Master in Strategy & Management of International Business (SMIB)

Description:
To sustain the academic excellence of the program and enhance the education and experience of our students, ESSEC Business School offers the Academic Excellence scholarship to outstanding candidates and the Diversity Scholarship to students with varied cultural perspectives and backgrounds.

Eligibility:
Academic Excellence Scholarship - Open to all applicants and awarded on the basis of the overall quality of their application i.e. academic excellence demonstrated in the file: outstanding Management test scores, strong motivation, etc.;
Diversity Scholarship - Demonstrate academic excellence and bring diversity in terms of citizenship, prior education or background.

Amount:
Can cover up to 50% of total tuition fees.

Procedure:
Scholarship decisions are made during the application procedure. There is no additional application to fill out or request to make. Selected students will be notified upon being offered a place on the program.

Description:
Since 2021, ESSEC allows female students admitted to the Master in Strategy and Management of International Business (SMIB) to receive a scholarship.

Eligibility:
All female students admitted to the Master in Strategy and Management of International Business (SMIB) are eligible.

Amount:
Up to 50% of total tuition fees.

Procedure:
Scholarship decisions are made during the application procedure. There is no additional application to fill out or request to make. Selected students will be notified upon being offered a place on the program.

Description:
The French Ministry of Foreign Affairs funds the Eiffel scholarship.

Eligibility:
Reserved for non-French candidates, double nationality included, no older than 30 years old at the time the selection committee will meet (around mid-March).

Amount: 
A monthly allowance of €1,181 and covered costs of one international return journey and social security cover.

Procedure:
ESSEC submits applications for EIFFEL scholarships on your behalf. Your application should be completed and submitted therefore in the first or second round of applications.

Description:
A platform to channel the influence of Lebanese finance executives worldwide in order to establish stronger bonds, nurture the next generation and promote Lebanon.

Eligibility:
Candidate must be Lebanese or of Lebanese descent, achieve and maintain academic excellence, demonstrate interest in pursuing a career in Finance and must be in financial need.

Amount:
Up to 12 000 USD per year for the duration of the academic program.

Procedure:
ESSEC submits applications for LIFE scholarships on your behalf.

As an ESSEC student, you can take out a preferential-rate bank loan, which covers full tuition and is repaid starting at the end of your first year of work.

ESSEC has developed a partnership with major French bank branches located in Cergy (LCL, BNP Paribas and Société Générale) to give you special terms and conditions. 

Loan applicants are required to have a guarantor living in France. According to the banks, the guarantor must earn enough to cover the monthly loan payments but also be a French citizen, a close family member and/or both. Additional fees and expenses will be the responsibility of the student.

International Students from 150 different nationalities admitted to the Master in Strategy and Management of International Business (SMIB) may apply to Prodigy Finance loans. Contrary to the banks in France and Singapore, Prodigy does not require a collateral or co-signer.
These loans are granted based on the student's future earning potential and do not take into account credit history.
Students may apply online on the Prodigy website. There is no hidden fee or early repayment fee. Interest rates may vary depending on individual profiles. Funds are directly disbursed to the school in euro (€) so no exchange rates are borne by the student. Disbursement starts from September and loan application processing time may go up to a month and a half. The sooner you apply, the better.
We advise you to read carefully the Prodigy website to check your eligibility before applying.

Many US citizens or permanent residents opt to take out the US Federal Stafford and private Sallie Mae loans. These loans can cover up to the full cost of attendance and all applicants having a co-signer in the US are eligible for these loan programs. ESSEC is listed as “ESSEC Business School", and has a code number of G30959.

• More information on Sallie MAE
• More information on US Federal loans

ESSEC employs its students in a wide variety of functions which can help towards everyday living costs. These are part time short-term contracts in for example taking up the role of a student ambassador, assisting teachers, carrying out market research, helping out at conferences and events, contributing to social media, etc.

You will also get the chance to apply for a 1-day per week mission to work with your Academic Director, Prof. Maman.