MBA in France: Colleges, Deadlines, Fees 2023, Jobs & Salaries

MBA in France: Fees 2023, Top Colleges, Placements & Salaries

MBA in France is a postgraduate degree program available to individuals after the completion of a 4-year bachelor’s degree in Business or Finance related stream from a recognized university. Candidates who do not possess a UG degree can also apply. They must possess a higher secondary education certificate from a recognized board with at least 5 years of experience.

A majority of MBA colleges in France require GRE and GMAT scores for admissions. A GMAT score of 550 to 650 or more is considered an appreciable score. Additionally, in order to prove English proficiency, international applicants are required to have an IELTS overall score of 6.5 to 7.5.

The average tuition costs for studying MBA in France range from EUR 31,500 to EUR 98,500 which is equivalent to INR 27.4 Lakhs to INR 85.6 Lakhs. In return, candidates can expect a payout ranging from EUR 42,400 to EUR 111,800, equivalent to INR 36.9 Lakhs to INR 97.2 Lakhs, per year.
Also Check
: Exams to Study in France.

MBA in France: Highlights

Courses Available MBA | Executive MBA
Course Type Full-time | Part-time
Program Duration 10 to 34 months
Degree Requirement 4-year bachelor’s degree from a recognized university OR Higher secondary education from a recognized board with at least 5 years of experience
Professional Experience 3 to 5 years
GMAT Score 550 to 650 or more
English Proficiency Requirements IELTS: 6.5 to 7.5 overall score | TOEFL iBT: 84 to 100 overall score
Annual Tuition Fees EUR 31,500 to EUR 98,500 (INR 27.4 Lakhs to INR 85.6 Lakhs)
Annual Salary Range EUR 42,400 to EUR 111,800 (INR 36.9 Lakhs to INR 97.2 Lakhs)
Top Employers Hyatt Regency, Tata Consultancy Services, Amazon, Airbus

Top MBA Colleges in France

The following are the top business schools in France along with their corresponding application deadlines, program duration, and tuition fees:

University Program Duration Application Deadlines Tuition Fee (EUR)
HEC Paris MBA 16 months Sept Intake: 12 June 2023 Jan Intake: 13 Nov 2023 80,000
INSEAD MBA 10 months 07 March 2023 Aug 2023: 97,000 Jan 2024: 98,500
ESSEC Business School Global MBA 12 months 22 May 2023 49,500
EDHEC Business School Global MBA 10 months 31 May 2023 46,000
ESCP Business School MBA in International Management 10 to 34 months 7 April 2023 53,600
Emlyon Business School International MBA 11 months 12 June 2023 39,800
SKEMA Business School Global Executive MBA Full-time: 18 months Part-time: 24 months Rolling 38,000
Audencia Business School International MBA 1 year 31 Jan 2023 (Closed) 31,500
Neoma Business School MBA | Global Executive MBA 1 year | 15 to 20 months Rolling 37,900

Why study MBA in France?

MBA in France caters to intensive education and practical comprehension in the fields of business, finance, and management. Some of the major reasons to study MBA in France are pointed out as follows:-

  • 6 of the top business schools in France rank among the top 100 universities of the world for MBA programs, as per QS Rankings 2023.
  • MBA graduates are highly in demand all across the globe with an average salary ranging from EUR 42,400 to EUR 111,800 (INR 36.9 Lakhs to INR 97.2 Lakhs). Some of the top employers of MBA in France along with the average salaries are given below:
    MBA in France: Top employers and Salaries
  • MBA in France can be completed in a period of time as small as 10 months, which is even less than a year.
  • France boasts some of the most prominent companies in significant industries worldwide, including BNP Paribas and AXA in finance, European Aeronautic Defence and Space Company (EADS) in aerospace, LVMH and Kering in luxury, Accor in tourism, Renault-Nissan, PSA, and Michelin in automotive, and Carrefour in retail.
  • France falls among the top study-abroad destinations for pursuing MBA.

Admissions to MBA Colleges in France

Applications for MBA in France are invited by top universities in several distinct rounds. Therefore, candidates are advised to keep an eye on the deadlines. In order to take admission into MBA in France individuals are required to submit English proficiency scores as well as GMAT/GRE scores. A GMAT score ranging from 550 to 650 is considered admission-friendly.

MBA in France: Eligibility Criteria

The top business schools in France have following the given eligibility criteria in order to select national and international students for MBA in France:-

  • 4-year bachelor’s degree from a recognized university with at least 3 years of professional experience OR Higher secondary education from a recognized board with at least 5 years of experience including 3 years of managerial experience
  • 2 academic and 1 professional Letter of Recommendation (LOR)
  • A 500-750 word Statement of Purpose (SoP)
  • Official transcript or certified copies of transcripts
  • Updated Resume or CV
  • Personal Interview
  • A valid passport
  • French Student Visa
  • Proof of English Proficiency:-
    • IELTS: 6.5 to 7.5 overall score
    • TOEFL iBT: 84 to 100 overall score

MBA in France: Admission Requirement

The following are the university-wise admission requirements for studying MBA in France:

University Bachelor’s Degree Requirements GMAT Score English Language Requirements
HEC Paris An undergraduate degree from an accredited institution with at least 2 years of professional experience | Higher secondary education from a recognized board with at least 5 years of experience including 3 years of managerial experience 690 IELTS: 7 (with at least 6.5 in each band) | TOEFL: 100
INSEAD Bachelor’s degree from a recognized university 640 IELTS: 7.5 (with at least 7 in each band) | TOEFL: 100 (at least 25 in each section)
ESSEC Business School 4-year bachelor’s degree from a recognized university 600 IELTS: 7 (with at least 6.5 in each band) | TOEFL: 100
EDHEC Business School Bachelor’s degree from a recognized university 650 IELTS: 6.5 (with at least 6 in each band) | TOEFL: 95
ESCP Business School 4-year Bachelor’s degree or a Master’s degree from a recognized university 650 IELTS: 7 (with at least 6.5 in each band)
Emlyon Business School 4-year bachelor’s degree from a recognized university 620 IELTS: 7 (with at least 6.5 in each band)
SKEMA Business School 4-year Bachelor’s degree or a Master’s degree from a recognized university Not mandatory IELTS: 7 (with at least 6.5 in each band)
Audencia Business School Bachelor’s degree from a recognized university 700 IELTS: 6.5 (with at least 6 in each band) | TOEFL: 84
Neoma Business School 3-year bachelor’s degree from a recognized university IELTS: 7 (with at least 6.5 in each band)

MBA in France: Work Experience Requirements

Work experience is an important requirement for admission to MBA in France. Tabulated below are the minimum work experience required by the college and the average work experience of the enrolled students:

Top Business Schools in France Work Experience required
HEC Paris 2-5 years
ESSEC Business School 3 years
EDHEC Business School 3 years
ESCP Business School 2 years
Emlyon Business School 3 years
SKEMA Business School 2 years
Audencia Business School 3 years
Neoma Business School 5 years

MBA in France: Deadlines

The application procedure for MBA in France commences in several rounds. The available intake rounds for some of the top universities offering MBA in France are given below:

University Deadlines
HEC Paris Round 3: 13 March 2023 | Round 4: 10 April 2023 | Round 5: 15 May 2023 | Round 6: 12 June 2023 | Round 7: 14 Aug 2023 | Round 8: 11 Sept 2023 | Round 9: 13 Oct 2023 | Round 10: 13 Nov 2023
INSEAD Round 1: 07 March 2023 | Round 2: 18 April 2023 | Round 3: 27 June 2023 | Round 4: 28 Aug 2023
ESSEC Business School Round 5: 20 March 2023 | Round 6: 17 April 2023 | Round 7: 22 May 2023 | Round 8: 19 June 2023
EDHEC Business School 31 May 2023
ESCP Business School Sept Round 7: 07 April 2023 | Sept Round 8: 05 May 2023
Emlyon Business School Session 3 : 17 April 2023 Session 4 : 12 June 2023
Audencia Business School 31 Jan 2023 (Closed)

MBA in France: Costs

Cost of studying a postgraduate program in an international country includes the tuition costs, cost of living, and scholarships/grants available to reduce this amount. The following sections elaborate costs involved for an international student planning to study in france:

MBA in France: Tuition Fee

The average tuition fee for an MBA in France ranges from EUR 31,500 to EUR 98,500 which is equivalent to INR 27.4 Lakhs to INR 85.6 Lakhs. The university-specific study costs for MBA in France are tabulated as follows:-

MBA in France: Tuition Fee

University Tuition Fee (EUR) Tuition Fee (INR)
HEC Paris 80,000 69.5 Lakhs
INSEAD 97,000 84.3 Lakhs
ESSEC Business School 49,500 43 Lakhs
EDHEC Business School 46,000 40 Lakhs
ESCP Business School 53,600 46.6 Lakhs
Emlyon Business School 39,800 34.6 Lakhs
SKEMA Business School 38,000 33 Lakhs
Audencia Business School 31,500 27.4 Lakhs
Neoma Business School 37,900 32.9 Lakhs

Cost of Living in France

France is one of the most popular study abroad destinations, especially for MBA which is due to the quality of education and standard of living. The average cost of living in France revolves around EUR 900 per month, equivalent to INR 78,500. Apparently, the cost of living in France is twice the cost of living in India. The following are the items and expenses in France:-

Type of Expense Monthly Cost in EUR Equivalent Cost in INR
1-bedroom Apartment 590 - 720 51,500 - 62,850
3-bedroom Apartment 1,100 - 1,450 96,000 - 1.27 Lakhs
Food 15 - 60 1,300 - 5,250
Electricity 165 14,400
Internet 30 2,600
Transportation 65 5,700
Gym 35 3,000

Cost of Living in France

MBA in France: Scholarships

With a high cost of living and higher tuition costs it becomes highly difficult for a middle-class student to make the ends meet. Therefore, they may utilise university scholarships and national grants in order to fund their education in the top MBA colleges in France. Some of the popular scholarships in France for international students are tabulated as follows:-

Scholarship University Eligibility Award
HEC Paris MBA Scholarship for Excellence HEC Paris Candidates studying MBA at HEC Paris with academic excellence Up to 50% of tuition fees
Early Bird Scholarship ESSEC Business School Candidates who apply before 20 Feb 2023 EUR 5,000
Excellence Scholarship EDHEC Business School Candidates studying MBA with GMAT score of 650 or more Up to 50% of tuition fees
Woman in Leadership Scholarship ESCP Business School Female candidates studying at ESCP Business School EUR 15,000
Social Diversity Scholarship Emlyon Business School Candidates hailing from different social groups Up to 30% of tuition fee
Eiffel Excellence Scholarship Government of France For students pursuing a master's or PhD degree in France | Open to students from non-European Union countries. 1,181 EUR
Charpak Scholarship Government of France For students pursuing a master's degree in France | Open to Indian nationals. Monthly stipend of 860 EUR for living | Student Visa and Etudes en France fee waiver

MBA in France: Placements

MBA in France guarantees high paying jobs to individuals into several well-established companies of the world. The average annual salary received ranges from EUR 42,400 to EUR 111,800, equivalent to INR 36.9 Lakhs to INR 97.2 Lakhs.

MBA in France: Placements

Job Profile Annual Salary (EUR) Equivalent Salary (INR)
Business Consultant 47,750 41.5 Lakhs
Business Analyst 42,400 36.9 Lakhs
Assistant Accounting Manager 48,450 42.1 Lakhs
Deputy CFO 111,800 97.2 Lakhs
Finance Manager 62,600 54.5 Lakhs
Business Development Manager 50,700 44 Lakhs
Strategy Director 91,500 79.6 Lakhs
Economist 52,800 45.9 Lakhs

MBA in France vs MBA in USA

A comparison between the MBA program offered in France and the USA is given in the following table:-

Particulars MBA in France MBA in USA
Duration 10 to 34 months 2 years
Degree Requirement 4-year bachelor’s degree from a recognized university 4-year bachelor’s degree from a recognized university
Average Work Experience Required 4 years 5 years
GMAT Score 550 to 650 or more 700+
ELP Score IELTS: 6.5 to 7.5 overall | TOEFL iBT: 84 to 100 overall IELTS: 7 overall score | TOEFL iBT: 70 to 100 overall
Annual Tuition Fees EUR 31,500 to EUR 98,500 (INR 27.4 Lakhs to INR 85.6 Lakhs) USD 48,000 to USD 85,350 (INR 39.4 Lakhs to INR 70 Lakhs)
Graduate Salary EUR 42,400 to EUR 111,800 (INR 36.9 Lakhs to INR 97.2 Lakhs) USD 105,600 (INR 86.6 Lakhs)

MBA in France is a prestigious degree to possess as it corresponds to high-paying job opportunities as well as appreciable chances of a pay raise. Furthermore, it allows an individual to either work for a company or start his/her own concern and build his/her own empire.

FAQs

Ques: Which MBA is best in France?

Ans: The following are the top universities offering the best MBA programs in France:

  • HEC Paris
  • INSEAD
  • ESSEC Business School
  • EDHEC Business School
  • ESCP Business School
  • Emlyon Business School
  • SKEMA
  • Business School
  • Audencia Business School
  • Neoma Business School

Ques: How much does an MBA cost in France?

Ans: The average tuition costs for studying MBA in France range from EUR 31,500 to EUR 98,500 which is equivalent to INR 27.4 Lakhs to INR 85.6 Lakhs.

Ques: Is GMAT required in France?

Ans: Yes, for admission to most MBA colleges in France, it is common for applicants to be required to submit their GRE and GMAT scores. Typically, a GMAT score of 550 to 650 or higher is regarded as a good score.

Ques. Is MBA taught in English in France?

Ans. MBA trains an individual in business development and global leadership skill enhancement which allows one to establish a business worldwide. Therefore, it is a plus point that MBA is taught in English in France.

Ques. Can I automatically get a scholarship while studying MBA in France?

Ans. There are several business schools that consider students pursuing an MBA in France without even the need for their application for a scholarship. These are basically excellence scholarships and early bird scholarships that may provide up to a 50% fee waiver.

Ques. What are the top recruiters for MBA graduates in France?

Ans. Several well-established and popular companies hire MBA in France graduates, such as:-

  1. Accuracy
  2. Amazon
  3. Barclay’s
  4. BCG
  5. Capgemini
  6. Citi, etc.

Ques. Is prior experience required for studying MBA in France?

Ans. A majority of business schools require the applicant to possess a prior relevant experience of at least 3 to 5 years in a reputed concern. It also helps candidates without a degree to apply for an MBA program.

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