MBA in France: Fees 2024, Top Colleges, Placements & Salaries

MBA in France: Fees 2024, Top Colleges, Placements & Salaries

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Bhaskar Das

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Highlights:

  • MBA in France duration is 10-18 months which is the shortest among all other countries
  • You should apply for a long-stay Education Visa to stay and study in France for more than 90 days.
  • You can choose from different MBA programs like Full-time MBA, Global MBA in France, MBA in International Management
  • After completing an MBA, jobs in France provide a great return on investment and the salary is always in a rising trend.
  • The cost of living in France is on average 195% - 197% higher than in India.
  • You must request an Autorisation Provisoire de Séjour (APS - temporary resident permit) which is valid for twelve months to look for employment in France.

Ever thought of getting an international MBA in less than 1 year with a great salary package? MBA in France is a 10-month to 18-month course that provides a huge boost to your career and provides multiple job opportunities. The salary for international students is seen to increase every year. Here is a trend of salary for the most popular low cost MBA in France, which are Finance, Consulting, and Marketing.

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Though France is not as popular as other destinations like US, UK, Australia, Canada, or Germany, it is worth doing MBA in France. The country provides some sought-after MS courses and MBA Programs. France provides

  • Short 10-month MBA courses
  • 25 accredited MBA colleges by the Association of MBAs (AMBA)
  • 15 triple-accredited Business schools

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As you can see, the return on investment varies as per university. Audencia Business School provides the highest ROI. Most business schools in France require an average GRE and GMAT score of 550 to 650. To gain admission to best b-schools in France, you are required to have an

  • IELTS overall score of 6.5 to 7.5.
  • The minimum TOEFL score is between 90 and 110.

The tuition cost ranges from EUR 31,500 to EUR 98,500 which is equivalent to INR 28 Lakhs to INR 87 Lakhs. The cost varies as per the MBA that you are looking for like Executive MBA, Global MBA, 1 year MBA in France, MBA in International Management, and others. Once the course is completed, you get a chance to be hired by top companies in various sectors like Hyatt Regency, Tata Consultancy Services, Amazon, Airbus, and others.

Why Study MBA in France?

Being an international student, you must be wondering why study MBA in France? Why not some other countries? The first and foremost reason is the shorter duration of the course. MBA in France caters to intensive education and practical comprehension in the fields of business, finance, and management. You will not get free MBA in France for international students. Some 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.
  • 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 top employers of MBA in France along with the average salaries are given below:

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  • 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.

Best Business Schools in France

Since you are applying for MBA, you must have cleared your bachelor’s degree and have at least 2-3 years of work experience. You can study any subject and do a low-cost MBA in France. You can also check exams to study in France for the tests that you need to be eligible. 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
HEC Paris MBA 16 months Rolling admissions EUR 98,000
INSEAD MBA 10 months 05 March 2024 EUR 99,500
ESSEC Business School Global MBA 12 months 17 June 2024 EUR 50,000
EDHEC Business School Global MBA in France 10 months 31 May 2024 EUR 51,000
ESCP Business School MBA in International Management 10 to 34 months 11 June 2024 EUR 57,000
Emlyon Business School International MBA 11 months 30 April 2024 EUR 39,800
SKEMA Business School Global Executive MBA in France Full-time: 18 months Part-time: 24 months Rolling EUR 34,000
Audencia Business School International MBA 1 year 31 Jan 2024 EUR 31,500
Neoma Business School MBA | Global Executive MBA in France 1 year | 15 to 20 months 31 August 2024 EUR 38,500

Admissions to MBA Colleges in France

Before applying to study in France, you must decide which season and course you wish to apply for, and submit your application before that date. Now what if you miss the deadline or miss any documents? In that case, the admission will be delayed, and it is possible that you will be moved to the next session. You can also apply for online MBA in France avaialblke in multiple universities. Once the details are submitted, the admissions team will review and call for an interview if you are selected.

MBA in France Eligibility

The best B-schools in France have the following eligibility criteria 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 transcripts or certified copies of transcripts
  • Updated Resume or CV
  • SOP for MBA
  • Personal Interview
  • A valid passport
  • Professional LOR
  • 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

You must have all the above-mentioned documents ready before applying to top universities in France. Missing any of these might cause a delay in admission. Your application can also be rejected for MBA in France in English. 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 or 635 under the Focus edition IELTS: 7 (with at least 6.5 in each band) | TOEFL: 100
INSEAD Bachelor’s degree from a recognized university No minimum requirement 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 No minimum requirement IELTS: 7 (with at least 6.5 in each band) | TOEFL: 100
EDHEC Business School Bachelor’s degree from a recognized university No minimum requirement Average Score: 650 IELTS score: 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 No minimum requirement IELTS: 7 (with at least 6.5 in each band)
Emlyon Business School 4-year bachelor’s degree from a recognized university No minimum requirement Average score: 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 Not mandatory IELTS: 6.5 (with at least 6 in each band) | TOEFL score: 84
Neoma Business School 3-year bachelor’s degree from a recognized university Not required IELTS: 7 (with at least 6.5 in each band)

MBA in France Work Experience Requirements

If you want to do an MBA anywhere in the world, more than 70% of the universities demand work experience. Some universities do not mandate work experience but prefer candidates with experience or jobs in France. You can also get cheapest MBA in France for international students at various colleges. 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 Cost of Living

The cost of studying a postgraduate program in an international country includes the tuition costs to study in France, the cost of living, and scholarships/grants available to reduce this amount. The cost of living varies as per the accommodation and rent that you choose. .

  • If you are staying alone, you can consider the expense within EUR 1000 per month.
  • If you stay with your family of four, the monthly cost ranges from EUR 3000 - EUR 4000.

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. The cost of living in France is twice the cost of living in India. The following are the items and expenses in France:-

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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 ends meet. Therefore, it is very important to know the scholarships and national grants to fund their education in the best b-schools 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 need to apply before deadline 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.

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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 Top Recruiters

Multiple global giants hire MBA students from French universities. You have a great chance of landing a job within 3-6 months after completing graduation. These recruiters include:

  • McKinsey & Company
  • Bain & Company
  • Boston Consulting Group
  • L'Oréal
  • BNP Paribas
  • Airbus
  • Thales
  • Valeo

Work Permit after MBA in France

After finishing your masters degree, you can apply for and receive a 24-month temporary residency permit. In France, a student can only stay after graduation if he has a paid job. Students who are already working are typically eligible to apply for a residence permit.

  • International student without a job offer may apply for an APS (Autorisation Provisoire de Séjour)
  • It is a temporary residency permit for a year
  • APS is non-renewable and you can look for work in France.
  • The VLT-TS visa permits international students to stay in France for two years after finishing their education to look for work

MBA in France vs MBA in USA

We have provided a comparison of France vs USA. The reason for taking USA because most international students visit USA for their studies. Hence, we have compared it with the best so that you can decide. 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 28 Lakhs to INR 87 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 37 Lakhs to INR 99 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: Is France good for MBA?

Ans: Yes, MBA in France is one of the top choice among international students due to the following reasons;

  • 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.
  • 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.

Ques: Is an MBA from France valid in India?

Ans: Yes, an MBA earned from France is recognized and valid in India. This qualification offers several advantages, including the potential for a higher average salary and access to a wide range of job opportunities upon completion of your foreign MBA program.

Ques: What is the eligibility for MBA in France?

Ans: The best b-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

Ques: How many years is an MBA in France?

Ans: An MBA program in France typically spans one to two years, with full-time semesters. French business schools often follow a schedule with both spring and fall semesters, with breaks in December and during the summer months. In some cases, it's possible to complete an MBA in France in as little as 10 months, which is less than a year.

Ques: What is the salary after MBA in France?

Ans: Candidates of MBA in France 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.

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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