Overview
The Master in Finance (MIF) at emlyon business school is a highly specialised postgraduate programme designed for students aiming to build careers in corporate finance, financial markets, investment banking, asset management, and financial consulting. Delivered fully in English, the programme reflects emlyon’s internationally respected "learning by doing" pedagogy, combining rigorous academic training with strong practical exposure.
The MIF is structured to accommodate different academic backgrounds through two entry tracks:
Year 1 Entry (2-year track) for students without a strong prior finance background
Year 2 Entry (1-year track) for students with an undergraduate degree in finance, economics, or a closely related field
Graduates are awarded a French State-recognised Master’s degree (Bac +5), ensuring global academic and professional recognition. The curriculum integrates ESG, sustainable finance, data-driven decision-making, and professional certifications, positioning graduates for finance roles in a rapidly evolving global economy. This guide covers Emlyon MIF Fees.
Emlyon MIF Fees
Official Tuition Fees
The tuition fees for the emlyon Master in Finance depend on the point of entry into the programme:
2-Year Track (Year 1 Entry): €40,800 total
1-Year Track (Year 2 Entry): €28,750
These fees cover academic tuition and access to core institutional services throughout the programme.
Fee Breakdown – 2-Year Track
Year 1: €14,500
Year 2: €26,300
Total Programme Fee: €40,800
What the Tuition Fee Includes
All academic courses and examinations
Access to Bloomberg terminals and finance databases
Career development services and professional coaching
Access to emlyon’s global alumni network
Participation in company projects, case studies, and academic seminars
What Is Not Included
CVEC (student life contribution)
Accommodation and personal living expenses
Travel costs for internships or international mobility
Optional external certifications and study materials
Fees & Funding Options
Financing a Master in Finance at emlyon is supported through a well-structured mix of institutional scholarships, government aid, and international loan providers.
emlyon Business School Scholarships
emlyon offers merit-based and profile-based scholarships that can cover up to 50% of the tuition fees. These scholarships are awarded based on academic excellence, professional background, leadership potential, and overall profile strength.
Scholarship applications are typically assessed alongside the admission application, making early application highly advantageous.
CROUS Scholarships (France-Based Students)
Students eligible for CROUS social scholarships may receive tuition reductions ranging from 5% up to 100%, depending on the scholarship level awarded before enrolment.
Government & External Scholarships
Highly competitive external funding options are also available, including:
Eiffel Excellence Scholarship by the French government
Campus France-sponsored national scholarships
Regional mobility and excellence grants
These scholarships may support tuition, living expenses, or both, depending on the scheme.
Education Loans
International students can access postgraduate education loans through approved international lenders that do not require a local guarantor. These loans can be used to finance tuition fees as well as living costs in France.
Cost of Living in Lyon
Lyon is one of France’s most attractive student cities, offering a high quality of life at a lower cost than Paris while remaining a major European business and finance hub.
Estimated Monthly Living Expenses
Accommodation: €500 – €900
Food & groceries: €200 – €300
Public transport: €30 – €50
Utilities & internet: €80 – €150
Health insurance & personal expenses: €70 – €150
Average Monthly Budget
Students should plan for an average monthly living cost of €900 – €1,400, depending on accommodation choice and lifestyle.
Affordable student residences, shared apartments, and public transport discounts help reduce overall expenses.
Additional Mandatory Costs
In addition to tuition and living expenses, students should budget for:
CVEC (Student Life Contribution)
Administrative registration fees
Course materials and academic supplies
Optional professional certifications
These costs are standard across French higher education institutions.
Return on Investment
The emlyon Master in Finance delivers strong value through:
High-level technical finance training
Integrated professional certifications and market tools
Strong corporate exposure through internships and applied projects
Dedicated career services and employer engagement
Access to a powerful global alumni network
Graduates typically pursue careers in investment banking, corporate finance, financial consulting, asset management, private equity, and risk management across Europe and international markets.
Conclusion
The Master in Finance at emlyon business school is a strategically designed programme for students seeking deep finance expertise, global exposure, and strong employability outcomes. With transparent tuition fees, robust scholarship opportunities, and manageable living costs in Lyon, the programme offers an attractive balance between academic excellence and financial planning.
For candidates aiming to build long-term careers in finance, emlyon’s MIF stands out as a high-return investment backed by a prestigious institution, industry-aligned curriculum, and strong international reputation.
This guide is designed to give you everything you need to understand fees, funding, scholarships, and living costs without requiring further reference to external sources.
