ESCP MiF Fees, Scholarships & Cost of Living – Complete Financial Guide
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Overview
The ESCP Master in Finance (MiF) is one of the most prestigious finance master’s programs globally, consistently ranked #1 worldwide by the Financial Times. Designed for high-potential graduates aiming for careers in investment banking, asset management, private equity, financial markets, and corporate finance, the program offers rigorous academic depth combined with international exposure across Paris and London.
This guide covers ESCP MiF fees, funding options, scholarships, cost of living, ROI, and real financial planning, so you won’t need to visit the official site after reading.
ESCP MiF Fees
The tuition fee is the same for EU and non-EU students.
Tuition Fee Breakdown
Fee Component | Amount (€) |
Core Programme Tuition | 17,500 |
Finance Specialisation Tuition | 12,000 |
Registration & Student Services | 2,300 |
Total Tuition Fees | 31,800 |
Non-Refundable Deposit* | 3,000 |
*The deposit is deducted from the total tuition amount.
Important Notes
Fees include academic tuition, registration, student services, and alumni membership
Fees do not include accommodation, food, transport, insurance, or personal expenses
Students entering the 2-year track (insufficient ECTS credits) must pay an additional €4,700
Cost of Living at ESCP (Paris & London)
Living costs vary by campus and lifestyle. Paris and London are premium European cities, and students should plan realistically.
Monthly Living Expenses
Expense Category | Monthly Cost (€) |
Accommodation (shared) | 700 – 1,000 |
Accommodation (private) | 1,200 – 1,800 |
Food & Groceries | 300 – 450 |
Transportation | 60 – 100 |
Health Insurance & Miscellaneous | 250 – 350 |
Total Monthly Cost | 1,500 – 3,000+ |
Annual Living Cost Estimate
Study Duration | Estimated Cost (€) |
15 Months | 22,000 – 35,000 |
24 Months | 30,000 – 50,000 |
London is typically more expensive than Paris, especially for rent and daily transport.
Scholarships & Funding Options
1. ESCP Scholarships
ESCP offers partial tuition fee reductions based on:
Academic excellence
Financial need
International profile
Scholarships typically reduce 10%–50% of tuition fees, depending on eligibility.
2. CROUS & Government Scholarships
Eligible students can apply for French government-linked scholarships (CROUS), which may also provide:
Living cost support
Housing benefits
Social grants
3. Mandatory Paid Internships
Minimum 4-month internship required
Most internships are paid
Average monthly stipend: €500 – €2,000
Internships significantly reduce living expenses during the program
4. Student Loans
ESCP supports students in securing loans through:
European banks (BNP Paribas, Société Générale, LCL, BRED)
Home-country banks
Deferred repayment options until graduation
5. On-Campus & Part-Time Work
Students can work in:
Research assistance roles
Student services
Academic support positions
These roles help cover monthly expenses without academic overload.
Total Cost of ESCP MiF
Cost Component | Amount (€) |
Tuition Fees | 31,800 |
Living Expenses (avg.) | 25,000 – 40,000 |
Total Program Cost | 56,800 – 71,800 |
Return on Investment (ROI)
Career Outcomes
100% employment within 3 months
67% international job placement
Strong presence in IB, PE, AM, Consulting, Corporate Finance
Average Salary
€105,000+ average annual salary after graduation
For most graduates, the program pays for itself within 2–3 years post-graduation.
Is ESCP MiF Worth the Cost?
Yes, if your goal is:
Tier-1 finance roles
Strong international mobility
Rapid salary growth
Long-term global brand value
The ESCP MiF is one of the highest-ROI finance master’s degrees in the world.
Final Verdict
The ESCP Master in Finance combines elite academics, international exposure, and strong financial outcomes. With transparent fees, multiple funding options, and exceptional placements, it remains a top choice for finance professionals globally.
If planned well using scholarships, internships, and loans, the financial burden becomes manageable and strategically rewarding.
