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The ESCP Master in Management (MIM) program is one of the most prestigious and sought-after business degrees in Europe. However, pursuing such a world-class education comes with a financial commitment. In this blog post, we’ll provide a detailed breakdown of the ESCP MIM fees, including tuition, additional costs, and available financial aid options. All information is sourced exclusively from the official ESCP website to ensure accuracy and reliability.
Why Invest in the ESCP MIM Program?
Before diving into the fees, it’s important to understand the value of the ESCP MIM program. With its multi-campus structure, international exposure, strong corporate partnerships, and exceptional career outcomes, ESCP offers a transformative educational experience. The program’s ROI is evident in its high employment rates (98% within 6 months) and competitive starting salaries (average of €55,000 per year).
Now, let’s break down the costs associated with the program.
ESCP MIM Fee Structure (2023-2024)
The total cost of the ESCP MIM program depends on whether you are an EU or non-EU student. Below is a detailed breakdown of the fees:
ESCP MIM Tuition Fees
Category | EU Students | Non-EU Students |
Year 1 Tuition Fees | €21,900 | €24,900 |
Year 2 Tuition Fees | €21,900 | €24,900 |
Year 3 (Optional) Fees | €16,900 | €16,900 |
Total Tuition Fees | €60,700/€43,800 | €66,700/€49,800 |

Additional Costs to Consider
While tuition fees cover the core academic expenses, there are additional costs that students should budget for:
Additional Costs
Expense | Estimated Cost |
Accommodation | €600–€1,200/month |
Living Expenses (Food, Transport, etc.) | €500–€800/month |
Health Insurance | €300–€600/year |
Study Materials | €200–€500/year |
Travel (for multi-campus studies) | €1,000–€2,000/year |
Total Additional Costs | €12,000–€20,000/year |
Financial Aid and Scholarships
ESCP offers several financial aid options to help students manage the cost of the program. Here are some of the key opportunities:
Financial Aid Options
Scholarship/Aid | Eligibility | Amount |
ESCP Excellence Scholarship | Outstanding academic achievements | Up to 50% tuition fee |
ESCP Diversity Scholarship | Demonstrated financial need | Up to 30% tuition fee |
ESCP Women in Leadership Scholarship | Female candidates with leadership potential | Up to €10,000 |
External Scholarships | Based on nationality or merit | Varies |
Student Loans | Available through partner banks | Covers full tuition |
Note: Scholarships are competitive, and applicants are encouraged to apply early.
Budgeting Tips for ESCP MIM Students
Plan Ahead: Start saving early and explore scholarship opportunities as soon as possible.
Choose Affordable Accommodation: Consider shared apartments or student housing to reduce costs.
Leverage Student Discounts: Take advantage of discounts on transport, food, and entertainment.
Part-Time Work: ESCP allows students to work part-time during their studies, which can help cover living expenses.
Is the ESCP MIM Worth the Investment?
The ESCP MIM program is a significant financial commitment, but it offers exceptional value for money. Here’s why:
High ROI: Graduates earn competitive salaries, with many securing roles in top-tier companies.
Global Network: Access to a network of 70,000+ alumni and strong corporate partnerships.
International Exposure: The multi-campus structure provides unparalleled global exposure.
Career Support: Dedicated career services and internship opportunities ensure strong career outcomes.
Conclusion
The ESCP MIM program is a life-changing investment in your future. While the fees may seem daunting, the program’s strong ROI, global reputation, and career opportunities make it a worthwhile choice. By planning ahead and exploring financial aid options, you can make this dream a reality.
Summary Table: ESCP MIM Fees at a Glance
Category | EU Students | Non-EU Students |
Year 1 Tuition Fees | €21,900 | €24,900 |
Year 2 Tuition Fees | €21,900 | €24,900 |
Year 3 (Optional) Fees | €16,900 | €16,900 |
Total Tuition Fees | €60,700/€43,800 | €66,700/€40,800 |
Additional Costs | €12,000–€20,000/year | €12,000–€20,000/year |
Financial Aid Options | Scholarships, loans | Scholarships, loans |