ESSEC MIM Fees – Tuition, Scholarships, and Cost of Living
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If you're considering pursuing a Master in Management (MIM) at ESSEC Business School, one of the top-ranked business schools in the world, understanding the ESSEC MIM fees is crucial. This blog breaks down the costs, scholarships, and financial aspects of the program to help you plan your investment in this prestigious degree.
Why Choose the ESSEC MIM Program?
ESSEC's Master in Management (MIM)program is renowned for its flexibility, global exposure, and strong industry connections. It’s a gateway to a successful career in management, consulting, finance, and more. However, pursuing such a prestigious program requires careful financial planning. Let’s dive into the details of the ESSEC MIM fees and other related costs.
What Are the Fees for ESSEC MIM?
The ESSEC MIM fees vary depending on whether you are a French/EU student or an international student. Below is a detailed breakdown of the tuition fees for the 2023-2024 academic year:
STUDENTS JOINING THE INTENSIVE TRACK (1 YEAR) | ||
Valid for 2025 intake for France and Singapore Campuses | ||
| European Union Citizens | Non-European Union Citizens |
Total Tuition Fees | €40,000 | €40,000 |
Deposit The non-refundable deposit is payable within two weeks from the day of admission and is deducted from the total tuition | €6,000 | €6,000 |
Remaining Tuition Fee The remaining tuition fee is payable before August 31st of the academic year | €34,000 | €34,000 |
| European Union Citizens | Non-European Union Citizens |
Service Fee The service fee is payable once in addition to the total tuition fee before joining ESSEC (irrespective of the duration of the program) | €2,130 | €2,230 |
STUDENTS JOINING THE FLEXIBLE TRACK (2-3 YEARS) | ||
Valid for 2025 intake for France and Singapore Campuses | ||
| European Union Citizens | Non-European Union Citizens |
Total Tuition Fees | €44,600 | €52,000 |
Deposit The non-refundable deposit is payable within two weeks from the day of admission and is deducted from the total tuition fee | €6,000 | €6,000 |
Remaining Tuition Fee- Year 1 The remaining tuition fee is payable before August 31st of the first academic year | €16,300 | €20,000 |
Remaining Tuition Fee- Year 2 The remaining tuition fee is payable before August 31st of the second academic year | €22,300 | €26,000 |
| European Union Citizens | Non-European Union Citizens |
Service Fee The service fee is payable once in addition to the total tuition fee before joining ESSEC (irrespective of the duration of the program)
| €2,370 | €2,570 |
Additional Costs to Consider
Apart from tuition fees, students should also budget for other expenses such as:
Accommodation: €500–€1,200 per month (depending on location and preferences).
Living Expenses: €500–€800 per month (food, transportation, leisure).
Health Insurance: Approximately €300–€600 per year.
Books and Supplies: €500–€1,000 per year.
Visa Fees (for international students): €50–€100.
Scholarships and Financial Aid
ESSEC offers a range of scholarships and financial aid options to help students manage the ESSEC MIM fees. Here are some popular scholarships:
Scholarship Name | Eligibility | Amount |
ESSEC Academic Excellence Scholarship | Outstanding academic achievements | Up to 50% of tuition fees |
ESSEC Diversity Scholarship | Students from underrepresented backgrounds | Up to €10,000 |
ESSEC International Talent Scholarship | Non-French students with strong profiles | Up to €15,000 |
External Scholarships | Based on nationality or specific criteria | Varies |
Pro tip : Apply early for scholarships, as they are highly competitive!
ESSEC MIM Return on Investment (ROI)
While the ESSEC MIM fees may seem high, the program offers an excellent return on investment. ESSEC graduates are highly sought after by top employers worldwide, with an average starting salary of €55,000–€70,000 per year. Additionally, the program’s strong alumni network and career services ensure long-term career growth.
Also Check : ESSEC MIM Deadlines 2025
How to Apply for ESSEC MIM ?
To apply for the ESSEC MIM program, you’ll need:
A bachelor’s degree or equivalent.
GMAT/GRE scores (optional for some candidates).
English proficiency test scores (TOEFL, IELTS, or equivalent).
A strong motivation letter and recommendation letters.
The application fee is €130, and deadlines vary depending on the intake (Fall or Spring).
Conclusion
The ESSEC MIM fees are a worthwhile investment for anyone looking to build a successful career in management. With its world-class curriculum, global exposure, and strong alumni network, ESSEC’s MIM program is a stepping stone to a bright future. Don’t forget to explore scholarships and financial aid options to ease the financial burden.
To understand more about the application process, check out our detailed ESSEC MIM Review and prepare effectively with our guide on ESSEC MIM essay questions
Need help deciding if ESSEC is right for you? Connect with our expert team at Admit Scholar today - we’ll help you with personalized guidance, profile evaluation, and complete support to strengthen your application journey
