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Most Affordable MBA Colleges in France

03 February, 2025
ims-india

France is known for its top MBA colleges, such as INSEAD and HEC Paris, which are leading destinations for an MBA in France. With thriving industries that include fashion, luxury, and finance, graduates from MBA colleges in France are recruited by global giants like Capgemini, earning salaries between EUR 90,000 and EUR 1,43,000, making it a high ROI choice for international students.

affordable mba in france

Suppose you are considering an MBA in France for Indian students and looking for affordable colleges. In that case, this blog covers the best MBA colleges in France, MBA France fees, and scholarships to simplify your decision!

Top 10 Affordable MBA Colleges in France

MBA colleges in France consistently rank among the top B-schools in France in QS Global MBA Rankings. The reasons? They provide affordable MBA programs, international exposure, a vibrant culture, and access to lucrative European job opportunities after graduation. 

 

Are you curious about the best MBA colleges in France that offer value for money? Explore the table below to find the most affordable MBA colleges in France, tailored for international students, including details on MBA France fees!

 

MBA Colleges in France Tuition Fee (EUR) Tuition Fee (INR)
Groupe ISEE 13,000 11,59,760
Novancia Business School 14,500 12,93,660
Grenoble Graduate School of Business 14,650 13,06,960
Toulouse Business School 15,692 14,00,000
Neoma Business School 15,300 13,64,940
Paris School of Business 18,500 16,50,500
ESC Rennes School of Business 20,000 17,84,240
IAE Aix-Marseille Graduate School of Management 25,000 22,30,300
Audencia Business School 31,500 28,10,260
Kedge Business School 39,000 34,79,350

 

Top 5 Affordable MBA Colleges in France- Detailed Explanation

 

Looking to pursue an MBA in France for Indian students without spending much? Given below are some of the best MBA colleges in France offering high-quality education with affordability for international students:

Groupe ISEE

 

ISEE Business School, located in Paris, France, is among the top B-schools in France. It offers various programs in business administration, management, finance, marketing, and entrepreneurship. Additionally, ISSE provides scholarships like Academic Excellence, International Student, Merit-Based, and Women in Business to support students financially and reward outstanding achievements.

 

Novancia Business School

Novancia Business School is located in  Paris, France. It offers many programs, including Grande Ecole and Continuing and Executive Education, focusing on entrepreneurship and commerce. It also provides various scholarships like Academic Excellence, International Student, etc., supporting students financially and rewarding exceptional achievements. Novacia offers affordable education while maintaining high academic and also professional standards.

 

Grenoble Graduate School of Business

Grenoble Graduate School of Business, an internationally recognised European business school, holds the prestigious triple crown accreditations AMBA, AACSB, and EQUIS. It consistently ranks high in global and European rankings. Also, Grenoble provides scholarships, such as International Student, Merit-Based, etc., to support and reward outstanding financial achievements.

 

Toulouse Business School

Toulouse Business School is a prestigious institute that has diversified its programs to meet the demands of the business community. The school also provides scholarships for Academic Excellence, International students, etc. Toulouse is recognised for its affordability while offering a world-class education, which makes it an excellent option for aspiring business professionals.

 

Neoma Business School

Neoma Business School is one of the exclusive 1% international business schools with triple accreditation (AMBA, AACSB, and EQUIS). It stands out for its innovative approach to global business education. Focusing on excellent research and instruction, NEOMA equips students with the skills and knowledge needed to navigate the future of business. NEOMA also offers affordable education options.

 

Best MBA Colleges in France

 

Looking to pursue an MBA in France? France is home to some of the top B-school in France, which offer world-class education and career opportunities. For those exploring options for an MBA in France for Indian students, check out the list below:

 

Name of the College/University QS Global MBA Rankings 2025: France 1st Year MBA Tuition Fee (INR)
HEC Paris 6 ₹64.95 L
INSEAD =11 ₹91.46 L
ESCP Europe 27 ₹45.51 L
ESSEC Business School 28 ₹44.19 L
EDHEC Business School =47 ₹45.07 L
EMLyon Business School 51 ₹38.44 L
Audencia Business School 89 ₹27.84 L
Grenoble Ecole de Management =92 ₹29.96 L
IESEG School of Management 101-110 ₹34.46 L
EMLV Business School 251+ ₹16.17 L

 

MBA Colleges in France Without Work Experience

Many MBA colleges in France accept applications from international students without requiring work experience. However, top B-schools in France typically prefer candidates with professional experience. The applicants should have a strong profile showcasing exceptional academic achievements and relevant qualifications.

 

MBA Colleges in France without work experience are:

 

University Tuition Fee (€) Tuition Fee (INR)
HEC Paris €90,000 (Total Fee) INR 80,42,055 (Total Fee)
INSEAD €98,500 (Total Fee) INR 88,01,582 (Total Fee)

 

MBA colleges in France: Cost of Studying

 

The total cost of pursuing an MBA in France at top universities is divided into two key categories: MBA France fees and living expenses. While MBA colleges in France offer a wide range of tuition fees depending on the institution, living expenses can vary based on location and lifestyle. Understanding these costs is essential, especially for those planning an MBA in France for Indian students:

 

Tuition Fees

 

An MBA in France ranges between EUR 30,000 to 100,000 or INR 26 Lakhs to 89 lakhs annually. This can be difficult to tackle for Indian students. However, in some situations, the state pays two-thirds of your tuition fees. Consequently, institutions charge significantly lower costs. One must visit the university’s official website for scholarships and loan information for a fee waiver!

 

Cost of Living

As an international student, the lifestyle does affect the cost of living in France. The average annual cost, including accommodation, food, stationery, entertainment, and incidental expenses, is roughly between EUR 12,000 and INR 10,70,990. To manage the costs, you can work part-time, prefer eating home-cooked meals more often, and try to find accommodation close to your university.

 

MBA in France for Indian students- Scholarships

 

Financial decisions and expenses cannot be neglected when pursuing an MBA in France. Several scholarships are available for international students at French universities, including top B-schools in France, to support and encourage their educational ventures. These scholarships are significant for reducing tuition fees for those seeking affordable MBA colleges in France.

 

Some of the popular MBA scholarships to study in France are as follows:

 

  1. HEC Paris MBA Scholarship for Diversity

A dynamic community is intended to be fostered through the HEC Paris Diversity Scholarship, which tends to highlight the importance of diversity in MBAs. The scholarship amount varies and can be applied to the last instalment to cover 50% of the tuition fee.

 

  1. INSEAD Louis and Evelyn Franck Endowed Award for Excellence

 

Exceptional MBA students receive the INSEAD Louise and Evelyn Franck Award for Excellence, created in honour of Louis Franck. Recipients would automatically receive EUR 11,000/, and this is considered during the first or second admission rounds.

 

  1. EDHEC Excellence Scholarship

 

EDHEC awards scholarships to deserving applicants who enrich the impact-driven learning environment. The EDHEC Excellence scholarship offers candidates with a GMAT score of +650 or above a tuition fee reduction of up to 40%. Candidates who meet the eligibility requirements and apply before 31 January are automatically awarded; no additional application is needed.

 

  1. Women in Leadership Scholarship

 

ESCP Business School provides an MBA in International Management Scholarship for Women Leaders for self-supporting female candidates with exceptional leadership skills. The scholarship is worth EUR 15,000 and is granted based on the applicant’s essay and recommendation.

 

  1. Higher Education Scholarship Test for Indian Students (HEST

 

The scholarship is offered by the Ministry of Electronics and Information Technology, India. It is for the Indian students pursuing higher education abroad. It can fund part of the tuition fees for an MBA in France.

 

  1. INSEAD Indian Alumni Scholarship

 

Indian citizens who are enrolled in the INSEAD MBA program would be eligible to apply for this EUR 25,000 scholarship

 

Affordable MBA Colleges in France- FAQs

Are there free tuition options available in France for international students?

 

Free tuition programs are rare in France, but public universities offer lower tuition fees for EU students. Non-EU international students can benefit from various MBA scholarships in France to reduce costs. While not entirely free, these financial opportunities make higher education in France affordable and accessible for international students.

 

How much is the living cost for students in France?

Living costs in France typically range from €800 to €1,200 per month, depending on the city. This covers accommodation, food, transportation, and other personal expenses. Major cities like Paris are more expensive, while smaller cities may have lower living costs.

 

Can international students get financial aid in France?

Many French universities provide scholarships and financial aid to support international students with tuition and living expenses. Examples include the Eiffel Excellence Scholarship for top international students and the HEC Paris Diversity Scholarship, designed to make studying in France more affordable for non-EU students.