MBA in France: Top Universities, Fees & Application Process
An MBA program in France covers diverse areas of business and management, such as entrepreneurship, strategic management, human resources, unit operations, etc. This course is designed to develop the managerial skills and abilities of future leaders, which they can utilise to build and sustain an organisation.
In this blog, we have discussed what it’s like to study an MBA in France, including top B-schools, their application process, eligibility criteria and more.
- Why Study MBA in France?
- Top Specialisations of MBA in France for Indian Students
- Top B-Schools for MBA in France
- Course Structure & Syllabus of MBA in France for Indian Students
- Eligibility Criteria for MBA in France for Indian Students
- Required Documents for MBA in France
- Application Process for MBA in France
- MBA in France without GMAT/GRE Score
- Jobs in France After an MBA Program
- MiM vs MBA: Which is Best For You?
- Conclusion
- FAQs
Why Study MBA in France?
Master of Business Administration (MBA) is a highly professional post-graduate program that aims to foster skills relevant to business administration. An MBA program covers the diverse areas of business administration, such as accounting, applied statistics, human resources, business communication, business ethics, business law, strategic management, business strategy, finance, managerial economics, management, entrepreneurship, etc.
Moreover, pursuing an MBA in France fosters an entrepreneurial mindset. It also refines the soft skills and personality traits of a student.
Top Specialisations of MBA in France for Indian Students
Some of the MBA specialisations among international students are given below.
Strategic Marketing: It deals with studying the customer’s insights and deriving the relevant strategies for effective marketing of products and services.
Finance: This specialisation provides an in-depth understanding of financial resources, investment, capital, shares, equity, etc. It also inculcates an understanding of buying and selling assets.
Entrepreneurship: In this specialisation, students learn about the creation and growth of businesses, strategy formulations, their implementation, and execution to sustain the enterprise.
Data and AI for Business: This specialisation inculcates knowledge and understanding of complex data analysis, deriving insights, and formulating strategies in business scenarios.
Human Resource Management: This specialisation focuses on inculcating the knowledge of managing humans as resources for various purposes to grow and develop the business.
Operations Management: Operations Management provides training and tools for managing production and unit processes. It teaches students how to establish process flows and manage them.
Top B-Schools for MBA in France
Below are some of the most popular B-schools for pursuing an MBA in France, along with their QS World University Rankings 2024 (MBA) and tuition fees.
| University | University Ranking 2024 (MBA) | Duration | Total Tuition Fees |
|---|---|---|---|
| HEC Paris | 5 | 12 months/16 months | EUR 99,000 |
| INSEAD | 11 | 10 months | EUR 103,500 |
| ESCP Business School | 26 | 10 months | EUR 57,000 |
| ESSEC Business School | 29 | 12 months | EUR 50,000 |
| EDHEC Business School | 51 | 12 months | EUR 52,500 |
| EMLyon Business School | 54 | 11 months | EUR 39,800 |
| Grenoble Ecole de Management | 96 | 10 months | EUR 33,900 |
| Audencia Business School | 101 | 12 months | EUR 31,500 |
| IESEG School of Management | 121 | 13 months | EUR 39,000 |
| EMLV Business School | 251 | 12 months | EUR 18,100 |
Course Structure & Syllabus of MBA in France for Indian Students
- The duration of MBA in France is around 12-16 months, depending on the university or business school.
- Most universities, like HEC Paris, INSEAD, etc., offer an MBA program in both fall and spring intakes, which allows candidates to apply for one of the two intakes or both if they miss the deadlines.
- An MBA in France can be completed in 5-7 periods, and the minimum timeframe for each period is around 7-8 weeks, depending on the university.
Learning Components of MBA in France
Following are the learning components of an MBA in France, which universities have adopted to impart an understanding of the course.
- Foundational Courses/Pre-MBA Elements
- Language Courses
- Core Courses
- Electives
- Internships
- Company Projects
- Capstone Projects
Core Modules
Core modules comprise basic subjects offered to students so that they can develop a foundational understanding of the MBA program.
- Financial Accounting
- Financial Markets and Valuation
- Organisational Behaviour
- Prices & Markets
- Introduction to Strategy
- Corporate Financial Policy
- Managing Customer Value
- Managerial Accounting
- Leadership Foundation
- Marketing
- Financial Accounting & Reporting
- Operation Management
- Ethics & Sustainability
- Managerial Economics
- Macro-Economics for Business
Elective Modules
Elective modules comprise thematic subjects that MBA students are required to choose. Elective subjects facilitate students to select a group of subjects they like, making the curriculum personalised.
- Data Science for Business
- Negotiations
- Pricing Analytics
- Understanding and Managing Risk
- Storytelling Workshop
- Making Authentic Decisions
- Management Decision Making
- Decision Models
- Data & AI for Business
- Business Analytics
- Human Resource Management
- Corporate Law
Company Projects
Company consultancy projects are a key element of the MBA in France. They allow students to learn about a specific sector or function while working on real projects with 1-2 companies. These projects provide students with collaborative and intercultural work experience on a case provided by a company. Students work in groups of 5-6, perform in-depth analyses, and make recommendations.
Eligibility Criteria for MBA in France for Indian Students
The eligibility criteria for pursuing an MBA in France are mentioned below.
- A first-class 3-4-year bachelor’s degree/1-2-year master’s degree in any field.
- Candidates should have a GRE/GMAT scorecard, depending on the university.
- Candidates should be proficient in the English language and must hold any of the language proficiency test certificates:
- TOEFL iBT: A minimum score of 100-110 out of 120
- IELTS: A minimum band score of 7.0-8.0 out of 9.0
- PTE: A minimum score of 70-75 out of 90
- Duolingo: A minimum score of 130-135 out of 160
Required Documents for MBA in France
A general list of the documents required for getting admission into an MBA course in France is as follows:
- Previous academic documents at the undergraduate level/master’s level (degree certificate, passing certificates, mark sheets, etc.)
- MBA Entrance Exam: GMAT/GRE Scorecard (if applicable)
- English Language Proficiency Test Scorecard (TOEFL/IELTS/PTE/Duolingo/Cambridge etc.)
- 1 CV or Resume
- 1 Statement of Purpose
- 2-3 Letters of Recommendation
- Certificate for Extracurricular Activities (if any)
- Work Experience Letter (2-3 years of professional experience is required)
- Application Fees (depending on the institute)
- Passport
Application Process for MBA in France
Candidates can apply for the MBA program by following these steps.
- Different French institutes offering MBA courses accept applications on their online portal.
- Candidates are required to create their account, upload documents and pay the application fees.
- After the application process is completed, the admission team evaluates the candidate.
- Eligible applicants will receive the interview invites, which are conducted online by a team of MBA alumni and faculty of the specific university.
- The final result is usually declared within 3-10 weeks.
MBA in France without GMAT/GRE Score
Some of the French universities that do not require students to submit their GMAT/GRE are listed below
- ESCP Business School
- ESSEC Business School
- Grenoble Ecole de Management
- Audencia Business School
- IESEG School of Management
Jobs in France After an MBA Program
As soon as students commence their MBA program in France, the university career development team becomes active to help them decide on their career path. They do so by organising workshops, training, panel discussions, and group and one-on-one counselling sessions. Following are some of the top MBA jobs and their average salary in France.
| Job Roles | Average Salary (Per Year) |
|---|---|
| Business Analyst | EUR 40,000-51,000 (INR 37 Lakh-47 Lakh) |
| Strategy Consultant | EUR 47,000-60,000 (INR 43 Lakh-55 Lakh) |
| Business Operations Manager | EUR 42,000-60,000 (INR 39 Lakh-55 Lakh) |
| HR Manager | EUR 47,000-65,000 (INR 43 Lakh-60 Lakh) |
| Venture Capital Analyst | EUR 41,000-46,000 (INR 37 Lakh-42 Lakh) |
| Investment Banking Associate | EUR 76,000-100,000 (INR 70 Lakh-92 Lakh) |
| Product Manager | EUR 48,000-60,000 (INR 44 Lakh-55 Lakh) |
MiM vs MBA: Which is Best For You?
Choosing between MBA and MiM depends on several factors such as personal preferences, financial status, career goals, etc.
| Criteria | MBA | MiM |
|---|---|---|
| Focus | Business Strategy & Leadership | Management Skills |
| Work Experience | 3-5 years | No work experience required in most cases |
| Curriculum | Exposure to finer details of business management | General understanding of various business functions |
| Career | Career progression to senior roles since initial years | Starting from entry-level management positions |
Conclusion
Pursuing an MBA program in France presents an exciting opportunity to understand international business and management scenarios while acquiring valuable life skills. Along with this, students get access to internship opportunities in France in companies such as Deloitte, Amazon, Accenture and Ernst & Young etc. Renowned for its top-tier educational institutions, France offers an outstanding learning environment to grow academically and professionally.
FAQs
Is France suitable for Indian students?
France is a world-renowned country that provides quality education in the business and management sector. Top institutes like ESSEC, ESCP, INSEAD, etc., offer MBA programs that not only provide specialisation in the business field but also cater to the needs of students to become well-rounded professionals.
Is a French MBA degree valid in India?
An MBA degree earned in France is valid in India because both countries acknowledge the educational credentials of each other’s students since there is an agreement between India and France to develop the scientific, technological and university cooperations held by these two countries.
Can I get a scholarship for an MBA in France?
Apart from government scholarships like Charpak scholarship, Eiffel scholarship, etc., various institutes like HEC Paris, INSEED, ESCP, etc., also provide university-level scholarships on both merit and financial basis to waive tuition fees and help students to afford their additional expenses.
What is the salary after an MBA in France?
According to Glassdoor, the average salary after an MBA in France is around EUR 55,000-69,000 or INR 51 Lakh-64 Lakh per year, depending on the salary, experience, location, employer, etc.
What are the most popular MBA specialisations in France?
Some of the most popular MBA specialisations in France are international MBA, finance, marketing, entrepreneurship, AI, and data science for business.
If you are an aspirant looking to study at your dream university, book an appointment with AdmitX today and start your applications early to avail yourself of all the benefits.
