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Master in Finance (MIF)

Program cost

Application Fee

Application fee: €100
Click here to see if you are exempted

Tuition Fees

Valid for 2024 intake for France and Singapore campuses.


 

Living Cost

In France: Montly approximate covering housing, food, etc. 

In Singapore: Montly approximate covering housing, food, etc.

€1,000 

SGD 2,500 

Financing your program

Students can access one or more of the following options to finance their studies or cover their living expenses

Scholarships

ESSEC Academic Excellence/Diversity Scholarships

Description: To sustain the academic excellence of the program and enhance the education and experience of our students, ESSEC Business School offers the Academic Excellence scholarship to outstanding candidates and the Diversity Scholarship to students with varied cultural perspectives and backgrounds.

Eligibility: Open to all applicants and awarded on the basis of the overall quality of their application i.e. academic excellence demonstrated in the file: outstanding Management test scores, strong motivation, etc.;
Diversity Scholarship - Demonstrate academic excellence and bring diversity in terms of citizenship, prior education or background.

Amount: Can cover up to 50% of total tuition fees.

Procedure: Scholarship decisions are made during the application procedure. There is no additional application to fill out or request to make. Selected students will be notified upon being offered a place on the program. 

Ardian Singapore Track Scholarship

Description: Since 2012, ESSEC has a special partnership with ARDIAN FOUNDATION which grants 5 to 6 fellowships for exceptional international candidates.

Eligibility: Open to all international applicants of the Singapore Track and awarded on the basis of the overall quality of their application i.e. academic excellence demonstrated in the file.

Amount: Can cover up to 30% of total tuition fees.

Procedure: Scholarship decisions are made during the application procedure. There is no additional application to fill out or request to make. Selected students will be notified upon being offered a place on the programme. 

LIFE Lebanon Scholarship

Description: A platform to channel the influence of Lebanese finance executives worldwide in order to establish stronger bonds, nurture the next generation and promote Lebanon. 

Eligibility: Candidate must be Lebanese or of Lebanese descent, achieve and maintain academic excellence, demonstrate interest in pursuing a career in Finance and must be in financial need.

Amount: Up to 12 000 USD per year for the duration of the academic program.

Procedure: ESSEC submits applications for LIFE scholarships on your behalf.

EIFFEL

Description: The French Ministry of Foreign Affairs funds EIFFEL scholarship.

Eligibility: Reserved for non-French candidates, double nationality included, no older than 30 years old at the time the selection committee will meet (around mid-March).

Amount: A monthly allowance of €1,181 and covered costs of one international return journey and social security cover.

Procedure: ESSEC submits applications for EIFFEL scholarships on your behalf. Your application should be completed and submitted therefore in the first round of applications.

CIMB ASEAN Scholarship

Description: The CIMB ASEAN Scholarship is a highly selective, full scholarship for exceptional students from ASEAN countries in which CIMB has a presence.

Eligibility: An ASEAN citizen, 27 years old and below in possession of an offer to pursue a degree or Master's programme from a top tier university in the world, ASEAN region or respective home country.

Amount: The CIMB ASEAN Scholarship is a full scholarship award covering all academic fees, including registration, examination and tuition fees, as well as living allowance. Other miscellaneous expenses related to airfare, visa/travel documents will also be subsidised.

Procedure: Please refer to CIMB ASEAN Scholarship (https://www.cimb.com/en/careers/students/cimb-asean-scholarship.html) for details.

Lee Kuan Yew Scholarship

Description: The Lee Kuan Yew (LKY) Scholarship is the premier postgraduate scholarship in Singapore. Set up in 1991, the scholarship marks Singapore's continuous effort to recognize outstanding individuals with the aptitude and inclination to contribute to Singapore and its society.

Eligibility: Candidates holding Singaporean citizenship will undergo a comprehensive evaluation on their leadership potential and accomplishments in their respective fields. Candidates should also demonstrate the potential to thrive in their professions, ultimately contributing to Singapore and its advancement.

Amount: Scholarship recipients will receive full tuition fees coverage and an annual allowance of S$50,000 for up to 2 years if they are pursuing a Master’s degree.

Procedure: Candidates can apply via the Public Service Commission Portal (Singpass login required). All applications will need to be supported by referee reports and submitted online by 10 March 2024.

BOURSE CROUS 

If you are a CROUS scholarship holder enrolled in the Master in Finance program, you are entitled to a discount on your tuition for the current year depending on the level of your CROUS scholarship. Please note that €2,000 of enrolment and academic contributions fee/service fee is not included.

Student Loans

France

As an ESSEC student, you can take out a preferential-rate bank loan, which covers full tuition and is repaid starting at the end of your first year of work.

ESSEC has developed a partnership with major French bank branches located in Cergy (LCL, BNP Paribas and Société Générale) to give you special terms and conditions. 

Loan applicants are required to have a guarantor living in France. According to the banks, the guarantor must earn enough to cover the monthly loan payments and be a French citizen, a close family member and/or both. Additional fees and expenses will be the responsibility of the student.

Prodigy Finance

International Students from 150 different nationalities admitted to the Master in Finance may now apply to Prodigy Finance loans. Contrary to the banks in France, Prodigy does not require a collateral or co-signer. These loans are granted on the student's future earning potential and does not take into account credit history.  Students may apply online on the Prodigy website. There is no hidden fee or early repayment fee. Interest rates may vary depending on individual profiles. Funds are directly disbursed to the school in euro (€) so no exchange rates are borne by the student. Disbursement starts from September and loan application processing time may go up to a month and a half. The sooner you apply, the better. We advise you to read carefully the Prodigy website to check your eligibility before applying. 

 

US Federal & Private Loans

Many US citizens or permanent residents opt to take out the US Federal Stafford and private Sallie Mae loans. These loans can cover up to the full cost of attendance and all applicants having a co-signer in the US are eligible for these loan programmes. ESSEC is listed as “ESSEC Business School", and has a code number of G30959.

More information on Sallie MAE Student Loans 

More information on US Federal loans 

Student jobs

ESSEC employs its’ students in a wide variety of functions which can help towards everyday living costs. These are part time short-term contracts in for example assisting teachers, carrying out market research, helping out at conferences and events, contributing to social media, etc

Events

Find out more

Download the brochure

Get in touch with our students

Eliza, Federica, Aleksandra, Michel Henry, Marie, Jacques, Lilong (Laura), Jingyi and Aamey Hasit, current students, will be more than happy to answer your questions.
Contact them

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