MBA in France

The Master of Business Administration (MBA) programme in France typically lasts between one and two years and can be completed in as little as ten months. MBA aspirants from all over the world have started to focus more of their attention on France due to the country's thriving economy, which offers a wide variety of opportunities, and its English-language classes. MBA programmes in France are designed to provide students with a world-class education that is both accessible and cheap. These programmes focus on developing students' knowledge and skills in areas such as finance, human resources, marketing, strategy, and operations management.

To be eligible for admission to an MBA programme in France, international applicants need to have at least three years of work experience and a GMAT score that is competitive. During the months of March through July, applications to the best colleges in France that offer MBA programmes can be submitted online. The tuition for the programme at France's most prestigious business schools ranged from approximately 12,500 to 89,000 euros per year.

Following the successful completion of your Master of Business Administration degree in France, you can anticipate working with industry powerhouses both domestically and internationally. Accor, PwC, Deloitte, EY, L'Oreal, Oracle, and HSBC are just a few of the well-known companies that serve as employers and recruiters. MBA programmes in France can provide graduates with an average pay package of 70,000 Euros, which is equivalent to an annual salary of 60 LPA for an Indian student investing up to 79 LPA.

Blogs Include:
1) Why study MBA in France?
2) Types of MBA in France
3) Top Universities in France
4) MBA Specializations in France
5) Admission Process
6) Admission Deadlines
7) IELTS Requirements
8) Admission Requirements
9) GMAT Requirements
10) MBA in France without GMAT
11) Work Experience Requirements
12) Documents Required
13) Cost of Studying
14) Tuition Fees
15) Cost of Living
16) Scholarships
17) Job Prospects

Why study MBA in France?

The Financial Times ranks the MBA programmes at three French business schools—INSEAD, HEC Paris, and EMLYON—among the top 100 in the world. France is home to all three of these schools.

MBA graduates in France earn the highest salaries, with an average salary of 98,000 euros after completing their degree.

Some of the largest companies in the world are headquartered in France, including those in the following sectors: the aerospace sector is represented by European Aeronautic Defense and Space Company (EADS), the luxury sector is represented by LVMH and Kering, the tourism sector is represented by Accor, the automotive sector is represented by Renault-Nissan, PSA, and Michelin, and the retail sector is represented by Carrefour.

Over 2200 businesses call France their home, including the likes of Oracle, IBM, Schneider Electric, Samsung, Huawei, Airbus, L'Oreal, and Orange, amongst others.

Some MBA programmes in France can be completed in as little as ten months, which is significantly less than the typical two years of study required in the United States and Canada.

According to the Financial Times' MBA rankings for 2021, the following French universities offer the highest salary increases to MBA graduates: 

HEC Parish- 118%

Essess Business School- 63%

INSEAD- 96%

EDHEC- 57%

Emlyon Business School- 69%

Types of MBA in France:

The vast majority of Master of Business Administration (MBA) programmes in France are structured as full-time study programmes that may be finished in about a year's time if they are completed in residence. There is a possibility that some programmes will be accessible on a part-time basis.

As a result of COVID-19, online or distance learning MBA programmes in France have also developed as relatively convenient possibilities, particularly for applicants coming from outside of France. The following are examples of institutions that currently provide online MBA programmes:

• HEC Paris
• IAE Aix Marseille Graduate School of Management
• EMLyon Business School
• ESCEM School of Business and Management
• SKEMA Business School

In addition, a number of the most prestigious business schools in France offer a programme known as the Executive MBA in France. This programme is intended for candidates who already have a significant amount of experience working at a high level and is typically designed to be completed in addition to the candidate's current employment and professional responsibilities.

Top Universities:

A peer-to-peer education can be obtained by earning an MBA from one of France's top business schools. Students have the opportunity to attend world-renowned educational institutions in Europe for tuition rates that are among the lowest found anywhere in the world. The following are some of the most prestigious business schools in France:

MBA programmes offered by French colleges provide students interested in business with training in a variety of business-related disciplines, including marketing, strategy, finances, human resources, and operations management.

MBA Specializations in France:

There is a diverse selection of concentrations available to students in MBA programmes that are offered in France. The curriculum of the specialized course covers both the principles of general management as well as the elements of a particular field, such as marketing, finance, accounting, and human resource management, amongst others. Determine your academic and professional goals, then choose a speciality that aligns with those goals.

MBA students who choose to specialize in human resources management learn about a variety of topics related to the management of organizations. A Master of Business Administration (MBA) in Human Resources will cover topics such as business analysis, employment recruitment, and organizational development.

An MBA in Financial Management teaches students how to become proficient accountants by providing them with the knowledge necessary to expand their existing skill set. Students develop the skills necessary to assume leadership positions in a variety of fields, including the public sector, private enterprises, and the healthcare industry.

This curriculum prepares students for a growing firm that involves promoting, selling, and producing products to various consumer markets. Students will earn a Master of Business Administration (MBA) in Marketing Management. This programme gives students the opportunity to take a variety of classes on topics such as branding, promotions, product management, marketing strategies, and consumer psychology.

MBA in Digital Marketing - As a result of the proliferation of information and communication technology (ICT) and digital technology, digital marketing has developed into a highly significant component of the corporate sector. There are new chances to be had in a variety of fields, including digital media, online branding, and electronic commerce.

MBA in Information Technology An MBA in IT trains future managers for the information technology sector of the corporate world. IT managers are employed by technology companies so that IT projects may be managed.

An MBA in Business Analytics provides students with the skills necessary to enhance and analyze the activities and operations of firms in order to increase output while simultaneously lowering expenses. Their primary responsibilities include collecting and analyzing market data.

MBA in Healthcare Management: Healthcare managers are responsible for ensuring that the healthcare system functions well, and they have the training and education necessary to do so. An incredible amount of growth is being seen in this sector throughout France.

Admissions Process:

Candidates from other countries who are interested in pursuing a Master of Business Administration degree in France are responsible for ensuring that they already possess the relevant skills and experience. In France, almost all educational institutions accept MBA applications submitted online.

Complete the application form that may be found on the individual websites and make sure to follow any additional instructions that the university may have given you. After completing the application form, check to see that it is accompanied by all of the necessary supporting papers before submitting the application. A non-refundable application fee can be needed for you as well.

Admission Deadlines:

The following table provides information regarding the application dates for obtaining into MBA admission 2021 in France's top colleges:

IELTS Requirements:

The majority of French business schools present their courses in an international language besides French. As a result, candidates from outside the United States are obliged to provide the results of their English proficiency tests. The following is a list of the minimum grade point averages required for admission:

Admission Requirements:

The following is a list of the most important documents that are required for the application process to study for an MBA in France:

• Valid passport.
• Fill out the application form, and include images that are passport size.
• Financial paperwork.
• Statement of Purpose.
• Loan papers.
• Recommendation letters.
• Resume.
• Original and official transcripts from the school(s) attended and/or college(s) attended.
• If applicable, please submit an essay for the scholarship.
• Additional substantiating materials in response to the university's request.

GMAT Requirements:

One of the unique prerequisites for pursuing a Master of Business Administration degree anywhere in the world is to have a GMAT. A score on the Graduate Management Admission Test (GMAT) or the Graduate Record Examination (GRE) is required to be considered for admission to an MBA programme.

However, several French business schools do not require the GMAT as part of the application process. If you have a great result, however, you may increase your chances of being accepted to a top school.

MBA in France without GMAT:

There are various business schools in France that offer MBA programmes that do not need students to have taken the GMAT. Many colleges and universities in the United States urge applicants to take the GMAT. Instead, aspects of your application such as your grade point average, interview performance, essays, letters of recommendation, statement of purpose, and job experience, among other things, are taken into consideration when making a final decision on your acceptance. The following is a list of some universities in France where you can get an MBA without having to take the GMAT:

Work experience requirements:

Applicants attending MBA programmes in France are expected to have substantial prior professional experience. The following table presents the minimal amount of work experience required by the college as well as the average amount of work experience held by students currently enrolled there:

MBA in France without Work Experience:

Candidates for an MBA at a French school of management are given preference if they have prior professional experience. If the candidate does not have the necessary amount of work experience, the school expects them to have gained the necessary knowledge of business practices through participation in an internship, a part-time employment, or volunteer work. Candidates who have never held a paid position before are required to have a robust profile that contains the following elements:

• Exceptional academic grades.

• Participation in activities beyond those required by the school.

• Excellent letters of recommendation.

• internship or experience gained through part-time work.

MBA programmes at HEC Paris and INSEAD, both regarded as the best business schools in France, are open to students who have no previous professional experience.

Documents required:

The requirements for admission to business schools will be different for each candidate taking into consideration their background and experience. An undergraduate Bachelor's degree or its equivalent, scores on the Graduate Management Admission Test (GMAT), and a strong record of relevant job experience are often required for admission to a French business school.

Transcripts: In order to be considered for admission to a university in France, international students are required to upload scanned copies of all official transcripts using the online application portal provided by the university.

Recommendation Letters: It is strongly suggested that you receive a professional recommendation from a supervisor or management to whom you report in your current or previous position. The vast majority of colleges and institutions call for a minimum of two recommendation letters.

Interviews: The MBA application process includes a requirement for interviews to be completed. These interviews may be conducted in an official capacity by the admissions committee, or they may be conducted informally by alumni.

Statement of Purpose: The Statement of Purpose (SOP) gives admissions officers for MBA programmes a greater idea of who you are, what you intend to accomplish, and why you should be accepted into the programme.

To demonstrate their level of language proficiency, international students and those whose first language is not English may be required to provide either their TOEFL or IELTS scores. You are able to study in France even if you do not possess an IELTS certificate; however, the prerequisites for doing so will differ from university to university.

Work Experience: The majority of MBA programmes will only accept applicants who can demonstrate that they have at least three years of full-time work experience under their belt.

Cost of Studying:

The French government places a cap on and partially subsidizes the cost of tuition at higher education institutions in France. On the other hand, this does not typically apply to business schools because they are frequently operated as for-profit businesses.

Pre-arrival costs:

The following table provides information regarding the one-time primary expenses that will be incurred by an international student who intends to study in France.

Tuition fees:

A typical institution will charge a student approximately 20,000 EUR for the expense of a one-year MBA programme. However, the government provides funding for a great number of scholarships. The applicants' GMAT scores are taken into consideration when various scholarships are awarded by the universities. Scholarships amounting to forty percent of the total costs are made available by universities.

Cost of living:

Getting an education in a foreign country comes with significant financial commitment. One of the most significant of these is the expense that is associated with remaining in the nation of choice. The following table provides a quick discussion of the costs associated with obtaining an education in France:

Scholarships:

In France, more than 70 percent of students are awarded some type of scholarship or financing for their education. Scholarships to study in France are offered by the French Ministries of Europe and Foreign Affairs, as well as the Ministries of Higher Education, Research, and Innovation, to international students who are interested in pursuing a master's degree in France. These scholarships are offered in partnership with Campus France.

University-specific scholarships:

Scholarships for Master of Business Administration (MBA) programmes are available to qualified applicants at a number of the best universities in France. Eligibility requirements include both academic merit and financial need. A selection of the available university-specific scholarships is presented in the following table:

Job prospects:

The vast majority of MBA programmes in France have an international focus, which means that you can work toward a global position while still having a good chance of thriving in France. You will have access to considerable alumni networks in France as well as in other countries across the world, regardless of what your career goals are.

MBA graduates have the opportunity to find employment with some of the top banks and organizations in the world, including AXA, Amazon, Société Générale, McKinsey & Company, and BNP Paribas. The following is a discussion of the compensation packages that leading recruiters provide to MBA graduates:

France is one of the countries that is recording a high return on investment for MBA graduates, and it is home to a business school that is among the best in the world. The following is a tabulation of the wage packages for those who have received employment after receiving their education from these top b-schools:

Following the completion of their MBA studies in France, eighty to ninety percent of graduates from the finest schools in the country find instant employment, with starting salaries ranging from eighty thousand to one hundred twenty thousand euros. A person's profile will increase, and they will have an advantage over other professionals in the business world if they graduate from a prestigious business school like HEC Paris or INSEAD.

Following is an overview of some of the most desirable employment roles that may be obtained after receiving an MBA degree, as well as the compensation packages that are offered:

INSEAD estimates that around 40 percent of its alumni are employed in France, giving good opportunities for all MBA graduates. The country is home to 35 of the world's 500 largest corporations that are part of the Global Fortune 500.

In addition to its achievements in the field of economics, France is often regarded as a leader in the field of higher education, both inside the EU and internationally. MBA applicants from other countries are increasingly looking to study in France as a result of the country's increasing prominence in international rankings for business schools such as INSEAD and HEC.