Affordable Business Schools in France

Affordable Business Schools in France
Affordable Business Schools in France

Most Indian students develop strong fear for fulfilling the dream of achieving French business degree. The simple question that bothers them is ‘it will cost me a lot’. This common anxiety stops them from exploring academic opportunities in institutions like HEC Paris or INSEAD.

Many Indian aspirants have a misconception that programs like MBA or MiM in France will easily cost up to 70 lakhs. Thereby, halting their aspirations even before initiating the procedure. In fact, France has many afordable business schools. Indian students can pursue business programs with genuine accreditation at par in these elite institutions.

Furthermore, most of these schools offer IELTS waivers, appropriately substituted by MOI or inexpensive Duolingo scores. Most of the schools are nestled in smaller or rural areas, thereby reducing living expenses significantly.

Thorough research and comprehensive exploration of the below-mentioned schools can help you find a school that offers business degree within the budget of 03 – 12 lakhs annually, including scholarships for further financial ease.

Not sure which business school suits your budget, Contact AOEC India France Education consultants in Hyderabad today and get shortlist.

Table of Contents
Affordability is not Equal to ‘Low Quality’ Scroll here ↓ 10 Best Affordable Business Schools in France Scroll here ↓ Cost-Cutting Tips Scroll here ↓ IELTS Waiver & Visa Outcome Scroll here ↓ Frequently Asked Questions Scroll here ↓

Affordability is not Equal to ‘Low Quality’

Public IAE Institutions

The Instituts d’Adminstration des Enterprises of France accommodate public institutions. Generally, the postgraduate programs annual tuition fees do not go beyond €270, at par with state rate.

Grandes Ècoles

Even the business schools nestled in smaller and rural areas are affiliated with prestigious Conférence des Grandes Ècoles. Indian students opting for tier-two cities business school in France are assured of quality education with global accreditations such as, AMBA, AACSB and EQUIS.

Robust ROI Potential

The starting salaries of graduates from moderate business school hovers in the range of €40,000-€55,000 annually, thereby covering the academic cost within no time, as France allows two-year APS visa and strong industrial presence. The full cost picture lives in cost of studying in France for Indian students: INR-converted tuition + living + visa.

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10 Best Affordable Business Schools in France

SchoolFlagship CourseTuition FeesEnglish Test WaiverCity & Living Cost
IAE Paris-SorbonneMiM/ master’s in finance€4,200IELTS – 6.5 or MOI LetterParis – €1,000 P.M
IAE AIX-MarseilleMBA/MSc€3,800MOI or 105 in DuolingoAIX-EnProvence €650 P.M
IAE GrenobleMiM€270MOI or internal interviewGrenoble €600 P.M
IAE Lyon – Jean MoulinMSc in Management€270MOI & Virtual InterviewLyon €700 P.M
Burgundy SB (BSB)MiM/MSc€12,000MOI & Video interviewDijon €550 P.M
Montpellier BSGrande e Ècole MiM€10,500MOI or Duolingo 105Montpellier €600 P.M
Rennes S SBGlobal MiM€12,25070% or more in 12th standard or MOIRennes €550 P.M
KEDGE – BSMiM€13,500Interview for IELTS exemptionBordeaux/Marseille €650 P.M
Audencia BSGrand e Ècole€15,250Virtual test or MOINantes €600 P.M
TBS EducationMiM€13,000Internal test & MOIToulouse €650 P.M

IAE Aix-Marseille Graduate School of Management

The first French public institution to get recognition of AMBA. The one-year MBA program comes for cost of €3,800, furthermore the apprenticeship will help in minimizing second semester fees. Duolingo score of 110 and MOI letter waives off IELTS.

IAE Grenoble Graduate School of Management

A French public management institution with meagre annual tuition fees of €2,770. It is also a part Universitè Grenoble Alpes. The programs mandate six months internship with remuneration of €1200-€1500 every month. For English language proficiency, MOI letter and brief interview bypasses IELTS. Additionally, students are entitled to discounted Ski passes.

IAE Lyon, Jean Moulin University

Another French public university that charges nominal tuition fees of €2,770 per annum. It offers programs in different languages; MOI letters and virtual interview suffices the need of IELTS. Moreover, Lyon is known for food and budget-friendly living.

IAE Paris-Sorbonne Business School

Indian students can learn flexibly with evening classes at this institution. Most students go for internship during daytime; the tuition fees don’t cross the threshold of €4,200 per year. Although the living expenses are exorbitant in Paris, strong network opportunities make it worth.

Montpellier Business School (MBS)

The MiM program can cost up to €10,500 per year, however, the programs are duly accredited by AACSB and EQUIS. Duolingo score of 105 or MOI letter substitutes for IELTS. Sunny weather, living expenses as low as €600 per month makes it an ideal option for Indian students.

KEDGE Business School

With scenic campus location, it offers dual degree Shanghai track for €13,500 per year. The school arrange online interview to assess English language skills, substituting IELTS. Indian students with strong academic credentials in undergraduate receive substantial scholarship discount on tuition fees.

Burgundy School of Business (BSB)

Nestled in the beautiful city of Dijon, it offers MiM program with integration of arts and cultural management for €12,000 per year. Students get paid consultancy mission during course pursuance. MOI letter and virtual interview suffice for IELTS requirements. it is one of the affordable business schools in France.

Rennes School of Business

With tuition fees of €12,250 per year, the global MiM program mandates at least one semester abroad. The IELTS can be substituted by 70% or higher score in CBSE/ISC or MOI letter along with Duolingo score of 110. Affordable Brittany rooms come for €350 per month on the campus.

Audencia Business School

This Grandes Ècoles institution offers sustainability-driven Gaia programs for tuition fees of €15,250 each year. Internal English language test and MOI is enough to satisfy English language proficiency. It is based at Nantes, One of most affordable cities in France.

TBS Education (Toulouse Business School)

The campus is situated near to Airbus manufacturing unit, it offers MiM programs for tuition fees costing €13,000 every year. School’s internal English language assessment test exempts students from IELTS. Toulouse is renowned for its iconic nightlife and Mediterranean climate. Yet another affordable Business School in France.

Cost-Cutting Tips

Our France consultants in Hyderabad help students stack school waivers with national scholarships to bring tuition under €10,000/year. Stack the right awards using our scholarships to study in France guide — Charpak alone covers €860/month.

Early Bird Discounts

Many business schools in France such as, Rennes business school, MBS and BSB offers tuition fee reduction of €1000-€2000, provided Indian students confirms the admission by early March.

Eiffel Excellence Scholarship

Exclusively offered to Indian students, it offers €1,181 per month to eligible students. Indian students must apply before the deadline to avoid rejection.

Part-time Jobs

As Indian students are entitled to work for 20 hours per week with wage of €11.65 per hour, helping them to cover living expenses to larger extent.

Housing Subsidy (CAF)

Indian students can avail a reimbursement of 20-30% of rent into their bank accounts after registering with CAF housing subsidy.

IELTS Waiver & Visa Outcome

If IELTS is the blocker, see all five routes to study in France without IELTS.

Campus France accepts IELTS waivers, if it is mentioned explicitly in the admission letter. Mention about MOI letter, Duolingo scores or interview outcomes precisely, preferably in two languages for hassle-free visa processing at VFS.

Indian students are advised to follow the given below tips to secure hassle-free and faster admission in French business schools –

  1. Arrange MOI as quickly as possible, as notarization may require time.
  2. Select at least three IAE institutions and three private schools according to your financial position.
  3. Craft Statement of Purpose, emphasizing your need for affordable school
  4. Take the Duolingo test if needed, the scores are available within 02 days.

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Frequently Asked Questions

Are cheapest Business Schools good and are they acceptable by Indian Employers

Yes! Most of these schools are duly accredited with AMBA, AACSB and EQUIS. These accreditations are accepted all over the world, additionally European experience is an added advantage.

Most of primary jobs in France have English as communicative language. But, gaining at least B2 level proficiency in French language helps in managing superior roles in future.

Most of the IAE public institutions do not insist on submitting GMAT, however private Grande Ècoles may require you to submit strong academic record substituting GMAT.

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