France is popular for its world-class education system, particularly in the field of finance. The country is home to many top-ranked universities offering Master’s in Finance programs that attract students from all over the world. In this blog, we will explore the top Masters in Finance schools in France, covering eligibility criteria, admission process, job salaries after MBA, program duration, tuition fees, average salary post-graduation, and GMAT requirements.
Why France For a Masters in Finance?
France is a great place to study for a Master’s in Finance for a few key reasons:
Top Universities: France has some of the top Masters in Finance schools in France like HEC Paris and ESSEC Business School.
Good Job Opportunities: France has a strong economy and offers well-paying jobs in finance.
Language Benefits: Studying in France can help you learn French, which is useful for international careers.
Exciting Student Life: France has a vibrant culture and diverse experiences for students to enjoy.
Eligibility Criteria
To be eligible for a top Masters in Finance schools in France, you typically need to meet the following criteria:
- A Bachelor’s degree in Finance, Business, or a relevant field
- Consistently good grades throughout your undergraduate studies
- Test scores from GMAT, GRE, or TAGE MAGE
- Proof of English language proficiency (for English-taught programs)
- Valid passport
- Degree Certificate(s) or Current Enrollment Certificate
- Official Academic Transcripts
- Résumé (CV)
- Two Completed Online Reference Forms
Admission Process
The admission process for top Masters in Finance schools in France typically involves the following steps:
- Application Submission: Submit your application, including all required documents, to the chosen university.
- Test Scores: Provide test scores from GMAT, GRE, or TAGE MAGE.
- Interviews: Some universities may require interviews as part of the selection process.
- Admission Decision: The university reviews your application and makes an admission decision.
Top Masters in Finance Schools in France
France is home to several world-renowned universities offering prestigious Master’s in Finance programs. Here are some of the top Masters in Finance schools in France:
HEC Paris:
HEC Paris is consistently ranked among the top 10 globally for its Finance courses. The program is highly competitive, with a strong focus on academic excellence and professional development.
ESSEC Business School:
ESSEC Business School offers a Master’s in Finance program that is highly regarded for its academic rigor and industry connections.
EDHEC Business School:
EDHEC Business School is known for its strong research focus and industry partnerships, making it an attractive option for students seeking a career in finance.
Skema Business School:
Skema Business School offers a Master’s in Finance program that is highly international, with a diverse student body and faculty.
Grenoble Ecole de Management:
Grenoble Ecole de Management is a well-established business school with a strong focus on finance and a diverse range of programs.
Job Salaries After MBA
France is home to a thriving finance industry, offering rewarding career opportunities with attractive salary packages. Here are some average annual salaries for MBA graduates in France:
- Marketing Manager: EUR 46,787 (42.33 lakhs INR)
- Finance Manager: EUR 68,216 (61.72 lakhs INR)
- Business Development Manager: EUR 50,708 (45.88 lakhs INR)
- Product Manager: EUR 74,186 (67.13 lakhs INR)
- Supply Chain Manager: EUR 44,990 (40.71 lakhs INR)
- Management Consultant: EUR 45,009 (40.72 lakhs INR)
- Human Resources Manager: EUR 47,648 (43.11 lakhs INR)
- Data Analyst: EUR 40,525 (36.67 lakhs INR)
- Investment Banker: EUR 50,000 (45.24 lakhs INR)
- Digital Marketing Manager: EUR 44,624 (40.38 lakhs INR)
Program Duration and Tuition Fees
The duration of Master’s in Finance programs in France typically ranges from 12 to 24 months, depending on the program format (full-time or part-time). Tuition fees for these programs vary, but here are some approximate costs:
- HEC Paris: EUR 71,790 (64.44 lakhs INR) for the full-time program
- ESSEC Business School: EUR 63,000 (57 lakhs INR) for the full-time program
- EDHEC Business School: EUR 55,500 (50.14 lakhs INR) for the full-time program
- Skema Business School: EUR 55,000 (49.55 lakhs INR) for the full-time program
- Grenoble Ecole de Management: EUR 65,000 (58.81 lakhs INR) for the full-time program
Average Salary Post-Graduation
The average salary for Master’s in Finance graduates in France is significantly higher than the national average. Here are some approximate average salaries for MBA graduates in France:
- HEC Paris: EUR 100,000 (90.49 lakhs INR)
- ESSEC Business School: EUR 90,000 (81.44 lakhs INR)
- EDHEC Business School: EUR 63,000 (57 lakhs INR)
- Skema Business School: EUR 50,000 (45.24 lakhs INR)
- Grenoble Ecole de Management: EUR 65,000 (58.81 lakhs INR)
GMAT Requirements
GMAT scores are typically required for admission to top Masters in Finance schools in France. Here are the average GMAT scores for the top schools:
- HEC Paris: 690
- ESSEC Business School: 680
- EDHEC Business School: 660
- Skema Business School: 650
- Grenoble Ecole de Management: 640
Conclusion
France offers a unique combination of academic excellence, professional development, and career opportunities that make it an attractive destination for students seeking a Master’s in Finance. The top Masters in Finance schools in France offer a range of programs, from full-time to part-time, and cater to diverse student needs. With a strong focus on finance and industry connections, these programs provide students with the skills and knowledge necessary to succeed in the finance industry.