Overview
Planning to study the ESCP Master in Management (MiM)? Understanding the complete cost of the programme is one of the most important steps before applying. While tuition fees are the largest expense, students should also consider registration charges, accommodation, daily living expenses, travel, and other academic costs.
The ESCP Master in Management is a two-year programme delivered across six European campuses, giving students the opportunity to study in multiple countries while building an international business profile. This guide explains the official tuition fees, additional costs, scholarships, and estimated budget required to complete the programme successfully.
ESCP MiM Tuition Fees
For students entering the Master in Management in September 2026, ESCP has separate tuition fees for European and non-European applicants.
| Fee Component | European Students | Non-European Students |
|---|---|---|
| Annual Tuition Fee | €21,500 | €25,200 |
| Student Service & Registration Costs | €2,800 | €2,800 |
| Total Annual Cost | €24,300 | €28,000 |
The fees include tuition, registration, administrative services, ESCP Alumni lifelong membership, student services, and International SOS mobility assistance. Accommodation, travel, food, health insurance, and personal expenses are not included.
Application Fee
All applicants are required to pay a non-refundable application fee of €180 when submitting their online application.
| Application Fee | Amount |
|---|---|
| Online Application Fee | €180 |
Additional Programme Costs
Depending on your academic background and study choices, some additional charges may apply during your ESCP journey.
| Additional Cost | Amount |
|---|---|
| Remedial Prerequisite Course | €220 per course |
| Additional ESCP Degree | €1,000 per degree |
| Additional Academic Year | €2,000 Student Service Fee |
Students who require prerequisite management courses or choose to earn additional ESCP degrees may incur these extra costs. Students extending beyond the standard programme duration also pay reduced administrative and service fees.
Scholarships & Financial Support
ESCP Business School offers several scholarships and financial aid opportunities for talented students. Scholarship decisions are based on factors such as academic excellence, financial need, diversity, leadership potential, and individual achievements.
- Merit-based scholarships
- Need-based financial assistance
- Diversity scholarships
- Country-specific scholarships
- External funding opportunities
Students are encouraged to apply early, as scholarship availability may decrease during later admission rounds.
Estimated Living Costs
Living expenses vary significantly depending on the campuses selected during the programme. Cities like Paris and London generally have higher living costs, while Madrid, Turin, Berlin, and Warsaw are comparatively more affordable.
| Expense Category | Estimated Monthly Cost |
|---|---|
| Accommodation | €700 – €1,400 |
| Food & Groceries | €250 – €450 |
| Transportation | €60 – €120 |
| Health Insurance | €50 – €100 |
| Personal Expenses | €200 – €350 |
| Total Monthly Estimate | €1,200 – €2,400 |
Students should budget according to their preferred campus, lifestyle, and travel plans throughout the programme.
Total Estimated Cost of Attendance
When tuition fees and living expenses are combined, students should prepare the following approximate budget.
| Cost Component | European Students | Non-European Students |
|---|---|---|
| Annual Programme Cost | €24,300 | €28,000 |
| Estimated Living Expenses (Per Year) | €14,000 – €20,000 | €14,000 – €20,000 |
| Total Estimated Annual Budget | €38,300 – €44,300 | €42,000 – €48,000 |
Is the ESCP MiM Worth the Cost?
For many students, the ESCP Master in Management represents more than just a degree – it is an investment in an international career. The programme offers the opportunity to study across multiple European campuses, gain exposure to different business environments, complete internships, and build a professional network spanning more than 90,000 alumni worldwide.
Graduates benefit from strong employer recognition, international mobility, and access to career opportunities across consulting, finance, technology, marketing, entrepreneurship, and multinational corporations. For students aiming to build a global career, the long-term value often outweighs the initial financial investment.
Financial Planning Tips
- Apply early to maximize scholarship opportunities.
- Create a realistic monthly living budget before choosing your campus.
- Research education loans and country-specific funding options.
- Set aside additional funds for travel between campuses.
- Plan for exchange semesters and internship-related expenses.
Final Verdict
The ESCP Master in Management offers one of Europe’s most internationally focused business education experiences. While tuition and living expenses require careful financial planning, the programme’s global exposure, multi-campus model, strong alumni network, and excellent career opportunities make it a worthwhile investment for ambitious students.
By understanding the full cost of attendance, from tuition fees and student services to living expenses and scholarships, you can plan your finances with confidence and focus on making the most of your ESCP experience.
