How Much Does HEC Paris Cost?

If you’re considering pursuing an MBA or other graduate program in business, HEC Paris should be on your shortlist of schools to research. As one of the most prestigious business schools in Europe, HEC Paris is known for its rigorous academic programs, exceptional faculty, and strong network of alumni.

Of course, one key consideration when choosing a graduate program is the cost. So how much does HEC Paris actually cost? Let’s take a closer look.

Tuition and Fees
As with most graduate programs, the biggest expense you’ll incur at HEC Paris is tuition. For the MBA program (which lasts 16 months), tuition for the September 2021 intake is €82,000 (approximately $97,000 USD). This covers all academic courses and materials, as well as access to career services and other resources.

In addition to tuition, there are a few other fees to keep in mind. For example:

Application Fee: To apply to the MBA program at HEC Paris, you’ll need to pay an application fee of €200 (about $240 USD). Deposit: If you’re admitted to the MBA program and decide to enroll, you’ll need to pay a deposit of €8,000 (around $9,500 USD) within two weeks of receiving your admission offer.

Housing: While not technically a fee paid directly to HEC Paris, housing costs can be significant if you choose to live on or near campus. Expect to pay anywhere from €600-€1,500 per month (roughly $700-$1,800 USD) for a studio or one-bedroom apartment.

Scholarships

If the cost of attending HEC Paris is a concern for you, don’t worry—there are several scholarships available that can help offset some or all of your expenses. Some of the scholarships offered by HEC Paris include:

• Forté Foundation Scholarships: These scholarships are awarded to exceptional women candidates who are admitted to the MBA program. Forté Scholars receive a scholarship of up to €20,000 (about $24,000 USD) and gain access to a network of like-minded women in business.
• HEC Foundation Scholarships: The HEC Foundation offers a variety of scholarships based on merit and financial need. Some scholarships are available exclusively for French citizens or students from certain geographic regions, while others are open to all applicants.
• Company-Sponsored Scholarships: Many companies partner with HEC Paris to offer scholarships to their employees who wish to pursue an MBA or other graduate program. Check with your employer to see if they offer any such programs.

Other Costs

Of course, tuition and fees aren’t the only costs associated with attending a graduate program at HEC Paris. Some additional expenses you may want to budget for include:

• Books and Course Materials: Depending on your program of study, you may need to purchase textbooks or other course materials. Plan on spending several hundred dollars per semester on these items.
• Travel Expenses: If you’re not from France, you’ll need to budget for travel expenses such as airfare and transportation within the country. Keep in mind that if you plan on traveling during school breaks, prices may be higher than usual.
• Living Expenses: As mentioned earlier, housing can be a significant expense if you choose to live near campus. In addition, you’ll need to budget for food, utilities, and other living expenses while you’re studying at HEC Paris.

The Bottom Line

So how much does it cost to attend HEC Paris? The answer depends on several factors, including your program of study, your living arrangements, and whether or not you receive any scholarships or other financial aid. However, as a rough estimate, you should plan on spending at least €90,000-€100,000 (around $106,000-$118,000 USD) for the MBA program.

While this may seem like a significant investment, keep in mind that an MBA from HEC Paris can open doors to some of the most prestigious companies and careers in the business world. For many students, the benefits of attending HEC Paris far outweigh the costs.