IESEG School of Management offers 8 internal scholarships, of which 8 are accessible to Indian applicants in 2026-27.
Scholarships cut tuition by up to 35% for Master’s students and up to 25% for Bachelor applicants. Indian students can stack early-bird and merit waivers within a combined cap.
- Standard Master in International Business (regular track): EUR 21,800 (INR 20.60 Lakhs) total.
- With maximum 30% merit waiver: EUR 15,260 (INR 14.42 Lakhs).
- With 35% combined Early Bird plus Merit cap: EUR 14,170 (INR 13.39 Lakhs).
- Next Master’s Early Bird deadline: tentative March 1, 2027.
Currency Note: All INR conversions use the live rate of 1 EUR = INR 94.50 as of October 2026. Tuition at IESEG School of Management is quoted as a one-time programme total for Master’s, not an annual fee.
Table of Contents
- IESEG School of Management Scholarships for UG Students
- IESEG School of Management Scholarships for PG / Master’s Students
- India-Specific Scholarships at IESEG School of Management
- IESEG School of Management PhD Scholarships
- External Government Scholarships for IESEG School of Management
- IESEG School of Management Scholarships: Frequently Asked Questions
IESEG School of Management Scholarships for UG Students
The Bachelor in International Business (BIB) at IESEG School of Management has four internal scholarship routes. All four are open to Indian applicants and are awarded during the admission commission review.
| Scholarship | Benefit | Eligibility | Deadline |
|---|---|---|---|
| BIB Merit Scholarship | Up to 25% tuition waiver (EUR 3,025 or INR 2.86 Lakhs per year) | Strong academic record at class 12 or equivalent | Automatic during admission review |
| Early Bird Scholarship | 10% tuition waiver (EUR 1,210 or INR 1.14 Lakhs per year) | Confirm admission by Early Bird date | Tentative February 1, 2027 |
| International Baccalaureate Scholarship | 10% tuition waiver (EUR 1,210 or INR 1.14 Lakhs per year) | IB Diploma holders only | Automatic during admission review |
| IESEG Need-Based Grant | Up to EUR 5,000 (INR 4.73 Lakhs) one-time | Household income proof; strong academic file | Rolling; apply within 30 days of admission offer |
The BIB programme costs EUR 12,100 per year (INR 11.43 Lakhs). A 25% merit waiver brings the first-year cost to EUR 9,075 (INR 8.57 Lakhs) before the Early Bird layer.
Indian students with a 92% plus board score or an IB predicted score above 36 land in the top merit tier. The Bachelor route caps combined waivers at the single highest category awarded.
For deeper fee context, see the IESEG School of Management fees page.
IESEG School of Management Scholarships for PG / Master’s Students
Master’s applicants at IESEG School of Management can access six internal awards. The combined cap across stackable awards sits at 35% of tuition.
| Scholarship | Benefit | Eligibility | Deadline |
|---|---|---|---|
| Master Merit Scholarship | Up to 30% tuition waiver (EUR 6,540 or INR 6.18 Lakhs on MIB regular track) | Top academic file; GMAT or GRE strongly weighted | Automatic during admission commission |
| Early Bird Scholarship | 10% tuition waiver (EUR 2,180 or INR 2.06 Lakhs on MIB) | Confirm offer before Master’s Early Bird date | Tentative March 1, 2027 |
| Partner University Scholarship | 10% tuition waiver | Graduate of an IESEG partner institution | Automatic if partner is confirmed |
| Combined Stack Cap | 35% total ceiling (Merit plus Early Bird plus Partner) | Any Indian applicant meeting individual eligibilities | Linked to earliest contributing deadline |
| IESEG Need-Based Scholarship | Up to EUR 5,000 (INR 4.73 Lakhs) one-time grant | Household income documents; dossier required | Rolling; submit to financialsupport@ieseg.fr |
| Loan of Honour | Interest-free loan at 0% APR | Admitted Master’s student; dossier plus interview | Rolling; apply after admission offer |
On the MSc in Artificial Intelligence and Data Analytics, regular track tuition sits at EUR 23,300 (INR 22.02 Lakhs). A 35% stacked cap trims the total to EUR 15,145 (INR 14.31 Lakhs).
The Finance Master’s regular track prices in at EUR 25,800 (INR 24.38 Lakhs). The same 35% cap drops the figure to EUR 16,770 (INR 15.85 Lakhs).
Reddit Insight: Threads on r/MastersAbroad and r/StudyAbroad report most Indian admits land in the 15% to 20% merit band. The 30% top tier is reserved for applicants with a 9.0+ CGPA and GMAT above 680.
Merit, Early Bird, Partner and IB awards are decided automatically during the admission commission review. No separate form is needed for these four.
The IESEG Need-Based grant and the Loan of Honour both need a separate dossier. This dossier includes income proof, a motivation letter and household expense statements.
Submit the dossier to financialsupport@ieseg.fr after you receive an admission offer. See the IESEG School of Management admissions page for document checklists.
India-Specific Scholarships at IESEG School of Management
IESEG School of Management does not publish a dedicated India-only award. Indian applicants access the full stack of four BIB and six Master’s scholarships, plus external funding from Indian trusts and French government bodies.
| Source | Benefit | Eligibility | Deadline |
|---|---|---|---|
| IESEG Internal Stack (Indian applicants) | Up to 25% waiver for BIB; up to 35% for Master’s | Admitted Indian national; standard academic criteria | Linked to intake deadlines |
| JN Tata Endowment Loan Scholarship | INR 1 Lakh to INR 10 Lakhs loan scholarship | Indian national; secured admission to any Master’s or PhD abroad | Tentative March 24, 2027 |
| Inlaks Shivdasani Foundation | Up to USD 100,000 (INR 83 Lakhs) tuition plus living stipend | Indian citizen; under 30; First-class Bachelor; admit at target school | Tentative April 16, 2027 |
| KC Mahindra Scholarship | Up to INR 10 Lakhs interest-free loan scholarship | Indian national; admit to a foreign Master’s | Tentative March 31, 2027 |
| Narotam Sekhsaria Foundation Loan | Up to INR 20 Lakhs interest-free loan | Indian citizen under 30; admit to a foreign Master’s or PhD | Tentative February 15, 2027 |
Indian trusts cover living costs that internal awards at IESEG do not. A workable stacking strategy for a Lille-bound MIB applicant looks like this:
- Secure the IESEG Merit plus Early Bird plus Partner stack up to the 35% cap.
- Add a JN Tata or KC Mahindra interest-free loan for tuition top-up and books.
- Layer a Narotam Sekhsaria loan of up to INR 20 Lakhs for Lille or Paris rent.
Living costs in Lille run roughly EUR 850 a month (INR 80,325). Paris adds EUR 400 to EUR 500 a month on top of that. See the IESEG School of Management overview for campus context.
From 1 July 2026, non-scholarship non-EU international students at IESEG lose eligibility for the APL housing subsidy. Securing an internal IESEG scholarship preserves APL access and saves roughly EUR 180 a month (INR 17,010) on rent support.
IESEG School of Management PhD Scholarships
IESEG School of Management does not fund a dedicated internal PhD scholarship for Indian candidates. Doctoral applicants target three strong external routes.
| Scholarship | Benefit | Eligibility | Deadline |
|---|---|---|---|
| Charpak Doctoral Lab Grant | Monthly stipend of EUR 1,704 (INR 1.61 Lakhs); health insurance; visa fee waiver | Indian PhD scholar; 1 to 6 month research stay in France | Tentative March 31, 2027 |
| Eiffel Excellence Doctoral | EUR 1,400 per month (INR 1.32 Lakhs) for up to 12 months; return air ticket; health insurance | Indian national under 35; nominated by the host school | Nomination tentative January 9, 2027 |
| French CIFRE Industry Contract | EUR 23,484 gross per year (INR 22.19 Lakhs); 3-year industry-linked PhD contract | PhD topic co-funded by a French company; Indian candidate accepted | Rolling; typically processed within 10 weeks |
Nomination for the Eiffel Doctoral grant runs through IESEG directly. Applicants cannot approach Campus France themselves and need the dossier submitted by October 2026 for the January 2027 window.
For the current PhD intake, write to financialsupport@ieseg.fr with your research proposal before applying. See the IESEG School of Management courses page for doctoral specialisations.
External Government Scholarships for IESEG School of Management
Four French and European government scholarships are open to Indian applicants studying at IESEG School of Management in 2026-27. Charpak and Eiffel are the two with the highest Indian uptake.
| Scholarship | Benefit | Eligibility | Deadline |
|---|---|---|---|
| Charpak Master’s Scholarship | Monthly stipend of EUR 860 (INR 81,270); student visa fee waiver; health insurance | Indian national under 30; admitted to a Master’s in France | Tentative March 31, 2027 |
| Eiffel Excellence (Master) | EUR 1,181 per month (INR 1.12 Lakhs) for up to 24 months; return ticket; health cover | Indian national under 25; nominated by IESEG | Nomination tentative January 9, 2027 |
| French Embassy Study in France Programme | Partial tuition cover; one-time grant up to EUR 5,000 (INR 4.73 Lakhs) | Indian national; admit at a Campus France listed school | Tentative April 30, 2027 |
| Hubert Curien Partnership | Travel and short-stay grant (EUR 1,000 to EUR 3,000; INR 94,500 to INR 2.84 Lakhs) | Indian national on a research exchange | Rolling; apply through host supervisor |
Charpak targets Indian Master’s students below age 30 and typically funds a one-year stay. Eiffel is more competitive and needs IESEG to nominate the file, so applicants should flag interest to the admissions team by October 2026.
Reddit Insight: r/Francophones threads report Charpak awards roughly 40 Master’s scholarships yearly across France. IESEG typically sees 2 to 3 Indian Charpak recipients each year, with early admissions-team flagging raising the odds materially.
Mermoz regional scholarships from the Hauts-de-France region exclude non-EU students with under two years in France. Indian first-year admits are therefore not eligible. Erasmus student mobility grants remain EU-only.
Explore More: IESEG Placements | IESEG Ranking
IESEG School of Management Scholarships: Frequently Asked Questions
Ques. What is the maximum scholarship stack an Indian student can get at IESEG School of Management?
Ans. Indian Master’s students can stack Merit, Early Bird and Partner awards up to a combined cap of 35% of tuition. On the MSc in AI and Data Analytics regular track, this takes EUR 23,300 (INR 22.02 Lakhs) down to EUR 15,145 (INR 14.31 Lakhs). The Loan of Honour and the IESEG Need-Based grant sit outside the 35% ceiling and can add further relief for admitted candidates.
Ques. When should I apply to lock in the IESEG Early Bird Scholarship?
Ans. The Early Bird deadline for BIB is tentative February 1, 2027, while for Master’s it falls on March 1, 2027. You must confirm your admission offer and pay the deposit before the Early Bird date to secure the 10% waiver. Indian applicants aiming for the Autumn 2027 intake should target an admission decision by December 2026 to leave a buffer for VFS appointments and visa processing.
Ques. Do I need a separate application for IESEG scholarships?
Ans. Merit, Early Bird, Partner and International Baccalaureate scholarships are decided automatically during the admission commission review. No extra form is needed for these four. The IESEG Need-Based scholarship and the Loan of Honour both require a separate dossier with income proof, a motivation letter and household expense statements, submitted to financialsupport@ieseg.fr after you receive an admission offer.
Ques. What academic profile does IESEG expect for the full 30% Master’s merit waiver?
Ans. The top 30% merit band typically needs a 9.0+ CGPA from a Tier 1 Indian institute like IITs, NITs, BITS, DU, SRCC or St Stephen’s. Applicants also need a GMAT above 680 or a GRE above 325 to clear the top tier. Candidates from Tier 2 colleges can reach the 30% band with a 9.5+ CGPA, strong internship exposure and a GMAT above 700.
Ques. Can I combine the Charpak Scholarship with my IESEG Master’s merit waiver?
Ans. Yes, Charpak is a Campus France award funded by the French Embassy and it stacks on top of the IESEG internal 35% cap. A top profile can end up with 35% off tuition from IESEG plus roughly EUR 860 per month (INR 81,270) in Charpak living stipend. The MIB regular track net cost drops from EUR 21,800 (INR 20.60 Lakhs) to under EUR 5,000 (INR 4.73 Lakhs) after one year of Charpak support.
Ques. Does an IESEG scholarship cover living expenses in Lille or Paris?
Ans. IESEG internal awards only cut tuition and do not include a living stipend. Lille living costs run around EUR 850 a month (INR 80,325) and the Paris campus adds EUR 400 to EUR 500 a month. Indian students pair an IESEG tuition waiver with the Charpak stipend, an Inlaks grant or a Narotam Sekhsaria loan. These layer on top to cover rent, groceries, transport, CVEC and health fees.
Scholarships offered
Axol Science Scholarship
- International Student Eligible: Yes
- Amount: $2,000
- Type: Company-Sponsored
- Level of Study: Bachelor
- Number of Scholarships: N/A
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