Tuition & Fees

Business Track

The exact cost per year for the 2027-2028 academic year is provided below:

For French students + European residents and/or EU nationals

• Year 1: €11,800
• Year 2: €10,050
• Year 3: €5,800
• Year 4 France: €14,500
• Senior Year – 4^th year (USA partner): See below. Students pay their tuition fees directly to the partner university only for the 4th year.
• Senior Year – 4^th and 5^th years (Canadian partner) Approximately €21,000 total

For international students (excluding European residents or EU nationals)

• Year 1: €25,030
• Year 2: €19,930
• Year 3: €11,260
• Year 4 France: €19,360
• Senior Year – 4^th year (USA partner): See below. Students pay their tuition fees directly to the partner university only for the 4th year.
• Senior Year – 4^th and 5^th years (Canadian partner) Approximately €21,000 total

Spend 16 months studying at Université Laval to obtain an MBA after graduation at CEFAM

The tuition fees appear in the study contract sent to each student before each registration and/or re-registration. They can be revised during the course from one year to the next.

International Relations Track

For French students + European residents and/or EU nationals

• Year 1: €11,140
• Year 2: €14,550
• Year 3 at Siena (US): $48,400*

*the scholarship awarded by Siena University ranges between $16,000 and $24,000

For international students (excluding European residents or EU nationals)

• Year 1: €19,720
• Year 2: €24,430
• Year 3 at Siena (US): $48,400*

*the scholarship awarded by Siena University ranges between $16,000 and $24,000

Scholarships and Financing at CEFAM

Scholarship Award Policy and Terms of Application
Academic Year 2027-2028

Eligible Students

The Merit Scholarship policy applies exclusively to students subject to International Tuition rates.

Students benefiting from Home Tuition (nationals and/or residents of the European Union, the European Economic Area, and/or Switzerland) are not eligible.

No specific scholarship application is required. Every international application is automatically reviewed by the Scholarship Committee.

Awarding of Merit Scholarships

Every international candidate is automatically evaluated during the admissions process.

The Scholarship Committee awards a scholarship covering between 30% and 60% of first-semester tuition fees.

No scholarship is awarded automatically.

Composition of the Scholarship Committee

Decisions are made collegially.

The Scholarship Committee is composed of:

• Entrance Exam Office / Admissions
• Faculty Director
• Director of Studies
• Dean

The Committee may, if necessary, consult other members of the academic staff.

Indicative Award Scale

The final decision always rests with the Scholarship Committee.

For guidance purposes:

30% (automatic minimum for the 1st semester)
Candidate demonstrating:

• a good academic level
• demonstrated motivation
• potential for success

40%
Candidate with:

• a strong academic record
• a coherent project/plan
• very good personal involvement

50%
Excellent application.
International profile.
Demonstrated leadership.
Very strong motivation.
Excellent interview.

60%
Exceptional application.
Academic excellence.
Outstanding leadership.

This scale remains indicative. The Scholarship Committee retains an overall, holistic assessment of each application.

8. Renewal of Merit Scholarships

Merit Scholarships are automatically reassessed at the end of each semester.

Renewal depends exclusively on the student’s cumulative GPA.

The scholarship amount is automatically applied to tuition fees for the following semester.

Several solutions exist to help you finance your education at CEFAM:

• Adapting your schedule and course load to be able to work part-time
• Partnerships with banks for loans at preferential rates and many other advantages
• Personalized financing plans available with installments
• Honor scholarships awarded each year
• Erasmus grants for European internships
• Student jobs

Scholarships and Financing for the United States

Merit scholarships are awarded to CEFAM students based on their academic results when they transfer to select partner universities, ranging from $2,500 to $33,000

Partner BBA Universities – Tuition & Scholarships 2026–2027

(Next year’s tuition fees are not yet available)
Academic requirement: minimum GPA of 2.5 to go to the USA in the final year

1. Northeastern University

• Duration: 3 mandatory semesters
• Tuition: $101,985
• Scholarships: None

2. Temple University

• Duration: 2 semesters
• Tuition: $45,456
• Scholarships:
  • GPA 3.33 – 3.64: $2,500
  • GPA 3.64 – 4.00: $5,000

3. Pace University

• Duration: 2 semesters
• Tuition: $52,924
• Scholarships:
  • GPA 2.50: $16,500
  • GPA 2.51 – 4.00: $20,500

4. Siena University

• Duration: 2 semesters
• Tuition: $48,900
• Scholarships:
  • GPA 2.50 – 2.99: $16,000
  • GPA 3.00 – 3.49: $20,000
  • GPA 3.50 – 4.00: $24,000

5. Rider University

• Duration: 2 semesters
• Tuition: $41,700
• Scholarships:
  • GPA 2.50 – 2.74: $11,000
  • GPA 2.75 – 2.99: $13,000
  • GPA 3.00 – 3.49: $16,000
  • GPA 3.50 – 4.00: $19,000

6. Menlo College

• Duration: 2 semesters
• Tuition: $55,340
• Scholarships:
  • GPA 2.50 – 4.00 (all students eligible): $33,204

7. University of New Brunswick (UNB) – MBA Program

• Tuition: CAN $31,860 (approx. €21,000)