Economics in France
France is renowned for its robust and dynamic economy, making it an attractive destination for students pursuing economics. Economics in France offers a unique blend of theoretical knowledge and practical application, with a strong emphasis on understanding global market dynamics and European economic policies. The country’s prestigious universities and business schools provide high-quality education, fostering analytical and critical thinking skills essential for future economists. Students benefit from exposure to a diverse cultural environment and access to extensive research opportunities, positioning them well for successful careers in economics.
The study of economics in France is further enriched by the nation’s strategic position within the European Union, providing insights into international trade, finance, and economic integration. The curriculum is designed to cover a wide range of topics, including macroeconomics, microeconomics, and econometrics, ensuring a comprehensive understanding of the field. Additionally, the practical experience gained through internships and industry partnerships enhances employability and prepares students for various roles in academia, government, and the private sector. Economics in France is not only an academic pursuit but also a gateway to understanding and shaping the future of global economies.
Why to Study Economics in France?
- World-Class Education:
France is home to some of the most prestigious universities and business schools globally, offering top-tier programs in economics.  Â
- Strategic Location:
Studying economics in France provides insights into the European Union’s economic structure, benefiting from the country’s strategic position within Europe.  Â
- Rich Cultural Experience:
Students experience a rich blend of cultures, enhancing their global perspective and understanding of diverse economic systems.  Â
- Research Opportunities:
France offers extensive research facilities and opportunities, particularly in economic theories and applied economics, fostering academic growth.  Â
- Expert Faculty:
Economics programs in France are taught by renowned professors and industry experts, ensuring high-quality education and mentorship.  Â
- Comprehensive Curriculum:
The curriculum covers a broad range of topics including macroeconomics, microeconomics, econometrics, and international economics.  Â
- Internships and Industry Connections:
Strong industry ties and internship opportunities provide practical experience and enhance employability in various economic sectors.  Â
- Multilingual Environment:
Many programs are available in English, alongside French, promoting bilingual proficiency and better career prospects globally. Â
- Innovative Learning Methods:
Emphasis on innovative teaching methods, including case studies, simulations, and interactive learning, ensures a practical understanding of economic concepts.  Â
- Career Opportunities:
 Graduates with a degree in economics in France are highly sought after in academia, government, and private sectors, both locally and internationally.
Studying economics in France offers a blend of high-quality education, cultural enrichment, and practical experience, making it an ideal destination for aspiring economists.
Top Universities to Study Economics in FranceÂ
University | QS World University Rankings 2023 | Type of University | Average Annual Fees | Programs Offered |
Paris School of Economics | 25 | Public | €0 – €5,000 | Bachelor’s, Master’s, Ph.D. in Economics |
HEC Paris | 10 | Private | €24,000 | Master’s in Economics, MBA, Executive Education |
Sciences Po Paris | 61 | Public | €14,000 | Bachelor’s, Master’s in Economics, Dual Degrees |
Université Paris-Saclay | 69 | Public | €170 – €380 | Bachelor’s, Master’s, Ph.D. in Economics |
Université PSL | 26 | Public | €170 – €380 | Bachelor’s, Master’s, Ph.D. in Economics |
France boasts some of the top universities for studying economics, offering a variety of programs that cater to different academic and professional goals. The Paris School of Economics, HEC Paris, Sciences Po Paris, Université Paris-Saclay, and Université PSL are among the best institutions providing excellent education in economics in France. These universities are highly ranked in the QS World University Rankings 2023 and offer a mix of public and private education. The average annual fees vary, with public universities generally being more affordable. Programs offered include Bachelor’s, Master’s, and Ph.D. degrees, covering a comprehensive range of economic disciplines. Studying economics in France at these esteemed institutions provides students with a robust education, practical experience, and numerous career opportunities in the global economic landscape.
Course Curriculum for Economics in FranceÂ
- Introduction to Economics:
Basic principles of microeconomics and macroeconomics, including supply and demand, market structures, and economic policies.
- Mathematics and Statistics for Economists:
Essential mathematical concepts and statistical methods used in economic analysis and research.
- Microeconomic Theory:
In-depth study of consumer behavior, production theory, market equilibrium, and game theory.
- Macroeconomic Theory:
Analysis of national income, monetary policies, fiscal policies, inflation, and unemployment.
- Econometrics:
Techniques for empirical analysis of economic data, including regression models and hypothesis testing.
- International Economics:
Examination of global trade, international finance, exchange rates, and economic integration.
- Public Economics:
Study of government policies, taxation, public goods, and welfare economics.
- Development Economics:
Issues related to economic development, poverty, inequality, and policies for sustainable growth.
- Financial Economics:
Understanding of financial markets, investment theories, corporate finance, and risk management.
- Applied Economics:
 Practical applications of economic theories to real-world issues, policy analysis, and case studies.
The course curriculum of economics in France is designed to provide a comprehensive understanding of both theoretical and applied economics. The programs cover a wide range of subjects, ensuring students gain a strong foundation in key economic principles and analytical skills. Studying economics in France offers students exposure to diverse economic topics and equips them with the tools necessary for successful careers in academia, industry, and government.
Eligibility Criteria & Admission Requirements for MS in Economics in FranceÂ
- Academic Qualifications:
Bachelor’s degree in Economics or a related field for Master’s programs.
High school diploma or equivalent for undergraduate programs.
Strong academic record with relevant coursework.
- Language Proficiency:
Proof of proficiency in English (if the program is in English) or French (if the program is in French).
- Standardized Test Scores:
Depending on the university and program, applicants might need to provide scores from standardized tests such as IELTS, TOEFL, GRE, or GMAT.
Test | Minimum Score |
IELTS | 6.5 |
TOEFL | 90 (internet-based) |
GRE | 300 (combined verbal and quantitative) |
GMAT | 600 |
- Passport and Student Visa:
Valid passport.
Student visa for non-EU/EEA students.
- Academic Certificates:
Official transcripts from previous educational institutions.
Degree certificates.
- Work Experience:
Relevant work experience may be required for certain programs, especially at the Master’s level.
Internships and professional experience can strengthen the application.
- Letters of Recommendation:
Typically, two to three letters of recommendation from professors or professional supervisors.
- Statement of Purpose:
A well-written statement outlining the applicant’s motivation, career goals, and reasons for choosing the specific program and institution.
The eligibility criteria for studying economics in France include a combination of academic qualifications, language proficiency, standardized test scores, and other documentation. Meeting these criteria ensures that applicants are well-prepared for the rigorous academic environment and the diverse opportunities available in the field of economics in France.
Documents Required for Studying Economics in FranceÂ
- Passport:
A valid passport with sufficient validity to cover the duration of the study program.
- Letters of Recommendation (LOR):
Typically two letters of recommendation from academic or professional references who can attest to your qualifications and potential.
- Statement of Purpose (SOP):
A detailed statement outlining your motivation for studying economics in France, career goals, and reasons for choosing the specific program and institution.
- Curriculum Vitae (CV):
A comprehensive CV highlighting your educational background, work experience, skills, and achievements relevant to the field of economics.
- Official High School Transcripts:
Certified copies of your high school transcripts for undergraduate applicants.
For Master’s programs, provide transcripts from your undergraduate studies.
- Certificates:
Relevant academic certificates, including degrees and diplomas.
- Work Experience Certificate:
Proof of relevant work experience, if required by the program, including internships and professional experience.
- Proof of Financial Resources:
Documentation demonstrating sufficient funds to cover tuition fees and living expenses for the duration of your studies in France.
The required documents for studying economics in France include a valid passport, letters of recommendation, a statement of purpose, and a comprehensive CV. Additionally, applicants must provide official high school transcripts, academic certificates, work experience certificates, and proof of financial resources. These documents ensure that applicants meet the qualifications and are prepared for the academic and financial demands of studying economics in France.
Admission Process for Economics in FranceÂ
- Research Programs and Universities:
Identify universities in France offering economics programs that align with your academic and career goals.
Review admission requirements, program details, and application deadlines.
- Prepare Required Documents:
Gather all necessary documents such as passport, academic transcripts, certificates, letters of recommendation, statement of purpose, CV, and proof of financial resources.
- Take Standardized Tests:
If required, register and take standardized tests like IELTS or TOEFL for English proficiency and GRE or GMAT for certain programs.
- Complete Online Application:
Fill out the online application form on the university’s official website.
Upload all required documents as per the instructions.
- Pay Application Fees:
Pay the non-refundable application fee, if applicable.
- Submit Application:
Review the completed application and submit it before the deadline.
- Attend Interviews:
Some universities may require an interview as part of the admission process. Prepare and attend the interview, if invited.
- Receive Admission Decision:
Wait for the admission decision. Universities typically notify applicants via email or through the application portal.
- Confirm Enrollment:
Upon receiving an offer of admission, confirm your enrollment by following the university’s instructions and paying any necessary deposits.
- Apply for Student Visa:
 For non-EU/EEA students, apply for a student visa by submitting the admission letter and other required documents to the French consulate or embassy.
The admission process for economics in France involves researching programs, preparing required documents, taking standardized tests, and completing the online application. Once submitted, you may need to attend interviews and await the admission decision. Upon acceptance, confirm your enrollment and apply for a student visa if necessary. This structured approach ensures a smooth and successful admission to study economics in France.
“Education is the most powerful weapon which you can use to change the world.”
Nelson Mandela
Cost of Economics Course in FranceÂ
- Tuition Fees:
Public Universities: €170 – €380 per year for undergraduate programs; €250 – €450 per year for Master’s programs.
Private Universities: €3,000 – €30,000 per year, depending on the institution and program.
- Registration Fees:
Additional administrative or registration fees may apply, typically ranging from €100 to €300.
- Living Expenses:
Monthly Expenses: Approximately €800 – €1,200, including accommodation, food, transportation, and personal expenses.
Accommodation: €200 – €700 per month, varying by location and type (university dormitories, private rentals, shared apartments).
- Health Insurance:
Mandatory for non-EU/EEA students: Approximately €200 – €400 per year for comprehensive coverage.
- Books and Study Materials:
Estimated at €200 – €400 per year, depending on the program requirements.
- Transportation:
Monthly public transportation pass: €30 – €75, depending on the city.
- Miscellaneous Expenses:
Include leisure activities, clothing, and other personal expenses, estimated at €100 – €300 per month.
The cost of studying economics in France varies depending on the type of university and lifestyle choices. Public universities offer affordable tuition fees, while private institutions may be more expensive. Living expenses, health insurance, and study materials should also be considered when budgeting. Despite these costs, studying economics in France provides excellent value through high-quality education and cultural experience.
Scholarships for Economics Courses in FranceÂ
Scholarship Name | Amount | Application Deadline |
French Government Scholarships | Varies | January – March |
Eiffel Excellence Scholarships | Full tuition + stipend | November |
Erasmus+ Scholarships | Varies | February |
Campus France Scholarships | Varies | May |
Charpak Scholarship Program | Up to €7,000 | April |
Scholarships for studying economics in France provide financial assistance to international and domestic students. The French Government Scholarships offer various amounts and have application deadlines typically from January to March. The prestigious Eiffel Excellence Scholarships cover full tuition fees and provide a monthly stipend, with applications due in November. Erasmus+ Scholarships vary in amount and support mobility within Europe, with a deadline in February. Campus France Scholarships are available in May, offering varying financial support. The Charpak Scholarship Program provides up to €7,000 and has an application deadline in April. These scholarships are competitive and aimed at supporting students pursuing economics degrees in France, covering tuition fees, living expenses, and other related costs. Applying for these scholarships enhances affordability and accessibility to quality education in the vibrant academic environment of France.
Career Opportunities After Economics in FranceÂ
Job Profile | Average Salary |
Economist | €35,000 – €60,000 per year |
Financial Analyst | €40,000 – €70,000 per year |
Data Analyst | €35,000 – €55,000 per year |
Policy Analyst | €35,000 – €60,000 per year |
Investment Banker | €50,000 – €100,000+ per year |
Graduates in economics from France have diverse career opportunities across various sectors. Economists analyze economic data and trends, earning between €35,000 to €60,000 annually. Financial analysts assess financial data to guide investment decisions, with salaries ranging from €40,000 to €70,000 per year. Data analysts interpret complex data sets, earning between €35,000 to €55,000 annually. Policy analysts evaluate policies’ economic impact, earning €35,000 to €60,000 per year. Investment bankers manage financial transactions, earning €50,000 to over €100,000 annually, depending on experience and performance. These roles highlight the versatile skills gained from studying economics in France, offering competitive salaries and opportunities for professional growth. Graduates can pursue rewarding careers in finance, government, consulting, and beyond, leveraging their analytical skills and economic expertise in the global job market.
Frequently Asked Questions About Economics in FranceÂ
Language requirements vary by university and program. Some may require proficiency in French or English, validated through tests like IELTS or TOEFL for English and DALF or DELF for French.
Yes, there are several scholarships available, such as the French Government Scholarships, Eiffel Excellence Scholarships, and Erasmus+ Scholarships. Deadlines and eligibility criteria vary, so applicants should check specific requirements.
Undergraduate programs usually last for three years, while Master’s programs typically range from one to two years. PhD programs can extend to three to four years.
Tuition fees vary by university and program. Public universities generally have lower fees (€170 – €380 per year), while private institutions may range from €3,000 to €30,000 per year.
Graduates can pursue careers as economists, financial analysts, data analysts, policy analysts, and investment bankers. Salaries vary but are competitive, reflecting the demand for economic expertise in various sectors.
Work experience is not always required but can strengthen an application, especially for Master’s programs. Some universities may consider relevant internships or professional experience positively.
Admission competitiveness varies by university and program. Generally, top-tier universities have more competitive admissions criteria, including academic performance, standardized test scores, and personal statements.
Yes, international students can work part-time (up to 20 hours per week) during their studies, provided they have a student visa and permission from their institution.
Living expenses vary by location but generally range from €800 to €1,200 per month. This includes accommodation, food, transportation, and personal expenses.
 International students must apply for a student visa through the French consulate or embassy in their home country. They will need an admission letter from a French university, proof of financial resources, and health insurance coverage.