Is an MFin from Europe worth it if the fees and living cost go above 40 lakhs?

Question

I have 1.5 years of work experience in a Big 4 (audit + valuation work), and I’m planning to apply for MFin programs in Europe for Fall 2025. Most of the schools I’m targeting — like ESCP, EDHEC, and Bocconi — have tuition fees around ₹20–25 lakhs, and the living cost adds another ₹10–12 lakhs easily. That pushes the total budget to 40+ lakhs.
I want to work in roles like corporate finance or investment analysis in Europe after the degree. Would it be possible to get those jobs and recover the cost, or do most people end up coming back to India?

Supriya J · Accepted Answer

Yes, an MFin from Europe can be worth the ₹40+ lakh investment &mdash; but only if the degree leads to a job in Europe. With 1.5 years of Big 4 audit and valuation experience, the profile is competitive, especially for schools like Bocconi, ESCP, and EDHEC.
Grads who land roles in corporate finance or investment analysis in London or Paris typically start at &euro;50,000&ndash;&euro;60,000, with higher ranges in the UK. That&rsquo;s enough to recover costs in under 3 years. But this path isn&rsquo;t automatic &mdash; most schools don&rsquo;t guarantee placements, and jobs depend heavily on language skills, networking, and visa flexibility.
Now to the second part &mdash; yes, a good chunk of students do return to India. It usually happens when they don&rsquo;t land a role within 4&ndash;6 months post-graduation or face language barriers in countries like France or Italy. Those who return often join Big 4s or banks in India at ₹15&ndash;20 LPA, which makes the ROI slower &mdash; but still recoverable in the long run.

B.K Sharma · Answer

A lot of people assume &ldquo;cheap&rdquo; means average outcomes &mdash; but a few finance programs in Europe actually balance low tuition with strong career support.

Mannheim Business School in Germany costs about &euro;16,000&ndash;&euro;18,000 and has a strong record of placing grads in roles at KPMG, Commerzbank, and Allianz.
University of St. Gallen in Switzerland charges under CHF 6,000 per year for tuition, and grads frequently land jobs at UBS, Credit Suisse, and Zurich Insurance. Salaries are higher too &mdash; CHF 85,000+ starting.
Toulouse School of Management in France has tuition under &euro;10,000 and builds solid careers in corporate finance and audit, especially with firms like Capgemini and Mazars.
Nova SBE in Portugal offers a finance master for around &euro;14,000, and its grads get into firms like BNP Paribas, Deloitte, and Euronext.

Low fees only matter if the outcomes match &mdash; and these schools deliver in terms of both hiring and international mobility.