Free Resource

Costs &
Financing.

What the CEMS MIM actually costs — and how to fund it. A clear overview of fees, living costs, scholarships and the return on your investment.

Total Cost of Study

What does the CEMS MIM
actually cost?

Programme fees are only one part of the equation. Here is every cost component you need to account for.

Free Resource

Costs &
Financing.

A clear overview of tuition fees across partner schools, cost of living estimates, and financing options including scholarships.

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Programme Tuition
Fees paid to your home school. The exact amount depends on which CEMS partner school you attend.
€0 – €100,000
total
Accommodation
Rent varies widely by city. While Warsaw is on the more affordable end, cities like Singapore can be significantly more expensive.
€500 – €2,500
per month
Living Expenses
Food, groceries, transportation and everyday costs. This varies significantly by city. London is considerably more expensive than Prague.
€500 – €1,500
per month
Exchange Term Living Costs
Budget separately for your exchange term, as your host city may be significantly cheaper or more expensive.
€5,000 – €15,000
per term
Health Insurance & Visa
You may need to arrange health insurance and, depending on your nationality and destination, a student visa.
€300 – €3,000
per year
Funding Your Degree

Scholarships &
financial support.

There are more funding options than most applicants realise. A well-funded CEMS MIM is genuinely achievable — especially for strong candidates.

Merit Scholarships
Most CEMS schools offer merit-based scholarships for outstanding applicants. These can cover anywhere from 25% to 100% of tuition fees. Competition is high but the application process typically runs alongside or just after the standard admissions process.
Need-Based Aid
Some schools offer need-based grants, bursaries or fee waivers. Eligibility varies significantly by school and nationality. Applying early and demonstrating financial need clearly in your application strengthens your case.
Government Grants
Many countries offer government-backed scholarships for postgraduate study abroad. Germany's DAAD and Austria's OeAD are examples.
Corporate Scholarships
Some companies offer dedicated scholarships for graduate students. However, they are highly competitive. The VW Group Master Scholarship is one example of what is available to strong candidates.