FT Rank #45

Master in Management (Grande École)

TBS Education
Toulouse, France
Fees
€32,000
Duration
2 years
Employment
99%
Language
English, French

TBS Education’s Master in Management placed 45th worldwide in the Financial Times Masters in Management 2024 — up from a longer history in the FT table and a 37th-place showing in 2023.³ ⁴ It is the Grande École degree of a triple-accredited Toulouse business school founded in 1903, taught over two years on either an English or a French track.¹ ⁵

Overview

TBS Education — long known as Toulouse Business School — was founded in 1903 by the Toulouse Chamber of Commerce and Industry, and is today one of the minority of French schools to hold all three international accreditations: AACSB, EQUIS and AMBA.⁵ Its flagship pre-experience programme is the Master in Management (Grande École), a two-year degree delivered across the school’s Toulouse, Paris and Barcelona campuses with a September intake.¹

The programme is unusually structured around mobility: every student completes a double degree with one of TBS’s 160-plus partner universities, and at least nine months of internships are built into the two years.¹ For an international applicant, that makes it a degree as much about getting abroad and into work as about classroom management theory.

Curriculum & Structure

The Grande École curriculum pairs a broad management core with the compulsory double degree, which lets students specialise — and often spend a year abroad — at a partner institution.¹ The internship requirement (nine months minimum) is among the more demanding in the European MiM field and is a large part of why the school’s placement figures are strong.

TBS runs the degree on two parallel tracks: an English track on the Toulouse and Barcelona campuses, and a French track on the Toulouse and Paris campuses, so the programme can be taken entirely in English.²

Class Profile

TBS does not publish a detailed Master in Management class profile (cohort size, average age, international share), so we don’t quote those figures rather than estimate them. What the school does state is the shape of the experience: an international, multi-campus cohort, a compulsory double degree, and an English-track option that makes the programme accessible to applicants who don’t speak French.¹ ²

Application & Deadlines

Admission is rolling rather than round-based: TBS issues a decision within roughly 15 days of the interview, for a September start.² Candidates must hold — or be completing — a non-French accredited bachelor’s degree (180 ECTS) and be 28 or under.² A GMAT of at least 500 (or GRE 303 / CAT 67) is recommended, not required, for the English track, alongside an English score such as IELTS 6.5 or TOEFL 94; the French track recommends the TAGE MAGE instead.² A 10% early-bird discount on first-year tuition applies to candidates enrolled by 20 February 2026; exact next-cycle application cut-offs are not published as fixed dates, so confirm the current timeline on the school’s admissions page.

Tuition & Funding

Tuition is €32,000 for the full two-year programme, plus a €100 application fee; a €4,200 instalment secures the place on admission and the balance can be paid in one sum or six instalments from October.² TBS publishes a clear ladder of merit scholarships — Distinction (25%), Merit (30%) and Excellence (35%) — plus partner-university and alumni discounts and the early-bird reduction.² For a triple-accredited, FT-ranked degree that bundles a double degree and nine months of internships, the all-in two-year fee sits below many of the better-known Parisian Grande Écoles.

Career Outcomes

TBS reports that 99% of Master in Management graduates are employed within six months of finishing.¹ The figure is consistent with a programme whose design — a compulsory double degree plus at least nine months of internships — front-loads real work experience before graduation. TBS does not publish a single headline graduate salary for the cohort, so we don’t quote one; confirm current salary and destination data on the school’s own page. Notable TBS alumni include Virginie Calmels (former CEO of Endemol and Canal+) and Nicolas Todt (the motorsport executive who founded ART Grand Prix).⁵

Reputation

A 1903 founding, the full triple-crown accreditation, and a steady place in the FT Masters in Management table put TBS firmly among France’s established business schools — a tier below the HEC/ESSEC/ESCP “parisienne” trio on the headline rankings, but with a distinctive, mobility-heavy degree and a lower all-in fee. Toulouse itself — France’s aerospace capital and a large student city — is a genuine part of the draw. For the wider case for the degree, see our pieces on whether a MiM is worth it in 2026, MiM versus MBA, and the career outcomes of a MiM in France. You can also compare TBS with other French and European options on the MiM in France hub and across the full rankings.

Frequently asked questions

How much does the TBS Education Master in Management cost?
Tuition is €32,000 for the entire two-year programme, plus a €100 application fee. A €4,200 instalment is due on admission to secure the place, and the remaining balance can be paid in one sum or in six instalments from October. TBS offers merit scholarships of 25–35%, partner-university and alumni discounts, and a 10% early-bird discount on first-year tuition for candidates enrolled by 20 February 2026.
How long is the TBS Master in Management and is it taught in English?
It is a two-year, full-time programme with a September intake. TBS runs an English track (Toulouse and Barcelona) and a French track (Toulouse and Paris), so it can be studied entirely in English. Every student completes a double degree with one of TBS's partner universities and at least nine months of internships.
Where does TBS Education rank for the Master in Management?
TBS Education's Master in Management placed 45th worldwide in the Financial Times Masters in Management 2024 (it was 37th in 2023). TBS is one of the minority of French business schools to hold all three international accreditations — AACSB, EQUIS and AMBA.
When are the TBS Master in Management deadlines?
TBS assesses applications on a rolling basis rather than in fixed rounds, issuing a decision within roughly 15 days of the interview, for a September start. A 10% early-bird discount on first-year tuition applies to candidates enrolled by 20 February 2026. Exact next-cycle application cut-offs are not published as fixed dates, so confirm the current timeline on the school's admissions page.
Do you need a GMAT for the TBS Master in Management?
No — the GMAT is recommended but not mandatory. English-track applicants are advised to hold a GMAT of at least 500, a GRE of 303 or a CAT of 67, plus an English test such as IELTS 6.5 or TOEFL 94; the French track recommends the TAGE MAGE (≥230). Candidates must hold (or be completing) a non-French accredited bachelor's degree of 180 ECTS and be 28 or under.
What careers do TBS Master in Management graduates pursue?
TBS reports that 99% of Master in Management graduates are employed within six months of finishing. The degree is built for employability — every student takes a compulsory double degree and completes at least nine months of internships across the two years, drawing on TBS's network of more than 160 partner universities. TBS does not publish a single headline graduate salary, so we don't quote one.

Sources

  1. TBS Education — Master in Management (Grande École) tbs-education.com ↗ — TBS Education (retrieved Jun 2026)
  2. TBS Education — Master in Management: admissions & fees tbs-education.com ↗ — TBS Education (retrieved Jun 2026)
  3. TBS Education — Rankings tbs-education.com ↗ — TBS Education (retrieved Jun 2026)
  4. Financial Times — Masters in Management 2024 rankings.ft.com ↗ — Financial Times (retrieved Jun 2026)
  5. TBS Education — Wikipedia (founding, campuses, alumni) en.wikipedia.org ↗ — Wikipedia (retrieved Jun 2026)