Cost Consideration


Tuition Fees & Mobility Grants

The UCLouvain Tuition Fee depends on your status. UCLouvain differenciates between Belgian/EU Studtends and Non-EU Students.

Standard tuition fee

 853€/year --> 1670€ for the 2-year CEMS MIM Master

You can find more information about UCLouvain tuition fee here. To know how to reduce the cost of studying at UCLouvain, please click here.

LSM does not charge specific additional tuition fee for the CEMS MIM. You only need to pay the UCLouvain tuition fee.

As part of your CEMS program, you will have to fulfill an internship and one (or two) terms abroad. No additional tuition will be asked for your term abroad. You only pay the UCLouvain tuition fee, not the host university's. Mobility grants are availble t oevery student. They are intended to co-fund the additional costs of your mobility ; they will not cover the entire costs of your exchange program. Monthly rates range from 200€ to 550€ depending on the country of your mobility.

McKinsey Study Allowance

A generous Mckinsey Study Allowance of 5.000€ to cover the extra cost of the CEMS program from Annual Block 1, Term 2 (e.g. travels, housing abroad, seminars..), will be offered to 1 CEMS first year student who benefits  from a scholarship from the French Community of Belgium or UCLouvain (“étudiant boursier”).
To apply, please send an mail to the CEMS LSM Programme Manager ( as soon as you get the positive response of Fédération Wallonie-Bruxelles and by end of December at the latest. The CEMS LSM Office will come back to you with more details.

Student Registration and Handling Fee

The CEMS Global Office charges each selected student with a non-refundable fee of 100€. The fee is used to fund central services provided by the CEMS Association. CEMS Students will receive further instructions about the modality of payment from the CEMS Global Office. More information available here.


LSM charges CEMS local and incoming students for the Block Seminar (300€) and the RGL Seminar (100€), both CEMS mandatory activities.

LSM CEMS Club Belgium Fee

The CEMS Club charges a 30€ participation fee for each term spent at LSM. This fee helps the CEMS Club organize group activities throughout the semester such as dinners, conferences, day trips, etc.

The CEMS Club will communicate practical details at the beginning of the year. Don't hesitate to visit their website or Facebook Page in the meantime.

Living costs

Here you can find information about living costs in Louvain-la-Neuve.