Financing

1. BANK LOANS

The Institute has bank loans granted to students at preferential rates negotiated with its banking partners; BNP-Parisbas, LCL, Crédit Mutuel, and Société Générale. These loans are repayable over the 3 or 4 years following the end of the program.

2. TEMP WORK

The Conseil Europe Service Department at our Institute provides several offers of temp work - jobs that fit in with your study timetables.

3. TRAINING COURSES and Missions

Gratuities received during training courses or on in-company placements are received by students depending on the skills and experience of the candidates, and particularly graduates.

4. COSTS BORNE

In addition, the salaries and studies costs borne may be allocated to the continuing training budget: Fongécif (the Individual Training Leave Management Fund), Regions and Departements Grants and Allowances, the ANPE (French National Employment Agency), ASSEDIC (the French Unemployment Insurance Agency), CNASEA (National Centre for the Development of Agricultural Holdings Structures) and the CMPA.

Every year, under the framework of agreements with the ECMU and Geneva CMI, the European professional studies solidarity fund awards IEMI students honorary grants in agreement with international corporates.

THE DIF (INDIVIDUAL TRAINING ENTITLEMENT)

This is a credit of 20 training hours per year which can accumulated over 6 years up to a limit of 120 hours. The training takes place during working hours unless other arrangements have been made, and the cost is borne by the employer subject to certain terms. Training hours completed outside working hours are paid for by the employer to the sum of 50 % of the net reference remuneration. During the working hours, the salary is maintained subject to the usual conditions. The employer can assign training costs to its contribution to the continuous training development.

THe CIF (INDIVIDUAL TRAINING LEAVE)

This enables one year of full-time training to be completed, or 1,200 part-time hours, and enables you to return to your position or an equivalent position upon completion. The financing body covers 80 % to 90 % of the salary (and up to 100 % if this is less than two times the level of the SMIC (index-linked guaranteed minimum wage). It can also partly or fully reimburse training, transport and accommodation costs, in accordance with the rules it has determined. The employer may (or may not) decide to finance the remuneration and the remaining costs.