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Exchange Program: Toulouse Business School

Toulouse, France

Founded in 1903 by the Toulouse Chamber of Commerce and Industry, the initial mission of Toulouse Business School was to respond to the need in the local community for highly trained business leaders and personnel.

Originally housed in a 15th century monastery located in the city center of Toulouse, the school began as one of France’s prestigious Grandes Ecoles and was known as École Supérieure de Commerce de Toulouse (ESC Toulouse). ESC Toulouse offered a single graduate degree to a highly select group of students. The school later pursued a vigorous policy of program development and diversification, and renamed itself Toulouse Business School (TBS) to reflect its broader mandate.

Today, TBS is one of France’s leading integrated management schools, with a primary mission of preparing students for managerial responsibilities through the development of their analytical, integrative, and interpersonal skills while promoting a lifelong learning process. The international scope and academic tradition at TBS continues to evolve in exciting directions, with partnerships around the world and new degree programs taught on campuses in Barcelona and Casablanca.

The City

Toulouse, “la ville rose”, the 4th largest city in France is located in the southwest, close to the Pyrenees, the Mediterranean and the Atlantic Ocean. The city is quite large and modern with much shopping, many restaurants and constant activities. The city excels in high-tech sectors like aeronautics, space, electronics and biotechnologies. Toulouse also boasts the highest number of students outside Paris, 3 universities, 14 graduate schools, 15,500 researches and 400 laboratories. The city’s atmosphere and cultural attitude is very Provincial French. It is the favorite city of many French natives. The Pyrenees region is popular in the summer, with hikers, bikers, and horseback riders enjoying the beautiful weather and trails. Toulouse is a very “livable” and safe city in general.

Term Dates

Fall: early-September to late December
Spring: early January to early June

Courses Available

Students can join the Master 1 year (M1) or Master 2 year (M2). Courses are taught in French or English. Visit the TBS Exchanges and Dual Degrees website for more information on courses.


Students here typically speak English and French. Many residents in Toulouse also speak English. Opportunity to take French language classes at the school or in the city.

Grade Conversion

French GradeECTS GradeDescriptionUF AssignmentGrad Business
0-9FXFailD, EU
14-15BVery GoodA-S

French Grading Scale is from 0 to 20.

Credit Conversion

Refer to ECTS credit conversions.

Minimum Credit Requirements

Students can take all or part of the courses offered depending on their home university requirements.

Estimated Costs

Approximately 1125€* (~$1520) per month for housing, food, transportation, books etc.
*Based on 2013 estimates.




School helps students find an apartment within the city; arrangements can frequently be made to share with other TBS students. Housing is plentiful and there are many options. Typically, MIBs get a furnished studio apartment 5 minutes (walking) from the school.

Travel Opportunities

Located on the Garonne River in Southern France, near the Pyrenees and the Spanish border and between the Mediterranean and the Atlantic Ocean, Toulouse offers something for everyone. Toulouse-Blagnac International Airport is five miles northwest of the city center, with flights daily to Paris and almost-daily flights to many other cities in France and Europe. Travel by bus and train to other major cities, like Paris and Barcelona or to the French Riviera, Spain and the Mediterranean is plentiful.