Financing your professional training
Financing your professional training
Are you in employment, looking for a job or self-employed?
Whatever your status or current situation, there are various types of grants and financing solutions possible for your intended training course.
These different financing solutions can be used in combination or spread over two budget years.
Our training advisers are on hand to provide guidance and support and help you construct the financing model best suited to your intended course.
Financing your training
CPF, or personal training account
The CPF scheme enables French employees to acquire training entitlements that they can then use throughout their working life.
As of January 1, 2019, the CPF is counted in euros (and no longer in hours): €500/year (capped at €5,000) and €8,000/year (capped at €8,000) for non-qualified employees (holding a diploma at below level 5).
Training can take place:
- During working hours: your employer's consent is mandatory
- Outside working hours: you do not need your employer's consent to enroll in or take a training course
For non-salaried workers (self-employed workers, professionals and members of non-salaried professions, artists, authors or assisting spouses), the CPF account will be credited in 2020 on the basis of your activities in 2018 and 2019. If you have any questions, please contact the relevant Fonds d'Assurance Formation (FAF) (training fund) for your type of profession.
If you have not accrued sufficient CPF hours to take a training course, you can ask your employer or your OPCO (Opérateur de Compétences, the State-certified organization that supports professional training) to allocate additional entitlements to top up your CPF training entitlements.
To find out your training entitlements, i.e. the amount available to finance your training under the CPF scheme, you will need to set up an account on the dedicated website: Mon compte activité.
The training courses must qualify participants for a certificate, be eligible for the CPF scheme and be registered on the RNCP (France's national register of professional certificate courses).
The CPF PTP career transition scheme
(formerly known as the "Congé Individual de Formation", or Individual Training Leave)
The CPF PTP system allows employees to leave their workstation to do training that will teach them new skills with a view to changing their job or profession.
The training courses must qualify participants for a certificate, be eligible for the CPF scheme and be registered on the RNCP ( France's national register of professional certificate courses ).
For further information: The CPF PTP for a career transition
- You may deduct tuition costs and/or current expenses from your income tax (deduct the costs actually incurred for the year the training costs were paid, under "other deductible expenses"). Tax credit for company managers' training
- Employees deduct the training costs
- Companies declaring non-commercial profits deduct the professional training costs
For further information, please contact your tax office.
As a socially responsible organization, emlyon business school offers grants to participants in the General Management Program. There are only a limited number of grants available and the priority is given to participants who are financing all or part of their tuition fees themselves.
For further information, please contact the Training Adviser for the your intended program.
emlyon business school's partner banks offer students loans at preferential interest rates. For further information, please contact your Training Adviser.
Easy terms of payment
Possibility of several monthly direct-debit payments.For further information, please contact your Training Adviser.
The devices available to the employer
Co-build with your business
The skills development plan
The training courses concerned are those that enable employees to:
- adjust to the workstation, or which are required for the employee to either change job or remain in the same job;
- acquire the necessary skills for progressing in their career.
To find out more: Skills development plan; the company may be invoiced over two different calendar years.
Pro-A Job change or promotion through cooperative education
(formerly known as "Professional development period") This scheme is designed to prepare less qualified employees to either change job or remain in their current job.
To find out more: Job change or promotion through cooperative education (Pro-A)