Here is a good link that shows that VAE is available for well respected MBAs Sooner or later, the French universities will start promoting their VAE option for foriegners.. Use google to get the translation for this link.. http://www.vae-grandesecoles.com/accueil.html
Here is the translated link. It also states that it can be done in English as well http://translate.google.com/translate?hl=en&sl=fr&u=http://www.vae-grandesecoles.com/&prev=/search%3Fq%3Dhttp://www.vae-grandesecoles.com/accueil.html%26hl%3Den%26lr%3D%26sa%3DG