Embolo, with 14 caps in total, featured in all of four Switzerland games in the Euro 2016 as his country crashed out of the tournament with a 5-4 loss on penalties to Poland on Saturday.
"In Breel Embolo, we have been able to bring in a highly talented attacker, who already has a lot of international experience and was also in demand at several other top European clubs," said sporting director Christian Heidel.
Media reports suggested Schalke paid around 20 million pounds ($26.80 million) to secure Embolo's services, fending off interest from Spanish champions Barcelona and English sides Arsenal and Manchester United.
(Reporting by Shravanth Vijayakumar in Bengaluru; Editing by Amlan Chakraborty)
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