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HEC Paris

HEC Paris (French: École des hautes études commerciales de Paris) is a business school, and one of the most prestigious and selective grandes écoles, located in Jouy-en-Josas, France. HEC offers Master in Management, MSc International Finance, MBA and EMBA programs, specialised MSc's, PhD's and executive education.[9]

HEC Paris
École des hautes études commerciales de Paris
MottoApprendre à oser
Motto in English
Literal: Learn to dare
Non-literal: The more you know, the more you dare
TypeGrande école de commerce et de management, École consulaire;[1]
(Private research university Business school)
Established4 December 1881; 141 years ago (1881-12-04)
AccreditationTriple accreditation:[2] AACSB;[2]
AMBA;[2]
EQUIS[2]
Endowment€53.1 million (2017)[3]
Budget€155 million (2019)[4]
ChairmanJean-Paul Agon[5]
DeanÉloïc Peyrache
Academic staff
160 resident professors:[6]
96% PhD.;[7]
30% female;[7]
64% international[7]
Students4,400 (postgraduate);[8]
8,000 (executive)[8]
Location
Paris (Jouy-en-Josas), France;
Doha, Qatar
Admission rate6% (2018)
ColorsBlue and White    
AffiliationsConférence des grandes écoles;[2]
CEMS;[2]
Université Paris-Saclay[8]
Websitewww.hec.edu

HEC Paris is the founding member of CEMS - Global Alliance in Management Education and holds the triple accreditation (AACSB, AMBA, EQUIS).[10]

History

 
The château at HEC Paris

Founded in 1881 by the Paris Chamber of Commerce (CCIP) with 57 students in the very first class, the École des hautes études commerciales de Paris (HEC) aimed to be in the fields of management and commerce what Centrale Paris was in the field of engineering.

In 1921, the school introduced the case-based method of the Harvard Business School, but most of the lectures remained theoretical. In 1938, the HEC program was lengthened to 3 years.

Due to French corporations' demand for North American style management education, at the end of the 1950s, the case-based method was generalized and a one-year classe préparatoire was created to prepare for the entrance examination, which had become more difficult. Evidence of the diploma recognition is that only 9% of HEC students also attended university in 1959, whereas 47% had done so in 1929.

In 1964, French President Charles de Gaulle inaugurated a new 250-acre (1.0 km2) wooded campus in Jouy-en-Josas. In 1967, HEC launched its executive education programs. Women have been accepted at HEC since 1973. Only 27 women were accepted that year and HEC jeunes filles (HECJF), another school dedicated to women, was closed. Its alumnae are officially considered graduates of HEC. HECJF alumni include, for example, Édith Cresson, the first woman to hold the office of Prime Minister of France.

In 1988, HEC founded the CEMS network with ESADE, the Bocconi University and the Cologne University.

In 2016, the school adopted a new legal status and became a public-private partnership (École consulaire or EESC) largely financed by the public Chambers of Commerce in Paris.[11]

In 2017, HEC launched a portfolio of new dual degree programs called M2M with Yale School of Management, Hong Kong University of Science and Technology, and Fundação Getulio Vargas.[12]

Grande École System

HEC Paris is a Grande école, a French institution of higher education that is separate from, but parallel and connected to the main framework of the French public university system. Similar to the Ivy League in the United States, Russel Group in the UK, and C9 League in China, Grandes Écoles are elite academic institutions that admit students through an extremely competitive process.[13][14][15] Alums go on to occupy elite positions within government, administration, and corporate firms in France.[16][17]

Although they are more expensive than public universities in France, Grandes Écoles typically have much smaller class sizes and student bodies, and many of their programs are taught in English. International internships, study abroad opportunities, and close ties with the government and the corporate world are hallmarks of the Grandes Écoles. Many of the top-ranked business schools in Europe are members of the Conférence des Grandes Écoles (CGE), as is HEC Paris, and out of the 250 business schools in France, only 39 are CGE members.[18][19]

Degrees from HEC Paris are accredited by the Conférence des Grandes Écoles[20] and awarded by the Ministry of National Education (France)(French: le ministère de l'Éducation nationale).[21] HEC Paris is further accredited by the elite international business school accrediting organizations and it holds the much coveted Triple accreditation: The European Foundation for Management Development (EQUIS),[2] The Association to Advance Collegiate Schools of Business (AACSB),[2] and Association of MBAs (AMBA)[2]

International rankings

Business Rankings
Europe MBA
QS (2023)[22]1
Financial Times (2023)[23]4
Global MBA
QS (2023)[24]4
Financial Times (2023)[25]11
Ranking 2018 2019 2020 2021 2022
Business School
FT – European Business Schools[26] 2nd[27] 1st[28] 1st[29] 1st[30] 1st[31]
QS (by Subject) – Business & Management Studies[32] 12th 11th 9th 9th
QS (by Subject) – Accounting and Finance[32] 36th 17th 19th 20th
Master in Management (GE-MiM) for FT—Master in Strategic Management for QS and The Economist (12 months program)
FT – Master in Management[33] 2nd[27] 2nd[28] 2nd[29] 2nd[30] 2nd[34]
QS – Masters in Management[35] 1st 1st 1st 1st 1st
The Economist – Masters in Management[36] 1st 1st
MSc in International Finance
FT – Masters in Finance Pre-Experience[37] 1st 1st 1st
QS – Masters in Finance[38] 3rd 2nd 3rd 4th 2nd
MBA
FT – Global MBA[39] 21st[27] 19th[28] 9th[29] 7th[30] [40] 11th
QS – Full Time MBA[41] 3rd 7th 7th 5th 4th
The Economist – MBA[42] 13th 3rd 3rd 2nd
Bloomberg Business Week – International MBAs[43] 4th 8th
Executive Education
FT – Executive MBA (Trium HEC/LSE/NYU)[44] 2nd[27] 3rd[28] 4th[29] 2nd[30]
QS – Executive MBA (Trium HEC/LSE/NYU) 4th 3rd 1st 1st
FT – Executive MBA (EMBA HEC)[44] 6th 1st 3rd 1st
QS – Executive MBA (EMBA HEC) 13th 5th 3rd 1st
FT – Executive Education – Customized[45][46] 5th 3rd 2nd 1st
FT – Executive Education – Open[47] 14th 11th 8th 1st
Specialized Masters
The Economist – MSc in Strategic Management 1st
QS – MSc in Strategic Management 1st
QS – MSc in Marketing 3rd 1st 1st 1st
QS – MSc in Business Analytics 3rd

Programs

Higher education business degrees in France are organized into three levels thus facilitating international mobility: the Licence/Bachelor's, Master's, and Doctorate degrees. A Bachelor's degree requires the completion of 180 ECTS credits (bac+3); a Master's, requires an additional 120 ECTS credits (bac+5). HEC Paris does not offer a bachelor's degree;[2] its highly coveted PGE (Program Grand École) ends with the awarding of Master's in Management (M.M.) degree.[48][49][50] Outside of the PGE, students at HEC can be awarded other Masters degrees, such as the MBA (bac + 5), or a PhD (bac + 8).[2]

Grande école Master in Management (MIM)

French students who attended a classe préparatoire are taught fundamental managerial sciences during their first year at HEC. Courses include economics, accounting, finance, law, psychology, sociology and mathematics (models, operations research, and statistics). During this first year, students can spend a semester in a foreign university (e.g. Wharton, Bocconi University, Trinity College Dublin, University of British Columbia, etc.). They can also enrol in a specific one-year program to get a bachelor's degree from a French university (see below).

Direct admissions, including international students, enter directly into the second year, where they begin a business-intensive program. Courses include corporate and market finance, accounting, marketing, law, mathematics, management, human resources, and supply chain. Second-year students are also allowed to spend one semester in a foreign university. At the end of their second year, students choose specific majors and must pass through a less competitive application process.

To graduate, students are required to have 8 months of internships. Since this is usually difficult during the summer, many students take a semester or year off for their internship, generally between the second and third years. The final year of study covers intensive courses in the chosen major.

HEC Paris has numerous double-degree agreements with French and foreign institutions, including Sorbonne Universite, Sciences Po Paris, ENS Paris, and Ecole Polytechnique in France, and Yale University and HKUST abroad.[51] Some of them only make degrees of the partner institution available to HEC students, while others also enable selected students of the partner institution to graduate from HEC.

MSc in International Finance (MIF)

The MSc in International Finance is ranked #1 worldwide for pre-experience programs (2020 FT Rankings).[52] This program caters to high-achieving graduates looking to succeed in a career in finance. Substantial contact time with world-renowned practitioners adds a new dimension to the traditional curriculum and provides students with an edge in an increasingly competitive environment.[53] The first semester is dedicated to Core and Advanced Core courses, whereas the second semester allows students to choose from a concentration of electives as well as a wide variety of free electives.

The program puts a strong emphasis on graduate placement. It provides a variety of workshops and events with banks and multinational companies, including a study trip in London, designed to increase networking and job opportunities.

The program has a 99% placement rate within 3 months after graduation, where 68% of students work outside of their home country, and have an average salary of €66,000.

Students have the choice between (1) the Business track: designed for students with a background in business, finance or accounting; or (2) the Accelerated track: designed for students with a background in a quantitative field such as mathematics, engineering, physics, and econometrics.

Business track and accelerated track students have access to the same pool of electives in the Spring term and have the same career opportunities at the end of the program. In particular, they both have access to either a specialization in Corporate Finance or a specialization in Capital Markets (Spring term).

According to their choice, students will have access to a specific range of core and elective courses. While the first semester is dedicated to core and advanced core courses, the second semester allows students to choose from a concentration of electives as well as a wide variety of free electives.

12-18 month MSc / MS Programs

  • MSc Consulting and Coaching for Change (with Oxford University)
  • MSc Innovation and Entrepreneurship (delivered, in part, via Coursera)
  • MSc International Finance
  • MS/LL.M International Law and Management
  • MSc Managerial and Financial Economics
  • MSc/MS Marketing
  • MSc/MS Media Art and Creation
  • MSc Strategic Management
  • MSc Sustainability and Social Innovation
  • MSc X-HEC Data Science for Business (with École Polytechnique)
  • MSc X-HEC Entrepreneurs (with École Polytechnique)

Master in Business Administration (MBA)

The MBA program, created in 1969, has two intakes: September and January. HEC's MBA consists of a 16-month-long curriculum, with 8 months of core courses and 8 months of a customized program, including several specialization options, exchange programs, and fieldwork projects.[54] A typical class is composed of some 250 students – 90% of whom are international students – with more than 52 nationalities represented in the 2017 graduating class.[55] The selection process seeks a balance between academic achievement, professional experience, international exposure, and personal motivation. Knowledge of French is not an entry requirement, but participants are highly encouraged to have a basic knowledge of French by the start of the MBA Program, while mandatory (during the first two core terms) and optional language courses are offered throughout the program. Exchange and dual degree programs are offered with about 40 international partner business schools, including HKUST, London Business School, Columbia Business School, Wharton, and Yale.[56][57]

Executive education

Executive MBA

The HEC Executive MBA is a program for top executives with a minimum of 8 years of corporate experience, which prepares them for general management positions (the average background experience of students is about 14 years). The Executive MBA is a multi-site program offered in Paris (France), Beijing (China), St Petersburg (Russia) and Doha (Qatar). The courses are split between theory, case studies, strategic projects, leadership training, EU community campus and foreign exchanges in the US and Asia. Program partnering universities are NYU, UCLA, Babson College in the US, Tsinghua University in China and Nihon University in Japan.

TRIUM Global Executive MBA

HEC also offers the TRIUM Global Executive MBA programme jointly with Stern School of Business of NYU and the London School of Economics. It is divided into six modules that are held in five international business locations over 16 months.

PhD Program

The HEC Paris PhD in Management provides training for careers in research and academia.[58] It offers 7 specialisations and usually takes 4–5 years to complete. The specialisations offered are Accounting & Management Control, Economics & Decision Sciences, Finance, Information Systems & Operations Management, Management & Human Resources, Marketing, and Strategy & Business Policy. As of December 2020, there are 59 students in the program, representing 18 nationalities. More than 90% of the students join an academic career upon completion. All PhD students receive a full tuition waiver, a five-year cost-of-living scholarship and research support funding.

Admissions

HEC Paris is among the most selective French grandes écoles. The number of applications has steadily increased over the years.

2018 Admission Statistics[59][60]
Procedure Applicants Admitted Acceptance Rate (%)
Grande Ecole (Master in Management)
Classes préparatoires (French concours, students enter in L3) 5,151 382 7.4%
French dual degree (students from French partner institutions) 421 82 19.5%
Direct admissions (students enter in M1) 6,520 271 4.2%
Total 12,092 735 6%
MBA
Total 2,231 391 17.5%

Research and Entrepreneurship

HEC Paris has several centres of research:

  • HI! PARIS CENTER - A collaboration with the Institut Polytechnique de Paris (IP Paris), this interdisciplinary and inter-institutional centre combines education, research and innovation to investigate the major challenges surrounding digital transformation and its impact on companies and society at large. This Center combines the 300 researchers and infrastructures of IP Paris and HEC Paris.[61]
  • Society & Organizations Institute - an interdisciplinary Institute that brings together over 60 professors to research, teach and implement ideas in sustainability and inclusion.[62]
  • GREGHEC - The Groupement de Recherche et d’Etudes en Gestion à HEC Paris is a joint research laboratory focused on economics and management in France.[63]
  • Innovation & Entrepreneurship Center - 20 partnerships of excellence; 400 projects supported each year; an ecosystem of 400 professors, researchers and recognized experts.[64]

The school has been offering a degree in entrepreneurship for more than 40 years, by creating HEC Entrepreneurs in 1977,[65] which has today become the MSc X-HEC Entrepreneurs, in partnership with École Polytechnique.[66] Since the creation of HEC Entrepreneurs, HEC alumni have created more than 600 companies.[65] Between 2004 and 2013, the percentage of entrepreneurs per class jumped from 10% to 25%.[67] In 2007,[68] HEC Paris created Incubateur HEC Paris, its startup incubator dedicated to supporting alumni-created startups. Currently directed by Antoine Leprêtre, the incubator has been part of the Station F campus since 2017.[69]

Student life

Campuses

France

HEC is located on a 110-hectare woodland campus in Jouy-en-Josas, 16  km. (10 miles) southwest of central Paris, close to Versailles. Jouy-en-Josas is served by the RER Parisian suburban train and the local bus service. The campus is built around a 19th-century château, which is currently used for Executive Education classes.

Lodging is provided in one of ten dormitories (Bâtiments) providing basic but furnished rooms. Everyone eats together at the University Restaurant, which serves two meals a day in a soup kitchen set. Grande école and Specialized Master students have classes in the Bâtiment des études (Batzet), while MBA students study in a specially designated building. There are three on-campus bars: Le Zinc, which is located on the second floor of the former Cafeteria (or Kfet), Le Wunder Bar, which is located on the first floor next to the Kfet, and the Piano Bar, which is adjacent to the MBA residence hall. The campus also has several sports fields, gym facilities and two lakes.

Qatar

HEC Paris in Qatar is a remote campus of HEC Paris, located in Doha, the capital of Qatar.[70] HEC Paris in Qatar is the result of an agreement between HEC Paris and the Qatar Foundation,[71] a non-profit organization created in 1995 by the Emir of Qatar Sheikh Hamad bin Khalifa Al Thani and his wife, the Sheikha Moza bint Nasser.[72]

HEC Paris in Qatar campus is located in the “Tornado Tower” in the heart of the “West Bay” financial centre of the city of Doha.[73] HEC Qatar offers four types of programs, including an Executive MBA and a Mastère spécialisé program.[74]

Clubs

There are around 130 clubs or "associations" on campus.

The HEC Student Council (Bureau des Élèves in French, or BDE) is in charge of the social entertainment on campus. It is also in charge of coordinating all club activities and representing the students in front of the campus administration. The BDE organizes weekly events such as POWs ("Parties of the Week"), lunches and dinners, speakers, and sports events. HEC parties, which usually are organised every Thursday, are some of the most recognized ones among all French schools and universities. The BDE is composed of a 40-student team that is elected each year in April and for which the competition among students creates the well-known Student Office Campaign.

The HEC MBA Council is in charge of all social activities related to the MBA student body. It manages the MBA students' Piano Bar in the Expansiel Building (Building A), coordinates and sometimes funds all MBA club activities (speaker events, sports events, dinners, etc.), works to expand the HEC MBA brand, develops campus and alumni relations, sets up the new MBA students' integration week, and generally relays student concerns and needs to the administration. Elections for the MBA Council are bi-annual to accommodate both January and September MBA intakes.

Alumni association

The school alumni association, Association des diplômés HEC Paris, was founded in 1883 and gathers alumni of the different institutions of the HEC Group: École HEC Paris, MBA HEC Paris, HEC Paris Executive MBA, Mastères HEC Paris and Doctorat HEC Paris. Each degree is associated with a letter and the year of graduation. In 2017, HEC Alumni were ranked by The Economist as the 2nd most powerful business school alumni network in the world.[75]

In popular culture

The institution is featured in many works. Association of Wrongdoers, a 1987 film by Claude Zidi, features former students.

See also

Notes and references

  1. ^ "Our History". HEC. Retrieved 22 January 2022.
  2. ^ a b c d e f g h i j k "Welcome: HEC Paris". HEC. Retrieved 22 January 2022.
  3. ^ (PDF). Fondation HEC Paris. May 2018. p. 24. Archived from the original (PDF) on 19 January 2019. Retrieved 6 March 2019.
  4. ^ "HEC Paris ambitionne de lever 200 millions d'euros via sa fondation". letudiant educpros. Retrieved 24 January 2022.
  5. ^ HEC. "Chairman".
  6. ^ "Faculty Directory List". HEC. Retrieved 22 January 2022.
  7. ^ a b c "HEC Paris". Financial Times. Retrieved 23 January 2022.
  8. ^ a b c "HEC Paris and Ecole Polytechnique join forces to launch MSc Big Data for Business Program". HEC. Retrieved 22 January 2022.
  9. ^ "HEC Paris".
  10. ^ "The Triple Accredited Business Schools (AACSB, AMBA, EQUIS)". MBA Today.
  11. ^ "Who We Are". HEC. Retrieved 22 January 2022.
  12. ^ HEC. "M2M Programs". HEC Paris. Retrieved 18 January 2019.
  13. ^ "France's educational elite". Daily Telegraph. 17 November 2003. Retrieved 5 February 2019.
  14. ^ Pierre Bourdieu (1998). The State Nobility: Elite Schools in the Field of Power. Stanford UP. pp. 133–35. ISBN 9780804733465.
  15. ^ Ball, MBA Crystal (19 April 2019). "Top Grandes Écoles in France: Ranking, costs, job placements and more".
  16. ^ Monique de Saint-Martin, « Les recherches sociologiques sur les grandes écoles : de la reproduction à la recherche de justice », Éducation et sociétés 1/2008 (No. 21), p. 95-103. lire en ligne sur Cairn.info
  17. ^ Valérie Albouy et Thomas Wanecq, Les inégalités sociales d’accès aux grandes écoles (2003), INSEE
  18. ^ Jack, Andrew (5 December 2021). "FT European Business Schools Ranking 2021: France dominates". Financial Times. Archived from the original on 10 December 2022. Retrieved 26 January 2022.
  19. ^ "Higher Education in France". BSB. Retrieved 26 January 2022.
  20. ^ "Conférence des grandes écoles: commission Accréditation". Conférence des grandes écoles. Retrieved 21 January 2022.
  21. ^ "Etablissements dispensant des formations supérieures initiales diplômantes conférant le grade de master". Ministry of France, Higher Education. Ministère de l'Enseignement supérieur, de la Recherche et de l'Innovation. Retrieved 16 January 2022.
  22. ^ "QS Europe MBA Rankings 2023". Quacquarelli Symonds.
  23. ^ "Global MBA Ranking 2022". Financial Times.
  24. ^ "QS Global MBA Rankings 2023". Quacquarelli Symonds.
  25. ^ "Global MBA Ranking 2023". Financial Times.
  26. ^ "Business school rankings from the Financial Times - FT.com". rankings.ft.com. Retrieved 18 January 2019.
  27. ^ a b c d >"FT European Business School Rankings 2018". Financial Times. Retrieved 22 January 2022.
  28. ^ a b c d "FT European Business School Rankings 2019". Financial Times. Retrieved 22 January 2022.
  29. ^ a b c d "FT European Business School Rankings 2020". Financial Times. Retrieved 22 January 2022.
  30. ^ a b c d "FT European Business School Rankings 2021". Financial Times. Retrieved 22 January 2022.
  31. ^ "European Business School Rankings 2022 - Business school rankings from the Financial Times - FT.com". rankings.ft.com. Retrieved 7 December 2022.
  32. ^ a b "HEC Paris School of Management". Top Universities. 30 September 2014. Retrieved 6 March 2019.
  33. ^ "Business school rankings from the Financial Times - FT.com". rankings.ft.com. Retrieved 18 January 2019.
  34. ^ "Masters in Management 2022 - Business school rankings from the Financial Times - FT.com". rankings.ft.com. Retrieved 15 September 2022.
  35. ^ "QS Business Masters Rankings: Management". Top Universities. 15 February 2019. Retrieved 18 January 2019.
  36. ^ "Masters in Management 2017 Ranking". The Economist. 17 November 2017. ISSN 0013-0613. Retrieved 18 January 2019.
  37. ^ . rankings.ft.com. Archived from the original on 11 December 2018. Retrieved 18 January 2019.
  38. ^ "World University Rankings – Masters In Finance 2019". Top Universities. 19 September 2018. Retrieved 18 January 2019.
  39. ^ . rankings.ft.com. Archived from the original on 12 September 2019. Retrieved 30 January 2019.
  40. ^ "MBA 2022 - Business school rankings from the Financial Times - FT.com". rankings.ft.com.
  41. ^ "World University Rankings – Full Time MBA: Global 2019". TopMBA.com. 19 September 2018. Retrieved 18 January 2019.
  42. ^ "2018 MBA & Business School Rankings | Which MBA?". The Economist. Retrieved 18 January 2019.
  43. ^ Nasiripour, Shahien (19 December 2017). "These Are the Best International MBA Programs". Bloomberg.com. Retrieved 9 September 2020.
  44. ^ a b "Business school rankings from the Financial Times - FT.com". rankings.ft.com. Retrieved 18 January 2019.
  45. ^ "Business school rankings from the Financial Times - FT.com". rankings.ft.com. Retrieved 18 January 2019.
  46. ^ . rankings.ft.com. Archived from the original on 4 June 2019.
  47. ^ "Business school rankings from the Financial Times - FT.com". rankings.ft.com. Retrieved 18 January 2019.
  48. ^ "La Licence". enseignementsup-recherche.gouv.fr (in French). 19 July 2016. Retrieved 19 July 2016.
  49. ^ "Le Master". enseignementsup-recherche.gouv.fr (in French). 19 July 2016. Retrieved 19 July 2016.
  50. ^ Ben-David, Joseph and Philip G. Altbach. eds. Centers of Learning: Britain, France, Germany, United States (2nd ed. 2017).
  51. ^ HEC. "Dual Degree Programs with Partner Institutions". HEC Paris. Retrieved 18 January 2019.
  52. ^ "Business school rankings from the Financial Times - FT.com". rankings.ft.com. Retrieved 23 April 2021.
  53. ^ "MSc International Finance". HEC Paris. Retrieved 23 April 2021.
  54. ^ MBA, HEC-. "16-month Curriculum". HEC – MBA. Retrieved 18 January 2019.
  55. ^ "HEC MBA Brochure" (PDF). HEC Paris MBA Program. 2018.
  56. ^ MBA, HEC-. "International Exchanges". HEC – MBA. Retrieved 18 January 2019.
  57. ^ MBA, HEC-. "Double Degrees". HEC – MBA. Retrieved 18 January 2019.
  58. ^ "Doctoral Program". HEC Paris. Retrieved 8 March 2020.
  59. ^ Berrou, Nicolas (13 October 2018). "Comment intégrer HEC ?". Business Cool (in French). Retrieved 18 January 2019.
  60. ^ Hazlehurst, Jeremy (31 October 2018). "MBA Acceptance Rates at Top European Business Schools | Page 2 of 2". Poets&Quants. Retrieved 18 January 2019.
  61. ^ "Hi! Paris Center". HEC. Retrieved 24 January 2022.
  62. ^ "Society & Organizations Institute". HEC. Retrieved 24 January 2022.
  63. ^ "greghec". HEC. Retrieved 24 January 2022.
  64. ^ "Innovation & Entrepreneurship". HEC. Retrieved 24 January 2022.
  65. ^ a b "HEC Entrepreneurs souffle ses 40 bougies". HEC Paris (in French). Retrieved 10 September 2020.
  66. ^ "MSc X-HEC Entrepreneurs". HEC Paris (in French). Retrieved 10 September 2020.
  67. ^ "De plus en plus de créateurs d'entreprise à HEC". www.letudiant.fr (in French). Retrieved 10 September 2020.
  68. ^ "Incubateur HEC Paris". Les Echos Solutions Business (in French). Retrieved 10 September 2020.
  69. ^ Manceau, Jean-Jacques (14 April 2020). "Les Écoles De Commerce Championnes De L'Entrepreneuriat". Forbes France (in French). Retrieved 10 September 2020.
  70. ^ "HEC Paris: de Jouy-en-Josas à Doha | CCI News".
  71. ^ "Qatar Foundation et HEC Paris concluent un accord de partenariat" (PDF).
  72. ^ HEC Paris in Qatar.
  73. ^ "HEC Paris exporte ses programmes au Qatar". 7 July 2010.
  74. ^ Newspaper, The Peninsula (10 April 2021). "HEC Paris welcomes International Executive MBA Class of 2022". thepeninsulaqatar.com.
  75. ^ "Who you know, not what you know". The Economist. Retrieved 18 January 2019.

Coordinates: 48°45′29″N 2°10′13″E / 48.75806°N 2.17028°E / 48.75806; 2.17028

paris, other, schools, named, hautes, Études, commerciales, hautes, Études, commerciales, disambiguation, french, École, hautes, études, commerciales, paris, business, school, most, prestigious, selective, grandes, écoles, located, jouy, josas, france, offers,. For other schools named Hautes Etudes Commerciales see Hautes Etudes Commerciales disambiguation HEC Paris French Ecole des hautes etudes commerciales de Paris is a business school and one of the most prestigious and selective grandes ecoles located in Jouy en Josas France HEC offers Master in Management MSc International Finance MBA and EMBA programs specialised MSc s PhD s and executive education 9 HEC ParisEcole des hautes etudes commerciales de ParisMottoApprendre a oserMotto in EnglishLiteral Learn to dareNon literal The more you know the more you dareTypeGrande ecole de commerce et de management Ecole consulaire 1 Private research university Business school Established4 December 1881 141 years ago 1881 12 04 AccreditationTriple accreditation 2 AACSB 2 AMBA 2 EQUIS 2 Endowment 53 1 million 2017 3 Budget 155 million 2019 4 ChairmanJean Paul Agon 5 DeanEloic PeyracheAcademic staff160 resident professors 6 96 PhD 7 30 female 7 64 international 7 Students4 400 postgraduate 8 8 000 executive 8 LocationParis Jouy en Josas France Doha QatarAdmission rate6 2018 ColorsBlue and White AffiliationsConference des grandes ecoles 2 CEMS 2 Universite Paris Saclay 8 Websitewww hec eduHEC Paris is the founding member of CEMS Global Alliance in Management Education and holds the triple accreditation AACSB AMBA EQUIS 10 Contents 1 History 2 Grande Ecole System 3 International rankings 4 Programs 4 1 Grande ecole Master in Management MIM 4 2 MSc in International Finance MIF 4 3 12 18 month MSc MS Programs 4 4 Master in Business Administration MBA 4 5 Executive education 4 5 1 Executive MBA 4 5 2 TRIUM Global Executive MBA 4 6 PhD Program 5 Admissions 6 Research and Entrepreneurship 7 Student life 7 1 Campuses 7 1 1 France 7 1 2 Qatar 7 2 Clubs 7 3 Alumni association 8 In popular culture 9 See also 10 Notes and referencesHistory Edit The chateau at HEC Paris Founded in 1881 by the Paris Chamber of Commerce CCIP with 57 students in the very first class the Ecole des hautes etudes commerciales de Paris HEC aimed to be in the fields of management and commerce what Centrale Paris was in the field of engineering In 1921 the school introduced the case based method of the Harvard Business School but most of the lectures remained theoretical In 1938 the HEC program was lengthened to 3 years Due to French corporations demand for North American style management education at the end of the 1950s the case based method was generalized and a one year classe preparatoire was created to prepare for the entrance examination which had become more difficult Evidence of the diploma recognition is that only 9 of HEC students also attended university in 1959 whereas 47 had done so in 1929 In 1964 French President Charles de Gaulle inaugurated a new 250 acre 1 0 km2 wooded campus in Jouy en Josas In 1967 HEC launched its executive education programs Women have been accepted at HEC since 1973 Only 27 women were accepted that year and HEC jeunes filles HECJF another school dedicated to women was closed Its alumnae are officially considered graduates of HEC HECJF alumni include for example Edith Cresson the first woman to hold the office of Prime Minister of France In 1988 HEC founded the CEMS network with ESADE the Bocconi University and the Cologne University In 2016 the school adopted a new legal status and became a public private partnership Ecole consulaire or EESC largely financed by the public Chambers of Commerce in Paris 11 In 2017 HEC launched a portfolio of new dual degree programs called M2M with Yale School of Management Hong Kong University of Science and Technology and Fundacao Getulio Vargas 12 Grande Ecole System EditHEC Paris is a Grande ecole a French institution of higher education that is separate from but parallel and connected to the main framework of the French public university system Similar to the Ivy League in the United States Russel Group in the UK and C9 League in China Grandes Ecoles are elite academic institutions that admit students through an extremely competitive process 13 14 15 Alums go on to occupy elite positions within government administration and corporate firms in France 16 17 Although they are more expensive than public universities in France Grandes Ecoles typically have much smaller class sizes and student bodies and many of their programs are taught in English International internships study abroad opportunities and close ties with the government and the corporate world are hallmarks of the Grandes Ecoles Many of the top ranked business schools in Europe are members of the Conference des Grandes Ecoles CGE as is HEC Paris and out of the 250 business schools in France only 39 are CGE members 18 19 Degrees from HEC Paris are accredited by the Conference des Grandes Ecoles 20 and awarded by the Ministry of National Education France French le ministere de l Education nationale 21 HEC Paris is further accredited by the elite international business school accrediting organizations and it holds the much coveted Triple accreditation The European Foundation for Management Development EQUIS 2 The Association to Advance Collegiate Schools of Business AACSB 2 and Association of MBAs AMBA 2 International rankings EditBusiness RankingsEurope MBAQS 2023 22 1Financial Times 2023 23 4Global MBAQS 2023 24 4Financial Times 2023 25 11Ranking 2018 2019 2020 2021 2022Business SchoolFT European Business Schools 26 2nd 27 1st 28 1st 29 1st 30 1st 31 QS by Subject Business amp Management Studies 32 12th 11th 9th 9thQS by Subject Accounting and Finance 32 36th 17th 19th 20thMaster in Management GE MiM for FT Master in Strategic Management for QS and The Economist 12 months program FT Master in Management 33 2nd 27 2nd 28 2nd 29 2nd 30 2nd 34 QS Masters in Management 35 1st 1st 1st 1st 1stThe Economist Masters in Management 36 1st 1stMSc in International FinanceFT Masters in Finance Pre Experience 37 1st 1st 1stQS Masters in Finance 38 3rd 2nd 3rd 4th 2ndMBAFT Global MBA 39 21st 27 19th 28 9th 29 7th 30 40 11thQS Full Time MBA 41 3rd 7th 7th 5th 4thThe Economist MBA 42 13th 3rd 3rd 2ndBloomberg Business Week International MBAs 43 4th 8thExecutive EducationFT Executive MBA Trium HEC LSE NYU 44 2nd 27 3rd 28 4th 29 2nd 30 QS Executive MBA Trium HEC LSE NYU 4th 3rd 1st 1stFT Executive MBA EMBA HEC 44 6th 1st 3rd 1stQS Executive MBA EMBA HEC 13th 5th 3rd 1stFT Executive Education Customized 45 46 5th 3rd 2nd 1stFT Executive Education Open 47 14th 11th 8th 1stSpecialized MastersThe Economist MSc in Strategic Management 1st QS MSc in Strategic Management 1st QS MSc in Marketing 3rd 1st 1st 1stQS MSc in Business Analytics 3rdPrograms EditHigher education business degrees in France are organized into three levels thus facilitating international mobility the Licence Bachelor s Master s and Doctorate degrees A Bachelor s degree requires the completion of 180 ECTS credits bac 3 a Master s requires an additional 120 ECTS credits bac 5 HEC Paris does not offer a bachelor s degree 2 its highly coveted PGE Program Grand Ecole ends with the awarding of Master s in Management M M degree 48 49 50 Outside of the PGE students at HEC can be awarded other Masters degrees such as the MBA bac 5 or a PhD bac 8 2 Grande ecole Master in Management MIM Edit French students who attended a classe preparatoire are taught fundamental managerial sciences during their first year at HEC Courses include economics accounting finance law psychology sociology and mathematics models operations research and statistics During this first year students can spend a semester in a foreign university e g Wharton Bocconi University Trinity College Dublin University of British Columbia etc They can also enrol in a specific one year program to get a bachelor s degree from a French university see below Direct admissions including international students enter directly into the second year where they begin a business intensive program Courses include corporate and market finance accounting marketing law mathematics management human resources and supply chain Second year students are also allowed to spend one semester in a foreign university At the end of their second year students choose specific majors and must pass through a less competitive application process To graduate students are required to have 8 months of internships Since this is usually difficult during the summer many students take a semester or year off for their internship generally between the second and third years The final year of study covers intensive courses in the chosen major HEC Paris has numerous double degree agreements with French and foreign institutions including Sorbonne Universite Sciences Po Paris ENS Paris and Ecole Polytechnique in France and Yale University and HKUST abroad 51 Some of them only make degrees of the partner institution available to HEC students while others also enable selected students of the partner institution to graduate from HEC MSc in International Finance MIF Edit The MSc in International Finance is ranked 1 worldwide for pre experience programs 2020 FT Rankings 52 This program caters to high achieving graduates looking to succeed in a career in finance Substantial contact time with world renowned practitioners adds a new dimension to the traditional curriculum and provides students with an edge in an increasingly competitive environment 53 The first semester is dedicated to Core and Advanced Core courses whereas the second semester allows students to choose from a concentration of electives as well as a wide variety of free electives The program puts a strong emphasis on graduate placement It provides a variety of workshops and events with banks and multinational companies including a study trip in London designed to increase networking and job opportunities The program has a 99 placement rate within 3 months after graduation where 68 of students work outside of their home country and have an average salary of 66 000 Students have the choice between 1 the Business track designed for students with a background in business finance or accounting or 2 the Accelerated track designed for students with a background in a quantitative field such as mathematics engineering physics and econometrics Business track and accelerated track students have access to the same pool of electives in the Spring term and have the same career opportunities at the end of the program In particular they both have access to either a specialization in Corporate Finance or a specialization in Capital Markets Spring term According to their choice students will have access to a specific range of core and elective courses While the first semester is dedicated to core and advanced core courses the second semester allows students to choose from a concentration of electives as well as a wide variety of free electives 12 18 month MSc MS Programs Edit MSc Consulting and Coaching for Change with Oxford University MSc Innovation and Entrepreneurship delivered in part via Coursera MSc International Finance MS LL M International Law and Management MSc Managerial and Financial Economics MSc MS Marketing MSc MS Media Art and Creation MSc Strategic Management MSc Sustainability and Social Innovation MSc X HEC Data Science for Business with Ecole Polytechnique MSc X HEC Entrepreneurs with Ecole Polytechnique Master in Business Administration MBA Edit The MBA program created in 1969 has two intakes September and January HEC s MBA consists of a 16 month long curriculum with 8 months of core courses and 8 months of a customized program including several specialization options exchange programs and fieldwork projects 54 A typical class is composed of some 250 students 90 of whom are international students with more than 52 nationalities represented in the 2017 graduating class 55 The selection process seeks a balance between academic achievement professional experience international exposure and personal motivation Knowledge of French is not an entry requirement but participants are highly encouraged to have a basic knowledge of French by the start of the MBA Program while mandatory during the first two core terms and optional language courses are offered throughout the program Exchange and dual degree programs are offered with about 40 international partner business schools including HKUST London Business School Columbia Business School Wharton and Yale 56 57 Executive education Edit Executive MBA Edit The HEC Executive MBA is a program for top executives with a minimum of 8 years of corporate experience which prepares them for general management positions the average background experience of students is about 14 years The Executive MBA is a multi site program offered in Paris France Beijing China St Petersburg Russia and Doha Qatar The courses are split between theory case studies strategic projects leadership training EU community campus and foreign exchanges in the US and Asia Program partnering universities are NYU UCLA Babson College in the US Tsinghua University in China and Nihon University in Japan TRIUM Global Executive MBA Edit HEC also offers the TRIUM Global Executive MBA programme jointly with Stern School of Business of NYU and the London School of Economics It is divided into six modules that are held in five international business locations over 16 months PhD Program Edit The HEC Paris PhD in Management provides training for careers in research and academia 58 It offers 7 specialisations and usually takes 4 5 years to complete The specialisations offered are Accounting amp Management Control Economics amp Decision Sciences Finance Information Systems amp Operations Management Management amp Human Resources Marketing and Strategy amp Business Policy As of December 2020 there are 59 students in the program representing 18 nationalities More than 90 of the students join an academic career upon completion All PhD students receive a full tuition waiver a five year cost of living scholarship and research support funding Admissions EditHEC Paris is among the most selective French grandes ecoles The number of applications has steadily increased over the years 2018 Admission Statistics 59 60 Procedure Applicants Admitted Acceptance Rate Grande Ecole Master in Management Classes preparatoires French concours students enter in L3 5 151 382 7 4 French dual degree students from French partner institutions 421 82 19 5 Direct admissions students enter in M1 6 520 271 4 2 Total 12 092 735 6 MBATotal 2 231 391 17 5 Research and Entrepreneurship EditHEC Paris has several centres of research HI PARIS CENTER A collaboration with the Institut Polytechnique de Paris IP Paris this interdisciplinary and inter institutional centre combines education research and innovation to investigate the major challenges surrounding digital transformation and its impact on companies and society at large This Center combines the 300 researchers and infrastructures of IP Paris and HEC Paris 61 Society amp Organizations Institute an interdisciplinary Institute that brings together over 60 professors to research teach and implement ideas in sustainability and inclusion 62 GREGHEC The Groupement de Recherche et d Etudes en Gestion a HEC Paris is a joint research laboratory focused on economics and management in France 63 Innovation amp Entrepreneurship Center 20 partnerships of excellence 400 projects supported each year an ecosystem of 400 professors researchers and recognized experts 64 The school has been offering a degree in entrepreneurship for more than 40 years by creating HEC Entrepreneurs in 1977 65 which has today become the MSc X HEC Entrepreneurs in partnership with Ecole Polytechnique 66 Since the creation of HEC Entrepreneurs HEC alumni have created more than 600 companies 65 Between 2004 and 2013 the percentage of entrepreneurs per class jumped from 10 to 25 67 In 2007 68 HEC Paris created Incubateur HEC Paris its startup incubator dedicated to supporting alumni created startups Currently directed by Antoine Lepretre the incubator has been part of the Station F campus since 2017 69 Student life EditCampuses Edit France Edit HEC is located on a 110 hectare woodland campus in Jouy en Josas 16 km 10 miles southwest of central Paris close to Versailles Jouy en Josas is served by the RER Parisian suburban train and the local bus service The campus is built around a 19th century chateau which is currently used for Executive Education classes Lodging is provided in one of ten dormitories Batiments providing basic but furnished rooms Everyone eats together at the University Restaurant which serves two meals a day in a soup kitchen set Grande ecole and Specialized Master students have classes in the Batiment des etudes Batzet while MBA students study in a specially designated building There are three on campus bars Le Zinc which is located on the second floor of the former Cafeteria or Kfet Le Wunder Bar which is located on the first floor next to the Kfet and the Piano Bar which is adjacent to the MBA residence hall The campus also has several sports fields gym facilities and two lakes Qatar Edit HEC Paris in Qatar is a remote campus of HEC Paris located in Doha the capital of Qatar 70 HEC Paris in Qatar is the result of an agreement between HEC Paris and the Qatar Foundation 71 a non profit organization created in 1995 by the Emir of Qatar Sheikh Hamad bin Khalifa Al Thani and his wife the Sheikha Moza bint Nasser 72 HEC Paris in Qatar campus is located in the Tornado Tower in the heart of the West Bay financial centre of the city of Doha 73 HEC Qatar offers four types of programs including an Executive MBA and a Mastere specialise program 74 Clubs Edit There are around 130 clubs or associations on campus The HEC Student Council Bureau des Eleves in French or BDE is in charge of the social entertainment on campus It is also in charge of coordinating all club activities and representing the students in front of the campus administration The BDE organizes weekly events such as POWs Parties of the Week lunches and dinners speakers and sports events HEC parties which usually are organised every Thursday are some of the most recognized ones among all French schools and universities The BDE is composed of a 40 student team that is elected each year in April and for which the competition among students creates the well known Student Office Campaign The HEC MBA Council is in charge of all social activities related to the MBA student body It manages the MBA students Piano Bar in the Expansiel Building Building A coordinates and sometimes funds all MBA club activities speaker events sports events dinners etc works to expand the HEC MBA brand develops campus and alumni relations sets up the new MBA students integration week and generally relays student concerns and needs to the administration Elections for the MBA Council are bi annual to accommodate both January and September MBA intakes Alumni association Edit Main article HEC Alumni The school alumni association Association des diplomes HEC Paris was founded in 1883 and gathers alumni of the different institutions of the HEC Group Ecole HEC Paris MBA HEC Paris HEC Paris Executive MBA Masteres HEC Paris and Doctorat HEC Paris Each degree is associated with a letter and the year of graduation In 2017 HEC Alumni were ranked by The Economist as the 2nd most powerful business school alumni network in the world 75 In popular culture EditThe institution is featured in many works Association of Wrongdoers a 1987 film by Claude Zidi features former students See also EditList of HEC Paris people Education in France Grandes ecoles CEMSNotes and references Edit Our History HEC Retrieved 22 January 2022 a b c d e f g h i j k Welcome HEC Paris HEC Retrieved 22 January 2022 Notre rapport d activite 2017 est disponible PDF Fondation HEC Paris May 2018 p 24 Archived from the original PDF on 19 January 2019 Retrieved 6 March 2019 HEC Paris ambitionne de lever 200 millions d euros via sa fondation letudiant educpros Retrieved 24 January 2022 HEC Chairman Faculty Directory List HEC Retrieved 22 January 2022 a b c HEC Paris Financial Times Retrieved 23 January 2022 a b c HEC Paris and Ecole Polytechnique join forces to launch MSc Big Data for Business Program HEC Retrieved 22 January 2022 HEC Paris The Triple Accredited Business Schools AACSB AMBA EQUIS MBA Today Who We Are HEC Retrieved 22 January 2022 HEC M2M Programs HEC Paris Retrieved 18 January 2019 France s educational elite Daily Telegraph 17 November 2003 Retrieved 5 February 2019 Pierre Bourdieu 1998 The State Nobility Elite Schools in the Field of Power Stanford UP pp 133 35 ISBN 9780804733465 Ball MBA Crystal 19 April 2019 Top Grandes Ecoles in France Ranking costs job placements and more Monique de Saint Martin Les recherches sociologiques sur les grandes ecoles de la reproduction a la recherche de justice Education et societes 1 2008 No 21 p 95 103 lire en ligne sur Cairn info Valerie Albouy et Thomas Wanecq Les inegalites sociales d acces aux grandes ecoles 2003 INSEE Jack Andrew 5 December 2021 FT European Business Schools Ranking 2021 France dominates Financial Times Archived from the original on 10 December 2022 Retrieved 26 January 2022 Higher Education in France BSB Retrieved 26 January 2022 Conference des grandes ecoles commission Accreditation Conference des grandes ecoles Retrieved 21 January 2022 Etablissements dispensant des formations superieures initiales diplomantes conferant le grade de master Ministry of France Higher Education Ministere de l Enseignement superieur de la Recherche et de l Innovation Retrieved 16 January 2022 QS Europe MBA Rankings 2023 Quacquarelli Symonds Global MBA Ranking 2022 Financial Times QS Global MBA Rankings 2023 Quacquarelli Symonds Global MBA Ranking 2023 Financial Times Business school rankings from the Financial Times FT com rankings ft com Retrieved 18 January 2019 a b c d gt FT European Business School Rankings 2018 Financial Times Retrieved 22 January 2022 a b c d FT European Business School Rankings 2019 Financial Times Retrieved 22 January 2022 a b c d FT European Business School Rankings 2020 Financial Times Retrieved 22 January 2022 a b c d FT European Business School Rankings 2021 Financial Times Retrieved 22 January 2022 European Business School Rankings 2022 Business school rankings from the Financial Times FT com rankings ft com Retrieved 7 December 2022 a b HEC Paris School of Management Top Universities 30 September 2014 Retrieved 6 March 2019 Business school rankings from the Financial Times FT com rankings ft com Retrieved 18 January 2019 Masters in Management 2022 Business school rankings from the Financial Times FT com rankings ft com Retrieved 15 September 2022 QS Business Masters Rankings Management Top Universities 15 February 2019 Retrieved 18 January 2019 Masters in Management 2017 Ranking The Economist 17 November 2017 ISSN 0013 0613 Retrieved 18 January 2019 Business school rankings from the Financial Times FT com rankings ft com Archived from the original on 11 December 2018 Retrieved 18 January 2019 World University Rankings Masters In Finance 2019 Top Universities 19 September 2018 Retrieved 18 January 2019 Business school rankings from the Financial Times FT com rankings ft com Archived from the original on 12 September 2019 Retrieved 30 January 2019 MBA 2022 Business school rankings from the Financial Times FT com rankings ft com World University Rankings Full Time MBA Global 2019 TopMBA com 19 September 2018 Retrieved 18 January 2019 2018 MBA amp Business School Rankings Which MBA The Economist Retrieved 18 January 2019 Nasiripour Shahien 19 December 2017 These Are the Best International MBA Programs Bloomberg com Retrieved 9 September 2020 a b Business school rankings from the Financial Times FT com rankings ft com Retrieved 18 January 2019 Business school rankings from the Financial Times FT com rankings ft com Retrieved 18 January 2019 Business school rankings from the Financial Times FT com rankings ft com Archived from the original on 4 June 2019 Business school rankings from the Financial Times FT com rankings ft com Retrieved 18 January 2019 La Licence enseignementsup recherche gouv fr in French 19 July 2016 Retrieved 19 July 2016 Le Master enseignementsup recherche gouv fr in French 19 July 2016 Retrieved 19 July 2016 Ben David Joseph and Philip G Altbach eds Centers of Learning Britain France Germany United States 2nd ed 2017 HEC Dual Degree Programs with Partner Institutions HEC Paris Retrieved 18 January 2019 Business school rankings from the Financial Times FT com rankings ft com Retrieved 23 April 2021 MSc International Finance HEC Paris Retrieved 23 April 2021 MBA HEC 16 month Curriculum HEC MBA Retrieved 18 January 2019 HEC MBA Brochure PDF HEC Paris MBA Program 2018 MBA HEC International Exchanges HEC MBA Retrieved 18 January 2019 MBA HEC Double Degrees HEC MBA Retrieved 18 January 2019 Doctoral Program HEC Paris Retrieved 8 March 2020 Berrou Nicolas 13 October 2018 Comment integrer HEC Business Cool in French Retrieved 18 January 2019 Hazlehurst Jeremy 31 October 2018 MBA Acceptance Rates at Top European Business Schools Page 2 of 2 Poets amp Quants Retrieved 18 January 2019 Hi Paris Center HEC Retrieved 24 January 2022 Society amp Organizations Institute HEC Retrieved 24 January 2022 greghec HEC Retrieved 24 January 2022 Innovation amp Entrepreneurship HEC Retrieved 24 January 2022 a b HEC Entrepreneurs souffle ses 40 bougies HEC Paris in French Retrieved 10 September 2020 MSc X HEC Entrepreneurs HEC Paris in French Retrieved 10 September 2020 De plus en plus de createurs d entreprise a HEC www letudiant fr in French Retrieved 10 September 2020 Incubateur HEC Paris Les Echos Solutions Business in French Retrieved 10 September 2020 Manceau Jean Jacques 14 April 2020 Les Ecoles De Commerce Championnes De L Entrepreneuriat Forbes France in French Retrieved 10 September 2020 HEC Paris de Jouy en Josas a Doha CCI News Qatar Foundation et HEC Paris concluent un accord de partenariat PDF HEC Paris in Qatar HEC Paris exporte ses programmes au Qatar 7 July 2010 Newspaper The Peninsula 10 April 2021 HEC Paris welcomes International Executive MBA Class of 2022 thepeninsulaqatar com Who you know not what you know The Economist Retrieved 18 January 2019 Wikimedia Commons has media related to Ecole des hautes etudes commerciales de Paris Coordinates 48 45 29 N 2 10 13 E 48 75806 N 2 17028 E 48 75806 2 17028 Retrieved from https en wikipedia org w index php title HEC Paris amp oldid 1140761076, wikipedia, wiki, book, books, library,

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