HEC Paris
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HEC Paris
HEC Paris
Hautes études commerciales de Paris
HEC Paris.svg
Motto Apprendre à oser
Motto in English
The more you know, the more you dare
Type Business school
Established 1881; 136 years ago (1881)
Endowment EUR48.7 Million [1]
President Henri Proglio[2]
Dean Peter Todd[3]
Academic staff
115
Students 4,000
Location Jouy-en-Josas, France
Colors Blue and White          
Affiliations CEMS
AACSB
AMBA
EQUIS
Université Paris-Saclay
Website www.hec.edu

HEC Paris (Ecole des Hautes Etudes Commerciales de Paris) is an international business school, established in 1881, located in Jouy-en-Josas, France. It is widely regarded as one of the most prestigious and selective business schools in the world. Being referred to by Forbes as "the Harvard of Europe", HEC has been ranked second best business school in the continent by the Financial Times and the Economist [4][5][6].

Among the most selective French grandes écoles, HEC offers its flagship Master in Management, MBA and EMBA programs, eleven specialized MSc programs, a PhD program, and executive education offerings.

HEC Paris is the founding member of CEMS - Global Alliance in Management Education and holds the triple accreditation (AACSB, AMBA, EQUIS) [7]. Together with ESSEC Business School and ESCP Europe it forms the informal group commonly referred as the "trois Parisiennes"  (three Parisians).

History

In 1819, ESCP Europe became the first business school created in the world.[8] Yet, many of the most prestigious French Grandes Écoles already existed. For example, the Arts et Métiers ParisTech, the École Polytechnique, the ENSTA and the École Normale Supérieure were created before or during the French Revolution.

Château of HEC at Jouy-en-Josas.

Most business schools were created decades later, at the end of the 19th century, and were less attractive than universities. Established in 1881 by the Paris Chamber of Commerce (CCIP), the École des Hautes Études Commerciales (HEC) wanted to be in the fields of management and trade what Centrale Paris was in the field of engineering. In order to gain recognition from the academic world, the school offered lessons similar to what was taught in secondary education and few classes in management.

In 1921, the school introduced the case-based method of the Harvard Business School, but most of lectures remained theoretical. In 1938, 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 the entrance examination which had become difficult. An evidence of the recognition of the diploma is that only 9% of HEC students also attended university in 1959, whereas 47% had done so in 1929.

HEC Paris campus.

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 only since 1973. Only 27 girls were accepted that year and "HEC jeunes filles" (HECJF), another school dedicated to women, disappeared. Its alumni are officially considered as graduated from HEC. HECJF alumni include, for example, Édith Cresson, the first and to date the only woman to have held the office of Prime Minister of France.

During the 1970s, HEC signed a partnership with the New York University and the London School of Economics in 1973, and has recruited foreign students since 1975. In 1988, HEC founded the CEMS network with ESADE, the Bocconi University and the Cologne University.

In 2015, the school will adopt a new legal status to allow private investors to join the Board.[9]

International Rankings

HEC was consistently ranked among the top business school in Europe in the Financial Times rankings, especially for both its Master in Management and Master in Finance programs. Also, according to Times Higher Education World University Rankings 2016, HEC graduates are ranked the 21th most employable in the world [10]. In 2017, the QS World University Rankings ranked HEC Paris 12th worldwide for Business & Management Studies.

2013 2014 2015 2016 2017
FT - Master in Management (HEC Grande Ecole Program) 4th 2nd 2nd 2nd 2nd
FT - Master in Management (HEC CEMS Program) 7th 5th 4th N/A* 9th
FT - Master in Finance 1st 1st 1st 1st 2nd
FT - Executive Education - Open 7th 3rd 2nd 8th 12th
FT - Executive Education - Customized 2nd 2nd 2nd 2nd 7th
FT - Global MBA 21st 21st 16th 15th 20th
The Economist - MBA 8th 4th 5th 9th 15th
FT - Executive MBA (HEC TRIUM Program) 4th 1st 3rd 3rd 5th

*In 2016, CEMS refused to take part in the yearly FT Ranking. The program made its come back in 2017, at 9th place. [11]

Programs

Grande Ecole (Master in Management)

Admissions - Classes préparatoires

Lycée Henri IV in Paris was the primary source of new students in 2009

The classes préparatoires aux grandes écoles are a two-year curriculum extensible to three-years, acting as a prep course with the main goal of training undergraduate students for enrolment in one of the grandes écoles.

Each year, more than 9,000 students enroll in prep courses for entrance exams into business schools (known as "prépa HEC" while their real names are "ECS" or "ECE"). For a minimum of two years, préparationnaires study an average of 58 hours per week,[12] but the best students work far more than that. Their curriculum includes Mathematics, either Economic History or Economics, Philosophy, Literature, and two foreign languages. They have written and oral examinations every week.

The concours includes at least an examination in each subject studied and both written and oral examinations. Depending on how many schools students apply to, written examinations spread over two of three weeks. HEC requires 26 hours of written exams, all of them being shared with other schools such as ESSEC and ESCP Europe. Oral examinations take place on the campus for three or four days. They are public and attended by hundreds of visitors, mainly future candidates and professors.

Admissions - Holders of a bachelor's degree

French graduates with a licence (Bachelor's degree) can also apply for admission to the Grande Ecole programme through another dedicated concours.

The International Admissions Service manages the recruitment tests and interviews on behalf of HEC and three other Grandes Ecoles in France. Admission to this programme requires a degree gained upon successful completion of at least three years of university education outside France in any field.

French and foreign admitted students enroll directly in the second year of the programme.

Curriculum

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, University of British Columbia...). They can also enroll in a specific one-year program to get a bachelor's degree from a French university (see below).

Direct admits, 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 given the opportunity to spend one semester in a foreign university. At the end of their second year, students choose specific majors, and must pass through a by far less competitive application process.

In order 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 year.

The final year of study covers intensive courses in the chosen major.

Dual degrees and joint programs

HEC Paris has numerous double degree agreements with French and foreign institutions. 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.

Among French partner institutions, Ecole Polytechnique, Mines ParisTech, Agro ParisTech, ENSAE ParisTech and Télécom ParisTech are other colleges of ParisTech.

One year MSc / MS Programs

HEC welcomes in MSc and MS programs high-level students from all nationalities who hold a bachelor's degree or superior in any field.

  • MSc International Finance
  • MSc Managerial and Financial Economics
  • MSc Strategic Management
  • MSc/MS Marketing
  • MSc Sustainability and Social Innovation

Master in Business Administration (MBA)

The Institut supérieur des affaires is the department of the school that manages its MBA program. This program attracts students from around the world with more than 55 nationalities represented in the 2008 graduating class. 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 duration of the program.

Executive Education

Executive MBA

The HEC Executive MBAs a program for top executives with a minimum of 8 years' corporate experience which prepares 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 project, leadership training, EU community campus and foreign exchanges in the US and Asia. Program partnering universities are NYU, UCLA, Babson College in the USA, 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 held in five international business locations over a 16-month period.

Student life

Campus

HEC is located on an 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. 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 (Bâtiments) providing basic but furnished rooms. Everyone eats together at the University Restaurant, which serves two meals a day in a soup kitchen setting. 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 two on-campus bars: Zinc, which is located on the second floor of the Cafeteria (or Kfet), and the Piano Bar, which is adjacent to the MBA residence hall. The campus also boasts several sports fields and two lakes.

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 sport 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's Piano Bar in 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 MBAs' integration week, and generally relays student concerns and needs to the administration. Elections for MBA Council are bi-annual so as 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 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.

See also

Notes and references

  1. ^ "Notre rapport d'activité 2016 est disponible!" (PDF). Fondation HEC Paris. May 2017. p. 22. 
  2. ^ http://www.hec.edu/About-HEC/Governance-structure/The-President
  3. ^ http://www.hec.edu/About-HEC/Governance-structure/The-Dean
  4. ^ Symonds, Matt. "Leadership Lessons From The Harvard Of Europe". Forbes. Retrieved . 
  5. ^ "Announcing the top 20 European business schools". Economist GMAT Tutor. 2014-07-09. Retrieved . 
  6. ^ "Business school rankings from the Financial Times - FT.com". rankings.ft.com. Retrieved . 
  7. ^ Triple accredited business schools (AACSB, AMBA, EQUIS)
  8. ^ "Andreas Kaplan: European Management and European Business Schools: Insights from the History of Business Schools". European Management Journal. 32 (4): 529-534. doi:10.1016/j.emj.2014.03.006. 
  9. ^ [1]
  10. ^ [2]
  11. ^ "Business school rankings from the Financial Times - FT.com". rankings.ft.com. Retrieved . 
  12. ^ Observatoire National de la Vie Étudiante, Enquête "Conditions de vie" 2006 [3]

External links

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


  This article uses material from the Wikipedia page available here. It is released under the Creative Commons Attribution-Share-Alike License 3.0.


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