STRATEGIC MANAGEMENT

2014 STRAT
EDITORIAL
3
HEC Paris Campus
The business environment is changing very rapidly:
globalization, increased uncertainty, cutthroat
competition, financial crises, digital-based business
models and emerging countries jeopardize established
positions. Firms need to respond faster, control costs
better, embrace technological change and undertake
more often strategic actions like mergers, acquisitions
and alliances.
These challenges nurture a growing demand for
strategic skills:
International companies must refine their strategies,
reorganize their activities and businesses
Consulting firms in strategy, which have boomed over
the last decades, must constantly demonstrate the
added value they provide to their clients
Investment banks and corporate venture capital shape
new alliances, mergers and acquisitions.
As these booming markets require high profile
training, the HEC MSc in Strategic Management meets
this demand. Taught entirely in English, the program
lasts 8 to 10 months and is actively supported by top
international consulting firms, leading companies
and investment banks which participate actively to its
curriculum.
In addition to fundamental theoretical insights, the
MSc in Strategic Management offers a professional
framework for consulting based on business cases,
strong ties with key industrial players and numerous
student-led real-life company projects.
Finally, participants from around the world will benefit
from the programs international exposure, the involvement of the business
community and the reputation of HEC Paris as a leading business school in
Europe.
We look forward to welcoming you on campus.
Rodolphe Durand, Academic Director and
Delphine Riccardi-Benin, Executive Director.
Rodolphe Durand,
Academic Director,
Professor, HEC Paris,
Visiting Professor, New
York University (2011),
Visiting Scholar, Harvard
Business School (2012)
Delphine Riccardi-Benin
Executive Director,
Affiliate Professor,
HEC Paris
4
JOIN A LEADING BUSINESS SCHOOL IN EUROPE
HEC Paris is a leading business school in Europe, world renowned for the quality of
its degrees, faculty and research. HEC Paris consistently achieves leading positions
in numerous rankings and was ranked as the #1 business school in Europe by the
Financial Times in 2013. In France, the school tops all rankings established by French
magazines and newspapers such as Ltudiant, lExpress, Le Figaro Etudiant, Le Point,
Challenges, Le Nouvel Observateur
In addition, HEC Paris is the first Business School in France to have received as
early as 2000 the prestigious Triple Crown Academic accreditation: AMBA, EQUIS,
AACSB.
Enjoy the power of the Alumni Network
Founded in 1883, the HEC Alumni Association is one of the largest in France with
more than 45,000 members in 127 countries. It provides a platform for the exchange
of experiences, ideas and information, facilitates entry into the professional world
and accompanies career advancement. Services and events include career guidance,
personal coaching, career fairs and seminars, monthly meetings with business
leaders and an annual international management forum drawing together major
senior business executives, experts and international business personalities.
In order to ensure HEC Paris international reputation and to maintain an active
network, professional groups are organized in 69 countries of which the largest
chapters are in Paris, New York, London, Shanghai and Hong-Kong.
and that of the HEC Foundation
Thanks to their 6,800 individual donors, their 48 partnerships with leading
companies and their 18 professional chairs and centers, the HEC Foundation, a
non-profit organization, contributes to the development policy of HEC Paris in the
fields of research, financial assistance to students and campus institutions, the
Visiting Professors Program and the development of innovative teaching material
and technology.
HEC Paris Program Portfolio
Master in Management / Grande cole Program
One year Specialized Masters / MSc programs
MBA Program
PhD Program
Executive Education Programs:
TRIUM Global Executive MBA
Executive MBA
Executive Masters Programs
Open-Enrollment Programs
Custom Programs and Coaching.
5
WHAT HEC PARIS LEADS TO
Some examples of Top business careers
Jean-Paul Agon, CEO, LOral
Elsa Berry, Co-founder & Managing Partner, Vendme Global Partners, USA
Pascal Cagni, Partner, IDiPC LLP (previously General Manager and Vice-
President, Apple)
Henri de Castries, Chairman of the Management Board and CEO, AXA Group
Louis Gallois, General Commissioner for Investment (previously CEO, EADS)
Isabelle Guichot, President & CEO, Balenciaga
Hubert Joly, CEO of BestBuy, USA
Leo Lui, CEO, Herms China
Franois-Henri Pinault, Chairman and CEO, Kering (Gucci, Puma, Yves Saint
Laurent...)
Baudouin Prot, CEO, BNP Paribas
Deepak Rao, Heritage Investment Company Limited, CEO, Hong Kong
Song Dong Sheng, President, Sinohydro Corporation Limited.
Some examples of Top Governmental careers
Franois Hollande, President of France
Abdoul Mbaye, Prime Minister of Senegal.
Some examples of recent graduates
B. Ababou, FX Sales, Bank of America Merrill Lynch, UK
S. Aoi Chen, Equity research, UBS, Hong Kong
J-F. Baillet, M&A Analyst, Jefferies, UK
K. Bjrn Jeppesen, Private Equity / PIA, Goldman Sachs, UK
E. Briola, Brand Manager, Unilever, UK
V-S. Bucek, Strategic Marketing, LOral Paris, France
M. Chopra, City CEO, Groupon, USA
V. David-Poinsier, M&A Analyst, Barclays, France
E. Gameiro Pais, Senior Consultant, The Boston Consulting Group, Brazil
P. Jaslowitzer, Consultant, McKinsey & Company, Germany
C. Joucan, Sustainable Resources Manager, LVMH, France
G. Lorcy, Brands Director, Danone Group, Indonesia
M. Mokass, Public Private Partnership Manager, World Bank Group, USA
D. Osborn, Product Manager, Mobile, LinkedIn, USA
C. Ramos, Strategic Partner Manager, Google, France
V. Renz-Kiefel, Associate, The Boston Consulting Group, Germany
V. Revenco, Economist, Council of European Development Bank, France
C. Robert-Heidmann, Associate, Linklaters, France
M. Rosenzweig, Debt Capital Markets Analyst, Morgan Stanley, Germany
Y. Salo, Consultant, Deloitte, USA
M. van Steendam, Senior Consultant, Roland Berger, Belgium.
A few examples of who teaches in the in the MSc in Strategic Management program:
Rodolphe Durand, Professor, Strategy,
HEC Paris
Delphine Riccardi-Benin, Affiliate
Professor, Strategy, HEC Paris
Daphn Vattier, Bain Capital Europe
LLP
Brice Challamel, ActOne
Matthieu de Chanville, A.T. Kearney
Guillaume Connan, Helse Capital
Kristina Dahlin, Associate Professor,
Strategy, HEC Paris
Jean-Bernard Girault, HTS Consulting
Oliver Gottschalg, Associate Professor,
Strategy, HEC Paris
Eric Hazan, McKinsey & Company
Frederik Jobert, The Boston Consulting
Group Paris
Jrome Julia, KEA & Partners
Pierre-Antoine Kremp, Assistant
Professor, Strategy, HEC Paris
Jean-Paul Laron, Professor, Strategy,
HEC Paris
Yann Le Fur, Alstom
Laurence Lehmann-Ortega, Affiliate
Professor, Strategy, HEC Paris
Bertrand Limoges, CDC Innovation
Yann Magnan, Duff and Phelps
Vronique Malleret, Professor,
Accounting and Management Control,
HEC Paris
Andrea Masini, Associate Professor,
Operations Management & Information
Technology, HEC Paris
Michal grinz, Advent
Gonalo Pacheco de Almeida, Associate
Professor, Strategy, HEC Paris
Laurent Petizon, Alix Partners
Nils Plambeck, Associate Professor,
Strategy, HEC Paris
Bertrand Qulin, Professor, Strategy,
HEC Paris
Shirish Srivastava, Associate Professor,
Operations Management & Information
Technology, HEC Paris.
6
CUTTING-EDGE FACULTY AND RESEARCH
Research, the Essence of Management Science
HEC Paris faculty is dedicated to pushing the frontier of knowledge in their field
of expertise by actively engaging in research, regular publications in top academic
journals with an international audience and also through active participation in in-
ternational academic conferences. The HEC Faculty has been ranked 5
th
in Europe by
the Financial Times ranking for Research.
A faculty from prestigious universities worldwide
Thanks to a permanent faculty of 111, holding PhDs from the worlds leading re-
search universities, such as Boston College, Cornell, Harvard, McGill, MIT, Prince-
ton, Stanford, UCLA, Wharton, Yale and also from some top European institutions,
HEC Paris offers a broad range of quality programs. 62% are non-French and of
29 different nationalities. Whilst teaching the various programs, they also carry out
research and work in, or act as, consultants for major firms. This ensures that they
are constantly up-to-date with the latest managerial practices.
In addition to the full-time permanent faculty there are 94 affiliate professors, who
are generally prominent members of the business community and who have esta-
blished a long-term relationship with HEC Paris along with a further 40 visiting pro-
fessors from prestigious universities worldwide.
MEET STRATEGIC MANAGEMENT STUDENTS
Class of 2014 General Profile*
99 students
Average age: 23.5
Average GMAT score (international students): 700
Students nationalities: 20
Examples of Institutions of Origin (2013-2014)
Europe
Higher School of Economics, Russia
Imperial College London, UK
Maastricht University, Netherlands
Oxford University, UK
University Luigi Bocconi, Italy
University of Cambridge, UK
University of Mannheim, Germany
University of Oxford, UK
University of St Andrews, UK
University of St. Gallen,
Switzerland
WBS Warwick Business School, UK
WHU Otto Beisheim School of
Management, Germany
France:
Arts et Mtiers ParisTech
cole Centrale (Paris, Nantes...)
cole Polytechnique ParisTech
Ecole Normale Suprieure Ulm
ESTP
Sciences Po Paris
Suplec
Tlcom ParisTech
Universit Paris I - Panthon-
Sorbonne
Middle East:
American University of Beirut, Lebanon American University in Cairo, Egypt
America:
McGill University, Canada
Northwestern University, USA
University of California, Berkeley, USA
University of Maryland, College Park, USA
Asia:
Birla Institute of Technology and
Science
Fudan University, China
Peking University, China
Paolo Aloi
Giorgia Institute of
Technology, USA
Gnagna Lam
Carleton College,
USA
Sandra Lesteven
ENS Ulm / Sciences Po
Paris, France
*as of July 15
th
, 2013
Origin of international students (class of 2014)
7
CLASS OF 2013
STUDENTS
Alexandra Lebas
Ecole nationale veterinaire
dAlfort, France
GENERAL OVERVIEW
Strategic management is an essential component of company growth and survival
and encompasses two main components:
Strategic analysis, i.e. identification of major trends and sources of opportunities:
External analysis consists in identifying the forces that constrain a firm be it
from the industry or from competition- and determining the paths of action in
order to reach success
Internal analysis refers to how to determine what makes the resources controlled
and possessed by a firm valuable, in order for the firm to develop unique paths
to performance.
Structure and organization, i.e. how a company is designed and manages projects.
This includes central functions like planning, management control and information
system. It also deals with employees commitment, corporate values and culture.
In short, strategic management is the art of positioning a firm in a turbulent
environment to map out a path to excellence both unique and unmatchable. It
requires a great command of analytical frameworks and a rigorous mind.
Our HEC MSc in Strategic Management aims to fulfill these objectives within a
short period of time. This goal is met by leveraging on the specific knowledge and
experience that our teachers and instructors bring to the program. They come both
from HEC Paris outstanding faculty and from the best practitioners working in top
firms.
Note that we offer two different tracks designed for students with either a business
or non- business background:
The Business Track is aimed at recent graduates with a degree from a top institution
in domains related to business administration, management, applied economics,
or equivalent
The Accelerated Track is designed for students with no business related academic
background, such as engineers, law, life science, and medical professions.
At the start of the curriculum, the Business and Accelerated Tracks have their own
curriculum but they attend together every week methodological training courses and
workshops with top firms that come to HEC campus. From December on, students
share courses until the end of their curriculum.
At the start of April, Students have two possibilities to complete their curriculum:
the company project or the certificate. A third option is available to students with a
Masters degree, the required number of ECTS credits and beneficiary of a job/in-
ternship offer: the Mastre Spcialis.
Students from both tracks are offered equal career opportunities at the end of the
program.
9
PROGRAM STRUCTURE AND COURSE OFFER
Course Portfolio
Core courses:
Business Strategy
Business Economics and Organization
Competition Law and Regulation
Corporate Finance
Corporate Strategy
Financial Dimensions of Strategic
Decisions
Strategic Implementation
Strategic Analysis and Negotiation
Games
Strategic Management
Accounting.
Elective courses (examples):
Business Models and Business Plan
Creativity and Innovation
Customer Led Growth
Designing and Managing Processes
for Advantage
Forward Looking Analysis
International Business Strategy
Issues in Offshoring Strategies
Managing Strategy
Media Strategy
Merger and Acquisitions
Private Equity Strategies
Reinventing Consulting Strategy
Renewing the Company
Strategic Valuation of Intangible Asset
Strategy and Sustainable
Development
Turnaround Strategy
Value Proposition
Business Models and Business plan
Web-Based Business Models.
10-15% of electives are renewed every year. 50% of the elective courses are taught by practitioners.
Professional Seminars:
Methodology for Analysis and
Strategic Consulting
Job Interview Training
Case cracking
Communication skills workshop
Building your Professional Path.
Workshops with Firms
Leading consulting firms participate actively in workshops all over the year. Consultants come and present their activities and
methodologies. They will also supervise case study sessions during which students will work on actual cases. Companies
involved in these electives and workshops: Accenture, AD Little, AT Kearney, Bain Capital Europe LLP, Boston Consulting
Group, McKinsey & Company, Oliver Wyman, Roland Berger.
During the January-April period, firms offer a portfolio of electives with direct knowledge coming from cases and real-life
experience.
Companies involved in these electives include among others: Alix Partners, Bain Capital Europe LLP, BCG, Duff and
Phelps, Kea & Parners, McKinsey, and Oliver Wyman.
Conferences
Many leaders from the industrial and service sector also participate actively in the Program, sharing their experience in
policy matters. This allows students to interact regularly with CEOs, Strategy and development officers and Business unit
Managers of large Companies.
Examples of guest speakers: the former Essilors CEO, the Director of the Strategic Development and Partnership at Thales
International, Morgan Stanleys Managing Partner, Investment Banking Division and Daiwa Corporate Advisorys Parner.
NegoSim
NegoSim is a computer-assisted business simulation in which teams of 4 or 5 participants are in charge of managing virtual
companies that compete in international markets. Over a period of three days, the teams simulate six sets of business
decisions on product portfolio, pricing, advertising, marketing, manufacturing, human resources, finance, international
expansion, alliances, etc
September 2014
NegoSim
Electives
Business Track or Accelerated Track:
Core Courses
Workshops with consulting firms
Conferences
January 2015
Accelerated
Track:
Management
Foundation
Courses
Certificates*
or
Advanced Management Electives
or
Company project*
June 2015
Study Trip
At the beginning of April, students have the opportunity to spend a week outside of the HEC campus with the purpose of
gaining access to some exciting economic markets (e.g.: Duba and the Northern Emirates, Brazil). Students take time to
visit firms and to learn from the experience of lecturers locally involved as managers of the main leading firms. The study
trip aims at both enriching the curriculum and opening the professional experience and networking of the students.
Company Project
During the Spring semester, students undertake a 10-week part-time Company project for a company facing a real-life,
concrete strategic issue. In many cases, the project is an opportunity for participants to build a business plan for innovative
SMEs wishing to market a new product. Supervised by a professor and supported by Arthur D. Little consultants, the student
groups complete their study and deliver their results and recommendations to the firms top management.
Some examples of recent Company Projects:
Strategic analysis of CRM for a product business in health treatment
Study of non-food outlets for agricultural products
Choice of a legal structure and financing package for high-tech SMEs partnering with an industry leader
Restructuration of logistic platforms and development of new business models
Analysis of opportunities for creating a start-up in life insurance
or Certificates (see page 12)
A significant number of seats are guaranteed for MSc in Strategic Management students in all certificates.
or Advanced Management Electives
At the end of the curriculum, students have the opportunity to compose their own portfolio of Advanced Management Electives
according to their area of interest and professional goals among the following courses:
Communication, Culture and
Leadership
Country Risk Analysis: Emerging
Asia
Geopolitical Analysis
Global Financial Services
International Financial Management
Performing in Organizations
Intellectual Capital, Intangible
Assets and Link With Sustainable
Development
Sustainable Procurement.
Professional Dissertation
Students must write a professional dissertation to graduate from the program. The objective of the professional dissertation
is to explore how cutting-edge research is being implemented in the daily practice of strategy in a highly competitive
environment. More than 100 topics are offered to Students.
Internship Requirements
Students must complete an internship of at least 16 weeks in a field related to strategy to meet academic requirements.
First jobs count as internship experience.
Fontanet Excellence Awards
These Awards celebrate outstanding academic results and commitment to the program development.
Study Trip
April 2015
Internship and Professional Dissertation
Examples of firms welcoming our students for their
internship:
Accenture
AXA
Bain & Company
Barclays Bank PLC
BNP Paribas Capital
Janssen Cilag
L.E.K Consulting
McKinsey & Company
Monitor Group
Private Equity Europe
PSA Peugeot Citron
Roland Berger
Rothschild & Cie
...
Mid-April - mid-June 2015
* Selection in the 1
st
semester
12
CERTIFICATES
Sponsored by a company, the Certificates are a set of interdisciplinary courses
corresponding to approximately 100 contact hours as well as business projects
and other types of field work related to a given sector. Each student selected for a
certificate will be awarded an additional HEC certificate if he/she validates all the
requirements of the course.
Energy & Finance (with Deloitte and Socit Gnrale):
The Energy & Finance Certificate is an exceptional opportunity for participants to
confront the issues in this sector and acquire the knowledge and analytical skills that
will help them make informed decisions as important contributors to the current
industrial revolution.
Innovation Management in Aviation & Aerospace (with Safran):
The general objective of the Certificate is to provide participants with a set of skills
and instruments to manage firms in high technology sectors and to understand the
industry dynamics in these sectors. To this end, the course introduces conceptual
frameworks based on cutting-edge research in economics, strategy and techno-
logy management.
Luxury (with Kering - Gucci, Saint Laurent, Alexander McQueen, Balenciaga, Stella
McCartney, Sergio Rossi, Boucheron...):
The Luxury Certificate is a business oriented certificate, seeking to provide future
managers with an in-depth understanding of the unique rules for the effective
management of luxury brands and companies.
Social Business (with Danone, Schneider Electric, Renault, la Direction Gnrale de
la Cohsion Sociale and private donors):
The aim of the Social Business Certificate is to train students in the innovative
business approaches that reduce poverty by offering new economic models for both
developed and developing countries, and investigating new methods of co-creation
and distribution of wealth.
Digital Innovation for Business (with Free, Meetic, Pixmania, PriceMinister and
Vente-privee.com):
The Certificate provides HEC students with the opportunity to embrace e-business
through an entrepreneurial approach. They will explore the various ways digital
technologies enhance innovation through new business models, e-commerce,
digital communication, collaborative marketing, funding of new ventures, etc.
Several career fairs which are organized on campus throughout the year:
International Finance Career Fair (October), Legal & Fiscal Career Fair
(October), Consulting Career Fair (November), Alumni Career Fair (January)
and International Career Fair (January - World-renowned companies from all
sectors such as Air Liquide Amazon.fr Barilla BETC Euro RSCG Bloomberg
Bouygues Construction Bouygues Immobilier Canal+ PSA Peugeot Citron
Reckitt Benckiser Renault Roche Saint-Gobain Sanofi Schneider Electric
Thales Total Ubisoft Unibail-Rodamco Unilever Veolia Environnement
White & Case LLP ...)
CLOSE TIES TO BUSINESS COMMUNITIES
Strategy Consulting:
Main Companies involved in the Program: The Boston Consulting Group McKinsey
& Co Booz & Co AT Kearney Arthur D. Little Bain & Co Oliver Wyman OC&C
Roland Berger Strategy Consultants Accenture Advention Advancy Cap
Gemini Consulting Stanwell Consulting
Over 50% of each intake is hired by strategy consulting firms.
Manufacturing and Service Businesses:
A large number of French and foreign companies feature a Strategy Development
and Planning Division, responsible for determining key development areas, FDI
policy and mergers & acquisitions for the company according to the firms specific
competencies, key factors for success, market trends and competitors.
About 30% of each intake find jobs in large companies.
Investment Banking and Private Funds:
Mergers and acquisition, investment banking and corporate finance are explored
in detail throughout the program. As a result, students are able to apply for analyst
positions thanks to their strong understanding of markets, competitors and
products, and their skills in corporate finance. The skills students develop provide
them with a strong foundation for a career as an analyst.
Venture-Capital and Financing of Innovation:
Funding and support for high tech entrepreneurs requires the analysis of potential
technologies and markets as new business models.
About 20% of each intake finds a job in Investment Banking, Corporate Finance,
Private Equity or Venture Funds.
14
ALL THE EXPERTISE OF HEC PARIS CAREER
DEPARTMENT AT YOUR SERVICE
Located at the heart of the school, the career department aims at providing the best
possible placement and business opportunities to all of our students.
The resources available are:
The Career and Corporate Information Center which provides students with up-to-
date job & internship opportunities
The Career Services, which organize company presentations, seminars,
conferences, round tables, mock interviews with recruiters, meetings with alumni
and job/internship events throughout the year
15
S. Cairole
(Class of 1997),
Partner &
Managing Director,
The Boston Consulting
Group
C. Chelius
(Class of 2005),
Manager,
A.T. Kearney,
London
A. Collin
(Class of 2000),
Chief Marketing Officer,
Catalog Spree,
San Francisco
G. Guigou
(Class of 2003),
Co-founder COO,
Prt dUnion
M. Bidou
(Class of 1990),
Chairman & CEO,
Maximiles
A. Mahy
(Class of 1996),
Category Pioneer
Director Europe,
The Coca-Cola Company
F. Tondu-Mlique
(Class of 1999),
COO, Hiscox Europe
M. Colas
(Class of 2001),
Associate Partner,
Oliver Wyman
F. Utzmann
(Class of 2004),
Founding CEO,
CertiNergy
V. Balouzet Uchanski
(Class of 2002),
Principal, The Boston
Consulting Group -
Chicago
EXAMPLES OF
RECRUITING
COMPANIES IN
2012 AND 2013
Consulting:
Advancy
A.T. Kearney
Arthur D. Little
Bain & Co
Boston Consulting Group
Corporate Value
Associates (CVA)
IMS Health Consulting
McKinsey & Co
OC&C
OSE Consulting
Oliver Wyman
Roland Berger
...
Corporate Finance, M&A
and Private Equity:
Apax Partners
Banexi
Crdit Suisse First
Boston
Citigroup
JP Morgan
Lazard
Merrill Lynch
Morgan Stanley
Nets Capital
Salomon Smith Barney
Socit Gnrale
Warburg & CO
...
Departments of
Strategy, Development
and Planning in large
Companies:
Air Liquide
AXA
Bouygues
BT
EADS
EDF
Eurocopter
France Telecom
General Electrics
Groupon
PPR
PSA
PLACEMENT
Among the graduates of the class of 2012, 89% found employment within
3 months, 100% within 6 months
Among the graduates of the class of 2012, 28% work outside their home country
The average annual starting salary including the variable part is 55,000 (in 2013)
STRAT ALUMNI, WHERE ARE THEY NOW?
16
17
THE CAMPUS: A PLAYGROUND FOR SELF-FULFILLMENT
Located close to Paris and Versailles, the 300-acre wooded HEC Paris campus
is one of the largest in Europe. The campus is also close to La Dfense, one
of the largest European business districts housing the headquarters of many
multinational companies. These companies interact with HEC Paris both as
partners and as potential recruiters.
Community Life
HEC Paris considers community life as one of the cornerstones of its education. It
develops a sense of responsibility, audacity and an enterprising mind. Belonging
to one or more clubs and associations is an absolute must on the campus! It is
the best way to make friends, meet company representatives, share ideals or
hobbies with others, have fun and take part in an activity.
Over the years, HEC Paris students have founded and now manage over
130 clubs and associations (sports, culture, professional activities, humanitarian
aid, public affairs).
Students plan social events, sports tournaments, concerts and plays; they invite
politicians and business VIPs to speak and debate on current affairs; they help
people in need throughout the world; they welcome foreign students
International Society
HEC IS is a student-run association aimed at bringing all students together
through events such as the welcome week, Discover France weekends and
various on-campus activities.
HEC Students Union
Known as the BDE (Bureau des lves), the union is run by a team of students
who are elected annually. Its many responsibilities include welcoming incoming
students, organizing concerts, theater productions and other social events such
as the famous HEC Paris parties and the annual HEC Gala. It also publishes the
campus magazine and coordinates the activities of the other clubs.
HEC Paris Sports Clubs and Competitions
HEC Paris has excellent indoor and outdoor facilities on campus. These include:
a multipurpose gymnasium, an indoor mountain climbing wall, a weight
training room and facilities for aerobics, fencing and martial arts
10,000 m
2
of outdoor fields including tennis courts, an athletics track and two
rugby/football pitches.
The Sports Office is managed by a permanent staff of 25 qualified professionals
and coaches who teach the various sports offered. Each sport has its own club,
run by students in collaboration with the Sports Office.
The HEC Paris teams compete with other universities in all sports, such as the
Business School Coupe de France competition the World Business School Rugby
Tournament and Les Mercuriales.
FEES AND LIVING COSTS
Annual tuition (2014-2015): 18,500 for European Union students, 22,500 for
Non-European Union students. Tuition is paid in two installments, the first upon
confirmation of enrollment and the second in September 2014.
Remaining costs (approximately 1,000 per month in 2013) include housing and food,
compulsory insurance (health and civil liability), sports and leisure, phone and IT access
The selection is a 2 phase process: a first selection is made based on the evaluation
of your application and supporting documents. The pre-selected candidates will be
then invited for a face-to-face or Skype interview.
HOW TO APPLY
To join the program in September 2014 and be part of an exciting academic and
social student life:
1. Choose a session:
Application
deadline
Interview decision
notification
Final decision
notification
Session 1 November 5
th
, 2013 November 18
th
, 2013 December 3
rd
, 2013
Session 2 January 7
th
, 2014 January 23
rd
, 2014 February 11
th
, 2014
Session 3 March 3
rd
, 2014 March 20
th
, 2014 April 9
th
, 2014
Session 4 April 10
th
, 2014 May 2
nd
, 2014 May 26
th
, 2014
2. Apply online: https://admissions.hec.fr/en.
Supporting documents to be attached:
Degree certificate(s) or current enrollment certificate
All official academic transcripts obtained in a higher education institution,
exchange programs included
Rsum (CV)
GMAT or GRE or TAGE MAGE official test score report
English language proficiency test score report (see our website for more details
and exemptions)
2 online letters of recommendation (at least one letter should be from a professor)
Non-refundable application fee of 100*.
FUNDING YOUR
STUDIES
The French Ministry of
Foreign and European
Affairs allocates a large
number of grants to
international students.
Use Campus France -
Grants Search Engine
(www.campusfrance.org/
fria/bourse) to learn about
scholarships fitting your
nationality and background
The main French
Government Eiffel
Scholarship is open
exclusively to November
session candidates, as the
application deadline is fixed
to the beginning of January.
For more information:
www.campusfrance.org/en
Admitted students may
apply for the HEC Merit
based Scholarship. Special
attention will be given to
applicants from non-EU
countries
Students may also finance
the cost of their education
with student loans, which
typically carry low interest
rates and can be paid
back following graduation.
However, French banks
generally require a
guarantor living in France
The internship period is
usually paid and thereby
provides students with extra
financial resources.
18
THE PROFILE WE VALUE
HEC welcomes applications from candidates of all nationalities who are fluent in
English. They must also hold:
Business Track: A Bachelor or Masters degree in Business Administration,
Commerce or equivalent from a Tier-A international institution with distinction
(2:1 honors or above (or equivalent: Deans list...))
Accelerated non-Business Track: A Bachelor or Masters degree in any field from
a Tier-A international institution, or a master degree in any field from a French
university or a French Grande Ecole, with distinction (2:1 honors or above (or
equivalent: Deans list...)
www.hec.edu
20
HEC Paris
1, rue de la Libration
F 78351 Jouy-en-Josas Cedex
FRANCE
Tel: +33 (0) 1 39 67 70 00
Fax: +33 (0) 1 39 67 94 36
>> www.hec.edu
Contacts:
Tel.: +33 (0) 1 39 67 73 52 / 95 40 / 96 95
Fax: +33 (0) 1 39 67 73 04
E-mail: hecprograms@hec.fr
>> www.hec.edu/MSc
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