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Specialized in education and research in management, HEC Paris offers a complete and unique range of educational programs for the leaders of tomorrow: Masters Programs, MBA, PhD, Executive MBA, TRIUM Global Executive MBA and Executive Education open-enrolment and custom programs.
Founded in 1881 by the Paris Chamber of Commerce and Industry and founding member of ParisTech and Université Paris-Saclay, HEC Paris has a permanent faculty of 106 professors, more than 4,000 students and over 8,500 managers and executives in training every year.
The Master in Management - Grande Ecole Program is designed for students who hold a Bachelor’s degree in any field. The 1st academic year is comprised of general business courses; the 2nd academic year is devoted to the student’s area of specialization.
The school selects students that show the highest potential and then guides them towards the top careers in management. The vocation of the Grande Ecole program is therefore to train its students to become leaders, capable of anticipating changes in the world and of playing a responsible role within it.
HEC successfully meets this exciting challenge by:
- systematically registering all of the knowledge transmitted at HEC at the forefront of research, in all fields of management science;
- being up to date with the on-the-field practices and expectations of the businesses that the school has maintained extremely close relations with since its creation and developing leadership and entrepreneurial skills amongst the students;
- giving all its students the opportunity to have a more international outlook from the beginning and throughout their school life, whether this is through exchanges or double degrees or even on the campus itself, where more than 95 nationalities are brought together.
The Specialized Masters and MSc provide students with a specialization in a sector or a function. Lasting 8 to 12 months and taught full-time, they are aimed at candidates, with little or no professional experience, who have graduated from higher education in France or abroad, and wish to acquire an expertise in a specific field of management.
6 programs are offered in English: MSc in International Finance (with one option in Real Estate conferring a double degree with the University of Wisconsin), MSc in Strategic Management, MSc in Managerial & Financial Economics, MSc in Marketing, MSc in Sustainable Development.
4 programs are offered in French: Specialized Masters in International Law and Management, Specialized Masters for Entrepreneurs, Specialized Masters in Projects Management, Specialized Masters in Media Arts and Creation.
One program, two options: 16-month full-time MBA and 24-month part-time MBA.
The HEC MBA is divided into 2 phases. During the fundamental phase participants gain a solid foundation in 11 core business subjects. In the customized phase participants tailor the MBA to suit their individual career paths in selecting from a range of business concentrations, corporate experience and international exchanges.
Participants gain hands-on, practical experience through seminars integrated into the curriculum, such as the MBA Tournament and the off-campus leadership seminar at St-Cyr Military Academy.
The program offers participants a unique and valuable experience of being immersed in a student body of highly diverse nationalities, academic and professional backgrounds. Teamed with exceptionally talented peers, participants motivate each other to achieve, to realize their full potential and ultimately develop and sharpen their leadership skills.
A unique program: 8 majors • 5 locations • 1 single diploma
Specifically built to provide to the managers and to the executives around the world the opportunity to choose from eight majors, but also to follow their courses in five different international locations. The HEC Executive MBA is a program aimed toward senior executives around the world willing to accelerate and boost their career at the mid-term of their professional lives. The main values of our education program are based on strategy, change management, leadership and entrepreneurship.
The Executive MBA is conducted in Paris, Beijing, Shanghai, St. Petersburg and Doha and allows you to remain either in your home track throughout the program, or to take classes within different environments.
In order to fulfill the needs of the executives in today's world, we offer eight different majors: Entrepreneurship & Innovation, Differentiation and Innovation, Global Business Perspectives, Aerospace & Aviation Management in an Energy-Concerned Economy, Telecom & Digital Business, Services and Luxury Management. These majors will allow participants to specialize themselves in a specific field and increase their knowledge in various sectors.
TRIUM Global Executive MBA enables executives to understand the world, as it is today and will be tomorrow.
Ranked #3 Executive MBA worldwide by the Financial Times, it is a unique degree jointly awarded by 3 world-renowned universities: HEC Paris, London School of Economics & Political Science, New York University Stern School of Business.
Speed up your career!
Ranked #1 worldwide for Executive Education by the Financial Times, we offer training programs for business leaders and host over 8,500 executives and managers from the whole world. Our mission is to assist companies in training managers, future managers and leaders.
Our desire is to offer executive education programs specifically built for managers and executives. They allow you to gain perspective by revisiting your convictions, learn from the diversity of participants in the class and offer proximity and access to corporate issues. HEC Executive Education relies on the excellence of the faculty of HEC Paris, the expertise of its external speakers and the international reputation of its research in order to offer its customers a unique and unforgettable experience.
HEC Paris offers:
- a 4-year full-time doctoral program fully taught in English that meets the highest international standards
- a program which fosters originality, innovation and the ability to advance the frontier of management knowledge
- a first year dedicated to courses to give you a grasp of research skills and advanced conceptual frameworks in your field
- supervision by a world-class Faculty engaged in cutting-edge research
- placement at top-level academic institutions around the world.
If you are a university-level student or recent graduate (from any discipline) seeking an academic challenge and multi-cultural learning experience, our summer school experience is for you.
At the HEC PARIS Summer School, we will sharpen your mind, develop your analytical and decision-making skills, help you grasp complex challenges and strategic opportunities in today’s global economy.
The faculty is central to knowledge creation and dissemination at HEC. Our 115 permanent faculty (over half are from outside France) work on internationally acclaimed research in most of the major disciplines of management, reflecting the diversity of thought and cultures, the open-mindedness and the exacting intellectual standards promoted at HEC.
The permanent faculty is reinforced by 94 affiliate professors bringing their academic and professional skills to HEC's students and program participants, and 40 visiting professors each year who come to teach and carry out research alongside HEC's own professors.
All these professors enhance HEC's courses and programs through their research work, original teaching materials, and personal interaction with the business world; they contribute to corporate reflection on management issues and are involved in national and international scientific community debates.
At HEC Paris, companies find what they are looking for: interns, young graduates, MBA graduates, executive education programs, professors to work with on research or teaching projects. Drawing from this positive experience, some of them decide to support HEC's development and become HEC corporate partners.
- 2,450 internships
- 262 companies attending recruitment events on campus
- 18 Chairs and Centers
- 45 HEC Foundation corporate partners
- 66 Club Campus partners
- 8,500 Executive Education participants
In the 'News Room', find everything you need to know about HEC Paris, our programs, faculty, international relationships, corporate partnerships and life on campus. In the blink of an eye, discover what the press says about HEC with our latest news postings.
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The University of Iowa
20 November 2015 - HEC Campus - From 2:00 pm to 4:00 pm
29 October 2015 - From 2:00 pm to 4:00 pm
Rotman School of Management, University of Toronto, Toronto, Canada
19 June 2015 - Room S126 - From 2:00 pm to 4:00 pm
This study examines financial analysts’ use of non-financial, non-corporate disclosure environmental performance information to assess firms’ future earnings and financial prospect. Specifically, we examine analyst reactions to annual release of the Toxics Release Inventory (TRI) data by the U.S. Environmental Protection Agency (EPA). We hypothesize that analysts use the TRI data to assess corporate environmental risks and impound such risks into their stock recommendations and earnings forecasts. Using a large sample of U.S. public companies from 1997 to 2011, we find that increased environmental risk exposure is associated with lower accuracy and higher dispersion in analyst earnings forecasts. We also find that analysts are more likely to revise their stock recommendations and earnings forecasts of a firm downward if the firm experiences an increase in their environmental risk exposures, and vice versa. In addition, we find evidence that analyst revisions in stock recommendations following the TRI release favourably impact firm’s future pollution reduction, consistent with analyst actions motivating firms to improve future environmental performance. Overall, the findings are consistent with analysts using non-financial, not-corporate disclosure environmental performance information to assess corporate environmental risk exposure and shed light on the mechanism through which corporate environmental risks are impounded into the stock prices.
Mohan Tanniru, Ph.D
Professor , Oakland University
16 June 2015 - HEC Jouy-en-Josas Campus - Building V Council room - From 2:30 pm to 4:00 pm
Health care providers are facing multiple challenges such as improving patient satisfaction, operating with reduced reimbursements, and reducing frequent readmissions. Care providers who address these challenges independently often miss out on opportunities that surface when patient care is viewed within a system, influenced by two environments: clinical environment within the hospital and social environment of patients post-discharge. While hospitals strive for greater efficiencies within the clinical environment, they often find coordination post-discharge to reduce readmissions a major challenge. By viewing the system of patient care through the readmission lens and applying some of the templates discussed under Systematic Inventive Thinking: SIT2 (Inside the Box), this presentation looks at several innovative approaches that can help address patient care both inside and outside the hospital walls by leveraging advances in information technology. Several on-going research projects of care transformation through IT will be highlighted including on-going work of patient care at St Joseph Mercy Hospital in Pontiac, MI and peri-operative care in Stanford Medical School (inside the hospitals), and patient empowerment studies at dialysis centers (DaVita) and medication reconciliation/patient follow-up at nursing homes (outside the hospital).
Steve W. J. KOZLOWSKI
Michigan State University USA
12 June 2015 - R09 - Building S - From 1:30 pm to 3:00 pm
Emergence has received relatively limited direct research attention in the micro and meso disciplines of organizational science (i.e., organizational psychology, organizational behavior, and human resource management). It has largely been treated as latent and assumed, assessed within a limited conceptualization, and examined in a static fashion. This is part of a broader problem in organizational psychology and behavior research (OP/B) that treats team (and other) processes as static constructs. I will discuss emergence as a multilevel process and focus on its point of origin, interaction patterns, and the dynamics of how phenomena emerge. I will discuss how emergent phenomena are typically studied in organizational science and the limitations inherent in the dominant approaches. Once emerged, team processes also exhibit dynamics with respect to the stability of the emerged phenomenon, the form of emergence, and variability in its level. Given these conceptual complexities, investigating emergence is challenging and necessitates new methodologies. I will discuss innovations in research design and measurement that are required to advance understanding of emergence as a process and team processes as dynamic phenomena. I will present some novel approaches and will illustrate them by highlighting my current research.
Background Readings (for those who may be interested)
Cronin, M. A., Weingart, L. R., & Todorova, G. (2011). Dynamics in groups: Are we there yet? The Academy of Management Annals, 5, 571-612.
Kozlowski, S. W. J., & Chao, G. T. (2012). The dynamics of emergence: Cognition and cohesion in work teams. Managerial and Decision Economics, 33, 335-354.
Kozlowski, S. W. J., Chao, G. T., Grand, J. A., Braun, M. T., & Kuljanin, G. (2013). Advancing multilevel research design: Capturing the dynamics of emergence. Organizational Research Methods, 16, 581-615.
Kozlowski, S. W. J., & Klein, K. J. (2000). A multilevel approach to theory and research in organizations: Contextual, temporal, and emergent processes. In K. J. Klein & S. W. J. Kozlowski (Eds.), Multilevel theory, research and methods in organizations: Foundations, extensions, and new directions (pp. 3-90). San Francisco, CA: Jossey-Bass.
Marks, M. A., Mathieu, J. E., & Zaccaro, S. J. (2001). A temporally based framework and taxonomy of team processes. Academy of Management Review, 26, 356-376.
New York University
11 June 2015
The effectiveness of bank-mediated stimulatory policy in raising household borrowing depends on the extent to which banks pass through credit expansions to households with a high marginal propensity to borrow (MPB). We use a panel dataset of 160 million credit card accounts and over 1,000 credit limit regression discontinuities to estimate MPB for households with different credit scores. We find substantial heterogeneity, with a $1 increase in credit limits raising total unsecured borrowing after 12 months by 54 cents for households with the lowest FICO scores (<660) versus 3 cents for households with the highest FICO scores (≥ 740). We use the same credit limit regression discontinuities to estimate banks’ marginal propensity to lend (MPL) out of a decrease in the cost of funds. For the lowest FICO score households, increased credit limits raise default rates and reduce marginal fee revenue, limiting pass-through. We estimate that a 1- percentage point reduction in the cost of funds increases credit limits by $249 for borrowers with the lowest FICO scores (< 660) versus $959 for households with the highest FICO scores (≥ 740). We conclude that banks have the least incentive to pass-through credit to households that want to borrow the most, diminishing the effectiveness of bank-mediated stimulatory policy.
Assistant Professor , Singapore Management University
5 June 2015 - HEC Paris - Jouy en Josas Campus - Building S - Room 227 - From 10:30 am to 12:00 pm
This paper studies the farmland allocation decision of a farmer between two crops in a multi-period framework. In each growing period, the farmer chooses the allocation in the presence of revenue uncertainty, and crop rotation benefits across periods, i.e. revenue is stochastically larger when a crop is planted in a rotated land (where the other crop was planted in the previous period). We identify two strategies, monoculture, i.e. fully allocate the farmland to one of the crops, and rotate, i.e. plant each crop in the rotated farmland, which characterize the optimal allocation decision in each period. Our analysis provides rules of thumb for the impact of revenue uncertainty: The farmer benefits from a lower revenue correlation between the two crops. Interestingly, the farmer benefits from a higher revenue volatility only when this volatility is sufficiently high; otherwise, a lower revenue volatility increases the profitability. We propose a heuristic allocation policy which we characterize in closed form. Using a calibration based on a representative farmer planting corn and soybean in Iowa, we show that the proposed policy is near-optimal, and significantly outperforms the commonly used heuristic allocation policies in practice (such as the myopic policy, always-rotate policy and monoculture policy).
4 June 2015
Much research has suggested that independent boards of directors are more effective in reducing agency costs and improving firm governance. Less clear, however, is how independent boards influence innovation search strategies. Relying on regulatory changes that required shareholders to appoint a majority of independent directors, we demonstrate that firms that transition to independent boards are less likely to explore uncrowded and unfamiliar technologies. Such firms patent more and get more citations to their patents, though the increase comes mainly from patents in the middle of the citation distribution; the numbers of uncited and highly cited patents do not change significantly
3 June 2015 - Eurosites George V, Paris
HEC Paris is happy to welcome you to the Thought Leaders in Customer Engagement and Customer Relationship Management Conference. This event is organized in conjunction with the Marketing Science Institute and Journal of the Academy of Marketing Science special issue on Understanding and Managing Customer Engagement Using Customer Relationship Management (CRM).
Professor of Information, Operations and Management Sciences and Professor of Marketing , New York University's Leonard N. Stern School of Business
3 June 2015 - HEC - Jouy-en-Josas Campus - Building V - Council Room - From 11:00 am to 12:00 pm
The explosive growth of smartphone and location-based services (LBS) has contributed to the rise of mobile advertising. In this talk, we will present results from multiple studies in Europe and Asia that are designed to measure the effectiveness of mobile marketing promotions. In the first randomized field experiment, using data from a location-based app for smartphones, we measure the effectiveness of mobile coupons. The aim is to analyze the causal impact of geographical distance between a user and retail store, the display rank, and coupon discounts on consumers’ response to mobile coupons. In a second large scale field study where we exploit a quasi-natural experiment we examine the role of contextual crowdedness on the redemption rates of mobile coupons. We find that people become increasingly engaged with their mobile devices as trains get more crowded, and in turn become more likely to respond to targeted mobile messages. The study results were consistent across peak and off-peak times, and on weekdays and weekends. The change in behavior can be accounted for by the phenomenon of “mobile immersion”: to psychologically cope with the loss of personal space in crowded trains and to avoid accidental gazes, commuters can escape into their personal mobile space. In turn, they become more involved with targeted mobile messages they receive, and, consequently, are more likely to make a purchase in crowded trains. These studies causally show that mobile advertisements based on real-time static geographical location and contextual information can significantly increase consumers’ likelihood of redeeming a geo-targeted mobile coupon. However, beyond the location and contextual information, the overall mobile trajectory of each individual consumer can provide even richer information about consumer preferences. In the third study, we propose a new mobile advertising strategy that leverages full information on consumers’ offline moving trajectories. To examine the effectiveness of this new mobile trajectory-based advertising strategy, we designed a large-scale randomized field experiment in one of the largest shopping malls in the world. We find that mobile trajectory-based advertising can lead to highest redemption probability, fastest redemption behavior, and highest transaction amount from customers at the focal advertising store as well as in the shopping mall. Our studies help firms better understand the question of which kinds of mobile advertising are most effective and how machine learning techniques can be combined with statistical models and field experiments to offer the right product to the right audience at the right time on the right channel.
HEC Paris - 1, rue de la Libération
78351 Jouy en Josas Cedex
Phone: +33 (0)188.8.131.52.00
Fax: +33 (0)184.108.40.206.00