Specialization in Strategic Management

The specialization in Strategic Management is supported by top international consulting firms, leading companies and investment banks actively involved in the curriculum through business cases and numerous real-life company projects. Participants from all around the world will benefit from the specialization’s international exposure.

Key features HEC Paris Strategic Management specialization

Key Features

Today’s business environment is constantly and rapidly changing. Globalization, the financial crisis, the development of digital business models and emerging markets are causing drastic uncertainty among well-established organizations. Firms need to be efficient in their response, while embracing technological change and undertaking strategic action such as mergers, acquisitions and alliances.

These challenges signify a growing demand for strategic skills and high standard technical training. 

That’s why the Strategic Management specialization covers a wide range of topics focusing on internal and external strategic analysis, as well as on the structure/organization of companies.

A Diverse Student Body

Comprised of students from 25 nationalities, this specialization is a real opportunity to interact with people from a wide range of cultures and backgrounds. Through group projects and events, students absorb a fantastic variety of knowledge and experience from their fellow classmates.

Constant Interaction with International Leading Companies

Students interact regularly with international firms (consultancy, industry, services) through numerous workshops and conferences. They also have the opportunity to take on an optional company project, where they tackle a real-life strategic issue alongside an industry professional or consultancy firm.

The ‘real-life’ knowledge students learn throughout the curriculum results in an extremely high placement success rate.

Career Outlook

100% of our annual graduates in Strategic Management find employment within 3 months. This success can be attributed to strong academics, in-depth interview preparation and extensive networking and career events. While the majority of students choose to pursue consulting, this specialization is also geared towards finance, business development, venture capital and project management just to name a few. Attracting top consulting and industry players from around the world, the specialization in Strategic Management provides students with an invaluable network and the frameworks of strategic thinking necessary for a successful career in the industry and as a top manager.

The Curriculum

Strategic management is essential to company growth and survival, while encompassing two main components:

  • Strategic analysis - Identification of major trends and sources of opportunities:
    ‘External analysis’ consists of identifying the forces that constrain a firm –be it from the industry or from competition- and determining the course of action in order to reach sustainable success.
    ‘Internal analysis’ refers to identifying performance leverages within a firm by assessing the available resources and determining ideal paths for optimal performance.
  • Structure and organization - How a company is designed and manages projects, including central functions such as planning, management control and information systems. It also deals with employees’ commitment, corporate values and culture.

The Strategic Management Specialization’s curriculum covers these two main fields through 30 courses and electives. It is common with HEC’s MSc in Strategic Management. Both populations of students are grouped within the same promotion and have access to the same courses.

Flexible Yet Comprehensive Course

With a choice of almost 20 electives, students are able to adjust their curriculum to suit their own professional goals. They can also complete a certificate program at the end of their masters, thus expanding their knowledge of another related area of interest.

Core Courses

  • Business Strategy
  • Cometing for Advantage
  • Deciding Strategically on the Scope of the Firm
  • Financial Dimension of Strategic Decisions
  • Strategy Implementation
  • Case Cracking
  • Core Methodologies
  • Research and Writing Tools for Thesis
  • Strategic Analysis of Negotiation Games.

Elective Courses

  • Business Analytics
  • Business Plan Workshop
  • Creativity and Innovation
  • Designing and Managing Processes for Competitive Advantage
  • Digital Transformation, Media and Beyond
  • From Digital to Big Data
  • Innovative Business Models for Sustainability
  • Internet-Based Business Models
  • Issues in Offshoring Strategy
  • Learning in Organizations
  • Managing Global Complexity
  • Managing Public-Private Partnerships: Strategic and Organizational Issues
  • Project Management
  • Private Equity Strategies
  • Reinventing a Consulting Strategy Firm
  • Strategic Aspects of Mergers and Acquisitions
  • Strategic Challenges in Creative Industries
  • Time to Reorganize (MOOC).

Workshops with Firms and Conferences

Leading consulting firms actively participate in workshops throughout the year, both on campus and in their local offices. Consultants present their activities and methodologies as well as supervising case study sessions, for a complete immersion in real-life business.

Additionally, many leaders from the industrial and service sector are involved in the curriculum, sharing their experience in policy matters. This allows students to interact with CEOs, Business Unit Managers and Directors of Strategy of large companies.

Examples of companies participating in these workshops (non-exhaustive list):

  • Accenture
  • AD Little
  • AT Kearney
  • Bain & Co
  • Boston Consulting Group
  • McKinsey & Company
  • Oliver Wyman
  • Roland Berger.

Globstrat

Globstrat is a 3-day business simulation in which teams of 5 participants are in charge of managing virtual companies that compete in international markets. Teams will have to make multiple strategic decisions in different areas, e.g. product portfolio, pricing, advertising, marketing, international expansion, and innovation.

Company Project

In parallel of the electives, the students have the possibility to complete a 10-week part-time Company Project. Starting in January, this project is proposed by a company facing a real-life, concrete strategic issue. In many cases, the project is an opportunity to deal with demanding clients. Supervised by a professor, the student groups complete their study and deliver their results and recommendations to the firm’s top management.

As a result, the students can either choose to follow only electives or to combine the Company Project with their choice of electives. The objective is to offer them a tailor-designed curriculum matching their interest and career ambitions.

Study Trip

Students have the opportunity to go on study trip during the program with company visits and networking events.

Professional Experience

The professional experience requirement is satisfied through the completion of at least 4 months in a course-related field. It is, however, important to stress that this professional experience may not be an internship per se but a full-time job.

Academic Team

Program Faculty

Around 50% of courses are taught by academic professors and researchers from HEC Paris and other universities and around 50% taught by professionals holding key positions in the private or public sector: