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The HEC Foundation

A government-recognized public-interest organization, founded in 1972, the HEC Foundation contributes to the development of strategic academic projects at HEC Paris through the funding of student scholarships, entrepreneurship, digital transformation, social responsibility and international diversity.

PhD - image - financing - fondation

The HEC Foundation  provides generous funding to stimulate top-level academic research at HEC Paris. It offers ample research grants to professors and other researchers at HEC Paris. Many of these research fundings offered in annual or multiyear grants benefit HEC Paris' PhD students who collaborate in the funded projects. 

Supported by individual Alumni and over 40 corporate partners, the HEC Foundation is the main source of funding for PhD students.


The HEC Foundation PhD Dissertation Award

The annual “HEC Foundation Awards Ceremony” awards HEC Paris students for the academic rigor of their analyses and for the pertinence of their work for the business world. 

List of  “Doctoral Dissertation Award” winners: 



Junli Zhao, Finance,
Essays on intermediation in financial markets
Supervisor: Professor J-E. Colliard


Fei Gao, Marketing,
Improving consumer welfare with marketing interventions.
Supervisors: Professors T. Lowrey and LJ Shrum


Romain Boulongne, Strategy and Business Policy,
When is ambiguity favorable? An experimental and theoretical investigation of multiple categorization process in markets.
Supervisor: Professor R. Durand



Yin Wang, Accounting and Management Control, 
Essays on Corporate Disclosure. 
Supervisor: Professor V. Capkun



Cedric Gutierrez Moreno,  Strategy and Business Policy, 
Three essays on entrepreneurial decision making. 
Supervisors: T. Astebro and M. Abdellaoui


Anne Jacqueminet, Strategy and Business Policy, 
Heterogeneous implementation of CSR in an MNE: the role of subsidiaries’ institutional contexts and behaviors. 
Supervisor: R. Durand


Boris Vallée, Finance, 
Three Essays on Financial Innovation. 
Supervisors: U. Hege and C. Pérignon


Jérôme Dugast, Finance,
Essays in Financial Market Microstructure. 
Supervisor: T. Foucault


Ilze Kivleniece,  Strategy and Business Policy,
Public-Private Ties : Three Essays on Public-Private Boundary Choices, Governance Tradeoffs and Value Implications.
Supervisor: B. Quelin


Julien Jourdan, Strategy and Business Policy,
Logic Duality, Conformity, and Survival in the French Film Industry, 1987/2008. 
Supervisor: R. Durand