Skip to main content
About HEC About HEC Faculty & Research Faculty & Research Master’s programs Master’s programs MBA Programs MBA Programs PhD Program PhD Program Executive Education Executive Education Summer School Summer School HEC Online HEC Online About HEC Overview Overview Who
We Are Who
We Are
Egalité des chances Egalité des chances Career
Center Career
International International Campus
Life Campus
Sustainability Sustainability Diversity
& Inclusion Diversity
& Inclusion
Stories Stories The HEC
Foundation The HEC
Coronavirus Coronavirus
Faculty & Research Overview Overview Faculty Directory Faculty Directory Departments Departments Centers Centers Chairs Chairs Knowledge Knowledge Master’s programs Master in
Management Master in
MSc International
Finance MSc International
Masters Specialized
programs X-HEC
programs Dual-Degree
students Visiting
Certificates Certificates Student
Life Student
Stories Student
MBA Programs MBA MBA Executive MBA Executive MBA TRIUM EMBA TRIUM EMBA PhD Program Overview Overview HEC Difference HEC Difference Program details Program details Research areas Research areas HEC Community HEC Community Placement Placement Job Market Job Market Admissions Admissions Financing Financing Executive Education Executive Masters Executive Masters Executive Certificates Executive Certificates Executive short programs Executive short programs Online Online Train your teams Train your teams Executive MBA Executive MBA Summer School Youth Programs Youth Programs Summer programs Summer programs HEC Online Overview Overview Degree Program Degree Program Executive certificates Executive certificates MOOCs MOOCs

Strategy and Business Policy

The Strategy and Business Policy specialization addresses why and how firms garner and sustain a competitive advantage, and how they can benefit from adapting to and leading societal and technological change.

Arnaud Cudennec, HEC PhD 2020, Strategy and Business Policy
The PhD program recruits small cohorts of students each year, which encourages emulation, moral support and friendship. We also collaborate hand-in-hand with faculty members who gradually consider us as peers.   

Arnaud Cudennec

Assistant Professor, The Hong Kong Polytechnic University


The Strategy and Business Policy specialization addresses why and how firms garner and sustain a competitive advantage, and how they can benefit from adapting to and leading societal and technological change.

Topics covered include innovation, organization, competition, and institutional problems. Particular emphasis was recently placed on alliances, M&A, integration strategies, institutional changes, social responsibility, entrepreneurship and technology strategy.

Main specialization field courses (non-exhaustive list) 

  • Behavioral Strategy
  • Corporate Strategy    
  • Category Research in Strategy Taking stock and Future Perspectives
  • Competitive Strategy and Firm Heterogeneity  
  • Economics of Strategy
  • Foundations of Strategy
  • Innovation Strategy
  • Sociology of Strategy
  • Value based Strategy and Formal Modelling
  • See global course examples here

Students may join courses from other specializations to broaden their knowledge.


Research Seminars

Most academic departments organize research seminars on a regular basis as well as many other academic events. Students are encouraged to join these seminars already from the first year of studies. They give students a good idea of what they are expected to produce. They are also a good way to socialize with the professors of the departments and the other PhD students. Most of these research seminars are available to all PhD students from all specializations.


Special Fellowship

The Strategy and Business Policy Department invites applications for a Special PhD Fellowship within the research area of "Purposeful Leadership". This Special Fellowship awards 5.000 euros annually in addition to the HEC Foundation PhD Research Fellow scholarship of 20.000 euros for a period of up to five years. Read more here.


If you missed the latest webinar, please contact us to receive the video recording here.

PhD Coordinator

Olivier Chatain Picture
Olivier Chatain
Associate Professor of Strategy and Business Policy

Current students                   Department website                   Placement

Read on knowledge

social entrepreneurship - adobe stock
Social Innovation

How to Manage Innovators for the Public Good

By Marieke Huysentruyt

July 07th, 2021
Indicators, indexes and rankings: when numbers challenge legal analysis by David Restrepo-Amariles ©Fotolia

Indicators, Indexes and Rankings: When Numbers Challenge Legal Analysis

By David Restrepo Amariles

May 12th, 2021