Annual report
Quickly access our various projects and highlights of the year 2024:
- 2024 highlights
- The 3 highlights of the year
- Your impact on the inclusion of French talents
- Your impact on the inclusion of international talents
- Your impact on knowledge production
- Your impact on innovation & entrepreneurship
- Your impact on contribution to common good
- The corporate partners of HEC Paris in 2024
- Sheltered foundations & scholarship funds
- Contact us
Introduction from the President of the HEC Foundation
Thanks to your generosity, our support for the School’s projects reached an unprecedented level of €17M in 2024. We are profoundly grateful for your trust and support! Your impact, along with that of your companies, is fundamental to the School’s model, supporting and strengthening Equal Opportunity programs and providing the necessary impetus for new strategic initiatives.
President of the HEC Foundation

2024 highlights

Crossing the finish line together in this Olympic year is a beautiful symbol for all of us! More than the result, these five last years have been an extraordinary collective and human adventure; of course, we were driven by a deep commitment to proudly represent HEC, in service of the public mission that inspires us and whose impact we seek to expand.
Executive Director of the HEC Foundation
The 3 key events of the year

Driven by its mission of public interest, HEC Paris has been revealing talents from all backgrounds for decades and producing inspiring research, with the primary mission of educating, innovating, and acting in the service of sustainable and shared prosperity. By supporting HEC, you help advance the School, but more importantly, you significantly amplify the impact of your donations on society. Your support is a token of trust, and I would like to warmly thank you for it.
Dean of HEC Paris
A message from the President of HEC Alumni
Our community has demonstrated its commitment through numerous initiatives, and the closing evening perfectly captured the spirit of the HEC Foundation and the reasons why we come together.
President of HEC Alumni


2024 PROJECTS FINANCED BY THE HEC FOUNDATION
Thanks the generosity of our donors, the Foundation was able to fund €17.1 million in 2024 allocated to various programs and close the Impact tomorrow 2019-2024 campaign with a counter reaching €213M!
See all the campaign projectsYour impact on the inclusion of French talents
For 18 years, we have been passionately committed to promoting social openness and diversity! Revealing talents is at the heart of our mission, and thanks to our scholarship and support programs, we assist many young people from high school and preparatory classes, whether they join HEC or not. In a world where inequalities continue to grow, it is crucial to broaden horizons and redouble our efforts to maximize the impact of our programs. Thank you wholeheartedly for supporting us in this essential mission!
The 'HEC for All' preparatory scholarship program, open to all high schools in France since 2019, has enabled 584 students to approach the competitive exam period with greater peace of mind.
Making the ambitious choice to join a business school after preparatory classes offers many opportunities, but when you come from a modest background, you cannot completely ignore the financial aspect. Thanks to the HEC Foundation scholarship, the costs associated with the oral exams at the schools were greatly reduced. A few months before the exams, I approached the final stretch much more calmly and was able to be accompanied by someone close to me, which, after two intense years of boarding school prep, was very much appreciated. Today, I realize how crucial this support was in my admission to HEC.
I would like to thank the HEC Foundation for its involvement in the success of our students and its constant concern for reaching out to preparatory students from the provinces. Beyond the material assistance these scholarships provide, this good news, arriving just before the exams, undoubtly gives them an extra boost of motivation!
Elisabeth Lecat Quentric, Professor at Lycée Chateaubriand, Rennes
The PREP Étoile program supports second-year preparatory class students who have the academic potential to aim for HEC but do not dare to believe in their ability to join a Grande École. They are supported throughout the year by a tutor who is an HEC student and have access to online events, exchange sessions, and inspiring meetings. Each cohort is sponsored by a donor from the HEC Foundation committed to Equal Opportunity.
From prep class to campus
31%
recipients in preparatory classes have joined a top 5 Business School
7
students from Prep Etoile * have joined HEC
117
High School students participated in the Eloquentia@HEC summer camp on campus
Your impact on the inclusion of international talents
To train talents capable of tackling global challenges, HEC Paris implements international equal opportunity programs that promote inclusion by building bridges between cultures through programs such as HEC Imagine Fellows, PACT Afrique, and the CMA CGM Excellence Fund for Education. Thanks to the Laidlaw Foundation, we can now offer women with exceptional backgrounds but facing financial obstacles the opportunity to pursue an MBA at HEC Paris. It is a great pride to attract and train exceptional talents every year, from all origins and backgrounds!
The aim of PACT Afrique is to help young African talents from the most renowned institutions in the Ivory Coast, Cameroon and Gabon to prepare for the written and oral entrance exams to the 2nd year of the Grande Ecole program. This equal opportunity scheme is run by the HEC Office in the Ivory Coast.
Thanks to the commitment of donors and corporate partners such as Schneider Electric, as well as Alumni mentors, the scheme enabled to some 1,800 young people locally in 4 years.
The support from the Foundation has been invaluable: it allowed us to prepare for the HEC entrance exams in the best conditions and with peace of mind. This experience has been extraordinary! In fact, without this support, getting into HEC Paris would have been much more difficult, and I feel immense gratitude towards the donors and those involved in the PACT Afrique program. In turn, I want to follow this example and reach out to other young people who dream of joining an excellent school like HEC Paris.
Each year, ten candidates with exceptional paths but facing financial hurdles will be selected to receive a scholarship covering all their tuition fees. They will then benefit from mentorship and dedicated networking opportunities to build their contacts and excel as business leaders. To apply: Liesbet Corriveau : corriveau@hec.fr
ou www.hec.edu/en/laidlawscholarsprogram
I grew up in India where my parents worked hard to support me. Today, it is thanks to the Laidlaw Foundation scholarship that I can pursue an MBA at HEC and achieve my dream. I grew up in an environment where female leadership was not encouraged, so receiving this scholarship as truly transformed my life and ambitions. It has allowed me to discover new perspectives, build relationships far beyond the professional sphere, and be accompanied by mentors who inspire and challenge me. It reminds me how essential inclusion is!
The crisis in Lebanon has affected us all, and honestly, getting into HEC Paris was my dream. The CMA CGM scholarship was truly the catalyst that allowed me to come study in France. I am very grateful for this support. The trust that CMA CGM has placed in me and their commitment to Lebanese youth are very inspiring. I feel the need and desire to give back to my country what it has given me, either by supporting it financially or by helping other talents pursue their studies, because education is a right for everyone.
Equal opportunity has no boundaries
4
first graduates HEC Imagine Fellows in june 2024
50
students from Côte d'Ivoire, Gabon, and Cameroon admitted to HEC in M1 thanks to PACT Afrique, of whom 7 are now Alumni.
135
nationalities represented on campus
Expanding the horizons of Knowledge
Enabling HEC Paris to invest in the excellence of its faculty is a priority for the Foundation. Thanks to philanthropy, HEC Paris pushes the boundaries of knowledge, produces new insights, and strengthens its influence on managerial practices and societal debates. From the Grande Ecole to Executive Education, these new insights enrich academic programs and enhance HEC’s attractiveness to students and companies seeking innovative and distinctive content.
46
publications in A-ranked scientific journals in 2024
140
research professors out of 167 permanent professors ; 60% are international
12
new research projects supported, bringing the total number of projects supported by the HEC Foundation to 50 in 2024

A big thank you to the patrons who help us develop Centers and Institutes of Excellence like Hi! PARIS, which won the Cluster IA project call to become one of the world’s first global hubs for research, training, and innovation in AI for the benefit of society. The funds from corporate or individual patrons directed towards Research are essential for ensuring the continuous development of HEC and allow researchers to produce new knowledge on strategic topics. We would like to acknowledge the remarkable work of the Research Committee, which each year encourages and funds the research work of HEC Paris professors. Dean of Faculty, HEC Paris
Your impact on knowledge Production
27 chairs, including 9 directly funded by the HEC Foundation and 18 by companies, individuals or other foundations
The economic world is evolving rapidly. The financial community questions performance every quarter. While being aware of this reality, it is crucial to take the time for perspective, reflection, understanding behaviors, aspirations, and new myths. The Chair Turning Points: From Aspiration to Inspiration perfectly fulfills this objective. It is essential.
Cyrille Vigneron, Chairman of Cartier Culture and Philanthropy
HEC Paris has firmly committed to strong values for its future, and it is wonderful to see that these are shared by our partners. For the past four years, Maison Cartier has been part of our ecosystem, and the activities of this Chair in partnership with ESCP are a renewed testament at each event organized together. The great open-mindedness of the Maison, its critical spirit in the face of the profound changes our industrial societies are undergoing, make it a choice interlocutor for the world of Research. It is a privilege to be entrusted with the reins of this partnership.
Anne-Laure Sellier (H.95), Professor holding the Cartier Chair
Your impact on innovation & entrepreneurship
Building on HEC’s entrepreneurial DNA, the Innovation & Entrepreneurship Institute (IEI) supports entrepreneurs, from their training to managing their company’s growth, with a clear objective: to help them amplify their ambition and realize their potential. A pioneer in entrepreneurship education, HEC Paris can rely on a powerful ecosystem. Today, the School offers around thirty dedicated programs, providing comprehensive and personalized support at every stage of the entrepreneurial journey, through three centers of expertise: incubation & acceleration, deep tech, and social entrepreneurship. These programs are designed to inspire, train, and support students and entrepreneurs, providing them with the tools and resources necessary to succeed in an ever-evolving world.
Founded 13 years ago at the University of Toronto, the Creative Destruction Lab (CDL) is present in a dozen partner business schools around the world. Each school operates programs to support tech start-ups, in which their MBA students are integrated. HEC Paris joined this network 5 years ago and now manages 5 thematic accelerators.
HEC has made CDL-Paris a true asset for students and researchers, who benefit from a powerful, high-level, and international ecosystem. By bringing together students, experts, investors, and mentors to work on concrete cases addressing current issues, this program creates bridges between the business world and the scientific world, benefiting society as a whole.
Neurobus was born from the ambition to reinvent embedded AI and autonomous systems by drawing inspiration from the principles of human biology. The HEC incubator and the CDL program immersed us in a demanding ecosystem where ambition goes hand in hand with rigor. This support has allowed us to structure our vision, refine our deeptech strategy, and engage in concrete discussions with investors, industry leaders, and key institutional players.
Florian Corgnou (EMBA.24), Co-founder of Neurobus
The HEC MBA is about more than classroom experiences, and nothing exemplifies this better than CDL. Students work directly with entrepreneurs and innovators who are defining and solving the world’s most important problems—including artificial intelligence, climate, space, next-generation computing, —and then scaling solutions to make a real impact. With CDL, our students start leaving their mark on the world well before they graduate.
Brad Harris, Associate Dean of MBA & EMBA programs, HEC Paris
Fostering Innovation and Entrepreneurship
4th
The I&E Institute is ranked 4th among start-up hubs in Europe by the Financial Times et 2nd in France
16
unicorns worldwide originated from HEC's entrepreneurial ecosystem, including 14 which are still un operation
+1000
experts and professors are involved in the IEI Institue
Your impact on common contribution to common good
Founded in 2008 by Professor Rodolphe Durand (H.93 - D.97), the S&O Center has become an interdisciplinary institute bringing together more than 60 professors and researchers within three centers: Purpose, Inclusive Economy, and Climate & Earth. Today, the academic direction of the Sustainability & Organizations Institute has been entrusted to Marieke Huysentruyt. Her mission: to contribute to the understanding of major current issues, support change-makers, and prepare future generations of leaders for the major challenges of the ecological and social transition, thanks to the support of corporate patrons and committed donors.
In April, more than 300 people gathered for HEC Paris’s first immersive experience, aimed at exploring the role of business decisions in driving a socially just transition. The objectives are multiple: guiding corporate decision-making and action, redefining impact leadership, building a global community, facilitating a just transition for all...
This experiment began in Kinshasa, one of the eight selected megacities. Students, researchers, and business leaders were immersed in scenarios highlighting the challenges and opportunities of megacities that could materialize 26 years later.
The 2050NOW initiative is one of the five winners of the Financial Times Responsible Business Education Award.
Thinking about the future means shifting perspectives and opening up new promises of progress and understanding. Engaging with academics and students leads to immersing in new paradigms and allowing oneself to be questioned. For over 15 years, Schneider Electric has chosen to closely collaborate with the work of the S&O Institute to challenge the design of its Impact programs.Since Schneider has been named ‘the most sustainable company’ by Corporate Knight for the second time, this partnership is indeed bold.
Gilles Vermot-Desroches, Chief corporate Citizenship Officer, Schneider Electric

One of the strengths of the Institute lies in the incredible network of professors and researchers we can rely on, and I am very grateful for all the progress made so far. Our community extends beyond this, andwe can count on the valuable support of corporate patrons, alumni, and private donors who help us broaden our thinking and increase our impact. I would like to take this opportunity to acknowledge the commitment of the HEC Foundation, which, through its support or by awarding prizes, values the work of professors and encourages them to develop new teaching methods. A big thank you to everyone for your commitment alongside HEC on the central themes of the Sustainability & Organizations Institute. Professor of Strategy, Academic Director of the S&O Institute and its Impact Company Lab, HEC Paris
Towards a fair and sustainable transition
+2000
participants per year for all the programs of the S&O Institute
1/4
hours of teaching at HEC cover environmental, social and governance (ESG) topics
50%
of the cases produced at HEC are related to themes supported by the S&O Institute

HEC PARIS : A STRONG LINK WITH CORPORATE PARTNERS
HEC Paris, via its Corporate & Public Partnerships and career Center teams maintains a tradition of cooperation with the business world, reflected in annual memberships, funding for teaching and research chairs, and support provided for collaboratively defined projects.
Learn more about corporate partnersA valuable support
These major transformational donations are used to fund large-scale projects, infrastructure or endowments that create a considerable impact on the development and influence of HEC Paris.
The worlds of teaching, research and business come together in our Corporate Initiatives and Research Chairs. For the School, these programs are a means to promote research and student training in previously identified fields. They are designed to provide companies with resources to respond to their strategic challenges and boost their innovation capacity.
Creating a Corporate Initiative or Research Chair in your name is a unique opportunity to stand out from your competitors on major strategic issues and to be a pioneer with a vision!
Each of our Centers and Institutes is based on a three-pronged approach: research, teaching and action, and focuses on a major cross-disciplinary theme through extensive interaction with students and leading academic and business players.
HEC Paris and Institut Polytechnique de Paris (IP Paris) created Hi! PARIS, an interdisciplinary and inter-institutional center that combines research, education and innovation to address the key challenges of digital transformation and its impact on business and society.
The Entrepreneurship & Innovation Institute contributes to boosting the renown of HEC Paris in innovation and entrepreneurship. It supports innovators and entrepreneurs who receive training via one of the 20 programs.
An interdisciplinary institute focused on 3 main aspects: Purpose, Inclusive Economy and Climate & Earth. Its members study and teach the present-day challenges facing organizations and how the latter influence society.
The aim of Sustainability & Organizations (S&O) Institute is to reinvent the business world by promoting sustainability and freeing human potential through several key aspects including the Purpose Center, the Inclusive Economy Center, the Climate & Earth Center and the Impact Company Lab.
Stemming from the belief that finance can help resolve the economic, technological, climate and social issues of today and tomorrow, this Center was launched in 2023 thanks to the commitment of Rothschild &Co, followed later by BNP Paribas and Accuracy, whose support is fully devoted to this center.

News of Sheltered Foundations & scholarships Funds
By creating a scholarship fund or a sheltered foundation under the aegis of HEC Foundation, patrons make an outstanding philanthropic gesture, with a high short-term impact on projects led by the Foundation and an invaluable long-term effect.
Learn moreDo you have a question? Do not hesitate to contact us!


