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49-469: Jouy-en-Josas is home to the main campus of HEC School of Management (HEC Paris). Jouy-en-Josas is four kilometres to the south-east of Versailles , and 19r km to the south-west of Paris , in the middle of the valley of the Bièvre river . A town with nearly eight thousand inhabitants, half of Jouy-en-Josas is covered by forest. The communes that surround Jouy-en-Josas are Vélizy-Villacoublay , to

98-595: A Mastère spécialisé program. The HEC UK House has been inaugurated in March 2023. Close to Covent Garden , the campus is dedicated to the alumni network and conferences. It also has a library and a creative lab. The school alumni association, Association des diplômés HEC Paris , was founded in 1883 and gathers alumni of the different institutions of the HEC Group: École HEC Paris, MBA HEC Paris, HEC Paris Executive MBA, Mastères HEC Paris and Doctorat HEC Paris. Each degree

147-639: A 19th-century château , which is currently used for Executive Education classes. HEC Paris in Qatar is a remote campus of HEC Paris, located in Doha , the capital of Qatar . HEC Paris in Qatar is the result of an agreement between HEC Paris and the Qatar Foundation . HEC Paris in Qatar campus is located in the “ Tornado Tower ” in the heart of the “West Bay” financial centre of the city of Doha. HEC Qatar offers four types of programs, including an Executive MBA and

196-476: A bachelor's degree is tuition-free at public intuitions in several countries: Austria , Cyprus , Czech Republic , Denmark , Estonia , Finland , Germany , Greece , Malta , Montenegro , Norway , Poland , Scotland , Slovakia , Slovenia , Sweden , Turkey . In the German education system , most universities do not charge tuition, except for some executive MBA programs. French tuition fees are capped based on

245-668: A defined number of ECTS credits. Grande école business schools are elite academic institutions that admit students through an extremely competitive process, and the PGE ( Programme Grande École ) ends with the degree of Master in Management (MiM). Some business schools structure their teaching around the use of case studies (i.e. the case method ). Case studies have been used in graduate and undergraduate business education for nearly one hundred years. Business cases are historical descriptions of actual business situations. Typically, information

294-507: A degree in entrepreneurship for more than 40 years, by creating HEC Entrepreneurs in 1977, which has today become the MSc X-HEC Entrepreneurs, in partnership with École Polytechnique . Between 2004 and 2013, the percentage of entrepreneurs per class jumped from 10% to 25%. In 2007, HEC Paris created Incubateur HEC Paris, its startup incubator dedicated to supporting alumni-created startups. Currently directed by Antoine Leprêtre,

343-423: A factory there, which produced toile de Jouy , a cotton fabric printed with isolated engraved vignettes of historical figures or landscapes, usually printed in red or green on white cotton. He became the town's first mayor in 1790. Industry started to wane in 1799 and even further in 1815, when Napoleon was toppled and Oberkampf died. Oberkampf's motto, " Recte et Viligenter ", Latin for "Uprightness and Vigilance",

392-587: A premium rate for MBAs. All private and autonomous institutions in Europe charge tuition. In the United States, most public college and universities charge tuition. According to the CollegeBoard, the average cost for an out-of-state, or international student, to attend a public four year university in 2020 was $ 38,330 (€32,409), while the average in-state cost was $ 21,950 (€18,559). Two year public universities, such as

441-499: A third found their first job abroad. In 2015 the school adopted a new legal statute to allow private investors to join the board of directors. In 1988, HEC founded the CEMS network with ESADE , Bocconi University and the University of Cologne . On 1 July 2008, HEC Paris joined ParisTech and then Paris-Saclay University as a founding member. The university campus of Jouy-en-Josas, in

490-600: Is a business school and grande école located in Jouy-en-Josas , a southwestern outer suburb of Paris , France . It offers Bachelor , MiM , MSc in International Finance , MBA , EMBA , executive education , professional development , professional certification , and PhD programs. HEC Paris is the founding member of CEMS - Global Alliance in Management Education and is triple accredited by

539-422: Is a higher education institution or professional school that teaches courses leading to degrees in business administration or management . A business school may also be referred to as school of management , management school , school of business administration , college of business , or colloquially b-school or biz school . A business school offers comprehensive education in various disciplines related to

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588-486: Is a program created by HEC Paris and delivered partly on Coursera . 100% online, it takes 18 months. The first students were admitted in March 2017. Formerly (until 2002) Centre de perfectionnement aux affaires , the HEC Executive MBA is a program for top executives with a minimum of 8 years of corporate experience, which prepares them for general management positions (the average background experience of students

637-642: Is about 14 years). The Executive MBA is a multi-site program offered in Paris (France), Beijing (China), St Petersburg (Russia) and Doha (Qatar). The courses are split between theory, case studies, strategic projects, leadership training, EU community campus and foreign exchanges in the US and Asia. Program partnering universities are NYU, UCLA, Babson College in the US, Tsinghua University in China and Nihon University in Japan. HEC also offers

686-468: Is associated with a letter and the year of graduation. In 2017, HEC Alumni were ranked by The Economist as the 2nd most powerful business school alumni network in the world. The institution is featured in many works. Association of Wrongdoers , a 1987 film by Claude Zidi , features former students. 48°45′29″N 2°10′13″E  /  48.75806°N 2.17028°E  / 48.75806; 2.17028 Business school A business school

735-419: Is composed of some 250 students – 90% of whom are international students – with more than 52 nationalities represented in the 2017 graduating class. The selection process seeks a balance between academic achievement, professional experience, international exposure, and personal motivation. Knowledge of French is not an entry requirement, but participants are highly encouraged to have a basic knowledge of French by

784-739: Is home to both traditionally French small businesses and to artisans. The area around Petit Robinson has also attracted many tertiary industries. Jouy-en-Josas is home to a number of eminent higher education and research centres, such as HEC School of Management , the CRC (Centre for Managerial Research and Studies), and the INRA (National Institute for Agronomic Research.) Jouy-en-Josas is served by two stations on Paris RER line C : Vauboyen and Jouy-en-Josas . HEC Paris HEC Paris ( French : École des hautes études commerciales de Paris , lit.   'Paris School of Advanced Business Studies')

833-536: Is presented about a business firm's products, markets, competition, financial structure, sales volumes, management, employees and other factors influencing the firm's success. The length of a business case study may range from two or three pages to 30 pages, or more. Students are expected to scrutinize the case study and prepare to discuss strategies and tactics that the firm should employ in the future. Three different methods have been used in business case teaching: When Harvard Business School started operating in 1908,

882-495: Is the Tepper School of Business at Carnegie Mellon University . The goal is to provide students a set of tools that will prepare them to tackle and solve problems. Another important approach used in business school is the use of business games that are used in different disciplines such as business, economics, management, etc. Some colleges are blending many of these approaches throughout their degree programs, and even blending

931-681: The Conférence des Grandes Écoles and by the Ministry of National Education . HEC Paris is also triple accredited by the European Foundation for Management Development (EQUIS) , the Association to Advance Collegiate Schools of Business (AACSB) , and the Association of MBAs (AMBA) . Higher education business degrees in France are organized into three levels thus facilitating international mobility:

980-541: The Association to Advance Collegiate Schools of Business , the Association of MBAs , and the EFMD Quality Improvement System ). Founded in 1881 by Gustave Emmanuel Roy , president of the Paris Chamber of Commerce (CCIP), with 57 students in its first class, the École des hautes études commerciales de Paris (HEC) aimed to be in the fields of management and commerce what the École Centrale de Paris

1029-565: The Bologna Process in order to facilitate international mobility: bachelor's , master's and doctorates . The details of how degrees are organized vary between countries and institutions, but in terms of ECTS credits , where 60 credits represents a full academic year's work, a bachelor's degree typically requires 180–240 credits and a master's degree 90–120 credits. In France, those levels of study include various "parcours" or paths based on UE ( unités d'enseignement or modules), each worth

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1078-433: The Jouy-en-Josas campus. The MSc in International Finance is ranked #1 worldwide for pre-experience programs (2020 FT Rankings). The MBA program, created in 1969, has two intakes: September and January. HEC's MBA consists of a 16-month-long curriculum, with 8 months of core courses and 8 months of a customized program, including several specialization options, exchange programs, and fieldwork projects. A typical class

1127-475: The Licence ( Bachelor's ), Master's , and Doctorate degrees. A Bachelor's degree requires the completion of 180 ECTS credits ( bac + 3); a Master's, requires an additional 120 ECTS credits ( bac + 5). HEC Paris offers a bachelor's degree since October 2023. Its highly coveted PGE (Programme Grande École or Grande École program ) ends with the awarding of Master's in Management (MiM) degree. Outside of

1176-651: The PGE , students at HEC can be awarded other master's degrees, such as the MBA (bac + 5), or a PhD (bac + 8). Announced in October 2023, the school offers a Bachelor of Arts in partnership with Bocconi University in Milan. Focused on Data, Society & Organizations, it combines data sciences and social sciences . Students spend the first three semesters in Italy and the last three in France on

1225-504: The Yvelines department, is located in the northern part of the technological cluster of Paris-Saclay , which brings together a quarter of French public research. HEC Paris is part of the network of graduate schools of business (ESC) in the Paris Île-de-France area, together with ESSEC and ESCP Business School. In 2016, the school adopted a new legal status and became a public-private partnership ( École consulaire or EESC), largely financed by

1274-587: The TRIUM Global Executive MBA programme jointly with Stern School of Business of NYU and the London School of Economics . It is divided into six modules that are held in five international business locations over 16 months. HEC Paris is also participating in the new wave of distance learning , by creating its own online training courses via MOOCs available on Coursera . HEC Paris has several centres of research: The school has been offering

1323-685: The United States: ACBSP , AACSB , and the IACBE . In Europe , the EQUIS business school accreditation system is run by the EFMD , which sometimes applies the more narrow EPAS label to specific courses. The AMBA accredits MBA programmes and other post-graduate business programmes in 75 countries; its sister organisation the Business Graduates Association (BGA), accredits business schools, based on

1372-418: The controversy that surrounds the learning method. There are also several business schools which still rely on the lecture method to give students a basic business education. Lectures are generally given from the professor's point of view, and rarely require interaction from the students unless notetaking is required. Lecture as a method of teaching in business schools has been criticized by experts for reducing

1421-519: The faculty realized that there were no textbooks suitable for a graduate program in business. Their first solution to this problem involved interviewing leading practitioners of business and writing detailed accounts of what these managers were doing, based partly on the case method already in use at Harvard Law School . Of course, the professors could not present these cases as practices to be emulated, because there were no criteria available for determining what would succeed and what would not succeed. So

1470-669: The impact they make on students, employers and the wider community and society, in terms of ethics and responsible management practices. Triple accreditation is used to indicate that a school has been accredited by these three bodies: AACSB, AMBA, and EQUIS. About 1% of business schools are triple-accredited. Each year, organizations and publications such as Bloomberg Businessweek (US), Corporate Knights (Canada), Eduniversal (France), Financial Times (UK) and Quacquarelli Symonds (UK) publish rankings of business schools and MBA programs that, while sometimes controversial in their methodologies, nevertheless can directly influence

1519-484: The incentive and individualism in the learning experience. In addition to teaching students, many business schools run Executive Education programs. These may be either open programs or company-specific programs. Executives may also acquire an MBA title in an Executive MBA program within university of business or from top ranked business schools. Many business schools seek close co-operation with business. There are three main accreditation agencies for business schools in

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1568-504: The incubator has been part of the Station F campus since 2017. Since 2017, the school has also an online Master's degree dedicated to this topic. HEC is located on a 110-hectare campus in Jouy-en-Josas , 16  km. (10 miles) southwest of central Paris, close to Versailles . Jouy-en-Josas is served by the RER Parisian suburban train and the local bus service. The campus is built around

1617-559: The level of education pursued, from €183 (US $ 216) per year for undergraduate and up to €388 (US$ 459) for doctorates. Tuition fees in the United Kingdom were introduced in 1998 and are £9,250 annually for undergraduate courses for home students in England, with higher fees for students who are not domiciled in the UK. Postgraduate courses in the UK often have higher fees, and many universities charge

1666-549: The method of delivery for each of these approaches. A study from by Inside Higher Ed and the Babson Survey Research Group shows that there is still disagreement as to the effectiveness of the approaches but the reach and accessibility is proving to be more and more appealing. Liberal arts colleges in the United States like New England College , Wesleyan University , and Bryn Mawr College are now offering complete online degrees in many business curricula despite

1715-405: The north-east, Bièvres to the east, Saclay to the south, Toussus-le-Noble to the extreme south-west, Les Loges-en-Josas to the west, Buc to the north-west and Versailles to the north-north-west. Jouy is a direct translation of Latin gaudium , both meaning "joy". Josas was the ancient name of an archdiaconate of the archbishop of Paris . Although many discoveries in various parts of

1764-414: The prestige of schools that achieve high scores. Academic research is also considered to be an important feature and popular way to gauge the prestige of business schools. Business schools share the common purpose of developing global managerial talent and to this end, business schools are encouraged to accelerate global engagement strategies on the foundations of collaboration and innovation. In Europe,

1813-608: The professors instructed their students to read the cases and to come to class prepared to discuss the cases and to offer recommendations for appropriate courses of action. The basic outlines of this method still operate in business-school curricula as of 2016 . In contrast to the case method some schools use a skills-based approach in teaching business. This approach emphasizes quantitative methods, in particular operations research , management information systems , statistics , organizational behavior, modeling and simulation , and decision science . The leading institution in this method

1862-589: The public Chamber of Commerce in Paris . In 2017, HEC launched a portfolio of new dual degree programs called M2M with the Yale School of Management , the Hong Kong University of Science and Technology , and Fundação Getulio Vargas . The same year in March, the school launched the Executive Master in innovation & entrepreneurship program in collaboration with Coursera . On 15 September 2020,

1911-562: The rate of unemployment in Jouy was only 5.4%, compared to a national rate of 12.9%. The income of an average Jovacian is twice as high as the national average: the average Jovacian earns around €43,934 per year, compared to the French average of €20,363. 41 companies were established in Jouy-en-Josas in 2004 alone. The town is estimated to have around 400 businesses in all sectors of the economy. The town

1960-513: The school co-founded with the Polytechnic Institute of Paris the artificial intelligence research center Hi! PARIS . In October 2023 the school announced the creation of a Bachelor of Arts in data, society and organisations in collaboration with Bocconi University in Milan. Degrees (such as the Master in Management or " Grande École program") from HEC Paris are accredited by

2009-469: The specific aim of developing these connections and the financing of the school by companies. Ties with businesses were strengthened in the 1990s and this led to greater specialization, with the establishment of finance and entrepreneurship courses in 1986. As a consequence of the financial Big Bang and the explosion of the City , more and more graduates went to work in England and, in general, abroad. In 2006,

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2058-563: The start of the MBA Program, while mandatory (during the first two core terms) and optional language courses are offered throughout the program. Exchange and dual degree programs are offered with about 40 international partner business schools, including the Singapore Management University , HKUST , London Business School , Columbia Business School , Wharton , and Yale . The Executive MSc Innovation & Entrepreneurship

2107-413: The town attest to there once having been a Gallo-Roman presence there, the first traces of the construction of a village are of the ninth century. Stimulated by the presence of monks from the abbey of Saint-Germain-des-Prés in Paris, Jouy grew rapidly, but the population was progressively annihilated in the fourteenth century by a number of wars and epidemics. By 1466, there were only three houses left in

2156-494: The village. From that date forward, Jouy became home to several aristocratic families. A number of seigneurs from Jouy had close relations with the kings: Antoine d'Aquin was the personal doctor to Louis XIV, and his grandson, Antoine-Louis de Rouillé , became Secretary of State of the Navy and Foreign Affairs under Louis XV. In 1759, Christophe-Philippe Oberkampf , an entrepreneur of German origins, moved to Jouy-en-Josas and started

2205-636: The world of business. There are several forms of business schools, including a school of business, business administration, and management. Andreas Kaplan classifies business schools along four corners: The first business schools appeared in Europe in the eighteenth century and multiplied from the beginning of the nineteenth century. In the United States, common degrees in business are: Graduates in business may also have generically titled degrees such as Bachelor of Science (BS), Master of Science (MS) or Doctor of Philosophy (PhD). In Europe, higher education degrees are organized into three cycles under

2254-616: Was closed. Its alumnae are officially considered graduates of HEC, and include Édith Cresson , the first female Prime Minister of France . The doctoral course was established in 1975 but until 1985 doctoral students had to complete their thesis at the university. In 1985 the HEC obtained the right to award the title of doctor , before ESSEC (2010) and ESCP (2012). The school has developed professorships financed by companies ( Deloitte , EDF , Toshiba and others) to multiply links between HEC and companies. The HEC Foundation, founded in 1972, has

2303-520: Was created to prepare for the entrance examination, which had become more difficult. As a result, only 9% of HEC students had attended university in 1959, whereas 47% had done so in 1929. In 1964, French President Charles de Gaulle inaugurated a new 250-acre (1.0 km ) wooded campus in Jouy-en-Josas . In 1967, HEC launched its executive education programs. Women have been accepted at HEC since 1973. Only 27 women were accepted that year and HEC jeunes filles (HECJF), another school dedicated to women,

2352-471: Was in the field of engineering. In 1921, the school introduced the case-based method of the Harvard Business School , but most of the lectures remained theoretical. In 1938, the HEC program was lengthened to 3 years. Due to French corporations' demand for North-American-style management education, at the end of the 1950s, the case-based method was generalized and a one-year classe préparatoire

2401-559: Was used by the commune for its coat of arms . The Cartier Foundation for Contemporary Art settled in Jouy-en-Josas for a short time, before moving to the Boulevard Raspail in Paris. Jouy is also the home of the HEC School of Management , one of the renowned grandes écoles , which moved there from Paris in 1964. Inhabitants are called Jovaciens in French. Jouy-en-Josas has a very low unemployment rate. According to data from 1999,

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