École supérieure des sciences économiques et commerciales

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ESSEC Business School
École Supérieure des Sciences Économiques et Commerciales
ESSEC-Business-School.jpg
Motto La réponse est en vous
Motto in English You have the answer
Established 1907
Type Grande École
Religious affiliation Catholic Church
President Pierre Tapie
Academic staff 125
Students 5,200
Location Cergy, France
Campus Urban
Former names Institut Économique
Athletics 12 Varsity teams
FFSU
Website www.essec.edu

ESSEC (École Supérieure des Sciences Économiques et Commerciales) is one of the foremost business schools and Grandes Écoles in France and one of Europe’s top business schools. It was created by Jesuits in 1907 and was originally located in the heart of Paris, next to the University of Paris II: Panthéon-Assas, rue d'Assas. Its campus was later relocated to Cergy-Pontoise, 30 km west of Paris (Val d'Oise), in 1973.

As well as other top French Grandes Écoles, ESSEC is known for its very competitive entrance exams. The school, reputed for its international orientation, has partnerships with the best universities all over the world, such as Cornell University, Dartmouth College, Northwestern University, University of California, Berkeley, University of Chicago, Hong Kong University of Science & Technology, Seoul National University[1], and University of Peking.[2] In addition, a campus was established in Singapore in 2006.

ESSEC has among its notable alumni many CEOs of French and international companies, including Managing Director of Goldman Sachs Jean-Luc Biamonti, CEO of Accenture Pierre Nanterme or Europe CEO of Coca-Cola Dominique Reiniche.

Contents

[edit] Institution

[edit] ESSEC Programs Overview

ESSEC main campus in Cergy, France.
  • ESSEC MSc in Management (ex-ESSEC MBA)
  • ESSEC BBA (Bachelor of Business Administration) (ex EPSCI)
  • ESSEC M.S. (Advanced Masters)
  • Global MBA
  • MBA in Hospitality Management (IMHI)
  • MBA in International Luxury Brand Management
  • Executive MBA
  • PhD in Business Administration

[edit] Accreditations

  • International Accreditations

- In 1997, ESSEC became the first business school outside of North America to be accredited by the AACSB (Association to Advance Collegiate Schools of Business);

- In 2003, ESSEC also received accreditation for all its programs from EQUIS (European Quality Improvement System);

  • National Accreditation

- ESSEC is accredited by the French Ministry of Education.

[edit] Rankings

  • ESSEC MSc in Management ("Grande École"): generally ranked 2nd in national rankings (by Le Nouvel Economiste in 2010 and 2009,[3] by L'Expansion in 2008, 2007 and 2006[4]) in addition of being ranked 7th in the International MBA Ranking by The Wall Street Journal[5] in 2007.
  • ESSEC BBA (formerly EPSCI): generally ranked 1st among the 4-year curriculum post-baccalauréat Business Schools[6].
  • Executive Education: ranked 8th in the world by the Financial Times in 2011 and 10th in 2010 [7], 1st in France and 4th in Europe for open enrolment programs.
  • M.S. Specialized Master in Strategy and Management of International Business: ranked 1st for seven consecutive years in France[8] in addition of being ranked 5th in the Financial Times 2009 Masters in Management ranking[9].
  • M.S. Specialized Master in Logistics and Supply Chain Management: ranked 2nd in 2011 [10] and generally among the 3 best master in France.

[edit] Programs

[edit] Master of Science in Management

First ESSEC Graduates, class of 1909.

ESSEC's flagship postgraduate programme is its Master of Science in Management, designed for students with no professional experience (instead of managers with 3–5 years of experience like US or UK MBA programs). The diploma is only delivered upon completion of a required amount of time spent in internships.

[edit] Admission process

Along with HEC Paris, ESSEC is one of the two top schools among the Business Grandes écoles, and as such it requires passing a selective entrance examination, the "Concours Grandes Ecoles".

It takes place between May and June. Every year, ESSEC recruits about 360 students through this examination process. Most of the students who sit for the entrance examination come from the French “classes préparatoires”, also called “classes prépa”. The “classes préparatoires” last two years and their only purpose is to prepare students for the French Business Schools’ selective entrance examination.

ESSEC, along with many other business schools, tests the candidates on their knowledge in mathematics, economics, history, philosophy, general culture and languages. The candidates must also pass a series of oral exams in order to enter the school.

Admissions to ESSEC Grande École after a 'classe préparatoire'
Year Candidates Number of places offered Rank of the last admitted student Selectivity rate Yield
2011 5001 365 687 13.74% 53.13%
2010 4731 365 674 14.25% 54.15%
2009 4721 365 689 14.59% 52.98%

Many students in "classes préparatoires" choose not to pass the ESSEC exam because they consider it is too difficult, as the selectivity rate is rather low (less than 15%). There are approximately 16,000 undergraduate students who follow this academic training known as "prépa économiques et commerciales".

[edit] Academic partners

MBA Double Degree Partners[11]

MBA Exchange Partners (non exhaustive)

[edit] ESSEC M.S. Specialized Masters

The Specialized Master’s degrees are accredited by the “Conférence des Grandes Ecoles” in France. These programs are short, intensive, professional, and specialized to allow students finishing their studies or young professionals to complete their initial training (usually scientific or engineering) by acquiring complementary expertise fully recognized in the market. To follow these programs, students must speak French fluently. Some of them are now entirely taught in English. One of ESSEC's specialized masters, the M.S. Strategy and Management of International Business was ranked 5th in the Financial Times 2009 Masters in Management ranking in addition of being ranked 1st for seven consecutive years in France.

List of ESSEC M.S. Specialized Masters Programs:

Admission to ESSEC Specialized Masters programs

Students applying for the "ESSEC M.S. Specialized Masters" Programs can choose to take either Graduate Management Admissions Test (GMAT) or the French equivalent Tage Mage in addition to specific language examinations such as TOEFL or IELTS for English and TEF for French.

[edit] MBA in Hospitality Management (IMHI)

The "Institut de Management Hotelier International"'s MBA in International Hospitality Management, originally a joint-degree between ESSEC and Cornell (although it is now only operated by ESSEC), prepares future managers:

- to work in functional specialties or senior operational positions of leading international hospitality management organizations such as hotel chains, restaurant chains, contract food services, theme parks, recreational complexes, and allied travel and service companies.

- to reach the higher levels of management in independently owned hotels, resort developments, consulting activities (project development, market research, quality assurance, asset valuation), retirement communities, product sales (equipment, food, hardware and software), and family and entrepreneurial businesses.

It is one of the most recognized Hospitality Management programs in the world.

[edit] MBA Luxe

Since its foundation in 1995, the MBA specialized in Luxury Brand Management has become a global reference in graduate education in the luxury industry, and is still today the only MBA specialized in luxury brand management in the world. Thanks to partnerships with leading brands and institutions, the ESSEC MBA Luxe trains a new breed of managers at the heart of the ever-changing luxury sector.

[edit] ESSEC & Mannheim Executive MBA

ESSEC and Mannheim Business School launched their common Executive MBA Program in 2004. Building on the excellent reputation as one of the first established Executive MBAs in Europe by ESSEC since 1994 several tracks are proposed: "Week-end", either in Paris (in English and French) or in Mannheim (in English) or "Modular" with modules in Mannheim, Paris and various other locations worldwide. EQUIS[12] and AACSB[13] accredited program.

Graduates have access to the alumni organisation of both schools.

The ESSEC & MANNHEIM Executive MBA currently ranks 21st in the world ranking of international Executive MBAs, published in the Financial Times, after 25th in 2008, 26th in 2007, 31st in 2006 and 21st in the 2005.[14] The ESSEC & MANNHEIM Executive MBA, the number 1 programme of its type in France and the 9th best in Europe. Also in the 2005 Financial Times ranking, the ESSEC & MANNHEIM Executive MBA is ranked:

    • 3rd in the world in terms of career progression
    • 5th in the world in terms of the course’s international content
    • 11th in the world in terms of the proportion of foreign participants in the programme.

[edit] EPSCI- ESSEC BBA

Main article: EPSCI

The "École des Practiciens du Commerce International" is ESSEC's Bachelor of Business Administration program.

[edit] PhD in Business Administration

The PhD trains future professors, researchers and consultants at the highest international level. The goal is to prepare students not only to master methodologies, but also to advance knowledge and play an active role in the international academic community. Before starting their dissertation work, students must follow a two-year program of courses and seminars that ends with Preliminary Examinations and a Dissertation Proposal. The curriculum starts with an intensive period of interdisciplinary training common to all students. This is followed by rigorous research training for the chosen field of specialization.

[edit] International Orientation

[edit] International Aspects of The Community

30% of ESSEC professors come from outside of France. The ESSEC community of 5,200 students includes about 1,200 foreign students, representing over 70 nationalities.

Moreover, several student clubs unite people from same countries to promote their culture at ESSEC. Such clubs include "ESSEC India", "ESSEC Liban" (Lebanon), "ESSEC Chine" (China), and many more.

Clubs such as "Melt" or "World Wide Welcome" promote interaction between people from different countries, by organizing welcome parties for incoming international students, and various social events along that line.

[edit] ESSEC's campus in Singapore

In 2006, ESSEC set up a campus in Singapore. For MBA students, this program lasts 6 months and focuses on Asian business issues in the areas of finance, marketing and business strategy. The campus is located on the 9th and 13th floors of the National Library. Decision has been made in 2011 to build a new campus in Singapore by 2014, the Group willing to expand further in Asia.

[edit] Campuses

[edit] Student clubs

There are more than 100 student clubs at ESSEC—sports-related, entrepreneurial, humanitarian, and cultural. They include:

  • Les Mardis de l'ESSEC: The first student forum in France. Since 1961, the club organizes discussions with leading public figures from the political, cultural, economical and civil spheres. Participants have included current (and former) heads-of-state and ministers, as well as foremost intellectual leaders, and major businessmen and women;
  • Junior ESSEC Conseil: France's leading student consulting association. It provides companies with market studies, internal auditing, communication strategies evaluations, and more. Its revenue stands at €1,5 million/year, through about 250 missions per year;
  • ESSEC Transaction: the finance club of ESSEC Business School. The organization promotes finance related activities and careers throughout the students community (corporate conferences, day of careers in finance, trading game and formations to Bloomberg and Reuters...). It also has an investment club, which aims at managing an equity portfolio.
  • RACE: Founded in 1991, RACE (Racing Automobile Club Essec) organizes, among other major events, the biggest student go-karts trophy in Europe, the "24 heures Karting Essec";
  • L'Impertinent: The school's student-run magazine;
  • Reve FM: The school's radio;
  • Shamrock : The school's musical association that organizes concerts, and each year a musical festival in Paris ;
  • ESSEClive: ESSEC's community website, the first student website in France (by number of visits);
  • Melt: Melt is a student association that aims to bring together international students (more than 900) and ESSEC students in order to encourage and develop intercultural relations on campus. It organizes various activities for international students throughout the year;
  • Foyer des élèves (Foy's): Founded in 1973, the Foy's is a student-run pub located at the Cergy-Pontoise campus. It serves ESSEC students from noon to midnight, offering fresh sandwiches for lunch and a wide variety of drinks all day long. In addition to every day operations, the "Foy's" also organizes many themed parties.
  • EDI (ESSEC Développement International): Founded in 1996, this humanitarian association carries out various development projects in Latin America: microcredit, scholarships, renovation of ancient paths,...

[edit] Notable alumni

With a current network of more than 37,000 alumni, ESSEC is one of the most influential business institution in France. Among former students, many have reached top positions in the business world,-including in Fortune 500 companies-, and in politics. The following list of notable alumni is not exhaustive.

[edit] Notes

  1. ^ "Global MBA 1 Year Full-time English". USeoul.edu Website. http://gsb.snu.ac.kr/downloadfile/Global_MBA_(1_Year_Full-time_MBA,_English).pdf. Retrieved 2011-04-20. 
  2. ^ http://www.essec.edu/programs/master-of-science-in-management/international/partner-universities.html
  3. ^ http://www.prepa-hec.org/classement/ecole-commerce/nouvel-economiste/2009/nouvel-eco-drh-2009)
  4. ^ http://www.groovy-campus.com/classements/l-expansion-commerce-2006
  5. ^ http://online.wsj.com/public/resources/documents/MB_07_Scoreboard.pdf
  6. ^ EPSCI#Rankings
  7. ^ http://www.essec.edu/news-press/detail-press/article/financial-times-lexecutive-education-de-lessec-dans-le-top-10-mondial.html
  8. ^ http://www.meilleurs-masters.com/master-management-international-autre-que-mba.html
  9. ^ http://rankings.ft.com/businessschoolrankings/masters-in-management-2009
  10. ^ http://www.meilleurs-masters.com/master-logistique.html
  11. ^ Official webpage
  12. ^ Vgl. efmd.org.
  13. ^ Vgl. aacsb.edu.
  14. ^ FT EMBA Ranking 2009

[edit] External links

Coordinates: 49°01′59″N 2°04′40″E / 49.03306°N 2.07778°E / 49.03306; 2.07778

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