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ESCP Business School

Coordinates: 48°51′51.84″N 2°22′50.84″E / 48.8644000°N 2.3807889°E / 48.8644000; 2.3807889
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ESCP Europe
File:Escp europe logo.svg
MottoEuropean Identity, Global Perspective
TypePrivate Business School
Established1819
Budget€90 million (2015)
PresidentFrank Bournois
Undergraduates200
Postgraduates4,000
Location
Berlin, London, Madrid, Paris, Turin, Warsaw
CampusUrban
Websitewww.escpeurope.eu

ESCP Europe (full name: French: École supérieure de commerce de Paris) is a pan-European business school which has campuses in Berlin, London, Madrid, Paris, Turin, and Warsaw. Originally established in 1819 in Paris, it is the oldest business school in the world.[1] ESCP has been ranked among the top 10 business schools in the world.[2]

ESCP Europe is one of the most selective French "Grandes écoles" and referred in France as one of the "trois Parisiennes" [3] (three Parisians). It is highly selective and aims to prepare high-level students for top executive functions.

ESCP programmes have continuously been regarded by the Financial Times as being amongst the best in the world. The ESCP Master in Management was ranked 1st, 3rd, 2nd, and again 2nd in the global Financial Times Masters in Management rankings 2010, 2011, 2012, and 2013, respectively,[4][5][6][7], and the Advanced Master in Finance programme was ranked 2nd in 2016.[8] Accredited by the Paris Chamber of Commerce, ESCP Europe is one of the 76 schools in the world to have obtained the triple accreditation of AACSB, EQUIS and AMBA.

History

Foundation in 1819

The school was established in Paris on 1 December 1819 as the world's first business school[9][10][11] by a group of economic scholars and businessmen including the well-known economist Jean-Baptiste Say and the celebrated trader Vital Roux. It was modeled on the first Grande École, the École Polytechnique founded by Lazare Carnot and Gaspard Monge, but was initially much more modest, mainly because it had not been supported by the state. It gradually gained in stature and importance during the 19th century and moved to its current Parisian location on Avenue de la République in 1898.

ESCP Europe original buildings in Paris

In 1828, the project to put the school under the authority of the French Ministry of Commerce and Industry failed. The school remained independent by the intervention of Jérôme-Adolphe Blanqui who took it over. Several times during the first half of the 19th century, French politics planned on grouping ESCP Europe with French elite engineering schools such as École Polytechnique or École Centrale Paris, but that never occurred. From 1838, the French state began to give scholarships to ESCP Europe's students and in 1852 it accredited ESCP Europe's programs.

Finally, in 1869 the Paris Chamber of Commerce bought the school to train future business leaders to modern commercial methods. Until 1870 there was only one business school in France: ESCP Europe. In 1892, ESCP Europe set up selective admission processes which still take the form of competitive exams.

A pan-European school since 1973

On April 5, 1973 the concept of a multi-campus business school was founded with the consecutive inaugurations of campuses in the United Kingdom (London in 1974, move to Oxford in 1975) and in Germany (Düsseldorf in 1975, move to Berlin in 1985). Since then, the school has deepened its European presence to become an integrated pan-European business school:

  • In 1985, the School’s campus in Germany moves from Düsseldorf to Berlin at the invitation of the Government of Berlin.
  • In 1988, a fourth campus is opened in Madrid.
  • In 1999, ESCP merges with its sister school EAP.
  • In 2001, the Master in Management programme of ESCP Europe is validated by City University London.
  • In 2004, a fifth campus in Torino, Italy is founded. Validated by the University of Turin, Master in Management students can obtain the Italian degree Laurea Magistrale.
  • In 2005, the School inaugurates its London campus having moved from Oxford.
  • In 2007, the Master in Management programme is recognized by the Charles III University of Madrid and students can obtain the Spanish degree of Master Europeo en Administración y Dirección de Empresas.
  • In 2015, the School establishes its sixth European campus via a strategic alliance with the Warsaw-based Kozminski University.
  • In 2016, the School decides to strengthen its footprint in Paris by adding a second campus located in the Montparnasse quarter.

Campus

6 campuses in Europe

ESCP Europe students have the opportunity to study in campuses in France (Paris),[12] in the UK (London), Spain (Madrid), Germany (Berlin), Italy (Turin), and Poland (Warsaw). They can spend either 6 months or 1 year on each campus according to their study choices. Each campus has its own specifics and develops programs with local academic institutions. For instance, in Spain ESCP Europe provides a Master in Business Project Management co-delivered with the Technical University of Madrid.

From 2017, ESCP Europe will have two campuses in Paris. One near the Place de la République (11th arrondissement of Paris) and another one near the Montparnasse Tower (15th arrondissement of Paris). Each campus will be dedicated to a specific range of programs. The campus in the 11th arrondissement will host all the graduate programs whereas the campus in the 15th arrondissement will host the undergraduate education, the executive education and the school's start-up Incubator. This organization is unique to Paris. In all the other school's cities, undergraduate, graduate and executive education are dispensed in the same campus.

ESCP Europe campuses
Paris - Republique Paris - Montparnasse Berlin Turin London

Multiple degrees

The Master in Management programme is nationally recognised in each of ESCP Europe's home countries. Consequently, students enrolled in the Master in Management can obtain up to three national different degrees according to their campuses of study:

The Master in European Business programme is a degree accredited by the Association of MBAs (AMBA) in the category of Masters in Business and Management (MBM). Students enrolled in the Master in European Business are eligible to obtain up to three national different degrees:

  • From France, students can obtain the "Grade de Master", which is recognised by the French Ministry of Education. All MEB students, having a 4-year degree (240 ECTS credits) and at least one year of professional experience, are eligible to the "Grade de Master" wherever they study.
  • In Germany, ESCP Europe can deliver a "German Master of Science", which is recognised by the Berlin Senat and the German Ministry of Education and Research. Students have to spend an additional term in Berlin for completion of three additional modules and the writing of a Master thesis. Doing so will allow for an additional 30 ECTS credits.
  • In India or China, if students choose to study one semester with an international partner, it is possible to gain a national degree in addition to the ESCP Europe MEB, a Postgraduate Diploma in International Management (DIM) from MDI Gurgaon (India), or a Certificate programme in International Management is delivered by the School of Management at Xiamen University (China).

Rankings

ESCP Europe is considered one of the leading business schools in the world. In 2012, ESCP Europe was again ranked 10th amongst European business schools by Financial Times.[13]

Master in Management (MiM)

In 2010, its Master in Management was ranked first worldwide by Financial Times,[14] while in 2016 it was ranked 4th.

MiM Ranking - Financial Times 2010 2011 2012 2013 2014 2015 2016
ESCP Europe ranking - World 1 3 2 2 7 7 4
ESCP Europe ranking - France 1 1 1 1 3 3 3
ESCP Europe ranking - UK 1 1 1 1 1 2 1
ESCP Europe ranking - Germany 1 1 1 1 2 1 1
ESCP Europe ranking - Spain 1 1 1 1 2 1 1
ESCP Europe ranking - Italy 1 1 1 1 1 1 1
ESCP Europe ranking - Poland 1 1 1 1 1 1 1

In French national rankings, ESCP ranks 3rd in France almost every time,[15] The choices made by French students clearly rank ESCP 3rd: in 2015, 330 students admitted to ESCP Paris chose HEC Paris (while 0 did the contrary), 220 students admitted to ESCP chose ESSEC (while 6 did the contrary).[16][17]

Master in Finance (MFin)

In 2016, ESCP Europe stands 2nd worldwide for its Master in Finance.[18] In 2015, ESCP Europe was ranked 3rd worldwide for its Master in Finance.[19]

Executive MBA

In 2016, ESCP Europe is ranked 12th in the world ranking for its Executive MBA[20]

Alumni

ESCP Europe has a total of 45000 alumni all over the world. These alumni, such as the Professors and their Researches, are making the Business School alive. The most famous alumni are listed below.

The school's notable alumni in business and politics include Olivier Blanchard (former IMF Chief Economist), Franck Petitgas (Global Co-Head Investment Banking of Morgan Stanley) Christophe de Margerie (former CEO of Total), Andreas Kaplan (academic), Patrick Thomas (former CEO of Hermès), a former Prime Minister of France, Jean-Pierre Raffarin and the EU Commissioner for Internal Market and Services Michel Barnier.

Business leaders

Entrepreneurs

Politics and Economists

See also

References

  1. ^ "Focus On - Generation Europe Foundation - Business schools and career opportunities" (PDF).
  2. ^ "Business school rankings from the Financial Times - FT.com". rankings.ft.com. Retrieved 29 October 2015.
  3. ^ http://etudiant.lefigaro.fr/les-news/actu/detail/article/classement-2013-des-ecoles-de-commerces-hec-reste-au-top-3386/. {{cite web}}: Missing or empty |title= (help)
  4. ^ Rank 1 in the Financial Times - Masters in Management Ranking 2010
  5. ^ Rank 3 in the Financial Times - Masters in Management Ranking 2011
  6. ^ Rank 2 in the Financial Times - Masters in Management Ranking 2012
  7. ^ Rank 2 in the Financial Times - Masters in Management Ranking 2013
  8. ^ Rank 2 in the Financial Times - Masters in Finance Ranking 2016
  9. ^ "Andreas Kaplan: European Management and European Business Schools: Insights from the History of Business Schools". European Management Journal. 32: 529–534. doi:10.1016/j.emj.2014.03.006.
  10. ^ "Focus On - Generation Europe Foundation - Career Guidance (page 5)" (PDF).
  11. ^ A. Renouard, Histoire de l'École supérieure de commerce de Paris, Raymond Castell éditions, 1999.
  12. ^ "Institutional website".
  13. ^ [1]
  14. ^ [2]
  15. ^ http://www.lepoint.fr/palmares/grandes-ecoles/grade-de-masters.php
  16. ^ http://www.major-prepa.com/statistiques/sigem/desistements-croises-sigem-2015/
  17. ^ http://etudiant.lefigaro.fr/services/palmares/ecoles+de+commerce-2014
  18. ^ "Business school rankings from the Financial Times - FT.com". rankings.ft.com. Retrieved 20 June 2016.
  19. ^ "Business school rankings from the Financial Times - FT.com". rankings.ft.com. Retrieved 29 October 2015.
  20. ^ "Business school rankings from the Financial Times - FT.com". rankings.ft.com. Retrieved 29 October 2015.

External links

Wikimedia Commons has media related to École supérieure de commerce de Paris - Europe.

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