ESCP Europe

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ESCP Europe
Escp europe logo 400.jpg
Motto European Identity, Global Perspective
Type Private Business School
Established 1819
Endowment €90 million
President Frank Bournois
Administrative staff
950
Undergraduates 45
Postgraduates 4000
Location Berlin, London, Madrid, Paris, Turin, Warsaw
Campus Urban
Website www.escpeurope.eu

ESCP Europe is a business school with campuses in Berlin, London, Madrid, Paris, Turin, and Warsaw. Established in 1819, it is the oldest business school in the world,[1] and considered one of the best European business schools (among the top 10).[2] Its programmes are triple-accredited by the international AMBA, EQUIS, and AACSB. 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) 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. ESCP Europe has a total of 45000 alumni all over the world.

History[edit]

Foundation in 1819[edit]

The school was established in Paris on 1 December in 1819 as the world's first business school[3][4][5] 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 Mong, 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
P1190741 Paris IV rue St-Antoine hotel de Sully rwk.jpg Hôtel de Sully Paris France.JPG Hôtel de Sully 02.jpg

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 happened. 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. It is worth noting that 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 paneuropean school since 1973[edit]

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 paneuropean 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.

Campus[edit]

6 campuses in Europe[edit]

ESCP Europe students have the opportunity to study in campuses in France[6] (Paris), 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 specificities 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.

ESCP Europe campuses
Paris Berlin London
Escp-Paris.jpg Escp-Berlin.jpg Escp-London.jpg

Multiple degree awarding[edit]

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).

Programs[edit]

Bachelor in Management (BSc)[edit]

The Bachelor in Management is an undergraduate programme that spans three years, three countries and three languages. It is a general management programme that combines management subjects (i.e. marketing, economics, law, finance) with training in languages, liberal arts/humanities and personal development. It is a Certified Bachelor of Science (BSc) in Management fully compliant with the Bologna process introduced by the European Union in 1999. Students spend their first year in London, their second year in either Madrid, Paris or Turin, and their third and final year in Berlin.

Master in Management (MiM) - Grande Ecole[edit]

Overview[edit]

The Master in Management is a two-year, pre-experience full-time general management Master programme which provides the opportunity to study in up to three countries, with options ranging from ESCP Europe's own six European campuses to approximately 70 partners worldwide. Designed for students with bachelor's degrees (or equivalent) in any field of study (Master programme) or those without who have previously completed at least two years of university education (Pre-Master programme in preparation for the two-year MIM), it features more than 20 specialisations in Finance, International Business, Marketing, Sustainable Development and many more.

Placement[edit]

Students enrolled in the ESCP Europe MiM program usually join top institutions in banking, consulting, strategy, marketing, communication or industry. ESCP Europe is a target school in very prestigious banking institutions (Goldman Sachs, Morgan Stanley, Merrill Lynch, J.P. Morgan & Co., Lazard,...) and consulting firms (McKinsey & Company, The Boston Consulting Group, Bain & Company,...).

The latest annual placement survey[7] shows that new ESCP Europe graduates earn on average €53,346 and 97% of searching graduates found their jobs within 6 months. They are 41.8% working outside their home country. Right after the MiM, 31% and 21% of ESCP Europe students work in consulting and finance respectively.

Master in European Business (MEB)[edit]

The Master in European Business (MEB) is a one-year full-time postgraduate programme in general management with emphasis on a pragmatic approach to management. The programme is designed for graduates who have an undergraduate honours degree in any non-business discipline (i.e. law, engineering, sciences, humanities, medicine). Based on an MBA-style curriculum, applicants should have at least two years of significant professional experience although sometimes candidates might be accepted with less work experience. All students are selected by means of their academic and professional credentials and the successful completion of an assessment center including various interviews and a verbal-logic test (GMAT or SHL Test). There is a strong international side to the course and in 2008/09, there were 39 different nationalities across the five campuses.

One year Msc and MS Programs[edit]

There are more than 20 full-time Specialised Masters on offer at ESCP Europe, accessible to holders of an approved first degree and subject to a selective competitive entrance exam. Altogether, there are about 700 students studying for these one-year Specialist master's degrees.

Currently, programmes are offered in the following subjects:

  • Auditing and Consulting: Paris
  • Biopharmaceutical Management: Paris
  • Business Performance Management: Paris
  • Business Project Management: Madrid
  • Energy Management: Itinerant: London-Paris
  • Finance: Itinerant: Paris-London
  • Innovation and Entrepreneurship: Paris
  • International Agribusiness: Itinerant: London-Paris
  • International Business Law and Management: Itinerant: Paris-London
  • International Food & Beverage Management: Itinerant: Turin - Paris
  • International Hospitality and Tourism Management: Itinerant: Madrid-Turin
  • International Project Management: Itinerant: Paris - Asia - South America
  • International Sales Management: Itinerant: Berlin-Paris
  • International Strategy and Consulting: Madrid
  • International Sustainability Management: Itinerant: Berlin - Paris
  • International Wealth Management: Itinerant: Paris-London
  • Management for the Digital Publishing: Paris
  • Management of Cultural and Artistic Activities: Itinerant: Paris-Venice
  • Marketing & Creativity: Itinerant: London-Paris
  • Marketing and Communication: Paris
  • Marketing and Digital Media: Madrid
  • Media Management: Paris
  • Strategy & Organisation Consulting: Paris

PhD Program[edit]

The purpose of the ESCP Europe Ph.D. program is to train research-active professors and high-level consultants in the field of Management Science. Based on a "European degree course", jointly organized with several academic partners, the ESCP Europe Ph.D. program enables participants to develop knowledge through research and to take positions in the academic community anywhere. Program participants are potential faculty recruits for graduate schools of management (Grandes Ecoles) in France, universities or international companies. The ESCP Europe Ph.D. program is highly selective and admits only a limited number of participants. Certain degree candidates may obtain the status of Research Assistant and receive financing for the duration of their thesis.

The main disciplines covered are:

  • Accounting
  • Finance
  • Human Resources Management
  • International Business
  • Information and Decision Systems
  • Management Control
  • Marketing
  • Organization
  • Strategy and Management

Executive Education[edit]

Executive MBA[edit]

The Executive MBA is not a European tradition, and has long been considered a lesser degree than pre-experience master's degrees.[12] This is changing rapidly however, with the internationalisation of study programs and competition among the world's best business schools.

Other Executive Programs[edit]

ESCP Europe also offers several intensive modules for executives (open enrollment programmes) and highly customised programmes adapted to the needs of specific companies and organisations. Open programmes invite participants from different companies to learn together in intensive modules ranging from a couple of days to a couple of weeks and covering a wide range of business topics such as Business 2.0 or Supply Chain Management. Customised programmes are exclusively designed according to the needs and preferences of a specific company.

International Academic Partners[edit]

ESCP Europe offers to its students a range of dual degrees and exchange programs with academic institutions from all over the world.

Dual Degrees[edit]

MBA[edit]

  1. Cornell University
  2. University of South Carolina
  1. Jiaotong University
  2. Lingnan University (Hong Kong)
  3. Tongji University
  1. Indian Institute of Management Calcutta
  2. Management Development Institute
  3. Indian Institute of Management Lucknow
  1. Waseda University
  1. University of San Andrés
  1. Monterrey Institute of Technology and Higher Education

Masters[edit]

  1. MIT
    1. Master of Finance
    2. Master of Science in Management Studies
  1. Cornell University
    1. Master in Industrial and Labour Relations
  2. University of Texas at Austin
    1. Master in Professional Accounting
  3. Purdue University
    1. Master in Industrial Administration
  1. Chinese University of Hong Kong
    1. Master in Finance
    2. Master in Marketing
    3. Master in Business Analytics
    4. Master of Real Estate and Hospitality Assets
    5. Master in Information and Technology Management
  2. Tongji University
    1. Master of Enterprise Management
    2. Master of Technology Economics and Management
  1. University of San Andrés
    1. Master in Finance
    2. Master in Marketing and Communication
    3. Master in Organisational Management

Rankings[edit]

European Business Schools[edit]

ESCP Europe is considered one of the best European business schools. In the 2009 QS Global 200 Business Schools Report[8] the school was ranked 10th in Europe. In 2012, ESCP Europe was again ranked 10th amongst European business schools by Financial Times.[9]

Master in Management (MiM)[edit]

In 2010, its Master in Management was ranked first worldwide by Financial Times,[10] while in 2012 and 2013 it was ranked second and since 2014 is 7th.

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

In French national rankings, ESCP ranks 3rd in France almost every time.[11] Every year, the choices made by French students 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).[12][13]

Master in Finance (MFin)[edit]

In 2015, ESCP Europe also stands 3rd worldwide for its Master in finance.[14]

Executive MBA[edit]

In 2015, ESCP Europe is ranked 13th in the world ranking for its Executive MBA[15]

Notable Alumni[edit]

Business leaders[edit]

Politics and Economists[edit]

See also[edit]

References[edit]

  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 2015-10-29. 
  3. ^ "Andreas Kaplan: European Management and European Business Schools: Insights from the History of Business Schools, European Management Journal, 2014". 
  4. ^ "Focus On - Generation Europe Foundation - Career Guidance (page 5)" (PDF). 
  5. ^ A. Renouard, Histoire de l'École supérieure de commerce de Paris, Raymond Castell éditions, 1999.
  6. ^ "Institutional website". 
  7. ^ "First job survey Master in Management ESCP Europe". www.escpeurope.eu. Retrieved 2015-10-30. 
  8. ^ "QS Global 200 Business Schools Report 2009 North America". 
  9. ^ [1]
  10. ^ [2]
  11. ^ http://www.lepoint.fr/palmares/grandes-ecoles/grade-de-masters.php
  12. ^ http://www.major-prepa.com/statistiques/sigem/desistements-croises-sigem-2015/
  13. ^ http://etudiant.lefigaro.fr/services/palmares/ecoles+de+commerce-2014
  14. ^ "Business school rankings from the Financial Times - FT.com". rankings.ft.com. Retrieved 2015-10-29. 
  15. ^ "Business school rankings from the Financial Times - FT.com". rankings.ft.com. Retrieved 2015-10-29. 

External links[edit]

Coordinates: 48°51′51.84″N 2°22′50.84″E / 48.8644000°N 2.3807889°E / 48.8644000; 2.3807889