MBA Programs

French Business Schools Announce Merger


French Business Schools Announce Merger

Photograph by Markus Brunner/Getty Images

Rouen Business School and Reims Management School announced on April 24 that the two French institutions would merge to form a single business school.

“In order to serve the interests of all its stakeholders as well as possible, the new entity will leverage the skills and strengths that have made excellence the hallmark of both founding schools,” the schools said in announcing the merger.

Few other details about the merger are available at the time. Andrew Baggaley, a spokesperson for the new school, declined an interviews with any administrators until a May 14 press conference in Paris.

What is known is that the two schools combined have 40,000 graduates, 8,000 students, 200 professors, three campuses, and accreditations from Equis EFMD (the European Foundation for Management Development) , the Association to Advance Collegiate Schools of Business (AACSB), and the Association of MBAs. They already jointly operate an executive education campus in Paris.

Both have had distinct histories as part of the Grandes Écoles, the institutions of higher education outside of France’s main university system that require rigorous and selective testing to gain admission. Established in 1923, Rouen Business School has 16,000 alumni in 50 countries. It offers undergraduate and master’s degrees, Ph.D. and MBA programs, and executive education. All its classes are taught in English, but students can take French lessons at all levels on campus.

Reims, which opened its doors in 1928, has a 90-person teaching staff and offers undergraduate, master’s degrees, Ph.D., and MBA programs.

Yves Bénard, who was appointed CEO of Moët & Chandon’s champagne business in 1994 and elected chairman of Reims Management School in 2011, will be chairman of the newly formed school. Frank Bostyn, an alumnus of the University of Pennsylvania’s Wharton School and co-pilot of the merger between the two schools, will be dean. Bostyn has also served as chairman of the Initial Accreditation Committee and mentor for the AACSB.

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Francesca_dimeglio
Di Meglio is a reporter for Businessweek.com in Fort Lee, N.J.

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