Program Basics

• • HEC MBA
  • HEC Paris
  • 1 rue de la Libération
  • Jouy-en-Josas, 78350
  • France
  • Program Web site: http://www.mba.hec.edu
  • Status: Public
  • Program e-mail address: admissionmba@hec.fr
  • Graduate business school is accredited by:
    • Association to Advance Collegiate Schools of Business (AACSB)
    • Association of MBAs (AMBA)
    • EQUIS
    • European Foundation for Mgt. Development (EFMD)

SCHOOL BASICS

• Graduate business school enrollment:

  • Total: 4,255
  • Full-Time MBA: 361
  • Part-Time MBA: 72
  • Executive MBA: 644
  • PhD Program: 90
• • Other graduate degree programs:
    • Master of Finance
    • Master of Marketing
    • Master of International Management/Business
  • MSc in Management; Masters in Strategic Management; MSc in International Business; MS in Project Management; Masters in International Finance; MSc in Managerial and Financial Economics; Global Real Estate Master; MSc in Marketing; MS in Marketing Intelligence; MS in Media, Art and Creation; MSc in Sustainable Development; MS in Entrepreneurship; Consulting and Coaching for Change Executive Master

PROGRAM COSTS

• Total direct costs (tuition and required fees) of the entire MBA program:

  • Resident: $65,234.00
  • Recommended annual budget (Resident): $44,432.00

PROGRAM LENGTH

• • Full-time program (months): 16

ADMISSIONS

• Application Deadlines

  • Semester: Fall 2012
  • Deadline: Apr 17, 2012
  • Semester: Spring 2013
  • Deadline: Oct 16, 2012
• • Does the program have rolling admissions? Yes
  • Is proficiency in English required for admission? Yes
  • Is a minimum score on an English language proficiency test required? Yes

• Which English language proficiency tests are accepted?

  • • IELTS
    • TOEFL Internet Based Test
    • TOEFL Paper-based Test
• • Minimum paper-based TOEFL score required for MBAs: 600

• Relative Importance of Application Elements:

  • GMAT Score: Important
  • Resume/Work Experience: Very Important
  • Application Essays: Important
  • Interviews: Very Important
  • Recommendations: Important
  • Undergraduate Transcripts: Considered

APPLICANTS

• • Applications (admitted and denied) to the newest class: 1,399
  • Applicants who were accepted to the most recent class: 15 %
  • Admitted applicants who enrolled in the newest class: 61 %
  • Applicants who were re-applicants from prior years: 0 %
  • Percentage of this year's reapplicants accepted: 0 %
  • Applicants wait-listed during the last admissions cycle: 0
  • Wait-listed applicants admitted for the semester to which they applied: 0
  • Applicant interviews are: By invitation only
  • Applicants (admitted and denied) who were interviewed: 20 %
  • Admitted applicants who were interviewed: 100 %

APPLICANT POOL

• • International applications received: 87 %
  • Applications from women received: 32 %
  • Mean base salary forgone: $65,000.00
  • Median base salary forgone: $60,653.00

CLASS PROFILE

• Full-time students in newest entering class (2010-2011) that are:

  • Female: 32 %
  • International: 87 %

• Students from following regions:

  • Africa: 1 %
  • Asia: 41 %
  • Europe: 29 %
  • North America: 6 %
  • Latin America and the Caribbean: 6 %
  • Oceania: 0 %
  • Dual citizenship: 17 %
• • Mean months of work experience of newest entering class: 73
  • Median months of work experience of newest entering class: 72

• Middle 80% range of work experience of newest entering class in months:

  • From: 36
  • To: 120
• • Median age of entering class: 30
  • Mean age of entering class: 30

FINANCIAL AID

• • Full-time MBAs apply for financial aid through: Dedicated financial aid office at the B-school
  • Full-time MBAs who applied for financial aid for the current academic year: 89 %
  • Full-time MBAs receiving financial aid in the current academic year: 56 %
  • Mean MBA financial aid package for the current academic year: $14,664.00
  • Median MBA financial aid package for the current academic year: $14,930.00
  • On what basis are scholarships awarded?
    • some other criteria
    • academic merit
    • financial need
  • How does an applicant apply for scholarship consideration? Unique scholarship application
  • Mean scholarship awarded to full-time MBAs in the previous academic year: $14,664.00
  • Does the school offer a guaranteed loan to all MBAs regardeless of nationality? No

GMAT

• • Are applicants required to take the GMAT? Yes
  • Are applicants allowed to submit the GRE? No

• GMAT score distribution (applicant pool):

  • 25th Percentile 560
  • 10th Percentile 500
  • Average GMAT Score 618
  • 75th Percentile 690
  • 50th Percentile (median) 620
  • 90th Percentile 710

• GMAT score distribution (incoming class):

  • 25th Percentile 660
  • 10th Percentile 640
  • 75th Percentile 710
  • 90th Percentile 740
  • 50th Percentile (median) 690
  • Average GMAT Score 689

CLASS OFFERINGS

• • Average number of students in a full-time MBA core class: 50
  • Average number of students in a full-time MBA elective class: 40
  • Elective courses available to full-time MBA students: 71

• Electives that have been added to the full-time program since June 30, 2010:

  • Leadership In Context
  • Marketing & Society
  • Real Estate Finance
  • Strategy & Sustainable Development
  • Sustainable Investments

• Concentrations and specializations offered to full-time MBA students:

  • • Finance
    • Entrepreneurship
    • Marketing
    • Real Estate
    • Leadership
    • Strategy
    • Corporate Social Responsibility
    • E-commerce
  • Luxury, Energy & Finance, Digital Business, Social Business

• Joint-degree programs offered to full-time MBAs:

  • • MBA/MS (Science)
    • MBA/JD (Law)
    • MBA/MSM (Management)
• • Does the school offer an accelerated full-time MBA program? No

• The school believes that its leading areas of study for full-time MBA students are:

  • • Finance
    • Entrepreneurship
    • Marketing
    • Leadership
    • Strategy

FACULTY

• • Faculty employed by the B-school: 249

• Full-time faculty:

  • Tenured: 65
  • Non-Tenured: 50

• Adjunct/Visiting Faculty:

  • Tenured: N/A
  • Non-Tenured: N/A

• Women on Faculty:

  • Tenured: 16
  • Non-Tenured: 34

• Minority Faculty:

  • Tenured: N/A
  • Non-Tenured: N/A

• International Faculty:

  • Tenured: 21
  • Non-Tenured: 97

• Faculty with PhDs:

  • Tenured: 61
  • Non-Tenured: 130

STUDENT LIFE

• Professional clubs available to full-time MBA students:

  • • Corporate Social Responsibility/NetImpact
    • Entrepreneurship
    • Consulting
    • Other
    • Finance
    • Marketing
    • VC/ Private Equity
    • Media & Entertainment

• Networking clubs available to full-time MBA students:

  • • Partners/Family
    • Women in MBA
    • Other

TEACHING/ACADEMICS

• Teaching methods used:

  • Case Study: 25 %
  • Distance Learning: 5 %
  • Experiential Learning: 15 %
  • Lectures: 20 %
  • Simulations: 10 %
  • Team Projects: 20 %
  • Other: 5 %

• Requirements for graduation:

  • • Students are required to complete international experience
    • Students are required to be fluent in more than one language by graduation
    • Students must have attended a minimum number of classes
    • Other
  • 120 ECTS credits

TECHNOLOGY

• • Technology improvements in the last three academic years: In 2010 HEC Paris launched a dedicated profile on iTunes U, offering free educational video and audio content. A selection of 200 downloadable podcasts were specifically designed for iTunes U, drawing on 18 months of investment and innovation. MBA students were also equipped with iPod Touch devices in order to donwload podcast courses and conferences. A professional video recording studio was installed, with state-of-the-art equipment.
  • Amount spent: $26,500,000.00

B-SCHOOL ALUMNI

• • Living MBA alumni: 4,385
  • Active MBA alumni clubs: 163
  • Countries in which MBA clubs exist: 65
  • Living MBA alumni who gave in past year: 8 %
  • Did school receive an individual gift in excess of $10 million in the past academic year? No
  • Business School endowment: $20,000,000.00
  • Does the main university offer career placement services for alumni? Yes
  • Does the main university have an alumni networking Web site? Yes
  • University alumni networking site: http://www.associationhec.com
  • Does the B-School have an alumni networking Web site? Yes
  • Business school alumni networking site: http://www.associationhec.com
  • Does the B-SCHOOL offer career services for alumni? Yes
  • Do current MBA students have access to an alumni database? Yes

CAREER SERVICES

• • Graduates seeking full-time professional MBA employment: 89 %
  • Graduates not seeking employment: 3 %
  • Graduates for whom you have no information regarding employment: 8 %

• Annual job-searching trips that the school coordinates or participates in:

  • Destination: Asia Pacific
  • Month: October
  • Destination: London - Finance, Industry
  • Month: October, January, April
  • Destination: Latin America (Brazil)
  • Month: May
  • Destination: USA East & West Coasts
  • Month: November, March
  • Destination: Benelux, Switzerland, Ireland, Germany
  • Month: Various

• Job Offers for 2011 graduates

  • Accepted first job offer by graduation: 67 %
  • Accepted first job offer in three months following graduation: 23 %
  • Accepted first job offer more than 3 months after graduation: 0 %
  • Did not report having accepted a job offer: 10 %

• Top recruiting organizations most recent academic year:

  • Schneider Electric 10
  • Amazon 6
  • BNP Paribas 4
  • General Electric 4
  • Booz Allen 3
  • Nomura 3
  • AT Kearney 3
  • UBS 2
  • Credit Suisse 2
  • L'Oréal 2
  • Procter & Gamble 2
  • Capgemini 2
  • DBS Bank 2
  • Infosys 2
  • Cummins Power Generation 2
• • Job-accepting graduates who received a signing bonus: 16 %

• Base salary, signing bonuses and other compensation for most recent employed graduates:

  • Mean base salary: $109,880.00
  • Median base salary: $96,001.00
  • Mean signing bonus: $17,641.00
  • Median signing bonus: $14,077.00
  • Mean other guaranteed compensation: $22,086.00
  • Median other guaranteed compensation: $17,775.00

• Graduating students who accepted jobs in the following functional areas:

  • Consulting: 16 %
  • Finance/Accounting: 27 %
  • General Management: 14 %
  • Human Resources: 0 %
  • Marketing/Sales: 28 %
  • Management Information Systems: 2 %
  • Operations/Logistics: 6 %
  • Other: 7 %

• Graduating students who accepted jobs in the following industries:

  • Government: 1 %
  • Consulting: 15 %
  • Consumer Products: 11 %
  • Financial Services: 23 %
  • Manufacturing: 9 %
  • Media/Entertainment: 3 %
  • Non-Profit: 2 %
  • Petroleum/Energy: 16 %
  • Pharmaceutical/Biotechnology/Health Care: 5 %
  • Real Estate: 1 %
  • Technology: 8 %
  • Other: 6 %

• Graduates who accepted full-time jobs in the following regions:

  • Africa: 1 %
  • Asia: 19 %
  • Europe: 66 %
  • North America: 9 %
  • Oceania: 1 %
  • Latin America and the Caribbean: 4 %

• Top recruiting organizations for internships, most recent academic year:

  • Schneider Electric Industries 7
  • Lafarge 4
  • EADS 3
  • L'Oréal 2
  • General Electric 2
  • Hilti 2
  • Areva 2
  • Axa 2
  • Sanofi 2
  • Added Value 2
  • MSD China (Merck & Co) 2
  • GFIE 2
  • AT Kearney 1
  • BNP Paribas 1
  • McKinsey & Co 1
• • Internships awarded that are paid: 99 %
• • Average internship length in weeks: 12

• • -Very international, not too many students (so there is a very good interaction with the faculty and we're followed much more and better than in other MBA programs). The program is highly customizable (exchange possibilities, internships, other projects...). It's not too short (like INSEAD's 11-month program), not too long (like U.S. MBAs).
    
    -HEC was for the ideal program: French roots and international openness and student body. This program is excellent for people in their late twenties or beginning thirties who have a strong work experience and who want to develop their business skills.
    
    -France should not be the target of any student who does not know French.
    
    -The school has no good professors or facilities related to the fee. People at the MBA (administration and professors) are not polite with the students and provide no feedback. They act like they already know what is good and bad for you, treating you like children. I was very disappointed about the program, the lessons and the professors. My worse investment in studies in all of my life.
    
    -The mixture of diversity, teaching excellence, quality of student body, bilingual option, and dual degree/exchange options make the MBA the best program I've seen (and I've done a lot of MBA research and comparison).
    
    -The program gave me the great opportunity to change country, function and sector at the same time. If my career was limited to R&D in a restricted number of countries (Automotive Industry), the HEC MBA opened the doors to a wide range of roles and geographic opportunities. I now work closely with the management of a large multinational company on change management to deploy a new global organization, which in time will give me the opportunity to evolve in any part of the organization. Thanks to the HEC MBA, I acquired the right skill set to succeed in such roles.
    
    -I feel that the program has a number of serious weaknesses that, due to the prevailing culture of the school, they have failed to address adequately. These are in no particular order: extremely poor administration, a mixed quality of teaching, a career services office that is not well geared to non-French speakers, and very poor campus facilities. I would find it difficult to recommend the school to anyone with the exception of those who want to work in a sector such as luxury, marketing (where I feel the school i relatively strong), or someone who wants to stay in Paris (and already speaks perfectly fluent French).
    
    -HEC Paris has a unique approach to balance hard and soft skills. The number of CEOs I've met during my MBA is huge. The alumni network is really strong and effective, even though still predominantly French it is very open to help everyone with HEC on the CV.
    
    -HEC is a great choice if you are set on working in France and have some other reason to be in France. If you're planning on returning immediately back to the US, for example (if you're from the US), then I think there are better choices.
    
    -The HEC MBA is extremely weak in the core disciplines such as finance, management and marketing. Management science, for instance, is not even taught. In addition, the compulsory French lessons cost a lot of valuable time. The HEC alumni networks is nearly useless. The HEC alumni is only relevant in the French world and access to it is only possible through a annual fee of EUR 185, which non-French HEC alumni are usually not willing to pay. Consequently, the usefulness of the HEC alumni is very limited outside of France. HEC MBA management very ignorant and incompetent. There seems to be no real willingness to improve the program. Same mistakes are repeated again and again. Management seem to have no 'control' over the professors. Bad professors are allowed to continue teaching.
    
    -HEC Paris is an extremely unique and diverse MBA program. The personalized phase of the MBA afforded me the opportunity to apply some of the theories we acquired in the classroom in a real world environment by allowing me to work for four months in a management level position at a firm of my choice. Additionally, the HEC, Unibail Rodamco and Morgan Stanley real estate certificate program put me on the fast track to my goal of transitioning into a career in commercial real estate by giving me the fundamentals and confidence necessary to succeed in that environment.
    
    -HEC Paris is a great school; it takes time to get used to the French culture that is very different to the traditional Anglo-Saxon culture; but, at the end is a great experience
    
    -I do not find that HEC has enough of a brand name in the UK and that if I had attended a higher ranked school I would have got interviews at places where I was rejected without so much as an interview. The least I expected was that an MBA from HEC could get me a few interviews at top tier investment banks and in this it has failed.