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Concept
HEC Paris
Summary
HEC Paris (École des hautes études commerciales de Paris) is a business school and one of the most prestigious and selective grandes écoles in France and the world, located in Jouy-en-Josas outside of Paris. HEC offers MiMs, MScs in International Finance, MBA and EMBA programs, specialised MScs, PhDs and executive education.
HEC Paris is the founding member of CEMS - Global Alliance in Management Education and is triple accredited (by AACSB, AMBA, and EQUIS).
Founded in 1881 by the Paris Chamber of Commerce (CCIP) with 57 students in its first class, the École des hautes études commerciales de Paris (HEC) aimed to be in the fields of management and commerce what theÉcole Centrale de Paris was in the field of engineering.
In 1921, the school introduced the case-based method of the Harvard Business School, but most of the lectures remained theoretical. In 1938, the HEC program was lengthened to 3 years.
Due to French corporations' demand for North-American-style management education, at the end of the 1950s, the case-based method was generalized and a one-year classe préparatoire was created to prepare for the entrance examination, which had become more difficult. As a result, only 9% of HEC students had attended university in 1959, whereas 47% had done so in 1929.
In 1964, French President Charles de Gaulle inaugurated a new wooded campus in Jouy-en-Josas. In 1967, HEC launched its executive education programs. Women have been accepted at HEC since 1973. Only 27 women were accepted that year and HEC jeunes filles (HECJF), another school dedicated to women, was closed. Its alumnae are officially considered graduates of HEC, and include Édith Cresson, the first female Prime Minister of France.
In 1988, HEC founded the CEMS network with ESADE, Bocconi University and the University of Cologne.
In 2016, the school adopted a new legal status and became a public-private partnership (École consulaire or EESC), largely financed by the public Chamber of Commerce in Paris.
Official source
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