EDHEC Business School
Ecole des Hautes Etudes Commerciales du Nord | |
Motto | Make an impact |
---|---|
Type | Grande écoles, Business school |
Established | 1906[1] |
Accreditation | Triple accreditation: AACSB[2] AMBA[2] EQUIS[2] |
Budget | €121.5 million[2] |
Academic staff | 167 permanent faculty members and 810 adjunct faculty[3] |
Students | 8,600 (undergraduate and graduate)[2] |
Location | |
Language | English, French |
Colors | Red White |
Affiliations | Université catholique de Lille, Conférence des grandes écoles[2] |
Website | https://www.edhec.edu/en |
EDHEC Business School (French: École des Hautes Etudes Commerciales du Nord) is a French business school (Grande École) with campuses in Lille, Nice, and Paris, as well as in the United Kingdom and Singapore.[2]
EDHEC holds the triple accreditation (EQUIS, AACSB and AMBA). In 2019, EDHEC had 8,600 students enrolled in traditional graduate and undergraduate programs, 245 exchange and double-degree agreements with academic institutions and a network of more than 40,000 alumni in over 125 countries.[2]
History
[edit]EDHEC Business School was founded in Lille in 1906 by industrialists from northern France. Initially established as a commercial section within the École des Hautes Études Industrielles (HEI), the school was created with the objective of addressing the commercial and industrial needs of northern France. Its founding occurred in the context of the broader industrial revolution that transformed northern France in the 19th century. Between 1850 and 1914, Lille and its neighbouring cities became major industrial and financial centres, prompting regional elites to seek ways to prepare their children and future professionals for business careers, ultimately leading to the creation of EDHEC.[4][5][6]
In 1921, the commercial section was integrated into the Faculté Libre de Droit, becoming known as HEC Nord (French: Hautes Études Commerciales du Nord, lit. 'Advanced Business Studies of the North'). However, following a legal dispute with HEC Paris over the use of the name, the institution was renamed EDHEC (French: École des Hautes Études Commerciales du Nord, lit. 'School of Advanced Business Studies of the North') in 1951. The school received state accreditation in 1971, solidifying its status within the French higher education system. The alumni association, initially founded in 1947 as the Amicale de l'EDHEC du Nord, eventually became the Association des Diplômés EDHEC. This organization has played a key role in fostering connections among graduates and supporting the school's community. The association has also published a bulletin since 1953, which was originally titled Quo Vadis and later renamed EDHEC Informations.[7]
Academics
[edit]EDHEC Business School is a Grande école, a type of French higher education institution that operates independently from the public university system, though it often maintains connections with it.[8][9][10] Similar to Ivy League schools in the United States, Oxbridge in the UK, and C9 League in China, graduation from a Grande école is considered the prerequisite credential for any top government, administrative and corporate position in France.[11][12]
More than 5,000 applicants register for the approximately 380 places offered in each year's cohort as part of the selection process.[13]
Programs
[edit]The Master in Management, also known as the Grande École program, is the flagship program at EDHEC. Upon completion, graduates receive a Master's degree. In addition to the Grande École program, EDHEC offers several Master of Science (MSc) degrees, MBA programs (including a full-time Global MBA, an Executive MBA, and an Online MBA), and a PhD in Finance.[14][15]
Rankings
[edit]European Business Schools
- Financial Times - European Business School Rankings 2023: 7[16]
- Bloomberg Businessweek - European Business School Rankings 2023/2024: 13[17]
Master in Management (Programme Grande École)
- Financial Times - Global Ranking 2024: 4[18]
Master in Finance
- Financial Times - Global Ranking 2024: 6[19]
Research
[edit]EDHEC Business School is involved in academic research, supported by more than 175 faculty members and researchers. The institution dedicates approximately 20% of its budget to research, focusing on impactful studies and specialized areas. The school's research framework includes 13 centers and chairs, which collectively produce over 100 academic articles each year. These contributions cover a wide range of topics in business and finance.[20]
In 2023, EDHEC sold 93% of its subsidiary, Scientific Beta, to the Singapore Exchange. Valued at €200 million and established in 2012, Scientific Beta focuses on alternative index design. It has developed a global client base, including pension funds and asset managers. The proceeds from this sale are being used to finance EDHEC's research projects, including the development of a database for infrastructure investments and a fintech initiative focused on evaluating the financial, social, and environmental risks of long-term investments.[21]
Student life
[edit]EDHEC hosts a broad range of student organizations, encompassing over 100 associations in diverse areas such as sports, humanitarian work, arts, finance, and business services.[22]
The EDHEC Sailing Cup is one of the most notable events in the student life. First initiated in 1969 by three students, the event consists of an annual sailing regatta. By 1980, it had become the largest student sporting event in Europe. The event is organized by EDHEC students and features a series of sport competitions. It attracts approximately 2,000 participants from business, engineering, and medical schools, both from France and from abroad.[23]
Notable alumni
[edit]- Delphine Arnault - CEO of Dior, Executive Vice President of Louis Vuitton.
- Laurent Freixe - CEO of Nestlé.
- Daniel Kablan Duncan - Former Vice-President and Prime Minister of Côte d'Ivoire.
- Yves Navarre - French writer and founder of the Syndicat des écrivains de langue française (Union of French-speaking Writers).
- Sophie Bellon - Chairwoman of Sodexo.
- Count Alexandre de Lur Saluces - Viticulturist, Manager of Château d'Yquem.
- Christophe Bonduelle - Chairman of Bonduelle.
- Julien Anfruns - Former Director General of the International Council of Museums (ICOM) and Director of Corporate Affairs for Philip Morris.
- Laurent Saint-Martin - Minister for the Budget and Treasury of France.
- Éric Doligé - French politician.
- Pierre-Jean Verzelen - French politician.
References
[edit]- ^ "Sources addition".
- ^ a b c d e f g h "Our Mindset". EDHEC Business School. Retrieved 22 January 2022.
- ^ "EDHEC Business School Top Universities".
- ^ "L'industrie textile dans la métropole lilloise aux 19e et 20e siècles : mécanisation et essor urbain". Gallica (in French).
- ^ "Lille et la révolution industrielle". Institut national de l'audiovisuel (in French).
- ^ EDHEC. Perles d'histoire (video).
- ^ "Notre Histoire". EDHEC.
- ^ "France's educational elite". Daily Telegraph. 17 November 2003. Retrieved 5 February 2019.
- ^ Pierre Bourdieu (1998). The State Nobility: Elite Schools in the Field of Power. Stanford UP. pp. 133–35. ISBN 9780804733465.
- ^ What are Grandes Ecoles Institutes in France?
- ^ Monique de Saint-Martin, « Les recherches sociologiques sur les grandes écoles : de la reproduction à la recherche de justice », Éducation et sociétés 1/2008 (No. 21), p. 95-103. lire en ligne sur Cairn.info
- ^ Valérie Albouy et Thomas Wanecq, Les inégalités sociales d’accès aux grandes écoles (2003), INSEE
- ^ Ball, MBA Crystal (2019-04-19). "Top Grandes Écoles in France: Ranking, costs, job placements and more". MBA Crystal Ball. Retrieved 2023-07-09.
- ^ "Programme Grande Ecole de l'Edhec : prix, débouchés..." Le Figaro Étudiant.
- ^ "Find your programme". EDHEC.
- ^ "FT European Business Schools Ranking 2023". Financial Times.
- ^ "Bloomberg Businessweek European Business School Ranking 2023/24". bloomberg.com.
- ^ "Masters in Management 2024". Financial Times.
- ^ "Masters in Finance pre-experience 2024". Financial Times.
- ^ "Recherche et faculté - EDHEC Business School". EDHEC.
- ^ "L'Edhec cède une de ses filiales de recherche à la Bourse de Singapour". Le Figaro.
- ^ "Student Associations". EDHEC.
- ^ "Brest va accueillir le plus grand événement sportif étudiant d'Europe". Ouest France.