EDHEC Business School (Ecole des Hautes Etudes Commerciales du Nord)

EDHEC Business School is a leading French business school. As a Grande école in France, it specializes in business and management studies. EDHEC Business School has 5 campuses: Lille, Nice, Paris, London, and Singapore.[4] EDHEC Business School offers undergraduate (BBA), graduate (MSc and MiM) and executive education (Global MBA, EMBA, PhD in Finance, as well as a variety of open and customized programmes).[5] It has 8,000 students enrolled in traditional graduate and undergraduate programmes, 150 partner universities and a network of more than 40,000 alumni in over 125 countries.

EDHEC Business School
TypeGrande école (Private)
Established1906[1]
Endowment€121.5 million (2016)[2]
PresidentEmmanuel Métais (Dean)
Academic staff
167 permanent faculty members and 810 adjunct faculty[3]
Students8,000 undergraduate and graduate students[3]
Location
Lille, France
Nice, France
Paris, France
CampusUrban
Websitewww.edhec.edu

EDHEC's MSc Financial Markets program was ranked #1 worldwide by Financial Times in 2017; making it one of the most prestigious financial study programs globally. Out of 14,000 business schools worldwide, EDHEC is one of just 80 business schools[6] that have the Triple Crown Accreditation from EQUIS, AACSB and AMBA.

EDHEC Business School is consistently rated as one of the top business schools in continental Europe and one of the leading business schools worldwide.

History

EDHEC Business School was founded in 1906 by entrepreneurs from the North of France.[7] Motte Duthoit, leading textile manufacturer and mayor of Roubaix, France, purchased the land known as “La campagne” on which EDHEC headquarters currently stand. Marcel Tiberghien, a prosperous wool industrialist from Tourcoing, and his wife Madeleine (née Vanoutryve), from a textile family from Roubaix, decided to move out of the town and house their large family in the fresh air of the countryside. The couple purchased a total of 7 hectares in Marcq-en-Baroeul and commissioned one of the greatest architects and landscapers of the time, Jacques Gréber, to design the Anglo-Norman style manor and the English gardens surrounded by century-old beech trees with a pond in the south part of the manor and a rose garden in the west part. He also built in the north part a gardener's house and a stable for three horses. Gréber is known for major projects such as the Fairmont Parkway in Philadelphia, urban plans for Montreal and Marseilles, etc.

The Manor now serves as a training centre for EDHEC Executive Education. "EDHEC" is originally an acronym for the French "École des Hautes Etudes Commerciales du Nord" or “School of Higher Education in Business Administration from the North”.

  • 1906 Creation of a department for business studies at the “Ecole des Hautes Etudes Industrielles” in Lille
  • 1921 Founding of the school under its current name « Ecole des Hautes Etudes Commerciales du Nord »
  • 1947 Establishment of Graduate Association, EDHEC Alumni
  • 1958 Choice of operational framework. Registration as an independent association with “Grande Ecole” status and ability to confer master-lever qualifications.
  • 1971 Official recognition of the School by the French Department of Higher Education and Research
  • 1983 First international agreement with London School of Economics
  • 1988 Launch of the ESPEME School (EDHEC BBA nowadays), delivering a 4-year bachelor programme
Edhec campus in Nice
  • 1991 Setting up the campus in Nice
  • 1999 EQUIS Accreditation. First international basepoint (London)
  • 2000 Introduction of the Executive programme portfolio
  • 2001 Launch of EDHEC Risk Institute (ERI)
  • 2003 AMBA Accreditation
  • 2004 AACSB Accreditation
  • 2010 Launch of the EDHEC Incubator (EYE)
  • 2011 Opening of the Executive campuses (Singapore and Paris)
  • 2012 Launch of ERI Scientific Beta. Strategic partnerships with Yale and Princeton.
  • 2013 Launch of EDHEC Family Business Centre (EFBC)
  • 2014 ESPEME becomes EDHEC BBA
  • 2016 Launch of EDHEC Infra
  • 2017 EDHEC joins Station F, the largest start-up campus in the world

Rankings[6]

EDHEC Business School is placed among the best business schools in France and globally. In 2016, EDHEC Business School was ranked among the top-15 European Business Schools. Furthermore, the Financial Times ranked EDHEC #1 worldwide for their Master in Financial Markets in 2017. EDHEC's Master in Financial Markets program is ranked in the global top-5 consistently. More rankings can be found below.

2015 2016 2017 2018 2019
FT - Global MBA - 84th 74th 75th NR
FT - Executive MBA - - 86th 80th 69th
FT - Master in Management 18th 15th 16th 17th 19th
FT - Master in Finance 3rd 4th 1st 3rd
The Economist - Master in Management - - 16th - 12th
The Economist - Full-Time MBA 44th 34th 32nd

Degree Programmes

EDHEC offers a Bachelor, Master in Management, Master of Science, Doctorate degrees in a variety of disciplines including finance, entrepreneurship, marketing, law and management. The school also has two Masters in Business Administration programmes: the EDHEC Global MBA (full-time MBA) and the EDHEC Executive MBA. EDHEC programmes benefit from the output of EDHEC researches. Studies combine theory with a hands-on approach to the business world, underpinned by international academics and the expertise of corporate executives.

All courses are taught in English and in a mixture of French and English.[8]

International BBA

The Bachelor in Business Administration is the undergraduate degree of EDHEC Business School. The 4-year programme alternates work placements and academic exchanges worldwide. Three tracks are offered: Global Business Track, Business Management Track and the On-line track, plus an apprenticeship section. After their degree, students may choose to pursue their studies or start their professional career.

Master in Management (MiM)

The MiM is the historic “Grande Ecole” programme of EDHEC Business School. The 2-year course provides with different areas of specialization: Financial Economics, Business Management or Global Economic Transformation & Technology. Taught entirely in English, all the MiM tracks (except the Global Economic Transformation & Technology track) award a Double Degree: Master in Management and Master of Science.

Masters of Science (MSc)

EDHEC offers 13 MSc programmes for studies in corporate finance & banking, finance, financial markets, international accounting & finance, risk and finance, Law and Tax Management, Creative Business & Social Innovation, Data Analytics & Digital Business, Entrepreneurship & Innovation, Global business and Sustainability, Management Studies, Marketing management and strategy, Consultancy and Digital transformation.[9]

Global MBA

The Global Master of Business Administration of EDHEC Business School has an international student body from 37 countries with an average of 7 years’ work experience (as of 2017 promotion). The 10-month programme, full in English, allows students to craft a customized experience, choosing from 4 different key areas: Entrepreneurship, Digital Innovation, International Finance and Global Leadership. Headquartered in the French Riviera, this degree programme proposes business trips[10] enabling students to develop a global mindset and visit businesses in South Africa, London, Paris, Singapore or Silicon Valley.

Executive MBA

This part-time programme is aimed to meet the educational needs of managers and executives, allowing participants to earn an MBA in 16 months while working. Participants come from all type and size of organizations – profit, nonprofit, government – representing a variety of industries. EDHEC EMBA participants typically hold a higher level of work experience (8 years or more), compared to full-time MBA students. With a student body that is 22% international and 34% female (as of 2017 promotion), this degree programme proposes two intakes (February or September) and two formats: weekend format (Friday and Saturday, twice a month) or weekday format (Wednesday to Saturday, once a month).

PhD in Finance

EDHEC Business School believes that academic research has a vital role to play in promoting innovation and constantly raising professional standards. With a century-long tradition of serving the needs of the community, it has defined a ‘Research for Business’ orientation and has spelled out its educational credo as ‘professional development through research-based excellence.’ The EDHEC PhD in Finance is the culmination of this ambition. The EDHEC PhD in Finance is the highest degree conferred by the Business School. This doctoral degree is academically intensive and prepares students for a career in academia or industry. Its structure includes core courses, electives, research workshops and a final dissertation.

Partnerships and alliances

EDHEC has 230 international partners offering 22 double degrees. It has strategic academic alliances with the London School of Economics and Political Science, UCLA, and MIT Sloan School of Management.[11]

EDHEC has a close relationship with the industry, both in regards to the production of academic contents and with experience on campuses. More than 150 companies have become members of the EDHEC Business Club, which enables them to privileged services and showcasing their employer brand among students. Innovative projects have born through these synergies, converging into the EDHEC Pedagogical Factory, which was awarded in 2017 by AACSB in the framework of their initiative "Innovations that inspire"[12]

In that regard, EDHEC continuously co-develops multidisciplinary learning modules with corporate partners. Some of the specific examples are the Explora Digital Certificate, EDHEC Open Innovation or the NéGO! Challenge.

Research

EDHEC Business School is involved in academic research.

EDHEC counts with six research centres in financial analysis and accounting, economics, risk and asset management, law, family business and infrastructure. The common goal of research centres is to meet international academic standards while also making the results useful to business and to policymakers. EDHEC conducts applied research in the following fields:

  • Finance: Created in 2001, EDHEC-Risk Institute conducts research in asset management, most particularly in the organisation and improvement of risk management for industry players. The research efforts on investment solutions are supported by institutional investors and asset managers, including Amundi, CalPERS, PIMCO and Merril Lynch Bank of America, with the collaboration of academic partners such as Princeton University and Yale SOM. Research and educational outputs involve the production of indices and academic publications (both openly available on EDHEC website), conferences and executive education programmes.
  • Accounting and financial analysis: Created in 2006, the EDHEC Financial Analysis and Accounting Research Centre works on the choice of discount rate in company valuation and in particular on the integration of systemic accounting risk.
  • Economics: Since February 2006, EDHEC has had an economics research team focused on public policy and state reform. This team works on four broad themes: financing and reform of the welfare state, labor policies and competition, evaluation of sovereign risk and optimal management of the public debt and European budgetary governance.
  • Legal: The Legal EDHEC Research Centre has Legal Performance and Company Competitiveness as a subtitle. At the heart of the Centre is the notion of legal performance and its variations.
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References

  1. "Sources addition". http://www.mba.com. External link in |journal= (help)
  2. "Key Figures". edhec.edu.
  3. "EDHEC Business School Top Universities". http://www.topuniversities.com. External link in |journal= (help)
  4. "Our campuses". edhec.edu. Retrieved 2018-09-18.
  5. "EDHEC Business School". Top Universities. 2015-07-16. Retrieved 2017-10-30.
  6. "Our influence". edhec.edu. Retrieved 2018-09-18.
  7. "EDHEC Business School". The Official GMAT Web Site. Retrieved 2017-10-30.
  8. "EDHEC Business School Business Week". http://www.businessweek.com. External link in |journal= (help)
  9. "Programme Portfolio". master.edhec.edu. Retrieved 2018-10-31.
  10. "Comment réussir son MBA: ils racontent leur expérience". Challenges (in French). Retrieved 2017-12-07.
  11. "International Academic Partners". edhec.edu. Retrieved 2018-09-18.
  12. "AACSB Innovations That Inspire 2016". aacsb.edu. Retrieved 2017-12-07.

EDHEC Official websites

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