| ESSEC Business School | |
|---|---|
| École Supérieure des Sciences Économiques et Commerciales | |
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| Motto | Agir En Pionniers |
| Motto in English | Acting As Pioneers |
| Established | 1907 |
| Type | Grande École |
| Religious affiliation | Catholic Church |
| President | Pierre Tapie |
| Faculty | 125 |
| Students | 3,900 |
| Location | Cergy, France |
| Campus | Urban |
| Former names | Institut Économique |
| Athletics | 12 Varsity teams FFSU |
| Website | www.essec.edu |
ESSEC (École Supérieure des Sciences Économiques et Commerciales) is one of the foremost business schools and Grandes écoles in France, frequently ranked first by some magazines[1][2]. ESSEC was ranked 7th best MBA in the world by The Wall Street Journal[3] in 2007. The school is known for its extremely competitive entrance exam and has among its notable alumni many CEOs of French or international companies.
ESSEC was created by Jesuits in 1907, and originally located in the heart of Paris, next to the University of Paris II: Panthéon-Assas, rue d'Assas. Its campus was later relocated to Cergy-Pontoise, 30 km west of Paris (Val d'Oise), in 1973.
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- In 1997, ESSEC became the first business school outside of North America to be accredited by the AACSB (Association to Advance Collegiate Schools of Business);
- In 2003, ESSEC also received accreditation for all its programs from EQUIS (European Quality Improvement System);
- ESSEC is accredited by the French Ministry of Education.
The ESSEC MBA is an innovative model among MBA formats, as it is designed for students with no professional experience, instead of managers with 4–8 years of experience like most programs. The MBA diploma is only delivered upon completion of a required amount of time spent in internships.
Admissions to the ESSEC MBA: the "Concours Grandes Ecoles"
Along with HEC, ESSEC is one of the two top schools among the Business Grandes écoles, and as such it requires passing a very selective entrance examination.
It takes place between May and June. Every year, ESSEC recruits about 360 students through this examination process. Most of the students who sit for the entrance examination come from the French “classes préparatoires”, also called “classes prépa”. The “classes préparatoires” last two years and their only purpose is to prepare students for the French Business Schools’ selective entrance examination.
ESSEC, along with many other business schools, tests the candidates on their knowledge in mathematics, economics, history, philosophy, general culture and languages. The candidates must also pass a series of oral exams in order to enter the school.
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| Candidates | Number of places offered | Selectivity rate | Yield |
| 3942 | 365 | 9,26% | 54% |
It is however notable that many students in "classes préparatoires" choose not to pass the ESSEC exam because they consider it is too difficult. There are approximately 16,000 undergraduate students who follow this intensive academic training known as "prépa économiques et commerciales".
MBA Double Degree Partners[4]
MBA Exchange Partners
The Specialized Master’s degrees are accredited by the “Conférence des Grandes Ecoles” in France. These programs are short, intensive, professional, and specialized to allow students finishing their studies or young professionals to complete their initial training (usually scientific or engineering) by acquiring complementary expertise fully recognized in the market. To follow these programs, students must speak French fluently. Some of them are now entirely taught in English. One of ESSEC's specialized masters, the M.S. Strategy and Management of International Business was ranked 6th in the Financial Times 2005 European Masters in Management ranking in addition of being ranked 1st for six consecutive years in France.
List of ESSEC M.S. Specialized Masters Programs:
Admission to ESSEC Specialized Masters programs
Students applying for the "ESSEC M.S. Specialized Masters" Programs can choose to take either Graduate Management Admissions Test (GMAT) or the French equivalent Tage Mage in addition to specific language examinations such as TOEFL or IELTS for English and TEF for French.
The "Institut de Management Hotelier International"'s MBA in International Hospitality Management, originally co-founded by ESSEC and Cornell (although it is now only operated by ESSEC), prepares future managers:
- to work in functional specialties or senior operational positions of leading international hospitality management organizations such as hotel chains, restaurant chains, contract food services, theme parks, recreational complexes, and allied travel and service companies.
- to reach the higher levels of management in independently owned hotels, resort developments, consulting activities (project development, market research, quality assurance, asset valuation), retirement communities, product sales (equipment, food, hardware and software), and family and entrepreneurial businesses.
It is one of the most recognized Hospitality Management programs in the world.
Since its foundation in 1995, the MBA specialized in Luxury Brand Management has become a global reference in graduate education in the luxury industry, and is still today the only MBA specialized in luxury brand management in the world. Thanks to partnerships with leading brands and institutions, the ESSEC MBA Luxe trains a new breed of managers at the heart of the ever-changing luxury sector.
ESSEC and Mannheim Business School launched their common Executive MBA Program in 2004. Building on the excellent reputation as one of the first established Executive MBAs in Europe by ESSEC since 1994 several tracks are proposed: "Week-end", either in Paris (in English and French) or in Mannheim (in English) or "Modular" with modules in Mannheim, Paris and various other locations worldwide. EQUIS[5] and AACSB[6] accredited program.
Graduates have access to the alumni organisation of both schools.
The ESSEC & MANNHEIM Executive MBA currently ranks 26th in the world ranking of international Executive MBAs, published in the Financial Times, after 31st in 2006 and 21st in the 2005.[7] The ESSEC & MANNHEIM Executive MBA, the number 1 programme of its type in France and the 9th best in Europe. Also in the 2005 Financial Times ranking, the ESSEC & MANNHEIM Executive MBA is ranked:
The "École des Practiciens du Commerce International" is ESSEC's Bachelor of Business Administration program.
The PhD trains future professors, researchers and consultants at top international level. The goal is to prepare students not only to master methodologies, but also to advance knowledge and play an active role in the international academic community. Before starting their dissertation work, students must follow a two-year program of courses and seminars that ends with Preliminary Examinations and a Dissertation Proposal. The curriculum starts with an intensive period of interdisciplinary training common to all students. This is followed by rigorous research training for the chosen field of specialization.
30% of ESSEC professors come from outside of France. The ESSEC community of 5,200 students includes about 1,200 foreign students, representing over 70 nationalities.
Moreover, several student clubs unite people from same countries to promote their culture at ESSEC. Such clubs include "ESSEC India", "ESSEC Liban" (Lebanon), "ESSEC Chine" (China), and many more.
Clubs such as "Melt" or "World Wide Welcome" promote interaction between people from different countries, by organizing welcome parties for incoming international students, and various social events along that line.
In 2006, ESSEC set up a campus in Singapore. For MBA students, this program lasts 6 months and focuses on Asian business issues in the areas of finance, marketing and business strategy. The campus is located on the 13th floor of the National Library.
ESSEC has a very rich student culture. From entrepreneurial to humanitarian, from cultural to sports-related, there are more than 100 student clubs at ESSEC, among which:
With a current network of more than 32,000 alumni, ESSEC is one of the most influential business institution in France. Among former students, many have reached top positions in the business world,-including in Fortune 500 companies-, and in politics. The following list of notable alumni is not exhaustive.
and many more.
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