EDHEC Business School explained
EDHEC Business School |
Native Name: | Ecole des Hautes Etudes Commerciales du Nord |
Motto: | Make an impact |
Image Upright: | 1.5 |
Established: | [1] |
Accreditation: | Triple accreditation |
Students: | 8,600 (undergraduate and graduate) |
Faculty: | 167 permanent faculty members and 810 adjunct faculty[3] |
Budget: | €121.5 million |
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 in France, as well as in London, United Kingdom, and Singapore.[2]
EDHEC holds the triple accreditation (EQUIS, AACSB and AMBA). According to the Financial Times, the business school consistently ranks among the top 10 European business schools and is placed third in France.[4] [5] [6]
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.
History
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.
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
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
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
In 2022, EDHEC Business School was ranked among the top-10 European Business Schools. EDHEC's Master in Marketing is consistently ranked among the top 10 in the world, and its Master in Finance is regularly placed within the top 5 worldwide. The Financial Times ranked EDHEC #1 worldwide for their Master in Finance in 2017. The Economist ranks the school 3rd in the world for its Master's in Management.
Research
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.[77]
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.[78]
Student life
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.[79]
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.[80]
Notable alumni
External links
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Notes and References
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