This is HEC Mai2012

8/20/2019 This is HEC Mai2012

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This is HEC Paris

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A unique programportfolio

Page 10

A place to live

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Cutting-edge facultyand research

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Privileged corporaterelationships

Page 24

HEC AlumniAssociation

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International reach

Page 32Social awareness

Page 36

Entrepreneurship

Page 40

The Campaign2008-2013

Page 44

A place where leadersspeak

Page 47

Highlights from2010-2011

Page 50

Contents


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This is HEC Paris

Much has changed since 1881 when the Paris Chamber of Commerce and

Industry created a school to train 57 young men to assume leadership positions

in society. Surviving two World Wars and the 1929 Great Depression, HEC Paris

has continuously reformed its curriculum and teaching methods to ensure that

the education it provides can drive, as well as reflect, the world’s business

environment.

International engagement and an innovative, practical approach to training

tomorrow’s business leaders are not just ambitions: they are goals we have

successfully achieved for more than 130 years. In 2011, we remain as

committed to them as ever. I hope you will join us as we embark upon the

next 130 years!

Bernard Ramanantsoa

Dean, HEC Paris

2

1881 - 2011130 years


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Students & participants

4,063students and participants across alldegree programs

40%international students

95nationalities

8,000executives and managers trainedeach year

Faculty & staff

267total faculty

109full-time faculty

56%international full-time faculty

473administrative and services staff from24 countries

ParisTechHEC Paris is a founding member ofParisTech

International reach

119academic partners worldwide

24double and joint degree programs

44,000alumni in over 113 countries

Corporate relations

250recruiting companies on the campus

each year

55international companies are membersof the HEC Foundation (as of April 2011)

15chairs

Campus size

1,3square kilometers of countryside at theJouy-en-Josas campus

1,660square meters of space at the Pariscampus

#1

Business School in Europe(Financial Times ranking, December 2010,for the fifth consecutive year)

International rankingsin 2010-2011

MSc in ManagementGrande Ecole program was ranked #3 worldwide by the Financial

Times (FT), September 2010 #1 in France by leading national

publications, including L’Express,Le Point, Le Figaro Étudiant andLe Parisien

Masters in International Finance

program

was ranked #1 worldwide by the FT,June 2011

MBA program was ranked # 9 worldwide by the Economist,

October 2010 #18 worldwide by the FT,

January 2011

TRIUM Global Executive MBA

was ranked #3 worldwide by the FT,October 2010

Executive Education was ranked#1 worldwide by the FT, May 2011


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4

HEC Paris mission and values

HEC Paris has consistently developed awide and unique range of programs for

the 20-year-old student to theinternational senior executive in Franceand across the world.

HEC Paris’ mission is to shape theglobal leaders of tomorrow, capable ofbecoming architects of a responsibleworld. This mission is based on twopillars: a rigorous researchenvironment and close connections tothe corporate world. The combination of

high quality research, underlying thepedagogical innovation at HEC Paris,and close corporate connections, givesthe HEC community the necessary toolsand background to challengeestablished rules and to invent the newsocial and economic paradigms oftomorrow’s world, rather than simplyreproduce them.

HEC Paris enacts this mission inharmony with three core values:

Excellence as an objective in all that

we undertake

The value of knowledge as a vehicle

to fight sectarianism and ideology

The importance of participating as

a major player in the construction

of a responsible world

These values are the foundation of aconviction shared by the HECCommunity: knowledge determines thefreedom and entrepreneurship requiredfor a better world. This conviction isaffirmed with our motto “The more youknow, the more you dare”.

HEC Paris, founded in 1881 by the ParisChamber of Commerce and Industry

(the “CCIP”), is one of France’s oldestelite higher education Grandes Ecoles .Unique to France, the concept wasintroduced by Napoleon so that “thebest and the brightest” could bechanneled into his armies andengineering corps. Unlike French publicuniversities which are required toaccept all candidates from the sameregion who hold a baccalauréat , theselection criteria for the Grandes Ecoles rest mainly on competitive written and

oral exams, taken by students fromdedicated preparatory classes.

Throughout its 130-year history, HECParis has continually attractedindividuals highly capable and talented,innovative and entrepreneurial,ambitious and open minded.

1881, first class at HEC Paris, rue de Tocqueville


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ParisTech is a research and highereducation consortium that bringstogether 12 of France’s mostprestigious Grandes Ecoles

(Engineering and Business schools):each institution is recognized as aleader in France in its field.

HEC Paris has been a founding memberof ParisTech since 2008.

ParisTech’s ambition is to:

Create a full service science,technology and managementuniversity ranked among the world’stop 20 education and researchuniversities by 2020

Develop the excellence of its researchand give ParisTech leadinginternational visibility andattractiveness

Develop its innovation potential bystrengthening its already close tieswith the business world

Place itself at the centre of the“knowledge triangle” (education –research – innovation) in partnershipwith the business and institutionalcommunities along with majorresearch organisations

HEC Paris is affiliated to the CCIP, the

leading Chamber of Commerce andIndustry in France and Europe. Thispublic establishment is run by 84elected representatives, all of whom arebusiness leaders.

Its missions include:

Representing business interests tolocal, national and European publicauthorities

Advising companies at each stage oftheir development

Training: each year the CCIP provides14,500 young people with initialtraining and more than 30,000 adults

with in service training, within its

11 schools

Developing excellence in the field oftrade shows, conventions andexhibitions

The CCIP now represents 400,000

companies located in the four districtsof Paris center, Hauts-de-Seine, Seine-Saint-Denis and Val-de-Marne

Pierre-Antoine Gailly,President

The Paris Chamber of Commerce and Industry

Jean-Paul Vermes,First Vice President

ParisTech

The Paris Chamber of Commerce and Industry, Avenue de Friedland, Paris


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The Grand Palais, Paris


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The HEC Paris Board andInternational Advisory Board bringtogether top executives andacademics from around the world.These leaders help shape HECParis’ strategy and ensure that itremains in line with the changingneeds of international business.

HEC Paris BoardHenri PROGLIOPresident of the HEC Paris BoardChairman and CEO, EDF

Raymond ALBEROManaging Director, AIE TrainingCécile ANDRÉ-LERUSTEDeputy CEO, SG Equipment FinanceMichel AUSSAVYPresident, MD & SalesPhilippe CAILLETONManager, Le BrisemicheJérôme FRANTZManaging Director, Frantz ElectrolyseArnould d’HAUTEFEUILLECEO, Jacques BollingerBernard IRIONMember of the Board, F4 SAMichel LAURENTGeneral Manager, Acieries de la SeineSoumia MALINBAUMDirector, Group Business Development,KEYRUSOlivier MELLERIOCEO, MELLERIO dits MELLERNicholas MOUFFLETManaging Director, JAM SARLHervé SAINT-SAUVEUR

Chairman of the Board, LCH Clearnet SAClaude de SAINT-VINCENTGeneral Director, Media-ParticipationsPresident, Dargaud S.AFrançois SÉGUINEAUExecutive Vice President, Toshiba Systemes(France) SASAmaury de TURCKHEIMPresident, SVP TRANSPORT Group

International AdvisoryBoardSeiichiro ADACHIPresident, Toyota Tsusho Europe SAJean-Paul AGONCEO, L’OréalJean-Luc ALLAVENAManaging Partner, Apollo ManagementInternational LLP; Honorary President, HECAlumni Association and HEC FoundationJean d’ARTHUYS

Managing Director and member of theExecutive committee, Fonds Stratégiqued'Investissement; President, HEC AlumniAssociationAbdulla Ali AL-THANIVice President of Education, QatarFoundationDaniel BERNARDChairman, HEC Foundation; Chairman,Kingfisher plc; Chairman, M.A.F RetailGroup; President, Provestis; Senior Advisor,Tower Brook PartnersEugenia BIETODirector General, ESADEBernard BOURIGEAUDFormer CEO, Atos OriginHenri de CASTRIESChairman of the Management Board andCEO, AXA GroupPeter CHILDDirector, McKinseyXavier CORNUExecutive Director of Education and TrainingDivision, CCIPYves COUILLARDCEO, BcomBest; Former CEO, Hewlett-Packard FranceAndrea CUOMOExecutive Vice President, General ManagerSales & Marketing Europe,ST MicroelectronicsFrank DANGEARDManaging Director and Founder, HarcourtThomas EDIGMember of the Board of Management,

Porsche AGAmy EDMONDSONNovartis Professor of leadership andmanagement, Harvard Business SchoolOrit GADIESHChairman, Bain & CompanyPierre-Antoine GAILLYPresident, CCIPDominique HANSSENSBud Knapp Professor of Marketing, UCLAAnderson School of Management

Guillaume d’HAUTEVILLEVice Chairman - Investment BankingEurope, Nomura InternationalSylvain HEFESSenior Advisor, Rothschild & SonAnne-Marie IDRACFormer French Secretary of State, in chargeof External Commercial AffairsClaude JOUVENFormer CEO, Citibank/Citigroup France,Belgium, Luxembourg and Ireland; HonoraryState AdvisorPaul JUDGEChairman, Schroder Income Growth Fundplc; Director, Standard Bank Group Ltd ofJohannesburgBruno LAFONTChairman and CEO, LafargeBertrand LEONARDDeputy CEO, ExaneHans Ulrich MAERKIChairman, IBM EMEABaron PFETTENPresident, Royal Institute of East-WestStrategic Studies (Oxford)Karsten POPPSenior Vice-President EMEA, AutodeskHenri PROGLIOChairman and CEO, EDF; President of theHEC Paris BoardBaudouin PROTCEO, BNP ParibasFranck RIBOUDCEO, Danone GroupStéphane RICHARDChairman and CEO, France TelecomDavid SCHMITTLEINDean, MIT Sloan School of ManagementAlvin SILKLincoln Filene Professor of BusinessAdministration, Harvard Business SchoolDomenico SINISCALCOVice Chairman, Morgan Stanley InternationalFrancesco STARACECEO, Enel GreenpowerEzra SULEIMANIBM Professor, Princeton University

Pierre TROUILLETGeneral Manager, CCIPFrançois VACHEYFormer Executive Vice-President, L’OréalJean-Paul VERMESPresident, VMS France;First Vice President, CCIPChristian VULLIEZMember of the High Council for Education,French Ministry of National EducationChunjun ZHAOEmeritus Dean, Tsinghua University

HEC Paris Governance


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HEC Paris campus in winter


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Masters Degrees(Full-time, pre-experience

programs)

MSc in ManagementGrande Ecole program (18 months,French and English)Designed for students who hold aBachelor’s degree in any field. The firstyear is comprised of general businesscourses; the second year is devoted tothe student’s area of specialization.

One-year MSc’s(12 months, English)

Designed for students who hold aBachelor’s degree in Business andwant to acquire expertise in a specificfield of management: InternationalBusiness, Managerial and FinancialEconomics, International Finance,Sustainable Development andMarketing.

Specialized Masters(12 months, French and English)

Designed for professionally experiencedcandidates with an advanced leveldegree in any field. These programsenable specialization in a specific fieldof management.

MBA ProgramFull-Time MBA program

(16 months) and Part-Time Option(24 months)The MBA addresses both functional and

cross-functional skills through afundamental and a customized threadto cover all areas of management indepth. Participants will, throughout theprogram, enhance their leadershippotential through unique learningexperiences in a diverse environment,

developing their self-awareness andpeople and relationship management,to boost, and even change, their careerpath.

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A uniqueprogram portfolio

Since 1881, HEC Paris hasoffered management programsfor top talent from around theworld.

Today, HEC Paris’ mission isto foster teaching and researchin management for studentsand executives across the world.


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PhD Program(4 years)The PhD program offers high-quality,internationally renowned training forprofessor-researchers. The programprepares participants for publishing inleading academic journals throughoutthe world as well as for future researchand teaching challenges.

Executive EducationHEC Paris Executive Education deliversprograms specifically designed for

experienced managers and executives.In addition to EMBAs and MastersPrograms, HEC Executive Educationoffers open-enrolment and customprograms, as well as coaching.

Highlights from the range of programs:

TRIUM Global Executive MBA

(16 months)Specially designed for globalexecutives and CEOs, this is a jointdegree developed by HEC Paris,New York University Stern School ofBusiness and London School ofEconomics and Political Science.

HEC Executive MBA

(14 to 16 months)A multi-site degree program designedto propel mid-career professionalsinto the executive board level. Theprogram is now available in5 locations (Paris, Beijing, Shanghai,Doha and St. Petersburg) with sixmajors: Entrepreneurship &Innovation, Differentiation throughService, Global BusinessPerspectives, Aerospace & Aviation,Management in an Energy-concernedEconomy, and Luxury.

Executive Specialized Masters

(11 months)These postgraduate degree programs

provide specialized training in specificareas of management.

Open-enrolment programs

HEC Paris offers executiveparticipants the option to developtheir operational skills through short,targeted executive programs, whichcover key management issues:

44 short programs (2 to 5 days)21 Executive Certificates in

French (12 to 30 days)

Custom programs

These programs are tailored anddelivered to the precise specificationsof the company.

A lecture theater in 2010

A lecture theater in 1881


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On-campusaccommodation

1,532individual rooms69apartments reserved for couples andfamilies

Sports facilities

2,000square meters of gymnasiums andsports halls

8,000square meters of sports fields

Including soccer pitches, rugby fields,indoor and outdoor tennis courts,fencing room, fitness center, martialarts center, climbing wall, and severalgolf courses just a few minutes fromcampus

Other on-campus

servicesMultimedia center and I.T suitesLanguage labs and resource centersTrading roomBusiness bookshopsPrinting shopDaycare centerInfirmaryEcumenical center

79classrooms

31auditoriumswith over 50 seats, including one474-seat amphitheatre with a stage

Student-runorganizations and clubson campus

130student-run organizations includinghumanitarian, cultural, international,events and career-related, sports andleisure-related associations.Social and professional clubs arededicated to topics such as finance,marketing, business ethics and womenin leadership

Library & computerfacilitiesMultimedia library and resource center

60,000books

16,000 + electronic resources

85 online databasesA Wi-Fi networkOpen-access computer rooms

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A place to live

The HEC Paris campus offersa unique setting: a 1,3 km2 sitewith woods and lake, close toboth Paris and Versailles.

The facilities and setting havebeen designed to foster learning

in a supportive, comfortable anddynamic environment.

On-campus accommodationand activities help create strongbonds among students, withample opportunity for a richsocial life.

At the end of 2011, 8,000 m2

of new study facilities andresidential rooms will beinaugurated on campus.


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Student association: Extravadanse


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Facultyon 1 January 2011

109full-time faculty members including:95% hold a PhD56% faculty from abroad

29 nationalities27% women

27Emeritus faculty

86affiliate professors, generally prominentmembers of the business communitywho have established a long-term

relationship with HEC Paris

45visiting professors, includingJay ANAND,Ohio State University, USASundar BHARADWAJ,Emory University, USARamesh BOLLAPRAGADA,San Francisco State University, USA

Jean-Philippe BONARDI,Université de Lausanne, SwitzerlandSteven EPPINGER,Massachusetts Institute of Technology, USAAllègre HADIDA,University of Cambridge, UKThomas HEMMER,Rice Jones Graduate School of Business,USAReuven LEHAVY,University of Michigan Business School, USA

Vladimir MARES,Northwestern University - Kellogg School ofManagement, USAJoseph MILNER,University of Toronto, CanadaEmre OZDENOREN,London Business School, UKLuis PEREIRO,Universidad Torcuato Di Tella, ArgentinaMichaël PRESTON,Columbia University, USASubramanyam RAGHUNATH,Indian Institute of Management Bangalore,IndiaJuan RAMIS,ESADE Business School, SpainKulwant SINGH,

National University of Singapore, SingaporeDaniel SKARLICKI,University of British Columbia, CanadaMarie SUSHKA,Arizona State University, USAJuhani VAIVIO,Aalto University, FinlandKathy YUAN,London School of Economics and PoliticalSciences, UK

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Cutting-edge researchand acclaimed faculty

HEC Paris is committed todeveloping knowledge and thebest practices in management.

The active involvement ofprofessors in researchguarantees that our coursesintegrate the latest findings inmanagement science.

A vibrant research environmenthelps make HEC Paristhe school of choice forstudents and faculty alike.


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Academic contributionin 2009 and 2010

HEC Paris Workshopsin 2010

2nd Paris Spring Corporate Finance

Conference, organized by UlrichHege, Professor of Finance

From Routine to Movements and

Back, organized by Rodolphe Durand,Professor of Strategy & BusinessPolicy

INTAACT organized by Hervé Stolowy,Professor of Accounting &Management Control and ThomasJeanjean, Associate Professor ofAccounting & Management Control

Marketing Research Camp, organizedby Selin Atalay, Assistant Professor of

Marketing

Academic Entrepreneurship from

Knowledge Creation to Knowledge

Diffusion, organized by ThomasAstebro, Associate Professor ofStrategy & Business Policy

2nd HEC Finance and Statistics,organized by Laurent E. Calvet,Professor of Finance and VeronikaCzellar, Assistant Professor ofEconomics & Decision Sciences

1

st

HEC Paris Workshop onRegulation “Emergency Regulation

under the Threat of a Catastrophe”,organized by Alberto Alemanno,Associate Professor of Law

In-house publication

Research@hec

the online and print magazine, whichshowcases academic research to a

non-expert audience

Research partnerships

The HEC Center GREGHEC(Groupe de Recherche et

d'Etudes en Gestion at HEC)

is a joint CNRS-HECresearch laboratory. The CNRS is themain French institution for academicresearch. The members of the

GREGHEC laboratory include HEC Parisfaculty professors and CNRSresearchers, PhD students andresearchers with post-doctoral

contracts. HEC Paris is the only Frenchbusiness school to have developed sucha partnership with the CNRS.

The GIS (Groupement d’InterêtScientifique) “Decision Science”

is a joint-venture by HEC Paris, EcolePolytechnique, ENSAE ParisTech (ParisGraduate School of Economics,Statistics and Finance) and the CNRS.The partners develop joint researchprojects on individual and groupdecision making.

HEC ParisPhD Program

HEC Paris offers a Doctoral

program leading to a PhD inManagement and placement inprestigious internationalinstitutions.

81 students are currently enrolledin the PhD program in January2011 among whom 19 wereadmitted in September 2010

42% of students are international(22 countries of origin)

6 specializations:

Accounting & ManagementControlFinanceHuman Resources &OrganizationMarketingOperations & Supply ChainManagementStrategy & Management

4 dissertations defended betweenSeptember 2010 and April 2011

PlacementAfter graduation, HEC Paris PhDparticipants find placements at toplevel academic positionsworldwide, such as Richard IveySchool of Business, University ofWestern Ontario, Canada andLondon School of Economics andPolitical Sciences, UK.

Researchin the rankings

HEC Paris was ranked

3rd in Europe for researchin the 2011 Financial TimesMBA ranking

175

24

57

34

408

18

153

articles in refereed academic journals

books

chapters in collective books

published proceedings

presentations at academicconferences

case studies

articles in non-peer reviewed journals


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Faculty liston 1 January 2011

16

Accounting & ManagementControlWalid ALISSAPhD Pennsylvania State University, USADiane-Laure ARJALIESPhD Essec – Université Paris-Ouest, FranceRaul BARROSOPhD, HEC Lausanne, SwitzerlandSrile BURKLANDPhD University of Vaasa, FinlandVedran CAPKUNPhD University of Lausanne, SwitzerlandEve CHIAPELLOPhD University of Paris IX-Dauphine, FranceClaire DAMBRINPhD University of Paris IX-Dauphine, FranceCaroline LAMBERTPhD University of Paris IX-Dauphine, FranceCédric LESAGEPhD University of Rennes I, FranceHélène LONINGPhD HEC Paris, FranceVéronique MALLERETPhD University of Paris IX-Dauphine, FranceMartin MESSNER

PhD University of Innsbruck, AustriaCarlos RAMIREZPhD EHESS, FranceAndreù SOLEPhD University of Nancy II, FranceHervé STOLOWYPhD University of Paris I-PanthéonSorbonne, France

Economics & DecisionScienceAlessandro CITANNAPhD University of Pennsylvania, USA

Veronika CZELLARPhD University of Geneva, SwitzerlandItzhak GILBOAPhD Tel Aviv University, IsraelAi-Ting GOHPhD University of Pennsylvania, USA

Brian HILLPhD University of Paris I-PanthéonSorbonne, FranceGilles MAUFFREYPhD University of Paris IX-Dauphine, FranceTomasz MICHALSKIPhD Columbia University, USAEloïc-Anil PEYRACHEPhD University of Toulouse, FranceDina ROSENBERGPhD University of Paris X-Nanterre, France

Marco SCARSINIPhD University of Paris IX-Dauphine, FranceTristan TOMALAPhD University of Paris I-PanthéonSorbonne, FranceNicolas VIEILLEPhD University of Paris VI-Pierre et MarieCurie, France

FinanceBlaise ALLAZPhD Princeton University, USAJoël BESSIS

PhD University of Paris IX-Dauphine, FranceLaurent CALVETPhD Yale University, USAFrançois DERRIENPhD HEC Paris, FranceThierry FOUCAULTPhD HEC Paris, FranceLaurent FRESARDPhD University of Neuchâtel, SwitzerlandUlrich HEGEPhD Princeton University, USAJohan HOMBERTPhD University of Toulouse I and EHESS,FranceAntoine HYAFILPhD HEC Paris and University of Orleans,France

Stefano LOVOPhD Catholic University of Leuven, BelgiumJacques OLIVIERPhD University of Pennsylvania, USA

Evren ÖRSPhD Carroll Graduate School ofManagement, Boston College, USAChristophe PERIGNONPhD Swiss Finance Institute, SwitzerlandIoanid ROSUPhD Massachusetts Institute of Technology,USADavid THESMARPhD EHESS, FrancePhilip VALTA

PhD Ecole Polytechnique de Lausanne,Switzerland

Languages & CulturesHans BRODERSENPhD University of Paris VIII-Vincennes-Saint-Denis, FranceMichael BROOKESPhD University of Paris IV-Sorbonne, FranceValérie GAUTHIERPhD University of Sorbonne Nouvelle-Paris III, FranceSylvie GERVAISMaster of Arts University of Boulogne, France

Jocelyne REITHMaster of Arts University of Paris IV-Sorbonne,FranceChristopher ROBINSONPhD University of Paris X-Nanterre, France

Management & HumanResourcesCharles-Henri BESSEYRE DES HORTSPhD University of California, Los Angeles,USAFrançoise CHEVALIER

PhD HEC Paris, FranceAdina DABUPhD University of Illinois, USAElie MATTAPhD University of Western Ontario, Canada


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Vesa PELTOKORPIPhD Swedish School of Business &Economics, FinlandMathis SCHULTEPhD Columbia University, USAMichael SEGALLAPhD University of Iowa, USAAmy SOMMERPhD University of Western Ontario, CanadaEris Luis UHLMANNPhD Yale University, USA

Kevyn YONGPhD Cornell University, USA

MarketingSelin ATALAYPhD Pennsylvania State University, USAAnne-Sophie BAYLE-TOURTOULOUPhD HEC Paris, FranceFrédéric DALSACEPhD INSEAD, FranceJean-Marc DE LEERSNYDERPhD University of Paris V-Descartes, FranceKristin De VALCK

PhD Erasmus University Rotterdam,The NetherlandsJean-Michel GAUTIERPhD EHESS, FranceBo HUANGPhD University of Michigan, USAJean-Noël KAPFERERPhD Northwestern University, USABruno KOCHERPhD University of Lausanne, SwitzerlandJoseph LAJOSPhD INSEAD, FranceGilles LAURENTPhD Massachusetts Institute of Technology,USALaurent MARUANIMSc in Management HEC Paris, France

Dominique ROUZIESPhD McGill University, CanadaBige SAATCIOGLUPhD Virginia Tech, USAFrancesca SOTGIUPhD Erasmus University Rotterdam,The Netherlands

Wolfgang ULAGAPhD University of Paris I-Panthéon Sorbonne,FranceMarc VANHUELEPhD Anderson Graduate School ofManagement, UCLA, USAStefan WORMPhD University Kaiserslautern, Germany

Operation Management& Information TechnologyGérard BAGLINMSc in Management HEC Paris, FranceOlivier BRUELMSc in Management HEC Paris, FranceMarie-Hélène DELMONDPhD HEC Paris, FranceSihem JOUINIPhD University of Paris IX-Dauphine, FranceLaoucine KERBACHEPhD University of Massachusetts, USASri KUDARAVALLIPhD University of Maryland, USA

Andrea MASINIPhD INSEAD, FranceAndreas ROBOTISPhD INSEAD, FranceSvenja SOMMERPhD INSEAD, FranceShirish SRIVASTAVAPhD National University of Singapore,SingaporeChristian VAN DELFTPhD University of Geneva, SwitzerlandZhixi WANPhD University of Michigan, USA

Strategy & Business PolicyThomas ÅSTEBROPhD Carnegie Mellon University, USAKristina DAHLINPhD Carnegie Mellon University, USARodolphe DURANDPhD HEC Paris, France

Pierre DUSSAUGEPhD University of Paris IX-Dauphine, FranceBernard GARRETTEPhD HEC Paris, FranceOliver GOTTSCHALGPhD INSEAD, FrancePierre-Antoine KREMPPhD Princeton University, USAJean-Paul LARÇONPhD University of Paris IX-Dauphine, FranceDalhia MANIPhD University of Minnesota, USADenisa MINDRUTAPhD University of Illinois atUrbana-Champaign, USABertrand MOINGEONPhD University of Franche-Comté, FranceAnup-Menon NANDIALATHPhD Ohio State University, USAGonçalo PACHECO DE ALMEIDAPhD INSEAD, FranceCorey PHELPSPhD New York University, USANils PLAMBECKPhD University of Hamburg, GermanyBertrand QUELINPhD University of Paris Nord, France

Bernard RAMANANTSOAPhD University of Paris IX-Dauphine, France

Tax & LawAlberto ALEMANNOPhD University of Bocconi, ItalyPhilippe CORRUBLEPhD University of Jean Moulin-Lyon III,FranceNicole FERRY-MACCARIODES University of Bourgogne, FranceFrançois LENGLARTPhD University of Lille, FranceMarie SERNAPhD University of Paris II-Panthéon-Assas,FranceOana STEFANPhD University College Dublin, IrelandNicole STOLOWYPhD University of Paris I-PanthéonSorbonne, France


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18

EmeritusProfessors

Gilles AMADOProfessor of Management & HumanResourcesJean-Loup ARDOINProfessor of Accounting & ManagementControlMichel BADOCProfessor of Marketing

Georges BLANCProfessor of Strategy & Business PolicyChristian CAUVINProfessor of Accounting & ManagementControlPhilippe COLINProfessor of Business Law & TaxationMichel CREMADEZProfessor of Strategy & Business PolicyJean-Pierre DETRIEProfessor of Strategy & Business PolicyYves EVRARDProfessor of MarketingMichel FIOLProfessor of Accounting & ManagementControlHugues JORDAN

Professor of Accounting & ManagementControlCharles KALFONProfessor of Accounting & ManagementControlJean KLEINProfessor of FinanceJacqueline LAUFERProfessor of Management & HumanResourcesRomain LAUFERProfessor of MarketingPatrick LEMATTREProfessor of Management & HumanResourcesAnne MACQUINProfessor of Marketing

Bernard MAROISProfessor of FinanceJacques OBADIAProfessor of Decision Science & InformationSystemsDang PHAM-HUYProfessor of Accounting & ManagementControlGisèle PROSTProfessor of Languages & Cultures

Michel SANTIProfessor of Strategy & Business PolicyBruno SOLNIKProfessor of FinanceMichel TENENHAUSProfessor of Decision Science & InformationSystemsHervé THIRIEZProfessor of Decision Science & InformationSystemsGeorges TREPOProfessor of Management & HumanResourcesHenri-Louis VEDIEProfessor of Economics

Honoris CausaProfessors

Chris ARGYRISProfessor, Harvard UniversityRobert BADINTERFormer President of the FrenchConstitutional Council and Minister ofJustice

Raymond BARRE †Former Prime Minister of the FrenchRepublicWarren G. BENNISProfessor, University of Southern CaliforniaPierre BOURDIEU †Professor, Collège de FranceJacques BOUVERESSEProfessor, Collège de FranceHélène CARRERE d’ENCAUSSEMember of the French AcademyRobert ENGLEProfessor, New York University Nobel Prizein Economics (2003)Pierre-Gilles de GENNES †Professor, Collège de France Nobel Prize inPhysics (1991)

Jacques GLOWINSKIProfessor and Administrator, Collège deFranceRoger GUESNERIEProfessor, Collège de FranceClaude HAGEGEProfessor, Collège de FranceMichael C. JENSENEmeritus Professor, Harvard BusinessSchool

Philip KOTLERProfessor, Northwestern UniversityDavid S. LANDESProfessor, Harvard UniversityEmmanuel LE ROY LADURIEProfessor, Collège de FranceJay O. LIGHTDean Emeritus, Harvard Business SchoolJean MALAURIEProfessor, Geographer, Writer and CNRSResearcherEdmond MALINVAUDProfessor, Collège de FranceJim MARCHEmeritus Professor, Stanford UniversityAndreu MAS-COLELLProfessor, University Pompeu Fabra of

BarcelonaRobert C. MERTONProfessor, Harvard Business School, NobelPrize in Economics (1997)Ikujiro NONAKAEmeritus Professor, at HitotsubashiUniversityRajendra K. PACHAURIChairman of the Intergovernmental Panel onClimate ChangeMichael E. PORTERProfessor, Harvard Business SchoolPierre ROSANVALLONProfessor, Collège de FranceMichel SERRESMember of the French AcademyAlain TOURAINEProfessor, EHESSOliver E. WILLIAMSONProfessor, University of California, BerkeleyMuhammad YUNUSProfessor, University of Colorado, founder ofGrameen Bank and Nobel Peace Prize-winner (2006)Abraham ZALEZNIKProfessor, Harvard Business SchoolThéodore ZELDINProfessor, Oxford University


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HEC Paris Campus


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Chairs and Center

HEC Paris has developed closelinks with a selected group ofcompanies.

By creating a chair, HEC Paris andthe company initiate a shared,long-term commitment todeveloping expertise in trainingand research on a jointly definedtheme.

Chairs

20

“Decision Science”

Chair holder: Itzhak Gilboa, Professorof Economics & Decision Sciences

This chair seeks to improve ourunderstanding of how decisions aremade and how we can support betterdecision making, in light of cognitivelimits and psychological constraints.The collaboration provides anopportunity to explore the linksbetween effective decision making andsuccessful leadership. It is devoted tosponsoring academic research,workshops and conferences, and bringstogether researchers from variousdisciplines.

“Energy and Finance”

Chair holder: Blaise Allaz, Professorof Finance

This chair has the following objectives:to develop teaching material andapplied research related to commonchallenges affecting energy andfinancial market sectors and to developa portfolio of courses and seminars forall HEC Paris programs in France andabroad.

“Corporate Finance”

Chair holder: Ulrich Hege,

Associate Professor of Finance

The purpose of this chair is to carry outtop-level academic research incorporate finance and investmentbanking, including topics such assecurity issuance, primary markets,M&A and private equity, and corporate

governance. It also aims to disseminateits research results among themembers of the FBF and the financialindustry at large, and facilitate variousforms of interaction between theacademic partners and members of theFBF.

“Digital Innovation for Business”

Executive director: Julien Lévy, Affiliate

Professor in Management & NewTechnologies

Created by HEC Paris in line with itsengagement in entrepreneurship ande-business, this chair offers HEC Parisstudents the opportunity to receiveadditional training in e-business and

focuses on how to innovate and engagein the digital economy. Classes,conferences, practical work andmission projects, with the activeparticipation of the five partnerentrepreneurs and their companies,complement their program studies.

“Business Sustainability”

Chair holder: Rodolphe Durand,Professor of Strategy & BusinessPolicy

The aim of this chair is to focus onthree major themes: studying businessmodels based on sustainabledevelopment and how they can be usedto generate growth and create value;taking a closer look at the conditionsrequired for transforming volumestrategies into value strategies,particularly in the water and energysectors; examining socialentrepreneurs and multinationalcorporations coming together in socialbusiness initiatives.

with the support ofFree, Meetic, Pixmania Group,vente-privee.com andPierre Kosciusko-Morizet,private donor


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“Growth Strategies and IntegrationManagement”

Chair holder: Bernard Garrette,Professor of Strategy & Business

Policy

HEC Paris professors work with AtosOrigin to conduct research onchallenges related to growth strategyand integration management, such aschanges of ownership, mergers,alliance management, organic growthand international operations.

“Luxury strategies”

Executive director:

Anne Michaut-Denizeau,Affiliate Professor of Marketing

This chair supports the Luxury strategycertificate whose aim is to providefuture managers with in depthunderstanding of the unique rules forthe effective management of luxury

brands and companies.

“Energy and Management”

Chair holder: to be nominated

The aim of this chair is to integrateenergy knowledge and expertise intoHEC Paris' training. Through the chair,Total contributes to teaching at HECParis worldwide, providing educationalmaterial and input from energy industryexperts. It also supports HEC Paris

Executive Education programs,highlighting the importance for on-going training for the energy industry.

“Management of Prestige Brands”

Chair holder: Jean-Noël Kapferer,Professor of Marketing

The objective of this chair is tocontribute to the advancement of themanagement of prestigious brands.This chair conducts empirical researchinto the behavior of leading brands, keyplayers in the luxury field, and theattitudes and perceptions of the clientsthemselves. It is worldwide in scopeand multisectorial beyond the classicsectors one usually associates withLuxury.

“Marketing”

Chair holder: Jean-Marc de Leersnyder,

Professor of Marketing

This teaching chair is dedicated tothe field of marketing, with the aimof facilitating interaction between thestudents and professors of HEC Parisand the marketing teams at SFR.

“Multicultural Management andCorporate Performance”

Chair holder: Eve Chiapello, Professorof Management Sociology

Co-chaired with Eric Godelier fromEcole Polytechnique.

This chair is dedicated to the study ofdaily cooperation of teams fromdifferent countries and cultures.

The chair has developed a pedagogical

program totally intricated with theresearch program, which welcomesstudents from both schools. The chairis supported by agreements withprestigious universities such as KeioUniversity in Japan and Indian Instituteof Management - Ahmedabad in India.


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Center

The Visions of Leadership Center

HEC Paris created the Visions ofLeadership Center, with the support ofL’Oréal, MSD China and Alcatel-Lucentto promote innovation in managementsciences and bring together HEC Paris’activities on issues related toleadership.

The Center has three main objectives:

Bring together research and thecorporate world to examine alldimensions of leadership includingsocial, ethical and political;

Give HEC Paris students theopportunity to explore their ownvisions of leadership by developing anAnalytical, Critical and Experiential(ACE) approach through exchangeswith executives and experts in thefield, as well as opportunities to actas leaders throughout the programs;

Enable managers, executives,recruiters and faculty members toshare their experiences and worktogether to develop innovative viewsand approaches on the future ofleadership.

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Left to right: Valérie Gauthier, Associate Professor, Visionsof Leadership Center; Bernard Ramanantsoa, Dean of HECParis; Ben Verwaayen, CEO of Alcatel-Lucent;Daniel Bernard, Chairman of the HEC Foundation;Pierre Barnabé, Head of Corporate Human Resources andTransformation at Alcatel-Lucent.

“Real Estate”

Executive director:François Ortalo-Magné, VisitingProfessor of Real Estate

This chair supports courses andenrichment activities focused on all thebusiness aspects of the real estateprocess: development of properties,financing of real estate investments,management of real estate portfolios,and interactions between the realestate sector and the economy. Thechair funds a certificate program open

to all HEC Paris students.The certificate program aims to recruitthe best students and provide themwith the skills to succeed in the globalreal estate industry.

“New Business Models in theEnergy Industries”

Chair holder: Wolfgang Ulaga,Associate Professor of Marketing

This chair is designed to consider thechanges currently sweeping the energyindustry and their implications forbusinesses and consumers. Thecollaboration explores how newbusiness models, greater customerinvolvement and new behaviors areaffecting all stakeholders in the energy

industry's value chain. Particularemphasis is placed on the evolvingrelationships between energy providersand customers, in both business-to-business and consumer markets.

“Service Management”

Chair holder: Pierre Dussauge,Professor of Strategy & BusinessPolicy

The chair carries out research onmanagement issues faced by serviceindustry firms. Research focuseson strategic alliances in serviceindustries.

“Social Business / Enterpriseand Poverty”

Chair holder: Frédéric Dalsace,Associate Professor of Marketing

Co-chaired by Professor MuhammadYunus, Nobel Peace Prize-winner,founder of Grameen Bank and HECHonoris Causa Professor, and MartinHirsch, President of France's CivilService Agency.

This chair’s aim is to educate the nextgeneration of managers, preparingthem for societal challenges and todevelop quality research on strategicinnovation in societal fields. The chairalso supports the Action Tankinitiative, which brings togetherlarge firms, government membersand heads of non-profit organizationsto contribute to building a moreinclusive economy in France and indeveloped countries.

with the support ofDanone, Schneider Electric,and private donors


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Executive Education participants in class


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Job placement

4annual recruitment fairs

Legal & Fiscal Career FairInternational Finance Career FairConsulting Career FairGeneral Career Fair “Les Carrefours”

114companies present on campus overa two-day period at the “CarrefoursHEC 2011”, the annual internationalcareer fair

250companies on campus throughout theyear to help students find internships or

jobs and enhance their careeropportunities

25permanent staff dedicated to corporaterelations and student placement

HEC Paris students receive full supportfrom the Corporate RelationsDepartment which offers its extensiveexpertise to both recruiters andstudents.

One of its missions is to favor meetingsbetween companies and students oryoung graduates from the various

programs. This objective forms anintegral part of HEC Paris’ policy torespond to company needs in providingcandidates who are intellectuallymature and prepared for the corporateworld.

Students benefit from one-on-one andsmall group career coaching, as well astargeted workshops and seminars.They are invited to companypresentations organized on campus and

to events off campus such as visits tocompany premises, business games,etc.

They also receive customized job-search advice from alumni, consultants,coaches and peers, before interactingwith the hundreds of recruiters whovisit the campus every year.

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Privileged corporaterelationships

HEC Paris is committed tobuilding partnerships withcompanies.This cooperation can take manyforms and is tailored tocompanies’ areas of activity,as well as their research andrecruitment needs.


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The HEC Foundation

HEC Paris has an ongoing policy ofactive partnership with companies. Thispartnership ranges from educationalcooperation (providing case studies,participating in classes, etc.) to majorcorporate involvement in the HEC

Foundation. Becoming a member of theFoundation enables companies tocreate lasting relationships with HECstudents, participants and faculty. It isalso an ideal way to strengthen theirimage on campus.

Partners of the HEC Foundation as of April 2011

Daniel Bernard,Chairman, HEC Foundation

ASSOCIATION DESDIPLÔMÉS HEC


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Corporate recruitment at HEC Paris

A.T. KEARNEY

A2 CONSULTING

AB-INBEV

ACCENTURE

ADVANCY

AEGIS MEDIA FRANCE

AIR LIQUIDE

AMAURY SPORT ORGANISATION

AMAZON.FR

ATOS CONSULTING

AXA

AXA INVESTMENT MANAGERS

BAIN & COMPANY

BANQUE DE FRANCE

BEARINGPOINT

BEIJAFLORE

BETC EURO RSCG

BNP PARIBAS

BOUYGUES CONSTRUCTION

CANAL+

CAPGEMINI CONSULTING

CARREFOUR

CELERANT CONSULTING

CELGENE

CLEARY GOTTLIEB STEEN & HAMILTON LLP

CMA CGM

COCA-COLA ENTREPRISE

COLOMBUS CONSULTING

COTY

CREDIT AGRICOLE GROUP

CSC, CONSEIL EN MANAGEMENT ET SI

CVADASSAULT SYSTEMES

DELOITTE

EDF

ERNST & YOUNG

EXANE

FACEBOOK

GDF SUEZ

GENERAL ELECTRIC

GENERALI FRANCE ASSURANCES

GROUPE ALPHA

GROUPE BPCE - BANQUE POPULAIRE &CAISSE D'EPARGNE

GROUPE CASINO

GROUPE CREDIT DU NORD

GROUPE KRAFT FOODS

GROUPE SEB

GROUPE SOPARIND BONGRAIN

HENKEL FRANCE

HERBERT SMITH LLP

HSBC

IBM FRANCE

IMC FINANCIAL MARKETS

INTERNATIONAL FLAVORS & FRAGRANCES

JCDECAUX

JOHNSON & JOHNSON

KEA & PARTNERS

KPMG

KURT SALMON

LA COMPAGNIE FINANCIERE EDMONDDE ROTSCHILD

LA POSTE

LEADERS LEAGUE

LEROY MERLIN

LINKLATERS LLP

L'OREAL

LVMH

MAZARS

MCKINSEY & COMPANY

MICHELINMICROSOFT FRANCE

MONITOR GROUP

MUREX

NATIXIS

NESTLE

NISSAN EUROPE

NOBLE GROUP

NOTAIRES DE PARIS

NOVARTIS PHARMA

OC&C STRATEGY CONSULTANTS

OGILVY

OLIVER WYMAN

ONEIDA ASSOCIES

ORANGE

PEPSICO FRANCE

PERNOD RICARDPHILIPS

PIXMANIA

PRICEWATERHOUSECOOPERS

PROCTER & GAMBLE

PROTIVITI

PSA PEUGEOT CITROËN

PUIG

RATP

RECKITT BENCKISER

RENAULT

ROLAND BERGER STRATEGY CONSULTANTSSAINT-GOBAIN

SANOFI-AVENTIS

SCHNEIDER

SIA CONSEIL

SNCF

SOCIETE GENERALE

THALES

THE BOSTON CONSULTING GROUP

TNS SOFRES

TOTAL

UBISOFTUNIBAIL-RODAMCO

UNILEVER

VEOLIA ENVIRONNEMENT

VERTONE

WEBHELP

WHITE & CASE LLP

WORDAPPEAL

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Companies present on campus over a two-day period at les “Carrefours HEC 2011”, the annual international career fair


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Annual Carrefours fair on campus


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The HEC Alumni Association, foundedin 1883 is a modern and powerfulalumni network with a threefoldmission:

Exchange/Share: enhancing thesharing of professional and personal

experiences among members

Progress: accompanying membersthroughout all stages of their careers

Reach out: promoting globalawareness of the HEC alumni brand

44,000alumni

107nationalities

64international alumni groups

1,000events organized every year in Franceand across the world

Alumni at the top

Jean-Paul AGONCEO, L’OréalSébastien BRETEAUCEO, Asia InspectionPascal CAGNI

General Manager and Vice-President,EMEIA, AppleIsabelle CAPRONCEO, FauchonHenri de CASTRIESChairman of the Management Board andCEO, AXA GroupJean-Marie DRUChairman, TBWA WorldwidePhilippe FORIEL-DESTEZETHonorary President, AdeccoLouis GALLOISCEO, EADSIsabelle GUICHOTPresident and CEO, BalenciagaValérie HERMANNCEO, Reed Krakoff

Hubert JOLYCEO, CarlsonFrédéric JOUSSETPresident and co-Founder, WebhelpPierre KOSCIUSKO-MORIZETCEO and Founder, PriceMinister GroupBruno LAFONTChairman and CEO, LafargePascal LAMYDirector-General, World Trade OrganizationValérie PÉCRESSEFrench Budget MinisterFrançois-Henri PINAULTChairman and CEO, PPR GroupGuillaume POITRINALCEO, Unibail-RodamcoHenri PROGLIOChairman and CEO, EDF; President of theHEC Paris BoardBaudoin PROTCEO, BNP ParibasStéphane RICHARDCEO, France TelecomSidney TAURELFormer CEO, Eli Lilly & CoYoël ZAOUIHead of European Investment Banking,Goldman Sachs International

Among others

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HEC Alumni Association

The HEC Alumni Associationorganizesand coordinates the alumninetwork to maintain and createfriendships and professionalrelationships betweenthe 44,000 members, whereverthey are and whatever they do.

Jean d’ArthuysPresident,HEC Alumni Association


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Around the world64 international alumni chapters build HEC Paris’ visibility and reputation abroad.

ArgentinaAustraliaAustriaBelgiumBrazil (Rio de Janeiro and Sao Paulo)CameroonCanadaChile

China (Beijing, Hong Kong andShanghai)ColombiaCzech RepublicDenmarkDominican RepublicGulf Cooperation Council (GCC)Germany (North, South and West)GreeceHungaryIndia

IndonesiaIrelandIsraelItalyIvory CoastJapanLebanonLuxembourg

MadagascarMalaysiaMauritiusMexicoMonacoMoroccoNorwayPolandPortugalRomaniaRussia

SenegalSingaporeSouth AfricaSouth KoreaSpain (Barcelona and Madrid)SwedenSwitzerlandTaipei

ThailandThe NetherlandsTunisiaTurkeyUnited KingdomUnited States (Boston, East Coast,Florida, Midwest and West Coast)VenezuelaVietnam (Hanoi and Ho Chi Minh City)

The HEC A lumni Association’s General Assembly, June 2010


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HEC Paris graduation, class of 2010


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International studentsas of 1 January 2011

1,502international students enrolled ingraduate programs

95 nationalities25% international students in the MScprogram85% international students in the MBAprogram

International faculty

56%full-time faculty from abroad

29 countries represented

International exchangeprogramsGlobal Exchange program

an exchange program during thefoundation year of the MSc in

Management Grande Ecole programwith prestigious Faculties of Arts andSciences worldwide72 top universities and business schoolsaround the world

International Exchange program at

Masters Level with prestigiousbusiness schools and universitiesworldwide

56 MBA exchange programs

with such institutions as LondonBusiness School, IESE Business

School, Yale University, Wharton Schoolof Business, CEIBS, Indian School ofBusiness and Hong Kong University ofScience & Technology

The PIM network

founded in 1973, the Partnership inInternational Management is aconsortium of leading internationalbusiness schools

International degrees10 Masters double degrees with topuniversities around the world, such asMIT Sloan School of Management,Indian Institute of Management -Ahmedabad, FGV – Escola deAdministraçao de Empresas de SaoPaulo, Freie Universität Berlin andTechnische Universität München

CEMS Master in International

Management

CEMS Global Alliance in Management

Education, founded in Europe in 1989, isnow the global alliance of 26 leadingacademic institutions and more than 60multinational companies dedicated toeducating and preparing futuregenerations of international businessleaders.The CEMS MIM is a one-year jointdegree program open to Master's

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International reach

For over thirty years, HEC Parishas been actively establishinglinks with international partners,selected for their high standardsand reputation.

HEC Paris offers a unique rangeof programs and exchangeprograms as well as doubledegree programs.


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students from CEMS schools preparingthem for international careers.

13 MBA double degrees

including New York University SternSchool of Business, MIT Sloan School

of Management, Tsinghua School ofEconomics and Management, NationalUniversity of Singapore BusinessSchool, London School of Economics,GSOM-St Petersburg State Universityand ESADE

The Executive MBAa unique degree in generalmanagement that offers6 specializations and the option to learnfrom the best in 5 different locationsaround the world: Paris, Beijing,

Shanghai, St. Petersburg and Doha

TRIUM Global EMBA

an alliance between New YorkUniversity Stern School ofBusiness, London School ofEconomics and PoliticalScience and HEC Paris

The international Executive Master ofScience in partnership with OxfordSaïd Business School: the Consultingand Coaching for Change program

International partnerships

119Please see map on page 34

International associationsHEC Paris is a member of the followinginternational associations:

AEABIS - the European Academy ofBusiness in SocietyEDAMBA - the European DoctoralPrograms Association in Managementand Business AdministrationEUDOKMA - the European DoctoralSchool on Knowledge and ManagementUNICON - the International UniversityConsortium for Executive Education

Global InitiativesAmong others:

HEC Center for Executive

Education and Research in Qatar

HEC Paris joined the Qatar Foundation

in 2010 and is the first EuropeanPartner in Education City.Qatar Foundation's mission is toprepare the people of Qatar and theregion to meet the challenges of anever-changing world, and to make Qatara leader in innovative education andresearch.HEC Executive MBA and ExecutiveEducation programs are delivered in theheart of Doha’s West Bay zone, one ofthe most rapidly-expanding areas in the

world.

HEC Paris-Tsinghua

Entrepreneurship Track Program

in Beijing

HEC Paris and Tsinghua School ofEconomics and Management offer aCertificate program in Beijing – theEntrepreneurship Track Program - forChinese women to becomeentrepreneurs. The program, which issupported by the Goldman Sachs“10,000 Women” initiative, trainsunderserved Chinese women whoaspire to, or currently operate, their ownbusiness, aiming to provide them withan integrated entrepreneurial andmanagerial education with a globalperspective.

Baltic Management Institute: a

Consortium of European Leaders

in Business Education

The mission of Baltic ManagementInstitute (BMI) is to enhance the

management skills of executives andbusiness leaders in the Baltic region inorder to ensure its continuing economicsuccess and its integration into theglobal economy. It combines theknowledge, resources and experience offive leading European business schools:Copenhagen Business School (CBS),Louvain School of Management (LSM),Norwegian School of Economics and

Business Administration (NHH),Vytautas Magnus University (VMU) andHEC Paris.

HEC Paris and Technische

Universität München (TUM)

Double Degree ProgramIn April 2011, the TUM School ofManagement and HEC Paris launched adouble degree master’s program intechnology and management. Thisunique, cross-disciplinary programaims to train future managers ininternational technology-drivenindustries.

Centers of expertiseAmong others:

The HEC Paris Finance Club was setup in 1981 and collects information onthe world financial system for leadingspecialists from various fields offinancial management. The Clubcurrently counts 300 membersrepresenting a number of major firms.

The HEC Europe Institute waslaunched as a center for excellence inEuropean affairs in 2004, under theleadership of former French Ministerfor European Affairs, Noëlle Lenoir, andDeputy Dean of HEC Paris in charge ofExecutive Education and AcademicDevelopment, Bertrand Moingeon. It isa center for training, dialogue andcollaborative research for policymakers, business leaders andacademic experts across Europe. Itfocuses on the major socio-economic,political and business issues of the 21st

century."

The HEC Eurasia Institute is a think

tank on Asian business based on astrong dedicated research body at HECParis. It provides services to Europeancompanies in developing theirstrategies in the Asian market. Since itsestablishment by Jacques Gravereau in1988, the Institute has earned widerecognition for its expertise of the Asianregion.


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Exchange programs

Double degrees and joint programs: MSc in Management,

MBA, EMBA, TRIUM EMBA

HEC Center for Executive Education & Research

HEC Paris Academic Partners

IN EUROPE

1 Aalto School of Economics , Helsinki, Finland2 Ashridge Business School, Ashridge, UK3 Baltic Management Institute, Vilnius, Lithuania4 Bogaziçi University, Istanbul, Turkey5 Copenhagen Business School, Copenhagen, Denmark6 Corvinus University of Budapest, Budapest, Hungary7 Cranfield University, Bedford, UK8 ESADE, Barcelona, Spain9 Faculdade de Economicas da universidade Nova de Lisboa,Lisbon, Portugal10 Freie Universität Berlin, Berlin, Germany11 IE Business School, Madrid, Spain

12 IESE Business School, Barcelona, Spain13 Instituut voor Bedrijfskunde, Zeist, Netherlands14 Koç University, Istanbul, Turkey15 London Business School, London, UK16 London School of Economics and Political Science, London, UK17 Manchester School of Business and Management, Manchester, UK18 MGIMO, Moscow State Institute of International Relations,Moscow, Russia19 Norwegian School of Economics and Business Administration,Bergen, Norway20 Oxford Saïd Business School, Oxford, UK21 Rotterdam School of Management, Erasmus Universiteit Rotterdam,Rotterdam, Netherlands22 Stockholm School of Economics, Handelshogskölan i Stockholm,

Stockholm, Sweden23 GSOM - St. Petersburg State University, School of ManaSt. Petersburg, Russia24 Technische Universität München, Munich, Germany25 Trinity College Dublin, Dublin, Ireland26 Universidad Carlos III de Madrid, Madrid, Spain27 University College Dublin, The Michael Smurfit Graduateof Business, Dublin, Ireland28 University of Belgrade, Faculty of Economics, Belgrade, 29 Università Commerciale Luigi Bocconi, Milan, Italy30 University of Edinburgh, Edinburgh, UK31 University of Cologne, Universität zu Köln, Cologne, Ger

61 University of British Columbia Sauder School of Business,Vancouver, Canada62 University of California, Berkeley, Haas School of Business,Berkeley, USA63 University of California at Los Angeles, Anderson School ofManagement, Los Angeles, USA64 University of California, Davis, Graduate School of Management,Davis, USA65 University of Chicago, Graduate School of Business, Chicago, USA66 University of Michigan, Michigan Ross School of Business,Ann Arbor, USA67 University of Minnesota, Carlson School of Management,Minneapolis, USA68 University of North Carolina, Kenan-Flagler Business School,Chapel Hill, USA

69 University of Pennsylvania, Wharton School of Business,Philadelphia, USA70 University of Southern California, Marshall School of Business,Los Angeles, USA71 University of Texas, McCombs School of Business, Austin, USA72 University of Virginia, the Darden School, Charlottesville, USA73 University of Washington, Michael G. Foster School of Business,Seattle, USA74 University of Western Ontario, Richard Ivey School of Business,London, Canada75 Wisconsin School of Business, University of Wisconsin-Madison,Wisconsin, USA76 Yale University, New Haven, USA77 York University, Schulich School of Business, Toronto, Canada

IN SOUTH AMERICA

78 Fundação Dom Cabral , Belo Horizonte, Brazil79 Fundação Getulio Vargas, Escola de Administraçao de Emprde São Paulo, São Paulo, Brazil80 Instituto de Estudios Superiores de Administracion, CaracaVenezuela81 INCAE Business School, Alajuela, Costa Rica82 Pontificia Universidad Catolica de Chile, Escuela de AdminiSantiago, Chile83 Universidade Federal do Rio Grande do Sul, Porto Alegre, B84 Universidad ESAN, Lima, Peru85 Universidad Torcuato Di Tella, UTDT, Buenos Aires, ArgentinIN ASIA

86 Asian Institute of Management, Makati, Philippines87 China Europe International Business School, CEIBS, Shangh


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In the programsThe MSc and the Specialized Master

in Sustainable Development

Both programs’ academic ambition is totrain creative and determinedmanagers and leaders who will help totransform the business model ofcompanies, and invent new modelscreating wealth for all, with no negativeimpact on nature and people.The curriculum focuses not only onproviding students with all thenecessary knowledge on environmentaland social stakes (climate change,biodiversity, poverty…) but also on thechanging environment of companies(pressures of civil society, financialmarkets and soft and hard laws).

Since September 2008, a Major inSustainable Development has beenavailable to students in the final year ofthe MSc in Management program.

The Social Realities and

Innovations Academy

This Academy is one of nineteen shortcourses offered to MSc students. Heldover 2-3 weeks in January, this shortprogram encourages participants toreflect on current social issues, such asold-age isolation or extreme poverty.

The “Alter-Management”

specializationEstablished in September 2006, theAlternative Management Major is aspecialization available to students inthe final year of the MSc inManagement program interested inexploring new ways of thinking thatchallenge established ideas.

The “Social Business” Certificate

program

Offered in the final year of the MSc in

Management program as acomplement to the student’sspecialization, as well as MBA, MSc andSpecialized Masters students, thiscertificate aims to contribute towardstraining a new generation of managers,aware of societal challenges andaspiring to be part of the solution,regardless of their professional activity.The objective is not necessarily for allstudents to work in Social Business,but for them to acquire an awareness of

the importance of these issues in theirfield of work and to develop questioningskills about the role of business insociety.

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Social awareness

Over the years, HEC Paris hasmultiplied its sustainable-development and socialinitiatives.

These initiatives all form partof an organizational learningprocess which HEC Parisseeks to further strengthenand develop, thereby positioningsocietal and environmentalissues at the heart ofthe school’s strategy.

There are three main focuseswithin the initiatives: teachingand research, equal opportunitiesand a green/eco-friendly campus.


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Development of Social Awareness

in the MBA program

For years now, the HEC Paris MBA hasdeveloped an integrated approach toteaching business ethics, sustainabilityand corporate social responsibility, inorder to develop social awareness.

Initiatives like introducing coursescovering sustainable businesspractices, the proposition of a widerange of relevant electives, the annualon-campus Sustainable BusinessConference, the integration of Missionand Action Projects reflect the HECParis MBA’s ongoing commitment toforecasting and meeting the changingneeds of global business.

Research throughthe ChairsThe “Social Business/Enterprise

and Poverty” Chair

The aim of the chair is threefold: To educate the next generation ofmanagers, encouraging them tobecome more aware of societalchallenges: The chair offers theintegrated “Social Business Certificateprogram” as well as several shortercourses on the topic.

To develop quality research onstrategic innovation in societal fields aswell as composing case studies on

themes involving social business andthe ways in which business cancontribute to alleviating poverty.

To bring together large firms,government members and heads ofnon-profit organizations to contribute tobuilding a more inclusive economy, inFrance and in developed countriesthrough the “Action Tank” initiative.

The goal is to help firms develop aseries of social experimentationsseeking to alleviate poverty. Twelvemultinational corporations are activewithin the “Action Tank” at this stage, infour different working sectors, and thisnumber is still growing.

This chair is co-presided by ProfessorMuhammad Yunus and Martin Hirsch,and receives financial support fromDanone, Schneider Electric, the Frenchgovernment (DGCS) and private donors.

The GDF Suez “Business

Sustainability” Chair

This chair focuses on business modelsfor sustainable development and howthey can be used to generate growthand create value. It examines socialentrepreneurs and multinationalcorporations coming together in social

business initiatives. It also explores thewater and energy sectors and theconditions required to transformvolume strategies into value strategies.

The Renault “Multicultural

Management and Corporate

Performance” Chair

Dedicated to the study of dailycooperation of teams from differentcountries and cultures, this chairplaces particular emphasis on

managerial practices geared toeconomic realities and to all types ofcultural diversity: national, professionaland organizational.

Alternative Management

Observatory (AMO)

The AMO welcomes students,researchers and executives who thinkoutside the box. AMO publicationsinclude case studies, articles andpapers.

The Society and Organizations

(SnO) Research Center

The SnO Research Center was createdin the wake of the 2008 financial crisisto question the prevailing socio-economic models of the time andinvestigate their historical foundations.Building on a wide range of disciplines(economy, sociology, psychology,history) and theoretical frameworks,SnO members study how organizationsaffect broader social issues and,conversely, how changes in the politicaland social spheres affect organizationalactions. SnO is supported by the HECFoundation.

Social diversityIn partnership with the French Ministryof National Education and the HECFoundation, HEC Paris continues to

develop targeted tutoring andmentorship programs. These initiativesaim to promote academic achievementand equal opportunity among promisingstudents from disadvantagedbackgrounds.

Through the “Cordées de la Réussite”,HEC Paris supports and tutors morethan 200 students from preparatoryschools in the Paris suburbs and in twoFrench overseas departments.

PACE (Programme d’action et decoopération pour l’éducation) alsosupports students from disadvantagedareas in the Paris region in their finalyears of school, preparing them forfurther education. PREP’ is designedmore specifically for students preparingto attend business schools.


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These two programs involve more than60 HEC Paris students, all volunteersfrom large associations such as Fleur de Bitume.

Equal opportunitiesTo support access to excellence tostudents from disadvantagedbackgrounds and to enhance socialdiversity on campus, HEC Parislaunched a new need-based tuition feespolicy in spring 2009 where eligiblestudents pay neither entrance exam nortuition fees. The initiative is supported

by the HEC Alumni Association and theHEC Foundation.

Class Gift

Created in 2005 by three HEC Parisstudents, this initiative encouragesstudents to say ‘thank you’ beforeleaving the campus by donating towardsHEC Paris’ development. Donationsmade to the HEC Foundation gotowards financing scholarships andgrants for future students.

Social awareness oncampusGrowing student response to HEC Parisinitiatives is reflected by the increasinglevels of involvement of students fromall programs in missions, internships,professional theses, student-led clubsand the organization of numerousconferences on social business-related

subjects.

ESP’R: an HEC Paris association forHopeThe ESP’R is an initiative set up by anHEC Paris student association enabling

students in their first and second yearsto accompany social entrepreneurs indifferent projects or missions.

Another student association Genepi organizes workshops and courses inprisons.

The HEC Paris Net Impact club is incharge of the on-campus annualSustainable Business Conference thatbrings together more than 300 peopleto dialogue on the crucial challenges insocial and environmental sustainability.

Handifférence aims to make futuremanagers more aware of the issuesfaced by disabled people in theireveryday lives.

Responsible campus

Beyond the academic programs itoffers, HEC Paris is also a practitionerof socially responsible initiatives.

In June 2005, the school launched the‘Responsible Campus’ initiative, whichaims to integrate sustainabledevelopment and social responsibilityinto teaching and research, campus lifeand social engagement.

An annual awareness day calledRethink showcases the ongoing effortsof staff, teachers and students tointegrate sustainability into their dailylives.In 2007, HEC Paris underwent a carbonemissions audit, and the schoolrecently published its first SustainableDevelopment Report, with a view tofurther reducing its carbon footprint.

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FocusConnecting people throughtechnology

On December 9, 2010, internationalthinkers and social activists convenedon the HEC Paris campus forDigital4Change, a conference aimed atencouraging people to change theworld through technology-based socialactions. The event was co-organized byHEC Paris and danone.communitiesalong with over 50 partners and inpartnership with French EuropeanCommission representatives as part ofthe 2010 European Year for CombatingPoverty and Social Exclusion. Theconference united participants fromdifferent European locations via live

broadcast, streamed over the Internet.Digital4Change brought together NobelPeace Prize winner Muhammad Yunusand Martin Hirsch, President ofFrance's Civil Service Agency withother panelists from leadingtechnology and social organizationsincluding Florence Devouard(independent consultant and formerboard member of Wikimedia), MattFlannery (Kiva.org founder), Walter deBrouwer (One Laptop Per Child –

Europe), Mitchell Baker (Mozilla World)and Joe Green (Causes co-founder).

Keynote speeches and debateschallenged participants to rethink howweb 2.0 technologies can help developthe means to escape poverty andbecome tools for social inclusion.

Muhammad Yunus arrives at the conference


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“Rethink” annual awareness day


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In the programsEntrepreneurial themes are woventhroughout the curriculum of HECParis’ academic programs which givestudents first-hand exposure toexperienced entrepreneurs, venturecapitalists and consultants throughcoursework, group projects andseminars designed to test and honetheir entrepreneurial skills.

HEC Entrepreneurs

“HEC Entrepreneurs” is both aspecialization for HEC Paris MSc inManagement students in their final yearand a Specialized Masters dedicated toyoung French and internationalgraduates.“HEC Entrepreneurs” aims to trainyoung entrepreneurs who are ready tostep into positions of operationalresponsibility alongside managers, butalso as creators, venture capitalists oras strategic advisors. To this end, theSpecialization in Entrepreneurshipoffers students a human, scientifictraining through concrete field missionsand theoretical courses.300 + professionals are currentlytaking part in the major

MBA Entrepreneurs Track

As part of the customized HEC ParisMBA program, participants can chooseto follow classes in entrepreneurship.Available during the second half of theMBA, the Entrepreneurship andInnovation track enables students todevelop an understanding of all the keyissues and phases an entrepreneur willbe faced with.

The track is offered with three types ofentrepreneurs in mind: selfentrepreneurs (create, develop, managesmall and medium sized companiesand start-ups); corporate entrepreneurs(set up / manage a business unit) andtakeover entrepreneurs (private equityinvestors / managers).

Executive Education

Challenge +A leading training program created for

early-stage companies working oninnovative projects with strong potentialand growth (24 days training over one

year).350 + companies have taken part sincethe program’s creation in 1990

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Entrepreneurship

HEC Paris provides the

educational programs,environment and opportunitiesmost conducive to the successof students, participantsand graduates withentrepreneurial ambition.


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HEC Family Business CenterA center whose role is to design anddevelop, within HEC Paris, trainingcourses and research related to theproblems of family entrepreneurialprojects. The center proposes severalmanagement programs, short seminarsand family business related events.

The Entrepreneurial

Excellence FellowshipThis fellowship receives the support ofthe CCIP.It is directed by Frédéric Iselin, AffiliateProfessor of entrepreneurship, and isco-chaired by Jacqueline Fendt fromESCP Europe and Maria Bonnafous-Boucher from Advancia Negocia.

Launched in December 2006 by theCCIP, this fellowship brings togetherthe expertise of 4 schools: HEC Paris,

ESCP Europe, ESIEE Paris and AdvanciaNegocia. Its aim is to encourageresearch on entrepreneurship andinnovation and to incorporate thisacademic knowledge into managementtraining, for application in a professionalenvironment.

HEC IncubatorLaunched in 2007 for HEC Paris

students and young graduates, the HECIncubator assists innovating businessstart-ups in their development, byproviding mentoring, workshops,networking and support in fundraising.

65 start-ups have been supported bythe HEC Incubator since its creation, inthe internet, mobile phone, software,media, and business services sectors,each of which offers innovative servicesand a high potential for strongdevelopment.

30 new business ventures, out ofaround 200 proposals, are launchedfrom student ideas every year.

1,000 students interact with the

incubator start-ups each year across allareas of course study, in class lectures,

case studies, start-up internships,research projects, etc.

100 mentors from HEC alumni supportthe start-ups every year. They are insenior management positions or areentrepreneurs themselves.

The HEC Incubator is supported byPierre Kosciusko-Morizet, entrepreneurand Founder of PriceMinister Group.

InitiativesHEC Paris Start-up In Vitro

There are entrepreneurs withoutprojects and projects withoutentrepreneurs. This is why in March2011 HEC Paris launched the pro-activeinitiative to match new innovative ideaswith highly skilled entrepreneurs. Therehave been 10 start-ups as of May 2011.

Social Entrepreneurship Summer

School

The Université du droit d’entreprendre is

designed in partnership with the SFRFoundation and the Talents des Cités

competition and is co-financed by theEuropean Social Fund forentrepreneurs in outer city regions.Participants come from disadvantagedurban areas. Over three days, theybenefit from HEC Paris faculty andexecutives' support, through trainingsessions and workshops to stimulatetheir business projects and developtheir management skills.

Special annual eventHEC Mercury prize for

entrepreneurship

This has been the largest annualentrepreneurship meeting organized bythe HEC Alumni Association for twelveyears. The awards recognizeentrepreneurial spirit at HEC Paris andthe development of the HEC Parisbrand’s entrepreneurial values acrossthe world.


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Shooting a student film on HEC Paris campus


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A100Mfundraising drive over 5 years

A70Mpledged in 2010

4funding priorities for HEC:

Scholarships

Attract talented and diverse studentswith competitive financial aid

Research faculty

Recruit world-class professors toproduce innovative research

Pedagogy

Upgrade teaching tools in line with

current technology and businesspractices

International

Strengthen HEC Paris’ internationalvisibility through investment in qualityacademic partnerships

55corporate partners (as of April 2011)

including 15 ChairsPlease see the list on page 20

112major donors (above u150,000)One alumni gift of u5 million

345alumni donors, members of our fiveclubs (above u5,000)

4,300donors(2,200 donors in 2010)

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For HEC Paris to continuestrengthening its internationalcompetitiveness, fundraisinghas become a vital tool.To help finance HEC Paris’ambitions, the HEC Foundationlaunched its first fundraisingcampaign in 2008.


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Our major donors’ generosity istruly valued and recognized in ourmajor donors’ circle

Grand HECPhilippe FORIEL-DESTEZET,H.58 Honorary President, Adecco

BenefactorsPierre BELLON,H.54 Chairman of the Board of Directors,SodexoDaniel BERNARD,H.69 Chairman, HEC Foundation; Chairman,Kingfisher plc; Chairman, M.A.F RetailGroup; President, Provestis; Senior Advisor,Tower Brook PartnersHenri de CASTRIES,H.76 Chairman of the Management Boardand CEO, AXA GroupFrançois-Henri PINAULT,H.85 Chairman and CEO, PPR groupDidier PINEAU-VALENCIENNE,H.54 Honorary President, Schneider;

President, Sagard Private Equity PartnersValérie TAITTINGER,H.94 Co-Founder, Little Chef

Honorary MembersJean-Luc ALLAVENA,H.86 Managing Partner, Apollo ManagementInternational LLP; Honorary President, HECAlumni Association and HEC FoundationPierre ANDURAND,Andurand, M.00 Managing Partner, ChiefInvestment Officer, BlueGold CapitalmanagementRené-Pierre AZRIA,H.78 President, Tegris LLC

Olivier COMBASTET,MBA.86 CEO, Pergam FinancePierre-Antoine GAILLY,H.75 President, CCIPSylvain HEFES,H.74 Senior Advisor, Rothschild & SonBertrand LEONARD,H.85 Deputy CEO, ExaneBernard PARENT,H.61Yoël ZAOUI,H.82 Head of Investment Banking Divisionfor Europe, Goldman Sachs International

Partner MembersDonald BRYDEN,H.74 Senior Advisor, Oaktree Capital FranceTony CHEDRAOUI,H.00 Founder and Chief Investment Officer,Tyrus CapitalPaul DINI,H.60 President, FinadinLoïc H.97 & Olivia MBA.98 FERYCEO, ChenavariBusiness Development Manager, The LawnTennis AssociationFrançois FEUILLET,H.70 CEO, TriganoThierry FLECCHIA,H.84 President, FlinvestPhilippe GINESTIE,H.66 Partner, Cabinet Ginestié MagellanPaley-VincentJean-Marie MBA.80& Laurence MBA.80 HENNES,Executive Vice President, Mars & Co;Honorary President, HEC FoundationEric LOMBARD,H.81 Chairman and CEO, BNP ParibasAssuranceBernard MEHEUT,H.60 CEO, IDI Asset ManagementBruno MOINEVILLE,MBA.88 Partner, AlticeFrank PIEDELIEVRE,H.79 President and CEO, Bureau VeritasGuillaume POITRINAL,H.89 CEO, Unibail-RodamcoStéphane RICHARD,H.83 Chairman and CEO, France TelecomPascal STEFANI,H.88 Managing Partner, Advent International

MembersJean-Paul AGON,H.78 CEO, L’OréalJoseph AUDI,H.71 President, Interaudi BankMakram AZAR,H.90 Managing Director, Head of InvestmentBanking Middle East & North Africa BarclaysCapitalJean-Luc BELINGARD,H.71 CEO, bioMerieuxSébastien BRETEAU,M.97 CEO, Asia InspectionSéverin BRIZAY,H.93 Managing Director, JPMorganPascal CAGNI,MBA.86 General Manager & Vice PresidentEMEIA, Apple

Yves CANAC,H.76 Managing Partner, Conseil Audit &Synthèse SarlPhilippe CAPRON,H.79 Member of the Management Board -CFO, VivendiVianney de CHALUS,H.77 President, Chalus Chegaray & CieCyrille CHEVRILLON,H.76 Managing Director, Member of theExecutive Committee, Candover andFounder, Chevrillon & AssociésHervé CLAQUIN,H.73 CEO, Abénex Capital

Christophe CREMER,H.76 CEO, Prestashop and Founder,MeilleurTaux.comFrank DANGEARD,H.80 Managing Director and Founder,HarcourtPierre DANON,MBA.80 CEO, Numericable-CompletelGaël DUTHEIL de LA ROCHERE,H.88 Founder, Acorn EquityDenis DUVERNE,H.74 Deputy CEO in charge of Finance,Strategy and Operations, AXA GroupMichel de FABIANI,H.67 Former President, BP France and VicePresident Europe, BP GroupJean-Marie FABRE,

H.71 President, ParvillaAndré FRANÇOIS-PONCET,H.80 Managing Partner, BC PartnersNathalie H.99 and Mathieu H.98 GAVEAU,Founder & CEO, Shopvolution LtdGlobal Head IR Options & Exotics, BNPParibas SANicolas GIAUQUE,H.93 Fund Manager, Noonday AssetManagement LLPBruno GROB,H.72 President, OtisIsabelle GUICHOT,H.86 President and CEO, BalenciagaJean-Jacques GUIONY,H.84 CFO, LVMH and CEO, SamaritaineGuillaume d'HAUTEVILLE,

H.85 Vice Chairman - Investment BankingEurope, Nomura InternationalPascal de JENLIS,H.73 President, Hameur & CieFrédéric JOUSSET,H.92 President and co-Founder, WebhelpHubert JOUSSET,H.65 President, GefipClaude JOUVEN,H.62 Former CEO, Citibank/Citigroup France,Belgium, Luxembourg and Ireland; HonoraryState Advisor


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Pierre KOSCIUSKO-MORIZET,H.99 CEO and Founder, PriceMinister GroupPierre de LABOUCHERE,H.76 President and CEO, J.T. InternationalSAHenri LACHMANN,H.61 Chairman of the Supervisory Board,Schneider Electric Industries SASBruno LAFONT,H.77 Chairman and CEO, LafargeHenri LAGARDE,H.63 CEO, Fedal

Jean-Louis LAURENS,H.77 Managing Partner, Rothschild & CieBankMarc-Olivier LAURENT,H.75 Managing Partner, Rothschild & CieBankAlain LEBLEU,H.70 President, ATC Group Inc.Yann LECA,H.88 CEO - Supplier Group, PolyconceptPierre LEDOUX,H.35 †Philippe LE BOURGEOIS,H.86 Managing Partner, Rothschild & CieBankPierre-Louis le FAOU,H.71 President, LFC Partners

Jacques LEHN,H.65 Senior Advisor, Goetz PartnersCorporate FinanceJean-Jacques LEJAL,H.77 Managing Partner, Capital Industries &AssociésJean-Claude LE LAN,EMBA.91 Chairman of the SupervisoryBoard, Argan SAMichel H.70 & Evelyne LEONARD,Managing Partner, SARL BellavoinePhilippe MARIEN,H.80 CFO, BouyguesErik MARIS,H.88 Managing Partner, Messier Maris &AssociésAlain MASSIERA,H.77 Head of the Crédit Agricole S.A. Group'sPrivate Banking businessDominique MEGRET,H.70 Former President PAI PartnersPaul H.87 & Diane H.87 MIZRAHIManaging Director, BlackFin CapitalPartnersDenis MONNOYEUR,H.76 Managing Director, Monnoyeur SAS

Ludovic de MONTILLE,H.77 Head of Territory, BNP Paribas UKPatrick MOUTERDE,H.89 CFO, PAI PartnersLise NOBRE,H.86 Partner, Butler Capital PartnersPhilippe ODDO,H.84 Managing Partner, Oddo & CieJean-François PALUS,H.84 CFO and Deputy CEO, PPRAlain PAPIASSE,EMBA.89 Head of corporate and investment

banking, BNP ParibasJean-Luc PARER,H.76 Head of Global Finance, SociétéGénéraleJean PETERS,H.66 President, Jap International LtdChristian PEUGEOT,H.76 Marketing Central Manager, PSAPeugeot CitroënSamuel PINTO,H.78 Head of Asset Management, Edmondde Rotschild Investment PartnersHenri PROGLIO,H.71 Chairman and CEO, EDF; President ofthe HEC Paris BoardBaudouin PROT,H.72 CEO, BNP Paribas

Pascal H.84 & Françoise H.88 QUIRY,Managing Director, BNP ParibasJean-Louis RAMBAUD,H.87 †Deepak RAO,H.95 Managing Director, Goldman SachsInternationalClaude RAZEL,H.53 Chairman of the Supervisory Board,Editions LJSARobin ROUSSEAU,H.93 Managing Director, Goldman SachsInternationalKarim H.97 & Julie H.96 SADDI,Private Equity Partner, Tower BrookGwénaël de SAGAZAN,H.80 Partner, DC Advisory Partners

Laurent SAGLIO,H.85 Managing Director, Zadig AssetManagementBertrand H.87 & Isabelle H.87 SCHWAB,Partner, Patron Capital LtdJean-Dominique SENARD,H.76 Managing Partner, MichelinOlivier SEVILLIA,MBA.90 CEO South Europe & Latam,Capgemini Consulting

Olivier SIBONY,H.88 Managing Partner, McKinsey & CiePierre TATTEVIN,H.79 Managing Partner, Lazard FrèresRémi TERRAILH.91Jean-Pierre VALERIOLA,H.57 Communications Director, BettencourtSchueller FoundationChristian VULLIEZ,H.66 Member of the High Council forEducation, French Ministry of NationalEducation

Our circles of major donors:

Grand HEC: u5 millionGrand Benefactor: u2 millionBenefactor: u1 millionHonorary Member: u500,000Partner Member: u250,000Member: u150,000

www.thecampaign-hec.comwww.hec.fr/fondation

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7

A place where leaders speak

From left to right1- José Manuel BARROSO, President of the European Commission 2- Jacques DELORS, Former President of the European Commission3- Bill GATES, Chairman, Microsoft 4- Valéry GISCARD d'ESTAING, Former President of France 5- Mikhaïl GORBATCHEV, Former President ofRussia 6- Jeffrey IMMELT, CEO, General Electric 7- Helmut KOHL, Former Chancellor of Germany 8- Aleksander KWASNIEWSKI, FormerPresident of Poland 9- Samuel J. PALMISANO, Chairman, President and CEO, IBM 10- Romano PRODI, Former Prime Minister of Italy and formerPresident of the European Commission 11- Helmut SCHMIDT, Former Chancellor of Germany 12- Abdoulaye WADE, President of Senegal

The above have each received HEC Paris honorary degrees. Honorary degrees are awarded at official ceremonies at which therecipients are invited to make a speech of acceptance before the assembled faculty, graduates and students.

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2

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6

10

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HEC Paris has the honor of welcoming leading figures from French and international public and private sectors to speak tostudents on campus.

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11

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New amphitheater at the HEC Paris campus


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Ongoing internationaldevelopmentQatar Foundation

Qatar Foundation (QF) and HEC Parislaunched a unique partnership in June

2010 for degree and custom executiveprograms aimed at providing cutting-edge practices in managementeducation in Qatar and the larger Gulfregion, targeting experienced managersand executives. HEC Paris became QFEducation City’s first European Partner.

This unique initiative with QF resulted inthe successful launch of Qatar’s firstever Executive MBA in February 2011and the establishment of a new Chairwith Total, which has long supportedHEC Paris’ arrival to Qatar.

IIM-Ahmedabad StrategicPartnership

HEC Paris and the Indian Institute ofManagement - Ahmedabad (IIM-A) haveextended the cooperation between thetwo leading business schools byofficially signing a Strategic PartnershipAgreement. It encompasses thefollowing areas of cooperation: faculty

exchange and joint research projects;student exchanges; executive educationand a double degree HEC MSc inManagement Grande Ecole program andIIM-A Post Graduate Program inManagement.

Leading the way forknowledge sharingHEC Paris and iTunes U

In March 2010, HEC Paris became thefirst French business school to share itsknowledge and academic content(courses and conferences) on iTunes U.Less than three months after thelaunch of HEC Paris on iTunes U, theacademic content made by HEC Parisfaculty was widely acclaimed. Manycourses now form part of the most

downloaded podcasts on iTunes U, fourof which were selected by the editorialboard of iTunes U to be showcased onthe international iTunes U homepage.Following this great success in 2010,with a range of public lectures andcourses available for download, HECParis has been developing its academiccontent by uploading full researchworkshops on its iTunes U site.

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Highlights from2010-2011

Maintaining its leading positionin business education,HEC Paris has bolstered itsinternational presence byforging strategic partnershipswith leading institutions aroundthe world.Still strengthening anddeveloping its programs,HEC Paris continuesto enhance the HECexperience for all participants.


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News from the campusMSc in Management’s Academies

In January 2011, HEC Paris Grande Ecole students participated in theAcademies, two-and-a-half-weekseminars offered once a year and

structured around a series of topicalseminars alternating theoretical study,practical workshops, case studies andgroup work.

Options cover a wide range of topicsincluding social innovation, film,business creation, consulting,e-business, business negotiations andpublic speaking.

Leadership in Real Estate

HEC Paris has established a unique

partnership with the Wisconsin Schoolof B

This is HEC Mai2012

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