HEC Paris MBA Review

HEC Paris MBA Introduction

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HEC Paris MBA, which is one of the world’s top-ranked MBA programmes, provides the best atmosphere for the students to achieve their full potential and become 21st-century business leaders.

HEC Paris MBA is located in the Paris-Saclay Innovation Cluster, barely 17 kilometres from the centre of Paris, Europe’s most significant economic core. The cluster was created to bring together France’s leading research institutions, hi-tech enterprises, startups, and universities. It our students to benefit from the knowledge of other members and collaborate with experts to bring their technical discoveries to market.

The Fundamental Phase and the Customized Phase of the HEC Paris MBA are complementing equivalents. The Fundamental Phase teaches core management abilities through a rigorous academic study and hands-on learning. After eight months, students are able to learn the specific skills required to transform corporate performance. The cost of living and HEC Paris MBA fees is affordable for Indian students. 

The Customized Phase allows students to refine their skills in a specific field while also gaining experience that will help them stand out on their CV. Students select a concentration and spend eight months honing their skills through electives, double-degree opportunities, foreign exchange programmes, and real-world work experiences.

HEC Paris MBA graduates are equipped with a global mentality, cutting-edge expertise, and access to a worldwide network of over 60,000 alumni in 132 countries. As a result, 93 per cent of graduates accept job offers within three months after graduation, and more than 60% find work outside of their home nations.

HEC Paris MBA Class Profile

The HEC Paris MBA Class of 2022, which consisted of 285 students, had a GMAT score of 690 on average. Thirty-five per cent are women, and 92 per cent are from other countries. The average age of the class was 30 years old, and they had an average of 6 years of work experience.

HEC Paris MBA Acceptance Rate

The HEC Paris MBA programme has an acceptance rate of 18 percent. Typically, 90% of our 200-strong student body is international, ranging from more than 50 countries, with 10% from France.

Program and Curriculum of HEC Paris MBA

The 16-month-long curriculum is specifically designed to give you the time needed to learn new skills and gain specific work experience in a new sector or job function. It incorporates a personalized career-development program with our Career Center and unique, hands-on learning and leadership opportunities. HEC Paris MBA fees are quite reasonable also. It is an ideal length of time to impact your future without keeping you out of the workforce for too long. The curriculum is divided into two phases: Fundamental and Customized.

Core Course

• Problem Solving and Communications
• Financial Accounting and Reporting – Bach Business Game
• Financial Markets
• Managerial Economics
• Marketing
• Statistics and Business Analytics
• Giving and Receiving Feedback
• Leading People and Teams
• NegoSim Business Simulation
• Corporate Finance
• Ethics and Sustainability
• Management Accounting and Control
• Operations Management
• Organizational Behavior
• Strategic Management
• The Sigma Challenge Simulation

Eligibility and Requirements For HEC Paris MBA

Eligibility

• Bachelor’s degree at an accredited university.
•  At least 2 years of work experience. The ideal candidate has between 2 and 10 years of professional working experience.

You may submit any of the following exam scores. Here is the minimum marks required for each of them-

• TOEFL
• IELTS

Document Related to the Application

• Completed Application Form
• Completed Essays
• 2 Recommendations
• Current Professional Resume in English
• Photo
• Transcripts from all post-secondary institutions
• Copy of Passport (copies of both if you have dual nationality) or birth certificate
• Official GMAT or GRE Score Report (shared with us using our code 0TL-6C-28) and a scan of your score report
• Test taker copy TOEFL, TOEIC, IELTS or PTE Score Report.
• €200 as the application fee for the direct application.

HEC Paris MBA Deadlines

The brightest applicants from all around the world apply to the HEC Paris MBA. We recommend you apply as soon as possible due to the enormous number of applications it receives, especially if you require on-campus housing or a student visa. Furthermore, double-degree applicants may be subject to different deadlines.

HEC Paris MBA Employment/Placement

The HEC Paris Career Center (CC) offers a dynamic approach to helping you achieve your career transformation. The corporate approach focuses on increasing the range and deepening the quality of the companies that come to recruit on campus. The individualized approach gives you the exact tools you need to realize your post-MBA career goals.

The salaries provided by the HEC Paris batches have reportedly been fairly significant. This batch’s average income of $145,600, the highest in technology, matches the HEC Paris MBA fees for international students.

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Top Sectors Hiring of HEC Paris MBA Graduates

McKinsey & Company, Bain & Company, Amazon, Schneider Electric, Uber, and L’Oreal are among the top firms that hire HEC Paris MBA grads. In addition, AstraZeneca, GE Healthcare, Deliveroo, and Google all hire MBA graduates. MBA consulting roles, in particular, are in high demand in the graduate management education field.

Companies recruiting from HEC Paris MBA

Technology

• Google
• Air Liquide
• BearingPoint
• Rocket Internet

Finance

• BNB Paribas
• Ernst & Young
• Morgan Stanley
• Goldman Sachs
• JP Morgan
• Deutsche Bank

HEC Paris MBA Fees

The MBA price schedule at HEC Paris is affordable in structure. Every year, the cost structure is changed, and adjustments are made for the students. Additionally, the institution helps the student in any way it can by granting loans and scholarships as needed.

The MBA is a significant commitment, and financial investment is crucial to achieving any objective. The following table shows the costs associated with each individual MBA course.

Here is all you need to know about HEC Paris MBA fees and funding:

• The fee for the HEC Paris MBA course is charged in two instalments. But the application deposit of €9,000 (approximately INR 7,84,247.29) is made for both intakes.
• The January 2023 tuition fee is around €76,000 (roughly INR 66,22,532.64), and the September 2023 tuition fee is around €78,000 (approx. INR 67,96,809.82).
• The school also provides a variety of internal scholarships, with annual financial assistance totalling over €1,000,000 (approximately INR 8,71,38,587.40).
• The HEC Paris MBA fees is 72,500 € ($85,000) plus you can get generous scholarships.

HEC Paris MBA Alumni Info

The HEC Paris alumni network is a storehouse of successful stories of top executives and entrepreneurs. They have achieved it all, from analyst and consultant positions in Mckinsey, Amazon, and Philips to founders of powerful business enterprises. More than 60,000 alumni are working across different sectors worldwide. The network is among the largest in Europe, with alumni based in over 152 countries. In addition, the network organizes more than 1300 events to facilitate exchange between students and members and provide counselling to prospective students.

Some Famous Alumni

• Jean-Paul Agon -Chairman & CEO of L’Oréal
• François-Henri Pinault – Chairman & CEO of Kering
• Baudouin Prot – Chairman of BNB Paribas

We have a 97% Success Rate In Helping Applicants Get Into Top Schools Like

Application Essay for HEC Paris MBA

HEC Paris MBA application has 2 essays and 4 short answer questions.

Essay 1: Why are you applying to the HEC MBA Program now? What professional objective will guide your career choice after your MBA, and how will the HEC MBA contribute to the achievement of this objective? (500 words)

Short answer 1: What do you consider your most significant life achievement? (250 words)

Short Answer 2: Leadership and ethics are inevitably intertwined in the business world. Describe a situation in which you have dealt with these issues and how they have influenced you. (250 words)

Short answer 3: Imagine a life entirely different from the one you now lead. What would it be? (250 Words)

Short Answer 4: Please choose from one of the following essays: (250 Words)

Q. What monument or site would you advise a first-time visitor to your country or city to discover, and why?
Q. Certain books, movies or plays have had an international success that you believe undeserved. Again, choose an example and analyze it.
Q. What figure do you most admire and why? Again, you may choose from any field (arts, literature, politics, business, etc.).

Essay 2: Is there any additional information you would like to share with us? (900 words).

Letter of Recommendation for HEC Paris MBA

Q. How long and in what capacity have you known the candidate? (No word limit)
Q. If this is a work-related reference, in what position is/was the candidate employed and for how long? (No word limit)
Q. What do you consider to be the candidate’s principal strengths/talents? (No word limit)
Q. What do you consider to be the candidate’s weaknesses or areas that need improvement? (No word limit).

Interview Questions for HEC Paris MBA

After being pre-selected, the candidate will have two one-on-one interviews with HEC Paris MBA alumni. It is the obligation of the candidate to contact the interviewers designated by the Admissions Office in order to schedule their interview before the deadline.

Each interview will consist of a 10-minute PowerPoint presentation on a topic of the candidate’s choice (you must be sure that the topic makes complete sense to you and why you chose that topic) followed by a 30-to-40-minute series of questions and answers based on your application. The entire interview should last no more than 40-50 minutes.

Following are the most asked interview questions:

Q. What can you tell me about yourself?
Q. Could you please walk me through your resume?
Q. Why pursue an MBA? Why did you choose HEC?
Q. Why an MBA now or at this point in your career?
Q. What are your immediate and long-term objectives?
Q. What is your backup plan if consulting/investment banking does not pan out?
Q. What are your main assets? Could you please provide some examples?
Q. What is your most significant flaw? Could you please provide some examples?
Q. What value can you bring to the class?
Q. Why should we bother you?
Q. Is there a reason why we shouldn’t choose you?
Q. Which destination, if you had to choose one, would you choose and why?
Q. Why did you choose Singapore?
Q. Why not China, for example? If it were China, what would be the comparative advantages?
Q. When you were working with your clients, what was the most exciting event?
Q. What do you like to do when you have free time?

What Makes HEC Paris MBA Unique

HEC Paris has a long history of teaching the world’s most influential business leaders. According to the 2017 Times Higher Education Alma Mater Index, the institution has graduated more CEOs of Fortune Global 500 businesses compared to any other university in Europe.

Moreover, approximately 4,000 of their graduates are CEOs, CFOs, or have started their businesses. Their programme introduces you to new ways of thinking and opens up a world of opportunities for you to make a mark on the business world’s future.

Whether your ambition is to work for a big corporation or create a business, you will benefit from HEC Paris’s entrepreneurial spirit.

The school’s staff encourages establishing almost 400 school-wide entrepreneurial projects each year, with an estimated 25% of our students starting their enterprises.

HEC Paris has stood the test of time at 140 years old. They have constantly enabled our students to develop the knowledge and abilities needed to become tomorrow’s business leaders since the school’s inception in 1881.

Also, a rigorous blend of academic theory and learning-by-doing activities will push you to your limits and prepare you adequately for the actual world of business.

Conclusion

As HEC Paris mentions, ‘Every day at the HEC Paris MBA, students learn how to think critically, challenge the status quo, and collaborate with people very different from themselves.’ The business schools are one of the top business schools worldwide, if not the best.HEC Paris MBA Fees and the cost of an MBA is less than that of a MIM. All major ranking organizations put HEC Paris among the top business schools and the best for management studies. With an HEC MBA by your side, you are guaranteed to unlock the very best career opportunities. It is known as the HEC Paris difference.

FAQ’s