HEC Paris MBA program fit for Indian students – Placements, Scholarships & Fee
HEC Paris was ranked as the number one business school in Europe according to the Financial Times. The HEC Paris MBA programme is placed second in The Economist rankings for 2021. Moreover, according to the QS World University rankings, the programme is ranked fifth in the Global MBA Rankings 2021.
HEC Paris offers three types of MBA programs:
1. The full-time MBA program
The full-time MBA program lasts for 16 months and requires a minimum work experience of two-ten years. This program offers two annual intakes and comprises a diverse cohort with students of approximately 60 different nationalities. Additionally, the program aims at nurturing individuals to challenge the existing system, think critically and engage with people belonging to other academic and professional backgrounds.
2. Executive MBA program
The executive MBA part-time program lasts for fifteen-eighteen months and requires relevant work experience of at least eight to twenty years. This program enables professionals to take the next big step in their professional development and enhance their career trajectory by choosing from five innovative tracks.
3. Trium Global Executive MBA program
It is a one-of-a-kind program offered by HEC Paris in collaboration with New York University’s Stern School of Business and the London School of Economics and Political Science. The program brings together successful entrepreneurs and innovative thinkers from three different countries under the same roof. Trium Global Executive MBA program provides a highly challenging learning environment for working professionals and facilitates exchanging remarkably unique ideas. The part-time program lasts for eighteen months and requires a minimum professional experience of ten years.
HEC Paris MBA Cost
Students who intend to pursue the HEC Paris MBA program can refer to the following tables that overview the total cost of studying.
|Cost breakdown||January intake||September intake|
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HEC Paris entry requirements
The university offers two annual intakes for students who aspire to pursue the HEC Paris MBA program. Furthermore, it conducts the admission procedure on a rolling basis, which guarantees international students’ quick and convenient process. In addition, the university offers a unique five-week application process for MBA aspirants. Here is a list of requirements that the applicants must fulfil to be eligible for the program:
- Students must have an undergraduate degree and certified transcripts from a recognised university.
To be considered for the rigorous MBA program, students must have at least two years of professional experience.
- If the students do not have a bachelor’s degree, they can provide an official certificate that states the completion of their secondary education. They will also need a minimum of five years of professional experience in the management field if they lack an undergraduate degree.
- There is no minimum GMAT score required; however, applicants must have a solid score to enhance their profile. (Average score for class of 2019: 690)
- Candidates should have a 100 on the TOEFL internet-based exam and a 600 for the paper-based test.
- A minimum TOEIC score of 340 for the speaking & writing sections and a score of 850 in the listening & reading sections.
- A minimum IELTS score of 7.0 is required, in addition to a score of 6.5 on each part of the test.
- Students should have a minimum score of 185 if they take the Cambridge English exam, scoring at least 176 on each test’s part.
- The university requires a minimum PTE score of 72.
- Completed filled application for
Apart from the prerequisites mentioned above, students also need to submit the following:
- Application fee of €200
- Completed Essays
- Two letters of recommendation
- Current professional resume
- Passport-size photograph
- Transcripts from all post-secondary institutions
- Copy of Passport
- Official GMAT or GRE score Report
- A copy of the TOEFL, TOEIC, IELTS or PTE score report
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Scholarships at HEC Paris
HEC Paris offers a plethora of scholarships to ease the financial burden of the students. The university has various awards and numerous external grants offered by multiple organizations to cover the MBA fee for Indian students from HEC Paris. Below-mentioned is a comprehensive list of scholarships to study at HEC Paris:
1. HEC Paris scholarship for diversity
HEC Paris aspires to provide a diverse cohort in gender, ethnicity, religion, and professional or academic experience. The ultimate goal is to enhance the learning experience of students pursuing the MBA program. Therefore, students must elaborate on the distinctive values they will bring to the student cohort at HEC Paris through the application essay.
2. Eiffel scholarship for candidates working in emerging countries
The Eiffel Scholarship aims at encouraging talented international students to apply to French universities. The award covers additional expenses such as travel, health insurance, and cultural events in addition to a monthly grant of roughly € 1,100. Candidates must be aged 25 or younger, and they must be of non-French nationality to be eligible to apply for the Eiffel Scholarship.
3. Forteé scholarship for women candidates
The HEC Paris MBA awards significant scholarships to remarkable women with the help of the university’s collaboration with the Forté Foundation. The HEC/Forté scholarship will help boost leadership chances for women in business by opening educational pathways. Women who have exhibited excellent leadership qualities and team-building skills are considered for the scholarship, which covers around €26,000. Applicants are also required to submit a 1500-word essay describing their reason behind applying for this award and how they are deserving candidates.
4. HEC Paris MBA scholarship for excellence
HEC Paris uses this award to recruit the top students and assist them in realizing their full potential and achieving their professional objectives in the business domain. It is a merit-based scholarship and is available for students who have already received an admit from the university. Although the scholarship amount is variable, students can receive scholarships up to 50% of the tuition fee. The decision is taken based on the academic prowess of the candidate, his/her professional experience and the GMAT score.
5. L’oreal scholarship
The L’Oréal Scholarship is awarded to applicants who demonstrate leadership potential, excellent initiative-taking skills, the ability to work with a team and provide creative inputs. Students who have received an admit from HEC Paris are eligible for this scholarship which offers an award of €10,000. In addition, applicants must write a 1,500-word essay about the leadership style they believe fosters creativity and innovation.
6. 30% club scholarship
30% club scholarship is another award offered by HEC Paris to women who showcase prolific leadership qualities. The scholarship covers 50% of the tuition fee for the first year of the MBA program.
Placements after MBA from HEC Paris
HEC Paris has a striking placement rate of 92%, with 66% of its students accepting jobs outside based on their home countries. The average salary earned by HEC MBA graduates is $128,206, and here is a list of the top-recruiting companies:
- McKinsey and Company
HEC Paris MBA, a great fit for Indian students
The MBA program offered by HEC Paris is a great opportunity for students to accelerate their career growth with the help of one of the most prestigious business schools in the world. HEC Paris has nurtured students who have become CEOs of renowned global businesses and others who have served in the French government. It is mainly an excellent fit for Indian students since it is a relatively affordable option among other top-ranking universities in Europe. In addition, the university boasts one of the most multicultural student cohorts, allowing students to gain a genuinely international worldview.
In 2020, around 5,000 Indian students were said to have selected France as their primary choice for pursuing higher education. During the same year, HEC Paris had about 150 Indian students enrolled at the university, making it the third-largest international community. Many Indian students who have previously studied at HEC Paris have shared their enriching experience of living in the ECLA residency in Massy-Palaiseau, where they cohabit a harmonious communal space with students from all over the world. Additionally, they cannot stop gushing about several Indian takeaways in Ile-de-France that Indians run. They specialize in Bombay cuisines, such as Kathi Rolls, masala chai, naan wraps, pakoras, and different biryanis, thus giving the students a sense of being close to home.
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France has more than 3,500 universities both public and private. The education system of France is well known and about 75% foreign students apply to Universities of France.