HEC Paris 1, rue de la Libération 783 51 Jouy-en-Josas Cedex Tel. : +33 ( 0)1 39 67 94 23 Fax. : +33 ( 0)1 39 67 94 46 www.hec.edu C J _ 3 3 1 0 _ 1 1 2 0 This is HEC Paris _ 3 1 3 - C E H e t i S S E M R E 2011-2012 Contents This is HEC Paris International reach Page 2 Page 32 Social awareness A unique program portfolio Page 36 Page 10 Entrepreneurship A place to live Page 40 Page 12 The Campaign 2008-2013 Cutting-edge faculty and research Page 44 Page 14 A place where leaders speak Privileged corporate relationships Page 47 Page 24 Highlights from 2010-2011 HEC Alumni Association Page 50 Page 28 1 This is HEC Paris 188 1 - 2011 130 years 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 #1 Business School in Europe (Financial Times ranking, December 2010, for the fifth consecutive year) Students & participants International reach International rankings in 2010-2011 4,063 119 students and participants across all academic partners worldwide MSc in Management degree programs Grande Ecole program was ranked 24 U #3 worldwide by the Financial Times (FT), September 2010 double and joint degree programs 40% U #1 in France by leading national international students publications, including L’Express, 44,000 Le Point, Le Figaro Étudiant and 95 alumni in over 113 countries Le Parisien nationalities Masters in International Finance 8,000 Corporate relations program was ranked #1 worldwide by the FT, executives and managers trained June 2011 each year 250 recruiting companies on the campus MBA program was ranked each year U # 9 worldwide by the Economist, Faculty & staff October 2010 55 U #18 worldwide by the FT, 267 international companies are members January 2011 total faculty of the HEC Foundation (as of April 2011) TRIUM Global Executive MBA 109 15 was ranked #3 worldwide by the FT, October 2010 full-time faculty chairs Executive Education was ranked 56% #1 worldwide by the FT, May 2011 international full-time faculty Campus size 473 1,3 administrative and services staff from square kilometers of countryside at the 24 countries Jouy-en-Josas campus 1,660 ParisTech square meters of space at the Paris HEC Paris is a founding member of campus ParisTech 3 HEC Paris mission and values 1881, first class at HEC Paris, rue de Tocqueville HEC Paris, founded in 1881 by the Paris HEC Paris has consistently developed a HEC Paris enacts this mission in Chamber of Commerce and Industry wide and unique range of programs for harmony with three core values : (the “CCIP”), is one of France’s oldest the 20-year-old student to the U Excellence as an objective in all that elite higher education Grandes Ecoles . international senior executive in France we undertake Unique to France, the concept was and across the world. U The value of knowledge as a vehicle introduced by Napoleon so that “the to fight sectarianism and ideology best and the brightest” could be HEC Paris’ mission is to shape the U The importance of participating as channeled into his armies and global leaders of tomorrow, capable of a major player in the construction engineering corps. Unlike French public becoming architects of a responsible of a responsible world universities which are required to world. This mission is based on two accept all candidates from the same pillars: a rigorous research region who hold a , the baccalauréat environment and close connections to These values are the foundation of a selection criteria for the Grandes Ecoles the corporate world. The combination of conviction shared by the HEC rest mainly on competitive written and high quality research, underlying the Community: knowledge determines the oral exams, taken by students from pedagogical innovation at HEC Paris, freedom and entrepreneurship required dedicated preparatory classes. and close corporate connections, gives for a better world. This conviction is affirmed with our motto “ The more you Throughout its 130-year history, HEC the HEC community the necessary tools know, the more you dare ”. Paris has continually attracted and background to challenge individuals highly capable and talented, established rules and to invent the new innovative and entrepreneurial, social and economic paradigms of ambitious and open minded. tomorrow’s world, rather than simply reproduce them. 4 The Paris Chamber of Commerce and Industry HEC Paris is affiliated to the CCIP, the Its missions include: with in service training, within its leading Chamber of Commerce and U Representing business interests to 11 schools Industry in France and Europe. This local, national and European public U Developing excellence in the field of public establishment is run by 84 authorities trade shows, conventions and elected representatives, all of whom are U Advising companies at each stage of exhibitions business leaders. their development The CCIP now represents 400,000 U Training: each year the CCIP provides companies located in the four districts 14,500 young people with initial of Paris center, Hauts-de-Seine, Seine- training and more than 30,000 adults Saint-Denis and Val-de-Marne Pierre-Antoine Gailly, President Jean-Paul Vermes, First Vice President The Paris Chamber of Commerce and Industry, Avenue de Friedland, Paris ParisTech ParisTech is a research and higher ParisTech’s ambition is to: U Develop its innovation potential by education consortium that brings U Create a full service science, strengthening its already close ties together 12 of France’s most technology and management with the business world prestigious Grandes Ecoles university ranked among the world’s U Place itself at the centre of the (Engineering and Business schools): top 20 education and research “knowledge triangle” (education – each institution is recognized as a universities by 2020 research – innovation) in partnership leader in France in its field. U Develop the excellence of its research with the business and institutional and give ParisTech leading communities along with major HEC Paris has been a founding member international visibility and research organisations of ParisTech since 2008. attractiveness 5 The Grand Palais, Paris HEC Paris Governance The HEC Paris Board and Guillaume d’HAUTEVILLE International Advisory Vice Chairman - Investment Banking International Advisory Board bring Board Europe, Nomura International together top executives and Sylvain HEFES Senior Advisor, Rothschild & Son academics from around the world. Seiichiro ADACHI President, Toyota Tsusho Europe SA Anne-Marie IDRAC These leaders help shape HEC Former French Secretary of State, in charge Jean-Paul AGON of External Commercial Affairs Paris’ strategy and ensure that it CEO, L’Oréal Claude JOUVEN remains in line with the changing Jean-Luc ALLAVENA Former CEO, Citibank/Citigroup France, Managing Partner, Apollo Management Belgium, Luxembourg and Ireland; Honorary needs of international business. International LLP; Honorary President, HEC State Advisor Alumni Association and HEC Foundation Paul JUDGE Jean d’ARTHUYS Chairman, Schroder Income Growth Fund Managing Director and member of the plc; Director, Standard Bank Group Ltd of Executive committee, Fonds Stratégique Johannesburg d'Investissement; President, HEC Alumni Association Bruno LAFONT HEC Paris Board Chairman and CEO, Lafarge Abdulla Ali AL-THANI Vice President of Education, Qatar Bertrand LEONARD Henri PROGLIO Foundation Deputy CEO, Exane President of the HEC Paris Board Hans Ulrich MAERKI Chairman and CEO, EDF Daniel BERNARD Chairman, HEC Foundation; Chairman, Chairman, IBM EMEA Kingfisher plc; Chairman, M.A.F Retail Baron PFETTEN Raymond ALBERO Group; President, Provestis; Senior Advisor, President, Royal Institute of East-West Managing Director, AIE Training Tower Brook Partners Strategic Studies (Oxford) Cécile ANDRÉ-LERUSTE Eugenia BIETO Karsten POPP Deputy CEO, SG Equipment Finance Dean, ESADE Senior Vice-President EMEA, Autodesk Michel AUSSAVY Bernard BOURIGEAUD Henri PROGLIO President, MD & Sales Former CEO, Atos Origin Chairman and CEO, EDF; President of the HEC Paris Board Philippe CAILLETON Henri de CASTRIES Manager, Le Brisemiche Chairman of the Management Board and Baudouin PROT CEO, AXA Group CEO, BNP Paribas Jérôme FRANTZ Managing Director, Frantz Electrolyse Peter CHILD Franck RIBOUD Director, McKinsey CEO, Danone Group Arnould d’HAUTEFEUILLE CEO, Jacques Bollinger Xavier CORNU Stéphane RICHARD Executive Director of Education and Training Chairman and CEO, France Telecom Bernard IRION Member of the Board, F4 SA Division, CCIP David SCHMITTLEIN Dean, MIT Sloan School of Management Michel LAURENT Yves COUILLARD General Manager, Acieries de la Seine CEO, BcomBest; Former CEO, Hewlett- Alvin SILK Packard France Lincoln Filene Professor of Business Soumia MALINBAUM Administration, Harvard Business School Director, Group Business Development, Andrea CUOMO KEYRUS Executive Vice President, General Manager Domenico SINISCALCO Sales