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HEC Paris MBA class profile, employment report, notable alumni

One of the world’s leading B-schools in management sciences HEC Paris is highly sought after for the diverse and rich culture and experience it provides to its students. ‘École des Hautes Études Commerciales’ (HEC Business School) was founded in 1881 in Paris to attract and encourage innovative and entrepreneurial individuals. 130 years later the school is ranked #2 in the European Business School Rankings 2018 by Financial Times, and its full-time MBA course is ranked #3 by QS World University Rankings. HEC Paris serves over 4500 students in degree programmes and 8000 professionals participate in its executive education programs.

If HEC Paris is your target business school, this article will help you in researching the class profile, and career prospects its full-time MBA program can offer you.

Here is the outline of this article:

HEC Paris MBA

General Information on the HEC Paris Full-time MBA Program

Location – 1 Rue de la Libération, 78350 Jouy-en-Josas, France

Dean: Peter A. Todd

Admission Office – 1 Rue de la Libération, 78350 Jouy-en-Josas, France

 Social media – FacebookTwitterLinkedIn, Instagram, YouTube

 

HEC Paris MBA Program – Class profile, cost of attendance, median salary

 Below are the details of HEC Paris full-time MBA program’s class profile, cost of attendance, median salary. Here is the list of the total cost (tuition fee + living expenses) of top MBA programs across the world.

S. No. HEC Paris Numbers
1 GMAT average score 690
2 Class Size (enrolled in the class of 2020) 274
3 Tuition & Deposit € 69,500
4 % of graduates accepting job offer 3 months from graduation 93%
5 Annual Salary Package (Mean) $120,700
6 Annual Salary Package (Median) $112,200
7 Sign-on Bonus (Mean) $28,100
8 Sign-on Bonus (Median) $29,500

HEC Paris MBA Incoming class profile 2020

HEC Paris is known for having a very large proportion of international students. Out of the 274 students enrolled in its MBA class of 2020, 92% are international students. The average GMAT of the class was 690.

Enrolled 274
Average GMAT 690
Average age 30
% of women in the class 33%
% of international citizens 92%
Average years of work experience 6
Countries represented 56

 

HEC Paris MBA Application Deadlines 2018-2019

HEC Paris prides itself on its 5-week application process. It starts with an informal online form which is not part of the official application and is designed to get you introduced to HEC Paris and also works as an informal guide to the application process.

You can apply the whole year round and will be notified about your results 5 weeks after the monthly deadline. New batches start twice a year – in September and in January.

As the admissions council is always on the lookout for well-rounded individuals, it is important to balance your academic qualifications with extracurricular skills. Your application must have a completed application form, completed essays, 2 recommendations, resume, photo, transcripts of all academic work, GMAT/GRE scores, scores of English language proficiency test like TOFEL, and a non-refundable application fee of €200.

Shortlisted candidates will be invited for 2 interviews with the HEC Paris MBA Alumni and include a 10-minute oral presentation of a topic of your choice and further conversations.

Finally, an admissions jury – which meets once a month – decides the final candidates.

As always, the competition is tough, and it is very important that you have your application ready by Round 1 or Round 2. Learn here why applying in Round 1 or Round 2 is important.

HEC Paris MBA Application Deadline Admissions Decision
February 2019 February 1, 2019 March 8, 2019
March 2019 March 1, 2019 April 5, 2019
April 2019 April 1, 2019 May 10, 2019
May 2019 May 2, 2019 June 7, 2019

*(Due to the high volume of applications, May 2nd will be the last deadline for the September 2019 intake.)

 

HEC Paris employment report of graduating class of 2018

The MBA job trend of the big-3 remain the same for HEC Paris – Consulting with 24% of the class, Financial Services with 18% and Technology with 17% – accounted for close to 2/3rd of the job offers accepted by the class of 2018.

Here’s a detailed look at the employment statistics by industry, job function, and location.

Pre-MBA and post-MBA Career Transformation

HEC Paris MBA career transformation

HEC Paris is a big draw for students who want to change their career paths. The course curriculum and the international interaction opportunities afforded at the B-School helps students find and transition to different career functions and industries.

In the class of 2018, 73% of the class changed their industries, 72% changed their job function, and 61% changed their locations. In fact, 39% of the class changed all three. All in all, the Healthcare, Consulting, and Technology industry saw the biggest gains as students from other sectors switched to these 3 industries.

Here are the detailed statistics on the Industry change trend:

Industry Pre-MBA Post-MBA
Consulting 10% 24%
Financial Services 16% 18%
Technology 12% 17%
Consumer Goods 10% 8%
Manufacturing 6% 3%
Healthcare 5% 10%
Retail 5% 5%
Energy 9% 5%
Real Estate 6% 2%
Hospitality 2% 1%
Media/Entertainment 2% 2%
Logistics 5% 3%

Here are the detailed statistics on the Function change trend –

Keeping in alignment with the global MBA trends, Consulting and General Management roles proved to be most exciting for graduates of the 2018 class.

Function Pre-MBA Post-MBA
Consulting 19% 25%
Finance/Accounting 12% 17%
Ops, Production, Logistics 8% 9%
Marketing and Sales 16% 11%
General Management 12% 20%
Information Technology 5% 4%
Human Resources 0% 2%
Other 25% 12%

Employment by Industry

Unlike the usual B-school statistics, the highest salaries were given by the Technology industry – the average annual salary came to $145,600, which is way above what the Consulting or Financial Services jobs offered.

Surprisingly, Manufacturing and Retail jobs came with a higher pay package as compared to the Consulting Industry even though almost a quarter of the class opted for jobs in this sector.

Below is the detailed employment report of HEC Paris outgoing class of 2018:

Industry Percentage  Annual Salary (Mean)
Consulting 24% $114,900
Financial Services 18% $125,305
Technology 17% $145,600
Healthcare 10% $113,700
Consumer Goods 8% $94,000
Retail 5% $122,300
Manufacturing 3% $122,098
Transportation/logistics 3% NA
Govt./Not-for-Profit 2% NA
Real Estate 2% NA
Media/Entertainment 2% NA
Hospitality 1% NA

Employment by function

 72% of the HEC Paris graduates changed their job functions after their MBA. The largest switch came in favor of Consulting and General Management roles.

Job Function Percent
Consulting 25%
General Management 20%
Finance / Accounting 17%
Other 12%
Marketing / Sales 11%
Ops, Production, Logistics 9%
IT 4%
Human Resources 2%

Employment by location

HEC Paris has a truly international flavor! 60% of the class found work outside their countries and 72% work outside France. 

Region Percentage
France 28%
Europe (excluding France) 32%
Asia (including Australia) 22%
North America 8%
Latin America & The Caribbean 5%
Middle East 5%

 

Major Employers

HEC Paris MBA major employers

  • Amazon
  • Accenture
  • T. Kearney
  • Sanofi
  • Natixis
  • Monitor Deloitte
  • Johnson& Johnson
  • L’Oréal
  • Schneider Electric
  • Credit Suisse
  • Alix Partners
  • DHL Consulting
  • Essilor
  • Amadeus
  • McKinsey& Company
  • DWS Group
  • Morgan Stanley
  • Citi
  • KPMG
  • Roland Berger
  • Bain & Company
  • Bank of America Merrill Lynch
  • Société Générale
  • Renault-Nissan-Mitsubishi

 

HEC Paris – Notable Alumni

HEC Paris has over 60,000 Alumni spread across 152 countries. It has 84 International chapters and conducts over 1000 events around the world.

  • François-Henri Pinault, CEO, Kering
  • Jean-Dominique Sénard, CEO, Michelin
  • Mercedes Erra, Founder, BETC
  • François Hollande, Former President of the French Republic
  • Édith Cresson, The only woman to hold the office of the prime minister of France
  • Hubert Joly, CEO of Best Buy
  • Henri de Castries, former chairman and CEO of AXA

 

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