ESSEC Business School
![]() | This article contains wording that promotes the subject in a subjective manner without imparting real information. (September 2021) |
École Supérieure des Sciences Economiques et Commerciales | ||
President Vincenzo Esposito Vinzi[3] | | |
Academic staff | 142[1] 100% PhD.;[4] 36% female;[4] 58% international[4] | |
---|---|---|
Students | 5,000[1] | |
Location | ||
Language | English-only & French-only instruction | |
Colors | White and Black | |
Website | www |
The École Supérieure des Sciences Economiques et Commerciales, also known as ESSEC Business School or simply ESSEC, is a business school and grande école based in France. Founded in 1907, its main campus is located in Cergy in the île-de-France region but also has locations in La Défense, Rabat, and Singapore,[6] which are used in particular in the ESSEC Global BBA and ESSEC Executive MBA programs.
It was founded by Jesuits in response to the creation of HEC Paris, it was independent of any chamber of commerce and industry before 1981. It was then under the control of the Versailles, which became the CCI of Paris Île-de-France in 2013. Today, ESSEC is a member of the CY Alliance, formerly the Université Paris-Seine.
The ESSEC group offers
The historical rivalry of HEC Paris,[7][8] ESCP Business School, and ESSEC is sometimes referred to as the 'three Parisians' group, a term used to denote three of the most well-known business schools in France.
History
Foundation (1907–1913)
The École Supérieure des Sciences Economiques et Commerciales (ESSEC) was founded in 1907 under the Economic Institute by Ferdinand Le Pelletier in Paris. Its creation followed the movement of other private business schools created under Catholic guardianship in the early twentieth century such as HEC Nord (which later became
The establishment of
The original course was structured around general subjects including law, accounting, languages and techniques. With the introduction of Christian moral values, students began to attend the apologetics conference every week in the chapel of the École Sainte Geneviève. Technical education (calligraphy, shorthand, drafting of commercial documents) was complemented by scientific education (physics, chemistry, factory visits).[10]
1913–1940
With the application of the
The school experienced difficulty surviving during the First World War. In 1914, it had only four students in the first year and two in the second year. It temporarily closed its doors and only reopened in 1915. The third optional year was dropped, and the school did not regain financial stability until 1920 when it welcomed more than 50 students in the first year. In 1923, the Students' Association was created with a solidarity fund for war widows and orphans. In 1926, the first directory of graduates was published and three years later, the first courses in business ethics were given. By 1930, the number of students increased to 150 people.[11]
Against the crisis of the 1930s, ESSEC had to reduce its tuition fees to attract students who preferred
In 1932, the Student Office was created and in 1937, the first scholarships were distributed, marking the start of a social assistance policy[10]
1940–1960
The reform was done under the effort of Camille Donjon in 1939, with the introduction of selection at the school entrance. A preparatory class for the exam was set up in 1941. During this time, ESSEC refused to join the unified system of écoles de commerce established by the decree of 3 December 1947 which mentioned that the State now supports the implementation of preparatory classes on the territory.[10]
As
1960–1970


In 1960, Gilbert Olivier replaced Father Donjon as the dean of ESSEC. His arrival, coupled with developments linked to competition, would sway the Christian identity of the school. He began the transformation by launching a survey for students on the content of courses and the pedagogy. The result showed that only a minority of students were satisfied with the teaching. Teaching was judged "Scholarly, serious and lacking in openness".[10]
Given the results of this survey, a gradual reform was put in place. Technical subjects such as chemistry and physics were abandoned, teaching content was adapted to the company demand and the human factor was taken into account with the introduction of courses in sociology and human resources. In 1965, marketing classes were introduced. Diverse teaching methods such as conferences were set up, similar to what HEC Paris and Sciences Po offered. During this time, ESSEC introduced teaching methods commonly used in U.S. business schools. Furthermore, the recruitment was diversified with the introduction of the Admis on Title in 1966, which also marked the opening of the school to women. However, preparatory classes were not yet being open to women students.[10]
Associative life also began in the early 1960s with the creation of the ESSEC Mardis in 1961 and the Junior Enterprise in 1967. The former is a student forum of ESSEC which occasionally invites speakers from French art, sports, politics and economic spaces every year. It also hosted debates led by two students from the association.[10]
The entrance exam was reformatted in 1969, with the elimination of the chemistry and physics test and remodelling of the oral exam which now aimed to test the logical reasoning of the candidates and not only their general knowledge.
1970–1990

With the reform in place, the number of students grew, and the school was starting to run out of space. The school occupied three amphitheatres at the ICP and later, in 1971, administrative services would be moved to Raspail Boulevard. In 1965, a commission was set up to consider moving the school to a new location. Projects were planned in Bagneux or Gentilly, which were ultimately abandoned. On 5 July 1967, a decision was taken by ESSEC to move to a new site in the town of Cergy-Pontoise where the current campus is located.[14]
During this time, ESSEC was able to break free from the ICP. In 1968, the latter recognized the financial and administrative independence of the school. In 1969, the ESSEC group was founded, consisting of the school, CERESSEC, a Research Center and ISSEC, an institute for executives. ICP, however, retained one-third of the seats of the Board of Directors and the appointment of the director of the school must still be approved by the rector of the ICP.[14]
The move to Cergy-Pontoise polarized the community. It was less well received by students due to the lack of public transportation to the area. Some teachers fueled the controversy, aware that such a move would entail a potential replacement of faculty members. The new school extended and included a large amphitheatre of 300 seats, eight small amphitheatres with 80 seats equipped with closed circuit television, a computer centre, a large language laboratory, a library, a sports hall, a restaurant university and 48 classrooms. Its reception areas (foyers, cafeterias, and chapel) were to be available to the public in Cergy. In exchange, student housing was made available nearby.[15]
Before 1971, ESSEC relied mainly on executives working in companies as its teaching staff. However, the school started to set up its permanent faculty. The grants awarded by
The decision to move to
Gilbert Olivier strongly opposed the plan, seeing it as a failure of the initial project of the school to emancipate itself from the higher education system. Financial conditions ultimately improved, permitting the school to operate without taking such actions. The rescue was made possible by the Versailles Chamber of Commerce, which injected 10 million francs to cover the deficit of ESSEC, bought 51% of ESSEC's ownership for 12 million francs and committed to pay an annual subsidy of 6 million francs from 1982 to 1989. In exchange, ESSEC retained its legal autonomy (and did not become a part of the chamber like the case of HEC Paris and ESCP with the Paris Chamber of Commerce), but had a governance system with a management board and supervisory board. This intrusion of supervision and the absence of representation of the students and professors in the general assembly triggered strikes and the launching of petitions against the plan. The agreement was finally signed on 6 April 1981. The fear of control of the school and its pedagogy ultimately proved unfounded.[10]
2000–present
In 1999, the school decided to rename the
The repositioning of the program was heavily criticized by
In 2005, ESSEC expanded its campus with the inauguration of the Nautile building and further, in 2007, with the multipurpose room, the Dome, which has a capacity of 2,700 people, and the Galion. The buildings were designed by Marc Seifert, son of Ivan Seifert who designed the original campus in 1973. In 2008, the library was expanded. Renovation of the restaurant area followed the following year.[19][20]
In March 2006, ESSEC Business School inaugurated its new campus in Singapore within the National Library, the ESSEC Asian Center.[21]
In 2010, ESSEC presented its strategic plan for 2010–2015. The program portfolio was repositioned: the
During this time, the school expanded its double-degree agreements with the
In 2014,
Grande école degrees
ESSEC Business School is a grande école, a French institution of
The degrees offered are accredited by the
Research
Departments
The school has eight research departments in different fields of human sciences: Accounting and Management Control; Business Law and Environment; Economy; Finance; Management; Operations Management; Marketing; Information Systems, Decision Sciences and Statistics.[36]
CERESSEC
The ESSEC research center, or Centre de recherche ESSEC business school (CERESSEC), created in 1969. Supervised by AERES since 2013, the research focuses on scientific area in partnership with the Ministry of Higher Education and Research.[32]
According to the HCERES report on 13 May 2019, CERESSEC is "a leading research laboratory at the national and international level, it is a leading French center in the field of management and related disciplines." It supports the school's influence in national and international rankings. The research center brings together 165 professors, on two sites in Cergy and Singapore. The professors work on nine research themes: Accounting and management control; Economy; Finance; Information System; Law, Negotiation and Consultation; Management; Marketing; Management of Operations; and Statistics.[37]
ESSEC Iréné
ESSEC Iréné is the Institute for Research and Education on Negotiation in Europe created in 1996. The research focuses on several topics related to negotiation, mediation, stakeholder dialogue, and conflict resolution. The stakeholders involved include academics, senior civil servants, elected representatives, managers and employees of businesses, trade unionists, and social mediators.[38]
ESSEC Behavioural Research Lab
This institute is an interdisciplinary research platform which focusses on the study of human behavior in a controlled environment. The study is mainly conducted in the fields such as
Organization and governance
ESSEC is a non-profit organization. Its management consists of a Director General (School Dean), assisted by its executive committee, made up in particular of the deans of programs, professors and research body. They report to the board, which administers the association, and is made up of two representatives of the Paris Ile-de-France CCI, a representative of the alumni association, and two qualified professionals.[40]
The supervisory board is made up of twenty-eight members, six representatives of the Paris Ile-de-France CCI, two members of the Institute Catholique de Paris, five former students, one member of the Confederation of SMEs, four students, five professors including the dean of the professors, two members of the administrative staff of the school, and three qualified professionals.
The general assembly is the guarantor of the stability of the statutes of the association, and it is composed of the president of the CCI of Paris Île-de-France, a representative of the association of graduates, a representative of the Confederation of SMEs, the dean of professors, and the rector of the Catholic Institute of Paris (ICP).[40]
Deans of ESSEC Business School
From | To | Name |
---|---|---|
1939 | 1960 | Camille Donjon |
1960 | 1980 | Gilbert Olivier |
1980 | 1987 | Julien Coudy |
1987 | 1988 | Jean-Claude Tournand |
1988 | 1989 | Jean Castarède |
1990 | 1997 | Jean-Pierre Boisivon |
1998 | 2000 | Gérard Valin |
2001 | 2013 | Pierre Tapie |
2013 | 2017 | Jean-Michel Blanquer |
2017 | present | Vincenzo Esposito Vinzi |
Rankings
2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|---|---|
FT - European Business School | 18th | 23rd | 8th | 7th | 6th[41] | 8th[42] | 9th[43] |
Undergraduate - France | |||||||
Le Point - Classement des Bachelors (France) | 1st | 1st | 1st | 1st | 1st[44] | 1st | 1st |
L'Étudiant - Classement des Bachelors (France) | 1st | 1st | 1st | 1st | 1st[45] | - | |
Graduate - Worldwide | |||||||
FT - Master in Management (Worldwide) | 3rd | 5th | 4th | 3rd | 3rd[46] | 6th[47] | 6th[48] |
FT - Master in Finance (Worldwide) | 7th | 3rd | 5th | - | 4th[49] | 4th[50] | - |
QS - Master in Strategy & Management of International Business (Worldwide) | - | 4th | 4th | 3rd | 3rd[51] | 3rd[52] | 3rd[53] |
QS - Master in Finance (Worldwide) | - | 10th | 9th | 9th | 7th[54] | 7th[55] | 7th[56] |
QS - Master in Data Sciences & Business Analytics (Worldwide) | - | - | 4th | 3rd | 3rd[57] | 3rd[57] | 4th[58] |
QS - Master in Marketing Management and Digital | - | - | - | - | - | - | 4th[59] |
QS - Global MBA (Worldwide) | - | 27th | 26th | 30th | 27th[60] | 27th[60] | 27th[61] |
Executive - Worldwide | |||||||
FT - Executive Education Open (Worldwide) | 18th | 24th | 23rd | 21st | 16th[62] | 13th[63] | 12th[64] |
FT - Executive Education Customised (Worldwide) | 15th | 17th | 12th | 5th | 3rd[65] | - | 5th[66] |
FT - Executive MBA (Worldwide) | 45th | 47th | 47th | 45th | 32nd[67] | ||
The Economist - Executive MBA (Worldwide) | - | - | 17th[68] | ||||
QS - Executive MBA (Worldwide) | - | 7th | 10th | 10th[69] | 8th[70] |
Campuses
ESSEC Business School, Cergy-Pontoise | ESSEC Executive Education at la Defense, Paris | ESSEC Asia-Pacific in Singapore |
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ESSEC has 4 campuses: Cergy, Singapore, La Défense and Rabat. An Africa-Indian Ocean campus project in Mauritius was announced in 2016 but was canceled in 2017.[71]
Cergy campus
The main ESSEC campus is located in Cergy. Inaugurated in 1973, the site is located in the city and open to the public, mixing students and inhabitants in the area. In 2007, two new buildings were constructed: the Dome and the Galion, both significantly increased Cergy campus grounds. The Dome, which acts as a multipurpose room, can accommodate up to 2,700 people. It is used for business forums (Career Fairs), conferences, exam site, and cultural and social activities. The Galion is an administrative and educational building. It houses 54 offices and meeting rooms, 8 amphitheaters, and 12 classrooms as well as open work spaces.At the end of 2018, the Campus 2020 project was announced, which intends to modernize the Cergy campus by 2023, for a total cost of 35 million euros (private and public funding). Among the main lines of this project are the construction of a sports centre of nearly 2,000m2, the redevelopment of the old gymnasium and the existing administration building into spaces intended for research activities.[72]
La Défense campus
ESSEC has had premises in the
Singapore campus
The ESSEC Asia-Pacific campus in Singapore was announced in October 2012, by Pierre Tapie shortly before his departure.[74] The new campus was inaugurated in May 2015, by Jean-Michel Blanquer.[75] ESSEC has been present in Asia since 1980 with a permanent office in Japan and Singapore since 2005 through the ESSEC Asian Centre located in the National Library Building.[76] After considering Tokyo, Shanghai and Singapore, among others, the school finally chose Singapore latter in 2005, in particular for its position as a gateway to Asia. Located in Nepal Hill, the campus spans five levels, 6,500m2, can accommodate 1,500 students per year and cost 24 million euros, fully funded by ESSEC. It was designed by Singaporean architect, Dr. Liu Thai Ker (former architect planning Singapore).[77][78][79]
Rabat campus
The creation of this campus was announced in November 2015, by Jean-Michel Blanquer and was inaugurated in April 2017.[80] Morocco was chosen for the already effective presence of ESSEC's partner CentraleSupélec, its proximity to France and the large number of Moroccan alumni.[81] Located 15 km from Rabat, the campus covers 6,000 m2 and has a capacity of 480 students. The campus is located right in the Casablanca - Rabat - Kenitra axis. The campus was built specifically for ESSEC by the Addoha real estate group to which the school pays rent (proportional to the number of students hosted during the first three years, then €360,000 / year beyond), with the possibility of purchasing the premises after nine years.[82][83] At its first school year, the campus had seventy students, including eighteen Moroccans.[84]
Programs
ESSEC Global BBA
The undergraduate program was initially created in 1975 by ESSEC Group to prepare students to meet the needs of French firms launching operations on the international market. It was formerly known as
The Global BBA lasts for four years and is designed for candidates graduated from high school (in France "Baccalauréat").
At the end of the program, each student will have completed a minimum of 12 months of coursework abroad (each student will do two exchange programs abroad), a one-month humanitarian project and between 11 and 18 months of professional experience, which may also take place abroad.
Master in Management - Grande École program

ESSEC's postgraduate programme is its
The ESSEC MSc in management has been historically designed for candidates who have completed
ESSEC offer an à la carte program – whether following courses at ESSEC or at a partner institution, going abroad or focusing on an associative project etc.
Master in Finance
The Master in Finance replaced the old Master Techniques Financières since 2016. The Master in Finance is recognized by the French Higher Education and Research Ministry as master's degree.
There are three specialized tracks:
- Corporate Finance: M&A, Private Equity, ECM, DCM, Equity Research, Leveraged and Project Finance;
- Financial Markets: Sales, Trading, Risk Management and Portfolio Management;
- FinTech & Analytics: Quantitative Asset and Risk Management, Data-based Market Making and Trading and Quant Hedge Funds (with a solid Math/Physics degree).
The Master in Finance has a partnership with the Chartered Financial Analyst (CFA).
ESSEC M.S. Advanced Masters
The
ESSEC Global MBA
The Global MBA at ESSEC Business School is a 12-month, full-time MBA program with an emphasis on emerging markets and experiential learning. It offers two Majors allowing students to specialise in the following areas: Luxury Brand Management, Strategy and Digital Leadership.[90]
PhD in Business Administration
The PhD trains future professors,
ESSEC Executive Education
More than 5,000 managers participate in ESSEC Exec Ed programs every year, primarily at La Défense campus, located in the heart of Paris' financial district and ESSEC's Singapore campus.
ESSEC & Mannheim Executive MBA
ESSEC and Mannheim Business School launched their joint Executive MBA Program in 2004. Building on the first established Executive MBAs in Europe by ESSEC since 1994, several modules are proposed in Mannheim, Paris, Singapore and various other locations worldwide in partner business schools.
International partnerships

ESSEC has developed partnerships with universities all over the world for exchange and double degree programs, including
ESSEC alumni
The association of graduates of the ESSEC or ESSEC Alumni group was founded in 1923, with the mission of connecting the 60,000+ graduates of ESSEC.[91] It spans 75 countries and five continents and organizes more than a thousand events per year through its two hundred volunteers and employees.[92] The network partners with 60 corporations, consists of 17 regional clubs and 73 chapters around the world. The association also publishes the alumni magazine, Reflets, five times a year.[93]
Since 2017, the association has maintained a physical office on the Cergy campus.[94] The same year lifelong ESSEC Alumni membership became included in tuition fees.[95]
Notable alumni
Business
- Nicolas Hieronimus, CEO of L'Oréal Group[96][97]
- Sue Nabi, CEO of Coty Inc.[98]
- Marc Lelandais, Chairman of S. T. Dupont[99]
- Benoît Coquart, CEO of Legrand[100]
- Olivier Sichel, Deputy CEO of Caisse des dépôts et consignations, former CEO of Wanadoo[101]
- Véronique Bédague, CEO of Nexity[102]
- Antoine Bernard de Saint-Affrique, CEO of Danone[103][104]
- France Telecom (1995–2002)[105]
- Patrick Cescau, CEO of Unilever[106]
- Pierre-André de Chalendar, CEO of Saint-Gobain[107][108]
- Corinne Vigreux, Co-founder of TomTom N.V.[109]
- Group BPCE[110]
- Pierre Nanterme, CEO of Accenture[111]
- Yves Perrier, CEO of Amundi, former CFO of Société Générale[112]
- Pierre Denis, CEO of Jimmy Choo (fashion house)[113]
- Marie-Christine Lombard, CEO of TNT Express[114]
- Dominique Reiniche, CEO of Coca-Cola Europe[115]
- Gilles Pélisson, CEO of TF1, former CEO of Bouygues Telecom (2004–2006) and of Accor Group (2006–2011)[116]
- Charles Bouaziz, CEO of Monoprix S.A., Former CEO of PepsiCo (Europe)[117]
- Élisabeth Moreno, President of Hewlett-Packard Africa, Former President of Lenovo France
- Peugeot-Citroën[118]
- Jérôme Tafani, CEO of Burger King France[119]
Politics
- Charles Konan Banny, former Prime Minister of Ivory Coast[120]
- Prime Minister of Mali[121]
- Oxfam France[122]
- Minister of Culture in the First Valls government.[123]
- Emmanuelle Mignon, ex-Cabinet secretary of French President Nicolas Sarkozy from 2008 to 2012[124]
- Alexis Kohler, Chief of Staff of President of France Emmanuel Macron[124]
Academics
- D. K. Bandyopadhyay, Indian scientific management researcher
Other well-known alumni
- Gérald Caussé, Presiding Bishop of The Church of Jesus Christ of Latter-day Saints
- Marie-José Pérec, former sprinter, three times Olympic champion[125]
- Philippe Sollers, French writer[126]
Controversies
In 2020, its campus in Singapore came under intense controversy when one of its students, Louise Pizon-Hébert, made multiple posts on Instagram during Chinese New Year by making slit-eyed gestures and using the pejorative term "ching chong" as a caption while wearing the cheongsam. The school has claimed that its disciplinary committee were currently "looking into the situation". However, to date, the results from the committee have not been made public.[127][128][129]
See also
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