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ESCP Business School

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ESCP Business School (French: École Supérieure de Commerce de Paris; English: Paris 1st School of Business) is a French business school and grande école founded in Paris and based across Europe with campuses in Paris, Berlin, London, Madrid, Turin, and Warsaw. Established in 1819, it is considered the world's oldest business school.[4] ESCP Business School runs BSc, MBA, Executive MBA, master's degree programs in finance and management, executive education programs, and PhD programs.

ESCP Business School
École Supérieure de Commerce de Paris
Paris 1st School of Business


MottoIt all starts here
TypeGrande école de commerce et de management
(Private research university Business school)
Established1819; 205 years ago (1819)
AccreditationAACSB[1] & EQUIS[1]
Academic affiliations
Conférence des grandes écoles,[1]
Sorbonne Alliance[1]
Budget€ 176 million (2023)[1]
ChairmanPhilippe Houzé [fr][2]
DeanLeon Lalusa
Academic staff
180 research professors:[1]
100% PhD.;[3]
38% female;[3]
83% international[3]
Students10,000 (undergraduate & postgraduate)[1]
5,000 (executive education)[1]
Location
Paris, France;[1]
Berlin, Germany;[1]
London, United Kingdom;[1]
Madrid, Spain;[1]
Turin, Italy;[1]
Warsaw, Poland[1]
ColorsBlue and white    
Websiteescp.eu

History

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French economist and businessman Jean-Baptiste Say (1767-1832)

The school was established in Paris on 1 December 1819 by two former Napoleonic soldiers, Germain Legret and Amédée Brodart. Germain Legret had founded two business schools in Paris in 1815 and 1818, but both closed their doors rapidly.[5] ESCP offered entrepreneurship education in the 1820s.[6] It was modelled on the first grande école, the École Polytechnique, founded by Lazare Carnot and Gaspard Monge, but was initially more modest, in large part because it had not been supported by the state.[7] The school had gained international exposure since the 1820s, but it was not the only business school open to international students.[8] Its stature and importance ascended during the 19th century and it moved to its current Parisian location on the Avenue de la République in 1898.[9]

In 1828, the project to put the school under the authority of the French Ministry of Commerce and Industry failed. The school remained independent by the intervention of Jérôme-Adolphe Blanqui, who took it over. Several times during the first half of the 19th century, French political developments resulted in plans to group ESCP with elite French engineering schools such as the École Polytechnique or the École Centrale Paris, but this ultimately did not happen. At the time, engineering schools in France and in Europe taught future businessmen. From 1838, the French state began to fund scholarships meant for ESCP's students.

In 1869, the Paris Chamber of Commerce took over the school, aiming to train future business leaders in modern methods in commerce and industry. In 1892, ESCP set up selective admissions processes, which continued to be retained and, today, take the form of competitive exams.

On 5 April 1973, the concept of a multi-campus business school was created, with consecutive inaugurations of campuses taking place in the United Kingdom (London in 1974, move to Oxford in 1975) and in Germany (Düsseldorf in 1975, move to Berlin in 1985). In 1974 the ESCP developed courses in entrepreneurship in response to internal and external forces.[10] Since then, the school has deepened its European presence to become an integrated pan-European business school:.[11] In 2018, ESCP became an École consulaire, largely financed by the public Chambers of Commerce in Paris, Berlin, and Turin.[2]

 
 
Paris
 
Berlin
 
London
 
Madrid
 
Turin
 
Warsaw
class=notpageimage|
ESCP Business School campuses
  • In 1985, the School's campus in Germany moved from Düsseldorf to Berlin at the invitation of the Government of Berlin.
  • In 1988, a fourth campus was opened in Madrid.
  • In 1999, ESCP merged with its sister school EAP.
  • In 2001, the Master in Management programme taught at ESCP became validated by City University London.
  • In 2004, a fifth campus in Turin was founded, whose courses became validated by the University of Turin; Master in Management students can obtain the Italian degree of Laurea Magistrale.
  • In 2005, ESCP inaugurated its London campus, having moved from Oxford.
  • In 2007, the Master in Management programme was recognised by the Universidad Carlos III de Madrid; students can obtain the Spanish degree of Master Europeo en Administración y Dirección de Empresas.
  • In 2015, ESCP established its sixth European campus with its partner Kozminski University in Poland.
  • In 2016, the School decides to strengthen its footprint in Paris by adding a second campus located in the Montparnasse area after buying back Novancia Business School's building. The campus is dedicated to executive programs.
  • In 2019, the School removed “Europe” from its name, reverting to its original name.[12]

Grande école degrees

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ESCP Business School is a grande école, a French institution of higher education that is separate from, but parallel and often connected to, the main framework of the French public university system. Grandes écoles are elite academic institutions that admit students through an extremely competitive process, and a significant proportion of their graduates occupy the highest levels of French society.[13][14][15] Similar to Ivy League universities in the United States, Oxbridge in the UK, and the C9 League in China, graduation from a grande école is viewed as the ideal prerequisite credential for any top government, administrative and corporate position in the nation.[16][17]

The degrees are accredited by the Conférence des Grandes Écoles[18] and awarded by the French Ministry of National Education.[19] Higher education business degrees in France are organized into three levels thus facilitating international mobility: the Licence, or Bachelor's degrees, and the Master's and Doctoral degrees. The Bachelors and the Masters are organized in semesters: 6 for the Bachelors and 4 for the Masters.[20][21] Those levels of study include various "parcours" or paths based on UE (Unités d'enseignement or Modules), each worth a defined number of European credits (ECTS). A student accumulates those credits, which are generally transferable between paths. A Bachelors is awarded once 180 ECTS have been obtained (bac + 3); a Masters is awarded once 120 additional credits have been obtained (bac +5). The highly coveted PGE (Programme Grande École) ends with the degree of Master in Management (MiM).[20][21][22]

MBA degrees

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In 2017, ESCP decided to launch its MBA in International Management. To this end, it first rebranded its Master in European Management, and then completely revolutionised the curriculum of its MBA in 2023. In its new configuration, candidates can study both full-time and part-time for a period ranging from 10 to 34 months. During this period, all the typical subjects of a general management MBA are covered. The course is structured through core modules, two company consultancy projects (business consultancy on real-life cases provided by partner companies), and a specialization, for a total of around 500 teaching hours. The entire curriculum awards the 'Grade de Master' degree recognized by the French Ministry of Education and a total of 120 ECTS credits. The core modules are taught in Paris, Berlin, London or online. They are followed by a specialisation taking place in Madrid, Turin or online.

The MBA’s specialisations are in consulting, entrepreneurship, luxury, and fintech & innovation.

The ESCP MBA is currently ranked 26th worldwide by the 2024 QS Global MBA Ranking and 25th worldwide by the 2024 MBA Financial Times Ranking.

Rankings

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Global Rankings Business Education - Financial Times 2018 2019 2020 2021 2022 2023 2024
European Business Schools 11th[23] 14th[24] 8th[25] 14th[26] 3rd[27] 4th
Master in Management 5th[28] 5th[29] 6th[30] 7th[31] 5th[32] 4th
Master in Finance 2nd - 2nd 2nd 2nd 1st
Executive MBA 11th 14th 7th 6th 5th 3rd
Global MBA - - - - 52nd 27th 25th
Executive Education Open 37th 51st 41st - 19th 17th
Executive Education Customized 18th 18th 14th - 12th 14th

[33]

Campus

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ESCP students can study on campuses in France (Paris), the UK (London), Spain (Madrid), Germany (Berlin), Italy (Turin), and Poland (Warsaw).[34] They can spend either 6 months or 1 year on each campus according to their study choices. Each campus has its own specifics and develops programs with local academic institutions. For instance, in Spain, ESCP provides a Master in Business Project Management co-delivered with the Technical University of Madrid and in Italy, a double-degree program is available for engineers together with the Polytechnic University of Turin.[35]

Since 2017, ESCP has had two campuses in Paris, one near the Place de la République (in the 11th arrondissement of Paris) and another one near the Montparnasse Tower (in the 15th arrondissement of Paris). Each campus is dedicated to a specific range of programs. The campus in the 11th arrondissement hosts all the graduate programs whereas the campus in the 15th arrondissement hosts the undergraduate education, the executive education and the school's start-up Incubator, the Blue Factory. This organization is unique to Paris; on every other campus, undergraduate, graduate and executive programmes are dispensed in the same campus.

Paris - Republique Paris - Montparnasse
   
Berlin Turin London
     

Partnerships

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ESCP has over 100 partner grandes écoles and universities worldwide, several offering dual degrees.[36]

Exchange

Dual degrees

Notable alumni

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Business

Politics

Research and education

Media and culture

Sports

Associations

See also

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References

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  1. ^ a b c d e f g h i j k l m n "Facts, Rankings and Acreditations". ESCP. Retrieved 25 May 2023.
  2. ^ a b >"ESCP Governance". ESCP. Retrieved 21 January 2022.
  3. ^ a b c "ESCP Business School". Financial Times. Retrieved 23 January 2022.
  4. ^ "Voici les dates des oraux aux Parisiennes (HEC, ESSEC, ESCP) - Major-Prépa". major-prepa.com (in French). June 2018. Retrieved 3 November 2018.
  5. ^ "Adrien Jean-Guy Passant: The early emergence of European commercial education in the nineteenth century: Insights from higher engineering schools, Business History, Volume 61, Issue 6, pp.1051-1082, 2019". doi:10.1080/00076791.2018.1448063.
  6. ^ "Adrien Jean-Guy Passant: From bookkeepers to entrepreneurs: A historical perspective on the entrepreneurial diversification of a French business school over 200 years, Management & Organizational History, Volume 19, Issue 1, pp. 1-33, 2024". doi:10.1080/17449359.2023.2233088.
  7. ^ "Adrien Jean-Guy Passant: Between filial piety and managerial opportunism: The strategic use of the history of a family business after the buyout by non-family purchasers, Entreprises et Histoire, Volume 91, Issue 2, pp.62-81, 2018". doi:10.3917/eh.091.0062.
  8. ^ "Adrien Jean-Guy Passant: Issues in European business education in the mid-nineteenth century: A comparative perspective, Business History, Volume 58, Issue 7, pp. 1118-1145, 2016". doi:10.1080/17449359.2023.2233088.
  9. ^ Adrien Jean-Guy Passant (2020). À l'origine des écoles de commerce : ESCP Business School, la passion d'entreprendre. Paris: L'Harmattan. p. 23 et 24. ISBN 978-2-343-18659-7..
  10. ^ "Adrien Jean-Guy Passant: The organizational identity of business schools: Toward an entrepreneurial redefinition? A longitudinal case study of a European business school, Revue de l'Entrepreneuriat, Volume 21, Issue 1, pp. 22-64, 2022".
  11. ^ "Adrien Jean-Guy Passant: Making European managers in business schools: A longitudinal case study on evolution, processes, and actors from the late 1960s onward, Enterprise & Society, Volume 23, Issue 2, pp. 478-511, 2022". doi:10.1017/eso.2020.65.
  12. ^ "ESCP launches its new brand campaign – The Choice | ESCP". escp.eu.
  13. ^ "France's educational elite". Daily Telegraph. 17 November 2003. Retrieved 5 February 2019.
  14. ^ Pierre Bourdieu (1998). The State Nobility: Elite Schools in the Field of Power. Stanford UP. pp. 133–35. ISBN 9780804733465.
  15. ^ Ball, MBA Crystal (19 April 2019). "Top Grandes Écoles in France: Ranking, costs, job placements and more".
  16. ^ Monique de Saint-Martin, « Les recherches sociologiques sur les grandes écoles : de la reproduction à la recherche de justice », Éducation et sociétés 1/2008 (No. 21), p. 95-103. lire en ligne sur Cairn.info
  17. ^ Valérie Albouy et Thomas Wanecq, Les inégalités sociales d’accès aux grandes écoles (2003), INSEE
  18. ^ "Conférence des grandes écoles: commission Accréditation". Conférence des grandes écoles. Retrieved 21 January 2022.
  19. ^ "Etablissements dispensant des formations supérieures initiales diplômantes conférant le grade de master". Enseignementsup-Recherche.gouv.fr. Ministère de l'Enseignement supérieur, de la Recherche et de l'Innovation. Retrieved 16 January 2022.
  20. ^ a b "La Licence". enseignementsup-recherche.gouv.fr (in French). 19 July 2016. Retrieved 19 July 2016.
  21. ^ a b "Le Master". enseignementsup-recherche.gouv.fr (in French). 19 July 2016. Retrieved 19 July 2016.
  22. ^ Ben-David, Joseph and Philip G. Altbach. eds. Centers of Learning: Britain, France, Germany, United States (2nd ed. 2017).
  23. ^ "FT European Business School Rankings 2018". Financial Times. Retrieved 22 January 2022.
  24. ^ "FT European Business School Rankings 2019". Financial Times. Retrieved 22 January 2022.
  25. ^ "FT European Business School Rankings 2020". Financial Times. Retrieved 22 January 2022.
  26. ^ "FT European Business School Rankings 2021". Financial Times. Retrieved 22 January 2022.
  27. ^ "European Business School Rankings 2022 - Business school rankings from the Financial Times - FT.com". rankings.ft.com. Retrieved 5 December 2022.
  28. ^ "FT Masters in Management". Financial Times. Retrieved 22 January 2022.
  29. ^ "FT Masters in Management". Financial Times. Retrieved 22 January 2022.
  30. ^ "FT Masters in Management". Financial Times. Retrieved 22 January 2022.
  31. ^ "FT Masters in Management". Financial Times. Retrieved 22 January 2022.
  32. ^ "Masters in Management 2022 - Business school rankings from the Financial Times - FT.com". rankings.ft.com. Retrieved 15 September 2022.
  33. ^ "Business school rankings from the Financial Times - FT.com". rankings.ft.com.
  34. ^ "Paris | ESCP". escp.eu.
  35. ^ "Outgoing | Pagina non trovata".
  36. ^ "International Partners". ESCP. Retrieved 21 January 2022.
  37. ^ "Leadership profile: Sébastien De Montessus". Mining Review. 26 January 2021. Retrieved 19 January 2024.
  38. ^ "Victor Herrero takes up CEO role at Guess - Executive Moves Executive Search".
  39. ^ "Patrick-cohen".
  40. ^ "ESCP Alumni - Hall of Fame". www.escpalumni.org.
  41. ^ WW, FashionNetwork com. "Renaud de Lesquen named CEO of Givenchy". FashionNetwork.com.
  42. ^ "Philippe Heim - La Banque Postale".
  43. ^ "Cyrille Vigneron". Luxury Tribune.
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