HEC Paris MiM - Class Profile, Curriculum, Funding and Salary

HEC Paris MIM is a leading 2-year Management degree program with 20 specializations, international dual degrees, and electives that leverage the school’s industry partnerships.

HEC Paris MiM: Class Profile

The HEC Paris MIM Class of 2024 is constituted of 427 students, with 66% international students. The program is closing in on gender parity, with 43% women. The entry criteria are stringent, with a median GMAT score of 700, accepting students from 52 nationalities.

 

Academic Background: Among the students from the Class of 2024, 28% have engineering backgrounds. Social sciences and humanities contribute significantly, with 25% of the class. Economics, at 18%, adds a strong foundation in economic principles and market dynamics.

A notable 17% of students have backgrounds in Business and Management. The Sciences, Accounting, and Finance each contribute 7%, 5%, and 5% respectively to the class composition.

HEC Paris MiM - Cost

The HEC Paris MIM program's expenses for the 2024/25 academic year include €26,600 for tuition in both the first and second years. For those opting for a gap year experience, an additional €2,900 is budgeted. Living costs, an essential consideration for students, amount to €12,000. In total, the comprehensive cost of the program is €67,200.

HEC Paris MIM - Financial Aid

HEC Foundation Excellence Scholarship: All candidates enrolled in HEC master's programs with a non-French diploma (Bachelor's or Master's Degree) are immediately considered for the HEC Foundation Excellence scholarship. There is no need for an additional document.  The decision for HEC Foundation quality Scholarships is based on academic quality and the overall merit of the application. Tuition expenses are reduced via scholarships.

Women’s High Potential Scholarship: Every year, HEC Paris awards high-potential female candidates from all nationalities up to €15,000 to cover their studies.

The Eiffel Excellence Scholarship: The scholarship invites applicants from emerging nations to influence future decision-makers in the corporate and public sectors. The selected applicants receive a monthly payment of €1181. In addition, the scholarship includes one international return ticket, social security, and cultural events.

The Equal Opportunity Scholarship: Students from all socioeconomic backgrounds can apply for the Equal Opportunity Scholarship, which gives them access to the distinctive master's program portfolio. Once the candidate completes the HEC MIM application form, they are directed to the Need-Based Application form (if required by the students), which needs to be filled out to become eligible for the scholarship. The French nationals and the students already studying in France are not eligible.

The Imagine Fellowship: assists future leaders from war-torn countries in pursuing studies at HEC Paris. It seeks to foster inter-communal peace and tolerance, diversity, inclusion, and harmony.

CMA-CGM Excellence Fund For Lebanon: The CMA CGM Group, a global leader in shipping and logistics, and the HEC Foundation have collaborated to give a scholarship to exceptional Lebanese students with low financial resources. At the start of the HEC master's program, the scholarship pays a portion of the total tuition and living costs in a single deduction payment.

Social Bursaries From The Garzouzi Foundation: The Nicolas and Michèle Garzouzi Foundation scholarships are only available to Lebanese students enrolled to M1 (Year One) who meet certain social conditions. The bursaries grant the candidate the right to a 15,000 Euro deduction from their scholarly fees in M1 (Year One), and then, if the candidate maintains a GPA of at least 3.5 and the demand is validated by the Garzouzi Foundation, a second 15,000 Euro deduction from scholarly fees in M2.

30% Club Scholarship: HEC Paris, in collaboration with the 30% Club, is offering female Master of Management applicants with excellent academic credentials the opportunity to receive a €15,000 scholarship. All female candidates are automatically considered for this Scholarship post application. Selection is based on academic excellence, interview results, application strength, and the candidate’s GMAT/GRE/TAGE-MAGE performance.

Avenir Scholarship: The HEC Foundation, in partnership with the French Embassy in Spain, provides scholarships to Spanish and French-Spanish students. The fund is worth €5,000.00. Tuition expenses are reduced via scholarships.

Prodigy Finance: Prodigy Finance offers loans to foreign graduate students pursuing master's degrees at the world's top universities.

Brain Capital: The Generation Contract is a novel financing approach for the HEC MIM Program. With this paradigm, any competent applicant, regardless of personal or financial circumstances, can study at HEC without paying tuition costs. The payment starts on completion of the program. This financing option is only available to students who speak German.

Flywire: is a global payments enablement and software company that offers scholarships to students through its Flywire Charitable Foundation. The scholarships are given based on need.

Lendwise: Lendwise is a UK-based specialized loan service committed to education finance for individuals wishing to pay for their studies at world-class universities.

GradRight: GradRight is a marketplace where lenders bid for student loans, with 95% of the education loan industry in India covered. Banks, NBFCs, and international lenders offer loans to Indian citizens on GradRight.

HEC Paris MiM - Curriculum

The HEC Paris MiM program is divided into three sections, including Year 1, Year 2, and an optional gap year.

Year 1: The first year of study focuses on the broad subject of business and management. The program includes a number of required general management courses as well as a number of elective courses. Students can use a waiver plan to take advantage of advanced courses and a greater selection of electives.
Optional Gap Year: Students will have the opportunity to take a gap year between their first and second years.

Year 2: The second-year curriculum is essential for customizing students’ experience and skills. Here, students can apply the skills and wide knowledge gained in the first year to make key career decisions. There are over 20 specialities in Marketing, Finance, Strategy, Operations, Law, and International Culture.

Cores and Electives

 

Specializations: The second year will transition students from management generalist to management expert. Students can also complete the specialization at the HEC Paris Campus or with French Partner Institutions.

Certificates: HEC Paris Certificates are integrated courses that provide more than 100 contact hours on real-world business assignments and field activities. Esteemed professionals are closely involved in creating and managing the program, giving a better understanding of how successful firms operate. These programs are only available to HEC Paris students. HEC MIM students can opt for any of the following nine certifications:

•    Digital Transformation
•    Engagement and Commitment Towards Society Inspiring Excellence
•    Digital Entrepreneurship
•    Mergers & Acquisitions
•    Energy & Finance
•    Luxury
•    Inclusive & Social Business
•    Climate & Business
•    Data Science For Management

Dual Degrees: HEC Paris has collaborated with top universities in France and throughout the world to provide Dual Degree Programs. These programs, whether in Management, Data Science, Law, or Public Affairs, help students develop analytical abilities, cultural knowledge, and a global perspective to operate in an international organization.

Global Opportunity

HEC-CEMS Master in International Management: CEMS, founded in 1988 with HEC Paris as one of the four founding members, is a global alliance comprising 34 world-class institutions, 74 world-renowned corporate partners, and 8 non-governmental organizations.

Following Year One at HEC Paris, students can spend one semester at HEC Paris and the other at another CEMS member school.

Exchange Programs: The HEC Paris MIM program also provides exchange possibilities with top US MBA programs, including Duke, Cornell, Michigan Ross, and Babson, as well as exchange opportunities in Latin America, China, Japan, and India.

HEC Paris MiM - Admission Procedure

The HEC Master in Management/Grande Ecole Program (MiM) is open to high-level applicants of all nationalities with little or no professional experience who:

•  Hold a bachelor's degree of at least three years with 180 ECTS in any field of study (engineering, social sciences, sciences, arts, etc.). Applicants may apply during the same year that they receive their degree.

•  French language proficiency is not a requirement for admission.

After meeting the above-mentioned requirements, the applicant can start filling the online application form for the HEC Paris MIM program with the following documents:

•    English language proficiency test results (TOEFL, TOEIC, IELTS, or Cambridge)
•    Two completed online reference forms (at least one done by a professor).
•    Official GMAT, GRE, or TAGE MAGE test score report
•    Resume (CV)
•    All valid academic transcripts received in a higher education institution (exchange programs included) with an official GPA.
•    A passport-style photo; and a €125 non-refundable application fee.

HEC Paris MiM - Application Essays

Q1: Why are you applying to the Master in Management at HEC Paris? (250 words)

Q2: Tell us about your career goals. Which sectors, companies, and functions are you interested in? (250 words)

Q3: Why do you think you would be an asset to the Master in Management cohort and what makes you stand out from others? (250 words)

Q4: What is your most fundamental core value and why is it important to you? Please state the value and elaborate in a concise and personal answer. (100 words)

Q5: In your opinion, what is the biggest challenge facing society and what could you do as a future business leader to address it? (250 words)

Q6: Please describe your ideal dinner party: who would you invite and why, what would you do? Anything is possible. (250 words)

HEC Paris MiM - Employment Report 2022

The HEC Paris MIM Employment Report 2022 showcases an impressive 98% of graduates secured employment within just three months of completing their program. The average starting salary is €57,000.

€107,000 is the salary after three years. Notably, 56% of graduates have ventured beyond their home country.

By Job Industry: The finance and accounting sector leads the way at 28%, demonstrating a strong foundation in quantitative skills. Consulting follows closely at 23%,. General management positions, at 22%. Graduates have also ventured into marketing and sales (12%), legal (9%), and the technology and data sciences field (3%).

By Job Location: With 57% securing positions in France, it's clear that HEC Paris is a preferred choice for talent in the region. The UK follows closely at 16%, highlighting the region’s strong influence on Finance openings. Graduates have also made their mark in various corners of the world, with 6% in the Asia Pacific, 3% in the Americas, and 2% in the Middle East. The diversity of placements continues across other European countries, with 16%.
 

Reference

HEC Paris MiM