29/09/2008 | Newsletter, Masters and PhD
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The next generation - shaping the students at HEC

By: Ann Graham

The quality of HEC’s Masters in Management program is also reflected in the careers the school’s graduates embark on. Statistics show these graduates find their first position less than two months after graduating and within three years of graduating from HEC’s specialist Masters degrees, they are earning upwards of €70,000 (US$110,990, currency rate – July 2008). “This program is of high value for employers,” Professor Crès says. A portfolio of programs HEC School of Management offers a large portfolio of Master programs.

The 18-month Masters of Science (MSc) in Management is designed for candidates with no background in management but there are also 12-month Masters of Science programs in different disciplines such as international business, finance, economics, and sustainable development. These programs are taught entirely in English. Candidates with a good level of French language may join one of the school’s 12-month specialized Masters in subjects such as finance, marketing, auditing, entrepreneurs, law, and international affairs.

These programs are designed for students with no or few years of work experience. Candidates with more than three years of professional experience generally join HEC’s MBA. But HEC doesn’t just offer variety in its programs. It also offers variety in its learning environment. In the Master of Science in Management program, a quarter of the class is likely to be of international origin whereas in the new MSc programs the school is developing, Professor Crès is expecting 90 per cent of the students to be international.

“Diversity of origin is a key ingredient for any Masters course and we want that to increase,” he says. Designing the world The average age of a Masters in Management student at HEC is 23-24 and Professor Crès is incredibly aware that he and his staff are teaching France’s next generation. “We have been successful in what we do because we’re aware that we are teaching students who are young and lack work experience.

Therefore the content of our courses includes scientific development. Other techniques students need to acquire can be picked up during their internships or in their first job. The key element in our classrooms is that our students are being taught this scientific research by the researchers themselves. In 20 years the world will be our students and that’s our target.”

Biography

Professor Hervé Crès Department of Finance and Economics Associate Dean, Master of Science in Management Education 1994 PhD in Economics, University of Geneva, Switzerland 1994 PhD in Applied Mathematics, Université de Paris I. 1990 Diploma Science Po – Paris 1987 Ecole Normale Supérieure (Ulm), Mathematics Areas of interest General Equilibrium Theory Theory of Social Choice Theory of Market Failures

Main courses taught at HEC Public Economics Managerial Macro Economics Editorial activities: Associate Editor, Economic Theory Associate Editor, Journal of Economic Dynamics and Control Associate Editor, Mathematical Social Sciences