HEC Montréal
Encyclopedia
HEC Montréal is the independent affiliated business school
Business school
A business school is a university-level institution that confers degrees in Business Administration. It teaches topics such as accounting, administration, economics, entrepreneurship, finance, information systems, marketing, organizational behavior, public relations, strategy, human resource...

 of the Université de Montréal
Université de Montréal
The Université de Montréal is a public francophone research university in Montreal, Quebec, Canada. It comprises thirteen faculties, more than sixty departments and two affiliated schools: the École Polytechnique and HEC Montréal...

, and the oldest management School in Canada
Canada
Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...

. It holds accreditations from AACSB, EQUIS
Equis
Equis may refer to:*European Quality Improvement System an international system of assessment and accreditation of higher education institutions in management and business administration run by the European Foundation for Management Development....

 and AMBA
Association of MBAs
The Association of MBAs is a London-based international organization that accredits postgraduate business programs at business schools worldwide. The Association is one of the three main global accreditation bodies in business education and styles itself "the world's impartial authority on...

, one of three schools in North America to hold triple accreditation
Triple accreditation
Triple Accreditation is the accreditation awarded to 55 business schools worldwide by the three largest and most influential business school accreditation associations:...

 in management education. The full name of HEC Montreal was École des Hautes Études Commerciales; the school was renamed HEC Montréal in 2002. The name was standardized to differentiate it from the other HEC institutions such as HEC Paris and HEC Lausanne
HEC Lausanne
HEC Lausanne , also called the Faculty of Business and Economics of the University of Lausanne in English, is the affiliated business school of the University of Lausanne...

 .

History

HEC Montréal was founded in 1907 by the Chambre de commerce de Montréal
Board of Trade of Metropolitan Montreal
The Board of Trade of Metropolitan Montreal is an association of businesses and businessmen in Greater Montreal. In its own words it serves as "the voice of the business community and of the people of Greater Montreal for all aspects of their economic growth and prosperity"....

 with the help of the Saint-Jean-Baptiste Society
Saint-Jean-Baptiste Society
The Saint-Jean-Baptiste Society is an institution in Quebec dedicated to the protection of Quebec francophone interests and to the promotion of Quebec Sovereignism. Its current President is Mario Beaulieu....

, and celebrated its 100th anniversary in 2007. HEC Montréal currently has fifty research centres, including 22 research chairs . The student body is made up of approximately 12,000 students and the faculty consists of 250 professors.

Programs

HEC Montreal offers a 4-year (3-year for Quebec students who completed CEGEP) bachelor's of business (BBA) program. The degree is available in different formats: the first year can either be fully in French or in English (with language courses in the other language, or Spanish).
Students then select one of three profiles:

- French: core courses in French, followed by options which may be in French, English or Spanish. A semester abroad is optional but encouraged.

- Bilingual: core courses in French and in English, followed by options in French, English or Spanish. A semester abroad is optional but encouraged.

- Trilingual: core courses in French, Spanish and English, followed by a mandatory semester abroad (or Campus Abroad program), and options in any of the three.

These combinations are quite unique in the continent.
Students then specialize in one of several topics: Finance, Accounting (the two most popular), Marketing, Human Resources, Operations Management, IT, Applied Economics or Quantitative Methods. Students may also combine two of these options to get a mixed specialization, or take an extra year and complete two entire specializations.
Students can also obtain a double degree with the French Grande École EM Lyon: after 4 years in total, they obtain a BBA from HEC Montréal and a M.Sc from EM Lyon.

Student exchanges are very popular: over 350 students attend some of the 100+ partner universities in 30+ countries (Australia, Argentina, Brazil, France, UK, Spain, Turkey, Hong Kong, Singapore, Thailand, China, Japan, Sweden, etc.) and another 350+ students come from these universities to HEC Montreal. International students make up a significant proportion of the student population, and the most common origins are France, Northern Africa and Latin America.

Learning French with the Bilingual BBA
Students who have only taken few classes of French in the past can do their first year exclusively in English, and take French language courses as well. These courses, and a full year of life in Montreal, should prepare them to start taking classes in French the following year. In a very short time, the students can become perfectly bilingual -an invaluable asset for an international career.

The school also offers a specialized, one-year program called D.E.S.S (Diplôme d'études supérieures spécialisées) in French, in very specific topics.
The rigorous M.Sc is one of the most reputed programs in the school, and it can be taken with a major research project or with a shorter one and more courses. Several options are available, including the highly quantitative M.Sc Financial Engineering, as well as M.Sc Financial Economics, M.Sc Finance, M.Sc Applied Economics, M.Sc Information Technologies, M.Sc Analytical Techniques, M.Sc Strategy, M.Sc Accounting Control, M.Sc Organisational Development and several other options. The program is quite selective and lasts for 18 to 24 months.
The school offers MBA programs in French (full and part time) as well as in English (full time) with a duration of one year. Furthermore, an EMBA is available jointly with McGill University for executives with many years of experience.
Finally, the school offers PhD degrees together with the other universities of Montreal (McGill, Concordia-JMSB, UQÀM-ESG) in several fields related to management, finance and economics.

World rankings and distinctions

HEC Montréal has consistently been ranked among the top B-Schools in the world by major publications.

- In an employability ranking by Emerging, published in the New York Times in 2011, chairmen and executives form 10 countries were asked which universities they would recruit from. HEC Montréal obtained a 46th position worldwide, and 2nd in Canada, ahead of notable Canadian schools such as University of Toronto (Rotman), York (Schulich), Western Ontario (Ivey), UBC (Saunder) and Queens, and ahead of other notable international schools such as ESCP-Europe (France), Boston University, Georgetown University, New York University, Carnegie Mellon University, etc. .
- According to an EdUniversal ranking from 2011, the school is "universal" (highest grade) and ranks as the 24th most influential business school worldwide, right behind LSE (21st), Cornell (22nd) and NYU (23rd) but ahead of University of Toronto (Rotman,25th), IESE in Spain (25th), Northwestern University (Kellogg, 28th), University of Chicago (Booth, 33rd), all but one Canadian school, and ahead of other international schools like ESSEC, ESCP-Europe, IE Business School, Dartmouth (Tuck) and even the prestigious University of Pennsylvania (Wharton).
It was listed among the top 10 "Non-US Business Schools" in Forbes 2009 B-Schools rankings (biennial rankings) .

The school is ranked #15 in Businessweek's Top Non-US B-School list. It was ranked #10 on Businesweek's top 10 list of "international non-US schools" in both 2006 and 2004.

The school was included in the 2006 Top 100 list published by the Economist Intelligence Unit. It is also one of the 9 Canadian MBA programs highlighted by Canadianmba.com .

In the 2010 QS Global 200 Business Schools Report
QS Global 200 Business Schools Report
The QS Global 200 Business Schools Report identifies the most popular business schools in each region of the world. It aims to serve employers seeking MBAs at a regional level. It originated in the early 1990s under the partnership Quacquarelli Symonds. The TopMBA Career Guide was made in 1990, and...

 the school was placed as the 4th best business school in Canada and the 22nd best business school in North America.

No objectively fair comparisons can be drawn with US Business Schools. However, HEC Montréal was ranked 16th in the 2009 global ranking of the top 50 business schools compiled by AméricaEconomía magazine, a standard reference for the Latin American business community. The School made the list of the top 20 business schools outside of Latin America offering MBA programs. HEC Montreal was also ranked 28th in North America by QS Top MBA in the 2009 rankings topping other notable Canadian business schools such as Sauder School of Business and Schulich School of Business.

HEC Montréal is also well known for being a centre of financial expertise. On june 22 2009, the Financial Times listed HEC Montréal's Msc programmes in finance (MSc in Finance, MSc in Financial Engineering and MSc in Financial Economics) among the best MSc in Finance programmes in the world. The Standard Life-HEC Fund, an investment fund created by Standard Life and HEC Montréal, and managed by the best undergraduate and postgraduate students in Finance, took first place at the 10th Redefining Investment Strategy Education (RISE) Forum in 2010. The Standard Life-HEC Fund also took first place in 2009 and 2008.

In February 2010 Expansión, a prestigious Mexican magazine, listed HEC Montréal's MBA programme among the best MBA programmes in the world. This ranking confirms HEC Montréal's prestige, standing and efficient internationalisation strategy.

Since the Commerce Games, an inter-university competition, were founded in 1989, HEC Montréal's students have brought home first place ten times, second place four times and third place four times

The average GMAT score is 615 for the 2009-2010 MBA class.

Buildings

HEC's main building was constructed in 1996 and has since won an award for "institutional architecture. The building was designed by Dan Hanganu
Dan Hanganu
Dan Hanganu, CM is a Romanian-born Canadian architect. Based in Montreal, Quebec, he has designed a number of prominent Quebec buildings, including the new wing of the Pointe-à-Callière Museum, the HEC Montréal building, the concert Hall of Rimouski, the UQAM design school and several other...

 and Jodoin, Lamarre, Pratte and Associates The building is situated at 3000 Côte-Sainte-Catherine (Map ), next to the Université-de-Montréal Metro Station
Université-de-Montréal (Montreal Metro)
Université-de-Montréal is a station on the Blue Line of the Montreal Metro rapid transit system, operated by the Société de transport de Montréal . It is located in the Côte-des-Neiges area of borough of Côte-des-Neiges–Notre-Dame-de-Grâce of Montreal, Quebec, Canada .- Overview :It is a normal...

. The former main building at 5255 Decelles (Map ) is now used as a secondary building. The first building used by HEC was located in downtown Montreal but is no longer used by the school.

Academic departments

Department of Accounting Studies

Department of Human Resources Management

Department of Information Technologies

Department of Management

Department of Marketing

Department of Logistics and Operations Management

See also

  • Higher education in Quebec
    Higher education in Quebec
    Higher education in Quebec differs from the education system of other provinces in Canada. Instead of entering university or college directly from high school, students in Quebec leave secondary school after Grade 11 , and enter post-secondary studies at the collegiate level, either in CEGEPs...

  • List of universities in Quebec
  • Canadian Interuniversity Sport
    Canadian Interuniversity Sport
    Canadian Interuniversity Sport is the national governing body of university sport in Canada, comprising the majority of degree granting universities in the country. Its equivalent body for organized sports at colleges in Canada is The Canadian Colleges Athletic Association...

  • Canadian government scientific research organizations
    Canadian government scientific research organizations
    Expenditures by federal and provincial organizations on scientific research and development accounted for about 10% of all such spending in Canada in 2006...

  • Canadian university scientific research organizations
    Canadian university scientific research organizations
    Expenditures by Canadian universities on scientific research and development accounted for about 40% of all spending on scientific research and development in Canada in 2006....

  • Canadian industrial research and development organizations
    Canadian industrial research and development organizations
    Expenditures by Canadian corporations on research and development accounted for about 50% of all spending on scientific research and development in Canada in 2007....


External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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