HEC Lausanne - AbsoluteAstronomy.com

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

University of Lausanne

The University of Lausanne in Lausanne, Switzerland was founded in 1537 as a school of theology, before being made a university in 1890. Today about 12,000 students and 2200 researchers study and work at the university...

. It offers different programs: two Bachelors of Science, six Masters of Science, all integrated to the Bologna System

Bologna process

The purpose of the Bologna Process is the creation of the European Higher Education Area by making academic degree standards and quality assurance standards more comparable and compatible throughout Europe, in particular under the Lisbon Recognition Convention...

, executive MBA programs and PhD programs.

The faculty received the 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...

and 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....

accreditations for the excellency of its teaching and is ranked among the Top 10 Business Schools in Europe for its research according to the ranking published by the University of Texas, Dallas. The Financial Times ranked its Master's program in Management 35th worldwide.

History

In 1537, the Academy of Lausanne is founded as a school of theology. In 1890, the Academy of Lausanne receives the status of University and it is within the Faculty of Law that economics is taught. This period is strongly influenced by Léon Walras

Léon Walras

Marie-Esprit-Léon Walras was a French mathematical economist associated with the creation of the general equilibrium theory.-Life and career:...

(1834-1910), the founder of the Lausanne School

Lausanne School

The Lausanne School of economics, sometimes referred to as the Mathematical School, refers to the neoclassical economics school of thought surrounding Léon Walras and Vilfredo Pareto. The central feature of the Lausanne School was its development of general equilibrium theory...

and creator of the general equilibrium

General equilibrium

General equilibrium theory is a branch of theoretical economics. It seeks to explain the behavior of supply, demand and prices in a whole economy with several or many interacting markets, by seeking to prove that a set of prices exists that will result in an overall equilibrium, hence general...

theory. It is also the time of Vilfredo Pareto

Vilfredo Pareto

Vilfredo Federico Damaso Pareto , born Wilfried Fritz Pareto, was an Italian engineer, sociologist, economist, political scientist and philosopher. He made several important contributions to economics, particularly in the study of income distribution and in the analysis of individuals' choices....

(1848-1923), famous author of the concept of Pareto efficiency

Pareto efficiency

Pareto efficiency, or Pareto optimality, is a concept in economics with applications in engineering and social sciences. The term is named after Vilfredo Pareto, an Italian economist who used the concept in his studies of economic efficiency and income distribution.Given an initial allocation of...

.

On April 15, 1911, the "Ecole des Hautes Etudes Commerciales" (HEC) is founded by Léon Morf and Georges Paillard within the Faculty of Law. The same year, the school welcomes its 12 first students. Léon Morf, professor of management tools, public accounting, and financial mathematics is its first dean, followed by Georges Paillard.

Over the years, professors like Henri Rieben, founder of the first department of European Integration, François Schaller, President of the Bank Council of the Swiss National Bank

Swiss National Bank

The Swiss National Bank is the central bank of Switzerland. It is responsible for Swiss monetary policy and for issuing Swiss franc banknotes.The names of the institution in the four official languages of the country are: ; ; ; ....

from 1986 to 1989, perpetuate the reputation of the school.

The Undergraduate School

HEC's Bachelor program is made up of three modules spread over three years and may be completed within a minimum of three years, not counting possible repeats of the first or second years, and up to a maximum of five. From the summer term of the second year onwards, the course syllabus is made up of two choices, each corresponding to one of the two specialised subjects for which HEC awards its two Bachelors of Science (BSc) Degrees:

BSc in Management
BSc in Economics

The two first years of Bachelor are highly selective. HEC's Bachelor program is open to all holders of a Federal Matura School-Leaving Certificate (Swiss highschool degree) or equivalent.

The Graduate School

HEC Lausanne offers the following Masters of Science (MSc) Degrees:

MSc in Accounting Control and Finance
MSc in Actuarial Science
MSc in Information Systems
MSc in Economics
MSc in Finance
MSc in Management

HEC Lausanne offers also a multidisciplinary Master program in collaboration with the Faculty of Law and Criminal Justice and the School of Criminal Justice of the University of Lausanne:

Master of Law (MLaw) in Legal Issues, Crime and Security of Information Technologies

PhD Programs

HEC Lausanne offers the following doctoral programs (PhD):

PhD in Actuarial Science
PhD in Information Systems
PhD in Economics
PhD in Finance
PhD in Management
PhD in Management
A PhD in management is synonymous with a PhD in business or a business doctorate and is the highest degree awarded in the study of business...
PhD in History of Economic Thought
PhD in Public Administration

Executive MBA

Executive MBA in Management & Finance
Executive MBA in Healthcare Management
Executive MBA in Management of Technology

The Bologna System integration

Since 2005, HEC Lausanne has integrated the Bologna Process

Bologna process

in order to be part of the European higher education area

European Higher Education Area

The European Higher Education Area was launched along with the Bologna Process' decade anniversary, in March 2010, during the Budapest-Vienna Ministerial Conference....

by making academic degree standards and quality assurance standards more comparable and compatible throughout Europe.

Exchange programs

True to its international vocation, the faculty has established, in addition to international agreements of the University of Lausanne

University of Lausanne

, a network of preferred collaborations with many partners. Among the faculty agreements, Socrates-Erasmus agreements, bilateral agreements and academic mobility programs in Switzerland, HEC Lausanne counts more than 90 partner universities.

Among them :

in the USA: Columbia University
Columbia University
Columbia University in the City of New York is a private, Ivy League university in Manhattan, New York City. Columbia is the oldest institution of higher learning in the state of New York, the fifth oldest in the United States, and one of the country's nine Colonial Colleges founded before the...

, Texas A&M University
Texas A&M University
Texas A&M University is a coeducational public research university located in College Station, Texas . It is the flagship institution of the Texas A&M University System. The sixth-largest university in the United States, A&M's enrollment for Fall 2011 was over 50,000 for the first time in school...

, UCLA Anderson School of Management, University of Michigan Ann Arbor
University of Michigan
The University of Michigan is a public research university located in Ann Arbor, Michigan in the United States. It is the state's oldest university and the flagship campus of the University of Michigan...

, Claremont Graduate University
Claremont Graduate University
Claremont Graduate University is a private, all-graduate research university located in Claremont, California, a city east of downtown Los Angeles...

, ...
in Canada: HEC Montréal
HEC Montréal
HEC Montréal , is the independent affiliated business school of the Université de Montréal, and the oldest management School in Canada. It holds accreditations from AACSB, EQUIS and AMBA, one of three schools in North America to hold triple accreditation in management education...

, McGill University
McGill University
Mohammed Fathy is a public research university located in Montreal, Quebec, Canada. The university bears the name of James McGill, a prominent Montreal merchant from Glasgow, Scotland, whose bequest formed the beginning of the university...

, University of British Columbia
University of British Columbia
The University of British Columbia is a public research university. UBC’s two main campuses are situated in Vancouver and in Kelowna in the Okanagan Valley...

, Richard Ivey School of Business
Richard Ivey School of Business
The Richard Ivey School of Business is located on the University of Western Ontario campus in London, Ontario, Canada, and is consistently rated as the top business school in Canada. It is offered, along with a range of other programs, by the University of Western Ontario, but is managed separately...

, ...
in Germany: European Business School
European Business School
The EBS Universität für Wirtschaft und Recht in Wiesbaden and Oestrich-Winkel, Germany, was founded in 1971. The university's activities focus on 3 core areas: undergraduate, postgraduate programs and executive education...

, Freie Universität Berlin, WHU-Otto Beisheim School of Management
WHU-Otto Beisheim School of Management
WHU – Otto Beisheim School of Management is a German business school. The privately financed school was founded in 1984 by the Koblenz chamber of commerce and is located in Vallendar near Koblenz...

, Universität Mannheim, ...
in India: Indian Institute of Management Bangalore
Indian Institute of Management Bangalore
The Indian Institute of Management Bangalore is a business school located in Bengaluru, Karnataka, India. It was established in 1973 by the Government of India, and is the third Indian Institute of Management to be established .It offers several Post Graduate and Doctoral programmes, as well as...
in China: Chinese University of Hong Kong
Chinese University of Hong Kong
The Chinese University of Hong Kong is a research-led university in Hong Kong.CUHK is the only tertiary education institution in Hong Kong with Nobel Prize winners on its faculty, including Chen Ning Yang, James Mirrlees, Robert Alexander Mundell and Charles K. Kao...

, University of Hong Kong (HKU), Peking University
Peking University
Peking University , colloquially known in Chinese as Beida , is a major research university located in Beijing, China, and a member of the C9 League. It is the first established modern national university of China. It was founded as Imperial University of Peking in 1898 as a replacement of the...

, ...
in Switzerland: University of St. Gallen
University of St. Gallen
The University of St. Gallen is a public research university located in St. Gallen, Switzerland. It is specialized in the fields of business administration, economics, law, and international affairs. The University of St. Gallen is also known as HSG, which is an abbreviation of its former German...

, ...
in Italy: Università Commerciale Luigi Bocconi, ...
but also : in France (Sciences Po Paris, ...) ; in South Korea (KAIST
KAIST
KAIST , is located in Daedeok Innopolis, Daejeon, South Korea. KAIST was established by the Korean government in 1971 as the nation's first research oriented science and engineering institution. The QS-The Times World University Rankings in the year of 2009 placed KAIST 69th overall and 21st in...

) ; in Belgium (Université catholique de Louvain
Université catholique de Louvain
The Université catholique de Louvain, sometimes known, especially in Belgium, as UCL, is Belgium's largest French-speaking university. It is located in Louvain-la-Neuve and in Brussels...

, UCL) ; in Norway (Norwegian School of Economics and Business Administration, NHH) ; in the UK (University of Strathclyde
University of Strathclyde
The University of Strathclyde , Glasgow, Scotland, is Glasgow's second university by age, founded in 1796, and receiving its Royal Charter in 1964 as the UK's first technological university...

, ...) ; in Singapore (National University of Singapore
National University of Singapore
The National University of Singapore is Singapore's oldest university. It is the largest university in the country in terms of student enrollment and curriculum offered....

, NUS; Singapore Management University
Singapore Management University
The Singapore Management University was officially incorporated on January 12, 2000, and was Singapore's first private university funded by the government...

, SMU) ; and many more...

Complete list: HEC Lausanne Exchange programs

Research

HEC Lausanne conducts research activities with a very high level of scientific rigor and with industrially relevant contributions. The research units are:

Institute of Tourism (IT)
Institute of Bank & Finance (IBF)
Information Systems Institute (ISI)
Unit of Research in Accounting, Auditing and Finance (URCCF)
Institute of Research in Management (IRM)
Institute of Applied Macroeconomics (Créa)
Institute of Health Economics and Management (IEMS)
Institute of Actuarial Sciences (ISA)
Department of Econometrics and Political Economy (DEEP)

Access the full list of research activities: "keywords list"

Professional services

HEC Lausanne offers consulting services in operation management and management strategies. Under the direction of Suzanne De Treville (dean of the business school), a team of consulting students will analyse the production process of companies in order to give feasible solutions to reduce the manufacturing lead times.

More information can be found on the website of HEC Lausanne

Student organizations

The student organizations are omnipresent at HEC Lausanne and represent a real support to the community. These organizations offer diverse activities to students, linking them to the business environment and giving them the opportunity to get involved during their studies. The organizations represented at HEC Lausanne are:

AIESEC
AIESEC
AIESEC is a global youth organisation that develops leadership capabilities through their internal leadership programmes and engaging students and graduates in international student exchange and internship programmes for profit and non-profit organisations. Its international office is in...

http://www.la.aiesec.ch
Comité des Etudiants HEC http://www.comite.ch
Finance Club http://www.financeclubhec.ch
HEC Espace Entreprise http://www.hec-espace-entreprise.ch
Junior Entreprise HEC http://www.jehec.ch
PhDnet http://www.hec.unil.ch/phdnet
START Lausanne http://www.startlausanne.org

More information can be found on the website of HEC Lausanne

Night life

With its many nightclubs and bars, Lausanne is well-known to be one of the best cities to go out in the country. Almost every week, one of the many student organizations of the University of Lausanne organizes parties in one of the clubs of the city.

Every year is organized the now famous "Bal HEC"http://www.balhec.ch, a party usually held at Lausanne Palace, a five stars hotel in town.

Reputation / Rankings

Accreditation

The faculty received the AMBA

Association of MBAs

and EQUIS

Equis

Accreditations for the excellency of its teaching.

Rankings

HEC Lausanne is considered a top business school internationally known (4 Palms, out of 5) according to Eduniversal

Eduniversal

Eduniversal is a French consulting company and a rating agency specialized in Higher Education. Founded in 1994, one of the main goals of Eduniversal is to provide a tool, for students all around the world, which provides information on the Best Business Schools, located in Eduniversal's 9...

. Among the business schools in its category, HEC Lausanne is ranked as follows:

Period	Switzerland	In Europe	In the World
2010	1st	4th	6th

When considered with all business schools in Switzerland, no matter their category, Eduniversal

Eduniversal

ranked HEC Lausanne as follows:

Year	Switzerland
2010	3rd
2008	3rd

The "Top 100 Business School Research Ranking" of the University of Texas ranked HEC Lausanne among the best European business schools:

Year	Switzerland	In Europe	In the World
2004-2008	1st	9th	112nd
2003-2007	1st	8th	103rd
2002-2006	1st	8th	123rd
2001-2005	1st	14th	149th
2000-2004	1st	20th	186th

The "QS Global 200 Business Schools: The Employers’ Choice" ranked HEC Lausanne among the preferred business schools by the international recruiters:

Year	Switzerland	In Europe
2008/2009	2nd	23rd
2007/2008	3rd	21st

The Financial Times

Financial Times

The Financial Times is an international business newspaper. It is a morning daily newspaper published in London and printed in 24 cities around the world. Its primary rival is the Wall Street Journal, published in New York City....

European Business School Rankings ranked HEC Lausanne as follows:

Period	Switzerland	In Europe
2010	3rd	56th