collageThe IESEG School of Management is known for its prestigious Master in Management (MIM) program, which boasts a highly competitive acceptance rate of 7.62%. This indicates that the admissions process is rigorous, with only a small percentage of applicants being accepted into the program each year. Prospective students must meet certain criteria in order to be considered for admission into this esteemed program.
In order to be eligible for admission to the IESEG MIM program, applicants must have a GPA above 3.3 on a 4.5 scale. This demonstrates the school’s commitment to academic excellence and ensures that only top-performing students are admitted to the program. Additionally, applicants must hold a bachelor’s degree from a recognized university in any field, along with submitting official transcripts in English.
The admission process at IESEG also requires non-native English speakers to meet specific language proficiency requirements. This includes achieving a minimum score of IELTS Academic 5, TOEFL IBT 85, or Duolingo 115. By setting these standards, IESEG ensures that all students have the necessary language skills to succeed in their studies and contribute to the diverse and vibrant academic community at the school.
| IESEG School of Management Acceptance Rate | Details |
|---|---|
| GPA Requirement | A GPA above 3.3 out of a 4.5 scale is required for admission to the IESEG MIM program. |
| Admission Requirements | Must complete a bachelor’s degree in any field from a recognized university with a qualifying GPA. Transcripts must be in English. Non-native English speakers must meet English proficiency requirements (IELTS Academic 5, TOEFL IBT 85, Duolingo 115). |
| Acceptance Rate | The IESEG MIM program has a highly competitive acceptance rate of 7.62%, making it a selective program. |
IESEG School of Management Rankings
- #3 in International Excellence, 2021 by L’Étudiant-L’Express.
- #3 in General Academic Excellence, 2021 by L’Étudiant-L’Express.
- #4 for Graduate Satisfaction, 2021 by L’Étudiant-L’Express.
- #32 in the Best Masters in Management in the World by Financial Times, 2021.
- #7 in the Best Masters in Management in French Business Schools by Financial Times, 2021.
IESEG School of Management Highlights
| Type of Institute | Grande Ecole, Graduate Business School |
| Establishment Year | 1964 |
| Location | France |
| Application Portal | https://apply.ieseg.fr/ |
| Number Of Campuses | Lille Campus, Paris Campus |
| Official website | https://www.ieseg.fr/en/ |
| Application Fees | Bachelor(Grande Ecole)- 237 USD Master- 166 USD MSc – 118 USD MBA-118 USD |
| Total enrollment | 6100 students |
| Number of International Students | 2600 |
IÉSEG School of Management
IÉSEG School of Management is a top 10 French business school recognized for the excellence of its programs, its internationalization, and the quality of its research, with campuses in both Lille and Paris. It has been accredited by both EQUIS and AACSB. In 2014 IÉSEG ranked 21st worldwide for its Master in Management program by the Financial Times. All its programs are taught in English: Grande École (5-years), MSc (1-year), MBA (1-year), BBA (3-years), short-term summer programs (ECTS credits), and executive education such as an EMBA or tailored programs. French classes are provided to foreign students at all levels –from beginner to advanced.
IÉSEG has a strong international mind set, notably seen in its partnerships with 200+ universities in 50+ countries, and the fact that over 80% of its permanent professors have multicultural backgrounds and experience. The School is made up of nearly 3800 students, 1300 of whom come from outside of France, who have opportunities for international exchanges and internships to enhance their experience at IÉSEG. The School has built solid relationships with over 2500 companies and all students, from bachelor level through masters, can gain work experience through internships. IÉSEG collaborates closely with the largest European research, the French National Centre for Scientific Research (CNRS). It has been recognized as the No 2 business school in France for research.
Are Masters In Business Analytics Worth It?
Masters in Business Analytics are increasingly popular. But is doing an MSBA degree worth the investment?
Thousands of people applied to The University of Hong Kong’s Master of Science in Business Analytics program after its launch in 2017. They were whittled down to packed classes of first 70, then 180 students. This year, HKU expects to fill its class again.
Booming interest in data analytics is a global phenomenon with employers recruiting more data-savvy professionals into senior management roles.
Still, Master in Business Analytics degrees cost money, ranging from $20,000 to close to $100,000 for at top-ranked business schools. HKU’s MSBA program is more affordable, at $42,000 (HK$330,000).
Is doing a Master’s in Business Analytics worth it?
MSBA Salary
Despite the cost of an MSBA program, you can more than make up your investment after graduation. LinkedIn ranked data science as the most promising job in America in 2019, in terms of salary and career progress.
Across the world, the salary prospects for MSBA graduates are good. Dr. Jingqi Wang, program director of the MSc in Business Analytics at HKU, says he’s seen recent grads earn as high as $6,500 per month in Hong Kong—that’s $78,000 annually. Another graduate got offers from an international bank and a major technology company and a starting salary of $58,000 in mainland China.
Job and salary offers differ for candidates of different experience levels. HKU accepts both pre-experience and experienced students onto its MSBA.
The school says those without any prior work experience can expect to land jobs as business analysts, business consultants, social media analysts, market researchers, and decision analysts, after graduation.
Those with several years of work experience, can apply for higher-paying roles as business analytics managers or directors, market intelligence managers, senior consultants, and chief digital officers.
With several years’ experience, people working in business analytics roles can expect to earn up $100,000-plus, not including bonuses. LinkedIn reports that US-based candidates earn median base salaries of $130,000.
HKU students working on a team project
MSBA Employability
Unlike some other university degree programs, if you do an MSBA you’re very likely to get a job after it. That’s because employers today need more people who can both manage data and who understand business.
McKinsey’s skills gap report highlights the need for more data-savvy professionals, but there’s also a skills gap when it comes to softer skills, like teamwork and networking, crucial for careers in business.
“You have business undergrads and MBAs who know the business concepts but don’t know how to do programming or handle data. You also have computer scientists who understand data, but not business. The MSBA gives you both skillsets,” Jingqi explains.
“In China, and globally, more and more companies are looking for talent who can fill this gap.”
Students on Masters in Business Analytics programs therefore go through a range of courses in statistics, decision models, business intelligence and analytics, and learn programming languages like Python and R, combined with courses on business fundamentals like marketing and finance.
MSBA students at HKU conclude their one-year program with a real-world business analytics project, working in teams to solve business challenges faced by companies in Hong Kong and Mainland China.
HKU classroom environment
MSBA vs Online courses
Of course, you can now study analytics and coding online using platforms like Udemy and Coursera, and often for free. So why pay to do it at business school?
While you can get the knowledge from online courses, employers recruit on-campus from business schools. Degrees are widely recognized by employers, and accredited, while online courses are not.
In fact, in the US for example, PwC found that more than a third of data science roles require a master’s degree or a higher qualification.
There are other clear benefits too. “It’s about the campus experience,” Jingqi explains. “If you just take a course online you won’t have access to campus and careers support; you won’t get to meet your classmates and expert faculty members.
“The business school network is a big plus. Even in the long-run when you want to get another job, you have that network to fall back on.”
HKU campus in Hong Kong
So, is it worth it?
MSBA degrees offer significant returns on your investment. Schools also offer scholarships to subsidize the initial costs. Unlike MBA degrees, MSBA programs mostly don’t require prior experience to apply.
Candidates to HKU’s MSBA, for example, need only have a recognized bachelor’s degree in any subject, references, and English language proficiency. A GMAT or GRE score is not required, although favorably considered. The deadline for applications to the September 2020 program is April 3rd.
While in the past business mangers relied on their experience and instinct to make decisions, now they use data.
You can work in business and in analytics without doing a Master’s in Business Analytics, but if you want to advance your career quickly and qualify for the best jobs, pursuing an MSBA degree is worth it.
IESEG School of Management Programs
The school is historically significant for offering bachelor’s and master’s courses through the Grande Ecole Program. The program is conducted within a period of five years. This allows the applicants to pursue a 3-year bachelor program along with a 2-year M.Sc. program. Students can select a specialization of their choice in the master’s program.
The bachelor’s programs are semester based and take 3 years to complete. The students get the opportunity to practice their skills through a couple of interdisciplinary projects in each semester. Bachelor’s programs are focused on modern topics like the environment, artificial intelligence, coding, social responsibility, big data, impact of technology and ethics.
Master’s programs are offered in Lillie and Paris campuses. The master’s cycle has 4 admission sessions for September intake. The duration of the programs vary between 1-2 years. Some of the top master’s programs offered by the school are MBA, International Business, Finance, Business Analytics and Consulting, Banking, Capital Markets and Financial Technology.
IESEG School of Management Application Process
The application results along with the scholarship results are declared within 2 weeks. Once the students are accepted they need to submit an enrollment deposit of 3000 Euro (~2,65,000 INR). The application requirements for the cycle are mentioned below:
Where to apply: IESEG Application Portal.
Application Fees: The application fees for the programs offered by the institute are listed below:
| Program | Application Fees (USD) |
|---|---|
| Bachelor Cycle | 237 |
| Master Cycle | 166 |
| MSc Programs | 118 |
Application requirements: Following are the requirements for applying to the school:
- Online application.
- Transcripts
- LOR (academic as well as extracurricular activities)
- Copy of passport
- Motivation video on Visio Talent website
- For the Grand Ecole, students must also submit undergraduate degree transcripts, recent CV,
- For students who wish to pursue an MSc in any of the programs offered by the IESEG, GRE/ GMAT scores are not mandatory.
IESEG School of Management Campus and Accommodations
The IESEG School of Management has a very diverse environment with 77% of the permanent faculty being international and collaboration with 306 universities from 75 countries. The IESEG School of Management has two campuses: Paris Campus and Lille Campus. Both the Campuses of the IESEG School of Management are equipped with all the modern facilities like computers, meeting rooms, trading rooms and multimedia rooms.
The Lillie Campus has its own library but as part of the Universite Catholique Consortium, the students also get access to the facilities provided by the university which include 13 libraries, sports centers, restaurants, and academic halls. The students also get access to the cafeteria on Lille Campus and five university restaurants.
The Paris Campus of the IESEG School of Management is located in La Defense, which is Europe’s main Business Hub. The Paris Campus has three buildings, a library, and two cafeterias. The students also get access to university restaurants and Libraries. The IESEG School of Management also has over 52 clubs and associations which allow students to pursue their hobbies. The clubs are connected to sports, media, cuisine, humanitar, corporate relations, entertainment and culture.
IESEG School of Management Accommodations
IESEG Campus in Lille has 6 buildings with over 3000 students. The IESEG provides many housing options to students like IESEG residence halls, private residences, private housing, and apartment sharing. The applicants must note that they apply for accommodation as soon as they receive their acceptance letter because the accommodation is on a first come first serve basis. Following are the details of the residence options:
- The estimated cost of housing on the Lille Campus ranges between 400-800 Euro (~35,000-70,000 INR) per month.
- The Lille Campus has a student-run cafeteria and access to five university restaurants. The monthly rent includes internet, dishes, blankets.
- Booking for the 50 apartments offered in two residences starts on August 1.
- The estimated cost of housing on the Paris Campus ranges between 450-1050 Euro (~40,000-90,000 INR) per month.
- There are also several emergency solution accommodation options listed for students who are unable to find any accommodations.
- The IESEG residence halls are managed by Era Cogenord, a real estate agency.
- The official website of IESEG allows students to pre-book their accommodation.
- For private residences, the landlord or the agency might ask for a guarantor. You can send an email to get a list of private landlords associated with IESEG. IESEG cannot be your guarantor.
University Student Residence Halls: Several student residence halls are offered to the international applicants. Students can apply in April/May for the fall semester and September/October for the spring semester. If you are unable to find accommodation in any of the above options, then IESEG provides a list of websites for apartment sharing and individual rooms.
IESEG School of Management Cost of Attendance
The various costs of studying at IESEG School of Management are tabulated below:
| Expense | Monthly Cost in USD |
|---|---|
| Accommodation | 534-950 |
| Food | 237 |
| Transport | 95 |
| Electricity | 53 |
| Phone & Internet | 23-60 |
| Personal | 118 |
| Estimated total cost | 1063-1572 |
IESEG School of Management Scholarships
IESEG provides various scholarships to international students for financing their studies, transportation as well as housing needs. The scholarship provides a waiver of tuition fees of up to 50%.
- The students don’t need to apply separately for these scholarships.
- All the applicants will be assessed subject to certain criteria and the result will be declared along with the admission Decision.
Eiffel Scholarships are extended by the foreign government to international students. These offers funds to students pursuing a master’s or Ph.D. The application for this scholarship must be submitted through the French Higher Education Establishments. The interested students can contact the Admission Office for details regarding the program.
Some of the scholarships offered by IESEG are:
| Name of Scholarship | Eligibility | Amount Covered |
|---|---|---|
| Partner Scholarship | Applicants from worldwide partner Universities of IESEG | 10% tuition fees reduction |
| Early Bird Scholarship | Applications submitted before February 15th | 10% tuition reduction |
| GMAT Scholarships | GMAT Score : 610-640; 650-680; 690-720; 730 or higher | 20% 30% of tuition Reduction 40% 50% |
| Merit-Based Scholarships | Academic Performance, extracurricular activities | Up to 25% reduction |
IESEG School of Management Work-study Programs
The International students can also work during the duration of their programs. For this, the students must be admitted to an institution that is open to the Student Social Security System. The students will need proper identification for the duration of their employment.
The International students are authorized to work for a maximum of 964 hours per year. The International students will be paid a minimum of approximately 9 euro gross per hour. This I help the students in earning some extra income as well as experience for the duration of their studies.
IESEG School of Management Alumni
The IESEG Alumni Network consists of 10,000 members. The former students are now working in the field of marketing, finance, Human Resources and even started their own companies. Some of the notable alumni of IESEG are:
- Richard Arnault- CFO at Haas Gestion
- Delphine Buchot- Senior Client On-boarding Manager (J.P. Morgan Asset Management )
- Kalyani Mudliar – Vice President, Risk Finance and Treasury (Barclays Investment Banking)
- Gonzalo Fernandez Del Castillo Garcia- Senior Retail Manager, France ( Apple Incorporation)
- Nicolas Messio- Marketing Manager, Sales, and Distribution ( Disneyland Paris)
School Overview
IÉSEG School of Management is one of the top Business Schools in France, ranked 7th in France and 31st overall in the Financial Times Masters in Management 2017 ranking.
As a French Grande École and member of the Conférence des Grandes Écoles, IÉSEG is part of the most prestigious higher education institutions in the country. It is also awarded with the international accreditations EQUIS, AACSB and AMBA.
IÉSEG is part of Université Catholique de Lille, which, by its organization, size, infrastructure, resources and quality is very similar to some famous British universities.
Established in 1964 in Lille, the school has a second campus in Paris – La Défense, Europe’s biggest business hub. With its two campuses, the School counts more than 4800 students.
At IÉSEG, students have access to the 5-year Grande École Program: A 3-year Bachelor program covering the fundamentals of management followed by a 2-year MSc program in which the students deepen their management knowledge and choose a specialization. The diploma approved by the French Ministry of Education has also been awarded the grade de Master (Master’s degree).
In addition, IÉSEG offers Bachelor, Post-Graduate and MBA programs entirely taught in English.
More than 80% of IÉSEG’s faculty is international, and the School has a network of more than 281 partner universities in 69 countries.
IÉSEG collaborates closely with the largest institute for basic research in Europe, the French National Centre for Scientific Research (CNRS).
MISSION AND VALUES
IÉSEG is an internationally oriented and highly rigorous school with a strong commitment to social responsibility.
Over a period of 18 months, the whole IÉSEG community (students, academic and administrative staff, alumni, corporate representatives) took part in a deep visioning process to define what the School will be in 2025. This collaborative process was based on a thorough analysis of the School’s strengths, areas for improvement, its roots and values, as well as an identification of future trends in society and higher education.
The new VISION for IÉSEG which emerged from this collaborative effort was:
“In 2025, IÉSEG will be a unique international hub empowering changemakers for a better society”.
The Vision that was determined for the School has provided the foundation for the development of the School’s next strategic plan for 2016 – 2021.
OUR MISSION :
- To educate managers to be inspiring, intercultural and ethical pioneers of change
- To create knowledge that nurtures innovative leaders
- To promote creative solutions for and with responsible organizations
OUR VALUES (SUMMARIZED BY THE ACRONYM ARISE) :
- Accomplishment IÉSEG’s educational mission aims to provide students with the opportunity to go the ‘extra mile’ and achieve great things.
- Responsibility This is a crucial value when educating responsible managers who will run organizations in a complex and global environment while paying particular attention to issues such as corporate social responsibility, sustainable development, ethics and transparency.
- Integrity We expect both students and staff to act ethically in all their personal and professional activities.
- Solidarity No one can perform and fulfill their potential alone. Solidarity (and teamwork) is an increasingly important value both in the workplace and in daily life and is at the core of the School’s mission/activities.
- Engagement The IÉSEG community is fully and collectively committed to achieving the School’s ambitious mission.
THE SCHOOL HAS IDENTIFIED THREE PRINCIPAL AXES TO DEVELOP THIS UNIQUE POSITIONING, TO ACHIEVE ITS MISSION AND ITS OBJECTIVES:
- developing a unique student learning experience
- the international reputation of research
- and the international orientation of the School and its multicultural community
These three principal axes are integrated into a global approach, based on the School’s values, and notably the entire IÉSEG community’s strong sense of responsibility and engagement
Accreditation
IÉSEG and its programs are recognized in France by the French Ministry of Higher Education, Research and Innovation and the Conférence des Grandes Ecoles. This recognition serves as a guarantor for the School’s excellence.IÉSEG holds the “Triple Crown” of international accreditations: EQUIS, AACSB, and AMBA, and is part of a limited circle of the best business schools worldwide (less than 1%). These accreditations certify IÉSEG’s excellence according to very strict international standards.
- EQUIS (European Quality Improvement System)
- AACSB (Association to Advance Collegiate Schools of Business)
- AMBA (Association of MBAs)
- Conférence des Grandes Écoles
IESEG School of Management is a great school to attend if you want to be able to study in a variety of different areas. The fact that they accept students from over 150 countries shows how diverse their student body really is. They offer classes in English and French, so they are very accommodating to international students. The admissions process is also very simple and straightforward.
IESEG School of Management is one of the top business schools in France and has been ranked as such by several different organizations including Forbes Magazine. They have been around for over 100 years, so you can rest assured that they will be around for a long time to come!
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