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| FROM HEC Paris Admissions Blog1: A Taste of Home |
![]() Our Kitchen is a tasty, student-run startup A food-sharing startup is luring hungry HEC Paris MBA students away from the school cafeteria to exotic, home-cooked meals If there’s one thing on-campus students crave, it’s a home-cooked meal. Preferably one prepared by someone else–someone who actually has time to cook–and who knows the flavors of their homeland. ![]() Shir and Siddharth making a delivery That’s why three HEC Paris MBA students—Siddharth Gurnani, Varad Deshpande and Shir Sheftel–created Our Kitchen, an online marketplace that connects home cooks with hungry customers at HEC Paris. The food-sharing platform has already had 165 eager customers subscribe since its January launch. Members log in, choose a mealtime and meal, then anticipate the delivery of tasty, exotic dishes such as Korean Bibimbap spiced with gochujang sauce and hot Aaloo Paratha (stuffed Indian bread) served with melted butter. The startup builds upon an idea that started several years ago within the MBA, in which partners of students occasionally sell homemade lunches. “I participated in one of those events, and everyone wanted to try the food,” Siddharth says. “We started brainstorming, and decided to expand on the idea of just cooking and selling food. We decided to create a platform and work toward a much bigger solution. We’re at a business school, after all, and we have a really good test market, so we went for it.” The co-founders each agreed to kick-in a small amount of money—just enough to create the marketing materials and launch the website—then contacted people they knew who shared their passion for cooking. On the advice of the HEC Entrepreneurship Center, they decided to release the platform quickly, to discover if there was really a market for their product. ![]() Varad cooking an egg breakfast at Expansiel One of the benefits of launching a campus-based startup is the freedom to experiment. Siddarth explains that the project is a pilot, a learning-by-doing experience which, if successful, the co-founders plan to continue after graduation on a much larger scale. “We want to understand what the true pain points are when it comes to cooking,” he says. “What would prevent someone who knows how to cook, who likes to cook, from taking the step of selling their dishes online: Is it prep, is it delivery, or are there other logistical issues like grocery shopping? That’s what we’ve set out to discover.” No matter the final outcome, the startup has already found its success in the stomachs of hungry students. Nearly 600 meals have been sold through the meal-sharing platform since the beginning of the year. The post A Taste of Home appeared first on HEC MBA Blog. |
| FROM HEC Paris Admissions Blog1: Field Visit to Beaune |
![]() HEC Paris MBA students took an exciting field visit to Burgundy, visiting Beaune, a walled village in the center of the winemaking region, and took part in a private tour of the Faiveley wine cellars in Nuit St. Georges. The group included Cristina Harrell, Stephanie Rickards, Barbara Calvi, Antonio Mont’Alverne, Flore Poughon and Julien Perronneau. They were joined by Associate Dean of the MBA Program, Andrea Masini, Affiliate Professor Anne Michaut, an expert in luxury marketing and Adjunct Professor Alain Lorenzo, the former President & CEO LVMH Fragrance Brands. The post Field Visit to Beaune appeared first on HEC MBA Blog. |
| FROM HEC Paris Admissions Blog1: Celebrating Students’ Case Victories |
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HEC Paris MBA students took a lot of victory laps recently, winning top awards in case competitions with other business schools across the world. Here’s a recap of the accolades they earned during the 2016-2017 school year: Thought for Food Challenge, May 2017 ![]() Team Agri Yolo, consisting of students Mamoudou Bocoum, Shir Sheftel, Sathvik Ganesan,Tatiana Ángel and Samijoe Saroufim, at the Thought For Food summit in Amsterdam With an estimated one billion humans already going to bed hungry every night, the Thought for Food Challenge asks participants how to feed the 9 billion people projected to be on the planet in 2050. HEC Paris’ Team Agri Yolo earned their spot among the top 10 finalists–out of 500 entries from 129 countries–by proposing a scalable, interactive platform which unites young investors with local agribusinesses and owners of unused, arable land. Team members Samijoe Saroufim, Tatiana Ángel, Sathvik Ganesan, Mamoudou Bocoum and Shir Sheftel even put their idea through a preliminary stress test: during 10 days, they traveled to Colombia and met with everyone from local farmers to the country’s former Minister of Agriculture and current Director of the Chamber of Commerce to discuss the solution’s feasibility. International Case Competition in Finance, April 2017 ![]() MBA students Antoine Sevrain, Yeojin Yoon, Kjell Ahrens and Daniel Pérez García Showcasing their analytical savvy, four HEC Paris MBA students took second place in the SDA Bocconi School of Management’s International Competition in Finance. As part of the April event, Antoine Sevrain, Yeojin Yoon, Kjell Ahrens and Daniel Pérez García revised a business plan for a medium-sized utility entering the electric car-sharing business. Their calculations for moving the company to cleaner energy beat 18 other competitors, including LBS, ESADE and IE business schools. A.T. Kearney Global Prize Strategy Case Competition, November 2016 ![]() AT Kearney case competition winners Nadège Zambon, Mathieu Mondan, Elias Fares and Alexandre Legeay The A.T. Kearney Global Prize Strategy Case Competition offers participants an intense, real-time window into the consulting world. Competitors are charged with developing the most innovative, actionable and strategic solution for an actual management-consulting case brought to A.T. Kearney. The four HEC Paris MBA students—Nadège Zambon, Elias Fares, Alexandre Legeay and Mathieu Mondan—faced off against nearly 100 teams from 10 schools, including LBS, Insead, SDA Bocconi, Booth and Rotman, to claim top prize. Their proposition brought the client’s annual growth to 15 percent, and overcame many of its operational problems. Mathieu believes teamwork was the key to their success: “It was not four individuals, and I think that made a huge difference,” he explained. Zurich Enterprise Challenge – Project Firefly, October 2016 ![]() Zurich Enterprise Challenge winners Kirill Novyshev, Kumari Aminarta, Arif Nezami and Gaurav Khetan During the 13th annual Zurich Enterprise Challenge, HEC Paris MBA students Arif Nezami, Kumari Aminarta, Gaurav Khetan and Kirill Novyshev beat 80 teams to take first place (joint winners with GIBS Business School) in the global risk-analysis case competition. For the second and third phases of this prestigious challenge, they partnered with Coca Cola Hellenic, a leading Coca Cola bottler in Europe, to analyze a real-world recycling problem. During a period of 5 weeks, the students assessed the financial risks and the opportunities of the Circular Economy guidelines, the European Union’s plan to boost recycling by putting targets on all EU member states. Praised for their creative and easily implemented solution, the team earned 5000 Swiss Francs in October 2016 at the Zurich Global Risk Management Summit in Cannes. The post Celebrating Students’ Case Victories appeared first on HEC Paris MBA News. |
| FROM HEC Paris Admissions Blog1: Traveling to Dubai for a Consulting Club Trek |
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To prove that spending Spring Break on a Consulting Club Trek can be almost as impressive as being on a sandy beach in the French Riviera, we asked two trek participants, Izaan Allugundu and Omar Ramadan, to keep a journal of their week in Dubai. Here’s what they and their 17 classmates experienced during their April visit: Daily Trek Highlights Day 1: Our group’s arrival in Dubai corresponded with the 5th annual gala organized by the local HEC Alumni chapter. We spent the evening on the top floor of the iconic, sail-shaped Burj Al Arab (the world’s only 7-star hotel), meeting with the more than 135 alumni and spouses who attended the lavish event. ![]() Izaan (right) at the gala Day 1, Key Takeaways: What an eye-opening experience to meet personally with HEC’s Arabian Gulf alumni! Gala attendees included everyone from recent graduates to people who had earned their diploma 30 years ago. There were consultants from Boston Consulting Group, A.T. Kearney and Bain, regional sports celebrities, alumni who had founded designer furniture firms, entrepreneurs, and even associates working at the $1Tn national sovereign wealth funds. Day 2: We met with Delta Partners, a telecom, media and digital-focused consulting firm, where we received a very warm welcome from Eudald Pous, an Associate Partner. While Delta Partners is a young, sector-focused firm, its small size means that it’s possible to work on technology projects anywhere around the globe from its Dubai office. Afterward, we headed to Alix Partners’ office, where Managing Director Eugenio Berenga provided a company overview, then invited us for a 2-hour-long aperitivo where we met many of their consultants in a relaxed setting. Day 2, Key Takeaways: Throughout the day, we witnessed firsthand the exciting opportunities of working in smaller consulting firms. Despite their smaller size, these companies work on critical projects across the most important industries in the region. Days 3 and 4: Strategy consultants are not only found at specialized consulting firms; several large industry firms have internal strategy teams. We visited a few of these firms – Emirates, Henkel and Schneider Electric. Each has hired at least one HEC Paris MBA alumni in the past. ![]() Consulting trek participants at Emirates headquarters Days 3 and 4, Key Takeaways: At Emirates, the Senior Vice President and the Vice President of the Internal Strategy discussed how their team helped make Emirates a powerful player in the airline industry. One of our trek participants, Gautam Sharma, received a summer internship offer from them. Day 5: We started the day at Simon-Kucher & Partners, the world’s leading consultancy for pricing policy. Later we moved to EY’s offices, then Monitor Deloitte. ![]() You can see Burj Khalifa, the world’s tallest building, from the meeting room at Monitor Deloitte Day 5, Key Takeaways: We learned that Simon-Kucher recently arrived in the Gulf Cooperation Council (GCC) region and has aggressive plans for expansion. Bonus: Thanks to the trip, our classmate Chaitanya Rachabattuni will join them for a summer internship! EY and Monitor Deloitte are stepping up their management-consulting services, especially in the GCC. Both firms invited all of us to apply in September. Day 6: This was the BIG day where we met the leading consulting-sector firms in the GCC. Managing Chairman & Partner Advisor Jean-Marie Pean, (MBA ’83), greeted us at Bain & Company. He founded the Middle East offices of Bain and we listened in awe as he described his and the company’s journey in the region. He explained how the company has designed government bodies, restructured most of the region’s biggest oil companies and helped manage Trillion Dollar sovereign wealth funds. After Bain, we moved to the Strategy&offices. The firm, formerly Booz & Company, was the first company to set up shop in the GCC in 1993 – 10 years before any other firm. In the early afternoon, we moved to McKinsey. Instead of greeting us at their offices, they met us in a coffee shop. The small-group setting offered an amazing opportunity to form a genuine connection with their consultants. ![]() Visiting A.T. Kearney Our last, but not least, stop was at A.T. Kearney where we met four HEC Paris alumni, including Partner Gael Rouilloux, Manager Naman Sharma, Associate Consultant Augustin Cabrera and Management Consultant Mohamad Yamout, as well as some of their colleagues. Day 6, Key Takeaways: We learned insider information about each firm’s sectors, work environment and organic growth strategy in the GCC region. They also gave personalized feedback and advice for our future applications. In the Evenings Of course, we also made sure our group had plenty of time to bond and had loads of fun in the evenings. Overall, it was a great experience! The post Traveling to Dubai for a Consulting Club Trek appeared first on HEC Paris MBA News. |
| FROM HEC Paris Admissions Blog1: Learning Ethics from a Benedictine Monk |
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At exactly at 12:30 p.m., we began the 6-hour journey from campus to Chomelix, a medieval village of less than 500 inhabitants. My seven MBA colleagues and I were heading to a monastery there, to spend four days grappling with questions of right and wrong during the Ethics and Performance elective offered three times a year by the HEC Paris MBA. The facilitator of this four-day seminar, Father Hugues, greeted us in the traditional way he greets all of the students he hosts: by ceremoniously washing our hands. From the second we arrived until the second we left, this former lawyer and current Benedictine Monk showed us amazing hospitality and made us feel very welcome. I shared with him that his name means South in Russian, and that this was especially poetic due to our long, 500 km journey to south-central France to meet him. The Notre Dame of Sereys Monastery is remote, situated in the middle of the woods with just a few neighboring houses. During the seminar, every day began with breakfast, followed by 1 hour of personal reflection time. At 10 a.m., the group discussions started. After dinner, we dedicated our free time to walking around the monastery’s property and having long discussions that lasted into the night. How often do you get the chance to have a private conversation with a person who manages over 250,000 employees? During one session, we debated the real and very tough ethical decisions faced by Vincent Schürr, the CEO of Invelis. It was amazing to discover some of the dilemmas that he had faced during the 40 years of his fascinating career – none of which I can disclose here due to the confidentiality that we all agreed to at the beginning of the elective. On the third day we talked about the ethical challenges that each of us had already personally encountered in our professional lives. As a group, we looked at past and future dilemmas. Everyone was fully engaged in the conversation thanks to the uniqueness of the topic. We discussed how the business world can confront you with ethical dilemmas caused either by malicious decisions or by innocent human errors; how sometimes you need to choose between a bad solution and a worse one; and how sometimes being a leader means making painful decisions. The last day was the most interesting. We met with Philippe Wahl, CEO of La Poste, and spent the entire morning and lunchtime with him. How often do you get the chance to have a private conversation with a person who manages over 250,000 employees? We flooded him with questions, and he didn’t stop surprising us with his answers. We asked him about his moral and ethical challenges, the issues he faces leading such a large organization, the strategy of a postal company in an instant-electronic-messaging society, his work-life balance, and much more. ![]() And of course, we were in France, which meant four days of fantastic food, cheese and wine. What else could you ask for? Every meal was a celebration of French and regional cooking. My favorite was a Gazpacho starter, followed by duck with mashed potatoes and onions and a salad. A cheese plate was offered at the end, and just as we were about to leave the table we were surprised by a desert of strawberries with whipped cream. Unfortunately, all good things come to an end, and our amazing long weekend in the monastery was over. Father Hugues hosted a goodbye drink for us and walked us to our cars. The only thing that softened the sadness of leaving was the knowledge that we had beautiful scenery to gaze out upon on our way back to Paris. The post Learning Ethics from a Benedictine Monk appeared first on HEC Paris MBA News. |
| FROM HEC Paris Admissions Blog1: Top 10 Films about Paris |
If you’re preparing a visit to the City of Light or planning to do your MBA here, film is a great way to immerse yourself in Parisian culture. Jennifer Wallace, Direct Marketing Manager for the HEC Paris MBA, has a PhD in French cinema, so we asked her to share her top 10 films about Paris:
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| FROM HEC Paris Admissions Blog1: A View from the Top |
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From a young age I have been interested in politics and public representation, but there is a big difference between having an interest in something and actively taking part in it. During the HEC Paris MBA admissions process, one of the alumni interviewing me commented that a number of my essays related to politics. He said that the MBA Council and Clubs would be an excellent opportunity to take part in a mini-version of politics, adding that if I lost, it wouldn’t matter because that is exactly what the MBA encourages: trying things outside of your comfort zone. At the beginning of our MBA, I learned that whenever the Council and Clubs have more than one team running for the leadership positions, there is a full election process that culminates in a presentation in front of all MBA students, followed by a vote. ![]() Running for council president can be like a political campaign This election process was the most daunting part of my entire experience as the MBA Council President. Not only do you have to sell yourself to your cohort, you also feel an enormous responsibility toward your team, wanting to ensure that you pull them to the winner’s circle. Actually being president of the MBA Council is a very different challenge. It is important (and difficult) to have an overall picture of what is happening with 18 separate student-led clubs, and not spend your time caught up in one or two minor issues. You really rely on your team to be proactive and able to run with their initiatives. It is a valuable management lesson to learn that if you try to take everything on yourself you will get snowed under very quickly. The Council gives you great experience in dealing with large organizations and teaches you the importance of building a strong team you can trust. Another aspect that I enjoyed was having a lot more access to the HEC Paris administration. It was reassuring to see the staff and faculty constantly challenging themselves to improve the student experience and the overall standard of the MBA. Looking back, I am so glad that our team ran for MBA Council. We tried to implement ideas from our previous careers and our classes. Some initiatives worked and some didn’t, but we all took away valuable lessons from everything we tried, lessons that I will use far into the future. I would highly recommend the experience to all incoming MBA students. The post A View from the Top appeared first on HEC Paris MBA News. |
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