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Re: HEC Paris MBA Admissions and Related Blogs [#permalink]
FROM HEC Paris Admissions Blog: Alumni Voice: Rowland Marshall


Rowland Marshall, MBA ’16, has degrees in both Electronic Engineering and Information Technology from the Queensland University of Technology. Before joining the HEC Paris MBA, he worked for 10 years in the Medical and Aerospace industries. Rowland is now a Product Manager for the Drone Group at Intel in San Francisco. We caught up with him recently to ask about his MBA experience, his career progression and his thoughts on working in Australia, France and the USA.

Why did you choose the HEC Paris MBA?

I wanted to do an MBA for two reasons: firstly, because my mentors recommended an MBA for my career progression and, after 10 years of work, I wanted a sabbatical to reflect on life and learn something new. As for HEC Paris: I knew I wanted to live in Europe in order to diversify my experiences, and I wanted to have a high-quality learning experience.

I chose HEC Paris based on its academic record, and the diversity of the candidates who attend. I greatly appreciated the opportunity to live with colleagues who came from such diverse backgrounds. This brought a broad set of ideas and opinions to discussions, and made our social exchanges all the more interesting – never underestimate the value of the other students who are experiencing the MBA journey with you!

As an Australian, what did you like most about living in France? 

France is a beautiful, large country with a rich history and culture. The people are very lively and friendly, and know how to both work hard and enjoy life at the same time. In addition, it is a major hub in Europe, making travel to other countries very easy.

What were the highlights of your experience at HEC Paris?

I came to HEC for a strong academic experience, and what I received in return was much more. I underestimated the value of the HEC Paris brand and the opportunity it gives to network within France and Europe. The ability to meet with a broad array of companies and people, and to learn from their experiences was, and continues to be, a wonderful experience.

Here are my top three highlights:

  • The people who participated in the MBA

    HEC Paris attracts like-minded people who are extremely friendly and collaborative. It was a family-like experience, where we all helped and learned from each other. The culture of a school is very important in deciding where to go.
  • The professors and academic experience

    You have to work hard if you want to maximize the value of your MBA. This was made all the more easy and pleasant by an incredible collection of very capable and friendly professors.



  • The environment

    For the first half of the program, I lived on campus, then I moved to the center of Paris. This allowed me to build strong connections with my colleagues, and afterwards experience la vie Parisienne.
How did the MBA help you with your career progression, both during the program and after?

Unlike many colleagues, I undertook an MBA primarily to learn rather than to advance my career. However, the MBA challenged my career plans in a very positive way, giving me the time to explore a variety of opportunities and potential avenues in the job market. While at HEC, I met with people from various backgrounds and levels, from consultants to CFOs, in order to learn from their experiences. Through the MBA coursework, the specialization in Advanced Management, and my classmates, I finally learned how to network effectively, gaining the confidence and skills required to approach people and companies. These skills were critical in securing both my first and second positions after the MBA. Now that I am in the workforce, I feel much more agile and able to move horizontally and vertically within the company and the industry as a whole.

Why do you recommend the MBA degree?

It is a time to take stock of your career, to challenge your assumptions and personal goals, and to broaden your mind academically, culturally and socially. If you have this mind-set, and are ready to work hard, then you will greatly improve both your career and your life. Having said that, I do not recommend an MBA if you are not willing to work. It will challenge you both personally and professionally, and while it is a huge amount of fun, it will shake up your life!

Did HEC Paris prepare you for your role in the largest tech hub in the world?

So far I’ve been in Silicon Valley for just over a year, and I’m still learning and integrating. From a work-culture perspective, it is further away from the Australian experience than I had expected, and further still from the experience I had in France.

I think it is important to think about where you want to work, and to spend time studying the local culture and industry. In this regard, the MBA has prepared me to be better at reading a room, understanding an environment, and adapting to new challenges. From a professional perspective, I am now more confident and better equipped to analyze and negotiate the business environment across the many different divisions that make up a company. All thanks to my time at the HEC Paris MBA!

 
The post Alumni Voice: Rowland Marshall appeared first on HEC Paris MBA News.
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Re: HEC Paris MBA Admissions and Related Blogs [#permalink]
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FROM HEC Paris Admissions Blog: Alumni Project Strives for Social Change in India


In a light-filled warehouse on the outskirts of Bhagalpur, India, Naseem Ansari sits in front of a large wooden loom. In his hands are slender silk threads that he carefully guides through a small wire loop. He will repeat this gesture of filling the heddle hundreds – perhaps thousands – of times before he is ready to move onto the next step. Weaving just this one scarf will take him the entire day.

Like his father and grandfather before him, Naseem is a master handweaver. Until recently, however, he hasn’t been able to support himself with his skill. Despite Naseem’s talent and Bhagalpur’s long history as a weaving city, the industry here has crashed, a victim of too much competition and too many mechanical looms.

Naseem Ansari, one of the weavers at GamcHHa

The good news for Naseem, and for other handweavers like him, is that two HEC Paris MBA alumni are working to revive this traditional art. Project GamcHHa, the brainchild of Amitabh Thakur, MBA ’03, along with two other founders, aims to create a shared value ecosystem by selling handwoven products internationally. By bringing the craftsmanship of the handweavers of Bhagalpur to the forefront once again, they hope to act as agents of social change, providing these artisans with a good standard of living.

“We aim to deliver the highest quality products to consumers,” explains Himanshu Jain, MBA ’18, one of HEC Paris MBA alumni involved in the project. “We want to achieve this while valuing the creativity and craftsmanship of the artisans, and bring back their profession under fair and sustainable conditions.”

Developing the Product
The first step in Project GamcHHa was to create an item worthy of sale on foreign markets. Even though a gamchha is traditionally a cloth made out of cotton, Project GamcHHa’s weavers are fashioning their creations out of silk. “Just to make that change alone was a challenge,” Himanshu says. “We spent the first 24 months concentrating almost entirely on product development. We strove to find the right balance between a soft texture and the strength of the fabric.”

The end result is a velvety, durable scarf made out of Eri silk. This silk, a favorite of Buddhist monks, is known as “the fabric of peace” because it can be harvested without causing any harm to the silkworms.

GamcHHa’s scarves use only natural dyes

Once the silk is gathered and spun into thread, it is dyed using only natural colors derived from the various plants, vegetables and fruits native to the northeastern part of India. GamcHHa’s lovely mustard-colored scarves, for example, are colored by marigold flowers, and the dusty rose textiles get their hue from pomegranates.

With these earth-friendly practices firmly in place, Himanshu then consulted with HEC Paris professors Laurence Lehmann Ortega and Patrick Albaladejo for advice on how to sell GamcHHa’s scarves on the luxury market.

“The product is beautiful,” says Laurence, an affiliate professor of strategy and business policy at HEC Paris. “This is exactly the kind of purposeful luxury products that we need: doing good by buying well.”

Today Project GamcHHa involves just a handful of people. The goal is to eventually employ 50-100 weavers who fabricate 20,000 scarves a year. For the moment, both Amitabh and Himanshu work on Project GamcHHa while pursuing full-time careers in consulting. They hold the social-change project close to their hearts, describing it as the “love and passion of their lives.”

Himanshu Jain and Amitabh Thakur, the two HEC Paris MBA involved in GamcHHa

“Ideally, we’d like to have luxury boutiques across Europe order scarves from us so we can plan our production, have the time to develop new products and build our business gradually,” Himanshu says. Negotiations are also in the works with several of Paris’ luxury houses to carry their products.

The HEC Paris MBA Connection
Despite the 15 years separating their graduation years, these two alumni actually met thanks to the HEC Paris MBA. Amitabh was the alumni who interviewed Himanshu for admission into the degree program. After the interview was finished, the two started talking about entrepreneurship and business ideas, and Project GamcHHa came up.

“Amitabh said to me, ‘I have this idea where we can bring the handweavers back to work’,” Himanshu explains. “I’ve always been passionate about entrepreneurship. The opportunity to be associated with a concept as beautiful as GamcHHa was the best thing that could have happened to me prior to beginning my MBA at HEC Paris.

“Our goal for 20 years down the line is to have the people of Bhagalpur say, ‘Yes, I want to be a weaver, because it’s a respected business, I like the work, and I like the respect that I gain from doing this work’,” Himanshu says.
The post Alumni Project Strives for Social Change in India appeared first on HEC Paris MBA News.
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Re: HEC Paris MBA Admissions and Related Blogs [#permalink]
FROM HEC Paris Admissions Blog: Determined to Create Social Change in India


In a light-filled warehouse on the outskirts of Bhagalpur, India, Naseem Ansari sits in front of a large wooden loom. In his hands are slender silk threads that he carefully guides through a small wire loop. He will repeat this gesture of filling the heddle hundreds – perhaps thousands – of times before he is ready to move onto the next step. Weaving just this one scarf will take him the entire day.

Like his father and grandfather before him, Naseem is a master handweaver. Until recently, however, he hasn’t been able to support himself with his skill. Despite Naseem’s talent and Bhagalpur’s long history as a weaving city, the industry here has crashed, a victim of too much competition and too many mechanical looms.

Naseem Ansari, one of the weavers at GamcHHa

The good news for Naseem, and for other handweavers like him, is that two HEC Paris MBA alumni are working to revive this traditional art. Project GamcHHa, the brainchild of Amitabh Thakur, MBA ’03, along with two other founders, aims to create a shared value ecosystem by selling handwoven products internationally. By bringing the craftsmanship of the handweavers of Bhagalpur to the forefront once again, they hope to act as agents of social change, providing these artisans with a good standard of living.

“We aim to deliver the highest quality products to consumers,” explains Himanshu Jain, MBA ’18, one of HEC Paris MBA alumni involved in the project. “We want to achieve this while valuing the creativity and craftsmanship of the artisans, and bring back their profession under fair and sustainable conditions.”

Developing the Product
The first step in Project GamcHHa was to create an item worthy of sale on foreign markets. Even though a gamchha is traditionally a cloth made out of cotton, Project GamcHHa’s weavers are fashioning their creations out of silk. “Just to make that change alone was a challenge,” Himanshu says. “We spent the first 24 months concentrating almost entirely on product development. We strove to find the right balance between a soft texture and the strength of the fabric.”

The end result is a velvety, durable scarf made out of Eri silk. This silk, a favorite of Buddhist monks, is known as “the fabric of peace” because it can be harvested without causing any harm to the silkworms.

GamcHHa’s scarves use only natural dyes

Once the silk is gathered and spun into thread, it is dyed using only natural colors derived from the various plants, vegetables and fruits native to the northeastern part of India. GamcHHa’s lovely mustard-colored scarves, for example, are colored by marigold flowers, and the dusty rose textiles get their hue from pomegranates.

With these earth-friendly practices firmly in place, Himanshu then consulted with HEC Paris professors Laurence Lehmann Ortega and Patrick Albaladejo for advice on how to sell GamcHHa’s scarves on the luxury market.

“The product is beautiful,” says Laurence, an affiliate professor of strategy and business policy at HEC Paris. “This is exactly the kind of purposeful luxury products that we need: doing good by buying well.”

Today Project GamcHHa involves just a handful of people. The goal is to eventually employ 50-100 weavers who fabricate 20,000 scarves a year. For the moment, both Amitabh and Himanshu work on Project GamcHHa while pursuing full-time careers in consulting. They hold the social-change project close to their hearts, describing it as the “love and passion of their lives.”

Himanshu Jain and Amitabh Thakur, the two HEC Paris MBA involved in GamcHHa

“Ideally, we’d like to have luxury boutiques across Europe order scarves from us so we can plan our production, have the time to develop new products and build our business gradually,” Himanshu says. Negotiations are also in the works with several of Paris’ luxury houses to carry their products.

The HEC Paris MBA Connection
Despite the 15 years separating their graduation years, these two alumni actually met thanks to the HEC Paris MBA. Amitabh was the alumni who interviewed Himanshu for admission into the degree program. After the interview was finished, the two started talking about entrepreneurship and business ideas, and Project GamcHHa came up.

“Amitabh said to me, ‘I have this idea where we can bring the handweavers back to work’,” Himanshu explains. “I’ve always been passionate about entrepreneurship. The opportunity to be associated with a concept as beautiful as GamcHHa was the best thing that could have happened to me prior to beginning my MBA at HEC Paris.

“Our goal for 20 years down the line is to have the people of Bhagalpur say, ‘Yes, I want to be a weaver, because it’s a respected business, I like the work, and I like the respect that I gain from doing this work’,” Himanshu says.
The post Determined to Create Social Change in India appeared first on HEC Paris MBA News.
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Re: HEC Paris MBA Admissions and Related Blogs [#permalink]
FROM HEC Paris Admissions Blog: 3 Crucial Lessons Learned from Swimming the English Channel


There are less than 2,000 people who have swam across the English Channel, and Lucas Carbonaro, MBA ’13, is one of them. The HEC Paris MBA alumnus made his crossing in August in a little over 17 hours.

“It started as a joke,” Lucas explains. “I had swam the Strait of Gibraltar, and a friend said, ‘So next you’ll do the English Channel?’ It’s two-and-a-half times the distance. At the time I thought I never could train for that.”

Just knowing the facts about the English Channel show how impressive a feat it is. Also called La Manche, the 21 mile (33 km) stretch of water separates England and France. It is widely considered one of the most iconic swims by open-water swimmers. To date, more people have successfully climbed Everest (nearly 5,000) then have been able to complete the swim.

What makes a Channel swim so unique is its complexity. The water temperature usually ranges from 13°C to 17°C (hypothermia accounts for many of the unsuccessful attempts) and to be officially recognized it has to be completed without a wetsuit. The swim can take just a little over 7 hours (world record) to nearly 27 hours (the slowest).

While Lucas seriously downplays his accomplishment, saying things like, “What one person can do, another person can do,” the Senior Project Manager for the European Investment Bank did share with us three life lessons he learned from his crossing.

Lucas Carbonaro, MBA ’13, during his 17-hour swim

Lesson 1: Surround yourself with a positive team
Lucas’ words: Swimming the English Channel is not a one-man show. I couldn’t have made the crossing without the full support of my family, or without surrounding myself with people who share my passion.

My holidays, my weekdays and my weekends were all affected: training took lots of my personal time and required lots of patience from my fiancée, Maria Narusova (also an HEC Paris MBA graduate). Last July, I spent a week in Ireland training at a cold-water swimming camp, then I spent another week in Corsica to swim across the Bonifacio Strait (between Corsica and Sardinia). During the last 6 months, I had to find swimming pools everywhere I travelled: Paris, Moscow and Venice. My weekdays often started as early as 5 a.m. to fit in a 3-hour training session.

Being part of a like-minded community was essential for me. Some of those early morning swims wouldn’t have happened if I didn’t have training partners to hold me accountable and motivate me to wake up so early. I met dozens of English Channel swimmers at the Irish swimming camp. Hearing about their experiences and witnessing their attitude towards the swim reassured me and helped to “demystify” the crossing, to show me that it’s doable.

On the day of the swim, I had the support of a six-person boat crew: 2 pilots, 1 observer from the Channel Swimming Association, 2 support swimmers and my fiancée. I fully relied on the pilots’ experience in terms of tides and currents.  The support swimmers jumped into the water a few times to help me keep pace. Maria and my other team members closely monitored my food and liquid intake, passed on messages of support from friends and family, and generally kept checking on me to make sure I was still feeling good. The six of them stayed on the small boat for more than 20 hours straight. Luckily for all of us, the weather was good.

Lesson 2: Create a plan and stick to it
This screenshot of Lucas’ tracker shows the path he took across the channel

Lucas’ words: The funny thing is that I am quite an average swimmer. That said, I have been active all my life, playing rugby during grade school and later at university, then taking up running and completing a few triathlons, including three full-distance Ironman competitions.

When it comes to swimming, I started practicing the sport regularly only few years ago. Consistent practice and setting small goals created the “domino effect:” a reaction in which the cumulative effect produced by one event sets off a chain of events. In my case, I went from swimming in a pool to crossing the Strait of Messina (3 km between Sicily and mainland Italy), then to crossing Gibraltar (14 km between Morocco and Spain) and finally the English Channel (33 km).

Crossing the Strait of Messina became a summer habit from 2011 onwards (I am half Sicilian and half Scottish and I go every summer to Sicily for my holidays). One summer I crossed it two ways (6 km) and wanted to challenge myself further. In 2014, I crossed Gibraltar. In 2015, I unsuccessfully attempted the English Channel – I stopped after 13 hours at roughly two-thirds of the distance.

After each milestone, I set another goal that was ambitious but achievable.

Lesson 3: Realize that we are much stronger than we believe
Lucas’ words: People say that if you have properly trained for La Manche, the challenge on the day of your swim is 80 percent mental and 20 percent physical.

It’s very easy to fall into the trap of self-limiting beliefs by saying, “I will never be able to do that,” and I did have so many moments of doubt. The first time I swam in cold water (less than 10 degrees), I only lasted 20 minutes. That’s after spending another 20 minutes beforehand on shore convincing myself to enter the water. Training after training, one step at a time, I managed to spend longer in the cold water and be able to exit the sea feeling cool but without shivering. Still, it was difficult to believe that eventually I would manage one day to swim 17 hours straight in cold water.

As much as hard work and having a plan are important, mental strength is often a decisive factor in any endurance event.  Seventeen + hours of swimming through the night and the day, embracing the pain as part of experience, without stopping or even touching the boat, was definitely one of the major physical and mental challenges I have experienced. I am grateful for the body and mind I have, and I keep being surprised by how “flexible” my limits are.

In the end, what I definitely realized is you can really achieve whatever it is you set your mind to do.
The post 3 Crucial Lessons Learned from Swimming the English Channel appeared first on HEC Paris MBA News.
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Re: HEC Paris MBA Admissions and Related Blogs [#permalink]
FROM HEC Paris Admissions Blog: HEC Paris MBA Students Earn Top Prize in Fintech Producthon


Despite all the buzz surrounding contactless cards, mobile wallets and other types of electronic payments, Europeans remain deeply enamored by cold, hard cash. Considering that a whopping $3,600,000,000,000 of transactions in Europe used physical money last year, this love affair seems unlikely to change anytime soon.

Teams worked through the night on their Fintech products

That’s where Fintech Producthon 2018 comes in. Sponsored by HEC Paris and Mastercard, last week’s event enabled 90 students to take a deep dive into the world of Fintech. Their mission: develop a user-friendly product to replace cash transactions.

“I wanted a way of encouraging innovation among students without following a fixed agenda,” explains HEC Paris MBA student Ziv Ilan, MBA ’19, an event organizer. “This event gave participants a hands-on opportunity to explore a domain that is highly relevant to the worlds of entrepreneurship, finance and technology.”

Designed as a 24-hour hackathon, the 15 teams from the HEC Paris MBA, the HEC Paris’ Grand Ecole and Masters programs, and ESSEC Business School huddled in rooms throughout the S Building brainstorming their ideas. Mentors from Mastercard and MiTrust circled around, guaranteeing that each team addressed the issues of trust, privacy and government regulation that have kept the public from adapting electronic forms of payment.

HEC Paris MBA student Ziv Ilan introduces the Fintech judges Pierre Lahbabi (left) and Julien Fierobe (right).

In the end, each team had three minutes to pitch their solution. The judges were Julien Fierobe, Director of Business Development at Mastercard, and Pierre Lahbabi, Cofounder and COO of MiTrust.

Emerging as victors were HEC Paris MBA students Warren Prabhu, Kunal Bhagi, Pakasai Ploysangsai and Dominique Christiansen, otherwise known as Team Bumblebee. Their proposal offered a unique way of making offline e-commerce purchases. Second place went to Phoenix, a team from ESSEC that used secured biometric identification for purchases. Team FinHEC, made up of HEC Paris MBA students Deepa Srinivasan, Corey Leung, Cody Overstreet, Ruben Miranda and Aditya Roy earned third place with their idea to leverage the familiarity of the Navigo card (Paris’ monthly transportation pass) by extending its purchasing power to online and store purchases.

The winning team earned €3000 in prize money. All three teams will also pitch their ideas at the Mastercard Innovation Forum in November, where they will compete for a grand prize of €10,000.

With these teams’ great proposals, there is every reason to believe that a cashless society is in Europe’s near future.

#HECProducthon
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FROM HEC Paris Admissions Blog: Immersed in Consulting in the Middle East


Spring marks a much-awaited moment for consulting aficionados: the HEC Paris MBA’s consulting trek to Dubai. With a specific focus on the area’s largest firms, the annual voyage offers a unique opportunity to be immersed in the Middle East’s strategy consulting world.

This year was no exception. Upon wrapping up core term exams, 24 MBA students, accompanied by Mathieu Chausset, the Career Center’s consulting specialist, embarked on the 4-day trek.

MBAs at Emirates

Day 1: Our first company visit was with Monitor Deloitte, where we met senior consultants and talent-management professionals. We then journeyed to Schneider Electric’s strategy unit, and were greeted by the head of the Dubai office. During both visits, company presentations were followed by Q&A sessions, teaching us about the biggest driver of the area’s consulting projects: the Saudi Arabia National Transformation Program 2020.

Day 2: Thursday is the busiest recruitment day in Dubai, since consultants are back in the office following their weekly travels. We kicked off the day in Bain’s offices in the Dubai Media City. In addition to the office’s unmatched views of the Gulf, the space had recently been redesigned to encourage teamwork and collaboration. We learned about Bain’s inception in the Middle East and its core sectors, and met with Eric Beranger, MBA’02,  Antonio Linardi, Anouar El Ibrahimi, MBA ’18, and Othmane Khelil, MBA ’17.

Bain knows how to welcome HEC Paris students

Afterward, we headed to the Dubai International Finance Centre (DIFC) to be introduced to the HR team of McKinsey. Immediately after lunch, we stopped at Strategy& and met one of their partners and several HEC alumni. We learned that Strategy& was the first consulting firm in the region, establishing its presence in 1993!

Last but not least, we met partners Laurent Viviez, Sean Wheeler and Gael Rouilloux, MBA ’05, in AT Kearney Dubai’s newly renovated space. It was exciting to see the number of HEC Paris MBA alumni working for the company. We networked with Sauvik Tegta, Ashish Singhal, Uliana Schepelina and Sheldon D’Souza. We also greeted Bassam Ben Ghozlen, MBA ’18, who had attended the Dubai trek the year prior and who had just started as a consultant.

Day 3: Boyden Executive Search’sfounder provided us with a fascinating presentation of the state of affairs in Dubai and the Middle East and the current trends in the consulting market.

Inside Schneider Electric’s Dubai office

Our second meeting that day was at the Dubai Design district with Simon Kucher & Partners, a consulting firm focused on strategy and marketing. We participated in business cases and learned about their unique approach focusing on revenues and profits to generate top and bottom line growth strategies.

We ended the day back at the DIFC with Alix Partners, where we learned about their work on operational-efficiency improvement.

Day 4: We visited Emirates at the Emirates Headquarters, which is located adjacent to the world’s busiest airport (as measured by international passenger traffic). To reach their office, we walked among airline crews reporting for duty. Once there, we learned about the intriguing operational and strategy opportunities and threats that the Emirates strategy team has to tackle as the world’s largest airline. We also met senior management including Christoph Mueller (former CEO ofMalaysia Airlines & Aer Lingus), Sheila Nazareth (Head of Internal Consulting) and Abdulaziz Al Ali (EVP of Human Resources). Thanks to HEC Paris alumna Vanshi Kotru, MBA ’12, for organizing such an inspirational visit!

Our second meeting of the day was with Arthur D Little, where we were given a tour of their growing office by an HEC Paris MBA alumni who had just joined in January. We then attended a presentation, which was followed by refreshments and networking with several HEC alums. The company also shared an internship opportunity exclusively open to trek attendees.

Our final meeting of the week was with Delta Partners, an advisory and investment firm specialized in telecoms, media and technology. We met with their young and dynamic team who shared a day-to-day breakdown of their routine.

Weekend and Evenings
Of course, we also spent time bonding with classmates. We organized dinners together, visited Ferrari World in Abu Dhabi, had fun at Jumeirah Beach in front of the Burj Al Arab (the world’s only 7 star hotel), and drinks at At.mosphere on the 122nd floor of the world’s tallest building, the Burj Khalifa. What a week it was!

Networking with Alumni
We concluded the trek with a cocktail hour at the Ritz Carlton Hotel hosted by the HEC GCC Alumni Committee’s President, Mehdi El Amine Fichtali. It was a wonderful opportunity to network informally with numerous HEC Paris alumni and spend even more time in this fascinating region of the world.
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FROM HEC Paris Admissions Blog: HEC Paris MBA Forges Links in Latin America


Rugby wasn’t always a popular sport in Santiago de Machaca. Just two years ago, most of the 4,000 inhabitants of this remote Bolivian village had never even watched a match, much less played in one. The town’s playing field sat empty, its synthetic grass dusty and unkempt. Children raced to school, but didn’t have much to do once classes ended.

All that changed thanks to Jean Fontayne. The physical education teacher knew the advantages of teaching the village children to play rugby. His idea: create a cultural exchange between France and Bolivia through sport. “Everyone works together in rugby, and there are no ‘stars’ on the team,” Jean says. “Some of the key things you learn: confidence in your teammates, compromise, responsibility, even honor.”

Jean Fontayne (left) and the other Anatanani volunteers are pictured wearing T-shirts donated by the HEC Paris MBA.

As a sports educator born in Bolivia but raised in France, Jean had come to this altiplano village in 2016 to discover his roots. During his lengthy visit, he realized he could make a difference in the lives of the village children. Though kids under 17 years old make up over half of Santiago de Machaca’s population, there were no after-school or weekend activities for them. Searching for the best way to create change, Jean contacted Macha’k Wayra, a Bolivian association working to improve the living conditions of local families.

Together, Jean and Macha’K Wayra etched out a humanitarian project for the village. Plans included a new community center and after-school projects such as music, painting and cooking. As someone who’d played rugby since he was 5 years old, Jean added rugby into the mix, knowing regular practices and tournaments would allow the village’s boys and girls to build their self-confidence and make new friends from other regions.

Local children enjoying their time playing rugby

Along the way, Jean’s project has found an outpouring of support. The HEC Paris MBA donated 100 rugby shirts specifically made for the village teams. The French Rugby Federation provided all the equipment – from balls to shin guards – needed to play. Jean’s legally registered nonprofit association, Anatanani, is working in France to raise money and bring volunteers for cultural exchanges between the two countries.

The results have been remarkable. Jean’s first rugby tournament, organized in May 2017, marks the first-ever tournament in Bolivia for children under 13 years old. Teams from Catacora and La Paz travelled to Santiago de Machaca to play. In total, 80 boys and girls participated. And although the village teams didn’t win the tournament, a love of the sport took hold.

Since then, Jean has organized two more tournaments in the country. As a result, many of the villagers have travelled to La Paz, the regional capital, for the first time. Families from different Bolivian towns met each other, swapping stories around a traditional shared feast called an Apthapi. The village children are undoubtedly getting better at the sport, even beating the Franco-Bolivian Lycée’s teams from La Paz in the last tournament.

Jean Fontayne with the children during a TV interview in Bolivia

Through the Anatanani association, volunteers are helping out in Santiago de Machaca. One recent gathering had French volunteers and Bolivian villagers singing each other’s songs, tasting each other’s traditional recipes and learning words from the other’s languages. Jean is encouraging young rugby players from the two countries to write letters to each other, expanding their views of the world.

As Jean explains, “There’s really no better spirit to meet new people than in the spirit that surrounds sport.”
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FROM HEC Paris Admissions Blog: 7 Things We Love in Versailles


It is impossible to resist Versailles, a city steeped in history that attracts almost 10 million visitors each year. Just a short train ride away from HEC Paris, the RER C line not only takes you to Versailles in 10 minutes, it also transports you back to the 18th century. With its carriages decorated to look like rooms of the Versailles Chateau, you will feel as if you are sitting beside Marie Antoinette herself. Here is a list of must-dos and hidden gems that are favorites among HEC staff and students.

[b]1 Chateau de Versailles[/b]

Within the Hall of Mirrors

There is a reason the Chateau is number one on this list. Get lost in the endless rooms filled with exquisite paintings and handcrafted furniture, and make sure to pick up the free audio guide not to miss details such as how the King never slept in his own bed!

Must-sees around the palace are the Hall of Mirrors, where you get a taste of the residents’ decadent lifestyles (it is also where the Treaty of Versailles was signed in 1918 ending World War I), and the Hameau de la Reine, a rustic hamlet used by Marie Antoinette to escape the burdens of court life.

Good news for EU residents under 26.  Access to the Chateau is free for you all year round.  The Chateau is also free on the first Sunday of every month between November and March. Otherwise, tickets start at 12€. If you want to beat the (often lengthy) queues, we recommend booking your tickets in advance.

If the decadent lifestyle of the bourgeois captures your heart, attend the chateau’s annual Grand Masquerade Ball. Sip champagne dressed in petticoats and powdered wigs and you’ll understand why court life was so decadent. See photos from the 2018 ball here.

Raspberry tarts

2 Patisseries

If Marie Antoinette’s famous words “qu’ils mangent de la brioche” (“let them eat cake”) are ringing in your ears as you leave the chateau, there are numerous patisseries in the city to satisfy your sweet tooth.

Angelina’s in the chateau gardens offers an indulgent choice of pastries and desserts. Make sure to try the hot chocolate, which was first introduced in France at the wedding of Louis XIII in 1615. The chateau also boasts a mini Ladurée, world famous for its macarons.

Venturing outside of the chateau you’ll find the best millefeuilles and eclairs at Gaulupeau, or stop by Aux Pains de la Ferme for something savoury.

[b]3 Marché de Notre Dame[/b]

Notre Dame fresh food market

If the tearooms don’t tickle your fancy, head to the Marché de Notre Dame. There you can buy incredibly fresh produce that’s perfect for a picnic at the chateau’s gardens. First established by Louis XIII in 1634, the market has played a significant role in the city for centuries. You will find stalls overflowing with everything from cheese to fish to flowers.

4 Gardens of Versailles

With picnic firmly in hand, head to the gardens of Versailles. With some 800 hectares of land, there are plenty of beautiful fountains, sculptures and hidden corners to keep you entertained for hours. If you haven’t brought your walking shoes, consider renting a bike (from 6.50€) or a golf cart (from 34€) to cross the grounds. If you prefer a more leisurely pace, boats are available to hire from 13€ –but be sure to bring a friend to help with the rowing! The gardens are free to enter year around except during shows such as the Musical Fountains Show and Musical Gardens Show.

5 Fireworks at the Chateau

On Saturdays throughout the summer and into September, the Musical Fountain Show is held during daylight hours, followed by a glorious fireworks display that can be heard all the way from HEC Paris. Watch the lights dance in the fountains in time to music then the fireworks light up the sky above the chateau.

6 Performances during “Le Mois Molière”

During the month of June, theatre performances take place in various spaces throughout Versailles. With over 300 performances covering different genres and aimed at all age groups, you are sure to find a performance to make you laugh (or cry!).

If theater doesn’t call out to you, the Centre de Musique Baroque organises free musical events every Thursday in the Royal Chapel of the Chateau de Versailles. Each Thursday is a different theme.

7 Eating Out

Gordon Ramsay restaurant

After exploring Versailles all day, there is nowhere better for sophisticated French dining than the Michelin-starred Gordon Ramsay au Trianon. Celebrating? Try the elegant seven-course prestige menu carefully selected by Ramsay and his executive chef Frederic Larquemin–but make sure to reserve early!

La Table du 11 also boasts an exquisite five- or seven-course tasting menu in the evening with each course presented more beautifully than the last.

A la Ferme, another gem of Versailles, offers authentic and delicious French cooking in a rustically styled restaurant, perfect after a long day of walking around the Gardens and exploring the markets.

Versailles has much to offer, no matter the budget, making it the perfect weekend escape. The Chateau also offers a One Year in Versailles Card which, for only 50€, gives you a year of access to the estate, all temporary exhibitions, and discounts for many of the things included in this article such as 7% off at Angelina’s and 20% of boat hire. Make the most of this beautiful city that is right on your doorstep!
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FROM HEC Paris Admissions Blog: The Greatest Manager of the Past 100 Years


If you had to name the greatest manager of the past 100 years, who would you choose? For student Margaret Hoffecker, HEC Paris MBA Class of 2019, the answer was easy: Eryn Taylor.

If you don’t immediately recognize Eryn’s name from a recent Forbes World Billionaire List, you’re not alone. In explaining her choice, Margaret says that there is “no way to know if a manager is truly great unless you were managed by them.” As a result, she nominated Eryn, who was her supervisor at Ketchum communications consultancy.

Margaret’s choice wowed journalists Andrew Hill and Helen Barrett, who chose her essay as one of two winners in the Financial Times’ Business School Management Challenge (the other winner named Stanley Kubrick). For her prize, Margaret receives an all-access ticket to the Global Peter Drucker Forum taking place in Vienna in November.

In her winning essay, which had to be 200 words or less, Margaret wrote, “Eryn challenged me to want more out of my job and chase my dreams to move from New York to London. She advocated on my behalf when I needed senior support to make that move happen. She wrote my reference letter for HEC Paris, helping me go after an MBA and supporting me throughout. She has inspired me with her risk taking, leaving our previous company to try something completely new.”

Huge congratulations to Margaret and to Eryn!
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FROM HEC Paris Admissions Blog: The Greatest Manager of the Past 100 Years


If you had to name the greatest manager of the past 100 years, who would you choose? For student Margaret Hoffecker, HEC Paris MBA Class of 2019, the answer was easy: Eryn Taylor.

If you don’t immediately recognize Eryn’s name from a recent Forbes World Billionaire List, you’re not alone. In explaining her choice, Margaret says that there is “no way to know if a manager is truly great unless you were managed by them.” As a result, she nominated Eryn, who was her supervisor at Ketchum communications consultancy.

Margaret’s choice wowed journalists Andrew Hill and Helen Barrett, who chose her essay as one of two winners in the Financial Times’ Business School Management Challenge (the other winner named Stanley Kubrick). For her prize, Margaret receives an all-access ticket to the Global Peter Drucker Forum taking place in Vienna in November.

In her winning essay, which had to be 200 words or less, Margaret wrote, “Eryn challenged me to want more out of my job and chase my dreams to move from New York to London. She advocated on my behalf when I needed senior support to make that move happen. She wrote my reference letter for HEC Paris, helping me go after an MBA and supporting me throughout. She has inspired me with her risk taking, leaving our previous company to try something completely new.”

Huge congratulations to Margaret and to Eryn!
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FROM HEC Paris Admissions Blog: Sailing on the Italian Riviera


Staged annually at Santa Margherita Ligure, the SDA Bocconi Conference & Regatta is the sailing event of the year for MBAs. For the 2018 edition, the Italian school hosted 25 of the most prestigious institutions from North America, Europe and Asia. The event was my third time sailing, but the first time I’ve participated in such a prestigious and fun competition. The too-short weekend included sailing in the morning, afternoons spent swimming in the warm Italian waters, and nights full of well-thought-out dinners and parties.

What amazes me the most is that the regatta is for both current MBAs and alumni. It’s a relief to know I will be able to sail once a year with my HEC friends even after we have graduated. Furthermore, I now understand how an event can bring the MBA world together: NYU, LBS, IMD – you name it, they all attend. And representing the HEC Paris MBA, three boats competing in two different categories. We were a mix of alumni, S17s, J18s, and S18s like me. My boat’s skipper was Yaroslav Karulin, class of 2013.

fremThe MBA’s together on the boat

Check-in took place on Thursday morning, and we immediately started practicing for Friday’s competition. After several hours, we set anchor in front of Baia di Paraggi, our after-race meeting point for the next two days. It is the perfect venue to start meeting the other teams. Later, when the sun set, we dressed for the first party: an Aperol Spritz-sponsored dinner at one of Santa Margherita’s main attractions: Villa Durazzo, surrounded by its 19th-century romantic-style gardens.

The first race took place early Friday morning. All the boats competed even if the wind was not ideal. We didn’t perform as well as we wanted the first time and, to be honest, not the second either, but we still had Saturday morning to try for victory. Even after realizing all the tucking didn’t pay off, we were still looking forward to that evening’s activities, which consisted of a visit to beautiful Portofino and an afterparty at the MBA Village.

Saturday the boats from the offshore and cruise categories sailed for the last time. ESADE and Bocconi won the regatta, which gives me even more reasons to return next year and put HEC Paris on top of the list.

Attending the black-tie gala

Later, around 4 p.m., we set anchor next to all the other boats. If you go swimming next to everyone else, you lose track of time getting invited to other ships for a chat and a drink. However, that day we needed extra time to get ready for the black-tie gala at La Cervara. For me this was the best night. Everything was perfect: the food, the wine, the venue and, of course, the looks.

Overall, I’m very happy that I had the chance to participate in this regatta. People and schools from around the world, with an MBA in common. I’m also very glad to have spent a weekend with HEC students from other intakes, whom I can now call friends. Lastly, since I will be the Vice-President of Activities for the HEC Paris MBAT’s Core Team, I got a lot of ideas from the regatta about how to successfully host a multi-school event. The trip for me wasn’t just fun then, but also what I call a “research trip to the Italian Riviera.”

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FROM HEC Paris Admissions Blog: HEC Paris MBA Students win €10,000 FinTech Challenge


From language barriers, to finding accommodation, to sorting out finances: these are just some of the major issues that need to be tackled when migrating to another country. With an estimated 258 million international migrants worldwide, the displacement crisis is a prevalent issue for many countries.

It was with this problem in mind that five HEC Paris MBA students, Nefé Etomi, Eduardo Ortiz, Prabhu Awasthi, Alexandre Marc and Edgar Ochoa (all Class of 2020), created Le Projet Suré, an idea that secured them the win and €10,000 at the Payments-4-Good Challenge held during last month’s MasterCard Innovation Forum.

Six HEC Paris teams entered the competition after getting through the first round at the FinTech Producthon 2018 earlier this year. Their final challenge: create a for-profit FinTech project that would improve the lives of a community of 100,000 people. After several weeks of preparation, the teams gathered in Paris to present their ideas. Le Projet Suré impressed the judges and won the gold.

But how did Le Projet Suré team members come up with their winning idea? Originating from Mexico and Venezuela respectively, Eduardo and Edgar know firsthand just how pressing an issue the displacement crisis is. “These people are in very difficult situations and we wanted to create something that would ease their pain,” explains Edgar.

“We designed an inclusive FinTech solution to provide migrants with a secure identity, a safer alternative to carrying cash, and access to job opportunities,” summarizes Eduardo. Their solution also lets friends and family quickly send money in case of emergencies.

The team is due to meet with MasterCard to discuss the future of Le Projet Suré later this month.
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FROM HEC Paris Admissions Blog: Alumni Voice: Carlos Sadovnik


Not only has the MBA helped Carlos Sadovnik, MBA ’17, land a place in the coveted Corporate Development Programme at a top-ranking firm, Liberty Mutual, it also gave him the chance to make lifelong friends and explore Europe during his time at HEC Paris. We recently caught up with him to find out a little more about his HEC experience.

What made you decide to pursue an MBA at HEC Paris?

I was working at Nestlé and they gave me the opportunity to work in the financial side of marketing in one of their businesses. It was very eye opening as all the people in marketing only thought about marketing and all the people in finance only thought about finance. I realized that I needed something that could help me understand the company as a whole. That was when I started thinking about an MBA. With its emphasis in marketing, my first choice was always HEC Paris.

Looking back at your time here, what did you like the best?

For the first half of the program, I stayed on campus in Expansiel. It was incredible. The sense of community that I experienced living on campus was amazing. You bond with so many different people. I made a really good group of friends and we really feel that we are friends for life.

During the second half, I had a lot of free time. I moved to Paris with my best friend from the MBA so I had the chance to really get to know the city – it was so beautiful in the spring! And, of course, the food is incredible.

I loved my time, not only in France but also in Europe. It’s so easy to travel to different places.  Every long weekend that I had, I was travelling outside of France. I got to know a lot of places that you wouldn’t normally see on a classic European trip, such as Lithuania.

What happened after you finished the MBA?

I’m Colombian. I love my country and I love living in my country. After I finished the MBA, I first visited my mom who lives in Miami, and when I arrived back in Bogotá in January I had my first job offer. In April, I got an offer from Liberty Mutual to participate in their two-year, rotational Corporate Development Programme.

How has the MBA prepared you for your role at Liberty Mutual?

Thanks to the MBA, I’m now more aware of how a company works in a holistic way. I’m not just the finance guy; I now understand how my decisions impact other areas, and how they all link together. The MBA also helped me learn how to build relationships within the company and how to ask for feedback. Sometimes I just stop thinking and I take a step back and say, “OK, let’s think about how we do this as a team.” It has been a very valuable skill for me.

I’m currently in Boston, working at Liberty Mutual headquarters, learning about what it takes it work in a high-ranking position. My time at HEC gave me lots of skills that I use in my position. For example, I was a member of the MBA’s Marketing Club, which allowed me to speak to a lot of people that are interested in the field. After finishing the programme and its 6-month rotations in Bogota and Boston, I hope to be in a managerial role in Colombia.

What advice would you give to a current MBA student?

The MBA is not only about studying, it’s also about getting to know a lot of different people whom you wouldn’t otherwise get the chance to meet. You get to bond with people from very different cultures. So my advice is go networking, go and learn about other cultures, work with people from other cultures, and give 120% in your classes. Do that and you’ll get the most out of your experience.
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FROM HEC Paris Admissions Blog: HEC Paris’ First Annual Luxury Conference


The HEC Paris MBA Luxury Club held the First Annual Luxury Conference at the HEC Alumni Headquarters in Paris in November.

Joëlle de Montgolfier, EMEA Senior Director for Bain & Company’s Consumer Products, Retail and Luxury, started the day with a presentation of the consultancy’s 2018 Luxury Report, followed by a fascinating panel discussion on Retail’s Evolution with Arnaud Ameline (Christian Dior Couture), Elodie Barbé (The Kooples) and Pascal Charneau (Customer Touch).

Digital Transformation was a large focus as it is central to developments in the industry. As well as impacting existing heritage brands, digital trends are giving rise to a number of new initiatives and start-ups. Thought-provoking insights were presented by Frédéric Arnold (Moët Hennessy), Audrey DePraeter-Montacel (Accenture), Coralie de Fontenay (Luxury Next) and Perrine Corvaisier (Human Learning eXpedition).

Jean Revis (MAD Network) and Luisa Munaretto (Brands & Beyond) discussed changing frontiers of the Luxury industry from a consumer and investment perspective. The formal presentations concluded with Kering Sustainability Operations Director Michael Beutler conversing with HEC Paris Luxury Club President Teejana Beenessreesingh about issues of environmentalism and sustainability in the industry.

The conference was an intimate event with 70 attendees joining from HEC Paris, Bocconi, INSEAD and ESSEC, alongside industry leaders. Guests had the opportunity to make valuable connections over lunch and during a wine tasting.

The event was a huge success, bringing together notable talents from the Luxury industry alongside future leaders from top business schools. It provided an excellent opportunity to reinforce relationships between HEC Paris, alumni and friends.
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FROM HEC Paris Admissions Blog: Forging a Career that Brings Science and Business Together


Swapna Kondapuram (MBA.11) has held prestigious posts at several international companies in the telecom and healthcare sectors in India, Europe and Southeast Asia, including Honeywell, Sanofi, GSK and Novartis. She is currently the Director for Consumer Health, Clinical and Real-World Evidence for IQVIA— a global Fortune 500 company serving the life-sciences industry — at its Asia-Pacific headquarters in Singapore.

Why did you choose a career in the healthcare sector?

My background is in life sciences, particularly microbiology and chemistry, but when I was trying to decide what my professional path should be, I realized that I was really passionate about understanding consumers and the business of healthcare. Working in the healthcare sector, especially the consumer-health side of the industry, allows me to combine these two interests. I strongly believe that innovation drives them both.

I’ve had a wide range of cross-functional experiences in consumer health, from launching new products to developing regional strategies and integrating new businesses. My current role at IQVIA has brought me back even more to science and R&D, since it involves both clinical and real-world research in consumer health and selfcare.

HEC Paris MBA Alumna, Swapna Kondapuram, is currently Director for Consumer Health, Clinical and Real-World Evidence for IQVIA.

Is Singapore a good base for business?

Singapore is an amazing place to work and live. Multinational companies in many sectors have set up their Asia-Pacific headquarters here, so there are excellent opportunities to connect with others in the same field and to stay on top of new developments. Singapore’s government is business-friendly, puts the focus on innovation and R&D, and provides extensive support for start-ups. Many entrepreneurs from all over the world are setting up businesses here. I’ve found that Singapore also offers equal opportunities for female executives. I’d recommend Singapore as a great choice for HEC graduates.

What made you decide to get your MBA at HEC?

I had been employed by Honeywell in India, in the telecom sector, and part of my job was working with clients in France. When I decided to get an MBA, France was on my radar. I had already gained a lot of experience in the unique challenges of an emerging market, which offers growth potential but where it’s sometimes hard to make things happen, and I wanted to learn more about developed markets. I have extended family in the US and the UK, but I preferred to get my MBA in Europe, where I would be able to earn my degree in less time. This was a big advantage not only financially but also because I didn’t want to interrupt my career for too long.

I was attracted to HEC because of its strong MBA program and great reputation, and moreover I was awarded the Eiffel scholarship for achievers from emerging countries, which was a great financial support.

How has your HEC training helped you in your career?

Going to HEC was a turning point for me. I not only developed new business skills, but I also learned how to blend my interests in science and business by beginning a new career in the healthcare sector. My HEC training and internships, including at Sanofi and LFB in France, really helped me to find my feet professionally. Being part of the HEC community also gave me the chance to benefit from the trust HEC alumni have in young graduates at the beginning of their careers. I’m grateful for the support of the international HEC network, and for the past six months I’ve served on the board of the HEC alumni chapter here in Singapore. We are organizing events to bring all HEC graduates together. It’s a young group, and we welcome new members!
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FROM HEC Paris Admissions Blog: Meet our January 2019 MBA Intake in this Student-Produced Video


The arrival of an MBA cohort on campus is always a fun-filled adventure, especially when the newest students introduce themselves to the rest of the HEC Community with a short, personalized video.

This year’s January 2019 intake is no exception. The students’ creativity was on display as each member of the new batch was invited to contribute a short segment to the official J19 video, which follows them from the moment they received their acceptance letters to starting their new lives at the HEC Paris MBA. The video was edited and put together by Nandita Dalmia and Abhay Paropkari, who said, “Even though the two of us ended up volunteering to put the video together, the credit for the concept goes to the entire class. We just loved how creative and enthusiastic everyone was towards the project.”
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FROM HEC Paris Admissions Blog: MBA Students Launch the HEC Paris Consultancy Practice


Several MBA students recently came together to create and launch the HEC Paris Consultancy Practice. This student-led, professional consulting organization addresses the strategic and tactical needs of companies by matching them with the capabilities of our global, diverse talent pool. For more information, visit the consultancy’s official website.

About the HEC Paris Consultancy Practice:

Harsha Singhraj, Global Consulting Practice President

Our Clients
1. The Business Community: We create value for global businesses, including large corporations, Small & Medium Enterprises (SMEs), and startups, through customized strategy development and operations optimization services.

2. The Non-Profit Community: We combine the MBA students’ extensive business expertise with the in-depth focus of students in the masters of sustainability and social innovation to deliver significant positive social and environmental impact for our clients.

3. Our Alumni: We support and accelerate our alumni’s organizations by helping them leverage the talent, knowledge and network of HEC’s ecosystem.

Our Client Services
1. Strategy Advisory: We drive the achievement of our clients’ organizational goals by developing realistic strategy and operations optimization roadmaps.

2. Digital/Technology Advisory: We enable organizations to be future-ready by leveraging our expertise in Digital/Technology and Advanced Analytics to drive organizational transformation.

3. Global Expansion/Emerging Markets Advisory: We facilitate the global expansion of companies by developing their business strategy and local networks, and by providing cross-cultural training support.

Our Client Value Proposition
1. Our teams consist of experienced and highly diverse consultants, fund managers/bankers, operations managers, marketing directors and successful entrepreneurs.

2. Our global understanding and networks are represented in our global teams (i.e., we collectively represent over 50 countries including the major emerging markets).

3. Our ability to leverage the vast HEC ecosystem helps companies/NGOs accelerate their growth and development.

4. Our focus is on creating value for clients by being outcome-oriented in our problem-solving approach and impact-driven in our recommendations.

5. Our modus operandi is to provide a premium consultancy experience,  while remaining cost-effective.
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Re: HEC Paris MBA Admissions and Related Blogs [#permalink]
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