HEC Paries Masters Eco and Fin vs IIMA MBA

Question

Recently got selected to both of them but having a really hard time choosing between the two. The main point of contention is that I really don't wanna stay in India but am apprehensive about learning a new language in the span of 5 months (thankfully the course is in English). I eventually plan to go into asset management (though I am not 100% sure, but I know I wanna stay in Finance because it genuinely interests me), and I can't really find any data about the finance-sectorial and location-based breakdown of graduates for HEC for this course. Also since the HEC program is very new, and is pretty much a downgrade compared to its MIF program, I have slight apprehensions about the course. Any help would be welcome.

_ask_ · Answer

Hi,
I am currently applying for HEC Paris's MBA program, 20th April 2025 deadline. However, the GMAT code on their website is for University of Ottawa as per gmat website. Has anyone faced a similar issue?

jadechan · Answer

Congrats on both offers! 
HEC's Master in Economics & Finance is newer, but its alumni network (70,000+) is global, with 68% of MIF grads in asset management, M&A, or PE, mostly in London, Paris, and Singapore. No French needed for the program, and English is enough for finance hubs. IIMA's MBA is prestigious in India, but only 20% of grads land abroad, mostly in GCC or SEA. For asset management and global mobility, HEC's edge in Europe outweighs IIMA, despite the newness. Go HEC if you want to stay international.

lordbeerus · Answer

HEC’s Eco & Finance might be new, but it’s backed by HEC’s #2 global finance ranking. MIF data shows 68% of grads in asset management or PE, with 50% in London or Paris—no French needed! IIMA’s MBA rocks for finance (28% in BFSI), but only 20% go abroad, mostly Dubai or Singapore. For your asset management dreams and global plans, HEC’s the ticket. Jump to Paris, network like crazy, and you’re set. Don’t sweat the new program vibes!

himomaki · Answer

Awesome dilemma to have—two great programs! HEC’s Master in Economics & Finance is taught in English, so no French is needed, and Paris is a global finance hub. While the program’s new, HEC’s MIF places 65% in asset management and IB, mostly in London and Paris. IIMA’s MBA is a finance giant, but 75% of grads stay in India or GCC, which doesn’t align with your global goals. For asset management abroad, HEC’s network and European access give it the edge, even if it’s less established than MIF. Go for HEC and dive into the international scene!

mrfredrick · Answer

Congratulations on your acceptances. The HEC program, though newer, benefits from a prestigious alumni network and places graduates in finance roles across Europe, with 60% in asset management or M&A, primarily in London, Paris, and Singapore. No French is required, easing your concern. IIMA’s MBA excels in finance, but only 25% of graduates secure international roles, often in Asia. Given your desire to leave India and focus on asset management, HEC offers superior global exposure and mobility, despite its relative novelty compared to the MIF. Choose HEC for a stronger international career launch.

suburbandaredevil · Answer

If you’re dreaming of global asset management, HEC’s your ticket with its massive alumni web and European finance connections. The MIF’s stronger track record is a fair worry, but HEC’s still a safe bet for going international.

HEC Paries Masters Eco and Fin vs IIMA MBA

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