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HEC Paris MIM Review


10 minutes

Table of Contents

    The HEC Paris Master in Management (MiM) program, renowned for its excellence and global recognition, offers a comprehensive and immersive 18-month educational experience. Ranked first in the world by the Financial Times Master in Management ranking for 2023, the program represents a pinnacle of management education, having consistently been a top contender over the past decade.

    Attracting over 3,000 applicants annually, HEC Paris prides itself on a competitive and diverse class profile. Managed through 12 admission jury intakes, the program is a testament to the institution's prestigious status in France and globally, setting a high bar for aspiring management professionals.

    Tuition Fees for MIM 2024 €53,200
    Program Length 18 months
    Program deadline
    MIM 2026
    October 17th, 2023
    January 3rd, 2024
    February 28th, 2024
    April 17th, 2024
    Intakes 1
    Application Fees €125

    Class Profile

    HEC Paris is known around the world for its top-notch Master in Management (MIM) program. This program is really popular among talented students from all over. It's a great place to learn about business and management from a global point of view. The HEC MIM Paris class profile is all about choosing the best of the best. The students who get in are not just smart in their studies, but they also have strong leadership skills and come from lots of different places.

    What's really cool about the MIM HEC Paris program is how it brings together students from all over the world. This mix of students, who are part of the HEC MIM Paris class profile, means you get to hear lots of different ideas and viewpoints. This variety is super important because it helps everyone understand the big challenges and different ways of doing business around the world.

    Class Size 250
    Average Age 23 Years
    Women Diversity 43%
    Average GMAT Score 681
    Average Work-experience 8-9 months
    Pre-MIM industry
    MIm 2025
    Consulting 29%
    Finance/Accounting 21%
    IT&T 8%
    FMCG/Retail/Luxury Goods/E-commerce 8%
    Healthcare/Pharmaceuticals/Biotechnology 6%
    Countries Represented
    MIM 2025
    North America 18%
    South East Asia/East Asia 17%
    Central South America 17%
    South Asia 16%
    Europe (excl. UK) 12%

    Acceptance Rate

    HEC MIM, or the Master in Management program at HEC Paris, is a highly competitive program with a low acceptance rate. According to the latest available data, the acceptance rate for the HEC MIM program is around 17.5% which means that out of every 100 applicants only 12 are accepted into the program. The admission process is rigorous and takes into consideration various factors such as academic performance extracurricular activities work experience, and language proficiency. Therefore, it is important for applicants to prepare thoroughly and present a strong profile to increase their chances of admission.

    Program and Curriculum

    hec paris mim program and curriculum

    The HEC Paris MIM course duration is a full-time, two-year graduate program that focuses on developing students' skills in international management. The program's curriculum is divided into four semesters, with the first two semesters focusing on core courses such as accounting, marketing, finance, and organizational behavior. In the third semester students can choose from a wide range of elective courses based on their interests and career goals. The fourth semester is dedicated to a business project  where students can apply their knowledge to solve real-world business problems.

    The curriculum is designed to provide a well-rounded education to students by exposing them to a diverse range of subjects and real-world scenarios. HEC Paris program also emphasizes on developing soft skills like leadership, teamwork, communication & problem-solving abilities. The coursework is rigorous and demanding, and students are expected to work hard to maintain the high academic standards set by HEC Paris.

    Core courses

    Financial Accounting and Analysis Covers basics of financial accounting, including financial statements, balance sheets, income statements, cash flow statements, and more. Delves into financial statement analysis, financial ratios & forecasting.
    Managerial Accounting and Control Focuses on the use of accounting information in management decision-making. Includes cost accounting, budgeting, variance analysis & performance measurement.
    Economics Covers principles of micro or macroeconomics, including supply and demand, market equilibrium, consumer behavior, production, cost theory. Explores macroeconomic topics such as monetary policy, fiscal policy & international trade.
    Corporate Finance Focuses on financial management of corporations. Includes capital budgeting, capital structure, dividend policy, risk management. Covers financial instruments like stocks, bonds & derivatives.
    Operations Management Covers design, management, and improvement of business operations. Includes process analysis, quality management, supply chain management & inventory management.

    Electives

    Program Flexibility HEC MIM offers a wide range of elective courses, allowing students to tailor their academic experience based on their interests & career goals.
    Elective Course Topics Cover a variety of topics, including finance, marketing, strategy, entrepreneurship, leadership & more.
    Number of Electives Students can choose from over 100 elective courses offered each year, providing a high degree of flexibility in course selection.
    Popular Electives Some popular elective courses include Digital Marketing, Luxury Marketing, Negotiation, Entrepreneurial Strategy, and Private Equity.
    Timing of Electives Electives are typically offered in the second semester of the program, after students have completed their core courses.
    Course Location Elective courses may be taken at HEC Paris or at one of HEC's partner institutions, providing a global perspective on the chosen field of study.

    Clubs and associations

    • Consulting Club: The Consulting Club provides a platform for students to learn about consulting careers and develop their problem-solving and analytical skills. It also organizes events like case study competitions, workshops, and networking sessions with industry professionals.
    • Entrepreneurship Club: The Entrepreneurship Club supports students who are interested in starting their own businesses or learning about entrepreneurship. It offers mentorship programs, pitch competitions, and workshops on topics like ideation, funding, and growth strategies.
    • Finance Club: The Finance Club is for students who want to explore careers in finance, including investment banking, asset management, and private equity. It organizes events like speaker series, industry visits, and financial modeling workshops.
    • Luxury Business Club: The Luxury Business Club focuses on the luxury industry and provides opportunities for students to learn about the latest trends and challenges in this sector. It also offers networking events and workshops on topics like brand management, retail, and customer experience.
    • Marketing Club: The Marketing Club is for students who want to pursue a career in marketing or brand management. It offers workshops on topics like market research, digital marketing, and consumer behavior, as well as opportunities to work on real-world projects for companies.

    Extra activities

    • International Exchange Programs: HEC MIM provides its students with the opportunity to study abroad in one of the partner universities across the globe for a semester or a year.
    • Career Fairs: Career fairs are conducted on campus, which provide students with the opportunity to connect with potential employers, attend company presentations, & learn about different industries.
    • Conferences: HEC MIM hosts various conferences on campus, where students can attend seminars, workshops & network with professionals.
    • Sports and Recreation: The campus has several sports facilities, including tennis courts, basketball courts, a swimming pool, and a gym, where students can engage in physical activities & stay fit.
    • Social Events: HEC MIM organizes a variety of social events throughout the year, including parties, galas, and cultural events, where students can relax, unwind & network with their peers.
    • Volunteer Opportunities: The school encourages students to get involved in community service activities and provides them with the opportunity to volunteer for local organizations & causes.
    • Language Courses: HEC MIM offers language courses in French, German, Spanish & Mandarin, which help students enhance their language skills and improve their employability in the global job market.

    Scholarships HEC Paris 

    HEC Paris offers a range of scholarships to support talented students in financing their studies. Some of the scholarships are based on merit, while others are need-based. The scholarships available for the MIM Scholarship, Include HEC Foundation Scholarship, Forté Foundation Scholarship, Eiffel Excellence Scholarship, and other scholarship opportunities for students from different regions of the world. These scholarships provide financial assistance to students in the form of HEC Paris MIM fees waivers and living expenses. To be considered for scholarships, candidates are required to submit additional documents and essays along with their application. The eligibility criteria, application process and deadlines for each scholarship vary & students are advised to check the official website for details.

    Eligibility and Requirements

    hec paris eligibility and requirements

    HEC Paris offers a Master in Management program (MIM) that is designed for students who want to pursue a career in the fields of business and management. The program is highly selective and competitive, attracting top students from around the world. In order to be eligible for the HEC MIM program applicants must meet certain requirements & possess certain qualifications.

    The HEC MIM program welcomes applicants from diverse academic backgrounds but prioritizes those with a degree in business, economics, management or related fields. To be considered, applicants must hold a Bachelors degree and have a strong academic record, with a minimum GPA of 3.0 on a 4.0 scale. Here are the HEC Paris MIM eligibility & requirements criteria and documents related to the application:

    Eligibility 

    • Applicants must have completed a bachelor's degree from a recognized university or college. The degree can be in any field, but it must be equivalent to a four-year undergraduate degree in the United States.
    • Applicants may apply in the same year they obtain their degree.

    Application fees

    The application fee for HEC MIM program is €120.This fee is a necessary part of the application process and falls under the overall HEC Paris MIM fees. It's important to note that this fee is non-refundable and must be paid online when you submit your application.

    Document Related to the Application

    • Degree certificate(s) or current certificate of enrolment.
    • A one-page resume (CV).
    • All official up-to-date academic transcripts and official GPA.
    • GMAT or GRE or TAGE MAGE official test score report.
    • English language proficiency test score report (TOEFL or TOEIC or IELTS or Cambridge).
    • Copy of Passport or ID card.
    • Two completed online reference forms.

    GPA

    There is no specific GPA requirement mentioned by the school for the HEC MIM program. However, candidates must have completed their undergraduate degree from an accredited institution with good academic standing.

    GMAT

    The Graduate Management Admission Test (GMAT) is a standardized exam that is used to assess the skills of the applicants who want to pursue a graduate management program, such as the Master in Management (MIM). The HEC Paris MIM GMAT test is designed to evaluate the analytical, writing, quantitative, verbal, and reading skills of the candidates.

    GRE

    The Graduate Record Examination (GRE) is also accepted as a standardized test score for admission to the HEC MIM program. Applicants can submit either GRE or GMAT scores. The GRE score should not be older than five years from the date of the application. It is recommended to take the GRE test at least six weeks before the application deadline to ensure that scores are received on time. The minimum GRE score required for admission to the HEC MIM program is not explicitly stated, but a competitive score is generally in the range of 310-320.

    Average work-experience

    HEC MIM doesn't require any work experience. However, students with some work experience have an advantage during the selection process. The average work experience of the current HEC MIM class is around 8-9 months. 

    English language proficiency test scores

    IELTS is one of the accepted language proficiency tests for non-native English speakers who wish to apply for the HEC MIM program. Other accepted tests include TOEFL, TOEIC, and Cambridge English. The minimum required score for IELTS (International English Language Testing System) is 7.0 overall, with a minimum score of 6.0 in each section (listening, reading, writing, and speaking). It is important to note that the language proficiency requirement may be waived for applicants who have completed their undergraduate studies in an English-speaking institution or who are native English speakers. It is recommended to check the official HEC MIM website for the latest information on language proficiency requirements.

    MIM Deadlines

    HEC MIM Paris has multiple application rounds with different deadlines. The HEC Paris MIM deadlines are based on the intake session, which starts in September and January. The following table provides an overview of the application deadlines.

    Admission Process

    The admission process for HEC MIM Paris consists of several steps:

    • Online Application: Candidates need to complete an online application form and upload their academic transcripts standardized test scores (GMAT or GRE), and other required documents. They also need to pay the application fee.
    • Pre-selection: The Admissions Committee reviews the applications & pre-selects candidates for an interview. Candidates are informed of their pre-selection status within three weeks of the application deadline.
    • Interview: Pre-selected candidates are invited for an interview, which can be conducted in person or via Skype. The interview assesses the candidate's motivation, leadership potential & communication skills.
    • Final Decision: The Admissions Committee makes the final decision based on the candidate's academic and professional background, test scores, interview performance & other criteria. Candidates are informed of the decision within three weeks of the interview.
    • Enrollment: Admitted candidates need to confirm their enrollment by paying a deposit within two weeks of receiving the admission offer.

    When do the Admission Start?

    Applicants for the HEC Paris MBA program typically commence the admissions process in September or August of each year - although, always consult with their official website to ascertain when dates will be availed.

    Rounds Deadlines
    Round 1 17 October 2023
    Round 2 3 January 2024
    Round 3 28  February 2024
    Round 4 17 April 2024

    Career, Employment & Placement

    Employment-Placement HEC Paris

    HEC Paris MIM program have an impressive track record, showcasing significant career impact in their professional journeys. Many of these students land highly sought-after positions in diverse industries all around the globe. The Career Center at HEC Paris plays a crucial role in this success. It's committed to aiding students in their job search, offering a wealth of resources and opportunities that are vital for professional development. 

    • 95% of HEC MIM graduates are employed within three months of graduation.
    • The average salary of HEC MIM graduates is around €53,000 per annum, with the highest salary being €85,000 per annum.
    • Graduates from HEC MIM are hired by top companies such as Amazon, Bain & Company, Deloitte, Goldman Sachs, L'Oréal, McKinsey & Company, and PwC.
    • The most popular industries for HEC MIM graduates are consulting, finance, technology, and consumer goods. 

    HEC Paris also has a strong alumni network, which provides students with access to job opportunities after mim, mentorship, and other professional resources. The Career Center also organizes various events such as career fairs, networking events, & guest speaker sessions to help students connect with potential employers and gain insights into various industries.

    Average Starting Salary

    This refers to the average salary earned by graduates in their first job after completing the program. It is an important metric for evaluating the value of the program in terms of return on investment. The average starting salary for HEC Paris MIM Salary graduates is around €50,000 -  €85,000  per annum.

    Placement Statistics

    This indicates the percentage of graduates who have secured employment within a certain period after completing the program. It is a measure of the program's success in providing graduates with the necessary skills & knowledge to compete in the job market. According to the employment report of HEC MIM, 97% of graduates secured employment within three months of graduation.

    Employment Report

    This provides detailed information about the job placements of graduates, including the companies they work for, job titles, locations, & industries. The employment report of HEC MIM includes data on the industries in which graduates are employed, such as consulting, finance, technology, and luxury goods, as well as the top recruiters.

    Top Sectors Hiring MIM Graduates

    HEC Paris MIM graduates are highly sought-after by recruiters from a wide range of sectors. The program's rigorous curriculum and practical approach to learning prepare students for successful careers in various industries. From consulting to finance, luxury business to marketing, MIM HEC Paris alumni can be found working in some of the world's leading companies. In this context, it is essential to explore the top sectors hiring HEC MIM graduates to have a better understanding of career prospects and opportunities for students pursuing this program.

    Companies Recruiting from HEC MIM

    HEC Paris enjoys a strong reputation in the business world, which translates into a wide array of top-tier companies actively recruiting from its Master in Management (MIM) program. These companies represent diverse industries, including consulting, finance, technology, healthcare, and more. 

    Consulting Finance Technology
    McKinsey & Company Technology Apple Inc.
    Bain & Company Luxury and Retail Microsoft Corporation
    Boston Consulting Group Energy Amazon Web Services

    MIM Alumni at HEC

    The HEC Paris alumni network is a storehouse of successful stories of top executives and entrepreneurs. They have achieved it all, from analyst and consultant positions in Mckinsey, Amazon, and Philips to founders of influential business leaders enterprises. More than 52,000 alumni business leaders have work experiences across different sectors all around the world. The network is among the largest in Europe, with alumni based in over 132 countries.

    In addition, the network organizes more than 1000 events to facilitate exchange between MiM students and members and provide counselling to prospective students. As a result, 98% of MiM graduates get placed within three months of graduation. Thus, helping you get work experience in a few months after graduation. Hence, making the institute has high potential.

    Some Famous Alumni

    • Jean-Paul Agon (Chairman & CEO of L’Oréal)
    • François-Henri Pinault (Chairman & CEO of Kering)
    • Baudouin Prot (Chairman of BNB Paribas)

    Hec Paris MIM Application Essay

    The HEC Paris essays application comprise three long essays. However, like most universities, HEC Paris also takes its essays very seriously and uses them as a medium to understand the strengths and weaknesses of prospective MiM students. So make sure your essays are top-notch and express why you want to be a part of the executive education program.

    Q: Why are you applying to the HEC MBA Program now? What is the professional objective that will guide your career choice after your MBA, and how will the HEC MBA contribute to the achievement of this objective? (500 words)
    Q: What do you consider your most significant life achievement? (250 words)
    Q: Leadership and ethics are inevitably intertwined in the business world. Describe a situation in which you have dealt with these issues and how they have influenced you. (250 words)

    Letter of Recommendation

    Students must submit at least two letters of recommendation. Your professor should duly sign one letter of recommendation, and your employer can sign the other. Students can also submit three letters of recommendation, but the third one is optional.
     

    Interview Questions

    Set 1

    Q: Tell us about your academic background and why you chose your undergraduate major.
    Q: What motivated you to pursue a Master in Management at HEC Paris specifically?
    Q: Can you describe your most significant academic or extracurricular achievements or experiences?
    Q: How do you see the HEC Paris MIM program aligning with your career goals?
    Q: What do you believe are your strengths and weaknesses, and how do you plan to leverage or address them during your time at HEC Paris?
    Q: Describe a challenging situation you've faced and how you managed to overcome it.
    Q: HEC Paris values diversity and international perspectives. How do you believe your background and experiences contribute to this diversity?
    Q: Are there any specific professors or courses at HEC Paris that interest you the most? Why?
    Q: Can you discuss your leadership experiences and how they've shaped your character and aspirations?
    Q: What do you hope to contribute to the HEC Paris community as a student?

    Set 2

    Q: Tell us about a time when you had to work in a team with people from diverse backgrounds. What challenges did you face, and how did you overcome them?
    Q: Describe a situation where you had to adapt to change or uncertainty. How did you handle it?
    Q: Can you share an example of a project or initiative you initiated, and what were the results or outcomes?
    Q: Discuss a time when you had to prioritize multiple tasks or responsibilities. How did you manage your time effectively?
    Q: HEC Paris values innovation and entrepreneurship. Can you provide an example of an innovative idea or solution you've developed or been a part of?
    Q: Describe a situation where you had to resolve a conflict within a team or group. How did you approach this, and what was the outcome?
    Q: How do you stay updated on current trends and developments in the business world, and how has this knowledge influenced your career goals?
    Q: Discuss a time when you faced a setback or failure. How did you handle it, and what did you learn from the experience?
    Q: HEC Paris emphasizes leadership qualities. Can you share an example of a time when you demonstrated effective leadership, whether in a formal or informal capacity?
    Q: In your opinion, what is the most significant challenge or opportunity facing businesses today, and how do you plan to address it in your career?

    Tips for HEC Paris MIM interview questions

    When facing HEC Paris MIM interview questions, thorough preparation is key to success. Start by thoroughly researching the program, its values, and its unique offerings. Practice articulating your academic and extracurricular achievements, emphasizing how they align with your career aspirations. Be ready to discuss your leadership experiences, adaptability in diverse teams, and problem-solving skills through real-life examples. 

    • Practice your responses: Before the interview, practice answering common interview questions related to your motivation, goals, experiences, and skills. This will help you feel more confident and articulate during the actual interview.
    • Know your application: Review your application materials thoroughly to refresh your memory on your academic background, work experience, achievements, and extracurricular activities. This will help you answer questions related to your application more effectively.
    • Research the school: Conduct research on HEC Paris, the MiM program, and the faculty to gain a better understanding of the school's culture, values & strengths. This will help you tailor your responses to the school's specific values and demonstrate your interest in the program.
    • Be prepared to ask questions: Prepare a list of questions to ask the interviewer about the school, program, and student experience. This demonstrates your interest in the program and shows that you have done your research.
    • Be authentic: Finally, be yourself during the interview and let your personality shine through. Don't try to be someone you're not, as interviewers can usually tell when candidates are not being genuine

    What Makes Hec Paris Unique?

    hec paris unique

    Is HEC MIM worth it? HEC Paris is unique for several reasons, making it a prestigious and distinctive institution in the world of business education:

    • Heritage and Reputation: HEC Paris has a rich history dating back to 1881 and is consistently ranked among the top business schools globally. Its longevity and legacy contribute to its reputation for academic excellence.
    • Diverse and International: HEC Paris prides itself on its diverse student body and faculty, with students coming from all over the world. This international perspective is reflected in its curriculum and global outlook.
    • Strong Alumni Network: HEC Paris has a vast and influential alumni network, with graduates holding leadership positions in various industries. This network can be a significant asset for current students and graduates in terms of mentorship and job placement.
    • Innovative Programs: HEC Paris offers a wide range of innovative programs, including specialized master's degrees, executive education, and a renowned MBA program. Its ability to adapt and create programs that cater to changing business needs sets it apart.
    • Entrepreneurial Focus: The school has a strong emphasis on entrepreneurship and innovation. It provides numerous resources and support for students interested in starting their own businesses or pursuing entrepreneurial careers.
    • Corporate Connections: HEC Paris has deep ties with the business community, both in France and globally. Its location near Paris, a major business hub, facilitates strong connections with top companies and provides numerous networking opportunities for students.
    • Research Excellence: The faculty at HEC Paris is known for its research contributions in various fields, including management, economics, and finance. This research informs and enriches the academic programs offered at the school.
    • Global Perspective: HEC Paris collaborates with numerous international institutions and offers students opportunities to study and work abroad. Its partnerships with leading business schools around the world enhance its global perspective.

     

    Conclusion

    HEC MIM Paris, a renowned (Master in Management) MiM in France, provides students with an opportunity to pursue a successful international career in business. Through its comprehensive curriculum programs and an array of extracurricular activities, it equips students with the necessary theoretical and practical skills. Furthermore, graduating students are offered near-guaranteed employment with an average starting salary of 66,000 Euros.
     

    Know Your Author
    Photo of Abhyank
    Abhyank Srinet
    Study Abroad Expert
    Abhyank Srinet, the founder of MiM-Essay.com, is a globally recognized expert in study abroad and admission consulting.His passion lies in helping students navigate the complex world of admissions and achieve their academic dreams. Having earned a Master's degree in Management from ESCP Europe, Abhyank's expertise in data-driven marketing strategies has driven growth for some of the most competitive industries. As the founder of MiM-Essay.com, he has helped thousands of students get into top business schools with a strong emphasis on research, shortlisting, and applying to schools from a single platform. His dedication to education has also led him to create MentR-Me, a free-to-use social platform that simplifies the study abroad process for students, while providing universities with a powerful recruitment tool. As a leader in the field of admission consulting, he is constantly researching and implementing the latest strategies to ensure that his clients receive the best possible guidance. He leads the Business Development and Digital Marketing side of both companies, and has grown both ventures to 7 figure revenue.His unique insights, experience, and dedication to his clients make him a valuable resource for anyone seeking to advance their education or career.
    What are the admission requirements for HEC Paris MIM?

    The admission requirements for HEC Paris MIM typically include a bachelor's degree or equivalent, GMAT or GRE scores, English proficiency test (such as TOEFL or IELTS), letters of recommendation, essays and a resume.

    Are there opportunities for international exposure or exchange programs as part of the HEC Paris MIM curriculum?

    Yes, HEC Paris places a strong emphasis on international exposure. Many MIM programs include opportunities for global experiences, such as international exchange programs, study trips, and the chance to interact with a diverse student body, fostering a global perspective.

    Are there scholarships or financial aid options available?

    Scholarships and financial aid options are available to eligible candidates, which may include merit-based scholarships, need-based scholarships, and external funding opportunities. Applicants should explore the various scholarship options and apply accordingly.

    What types of career outcomes do graduates typically achieve after completing the HEC Paris MIM program, and which industries do they commonly enter?

    HEC Paris MIM graduates have a strong track record of securing diverse and competitive job placements. Career outcomes vary based on individual preferences and concentrations, but graduates commonly enter industries such as consulting, finance, technology, marketing, and more. HEC Paris provides robust career services to assist students in achieving their desired career goals.

    Are there any unique features or specializations within the HEC Paris MIM program that set it apart from similar programs at other institutions?

    HEC Paris MIM distinguishes itself through its rigorous academic curriculum, focus on leadership development, international exposure opportunities, and strong emphasis on diversity. The program often includes experiential learning components and offers specializations tailored to students' career aspirations. Moreover, HEC Paris's global reputation and extensive alumni network contribute to the unique opportunities available to MIM graduates.