ESCP Europe

ESCP Europe
Motto European Identity, Global Perspective
Type Private Business School
Established 1819
Budget €90 million (2015)
President Frank Bournois
Administrative staff
 950
Students 4,000
Location Berlin, London, Madrid, Paris, Turin, Warsaw
Campus Urban
Website www.escpeurope.eu

ESCP Europe (French: École supérieure de commerce de Paris) is a European business school with campuses in Paris, Berlin, London, Madrid, Turin, and Warsaw. Accredited by the Paris Chamber of Commerce, ESCP Europe is one of the 76 business schools in the world to have obtained the triple accreditation of AACSB, EQUIS and AMBA.

ESCP is one of the most selective French Grandes écoles and referred in France as one of the "trois Parisiennes" (three Parisians), together with HEC Paris and ESSEC Business School. ESCP is also considered as the world's oldest business school.[1]

History

French economist and businessman Jean-Baptiste Say (1767-1832), one of the founders of the school

The school was established in Paris on 1 December 1819 as the world's first business school[2][3][4] by a group of economic scholars and businessmen including the well-known economist Jean-Baptiste Say and the celebrated trader Vital Roux. It was modeled on the first Grande École, the École Polytechnique founded by Lazare Carnot and Gaspard Monge, but was initially much more modest, mainly because it had not been supported by the state. It gradually gained in stature and importance during the 19th century and moved to its current Parisian location on Avenue de la République in 1898.

ESCP Europe original buildings in Paris

In 1828, the project to put the school under the authority of the French Ministry of Commerce and Industry failed. The school remained independent by the intervention of Jérôme-Adolphe Blanqui who took it over. Several times during the first half of the 19th century, French politics planned on grouping ESCP Europe with French elite engineering schools such as École Polytechnique or École Centrale Paris, but that never occurred. From 1838, the French state began to give scholarships to ESCP Europe's students and in 1852 it accredited ESCP Europe's programs.

Finally, in 1869 the Paris Chamber of Commerce bought the school to train future business leaders to modern commercial methods. Until 1870 there was only one business school in France: ESCP Europe. In 1892, ESCP Europe set up selective admission processes which still take the form of competitive exams.

On April 5, 1973 the concept of a multi-campus business school was founded with the consecutive inaugurations of campuses in the United Kingdom (London in 1974, move to Oxford in 1975) and in Germany (Düsseldorf in 1975, move to Berlin in 1985). Since then, the school has deepened its European presence to become an integrated pan-European business school[5]:

  • In 1985, the School’s campus in Germany moves from Düsseldorf to Berlin at the invitation of the Government of Berlin.
  • In 1988, a fourth campus is opened in Madrid.
  • In 1999, ESCP merges with its sister school EAP.
  • In 2001, the Master in Management programme of ESCP Europe is validated by City University London.
  • In 2004, a fifth campus in Torino, Italy is founded. Validated by the University of Turin, Master in Management students can obtain the Italian degree Laurea Magistrale.
  • In 2005, the School inaugurates its London campus having moved from Oxford.
  • In 2007, the Master in Management programme is recognized by the Charles III University of Madrid and students can obtain the Spanish degree of Master Europeo en Administración y Dirección de Empresas.
  • In 2015, the School establishes its sixth European campus via a strategic alliance with the Warsaw-based Kozminski University.
  • In 2016, the School decides to strengthen its footprint in Paris by adding a second campus located in the Montparnasse quarter.

Rankings

2014 2015 2016 2017 2018
FT - Executive MBA 16th 13th 12th 10th
FT - Executive Education Open 41st 29th 28th 27th 37th
FT - Executive Education Customized 56th 28th 27th 24th 18th
FT - Master in Management 7th 7th 4th 6th 5th
FT - Master in Finance 8th 3rd 2nd 4th 2nd

Campus

ESCP Europe students have the opportunity to study in campuses in France (Paris),[6] in the UK (London), Spain (Madrid), Germany (Berlin), Italy (Turin), and Poland (Warsaw). They can spend either 6 months or 1 year on each campus according to their study choices. Each campus has its own specifics and develops programs with local academic institutions. For instance, in Spain ESCP Europe provides a Master in Business Project Management co-delivered with the Technical University of Madrid.

From 2017, ESCP Europe will have two campuses in Paris. One near the Place de la République (11th arrondissement of Paris) and another one near the Montparnasse Tower (15th arrondissement of Paris). Each campus is dedicated to a specific range of programs. The campus in the 11th arrondissement hosts all the graduate programs whereas the campus in the 15th arrondissement hosts the undergraduate education, the executive education and the school's start-up Incubator. This organization is unique to Paris. In every other school undergraduate, graduate and executive education are dispensed in the same campus.

ESCP Europe campuses
Paris - Republique Paris - Montparnasse Berlin Turin London

    See also

    References

    1. ↑ "History of ESCP Europe". ESCP Europe. Retrieved 20 May 2018.
    2. ↑ "Andreas Kaplan: European Management and European Business Schools: Insights from the History of Business Schools". European Management Journal. 32: 529–534. doi:10.1016/j.emj.2014.03.006.
    3. ↑ "Focus On - Generation Europe Foundation - Career Guidance (page 5)" (PDF). Archived from the original (PDF) on 17 May 2013.
    4. ↑ A. Renouard, Histoire de l'École supérieure de commerce de Paris, Raymond Castell éditions, 1999.
    5. ↑ "Kaplan Andreas: A school is "a building that has four walls…with tomorrow inside": Toward the reinvention of the business school". Business Horizons. doi:10.1016/j.bushor.2018.03.010.
    6. ↑ "Institutional website".

    Coordinates: 48°51′51.84″N 2°22′50.84″E / 48.8644000°N 2.3807889°E / 48.8644000; 2.3807889

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