ESCP Business School

ESCP Business School (native name "École Supérieure de Commerce de Paris") is a European school of management with campuses in Paris, Berlin, London, Madrid, Turin, and Warsaw. In France, ESCP is one of the most selective French Grandes écoles and referred to in France as one of the "trois Parisiennes" (three Parisians), together with HEC Paris and ESSEC Business School. Established in 1819, it is considered as the world's oldest business school.[1]

ESCP Business School
École Supérieure de Commerce de Paris
MottoIt all starts here
TypePrivate business school
Established1819 (1819)
AffiliationAACSB, EQUIS, EFMD
Budget145 million (academic year 2020/2021)
ChairmanPhilippe Houzé
DeanFrank Bournois
Students7,000
Location
CampusUrban
ColorsBlue and white    
Websiteescp.eu

History

French economist and businessman Jean-Baptiste Say (1767-1832)

The school was established in Paris on 1 December 1819 by two former Napoleonic soldiers, Germain Legret and Amédée Brodart.[2] Germain Legret had opened two business schools in Paris in 1815 and 1818 but they closed their doors rapidly.[3] 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. Since the 1820s, the school had international exposure but it was not the only business school open to international students. As the French scholar Adrien Jean-Guy Passant recalls, other business schools as well as some polytechnics with trade departments welcomed foreigners from the start of the 19th century in Europe.[4][5] 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 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 with French elite engineering schools such as École Polytechnique or École Centrale Paris, but that never occurred. It is worth mentioning that, at the time, higher engineering schools in France and in Europe taught future businessmen.[6][7] From 1838, the French state began to give scholarships to ESCP's students.[8]

Finally, in 1869 the Paris Chamber of Commerce bought the school to train future business leaders to modern commercial methods. In 1892, ESCP set up selective admission processes which still take the form of competitive exams.[9]

On 5 April 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). In 1974 the ESCP developed courses in entrepreneurship in response to internal and external forces.[10] Since then, the school has deepened its European presence to become an integrated pan-European business school:[11]

  • 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 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 area after buying back Novancia Business School's building. The campus is dedicated to executive programs.
  • In 2019, the School removed Europe from its name going back to its original name.[12]

Rankings

Ranking Business Education - Financial Times 2016 2017 2018 2019 2020
European Business Schools 13th 11th 14th 8th
Master in Management 4th 6th 5th 6th 5th
Master in Finance 2nd 4th 2nd - 2nd
Executive MBA 12th 10th 11th 14th 7th
Executive Education Open 28th 27th 37th
Executive Education Customized 27th 24th 18th

Campus

ESCP students can study in campuses in France (Paris),[13] 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 provides a Master in Business Project Management co-delivered with the Technical University of Madrid and in Italy a double-degree program is available for engineers together with Polytechnic University of Turin.[14]

Since 2017, ESCP has 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, the Blue Factory. This organization is unique to Paris. In every other school undergraduate, graduate and executive education are dispensed in the same campus.

Paris - Republique Paris - Montparnasse
Berlin Turin London

Notable alumni

Politics

Research and education

Business

Entrepreneurship

Media and culture

Sports

Associations

See also

References

  1. "Voici les dates des oraux aux Parisiennes (HEC, ESSEC, ESCP) - Major-Prépa". major-prepa.com (in French). Retrieved 3 November 2018.
  2. "Adrien Jean-Guy Passant: Between filial piety and managerial opportunism: The strategic use of the history of a family business after the buyout by non-family purchasers, Entreprises et Histoire, Volume 91, Issue 2, pp.62-81, 2018". doi:10.3917/eh.091.0062. Cite journal requires |journal= (help)
  3. Adrien Jean-Guy Passant: À l’origine des écoles de commerce : ESCP Business School, la passion d’entreprendre, L'Harmattan, 2020, ISBN 978-2-343-18659-7.
  4. "Adrien Jean-Guy Passant: The early emergence of European commercial education in the nineteenth century: Insights from higher engineering schools, Business History, Volume 61, Issue 6, pp.1051-1082, 2019". doi:10.1080/00076791.2018.1448063. S2CID 158445441. Cite journal requires |journal= (help)
  5. "Adrien Jean-Guy Passant: Issues in European business education in the mid-nineteenth century: A comparative perspective, Business History, Volume 58, Issue 7, pp.1118-1145, 2016". doi:10.1080/00076791.2016.1158251. S2CID 155774456. Cite journal requires |journal= (help)
  6. "Adrien Jean-Guy Passant: The early emergence of European commercial education in the nineteenth century: Insights from higher engineering schools, Business History, Volume 61, Issue 6, pp.1051-1082, 2019". doi:10.1080/00076791.2018.1448063. S2CID 158445441. Cite journal requires |journal= (help)
  7. "Adrien Jean-Guy Passant: Issues in European business education in the mid-nineteenth century: A comparative perspective, Business History, Volume 58, Issue 7, pp.1118-1145, 2016". doi:10.1080/00076791.2016.1158251. S2CID 155774456. Cite journal requires |journal= (help)
  8. Adrien Jean-Guy Passant: À l’origine des écoles de commerce : ESCP Business School, la passion d’entreprendre, L'Harmattan, 2020
  9. Adrien Jean-Guy Passant: À l’origine des écoles de commerce : ESCP Business School, la passion d’entreprendre, L'Harmattan, 2020
  10. "Adrien Jean-Guy Passant & Arreola, Fernanda: Depuis quand apprend-on l'entrepreneuriat ? Une étude de cas historique dédiée à l'ESCP, Entreprendre et Innover, 42-43(3), pp.146-158, 2019". doi:10.3917/entin.042.0146. Cite journal requires |journal= (help)
  11. "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.
  12. "ESCP launches its new brand campaign – The Choice".
  13. "Institutional website".
  14. https://didattica.polito.it/outgoing/it/polito_escp_2020_2021
  15. https://www.escpalumni.org/gene/main.php?base=63

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