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HEC Paris

HEC (Hautes Etudes Commerciales) Paris is considered to be one of the “four aces” in French higher education. See what it's all about for yourself.

About HEC Paris

HEC Paris logo

HEC (Hautes Etudes Commerciales) Paris is considered to be one of the “four aces” in training the French elite. Unique to France, the “Grande Ecole” concept was introduced by Napoleon so that “the best and the brightest” could be channeled into his ministries, armies, and engineering corps. HEC's School of Management is among the first business schools in Europe and the first in France to hold the Triple Crown Accreditation. HEC has a long-established tradition of welcoming international students to its lively and friendly campus: an ideal environment in which to live and learn for over 3500 students from 80 nationalities in our programs.

Stern has established an undergraduate exchange with HEC Paris during the third year (or what HEC refers to as the "foundation" year) of its five-year program. HEC Paris’s five-year program consists of two years of rigorous study that some consider equivalent to the first two years of a bachelors program. This is followed by an additional three-year program where students complete their bachelor studies and then commence their master level studies. HEC students earn a master's degree at the end of their five-year program.


IMPORTANT: Per HEC Paris policy, Stern students who completed the French Baccalaureate cannot attend HEC Paris through the IBEX program. If you have completed the French Baccalaureate and are interested in studying in France, we recommend that you consider Universite Dauphine or Sciences Po instead. 


Term Dates

HEC Paris offers IBEX opportunities in the fall and spring semesters.

  • Fall semester: early-September to mid-December
  • Spring semester: late-January to late-May

In addition to pursuing a regular fall or spring semester exchange at HEC Paris, students can consider pursuing a spring semester through the HEC Entrepreneurship Program [jump link], sponsored through the generosity of the Cagni Foundation.

  • Spring Entrepreneurship Program: mid-January to late-May

Dates are approximate and may be subject to change.

Housing and Living Costs (for the regular semester program - see Entrepreneurship program information below) 

  • Housing: Students are offered on-campus accommodation and prices vary according to room type from €550 – 780/month. On-campus accommodation is subject to availability and not guaranteed, but off-campus housing resources are also provided. 
  • Food: approximately €15/day based on meals at the on-campus student restaurant
  • Culture and recreation: €100 – 120/month
  • Transportation: €30 – 70/month
  • Insurance: approximately €215 (In France, every student under 28 years old is required to register for the French student social security insurance system)
  • Visa: $190 USD for Campus France registration, $30 for VFS processing, and approximately $115 for a Long Stay Student Visa

€ = Euro

Find out more about IBEX tuition, housing, and other logistics. 

Language of Instruction

English or French

Student Services

The student services available to exchange students include:

  • An active International Student Association that hosts weekly social events
  • Over 100 student associations
  • Sports activities

HEC Entrepreneurship Program (Spring Only)

Additional important information, including in-depth descriptions/timelines for the Incubator and Launchpad components, can be found on the IBEX HEC Entrepreneurship Flyer .

1. What is the HEC Entrepreneurship Program?

This program is sponsored through the generosity of the Cagni Foundation, in partnership with NYU Stern and HEC Paris. The program allows you to gain direct entrepreneurship experience by working on a startup project with a small team of fellow students. It only takes place in the spring semester, and is open to up to two NYU Stern Undergraduate students each year. This is an English-language program, so French language experience is not required, but strongly encouraged. You must apply for the HEC Entrepreneurship program during the regular IBEX application process, approximately a year before you will actually go abroad for this experience. 

2. Program Components/Credits

The HEC Entrepreneurship program consists of two components – the HEC Startup Launchpad and the HEC Incubator (Station F), for a total of 16 NYU credits for the semester (see additional information about how these credits can count in the Academic Information section below). The program runs from mid-January to the end of May. As a participant in the HEC Entrepreneurship program, you will need to dedicate all of your time to the program and will not be able to take other HEC courses. See below (in the Pre-Approved Courses section) for how credits from this program can transfer back to Stern.

3. Program Location & Housing

The entire Entrepreneurship program will take place in Paris—not on the HEC campus. Students will live in downtown Paris for the duration of the program. Participants must find and secure their own housing, there is no on-campus housing available.

4. Stipend

A limited number of stipends may be awarded - per the decision of the Cagni fund (number of stipends and amount (if any) determined annually by the Cagni fund). Stipends are awarded via check to the recipient and are subject to applicable taxes, so final award amounts will vary.

Academic Information

If you are accepted to IBEX, you will attend two advising meetings to plan and revise your schedule: one individual advising meeting with NYU Stern Academic Advising and one group advising meeting with the NYU Global Experiences team. As you build your academic schedule for your semester abroad, carefully review and consider the following course information.

Approved Courses for the HEC Entrepreneurship Program (Spring Only)

  • The HEC Entrepreneurship program consists of two components—the HEC Startup Launchpad (12 credits) and the HEC Incubator: Station F (4 credits)—for a total of 16 NYU credits for the semester.
  • The credits you will earn upon successful completion of the HEC Entrepreneurship Program can transfer back to Stern as follows:
    • 3 credits toward a Finance concentration
    • 3 credits toward the Entrepreneurship co-concentration
    • 3 credits towards the BTE Entrepreneurship elective requirement
    • 3 credits toward a Global Business co-concentration 
    • 3 credits toward Sustainable Business Practicum
    • Otherwise the credits for this program will come back as general Stern Electives

IBEX Course Information - Regular semester program

  • You may take a full semester of business classes while abroad on IBEX.
  • Leave room for at least two general electives in your schedule. This allows you to:
    • Take interesting, location-specific courses not offered at Stern, and
    • Have more flexibility during the course registration process.
  • Reference the IBEX Course Guide: What you can or cannot take.
    • You can take a maximum of two classes per concentration.
    • Accounting courses cannot be taken for credit toward the Accounting or CPA majors/concentrations.
    • All IBEX grades will transfer back to NYU Stern as Pass/Fail.

Previously Approved Courses

  • Listed below are courses that were taken previously by Stern IBEX students and have already been approved for a specific NYU equivalent.
  • There is no guarantee that the courses listed here will be offered during the specific semester you study abroad. It is important to be flexible. Have a Plan A and Plan B and the space to take some electives.
  • If a course is already listed below as approved, it does not need to be reviewed again, unless you want to see if it will count towards a new requirement.

Finding New Courses

  • You are not limited to only taking the courses listed on this page.
  • If you see a course in the HEC Course Catalog from the previous year (either Spring 2022 or Fall 2022) that you would like to take, but it is not listed below, you must submit the syllabus to Stern’s Global Experiences team for approval. Note that you can access these links by logging into your Stern account.
  • Online MOOC courses cannot be approved at this time.
  • Once HEC publishes its confirmed courses for the semester you will be attending, you can revise your list as needed based on what is being offered. Access HEC Fall 2023 course catalog here.

Special Notes

HEC regular semester courses will transfer back to NYU Stern as 2 or 3 credits each. That means you should plan on taking 6 – 8 HEC classes for a total of 14 – 16 NYU credits. HEC has both full-semester and half-semester courses, as well as special "Skill Seminars."

  • Full-semester courses meet for an hour and a half twice a week.
  • Most of HEC’s "Elective" courses only last for half a semester and meet once a week for three hours.
  • Meeting times can be confirmed on course syllabi.


List of Approved Courses for the HEC Regular Spring/Fall Semester Exchange


List of Approved Courses
*Please note that any pre-approved business course can also come back as a General Stern Elective
Course Title AbroadNYU CreditsCourse Equivalent at NYUSemester Taken

GEM1ELM307 Structured Finance


Advanced Finance Elective

Spring 2024
Online Course: Entrepreneurial Finance (requires approval from IBEX Team prior to official enrollment)2Advanced Finance ElectiveFall 2022
From Sustainable Finance to Responsible Capitalism2Advanced Finance ElectiveFall 2023
Coins and Tokens: Techniques, Regulatory, Accounting and Taxation2Advanced Finance ElectiveFall 2022
Sustainable Finance2Advanced Finance ElectiveSpring 2022
Advanced Finance2Advanced Finance ElectiveSpring 2022
GECCELM122 Innovation and Digitalization in Finance2Advanced Finance ElectiveFall 2021
GEM1ELM253 Introduction to Private Equity2Advanced Finance ElectiveFall 2021
Financing a Low-Carbon Economy 2Advanced Finance ElectiveFall 2021
Credit Rating2Advanced Finance ElectiveSpring 2020
Investment Banking2Advanced Finance ElectiveSpring 2020
Derivatives Trading2Advanced Finance ElectiveSpring 2018, Spring 2020
Investment Management in an Evolving and Volatile World2Advanced Finance ElectiveFall 2018
Strategic Tax Management2Advanced Finance ElectiveSpring 2018
Mergers and Acquisitions: Strategy and Implementation2FINC-UB 50 Mergers, Acquisitions, and RestructuringFall 2021
GECCELM141 OR GEM1ELM230 Mergers & Acquisitions: Financial Analysis2FINC-UB 50 Mergers, Acquisitions, and RestructuringSpring 2020, Spring 2022
Organizational Behavior2MGMT-UB 1 Management and OrganizationsFall 2023

GEM1ELM051 Devenir Consultant en stratégie

2Advanced Management ElectiveSpring 2024


3Advanced Management ElectiveSpring 2024
Strategic People Management 2Advanced Management ElectiveFall 2023
Effective Teamwork - Challenge Your Limits2Advanced Management ElectiveFall 2023
GEM1MAC001 Management and Cost Accounting2Advanced Management ElectiveFall 2019
Digital Management2Advanced Management ElectiveFall 2018
GEM1MSC004 Operations and Supply Chain Management3OPMG-UB 1 Operations ManagementFall 2018

Decision and Data Modeling (LEVEL 2)


Advanced Computing & Data Sciences Elective

Spring 2024
When Blockchain Makes Sense2Advanced Computing & Data Sciences ElectiveFall 2023
GEM1ELM301 Business Analytics Using Python2Advanced Computing & Data Sciences ElectiveFall 2022
GEM1ELM289 Principles of Data Science2Advanced Computing & Data Sciences ElectiveFall 2022
GECCELM068 Cybersecurity, Privacy, and Decision Making2Advanced Computing & Data Sciences ElectiveFall 2022
GECCELM142 From Web 1 to Web 3 2Advanced Computing & Data Sciences ElectiveFall 2022
Decision and Data Modeling (Level 1)2Advanced Computing & Data Sciences Elective OR Advanced Operations ElectiveSpring 2022
The New Data Rich Markets2Advanced Computing & Data Sciences ElectiveSpring 2022
GECCELM123 UX and UI Design **In-person format only. The MOOC version of this course is not approved.2Advanced Computing & Data Sciences ElectiveSpring 2020
GECCELM066 Big Data Analytics2Advanced Computing & Data Sciences ElectiveSpring 2019
GECCELM068 Cybersecurity and Data Governance2Advanced Computing & Data Sciences ElectiveSpring 2019
GECCELM073 Business at the Blockchain Age2Advanced Computing & Data Sciences ElectiveSpring 2019
GEM1ELM131 Tech, Data and Innovation Mindset2Advanced Computing & Data Sciences ElectiveSpring 2019

GEM1ELM341 Environmental Policies and Their Impact on Business Decisions 


Advanced Economics Elective OR Sustainable Business Elective (Issue Area)

Spring 2024
GECCELM087 2223-B2-EN01 Economic Modeling of Social Networks2Advanced Economics Elective OR General Stern ElectiveFall 2022
GEM1ELM023 2223-B2-EN01 International Marketing2Advanced Global Business Elective OR Advanced Marketing ElectiveFall 2018, Fall 2022
Understanding the Middle East: Economic & Strategic Fundamentals2Advanced Global Business ElectiveFall 2022
Understanding European Energy Policy: Business, Legal, and Geopolitical Perspectives2Advanced Global Business ElectiveSpring 2018, Fall 2018
Doing Business in Africa2Advanced Global Business ElectiveSpring 2018, Fall 2018
International Investment Strategy2Advanced Global Business ElectiveSpring 2018
Horticultural Principles and Future of Agriculture and Food Chain2

Sustainable Business Elective (Practicum) OR Sustainable Business Elective (Discipline) OR General Non-Stern Elective

Fall 2023, Spring 2024
GECCELM227 Introduction to Prosperous Degrowth: Building a Post-Capitalist Society?2

Sustainable Business Elective (Discipline)

Spring 2024
Ecology a New Model of Society2Sustainable Business Elective (Issue Area)Fall 2021
New Sustainability Culture: The Power of Purpose2Sustainable Business Elective (Issue Area)Fall 2021
Marketing Management2MKTG-UB 1 Introduction to MarketingFall 2023
Strategic Marketing2MKTG-UB 1 Introduction to MarketingSpring 2020
GEM1MKG008 Marketing3MKTG-UB 1 Introduction to MarketingSpring 2019
GEM1ELM066 / GECCELM010 Wine Marketing or Wine Culture and Marketing2Advanced Marketing ElectiveFall 2022
GEM1MKG010 Marketing Science2Advanced Marketing ElectiveSpring 2022, Fall 2022
GECCELM128 Influencer Marketing2Advanced Marketing ElectiveSpring 2022

Understand the News: Understand Your World

2General Non-Stern ElectiveFall 2023

Toward a Sustainable Food System: Challenges and Innovation

2General Non-Stern ElectiveFall 2023
GECCELM182 The 2020s in Movies and TV Shows2General Non-Stern ElectiveFall 2022
GECCELM183 Experiencing Film Analysis2General Non-Stern ElectiveFall 2022
Acting and Improvisation2General Non-Stern ElectiveSpring 2022
Behavioral Economics2General Non-Stern ElectiveSpring 2022
Economie des Religions2General Non-Stern ElectiveSpring 2022
Artificial Intelligence: Machine Learning in Service of Culture (Arts and Science)2General Non-Stern ElectiveFall 2019
GECCELM123 Web Development (HTML & CSS)2General Non-Stern ElectiveFall 2019
GEM1ELM095 Debating2General Non-Stern ElectiveFall 2019
GEM1DEF009 Company Law2General Non-Stern ElectiveSpring 2019
Crisis Management and Communication2General Non-Stern ElectiveSpring 2018
Fundamentals of Luxury2General Non-Stern ElectiveSpring 2018
The Threats of Terrorism2General Non-Stern ElectiveSpring 2018
GEM1LFR007 French Language3General Non-Stern ElectiveFall 2019

Startup and Sustainability


 General Stern Elective 

Fall 2023
Public Policy & Social Responsibility2General Stern ElectiveFall 2023
Practical Levers to Boost Business Performance2General Stern ElectiveSpring 2023
Methods of Cost Analysis2General Stern ElectiveSpring 2023
GECCELM178 Compliance: Laws, Practices, Governance and Consequences2General Stern ElectiveFall 2022
GECCELM177 Geopolitics and Business Strategy2General Stern ElectiveFall 2022
Private Equity and Strategy Consulting in the MENA Region2General Stern Elective Spring 2022
GECCELM131 Thinking Out of the Box2General Stern ElectiveSpring 2020
GEM1MRH005 Leading Organizations2General Stern Elective OR SOIM-UB 12 Professional Responsibility and Leadership (PRL)Spring 2020, Fall 2022
GEM1ELM287 Innovation and Entrepreneurship2General Stern ElectiveFall 2019
Digital Marketing for Consumer Goods: Exploring the Digital Adventure and Embracing Marketing Transformation2General Stern ElectiveSpring 2019
European Economic Issues2General Stern ElectiveFall 2018
Macro Economics for Business2General Stern ElectiveSpring 2018
GECCDE001 Contract Law2General Stern ElectiveFall 2018
GECCELM080 Purchasing and Supply Management2General Stern ElectiveFall 2018

Authentic Leadership


SOIM-UB 12 Professional Responsibility & Leadership (PRL)

Fall 2023
Inequality and Business in the 21st Century2SOIM-UB 12 Professional Responsibility and Leadership (PRL)Fall 2023
Business Ethics2SOIM-UB 12 Professional Responsibility and Leadership (PRL)Fall 2023
GEM1ELM288 Ethical Leadership Discovery Course2SOIM-UB 12 Professional Responsibility and Leadership (PRL)Fall 2019
Ethics and Sustainability2SOIM-UB 12 Professional Responsibility and Leadership (PRL)Fall 2018, Spring 2018
Living and Working with the French 2Cultures and Contexts (note: 2 remaining Cultures and Contexts credits will be applied to elective balance) OR BPE Area Studies Elective OR General Non-Stern Elective Fall 2021, Spring 2022
French 1 - A Study of French Culture2Cultures and Contexts (note: 2 remaining Cultures and Contexts credits will be applied to elective balance)Spring 2018
Study of French Society2Cultures and Contexts (note: 2 remaining Cultures and Contexts credits will be applied to elective balance)Fall 2018
Understanding the Middle East: Economic and Strategic Fundamentals2Cultures and Contexts (note: 2 remaining Cultures and Contexts credits will be applied to elective balance)Spring 2017
GECCELM075 The Global Revolution of the TV Series2BEMT MinorSpring 2019