French business schools’ funding conundrum
"(...) Some schools have managed to thrive without private investment and with little public subsidy, finding other ways to raise money that could also enhance teaching and research. This is a chal ...
Cited As:
Dean of EDHEC Business School
"(...) Some schools have managed to thrive without private investment and with little public subsidy, finding other ways to raise money that could also enhance teaching and research. This is a challenge but not impossible, says Emmanuel Métais, dean of Edhec, a private but non-profit institution with campuses in Lille, Nice and Paris. The school receives little subsidy so has had to be innovative. Edhec has monetised its finance research with a financial index business, selling its indices to investors around the world. Research is expensive and was previously funded by student fees, Prof Métais says — a model the school felt “was not sustainable in the long term”. Today, the dean notes, revenue from the spin-off makes up 15 per cent of the school’s €120m budget. (...)"
| Type: | Press article |
|---|---|
| Date: | le 02/12/2019 |
| Research Cluster : | Finance |
| Source : | Financial Times |
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About EDHEC
Operating from campuses in Lille, Nice, Paris, London and Singapore, EDHEC is one of the top 15 European business schools. Fully international and directly connected to the business world, EDHEC is a school for business, rather than a business school, where excellence in teaching and research focuses on innovation to stimulate entrepreneurship and creativity. EDHEC functions as a genuine laboratory of ideas and produces innovative solutions valued by businesses. The School’s teaching philosophy, inspired by its award-winning research activities, focuses on “learning by doing”.
