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:

Emmanuel Metais

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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