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Ameer Khatri MBA Consultant

HEC Paris MIF

October 10, 2023

710

Avg. GMAT

23

Avg. Age

3 Yrs.

Avg. Exp.

97

Class Size

24

Months Duration

Table of Contents

What is a good GMAT score for HEC Paris MIF?

Short Answer – The average GMAT score at HEC Paris is 710 for the last entering class. If you score above 710, you have a fair shot and you will receive an encouraging response to your profile evaluation from the admission committee. 

Long Answer – There is no such thing as a safe score, higher is always better. In our years of consulting experience, we have seen our clients with 640 getting selected into top schools like MIT and on the other hand, someone with a 770 getting rejected too. A good benchmark that we advise all our clients to beat is the average GMAT score of the last entering class as mentioned in the Class profile published every year. Scoring above the average gets you a fair shot; 

“The higher your score, the better is it for your interview or admission chance.” 

If you plan to apply with a score that is below the average, then you are starting a fight with one hand tied behind your back or, let’s say, you are starting a few yards behind your competitors. You can definitely catch up in other sections of the application by writing outstanding essays or performing really well in an interview later. But it is always nice to start ahead of the competitor. A higher GMAT score helps one gain a competitive advantage.

“What if you are from the over represented Indian or Asian Pool?”

The over-represented candidate pool of Indian or Chinese applicants usually goes through a rigorous preparation process for GMAT, with a lot of Indian applicants scoring quite high. Hence, the overall competition and the Average score for this diaspora goes up by a few notches. That is why we recommend candidates within the most over-represented profiles to shoot at least 20 points higher than the school’s class profile average.

 

Average Employment Salary after HEC Paris MIF?

The average salary at HEC Paris for the last graduating class was €78,000. 100% of the class was employed with 3 months of graduation with majority of class going into consulting (75%), Finance (16%) and technology (3%) oriented functional roles. 

A Masters in International Finance benefits the applicant from their wealth of network opportunities. With a €165,000 average salary after three years, HEC Paris provides a network of over 300 companies that recruit HEC graduates. Asset management, Equity Research ,Sales and Trading are a few popular job opportunities for the young MIF graduates.

Key Employers

100%

Employed within 3 months of graduation

78,000

Avg. Salary

 

75%

Consulting

16% 

Finance

3%

Technology

6% 

others

 

€ 40,650

Tuition Fee

€ 24,000

Living Cost

64,650

Cost of Attendance

Tuition Fees & Scholarship at HEC

The Tuition fees for HEC Paris MBA is € 64650 and an additional  € 24,000 in living cost. 

For many years now, HEC Paris has been committed to enabling the most talented international students to pursue their studies within their elite business school. There are various scholarships for students such as HEC Foundation Excellence Scholarships ,Women’s High Potential Scholarship, The Eiffel Excellence Scholarship, The Imaging Fellowship, etc.

Important Scholarships

Quick Overview & Rankings

1

FT Rankings

1

QS Top MIF

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Deadlines

HEC Paris Application Essays

  • At this early stage, are you more interested in Corporate Finance or Capital Markets as a specialization?
  • Imagine you have been admitted to three of your top choice Finance programs. In 400 words tell us how you will decide on the program that you will ultimately join next year. (400 words max)
  • In your view, what impact will the current economic and political turmoil we are currently experiencing have on the financial services industry? What impact, if any, will this have on your desired career path? Why? (450 words max)*
  • What is more important to you – to work fast or to get the job done right? You must choose only one option, you cannot hedge. Please explain. (300 words max)

HEC Paris Recommendation Ques.

  • How long and in what capacity have you known the candidate? (No word limit)
  • If this is a work-related reference, in what position is/was the candidate employed and for how long? (No word limit)
  • What do you consider to be the candidate’s principal strengths/talents? (No word limit)
  • What do you consider to be the candidate’s weaknesses or areas that need improvement? (No word limit)

Application Process & timeline

We strongly advise all our clients to have a proper excel sheet or a timetables mapped out.
Once you are done with GMAT the entire application process usually take 4-6 weeks

Step 1

GMAT / GRE Score

2-3 months.

If you are not sure about what score to target then look at the average score of the schools you want and shoot above the average. 

Step 2

Profile Evaluation

 1-2 weeks.

Get your profile evaluated from a professional consultant and figure out what schools you can target based on your profile

Step 3

Application Prep

3-4 weeks at least. 

Start writing at least 1 month in advance of their 1st deadline. First application usually takes the longest.

Step 4

Interview Prep

1 week

School will notify you and give you roughly 1 week to schedule your interview. Ideally, start your prep ASAP and Do some mock interviews.

FAQs about HEC Paris

No, speaking French is neither an entry nor an exit requirement for the Program. However, optional French language courses are offered free of charge during the course of the program.

Please also note that graduation requirements for the HEC MIF include speaking at least one other language (apart from English) at least at intermediate level (that language may be your native language).

First you have to create an account at hec.edu/applytomasters and then begin to fill in your application. You are able to submit an application when:

· your application form is 100% complete

· you have uploaded all the required documents

· you have paid the application fee of €110

You can enter all types of work experience in the Education and Experience section as well as detailing these experiences on your CV (Resumé).

The application fee is 110€, and must be paid by Credit card when you submit your application. The application fee is required and non-refundable.

Students may also finance the cost of their education with student loans, which typically carry low interest rates and can be paid back following graduation. However, French banks require a guarantor living in France. We suggest that you contact your local bank in your home country. They often have close links to certain banks in France.

At the beginning of each semester for three weeks, various banks come to take part in the Bank Forum organized by HEC Paris to allow you to learn about bank loans, open a French bank account, and compare the exclusive financial benefits offered to HEC students. Over the course of the academic year, BNP Paribas, la Société Générale and LCL have a permanent stand in the RU twice a week; this means you will always be able to get support and information from people who are used to helping international students. You can open a bank account and pick up your card in the same place. Please note that it is compulsory to open a French bank account to get a residence permit and for receiving housing aid.

What Our Client Say

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