Dear donors and Alumni,
We would like to give you important information about the evolution of your School and its international development over the next 5 years.
On 6 July 2017, the General Assembly of the CCI Paris Ile-de-France (CCIR) voted unanimously to change the legal status of ESCP Europe on 1 January 2018. From this date, ESCP Europe will enjoy the status of a Consular Higher Education Institution (EESC), having legal autonomy and unique management of its campuses.
Thanks to this new status, ESCP Europe will have greater managerial and financial flexibility. This change is decisive for the development of ESCP Europe, its campuses and for the overall influence of its diploma.
The next step will an other CCIR’s General Assembly, which will record the contributions to the constitution of the EESC capital (brand, real estate). The scope of these contributions is currently being discussed by the School, the Association, the Foundation and the CCIR. The Alumni are determined to ensure that the School has its own resources, including real estate, for the sustainability of its project of teaching excellence and to achieve its goals on the 6 campuses with its international partners.
This flexibility reinforces the strategic vision of the School: to inspire, educate and provide the international leaders of tomorrow. Our goal for 2022 is to strengthen the ESCP Europe brand as the leading European business school in the world.
With the support of our 6 campuses, our vision is to:
■ Educate culturally and digitally seasoned graduates, ready and able to shape and connect with the world of tomorrow
■ Engage companies and Alumni to strengthen the School ecosystem and promote progress in international management and intercultural relations
■ Produce and disseminate world-class research that contributes to Europe’s success while highlighting how organisations and leaders think and behave
■ Promote diversity in all its forms as a source of innovation, strength and leadership.
In order to achieve these goals, ESCP Europe will have new governance on 1 January 2018.
Legal autonomy will be supported by financial autonomy. Thus, the School is developing its resource potential from 2017 in order to gain financial independence by 2022 by:
1. Development of its portfolio of programmes with the launch of the Bachelor’s degree in France (already 250 students enrolled in September). Success has been ensured by the brilliant London campus based launch in 2015.
2. Development of executive education and postgraduate programmes on all campuses with the launch of the MBA in International Management in 2017 and an offer which resonates with our School’s values: humanism and European values, intercultural experience for international leaders and the entrepreneurship spirit.
3. Development of the ESCP Europe Foundation funding to the School, with a contribution which has already tripled Alumni’s and corporate contributions over the last five years to reach the €3m donated to the School in 2016.
In this context, the ESCP Europe Foundation has become an essential tool for financing the School and its ensuring its continued success. The future of the School depends, in fact, on the strong commitment of its Alumni.
Therefore, in order to inform you more fully about the coming changes with the CCIR, the ESCP Europe Foundation will invite you to attend a major event in November. We will also inform you of the projects in which the Alumni can be financially involved from 2018 as donors, patrons or investors.
In the meantime, do not hesitate ton Olivier Albessard (91), deputy executive director of the ESCP Europe Foundation, if you need additional information (firstname.lastname@example.org or + 33 (0) 1 49 23 25 29).
With best wishes,
DEAN ESCP Europe
Christian Mouillon (77)
ESCP Europe Foundation President