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French business school Edhec is expanding into London and Singapore, offering masters and doctoral programmes in both financial centres from January 2011.
The French grand école has developed a strength in research and teaching in finance and its PhD in finance, taught in Nice on the French Riviera, has proven particularly popular. Now Edhec plans to triple the size of this programme, enrolling 15 students in both Singapore and London, in addition to the 15 a year planned each year for France.
The school will also launch an executive masters degree in risk and investment management in both London and Singapore, in addition to the Nice programme.
Edhec dean Olivier Oger says that the school launched in London because it is geographically close and is a strong business centre. However, the decision to establish a campus in Singapore was as a direct result of the Singapore government’s invitation to the school. The authorities there want to make Singapore an Asian financial hub to compete with Hong Kong and Shanghai, and business schools such as Chicago Booth and Insead have also been encouraged to locate campuses there. “It’s a recognition of our efforts in finance,” says Prof Oger.
The PhD in finance is offered as both a full-time residential programme and as an executive programme, the latter for those working in the finance sector. It takes three to four years to complete. The executive MSc has two tracks: one for practitioners with significant investment management experience; the second for high-potential graduate students that have recently joined the industry.
Prof Oger believes that in Singapore the PhD will prove more popular than the MSc. ”The MSc is not so known as a degree in Asia.”