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Facts on MBA In 1969, HEC started the HEC MBA Program. However, unless otherwise specified as Mini MBA program leading to an award and formal alumni status, quality of open-executive programs are not comparable with a formal MBA degree. France has initiated one-year MBA programs, with INSEAD MBA pioneering this formula in 1959. Most of the Grandes Ecoles also offer respected MBA programs, including ESCP-EAP (the oldest business school in the world, founded in Paris in 1819), ESSEC, HEC, EM-Lyon and EDHEC. University-based French business schools have created since then (mostly in the 1990s) their own 12 to 24-month MBA programs, but with a much lower emphasis on internationalization and diversity.

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