HEC Montreal
Montreal, Canada
- Cost of LivingCAD 23,340
- Tuition Fee FromCAD 12,000
- Country Rank#37
- Batch Strength36,524
- Global Diversity23%
- Gender Ratio60 : 41
Overview
About
HEC Montreal (informally known as HEC) is a public business school with its headquarters in Montreal, Quebec, Canada. It was the first school of management established in Canada in 1907 and is also the graduate business school of the Universite de Montreal. The Metropolitan Montreal Board of Trade established the university in 1907. The university’s Alumni Association has been in charge of representing the university's graduates in Canada and the rest of the world since 1921.
HEC Montreal's acceptance rate stands at 38% with around 4,144+ students enrolled in the business school. The Bachelor of Business Administration (BBA), Master of Science in Administration (MSc), Master of Management (MM), Master of Business Administration (MBA), PhD in Administration, and a joint Executive MBA program with McGill University are among the undergraduate, graduate, and post-graduate programs offered by HEC. Through its 127 partner universities and direct admission, HEC is connected to hundreds of students from 45+ different countries. The majority of courses at HEC at the university are available in both French and English, allowing prospective international students to enroll without any language barriers and gain international experience.
The university’s alumni currently have around 1,00,800 members. It is one of the largest associations in Canada and Quebec. They provide a huge range of career development and networking opportunities for the members. People in the alumni include François Legault (Canadian Politician), Hélène Desmarais (Canadian Businesswoman), Oulimata Sarr (Regional Director for United Nations), Anne-Marie Gélinas (Montreal-based film, documentary, and television producer), and others.
Ranking
Canadian Business ranked HEC first among Canadian business schools for its MBA program in terms of value in 2016, Forbes ranked the university 17th globally among non-US business schools, and Bloomberg BusinessWeek ranked it among the Top 30 international business schools in 2015. Rankings of thousands of educational institutions consistently place HEC. among the best business schools in Canada and the world. They reaffirm its stellar reputation, which is generally known outside of Quebec. Take a look at some HEC Montreal rankings below in the year 2022 -
- 34th in the Publication of América Economía Ránking MBA Global (Business)
- 539th in the Scimago Institutions University Rankings
- 1244th in Webometrics Ranking Web of Universities
Year
QS Ranks
US News Ranks
2023
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2022
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Facilities
The Côte-Sainte-Catherine and Decelles buildings make up HEC Montreal's two academic campus buildings. These two buildings serve as the location for all classes. In addition, two childcare facilities and the Cepsum, University of Montreal Sports Complex are located on the campus. Take a look at some HEC Montreal facilities -
Library: The university Library has around 3,91,850 books, 1,098 periodicals, 12,787 audio-visual materials, and 2,71,936 electronic books.
Sports Facilities: A variety of sports and physical activities are available at the Cepsum Complex, including yoga, basketball, volleyball, gymnastics, an indoor pool, an ice rink, and an outdoor football and soccer field.
Amphitheatre: The 150-seat amphitheatre is equipped with a large panoramic screen, an audio-visual control panel, a simultaneous interpretation booth, and stage lighting, making it the ideal location for symposiums, seminars, and lectures.
L'oreal Canada: Stage lighting and four projectors are included in this circular space with movable furniture. There is enough for up to 70 people there. It is utilized for thesis defense sessions in addition to debates and regional, national, or international interuniversity contests.
Study Areas: To make group work easier, over 360 workstations with specifically adapted furniture, interactive tables, LCD screens, and whiteboards have been placed close to classes. The remaining 35 little closed rooms, all of which are completely equipped, complete the range of spaces for students and faculty.
Le Cercle Restaurant: The Montreal room and the Salon des diplômés are the two distinct rooms of the restaurant, which is located at the top of the Côte-Sainte-Catherine building with views of the city and Mount Royal. Each space serves a different function (alumni lounge). With space for 140, the Montreal room is a public dining area used for social gatherings and business lunches. In keeping with the professional activities of the School, it can be used in the evening for dinner lectures and cocktail parties.
Student Associations: At the university, there are several different student organizations including the Graduate Studies Student Association, the Undergraduate Student Association, the MBA Student Association, and others. Students can connect with peers who share their interests by joining any of these associations.
Notable Alumni
Courses
Admission
HEC Montreal Entry Requirements
Admission is available for the fall, winter, and summer terms at the university. It is advised to submit an application three to six months before the desired start date for international students at HEC. This is to guarantee that there will be adequate time to finish all processes, such as processing visas. Future students can apply through the Online Portal with an application fee of CAD 310.63. Below is a detailed explanation of the graduate and undergraduate HEC Montreal entry requirements -
Undergraduate Admission Requirements:
- A copy of official transcripts (grade 12) and high school diploma
- Overall average GPA of 80% or above
- Advanced math course with 80% or above
- A copy of official transcripts from the 1st term of the current year
- Copy of passport
- French language proficiency test results
- IELTS 5.5 and above as proof of English proficiency
- Official translations in French and English for documents in any other language
Postgraduate Admission Requirements:
- Copies of Official academic transcripts
- Copy of undergraduate degree certificate
- Bachelor’s degree in any field
- Min. overall score of 60% or above
- English Proficiency test scores (intermediate-advanced/advanced)
- French Language proficiency scores (recommended)
- 2 Letters of recommendation
- GMAT score of 630+ (equivalent GRE scores also accepted)
- TAGE MAGE score 300+
- Min. 3 years work experience (for admission to MBA)
- Resume
- Statement of Purpose for Canada
- 4 video essays
HEC Montreal Fees
Whether or not a student is attending the HEC Montreal, they are still liable for the payments associated with any enrolment in their record that has not been canceled by the dates indicated in the academic calendar. Failure to adhere to a deadline will result in additional costs of $25 plus 3% of the outstanding debt by term. Limited access to HEC en ligne will be available to students whose accounts are not resolved on or before the deadline for tuition fee payment. Hence, it is best to keep in mind these criteria while applying.
International students at HEC can use CIBC's International Student Pay, a secure online site that lets students pay tuition in the currency of their choice due to a partnership with one of the biggest banking organizations. To utilize this service, students don't need to visit a CIBC branch or have a CIBC bank account. Glance through some of HEC Montreal fees based on the type of subject a student picks -
- Business Administration: CAD 20,550 - CAD 29,500
- Management: CAD 20,250
- Supply Chain Management: CAD 20,400
- Business Management: CAD 20,400
HEC Montreal Placements
HEC also provides financial assistance in the form of a work-study program. Students must be enrolled full-time in a program for the fall and winter semesters in order to be eligible for the work-study program in Canada. For the summer session, students must be registered for a minimum of 6 credits. Student applicants for the work-study program are limited to on-campus positions. One may not, however, submit more than one application every term for an on-campus position. Except for the summer and 250 hours every term, students are also not permitted to work more than 20 hours per week. In addition to offering top-notch academic programs, the HEC Montreal Placements are famous for creating substantial employment prospects that lead to a high proportion of career success. Around 90.4% of MBA graduates from HEC Montreal find employment. MSc programs, however, have placement rates that are nearly 100%. Top employers of the university MBA graduates include Mckinsey, Morgan Stanley, KPMG, EY, Deloitte, L'Oreal, National Bank, and Novisto.
Scholarship
Regardless of the program you are studying, there are several scholarship opportunities provided by HEC Montreal as well as other organisations. With so many scholarships available now, overseas students can significantly lower the financial burden of studying in a new country. You can apply for scholarships to study at the university through UniScholars. You can find the following types of scholarships based on your academic performance and financial situation:
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Merit-based scholarships
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Need-based scholarships
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Country-specific scholarships
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College-specific scholarships
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Student-specific scholarships
Finances
Most international students are obligated to show proof of sufficient funds in order to obtain a visa. While some students may have the opportunity to make use of scholarships, not all students cut the eligibility to get a scholarship or a grant. Moreover, not all scholarships cover 100% of your study abroad expenses. At such times, most students resort to acquiring education loans to avoid the financial hassles associated with studying at the HEC Montreal. For Indian students, UniCreds is the ideal education loan marketplace if you’re looking for low-interest rates and free consultation services!
Accommodation
There are several student housing options available for students planning to attend HEC Montreal. You may select from a wide choice of affordable yet elegant student flats, halls of residence, studios, ensuites, and more! You have the option of staying on campus in the university halls of residence or a private residence. Because of their proximity to the university, on-campus housing options may be ideal; nevertheless, they tend to fill up fast and are more expensive.
UniAcco simplifies the process of finding student housing and offers a variety of options. As a result, students can select from a wide range of available student accommodations near the university, such as luxury studios, en-suites, and shared apartments that are more inexpensive and student-friendly.
Cost of Living
Ville-Marie was the original name of Montreal when it was founded in 1642, later it changed to Montreal in honor of Mount Royal, a hill in the city's heart. To determine the 51 finest cities in the world, Time Out polled 20,000+ people and Montreal came out on top. It is now recognized as one of the top cities in the world. Montreal also ranked as the ninth-best city in the world in the annual Time Out Index 2022 survey of the finest cities in the world. Here is a rundown of the cost of living in Montreal, Quebec below -
Item |
Cost (Per Month) |
Off-Campus Accommodation |
CAD 960 |
On-Campus Accommodation |
CAD 1,456 |
Transportation |
CAD 85 |
Food |
CAD 649 |
Utility |
CAD 102 |
Entertainment |
CAD 56 |
Groceries |
CAD 132 |
Clothes |
CAD 98 |
Health Insurance |
CAD 75 |
Total Cost of Living with Off-Campus Accommodation (Per Month) |
CAD 2,157 |
Total Cost of Living with On-Campus Accommodation (Per Month) |
CAD 2,653 |
Annual Cost of Living |
CAD 31,836 |