HEC EMBA - Capstone Project
HEC EMBA - Capstone Project
CAPSTONE PROJECT
The Capstone Project is, as the name suggests, the capstone, or the final deliverable of the HEC
Paris Executive MBA program. It is a real stepping stone in the participant’s future career, a bridge
to where they want to go and it highlights their transformation process. It is a comprehensive “real
world” exercise, carried out over a period of approximately 9 months during the program.
Participants will have the choice between an individual project or a group project.
The group project consists of a team, from 2 to 4 participants. They will select their team either
on the basis of a simple willingness to work together on a common project, or by the purposeful
assembling of a multi-expert task force, to successfully address a complex multi-dimensional issue
faced by the organization. A “call for contributors” event will be arranged in each track early in the
program in order to ease the matching between participants willing to pool their expertise.
During the Capstone Project, each participant or team is supported by an Advisor, either an
alumnus, with a solid generalist background, or an expert in their fields, who will advise and support
them. The Advisor‘s role is to provide methodological advice and guidance during the project on
issues such as the scope of the project, the approach and work plan, the structure of the document,
and its content and form.
Apply the strategic concepts and techniques acquired throughout the program to a project of
significant magnitude, bearing in mind uncertainties in the business world, establish concrete links
between the teachings/learning from the program and current real-life strategic and managerial
issues to solve them,
Learn to make feasible and sustainable business decisions,
Confirm that they gained the right set of skills to successfully hold senior management positions,
and demonstrate their ability to address and analyse an issue of particular strategic importance
from a top management view point,
Boost their career by demonstrating their newly acquired set of skills and expertise to current
employers, showing that they are legitimate and have the potential to take transverse direction
roles in the future,
Enable participants to undertake a potentially career-shaping activity, the concrete solutions
found will have a real impact on the company chosen,
Develop both written and oral skills in presenting their findings,
Further assess whether becoming an entrepreneur is a feasible option in their future.
The final deliverable is a report, written in English and at a level that one expects to find
submitted to members of an executive board, followed later by an oral defence. Designed as a
realistic exercise, this presentation will be made to the official Capstone Committee consisting of
academics, or outside experts, practitioners, alumni, and the Advisor.
Choice of organization / topic:
Participants (either alone, or in small groups) can choose their subject from among the following:
Their current employer (or that of one of another participants’ in case of a Capstone Project
performed within a team),
A new entrepreneurial venture upon which the participant(s) are considering to embark (a
business plan for example)
A third-party company in which participants have no direct interest, but for which they will
eventually act in an independent strategic consultant capacity. They will make a diagnosis of this
company to identify a specific issue to address, work on this issue, come up with a solution and
elaborate strategic recommendations.
The topic must address an issue that is of strategic importance to the selected organization and that
will allow participants, either individually or collectively, to support their “what should be done”
recommendations with:
enough market / competition data substantiating evidence;
internal organization’s data (commercial, financial, operational, etc) to develop sufficiently-detailed
action plans, financial forecasts, and risks analyses thereby allowing a deciding body to make a
rationale go / no-go decision.