You want to follow business studies. You have heard of business schools and IAEs. You are a little lost: what are the differences between an IAE and a business school? What are the opportunities? Commonalities? We tell you everything in this article.
IAE and Business School: definition
Do you want to know the differences between IAE and business school? Why go to business school rather than an IAE, or vice versa? To begin, let's see together what exactly these two establishments are and what are the specifics.
What is a business school?
The business school, is accessible training at a GED level or a GED +2/3. To join a business school, it is therefore necessary to have completed secondary school and to have obtained a baccalaureate. Business schools are private schools, providing advanced business courses. At the end of their studies, students receive a diploma recognized by the state.
What is an IAE?
The IAE, or Institute of Business Administration, is a school of public commerce. These schools constitute a component of the universities and are attached to the LMD system (License, Master, Doctorate). They are more recent than business schools, and in full development. The university course is much the same as in business school: there are courses in management, management, finance, auditing and marketing. Students, as in business school, have the opportunity to choose different options in addition to their initial training.
The common points between IAE and business school
IAEs and business schools have many things in common. The first of these is the content of their training. The latter encompasses different fields of study, such as management and international trade.
The training offer is accessible post bac after having followed an admission process. The admission tests for future students are still somewhat different, but both consist of written and oral exams. In all cases, the passage through an entrance examination is compulsory:
- IAE message score for Business Administration Institutes
- Sesame exam or ambitions + for business schools for example
The business school and the IAE are known for the importance they attach to international partners. The notion of network is present in both establishments, although the IAEs currently offer fewer partnerships.
Finally, the rate of professional integration is as good in IAE as in business school: they are on average greater than 80%. The gross average salary of former students at the start of their career is quite correct in IAE, since it is 30,000 € on average, comparable to that of a student graduating from a business school.
The differences between IAE and business school
There are still many differences between business schools and IAEs. As mentioned earlier, the first of these is international partnership. Indeed, although IAEs tend to develop this type of partnership, business schools have more.
The major difference concerns the cost of schooling. Business schools, investing more than IAEs to provide quality services and environment to their students, generally cost more. Count from 5,000 to 20,000 € per year in tuition fees for a business school, against 300 € a year for an IAE. There is another reason for this large discrepancy: business schools being private establishments, they do not benefit from state subsidies.
To compensate for these very expensive fees, many business schools grant scholarships to students or allow them to undergo work-study training. In this case, students earn money in business, dividing their time between work in the workplace and learning in school.
Business school opportunities are often more numerous. In fact, the network of major business schools is generally more developed than that of the IAEs. The alumni network is more active there, with a strong sense of belonging to the same community. In addition, the great management schools benefit from a better brand image, because it is older. It is therefore easier for them to use their reputation: they have no trouble getting recognition, in France and abroad. In addition, the majority of business schools have international accreditations.
You understand: although similar at first glance, the IAE and business schools are very different. To sum up, IAEs, more recent than business schools, offer qualitative education, are inexpensive, but do not enjoy the same prestige or the same network as a good business school. The business schools are old, renowned, promote international exchanges and offer their students a certain learning comfort. In addition, they are more expensive and sometimes difficult to access.