M2 International Business & Diplomacy

Full English course. flag gb M2 International Business & Diplomacy

Risk Management has become a key process to assess, allocate and manage international risks in a context of increasing uncertainty : it has to take into consideration a large number of factors, for the account or under the control of various actors : companies, customers, governments, shareholders and stakeholders (NGOs).

The first aim of this course is to provide a general understanding of risks, from both an economic and financial perspective, according to the levels of risks attached to corporate strategies and targeted countries. The second aim is to provide a comprehensive understanding of connections between such risks and a general methodology to assess and mitigate them.

Courses and conferences are delivered in English.
Together with the M1 «International Strategy & Economic Development» of ESCE, the M2 delivers a double degree HEIP-ESCE (Grade de Master).

Partnership :

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Certification of HEIP programs. HEIP issues certifications and recognition of diplomas. Our status under the 1875 law on higher education allows us to award diplomas in the same way as public universities : students who have completed a HEIP Bachelor’s degree can, for example, then enroll in other prestigious public institutions such as an IEP, the Sorbonne(…) in France or for a Master’s degree at a university abroad. This status also allows us to attract renowned professors who teach in other prestigious institutions, or diplomats, generals, lawyers, magistrates. All our diplomas awarded at the end or our higher education programs (M2) are certified by the State (recognition of level I, and European level 7).


To know more about the proven skills.


International economic and financial relations are primarily driven by private actors. Alongside globalization, production constraints and international value chains have become more and more complex. The efforts of private actors are supported by public actors in order to promote and foreign trade, inward and outward investments, and co-operations, creating an active form of Private-Public Partnership. Attractiveness has become a key factor of Business Development and a diplomatic challenge including economic intelligence, best practices, ethics, governance and sustainable development.

International economy is driven by value chains and regional dynamics. Each region, as a more or less homogeneous area, tends to develop its competitive edge, through industries, services or commodities and the use of highly specialized global markets. Relevant strategies are based upon a comprehensive understanding of regional dynamics in order to allocate activities and resources. Regions are interdependent and establish preferential co-operations with their neighborhood: interregional cooperation is a key issue of economic diplomacy in a world which tends to become tripolar between the United States, China and the EU.

In an instable and unpredictable context, the assessment of country risks, both political and economic, is a key tool of international business development. It is a prerequisite of risk management which allows actors to take the necessary steps to ensure reasonable risk exposure in the long term. The methodology of country risk is a prospective and dynamic approach encompassing the specificity of country risk among other risks involved in international business, a basic understanding of Sovereign Risk Analysis as undertaken by rating agencies, and the relevance of « Political Risk Insurance” and cofinancing by national and multilateral agencies to mitigate risks.

International Business is also driven by national and international Laws and Regulations. As legal risks are critical in business, especially with an aggressive use of domestic Law against foreign interests and the development of economic sanctions, the understanding and structuration of general legal risks is a key factor of risk management. Main legal systems are in competition and aim at increasing their international influence, as is the case in Africa with OHADA (Organisation pour l’harmonisation en Afrique du droit des affaires). Above national systems, international institutions have developed common principles and practices in order to facilitate trade and investments, worldwide or on a regional basis. A focus on the EU will illustrate the process of legal integration and the main differences with other major players.

International Business represents a generally much higher level of risks than domestic business. Markets, banks, insurance companies, public national and international organizations provide risk mitigation solutions, ranging from short-term to long-term risks, to limit the exposure of exporters and investors. Using such tools in a relevant and cost-effective is a key component of international risk management. They contribute to an efficient structuration of the value chains and protect operators from major political and commercial risks from simple trade finance to much more sophisticated products such as export finance and project finance. They also aim at developing good practices such as the fight against corruption, poverty reduction and sustainable development.

Science and technology represent major challenges in all economic sectors and probably the most relevant approach to manage the future and welfare of populations and together with the protection of the planet. Various sectors will be considered from nanotechnologies to space, from artificial intelligence to transportation. A global world is also a digitalized world, both for production, exchange and finance. They also generate creativity, new business models, lifestyles and cultures. Such evolutions may present ethical risks which must be assessed and, as the case may be, regulated.

Understanding cultures is not just economy and management, it is also a personal development which makes international business more exciting and challenging. It is a link with sociology and psychology. In large international companies, mixing cultures and create value through cultural diversity has become a major challenge. International negotiation requires a good understanding of business cultures and practices. It is not about victories or defeats, it is about building long term viable solutions and co-operations with customers and partners. Crises are unavoidable : crosscultural management and negotiation contribute to the resolution process for the benefit of all parties involved.

  • Planning

    • Work study program combining school and company :
      • 1 week of in-school training / 2 weeks in the company
      • from September, 2020 to February, 2021
    • Full time in the company – 6 months (in France or abroad)
      • from March to August, 2021
      • e-learning
  • Work Study Program

    There are four options for this year :

    • Funded by a company or institution in the framework of :
      •      Apprenticeship contract : the student is employed by a company on a permanent or fixed term contract
      •      Professional Training Contract : the student is employed by a company on a permanent or fixed term contract
    • Funded by student, time spent in the company is in this case an internship, there are two types of contracts:
      •       Traditional internship agreement : The student retains his/her student status and pays his/her own tuition fees.
      •      ‘Convention Missions Entreprise École’ (School – Company Training Agreement): The student retains his/her student status and pays all or part of the tuition fees.

Contact ADMISSIONS: contact@heip.fr / 01 84 14 03 30

Philippe Tauzin HEIP e1545043926427 244x300 M2 International Business & DiplomacyProgram Director: Philippe TAUZIN

Philippe Tauzin (Sciences Po Paris, Maîtrise de Sciences économiques) is a specialist of international economic, financial and banking affairs. His previous functions have been with :

  • The French Ministry of Finance (economic and financial relations with Latin America),
  • Banque Française du Commerce Extérieur (today Natixis), in the Department of long-term export credits, then General Secretariat,
  • Thomson Group (now Thales), as Director of International Development, Strategy, Planning and Communication of a group of engineering subsidiaries,
  • National Westminster Bank, France, as International Director then Head of Structured Finance and Deputy General Manager for France,
  • Consultant in Paris and Washington D.C. in advisory services with International Financial Institutions (primarily World Bank group).

For the last 15 years, he has also taught international economy and finance in various Institutions including HEIP, HEC Paris, Dauphine-PSL and Paris-Descartes, in Bachelor, Master and Executive programs.

  • Méthodes mobilisées : les cours sont des cours magistraux et des cours en TD par petits groupes. Il y a également travaux de groupe + e-learning avec des évaluation à chaque fin de semestre.
  • Intervenants : tous nos intervenants sont des maîtres de conférences ou des intervenants professionnels experts de leur domaine.
  • Les cours ont lieu : 10 rue Sextius Michel 75015 PARIS ou 42 rue Emeriau 75015 PARIS
  • Modalités et délais d’accès: Si nouvel étudiant : le candidat obtient les résultats du concours 2 semaines après avoir présenté son dossier devant un jury. Si ancien étudiant HEIP : la plateforme de réinscription est ouverte du 1er mai au 16 juillet 2021.
  • Accessibilité : les locaux sont accessibles aux personnes à mobilité réduite.
  • Modalités d’évaluation des acquis de la formation : contrôle continu + examens en fin de cursus.
  • Niveau de performance : Pour les master le taux d’insertion dans l’emploi se fait dans les 6 mois après diplomatie soit 86%.
  • Tarifs : M2 8 600€, avec un acompte de réservation de 1100 € / 90€ taxe CVEC si nouvel élève / 50€ frais de dossier), possibilité de financement par l’entreprise d’accueil si l’étudiant trouve un contrat de professionnalisation ou d’apprentissage.

Posez vos questions à nos ambassadeurs, étudiants à HEIP

ambassadeurs heip M2 International Business & Diplomacy
Les grands groupes privés des secteurs agroalimentaires, bancaires, télécoms et high tech, publicité et communication…

Savoir déchiffrer, commenter, influencer les décisions politiques et leurs impacts pour l’activité économique et le développement national et mondial des grands groupes.

  • Responsable des affaires institutionnelles

  • Expert Affaires publiques et lobbying

  • Analyste dans le département Sécurisation et développement international

  • Analyste Politiques européennes

Les cabinets de conseils, structures qui ont développé des services spécialisés dans les activités des pouvoirs publics, nationaux et territoriaux.

Analyser, évaluer et construire des réponses aux problématiques de l’action publique et aussi, cartographier des réseaux d’influence, construire ou répondre à des appels d’offre.

  • Consultant secteur public

  • Consultant Evaluation des politiques publiques