M2 International Business & Diplomacy



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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.

This Master’s program has been updated to address new issues such as the global impact of the health crisis and new visions of globalization,
less centered on free trade agreements. It focuses on Diplomacy-Business synergies for economic development.

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 :

LOGO ESCE 300x76 M2 International Business & Diplomacy

Certification of HEIP programs. 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. 


This seminar focuses on the fundamentals of geo-economics: international financial institutions, the major powers (United States, China, Japan, European Union-EU) and the convergence/divergence of their economic interests, the place of emerging economies, the impact of crises, particularly the health crisis, while providing a method of analysis of the components of country risk. The seminar also addresses the major challenges for global economic equilibrium: energy resources, sustainable development, the major impact of demographics, in particular the ageing of populations, and the unprecedented increase in inequalities throughout the world.

This seminar addresses the development strategies of states in terms of their international component, in particular agricultural, energy and industrial policies, and the role of economic stakeholders in asserting their interests within this framework (lobbying). It also covers crisis exit strategies (including the exit strategy for the health crisis), making it possible to fine-tune analysis of country risk (role of banks and rating agencies). In this context, the seminar focuses on the economic intelligence approach, through the example of 5G and the EU’s positioning vis-à-vis China. It also discusses the new relationship between the EU and the UK and the consequences of Brexit for European companies.

International economic cooperation is multifaceted and concerns all public entities: the State, local authorities and development banks. It impacts all sectors and is increasingly involved in health policies. The regulation of international financial flows is a new priority, in the face of the emergence of new monetary units (bitcoin) and the rise of GAFAM. The policy of trade liberalization (WTO, free trade agreements) is now challenged by the return of the aspiration to sovereignty, including health sovereignty. The seminar also addresses the rise of «green diplomacy» and,
more generally, the «soft power» of cultural, sports and tourism diplomacy.

This seminar presents «business diplomacy», i.e. the strategies of companies to conquer positions worldwide, in all their diverse forms: commercial development, investments, public-private partnerships (PPP). It examines the support of economic diplomacy, with all its tools: political support and use of cultural «soft power», technical support, deployment of financial tools. There will be a particular focus on support for the internationalization of SMEs and ETI, leading to an understanding of the missions of Business France and the chambers of commerce in foreign markets.

This seminar addresses the impact of the COVID crisis on the acceleration of digital technology worldwide. The growing awareness of the importance of innovation is becoming a major dimension of the international economic strategy of States, as shown by the protection of patents or the emphasis placed on renewable energies. It is also a significant feature of economic diplomacy: the seminar analyzes the components of the French Tech initiative and its financial implications for Fin Tech. It reviews the impact of innovation on development policies, trade policies and international financial cooperation.

This seminar addresses the overall concept of a country’s economic attractiveness, and the galaxy of potential investors, including multinational companies, sovereign wealth funds, pension funds, and venture capitalists (VCs). It provides a better understanding of the tools used by economic diplomacy to enhance attractiveness, and the role of diplomatic «soft power» to achieve  this. It also shows how an embassy organizes its work of boosting attractiveness.

This seminar deals with intercultural management, both within teams and in relations with foreign entities, in order to study the ways to achieve successful negotiations and partnerships. It also demonstrates the importance of State-company synergies in overcoming international crises. Finally, it provides a general assessment of economic diplomacy and its contribution to the international influence of companies.

  • Work study program

    • This year can be realised on a work study program basis with a traditional internship agreement. To know more about it, you can contact Laure Barreteau at lbarreteau@inseec.com

pierre mourlevat 150x150 M2 International Business & DiplomacyProgram Director: Pierre Mourlevat, with the participation of Philippe Tauzin, project adviser

Mr. Mourlevat (Institut d’Etudes Politiques de Paris, Ecole Nationale d’Administration) is general auditor at the Ministry of Finance. He is a former economic and financial counsellor at the Treasury Department, Ministry of Economy and Finance. He served as economic counsellor at the French embassy in Seoul, Bangkok, Vientiane, Ankara, Tel Aviv, and as minister counsellor for economic affairs at the French embassy in Alger, Abu Dhabi (responsible for Gulf countries, Yemen, Irak and Iran) and Tokyo. He is also member of the French-Japanese economic forum.

As general auditor he is specialized in public health policies.


Philippe Tauzin (Sciences Po Paris, master’s degree in economics Paris II) is a specialist in international economic, financial and banking affairs. Since 2003, he has taught international economy and finance in various Institutions including HEIP, HEC Paris, Dauphine-PSL and Paris-Descartes, in Bachelor, Master and Executive programs.

  • Prerequisites: holder or in the process of obtaining a diploma validating 4 years of higher education (equivalent to 240 ECTS credits validated or in the process of being validated), Bachelor’s degree (or equivalent) in the field of human, political, economic, legal and social sciences or communication.
  • Admission procedures: If a new student: the candidate obtains the results of the competitive examination 2 weeks after submitting his/her application. If a former HEIP student: the re-registration platform is open from 16 May 2021.
  • Methods used: lectures and tutorials in small groups / e-learning / continuous assessment + end of semester assessments.
  • Pedagogy: all our courses are delivered by university lecturers or professional consultants who are experts in their field.
  • Location and accessibility: the courses take place at 10 rue Sextius Michel 75015 PARIS – premises accessible to people with disabilities.
  • Graduation rate: 92%
  • Graduate employment rate: 86% six months after graduation.
  • Fees: €8,600 (€1090 deposit / €90 CVEC [student and campus life] tax for new students / €50 administrative fee).

Posez vos questions à nos ambassadeurs, étudiants à HEIP

ambassadeurs heip M2 International Business & Diplomacy
  • Manager in a public agency involved in international issues

  • Manager in the international department or in a office abroad-public or private company

  • Expert on international issues in a consultancy firm

  • Manager in a French chamber of commerce in France (international department) and abroad