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HEC Lausanne
HEC Lausanne (standing for ''Faculté des Hautes études commerciales''), also called the Faculty of Business and Economics of the University of Lausanne, is the affiliated business school of the University of Lausanne. Since 1911, HEC Lausanne has been developing teaching and research in the field of business and economics. HEC Lausanne offers Bachelor’s, Master’s, and PhD degrees, as well as executive education, professional certification, and professional development programs, including a part-time Executive MBA, short, open courses, and tailor-made programs for organizations. It is considered as one of the 3 leading Swiss business schools, alongside the University of St. Gallen, and the IMD (International Institute for Management Development), also based in Lausanne. History In 1537, the Academy of Lausanne was founded as a school of theology. In 1890, the Academy of Lausanne received the status of a University; economics was taught within the Faculty of Law. This pe ...
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Public University
A public university, state university, or public college is a university or college that is State ownership, owned by the state or receives significant funding from a government. Whether a national university is considered public varies from one country (or region) to another, largely depending on the specific education landscape. In contrast a private university is usually owned and operated by a private corporation (not-for-profit or for profit). Both types are often regulated, but to varying degrees, by the government. Africa Algeria In Algeria, public universities are a key part of the education system, and education is considered a right for all citizens. Access to these universities requires passing the Baccalaureate (Bac) exam, with each institution setting its own grade requirements (out of 20) for different majors and programs. Notable public universities include the Algiers 1 University, University of Algiers, Oran 1 University, University of Oran, and Constantin ...
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Lausanne School
The Lausanne School of economics, sometimes referred to as the Mathematical School, refers to the neoclassical economics school of thought surrounding Léon Walras and Vilfredo Pareto. It is named after the University of Lausanne, at which both Walras and Pareto held professorships. Polish economist Leon Winiarski is also said to have been a member of the Lausanne School. Background The term Lausanne School was first coined by the mathematician Hermann Laurent in his article ''Petit traite d'economie politique mathematique'' (''Small Treatise on Mathematical Political Economy''). The central feature of the Lausanne School was its development of general equilibrium theory. Laurent's article presented a simplified version of this theory. Lausanne School is also associated with the Italian School and the Paretian School, which were based on the works of Pareto. Italian economic historians have adopted Luigi Einaudi's description that the age of the Lausanne School in Italy shoul ...
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Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Japanese holding company, Nikkei, Inc., Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson plc, Pearson sold the publication to Nikkei for Pound sterling, £844 million (US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. In 2023, it was reported to have 1.3 million subscribers of which 1.2 million were digital. The newspaper has a prominent focus on Business journalism, financial journalism and economic analysis rather than News media, generalist reporting, drawing both criticism and acclaim. It sponsors an Financial Times and McKinsey Business Book of the Year Award, annual book ...
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Econometrics
Econometrics is an application of statistical methods to economic data in order to give empirical content to economic relationships. M. Hashem Pesaran (1987). "Econometrics", '' The New Palgrave: A Dictionary of Economics'', v. 2, p. 8 p. 8–22 Reprinted in J. Eatwell ''et al.'', eds. (1990). ''Econometrics: The New Palgrave''p. 1 p. 1–34Abstract ( 2008 revision by J. Geweke, J. Horowitz, and H. P. Pesaran). More precisely, it is "the quantitative analysis of actual economic phenomena based on the concurrent development of theory and observation, related by appropriate methods of inference." An introductory economics textbook describes econometrics as allowing economists "to sift through mountains of data to extract simple relationships." Jan Tinbergen is one of the two founding fathers of econometrics. The other, Ragnar Frisch, also coined the term in the sense in which it is used today. A basic tool for econometrics is the multiple linear regression model. ''Econome ...
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École Polytechnique Fédérale De Lausanne
The École Polytechnique Fédérale de Lausanne (, EPFL) is a public university, public research university in Lausanne, Switzerland, founded in 1969 with the mission to "train talented engineers in Switzerland". Like its sister institution ETH Zurich, EPFL is part of the ETH Domain, Swiss Federal Institutes of Technology Domain which groups several universities and research institutes under the Federal Department of Economic Affairs, Education and Research. As of 2024, EPFL enrolled 14,012 students from over 130 countries. EPFL has an Lausanne campus, urban campus that extends alongside Lake Geneva, and includes the Swiss Innovation Park, EPFL Innovation Park as well as university research centers and affiliated laboratories. History The roots of modern-day EPFL can be traced back to the foundation of a private school under the name ''École spéciale de Lausanne'' in 1853 at the initiative of Louis Rivier, a graduate of the and John Gay, the then professor and rector ...
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Swiss Finance Institute
The Swiss Finance Institute (SFI) is an institute organized as a non-profit foundation. Its purpose is to competitively foster university institutions and networks in research and teaching, aimed at strengthening the position of Switzerland's science and financial sectors. Created in 2006 as a public–private partnership, SFI is a common initiative of the Swiss finance industry, leading Swiss universities, and the Swiss Confederation. According to the W. P. Carey School of Business, the SFI is considered one of the top financial research institutions worldwide, based on the number of articles published in renowned academic journals. History The institute was formed in 2005 under the auspices of the Swiss Bankers Association through the merger of its predecessor institutions: the Centre International FAME pour la Gestion de Patrimoine et l'ingénierie Financière (CFAME), the Swiss Banking School Foundation, and the Banking and Finance Foundation at the University of Zurich. It w ...
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Economy Of Switzerland
The economy of Switzerland is one of the world's most advanced and a Developed country, highly-developed free market economy. The economy of Switzerland has ranked first in the world since 2015 on the Global Innovation Index and third in the 2020 Global Competitiveness Report. According to United Nations data for 2016, Switzerland is the third richest landlocked country in the world after Liechtenstein and Luxembourg. Together with the latter and Norway, they are the only three countries in the world with a List of countries by GDP (nominal) per capita, GDP per capita (nominal) above US$90,000 that are neither island nations nor ministates. Among OECD nations, Switzerland holds the 3rd-largest GDP per capita. Switzerland has a highly efficient and strong Public Welfare Policy in Switzerland, social security system; social expenditure stood at Welfare state#Effects, roughly 24.1% of GDP. History 19th century Switzerland as a federal state was established in 1848. Before that ti ...
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Banking In Switzerland
Banking in Switzerland dates to the early 18th century through Switzerland's merchant trade and over the centuries has grown into a complex and regulated international industry. Banking is seen as very Culture of Switzerland, emblematic of Switzerland and the country has been one of the largest, if not largest, Offshore financial centre, offshore financial centers and tax havens in the world since the mid-20th century, with a long history of banking secrecy, security and client confidentiality reaching back to the early 1700s. Starting as a way to protect wealthy European banking interests, Swiss banking secrecy was codified in 1934 with the passage of a landmark federal law, the Federal Act on Banks and Savings Banks. These laws were used to protect assets of persons being persecuted by Nazi authorities but have also been used by people and institutions seeking to Tax evasion, illegally evade taxes, hide assets, or to commit other financial crime. Controversial protection of ...
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Lake Geneva
Lake Geneva is a deep lake on the north side of the Alps, shared between Switzerland and France. It is one of the List of largest lakes of Europe, largest lakes in Western Europe and the largest on the course of the Rhône. Sixty percent () of the lake belongs to Switzerland (the cantons of Vaud, Canton of Geneva, Geneva and Valais) and forty percent () to France (the department of Haute-Savoie). Name While the exact origins of the name are unknown, the name was in use during the time of Julius Caesar. comes from Ancient Greek () meaning "port's lake". In Medieval Latin it was known as , although this name was also used for Lausonius Lacus, a town or district on the lake, or ; the equivalent in Old French was . Following the rise of Geneva it became (translated into English as ''Lake Geneva''), but was the common name on all local maps and is the customary name in the French language. In contemporary English language, English, the name ''Lake Geneva'' has become predo ...
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Swiss National Bank
The Swiss National Bank (SNB; ; ; ; ) is the central bank of Switzerland, responsible for the nation's monetary policy and the sole issuer of Swiss franc banknotes. The primary goal of its mandate is to ensure price stability, while taking economic developments into consideration. The SNB is an ''Aktiengesellschaft'' under special regulations and has two head offices, one in Bern and the other in Zürich. History The bank formed as a result of the need for a reduction in the number of commercial banks issuing banknotes, which numbered 53 sometime after 1826. In the 1874 revision of the Federal Constitution it was given the task to oversee laws concerning the issuing of banknotes. In 1891, the Federal Constitution was revised again to entrust the Confederation with sole rights to issue banknotes. 1905 foundation The Swiss National Bank was founded under the law of 6 October 1905 ('the National Bank Act'), which entered into force on 16 January 1906. Business was started on 20 ...
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François Schaller
François Schaller (1928–2006) was a Swiss Swiss most commonly refers to: * the adjectival form of Switzerland * Swiss people Swiss may also refer to: Places * Swiss, Missouri * Swiss, North Carolina * Swiss, West Virginia * Swiss, Wisconsin Other uses * Swiss Café, an old café located ... economist. 1928 births 2006 deaths Swiss economists Academic staff of the University of Lausanne {{Switzerland-economist-stub ...
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