It does not exist yet, and yet it is already surrounded by big names: Xavier Niel (Illiad), Bernard Arnault (LVMH), Pierre-Edouard Stérin (Smartbox) … The army of supporters at the Albert School continues to grow, since the future College announced Running a data-oriented business on a new eight million euro fundraising, by eight French unicorn founders. These new partners include Payfit, Veepee, Contentsquare, VestiaireCollective, Voodoo, Jellysmack and ManoMano.
The project of this new facility: “Creating the Talents of Tomorrow’s Economy”, as Grégoire Genest explains. With his partners, imagine this polytechnic, who was already an entrepreneur in the past (Neos, a payment solution sold to Lyf Pay), a training course for managers, both in business and data.
“The entire economy has been changed by technology, with startups becoming unicorns for some. This is also affecting large groups that need talent as part of their digital transformation. French entrepreneurs quickly contacted us, particularly the unicorn creators, who loved the project. “He explains, stressing the need for well-trained technical profiles, the lack of which is well known in the job market. Its goal: to respond to this, with mixed business and data profiles.
60 students in first grade
So, what will this futuristic school look like? The École Albert will open its doors next September, with its first Parisian campus of 2,700 square metres, located in a former pottery factory in the 10th arrondissement.
In their first bachelor’s degree promotion, the three founders aim for 60 students to start. Somewhat special features, specifically! “We hire high school graduates who have a real affinity for mathematics, who are also drawn to the business world. They don’t see themselves becoming an engineer, but they don’t want to miss out on data and math in the commercial sector either”, says Gregoire Genest. Recruitment takes place outside of Parcoursup, through an online test and an oral interview.
Each semester of this Bachelor will consist of three main groups: Data, Mathematics and Business, with a mandatory internship of at least 5 months in a company in the third year. After this bachelor’s degree, the Albert School plans four master’s degrees: “Entrepreneurship,” “blockchain & web3,” “Finance and Artificial Intelligence,” and “Marketing and Artificial Intelligence.”
The school has not yet decided which of these four subjects will be opened first. “The first year for one of them will start at the beginning of the school year 2023, according to the affiliations and desires of our students”, notes the founder. The Bachelor’s degree in “Business and Data”, over three years, has a title of RNCP Level 6, certifying the equivalent of Bac+3.
Funding and Persuasion
The cost of this new school: 12,000 euros per year. To reduce the bill, the Foundation proposes to complete the third year of a Bachelor’s as well as a Master’s degree in work-study in relation to one of its partners.
“These seven companies whose founders have all invested in hiring needs over the next few years. They are fond of taking turns, because they need talent now. This will allow our students to take their first steps in business while financing their studies », Comments by Gregoire Genest. So the first two years will be the only “push” for young people. The school has established partnerships with banks and prepares scholarships for those who need it.
How do you convince parents when setting up a new school in a competitive higher education? “Really, with top-level teachers! Our math teacher, for example, went to Polytechnic and Berkeley, and was a data scientist. That co-founded Dailymotion and teaches python at Sciences Po… In terms of business, our speakers work in marketing. and finance, and they are also professors in major schools »Grégoire Genest explains. Another key argument, shareholders and partners, whose names are meant to reassure anxious parents.
The goal: to attract 160 students in the class at the end, that is, 800 students in total. It now remains for this new school to establish itself, both in terms of pedagogy and professional integration.