EXCLUSIVE – Albert School, the new business and data school, raised 8 million from unicorns

It doesn’t exist yet, but it is already surrounded by big names: Xavier Niel (Illiad), Bernard Arnault (LVMH), Pierre-Edouard Stérin (Smartbox)… The army of Albert School supporters continues to grow, from the future The data-oriented business school has announced a new fundraising of eight million euros, including the eight founders of the French unicorn. These new partners include Payfit, Veepee, Contentsquare, VestiaireCollective, Voodoo, Jellysmack, as well as ManoMano.

The project for this new establishment: “create the economic talents of tomorrow”, as explained by Grégoire Genest. Together with his two partners, this Polytechnician, formerly an entrepreneur (Neos, a payment solution sold on Lyf Pay), devised a training course for managers, both business and data-oriented.

“The economy has been completely transformed by technology, with start-ups becoming unicorns for some. It’s also affecting large groups, who need talent as part of their digital transformation. We’ve been in quick contact with French entrepreneurs, especially to the creators of unicorns, who love the project ”, he explains, emphasizing the need for well-trained technology profiles, the lack of which is well known in the job market. Purpose: respond to it, with hybrid profiles between business and data.

60 students in the first class

So, what will this school look like in the future? The Albert School will open next September, with the first Parisian campus of 2,700 square meters, located in a former earthenware factory in the 10th arrondissement.

For their first bachelor promotion, the three co-founders aim to start with 60 students. Pretty special profiles, definitely! “We’re recruiting high school graduates with a real connection to math, who are also attracted to the business world. They don’t see themselves becoming an engineer, but they also don’t want to miss out on data and math in the math sector. commerce ”, says Grégoire Genest. Recruitment is done outside of Parcoursup, with an online exam and an oral interview.

Each semester of this bachelor will develop three main blocks: data, math and business, with a mandatory internship of at least 5 months in a company in the third year. Following this bachelor’s degree, the Albert School plans four master’s degrees: “entrepreneurship”, “blockchain & web3”, “finance & AI” and “marketing & AI”.

The school has not yet decided which of these four themes will open first. “The first year of one of these will be held at the beginning of the 2023 academic year, according to the relevance and preferences of our students”, says the founder. The bachelor’s degree “business and data”, for three years, has a level 6 RNCP degree, certifying the equivalent bac+3.

Fund and convince

Cost of this new school: 12,000 euros per year. To reduce the bill, the establishment proposes to carry out the third year of the bachelor, as well as the master’s degree in work-study, in connection with one of its partners.

“These seven unicorns that the founders have invested in all have recruitment needs over the next few years. They love alternating, because they need talents now. This will allow our students to do the their first steps in business, while financing their education », commented Grégoire Genest. Thus, the first two years are the only “paying” years for young people. The school has developed partnerships with banks and prepares scholarships for those in need.

The campus, which will open in September 2022, is based at 18 rue de Paradis, in the 10th arrondissement of Paris. On the menu: math, data, business (finance and marketing), and humanities (communication, change management, AI ethics).

How to convince parents when creating a new school in competitive higher education? “Before, there were high-level teachers! Our math teacher, for example, went to Polytechnique and Berkeley, and became a data scientist. That data co-founded Dailymotion and teaches python in Sciences Po … On business topics, our speakers work in marketing, finance, and are also professors in primary schools », explains Grégoire Genest. Another key argument, its shareholders and partners, is that the names are intended to be reassuring for concerned parents.

Goal: eventually attract 160 students per class, i.e. 800 students in total. It now remains for this new school to prove itself, both in terms of pedagogy and professional integration.

Leave a Comment