What ICHEC Brussels Management School does

ICHEC Brussels Management School is a non-profit higher education institution (ASBL) in Brussels, Belgium, founded in 1954 and operating under the legal entity ASBL Groupe ICHEC-ECAM-ISFSC within the Fédération Wallonie-Bruxelles higher education network. The school delivers bachelor, master, and post-master programs in business management, commercial sciences, business engineering, and tax sciences, offered in both French and English across day and evening formats, serving approximately 3,000 students with a faculty and staff base of roughly 400+.

The institution's portfolio extends beyond degree programs into executive education (ICHEC Formation Continue), a student entrepreneur incubator (Start Lab ICHEC), an interdisciplinary research unit (ICHEC Research Lab), three named research chairs (Innovative Management Practices, Families in Business, and Prosperity and Post-growth in partnership with the University of Liège), alumni services (ICHEC Alumni), and a range of support services including pedagogical support, social services, and a library. Its technology stack is conventional education-IT: a Moodle-based LMS (ICHEC Moodle) with iOS and Android mobile apps, an ICHEC Student virtual office portal for administrative tasks, Microsoft Office 365 Education for the enrolled student body, and a Drupal-based institutional website. The school holds international accreditations including AACSB and CFA, and is a member of CLADEA and Qfor.

Revenue is generated through three primary streams: (1) student tuition fees for bachelor, master, and post-master programs under government-set fee schedules for the 2026-2027 academic year; (2) continuing education and executive programs via ICHEC Formation Continue (including certificates and executive master's degrees); and (3) research grants from ARES (Academy of Research and Higher Education) and the Fédération Wallonie-Bruxelles. Direct enrollment operates through institutional admissions with information sessions and open house events at its two Brussels campuses (Montgomery and Anjou). The institution completed its first carbon footprint assessment in 2025 (3,813 tonnes CO2e) and partnered with Tapio on environmental measurement. Revenue figures are not publicly disclosed.

Name

ICHEC Brussels Management School

Legal name

ASBL Groupe ICHEC-ECAM-ISFSC

Website

https://ichec.be

Company type

Private

Founded year

1898

Operating status

Operating

Headcount range

1–10 employees

Short description

ICHEC Brussels Management School is a non-profit higher education institution (ASBL) in Brussels, Belgium, founded in 1954, offering bachelor, master, and post-master programs in business management, commercial sciences, and tax sciences to approximately 3,000 students in French and English, alongside executive education, research, and a student startup incubator.

Ownership category

akta.pro rank

Product category

Higher Education / Business School

NAICS

Colleges, Universities, and Professional Schools (61131), Business and Secretarial Schools (61141)

SIC

Services-Educational Services (8200)

akta.pro primary industry

MBA & Executive MBA Programs (EDAHAHAB)

akta.pro secondary industry

Executive Education & Corporate Programs (Non-degree) (EDAHAHAN)

Keywords

• Higher education management
• Business school programs
• Executive education
• Management research chairs
• Entrepreneurship incubation

Headquarters

HQ city

Brussels

HQ country

Belgium

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Tuition Fees: Revenue from student tuition fees for bachelor, master, and post-master programs. Fee amounts for 2026-2027 academic year are published on the website.
2. Continuing Education Programs: Revenue from ICHEC Formation Continue executive education programs including certificates and seminars for working professionals
3. Research Grants: Funding from government bodies including ARES (Academy of Research and Higher Education), Fédération Wallonie-Bruxelles for research projects

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

ICHEC delivers higher education programs in business management, business engineering, and commercial sciences at bachelor, master, and post-master levels, in both French and English. The school supplements degree programs with executive education (ICHEC Formation Continue), an entrepreneurship incubator (Start Lab ICHEC), a research lab with three named chairs, alumni services, and a library, all supported by an in-house Moodle-based e-learning platform.

Product overview

ICHEC Brussels Management School is a higher education institution offering a portfolio of degree programs and institutional services organized across three tiers: Bachelor (Bachelier), Master, and Post-Master levels. The core educational offerings include management, business engineering, and commercial sciences programs in both French and English. These are delivered through a technology stack anchored by the ICHEC Moodle e-learning platform (with a mobile app) and the ICHEC Student virtual office portal. Beyond degree programs, the school operates several specialized sub-brands and units: ICHEC Formation Continue (executive education), Start Lab ICHEC (student entrepreneur incubator), ICHEC Research Lab (research coordination), ICHEC Alumni (alumni platform), and the Bibliothèque (library). Three named research chairs — Chaire en Pratiques Managériales Innovantes, Chaire Familles en Entreprises, and Chaire Prospérité et Post-croissance — anchor the school's research identity. The ICHEC Culture and Creative Hub extends continuing education into creative industries, while support services include the Service d'Aide à la Réussite, Student Social Service, and the Maison du Repreneuriat for business succession. The TRACE Support Programme represents an internationally funded SME acceleration initiative. Together these form a platform of interconnected educational, research, incubation, and support services.

Differentiator

Problem solved

Functional benefit

Brands

• Start Lab ICHEC: Student entrepreneurship incubator supporting student entrepreneurs with resources and guidance
• ICHEC Research Lab (IRL)
• Chaire en Pratiques Managériales Innovantes
• Chaire Familles en entreprises
• Chaire Prospérité et Post-croissance
• Responsible Management Award
• ICHEC Moodle
• ICHEC Student
• ICHEC-News Magazine

Products and services

• Bachelor's Degree Programs (Bachelier) Three-year undergraduate programs including Bachelier en gestion de l'entreprise (day and evening), Bachelier - Ingénieur commercial, and preparatory courses, taught in French and English at the Montgomery and Anjou campuses in Brussels.
• Master's Degree Programs Master-level programs including Master en gestion de l'entreprise (with triple-degree ICHEC-UCL-ULB option), Master en sciences commerciales (day and evening), Master - Ingénieur commercial, Master's degree in Business Management - International Track, Master's degree in Management Sciences - English Track, and Master - Business Analyst en alternance (ICHEC-ECAM partnership).
• Post-Master Programs Post-master qualifications including the Diplôme complémentaire en gestion, Master en enseignement section 5: sciences économiques (teacher training), and the École Supérieure des Sciences Fiscales (ESSF) for fiscal sciences specialization.
• ICHEC Formation Continue (Executive Education) Executive education division offering continuing professional development programs, including certificates (e.g., Certificate in Leadership) and executive master's degrees (e.g., Executive Master in People Management & Leadership), delivered via a dedicated website and evening sessions.
• Start Lab ICHEC (Entrepreneurship Incubator) Incubator for ICHEC student entrepreneurs, providing resources, guidance, and information sessions to help students develop their business projects.
• TRACE Support Programme European Commission-funded support programme co-coordinated by ICHEC for tourism and culture SMEs, offering training, consultancy, grants of up to €7,200, and environmental certification support across Belgium, Spain, Romania, Italy, and Cyprus.
• ICHEC Alumni Network Alumni platform and association serving ICHEC graduates and maintaining connections with the institution, celebrating its 65th anniversary in 2025-2026.
• Corporate Recruitment Services Recruitment service enabling companies to access ICHEC students and graduates for internships and employment opportunities.
• ICHEC Moodle E-Learning Platform E-learning platform providing students access to course sites developed by professors, containing course notes, exercises, links, forums, and an electronic notice board for schedules, classroom changes, and work deadlines. Accessible both inside and outside ICHEC premises, with a mobile app for iOS and Android.

Quantifiable outcome

• One in two ICHEC graduates finds employment within one month of graduation
• +2 more outcomes

Named customers6 records

Segments1 record

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature3 records

Partnerships

13 partnerships are on record, tiered core and minor.

• UCLouvaincoreStrategic or Co-development Partner · 27 October 2026Co-hosting CIFEPME 2026 (18th International Francophone Conference on Entrepreneurship and SMEs) marking 30th anniversary of AIREPME. Marine Falize and Laurent Lahaye (ICHEC) serve as co-chairs of organizing committee; Roxane De Hoe (ICHEC) co-chairs scientific committee.
• Université catholique de Bukavu (UCB)coreStrategic or Co-development Partner · 1 September 2026Partner in PMEF Kivu project along with UCLouvain and UMons, focusing on resilience of family SMEs in Kivu region through research and doctoral training
• CNR ISPC (Institute of Heritage Science)coreStrategic or Co-development Partner · 20 February 2025Coordinator of TRACE project - European initiative co-funded by European Commission under Single Market Programme. ICHEC is consortium partner providing training and consultancy support to tourism and culture SMEs for circular business strategies
• Iniziativa Cube S.r.l.minorStrategic or Co-development Partner · 20 February 2025TRACE project consortium partner supporting SMEs in sustainability transformation across Belgium, Spain, Romania, Italy, and Cyprus
• North-East Romania Development AgencyminorStrategic or Co-development Partner · 20 February 2025TRACE project consortium partner providing SME support in Romania under EU-funded sustainability initiative
• TapiominorStrategic or Co-development Partner · 1 January 2024Company collaborated with ICHEC for first institutional carbon footprint assessment measuring 3,813 tonnes CO2e total emissions
• UCLouvain – Louvain School of ManagementcoreStrategic or Co-development PartnerMember of Beyond Competition - unprecedented alliance between Belgian business schools including Solvay, Warocqué, Ghent University, and Antwerp Management School to address major societal challenges transcending institutional barriers
• University of LiègecoreStrategic or Co-development PartnerPartnership for Chair for Prosperity and Post-growth examining society where economic growth pursuit is set aside for social and environmental well-being. Key figures include Géraldine Thiry and Philippe Roman from ICHEC, Kevin Maréchal and Sybille Mertens from ULiège
• ARES (Academy of Research and Higher Education)coreOthersFunding body supporting ICHEC research projects including RECAPES-B (institutional capacity-building in Benin), PMEF Kivu (family SMEs in Congo), and Fresqu'EDD (pedagogical practices evaluation)
• Fédération Wallonie-BruxellescoreOthersFunding body for FRHE scheme supporting research in Haute Écoles including FRiSBEE (entrepreneur health and wellbeing) and FIDDLE (green bonds) projects
• University of Parakou (Benin)coreStrategic or Co-development PartnerPartner in RECAPES-B project strengthening research capacities in social entrepreneurship in Benin, collaborating with colleague from London School of Economics
• London School of EconomicscoreStrategic or Co-development PartnerAcademic collaborator on RECAPES-B project for social entrepreneurship research in Benin alongside University of Parakou
• EPHECminorStrategic or Co-development PartnerJoint initiative 'Maison du Repreneuriat' dedicated to supporting business buyers and sellers at every stage of their succession journey

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Antwerp Management School: Flemish-based Belgian management school and Beyond Competition alliance member offering master's and executive programs, competing for the same corporate recruitment and executive education segments nationally.
• Vlerick Business School: Renowned Belgian business school with executive education, MBA, and master's programs; a direct competitor for Belgian and international students and a benchmark for ICHEC's continuing education arm.
• HEC Liège (University of Liège): Wallonia-based business school affiliated with ULiège, partner to ICHEC on the Post-growth Chair, offering management programs in French and competing for the same Wallonia-Brussels student population.
• Solvay Brussels School of Economics and Management: Brussels-based business school and Beyond Competition alliance member offering undergraduate and graduate management programs in the same language community and competitive recruitment pool as ICHEC.
• Warocqué School of Business and Economics (UMons): Belgian business school member of the Beyond Competition alliance serving the Wallonia market with comparable management curricula and competing for the same student recruitment channels.
• UCLouvain - Louvain School of Management: Belgian business school operating within the Wallonia-Brussels Federation, a direct partner of ICHEC via the triple-degree programme and Beyond Competition alliance, serving the same domestic student market with comparable management degree programs.

Others

• ICHEC Culture and Creative Hub: Listed for context — ICHEC's continuing education sub-brand focused on cultural and creative industries, included only to map ICHEC's broader portfolio.
• Start Lab ICHEC (incubator): Listed for context — ICHEC's student entrepreneurship incubator, included only to capture ICHEC's full subsidiary ecosystem alongside its degree-bearing operations.
• ICHEC Formation Continue (executive arm): Listed here for context — this is ICHEC's own continuing education subsidiary, included only to acknowledge it sits alongside the broader Belgian executive education market where peers like Vlerick and Solvay compete.

Broad incumbents

• Ghent University - Faculty of Economics and Business Administration: Large Flemish university offering economics and business programs, part of the Beyond Competition alliance, representing a broader incumbent that competes for top-tier Belgian students and research funding.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/ichec-brussels-management-school

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ICHEC Brussels Management School