Toulouse School of Economics

What Toulouse School of Economics does

Toulouse School of Economics (TSE) is a French public higher education and research institution specialized in economics and quantitative social sciences, founded in 2006 and operating from a flagship Grafton Architects-designed building in Toulouse since 2019. It delivers a vertically integrated academic portfolio spanning three-year Licence (Bachelor) programs, two-year Master's programs (standard and international tracks taught 70%/100% in English), a newly launching three-year Diplôme de TSE Master of Science, a PhD program in Economics, Executive Education, and a Toulouse Summer School in Quantitative Social Sciences. The institution is governed through three interlocking entities: the TSE Grand Etablissement (EPSCP) managing education since 2023, the Jean-Jacques Laffont Foundation steering strategy and holding endowment capital from two private fundraising campaigns (2007, 2016), and the UMR TSE-R mixed research unit supervised jointly with CNRS, INRAE, and EHESS. Research is organized through six thematic centers (Energy & Climate, Digital, Sustainable Finance, Health, Infrastructure & Network, Competition Policy & Regulation), the interdisciplinary IAST across 10 social and behavioral science disciplines, and the TSE Lab for experimental economics.

The institution serves approximately 2,000 students from 80 nationalities and employs 150-170+ international faculty (30% international, including 2014 Nobel laureate Jean Tirole), with the remainder comprising ~100 doctoral students, ~100 engineers/managers/technicians/assistants, and an administrative team. It is ranked 1st in France and 15th worldwide in the Shanghai Economics Ranking 2025, 8th-9th worldwide by RePEc, and among the top 3 European beneficiaries of ERC grants in economics. Revenue is not publicly disclosed and is generated through three streams: heavily regulated tuition (€178-€5,754 per year depending on program track and nationality, with new differentiated fees for non-EU students), competitive research grants (ERC, LABEX, ANITI), and private donations/returns on the JJL Foundation endowment from institutional donors including CDP, SCOR, Microsoft, ACPR, Banque Centrale du Luxembourg, and others. The GTM motion is direct-to-consumer, recruiting students through Parcoursup, Mon Master, eCandidatures, Campus France partnerships, and the BLSES competitive entrance exam. Graduate outcomes are strong, with 90% employment within six months, 60% entering private-sector companies, 20% public institutions, and 20% pursuing PhDs.

Name

Toulouse School of Economics

Legal name

FONDATION JEAN JACQUES LAFFONT TOULOUSE SCIENCES ECONOMIQUES

Website

https://tse-fr.eu

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

251–500 employees

Short description

Toulouse School of Economics is a public French higher education and research institution specializing in economics and quantitative social sciences. It serves approximately 2,000 students from 80 nationalities through undergraduate, master's, doctoral, and executive education programs, supported by 150+ international faculty.

Ownership category

akta.pro rank

Product category

Higher Education - Economics

NAICS

Colleges, Universities, and Professional Schools (611310), Colleges, Universities, and Professional Schools (6113)

SIC

Services-Educational Services (8200)

akta.pro primary industry

Finance, Accounting & Economics Schools (EDAHAHAD)

Keywords

• Economics education
• Graduate programs
• Doctoral research
• Executive training
• Quantitative social sciences

Headquarters

HQ city

Toulouse

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Tuition and Registration Fees: Public higher education institution with regulated tuition fees. European students pay standard registration fees (144 EUR for Bachelor, 220 EUR for Master). Non-EU students pay differentiated fees (2,895 EUR Bachelor, 3,941 EUR Master). International track Master students pay additional 5,500 EUR training fees.
2. Research Grants and Funding: TSE receives European Research Council (ERC) grants, French government funding through LABEX designation, and ANITI (Artificial Intelligence Institute) funding.
3. Private Donations: The Jean-Jacques Laffont Foundation manages private fundraising campaigns and donor relations, supporting TSE through return on capital from unique amount in France from private fundraising campaigns.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels7 records

Core offering

Toulouse School of Economics is a public higher education and research institution delivering undergraduate (Licence), graduate (Master's, including the new 3-year Diplôme de TSE Master of Science), doctoral (PhD), Executive Education, and Summer School programs in economics and quantitative social sciences. It also operates a portfolio of thematic research centers (Energy & Climate, Digital, Sustainable Finance, Health, Infrastructure & Network, Competition Policy & Regulation), the interdisciplinary Institute for Advanced Study in Toulouse (IAST), an experimental economics lab (TSE Lab), and a Data & Computing Center.

Product overview

Toulouse School of Economics is a world-renowned higher education and research institution offering a comprehensive portfolio of academic programs and research centers. The core educational offerings include undergraduate programs (Licence), Master's programs with multiple tracks (standard and international), the new 3-year Diplôme de TSE – TSE Master of Science, PhD/doctoral programs, Executive Education, and Summer School programs. Research is conducted through specialized thematic centers including Energy & Climate, Digital, Sustainable Finance, Health, Infrastructure & Network, and Competition Policy & Regulation, alongside the interdisciplinary Institute for Advanced Study in Toulouse (IAST), TSE Lab for experimental economics, and a Data & Computing Center.

Differentiator

Problem solved

Functional benefit

Brands

• TSE Energy & Climate Center: Research center focused on energy economics and climate policy
• TSE Digital Center
• TSE Sustainable Finance Center
• TSE Health Center
• TSE Infrastructure & Network Center
• TSE Competition Policy & Regulation Center
• TSE-P (TSE Partnerships Foundation)
• Institute for Advanced Study in Toulouse (IAST)
• TSE Lab
• UMR TSE-R
• TSE Building

Products and services

• Undergraduate Programs (Licence)

Quantifiable outcome

• 90% of graduates employed within 6 months of graduation
• +2 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eight partnerships are on record, tiered core and minor.

• Jean-Jacques Laffont - TSE FoundationcoreStrategic or Co-development Partner · 1 January 2007Scientific cooperation foundation created in 2007 as part of State tender for projects. Steers TSE's overall strategy and contributes financial and human resources through capital from two private fundraising campaigns. Houses TSE-P (partner-based research) and IAST (multi-disciplinary research). Board members are 85% external, Scientific Council 100% external.
• CNRS (Centre National de la Recherche Scientifique)coreStrategic or Co-development PartnerFrench scientific research institute supervising TSE researchers and teacher-researchers in economics and mathematics as part of UMR TSE-R mixed research unit.
• INRAE (Institut national de recherche pour l'agriculture, l'alimentation et l'environnement)coreStrategic or Co-development PartnerFrench research institute for agronomy supervising TSE researchers in the UMR TSE-R mixed research unit.
• EHESS (Ecole des Hautes Etudes en Sciences Sociales)coreStrategic or Co-development PartnerFrench school of higher education in social sciences supervising TSE researchers in the UMR TSE-R mixed research unit.
• Toulouse Capitole University (UTC)coreStrategic or Co-development PartnerPartner university to which TSE is affiliated. TSE is a Grand Etablissement under UTC umbrella. Main contractor for TSE building construction.
• Institute for Advanced Study in Toulouse (IAST)coreStrategic or Co-development PartnerInterdisciplinary research department hosted under JJL Foundation. Cross-frontier scientific program bringing together 10 disciplines: anthropology, biology, economics, history, law, mathematics, philosophy, political science, psychology, and sociology.
• TSE-P (TSE Partnerships Foundation)coreStrategic or Co-development PartnerFoundation under JJL Foundation responsible for TSE's partner-based research activities and industry collaborations.
• ANITI (Artificial Intelligence Institute of Toulouse)minorStrategic or Co-development PartnerArtificial Intelligence institute providing scholarships for students admitted in MED, D3S, or SE Master's programs. Part of French AI research ecosystem.

Scale indicators17 records

Recent moves7 records

Expansion highlights6 records

Emerging players

• CEMFI: CEMFI is a Madrid-based graduate economics institute offering Master's and PhD programs with a strong research reputation. It competes with TSE for European economics graduate students and operates at a smaller but similar research-focused scale.

Direct peers

• Sciences Po: Sciences Po is France's other leading social sciences institution, offering economics and policy programs with strong international reach. It competes directly with TSE for French and international Master's students, policy-oriented research partnerships, and donor support.
• University of Warwick – Department of Economics: Warwick's economics department is one of the UK's leading public university economics programs with strong research output and graduate programs. It competes with TSE for European and international economics graduate students and research visibility.
• Stockholm School of Economics: Stockholm School of Economics is a leading Nordic business and economics school with international Master's and PhD programs. It overlaps with TSE in talent pool, executive education offerings, and European corporate donor relationships.
• Paris School of Economics (PSE): PSE is a Paris-based economics research and graduate training center combining EHESS, ENS, and other French institutions. It is the closest French peer to TSE, competing for the same Nobel-track faculty, ERC grants, and top international PhD candidates.
• Barcelona School of Economics (BSE): BSE is a Spain-based graduate economics institute combining multiple universities and offering Master's and PhD programs. It competes with TSE for European economics Master's applicants, research talent, and partnership-based research funding.
• Bocconi University: Bocconi is a top European private university specializing in economics, management, and finance with a global applicant pool. It competes with TSE for European economics Master's talent, executive education clients, and corporate-funded research partnerships.
• London School of Economics and Political Science (LSE): LSE is a global top-5 economics department offering undergraduate, Master's, and PhD programs with a similarly strong international faculty and donor base. It competes with TSE for top international students, Nobel-track faculty, and global employer recruiting in economics and finance.
• University of Bonn – Department of Economics: The University of Bonn economics department is a leading German public university economics program with a strong track record in research and graduate training. It is one of TSE's principal European public-university peers for ERC-funded research and PhD placement.

Regional players

• University of Zurich – Department of Economics: The University of Zurich economics department is a top Swiss public university program offering Master's, PhD, and research outputs in economics. It overlaps with TSE in continental European economics research standing and graduate student recruitment.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/TSECHANNEL
• LinkedInlinkedin.com/company/toulouse-school-of-economics
• Instagraminstagram.com/tse_toulouse
• TikToktiktok.com/@toulouseschooleconomics
• Xx.com/tseinfo
• Facebookfacebook.com/toulouseschoolofeconomics

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Toulouse School of Economics