Business Science Institute

What Business Science Institute does

Business Science Institute (BSI) is a Luxembourg-registered non-profit association (ASBL) founded in 2012 by Professor Michel Kalika to deliver Executive Doctor of Business Administration (DBA) and DBA programs to senior executives, managers, and academics worldwide. The institute is distinguished by holding AMBA accreditation — described as the only DBA program in the francophone world to carry this credential, and one of approximately ten DBA programs globally with this status — and by an operating model built around 124+ faculty members supervising 200+ active doctoral students drawn from 52 countries, with programs delivered in French, English, German, and Spanish.

The core product is a multi-year applied doctoral program structured around a published thesis, with thesis defenses (35 new defenses in 2023) and accompanying faculty research output (13 new books published in the same year) as the principal deliverables. The institute has built out eight or more specialized DBA concentrations (including Health, Innovation, AI, and Environment), an online DBA delivered in four languages, and double-degree pathways with partner institutions such as Manchester Metropolitan University, Université Paris-Saclay, and ICN Business School. Supporting infrastructure includes IRAFPA certification, a partnership with Le Sphinx for AI-assisted research tooling, and a May 2024 partnership with CNOEC (the French national council of chartered accountants) targeting accounting professionals.

Revenue is generated primarily through tuition: €27,500 for the standard DBA, €37,500 for double-degree programs, €175 application fees, and €2,500 re-registration fees, supplemented by book royalties and faculty research activities. In January 2025, BSI affiliated with Groupe IGENSIA Education, integrating into a larger French higher-education group and gaining access to expanded distribution, recruitment, and shared services. The customer base is intentionally diversified across banking, insurance, luxury/retail, technology, accounting, and education, with candidates enrolling as individual fee-paying executives rather than via enterprise contracts — a structure that limits single-customer concentration but constrains revenue scalability to cohort throughput.

Name

Business Science Institute

Legal name

BSI Luxembourg ASBL (Business Science Institute)

Website

https://business-science-institute.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

1–10 employees

Short description

Business Science Institute is a Luxembourg-based non-profit that delivers Executive DBA and DBA programs to senior executives and managers worldwide. It holds AMBA accreditation and operates through 124+ faculty serving 200+ doctoral students across 52 countries.

Ownership category

akta.pro rank

Product category

Executive Doctoral Education

NAICS

Professional, Scientific, and Technical Services (54), Management, Scientific, and Technical Consulting Services (5416)

akta.pro industry

PRIMARYEDAHAHAO

Management Research Institutes & Doctoral (PhD/DBA) Programs

Education/Higher Education (Colleges & Universities)/Business Schools & Management Institutes

Keywords

• Executive education programs
• Doctoral business administration
• Professional doctorate degrees
• Executive DBA programs
• Business research training

Headquarters

HQ city

Wiltz

HQ country

Luxembourg

HQ region

Europe

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Executive DBA Tuition: The primary revenue stream comes from tuition fees for the Executive DBA program. The standard program costs €27,500 with payment typically split into two installments (€15,000 and €12,500). Additional revenue comes from double degree programs at premium pricing.
2. Application Fees: Non-refundable application processing fees of €175 per candidate, charged at the time of application submission.
3. Re-registration Fees: Additional fees of €2,500 for students requiring an extra year beyond the standard 3-4 year program duration.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels10 records

Core offering

Business Science Institute delivers Executive DBA (Doctor of Business Administration) programs for senior managers and executives holding an MBA with at least five years of management experience. Programs are offered in face-to-face, hybrid, and 100% online formats in French, English, German, and Spanish, supported by an LMS/intranet, annual international seminars in Luxembourg, and double-degree options with partner universities. Specialized DBA tracks cover Insurance & Banking, Accounting, Public Management, Healthcare, Real Estate, Future of Work, Sustainable Innovation, and Health/AI/Environment.

Product overview

Business Science Institute offers a portfolio of Executive DBA (Doctor of Business Administration) programs designed for senior managers and executives. The core offering is the Executive DBA, available in face-to-face, online, and hybrid formats in multiple languages (French, English, German, Spanish). The institution provides specialized DBA tracks in areas including Insurance & Banking, Accounting, Public Management, Healthcare Management, Real Estate, Health/AI/Environment, and Sustainable Innovation Management. Double degree options are available with partner institutions including Manchester Metropolitan University (triple-accredited), Paris-Saclay University, and ICN Business School. The programs follow a three-phase structure: initial coursework and thesis topic definition, literature review and fieldwork, and thesis writing and defense preparation. Tuition ranges from €27,500 for the standard program to €37,500 for double-degree options.

Differentiator

Problem solved

Functional benefit

Products and services

• Executive DBA (EDBA)
• Online DBA
• DBA Double Degree with Manchester Metropolitan University
• DBA Double Degree with Paris-Saclay
• DBA Double Degree with ICN Business School
• DBA in Insurance and Banking
• DBA in Accounting (Expertise Comptable)
• DBA in Public Management
• DBA in Healthcare and Social Organization Management
• DBA in Real Estate
• DBA in Future of Work
• DBA in Health, Innovation, AI, Environment
• DBA in Sustainable Innovation Management

Quantifiable outcome

• 140+ doctoral graduates (Doctors in Business Administration) since program inception
• +5 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Twelve partnerships are on record, tiered flagship, core and minor.

• IGENSIA Education GroupflagshipStrategic or Co-development Partner · 7 January 2025Strategic adossement (affiliation) announced January 2025. IGENSIA Education Group is a major higher education and training actor founded in 1975, comprising 5 activity poles, 10 schools, 10,000 partner companies, 4 campuses in France, and 80,000 alumni. BSI retains operational autonomy while benefiting from group's support services.
• CNOEC (Conseil National de l'Ordre des Experts-Comptables)coreStrategic or Co-development Partner · 23 May 2024Partnership signed May 23, 2024 to offer specialized DBA for expert accountants. CNOEC provides scholarship of €13,750 to 3 candidates annually (50% of €27,500 tuition). Jointly delivered DBA by Business Science Institute, Lyon 3, and CNOEC.
• Manchester Metropolitan UniversitycoreStrategic or Co-development PartnerDouble degree partnership offering dual DBA credential from Business Science Institute and Manchester Metropolitan University (accredited AACSB, AMBA, EQUIS). The partnership provides international recognition and access to UK higher education standards.
• University Paris-SaclaycoreStrategic or Co-development PartnerDouble degree program delivering dual DBA credential from Business Science Institute and University Paris-Saclay. Program priced at €37,500 with specific payment schedule.
• ICN Business SchoolcoreStrategic or Co-development PartnerDouble degree partnership with ICN Business School (accredited AACSB, AMBA, EQUIS) for dual DBA credential. Program priced at €30,000.
• IRAFPA (Institut de Recherche et d'Action sur la Fraude et le Plagiat Académiques)coreOthersCertification of 'Responsible Doctoral School' awarded in 2023. IRAFPA promotes academic integrity and fights plagiarism through research, training, mediation, certification of responsible institutions, events, and educational resource dissemination.
• EDBACminorStrategic or Co-development PartnerMember of EDBAC (Executive DBA Association Consortium); participates in collaborative DBA market research initiatives
• EFMD GlobalminorStrategic or Co-development PartnerCollaborated on 'Future of the DBA Market' report published in 2023, involving perception surveys of business schools regarding Executive DBA programs
• PRME (Principles for Responsible Management Education)minorStrategic or Co-development PartnerSignatory of UN PRME (Principles for Responsible Management Education); demonstrates commitment to sustainable development and responsible business education
• DORA DeclarationminorStrategic or Co-development PartnerSignatory of DORA (Declaration on Research Assessment), committing to responsible research evaluation practices
• Éditions EMScoreChannel Partner/ Reseller/ DistributorPublishing partner for Business Science Institute book collection; over 55 books published in the collection; distributor of faculty and alumni research works
• IFPASSminorChannel Partner/ Reseller/ DistributorInsurance and banking training institute partnership for specialized DBA programs in Insurance and Banking sector

Scale indicators9 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Rennes School of Business: Rennes School of Business offers an Executive DBA in France and is triple-accredited (AACSB, EQUIS, AMBA). It competes with BSI for francophone executive doctoral candidates and shares a similar applied-research positioning.
• University of Liverpool Management School: The University of Liverpool runs a well-known online DBA program targeting international executives. It is comparable to BSI as a globally delivered, English-language executive doctorate for working professionals, competing directly for the same segment of senior managers seeking a doctoral credential.
• Université Paris-Dauphine: Paris-Dauphine offers an Executive DBA and doctoral programs in management through its DRM (Dauphine Recherches en Management) research center. It is a direct competitor in the francophone executive DBA market and one of the most established French university alternatives to BSI.
• Maastricht University, School of Business and Economics: Maastricht University offers a globally delivered DBA for experienced managers, with online and blended formats. It is comparable to BSI as an internationally focused, English-accessible executive doctorate competing for similar European and international executive candidates.
• EDC Paris Business School: EDC Paris Business School offers DBA programs aimed at senior executives in France. It competes with BSI in the French-speaking executive doctoral market with similar credentialing and practitioner-research orientation.
• IAE Paris-Sorbonne / IAE France network: The IAE France network runs Executive DBA programs in management, including IAE Paris and the partner IAE Lyon (which is already a BSI collaborator). IAE schools are direct peers in the French executive DBA market, offering similar targeted research-focused doctorates for mid-career managers.
• SSBM Geneva (Swiss School of Business and Management): SSBM Geneva is a Swiss-based business school offering DBA programs in multiple languages and formats. It is directly comparable to BSI for international executives seeking a DBA in Switzerland, with similar emphasis on applied research and practitioner credentials.

Broad incumbents

• IMD Business School: IMD is a leading Swiss-based executive education provider offering advanced management programs. Although it focuses on MBA and executive short programs rather than a DBA, it competes with BSI for the same senior-executive segment seeking advanced credentials in continental Europe.
• INSEAD: INSEAD is a globally established provider of executive education with multiple advanced management programs and doctoral-equivalent offerings. It does not offer a DBA per se but is the dominant broad incumbent that BSI competes with for executive mindshare and credentials.
• Manchester Metropolitan University (MMU): MMU is both a BSI double-degree partner and a broader UK university offering doctoral programs in business. While the partnership is mutual, MMU's wider portfolio (including an MBA and DBA offerings through Manchester Business School) makes it an overlapping provider for executive doctoral candidates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xtwitter.com/EDBA_BSI
• YouTubeyoutube.com/user/ExecutiveDBA
• Facebookfacebook.com/BusinessScienceInstitute
• LinkedInlinkedin.com/company/business-science-institute

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Business Science Institute