This photo of immovable heritage has been taken in the Brussels Capital Region
This photo of immovable heritage has been taken in the Brussels Capital Region

Solvay Brussels School of Economics and Management

Business schools in BelgiumUniversities in BelgiumVrije Universiteit BrusselUniversities and colleges established in 1903Université libre de BruxellesUniversities and colleges formed by merger in Belgium1903 establishments in Belgium
5 min read

In October 1911, Ernest Solvay gathered the most important physicists alive into a hotel conference room in Brussels and asked them to argue. Einstein was there. Marie Curie was there. Max Planck, Henri Poincare, Ernest Rutherford - the photograph from the fifth Solvay Conference in 1927 became one of the most famous group portraits in the history of science, with seventeen of the twenty-nine attendees holding or destined to hold a Nobel Prize. Solvay was paying for it, because the soda-ash patent he had developed in 1861 had made him spectacularly rich and he believed in spending wealth on ideas. Eight years before he convened the first physics conference, he had spent some of that same wealth establishing a business school. That school is still standing on the Solbosch campus today.

The Soda-Ash Fortune

Ernest Solvay was twenty-three when he worked out a way to make sodium carbonate - soda ash, used in glass, soap, and paper - by passing carbon dioxide and ammonia through brine. The Solvay process undercut every competing method in the world within a generation, and the company he founded in 1863 with his brother Alfred made the family one of the wealthiest in Europe. Solvay had only a basic education himself; ill health had kept him out of university. He spent his fortune trying to give other people the formal training he had never received. In 1894 he founded the Institute of Sociology at the Universite libre de Bruxelles. In 1903 he donated the funds for the Ecole de Commerce Solvay - Brussels's first dedicated business school. In 1911 he held the first Solvay Conference on Physics. The pattern was consistent: rigorous, secular, scientific, and aimed at producing people who could think.

Two Schools, One Faculty

ULB's Department of Economics had opened in 1899; Solvay's business school opened four years later. For most of the twentieth century they ran in parallel, occasionally collaborating, occasionally competing. In 2008 the university finally merged them into a single faculty - the Solvay Brussels School of Economics and Management - and in 2010 dropped a new purpose-built home onto the Solbosch campus, on the corner of Avenue Franklin Roosevelt and Avenue Jeanne, a short walk from the Bois de la Cambre. Today the school enrols more than 5,000 students across roughly thirty programmes and is the only business school in Belgium to require its undergraduates to spend a full six months abroad. The partner network runs to seventy universities in thirty-two countries: Berkeley, Carleton, Tecnologico de Monterrey, IIM Ahmedabad, McGill, Peking University HSBC Business School. Belgian students leave with an English fluency that their parents did not have.

An Architecture of Research

Solvay is unusual among European business schools in that its faculty are research scientists first. The three main centres - the Centre Emile Bernheim, DULBEA, and ECARES - publish more than 240 papers in peer-reviewed journals every five years and supervise hundreds of PhD candidates. ECARES, founded in 1991, started as a joint venture with the Centre for Economic Policy Research network in London and remains one of the leading econometrics groups in continental Europe. DULBEA, going back to the 1950s, was the brainchild of Etienne Sadi Kirschen, who wanted Belgian economic policy to be built on empirical evidence rather than political instinct. The CERMi research centre, run jointly with the Universite de Mons, has spent two decades documenting microfinance in developing countries. None of it is the obvious face of a business school. It is, however, the architecture Solvay himself would have insisted on.

Alumni Across Continents

The list of people Solvay Business School has produced does not always advertise the school's name, but it is long and improbable. Camille Gutt, who graduated before the First World War, became Belgium's finance minister and then, in 1946, the first Managing Director of the new International Monetary Fund - a job that required negotiating with John Maynard Keynes and Harry Dexter White in a room thick with cigar smoke. Roberto Lavagna, an Argentine economist, became his country's Minister of Economy during the worst of the early-2000s crisis. Paul Deneve, who graduated from the school, went on to run Yves Saint Laurent and then become a vice-president at Apple. Pierre Lagrange co-founded GLG Partners, one of the largest hedge funds in Europe. Hubert Ansiaux and Maurice Frere both served as Governor of the National Bank of Belgium. The school's alumni network now spans more than 35,000 members in over sixty-five countries - large for an institution that has spent most of its history with fewer than a thousand students enrolled at a time.

On the Solbosch

The Solbosch campus, where Solvay sits today, was built after the First World War with funding from the Belgian American Educational Foundation, after the Free University moved out of the Granvelle Palace in central Brussels. The location was deliberate - close enough to the city to draw on its talent, far enough out to give the university room to grow. The Bois de la Cambre, the long oblong of urban forest just south, is where Brussels comes to run, picnic, and pretend it lives somewhere greener than it does. ULB's main buildings cluster on the eastern flank of the campus; Solvay's 2010 building occupies the corner. Inside it, students attend lectures on financial markets and biotech ventures in a building named for a man whose original fortune came from boiling brine. Ernest Solvay died in 1922. His company, his physics conferences, and his school all survived him; the school just took the longest to grow into its name.

From the Air

Solvay Brussels School sits at 50.814 N, 4.379 E on the Solbosch campus in Ixelles, immediately south of the City of Brussels. The Bois de la Cambre - a long green rectangle north-east of the Foret de Soignes - lies directly south. The Avenue Franklin Roosevelt runs along the campus's western edge. Brussels Airport (EBBR) is 13 km north-east; Charleroi (EBCI) is 41 km south. Brussels Central station is 4 km north. The campus is in Brussels Class C TMA; expect EBBR runway 25L traffic descending overhead in westerly winds.