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ESDES School of Business and Management (École supérieure pour le développement économique et social) was founded in 1987 as part of the Catholic University of Lyon which has stood for a hundred and thirty years since its foundation in 1875 in Lyon, France. ESDES is state-recognised and its diploma carries the 'visa' of approval and the Master's degree of the French Ministry of Education. The school is part of the " Conférence des Grandes Écoles" organisation which gather top French business schools that have proven academic excellence and selectivity in admissions.