IMD and INSEAD MBA programs seem to be different tier programs, but both MBAs are often shortlisted by aspirants who are planning to get into a top program in Europe. Let us look at eleven factors and compare the MBA programs.
The primary difference between the two programs is the class size. IMD is targeted for a select few with just 90 students selected every year for the Full-time MBA Program. INSEAD Full-time MBA accepts over 1000 students.
IMD’s Campus is located in Lausanne, a french-speaking City in Switzerland. It is just 62km from Geneva, one of the Financial Centers in the world. The largest employment opportunity in Lausanne is for the services sector, followed by manufacturing and processed goods sector. INSEAD, on the other hand, has a three-campus structure: Fontainebleau (Main Campus), Singapore and Abu Dhabi. With this structure, students can leverage the strengths of each of the locations – Europe, Asia, and the Middle East.
Flexibility: Insead > IMD
When you compare the average rank from three major rankings:...
London Business School (LBS) and INSEAD Business School offer MBA programs that are ranked among the best in the world. The quality of the students, the teaching methodology, curriculum, faculty expertise, networking opportunities and employment statistics have contributed towards the rise of these two giants among the MBA elites.
LBS is located in London, which has been consistently voted as the best European City to live. The school campus is located next to Regent’s Park, the epicenter for experiencing London's history, art, and culture. 43 Universities in the City earned London the title as the ‘largest concentration of higher education in Europe.’ In addition to that, over 75% of Fortune 500 companies have their offices in the city.
INSEAD’s main campus is located in Fontainebleau, 34 miles away from Central Paris. Students will experience a peaceful environment, isolated from the hustle of the city. It is not far off from the renowned Forest of Fontainebleau. The highly integrated transportation system in France allows students to take a quick detour to Paris - the fashion capital of the world.
A clear advantage that INSEAD has over LBS is the...
In 1957 Georges Doriot, founder of INSEAD, had an extraordinary vision – to set up a business school in Europe that would be international, independent, diverse, entrepreneurial and close to business.
INSEAD’s first MBA class in 1959 had 52 graduates. Today, they have more than 900 MBAs graduating each year in ceremonies which take place on their two campuses – one in Fontainebleau France and one in Singapore.
INSEAD also offers a part-time Executive MBA programme, Executive Education programmes, a world-class PhD programme, has an additional campus in Abu Dhabi, a research centre in Israel, an office in the USA and valued partnerships with Wharton, Kellogg, Tsinghua University and Fundação Dom Cabral.
Full-time MBA Programme
INSEAD’s full time MBA Programme offers an accelerated 10-month MBA curriculum which develops successful, thoughtful leaders and entrepreneurs who create value for their organisations and their communities. Over 70 different are represented in the classroom each year, offering a rich...
Insead Essay 2 Tips: Describe the achievement of which you are most proud and explain why. In addition, describe a situation where you failed. How did these experiences impact your relationships with others? Comment on what you learned (approximately 400 words).
Don’t get intimidated by the word ‘achievement’. The school is not just targeting the Type A candidates. They are more interested in candidates who have a perspective about their achievement in the grand scheme of things. Awareness about your career and personal growth is what the school is measuring with the essay, but there are some basic guidelines that you should adhere to, before shortlisting your proudest achievement. Since Essay 3 asks about your extra-curricular activities, use this essay only to mention your professional accomplishment.
1) List five professional achievements.
We normally ask our clients to list ten achievements, but since the scope is only for professional achievements, let us stick to five.
2) Five Themes: In MBA Application essays, five themes of professional achievements are used:
Essay 1: Give a candid description of yourself (who are you as a person), stressing the personal characteristics you feel to be your strengths and weaknesses and the main factors which have influenced your personal development, giving examples when necessary (approximately 500 words).
This essay perhaps is one of the toughest questions to answer, not because of the complexity of the question, but for most of us, writing about our weakness is an ego buster. INSEAD MBA Admissions team knows that leaders have one unifying quality – “they have an encyclopedic awareness of their Strengths and Weaknesses.”
Why is Self-Awareness Important?
Self-awareness evaluates your leadership quality. If you have never reflected, at least informally, about your weakness, you are blinded by the halo of grandiose – a quality that is cited as the major reason why top performing professionals are rejected from the application pool.
The value of self-awareness is not limited to your emotional intelligence but acts as the foundation for team building. A competent team needs functional experts. While recruiting, leaders have to pick individuals who complement their skills. Even if a team leader picks the right mix of skills and temperament, the dynamic nature of the technology landscape and consumer...
Insead MBA Essay Questions for September 2017 Intake has been released. Here are the questions:
1) Give a candid description of yourself (who are you as a person), stressing the personal characteristics you feel to be your strengths and weaknesses and the main factors which have influenced your personal development, giving examples when necessary (approximately 500 words). (Required)
2) Describe the achievement of which you are most proud and explain why. In addition, describe a situation where you failed. How did these experiences impact your relationships with others? Comment on what you learned(approximately 400 words). (Required)
3) Describe all types of extra-professional activities in which you have been or are still involved for a significant amount of time (clubs, sports, music, arts, politics, etc). How are you enriched by these activities? (approximately 300 words) (Required)
4) Is there anything else that was not covered in your application that you would like to share with the Admissions Committee? (approximately 300 words) (Optional)
Job Description Essay...
Insead Interview sessions have two rounds. Alumni from your country conduct these interviews. In many cases, the interviewer would be from a similar background as that of yours. Only in exceptional cases, where there are no interviewers available in your country, will Insead conduct a phone interview
Interview Schedule: 1- 1.5 hrs
Style of Interview: Mostly conversational. Round two would be more like a Q&A section.
Selection Criteria: Leadership, Maturity, Motivation, Fluency in English, Ability to contribute to the class (in experience and initiative)
Tip 1: Prepare
Interview should appear spontaneous but be thoroughly prepared for the...
The Deadlines for Insead MBA January 2017 Intake has been announced (Class of December 2017)
Deadline Interview decision Final decision
1st Round 02 Mar 2016 01 Apr 2016 13 May 2016
2nd Round 20 Apr 2016 20 May 2016 24 Jun 2016
3rd Round 15...
Essay 3: Tell us about an experience where you were significantly impacted by cultural diversity, in a positive or negative way (approximately 300 words).
For Tips on Insead MBA Essays 1, 2 and 4, Download F1GMAT's INSEAD MBA Essay Guide
The latest INSEAD MBA represents 90 Nationalities with 30% each from Asia/Pacific and Northern/Western Europe, and 16% from the United States and Canada. Central/Western Europe (11%), Africa (3%), Latin America (5%), and the Middle East (5%) represent the rest of the puzzle. Unlike US-based Business Schools where 30-35% are International, 90% of INSEAD MBA class are international. This is due to two reasons. One, the demand for MBA in local markets is comparatively low and two, International students find 1-year and 16-month programs more attractive.
From a competition point of view, INSEAD competes directly with London Business School, and top programs in the US – Harvard, Wharton, Stanford, and Columbia. The Admission team understands that you have also applied to other top programs, and probably have an invite to join them. INSEAD does not want to waste their resources pursuing...
Insead Business School has just published the 2012 MBA Employment Report, and there are some interesting findings. Here is the summary of major trends:
• 94% of 2012 Graduates Found Job Within 3 Months of Employment
• Lowest Ever Recruitment from Finance sector - 14% Compared to 23% in 2011
• 45% Joined Corporate Sector
• 41% Joined Consulting
• Drop in Recruitment in Western Europe
• Increase in Recruitment across Asia, Africa and Middle East
• Middle East Recruitment activity dominated by UAE and Lebanon
The employment report is based on statistics from 997 MBA graduates with an average age of 29 years, represented predominantly (38%) by 5 to 7 years experienced candidates. Asia Pacific Region (30%) had the largest representation in 2011-12 class, whereas if you look at the undergraduate degree: Engineering and Business students formed the major chunk of the class (57%). The overall annual median salary of the class is €89,000 with average sign-on bonus of €15,900.
Best Paying Region
If post-MBA increase in salary is a criterion, Northern Europe offered the best Median Salary at €116,400 with a...
INSEAD Business School had announced the Abu Dhabi Module in Sep 2012. However, the first class of the Module began in Jan 2013. The program gives students in France and Singapore the opportunity to work with the government, and Businesses in UAE.The Module has 10.5 elective credits. It is divided into three parts: Doing Business in the UAE and the Middle East, Negotiation Dynamics and field-based project with a local company. For the Module, 35 Students from 22 nationalities have been selected from over 1000 student INSEAD MBA Class.
Students learn through lectures, interaction with local and regional Business Experts, and field-based projects on actual cases. Some of the local partners for the Field-based projects include Emirates Nuclear Energy Corporation (ENEC), Masdar, Mubadala Development Company, and MBC Group. In addition to local companies, Global companies such as Standard Chartered Bank, Booz, and McKinsey & Co. are also part of the Abu Dhabi INSEAD Module. From the Govt. side, Ministry of Sound is a key partner in the program. The primary goal of the Module is to deepen the understanding of Middle East, especially UAE as a destination for doing Business.
If you have missed the first part of the series - INSEAD MBA vs London Business School MBA Program, read it here
London Business School: During the first year, London Business School covers the fundamentals of Management Education: Corporate Finance, Data, Models and Decisions, Financial Accounting, Managerial Economics, Strategy, Operations Management, Marketing, Managing Organisational Behaviour and Management Accounting.
Second year emphasis is more on understanding Business in a Global Context with courses like Global Business Experiences, where students will work with Businesses across the world. For Entrepreneurial students, the course Discovering Entrepreneurial...
Business Simulations are an extension of the traditional classroom lectures and case-study method of teaching in an MBA Program. The real value of this tool comes from testing what you have learned through these simulations.
How valuable are these simulations?
It gives students the ability to take the type of risks that normally cannot be taken in real life. By observing the consequence of these actions, students can learn about themselves and how various elements in a Business Environment influences each other. Simulations require collaboration with team members and teach students to think for the team and effectively communicate with each other. The learning experiences develop team building, leadership and problem solving skills.
The Simulation Games can be broadly categorized based on the learning function – Communication, Finance, Sustainability, Leadership & Teamwork, Marketing, Strategy, Supply Chain, Change Management, Venture Capital, Entrepreneurship, Economics and Pricing, and Statistics.
Let us look at some of the best simulation games used in top Business Schools.
The Tip of the Iceberg cultural team is a...
The INSEAD MBA with its diverse class profile, international faculty and three campuses is ranked among the top Business Schools in the world. Although all the top Business School ranking publications have rated INSEAD highly, it seems to be dropping a notch over the past year. The Economist ranks it a surprisingly low 19, the same over the past two years. The Businessweek Non-US MBA rankings see it slip from No. 1 to the No. 2 spot behind London Business School over the last year. The Financial Times’ Global MBA Rankings see INSEAD move from #5 to #4 and then back down to #6 over the last three years.
INSEAD MBA Average Rank: 9
INSEAD MBA Class Profile - Nationality
INSEAD MBA Class Profile - Pre-MBA Experience
The INSEAD GEMBA is a 17 Weeks Global Executive MBA program with 12 weeks of on-campus and 4-5 weeks off-campus assignments, spread over 14-17 months. The primary goal of the program is to develop leadership skills that are necessary to lead in a senior managerial/leadership role.
1) Complete the INSEAD GEMBA in one of the three campuses – Europe, Asia or Middle East.
2) Be part of a diverse and International class, represented by over 39 nationalities, 32 sectors, and 22% Female.
3) Emphasis on owning the learning process with Case Based Lectures, Presentations, Videos, Active Class Participation.
4) Opportunity for participants to continue the learning process by returning to campus to take the elective courses that they have missed
1) Course Duration: 14-17 Months ( Actual Class – 17 Weeks)
2) Three Campus Sections – Europe, Asia and Middle East
3) Class Size: 111 participants
4) Average Experience: 12 Years
5) Average Age: 36 Years
6) Students can chose one of the INSEAD GEMBA sections – Europe GEMBA section, Asia GEMBA or Middle-...