INSEAD MBA has a lineup of 12 events for June 2024, featuring a mix of 9 in-person and 3 virtual sessions aimed at engaging prospective students.
The month starts with an in-person "Meet Our MBA & MIM Alumni" event in Amsterdam on June 5, led by the Assistant Director of MBA & MIM Marketing and Recruitment, providing participants an opportunity to interact with alumni. On the same day, there will also be a one-to-one consultation session in Amsterdam.
Among the prestigious Consulting firms, McKinsey & Company leads the pack with 124 hires, including 43 returnees.
Following closely behind are Bain & Company with 71 hires (including 18 returnees) and Boston Consulting Group with 83 hires (including 25 returnees). These Consulting giants have a longstanding relationship with INSEAD, offering numerous opportunities for students to excel in the Consulting industry.
In addition to Consulting, Technology, and E-Commerce companies, Amazon and Samsung are also prominent on the list.
In Europe, which boasts the highest hiring rate at 48%, post-MBA graduates command a median base salary of $162,577 with a median sign-on bonus of $32,600. The strong hiring rate in Europe could be attributed to the region's strong Finance & Consulting industries, and the presence of numerous multinational corporations and Consulting firms like McKinsey, BCG, and Bain & Company.
In the Consulting industry, INSEAD commands a hiring rate of 58.80% - the highest among all the T20 schools.
Post-MBA graduates enjoy a median base salary of $167,917 along with a substantial median sign-on bonus of $42,275. INSEAD MBA, along with Yale (54%) are the only two MBAs to cross the 50% mark for Consulting hiring.
GMAT Score and Class Size
Which has a larger Class Size – INSEAD or IMD?
According to the latest Class Profile Report from both Business Schools, INSEAD has 1000 students enrolled in its MBA program with a GMAT 710, while IMD has 87 students enrolled in the Full-Time MBA program with a 680 GMAT score.
IMD or INSEAD – Which MBA programs has a higher acceptance rate?
The acceptance ratio has been slightly high at INSEAD as compared to IMD.
IMD and INSEAD have structured their curriculum with focus on two different learning objectives. IMD with building skills for those working in the Consulting and Operations functions while INSEAD for those in the Finance and Consulting industries.
IMD: Four phases are included in the one-year IMD Full-Time MBA Program.
Reasons for the Change
INSEAD captures a broad range of personal, academic, and career traits with their comprehensive MBA application.
In this application breakdown of the INSEAD MBA program, we cover:
Values (INSEAD - Strengths and Weakness Essay): In the first example, we look at a candidate whose father - a diplomat, imparted the value of discipline and time management into his life. The value morphed into a search for efficiency in projects. It meant removing roadblocks for the team members and focusing on improving the cost, timeline, and productivity. The narrative is balanced by the challenges he faced while frequently moving with his father to five countries.
INSEAD MBA Profile Example: A profile with 5 years of experience in three startups, starting as a Business Development (BD) Manager, transitioning to a role where he had to manage BD and Marketing, with the current job as a Growth Manager.
In the second example, we describe the journey of a Management Consultant, who felt his soul leaving his body while performing for a 200-strong audience at Second city – the improvisational theatre group.
INSEAD MBA Essay 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) *
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).
In the Second Part of the Interview with Minh Huy Lai, the Managing Director of INSEAD MBA Programme, we discuss the Admission process (Essays, Recommendation Letter and Interviews), the entry criteria (GMAT, International Exposure, Experience), and the scholarship opportunities for MBA Applicants.