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...
In the second part of the interview, we learn how IMD pioneered the International Consulting Project, the career motivation of the MBA class, post-MBA roles, and the value the program offers for career switchers.
Consulting is the most popular industry for MBA candidates. The International Consulting Project (ICP), the 2-month experiential learning program looks extensive. Is the course only for candidates interested in consulting? Can you give us an overview of the type of projects?
IMD was first on the scene with ICPs almost 40 years ago, and companies come back to us year after year as they really appreciate the value of the insights they gain from our MBAs.
The ICPs take place in the second half of the program and are a great platform for all of our participants to put into practice everything that they have learned during the year and realise how far they have come. It is a step back into the real world. They are no longer working within the safety of the IMD bubble but are working on a real strategic challenge faced by a...
We interviewed Seán Meehan – the Dean of the MBA program at IMD Business School. In the first part of the interview, we find out the biggest misconception about the full-time MBA program, the teaching methodology, chances for younger applicants, and the unique class profile.
What is the biggest misconception about IMD Full-time MBA program?
Some people believe our program is not diverse. The IMD MBA is the most diverse program in the world! With one section of 90 students of which 26 are female, our participants ranging in age from 25 to 38 represent 43 nationalities and come from every industry imaginable. We see a growing interest in technology and healthcare as well as from female applicants.
What is the teaching methodology adopted at IMD?
IMD is a business school not a university.
Our faculty are constantly consulting, researching and working with executives on current issues and challenges being faced by companies today. They therefore bring into the auditorium a...
Tuck School of Business in partnership with Switzerland’s leading Business School IMD (International Institute for Management Development) will launch a new 4-week leadership development program during the spring of 2015. The program is targeted for experienced Managers with more than 10 years of experience, transitioning into Business leadership roles.
The four-week program will be divided into two modules with participants receiving Dual Certification from IMD and Tuck. The program includes two projects; one a personal leadership project where participants will be coached on developing their personal leadership through action plans and executive coaching. The second project will be related to the participants chosen field of expertise.
First Module: IMD, March 2015 (Understanding Role of the Business Leader)
Second Module: Tuck, April 20th to May 1st 2015 (On Leading Change)
Class Size: 30
Average Age: 41
Total Work Experience: 10 Years Management + More than 15 years of Total Experience
The IMD Executive MBA is a flexible modular program. The primary goal of the program is to develop leadership skills, strategic thinking and effective execution.
1) Modular structure of the program with two stages – Foundation and Mastery.
2) The second course in the Foundation stage - Strategy and Advanced Concepts, is taught in a distance-learning environment.
3) Participants should actively participate in the distance-learning module with Case & Assignments, Video Sessions with Faculty, and textbook learning. Clearing the final exams on each topic in the Foundation stage is required to enter the Mastery stage.
4) Focus on Leadership and Globalization during the Mastery stage with the five EMBA modules in Lausanne, Switzerland, Mumbai, Shanghai and Silicon Valley.
5) Learn how to work in an International Business and work environment with IMD’s Discovery Expedition in India, China and Silicon Valley
6) Work with high-tech, high-growth start-ups and implement ideas learned from the program
7) Develop your leadership, analytical and creative problem-solving skills
1) Course Duration: 15 Months (10.5 Weeks Out of the Office + 44 Weeks Distance Learning)
2) Class Size: 60-70
IMD MBA is a 11-Month Full-time MBA program with focus on leadership and personal development. The program starts from January and ends in December. Before starting the core subjects, IMD offers a Pre-Program in accounting, finance and statistics.
The core areas covered in IMD MBA program are Accounting, Critical Thinking, Economics, Entrepreneurship, Finance, Global Political Economy, Innovation, Marketing, Organizational Behaviour, Production and Operations Management and Strategy.
IMD MBA students can deepen their knowledge about any course with elective courses. They can choose 5 electives from a...
IMD and EHL(Ecole Hôtelière de Lausanne) have partnered to offer a unique program: The Family Business in Hospitality (FBH) for Executives from family-owned businesses in the hospitality industry.
Objective: Provide insights into the Key Challenges and Opportunities of owning a Business in the Hospitality Industry
1) Growth strategies from an ownership perspective
2 Generational transition planning
3) Governance structures for family, ownership and business.
4) Relationship and communication.
Duration: 5 days
Date: October 3 – 7, 2011
Location: Lausanne, Switzerland
45 minutes from Geneva Airport
Fee 2011:CHF 9,500; CHF 8,500 for alumni and each additional participant from the same team
Download FBH application form (EHL)