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IMD vs INSEAD MBA: Comparison based on Cost and Location

Often, INSEAD and LBS are compared, but IMD - another European school considered to be a sanctuary for experienced professionals is also compared to INSEAD due to similar years of professional experience both schools demand.

We will be comparing the two MBA programs based on eleven factors, including location, ranking, cost, funding (scholarships and fellowships), class profile, curriculum, experiential learning, international learning possibilities, post-MBA opportunities, and alumni network.

Location and Campuses

IMD was established 75 years ago. It is an autonomous global academic institution with Swiss roots with two campuses in Lausanne and Singapore.

INSEAD's main campus is located in Fontainebleau, which is 34 miles from the heart of Paris and closer to the renowned Fontainebleau Forest.

As one of the world's largest MBA class, INSEAD offers a global educational experience with campuses in Europe (France), Asia (Singapore), the Middle East (Abu Dhabi), North America (San Francisco), and partnerships with prestigious universities. INSEAD's business education is driven by 165 faculty members from 41 countries that guide over 1,300 students in INSEAD's degree and Ph.D. programs.

INSEAD has a big advantage over IMD due to its four-campus structure, which lets MBA students pick the campus that best fits their needs and post-MBA goals. Additional campuses are in Abu Dhabi, and San Francisco.

Cost - IMD vs INSEAD MBA

IMD Fee

The annual cost of attending the IMD Full-Time MBA program is $ 90,317.20, with an additional mandatory charge of $19,756.89, making the total cost of the program $110073. This pays for costs like assistance with moving and obtaining visas, travel and lodging, personal growth, on-campus support, facilities, and partner integration. The pupils are required to pay the tuition in four installments. In addition to paying tuition, students are also responsible for covering personal costs. Depending on the lifestyle of the student, housing and living expenses differ. The average cost of living in Switzerland for a year in 2024 is $40,642 for a single individual, though sharing residence can decrease this amount.

INSEAD Fee

The tuition fees for the August intake and January intake are €97000 ($108106) and €98500 ($109778), respectively, for 2024.

When are tuition fee changes announced for INSEAD?

Tuition for the July Class is determined each year in December, whereas for the December class, it is announced in June.

What is covered under Tuition Fees at INSEAD?

Tuition fees cover all printed course materials, access to the INSEAD library, on-campus information technology services, language tuition, testing, student council costs, gym access, business cards, printing, and health insurance. Furthermore, the €2,000 ($2034.83) Business Foundations program is an elective that is not included in the tuition.

The total living expenses at INSEAD Fontainebleau (France) and INSEAD Singapore are €25310 ($28,208) and €32,250 ($35942), respectively. Including the tuition fee, the MBA Program costs €122,310 ($136,315) in INSEAD Fontainebleau (France) and €129250 ($144049) in INSEAD Singapore for the August 2023 intake. 
 

Cost CriteriasIMDINSEAD
Tuition and Fees$110073$108106
Apartments$22957$11702
Others$17685$20,848


Living Cost: Lausanne, Switzerland vs. Fontainebleau vs Abu Dhabi vs. San Francisco vs. Singapore
Tuition Fee: IMD>INSEAD
Extra expenses: IMD>INSEAD
Cost of Living: Lausanne>San Francisco>Singapore>France>Abu Dhabi
Purchasing Power: Lausanne>Abu Dhabi> San Francisco> Singapore>France

 Lausanne, SwitzerlandSingapore (IMD)FranceSan FranciscoAbu DhabiSingapore
Cost of Living Index117.385.969.198.459.885.9
Cost of Living Plus Rent Index85.689.847.494.55289.8
Grocery Index114.275.465.898.442.375.4
Rent Index50.69423.690.343.594
Restaurant111.959.86898.966.759.8
Local Purchasing Power Index110.885.981.5100.3110.585.9

Related Download

Related Essay Editing Service

 

F1GMAT's INSEAD MBA Essay Guide

Question 1: Provide a summary of your career since graduating from university, explaining the rationale behind your key decisions and career progression. Include a description of your current (or most recent) role, covering the scope of your work, major responsibilities, employees under your supervision, budget size, clients/products, and any notable results achieved. (500 words)

Question 2: Describe your short and long-term career aspirations, including your target geography, industry, and function. How do you plan to bridge the gap between your current position and these goals, and how will INSEAD help you achieve them? (300 words)

Question 3: Give a candid description of yourself as a person and a leader, emphasising the strengths and weaknesses you recognise in yourself. Explain how you are actively working on your development, sharing key experiences that have shaped you, providing specific examples where relevant. (500 words)

Question 4: Describe a highly stressful situation you faced and how you managed it. What did this experience teach you about yourself and your interactions with others? (400 words)

Download F1GMAT's INSEAD MBA Essay Guide

About the Author 

Atul Jose - Founding Consultant F1GMAT

I am Atul Jose - the Founding Consultant at F1GMAT.

Over the past 15 years, I have helped MBA applicants gain admissions to Harvard, Stanford, Wharton, MIT, Chicago Booth, Kellogg, Columbia, Haas, Yale, NYU Stern, Ross, Duke Fuqua, Darden, Tuck, IMD, London Business School, INSEAD, IE, IESE, HEC Paris, McCombs, Tepper, and schools in the top 30 global MBA ranking. 

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