| INSEAD | |
|---|---|
| Motto | The Business School for the World |
| Established | 1957 |
| Type | Private business school |
| Endowment | €135.6 million[1] |
| Dean | Dipak C. Jain |
| Academic staff | 250+ |
| Postgraduates | 1.000+, mainly MBA |
| Doctoral students | 65+ PhDs |
| Location | Fontainebleau (near Paris, France), Singapore, and Abu Dhabi |
| Campus | Fontainebleau, Singapore, and Abu Dhabi |
| Website | Insead.edu |
INSEAD (the name was formerly an acronym for the French name "INStitut Européen d'ADministration des Affaires", or European Institute of Business Administration) is an international graduate business school and research institution. It has campuses in Europe (France), Asia (Singapore), and the Middle East (Abu Dhabi), as well as a research center in Israel. The school offers a full-time Master of Business Administration (MBA) program, a PhD in Management program, and several executive education programs (including an Executive MBA).
INSEAD MBA students and PhD Candidates have the chance to study in three continents (through an alliance with the Wharton School of the University of Pennsylvania and a multi-campus structure).[2] Starting in September 2010, a campus exchange program with Kellogg School of Management will be offered.[3] INSEAD also has a reciprocal agreement with Harvard Business School, Stanford Graduate School of Business and Kellogg School of Management to share career services. Alumni of the four schools have exclusive access to job opportunities database of each other.[4]
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INSEAD has three campuses. The original campus (Europe Campus) is located in Fontainebleau, near Paris, France. INSEAD's second campus (Asia Campus) is in the Buona Vista district of the city-state of Singapore. The third and newest campus (Middle East Campus) is located in Abu Dhabi, and currently serves only as a campus for open enrollment executive education programmes.
The MBA programme is taught on both European and Asian campuses, with most participants spending part of their curriculum on both campuses. INSEAD has a North Americas office in New York City, and a Research Centre in Caesarea, Israel.[5]
INSEAD holds both company/firm specific and open enrollment executive education programs at its campuses in Europe and Asia and at its Executive Education centre in Abu Dhabi. INSEAD also works in partnership with corporate universities. Participants usually come from senior or top management, with many years of experience within their company or industry and younger 'high-potentials' identified as being key in succession strategies within their companies. Approximately 9,500 executives from over 120 countries undertake courses or programmes at INSEAD each year.
The INSEAD MBA curriculum comprises a range of required core courses and electives. The core courses cover traditional management disciplines including finance, economics, organizational behaviour, accounting, ethics, marketing, statistics, operations management, international political analysis, supply chain management, leadership and corporate strategy.
There are approximately 80 electives on offer in the Accounting and Control, Decision Sciences, Economics and Political Science, Entrepreneurship and Family Enterprise, Finance, Marketing, Organisational, Strategy and Technology and Operations Management areas.
| School rankings (overall) | |
|---|---|
| Worldwide MBA | |
| América Economía[6] | 9 |
| CNN Expansion[7] | 6 |
| Economist[8] | 19 |
| Financial Times[9] | 4 |
INSEAD's is currently ranked as the #1 non-U.S. business school by several leading publications including Bloomberg BusinessWeek, QS Global 200 Business Schools Report,[10][11][12] and Forbes.[13] The Financial Times ranked it number 4 in the world (tied with Stanford Graduate School of Business), and it has been the highest ranked one-year MBA program on the list for several years in a row.[14]
The INSEAD Career Services team[15] assists companies wishing to recruit INSEAD MBAs and participants. Approximately 120 companies/firms visit the Asia and Europe campuses during each recruitment season. Career Services organises company presentations and bi-annual career fairs on both campuses, sources jobs on its internal platform CareerLink and publishes a CV book for each graduating class.
Main employers of 2010 class MBA participants and the number of graduates employed were McKinsey & Company (127), Boston Consulting Group (60), Bain & Company (48), Booz & Company (40), Roland Berger Strategy Consultants (15), A.T. Kearney (14), Google (13), Johnson & Johnson (10), Standard Chartered Bank (9), Accenture (8), LVMH (8), Groupon (8), Barclays Capital (8), Eli Lilly (7), L'Oreal (7), Samsung (7), Goldman Sachs (6), HSBC (6), UBS (6), Morgan Stanley (5), Credit Suisse (5), etc..[16]
INSEAD has a reciprocal agreement with Harvard Business School, Stanford Graduate School of Business and Kellogg School of Management to share career services. Alumni of the four schools have access to job opportunities database of each other.[4]
INSEAD also participates in the MBA Global Career Forum, together with other leading business schools.[17]
Key Admission Stats – INSEAD MBA:
Average GMAT of admits: 703
Average Age of admits: 29
Candidates applying to INSEAD are advised to show international orientation, preferably international business experience. Barring that applicant can show international exposure (living/working abroad) or ability to adapt to new settings. [3]. The school puts strong emphasis on entrepreneurship, therefore it is important to show entrepreneurial experience or spirit in application. Also, career progression is important.
Admission requirements include 5 essays and 3 Job Description Essays, Two Letters of Recommendation, Official Transcripts, Photograph, GMAT or GRE score and English language certification (if English is not the applicant's native language). The application process includes 2 interviews, usually conducted by INSEAD alumni in the applicant's country of residence.
INSEAD has 17 Research Centres conducting research in different business and geographical areas. Some of the research centers include: 3i Venturelab, INSEAD Social Innovation Centre, Abu Dhabi Centre for Executive Education and Research, Asia Pacific Institute of Finance, INSEAD Blue Ocean Strategy Institute, INSEAD-Wharton Center for Global Research and Education (directed by Professor Serguei Netessine), Euro-Asia and Comparative Research Centre (directed by Gordon Redding) and Centre for Decision Making and Risk Analysis.
Teaching methods at INSEAD include case studies, lectures, peer-to-peer learning, tutorials, group work, simulations and role-plays.
The Case method is largely used in the classroom as a teaching method. Business case studies authored by INSEAD professors are the second most widely used in classrooms by business schools globally, after Harvard Business School's case studies.[18]
The Business cases that have been designed at INSEAD have received many awards,[18] are made available in Case clearing houses, and used by many other business schools.
Business simulation games are largely used by INSEAD. Many of them have been designed by INSEAD faculties, and are also used by other business schools.
Examples of Business simulation games that have been designed by INSEAD faculties[19] and used in many institutions:
A number of researches and initiatives are conducted at INSEAD to incorporate innovative learning approaches.
In particular centers conduct research in learning technologies and approaches such as:
The Alumni Association was founded by a group of alumni in 1961, and works in close partnership with INSEAD to provide services to the global INSEAD alumni community in 160 countries.[27] Many are members of the INSEAD International Alumni Association, which has 43 national alumni associations.[28]
In addition to the national associations, INSEAD alumni have formed clubs and groups dedicated to specific industries or activities. These include the Energy Club, the INSEAD Healthcare Alumni Network and the Salamander Golf Society.