INSEAD

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Coordinates: 48°24′19″N 2°41′07″E / 48.4054°N 2.6853°E / 48.4054; 2.6853

INSEAD
Inseadlogon2.jpg
Motto The Business School for the World
Established 1957
Type Private business school
Endowment €161 million[1]
Dean Ilian Mihov[2]
Academic staff 250+
Postgraduates over 1000, mainly MBA
Doctoral students 80+ PhDs
Location Fontainebleau , Singapore, and Abu Dhabi
Website www.insead.edu

INSEAD is a graduate business school with campuses in Europe (Fontainebleau, France), Asia (Singapore) and the Middle East (Abu Dhabi). INSEAD offers various academic programmes including a full-time Master of Business Administration (MBA) programme, a Master in Finance programme, a PhD in management programme, and several executive education programmes (including an executive MBA).

INSEAD admits around 1000 MBA participants per year, more than any other business school.[3] Additionally, over 12,000 professionals attend its short-term open and company-specific executive education programmes, along with around 200 participating in the Executive MBA programme.[4]

History[edit]

The Palace of Fontainebleau

INSEAD was founded in 1957 by venture capitalist and Harvard professor Georges Doriot, along with Claude Janssen and Olivier Giscard d'Estaing. Original seed money was provided by The Paris Chamber of Commerce.[5] The school was originally run out of the Palace of Fontainebleau, before moving to its current Europe campus in 1967.[6] The name INSEAD was originally an acronym for the French "Institut Européen d'Administration des Affaires" or European Institute of Business Administration.

Chronology[edit]

  • 1957: INSEAD Founded
  • 1960: First graduation
  • 1967: Opening of the school's campus on the edge of the forest of Fontainebleau
  • 1968: First Executive Education programmes
  • 1971: Creation of CEDEP, the European Centre for Continuing Education, on a site next to INSEAD
  • 1980 INSEAD Euro-Asia Centre opens in Fontainebleau
  • 1989: Launch of the PhD programme
  • 2000: Opening of Asia campus in Singapore
  • 2001: Announcement of the INSEAD-Wharton Alliance and first MBA participant exchanges
  • 2003: Launch of the Executive MBA programme
  • 2004: Opening of the Plessis Mornay Learning Space for Executive Education in Fontainebleau
  • 2007: INSEAD Centre opened in Abu Dhabi, primarily for research and Executive Education
  • 2010: INSEAD's Abu Dhabi Centre attains Campus status
  • 2012: Launch of the Master in Finance specialised degree

Campuses[edit]

INSEAD's Asia campus in Singapore

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.

INSEAD[7] has been a pioneer in setting up a multi-campus as a way to push the globalization of its faculty and curriculum. A Harvard Business School case study, for instance, explores INSEAD's approach to business education in a global context and how it functions with a multi-campus setting.[8]

MBA Programme[edit]

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.

The INSEAD MBA[9] starting in September only takes 10 months to complete. INSEAD also offers a 12 month MBA starting in January for students who want the opportunity to complete a summer internship.

Rankings[edit]

INSEAD's MBA programme has been consistently ranked as an elite school by, for example, Financial Times (#5),[10] Forbes (#2 MBA),[11] Bloomberg Business Week (#5 MBA Non-US Schools), and Economist (#18),.[12]

PhD in Management[edit]

The INSEAD PhD in Management is a doctoral degree in business to prepare students for a career in academia, as professors in management. It requires four to five years of full-time study - the first two years of the programme are devoted to coursework, while from the third and fourth (or sometimes fifth) years are dedicated to research and dissertation.[13] Students admitted to the programme have the option to start their studies on either the Asia (Singapore) or Europe (France) campus,[14] and do an exchange in North America (USA) through the INSEAD-Wharton Alliance.[15] In it, students are able to specialise in one of eight areas: Accounting, Decision Sciences, Entrepreneurship, Finance, Marketing, Organisational Behavior, Strategy, and Technology and Operations Management.[16] INSEAD offers fellowships, whereby students receive full tuition fee waiver, annual stipend and research support funding.[17]

Executive Education[edit]

INSEAD holds both company/firm specific and open enrolment executive education programmes at its campuses in Europe and Asia and at its Executive Education centre in Abu Dhabi, as well as 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 12,000 executives from over 125 countries undertake courses or programmes at INSEAD each year.[18]

In 2011, INSEAD launched a new Executive Certificate in Global Management which is awarded to participants who complete at least three INSEAD global management and leadership programmes.

Partnerships and Alliances[edit]

INSEAD has exchange programmes with Wharton School of the University of Pennsylvania (Alliance - launched in 2001);[19][20][21]Kellogg School of Management (MBA exchange programme - launched in 2010);[22] The Paul H. Nitze School of Advanced International Studies at Johns Hopkins University in Washington, D.C. (Dual-Degree MA and MBA programme - launched in 2011); Tsinghua (Dual EMBA programme - launched in 2006); CEIBS (China Europe International Business School) (Executive Education programme - launched in 2012, MBA exchange launched in 2013); and Sorbonne University (alliance) - INSEAD is a founding partner in the multidisciplinary Sorbonne University created in 2012.

Research[edit]

INSEAD has 15 Research Centres conducting research in different business and geographical areas, including: Centre for Decision Making and Risk Analysis (CDMRA);[23] Emerging Markets Institute;[24] Healthcare Management Initiative;[25] INSEAD Africa Initiative;[26] INSEAD Blue Ocean Strategy Institute;[27] INSEAD Centre for Entrepreneurship (ICE);[28] INSEAD Corporate Governance Initiative;[29] INSEAD eLab;[30] INSEAD European Competitiveness Initiative;[31] INSEAD Global Leadership Centre (IGLC);[32] INSEAD Global Private Equity Initiative (GPEI);[33] INSEAD Innovation and Policy Initiative (IIPI);[34] INSEAD Social Innovation Centre;[35] INSEAD Social Science Research Centre (ISSRC);[36] INSEAD-Wharton Center for Global Research and Education;[37] Learning Innovation Centre;[38] Wendel International Centre for Family Enterprise;[39] and Women@INSEAD[40]

Teaching methods[edit]

Teaching methods at INSEAD include case studies, lectures, peer-to-peer learning, tutorials, group work, simulations and role-plays.

Case studies[edit]

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.[41]

The Business cases that have been designed at INSEAD have received many awards,[41] are made available in Case clearing houses, and used by many other business schools.

Business simulation games[edit]

Business simulation games are largely used by INSEAD. Many of them have been designed by INSEAD faculties

Examples of Business simulation games that have been designed by INSEAD faculties[42] and used in many institutions:

  • The EIS simulation[43] (Change management)
  • FORAD[44] (Finance)
  • INDUSTRAT (Marketing)
  • Markstrat (Marketing)

Innovation in education[edit]

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:

  • INSEAD CALT (the Centre of Advanced Learning Technologies).[45] INSEAD CALT is and has been involved in many research projects, and in particular projects funded by the research programmes from the European Commission on approaches such as business simulations, or learning communities.
  • INSEAD Learning Innovation Centre.[46] INSEAD Learning Innovation Centre was funded to managing innovation in INSEAD programme design and delivery. For instance, INSEAD Learning Innovation Centre has introduced the use of Second Life virtual world as an education tool.[47]
  • INSEAD eLab.[48] eLab is the INSEAD center that connects research sponsors and external collaborators interested in the area of Big Data and Data Analytics with INSEAD's expertise in this broad area. INSEAD eLab conducts research and supports teaching focused on data analytics business solutions, tools, frameworks, and research insights that can help academics and practitioners better capitalize on the vast opportunities the "world of data" creates. To achieve this, the center involves INSEAD faculty with specific domain expertise (e.g. in Marketing, Economics, Operations, or Finance), senior researchers from different fields, engineers and data scientists, and collaborators from other academic institutions as well as the private sector. The center also uses state-of-the-art data analytics and collaborative software development platforms, which enable both advanced data analytics approaches and seamless collaboration within INSEAD as well as with other institutions and sponsors.

Alumni[edit]

Main article: List of INSEAD alumni

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 of 46,000+ members in 171 countries.[49] Many are members of the INSEAD International Alumni Association, which has 46 national alumni associations.[50]

In addition to the national associations, INSEAD alumni have formed clubs and groups dedicated to specific industries or activities.[51] These include the Energy Club,[52] the INSEAD Healthcare Alumni Network[53] the Salamander Golf Society.[54]

See also[edit]

Blue Ocean Strategy Book

References[edit]

  1. ^ "INSEAD's Endowment". INSEAD. Retrieved 19 May 2014. 
  2. ^ "Ilian Mihov appointed Dean of INSEAD". MBA Today. 
  3. ^ "WILL VIDEO KILL THE CLASSROOM STAR?". Wharton. Retrieved 29 Aug 2014. 
  4. ^ "Who We Are". INSEAD. Retrieved 28 July 2014. 
  5. ^ "INSEAD at 50: The defining years". INSEAD. Retrieved 19 May 2014. 
  6. ^ "Our History". INSEAD. Retrieved 19 May 2014. 
  7. ^ "INSEAD Full Time"
  8. ^ Datar, Srikant M.; Garvin, David A.; Knoop, Carin-Isabel (May 2009). "INSEAD". Harvard Business School Case 308-009. 
  9. ^ "After Google, INSEAD MBA Drives Startup", Business Because.
  10. ^ "Global MBA Ranking 2014". Financial Times. Retrieved 18 November 2013. 
  11. ^ "The Best Business Schools". Forbes. October 2013. Retrieved 18 November 2013. 
  12. ^ "Full time MBA ranking". The Economist. Retrieved 2014-10-10. 
  13. ^ "INSEAD PhD in Management Overview". Retrieved 31 March 2014. 
  14. ^ "INSEAD PhD in Management Programme Overview". INSEAD. Retrieved 2014-01-31. 
  15. ^ "INSEAD-Wharton Alliance". 
  16. ^ "INSEAD PhD in Management Areas of Specialisation". Retrieved 31 March 2014. 
  17. ^ "INSEAD PhD in Management Fellowship and Financing". 
  18. ^ "INSEAD at a Glance". INSEAD. October 2013. Retrieved 19 November 2013. 
  19. ^ "Wharton–INSEAD Alliance". Wharton School of the University of Pennsylvania. Retrieved 2014-01-31. 
  20. ^ "The INSEAD-Wharton Alliance". INSEAD. Retrieved 2014-01-31. 
  21. ^ "INSEAD Wharton Exchange". INSEAD. Retrieved 2012-06-25. 
  22. ^ "INSEAD Kellogg Exchange". INSEAD. Retrieved 2012-06-25. 
  23. ^ Centre for Decision Making and Risk Analysis (CDMRA)
  24. ^ Emerging Markets Institute
  25. ^ Healthcare Management Initiative
  26. ^ INSEAD Africa Initiative
  27. ^ INSEAD Blue Ocean Strategy Institute
  28. ^ INSEAD Centre for Entrepreneurship (ICE);
  29. ^ INSEAD Corporate Governance Initiative
  30. ^ INSEAD eLab
  31. ^ INSEAD European Competitiveness Initiative
  32. ^ INSEAD Global Leadership Centre (IGLC)
  33. ^ INSEAD Global Private Equity Initiative (GPEI)
  34. ^ INSEAD Innovation and Policy Initiative (IIPI)
  35. ^ INSEAD Social Innovation Centre
  36. ^ INSEAD Social Science Research Centre (ISSRC)
  37. ^ INSEAD-Wharton Center for Global Research and Education;
  38. ^ Learning Innovation Centre
  39. ^ Wendel International Centre for Family Enterprise
  40. ^ Women@INSEAD
  41. ^ a b 2008 European Case Awards
  42. ^ "INSEAD Simulations". INSEAD. Retrieved 2012-06-25. 
  43. ^ "EIS Simulation"
  44. ^ "FORAD"
  45. ^ INSEAD CALT (Centre for Advanced Learning Technologies)
  46. ^ "INSEAD Learning Innovation Centre". INSEAD. Retrieved 2012-06-25. 
  47. ^ Murray, Sarah (October 27, 2008). "Technology: Networking widens EMBA net". Financial Times. 
  48. ^ "INSEAD elab". INSEAD. Retrieved 2013-11-18. 
  49. ^ "INSEAD - Alumni - Global Alumni Network". INSEAD. Retrieved 2012-06-25. 
  50. ^ "Welcome to the INSEAD Alumni Community". Retrieved 19 November 2013. 
  51. ^ "Alumni Interest Groups". Retrieved 19 November 2013. 
  52. ^ "Energy Network". INSEAD. Retrieved 19 November 2013. 
  53. ^ "INSEAD Alumni Health Network". 
  54. ^ "Salamander Golf Society". Retrieved 19 November 2013.  and the secretive but highly influential Renaissance Club.

External links[edit]