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INSEAD

Coordinates: 1°18′01″N 103°47′16″E / 1.30028°N 103.78778°E / 1.30028; 103.78778
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INSEAD
File:Inseadlogon2.jpg
Motto"The Business School for the World"
TypePrivate
Established1957
DeanFrank Brown
Postgraduates900+, mainly MBA
Location
Fontainebleau and Singapore
,
France and Singapore
CampusFontainebleau and Singapore
Websitewww.insead.edu

INSEAD is a graduate business school and research institution with campuses in Fontainebleau (near Paris), France and in Singapore. In 2006, an INSEAD Executive Education centre was inaugurated in Abu Dhabi.

The official name of the school is INSEAD (phonetically/pronounced IN-SEE-ADD), originally an acronym for Institut Europeen d'Administration des Affaires.[1]

INSEAD's MBA program has been ranked amongst the top 10 international MBA programs by The Financial Times (7th) [2], BusinessWeek (6th) [3], and in 22nd place by The Economist's survey [4]

143 faculty members from over 30 different countries teach nearly 900 MBA students, 56 Executive MBA candidates, 6,400 executives and 71 Ph.D. students from over 75 countries on its two campuses.[5] Females represent 22% of the student body and 11% of the faculty.[2]

MBA

Outline of the programme

The MBA curriculum is made of a range of required core courses covering traditional management disciplines including finance, economics, organizational behaviour, accounting, ethics, marketing, statistics, operations management, international political analysis, supply chain management and corporate strategy. MBA participants are graded on a relative curve.

The required core courses are combined with electives chosen by the participant in areas of his/her interests. A range of classes, seminars, retreats and/or simulations are offered to help participants to hone their leadership, presentation, communication, career management, inter and intra personal skills.

All participants are bilingual or more at entry and required to learn a third language before finishing the programme. The school officially emphasizes it is a global school, neither a French nor a Singaporean school.[6]

INSEAD's student body comprises more than 70 nationalities, with no nationality representing more than 15% of the student body. There is no concept of ethnic majority/minority or domestic/international students on campus. In other words, all the students are considered minorities and international. Mother tongues of MBA programme participants, July and December 2006 classes, are: English 17%, French 13%, Hindi 8%, Spanish 6%, German 5%, Mandarin 4%, Portuguese 4%, Other 43%.[7]

MBA participants rank their professors following the completion of each course. Professors who score below a certain ranking regularly do not have their contracts renewed. Professor renumeration is based on both academic research and teaching ability.

Admissions

INSEAD is known to be one of the most selective business schools in the world. The Admissions Committee selects candidates from a pool of applicants on the basis of various qualities, including academic performance, career progress, interpersonal skills and leadership potential.

All applicants must hold a bachelor's degree or equivalent, be fluent in English and are required to submit a lengthy application with detailed essays supporting their case, two recommendations, their Graduate Management Admission Test (GMAT) score and academic transcripts. The MBA participants' average GMAT score is currently 702 (class of July 2007).[citation needed]

Applicants who successfully pass the initial screening process by the Admissions Committee are invited to two separate interviews conducted by alumni in their country of residence.

Campuses

INSEAD has two full facility campuses in Fontainebleau, France, and in Singapore. They are officially called Europe Campus and Asia Campus respectively. There is no distinction in admissions and most elective courses are offered across both campuses. All MBA participants can choose a preferred campus to start the MBA programme, and after the first two periods they have an option to move to either location (or to the Wharton school) in each of the third to fifth periods (in 2001, an alliance between INSEAD and the Wharton School was announced). Professors also move between campuses throughout a year. More than 70% of December 2006 class MBA participants have opted to exchange between the two campuses.[8]

Post MBA Careers

Main employers of 2005 class MBA participants and the number of graduates employed were McKinsey & Company (74), Boston Consulting Group (40), Bain & Company (30), Deutsche Bank (18), Booz Allen Hamilton (13), Roland Berger Strategy Consultants (12), Barclays Capital (11), Google (11), Credit Suisse (10). [9]

INSEAD has a reciprocal agreement with Harvard, Kellogg, and Stanford to share career services. Current students and alumni of the four schools have access to job opportunities database of each other.[10] INSEAD also participates in the MBA Global Career Forum, together with other leading business schools including Harvard, Stanford and Wharton.[11]

INSEAD Alumni Association

INSEAD alumni live in over 150 countries across all continents. Today there are 25 countries around the world in which over 100 INSEAD alumni live and work. Most INSEAD alumni are members of the INSEAD Alumni Association with its 40 national alumni associations, and return for their alumni reunions on campus[citation needed].

Notable INSEAD Alumni

Notable Faculty

  • W. Chan Kim, The Boston Consulting Group Bruce D. Henderson Chair Professor of Strategy and International Management, author of Blue Ocean Strategy: How to Create Uncontested Market Space and Make Competition Irrelevant
  • Renée Mauborgne, Distinguished Fellow and Affiliate Professor of Strategy and Management, co-author of Blue Ocean Strategy
  • Manfred F.R. Kets de Vries, Raoul de Vitry d'Avaucourt Professor in Human Resource Management, author of Life and Death in the Executive Fast Lane
  • Luk van Wassenhove, The Henry Ford Chaired Professor of Manufacturing, world expert in operations management
  • Jens Meyer, Adjunct Professor, developped the Strategy Regeneration Process Framework.
  • Herminia Ibarra, Chaired Professor of Organisational Behaviour, author of Working Identity: Unconventional Strategies for Reinventing your Career
  • James Teboul, Emeritus Professor of Operations Management, author of Service Is Front Stage: Positioning Services for Value Advantage
  • Bruce Kogut, Eli Lilly Chaired Professor of Strategy, author of Corporate Governance and Capital Flows

Brief history

The history of INSEAD is chronicled eloquently in the book "INSEAD: From Intuition to Institution" by Jean-Louis Barsoux

  • 1957 INSEAD founded, three months after the Treaty of Rome.
  • 1961 INSEAD Alumni Association founded by alumni
  • 1969 Opening of the school's Fontainebleau forest campus.
  • 1974 First programme on Asian business.
  • 1989 Launch of the PhD programme.
  • 1995 Launch of the first INSEAD Development Campaign.
  • 2000 January: First Singapore MBA class - 53 "Pioneer" students from 26 countries
  • 2000 August: INSEAD's first development campaign achieves €120 million in corporate and private sponsorship.
  • 2000 October: Official opening of the INSEAD Asia Campus in Singapore.
  • 2001 March: Announcement of the INSEAD-Wharton Alliance.
  • 2003 Launch of the INSEAD Executive MBA programme
  • 2004 Launch of the second INSEAD development campaign with a target of €200 million.

Deans of INSEAD

(Source: INSEAD From Intuition to Institution JL Barsoux 2000)

References

  1. ^ "...over the years, the school has extended its European roots to Asia, and has become increasing[ly] known as INSEAD (pronounced IN-SEE-ADD). It is no longer known as, nor is the name European Institute for Business Administration, used. Like Harvard is Harvard and Wharton is Wharton, INSEAD is INSEAD" Answer to "Is INSEAD an acronym? What does it mean?" in INSEAD's official FAQ page
  2. ^ a b "Business School Rankings". Financial Times. Retrieved [August 2], [2007]. {{cite web}}: Check date values in: |accessdate= (help)
  3. ^ "2006 Full-Time MBA Program Rankings". BusinessWeek. Retrieved [August 2], [2007]. {{cite web}}: Check date values in: |accessdate= (help)
  4. ^ "Top of the class". The Economist. Retrieved [August 2], [2007]. {{cite web}}: Check date values in: |accessdate= (help)
  5. ^ [1]
  6. ^ "Why aren't you considered to be a French or Singaporean business school?" in INSEAD's official FAQ page
  7. ^ Class profile page of INSEAD's official website
  8. ^ MBA 2007 Brochure in INSEAD's official website
  9. ^ Careers Report in INSEAD's official website
  10. ^ Career Services in INSEAD'S website
  11. ^ MBA Global Career Forum website

1°18′01″N 103°47′16″E / 1.30028°N 103.78778°E / 1.30028; 103.78778

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