INSEAD is an international graduate business school and research institution with campuses in France and in Singapore. The official name of the school is INSEAD (phonetically pronounced IN-see-ad), which originally stood for Institut Européen d?Administration des Affaires.^[1]

One of the world's leading business schools, INSEAD's main differentiation factor lies in its global perspective and cultural diversity.^{[2][3][4][5][6]}

The school offers a full-time MBA program, doctoral programs and many executive education programs.

Mission

INSEAD's stated mission is to "promote a non-dogmatic learning environment that brings together people, cultures and ideas from around the world, changing lives, and helping transform organisations through management education", "develop responsible, thoughtful leaders and entrepreneurs who create value for their organisations and their communities" and "through research, expand the frontiers of academic thought and influence business practice".^[7]

Campuses

INSEAD has two main campuses. The original campus is located in Fontainebleau, near Paris, France, adjacent to the second largest forest in Europe. INSEAD's other main campus is in the city-state of Singapore. They are officially called the Europe Campus and the Asia Campus respectively. The school officially emphasizes it is a global school, neither a French nor a Singaporean school.^[8]

MBA

Outline of the program

The INSEAD MBA curriculum is made of 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. The teaching method includes case studies, lectures, peer to peer learning, group work, simulations and role-plays. MBA participants are graded on a relative curve.

INSEAD's student body comprises more than 70 nationalities, with no nationality representing more than 15% of the student body. 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%.^[9]

There is no distinction in admissions between either campus for MBA participants.^[10] All MBA participants can choose a preferred campus to start the MBA programme, and have an option to move to either location. Professors also move between campuses throughout a year. More than 70% of December 2006 class MBA participants opted to exchange between the two campuses.^[11] In addition to studying in Europe and Asia, participants can also opt to complete part of the programme in the US (there is an alliance between INSEAD and the Wharton School where MBA participants at each school can study at the other).

Admissions

The Admissions Committee selects candidates from a pool of applicants on the basis of various qualities and look in particular for excellent academic performance, career progress, interpersonal skills and leadership potential.^[12]

All applicants must hold a bachelor's degree or equivalent, demonstrate fluency 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. MBA participants' average GMAT score is currently 702 (class of July 2007).^[13]

Applicants who successfully pass the initial screening process by the Admissions Committee are invited to two interviews conducted by two different INSEAD MBA alumni in their country of residence.^[12]

All participants must have a practical knowledge of a language other than English at entry and are required to be proficient in a third language in order to graduate from the program.

Post MBA Careers

INSEAD is recognised as a source of individuals with proven academic excellence and strong managerial potential. The INSEAD Career Services team ^[14] 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 2007 class MBA participants and the number of graduates employed were McKinsey & Company (106), Bain & Company (40), Boston Consulting Group (35), Booz Allen Hamilton (21), Barclays Group (16), Deutsche Bank (13), Johnson & Johnson (13), A. T. Kearney (12), Lehman Brothers (10).^[15]

INSEAD has a reciprocal agreement with Wharton, Harvard and Stanford to share career services. Alumni of the four schools have access to job opportunities database of each other.^[16]

INSEAD also participates in the MBA Global Career Forum, together with other leading business schools.^[17]

INSEAD MBA Clubs

INSEAD MBA has a large number of student clubs, including:

Global Leader Series

The Global Leader Series is organized by MBA program participants at INSEAD to bring distinguished global leaders such as CEOs of global corporations and other business and world leaders to the INSEAD MBA program.

INSEAD Private Equity Club

IPEC is one of the most prominent clubs on INSEAD campus. It organizes the Annual INSEAD Private Equity Conference - which provides a forum for discussions of the latest industry developments, as well as networking opportunities. Since 2003, the INSEAD Private Equity Conference has grown to be the largest and most successful Private Equity and Venture Capital event hosted by an academic institution in Europe. Its success has grown as a result of the large network of alumni working in the industry worldwide, INSEAD's relationships with top firms and the presence of a leading finance faculty.

INDEVOR

Founded in 1993, INDEVOR is the largest MBA student club at INSEAD. INDEVOR serves as a forum to examine the role of business in society. While originally focused purely on International Development, over the past years INDEVOR's focus has shifted to all areas that might be considered under the Social Impact umbrella (CSR, Philanthropy, Sustainability, microfinance, etc.). ^[18]

INSEAD Energy Club

The INSEAD Energy Club is a forum of discussion and networking for energy and environment related issues for all of the INSEAD community. By leveraging its alumni network and corporate relationships across both campuses, they are able to support future entrepreneurs in nascent industries such as alternative energy technologies and carbon trading, and reach across the entire energy spectrum from nuclear, oil & gas, and coal through to the newer "clean" technologies.

The club takes corporate social responsibility seriously, and promotes sustainability issues through close cooperation with the INSEAD International Development Club, also known as INDEVOR, and the INSEAD Social Innovation Center http://www.insead.edu/mba/clubs/energyclub/ ^[19]

INSEAD Women In Business Club

The INSEAD Women in Business club is a forum for collaboration and community building among MBA students interested in the role of future women business leaders. The goals of the club are to provide networking opportunities with alumnae and successful businesswomen in order to provide role-models for current students; support the professional, academic, and social interests of women in business; strengthen INSEAD culture by promoting an environment of tolerance and respect for all students; and attract more qualified female participants into INSEAD's programs.

^[20]

Executive Education

INSEAD holds both company specific and open enrollment executive education programmes. They include general management, leadership, finance and banking, strategy, people and performance management, marketing, operations management and entrepreneurship and family business programmes.^[21]

INSEAD Alumni Association

INSEAD Alumni Association Emblem

INSEAD alumni live in over 160 countries across all continents.

There are 37 countries around the world in which over 100 INSEAD alumni live and work. There are approximately 18,000 living MBA alumni and 42 national alumni associations. ^[22]

Most INSEAD alumni are members of the INSEAD International Alumni Association with its 42 national alumni associations, and return for their alumni reunions on campus.^[23]

INSEAD Research Centres (Centres of Excellence)

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, Euro-Asia and Comparative Research Centre and Centre for Decision Making and Risk Analysis.

INSEAD Knowledge

INSEAD Knowledge web portal showcases faculty research, with articles and podcast interviews (audio and video). It also features interviews with business leaders. The portal is updated frequently.

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, developed 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
• Robert U. Ayres, Emeritus Professor of Economics and Political Science and Technology Management, a pioneering interest in material flows and transformations (industrial ecology or industrial metabolism); and most recently to challenging long-held ideas on the economic theory of growth.
• Jean Dermine, Professor of Banking and Finance, author of "Asset & Liability Management, a Guide to Value Creation and Risk Control"

Brief history

• 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

• 1959–1964 Olivier Giscard d'Estaing (Director)
• 1964–1971 Roger Godino (Part time Dean of Faculty)
• 1971–1976 Dean Berry
• 1976–1979 Uwe Kitzinger
• 1979–1980 Claude Rameau (Dy Director General)
• 1980–1982 Heniz Thanheiser
• 1982–1986 Claude Rameau & Heniz Thanheiser
• 1986–1990 Philippe Naert & Claude Rameau
• 1990–1993 Claude Rameau & Ludo Van der Heyden
• 1993–1995 Antonio Borges & Ludo Van der Heyden
• 1995–2000 Antonio Borges
• 2000–2006 Gabriel Hawawini
• 2006 - present Frank Brown

(Source: INSEAD From Intuition to Institution JL Barsoux 2000) ^[24]

References

External links

• INSEAD's official website
• INSEAD Knowledge - Best of business research
• the official website of the INSEAD Alumni Association
• Independent Profile
• World's Top 10 Business Schools Global Career Forum
• INSEAD Energy Club
• http://www.ecch.com/about/release-12.cfm
• INSEAD Social Innovation Centre
• INSEAD CALT (Centre for Advanced Learning Technologies)

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