Poets & Quants Top Business Schools
Location: Boulevard de Constance Fontainebleau, France 77305
For Summer of 2013: March 21, 2013
For Winter of 2013: August 16, 2013
With two fully-integrated campuses in Europe and Asia and over 80 different nationalities in the classroom, INSEAD’s accelerated MBA program offers a deep and profound multicultural experience. The MBA program runs in parallel on the school’s campuses in France and Singapore. Students also have the opportunity to visit the campus in Abu Dhabi to take part in an elective course, as well as take advantage of the alliance with the Wharton School of the University of Pennsylvania and an exchange opportunity with Northwestern University’s Kellogg School of Management.
The MBA curriculum is designed to quickly and thoroughly prepare students for a career in international business. The first few study periods are based on a structured series of 14 core courses. These courses cover all of the key management disciplines, as well as focusing on the environment in which business takes place. The second half of the program can be customized. Choosing 11 electives from a portfolio of more than 70, students create a unique mix of topics to support individual educational and professional goals. MBA students can pursue a generalist path towards management or concentrate on a specific area, such as finance or entrepreneurship.
Throughout the core curriculum, students work in study groups of five to six. Once students begin their elective courses, groups are no longer predetermined.
Latest Up-to-Date MBA Rankings:
Poets&Quants (2012): 2 (Non-U.S.)
BusinessWeek (2012): 2 (international)
Forbes (2011): 2 (international one-year programs)
Financial Times (2012): 6 (global), 2 (non-U.S.)
The Economist (2012): 19 (global), 7 (non-U.S.)
INSEAD’s slippage is largely due to Bloomberg BusinessWeek’s significantly improved ranking for the London Business School which moved into its number one spot in 2012. INSEAD also fell a notch from sixth to seventh place in The Economist’s 2012 ranking among non-U.S. schools.
Even so, the school actually did much better in the BusinessWeek survey, which largely ranks schools on the basis of graduate and corporate recruiter satisfaction. INSEAD jumped three places to finish second in 2012 from fifth in 2010.
As a Class of 2012 grad told BusinessWeek: “INSEAD is not just a business school experience, it is a life experience. The intensity of the program both academically and socially forges a very strong bond between classmates, and the dual campus structure and numerous opportunities for travel only serve to reinforce that.”
Tuition & Fees: $71,718, up from $68,107 a year earlier
Recommended Budget: $102,062
Average GMAT: 704
GMAT Range (Mid-80%): 660-750
Average GPA: NA
Acceptance Rate: NA
INSEAD has the highest GMAT hurdle rate of any European business school, with an average GMAT score for its latest entering class of 704. That’s a wee bit better than London Business School’s 700 average and considerably better than the 661 average for HEC Paris, another of Europe’s best business schools.
Full-Time MBA Enrollment: 1,006
Mean Age: 29
2011 Median Base Salary: $119,500, up from $111,900 in 2010
2011 Median Signing Bonus: $21,700, up from $14,600 in 2010
Percentage of MBAs with Job Offers at Graduation: 80%, up from 64% in 2010
Percentage of MBAs with Job Offers Three Months Later: 93%, up from 86% in 2010
INSEAD grads are among the highest paid MBAs in Europe, pulling down average starting base salaries of $122,900, slightly more than London Business School’s $121,206 average and considerably more than ESADE’s $94,221 average. The highest reported MBA starting salaries are at IMD where the average number was $129,600.
INSEAD’s Class of 2011 had much success in the job market, with 93% of the MBAs getting job offers within three months of graduation. That was the same success rate at London Business School and better than IE Business School’s 83% and ESADE’s 63%. The European business school with the best placement record for grads three months after commencement was IMD where 96% of the MBAs had job offers.
Top recruiting organizations in 2011:
- McKinsey & Company 127
- The Boston Consulting Group 60
- Bain & Company 48
- Booz & Company 40
- Roland Berger Strategy Consultants 15
- A.T. Kearney 14
- Google 13
- Johnson & Johnson 10
- L.E.K. Consulting 9
- Standard Chartered Bank 9
- Accenture 8
- Barclays capital 8
- LVMH 8
- Rocket Internet 8
- Eli Lilly 7
Where the Class of 2011 Went to Work:
- Government: 1%
- Consulting: 44%
- Consumer Products: 11%
- Financial Services: 19%
- Manufacturing: 3%
- Media/Entertainment: 1%
- Non-Profit: 2%
- Petroleum/Energy: 2%
- Pharmaceutical/Biotechnology/Health Care: 5%
- Real Estate: 1%
- Technology: 5%
- Other: 6%
INSEAD: The Business School for the World
As one of the world’s leading and largest graduate business schools, INSEAD brings together people, cultures, and ideas from around the world to change lives and transform organizations. With 3 campuses—in Fontainebleau, Singapore, and Abu Dhabi—and over 80 different nationalities represented in the classroom, INSEAD offers a uniquely multicultural experience. Offering an accelerated MBA, modular Executive MBA, a newly- launched Master of Finance and Dual-Degree option, INSEAD helps students at various stages of their professional careers prepare for success in the global marketplace. To learn more about INSEAD and different degree programmes, visit the website.
INSEAD consistently ranks among the top MBA programs in the world. Recent rankings include:
- #1 MBA outside of the US (Poets and Quants, 2011)
- Global Executive MBA program is the highest-ranked, single-school program and its dual degree Tsinghua-INSEAD EMBA programme is ranked #4 in the world (Financial Times 2012)
Diversity is at the heart of INSEAD, as it gives students the opportunity to learn from classmates with various life and professional experiences and viewpoints. The faculty is diverse as well, with 145 members from 37 different countries.
The incoming class of 2013 alone came from 84 different countries. Geographic areas represented were:
Asia Pacific: 30%
Central/Eastern Europe: 8%
Latin America: 5%
Northern/Western Europe: 23%
Southern Europe: 9%
US & Canada: 15%
Only 20% of students’ native language was English, and 10% was French, with German, Spanish, Mandarin, Arabic, Hindi, and a host of other languages comprising the balance.
INSEAD’s representation of women has risen from 17% in 2005 to 34% in 2013. Or, to put it in absolute terms, over 345 women will obtain an INSEAD MBA in 2013 – this is one of the highest representations of women amongst leading business schools. But we know we can do better and are working towards 50% – not just for INSEAD’s own sake but to help achieve gender equality in the wider business community. Hence an emphasis on MBA scholarships for women and support more broadly for gender initiatives on campus.
Among the 100 scholarships awarded each year, several are dedicated exclusively to female MBA participants, including:
- The Forte Foundation Fellowship
- The INSEAD Judith Connelly Delouvrier Scholarship
- The Mette Roed Heyerdahl Memorial Scholarship
- The INSEAD Alumni Fund Scholarship for Women
- The INSEAD Groupe Galeries Lafayette Scholarship
In 2011, INSEAD graduates joined over 450 companies in 64 countries. Of those 948 graduates looking for a job, 92% found employment within 3 months of leaving INSEAD. 9% of graduates accepted jobs in the North America region ,25% of MBAs took up opportunities in Asia Pacific, and 41% working in Western Europe after graduation.
That same year, 38% of graduates went into corporate sectors, while High Tech/Telecommunications and energy industries grew particularly strong . Also, for the first time, 4% of INSEAD MBA graduates took social impact positions immediately upon graduation. Employment in the Consulting and Finance sector was 38% and 23% of MBAs joining these sectors respectively. Of note, 82% of MBAs changed sector, function or country following the MBA.
Some of the job titles and sectors of recent graduates include:
- Strategy Manager—Energy, France
- Demand Excellence Lead (Marketing)—Primary Industries, Singapore
- Corporate Development Manager—Conglomerate, France
- IT Platforms & Operations Manager—FMCG, India
- Business Development/Corporate Planning Manager—Luxury, Hong Kong
- Manager, Business Development—Healthcare, Singapore
- Senior Regional Supply & Demand Planner—High Tech, Singapore
- Associate/Consultant/Senior Consultant—Consulting, various locations
The INSEAD MBA is a combination of innovative ideas and teaching methodologies focused on individual needs, delivered in a unique learning environment in just one accelerated year. The accelerated MBA curriculum develops successful, thoughtful leaders and entrepreneurs who create value for their organizations and communities. The 10-month program covers 80% of the course hours of a traditional 2-year MBA program by focusing on study 5 days a week and avoiding “down-time.”
There are two classes each year:
- The Class of July begins in late August and graduates in early July the following year.
- The Class of December begins in early January and graduates in late December and includes an 8-week summer break, which students may spend doing an internship or project work.
Academics are identical for both classes, and both classes benefit from comparable recruitment opportunities, but there are several elements to consider when choosing a class. For one, major investment banks most often recruit for their summer associate program, which they view as an entry point for full-time positions. For another, US recruiters hire more actively from the December class.
The program can be completed on INSEAD’s Europe campus in Fontainebleau, France, or the Asia campus in Singapore or in fact both campuses as INSEAD offers a unique campus exchange opportunity beginning “period 3” (four months into the program). Both campuses are equally diverse, both have world-class faculty in residence, and both offer MBA participants access to global career opportunities. In addition to being able to study in Singapore or Fontainebleau, participants also have a chance to take advantage of INSEAD’s alliance with the Wharton School of the University of Pennsylvania and the student exchange with the Kellogg School of Management at Northwestern University. Most recently, INSEAD has also introduced an exchange opportunity with China Europe International Business School (CEIBS) in Shanghai, China for the January intake.
The rigorous curriculum is designed to quickly and thoroughly prepare students for a career in international business. This aim is reflected in the compressed timeframe, reliance on group work, and a clear focus on international markets and settings.
The MBA program includes 5 periods, each one lasting 8 weeks. Every period ends with exams and a short break. The first few study periods are based on a structured series of 14 core courses. These courses cover all of the key management disciplines, as well as focusing on the environment in which business takes place. Subjects such as “Macroeconomics in the Global Economy” and “International Political Analysis” enable students to understand the drivers of change that will affect their future careers.
During the core curriculum, participants work in study groups of 5-6, where no more than 2 people of the same nationality are represented. Students get to know their groups very well as they work on various projects during the first few periods of the MBA. Drawing from INSEAD’s unparalleled diversity, participants develop the communication and leadership skills necessary to apply their world-class business education anywhere in the world.
Students are free to customize the second half of the program. Choosing 11 electives from a portfolio of more than 75, they create a unique mix of topics to support individual educational and professional goals. Students can also pursue a generalist path towards management or concentrate on a specific area.
Entrepreneurship is one of INSEAD’s distinctive offerings and an area of growing interest to many students, as over 50% of graduates set up or run their own company at some stage in their career. Those who want to create or run a business within a corporation or invest in early-stage companies have access to a significant offering of electives in entrepreneurship, including several that take learning out of the classroom. For example, students taking “Building Business in China” or “Building Business in India ” travel to those countries to meet a variety of entrepreneurs and executives.
The 10 elective areas students can choose from are as follows:
|Academic Area||Sample Courses|
|Accounting and Control
Economics and Political Science
Entrepreneurship and Family Enterprise
Technology and Operations Management
|Applied Corporate Reporting
Financial Statement Analysis
Strategic Cost Management
Management Decision Making
Advanced Game Theory
Economics & Management in Developing Countries
Europe and the EU in a Changing World
Building Business in China (field study)
Entrepreneurial Strategies for Emerging Markets
Social Entrepreneurship & Innovation
Applied Corporate Finance
Hedge Funds & Alternative Investments
Value Creation in Corporate Restructuring
Business to Business Marketing
Pricing Strategies & Tactics
Career Dynamics & Self Assessment
Power & Politics
Psychological Issues in Management
Blue Ocean Strategy Simulation
Industry & Competitive Analysis
Strategy, Structure & Incentives
Competitive Supply Chains
Social Media Strategies
Strategic Corporate Social Responsibility
The Art of Communication
Is the MBA Program right for you?
INSEAD admits 2 classes per year, each comprising nearly 500 students, with 300 participants starting on the Europe campus in Fontainebleau, France, and around 200 participants beginning on the Asia campus in Singapore. Applicants typically have 5 years of work experience, but more important than the length of experience is that candidates have demonstrated solid achievements and dynamic career progression.
Applicants must have a bachelor’s degree, and although many candidates have an advanced degree, it’s not required.
Because of the international focus of the program, participants must speak fluent English and have practical knowledge of another language before the program begins, and basic knowledge of a third language before the program concludes.
Global Executive MBA Program
The part-time Global Executive MBA Program takes place on the Singapore, Fontainebleau, and Abu Dhabi campuses. Regardless of which campus is chosen as the base campus, students get to experience all 3 throughout the program. Due to the unique modular structure of the program, participants only need to take 45-60 days away from work over a period of 14-17 months, depending on the base campus, making it ideal for career-focused professionals.
Focusing on depth, breadth, and personal development, the curriculum is designed to give working adults the convenience of a part-time program that lets them use their work to inform their learning. The program is structured so participants study on-campus for 12 weeks, and then complete projects off-campus for 5 weeks.
During the first half of the program, Business Fundamentals, participants take 12 intensive core courses. Students also have a chance to choose electives that help them delve deeper into the core areas. In between sessions, students work individually and in groups on preparation for upcoming modules, course essays, take-home exams, and projects.
The second half of the program, Managerial Practices, focuses on integrative managerial issues and connecting theory to practice. The core component is a series of courses called “Key Management Challenges” (KMC’s). These multidisciplinary courses expose students to broad and challenging issues, while allowing them the choice of modules.
Leadership Development Program
A unique and specific integrated curriculum helps participants identify and develop their leadership style and progress through reflection and exchange, utilizing the following elements:
- Academic Content—The core course, “Leading People and Organizations,” equips participants with an understanding of Leadership fundamentals (interpersonal and team level) and provides a framework for leading complex organizations. It also kicks off and motivates the LDP. Leadership content emerges in other coursework and specialized sessions as the year goes on.
- Live Forums—INSEAD attracts senior leaders from various industries who participate in “Leader Forum” series, which are part speaking event, part open and intimate discussion. The LDP Peer Exchange process offers participants a chance to learn actively from one another’s business context.
- Interactive Coaching—The facilitated group-based coaching experience that runs over the course of the year helps participants make real gains in their approach to leadership.
- Career Services—Participants in the program have access to the comprehensive set of tools and events offered by Career Services to help figure out career goals.
Capstone Business Simulation
Near the end of the program, participants take part in a powerful computer-based simulation to exercise their disciplinary skills in a competitive and highly realistic game. The game replicates a set of international competitors, each with multiple products selling in several countries. Each firm/team formulates its strategy and makes various decisions, from marketing mix to production lines to financing sources. Simulated financial markets assess the competitive results, and groups compete for capital through the banks and capital markets.
Played in small teams which compete against one another, this simulation is a highly popular capstone to the course, bringing together many lessons and helping participants develop a stronger general management view of business.
Is the Global Executive MBA Program right for you?
Successful applicants are experienced executives with intellectual curiosity and a desire to learn and challenge themselves in a rigorous academic program. While they have a wide range of backgrounds and experiences, successful candidates are distinguished by academic excellence, international awareness, strong interpersonal skills, and the potential to succeed as a leader in a competitive, global business environment. Especially important is the ability for participants to demonstrate their potential as leaders through their professional experience and past performance.
Participants in the current class have an average of 12 years of work experience, with a range between 7 to 18, and at least 3 years in management. More important than the length of the experience, though, is the quality of applicants’ accomplishments and motivation through career evolution.
Master of Finance
The Master of Finance, launched in April 2013, offers participants a greater depth of finance and accounting skills than typically gained in an MBA, while offering the leadership and management perspective not usually found in a traditional finance degree. The part-time 20 month program is geared towards working finance and investment professionals. In addition to the 12 weeks on campus, there is significant work to be done between modules, often aimed at applying classroom theory to practical business needs, equating to a total of approximately 17 weeks. Similar to INSEAD’s other programs, it leverages INSEAD’s campuses in Europe and Asia and its international faculty to provide a truly global and entrepreneurial learning experience. Curriculum
Finance is the central academic content in the degree. Core and concentration courses build at a postgraduate level, combining a comprehensive range of topics to develop skills and knowledge in applying financial principles to complex transactions in finance. Courses and topics include: “Capital Market”, “Portfolio Theory”, “Corporate Finance”, “Mergers and Acquisitions” and “Leveraged Buyouts.” The Master in Finance program gives the opportunity to concentrate in either Corporate Finance or Financial Markets. Along with the core finance courses, the principles and applications of accounting used as part of financial analysis are important elements in this degree; sample courses are: “Statement of Cash Flows”, “Ratio Analysis” and “Shareholders’ Equity.”
The Master of Finance also offers a full suite of electives that evolve with changing priorities in the financial industry and evolving industry needs. The final Capstone module ties together many of the management issues in finance touched upon throughout the programme and makes the ultimate link to current business practices.
Is the Master of Finance right for you?
While displaying a remarkably wide range of backgrounds and experiences, successful INSEAD Master in Finance candidates are distinguished by demonstrated quantitative skills, academic excellence, strong interpersonal skills and the potential to succeed as a leader in a competitive, global, business environment. On average, successful candidates have 7 years work experience in a finance-related role.
INSEAD-SAIS Dual-Degree Program
INSEAD and The Johns Hopkins University Paul H. Nitze School of Advanced International Studies (SAIS) have joined together to offer a comprehensive dual MBA/MA degree. This program allows students from both schools to complete the SAIS Master of Arts (MA) and INSEAD MBA simultaneously, preparing them for careers that combine international affairs and business administration. Students admitted to both programs can complete both degrees in 2.5 years, instead of the 3 years required to complete the degrees separately, by spending 1.5 years at SAIS and one year at INSEAD.
SAIS waives 4 non-language courses or one semester worth of coursework, in recognition of the relevance of the electives taken at INSEAD. Those completing the INSEAD MBA must take the full 5 periods of coursework required for the regular MBA, for a total of 23.5 courses, including 13 core courses and 10.5 elective courses.
Participants may begin at either SAIS or INSEAD. Both INSEAD and SAIS offers career and student services to participants, which will be available from the time the student matriculates at either institution until the completion of the program.
Is the INSEAD-SAIS Dual-Degree Program right for you?
Candidates must apply to both schools and will need to meet the regular admissions requirements of both schools. Current students at either school can apply to the other school to become part of the dual-degree program.
For more information on the Johns Hopkins University Paul H. Nitze School of Advanced International Studies, visit the website.
The INSEAD Career Development team is made up of career counselors, workshop facilitators, and sector specialists who partner with students to ensure they get the most out of their time at INSEAD. Fully integrated across both the Europe and Asia campuses, the global team helps participants shape career objectives, hone job-finding skills, and develop a job search strategy. Career Services assists MBA participants on both campuses with their job search and is committed to ensuring that the experience is successful for both the participants and the companies. The Career Development team also works with participants in our Executive MBA and Master of Finance program by providing a series of activities including workshops, discussions and one-on-one coaching sessions to support professional development.
OCR (On-Campus Recruiting)
On-Campus Recruiting events for MBA participants consist of company presentations usually followed by a networking reception when students can mingle with company representatives. Interviews are then held at a later stage.
3 recruitment campaigns are organized per year:
- January – February: For summer internships/projects for December graduates
- March – June: For full-time positions for July graduates and summer internships/projects for December graduates
- September – December: For full-time positions for December graduates.
The recruitment period begins with 3 weeks of company presentations taking place in the evenings, with interviews on campus or in local offices/hotels starting shortly after. Interview sign-ups are orchestrated through the on-line interview scheduling system. State-of-the-art telecommunications enable participants on both campuses to watch company presentations and interview with recruiters by video conference.
Independent Job Search
Members of the Career Services team provide guidance on job search strategy, contacts, cover letters, resume adaptation, and more.
Companies with a specific career opportunity or summer job can post it on-line using the dedicated “CareerLink” platform. Over 2000 of these career opportunities are available to MBA participants each year via CareerLink. Students can sort jobs by criteria, save jobs in a “job cart” for later reference, keep track of applications, and also set up job alerts to automatically receive an e-mail when a relevant job is posted.
The CV Book
For each MBA class, the Career Services publishes the curricula vitae (CV) of all participants available for employment. Available online and as a book, it’s an important tool for prospective recruiters.
Participants frequently organize “treks” to countries to meet first-hand with a selection of companies. Regional, sector-specific treks (e.g., investment banking, media, high-tech) also take place. Career Services supports these treks, providing guidance and information as needed. Recent career treks to Switzerland, London, Abu Dhabi, Paris, Singapore, and Genevawere organized.
Learn more about the numerous ways INSEAD helps students prepare for a successful career.
Forthcoming events can be found here.