Poets & Quants Top Business Schools
International Institute for Management Development
Location: Ch. de Bellerive 23, P.O. Box 915, CH-1001 Lausanne, Switzerland
Admissions Office: +41 (0)21 618 0111
Admission Deadlines for Class of 2017
Round One: Feb 1, 2016
Round Two: Apr 1, 2016
Round Three: June 1, 2016
Round Four: August 1, 2016
Round Five: September 1, 2016
IMD, located in Lausanne, on the shores of one of Switzerland’s most beautiful lakes, is an executive education powerhouse situated about 40 minutes from Geneva.
Though IMD’s primary business is executive education, the school offers an intensive and intimate one-year MBA experience for just 90 students. It may well be one of the most thoughtfully crafted MBA programs for individuals available. The program — which focuses on leadership, entrepreneurship, and social responsibility — starts in January and ends in December. During that time, students work directly with a start-up company, as well as with CEOs and board-level executives of global companies.
IMD’s “Real World. Real Learning” approach provides the foundation for the MBA program. Taught in English, IMD claims that its MBA covers the same amount of material as a traditional two-year program and incorporates unique leadership experiences, start-up projects, building networks,and intensive personal coaching.
The program starts with business fundamentals in such core areas as accounting, finance, marketing, and operations. Students get to understand the functional areas of organizations and how they work together. The second half of the year is highly project based, allowing advanced application of the fundamentals to real leadership situations. Final grading is based on exams, class participation, and group projects.
Rankings Analysis: IMD slipped one notch to a rank of fifth in Poet&Quants’ composite list of the top 50 non-U.S. MBA programs in 2012. The school also dropped two places from seventh to ninth in the most recent BusinessWeek ranking, and fell five spots to No. 19 in the Financial Times’ listing. The school also lost its third-place spot on The Economist’s ranking, instead coming in at No. 10. Despite these slips, the school remains one of the top non-U.S. MBA programs, as evidenced by its No. 2 spot on The Economist’s 2012 ranking of European business schools.
Note: Profile statistics presented are those of the Class of 2016
Annual Tuition: $30,000 (CHF)
GMAT Range (mid-80%): 620-750
Full-Time Enrollment: 90
Mean Age: 31