INSEAD

INSEAD

The Business School for the World
Location
Fontainebleau, Singapore, and Abu Dhabi
Information
Type Private business school
Established 1957
Chair Andreas Jacobs[1]
Dean Ilian Mihov[2]
Faculty 250+
Endowment €185 million[3]
Website www.insead.edu

INSEAD is a graduate business school with campuses in Europe (Fontainebleau, France), Asia (Singapore), and the Middle East (Abu Dhabi). It offers a full-time Master of Business Administration (MBA) programme, Executive MBA (EMBA) programme, a Master in Finance programme, a PhD in management programme, and a variety of executive education programmes. INSEAD is consistently ranked among the leading business schools in the world. Its MBA programme is ranked first globally by the FT in 2016.

History

The Château de 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.[4] The school was originally based in the Château de Fontainebleau, before moving to its current Europe campus in 1967.[5] The name INSEAD was originally an acronym for the French "Institut Européen d'Administration des Affaires" or European Institute of Business Administration.

Chronology

Campuses

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 has been a pioneer in setting up a multi-campus business school as a way to increase the global presence and nature of its faculty and curriculum.[14][15] A Harvard Business School case study, for instance, explores its approach to business education in a global context and how it functions with a multi-campus setting.[16]

Degree programmes

MBA Programme

INSEAD's MBA participants can take the MBA's core courses at either or both of its Europe and Asia campuses[17] (as well as offering an elective MBA module at its Middle East campus).[18] They follow the same core courses in parallel regardless of campus, and there are faculty who teach on both the Europe and Asia campuses as well as permanent faculty at each of the three campuses who live and work in the respective regions.[19]

INSEAD offers two MBA schedules per year: one starting in September which takes ten months to complete, and a 12-month promotion starting in January for students who want to complete a summer internship.[20]

The INSEAD MBA curriculum comprises required core courses and electives. The core covers traditional management disciplines including finance, economics, organizational behavior, accounting, ethics, marketing, statistics, operations management, international political analysis, supply chain management, leadership and corporate strategy. There are 75 electives on offer[21] in areas such as accounting and control, decision sciences, economics and political science, entrepreneurship and family enterprise, finance, and organisational, strategy, marketing, technology and operations management. Students are required to speak 2 languages upon entry and a 3rd by graduation.

Executive MBA Programme

INSEAD has two EMBA Executive MBA programmes. The Global Executive MBA (GEMBA),[22] and the Tsinghua INSEAD EMBA (TIEMBA) http://tsinghua.insead.edu/ Both EMBA programme is a Masters-level degree programme that takes place on a part-time, modular basis.

The programmes offer experienced business executives an intensive 14–17-month modular course that takes place in modular periods (approximately every six to seven weeks). Each period on campus is between one and two weeks' duration. For the GEMBA programme the physical time on campus represents 12 weeks in total with participants going to all three campuses (Fontainebleau, France, Abu Dhabi, and Singapore). For the TIEMBA programme the physical time on campus represents 12 weeks in total with participants alternating between Tsinghua's campus in Beijing, China http://www.tsinghua.edu.cn/ , and INSEAD's campus in Singapore.

Both the GEMBA and TIEMBA programmes also includes a schedule of group coaching, 360-degree assessments and team activities designed to develop a leadership style, called the Leadership Development Programme.[23]

Executive Master in Coaching and Consulting for Change

The Executive Master in Coaching and Consulting for Change is a specialized master's degree. It provides a grounding in basic drivers of human behavior and the hidden dynamics of organizations. Integrating business education with a range of psychological disciplines, the programme enables participants to understand themselves and others at a fundamental level, which prepares them to assume roles in organisations, individual and organizational development and change management.[24][25]

PhD Programme

The INSEAD PhD in Management is a doctoral degree in business to prepare students for a career in academia It requires four to five years of full-time study - the first two years devoted to coursework, while from the third and fourth (or sometimes fifth) years dedicated to research and dissertation.[26] Students have the option to start their studies on either the Asia (Singapore) or Europe (France) campus,[27] and do an exchange in North America (USA) through the INSEAD-Wharton Alliance.[28] There are of eight areasof specialization: : Accounting, Decision Sciences, Entrepreneurship, Finance, Marketing, Organisational Behavior, Strategy, and Technology and Operations Management.[29] INSEAD offers fellowships, whereby students receive full tuition fee waiver, annual stipend and research support funding.[30]

Master in Finance

INSEAD’s Master in Finance (MFin) teaches participants finance and accounting skills on a par with those taught in an MBA programme, and also offers leadership and management perspectives. The program is offered in a modular format over a 20-month period to allow professionals to study while continuing to work. Participants take time off from work for each of the 5 modules (2–3 weeks each) to take classes on campus, and continue working in between.[31]

Executive education

INSEAD holds both company/firm specific and open enrolment executive education programmes at its campuses in Europe and Asia and the Middle East, 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.[32]

In 2011, INSEAD launched an Executive Certificate in Global Management which is a formal recognition awarded to participants who complete at least three INSEAD global management and leadership programmes within a four-year period.[33]

Rankings and reputation

Business school rankings
Worldwide overall
QS[34] 3
U.S. News & World Report[35] 33
Worldwide MBA
Business Insider[36] 18
Economist[37] 13
Financial Times[38] 1

INSEAD is consistently ranked among the leading business schools in the world. Its MBA programme is ranked first globally by the FT in 2016.[39] The dual degree Executive MBA with Tsinghua University is ranked first globally by the FT, and INSEAD's standalone Global Executive MBA is seventh in the same ranking.[40]

INSEAD has the second highest number of MBA alumni who are currently Chief Executives of Financial Times Global 500 companies, which are composed of the world’s largest companies by market capitalization [41]

INSEAD has the highest number of entrepreneurs from a non-US Business school according to the 2015 Pitchbook data INSEAD's 185 graduates raised almost 2 billion USD in VC fund.[42]

In 2016, the school's MBA program was ranked #5 worldwide for social and environmental impact by Corporate Knights magazine.[43]

Partnerships and alliances

INSEAD has exchange programmes with

Research

Centres of excellence

INSEAD has 15 Research Centres conducting research in different business and geographical areas. These include:

Teaching methods

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

Case studies

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.[67]

The Business cases that have been designed at INSEAD have received many awards,[67] are made available in Case clearing houses, and used by many other business schools.

Business simulation games

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[68] and used in many institutions:

Innovation in education

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:

Alumni

Main article: List of INSEAD alumni

INSEAD has nine FT500 leaders currently, more than Stanford GSB and Wharton and second only to Harvard Business School.[75]

INSEAD consistently ranks as one of the top Management Consulting programs for its graduates, with a significant percentage of the class ending up at Mckinsey, Bain, and Boston Consulting Group.

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.[76] Many are members of the INSEAD International Alumni Association, which has 46 national alumni associations.[77]

In addition to the national associations, INSEAD alumni have formed clubs and groups dedicated to specific industries or activities.[78] These include the Hubert Society, Energy Club,[79] the INSEAD Healthcare Alumni Network[80] the Salamander Golf Society,[81]

See also

References

  1. ↑ Gallezo-Estaura, Krisana (14 January 2015). "Meet INSEAD's new chairman of the board". Singapore Business Review. Retrieved 11 November 2016.
  2. ↑ "Ilian Mihov appointed Dean of INSEAD". MBA Today.
  3. ↑ "INSEAD's Endowment". INSEAD. Retrieved 19 May 2014.
  4. ↑ "INSEAD at 50: The defining years". INSEAD. Retrieved 19 May 2014.
  5. ↑ "Our History". INSEAD. Retrieved 19 May 2014.
  6. 1 2 "About INSEAD - Our History". Retrieved 23 January 2015.
  7. ↑ "INSEAD AT A GLANCE" (PDF). Retrieved 23 January 2015.
  8. ↑ "The Institutional Development of Business Schools". Oxford University Press. Retrieved 23 January 2015.
  9. ↑ "About INSEAD - Our History". Retrieved 23 January 2015.
  10. ↑ "Wharton-INSEAD Center for Global Research and Education". Wharton School of the University of Pennsylvania. Retrieved 23 January 2015.
  11. ↑ "Tiemba's Prominent Position". Retrieved 23 January 2015.
  12. ↑ "MBA Programmes - Partnerships". [mba.insead.edu]. Retrieved 23 January 2015.
  13. ↑ "INSEAD Launches S$55 Leadership Development Centre". Channel NewsAsia. Retrieved 23 January 2015.
  14. ↑ "A Force for Good - A conversation with INSEAD Dean Ilian Mihov". Developing Leaders, Issue 17 - Autumn/Fall 2014. Retrieved 23 January 2015.
  15. ↑ "INSEAD - Leading Business School in Europe, Asia and Abu Dhabi". Between-Us. Retrieved 23 January 2015.
  16. ↑ Datar, Srikant M.; Garvin, David A.; Knoop, Carin-Isabel (May 2009). "INSEAD". Harvard Business School Case 308-009.
  17. ↑ "MBA Programme - Campus Exchange". http://mba.insead.edu/. Retrieved 23 January 2015. External link in |publisher= (help)
  18. ↑ "MBA Programme - Abu Dhabi Module". http://mba.insead.edu/. Retrieved 23 January 2015. External link in |publisher= (help)
  19. ↑ "MBA Programme - Campus Exchange". http://mba.insead.edu/. Retrieved 23 January 2015. External link in |publisher= (help)
  20. ↑ "Is a summer internship necessary in a one-year MBA?". The Globe and Mail. Retrieved 26 January 2015.
  21. ↑ "MBA Programme - Ten reasons to choose the INSEAD MBA". . Retrieved 23 January 2015. External link in |publisher= (help)
  22. ↑ "Welcome to INSEAD's Executive MBA programme". http://global.emba.insead.edu/. Retrieved 23 January 2015. External link in |publisher= (help)
  23. ↑ "TOP MBA - INSEAD Executive MBA". Quacquarelli Symonds. Retrieved 23 January 2015.
  24. ↑ "The INSEAD Executive Master in Consulting and Coaching for Change Programme". Retrieved 26 January 2015.
  25. ↑ "Executive Master in Consulting and Coaching for Change - Creating Reflective Change Agents". Retrieved 26 January 2015.
  26. ↑ "INSEAD PhD in Management Overview". Retrieved 31 March 2014.
  27. ↑ "INSEAD PhD in Management Programme Overview". INSEAD. Retrieved 2014-01-31.
  28. ↑ "INSEAD-Wharton Alliance".
  29. ↑ "INSEAD PhD in Management Areas of Specialisation". Retrieved 31 March 2014.
  30. ↑ "INSEAD PhD in Management Fellowship and Financing".
  31. ↑ "The INSEAD MFin - Preparing Financial Leaders". Retrieved 26 January 2015.
  32. ↑ "INSEAD at a Glance" (PDF). INSEAD. Retrieved 19 November 2013.
  33. ↑ "INSEAD at a Glance". INSEAD. October 2013. Retrieved 23 January 2015.
  34. ↑ "QS World University Rankings by Subject 2016 - Business & Management Studies". Quacquarelli Symonds. 2016. Retrieved 2016-10-30.
  35. ↑ "Best Global Universities for business and economics". U.S. News & World Report. 2016. Retrieved 2016-11-27.
  36. ↑ "The 50 best business schools in the world". Business Insider. 2015. Retrieved 2016-02-06.
  37. ↑ "Full time MBA ranking". Economist. 2015. Retrieved 2016-02-06.
  38. ↑ "Global MBA Ranking". Financial Times. 2016. Retrieved 2016-02-06.
  39. ↑ "Global MBA Ranking 2015". Financial Times. Retrieved 26 January 2015.
  40. ↑ "Executive MBA Ranking 2015". [FT.com]. Retrieved 26 October 2015.
  41. ↑ "From MBA to CEO". Financial Times. Retrieved 23 January 2015.
  42. ↑ "Pitchbook Universities Report" (PDF). Value Walk. Retrieved 28 December 2015.
  43. ↑ "2016 Better World MBA results". Corporate Knights. Retrieved 2016-10-30.
  44. ↑ "Wharton–INSEAD Alliance". Wharton School of the University of Pennsylvania. Retrieved 2014-01-31.
  45. ↑ "The INSEAD-Wharton Alliance". INSEAD. Retrieved 2014-01-31.
  46. ↑ "INSEAD Wharton Exchange". INSEAD. Retrieved 2012-06-25.
  47. ↑ "INSEAD Kellogg Exchange". INSEAD. Retrieved 2012-06-25.
  48. ↑ "About INSEAD - Sorbonne University Partnership". http://about.insead.edu/. Retrieved 23 January 2015. External link in |publisher= (help)
  49. ↑ Centre for Decision Making and Risk Analysis (CDMRA)
  50. ↑ Emerging Markets Institute
  51. ↑ Healthcare Management Initiative
  52. ↑ INSEAD Africa Initiative
  53. ↑ INSEAD Blue Ocean Strategy Institute
  54. ↑ INSEAD Centre for Entrepreneurship (ICE)
  55. ↑ INSEAD Corporate Governance Initiative
  56. ↑ INSEAD eLab
  57. ↑ INSEAD European Competitiveness Initiative
  58. ↑ INSEAD Global Leadership Centre (IGLC)
  59. ↑ INSEAD Global Private Equity Initiative (GPEI)
  60. ↑ INSEAD Innovation and Policy Initiative (IIPI)
  61. ↑ INSEAD Social Innovation Centre
  62. ↑ INSEAD Social Science Research Centre (ISSRC)
  63. ↑ INSEAD-Wharton Center for Global Research and Education
  64. ↑ Learning Innovation Centre
  65. ↑ Wendel International Centre for Family Enterprise
  66. ↑ Women@INSEAD
  67. 1 2 European Case Awards
  68. ↑ "INSEAD Simulations". INSEAD. Retrieved 2012-06-25.
  69. ↑ "EIS Simulation"
  70. ↑ "FORAD"
  71. ↑ INSEAD CALT (Centre for Advanced Learning Technologies)
  72. ↑ "INSEAD Learning Innovation Centre". INSEAD. Retrieved 2012-06-25.
  73. ↑ Murray, Sarah (October 27, 2008). "Technology: Networking widens EMBA net". Financial Times.
  74. ↑ "INSEAD elab". INSEAD. Retrieved 2013-11-18.
  75. ↑ "From MBA to CEO". [FT.com]. Retrieved 26 January 2015.
  76. ↑ "INSEAD - Alumni - Global Alumni Network". INSEAD. Retrieved 2012-06-25.
  77. ↑ "Welcome to the INSEAD Alumni Community". Retrieved 19 November 2013.
  78. ↑ "Alumni Interest Groups". Retrieved 19 November 2013.
  79. ↑ "Energy Network". INSEAD. Retrieved 19 November 2013.
  80. ↑ "INSEAD Alumni Health Network".
  81. ↑ "Salamander Golf Society". Retrieved 19 November 2013.
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