INSEAD
INSEAD is a graduate business school with locations in Europe, Asia, the Middle East, and North America. The name "INSEAD" originated as an acronym of Institut Européen d'
INSEAD offers a full-time MBA program, an Executive MBA program, a Master in Finance program, a PhD in management program, a Master in Management program and a variety of executive education programs.
History
INSEAD was founded in 1957 by venture capitalist Georges Doriot along with Claude Janssen and Olivier Giscard d'Estaing. Original seed money was provided by the Paris Chamber of Commerce. The school was originally based in the Château de Fontainebleau, before moving to its current Europe campus in 1967.History
- 1957: INSEAD founded as the first business school outside the US
- 1959: First MBA intake in Fontainebleau and first business school to offer a one-year MBA program
- 1960: First MBA class graduates
- 1967: Opening of the school's first campus on the edge of the Forest of Fontainebleau
- 1968: First Executive Education programme
- 1971: Creation of CEDEP, the European Centre for Continuing Education, on a site next to INSEAD in Fontainebleau
- 1976: Launch of the INSEAD Alumni Fund
- 1980: INSEAD Euro-Asia Centre opens in Fontainebleau
- 1983: MBA programme begins its dual intake
- 1987: Announcement of the INSEAD-Fundação Dom Cabral Partnership
- 1989: Launch of the PhD programme
- 1995: Launch of the first INSEAD Development Campaign, which raised funds for permanently endowed chairs and research
- 2000: First business school with full campuses on multiple continents, with the Asia Campus opening in Singapore
- 2001: Announcement of the INSEAD-Wharton Alliance and first MBA participant exchanges
- 2003: Launch of the Executive MBA programme
- 2004: Opening of the Plessis Mornay Learning Space for Executive Education on Europe Campus
- 2007: INSEAD Centre opened in Abu Dhabi, primarily for research and executive education; launch of a dual degree Executive MBA with Tsinghua University in China
- 2010: INSEAD's Abu Dhabi Center attains Campus status
- 2012: Launch of the Master in Finance specialized degree
- 2013: MBA participant exchange agreement with CEIBS launched
- 2015: Inauguration of the Leadership Development Center in Singapore
- 2016: First and only business school to achieve a ‘triple first’ in rankings – MBA, Executive MBA and Single School Executive MBA in the Financial Times 2016 rankings
- 2018: Launch of the Hoffmann Global Institute for Business and Society
- 2020: Opening of the INSEAD San Francisco Hub for Business Innovation
Campuses
Degree programmes
Business Foundations Certificate Programme
INSEAD in collaboration with Sorbonne Université offers the Business Foundations Certificate programme tailored for recent master or PhD graduates from the sciences, medicine, humanities, engineering and law. The programme equips participants with a broad set of business and economics skills that optimally complement their graduate training. It also supports participants' transition to a business career and helps aspiring entrepreneurs to fulfil the goal of their own start-up by complementing their ideas with a solid foundation in business and leadership .MBA programme
INSEAD's MBA participants can take the MBA's core courses at either or both of its Europe and Asia campuses. 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. Approximately 20% of the class entered the MBA program with other graduate or professional degrees; including medical doctors, lawyers, and Ph.Ds.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.
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 environment, public policy, supply chain management, leadership and corporate strategy. There are 75 electives on offer in areas such as accounting and control, decision sciences, economics and political science, entrepreneurship and family enterprise, finance, and organisational behavior, strategy, marketing, technology and operations management. Students are required to speak two languages upon entry and a third by graduation.
Executive MBA programme
INSEAD has two EMBA Executive MBA programmes. The Global Executive MBA, and the Tsinghua INSEAD EMBA. Both EMBA programmes are master's-level degree programmes that take 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. 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. For the TIEMBA programme the physical time on campus represents 12 weeks in total with participants alternating between Tsinghua's campus in Beijing, China, and INSEAD's campus in Singapore.
Both the GEMBA and TIEMBA programmes include a schedule of group coaching, 360-degree assessments and team activities designed to develop a leadership style, called the Leadership Development Programme.
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.Master in Finance
INSEAD's Master in Finance 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 five modules to take classes on campus, and continue working in between.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 years dedicated to research and dissertation. Students have the option to start their studies on either the Asia or Europe campus, and do an exchange in North America through the INSEAD-Wharton Alliance. There are eight areas of specialization: Accounting, Decision Sciences, Entrepreneurship, Finance, Marketing, Organisational Behavior, Strategy, and Technology and Operations Management. INSEAD offers fellowships, whereby students receive full tuition fee waiver, annual stipend and research support funding.Master in Management (MIM)
This 14 to 16-month programme has an innovative learning approach with an applied problem-solving orientation. It aims to empower the next generation of well-rounded, agile-thinking and innovative individuals who are ready to make a positive impact in today's society.Executive education
INSEAD holds both company/firm specific and open enrolment executive education programmes at its locations in Europe, Asia, the Middle East and North America, 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.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.
Rankings and reputation
INSEAD is consistently ranked among the world's top business schools. Its MBA program has been ranked 1st globally in 2016 and 2017 in the Financial Times Global MBA Ranking, and 2nd in the 2018 ranking. The dual degree Executive MBA with Tsinghua University is ranked 1st globally by the Financial Times. Moreover, INSEAD's standalone Global Executive MBA is ranked 7th in the same ranking. INSEAD is ranked 1st globally in the CEO World Magazine 2017 ranking of the Best Business Schools in the World.INSEAD has the second highest number of MBA alumni holding Chief Executive Officer positions in 2015 in the Financial Times Global 500, which is composed of the world's largest companies by market capitalization.
In 2015, PitchBook Data ranked INSEAD 1st outside the US and 5th globally for the number of MBA alumni receiving venture capital funding, with over $6.1B raised. And, in 2016, the school's MBA program was ranked 5th worldwide for social and environmental impact by Corporate Knights magazine.
In April 2019, INSEAD was furthermore ranked as best global business school by CEOWORLD magazine.
In November 2019, INSEAD TIEMBA Programme was ranked as Nr.9 and GEMBA was ranked as Nr.19 in FT EMBA Ranking. The Financial Times Rankings 2019 gave INSEAD the fifth place in Open Executive Education.
Partnerships and alliances
INSEAD has exchange programmes with:- Wharton School of the University of Pennsylvania
- Kellogg School of Management
- Paul H. Nitze School of Advanced International Studies at Johns Hopkins University in Washington, D.C.
- Tsinghua University
- CEIBS
- Sorbonne University
- Art Center College of Design
- Teachers College, Columbia University
- -
Research
Centres of excellence
INSEAD has 15 research centres conducting research in different business and geographical areas. These include:- Centre for Decision Making and Risk Analysis
- Emerging Markets Institute
- Healthcare Management Initiative
- INSEAD Africa Initiative
- INSEAD Blue Ocean Strategy Institute
- INSEAD Centre for Entrepreneurship
- INSEAD Corporate Governance Initiative
- INSEAD eLab
- INSEAD European Competitiveness Initiative
- INSEAD Global Leadership Centre
- INSEAD Global Private Equity Initiative
- INSEAD Innovation and Policy Initiative
- INSEAD Social Innovation Centre
- INSEAD Social Science Research Centre
- INSEAD-Wharton Center for Global Research and Education
- Learning Innovation Centre
- Wendel International Centre for Family Enterprise
- Women@INSEAD
Teaching methods
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. Together with Harvard Business School and ICFAI Business School Hyderabad, INSEAD makes up the 'big three' in case publishing globally.The business cases that have been designed at INSEAD have received many awards, are made available in case clearing houses, and are used by many other business schools.
Business simulation games
games are used by INSEAD. Many of them have been designed by INSEAD faculties, and used in many institutions, including:- The EIS simulation
- FORAD
- INDUSTRAT
- Markstrat
Innovation in education
Centers conduct research in learning technologies and approaches such as:
- INSEAD CALT has been involved in many research projects, and in particular projects funded by the research programmes from the European Commission on approaches such as business simulations, or learning communities.
- INSEAD Learning Innovation Centre was funded to managing innovation in INSEAD programme design and delivery. For instance, INSEAD Learning Innovation Centre has introduced the use of the Second Life virtual world as an education tool.
- INSEAD eLab is the INSEAD center that connects research sponsors and external collaborators interested in the area of big data and data analytics with INSEAD's expertise in this broad area. INSEAD eLab conducts research and supports teaching focused on data analytics business solutions, tools, frameworks, and research insights that can help academics and practitioners better capitalise on the vast opportunities the "world of data" creates. To achieve this, the centre involves INSEAD faculty with specific domain expertise, senior researchers from different fields, engineers and data scientists, and collaborators from other academic institutions as well as the private sector. The centre also uses state-of-the-art data analytics and collaborative software development platforms, which enable both advanced data analytics approaches and seamless collaboration within INSEAD as well as with other institutions and sponsors.
Notable Alumni
In addition to the national associations, INSEAD alumni have formed clubs and groups dedicated to specific industries and activities. These include the Hubert Society, Energy Club, INSEAD Healthcare Alumni Network and Salamander Golf Society.
- Chaitanya Kalipatnapu, Co-Founder, Eruditus Executive Education