Table of Contents
- 1. What is INSEAD?
- 1.2 Where is INSEAD?
- 2. History of INSEAD
- 2.2 When was INSEAD founded? 1957, Fontainebleau, France
- 2.3 When was INSEAD’s global expansion? 2000s
- 3. INSEAD rankings
- 4. INSEAD’s programs
- 5. About INSEAD’s Faculty
- 6. Admission to INSEAD
- 6.1 What are INSEAD’s tuition fees?
- 7. INSEAD admissions rate and other criteria
- 7.1 The INSEAD admissions board looks for these 4 things
- 8. What GMAT score does INSEAD require?
- 9. Does INSEAD offer scholarships?
- 10. Career opportunities after INSEAD
- 10.1 Average INSEAD Post MBA Salary by Region in USD
What is INSEAD?
INSEAD (Institut Européen d’Administration des Affaires) is one of the world’s largest leading graduate business schools, which prides itself on bringing together people, cultures and ideas to change lives and transform global business for the greater good.
Where is INSEAD?
Founded in Fontainebleau, France in 1957, INSEAD has campuses in Europe (France), Asia (Singapore), the Middle East (Abu Dhabi) and North America (San Francisco) as well as notable partnerships and alliances with top institutions across the world.
History of INSEAD
When was INSEAD founded? 1957, Fontainebleau, France
Georges Doriot was a professor at Harvard Business School for over forty years and wanted to create an international and independent European business school in France which was similar to Harvard.
He sold the idea of training European business leaders at a prestigious school to Jean Marcou who was the Chairman of Paris Chamber of Commerce and Industry at that time, and went on to become the founding Chairman of INSEAD when it launched its Fontainebleau campus in France in 1957.
When was INSEAD’s global expansion? 2000s
The school opened its Asian campus in Singapore in 2000. In 2007, the INSEAD Centre opened in Abu Dhabi. A dual degree Executive MBA with Tsinghua University in China was launched the same year.
The INSEAD San Francisco Hub for Business Innovation opened in 2020. The Master in Management Program launched that year as well.
INSEAD rankings
Its MBA program was ranked number 1 in the world in by the Program Rankings Executive Education Case Awards in 2016, 2017, 2021 and number 3 in 2022 by British newspaper the Financial Times.
The INSEAD Executive MBA Program was ranked number 2 in the world in 2016 and number 3 in 2017 and 2018 by the Financial Times.
It was the first and only business school to achieve a ‘triple first’ in rankings – MBA, Executive MBA (Tsinghua-INSEAD EMBA) and Single School Executive MBA (INSEAD GEMBA) in the Financial Times 2016 rankings.
And as of 2022, INSEAD ranks number 2 in terms of the number of MBA graduates who are currently Chief Executive of an FT500 company.
INSEAD’s programs
Across all its offerings, INSEAD is committed to fostering positive change in the world. The founding values of the school are: diversity, academic excellence, closeness to business, and a thriving entrepreneurial spirit.
INSEAD offers a suite of Master’s programs: MBA, Executive MBA and Specialized Master’s degrees (Executive Master in Finance, Executive Master in Change, and the dual-degree Tsinghua-INSEAD Executive MBA).
All programs offer a unique global perspective and cultural diversity that drive their alumni to succeed and thrive in their careers in any industry in any country across the world.
About INSEAD’s Faculty
INSEAD’s award-winning faculty from 41 countries spans a range of disciplines from finance and economics to organizational behavior and leadership.
The faculty prides itself on developing research that inspires, supports and challenges business and thought leaders across all industries from across the world.
INSEAD’s vision to make business a driving force for good is at the heart of everything they do.
Admission to INSEAD
What are INSEAD’s tuition fees?
Tuition fees for the August 2023 intake are €97,000. The fees for the January 2024 intake are €98,500. The fees are payable in instalments. These amounts are set in December and June respectively per annum.
These fees include all printed materials, access to the library, gym membership and health insurance.
INSEAD admissions rate and other criteria
The INSEAD acceptance rate is just 32%. While English is the primary language of the business school, being able to demonstrate fluency in several languages is highly recommended. Over 50% of students have work experience outside their native country, and multiple languages are taught on campus to prepare students for work in a variety of cultures.
A global mindset is key: Every student is a minority, with each student body not having any dominant culture (more than 11 or 12% of any one nationality) in its population of over 90 nationalities.
The INSEAD admissions board looks for these 4 things
- Ability to Contribute to the INSEAD experience during and after the program
- Academic Capacity: GMAT/GRE and University degree
- International Motivation: Adaptability and flexibility in multicultural environments
- Leadership Potential: Work experience and quality of your achievements
What GMAT score does INSEAD require?
Thinking of applying to INSEAD? A strong GMAT score helps the admissions board assess your ability to succeed. They advise candidates to aim for a score as close as possible to or above 640.
Does INSEAD offer scholarships?
INSEAD only wants the best and brightest the world has to offer to join their school – background or financial situation does not play a factor.
Over the past three years, INSEAD has doubled their scholarship fund. There are now over 150 types of scholarships available, which are applicable to both their campuses in France and Singapore.
There are three category of scholarships available: need-based, non-need based (awarded based on nationality, professional background, leadership abilities, or any combination of these three things), and spot scholarships which are awarded immediately without the need for applications based on exceptional admissions profiles.
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Career opportunities after INSEAD
“94% of our MBA students reported having received an offer three months after graduation in 2022, achieving a decade high record,” Rhoda Yap Global Director, Career Development Centre, INSEAD says.
“Consulting remained a highly attractive destination sector for INSEAD Talent, with 53% of our graduates heading there, followed by TMT (22%) Corporate Sectors (13%) and Financial Services (12%). Median and average base salaries (in Euros) increased by 8% and 11.7% respectively.
“Despite geopolitical uncertainties, INSEAD Talent has demonstrated market resilience with a record number of INSEAD Talent finding roles in post-Brexit UK and Singapore.”
Rohda adds: “The United Arab Emirates also re-emerged as a top 3 target destination for INSEAD Talent with its highly competitive compensation packages.”
Employers of INSEAD alumni include McKinsey & Company, Boston Consulting Group, Bain & Company, Amazon, Kearney, Accenture, Google, Deloitte, Credit Suisse and Alix Partners.
Average INSEAD Post MBA Salary by Region in USD
- Africa/Middle East – $135,600
- Asia Pacific – $105,300
- Eastern Europe – $101,200
- North America – $142,500
- Northern Europe – $120,000
- South America – $76,400
- Southern Europe – $89,300
- Western Europe – $118,300
INSEAD has distinguished itself on the global stage over its 66 year history and has garnered a list of prestigious and notable awards and accolades.
Students are exceptional, have a global mindset and a drive to help the world evolve and create change for the better through business.
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