Business School Profiles

IMD

Phone:	+41 (0)21 618 0111
Email:	mbainfo [at] imd.ch
Address:	Ch de Bellerive 23 P.O. Box 915 Lausanne , Switzerland

Rankings

Businessweek	7
Financal Times	14
Economist Intelligence Unit	1

Class Profile

Gender	Female: 22 % / Male: 78%
Years of work experience	7
Average age	31
International Students	97%
North America	11%
Asia / South Pacific	22%
Eastern Europe / Central Asia	13%
Europe	31%
Central / South America	13%
Africa	3%
Oceania	3%

Admissions

Deadlines	Rolling addmissions
Round 1	February 1
Round 2	April 1
Round 3	June 1
Early decision	No
GMAT	Middle 80% scores: From 610 to 740

Application Requirements

Undergraduate Degree	Yes
GMAT/GRE	GMAT
TOEFL	Not required
Recommendations	Three
Transcripts	Yes
Resume	Yes
Essays	Yes
Interview	Yes
Application Fee	CHF 350

Program Cost

Tuition	CHF 60,000
Personal	CHF 23,000
housing	CHF 13,000
Total	CHF 96,000

Learning Style

The learning process
IMD’s “Real World. Real Learning” approach provides the foundation for the MBA program. The program, taught in English, covers the same amount of material as a traditional 2-year program and incorporates unique leadership experiences, start-up projects, building networks and intensive personal coaching. Your open-minded participation, frank interaction with your classmates, and exposure to international experts such as the Faculty and invited speakers will help you to realize your leadership potential.

Collaboration/teamwork
Your classmates’ 600+ years of collective experience is a valuable resource. They bring specialist knowledge and insights from a wide variety of backgrounds which they are expected to share. Throughout the IMD MBA you work in small teams and are confronted with the need to cope with the cultural and personality differences that arise in a diverse, multinational group of people.

Case studies
We believe case studies are excellent learning tools because there is no single, correct solution to complex business problems. The conflicting opinions that emerge promote enquiry, discovery and tolerance for other points of view.

Presentations
The ability to communicate and convince is an essential skill for a leader. You will work in small groups to prepare and give presentations. This sharpens your ability to express ideas clearly and gives you valuable experience in defending collective decisions.

Experiential learning
We believe in the importance of experiencing managerial situations and issues for long-term learning first-hand. The program relies extensively on unique leadership-building outdoor exercises, integrative simulations and real-life projects. The 10-day Discovery Expedition is an important element of the Leadership, Political Economy and Stakeholder Management components.

The evaluation process
You are evaluated on your performance in several areas: class participation, group work and projects, oral presentations and formal exams. Faculty provide regular personal feedback and in June, each participant’s readiness to move to the second phase of the IMD MBA is assessed objectively through formal examination.

The evaluation process is designed to help participants improve their performance and discover how their limits can be stretched, personally and professionally. At the end of the program, the MBA degree ‘With Honors’ is awarded to those participants whose cumulative performance throughout the program has been judged to be superior.

Curriculum

The program starts with business fundamentals, e.g. accounting, finance, marketing and operations. This helps you to understand the functional areas of the organization 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 with a strong sense of ethics.

Program Content
Leadership and personal development
Business fundamentals
Exams and integrative exercises
Start-up projects
OWP participation
Discovery Expedition
Leading and competing in a global environment
International Consulting Projects
Recruiting
Execution and change
Electives
Transition to the future

Electives

The three-week elective stream builds on learnings from the core courses taken earlier in the year and help you to develop in-depth knowledge or expertise in specific areas.

Each elective is composed of four half-day sessions and you will have the opportunity to select five of the twelve electives that are offered.

We re-evaluate these topics annually to reflect the evolving nature of current business in the global market place.

2009 Electives

Subject	Faculty
Entrepreneurship - a longer view A realistic insight into entrepreneurship	Prof. Joachim Schwass
International Financial Markets International financing strategies & how to hedge firm exposure to international risk	Prof. Nuno Fernandes
Competing in the rapidly developing economies of China & India Internal dynamics, opportunities & challenges	Prof. Winter Nie Prof. Anand Narasimhan
B2B Marketing Understanding the issues & making decisions in B2B markets	Prof. Adrian Ryans
Globalization through acquisitions Insight into critical factors from intitiation to implementation	Prof. Cyril Bouquet
Corporate Sustainability Social and environmental issues from a variety of perspectives	Prof. Corey Billington
Financial engineering: Dead or Alive? Understand modern financial engineering in deeper ways.	Prof. Didier Cossin Prof. Arturo Bris
Supply Chain Management Augment your understanding of key concepts & gain appreciation of how to successfully implement them	Prof. Ralf Seifert
Service Marketing and Management How to analyze, design and improve any kind of service	Prof. Stefan Michel
Technology and Opportunity Managing at the interface between technology & opportunity	Prof. Stuart Read
Leadership: An Introduction to Advanced Group Dynamics A behavioral course intended to build upon the group experiences from IMD & elsewhere	Prof. Jack Wood
Assessing Bangladesh as a challenge & business opportunity A 9-day trip to Bangladesh to understand the forces, dynamics & challenges of the world's 7th biggest nation	Prof. Jean-Pierre Lehmann