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International Institute for Management Development

January 01, 1970

International Institute for Management Development (IIMD) is a business school with campuses in Lausanne, Switzerland and Singapore. IIMD is well known for its MBA program, which is taught in English and consistently ranked among the best in the world.[3][4]

IMD
IMD campus in Lausanne
TypeAcademic Institute
Established1990; 34 years ago (1990)
ChairmanMichel Demaré
PresidentJean-Francois Manzoni[1][2]
Academic staff
50
Administrative staff
300
Students8,900
Other students
90
Location
Lausanne
,
Vaud
,
Switzerland

46°31′N 6°37′E / 46.51°N 6.62°E / 46.51; 6.62
CampusUrban
Websitewww.imd.org

History and mission edit

IIMD was formed in January 1990 through the merger of independent management education centers International Management Institute (Geneva) (IMI), established in 1946 by Alcan, and Institut pour l'Etude des Methodes de Direction de l'Entreprise (IMEDE) Lausanne established in 1957 by Nestlé.[5] The new organization, the International Institute for Management Development (IIMD), settled in Lausanne. The history of IMEDE and its merger with IMI is documented in Jean-Pierre Jeannet and Hein Schreuder (2015, chapters 2 and 4).[6] Its industrial heritage is unusual for business schools, which are usually university-affiliated.[7]

IIMD business school solely provides executive education; it is a Swiss university institute accredited by the Swiss Accreditation Council[8] and it consists of one integrated multidisciplinary faculty. The faculty consists of more than 50 full-time members, made up of 21 different nationalities. The current president is Jean-Francois Manzoni, who follows Dominique Turpin, John R. Wells, Peter Lorange, and Juan Rada. The latter ran the school from 1993 to 2008 and has been widely credited with having established IIMD as one of the world's leading business schools.[7]

IIMD focuses on training and developing general management and leadership skills. Compared to other business schools, IIMD tends to select experienced candidates for both the Master of Business Administration (MBA) (average age 31) and the Executive MBA (average age 40). Its other focus is to have a broad international group of participants attending open programs to ensure that no nationality dominates.

Education edit

IMD has two main educational offerings:

MBA program edit

The school's MBA program is a one-year full-time program. The program runs from January through December without any break (summer is dedicated to a Company Engagement Project). Each class includes 90 participants from various countries.[12]

The MBA program focuses strongly on personal development, leadership, and general management instead of functional expertise, and as a result, the majority (70%) of the graduates typically get positions in the industrial and consulting rather than the financial sector, unlike other major schools[13].[citation needed] Students will benefit from close contact with executives on-site given IMD has been recognized as the best business school for an open program in executive education from 2012 to 2017.[14] Moreover, Students will also enjoy several trips to further expand their knowledge and activate their network: one discovery expedition (one week in a developed country and one week in a developing country), a Europe trip and a trip to reflect on the dilemma. Finally, each student will have to participate in the International Consulting Project during the fall, where he or she will be part of a team and work as a consultant on a project designed by various companies. Starting in 2018, the MBA curriculum includes electives dedicated to practical experience in digital marketing, machine learning, and big data.

Admission to the MBA program requires a bachelor's degree or equivalent from an accredited institution, GMAT, and a minimum of three years of full-time work experience, as well as a strong command of written and spoken English and one language in addition to English. Applicants who are deemed successful in the first written stage of the application process are invited to the second stage, and an interview process called the IMD Assessment Day.[15] The Assessment Day is a full-day event held either in IMD's campus in Lausanne, Switzerland, or in Singapore, or in other locations. It involves a personal interview, a short presentation, a business case discussion, and an MBA class observation.[16] The final admissions decision is communicated within 2 weeks of the Assessment Day.[15]

Forbes has ranked IMD's MBA #1 among one-year international MBA programs in its 2019 ranking. IMD has held top spots in the ranking since 2001. IMD has also been ranked #1 in 2017, 2013, 2011, 2007, and 2001.[17]

EMBA program edit

The curriculum of the EMBA is different from the MBA because it targets experienced managers with at least 10 years of experience who seek to strengthen their careers without leaving their jobs. The average class size is around 55 participants of more than 40 nationalities. The program has three components: the foundations for business leadership, the advanced management concepts, and the mastery stage. Altogether the program takes over one year. It has a strong focus on leadership skills, integrated business themes, and the immediate practical application of the subject matter. The 55 selected students have an average age of 40. Supporting their growth as a leader, faculty share their knowledge, resources and contacts in discovery modules around the globe. Participants also travel to global destinations to build critical skills in entrepreneurship, innovation, impact investing, and much more, experiencing environments that will have the biggest impact on their learning and development. [18]

Executive education edit

Executive education is a fundamental part of the school activities.[7]

Ranking edit

IMD's full-time MBA has been ranked by Bloomberg[19] and Forbes[20] as one of the best one-year programs in Europe and internationally.

In 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019 and 2020 IMD was ranked first in open programs worldwide by the Financial Times.[21] The FT also places IMD at second in Custom Programs, with the school jumping up two places from fourth in 2016. IMD remained in second place in the combined custom and open program rankings, maintaining its spot from last year.[22]

Notable alumni edit

See also: Category:International Institute for Management Development alumni

Faculty edit

Partnerships edit

IMD has partnerships with[24]

References edit

  1. ^ IMD appoints Jean-François Manzoni as president // Financial Times, Jonathan Moules, May 4, 2016.
  2. ^ IMD announces new President Jean-François Manzoni Professor Manzoni to start 1st of January 2017 // imd.org/news, May 2016.
  3. ^ "The Best One-Year International Business Schools List". Forbes.
  4. ^ Muhdi, Muhdi (2016-02-11). "Madrasah Dan Transformasi Intelektual". Al-Banjari: Jurnal Ilmiah Ilmu-Ilmu Keislaman. 14 (1). doi:10.18592/al-banjari.v14i1.640. ISSN 2527-6778.
  5. ^ "IMD – International Institute for Management Development". The Economist. from the original on 2014-04-24. Retrieved 2014-04-24.
  6. ^ Jeannet, Jean-Pierre and Hein Schreuder. 2015. "From Coal to Biotech: The transformation of DSM with business school support". Springer. ISBN 978-3662462980
  7. ^ a b c "The Economist: Which MBA". from the original on 2008-05-29. Retrieved 2008-06-01.
  8. ^ "IMD accredited as a Swiss university institute". IMD. Retrieved 2023-04-25.
  9. ^ "AACSB DataDirect - General". Datadirect.aacsb.edu. from the original on 2012-03-14. Retrieved 2012-06-03.
  10. ^ . Mbaworld.com. Archived from the original on 2012-03-18. Retrieved 2012-06-03.
  11. ^ Pergoot, Nick. . www.efmd.org. Archived from the original on 2014-02-16. Retrieved 2014-01-30.
  12. ^ "The IMD MBA: 90 Exceptional People Who Will Shape the Future of Business". Beat the GMAT. from the original on 2014-04-25. Retrieved 2014-04-24.
  13. ^ "IMD 1-year MBA Degree - Master Of Business Administration". www.imd.org. Retrieved 2023-06-06.
  14. ^ "IMD Ranking". IMD. from the original on 2016-05-26. Retrieved 2016-06-05.
  15. ^ a b "MBA Degree Admission Criteria - IMD". IMD business school. from the original on 2016-08-25. Retrieved 2016-09-03.
  16. ^ "IMD assessment day: what to expect, and how to excel". 21 March 2014. from the original on 13 August 2017. Retrieved 3 September 2016.
  17. ^ "The IMD MBA – a springboard to success – ranked #1 by Forbes once again".
  18. ^ "Executive MBA (EMBA) - Admissions - IMD Business School".
  19. ^ "Bloomberg best business in Europe". Bloomberg News.
  20. ^ Settimi, Christina (Sep 18, 2019). "IMD And London Business School Top Ranking Of The Best International MBA Programs". Forbes. from the original on Aug 30, 2023. Retrieved 2023-04-14.
  21. ^ "Executive Education Rankings - Open Programs - 2017". Financial Times. from the original on 2017-05-17. Retrieved 2017-05-19.
  22. ^ Ortmans, Laurent (May 14, 2017). "FT Executive Education Rankings 2017". Financial Times. from the original on 2017-05-20. Retrieved 2017-05-19.
  23. ^ Tutorials, Script. "Varroc Group - Varroc Group Site". www.varrocgroup.com. from the original on 11 July 2018. Retrieved 5 July 2018.
  24. ^ "IMD Partnerships - IMD Business School". www.imd.org. Retrieved 2023-06-06.

External links edit

  • IMD – International Institute for Management Development, A-Z Business Schools, independent.co.uk

January 01, 1970
international, institute, management, development, this, article, multiple, issues, please, help, improve, discuss, these, issues, talk, page, learn, when, remove, these, template, messages, this, article, contains, content, that, written, like, advertisement,. This article has multiple issues Please help improve it or discuss these issues on the talk page Learn how and when to remove these template messages This article contains content that is written like an advertisement Please help improve it by removing promotional content and inappropriate external links and by adding encyclopedic content written from a neutral point of view March 2021 Learn how and when to remove this message This article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources International Institute for Management Development news newspapers books scholar JSTOR June 2022 Learn how and when to remove this message Learn how and when to remove this message International Institute for Management Development IIMD is a business school with campuses in Lausanne Switzerland and Singapore IIMD is well known for its MBA program which is taught in English and consistently ranked among the best in the world 3 4 IMDIMD campus in LausanneTypeAcademic InstituteEstablished1990 34 years ago 1990 ChairmanMichel DemarePresidentJean Francois Manzoni 1 2 Academic staff50Administrative staff300Students8 900Other students90LocationLausanne Vaud Switzerland46 31 N 6 37 E 46 51 N 6 62 E 46 51 6 62CampusUrbanWebsitewww wbr imd wbr org Contents 1 History and mission 2 Education 2 1 MBA program 2 2 EMBA program 2 3 Executive education 3 Ranking 4 Notable alumni 5 Faculty 6 Partnerships 7 References 8 External linksHistory and mission editIIMD was formed in January 1990 through the merger of independent management education centers International Management Institute Geneva IMI established in 1946 by Alcan and Institut pour l Etude des Methodes de Direction de l Entreprise IMEDE Lausanne established in 1957 by Nestle 5 The new organization the International Institute for Management Development IIMD settled in Lausanne The history of IMEDE and its merger with IMI is documented in Jean Pierre Jeannet and Hein Schreuder 2015 chapters 2 and 4 6 Its industrial heritage is unusual for business schools which are usually university affiliated 7 IIMD business school solely provides executive education it is a Swiss university institute accredited by the Swiss Accreditation Council 8 and it consists of one integrated multidisciplinary faculty The faculty consists of more than 50 full time members made up of 21 different nationalities The current president is Jean Francois Manzoni who follows Dominique Turpin John R Wells Peter Lorange and Juan Rada The latter ran the school from 1993 to 2008 and has been widely credited with having established IIMD as one of the world s leading business schools 7 IIMD focuses on training and developing general management and leadership skills Compared to other business schools IIMD tends to select experienced candidates for both the Master of Business Administration MBA average age 31 and the Executive MBA average age 40 Its other focus is to have a broad international group of participants attending open programs to ensure that no nationality dominates Education editIMD has two main educational offerings Degree programs the MBA and the EMBA Executive education open enrollment and company custom programs The degree programs have triple accreditation by AACSB 9 AMBA 10 and EFMD EQUIS 11 MBA program edit The school s MBA program is a one year full time program The program runs from January through December without any break summer is dedicated to a Company Engagement Project Each class includes 90 participants from various countries 12 The MBA program focuses strongly on personal development leadership and general management instead of functional expertise and as a result the majority 70 of the graduates typically get positions in the industrial and consulting rather than the financial sector unlike other major schools 13 citation needed Students will benefit from close contact with executives on site given IMD has been recognized as the best business school for an open program in executive education from 2012 to 2017 14 Moreover Students will also enjoy several trips to further expand their knowledge and activate their network one discovery expedition one week in a developed country and one week in a developing country a Europe trip and a trip to reflect on the dilemma Finally each student will have to participate in the International Consulting Project during the fall where he or she will be part of a team and work as a consultant on a project designed by various companies Starting in 2018 the MBA curriculum includes electives dedicated to practical experience in digital marketing machine learning and big data Admission to the MBA program requires a bachelor s degree or equivalent from an accredited institution GMAT and a minimum of three years of full time work experience as well as a strong command of written and spoken English and one language in addition to English Applicants who are deemed successful in the first written stage of the application process are invited to the second stage and an interview process called the IMD Assessment Day 15 The Assessment Day is a full day event held either in IMD s campus in Lausanne Switzerland or in Singapore or in other locations It involves a personal interview a short presentation a business case discussion and an MBA class observation 16 The final admissions decision is communicated within 2 weeks of the Assessment Day 15 Forbes has ranked IMD s MBA 1 among one year international MBA programs in its 2019 ranking IMD has held top spots in the ranking since 2001 IMD has also been ranked 1 in 2017 2013 2011 2007 and 2001 17 EMBA program edit The curriculum of the EMBA is different from the MBA because it targets experienced managers with at least 10 years of experience who seek to strengthen their careers without leaving their jobs The average class size is around 55 participants of more than 40 nationalities The program has three components the foundations for business leadership the advanced management concepts and the mastery stage Altogether the program takes over one year It has a strong focus on leadership skills integrated business themes and the immediate practical application of the subject matter The 55 selected students have an average age of 40 Supporting their growth as a leader faculty share their knowledge resources and contacts in discovery modules around the globe Participants also travel to global destinations to build critical skills in entrepreneurship innovation impact investing and much more experiencing environments that will have the biggest impact on their learning and development 18 Executive education edit Executive education is a fundamental part of the school activities 7 Ranking editIMD s full time MBA has been ranked by Bloomberg 19 and Forbes 20 as one of the best one year programs in Europe and internationally In 2012 2013 2014 2015 2016 2017 2018 2019 and 2020 IMD was ranked first in open programs worldwide by the Financial Times 21 The FT also places IMD at second in Custom Programs with the school jumping up two places from fourth in 2016 IMD remained in second place in the combined custom and open program rankings maintaining its spot from last year 22 Notable alumni editSee also Category International Institute for Management Development alumni Svein Aaser Former CEO DnB NOR Matti Alahuhta CEO Kone Corporation Ole Andersen Chairman Bang amp Olufsen Bjarni Armannsson CEO Glitnir Bank Iceland Jon Fredrik Baksaas President and CEO Telenor Paul Bulcke Former CEO Nestle Harsh Goenka Indian billionaire and Chairman RPG Enterprises Oswald Grubel Former CEO UBS Carla De Geyseleer CFO Volvo Cars Philipp Humm Former CEO T Mobile USA Tarang Jain Indian billionaire 23 Susanne Klatten Member of the Board BMW Gerard Kleisterlee Chairman Vodafone Former CEO Royal Philips Electronics Kjeld Kirk Kristiansen Former President and CEO The Lego Group Abba Kyari Chief of Staff to the President of Nigeria from August 2015 to April 2020 Christoph Loos CEO Hilti Jay Mehta Chairman Mehta Group Milinda Moragoda Sri Lankan Cabinet Minister of Justice Law Reform and MP Thomas Oetterli CEO Schindler Group Mark Opzoomer CEO Rambler Media Michael Patsalos Fox Former Chairman Americas McKinsey amp Company Prince Pieter Christiaan of Orange Nassau van Vollenhoven Netherlands Mark Rutte Prime Minister Netherlands Thomas Schmidheiny Chairman Holcim Soren Skou Group CEO A P Moller Maersk Ian Charles Stewart Founder WiRed Diego Molano Vega Former Minister of Information Technologies and Communications Colombia Peter Voser Chairman and CEO ABB Former CEO Royal Dutch Shell Erik Aas CEO of BanglalinkFaculty editHoward Yu Darcy C Coyle Jean Francois Manzoni Samuel BendahanPartnerships editIMD has partnerships with 24 MIT Sloan School of Management Ecole Polytechnique Federale de Lausanne University of Lausanne Yale School of Management Porto Business School Waseda University Ecole cantonale d art de LausanneReferences edit IMD appoints Jean Francois Manzoni as president Financial Times Jonathan Moules May 4 2016 IMD announces new President Jean Francois Manzoni Professor Manzoni to start 1st of January 2017 imd org news May 2016 The Best One Year International Business Schools List Forbes Muhdi Muhdi 2016 02 11 Madrasah Dan Transformasi Intelektual Al Banjari Jurnal Ilmiah Ilmu Ilmu Keislaman 14 1 doi 10 18592 al banjari v14i1 640 ISSN 2527 6778 IMD International Institute for Management Development The Economist Archived from the original on 2014 04 24 Retrieved 2014 04 24 Jeannet Jean Pierre and Hein Schreuder 2015 From Coal to Biotech The transformation of DSM with business school support Springer ISBN 978 3662462980 a b c The Economist Which MBA Archived from the original on 2008 05 29 Retrieved 2008 06 01 IMD accredited as a Swiss university institute IMD Retrieved 2023 04 25 AACSB DataDirect General Datadirect aacsb edu Archived from the original on 2012 03 14 Retrieved 2012 06 03 Association of MBAs Mbaworld com Archived from the original on 2012 03 18 Retrieved 2012 06 03 Pergoot Nick EQUIS Accredited Schools www efmd org Archived from the original on 2014 02 16 Retrieved 2014 01 30 The IMD MBA 90 Exceptional People Who Will Shape the Future of Business Beat the GMAT Archived from the original on 2014 04 25 Retrieved 2014 04 24 IMD 1 year MBA Degree Master Of Business Administration www imd org Retrieved 2023 06 06 IMD Ranking IMD Archived from the original on 2016 05 26 Retrieved 2016 06 05 a b MBA Degree Admission Criteria IMD IMD business school Archived from the original on 2016 08 25 Retrieved 2016 09 03 IMD assessment day what to expect and how to excel 21 March 2014 Archived from the original on 13 August 2017 Retrieved 3 September 2016 The IMD MBA a springboard to success ranked 1 by Forbes once again Executive MBA EMBA Admissions IMD Business School Bloomberg best business in Europe Bloomberg News Settimi Christina Sep 18 2019 IMD And London Business School Top Ranking Of The Best International MBA Programs Forbes Archived from the original on Aug 30 2023 Retrieved 2023 04 14 Executive Education Rankings Open Programs 2017 Financial Times Archived from the original on 2017 05 17 Retrieved 2017 05 19 Ortmans Laurent May 14 2017 FT Executive Education Rankings 2017 Financial Times Archived from the original on 2017 05 20 Retrieved 2017 05 19 Tutorials Script Varroc Group Varroc Group Site www varrocgroup com Archived from the original on 11 July 2018 Retrieved 5 July 2018 IMD Partnerships IMD Business School www imd org Retrieved 2023 06 06 External links editIMD International Institute for Management Development A Z Business Schools independent co uk Portals nbsp Switzerland nbsp Business and economics Retrieved from https en wikipedia org w index php title International Institute for Management Development amp oldid 1213423569, wikipedia, wiki, book, books, library,

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