MBA Programme 2013 One year to challenge your thinking, change your outlook and choose your future. Contents 1. Welcome to the INSEAD MBA 01 Experience 2. Ten Reasons to Choose the 02 INSEAD MBA 3. Campus Life 04 4. The Power of Diversity 07 5. Classes of 2012: Key Facts 08 6. Curriculum 10 7. Exchanges and Partnerships 12 8. Group Work 13 9. World-Leading Research 14 10. Our Faculty 16 11. Student Life 20 12. Alumni Network 22 13. INSEAD Women in Business 26 14. A Typical Day 27 15. Career Momentum 28 16. Applying to the MBA Programme 32 17. Financing: The Facts 34 18. Meet Us 35 19. Other INSEAD Programmes 35 MBA Programme 2013 01 Welcome to the INSEAD MBA Experience Of course, INSEAD is famous for its diversity, but it’s the sheer quality of our teaching and research that I’m most proud of. INSEAD faculty are known for both their rigour and their relevance. They not only do groundbreaking research but are also outstanding at bringing the insights from that research into the MBA classroom. In addition, they know how to leverage the diversity of cultures, experiences and backgrounds in each class, which is what makes INSEAD one of the most enriching places to learn – and teach – on the entire globe. Peter Zemsky The Eli Lilly Chaired Professor of Strategy and Innovation, Deputy Dean, Degree Programmes and Curriculum 02 MBA Programme 2013 Ten reasons to choose the INSEAD MBA 01Simply one of the best 02Unquestionably the most international We’re ranked international number 1 MBA by With 80 nationalities in every year, no dominant Businessweek and have been in the Financial culture, MBA campuses in Europe and Asia, and an Times global top 10 for over a decade, which optional US exchange, there’s no better place to means you’ll learn from some of the most expert build your international career. professors and talented peers in the world. 03Maximum return on investment 04Truly global career opportunities And minimum opportunity cost. INSEAD’s one- With over 25 expert careers staff across both year programme means only one year out of the campuses and over 100 of the world’s top MBA job market…. and only one year of fees – resulting recruiters visiting campus, you can find a new in an average 97% salary increase. No wonder the vocation or accelerate your existing career – FT ranks us higher than any other top-10 school anywhere in the world. for ROI. 05 06 A powerful alumni community Work hard, play hard, go far INSEAD’s 43,000 alumni form a tight-knit After 10 intensive months of learning, socialising, community of like-minded individuals that travelling and career building, you’ll be ready for stretches across more than 160 countries. It is any challenges life throws at you. renowned for being one of the most supportive and well-connected business networks in the world, offering you a ready-made global address book. MBA Programme 2013 03 07Grow professionally – and as a person 08Curricular and geographical flexibility Join a collaborative culture that will accelerate The 75 electives and study treks, the 2 intakes your development – and leverage your classmates’ (January and September) across 2 campuses 5,000+ years of combined experience to grow (France and Singapore) and the option of studying even faster. on 3 continents will allow you to tailor your MBA to fit your career goals. 09Entrepreneurial inspiration 10The best year of your life There’s something about having so many Nearly all our alumni say it, so – after over 50 years perspectives in one place (not just 80 nationalities, of listening to them – we figure it must be true! but also a wealth of diverse career backgrounds) that generates new ideas. Perhaps that’s why 50% of our graduates start or run their own company at some point in their career. 04 MBA Programme 2013 I bike to school past the château where Napoleon and many of the kings of France lived. Frank Panuwatana Class of July 2012 Thai Before INSEAD: Manager in Corporate Advisory Services, Baker Tilly, Thailand Previous degree: Thammasat University, Thailand I wanted to experience – and work in – Europe. Paris is only 40 minutes away, so I go there a So there was really only one MBA choice: few times a month. And having a scholarship INSEAD. Fontainebleau is Europe at its most (thanks to the MBA class of July 1987) has charming. I bike to school past the château enabled me to get the most out of the where Napoleon and many of the kings of experience of being in Europe. Best of all, in France lived. I go running behind campus in the addition to industry, I’m considering careers idyllic forest, which is also a world centre for in finance or consulting – and Europe’s top rock climbing. I’ve even joined the rugby club, recruiters in both fields come to campus. which was something I never thought I’d do but seemed like the right way to challenge myself! MBA Programme 2013 05 I only applied to INSEAD. I chose it because I wanted to study for a top MBA in Asia. Linn Tonsberg Class of December 2012 Norwegian Before INSEAD: Regional Manager, Voss, Asia Previous degree: Tufts University, USA I only applied to INSEAD. I chose it because Middle East and Europe, studied in the US and I wanted to study for a top MBA in Asia worked in Asia, including Singapore. But I’m in a and because my father did the Advanced whole new Singapore now that I’m experiencing Management Programme here a few years it through INSEAD! The campus is a wonderful back. He’s always been passionate about the mixture of the laid back and the intense, full of school and now it’s my turn. high-energy, hard-working, motivated people. There’s always something going on – whether I’ve moved every three years since I was born, it’s a National Week or an INSEAD Women in so the international environment feels like Business meeting. I always have the feeling that home. I was born in Hong Kong, grew up in the there aren’t enough hours in my day. 06 MBA Programme 2013 MBA Programme 2013 07 Take one problem and you’ll get at least 80 different views. Trevor Muchedzi Class of July 2012 Zimbabwean Before INSEAD: Research Analyst, Strate Limited, South Africa Previous degree: National University of Science and Technology, Zimbabwe I came here for the multi-lingual, international to emerge. All the time, I keep thinking, “I could mix – to gain leadership skills and cultural apply this idea in Africa.” sensitivity. But it’s been even more enriching than I bargained for. With more than 80 different Although I’ve experienced both Europe and nationalities – and almost as many professional Asia thanks to INSEAD – the two campuses are backgrounds – in some classrooms, you can like twins separated at birth! – I’d like to return imagine the debates. Take one problem… and to Africa. In the long run, inspired by INSEAD, you’ll get at least 80 different views. And by I’d like to start my own business there. Africa exchanging campuses, you see things from is at the point Asia was at a decade ago. If you yet another angle. The professors are real want to seize the opportunities, you just have to experts in allowing the different perspectives be on the ground! 08 MBA Programme 2013 Classes of 2012: Key Facts 5 31% average years women work experience (2 to 12 years) 29 83 average age of nationalities participants (23 to 36 years old) 1008 703 students average GMAT score (range of 600 to 790) Diversity of Class 7% 9% Countries 12% Asia / Asia Pacific Central / Eastern Europe Latin America Middle East / Africa 24% 26% Northern / Western Europe Southern Europe United States / Canada 8% 14% MBA Programme 2013 09 10 MBA Programme 2013 The 10-month MBA programme includes five periods, each lasting eight weeks. At the end A cutting- of every period, there is an assessment (exam, essay or project) and a short break. edge, real- The first half of the programme is built around 14 core courses, which provide you with a world solid understanding of the key management curriculum disciplines. Period Period Period Period Period Financial Corporate Elective* Elective* Elective* Accounting Financial Policy Elective* Elective* Elective* Financial Markets & Marketing Elective* Elective* Elective* Valuation Management Elective* Elective* Organisational Organisational Behaviour I Behaviour II International Political Analysis Prices & Managerial Markets Accounting Macroeconomics in the Global Uncertainty, Process & Economy Data & Operations Judgement Management Strategy Business Ethics (P1-P2) Career Orientation Job Search On and Off Campus Recruitment Strategies Job Search January intake internship/break Opportunity to take advantage of the campus exchange * For more information on academics and elective offerings go to mba.insead.edu/academics MBA Programme 2013 11 During the second half of the programme, across both campuses). While some students INSEAD offers you an unparalleled range prefer to concentrate on certain disciplines, of innovative electives, all taught from an such as entrepreneurship and strategy, others international perspective. You can tailor the choose to take courses in a wider variety of programme to meet your specific needs and subjects to prepare for a career in general career objectives by choosing 11 electives from management. a selection of more than 75 courses (offered Elective examples Period Entrepreneurship in Action This dynamic business simulation puts participants in the shoes of an entrepreneurial team competing in a consumer-durable market. The aim is to simulate the pressure-cooker environment of managing a new venture in the critical second-round financing stage.