INSEAD

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INSEAD
Institut européen d'administration des affaires
INSEAD Strapline Logo.svg
MottoThe Business School for the World
Type Grande école de commerce et de management
(private research university business school)
Established1957;67 years ago (1957)
Academic affiliations
Sorbonne University, Conférence des Grandes Écoles
Endowment €370 million [1]
Chairman Kristin Skogen Lund [2]
Dean Francisco Veloso [3]
Academic staff
250+
98% PhD.; [4]
22% female; [4]
91% international [4]
Students~1,540
(~1,000 in MBA )
(~300 in EMBA )
(~202 in MIM)
(~50 in MFin )
(~86 in Ph.D. )
Location
LanguageEnglish
Website insead.edu

INSEAD ( /ɪnsæd/ IN-see-ad), [5] is a non-profit business school with locations in Europe (Fontainebleau, France), Asia (Singapore), the Middle East (Abu Dhabi, UAE) and North America (San Francisco, USA ).

Contents

As a graduate-only business school, INSEAD offers a full-time Master of Business Administration, an Executive MBA (EMBA), an Executive Master in Finance, a Master in Management, an Executive Master in Change [6] , a PhD in management, a Business Foundations post-graduate certificate and a variety of Executive education programmes.

History

The Chateau de Fontainebleau Chateau Fontainebleau.jpg
The Château de Fontainebleau

Georges Doriot was a French-American venture capitalist and a professor at Harvard Business School who founded the American Research and Development Corporation (ARDC) in 1946, one of the first publicly owned venture capital firms.Doriot’s career was also shaped by his service as a General in the US Army during World War II, where he led the Military Planning Division. [7]

After the war, Doriot planned a business school that would unite leaders from different countries, including the formerly hostile, to rebuild economies and promote peace. This included citizenship limits and language of instruction to be interchangeably in either French, English or German to ensure cross-culture collaboration. [8] By the 21st century, however, all classes were being taught in English. [9]

In 1955, Doriot presented this idea to the Paris Chamber of Commerce, whose presidents, Jean Marcou and Philippe Dennis, funded the venture and became first presidents of the school. U.S. President Dwight D. Eisenhower also supported INSEAD. [10]

Doriot selected Claude Janssen and Olivier Giscard d'Estaing, his former students at Harvard, as his co-founders. Janssen, well-connected in European business circles, had experience in finance, while Giscard d'Estaing, younger brother of the future French president, Valéry Giscard d'Estaing, brought a political network, securing support from influential figures in France and abroad. [11]

INSEAD was established in 1957 and initially operated out of the Château de Fontainebleau, before relocating to its current Europe Campus in 1967. [12] The first MBA class began on 12 September 1959, with 57 students.

Campuses

INSEAD’s founding campus (the Europe Campus) is located in Fontainebleau, near Paris, France. The second campus (the Asia Campus) is in the one-north district of Singapore next to one-north MRT station and the third campus (the Middle East Campus) is located in Abu Dhabi. INSEAD expanded its presence to North America in 2020 with the opening of the INSEAD San Francisco Hub for Business Innovation [6] .

Grande école system

INSEAD is a grande école, a French institution of higher education that is separate from, but parallel and connected to the main framework of the French public university system. Similar to the Ivy League in the United States, Oxbridge in the UK, and the C9 League in China, grandes écoles are academic institutions that admit students through a competitive process. [13] [14] [15]

Degree programmes

Specialised Master's degree programs are offered in Management (INSEAD Master in Management program), [16] an MBA program, [17] Master in Change, [18] Master in Finance, [19] and a Phd program. [20]

Rankings and reputation

QS World Universities Rankings has been ranking INSEAD #2 globally in the Subject Ranking for Business and Management since 2018, behind Harvard University. [21]

Alumni

The INSEAD alumni community consists of 68,861 individuals across 179 countries with 171 nationalities. [22]

Partnerships and alliances

INSEAD is in alliance with several academic and business partners. [23] [24]

See also

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References

  1. "Finances & Endowment | INSEAD Annual Report – 2022". annual-report.insead.edu. Archived from the original on 22 July 2019. Retrieved 22 July 2019.
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  3. "INSEAD Has A New Dean From Imperial College Business School". Poets and Quants. 4 April 2023. Archived from the original on 1 September 2023. Retrieved 1 September 2023.
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  9. Schmitt, Jeff (28 February 2023). "Meet INSEAD's MBA Class Of 2023". Poets&Quants. Archived from the original on 19 August 2024. Retrieved 19 August 2024.
  10. "A brief history of INSEAD: Dean Mihov reflects on the school's first 60 years". INSEAD. Retrieved 19 August 2024.
  11. Bygrave, William D.; Timmons, Jeffry A. (1992). Venture capital at the crossroads. Boston, Mass: Harvard Business School Press. ISBN   978-0-87584-304-9.
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  18. "Executive Master in Change". Archived from the original on 24 March 2016. Retrieved 15 June 2022.
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  21. "INSEAD". Top Universities. Retrieved 8 September 2024.
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  23. "Schools Participating in Full-Time Exchange". Kellogg Northwestern. Retrieved 14 December 2019.
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