Why should you apply to IMD?
IMD, located in Lausanne, on the shores of one of Switzerland’s most beautiful lakes, is an accelerated powerhouse situated about 40 minutes from Geneva.
IMD offers an intensive and intimate one-year MBA experience for just 90 students. It may well be one of the most thoughtfully crafted MBA programs for individuals available. The program — which focuses on leadership, entrepreneurship, and social responsibility — starts in January and ends in December. IMD’s “Real World. Real Learning” approach provides the foundation for the MBA program. Taught in English, the IMD MBA covers the same amount of material as a traditional two-year program and incorporates unique leadership experiences, start-up projects, building networks, and intensive personal coaching. The program starts with business fundamentals in such core areas as accounting, finance, marketing, and operations. Students get to understand the functional areas of organizations 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. Final grading is based on exams, class participation, and group project
The program also has a heavy experiential learning component wherein students work directly with a start-up company, as well as with CEOs and board-level executives of global companies.
Leadership development is an important feature of the IMD program. Participants develop the skills to tackle complex business challenges and lead in a responsible manner. The integration of classes, live business cases and company projects across the globe allows participants to apply what they learn and develop the skills to run any global business. They live a start-up experience, help develop sustainability, and work with top management in multinationals. They develop leadership skills based on technical competence, self-awareness and moral judgment and have an optional 20 sessions with a psychoanalyst to increase their personal development.
IMD MBA Rankings at a glance
Recruitment at IMD
IMD’s combination of relevance and rigor is part of the reason why companies come to recruit at IMD and why the IMD MBA consistently ranks among the best in the world.
As its hiring statistics reveal, IMD consistently showcases a diverse recruitment pattern. At IMD (statistics taken from the class of 2015) 93% of the class changed function, industry or geography while 74% changed two or more dimensions of their career and 33% changed all three dimensions.
Top ten hiring companies at IMD
Global hiring at IMD
IMD Application Essentials
IMD looks to select the best group of 90 from around the world: a talented group of people from diverse backgrounds who represent over 40 nationalities, typically have between 4-9 years of full-time work experience, and have an international outlook, excellent interpersonal skills and strong leadership potential. IMD’s application is rigorous and includes:
*Please note that IMD specifically states “If you are a citizen of a country that requires a visa process, we recommend that you apply for one of the first three deadlines. If you wish to attend one of the Assessment Days abroad, you will need to apply for the first two deadlines”. It is important for international students to attend assessment days – at the same time I have had applicants to the June deadline get admits.
IMD Application Process
Fees and Financing
|1st installment/deposit: upon acceptance of admission||CHF 15,000|
|2nd installment: 30 September||CHF 15,000|
|3rd installment: 28 February||CHF 40,000|
|4th installment: 30 April||CHF 15,000|
|Scholarship Name||Scholarship Amount||Essay Topic||Particulars|
|MBA Class Scholarship for Emerging Markets||CHF 200’000 (to be split between the winners of the scholarship)||NA||For citizens of developing countries to enable young leaders who meet the following criteria to earn the IMD MBA degree.
|IMD MBA Future Leaders Scholarships||3 scholarships of CHF 30,000 each||Submit a 750 word essay on:
It has been said that success in business requires flexibility to be responsive, but also commitment to a recognized set of values. Discuss using your personal and professional experience. Applicants need to demonstrate exceptional leadership ability.
|Use the attached IMD-MBA-Scholarship-Template for your essay|
IMD MBA Alumni Scholarships
|5 scholarships of CHF 30,000||Submit a 1,000 word essay on:
Identify one issue in your region / country which you consider a priority to address. Why would you choose this issue? How would you, as a business leader, personally address it and ensure your action has a sustainable impact?
Essays should be personal and visionary, and include a clear description of how the solution could be implemented in a sustained manner
|One scholarship is awarded to a citizen, but not necessarily current resident, of each region: Asia, Africa/Middle East, Latin America, Eastern Europe and Western Europe/North America/Oceania. The financial aid form IMD-Financial-Aid-Application-Form needs to be submitted as well to firstname.lastname@example.org
Use the attached IMD-MBA-Scholarship-Template for your essay
|Nestlé Scholarship for Women||1 scholarship of CHF 25,000||Submit a 750 word essay on:
Many have argued that greater diversity in the Top Management team of an organization is good for profits and customers. What would you recommend as ways to achieve greater diversity?
|The financial aid form IMD-Financial-Aid-Application-Form needs to be submitted to email@example.com
Use the attached IMD-MBA-Scholarship-Template for your essay. Employees of Nestlé and its subsidiaries are not eligible
|Jim Ellert Scholarship||1 scholarship of CHF 20,000||Submit a 500 word essay on:
Why I would like to do an MBA at IMD?
The quality of the admission application will also be taken into consideration
|Preference is given to citizens from Africa, Central and Eastern Europe and the South-Eastern Asian Peninsula. The financial aid form IMD-Financial-Aid-Application-Form needs to be submitted to firstname.lastname@example.org
Use the attached IMD-MBA-Scholarship-Template for your essay.
|Stewart Hamilton Scholarship||1 scholarship of CHF 20,000||Read the case study ‘Hollinger and the Downfall of Conrad Black’ and submit a 750 word essay on:
What failed in the Hollinger corporate governance system and what are your personal learnings from this case study?
|Use the attached IMD-MBA-Scholarship-Template for your essay.
Check the pdf Hollinger-case-study for the case study
|IMD MBA Merit Scholarships||5 scholarships of CHF 10,000 each||NA||Awarded at the discretion of IMD’s Admissions Committee at the time of offer to applicants who demonstrated exceptional qualities throughout the admissions process.|