INSEAD explained

INSEAD
Native Name:Institut européen d'administration des affaires
Motto:The Business School for the World
Type:Grande école de commerce et de management
(private research university business school)
Endowment:€370 million[1]
Dean:Francisco Veloso[2]
Chairman:Kristin Skogen Lund[3]
Students:~1,540
(~1,000 in MBA)
(~300 in EMBA)
(~202 in MIM)
(~50 in MFin)
(~86 in Ph.D.)
Faculty:250+
98% PhD.;[4]
22% female;
91% international
Academic Affiliations:Sorbonne University, French: [[Conférence des Grandes Écoles]]
Language:English

INSEAD,[5] a contraction of "Institut Européen d'Administration des Affaires",[6] is a non-profit graduate business school that maintains campuses in France (Europe Campus), Singapore (Asia Campus), and the United Arab Emirates (Middle East Campus). INSEAD is associated with Sorbonne University and The Wharton School.

History

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.[7] 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.[8]

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.[9] By the 21st century, however, all classes were being taught in English.[10]

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.[11]

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.[12]

INSEAD was established in 1957 and initially operated out of the Château de Fontainebleau, before relocating to its current Europe Campus in 1967.[13] The first MBA class began on 12 September 1959, with 57 students.

Campuses

The original campus (the Europe Campus) is located in Fontainebleau, near Paris, France. The second campus (the Asia Campus) is in the one-north district of the city-state of Singapore. The third campus (the Middle East Campus) is located in Abu Dhabi. A San Francisco campus was opened in 2020, and followed the US business school method.[14]

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.[15] [16] [17]

Degree programmes

Specialised Master's degree programs are offered in Management (INSEAD Master in Management program),[18] an MBA program,[19] Master in Change,[20] Master in Finance,[21] and a Phd program.[22]

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.[23]

Alumni

See main article: List of INSEAD alumni.

The INSEAD alumni community consists of 68,861 individuals across 179 countries with 171 nationalities.[24]

Partnerships and alliances

INSEAD is in alliance with several academic and business partners.[25] [26]

See also

External links

Notes and References

  1. Web site: Finances & Endowment | INSEAD Annual Report – 2022 . annual-report.insead.edu . 22 July 2019 . 22 July 2019 . https://web.archive.org/web/20190722215557/https://annual-report.insead.edu/finances-and-endowment . live .
  2. Web site: INSEAD Has A New Dean From Imperial College Business School . 4 April 2023 . 1 September 2023 . Poets and Quants . 1 September 2023 . https://web.archive.org/web/20230901060331/https://poetsandquants.com/2023/04/04/insead-has-a-new-dean-from-imperial-college-business-school/?pq-category=business-school-news . live .
  3. Web site: Singh . Smita . Kristin Skogen Lund Appointed Chairperson of INSEAD Board of Directors . HR Today . 18 October 2024.
  4. Web site: Insead . . 23 January 2022 . 23 January 2022 . https://web.archive.org/web/20220123201056/https://rankings.ft.com/schools/135/hec-paris/rankings/2869/european-business-school-rankings-2021/ranking-data . live .
  5. Web site: Patil . Pratyush . How to pronounce INSEAD? . INSEAD . 23 April 2024 . 23 April 2024 . https://web.archive.org/web/20240423213111/https://intheknow.insead.edu/blog/how-pronounce-insead . live .
  6. Web site: 13 April 2021. INSEAD Definition. Investopedia. 14 April 2021. https://web.archive.org/web/20210414025109/https://www.investopedia.com/terms/i/insead.asp#:~:text=Founded%20in%201957%2C%20INSEAD%20is,d'Administration%20des%20Affaires%22. live.
  7. Web site: Who Made America? | Innovators | Georges Doriot . pbs.org . 30 January 2018 . 8 December 2012 . https://web.archive.org/web/20121208041220/http://www.pbs.org/wgbh/theymadeamerica/whomade/doriot_hi.html . live .
  8. Web site: Five Degrees of Doriot . Harvard Business School. December 2014 .
  9. Book: Gupta, Udayan . The First Venture Capitalists: Georges Doriot on Leadership, Capital, and Business Organization . Gondolier . 2004 . 9781896209937 . 1st . Canada . April 2004 . 125 . English.
  10. Web site: Schmitt . Jeff . 28 February 2023 . Meet INSEAD's MBA Class Of 2023 . 19 August 2024 . Poets&Quants . en-US . 19 August 2024 . https://web.archive.org/web/20240819052331/https://poetsandquants.com/2023/02/28/meet-inseads-mba-class-of-2023/ . live .
  11. Web site: A brief history of INSEAD: Dean Mihov reflects on the school's first 60 years . 19 August 2024 . INSEAD.
  12. Book: Bygrave . William D. . Venture capital at the crossroads . Timmons . Jeffry A. . 1992 . Harvard Business School Press . 978-0-87584-304-9 . Boston, Mass.
  13. Web site: Our History . 19 May 2014 . INSEAD . 18 May 2014 . https://web.archive.org/web/20140518030113/http://about.insead.edu/who_we_are/history.cfm . live .
  14. Kaplan . Andreas . 2018 . Andreas Kaplan, 2018, A school is "a building that has four walls…with tomorrow inside": Toward the reinvention of the business school, Business Horizons . Business Horizons . 61 . 4 . 599–608 . 10.1016/j.bushor.2018.03.010. 158794290 .
  15. Web site: France's educational elite. 17 November 2003. 5 February 2019. Daily Telegraph. 27 July 2018. https://web.archive.org/web/20180727033935/https://www.telegraph.co.uk/expat/4190728/Frances-educational-elite.html. live.
  16. Book: Pierre Bourdieu. The State Nobility: Elite Schools in the Field of Power. 1998. Stanford UP. 133–35. 9780804733465. 27 January 2022. 28 September 2023. https://web.archive.org/web/20230928192817/https://books.google.com/books?id=do9o-jIrzXgC&pg=PA133#v=onepage&q&f=false. live.
  17. Web site: What are Grandes Ecoles Institutes in France? . 19 April 2019 . 27 January 2022 . 28 December 2022 . https://web.archive.org/web/20221228141516/https://www.mbacrystalball.com/blog/2019/04/19/grand-ecoles-france/, . live .
  18. Web site: QS Business Masters Rankings: Management 2022 . live . https://web.archive.org/web/20211203053853/https://www.topuniversities.com/university-rankings/business-masters-rankings/management/2022 . 3 December 2021 . 3 December 2021 . QS.
  19. Web site: 4 November 2014 . MBA Programme – Campus Exchange . live . https://web.archive.org/web/20160331223524/http://mba.insead.edu/the-insead-mba/campus-exchange.cfm . 31 March 2016 . 23 January 2015 . insead.edu/.
  20. Web site: Executive Master in Change . live . https://web.archive.org/web/20160324065520/http://specialised-degrees.insead.edu/executive-master-in-consulting-and-coaching-for-change/ . 24 March 2016 . 15 June 2022.
  21. Web site: 14 July 2022 . The INSEAD MFin – Preparing Financial Leaders . live . https://web.archive.org/web/20240124223739/https://www.insead.edu/master-programmes/executive-master-finance . 24 January 2024 . 24 January 2024.
  22. Web site: INSEAD PhD in Management Overview . dead . https://web.archive.org/web/20160305114732/https://phd.insead.edu/programme/ . 5 March 2016 . 31 March 2014.
  23. Web site: INSEAD . 8 September 2024 . Top Universities . en.
  24. Web site: INSEAD Alumni Community . insead.edu . 8 March 2022 . 10 March 2022 . https://web.archive.org/web/20220310033605/https://www.insead.edu/alumni . live .
  25. Web site: Schools Participating in Full-Time Exchange . 14 December 2019 . Kellogg Northwestern.
  26. Web site: June 2018 . STRATER: RegroupementsIle-de-France . October 3, 2024 . enseignementsup-recherche.

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