INSEAD Deadlines 2012-2013

The INSEAD deadlines for the program’s September 2013 intake have been released! The three deadlines are as follows:

Round 1
Deadline: October 3, 2012
Interview Decision Notification: November 9, 2012
Final Decision Notification: December 21, 2012

Round 2
Deadline: December 5, 2012
Interview Decision Notification: January 18, 2013
Final Decision Notification: March 1, 2013

Round 3
Deadline: March 13, 2013
Interview Decision Notification: April 19, 2013
Final Decision Notification: May 31, 2013

Applicants should note that applications must be submitted by midnight Central European Time on the day of the deadline. The deadlines for INSEAD’s January 2014 intake have not yet been announced.

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Yale SOM Hosts Kick-Off Meeting for Global Network for Advanced Management

The Yale School of Management (SOM) last week hosted a group of deans and directors from international business schools from around the world as part of a kick-off meeting for a new global network designed to address the evolving issues facing leaders in business and society.

The new Global Network for Advanced Management includes 21 international business schools from both developed nations and emerging markets and is the brainchild of Yale SOM Dean Edward Snyder.  » Continue reading

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Trivia Tuesday: INSEAD’s Core Curriculum

Welcome to this week’s Trivia Tuesday, in which we examine program elements that separate the leading MBA programs from their peers. Today we’re taking a glance into the Clear Admit School Guide to INSEAD in order to share with you an excerpt about the program’s elective offerings.

“INSEAD’s required core curriculum consists of 14 one-credit courses that are taught during the first three periods of the program. Each course meets twice a week for a total of 16 90-minute class sessions over an eight-week period.

“The first six courses, which make up the entirety of P1, are designed to provide an overview of basic business skills, such as accounting, finance, microeconomics and statistics, from an international perspective. During P2, students take a sequence of seven courses that examine the management of a business from an internal perspective, introducing operations, marketing and strategy to the picture. The newest addition to the core curriculum, the double-length course Business Ethics, spans Periods 1 and 2 and evaluates ethical problems from both a theoretical and a practical perspective. Finally, the two core courses in P3 seek to synthesize these business disciplines and consider the implications of the global nature of the business environment for those seeking to conduct business internationally.  » Continue reading

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Spotlight on INSEAD

As many of our readers know, INSEAD’s Round 1 deadline for the January 2013 intake is April 11, 2012.  For those of you planning to tackle your INSEAD application this weekend, here is an exclusive peek at information found in our School Guide about the highlights of this one-year MBA program:

Condensed Timeline – INSEAD, distinct from most of its peer schools, solely offers a one-year MBA program. Although schools such as Kellogg and LBS offer condensed options to some students, all INSEAD students are expected to complete their degrees in just ten months of instruction. By halving the time it takes to earn an MBA, INSEAD allows students to transition between careers and return to the workforce as quickly as possible.

Language Proficiency – INSEAD has the most rigorous language requirement of any leading business school, requiring fluency or proficiency in two languages to enter the program and knowledge of a third to graduate. These requirements are designed to prepare INSEAD students for highly international careers.

Multiple Campuses – Organized as one school spanning two continents, INSEAD’s dual campuses in France and Singapore enable students to gain firsthand experience with business and culture in both Western Europe and Southeast Asia. A third executive education campus was opened in Abu Dhabi in 2010. More than three-quarters of students take advantage of the school’s campus exchange opportunity during their time in the MBA program.

International Focus – With campuses in Europe and Asia, students drawn from over 70 countries, and alumni living in more than 160 countries, INSEAD is truly a global institution. During their time at INSEAD, students are exposed to cultural, linguistic and other differences through both formal academic experiences and informal interaction with classmates.

If you plan to submit an application by 11:59pm CET (5:59pm EST) this Wednesday, be sure to take full advantage of Clear Admit’s admissions resources for INSEAD, including our in-depth analysis of the school’s essay questions and detailed applicant reports of the INSEAD interview experience.

To receive personalized guidance on your application strategy, reach out to a Clear Admit counselor by calling (215) 568-2590 or sending your CV to info@clearadmit.com.

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Wiki Wednesdays: Submit an MBA Interview Report from Oxford / Said, IESE, or UNC / Kenan-Flagler and Win a $10 Amazon Gift Card!

Welcome to April’s first edition of Wiki Wednesdays, where we highlight MBA interview reports that have recently been posted on the Clear Admit Wiki!  Over the past week, applicants have sent us reports from schools such as MIT / Sloan and Georgetown / McDonough.  In addition, we received the following account of two INSEAD interviews from a Round 1 applicant:

First interview

Who: Mid 30s entrepeneur working at startup.

Interview: Met at a restaurant for lunch in London, interviewer was extremely warm and friendly. Brought a copy of my resume and asked me to walk him through it with occasional follow-up questions. Then asked the usual: Why MBA? Why now? Why INSEAD? Then went into detail on some activities and his experience at INSEAD. Only tricky part was interviewer identified the biggest weakness on my app was lack of experience and drilled down into it. Very relaxed and informal.  » Continue reading

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In the News

Leading MBA Programs to Swap Star Professors

Boston, MA (AP) – Harvard Business School’s Michael Porter is headed to Wharton in exchange for Jeremy Siegel and a professor to be named later.  The move follows lackluster seasons for academic awards at both institutions despite massive spending on faculty and standing-room-only crowds in both professors’ classes.  Porter, a noted strategy guru and tenured HBS professor will report to Philadelphia immediately, while Wharton’s financial markets expert, Siegel, will pack up and head for Boston.  Wharton’s Dean Thomas Robertson offered the following comments: “This is one of those trades where both professors will benefit from a change of scenery.  We’re confident that adding Michael to the mix of faculty we have in place will push us over the top.”

 

INSEAD to Introduce 1-Month MBA Program

Fontainebleau, France (Reuters) – INSEAD business school has introduced a month-long, highly accelerated MBA program beginning in September of 2012.  The program, internally dubbed ‘TurboMBA’, manages to compress an entire master’s in business administration into just four weeks of classroom instruction and will require intense commitment from its students due to an around-the-clock schedule.  INSEAD is recognized as having brought the short-format MBA into legitimacy with their one-year program many years ago.  The school is once again looking to shake things up and innovate:  “One of the chief benefits of this intensive short-duration program is that students will save money on lodging, since they will not be permitted to sleep during the course” said INSEAD’s Dean Dipak C. Jain.  Red Bull has agreed to sponsor this innovative offering.

 

Makers of the GMAT® Exam Pull the Plug on Next Generation GMAT

Reston, VA (AP) – In a stunning move that has shaken the business school world to its core, the Graduate Management Admissions Council (GMAC), makers of the GMAT® exam, have abandoned their plans to introduce a new section to the entrance exam.  The Next Generation GMAT® exam – originally slated for introduction in June of this year and designed to feature a new ‘Integrated Reasoning’ section – has been placed on hold indefinitely.  In an official press release, GMAC officials reasoned: “It just seemed like an awful lot of work to integrate such widespread changes.”

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Alumni-Based Lending Program for MBA Students to Head to the United States

Prodigy Finance, a London-based company started in 2007 by INSEAD alumni, expects to enter the U.S. business school market later this year with new options for international students who need loans to fund their education, according to a report this week in Bloomberg BusinessWeek.
Last week, the United Kingdom’s Cranfield School of Management signed on to Prodigy’s online community-based loan program, becoming the second in that country and the sixth in Europe to adopt it.

Created by three INSEAD alumni who themselves had trouble securing funding when they were international MBAs, the Prodigy program allows alumni of a particular school to place money in community education bonds that provide loans for students who follow behind them at that school. The loans, which carry an average 8.2 percent interest rate, are competitive with other loan providers in the U.S. and Europe, and students are required to repay them within seven years.  » Continue reading

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Georgetown’s McDonough School of Business, INSEAD Partner for US/EU Dialogue Series

Later this week, Georgetown University’s McDonough School of Business will partner with top European business school INSEAD to host a conference designed to continue transatlantic dialogue around current issues relating to business and public policy. Now in its third year, the “US/EU Dialogue Series” will take place on Friday, March 9th, on INSEAD’s campus in Fontainebleau, France.

At Friday’s event, scholars from the Georgetown Center for Business and Public Policy at McDonough will address hot-button topics in global business and policy including offshoring, the evolution of telecommunications and internal devaluations. INSEAD scholars will discuss the role of the WTO, foreclosures and segregation and corporate governance’s influence on green innovation.  » Continue reading

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U.K. Schools Explore New MBA Loan Options

In an effort to help prospective MBA students finance their programs as traditional bank sources for loans have dried up, business schools in the United Kingdom are turning to a model developed by INSEAD alumni in which alumni of a business school invest in those who will follow after them.

The company, London-based Prodigy Finance, was set up by three INSEAD alumni. Graduates of the school invest in the future careers of classmates who follow behind with the expectation that they will receive a good rate of return on their investment. The University of Oxford’s Saïd Business School announced last December that it has created a program with Prodigy, and the Financial Times reported this week that the Cranfield School of Management has followed suit.  Several other top U.K. business schools are expected to launch similar arrangements before the next MBA enrollment in September, the FT added.

 » Continue reading

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Professors from INSEAD, Harvard Business School Win Top European Case Study Awards

Three groups of professors from INSEAD and Harvard Business School (HBS) took top prizes at an annual European case study awards ceremony last week for cases involving black toilet paper, soap and breakfast cereal, the Financial Times reports. The FT report described the ECCH (formerly the European Case Clearing House) as the “Oscars” of the business world.

Researchers from INSEAD won the overall prize at the awards ceremony for a case study of privately-held Portuguese paper-products company Renova, which set itself apart from international competitors through development of “Renova Black,” the world’s first black toilet paper. “Renova’s success in bringing innovation and creativity to a commoditized category can serve as inspiration for all managers battling difficult conditions and a reason to remain optimistic about the future of southern European businesses, ” Pierre Chandon, an INSEAD marketing professor and one of the authors of the case, told the FT » Continue reading

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Yale School of Management to Form New Deans Network to Focus on Globalization

The Kellogg School of Management earlier this week announced a new comprehensive strategy for the school that will include, among other things, a greater emphasis on globalization. In this regard, Kellogg is not alone. The Association to Advance Collegiate Schools of Business last February called on business schools to make globalization more central to graduate management education, and the Yale School of Management (SOM) has responded with the creation of a new forum for business school deans from around the world, according to a recent report in Bloomberg Businessweek.

Called the Global Network for Advanced Management, the new partnership is intended to give deans from business schools all over the world a place to gather and exchange ideas, Yale SOM Deputy Dean Stanley Gartska told Bloomberg BW. The school is working to recruit deans from Mexico, Chile, Brazil, Costa Rica, Ireland, Poland, South Africa, Ghana and the Philippines, among others, Garstka said.  » Continue reading

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Stanford Graduate School of Business Tops Financial Times MBA Rankings for First Time

Stanford Graduate School of Business (GSB) this year tops the Financial Times global ranking of MBA programs, becoming only the fourth institution to do so. Stanford, which for the past 13 years has placed in the top 10, bested previous winners Harvard Business School (HBS), the Wharton School at the University of Pennsylvania and London Business School to take the top spot for the first time.

HBS came in at number two, followed by Wharton at number three. London Business School, meanwhile, fell from joint first to fourth, mirroring a general trend in which U.S. schools fared marginally better than their European counterparts. Falling salaries among alumni from European schools – an impact of the recent economic turmoil in Europe – account in part for this trend, the FT reports.  » Continue reading

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INSEAD Launches New Singapore EMBA Program, Admissions Test

INSEAD will launch a new version of its Global Executive MBA (GEMBA) program on its Singapore campus in August 2012, the school announced this week. The school will also debut a new in-house admissions test designed specifically for EMBA students by Prep Zone, a company founded by two INSEAD alumni.

The new Singapore GEMBA section will include both shorter modules during the week as well as weekend modules for much of the core curriculum. In addition to this newest GEMBA section centered in Singapore, INSEAD features three others: one centered in Fontainebleau, France; one in Abu Dhabi; and a joint program with Tsinghua University for Chinese executives. INSEAD Dean Dipak Jain told the Financial Times in an October 2011 interview he also intends to launch an EMBA program in the United States, probably with a partner.  » Continue reading

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Trivia Tuesday: INSEAD's Language Requirement

Today in Trivia Tuesday, we’re looking inside the Clear Admit School Guide to INSEAD in order to share with you an excerpt about the program’s language requirement.

“A distinctive aspect of INSEAD’s MBA program is that language skills are an official requirement for both admission and graduation. Beyond the requirement that students possess proficiency in two languages upon enrollment, one of which must be English, students must also demonstrate basic knowledge of a third commercially useful language in order to graduate. INSEAD’s “basic knowledge” classification, equivalent to the European Council’s A2 competency level, requires an ability to communicate clearly and simply about routine matters and situations. Though students have the full duration of their studies at INSEAD to reach this level of competence, they must declare their exit language at the time of enrollment.

“Incoming students who are already proficient in a third language are permitted to certify their competence before matriculation, provided that they have passed a state-recognized language proficiency exam accepted by INSEAD or completed a degree program of which at least one year was conducted exclusively in the language in question. During Orientation Week, students may also sit for a written or oral proficiency test administered by one of INSEAD’s partner language instruction institutions.  » Continue reading

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