MBA Programme 2011

One year to challenge your thinking,

change your outlook and choose your future.
1. Welcome to INSEAD’s MBA 01

2. Classes of 2009 02

3. The learning experience 04

4. Unique learning environment 06

5. Faculty and research 08

6. Curriculum 12

7. The INSEAD difference 14

8. Key facts of 2010 classes 16

9. Your career 18

10. Life at INSEAD 20

11. Alumni network 22

12. Two of the fifty 24

13. Financing your MBA 26

14. Scholarships 27

15. What should I do now? 28

16. Frequently asked questions 29

 MBA Programme 2011 01

Welcome to
INSEAD’s MBA
A life-changing experience: this is how many of the past participants
describe the INSEAD MBA programme. It is also intense, challenging,
exciting and takes place in what is probably the most diverse
environment you will ever experience.

So why INSEAD?
INSEAD has 145 faculty from more than
36 countries, who are an inspiring mix of
thought leaders, change agents and innovators,
many of whom have been globally recognised
for their ground-breaking research and
contribution to business. Faculty are based
on both of our equal status campuses in
Fontainebleau and Singapore, enabling them
to give participants unique insights into the
world of business in Europe and Asia.
As our graduates transition back to the
professional world they benefit from another
major advantage of INSEAD: our powerful
alumni network.
With over 40,000 members worldwide, living
and working in over 160 countries across all
continents, there is a breadth and depth to
our network that is unmatched by any of
INSEAD’s peer schools.

Diversity is at the heart of the INSEAD
experience and each class is a fusion of more
than 70 nationalities with no dominant culture:
this creates an environment that fosters an
enthusiasm for open-minded debate and an
eagerness to engage in new ideas. This year
we have hit yet another milestone: 34% of
our December 2010 MBA class are women.
An INSEAD MBA helps you to better understand
and expand your world and provides you with
a passport to help you successfully navigate the
ever-changing landscape of international business.
I would like to thank you for considering
INSEAD for your MBA degree and look
forward to meeting you on campus.

The intense 10-month curriculum develops

successful, thoughtful leaders and entrepreneurs
with cross-cultural insights and creative
problem-solving skills - leaders who generate
value for their organisations and communities.

Recent MBA graduates have gone on to work Jake Cohen

for over 300 different companies in more Dean of the MBA Programme
than 50 countries around the world facilitated
by INSEAD’s relationship with the world’s
leading recruiters.
02 MBA Programme 2011

Classes
of 2009
The classes of 2009 were one
of our most diverse MBA student
groups ever, in terms of nationality,
experience, education, gender
and ambition.
The industries and professions they came from
were also many and varied, but so were their
post-MBA career choices. Many changed their
country of work, sector or functional area
completely, some changed all three, whilst
others utilised their MBA as a springboard into
positions in their own sector that they could
only dream of before embarking on their MBA.

83 %
changed their country of work,
sector or functional area

26 %
changed all three
MBA Programme 2011 03
04 MBA Programme 2011
The learning
experience
Faculty from all corners of the world lead
discussions that will test, inspire and challenge
your ideas, knowledge and concepts. The goal
of professors at INSEAD is to bring out the best
in each of you so that you can learn from each
other’s experiences. Their objective is to put
all these experiences together and provide a
framework for you to take with you when you
leave the class. There is no single preferred
teaching method at INSEAD as faculty are free
to choose the method they believe fits best with
the content of the session and may include case-
studies, computer simulations and role-playing.
“To a large extent, teaching at INSEAD is based
on active research and involvement in doctoral
seminars, and active involvement with senior
executives and executive education. This is a
powerful and synergistic combination of theory
and practice, and for me, the MBA classroom is
where it comes together best. I suspect that at
INSEAD learning occurs as much or more
outside the classroom as inside. Our participants
bring to campus globally diverse backgrounds
and work experience and bright and curious
minds. When combined with the structure of
our curriculum, it makes INSEAD an intense
and magnificent learning environment.”
Subramanian Rangan
Professor of Strategy and Management
The Shell Fellow in Business and the Environment
 MBA Programme 2011 05

Group experience
Central to INSEAD’s MBA experience is
working together in groups. The primary
objective of group work is to develop
team building skills and collaborative working
styles. Within your group you will also have
the opportunity to explore different leadership
preferences and hone your skills as a leader
in a risk-free environment.

When you arrive at INSEAD, you are assigned

to a study group. Your group will be made up
of fellow students from varied countries and
professional backgrounds to make it as diverse
as possible. You and your group will get to
know each other very well during your time
at INSEAD as you work on various projects.
You will learn to work with people from
different backgrounds and cultures, who may
not always see things the way you do - in fact,
you will likely have diverging opinions and
perspectives. You will learn to share ideas, to
question, to challenge, to negotiate, to encourage,
to support and above all, to work together.
“In your first week, you are placed together
with four or five other classmates in a group,
and this group is yours for the next four months.
All group work and group-generated grades
come from this collaboration, so it is in your
interest to create an effective team dynamic as
soon as possible. Taking into account the
personalities, the broad range of backgrounds
and experiences, this is a test in itself!”
Victoria Tott
Class of July 2010
British
06 MBA Programme 2011

Unique learning
environment

With a diverse mixture of gender, race, ethnicity,

age, work experience and interests at INSEAD you
will engage with the ‘world’ every day. A senior
faculty member at INSEAD summed it up like this:
“I thought I knew what diversity was before I joined
INSEAD, but once I got here, I realised I had never
experienced anything like it before. INSEAD is like
a small United Nations.”

Campus exchange
A unique and popular feature of an INSEAD
MBA is our campus exchange programme.
This is available to participants from Period 3
onwards and gives you the opportunity
to spend at least one period (eight weeks)
at the other campus. Some students may also
choose to take advantage of the Wharton
exchange for one period.
The campus exchange is facilitated through
an online bidding process which takes place
during Period 1, approximately 6 weeks
after the programme starts, when you will be
asked to indicate your campus preferences
for Period 3, Period 4 and Period 5. You can
also bid for the Wharton exchange during
this time. Approximately 70% of students take
advantage of the campus exchange, spending
time studying on both or sometimes all three
campuses during their time at INSEAD.
MBA Programme 2011 07
“I chose INSEAD because the dual campus and
everything that goes with it created a distinctive
environment for learning. The atmosphere was
similar to working at a multinational company,
something that you would be hard-pressed to
find at any other school. My experience in the
classroom was equally diverse and did not fit
any certain mould. Classes were at times formal
and lecture-based while at other times they
were open and participatory. What have I taken
away from the MBA experience? A very large
global network, including friends and alumni,
that has created for me a support network that
exists no matter where in the world I go. And
this makes living abroad much easier!”
Ben Kamarck
Class of July ’09
American
08 MBA Programme 2011

Faculty
and research

The cornerstone of what makes
INSEAD different is our faculty.
No other business school has
a more diverse and engaged
faculty body than ours.
145
world-class faculty from
36 countries
MBA Programme 2011 09
Over the last 50 years, INSEAD has created a
community grounded in entrepreneurship, with
a ‘can do’ attitude in which 145 of some of the
world’s best faculty thrive. INSEAD research and
thought leadership is renowned for being both
rigorous and relevant.
INSEAD faculty are world leaders in key
business disciplines such as Leadership,
Strategy, Marketing, Entrepreneurship,
Organisational Behaviour and Finance.
They have also authored countless books and
research papers including international best
sellers such as : ‘The Momentum Effect’ by Jean-
Claude Larréché; ‘Dance With Chance, Making
Luck Work For You’ by Spyros Makridakis,
Robin Hogarth and Anil Gaba (pictured left);
‘Blue Ocean Strategy’ by W. Chan Kim and
Renée Mauborgne and ‘Humanitarian Logistics’
by Luk Van Wassenhove and Rolando Tomasini.
10 MBA Programme 2011

“I am a social psychologist by training, and I do

experimental research on culture and negotiations.
Given the amazing diversity that you see every
day in the MBA classroom, INSEAD has always
been an ideal place for someone like me
to work. Students and faculty are constantly
challenging each other to think deeply about
important issues, to ask interesting questions,
and to always see the world through a complex,
multicultural lens.”

William Maddux
Assistant Professor of Organisational Behaviour
 MBA Programme 2011 11

“For the past fifteen years, I have been studying

how firms develop their business portfolio by
developing, acquiring, and reshuffling their
resources. I share this knowledge in a holistic
MBA course which integrates strategic, financial,
organisational, and human perspectives to help
MBAs learn how to identify, price, and integrate
firms or specific resources through M&As,
alliances or other corporate development tools.”

Laurence Capron
Professor of Strategy
Research Director INSEAD-Wharton Alliance

Research passion, commitment for teaching

excellence, and an enthusiastic inter-disciplinary
approach to pedagogy led Professor Laurence
Capron to receive the Dean’s commendation
for Excellence in MBA Teaching and to win the
MBA Award for Best Teacher in 2008.
12 MBA Programme 2011

Curriculum The 10-month MBA programme includes

five periods, each lasting eight weeks. At the
conclusion of every period is an assessment
(exam, essay or project) and a short break.

The first half of the programme is built around

14 core courses, which provide you with a
solid understanding of the key management
disciplines including finance, accounting,
marketing, operations, strategy, leadership
and business ethics.

1 23 45
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
Leading Leading International
People Organisations Political Analysis
& Groups
Managerial Macroeconomics
Prices & Accounting in the Global
Markets
Process & Economy
Uncertainty, Operations
Data & Management
Judgement
Strategy

Business Ethics (P1-P3)

Career orientation Job search On and off campus recruitment

strategies Job search
January intake
internship/break
Opportunity to take advantage
of the campus exchange
 MBA Programme 2011 13

During the second half of the programme,
INSEAD offers you an unparalleled range
of innovative electives, all taught from an
international perspective. You can tailor the
programme to meet your specific needs and
career objectives by choosing 11 electives from
a selection of more than 75 courses (offered
across both campuses). While some students
prefer to concentrate on certain disciplines, such
as entrepreneurship or strategy, others choose
to take courses in a wider variety of subjects to
prepare for a career in general management.

Examples of electives:

3-5
Periods
Your First Hundred Days
Role play a management buyout in an
MBA team. After a preliminary session,
expect the unexpected – from phone calls
in the early hours to difficult journalists
and union reps!

Elective areas Mergers & Acquisitions, Alliances

& Corporate Strategy (MAACS)
— Accounting & Control Advanced strategy, exploration of modes
— Decision Sciences of corporate development including
mergers, acquisitions, strategic alliances,
— Economics & joint ventures and divestiture. Learn
Political Science frameworks and theories that will allow
for a structured approach to M&A issues
— Entrepreneurship from initiation to implementation.
& Family Enterprise
— Finance Market Driving Strategies
— Marketing Achieve and sustain market leadership
and profitable growth in competitive,
— Organisational Behaviour fast-changing global markets – all through
a simulated exercise.
— Strategy
— Technology & Operations Value Creation in Corporate
Management Restructuring (VCCR)
— Other (courses in areas such as Understand issues surrounding
Ethics and Communication). corporate restructuring and the financial
management of distressed corporations.
Answer what is, and what is not, value
creation. Analyse reasons for potential
success or failure of restructuring events
and finally, how these schemes impact
shareholder value.
14 MBA Programme 2011
The INSEAD difference
Setting the global business agenda
INSEAD has some of the world’s best faculty.
They are all experts in their fields and are
close to business; most have real-world,
practical, hands-on experience of working
with and consulting for global organisations.
INSEAD is also one of the most prolific and
successful creators of business cases amongst
the global schools and recently swept the
board by winning seven out of nine awards for
case studies in the prestigious European Case
Clearing House awards.
Enriching the MBA programme
While teaching has always been, and remains
the number one priority for our faculty, we firmly
believe that teaching and research go hand-in-
hand. That is why all INSEAD faculty both teach
and conduct research. Global business practices
are in a constant state of flux and research allows
our faculty and students to be at the vanguard
of business management practices. Faculty
research greatly enhances the INSEAD MBA
programme, enabling faculty to share the latest
business innovations with participants through
classroom debates and cases.

Examples of INSEAD faculty research that is
resetting the global business agenda include:
INSEAD Blue Ocean Strategy (BOS)
Created by INSEAD Professors W. Chan Kim
and Renée Mauborgne, Blue Ocean Strategy
focuses on making the competition irrelevant.
Based upon around 150 cases spanning 100
years and more than 30 industries, it highlights
‘Blue Ocean strategic moves’ such as Cirque
du Soleil and Yellow Tail wines. In addition
to retrospective case studies, it includes
theoretical approaches and practical tools
to create and capture ‘blue oceans’. Kim and
Mauborgne argue that tomorrow’s leading
companies will succeed not by battling
competitors, but by creating ‘blue oceans’
of uncontested market space ripe for
growth.‘Blue Ocean Strategy’ the book, has
sold more than two million copies and is being
published in a record-breaking 42 languages.
MBA Programme 2011 15
Social Innovation Centre
Social innovation at INSEAD is defined as
the introduction of new business models
and market based mechanisms that deliver
sustainable economic, environmental and
social prosperity and is taught at the INSEAD
Social Innovation Centre. This centre brings
together and enhances the academic expertise
of a diverse group of leading INSEAD research
teams in Corporate Social Responsibility and
Ethics, Healthcare Management, Humanitarian
Research, Social Entrepreneurship and
Sustainability.
Rudolf and Valeria Maag International
Centre for Entrepreneurship (Maag ICE)
INSEAD has the largest and one of the
most reputed entrepreneurship faculty in
the world. We offer the broadest range of
entrepreneurship courses, rigorous and
rich research on building ‘business in a
global world’ and have one of the strongest
entrepreneurship alumni networks in the world.
The Maag centre is the catalyst for innovations
at INSEAD in entrepreneurship teaching,
research and outreach. We also support the
INSEAD Social Entrepreneurship Initiative.
16 MBA Programme 2011

Key facts of 2010 classes

33 75
women on INSEAD MBA
programme in 2010
%
electives

990 students
+ 2 intakes a year

200 703
scholarship recipients average GMAT score
 MBA Programme 2011 17

10 29 month MBA

average age of participants

5.5 20
average years work experience English as a native language
%

Class diversity Asia /Asia Pacific Latin America

by nationality Benelux Middle East / Africa
Central / Nordic Countries
Eastern Europe North America
France Other Western Europe
Germany Southern Europe
India United Kingdom
18 MBA Programme 2011

Your career

Employment markets continued to be highly

Geographic location post graduation
impacted by the global recession in 2009.
Despite the challenges, 86% of INSEAD MBA Africa/Near/Middle East
Asia Pacific
graduates found employment within three
Central/Eastern Europe
months of graduation. Our international reach Latin America
continues to spread with graduates now joining North America
more than 370+ companies in 60 countries, our Northern Europe
highest number ever. 10 years ago, INSEAD Southern Europe
Western Europe
founded its Singapore campus, and our
development strategy in the region has
resulted in 22% of graduates taking jobs
in Asia Pacific.

44% of our graduates took industry positions

around the globe – with high numbers in the
consumer & luxury goods, healthcare and
high-tech/telecommunications industries. Sector split Consulting
Financial Services
Also for the first time, 4% of INSEAD MBA Advertising/Publishing
graduates took social impact positions Construction
immediately upon graduation, a testament Consumer & Luxury Goods
to the increasing opportunities for graduates Corporate Services
Energy & Petroleum
in the sector.
Healthcare
High-Tech /
Social media is playing an increasingly Telecommunications
important role in the job search, and we have Manufacturing
organised many practical sessions on using Media & Entertainment
Social Impact
social networks such as LinkedIn. Treks
Primary Industries
continued to provide a fantastic opportunity Transportation
for companies and participants to meet and Travel/Leisure Services
a wide range of sector treks were on offer
in 2009: investment banking, media and high-
tech, private equity, consumer & luxury goods,
real estate and energy. Further regional treks
took participants to Japan, Ghana, Korea, India,
Brazil and Switzerland.

“INSEAD’s work hard, play hard mentality enables
students to enjoy the perfect balance between
schoolwork, job search, club activities, social
events and traveling. The only thing you give up
is sleeping… It also facilitates an atmosphere
of cooperation rather than competition, which
is often prevalent in other business schools.
INSEADers are extremely driven and ambitious
individuals, yet they know how to have fun and
acknowledge that sometimes you do not need
to take yourself so seriously.
I really enjoyed the strong emphasis on
teamwork. Throughout my year at INSEAD I
participated in approximately 15 different work
groups, collaborating closely with more than 40
other students from a variety of backgrounds
and nationalities. What people often don’t
realise is that the staff population is equally
diverse, another factor which makes
the INSEAD learning experience so unique.”
Amir Segall
Class of July ’09
Israeli
Pre-INSEAD: Team Leader, Shaldor LTD, Israel
Post-INSEAD: Transversal Projects Manager,
Shiseido, France
MBA Programme 2011 19
“So much of the learning at INSEAD takes place
beyond the classroom, whether it is an elective
in the BRIC countries, or on a two-week long
real-time business simulation, or when we were
asked to implement what we have just learned
in class in the real world as we do in our
negotiations class. The other unique aspect
I found is the school’s geographical location –
with Europe and Southeast Asia at our doorstep,
we were so lucky to be exposed to so many new
cultures and traditions.
The key INSEAD takeaway for me is the sense of
confidence that I can achieve whatever I want to.
I now have an internationally recognised,
geographically mobile qualification that allows
me to pivot my career in almost any direction
I choose. I am only now realising how much more
I can do because of my INSEAD MBA! And with
access to the world-wide INSEAD network, of
which I am now a member, I am finding that it is
much easier to get advice from fellow alums, draw
on their experience, probe into new opportunities
and help push my career forward in ways that
I simply could not have done before.”
Rachna Chowla
Class of December ’09
British
Pre-INSEAD: General Practitioner, Medicine, UK
Post-INSEAD: Product Manager, Astra Zeneca, Italy
20 MBA Programme 2011
Life at
INSEAD
Life at INSEAD, whether inside or outside
of the classroom, is stimulating and intense.
Although the pace of the programme is fast
and participants have a schedule that is full with
classes, group work and personal study time, life
doesn’t stop when study is done for the day. Both
campuses have a strong work hard, play hard
ethic and participants indulge in a wide variety
of extracurricular and social activities.
Life on campus is rich and varied. You could
join one of the several career-oriented clubs
such as Consulting, Private Equity, Energy or
Women in Business, and network in a sector or
industry in which you plan to pursue your career.
If you have a talent for sports, perhaps you will
represent INSEAD in inter-school matches. MBA
participants also pursue an intense programme
of social and leisure activities off-campus.
However you decide to spend your time, most
likely, you will look back on your year at INSEAD
as the best year of your life.
Partners and families
INSEAD is a real melting pot of cultures and
languages so this is a great year for partners to
meet new people, to broaden their horizons and
even pick up a new language. With over 30%
of the MBA participants coming to INSEAD with
their partners, the partners have a very active life on
campus. The INSEAD community is extremely child-
friendly and both campuses offer play rooms for
the babies and toddlers who are an integral part
of the community.With a free run of the campuses,
the children and their parents contribute to making
the INSEAD experience an unforgettable one.
 MBA Programme 2011 21

“Bringing a newborn baby with me when

I began INSEAD’s programme was both
physically and mentally challenging. Looking
back, I do not feel that I would have survived
without the tremendous support that I
received both from my family and INSEAD’s
administration and the encouragement of my
classmates. It was also very helpful to have
an on-campus play room where I could feed
my son in comfort and meet with other MBA
students and partners who also had young
children. In fact, my son enjoyed his own ‘little
INSEAD’ experience by meeting and playing
with other babies from diverse backgrounds!”

Ayako Tokuyama
Class of July 2010
Japanese
22 MBA Programme 2011

Alumni network

19,000+
MBA Alumni

40,000+
INSEAD Alumni
 MBA Programme 2011 23

Our alumni live and work in over

160 countries across all continents.
The INSEAD Alumni Association
(IAA) brings together an active
network of 43 national associations.
The advice and encouragement
that flows between INSEAD alumni
is a very important tool in building
business throughout the world.

Fontainebleau
New York Caesarea, Israel
Abu Dhabi

Singapore

Key:

Campuses
Research Centre
Alumni Networks
(>100 Alumni)
Alumni Networks
(>10 Alumni)
Office

MBA alumni in 118 countries,

all alumni in 160+
24 MBA Programme 2011
Network
Two of the fifty
To celebrate INSEAD’s 50th Anniversary, during
2010 we honored the ‘50 alumni who changed
the world’. This diverse group of leaders from
around the world shared how their experience
at INSEAD impacted their career, what motivates
them to achieve success and why strong
leadership is essential in business today.
With over 20 years of investment and advisory
experience helping start-up businesses, Julie is the
founder and CEO of Ariadne Capital, managing
partner of the Ariadne Capital Entrepreneurs
(ACE) Fund, founder of Entrepreneur Country, co-
founder of First Tuesday, BBC Online Dragon’s Den
dragon and weekly columnist in London’s City A.M.
Born in the US, Julie was an English Literature major
and began her career in high-tech marketing
and spent the early days of her career working
in both Boston and Paris.
Julie admits that INSEAD was a ‘big awakening’
and it was here that she started to understand
where her strengths and weaknesses lay.
“INSEAD rounded out my skills and gave me
a great deal of confidence. Suddenly I was part
of a ‘pack’ of like-minded people who were
now all in my global network.”
“I look back on my decision to go to INSEAD
and see how it started this long journey of being
comfortable in the white spaces, building order
into chaos, working with imperfect information
and building relationships wherever I go. I was
brought up to not be a quitter. I have always
been a real fighter and have always lived by
the mantra, ‘never give up; never accept no
and never go away.’ ”
Julie’s passion and entrepreneurial flair
has earned her awards as Ernst & Young’s
‘Entrepreneur of the Year’, the World Economic
Forum’s ‘Global Leader of Tomorrow’ and a
place in the Wall Street Journal’s ‘Top 30
Most Influential Women in Europe.’
Julie Meyer, MBA ’97D
American
Founder and CEO, Ariadne Capital Ltd

“INSEAD was a great insight into excellent
teamwork and camaraderie and prepared
me for many real-life negotiations I would
encounter in my career.”
It was the diversity of the participants that struck
Alan when he arrived at INSEAD. “Their different
backgrounds and cultures and the way they looked
at problems from a different angle gave me a good
perspective of the different views to a problem. It
also provided me with a global network of contacts.”
Alan recalls the strategy games for Market Strategy
and International Finance as a particularly exciting
part of his time at INSEAD.“We used to take different
roles and work all weekend simulating our plans
and submitting our inputs on Sunday evenings”.
Alan went back to the Civil Service when he
completed his MBA and remained there for 24
years, holding senior appointments such as Deputy
Secretary of the Foreign Ministry and Permanent
Secretary of the Transport Ministry.
MBA Programme 2011 25
“The INSEAD experience gave me the confidence
to examine issues from an economic and business
perspective which helped me considerably
when I was appointed to the boards of several
government linked companies such like DBS Bank
(Development Bank of Singapore) and PSA
(Port of Singapore Authority).”
Alan’s experiences with these government
linked organisations helped his transition into
the commercial world in July 2002, when he was
appointed the Group President of Singapore
Press Holdings (SPH).
Alan Heng Loon Chan, MBA ’83D
Singaporean
CEO of Singapore Press Holdings
Chairman of the Corporate Governance
Council of Singapore
26 MBA Programme 2011
Financing
your MBA
Admission to INSEAD is based
on merit alone, and your financial
situation will not be taken into
account when your application
for admission is considered.
The MBA Financing office will
strive to guide you on how to
meet your financing needs for the
programme. Ultimately, our goal
is that no qualified candidates
walk away from INSEAD because
they cannot afford it.
There are a number of scholarships available
through INSEAD, amounting to €2.2 million
in 2010. In recent years, approximately 200
participants received these awards per year.
Scholarships are granted according to various
criteria; the two basic categories of scholarships
are need-based and merit-based. Scholarships
are very important to INSEAD as an institution as
they allow us to continue to enhance our diversity
and to enroll outstanding candidates from a
variety of backgrounds. Some examples are:
Women
Forté Foundation
The Forté Foundation’s mission is to substantially
grow the number of women business owners and
leaders by increasing the flow of women into key
educational gateways and business networks. As part
of its association with the Forté Foundation, INSEAD
awards two fellowships per year to outstanding
women admitted to the MBA programme.
Emerging Markets
Syngenta
Syngenta is particularly committed to the dynamic
emerging market regions. Therefore, Syngenta
scholarships are for future leaders from emerging
countries who require financial assistance.
Innovation
Eli Lilly and Company
The purpose of this scholarship is to encourage
international diversity and innovative thinking at
INSEAD. The Eli Lilly scholarships are awarded to
candidates from Africa, Asia, Central and Eastern
Europe, Middle East, Central and South America,
Turkey and Canada.
L’Oréal
L’Oréal funds scholarships with the explicit
purpose of fostering creativity, diversity and
an entrepreneurial spirit. Students of any
nationality who demonstrate these qualities
may apply for this award.
Academic Merit
Louis and Evelyn Franck Endowed Award
for Excellence
Based on the quality of admission applications
one award will be made per intake to one of the
most outstanding participants (as determined
by the school).
Entrepreneurship
Marguerre Endowed Scholarship(s)
for Entrepreneurial Talent
Alumnus Wolfgang Marguerre MBA ’72,
Chairman and Founder of Octopharma AG,
has endowed scholarships for candidates from
the new European Union countries and Russia
with proven entrepreneurial talent.

Scholarships
“I was admitted to the MBA programme at
the height of the current financial crisis, which
meant that my savings had taken a severe hit
and my startup company wasn’t in the best of
shape to say the least. The fact that I couldn’t
find a single source of MBA loans willing
to finance an Iraqi meant that a scholarship
was my only hope for funding. Consequently,
receiving the Theo Vermaelen Scholarship was
crucial for me to be able to attend INSEAD.
Furthermore, the fact that INSEAD has a
scholarship dedicated to Iraqis emphasised
the school’s commitment to international
diversity, and its desire to bring Iraqis into
this community, which I hugely appreciate.”
Faris Al-Rifai
Class of July 2010
Iraqi
INSEAD Theo Vermaelen Scholarship Recipient
MBA Programme 2011 27
“As an entrepreneur, I self-funded the cost of
the MBA. While I believe that the INSEAD tuition
is an excellent investment in my future, the
scholarship I received significantly cushioned
the financial burden. This is an important
consideration for students who plan to embark
on an entrepreneurial career after INSEAD.
Entrepreneurship tends to be a lower-paying
career track in the beginning compared to a
corporate career, so it is important not to have
too stringent obligations from student loans.
INSEAD’s generous scholarships help free
up funds that allow students to pursue their
ambitions and start out on their own.”
Kristina Vetter
Class of July 2010
German
INSEAD Admiral Scholarship Recipient
28 MBA Programme 2011

What should I
do now?
If you would like to come and meet us
Pursuing an MBA is a life changing decision
and we strongly encourage you to visit INSEAD
where you can attend an informal information
session and receive a tour of campus (most
Fridays from 2pm in Fontainebleau and
Mondays and Fridays from 2 pm in Singapore).
Whenever possible, visitors will then be invited
to attend an INSEAD class from 3:45pm to
5:15pm. You can learn more about our
on-campus visits at:
http://mba.insead.edu/campuses
For more information or to schedule a visit,
contact us at:
mba.info@insead.edu
You can also join us for in-house events which
take place throughout the year. Here you will
be able to participate in a master class led by
a faculty member and also learn more about
the programme from INSEAD marketing and
admission representatives and current students.
If you wish to attend an in-house event, you can
register on-line at:
http://mba.insead.edu/events/in_house.cfm
If you want to meet us close to you
If you want to apply
There are no hard and fast rules as to when is
the right time to apply. Some applicants apply
after five or more years of work experience,
whilst others after just two years of experience.
In general, applicants will have demonstrated
solid achievements and dynamic career
progression. Ultimately, you will know when
you are ready to take this next step in your
professional and personal development.
INSEAD admits two classes per year, each
comprising nearly 500 students; around 300
participants start on the Europe campus in
Fontainebleau, France, and 200 participants
start on the Asia campus in Singapore.
The application to join the INSEAD MBA
programme can be found online at:
http://mba.insead.edu/admissions/apply_
online.cfm
Admissions criteria
Academic capacity
Ability to contribute
International
motivation
Leadership potential

If you can’t come to us, we’ll come to you.

Throughout the year, we host and attend
MBA events worldwide. Join us at one of these
events to learn more about the INSEAD MBA
programme and admissions process, and to
meet INSEAD alumni. Learn more at:
http://mba.insead.edu/form/mba_events.cfm

Frequently
asked questions
What are the application deadlines?
We operate a staged admissions process
involving three rounds for both the September
and January intakes. You may apply at any
round, depending on when you have your
complete application pack ready. While
competition for each round is relatively equal,
the earlier you gain admission, the more time
you have to secure financing and arrange
logistics related to the programme. Whenever
you apply, please make sure that you submit
a complete well-prepared application pack,
including all supporting documents by
the deadline.
Deadlines
September 2011 intake
(Class of July 2012)
1st round: 29 September 2010
2nd round: 01 December 2010
3rd round: 09 March 2011 importance of an international outlook.
January 2012 intake
(Class of December 2012)
1st round: 30 March 2011
2nd round: 15 June 2011 Tuition fees for the September 2010 and
3rd round: 03 August 2011
MBA Programme 2011 29
What is the difference between the
September and January intakes?
Both the September and January intakes are
identical academically, although the January
intake includes an eight-week summer break,
giving you the option to pursue an internship.
What is the language policy?
English is the language of instruction at
INSEAD. You need to be fluent in English to
apply to the programme. If English is your
native language, you must provide proof of an
intermediate ability in another language prior
to commencing the programme. You must have
a basic knowledge of a third commercially
useful language in order to graduate from the
programme. For more information on the
language policy, visit:
http://mba.insead.edu/admissions/languages.cfm
Why does INSEAD have a language policy?
At INSEAD, we believe strongly in the
The ability to communicate in more than one
language will give you a competitive advantage
in the global marketplace and enable you
to work effectively across multiple cultures.
What are the tuition fees?
January 2011 entries amount to €52,000.
Do you have a non-discrimination policy?
INSEAD is committed to the value of diversity
as a source of learning and enrichment. In
keeping with this principle, INSEAD does not
discriminate against any person on the basis
of race, colour, gender, sexual orientation,
religion, age, national or ethnic origin, political
beliefs, marital status, or disability in the
admission to, treatment in, or employment
in its programmes and activities.
INSEAD Asia Campus
1 Ayer Rajah Avenue
Singapore 138676
Tel: +65 6799 5388
Fax: +65 6799 5399
Email: mba.info@insead.edu

INSEAD Europe Campus

Boulevard de Constance
77305 Fontainebleau Cedex, France
Tel: +33 (0)1 60 72 40 00
Fax: +33 (0)1 60 74 55 00
Email: mba.info@insead.edu

INSEAD Abu Dhabi Campus

Muroor Road - Street No 4
P.O. Box 48049
Abu Dhabi, United Arab Emirates
Tel: +971 2 651 52 00
Fax: +971 2 443 94 61
Email: mba.info@insead.edu

www.insead.edu