The INSEAD MBA program is famous worldwide for its diverse, challenging, and innovative curriculum. With campuses in France, Singapore, and Abu Dhabi, INSEAD provides a unique multicultural environment that draws students from all corners of the globe. This guide will explore the key aspects of the INSEAD MBA program, including its structure, admission requirements, and the benefits it offers to students.
INSEAD MBA Quick Facts
These are some of the most important considerations about the INSEAD MBA program that one must prioritize when targeting INSEAD as their dream program.
| Category | Details |
| Program Duration | 10 months |
| Tuition Fee | €89,000 |
| Average GMAT Score | 710 |
| Average Work Experience | 6 years |
| Employment Rate Post-Graduation | 90%+ |
| Average Salary Post-Graduation | $105,000 |
| Number of Nationalities | 90+ |
| Alumni Network | 60,000+ members in 175 countries |
INSEAD MBA Class Profile of Insead MBA
The INSEAD MBA class profile is renowned for its exceptional diversity and academic excellence, attracting over 1000 students from more than 75 countries annually.
The average GMAT score for the cohort is 700, with an average of six years of work experience and an average age of 29. The program’s students come from a variety of pre-MBA industries, with management consulting (37%) and financial services (23%) being the most common. Geographically, Northern/Western Europe (36%) and Asia Pacific (22%) are the most represented regions. With 38% of the class being women, INSEAD’s commitment to gender diversity is evident.
As a prospective student, it’s crucial to consider factors such as the program’s diverse international student body, the professional backgrounds and experiences of classmates, the global reach of the network, and the opportunities for cross-cultural learning and collaboration.
INSEAD MBA: Eligibility and Requirements
INSEAD offers a prestigious MBA program aimed at future global business leaders. To apply, you need to meet specific criteria:
- Online Application: Complete the application form.
- Supporting Documents: Include a resume, essays, and references.
- Official Transcripts: Provide academic records.
- Admission Video Interview: Participate in an interview.
- Language Requirements: Prove proficiency in English and a second language.
- Application Fee: Pay £250.
For detailed eligibility, check the INSEAD Admission Requirements.
INSEAD MBA Program Structure
Core Courses
The core courses in the INSEAD MBA program provide a solid foundation in business management. These courses cover essential topics such as finance, marketing, operations, and strategy.
Elective Courses
Besides the core courses, INSEAD offers many elective courses. These electives let students customize their education to match their career goals and interests. Popular electives include
- Entrepreneurship
- Digital transformation
- Global strategy
INSEAD MBA Fees and Living Expenses
The INSEAD MBA program, one of the world’s top business schools, charges €99,500 for the August 2024 intake. This fee includes access to the INSEAD library, IT services, printed materials, language tuition, student council fees, gym access, business cards, printing, and health insurance. However, it doesn’t cover living expenses such as accommodation, food, and travel.
Living expenses vary depending on the location and lifestyle. For example, accommodation costs about €11,000 in Fontainebleau and €17,000 in Singapore. Other expenses include meals (€6,000 in Fontainebleau, €6,700 in Singapore), local transport (€730 in Fontainebleau, €1,000 in Singapore), and miscellaneous costs like books and relocation expenses (€1,600).
INSEAD offers over 150 scholarships, including need-based, merit-based, and spot scholarships, to help ease the financial burden. Additionally, part-time job opportunities in France and Singapore, such as tutoring, hospitality, and retail, can help students manage their expenses. These part-time roles can earn students between €9-€50 per hour, helping reduce the overall cost of the MBA program.
Core Courses and Scholarships
The INSEAD MBA core courses cover essential business topics like finance, marketing, operations, and strategy, providing a solid foundation in business management. INSEAD offers various scholarships to attract talented individuals, regardless of their background or financial situation. The school has significantly increased its scholarship funds over the past three years, allowing for higher grants to more participants.
| Scholarship Name | Amount | Eligibility |
| Claude and Tuulikki Janssen Scholarship | €30,000 | Students from developing countries |
| Rémy and Verena Best Scholarship | €40,000 | Students with limited financial means |
| Financial Aid Application | €10,000 to €30,000 | Need and merit-based applicants |
| Michael and Susan Pragnell Scholarship | €20,000 | Outstanding individuals |
| IAF Diversity Scholarship(s) | €10,000 to €18,000 | Diverse candidates from developing countries |
| IAA Endowed Scholarship Fund | Up to €25,000 | Financial need applicants |
| Hoffmann Institute Impact Internship Stipend | €1,500/month | Social/environmental impact internships |
| Climate Change Scholarship | €20,000 | Students addressing climate change |
Why Choose INSEAD MBA?
Diverse and Inclusive Environment
INSEAD’s campuses in Europe, Asia, and the Middle East attract students from over 90 countries, creating a rich, global learning experience.
Intensive Curriculum
The INSEAD MBA is famous for its challenging and quick-paced curriculum. You can finish the program in just 10 months, making it one of the most intensive MBAs out there. Even though it’s short, the curriculum covers all the important areas of business management.
Strong Alumni Network
INSEAD has a strong alumni network with over 60,000 members in 175 countries. This large network helps current students and graduates by providing many chances to connect with others and advance their careers.
Conclusion
Ultimately, the INSEAD MBA program stands out as a premier choice for aspiring business leaders who seek a comprehensive and international education. The program’s integration of demanding academics, a culturally rich environment, and experiential learning prepares graduates to excel in global business landscapes. With a robust alumni network and exceptional career prospects, INSEAD equips students with the skills and connections needed to thrive in their careers. Choosing the INSEAD MBA means joining a community committed to excellence and innovation, making it a pivotal step towards achieving your professional goals. The journey through INSEAD is not just about earning a degree, but about transforming your career and expanding your global impact.
