International Institute for Management Development

IMD business school is located in Lausanne, Switzerland. It consistently ranks at the top compared to other business schools worldwide. In 2012 and 2013, it was ranked first in open programs worldwide by the Financial Times. Its MBA program is ranked among the top tier programs in the world. Education IMD has two main educational offerings:

Degree programs: the MBA and the EMBA programs Executive education: open enrollment and company custom programs The Degree programs have Triple accreditation by AACSB,[3] AMBA,[4] and EFMD(EQUIS).[5]

MBA program The school's MBA program is a one-year full-time program, it is very intense and the school claims to cover as much learning hours as other traditional two-year programs. The program runs from January through December with a short summer break. The school deliberately keeps the number of participants small, admitting no more than 90 students. Each class includes participants from multiple countries. The MBA program focuses strongly on personal development, leadership and general management instead of functional expertise, and as a result, the majority (70%) of the graduates typically get positions within the industrial rather than the financial sector, unlike other major schools.[6] The average salaries for the IMD MBA graduates are among the highest in the world and based on the latest report, the average salary is around $142,000 a year.[7] Admission to the MBA program requires a Bachelors degree or equivalent from an accredited institution, GMAT and a minimum three years full-time work experience, as well as strong command of written and spoken English and one language in addition to English. EMBA program The curriculum of the EMBA is different from the MBA because it targets experienced managers who are at a different point in their careers. It has a strong focus on leadership skills, integrated business themes and on the immediate practical application of the subject matter. The 65 selected candidates have an average age of 39 and according to the Financial Times are the most experienced group of EMBAs in the world. The IMD EMBA is ranked 5th in the world for General Management by the Financial Times. Executive education Executive education is a fundamental part of the school activities.[1] IMD's industrial heritage has led to this strong focus of developing programs with and for its corporate partners. Half of the school's revenue is generated by company specific programs and 45% by open enrollment programs. IMD also has an alliance with the MIT Sloan School of Management. The two schools offer jointly-developed programs at both their campuses.[8]
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