Ranked #2 among the top B-schools worldwide by QS, Institut Européen d'Administration des Affaires or INSEAD has a truly global presence with international campuses in Singapore, Abu Dhabi, and San Francisco. The renowned business school is home to over 1300 students and from 90+ diverse countries. Presently, the university offers 7 master’s , PhD and executive programs in the field of business and management.
Admissions at INSEAD are administered internally and the applicants are required to apply directly to the university. The renowned university evaluates the candidates on the basis of their academic excellence, international motivation and leadership skills. In addition to that, to get accepted in the INSEAD MBA program, it is mandatory for the students to submit their GMAT/GRE scores, strong references and personal statement.
INSEAD Paris has gained a world class reputation for its exceptional placement records. In the year 2020, over 89% of the INSEAD graduates have received job offers within three months after graduation. Top recruiting companies like McKinsey and Co, Boston consulting group, Amazon, Accenture, Roland Berger, Deloitte, Google, Apple have recruited INSEAD graduates at an attractive starting salary of 115646 EUR.
INSEAD Rankings
INSEAD has constantly been ranked as the best business school across the world by several popular ranking surveys. It has even surpassed Harvard Business School in some rankings, especially for the 1 year MBA structure and international exposure that it provides. Some of the most prestigious rankings accomplished by INSEAD for the year 2020-21 are:
- #2 in QS WUR ranking in Business and management studies, #5 in EMBA rankings- Europe and #7 in EMBA rankings-global by QS Top Universities.
- #29 in Best Global Universities in France as per US News and World Report.
- #126-150th in World Reputation Rankings by Times Higher Education.
- #6 as per ShanghaiRanking.
- ‘the best international one year MBA program’ by Forbes.
- #116 by CWUR World University Rankings.
Based on subject wise rankings, Insead was ranked at #36 in Economics and Business by US News and World Report. Business Because placed Insead at #1 in 10 of the best one year MBA programs in Europe’ and #6 in 15 Best Business Schools for International Students.
INSEAD Highlights
| Type of university | Private |
| Establishment year | 1957 |
| Faculty members in MBA program | 145 |
| Intake season | Multiple intakes |
| English proficiency score | IELTS, TOEFL, PTE. |
| Financial aid | scholarships |
| GRE | 80% |
| GMAT range | 70-75 percentile |
| Nationalities represented | 90+ |
| Employment rate | 92% |
| Website | https://www.insead.edu/ |
INSEAD Programs
INSEAD offers a diversity of programs mostly focused around business and management for incoming students.
- The institute offers 7 master’s, PhD and several executive programs.
- The university is recognised worldwide for its 1 year MBA program that prepares the students for an early degree and covers all the necessary topics required for graduation.
- Executive MBA and Master in Finance are the next best known programs. About 90% of the students in these programs are from diverse nationalities.
The popular programs taught at Insead and their annual tuition fees/fees for the entire duration of the program are:
| Programs | Annual fees in EUR |
|---|---|
| MBA | 89,000 |
| Financing-MIM | 49,000 |
| Executive master in Finance | 80,000 |
| Global executive MBA | 65,500 |
| Advanced management program | 31,200 |
| Finance for executives | 10,360 |
| Leading digital marketing strategy | 7,720 |
| Business foundation certificate | 15,900 |
| High impact leadership program | 7,600 |
| Social Entrepreneurship program | 4,900 |
INSEAD Campus and Accomodation
INSEAD has a worldwide presence across different continents including Europe, Asia, Middle East and North America. The INSEAD Europe Campus is located on the edge of the forest of Fontainebleau.
- The vibrant campus consists of 29 lecture theatres, two restaurants, a bar, a bookshop, extensive library services and a fully equipped gym.
- The first buildings in the campus were often regarded as Europe’s most advanced educational buildings.
- The Georges and Edna Doriot Research & Learning Hub helps students get access to books, journals and Ebooks about business and other related subjects, thus contributing to the research section of the institute.
- Insead has 42 student clubs and over 53% of the students are managing the clubs by engaging in commendable leadership.
Accommodation at INSEAD Paris
Insead France campus housing accommodation for both short and long term stay.
- For the short term, there are three hotels situated in and around campus and are dedicated to participants in programs of short duration, seminars, conferences or contests.
- For long term stays, candidates have access to housing inside and outside the location of the campus. Studios, flats, houses, apartments, chateaus can be rented by one person or shared accordingly.
- Local housing agencies like ACM Meuble Company and Bonapart offer accommodation at affordable rates.
- The insurance covers any maintenance cost, repairing, cleaning, taxes etc.
- MBA Housing, another well known housing portal manages 300+ properties with 130 properties reserved only for Insead students.
- The Chateau de Fleury is 12 minutes away from campus and provides 14 renovated apartments with a private bathroom and kitchen.
The monthly housing rates at INSEAD partner accommodation portals can be summed up as follows:
| Housing portal | Housing rates per month |
|---|---|
| Bonapart | 990 euros |
| ACM Meuble Company | 1090-1290 euros |
| The Virtual Campus by City Junction | 560-800 euros |
| MBA Housing | 620-994 euros |
| Château de Fleury | 1145-1195 euros |
| Patchwork | 1000 euros |
On an average, the yearly expenses on accommodation are 10,000 euros and on meals are 6,500 euros. Therefore the total yearly living expenses are 16,500 euros.
INSEAD Admission Process
INSEAD Paris requires all the necessary academic transcripts, english language proficiency test scores and other necessary documentation from international students. An international student should keep the following in mind while applying:
- Application portal- MBA application portal, MIM application portal and portals for students interested in other programs through their official website.
- Application fee- 250 EUR
INSEAD MBA Admission Requirements
Most students get enrolled with the 1 year MBA program. The following documents are needed for admission:
- Bachelor’s degree from an accredited institution.
- Official transcripts from secondary and higher secondary education institutes, translated in either English or French.
- Financial certificates in the form of bank statements or affidavit of support by sponsor.
- GRE/GMAT scores
- Two professional recommendation letters
- CV/Resume.
- Video interview.
- Photograph of size 200x200 to be uploaded online.
- 3 Motivation essays, 1 extra is optional.
- Statement of Purpose is optional.
- English proficiency test scores. There are no minimum required scores but the scores mentioned below are recommended.
INSEAD Cost of Attendance
The living costs for students depend majorly on their course, lifestyle expenses and scholarships or sponsorships. However, since most students enroll with MBA and plan their budget accordingly before arriving at the institute, the rough estimation of expenses to study in France are given below:
| Type of expense | Cost per year in EUR |
|---|---|
| Tuition | 89,000 |
| Accomodation | 10,000 |
| Books | 300 |
| Field trips | 2,000 |
| Local transport | 660 |
| Meals | 6,500 |
| Miscellaneous | 1,500 |
| Telephone | 400 |
| Travel for Exchange and Job search | 2,000 |
| Total average expense | 112,360 |
INSEAD Paris Scholarships
Insead provides two types of financial aids: merit based and need based to incoming students.
- Diversity and Achievement scholarships are the most sought out sources of financial assistance and require no separate application.
- Students are considered for a scholarship as soon as they apply for the program.
- There are over 100 scholarships available for MBA applicants and over 5.7 million EUR are given as a form of financial aid to students every year.
- About 30% of the students avail scholarships and the average amount is 18,700 euros.
Some of the scholarships available for MBA students are:
| Name of the scholarship | Eligibility | Amount awarded in EUR |
|---|---|---|
| IAA Endowed Scholarship | Diversity, along with financial need. | 15,000-25,000 |
| IAF Scholarship for women | Women with noticeable academic merit and financial neediness. | 15,000-25,000 |
| IAF Diversity Scholarships | Students who are from developing countries. | 10,000-18,000 |
| Insead Christina Law Endowed Scholarship for Asian women | Asian women. | 8,000-12,000 |
| Insead Christoph Rubeli Endowed MBA Scholarship | Students displaying strong merit and external achievements. | Upto 20,000 |
INSEAD Paris Alumni
Insead has more than 50,000 alumni all over the world spread across 150+ countries.
- There are several benefits someone can enjoy even after getting their degree from Insead. The current students can gain perspective and knowledge from the alumni and even get opportunities for employment in several businesses owned by them.
- The alumni get access to the Business Source Alumni library of more than 1,450 business based magazines and journals.
A few notable Alumni of the institution are:
- Tidjane Thiam- Former CEO of Swiss Bank
- Henry Engelhardt- Former chief executive of Admiral Group
- Johan Schneider Ammann- Former Member of Swiss Federal Council
- Meera Sanyal- Former CEO Royal Bank of Scotland in India
- Antonio Horta Osorio- CEO of Lloyds Banking Group
INSEAD Paris Placements
About 91% of students from INSEAD find employment after the completion of their degree within 3 months. Since Insead is internationally connected, students get a lot of global exposure and end up with the opportunity of working in multiple countries. The top companies hiring Insead students are Amazon, Johnson and Johnson, Microsoft, Siemens, Admiral Group, Wipro, etc.
According to 2021 placement statistics ,the top degrees along with their average salaries are tabulated below.
| Degree | Average salary in EUR |
|---|---|
| Masters in Finance | 206936.60 |
| Executive MBA | 132372.40 |
| Executive Masters | 126507.80 |
| MBA | 122318.80 |
| Masters in Management | 115616.40 |
INSEAD, has gained its reputation as the highest rated business school in the world, and the intercultural bonding between students from various countries can be termed as the icing on the cake. INSEAD with its extensive academic structure, prominent campus facilities and foreign interaction prepares the candidates for future prospects that require both merit and communication skills.
FAQ
Ques. What are the prospects of Indian students after graduating from INSEAD?
Ans. If you plan to work abroad, INSEAD is the place to be. It's a great school and internationally renowned. Students from good European schools tend to find good jobs in Dubai, APAC and South America (if you are ready to learn the language).
Ques. How does an MBA degree from INSEAD compare with a degree from a top US school such as Wharton or Stanford GSB?
Ans. INSEAD easily competes with HBS, Wharton and Stanford in both Consulting and Finance in terms of work placement. As a matter of fact, INSEAD is also very well known for placing students in the top companies in the Finance industry.
Ques. What’s the GMAT score for INSEAD?
Ans. INSEAD has a top level one-year MBA program. It is probably the best if only executive MBAs are ranked globally. This means it has quite an appeal amongst the MBA applicant pool.This hikes up the GMAT range of the business school to 670-750. Now we can safely assume scoring high, i.e. more than 700 and even possibly 750 would be the best score range. However, since it is an EMBA, work experience would matter more to the admission committees.
Ques. How many years of work experience are required to get admitted into the MBA program at Insead?
Ans. INSEAD does not have an absolute requirement for years of work experience, although at least two years is strongly encouraged. Participants in the current class have an average of 5.5 years work experience, with the range being between two and ten.
Ques. What is the admission acceptance rate at Insead?
Ans. INSEAD is unique in the 3 language requirement and one year programme. The admission rate is roughly 30-31% of the total number of applications.
