INSEAD

Coordinates: 48°24′19″N 2°41′07″E / 48.4054°N 2.6853°E / 48.4054; 2.6853
Source: Wikipedia, the free encyclopedia.

INSEAD
Institut européen d'administration des affaires
MottoThe Business School for the World
TypeGrande école de commerce et de management
(private research university business school)
Established1957; 67 years ago (1957)
Academic affiliations
Sorbonne University, Conférence des Grandes Écoles
Endowment€370 million[1]
ChairmanKristin Skogen Lund[2]
DeanFrancisco Veloso[3]
Academic staff
250+
98% PhD.;[4]
22% female;[4]
91% international[4]
Students~1,540
(~1,000 in MBA)
(~300 in EMBA)
(~202 in MIM)
(~50 in MFin)
(~86 in Ph.D.)
Location
Fontainebleau
Singapore
Abu Dhabi
San Francisco
LanguageEnglish
Websiteinsead.edu

INSEAD (/ɪnsiːæd/ IN-see-ad),[5] a contraction of "Institut Européen d'Administration des Affaires" (lit. 'European Institute of Business Administration'),[6] is a non-profit graduate business school that maintains campuses in France (Europe Campus), Singapore (Asia Campus), and the United Arab Emirates (Middle East Campus). INSEAD is associated with Sorbonne University and The Wharton School.

History

The Château de Fontainebleau

Georges Doriot was a French-American venture capitalist and a professor at Harvard Business School who founded the American Research and Development Corporation (ARDC) in 1946, one of the first publicly owned venture capital firms.[7] Doriot’s career was also shaped by his service as a General in the US Army during World War II, where he led the Military Planning Division.[8]

After the war, Doriot planned a business school that would unite leaders from different countries, including the formerly hostile, to rebuild economies and promote peace. This included citizenship limits and language of instruction to be interchangeably in either French, English or German to ensure cross-culture collaboration.[9] By the 21st century, however, all classes were being taught in English.[10]

In 1955, Doriot presented this idea to the Paris Chamber of Commerce, whose presidents, Jean Marcou and Philippe Dennis, funded the venture and became first presidents of the school. U.S. President Dwight D. Eisenhower also supported INSEAD.[11]

Doriot selected Claude Janssen and Olivier Giscard d'Estaing, his former students at Harvard, as his co-founders. Janssen, well-connected in European business circles, had experience in finance, while Giscard d'Estaing, younger brother of the future French president, Valéry Giscard d'Estaing, brought a political network, securing support from influential figures in France and abroad.[12]

INSEAD was established in 1957 and initially operated out of the Château de Fontainebleau, before relocating to its current Europe Campus in 1967.[13] The first MBA class began on 12 September 1959, with 57 students.

Campuses

The original campus (the Europe Campus) is located in Fontainebleau, near Paris, France. The second campus (the Asia Campus) is in the one-north district of the city-state of Singapore. The third campus (the Middle East Campus) is located in Abu Dhabi. A San Francisco campus was opened in 2020, and followed the US business school method.[14]

Grande école system

INSEAD is a grande école, a French institution of higher education that is separate from, but parallel and connected to the main framework of the French public university system. Similar to the Ivy League in the United States, Oxbridge in the UK, and the C9 League in China, grandes écoles are academic institutions that admit students through a competitive process.[15][16][17]

Degree programmes

Specialised Master's degree programs are offered in Management,[18] an MBA program,[19] Master in Change,[20] Master in Finance,[21] and a Phd program.[22]

Rankings and reputation

QS World Universities Rankings has been ranking INSEAD #2 globally in the Subject Ranking for Business and Management since 2018, behind Harvard University.[23]

Alumni

Main article: List of INSEAD alumni

The INSEAD alumni community consists of 68,861 individuals across 179 countries with 171 nationalities.[24]

Partnerships and alliances

INSEAD is in alliance with several academic and business partners.[25][26]

See also

References

  1. ^ "Finances & Endowment | INSEAD Annual Report – 2022". annual-report.insead.edu. Archived from the original on 22 July 2019. Retrieved 22 July 2019.
  2. ^ Singh, Smita. "Kristin Skogen Lund Appointed Chairperson of INSEAD Board of Directors". HR Today. Retrieved 18 October 2024.
  3. ^ "INSEAD Has A New Dean From Imperial College Business School". Poets and Quants. 4 April 2023. Archived from the original on 1 September 2023. Retrieved 1 September 2023.
  4. ^ a b c "Insead". Financial Times. Archived from the original on 23 January 2022. Retrieved 23 January 2022.
  5. ^ Patil, Pratyush. "How to pronounce INSEAD?". INSEAD. Archived from the original on 23 April 2024. Retrieved 23 April 2024.
  6. ^ "INSEAD Definition". Investopedia. Archived from the original on 14 April 2021. Retrieved 13 April 2021.
  7. ^ "Who Made America? | Innovators | Georges Doriot". pbs.org. Archived from the original on 8 December 2012. Retrieved 30 January 2018.
  8. ^ "Five Degrees of Doriot". Harvard Business School. December 2014.
  9. ^ Gupta, Udayan (2004). The First Venture Capitalists: Georges Doriot on Leadership, Capital, and Business Organization (1st ed.). Canada: Gondolier (published April 2004). p. 125. ISBN 9781896209937.
  10. ^ Schmitt, Jeff (28 February 2023). "Meet INSEAD's MBA Class Of 2023". Poets&Quants. Archived from the original on 19 August 2024. Retrieved 19 August 2024.
  11. ^ "A brief history of INSEAD: Dean Mihov reflects on the school's first 60 years". INSEAD. Retrieved 19 August 2024.
  12. ^ Bygrave, William D.; Timmons, Jeffry A. (1992). Venture capital at the crossroads. Boston, Mass: Harvard Business School Press. ISBN 978-0-87584-304-9.
  13. ^ "Our History". INSEAD. Archived from the original on 18 May 2014. Retrieved 19 May 2014.
  14. ^ Kaplan, Andreas (2018). "Andreas Kaplan, 2018, A school is "a building that has four walls…with tomorrow inside": Toward the reinvention of the business school, Business Horizons". Business Horizons. 61 (4): 599–608. doi:10.1016/j.bushor.2018.03.010. S2CID 158794290.
  15. ^ "France's educational elite". Daily Telegraph. 17 November 2003. Archived from the original on 27 July 2018. Retrieved 5 February 2019.
  16. ^ Pierre Bourdieu (1998). The State Nobility: Elite Schools in the Field of Power. Stanford UP. pp. 133–35. ISBN 9780804733465. Archived from the original on 28 September 2023. Retrieved 27 January 2022.
  17. ^ "What are Grandes Ecoles Institutes in France?". 19 April 2019. Archived from the original on 28 December 2022. Retrieved 27 January 2022.
  18. ^ "QS Business Masters Rankings: Management 2022". QS. Archived from the original on 3 December 2021. Retrieved 3 December 2021.
  19. ^ "MBA Programme – Campus Exchange". insead.edu/. 4 November 2014. Archived from the original on 31 March 2016. Retrieved 23 January 2015.
  20. ^ "Executive Master in Change". Archived from the original on 24 March 2016. Retrieved 15 June 2022.
  21. ^ "The INSEAD MFin – Preparing Financial Leaders". 14 July 2022. Archived from the original on 24 January 2024. Retrieved 24 January 2024.
  22. ^ "INSEAD PhD in Management Overview". Archived from the original on 5 March 2016. Retrieved 31 March 2014.
  23. ^ "INSEAD". Top Universities. Retrieved 8 September 2024.
  24. ^ "INSEAD Alumni Community". insead.edu. Archived from the original on 10 March 2022. Retrieved 8 March 2022.
  25. ^ "Schools Participating in Full-Time Exchange". Kellogg Northwestern. Retrieved 14 December 2019.
  26. ^ "STRATER: RegroupementsIle-de-France" (PDF). enseignementsup-recherche. June 2018. Retrieved 3 October 2024.

48°24′19″N 2°41′07″E / 48.4054°N 2.6853°E / 48.4054; 2.6853

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