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Calling all INSEAD Applicants (Sept 2016 Intake) Class of July 2017!!

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Re: Calling all INSEAD Applicants (Sept 2016 Intake) Class of July 2017!!  [#permalink]

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New post 07 Feb 2016, 08:47
Congrats Guys!! As per forum stats 4 applicants got invites so far: 32 are still waiting. I think it's early to conclude that the game for rest of the applicants is over. Official interview invitation date is February 12, so it's very likely that more invites will go from Monday through Thursday. Last year final interview invite reported on forum was on February 14th, so let's hope for the best. Good luck to all!





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Re: Calling all INSEAD Applicants (Sept 2016 Intake) Class of July 2017!!  [#permalink]

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New post 07 Feb 2016, 09:02
From Fortuna Admissions Blog http://gmatclub.com/blog/2016/01/why-in ... ally-come/

Quote:
Why INSEAD’s Time Has Finally Come

INSEAD’s number one spot in the Financial Times’ ranking has been a long time coming. In the 18 years that this ranking has been published, the top spot has been held only by Harvard, Stanford, Wharton and London Business School. As INSEAD’s Director of Admissions, Marketing and External Relations from 2005 to 2012, I remember long hours of laboring over data collection for MBA rankings submissions for publications such as the FT, and sweating it out as we waited for the results. I have to say that I leapt out of my chair in delight when I heard the result this year.

So what is INSEAD doing so well?

Academic excellence

INSEAD has succeeded in attracting many of the world’s best and brightest faculty and has ramped up investment in research. Faculty are drawn to the stimulating environment of such a diverse community. Professors also talk about the breadth of perspectives they encounter in the INSEAD classroom, which sparks a richer discussion than they have found elsewhere. Professor Randel Carlock says: “I enjoy teaching at INSEAD because it truly is a global experience. And I get to lead innovative classes with some of the brightest MBA students in the world.” His perspective is echoed by the school’s dean, Ilian Mihov, who comments that “the diversity in the INSEAD classroom is unparalleled and this fact alone creates a magical environment.” Assistant Dean Graham Hastie also notes “We are very proud of the fact that our faculty research is so highly ranked and that more of our PhD graduates find faculty positions at top schools than those of any other program.”

A truly international school

INSEAD clearly benefits from the emphasis on international dimensions in the FT ranking. INSEAD was in fact the first school to recognize the importance of a truly international perspective for business leaders, and this internationalism has been a fundamental part of the school’s DNA since its inception.

The school has constantly pushed the boundaries of what it means to be international, in its quest to train business leaders who excel at working across cultures. “The Business School for the World” has long boasted the most internationally diverse program, with students from over 80 countries, and no dominant nationality in the classroom. The geographic expansion of the school, with the Singapore campus (now in its 17th year) and the Abu Dhabi campus (now in its 7th year) has further reinforced the international visibility of the school and its ability to attract candidates and recruiters from all parts of the globe.

A springboard for an international career

The FT 2016 ranking shows that the 1-year MBA can deliver the sort of earnings power and salary increase to compete with the very best 2-year programs. The school has progressively increased investment in the past few years in the careers team (from 30 to 40 staff since 2014) and has attracted alumni donations for state-of-the-art video conferencing interview suites on the 3 campuses. The INSEAD careers team has a huge challenge, given the 1-year format, and the geographic diversity and sheer size of the 1020 strong student body. You might think it would be hard to achieve a dramatic career change during a 1-year program, however 84% of INSEAD students change sector, function or country, and an impressive 25% switch on all three dimensions. The school has built relationships with a huge roster of regular recruiters from across the globe, and last year graduates took positions with 440 different organizations in 64 countries. Recruiters are also increasingly seeking the international mindset and ability to work across cultures that is the very essence of an INSEAD MBA graduate. INSEAD now has the highest proportion of alumni at the top 20 most attractive employers (according to a Universum survey) of any school.

The global network effect

The school made a bold move in growing the student body to over 1000. The rationale behind the growth was that the school did not want to be a small, elite club for a few privileged westerners, but truly the “Business School for the World” – a transformative training ground for the next generation of business leaders from all continents. The size of the program is now paying dividends, as the school’s alumni network has grown to over 50,000 from 157 nationalities, living in 174 countries. In 2005, McKinsey noted that there were 23 countries in which more than 100 INSEAD MBA alumni lived and worked; its closest competitor at the time, HBS, had such alumni presence in just 12. Since then, the breadth and depth of INSEAD’s network has grown dramatically, and INSEAD today can point to 45 countries in which it has more than 100 alumni. This network is an immense asset in creating a positive cycle of attracting more great MBA applicants and recruiters, as well as being a tremendous resource for the alumni as they progress in their careers.

The killer ROI of the one-year program

INSEAD invented the one-year MBA format over 50 years ago, and this has proven to be a highly successful model. Students appreciate the opportunity to gain their MBA degree (in which they cover 80% of the material you would cover in a top two-year program) in half the time, meaning a much lower overall cost and less foregone salary. The Forbes MBA ranking shows the program has the highest five-year ROI of any school in the world. Recruiters also comment that the intensity of the INSEAD program more closely mirrors the reality of professional life in a post MBA career, and better prepares students to hit the ground running when they start their new job.

INSEAD’s winning formula has firmly cemented its position among the world’s leading business schools. In the last four years at Fortuna Admissions we have certainly seen increasing volumes of applicants from the US and around the globe targeting INSEAD as their first choice, and the number one spot in the FT will likely drive more applications to the school. In the volatile world of MBA rankings, the school should enjoy this moment in the sun. And regardless of rankings, under the strong leadership of the school’s dynamic young Dean, Ilian Mihov, INSEAD promises to continue to go from strength to strength.

- See more at: http://gmatclub.com/blog/2016/01/why-in ... 81Zvj.dpuf

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Re: Calling all INSEAD Applicants (Sept 2016 Intake) Class of July 2017!!  [#permalink]

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New post 08 Feb 2016, 02:36
booyashaka wrote:
HYDRA wrote:
Any updates from Stefanie Hanny?


Same here. No news yet. Is it game over?


Anyone heard from Stefanie Hanny yet?

The delay is freaking me out.
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Re: Calling all INSEAD Applicants (Sept 2016 Intake) Class of July 2017!!  [#permalink]

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New post 08 Feb 2016, 04:01
HSidhu89 wrote:
booyashaka wrote:
HYDRA wrote:
Any updates from Stefanie Hanny?


Same here. No news yet. Is it game over?


Anyone heard from Stefanie Hanny yet?

The delay is freaking me out.


SH is my AO too. No news yet.
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Re: Calling all INSEAD Applicants (Sept 2016 Intake) Class of July 2017!!  [#permalink]

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New post 08 Feb 2016, 04:54
1
HSidhu89 wrote:
booyashaka wrote:
HYDRA wrote:
Any updates from Stefanie Hanny?


Same here. No news yet. Is it game over?


Anyone heard from Stefanie Hanny yet?

The delay is freaking me out.


As per the previous posts on this and last years forums, invites from SH tend to come nearer to the deadlines.... so fingers crossed everyone and all the best!!
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Re: Calling all INSEAD Applicants (Sept 2016 Intake) Class of July 2017!!  [#permalink]

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New post 08 Feb 2016, 04:58
xyeek wrote:
ubii88 wrote:

Thanks for sharing! From your information I can infer that although the payment was due in Jan 22nd, some candidates can still accept the offer a few days later? Interesting!


Yes it does seem that there is a little bit of leeway to confirm your acceptance and pay the deposit. The deposit is fairly substantial and there isn't a whole lot of time given to pay it really if you're from a country where average salary and cost of living is lower than the EU. As such, it makes sense that they be a bit flexible.

Looking at MBAConnect, there are 292 for the 17J class, which should be those who have accepted as INSEAD removes those who confirmed non-acceptance from the directory.


Could your provide MBAConnect numbers for Chinese and Indians. Thanks!
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Re: Calling all INSEAD Applicants (Sept 2016 Intake) Class of July 2017!!  [#permalink]

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New post 08 Feb 2016, 06:52
Did anyone hear from AO CT ?
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Re: Calling all INSEAD Applicants (Sept 2016 Intake) Class of July 2017!!  [#permalink]

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New post 08 Feb 2016, 10:08
1
Got off the round 2 wait list ........got the call today . Super excited ! Starting at Fonty campus !!
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Re: Calling all INSEAD Applicants (Sept 2016 Intake) Class of July 2017!!  [#permalink]

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New post 09 Feb 2016, 02:54
1
Rrhr123 wrote:
Got off the round 2 wait list ........got the call today . Super excited ! Starting at Fonty campus !!


Wow..Congrats!!
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Re: Calling all INSEAD Applicants (Sept 2016 Intake) Class of July 2017!!  [#permalink]

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New post 09 Feb 2016, 07:04
Dinged without interview. AO was AN but the mail was sent by VF.....

Good luck to all of you and if you need a good employee after your INSEAD graduation contact me :-D
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Re: Calling all INSEAD Applicants (Sept 2016 Intake) Class of July 2017!!  [#permalink]

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New post 09 Feb 2016, 07:14
Delgardo15 wrote:
Dinged without interview. AO was AN but the mail was sent by VF.....

Good luck to all of you and if you need a good employee after your INSEAD graduation contact me :-D


Oh man tough luck. All the best for the rest of your applications.
I guess I can expect a ding too.. Doesn't look too promising. Ah well =)
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Re: Calling all INSEAD Applicants (Sept 2016 Intake) Class of July 2017!!  [#permalink]

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New post 09 Feb 2016, 07:40
Quote:
Oh man tough luck. All the best for the rest of your applications.
I guess I can expect a ding too.. Doesn't look too promising. Ah well =)


Thanks man. It's okay. I have already one admission from another bs and still waiting for the interview result of 3 other bs.
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Re: Calling all INSEAD Applicants (Sept 2016 Intake) Class of July 2017!!  [#permalink]

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New post 09 Feb 2016, 20:33
1
HYDRA wrote:

Could your provide MBAConnect numbers for Chinese and Indians. Thanks!


There are 21 Chinese and 33 Indians on MBA Connect for Class of 17J.
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Re: Calling all INSEAD Applicants (Sept 2016 Intake) Class of July 2017!!  [#permalink]

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New post 09 Feb 2016, 20:43
ShephardCommander wrote:

Oh man tough luck. All the best for the rest of your applications.
I guess I can expect a ding too.. Doesn't look too promising. Ah well =)


The deadline for invites is still a couple days away so don't give up yet! If R1 is anything to go by, invites from SH's region normally come out pretty late. Hang in there :)
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Re: Calling all INSEAD Applicants (Sept 2016 Intake) Class of July 2017!!  [#permalink]

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New post 09 Feb 2016, 21:33
xyeek wrote:
ShephardCommander wrote:

Oh man tough luck. All the best for the rest of your applications.
I guess I can expect a ding too.. Doesn't look too promising. Ah well =)


The deadline for invites is still a couple days away so don't give up yet! If R1 is anything to go by, invites from SH's region normally come out pretty late. Hang in there :)


Wouldn't the e-mail come irrespective of an interview invite?

thanks,
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Re: Calling all INSEAD Applicants (Sept 2016 Intake) Class of July 2017!!  [#permalink]

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New post 09 Feb 2016, 21:46
Thrilled to have gotten the call from VF on 9 Feb (after being Waitlisted from R2) for a spot in Fonty this Sept as well!!

I'm wondering about 2 things though:

1) My dateline for a reply is this Friday 12 Feb but I would like to ask for an extension as my managers are all out of town this week and I would like to have a chat with them about this before giving a final, calculated decision. Would asking for an extension risk anything?

2) Would I still be qualified for the scholarships which I applied for in R2? Was really hoping to be one of the 20-25% who receive scholarship of some sort to help pull me through!

Barring an extraordinary circumstance, I'm definitely mostly likely going to accept but will be most grateful for any additional insights!

My profile just FYI:

Singaporean Female
GMAT: 690
6 years working experience in Consulting, Corporate Innovation, Health Tech

Thanks in advance from a very grateful person :)
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Echoes of Islamic Finance in Piketty, Porter, and Lagarde  [#permalink]

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New post 09 Feb 2016, 22:00
FROM Insead Admissions Blog: Echoes of Islamic Finance in Piketty, Porter, and Lagarde
For most people when hearing about Islamic finance for the first time, the new term usually begs the question, “What’s different about Islamic finance compared to regular finance?” I get asked this question quite often, and it’s difficult to know where to begin and how deeply to delve into the details. During our second week of P3 in Abu Dhabi, we had a guest lecturer from the Department of Economic Development for the Government of Dubai, Harun Kapetanovic, deliver a talk that I hoped would help me answer the question more succinctly. What I took away from Kapetanovic’s lecture, however, was not a concise encyclopedic way to explaining the characteristics that delineate Islamic finance from conventional finance. Rather, his talk offered a more compelling way to place Islamic finance in the context of the global financial system by showing how the principles that underpin Islamic finance have been echoed in other schools of economic thought.

For instance, Thomas Piketty, whose book, Capital in the Twenty-First Century, proposes an economic plan to reduce the widening inequality gap, supports a wealth tax. For those with wealth between €1m – €5m, Piketty proposes a 1% tax, and for those with > €5m, a 2% wealth tax.

Piketty’s tax echoes the practice of zakat, often translated as “alms,” which is one of the five pillars of Islam. Zakat is calculated as 2.5% of wealth that goes above one’s basic needs. Kapetanovic was careful to distinguish zakat from tax, pointing out that nobody is checking to make sure that you are paying your zakat annually. In the UAE, there is a national Zakat Fund, and while it is considered mandatory according to Shari’ah, it is paid voluntarily and not legally binding.

An Islamic financial system, in Kapetanovic’s words, should integrate social and economic objectives, and achieving a more equitable distribution of wealth is the principle one of the macro-objectives of zakat. The implication of such a system means that the wealthy classes cannot rest on their wealth. Simply to maintain their wealth, they must grow it by 2.5% every year without interest, which incentivizes them to circulate their wealth back into the economy through profitable, asset-backed investments.

Kapetanovic referred to other figures, such as Michael Porter and Christine Lagarde, who have made statements that align very closely with the principles of Islamic finance. Porter, for example, has highlighted the inherent interdependence of business and society, and decried the common approach to corporate social responsibility, which treats it as an afterthought that pits business and society against one another. Rather, he posits, social responsibility should be more central to corporate missions. This is also consistent with the principles of Islamic finance.

Christine Lagarde has recently stated that, “the international monetary system would benefit from a higher share of equity compared with debt flows,” which is an integral element of Islamic finance and one that shielded Islamic capital from the 2008 financial crisis.

When asked about the differences between Islamic and conventional finance, it’s tempting to simply explain how Islamic finance functions without interest, or what sukukare. To properly explain the philosophy of Islamic finance, however, Kapetanovic reminded us of the need to zoom out, see the greater picture, and consider the ability of Islamic economic theory to address some of our global economic woes.

 

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source: Vaibhav Arora
ForumBlogs - GMAT Club’s latest feature blends timely Blog entries with forum discussions. Now GMAT Club Forums incorporate all relevant information from Student, Admissions blogs, Twitter, and other sources in one place. You no longer have to check and follow dozens of blogs, just subscribe to the relevant topics and forums on GMAT club or follow the posters and you will get email notifications when something new is posted. Add your blog to the list! and be featured to over 300,000 unique monthly visitors
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Echoes of Islamic Finance in Piketty, Porter, and Lagarde  [#permalink]

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New post 09 Feb 2016, 22:01
FROM Insead Admissions Blog1: Echoes of Islamic Finance in Piketty, Porter, and Lagarde
For most people when hearing about Islamic finance for the first time, the new term usually begs the question, “What’s different about Islamic finance compared to regular finance?” I get asked this question quite often, and it’s difficult to know where to begin and how deeply to delve into the details. During our second week of P3 in Abu Dhabi, we had a guest lecturer from the Department of Economic Development for the Government of Dubai, Harun Kapetanovic, deliver a talk that I hoped would help me answer the question more succinctly. What I took away from Kapetanovic’s lecture, however, was not a concise encyclopedic way to explaining the characteristics that delineate Islamic finance from conventional finance. Rather, his talk offered a more compelling way to place Islamic finance in the context of the global financial system by showing how the principles that underpin Islamic finance have been echoed in other schools of economic thought.

For instance, Thomas Piketty, whose book, Capital in the Twenty-First Century, proposes an economic plan to reduce the widening inequality gap, supports a wealth tax. For those with wealth between €1m – €5m, Piketty proposes a 1% tax, and for those with > €5m, a 2% wealth tax.

Piketty’s tax echoes the practice of zakat, often translated as “alms,” which is one of the five pillars of Islam. Zakat is calculated as 2.5% of wealth that goes above one’s basic needs. Kapetanovic was careful to distinguish zakat from tax, pointing out that nobody is checking to make sure that you are paying your zakat annually. In the UAE, there is a national Zakat Fund, and while it is considered mandatory according to Shari’ah, it is paid voluntarily and not legally binding.

An Islamic financial system, in Kapetanovic’s words, should integrate social and economic objectives, and achieving a more equitable distribution of wealth is the principle one of the macro-objectives of zakat. The implication of such a system means that the wealthy classes cannot rest on their wealth. Simply to maintain their wealth, they must grow it by 2.5% every year without interest, which incentivizes them to circulate their wealth back into the economy through profitable, asset-backed investments.

Kapetanovic referred to other figures, such as Michael Porter and Christine Lagarde, who have made statements that align very closely with the principles of Islamic finance. Porter, for example, has highlighted the inherent interdependence of business and society, and decried the common approach to corporate social responsibility, which treats it as an afterthought that pits business and society against one another. Rather, he posits, social responsibility should be more central to corporate missions. This is also consistent with the principles of Islamic finance.

Christine Lagarde has recently stated that, “the international monetary system would benefit from a higher share of equity compared with debt flows,” which is an integral element of Islamic finance and one that shielded Islamic capital from the 2008 financial crisis.

When asked about the differences between Islamic and conventional finance, it’s tempting to simply explain how Islamic finance functions without interest, or what sukukare. To properly explain the philosophy of Islamic finance, however, Kapetanovic reminded us of the need to zoom out, see the greater picture, and consider the ability of Islamic economic theory to address some of our global economic woes.

 

Image
source: Vaibhav Arora
ForumBlogs - GMAT Club’s latest feature blends timely Blog entries with forum discussions. Now GMAT Club Forums incorporate all relevant information from Student, Admissions blogs, Twitter, and other sources in one place. You no longer have to check and follow dozens of blogs, just subscribe to the relevant topics and forums on GMAT club or follow the posters and you will get email notifications when something new is posted. Add your blog to the list! and be featured to over 300,000 unique monthly visitors
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Re: Calling all INSEAD Applicants (Sept 2016 Intake) Class of July 2017!!  [#permalink]

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New post 10 Feb 2016, 01:03
Hi,

Could someone let me know when the AOs are assigned? I applied in mid-dec but no AO yet.

Thanks!
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Re: Calling all INSEAD Applicants (Sept 2016 Intake) Class of July 2017!!  [#permalink]

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New post 10 Feb 2016, 01:47
akshaytewari wrote:
Hi,

Could someone let me know when the AOs are assigned? I applied in mid-dec but no AO yet.

Thanks!


AO is the one who contacted you via mail to intimate regarding the completeness of your application. Check your inbox
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Re: Calling all INSEAD Applicants (Sept 2016 Intake) Class of July 2017!!   [#permalink] 10 Feb 2016, 01:47

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