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IMD Calling all applicants Class of 2015-16

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Re: IMD Calling all applicants Class of 2015-16  [#permalink]

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New post 30 Jun 2015, 13:22
1
outofstyle wrote:
lol! sure -- it was a great experience from start to finish. paola, the new admissions manager, is such a wonderful and personable person it's hard to imagine an experience that's anything but enjoyable. even ralf who has something of a cult of personality -- once you realize that he's just trying to provoke discussion, is really quite funny and you can see that he genuinely cares about his students. this is my impression anyway based on the few hours we spent together.

i attended the assessment day in singapore so my experience is going to be slightly different from yours. there were 6 people in my group; everyone was in their early to mid 30s (except me), everyone worked at large MNCs / fortune 500 companies and someone worked at mckinsey. IMD was the top / only choice for everyone. you'll receive a schedule two weeks before the date, along with the case study, and they're all different, but mine went something like this:

9am - personal interview with paola for 45 minutes; there was structure to the line of questioning but it was also conversational and we laughed a lot. typical questions - what have you done and where do you see yourself going from here, how will IMD help you, et al, as well as some that were specific to my profile. absolutely nothing that made me sweat in the least -- i can't tell you what a relief this was considering i was expecting the worst based on everything i had read on gmatclub.

after the interview, sat around and conversed with the other candidates. i brought snacks and my laptop but didn't bother with either since there was a fully stocked snack bar in IMD's singapore office and it was way more interesting getting to know my fellow candidates. i should also say here that the facilities at the new singapore office are really top-notch.

11ish - assigned a conference room with 2 other candidates to work on the impromptu presentation. the prompt was short (one page) detailing the company, the industry, and the problem (e.g. declining profitability). the solution doesn't require any knowledge beyond P=R-C for analysis and STAR for presentation.

lunch with alumni - more friendly chit chat.

after lunch - actual presentation for 5 minutes each followed by a group discussion to reach a consensus. for some reason, in my mind, i had been expecting to present to a classroom of people but since it was just the 6 of us + paola + ralf it felt way more intimate and less intimidating. also, by this time, our group had already bonded so there were absolutely no qualms and everyone was able to get their word in.

another break, more chit chat, more snacking. i might even have taken a nap.

case discussion - i definitely overprepared. i read 5 years worth of equity research reports, created a working financial model of the company, read everything from the popular press, tried to find several angles and researched frameworks to support these based on theory and data. in the end, we were divided into small teams -- two in support, two against, and two to mediate -- and really, it would have just been enough to read the case a few times.

sorry this was long, but in sum, i had a great time! the sense i got was that they're not trying to eliminate people at this stage but rather confirm initial impressions and the case study / presentation is just material to carry the conversation.


Thanks for the detail on the assessment process. Really appreciate the breakdown on each segment and your perception.

I noticed you also only apply to 2 schools. So what's your take on INSEAD V.S. IMD?

I understand the selection of school depends on each individual's profile and post-MBA goal.

But it's still a good idea to hear other's analytical process if you don't mind sharing.
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IMD Calling all applicants Class of 2015-16  [#permalink]

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New post 30 Jun 2015, 19:03
the insead vs imd question has been on my mind over the past three weeks. i've done a lot of research and i'm still 50/50.

academics / learning - IMD wins, hands down. the INSEAD alumni i've met have said as much. the way the IMD program is structured, the emphasis on leadership, having core courses in the first half and learning to apply them in the second through industrial partnerships, the space for reflection, the innovative use of teaching methods, the intensity, etc -- i think i would learn a lot more or feel more compelled to work at IMD. i still think you get an education par excellence at INSEAD but if you're looking to be fully immersed in business education with no distractions, then IMD is your place.

community - continuous and consistent for IMD, in flux for INSEAD. at IMD, the city of lausanne becomes your home for the year: even if you travel for school trips, you'll always have a place (and people) to return to. INSEAD could be the same, but for the most part, people take advantage of campus exchanges and you have to say goodbye just as you're starting to get to know each other. it's great because you'll always kind of know someone in a different country, and this could be good for someone who gets bored easily (me), but also, kind of irritating for someone looking for stability. also, since you're in class with the same 90 people for the year at IMD, you really get to know your classmates -- every single one of them.

social life - INSEAD seems a bit like college 2.0 with drunken dance parties and private social clubs. if you're a social butterfly, your days will be filled with invitations to chateau dinners and private soirees. if not, you'll end up feeling a little left out. IMD doesn't seem to have a social scene, and i doubt anyone going to IMD would say that they chose the school for the nightlife options. if you have a partner or family, go to IMD for sure; they really make sure your family is well taken care of (e.g. on campus daycare, laundry, etc.).

careers - as you said, depends. both place well into consulting. INSEAD places into investment banking while it's almost a rarity at IMD. in general, i think because of the demographic differences between the two schools, more people join graduate training programs after INSEAD because these programs are looking for 20-something year olds with only a few years of work experience that they can mold into the cultural fit of their company. i think the sort of jobs IMD is looking to secure for its graduates, and indeed, the sort of jobs sought after by its graduates, are mid-level managerial ones in industry. IMD is good for maybe a procurement manager at a fortune global 50 company looking to switch into a different function within the same company / industry at a higher level of responsibility. the key things i've been thinking about here are 1) will i get more attention from recruiters by virtue of the smaller class size at IMD, 2) will my resume be buried under all the ex-mckinsey people at INSEAD, and 3) what are recruiters looking for when they hire from IMD vs INSEAD, and is that who i am? what i mean is that if i'm not a 20-something ex consultant, will there be jobs for me at INSEAD and are these even the kind of jobs i want? for me, both schools have alumni in the job and company i want so i am still completely 50/50.

EDIT: edited the above since it seemed as if i was quite negative on INSEAD. i think i would be happy and successful at either of the schools, and if i end up going to IMD, i'm sure i'll have the experience of a lifetime. :)
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Re: IMD Calling all applicants Class of 2015-16  [#permalink]

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New post 02 Jul 2015, 09:39
outofstyle wrote:
the insead vs imd question has been on my mind over the past three weeks. i've done a lot of research and i'm still 50/50.

academics / learning - IMD wins, hands down. the INSEAD alumni i've met have said as much. the way the IMD program is structured, the emphasis on leadership, having core courses in the first half and learning to apply them in the second through industrial partnerships, the space for reflection, the innovative use of teaching methods, the intensity, etc -- i think i would learn a lot more or feel more compelled to work at IMD. i still think you get an education par excellence at INSEAD but if you're looking to be fully immersed in business education with no distractions, then IMD is your place.

community - continuous and consistent for IMD, in flux for INSEAD. at IMD, the city of lausanne becomes your home for the year: even if you travel for school trips, you'll always have a place (and people) to return to. INSEAD could be the same, but for the most part, people take advantage of campus exchanges and you have to say goodbye just as you're starting to get to know each other. it's great because you'll always kind of know someone in a different country, and this could be good for someone who gets bored easily (me), but also, kind of irritating for someone looking for stability. also, since you're in class with the same 90 people for the year at IMD, you really get to know your classmates -- every single one of them.

social life - INSEAD seems a bit like college 2.0 with drunken dance parties and private social clubs. if you're a social butterfly, your days will be filled with invitations to chateau dinners and private soirees. if not, you'll end up feeling a little left out. IMD doesn't seem to have a social scene, and i doubt anyone going to IMD would say that they chose the school for the nightlife options. if you have a partner or family, go to IMD for sure; they really make sure your family is well taken care of (e.g. on campus daycare, laundry, etc.).

careers - as you said, depends. both place well into consulting. INSEAD places into investment banking while it's almost a rarity at IMD. in general, i think because of the demographic differences between the two schools, more people join graduate training programs after INSEAD because these programs are looking for 20-something year olds with only a few years of work experience that they can mold into the cultural fit of their company. i think the sort of jobs IMD is looking to secure for its graduates, and indeed, the sort of jobs sought after by its graduates, are mid-level managerial ones in industry. IMD is good for maybe a procurement manager at a fortune global 50 company looking to switch into a different function within the same company / industry at a higher level of responsibility. the key things i've been thinking about here are 1) will i get more attention from recruiters by virtue of the smaller class size at IMD, 2) will my resume be buried under all the ex-mckinsey people at INSEAD, and 3) what are recruiters looking for when they hire from IMD vs INSEAD, and is that who i am? what i mean is that if i'm not a 20-something ex consultant, will there be jobs for me at INSEAD and are these even the kind of jobs i want? for me, both schools have alumni in the job and company i want so i am still completely 50/50.

EDIT: edited the above since it seemed as if i was quite negative on INSEAD. i think i would be happy and successful at either of the schools, and if i end up going to IMD, i'm sure i'll have the experience of a lifetime. :)


That's a pretty in-depth analysis. However, I will be coming with wife & 2 kids. IMD seems to have a good support wit on-site day care.

I agree with you that smaller class size gives you better exposure to recruiter though.

On the other hand, INSEAD allow me to study in Singapore (which my wife loves) and looking into recruitment option in Asia after graduation.

I am also looking to transition to Management Consulting after MBA. INSEAD seems to have a slightly higher % of of classmates who are ex-consultants.

So it may be easier to get the inside scoop of the consulting industry. whether the consulting firm hires 30 something for associate is another story though......

Man, I always thought 30's is the prime time of your career. But changing industry seems tougher at this stage of my career.

Anyway, I will have to pass IMD assessment day first before I have the tough choice.

I assume you are fairly torn right now with two offers in hand. Maybe scholarship will be a tie breaker?
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Summer Company Engagement  [#permalink]

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New post 02 Jul 2015, 14:00
FROM IMD Admissions Blog: Summer Company Engagement
​Our summer break officially started this week. As my
blog-mate Nick mentioned in his previous post, we continue the IMD spirit even
in the summer time and are engaged in all kinds of company projects all over
the world. I chose a project with a Swiss company in China to help them with a
go-to-market case. This opportunity will require my entrepreneur experiences as
well as my Chinese language and culture knowledge. I will be staying in the
south of China for a week to understand better the company and the
industry.

The company offers kitchen equipment and solutions for
institutions such as restaurants and hotels. I love going to the restaurants
and enjoy a good meal with family and friends. But I didn’t know that the businesses
involved in the gastronomy equipment were quite complex. It starts from the
upstream companies such as manufacturers which produce the equipment or the
materials for the equipment, to the downstream consumers. Horizontally it also
involves companies that provide facility services, kitchen planning, interior
design and engineering, etc. To be able to do a good market analysis and have
an in-depth understanding of the value chain, I interviewed different people
from related businesses. I had great talks with people who were passionate
about their fields of work. Quite a few people were really happy to help me out
by sharing their experiences and giving me contact info of other people who
could help me further. Among them is an IMD alumnus Bruno Vanhaelst, CEO of
Personal and Home Services in Sodexo, France, who kindly took time for me
answering questions and helped me with further contact people for the project.
It is also amazing to see how strong the IMD net-work is in terms of the
variety of industries and geographies.

I am happy about the good start of my company project,
and looking forward to developing it further. I will keep you updated, and you
will hear more than that from us. We will be reporting news from other
classmates of their summer projects.

Stephanie

Image


My Chinese visa is ready for the trip!

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: IMD Calling all applicants Class of 2015-16  [#permalink]

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New post 02 Jul 2015, 19:06
cico09 wrote:
That's a pretty in-depth analysis. However, I will be coming with wife & 2 kids. IMD seems to have a good support wit on-site day care.

I agree with you that smaller class size gives you better exposure to recruiter though.

On the other hand, INSEAD allow me to study in Singapore (which my wife loves) and looking into recruitment option in Asia after graduation.

I am also looking to transition to Management Consulting after MBA. INSEAD seems to have a slightly higher % of of classmates who are ex-consultants.

So it may be easier to get the inside scoop of the consulting industry. whether the consulting firm hires 30 something for associate is another story though......

Man, I always thought 30's is the prime time of your career. But changing industry seems tougher at this stage of my career.

Anyway, I will have to pass IMD assessment day first before I have the tough choice.

I assume you are fairly torn right now with two offers in hand. Maybe scholarship will be a tie breaker?


not torn at all -- they are both great schools so it's a win either way. :)

based on what you said, i think you would get everything you're looking for at both schools with the differences being quite minimal. IMD's placement into management consulting is quite strong -- i think 6 people went to BCG last year alone, not sure how many got offers. that's quite impressive for 90 people. i spoke to a current MBA student and she said that the mckinsey partner who attended an on campus presentation this month reaffirmed their long term commitment to IMD. i think INSEAD's placement into consulting is nothing short of impressive, but i also don't think it's an uphill struggle at IMD.

changing careers also seems to be IMD's forte in that you tell them what you're hoping to achieve with your career at the start of the program and they work with you to mold your experience in terms of curriculum, practical experience (short term on-site projects) and contact with people in your target industry, whether they're alums, friends of faculty, or participants of the exec ed. i'm pretty sure that 80 out of 90 participants change careers after IMD.

for someone with a wife and 2 kids, i really don't think it gets any better than IMD. first of all, everyone at my assessment day was married and a few had kids. therefore, the social scene will include some aspect of family fun and it's not like you're living a double life (MBA student during the week, family man on the weekends). partners form a close-knit group and go for language lessons -- some of the partners even started a business together cooking dinners for the MBA students who have to work all night on campus. IMD does everything to make sure you're not distracted from your studies, while at INSEAD it seems as if you're largely left to your own devices.

writing all of the above makes me a bit sad because i've decided to go to INSEAD. it ultimately came down to money and a bunch of other factors. also, a lot of INSEAD alums work at my company in senior roles and it already feels like i'm joining a more elite club within the company. they're both great schools and the admissions process for both has been fun and an enlightening experience in general. enjoy it and let me know where you end up! maybe i'll see you in fonty? :wink:
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Re: IMD Calling all applicants Class of 2015-16  [#permalink]

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New post 04 Jul 2015, 04:23
outofstyle wrote:
not torn at all -- they are both great schools so it's a win either way. :)

based on what you said, i think you would get everything you're looking for at both schools with the differences being quite minimal. IMD's placement into management consulting is quite strong -- i think 6 people went to BCG last year alone, not sure how many got offers. that's quite impressive for 90 people. i spoke to a current MBA student and she said that the mckinsey partner who attended an on campus presentation this month reaffirmed their long term commitment to IMD. i think INSEAD's placement into consulting is nothing short of impressive, but i also don't think it's an uphill struggle at IMD.

changing careers also seems to be IMD's forte in that you tell them what you're hoping to achieve with your career at the start of the program and they work with you to mold your experience in terms of curriculum, practical experience (short term on-site projects) and contact with people in your target industry, whether they're alums, friends of faculty, or participants of the exec ed. i'm pretty sure that 80 out of 90 participants change careers after IMD.

for someone with a wife and 2 kids, i really don't think it gets any better than IMD. first of all, everyone at my assessment day was married and a few had kids. therefore, the social scene will include some aspect of family fun and it's not like you're living a double life (MBA student during the week, family man on the weekends). partners form a close-knit group and go for language lessons -- some of the partners even started a business together cooking dinners for the MBA students who have to work all night on campus. IMD does everything to make sure you're not distracted from your studies, while at INSEAD it seems as if you're largely left to your own devices.

writing all of the above makes me a bit sad because i've decided to go to INSEAD. it ultimately came down to money and a bunch of other factors. also, a lot of INSEAD alums work at my company in senior roles and it already feels like i'm joining a more elite club within the company. they're both great schools and the admissions process for both has been fun and an enlightening experience in general. enjoy it and let me know where you end up! maybe i'll see you in fonty? :wink:


Love your analysis. It just rhymes with my thought. I have been thinking MBA for the past 5 years (Starting my own company and babies just keep pushing everything on side), so did lots of research over the years. And this year I finally realize I will be too old if I don;t apply RIGHT NOW. For me, MBA is more about learning new stuff whether it's in classroom or from classmates. I am going to treat it as impulse purchase if the geography and industry change doesn't work out. that be said, IMD and INSEAD has always been my only 2 choices.

I love the small class size and academic intensity (yes, I am on of those nerds who sit at the first row and always raise hand in class) of IMD. But I also dream the chances of studying att multiple campus at INSEAD ("living" around the world is my dream, 4 countries and counting. I really enjoy living in different cities instead of passing by a tourist attraction and take photo)

At the end of day, Business school is really similar when I am courting my partner. Each school has its strength and obviously some of them are just not great fit. But you can only go to one school. hehe

Congrats on your decision, I won't turn down tuition reimbursement if I was in your boat as well. You seem to know quite a bit on management consulting, do you mind if I PM you for some specific questions?
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Re: IMD Calling all applicants Class of 2015-16  [#permalink]

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New post 04 Jul 2015, 06:37
cico09 wrote:
outofstyle wrote:
not torn at all -- they are both great schools so it's a win either way. :)

based on what you said, i think you would get everything you're looking for at both schools with the differences being quite minimal. IMD's placement into management consulting is quite strong -- i think 6 people went to BCG last year alone, not sure how many got offers. that's quite impressive for 90 people. i spoke to a current MBA student and she said that the mckinsey partner who attended an on campus presentation this month reaffirmed their long term commitment to IMD. i think INSEAD's placement into consulting is nothing short of impressive, but i also don't think it's an uphill struggle at IMD.

changing careers also seems to be IMD's forte in that you tell them what you're hoping to achieve with your career at the start of the program and they work with you to mold your experience in terms of curriculum, practical experience (short term on-site projects) and contact with people in your target industry, whether they're alums, friends of faculty, or participants of the exec ed. i'm pretty sure that 80 out of 90 participants change careers after IMD.

for someone with a wife and 2 kids, i really don't think it gets any better than IMD. first of all, everyone at my assessment day was married and a few had kids. therefore, the social scene will include some aspect of family fun and it's not like you're living a double life (MBA student during the week, family man on the weekends). partners form a close-knit group and go for language lessons -- some of the partners even started a business together cooking dinners for the MBA students who have to work all night on campus. IMD does everything to make sure you're not distracted from your studies, while at INSEAD it seems as if you're largely left to your own devices.

writing all of the above makes me a bit sad because i've decided to go to INSEAD. it ultimately came down to money and a bunch of other factors. also, a lot of INSEAD alums work at my company in senior roles and it already feels like i'm joining a more elite club within the company. they're both great schools and the admissions process for both has been fun and an enlightening experience in general. enjoy it and let me know where you end up! maybe i'll see you in fonty? :wink:


Love your analysis. It just rhymes with my thought. I have been thinking MBA for the past 5 years (Starting my own company and babies just keep pushing everything on side), so did lots of research over the years. And this year I finally realize I will be too old if I don;t apply RIGHT NOW. For me, MBA is more about learning new stuff whether it's in classroom or from classmates. I am going to treat it as impulse purchase if the geography and industry change doesn't work out. that be said, IMD and INSEAD has always been my only 2 choices.

I love the small class size and academic intensity (yes, I am on of those nerds who sit at the first row and always raise hand in class) of IMD. But I also dream the chances of studying att multiple campus at INSEAD ("living" around the world is my dream, 4 countries and counting. I really enjoy living in different cities instead of passing by a tourist attraction and take photo)

At the end of day, Business school is really similar when I am courting my partner. Each school has its strength and obviously some of them are just not great fit. But you can only go to one school. hehe

Congrats on your decision, I won't turn down tuition reimbursement if I was in your boat as well. You seem to know quite a bit on management consulting, do you mind if I PM you for some specific questions?


of course you can! and congrats on INSEAD -- saw you on the other thread. :)
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Alice in Wonderland  [#permalink]

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New post 10 Jul 2015, 20:00
FROM IMD Admissions Blog: Alice in Wonderland


Since three days I have been in China, I am like the Alice in Wonderland.

Or the Grandma Liu who arrived for the first time at the Da Guan Garden, which is

the Chinese version of the former.



As part of my industry analysis for my project, I contacted several hotel

general managers to understand the business model. Through the IMD network, I

got to meet the General Manager of Intercontinental Hotel in Foshan (near Guanzhou)

- Mr. Adnan Yücel. When I first  saw the 40-floor

modern skyscraper, I was very impressed. Then I entered the lobby, I was encountered by the breath-taking high ceiling which was

a dome with glamorous mosaics. The toilet (which was twice as big as my apartment

in Lausanne) was decorated with a crystal chandalier and exclusive

burgandy-color marbel floor and wall. This is the type of luxury one does not

see often in Switzerland or Europe.



In order to help me with my research, Mr. Yücel organized his managers from

the Engineering, Kitchen, Food & Beverages departments to be present. A

group of 5 specialists in the industry were available to answer my questions! I

felt completely flattered. Once again, I was amazed by the power of IMD network.

When I got to know that Mr. Yücel was from Istanbuhl, I talked excitedly about

our Turkey trip a couple of weeks before. Everyone answered my questions

attentively and was very kind to explain all details to me. The more I

understand the industry, the more I realize that I AM indeed the Alice in Wonderland, where business is done in a way out of the scope of my imagination and experience.



After the meeting I went back to my hotel, which was a 5-star local brand

hotel in a small town called Heshan. While I was waiting in the restaurant for

my dinner, I saw the below two things. My advice for all: if you manage a local

"luxury" hotel brand in China, you need to put fish tanks and a statue of

fortune God on your inventory list...



This is real life, real learning.



Stephanie



p.s. I would like to ask our accounting professor Leif: how can we depreciate

the fish tanks and statue of God on the balance sheet and P&L??



Image

The fishes are not for entertaining or decorative purposes, if you are

wondering. This is the Chinese definition of a plate of "freshly" steammed

fish.



 Image

God of Forture: the secret of Chinese economic growth.



Image

The toilet with a crystsl
chandelier in Intercontinental Hotel, Foshan



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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Summer Update!  [#permalink]

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New post 13 Jul 2015, 05:00
FROM IMD Admissions Blog: Summer Update!
​I've been back in the UK for over a week now, and it's been great to be combining some work together with an opportunity to catch up with family and friends.  On the social side, I had a friend from school's wedding yesterday, and have another old school friend's wedding in France in two weeks, and am looking forward to catching up with some old work contacts over this week to come.

But on the work front, even though it's the summer break, things haven't ground to a halt, as I'm busy working on an individual project around innovation and start-ups in Wealth Management - it's a fascinating area, as Wealth Management is quite a traditional industry, and so I think it's inevitable that a new player will come and disrupt the sector in the near future.  The question is, who will it be?  I'm really enjoying taking the opportunity to speak with industry experts and re-engaging with my old industry.

The rest of my classmates are busy getting up to amazing things - Stephanie is in China, and we have a group in Africa, not to mention various other classmates dotted all around the world, taking the opportunity to travel, and to work on an amazing individual project.  More updates soon!

Nick.​
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An update from Africa  [#permalink]

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New post 19 Jul 2015, 14:00
FROM IMD Admissions Blog: An update from Africa


Below is an update from my fantastic colleagues Sara, Daniele, Elvin & Moto, who are up to great things with their summer in Africa.



________________



It’s been one week since we
arrived in Migori and it’s been simply mind-blowing! The IMD team on place is
Moto, Sara, Elvin and Daniele, the four “crazy” students who decided to spend
the whole month of July in rural Kenya to support the development of soya
cultivation.



The project stems from the
cooperation between UNIDO, the Japanese government, and Kenyan Industrial
Research and Development Institute. It is run by a start-up called Ground Power
Company, who’s CEO Tomoko Yakushigawa is our contact person. When we started
discussions with her earlier this year, it became clear that the company
struggles in a number of different ways: limited use of formal accounting
(including P&L statement), difficulties in finding markets for soya
products, challenges with customers such as unjustified delays of payments, low
reliability among employees and farmers. We thought of this as a great
opportunity to both support the company and get a chance to apply a lot of the
lessons learned at IMD in the real world – although none of us is accustomed
with an emerging market, despite previous international careers.



So far, we have visited the
production facility, where Ground Power Company produces soy tea and flour, and
we have spoken to many customers and other locals.  We have also paid
several visits to the suppliers, i.e. the farmers. The company sources soya
from local farmers, many of whom used to grow tobacco until recently. All of
them shared stories about the negative impact tobacco farming on their lives: a
lot of work, low earnings, and danger for their health, as many of them have
children or themselves sleeping in the tobacco storage room due to lack of
other options. Hearing this, it feels good that we can help the company in
their quest to offer an alternative to tobacco.



The whole experience really is a
unique learning opportunity for us, both from a personal and professional
perspective. It has been a reality check too. What we often take for granted at
home is often a luxury in other parts of the world. The nice IMD restaurant,
for example, seems like a memory from another world! From a professional
perspective, it’s clear that although the four of us have different career
aspirations after the MBA, we will all come back with new valuable perspectives
that will help us reach our goals.



Over the next weeks, we will
continue to work on helping the company to tackle their challenges, focusing on
financing/accounting, operations and marketing areas. Stay tuned and we will
tell you how it goes!
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Another African adventure!  [#permalink]

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New post 23 Jul 2015, 02:00
FROM IMD Admissions Blog: Another African adventure!
It's not just Daniele, Elvin, Moto & Sara who are in Africa - one of our other colleagues, Elie, is spending his summer in Africa working for a Private Equity fund.  Find out more about his adventure below!

Nick.

Hello readers… this is
Elie writing to you from Ibadan, Nigeria.

I just want to share
with you an exciting and challenging experience that I am currently living on
my company engagement project.



I am working with a
local PE fund in Nigeria: my job is to work with one of their portfolio
companies that they acquired at the beginning of this year in the FMCG sector,
and identify opportunities to increase profitability by 25-40%: increase the
top line through extra revenues or reducing their cost structure. I had a
previous experience working on due diligence for PE firms but never on
post-acquisition projects, but Once I got the assignment I immediately
remembered one of our professors (Benoit Leleux) who was always saying: the PE
world is different from any other world: they want the results “yesterday"...



This is not the only
challenge you would face in a developing country such as Nigeria (actually PE
firms function more or less in the same way everywhere); but also add on top pf
that the lack of security, lack of infrastructure, poverty, corruption, you
name it: you will live it, feel it, and actually do it:

Can you imaging giving
10$ to the customs at the airport just for them to stamp your passport while
you have a valid visa!, or bribe the police at a checkpoint or else they will
take you to the station, and I believe you don’t want that to happen!).

Anyway, it’s been a
great experience so far, and I am looking forward to the next 10 days before I
head back to Lausanne hoping that we could come up with a plan to reach the end
goal.
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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The new term approaches...  [#permalink]

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New post 28 Jul 2015, 10:00
FROM IMD Admissions Blog: The new term approaches...
I've spent the last few days at an old school friend's wedding in France, and now I'm polishing off the last few items for my individual project, ready to attack the six days of lectures that we've got next week.  Of course, these all come with some pre-reading to do!  So the summer of relaxing is nearly over.

I can't wait for the next part of the course.  The first half of the year was very structured, and had a specific schedule in respect of which tasks had to be completed when.  Now, however, the course is much more self-directed, and I can't wait to get stuck in to my individual project, and my property related international consulting project.  I'm also aware more than ever that the course is not too far from its conclusion - around four months to go until it's all over - I really can't believe how quickly the year has flown by.  This also means that I need to ramp up my efforts to find the right job - which I'm actually really looking forward to - there's so much possibility out there, and IMD has already been instrumental in putting me in touch with some really interesting contacts.

For the time being, though, I'm concentrated on a big birthday that's coming up at the end of this week!

Nick.​
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Photo blog: MBAs hit Istanbul  [#permalink]

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New post 30 Jul 2015, 13:00
FROM IMD Admissions Blog: Photo blog: MBAs hit Istanbul
After our final exams, the ​MBA immediately (and literally, immediately!) decamped to Istanbul for a week of lectures and fun. I wrote about our experience of Turkey but now, here are some photos of the fantastic time we had, organised by the wonderful Gitte-Marie.

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The gents had a mousetache growing competition

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We spent most of our time trying not to lose the IMD sign in the throng of Istanbul

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We had some very intense discussions...

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...that also made us laugh

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We saw the sights...

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...and sampled the local beverages

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We visited companies...

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...ate on rooftops...

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...and cruised the Bosphorus

 Image

Most of all, we learnt a lot and had a fantastic time!
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IMD MBA on tour - we want to meet you!  [#permalink]

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New post 31 Jul 2015, 01:00
FROM IMD Admissions Blog: IMD MBA on tour - we want to meet you!
​We're going to hit the road soon and we'd love to meet you!

At the end of August we're going to split the class in three and head off across the world to visit both emerging and emerged economies. And whilst we're there, we'd love to meet both alumni and prospective students.

We'll be giving short presentations asking "how will emerging market tackle the fundamental challenges to further their development?" and "how will the emerged markets stay relevant in the 21st Century?" After the presentations, there will be cocktails and a chance to ask us whatever questions you might have about the MBA.

​City
​Date
​Shanghai, China
Monday, ​24th August 2015
​Monterrey, Mexico
Monday, ​24th August 2015
Dubai, UAE
Tuesday, ​25th August 2015
​Singapore
Thursday, ​27th August 2015
​San Francisco, USA
Thursday, ​27th August 2015
​Tokyo, Japan
​Thursday, 27th August 2015



But wait, there's more!

Our programme director, Ralf Boscheckwill be heading off to Brazil in August too and will be giving a lecture looking at Brazil's current turbulent situation. He'll be giving this masterclass together with Diego Barreto, MBA 2014, who has a unique, insider's perspective on the current turmoil sweeping Brazil.

​City
​Date
​Sao Paulo, Brazil
Thursday, ​20th August 2015



For locations, times and to register, please visit our events page. We can't wait to meet you and tell you all about our IMD MBA experiences in person!

See you there!

Image

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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Photo blog: May  [#permalink]

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New post 03 Aug 2015, 00:00
FROM IMD Admissions Blog: Photo blog: May
​A little bit delayed but here are some highlights from May

Image

Many, many games of table tennis were played

Image

We tried various innovation techniques, including blindfolding the consumer...

Image

...observing how they interact with the product...

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..and brainstorming on the blackboard...

 Image

...which enabled us to solve the problem of smartphone battery life.

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We got minifig versions of ourselves...

Image

...had some intense discussions...

Image

...and very heated takeover negotiations.

Image

Finally we had a barbeque and gathered in the auditorium to watch Eurovision 2015!
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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Back to school!  [#permalink]

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New post 05 Aug 2015, 15:00
FROM IMD Admissions Blog: Back to school!
​We started school again on Monday. It was great to catch up with classmates on how they spent their summertime. This week we have marketing, accounting and finance courses, mainly to refresh what we learned before the summer. It helps me to get back to the IMD rhythm after spending a nice holiday with my family in southern Italy.

Firstly we celebrated with the birthday girls and boys who had birthdays in July and early August, and there was quite a bunch of them. In the marketing course, we studied cases such as Nespresso and see how a premium brand created and kept their special value proposition in the market. It reminded me of the summer project I did, where the company had similar challenges. It inspired me a lot for the preparation of my individual project, which will focus on market proposition for a Swiss premium brand.

Soon we will prepare for our discovery trips to three different regions. I will be going again to China, and then Japan, and am looking forward to the exciting second half of the IMD year!

Stephanie

Image

IMD tradition: birthday dance.
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: IMD Calling all applicants Class of 2015-16  [#permalink]

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New post 16 Aug 2015, 08:21
Hello everybody, is there any applicant for Sep round? do you have any idea on this year's applications status? IMD this year is very different.
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Re: IMD Calling all applicants Class of 2015-16  [#permalink]

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New post 20 Aug 2015, 02:36
Hi Every one.. Is there any Aug-round applicant?

Has anyone got an assessment day invite yet?
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Re: IMD Calling all applicants Class of 2015-16  [#permalink]

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New post 13 Sep 2015, 09:23
Got invite to assessment day on 9 October. Is there anyone who got invite on this date?
GMAT Club Bot
Re: IMD Calling all applicants Class of 2015-16   [#permalink] 13 Sep 2015, 09:23

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