Crezence
Hi everyone
I'm one of the current batch of MBA students in IMD. If you guys have questions about life in school or the application process... am more than willing to help.
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Hey Crezence! Thank you for offering your help. I, and I believe other participants of this thread really appreciate your coming back here to give your feedback and answers. These are my questions:
- Quality of education and faculty. How good are they? Are they excellent or just good. All of them? Most of them? Some of them?
I loved the sample lectures I found on youtube, and they were one of the major reasons for my choice of the MBA program. But these are just samples, how is it in real life?
- Budget: on the IMD website they say the following:
CHF 60,000 - tuition
CHF 25,000 - all program and project related fees, including books and course materials, the discovery expedition and weekday on-campus lunches, excluding personal expenses.
(fees may be subject to adjustments)
It just makes me wonder, whether an expedition or two plus the books plus lunches may cost that much! And that's excluding personal expenses.
- Budget again: Personal living expenses - what a family (2 people) budget should be in Lausanne for a year? On the web-site they say 36,000 CHF for a single person. I just wonder if it should be x2 or x1.5 for two. I'm thinking of not too moderate life, maybe dining in cafes twice a week, going on a trip to Milan once a month, etc.
- Employability of non-EU students: How good or bad are the prospects of non-EU students? Is it hard to get a job outside of Switzerland? Is it hard to get a job in Switzerland? Is it hard to obtain a work permit in practice?
How about languages, is English and mediocre French or German would be enough to secure a job in Switzerland?
- First salary: the published salary figures are around 110-120K USD. Is that more or less true for the just-out-of-school student?
- ICP Project: was it interesting? was it helpful? was it worth it?
- What's your opinion: If I'm offered an Associate Consultant position with the Big4 consulting houses, and that's what I'd aim for as my first job after IMD, is the education at IMD still worth it?
I know it's all quite subjective, still I'd like to know your opinion. I wonder if the education per se outweighs the role of consultant for the same period of time. My feeling that the job may be just as good for obtaining skills and experience.
It may be too early for me to ask, since I'm not even invited for the interview yet, and, due to the influx of candidates of my own nationality I face real strong competition. However it might be interesting to those who were admitted.