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Author Message
Senior Manager
Joined: 25 Jul 2011
Posts: 298

Kudos [?]: 236 [5], given: 286

Location: India
Concentration: Strategy, General Management
GMAT 1: 730 Q50 V40
GPA: 3
WE: Operations (Non-Profit and Government)

### Show Tags

18 Jan 2012, 11:54
5
KUDOS
9
This post was
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Rankings

- GMAT Club International MBA Rankings

Stay Connected!
• 2014 (Jan) - Calling All INSEAD Applicants
• 2014 (Sept) - Calling All INSEAD Applicants

2013/14 Application Instructions

Sept 2014 Intake Round* Application Interview Decision Final Decision R1 Oct 2, 2013 Nov 8, 2013 Dec 20, 2013 R2 Nov 27, 2013 Jan 10, 2014 Feb 21, 2014 R3 March 5, 2014 April 11, 2014 May 23, 2014
*To be included in a specific round, applications must be complete and submitted by midnight (23.59) Central European Time on the day of deadline.

Jan 2014 Intake Round* Application Interview Decision Final Decision R1 Apr 3, 2013 May 17, 2013 Jun 28, 2013 R2 Jun 12, 2013 July 19, 2013 Sep 06, 2013 R3 Aug 7, 2013 Sep 13, 2013 Oct 25, 2013

Essays

Job Description Essays
Essay 1: Briefly summarise your current (or most recent) job, including the nature of work, major responsibilities, and, where relevant, employees under your supervision, size of budget, clients/ products and results achieved. (250 words maximum)
Essay 2: Please give a full description of your career since graduating from university. If you were to remain with your present employer, what would be your next step in terms of position? (250 words maximum)
Essay 3: If you are currently not working, what are you doing and what do you plan to do until you start the MBA programme? (250 words maximum)

Personal Essays
Essay 1: Give a candid description of yourself, stressing the personal characteristics you feel to be your strengths and weaknesses and the main factors, which have influenced your personal development, giving examples when necessary. (600 words maximum)
Essay 2: Describe what you believe to be your two most substantial accomplishments to date (if possible specify one personal and one professional), explaining why you view them as such. (400 words maximum)
Essay 3: Describe a situation taken from your personal or professional life where you failed. Discuss what you learned. (400 words maximum)
Essay 4: a) Discuss your short and long term career goals. (300 words maximum) and b) How will studying at INSEAD help you achieve your vision? (250 words maximum)
Essay 5: Please choose one of the following two essay topics:
a) Have you ever experienced culture shock? What insights did you gain? (250 words maximum) or
b) Describe the ways in which a foreigner in your country might experience culture shock. (250 words maximum)
Optional Essay: Is there anything that you have not mentioned in the above essays that you would like the Admissions Committee to know? (350 words maximum)
Re-applicant Essay: In case of reapplication, please provide an update on any new aspects of your professional, international, academic or personal profile that would not have been included in your previous application. Please also explain your motivation for re-applying to INSEAD. (400 words maximum)

Essay Analysis

Application Fee: 200 Euros

Language Requirements: The INSEAD language policy requires that you have fluent English plus a practical knowledge of a second language in order to start the programme. You will also be required to demonstrate a basic knowledge of a third language before graduating.

Reapplications: INSEAD does not encourage reapplications unless there has been a significant professional or personal development since the initial application was submitted.

Campus choice: The Admissions Committee does not take campus choice into account when evaluating whether to accept or decline candidates. The selection process is, therefore, entirely blind to campus choice. Whilst Admissions will strive to accommodate your campus choice, if your preferred campus is full, you will be offered the choice of either a place on the alternative campus or a place on the wait list for your preferred campus. After the first 4 months into the Programme, you will have the opportunity to exchange campuses.

Interview: If you have been shortlisted for the interview, in-person interviews are conducted by INSEAD Alumni normally in your country of residence. In the majority of cases, two interviews are conducted.

Class Profile

Class of July 2014

 Class Size 507 Nationalities 74 Female 32% Average Age 29 80% Age Range 26-32 Average Work Ex. 5.4 80% Work Ex. Range 3-8 Average GMAT Score 700 Campus Fontainbleau 309 Singapore 198 Sectors Pre-MBA Consulting 27% Finance 27% Corporate Sectors 46%

Class of December 2013

 Class Size 534 Nationalities 68 Female 35% Average Age 29 80% Age Range 26-31 Average Work Ex. 5.6 70% Work Ex. Range 3-7 Average GMAT Score 700 Campus Fontainbleau 311 Singapore 223 Sectors Pre-MBA Consulting 24% Finance 25% Corporate Sectors 51%

Class of July 2013

 Class Size 491 Nationalities 67 Female 32% Average Age 29 80% Age Range 26-31 Average Work Ex. 5.5 80% Work Ex. Range 3-8 Average GMAT Score 705 Campus Fontainbleau 294 Singapore 197 Sectors Pre-MBA Consulting 26% Banking 21% Corporate Sectors 53%

Class of December 2012

 Class Size 512 Nationalities 72 Female 32% Average Age 29 80% Age Range 26-32 Average Work Ex. 5.6 80% Work Ex. Range 3-8 Campus Fontainbleau 301 Singapore 211 Sectors Pre-MBA Consulting 25% Banking 23% Corporate Sectors 51%

Two classes, one curriculum

The INSEAD MBA Programme is made up of two classes each year.The Class of July begins in late August and graduates in early July the following year. The Class of December begins in early January and graduates in late December. The curriculum, course structure, class size and composition, and campus exchange opportunities are identical across the September and January intakes.
Internship
The primary difference is that if you chose to begin in September, you will complete the MBA in ten consecutive months. If you chose to begin in January you will also have a two-month summer break during which you can pursue an internship or other endeavour.
Career Opportunities
Chances of finding a job have more to do with your skills, experience, and potential than your campus location. Career Services staff is well integrated across both locations, providing the same tools, coaching, and resources, irrespective of whether you are studying in Fontainebleau or Singapore. Whether you join in September or January, you will begin working with Career Services early on to prepare for the next step in your career. Those interested in entering into investment banking are specifically encouraged to consider the January intake, as investment banks hire full-time positions primarily through their summer associate programmes.

Links to Discussions on September v/s Jan:

Campuses

INSEAD is unique in having a dual-campus structure, with a Europe campus in Fontainebleau, France, and an Asia campus in Singapore. The MBA programme runs in parallel on each campus. The two campuses are equally diverse, both have world-class faculty in residence, and both offer MBA participants access to global career opportunities. In addition to being able to study on the INSEAD campuses in Singapore and Fontainebleau, participants also have the option to participate in an exchange with Wharton.

Campus Exchange
You will be asked to choose a preferred starting c
ampus when you apply to the programme. INSEAD will try to accommodate your preference for starting campus, although in some cases you may be asked by the Admissions Office to start at the other campus. This is because campus preference is not taken into account in the selection of candidates for the programme, and therefore, in order to balance the class size and diversity across campuses, it is not possible to guarantee all selected candidates admission for their preferred campus.
In addition to the two INSEAD campuses, students can also, for one period, exchange at Kellogg and Wharton.
From Period 3 onwards, you will have the opportunity to exchange campuses. Through an on-line bidding process which takes place during Period 1, approximately 6 weeks after the programme starts, you will be asked to indicate your campus preferences for Period 3, Period 4 and Period 5. You can also bid for the Wharton exchange during this time. You will draw upon the same capital of points for campus exchange, Wharton exchange as well as for Elective course bidding. You will have the opportunity to spend at least one period at the other campus; however, that period may not be your initial preference as there are certain capacity constraints for each campus.

What alum and current students have to say:

Program Structure - ”Avoiding down-time” – an accelerated MBA experience

The 10-month programme covers 80% of the course hours of a traditional two-year MBA programme by focusing on study five days a week and avoiding "down-time". The MBA programme includes five periods, each one lasting eight weeks. Every period ends with exams and a short break.
The first half of the programme is built around 14 core courses, that provide you with a solid understanding of the key management disciplines, including finance, accounting, marketing, operations, strategy, leadership and business ethics.
The second half of the programme can be customised, allowing you to choose 11 different electives that support your career and learning objectives. INSEAD offers a rich and varied choice of electives for you to choose from - over 75 altogether - including topics as diverse as "Building Business in China", "Mergers, Acquisitions, Alliances & Corporate Strategy", "Private Equity Finance" and "Market Driving Strategies".
 Program Structure Period 1 Period 2 Period 3 Period 4 Period 5 Financial Accounting Corporate Financial Policy Elective Elective Elective Financial Markets & Valuation Marketing Management Elective Elective Elective Organisational Behaviour 1 Organisational Behaviour 2 Elective Elective Elective Prices & Markets Managerial Accounting Elective Elective Uncertainty, Data & Judgement Process & Operations Management International Political Analysis Strategy Macroeconomics in the Global Economy Business Ethics (P1-P2)

Electives
[Reveal] Spoiler:
• Accounting and Control
• Applied Corporate Reporting
• Financial Statement Analysis
• Strategic Cost Management
• Decision Sciences
• Dynamic Pricing & Revenue Management
• Management Decision Making
• Models for Strategic Planning
• Negotiations
• Risk Management
• Economics and Political Science
• Economics & Management in Developing Countries
• Environmental Management in Global Economy
• Europe and the EU in a Changing World
• Negotiations
• Strategies for Asia Pacific
• Entrepreneurship and Family Enterprise
• Building Business in China (field study)
• Building Business in India (field study)
• Building Business in the Silicon Valley (field study)
• Corporate Entrepreneurship
• Entrepreneurial Field Studies
• Entrepreneurial Strategies for Emerging Markets
• Entrepreneurship in Action
• Managing Corporate Turnarounds Successfully
• Private Equity
• Finance
• Applied Corporate Finance
• Bank Management
• Credit Risk
• Corporate Governance: Financial Aspects
• Fixed Income
• Hedge Funds & Alternative Investments
• International Financial Management
• Investments
• Options & Other Derivative Securities
• Private Equity Finance
• Value Creation in Corporate Restructuring
• Marketing
• Brand Management
• Customer Insight
• Discover Israel: Startup Nation (field study)
• Market Driving Strategies
• Pharmaceutical Marketing Strategy
• Pricing Strategies & Tactics
• Organisational Behaviour
• Career Dynamics & Self Assessment
• Negotiations
• Power & Politics
• Psychological Issues in Management
• Strategy
• Blue Ocean Strategy Simulation
• Blue Ocean Strategy Study Group
• China Strategy
• Emerging Multinationals in Brazil & Latin America (field study)
• Global Strategy & Management
• Industry & Competitive Analysis
• Managing Media Companies
• M&As, Alliances & Corporate Strategy
• Real Estate
• Strategy, Structure & Incentives
• Technology and Operations Management
• Competitive Supply Chains
• Management of Services
• Project Management
• Social Media Strategies
• Strategies for Product & Service Development
• At Large
• Strategic Corporate Social Responsibility
• The Art of Communication

Online Bidding

When you are at INSEAD, at the end of period 1 you have to decide where you want to be for period 3, 4, and 5. Do you want to be in Singapore? Do you want to be in France? Do you want to go to Kellogg? And then you also need to decide which electives you want to take. So you are given 200 points to use throughout the year, and it’s up to you how you use those points. So if you really want to go to Kellogg in period 4 and you really want to take that “Your First 100 Days” course, you want to bid more points towards those two things.
For more information on the online bidding process at INSEAD, check out this blog post and this one too.

Kick-Ass Courses & Rock Star Faculty

• Your First Hundred Days: This elective is intended to provide a taste of what it is like to assume managerial control of a company you and your team of fellow managers have just bought. To this extent, it is a logical follow-on to the Realising Entrepreneurial Potential course, although the company you will be concerned with here will not be the one you are targeting for REP.

Pedagogy

There is no single preferred teaching method at INSEAD. Faculty are free to choose the method they believe fits best with the content of the session. You will, therefore, experience a wide variety of teaching styles, including case-studies, computer simulations and role-plays.
Approximate % teaching methods used across all the courses:
• Case Studies - 30%
• Experiential Learning - 10 %
• Lectures - 30%
• Group Projects - 30%

Study Group

When you arrive at INSEAD, you are assigned to a study group. During your core curriculum, you will work in study groups with five to six other participants. Study groups are designed to maximise national and professional diversity. No group will have more than two people of the same nationality or first language. Similarly, there will never be more than two people in the same group with the same professional background. Working within these groups to produce projects and assignments for which you will receive one group grade, you will develop the communication and leadership skills necessary to work in and lead diverse teams anywhere in the world.

Sample Schedule

Sample Schedule: Period 1, Singapore 8 am Breakfast with study group to review case write-up at INSEAD coffee bar 8.30-10 am Organisational Behaviour I Class 10-10.15 am Coffee break; check emails 10.15-11.45 am Prices & Markets Class 12-1 pm Lunch with my strategy professor 1-2 pm One-on-one discussion with my INSEAD Career Counselor 2-3.30 pm Financial Markets & Valuation Class 3.30-4.15 pm Workout at the fitness centre 4.30-5.30 pm Energy Club panel discussion 6.30-8 pm Dinner with housemates at Holland Village food court; catch up with emails 8-9.30 pm Meet with study group to discuss role-playing for organisational behaviour class 9.30-11 pm Read case and prepare individually for class tomorrow 11 pm Latin American National Week Party - Chilean wine tasting, Argentinean tango show & performance, Brazilian dance party

Sample Schedule: Period 4, Fontainebleau

 8:45 am Run through Fontainebleau forest 10:15-11:45 am Competitive Supply Chain Management Class 12-2 pm Lunch with friends; catch up on emails & news at the bar; last minute finessing for afternoon interview 2-3:30 pm Brand Management Class 4-5.30 pm Consulting Interview 5:45-7 pm Meet with Blue Ocean study group at Camembert to prepare presentation for Visual Strategy Fair 7-7:15 pm Coffee break; respond to emails 7:15-8:30 pm Realising Entrepreneurial Potential study group meeting: assignment & submission 8:30-11 pm Return home, change into casual attire & head to Chateau Montmelian (one of the student houses) for Monty Mardi's dinner & drinks 11:30-2 am Read and prepare for classes; work on job applications; catch up on emails

Clubs
[Reveal] Spoiler:
INDEVOR, the INSEAD Organisation for Social Impact, an affiliate chapter of Net Impact
INSEAD Retail, Consumer & Luxury Goods Club
INSEAD High Tech & Telecom Club
OUTSEAD: Lesbian, Gay & Bisexual Community

Employment

INSEAD implements a Grade Non Disclosure Policy, which is supported by the students. Policy details:
• Recruiters should not ask students to provide any information on grades either in written applications or verbally during an interview.
• Students are not to broach the subject of grades with recruiters and may not disclose grades to recruiters either in written or verbal communication.
• Recruiters may request, and students may provide their GMAT scores either in written or verbal communication.
• Students may indicate if they are on the Dean’s List (top 10% of the class)
• Recruiters may request a copy of the Dean’s List from Career Services.
• Upon accepting a full-time offer, students may release their INSEAD grades to their future employers, as we understand this may be necessary to process their employment documents in certain countries.

Recruiting Opportunities

• On Campus Recruiting
On-Campus Recruiting is a programme of events consisting of company presentations usually followed by a networking cocktail where students can mingle with company representatives. Interviews are then held at a later stage.
Three recruitment campaigns are organized per year:
• January - February: For summer internships / projects for the December graduates
• March - June: For full-time positions for the July graduates and summer internships / projects for the December graduates
• September - December: For full-time positions for the December graduates.
The recruitment period begins with three weeks of company presentations taking place in the evenings, with interviews on campus or in local offices/hotels starting shortly after. Interview sign-ups are orchestrated through the School’s on-line interview scheduling system. State-of-the-art telecommunications enable students on both campuses to watch company presentations and interview with recruiters by videoconference.
• Other Recruiting Opportunities:
• Independent Job Search: Members of the Career Services team will provide guidance on job search strategy, contacts, cover letters, resume adaptation, etc. Job Postings Companies with a specific career opportunity or a summer job may prefer to post it on-line using our dedicated platform, "CareerLink." Over 2000 of these career opportunities are available to MBA participants each year via CareerLink. You can sort jobs by criteria, save jobs in your own "job cart" for later reference, keep track of your applications and also set up job alerts to automatically receive an e-mail when a relevant job is posted.
• The CV Book: For each MBA class, the Career Services publishes the curricula vitae (CV) of all participants available for employment which is available online and as a book. It is an important tool for prospective recruiters. Summer Internships/Project Participants beginning in January have the option of using their 8-week summer break for employment. Career Services assists MBA participants on both campuses with their job search and is committed to ensuring that the experience is successful for both the participants and the companies.
• Career Treks: Participants frequently organise "treks" to countries to meet first-hand with a selection of companies. There are also regional sector-specific treks (e.g., investment banking, media, high-tech) that take place. Career Services supports these treks, providing guidance and information as needed. In 2008, treks to Australia, Japan, Korea, Brazil, India and Ireland were organised.

Employment Stats

Median Base Salary: €85,000 (\$111,350) *Exchange rate: €1 = US\$1.31
Median Salary: \$119,500.00
Top Functions: Consulting (47%), General Management (20%), Finance/Accounting (15%)
[Reveal] Spoiler: Full Table
 Consulting 47 % Finance/Accounting 15 % General Management 20 % Human Resources 1 % Marketing/Sales 9 % Management Information Systems 1 % Operations/Logistics 2 %

Top Industries: Consulting (44%), Financial Services (19%), Consumer Products (11%)
[Reveal] Spoiler: Full Table

 Government 1 % Consulting 44 % Consumer Products 11 % Financial Services 19 % Manufacturing 3 % Media/Entertainment 1 % Non-Profit 2 % Petroleum/Energy 2 % Pharmaceutical/Biotechnology/Health Care 5 % Real Estate 1 % Technology 5 % Other 6 %

Top Locations: Western Europe (40%), Asia Pacific (25%), Africa/Near/Middle East (8%), Central/Eastern Europe (5%), Latin America (6%), North America (8%), Southern Europe (7%), Northern Europe (1%)
Top Recruiters: McKinsey (127), BCG (60), Bain & Co. (48)
[Reveal] Spoiler: Full Table

 McKinsey & Company 127(61) The Boston Consulting Group 60(29) Bain & Company 48(17) Booz & Company 40(16) Roland Berger Strategy Consultants 15(3) A.T. Kearney 14(3) Google 13(2) Johnson & Johnson 10 L.E.K. Consulting 9 Standard Chartered Bank 9 Accenture 8 Barclays Capital 8 LVMH 8 Rocket Internet (Groupon, Zalando) 8 Eli Lilly 7 L'Oréal 7 Samsung 7 Danaher 6 Goldman Sachs 6 HSBC 6 UBS 6 Abbott 5 Amazon 5 Credit Suisse 5 Inditex 5 Morgan Stanley 5 Avon 4 Citi 4 Philip Morris International 4 Philips 4 Siemens 4 Singapore Government 4 Cargill 3 Deloitte Consulting 3 Deutsche Bank 3 General Electric 3 Hewlett-Packard 3 Hilti Corporation 3 KKR Capstone 3 Novartis 3 PwC 3 Roche 3 Vodafone 3

Finances

Expenses:

Application Fee: €200
Tution Fee: €58,000
Other Academic Expenses: Item Cost (€) Other academic expenditures (books, etc) 800 Student Council fees 100 Business Foundations Programme (optional) 1500 Language course fees per period (if applicable) 500 Laptop (optional) 1500 Total 4400

Living Expenses (based on location): Item Singapore (€) Fontainebleau (€) Accommodation (includes utilities, charges, insurance) 8500 9000 Meals 4700 5300 Local Transport 530 2000 Telephone 750 820 Personal Insurance for the year 580 560 Miscellaneous (excludes leisure) 1500 1500 Hardware, software (optional) 500 550 Travel for exchange and job search (optional) 2000 1900 Total 19,060 21,630

Funding:
• Loans
• Prodigy Finance: This was started by three INSEAD alumni in 2006 to solve the problem experienced by many international MBAs in funding their education. Their innovative model is based on community funding - individual alumni fund MBAs. Main features of the loan programme:
• No co-signer is required and most nationalities are covered (around 150).
• The interest rate varies based on individual applications. Current average APR is 7.5%
• Grace period of 18 months (study period plus 6 months) followed by a 7 year term.
• No penalties for early settlement.
• An application fee of 1.25% is charged by Prodigy only on successful applications.
• Maximum loan size is capped at tuition, although loans will be resized based on the applicant's individual profile.
• Current average loan size is €30 000.
You can find further information on the loan and apply online if interested at: http://www.prodigyfinance.com/INSEAD
• Misc: Click here to view details of organisations and banks known to offer loans for the INSEAD MBA programme

Chat/ Interview Transcripts

School & Interview Guides

Videos

Blogs

Alumni Blogs:
Current Student Blogs

GMATClub Discussions

Edit: This guide is a work in progress. Feel free to drop in feedback.

Last edited by kirstik on 24 Sep 2013, 14:56, edited 18 times in total.
Updated Class of 2014 Stats

Kudos [?]: 236 [5], given: 286

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Senior Manager
Joined: 25 Jul 2011
Posts: 298

Kudos [?]: 236 [1], given: 286

Location: India
Concentration: Strategy, General Management
GMAT 1: 730 Q50 V40
GPA: 3
WE: Operations (Non-Profit and Government)

### Show Tags

28 Jan 2012, 03:47
1
KUDOS
Post reserved for future use.
_________________

Kudos [?]: 236 [1], given: 286

Intern
Joined: 28 Jul 2009
Posts: 15

Kudos [?]: [0], given: 1

### Show Tags

03 Feb 2012, 00:54
Great work. +1

Kudos [?]: [0], given: 1

Senior Manager
Joined: 25 Jul 2011
Posts: 298

Kudos [?]: 236 [0], given: 286

Location: India
Concentration: Strategy, General Management
GMAT 1: 730 Q50 V40
GPA: 3
WE: Operations (Non-Profit and Government)

### Show Tags

07 Feb 2012, 20:46
somFrodo wrote:
Great work. +1
Thanks! FYI, we have made a few minor updates to the guide.
_________________

Kudos [?]: 236 [0], given: 286

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