A total of 1029 students in two classes completed the INSEAD MBA program in December 2018 and July 2019. Of these, 98% responded to the Employment Statistics survey.

While 997 participated in formal recruitment activities, 92% reported having received at least one job offer three months after their graduation date. Around 88% provided details of their career and 88% gave reported full salary information.

INSEAD Career Development Centre Global Director Agnès Cosnier-Loigerot said, “In 2019, we have again achieved a record number of 92% of students with offers within 3 months of graduation, joining a total of 322 organizations.”

Average Salary at  US$ 92,800 for INSEAD MBA Class of 2019

Northern / Western Europe Tops in Job Location

In terms of job location, 37% chose Northern/Western Europe, 27% Asia Pacific, 11% Africa/Middle East, 7% North America, 6% South America and 2% Eastern Europe.

McKinsey Recruits the Maximum 131 Graduates

Among the major recruiters, McKinsey & Company topped the table (returning employees in brackets) taking in 131 (54) followed by Boston Consulting Group 96 (30), Bain & Company 77 (28), Accenture 24 (7), Kearney (formerly A.T. Kearney) 23 (3), Amazon  22, Strategy& 14 (4), Restaurant Brands International 11, Uber 9, Microsoft 8 (1), Booz Allen Hamilton 7 (2), Deloitte 7 (4), EF Education First 7, Google 7, L.E.K. Consulting 7, Shopee 7, EY 6, Partners Group 6, Roland Berger 6 (1), Danaher Corporation   5, Alvarez & Marsal 4, Apple 4, Credit Suisse  4, Eli Lilly and Company 4, Goldman Sachs 4, Morgan Stanley 4, Oliver Wyman 4 (3), Samsung 4 (1), Siemens AG 4 (1), ZS 4 (1).

Career Education & Coaching Essential for Success in Job Market

“Such a portfolio of opportunities takes source in the career education and career coaching program that aims to equip students with the skills needed to own their career development and therefore succeed in today’s competitive job market,” Agnès said.

“The whole INSEAD experience transforms our students into lifelong learners and develops in them versatility, agility, resilience and social intelligence. These skills are necessary to tackle any changes and make any decisions in the most ethical and socially conscious way. We believe this is greatly appreciated by recruiters,” she added.

The school’s global employer engagement team that continues to develop relationships with organizations and alumni worldwide. Keeping in with the increasing student interest in technology-related businesses and the ever-changing job market, INSEAD provided immersive experiences and connections with alumni and recruiting partners on and off-campus throughout the program, she said.

“Most of our treks and company visits (45+ a year) allowed students to experience the transformations brought by technology in many international and local markets. Strengthening our presence in multiple employment destinations over the years is successfully enhancing the potential of opportunities for our students: an example with The Netherlands which saw an increase of 69% of students accepting a job there,” she added.

Start-ups Continue to Attract Talent

“We continued our engagement on the start-up front to match the increasing appetite from students to work for fast-growing organizations and market disrupters: 31% of students joined a start-up or scale-up in the Tech sector (compared to 22% in 2018),” Agnès said.

“The same is true for the Summer Experience, with 77% of students deciding to do an internship or participate in the Summer Start-up Tours (67% in 2018), with 46% working for a start-up (41% in 2018). In 2019, the Summer Start-up Tour expanded across regions as well as business areas, involving more for-profit-with-purpose organizations, a positive response to INSEAD’s Sustainable Development Goals campaign,” she added.

Sector-wise Compensation

Management Consulting

Management Consulting netted an overall Annual Mean Salary of US$ 110,800 for the graduates. The overall Annual Median Salary was US$ 107,300, Median Sign-on Bonus US$ 25,200 and Median Performance Bonus US$ 25,000.

Financial Services

Financial Services offered an overall Annual Mean Salary of US$ 109,300, Median Salary of US$ 109,300, Median Sign-on Bonus of US$ 31,800 and Median Performance Bonus of US$ 33,700.

Corporate Sectors

Corporate Sectors offered an Overall Annual Mean Salary of US$ 101,200, Median Salary of US$ 95,400, Median Sign-on Bonus of US$ 20,000 and Median Performance Bonus of US$ 18,900.

Technology, Media & Telecommunications

Technology, Media & Telecommunications offered an Overall Annual Mean Salary of US$ 101,200, Median Salary of US$ 95,400, Median Sign-on Bonus of US$ 20,000 and  Median Performance Bonus of US$ 18,900.

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Located in downtown San Francisco, the Hub will open in February 2020. At present, the school has campuses at Fontainebleau near Paris, Abu Dhabi and Singapore.

INSEAD in the US: Program Highlights

INSEAD will bring to North America its global business insights and perspectives, gained from decades of working with international executives and global organizations. In its first year, the INSEAD San Francisco Hub will offer a tailored selection of executive development programs relevant to the Americas from a portfolio of 50+ global programs, the School said in a press release.

These open enrolment programs will be Transition to General Management, International Directors Program, Integrating Performance and Progress, Blue Ocean Strategy, Leading Digital Transformation and Innovation and The Future of AI in partnership with Singularity University.

INSEAD will also utilize the new facility to host custom-designed programs for US and international companies.

Participating executives and organizations from around the world will be able to experience INSEAD’s immersive learning methodologies. They will also be able to gain access to its pathbreaking global research and professors, while simultaneously gaining exposure to the companies and distinctive business culture of Silicon Valley.

Beyond executive development, the school’s innovative hub concept is intended to be a dynamic destination for making new connections through an extensive calendar of events, organized in collaboration with corporate partners, alumni and visiting faculty.

INSEAD in the US: Dean’s Comments

INSEAD Dean Ilian Mihov said, “From our origins in post-war Europe, INSEAD has distinguished itself in bringing together diverse people and perspectives to drive learning and build bridges as we develop responsible business leaders.

“Coming to North America opens an important new chapter in this journey. We are deeply grateful to our many alumni donors who made possible the transformation of this historic building into a state-of-the-art facility for learning and exchange,” he added.

Dean of Innovation, Peter Zemsky has overseen the development of the new concept. He said, “As tech innovation goes global, business leaders everywhere need to rapidly transform their strategies and organizations.

“At the same time, tech leaders need to adapt to the dramatically shifting expectations about the impact of their products on societies worldwide. INSEAD is uniquely placed to facilitate this learning through our global faculty and network,” he pointed out.

INSEAD’s Pioneering Efforts in Management Education

INSEAD has been a consistent pioneer in management education with a track record of firsts over its 60-year history. It became the first international business school outside the US when opened in 1959.

It was the first business school to offer a one-year MBA program, company-specific executive education and the first B-school with full campuses on multiple continents. The Asia Campus opened in 2000 and the Middle East Campus in 2010

INSEAD was the first and only business school to achieve a ‘triple first’ in rankings – MBA, Executive MBA (Tsinghua-INSEAD EMBA) and Single School Executive MBA (INSEAD GEMBA) in the Financial Times 2016 rankings.

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The 10-month program had a fair share of major achievers including two professional swimmers, a violinist, high scorers in GMAT test, social entrepreneurs and students from non-traditional backgrounds.

Michele Cursio and Sarah Amrein with a professional background in the consulting sector, have considerable achievements in swimming. Michele was a professional swimmer during his teens and clinched the first runner-up position at the National Championship 2004 in his home country, Italy. He graduated with a Masters in International Business from Università Bocconi and joined the Boston Consulting Group as an Associate, the school said in a blog post.

Sarah holds a Master of Science in Medical Biology and was working at Mckinsey as an Associate before joining INSEAD. She excelled in synchronised swimming and represented Switzerland in the European and World Championships. She went on to win the US National Championship title in 2009.

Marta Munoz Souweine started playing the violin at the age of six and was enrolled at the Conservatori Superior de Música del Liceu where she studied for more than 10 years. Apart from the training at the conservatory, she had the opportunity to be a student of Ala Voronkova, a famous violinist in Barcelona. Marta also played in several orchestras such as the Conservatori del Liceu, Can Ponsic and Diaula, and has even won music awards.

Later, she enrolled at the Universitat Politècnica de Catalunya and graduated with a Masters in Mechanical Engineering. Prior to INSEAD, she was with Oliver Wyman as an Engagement Manager.

The top GMAT scorers in the class are Ekaterina Kuznetsova and Mohammad (Moh) Mashayekhi, both having notched up an impressive 770.  The Russian-origin Ekaterina carries a German passport and has spent most of the past decade in Switzerland.

While her formal training is in the sciences (Master of Science in Physics from ETH Zurich), Ekaterina’s professional interests are more firmly grounded in business. She has worked in  McKinsey & Company prior to enrolling for the MBA.

Moh came to INSEAD with work experiences in the United States, Venezuela and in his country, Iran. While working as a bond trader in New York, he took up the challenge to work for a construction company in Venezuela. He then returned to Iran to help run two family businesses.

Among the social entrepreneurs, New Zealander Rodger Douglas had charted a career path in agriculture and dairy farming, not only in his home country but also in Brazil where he gained some enriching experience setting up and running a dairy farming business in a frontier and remote region.

Born in Bosnia-Herzegovina, Angelica Mandaric left home at the age 14 to pursue her education, funding her new life by becoming a professional concert pianist. A first-generation college graduate, she is now a PhD candidate at the Centre for Performance Science (a cross-institutional partnership between the Royal College of Music and Imperial College London), a social entrepreneur, and a strategy consultant.

Before INSEAD, she co-founded an NGO whose work, supported by the European Commission, raises educational and cultural standards, reduces unemployment, and addresses post-war tensions between ethnic groups in Bosnia. Since leaving home, Angelica has lived in 11 cities across six countries.

Canadian Jean-Christophe Mortreux created wind turbines before selling off his patents and company. Jean-Christophe’s passion for renewable energy continues to burn bright and he hopes to use the new knowledge gleaned from his MBA to create more environmentally sustainable start-ups in future.

Among those from non-traditional backgrounds, Maria Nunes Pereira from Portugal, during her PhD studies, developed a life-saving technology that can be used in minimally invasive heart surgery. She is now the Chief Innovation Officer at a biomedical start-up company, created to translate her work from the bench to the bedside.  She has been recognised by Time Magazine, Forbes for her achievements and by MIT’s “Innovators Under 35”.

Victor Lim had graduated with a Bachelor of Law from the National University of Singapore. Working as an Associate in a law firm, he has also been an active volunteer with the Law Society of Singapore since 2012, rendering pro bono legal services to low-income families.

Isabelle Albertalli, a recipient of the French Medal of National Defense, received several awards while studying at École Polytechnique. By the age of 26, she has already been both an army officer as a Platoon Leader Assistant and a McKinsey consultant.

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Competition for each of the rounds is equal, but the earlier you gain admission, the more time you have to secure financing and arrange logistics. The online application form typically opens two months before each application deadline.

The Class of 2018 of the10-month program has students with an average age of 29, average work experience of 6 years, 670-750 GMAT Range (middle 80%), 94 nationalities and 34% women representation.

As on date, Round 1 deadline got over on February 20. Round 2 deadline is on April 17 with interview decision notification on May 17 and the final decision on June 21. Round 3 application deadline is on June 5, interview notification on July 5 and the final decision on August 9. Round 4 deadline is on July 24, interview notification on August 23 and the final decision on September 27.

To be included in a specific round, applications must be complete and submitted by 23:59 pm French time on the day of the deadline.

You should apply a couple of weeks prior to the application deadline if possible. Competition for each round is equal regardless of the intake or round you apply for. The applications submitted within each round are reviewed independently, keeping the “offer ratio” (percentage of candidates accepted vs. applications received) fairly constant across all rounds.

Application Process

You will be able to complete the entire application process using the school’s online application system. Processing of the application takes ten weeks.

GMAT scores are valid for five years prior to the application deadline to which you are applying. In countries where the GMAT test is not offered, GRE test scores are accepted. It is also acceptable for prospective students looking to follow the Dual Degree path. The ETS code for the GRE is 0970.

Once you complete the registration, you will access the Dashboard of the online application system. You can edit your login details and set your alert notifications. You are also required to upload a photograph of yourself. To optimise the image, the photo should be 200 pixels wide and 200 pixels high. It should be in JPEG or GIF format.

In Section 2-10, fill in the profile information, similar to a detailed resume. You can save a PDF copy of these pages at any time by clicking on the printer icon on the top of your screen. Note that not all fields are mandatory, so if one does not apply to you, leave it blank.

The Application fee of €250 must be paid online with a credit card once you have submitted your application form. This application fee is non-refundable.

Section 11&12 comprise job description questions. Pages 13&14 will have motivation essays (three compulsory, one optional).

The school describes this portion as a critical part of the evaluation process. “As such, we advise you to spend a significant amount of time on your application essays. Your responses provide the best opportunity to be creative and tell us about yourself,” it says.

“We would like to get to know you and to find out what motivates you. The essay questions are not meant to be academic articles or business memos, but rather your personal stories,” it adds.

You can fill in the essay questions online or copy/paste your answers in the text boxes directly within the application.

The Application fee of €250 must be paid online with a credit card once you have submitted your application form. This application fee is non-refundable.

The GMAT scores should be submitted through Pearson Vue directly to INSEAD (code DL3-S8-89). You can take the GMAT up until the day of the application deadline, in this case, a copy of your unofficial score report (to be uploaded under “supporting documents” before you submit your application form) is sufficient to begin evaluating your file.

GMAT scores are valid for five years prior to the application deadline to which you are applying. In countries where the GMAT test is not offered, GRE test scores are accepted. It is also acceptable for prospective students looking to follow the Dual Degree path. The ETS code for the GRE is 0970.

English language certification is needed for those for whom English is not the native language. TOEFL, TOEIC, IELTS, Pearson Test of English (PTE) Academic and the Certificate of Proficiency in English test are accepted. You can also demonstrate fluency in English with a university degree (a minimum of one full-time academic year with a diploma received from that host university) where all courses were taught exclusively in English.

Two professional recommendation letters are required, providing information about your leadership and management potential. As such, at least one recommendation should come from your workplace; your current supervisor or manager is usually a good choice.

The other recommendation should be from someone who has had a chance to evaluate you in a professional setting, for example, a client, a former supervisor or a colleague from your community service or extracurricular activities.

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Academic recommendations are acceptable but they are less likely to help in assessing your ability to work with and manage others as well as your potential for senior management. If you feel it would add value to your application, you may also upload an optional third letter of recommendation as part of the supporting documents.

The recommenders can submit their online letters after receiving their links, but no later than 48 hours after the application deadline.

Your curriculum vitae can either be in a free format or follow the format of the INSEAD official CV e-book. Scanned copies of transcripts and diploma and any other documents could also be attached.

Upon submission of your application form, you will receive a message requesting you to record your video interviews through Kira Talent. You will also be able to access it from your online application dashboard. The video interviews are to be submitted no later than 48 hours after the deadline to which you are applying.

Fees & Other Expenses

Tuition fees for the January 2020 intake are €87,000. The fees are payable by instalments. The Tuition fees cover all printed course materials, access to the INSEAD library, access to on-campus information technology services, language tuition and testing, student council fees, gym access, business cards, printing and health insurance.

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