INSEAD
International business school / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about INSEAD?
Summarize this article for a 10 year old
INSEAD (/ɪnsiːæd/ IN-see-ad),[8] a contraction of "Institut Européen d'Administration des Affaires" (lit. 'European Institute of Business Administration'),[9] is a non-profit graduate business school that maintains campuses in France, Singapore, the United Arab Emirates, and the United States. INSEAD is a part of Sorbonne University Alliance. Its degree programmes are postgraduate-only, taught in English and include a full-time Master of Business Administration (MBA), an Executive MBA (EMBA), Master in Management (MIM), Doctor of Business Administration, Executive Master of Finance and executive education programmes.
Institut européen d'administration des affaires | |
Motto | The Business School for the World |
---|---|
Type | Grande école de commerce et de management (private research university business school) |
Established | 1957; 67 years ago (1957) |
Academic affiliations | Conférence des Grandes Écoles;[1] INSEAD-Wharton Alliance[2][3] |
Endowment | €370 million[4] |
Chairman | Andreas Jacobs[5] |
Dean | Francisco Veloso[6] |
Academic staff | 250+ 98% PhD.;[7] 22% female;[7] 91% international[7] |
Students | ~1,540 (~1,000 in MBA) (~300 in EMBA) (~130 in MIM) (~30 in MFin) (~80 in Ph.D.) |
Location | |
Language | English Only Instruction |
Website | insead |
INSEAD is incredibly global and diverse, with its programs admitting no more than 12% of students of the same nationality.[10] It frequently appears on rankings of the best business schools such as QS World and the Financial Times. Its MBA has produced the second-most number of CEOs of the world's 500 largest companies, behind Harvard Business School's,[11] and the sixth most billionaires among MBA programmes.[12] INSEAD is among the top 20 universities globally that produced most of the world's ultra high-net-worth individuals.[13][14] INSEAD's MBA program is especially highly regarded in the consulting industry, with its MBA program consistently producing the largest number of global post-MBA hires for top firms including McKinsey & Company, Bain & Company, and the Boston Consulting Group.[15] In 2023 alone, over 250 graduates from a single MBA cohort secured employment at either McKinsey & Company, Bain & Company, or Boston Consulting Group , accounting for approximately 30% of the class. [16]
The school also has a particularly strong reputation for global entrepreneurship, with the school estimating around ~50% of alumni will found a company at some point in their careers. [17] Notable companies founded by INSEAD alumni include Admiral Group,[18] Wise,[19] Nubank,[20] MongoDB Inc.,[21] Asklepios Kliniken,[22] L'Occitane,[23] Gorillas, Blablacar,[24] Tudou, Light Chaser Animation Studios, ESR Group, dLocal, 99 (app) and Business Insider.
In 2023, INSEAD was ranked fourth globally in PitchBook's ranking of MBA programmes for founders and seventh for female founders. As of 2024, INSEAD graduates have founded 14 unicorns.[25] Approximately 800 alumni of the school founded more than 700 companies, which in total raised $23 billion.[26] As of 2022, 15% of European unicorns were founded by an INSEAD alumnus, making the school the #1 unicorn producing university in the continent.[27] As of 2022, Harvard University, Stanford University, and INSEAD are the only three universities ever to top Poets and Quants's list of most-funded startup by MBA students.