IMD stands for the abbreviation of International Institute for Management Development, Switzerland’s top ranked business school. IMD is also ranked among the top twenty international business schools worldwide (Financial times 2010 edition).
IMD is highly reputed for the promotion of cross-cultural interaction because of its policy of selecting students from all nationalities for its management programs. Another admission policy includes preference for the working executives by which IMD selects candidates with significant amount of professional experience for its management courses. As a result, every year about 8,000 working executives from over 100 countries are coming to IMD for participating in its management programs.
IMD is famous for its flagship program, IMD-MBA which is consistently projected as one of the world’s best MBA programs by several magazines like Financial Times; the Economist; Business Week; Wall Street Journal and Forbes. Other management programs offered by IMD include IMD-EMBA program and Executive education.
This is one-year duration intensive master level academic program in business administration. Course intake is in the month of January and it lasts up to December with a summer break in between. Classes are conducted all through the weekend except on Sundays. 100 per cent placement is assured and students are recruited by multinationals like Johnson & Johnson, Nokia, Shell, Philips, Nestlé, Unilever, and Novartis. Average age of the participants is 31 years and total number of seats for this program is 90.
IMD-EMBA program is a one year duration executive MBA program offered for ambitious mid-manger level working executives from all countries. Total student intake capacity is 70. Average age of the participants is 39. IMD receives hundreds of participants every year for this EMBA program, mainly the mid management professionals from the multinational firms like Shell, Philips, Novartis and Nokia.
IMD Executive Education
IMD has collaboration with MIT Sloan Business School for conducting its reputed Executive education programs.
IMD has several research centers for developing innovative and advanced methods in management and business education. The most reputed research center of IMD is the World Competitiveness Center. The World Competitiveness Center is highly renowned for the annual publication of the World Competitiveness Yearbook.