...

INSEAD MIM Admissions 2024

Home » INSEAD MIM Admissions 2024
INSEAD MBA

INSEAD, renowned as “The Business School for the World,” has a long-standing reputation for its MBA program, which is consistently ranked among the top international business schools globally. Now, the spotlight is on the Master in Management (MIM) program, which is set to welcome its 2024 cohort. This article provides an in-depth look into the INSEAD MIM program, exploring its unique aspects, admissions process, curriculum, and career outcomes.

The Legacy of INSEAD

Founded in 1957 by Harvard professor and venture capitalist Georges Doriot, alongside Claude Janssen and Olivier Giscard d’Estaing, INSEAD was established in post-war Europe with a mission to bring people together through business and promote peace and prosperity. This vision has propelled INSEAD to become one of the top international business schools, consistently ranked in the top 2 by prestigious rankings such as the Financial Times and Forbes. With campuses in France and Singapore, INSEAD provides a truly global educational experience.

Overview of the INSEAD MIM Program

The INSEAD Master in Management (MIM) program is tailored for young professionals looking to build a strong foundation in business management. The program is known for its rigorous curriculum, international diversity, and strong career outcomes.

Program Overview:

Aspect Details
Duration 10 months
Class Size Approximately 500 students
Average Age 22-24 years
Tuition Fees €49,000
Campus Locations France (Fontainebleau) and Singapore
Nationalities Represented Over 40

The MIM program at INSEAD attracts a diverse cohort from across the globe, providing students with a rich cultural exchange and a broad network of future business leaders. 

Academic Structure and Curriculum

The MIM curriculum at INSEAD is designed to cover a wide range of business disciplines, ensuring a well-rounded education. The program is divided into five periods, each focusing on different core areas:

  1. Foundations of Management:Covering essential business concepts and practices.
  2. Business Acumen:Deep dives into finance, marketing, and operations.
  3. Leadership Development:Focusing on interpersonal skills and leadership.
  4. Strategy and Innovation:Advanced topics in strategic management and innovation.
  5. Capstone Project:Practical application of learned concepts through real-world projects.
Period Focus Area
Period 1 Foundations of Management
Period 2 Business Acumen
Period 3 Leadership Development
Period 4 Strategy and Innovation
Period 5 Capstone Project

Admissions Requirements

Applicants to the INSEAD MIM program are evaluated on several criteria to ensure they are well-prepared for the rigorous coursework and diverse environment. Key requirements include:

  • Academic Excellence:A strong undergraduate degree in any discipline.
  • GMAT/GRE Scores:Competitive scores, with no minimum specified but aiming for high percentile ranks.
  • English Proficiency:TOEFL, IELTS, or equivalent for non-native speakers.
  • Work Experience:Internships and relevant work experience are advantageous.
  • Personal Essays:Reflecting on career goals, motivations, and fit with INSEAD’s values.
  • Interviews:Conducted by INSEAD alumni to assess interpersonal skills and alignment with the school’s culture. 

The INSEAD MBA Program: A Benchmark

The INSEAD MBA program sets a high standard, with its global reputation and impressive track record. Understanding the structure and success of the MBA program provides valuable insights into the MIM program’s potential.

INSEAD MBA Program Overview:

Aspect Details
Duration 10 months
Level Masters Program
Average GMAT (Middle 80%) 710*
Class Size 1000 (Jan and Aug intake)
GMAT Range 670 – 750
Range of Work Experience 3-8 years
Tuition Cost (per year) €97,000 (August 2023 Intake)
€98,500 (January 2024 Intake)
Average Age Range 23-36
% Employed after graduation (3 months) 94%
Average Salary (US$) $113,700
Nationalities represented in the class 75+
Location France and Singapore Campus
Dean Ilian Mihov

INSEAD Campuses

INSEAD France Campus: Located just outside of Paris, the INSEAD Europe campus in Fontainebleau sits on eight hectares adjacent to the Fontainebleau forest. The campus provides a quaint, small-town feel with proximity to urban hubs. Paris is a 40-minute train ride away, offering easy access to international business opportunities.

INSEAD Singapore Campus: INSEAD’s Singapore campus was established to create a bridge between Asia and the rest of the world. Situated in the Buona Vista district, known as Singapore’s “knowledge hub,” it is surrounded by top universities and offers extensive amenities. Singapore’s status as a global business hub enhances the learning experience with diverse business opportunities.

Career Outcomes

INSEAD MIM graduates benefit from the school’s extensive network and strong reputation in the business world. The program boasts impressive career outcomes, with high employment rates and competitive salaries across various sectors.

Metric Details
Employment Rate (3 months post-graduation) 90%
Average Starting Salary €70,000
Top Sectors Consulting, Finance, Technology
Major Employers McKinsey, BCG, Google, Amazon

Employment Highlights:

Compensation Type Median
Base Salary $110,100
Signing Bonus $26,900
Performance Bonus $25,300

Employment by Sector:

Sector Annual Median Salary Median Sign-on Bonus Median Performance Bonus
Corporate Sectors $102,800 $21,400 $17,300
Financial Services $117,800 $26,800 $50,000
Management Consulting $117,300 $27,200 $25,800
Technology, Media, and Telecommunications $100,400 $29,100 $20,900

Corporate Sector – Sub-sector Salary Range:

Sub-sectors Salary Range (USD$)
Corporate Services 120,000 – 232,100
Energy 74,200 – 113,900
Healthcare 33,800 – 160,300
Manufacturing / Conglomerates 63,600 – 145,500
Primary Industries 25,700 – 117,800
Retail Consumer and Luxury Goods 24,500 – 155,900

Financial Services – Sub-sector Salary Range:

Sub-sectors Salary Range (USD$)
Investment Banking / Banking / Sales and Trading 39,700 – 253,100
Investment Management / Hedge Funds 72,800 – 178,800
Other Financial Services 54,000 – 300,000
Private Equity / Venture Capital 54,100 – 195,000

Technology, Media & Telecommunication – Sub-sector Salary Range:

Sub-sector Salary Range (USD)
E-commerce / Internet 63,600 – 155,000
Fintech 30,900 – 187,200
Information Technology / Telecommunications 43,000 – 189,800
Media Entertainment and Advertising 50,500 – 200,000

Employment by Location:

Continent Percentage
North America 9%
Northern and Western Europe 39%
Southern/Eastern Europe 9%
Latin America 6%
Asia Pacific 25%
Africa/Middle East 12%

Career Development Center Activities

The career development center at INSEAD is involved with every student even before the start of the program. Before stepping foot on campus, students can attend webinars and workshops related to resume and relationship building. Once on campus, the career development team organizes a series of events throughout the five periods, including workshops, training, panel discussions, group, and one-on-one counseling sessions.

Top Employers:

  • McKinsey & Company
  • Boston Consulting Group
  • Bain & Company
  • Amazon
  • Strategy&
  • EY Parthenon
  • Accenture
  • Kearney
  • Restaurant Brands International
  • Uber
  • Microsoft
  • Booz Allen Hamilton
  • Deloitte
  • Google
  • E.K. Consulting
  • Roland Berger
  • Danaher Corporation

FAQs – INSEAD MIM

  1. How long is the MIM program at INSEAD?The INSEAD MIM program is a 10-month full-time course.
  2. What are the tuition fees for the INSEAD MIM program?The tuition fees for the INSEAD MIM program are €49,000.
  3. What GMAT score is required for INSEAD MIM?While there is no minimum GMAT score specified, competitive applicants typically score in the high percentiles.
  4. How does the INSEAD MIM program support career development?The Career Development Center at INSEAD offers extensive support, including webinars, workshops, panel discussions, and one-on-one counseling sessions to help students build their resumes, develop networking skills, and prepare for job interviews.
  5. What kind of international exposure can I expect in the INSEAD MIM program?The INSEAD MIM program offers significant international exposure with its diverse student body representing over 40 nationalities, and the opportunity to study at campuses in France and Singapore, providing a global perspective on business management.
  6. Is work experience required for the INSEAD MIM program?While work experience is not a strict requirement, having internships or relevant work experience can be advantageous for your application and enrich your learning experience.
  7. What sectors do INSEAD MIM graduates typically work in?INSEAD MIM graduates find employment across various sectors, including consulting, finance, technology, and corporate services. Major employers include McKinsey, BCG, Google, and Amazon.
  8. How is the INSEAD MIM curriculum structured?The INSEAD MIM curriculum is structured into five periods, focusing on different core areas such as Foundations of Management, Business Acumen, Leadership Development, Strategy and Innovation, and a Capstone Project.
  9. Can I switch between campuses during the INSEAD MIM program?Yes, students have the opportunity to experience both the France and Singapore campuses, providing a rich and varied international learning environment.
  10. What makes the INSEAD MIM program unique?The INSEAD MIM program is unique due to its global focus, diverse student body, rigorous and comprehensive curriculum, and strong career outcomes. The program is designed to prepare young professionals for the challenges of the global business environment.

The INSEAD MIM program offers a unique opportunity for young professionals to gain a world-class education in a diverse and dynamic environment. With its rigorous curriculum, global network, and strong career outcomes, it stands as a premier choice for aspiring business leaders.

Conclusion

If you’re considering starting your journey at INSEAD and want to learn more about the admission process or available scholarships, expert guidance can be invaluable. Our top consultants are here to help with a free profile evaluation and personalized advice to strengthen your application. Reach out to us today for tailored support and insights. Contact us at [email protected] to take the first step toward securing your place in the prestigious INSEAD MIM program.

Quick Links:
Masters in Management / MSc in Management Courses – top Schools
https://www.gyanone.com/top-masters-in-management/

Top MBA Interview Tips
https://www.gyanone.com/mba-interviews-tips/



Slay your admissions process like a pro! Be a part of our network

Want to work with us? Contact us today



Meet Inspiring Game Changers who beat all odds to get Top MBA Admits.
Impressed? Itching to get started? Email us now: info [at] gyanone [dot] com.

Thirsty for Guidance? Then you cant miss these
Career Counselling | Admission Tips | Scholarships | Executive MBA | GMAT Preparation

About GyanOne

GyanOne Blog features insights and a plethora of information on Career Counselling and MBA Admissions for the last one decade. We aim to cover success stories, admissions tips, application strategy and career counselling to help you guys take informed decisions and move towards the best careers.

Leave a Reply

Your email address will not be published. Required fields are marked *

enter the fold

Join the elite group of other people who signed in on our mailing list.


Seraphinite AcceleratorOptimized by Seraphinite Accelerator
Turns on site high speed to be attractive for people and search engines.