IMD Business School
International Institute for Management Development (IMD) is a business education school located in Lausanne, Switzerland. It specializes in an executive education offering open enrollment programs for senior executives, as well as longer-term educational engagements that are customized for senior executives of a particular company. IMD is well known for its MBA program, which is taught in English and consistently ranked among the best in the world.
IMD business school solely provides executive education; it is determinedly not part of a university, and there are no academic departments, just one integrated multidisciplinary faculty. The professors do not have permanent academic tenure but work under one-year contracts and a performance-based pay package. The faculty consists of 50 full-time members, made up of 21 different nationalities. The current President is Jean-Francois Manzoni, who follows Dominique Turpin, John R. Wells, and Peter Lorange. The latter ran the school from 1993 till 2008 and has been widely credited with having established IMD as one of the world's leading business schools.
IMD focuses on training and developing general management and leadership skills. Compared to other business schools, IMD tends to select experienced candidates for both the Master of Business Administration (MBA) (average age 31) and the Executive MBA (average age 40). Its other focus is to have a broad international group of participants attending open programs to ensure that no nationality dominates. Every year, some 8,000 executives, representing over 98 nationalities attend one of the programs.
IMD's full-time MBA has been ranked by Bloomberg and Forbes as one of the best one-year programs in Europe and internationally. From 2012 to 2020 IMD was ranked first in open programs worldwide by the Financial Times. The FT also places IMD at second in Custom Programs, with the school jumping up two places from fourth in 2016. IMD remained in second place in the combined custom and open program rankings, maintaining its spot from last year.
Detail information:
Website: https://www.imd.org/
Address: Chem. de Bellerive 23, 1003 Lausanne, Switzerland
Facebook: https://www.facebook.com/imdbschool/
