IMD MBA Switzerland

International institute for management development is a private business school located at Lausanne, Switzerland. It was established in 1990 and is currently headed by Jean-Francois Manzoni. IMD does not belong to any university but focuses mostly on MBA and executive education. It trains executives from different companies on how to build their leadership and management skills. The professors are not permanent staff members of the school; they have one-year contracts and are paid based on their work performance. IMD focuses on bringing together many participants from different countries to attend their programs in order to ensure no country is dominating the other. It is currently ranked first place in custom programs. IMD is operated not only in Switzerland but also in other locations like Singapore.

Institute for Management Development Programs

IMD business school offers various programs for many participants to choose where they belong and what they want.

1. General Management Programs:- The general management program is aimed at giving participants the latest knowledge on how to lead their business better. It equips the students for bigger roles in bigger settings. The program brings together executives and helps them to connect and exchange ideas with each other. This program also focuses on experienced managers who are looking into bigger leadership roles. Some of the courses taken in this program are; Advanced management program(AMP), Building on talent(BOT) and so on.
2. Digital Transformation Programs:- This program focuses on teaching executives how to combine technology with their business skills for better results. The program teaches courses that help in the digital transformation of business. It helps executives to take their business to the next level with the aid of technology. Some of the courses taught:- Transform Tech(TT), Artificial intelligence (AI) and others.
3. Degree Programs:- The degree program consists of 2 programs which are Master of business administration (MBA) and Executive MBA(EMBA).

• The MBA program runs for one year and is full time for all students. The program teaches leadership and general management and helps to develop the students. The students take trips in the middle of the program that helps them to meet different executives and build networks for themselves.
• The EMBA program targets experienced executives who want to improve their careers while working at the same time. The program is more advanced than the MBA program and it usually takes over a year. It has three stages which are the foundations for business leadership, the advanced management concepts and the mastery stage.

1. Leadership Program:- The leadership program focuses on making students discover their inner leadership skills. It helps to develop students and teach them how to direct others to achieve common goals for the business. It also prepares executives for bigger leadership positions.
2. Focused Programs:- Focused program is aimed at teaching crucial business points and topics to help in a better understanding of business. Some of the topics taught are Sustainability, Negotiation and so on.
3. Online Programs:- The online program helps to learn the latest skills in the business world without leaving your job. The lessons are taught through live sessions with the professors and each student is given a personal coach for assistance. The program helps the students to immediately apply whatever they learn and get results.

Eligibility

The different programs at IMD business school have various eligibility criteria.

• To qualify for the MBA programme you have to be at least 31 years old.
• For the Executive MBA programme you have to be at least 40 years old before applying.
• Those who want to apply for the EMBA program must have at least 10 years of work experience.
• Three years of work experience is needed to apply for the MBA program.
• The other programs are for experienced managers who are moving to new positions and these programs run for a short duration of time.

IMD MBA Courses

The MBA program offers a number of courses for the candidates to choose from.

• Finance courses:- The financial management courses teach students how to properly manage the company funds and make the right budget. It also helps them to make good use of the company’s resources.
• Business analysis courses
• Marketing courses:- The marketing courses help to teach the students how to conduct market research for new products. It helps in understanding the type of products to launch for the public
• Operations management courses:- This course teaches how to properly manage the business in its daily operations.
• Leadership courses
• Business development courses
• Negotiation courses:- Negotiation is an important skill in business. This course teaches students how to make the right decisions for the business.

Eligibility

• A bachelor’s degree from an accredited school.
• Candidates must have a minimum of 3 years of work experience after graduation.
• Recommendation letter from two business related persons who are familiar with the candidate.
• Average GMAT score of 680
• TOEFL or IELTS results for candidates that studied at a non-English university.
• Knowledge of another language apart from English.

IMD is a school suited for career driven individuals who want to move to the next level. Therefore, executives who want to move their business forward should consider gaining a degree from IMD for better knowledge and networking.