International Institute for Management Development: Difference between revisions

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{{Short description|Swiss business education school}}
{{Short description|Swiss business education school}}
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{{Multiple issues|
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{{Advert|date=March 2021}}
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{{Infobox university
{{Infobox university
  | name                  = IMD
  | name                  = IMD
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  | chairman              = Michel Demaré
  | chairman              = Michel Demaré
  | chancellor            =  
  | chancellor            =  
  | president              = David Bach <ref>[https://www.imd.org/news/leadership/imd-appoints-david-bach-as-its-next-president/] </ref>
  | president              = David Bach <ref>[https://www.imd.org/news/leadership/imd-appoints-david-bach-as-its-next-president/ IMD appoints David Bach as its next President], imd.org, April 2024</ref>
  | vice-president        =  
  | vice-president        =  
  | superintendent        =  
  | superintendent        =  
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IMD focuses on training and developing general management and leadership skills.<ref>{{Cite web |title=IMD 1-year MBA Degree - Master Of Business Administration |url=https://www.imd.org/degree/mba/ |access-date=2024-07-18 |website=www.imd.org |language=en}}</ref>
IMD focuses on training and developing general management and leadership skills.<ref>{{Cite web |title=IMD 1-year MBA Degree - Master Of Business Administration |url=https://www.imd.org/degree/mba/ |access-date=2024-07-18 |website=www.imd.org |language=en}}</ref>


==Education==
==Executive Education==
IMD's educational offerings:<ref>{{Cite web |title=Degree Programs at IMD Business School |url=https://www.imd.org/programs-solutions/degree-programs/ |access-date=2024-07-18 |website=www.imd.org |language=en}}</ref>
 
*Degree programs; the MBA, the Executive MBA, the Msc in Sustainable Management & Technology, the Executive Master in Sustainable Business Transformation, and the Executive Master in AI & Digital Business Transformation.
*Executive programs for Individuals  
*Executive programs for Organizations  
*Online programs
*Advisory work
 
===MBA program===
The school's MBA program is a one-year full-time program. The program runs from January through December without any break (summer is dedicated to a Company Engagement Project). Each class includes 90 participants from various countries.<ref>{{cite journal|title=The IMD MBA: 90 Exceptional People Who Will Shape the Future of Business|url=http://www.beatthegmat.com/mba/school/international-institute-for-management-development-imd|journal=Beat the GMAT|access-date=2014-04-24|archive-url=https://web.archive.org/web/20140425003731/http://www.beatthegmat.com/mba/school/international-institute-for-management-development-imd|archive-date=2014-04-25|url-status=live}}</ref>
 
In 2022, IMD celebrated its 50 years anniversary of its MBA program. On 8 October 2022, IMD marked this anniversary with a celebratory event on the Lausanne campus with the launch of a book; ''50 for 50 – Inspiring leadership journeys from half a century of the IMD MBA'', looking back over the last 50 years and looking forward to the future.<ref>{{Cite web |title=MBA 50th anniversary at IMD |url=https://www.imd.org/about/mba-50th-anniversary/ |access-date=2025-05-14 |website=www.imd.org |language=en}}</ref>
 
[[Forbes]] has ranked IMD's MBA #1 among one-year international MBA programs in its 2019 ranking.<ref>{{Cite web |last=Settimi |first=Christina |title=IMD And London Business School Top Ranking Of The Best International MBA Programs |url=https://www.forbes.com/sites/christinasettimi/2019/09/18/imd-and-london-business-school-top-ranking-of-the-best-international-mba-programs/ |access-date=2024-07-18 |website=Forbes |language=en}}</ref> IMD has held top spots in the ranking since 2001. IMD has also been ranked #1 in 2017, 2013, 2011, 2007, and 2001.<ref name="imd.ch">{{Cite web |title=The IMD MBA – a springboard to success – ranked #1 by Forbes once again |url=https://www.imd.org/news/updates/imd-mba-ranked-number-one-by-forbes-2019/}}</ref>
 
===EMBA program===
The Executive MBA targets experienced managers with at least 10 years of experience who seek to strengthen their careers without leaving their jobs. The average class size is around 55 participants of more than 40 nationalities. The program has three components: the foundations for business leadership, the advanced management concepts, and the mastery stage. Altogether the program takes over one year.<ref>{{Cite web |title=IMD Executive MBA: Admission & Application to IMD Business School |url=https://www.imd.org/emba/admission/ |access-date=2024-07-18 |website=www.imd.org |language=en}}</ref> It has a strong focus on leadership skills, integrated business themes, and the immediate practical application of the subject matter. The 55 selected students have an average age of 40. <ref>{{cite web |url=https://www.imd.org/emba/admission/executive-mba-application-process/ |title = Executive MBA (EMBA) - Admissions - IMD Business School}}</ref>


=== Executive Masters ===
=== Custom Programs ===
In 2025, IMD launched two new degree programs in sustainability and artificial intelligence (AI).<ref>{{Cite web |last=Byrne |first=John A. |date=2025-04-03 |title=IMD Launches First New Degrees In 25 Years: Stackable Executive Masters In AI & Sustainability |url=https://poetsandquants.com/2025/04/03/imd-launches-first-new-degrees-in-25-years-stackable-executive-masters-in-ai-sustainability/ |access-date=2025-05-14 |website=Poets&Quants |language=en-US}}</ref>
IMD is a global leader in custom executive education, delivering over 370 programs in 2024 to nearly 200 organizations. These programs are co-designed with clients and delivered in flexible formats—face-to-face, virtual, and asynchronous.<ref>{{Cite web |title=Homepage - IMD Annual Report 2024 |url=https://www.imd.org/reports/annual-report/2024/ |access-date=2025-06-25 |website=www.imd.org |language=en}}</ref> Some partnerships include:


'''Executive Master in Sustainable Business Transformation'''
- Securitas: A five-year transformation journey recognized with a gold EFMD award.<ref name="efmdglobal.org">{{Cite web |date=2023-05-18 |title=EFMD Excellence in Practice Award (EiP) Winners - EFMD Global |url=https://www.efmdglobal.org/efmd-awards/eip-excellence-in-practice-awards/efmd-excellence-in-practice-award-winners/ |access-date=2025-06-25 |website=www.efmdglobal.org |language=en-GB}}</ref>


The degree program designed for professionals aiming to integrate sustainability into core business strategy and operations. It provides a comprehensive understanding of sustainability strategy, ESG integration, and systems thinking, while also developing the leadership capabilities necessary to drive sustainable transformation across enterprises.<ref>{{Cite web |title=Executive Master in AI & Digital Business Transformation |url=https://imd.org/digital-transformation/executive-master/ai-digital-business-transformation/ |access-date=2025-05-14 |website=www.imd.org |language=en}}</ref>
- Bayer: A Sprint program that reached over 12,000 leaders also recognized with a gold EFMD award.<ref name="efmdglobal.org"/>


'''The Executive Master in AI & Digital Business Transformation'''
IMD was recognized #1 globally for custom programs by the Financial Times in 2025.<ref>{{Cite web |title=Executive Education Custom 2025 - Business school rankings from the Financial Times - FT.com |url=https://rankings.ft.com/rankings/3000/executive-education-custom-2025 |access-date=2025-06-25 |website=rankings.ft.com}}</ref>


The AI program is designed for professionals seeking to deepen their expertise in artificial intelligence (AI), digital innovation, and organizational transformation. This advanced degree combines theoretical knowledge with practical leadership training to equip participants with the skills required to drive digital change within complex business environments.<ref>{{Cite web |title=Executive Master in AI & Digital Business Transformation |url=https://imd.org/digital-transformation/executive-master/ai-digital-business-transformation/ |access-date=2025-05-14 |website=www.imd.org |language=en}}</ref>
=== Open and Online programs ===
IMD offers over 75 open enrollment programs and 23 online programs. In 2024, more than 5,000 participants joined open programs and 2,260 joined online offerings. The school emphasizes personalization, interactivity, and cutting-edge content, with 98–99% of participants reporting practical, applicable outcomes.<ref>{{Cite web |title=Homepage - IMD Annual Report 2024 |url=https://www.imd.org/reports/annual-report/2024/ |access-date=2025-06-25 |website=www.imd.org |language=en}}</ref>


'''Master in Sustainable Management and Technology'''
IMD was recognized #9 globally for custom programs in the 2025 Financial Times Executive Education Rankings.<ref>{{Cite web |title=Executive Education Open 2025 - Business school rankings from the Financial Times - FT.com |url=https://rankings.ft.com/rankings/3001/executive-education-open-2025 |access-date=2025-06-25 |website=rankings.ft.com}}</ref>  


The Master of Science in Sustainable Management and Technology program is offered by Enterprise for Society (E4S) on behalf of its three partner institutions: the [[University of Lausanne|University of Lausanne (UNIL)]], the Institute for Management Development (IMD), and the École Polytechnique Fédérale de Lausanne (EPFL)
=== Degree Programs   ===
IMD offers a range of degree programs designed for experienced professionals and promising leaders:


The 2-year program aims at building competences along three dimensions: technology and innovation, economics and management, and sustainability. Participants in the program learn how to lead teams across multiple disciplines and solve complex problems in corporations, start-ups and NGOs.  
* MBA: A one-year, AI-rich program ranked #1 in Europe by Bloomberg Businessweek and named 2024 MBA Program of the Year by ''Poets&Quants''.<ref>{{Cite web |last=Byrne |first=John A. |date=2024-10-30 |title=Poets&Quants' MBA Program Of The Year: IMD's Reimagining Of The MBA |url=https://poetsandquants.com/2024/10/30/poetsquants-mba-program-of-the-year-imds-reimagining-of-the-mba/ |access-date=2025-06-25 |website=Poets&Quants |language=en-US}}</ref>
* Executive MBA (EMBA): A flexible, modular program with global immersions in China, Japan, and Singapore. In 2024, IMD announced a revamp of their EMBA offering to address the evolving needs of executives.<ref>{{Cite web |last=Byrne |first=John A. |date=2024-12-19 |title=Inside IMD's New & Highly Innovative Executive MBA Program |url=https://poetsandquants.com/2024/12/19/inside-imds-new-highly-innovative-executive-mba-program/?pq-category=business-school-news |access-date=2025-06-25 |website=Poets&Quants |language=en-US}}</ref>
* Master of Science in Sustainable Management and Technology: Delivered in partnership with EPFL and UNIL, this program prepares future leaders in sustainability, innovation, and technology.


The program is intended for holders of a Bachelor degree with little or no professional experience and will bring together students with either an engineering profile or management/economics profile.  
In April 2025, IMD launched its first new degrees in 25 years:<ref>{{Cite web |last=Byrne |first=John A. |date=2025-04-03 |title=IMD Launches First New Degrees In 25 Years: Stackable Executive Masters In AI & Sustainability |url=https://poetsandquants.com/2025/04/03/imd-launches-first-new-degrees-in-25-years-stackable-executive-masters-in-ai-sustainability/?pq-category=business-school-news |access-date=2025-06-25 |website=Poets&Quants |language=en-US}}</ref>  


===Executive education===
* Executive Master in AI & Digital Business Transformation
Executive education is a fundamental part of the school activities.<ref name="eiu_rankings" />
* Executive Master in Sustainable Business Transformation


IMD has been recognized as the best business school for an open program in executive education from 2012 to 2017.<ref>{{cite web |title=IMD Ranking |url=http://www.imd.org/why-imd/rankings-awards/ |url-status=live |archive-url=https://web.archive.org/web/20160526083000/http://www.imd.org/why-imd/rankings-awards/ |archive-date=2016-05-26 |access-date=2016-06-05 |website=IMD}}</ref>
These offer flexible, modular programs for experienced professionals, combining online and on-campus learning, and addressing contemporary challenges such as digital transformation and sustainability.  


==Ranking==
==Ranking==
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==External links==
==External links==
* https://www.imd.org/  
* https://www.imd.org/


{{Triple accreditation}}
{{Triple accreditation}}
{{Portal bar|Switzerland|Business and economics}}
{{Portal bar|Switzerland|Business and Economics}}
{{Authority control}}
{{Authority control}}


Latest revision as of 07:08, 27 June 2025

Template:Short description Script error: No such module "Unsubst". Script error: No such module "Infobox".Template:Template otherScript error: No such module "check for unknown parameters".Script error: No such module "Check for conflicting parameters". International Institute for Management Development (IMD) is an independent academic institute[1] with campuses in Lausanne, Switzerland and Singapore. IMD is known for its executive education and its proximity to business.[2] In 2024, it named David Bach as its new president.[3]

History and mission

IMD was formed in January 1990 through the merger of independent management education centers International Management Institute (Geneva) (IMI), established in 1946 by Alcan, and Institut pour l'Etude des Methodes de Direction de l'Entreprise (IMEDE) Lausanne established in 1957 by Nestlé.[4] The new organization, the International Institute for Management Development (IMD), settled in Lausanne. The history of IMEDE and its merger with IMI is documented in Jean-Pierre Jeannet and Hein Schreuder (2015, chapters 2 and 4).[5] Its industrial heritage is unusual for business schools, which are usually university-affiliated.[6]

IMD business school solely provides executive education; it is a Swiss university institute[7] accredited by the Swiss Accreditation Council[8] and it consists of one integrated multidisciplinary faculty. The faculty consists of more than 50 full-time members, made up of 21 different nationalities. The current president is David Bach, who follows Jean-Francois Manzoni, Dominique Turpin, John R. Wells, Peter Lorange, and Juan Rada.[6]

IMD focuses on training and developing general management and leadership skills.[9]

Executive Education

Custom Programs

IMD is a global leader in custom executive education, delivering over 370 programs in 2024 to nearly 200 organizations. These programs are co-designed with clients and delivered in flexible formats—face-to-face, virtual, and asynchronous.[10] Some partnerships include:

- Securitas: A five-year transformation journey recognized with a gold EFMD award.[11]

- Bayer: A Sprint program that reached over 12,000 leaders also recognized with a gold EFMD award.[11]

IMD was recognized #1 globally for custom programs by the Financial Times in 2025.[12]

Open and Online programs

IMD offers over 75 open enrollment programs and 23 online programs. In 2024, more than 5,000 participants joined open programs and 2,260 joined online offerings. The school emphasizes personalization, interactivity, and cutting-edge content, with 98–99% of participants reporting practical, applicable outcomes.[13]

IMD was recognized #9 globally for custom programs in the 2025 Financial Times Executive Education Rankings.[14]  

Degree Programs  

IMD offers a range of degree programs designed for experienced professionals and promising leaders:

  • MBA: A one-year, AI-rich program ranked #1 in Europe by Bloomberg Businessweek and named 2024 MBA Program of the Year by Poets&Quants.[15]
  • Executive MBA (EMBA): A flexible, modular program with global immersions in China, Japan, and Singapore. In 2024, IMD announced a revamp of their EMBA offering to address the evolving needs of executives.[16]
  • Master of Science in Sustainable Management and Technology: Delivered in partnership with EPFL and UNIL, this program prepares future leaders in sustainability, innovation, and technology.

In April 2025, IMD launched its first new degrees in 25 years:[17]  

  • Executive Master in AI & Digital Business Transformation
  • Executive Master in Sustainable Business Transformation

These offer flexible, modular programs for experienced professionals, combining online and on-campus learning, and addressing contemporary challenges such as digital transformation and sustainability.  

Ranking

IMD's full-time MBA has been ranked by Bloomberg[18] and Forbes[19] as one of the best one-year programs in Europe and internationally.

In 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019 and 2020 IMD was ranked first in open programs worldwide by the Financial Times.[20] 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.[21]

Notable alumni

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Faculty

Partnerships

IMD has partnerships with[23]

References

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  5. ↑ Jeannet, Jean-Pierre and Hein Schreuder. 2015. "From Coal to Biotech: The transformation of DSM with business school support". Springer. Template:ISBN
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External links

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