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International Institute for Management Development

{{Short description|Swiss business education school}}

{{Multiple issues|

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{{Infobox university

| name = IMD

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| image = Architecture Campus 2024.jpg

| image_size = 250px

| caption = IMD campus in Lausanne

| logo = IMD logo.jpg

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| mottoeng = Real Learning Real Impact

| established = {{start date and age|1990}}

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| type = Academic Institute

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| chairman = Michel Demaré

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| president = David Bach [https://www.imd.org/news/leadership/imd-appoints-david-bach-as-its-next-president/]

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| students = 250 degree students

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| other = 23,000 executive education participants

| city = Lausanne

| province = Vaud

| country = Switzerland

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| website = {{URL|https://www.imd.org/}}

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| coor = {{Coord|46.51|6.62|display=inline,title|type:edu}}

| faculty = 60

| administrative_staff = 450

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International Institute for Management Development (IMD) is an independent academic institute{{Cite web |title=About us - IMD Business School |url=https://www.imd.org/about/about-us/ |access-date=2024-07-18 |website=www.imd.org |language=en}} with campuses in Lausanne, Switzerland and Singapore. IMD is known for its executive education and its proximity to business.{{cite web |url=https://www.forbes.com/business-schools/list/international-1-year/ |title = The Best One-Year International Business Schools List| website=Forbes }} In 2024, it named David Bach as its new president.{{Cite web |date=2024-04-23 |title=IMD appoints David Bach as its next President - IMD News |url=https://www.imd.org/news/leadership/imd-appoints-david-bach-as-its-next-president/ |access-date=2024-09-02 |website=www.imd.org |language=en}}

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.{{cite news|title=IMD – International Institute for Management Development|url=http://www.economist.com/whichmba/imd-international-institute-management-development/2012?tab=3|newspaper=The Economist|access-date=2014-04-24|archive-url=https://web.archive.org/web/20140424213939/http://www.economist.com/whichmba/imd-international-institute-management-development/2012?tab=3|archive-date=2014-04-24|url-status=live}} 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).Jeannet, Jean-Pierre and Hein Schreuder. 2015. "From Coal to Biotech: The transformation of DSM with business school support". Springer. {{ISBN|978-3662462980}} Its industrial heritage is unusual for business schools, which are usually university-affiliated.{{cite web|title=The Economist: Which MBA|url=http://mba.eiu.com|access-date=2008-06-01|archive-url=https://web.archive.org/web/20080529100803/http://mba.eiu.com/|archive-date=2008-05-29|url-status=live}}

IMD business school solely provides executive education; it is a Swiss university institute{{Cite web |last=mathieu |date=2023-04-17 |title=IMD enhances its academic stature with accreditation as a Swiss university institute |url=https://ggba.swiss/en/imd-enhances-its-academic-stature-with-accreditation-as-a-swiss-university-institute/ |access-date=2025-05-20 |website=Greater Geneva Bern area |language=en-US}} accredited by the Swiss Accreditation Council{{cite news|title=IMD accredited as a Swiss university institute|url=https://www.imd.org/news/imd-accredited-as-a-swiss-university-institute/|newspaper=IMD|access-date=2023-04-25}} 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.

IMD focuses on training and developing general management and leadership skills.{{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}}

Education

IMD's educational offerings:{{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}}

  • 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.{{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}}

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.{{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}}

Forbes has ranked IMD's MBA #1 among one-year international MBA programs in its 2019 ranking.{{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}} IMD has held top spots in the ranking since 2001. IMD has also been ranked #1 in 2017, 2013, 2011, 2007, and 2001.{{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/}}

=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.{{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}} 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. {{cite web |url=https://www.imd.org/emba/admission/executive-mba-application-process/ |title = Executive MBA (EMBA) - Admissions - IMD Business School}}

= Executive Masters =

In 2025, IMD launched two new degree programs in sustainability and artificial intelligence (AI).{{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}}

Executive Master in Sustainable Business Transformation

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.{{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}}

The Executive Master in AI & Digital Business Transformation

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.{{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}}

Master in Sustainable Management and Technology

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 (UNIL), the Institute for Management Development (IMD), and the École Polytechnique Fédérale de Lausanne (EPFL)

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.

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.

=Executive education=

Executive education is a fundamental part of the school activities.

IMD has been recognized as the best business school for an open program in executive education from 2012 to 2017.{{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}}

Ranking

IMD's full-time MBA has been ranked by Bloomberg{{cite web |title=Bloomberg best business in Europe |website=Bloomberg News |url=https://www.bloomberg.com/business-schools/2019/regions/europe}} and Forbes{{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/ |date=Sep 18, 2019 |access-date=2023-04-14 |website=Forbes |language=en |url-status=live |archive-url=https://web.archive.org/web/20230830062231/https://www.forbes.com/sites/christinasettimi/2019/09/18/imd-and-london-business-school-top-ranking-of-the-best-international-mba-programs/ |archive-date= Aug 30, 2023 }} 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.{{Cite web |url=http://rankings.ft.com/businessschoolrankings/executive-education-open-2017 |title=Executive Education Rankings - Open Programs - 2017 |website=Financial Times |access-date=2017-05-19 |archive-url=https://web.archive.org/web/20170517210348/http://rankings.ft.com/businessschoolrankings/executive-education-open-2017 |archive-date=2017-05-17 |url-status=live }} 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.{{Cite web|url=https://www.ft.com/content/1e17b87e-2c47-11e7-bc4b-5528796fe35c |date=May 14, 2017 |first1=Laurent |last1=Ortmans |title=FT Executive Education Rankings 2017|website=Financial Times|access-date=2017-05-19|archive-url=https://web.archive.org/web/20170520104426/https://www.ft.com/content/1e17b87e-2c47-11e7-bc4b-5528796fe35c|archive-date=2017-05-20|url-status=live}}

Notable alumni

{{See also|Category:International Institute for Management Development alumni}}IMD counts 125’000+ alumnis across 140 countries and 80+ industries. {{div col|colwidth=30em}}

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Faculty

Partnerships

IMD has partnerships with{{Cite web |title=IMD Partnerships - IMD Business School |url=https://www.imd.org/about/imd-partnerships/ |access-date=2023-06-06 |website=www.imd.org |language=en-US}}

References

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External links

  • https://www.imd.org/

{{Triple accreditation}}

{{Portal bar|Switzerland|Business and economics}}

{{Authority control}}

{{DEFAULTSORT:International Institute For Management Development}}

Category:International Institute for Management Development

Category:Universities and colleges established in 1990

Category:Organisations based in Lausanne

Category:1990 establishments in Switzerland