A world of possibilities. Degree Programmes 2014

Transcription

1 A world of possibilities

2 Contents Dean s Welcome Degrees of international excellence Dean s Message The INSEAD Advantage Which INSEAD Programme is for You Our Research and Faculty Our Global Presence MBA Introduction Curriculum Overview Exchanges & Partnerships Career Development Global Executive MBA Introduction Structure Curriculum Overview Leadership Development Programme Career Development Peter Zemsky The Eli Lilly Chaired Professor of Strategy and Innovation Deputy Dean, Degree Programmes and Curriculum Master in Finance Introduction Structure Curriculum Overview Career Development Executive Master in Coaching and Consulting for Change Introduction Curriculum Overview Student Profiles INSEAD Degree Progammes Alumni Network Alumni Profiles Connect with Us INSEAD is the original international business school and pioneer of the one-year MBA programme. Half a century on, we are still innovating. We were the first top management school to have two full-fledged campuses. Now we have three: Europe (Fontainebleau, France), Asia (Singapore) and Middle East (Abu Dhabi, United Arab Emirates) each region offering you new business perspectives and career opportunities. Over the past decade we have also extended our range of degrees to meet the needs of different participants. We offer a Global Executive MBA programme for experienced managers and two specialised Executive Masters one which is a Master in Finance, while the other is a Master in Consulting and Coaching for Change. Just like the full-time MBA, these modular programmes are intense, efficient methods to accelerate or reorient your career in a distinctively international context. Today we have further broadened that international scope by forging exchange and dual degree partnerships with top schools in the USA and China. Those who participate get not just one but two premium business education brands on which to build their futures. Most importantly, no matter which programme you choose, the international mix of world-leading faculty and high-achieving students in our classrooms will give you an intellectual and leadership edge. Learning in an environment where there is no dominant culture will open your mind to ideas and opportunities that you could never otherwise have imagined. And take it from our alumni you will have the most extraordinary fun at the same time. By the time you graduate from INSEAD, you will have the insights and the skills, the energy and the inspiration not to mention an unparalleled global network of around 50,000 friends and contacts across 170+ countries to achieve your ambitions anywhere in the world. We don t just say we are the Business School for the World. We live it. And so can you

3 The INSEAD Advantage Which INSEAD Programme is for You? 01 Diversity as a Source of Learning and Enrichment If you aspire to an international career, it s clear that a multicultural education is invaluable. Our approach will also maximise your learning by challenging your assumptions and broadening your perspectives. MBA Format Full-time Average Age 29 Average work 5 years experience Global Executive MBA Format Modular Average Age 37 Average work 13 years experience Independence as a Governance Principle Rigour and Relevance in Teaching and Research Closeness to the International Business Community This is what enables us to innovate on our students behalf for example, by establishing two new campuses in entirely different geographies in just one decade. At INSEAD you will have the opportunity to learn first-hand from world experts. In fact, we are consistently ranked as one of the best business schools for research globally. Due to INSEAD's presence in three world regions, the global coverage of our alumni network and the strength of our Executive Education, we have forged powerful corporate connections which will help to accelerate your career. Location Duration France or Singapore with exchange opportunities in the US and China 10 months Designed for early to mid-career professionals, this programme will develop your full potential and open doors to truly global career opportunities. Master in Finance Page 11 Format Modular Average Age 30 Average work 7 years experience Location Singapore and France Location Duration Format France, Singapore, Abu Dhabi or China months Designed for experienced professionals who wish to develop their leadership skills while they continue to advance their current careers. Modular Average Age 43 Average work 18 years experience Location France or Singapore Page 21 Executive Master in Consulting and Coaching for Change 05 Entrepreneurial Spirit We don t just demonstrate this through our own start-up culture. We offer a dazzling array of courses in entrepreneurship. It s no accident that around 50% of INSEAD alumni run their own companies at some point in their career. Duration 20 months Designed for professionals with work experience in a finance-related role who wish to deepen their understanding of the sector. Page 31 Duration 18 months Designed for senior professionals looking to increase their self and interpersonal awareness in order to be effective agents of organisational change. Page

4 INSEAD Degree Programmes Powered by Faculty and Research World Experts Thanks to INSEAD s global scope and commitment to research, we are able to attract academics who are leaders in their fields. Nearly all of our faculty have a PhD from one of the world s top business schools and a proven research record. As a result, you can expect to encounter powerful new ideas everyday on any of our degree programmes. Prominent Publications Blue Ocean Strategy, The Innovator s DNA, The Global Innovation Report or The 100 Best-Performing CEOs in the World these are just a few high-profile INSEAD titles that you might have encountered. Our professors are publishing constantly from articles in A-list academic journals to award-winning case studies for the classroom. Commitment to Teaching INSEAD has a distinctly strong teaching culture, with extensive training and mentoring for junior faculty. Our professors value student feedback and annual INSEAD teaching prizes as highly as academic citations and awards from learned societies. Multiple Viewpoints Diversity characterises our faculty as much as it does our student body. Nearly 150 professors from more than 35 countries are resident across our 3 campuses. They are great minds who think differently. That means you don t get just one answer at INSEAD. You get all the possible answers. Real-World Relevance Much more than just teachers and researchers, our faculty work as consultants and are board members for companies around the world. Many were practitioners or entrepreneurs before becoming professors. You ll see their names regularly in the international media and listings of business influencers, such as the Thinkers50. Hear more from our faculty

5 The power of the multicultural exchanges is off the chart. The two-way transfer of knowledge is very rewarding. Hal Gregersen American The Abu Dhabi Commercial Bank Chaired Professor of Innovation and Leadership Co-author of The Innovator s DNA Laurence Capron French Professor of Strategy The Paul Desmarais Chaired Professor of Partnership and Active Ownership Co-author of Build, Borrow, or Buy: Solving the Growth Dilemma I ve taught at a lot of business schools. Most of them talk about being global, but at INSEAD it s a reality. We understand the implications of working across three time zones, because we do it every day. That s why we re able to address the challenges of international business so well in our degree programmes. Within the classroom, there are usually 15 nationalities for every 20 participants. The power of the resulting multicultural exchanges is off the chart. On any INSEAD degree programme you learn to be a global business leader because you have to behave like one every day. INSEAD is a vibrant international and intellectual community. More importantly, our degree programme students all arrive with experience. Many have been through postmerger challenges, have worked in strategic consultancies or have helped to scale up an entrepreneurial firm. That means I can anchor my research in their experiences and enrich my own knowledge. The two-way transfer is very rewarding. Best of all, our degree participants are in a position to make a mark on businesses worldwide. More and more are becoming entrepreneurs or working in emerging markets. I just love the fact that they re using my research on how to grow companies to make an impact

6 Our Global Presence MBA Programme As one of the world s leading business schools and certainly the most international, INSEAD is well-placed to make an impact on your career. INSEAD is unique in having a three-campus structure, with one campus in Fontainebleau, France, one in Singapore and one in Abu Dhabi, United Arab Emirates. The campuses are equally diverse and all of them have world-class faculty in residence, and most programmes also give you the opportunity to spend time on more than one campus. Europe Campus Spread across 8 hectares, INSEAD s Europe Campus is located in the historic town of Fontainebleau, approximately 65 kms south of Paris. Nestled along the vast forest of Fontainebleau, the contemporary architecture of the campus blends perfectly with its natural surroundings and provides facilities of the highest standard. One year to challenge your thinking, change your outlook and choose your future Introduction Curriculum Overview Exchanges & Partnerships Career Development Asia Campus INSEAD has been in Singapore for over 30 years, with an official campus opened in October 2000, which firmly marked INSEAD s commitment to Asia, and the global learning environment. INSEAD s Asia campus is situated in the greenery of the Buona Vista area, Singapore s knowledge hub, and is just 25 minutes from the airport and 10 minutes from the financial district. Abu Dhabi Campus INSEAD s newest Campus is conveniently located in Abu Dhabi s business centre, just 25 minutes from the airport and 10 minutes from the Corniche. The new 12-storey, 6000 square-metre building, purposely designed for executive education, presents a whole new world of possibilities for management education in the Middle East

7 MBA Programme Our MBA programme is known as the most international and is also unquestionably one of the best. It has been ranked in the Financial Times global top ten for over a decade now. Even more impressively, INSEAD has achieved this with a programme that s just ten months long which means only one year of fees and one year out of the job market for its participants. Or, as our alumni put it, it s the best year of your life. And that brings us straight back to INSEAD s famous diversity. With around 80 nationalities every year none of them predominant you get a stimulating, collaborative and enjoyable learning experience that is hard to match. Another compelling reason to do an MBA at INSEAD, is that it enables you to make a significant career change, whether it's the industry sector, function or geography. In fact, our global footprint matches the global job market. Depending on your aspirations, you can start (or finish) in France or Singapore and, through our exchange programmes, also study in the USA or China. With dedicated career development staff across our two MBA campuses and an alumni network stretching across the entire world, you ll have more than 50,000 people to help you too! 10 11

8 A Cutting-edge, Real World Curriculum Curriculum Overview The 10-month MBA programme consists of five periods, each lasting eight weeks. At the end of every period, there is an assessment (exam, essay or project) and a short break. The first half of the programme is built around 14 core courses, which provide you with a solid understanding of the key management disciplines. The second half can be tailored to meet your specific needs and career objectives, as you choose 11 electives from a selection of more than 75 courses offered across both campuses and taught from an international perspective. And if you have a passion that s not covered by the list, you can pursue up to two electives worth of Independent Study Projects under faculty supervision. Electives are not confined to the classroom. Many take the form of international field trips to places such as India, China, Silicon Valley, Brazil, Israel and Russia, accompanied by a professor with regional expertise. And for the September intake, there is the opportunity for an extended field trip to our Abu Dhabi Campus, including real consultancy projects with companies in the region. Period 1 Financial Accounting Financial Markets & Valuation Organisational Behaviour I Prices & Markets Uncertainty, Data & Judgement Period 2 Corporate Financial Policy Marketing Management Organisational Behaviour II Managerial Accounting Process & Operations Management Period 3 Elective * Elective * Elective * Elective * International Political Analysis Macroeconomics in the Global Economy Period 4 Elective * Elective * Elective * Elective * Period 5 Elective * Elective * Elective * Strategy (P1 - P2) Business Ethics Career Orientation Job Search Strategies On and Off-Campus Recruitment / Job Search January intake only: internship / break Opportunity to take advantage of the campus exchange Periods 3-5 Elective Areas Accounting Decision Sciences Economics & Political Science Entrepreneurship & Family Enterprise Finance Marketing Organisational Behaviour Strategy Technology & Operations Management Others (Courses in areas such as ethics and communication) * For more information on academics and elective offerings go to mba.insead.edu/academics 12 13

9 It s very helpful for problem solving to have as many perspectives as you can. I chose INSEAD partly because the school has such a good reputation for entrepreneurship. Ana Blanco Loyo, MBA 13D Mexican Previous education: Masters in Engineering, Monterrey Institute of Technology and Higher Education Previous job: Industrial engineer in the chemical industry Gian Saratz, MBA 13D Swiss Previous education: Master of Science, ETH Zürich Previous job: Co-Founder, Nosh Delivery, China The INSEAD experience is exactly what I expected and more. I love the atmosphere. There are little things that I didn t expect though. For example, I now have a friend from Kyrgyzstan, which was a country I knew very little about! It s easy to assume that people see the world the same way as you do. So at first it can be a little scary that they don t and then it comes to make perfect sense. It s very helpful for problem solving to have as many perspectives as you can. You also realise how people with different experiences, strengths and weaknesses can complement each other. In our group, for example, whenever someone has difficulties understanding something, the others step in to explain. I m also very excited about going to Israel this summer for a study trip with one of the professors. It s an amazing chance to visit companies in a completely new region. And I m about to become co-president of the INSEAD Industry Club, which hopefully means I ll get to bring some new companies to campus during the recruitment season, in addition to the many who have already signed up. I chose INSEAD partly because the school has such a good reputation for entrepreneurship! Before the MBA, I worked at my own start-up business in China, and this year my business partner is overseeing the operations while I do the books and strategy from Singapore. We re just opening our third outlet in Shanghai and are thinking of taking the business nationwide. At INSEAD, I m learning about valuable frameworks and greatly appreciate being able to talk with the available Entrepreneurs In Residence. I also plan to choose lots of entrepreneurship classes when I get to the electives. The organisational behaviour classes were also a huge eye-opener. They made me realise that the critical success factors are human. Soft skills and team dynamics can either kill a project or turn it into a winner. And the INSEAD group assignment structure enables you to apply the organisational behaviour learning directly. The group work also teaches you not to take yourself too seriously it brings you down to earth in a good way. Read more MBA stories

10 Exchanges and Partnerships Career Development Student Exchanges The Wharton School Philadelphia, USA In addition to the dual campus exchange between France and Singapore, students can also choose one period to take electives at Wharton, one of the leading business schools in the US, located on the University of Pennsylvania campus in Philadelphia. This is a particularly interesting opportunity for students looking to develop their network and career prospects in North America. INSEAD participants at Wharton have full access to INSEAD's and Wharton s career management services during their time on campus. Kellogg School of Management Evanston, USA CEIBS (China Europe International Business School) Shanghai, China INSEAD students also have the opportunity to study at the Kellogg School of Management at Northwestern University in Evanston near Chicago, Illinois. This partnership provides greater choice for INSEAD students who want to spend some time at a US business school. Students will have access to both INSEAD s and Kellogg s career development resources while at Kellogg. The January intake now has the option of studying for one period (period 4 or 5) at CEIBS. They can choose their electives from CEIBS courses and have full access to CEIBS career services with its special expertise in China while in Shanghai. In addition, they have the option to join the CEIBS Alumni network. It is a great opportunity to explore the world s most dynamic economy from the inside and get a head start in doing business there. INSEAD s Career Development Centre, with dedicated specialist career staff on all three campuses in Asia, Europe and the Middle East serves the needs of students and recruiters. Students in each MBA class arrive from successful early careers in all sectors, functions and geographies and move on to even more successful careers in an even wider variety of destinations. Although typically 80% of graduates succeed in changing sector, function and/or geography, the balance between industries and countries shifts each year according to the global employment market. For the classes starting in January, summer jobs and internships are integrated into the services and the timetable. And, increasingly, for all classes, the Career Development Centre provides long-term support for alumni whose worldwide network is perhaps the most valuable career resource of all. Career Development activities in the MBA programme: Workshops covering all aspects of the career orientation and job search processes Dual Degree INSEAD-SAIS Dual-Degree Programme INSEAD and The Johns Hopkins University Paul H. Nitze School of Advanced International Studies (SAIS) have joined together to offer a dual MBA/MA degree programme. The dual-degree programme allows students from both schools to work toward completing the SAIS Master of Arts (MA) and the INSEAD MBA simultaneously, with the aim of preparing students for careers that combine international affairs and business administration. Students admitted to both programmes are able to complete the two degrees in two and half years, instead of the three years required to complete the degrees separately, by spending one and a half years at SAIS and one year at INSEAD. This is the advantage of INSEAD from the students perspective. It is an all-discipline, all-industry global management school that offers a real boost for your career. And we also pledge to support you from pre-programme online chats, through helping you find your vocation and start your job search, to securing the right job when you leave. Of course, many of these services also benefit recruiters, who can also choose to promote their brand on campus through sponsoring club activities or offering students project work as an alternative to electives. Career fairs and regular events, such as company presentations, panels, and networking evenings often run in partnership with student clubs Career treks and company visits covering a range of countries and industries On-Campus recruitment and interview preparation, CV book and online job platform Career counselling and coaching INSEAD career coaches and counselors are available to help students define their career paths more clearly in the short and long term 16 17

11 Global Executive MBA Programme Experience real-time transformation Introduction Structure Curriculum Overview Leadership Development Programme Career Development 18 19

12 Global Executive MBA Programme Our Global Executive MBA (GEMBA) programme is the highest-ranked single-school Executive MBA in the world and among the global top 10 in the Financial Times. It is just as international as our famous MBA programme, as it has an intake on each of INSEAD s campuses: Europe (France), Asia (Singapore) and Middle East (UAE). And, no matter where you choose to start, you will have the opportunity to study in all three regions. Why do people choose the INSEAD GEMBA over other top EMBA programmes? One reason is the modular format, which is designed to match the exact needs of busy, highly-experienced working executives. But most participants select the GEMBA to boost their careers and hone their leadership skills. INSEAD s unique Leadership Development Programme runs throughout the course, alongside the cutting-edge curriculum, and this is where we truly have the advantage. Tsinghua-INSEAD EMBA (TIEMBA) The dual-degree Tsinghua-INSEAD EMBA (TIEMBA) provides a fourth option for experienced executives in partnership with China s distinguished Tsinghua University. This unique programme ranked fourth in the Financial Times shares many features with the GEMBA, notably the chance to study at all three INSEAD campuses (plus the Tsinghua campus in Beijing) and the Leadership Development Programme. However, it has a special focus on China, with lessons that can be applied to other high-growth markets. Watch programme video

13 Programme Overview You can choose to complete the GEMBA in the way that best suits you. Most people opt to start on the INSEAD campus that s closest to home, but some decide to build their business travel around modules on the other side of the world. Whichever route you select, you will have the opportunity to study on all three campuses and come together as a single class for the second half of the programme. In addition to the time spent on campus, equivalent to 12 working weeks, you will also need to allow roughly 5 weeks in total for independent study: preparation for classes, writing a total of 6 essays, your final project and optional peer work-shadowing. This adds up to about 10 to 12 hours of homework per week. Programme Structure Asia Section Europe Section Middle East Section Campus Singapore Fontainebleau Abu Dhabi Length 17 months 14 months 15 months Days out of Office 51 days 60 days 59 days On-Campus Classes 12 weeks Core Courses August - May November - June October - May Format 1 module of 11 days + 7 modules of 4 days 2 modules of 2 weeks + 2 modules of 1 week 6 modules of 1 week Location Singapore 3 modules in Fontainebleau + 1 module in Singapore 5 modules in Abu Dhabi + 1 module in Singapore Electives July Format 1 module of 2 weeks Location Fontainebleau Key Management Challenges (KMC) August - October Format 2 modules of 1 week Location Choice of different locations Graduate Module * December Format 1 module of 2 weeks Location Singapore * Final KMC and Capstone business simulation Please visit our website for detailed class schedules

14 My new role will see me put my business training into practice to shape the strategy for the Middle East operations of my company. A Comprehensive Curriculum 11 Core Courses 4 Elective Courses The first half of the programme reviews, revives and expands your understanding of the fundamentals that all business leaders need. Each course culminates in an exam that tests not only your understanding of the key concepts but also your ability to apply them. These allow you to go into depth in your areas of interest during an intensive two-week session. GEMBA alumni can return for electives in subsequent years. Course Topics Corporate Finance Financial Accounting International Political Analysis Macroeconomics Management Accounting and Control Marketing Organisational Behaviour Prices and Markets Process and Operations Management Strategy Uncertainty, Data & Judgment Sample Course Options * Corporate Entrepreneurship: Building New Businesses Inside Established Firms International Financial Management Managerial Decision Making Negotiations Psychology of Leadership Khaled Fakhuri, GEMBA 12 Canadian, Palestinian VP Business Development and Strategy Energy Management I m an engineer by background and never had a great deal of solid business training. I was progressively promoted until the next stage was general management, so I started looking around for some suitable training and an EMBA seemed the best option. The GEMBA helped me advance my career in a way that would not have been possible before. Before the programme, I was Director of Construction Services at a professional technical services company. I have now moved to a new job as VP Business Development and Strategy at an MNC that specialises in electricity distribution, automation management and the production of installation components for energy management. My new role will see me put my business training into practice to shape the strategy for the Middle East operations of my company. 3 Key Management Challenges Off- Campus Assignments In the real world, management decisions don t always fit into the neat boxes of business school disciplines or company departments. Therefore we have designed these broad courses, which draw on core courses, electives and your own experiences. You will choose two core and one elective course topics on which to write implementation essays about putting your learning into practice. You will also write reflection papers on Sample Course Options * Entrepreneurial Leadership Identifying New Business Opportunities Innovation Your First 100 Days: Surviving the Management Buy-In your chosen Key Management Challenges with a view to improving your future management practice. In addition, there is a final project, usually based on a current issue at work. All of these assignments contribute to your overall grade. * Course List changes every year depending on demand and faculty availability 24 25

15 INSEAD was a safe place to try out different leadership styles. Leadership Development Programme A once-in-a-lifetime opportunity Yukiko Fujio, GEMBA 12 Japanese Executive Director, Strategy Banking I was considering doing a full-time MBA about five years ago and that s when I came across INSEAD, which I thought was unique because of its diversity and international network. I had friends and ex-colleagues who had gone to INSEAD and loved it. The trouble was, I was enjoying my job, so I kept procrastinating until it was too late. Then I realised that, by doing an EMBA, I could inject something new into my job. At that point, I discovered that INSEAD had a Global EMBA and that sealed it. When I applied, I was going through a couple of changes at work. I was adjusting to a broader role, as well as a new geography after having relocated from Japan to Hong Kong. I was also working in a multi-cultural setting. Through the Leadership Development Programme, I was able to work on a lot of things about myself that I had been wanting to address for a long time. INSEAD was a safe place to try out different leadership styles, and helped provide a framework and structure for what I was facing at work. While other schools provide leadership courses as part of the curriculum, INSEAD offers a programme-long customised process that follows and shapes your personal and professional development. This Leadership Development Programme (LDP), devised and run by INSEAD's Global Leadership Centre, combines a range of innovative activities to bring out the leader within you. Founded on the belief that leadership is much more than management, the LDP will give you the skills and awareness to understand your impact on others, to adapt your leadership style to the situation and to strike a balance between reflection and action. Ultimately, it will allow you to develop your own authentic way of leading. Together with your GEMBA colleagues and accompanied by an executive coach, you will be part of a learning group whose diverse members will support, encourage and challenge each other throughout the programme. Most GEMBA graduates remember the LDP as the highlight of the programme. But it is much, much more than a memory. The LDP culminates in an extensive personalised development plan, designed to continue your growth as a leader long after you have graduated. LDP activities include: Team-building exercises Group and individual coaching 360-degree feedback Leader Forums with top business leaders Peer shadowing with fellow participants 26 27

16 Career Development Tailored to Your Needs Master in Finance In parallel to the Leadership Development Programme, INSEAD s Career Development Centre offers you customised support. We address both your internal career needs (thriving and progressing within your present organisation) and your external career needs (making a change by moving on). In both cases, INSEAD is recognised by companies worldwide as a key source of both career development and new talent. In particular, the activities concerned with defining professional career goals are open to all GEMBA participants. Using a variety of effective tools and frameworks, we support you in the process of self-assessment, reflection and discovery. Our career professionals are there to help you achieve not simply greater success but also stronger personal fulfilment for the future. The services provided by the Career Development Centre include: Workshops Webinars Career coaching One-to-one advice sessions GEMBA CV book Preparing Financial Leaders Introduction Structure Curriculum Overview Career Development 28 29

17 Master in Finance We have taken INSEAD s long expertise in developing international business leaders, added our faculty s established mastery of finance and combined them to create a programme like no other. First, the Master of Finance is modular designed for professionals with at least four years experience, who want to continue their careers in banking, investment or corporate finance while they learn. That makes it unusual. Second, it embeds rigorous, high-level finance and accounting skills in a truly global context. That makes it even rarer. Third, in every session, it integrates technical expertise and international perspectives with the leadership skills that the industry needs. And that makes the INSEAD Master in Finance unique. Put simply, our goal is to prepare the financial leaders of the future. If that matches your career aspirations, the INSEAD Master in Finance is the programme you have been looking for. Watch programme video

18 Programme Overview INSEAD professors aren t just smart: they know how to make their subject engaging too. The Master in Finance programme is held over 20 months and across 2 continents, in 5 modules of 2 3 weeks each. More than that, the months between the modules enable you to apply what you learn and then bring your experiences back into the classroom for expert analysis. This is theory and practice in perfect synergy. In addition to the 12 weeks on campus (4 modules in Singapore and 1 in France), you can expect to do the equivalent of 5 weeks' full-time work off campus: reading, writing, solving problems and cementing the links between your learning and your work. Programme Length Modules On-Campus Learning 20 months 5 12 weeks Emily Guo, MFIN 14 Chinese Asian Fund Sales CitiCorp Investment Banking Structure Module 1 Core Courses Module 2 Core Courses Module 3 Concentration Module 4 Electives Module 5 Capstone Month May Sep Feb Jun Nov Duration 3 weeks 3 weeks 2 weeks 2 weeks 2 weeks Campus Asia Asia Asia Europe Asia Although I trained as an engineer, I developed a passion for finance during my first internship for a local bank. It s a very similar process if you think about it turning real life into mathematical models! Initially, I looked at doing an MBA. But, as soon as I heard about the INSEAD Master in Finance, I knew it was exactly what I wanted: modular, and with a focus on leadership skills, not just technical training. At INSEAD I get industry expertise from academics who are the top researchers in their field. The programme also offers us the opportunity to meet INSEAD EMBA and MBA students on campus. The first module was an exciting experience, but very intense. My initial reaction was: Wow, doing a master s is no joke! But in fact, it turns out that every single professor has such a great sense of humour! INSEAD professors aren t just smart: they know how to make their subject engaging too

19 A Focused Curriculum Corporate finance and the financial markets and their foundations in accounting are at the heart of the INSEAD Master in Finance Programme. Each topic is viewed through the same international lens and placed in the wider context of leadership. Finance Core Courses Topics Covered Asset Pricing Models Capital Budgeting Capital Markets Company Valuation Corporate Finance Distressed Restructuring Dividend Policy Equity and Debt as Derivatives Forwards and Futures Initial Public Offerings Interest Rate Risk Leveraged Buyouts Market Efficiency Mergers and Acquisitions Accounting Core Courses Topics Covered Optimal Capital Structure Options Portfolio Theory Share Repurchase Swaps Time Value of Money Yield Curves and Bond Valuation Accounting Analysis and the Equity Method of Accounting Accounts Receivable and Marketable Securities Balance Sheet and Income Statement Concepts Corporate Financial Reporting Deferred Taxes Inventories Leases Long-Lived Assets and Liabilities Ratio Analysis Shareholders Equity Statement of Cash Flows Valuation You can expect to experience case studies, lectures, computer simulations, role plays and group work selected by our expert faculty to match the subject matter and maximise your learning. Concentration Courses Specialise in One Advanced Corporate Finance Examples of topics covered Advanced Valuation Internal Corporate Finance Project Finance Venture Capital Finance OR Advanced Financial Markets Examples of topics covered: Asset & Liability Management in Banking Equity Investments Fixed Income and Credit Derivatives Options and Derivatives Elective Courses A Broad Choice, Evolving with the Industry Itself Examples of electives: Asia-Pacific: Trends and Development in Finance and Business Behavioural Finance Integrated Risk Management and Practice Private Banking Private Equity Relationship Management and Development Capstone Module Build on the Learning and Link to the Practice Financial Negotiation Global Financial Services and Asset Management Strategies, Prospects and Trends Leadership Management Communication in Finance It makes a huge difference to have such a wide range of professional experiences in the classroom. Robert Scheer, MFIN 14 German Investment Banking Associate I have a great job in a great team, so I didn t want to abandon it for full-time study. Also, I work in a field that s project-based, so weekend programmes were not suitable for me. And the fact that the course takes place far away from home is an advantage as this allows me to better focus on it. Before I started the programme I was wondering how I d stay awake for an entire day of classes, but it was an absolute pleasure to attend them. It makes a huge difference to have such a wide range of professional experiences in the classroom and such mature classmates from all over the world. We re always sharing experiences, which makes learning far more interesting. And the faculty are extremely good at facilitating this process. The modules are very intense with exams at the end but we do get a little time for relaxing and building a network over weekends. And it s great to be studying in Singapore, which is as international and fast-changing as finance itself! 34 35

20 Professional Support for Your Career All of our Master in Finance students are already set on a successful career trajectory. But they still benefit from the reflection, guidance and industry specialists provided by the INSEAD Career Development Centre. After all, corporate finance and investment are among the most rapidly changing fields on the planet. Defining Professional Career Goals We offer all students a series of activities including workshops, discussions and one-to-one coaching sessions to help you bring into focus your individual goals for professional development. Finding the Right Job: for Self-Sponsored Students only If you are self-sponsored you may be looking to leverage the Master in Finance to make a transition. The Career Development Centre not only has in-depth industry knowledge; it can also help with CV writing, letter drafting, interview skills and job-market research, and put you in touch with their dedicated sector advisor for the finance industry. And, as this is INSEAD, we have links with companies on every continent. Executive Master in Consulting and Coaching for Change Creating Reflective Change Agents Introduction Curriculum Overview Student Profiles 36 37

21 Executive Master in Consulting and Coaching for Change The INSEAD Executive Master in Consulting and Coaching for Change (EMCCC) takes you deep into the basic drivers of human behaviour and the hidden dynamics of organisations. Integrating business education with a range of psychological disciplines, the programme enables you to understand yourself and others at a fundamental level preparing you to assume significant roles in leading organisations, individual and organisational development and change management. On an individual level, the insights and clarity gained from the programme will greatly increase your ability to manage people-related issues that affect business performance. By being able to create a fit between people, the organisation and corporate goals, you can make a significant contribution to developing the business. In the process, you will transform yourself into a reflective and powerful agent of change. Watch programme video

22 A Varied yet Intense Curriculum Whether you choose to do the Executive Master in Consulting and Coaching for Change in Fontainebleau or Singapore, you will be in a class limited to 36 participants and cover the same curriculum. Module 1 Building Foundations Conduct an initial assessment of your own organisation Learn to use psychodynamic and other psychological concepts to explore the hidden dimensions of yourself and organisations Open the door to exploring the unknown Module 2 Interpersonal Perspectives Make sense of your inner theatre Learn to understand both your own and others emotions Increase your ability to recognise and diagnose key behaviours Discover techniques to regulate your emotions Module 3 Organisational Family Systems Develop your ability to apply family systemic thinking in coaching and consulting Build your appreciation of the influence that your family has on you and your work Gain an understanding of the unique business and interpersonal challenges of advising familyowned businesses Module 4 Leadership Dynamics Engage in comprehensive 360 feedback exercises examining your professional and personal leadership style as well as a personality audit Use these insights to develop a personal leadership development plan Understand the nuances between effective and ineffective leadership styles Better understand how to create highperformance teams As well as attending 8 on-campus modules of 3 4 days, you will need to complete 50 hours of coaching and/or consulting practice and a final thesis. In addition, there is reading, written work and phone contact between modules. Module 5 Groups and Teams Increase your understanding of group decision making, influence processes and multi-party team dynamics through an experiential learning simulation Learn to increase cohesiveness and effectiveness regarding tasks Understand the roles you play in a team and practise team coaching Module 6 Organisational Change Address the challenges of diagnosing and changing behaviour in organisations Gain insights into change from both classical and clinical perspectives Engage in an in-depth case consultation by presenting your change-management study Module 7 Human Behaviour Dynamics from the Organisational and Macro Perspectives Learn about macro and organisational dynamics such as power and politics, social networks, and organisational culture Keep up-to-date with the most recent research, new trends and perspectives through members of INSEAD's and visiting schools' faculty Use the skills and knowledge that you have acquired over the previous modules to better understand the process of human and organisational development Module 8 Transformational Perspectives Navigate career transition Implement the new perspectives you have gained to develop a unified and integrated change process Supervised Consulting and/or Coaching Practicum Candidates will be required to fulfil a total of 50 academic hours via various practicum experiences designed to apply the course content and bring the clinical perspective alive. The topics for the practicum activities are: 1. Executive exchange - shadowing a colleague at his/her place of work and being shadowed 2. Conducting an organisational observation/ diagnosis in an organisation other than your own 3. Consultation/intervention - individual, team or organisational Master Thesis During Module 5, you will be given advice about choosing your thesis topic. It should be meaningful for you, interesting to a wider audience and applicable to real-life practice. During Modules 6, 7 and 8 you will receive further support, including workshops on methodologies and one-to-one sessions with an expert thesis tutor. Finally, you will need to write and submit your thesis

23 If you want to work with the best people in the field of organisational change, this is the place. After only two modules, this has greatly increased my self-awareness and I am already seeing benefits at work. Thomas Barta, EMCCC 12 German Marketing Leadership Coach and Consultant Susan Zhang, EMCCC 13 Chinese Senior HR Director In my former role as a partner at McKinsey & Company, I was also a leader of the firm s largest internal senior leadership programme. It turned out to be one of the coolest things I d ever done and I decided to get a thorough grounding in the field. I can confirm the EMCCC was an absolutely unique experience. The quality and rigour of the teaching stand out. If you want to work with the best people in the field of organisational change, this is the place. I currently run my own independent leadership practice and spend half my time advising clients, and the other half researching and writing about leadership in marketing. INSEAD helps with both activities: it s a brand that adds to my credibility with clients and a unique network that gives me access to ideas and thinkers. My ambition is really to leverage my learning at INSEAD to help more and more people develop. As an HR manager, I see so many people struggling with their careers and organisational change. The multicultural aspect of the EMCCC programme is also very important to me. I am Chinese and working in China but for a multinational company with international colleagues. The programme really is very different from anything else on the market. It is a unique way to look deep into yourself and experience a change journey, which will definitely help when you try to help others to become effective leaders and contributors. After only two modules, this has greatly increased my self-awareness and I am already seeing benefits at work

24 INSEAD Degree Programmes Alumni Network Alumni Profiles Connect with Us 44 45

25 Welcome to the World s Most International Alumni Network Joining INSEAD gives you access to a truly global network of contacts: more than 45,000 business leaders in 170+ countries. Of course, other leading schools have alumni scattered throughout the world, but we have a critical mass in more locations than any other. In fact, there are 39 countries where we have over 100 alumni. We offer many easy ways to plug into this worldwide web of contacts, including National Alumni Associations, an online networking platform and a range of events, including regular reunions back at INSEAD. Our participants are always impressed by the network they acquire during the programme and then amazed by the benefits of belonging to an even wider network once they graduate. Fontainebleau Abu Dhabi Singapore Key: Campuses Alumni Networks ( >100 Alumni ) Alumni Networks ( >10 Alumni ) 800+ EMBA Alumni 45,000+ INSEAD Alumni in 170+ Countries 43 National Alumni Associations and One International Alumni Association 46 47

26 Our Alumni In my current role, I find that everything I learnt at INSEAD is still very applicable. While I learnt a lot from the classes, I learnt even more from my fellow students. Alan Heng Loon Chan, MBA 83D Singaporean CEO of Singapore Press Holdings INSEAD provided a great insight into the importance of cross-cultural perceptions and prepared me for my career in the subsequent years. What struck me particularly was the diversity of the participants, with their varied backgrounds and different ways of looking at problems. The INSEAD experience gave me the confidence to examine issues from an economic and business perspective. This has helped me in my civil service career with the Singapore government and also prepared me for board memberships in various organisations. In my current role as CEO of Singapore Press Holdings, I find that everything I learnt at INSEAD is still very applicable. Imoni Akpofure, MBA 94D Nigerian Director, Western Europe at International Finance Corporation Prior to my INSEAD MBA, I was a civil engineer earning a basic engineer s salary and expecting to continue in engineering after graduation. However, my time at INSEAD opened up a world of possibilities which has allowed me, less than 20 years later, to be a Director in the World Bank Group - three levels from the top within my organisation. There were so many highlights in the programme but the best memories I have are of spending time with highly intelligent and fun people who had experiences that were so different from mine. While I learnt a lot from the classes, I learnt even more from my fellow students. INSEAD filled in the gaps in my business knowledge, and gave me a truly global perspective. INSEAD gave me the ability to manage efficiently and respectfully across cultures. Vivienne Cox, MBA 89D British Chairman of Conseil de Surveillance, Vallourec; non- Executive director at Rio Tinto, BG Group, Pearson plc I am sure that my MBA gave me confidence to take on widely different roles; from running all of BP s trading businesses, to being the CEO of Air BP which refuels aircraft in 92 countries around the world. INSEAD filled the gaps in my business knowledge, and gave me a truly global perspective. Best of all though were the people - smart, diverse, challenging. And if it weren t for my INSEAD experience, I suspect I wouldn t be the Chairman of one of France s leading companies today! In those days INSEAD only had the campus in Fontainebleau, but living in France for a year just reinforced my love of the country and that is why I joined the board of Vallourec two years ago, never expecting that they would ask me to chair the company. And of course, it was the friends that I made at INSEAD that I turned to for advice when I was approached to do the job! Laurent Aymard, EMBA 04 French Chief Financial Officer, Yves Saint Laurent (PPR Group) The INSEAD Executive MBA was instrumental for me to succeed in the challenge I undertook a few months after graduation: leaving a corporate finance role within a European-centered firm and moving into a senior executive position at Yves Saint Laurent - a multicultural, global organisation - which at the time was facing a deep turnaround situation. In my new role, I had to lead large teams spread across the world, build vision and plans for the future and go beyond the boundaries of a finance role to reorganise the operational side of the business. INSEAD gave me confidence and prepared me for the very fast and multicultural world of fashion retailing, but even more importantly, it gave me the ability to manage and interact efficiently and respectfully across cultures. These skills helped me to transform the company into what it is now - a successful, fastgrowing and very profitable luxury brand

27 Other INSEAD Programmes Executive Education We have 40+ open-enrolment programmes for executives. Options range from a 3-day course for first time managers, through a variety of one-to-two-week specialised courses, to longer general management programmes such as the Management Acceleration Programme (3 weeks) and the Transition to General Management (4 weeks). PhD Programme Our four-to-five-year doctoral programme is designed to train future business school academics. It is highly competitive and offers full tuition scholarships plus bursaries for living costs to all successful applicants. For more information, please visit For more information, please visit Connect with Us Meet Us Throughout the year, we host events worldwide as well as online. Join us at one of these to learn more about our programmes, or to meet faculty and alumni. We would also be delighted to meet you on one of our campuses to discuss our programmes in more detail. Call or Us: MBA programme: Tel: +33 (0) Tel: Tel: [email protected] Executive MBA programme: Tel: +33 (0) Tel: Tel: [email protected] Master in Finance: Tel: +33 (0) Tel: Tel: [email protected] Executive Master in Consulting and Coaching for Change: Tel: +33 (0) Tel: Tel: [email protected] Visit Us Online INSEAD 2013 Degree Programmes Design: Method 2014 Media Pte Ltd 51

28 INSEAD Europe Campus Boulevard de Constance Fontainebleau Cedex, France Tel: +33 (0) Fax: +33 (0) INSEAD Asia Campus 1 Ayer Rajah Avenue Singapore Tel: Fax: INSEAD Abu Dhabi Campus 4th Street - Muroor Road P.O. Box Abu Dhabi, United Arab Emirates Tel: Fax: