43
In Profile 2005
Europe CampusBoulevard de Constance77305 Fontainebleau CedexFrance
Tel: +33 (0)1 60 72 40 00Fax: +33 (0)1 60 74 55 00/01
Asia Campus1 Ayer Rajah Avenue138676 Singapore
Tel: +65 6799 5388Fax: +65 6799 5399
The figures contained in this booklet are correct as of December 2004, unless
otherwise indicated.
Printed by INSEAD 02/05
www.insead.edu
Photo creditsRobin Grierson, Oistin Mac Bride, Liselott Nissen, PSV Morel, P. Aubry
Design and artwork byTimothy Guy [email protected]
In Profile
2005
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INSEAD is today one of the world’s largest top-tier graduatebusiness schools. Founded in Fontainebleau, France, in 1957,we remain unique in the cultural diversity of our participants,faculty and staff, which we continue to develop through ourphysical presence on three continents.
Leveraging our campuses in Europe and Asia, and our alliancewith the Wharton School in North America, we maintain and promote a non-dogmatic learning environment in which to educate and inspire tomorrow’s business leadersand entrepreneurs.
As a truly independent entity, both self-funded andunaffiliated with a larger institution, we at INSEAD value our autonomy. In fact, the entrepreneurial spirit that led tothe school’s creation remains one of our key values and agrowing area of academic research here. It is this belief in the ability of individuals to drive management change andinnovation that motivates our teaching, research andcloseness to the international business community.
Welcome to our school!
1
Welcome from the Dean
Gabriel HawawiniDean
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2
1957 INSEAD founded, three months after the Treaty of Rome.
1960 First MBA graduates in Fontainebleau: 52 participants from
14 countries.
INSEAD Alumni Association created.
1968 First executive education development programme.
1969 Opening of the school’s campus in Fontainebleau.
1971 Creation of CEDEP, the European Centre for Continuing
Education.
1974 First programme on Asian business.
1976 Launch of the INSEAD Alumni Fund.
1980 INSEAD Euro-Asia Centre opens in Fontainebleau.
1989 Launch of the PhD programme.
1995 Launch of the first INSEAD development campaign.
2000 Official opening of the INSEAD Asia Campus.
First Singapore MBA class: 53 participants from 26 countries.
INSEAD’s first development campaign achieves €120 million in
corporate and private sponsorship.
2001 Announcement of the INSEAD-Wharton Alliance.
2003 Launch of the INSEAD Executive MBA programme: 54
participants from 22 countries.
2004 Opening of the Plessis Mornay Learning Space in Fontainebleau.
Launch of the second development campaign: “The INSEAD
Campaign: a business school for the world.”
INSEAD Milestones
“We believe in the role of business as aforce for improving people’s lives.”
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◆ One-year full-time MBA programme: 870 participants,representing more than 70 countries
◆ The second INSEAD Executive MBA Programme begins with 58 participantsfrom 26 countries
◆ Executive education programmes: More than 7,000 participants per year,representing more than 90 countries and 2,000 companies
◆ PhD in Management: 71 participants, representing 24 countries
◆ Two fully integrated campuses in Asia and Europe
◆ Academic alliance with the Wharton School
◆ 16 research centres and initiatives
◆ 29 endowed chairs
◆ Faculty: 144 permanent and approximately 50 visiting, representing 31 countries
◆ Alumni: more than 32,200 present in 150 countries
◆ Staff: 505
All figures refer to both campuses, unless otherwise stated.
2000 2001 2002 2003 2004
Faculty members 135 145 141 147 144
of whom are resident faculty on
Asia Campus 14 19 25 31 33
R&D output
Books 15 20 24 19 14
Papers in journals 89 111 106 93 105
Case studies 61 67 89 123 110
MBA Programme participants 681 773 836 829 870
of whom started on Asia Campus 53 114 244 244 281
EMBA Programme participants 54 56
Executive Education
Number of weeks 365 378 364 374 426
of which given in Asia 60 72 74 73 94
PhD students 52 58 66 73 71
Financial (in € millions as of August 31)
Revenues 80 94 102 114 126
Cash flow from operations 2 5 10 17 20
Endowment (market value) 44 41 43 51 56
INSEAD Today
Five-year overview
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As an educational institution, our mission is to promote a non-dogmatic
learning environment that brings together people, cultures and ideas from
around the world, changing lives, and helping transform organisations through
management education.
◆ Through teaching, we develop responsible, thoughtful
leaders and entrepreneurs who create value for their
organisations and their communities.
◆ Through research, we expand the frontiers of academic
thought and influence business practice.
4
Our Mission
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Diversity as a source of learning and enrichment
We are free from any dominant culture or prevalent dogma. We are open
to and respectful of other views. We learn through the exchange of ideas
and experiences.
Independence as a governance principle
We believe in intellectual freedom and are autonomous in our financial,
institutional and academic planning and decision-making process.
Rigour and relevance in teaching and research
We encourage diversity in research and teaching methods, with no single
school of thought or methodology predominating. What matters is rigour and
impact on management as an academic discipline, on business practice and in
the classroom.
Closeness to the international business community
We partner with the international business community to explore and
disseminate management knowledge. We believe in the role of business as a
force for improving people’s lives.
Entrepreneurial spirit
We are willing to experiment and innovate. We are ready to take risks and
manage well the results of our actions.
5
Our Values
Nick Barniville Director of Communications
Tel: +33 (0)1 60 71 26 94
Contact
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THE BOARD OF DIRECTORSas of January 17, 2005:
Honorary Chairman Claude Janssen, Chairman of the
International Council
Chairman Cees J. A. van Lede, Member of the
Supervisory Board, Akzo Nobel NV
Vice-Chairman Claude Rameau, Professor Emeritus,
Former Dean of INSEAD
Members
Rolf Abdon, Chief Executive, Abdon Mills; Chairman, INSEAD Alumni Fund
Helen Alexander, Chief Executive, The Economist Group
Roland Berger, Chairman and Global Managing Partner, Roland Berger &Partners GmbH
Baron Berghmans, Chairman of the Executive Committee, Lhoist Group
Ana Patricia Botín, Presidente, Banesto
J. Frank Brown, Global Leader, Advisory Services, PricewaterhouseCoopers LLP
Michael Butt, Chairman, AXIS Capital Holdings Ltd; Chairman of the Campaign Board
John S. Clarkeson, Chairman, The Boston Consulting Group Inc
Paul Desmarais Jr, Chairman and Co-CEO, Power Corporation of Canada
Dr Jean-Pierre Garnier, Chief Executive Officer, GlaxoSmithKline
Claire Gouzouli, Partner, First Consulting Ltd; President of the INSEAD Alumni Association
Frederik W. Huibregtsen, Senior Counsellor, PricewaterhouseCoopers NV
Baron Daniel Janssen, Chairman of the Board of Directors, Solvay SA
Barbara Kux, Chief Procurement Officer, Koninklijke Philips Electronics NV
Igor Landau, Director, Sanofi-Aventis SA
Sir Andrew M.B. Large, Deputy Governor, Bank of England
BG Lee Hsien Yang, President and CEO, Singapore Telecom
Charles Mackay, Chairman, TDG plc
Georges Muller, Chairman of the Board, Bearbull (Suisse) SA
6
Our People and Governance
The school is governed by a board of directors and managed by the Dean.
Four committees support the Dean in the management of the school: the
Committee of Deans, the Operations Committee, the Committee of External
Relations and the Committee of Area Coordinators.
The school is also supported in its mission by its three major international
networks: the International Council, the Advisory Committee for Management
Education and the INSEAD Alumni Association – and by several legally
independent foundations.
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Rob J. Routs, Group Managing Director, Royal Dutch/Shell Group of Companies
Dr Ronaldo Schmitz, Former Member of the Board of Managing Directors,Deutsche Bank AG
Ernest-Antoine Seillière, Président, Wendel Investissement; Président, MEDEF(Mouvement des Entreprises de France)
Lord Simon of Highbury CBE
Paul Skinner, Chairman, Rio Tinto plc
Teo Ming Kian, Chairman, Economic Development Board
Dr Shoichiro Toyoda, Honorary Chairman, Member of the Board, Toyota MotorsCorp Ltd
François Vachey, Executive Vice President, Human Resources, L’Oréal; Presidentof CEDEP
Dr Daniel L. Vasella, Chairmand & CEO, Novartis AG
Philippe Vindry, Président du Groupe HEC
Christian Vulliez, Conseiller du Président de la CCIP, Chambre de Commerce etd’Industrie de Paris
Permanent invitees from INSEAD:
Dr Gabriel Hawawini, Dr Arnoud De Meyer, Dr Landis Gabel, Dr Erin Anderson,
Dr Anil Gaba, Mrs Martine Vassy
THE MANAGEMENT OF THE SCHOOL
Dean Gabriel Hawawini
THE COMMITTEE OF DEANS
Its role is to support the Dean of INSEAD in the definition and implementation
of the academic and strategic directions for the school and to act as an
advisory body to the Dean and the Dean of Faculty on all matters related to
faculty management.
Gabriel Hawawini Dean (Chair)
Arnoud De Meyer Deputy Dean, Dean of Administration and External Relations
Landis Gabel Deputy Dean, Dean of Faculty
Soumitra Dutta Dean of Executive Education
Antonio Fatás Dean of MBA Programme
Anil Gaba Dean of Faculty and Research, Asia Campus
Hubert Gatignon Dean of PhD Programme/Wharton Alliance
Dominique Héau Associate Dean of Executive MBA Programme
Hellmut Schütte Dean of Asia Campus
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THE OPERATIONS COMMITTEE
This committee brings together senior administrative directors in charge of
day-to-day operations, in order to maintain and improve participant satisfaction,
faculty support, and employee motivation within financial and legal constraints.
Eric Ponsonnet Director of Operations and Administration (Chair)
Eric Daguet Director of Information and Telecommunication Systems
Arnoud De Meyer Deputy Dean, Dean of Administration and External Relations
Sylvain Daudel Director of the Executive MBA Programme
Betty Flasch Director of Human Resources
Isabelle Jauny Director of Faculty Affairs
Fadi Mehio Director of Campus Services
Albert Nguyen Control and Audit Manager
Narayan Pant Associate Dean of Executive Education, Asia Campus
Doris Sohmen-Pao Director of the MBA Programme
Suzanne Weeks Director of Open-Enrolment Programmes
THE COMMITTEE OF EXTERNAL RELATIONS
The role of this committee is to coordinate the school’s marketing activities aswell as its internal and external communications and relations with outsideconstituencies.
Claire Pike Secretary General, Director of External Relations (Chair)
Nick Barniville Director of Communications
Sylvain Daudel Director of the Executive MBA Programme
Arnoud De Meyer Deputy Dean, Dean of Administration andExternal Relations
Joelle du Lac Director of Alumni Relations
Ian Edwards Executive Director of Development
Gabriel Hawawini Dean
Isabelle Jauny Director of Faculty Affairs
Narayan Pant Associate Dean of Executive Education, Asia Campus
Hellmut Schütte Dean of Asia Campus
Doris Sohmen-Pao Director of the MBA Programme
Suzanne Weeks Director of Open-Enrolment Programmes
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THE COMMITTEE OF AREA COORDINATORS
The Committee of Area Coordinators represents the faculty in general in
academic matters of relevance to them. It serves as a channel of
communication between area members and the academic administration and
as a faculty recruitment committee. It also complements the direct faculty
involvement with the Dean that comes via faculty meetings.
Landis Gabel Deputy Dean, Dean of Faculty (Chair)
Ex-officio: Anil Gaba, Gabriel Hawawini, Isabelle Jauny
Ben Bensaou Asian Business and Comparative Management
Philippe Delquié Decision Sciences
Gareth Dyas Strategy
Morten Hansen Entrepreneurship and Family Enterprise
Herminia Ibarra Organisational Behaviour
David Midgley Marketing
Deigan Morris Accounting and Control
Tim Van Zandt Economics and Political Science
Theo Vermaelen Finance
Enver Yücesan Technology and Operations Management
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INTERNATIONAL NETWORKS AND FOUNDATIONS
THE INTERNATIONAL COUNCIL (IC)
The International Council is INSEAD’s forum for maintaining top-level dialogue
between the School and the international business community. Its mission is to:
◆ Counsel and support INSEAD in its major policies and
strategic direction.
◆ Help INSEAD achieve its mission to promote an open
learning environment that brings together people, cultures
and ideas from around the world.
◆ Maintain contact with and recognise the wide range of
individuals, institutions and corporations with whom
INSEAD is connected around the world.
The IC is composed of 390 chairpersons, chief executives, board members and
owners of major corporations who are members of one of 23 National
Councils, or members of the Council at large and the Board.
Honorary Chairmen Sir David Scholey, Senior Advisor,UBS Investment BankPierre Simon, President, CCIP
Chairman Claude Janssen, Honorary Chairman of the INSEAD Board
National Council Presidents
Australia Mark Johnson, Deputy Chairman,
Macquarie Bank Ltd
Austria Dr Franz J Leibenfrost, Chairman,
Eisenwerk Sulzau Werfen- Weinberger AG
Belgium Baron Berghmans, Chairman of the Executive Board,
Lhoist Group
Brazil Antônio Roberto de Azevedo Muller, Board Member,
Dedini S/A Indústrias de Base
Canada Daniel Y Labrecque, President & CEO,
NM Rothschild & Sons Canada Ltd
Denmark Jan Oscar Frøshaug, Chairman,
Scandinavian International Management Institute
East Asia Dr David K P Li, Chairman and Chief Executive,
The Bank of East Asia Ltd
Finland Dr Krister Ahlström, Chairman of the Board,
Ahlstrom Corp
10
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France Ernest-Antoine Seillière,
Président, Wendel Investissement; Président, MEDEF
(Mouvement des Entreprises de France)
Germany Prof Roland Berger, Chairman of the
Supervisory Board,
Roland Berger Strategy Consultants GmbH
Italy Luca Garavoglia, Chairman of the Board of Directors,
Davide Campari Milano SpA
Japan Taizo Nishimuro, Chairman of the Board,
Toshiba Corporation
Netherlands Dirk Verbeek, Chief Executive Officer,
Aon Risk Services International
Norway Jens P Heyerdahl d.y.
Orkla ASA
Portugal Dr Antonio Horta Osorio, Executive Vice President,
Santander Central Hispano
Singapore Teo Ming Kian, Chairman,
Singapore Economic Development Board
South Africa M Cyril Ramaphosa, Shanduka Group
Spain Jaime Carvajal Urquijo, Presidente,
Advent International
Sweden Carl Bennet, Chairman of the Board,
Elanders AB
Switzerland Guy Wais, General Manager / Member of the
Management Committee,
Rothschild Bank AG
United Kingdom Christopher A Bielenberg, Chairman,
REL Consultancy Group Ltd
USA J Frank Brown, Global Leader Advisory Services,
PricewaterhouseCoopers LLP
West Coast Eric Benhamou, Chairman,
Benhamou Global Ventures
11
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THE ADVISORY COMMITTEE FOR MANAGEMENT EDUCATION (ACME)
The Advisory Committee for Management Education ensures that INSEAD
remains at the leading edge of management education by virtue of its
understanding of business needs in this area. Its role is to:
◆ Advise INSEAD on the needs and trends in
management education.
◆ Provide feedback on existing and planned INSEAD
programmes and policies.
◆ Comment on INSEAD’s research and development agenda.
ACME comprises senior human resources professionals from 100 major
corporations across a spectrum of industries and sectors.
THE INSEAD ALUMNI ASSOCIATION (IAA)
The INSEAD Alumni Association is an international entity that, in partnership
with the school, is dedicated to the support and engagement of the school’s
alumni worldwide. Alumni are mobilised to support each other and the
strategic and financial goals of the school.
There are today national alumni associations in 41 countries and informal
networking groups in another 11 countries. The now more than 250 volunteers
contributing to the national associations, the regional activities and a variety
of clubs and interest groups are living proof of the strength of the global
alumni network.
President Claire Gouzouli, MBA’85D
NATIONAL ALUMNI ASSOCIATION PRESIDENTS
Argentina Roberto Werner, MBA’76
Australia/New Zealand Jill Atherton, MBA’90J
Austria Wolfgang Fenkart-Froeschl, MBA’71
Belgium Karsten M De Clerck, MBA’91J
Brazil Bernd Rieger, MBA’73
Canada Philippe Castonguay, MBA’89J
Chile Andrew Hanff, MBA’99J
China Eric Guichard, MBA’91J
Croatia/Slovenia Co-President
Hrabren Suknaic, MBA’02JCo-President
Sinisa Laban, MBA’92D
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Czech Republic Philip Staehelin, MBA’99D
Denmark Christian Brylle, MBA’95D
Egypt (in creation) Emad Barsoum, MBA’95D
Finland Jukka Kaario, MBA’91J
France Jean Du Lac, MBA’85J
Germany Carl Pfeffer, MBA’90D
Greece Athina Dessypri, MBA’87J
Hong Kong Paul Skipworth, MBA’95J
Hungary Ervin Szücs, MBA’98J
India Meera Hiranandani Sanyal, MBA’83D
Ireland (in creation) James Martin Kelly, MBA’90D
Israel Doron Nahmias, MBA’82
Italy Domenico Cavaliere, MBA’88J
Japan Yutaka Nakamae, MBA’78
Korea Jean-Luc Scalabre, MBA’84J
Lebanon Joe Issa El-Khoury, MBA’86D
Luxembourg Jacques Prost, MBA’88J
Mexico Manuel Reta, MBA’92D
Monaco Daniele De Winter, MBA’93J
The Netherlands Carsten De Koning, MBA’89D
Norway Jon Slorer, MBA’99D
Poland Jaroslaw Sebastian Bachowski-Ciura, MBA’98J
Portugal Diogo António Rodrigues Da Silveira, MBA’89J
Russia Alexei Khoudiakov, MBA’98J
Saudi Arabia Bader Al-Saud, IEP’87
Singapore Nigel Yeung, MBA’92D
South Africa John Barton-Bridges, MBA’91D
Spain Rafael Mart nez Ferreira, MBA’92D
Sweden Stefan Vlachos, MBA’98J
Switzerland James Maughan, MBA’95D
United Arab Emirates Josian Baeyens Sudarskis, MBA’75
United Kingdom Jonathan Knight, MBA’91D
USA Daniel Lalonde, MBA’91J
ì
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THE FOUNDATIONS
Several legally independent foundations support INSEAD in its mission in
different countries. In France, the Fondation INSEAD, chaired by Olivier Giscard
d’Estaing, contributes to the advancement and to the broad dissemination of
research work in the field of management.
Claire Pike Secretary General and
Director of External Relations
Tel: +33 (0)1 60 71 26 27
Jane Shelton Board and Councils Administrator
Tel: +33 (0)1 60 71 26 25
Contact
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Eric Ponsonnet Director of Operations and Administration
Tel: +33 (0)1 60 71 26 11
Contact
Financial Information
INSEAD is a not-for-profit institution, with several legal entities in different
countries. Its financial performance is monitored regularly and professionally by
outside auditors and the Audit Committee of the Board. The school finances its
activities with:
◆ MBA tuition, which does not cover the full cost of
the programme.
◆ Revenues from Executive Education programmes.
◆ External funding, including current gifts and revenues from
endowment, which covers research and development as
well as new projects.
Highlights for the year that ended August 31, 2004:
◆ 10% growth in revenues to €126 million.
◆ Overall surplus of 2.8% of revenues.
◆ Asia Campus achieved surplus after break-even in 2003.
◆ Endowment fund at €56 million.
◆ Launch of new development campaign with a target of
€200 million.
EXPENSES
Faculty & research 47%
Programmes & external relations 21%
Buildings, IT & support 32%
CASH FLOW 99-00 00-01 01-02 02-03 03-04
Cash from operations 1.9 4.6 9.7 17.3 19.8
Capital investments &
mortgage repayments -5.2 -7.7 -6.6 -7.3 -7.7
Net cash flow -3.3 -3.1 3.1 10.0 12.1
2003-04 REVENUES
MBA, EMBA programmes 30%
Executive Education 52%
External funding 11%
Other 7%
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Ian Edwards Executive Director of Development
Tel: +33 (0)1 60 71 26 66
Contact
A business school for the world
INSEAD is financed principally by tuition fees but, in an increasingly
competitive marketplace for management education, also relies greatly on
private philanthropy. Currently, annual donations from alumni, friends and
corporations; one-off major gifts; and revenues from the school’s endowment
fund (generated through previous gifts) provide 11% of INSEAD’s annual
operating income, a proportion we wish to increase over time.
So, in the autumn of 2004, INSEAD launched a major five-year fundraising
initiative called The INSEAD Campaign: a business school for the world. We
have set ourselves a target of raising €200 million for three strategically
important challenges:
◆ To attract the best talent from around the world
through initiatives such as PhD and MBA scholarships.
◆ To nurture innovative, world-class research across all of
INSEAD’s areas of expertise.
◆ To provide inspiring environments and facilities,
constructing new buildings and renovating
existing ones, as well as installing a first-class
technology infrastructure.
The Campaign is overseen by INSEAD’s Development Department, which
exists to build financial and intellectual capital through relationships with
corporations, individuals and foundations. While fundraising remains the
department’s central purpose, there are many other ways in which it assists
in developing the school to its maximum potential.
The school’s three annual giving programmes (the INSEAD Alumni Fund, the
Corporate Affiliation Programme and the Taxe d’Apprentissage) are also
overseen by the Development Department and are an integral part of
the Campaign.
The INSEAD Campaign
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Founded in 1976 by INSEAD alumni, the IAF was created to support the
development of the school. Annual financial contributions from alumni provide
INSEAD with crucial resources to develop:
◆ Multicultural understanding through diversity,
by creating MBA scholarships.
◆ Innovative teaching and research, by providing
resources for ground-breaking new work.
◆ The INSEAD brand itself, by funding new facilities
and improving existing infrastructure.
The INSEAD Alumni Fund (IAF)
Contact
Sandra Morand Acting Director of the INSEAD Alumni Fund
Tel: +33 (0)1 60 71 26 65
Corporate Affiliation Programme (CAP)
CAP is a philanthropic programme supported by more than 50 subscribing
companies, each contributing €20,000 annually. It is one of the most important
ways in which our organisation remains connected to business and its changing
needs. In recognition of their generous support, corporate affiliates are involved in
the school’s activities, such as the annual Donors’ Forum, the Advisory
Committee for Management Education (ACME), Career Management Service
(CMS) initiatives, networking with MBA students and special web services.
Contact
Corinne Durand CAP Coordinator
Tel: +33 (0)1 60 71 26 69
Many companies based in France provide annual support for INSEAD through
the Taxe d’Apprentissage scheme. This is a significant source of income, for
which we are extremely grateful to all participating companies. The resources
they provide help us to remain independent and to attain the highest
standards of teaching and research.
Contact
Alice Santos TA Assistant
Tel: +33 (0)1 60 71 26 81
Taxe d’Apprentissage
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The programme is an intensive one-year master’s degree ininternational business administration, offering 14 core courses andmore than 80 multidisciplinary electives. Two languages, includingfluent English, are required for entry, and three languages arerequired to graduate. INSEAD has two MBA entries per year:September (to graduate the following July) and January (to graduatethe following December) on both campuses.
Campus exchange options are encouraged. During 2004, over 60%of the class took part in cross-campus exchanges; 89 INSEAD MBAparticipants exchanged with the Wharton School.
18
2004 MBAs STARTING ON CAMPUS
70 nationalities
281 in Asia
589 in Europe
PARTICIPANTS’ MOTHERTONGUE
English 23%
French 16%
Spanish 7%
German 6%
Mandarin 6%
Portuguese 6%
Other 36%
MBA Programme
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MBA Profile January 2004 and September 2004
By country or region of originA
sia/
Asi
a Pa
cific
22
%
Nor
th A
mer
ica
12%
Fran
ce 1
3%
UK
9%
Nor
dic
Coun
trie
s &
Ben
elux
8%
Cent
ral/
East
ern
Euro
pe 6
%
Ger
man
y 5%
Sout
hern
Eur
ope
5%
Rest
of
Euro
pe 7
%
Lati
n A
mer
ica
6%
Afric
a/M
iddl
e Ea
st 7
%
Engi
neer
ing
31%
Busi
ness
/Adm
inis
trat
ion
21%
Art
s 12
%Ec
onom
ics
17%
Law
/Pol
itic
al S
cien
ces
9%
Scie
nce
9%O
ther
1%
By undergraduate major
MBA Programme
Europe Campus Tel: +33 (0)1 60 72 40 05Asia Campus Tel: +65 6799 5488
Contact
03_0171_INSEAD_Interieur 30/03/05 13:23 Page 19
The Career Management Service (CMS) coordinates MBA graduate recruitment
at INSEAD. In 2004, approximately 300 companies hired INSEAD MBAs;
◆ 85% of the graduates had at least one offer (81% accepted) three months
after graduation, which compared favourably with 2003.
◆ Nearly 50% of the MBA participants graduating in July 2004 reported
accepting a job outside their country of origin, and some 41% made a
significant career change, moving across sectors and/or functions.
McKinsey & Company
Bain & Company
The Boston Consulting Group
Booz Allen Hamilton
Cap Gemini Ernst & Young
Accenture
Barclays Capital
ABN Amro
American Express
Lehman Brothers
Citigroup Corporate & Investment Bank
Fidelity Investments
Morgan Stanley
Deutsche Bank
UBS Investment Bank
Bank of America
European Investment Bank
Goldman Sachs
Finance
TOP MBA RECRUITERS 2004
Consulting
20
Career Management Service
A.T. Kearney
L.E.K. Consulting
Marakon Associates
PricewaterhouseCoopers
Value Partners
General Electric
CHEP
Eli Lilly
Novartis
Philip Morris
Shell
Johnson & Johnson
Industry
Claire Lecoq Director of Career Management ServicesTel: +33 (0)1 60 72 91 [email protected]
Contact
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Following the successful inaugural Executive MBA Programme in 2003, INSEAD
welcomed its second class in November 2004.
The programme is designed for experienced executives wanting to earn their
MBAs without interrupting their careers. The programme curriculum recognises
that companies seek to develop their high-potential executives, who, at the
same time, still have daily business needs to attend to and corporate goals
to achieve.
The Executive MBA focuses on three key developmental objectives: managerial
competence, a global mindset and development of leadership skills. The
part-time modular programme structure has been designed to minimise time
away from the office. The on-campus modules optimise group integration and
academic objectives.
The Executive MBA operates on both the Europe and Asia Campuses. In the
second class, the 56 participants represent 26 nationalities, and there is an
increased number of women (18%).
Contact
Asia CampusSylvain Daudel Director of the EMBA Programme
Tel: +65 6799 5378
Europe CampusKathleen Sanchez Marketing Manager
Tel: +33 (0)1 60 72 42 [email protected]
Executive MBA
03_0171_INSEAD_Interieur 30/03/05 13:23 Page 21
INSEAD executive programmes focus on general management and functional
skills in an international environment. More than 7,000 executives working in
more than 92 countries and more than 2,000 companies attended our
programmes in Fontainebleau and Singapore in 2003-2004.
Open-enrolment programmes include top, senior and general management as
well as finance and banking, marketing, organisation and management, strategy
and technology management and leadership.
Company-specific programmes are developed and tailored to suit an individual
company’s management development needs. Online programme platforms are
developed for many company-specific programmes to provide a community
learning space for the participants and a complement to on-campus learning.
KEY CLIENTS 2004
ABB ASEA BROWN BOVERI, ABN AMRO, ABSA BANK, ADIDAS-SALOMON,
AGFA-GEVAERT, AIR LIQUIDE, AIR PRODUCTS & CHEMICALS, AKZO NOBEL,
ALCATEL, ALLIANZ, ALSTOM, ALTRIA, AMERON INTERNATIONAL, AMVESCAP,
AOL TIME WARNER, AON, A.P. MØLLER, ASTRAZENECA, AVENTIS, BANK
MANDIRI, BANK OF VALLETTA, BANQUE AUDI SAL, BASF, BAYER, BAYERISCHE
HYPO & VEREINSBANK, BEIERSDORF, BELGACOM, BERTELSMANN, BBC, BCP,
BP, BT, CARREFOUR, CELERANT, CIBA SPECIALTY CHEMICALS, COATS, COCA-
COLA, CONTINENTAL, CRÉDIT AGRICOLE INDOSUEZ CHEUVREUX, CRÉDIT
SUISSE, DAIMLERCHRYSLER, DANSKE BANK, DEGUSSA, DEUTSCHE BANK,
DEUTSCHE TELEKOM, DEXIA, DKSH HOLDING, DNV, DOW CHEMICAL,
DRESDNER, DSM, EICHER GROUP, ERBER, ESSENT, EUROPEAN COMMISSION,
FAURECIA, FIRMENICH, FRANCE TELECOM, FRANZ HANIEL, FRESENIUS,
FRIESLAND COBERCO DAIRY FOODS, GALLAHER GROUP, GIAT INDUSTRIES,
GLAXOSMITHKLINE, GOVERNMENT OF SINGAPORE, HAGEMEYER,
HEINEKEN, HENKEL, HEWLETT-PACKARD, H. LUNDBECK, HONG KONG
GOVERNMENT, HOVIONE FARMACIENCIA, HSBC, HUHTAMAKI, HUNTSMAN
CHEMICAL, IBM, ICI, INDUSTRIAL DEVELOPMENT CO, ING, INTEL,
INTERBREW, ITOCHU, IVECO FIAT, JOHNSON & JOHNSON, JOHN SWIRE &
SONS, KEPPEL CORPORATION, KINGFISHER, KLM ROYAL DUTCH AIRLINES,
KPMG INTERNATIONAL, LAFARGE, LEGO, LHOIST, L’ORÉAL, MALLESONS
STEPHEN JAQUES, MANPOWER, MARS, MAXXIUM, MERCK, METRO,
MONTAIGNE PARTICIPATIONS & GESTION, MOTOROLA, NISSAN MOTOR
CORPORATION, NOKIA CORP, NORDEA, NORWICH UNION, NOVARTIS,
NOVO, NUON, PCCW, PETRÓLEO BRASILEIRO, PETRONAS, PFIZER, PHILIP
MORRIS, PURATOS, PWC, RABOBANK NEDERLAND, RECKITT BENCKISER,
RHODIA, RMC GROUP SERVICES, ROCHE, ROYAL AHOLD, ROYAL
DUTCH/SHELL, ROYAL PHILIPS ELECTRONICS, SABMILLER, SANOFI-
SYNTHELABO, SAP, SCHER ING, SCHLUMBERGER, SC JOHNSON, SEB, SES
22
Executive Education
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23
Contact
Open-Enrolment Programmes
Europe Campus
Janet Burdillat Tel: +33 (0)1 60 72 42 90
Asia Campus
Tan Ai Lin Tel: +65 6799 5377
Company-Specific and Consortium Programmes
Europe Campus
Jocelyn Bull Tel: +33 (0)1 60 72 42 46
Asia Campus
Tan Ai Lin Tel: +65 6799 5377
GLOBAL, SHELL, SIEMENS, SINGAPORE CIVIL SERVICE COLLEGE, SINGAPORE
ECONOMIC DEVELOPMENT BOARD, SINGAPORE TELECOMMUNICATIONS,
SINGAPORE VENTURE CAPITAL & PRIVATE EQUITY ASSOCIATION, SOLUTIA,
SOLVAY, SONY BPE, STANDARD CHARTERED BANK, STARWOOD, STATOIL,
SUEZ, SWIRE, SWISSCOM, SYNGENTA, TAC, TATA, TCHIBO HOLDING,
TELEFONICA, TELEKOM MALAYSIA, THOMSON, TNT POST GROUP,
TOTALFINAELF, UNILEVER, UNISYS, UK NATIONAL HEALTH SERVICE, UPS,
VEOLIA ENVIRONNEMENT, VIVENDI UNIVERSAL, VODAFONE,
VOLKSWAGEN, WÄRTSILÄ, WHIRLPOOL, THE WORLD BANK, YOUNG
PRESIDENTS’ ORGANIZATION
03_0171_INSEAD_Interieur 30/03/05 13:23 Page 23
Begun in 1989, the four-year PhD programme in management prepares students
for an international academic career. In the last year 12 candidates were
admitted, bringing the total number of students enrolled to 71 from 24
countries. They are specialising in Decision Sciences (8), Finance (17), Marketing
(11) and Organisational Behaviour (8), Production and Operations Management
(12) and Strategy (15). In the programme 50 courses are offered and 72 faculty
members are involved.
With graduates placed at leading institutions around the world, the number of
INSEAD PhD alumni currently stands at 61. Business schools to which INSEAD
graduates have been appointed include Boston, Carnegie Mellon, Chicago, Emory,
Harvard, IESE, IMD, LBS, Northwestern, Purdue, Stanford, Wharton and Yale.
Through INSEAD Fellowships, the school is able to provide full financial
assistance for a period of four years for all candidates currently enrolled on its
PhD programme. Additional financial support is also given to students who have
obtained some outside financial support.
PHD SUPPORT AND SCHOLARSHIPS SINCE THE YEAR 2000
Bank of Spain, Canon Foundation, GE Capital Foundation, INSEAD Alumni Fund,
INSEAD Gesellschaft Deutschland, Institute of International Finance – Dr Hans
Tietmeyer, JNICT, Lee Foundation, Luzenac, NatWest Group, Sasakawa Young
Leaders Fellowship Fund (SYLFF), Ludo Van der Heyden.
24
PhD Programme
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The INSEAD Master of Science in Management (MSc) is a two-year, full-time
period of study corresponding to the first two years of the PhD programme.
The MSc coursework is distinguished by an interdisciplinary approach and an
early emphasis on in-depth training in the basic disciplines underlying
management (economics, behavioural sciences, research methodology).
INSEAD’s MSc degree focuses on the transmission of the knowledge about
management theories and research methodologies necessary to assure
certain high-level functions in industry, where understanding and conducting
applied research is critical. It is unique because it provides a diploma from a
leading international management school without the requirement of
delivering a dissertation.
Contact
Valérie Hache Tel: +33 (0)1 60 72 42 93 [email protected]
Master of Science in Management (MSc)
03_0171_INSEAD_Interieur 30/03/05 13:23 Page 25
There are 144 resident faculty at INSEAD representing 31 nationalities. In
addition to the teaching in the MBA, EMBA, PhD and executive education
programmes, INSEAD faculty research represents a major contribution to the
academic study of international business and economics.
The faculty drive INSEAD’s research activities and course development, with
support from the school’s PhD students and research associates. In 2004,
INSEAD faculty published 14 books, 110 case studies and 105 articles in
academic journals. During the year, 327 research projects were in progress. The
school’s aim to produce leading-edge, relevant course materials and research is
underpinned by close collaboration between faculty and business leaders
worldwide, in all spheres of industry and commerce.
Resident Faculty by Area
26
Isabelle Jauny Director of Faculty AffairsTel: +33 (0)1 60 72 41 [email protected]
Contact
Accounting and Control8*
Technology and Operations Management
20
Entrepreneurshipand Family Business14
Asian Business9*
Decision Sciences8
Marketing24
Economics andPolitical Sciences14*
OrganisationalBehaviour
18
Strategy24
Finance22
* includes joint appointments
Faculty and Research
03_0171_INSEAD_Interieur 30/03/05 13:24 Page 26
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Resident Faculty by Nationality
RESIDENT FACULTY, 2004-2005
ACCOUNTING AND CONTROL
Jacob Cohen (US), Affiliate Professor of Accounting and Control and Business Law
Sarah Mavrinac (US), Assistant Professor of Accounting and Control
Steven Monahan (US), Assistant Professor of Accounting and Control
Deigan Morris (UK), Professor of Accounting and Control
Regine Slagmulder (BE), Associate Professor of Accounting and Control
Igor Vaysman (US), Associate Professor of Accounting and Control
Donna Wei (HK), Assistant Professor of Accounting and Control
S. David Young (US), Professor of Accounting and Control
ASIAN BUSINESS AND COMPARATIVE MANAGEMENT
Ben M. Bensaou (FR), Professor of Technology Management and Asian Business*
Arnoud De Meyer (BE), the Akzo Nobel Fellow of Strategic Management, Professor
of Technology Management and Asian Business and Comparative Management,
INSEAD Deputy Dean, Dean of Administration and External Relations*
Narayan Pant (IN), Affiliate Professor of Asian Business and Comparative
Management; Associate Dean of Executive Education, Asia Campus
Hellmut Schütte (DE), Senior Affiliate Professor of International Management,
Dean of Asia Campus
Steven White (US), Assistant Professor of Asian Business and
Comparative Management
Peter Williamson (UK), Affiliate Professor of Asian Business and
International Management
Michael A. Witt (DE), Assistant Professor of Asian Business and
Comparative Management
es
Argentina 1Austria 3Belgium 13Bulgaria 1Canada 5China 2Finland 2France 18Germany 9Greece 3Hong Kong 1
Hungary 1India 12Ireland 1Israel 2Italy 6Korea 2The Netherlands 2New Zealand 1Norway 1Poland 1Portugal 1
Romania 2Russia 1Spain 3Switzerland 4Taiwan 1Turkey 3UK 8USA 33Venezuela 1
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Emeritus faculty:
Henri-Claude de Bettignies (FR), the Aviva Chaired Professor of Leadership
and Responsibility; Emeritus Professor of Asian Business
Philippe Lasserre (FR), Emeritus Professor of Strategy and Asian Business
DECISION SCIENCES
Philippe Delquié (FR), Associate Professor of Decision Sciences
Enrico Diecidue (IT), Assistant Professor of Decision Sciences
Anil Gaba (IN), the Orpar Chaired Professor of Risk Management; Professor of
Decision Sciences; Dean of Faculty and Research, Asia Campus
Spyros Makridakis (GR), Research Professor of Decision Sciences
Ayse Önçüler (TR), Assistant Professor of Decision Sciences
Ioana Popescu (RO), Assistant Professor of Decision Sciences
Jack B. Soll (US), Associate Professor of Decision Sciences
Ilia Tsetlin (RU), Assistant Professor of Decision Sciences
ECONOMICS AND POLITICAL SCIENCE
Antonio Fatás (ES), Professor of Economics, Dean of MBA Programme
Landis Gabel (US), the Novartis Chaired Professor of Management and the
Environment, Professor of Economics and Management, INSEAD Deputy Dean,
Dean of Faculty
Randal Heeb (US), Assistant Professor of Economics
Ethan B. Kapstein (US), the Paul Dubrule Chaired Professor of Sustainable
Development, Professor of Economics and Political Science
Ilian Mihov (BG), Associate Professor of Economics
Yianis Sarafidis (GR), Assistant Professor of Economics and Political Science
Jonathan Story (UK), the Shell Fellow of Economic Transformation, Professor
of International Political Economy
Vanessa Strauss-Kahn (FR), Assistant Professor of Economics
Timothy Van Zandt (US), Professor of Economics
Xavier Vives (ES), the Portuguese Council Chaired Professor of European
Studies, Professor of Economics and Finance*
Ingo Walter (US), Professor of International Management
Douglas Webber (NZ), Professor of Political Science
Emeritus faculty:
Robert U. Ayres (US), Emeritus Professor of Economics and Political Science
and Technology Management
Claude Michaud (FR), Emeritus Professor of Economics
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ENTREPRENEURSHIP AND FAMILY ENTERPRISE
Philip Anderson (US), the INSEAD Alumni Fund Chaired Professor of
Entrepreneurship, Professor of Entrepreneurship
Albert A. Angehrn (CH), Professor of Information Technology and
Entrepreneurship*
Randel S. Carlock (US), the Berghmans-Lhoist Chaired Professor of
Entrepreneurial Leadership, Senior Affiliate Professor of Entrepreneurship and
Family Enterprise
Morten Hansen (NO), Associate Professor of Entrepreneurship
Steve Haslett (UK), Affiliate Professor of Entrepreneurship and Family Enterprise
Ha Thi Hoang (US), the Rudolf and Valeria Maag Fellow of Entrepreneurship,
Associate Professor of Entrepreneurship
Manfred F.R. Kets de Vries (NL), the Raoul de Vitry d’Avaucourt Chaired
Professor in Leadership Development, Clinical Professor of Management
and Leadership
Michael Pich (US), Affiliate Professor of Operations Management and
Entrepreneurship and Family Enterprise*
Filipe Santos (PT), Assistant Professor of Entrepreneurship
Ludo Van der Heyden (BE), the Solvay Chaired Professor for Technological
Innovation, Professor of Technology Management*
Balagopal Vissa (IN), Assistant Professor of Entrepreneurship
Christoph Zott (DE), the Rudolf and Valeria Maag Fellow of Entrepreneurship,
Associate Professor of Entrepreneurship
Emeritus faculty:
Youssef F. Bissada (EG/US), Emeritus Professor of Entrepreneurship and
Family Enterprise
Neil C. Churchill (US), Emeritus Professor of Entrepreneurship and
Family Enterprise
FINANCE
Jean Dermine (BE), Professor of Banking and Finance
Bernard Dumas (FR), the Rothschild Chaired Professor of Banking, Professor
of Finance
Lily Fang (CN), Assistant Professor of Finance
Harald Hau (DE), Associate Professor of Finance
Gabriel Hawawini (FR), the Henry Grunfeld Chaired Professor of Investment
Banking, Professor of Finance, Dean of INSEAD
Pekka Hietala (FI), Professor of Finance
Pierre Hillion (FR), the de Picciotto Chaired Professor of Alternative
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Investments, Professor of Finance
Roman Inderst (DE), Associate Professor of Finance
Kevin Kaiser (CA), Affiliate Professor of Finance
Robert Kosowski (PL), Assistant Professor of Finance
Herwig Langohr (BE), Professor of Finance and Banking
Pascal Maenhout (BE), Assistant Professor of Finance
Massimo Massa (IT), Assistant Professor of Finance
Joël Peress (FR), Assistant Professor of Finance
Urs Peyer (CH), Assistant Professor of Finance
Matti Suominen (FI), Associate Professor of Finance
Lucie Teplá (NL), Associate Professor of Finance
Theo Vermaelen (BE), the Schroders Chaired Professor of International Finance
and Asset Management, Professor of Finance
Xavier Vives (ES), the Portuguese Council Chaired Professor of European
Studies, Professor of Economics and Finance*
Hong Zhang (CN), Assistant Professor of Finance
Emeritus faculty:
H. Lee Remmers (US), Emeritus Professor of Finance
Claude Viallet (FR), Emeritus Professor of Finance
MARKETING
Erin Anderson (US), the John H. Loudon Chaired Professor of International
Management, Professor of Marketing
Reinhard Angelmar (AT), Professor of Marketing
Miguel Brendl (AT), Assistant Professor of Marketing
Ziv Carmon (IL), Associate Professor of Marketing
Pierre Chandon (FR), Assistant Professor of Marketing
Amitava Chattopadhyay (IN), the L’Oréal Chaired Professor of Marketing –
Innovation and Creativity, Professor of Marketing
Markus Christen (CH), Assistant Professor of Marketing
Marcel Corstjens (BE), the Unilever Chaired Professor of Marketing,
Professor of Marketing
Hubert Gatignon (FR), the Claude Janssen Chaired Professor of Business
Administration, Professor of Marketing, Dean of the PhD Programme, Research
Director of the INSEAD-Wharton Alliance and Director of the Alliance Centre
for Global Research and Development
Jill Klein (US), Associate Professor of Marketing
Jean-Claude Larréché (FR), the Alfred H. Heineken Chaired Professor of
Marketing, Professor of Marketing
Prashant Malaviya (IN), Associate Professor of Marketing
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David Midgley (AU/UK), Professor of Marketing
Myungwoo Nam (KR), Assistant Professor of Marketing
V. Padmanabhan (US), the INSEAD Chaired Professor of Marketing, Professor
of Marketing
Philip M. Parker (US), the Eli Lilly Chaired Professor of Innovation, Business and
Society; Professor of Marketing
Christian Pinson (FR), Professor of Marketing
Werner J. Reinartz (DE), Associate Professor of Marketing
Miklos Sarvary (HU), Associate Professor of Marketing
David Soberman (CA), Associate Professor of Marketing
Vikas Tibrewala (FR), Senior Affiliate Professor of Marketing
Charles Waldman (FR), Senior Affiliate Professor of Marketing
David Weinstein (IL), Professor of Marketing
Klaus Wertenbroch (DE), Associate Professor of Marketing
ORGANISATIONAL BEHAVIOUR
Linda Brimm (US), Affiliate Professor of Organisational Behaviour
Michael Brimm (US), Associate Professor of Organisational Behaviour
Fabrizio Castellucci (IT), Assistant Professor of Organisational Behaviour
Thomas D’Aunno (US), the Novartis Chaired Professor of Healthcare
Management, Professor of Organisational Behaviour
Paul A.L. Evans (UK), the Shell Chaired Professor of Human Resources and
Organisational Development, Professor of Organisational Behaviour
Allan Filipowicz (US), Assistant Professor of Organisational Behaviour
Vibha Gaba (IN), Assistant Professor of Organisational Behaviour
D. Charles Galunic (CA), the Cora Chaired Professor of Retailing and
Management, Professor of Organisational Behaviour
Martin Gargiulo (IT/UY), Associate Professor of Organisational Behaviour
Didier Guillot (FR), Assistant Professor of Organisational Behaviour
Herminia Ibarra (US), the INSEAD Chaired Professor of Organisational
Behaviour, Professor of Organisational Behaviour
Thomas Mannarelli (US), Affiliate Professor of Organisational Behaviour
Jean-François Manzoni (CA/FR), Associate Professor of Management
Anca Metiu (RO), Assistant Professor of Organisational Behaviour
Günter Stahl (DE), Assistant Professor of Organisational Behaviour
Jean-Claude Thoenig (CH/FR), Professor of Organisational Behaviour
John R. Weeks (US), Assistant Professor of Organisational Behaviour
Emeritus faculty:
André Laurent (FR), Emeritus Professor of Organisational Behaviour
03_0171_INSEAD_Interieur 30/03/05 13:24 Page 31
STRATEGY
Ron Adner (US), Associate Professor of Strategy and Management
Matthew Bidwell (UK), Assistant Professor of Strategy and Management
Laurence Capron (FR), Associate Professor of Strategy
Marco Ceccagnoli (IT), Assistant Professor of Strategy and Management
Wei-Ru Chen (TW), Assistant Professor of Strategy and Management
Karel Cool (BE), the BP Chaired Professor of European Competitiveness,
Professor of Strategic Management
Ingemar Dierickx (BE), Professor of Negotiation Analysis
Yves L. Doz (FR), the Timken Chaired Professor of Global Technology and
Innovation, Professor of Business Policy
Gareth Dyas (UK), Associate Professor of Business Policy
Javier Gimeno (ES), Associate Professor of Strategy and Management
Philippe Haspeslagh (BE), the Paul Desmarais Chaired Professor of Partnership
and Active Ownership, Professor of Business Policy
Dominique Héau (FR), Professor of Business Policy, Associate Dean of the
Executive MBA Programme
W. Chan Kim (KR), the Boston Consulting Group Bruce D. Henderson Chaired
Professor of International Management, Professor of International Management
Bruce Kogut (US), Professor of Strategy and Management
Gwendolyn Lee (TW), Assistant Professor of Strategy and Management
Renée Mauborgne (US), the INSEAD Distinguished Fellow of Strategy and
International Management, Affiliate Professor of Strategy and International
Management
Quy Nguyen-Huy (CA), Associate Professor of Strategy and Management
Mary A. O’Sullivan (EI), Associate Professor of Strategy
Subramanian Rangan (US), Associate Professor of Strategy and Management
Jasjit Singh (IN), Assistant Professor of Strategy
Gabriel Szulanski (AR), Associate Professor of Strategy and Management
Heinz Thanheiser (AT), Professor of Strategy and Management
Peter B. Zemsky (US), Associate Professor of Strategy
Maurizio Zollo (IT), Associate Professor of Strategy and Management
Emeritus faculty:
Philippe Lasserre (FR), Emeritus Professor of Strategy and Asian Business
32
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TECHNOLOGY AND OPERATIONS MANAGEMENT
Albert A. Angehrn (CH), Professor of Information Technology and
Entrepreneurship*
Ben M. Bensaou (FR), Professor of Technology Management and Asian
Business*
Shantanu Bhattacharya (IN), Associate Professor of Operations Management
Stephen Chick (US), Associate Professor of Technology Management
Lieven L. Demeester (BE), Assistant Professor of Operations Management
Arnoud De Meyer (BE), the Akzo Nobel Fellow of Strategic Management,
Professor of Technology Management and Asian Business and Comparative
Management, INSEAD Deputy Dean, Dean of Administration and External
Relations*
Soumitra Dutta (IN), the Roland Berger Chair in Business and Technology,
Professor of Information Systems, Dean of Executive Education
Theodoros Evgeniou (GR), Assistant Professor of Information Systems
Anne-Laure Fayard (FR), Assistant Professor of Technology Management
Christoph Loch (DE), Professor of Operations Management
Michael Pich (US), Affiliate Professor of Operations Management and
Entrepreneurship and Family Enterprise*
Kishore Sengupta (IN), Associate Professor of Information Systems
Manuel Sosa (VE), Assistant Professor of Technology Management
James Téboul (FR), Senior Affiliate Professor of Operations Management
L. Beril Toktay (TR), Associate Professor of Operations Management
Ludo Van der Heyden (BE), the Solvay Chaired Professor for Technological
Innovation, Professor of Technology Management*
Luk Van Wassenhove (BE), the Henry Ford Chaired Professor of Manufacturing,
Professor of Operations Management
Enver Yücesan (TR), Professor of Operations Management
Emeritus faculty:
Robert U. Ayres (US), Emeritus Professor of Economics and Political Science
and Technology Management
Claude Rameau (FR), Emeritus Professor of Decision Sciences
* Joint appointment
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FACULTY CHAIRS AND FELLOWSHIPS
FACULTY CHAIRS
◆ The André and Rosalie Hoffmann Chair in Family Enterprise/2004
Professor to be named
◆ The Aviva Chair in Leadership and Responsibility/2004
Professor Henri-Claude de Bettignies/2004
◆ The Orpar Chair in Risk Management/2002
Professor Anil Gaba/2002
◆ The de Picciotto Chair in Alternative Investments/2002
Professor Pierre Hillion/2002
◆ The Paul Dubrule Chair in Sustainable Development/2001
Professor Ethan Kapstein/2001
◆ The Portuguese Council Chair in European Studies/2000
endowed in recognition of Antonio Borges, former Dean of INSEAD
Professor Xavier Vives/2001
◆ The Cora Chair in Retailing and Management/2000
Professor Charles Galunic/2002
◆ The Eli Lilly Chair in Innovation, Business and Society/1999
Professor Phil Parker/2001
◆ The Berghmans Lhoist Chair in Entrepreneurial Leadership/1999
Professor Randel Carlock/2001
◆ The Roland Berger Chair in Business and Technology/1999
Professor Soumitra Dutta/1999
◆ The Novartis Chair in Healthcare Management/1999
Professor Thomas D’Aunno/2002
◆ The Rothschild Chair in Banking/1999
Professor Bernard Dumas/2000
◆ The Unilever Chair in Marketing/1999
Professor Marcel Corstjens/1999
◆ The Schroders Chair in International Finance and Asset
Management/1998
endowed in recognition of Georg W. von Mallinckrodt KBE
Professor Theo Vermaelen/1999
◆ The L’Oréal Chair in Marketing – Innovation and Creativity/1998
Professor Amitava Chattopadhyay/1999
◆ The Solvay Chair in Technological Innovation/1998
Professor Ludo Van der Heyden/1999
◆ The Henry Ford Chair in Manufacturing/1997
Professor Luk Van Wassenhove/1998
◆ The Paul Desmarais Chair in Partnership and Active Ownership/1996
Professor Philippe Haspeslagh/1999
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◆ The Claude Janssen Chair in Business Administration/1996
Professor Hubert Gatignon/1996
◆ The BP Chair in European Competitiveness/1995
Professor Karel Cool/1996
◆ The Boston Consulting Group Bruce D. Henderson Chair in
International Management/1994
Professor W. Chan Kim/1994
◆ The Timken Chair in Global Technology and Innovation/1994
Professor Yves Doz/1994
◆ The Henry Grunfeld Chair in Investment Banking/1994
endowed by the S.G. Warburg Group PLC
Professor Gabriel Hawawini/1996
◆ The Shell Chair in Human Resources and Organisational
Development/1993
Professor Paul Evans/2001
◆ The IAF Chair in Entrepreneurship/1992
Professor Philip Anderson/2001
◆ The Novartis Chair in Management and the Environment/1990
Professor Landis Gabel/2001
◆ The Alfred H. Heineken Chair in Marketing/1988
Professor Jean-Claude Larréché/1993
◆ The Raoul de Vitry d’Avaucourt Chair in Leadership Development/1982
Professor Manfred Kets de Vries/1992
◆ The John H. Loudon Chair in International Management/1979
Professor Erin Anderson/1998
FELLOWSHIPS
◆ The Rudolf and Valeria Maag Fellowships in Entrepreneurship/2000
Professor Christoph Zott and Professor Ha Hoang/2001
◆ The INSEAD Fellowship in Strategy and International
Management/1997
Distinguished Fellow and Affiliate Professor Renée Mauborgne/1997
◆ The Akzo Nobel Fellowship in Strategic Management/1996
Professor Arnoud De Meyer/1997
◆ The Salmon and Rameau Fellowship in Healthcare Management
Professor to be named
◆ The Shell Fellowship in Business and the Environment/1993
Professor David Vogel/2003
◆ The Shell Fellowship in Economic Transformation/1993
Professor Jonathan Story/1999
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RESEARCH CENTRES AND INITIATIVES
◆ 3i Venturelab
◆ Alliance Centre for Global Research and Development
◆ Centre for Advanced Learning Technologies
◆ Centre for International Financial Services
◆ Centre for Decision-making and Risk Analysis
◆ Centre for the Management of Environmental and Social Responsibility
◆ eLab@INSEAD
◆ Euro-Asia and Comparative Research Centre
◆ INSEAD Global Leadership Centre
◆ INSEAD Social Science Research Centre
◆ International Centre for Entrepreneurship
◆ Healthcare Management Initiative
◆ INSEAD-ABN AMRO Managing for Value Research Initiative
◆ INSEAD-PwC Initiative on High-Performance Organisations
◆ Wendel International Centre for Family Enterprise
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MAJOR RESEARCH FUNDS
The INSEAD–Boston Consulting Group Strategy Research Fund/2001
The Lucent Mobility Innovation Research Fund/2001
The Johnson & Johnson Research Fund in Support of Healthcare
Management/2000
The Morgan Stanley Research Fund for eLab@INSEAD/2000
The Rudolf and Valeria Maag Research Fund in Entrepreneurship/2000
The SAP eCommerce Research Fund/2000
The Tetra Laval Group Research Fund for the Large Family Firm/2000
The CIB Research Fund in Commercial Banking/1999
The Bielenberg REL CIFS Research Fund/1998
The Booz Allen Hamilton Research Fund for the Centre for Integrated
Manufacturing and Service Operations/1997
The TDC (Tele Danmark) Research Fund for Corporate Renewal and
Entrepreneurship/1997
ASSOCIATED CENTRES
CEDEP (Centre for Executive Development)
CEDEP is an independent management education centre in partnership with
INSEAD, formed in 1971 by a consortium of six European companies. Today,
CEDEP has 27 member companies in industry and the services sector.
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INSEAD has more than 32,200 alumni, of whom 15,300 are MBA graduates
and 16,900 have followed executive education programmes (INSEAD awards
alumni status to participants who complete programmes of three or more
weeks in executive education). In close coordination with the International
Alumni Association, INSEAD oversees programmes to keep our global alumni,
who live in more than 150 countries around the world, in contact with each
other and with the school.
A dynamic volunteer network of 41 national alumni associations drives
INSEAD’s outreach on all continents. New alumni associations were created
last year in Saudi Arabia, Croatia/Slovenia and Egypt. Alumni also serve as
volunteer country representatives in Iceland, Jordan, Nigeria, Romania, Senegal
and Turkey.
The associations hosted and organised nearly 540 events in 28 countries this
past year. The Dean attended alumni gatherings ranging from speaker events in
Japan, the UK, France, the US and Canada to the kick-off dinner launching the
Alumni Association of Egypt to a round-table in Israel gathering the President
of the Alumni Association of Israel, the Palestinian national chairman of
Coca-Cola and alumni from the region.
Thirty percent of the school’s International Council members are alumni.
Alumni also hold 16 seats on the INSEAD Board. Recent INSEAD alumni
reunion surveys revealed that more than 40% of MBA alumni were
entrepreneurs 20 years after graduating, and 37% were company
chairmen/chief executive officers. Thirty percent of INSEAD alumni fluently
speak four to six languages.
The Amphi, a virtual meeting and learning platform, was launched this past
year, allowing alumni to stay connected to INSEAD and each other. This new
website offers alumni a searchable online directory, networking opportunities,
information about classmates, career services and continuous learning
opportunities. The platform is hosted on a dedicated IT infrastructure and
provides permanent access to the school, alumni services and fellow alumni
the world over.
INSEAD Alumni
Joëlle du Lac Director of Alumni Relations
Tel: +33 (0)1 60 72 43 74
Contact
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Our Campuses
Asia Campus
Opened on October 23, 2000, the INSEAD Asia Campus occupies a 2.8-hectare
site in Singapore’s Buona Vista district, the country’s knowledge hub. Designed
by Liu Thai-Ker, a 1980 alumnus of the school’s Advanced Management
Programme, the campus features seven amphitheatres with a total seating
capacity of 500, meeting rooms, an 85-room residence and high-speed
telecommunications links, allowing participants in Asia and Europe to attend
lectures and discussions in real time.
Ground-breaking for phase two of the development of the Asia Campus in
Singapore occurred in December 2003, work continued throughout 2004 and is
scheduled for completion in 2005. Expanded facilities will include a large,
technologically advanced auditorium, three flat classrooms, a fully equipped
meeting room, an expanded library, 30 new break-out rooms, a fitness centre;
and more than 100 new work spaces.
Europe Campus
The modern 8 hectare campus is located at the edge of the forest of
Fontainebleau, 65 kilometres south of Paris. Facilities include more than
11,000 square metres of office space, 28 amphitheatres and conference rooms
seating more than 1,850 people, 185 group work areas and meeting rooms,
163 hotel-standard rooms for on-campus executive accommodation, more
than 1,000 PCs and workstations, two restaurants, a bar, a bookshop, extensive
library resources and a fully equipped gym.
The Georges and Edna Doriot Library contains 75,000 books and 3,500 printed
and electronic periodicals and provides web access to more than 40 database
resources published by the main business information providers. The library is
open seven days a week from 8:30am to 11:30pm. The catalogue and online
resources are accessible from both campuses.
The new Plessis Mornay Learning Space opened its doors to executive
programmes in September 2004. It offers four large amphitheatres, four
adaptable flat classrooms equipped with advanced audio-visual technology,
more than 50 fully equipped break-out rooms, more than 120 individual work
spaces and a video production studio.
Following the completion of the Plessis Mornay Learning Space inaugurated in
July 2004, the school has now gone on to the larger project of renovating the
entire Europe Campus.
Fadi Mehio Director of Campus Services
Tel: +33 (0)1 60 72 43 69
Contact
03_0171_INSEAD_Interieur 30/03/05 13:24 Page 39
40
Contacts at INSEAD
Alumni RelationsJoëlle du LacTel: +33 (0)1 60 72 43 74, [email protected]
Board and Councils AdministrationJane SheltonTel: +33 (0)1 60 71 26 25, [email protected]
Campus ServicesFadi MehioTel: +33 (0)1 60 72 43 69, [email protected]
Career Management ServiceClaire LecoqTel: +33 (0)1 60 72 91 13, [email protected]
CommunicationsNick BarnivilleTel: +33 (0)1 60 71 26 94, [email protected]
Corporate Affiliation ProgrammeCorinne DurandTel: +33 (0)1 60 71 26 69, [email protected]
Development, the INSEAD CampaignIan EdwardsTel: +33 (0)1 60 71 26 66, [email protected]
Executive EducationAsia campus: +65 6799 5377, [email protected] campus: +33 (0)1 60 72 42 90, [email protected]
Executive MBA ProgrammeKathleen Sanchez Asia campus: +65 6799 5378Europe campus: +33 (0)1 60 72 42 09, [email protected]
External RelationsClaire PikeTel: +33 (0)1 60 71 26 27, [email protected]
Faculty and ResearchIsabelle JaunyTel: +33 (0)1 60 72 41 85, [email protected]
INSEAD Alumni FundSandra MorandTel: +33 (0)1 60 71 26 65, [email protected]
MBA ProgrammeAsia campus: +65 6799 5488 Europe campus: +33 (0)1 60 72 40 05, [email protected]
Operations and AdministrationEric PonsonnetTel: +33 (0)1 60 71 26 11, [email protected]
PhD Programme Valérie HacheTel: +33 (0)1 60 72 42 93, [email protected]
Taxe d’ApprentissageAlice SantosTel: +33 (0)1 60 71 26 81, [email protected]
03_0171_INSEAD_Interieur 30/03/05 13:24 Page 40
Welcome from the Dean 1
INSEAD Milestones 2
INSEAD Today 3
Our Mission 4
Our Values 5
Our People and Governance 6
Financial Information 15
The INSEAD Campaign 16
The INSEAD Alumni Fund (IAF) 17
Corporate Affiliation Programme (CAP) 17
Taxe d’Apprentissage 17
MBA Programme 18
Career Management Service 20
Executive MBA 21
Executive Education 22
PhD Programme 24
Master of Science in Management 25
Faculty and Research 26
INSEAD Alumni 38
Our Campuses 39
Contact Information 40
Contents
03_0171_INSEAD_Couv 30/03/05 13:21 Page 2
Europe CampusBoulevard de Constance77305 Fontainebleau CedexFrance
Tel: +33 (0)1 60 72 40 00Fax: +33 (0)1 60 74 55 00/01
Asia Campus1 Ayer Rajah Avenue138676 Singapore
Tel: +65 6799 5388Fax: +65 6799 5399
The figures contained in this booklet are correct as of December 2004, unless
otherwise indicated.
Printed by INSEAD 02/05
www.insead.edu
Photo creditsRobin Grierson, Oistin Mac Bride, Liselott Nissen, PSV Morel, P. Aubry
Design and artwork byTimothy Guy [email protected]
In Profile
2005
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