What is a good GMAT score for INSEAD MBA?
Short Answer – The average GMAT score at INSEAD is 670 for the last entering class. If you score above 690, you have a fair shot and you will receive an encouraging response to your profile evaluation from the admission committee.
Long Answer – There is no such thing as a safe score, higher is always better. In our years of consulting experience, we have seen our clients with 640 getting selected into top schools like INSEAD and on the other hand, someone with a 770 getting rejected too. A good benchmark that we advise all our clients to beat is the average GMAT score of the last entering class as mentioned in the Class profile published every year. Scoring above the average gets you a fair shot;
“The higher your score, the better is it for your interview or admission chance.”
If you plan to apply with a score that is below the average, then you are starting a fight with one hand tied behind your back or, let’s say, you are starting a few yards behind your competitors. You can definitely catch up in other sections of the application by writing outstanding essays or performing really well in an interview later. But it is always nice to start ahead of the competitor. A higher GMAT score helps one gain a competitive advantage.
“What if you are from the over represented Indian or Asian Pool?”
The over-represented candidate pool of Indian or Chinese applicants usually goes through a rigorous preparation process for GMAT, with a lot of Indian applicants scoring quite high. Hence, the overall competition and the Average score for this diaspora goes up by a few notches. That is why we recommend candidates within the most over-represented profiles to shoot at least 20 points higher than the school’s class profile average.
Average Employment Salary after INSEAD MBA?
The average salary at INSEAD for the last graduating class was $110,100. 94% of the class was employed with 3 months of graduation with majority of class going into consulting (22%), Finance (12%) and technology (13%) oriented functional roles.
Despite geopolitical uncertainties, INSEAD Talent has demonstrated market resilience with a record number of INSEAD Talent finding roles in post-Brexit UK and Singapore. The United Arab Emirates also re-emerged as a top 3 target destination for INSEAD Talent with its highly competitive compensation packages.
Tuition Fees & Scholarship at INSEAD
The Tuition fees for INSEAD MBA is € 98,500 and an additional € 27,000 in living cost.
INSEAD’s goal is to recruit the best and brightest to join our school, regardless of their backgrounds or financial situations. If it has always been your dream to pursue a top-ranked MBA programme, we are here to help. Over the last three years, we have doubled our scholarship funds which has enabled us to offer higher grants to more participants. There are over 150 types of scholarships available, which apply to both our campuses in Fontainebleau and Singapore.
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FAQs about INSEAD
The curriculum, course structure, class size and composition, and campus exchange opportunities are identical for the August and January intakes. The primary difference is that if you choose to begin in August, you will complete the MBA in ten consecutive months. If you choose to begin in January you will have a two-month summer break during which you can pursue an internship or other endeavours.
First you have to create an account at hec.edu/applytomasters and then begin to fill in your application. You are able to submit an application when:
· your application form is 100% complete
· you have uploaded all the required documents
· you have paid the application fee of €110
In general, the funding doesn’t come from only one source. You can use INSEAD Global loans, savings, personal loans, family gifts, INSEAD or external scholarships and company sponsorship.
Tuition fees for the August 2023 intake are €97,000 The fees for the January 2024 intake are €98,500. The fees are payable by instalments.
Tuition fees cover all printed course materials, access to the INSEAD library, access to on-campus information technology services, language tuition and testing*, student council fees, gym access, business cards, printing and health insurance.
INSEAD offers more than 75 electives across both campuses, giving you the chance to construct a tailor-made MBA programme that fits your personal and career goals. We do not have specialisations or majors. You are free to pursue a generalist path towards management or specialise in a particular area such as finance or entrepreneurship. However, regardless of the path you decide to take during your elective period, everybody graduates with the same general MBA degree diploma