Introduction to MiM at INSEAD
The world is rapidly and profoundly changing; uncertainty has become the norm, and challenges have emerged on a global scale. Businesses have the ability and the duty to answer these challenges. This conviction is deeply rooted in INSEAD’s DNA. It resonates with our mission: to bring together people, cultures and ideas to develop responsible leaders who transform business and society. The INSEAD Master in Management (MIM) is a continuation of this mission.
A 14 to 16-month programme, the MIM has an innovative learning approach with an applied problem-solving orientation. It aims to empower the next generation of well-rounded, agile-thinking and innovative individuals who are ready to make a positive impact in today’s society.
THE INSEAD MIM ADVANTAGE:
680
Avg. GMAT
22
Avg. Age
0.8 Yrs.
Avg. Exp.
100
Class Size
14-16
Months Duration
What is a good GMAT score for MiM at INSEAD?
Short Answer – The average GMAT score at INSEAD is 680 for the last entering class. If you score above 680, 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.
Quick Overview and Rankings
17
FT Rankings
4
QS Top MiM
Tuition Fee and Scholarships for MiM at INSEAD
€ 49,500
Tuition Fee
+
€ 24,000
Living Cost
Avg. Cost of Study
The Tuition fees for INSEAD MIM is €49,500 and an additional € 24,000 in living cost.
Full-time INSEAD MIM course duration helps students complete their studies within 17 months. This schedule offers students the opportunity to enrich their learning experience by spending a semester on student exchange and another semester on internship
Important Scholarships
- Merit Scholarship
Employment Prospects : MiM at INSEAD
Employed within 3 months of graduation
Avg. Salary
21%
Consulting
23%
Finance
29%
Technology
32%
Others
The average salary at INSEAD MIM for the last graduating class was €87,000. 97% of the class was employed within 3 months of graduation with the majority of the class going into consulting (21%), Finance (23%), and technology (29%) oriented functional roles.
INSEAD is a prestigious institution renowned for its impressive placement results.
Eligibility Criteria for MiM at INSEAD
The INSEAD MIM requires participants to have a sound academic foundation and GMAT/GMAT Focus/GRE score.
Academic foundation
- A Bachelor degree from a recognised college/university or proof that you have completed 180 ECTS in any field of studies (business, engineering, social sciences, arts, economics, etc.).
GMAT/GMAT Focus/GRE
- All applicants are required to take a GMAT/GMAT Focus/GRE test as it provides us with a standardised way of evaluating candidates.
While we do not have a minimum score required for admission, please note that the GMAT/GMAT Focus is one of the elements that the admission committee will consider when evaluating academic performance. The Admissions Committee likes to see a percentile above 65% in both the Verbal and Quantitative sections and above five for the Integrated Reasoning sections. - For the GRE, the Admissions Committee expects percentiles above 80% in both the Verbal and Quantitative sections.
Languages
- Languages are evaluated according to test results. Non-native English speaking candidates should bring evidence of their knowledge through an English test result. We accept TOEFL (recommended score equal or above 103), IELTS (recommended score equal or above 7.5), Pearson Test of English (PTE) Academic (recommended score equal or above 70). Candidates who have received a university degree exclusively taught in English are not required to take one of these tests.
Documents required : MiM at INSEAD
Only complete applications are reviewed. The Admissions office requires the submission of the following:
- CV
- Personal Data
- Academic background
- 2 INSEAD-format Recommendation Letters
- Scanned copies of your academic transcript with officially certified translation (if applicable)
- Motivation essay
- Test results for GMAT or GRE, and English (if applicable)
You will also need to pay the application fee: 180€
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Scholarships Available : MiM at INSEAD
Diversity ScholarshipGranted to candidates who bring diversity to the class in terms of background, work experience and personal profiles. | Indonesian Alumni and Friends ScholarshipGranted to Indonesian citizens demonstrating excellence and a strong connection to Indonesia and the Southeast Asia region. |
Achievement ScholarshipFocuses on excellence in academics and personal achievements. | The Kung Family ScholarshipGranted to exceptional female candidates who have been admitted to the INSEAD MIM Programme and can substantiate their financial need. |
Qinqin and Xin Zhang ScholarshipGranted to a candidate who demonstrates academic and personal achievements, and justifies finanicial need. |
Specializations & Electives Offered
In Period 5, you will choose six electives from a range of courses. The selection of topics come with a focus on innovation, with an aim to ensure that you graduate with knowledge and skills that will allow you to “jump right into action” the moment you start work. There is also an option to do an Entrepreneurship Project as an elective, where you can choose to work with a start-up early-stage company as a ‘live project’.
ELECTIVES OFFERED:
- Agile Bootcamp
- Strategy and Investing in Impact
- Global Strategy (double elective)
- Paths to Power
- Analytics (for Retail and Travel)
- New Business Ventures: Turning an Idea into a Functioning Business (double elective)
- Sustainable Finance
- Technology & Innovation Strategy
- Financial Statement Analysis (double elective)
- Memorable Storytelling
- FinTech
- Equity Diversity and Inclusion (EDI)
- Business Sustainability Thinking
- Artificial Intelligence – Full Stack Implementation Strategy
- Brand Management
- Corporate Entrepreneurship: Mastering Entrepreneurial Ways to Grow Corporates
FAQs about MiM at INSEAD
When does the programme start?
The programme starts every year in August, with the first intake in August 2020. Prior to the programme start, there will be a series of activities where you will experience INSEAD’s signature business simulation, have the opportunity to take on language classes and kick-start your career development journey with an introduction to different industries and the recruiting process. In addition, there will be teambuilding and cultural awareness activities to get to know your classmates better.
Is the INSEAD MIM accredited by the French Government?
The INSEAD MIM is accredited to grant a Master’s degree under European Standards and, by extension, registered on RNCP (Répertoire national des certifications professionnelles).
More specifically, the INSEAD MIM received both the Visa and Grade of Master, and has been accredited by the French Ministry of Education through the CEFDG (Commission d’Evaluation des Formations et Diplômes de Gestion) to be entitled to grant a Master’s degree (Bac + 5), equivalent to a total of 120 ECTS. This means that the 14-16 months of the INSEAD MIM programme, including the pre-programme and professional exposure module, account for what is typically referred to as M1 and M2 in the French System.
What is the admissions process?
Applicants need to submit their application online. Only complete applications will be considered by the Admissions Committee. You will need to submit the following:
- Online application form containing your personal data, a CV, academic background, two recommendations letter (from a business or academic environment/perspective), scanned copies of your academic transcripts with officially certified translation (if applicable), a motivation essay, and your test results for GMAT or GRE, and English (if applicable).
- Once you have submitted the application form, you will be redirected to the “Kira Talent” platform for a video interview, where you will answer additional questions.
- You will also need to pay the application fee: EUR 180.
All elements of your application will be thoroughly reviewed by the admissions team. If successful through the first pre-selection, candidates will be invited to attend an interview with an INSEAD alumni or admissions representative in a city near you, or via Skype. Once the interview is completed and the interview report has been returned, the application will be reviewed further and finally submitted to the Admissions Committee.
What are the language requirements for admission to INSEAD MIM?
The MIM programme is conducted in English, and you need to be fluent in English to be eligible to apply. If English is your native language, you must demonstrate at least a practical knowledge of a second language as soon as possible by passing one of our accepted language tests for your chosen second language. If you are a non-native English speaker, your native language will fulfil this requirement (no test required).
Knowledge of a third language is appreciated and will need to be validated before the end of the programme. Language courses will be made available upon admission and during the programme.
We invite you to check the INSEAD Language Policy document for details on how to validate your languages and with whom. This Language Policy document applies to applicants and students of the MIM’23 intake, for all future classes use this document as a reference only.
Am I required to take an English test?
If English is your native language, or you have received a university degree exclusively taught in English, you do not need to take an English test. In all other cases, you should bring evidence of your knowledge through an English test result. We accept TOEFL (recommended score equal or above 103), IELTS (recommended score equal or above 7.5), Pearson Test of English (PTE) Academic (recommended score equal or above 70).
