2006 IMD MBA Admissions Chat with Janet Shaner
2006 IMD MBA Admissions Chat with Janet Shaner
Please feel free to let us know if you would like to be informed of future chats by sending e-mail to email@example.com. We would also be interested in knowing if you would prefer a different format or different topics.Linda Abraham (Jun 21, 2006 9:56:31 AM)
First I want to welcome you to Accepted.com's International MBA Admissions Chat and the IMD room.
Linda Abraham (Jun 21, 2006 9:56:49 AM)
I also want to welcome Janet Shaner, Director of MBA Marketing, and Parvathy Sankar, member of the IMD class of 2006.
Linda Abraham (Jun 21, 2006 9:57:03 AM)
Parvathy, could you provide us with a little information about yourself? Where are you from? What did you do before you came to IMD? What do you plan to do after you receive your MBA?
ParvathySankarIMD (Jun 21, 2006 9:57:50 AM)
I am an Indian - I worked in Germany for 5 years before coming to IMD and in India for 2 years for SAP AG in the project management role. I plan to go into Supply Chain and Operations role after my MBA.
Linda Abraham (Jun 21, 2006 9:58:03 AM)
Thanks for coming..
Linda Abraham (Jun 21, 2006 9:59:25 AM)
Janet, what's new for the entering class at IMD?
JanetShanerIMD (Jun 21, 2006 9:59:42 AM)
We have 2 new things for the class of 2006. The first is that they will take their Discovery Expedition this year to Argentina. They leave on Friday.
Linda Abraham (Jun 21, 2006 10:00:13 AM)
Wow. What is the discovery Expedition?
JanetShanerIMD (Jun 21, 2006 10:00:40 AM)
The second is an integrated ethics module in August. They will discuss ethics from the point of religion, culture and personal values. Should be fascinating in a class of 45 nationalities.
Linda Abraham (Jun 21, 2006 10:00:53 AM)
That does sound fascinating.
Linda Abraham (Jun 21, 2006 10:01:12 AM)
Is the ethics class a first time offering at IMD?
ParvathySankarIMD (Jun 21, 2006 10:01:16 AM)
Discovery Expedition is the trip to a country where there is a challenging business environment to learn more about the situations and issues faced in these countries. We meet with the different stakeholders like businesses and government entities. We focus on several challenging situations in Argentina and meet with institutions working on these issues.
Linda Abraham (Jun 21, 2006 10:01:32 AM)
Parvathy, what do you like best at IMD? What would you like to see improved?
JanetShanerIMD (Jun 21, 2006 10:01:48 AM)
This specific exercise is new. We have always had ethics within the course - integrated into each course, i.e. discussing Enron in accounting.
pcvarmenia (Jun 21, 2006 10:01:59 AM)
Is DE for the entire class? How in-depth is the project?
JanetShanerIMD (Jun 21, 2006 10:02:23 AM)
Everyone in the class goes on the trip.
Linda Abraham (Jun 21, 2006 10:02:31 AM)
Janet, if you are looking at an application and the numbers and basic profile is in the ballpark for an IMD student, what distinguishes an application that is accepted from one that is rejected?
ParvathySankarIMD (Jun 21, 2006 10:02:34 AM)
I like the focus on leadership programme with specific concentration on your personal development. Besides this I also like the fact that the class comes from very diverse experiences and regions and I'm able to learn a lot from my classmates who have a lot of experience.
Linda Abraham (Jun 21, 2006 10:02:50 AM)
What is the operative definition of leadership at IMD? I noticed that the programs starts with a leadership development module.
JanetShanerIMD (Jun 21, 2006 10:04:25 AM)
We look for a few key elements in an application: leadership experience (in your job, activities, recommendations), international experience, career progression and intellectual capability. What helps you stand out is clearly telling us how you meet these criteria, what you will contribute to the class, and what are your career goals and how will the IMD MBA help you achieve those goals.
pcvarmenia (Jun 21, 2006 10:04:58 AM)
Janet, in terms of intellectual capability, how much emphasis do you place on GPA?
ParvathySankarIMD (Jun 21, 2006 10:05:07 AM)
In terms of improvements, I think the work-life balance has been low in the last 6 months and as a result we need to really do not get too much time to do anything else. As much as this is something I would love to change, I think the pressure is reflective of a high pressure work environment and I know now how I can cope better. So it is a sort of sacrifice one advantage to make up for learning.
Linda Abraham (Jun 21, 2006 10:05:31 AM)
So you're working hard!?
JanetShanerIMD (Jun 21, 2006 10:05:32 AM)
We place relatively little emphasis on the GPA. We place more on the GMAT as we have people from so many nationalities that the GPA is harder to compare.
JanetShanerIMD (Jun 21, 2006 10:06:00 AM)
Linda you asked earlier about the leadership development module. Yes, we start with that module and continue throughout the year.
pcvarmenia (Jun 21, 2006 10:06:05 AM)
Janet, it is my understanding that IMD, being a general management program, is not in-depth in any particular areas such as entrepreneurship. Is this a correct assumption?
Linda Abraham (Jun 21, 2006 10:06:34 AM)
Could you tell us a little about your leadership module?
ParvathySankarIMD (Jun 21, 2006 10:06:42 AM)
DE is for the whole class and all of us travel together to Argentina. We started on the projects a couple of months back when we were assigned to different groups to research on the burning topics. For example, I am working on the topic of Poverty and Inequality.
RAchel (Jun 21, 2006 10:07:11 AM)
Janet, how is recruiting going? Are there more companies recruiting on campus this year then last year? Are more interviews being scheduled?
JanetShanerIMD (Jun 21, 2006 10:07:24 AM)
We're not in depth in any particular area . . except for entrepreneurship. Our program director teaches entrepreneurship and it is a core part of our building blocks. Every participant also works on an entrepreneurship project with real start up companies to gain an entrepreneurial experience.
Stephane (Jun 21, 2006 10:07:40 AM)
Janet, I would like to know how does it work exactly for the entrepreneurship project? How are the companies chosen and the students allocated?
pcvarmenia (Jun 21, 2006 10:07:47 AM)
Hi Pavathy, in that case, DE is more of a fact finding project, rather than a consulting one. Correct?
JanetShanerIMD (Jun 21, 2006 10:07:51 AM)
Rachel - recruiting is going well. Is there something more behind your question?
Linda Abraham (Jun 21, 2006 10:08:21 AM)
I think everyone is interested in recruiting and jobs post-MBA.
Jimo (Jun 21, 2006 10:08:23 AM)
Janet, what if an applicant doesn't have international experience, does this affect their chances of admission?
ParvathySankarIMD (Jun 21, 2006 10:08:31 AM)
The Leadership Module starts with the pre-program work we are assigned and digs deep into our irrational side. We try to understand more about our own leadership traits and also how we interact with each other through case studies, team building and so on. Feedback forms a BIG part of this module where we get feedback from every team we worked in. We also have the Personal Development Elective which is another favorite of mine where we are assigned an analyst with whom we can discuss anything and explore ourselves. Hence I would call the course a more self-exploration course.
JanetShanerIMD (Jun 21, 2006 10:08:39 AM)
Stephane, the companies have to make us a proposal and are selected based on the project and how well it will help participants learn. Participants can bid for their top 3 preferences and then from that the teams are selected.
JanetShanerIMD (Jun 21, 2006 10:09:19 AM)
Jimo, international experience can be demonstrated by work experience, working with an international company or international clients, or study abroad. It is important.
pcvarmenia (Jun 21, 2006 10:09:27 AM)
Janet, to follow up on Stephane's question, how many companies are available for students to choose from? Also, what are the typical industries?
Abhishek (Jun 21, 2006 10:09:37 AM)
Janet, I am working in Semiconductor Industry, and want to pursue an MBA to move into operations in this industry. How will the IMD MBA help me to move into operations?
Adarsh (Jun 21, 2006 10:09:57 AM)
Janet, I have read that in the 11 month program at IMD, it's very difficult to change fields. Say I am working in software field and want to move to management consulting will it be much more difficult to switch, unlike the 2 year MBA programs in the US?
JanetShanerIMD (Jun 21, 2006 10:10:14 AM)
I understand Rachel's question- recruiting. Actually, we've just started company presentations as we start class in January. The job market is good this year and I expect the recruiting results will be as well.
JanetShanerIMD (Jun 21, 2006 10:10:43 AM)
Adarsh, last year about 60% changed industry, geography and function. If you have a good story it's possible. That being said, you're likely to get your best opportunities if you can leverage previous experience.
Linda Abraham (Jun 21, 2006 10:10:57 AM)
Parvathy: When do IMD participants have the opportunity to interact with professors outside of class?
JanetShanerIMD (Jun 21, 2006 10:12:19 AM)
PCVArmenia, we had 54 companies on campus last year and probably will have a few more this year. For companies, see the "blue sheet" on our website and you can see the companies from last year.
ParvathySankarIMD (Jun 21, 2006 10:12:33 AM)
Abhishek, the IMD MBA also has modules on Supply Chain and Operations and there are companies that come to campus which recruit for Operations role. We also have professors who have contacts in different industries who are willing to help out. Hence I think it will be easy to make a shift into the Operations role in the Semiconductor industry.
Abhishek (Jun 21, 2006 10:12:58 AM)
Stephane (Jun 21, 2006 10:13:09 AM)
With the class being small (90 students) are we really able to interact and meet the professors easily, even with the load of work?
Adarsh (Jun 21, 2006 10:13:33 AM)
I have read that IMD has a unique psychological counseling which helps students to overcome their weaknesses. Is that true?
pcvarmenia (Jun 21, 2006 10:13:47 AM)
Janet, how does the placement office accommodate candidates interested in careers in US? Or for that matter, in Asia?
JanetShanerIMD (Jun 21, 2006 10:14:08 AM)
Yes Adarsh, it's true. Twenty sessions with a trained psychologist is part of a Personal Development Elective.
ParvathySankarIMD (Jun 21, 2006 10:14:13 AM)
The professors are really approachable and there is a close relationship built between us and them. With the class size being so small, it is easier for them as well as for us to build our relationship in and out of the class.
JanetShanerIMD (Jun 21, 2006 10:14:48 AM)
pcvarmenia, we help place you wherever you are interested. Last year 70% of the class went to Europe, 10% to the US and 10% to Asia. Those numbers vary every year depending on the interests of the class.
Linda Abraham (Jun 21, 2006 10:15:42 AM)
Janet, what percentage of accepted students were accepted each round? Is there an advantage to applying in different rounds?
Adarsh (Jun 21, 2006 10:16:03 AM)
I have heard that getting recommendation from an alumni of the school greatly improves the chances of being admitted into the B school. Is that true in case of IMD?
JanetShanerIMD (Jun 21, 2006 10:16:32 AM)
Linda, we take people from every deadline and don't have specific percentages for each. However, earlier is usually better because we look for diversity in the class.
ParvathySankarIMD (Jun 21, 2006 10:16:38 AM)
Adarsh, I am taking the PDE course (psychological counseling) and this has really been helpful to understand myself. Besides understanding influences from my past it also helps me understand how and why I behave in certain ways within the course, the group and individually in my personal life and thoughts.
Linda Abraham (Jun 21, 2006 10:16:46 AM)
Parvathy: Besides the leadership and personal development classes, what has been your not-to-be missed class? Who has been your best professor?
pcvarmenia (Jun 21, 2006 10:16:55 AM)
Janet, for someone interested in pursuing a career in social entrepreneurship in the long run, how does IMD's curriculum and offering facilitate such change?
JanetShanerIMD (Jun 21, 2006 10:17:13 AM)
We look for recommendations from people who know you well and can comment on your abilities. We look for at least 2 of the 3 from business relationships. Past that, it doesn't matter if they are alumni or not.
Abhishek (Jun 21, 2006 10:17:39 AM)
Janet, how would you see a layoff due to industry downturn in 2002, and a small career break after that. However, for the past 3 years, the career progression had been very good. Does "layoff" sound negative?
JanetShanerIMD (Jun 21, 2006 10:18:21 AM)
pcvarmenia, we have several elements in social entrepreneurship including the discovery expedition and the stakeholder management/ethics module. In addition, you gain good business skills - which are key to leading an organization, including one in social entrepreneurship.
Adarsh (Jun 21, 2006 10:18:32 AM)
What percentage of students at IMD are able to get financial aid and what percentage of expenses is covered by the aid?
JanetShanerIMD (Jun 21, 2006 10:19:15 AM)
We recognize reality - that layoffs happen. It would be good to address the reasons for your layoff and what you did in your time off in your application. Address it; don't hide it.
pcvarmenia (Jun 21, 2006 10:19:21 AM)
Janet, excuse my question since I have not looked at the application. Does IMD require recommenders to fill out an online form? If that is the case, can a "one-size-fits-all" letter suffice if it answers all of the questions?
ParvathySankarIMD (Jun 21, 2006 10:19:48 AM)
Linda, my favorite class has been International Political Economy by Jean-Pierre Lehmann; Jim Ellert for Finance; and Correy Billington for Supply Chain and Procurement are two other professors whom I would mention for taking very interesting classes. It has been difficult choice to make and each of us in the class would answer differently.
JanetShanerIMD (Jun 21, 2006 10:19:55 AM)
We offer financial aid up to Sfr 60,000 or half the cost of the program assuming you have financial need. About 25% of the class receives some sort of financial aid.
Linda Abraham (Jun 21, 2006 10:20:29 AM)
Janet, are there any special considerations for re-applicants at IMD? Should reapplicants obtain recommendations from different recommenders. If an applicant does not receive encouragement to reapply, is it a waste for that applicant to do so?
JanetShanerIMD (Jun 21, 2006 10:20:33 AM)
pcvarmedia, we have a specific recommendation form that can be done online or sent via mail. A generic letter does not meet this criteria.
Adarsh (Jun 21, 2006 10:21:01 AM)
What is the total cost of program? If I am correct in interpreting your answer it's sfr 120, 000.
Stephane (Jun 21, 2006 10:21:26 AM)
For the trip to Argentina, what is the topic, the aim of this trip exactly?
ParvathySankarIMD (Jun 21, 2006 10:21:58 AM)
Adarsh, the total cost of the program is 110,000 SFr.
JanetShanerIMD (Jun 21, 2006 10:22:14 AM)
Linda, we would encourage someone who wants to reapply to first understand why they were declined. If they have changed the reason why, i.e. they gained more work experience because they were too young, then reapplication is fine. If things haven't changed then it makes less sense. For recommendations for new applicants, you need 2 new recommendations (not three) and you need to complete the application again.
Linda Abraham (Jun 21, 2006 10:22:53 AM)
I agree. Do you give feedback to rejected applicants interested in reapplying?
ParvathySankarIMD (Jun 21, 2006 10:23:02 AM)
Stephane, there are different topics for the trip to Argentina - the class is divided into groups which deal with the topics like Human Rights, Governance, Economic situation, poverty, inequality and so on. The aim of the trip is to introduce us to the challenges that are present in challenging environments in the country. So we are in different environments than the ones we are used to.
Adarsh (Jun 21, 2006 10:23:10 AM)
Is it possible to get a work permit in Europe after doing an MBA?
pcvarmenia (Jun 21, 2006 10:23:17 AM)
Parvathy, would you please describe your experience with the famed interview process?
JanetShanerIMD (Jun 21, 2006 10:23:43 AM)
Linda, we do give feedback to applicants if they specifically ask for it and make an appointment with our admissions manager to talk about their application.
JanetShanerIMD (Jun 21, 2006 10:24:32 AM)
Adarsh, yes it's possible. The company who hires you applies for the work permit, so you need to convince them that you're the best candidate for the job.
Linda Abraham (Jun 21, 2006 10:24:36 AM)
In parallel to pcvarmenia's question: Janet, IMD has a demanding and extensive interview process. I have read about it in the MBA Admissions Feedback Database. How do you use the interview in the evaluation process?
Adarsh (Jun 21, 2006 10:25:15 AM)
JanetShanerIMD (Jun 21, 2006 10:25:40 AM)
Linda, the interview is a critical part of the evaluation process. Everyone must be interviewed. We have 3 parts: personal interview, impromptu presentation, and case study. We find that people who do well in all three parts are a good fit for the class and stand a good chance of being offered a place.
Linda Abraham (Jun 21, 2006 10:26:02 AM)
Adarsh (Jun 21, 2006 10:26:25 AM)
Do you have to travel to Switzerland to complete the evaluation process?
Abhishek (Jun 21, 2006 10:26:34 AM)
One of the IMD's requirement is "We look at the time you have spent living outside your country of origin..." Is there a required "time period" which IMD is looking for? What if a person has very less international work experience, say three months, but a very challenging one and full of learning.
ParvathySankarIMD (Jun 21, 2006 10:26:39 AM)
PCVarmenia, Well, that was a tough process. The day started in the morning with a one on one interview with an admissions personnel. Later I was given the topic for impromptu presentation and a time limit to prepare for this. We then had a business case study discussion (the case study was sent earlier when we got the call for the interview). At the end of the day I had to present what I had prepared for the impromptu presentation in a very short time frame followed by Q&A by admissions personal.
JanetShanerIMD (Jun 21, 2006 10:26:57 AM)
Adarsh, we do most of our interviews in Lausanne, though each year we do a special session in Singapore in May.
Linda Abraham (Jun 21, 2006 10:27:11 AM)
IMD's web site makes a big distinction between managers and leaders. How would you define the difference?
Stephane (Jun 21, 2006 10:27:29 AM)
How does it go for the case study?
Adarsh (Jun 21, 2006 10:28:29 AM)
You have two sessions one starting from September another from January each year, correct? The January batch gets a chance of 7 weeks internship, correct?
JanetShanerIMD (Jun 21, 2006 10:28:36 AM)
Abhishek, you have the work experience you have. Keep in mind that you're competing with people who may have more, but highlight your experience as much as possible and tell us about your learning from it.
pcvarmenia (Jun 21, 2006 10:28:53 AM)
Janet, following the interview, is the admission decision arrived by adcom or the faculty?
JanetShanerIMD (Jun 21, 2006 10:29:02 AM)
Adarsh, we have one session starting in January.
Linda Abraham (Jun 21, 2006 10:29:22 AM)
Adarsh, INSEAD has two intakes, not IMD.
JanetShanerIMD (Jun 21, 2006 10:29:37 AM)
The admissions decision is taken by our admissions director, manager, and program director.
Adarsh (Jun 21, 2006 10:30:31 AM)
Does the program include an internship?
JanetShanerIMD (Jun 21, 2006 10:30:35 AM)
Adarsh, we have only 4 weeks vacation so no internships. We do have 2 projects in international consulting and entrepreneurship. You can find more details on our website.
ParvathySankarIMD (Jun 21, 2006 10:30:39 AM)
Stephane, the case study takes an hour to 1.5 hours. I would say, that you should analyze the facts in the case completely before you come, run the numbers and form your own hypothesis and support your hypothesis on logical grounds.
j,pcvarmenia (Jun 21, 2006 10:30:58 AM)
Janet, other than size, an emphasis on soft skills, and the breathtaking view, how else does IMD differentiate from the other "competitors" such as LBS and INSEAD?
JanetShanerIMD (Jun 21, 2006 10:32:07 AM)
We have 4 things that make us different: leadership focus, more mature profile (typically 4-9 years work experience), international class, small/personal approach, real world projects in entrepreneurship, international consulting and discovery expedition.
ParvathySankarIMD (Jun 21, 2006 10:32:14 AM)
Adarsh, the MBA Diary also gave me a very good understanding of the program and how people thought during the program.
Adarsh (Jun 21, 2006 10:32:17 AM)
IMD has 4 application deadlines. Do candidates who apply in an earlier deadline have a better chance of getting accepted?
Stephane (Jun 21, 2006 10:32:48 AM)
Have you met any student who later on had problems entering in a consulting company because of less work experience? I have three years work experience.
JanetShanerIMD (Jun 21, 2006 10:33:20 AM)
Adarsh, we have 5 application deadlines every year: Feb, April, June, Aug, and Sept. Earlier is better, though we take people from every deadline.
pcvarmenia (Jun 21, 2006 10:33:53 AM)
Parvathy, how do you rate IMD's finance courses?
JanetShanerIMD (Jun 21, 2006 10:34:13 AM)
Stephane, for someone with less work experience, we would look for something more unique/outstanding in your background. Ideally that would interest recruiters as well.
Linda Abraham (Jun 21, 2006 10:34:46 AM)
Does IMD accept 3-year bachelors degrees?
JanetShanerIMD (Jun 21, 2006 10:35:15 AM)
Linda, yes we do accept 3 year bachelors degrees.
ParvathySankarIMD (Jun 21, 2006 10:35:25 AM)
pcvarmenia, the professor and the course are really very good . As I said, Jim Ellert, our Finance Professor, is a very experienced and excellent professor who brings the subject down to earth completely even for people without any finance background like me.
pcvarmenia (Jun 21, 2006 10:35:39 AM)
Parvathy, the myth has it that IMD students do not sleep. How true is that?
Linda Abraham (Jun 21, 2006 10:35:58 AM)
Will IMD consider applicants who already have an MBA and want a second MBA?
Abhishek (Jun 21, 2006 10:36:34 AM)
How does IMD differentiates between leaders and managers?
JanetShanerIMD (Jun 21, 2006 10:36:44 AM)
Linda, yes we will consider applicants who already have an MBA - if they have a good reason why it makes sense to get a second MBA. Often that happens with Indians who did an MBA directly out of university and now want to do an international MBA.
Linda Abraham (Jun 21, 2006 10:36:54 AM)
yann (Jun 21, 2006 10:36:57 AM)
I have a question regarding the chance a 28/29 person has compared to a 30 plus year old applicant? I was surprised during a session to notice that most students are 31 or 32.
Adarsh (Jun 21, 2006 10:37:31 AM)
I want to know more about IMD's alumni who are entrepreneur's but am unable to find a web page about this. Can you tell me a place where I can find more information?
ParvathySankarIMD (Jun 21, 2006 10:37:36 AM)
pcvarmenia, it is completely untrue that we do not sleep. We slept for an average of 4 hours a day - you can see our initial statistics collection in the diary of February 14.
Linda Abraham (Jun 21, 2006 10:37:45 AM)
JanetShanerIMD (Jun 21, 2006 10:37:52 AM)
Abhishek, leaders are more likely to have a vision, lead innovation, form a strategy, take risks, and implement moving forward and organization. Managers may be more likely to focus on the execution side of things.
ParvathySankarIMD (Jun 21, 2006 10:39:04 AM)
Yann, there are quite a few people in my class who are 28/29. Typically, the age range is from 27-35.
pcvarmenia (Jun 21, 2006 10:39:15 AM)
Pavarthy, I sense much truth in your answer. In that case, how do you deal with sleep deprivation?
Linda Abraham (Jun 21, 2006 10:39:19 AM)
Is there an upper age limit at IMD?
JanetShanerIMD (Jun 21, 2006 10:39:21 AM)
Adarsh, we have a selection of alumni by nationality on our website. If you want more specific contacts, you can request to contact entrepreneurial alumni - again from a link on our website. We're happy to provide you with alumni references.
pcvarmenia (Jun 21, 2006 10:40:00 AM)
Does the IMD MBA candidate have a chance to interact with students from the executive program? In particular, are there opportunities to network with them?
Adarsh (Jun 21, 2006 10:40:05 AM)
Janet can you give me a link for that.
JanetShanerIMD (Jun 21, 2006 10:40:22 AM)
Linda, normally when someone is older than 35 we recommend that they consider our EMBA program. It's better to learn from people with similar experiences to yours and we find that is a better fit both for us and for the individual.
Linda Abraham (Jun 21, 2006 10:40:31 AM)
JanetShanerIMD (Jun 21, 2006 10:40:56 AM)
Adarsh, it's in the alumni section of our website - sorry I can't open the website right now to give you the link.
Abhishek (Jun 21, 2006 10:40:56 AM)
Janet, I have heard that the international B-Schools have pools for particular categories of students to maintain the diversity. Is this true?
Adarsh (Jun 21, 2006 10:41:17 AM)
OK, thanks Janet.
ParvathySankarIMD (Jun 21, 2006 10:41:26 AM)
We have an information session on how to deal with sleep deprivation in the beginning of the course - but seriously, we resort to power naps of 10 minutes -15 minutes when we can initially. Subsequently we get used to it and we do not notice it anymore. It was difficult initially.
yann (Jun 21, 2006 10:41:32 AM)
As someone from France, I wanted to know how important the business or engineer school you came from? I am coming from a "normal university" and wonder if only the top schools approach is one shared by IMD?
JanetShanerIMD (Jun 21, 2006 10:41:52 AM)
Abhishek, we look for diversity in nationality, work experience, gender, functional experience etc. We don't have pools - it would be too complex for all of those options. We do try to put together the best class of 90 people, maximizing diversity on all those elements.
pcvarmenia (Jun 21, 2006 10:42:10 AM)
Janet, how does the admissions committee evaluate various components in a GMAT score?
pcvarmenia (Jun 21, 2006 10:42:53 AM)
Parvathy, what is your impression of the IMD alumni network?
JanetShanerIMD (Jun 21, 2006 10:43:33 AM)
pcvarmenia, we look to see that your GMAT score is not skewed one way or the other, i.e. not a great verbal and very low quant. Other than that there is nothing special we are looking for. The range is typically 610-750.
Stephane (Jun 21, 2006 10:43:56 AM)
For the GMAT, do you look at the essay?
Linda Abraham (Jun 21, 2006 10:44:12 AM)
IMD puts a lot of emphasis on work experience. Qualitatively, what do you want to see in terms of work experience?
ParvathySankarIMD (Jun 21, 2006 10:44:14 AM)
There is a lot of opportunity to interact with the executives MBA students. We have a online portal where we can get information about the executives in campus at a particular time. If we are interested the MBA office also sets up lunches with them.
JanetShanerIMD (Jun 21, 2006 10:44:15 AM)
Yann, We consider your education - but more important for us is your work experience after university, your application and what your recommenders say about you.
JanetShanerIMD (Jun 21, 2006 10:44:39 AM)
Stephane - we look at your score. We don't read the essay.
pcvarmenia (Jun 21, 2006 10:45:01 AM)
Janet, do you have an estimate on the number of alumni in US and Asia?
ParvathySankarIMD (Jun 21, 2006 10:45:35 AM)
The IMD Alumni network is very strong and is a very friendly network. I have been able to contact anyone and I get immediate useful replies and help from them whenever I have contacted anyone.
sk2006 (Jun 21, 2006 10:45:42 AM)
Janet, what percent of 610-750 GMAT scores is under 680 from the application pool?
JanetShanerIMD (Jun 21, 2006 10:46:05 AM)
Linda, for work experience we look at the leadership roles you played, career progression, how much responsibility you had, and what you learned from it as described in your application. We also look at what recommenders say about you and how you made an impact on the organization.
JanetShanerIMD (Jun 21, 2006 10:46:34 AM)
sk2006, 680 is the average, so probably half are above and half are below.
JanetShanerIMD (Jun 21, 2006 10:47:24 AM)
pcvarmenia - I don't have an estimate off the top of my head on alumni in the US and Asia. We have 55,000 alumni, from all IMD programs worldwide.
Stephane (Jun 21, 2006 10:47:57 AM)
Janet, if in our current position we can not really display or have the opportunity to demonstrate leadership, are experience in the army, extracurricular activities and sport experiences considered?
yann (Jun 21, 2006 10:48:05 AM)
What are the chances of a person from a marketing background? Is it profiles IMD is looking for? I could see a strong focus on engineer/consulting.
Adarsh (Jun 21, 2006 10:48:17 AM)
Is there another way to contact any of those Alumni's other than the alumni group email address?
Abhishek (Jun 21, 2006 10:49:13 AM)
Janet, if we want to talk to alumni from a particular industry/background, how can we access the contact details? The IMD website denies the access. Will the Admission office provide these details?
JanetShanerIMD (Jun 21, 2006 10:49:18 AM)
Stephane, you can demonstrate leadership in many ways, leading teams, extracurricular experience, experience in the army. Leadership doesn't necessary mean managing 40 people.
ParvathySankarIMD (Jun 21, 2006 10:49:57 AM)
Yann, we do have people in our class with marketing backgrounds. IMD values diversity and hence people with different backgrounds are found in the classes.
Linda Abraham (Jun 21, 2006 10:50:05 AM)
Parvathy, what do you wish you would have done before starting your MBA that would have made the beginning/transition easier? Did you do anything especially effective that helped you?
pcvarmenia (Jun 21, 2006 10:50:40 AM)
Parvathy, what is the percentage of students who are married? How does that play into an already marginal social life?
ParvathySankarIMD (Jun 21, 2006 10:51:37 AM)
Linda, I wish I had read more finance before I started the course considering my absolute zero knowledge in finance and accounting. There will be no time to do it once the course starts.
JanetShanerIMD (Jun 21, 2006 10:51:37 AM)
Adarsh and Abhishek, on our website we have a link where you can request to contact alumni. You give us your details and tell us what types of alumni you would like to contact and we will send you a list of those who have agreed to talk to prospective applicants and match your criteria.
Linda Abraham (Jun 21, 2006 10:52:31 AM)
Janet, do you have any suggestions for students about to start at IMD?
pcvarmenia (Jun 21, 2006 10:52:34 AM)
Janet, besides a new location for DE, will there be any planned curriculum change in '08?
JanetShanerIMD (Jun 21, 2006 10:53:04 AM)
pcvarmenia - it's too early to tell. We try to take feedback from participants and then make innovations from there.
Stephane (Jun 21, 2006 10:53:20 AM)
I have noticed when I went to a previous presentation and got a brochure that a lot of students seem to be able to speak three, four or five languages, Is that a very important parameter?
pcvarmenia (Jun 21, 2006 10:53:35 AM)
Janet, in that respect, how much does the program change from year to year?
JanetShanerIMD (Jun 21, 2006 10:53:39 AM)
Linda, do the reading preparation that we send you, to address Parvathy's point. Then just prepare yourself mentally for an intense, challenging and rewarding year.
ParvathySankarIMD (Jun 21, 2006 10:53:58 AM)
I think about 50% of the students are married. There are many with their partners here and people like me who have left the spouses back at home. Those with partners have a partner network and are quite well integrated into the social activities we have here. The first 6 months are nevertheless difficult for them as they get used to dealing with life where they see their partners much less - but they have built a very strong supportive network amongst themselves.
JanetShanerIMD (Jun 21, 2006 10:54:15 AM)
Stephane, because people have international experience they can often speak many languages. We look for that as one indication of your international experience.
JanetShanerIMD (Jun 21, 2006 10:55:10 AM)
pcvarmenia, normally the program doesn't change dramatically from year to year, but we do make innovations every year to stay at pace or ahead of the market and make sure we're delivering the best value to participants.
yann (Jun 21, 2006 10:55:33 AM)
Does IMD have special agreements or connection with some MNCs?
ParvathySankarIMD (Jun 21, 2006 10:55:59 AM)
Adarsh, as Janet mentioned in the beginning of the chat, the location for DE program has changed from Bosnia to Argentina this year. More details can be found in the website under The Program and Discovery Expedition section.
JanetShanerIMD (Jun 21, 2006 10:56:36 AM)
Yann, IMD has 160 companies who join our learning network. You can get more details about these companies on the website.
Abhishek (Jun 21, 2006 10:57:31 AM)
How do you look at a candidate who went for an MS after very successful 4 years industrial experience and now wants to pursue an MBA?
JanetShanerIMD (Jun 21, 2006 10:58:03 AM)
Abhishek, does that mean you just finished an MS?
RAchel (Jun 21, 2006 10:58:15 AM)
Do you have any specific advice for US applicants?
Abhishek (Jun 21, 2006 10:58:55 AM)
No, one of my friend is finishing his MS this year and is interested in a 1 year MBA program..
JanetShanerIMD (Jun 21, 2006 10:58:58 AM)
Rachel, our advice for all applicants is to carefully complete the application and all the required elements, tell us what you have achieved, why an IMD MBA, and what you will contribute to the class.
JanetShanerIMD (Jun 21, 2006 10:59:44 AM)
Abhishek, it seems to make less sense to do an MS and then move immediately into and MBA. We would look for a good explanation/understanding of how that works within your career goals.
pcvarmenia (Jun 21, 2006 10:59:53 AM)
Janet, how do you view an applicant who took time off for some soul-searching, after 5 successful years in tech, and has decided to take a leap into nonprofit/social enterprise? Will the break negatively affect the candidate?
RAchel (Jun 21, 2006 11:00:05 AM)
How do students find the task of balancing the MBA while still spending time with their children?
Abhishek (Jun 21, 2006 11:00:34 AM)
Thanks Janet, I think he will have to rethink his decision.
JanetShanerIMD (Jun 21, 2006 11:00:38 AM)
pcvarmenia, we would look for you to help us understand your logic behind those choices and how they and an IMD MBA fit with your future career goals. If the story makes sense, that's ok with us.
Stephane (Jun 21, 2006 11:01:14 AM)
Thanks Janet and Parvathy for answering our questions. Good evening everybody.
yann (Jun 21, 2006 11:01:29 AM)
Yes thanks to everybody.
ParvathySankarIMD (Jun 21, 2006 11:01:31 AM)
Rachel, I have a classmate who became a mother a couple of months before the program and I have a couple of classmates who have two older children. It was difficult for them during weekdays but they did take sometime off with the children on Sunday.
JanetShanerIMD (Jun 21, 2006 11:01:31 AM)
Rachel, it's tough, but we do have many partners and children in the program. We have a partner program and kindergarten to help them get acquainted. And it takes good cooperation between the participants and partners to work through especially the first 6 months.
Linda Abraham (Jun 21, 2006 11:01:41 AM)
Thank you again all for participating today. Special thanks to Janet and Parvathy.
JanetShanerIMD (Jun 21, 2006 11:02:00 AM)
Thanks to you all for joining. Please don't hesitate to contact us via email if you have more questions.
Abhishek (Jun 21, 2006 11:02:01 AM)
Thanks Janet, Parvathy and Linda.
Stephane (Jun 21, 2006 11:02:07 AM)
Thank you too Linda. :)
Linda Abraham (Jun 21, 2006 11:02:31 AM)
Good luck with your applications!
Adarsh (Jun 21, 2006 11:02:36 AM)
Thanks Parvathy and Janet
Linda Abraham (Jun 21, 2006 11:02:46 AM)
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