International Institute for Management Development - IMD

DEFINITION of 'International Institute for Management Development - IMD'

One of the top graduate business schools in the world, located in Lausanne, Switzerland. The International Institute for Management Development (IMD) was formed in 1990 following the merger of two management education centers that were originally created by Alcan and Nestle. IMD is set up to be primarily an executive education center and offers no university courses or affiliations.

BREAKING DOWN 'International Institute for Management Development - IMD'

IMD offers both an MBA and EMBA (for more experienced professionals) degree as well as an open executive education program which offers customizable courses. IMD deliberately keeps enrollment numbers very low and recruits applicants from around the world to ensure diverse classroom settings. The institute also publishes the "World Competitiveness Yearbook" which measures the overall economic competitiveness of the world's leading economic nations.

RELATED TERMS
  1. London Business School

    A school of international business in London. The London Business ...
  2. Executive MBA - EMBA

    A Master of Business Administration program that specifically ...
  3. B-School

    Abbreviation of business school, an educational institution that ...
  4. Babcock Graduate School of Management

    The school of business at Wake Forest University. It has an enrollment ...
  5. IE Business School

    A non-profit, independent educational institution that provides ...
  6. University Of Virginia Darden School ...

    A graduate school offering an MBA, executive MBA, Ph.D. and executive ...
Related Articles
  1. Personal Finance

    Top Universities for Getting an MBA Abroad

    Going abroad for an MBA can add cachet when it comes time to get a job.
  2. Professionals

    When Is an MBA Worth It?

    Earning an MBA can enhance one's career path, or help land a high-paying job. It also involves substantial expense and time. Here's when it makes sense.
  3. Personal Finance

    Insider's Guide To The Top U.S. Business Schools

    The best business school for you depends on your skills, career goals and interests. We help future MBA's make a more informed choice.
  4. Professionals

    MBA vs. Executive MBA: Which Is for You?

    What's the difference between an MBA and an EMBA in terms of cost and in value? Here's some help in making your choice.
  5. Financial Advisors

    Want to Be High-Earner? Avoid these College Majors

    Why these college majors might offer a poor chance of paying off those student loans sooner rather than later.
  6. Personal Finance

    Is An MBA The Best Bet For Finance, Econ Students?

    An MBA offers a fairly comprehensive business education, while a master's program in finance or economics focuses on a more narrow set of skills.
  7. Stock Analysis

    Top 4 Companies Owned By Nestle

    Discover the top four companies owned and operated by Nestle and how they have enabled the company to grow faster than its competition.
  8. Professionals

    Education Planning

    Education Planning
  9. FA

    Learn About the London Business School

    The London Business School is consistently ranked among the top business schools in the world. Students from more than 100 countries attend.
  10. Personal Finance

    Grad School After College: Go Right Away Or Wait?

    Going sooner keeps the education momentum going, but there are times when it pays to wait. Here's how to decide.
RELATED FAQS
  1. What are the best MBA programs for corporate finance?

    Read about the best MBA programs for students who want to pursue a career in corporate finance, including those at Harvard, ... Read Answer >>
  2. What is the best way to save for private school expenses? A 529 plan, a Coverdell ...

    If the goal is to put the money in the plan towards private school expenses, then the Coverdell Education Savings Account ... Read Answer >>
  3. Can I contribute to both a 529 plan and a Coverdell education savings account?

    You can contribute to both, and when your child is ready to attend college, as colleges do accept payments from both. There ... Read Answer >>
  4. What country spends the most on education?

    Learn about the amounts that various developed nations spend on educating their young people compared to education spending ... Read Answer >>
  5. What developed countries have the highest concentration in the banking sector?

    Learn about the developed countries that have the greatest concentration in the banking sector and the most important emerging ... Read Answer >>
  6. What does it mean to invest in money center banks?

    Invest in foreign and domestic banks when you invest in money center banks. You'll find these financial centers in many major ... Read Answer >>
Hot Definitions
  1. Law Of Demand

    A microeconomic law that states that, all other factors being equal, as the price of a good or service increases, consumer ...
  2. Cost Of Debt

    The effective rate that a company pays on its current debt. This can be measured in either before- or after-tax returns; ...
  3. Yield Curve

    A line that plots the interest rates, at a set point in time, of bonds having equal credit quality, but differing maturity ...
  4. Stop-Limit Order

    An order placed with a broker that combines the features of stop order with those of a limit order. A stop-limit order will ...
  5. Keynesian Economics

    An economic theory of total spending in the economy and its effects on output and inflation. Keynesian economics was developed ...
  6. Society for Worldwide Interbank Financial Telecommunications ...

    A member-owned cooperative that provides safe and secure financial transactions for its members. Established in 1973, the ...
Trading Center