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.

  1. Magna Cum Laude

    An academic level of distinction used by educational institutions ...
  2. Summa Cum Laude

    An academic level of distinction used by educational institutions ...
  3. Cum Laude

    An academic level of distinction used by educational institutions ...
  4. Baccalaureate Bond

    A zero-coupon bond issued by certain states to assist families ...
  5. Education IRA

    A savings plan for higher education. Parents and guardians are ...
  6. Master Of Business Administration ...

    A graduate degree achieved at a university or college that provides ...
Related Articles
  1. Economics

    Invest In Yourself With A College Education

    Spending a few thousand dollars on school could help you earn millions more.
  2. Professionals

    The Real Cost Of An MBA

    When adding up tuition, books, rent and foregone salary, an MBA can cost as much as a house. Is it worth it?
  3. Professionals

    Should You Head Back To Business School?

    Find out if an MBA is necessary for you to reach your professional goals.
  4. Savings

    5 Ways To Fund A College Education

    You can go to college without going broke, but it may take an unconventional approach.
  5. Professionals

    Ace Your Business School Courses

    Work smarter, not harder, to get top grades in your business school classes.
  6. Options & Futures

    Paying For College In An Economic Downturn

    There are many ways to fund a child's education including loans, scholarships, grants and protecting your investments.
  7. Personal Finance

    Is An Ivy League Degree Worth It?

    In 600 B.C. Aesop determined that a bird in the hand was worth two in the bush. Warren Buffett claims that this axiom can be used to determine the most valuable uses of capital. In this article ...
  8. Professionals

    The Best Financial Modeling Courses for Investment Bankers

    Obtain information, both general and comparative, about the best available financial modeling courses for individuals pursuing a career in investment banking.
  9. Savings

    Should You Look at 529 Plans Outside Your State?

    529 savings plans are not restricted by geography. So if your in-state offering has high fees or poor investment choices, look elsewhere.
  10. Investing

    4 Billionaires Who Dropped Out of Harvard

    People who became successful despite dropping out of Harvard University.
  1. What’s the difference between the two federal student loan programs (FFEL and Direct)?

    The short answer is that one loan program still exists (Federal Direct Loans) and one was ended by the Health Care and Education ... Read Full Answer >>
  2. Student loans, federal and private: what's the difference?

    The cost of a college education now rivals many home prices, making student loans a huge debt that many young people face ... Read Full Answer >>
  3. Can I use my IRA to pay for my college loans?

    If you are older than 59.5 and have been contributing to your IRA for more than five years, you may withdraw funds to pay ... Read Full Answer >>
  4. Can I use my 401(k) to pay for my college loans?

    If you are over 59.5, or separate from your plan-sponsoring employer after age 55, you are free to use your 401(k) to pay ... Read Full Answer >>
  5. What are the best MBA programs for corporate finance?

    Opinions vary based on which publications you consult, but the best MBA programs for a career in corporate finance are at ... Read Full Answer >>
  6. For which kind of jobs is having Magnum Cum Laude most important?

    Having a magna cum laude degree is most important for jobs in the fields of finance, management consulting and engineering. ... Read Full Answer >>

You May Also Like

Hot Definitions
  1. Cyber Monday

    An expression used in online retailing to describe the Monday following U.S. Thanksgiving weekend. Cyber Monday is generally ...
  2. Bar Chart

    A style of chart used by some technical analysts, on which, as illustrated below, the top of the vertical line indicates ...
  3. Take A Bath

    A slang term referring to the situation of an investor who has experienced a large loss from an investment or speculative ...
  4. Black Friday

    1. A day of stock market catastrophe. Originally, September 24, 1869, was deemed Black Friday. The crash was sparked by gold ...
  5. Turkey

    Slang for an investment that yields disappointing results or turns out worse than expected. Failed business deals, securities ...
  6. Barefoot Pilgrim

    A slang term for an unsophisticated investor who loses all of his or her wealth by trading equities in the stock market. ...
Trading Center