International Institute for Management Development - IMD

AAA

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.

INVESTOPEDIA EXPLAINS '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. 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. Magna 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. Invest In Yourself With A College Education
    Economics

    Invest In Yourself With A College Education

  2. The Real Cost Of An MBA
    Professionals

    The Real Cost Of An MBA

  3. Should You Head Back To Business School?
    Professionals

    Should You Head Back To Business School?

  4. 5 Ways To Fund A College Education
    Savings

    5 Ways To Fund A College Education

Hot Definitions
  1. Wage-Price Spiral

    A macroeconomic theory to explain the cause-and-effect relationship between rising wages and rising prices, or inflation. ...
  2. Accelerated Depreciation

    Any method of depreciation used for accounting or income tax purposes that allows greater deductions in the earlier years ...
  3. Call Risk

    The risk, faced by a holder of a callable bond, that a bond issuer will take advantage of the callable bond feature and redeem ...
  4. Parity Price

    When the price of an asset is directly linked to another price. Examples of parity price are: 1. Convertibles - the price ...
  5. Earnings Multiplier

    An adjustment made to a company's P/E ratio that takes into account current interest rates. The earnings multiplier is used ...
  6. Macroeconomics

    The field of economics that studies the behavior of the aggregate economy. Macroeconomics examines economy-wide phenomena ...
Trading Center