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INSEAD News October 15, 2006

Posted by InvisibleInk in General, INSEAD.

Here is the recent newsletter posted by the Dean on cyber-INSEAD. If you want to apply to INSEAD in the future or simply want to learn more about the school, it’s worth a glance. I recommend the podcasts. You can also subscribe to those podcasts on iTunes. It is good to see the school following the footsteps of HBS, Fortune, BusinessWeek, and getting visibility in the podcast arena. Afterall, we live in the world of Web 2.0. I heard so much about the INSEAD professor Horacio Falcao who teaches Negotiations classes. Everyone I talked to said his classes are extremely interesting and very useful. I am looking forward to listening his podcast. Also congratulations to INSEAD on being accepted as the first of only five planned academic partners of the World Economic Forum.

Dear all,

Every two months I share with all MBA participants on campus, news about the school, the MBA programme and our alumni. Although you are not on one of our campuses yet, you will soon be. See below the most recent newsletter that I sent to both classes.

Antonio Fatas
Dean of the MBA Programme


MBA Newsletter, October 2006

Changes in technology. Over the coming weeks we will be making some changes in the way the MBA intranet looks as well as some school-wide IT related projects. For example, the school is about to launch a series of podcasts where faculty talk about their research, books, courses. The first two podcasts are from professors who teach regularly in the MBA programme and discuss the content of their courses (Patrick Turner who teaches Your First Hundred Days and Horacio Falcao who teaches Negotiations). If you want to listen to the podcasts, you can find them at http://www.insead.edu/podcast/. I would also like to thank the Student Council for all the effort they have put into developing a comprehensive student web site. Finally, if you have ideas on how to improve the MBA intranet (or technology in general), I have a strong personal interest in the subject and will be happy to discuss your ideas.

Some recent projects for the school. There are a couple of interesting external projects that the school is pursuing to improve our reach and our brand. Abu Dhabi: the school has signed an important agreement over the summer with the Abu Dhabi Education Council to create a Centre for Executive Education and Research. We will be developing the centre over the coming years with an eventual team of 30 – faculty and staff – based in Abu Dhabi. This is a great opportunity to develop our activities and brand in the Middle East and in general to promote our positioning as the Business School for the World. World Economic Forum: Our Dean, Frank Brown, recently met with the Forum leadership in Geneva, as he has been keen to have INSEAD recognised as a Forum partner. We can now announce that we’ve just been accepted as the first of only five planned academic partners. Faculty participation in the annual meeting in Davos and in regional meetings throughout the year will create excellent opportunities for us to develop brand awareness. We will also be involved with teaching the Forum’s outstanding Global Leadership Fellows group.

Some past and forthcoming events in our two campuses. In the last weeks we have seen the CEO of Lenovo (Bill Amelio) in Singapore and the CEO of IBM (Sam J. Palmisano) in Fontainebleau as part of the GLS series. Last week, Patricia Morrison, CIO of Motorola spoke in our Singapore campus and we will see Sidney Taurel, CEO of Eli Lilly in Fontainebleau (November 8th) also as part of the GLS series. The INSEAD Meeting in Asia (http://www.inseadmeetinginasia.org/) , will take place November 2nd-5h in Singapore and it is the largest gathering of INSEAD’s board & council members, alumni, supporters and friends in Asia. We will also be running over the next weeks the Open days for admitted participants to the class of December 2007. Our aim is to give them the opportunity to begin networking with their future classmates, current participants, faculty and staff, and to enable them to discover the INSEAD lifestyle before joining the Programme. One event will take place in Fontainebleau on October 21st, and the other in Singapore on November 4th. There are over 100 participants and partners who have signed up for these events who we look forward to welcome on our campuses. Detailed information about both events can be found at http://www.insead.edu/mba/opendays.

Campus News. We have welcomed a new class just a month ago and the class is already well integrated into the community. The Class of July 2007 are busy with their P1 courses and ready to start the process of deciding in which campus they will be for the last three periods of the programme: Singapore, Fontainebleau or Wharton. The Class of December 2006 is busy with electives and job search. A record number of companies is coming to campus this Fall (about 135 companies will be doing on-campus presentations). Both classes will see for the first time a new elective on communication skills (The Art of Communication).

Recent Press Coverage of INSEAD MBA electives. A few recent articles from Business Week have highlighted INSEAD MBA electives as being innovative. Our collaboration with the Art Center (Pasadena) was mentioned as a good example of partnerships between D-schools (Design schools) and B-schools in this article (http://www.businessweek.com/magazine/content/06_41/b4004401.htm) . They also dedicated an entire article (http://www.businessweek.com/magazine/content/06_41/b4004407.htm) to feature Sameer Agrawal (graduated in 2005) who participated in this programme in Jan 2005. The collaboration with the Art Center in Pasadena involves a series of MBA electives with participation of design students. The programme has been running in the Fontainebleau campus but will be moving to the Singapore campus for the January 2007 edition. The elective Your First Hundred Days, taught by professor Patrick Turner, was also highlighted in a separate article (http://www.businessweek.com/bschools/content/aug2006/bs20060831_975840.htm?chan=top+news_top+news+index_b-schools) a few weeks ago.

INSEAD in the News. Our communications department puts together a weekly list of press articles that write about the school, its faculty or alumni. You can see below some of the highlights of the articles from last week as well as links to some of them.

* A piece of news regarding MBA alumna Karen John who has been appointed to Vice President of Design and Merchandising for company ‘Design Within Reach Inc’.

* The Guardian, UK, 30 September, Home and away – The competition among business schools intensifies with US schools setting up operations in Europe. Caroline Diarte Edwards, INSEAD’s Director of Admissions, Marketing and External Relations is quoted about the advantages of the one-year MBA. The article also cites MBA alumnus Jonathan Evans who participated in the INSEAD-Wharton exchange.

* La Tribune.fr & eFinancialCareers.fr, France, 12 September, ‘Un master de l’INSEAD sur-mesure pour Macquarie’ – Excellent article about the new INSEAD – Macquarie Master of Finance

* Hong Kong Economic Journal, September – Following his visit to INSEAD, Hong Kong journalist Cheuk Fei Man wrote an in-depth article about the school and its history. The article describes INSEAD’s different programmes and includes quotes by MBA and Executive Education participants, key staff and professors.

* The Wall Street Journal, 24 September, ‘Is a stock buyback a signal to buy?’ – INSEAD Professors Theo Vermaelen and Urs Peyer tested returns for 11 portfolios, each comprising 50 companies with relatively significant undervaluation and which announced a repurchase plan in the prior year. They found that the portfolios, started each year from 1992 through 2002, did better than a market benchmark.
* Inc. Magazine, USA, September, ‘The Impostor Syndrome’ – This article explore why so many successful entrepreneurs feel like fakes and quotes INSEAD Professor Manfred Kets de Vries about the ‘impostor syndrome’.

Other articles of interest

* Degussa European Science to Business Award 2006. The award is offered in collaboration with INSEAD and Handelsblatt Germany.

* Russia launches a new Business School. One of the benefactors of the new school is Roustam Tariko, an INSEAD MBA alumnus. Covered in the FT (http://www.ft.com/cms/s/6a02d86c-466c-11db-ac52-0000779e2340.html) and in the IHT (http://www.iht.com/articles/2006/09/21/bloomberg/bxmba.php)

* Cambridge Evening News, ‘Man of the world has high hopes for Judge’ – Speaking about his new job as Dean of The Judge Business School at Cambridge University, Professor Arnoud De Meyer also gives a lot of praise to INSEAD where he spent 20 years of his career

* Børsen, Denmark
MBA alumnus Peer Kølendorf’s career as a serial entrepreneur and INSEAD Entrepreneur in Residence.

* The Economist, UK
Article about business angels. The journalist attended the INSEAD Private Equity Conference and we actually provided him with access to many of the personalities cited in the article. Unfortunately INSEAD is not mentioned.

* Handelsblatt, Germany
The INSEAD Centre for Research and Executive Education in Abu Dhabi.

* Het Financieele Dagblad, Netherlands
INSEAD launches Centre for Research and Executive Education in Abu Dhabi.

* La Tribune, France
MBA alumnus Loïc le Guesquet has been appointed CEO of Oracle France.
MBA alumnus Nicolas Wertrans has been appointed CEO of BMW France
The INSEAD-Macquarie Master of Finance Programme

* Le Figaro Magazine, France
Profile of MBA alumnus, Charles Philipponnat, CEO of Champagne Philipponnat.

* Le Figaro Entreprises, France
EMBA alumnus Luc Poppe about the value of his INSEAD experience

* New Zealand Herald
Professor Luk Van Wassenhove is quoted about humanitarian logistics

* Trends/Tendances, Belgium
About MBA alumnus Tanguy Peers, CEO of eBay Belgium

* Wirtschaftswoche, Germany
Announces the Booz Allen Hamilton MBA scholarships for women

* The Wall Street Journal
This is an article about short innovative Master degrees. The new INSEAD-Macquarie Master of Finance degree is covered.

Antonio Fatas
Dean of the MBA Programme
Professor of Economics



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