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Appendix 7-10
Helen Henderson
Director, MBA Externa1 Relations
SYLFF Administrators Meeting - 16-19 January 2007
Globalization of higher education - impact for business schools
About INSEAD
One school - two campuses: Fontainebleau and Singapore
147 Resident faculty across both locations
PhD 〜 12 per year
EMBA 〜 80 (joint degree with Tsinghua from 2007)
MBA 〜 900 >70 countries, no one nationality >14% - 1 year
(45% WE, 25% Asia, 10% NA, 10% AF/ME, 5% CEE, 5% LA)
Flagship programme - tuition 45K
Executive Education 〜 7,000 per year
Alliance with Wharton
Globalization and Student Recruitment
Many types of MBA exist today - FT, PT, EMBA, 1-2 yrs, distance
Worldwide increase in degree programmes available - more schools e.g since 1999, 10% increase in b-schools in USA and 53% in India (GMAC August 2006)
More choice available
B-schools compete for quality faculty and candidates
Demographic shifts
MBA target population expected to grow in USA, Canada, China, India, Taiwan, France but decrease in Germany, Italy, UK (GMAC Application Trends Survey Report July 2006).
B-schools can maintain increasing applications and enrolment by increasing their foreign applications.
Programme costs - competing with scholarships
Non US b-schools small/low endowments
Increasing requirement for schools to offer solid scholarship programmes.
SYLFF Programme at INSEAD
1988
Partial tuition funding for 2 PhDs for 2 years
Partial tuition scholarships for 2 to 4 MBAs per year
Contribution to Euro-Asia Centre researcher (under review)
Total scholarship spend at INSEAD 2 million/yr
Only 8% from endowed funds
Helps to attract and retain students - leadership across cultures
Set an example (endowment) for attracting funds
Need for more prestigious scholarship funds like SYLFF
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