In this section, you will find important information on the program fee, application, invoicing, cancellation and transfer. If you have any questions, please do not hesitate to contact our program advisors.
The program fee (which can be found on the overview page) includes tuition, teaching materials, and lunch on weekdays. Travel or living expenses are not covered. You must settle your own hotel bills, both when in Lausanne and on off-campus assignments, as well as all dinners and lunches on weekends when applicable. IMD reserves the right to modify the program fee at any time.
To make a non-binding reservation, send us a completed tentative reservation form. This carries no obligation and is not a substitute for the formal application form.
Application & invoicing
Your application is forwarded to the Program Director who will evaluate it to ensure that the program corresponds to your objectives and profile. This can take approximately 1 week.
The Information & Registration office will notify you of the outcome of your application. If you are accepted, they will send your acceptance letter and invoice fee together by priority mail. From this point, your enrollment will be considered firm by both you and IMD.
Please pay the program fee within 30 days of the invoice date and no later than the commencement of the program. If you register within 1 month of the start of the program, you must settle the invoice immediately without exception. Payment can be made by bank transfer or credit card.
Up to six weeks before the program start date, a program coordinator will contact you with information on hotels and pre-program preparation. Please note that IMD reserves enough rooms for each participant on the program.
If accepted, you understand that you must be completely free of professional duties while attending this program and that you must attend all scheduled sessions and activities.
Cancellation & transfer policy
IMD must be notified in writing of all cancellations and transfers. If you are admitted to a program, but find that you are unable to attend, you have the following cancellation and transfer options:
Up to six weeks before program start:
- Cancellation: You receive a full refund of the program fee.
- Transfer: You may transfer to the next available session with no transfer fee.
Note: IMD programs tend to be fully booked well in advance. Space may not be available in a later session.
From six weeks to up to 11 days before program start:
- Cancellation: You incur a 50% cancellation fee.
- Transfer: You incur a 20% transfer fee.
Within 10 days before program start:
- Cancellation: You incur a 100% cancellation fee.
- Transfer: You incur a 100% transfer fee.
A participant can be substituted on the same program session without incurring any fees. The substitute needs to apply and be admitted.
Note: Once you have paid the program tuition fee, if you do not attend another program within 24 months, the program fee will be forfeited.