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Who should attend

IMD's Executive MBA program is for fast-rising, internationally experienced executives.

Why pick the IMD Executive MBA?

You want to develop, learn more about business, the world around you, and about yourself. Join the world's most rigorous, most challenging and most rewarding Executive MBA program.

We offer a world-class EMBA steeped in real world learning to strengthen your career:

  • Unique opportunities to challenge yourself
  • Learning you immediately apply to your company
  • Personal leadership development and coaching
  • Exposure to diversity of thinking, culture and industries
  • A highly flexible and integrated program format
  • World-class Faculty with direct industry exposure

Program structure and duration

The IMD Executive MBA is a modular program consisting of two stages: the Foundation Stage and the Mastery Stage. You can choose both the timing of the Foundation Stage and of the Mastery Stage modules.

The Foundation Stage comprises two parts: first, Foundations for Business Leadership, a 20-day intensive program at IMD, and second, a five-week distance learning module - Advanced Management Concepts.The GMAT or other aptitude tests are not required.

Taking place over the course of one year - and starting either in April or November - the Mastery Stage combines three face-to-face core modules at IMD, three Discovery Expeditions and five distance learning online modules which take place between the core modules and Discovery Expeditions and span the full year. During the online modules you will work on a series of in-company, group, and individual assignments.

Timing is flexible, spreading nine weeks out of the office and approximately 50 weeks of distance learning over a minimum of 15 months.

Foundation Stage part 1: Foundations for Business Leadership | Dates

2016 | April 09-28
2016 | August 13-September 01
2016 | October 29-November 17

2017 | January 21-February 09
2017 | April 22-May 11
2017 | August 12-August 31
2017 | October 21-November 09

Visit the Foundations for Business Leadership website for the latest dates.

Foundation Stage part 2: Advanced Management Concepts | Dates

2016 | February 15 - March 21
2016 | May 16 - June 20
2016 | September 19 - October 24

2017 | February 27 - April 3
2017 | May 22 - June 26
2017 | September 18 - October 23

Mastery Stage | Dates

Module name Location November 2017 graduating class
Portal Launch Distance learning November 15 | 2016

Core Module 1 At IMD January 9 - 13 | 2017
Discovery Expedition I Shanghai, China January 15 - 21 | 2017

Discovery Expedition II India OR Brazil

March 5 - 11| 2017 (India)

April 2 - 8 | 2017 (Brazil)

Core Module 2 At IMD June 12 - 16 | 2017
Discovery Expedition III Silicon Valley, USA September 10 - 15 | 2017
Core Module 3 At IMD November 13 - 17 | 2017

Module name Location June 2018 graduating class
Portal Launch Distance learning May 2 | 2017

Core Module 1 At IMD June 12 - 16 | 2017
Discovery Expedition I Silicon Valley, USA September 17 - 22 | 2017

Core Module 2 At IMD January 15 - 19 | 2018

Discovery Expedition II Shanghai, China January 21 - 27 | 2018
Discovery Expedition III India OR Brazil

March 11 - 16 | 2018 (India)

TBD | 2018 (Brazil)

Core Module 3 At IMD May 28 - June 1 | 2018

Fee 2016

CHF 105,000

See fees and conditions for detailed overview.

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Our participants

The IMD Executive MBA program is for fast-rising, internationally experienced managers who aspire to lead. On average, an Executive MBA participant is 41 years old, has 16 years of prior work experience, and speaks several languages. Participants are key employees for their companies and come from a wide range of industries, functions, nationalities and business experiences.

Valuable assets

The 50-55 exceptional people we select for each IMD Executive MBA program are smart, motivated achievers in the mood to learn and willing to share their knowledge. As such, the most valuable assets of the program are the knowledge and insights you gain from, and with, your classmates. You will also build valuable relationships for your company and your career.

Typical class profile:

55 | Class enrolment

41 | Age

25 | % Female participants

30 | Nationalities and industries

16 | Years of work experience

Testimonials of past participants

The biggest difference for me between IMD and other schools is that it impacts your whole life. It pushes you to be a better leader. Chris Muntwyler President & CEO | Conlogic AG | Switzerland
Read the full success story of Chris Muntwyler here
The IMD EMBA transformed my leadership. I have become a better version of myself. Ann Christin Gjerdseth

Director Projects | FMC Technologies | Norway

What a journey... The EMBA has truly been a Discovery Expedition. I have forged life-lasting friendships with my classmates, I have explored unknown areas of the economy and management, and I have unveiled new facets of my company. But more deeply, I have discovered my leadership potential and how to effectively put it into action; the next journey can start now. Thomas Lesage

CIO Operations Lead Region Europe IT | Novartis Pharma | Switzerland

The IMD Executive MBA program is indeed 'real world, real learning': the combination of Discovery Expeditions, group assignments and company assignments pushes you to give your utmost best and beyond. This combined with the extraordinary group of peers in the classroom, made the program extremely fulfilling and enjoyable for me! It was an experience that accelerated my development as a business leader and I will always carry this with me in my further career. Jeroen Van der Neut

CEO | Grontmij AB | Sweden

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Unique program features

Real world, real learning
The IMD Executive MBA is a 100% execution-oriented program where you focus on applying your learning through company assignments, the leadership stream and Discovery Expeditions. At IMD, your company becomes your real world business case throughout the program and you test all that you learn with your business stakeholders, colleagues and peers.

Unique opportunities to challenge yourself
We provide unique and enriching opportunities at each step of your learning journey through Discovery Expeditions and integrative exercises in the classroom:

  • Pitch a real Swiss start-up company to venture capitalists in Silicon Valley
  • Participate in a 50-hour commercial crisis management simulation with the Swiss Armed Forces
  • Publish your own business case in a high profile business journal

Learning you immediately apply to your company 
You complete 5 company assignments. Working directly with your organization in the real world context, you try out new ideas, gather input and feedback, and go back to refine and develop a full-fledged business proposal, strategy or execution plan. Your focus is on customer insights, financial health, strategic directions, digital transformations and organizational design.

Personal leadership development and coaching
Enhance your ability to positively impact your organization: discover how you take-up or lose authority, better understand group dynamics and benefit from one-on-one personal coaching throughout the program.

Exposure to diversity of thinking, culture and industries

  • A diverse group of peers - average of 30 different nationalities and industries
  • Global Faculty - 10 nationalities teach on the IMD EMBA
  • Discovery Expeditions to 3 locations - experience globalization first-hand and master management skills in highly diversified business, social and political contexts

A highly flexible and integrated program format
The program consists of a Foundation Stage and a Mastery Stage, which require you to be out of the office for a total of only 9 weeks. You can join the Foundation Stage 4 times a year and the Mastery Stage twice a year, allowing you to choose the timing that works best for you and your organization.

You can complete the entire program in 15 months or choose to take longer. Yet, whatever sessions you choose to attend, you will experience a highly integrated learning journey that builds your knowledge and confidence to achieve mastery in business.

World-class faculty with direct industry exposure
Our Faculty are recognized world authorities in their fields, combining thought leadership with direct industry exposure. They cultivate close ties with leading CEOs, work directly with a vast range of industries and organizations and sit on the boards of several global companies. Find out more:

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The IMD Executive MBA is a modular program consisting of two stages - the Foundation Stage and the Mastery Stage. The modular structure of the program gives you great flexibility - allowing you to choose the timing that works best for you and your organization. The program design only requires you to be out of the office for a period of nine weeks in total: three weeks during the Foundation Stage and six weeks during the Mastery Stage - of which three take place at IMD and three in different locations on Discovery Expeditions.

You will learn through

  • Classes and video sessions with IMD's world-class Faculty
  • Case studies
  • Guest presentations featuring real-life challenges
  • Exercises and role-plays
  • Problem solving and conflict resolution
  • Off-campus crisis management simulation
  • Collaborative work
  • Company assignments
  • Personal coaching
  • Visits to leading-edge, fast-growing companies and regions

Foundation Stage

The Foundation Stage covers key themes and business challenges to help you develop your skills and integrate the business fundamentals of a global organization.

More on the Foundation Stage

Mastery Stage

Three pillars run throughout the Mastery Stage: company assignments, leadership and globalization. Taking place over the course of one year and starting either in April or November - the Mastery Stage combines three residential core modules at IMD, three Discovery Expeditions and five e-modules where you work at a distance.

More on the Mastery Stage

Program Structure Overview

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Our Faculty

Our Faculty members are recognized world authorities in their fields. Dividing their time between teaching, research and working with international companies, they remain on top of the latest management trends. You can expect timely, innovative learning activities, materials and content in all IMD programs.

Executive MBA Program Director

Stefan Michel Swiss
Marketing and Service Management
Dr. oec. publ. University of Zurich

Executive MBA Program Faculty

Ben Bryant Australian and British
Leadership and Organization
PhD London Business School

Charles Dhanaraj

American and Indian
Strategy and Global Leadership
PhD Richard Ivey School of Business,
University of Western Ontario

Bill Fischer

Innovation Management
DBA George Washington University

Tawfik Jelassi

French and Tunisian
Strategy and Technology Management
PhD Stern School of Business,
New York University

Nuno Fernandes Portuguese
PhD IESE Business School

Benoît Leleux Belgian
Stephan Schmidheiny Professor of Entrepreneurship and Finance

Anand Narasimhan British and Indian
Shell Professor of Global Leadership
PhD Vanderbilt University

Philip M. Rosenzweig American
Strategy and International Management
PhD The Wharton School, University of Pennsylvania

Leif Sjoblom Finnish
Financial Management
PhD Stanford University

Howard Yu Professor Howard H. Yu

Chinese (Hong Kong)
Strategic Management and Innovation
DBA Harvard Business School

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Below you will find an overview of the costs for tuition and other expenses. All costs in addition to tuition are estimates, and are intended to act as a guideline only.

Tuition fees

The fee for the program is CHF 105,000. This includes tuition, learning materials and a three-course lunch served at IMD on weekdays.

Payment timing Sum

Deposit (non-refundable) upon acceptance of admission

CHF 10,000

Foundations for Business Leadership (payable 30 days upon acceptance)

CHF 25,000

Advanced Management Concepts - distance-learning module (payable one month prior to starting)

CHF 15,000

EMBA fees (payable 6 weeks prior to start of Mastery Stage)

CHF 55,000


CHF 105,000

Estimated living expenses

Residential module living expenses are not included in the fee. While at IMD, participants typically stay at a hotel just a few minutes walking distance from the school.

Estimated living expenses while at IMD for the Foundation + Mastery stages Sum per week

Hotel (example based on standard room rates at Mövenpick, including breakfast, fitness and sauna)

CHF 2,000

Meals (estimated at CHF 50 per day)

CHF 300

Total per week

CHF 2,300

Total living expenses for the Foundation Stage (FBL - 3 weeks residential) and the Mastery Stage (3 weeks residential while at IMD) would therefore be approximately CHF 12,000. (based on 40 hotel nights and 20 meals outside of program activities)

Estimated travel expenses

Your travel agent is the best person to advise you on fare prices from where you live. The cost for the three compulsory Mastery Stage Discovery Expeditions is estimated at approximately CHF 10,000. This estimate is based on current rates and includes travel, accommodation and meals for all locations. (airfare calculations based on economy rates from Geneva to Discovery Expedition locations).


Estimated Living Expenses:

  • 6 weeks residential @ IMD: 3 weeks for Foundation Stage + 3 weeks Mastery Stage: 11,000 CHF
  • 3 x 1 week Discovery Expedition: 5,000 CHF

Estimated Travel Expenses:

  • Travel to IMD for FBL + 3 x 1 week Core Module in Mastery Stage (@ 1k CHF): 4,000 CHF
  • 3 Discovery Expeditions (to either: Brazil, China, Silicon Valley or India) 5,000 CHF
  • Total Estimated Expenses: 25,000 CHF

Financial aid

IMD's Executive MBA Program does not currently offer any financial aid or scholarships. Swiss banks are limited to extending loans to individuals with residency status.

International student loans: Prodigy Finance provides borderless postgraduate student loans to international students to attend a top business school. See

United States permanent residents and citizens may apply for the Sallie Mae Smart Option Student Loan®
For recommended banks, funds, and financing options in your country, please contact

Cancellation and transfer policy

If you are admitted to the Executive MBA program, but find that you are unable to attend, you must notify IMD in writing to either cancel or transfer to the next available session. In the case of cancellation, the CHF 10,000 deposit, plus any fees paid for program modules that have already started, is non-refundable. Additional cancellation and transfer fees may apply, as described below.

Whether you transfer or cancel before Foundations for Business Leadership (FBL), before Advanced Management Concepts (AMC) or before the Mastery Stage, the conditions are the same:

Up to 6 weeks before starting
Cancellation: No cancellation fee.
Transfer: No transfer fee.

From 6 weeks up to 11 days before starting
Cancellation fee: 50% of the FBL, AMC or Mastery Stage fee.
Transfer fee: 20% of the FBL, AMC or Mastery Stage fee.

Within 10 days before starting
Cancellation fee: 100% of the FBL, AMC or Mastery Stage fee.
Transfer fee: 100% of the FBL, AMC or Mastery Stage fee.

Click to enlarge

Executive MBA

Never stop learning

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Information sessions & events

Come and connect with us and EMBA alumni at upcoming information sessions, events, fairs or even online sessions.

Learn more

Crisis Management with the Swiss Armed Forces

Major crisis for IMD's EMBA class

StartUp Competition

In collaboration with CTI/KTI, VentureKick and investiere, we are searching for up to 25 Swiss startups to benefit from the free-of-charge support of our MBA and EMBA students in 2016.

Executive MBA