Not available


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:

  • Unparalleled exposure to a global diversity of thinking, culture and industries
  • "Real World. Real Learning" methodology for a 100% execution-oriented program with learning you immediately apply to your own organization
  • Unique and immersive opportunities challenge you to achieve your career potential
  • A mature and fully integrated personal leadership development and coaching stream
  • A highly flexible and cohesive program format for maximum impact and minimal interruption to your work and family life.
  • World-class faculty with direct industry exposure working with you in small cohorts for a complete learning journey
  • Top-ranked alumni networks and career management

»  Learn more here.

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 distance learning / online content which takes place between the core modules and Discovery Expeditions and spans the full year. During the distance learning portion 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.

STEP 1: Foundations for Business Leadership

Choose one of the four start dates per year:

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

2018 | January 28 - February 16
2018 | April 14 - May 3
2018 | August 18 - September 6
2018 | October 27 - November 15

Visit the EMBA Foundation Stage page for more content details.

STEP 2: Advanced Management Concepts

Choose one of the three start dates per year (subsequent to FBL):

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

2018 | March 5 - April 9
2018 | May 21 - June 25
2018 | September 24 - October 29

Visit the EMBA Foundation Stage page for more content details.

STEP 3: Mastery Stage

Choose between the November or May start dates each year (subsequent to AMC):

The June cohorts tend to have 50-55 participants, with two modules (Switzerland and Silicon Valley) in calendar year one, and four modules in calendar year two. 

  • Download the detailed June 2018 graduating calendar (next intake)

The November cohorts tend to have 55-60 participants, with all six modules in the same calendar year.

  • Download the detailed November 2018 graduating calendar

Visit the Mastery Stage page for more content details.

Module name Location November 2017 graduating class
Portal Launch Distance learning November 10 | 2016
Core Module 1 At IMD January 9 - 13 | 2017

Discovery Expedition I

Shanghai + Beijing, China

January 15 - 21 | 2017

Discovery Expedition II

India OR


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 + Beijing , China

January 21 - 27 | 2018

Discovery Expedition III

India OR


March 11 - 16 | 2018 (India) OR

April 2 - 8 | 2018 (Brazil)

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

Fee 2016

CHF 105,000

See fees and conditions for detailed overview.

Not available

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

Download the detailed class profile of the November 2015 cohort and the June 2017 cohort.

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

Not available


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.


To equip you with the new skills, creativity and innovativeness that stand between you and the senior management position, we provide unique and enriching opportunities at each step of your learning journey through immersive "Discovery Expeditions", action-oriented learning and integrative exercises in the classroom:

  • Pitch a real Swiss start-up company to venture capitalists in Silicon Valley. Learn more about the annual IMD start-up competition here.
  • 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


Master new skills to manage larger and more diverse groups of people with an increased spectrum of responsibilities, specialities and knowledge via learning you immediately apply to your company, using your company and your career as your "laboratory". Drive learning into your organization and apply in real time from day one via the "Real World. Real Learning" methodology.

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.

Discover more about the company assignments here.


To develop yourself and become a more reflective leader, a better strategist, and a more mindful person with a high level of self-awareness, you undergo a program-long individual leadership stream. Continuously enhance your ability to positively impact your organization as you discover how you take-up or lose authority, better understand group dynamics and benefit from one-on-one personal coaching throughout the program.

Learn more about the "Leadership" stream here


Develop better communication skills and enhanced social skills while vastly improving your strategic thinking and abilities to build up and/or analyse the bigger picture

  • A diverse group of peers - average of 25+ different nationalities and industries
  • Global Faculty - 10+ nationalities teach on the IMD EMBA. See the faculty here.
  • 5 locations for total immersion - experience globalization first-hand and master management skills in highly diversified business, social and political contexts.

Learn more about the "Discovery Expeditions" here.


Modular program structure allows you to capture new general management and leadership skills at a highly accelerated rate without interrupting work.

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.


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. Throughout the program, the faculty also work closely with each other to deliver to you a fully cohesive, cumulative learning journey.

Learn more about IMD EMBA faculty


Design your career path - be it a start-ups, senior management positions or otherwise - with impactful career management resources and top-ranked, highly useful alumni networks via a close knit learning community whose mission is to support and accelerate your leadership journey far beyond your graduation date.

Learn more about alumni and career

Not available

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

Click to enlarge

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

Not available

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

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 Hotel, 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 and payment options

IMD's Executive MBA Program does not offer any financial aid or scholarships directly from IMD.

However, our advisors can best inform you on where to apply for funding or loans depending on your country and status. Advisors will also provide you with the necessary admissions documentation to apply for the funding or loans. Advisors are also available to create your flexible or staggered tuition payment plan.

Contact advisors at or +41 21 618 0700

For general international student loan options see

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

Download brochure Apply or reserve Contact us

Information sessions & events

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

Learn more

Career Impact

Career planning, alumni career progression, rankings, and alumni services

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