Real learning. Real impact.

Real learning. Real impact.

Building competitiveness through continuous learning

Founded by business executives for business executives, we are an independent academic institute with Swiss roots and global reach. We strive to be the trusted learning partner of choice for ambitious individuals and organizations worldwide.

About the International Institute for Management Development (IMD)

IMD has been a pioneering force in developing leaders who transform organizations and contribute to society since it was founded more than 75 years ago.

Led by an expert and diverse faculty, with campuses in Lausanne and Singapore, IMD strives to be the trusted learning partner of choice for ambitious individuals and organizations worldwide.

Our executive education and degree programs are consistently ranked among the world’s best by the Financial Times, Bloomberg, Forbes and others.

Our leading position in the field is grounded in our unique approach to creating real learning, real impact. Through our research, programs and advisory work we enable business leaders to find new and better solutions: challenging what is and inspiring what could be.

Swiss Accreditation


Our purpose

Challenging what is and inspiring what could be, we develop leaders who transform organizations and contribute to society.

Our Values

Origins & history

  • 1946


    CEI – Centre d’Etudes Industrielles is established by Alcan Aluminium, Limited (now Rio Tinto Alcan, Inc) in Geneva.
  • 1956


    Institut pour l’Etude des Methodes de Direction de L’Entreprise is established in Lausanne by Nestlé, with the participation of professors from Harvard Business School.

  • 1972


    IMD’s world-class MBA program is launched.

  • 1981


    CEI officially becomes IMI – International Management Institute and would function under this name until 1989.

  • 1989


    Ranking the nations of the world in terms of economic outputs, IMD publishes the first World Competitiveness Yearbook (WCY).

  • 1990

    IMI merges with IMEDE to create IMD

    International Institute for Management Development. Facilities are all to be based in Lausanne and the vision to develop global leaders is adopted.

  • 1995

    First edition of OWP

    IMD’s largest program for individuals and teams, Orchestrating Winning performance (OWP), is launched in Lausanne.

  • 1996

    50 years anniversary of CEI

    Marking the formation of CEI, IMD celebrates 50 years of providing knowledge and business education to global leaders.

  • 2013


    The IMD Global Family Business Center celebrates its 25th Anniversary and the IMD World Competitiveness Center (WCC) celebrates the 25th edition of the World Competitiveness Yearbook

  • 2015

    South-East Asia

    IMD opens its Southeast Asia Executive Learning Center in Singapore. IMD and Cisco inaugurate the Global Center for Digital Business Transformation (DBT Center).

  • 2019


    IMD joins forces with the University of Lausanne (UNIL-HEC) – and the Ecole polytechnique fédérale de Lausanne (EPFL) in Enterprise for Society (E4S).

    Enterprise for Society Center

  • 2021

    75th anniversary

    IMD celebrates the pioneers who helped transform it into one of the world’s best institutions for executive education.

    Stories and book

  • 2022

    50th MBA Anniversary

    In 2022, IMD marked 50 years of its world-leading MBA program.

    Stories and books

  • 2023

    Launch of OWP-ChatGPT

    IMD develops its own generative AI that enables participants to continue learning beyond their program experience.

    The Artificial Intelligence Initiative

IMD 75th Anniversary

IMD celebrated its 75th anniversary on 5 November 2021.

It all began in Geneva, Switzerland, in 1946, as the organization that would one day become IMD took its first steps in executive education.

A lot has happened since then.

Join us on this journey as we bring to light some of the events and people who have shaped our institution and made it into one of the world’s most influential and impactful business schools.

IMD’s contribution to the regional economy

  • 2,500+ alumni in Vaud and 15,000+ in Switzerland, according to the latest figures from our Development and Alumni Relations office.
  • 490+ Swiss startups supported through the MBA & EMBA Startup Projects Competition since 1998.
  • More than CHF 1.2 million of MBA and EMBA hours invested in Vaud startups.

According to an Impact Report guided by EFMD’s Business School Impact System, IMD’s economic contribution to its home city of Lausanne and the Canton of Vaud was estimated to be CHF 360 million in 2018.

In addition to pure economic spending, executives and associates who come to IMD for education or work stay an equivalent of 40,000 nights in local hotels every year.

The report also reveals that over 11,000 alumni are based in Switzerland with more than 2,800 in Vaud working for multinationals, small and medium-sized companies, public institutions, and startups.

Download Impact Report 2018-2019 (English) (PDF, 3.93MB)

Download Rapport d’impact 2018-2019 (French) (PDF, 3.98 MB)

CHF Million: annual economic impact
CHF Million contributed per year to Vaud-based employees and suppliers
Jobs on the Lausanne Campus
Swiss startups assisted by MBAS & EMBA since 1998
Overnight hotel stays

IMD Annual Report 2022

Discover how IMD empowers individuals and organizations and contributes to society in our Annual Report 2022.

Explore the digital report

Download the French version (PDF, 37.5MB)

Previous IMD Annual Reports

IMD Annual Report 2021

In 2021, we were deeply proud to celebrate 75 years of IMD as a pioneer and responsible global leader in executive education and research. This long-held combination of innovation and courage – as we say today, to challenge what is and inspire what could be – not only anchored the institution during the unprecedented shockwaves of the pandemic, it enabled a rapid response that has carved out new opportunities and greater impact.

For more details, download the full report (PDF, 9.4 MB).

You can also download the French version (PDF, 6.3 MB).



IMD Annual Report 2020

When we look back on 2020 in years to come, we will most certainly remember it as an extraordinary year. At IMD, the year started with considerable momentum, building on the strong revenue growth we had recorded in 2018 and 2019. We were poised for another record year in 2020 – until the COVID-19 crisis struck.

For more details,  download the full report (PDF, 56.5 MB).

We also offer a French version of the IMD Annual Report 2020 (PDF, 55 MB).



IMD Annual Report 2019

2019 was a milestone year of increased revenues, which supported increased investments. Revenues hit a record high thanks to growth of 9.5 percent compared to 2018. As a Swiss foundation, IMD is not aiming to generate profits, but increasing revenues does enable us to make more investments on the pedagogical, operational, and research fronts – including areas such as our pioneering virtual classroom concepts. For more details, download the Annual Report 2019 (PDF).

We also offer a French version of the IMD Annual Report 2019 (PDF, 171 MB).

IMD Annual Report 2018

IMD favors a lean organization with minimal bureaucracy. Demand for faculty expertise grew in 2018, as IMD cemented its position as a primary driver of innovative ideas in global business, executive education, and research – all thanks to its unique “real world” insights and world-renowned experts. For more details, download the Annual Report 2018 (PDF, 7.47 MB).

IMD Annual Report 2017

2017 was characterized by continuity, growth, and transformation. Since succeeding Dominique Turpin at the helm of IMD at the beginning of 2017, the management team, board, and IMD community have all been working on a set of priorities to enable IMD to succeed in today’s and tomorrow’s competitive landscape by having a distinctive positive impact on individuals, organizations, and the world. For more details, download the Annual Report 2017 (PDF, 3.77 MB).