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IMD was formed in 1990 by merging the International Management Institute (IMI) founded by Nestlé and the Institut pour l'Etude des Methodes de Direction de l'Entreprise (IMEDE) founded by Alcan.
Answer: False
Explanation: IMD was formed in 1990 by merging the International Management Institute (IMI), founded by Alcan, and the Institut pour l'Etude des Methodes de Direction de l'Entreprise (IMEDE), founded by Nestlé. The question incorrectly attributes the founding corporations.
IMD's origins from corporate-funded management centers make its industrial heritage unique compared to most business schools affiliated with universities.
Answer: True
Explanation: IMD's heritage as originating from independent management education centers established by major corporations distinguishes it from the typical university-affiliated business schools, highlighting its unique industrial background.
Which of the following corporations were the original founders of the institutions that merged to form IMD?
Answer: Alcan and Nestlé
Explanation: The institutions that merged to form IMD were founded by major corporations: the International Management Institute (IMI) was founded by Alcan, and the Institut pour l'Etude des Methodes de Direction de l'Entreprise (IMEDE) was founded by Nestlé.
What distinguishes IMD's industrial heritage from that of most other business schools?
Answer: It originated from independent management centers established by major corporations.
Explanation: IMD's industrial heritage is distinguished by its origin from independent management education centers established by major corporations, contrasting with the typical university affiliation of most business schools.
The merger that formed IMD involved two independent management education centers founded in:
Answer: 1946 and 1957
Explanation: The two independent management education centers that merged to form IMD were founded in 1946 (IMI by Alcan) and 1957 (IMEDE by Nestlé).
IMD offers a full-time MBA, an Executive MBA, and a Master of Science in Digital Transformation.
Answer: False
Explanation: IMD offers a Master of Science in Sustainable Management and Technology, not a Master of Science in Digital Transformation. The MSc program is delivered in partnership with EPFL and UNIL.
In April 2025, IMD launched new degree programs focused on Artificial Intelligence and Sustainable Business Transformation.
Answer: True
Explanation: IMD launched two new Executive Master degree programs in April 2025: one focused on AI & Digital Business Transformation and the other on Sustainable Business Transformation.
The new Executive Master programs launched in April 2025 are exclusively online and designed for recent graduates.
Answer: False
Explanation: The Executive Master programs launched in April 2025 feature flexible structures that combine online and on-campus learning, and they are designed for experienced professionals, not exclusively for recent graduates.
IMD's Master of Science in Sustainable Management and Technology is a joint program with the University of Geneva.
Answer: False
Explanation: IMD's Master of Science in Sustainable Management and Technology is a joint program with EPFL (Ecole Polytechnique Fédérale de Lausanne) and UNIL (University of Lausanne), not the University of Geneva.
IMD's Executive MBA (EMBA) program features global immersions in locations like China and Japan.
Answer: True
Explanation: The Executive MBA (EMBA) program at IMD incorporates global immersions in various international locations, including China and Japan, as part of its flexible curriculum.
IMD enrolls approximately 250 degree students annually, alongside a large number of executive education participants.
Answer: True
Explanation: IMD enrolls approximately 250 degree students each year and also serves a substantial number of executive education participants, totaling 23,000 annually.
Which of the following is NOT listed as a degree program offered by IMD?
Answer: Master of Science in Finance
Explanation: IMD offers a Full-time MBA, an Executive MBA (EMBA), and a Master of Science in Sustainable Management and Technology. A Master of Science in Finance is not listed among its degree programs.
What are the two new Executive Master programs launched by IMD in April 2025 focused on?
Answer: AI & Digital Business Transformation and Sustainable Business Transformation
Explanation: The two new Executive Master programs launched by IMD in April 2025 are focused on AI & Digital Business Transformation and Sustainable Business Transformation.
IMD partners with which Swiss federal institute for its Master of Science in Sustainable Management and Technology?
Answer: EPFL (Ecole Polytechnique Fédérale de Lausanne)
Explanation: IMD's Master of Science in Sustainable Management and Technology is a joint program delivered in partnership with EPFL (Ecole Polytechnique Fédérale de Lausanne) and UNIL (University of Lausanne).
Which of the following is a key feature of IMD's Executive MBA (EMBA) program?
Answer: It includes global immersions in locations like China and Japan.
Explanation: A key feature of IMD's Executive MBA (EMBA) program is its inclusion of global immersions in international locations such as China and Japan.
Which of the following is a key characteristic of IMD's new Executive Master programs launched in April 2025?
Answer: They offer flexible, modular structures combining online and on-campus learning.
Explanation: A key characteristic of IMD's new Executive Master programs launched in April 2025 is their flexible, modular structure, which combines online and on-campus learning components.
IMD's motto, "Real Learning Real Impact," reflects its focus on practical business application and tangible results in its educational and advisory services.
Answer: True
Explanation: IMD's motto, "Real Learning Real Impact," accurately encapsulates its dedication to practical business application and achieving tangible results through its educational and advisory initiatives.
The primary focus of IMD's training and development programs is specialized technical skills for engineers.
Answer: False
Explanation: The primary focus of IMD's training and development programs is on general management and leadership skills for professionals, rather than specialized technical skills for engineers.
In 2024, IMD delivered fewer than 100 custom executive education programs to over 250 organizations.
Answer: False
Explanation: In 2024, IMD delivered over 370 custom executive education programs to nearly 200 organizations, contradicting the statement's figures for both program count and number of organizations served.
IMD offers approximately 50 open enrollment programs, with over 5,000 participants joining in 2024.
Answer: False
Explanation: IMD offers over 80 open enrollment programs, and in 2024, more than 5,000 participants joined these programs. The number of programs offered is greater than 50.
A high percentage, around 99%, of participants in IMD's open and online programs report that the outcomes are practically applicable to their work.
Answer: True
Explanation: IMD reports a participant satisfaction rate of approximately 98-99% for the practical applicability of outcomes derived from its open and online programs.
IMD's custom executive education programs are exclusively delivered through online modules.
Answer: False
Explanation: IMD's custom executive education programs are delivered in flexible formats that include face-to-face, virtual, and asynchronous options, not exclusively through online modules.
What is IMD's motto?
Answer: Real Learning Real Impact
Explanation: IMD's official motto is "Real Learning Real Impact."
What is the main focus of IMD's training and development programs?
Answer: Developing general management and leadership skills for tangible results
Explanation: IMD primarily focuses its training and development programs on cultivating general management and leadership skills, emphasizing practical application and tangible results.
In 2024, IMD delivered over 370 custom executive education programs to approximately how many organizations?
Answer: Nearly 200
Explanation: In 2024, IMD delivered over 370 custom executive education programs to nearly 200 organizations.
How many open enrollment programs does IMD offer?
Answer: Over 80
Explanation: IMD offers more than 80 distinct open enrollment programs.
What percentage of participants in IMD's open and online programs report practical, applicable outcomes?
Answer: Approximately 98-99%
Explanation: Approximately 98-99% of participants in IMD's open and online programs report that the learning outcomes are practically applicable to their professional work.
What is the primary purpose of IMD's advisory services?
Answer: To help leaders and policymakers navigate complexity and change
Explanation: IMD's advisory services are primarily aimed at assisting leaders and policymakers in navigating complex challenges and managing change effectively.
What does the high participant satisfaction rate (98-99%) for IMD's open and online programs primarily relate to?
Answer: The practical applicability of the learning outcomes
Explanation: The high participant satisfaction rate of 98-99% for IMD's open and online programs is primarily attributed to the practical applicability of the learning outcomes to their work.
What is the approximate number of participants IMD served annually in its open and online executive education programs in 2024?
Answer: Over 7,000
Explanation: In 2024, IMD served over 5,000 participants in open programs and 2,260 in online offerings, totaling over 7,000 participants across both categories.
What is the primary focus of IMD's training and development programs?
Answer: General management and leadership
Explanation: IMD's training and development programs primarily focus on general management and leadership competencies.
The International Institute for Management Development (IMD) is primarily located in Geneva, Switzerland, with a secondary campus in Lausanne.
Answer: False
Explanation: The primary campus of IMD is located in Lausanne, Switzerland, not Geneva. While it has a global presence, Geneva is not its primary location.
IMD holds accreditation from the European Foundation for Management Development (EFMD) and has a faculty composed entirely of Swiss nationals.
Answer: False
Explanation: IMD holds accreditation as a Swiss university institute from the Swiss Accreditation Council. Furthermore, its faculty is composed of individuals representing 21 different nationalities, not exclusively Swiss nationals.
IMD collaborates with institutions like Harvard Business School and the University of Oxford.
Answer: False
Explanation: While IMD collaborates with several esteemed institutions, including MIT Sloan and EPFL, partnerships with Harvard Business School and the University of Oxford are not mentioned in the provided source material.
IMD's accreditation as a Swiss university institute signifies its integration into the national higher education framework.
Answer: True
Explanation: Accreditation as a Swiss university institute formally integrates IMD into the national higher education framework, enhancing its academic standing and recognition within Switzerland.
IMD's strategic hubs in Singapore, Shenzhen, and Cape Town are primarily used for administrative purposes.
Answer: False
Explanation: IMD's strategic hubs in Singapore, Shenzhen, and Cape Town serve to extend its global reach and influence, rather than being primarily for administrative purposes.
Besides its main campus in Lausanne, Switzerland, where else does IMD maintain strategic hubs?
Answer: Singapore, Shenzhen, China, and Cape Town
Explanation: IMD operates strategic hubs in Singapore, Shenzhen, China, and Cape Town, in addition to its main campus in Lausanne, Switzerland.
Which entity accredits IMD as a Swiss university institute?
Answer: The Swiss Accreditation Council
Explanation: IMD holds accreditation as a Swiss university institute from the Swiss Accreditation Council.
Which of these is NOT mentioned as a strategic hub for IMD?
Answer: Lausanne
Explanation: Lausanne is the main campus of IMD, not listed as one of its strategic hubs. The strategic hubs mentioned are Singapore, Shenzhen, and Cape Town.
IMD's custom program partnerships with Securitas and Bayer were recognized with bronze EFMD awards.
Answer: False
Explanation: The custom program partnerships with Securitas and Bayer were recognized with gold EFMD awards, not bronze awards as stated in the question.
According to the Financial Times 2025 rankings, IMD was ranked as the second-best business school globally for custom executive programs.
Answer: False
Explanation: The Financial Times 2025 rankings identify IMD as the #1 business school globally for custom executive programs, not second-best.
In the 2025 Financial Times rankings, IMD was placed outside the top 10 globally for open executive programs.
Answer: False
Explanation: According to the 2025 Financial Times rankings, IMD was ranked #9 globally for open executive programs, placing it within the top 10.
IMD's one-year MBA program has been recognized as the best in Europe by Bloomberg Businessweek.
Answer: True
Explanation: Bloomberg Businessweek has recognized IMD's one-year MBA program as the best in Europe.
IMD's full-time MBA program has received high rankings from Forbes and Bloomberg for its quality and international standing.
Answer: True
Explanation: IMD's full-time MBA program has been recognized by publications such as Bloomberg and Forbes as one of the best one-year programs both in Europe and internationally.
IMD held the #1 global ranking for open programs by the Financial Times for five consecutive years, ending in 2015.
Answer: False
Explanation: IMD held the #1 global ranking for open programs by the Financial Times for nine consecutive years, from 2012 to 2020, not five years ending in 2015.
IMD ranked second in the Financial Times' Custom Programs category in 2016, but fell to third in the combined rankings.
Answer: False
Explanation: IMD ranked second in the Financial Times' Custom Programs category in 2016 and maintained its second-place position in the combined custom and open program rankings for that year.
IMD's custom programs with Securitas and Bayer were awarded gold medals by the EFMD.
Answer: True
Explanation: Both the custom program partnership with Securitas, focusing on a five-year transformation journey, and the Sprint program with Bayer received gold EFMD awards.
The Poets&Quants 2024 award for MBA Program of the Year was given to IMD's part-time MBA program.
Answer: False
Explanation: The Poets&Quants 2024 award for MBA Program of the Year was given to IMD's one-year full-time MBA program, not its part-time program.
Which IMD custom program partnership received a gold EFMD award for a five-year transformation journey?
Answer: The program with Securitas
Explanation: IMD's custom program partnership with Securitas, involving a five-year transformation journey, received a gold EFMD award.
According to the Financial Times 2025 rankings, what was IMD's global position for custom executive programs?
Answer: #1
Explanation: The Financial Times 2025 rankings recognized IMD as the #1 business school globally for custom executive programs.
In the 2025 Financial Times Executive Education Rankings, what was IMD's global rank for open executive programs?
Answer: 9th
Explanation: In the 2025 Financial Times Executive Education Rankings, IMD achieved a global rank of 9th for open executive programs.
IMD's one-year MBA program was recognized by Poets&Quants in 2024 as:
Answer: The MBA Program of the Year
Explanation: Poets&Quants recognized IMD's one-year MBA program as the 'MBA Program of the Year' in 2024.
How has IMD's full-time MBA program been described in rankings by publications like Forbes and Bloomberg?
Answer: As one of the best one-year programs internationally
Explanation: Publications such as Forbes and Bloomberg have described IMD's full-time MBA program as one of the best one-year programs internationally.
For how many consecutive years did IMD hold the #1 global ranking for open programs according to the Financial Times?
Answer: 9 years (2012-2020)
Explanation: IMD held the #1 global ranking for open programs by the Financial Times for nine consecutive years, from 2012 to 2020.
In the 2016 Financial Times rankings, what was IMD's position in the combined custom and open program rankings?
Answer: Second place
Explanation: In the 2016 Financial Times rankings, IMD held the second-place position in the combined custom and open program rankings.
What specific recognition did IMD's Bayer program receive?
Answer: A gold EFMD award for a Sprint program
Explanation: IMD's custom program partnership with Bayer, specifically a Sprint program, received a gold EFMD award.
IMD's MBA program was ranked #1 in Europe by which publication?
Answer: Bloomberg Businessweek
Explanation: IMD's MBA program has been ranked #1 in Europe by Bloomberg Businessweek.
IMD's MBA program was named 'MBA Program of the Year' in 2024 by which publication?
Answer: Poets&Quants
Explanation: Poets&Quants named IMD's MBA program as 'MBA Program of the Year' in 2024.
Which of the following is an example of a recognized IMD custom program partnership?
Answer: A transformation journey with Securitas
Explanation: A recognized IMD custom program partnership is the transformation journey developed with Securitas, which received a gold EFMD award.
David Bach assumed the role of IMD's president in April 2024.
Answer: True
Explanation: David Bach was appointed as the president of IMD in April 2024, assuming leadership of the institution.
IMD boasts a global alumni network of over 125,000 individuals spanning more than 80 industries.
Answer: True
Explanation: IMD's global alumni network comprises over 125,000 individuals distributed across more than 80 industries worldwide.
Notable IMD alumni include the current Prime Minister of the Netherlands and the former CEO of Shell.
Answer: True
Explanation: Notable IMD alumni include Mark Rutte, the Prime Minister of the Netherlands, and Peter Voser, the former CEO of Shell.
Howard Yu and Richard Baldwin are listed among IMD's faculty members, specializing in economics and global strategy.
Answer: True
Explanation: Howard Yu and Richard Baldwin are indeed listed among IMD's faculty members. Richard Baldwin is noted as an economist, and Howard Yu is recognized for his expertise in global strategy.
IMD employs a larger number of academic staff members than administrative staff.
Answer: False
Explanation: IMD employs approximately 450 administrative staff members compared to 60 academic staff members, meaning it employs a larger number of administrative personnel.
IMD's alumni are concentrated primarily in Europe, with minimal representation in other continents.
Answer: False
Explanation: IMD's alumni network is globally distributed across 140 countries, indicating significant representation beyond Europe, contrary to the assertion of primary concentration in Europe with minimal representation elsewhere.
Who was appointed as the president of IMD in April 2024?
Answer: David Bach
Explanation: David Bach assumed the role of IMD's president in April 2024.
IMD's global alumni network extends across approximately how many countries?
Answer: 140 countries
Explanation: IMD's global alumni network spans approximately 140 countries.
Which of the following is listed as a notable IMD alumnus?
Answer: Mark Rutte
Explanation: Mark Rutte, the Prime Minister of the Netherlands, is listed as a notable alumnus of IMD.
How many administrative staff members does IMD employ, relative to its academic staff?
Answer: Significantly more administrative staff than academic staff
Explanation: IMD employs approximately 450 administrative staff members compared to 60 academic staff members, indicating a significantly larger administrative workforce.
How many nationalities are represented among IMD's faculty members?
Answer: 21
Explanation: IMD's faculty comprises members representing 21 different nationalities.
IMD's faculty members represent how many different nationalities?
Answer: 21
Explanation: IMD's faculty members represent 21 different nationalities.
How many alumni does IMD have globally?
Answer: Over 125,000
Explanation: IMD has a global alumni network comprising over 125,000 individuals.
IMD publishes a quarterly magazine called 'IMD Insights' which includes articles and interviews for business leaders.
Answer: False
Explanation: IMD publishes a quarterly management magazine titled 'I by IMD', not 'IMD Insights'. This publication features articles, audio podcasts, and video interviews relevant to business leaders.
The 'I by IMD' knowledge hub was launched in 2021 and had achieved over 785,000 active users by the end of 2024.
Answer: True
Explanation: The provided source material confirms that the 'I by IMD' knowledge hub was launched in 2021 and had accumulated over 785,000 active users by the conclusion of 2024.
The official website for the International Institute for Management Development is www.imd-lausanne.ch.
Answer: False
Explanation: The official website for the International Institute for Management Development is https://www.imd.org/, not www.imd-lausanne.ch.
The 'I by IMD' publication serves solely as a print magazine and does not offer digital content.
Answer: False
Explanation: The 'I by IMD' publication functions as a knowledge hub that offers digital content, including online articles, audio podcasts, and video interviews, in addition to its print format.
The 'I by IMD' publication focuses on providing intelligence from academics and industry professionals regarding business and leadership.
Answer: True
Explanation: The 'I by IMD' publication is designed to deliver business and leadership intelligence, drawing insights from academics, industry professionals, and other experts on contemporary issues.
What type of content can be found in IMD's quarterly magazine, 'I by IMD'?
Answer: Articles, audio podcasts, and video interviews on business leadership issues
Explanation: IMD's quarterly magazine, 'I by IMD', features articles, audio podcasts, and video interviews that address issues relevant to business leaders.
How many active users did the 'I by IMD' knowledge hub have by the end of 2024?
Answer: Exactly 785,000
Explanation: By the end of 2024, the 'I by IMD' knowledge hub had reached 785,000 active users.
What is the official website address for IMD?
Answer: https://www.imd.org/
Explanation: The official website address for the International Institute for Management Development (IMD) is https://www.imd.org/.
The 'I by IMD' knowledge hub was launched in which year?
Answer: 2021
Explanation: The 'I by IMD' knowledge hub was launched in the year 2021.
What is the primary purpose of the 'I by IMD' publication?
Answer: To provide business and leadership intelligence
Explanation: The primary purpose of the 'I by IMD' publication is to provide business and leadership intelligence, drawing from diverse expert perspectives.