INSEAD has received a €10 million alumni gift to create several new academic positions and PhD scholarships to bolster entrepreneurship through strengthened research, expanded teaching and the cultivation of new talent.
“INSEAD changed my life for the better,” the anonymous donor said in a statement. “I want INSEAD to continue to excel in everything it does and to support it as an independent institution which needs donations from its alumni.” An entrepreneur himself, the donor called the decision of where to direct his investment a natural one. According to the school, the mystery alumni donor has long supported INSEAD—this latest gift bringing his total contributions to the school to more than €20 million.
INSEAD has been named the No. 1 MBA program in the world both this year and last by the Financial Times. With campuses in France, Singapore and Abu Dhabi, INSEAD offers its students the opportunity to study on three different continents and underscores this global education as one of its greatest strengths.
Its accelerated MBA program—which students complete in a mere 10 months—also carries a much lower price tag than the two-year, full-time MBA programs more prevalent in the United States and requires less time out of the workforce.
For more information, please see the INSEAD press release