International Institute for Management Development

International Institute for Management Development (IMD) is an independent academic institute with campuses in Lausanne, Switzerland and Singapore. IMD is well known for its MBA program, which is taught in English and consistently ranked among the best in the world. In 2024, it named David Bach as its new president.





== History and mission ==

IMD was formed in January 1990 through the merger of independent management education centers International Management Institute (Geneva) (IMI), established in 1946 by Alcan, and Institut pour l'Etude des Methodes de Direction de l'Entreprise (IMEDE) Lausanne established in 1957 by Nestlé. The new organization, the International Institute for Management Development (IMD), settled in Lausanne. The history of IMEDE and its merger with IMI is documented in Jean-Pierre Jeannet and Hein Schreuder (2015, chapters 2 and 4). Its industrial heritage is unusual for business schools, which are usually university-affiliated.

IMD business school solely provides executive education; it is a Swiss university institute accredited by the Swiss Accreditation Council and it consists of one integrated multidisciplinary faculty. The faculty consists of more than 50 full-time members, made up of 21 different nationalities. The current president is David Bach, who follows Jean-Francois Manzoni, Dominique Turpin, John R. Wells, Peter Lorange, and Juan Rada.