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IMD tops executive education rankings

The International Institute for Management Development (IMD) has been ranked the top executive education programme in the world by Britain's Financial Times.

The school, based in the city of Lausanne, shared the ranking with the Harvard Business School in the United States.

It also placed second in custom programmes and third in open-enrolment programmes, an improvement over 2007.

John R. Wells, IMD’s new president, in a statement credited the school’s leadership, teamwork and business expertise for the ranking.

In 2007, IMD was rated among the top five business schools in Europe and among the top 15 in the world by the Times. The 2008 overall rankings have yet to be released.

The school, which provides only executive education, was formed in 1990 through the merger of two industry-affiliated institutions.

The Financial Times survey is one of several high profile – and sometimes contentious – global business school rankings. Others are published by the Wall Street Journal, Forbes magazine and by The Economist.

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