I visited the INSEAD Singapore campus during my lunch break to deposit the €5,000 cheque. INSEAD has raised its prices. When I started applying, it was €45,000. Halfway through the fee was updated to €48,000. By the time I was accepted, it became €50,000!
I am not sure if this price hike will actually filter out other students who may choose a more affordable option. At best, the hike may retain students who truly believe in INSEAD’s uniqueness as an International business school. I certainly do.
Since I was already at INSEAD, I decided to pick up the 3 preparatory reading books at the bookstore. I definitely need to catch up with my future classmates who already have a financial, accounting or business background. It may not be my forte but at least I should be able to understand it. It is not going to be easy at INSEAD and I must confront my challenges head-on.
The interesting thing is, the prices of the books are half that of the shop in Fontainebleau! I wondered why we were notified to order books online at the Fontainebleau store, which charges a high price for postage for each book as well. Even on Amazon the books were not cheap. It felt great to have gotten the best deal.
Next, since time was running short, I ate at the INSEAD restaurant. I checked with the cashier that it was OK for a new student who hadn’t yet received a security pass, to patronise the restaurant. I ordered chicken ramen. This is my third visit to INSEAD, but an accepted student! And this was my first meal!
I looked around. The cashier had helpfully told me where to get free water. The slices of bread were free, too. I sat down at my own table, ate my lunch and soaked up the international atmosphere. There was definitely a buzz in the air, with many different accents and people from numerous nationalities sitting around me, chatting.