As you probably know INSEAD has campuses in France and in Singapore. When you get into a campus you have to stay there for P1 and P2. But in P3/4/5 you are free to fransfer between campuses. Also in P4 there is the option to go to Wharton in Philadelphia.
80% of the July promotion (at least those who start at Fonty) want to go for P3 to Singapore, for several reasons: the French winter (vs. The Asian sun), in P4 the recruiting process start so they want to be at Fonty, many wanted in the first place to spend several periods in Asia, and maybe more.
The other direction is non-significant. Students from Singapore want to come to Fonty probably in P4. This result in a massive movement to Singapore. Fonty will probably be empty in P3.
Now, there are limited spaces in each campus (around 260), and the demand is high. So INSEAD asks each student to tell where they want to be in each period, and then select people randomly. Those who registered but did not get in are on the waitlist. In the next month or so people waiver their opportunity to go to Singapore, so almost all the waitlist can also go to Singapore.
Those who go to Singapore will have to find a solution for their appartments in Fonty. Some will simply replace appartments with students who come from Singapore to Fonty. But most has to either continue pay the rent or leave their appartments.
Then there is the accomodation in Singapore. The landlords over there knows exactly how to take advantage of the situation and charge very high prices (for example 1200 Euro/Month for a room). Since there are so many people coming to Singapore in P3 there is a big demand and the price goes through the roof. There are two apartments buildings (Heritage and something else) which are more expensive. However, all the other appartments are far away, and you will need public transportaion.
There are 20 places on the list of MBAs who want to Wharton. For this previlege students must bid points from their elective banks. The lucky ones gets to spend p4 in philadelphia. The number of points deducted from their elective choice in p5 is the points bid by the last person to get in the list.
While in Wharton, students from INSEAD who exchange with Wharton are regular students for the period of 2 month, and they have access to all the facilities and networks as Wharton students. The courses, however, are not as good as p4 at INSEAD, because most of the courses at Wharton are for regular semester, so finding courses only for half a semester is limited.
With regard to emloyment, for the July promotion p4 in USA is off season. So there is not much recruitment going on in the campus.
Still, several students each year bid for the place in Wharton.
The past month there was an intensive hunt for appartments in Singapore, many people from the waitlist tried to convince people who are not certain to remove themselves from the list, and planning the 2 month vacation is Asia. They probably forgot how intense INSEAD can be.
I will remain your loyal reporter of the life here at Fontainebleau.