IE Business School Profile
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IE Business School describes its International MBA as “An MBA Out of the Ordinary”. The accelerated one-year program, based in Madrid, draws students who are attracted to the opportunities for innovation and entrepreneurialism within the school.
IE prides itself on offering a strong framework of fundamentals onto which students can create a truly personal education. MBA candidates have the option to choose from a wide range of business labs, consulting opportunities, elective courses, and international trips.
Getting an MBA from a top-ranked school is a great way to advance your career. At IE Business School, students are not left on their own to figure out the best way to achieve their career goals. All students take part in professional development classes once a week throughout the year, focusing on leadership training, personal branding, social media, HR & headhunters, and career targeting.
Curriculum Overview
The one-year International MBA at IE Business School is split up into three sections: a 20-week core period, a five-week lab period, and a 13-week elective period. During the core period, all IE students are given a similar foundation with which they can begin building a career.
In addition to the typical business fundamentals and general management topics covered by most MBA programs, at IE all students are taught to develop an entrepreneurial mindset and to learn the value of innovation in a digital world.
During the second and third periods, students are able to branch out from the fundamentals and begin shaping a program that speaks to their career goals.
Students can choose from three labs during their second period: a start-up lab, for those focusing on entrepreneurial skills; a social impact lab, for students interested in social enterprises; and a business impact lab for students who are interested in making a difference within existing companies.
Important Dates & Application Deadlines
There are no deadlines for International MBA admissions at IE Business School. Applications are considered on a rolling basis, with students typically receiving a decision two to three weeks after their interview has been completed. There are two intake periods per year, typically January and September.
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Employment Info
There were 615 MBA graduates from IE Business School in 2014. Of those students responding, 92% had received job offers by three months after graduation. Consulting and banking/ financial services were popular career paths for graduates (with 19% of the class each), as was consumer goods (14%).
Average salary for all graduates was €73,365, with the highest average salary (€91,034) going to students in the IT field, and lowest average salary (€60,656) earned by graduates in a marketing or sales field.
Tuition Cost
Tuition for the IE Business School International MBA is €61,900. Additional costs, including housing, food, transportation, insurance, and miscellaneous expenses, are estimated at €1,270 per month (€15,240 for the year-long program).
Class Profile
Madrid’s IE Business School International MBA brings together students from all over the world. For the 2013-2014 school year, these students were:
29% female, 71% male
89% International students
68 nationalities represented
Average age: 29
Average work experience: 5 years
43% of students had an undergraduate degree in business or economics;
39% of students had an undergraduate degree in a STEM field; and
18% of students had an undergraduate degree in humanities, law, social sciences, or other fields.
Date Founded
IE Business school was founded in Madrid in 1973, offering both full-time and executive MBA programs. Interestingly, IE University arose out of the business school, so there were no IE undergraduate degrees offered until 2008.
Admissions Director
Julián Trigo, Director of Admissions
+34 91 568 96 10
School Address & Contact Info
IE Business School
Maria de Molina, 11.
28006 Madrid Spain
+34 91 568 96 00
Links to school websites:
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