The IE MBA

IE University, formerly called Instituto de Empresa, is an independent school established in 1973 and located in central Madrid. The school offers several MBA programs in different formats (full time on campus, part-time, online and blended), with the option of studying in English or Spanish.

With a risk-taking and boundary-breaking entrepreneurial foundation, IE is a school that looks to the future. IE Business School makes things happen. From Bachelors to Doctorates, their programs draw on market trends to provide fresh-out-of-the-box education using innovative methodologies.

The school’s student population is characterized by relatively older age, variety in terms of nationality and ethnic background, and a strong international orientation (over 90% hail from outside of Spain).

IE Campus

At IE Business School there’s no churning degrees out or run-of-the-mill education. “Everything we stand for and everything we do, from the tip-top quality of our forward-thinking professors to the crisp, up-to-date content of our programs, is designed to take you to your ambition’s door. Key in hand”.

The programs are medium-sized and known for their main strengths in entrepreneurship, international management, and information technology. The program’s strong emphasis on entrepreneurship is demonstrated through the events and conferences organized by the school in cooperation with entrepreneurs and leaders from around the world.

In terms of the admissions process, the school employs rolling admissions deadlines and allows students to take its own admissions exam instead of the GMAT. An offer of admission is valid for the program’s next two starting dates, meaning an accepted candidate can choose whether to start on the starting date for which he or she applied or the following one.

Among the program’s alumni are the following individuals who held (or currently hold) the positions written in the parentheses: Richard Alden (CEO of ONO), Claudio Aguirre (former CEO of Merrill Lynch), Gerard Gross (President of Daimler Chrysler in Spain).

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Average Age

Class size

Acceptance Rate

Average GMAT

Average GPA

FT Ranking

Percent of Hires in Each Industry:

  • Technology 24.4%
  • Financial 20.6%
  • Consulting 21.1%

Median Starting Salary industry:

  • Consulting – $114K
  • Financial – $129K
  • Technology – $116K
  • Consumer – $153K
  • Health Care – $110K
  • Manufacturing – $126K
  • Energy – $83K
  • Real Estate – $125K
  • Media – $83K
  • Nonprofits – $130K
  • Transportation – $96K
  • Government – $92K

Duration of studies: 1 academic year

Starting dates: September and January

Location: Madrid, Spain

Total students: 518

Percentage of students who receive financial aid from the school:

  • more than 40% of our IMBA students receive a scholarship
  • more than $16 million are awarded annually to undergraduate and postgraduate scholarship recipients from 100 countries

Program website: https://www.ie.edu/business-school/programs/mba/international-mba/

Entrepreneurship, (International Management, e-Business)

Ranked first in Europe for the category of salary increase by The Financial Times, 2007

Ranked first in Europe for the category of student evaluation by The Economist Intelligence Unit, 2005

Ranked first for the category of organizational behavior by The Financial Times, 2008

Ranked second outside of the U.S.by Businessweek’s general ranking, 2014

Ranked second for the category of entrepreneurship by The Financial Times, 2009

Ranked second outside of the U.S. by Businessweek’s general ranking, 2008

Ranked second in Europe for the category of new career opportunities by The Economist Intelligence Unit, 2005

Ranked second for the category of corporate social responsibility by The Financial Times, 2008

Ranked third outside of the U.S. by Businessweek’s general ranking, 2012

Ranked second outside of the U.S. by Businessweek’s general ranking, 2010

Ranked third outside of the U.S. by Forbes’ general ranking of one-year programs, 2009

Ranked third in Europe by The Financial Times, 2007

Ranked third in the world for the category of entrepreneurship by The Financial Times, 2021

Ranked third for the category of organizational behavior by The Financial Times, 2007

Ranked fourth outside of the U.S. by Businessweek’s general ranking, 2015

Ranked fourth outside of the U.S. by Forbes’ general ranking, 2005

Ranked fourth for the category of human resource management by The Financial Times, 2012

Ranked fifth outside of the U.S. by Forbes’ general ranking for one-year programs, 2015

Ranked fifth for the category of international management by The Financial Times, 2009

Ranked fifth in Europe for the category of alumni effectiveness by The Economist Intelligence Unit, 2005

Ranked fifth for the category of e-Business by The Financial Times, 2015

Ranked sixth in Europe by Businessweek’s general ranking, 2021

Ranked sixth in Europe by The Financial Times, 2011

Ranked sixth for the category of international management by The Financial Times, 2008

Ranked sixth for the category of corporate social responsibility by The Financial Times, 2009

Ranked sixth for the category of economics by The Financial Times, 2009

Ranked sixth outside of the U.S. by Forbes’ general ranking, 2005

Ranked sixth-seventh by The Financial Times’ general ranking, 2009

Ranked seventh for the category of international management by The Financial Times, 2013

Ranked seventh for the category of highest industry salaries by The Financial Times, 2007

Ranked seventh for the category of economics by The Financial Times, 2008

Ranked seventh for the category of entrepreneurship by The Financial Times, 2007

Ranked seventh for the category of e-Business by The Financial Times, 2014

Ranked eighth for the category of entrepreneurship by The Financial Times, 2020

Ranked eighth for the category of entrepreneurship by The Financial Times, 2013

Ranked eighth for the category of strategy by The Financial Times, 2009

Ranked eighth by The Financial Times’ general ranking, 2012

Ranked eighth by The Financial Times’ general ranking, 2011

Ranked eighth by The Financial Times’ general ranking, 2008

Ranked eighth for the category of information technology by The Financial Times, 2008

Ranked eighth in Europe for the category of salaries by The Financial Times, 2007

Ranked ninth in Europe for the category of quality of faculty by The Economist Intelligence Unit, 2005

Ranked ninth outside of the U.S. by Businessweek’s general ranking, 2005

Ranked ninth for the category of economics by The Financial Times, 2010

Ranked ninth for the category of strategy by The Financial Times, 2008

Ranked ninth for the category of marketing by The Financial Times, 2008

Ranked ninth for the category of international management by The Financial Times, 2007

Ranked tenth for the category of entrepreneurship by The Financial Times, 2012

Ranked tenth for the category of international management by The Financial Times, 2012

Ranked tenth for the category of economics by The Financial Times, 2011

Ranked tenth for the category of industry by The Financial Times, 2009

Ranked 12th in Europe by The Financial Times’ general ranking, 2020

Ranked 12th in the world by The Financial Times’ general ranking, 2015

  • €22,000
  • €30,000
  • €15,000
  • €28,000
  • €15,000
  • €14,200
  • €20,400
  • €21,300
  • €13,600
  • €6,800
  • €10,000
  • €17,000
  • €11,000
  • €6,000
  • €7,000
  • €10,000
  • €17,400

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