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IB School Spain holds the triple accreditation of:
As per IE, The International MBA is a one-year intensive MBA Program that takes place in Madrid. Every year, the B- School brings in students from over 75 nationalities and push them to succeed as they experience one of the most intense yet gratifying years of their lives.
The program is divided into 2 periods, it starts with a Core Business Period which is complemented with 5 disruptive Lab options, and once you are ready to turn knowledge into action, the Elective Period begins where you will have the opportunity to sharpen your career focus by choosing a cluster of courses with over ten Concentration areas.
The IE International MBA works like a hothouse: the B-School delivers an environment designed for those who can think outside the box and challenge conventional thinking. In just one year, the program helps you act upon your ideas, providing ongoing feedback that focuses on you and your individual career aspirations.
Alongside this, the program emphasizes the use of important universal skills, such as critical thinking, communication, interpersonal skills and collaboration.
As per B-School, the Admissions Department has a rigorous selection process.
They seek motivated, creative and high-potential candidates who stand out for their academic and/or professional achievements, as well as interpersonal skills. The B-School takes a holistic approach when evaluating each candidate in order to bring in the most talented people into our international classrooms.
Students must possess a minimum of 3 years of relevant professional experience to be considered for the International MBA.
The admission process is divided in five steps. Below you will find detailed information on each step, from sending of the online application form to the final decision of our Admissions Committee.
At www.ie.edu/app, candidates should complete the sections that appear in the online application form and must also upload the following documents:
*Possible additional legalization and/or translation requirements might be applicable.
Once you have submitted your online application and paid the application fee, you will receive a link to answer three live questions, two in video format and one in written format. This way, our admissions team will be able to meet you virtually and evaluate your capacity to respond in real time.
Students are required to take either the GMAT, GRE or IEGAT.
You will have a personal interview (face-to-face or via Skype) with and Associate Director of the Admissions Team.
After the interview, your entire application will be evaluated holistically by our Admissions Committee. This is the last step of your application and it will take roughly 1-3 weeks for the Admissions Committee to get back to you with a final decision. Admissions are valid for the intake you apply to and the following one.
Key Dates for International MBA – January 2020 intakes
JAN-2020
The IE International MBA tuition fee is 72.200€* for the 2018-2019 academic year.
*Tuition is reviewed on a yearly basis and therefore subject to change.
Due to the agreements signed by IE with various financial institutions, many of the IE students have access to student loans, which provide financing through attractive terms and conditions.
The Financial Aid Office is here to help and support you through the loan process by helping you assess and understand the different financing options that exist.
Please take into account that all final decisions regarding loan applications are made by the respective bank. Thus, we highly recommend that candidates submit their loan application with enough time to make further adjustments and/or seek out alternatives if necessary.
For more information regarding the specific agreements, please contact loans@ie.edu
The IE Foundation awards tuition assistance to talented students based on economic need, merit, distinctive competencies and academic/professional excellence.
IE Scholarships are possible thanks to the generosity of our alumni, companies, partner organizations and other donors.
Candidates may apply for scholarships 48 hours after having submitted their admissions application to one of our master programs. Applications will not be evaluated by the Financial Aid Committee until the candidate has a formal admission to the program.
It is important to carefully analyze which scholarships are the ones that best fit your profile before applying. Each scholarship has a series of specific requirements. In order for the Scholarship Committee to evaluate your application, you must prove that you effectively meet the established requirements.
The Financial Aid Office is at your disposal to help you through the application process and to answer any questions you may have.
In order to formally apply for an IE scholarship, please complete the online financial aid application.
It is important to remember:
You can visit the following link for Scholarship list.
The International MBA Course Structure
Not a one-size-fits-all approach.
As per B School, Around 45% of the program content can be tailored to your needs. During the Core Business Period, you will choose between the Business Impact Lab, Start-up Lab, Tech Lab, Social Impact Lab and the International MBA in Practice. You will continue to customize your program during the Elective Period where we now offer the possibility to choose a Concentration area. This means that besides acquiring a 360º vision of the business world, you will have the opportunity to sharpen their career focus by choosing a cluster of courses from a specific academic area. The third and final customizable part of the program is International MBA Unplugged, which allows you to extend the length of the program.
Not your average core period (First 6 Months of the course)
During the streamlined Core Period, you will acquire the business acumen of a regular MBA degree. In addition, subjects such as Innovation and Design, Critical Management Thinking, and Entrepreneurship, give you an edge over other MBA graduates.
Not your Average Labs (7th Month)
During the Core Period, students can choose from one of four labs or the International MBA in practice. The highly innovative Labs mark a disruptive approach to business education by fostering integrative thinking and experiential, project-based learning. The idea is to enrich the core curriculum with uniquely packaged, relevant and hands-on material not commonly found in an MBA curriculum.
In the Business Impact Lab, you focus on developing your integrative skills and cross-disciplinary management perspective to be ready to create real impact from day one in any organization you will join post-MBA. You will acquire the tools needed to question the status quo and to implement transformational ideas in a corporate setting via the modules within the following knowledge streams:
In the Start-up Lab, you will be immersed in an incubator-like atmosphere together with other peers who want to start their own venture. Real entrepreneurs know that a start-up consists of a series of experiments, which lead to pivot, perish or persevere iterations. In this lab, we prepare you for this challenge in a handson, inspiring and safe learning environment that serves as a catalyst to help you excel later in the venture lab or in launching your start-up after the program. This carefully designed experience is taught through the following knowledge streams:
In the Social Impact Lab, you will gain hands on international consulting experience while also developing personal and professional leadership skills. This option is powered by emzingo, a company founded by imba students in 2008, whose mission is to provide individuals with transformational leadership experiences that focus on creating positive social impact..
During the five intense weeks of the TechLab you will sharpen your business skills as you immerse yourself in the world of technology. After completing the TechLab not only will you be able to have high-level conversations about technology as it relates to business, but also truly be able to put the latest technology solutions into practice. You will discover the most disruptive trends and apply them to strategic decision making.
The TechLab will cover these critical aspects:
In the International MBA In Practice, you will have the opportunity to participate in a minimum 7-week internship. This option has been created for those who wish to gain specific hands-on experience that will help spark a desired career change in an industry, sector, region and/or role. Students may perform an internship anywhere in the world, earning credit towards their IMBA for the associated academic deliverables.
Elective Period (8th to 11th Month)
Do you want to keep studying or do you want to act?
Do you want to keep working on an inner transformation or do you want to keep exploring? During the elective period, you’ll find:
Additional Program Elements
Pre-program
The pre-program will be available online about one month before the program starts. Pre-program courses include Careers, Financial Accounting and Quantitative Methods.
Spanish Classes
You have the option to attend a free, four-week intensive Spanish course just before the program, and you may continue with optional language classes throughout the program.
IMBA Unplugged
After the Integrative Exercise, students can apply for IMBA Unplugged, which includes, long exchange options, a postacademic internship or dual-degree and 1+1 options at Yale, MIT, Brown, Tufts and other IE master programs depending on the intake.
Integrative Exercise
Your learning culminates in a final Integrative Exercise in front of a faculty jury. You may choose between a final case study, an Impact Project with a company or your Venture Lab Project.
The diverse nature of our International MBA Class of 2017, spread out over a wide variety of industries, functional areas and countries, accounts for the range of salaries on display. All salaries are reported in euros and US dollars. In the final column we have adjusted US dollars to PPP (Purchasing Power Parity) ratio, due to the high number of students who have salaries in non- US dollar currencies. The World Banks implied PPP rate of exchange was used to equalize the Purchasing Power Parity across economies.
| SALARY INFORMATION BY FUNCTION | Mean Euros | Mean US Dollars | Mean International Dollars |
|---|---|---|---|
| Overall Base Salary | 67,548 | 76,789 | 121,057 |
| Other guaranteed compensation | 24,747 | 28,121 | 44,268 |
| Consulting | 69,673 | 79,303 | 102,159 |
| Other guaranteed compensation | 17,248 | 19,600 | 24,949 |
| Finance/Accounting | 62,961 | 71,699 | 116,312 |
| Other guaranteed compensation | 29,363 | 33,367 | 56,046 |
| General Management | 78,576 | 89,008 | 150,609 |
| Other guaranteed compensation | 23,248 | 26,418 | 43,850 |
| Information Technology | 75,500 | 85,768 | 100,166 |
| Other guaranteed compensation | 25,740 | 29,250 | 35,656 |
| Marketing/Sales | 62,442 | 71151 | 107,248 |
| Other guaranteed compensation | 21,987 | 24,985 | 35,145 |
| Operations/Logistics | 66,606 | 75,752 | 127,490 |
| Other guaranteed compensation | 31,650 | 35,966 | 60,114 |
| SALARY INFORMATION BY INDUSTRY | Mean Euros | Mean US Dollars | Mean International Dollars |
|---|---|---|---|
| Overall Base Salary | 67,548 | 76,789 | 121,057 |
| Other guaranteed compensation | 24,747 | 28,121 | 44,268 |
| Consulting | 67,780 | 77,161 | 103,894 |
| Other guaranteed compensation | 21,680 | 24,636 | 33,954 |
| Consumer Packaged Goods | 62,527 | 71,119 | 117,433 |
| Other guaranteed compensation | 26,217 | 29,792 | 51,668 |
| Energy | 90,552 | 103,098 | 190,085 |
| Other guaranteed compensation | 11,147 | 12,667 | 16,716 |
| Financial Services | 67,945 | 77,328 | 132,926 |
| Other guaranteed compensation | 32,272 | 36,672 | 65,576 |
| Government | 50,000 | 56,800 | 56,800 |
| Other guaranteed compensation | * | * | * |
| Healthcare | 60583 | 69,043 | 111,632 |
| Other guaranteed compensation | 11,000 | 12,500 | 18,098 |
| Manufacturing | 56,381 | 62,568 | 94,194 |
| Other guaranteed compensation | 10,208 | 11,600 | 19,474 |
| Media/Entertainment | 75,625 | 86,120 | 141,817 |
| Other guaranteed compensation | 10,208 | 11,600 | 19,474 |
| Real Estate | 42,050 | 47,805 | 78,556 |
| Other guaranteed compensation | 13,493 | 15,333 | 24,970 |
| Technology | 72,937 | 83,136 | 114,935 |
| Other guaranteed compensation | 32,001 | 36,365 | 50,088 |
| Transportation & Logistics Services | 90,000 | 102,240 | 192,420 |
| Other guaranteed compensation | 5,280 | 6,000 | 10,695 |
Other guaranteed compensations includes end-of-year bonus where we have sufficient data.
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