IE Business School – Madrid, Spain Overview

IE Business School is renowned for its management programs, offering courses at the undergraduate, postgraduate, and research levels. One of the most sought-after programs is the MBA, which spans 12 to 15 months. The tuition fees for the full-time MBA program at IE Business School range from INR 37 to 75 lakh for the first year. Additionally, students must account for other living expenses.

Here are some of the popular programs offered at IE Business School:

1. MBA Programs

   • Full-Time MBA: A one-year intensive program designed for professionals looking to enhance their managerial skills.
   • Executive MBA (EMBA): A flexible program aimed at experienced professionals who wish to advance their careers while continuing to work.
   • Global Executive MBA: Designed for senior professionals, this program focuses on global business management.

2. Master's Programs

   • Master in Management (MiM): This program provides foundational knowledge in business management for recent graduates.
   • Master in Finance: A program focused on financial analysis, investment, and corporate finance.
   • Master in Business Analytics and Big Data: This program prepares students to analyze and interpret complex data for business decision-making.

3. Bachelor's Programs

   • Bachelor in Business Administration: An undergraduate program that covers essential business disciplines.
   • Bachelor in International Relations: This program combines business studies with an understanding of international politics and economics.

4. Specialized Programs

   • Executive Education: Tailored programs for professionals seeking to enhance their leadership and managerial skills.
   • Online Programs: IE offers a range of online courses, allowing flexibility for students.

These programs are designed to cater to various career stages and professional goals, providing a comprehensive education in business and management.

IE Business School Cost

Located in Madrid, Spain, the IE Business School campus spans over 50,000 square meters. The school provides on-campus accommodation, offering students various amenities including:

• Access to the IE Business School Library
• Discounts at the campus bookshop
• Access to leisure facilities such as theatres, cafes, and shops on-campus

Average Monthly Expenses for On-Campus Living:

Note: Miscellaneous expenses may vary based on individual needs and lifestyle.

Courses, Tuition Fees, and Eligibility at IE Business School

IE Business School Admission Dates 2025

As one of the top-ranked business schools globally, IE Business School is highly competitive, so early application is recommended to avoid last-minute issues. Key points regarding the admission process include:

• Applications are accepted via the common application portal on the school's official website.
• IE Business School offers two intake seasons per year: September and January.
• An application fee of EUR 150 must be submitted along with a completed application form.
• Required documents must be uploaded to the official website, while some may need to be sent directly to the school.
• A personal interview is part of the selection process.
• Admission results are typically communicated within 1-3 weeks.

Key Admission Dates:

IE Business School Placements

IE Business School offers comprehensive career support to its students. The MBA program is one of the school's flagship courses. In 2023, 667 graduates participated in the placement process, with 68% male and 32% female students securing jobs.

Key Placement Highlights:

As one of the world’s top-ranked business schools, IE Business School MBA graduates are hired by leading global companies. Some of these top employers include:

• Amazon
• Ericsson
• Infosys
• Uber
• Adidas
• Nike
• L'Oréal
• American Express
• BCG (Boston Consulting Group)
• Porsche Consulting
• Google

IE Business School Rankings

IE Business School consistently ranks among the top global institutions. According to Shiksha Grading, the school is rated A++ for its Business Analytics program. Forbes 2025 ranks it 7th among Global Business Schools.

In the QS World University Rankings for Global MBA, IE Business School is ranked 8th globally and 3rd in Europe. Its ranking has steadily improved in recent years, reflecting the school's growing reputation.

IE Business School is renowned for shaping the future workforce, providing advanced knowledge and skills to drive positive change in the world.

Studying in Spain

Spain has become a popular destination for international students due to its affordable tuition fees. The cost of studying varies depending on factors such as the university, location, program type, and the institution's reputation. For students attending public universities, annual tuition typically ranges between 2,000-3,500 Euros.

Cost of Living

Living expenses in Spain depend on factors like accommodation type, available facilities, and location. For instance, a one-bedroom apartment in Madrid, a popular student city, may cost around 1,000 Euros per month, while in Barcelona, it may be approximately 850 Euros.

Here’s a table showing the rent for a one-bedroom flat in various Spanish cities, known for being affordable for international students:

IE Business School Notable Alumni

IE Business School has produced many distinguished professionals who have made significant impacts in various industries. Some of its notable alumni include:

• Gerhard Peter Gross – President & CEO of Daimler Financial Services Mexico
• Javier Estades-Saez Johansson – CEO & President of Tabacalera USA
• Isabel Yordi Aguirre – Program Manager, Gender and Human Rights at the World Health Organization (WHO)
• Pablo Largarcha – Vice President, Business Planning & Integration at The Coca-Cola Company
• Claire Beaumont – CFO of Finance Business Partner

IE Business School - Madrid Campus Facilities

The IE Business School campus in Madrid, Spain, is designed to provide students with a modern and vibrant learning environment. Key facilities include:

• State-of-the-art Classrooms: Equipped with cutting-edge technology to enhance interactive learning.
• IE Library: A resource hub offering access to a wide range of academic journals, books, and online databases.
• Innovation Labs: Spaces for students to collaborate, experiment, and develop innovative projects.
• On-campus Housing: Comfortable accommodation with easy access to the campus and city.
• Cafeterias and Dining Areas: Providing healthy food options for students.
• Student Lounges: Spaces for relaxation and socializing between classes.
• Fitness and Recreation Areas: Including a gym and leisure spaces to promote physical well-being.
• Event Spaces: Venues for guest lectures, conferences, and networking events.
• Career Services Office: Offering career guidance, placement support, and workshops.

These facilities create a holistic environment that encourages academic growth and personal development.

IE Business School - Madrid Scholarship

IE Business School in Madrid, Spain, offers a variety of scholarships to support students in funding their education. Scholarships are available based on merit, financial need, diversity, and specific profiles. Here are some of the key scholarship options:

1. IE Scholarship

• Eligibility: Awarded to students based on academic excellence, leadership potential, and personal achievements.
• Award: Covers up to 50% of tuition fees.
• Application: Submit a scholarship application via the IE Financial Aid Portal, along with the admissions application.

2. IE Women Scholarship

• Eligibility: Designed for outstanding female candidates who demonstrate leadership potential and a commitment to empowering women.
• Award: Covers up to 30-40% of tuition fees.
• Application: Apply through the Financial Aid Portal and provide supporting essays.

3. IE Diversity Scholarship

• Eligibility: Aimed at promoting diversity by awarding students from underrepresented regions or with diverse cultural backgrounds.
• Award: Varies based on the candidate’s profile, typically covering up to 40% of tuition.
• Application: Apply along with the general scholarship application.

4. IE Foundation Scholarship

• Eligibility: Based on academic and professional achievements, as well as financial need.
• Award: Can cover up to 50% of tuition.
• Application: Detailed financial documents are required, along with the scholarship application.

5. IE Fellows Program

• Eligibility: For high-achieving students who have demonstrated leadership and innovation.
• Award: Provides partial scholarships, ranging from 25% to 50% of tuition.
• Application: Requires strong essays and recommendations to showcase leadership potential.

6. IE Talent-Based Scholarships

• Eligibility: Focuses on individuals who have shown exceptional talent in specific areas such as entrepreneurship, technology, or social impact.
• Award: Varies depending on the candidate’s experience and achievements.
• Application: A specific talent portfolio may be required along with the application.

7. External Scholarships

• Eligibility: IE Business School also supports students in applying for external scholarships offered by private organizations, foundations, and governments.
• Award: Varies depending on the external provider.
• Application: Students need to apply separately for these scholarships, but the school provides guidance on eligibility and processes.

These scholarships are competitive and require students to apply early, often along with their admissions application, to be considered for the maximum amount of financial aid.