MBA Program Stats Annual Tuition: €83,500 Annual Tuition Non-Resident: €83,500 Acceptance Rate: 33% Full-Time Enrollment: 450 Average GPA: 4 Median GMAT: 690 Median GRE: 325 International: 93% Female: 34% Male: 66% Average Age: 29 What You Need To Know A lot of business schools talk about being entrepreneurial, but entrepreneurship is in Madrid-based IE’s DNA. The school was set up in 1973 by three entrepreneurs, rather than academics, and it retains a creative spirit that other schools can only aspire to — as well as the flagship International MBA (IMBA), a highly regarded executive MBA, an online Global MBA (the world’s first), and an Asian-focused program run with Singapore Management University. The B-School says that the MBA is perfect for those who are “open-minded adventurers seeking a unique MBA program that brings opportunities for personal and professional transformation, inside the classroom and out.” Aside from being a major business hub that is home to numerous multinational companies and industries, Madrid offers students to immerse themselves in the Spanish culture, learn a new language, and experience a diverse range of cuisines, festivals, and attractions. Some of the top Madrid-based companies that IE graduates go on to work for are Banco Santander, Telefónica, Inditex, and BBVA. Academics And Programs IE is committed to having a diverse cohort; each year 90% or more of its students are international, from over 44 nationalities representing 450 students. Typically, a quarter comes from Europe, the same amount hails from Latin America, and North America and Asia account for another 15% each. The B-School offers students the choice to study entirely in English or in an English-Spanish hybrid format. True to IE’s commitment to doing things differently, the IMBA spans 11, 15 or 19-months (dual-degree) and is organized in an unusual way. The program kicks off with a six-month Core Period that includes the usual business fundamentals, such as accounting and managerial decision-making. But it gives equal weight to two other areas: Developing an Entrepreneurial Mindset — IE was the first business school to make an entrepreneurial course a requirement — and Thinking Beyond Business, which includes courses on Innovation in a Digital World, Critical Management Thinking, and Business, Government, and Society. This is followed by a two-month Lab Period. Depending on how they see their futures, students can choose between Business Lab (for those wanting to work in a corporation), Start-Up Lab (for entrepreneurs), or Social Impact Lab. Alternatively, those focused on a career change can do a four- to seven-week internship. The final, four-month Elective Period is where students choose from a long menu of electives and/or take on consulting projects, exchanges, or treks. There is also Venture Lab, which helps take a business idea to investment-readiness. All of this runs parallel with courses in Career and Behavioral Fitness, which promise to develop students’ soft skills to make them more competitive. Outside of curriculum, IE MBAs can join any of the 120 clubs, with the most popular including IE Sports & Wellbeing, IE Net Impact Club and IE Women in Business. They also have access to IE’s Entrepreneurship & Innovation Center, where there’s a collection of investors, mentors, and an international network of successful entrepreneurs with the knowledge and expertise to help you turn your ideas into reality. IE’s also boasts an in-house incubator called Area 31 – a dedicated workspace for startups created by IE alumni. Area 31 is home to businesses at every stage of development, so it provides an ecosystem where MBAs can explore all aspects of entrepreneurship and innovation. “At our business school, we believe education isn’t really about filling your head with facts. It’s about transforming you personally and professionally, creating those game-changing moments that all of us have at different times in our lives, that move us from being what we are now to something better. We call that the Next Best You,” says Dean Lee Newman. Read More Rankings Data For IE Business School Ranking Poets&Quants 2023-2024 11 2022-2023 15 2021-2022 12 2020-2021 N/A 2019-2020 N/A Why Students Chose “I chose IE’s MBA program for its entrepreneurial mindset and its non-traditional and future-oriented approach. I was certain that IE Business School would be the ideal place to build the necessary skill set, expand my network globally, and emerge as a responsible leader at my own venture. I chose to attend IE Business School because I knew it would help me hone my competitiveness and bring together my marketing experience, entrepreneurial nature, and my international commercial track record.” Amélie Leuchtenberger (‘20) “I chose IE Business School for the opportunity to fully immerse myself in the experience of a real entrepreneurial venture through the Startup and Venture Labs. This was essential for me. I really appreciate the possibility of freely deciding what value to create, even with all the risk that comes with starting your own venture. Entrepreneurship is different from other professional categories – the possibilities are endless, and, for me, that is the beauty of it.” Antonio Lucena López (‘20) “IE Business School’s relentless focus on diversity – from a geographic and cultural perspective as well as in regard to educational and professional backgrounds – really appealed to me. I believe that the exchange of ideas and visions that ensue from diversity creates a unique atmosphere that helps individuals explore critical thinking and understand different values. Moreover, approximately 50% of IE’s MBA program can be tailored and I find this really exciting!” Mees Middelweerd (‘20) “The IE curriculum places a lot of emphasis on technology and digital transformation. We learn about new technologies, but also spend time discussing frameworks and the various considerations applicable to implementation. Even the slowest moving of industries are preparing for their move to digital, and the next generation of executives will need to be nimble to keep up with that change. It’s important for me to become proficient in this process so that I can confidently usher my organization through this change.” Stephanie Rocha (‘20) “Having some years of work experience, I was looking for a short MBA program that I could tailor to fit my interests and objectives. IE allows me to customize my learning, focus on specific interests and collaborate with like-minded individuals from all over the world. At the same time, there is enough flexibility to explore new possible interest areas and opportunities.” Swasti Mishra (‘20) Read More Career Stats IE’s Compensation and Career Statistics Compensation Statistics 2023 2016 2015 2014 2013 2012 Mean Base Salary 113,770 75,846 77,750 73,365 71,195 69,712 % of MBAs Employed 3 months post Graduation 91% 92% 92% 91% 92% Industry Choices of IE’s MBA Graduates % of MBAs Employed by Industry Sector 2023 2016 2015 2014 2013 2012 Consulting 15% 15% 18% 19% 17% 21% Consumer Products 17% 15% 12% 14% 15% 14% Financial Services 20% 20% 20% 19% 19% 21% Law, auditing & tax 4% 0% 0% Manufacturing 14% 4% 6% 6% 7% Media Entertainment 4% 0% 0% Technology 27% 10% 16% 0% 13% 13% Real Estate / Construction 5% 5% 3% 4% Government, NGOs 5% Industry, Energy, Construction 20% Pharma, Biotech, Health 5% 4% 4% 7% 2% Energy 5% 3% 3% 3% Other 2% 16% 17% 17% 15% Where IE Graduate MBAs Went To Work in 2025 Top Hirers of IE MBA’s Class of 2023 Microsoft Amazon Kearney Credit Suisse Emerson BCG CBRE Deloitte Lilly Uber Diageo Clarity AI UPS AB InBev Salesforce Admissions For IE Business School At IE University, the International MBA is designed for ambitious professionals ready to accelerate or redefine their careers in a global context. Offered in 11 or 15 months, the program adapts to your pace and goals, giving you the flexibility to shape your journey. From the moment you begin, you are paired with a dedicated Talent & Careers advisor who helps you map out your ideal career path, refine your strategy, and open doors to opportunities that align with your aspirations. This personalized guidance ensures your MBA experience translates directly into career impact. IE’s classroom is one of the most internationally diverse in the world, with peers representing over 60 nationalities and professional backgrounds. This diversity, combined with IE’s vibrant alumni network of 70,000+ professionals across more than 100 countries, creates unmatched opportunities to build meaningful relationships, gain fresh perspectives, and access a global marketplace of ideas and careers. The program is also deeply practical: through labs, consulting projects, and experiential learning, you collaborate with companies, startups, and organizations to solve real challenges while expanding your professional footprint. At IE, networking isn’t a side activity — it’s woven into every part of the MBA. From peer-to-peer learning to global treks and career fairs, you’ll graduate not only with sharper skills but also with a powerful, lifelong network. IE’s International MBA is more than a degree — it’s a launchpad to transform your career and your impact worldwide. Student Features For IE Business SchoolMeet IE Business School’s MBA Class Of 2020A promising MBA class that is anything but ordinaryMeet IE Business School’s MBA Class Of 2019A promising class of entrepreneurs & change-makers2023 Best & Brightest Online MBA: Zoriana Adamovych, IE Business School“I believe in a positive mindset and the impact of giving free of expectations”2023 Best & Brightest Online MBA: Kamille Carlos, IE Business School“A Filipina taking inspiration from the world, always eager to bring the learnings back home”2023 Best & Brightest MBA: Wouter Jaspers, IE Business School“Using trust and motivation to make an impact in this world”2023 Best & Brightest MBA: Ashmita Dutta, IE Business School“Marketing professional, with a passion for dogs, fantasy fiction, cubism, and feminism”2022 Best & Brightest Online MBA: Iouliana Litou, IE Business School“Lifelong student, curious and restless. Engineering background with philosophical questions and human psychology interests”2022 Best & Brightest Online MBA: Shir Zalzberg-Gino, IE Business School“Israeli user experience manager living in the Netherlands, community builder, and Forbes 30 under 30”2021 MBAs To Watch: Cristian Arens, IE Business School“I am an entrepreneur who wants to change the world through financial education”2021 MBAs To Watch: Christina Gohl, IE Business School“I’m a results-oriented, people-oriented, ex-scientist turned business development professional who loves skiing in the Rockies”Master’s In Finance: Sofía Arriba, IE Business SchoolAfter graduating from her bachelor's degree with the second best academic record, she enrolled in her top school choice at IE Business School. Now, she's joined Duff & Phelps, one of the world's leading valuation firms as a Valuation Analysis. School FeaturesInnovation: A Digital Toolkit For Business GradsIE Business School will hand more than a diploma to its graduates. IE will also receive a digital toolkit of frameworks & tools to have an immediate impact at work2022 Best 40-Under-40 MBA Professors: Kriti Jain, IE Business SchoolKriti Jain of IE Business School filled the heart of one student that the student vowed to use her life not only to better her business but also herself as an entrepreneur and a woman Will Lee Newman Become The World’s Most Visionary B-School Dean?Putting a radical focus on individual careers with a highly curated educational experienceLee Newman Named New Dean Of IE Business SchoolIE turns to an American expatriate and MIT Sloan MBA with McKinsey experience MBA Watch For IE Business SchoolMBA Watch is where thousands of MBA applicants not only get to tell their story but have John A. Byrne, MBA admissions coaches and our audience, assess their odds of admission and get help to improve their chances of getting in!Mr. JD GarayHello, I am currently an MBA candidate at UC Davis, in the Online MBA program.Mr. Indian TechI've worked for the past 4 years in tech consulting for demand and supply planning for various clients globally across the retail and manufacturing sectors. News Coverage For IE Business School2025 Best 40-Under-40 MBA Professors: Emmanouil Avgerinos, IE Business SchoolOver the last decade, Poets&Quants has honored more than 500 up-and-coming star MBA professors from the world’s top business schools.Inside IE University’s All-In AI StrategyIE University in Spain has announced a new collaboration with OpenAI, making it one of the first institutions to provide university-wide ChatGPT Edu to all of its 10,000 students, faculty, and staff across its six academic schools.Spain’s IE Makes Major Expansion Into The U.S.IE makes a big splash by moving into the New York City market with a planned sustainability-focused college2024 Best 40-Under-40 MBA Professors: Konstantina Valogianni, IE Business SchoolCongrats to Konstantina Valogianni of IE Business School for being named a 2024 Best 40 Under 40 MBA Professor. 2022 Most Disruptive MBA Startups: Better Than Good, IE Business School"App that aims to incentivize patients to take greater action towards their preventive healthcare"IE Business School Tops QS Online MBA RankingEuropean schools dominate the Top Ten, with KelleyDirect the top U.S. optionA New Milestone Awaits Spain’s IE Business SchoolIE University expects to start classes at its new tower campus in SeptemberIE Business School Dean Is GMAC’s New Board ChairMartin Boehm takes over for next 2 years, replacing Duke's Bill BouldingIE Business School Adopts Blended Teaching Model For FallTouts what it calls a 'liquid learning model'