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IESE Business School: Overview, Rankings, Fees & Courses
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- Estd. 1958
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Last updated on 24 Jun '24, by Akanksha Malhotra (Study Abroad Expert)
- IESE Business School Highlights
- IESE Business School Popular Programs
- IESE Business School Scholarship
- IESE Business School Admission Dates 2024
- IESE Business School Tuition Fees, Duration, & Eligibility 2024
- IESE Business School Placements
- IESE Business School Rankings 2024
- IESE Business School College comparison
- Studying in Spain
- IESE Business School Notable Alumni
- IESE Business School Vs IE
- IESE Business School FAQs
IESE Business School Highlights
The applications for Sep 2025 for Master in Research in Management will be accepted from Sep 2024.
Commonly asked questions On Highlights
Q: What is the average salary for IESE MBA graduates?
According to a few unofficial sources, the average salary for MBA graduates is €99,500 (Around INR 88 L), with salaries ranging from €45,000 - €194,800. As per the employment report, 94% IESE MBAs land a job within 3 months and more opt for careers in Consultancy. 21% of the graduates opted for full-time jobs in Finance and 16% opt for Corporate and Management roles. Amazon, Bain & Company, McKinsey & Company and the Boston Consulting Group were some of the firms that hired the most MBA graduates last year.
Q: Is it hard to get into IESE Business School?
As per some of the unofficial sources, IESE Business School acceptance rate is between 25% - 26%. This means that the school quite selective at the time of granting admission. So, to get into IESE, the applicants must have good grades in their previous academic studies. Apart from this, the applicants must aim to meet all the entry requirements. For instance, make sure to have an undergraduate degree to get into MBA and MIM program. Also, submit the application materials as required.
Q: What is the placement rate for IESE Business School MBA graduates?
As per the employment report for MBA 2023, IESE Business School placement rate is 94%. In other words, 94% of MBA graduates secured a job offer within 3 months after graduation. It has been noted that there were 400+ recruiting companies involved with hiring the IESE MBA graduates. 66% is the percentage of source of opportunities from IESE Career Development Center and IESE Network.
Q: When was IESE Business School founded?
IESE Business School was founded in the year 1958. Since then, it has been at the forefront of education and leadership development. The business school is located in Barcelona, Spain. In total, the campuses of IESE are located in 5 cities of the world; Barcelona, Madrid, Munich, New York, and São Paulo. Some key facts in the context of IESE's history are given below:
- In the year 1964, MBA programme was launched.
- Then, in the year 1991, Madrid campus was opened and in 2007, New York campus was opened
- Later, in 2015, Munich campus was launched
IESE Business School Popular Programs
IESE Business School offers programs at the graduate level. It also offers Executive Education programs (part-time programs). A few of the degree programs that are offered are MIM, MBA, Executive MBA, Global Executive MBA, Master in Research in Management and PhD in Management. IESE does not offer any UG program. The most popular IESE Business School program among the international student is MBA. The duration of MBA program is 15 months or 19 months. Check details about IESE Business School courses from here.
According to the information available on the web, the alumni of IESE Business School studied the courses like Business Administration & Management, Economics, Business / Commerce, Organizational Leadership, Marketing, etc.
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Commonly asked questions On Popular Programs
Q: What are the various courses offered at IESE Business School?
The most popular course of IESE Business School among international students is MBA. The duration of this programme is 15 months or 19 months. Some of the reasons to pursue IESE MBA are given below:
- Gain international experience: Students are able to gain first-hand experience of business across different continents and interact daily with peers and faculty from all over the world
- Explore the General Management Vantage point: Students are going to develop a holistic understanding of organizations and will be prepared to lead across different business functions
- Develop leadership: By pursuing IESE MBA, students are going to understand themselves. On top of this, they are going to understand how organizations work, and will get to know what it means to lead.
Q: What is the difference between the IESE MBA and Master in Management Degrees?
IESE Master in Management (MIM) degree is designed for students who have just completed or are about to complete, an undergraduate degree are aiming to launch their business careers. The typical MBA candidate of IESE will have 5-6 years of work experience. The duration of an MBA programme is 15 months or 19 months, whereas, the duration of MIM programme is 11 months.
Q: What type of programme does IESE Business School offer?
IESE Business School offers programs like MBA, MIM, Global Executive MBA, Executive MBA, Master in Research in Management, and PhD in Management. Additionally, IESE offers some Executive Education programs that range from short programs focused on skill, industry, to longer-format programs with a general management approach. Note, that IESE Business School does not UG level programs. But, the University of Navarra, to which IESE belong offers around 50 UG degrees in a wide range of subjects.
IESE Business School Scholarship
A number of scholarships are offered by IESE Business Schools for all the programs such as MBA, MIM, Executive Education programs, etc. Some of the scholarships that are offered to students are IESE Excellence Scholarship, IESE Trust Scholarship, IESE Women in STEM, IESE Women in Management Scholarship, etc. Some of the details of IESE Scholarships are given below:
|
Scholarship |
Details |
|---|---|
|
IESE Excellence Scholarship |
|
|
IESE Trust Scholarship |
|
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IESE Women in STEM |
|
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IESE Women in Management Scholarship |
|
Note: The above-given scholarships are mentioned for MBA program and there are more scholarships available in reference to other programs. So, to know the details about other scholarships, refer IESE Business School’s official website.
Commonly asked questions On Scholarships
Q: What scholarships are offered to IESE MBA students?
A few of the IESE Business Scholarships applicable to its MBA students are given below:
Scholarship | Details |
|---|---|
IESE Excellence Scholarship |
|
IESE Women in STEM |
|
IESE Trust Scholarship |
|
IESE Women in Management Scholarship |
|
Q: What scholarships are offered to MIM students at IESE Business School?
Some of the scholarships that are offered to IESE Business School MIM students are:
- IESE Ambassadors Scholarship
- IESE Women in Business Scholarship
- IESE Excellence Scholarship
- IESE Diversity Scholarship
- IESE Young Leaders in Emerging Markets Scholarship
IESE Business School Admission Dates 2024
The applicants are required to apply online by following the designated application links mentioned on the official website of IESE. Along with the application, certain application documents need to be submitted too such as official transcripts, CV, GMAT / GRE test score, English language proficiency score, letter of recommendation, etc. The application fee might vary as per the courses. IESE MBA application fee is €200 and MIM application fee is €120 (Around INR 11k).
IESE Business School Application Deadlines 2024
MIM has a rolling admission policy, which means IESE does not have a specific deadline to apply. However, for MBA there are specific application deadlines and international applicants are required to apply by Round 3 in order to assure the timely completion of visa procedure. The upcoming deadlines for Master in Research in Management are given below:
|
Particulars |
Sep 2025 Intake |
|---|---|
|
Application open |
Sep 2024 |
|
1 |
Jan 20, 2025 |
|
2 |
Apr 20, 2025 |
- Application fees :Euro 48.1 - 200
- Type of deadline :Depends on course
Commonly asked questions On Admissions
Q: How can I get admission to an MBA program at IESE Business School?
To get admission to IESE Business School MBA, first of all, complete the application online. Submit the application fee which is €200. Along with the application, do submit the required application materials such as application transcripts, letter of recommendation, CV, GMAT / GRE test score, etc. After submitting all the materials, the application will be considered by the admission committee. Then, an interview will be conducted. After this, there will be an assessment day (not mandatory) but recommended. After this, the application shall be presented to the final committee. After this, a confirmation will come from IESE.
Q: What are the application deadlines for IESE Master in Research in Management course?
IESE Business School Master in Research in Management admission deadlines are given below:
Particulars | Sep 2025 Intake |
|---|---|
Application open | Sep 2024 |
1 | Jan 20, 2025 |
2 | Apr 20, 2025 |
IESE Business School Tuition Fees, Duration, & Eligibility 2024
The applicants are required to meet IESE Business School admission requirements in order to take admission. In the context of MBA and MIM, the main entry requirement that the applicant has to fulfill is to have an undergraduate degree. Apart from this, GMAT / GRE score and other application materials are also required for admission. To know Executive programs admission requirements, the applicants are required to visit IESE Business School’s official website.
English Language Proficiency Requirements
For admission to MBA program, IESE recommends the applicants to have an English language proficiency score in IELTS / TOEFL / PTE, etc. Minimum scores required in these tests are:
|
Tests |
Minimum Score |
|---|---|
|
TOEFL |
105 |
|
PTE Academic |
68 |
|
IELTS |
7.5 |
| Courses | 1st Year Tuition Fees | Duration & Eligibility |
|---|---|---|
MBA/PGDM(2 courses) | INR 39 L - 44 L | Duration: 11-19 months Exam Accepted: GMAT, GRE, IELTS: 7 & Above |
MIM(1 course) | INR 39 L | Duration: 11 months Exam Accepted: GMAT, GRE, IELTS: 7 & Above |
Commonly asked questions On Fees and Eligibility
Q: Who is eligible for IESE?
IESE Business School offers graduate programs as well as a few Executive Education programs (part-time programs). So, to take admission to the graduate programs of IESE such MBA, MIM, Master in Research in Management (MRM), the applicants are required to have an undergraduate degree. Apart from this, the applicants should meet the English language requirement. Also, standardized test scores are also required along with the necessary application materials such as academic transcripts, letter of recommendation, CV, etc.
Q: What is the average GMAT score for IESE MBA?
GMAT / GRE score is required for IESE MBA. At IESE Business School, a holistic admission approach is followed. The GMAT acceptance range is 580 – 750. All the other application requirements for the MBA course that should be met by the applicants are:
- University transcripts
- GMAT / GRE
- English language proficiency test
- Passport copy
- One recommendation letter
For holistic admission process, other factors apart from the academic achievements that are taken into consideration include motivation, personality, goals, leadership abilities and communication skills.
Q: What are work experience requirements for IESE Business School MBA?
Due to the nature of the case study method, 3-10 years’ of work experience is recommended for IESE MBA. The average work experience that IESE Business School MBA students have is 5-6 years. Make sure to submit academic transcripts and GMAT / GRE score along with the application materials.
Q: What is the eligibility criterion for MIM at IESE?
IESE Business School MIM admission requirements are given below:
- An undergraduate degree
- English language proficiency test
- GMAT / GRE
- Personality, motivation, goals, leadership abilities and communication abilities
Q: How much does IESE Business School cost?
IESE Business School fees vary as per the programs. The fees for MBA and MIM programs are given below for the first-year:
Courses | 1st Year Tuition Fees |
|---|---|
MBA/PGDM (2 courses) | INR 40 L - 44 L |
MIM (1 course) | INR 40 L |
Cost of Living: Besides the tuition fees, the applicants are also required to pay the living expenses and these may vary as per the lifestyle of an individual. According to Numebo.com, the cost of living for a single person for a month will be INR 70k (without rent).
IESE Business School Placements
According to the IESE Business School MBA employment report 2023, 94% of graduates secured a job offer within 3 months of graduation.
- The recruiting companies of the MBA graduates are 400+. Also, note that there has been a 144% increase in the salary after graduating. This is the highest salary increase for European schools after 3 years of graduation according to Financial Times 2022
- The top sectors where the MBA graduates are working after graduation include Consulting, Finance, Diversified industries, Technology.
Given below are full-time employment details of IESE MBA Class of 2023:
|
Function |
Percentage |
|---|---|
|
Consulting |
49% |
|
Finance |
21% |
|
Corporate Management |
16% |
|
Marketing & Sales |
8% |
|
Operations & Logistics |
3% |
|
Other |
2% |
|
IT |
1% |
A few of the sectors into which IESE graduates work are Consulting, Financial Services, Consumer Goods, Technology, etc.
Commonly asked questions On Placements
Q: What are the top sectors where IESE MBA graduates were hired?
The top sectors where IESE MBA graduates work after graduation are Consulting, Finance, Diversified Industries. The percentage of graduates working in these and other industries are given below:
Industries | Percentage |
|---|---|
Consulting | 47% |
Finance | 24% |
Diversified Industries | 20% |
Technology | 9% |
Function-Wise Employment Details are given below:
Function | Percentage |
Consulting | 49% |
Finance | 21% |
Corporate Management | 16% |
Marketing & Sales | 8% |
Operations & Logistics | 3% |
Other | 2% |
IT | 1% |
IESE Business School Rankings 2024
For years, IESE Business School has been a leader in the rankings for world’s best business schools. In the Financial Times MBA rankings, IESE Business School has been placed at #5 position in 2024. Whereas, according to another top-ranking publisher, IESE Business School has been placed at #9 position in 2024. According to The Economics, IESE full-time MBA course has been placed at #1 position in the world in 2021. Check IESE Business School Rankings from here.
Commonly asked questions On Rankings
Q: What is the ranking of IESE Business School in the world?
According to a top-ranking publisher, IESE Business School has been placed at #9 position in 2024 for Global MBA ranking. In 2023, in the same rankings, IESE Business School ranking in the context of MBA ranking was #10. This shows that there has been an improvement in by 1 spot for Global MBA ranking. Moreover, in the Financial Times MBA ranking, IESE Business School has been placed at #5 position in 2024.
Q: What is the ranking of IESE in Financial Times?
In the Financial Times MBA rankings, IESE Business School has been placed at #5 position in 2024. In 2023, IESE was placed at #3 position the MBA rankings. Though, the school’s position has declined by 2 spots in 2024 rankings, IESE has still managed to remain in the Top 5 Schools in the world in the Financial Times rankings 2024. In short, IESE Business School has been a leader in the rankings of world best business schools since some years.
IESE Business SchoolCollege comparison
Compare IESE Business School with other similar colleges
| College | 1st Year Tuition Fees | Shiksha Grade | Ranking |
|---|---|---|---|
IESE Business School | INR 39.37 L - 43.96 L | -/- | -/- |
INSEAD - France  Compare | INR 46.39 L - 91.46 L | C | #880 US News, 2024 |
IE Business School Compare | INR 36.23 L - 72.73 L | -/- | -/- |
Esade Business School Compare | INR 30.93 L - 68.49 L | -/- | -/- |
IMD Compare | INR 75.69 L | -/- | -/- |
SDA Bocconi Compare | INR 24.74 L - 66.28 L | -/- | -/- |
IESE Business SchoolStudying in Spain
IESE Business School Notable Alumni
Here are a few of the popular names that are included in the notable alumni of IESE:
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Names |
Profession |
Picture |
|---|---|---|
|
Joan Clos |
Former Mayor of Barcelona |
 |
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Cristina Garmendia |
Former Minister of Science and Innovation by the Spanish Government |
 |
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Manuel Guillen |
Businessman, lawyer, and activist investor |
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Marek Kaminski |
Explorer, Author, and Entrepreneur |
 |
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Ibukun Awosika |
Chairman First Bank of Nigeria |
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Ana Maiques |
CEO, Neoelectrics |
 |
Commonly asked questions On Alumni
Q: Which famous people went to IESE Business School?
Some of the famous people who went to IESE Business School are given below:
Names | Profession |
|---|---|
Joan Clos | Former Mayor of Barcelona |
Cristina Garmendia | Former Minister of Science and Innovation by the Spanish Government |
Manuel Guillen | Businessman, lawyer, and activist investor |
Marek Kaminski | Explorer, Author, and Entrepreneur |
Ibukun Awosika | Chairman First Bank of Nigeria |
Ana Maiques | CEO, Neoelectrics |
IESE Business School Vs IE
IESE Business School as well as IE Business School are both top institutions to study the MBA program, However, the choice to study at IE or IESE Business School depends on the personal preferences, location, tuition fee, career progression etc.
- IE Business School: It is located in Madrid, Spain and is known for its innvovative and entrepreneurial appraoch to business education. The MBA program of IE Business School is flexible and customizable, allowing students to customize their MBA experience as per their specific interests and career goals. Furthermore, IE Business School has a strong focus on diversity and internationalization and has a diverse student body and faculty. IE MBA program will cost around INR 75 Lakh.
- IESE Business School: This is located in Barcelona, Spain. It is known for its rigorous academic curriculum and strong emphasis on ethics and social responsibility. It is ranked among the Top Business Schools in the world for its MBA program. Also, it has a strong alumni network and a reputation for producing leaders who are committed to making a positive impact on society. Its MBA program will cost around INR 45 Lakh.
Commonly asked questions On Others
Q: Which is better - IE Business School or IESE Business School?
The decision to study at IE or IESE Business School depends on the personal preferences, location, tuition fee, career progression etc. However, deneral details of both of these schools are given below:
- IESE Business School: Located in Barcelona, Spain, IESE Business School is known for its rigorous academic curriculum and strong emphasis on ethics and social responsibility. It is ranked among the Top Business Schools when it comes to its MBA program. In addition to this, it has a strong alumni network and a reputation for producing leaders who are committed to making a positive impact on society. The MBA programme of IESE Business School cost around INR 45 Lacs for international students
- IE Business School: Situated in Madrid, Spain, IE University's IE Business School is known for its innvovative and entrepreneurial appraoch to business education. The MBA programme of IE Business School is flexible and customizable, allowing students to customize their MBA experience as per their specific interests and career goals. Also, IE Business School has a diverse student body and faculty. IE MBA programme from IE Business School can cost around INR 75 Lakh.
IESE Business School FAQs
Q: Who are the notable alumni of IESE Business School?
The famous names included in the list of IESE Business School notable alumni are Joan Clos (Former Mayor of Barcelona), Cristina Garmendia (Former Minister of Science and Innovation by the Spanish Government), Manuel Guillen (Businessman, lawyer, and activist investor), Ibukun Awosika (Chairman, First Bank of Nigeria, Ana Maiques (CEO, Neoelectrics), etc.
IESE Business School
Student Forum
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Below is the comparison between IE Business School and IESE Business School based on fees:
| School Name | First-Year Tuition Fee* |
|---|---|
| IE Business School | INR 37.1 Lacs - INR 74.4 lakh |
| IESE Business School | INR 40.3 Lacs - INR 45 lakh |
*The fee is taken from an unofficial source. Hence, is indicative.
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IESE Business SchoolTake a look at Campus
Auditorium
campus building
classroom
IESE Business SchoolLocation
| University City | Barcelona, Other - Spain, Spain |
IESE Business SchoolContact Information
Carrer d'Arnús i de Garí, 3, 7, 08034 Barcelona, Spain
Barcelona ( Other - Spain)
Is IE Business School better than IESE Business School?