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IE Business School: Rankings, Cost, Programs, Placements
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Last updated on 17 Sep '24, by Kanishk Aggarwal (Study Abroad Expert)IE Business SchoolWhat’s new?
The IE Business School has rolling admission deadlines and international students can apply for September and January intake.
The Business School is ranked among the top 10 Global Business Schools.
- About IE Business School
- IE Business School Popular Programs
- IE Business School Scholarships
- IE Business School Admission Dates 2025
- IE Business School Cost
- IE Business School Placements
- IE Business School Rankings
- IE Business School College comparison
- Studying in Spain
- IE Business School Notable Alumni
- IE Business School Details
- IE Business School FAQs
About IE Business School
The IE Business School is a business school which is part of IE University. The School was established by 3 businessmen in 1973. The school is ranked among the top 10 management schools in the world. The school enrols nearly 92% of the international students. The international students represent more than 48 nationalities.
Things to know about IE Business School
Some of the Things to know about IE Business School are:
|
Admission Difficulty |
41% acceptance rate |
|
Ranking |
Ranks among the top 10 Business Schools |
|
Majors |
Business Analytics Business Administration Marketing Finance Accounting |
|
International Students |
92% of total students |
|
Placement Rate |
87% |
|
Average GMAT Score |
686 |
|
Average Annual Cost |
INR 37-75 L |
|
Average Salary |
INR 83 LPA |
The IE Business School provides a wide range of programs in several subject areas. The school provides programs in full-time, part-time, or mixed formats to enable maximum flexibility while meeting the demands of the real world. Numerous bachelor's and master's degree programs are offered in a variety of subjects, including management, finance, international relations, and business administration, are offered by the business school. The first year tuition fee for IE Business School ranges between INR 37- 75 L.
Check below the key highlights around IE Business School:
Commonly asked questions On Highlights
Q: What is acceptance rate at IE Business School?
The IE Business School does not release an explicit acceptance rate. However, as per some unofficial sources, the IE Business School acceptance rate is nearly 41%. Low acceptance rate makes it very competitive to get selected into the school. Students can improve their chances of selection into the school by:
- Having good grades
- Better scores of eligibility exams
- Having professional experience and detailed CV
Q: What is IE Business School famous for?
The IE Business School is a management school established in 1973, in Madrid, Spain. The School is known for its state-of-the-art research facility and high-quality education to its students.
- Management Courses: The school is known in the world for providing excellent management related education to students.
- Diversity: The international students at the school represents more than 48 countries.
- Placement: The students after graduating from IE Business School are recruited in top firm around the world within 3 months of graduation.
- Top ranked Business School: The business school is one of the top 10 ranked Business School around the world as per various ranking bodies.
Q: Is IE Business School accredited?
Yes, The IE Business School is accredited. It is the only management school in Spain to be accredited by AACSB (Association to Advance Collegiate Schools of Business), EQUIS (EFMD Quality Improvement system), and AMBA (Association of MBAs). Being recognised by multiple bodies, the school is known for its state of the art education.
Q: Why should I pursue MBA from IE Business School?
The IE Business School is one of the top ranked management school in the world. As an international student, intending to pursue MBA program, IE Business School might be the best choice for you. Some of the reasons for you to consider IE Business School are:
- Competitive education.
- School provides ample connections and networking opportunities.
- On Campus job recruitment
- Offers scholarships which make the education really affordable and accessible.
Q: Where is IE Business School located?
The IE Business School is a school part of IE University. The campus is located in the capital city Madrid, Spain. The Business School is among the best Business schools around the world. The School enrolls more than 90% of the international students and is known to provide state of the art education to students.
IE Business School Popular Programs
IE Business School is known for its management programs. The school offers programs at UG, PG and research level of study. The popular course at the school is MBA which is a 12-15-month course. The full time MBA fees at IE Business School is INR 37-75 L for first year. The students are also required to pay for other living expenses as well.
As per the alumni data, some of the IE Business School popular courses are:
Read more: MBA in Spain
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Commonly asked questions On Popular Programs
Q: What popular courses are offered at IE Business School?
The IE Business School is known for its management related courses. The B-School provides graduate and research level study in the areas of management, finance, marketing among others. Some of the IE Business School popular courses include:
- MBA
- Executive MBA
- Global MBA
- Doctorate in Business Studies.
IE Business School Scholarships
IE Business School Admission Dates 2025
Being one of the top-ranked Business schools around the globe, IE Business School is one of the highly competitive B-Schools to selected into. Hence, Students are required to apply as early as possible to avoid any last-minute hassle. Some of the Key points of the admission process include:
- The B-School accepts applications through the common application portal available on the official website of the B-School.
- The school accepts 2 intakes season per year, which starts in September and January respectively.
- To apply, the student is required to submit an application fee of EUR 150, along with the duly filled application form.
- The student needs to submit all the required documents on the official website and some are required to be sent directly to the B-School.
- The Students are required to appear in a Personal interview as part of the selection process.
- The selection result is communicated to students within 1-3 weeks.
Key points about the Admission dates:
|
Highlights |
Details |
|---|---|
|
Intakes |
September January |
|
Deadline |
Rolling |
|
Application Fee |
EUR 150 |
The Application process at the IE Business School is
- Application fees :No Fees
- Type of deadline :Rolling
Documents| Type of documents | Applicable for |
|---|---|
| SOP | Not required |
| LOR | Needed for all courses |
| Essays | Needed for few courses |
| CV | Needed for few courses |
| Additional documents | Required |
Important dates| Intake season | Deadline |
|---|
Commonly asked questions On Admissions
Q: When can international students apply at IE Business School?
The IE Business School enrolls nearly 92% of international students. Being one of the popular and top ranked business school, it is highly competitive to get selected into the B-School. The students are advised to apply as early as possible to avoid any last minute hassle.
The school has rolling admission deadlines and students can apply all year long. However, it is advised to apply 2-3 months before semester begins.
Q: Does IE Business School accept late applications?
The IE Business School follows rolling admission deadlines. This means that students can apply all year long. It is however advised to at least apply 2-3 months before starting of semester. The Business School is one of the top ranked business school in the world and enrolls nearly 92% international students.
Q: How long does it take to hear back from IE Business School?
As per the admission team, the decisions regarding the admission and selection of candidates are communicated within 1-3 weeks of receiving of duly completed application form. After successful admission, students can:
- Start applying for any financial aid if required
- Applying for housing and accommodation
- Start Visa process
- Learn more about the city and culture of Spain
IE Business School Cost
The main campus of IE Business School is in Madrid, Spain which is spread across an area of more than 50,000 square meters. The school provides on-campus housing and accommodation to its students. Students living on-campus can avail the following amenities:
- Access to the IE Business School Library
- Discounts at the bookshop
- Access to on-campus leisure places such as theatre, cafes, shops
The average cost of living on the campus of IE Business School is given below:
|
Type of Expense |
Average Monthly Expense |
|---|---|
|
Housing |
INR 1.17 L |
|
Food |
INR 40,000 |
|
Transportation/Commutation |
INR 6000 |
|
Miscellaneous* |
INR 40,000 |
*Subjective and may vary
Read more: Study in Spain
| Courses | 1st Year Tuition Fees | Duration & Eligibility |
|---|---|---|
MBA/PGDM(3 courses) | INR 36 L - 73 L | Duration: 11 months-1 year Exam Accepted: GMAT, GRE, IELTS: 7 & Above |
MIM(1 course) | INR 38 L | Duration: 11 months Exam Accepted: GMAT, GRE, IELTS: 7 & Above |
M.Sc.(1 course) | INR 36 L | Duration: 1 year Exam Accepted: GMAT, GRE, IELTS: 7 & Above |
Executive MBA/PGDM(1 course) | INR 71 L | Duration: 16 months Exam Accepted: GMAT, GRE, IELTS: 7 & Above |
Commonly asked questions On Fees and Eligibility
Q: What is the cost of living at IE Business School campus for international students?
The average cost of living on the campus of IE Business School is given below:
Type of Expense | Average Monthly Expense |
|---|---|
Housing | INR 1.17 L |
Food | INR 40,000 |
Transportation/Commutation | INR 6000 |
Miscellaneous* | INR 40,000 |
*Subjective and may vary
Q: What is the tuition fee for international students at IE Business School?
The IE Business School tuition fees for international students for some of the popular courses is given below:
| Courses | 1st Year Tuition Fees |
|---|---|
MIM (3 courses) | INR 37 L - 75 L |
MIM (1 course) | INR 39 L |
M.Sc. (1 course) | INR 37 L |
Executive MBA/PGDM (1 course) | INR 73 L |
IE Business School Placements
IE Business School provides career guidance to support students. MBA is one of the top courses of IE Business School. In 2023, a total of 667 graduates participated in the placement drive. Out of the total 68% male and 32% female were placed.
Check below the key highlights:
| Particulars | Statistics |
|---|---|
| Students receiving job offers within 3 months after graduation | 95% |
| Graduates who changed geographical location | 44% |
| Average Salary | INR 83 L |
| Average Signing Bonus | INR 23.45 L |
As per the alumni data, some of the areas where graduates of the IE Business School are
Top Recruiters
Commonly asked questions On Placements
Q: Which companies are the top recruiters of MBA graduates from IE Business School?
Being one of the top ranked B-School among the world, IE Business School MBA graduates are employed in some top companies around the world. Some of the companies are:
- Amazon
- Ericsson
- Infosys
- Uber
- Adidas
- Nike
- L’Oréal
- American Express
- BCG
- Porsche Consulting
Q: What job roles can I get after pursuing MBA from IE Business School?
As per the graduation data for year 2022, some of the roles for which IE Business School MBA graduates are hired are
- Consulting
- Finance
- General management
- Marketing
- Sales
- Strategy/ Planning
- Operations
IE Business School Rankings
The IE Business School ranking is amongst the top ranking institutions of the world. As per the Shiksha Grading, various courses are ranked. The School is graded A++ for the subject of Business Analytics. As per Forbes 2025 ranking, the school is ranked 7th among the Global Business Schools
As per QS World University Ranking- Global MBA, IE Business School ranking is 8th in the world, and 3rd in the Europe. The Business School ranking has consistently improved in the recent years, indicating a growth and reputation IE Business School earned through the years.
The B-School is known for creating the workforce of the future which is equipped with the advanced knowledge to make the world a better place.
Commonly asked questions On Rankings
Q: Is IE Business School a top ranked university?
Yes, The IE Business School is one of the top ranked business school around the world. As per QS World University Ranking- Global MBA, IE Business School ranking is 8th in the world. The B-School ranking has consistently improved in the recent years, indicating a growth and reputation IE Business School earned through the years. The financial Times in its ranking for 2024, has ranked IE Business School as 7nd in Europe.
IE Business SchoolCollege comparison
Compare IE Business School with other similar colleges
| College | 1st Year Tuition Fees | Shiksha Grade | Ranking |
|---|---|---|---|
IE Business School | INR 36.23 L - 72.73 L | -/- | -/- |
INSEAD - France  Compare | INR 46.39 L - 91.46 L | C | #880 US News, 2024 |
ESCP Europe Business School - Paris Campus Compare | INR 18.82 L - 45.51 L | -/- | -/- |
ESSEC Business School - France Compare | INR 11.13 L - 44.19 L | -/- | -/- |
HEC Paris Compare | INR 19.55 L - 64.95 L | -/- | -/- |
EMLYON Business School Compare | INR 12.15 L - 38.44 L | -/- | -/- |
Studying in Spain
Due to its low and affordable tuition fees, Spain has come to be recognized as one of the popular study destinations for international students, who are budget-minded. How much it will cost will also depend upon a few other factors such as the university, place, type of programme, and the institute’s reputation. If a student is looking forward to studying at a public university, he or she may have to spend between 2,000-3,500 Euros annually.
Cost of living
How much would you pay for living will depend on lot many factors such as the room type, facilities available, location, etc. A one-bedroom apartment in the student-famous city, Madrid, may cost students around 1,000 Euros, whereas one may have to pay 850 Euros for an apartment in Barcelona.
The table below displays the rent of a 1-bedroom flat in different Spanish cities that are cheap for overseas students:
|
City |
1-bedroom flat (centre) |
1-bedroom flat (periphery) |
|---|---|---|
|
Salamanca |
450 € |
305 € |
|
Córdoba |
416 € |
350 € |
|
Seville |
620 € |
446 € |
|
Granada |
550 € |
420 € |
Read more: Cost of studying in Spain for International Students 2023
Read more: Cost of living in Spain for International Students 2023
Key Facts About Spain
Insights on education, demographics & weather.
Commonly asked questions On Study in Country
Q: What is the cost of studying in Spain?
Due to its low and affordable tuition fees, Spain has come to be recognised as one of the popular study destinations for international students, who are budget-minded. How much it will cost will also depend upon a few other factors such as the university, place, type of programme, and the institute’s reputation. If a student is looking forward to studying at a public university, he or she may have to spend between 2,000-3,500 Euros annually.
Q: What is the cost of living in Spain?
How much would you pay for living will depend on lot many factors such as the room type, facilities available, location, etc. A one-bedroom apartment in the student-famous city, Madrid, may cost students around 1,000 Euros, whereas one may have to pay 850 Euros for an apartment in Barcelona.
The table below displays the rent of a 1-bedroom flat in different Spanish cities that are cheap for overseas students:
City | 1-bedroom flat (centre) | 1-bedroom flat (periphery) |
|---|---|---|
Salamanca | 450 € | 305 € |
Córdoba | 416 € | 350 € |
Seville | 620 € | 446 € |
Granada | 550 € | 420 € |
IE Business School Notable Alumni
Many of the recognised personalities were a part of the IE Business School. Some of the notable alumni of IE Business School:
- 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 World Health Organisation)
- Pablo Largarcha (Vice President, Business Planning & Integration at The Coca-Cola Company)
- Claire Beaumont (CFO of Finance Business Partner)
IE Business SchoolDetails
Commonly asked questions On Others
Q: Is IE Business School better than IESE Business School?
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.
IE Business School FAQs
Frequently Asked Questions around IE Business School
Q: How to apply for a Spain visa?
Step 1: If the applicant is a minor, one of their parents must submit the application for a study visa to Spain on their behalf.
Step 2: The Consular Office is the competent authority to accept visa applications from individuals residing in cities that have a consulate. Applicants may also speak with visa brokers who have received advance approval from the Consular Office.
Step 3: The Consular Office will give the applicant a certificate of receipt of the application along with a number that will allow them to monitor the progress of their dossier via a link on the official website after they submit their Student Visa application.
Step 4: The Consular Office could ask the applicant to provide any missing paperwork or to offer further information if it's needed to make a determination on their application for a student visa to Spain. A personal interview with the candidate may also be scheduled.
Step 5: After a decision has been reached, the Spain Study Visa must be picked up in person within two months by the applicant or their agent (if the applicant is a minor).
IE Business School
Student Forum
Anything you would want to ask experts?Answered 6 months ago
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
Contributor-Level 10
Answered 6 months ago
Yes, ELISAVA Barcelona School of Design and Engineering is indeed cheaper than IE Business School as the cost of tuition at ELISAVA Barcelona School of Design and Engineering amounts to 11,000 Euros or 10,00,000 INR for each academic year. On the other hand, the cost of tuition at IE Business School
D
Contributor-Level 10
Answered 6 months ago
ELISAVA Barcelona School of Design and Engineering is reputed for design and engineering programs in Spain, offering a unique blend of high academic quality, international network, and job opportunities. In addition, the cost of living is much less as compared to IE Business School with similar plac
D
Contributor-Level 10
Answered a year ago
IE Business School and ESADE Business School are both well-known institutions in Spain. Esade Business School is popularly known as one of the top MBA programmes in Spain & is also thought to be the least expensive. Acceptance rate is roughly 61%. Also, the institution provides fully funded PhD prog
N
Contributor-Level 10
Answered a year ago
IE Business School and Esade Business School are both highly regarded in Spain for their Master's in Management (MIM) programs, making the decision tough. However, the better choice depends on your personal priorities and career aspirations. Here's a breakdown:
Focus of the course:
IE Business School:
N
Contributor-Level 10
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IE Business School
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IE Business SchoolLocation
| University City | Madrid, Other - Spain, Spain |
IE Business SchoolCampuses
Calle Maria de Molina, 11-13-15 28006 Madrid SPAIN
Visit official siteIE Business SchoolContact Information
Calle Maria de Molina, 11-13-15
28006 Madrid SPAIN
Madrid ( Other - Spain)
Which is better - IE Business School or IESE Business School?