IE Business School Admissions 2025: Application Deadline, Requirements & Costs

IE Business School is a private college in Madrid, Spain. IE offers undergraduate and graduate programs in business to its students. It holds triple accreditation from prestigious agencies, such as the EFMD Quality Improvement System, Association to Advance Collegiate Schools of Business, and the Association of MBAs. The college’s campus is divided into 17 buildings in Madrid’s financial district, Barrio de Salamanca. The business school offers a technology-based learning ecosystem, training the leaders of tomorrow to make positive change through innovation, a global vision, an entrepreneurial mindset and a unique focus on the humanities. With over 500 professors and 60,000 alumni around the world, the school to committed to excellence in teaching methodology and integrating technology with education.

Courses Offered

What all courses are available to international students?

The IE Business School offers over 100 degree-awarding programs in the field of Business and Technology. It has over 30 postgraduate, five bachelor’s degree, and four dual bachelor’s programs. It offers two research-based courses – Doctor in Business Administration (DBA) and Doctor in Management (PhD), six business certificate, and three executive education programs. Under MBA programs,  it offers MBA, Executive MBA, and dual-MBA degree courses. Students should also note that only a few programs are taught in English and the rest are taught in Spanish.

Undergraduate Programs at IE Business School
Business Administration (BBA)	Behavior and Social Science	Communication and Digital Media
Computer Science and Artificial Intelligence	Data and Business Analytics	BBA + Data and Business Analytics
BBA + International Relations	BBA + Law	Philosophy, Politics, Law and Economics + Data and Business Analytics

Eligibility & Documents Required

What are the eligibility requirements?

International students seeking admission in undergraduate programs should have the following necessary academic qualifications or its equivalent:

Academic Qualification	Score Required
A-Levels	Minimum of 3 A-Levels Range: A B B to A*A*A*
IB	30-45
US High School Diploma	GPA 3.0 or above Advance Placement and Honors courses are highly recommended

 

Masters Admissions

For admission in master’s programs, students should have a bachelor’s degree from a recognized institution along with a competitive GMAT score. Most of the applicants apply with a GMAT score of 650-770.

 

MBA Admissions

For MBA programs, candidates need a bachelor’s degree and minimum of three years of professional experience in relevant field. Competitive GRE or GMAT score is also required.

 

English Proficiency Requirements

International students that do not belong from an English-speaking nation must submit any of these English test scores as a proof of language proficiency:

English Tests Accepted	Min. Scores for UG	Min. Scores for PG
IELTS	7.0 bands or higher	7.0 bands or higher
TOEFL iBT	Minimum: 90 Recommended: 100	Minimum: 100
DET	Minimum: 115 Recommended: 120 or above	Minimum: 120
CAE/CPE	A, B, or C Grade	-
ACT English	24 or above	-

What all documents are needed for application?

International students need to submit transcripts that are in English or a certified translated copy should be attached with the original documents. Apart from this, the following generic documents are required at the time of application:

UG Admissions	PG Admissions
English language proficiency test score Two Letters of Recommendation (LORs) Application essay CV for academic background A copy of passport Financial documents	English language proficiency test score GMAT/GRE score report Letters of Recommendation (LORs) Essay or Personal Statement Resume Portfolios, other supplementary documents, etc. A copy of passport Financial documents

Application & Tuition Fees

Is there any application fees?

The non-refundable application fee of the IE Business School is EUR 150 for both undergraduate and graduate students. Students can request a fee waiver if they need financial help.

What is the fee structure of courses offered by the school?

International students can expect the following range of tuition fees as per program at IE Business School:

 

 

Note: Tuition and other charges are subject to rise without notice with each academic year. We encourage you to check the official website for current year’s fee structure.

Scholarships & Financial Aid

Is there any scholarship or financial aid available for international students?

IE Business School offers scholarships to international students based on their economic needs, merit, academic excellence, and distinctive competencies. Its Financial Aid Office provides several awards programs and loan options to students. Students can apply for scholarships after 48 hours of submitting their admission applications. Some of the scholarships offered by the university are:

• IE High Potential Award
• IE Collaboration Award
• IE High Achievers Scholarship
• IE Asia Pacific Talent Scholarship
• IE Women Scholarships
• STEM Scholarship
• IE Talent Scholarship

The scholarship amount varies, but most scholarships cover 25-75% of tuition fees for the students depending on merit, academic excellence, and economic/financial need. The application deadline for scholarships is mid-July. However, some scholarships might have an earlier deadline, so students must review the conditions before submitting their applications.

Admission Process

When do the admissions start?

The IE Business School does not have a specific deadline for undergraduate and graduate admissions. The school has a rolling admissions policy, which means that students can apply to the university at any time of the year.

How to apply to UG and PG courses?

International undergraduate and graduate students can apply to the university directly through its online application portal. You use the link given below and follow the steps to fill your application form.

Portal link: my.ie.edu/en/applyuni/?locale=en-US 

 

Step 1: As a new user, create an account and save the details.

 

 

Step 2: Select your program and courses. Choose the campus location and click ‘Continue’.

 

 

Step 3: You need to fill all these sections of the form. Review the form thoroughly and submit after paying the application fee.

 

 

When will I hear from the school after I submit my application?

The school usually takes one to three weeks to process your application and revert with a decision. Students can also check their application status on the portal.

Student Diversity & Preferred Profile

What are the chances to get into this school?

The school’s various stages of admission process are aimed at identifying areas of academic and personal profile of applicants that make each individual stand out and highlight their uniqueness. It has a low acceptance rate but it is majorly due to the fact that the undergraduate programs are limited, and seats are awarded on a first-come-first-served basis, by strict order of reservation. As the programs are usually full several months before the academic year starts, the university advises students to start the application process as soon as possible, keeping in mind that applying for visas can take time. The UG admission selection process is a three-step procedure:

 

 

Diversity is highly valued by the university which reflects in its Admission Process. The Admissions Committee evaluates an applicant’s academic performance as well as their awards and accomplishment in the professional field. Thus, for graduate admissions as well, it takes a holistic approach when evaluating applications in order to bring in the most talented and interesting candidates. The review process identifies and recognizes creativity and a wide range of competencies, which are not always reflected in a traditional assessment based solely on academic achievement. Thus, an ideal IE Business School applicant should be open-minded, can make a real impact with their work, able to think rationally and logically, and take a step further irrespective of their circumstances.

 

IE Business School Class Profile
Total applicants	3,373
Acceptance rate	41%
Median GMAT	686
Work experience	7 years

Source: Forbes

How many Indian/international students are studying at the school?

The university claims that it has over 75% of international students from more than 110 countries that are studying in its various school, including the IE Business School. These students come from more than 60 educational systems, and a majority of the international student body belong from China, the USA, Japan, India, and Scandinavian nations.

Part Time Work While Studying

Can I work while studying here?

International students can work on and off-campus while studying at the school. The on-campus work opportunities provide students with hands-on experience in their relevant fields. A majority of on-campus training is related to master’s and business administration programs. IE Talent and Career help students choose their career path and guide them in the decision-making process. The academic faculty of the university also helps students with multi-cultural and research-focused training and processes. International students are allowed to work for 20 hours per week in a regular university session. During vacations and holidays, students can work full-time or 40 hours a week.

 

IE university offers IE Women in Tech Mentorship Programs for female executives. To accelerate the development of emerging digital leaders, students receive mentorship under this program. The university also offers paid internships to the students to help them gain experience before they graduate.

Campuses & Accommodation

How many campuses does the school have?

The IE Business School is located in the financial district of Madrid, Barrio de Salamanca. A part of the IE University, IE Business School has new campus in the north of Madrid known as the Campus IE.

Is on-campus housing available?

IE University offers several on- and off-campus housing accommodation facilities. It includes student residences, private flats, homestay with local families, and shared flats. The majority of people live on campus or closer to the Barrio de Salamanca center as it has a broader range of services and leisure options for students.

 

Student residences include utility bills and internet contacts for the ease of students. It also provides students with additional services like laundry, food, and furniture. Students are advised to reserve the rooms in student residences due to the limited availability of rooms. The university offers Apartments by Beyond Campus, InnFamily accommodations, and off-campus accommodation options to the students. Students can rent a flat using real estate agencies and websites listed on the university’s housing webpage.

 

Students can check the property listings, roommate profiles, student sublets, real estate agencies, message boards, landlords and advertisers, and other related services at the university's off-campus webpage. Some of the popular housing search websites in Spain are Idealista, Fotocasa, and Enalquiler.

 

The off-campus housing accommodations include apartments, townhouses, full houses, studios, a single bedroom, double bedroom, studio, basement suites, luxurious suites, etc. Students can choose to rent a place, stay with friends and family, or share apartments. The rent and living expenses depend on the lifestyle of students. The estimated cost of housing in Madrid is as follows:

Accommodation Type	Monthly Cost (in EUR)
Studio	750-1,000
1 bedroom apartment	900-1,200
2 bedrooms apartment	1,200-2,000
Room in a shared apartment	450-600
Room in a private residence	1,000-1,500

 

The estimated cost of living in Madrid is as follows:

Expense Type	Monthly Cost (in EUR)
Electricity charges	15-30
Water and heat charges	50-80
Cell phone bills	25
Internet and landline	40
Groceries	200-350
Public Transportation	55
Private Spanish Medical Insurance	35-50

 

Note: The expenses of the university might change depending upon student’s lifestyle and requirements. For more details, students can refer to the university's housing webpage.

University Contact Information

Whom should I contact in case of any doubts?

In case of doubts, students can contact the school at:

Address: IE Business School, Calle de Maria de Molina, 31, 28006 Madrid, Spain

Website: www.ie.edu/business-school/

Telephone: +34-9-568-96-00