IE Business School is a business school in Madrid, Spain, with graduate and undergraduate programs. The IE Business School is a private college. It was created in 1973 as the Instituto de Empresa and has been a part of IE University since 2009. IE University’s Business School is regarded as one of Europe’s top business schools. There are 60,000 alumni from the school spread throughout 140 countries. BBA, MBA, Executive MBA, master’s degree programs in finance and management, executive education programs, and Ph.D. and DBA programs are all offered at IE Business School.
In Madrid’s financial sector, Barrio de Salamanca, the college’s campus is divided into 17 buildings. The business school provides a technology-based learning environment that prepares tomorrow’s leaders to create good change via innovation, a global vision, an entrepreneurial mindset, and a unique focus on the humanities.
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Courses Offered
In the fields of business and technology, the IE Business School offers approximately 100 degree-granting programs. It offers more than 30 postgraduate, five bachelor’s, and four dual bachelor’s degree programs. It provides two research-based programs, the Doctor of Business Administration (DBA) and the Doctor of Management (PhD), as well as six business certificates and three executive education programs. MBA, Executive MBA, and dual-MBA degree courses are available under MBA programs. It’s also worth noting that only a few of the programs are taught in English, with the rest being taught in Spanish.
Eligibility Requirements
International students wishing to enroll in undergraduate programs should possess the following academic credentials or their equivalents:
Academic Qualification
Academic Qualification | Scores Required |
A-Levels | Minimum of 3 A-LevelsRange: A B B to A*A*A* |
IB | 30-45 |
US High School Diploma | GPA 3.0 or above |
Masters Admissions
Students must have a bachelor’s degree from a recognized university and a competitive GMAT score to be admitted to master’s programs. The majority of applicants have a GMAT score between 650 and 770.
MBA Admissions
Candidates for MBA programs must have a bachelor’s degree and three years of professional experience in related subjects. Additionally, a competitive GRE or GMAT score is required.
English Proficiency Requirements
International students from non-English-speaking countries must provide one of the following English test scores as proof of language proficiency:
English Tests | Minimum Scores for UG | Minimum 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 | – |
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Admission Process
For undergraduate and graduate admissions, the IE Business School does not have a set deadline. The university offers a rolling admissions process, which means students can apply at any time during the year.
Through the institution’s online application site, international undergraduate and graduate students can apply directly to the university.
The school will normally process your application and respond with a decision within one to three weeks. Students can also check the status of their applications on the portal.
Documents Required
International students must present English-language transcripts or a certified translated copy along with the original documentation. Aside from that, at the time of application, the following general documents are required:
For UG Admissions
- English language proficiency test score
- Two Letters of Recommendation (LORs)
- Application essay
- CV for academic background
- A copy of the passport
- Financial documents
For PG Admissions
- English language proficiency test score
- GMAT/GRE score report
- Letters of Recommendation (LORs)
- An essay or Personal Statement
- Resume
- Portfolios, other supplementary documents, etc.
- A copy of the passport
- Financial documents
Application & Tuition Fees
The IE Business School charges a non-refundable application fee of EUR 150 (INR 12,126.04) for both undergraduate and graduate students. If a student requires financial assistance, they can request a fee waiver.
Note: Each academic year, tuition and other fees are subject to change without notice.
Scholarships & Financial Aid
At the IE Business School, International students can apply for scholarships at IE Business School based on their financial needs, merit, academic excellence, and unique skills. Its Financial Aid Office offers students a variety of scholarships and loan choices. After 48 hours of submitting their admissions forms, students can apply for scholarships. The university offers a variety of scholarships, including
- IE High Potential Award
- IE Collaboration Award
- IE High Achievers Scholarship
- IE Asia Pacific Talent Scholarship
- IE Women Scholarships
- STEM Scholarship
- IE Talent Scholarship
Scholarship amounts vary but typically cover 25 to 75 percent of tuition fees for students based on merit, academic excellence, and economic/financial need. The deadline for scholarship applications is in mid-July. Some scholarships, on the other hand, may have an earlier deadline, so applicants should read the terms and conditions before submitting their applications.
FAQs
While attending the school, international students are permitted to work both on and off-campus. In a regular university session, international students are permitted to work for 20 hours per week. Students can work full-time or 40 hours per week during vacations and holidays.
IE University has a variety of on-campus and off-campus housing options. Student residences, individual flats, homestays with local families, and communal flats are also available.
IE Business School is one of the most competitive schools in the world, with an admittance rate of 30-40%.
If you want to get into a high university, you’ll need more than just good grades; you’ll also need flawless application because the competition is fierce. You may enlist the assistance of Leverage Eduspecialists to assist you with the application process so that you can realize your goals. Call us immediately at 1800 57 2000 for a free 30-minute consultation.