IE Business School ranked No. 5 in Europe and No. 1 in Spain by Financial Times

14/03/2011 - General

IE Business School holds position No. 5 in Europe and No. 1 in Spain in the 2009 ranking of European business schools published by Financial Times.


The annual report is based on the results obtained by leading European business schools in the rankings of MBA programs, Executive MBAs, masters in management and executive education programs published throughout this year by Financial Times.


The results of FT’s “ranking of rankings” are based on factors that include graduate salary progression, levels of diversity among faculty and student body, and fulfillment of expectations of students and recruiters.


IE Business School’s position in FT’s ranking of European business schools further consolidates results achieved by the School this year in international rankings conducted by Wall Street Journal (No. 1 worldwide, MBA), BusinessWeek (No. 2 worldwide, MBA) and Forbes (No. 3 worldwide, MBA).


IE Business School shapes leaders that promote innovation and change in organisations, equipping directors with an entrepreneurial mindset that generates employment, wealth and social wellbeing. Recognised as one of the world’s leading business schools, IE Business School has an urban campus in Madrid and a faculty of more than 500 professors who teach students from 88 countries on its master, PhD and executive education programs. IE students use innovative online and presential learning formats, including the IE Communities platform where they exchange knowledge and experiences with 40,000 IE graduates that currently hold management positions in some 100 countries.

IE Law School listed among the best law schools in the world by Financial Times

14/03/2011 - General

Madrid, November 24, 2009. IE Law School has been listed for the second consecutive year among the best law schools worldwide in the Financial Times’ ‘Global Legal Education 2009’ report. The FT’s survey of education in the world of law features the top 57 law schools in the world, 12 of which are European, and uses criteria such as legal fields taught, the level of internationalization of the student body, and the employability of graduates on completion of the program.

The report underscores the fact that 90% of IE Law School graduates are working within 3 months of completing their studies. In the 2008/2009 academic year, 210 students from 35 countries undertook one of IE’s 6 Masters of Laws (LL.M), which include the Executive LL.M. run jointly with Northwestern University (US), the Master of Laws (LL.M.) in International Legal Practice, and Spanish-taught Masters in Law and Tax.

About IE Law School

IE Law School equips legal professionals to meet the challenges of a global economy and to steer their companies through the fast changing world of law and business through responsible leadership. The School is a vibrant community committed to the generation of legal knowledge in a corporate, economic and social context. The IE Law School Master of Laws (LL.M.) and executive education programs are international benchmarks in corporate law, renowned for their innovative approach to providing solutions for legal problems in a global market and for their focus on active learning. Following 35 years as part of IE Business School, business administration continues to form part of IE Law School programs given its essential role in providing an integral vision of the world of business and its key players.

IE University Aims for Sustainability

14/03/2011 - General

Within the context of the global economic crisis which we have experienced these past months, we often hear opinions which emphasize the need to carefully analyze investments, prioritizing on those that directly maximize and consolidate what is most beneficial. However, at IE University we aim to establish a series of key values for institutions and businesses which go beyond a purely economic scope.


Among these values is sustainability, always a complex and challenging topic, which will be the focus of discussion on the 20th of November. The event, Sustainability in Critical Times, will be held in the Refectory of IE University from 9:30 to 14:300. The objective is to strengthen the links between the academic and business world, in order to foster cooperation in generating greater knowledge and understanding of best practices in the area of sustainable development.


Among the presenters at this event are prestigious and internationally recognized professionals, such as Yves Lesenfants, who will inaugurate the event. He is a technical advisor for the Foundation of Multilateral Investments (FOMIN) and the Inter-American Development Bank (I.A.D.B.), as well as the social founder of the Andes Tropical Program. Located in Venezuela, the Andes Tropical Program works to protect and improve the natural ecosystem by identifying and resolving threats caused by the exploitation of agroecosystems. Through the use of innovative technological tools applied to the planning of the landscape, they have enabled the coexistence of traditional productive activities along with the development of sustainable tourism.


Javier Carrillo, Director of Economic Environment at IE Business School (IE University), will analyze the next steps in eco-innovations and what will shape the future of economic politics in the EU.


Antonio Lucio Gil, Director General of the Department of Transportation of the District of Madrid, will speak about the future of urban transportation and his paper which focuses on a design for sustainable cities.


Raúl Revuelta, Director of the Bachelor in Tourism Management at IE Business School (IE University) will close the second part of the event with a presentation of the Saas-FEE case, a locality in the Swiss Alps whose commitment to sustainability has gained numerous awards and international recognition, including the Energy Town of 2002, and the seal of Excellence in 2004.


The Event will conclude with a round table discussion analyzing the various strategies of business from many different sectors but which all share the common goal of achieving sustainability. Among the businesses invited are Toyota, Red Electric Spain, Iberpistas and Ferrovial.


The event is hosted by Iberpistas and the Foundation of Universities of Castilla and León. Those interested in attending the event can register online at this site

IE University online game fosters the spirit of cooperation in the field of science among students around Europe

14/03/2011 - General

IE University has designed an online game that brings interdisciplinary, international and collaborative aspects of science to students all over Europe. “The International Lake Game Competition” is an interactive game played over the internet, whereby participants gain first-hand experience of the tension involved in deciding between cooperating for the good of their community, or opting for personal gain. The game was created by the multimedia department of IE Business School’s e-learning unit, and will soon be played by students from countries that include France, Switzerland, Portugal and Spain. Participants will compete online on November 12 to demonstrate their capacity to cooperate in an unusual setting: an artificial lake on whose shores 8 factories have been built, all of which need the water in the lakes to produce their goods.


The way the game works is apparently simple: participants are divided into 24 teams, which in turn are positioned around 3 artificial lakes in such a way that each team is in charge of one of the 8 factories around each reservoir. The factories have to decide, as the game unfolds, if they will make the effort to clean the waste water that flows out of their plant and into the reservoir, in which case their income will go down, or if they dump untreated water, in which case their profits will go up. The production process of all the companies will be halted if the level of pollution in the reservoir goes beyond a given threshold, which means that cooperation with the other factories is vital for their own survival and a chance to get through to the final. The company who makes the greatest profit will win the game.


The teams, half of which will be international, will have two opportunities to communicate using a webcam and microphone; hence, the competition will be run entirely in English. It is the most innovative and risk-based activity offered by IE University for the Science, Technology and Innovation Week, a key event in the communication of advances in science and technology in Europe, and set to take place from November 12 - 19 in Spain’s Castilla y León province. 


The coordinator of activities at IE University, Jesús G. Ochoa de Alda, sees the game as an ideal opportunity to showcase the issue addressed by the latest winner of the Nobel Prize for Economy, US researcher Elinor Ostrom, who was awarded the Nobel Prize for her “analysis of economic governance, especially the commons”. Her theory overturned a line of thought that has stood for the last 30 years that claimed that the overexploitation of shared resources by a community would inevitably lead to their extinction. Ostrom rejected this theory, favoring an alternative ending, and which makes for an excellent setting for the Lake game, based on dialogue among the members of the community. Ochoa, who teaches Evolutive Biology at IE University, observes that “sometimes the individual has to earn less so that the community can survive”.


In addition to the Lake game, IE University has programmed a further 20 activities for the 2009 Science Week, including courses, workshops, conferences, roundtables, exhibitions, and fieldwork. The object of all said activities is to serve as a platform to bring science, technology and innovation closer to the society they serve.

Week zero at IE University

14/03/2011 - General

"Week zero" at IE’s Santa Cruz la Real campus comprised a broad range of activities aimed at easing first-year students into their new academic environment and the IE University philosophy. Over the course of three action-packed days the students got to know in detail how the University works and found out more about its schools, degree programs and the international profiles of its faculty, in preparation for the challenges that lay ahead. Students were also brought up to speed on the services and facilities available to them on the 18,000m2 campus, where latest generation technologies blend seamlessly with 15th century buildings steeped in history.


70% of first-year degree students at IE University are from outside Spain, from some 35 countries worldwide. The campus is a truly international environment, having welcomed students for the  2009/2010  academic year from countries that included the US, Germany, France, Russia, Italy, Portugal, Poland, Holland, Serbia, Belgium, Switzerland, Greece, Romania, Turkey, Morocco, Libya,  Philippines, Brazil, Oman, Pakistan, Australia, Iran, Georgia, Mexico, Colombia and Venezuela.


Week Zero was divided into three intense days of activities at the Segovia campus and in the Guadarrama mountains, where students undertook an experiential program. In addition to purely academic activities, students took part in other, equally important teambuilding exercises.


On the first day students got to grips with campus facilities and services, as well as learning more about the philosophy and values espoused by IE University, including the entrepreneurial spirit, business management, a humanistic approach, and technological innovation. Following a simple welcome ceremony led by the Rector, Santiago Íñiguez de Onzoño, the students were photographed at the entrance to the University’s Aula Magna, next to the entrance door to the old Santa Cruz la Real campus, the work of architect Juan Güas.


Students then participated in talks and addresses about the University’s code of ethics, IE’s innovative teaching methods, and the “IE module”, which comprises a series of transversal subjects that apply to all IE University programs. The module brings students closer to professional realities, equipping them with a deep knowledge of contemporary cultures and societies, relational and work skills, an ethical stance and an introduction to the world of business and management. The first day of Week Zero was rounded off with a guided tour of Segovia, declared a world heritage site by Unesco.


Outdoor and leisure day

On the second day students were taken to Valle de la Barranca (Guadarrama mountains, province of Madrid) to enjoy a series of outdoor training activities designed to promote teamworking and the team spirit. “The objective was to enable bonding among the group, and to work on personal skills, leadership skills and teambuilding”, said professor Raúl Revuelta, Director of Extracurricular Activities at IE University.


As part of an activity called “The 7+7 wonders of the world”, students embarked on a treasure hunt which consisted in solving different cultural clues acted out to achieve a final objective that involved all the groups. The next challenge came in the form of outdoor activity park “De Pino a Pino”, where students had fun doing four circuits, which included an enormous wire gliding course, with glides as long as 160 meters, trapezes , rope bridges, nets, and  tree ropes.


Finally, the third day of Week Zero was held at the Santa Cruz la Real campus. The main aim was for students to find out more about IE’s different schools at the Madrid and Segovia campuses through talks given by their respective deans. Each school presented its faculty and its key projects for the upcoming academic year.


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