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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 www.funivcyl.com
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.
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.
14/03/2011 - General
“IE University is an international institution not only in terms of its mission, but also in the composition of its student body and faculty from countries around the world. The percentage of international students in this year’s intake for degree programs stands at 70%.” This is IE University in the words of its Rector, Santiago Íñiguez de Onzoño, speaking during the inauguration ceremony for its second academic year. The University has a first-year student body comprised of young people from 35 countries as it launches its official bachelor degree in business administration, with English and Spanish versions, a special focus on entrepreneurship and technological innovation, and a humanistic approach.
This year IE University has launched a total of four new degree programs, taking the total student body to 1,200, 150 of which joined the University this year, 100 of which are from outside Spain.
In his opening address Íñiguez de Onzoño underscored the fact that 70% of the students enrolled on the first year were international students. The typical student profile was that of a young person with a great deal of talent, highly motivated, creative, and with a marked entrepreneurial spirit. Moreover, most of the students have lived in several different countries and are fluent in two or three languages, having come to IE University in search of an international environment. The majority of students are from Europe, with others from the US, Latin America, Asia and the Middle East. Countries of origin include 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.
Íñiguez’s inaugural address was based on three main pillars: the importance of fostering the entrepreneurial spirit; the opportunity afforded by the Bologna Accord; and the humanistic values that underlie IE University’s drive to position itself as a leading university in Southern Europe. “Our University will become, over a period of 10 to 15 years, a leading centre of higher education worldwide”.
The rector announced upcoming projects, including the launch of dual degrees in business administration coupled with history of art, psychology, or biology. The University also plans to create a new degree in law and business administration. “All new dual degrees will have a markedly international focus, will run for four years, and will bring career development opportunities for our graduates”.
The rector stated the University’s intention to run minor programs to round off the degree offering, designed “to enable students to study different disciplines; the variety of itineraries offered by IE University will be what makes our program portfolio unique”.
With regard to postgraduate programs, Iñiguez intends to develop an extensive range of master programs. IE University aims to build a program portfolio that comprises 80% master programs. “In five years’ time we aim to have a new range of masters comprising some 20 new master programs offered by the different schools at IE University”.
In addition to fostering continuous executive education and expanding the faculty, the rector insisted that the University is committed to investing in new campus facilities following an investment of 3 million Euros over the last academic year. Iñiguez explained how the IE campus now had optimum technologies and equipment for learning and for the study of communication and architecture. “The objective is for students to be able to study half of their subjects through high-quality online programs from different world regions as they undertake internships, participate in social projects, or learn a third or fourth language”.
The rector announced the establishment of international alliances with prestigious US institutions Brown University and Dartmouth College, and other leading universities in Europe, Asia, and Latin America. The alliances will serve as a platform for student exchange programs, specialized programs at the Segovia campus for US students, and joint research projects.
Enric Ruiz Geli
One of Spain’s most internationally renowned architects, Catalonia’s Enric Ruiz Geli, gave the keynote address. He described his concept of architecture in the form of projects undertaken by his studio, Cloud 9, including the expansion of the New York Aquarium on Coney Island. His projects have received numerous national and international awards over the last ten years.
The ceremony served to welcome this year’s new students and to celebrate the graduation of the 233 students who completed their studies in 2008, and who received their degree certificates from the University’s General Secretary, Roberto Ruiz. The graduates were represented by Gustavo García de la Fuente, who had just completed his degree in audiovisual communication. IE University’s first three doctoral graduates also received their doctoral degree during the ceremony.
14/03/2011 - General
IE Business School is the No. 1 business school worldwide in the Wall Street Journal ranking of one-year programs. This result further consolidates IE Business School’s position as an international leader in the field of management education.
The ranking is based on the opinions held by some 1,300 MBAs students from 48 business schools on the quality of their programs, and the leadership and management skills they have acquired. It also took into consideration the experience of 735 alumni who had graduated 2 years earlier, and who provided opinions on the impact of the MBA program on their careers, the quality of their MBA and the opportunities it affords to develop leadership and management skills.
This year the IE Business School International MBA program has students from 68 countries, making it one of the most diverse MBA programs in the world. In order to leverage the international experience and take learning beyond management, the program includes modules designed to foster critical thought coupled with a capacity for teamwork and networking. Students are immersed in activities that include workshops on communication led by actors from Shakespeare's Globe Theatre, or sessions led by professors from the Architectural Association School of Architecture in London, associated with architects like Norman Foster, David Chipperfield or Zaha Hadid. Furthermore, sessions on humanities provide insights into the Arab world, Indian and Chinese civilizations, and contemporary culture.