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International MBA

Curated learning for the Next Best You
duration
language
location
intake
MODE OF STUDY
FORMAT
11, 15 or 19/23 months
English
Madrid
September & January
Full-time
In-person

INTERNATIONAL MBA: ADMISSION REQUIREMENTS, TUITION FEES & AWARDS

Ready to take the next step in your career? The International MBA welcomes ambitious professionals who are ready to grow, challenge themselves and shape their future. Explore IE MBA admission requirements and GMAT score guidance to understand how to prepare your application.

Planning your investment is part of that journey. Understand the IE International MBA cost, review IE MBA tuition fees and explore IE Business School MBA awards. Discover MBA financial aid for international students, or consider discussing corporate sponsorship for your MBA in Madrid with your employer.

Looking for MBA application deadlines for the next intake? Explore our admissions guide to understand the application process and plan your next steps toward becoming the next best you.

If you are non-EU candidate, we encourage you to confirm your place and begin your visa process as early as possible. Keep in mind that depending on your region, visa-related deadlines may apply. For more information, feel free to contact student.services@ie.edu or visit our dedicated page. 

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WANT TO KNOW MORE?

TUITION

€89,900*

APPLIES ONLY TO THE 11 AND 15 MONTH DURATIONS

more detailed information on our Dual Degree offerings

* Conditions:

  • Tuition is reviewed on a yearly basis and therefore subject to change.
  • Special Conditions for IE Alumni, please contact your admissions advisor for more information.
  • To become an IE University student, all IE Community members should make a one-off contribution to the IE Foundation. This is a single payment of €1,200 to be made during the enrollment process.

PAYMENT PLAN

We understand that you’re making a significant investment and we believe that maximizing the availability of payment plan options is important in making your International MBA affordable. Our payment plans offer the following benefits:

Kindly note that plans with more than three consecutive installments will be charged €400 for the administrative service it involves.

For further information, please contact the Admissions Department.

  • 1

    The ability to pay your tuition fees in up to 7 consecutive installments

  • 2

    They can be used in conjunction with your financial aid award shall you receive an award

  • 3

    Our payment plans are interest-free and there are no pre-approval requirements or credit checks

INTERESTED IN APPLYING FOR THE LAIDLAW WOMEN’S LEADERSHIP SCHOLARSHIP & AWARDS?

Explore the eligibility requirements, learn more about the application process, and see whether this opportunity is right for you.

INTERNATIONAL MBA APPLICATION PROCESS: TUITION, FEES & ADMISSION REQUIREMENTS IN MADRID

STEP 1: START YOUR ONLINE APPLICATION FORM

Candidates must complete the sections that appear in the online application form. Additionally, they must provide the required documents and essential information as follows:

  • Bachelor degree from an accredited university*
  • Official university transcripts (certified translation into English or Spanish)
  • 1 page CV/Resume. See the example here.
  • Personal statement
  • Contact information of two relevant academic or professional references.
  • English language certificate – we accept the TOEFL (minimum score of 100 but 105 recommended), the IELTS (minimum score of 7 but 7.5 recommended), Duolingo English Test (minimum score 130) or a Cambridge Advanced level. A certificate is not required if you are a native speaker, you completed an undergraduate degree in English, you have worked and lived for more than two years in an English speaking country, or if you have extensive professional experience in English. Nevertheless, should the Admissions Committee find it necessary, they may request one of the certificates mentioned above** .
  • Photocopy of current passport
  • Passport size picture


Application fee: 150€ (fee is not refundable)

*Possible additional legalization and/or translation requirements might be applicable.

Please click here for more info.

*The Online Application Form is only the first step. An entrance exam is required to students. More details on “Entrance exam”.

**The validity of all previously mentioned English language certificates for IE University's admissions process is two years from the date you took the exam.

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Admissions step 1

STEP 2: ADMISSIONS TEST

Candidates are required to take either the GMAT, GRE, IE Global Admissions Test (ieGAT) or Executive Assesment (EA)

STEP 3: ONLINE ASSESSMENT

Once you have submitted your online application and paid the application fee, you will receive a link to answer three live questions, two in video format and one in written format. This way, our admissions team will be able to meet you virtually and evaluate your capacity to respond in real time and under pressure.

Admissions step 3

STEP 4: PERSONAL INTERVIEW

You will have a personal interview (face-to-face or via online) with a manager of the Admissions Team.

admission step 4

ADMISSIONS COMMITTEE FINAL DECISION

The Admissions Department will contact you with the final resolution of your Admissions process. Your entire application will be evaluated holistically and will take roughly 1-3 weeks for the Admissions Committee to get back to you with a final decision. Admissions are valid for the intake you apply to and the following one.

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NEED TO TAKE THE IEGAT?

Learn all your need to know about the IE Global Admissions Test.

ADMISSION TIPS

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FINANCIAL AID

We offer customized, merit-based aid and loan programs to make sure financial issues don't impede the success of outstanding students. 

Student services

Our team is here to support you with immigration and relocation processes, such as housing, health care, bank accounts, resources for partners and information about life in Madrid, so that you can focus on studying and enjoying the IE experience.

Scholarships and awards tailored to your program

Explore the scholarships and awards that best match your academic journey. Find out what's available specifically for this program.

    Summer Programs for Master’s Students

    Complement your master’s studies with one of our specialized Summer Programs, designed to deepen your knowledge in specific areas and connect you with IE’s international community.

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    Frequently asked questions

    Review our FAQ responses to better understand everything related to our Admission Processes.

    • The first step is to complete and submit the online application form. Register on our platform using your personal email address and create a password so you can access your application as often as you need.

      Is this information helpful?

    • The admissions process consists of five steps:

      – Online application: Complete the application form, upload the required documents and pay the application fee.

      – Admissions test: Take the ieGAT or submit your GMAT or GRE results.

      – Online assessment: Answer three questions in real time—two recorded video responses and one written response.

      – Personal interview: Meet with a member of the Admissions Team, either in person or online.

      – Final decision: The Admissions Committee reviews your complete application and communicates its decision by email, usually within one to three weeks.

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    • The admissions process typically takes four to six weeks, although the timeline depends on each applicant’s circumstances and how quickly they complete the required steps. The process evaluates your academic and professional background, personal qualities and fit with IE’s educational model.

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    • MBA tuition in Spain varies by institution and program. At IE Business School, tuition for the 11- and 15-month International MBA is €89,900, reviewed annually and subject to change. Applicants also pay a non-refundable €150 application fee, and students make a one-off €1,200 contribution to the IE Foundation during enrollment. Dual Degree tuition varies by combination.

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    • IE Business School MBA scholarships and awards support candidates with different profiles and achievements. Opportunities include the Laidlaw Women’s Leadership Scholarship and other program-specific awards. Eligibility depends on the requirements of each opportunity. You can begin the financial aid application process after starting your International MBA application.

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    • Understanding IE MBA admission requirements and GMAT score expectations can help you prepare your application. Accepted admissions tests include the ieGAT, GMAT, GRE and Executive Assessment. Contact the Admissions Team for guidance on GMAT scores and choosing the test that best reflects your strengths.

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    • We recommend confirming your place and starting the visa process as early as possible. Requirements and processing times vary by country, so check with the Spanish consulate responsible for your application. IE Student Services can support you with visa documentation and guidance, as well as practical relocation matters such as housing, healthcare and banking.

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    • The International MBA operates a rolling admissions process, with no fixed application deadline. You can apply throughout the year, although places are limited. Apply early for your preferred intake and allow additional time if you need a student visa.

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    • You need a bachelor’s degree from an accredited university, at least three years of professional experience and the required English proficiency.

      Accepted English qualifications include IELTS, TOEFL, Duolingo English Test and Cambridge Advanced. Minimum scores include IELTS 7 and Duolingo 130. For TOEFL, the minimum is 100 on the previous scale or 5 for tests taken after January 21, 2026.

      An English certificate may be waived depending on your background, although the Admissions Committee may still request proof of proficiency. You must also provide the supporting documents, complete an accepted admissions test and undertake the online assessment and personal interview.

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    • The IE International MBA cost includes tuition and the additional mandatory fees outlined above. You should also budget for living expenses in Madrid.

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    • If you are considering corporate sponsorship for your MBA in Madrid, speak with your employer about its education funding policies and any conditions attached to awards. Contact the Admissions Team for information on tuition fees and payment arrangements to support that conversation.

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