Master in Management

The Capstone Project marks the pinnacle of your Master in Management journey, where theory meets practice in solving a real-world business challenge. Drawing from the toolbox of skills you’ve meticulously developed throughout the program, you’ll skillfully navigate complexities, employing strategic thinking and implementation to deliver tangible solutions. It’s your opportunity to showcase your comprehensive understanding and demonstrate your readiness to tackle the dynamic challenges of the business world.

Well-being in Practice is designed to introduce the concept of well-being and explore its impact on our ability to thrive, stay healthy, feel good, connect with ourselves and others, and contribute to our learning, teams, and communities at IE and beyond.

The workshop focuses on developing the skills necessary to live a better life and invest in becoming our best selves. To do so, we need to be present, curious, and brave—reflecting on our values and gaining insights into what truly matters in our pursuit of personal growth.

This course prepares students to succeed in a world where businesses are increasingly held accountable for their impact. It builds a foundational understanding of what sustainability in business truly means, offers compelling evidence of its importance, and explains why it is a critical skill for modern managers. Students will develop a lens through which to interpret the rest of their Master in Management journey—ensuring they recognize sustainability as a core element of all business practices.

The objective of this workshop is to provide students with an introduction to participant-centered learning and the case method, with a special emphasis on the three main learning stages: individual preparation, small-group discussion and large-group discussion. It will also include an introduction to the dynamics of group discussion. These will be analyzed and practiced using a short organizational behavior case study.

A hands-on, team-based experience where students collaborate on projects that support real social projects. Through this learning-by-doing journey, they develop leadership, empathy, and a sense of purpose by creating real social impact.

This session aims to help students better understand each other, create deeper relationships from the start and leverage the power of diversity. These skills seem easier said than done, but when solidified will lead to enhanced empathy, improved performance and a reduction in conflicts.

This session works in the style of a workshop—which involves active participation from students—with the goal of creating productive, fresh, experiential and stimulating scenarios to put into practice. Students will also develop strategies to inspire greater and continued personal, team and organizational performance.

The ever-increasing pace of change driven by new technologies and globalization has created countless opportunities for potential entrepreneurs. However, this same change has made the task of entrepreneurship more complex and challenging. This course aims to provide students with first-hand experiences which will familiarize them with key entrepreneurial challenges such as uncertainty, ambiguity, value creation, scarce resources, and ongoing change. Students will be encouraged to critically question, interpret and synthesize information through group work and presentations.

The main objective of this course is to help students learn to make sense of various data sources, organize inputs, and use state-of-the-art tools and models to aid decision-making. The course is multidisciplinary in nature and links to a number of other areas including finance, operations management, marketing and accounting. Students will be equipped with specific skills in the areas of data analysis, structuring decisions, building decision models, risk assessment, and decision-making under uncertainty.

This course will teach students how financial statements are created and how accounting decisions affect these statements, emphasizing the use of accounting as a tool for decision-making and problem-solving. It will familiarize students with accounting processes so that they can read and understand annual reports, and will cover the problems associated with accounting subjectivity and flexibility while evaluating the appropriateness of accounting policies and estimates. Please note that in order to adhere to our limited time schedule, the course will only cover the very basic principles of financial statement analysis.

This course is designed to provide students with a unique case-based learning experience which is supplemented by conceptual marketing input. Cases serve to enhance the collective in-class exposure to—and exploration of—a wide variety of useful concepts, frameworks, tools and techniques. Cases also serve to facilitate the discussion of marketing problems in real-world situations. Students will be expected to read and prepare these cases carefully in order to contribute to the general class discussion.

This course is designed for future leaders who want to make big-picture management decisions surrounding information, technology and innovation. There are five key elements to the course:

• Junior management perspective: the course is designed so that students’ learning will still be relevant in five to ten years’ time

• Diverse backgrounds: this course does not require a background in technology, and contributions from students from a variety of geographical, educational and employment backgrounds

• Innovation and digital businesses

• Self-driven IT awareness: students will be expected to use their own personal strategies to keep up to date with the changing technological landscape

• Tools and skills: an introduction to the frameworks, tools and methods to help make informed decisions

This course covers microeconomics and the basic concepts underlying supply and demand and market structure, focusing on various types of government interventions in markets; macroeconomics, including the main economic indicators such as GDP, inflation and unemployment and their relationship in the business cycle; and the main macroeconomic policies including monetary and fiscal policy, trade policy and exchange rate policy. Students will learn these concepts and tools of economic analysis, will have a more formal vision of why and how different economic policies operate, and be able to assess the implications of different economic contexts and policies on the welfare of individuals, companies and the government. Finally, they will be able to think critically about the dilemmas of today’s global economy and the policies used to address controversial issues.

Leadership is one of the most essential and in-demand skills today. This course is designed to address those fundamental aspects of managing and leading people. The emphasis is on those areas of human behavior, at the individual, group and organizational level, that are important determinants of people’s experience in the workplace. The different sessions will provide students with a number of critical concepts and competencies on key issues such as self and career management, motivation, leadership, managing people and change management.

This course examines how firms define their mission and formulate competitive strategies. It equips students with analytical frameworks and decision-making tools to navigate uncertainty and drive sustainable, long-term performance.

This course is intended for both students who plan to work in the finance area or wish to understand important financial concepts and tools which they might encounter in the normal course of their career as consultants or managers. It will cover financial decisions that firms take with the objective of creating value for their shareholders, broadly categorized into investment and financing decisions. Students are expected to follow the financial news and participate in class discussions on current and related topics. After completing this course, students can opt for the finance track of the Master in Management program, or take more courses from the several electives in finance that will be offered in the following semesters.

This course highlights key issues in corporate entrepreneurship. It will examine how existing firms can create an organizational environment conducive to entrepreneurship and will cover a broad range of issues based on how an organizational structure/design can assist opportunity identification and value capture. This course is relevant to students aiming to become an independent entrepreneur, corporate entrepreneur or a corporate manager. By the end of the course, students will be more experienced in understanding the challenges corporate entrepreneurs face and how to overcome them.

Cost allocation is at the heart of most accounting systems. The data provided by a cost accounting system is used for various purposes, which include product costing, planning and control and decision-making. This course mainly focuses on the first of these objectives: product costing. Students will become familiar with the goals of cost accounting systems, the fundamental features and design of these systems, and the various uses of the data provided by cost accounting decisions.

At the end of this course, students will be able to:

• Explain the strategic role of operations management, and how process design can support the strategy

• Propose systems, aligned with the organization strategy, for quality, inventory management, planning and logistics

• Propose supply chain configurations and processes for different types of business, as well as mechanisms to increase collaboration and integration, emphasizing sustainability and environmental respect

• Utilise project management tools

• Describe innovation mechanisms for process and product improvement, including lean/JIT tools

• Prepare and communicate reports on real companies, proposing operational improvements

The Lab is a standout feature of IE Business School, offering an exhilarating and highly effective learning experience. It provides you with the chance to confront and resolve real-life business challenges, putting your acquired knowledge into action to create tangible results. Working in teams, you’ll address pressing issues directly from companies, receiving firsthand briefings from executives and engaging with them throughout the module. The Lab options include:

Combining academic rigor with practical experience, this Lab positions participants as Corporate Transformers. Working in teams, whether as intrapreneurs, career changers, or aspiring consultants, you will tackle real corporate challenges from partner companies, showcasing creativity and talent to drive transformative solutions.

In this Lab, we don’t just talk about entrepreneurship – we live it. You’ll not only refine your business idea but also craft a comprehensive business plan from scratch. It’s about seizing opportunities, taking calculated risks, and pushing the boundaries of innovation. And when you pitch your idea to industry experts, you’re not just seeking validation – you’re gaining real insights and feedback that will propel your entrepreneurial journey forward.

This Lab empowers you to understand and leverage disruptive technologies reshaping traditional business models. Through hands-on challenges from tech industry leaders, you will develop innovative applications, bridging theory with real-world proficiency.

The Social Impact Lab, a collaborative effort between IE and Financieros sin Fronteras, engages students from various Master in Management specialties in providing practical assistance to Ghanaian Microfinance Institutions (MFIs). Through specialized academic sessions, workshops, and on-site visits in Madrid and Ghana, students gain firsthand experience in development cooperation projects. The program aims to offer students hands-on learning opportunities with social impact while contributing to the growth of the microfinance sector as a means to alleviate poverty in Ghana.