Executive MBA
Push your boundaries and your leadership to the next level
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EXECUTIVE MBA APPLICATION PROCESS
The IE Admissions Department has a rigorous selection process. We seek motivated, creative and high-potential candidates who stand out for their academic and/or professional achievements, as well as interpersonal skills. The Executive MBA In Person is an investment into your future—for more information about the cost of the program, click here.
We take a holistic approach when evaluating each candidate in order to bring the most talented people into our international classrooms.
The admission process is divided into five steps. Below you will find detailed information on each step, from sending of the online application form to the final decision of our Admissions Committee. In addition, we provide a series of exploratory videos to answer any questions that may arise about the process.
TUITION
€80,000*
* 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 Executive MBA affordable.
For further information, please contact the Admissions Department.
Our payment plans offer the following benefits:
THE ABILITY TO PAY YOUR TUITION FEES IN UP TO 12 CONSECUTIVE INSTALLMENTS
THEY CAN BE USED IN CONJUNCTION WITH YOUR FINANCIAL AID AWARD SHOULD YOU RECEIVE A SCHOLARSHIP
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?
If you’d like a personal pre-assessment to see if your profile matches the requirements, book a call with our team. We’re here to help you through the application process and determine your eligibility.
ADMISSIONS PROCESS
Step 1: START YOUR ONLINE APPLICATION FORM
Candidates should 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 example here.
- 2 letters of recommendation
- 1 personal statement
- Work verification letter
- Organizational chart
- The candidate's English level will be evaluated throughout the admissions process. Should the Admissions Committee determine that the candidate does not have the required level of English they may request that the candidate submits a language certificate: 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.
- 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.
STEP 2: ADMISSIONS TEST
Candidates are required to take either the ieGAT (IE Global Admission Test), GMAT, GRE or Executive Assessment (EA) tests.
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.
STEP 4: PERSONAL INTERVIEW
You will have a personal interview (face-to-face or via online) with a manager of the Admissions Team.
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.
NEED TO TAKE THE IEGAT?
Learn all you need to know about the IE Global Admissions Test.
WE’LL HELP YOU FIND WAYS TO FUND YOUR EDUCATION
The Financial Aid office looks for solutions to help cover program costs. The IE Foundation provides resources thanks to contributions from alumni, corporations and anonymous donors.
COMPETITIVE INTEREST RATES FOR STUDENTS
IE University works alongside some of Spain’s largest financial institutions to provide students with affordable ways to finance their programs. In addition to competitive interest rates, these loan programs offer grace periods and up to 10-year repayment plans.
FINANCIAL AID AWARDED TO STUDENTS
IE Foundation and IE University fund a variety of scholarships to make a top-tier education more accessible to our diverse and talented candidates. Scholarships can cover from 10% to 40% of tuition fees and are granted based on criteria of merit and economic need. IE Univeristy is also proud to have special funding aimed at supporting women. The scholarships granted most to recent Executive MBA students are the IE Scholarship for Entrepreneurship, the IE Scholarship for Technology and Innovation and the IE Women Scholarship. The IE Financial Aid Office offers personalized support to candidates who are interested in applying.
FINANCIAL AID
We offer customized, merit-based aid and loan programs to ensure 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.
CORPORATE SPONSORSHIP
Investing in your employees is an investment in your own organization’s future
In a globalized, unpredictable and currently volatile economic environment, investment in your employees can have a powerful impact on your business outcomes. An Executive MBA at IE Business School would benefit not just your people, but your company. Put simply, it’s better for the bottom line to retain and develop your team than it is to hire from outside. Talent retention creates a stronger staff and gives your people greater incentive to stay, helping long-term succession planning for your company’s leadership strategy and keeping you competitive.
Any of your professionals will be able to apply what they learn in our MBAs immediately in their role, adding value to your organization even before they graduate. What’s more, they’ll have a global view of industry best practices around the world, bringing broader insight and transnational competencies to your company.
Our programs are designed to fit seamlessly alongside working professionals’ job commitments, so there’s minimal disruption, and some countries will even provide tax relief benefits for corporate training initiatives to maximize your ROI. And at IE Business School, you’ll gain access to a huge pool of students and alumni from which to select new talent for your company.
Professional growth means greater contribution to corporate success
An Executive MBA at IE IE Business School is the fast track to professional development for your people. Studying alongside their daily responsibilities, with minimal impact on their role, will enable them to contribute better to your company’s success as they pursue their own growth. Here’s why it’s so beneficial to them. It will show your employees how much you value them, giving them a sense of belonging in a company where they can be as successful personally as the organization itself. With the right training, grounded in practicality and right up to date, they’ll work with greater productivity, reaching their—and your—goals quicker and working to a higher standard.
They’ll have broadened their minds and opened their eyes to new perspectives through immersion in one of the most diverse student communities in the world. Your employees will become agents of change, ready to share their knowledge and drive innovation in uncertain times. And they’ll bring that impetus into the search for new business opportunities with an entrepreneurial spirit. Their new global outlook will help them take their teams with them, as they apply their fresh ideas and leverage their new experiences in a corporate setting.
Flexible remuneration for residents of Spain
If you’re resident in Spain and interested in pursuing an Executive MBA, you have a unique opportunity to benefit from tax reduction.
Should you need more information about this payment option, please schedule a personal consultation with our Program Specialist.
Flexible remuneration
Flexible remuneration is a payment method in which your employer may fund the program tuition in full and subsequently deduct up to 30% from your annual salary until the initial fees are fully repaid. As a further incentive, these deductions are not subject to the Spanish Personal Income Tax (IRPF), providing a significant tax reduction for participants.
Individual Training Permit (PIF)
Additionally, your company can take advantage of the Individual Training Permit (PIF) incentive, which covers the cost of your salary for the duration of the training program that coincides with their workday. This incentive allows you to attend the program during working hours, making it easier for you to balance work and studies.
ADMISSION TIPS
FREQUENTLY ASKED QUESTIONS
How do I start the admissions process?
The first step in the process is to complete and submit the application form. You will need to register on our platform with your personal email address so that you can access the form as many times as needed.
Do I have to take an entrance exam?
Part of the admissions process is submitting evidence of having passed a relevant entrance examination. We accept, GMAT, GRE, and Executive Assessment. Alternatively, you may opt to take our internal IE Global Admissions test.
Can I submit my application with missing documentation?
Yes, once we receive your application, we will review the documentation you have submitted and inform you about any remaining items needed to process your application.
Is there a deadline to apply?
No, there is no application deadline because we employ a rolling admissions process, which means that you can apply at any time of the year. However, due to the large number of applications we receive, we encourage you to submit your application as soon as possible.
How long until I receive a decision on my admission application?
You will receive a final response to your application approximately one or two weeks after you have completed the entire application process, including full provision of documents, exams, and interview(s).
Are there scholarships available?
Yes. We offer customized, merit-based financial aid and loan programs to make sure financial issues don't impede the success of outstanding students.