Faculty | IE Business School

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While academics and business gurus like to identify new management trends, Salvador Carmona has been fascinated to find that some of the best ideas in business originated centuries ago. Using Spain’s extensive archives he has been tracing the history of manufactories like the Royal Tobacco Factory of Seville and what he believes is an early form of just-in-time production.

“Some 250 years ago, this factory nearly represented 30 per cent of total royal income, and that meant the best of all managerial knowledge was in this factory,” he says. “So by looking at ancient systems one can find insights into contemporary practices.”

When it comes to contemporary practices, Prof Carmona is well versed in management and accounting control, management structures and the implementation of ERPs. In his teaching, he is particularly interested in giving students a very holistic view of topics such as performance indicators and what drives changes in management accounting systems. “International MBA or executive MBA students are going to hold general management responsibilities,” he says. “So they need to know about the technical  aspects of accounting, but also about how that will influence their vision and managerial skills.”

In addition to teaching, carrying out his duties as (dean for faculty affairs -  rector, IE University) and writing for professional journals and magazines, Prof Carmona engages in consultancy work for corporations as well as conducting executive training and in-company programmes that are aimed at the top-level management of multinational enterprises. From 2006 to 2011,  Prof Carmona served as Editor of the European Accounting Review, a premier accounting journal.


Academic Background

  • PhD in Economics and Business Administration,  Sobresaliente  Cum Laude, University of Seville,   Spain
  • BSc in Economics and Business Administration, University of Seville, Spain
  • CPCL, Harvard University


Academic Experience

  • Professor of Accounting and Management Control, IE, 2002 to present
  • Rector, IE University, 2011 to present
  • Dean of Faculty, IE Business School, June 2009  to present
  • Vice Rector of Faculty, IE University, 2008 to 2011
  • Associate Dean of Faculty, IE Business School, 2003 to 2009
  • Chair, Accounting and Management Control, IE, 2002 to present
  • Dean, School of Social and Legal Sciences. Universidad Carlos III, 1998 to 2001
  • Associate Dean in Business Administration, School of Social Sciences and Law, Universidad Carlos III, 1991 to 1998
  • Director of the Master in Environmental Management, Universidad Carlos III, 1994 to 199
  • Professor of Accounting and Finance, tenured, Universidad Carlos III, 1993 to  2003
  • Professor of Accounting and Finance, tenured, Universidad de Sevilla, 1992 to 1993
  • Chairman, Department of Accounting. Universidad de Sevilla, 1988 to 1989
  • Associate Professor of Accounting and Finance, tenured, Universidad de Sevilla, 1986 to 1992
  • Assistant Dean, School of Economics and Business Administration. Universidad de Sevilla, 1983 to 1988
  • Assistant Professor of Accounting and Finance, tenure track, Universidad de Sevilla, 1983 to 1986
  • Assistant Professor of Accounting and Finance, Universidad Nacional de Educación a Distancia (Spanish Open University), 1982 to 1983
  • Teaching Assistant, Universidad de Sevilla, 1980 to 1983
  • Visiting or Research Positions at  Arizona State University, University of Gothenburg, University of Alberta, Queen’s University, China-Europe International Business School, Indiana University.

Latest publications

  • Educational Reforms Set Professional Boundaries: The Spanish Audit Function, 1850–1988

    Carmona, S., Carrera, N. Abacus. Vol. 49(1): 99-137, 2013
  • Timing in Accountability and Trust Relationships

    Carmona, S., Donoso, R., Reckers, P. Journal of Business Ethics. Vol. 112(3): 481-495, 2013
  • The Influence of Strategy Map Communications and Individual Differences on Multidimensioinal Performance Evaluations

    Carmona, S., Lowe, D., Reckers, P. Accounting and Business Research, Vol. 41(4): 375-391, 2010