Tuition Fees 2020-21
The tuition fees for our undergraduate programs for the 2020-2021 academic year are as follows:
| Undergraduate program | Yearly fee |
| Bachelor in Business Administration (BBA) | €21,000 |
| Bachelor of Laws (LL.B.) | €21,000 |
| Bachelor of Laws (LL.B.) + LL.M. at Northwestern University | €21,000** |
| Dual Degree Bachelor of Laws (LL.B.) + LPC (at the University of Law) | €21,000 |
| Bachelor in Behavior and Social Sciences | €21,000 |
| Bachelor in International Relations | €21,000 |
| Bachelor in Information Systems Management | €21,000 |
| Bachelor in Politics, Law and Economics | €21,000 |
| Bachelor in Design | €21,000 |
| Bachelor in Communication and Digital Media | €21,000 |
| Bachelor in Architectural Studies | €21,000 |
| Bachelor in Data and Business Analytics | €21,000 |
| Bachelor in Economics | €21,000 |
| Bachelor in Computer Science and Artificial Intelligence | €21,000 |
| Dual Degree Bachelor in Business Administration + Bachelor of Laws (LL.B.) | €23,000 |
| Dual Degree Bachelor in Business Administration + Bachelor in International Relations | €23,000 |
| Dual Degree Bachelor of Laws (LL.B.) + Bachelor in International Relations | €23,000 |
| Dual Degree Bachelor in Politics, Law and Economics + Bachelor in Business and Data Analytics | €23,000 |
| Language Proficiency Track* | €2,500 |
*You will only have to pay an additional fee of €2,500 for the Language Proficiency Track during the first year.
** + Northwestern’s Fees (fourth year)
Other relevant fees for the 2019/2020 academic year are as follows:
| Admission fee | €120 |
| Place reservation fee (non refundable) | €2,000 |
| Credit recognition fee for transfer students | €100/credit* |
IE University’s enrollment fee of IE University is calculated based on the number of credits the student takes. The fee for each credit (ECTS-European Credit Transfer and Accumulation Systems) is €345.
A full university degree, such as the Bachelor in Business Administration, is composed of 240 credits (ECTS). Over the four year program, each year breaks down as follows: One year of study= 60 credits, 60 ECTS x €345 = €20,700. This amount does not include the IE Foundation contribution.
For those studying a Dual Degree, the previous calculation does not apply, since IE University compensates for the excess in credits, with the final price being €22,700 per year. This amount does not include the IE Foundation contribution.
The enrollment fees are maintained in all four or five years of study, with the exceptions of corresponding changes in the CPI.
Other prices of interest for the 2019/2020 academic year include:
Contributions to IE Foundation: Students will make this contribution every year while formalizing their enrollment: €300.
Admission fee: €120
*Standard fee. Transfer students are entitled to special reductions.
Visiting Student Program: tuition for exchange students is between €10,350 and €20,700, depending on the number of credits they enroll in. They are exempt, however, from paying the IE Foundation fee.
For any questions you may have about fees, please contact the Admissions Department.
ACCESS TO IE FINANCIAL AID PROGRAM
CLICK HEREPAYMENT METHODS
PAYMENT METHODS FOR ADMISSIONS FEES
Payment can be made in advance:
1. In cash at the Admissions Department, at any time or during any of the events (open days, insight sessions, etc.).
2. By bank transfer (see below for bank details). Please include:
a. The full name of the student.
b. What the payment is for: “Admission Fee”
3. By taking or sending a check made out to “IE Universidad” to the Admissions Department
If you are taking IE University’s own admission test, you can also pay the admission fee in cash or by credit card or check when you take the test.
PAYMENT METHODS FOR THE PLACE RESERVATION FEE
Payment can be made:
1. In cash or by credit card (VISA, MasterCard, American Express) at the Administration Department.
2. By bank transfer (see below for bank details). Please include:
a. The full name of the student and undergraduate program.
b. What the payment is for: “Place Reservation Fee”.
3. By taking or sending a check made out to ”IE Universidad” to the Administration Department.
N.B.: The Place Reservation deposit is non-refundable and will be deducted from the amount of the final payment, in the first academic year.
PAYMENT OPTIONS FOR TUITIONS FEE
We provide students and their families with several options:
1. A single payment for the full academic year, which should be made by October 2nd.
2. Payment for the full academic year in 3 installments.
* 50% by October 2nd.
* 25% by January 2nd.
* 25% by April 2nd.
3. Payment for the full academic year in 8 installments. You are invoiced for 8 payments, which are collected on the second of the month from September to April. This is an option for those with a bank account in the SEPA zone.
PAYMENT METHODS FOR TUITION FEES
1. In cash at the Administration Department.
2. By bank transfer (see below for bank details). Please include:
a) The full name of the student and undergraduate program.
b) What the payment is for: “Full academic year” or “part payment”.
3. By taking or sending a check made out to IE University to the Administration Department.
4. Payment for the full academic year in 8 installments is by Direct Debit and it is only available to accounts within the Single Euro Payments Area (SEPA). The following data must be sent to the Administration Department:
a) Details of the bank account number, including International Banking Account Number (IBAN) and Bank Identification Code (BIC).
b) A scanned copy of the SEPA form, filled out and signed.
IE UNIVERSITY BANK DETAILS
MADRID CAMPUS
BANCO SABADELL
C/JULIÁN CAMARILLO, 42
28037 MADRID. ESPAÑA
IBAN: ES79 0081 5281 4000 0107 1017
BIC/SWIFT: BSABESBBXXX
Important warning regarding bank transfers: The transfer receipt should be sent to the following email address: ieuadministracion@ie.edu
Administration Department address (Madrid):
IE University - Departamento de Administración
María de Molina, 4, 4ª planta.
28006 Madrid (Spain)
SEGOVIA CAMPUS
BANCO SANTANDER
PLAZA DE MANUEL GOMEZ MORENO, 2
28020 MADRID. ESPAÑA
IBAN: ES16 0049 1811 3622 1046 3668
BIC: BSCHESMM
Important warning regarding bank transfers: The transfer receipt should be sent to the following email address: ieuadministracion@ie.edu
Administration Department address (Segovia):
IE University - Departamento de Administración
Cardenal Zúñiga, 12
40003 Segovia (Spain)
INFORMATION ON FEES FOR STUDENTS TRANSFERRING OR CHANGING PROGRAM
Flexible and personalized studies are part and parcel of IE University’s educational model.
In some cases, we offer students the flexibility to change program (and/or format) if they discover that their study program is not what they expected. This may affect the number of subjects and credits the student will have to take, and therefore will affect the cost of tuition fees.
Please bear in mind that the Director of the degree the student wishes to transfer to must confirm the request.
Similarly, IE University welcomes students with the appropriate profile who commenced their undergraduate studies at another university and decide they wish to transfer to IE. Students who transfer must adjust the studies they previously undertook to their IE University study plan. Wed provide assistance by offering special fee prices to take into account the credits they have already taken. Transferring will affect the structure of the student’s study plan, and this will affect the cost of tuition fees.
If you have any queries, do not hesitate to get in touch with our Admissions Department.
FAQ ABOUT INFORMATION ON SPECIFIC FEES OF THE ADMISSION PROCESS
What is the admission fee?
It is the €120 fee which allows our candidates to begin the admission process. Although you can begin the admission process for IE University by filling in our online application, payment of the admission fee gives you the right to take the admission test and to have your profile assessed by the Admissions Committee. Due to its nature, this fee cannot be refunded under any circumstances.
What is the place reservation fee?
The place reservation fee is an advance payment of €2,000 on the tuition fees whereby a candidate who has already been admitted to IE University reserves a place in one of the groups on the undergraduate program for which they have been accepted. Although the student will have to complete the administrative side of the enrollment process at the university’s General Secretariat at a later date, once they have reserved their place they are already enrolled in practical terms and are considered students of the university. Once the group is full and has been closed, candidates who have been accepted and have reserved their place are included in the official list of students enrolled on that undergraduate program.
What does the student have to pay after the place reservation fee?
The place reservation fee is deducted from the cost of the tuition fees. From a financial perspective, it is an advance payment on the cost of the tuition fees, not an additional amount. What then remains to be paid, therefore, are the remaining tuition fees up to the total amount for the undergraduate program the student has enrolled on. If the student has been awarded a scholarship of any kind, this is also deducted.
When do I have to pay the place reservation fee?
The place reservation fee must be paid on receipt of the letter from the Admissions Department confirming the student has been accepted onto the program.
In accordance with IE University’s higher education model, we have small class groups in order to give students individual attention. This means that places are limited, so it is important you reserve your place before we close the classes and groups for your undergraduate program.
When do I have to pay the tuition fees?
The full payment or the part (depending on the method of payment chosen) should always be made by October 2nd of the academic year for which the student has enrolled. Please note the place reservation deposit is deducted from the final tuition payment of your first year.