Instituto de Empresa Program Highlights

Instituto de Empresa Business School, otherwise known as IE, trains about 280 full-time MBA students each year at its campus in Madrid. The 13-month program, with its dual degree programs with Tufts and the Massachusetts Institute of Technology, collaborative projects with Wharton students, and electives such as business-Spanish, sports marketing, and eco-intelligent management, draws nearly six applications for every available spot in the class.

Fields of Expertise

The school's extensive course offerings in entrepreneurship as well as its Entrepreneurship Center, which hosts seminars and training programs, have made IE a magnet for applicants aspiring to become their own bosses. About 10% of graduates start their own businesses immediately after completing the program, and about 25% start a business at some point in their lives.

Diversity

Ninety percent of students come from outside Spain—40% from Latin America, 35% from Europe, and 8% from the U.S.—and this year students represent a total of 57 countries.

Interest in Sustainability

In recent years students have expressed a growing interest in "careers with an explicit social or environmental component such as social entrepreneurship, renewable energy, or even biotechnology," says David Bach, associate dean of IE's MBA programs. In 2004, the school founded the Center for Eco-Intelligent Management to promote sustainable and planet-friendly business practices. 

Key Statistics and Information

• Part-time
• Executive
• PhD
• Average age: 29
• Program Fee: $68,493
• Program lasts 13 months

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