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2002 FULL-TIME MBA PROFILE
Instituto de Empresa
— International MBA

Sections:  Getting In  | Academics & Lifestyle | Careers & Alumni Affairs | Graduate Comments


Address: C/ María de Molina 11
Madrid, Madrid 28006
ES
E-Mail: admissions@ie.edu
Web site: http://www.ie.edu


ENROLLMENT

2002/2003 Classes begin: n/a

Year program was founded: 1973

Institution is: Non-U.S., Private

Length of program: 15 months


Total graduate enrollment 700
Full-time 280
Part-time MBA students (on-campus) 250
Part-time MBA students (distance program) 30
EMBA 140
PhD program n/a
 
Current total undergraduate business school enrollment n/a
 
Increase in full-time students during last 12 months 10%


STUDENT PROFILE

Female students in class 39%
International students (1) 80%
Underrepresented minority (2) students n/a
Married n/a

Percent students from following regions:
Africa n/a
Asia 5%
Central/South America, Mexico 30%
Eastern Europe 4%
Middle East n/a
North America
 (Canada: n/a / U.S.: n/a  )
19%
Oceania n/a
Western Europe 42%

North American students by region:
Canada n/a
Mid-Atlantic U.S. n/a
Midwest U.S. n/a
Northeast U.S. n/a
South U.S. n/a
Southwest U.S. n/a
U.S. Possessions and territories n/a
West U.S. n/a

(1) Students from countries other than the school's home country.

(2) Defined as U.S. citizens who are African American, Hispanic American, and Native American.


CLASS TRAITS

GMAT Scores
Average 675
Range (middle 80%) 650 - 710

TOEFL Scores*
Mean TOEFL score 640
Minimum TOEFL score required 600

Work Experience (months)
Average 62
Range (middle 80%) 50 - 70
Enrolled students with one year or less of work experience 0%

Student Age (years)
Average 29
Range (middle 80%) 27 - 31

Salary
Average annual pay forgone to enter program $43,500

* Paper-based equivalent. See TOEFL concordance table for computer-based score equivalents.


ADMISSIONS

Application fee (resident): $107

Application fee (non resident): $107

1,406 people applied to the full-time MBA program in 2002. The school accepted 17% (selectivity) of those applicants, and 66% of admitted applicants (yield) enrolled in the program.

The B-school placed 36 applicant(s) on its wait list, from which 6 ultimately enrolled in the program. n/a of applicants had applied in prior years, and of those reapplicants n/a were accepted.

Applicant Profile:
Female applicants 36%
International applicants (1) 76%
Underrepresented minority (2) applicants n/a
Applicants with one year or less work experience n/a

Interviews for MBA applicants are:
Required

In 2002, the B-school interviewed 44% of its full-time MBA applicants, and 100% of its admitted applicants.

(1) Applicants from countries other than the school's home country.

(2) Defined as U.S. citizens who are African American, Hispanic American, and Native American.


INVESTMENT AND DEADLINES FOR CLASS OF 2005

Estimated TOTAL (not annual) cost of full-time MBA program (U.S. dollars)
Resident $33,130
Nonresident $33,130
 
Expected monthly rent $500
Recommended annual budget (1) $20,000

Application deadline(s) n/a


Rolling admissions? Yes

Financial aid deadline(s): n/a

First-year MBAs:
Average financial aid package $25,000
Range (middle 80%) $10,000 - $33,000
Average first-year scholarship awards (not including loans) $22,100

Second-year MBAs:
Average financial aid package n/a
Range (middle 80%) n/a - n/a
Average second-year scholarship awards (not including loans) n/a
 
Full-time MBAs receiving financial aid through B-school 42%

Graduate assistantships offered to qualifying MBAs? Yes

Scholarships are merit or need based?
Merit-based
Need-based

10 full-tuition scholarships were awarded by the school to full-time MBAs in the past 12 months

Guaranteed loan? (2) Yes

Maximum amount students can borrow: $33,000

Average outstanding loans for 2002 graduates: $26,000

Financial aid web-site:
n/a

(1) Student budget includes tuition fees and living expenses.

(2) Upon admission, any accepted applicant, regardless of nationality, and without the need of a cosigner, is eligible for a loan.


CONTACTS

Dean Ángel Cabrera
Hired as of Jan. 1, 2001
 
MBA program director Ramón Gurriarán
 
MBA admissions director Miguel Costa
 
MBA financial aid director Fernando Fontes
 
MBA career services director Francisco Cerdá
 
Alumni relations director Victoria Gimeno


 
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IE PROFILES
Full-time '04 | '03 | '02 | '01 | '00
Part-time '04 | '03 | '02 | '01
EMBA '03 | '01
Exec ed '03 | '01
Distance '03

IE INFO
Video Views Santiago Iniguez - 2006
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IE RANKINGS
Full-time MBA rank:
2004:  Also considered    1994:  --    
2002:  Second tier (Non-U.S.)    1992:  --    
2000:  --    1990:  --    
1998:  --    1988:  --    
1996:  --    
BW ranking history



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