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2003 FULL-TIME MBA PROFILE
Instituto de Empresa
Instituto de Empresa

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


Address: Maria de Molina 11-13-15
Madrid 28006 Spain
E-Mail: admissions@ie.edu
Web site: http://www.ie.edu


ENROLLMENT

2003/2004 Classes begin: n/a

Year program was founded: 1973

Institution is: Non-U.S., Private

Length of program: 13 months


Total graduate enrollment 1,200
Full-time MBA students 292
Part-time MBA students 120
Distance learning MBA students 30
EMBA students 246
PhD program students n/a
 
Current total undergraduate business school enrollment n/a
 
Change in full-time class size in last 12 months 25%


STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 39%
International students (1) 71%
Married students n/a

Students from the following regions:
Africa 1%
Asia 5%
Eastern Europe, Central Europe and Central Asia 4%
Latin America and the Carribean 23%
Middle East 1%
North America
 (Canada: n/a / U.S.: n/a  )
10%
Oceania 1%
Western Europe 26%

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.


CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores
Average 680
Range (middle 80%) 640 - 760

TOEFL Scores
Average TOEFL score 570
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 $42,000



ADMISSIONS

Application fee (resident): $118

Application fee (nonresident): $118

1,667 people applied to the full-time MBA program in 2003. The school accepted 22% (selectivity) of those applicants, and 68% of admitted applicants (yield) enrolled in the program.

The B-school placed 44 applicant(s) on its wait list, from which 7 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 35%
International applicants (1) 75%
Underrepresented minority (2) applicants n/a
Applicants with one year or less work experience n/a

Interviews for MBA applicants are:
Required

In 2003, the B-school interviewed 39% 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 $38,940
Nonresident $38,940
 
Expected monthly rent $1,000
Recommended annual budget (Resident) (1) $70,000
Recommended annual budget (Nonresident) $70,000

2003-2004 Application deadline(s)
n/a

Rolling admissions? Yes

2003-2004 deadline(s) for scheduling an interview
n/a

2003-2004 Financial aid deadline(s):
n/a

First-year MBAs:
Average financial aid package $25,000
Range (middle 80%) $10,000 - $38,940
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
 

Graduate assistantships offered to qualifying MBAs? Yes

Scholarships are merit or need based?
n/a

7 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: $38,940

Average outstanding loans for 2003 graduates: $25,000

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 Angel Cabrera
Hired as of Jan. 2001
 
Program director Camino de Paz
 
Admissions director Dirk Höpfl
 
Financial aid director Fernando Fontes
 
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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