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2004 FULL-TIME MBA PROFILE
Instituto de Empresa
Instituto de Empresa
Address: Maria de Molina 11-13-15
Madrid 28006 Spain
E-Mail: admissions@ie.edu
Web links: B-school Web site
 
Other programs:Primary program
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B-SCHOOL & PROGRAM BASICS

Classes begin n/a

Year program was founded 1973
Institution is Non-U.S., Private
Business school accreditation:
AACSB
AMBA
EQUIS
Length of program 13 months

Enrollment
Total graduate business students 1,219
Full-time MBA students 356
Part-time MBA students 101
Distance MBA students 31
Executive MBA students 311
PhD program students n/a
Doctorate of Business Administration (DBA) students n/a
 
Total undergraduate business students n/a
 
Change in full-time class size in past academic year 22%

STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 38%
International students 1 72%
Married students n/a

Students from the following regions:
Africa 2%
Asia 8%
Eastern Europe, Central Europe and Central Asia 17%
Latin America and the Caribbean 31%
Middle East 2%
North America
 (Canada: n/a / U.S.: n/a  )
12%
Oceania 2%
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
Average670
Mediann/a
Range (middle 80%)640-760

GMAT scores are required as part of the application.


TOEFL Scores
TOEFL scores are required for applicants whose native language is not English.

Average TOEFL score n/a
Minimum TOEFL score required 600

Work Experience (months)
Average 60
Range (middle 80%) 50 - 70
New entrants with one year or less of work experience 1%

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

Salary
Average base salary forgone to enter program $42,300


ADMISSIONS

Application fee (resident) $140
Application fee (nonresident) $140

1,400 people applied to the full-time MBA program in 2004. The school accepted 28% (selectivity) of those applicants, and 91% of admitted applicants (yield) enrolled in the program.


6% of applicants had applied in prior years, and of those reapplicants 2% were accepted.

The B-school placed 12 applicant(s) on its wait list. 5 wait-listed applicants were admitted to the semester for which they applied.

Applicant Profile:
Female applicants 36%
International applicants 1 73%

Interviews for MBA applicants are:
Required

In 2004, the B-school interviewed 37% of its full-time MBA applicants, and 100% of its admitted applicants.

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

COSTS, DEADLINES & FINANCIAL AID

COSTS:
Estimated TOTAL (not annual) cost of full-time MBA program (U.S. dollars)
Resident
$38,940
Nonresident$38,940
Expected monthly rent $1,500
Recommended annual budget (Resident) 1 $10,000
Recommended annual budget (Nonresident) $20,000

2004-2006 DEADLINES:
Application deadline(s)
n/a

Rolling admissions? Yes

Deadline(s) for scheduling an interview
n/a

Financial aid deadline(s)
n/a

FINANCIAL AID:
Full-time MBAs apply for financial aid through a Dedicated financial aid office at the B-school

15% of full-time MBAs applied for financial aid for the 2004-2005 academic year. 12% of full-time MBAs received some form of financial aid for the 2004-2005 academic year.

Of those who received financial aid for the 2004-2005 academic year, 1% received institutional scholarships, 2% received assistantships, and 6% received loans.

Average financial aid package for the 2004-2005 academic year (includes scholarships, assistantships, and loans) $25,000
Scholarships: Based on financial need
academic merit


6 full-tuition scholarships were awarded by the school to full-time MBAs for the 2004-2005 academic year.

How does an applicant apply for scholarship consideration?
As part of the admissions application


Average scholarship awarded $22,100
Guaranteed loan offered? 2 Yes
Maximum amount students can borrow $38,940
Average outstanding loans for 2004 graduates $23,000


(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 Santiago Íñiguez
Hired as of May 2004
 
Program director Camino de Paz
 
Admissions director Julian Trigo
 
Financial aid director Fernando Fontes
 
Career services director Francisco Cerda
 
Alumni relations director Victoria Gimeno

 
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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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