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2004 PART-TIME MBA PROFILE
Instituto de Empresa
Instituto de Empresa — MBA Professionals
Address: María de Molina 11-13-15
Madrid 28006
ES
E-Mail: admissions@ie.edu
Web links: www.ie.edu
 
Other programs:Primary program
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B-SCHOOL & PROGRAM BASICS

Classes begin Oct. 20, 2004

Year program was founded 1980
Institution is Non-U.S., Private
Business school accreditation:
AACSB
AMBA
EQUIS

Enrollment
Total graduate business students 1,219
Part-time MBA students 101
Distance MBA students 31
Full-time MBA students 356
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 part-time class size in past academic year 0%
Average number of months to complete part-time program 12
Maximum number of months permitted to complete part-time program 12
Part-time program completion rate 97%
School offers a separate full-time MBA program? Yes
Possible for students to change status from part-time to full-time? No
     At what point?  n/a

STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 30%
International students 1 14%
Married students n/a

For U.S. schools only:
African American students n/a
Alaskan Native of Pacific Islander American students n/a
Asian American students n/a
Mexican American students n/a
Puerto Rican students n/a
Other Hispanic American students n/a
White (non-Hispanic) students n/a
Multiethnic/Multiracial students n/a
Not reported n/a
Other n/a

CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores - Historical Chart
2004200320022001
Averagen/an/an/a643
Mediann/an/an/a645
Range (middle 80%)n/an/an/a620 - 660

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 * n/a
* Paper-based equivalent

Work Experience (months)
Average 46
Range (middle 80%) 40 - 53
New entrants with one year or less work experience 0%

Student Age (years)
Average 27
Range (middle 80%) 25 - 30

Salary
Average base salary of entering students $45,000
Range (middle 80%) $43,000 - $46,000


Entering students employed in the following function areas:
Consulting 15
Finance/Accounting 23
General Management 13
Human resources 12
Marketing/Sales 10
Management Information Systems 11
Operations/Logistics 9
Other 7


Entering students employed in the following industries:
Government 4
Manufacturing 7
Non-Profit 1
Services 80
Other 11


TOP CORPORATE CUSTOMERS

Organizations that send the most participants to the part-time MBA program:

OrganizationNo.
1. Telefónican/a
2. Morgan Stanleyn/a
3. Baneston/a
4. Indran/a
5. Ministry of Defensen/a
6. Pfizern/a
7. SCHn/a
8. Lillyn/a
9. Thyssen Groupn/a
10. Nexon/a
11. Novartisn/a
12. Firestonen/a
13. Ernst & Youngn/a
14. BBVAn/a
15. PriceWaterhousen/a


ADMISSIONS

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

457 people applied to the part-time MBA program in 2004. The school accepted 26% (selectivity) of those applicants, and 85% of admitted applicants (yield) enrolled in the program.

Selectivity/Yield - Historical Chart
2004200320022001
Selectivity26%24%24%25%
Yield85%84%81%78%

The B-school placed 10 applicant(s) on its wait list. 5 wait-listed applicants were admitted to the semester for which they applied.

Interviews for MBA applicants are:
Required

In 2004, the B-school interviewed 55% of its part-time MBA applicants, and 100% of its admitted applicants.

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

COSTS AND DEADLINES

COSTS:
Estimated TOTAL (not annual) cost of part-time MBA program (U.S. dollars)
2004200320022001
Resident$34,680$30,680$22,250$17,700
Nonresident$34,680$30,680$22,250$17,700

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

FINANCIAL AID:
Part-time MBAs whose education is partially covered by employer 17%
Part-time MBAs whose education is 100% covered by employer 7%

Part-time MBAs apply for financial aid through a
n/a

Scholarships are based on
a combination of need and merit
5% of part-time MBAs applied for financial aid for the 2004-2005 academic year. n/a of part-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, n/a received institutional scholarships, n/a received assistantships, and n/a received loans.

Average financial aid package for the 2004-2005 academic year (includes scholarships, assistantships, and loans) $10,000

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

Applicants apply for scholarship consideration n/a


Average scholarship awarded n/a
Guaranteed loans offered to part-time MBAs? 2 Yes
Maximum amount students can borrow $25,000
Average outstanding loans for 2004 graduates $0

Web link: Financial aid Web site



(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 Julián Trigo
 
Financial aid director Fernando Fontes
 
Career services director Francisco Cerdá
 
Alumni relations director Victoria Gimeno

 
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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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