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2005 FULL-TIME MBA PROFILE
IE (Instituto de Empresa)
IE (Instituto de Empresa)
Address: Maria de Molina 11-13-15
Madrid 28006 Spain
E-Mail: admissions@ie.edu
Web links: B-school Web site
 Getting In  Academics & Lifestyle Careers & Alumni Affairs

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 1,253
Full-time MBA students 342
Part-time MBA students 101
Distance MBA students 86
Executive MBA students 286
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 n/a

STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 36%
International students 1 85%
Married students n/a

Students from the following regions:
Africa 1%
Asia 3%
Eastern and Central Europe and Central Asia 7%
Latin America and the Caribbean 27%
Middle East 1%
North America
 (Canada: n/a / U.S.: n/a  )
11%
Oceania 1%
Western Europe 49%

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 - Historical Chart
20052004200320022001
Average680670680675645
Median680n/an/an/a647
Range (middle 80%)n/a640 - 760640 - 760650 - 710600 - 650

GMAT scores are not required as part of the application.


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

Average TOEFL score n/a
Minimum TOEFL score required 600

Work Experience (months)
Average 36
Median n/a
Range (middle 80%) n/a - n/a
New entrants with one year or less of work experience 0%

Student Age (years)
Average 30
Median n/a
Range (middle 80%) 28 - 34

Salary
Average base salary forgone to enter program $44,700
Median base salary forgone to enter program n/a


ADMISSIONS

Application fee (resident) $146
Application fee (nonresident) $146

1,094 people applied to the full-time MBA program in 2005. The school accepted 25% (selectivity) of those applicants, and 83% of admitted applicants (yield) enrolled in the program.

Selectivity/Yield - Historical Chart
20052004200320022001
Selectivity25%28%22%17%20%
Yield83%91%68%66%72%

5% of applicants had applied in prior years, and of those reapplicants 25% were accepted.

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

Applicant Profile:
Female applicants 36%
International applicants 1 86%

Interviews for MBA applicants are:
Required

In 2005, the B-school interviewed 34% 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)
Program Cost - Historical Chart
20052004200320022001
Resident$45,980$38,940$38,940$33,130$22,000
Nonresident$45,980$38,940$38,940$33,130$22,000
Expected monthly rent $1,700
Recommended annual budget (Resident) 1 $15,000
Recommended annual budget (Nonresident) $30,000

2005-2007 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

25% of full-time MBAs applied for financial aid for the 2005-2006 academic year. 21% of full-time MBAs received some form of financial aid for the 2005-2006 academic year.

Of those who received financial aid for the 2005-2006 academic year, 4% received institutional scholarships, 7% received assistantships, and 10% received loans.

Average financial-aid package for the 2005-2006 academic year (includes scholarships, assistantships, and loans) $336,380
Median financial-aid package for the 2005-2006 academic year (includes scholarships, assistantships, and loans) n/a
Range of financial-aid packages n/a - n/a
Scholarships: Based on financial need
academic merit


5 full-tuition scholarships were awarded by the school to full-time MBAs for the 2005-2006 academic year.

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


Average scholarship awarded $22,000
Guaranteed loan offered? 2 No
Maximum amount students can borrow n/a
Average outstanding loans for 2005 graduates $10,000
Total money distributed to MBAs in past academic year $336,380

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

 
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IE INSIDER CONTENT
School Tour

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
Search for articles about IE

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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