Program Basics

• • The ESADE MBA
  • ESADE Business School
  • Av Esplugues, 92-96
  • Barcelona, E-08034
  • Spain
  • Program Web site: http://www.esade.edu/mba/
  • Status: Private
  • Program e-mail address: mba@esade.edu
  • Graduate business school is accredited by:
    • Association to Advance Collegiate Schools of Business (AACSB)
    • Other
    • Association of MBAs (AMBA)
    • EQUIS
    • European Foundation for Mgt. Development (EFMD)

SCHOOL BASICS

• Graduate business school enrollment:

  • Total: 1,383
  • Full-Time MBA: 358
  • Part-Time MBA: 184
  • Executive MBA: 171
  • PhD Program: 44
• • Other graduate degree programs:
    • Master of Finance
    • Other
    • Master of Human Resources
    • Master of Marketing
    • Master of International Management/Business
  • Master in Entrepreneurship & Innovation; Master in Digital Business; Executive Master in Marketing & Sales; Master of Operations & Logistics; Executive Masters in Public Administration (EMPA)

PROGRAM COSTS

• Total direct costs (tuition and required fees) of the entire MBA program:

  • Resident: $81,510.00
  • Nonresident: $81,510.00
  • Recommended annual budget (Resident): $28,000.00
  • Recommended annual budget (Nonresident): $28,000.00

PROGRAM LENGTH

• • Full-time program (months): 18

ADMISSIONS

• Application Deadlines

  • Deadline: Oct 21, 2011
  • Deadline: Dec 2, 2011
  • Deadline: Feb 24, 2012
  • Deadline: Apr 13, 2012
• • Does the program have rolling admissions? No
  • Is proficiency in English required for admission? Yes
  • Is a minimum score on an English language proficiency test required? Yes

• Which English language proficiency tests are accepted?

  • • IELTS
    • TOEFL Internet Based Test
    • TOEFL Paper-based Test
• • Minimum paper-based TOEFL score required for MBAs: 600

• Relative Importance of Application Elements:

  • GMAT Score: Very Important
  • Resume/Work Experience: Very Important
  • Application Essays: Important
  • Interviews: Very Important
  • Recommendations: Important
  • Undergraduate Transcripts: Important

APPLICANTS

• • Applications (admitted and denied) to the newest class: 657
  • Applicants who were accepted to the most recent class: 49 %
  • Admitted applicants who enrolled in the newest class: 54 %
  • Applicants who were re-applicants from prior years: 2 %
  • Applicant interviews are: Required
  • Applicants (admitted and denied) who were interviewed: 68 %
  • Admitted applicants who were interviewed: 100 %

APPLICANT POOL

• • International applications received: 93 %
  • Applications from women received: 32 %
  • Mean base salary forgone: $55,543.00
  • Median base salary forgone: $48,965.00

CLASS PROFILE

• Full-time students in newest entering class (2010-2011) that are:

  • Female: 33 %
  • International: 87 %
  • Married: 9 %

• Students from following regions:

  • Africa: 2 %
  • Asia: 27 %
  • Europe: 38 %
  • North America: 14 %
  • Latin America and the Caribbean: 19 %
  • Oceania: 0 %
  • Dual citizenship: 16 %
• • Mean months of work experience of newest entering class: 72
  • Median months of work experience of newest entering class: 68

• Middle 80% range of work experience of newest entering class in months:

  • From: 36
  • To: 117
• • Median age of entering class: 29
  • Mean age of entering class: 29

FINANCIAL AID

• • Full-time MBAs apply for financial aid through: Dedicated financial aid office at the B-school
  • Full-time MBAs who applied for financial aid for the current academic year: 90 %
  • Full-time MBAs receiving financial aid in the current academic year: 80 %
  • Mean MBA financial aid package for the current academic year: $51,000.00
  • On what basis are scholarships awarded?
    • a combination of need and merit
    • some other criteria
    • academic merit
  • How does an applicant apply for scholarship consideration? Unique scholarship application
  • Mean scholarship awarded to full-time MBAs in the previous academic year: $9,000.00
  • Percentage of first-year students receiving financial aid who receive at least the same amount in their second year of study: 95 %
  • Does the school offer a guaranteed loan to all MBAs regardeless of nationality? Yes

GMAT

• • Are applicants required to take the GMAT? Yes
  • Are applicants allowed to submit the GRE? No

• GMAT score distribution (incoming class):

  • 0 (option: 0) 670

CLASS OFFERINGS

• • Average number of students in a full-time MBA core class: 60
  • Average number of students in a full-time MBA elective class: 30
  • Elective courses available to full-time MBA students: 45

• Electives that have been added to the full-time program since June 30, 2010:

  • Leading the Management Consulting Firm
  • Quantitative Models in Operations
  • Negotiation and Strategic HR
  • Doing Business Globally
• • Does the school offer an accelerated full-time MBA program? No

• The school believes that its leading areas of study for full-time MBA students are:

  • • Corporate Social Responsibility
    • Finance
    • General Management
    • Entrepreneurship
    • Marketing
    • Leadership

FACULTY

• • Faculty employed by the B-school: 128

• Full-time faculty:

  • Tenured: 62
  • Non-Tenured: 12

• Adjunct/Visiting Faculty:

  • Tenured: 22
  • Non-Tenured: 32

• Women on Faculty:

  • Tenured: 17
  • Non-Tenured: 8

• International Faculty:

  • Tenured: 26
  • Non-Tenured: 4

• Faculty with PhDs:

  • Tenured: 62

STUDENT LIFE

• Professional clubs available to full-time MBA students:

  • • Biotech/Health care
    • Corporate Social Responsibility/NetImpact
    • Entrepreneurship
    • Consulting
    • Other
    • Finance
    • Marketing
    • Nonprofit
    • VC/ Private Equity
    • Environmental
    • High Tech
    • Information Technology
    • Investment Banking
    • Manufacturing
    • Media & Entertainment

• Networking clubs available to full-time MBA students:

  • • Partners/Family
    • Other
    • Wine

TEACHING/ACADEMICS

• Teaching methods used:

  • Case Study: 30 %
  • Distance Learning: 15 %
  • Experiential Learning: 5 %
  • Lectures: 30 %
  • Simulations: 5 %
  • Team Projects: 15 %

• Requirements for graduation:

  • • Students must write a complete business plan
    • Students must have attended a minimum number of classes

TECHNOLOGY

• • Technology improvements in the last three academic years: New campus with 44 new classrooms technologically fully equipped. Private social network (Nexus ESADE). New teaching support platform (Moodle). New University ID card that can be used to access facilities, add e-signatures and as a debit card. CRM. Teaching activity and research management platform. Upgrade in Intranet services in Career Services. Adjustment to LOPD (Ley Orgánica de Protección de Datos)

B-SCHOOL ALUMNI

• • Living MBA alumni: 7,609
  • Active MBA alumni clubs: 66
  • Countries in which MBA clubs exist: 33
  • Does the main university offer career placement services for alumni? Yes
  • Does the main university have an alumni networking Web site? Yes
  • University alumni networking site: http://www.esadealumni.net/
  • Does the B-School have an alumni networking Web site? Yes
  • Business school alumni networking site: http://www.esadealumni.net/ea/online_services/nexus
  • Does the B-SCHOOL offer career services for alumni? Yes
  • Do current MBA students have access to an alumni database? Yes

CAREER SERVICES

• • Graduates seeking full-time professional MBA employment: 75 %
  • Graduates not seeking employment: 15 %
  • Graduates for whom you have no information regarding employment: 10 %

• Annual job-searching trips that the school coordinates or participates in:

  • Destination: NSH MBA, USA
  • Month: October
  • Amount Paid By School: London Banking Tour
  • Destination: November
  • Month: Consulting Trek
  • Amount Paid By School: November
  • Destination: Media Trek
  • Month: November
  • Amount Paid By School: Technology Trek Ireland
  • Destination: February

• Primary source of job offer:

  • School-facilitated activities: 43 %
  • Graduate-facilitated activities: 39 %
  • No information provided by graduate: 18 %

• Job Offers for 2011 graduates

  • Received first job offer by graduation: 50 %
  • Received first job offer in three months following graduation: 13 %
  • Received first job offer more than 3 months after graduation: 0 %
  • Did not report having received a job offer: 29 %
  • Accepted first job offer by graduation: 59 %
  • Accepted first job offer in three months following graduation: 32 %
  • Did not report having accepted a job offer: 10 %

• Top recruiting organizations most recent academic year:

  • BCG 6
  • Bain & Co 4
  • Adidas 3
  • Amazon 3
  • Phillips 3
  • Werfen 3
  • Booz & Co 2
  • Citi 2
  • Google 2
  • Johnson & Johnson 2
  • L'Oréal 2
  • McKinsey 2
  • Pepsico 2
  • Samsung 2
  • TechData 1

• Base salary, signing bonuses and other compensation for most recent employed graduates:

  • Mean base salary: $94,221.00
  • Median base salary: $92,962.00
  • Mean signing bonus: $19,742.00
  • Median signing bonus: $19,546.00
  • Mean other guaranteed compensation: $28,674.00
  • Median other guaranteed compensation: $18,252.00

• Graduating students who accepted jobs in the following functional areas:

  • Consulting: 35 %
  • Finance/Accounting: 17 %
  • General Management: 9 %
  • Human Resources: 2 %
  • Marketing/Sales: 30 %
  • Management Information Systems: 1 %
  • Operations/Logistics: 1 %
  • Other: 5 %

• Graduating students who accepted jobs in the following industries:

  • Consulting: 33 %
  • Consumer Products: 4 %
  • Financial Services: 12 %
  • Manufacturing: 11 %
  • Media/Entertainment: 1 %
  • Non-Profit: 1 %
  • Technology: 14 %
  • Other: 24 %

• Graduates who accepted full-time jobs in the following regions:

  • Africa: 1 %
  • Asia: 15 %
  • Europe: 62 %
  • North America: 10 %
  • Oceania: 1 %
  • Latin America and the Caribbean: 11 %

• Within the U.S., graduates who accepted full-time jobs in the following regions:

  • Northeast: 55 %
  • Midwest: 9 %
  • West: 36 %

• Top recruiting organizations for internships, most recent academic year:

  • BBVA Momentum 10
  • Amazon 7
  • Vodafone 6
  • Sygenta 5
  • Adidas 3
  • American Express 4
  • Infosys 4
  • Novartis 4
  • British Telecom 3
  • Bain 2
  • FSA 2
  • Oracle 2
  • Samsung 2
  • Gas Natural 2
• • Internships awarded that are paid: 91 %

• Weekly internship compensation:

  • Mean: $958.00
  • Median: $700.00
• • Average internship length in weeks: 11

• • -ESADE was an excellent experience. I gained a lot of knowledge in a short period, at the same time making superior contacts which I am utilizing in my present role as a entrepreneur.
    
    -For me, it was a great experience studying at ESADE Business School. The school offered everything to satisfy my personal priorities I set myself when choosing the MBA program. The program itself was very challenging and enriching, the high diversity of the students (both in terms of internationality and professional/educational background) granted me new and enriching experiences and perspectives. The school offers an incredible environment to truly move something, not only during classes but also outside the regular curriculum.
    
    -I feel that the international exposure and diversity of classmates simply cannot be found in the United States. My network of colleagues is truly international and my experience was priceless. Working in teams requires each student to learn how to work amidst diversity and the emphasis on presentation skills was a benefit to all. All students are able to take weekly language classes that add further value to the MBA as I was able to take MBA courses in Spanish in my last term. I would highly recommend ESADE to anyone.
    
    -I think MBA is a very good platform to understand business and get a new perspective at things. However, I am not sure that ESADE is a good option in terms of cost/benefit ratio.
    
    -I believe my MBA at ESADE was the worst investment I ever made in my life. The school's career services didn't have relations with companies to invite them to campus and the location in Barcelona didn't do much because local companies only wanted fluent Spanish speakers. Basically, we paid for a Spanish school which caters to Spanish students, but targets international candidates to get high ratings and provides them with nothing. Professors can't speak proper English and often confuse you with their language and terminologies. IT system is so bad that you need to spend half an hour and loads of frustration to print one page.
    
    -ESADE offers a good mix of business and personal experience to students. I can say that not only did ESADE help improve my understanding of business, but also helped me grow as a person. I would recommend ESADE to anyone seeking a beneficial personal and professional experience.
    
    -ESADE is a place where I learned the true meaning of team work. The program's strong group work methodology enabled me to learn vital coaching and conflict management techniques that will surely be beneficial upon re-integrating into the workforce. The diversity of classmates added value to classroom learning. I had extremely positive experiences during my summer internship (where I received a post grad offer) and my academic exchange program in Beijing, China. I explored all that ESADE offered and it was a life changing experience!
    
    -American MBA institutions clearly offer relatively better professors, faculty and curriculum. However it is too US-centric and inflexible (two years is a long time for one to be out of work). Due to the current economy and tight immigration laws in the U.S., American schools might seem less and less appealing to international students.
    
    -From an education point of view I think the school is quite good. In the diversity area, I think faculty should be more diverse. It is strange that most teachers are just from Catalonia, not even other areas in Spain, and not many from other countries, I suppose due to excessive nationalistic influence. Anyway the faculty, in general, is very good. There are about four teachers with the potential of changing your mind forever, in a positive sense. Poor career services, but again, this may be due to the economic environment.
    
    -One distinctive aspect of ESADE is its non-competitive approach. Grades are not disclosed and there are no curves in grading. If you pass, you remain in the program. This allows students to interact, to learn and share together, and to become united as a class. This is an attitude you should have in life, share and learn from other, and not aggressively competing to be number one at all cost.