Program Basics

• • International Executive MBA
  • IE Business School
  • María de Molina, 11.13 y 15
  • Madrid, 28006
  • Spain
  • Status:
    • Private
  • Length of program (months): 13

• Classes meet:

  • • Alternate weekends
    • Other
    • Via the Internet (unscheduled)

• Tuition and fees for entire EMBA program:

  • Resident: $73,760.00
  • Non Resident: $73,760.00

• Graduate business school is accredited by:

  • • Association to Advance Collegiate Schools of Business (AACSB)
    • Association of MBAs (AMBA)
    • EQUIS
    • European Foundation for Mgt. Development (EFMD)

SCHOOL BASICS

• Graduate business school enrollment:

  • Total: 2,500
  • Full-Time MBA: 633
  • Part-Time MBA: 138
  • Executive MBA: 336
  • PhD Program: 20
• • Undergraduate business school enrollment: 1,100
  • Other graduate degree programs: Master of Accounting, Master of Electronic Commerce/Information Systems, Master of Finance, Other, Master of Human Resources, Master of Technology, Master of Marketing, Master of International Management/Business

ADMISSIONS

• • Rolling admissions? Yes
  • GMAT Required? No
  • Are applicants allowed to submit the GRE? No
  • If applicants are not required to take the GMAT, how are EMBA applicants' quantitative abilities checked before enrollment? We request certified copies of an undergraduate degree and associated transcripts, which give us an idea of the candidate’s academic excellence. The program has a pre-program on Financial Accounting, therefore we do not need to assess quantitative skills for this Executive MBA. The emphasis in admission for our Executive MBA programs is on professional experience, leadership potential and academic excellence”
• • Is the TOEFL required for non-English speakers? No
  • Application fee: $164.00
  • Number of applications to the newest class: 166
  • Applicants accepted: 57 %
  • Admitted applicants enrolled: 89 %
  • Applicants wait-listed during the last admissions cycle: 4
  • Wait-listed applicants admitted for the semester to which they applied: 2
  • Applicant interviews are: Required
  • Applicants (admitted and denied) who were interviewed: 97 %
  • Admitted applicants who were interviewed: 100 %

CLASS PROFILE

• EMBA students in newest entering class who are:

  • Female: 17 %
  • International: 83 %

• Entering students are from the following regions:

  • Africa: 6 %
  • Asia: 12 %
  • Europe: 49 %
  • North America: 10 %
  • Oceania: 4 %
  • Latin America and the Caribbean: 9 %
  • Dual citizenship: 8 %
• • Average months of work experience: 132

• Middle 80% range work experience in months:

  • From: 110
  • To: 160
• • Average age: 37

• Middle 80% age range:

  • From: 33
  • To: 40

• Work background:

  • Have advanced degrees: 100 %
  • Work in the nonprofit sector: 6 %
  • Work at an organization with 100 or fewer employees: 2 %
  • Have title of president, CEO, or chairman: 3 %
• • EMBA students living within 45 miles of campus: 6 %
  • Average base salary for new EMBA entrant: $145,000.00

• Middle 80% base salary range:

  • Low: $103,000.00
  • High: $186,700.00

• Students work in these functional categories:

  • Consulting: 20 %
  • Finance/Accounting 13 %
  • General Management : 22 %
  • Human Resources: 2 %
  • Marketing/Sales: 12 %
  • Management Information Systems : 6 %
  • Operations/Logistics: 23 %
  • Other: 2 %

• Students work in these industries:

  • Consulting: 10 %
  • Consumer Products: 4 %
  • Financial Services: 19 %
  • Government: 5 %
  • Manufacturing: 13 %
  • Media/Entertainment: 3 %
  • Non-Profit: 6 %
  • Petroleum/Energy: 16 %
  • Pharmaceutical/Biotechnology/Health Care: 5 %
  • Real Estate: 3 %
  • Technology: 4 %
  • Other: 12 %

• Top organizations sending students:

  • Telefónica
  • EDP Renovaveis
  • America Express
  • Nokia
  • Microsoft

FINANCIAL AID

• • EMBAs receiving financial aid through school: 22 %
  • EMBA scholarships are awarded based on: Need

FACULTY

• • Faculty employed by the B-school: 590

• Full-time faculty:

  • Tenured: 101

• Adjunct/Visiting Faculty:

  • Tenured: 489

• Women on Faculty:

  • Tenured: 167

• International Faculty:

  • Tenured: 294

• Faculty with PhDs:

  • Tenured: 238

STUDENT LIFE

• • Does the program include a mandatory international trip or project? Yes
  • Description: Spain - China / Spain - China - Bazil - USA
  • Does the school offer pre-program orientation for all EMBA participants? Yes
  • Does the school offer temporary housing/accommodations for EMBA participants? No
  • Do EMBAs have access to a health club or gym? Yes
  • How far away from a major airport are most EMBA classes held? (miles) 8

TEACHING/ACADEMICS

• Teaching methods:

  • Case Study: 60 %
  • Distance Learning: 5 %
  • Experiential Learning: 6 %
  • Lectures: 14 %
  • Simulations: 3 %
  • Team Projects: 10 %
  • Other: 2 %
• • Faculty also teaching in full-time program: 95 %
  • Tenured/tenure-track EMBA faculty: 70 %
  • Average class size, core EMBA class: 30

• Estimated hours per week in class and outside classwork:

  • Hours per week outside of class spent on classwork: 30
• • Last revision of core EMBA curriculum: 2011
  • Distance-learning EMBA via the Internet, videoconferencing, or some other medium? Yes
  • Describe distance learning EMBA: Distance learning program
  • Joint degree programs: MBA/JD (Law), MBA/ME (Engineering), MBA/MSM (Management), MBA/MIM (International Management)
  • Leading areas of study: Entrepreneurship, International Business, Leadership, General Management, Corporate Social Responsibility

• Graduation Requirements:

  • • Students must have attended a minimum number of classes
    • Students must have earned a pre-determined GPA/Letter grade average
    • Class participation accounts for some percentage of students' grades
    • Write a complete business plan
    • Other
  • Final Case
• • Significant recent changes to EMBA program: 2011

• TECHNOLOGY

  • Amount spent: $9,000,000.00

B-SCHOOL ALUMNI

• • Living MBA alumni: 46,000
  • Active MBA alumni clubs: 129
  • Countries in which MBA clubs exist: 54
  • Living MBA alumni who gave in past year: 15
  • Mean gift from MBA alumni: $3,000.00
  • Did school receive an individual gift in exess of $10 million in the past academic year? No
  • Business school endowment $9,766,000.00
  • 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://alumni.ie.edu/usr/
  • Does the B-School have an alumni networking Web site? Yes
  • Business school alumni networking site: http://alumni.ie.edu/usr/
  • Does the B-school offer career services for alumni? Yes
  • Do current MBA students have access to an alumni database? Yes

CAREER SERVICES

• • Do EMBAs have access to career services? Yes
  • Does the school allow its EMBA students to interview on campus with corporate recruiters targeting executives for full-time jobs? Yes

• • -It would be very difficult to improve the experience. The class was truly global covering six continents, using an innovative virtual environment. Each class member was a successful executive and the professors where leading in their research.
    
    -The online platform is still improvable. It is difficult to share as much as we should, which creates frustration. An additional "residential" period might have been useful.
    
    -This EMBA program was online. Surprisingly, its rhythm, the amount of work and the need to work in a cooperative environment have created strong bonds. At the same time, the fact of combining work and EMBA allowed to apply in real time the acquired knowledge.
    
    -Professors could share best practice and make more use of virtual class sessions and video. The IT system, which is truly a crucial component of the online course, could still be improved. A smart phone specific version for example is needed.
    
    -Overall, it was a great learning experience. The 20 to 25 hours a week effort estimation per week was not correct. We ended up doing more than 35 hours a week and the people with family, small children and work are in an unfair situation in comparison to the other ones.
    
    -IE truly has a wonderful program. The negatives are the student support services that are lacking for such a world-class program. The professors and fellow students are of the highest caliber, which makes up for any challenges faced by support services. The program requires 40 hours of work per week, and if you want to understand what it is like to be a CEO, then IE's Executive Program will give you the taste of what it is like.
    
    -Overall I'm very satisfied with the program. I would improve the assistance to find a new job after graduation and provide more guidance.
    
    -I would create a follow up program for those students who would like to go deeper in certain functional areas. I also find weak the Career Management center and its resources to actually help placing Executive Students. The Career Center seems to be orientated to younger students.
    
    -Thirteen months is too short to make the best of all the material. An additional quarter would be required in my views to be most effective.
    
    -I’m very happy to have attended IE Business School, the school admits only the brightest minds but does not promote arrogance or elitism. The environment is full of energy, talent but also friendship.
    
    -The professors need to be educated in remote leadership, provide more feedback to the students during classes regarding student learning/performance.
    
    -There should be more mixing of teams to improve skills of interacting in our global world, I’d like to see improved monitoring of students who are not competent and capable to meet the standards expected from students on this program.
    
    -The program was amazing, I enjoyed learning from my colleagues and the value was not in the theories we learnt that was just the background, most value was gained from application in real life and our experiences as a result of this. How the application changed the way we behaved and experienced the world.