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EXECUTIVE MBA Profiles Publish Date 11/05/09

IE Business School

Getting In

PROGRAM BASICS

International Executive MBA

IE Business School

María de Molina, 11, 13, 15
Madrid , Spain  

  Status:

Private Institution

Length of program (months):

13

Classes meet:


Days

Evenings

Alternate weekends

Via the Internet (unscheduled)

Other

Madrid (twice) and Shanghai (once)-two weeks each time

Tuition and fees for entire EMBA program:


Resident: $  77,000
Non Resident: $  77,000

Graduate business school is accredited by:


AACSB International

Association of MBAs (AMBA)

European Foundation for Mgt. Development (EFMD)

EQUIS

Other

UNICOM

SCHOOL BASICS

Graduate business school enrollment:


Total: 1,901
Full-Time MBA: 492
Part-time MBA: 103
Executive MBA: 121
PhD Program: 19

Graduate degree programs:


Master of Accounting

Master of Electronic Commerce/Information Systems

Master of Finance

Master of Human Resources

Master of international Management/Business

Master of Marketing

Master of Technology

Other graduate degree programs:

Master in Biotechnology Management Master in Sport Management Master in Global Supply Chains Master in Turism Master of Laws in Internantional Legal Practice Executive LLM

ADMISSIONS

  Rolling admissions?

Yes

  GMAT Required?

No

If applicants are not required to take the GMAT, how are EMBA applicants' quantitative abilities checked before enrollment?

N/A

Middle 80% range of GMAT scores:

N/A

  Is the TOEFL required for non-English speakers?

No

Application fee:

$  176

Number of applications to the newest class:

296

Applicants accepted:

55  %

Admitted applicants enrolled:

74  %

Reapplicants from prior years:

0  %

Applicants wait-listed during the last admissions cycle:

8

Wait-listed applicants admitted for the semester to which they applied:

2

  Applicant interviews are:

Required

Applicants (admitted and denied) who were interviewed:

71  %

Admitted applicants who were interviewed:

100  %

CLASS PROFILE

EMBA students in newest entering class who are:


        Female:  22  %
        International:  90  %

Entering students are from the following regions:


Africa : 3  %
Asia: 5  %
Eastern Europe and Central Asia: 13  %
Latin America and the Caribbean: 9  %
Middle East: 5  %
North America: 6  %
Oceania : 3  %
Western Europe: 51  %
Dual citizenship: 5  %

Entering North American citizens are from the following regions:


West: 28  %
Northeast: 15  %
Canada: 57  %

U.S. students in newest entering class who are:

N/A

Average months of work experience:

174

Middle 80% range work experience, months:


From: 108
To: 228

Average age:

37

Middle 80% age range:


From: 32
To: 42

Work background:


Have advanced degrees: 100  %
Work in the nonprofit sector: 4  %
Work at an organization with 100 or fewer employees: 10  %
Have title of president, CEO, or chairman: 4  %

EMBA students living within 45 miles of campus:

5  %

Average base salary for new EMBA entrant:

$  135,000

Middle 80% base salary range:


Low: $  99,000
High: $  177,000

Students work in these functional categories:


Consulting: 12  %
Finance/Accounting: 13  %
General Management : 16  %
Human Resources: 3  %
Marketing/Sales: 22  %
Management Information Systems : 7  %
Operations/Logistics: 16  %
Other: 9  %

Students work in these industries:


Consulting: 13  %
Consumer Products: 6  %
Financial Services: 15  %
Government: 7  %
Manufacturing: 6  %
Media/Entertainment: 6  %
Non-Profit: 1  %
Petroleum/Energy: 4  %
Pharmaceutical/Biotechnology/Health Care: 3  %
Real Estate: 0  %
Technology: 24  %
Other: 13  %

Top organizations sending students:

Commercial Bank of Dubai
Siemens
Russian Railways JSC
Nestle
Nokia

FINANCIAL AID

EMBAs receiving financial aid through school:

35  %

Full-tuition scholarships awarded in past 12 months:

6

  Does the school offer a guaranteed loan to EMBAs, regardless of nationality?

No

Academics & Lifestyle

FACULTY

Faculty employed by the B-school:

91

Full-time faculty:


Tenured: 91

Adjunct/Visiting Faculty:


Tenured: 410

Women on Faculty:


Tenured: 30

Minority Faculty:

N/A

International Faculty:


Tenured: 46

Faculty with PhDs:


Tenured: 81

Faculty who are also members of company boards of directors or advisors:

18  %

Faculty who have owned their own business:

8  %

STUDENT LIFE

  Does the program include a mandatory international trip or project?

Yes

Description:

Madrid, Spain and Shanghai, China

  Does the school offer pre-program orientation for all EMBA participants?

Yes

  Does the school offer temporary housing/accommodations for EMBA participants?

Yes

Description:

Hotels

  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  %

Faculty with at least five years of full-time corporate experience:

75  %

Average class size, core EMBA class:

24

Average class size, EMBA electives:

0

Elective courses:

0

Estimated hours per week in class and outside classwork:


Hours per week outside of class spent on classwork: 20

Last revision of core EMBA curriculum:

2007

  Distance-learning EMBA via the Internet, videoconferencing, or some other medium?

Yes

Description:

This is a distace learning program

Group work done via the Internet:

80  %

Graduation Requirements:


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

Domestic partnerships or in-house EMBA programs:

N/A

TECHNOLOGY

Technology improvements in the last three academic years:

- Creation of resources to enable the collaboration and participation of all members of the business school through our own social network - Improvement of management systems and internet services that cover the student’s life-cycle - Marked increase in the quantity and quality of audiovisual content production. - Replacement of physical services with virtual services to leverage resources and achieve lower electricity consumption. - Increased availability of service 24/7/365

Amount spent:

$  8,600,000

Alumni Affairs & Careers

B-SCHOOL ALUMNI

Living MBA alumni:

39,000

Active MBA alumni clubs:

90

Countries in which MBA clubs exist:

50

Living MBA alumni who gave in past year:

11  %

Mean gift from MBA alumni:

$  1,970

Median gift from MBA alumni:

$  1,750

  Did school receive an individual gift in excess of $10 million in the past academic year?

No

Business school endowment

$  10,220,000

  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/

  Do current MBA students have access to an alumni database?

Yes

CAREER SERVICES

  Does the school offer EMBA students access to the career services office?

Yes

  Does the school allow its EMBA students to interview on campus with corporate recruiters targeting executives for full-time jobs?

Yes

SCHOOL COMMENTS

Additional school comments:

The International Executive MBA is the most senior online program at IE Business School in terms of student body. It is also the oldest online MBA at IE Business School. The same program exists in Spanish, called Executive MBA Online. The Global MBA (in English and Spanish) is a graduate MBA for more junior students. Other online programs are: Executive Master in Tourism and Leisure (in Spanish), Master of Sports Management, Master of Biotechnology Management, Master in Digital Advertising and Communication, Executive Master in Global Supply Chains and Executive LLM.

Graduate Comments

The list of courses, on-line approach of education were optimal for me. The quality of the staff was also rather high.

The school is great. It provides an excellent service and assistance that is one of the most important element when attending an executive mba and there is no time to waste.

Strengths are different backgrounds and different nationalities combined with great expertise in education and business life.

The school should improve the level of English language for certain Spanish professors to ease communication especially at distance learning!

The main weakness for some is the experience of some handling the on-line format of the program.

IE professors have tremendous academic records from world-best institutions and extensive teaching experience. Most if not all of them also have a broad "applied" corporate experience so we were learning not just theories but also a lot of practical examples from our teachers.

The weakness is perhaps the lack of class time spent on discussion with the professor however this is more about the limitation of EMBA format.

Program assumes tons or reading and sometimes there is no time to read it all carefully enough. Therefore I'd suggest to add more pre-recorded audio/video lectures. Even technical notes and practical cases could be also made and distributed in audio-books formats. This would save lots of valuable time.

Top-tier school, excellent professors, very challenging, perfect timing and pace to combine with work and family life.

Excellent academic and business backgrounds, high-quality methodologies, could strengthen the research department.

Class was to big (too many people). Smaller class would have enabled to learn from the other students' experience even more.

The IE Business School delivered exactly what it promised: excellent professors, good working atmosphere, facilitating open discussions. The online format is also very convenient, as well as the combination of presentational periods in Madrid and Shanghai.

The online discussions could have been also during one of the Weekend days (it is very tough for working professional to participate in discussion Monday to Friday).

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