EXECUTIVE MBA Profiles Publish Date 11/05/09

IESE Business School

Getting In

PROGRAM BASICS

Global Executive MBA

Av. Pearson, 21
Barcelona , Spain

Status:

Private Institution

Length of program (months):

Classes meet:

Occasional week-long sessions

Via the Internet (unscheduled)

Other

2 weeks every 2 months

Tuition and fees for entire EMBA program:

Resident: $ 123,700
Non Resident: $ 123,700

Graduate business school is accredited by:

Association of MBAs (AMBA)

European Foundation for Mgt. Development (EFMD)

EQUIS

SCHOOL BASICS

Graduate business school enrollment:

Total: 1,026
Full-Time MBA: 489
Executive MBA: 487
PhD Program: 50

Other graduate degree programs:

N/A

ADMISSIONS

Rolling admissions?

Yes

GMAT Required?

Yes

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

N/A

Average GMAT:

620

Middle 80% range of GMAT scores:

From: 600
To: 650

Is the TOEFL required for non-English speakers?

Yes

Minimum TOEFL required:

230

Application fee:

$ 185

Number of applications to the newest class:

Applicants accepted:

68 %

Admitted applicants enrolled:

61 %

Reapplicants from prior years:

4 %

Applicants wait-listed during the last admissions cycle:

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

Applicant interviews are:

Required

Applicants (admitted and denied) who were interviewed:

100 %

Admitted applicants who were interviewed:

100 %

CLASS PROFILE

EMBA students in newest entering class who are:

Female: 25 %
International: 68 %

Entering students are from the following regions:

Africa : 4 %
Asia: 4 %
Eastern Europe and Central Asia: 18 %
Latin America and the Caribbean: 4 %
Middle East: 0 %
North America: 11 %
Oceania : 0 %
Western Europe: 59 %
Dual citizenship: 14 %

Entering North American citizens are from the following regions:

West: 33 %
Mid-Atlantic: 33 %
Northeast: 34 %

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

N/A

Average months of work experience:

138

Middle 80% range work experience, months:

From: 96
To: 180

Average age:

Middle 80% age range:

From: 33
To: 37

Work background:

Have advanced degrees: 32 %
Work in the nonprofit sector: 0 %
Work at an organization with 100 or fewer employees: 14 %
Have title of president, CEO, or chairman: 25 %

EMBA students living within 45 miles of campus:

14 %

Average base salary for new EMBA entrant:

$ 166,500

Middle 80% base salary range:

Low: $ 100,000
High: $ 200,000

Students work in these functional categories:

Consulting: 11 %
Finance/Accounting: 11 %
General Management : 25 %
Human Resources: 4 %
Marketing/Sales: 21 %
Management Information Systems : 4 %
Operations/Logistics: 24 %
Other: 0 %

Students work in these industries:

Consulting: 14 %
Consumer Products: 7 %
Financial Services: 4 %
Government: 4 %
Manufacturing: 24 %
Media/Entertainment: 4 %
Non-Profit: 4 %
Petroleum/Energy: 7 %
Pharmaceutical/Biotechnology/Health Care: 4 %
Real Estate: 4 %
Technology: 20 %
Other: 4 %

Top organizations sending students:

EADS
JTI
TransTeleCom Company
Siemens
Banco Santander

FINANCIAL AID

EMBAs receiving financial aid through school:

21 %

Full-tuition scholarships awarded in past 12 months:

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

Yes

Maximum loan amount:

$ 100,000

Academics & Lifestyle

FACULTY

Faculty employed by the B-school:

163

Full-time faculty:

Tenured: 48
Non-Tenured: 57

Adjunct/Visiting Faculty:

Tenured: N/A
Non-Tenured: 58

Women on Faculty:

Tenured: 4
Non-Tenured: 15

Minority Faculty:

Tenured: N/A
Non-Tenured: N/A

International Faculty:

Tenured: 6
Non-Tenured: 62

Faculty with PhDs:

Tenured: 48
Non-Tenured: 78

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

65 %

Faculty who have owned their own business:

53 %

STUDENT LIFE

Does the program include a mandatory international trip or project?

Yes

Description:

Residential Modules in US, China or India

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

Yes

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

Do EMBAs have access to a health club or gym?

Special student/home/work/life initiatives:

The program is designed to allow a balanced work/home/MBA life

How far away from a major airport are most EMBA classes held? (miles)

TEACHING/ACADEMICS

Teaching methods:

Case Study: 27 %
Distance Learning: 24 %
Team Projects: 49 %

Faculty also teaching in full-time program:

100 %

Tenured/tenure-track EMBA faculty:

100 %

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

90 %

Average class size, core EMBA class:

Average class size, EMBA electives:

Elective courses:

Estimated hours per week in class and outside classwork:

Hours per week in class: 30
Hours per week outside of class spent on classwork: 25

Last revision of core EMBA curriculum:

2008

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

Description:

N/A

Group work done via the Internet:

50 %

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

Additional EMBA Programs:
EMBA programs run in another country:

IESE Executive MBA

Domestic partnerships or in-house EMBA programs:

Program Name: EMBA Madrid
Partner: IESE (in-house)
Program Name: EMBA Barcelona
Partner: IESE (in-house)

Recent changes to EMBA program:

Launched in 2008 a new monthly format

TECHNOLOGY

Technology improvements in the last three academic years:

New technology and infrastructure in Barcelona's new Campus. Online system for planning and internal services for Operations dept. IP convergence project combining advanced voice, data, video solutions. Mobility project based on multi-platform. Classrooms including the first Ultra High High Resolution (4K) projector in the world (Auditorium), advanced 3CCD automated videocameras, high quality videoconferencing systems and videostreaming services based on a Multimedia Content Server, multiple digital recording possibilities. Rooms with real high definition videoconference systems. New IBM Blade Center integrating in one unit more than 90 traditional servers.

Amount spent:

$ 11,201,220

Alumni Affairs & Careers

B-SCHOOL ALUMNI

Living MBA alumni:

8,031

Active MBA alumni clubs:

Countries in which MBA clubs exist:

106

Living MBA alumni who gave in past year:

64 %

Mean gift from MBA alumni:

$ 843

Median gift from MBA alumni:

$ 787

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

Business school endowment

$ 23,277,000

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:/www.unav.es/english/alumni

Does the B-School have an alumni networking Web site?

Yes

Business school alumni networking site:

http:/www.iese.edu/en/Alumni/Servicios/Servicios.asp

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?

What is the school's policy concerning recruiters targeting EMBA students for full-time jobs?

If sponsored, we require a written permission from participants company.

SCHOOL COMMENTS

Additional school comments:

For experienced managers and executives that aspire to grow, both professionally and personally. The program is characterized by a personalized open-door approach and is highly international in terms of students, faculty, content and geographic locations. Small class size ensuring quality of service, individual attention and accessibility to faculty. Global reach: Both formats have modules in three continents: Europe, North America and Asia. Our program is also available in a monthly format. In this case it lasts for 22 months and participants attend classes one week per month with a total of 17 weeks out residential learning. Entirely taught in English.

Graduate Comments

The very personal learning experience and attentive and supportive administration team made the IESE experience a very welcomed one. The community works also now after graduation very well where I could, for example, very easily get in touch with the Tokyo alumni network of IESE. Also looking forward to the next Global Alumni reunion, which is this year being held in New York. Great to see the internationality of the school lives.

The best learning experience I ever could have imagined with a transformational impact on my professional and personal development. Also worth highlighting the world class facilities at IESE campuses - especially newly build campus in Barcelona, where we joined as first GEMBA class after opening of campus in 2007.

As an American, I would choose to attend a school in the US. The school is extremely week in job placements for those abroad - a fundamental disconnect for an international program. Also, networking contacts would be more valuable in US - a lesson in hind sight.

The Spanish-based school is working to establish its global presence further in the US. A further emphasize on Asia (classmates, faculty etc) would be great as well.

Before deciding for the Global Executive program at IESE I did quite some preparation: I compared several top business schools at the time (Kellogg's, LBS, Insead, IMD, IESE) and chose IESE for the format, the dedication & quality of teachers & staff, the emphasis on ethics, the network and the general management character. IESE has met and even exceeded my expectations in all these aspects.

My company did not support my joining the program. When after half a year they noticed how useful it was that I applied the new concepts directly in my job, they decided to contribute 25%. I was required to stay for 3 years after graduation. However, I did not. In addition to recognizing the EMBA by rewarding me a 25% higher salary, my new employer is paying me the 25% EMBA cost that I had to pay back to my previous employer.

The focus on a quality educational experience at IESE is extraordinary. The overall learning experience is difficult to surpass. IESE is a well known school in MBA circles, but within the US in particular, it lacks the public profile of national schools such as Harvard, Stanford or Columbia.

Without exception all professors had great academic backgrounds, many in addition had long business and management experiences. Although the program was tough - and some class mates had to leave - unfortunately - I would not have minded if some profs. would have been even stricter and more demanding in cases of poor or mediocre contribution or work.

I am very satisfied with the program and it was one of the most important and best decisions I have made in my life. If to name something, I was missing explicit classes on sales. Sales is not a task of the travelling sales men, but priority 1 job of the whole company , incl. the CEO. We had three classes on Marketing, one or two of which should have been on Sales.

The school had an excellent mix of international students with diverse professional backgrounds with modules held in different global locations to enhance its global nature. A key differentiator was the emphasis on ethics and work life balance while pursuing your career. Also the entrepreneurial focus was welcoming.

The program is currently one of the most expensive hence prohibitive for those who do not have financial support and this should be considered.

I would definitely chose the IESE GEMBA program again. The program delivered on its promise and my expectations The school is without doubt one of the best, if not the best in Europe, offering a diversity in international / European experience which is available in few (if any) other business school environments.

The IESE Barcelona campus is stunning -- literally the most beautiful place I've worked in my career. It is like going to school at a Four Seasons -- better actually as the place is more tasteful and functional. We had students starting to complain that the food was too good, so it was too easy to gain weight.

One of our Professors, Pedro Nueno, helped found the leading business school in China and, even, in Asia - CEIBS. Studying at CEIBS in Shanghai was a highlight of the program. Anything the program can do to enhance this relationship further could be useful.