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FULL-TIME MBA Profiles Publish Date 11/13/08

ESADE

Getting In

PROGRAM BASICS

Full Time MBA

Escuela Superior de Administración y Dirección de Empresas

Av. Pedralbes, 60-62
Barcelona , Spain  

Program Web site:

http://www.esade.edu/bs/mba

Status:

Private Institution

Program e-mail address:

esadebschool.admissions@esade.edu

Graduate business school is accredited by:


AACSB International

Association of MBAs (AMBA)

European Foundation for Mgt. Development (EFMD)

Years in which the following programs were founded:


Full-time MBA: 1976
Part-time MBA : 1964
Undergraduate business program: 1958
Executive MBA: 2001
Executive Education (non-degree): 1960
PhD program: 1995

PROGRAM COSTS

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


Resident : $  70,000
Nonresident : $  70,000
Recommended annual budget (Resident): $  104,000
Recommended annual budget (Nonresident): $  104,000

PROGRAM LENGTH

Full-time program (months):

18

ENROLLMENT

Graduate business school enrollment


Total graduate business school: 1017
Full-time MBA: 302
Part-time MBA: 248
Executive MBA: 177

PhD program: 64
MS: 141

Undergraduate business school enrollment

1,254

Graduate degree programs:


Master of Finance

master of Human resources

Master of international Management/Business

Master of Marketing

Other graduate degree programs:

Executive Master in Marketing & Sales; Master of Operations & Logistics; Executive Master in Public Administration

ADMISSIONS

Application Deadlines

31/10/2008 16/01/2009 10/04/2009 17/07/2009

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 Computer Based

TOEFL Internet Based Test

TOEFL Paper-based Test

Other: N/A

Minimum paper-based TOEFL score required for MBAs:

600

Relative importance: 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:

498

Applicants who were accepted to the most recent class:

45 %

Admitted applicants who enrolled in the newest class:

61 %

Applicants who were re-applicants from prior years:

1 %

Applicant interviews are:

Required

Applicants (admitted and denied) who were interviewed:

85 %

Admitted applicants who were interviewed:

100 %

APPLICANT POOL

International applications received:

86 %

Applications from women received:

28 %

Mean base salary forgone:

$  49,518

Median base salary forgone:

$  49,518

CLASS PROFILE

Full-time students in newest entering class (2008-2009) that are:


Female: 27  %
International: 78  %

Ethnicity/US Students in Program

Students from following regions:


Africa : 2  %
Asia: 16  %
Eastern Europe and Central Asia: 2  %
Latin America and the Caribbean: 16  %
Middle East: 3  %
North America: 21  %
Oceania : 0  %
Western Europe: 40  %

Entering North American citizens by region:

Mean months of work experience of newest entering class:

70

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


From:  30
To:  108

Median age of entering class:

29

Mean age of entering class:

28

FINANCIAL AID

Full-time MBAs apply for financial aid through:

Dedicated financial aid office at the B-school

Full-time MBAs applied for financial aid for the current academic year:

95 %

Full-time MBAs receiving financial aid through school:

85 %

Median MBA financial aid package for the current academic year:

$  80,000

On what basis are scholarships awarded?


academic merit

Full-tuition scholarships school will award during the upcoming academic year:

0

How does an applicant apply for scholarship consideration?

Unique scholarship application

Mean scholarships awarded to full-time MBAs in the previous academic year:

$  12,000

Percentage of second-year students receiving the same or more amount of money in their second year of study:

95 %

Does the school offer a guaranteed loan to all MBAs regardeless of nationality?

Yes

If so, what is the maximum amount a student can borrow per year?

$  40,000

GMAT

Applicants required to take the GMAT?

Yes

Mean : 660

Middle 80% range GMAT scores:


From:  600
To:  750

Academics & Lifestyle

CLASS OFFERINGS

Average students in a full-time MBA core class:

60

Average students in a full-time MBA elective class:

20

Elective courses available to full-time MBA students:

50

Electives that have been added to the full-time program since June 30, 2008:


Real Estate Finance
Leadership Power and Influence
Investment Management
Family Business Management
Successful Enrtepreneurship in R&D

Year of last major change or significant overhaul to the core curriculum:

2008

Concentrations and specializations offered to full-time MBA students:


Entrepreneurship

Finance

General Management

Health Care Administration

Human Resource Management

Marketing

Operations Management

Public Administration

Strategy

Does the school offer an accelerated full-time MBA program?

Yes

FACULTY

Faculty employed by the B-school:

152

Full-time faculty


Tenured: 68
Non-Tenured: 22

Adjunct/Visiting Faculty


Tenured: 27
Non-Tenured: 35

Women on Faculty


Tenured: 13
Non-Tenured: 10

Minority Faculty

International Faculty


Tenured: 19
Non-Tenured: 25

Faculty with PhDs


Tenured: 65
Non-Tenured: 39

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

68 %

Faculty who have owned their own business:

41 %

STUDENT LIFE

Professional clubs available to full-time MBA students:


Business Ethics

Consulting

Corporate Social Responsibility/NetImpact

Entrepreneurship

Finance

Investment Banking

Marketing

Nonprofit

Other

Networking clubs available to full-time MBA students:


Gay/Lesbian/Bisexual

Hispanic Student Organization

International Club

Partners/Family

Volunteer

Wine

Women in MBA

TEACHING/ACADEMICS

Teaching methods used


Case study: 30  %
Distance Learning: 15  %
Experiential Learning: 0  %
Lecture: 30  %
Simulations: 5  %
Team Project: 20  %

Requirements for graduation:


Students must write a complete business plan

Students must have attended a minimum number of classes

Students are required to be fluent in more than one language by graduation

Students must have earned a pre-determined GPA/Letter grade average

TECHNOLOGY

Is there a wireless network in main B-school buildings?

Yes

Technology improvements in the last three academic years:

New teaching support platform (Moodle). Medialabs. State-of-the-art audiovisual equipment in 34 classrooms. 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. Introduction of ITIL methodology in technological support areas. Balanced Scorecard.

Amount spent:

$  8,148,000

Alumni Affairs & Careers

ALUMNI

Living MBA alumni:

6,747

Active MBA alumni clubs

47

Countries in which MBA clubs exist

29

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

No

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 site:

No

Do current MBA students have access to an alumni database?

Yes

CAREER SERVICES

Graduates seeking full-time professional MBA employment: 76  %
Graduates not seeking employment: 24  %
Graduates for whom you have no information regarding employment: 0  %

Of grads not seeking employment: Percentage of graduates not seeking employment who were company-sponsored, or already employed: 29  %
Percentage who were continuing their education (after graduation): 3  %
Percentage who were postponing their job search: 25  %
Percentage who were starting their own business(es) : 43  %
Percentage who were not seeking employment for other reasons: 0  %

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


Destination: NSH MBA, USA
Month: October
Amount Paid By School: None
Destination: Top MBA Careers Fair, UK
Month: October
Amount Paid By School: None
Destination: London Banking Days
Month: November
Amount Paid By School: None
Destination: MBA abd Masaters Conference
Month: November
Amount Paid By School: None
Destination: Orlando

Primary Source of Job Offer


School-facilitated activities: 60  %
Graduate-facilitated activities: 24  %
No information provided by graduate: 16  %

Companies that recruited second-year MBAs on campus in 2007-08:

NA

Companies that posted full-time job offers for MBAs on the school's job boards in 2007-08:

NA

Job Offers for 2008 graduates:


Received first job offer by graduation: 84  %
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: 3  %

Top recruiting firms and the number of full-time MBAs hired in the past 12 months:


Barclays Bank PLC

3

Citigroup Inc.

2

J&J

8

DUPONT

3

NOVARTIS

3

TECH DATA

3

ALTAIR

2

ARCELOR MITTAL

2

LOUIS VUITTON

2

Job-accepting graduates who received a signing bonus:

25 %

Mean and median base salary, signing bonuses and other compensation for most recent employed graduates:


Mean base salary for most recent graduates: $  90,033
Median base salary for most recent graduates: $  85,590
Mean signing bonus for most recent graduates: $  20,565
Median signing bonus for most recent graduates: $  15,596
Mean other guaranteed compensation for most recent graduates: $  28,001
Median other guaranteed compensation for most recent graduates: $  16,059

Graduating students who accepted jobs in the following functional areas:


Consulting: 20  %
Finance/Accounting: 17  %
General Management: 17  %
Human Resources: 4  %
Marketing/Sales (Public Relations, Product Management, Market Research, Advertising, etc.): 35  %
Management Information Systems (MIS): 3  %
Operations/Logistics (Logistics, Purchasing, Engineering, etc.): 4  %
Other: 0  %

Graduating students who accepted jobs in the following industries:


Government (Federal, State, Local, Military): 0  %
Consulting: 20  %
Consumer Products: 7  %
Financial Services: 17  %
Manufacturing: 20  %
Media/Entertainment: 0  %
Non-Profit: 0  %
Petroleum/Energy: 1  %
Pharmaceutical/Biotechnology/Health care Products: 20  %
Real Estate: 4  %
Technology: 5  %
Other: 0  %

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


Africa: 0  %
Asia: 4  %
Eastern and Central Europe and Central Asia: 0  %
Latin America and the Caribbean: 13  %
Middle East: 3  %
North America: 10  %
Oceana: 3  %
Western Europe: 68  %

Within North America, graduates who accepted full-time jobs in the following regions:


Northeast: 25  %
Mid-Atlantic: 0  %
South: 0  %
Southwest: 0  %
Midwest: 63  %
West: 13  %
Possessions and territories: 0  %
Canada: 0  %

Top Companies - Internships:


Nestle

3

American Express

2

Goldman Sachs Group

2

J&J

5

DSM

3

ACEROID

3

LA REAL STATE

2

CAIXA CATALUNYA

2

VODAFONE

2

IMG

2

Internships awarded that are paid:

93 %

Mean and median intern compensation per week:


Mean :  851
Median:  750

Average internship length in weeks:

12

SCHOOL COMMENTS

School Comments:

N/A

Graduate Comments

Very international program (in my class 28 different nationalities out of 90 students), very team oriented, very prestigious, excellent career services. -- Consulting

I enjoyed the experience. The b-school has the right size and gives you the chance to be in direct contact with the teachers and departments. I met a fantastic group. -- Finance

Small and flexible program, very international and students receive a lot of attention from faculty and career service office. -- Finance

All I can say is that ESADE is a small b-school but my experience was that it was very professionally run and a school, which clearly has a clear plan for the future to continually improve and better itself. I was very happy with my choice of school and would certainly recommend the course that I attended. -- Consulting

The MBA at ESADE was so far the greatest experience I have embarked in. Apart from being a good school in terms of quality of teaching, it generates a wonderful environment where students are competitive, but at the same time, they never put their personal interests before the group's. Furthermore, the quality of the students really raises the bar. Overall, being an engineer, I felt that the program definitely made my horizons wider and allowed me to zoom out in many things. -- Consulting

I loved ESADE. Everybody knew everybody, administration mixed with students and vice versa including the janitors. This was a direct function of the relatively smaller size of the program. The program focused around the core themes of strategy, aspects of international business and finance. Finally, the quality of students was incredible both intellectually as well as street smarts/their previous work experience. What i appreciated most was that each student literally "brought something different to the program." While some students may not have earned the stellar 700+ GMAT grades, ESADE proved to me that the GMAT is a limited tool (For evaluation of applicant capability) since I encountered extraordinarily talented, experienced, and passionate students. -- Consulting

ESADE is without a doubt the best MBA program for having fun, meeting interesting international and diverse people, and learning about yourself. Where you suffer is job placement and academics, but many have been able to network their way into excellent jobs, and the soft skills attained at ESADE will serve them better than any other school. -- Information Technology

My MBA from ESADE was a life changing experience in numerous ways. The cultural exposure to different management styles from around the world; the vanishing concept of aggressive, selfish students; the openness of knowledge sharing and camaraderie among students, faculty, alumni and visiting professionals; the closeness of the group after graduation, among the most important. -- Consulting

ESADE offers a very interesting ONE YEAR MBA Program, specially meant for those candidates with strong professional experience (7-9 years). -- Marketing

ESADE MBA is the right choice to develop yourself as a person and as a professional. -- Marketing

I think ESADE is a great school with a lot of potential and for someone coming from Latin America, it opens a world of options as well as an interesting personal experience. -- Consulting

The experience I had was one of the best of my life -- mainly due to my colleagues in the program. Their diverse nature, intelligence, and open-mindedness made it a sure fact that I will continue to keep in contact with many of them for the rest of my life. -- Consulting

I will recommend the same program to those people that are looking for a new challenge in their life. MBA is not just a professional experience, I would say it's more personal maturity rather than professional. It's a good stop on your professional and personal life to start thinking what you really want for your future, rather than keep going with any opportunity you could have achieve before starting an MBA. -- Marketing

Strong emphasis on team work, which I consider very important in today's business environment, in addition to business knowledge and skill set. -- Marketing

Depending on one's international focus I would definitely recommend the ESADE MBA, as I found it's small school size coupled with a high-achievement and international atmosphere very stimulating. -- Investment Banking

If someone is searching for an international MBA experience, I would definitely recommend ESADE. Barcelona is a cosmopolitan city where expats can lead a comfortable life, my class consisted of a wide array of nationalities, and the school provides a many interesting international opportunities. -- Finance

ESADE is probably one of the very few schools who still believe in co-operative MBA and not competitive MBA. They consistently preach ethics and team work and do lead by example. I also believe ESADE has a huge human part in its MBA program and has the most flexible mechanism to cater to student's needs. I'm sure they are one of the very few schools where the entire MBA faculty and office folks know all of the students by name. -- Finance

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