IESE Business School

PROGRAM BASICS

MBA Full-Time Program

IESE Business School

Av. Pearson, 21
Barcelona , Spain  

Program Web site:

http://www.mba.iese.edu

Status:

Private Institution

Program e-mail address:

mbainfo@iese.edu

Graduate business school is accredited by:

Association of MBAs (AMBA)

European Foundation for Mgt. Development (EFMD)

Other

Years in which the following programs were founded:

Full-time MBA: 1964
Executive MBA: 1982
Executive Education (non-degree): 1958
PhD program: 1969

PROGRAM COSTS

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

Resident : $  88,600
Nonresident : $  88,600
Recommended annual budget (Resident): $  37,600
Recommended annual budget (Nonresident): $  37,600

PROGRAM LENGTH

Full-time program (months):

19

ENROLLMENT

Graduate business school enrollment

Total graduate business school: 983
Full-time MBA: 458
Executive MBA: 476

PhD program: 49

Other graduate degree programs:

N/A

ADMISSIONS

Application Deadlines

January 19, 2009 March 2, 2009 April 20, 2009 June 8, 2009

Does the program have rolling admissions?

Yes

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:

Very Important

Interviews:

Very Important

Recommendations:

Important

Undergraduate Transcripts:

Very Important

APPLICANTS

Applications (admitted and denied) to the newest class:

1529

Applicants who were accepted to the most recent class:

20 %

Admitted applicants who enrolled in the newest class:

71 %

Applicants who were re-applicants from prior years:

6 %

Percentage of this year's reapplicants accepted:

26 %

Applicants wait-listed during the last admissions cycle:

93

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

4

Applicant interviews are:

Required

Applicants (admitted and denied) who were interviewed:

68 %

Admitted applicants who were interviewed:

100 %

APPLICANT POOL

International applications received:

74 %

Applications from women received:

26 %

Mean base salary forgone:

$  48,300

Median base salary forgone:

$  43,700

CLASS PROFILE

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

Female: 28  %
International: 80  %
Married: 10  %

Ethnicity/US Students in Program

Students from following regions:

Africa : 1  %
Asia: 19  %
Eastern Europe and Central Asia: 3  %
Latin America and the Caribbean: 12  %
Middle East: 4  %
North America: 16  %
Oceania : 1  %
Western Europe: 44  %
Percentage of students with dual citizenship: 4  %

Entering North American citizens by region:

Northeast: 45  %
Mid-Atlantic: -  %
South: 10  %
Southwest: -  %
Midwest : 5  %
West: 40  %
Possessions and territories: -  %

Mean months of work experience of newest entering class:

49

Median months of work experience of newest entering class:

49

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

From:  24
To:  77

Median age of entering class:

27

Mean age of entering class:

27

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:

68 %

Full-time MBAs receiving financial aid through school:

68 %

Mean MBA financial aid package for the current academic year:

$  38,000

Median MBA financial aid package for the current academic year:

$  39,300

On what basis are scholarships awarded?

academic merit

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

-

How does an applicant apply for scholarship consideration?

As part of the admissions application

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

$  38,000

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

54 %

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?

$  88,600

Mean outstanding debt among the most recent graduates from the full-time MBA program:

$  52,500

GMAT

Applicants required to take the GMAT?

Yes

Mean : 673
Median: 673

Middle 80% range GMAT scores:

From:  620
To:  730

CLASS OFFERINGS

Average students in a full-time MBA core class:

70

Average students in a full-time MBA elective class:

50

Elective courses available to full-time MBA students:

71

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

Banking Strategies and Management Styles taught by the
Universal Banking Strategies and their impacts on non-f
Capital and Ventures Evaluation
Knowing and Using Derivatives
Creative Cultures

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

2008

Concentrations and specializations offered to full-time MBA students:

General Management

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

No

FACULTY

Faculty employed by the B-school:

153

Full-time faculty

Tenured: 48
Non-Tenured: 52

Adjunct/Visiting Faculty

Tenured: N/A
Non-Tenured: 53

Women on Faculty

Tenured: 4
Non-Tenured: 14

Minority Faculty

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

International Faculty

Tenured: 6
Non-Tenured: 55

Faculty with PhDs

Tenured: 48
Non-Tenured: 75

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

65 %

Faculty who have owned their own business:

53 %

STUDENT LIFE

Professional clubs available to full-time MBA students:

Biotech/Health care

Business Ethics

Consulting

Corporate Social Responsibility/NetImpact

Entrepreneurship

Finance

High Tech

Marketing

New Media

Nonprofit

VC/ Private Equity

Other

Networking clubs available to full-time MBA students:

Partners/Family

Wine

Women in MBA

TEACHING/ACADEMICS

Teaching methods used

Case study: 75  %
Distance Learning: 1  %
Experiential Learning: 0  %
Lecture: 7  %
Simulations: 6  %
Team Project: 11  %

Requirements for graduation:

Students must have attended a minimum number of classes

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

Other

Additional graduation requirements:

Students are required to complete 6 credits per term (5

TECHNOLOGY

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

Yes

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

Living MBA alumni:

7,727

Active MBA alumni clubs

29

Countries in which MBA clubs exist

103

Living MBA alumni who gave in past year:

65 %

Mean gift from MBA alumni:

$  811

Median gift from MBA alumni

$  757

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

No

Business School Endowment

$  59,000,000

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 site:

Yes

Business school alumni networking site:

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

Do current MBA students have access to an alumni database?

Yes

CAREER SERVICES

Graduates seeking full-time professional MBA employment: 91  %
Graduates not seeking employment: 7.5  %
Graduates for whom you have no information regarding employment: 1.5  %

Of grads not seeking employment: Percentage of graduates not seeking employment who were company-sponsored, or already employed: 6  %
Percentage who were continuing their education (after graduation): 1  %
Percentage who were postponing their job search: 0.5  %
Percentage who were starting their own business(es) : -  %
Percentage who were not seeking employment for other reasons: N/A  %

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

Destination: London Banking Tour
Month: October
Amount Paid By School: None
Destination: Madrid
Month: March
Amount Paid By School: None
Destination: Boston - Japanese Career Fair
Month: November
Amount Paid By School: None

Primary Source of Job Offer

School-facilitated activities: 80  %
Graduate-facilitated activities: 20  %
No information provided by graduate: -  %

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

320

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

817

Job Offers for 2008 graduates:

Received first job offer by graduation: 82  %
Received first job offer in three months following graduation: 16  %
Received first job offer more than 3 months after graduation: 2  %

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

Job-accepting graduates who received a signing bonus:

52 %

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

Mean base salary for most recent graduates: $  11,300
Median base salary for most recent graduates: $  11,310
Mean signing bonus for most recent graduates: $  31,000
Median signing bonus for most recent graduates: $  16,000
Mean other guaranteed compensation for most recent graduates: $  23,000
Median other guaranteed compensation for most recent graduates: $  17,400

Graduating students who accepted jobs in the following functional areas:

Consulting: 38  %
Finance/Accounting: 37  %
General Management: 6  %
Human Resources: -  %
Marketing/Sales (Public Relations, Product Management, Market Research, Advertising, etc.): 15  %
Management Information Systems (MIS): 2  %
Operations/Logistics (Logistics, Purchasing, Engineering, etc.): 2  %
Other: -  %

Graduating students who accepted jobs in the following industries:

Government (Federal, State, Local, Military): -  %
Consulting: 31.  %
Consumer Products: 5  %
Financial Services: 32  %
Manufacturing: 9  %
Media/Entertainment: 2  %
Non-Profit: 1  %
Petroleum/Energy: 4  %
Pharmaceutical/Biotechnology/Health care Products: 6  %
Real Estate: 0.5  %
Technology: 3  %
Other: 6  %

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

Africa: -  %
Asia: 4  %
Eastern and Central Europe and Central Asia: 1  %
Latin America and the Caribbean: 8  %
Middle East: 2  %
North America: 3  %
Oceana: -  %
Western Europe: 82  %

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

Northeast: 100  %

Companies that recruited MBAs for internships on campus in 2007-08:

180

Companies that posted internships for MBAs on school job boards in 2007-08:

195

Top Companies - Internships:

Internships awarded that are paid:

96 %

Mean and median intern compensation per week:

Mean :  860
Median:  910

Average internship length in weeks:

9

SCHOOL COMMENTS

School Comments:

The title of bilingua MBA will be awareded to those students who have passed the Spanish language test and who have taken a minimum of two credits taught in Spanish.