IE Business School
Madrid, Spain - Founded 1973
IE Business School was founded in 1973 and is based in Madrid, Spain. Its full-time International MBA is taught in English, in person in Madrid, in 11- or 15-month options, or 19 or 23 months as a dual degree. There are two intakes each year, in September and January. Tuition for the 11- and 15-month options is EUR 89,900. Admissions are rolling, with no fixed application deadline. Applicants take the GMAT, GRE, IE Global Admissions Test (ieGAT) or Executive Assessment.
- #21 Financial Times Global MBA 2026
- #3 Bloomberg Businessweek Best B-Schools 2026-27 (Europe and Middle East)
Class profile
Applications
-
Avg GPA
-
GMAT range
-
Intl students
92%
Women
33%
Avg work exp
6.0 yrs
Avg age
29
GRE accepted
Yes
Undergraduate majors
Pre-MBA industries
Employment
Median base salary
-
Signing bonus
-
Placement (3 mo)
-
Offers at grad
-
Changed industry
-
Changed function
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| Industry | % of class |
|---|---|
| Technology | 21% |
| Finance | 18% |
| Industrial | 18% |
| Consulting | 17% |
| Consumer, Luxury and Retail | 6% |
| Global Impact | 5% |
| Marketing & Communications | 3% |
| Healthcare | 3% |
| Architecture/Urbanism/Real Estate/Design | 2% |
| Other | 5% |
Programs
| Type | Program | Duration | Format | Tuition | Class size |
|---|---|---|---|---|---|
| Full-time MBA | International MBA (IMBA) | 11 months | Full-time, in person, Madrid | EUR 89,900 (11- and 15-month options) | - |
| Part-time MBA | Global MBA | 16 months | Part-time: blended, 100% online or in person | EUR 65,000 | - |
| Executive MBA | Global Executive MBA | 15 months | Blended: residencies plus live online sessions | EUR 102,000 | - |
| Specialized master | Master in Management (MiM) | 15 months | Full-time, in person, Madrid | See program page | - |
| PhD | PhD in Management | 48 months | Full-time, in person, Madrid | See program page | - |
Admissions
| Round | Deadline | Decision by |
|---|---|---|
| Rolling admissions (September and January intakes) | No fixed application deadline | Roughly 1 to 3 weeks after the full application is reviewed |
Application fee
-
Tuition
EUR 89,900 (11- and 15-month options; reviewed yearly)
Total cost
EUR 89,900 tuition plus a one-off EUR 1,200 IE Foundation contribution
Interview
Personal interview with a manager of the Admissions Team, face-to-face or online, after the online assessment.
English test
Required
Deferral
An admission is valid for the intake applied to and the following one.
FAQ
What GMAT score do I need for IE Business School?
IE does not publish an average or minimum GMAT for the International MBA. Applicants take one admissions test: the GMAT, GRE, ieGAT or Executive Assessment.
How international is the IE International MBA?
IE's International MBA student profile lists 92% international students from 57 nationalities, and 33% of the class are women. IE does not state which intake the profile covers.
What is the IE International MBA tuition?
EUR 89,900 for the 11- and 15-month options, reviewed yearly. Students also make a one-off EUR 1,200 contribution to the IE Foundation, and the application fee is EUR 150.
What are the IE International MBA deadlines?
There is no fixed deadline. IE runs rolling admissions for its September and January intakes, and an admission is valid for the intake applied to and the following one.
Sources
- 1IE Business School, Class profile
- 2IE Business School, Admissions
- 3IE Business School, Employment report (checked October 15, 2026)
Campus photo by Luis García (Zaqarbal), CC BY-SA 3.0, via Wikimedia Commons.