IE Business School is one of the leading business schools in Madrid, Spain was founded in 1973 which is now under the name of Instituto de Empresa and since 2009 it is a part of IE University. IE business school runs MBA, Executive MBA, master’s degree programs in finance and management, executive education programs, PhD and DBA programs.

It has more than 1900 students from 90 countries that pursue their master’s degree each year. And there are around 5,600 annual participants in its executive education programs. It has offices spread in28 countries and approx. 40,000 alumni dwell in 102 countries. If you are willing to take admission in IE business school here we have all the details you want to collect.

Let’s start now…


IE Business School MBA Eligibility Criteria

IE more than anything else initially believes in searching talent. They look for the individuals who have caliber and spark to do something bigger in life. They have out of the ordinary demands so that the students who come and join their MBA squad could achieve their desired success in their life irrespective of their background. When it comes to evaluating each candidate, to bring the most talented and interesting candidates they take a holistic approach.

Basic process includes:

  • Minimum 3 years of full-time experience
  • A Bachelor’s Degree or equivalent
  • GMAT, GRE or IE Global Admissions Test
  • English language certificate
  • Completed application form

IE Business School Admission Process

The admission process at IE business school is divided into 4 simple phases & there is no deadline for applications, there are limited spaces thus early applications are recommended.

  1. Application Process

Once you submit your online application with your supporting documents the admission process gets a start. It’s a great chance to leave a good impression on IE community. Highlight your professional and academic achievements both and tell then why you want to pursue IE international MBA.

  1. Supporting Documents
  • Bachelor’s Degree Transcript
  • Bachelor’s Degree Diploma
  • 2 Letters of Recommendation
  • 3 Essays
  • 1-2 page(s) CV
  • Photocopy of Passport/DNI
  • 1 Photo
  • Entrance exam* (GMAT, the GRE or the IE Global Admissions test)
  1. Interview

The interview is specially designed to improve your communication abilities and aid you to decide whether your profile can meet the demand of program or not. As this is a highly important part of your selection process, so be prepared, it is most often conducted with an IE Event or via skype.

  1. Final Decision

Your entire application will be calculated holistically by our admission committee. This is the last step of your application which takes approx 1-3 weeks for the admissions committee to get you back with the final decision.

IE Fees Structure

IE provides tuition funding assistance to its students which are generally based on merit, distinctive competencies and the academic excellence. This fee is 69.200€*. In order to get additional financial needs, some students visit our financial aid office for the personal consultation.


  • IE foundation provides more than 60 types of scholarships
  • Fellowship and scholarship criteria are based on the merit and economic need
  • 40% of all IE Master Degree candidates receive some financial assistance
  • IE also consists of a special fund along with an endowment of 6 million Euros for scholarships aimed at women