Program Overview

• Duration: 10–12 months (full-time).
• Location: Madrid, Spain – a dynamic hub for business and entrepreneurship.
• Curriculum: A combination of core business courses, elective tracks, and hands-on consulting projects.
• Networking: Access to a 66,000+ strong alumni network in over 140 countries.
• Specialization Tracks: Digital Business, Marketing, Finance, Strategy, and International Business.
• Global Immersion: Includes global study treks, exchange programs, and real-world business simulations.

 
Fees and Salary

• Total Program Fee: €50,000 (includes tuition and learning resources).
• Living Expenses: Estimated at €1,000–€1,500/month for accommodation, food, and transport.

Other Costs:

• Application Fee: €150.
• Health Insurance: Approximately €600–€800/year.
• Books and Supplies: €400–€700 depending on chosen electives.
• Scholarships and Financial Aid:
• IE Excellence and Merit Scholarships for outstanding candidates.
• Need-based financial aid and external funding options available.
• Special scholarships for women in leadership and entrepreneurs.

Payment Plan Options:

• Tuition fees payable in multiple installments.
• Flexible payment plans tailored for admitted students.
• Post-MiM Average Salary: €47,000/year across industries.
• Employment Rate: 92% within 3 months of graduation.

Highest Paying Industries:

• Consulting (€54,000)
• Finance (€50,000)
• Technology (€48,000)
• Top Hiring Companies: McKinsey, Google, Accenture, Santander, and Amazon.
• Return on Investment (ROI): Strong ROI with a focus on global career mobility and entrepreneurship.
   

GMAT Insight

• Recommended GMAT Score: 650+ for a competitive edge.
• Average GMAT Score: 640 for the latest intake.
• GMAT Requirement: Demonstrates analytical, quantitative, and problem-solving skills.
• Alternative Test: GRE is accepted, and IE Business School also offers an internal admissions test.
• Score Validity: GMAT/GRE scores must be valid for 5 years.

Preparation Resources:

• Official GMAT Guide and IE Business School’s suggested study materials.
• Mock tests focusing on quantitative and verbal sections.
• IE Perspective: IE values innovative thinkers with strong leadership potential and well-balanced GMAT/GRE scores.
• Submission Deadline: Ensure GMAT/GRE scores are submitted before IE’s rolling application deadlines.