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IE Business School MiM Review

IE Business School is a business school in Madrid, Spain, that offers graduate and undergraduate programmes. It was created in 1973 as the Instituto de Empresa and has been a part of IE University since 2009.

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IE MiM Introduction

Accreditation

AMBA, AASCB, & EQUIS

International Students

78%

Women

54%

Alumni Network

70,000

Salary

Salary

€40,000-€60,000 

duration

Course Duration

12 Months

fees

Course Fee

€39,700

Intake

Intake

2

IE Business School is a business school in Madrid, Spain, that offers graduate and undergraduate programmes. It was created in 1973 as the Instituto de Empresa and has been a part of IE University since 2009. BBA, Full Time MBA, Executive MBA, Online MBA, International MBA, master’s degree programs in finance and management, executive education programs, PhD and DBA programmes are all offered at world IE Business School.

This blog brings you an IE MiM review. The QS Global MBA rankings 2021 ranks IE Business School 9th position. IE business school is one of the top business schools worldwide. All students at IE are empowered to have driving innovation to build themselves up.

IE MiM class profile

People are passionate about rethinking education at IE Business School. Entrepreneurs, executives, academic specialists, and authors who have published in prestigious journals make up their international faculty. 

Many IE Business School teachers have worked as executives in start-ups or international corporations. They bring a rich and challenging business programme to the classroom by bringing intellectual variety and varied viewpoints on the business environment.

This world-class faculty uses the most up-to-date and exciting instructional methods and materials to educate the most cutting-edge management approaches accessible. Their campus is more than just a location; it’s a way of life. 

Students enrolled in the Master of Management programme are immersed in a unique ecology in the heart of Madrid’s economic sector, which is a global, cosmopolitan centre of creation. 

The Campus Life office organises and supports a wide range of activities that are all imbued with the IE ethos, providing a fantastic opportunity to network outside of class at events that highlight IE’s diversity.

Average Age

23

GMAT

650-700

Nationalities

88

Average Work Ex

0-2 Years

Average GPA

8.67

Class Size

248

IE MiM acceptance rate

According to Forbes, IE Business School has a 34 per cent acceptance rate. Students in the Master of Management programme are, on average, 23 years old and have around a year of professional experience.

Program and Curriculum

IE Business School is a top business school providing several master’s degrees. IE MiM program is divided into three terms where the first two terms will consist of a core period in which you will be gaining a more profound knowledge of core management principles. For the same intake, the core period is shared by all students. Next will be a specialization module in which student is allowed to choose a field of interest. It also varies with the language of instruction and the initial intake of the overall program. 

At IE, practical cases are used for the maximum area of management, which showcases different problems that can emerge for several firms and are analyzed from different perspectives. In Addition, IE students have a golden opportunity to opt for three months Internship at the end of the program. Also, QS World Rankings ranks IE Business School MiM as 6th worldwide.

Core Course

  • International Business
  • Sales & Marketing
  • Digital Business
  • Finance & Investments
  • Entrepreneurship & Innovation
  • Finance Management & Control

    Extra Activities

    Corporate events

    IE Business School and the Financial Times have an innovative partnership known as the Corporate Learning Alliance to help organizations develop leaders at all levels, sharpen their skills to achieve strategic and business objectives and create value for all stakeholders.

    Industry conferences

    Several Industry Conferences are conducted Some examples are:

    • Critical thinking: Where Truth Lies
    • Transformation of the financial services industry: Blockchain and Cryptocurrencies-Honk Kong
    • The Power of Positive Storytelling + Personal Branding – Budapest

    Clubs

    IE is home to a variety of clubs. Some of them are

    • IE Arts & Business Club
    • Automotive Club IE
    • IE Blockchain Club
    • Communication Club IE

      Eligibility and Requirements 

      Eligibility

      • Academic Accreditation, Bachelors Degree or equivalent(transcripts and diploma)
      • GMAT
      • TOEFL(minimum score of 100), IELTS (minimum score of 7) or a Cambridge Advanced or Proficiency level. (A certificate is not required if you completed an undergraduate degree in English.)

      Document Related to the Application

      • Online application form
      • Two Page Curriculum Vitae
      • Entrance Exam (GMAT, GRE) or IeGAT
      • Language Certificate (English or Spanish) if you are a non-native speaker of the language in which you are planning to study the program
      • 2 Letters of recommendations
      • One passport-sized photo
      • Photocopy of passport or DNI
      • Application fee of €125

      IE MiM deadlines

      The Master in Management (MiM) program at IE Business School will have its next “fall intake” in September. However, the admissions procedure is on a rolling basis. Thus there is no fixed deadline. On the other hand, the school advises applicants to apply as soon as possible, but no later than the program’s start date.

      IE Business School is actually consistently ranked among the best business schools in Europe and beyond, with high rankings in the Financial Times Business Schools or MBA Rankings and Business Week and The Economist ranking.

       

      IE Business School MiM Employment

      IE Business MiM has a very impressive employment report with 91% placement records within three months after completing the program. IE Business helps you achieve your career goal by giving you the right exposure and network-building opportunities after a full-time MiM degree.

      Placements: 91%

      $91,189

      AVERAGE STARTING SALARY

      PLACEMENT

      91%

      Top Sectors hiring IE Business School MiM Graduates

      The top 3 sectors where IE MiM graduates gets placed are:- 

      1. Consulting

      2. Finance 

      3. Technology

      Companies recruiting from IE Business School MiM

      Consulting

      • Accenture
      • KPMG
      • EY

      Finance

      • AXA
      • BBVA

      Technology

      • Google
      • Repsol

      There are successful alumni from IE. Also, many global rankings rank IE Business school high. The IE alumni are managing around 6000+ job positions in more than 3500 companies worldwide. Approximately 73% of the alumni are currently working in the European region, and a considerable number are in America and Asia.

      They are employed in top companies and work in various sectors like marketing, sales, finance, accounting, consulting, IT and Human Resources. 91% of students get placed within three months of graduation.

      Some Famous Alumni

      • Lourdes Flores (former member of the Chamber of Deputies Constituent Congresswoman)

      We have a 97% Success Rate In Helping Applicants Get Into Top Schools Like

      Application Essays for IE MiM 

      The admission process has three live questions, two in video format and one in written form.

      Essay-1: What is the most important thing you would like us to know that is not in your application or resume?

      (Video or PPT a written essay, between 250-650 words)

      Letter of Recommendation for ESADE Business School MBA

      2 Letters of recommendation are required for ESADE MBA.

      Letter of Recommendation for IE Business School MiM

      A short online questionnaire is emailed to the recommender as part of the IE Business School endorsement. Written letters of support are also acceptable. However, there must be two recommendations, and they cannot be from friends or family. If the candidate already has a letter of reference, it can be uploaded as a Word or PDF document with the application.

      The following are the IE Business School recommendation questions:

      Question 1: How would you describe the applicant in three words?

      Question 2: What about the candidate sticks out from a professional standpoint? (500 characters maximum)

      Question 3: How would the candidate benefit from the programme, in your opinion? (500 characters maximum)

      Additional observations on the candidate (Max 500 characters)

      What makes IE Business school MiM unique?

      You can choose from a variety of engaging and creative courses and electives, making IE’s MIM 50 per cent personalised. The students can benefit from working with people from various backgrounds and with different professional goals to ensure they reach their full potential.

      The course can be completed in English or in a bilingual English-Spanish format. It’s best for folks who can communicate in both languages.

      This course can pretty much enhance your personal and professional profile regardless of your original language.

      You will begin the first two core periods in Spanish and end the last two in English if you choose the bilingual option.

      Conclusion

      Don’t worry if you’re naturally better at one language than the other. They provide English and Spanish sessions throughout the programme to help you improve your language abilities as you study. You’ll also receive access to Busuu, the world’s largest language learning social network.

      They have meticulously streamlined linked academic areas at IE University to develop unique paths with similar curricula. Therefore, you may take control and find the ideal programme for you if you follow these paths.

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      FAQ’s

      Is IE Business School a renowned institution?

      In global rankings, IE Business School routinely ranks among the top academic institutions in the world based on the quality of our teaching, faculty, and students.

      Is the GMAT required by IE Business School?

      Applicants must additionally submit their GMAT, GRE, or IE Global Admissions Test scores, as well as TOEFL (100 minimum), IELTS (7.0 minimum), Cambridge (C1 minimum), or Pearson English language results (73 minimum). Upon notification from the Admissions Office, interviews are required.

      Is an MBA from IE Business School worthwhile?

      Finally, the IE Business School MBA is a well-rounded programme that prepares people for a variety of job paths. It’s also a top MBA in Europe with a strong return on investment, with average graduate salaries starting at $100,000, $15,000 higher than total tuition.

      Is there a difference between IE University and IE Business School?

      IE Business School is a business school in Madrid, Spain, with graduate and undergraduate programmes. It was created in 1973 as the Instituto de Empresa and has been a part of IE University since 2009.

       

      What is the reputation of IE University?

      IE University, which is based on the pillars of innovation, entrepreneurship, academic rigour, and the humanities, is among the top 30 universities in the world for global employability.

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