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IESE MBA: All You Need to Know

A simple guide to IESE MBA—program details, fees, and career opportunities.

Program Overview

  • Duration: 15 or 19 months (full-time, flexible).
  • Location: Barcelona, Spain – a top European business hub with strong corporate connections.
  • Curriculum: A rigorous mix of core management courses, electives, and real-world business simulations.
  • Networking: Access to a 55,000+ strong global IESE alumni network across 150+ countries.
  • Specialization Tracks: Consulting, Finance, Marketing, Entrepreneurship, and Strategy.
  • Global Immersion: Includes international exchange programs, global study treks, and hands-on consulting projects.

Fees and Salary

  • Total Program Fee: €99,500 (includes tuition and academic resources).
  • Living Expenses: Estimated at €1,500–€2,000/month for accommodation, food, and transport.

Other Costs:

  • Application Fee: €200.
  • Health Insurance: Approximately €800–€1,000/year.
  • Books and Supplies: €500–€1,000 depending on chosen electives.
  • Scholarships and Financial Aid:
  • IESE Excellence and Merit-Based Scholarships for outstanding candidates.
  • Need-based financial aid and loan assistance programs.
  • Women in Business and Entrepreneurship scholarships.

Payment Plan Options:

  • Tuition fees payable in multiple installments.
  • Flexible financing options available for admitted students.
  • Post-MBA Average Salary: €115,000/year across industries.
  • Employment Rate: 94% within 3 months of graduation.

Highest Paying Industries:

  • Consulting (€120,000)
  • Finance (€115,000)
  • Technology (€110,000)
  • Top Hiring Companies: McKinsey, BCG, Amazon, Goldman Sachs, and Google.
  • Return on Investment (ROI): High ROI with a strong reputation in consulting, finance, and global leadership.

 
GMAT Insight

  • Recommended GMAT Score: 700+ for a competitive application.
  • Average GMAT Score: 690 for the latest cohort.
  • GMAT Requirement: Demonstrates strong analytical, problem-solving, and leadership capabilities.
  • Alternative Test: GRE is accepted, with a focus on high scores in quantitative and verbal sections.
  • Score Validity: GMAT/GRE scores must be valid for 5 years.

Preparation Resources:

  • Official GMAT Guide and IESE’s recommended prep materials.
  • Regular mock tests focusing on time management and critical reasoning.
  • IESE Perspective: IESE values applicants with a well-rounded academic background, leadership potential, and a balanced GMAT/GRE score.
  • Submission Deadline: Ensure GMAT/GRE scores are submitted before IESE’s rolling application deadlines.
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Understand Your Profile

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Get the Right School List

Know which schools fit your profile and which ones give you the best chance

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Know Your GMAT/GRE Need

Find out the score you actually need — or if you can skip the test

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Plan Your Timeline

Get a clear month-by-month plan so you don't rush later

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Improve Your Scholarship Chances

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