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Key Takeaways
Program Overview: The IESE MIM program is designed to equip students with a broad range of management skills and a deep understanding of global business dynamics. It combines theoretical knowledge with practical applications, including internships and real-world projects, to prepare students for leadership roles.
Class Profile: The program boasts a diverse cohort with students from over 30 countries. The average work experience is around 1-2 years, with a balanced gender distribution. This international diversity enhances classroom interactions and promotes a global perspective.
Salary and Employment: Graduates of the IESE master in management program enjoy excellent career prospects, with an average starting salary of €55,000. The employment rate within 3 months of graduation is 92%, with top employers in consulting, finance, and multinational corporations actively recruiting from the program.
Tuition Fees: The tuition fee for the IESE Master in Management program is approximately €37,200 per year. IESE offers various scholarships and financial aid options to support students in managing their educational expenses. Additionally, students should plan for living expenses, travel, and other related costs.
Introduction
Pursuing IESE Master in Management is a transformative step for those looking to make a mark in the global business world. Known for its rigorous academic environment and international outlook, the IESE MIM program attracts talented students from around the globe. Our consultancy is committed to providing you with detailed insights into this prestigious program, helping you make informed decisions about your education.
This blog post offers a comprehensive overview of the IESE MIM program, highlighting the program's core aspects, student demographics, career outcomes, and tuition fees. Whether you aim to develop your managerial skills or build a robust professional network, this guide will support your educational journey.
| Program length | 11 months |
| Tuition Fees MIM 2024 |
€47,700 |
| Program deadline MIM 2024 |
MiM 2024 intake are now open (rolling admissions policy) |
| Intakes | 1 |
| Application fees | 120€ |
Class Profile of IESE MIM
The IESE MIM class profile is a diverse and talented mix of young professionals from around the globe. And there is no typical Master in Management program candidate. You’ll join a cohort of future leaders from over 30 countries and an array of personal and educational backgrounds. What will unite you all is a desire to make a positive impact on the world.
| Average GMAT | NA |
| Average GRE | NA |
| Average GPA | NA |
| Average work experience | 2 years |
| Average age | 23 years |
| Pre-MIM industry MIM 2022 |
NA |
| Pre-MIM location MIM 2022 |
40% Europe 10% North America 20% Spain 5% Africa 10% Asia |
| Class size MIM 2022 |
76 |
| Women MIM 2022 |
30% |
| Country Represented MIM 2022 |
30 |
IESE Master in Management, Favour Okolie (MiM’23)
IESE MIM Rankings
The IESE rankings measure factors such as international scope, alumni salaries and the return on investment of our programs. However, our commitment to developing talented managers goes far beyond that. At IESE, we believe that excellence is an attitude reflected by each and every one of the school’s component parts, from teaching and research to campus experience, career development services and enduring relationships with our participants.
| Rankings | Position |
| FT Masters in Management 2023 | 14 |
| FT Executive Education Programs (2015-2020) | 1 |
Program & Curriculum of IESE MIM
The IESE Master in Management is an 11-month leadership development program. In line with IESE MiM program serves to develop leaders who can have a positive impact through their professionalism, integrity, and spirit of service. The program’s core courses build a solid foundation of business-management knowledge. Key themes range from marketing and finance to strategy and economics.
- Sep-Oct: P1
- Nov - Dec: P2
- Jan-Feb: P3
- Mar-Apr: P4
- May-June: P5
Electives
- Anthropology and Ethics
- Business Analytics
- Business Ethics
- Capital Markets
- Communications
- Corporate Finance
- Critical Business Thinking
- Decision Analysis
- EXSIM
Top international faculty
IESE’s faculty includes full-time and part-time professors. All full-time professors have PhDs from prestigious universities. They are also highly international, representing more than 20 nationalities, and bring vast relevant expertise from the highest levels of business.
Research centers
IESE Research Centers are led by senior professors who are recognized experts in their fields, supported by a team of researchers and assistants. Partner companies and organizations collaborate with our centers to define research objectives. IESE Business School offers many research centers and institutes: Center for Business in Society (CBS), Center for Corporate Governance (CCG), Center for Globalization and Strategy (CGS), Center for Research in Healthcare Innovation Management (CRHIM), Center for Innovation Marketing and Strategy (CIMS) and Center for International Finance (CIF).
Master in Management Program. IESE MiM
Fees & Financing
The IESE master in management follows a rolling admissions policy, which means that we do not have a specific deadline for applying. Class sizes are limited and scholarships are allocated on a merit basis, so we urge you to apply as soon as you are ready.
IESE review applications on a continuous basis and aim to provide a decision approximately 4-6 weeks after an application is submitted, if all the requirements are met.
| Tuition fee for the class 2024 | €47,700 |
| Commitment Fee | €8,000 |
| Application Fees | 120€ |
NOTE: Travel and accommodation expenses for the NYC international module are not included in the MiM tuition fees and are extra costs assumed by the student. To know more, check out: IESE MIM Fees & Expenses
Employment Upon Graduation
The world’s leading companies recruit IESE talent. IESE graduates are in demand because of the value they deliver, whatever the sector, wherever the opportunity. Set your career objectives and develop a strategy to achieve them. You’ll get personalized support from the career development center as you refine your job-search skills, expand your network and prepare to present yourself to future employers.
| Average salary MIM 2022 |
€51,300 |
| Offer accepted upon three months of graduation | NA |
| Offer received upon three months of graduation | 96% |
| Reporting rate | NA |
| Post-program job locations | 4% Middle East 2% North America 4% Latin America 6% Asia 3% United Kingdom |
| Post MIM industries MIM 2022 |
40% Consulting 21% Financial Services 14% Technology 3% Retail |
Know more at: Career Impact | IESE Business School
IESE MIM Application: Essays & Interview
When applying to the IESE Master in Management (MIM) program, the essays and interview process play a crucial role in showcasing your individuality, aspirations, and suitability for the program. The application essays offer you the chance to reflect on your experiences, career goals, and why you believe IESE is the right fit for your professional growth.
Essays
IESE MIM has three mandatory essay questions and two optional video essays.
Essay 1
How will the Master in Management help you achieve your academic and professional goals?
Essay 2
Describe a situation where you had to work to build connections with people you had little in common with․ How did you demonstrate that you valued their input?
Essay 3
Describe the most significant challenge you have faced recently․. How did you feel when asked to take it on?
Interview Questions
Interviews can be held virtually or in person at the IESE campus in Madrid. Your interview will be conducted in English.
Why IESE is Unique?
The IESE program experience is a demanding and rewarding path that will help you achieve your goals and become the professional you've always wanted to be. Our mission is for you to develop your full potential as a global leader who is ready to make a positive, profound, and lasting impact on society.
- IESE are backed by more than 57,000 alumni worldwide, with whom you will enjoy a powerful and unparalleled network of contacts.
- IESE challenge you with world-class professors, real business cases and other active learning methodologies such as workshops, role-playing and advanced simulations.
- School accompany you at all times, through closely monitored mentoring and coaching, which will help you to map out your career in a personalized way and to solve any professional challenges that may arise.
Useful Links
| Funding and Admissions | IESE MiM. Fees, Funding and Admissions |
| Alumni | IESE Alumni Association |
| Admissions | Meet our Admissions Team |
| Contact | mim@iese.edu +34 932 53 42 00 |
Conclusion
Choosing to study at a leading MIM college in Spain like IESE Business School can significantly impact your career trajectory. The IESE MIM program not only provides a solid foundation in management principles but also opens doors to global career opportunities through its extensive alumni network and strong employer connections. By investing in this program, you are investing in a future filled with professional growth and success.
