MiM ADMISSIONS

The admissions process is designed to help you and IESE to figure out if the MiM is the right fit for you and your goals. You must hold an undergraduate degree and, if you are not a native English speaker, pass an English language test, as the programme is taught in English.

Your GMAT or GRE results are important but not decisive: Your personality, motivation, goals, leadership abilities and communication skills will also be taken into account.


 

RoundApplication DeadlineDecision Released
1October 19, 2020December 4, 2020
2December 7, 2020February 5, 2021
3February 8, 2021April 2, 2021
4April 5, 2021May 14, 2021
5May 17, 2021June 18, 2021
6June 21, 2021July 16, 2020
7July 19, 2021August 27, 2021
Rolling Processuntil August 31, 20212 - 4 weeks

WE’D LIKE TO GET TO KNOW YOU

The admissions process helps us to select students whose ambitions and abilities align with the challenges of the MiM. By following our step-by-step admissions guide, we’ll find out more about you while you decide if IESE fits your goals. You’ll also discover what you need to know, the documents you should submit and the dates you need to do it by requesting an info meeting.

1. APPLY ONLINE

Documents required:

  • Application Form 
  • Application fee
  • Official transcripts
  • GMAT/GRE/IESE TEST*
  • CV
  • English Test
  • 1 letter of recommendation
  • Mandatory essays (online form)
  • Passport-size digital photograph (max. 2Mb.)

Apply online and upload scans of the following documents in English. We recommend that you:
  • Keep a copy of all documents
  • Attach each of the different documents separately
  • *The GMAT/GRE is highly recommended for all applicants. If for any reason you are unable to take the GMAT/GRE, we offer an internal IESE test whose content is similar to that of the GMAT. Please speak to the Admissions Director responsible for your region to see if the IESE Test alternative is applicable in your case.

2. PRE-ADMISSIONS COMMITTEE

Admission Process

Your application will be considered by the committee only when IESE has received copies of all documents via the online application process and the non-refundable application fee of 40€ has been paid.

3. ADMISSIONS INTERVIEW

Admission Process

Face-to-face interviews can be held on the IESE campus in Barcelona, via videoconference, or with admissions directors who travel across the world to meet candidates every year. Your interview will be conducted in English.

4. ADMISSIONS COMMITTEE

Admission Process

Once you finished the selection process your application will be presented to the final committee:

5. ADMISSIONS DECISION

Admission Process

Welcome to IESE!

You’ll receive a phone call and email confirming the committee’s decision.

DEADLINES

RoundApplication DeadlineDecision ByDeadline 1st depositDeadline 2nd deposit
R1October 19, 2020December 4, 2020January 8, 2021February 3, 2021
R2December 7, 2020February 5, 2021March 8, 2021April 1, 2021
R3February 8, 2021April 2, 2021May 3, 2021June 7, 2021
R4April 5, 2021May 14, 2021June 14, 2021June 14, 2021
R5May 17, 2021June 18, 2021July 12, 2021July 12, 2021
R6June 21, 2021July 16, 2021August 9, 2021August 9, 2021
R7July 19, 2021August 27, 2021TBDTBD
Rolling ProcessUntil August 31, 20212 - 4 weeksTBDTBD

Applications for the September 2021 are now open.

KEY DATES

KEY DATES CLASS 2022  
August, 2021Move to Madrid. Get ready for the MiMReduced office hours on campus 8:30 am - 2:30 pm
August 30 - Sept 3, 2021*Orientation DaysMandatory
September 6, 2021*First day of classesMandatory
*these dates are subject to change

MiM TUITION FEES

PaymentsAmountDue Date
Commitment Fee€5,000see deadlines for more details
1st Tuition Installment€3,000see deadlines for more details
2nd Tuition Installment€30,900September 2021
Total Tuition Fee€38,900

  • The initial application fee is €40. This is payable through Embark during the online application process.
  • To hold your position once you have been accepted onto the MiM program, you must pay a non-refundable commitment fee of €5,000.
  • To confirm your intention to join the program you must pay a non-refundable reservation fee of €3,000.
  • Both fees are deductible from the total program cost and must be paid before the indicated dates. If you are admitted when applying to our last deadline, both fees must be paid together.

SCHOLARSHIPS

An IESE Master in Management is an investment in your future. And like all investments, it requires careful planning. Most students rely on multiple means of support, including personal resources, scholarships and the Global Loan program. Our Financial Aid Office will help you make informed decisions and find sources of finance.

To apply for any of the listed scholarships, you should apply for a general scholarship within your application to the program. The Admissions Committee will then assign the scholarship that suits your profile best.

IESE Ambassadors Scholarship

The IESE Ambassadors Scholarship awards 20 to 30 scholarships to students with outstanding academic records, excellent professional experience and personal merit. These students have exemplified a strong fit with IESE’s values.

IESE Women in Business Scholarship

IESE is committed to increasing the number of women leaders in business. These scholarships support women with a track record of outstanding academic accomplishment.

Forté Fellowship: Forte Foundation scholarships are open to all female applicants. Candidates should exhibit exemplary leadership through academic, team, community and creative leadership. Candidates should demonstrate a commitment to advancing women’s interests and represent diverse educational and work backgrounds, career goals, ethnicities and citizenship. The maximum amount of the scholarship is one year’s tuition fees

IESE Young Leaders in Africa Scholarship

IESE awards up to 3 scholarships covering up to 90% of the MiM tuition fees. To be eligible, candidates must be nationals of Africa and have outstanding academic records, leadership potential and personal merit. The standard commitment fee of 3.000 euros is still required by the payment deadline to secure your seat along with the scholarship and will be fully refundable after the start of the program.

IESE Young Leaders in Emerging Markets Scholarship

The MiM program welcomes talented young professionals from developing economies. These scholarships support outstanding candidates who live and work in a developing country.

IESE Diversity Scholarship

IESE is committed to creating a diverse community for our students. This scholarship supports exceptional candidates from under-represented nationalities or unique profiles who can contribute positively to the classroom learning experience.

IESE Social Impact Scholarship

IESE values students who have made a significant social impact through their personal or professional experience. These scholarships are awarded to those who have made an outstanding contribution to society, by being involved in the non-profit sector or have helped to solve social or environmental issues.

IESE Young STEM Talent Scholarship

IESE supports students who have a strong background in science or technology and have the potential to drive innovation and technological advancements in their communities. These scholarships awards applicants who have shown interest and aptitude in areas such as big data, digital transformation, programming and artificial intelligence.

IESE University of Navarra Alumni Scholarship

IESE is the graduate business school of University of Navarra (UoN), and welcome alumni from the UoN family to our programs. These scholarships are awarded to applicants who are recent graduates from UoN and have an outstanding academic record (top 15% percentile of class or an overall grade average of 7.5 points and above), leadership potential and personal merit. This scholarship covers up to 50% of the MiM tuition fee.

IESE Young German Talent Scholarship

These scholarships are for talented young professionals who are nationals of Germany and have outstanding academic records, leadership potential and personal merit.

IESE Young Italian Talent Scholarship

These scholarships are for talented young professionals who are nationals of Italy and have outstanding academic records, leadership potential and personal merit.

IESE Young France Talent Scholarship

These scholarships are for talented young professionals who are nationals of France and have outstanding academic records, leadership potential and personal merit.

IESE Tomorrow's Leaders Scholarship

These scholarships are awarded to young professionals who have displayed a high level of leadership and initiative. Applicants should demonstrate a proven track record of leadership in business or extra-curricular activities.

APPLICATION PROCESS FOR SCHOLARSHIPS

Scholarships are granted in all rounds, with the greater part of them being awarded in the first rounds. The Scholarship Committee meets at least once for each round of applications. Most scholarships at IESE are merit-based, meaning that they are awarded for outstanding academic and professional achievements as well as fit with the school. The GMAT score also plays an important role in securing them. Single scholarships can be up to 60% of tuition fees. All scholarship candidacies are covered by one dedicated essay within the application.

FINANCIAL LOANS

There are several options open to you in terms of financing your IESE MiM. As an IESE student you may be eligible to apply for a number of loans, including the MiM Global Loan.

You can find information about IESE loans and scholarships, support and answers to your questions at the Financial Aid Office. Our team will work with you to help you make an informed decision on financing your Master in Management.

Loan Programs

IESE – BANCO SABADELL GLOBAL LOAN
The Global Loan is the result of a partnership between IESE Business School and Banco Sabadell, Spain’s fourth-largest bank. It provides financing towards tuition fees. More than 1500 students have financed their studies through the loan since 2004.

The loan aims to ensure that there are financial options available for any exceptional individual with the potential to become a world-class manager.

General Conditions & Highlights:

  1. Maximum amount: Up to 80 percent of the tuition fee as long as the student meets the bank application requirements. 100 percent can be met with extra guarantees.
  2. Repayment period: 8 years
  3. Capital deferment: first 2 years
  4. Very competitive interest rates

Please click here to download Bank’s Sabadell Brochures. You can apply for the loan through the website or at any branch of Banco Sabadell. Additionally, the application can be submitted to the bank by filling out the pdf and sending it to the bank by email: iese@bancsabadell.com with attachments.

Please consult the Documentation Global Loan to see the list of documents required. You can also see how the application process works by clicking here.

For more information please contact the Financial Aid Office or Bank Sabadell directly (email: iese@bancsabadell.com, tel: 902 323 000).

PRODIGY FINANCE LOAN PROGRAM FOR INTERNATIONAL STUDENTS

IESE Business School works with Prodigy Finance to offer an innovative lending model providing community-funded loans to international students. Accepted students into the full-time MBA program are eligible to apply.

The loan provides financing towards tuition fees through the assessment of applicants’ future earning potential (based on the past achievements of similar graduates) to determine loan affordability.

The Prodigy program is applicable to 150 nationalities.

General Conditions & Highlights:

  1. Maximum amount: 80% Cost of Attendance.
  2. No collateral nor guarantees are required.
  3. Repayment period: 7 or 10 years, with no penalties for early repayment.
  4. Capital deferment: 6 months grace period (after class finishes) for the MBA.
  5. Competitive interest rates vary depending on individual applicants.

Please click here to download Prodigy Finance’s Brochure. See more detail about the terms and conditions, and how to apply for a loan on Prodigy Finance’s website. For more information please contact the Financial Aid Office.

U.S. FEDERAL DIRECT LOANS FOR U.S. AND ELIGIBLE NON U.S. STUDENTS

IESE Business School is registered at the U.S. Department of Education as an accredited foreign school and participates in the William D. Ford Federal Direct Loan program. Eligible students may apply for the Federal Direct Unsubsidized Loan and Federal Direct PLUS Loan and may borrow up to their full cost of attendance for their program minus any other financial aid received.

General Conditions & Highlights:

According to the U.S. Department of Education requirements, IESE Business School makes available to prospective and enrolled students information about the following policies:

  1. Consumer Information Disclosure
  2. Return of Title IV Funds Policy, by IESE Business School
  3. Satisfactory Academic Progress Policy

Important Restriction:

Students funded with D. William Ford Federal Direct Loan program have restrictions according to the U.S. Department of Education’s Rules. Students of the Full-time MBA program are not allowed to attend the international module in New York and the exchange programs in U.S. nor any other ineligible school. Additionally, Full-time MBA students are not allowed to attend the internship that takes place in U.S. Also this funding is not available for Global Executive MBA (GEMBA) students and other programs such as Executive MBA, PhD and other non- degree programs (such as Executive Education programs) are ineligible programs to US borrowers.

Information about loans can be found at the Federal Student Aid website and by contacting Financial Aid Office.

US PRIVATE LOANS (SALLIE MAE)
 Sallie Mae helps U.S. citizens to save, plan, and pay for their education. Their Graduate Student Loans are available to American students at IESE. 
GI BILL
Americans who qualify can apply for benefits through the U.S. Department of Veterans Affairs G.I. Bill.
CANADIAN GOVERNMENT LOANS
Canadian students may be eligible for government student loans.

Please click here to download all Financial Aid Brochures. Before applying any loan, we suggest to read FAO Best practices on student loan. For more information please contact the Financial Aid Office.