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 ReleasedDeadline 1st depositDeadline 2nd deposit
1September 19, 2019October 17, 2019October 31, 2019May 31, 2020
2October 31, 2019November 28, 2019December 12, 2019May 31, 2020
3December 12, 2019January 9, 2020January 23, 2020May 31, 2020
4January 23, 2020February 20, 2020March 5, 2020May 31, 2020
5March 5, 2020April 2, 2020April 16, 2020May 31, 2020
6April 16, 2020May 14, 2020May 28, 2020TBD
7May 28, 2020June 25, 2020TBDTBD
Rolling ProcessFrom May 29, 2020Rolling, 2 - 4 weeksTBDTBC

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
  • CV
  • English Test
  • 1 letter of recommendation
  • Mandatory essays (online form)
  • Military or Civil Service Obligation 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
  • Clip each of the different documents separately
  • Do not submit books, theses, or other materials not requested in this section. The GMAT (The Graduate Management Admissions Test) or GRE is mandatory for all candidates. If you have taken both, please submit both scores.

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 100€ 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
R1September 19, 2019October 17, 2019October 31, 2019May 31, 2020
R2October 31, 2019November 28, 2019December 12, 2019May 31, 2020
R3December 12, 2019January 9, 2020January 23, 2020May 31, 2020
R4January 23, 2020February 20, 2020March 5, 2020May 31, 2020
R5March 5, 2020April 2, 2020April 16, 2020May 31, 2020
R6April 16, 2020May 14, 2020May 28, 2020TBD
R7May 28, 2020June 25, 2020TBDTBD
Rolling ProcessFrom May 29, 2020Rolling, 2 - 4 weeksTBDTBD

KEY DATES

KEY DATES CLASS 2021  
August, 2020Move to Madrid. Get ready for the MiMReduced office hours on campus 8:30 am - 2:30 pm
September 1-4, 2020*Orientation DaysMandatory
September 7, 2020*First day of classesMandatory
*Theses dates are subject to change.

MiM TUITION FEES

PaymentsAmountDue Date
Commitment Fee€5,0002 weeks after admissions decision
1st Tuition Installment€2,580Up to May 31, 2020 (Date will vary for later rounds. Refer to admittance letter)
2nd Tuition Installment€30,320September 2020
Total Tuition Fee€37,900

  • The initial application fee is $100. This is payable through Embark during the online application process.
  • To hold your position once you have been accepted onto the MBA 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 €2,580.
  • 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

Several scholarships are available to incoming IESE students. IESE scholarship applications should be completed and submitted within the MiM application form to the Admissions Department as early as possible. The Scholarship Committee takes the final decision on which type of scholarship each admitted candidate receives. Candidates are requested to submit just one scholarship essay with their application.

IESE TRUST SCHOLARSHIPS

The IESE Trust awards scholarships to students with outstanding academic records, excellent professional experience and personal merit. The scholarships cover up to 60% of tuition fees. Please note that living expenses are not covered by any of the scholarships. The Trust Scholarships are awarded at the discretion of the Scholarship Committee.

THE MiM ADMISSIONS SCHOLARSHIP

The MiM Admissions Department grants a scholarship to outstanding candidates with verifiable financial constraints.

FORTÉ (FOUNDATION FELLOWSHIPS)

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

SCHOLARSHIPS FOR STUDENTS FROM DEVELOPING COUNTRIES

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

IESE ALUMNI ASSOCIATION SCHOLARSHIPS

The IESE Alumni Association awards scholarships covering up to 50% of tuition fees the MiM program. These scholarships are for future MiM students who have demonstrated exceptional work experience and personal merit.

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’ll find information, support and answers to your questions at the IESE 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.