MiM TUITION FEES
• 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 3 weeks after you receive your acceptance letter.
CALENDAR OF PAYMENTS
The deadlines for the program intake are as follows:
|Commitment Fee||€5,000||see deadlines for more details|
|1st Tuition Installment||€3,000||see deadlines for more details|
|2nd Tuition Installment||€32,500||September 2022|
|Total Tuition Fee||€40,500|
You can find information about IESE loans and scholarships, support and answers to your questions at the Financial Aid Office.
ESTIMATED LIVING EXPENSES
The estimated costs of living in Madrid are detailed below. Please note that these are estimates based on current students’ input.
|Category||Min (per month)||Max (per month)||Average (per month)|
|Housing & Utilities||€450||€1.170||€755|
|Telephone & Internet||€15||€25||€20|
|Entertainment & Other Expenses||€40||€590||€310|
*These estimates do not include the living costs for the 1 week international module in New York.