IESE: Wikis


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IESE Business School
Established 1957
Type Private
Endowment US$ 32.64 Million
Dean Jordi Canals
Staff 171
Students MBA 410, Executive MBA 450, Global Executive MBA 60, PhD 50, Executive Education 520.
Location Spain Barcelona, Madrid, Spain
Campus Urban
Magazine IESE Alumni Magazine
IESE Business School of the University of Navarra: A top business school, according to Financial Times and the Economist Intelligence Unit.

IESE Business School, the graduate business school of the University of Navarra, is ranked as a top 3 business school in Europe and is renowned for its MBA and Executive MBA programs. IESE has campuses in Barcelona and Madrid. IESE is an initiative of Opus Dei, a personal prelature of the Catholic Church. IESE's endowment in December 2006 stood at an all-time high of US$32.64 million.

IESE stands for "Instituto de Estudios Superiores de la Empresa" in Spanish and in English: "Institute of Higher Business Studies" or "International Graduate School of Management".



Its main features are:

  • An international character that combines a global mindset with an understanding of the different cultural, institutional and social dimensions that play a role in business in different regions.
  • A general management view of companies and business problems and challenges.
  • A culture of learning that helps participants ask not only what, but why and how.
  • The human and ethical values indispensable for personal growth and corporate sustainability.
  • The belief that business leaders can have a profound impact on people and society through professionalism, integrity and spirit of service, fostering in this way true corporate social responsibility.
  • A personalized approach to management education.
  • Rigorous research on real problems which are relevant to the business world. [1]
  • Comprehensive international exchange programs with top schools (e.g.,Duke (Fuqua School of Business), Columbia Business School, Kellogg, and the Tuck School of Business at Dartmouth College)

Some of the Programs Offered


In 1957 the first steps were taken towards the creation of IESE, which was founded in 1958 in Barcelona as the graduate business school of the University of Navarra.

Initially, the school offered an array of executive education programs for managers, at a time when the concept of executive education was scarcely known outside of the United States. The establishment of these programs, aimed mainly at experienced business leaders, constituted a landmark in the history of executive education in Europe. Since then, more than 32,000 people have taken part in such programs.

The school launched its MBA program in 1964, under the guidance of an advisory committee set up by Harvard Business School and IESE. It became the first two-year MBA program in Europe, drawing students from all over the world. The Harvard-IESE Committee continues to meet annually to discuss matters of mutual interest and relevance.

IESE opened its Madrid campus in 1974 to meet the high demand for executive education in the Spanish capital. In addition to executive programs, IESE today offers its Executive MBA program, as well as a host of in-company programs in Madrid.

In 1993, in response to a rapidly globalizing environment, IESE began forging joint-programs with a number of top U.S. business schools to offer open-enrollment and customized programs. The world was growing too complex, interconnected, and global for any single business school to claim to have all the answers. Partner schools have included Harvard Business School, Stanford, MIT Sloan School of Management and the University of Michigan Business School. The tradition of collaborating with leading schools to offer high-caliber programs with a trans-Atlantic perspective continues today.

In addition to these open-enrollment programs, the school has become a leading player in offering customized programs for executives, serving such prominent clients as Bertelsmann, Boeing, Henkel, Sun Microsystems, Telefonica and Visteon.

The school also launched the Global Executive MBA program, which integrates the latest distance learning technology with residential modules on three continents. Participants include experienced executives who are working all over the world.

Following the expansion of the Madrid campus in 2004, IESE inaugurated in 2007 new buildings at its Barcelona campus and established offices in New York. The school also has facilities in Munich and Sao Paulo. The new facilities will help IESE to provide the best possible services to companies and executives as well as create an important legacy for future generations.

The King and Queen of Spain officially inaugurated the new Barcelona campus in January, 2007. The new buildings contain state-of-the-art learning facilities, equipped with the latest technology.



  • 1957: Professor Antonio Valero lays the groundwork for the foundation of IESE
  • 1958: Advanced Management Program launched
  • 1959: Executive Development Program launched and Continuing Education programs for alumni introduced.
  • 1961: General Management Program launched. IESE Alumni Association established.
  • 1963: Harvard-IESE Joint Advisory Committee established.
  • 1964: Master of Business Administration Program (MBA) established.
  • 1967: IESE helps establish IPADE, the business school in Mexico City. Goes on to assist in the establishment of 11 other associated schools on 4 continents.
  • 1969: PhD in Management established.
  • 1974: Executive programs offered in Madrid.
  • 1980: IESE establishes Bilingual MBA Program.
  • 1982: Executive MBA established in Madrid.
  • 1989: International Advisory Board (IAB) established.
  • 1991: IESE's Madrid campus dedicated by King Juan Carlos I. International Faculty Development Program for business professors established.
  • 1992: New library building dedicated in Barcelona.
  • 1993: IESE introduces International Executive Education programs.
  • 1994: IESE's first international alliance program launched. Future partners to include Harvard Business School, MIT Sloan School of Management, the University of Michigan Business School.
  • 1996: Introduction of Short Focused Programs for senior managers.
  • 1997: ISE of Sao Paulo, Brazil founded.
  • 2001: Global Executive MBA established.
  • 2002: Advanced Management Program launched in Brazil; Campus expansion project.
  • 2003: Launch of Advanced Management Program in Barcelona. IESE and ISE launch program for Management Development in Brazil.
  • 2004: China International Executive Program launched, Barcelona-Shanghai. Ground is broken for new campus facilities in Barcelona. IESE inaugurates new Madrid Campus. IESE introduces Executive Development Program in Cairo, Egypt
  • 2005: Advanced Management Program launched in Munich, Germany. CEO's Forum launched. Program for Management Development begins in Madrid.
  • 2006: Harvard Business School, CEIBS and IESE launch the Global CEO Program for China. IESE introduces the Inside India Program in collaboration with the Indian School of Business. The school introduces the Advanced Management Program in Warsaw, Poland.
  • 2007: IESE establishes its offices in New York. New campus buildings in Barcelona inaugurated by King Juan Carlos I and Queen Sofía of Spain. The school celebrates its 50th anniversary.
  • 2008: Senior Executive Program in Miami launched. "Renovation on IESE's new center in New York begins".
  • 2009: Global CEO Program for Latin America begins.


IESE's MBA program is currently ranked as the top MBA program in the world according to the 2009 rankings published by The Economist[1].

IESE had previously ranked as number one business school in the world based on the study of the Economist Intelligence Unit of 2005 and 2006. The ranking criteria of the Economist are (a) Open new career opportunities (35%), (b) Personal development/educational experience (35%), (c) Increase salary (20%), and (d) Potential to network (10%). [2]

It ranked 11th in the world based on the study of the Financial Times in 2008. [3] and 1st non-U.S two year business school according to Forbes magazine. [4]

In its Executive Education 2000 survey published on May 23, The Financial Times ranked IESE one of the world's leading providers of open enrollment and in-company programs for global senior managers. In the global Top 20 ranking, IESE ranked 9th in the world and 2nd in Europe. The Financial Times also named IESE No. 1 in the world in two categories: internet usage and relevance of teaching in the workplace.

IESE is one of the world's pioneers in joint-venture executive education, offering open-enrollment programs in partnership with leading U.S. business schools and companies since 1994. The school's in-company programs have attracted such leading clients as Bertelsmann, British Telecom, Boeing, Fortis, Henkel, Sun Microsystems and Volkswagen in recent months. [5]

Notable alumni


Accounting and Control

  • Marc Badia
  • Antonio Dávila
  • Albert Fernández
  • Mª Jesús Grandes *
  • Markus Maedler
  • Luis Palencia
  • Fernando Peñalva
  • Josep Maria Rosanas
  • Juan Carlos Vázquez-Dodero
  • Manuel Velilla
  • Eric Weber
  • Tim Sutton
  • José Ocáriz
  • Fernando Pereira
  • Antoni García Prat
  • Ignacio Urrutia

Business Ethics

  • Joan Fontrodona *
  • Sophia Kusyk
  • Domènec Melé
  • José R. Pin
  • Juan Carlos Vázquez-Dodero
  • Maximilian B. Torres
  • Oscar González-Peralta


  • Antonio Argandoña
  • Luís Cabral
  • Rolf Campos
  • Jordi Canals
  • Núria Mas
  • Alfredo Pastor
  • Sanjay Peters
  • Joan Enric Ricart *
  • Juan José Toribio
  • Pedro Videla *
  • Xavier Vives
  • Javier Díaz-Giménez
  • Bernardo Villegas
  • José Ocáriz
  • Jordi Gual
  • Víctor Pou
  • Joaquim Triadú


  • Antonio Dávila
  • Hakan Ener
  • Istvan Muktambar Fülöp
  • Pedro Nueno
  • Mª Julia Prats *
  • Juan Roure
  • Rama Velamuri
  • Christoph Zott
  • Rob Johnson
  • Luis Martín Cabiedes
  • Jan Oosterveld

Financial Management

  • José Manuel Campa
  • Miguel Cantillo
  • Javier Estrada *
  • Pablo Fernández
  • Heinrich Liechtenstein
  • Eduardo Martínez Abascal
  • Ahmad Rahnema
  • Pedro Saffi
  • Javier Santomá
  • Jan Simon
  • José Luis Suárez
  • Antoni Subirà
  • Carles Vergara
  • Xavier Vives
  • Josep Faus
  • Javier Aguirreamalloa
  • Jose Paulo Carelli
  • Enrique Chinchilla
  • Uli Grabenwarter
  • Félix Huerta
  • Joan Mons
  • Marian Moszoro
  • Juan Palacios
  • Prudencio Pedrosa
  • Carlos Sancho
  • Jorge Soley
  • Miguel Tejeiro

Information Systems

  • Rafael Andreu
  • Gabriel Giordano
  • Evgeny Káganer
  • Sandra Sieber *
  • Josep Valor
  • Laureano Berasategui
  • Ramón O'Callaghan

Managerial Decision Sciences

  • Miguel Angel Ariño *
  • Rafael de Santiago
  • Franz Heukamp
  • Miguel Ángel Canela
  • Roberto García Castro
  • Pere Agell
  • Javier Gómez

Managing People in Organizations

  • Santiago Alvarez de Mon
  • Pablo Cardona *
  • Mª Nuria Chinchilla
  • Sandalio Gómez
  • Mireia las Heras
  • Yih-teen Lee
  • Brian O'Connor Leggett
  • Paddy Miller
  • José R. Pin
  • Steven Poelmans
  • Javier Quintanilla
  • B. Sebastian Reiche
  • Carlos Rodríguez Lluesma
  • Carlos J. Sánchez-Runde
  • Guido Stein
  • Marta Elvira
  • Maximilian B. Torres
  • José María Rodríguez
  • Cesar Bullara
  • Joan de Dou
  • Francisco Gay
  • José Luis Illueca
  • Jorge Mitsuru
  • Maruja Moragas
  • Conor Neill
  • Alberto Ribera
  • Karen Sanders


  • Silvia Bellezza
  • Mario Capizzani
  • Vicente Font
  • Carlos García Pont
  • Jorge González
  • Francisco Iniesta
  • José Luis Nueno
  • Lluís G. Renart
  • Elena Reutskaja
  • Paulo Rocha e Oliveira
  • José Antonio Segarra
  • Juan Manuel de Toro
  • Julián Villanueva *
  • Stefan Stremersch
  • Juan Farrán
  • Cosimo Chiesa
  • Paulo Roberto Ferreira
  • Enrique Morera
  • Xavier Oliver
  • Carlos Pérez Castro
  • Victoriano Vila

Production, Technology and Operations Management

  • Eduard Calvo
  • Adrian A. Done
  • Alejandro Lago
  • Víctor Martínez de Albéniz
  • Philip G. Moscoso
  • Beatriz Muñoz-Seca
  • Jaume Ribera *
  • Josep Riverola
  • Frederic Sabrià
  • Marc Sachon
  • Natalia Yankovic
  • Miguel Angel Llano
  • Lorenzo Dionis
  • Luis María Huete
  • Carlos Racca
  • Magda Rosenmöller
  • Fernando Serra

Strategic Management

  • Rafael Andreu
  • Africa Ariño
  • Pascual Berrone
  • Jordi Canals
  • Bruno Cassiman
  • Fabrizio Ferraro
  • Rafael Fraguas
  • Pankaj Ghemawat
  • Johanna Mair
  • Pinar Ozcan
  • Joan Enric Ricart *
  • Mike Rosenberg
  • Josep Tàpies
  • Marco Tortoriello
  • Joaquim Vilà
  • Govert Vroom
  • Adrian Caldart
  • Carles Cavallé
  • Juan Manuel Elorduy
  • Miguel Angel Gallo
  • Esteban Masifern
  • Luis Manuel Calleja
  • Alfonso Chiner
  • Kimio Kase
  • Jaume Llopis
  • Juan Luis López Cardenete
  • Enrique Mozo
  • Christian Seelos

IESE's International Advisory Board

In keeping with IESE's international outlook, an International Advisory Board has been operating since 1989, composed of Chairmen and CEO's from multinational corporations in Europe, Asia and the Americas. The IAB's mission is to advise IESE's management on all matters related to current trends in the economy and business management.

IESE’s International Advisory Board meets annually to discuss the school’s development over the past year, as well as upcoming challenges and goals. The most recent edition of the meeting was held on April 17, 2009.

IAB Members

Associated Business Schools

In the same way that IESE was guided by Harvard Business School when it was first established, IESE has helped establish various other high-quality business schools, mainly in developing regions of the world. These schools include:

  • IPADE (Instituto Panamericano de Alta Dirección de Empresa)

Universidad Panamericana, Mexico City, Mexico, Founded in 1967

  • IAE (Escuela de Dirección y Negocios)

Universidad Austral, Buenos Aires, Argentina, Founded in 1978

  • PAD (Escuela de Dirección de la Universidad de Piura)

Universidad de Piura, Peru, Founded in 1979

  • AESE (Associaçao de Estudos Superiores de Empresa)

Lisbon, Portugal, Founded in 1980

  • INALDE (Instituto de Alta Dirección Empresarial)

Universidad de la Sabana, Bogotá, Colombia, Founded in 1986

  • LBS (Lagos Business School)

Pan-African University, Lagos, Nigeria, Founded in 1992

  • IDE (Instituto de Desarrollo Empresarial)

Guayaquil, Ecuador, Founded in 1993

  • CEIBS (China Europe International Business School)

Shanghai, China, Founded in 1994

  • IEEM (Instituto de Estudios Empresariales de Montevideo)

Universidad de Montevideo Montevideo, Uruguay, Founded in 1994

  • School of Business Administration

University of Asia and the Pacific, Manila, Philippines, Founded in 1995

  • ISE (Instituto Superior da Empresa)

São Paulo, Brazil, Founded in 1997

Universidad de los Andes (Chile), Santiago, Chile, Founded in 1999

  • SBS (Strathmore Business School)

Strathmore University, Nairobi, Kenya

Smart Village, 6th of October City, Egypt, Founded in 2009

IESE International Case Competition

The IESE International Case Competition is an annual business case competition run by IESE for MBA students from across the world. The competition has been held since 1995, and is sponsored by Roland Berger Strategy Consultants.

Winning Teams

  • 2008:
    • 1st: Chicago GSB - Bharat Kapoor, Dustin Lyman, Nayan Patadia, Michelle Warner
    • 2nd: Oxford - Mark Davis, Carlos Clavijo, Victor Martínez-Sánchez, Ke Dai


External links

Coordinates: 41°23′37.27″N 2°6′28.26″E / 41.3936861°N 2.10785°E / 41.3936861; 2.10785


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