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IE Business School
Established 1973
Type Private business school
President Diego del Alcázar
Dean Santiago Iñiguez
Students 7,800
Location Madrid, Spain
Campus Urban
Main campus building

IE Business School is an independent, non-profit business school founded in 1973 by Diego del Alcázar. The School runs master's degree programs, executive master's degrees, executive education programs, and Ph.D. and DBA programs. Approximately 7,800 students from 88 countries undertake degree programs at IE each year. There are approximately 5,600 annual participants in the school's executive education programs.

In 2008, 48.5% of the professors were of non-Spanish origin, and there were 81 nationalities on campus.[citation needed]

Top recruiters include: Accenture, Adecco, Amadeus, Banco Santander, Banesto, BBVA, Chrysler, Daimler AG, Deloitte, Deutsche Bank, Ernst & Young, Ford, Google, Heineken, Indra Sistemas, Johnson & Johnson, KPMG, L'Oreal, Landwell, McKinsey & Company, Microsoft, Pfizer, Siemens and Telefónica.[citation needed]

The School has offices in 22 countries and approximately 40,000 alumni residing in 102 countries.[citation needed]

The IE Business School campus is in the center of Madrid.


Partner schools and institutions

IE Business School has MBA student exchange programs with 53 international universities. The School is one of the founding members of SUMAQ, a network comprising business schools in Spain and Latin America. IE has an agreement with Northwestern University School of Law,[citation needed] with whom it runs a Master of Laws, and the Fletcher School at Tufts University,[citation needed] with whom it runs a dual degree in the fields of business management and international relations. The school also has an agreement with University of Chicago Graduate School of Business[citation needed] to run the Global Senior Management Program (GSMP).

The School has an agreement with Babson College[citation needed] to run joint executive education programs in the field of entrepreneurship, and partners with the Wharton School in the Global Consultancy Program.[citation needed]

IE Business School has a dual degree option in collaboration with the Massachusetts Institute of Technology (MIT).[citation needed]

IE is currently developing research and teaching opportunities with Brown University,[citation needed].


IE runs the ICEVED-International Center for Entrepreneurship and Ventures Development (, a portal for member schools, investors and entrepreneurs.

IE is the Spanish arm of the GEM (Global Entrepreneurship Monitor) Report, which studies the relationship between levels of innovation, the creation of new businesses and economic growth worldwide.

The School's Venture-Lab (V-lab) is a support framework for students' business projects.

Business plan development is a core component of all master degree programs.

25% of IE MBA graduates set up their own companies.



MBA programs

International MBA

IE's full-time MBA runs for 13 months, from either November or April to December or May, respectively, of the following year. The IMBA 2008 intake comprised 91.5% international students and 68 nationalities.[citation needed]

The program is divided into five modules and a pre-program covering quantitative methods and financial accounting.

The International MBA Program has a Spanish version and an English version with electives in English or Spanish.

Global MBA

The Global MBA at IE is an online program that runs for 15 months. Participants also attend blended sessions or community integration events in Shanghai, New York, London or Madrid, among other cities. The English version of the program (September 2009 intake) has 65 students comprising 34 nationalities.

International Executive MBA

The IE International Executive MBA program is a thirteen-month program run in English. It is based on a blended format combining in-person sessions in Madrid and Shanghai with periods of online learning and team collaboration. The average age of program participants is 36 and average number of countries of origin is 26.[citation needed]

Master in Management Programs

IE Master in Management Programs comprise:International Management, Marketing Management, Telecom & Digital Business and Biotechnology Management. In 2007, the aggregate class profile of these programs comprised 38 nationalities, with an average age of 23 years and an average of 2 years' of professional experience. 49% of the students were women. The different Master in Management Programs include periods abroad in Shanghai, London and Silicon Valley. IE Master in Management Programs partners are Accenture (global), Grupo Telecinco (marketing), Cisco, Nokia, and Telefónica (telecom & digital).[citation needed]

Executive education programs

Approximately 5,600 participants attend open and in-company programs at IE Business School each year.

The English edition of the Advanced Management Program (AMP) was created in 2003, and the Global Senior Management Program (GSMP) in 2004. The GSMP is a joint venture with the University of Chicago Booth School of Business.


IE is accredited by the three leading accreditation entities for business education: AACSB, EQUIS and AMBA.[1][2] [3]

Prominent faculty

  • Gayle Allard, Noted economist, and expert in welfare-state policies. Vice-Rector of Research at IE University. Research Economist for the Economist Intelligence Unit.
  • Alberto Andreu Pinillos, Expert on Corporate Social Responsibility.
  • David Bach, Authority on Nonmarket Strategy, 'One to Watch' ("Up and Coming Guru") in the 2007 Thinkers 50 Ranking.
  • Manuel Becerra, - Editorial Board member for Academy of Management Review since 2008, Associate Editor, Journal of Management, 2005-08. Editorial Board member since 2008, Editor, Revista de Empresa, 2002-2004. Editorial Board member since 2004, Editorial Board member for Management Research since 2002, Editorial Board member for Journal of International Business Studies, 2000-02, Scientific Committee Member, Ibero-American Academy of Management, 1999-2003.
  • Salvador Carmona, Editor, European Accounting Review (EAR).
  • Enrique Dans, Information Systems professor and author of leading Spanish-language technology blog[1]
  • Eduard Punset Casals, Innovation and technology professor, lawyer, economist, and scientific popularizer.
  • Eric Reiss, Former President of the Information Architecture Institute and author of Practical Information Architecture.
  • Martín Varsavsky, Argentine entrepreneur, author and professor.

Notable alumni


Program Rankings

  • Financial Times, January 2010, MBA Ranking, 6th worldwide, 3rd in Europe, 1st in Spain[2]
  • Financial Times, May 2009, Top Executive Education Open Programmes 2009, 4th worldwide, 2nd in Europe[4]
  • Financial Times, January 2009, MBA Ranking, 6th worldwide, 3rd in Europe, 1st in Spain[5]
  • Financial Times, December 2009, European Business Schools Ranking, 5th in Europe, 1st in Spain
  • Financial Times, October 2009, Executive MBA Ranking, 7th worldwide, 2nd in Europe
  • BusinessWeek, November 2009, Executive MBA, 6th worldwide, 1st in Europe [4]
  • BusinessWeek, November 2008, Non-U.S. MBA Programs, 2nd worldwide, 1st in Europe
  • Forbes, August 2009, Top Non-U.S. One-Year Business Schools, 3rd worldwide, 4th in Europe[6]
  • The Economist, October 2009, MBA Ranking, 16th worldwide, 7th in Europe
  • The Economist, December 2006, Executive Education Ranking, 5th worldwide
  • América Economía, November 2009, Executive Education Ranking, 7th worldwide, 1st in Europe
  • Quacquarelli Symonds, 2006, QS Top MBA, Global Recruiters' Top 100 Business Schools, 3rd in Europe

Rankings by Specialization

  • Financial Times, January 2008, Top Ten Schools in Selected Categories:[9]
    • Organizational Behavior, 1st worldwide
    • Corporate Social Responsibility, 2nd worldwide, 1st in Europe
    • Entrepreneurship, 5th worldwide, 1st in Europe
    • International Business, 6th worldwide, 2nd in Europe
    • Economics, 7th worldwide, 1st in Europe
    • Information Technology, 8th worldwide, 1st in Europe
    • Marketing, 9th worldwide, 2nd in Europe
    • Corporate Strategy, 9th worldwide, 3rd in Europe
  • Quacquarelli Symonds, 2007, QS Top MBA, Top Business Schools by Specialization:[10]
    • Entrepreneurship, 1st worldwide
    • Operations Management, 4th worldwide, 1st in Europe
    • International Management, 5th worldwide, 2nd in Europe
    • Information Management, 7th worldwide, 2nd in Europe
    • Corporate Governance, 8th worldwide, 1st in Europe
    • E-Business, 8th worldwide, 3rd in Europe
    • Leadership, 8th worldwide, 2nd in Europe
    • Marketing, 9th worldwide, 2nd in Europe
    • Strategy, 9th worldwide, 3rd in Europe
    • Finance, 12th worldwide, 3rd in Europe

Other Rankings

  • Financial Times, October 2007, Executive MBA Ranking, 1st in Salary increase, 2nd in Aims achieved, and 3rd in Career progress.
  • Financial Times, January 2008, MBA Ranking, 2nd in Salary increase, 2nd in Career progress.
  • Economist, 2007, 4th in Open new career opportunities, 6th in Student diversity.
  • Economist, January 2008, Top ten distance learning programmes, 2007, 2nd worldwide, 1st in Programme content category.
  • Aspen Institute, October 2007, 5th worldwide in Coursework ("schools that best integrate social, environmental and ethical issues into the classroom experience")[11]


IE Business School is situated in Madrid's financial district. The IE campus currently occupies a total surface area of some 23,700m2 (including garage space). This includes 43 lecture halls with an average capacity of 50 students each, 5 computer rooms, 73 breakout rooms (with an average capacity of 10 students per room), a main auditorium ("Aula Magna"), and the IE library. The lecture halls and breakout rooms are not all centralized in one building. They are mostly spread across different parts of Calle Maria de Molina (between metro stations Gregorio Marañón and Avenida de America). The main building lies at the junction of Calle Serrano and Calle Maria de Molina.

IE Media Campus

The Media Campus is IE Higher Education's tube site, where media items are uploaded for viewing by members of the IE community.


  1. ^ "AACSB, Schools Accredited in Business"
  2. ^ "EQUIS, Accredited Members"
  3. ^ "Association of MBAs (AMBA), Accredited MBA Programmes"
  4. ^ MBA Channel: "BusinessWeek: Kellog ranked 1st", 16.11.2009

External links

Institutional Websites

40°26′18″N 3°41′18″W / 40.4382928°N 3.688209°W / 40.4382928; -3.688209Coordinates: 40°26′18″N 3°41′18″W / 40.4382928°N 3.688209°W / 40.4382928; -3.688209


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