Full-time One year program. Intakes November and April. Core Period - English or Spanish.
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1 International MBA A world of change. A world of opportunities Full-time One year program. Intakes November and April. Core Period - English or Spanish. Electives - Selected in either English or Spanish. Monday through Friday
2 International MBA IE, a school that forms opinions. A school that makes a difference At IE Business School, innovation is a way of life. For over three decades, we have prepared managers and entrepreneurs for a world that is constantly changing, a world in need of leaders whose innovative thinking turns challenges into opportunities. More than 40,000 alumni have lived the IE experience and now hold management positions in more than 100 countries, a dense network of IE ambassadors spanning five continents. If I had to state what differentiates IE Business School, I would without a doubt say that it is how our programs bring together incredibly diverse groups of students and faculty in an intensive learning experience, against the backdrop of a major European capital city. Our learning model puts students at the center, is eminently practical and ensures that students acquire not only the technical know-how but also the mindset and interpersonal skills that are essential for a successful professional career. Add to this our strong ties to the business community and you have all the ingredients for a program that optimally prepares graduates for a demanding global job market. This is how we recreate the IE experience each day, with the work and enthusiasm of all those who form part of the IE Business School community. It's an experience that has positioned us as an innovative and entrepreneurial school consistently ranked among the very best in the world. A school that forms opinions. A school that makes a difference. Santiago Íñiguez. Dean, IE Business School Recognized excellence IE Business School is consistently ranked as one of the best business schools in Europe and the world. MBA ranking - 3 rd in Europe. 6 th worldwide January 2009 Executive MBA - 1 st in Europe. 7 th worldwide October 2009 Distance Learning MBA ranking - 1 st in Europe. 2 nd worldwide MBA - 6 th in Europe. 16 th worldwide January 2008 October 2009 MBA ranking - 3 th worldwide September 2009 With the highest student satisfaction rating of all of BusinessWeek's ranked schools, U.S. and international, IE's student body is among the most diverse in the world. Executive MBA - 1 st in Europe. 15 th worldwide 2008 Non US MBA - 1 st in Europe. 2 nd worldwide 2008 MBAs - 1 st Worldwide September 2009 BusinessWeek, November 2008 CSR - 1 st in Europe. 10 th worldwide October 2007 IE Business School is fully accredited by the three leading accreditation agencies in the management education arena: AACSB, EQUIS and AMBA, guaranteeing the quality and academic rigor of our programs. Faculty IE Business School has a world class faculty of more than 110 full-time professors, who maintain strong links with the corporate world through applied research and consultancy. In addition, more than 250 adjunct professors - business professionals who bring their practical insights straight into the classroom - help impart the most cutting edge management techniques available. IE Business School Faculty Profile Nationalities 23 International 47% Women 31% PhD 89%
3 Developing Responsible Leaders At IE we believe that business forms an integral part of society. Business and commerce bring people together and are therefore an essential source of global understanding. Our programs develop socially responsible leaders who are ready to do their part to confront pressing global challenges such as climate change, poverty, and disease. Social responsibility is not a course at IE; it is part of everything we do. Among IE's many Centers of Excellence, the Corporate Responsibility Center (CRC), run in conjunction with PriceWaterhouseCoopers, occupies a special place. Through the CRC, faculty, business leaders, and students focus on research, training and the dissemination of insights in three basic areas: good governance and transparency; environment and sustainability; society and diversity. IE's commitment to social responsibility led the school to establish a unit dedicated to Social Impact Management, which now plays a pivotal role in the school s activities and in all academic areas. The IE Alumni Association created and funds the school's Chair in Corporate Ethics as a platform for research and teaching on ethical business decision making. In addition, the school has adopted an IE Code of Ethical Conduct, the result of a joint effort by professors, students and alumni, to govern each degree program. Careers Management Center IE's Careers Management Center (CMC) is a life-long career partner to our students and alumni. The center's mission is to equip IE graduates with the skills and tools to successfully manage their careers in an increasingly competitive global talent pool. CMC staff work with students throughout the year as part of the curriculum and also coach students individually on their student career goals and strategies for attaining them. The key event in the CMC calendar is the Annual Careers Fair, which brings together IE students and recruiters from around the world looking for talent. Other activities throughout the year include company presentations, industry round tables, peer counseling by recent graduates, workshops, special training sessions, mock interviews and the continuous updating of the online job bank to help each IE graduate find the right job. careers.ie.edu "A key differentiator in my MBA experience at IE was the incredible opportunity to work on business plan development with female entrepreneurs from Africa with the potential to make a difference in their respective countries. The chance to put newly acquired skills into practice for such a rewarding cause was priceless!" Angela Nantulya (Uganda, Kenya, UK), Class of 2008 PriceWaterhouseCoopers "Both the professional and personal experience gained during my MBA studies at IE gave me a distinct competitive advantage over other MBAs and provided me with multiple opportunities in a period of economic slowdown." Alumni Association The Alumni Association fosters relations between IE Business School graduates and acts as a networking platform for its 40,000 alumni members in over 100 countries around the world. In combination with the iecommunities, an innovative set of user-driven online platforms organized around industries, job functions, and geographic regions, the Alumni Association promotes life-long learning and continuous training, ensuring the latest insights are always available to IE graduates. alumni.ie.edu Aiste Slabokaite (Lithuania), Class of 2008 Deutsche Post World Net Inhouse Consulting GmbH
4 IE Business School: Innovation & Entrepreneurship IE was created by a group of entrepreneurs, for entrepreneurs. While entrepreneurship is commonly seen as an activity, at IE we think of it as a mindset. Entrepreneurs are the quintessential agents of change. Being an entrepreneur does not necessarily mean starting your own business, although more than 10 percent of IE graduates do just that. Venture Lab is a single hub for all types of entrepreneurial activities: new business projects, family business projects, corporate projects, and social projects. The Venture Lab, with the support of Caja Madrid, a leading Spanish financial institution, promotes the development of entrepreneurs by providing students with an opportunity during the Electives Periods to turn their dreams and passions into real business projects. More than two hundred tutors support student teams as their work passes multiple milestones all the way to the Venture Day, the culmination of many months of work when the best teams get a chance to present their projects to groups of angel investor and entrepreneurs. "Attending IE was mainly motivated by the strength the school has demonstrated in all Entrepreneurship related aspects. I decided to focus on the V-Lab, which gave me the chance to implement what I had learned throughout the year, not only in technical terms but also from a strategical and analytical perspective. The V-Lab project was indeed one of the best decisions I could have made, providing me with an inspiring, enlightening and dynamic experience." Dionisio Uria (Spain), Class of 2008 Uría Menendéz Global Opportunities within the International MBA Wharton Global Consulting Practicum* IE teams with The Wharton School to deliver a unique practical experience during the MBA program, where five students form a consulting team and advise a firm exploring international expansion. This hands-on experience is an ideal opportunity to apply the concepts, methods and skills from the classroom to a concrete business problem in real time. Short Exchange Programs* For students who would like to benefit from the expertise of some of our elite partners but who do not want to study abroad for an entire period, IE offers innovative short exchange programs, generally a week long, with a few select business schools that are leaders in their respective fields. International Exchange Program* IE Business School partners with more than 40 different leading business schools worldwide to enable students to take their elective courses around the globe, allowing an additional international experience to grow culturally within another environment and work with students from the local university. IMBA in Practice The International MBA program and its modules are designed to provide the flexibility for a select group of students to pursue an optional 6 to 10 weeks internship - a unique opportunity within a one-year intensive MBA program! You will receive elective credit for the approved internship, which may be carried out in any country or sector. Dual Degree Programs IE has partnered with two world-class institutions to create dual degree programs that offer unique combinations of general management capabilities and specialized expertise. IE - Fletcher School of Law and Diplomacy Dual Degree, Tufts University (USA) IE - Massachusetts Institute of Technology (MIT) and Zaragoza Logistics Center (ZLC) Dual Degree *May vary by intake
5 The International MBA IE's International MBA can be pursued in either English or Spanish. In addition, students may take Spanish or English language classes throughout the year to graduate with a strong command of another language. The elective periods allow students to select classes, not only by focus, but also by language, as classes are offered in both English and Spanish. Getting started IE offers introductory, intensive Spanish classes prior to the start of the program that help students advance their knowledge of the world's second most important business language and ease into their new life in Madrid. Pre-program Quantitative Methods and Financial Accounting are offered either online or on campus for those students with limited quantitative training or those wishing to brush up on their math skills. Orientation Days An opportunity to meet new classmates in a relaxed atmosphere and to explore IE and Madrid. A series of cultural seminars, workshops, and activities breaks the ice and gets everybody ready for the program start. Teaching methodology Almost all IE classes rely on the case method to drive the learning experience, though professors also frequently use other techniques, such as role playing, multimedia applications, and online business simulations. IE classes are not abstract or focused on theory. Instead, participants learn concepts, tools and theoretical foundations of management through the examination of real companies in the real world. Students are assigned to small work groups designed to maximize diversity in which they discuss and prepare cases and complete assignments. Curriculum The IE International MBA curriculum, which was named the most innovative curriculum of any international MBA program by BusinessWeek in November 2008, combines proven techniques with cutting-edge insights. Each of the three core periods is preceded by a short change module that progressively transforms participants into genuine leaders and agents of change. Launch Core Period 1 Business Fundamentals Making Change Happen Core Period 2 Core Management Change in Action Core Period 3 Concept Integration Break Elective Period 1 Short Exchanges Elective Period 2 Final Exam ACCELERATE Program ACCELERATE Program At a glance Full-time One year program The International MBA at IE Business School is a complete learning experience that prepares leaders for a changing world. Through rigorous training in the art of management, careful development of interpersonal skills and an immersion in an incredibly diverse international environment, the program cultivates responsible and conscientious cosmopolitan business managers and entrepreneurs. Composed of both renowned thought leaders and experienced practitioners, our world-class faculty familiarizes participants with cutting-edge knowledge and techniques in all functional areas of management. Intakes: November and April LAUNCH Kicks off the ACCELERATE program and with innovative First Core Period. Business Fundamentals Fundamentals courses on quantitative analysis, Making Change Happen The multidisciplinary course draws on methodologies Change in Action Industry leaders and experts help students plot plans Languages: Core Period English or Spanish Electives Selected in either English or Spanish workshops in areas such as team building, critical thinking, cross-cultural and effective communication, creativity, and decision-making, which continues throughout the year with a balanced training and development program that cultivates personal and interpersonal skills and abilities, including, negotiation, economics, marketing, accounting and organizational behavior lay the foundation for the rest of the program. Participants also begin their transformation into true entrepreneurs, as the two-term entrepreneurial management course gets underway. from the domain of executive education to give participants a holistic perspective on change and change management in organizations. Second CorePeriod. Core Management The triple core of management - strategy, finance, and to turn challenges into opportunities. This sets up for the third and final core period in which participants acquire the global vision that makes the difference. Third Core Period. Concept Integration Integration of the management of people, of technology Classes: Monday through Friday with classes throughout the day leadership, and coaching. operations - takes center stage. and of the firm's social and political environment in different countries becomes the main focus.
6 Student Body Profile Change starts from within. The program is aimed at postgraduates who have undertaken studies and professional activities in a wide range of fields and seek to sharpen their management skills for an ever more competitive world. We are seeking aspiring leaders from all over the world who are eager to learn from each other and who wish to discover the power of entrepreneurial thinking. Gender 28% Women 72% Men Age Years 80% range Total average 28,2 Nationalities 68 International students 82% Geographic distribution 33% Latin America 7% North America 11% Asia Undergraduate Degrees Law 6% Humanities 5% Information Technology 3% Economics 10% 5% Social Sciences 27% Europe 4% Africa + Middle East 18% Spain 4% Sciences 33% Business 2% Architecture Hospitality 1% Management 31% Engineering Work experience Years Total average 5,3 GMAT Average 670 Sectors 20% Industry, Energy and Construction 18% Consulting 18% Financial Services and Banking 14% Consumer Products and Distribution 9% Telecommunications, Technology and E-Commerce 8% Entertainment, Media and Hospitality 4% Pharmaceutical, Biotechnology and Health 3% Law, Auditing and Tax 3% NGOs, International Institutions and Public Sector 2% Other Services 0% 100% Age Years 80% range Total average 28,2 "Having lived in cosmopolitan cities on opposite sides of the globe, I thought I knew something about working with people from different cultures. After coming to Madrid I discovered that I had only scratched the surface. The international diversity I have found at IE has made me realise that the world is bigger than I thought, but I am confident that I will leave IE with friends and contacts in nearly every part of the globe, which is a great advantage." Jonathan Langton (Australia, UK), Class of 2009
7 Admissions Process We seek candidates who are dynamic, motivated and creative and who not only demonstrate academic and professional excellence, but who also offer the type of interpersonal skills that will foster integration and drive the maximum learning experience throughout the program. Admissions Steps Considering the professional demands of each individual, IE offers a rolling admissions process. As such, there are no submission deadlines for any particular intake. However, it is highly recommended that you present your application roughly one year prior to program commencement. The admissions process should be completed in the language (English or Spanish) in which you plan to study the core part of the program. Application Requirements Application form, including three essays Entrance Exam (GMAT, GRE or IE Admission Test) Language Certificate (English or Spanish depending on language of instruction) Academic Accreditation 1 page CV Two Letters of Recommendation Supporting Documents (Organizational Chart, Photo and Copy of passport) Application Fee: 120 Euros Scholarships and Student Loan Programs To support the diversity within IE programs, the IE Foundation awards scholarships to exceptional students in need of financial aid based on merit, distinctive competences and academic excellence. IE also has agreements with leading banks to offer IE students attractive packages to finance tuition and living expenses. To learn more about the aforementioned opportunities, visit IE Funding Alternatives on our website. Should admission to the program be granted, you may select from the following three intakes to join the International MBA. For further information regarding the admissions process, please refer to the website where you will also find our online application. Application Interview Entrance Exam (GMAT / GRE / IE Test) Admissions Process Supporting Documents
8 Life at IE Learning beyond the classroom is a vital part of the IE Experience Madrid is famous for its way of life and vibrant culture. The urban, downtown campus, located at the heart of the financial district of Madrid, provides students with the proximity to interact and network with Spanish and multinational business communities throughout the program. The intensive cultural experience of living in the vibrant capital of Spain and living the Spanish way of life will transform your perspective and broaden your capacity for adaptation. IE s Student Office facilitates, coordinates and encourages a rich and varied range of student-run clubs and activities, creating great social and professional opportunities that complement academic life. Through nearly 45 clubs, students can meet and interact with other students, faculty, alumni and leading figures in the business community who visit the IE campus. Families and partners are welcome at all clubs and activities. Visit IE in Madrid! IE Business School Admissions Department María de Molina, Madrid, Spain Tel.: Fax: IMBAadmissions@ie.edu IE Offices Worldwide Please contact our international offices: ARGENTINA-Buenos Aires argentina@ie.edu BRAZIL-São Paulo brasil@ie.edu CHILE-Santiago de Chile chile@ie.edu CHINA-Shanghai china@ie.edu COLOMBIA-Bogota colombia@ie.edu centroamerica@ie.edu ECUADOR-Quito ecuador@ie.edu UNITED ARAB EMIRATES - Dubai UAE-Qatar@ie.edu INDIA-Mumbai india@ie.edu ITALY-Milan italy@ie.edu JAPAN-Tokyo japan@ie.edu MEXICO-Mexico City mexico@ie.edu PERU-Lima peru@ie.edu PORTUGAL- Lisbon portugal@ie.edu RUSSIA-Moscow russia@ie.edu SINGAPORE- Singapore singapore@ie.edu SOUTH KOREA- Seoul korea@ie.edu USA- New York kim.janulewicz@ie.edu Miami gmontes@ie.edu Los Angeles jmwinikates@ie.edu VENEZUELA-Caracas venezuela@ie.edu IE Business School extends its gratitude to all students, alumni, faculty members, and other parties who appear in this brochure.
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