IESE Business School, located at Barcelona, is the graduate business school of the University of Navarra in Spain. IESE stands for Instituto de Estudios Superiores de la Empresa, which in transliteration, means Institute of Higher Business Studies.
Founded in 1958, IESE Business School is regarded as a centre of excellence for management education. It has consistently been ranked among the top ten MBA programmes in the world. In fact, IESE Business School has been by ranked The Economist’s Which MBA?2013 survey as the world’s fifth best business school for full-time programmes.
- #1 in Executive Education by Financial Times 2012 Executive Education Ranking
- #1 In Europe for Open Programmes, Financial Times 2011
- #3 Best International Two-Year Programme, Forbes Magazine 2011
- #2 in Open Programmes, BusinessWeek 2011
- #1 in Europe, The Economist 2010
In 1958, when executive education was not known and offered outside the U.S., IESE Business School began with executive education programmes for business managers. The launch of these programmes opened a new chapter in the evolution of management education for managers in Europe.
In 1964, IESE Business School became the first continental European business school to launch a two-year MBA programme. The programme was launched under the guidance of an advisory committee set up by Harvard Business School and IESE Business School. By 1967, IESE Business School had assisted in the establishment of 16 associated schools on four continents. In 1974, to meet the ever-growing demand for executive education, IESE opened a campus in Madrid, capital of Spain.
IESE Business School has an annual intake of 500 for MBA, 520 for Executive MBA, 60 for Global Executive MBA, 41 for MRM and PhD, and 520 for Executive Education. The world-renowned faculty at IESE Business School includes 100 full-time and around 70 external collaborators.
IESE Business School has two top class campuses in Barcelona and Madrid, a center in New York and offices in Munich and São Paulo. The school also delivers diverse programs all over the world. Realizing the fact that in a fast-paced world where all things are customized to meet the requirements of the markets, in the 1990s, IESE entered into joint-programmes with top-notch American B-Schools (like Harvard Business School, Stanford Graduate School of Business, and MIT Sloan School of Management) to offer open-enrollment and customised programmes.
IESE Business School’s success is built on a humanistic approach to business and leadership, complemented by a world class faculty producing ground-breaking research; the global scope of its programs, faculty, students and campuses; a practical and relevant teaching methodology; and a growing alumni network of 40,000 professionals world-wide prepared to take on today’s challenges and lead business into the future.
The MBA programme at IESE Business School is designed to reflect mirror real business situations and prepare participants for future goals. One of the teaching tools is the case study method, through which students are taught to analyse and tackle business situations.
MBA students at IESE Business School are imparted exceptional management skills, which help them thrive and come up trumps in a diverse, multicultural business environment. In a highly diverse class-room where students come from different parts of the world, they set up networks of peers with a global outlook. As this B-School itself proclaims, students are taught to ask not what, but how and why.
A two-year full time MBA programme at IESE Business School could cost about €59,000 excluding off-campus accommodation. Some of the notable alumni of IESE Business School include Juan Antonio Samaranch, former president of the International Olympic Committee, Luis Hernandez de Cabanyes, chairman, Renta Corporacion, and Maria del Pino, CEO, Unisono.
The Economist Which MBA? 2013 survey notes that one of the main reasons that IESE Business School does so well is the quality of its careers placement. IESE graduates can expect an average salary of around U.S.$1,17,260, which represents a 153% increase on their MBA salary, with 95% of graduates finding a job within three months of graduation. The average work experience of 500 participants in the MBA programme is five years, with an average GMAT score of 680. For more information about IESE Business School, visit www.iese.edu.