IESE MBA Deadline, Essays Tips and Fees 2024-25

IESE MBA Deadline, essays tips and fees 2024-25
Average GMAT Score680 (FE: 625)Length of Program19 Months
Total Applicants1800GMAT Range580-750
Class Size350Average Work Experience68 Months
Application DeadlinesR1: 26-Sep-2024
R2: 09-Jan-2024
R3: 20-Mar-2024
R4: 06-May-2025
Decision DatesR1: 18-Nov-2024
R2: 24-Mar-2025
R3: 14-May-2025
R4: 13-Jun-2025

 

About IESE Business School:

  • IESE was founded in 1958, and comes under University of Navarra. It has campuses in Barcelona, Madrid and New York and has teaching facilities in Munich and Sao Paulo.
  • Barcelona has 45,000 square meter campus, Madrid has 11,000 square meters and New York has 25,000 square meter campus. These campuses have state of the art facilities with latest in multimedia learning technology.
  • Jordi Canals is the present dean of IESE business school where he is also a professor of Economics and General Management.
  • IESE programs and courses have been often ranked among top 50 in the world.
  • There are more than 50,000 alumni worldwide who excel in their respective fields. They are based in 143 countries and represent wide range of business.
  • IESE campuses are in some of the world’s largest most developed cities. Large number of Fortune 500 companies are headquartered in New York. Some of these are Verizon, JP Morgan, Citigroup, Goldman Sachs, Morgan Stanley, American Express ,IBM.
  • 85 percent of the students in the MBA program is from outside of Spain, with 60 countries represented.
  • Employment placement report for 2019 batch: Consulting 33%, Finance 17%, Sales and Marketing 14%, General Marketing 9% and others 27%

IESE MBA Essay Analysis:

Essay Question 1

Career Goals Essay: What are your immediate career goals after graduation and your mid-term career goals 5-10 years after graduation? How will the IESE MBA program help you achieve them?” (word limit 300 max)

Analysis – This essay requires a clear and focused explanation of your short-term and mid-term career objectives, showing a logical progression in your professional journey. You should clearly state the specific roles and industries you aim to enter immediately after graduation, as well as your broader ambitions for leadership or entrepreneurship within five to ten years. It is important to demonstrate how the IESE MBA program’s unique features—such as its curriculum, experiential opportunities, global network, and leadership development—will support and accelerate your career plans. Given the tight word limit, the response must be concise and avoid generalities, instead presenting a well-defined and realistic plan that aligns your goals with what IESE offers.

Optional Essay

What would you like to highlight about yourself or your journey that may not have been captured in your application? (word limit 300 max)

Analysis – The optional essay offers a chance to share important aspects of your personal or professional story that may not be fully reflected elsewhere in your application. This might include challenges you have overcome, significant experiences, or values that have influenced your growth and ambitions. The tone should be sincere and thoughtful, providing insight into your character, resilience, or unique perspective. By focusing on a specific example and reflecting on its impact, you can add depth to your application and highlight qualities that make you stand out as a candidate. This essay allows you to provide context, explain gaps, or showcase personal strengths that enrich your overall profile.

IESE MBA FAQs for Building Application

Q. What is the GMAT range score required for the IESE MBA?

A. The GMAT range score for the most recent class is 580-750.

Q. How good is the IESE MBA for Indian students?

A. 80 percent of the students in the MBA program is from outside of Spain, with 60 countries represented. Countries most represented are Brazil, Germany, Japan, Spain, United Kingdom, United States and India.

Q. How does IESE’s MBA differ from other MBAs?

A. IESE’s MBA is a full-time 15- or 19-month program that has a general management focus with a strong emphasis on global business, entrepreneurship and ethics.

The program stands out for its strong international character, with students who hail from more than 60 countries and faculty members who reflect 27 different nationalities. It also offers a unique bilingual dimension (English/Spanish).

Q. How long does the admissions process take?

A. Once the required documents have been submitted, the process takes an average of three weeks.

Q. What is IESE’s positioning in recent rankings?

A. IESE consistently ranks among the top 10 in widely recognized rankings such as the Economist, the Financial Times and Business Week. It is in 12th place globally ranked by Financial times in 2019.

Q. How much does IESE MBA cost – Fees Structure?

A. The annual tuition fee for the MBA is €1,10,000. Living expenses in Barcelona are comparable to those in any major European city. Students living alone can expect to pay roughly €2,100 per month. IESE Business School has no on-campus accommodation, but we can assist you with useful resources and advice on how to find housing.

Q. What’s the difference between IESE’s Executive MBA and its Global Executive MBA?

A. Executive MBA is meant for mid-level management/executives with 7+ years of experience. It is a 19-month program offered in four major cities: Barcelona, Madrid, Munich, and Sao Paulo.

Global Executive MBA is for senior leaders from diverse business and cultural backgrounds. It is a 16-month program offered in four major cities: Barcelona, New York, Shanghai, and Silicon Valley.

IESE Interview Questions and Experiences