IE Business School, located in the heart of Madrid, Spain, is widely recognized as one of the world's leading institutions for business education. Its Master in Management (MiM) program is particularly noted for its international focus, entrepreneurial spirit, and emphasis on innovative thinking. The IE MIM provides students with a comprehensive understanding of business by covering fundamental areas such as finance, marketing, strategy and operations.
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Program Overview: The IE MIM program lasts for 10 months, is taught in English, and takes place in Madrid, Spain.
Class Profile: The average age of students is 23 years, with around one year of work experience. The class is highly international, with 90% of students coming from outside Spain, and 55% are female.
Salary and Employment: Graduates typically earn an average salary of €55,000, with a 92% employment rate within three months of graduation. Top employers include McKinsey & Company, Amazon, Goldman Sachs, and Deloitte.
Tuition Fees: The total cost of the program is €38,200.
Designed to empower you to tap into your personal and professional potential, the Master in Management will take you on a transformative journey. With extensive opportunity for customization, this program will guide you on the path toward your future career and your future self, defining your purpose and making an impact along the way.
In today’s rapid world, knowing which direction to turn can feel overwhelming. But at IE MIM program, our mission is your success, which is why we help you turn the right way. The journey starts by understanding who you are and your goals. We’ll curate a path that leads to your aspirations, plays on your strengths and fills in your skill gaps.
Program length | 15 Months |
Tuition Fees MiM 2024 | €43,300 |
Program deadline MiM 2024 | Rolling based admissions process |
Intakes | 2 (Septembrer & January) |
Application fees | €150 |
This master’s student experience is made up of up-and-coming professionals who share a passion for leading disruptive change and want to develop a network of international change-makers. Our students come from a variety of academic backgrounds, ranging from business and social sciences to engineering, sciences and law, to name a few.
Average GMAT | 660 |
Average GRE | NA |
Average GPA | 2.66 |
Average work experience | 0–2 years |
Average age | 23 |
Pre-MiM industry MiM 2025 | NA |
Pre-MiM location MiM 2025 | NA |
Class size MiM 2025 | NA |
Women MiM 2025 | NA |
Country Represented MiM 2025 | 48 |
IE Business School aims for student success, and the evolution of curriculum has resulted in the Master in Management ranking being placed among the world’s leading business and management programs by some of the most prestigious educational ranking organizations.
Rankings | Position |
QS Master in Management Ranking (2023) | 4 |
Financial Times Master in Management Ranking (2023) | 16 |
The Master in Management is more than just a degree; it’s a transformative journey crafted to unlock your full potential in both your personal and professional life. With a focus on self-discovery and tailored guidance, you will take the time to explore what you want and aspire to, analyze other paths you might find interesting, and maybe even discover completely new interests you didn’t even know you had.
Please note that our MIM program content is continually updated to remain in sync with market demands. Therefore, we advise you that the content is subject to change and it can be dependent on student demand.
Concentrations: Marketing, branding & Sales; Strategy, Organization & Transformation; Finance & Investments; Digital Strategy & Transformation; Business intelligence & Analytics; Entrepreneurship & Corporate Innovation.
The Lab is a standout feature of IE Business School, offering an exhilarating and highly effective learning experience. It provides you with the chance to confront and resolve real-life business challenges, putting your acquired knowledge into action to create tangible results. Working in teams, you’ll address pressing issues directly from companies, receiving firsthand briefings from executives and engaging with them throughout the module. The Lab options include:
If you choose to pursue Electives, it’s because you want to delve deeper into specific areas of interest that will complement the skills you’re acquiring for your business toolkit. With over 50 diverse and innovative electives to choose from, you can tailor your selection to best align with your professional goals and aspirations.
Alternatively, if you prefer to explore what other top universities in the world have to offer to complement your learning journey at IE Business School, you can participate in an International Exchange. This option allows you to travel abroad to one of IE Business School’s world-class academic partner institutions. We encourage you to select an exchange institution that aligns with either a thematic or regional career objective.
Discover IE partner institutions here.
IE Foundation’s investigation centers are looking to face the challenge of our constantly changing environment. In order to achieve this, our centers are focused on pursuing economic and societal development through diverse investigation initiatives, centered on promoting diversity or multidisciplinary knowledge amongst other things.
Tuition is reviewed on a yearly basis and therefore subject to change. IE Business School understand that you’re making a significant investment and believe that maximizing the availability of payment plan options is important in making your Master in Management affordable. School offer customized, merit-based aid and loan programs to make sure financial issues don't impede the success of outstanding students.
Tuition fee for the class 2024 | €43,300 |
Application Fees | €150 |
Note: Kindly note that plans with more than three consecutive installments will be charged €400 for the administrative service it involves. To know more, check out: IE MIM Fees & Expenses
IE MIM has a very impressive employment report with 91% placement records within three months after completing the program. IE Business helps you achieve your career goal by giving you the right exposure and network-building opportunities after a full-time MiM degree. IE MIM has a strong reputation for employability, with graduates securing high-level jobs in diverse fields. The average IE MIM salary for graduates is around $49,21 per year.
Average salary MIM 2024 | $54,670 |
Offer accepted upon three months of graduation | NA |
Offer received upon three months of graduation | 91% |
Reporting rate | NA |
Post-program job locations | North America: 2% Latin America: 4% Spain: 40% Europe: 47% Middle East & Africa: 3% |
Post MIM industries MIM 2022 | Marketing & Communications: 5% Consulting: 22% Consumer, Luxury & Retail: 18% |
This section is important in understanding who you are, not just as a student but also as a person in order to grasp the value that you could add to our program. Take this as an opportunity to showcase your unique attributes and personality.
There are three formats you can choose to express yourself: a video (max. 3 minutes), a PowerPoint presentation (max. 10 slides), or a written essay (between 250-650 words). Please pay special attention to punctuation, structure and content. By following these tips, you can easily craft significant IE MIM essays.
The IE MIM program is renowned for its rigorous curriculum, global perspective, and emphasis on personal and professional growth. Understanding what the interviewers are looking for in the IE MIM interview questions and strategically framing your responses can increase your chances of making a positive impression and securing a spot in this prestigious program.
Absolutely, as these unique features provide a comprehensive, globally-minded, and practical business education.
Application Process | MIM Application Process |
Costs & finance | Admission Fees |
Business School | Apply | Start your application form |
IE Alumni | Alumni community and events |
Contact | university@ie.edu +34 921 41 24 10 |
Conclusion
IE MIM program is one of the premier MiM colleges in Spain. This highly esteemed program is designed to equip students with the necessary skills and knowledge to succeed in today's global business landscape. With a diverse student body and renowned faculty, students at IE Business School are exposed to a wide range of perspectives and experiences that enhance their personal and professional growth.
Know Your AuthorAbhyank Srinet, the founder of MiM-Essay, is a globally recognized expert in study abroad and admission consulting. His passion is helping students navigate the complex world of admissions and achieve their academic dreams. Abhyank earned a Master's degree in Management from ESCP Europe, where he developed his skills in data-driven marketing strategies, driving growth in some of the most competitive industries.
Abhyank has helped over 10,000+ students get into top business schools with a 98% success rate over the last seven years. He and his team offer thorough research, careful shortlisting, and efficient application management from a single platform.
His dedication to education also led him to create MentR-Me, an AI-powered platform that offers personalized guidance and resources, including profile evaluation, application assistance, and mentoring from alumni of top global institutions.
Continuously adopting the latest strategies, Abhyank is committed to ensuring that his clients receive the most effective guidance. His profound insights, extensive experience, and unwavering dedication have helped his clients securing of over 100 crores in scholarships, making him an invaluable asset for individuals aiming to advance their education and careers and leading both his ventures to seven-figure revenues.
What is the average GMAT score for IE Business School MIM?The average GMAT score for IE Business School MIM is around 650.