IE Business School MIM

Table of Content

660

Avg. GMAT

23

Avg. Age

2 Yrs.

Avg. Exp.

248

Class Size

11

Months Duration

Introduction to MiM at IE

The Master in Management is uniquely designed to empower you to maximize your potential – both inside the workplace and out. Our program will help you define not just your future career but the future you, leading you on a journey of transformation that’s about the personal just as much as the professional. ​

Knowing which direction to take in the world of work can seem like a daunting challenge. That’s why our mission is to help you discover the next best version of yourself – enabling you to pursue your goals on the career path that’s right for you. ​

It’s a journey that starts with getting to know the current you. We’ll work with you to build a detailed picture of your aspirations, your strengths, your purpose and any gaps, creating a shared understanding of who you are now and who you want to become. Then we’ll use our expertise to be your trusted guide to get you to that destination. ​

Our unique educational framework has a radical focus on you. It’s designed to provide a curated learning experience tailored specifically to what you want and what’s best for you. By working together to define the right direction to take, we can help you align your career goals with the impact you want to make and the fundamentals that engage your sense of purpose. Then, we equip you with the tools you need to make it all happen.

Embark on an exhilarating journey, where each element is meticulously crafted to propel you towards the best career path for you. From laying down the business fundamentals to selecting a Concentration that aligns with your aspirations, every step is tailored to help you make informed decisions. Engage in immersive Labs to implement your knowledge and enhance your Career trajectory, boost your Impact skills, and refine your sense of Purpose. Dive deeper into your passions with elective courses or broaden your horizons with international exchanges. The world is yours to explore, and this adventure promises to be the most thrilling one yet. Are you ready?

What is a good GMAT score for IE Business School MiM?

Short Answer – The average GMAT score at IE is 660 for the last entering class. If you score above 660, you have a fair shot and you will receive an encouraging response to your profile evaluation from the admission committee. 

Long Answer – There is no such thing as a safe score, higher is always better. In our years of consulting experience, we have seen our clients with 640 getting selected into top schools like INSEAD and on the other hand, someone with a 770 getting rejected too. A good benchmark that we advise all our clients to beat is the average GMAT score of the last entering class as mentioned in the Class profile published every year. Scoring above the average gets you a fair shot; 

“The higher your score, the better is it for your interview or admission chance.” 

If you plan to apply with a score that is below the average, then you are starting a fight with one hand tied behind your back or, let’s say, you are starting a few yards behind your competitors. You can definitely catch up in other sections of the application by writing outstanding essays or performing really well in an interview later. But it is always nice to start ahead of the competitor. A higher GMAT score helps one gain a competitive advantage.

“What if you are from the over represented Indian or Asian Pool?”

The over-represented candidate pool of Indian or Chinese applicants usually goes through a rigorous preparation process for GMAT, with a lot of Indian applicants scoring quite high. Hence, the overall competition and the Average score for this diaspora goes up by a few notches. That is why we recommend candidates within the most over-represented profiles to shoot at least 20 points higher than the school’s class profile average. 

 

Quick Overview and Rankings

17

FT Rankings

4

QS Top MiM

Tuition Fee and Scholarships for MiM at IE

€ 43,300 

Tuition Fee

€ 27,000

Living Cost

70,300

Avg. Cost of Study

The Tuition fees for IE Business School is € 43,300 and an additional € 27,000 in living cost.

Application-based scholarships are open to all incoming students while their admission process is ongoing and always before the start of the program.

 Conditions:

  • Tuition is reviewed on a yearly basis and therefore subject to change.
  • Special Conditions for IE Alumni, please contact your admissions advisor for more information.
  • To become an IE University student, all IE Community members should make a one-off contribution to the IE Foundation. This is a single payment of €1,200 to be made during the enrollment process.

Employment Prospects : MiM at IE

86%

Employed within 3 months of graduation

82,547

Avg. Salary

21%

Consulting

20% 

Finance

22%

Technology

37% 

others

The average salary at IE Business School for the last graduating class was €82,547. 86% of the class was employed within 3 months of graduation with a majority of the class going into consulting (21%), Finance (20%), and technology (22%) oriented functional roles. 

The entire program is tailored to your unique ambitions, strengths and gaps. No two people are the same, and neither are any two career paths. 

Documents required : MiM at IE

  • Bachelor degree from an accredited university (*)
  • Official university transcripts (certified translation into English or Spanish)
  • 1 page CV/Resume. See the example here.
  • 1 essay
  • Contact information of two relevant academic or professional references.
  • English language certificate – we accept the TOEFL (minimum score of 100 but 105 recommended), the IELTS (minimum score of 7 but 7.5 recommended), Duolingo English Test (minimum score 130) or a Cambridge Advanced level. A certificate is not required if you are a native speaker, you completed an undergraduate degree in English, you have worked and lived for more than two years in an English speaking country, or if you have extensive professional experience in English. Nevertheless, should the Admissions Committee find it necessary, they may request one of the certificates mentioned above**                            
  • Photocopy of current passport
  • Passport size picture.

Application fee: 150€ (fee is not refundable)

 *Possible additional legalization and/or translation requirements might be applicable. Please click here for more info

 **The validity of all previously mentioned English language certificates for IE’s admissions process is two years from the date you took the exam.

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Scholarships Available : MiM at IE

We understand that choosing to pursue a master’s program is an important choice to invest in your future. At IE University, we aim to invest in diversity and talent, which is why we are proud to offer numerous financial aid options to support remarkable incoming master’s students from all backgrounds that may be facing economic barriers.

Many incoming master’s students with financial restrictions use a variety of sources to cover the tuition and living costs associated with their studies and our team is eager to assist you in exploring the options that are best suited to your unique situation. By providing resources and personalized assistance, we strive to help you pursue your continued education and become the best YOU that you can be.

  • IE SCHOLARSHIP
  • IE NORTH AMERICA SCHOLARSHIP
  • IE ASIA PACIFIC SCHOLARSHIP
  • IE EUROPE SCHOLARSHIP
  • IE LATIN AMERICA SCHOLARSHIP
  • IE WOMEN SCHOLARSHIP

For more information visit the Official Page. 

FAQs about MiM at IE

The Master in Management is a business program aimed towards young professionals who have between 0 and 2 years of work experience after they have graduated with their bachelor’s degree. The program is open to students of any academic and/or professional background to enrich their experience and class diversity. Our students have an average age of 23/24 and have a wide range of professional backgrounds.

Yes, the Master in Management is open to students with an undergraduate degree in any field. This will help enrich the experience and class diversity.

Both the Master in Management and the International MBA are full-time business programs and highly customizable. The main difference between these programs is the class profile they are curated for. The Master in Management is aimed at young professionals who haven’t worked for more than two years full-time. The average International MBA student has been working for seven years and is in a managerial role. If you are unsure which program is right for you, please reach out to the Global Recruitment team.

The Master in Management is a highly customizable program: you can choose 50% of the content to tailor it based on your professional goals.

 It is structured in four different periods, where the first two will be the core of the program including all the business fundamentals. In the third and fourth periods, you will choose a track to follow and electives to add to your knowledge

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