Short Answer – The average GMAT score at IESE is 720 for the last entering class. If you score above 690, 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.
The average salary at IE for the last graduating class was €122,000. 91% of the class was employed with 3 months of graduation with majority of class going into consulting (13%), Finance (17%) and technology (11%) oriented functional roles.
The Tuition fees for IE EMBA is € 102,000 and an additional € 47,000 in living cost.
The deadline for scholarships is the start date of the program unless otherwise specified. For all awards, no application is required. For all scholarships, financial need is taken into consideration, especially for talented candidates who demonstrate constraints in accessing alternative financing options, such as loans. Please note that complying with the minimum eligibility requirements does not guarantee a favorable resolution.
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We strongly advise all our clients to have a proper excel sheet or a timetables mapped out.
Once you are done with GMAT the entire application process usually take 4-6 weeks
GMAT / GRE Score
If you are not sure about what score to target then look at the average score of the schools you want and shoot above the average.
Get your profile evaluated from a professional consultant and figure out what schools you can target based on your profile
3-4 weeks at least.
Start writing at least 1 month in advance of their 1st deadline. First application usually takes the longest.
School will notify you and give you roughly 1 week to schedule your interview. Ideally, start your prep ASAP and Do some mock interviews.
The Executive MBA at IE Business School is designed to be a watershed experience in both personal and professional terms, and executives from across the world join us with a variety of goals in mind.
The first step in the process is to complete and submit the application form. You will need to register on our platform with your personal email address so that you can access the form as many times as needed.
Part of the admissions process is submitting evidence of having passed a relevant entrance examination. We accept, GMAT, GRE, and Executive Assessment. Alternatively, you may opt to take our internal IE Global Admissions test.