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690
Avg. GMAT
33
Avg. Age
10 Yrs.
Avg. Exp.
250
Class Size
18
Months Duration
Short Answer – The average GMAT score at IESE is 690 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 IESE for the last graduating class was €107,000. 93% of the class was employed with 3 months of graduation with majority of class going into consulting (17%), Finance (16%) and technology (14%) oriented functional roles.
Employed within 3 months of graduation
Avg. Salary
17%
Consulting
16%
Finance
14%
Technology
53%
others
€ 75,700
Tuition Fee
+
€ 23,000
Living Cost
Cost of Attendance
The Tuition fees for IESE EMBA is €75,700 and an additional € 23,000 in living cost.
10
FT Rankings
NA
Economist
2
QS Top MBA
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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
Step 1
GMAT / GRE Score
2-3 months.
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.
Step 2
Profile Evaluation
1-2 weeks.
Get your profile evaluated from a professional consultant and figure out what schools you can target based on your profile
Step 3
Application Prep
3-4 weeks at least.
Start writing at least 1 month in advance of their 1st deadline. First application usually takes the longest.
Step 4
Interview Prep
1 week
School will notify you and give you roughly 1 week to schedule your interview. Ideally, start your prep ASAP and Do some mock interviews.
At IESE Business School, we offer many degree and non-degree programs. Our degree programs are: the Master in Management (MiM), MBA, Executive MBA (EMBA) and Global Executive MBA (GEMBA), plus the Master of Research in Management (MRM) and PhD in Management. In addition, we have a wide offering of Executive Education programs that range from short programs focused on a specific skill or industry, to longer-format programs with a general management approach.
Most of IESE’s students and participants have prior work experience or are currently employed. For our Master in Management (MiM), however, no work experience is required.
IESE is, and always has been, driven by the desire to develop leaders who strive to have a deep, positive and lasting impact on people, companies and society through professional excellence, integrity and spirit of service.
The GMAT or GRE is mandatory for all MBA candidates. To send your score to IESE, our GMAT code is S21-BK-12 and GRE code is 6951 and. IESE does not accept test scores that are more than five years old or photocopies of score reports, notarized or not.
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