About

University Type

Private

University Type

Average Living Expenses

$45,000

Average Living Expenses

IESE Business School offers various programs for masters like Business Administration, Management, Global CEO, and many more. The institute has an acceptance rate of 26% with an average cost for an MBA ranging between INR 40L to 50L per annum, the institute also awards scholarships that will cover up to 80% of your MBA tuition fees. Want to know more? Read this blog to know everything you need to know before applying to IESE Business School.

What is the Acceptance Rate at IESE?

The IESE Business School was established in 1958 and is affiliated with the University of Navarra. The institute’s main focus is business ethics and international collaboration. The acceptance rate for IESE is 26% with a total class size of 356. 

What is the Annual Tuition fee at the IESE Business School?

The annual tuition fee at the IESE Business School is 45,000 EUR (37,00,000 INR) per year.

IESE Business School courses consist of Master of Business Administration (MBA), Executive Education programmes, and Executive MBA programmes. The school holds accreditation from the Association of MBAs (AMBA), the EFMD Quality Improvement System (EQIS), and the Advance Collegiate Schools of Business (AACSB). There are over 700 students enrolled at the campus presently with more than 50% of the students from 57 diverse nationalities.

Top Reasons to Study in the IESE Business School

IESE Business School is widely famous for its varied business programs and high employment rate. So, let’s have a deeper look at these perks and a few more:

  • Employment: The average employment rate of IESE Business School is 94% with a median base salary of $97,578 (INR 85,66,299.44).
  • Alumni Network: The institute has a network of over 60,000 alumni from all over the world and has 15 associated business schools including Harvard Business School.
  • Teaching mediums: IESE Business School is the first business school to offer some courses in bilingual mediums including Spanish and English.

MBA Rankings: The institute is in the top 10 institutes for MBA according to the QS MBA world rankings 2025.

Courses

Cost of Studying at IESE Business School

Average tuition fee

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Living expenses

Average living expenses (Bachelors)

$45,000

Average living expenses (Masters)

$45,000

Admissions at The IESE Business School

Avg acceptance rate (Bachelors)

26%

Application Fee

$120 - $200

How to Apply at IESE Business School

The admission process of IESE Business School is very strict and only 26% of students are selected. Here are 6 steps to help you apply for IESE Business School:

Step 1: Go to the website and apply to the school through their online application channel. 

Step 2: Complete your application form. 

Step 3:Complete and submit your Kira video essays. 

Step 4: Submit the required documents along with your application form. 

Step 5: Pay the application fee. 

Step 6: Follow up with the instructions provided by the school like preparing for the interview, and assessment day. 

Documents Required to Apply to IESE Business School

For your application to IESE Business School, you will have to submit these documents along with your form. 

Documents

Overview

Transcripts and UG degree

Official transcripts and your bachelor’s degree certificate.

GMAT and GRE test score or English Proficiency test score certificates

Official GMAT, GRE, or EA scores, and, if applicable, TOEFL scores.

Application form

Your application form for the university with as many details as possible. 

LOR and essays

At least 1 LOR is required and essays.

Resume

A detailed resume highlighting work experience and achievements

 

Exams Accepted By IESE Business School

IESE requires two different sets of exam scores, MBA-based exams, and language proficiency tests for different programs. Here is a brief overview of the exams:

Program

Accepted Exams

Score Validity

Global Executive MBA

Graduate Management Admission Test (GMAT), Graduate Record Examination (GRE), Executive Assessment (EA), and IESE admissions test

The test scores should not be more than 5 years old. 

MBA

GMAT and GRE

Both classic and new focus editions of GMAT are accepted but no test score should be older than 5 years. 

Business Analytics

GMAT and GRE

Both classic and new focus editions of GMAT are accepted but no test score should be older than 5 years. 

Master in Management

GMAT, GRE, and IESE Test

Both classic and new focus editions of GMAT are accepted but no test score should be older than 5 years. 

Management

GMAT and GRE

Only one exam score will be accepted.

Ph.D. in Management

GMAT and GRE

Both classic and new focus editions of GMAT are accepted but no test score should be older than 5 years. 

Corporate finance

GMAT, GRE, and IESE Test

Both classic and new focus editions of GMAT are accepted but no test score should be older than 5 years.

Entrepreneurship

GMAT and GRE

Only one exam score will be accepted.

 

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Rankings for The IESE Business School

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Students IESE Business School

1

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14

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Disha Poddar

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Fall 2025

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Fall 2025

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Alumni at IESE Business School

IESE has contributed a lot to the business development front at an international level apart from new start-ups the institute has over 60,000 alumni. Here is a list of the top alumni from IESE Business School: 

  • Andrea 'Ginka' Christenson is on the IESE International Advisory Board and a Business family advisor too. 

  • Igor de la Sota who is a founder and general partner at Cardumen Capital. 

  • Cristina Garmendia(Former Spanish Minister of Science and Innovation) 

  • Francisco Gracia Parames(former CEO of Bestinver). 

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Campus life

Number of campuses the university has
5

Campus locations
Barcelona

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Transportation in the city

In the city of Barcelona, Spain transportation for students is relatively easy with its affordable metro system having 12 lines and 161 stations. Other than metros you can also choose buses or trams depending on your destination and time. Barcelona has a bus network of over 1,000 buses with 100 routes and though the tram system is small it connects all the key areas in the city, making easy navigation. Other than these transport methods you can also choose trains or taxis depending on the circumstances. 

Services offered by the university

Apart from excellent education IESE also provides various services for its students. Here is a list of the services you can take advantage of once you become a student:

  • Loans and Scholarships
  • Library
  • Chaplaincy
  • IESE Shop
  • Jobs at IESE
  • Compliance Channel

Student life at IESE Business School

IESE Business School offers a vibrant student life by combining academics with various extracurricular activities like student clubs and events. Here is a basic layout of things you will get to be a part of at IESE Business School:

1. Clubs and organizations: 

At IESE you will have the opportunity to join various clubs depending on your interests, here are some of the most famous student organizations at IESE:

  • Consulting Clubs.

  • Accounting Society.

  • Black Business Student Association.

  • Analytics Clubs.

2. Events:

IESE business school will ensure that you get all the information and exposure you need for a successful career and for that they organize various events like:

  • Open days.

  • Company visits. 

  • Guest Speaker series.

  • Networking Events.

  • Excursion trips to local landmarks.

3. Counselling:

There is a counselling program at IESE to help you make better career choices. The program has various aspects like:

  • Partner Program.

  • Industry-specific panels.

  • Alumni Network and Mentorship.

  • Digital Career Management tools.

On campus accomodation at IESE Business School

IESE Business School does not entertain any on campus accommodation facilities for the students.

  • The campus assists the students and guides them in finding accommodation facilities for them. 
  • The students can rent individual apartments or opt for shared apartments or housing facilities with other students. 
  • There are various off campus opportunities near the campus for the students at affordable prices.

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Faculty Information

Jobs and Opportunities

FAQ

1. What are the average tuition fees of IESE Business School?

The average IESE Business School tuition fee for international students at the premises is 45,000 EUR (37,00,000 INR) per year.

2. What are the GPA requirements for enrollment at IESE Business School?

IESE Business School GPA requirement for students is 3.15. The students must maintain the required GPA to get a chance to enrol. 

3. Does IESE Business School offer courses in distance learning or online learning?

IESE Business School has an executive education program for online learning by integrating online learning with face-to-face learning opportunities. 

4. What is the acceptance rate of IESE Business School?

IESE Business School's acceptance rate is 26%. The students have to go through a rigorous admission process, as IESE is a prestigious school. 

5. Does IESE Business School offer student exchange programs?

IESE Business School consists of student exchange program agreements across the 25 best business schools in the world. The students can participate in any one of the partner universities to expand their dynamic learning experience of the students.