IE Business School

Infobox University


image_size = 190px
name = IE Business School

established = 1973
type = Private
president = Diego del Alcázar
dean = Santiago Iñiguez
students = 1,500
alumni = 35,000
city = Madrid
country = Spain
address = C/ Maria de Molina 11,13,15
campus = Urban
website = http://www.ie.edu/business

IE Business School is an independent educational institution, consistently ranked among the top 15 business schools worldwide (see Rankings below). Founded in 1973 by Diego del Alcázar, the school runs master's degree programs, executive master's degrees, executive education programs, and a Ph.D. program. Approximately 1,500 students from 70 countries undertake degree programs at the school each year. In addition, there are approximately 3,500 annual participants in the school's executive education programs.

In 2007, 48.5% of the professors were of non-Spanish origin, and the student body of the school's master, Ph.D. and executive education programs comprised 73 nationalities. In this same year, the International MBA program enrolled students from 57 countries, including China, Egypt, Korea, Singapore, U.S., Israel, Liechtenstein, Macedonia, Nepal and the Republic of Sierra Leone. Current corporate clients include Adecco, Amadeus, Banesto, Daimler Chrysler, Banco Santander, Heineken, Indra Sistemas, Pfizer, Siemens, Skandia, Telefónica and Uralita.

The School has offices in 17 countries and over 35,000 alumni residing in approximately 100 countries."'

The IE Business School campus is in the center of Madrid.

Partner schools and institutions

IE Business School has MBA student exchange programs with 53 international universities. The School is one of the founding members of SUMAQ, a network comprising business schools in Spain and Latin America. IE has an agreement with Northwestern University School of Law, with whom it runs a Master of Laws, and the Fletcher School at Tufts University, with whom it runs a dual degree in the fields of business management and international relations. The school also has an agreement with University of Chicago Graduate School of Business to run the Global Senior Management Program (GSMP). Joint projects include an agreement with Babson College to run joint executive education programs in the field of entrepreneurship, and the Global Consultancy Program in collaboration with the Wharton School.

IE Business School (Instituto de Empresa) has a dual degree option that combines with the Massachusetts Institute of Technology (MIT). Completion of both International MBA (from IE) and Masters of Engineering in Logistics (from MIT) can completed in 19 months. Both programs are top ranked in the world for the subject of Supply Chain Logistics Operations.

Entrepreneurship

IE entrepreneurship projects include ICEVED-International Center for Entrepreneurship and Ventures Development (http://www.iceved.com), a virtual portal that serves as an interface for member schools, investors and entrepreneurs. IE is the Spanish arm of the GEM (Global Entrepreneurship Monitor) Report, which studies the relationship between levels of innovation, the creation of new businesses and economic growth worldwide.

IE Business School Venture-Lab (V-lab) provides a support framework for students’ business projects in the form of access to a service pool for business start-ups.

Business plan development is a core component of all master degree programs. 25% of IE MBA graduates set up their own companies.

Programs

MBA programs

International MBA

IE’s full-time MBA runs for 13 months, from November to December of the following year. The IMBA 2007 intake comprises 91.5% international students and 57 nationalities.

The program is divided into five modules and a pre-program covering quantitative methods and financial accounting.

Typical courses include methodology subjects such as quantitative methods, presentation skills and case analysis, and courses covering typical business areas like organisational behaviour, economic environment, financial accounting and marketing. Entrepreneurial Studies is a compulsory course in both the first and second periods. The second period concentrates on the functional areas of business administration, and the third takes these to an advanced stage. In the third period special emphasis is placed on implementing actions and strategies in organisations. The third and fourth period cover world affairs. In the fifth period of the program students specialise in specific fields of business management including functional areas, skills development, and social and ethical awareness.

The International MBA Program is a bilingual program, with the core program conducted in English and with electives in English or Spanish.

Global MBA

The Global MBA at IE is a blended program that runs for 18 months, using asynchronous online sessions and live interactive video sessions. Participants also attend blended sessions or community integration events at various locations including Shanghai, New York, London or Madrid. The program is run in English and the class profile of this programs currently comprises 27 nationalities with an average age of 30 years.

International Executive MBA

The IE International Executive MBA program is a thirteen-month program run in English. It is based on a blended format combining intensive in-person sessions in Madrid and Shanghai with periods of online learning and global team collaboration. In 2007, the average age of program participants was 36. The students originated from 26 different countries, were spread across five continents, and had diverse academic and professional backgrounds.

Master in Management Programs

IE Master in Management Programs comprise a series of degrees options:International Management, Marketing Management, Telecom & Digital Business and Biotechnology Management. In 2007, the aggregate class profile of these programs comprised 38 nationalities, with an average age of 25 years, with an average of 2 years’ of professional experience, and 49% of the students were women. The Master in Management Programs include periods abroad in locales such as Shanghai, London and Silicon Valley. IE Master in Management Programs partners are Accenture (global), Grupo Telecinco (marketing), Cisco, Nokia, and Telefónica (telecom & digital).

Executive education programs

Approximately 3,500 participants attend open and in-company programs at IE Business School each year.

The English edition of the Advanced Management Program (AMP) was created in 2003, and in 2004 the Global Senior Management Program (GSMP) was launched. The GSMP is a joint venture with the University of Chicago Graduate School of Business.

Prominent Faculty

* Alberto Andreu Pinillos, Expert on Corporate Social Responsibility.
* Enrique Dans, Information Systems professor and author of leading Spanish-language technology blog [http://www.enriquedans.com/]
* Eduardo Punset, Spanish author, lawyer, economist, and professor of Innovation and Technology.
* Eric Reiss, President of the Information Architecture Institute and author of "Practical Information Architecture".
* Martín Varsavsky, Argentine Entrepreneur, author and professor.
* Jaime de Yraolagoitia, Information Systems professor and author of numerous Spanish-language technical guides.

Notable Alumni

* Claudio Aguirre, Banking and Wealth Management Executive. Former Chairman and CEO of Merrill Lynch International Bank Ltd.
* Richard Alden, CEO of ONO and Vice-President of Cable Europe.
* Salvador Anglada Gonzalez, CEO of Telefónica O2 Czech Republic.
* Jorge Dinarés, Board Member and former CEO of Panda Security.
* Joaquin Garralda Ruiz de Velasco, Expert on Corporate Strategy, Ethics, and Social Responsibility.
* Gerhard Gross, President & Managing Director, Daimler Chrysler Spain.
* Roger Lakhani, CFO, Atlantis Group.
* Magda Salarich, CEO of Santander Consumer Finance and former CEO, Citröen Spain.
* Sergey Brin (Honorary MBA), Co-founder of Google.
* Emilio Azcárraga Jean (Honorary MBA), President of Televisa Group.

Rankings

Program Rankings

* Financial Times, January 2008, MBA Ranking, 8th worldwide, 3rd in Europe, 1st in Spain [http://rankings.ft.com/global-mba-rankings]

* Financial Times, 2008, "Top Executive Education Open Programmes 2008", 5th worldwide, 2nd in Europe [http://rankings.ft.com/executive-education---open]

* Financial Times, October 2007, Executive MBA Ranking, 5th worldwide, 3rd in Europe [http://rankings.ft.com/emba-rankings]
* Financial Times, December 2006, European Business Schools Ranking, 4th in Europe, 1st in Spain
* Financial Times, October 2006, Executive MBA Ranking, 5th worldwide, 3rd in Europe

* Forbes, August 2007, Top Non-U.S. One-Year Business Schools, 4th worldwide [http://www.forbes.com/careers/2007/08/15/best-business-schools-lead-careers-cz_kb_07mba_nonus1yr_slide_4.html?thisSpeed=15000]

* The Economist, September 2007, MBA Ranking, 9th worldwide, 4th in Europe [http://mba.eiu.com/index.asp?layout=2007rankings]

* The Economist, December 2006, Executive Education Ranking, 5th worldwide
* The Economist, October 2006, MBA Ranking, 16th worldwide, 5th in Europe

* Wall Street Journal, September 2007, MBA Ranking, 14th worldwide, 6th in Europe

* Wall Street Journal, September 2006, MBA Ranking, 12th worldwide, 4th in Europe

* América Economía, August 2008, MBA Ranking, 4th worldwide [http://beta.americaeconomia.com/Multimedios/Otros/2203.pdf]

* América Economía, August 2007, MBA Ranking, 12th worldwide
* América Economía, October 2006, Executive Education Ranking, 7th worldwide, 3rd in Europe

* BusinessWeek, November 2007, Executive MBA, 15th worldwide, 1st in Europe

* Aspen Institute, October 2007, MBA Ranking, 10th worldwide, 1st in Europe [http://www.beyondgreypinstripes.org/rankings/index.cfm]

* Quacquarelli Symonds, 2007, QS Top MBA, "Global Recruiters' Top 100 Business Schools", 4th in Europe [http://www.topmba.com/research/top_100_business_schools/4_top_business_schools/42_europe/]

* Quacquarelli Symonds, 2006, QS Top MBA, "Global Recruiters' Top 100 Business Schools", 3rd in Europe

Rankings by Specialization

* Financial Times, January 2008, "Top Ten Schools in Selected Categories": [http://www.ft.com/cms/s/2/3f930b0c-cb17-11dc-97ff-000077b07658.html]
** Organizational Behavior, 1st worldwide
** Corporate Social Responsibility, 2nd worldwide, 1st in Europe
** Entrepreneurship, 5th worldwide, 1st in Europe
** International Business, 6th worldwide, 2nd in Europe
** Economics, 7th worldwide, 1st in Europe
** Information Technology, 8th worldwide, 1st in Europe
** Marketing, 9th worldwide, 2nd in Europe
** Corporate Strategy, 9th worldwide, 3rd in Europe
* Quacquarelli Symonds, 2007, QS Top MBA, "Top Business Schools by Specialization": [http://careers.topmba.com/pdf/2007_Global_Recruiters_Top100_Business_Schools.pdf]
** Entrepreneurship, 1st worldwide
** Operations Management, 4th worldwide, 1st in Europe
** International Management, 5th worldwide, 2nd in Europe
** Information Management, 7th worldwide, 2nd in Europe
** Corporate Governance, 8th worldwide, 1st in Europe
** E-Business, 8th worldwide, 3rd in Europe
** Leadership, 8th worldwide, 2nd in Europe
** Marketing, 9th worldwide, 2nd in Europe
** Strategy, 9th worldwide, 3rd in Europe
** Finance, 12th worldwide, 3rd in Europe

Other Rankings

* Financial Times, October 2007, Executive MBA Ranking, 1st in "Salary increase", 2nd in "Aims achieved", and 3rd in "Career progress".

* Financial Times, January 2008, MBA Ranking, 2nd in "Salary increase", 2nd in "Career progress".

* Economist, 2007, 4th in "Open new career opportunities", 6th in "Student diversity".

* Economist, January 2008, "Top ten distance learning programmes, 2007", 2nd worldwide, 1st in "Programme content" category.

* Aspen Institute, October 2007, 5th worldwide in Coursework ("schools that best integrate social, environmental and ethical issues into the classroom experience") [http://www.beyondgreypinstripes.org/rankings/topten.cfm]

Accreditations

IE is accredited by the three leading accreditation entities for business education: AACSB, EQUIS and AMBA. [ [http://www.aacsb.edu/General/InstLists.asp?lid=2 "AACSB, "Schools Accredited in Business"] ] [ [http://www.efmd.org/component/efmd/?cmsid=040929sqku "EQUIS, "Accredited Members"] ] [ [http://accreditation.mbaworld.com/content/accreditedlistall/index.html "Association of MBAs (AMBA), "Accredited MBA Programmes"] ]

Campus

IE Business School is situated at the centre of Madrid’s financial district. The IE campus currently occupies a total surface area of some 20,000m² (including garage space). This includes 34 lecture halls with an average capacity of 50 students each, 4 computer rooms, 57 small meeting rooms (with an average capacity of 10 students per room), a main auditorium ("Aula Magna"), and the IE library.

References

External links

Institutional Websites

* [http://www.ie.edu/business IE Business School Main Website]
* [http://alumni.ie.edu IE Business School Alumni Association]