Instituto de Empresa Business School

IE Master in International Management is designed for fresh graduates and young professionals who want to acquire the technical foundations of management through the examination of real companies in the real world rather than abstract learning and theory. At IE you will analyze problems, come up with creative solutions, work in a team and participate very actively in the classroom.

Moreover, from day one, IE will be working closely with students to support them to define their career goals, covering diverse aspects such as self-assessment and professional-skills enhancement (group work, communication, leadership, among others) where students will acquire throughout their program, a strategic vision of their own professional development. Activities, which include CV redesigning, personal branding improvement, job placement perspectives analysis or simulated interviews and varied companies´ conferences, are aimed at maximizing students’ employability and market value

The program also differentiates in a variety of options, offering you a unique chance to customize your program:

• You will able to acquire business skills expertise in one of its three specializations: Sales & Marketing, Digital Business or International Business
• Students can choose to study in English, Spanish or combining both languages (Bilingual)
• Develop an entrepreneurial mindset to distinguish you from your competitors through the Venture-Lab
• Participate on the global Immersion Weeks in cities like Shanghai, Milan or Silicon Valley (depending on the chosen specialization)
• Take part of the Beyond Borders Experience where you will be able to choose from a host of personalization options: an international exchange period at one of the many top institutions around the world with which we are partners and opening the door to the ever-invaluable experience provided by exposure to new cultures; social impact project where you could learn in how business affects society and apply classroom lessons to make a real-world impact or a dual-specialization option allowing you to become an expert in two business areas of your choice, widening your professional chances.

Not as part of the 10-month program, but yes if the student choose the dual-specialization during the Beyond Borders Experience (beware that if you choose to start in February you would have a gap period of 3-months (between the months of Jan-March) in order to join the dual-specialization.

During this gap period, students may get exposure to professional conditions or develop their personal or language skills.

Specializations available in September 2011:

• International Business (IB) (English and Spanish)
• Digital Business (DB) (English)
• Sales & Marketing (SM) (English and Spanish)

Specializations available in February 2012:

• International Business (IB) (English and Spanish)
• Sales & Marketing (SM) (English)

Yes, students have to select the specialization during the admission process.

In case students want to change their specialization after the program has started, they can within a deadline that will be established by the program management team if there is availability and after they receive approval from the Academic Department

Likewise, in order that students get an insight into the different specializations, orientation sessions will be held during their first month of the Master. During these events, round table discussions with the participation of sponsors, other external companies and institutions will be organized when they will debate on topics of interest and contents of each specialization. There is also possibility of talking to Alumni of different specializations and to the Academic Director to clear any doubts.

No, however it is important to emphasize that there are limited places for each BBE option (International Exchange, Double Specialization or Social Impact Project) and places are based on “first come, first serve”.

Once the classes start, students could always apply for the BBE option as long as there are still place, you make the additional payment and sign a new contract. In this case, students also need to send the Executive Director of the program their letter of intent.

During the orientation sessions, students will be also getting an insight about the BBE options.

Once you graduate from the MIM program, you will receive a private title issued by IE Business School. If you wish to receive in addition to this diploma an Official University Master degree from IE University, you would have to submit additional documentation before a certain deadline. Details will be communicated after admission to the program.

Some of the advantages of having an Official University Master degree from IE University (worth 60 ECTS credits) include recognition of credits when accessing a PhD program, access to some specific public sector jobs and the possibility to be eligible for public loans and scholarships that are only possible if supported by an Official University Master degree. Moreover, the chances of a non-EU working student getting a working visa could be increased.

To be eligible to participate in the FT ranking, the IE Master in International Management program has to have run for at least four years and have graduated its first class at least three years before the ranking publication date (please find more information here). At this moment, we are currently on the second intake of the Master in International Management. Once we have this precedent, we are confident that will achieve a good position in the FT survey.

Aimed at young graduates at the early stage of their professional development, the Master in International Management is designed specifically to meet the needs and trends of the marketplace while increasing participants’ career options.

The program consists of three periods, the first two being focused on gaining a solid understanding of business management, followed by a period of specialization after which students take different courses depending on their professional interest: Sales & Marketing, Digital Business or International Business.

The increased level of knowledge and specialization builds a finely tuned strategic career vision throughout the course of study. This vision, coupled with activities designed to strengthen your CV, enhance personal branding, analyze job placement perspectives and prepare for interviews, serves to maximize your employability and market value on completion of the program.

If you think that this is the program for you and would like a personal assessment, please send us your CV or detailed profile to mim.admissions@ie.edu and we’ll be happy to answer any further queries you may have.

The ideal candidate should have all the qualities and characteristics that will make them a successful participant and a unique member of their work group, the program in general, and of society and the business world after graduation, proving that they can be exceptional ambassadors of the IE Business School network. Hence IE admissions committee will evaluate several aspects such as leadership potential, a capacity to undertake a rigorous and competitive program successfully, teamwork skills, international exposure, extra-curricular activities or internship experience, a diverse background, clarity in expressing ideas and the ability to support them or adjust them in a challenging environment. In short, a profile that will leave us in no doubt about not only the candidate’s potential for growth in the program, but also his or her ability to successfully meet business challenges afterwards.

IE admission criteria is based on each candidate’s profile in terms of diversity, excellence and motivation. We seek a balance between GMAT/GRE or the IE Admission Test + application + interview.

The Masters in Management (MiM) are designed for young professionals at their early stages of their professional development. Master in Management candidates are around 23 years old and will probably have few internship experiences. Their main needs are from IE perspective are 1) to specialize in a functional area in order to map a career path and 2) to adopt a practical approach to the job market and acquire a broader picture of the requirements and trends of business realities. The average MBA student, on the other hand, will be some 27 years old and have four or five years of solid work experience. The MBA student will be at a stage in his/her career where he/she needs more general management tools to accelerate and or change his/her career.

Generally speaking we understand that employers might consider a 22-year old MBA overqualified for the graduate trainee scheme, yet underqualified for the senior positions earmarked for MBA recruits. Hence IE runs programs aimed at two specific career path stages: recent-graduates and young professionals (MiM) and experienced professionals (MBA). So what you have to decide is which offering is best suited to your needs, circumstances and professional aspirations.

IE sees the MBA as a qualification that allows participants to demonstrate and apply their previous employment experience. As it’s a general management program, we believe that a minimum of 3 years of relevant professional experience is required to glean the full benefits of the program.

However a number of brilliant and ambitious young professionals do not want to wait several years to supplement their education and want to embark on their career with a head start, as well as a powerful network.

The Master in International Management will allow you to do just that. Students will gain general management skills during the “business fundamental” period, and then acquire expertise in a functional area in which they would like to develop their career path, differentiate themselves and have a far greater chance to ensure that they enable their business to deliver objectives and ultimately grow.....Students can focus on sales, marketing and public relations (Sales & Marketing specialization); innovation and digital business development (Digital Business), or international operations, project management and worldwide transactions (International Business).

A last suggestion would be to download the course description of the programs you´re interested in, compare the syllabus, and if you’re still undecided, you can always apply for up to two programs on the same application.

The Master in International Management is one of the most tangible results of the school’s firm commitment to internationalization in terms of program content, international faculty, and extremely high levels of diversity of nationalities, backgrounds and cultures among the programs’ student body. Diversity is a key factor of IE life, given that about 80-90% of students in our English-taught programs are from overseas, and there are some 74 nationalities on the IE campus at any given time. The IE Alumni Association is one of the largest alumni associations in Europe with over 40,000 members worldwide. Moreover, 50% of IE’s faculty is international, originating from 40 different countries. Last but not least, our locations in the heart of Madrid, Spain’s vibrant capital, makes students time at IE a truly global experience.

There are several ways to learn more about the Master in International Management and IE:

a. Resource I: set-up an informal interview in Madrid writing to mim.admissions@ie.edu, together with your CV or visit one of our offices worldwide: www.ie.edu/offices. Now, if you are in Madrid, don´t miss these opportunities (please register at www.ie.edu/events):

• Monthly Campus Tours:

  This Friday event (2pm-4pm) gives you the opportunity to have a guided tour of the IE Campus and have lunch with current students who will share their unique experiences and perspectives with you. You will also have the opportunity to complete part of the admissions process (IE Admissions Test and/or personal interview). We hope to see you next Friday!

• Insight Sessions:

  Insight Sessions are held at IE in Madrid in the evenings and run for around two hours. This is a great way for you to get to know everything about the program you are interested in, and to meet key people from admissions as well as academic departments. A résumé should be sent previously to mim.admissions@ie.edu.

• Master Class and Workshops:

  A master class will provide a taste of IE´s main learning methodology based in case study. For candidates interested on the Master in International Management, IE give you the opportunity to meet top professionals in diverse professional fields to hear about their day-to-day work, discuss recent trends and explore future career paths allied to a master in a top business school.

After these events, you´ll have the chance to interact with speakers, current students and staff from IE during an informal cocktail.

b. Resource II: Interested in IE but not able to visit the campus or our offices? The Virtual Insight Session will enable you to find out about IE's different schools, programs, the admissions process and much more. They usually run for an hour and are conducted through our online platform from IE’s Madrid campus several times a month.

After registration, you´ll be receiving a link to access the session. An Internet connection and a sound system should be available on your computer.

Virtual events take place in real time through our online platform, enabling you to interact with our staff live, and get your questions answered.

All times for virtual events are in local time. Please register at www.ie.edu/events.

c. Resource III: If you can’t come to us, we’ll come to you! Throughout the year, we host and attend several events worldwide. Join us at one of these events to learn more about the IE and admissions process, and to meet IE local representatives or alumni. Please see a complete list at www.ie.edu/events.

If registration for your preferred event is closed, or if your country is not listed but you would like to be kept informed of future events organized by IE in your area, please complete our form on the same link and visit this page often as we add events regularly throughout the year.

IE Business School operates a ROLLING ADMISSIONS PROCESS. As such, there is NO EXPLICIT DEADLINE for applications for a particular intake. However we do recommend that you apply in advance as it works in the candidates favor to know that he/she is thinking about the program in advance. Applicants set their own deadlines.

For international students, we recommend a year in advance, and for national and European students, around eight months.

But it is important that you take into account the following when establishing your own tentative deadline:

• The IE Admissions Process will take between 30 to 45 days from the moment you present the full application package, regardless of whether you do it at one of IE’s International Offices around the world or directly in Madrid.
• If you need any scholarships or financial aid you need to take into account that deadlines for financial aid are usually earlier. Further information at www.ie.edu/financialaid or from the institution that supplies the scholarship you’re applying for.
• You may simply assume that there are still places available on the program and intake of your choice – based on past experience this is by no means always the case since there are waiting lists and “late-applications” might not be successful.
• Your nationality quota may be reached very early on – for some countries with a large number of applications we need to restrict access to the program to guarantee overall class diversity.
• If you need a student visa before moving to Madrid, you should consider that the process may take from 30 to 60 days from the moment you apply for the visa at the Spanish Embassy of your country. One of the documents the Embassy will request is proof from IE that you’re officially enrolled in our institution. To issue this document and send it to your home address, we will need around 15 days from the moment your place reservation is confirmed. Your place reservation can only be made once you have been admitted and received from the Admissions Department the instructions for the down-payment of 5,000€.
• If you are working you will need to give your company due notice that you will be leaving.

Try to schedule your application in order to have a comfortable timeframe to make your move to Madrid as smooth as possible for you, for your family and your company.

The application should be completed in the language (English or Spanish) in which you plan to study the program. If you choose to present the IE Admissions Test, you would also have to present the test on the language chosen.

If you want to apply for the bilingual option, the application (and the IE Test if applicable) should be completed in the language (English or Spanish) in which candidates plan to study the core part of the program. Non-native speakers of both languages should present English and Spanish language certificates. Admissions interviews will be conducted in both languages.

For a comprehensive list of documents to be presented or to find the online application, please click here and here.

Yes, applied to your last period. However, you must provide the necessary documentation by the deadline established by the program management team. Also, be aware that places per language track are limited.

IE successful candidates have various financial aid options available to assist them with the not inconsiderable cost of pursuing a Master in International Management.

Please visit www.ie.edu/financialaid or http://financialaid.ie.edu/wf_faqs.aspx for detail information.