Global Online MBA
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GLOBAL ONLINE MBA ADMISSION PROCESS
The Admissions Department has a rigorous selection process. We seek motivated, creative and high-potential candidates who stand out for their academic and/or professional achievements, as well as interpersonal skills. The Global Online MBA is an investment into your future—for more information about the cost of the program, click here.
We take a holistic approach when evaluating each candidate in order to bring in the most talented people into our international classrooms.
Students must possess a minimum of 3 years of relevant professional experience to be considered for the Global Online MBA.
The admission process is divided into five steps. Below you will find detailed information on each step, from sending of the online application form to the final decision of our Admissions Committee. In addition, we provide a series of explanatory videos to solve any questions that may arise about the process.
TUITION
March: 60,000€*
September: 62,000€*
* Conditions:
- Special Conditions for IE Alumni, please contact your admissions advisor for more information.
- To become an IE University student, all IE Community members should make a one-off contribution to the IE Foundation. This is a single payment of €1,200 to be made during the enrollment process
PAYMENT PLAN
We understand that you’re making a significant investment and we believe that maximizing the availability of payment plan options is important in making your Global Online MBA affordable. Our payment plans offer the following benefits:
Kindly note that plans with more than three consecutive installments will be charged €400 for the administrative service it involves.
For further information, please contact the Admissions Department.
The ability to pay your tuition fees in up to 12 consecutive installments
They can be used in conjunction with your financial aid award shall you receive a scholarship
Our payment plans are interest-free and there are no pre-approval requirements or credit checks
GLOBAL ONLINE MBA APPLICATION PROCESS
Step 1: Online application form
Candidates must complete the sections that appear in the online application form. Additionally, they must provide the required documents and essential information as follows:
STEP 2: ONLINE ASSESSMENT
Once you have submitted your online application and paid the application fee, you will receive a link to answer three live questions, two in video format and one in written format. This way, our admissions team will be able to meet you virtually and evaluate your capacity to respond in real time.
STEP 3: ENTRANCE EXAM
Students are required to take either the GMAT, GRE, IEGAT or Executive Assessment (EA)
STEP 4: PERSONAL INTERVIEW
You will have a personal interview (face-to-face or via online) with a manager of the Admissions Team.
STEP 5: ADMISSIONS COMMITTEE FINAL DECISION
After the interview, your entire application will be evaluated holistically by our Admissions Committee. This is the last step of your application and it will take roughly 1-3 weeks for the Admissions Committee to get back to you with a final decision. Admissions are valid for the intake you apply to and the following one.
NEED TO TAKE THE IEGAT?
Learn all your need to know about the IE Global Admissions Test.
GLOBAL ONLINE MBA ADMISSIONS TIPS
WE’LL HELP YOU FUND YOUR EDUCATION
The Financial Aid office looks for solutions to help cover program costs. The IE Foundation provides resources thanks to contributions from alumni, corporations and anonymous donors.
LOW INTEREST RATES FOR STUDENTS
IE works alongside some of Spain’s largest financial institutions to bring students affordable ways to finance their programs. In addition to competitive interest rates, these loan programs offer grace periods and up to 10-year repayment plans.
FINANCIAL AID AWARDED TO STUDENTS
Scholarships range from 5% to 35% of tuition, and are awarded according to three criteria: merit, diversity, and financial need. IE also has a special fund with an endowment of €6 million for scholarships aimed at supporting women’s education. All financial assistance is possible thanks to contributions made by various companies to the Corporate Fund of Excellence.
CORPORATE SPONSORSHIP
IE Business School’s blended approach to education provides students with the skills they need to make a real impact within their organizations, while advancing their careers. Instead of having to choose between an education and professional development, students often do both simultaneously with our Global Online MBA.
Approximately 45% of IE Business School students currently receive some form of corporate sponsorship. These companies understand that by participating in our Executive MBA and Global Online MBA programs, their talented professionals will broaden their understanding of the newest business innovation tools, and bring in a refreshing global perspective to their organization.
FINANCIAL AID
We offer customized, merit-based aid and loan programs to make sure financial issues don't impede the success of outstanding students.
Student services
Our team is here to support you with immigration and relocation processes, such as housing, health care, bank accounts, resources for partners and information about life in Madrid, so that you can focus on studying and enjoying the IE experience.
The IE Foundation is working hard to make education accessible to all. As part of your enrollment, we ask that you make a one-time donation to help expand its efforts. Your contribution will have a lasting impact.
GLOBAL ONLINE MBA: FAQS ABOUT ADMISSIONS
WHICH DOCUMENTS ARE REQUIRED TO APPLY TO THIS PROGRAM?
At www.ie.edu/app, candidates should complete the sections that appear in the online application form and must also upload the following documents:
- Bachelor degree from an accredited university (*)
- Official university transcripts (certified translation into English or Spanish)
- 1 page CV/Resume
- 2 letters of recommendation
- Should the Admissions Committee find it necessary, non-native English speakers may be asked to provide an English Certificate; we accept the Cambridge Certificate in Advanced English, Cambridge Certificate of Proficiency in English, Pearson Test of English, TOEFL (minimum score of 100), and IELTS (minimum score of 7.0) exams.
- Photocopy of current passport
- Passport size picture
- Application fee €125 (non-refundable and payable by credit card or cash)
*Possible additional legalization and/or translation requirements might be applicable. Please click here for more info.
- Entrance Exam: GMAT, GRE or IE Global Admissions Test (ieGAT)
- Employment Verification Letter
- Organizational Chart
WHEN IS THE DEADLINE FOR SUBMITTING MY APPLICATION?
We work on a rolling admissions basis, so there is no specific deadline for your application. We will continue to accept applications until the class is full.
FAQS ABOUT FINANCIAL AID
IS THERE A SCHOLARSHIP THAT COVERS 100% OF THE TUITION FEES?
Our Blended students have access to scholarships. On average, scholarships cover approximately 15% of the total tuition cost and are issued based on financial need, academic merit and diversity.
WHEN SHOULD I SUBMIT THE FINAID APPLICATION? SHOULD I WAIT UNTIL I AM ACCEPTED ONTO THE PROGRAM?
You can submit your scholarship application once you have applied for the program.
WHICH SCHOLARSHIPS DO YOU OFFER AND HOW DO I APPLY FOR THEM?
Please refer to our Financial Aid website.