Master in Applied Economics | IE School of Politics, Economics & Global Affairs

Master in Applied Economics

duration10 months
languageEnglish
locationMadrid + One-week international field trip
intakeSeptember
MODE OF STUDYIn-person
FormatFull-time
duration10 months
languageEnglish
locationMadrid + One-week international field trip
intakeSeptember
MODE OF STUDYIn-person
FormatFull-time

Master in Applied Economics ADMISSIONS & FEES

The IE 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. We take a holistic approach when evaluating each candidate in order to bring in the most talented people into our international classrooms.

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TUITION

33,000€*

*Conditions:

  • Tuition is reviewed on a yearly basis and therefore subject to change.
  • 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 Master in Applied Economics affordable. Our payment plans offer the following benefits.

Kindly note that plans with more than 3 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 5 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

MASTER IN APPLIED ECONOMICS APPLICATION PROCESS

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:

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Admissions step 1

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.

EXAM

Students are required to take either the GMAT, GRE, IEGAT, CFA level I or CAIA level I.

As part of the application process, we encourage potential Master in Applied Economics participants to provide a GRE or GMAT score. This is essential in guiding our admissions decision.

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Admissions step 3

Interview

You will have a personal interview (face-to-face or via online) with a manager of the Admissions Team.

admission step 4

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 1-2 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.

admission step 5
What is the IE Global Admissions Test (IEGAT)? | IE School of Politics, Economics & Global Affairs
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NEED TO TAKE THE IEGAT?

Learn all you need to know about the IE Global Admissions Test.

We encourage potential Master in Applied Economics participants to provide a GRE or GMAT score. This is essential in guiding our admissions decision.

ADMISSION TIPS

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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 | IE

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.

Frequently Asked Questions

Review our FAQ responses to better understand everything related to our Admission Processes.

  • The first step to applying for the Master in Applied Economics is to complete and submit the online application form. You can use your personal email to register a profile on our platform and, by creating a password, you can access it as many times as you need.

  • 1. Online application form:Complete each section of the form and upload the required documents. You can access the online application form here.

    2. Online assessment: Once you have submitted the online application and paid the application fee, you will receive a link to the Kira Assessment . This allows us to get a sense of your personality and potential before proceeding to a possible interview.

    3. Entrance exam: You are required to take either the GMAT, GRE or IE Global Admissions Test (ieGAT). Contact your local office to find out when and where the next exam will take place. 

    4. Personal interview: The Admissions Committee will review your application and determine whether to advance you to the final interview. The interview helps us to get to know you better and gauge your potential as a part of IE University.

    5. Final committee decision: It will take roughly one to three weeks for the Admissions Committee to get back to you with a final decision via email.

    For more information, please click here.

    *Please note that these requirements may be subject to change periodically.

  • Yes. Once we receive your application, we will review the documentation that you have submitted and inform you about the remaining items needed to complete your application.

  • No, there is no deadline to apply. Instead, we have a rolling admissions process, which means that you can apply at any time of the year. However, due to the large number of applications we receive, we encourage you to submit your application as soon as possible. Keep in mind that the student visa processing time may vary from country to country, so contact Student Services for more information.

  • The various stages of our admissions process aim to identify those areas of your academic and personal profile that make you unique, and to make sure that you fit in with our educational model. On average, the admissions process can take between four to six weeks, but it will always depend on each specific case. Places in our master’s programs are limited, and they are awarded on a first-come-first-served basis by strict order of admission date. For more information, please click here .

  • At IE University, we aim to make it easy for talented professionals to access higher education. That’s why we offer several merit- and application-based scholarships, awards and resources to support your academic goals. Learn more about your financial aid options here.