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03/01/2025

4 min read

Are you looking for a program that seamlessly combines theory and practice to prepare you for a career in consulting, finance or technology? The Master in Management & Strategy gives you the chance to get hands on with practical simulation training, ensuring you’re ready to hit the ground running.

What makes the Master in Management & Strategy unique?

The Master in Management & Strategy at IE Business School is more than your traditional classroom-based postgraduate program. While you’ll gain extensive academic knowledge thanks to our expert faculty, this program is designed to immerse you in the real world of business:

In-depth insights into the operations of leading companies, with firsthand experience of their organizational dynamics

Collaborative teamwork to hone your leadership skills and strategic expertise, enabling you to unlock the next best you; 

Our unique Career Discovery Accelerator, which gives personalized guidance for your personal and professional growth. 

It’s a 15-month, full-time program, taught in-person in the heart of Madrid—a major European hub for tech and business.

The program is taught in English, which is the international language of business and finance. You’ll have the opportunity to grow your global network due to 86% of our students being from an international background.

Simulation training at IE Business School

Who is the Master in Management & Strategy for?

The Master in Management & Strategy is for aspiring leaders who want to excel in any global company. You’ll have: 

1. A solid academic background in business, finance, economics or STEM; 

2. Experienced professionals who demonstrate experience of one to three years in the above fields or relevant and related areas;

3. A clear career aspiration to pursue opportunities in strategy & management consulting, financial services or technology

4. Readiness to be challenged, to lead and to grow both personally and professionally. 

Real-life simulations: Medical Intelligence Monitoring Systems, Inc. (MIMS, Inc.)

The Master in Management & Strategy incorporates an immersive methodology to prepare students for the challenges of today’s business world and accelerate their career trajectories.

1. You’ll be exposed to the work environment of a simulated company—Madrid-based Medical Intelligence Monitoring Systems, Inc. (MIMS, Inc.), a specialist in wearable health monitoring devices, founded in 2015.

2. The simulated company develops cutting-edge solutions which are aimed at individuals with chronic conditions and health-conscious consumers. Its flagship products include CGM+, a continuous glucose monitoring device; Metabreath, a metabolic breath analyzer; and FitMIMS, a fitness tracker.

3. In the Master in Management & Strategy, you’ll experience graduate-program simulation training with the company. This is faciliated by expert faculty members who’ll play the role of department head at MIMS, Inc.

4. You’ll gain strategic foresight and international business vision from inside a rapidly growing company, focusing on the advanced business fundamentals you’ll need in the real world.

Masters in management at IE Business School

Our simulation training gives you the chance to put business soft skills into practice.

A project-based approach for the real world of business

The Master in Management & Strategy employs a project-based approach, using a role-play structure to capture real-world team dynamics. You’ll also work together with our Master in Management students for labs and electives, broadening your perspective and allowing you to forge professional connections. 

Here are some of the features that make this program ideal for those seeking to upgrade their careers: 

Department challenges

We divide students into groups, or “mini departments,” in which each of them plays a specific role. You can think of these as business sprints carried out in the classroom!

Role-play structure for simulation training

Role plays occur throughout the core terms of the program, with department rotations in the first and second terms. We allocate students to various “departments,” each representing different core classes. Within these departments, you’ll sharpen and refine your foundational skills across functional areas including strategy, finance, marketing, operations, IT and HR.

The Lab

One of IE Business School’s most successful learning experiences and a key part of the program’s business simulation. In teams, you’ll tackle a real-world business challenge, receive firsthand briefings from company executives, and engage with them throughout the five-week module. You can choose from the following Lab options: the Business Impact Lab, Startup Lab, Tech Lab or Social Impact Lab. 

A mandatory internship

You’ll access our extensive network of partnership agreements and choose the company that’s right for you. This is an opportunity for networking and also helps you apply everything you’ve learned in the program in a real-life setting.

The immersive Strategy Challenge

Here you’ll assume the role of a department head within a simulated company operating in a dynamic market environment. Over three months, you and your team will navigate real-world challenges and opportunities across various sectors.

Global Immersion Month

You’ll gain crucial international experience as you explore two different cities. You’ll have a week of immersive classes with our academic partners in each city, followed by a week of company visits to get up-to-date insights into the local business landscape. This therefore gives you in-depth knowledge of foreign industry.

Study with us at IE Business School for advanced simulation training

Ready to uncover the next best you and upgrade your career in consulting, finance or tech? Download the brochure now for more information, or get in touch with us to begin your application!