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IE University: Overview, Rankings, Fees & Courses

Shiksha popularity ranking
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#675 in World

#11 in Spain

Dark Clock Icon Last updated on 8 Oct '25

About IE University

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Year of establishment
1973
Also known as
IE
University website
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No. of campus
1
Accepted exams
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Commonly asked questions
On Highlights
Q:   What is the IE University acceptance rate?
A: 

Various unofficial sources have mentioned that IE Business School acceptance rate is 41%. The overall university acceptance rate is 32%. Looking at the acceptance rate, it can be said that the university is selective. Hence, to get admission to the university, the applicants must aim to meet all the entry requirements. The general academic entry requirements to get into master’s course require students to have a bachelor’s degree. Whereas, to get admission to the bachelor’s courses, the applicants are required to have a high school qualification.

Q:   What are the IE employability rankings?
A: 

IE University ranked at #18 worldwide in the Times Higher Education 2023 Employability Rankings. These rankings depict the results of the World 250 Universities depicting that the employers are increasingly seeking graduates with strong teamwork skills and a collaborative and social engaged mindset linked to leadership and impact. This is the 6th consecutive year which shows that IE University has ranked in the World’s Top 25 Universities for employability.

Q:   Does IE University teach in English?
A: 

IE University offers English-taught bachelor’s programs that integrate different teaching methodologies and allow students to discover their full potential. Even at the graduate level, there are many master’s programs that are taught in English such as International MBA, MIM, Masters in Finance, Master in Software Engineering, etc. Also, note that the university follows a Rolling application process, which means students can apply anytime during the year. However, for master’s programs, the university recommends students to apply 6 months before the programme start date.

IE University Ranking 2025

#675

World level
Shiksha Popularity Rank
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#11

Country level
Shiksha Popularity Rank
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Course wise : Shiksha Popularity Rankings
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Commonly asked questions
On Rankings
Q:   What is the ranking of IE MBA in the world?
A: 

IE University Spain MBA course ranking in the world is quite good in the top ranking publishers list such as Financial Times and QS. In the 2024 rankings, here are the IE MBA course rankings:

Ranking Body

2024

Financial Times – Global MBA

#20 in World, #7 in Europe

QS Global MBA

#8 in World

Even in 2023, IE Business School was placed within the Top 10 Business Schools and in 2024 too, it is placed within the same category. In the Financial Times rankings, IE Business School ranking has improved in 2024 in the MBA category. In 2023, it was placed at #22 position and now, in the year 2024, IE is placed at #20. Check Financial Times ranking methodology from here

IE University Admission 2026

  • Application fees :Euro 120 - 150
  • Type of deadline :Rolling
Document IconDocuments
Type of documentsApplicable for
SOPNot required
LORNeeded for all courses
EssaysNeeded for few courses
CVNeeded for all courses
Additional documentsRequired
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Commonly asked questions
On Admissions
Q:   Is there a deadline for applying to IE?
A: 

There is no specific deadline to apply to IE University. A rolling admission process is followed at the university. The applications are reviewed regularly at the university. However, note that there is a limited number of places in the programs, both at the UG and PG levels, the university has recommended to apply at least a few months before the programme start date.

Q:   How long does it take to get a decision from IE University?
A: 

After the completion of all the application steps of IE IE Spain, which includes the submission of the documents and passing the personal interview the admission committee at IE University will evaluate the application. The applicants are going to be notified on their final decision via email in roughly 1-2 weeks. Students are given the admission decision as Conditional or Unconditional admission.

IE University
IE University Scholarships

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Commonly asked questions
On Scholarships
Q:   Does IE give full scholarships?
A: 

IE University offers scholarships to both undergraduate and graduate students. However, the scholarship value varies as per the course level. IE scholarships for master’s courses can cover 10 – 40% of the tuition fees. Whereas, the IE University Spain UG scholarships can cover 10% - 60% of the tuition fees. A few of the UG scholarship options are the IE Academic Achievement Scholarship, IE Personal Excellence Scholarship, IE Humanities Scholarship, etc.

Q:   What scholarships are offered by IE University for master's students?
A: 

Direct Awards and IE Scholarships are a few broad categories of scholarships that are offered to IE University Spain students. The details of these scholarships are given below:

Direct Awards

·         These are the merit-based scholarships. They are offered automatically to students, without submitting a separate application

·         Some of the IE Direct Awards are IE Business School Dean’s Award, IE High Potential Award, IE Law School Dean’s Awards, etc.

IE Scholarships

·         IE Scholarships for master’s courses are open to students for all master’s programs

·         These scholarships can cover 10 – 40% of the tuition fees

·         Some of IE University master’s level scholarships are IE High Achiever’s Scholarship, IE Scholarship, IE Women Scholarship, etc.

IE University Popular Courses

BBA
MBA/PGDM
M.Sc.

₹26.18 LGet Fee Details

₹26.18 LGet Fee Details

₹26.18 LGet Fee Details

IE University Placements

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Commonly asked questions
On Placements
Q:   What is the placement rate for IE University graduates?
A: 

As mentioned in the career report for 2023, 96% of the IE University’s job seekers mentioned they started working 6 months after graduation. More than 350 companies recruited at least 1 IE University Spain graduate. A few of the top hiring companies are OECD, McKinsey & Company, Morgan & Stanley, Goldman Sachs, Ogilvy, Amazon, Ford, IBM, Bain & Company, etc. Majority of the job sectors for 2023 graduates are Consulting, Technology, Financial Services, Consumer, Luxury & Retail, etc.

IE University Fees

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Courses1st Year Tuition FeesDuration & Eligibility
BBA(3 courses)
Duration4 years
Exam AcceptedIELTS: 7 & Above, TOEFL: 95 & Above, Duolingo: 130 & Above
MBA/PGDM(10 courses)
INR 36 L - 1 CrGet Fee Details
Duration10-19 months
Exam AcceptedGMAT, GRE, IELTS: 7 & Above, TOEFL: 95 & Above, Duolingo: 120 - 130
M.Sc.(8 courses)
INR 36 L - 45 LGet Fee Details
Duration10 months-1 year
Exam AcceptedGMAT, GRE, IELTS: 7 & Above, TOEFL: 95 & Above, Duolingo: 120 - 130
Read more
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Commonly asked questions
On Fees and Eligibility
Q:   Does IE require GMAT for MIM?
A: 

Yes, IE Spain requires a GMAT score for its Master in Management (MIM) program. Given below are all the application requirements for the IE Spain MIM course:

  • A bachelor’s degree or equivalent
  • GMAT / GRE score
  • English language proficiency score
  • 1 page CV
  • 2 Letters of recommendation
  • 1 passport-size photograph and passport copy
Q:   How much is the IE University fee per year?
A: 

The tuition fees at IE University vary from course to course. The tuition fee range of this university is between INR 30 lakh – INR 99 lakh. Refer to the table given below to learn about IE University tuition fees for international students:

Courses

1st Year Tuition Fees

MBA/PGDM (10 courses)

INR 30 L - 99 L

BBA (3 courses)

INR 22 L

MSc (7 courses)

INR 30 L - 37 L

MIM (1 course)

INR 39 L

Living Cost: Besides the tuition fees, students are required to pay the living expenses as well. The expenses that IE Spain has mentioned for the year 2023-24 for students living in Madrid are given below:

Particulars

Expenses Per Month

Housing

  • Housing: €850 – €1100
  • 1 Bedroom apartment: €950 – €1300
  • 2 Bedroom apartment: €1400 – €1900
  • Room in shared apartment: €550 – €900
  • Room in a private residence: €1000 - €1500

Supply Services

  • Electricity: €70 – €150
  • Gas heat: €100 – €250
  • Water: €40 - €60

Connectivity Services

  • Cell phone: €30 - €60
  • Internet + Landing telephone: €50

Others

  • Groceries: €200 – €350
  • Public Spanish Medical Insurance: €55
  • Private Health Insurance: €40 -€ 60

Also Check: Cost of Living in Spain for International Students 

Q:   What are the requirements to get into IE University?
A: 

To get into IE University Spain, the applicants must meet the minimum requirements. For admission to the bachelor’s courses, the applicants must have a high school qualification. The requirements vary as per the prior education at the UG level, hence, it is advised to check the official website of the university to know details. For admission to the master’s courses, the applicants are required to have an undergraduate degree. Besides meeting the academic requirements, the applicants are required to meet the English language proficiency requirements too.







IE University Notable Alumni

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Commonly asked questions
On Alumni
Q:   Who are the famous IE University MBA alumni?
A: 

A few of the famous IE University MBA alumni include the following names:

Names

Profession

Gerhard Peter Gross

President & CEO of Daimler Financial Services Mexico

Isabel Yordi Aguirre

Program Manager, Gender and Human Rights at WHO

Pablo Largacha

Vice President, Business Planning & Integration at Coca-Cola Company

Alessio Quaglini

Co-Founder & CEO of Hex Trust

College comparison

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Compare IE University with other similar colleges

BBA
MBA/PGDM
M.Sc.
College1st Year Tuition FeesRanking
INR 26.18 L#438 QS, 2026
INR 32.48 L -/-
INR 7.01 L#351 THE, 2026
INR 15.44 L#550 US News, 2025
INR 18.11 L -/-
INR 10.16 L - 13.3 L#107 THE, 2026
The values are of the latest years available with Shiksha. For more details, check detailed comparison
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IE University
Studying in Spain

Key Facts About Spain

Insights on education, demographics & weather.
Education in Spain
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26+
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1.26K
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20 Per week
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1 year
Country stats
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Madrid
keyUsers Key Fact Icon
47.2M (2023)
chartMixed Key Fact Icon
2%
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Spanish
Weather
November
CF
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IE University Campus Life

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Comments

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IE University

Student Forum

chatAnything you would want to ask experts?
Write here...

Answered 3 months ago

It has been mentioned officially that if students meet all the requirements after completing the application of IE Business School Master's courses, the school will invite students to an interview with an Admissions Manager. Students are going to receive the admission decision via email within two w

...Read more

A

Anya Aggarwal

Contributor-Level 10

Answered 11 months ago

  • If you want to work in India or South Asia, and if you value strong academic rigor and a network in the Indian business ecosystem, IIM Ahmedabad is likely the better option.
  • If you seek a global career, prefer a shorter and more flexible program, and are interested in working in Europe, Latin America

...Read more

V

Veerraj Sen

Contributor-Level 9

Answered 11 months ago

EADA Business School is generally cheaper than IE University, especially for MBA and Master's programs. If cost is a significant factor in your decision, EADA offers a more affordable option while still maintaining a good reputation for business education.

However, if you're looking for a broader, mo

...Read more

V

Veerraj Sen

Contributor-Level 9

Answered a year ago

Yes, an ordinary Indian student can enrol at IE University, but only provided they fulfil certain extracurricular and academic requirements. All applications are evaluated holistically by IE University in Spain, which takes into account academic performance, extracurricular activities, recommendatio

...Read more

M

Muskan

Contributor-Level 10

Answered a year ago

The following documentation is required for Indian students applying for a visa at IE University:

  1. A travel document.

2. The IE University offer letter.

3. Proof that the tuition for the first year was paid.

4. Proof that you have adequate money to cover your everyday expenses.

5. The result of a test of

...Read more

M

Muskan

Contributor-Level 10

About the author

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Loveleen Sharma

Study Abroad Expert

Loveleen is a seasoned content writer with 4+ years of experience, currently writing for Shiksha. When he is not writing and helping students, he can be found at the movies, reading fiction, and learning a new language.
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IE University
Location

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University CityMadrid, Other - Spain, Spain

IE University
Campuses

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Segovia CampusUp Arrow Icon
Address

P.º de la Castellana, 259, 28046 Madrid, Spain

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IE University
Contact Information

Address

P.º de la Castellana, 259, 28046 Madrid, Spain
Madrid ( Other - Spain)

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