A typical IESE Business School MiM cohort , drawn from 31 nationalities.
| Average age | 23 |
|---|---|
| Nationalities | 31 |
Frequently asked questions
How much does the IESE Master in Management cost?
Total tuition for the September 2027 intake (Class of 2028) is €55,500 — IESE rolled its payments table to that cycle between 31 August and 13 September 2026, up from the €52,000 it published for the September 2026 intake. A €10,000 non-refundable commitment fee is due after admission to hold a seat and is deducted from the total, with the remaining €45,500 instalment due in September 2027. There is also a €120 application fee, and IESE notes that travel and accommodation for the Overseas Module and the London Banking Week are not included in tuition. Merit-based scholarships are allocated across the rounds, so applying early helps.
When are the IESE Master in Management application deadlines?
IESE publishes eight rounds for the September 2027 intake, which it labels MiM-28: 2 October 2026, 6 November 2026, 11 December 2026, 15 January 2027, 22 February 2027, 26 March 2027, 2 May 2027 and 4 June 2027, with decisions about four to six weeks after each submission. That is eight rounds where the previous cycle ran ten. The calendar was published between 31 August and 13 September 2026, so a profile that told you the dates were unavailable was out of date rather than wrong. One caveat outranks the round you choose: IESE states that candidates without an EU passport must submit before 1 May because of Spanish immigration policy, which makes Round 7 the effective deadline for most international applicants. Seats and scholarships fill across the cycle, so applying early is an advantage.
What is the IESE Master in Management class profile?
The IESE MiM is a pre-experience programme — the average age at entry is 23, students typically have zero to two years of work experience, and the cohort represents more than 30 nationalities. It is taught entirely in English, and IESE selects for academic strength and international diversity rather than a single background.
What GMAT score do you need for the IESE Master in Management?
IESE does not publish a class-average GMAT, and you are not obliged to take the GMAT specifically — the GRE and IESE's own admissions test are accepted alternatives. For reference, IESE has cited an admitted range of roughly 545–715 on the GMAT Focus edition (580–750 on the classic GMAT). As a pre-experience programme it weighs academics, the aptitude score and fit together rather than a single cut-off.
From the forums
Self-reported posts from applicants and students on public forums — useful colour, but anecdotal and unverified. Not official school data.
In a three-way comparison of the IESE, Esade and IE MiMs, a candidate noted IESE's higher tuition (≈€45–52k vs Esade ≈€33k) but that an IE-vs-IESE poll ran 87% in IESE's favour.
Forum discussion of the IESE MiM flagged that strong Spanish (C1+) materially helps local placement, and that non-EU candidates should plan around visa-sponsorship constraints.
Sources
- IESE Business School — Master in Management (MiM) overview. Re-read 2026-09-13 (P33b). The programme FAQ states the English rule in IESE's own words, verbatim: 'All candidates must have an official University degree, provide the official transcripts, and submit a recommendation letter. Additionally, non-native English speakers must submit English exam (TOEFL 100 or IELTS 7.0 or Cambridge Proficiency).' Note the two pages list different test sets — this one omits the PTE Academic 68 that the admissions page carries — and neither publishes an exemption. The page's own fact strip has also rolled to the next cycle: 'Length 11 months', 'Start date September 2027', 'Fees €55,500', 'Average age 23 years'. And a rule for most of this site's readers that was on neither this profile nor any post, verbatim: 'For candidates without an EU Passport, you must submit your application before the 1st of May due to the Spanish immigration policy.' ↗ — IESE Business School
- IESE Business School — MiM admissions, fees & rounds. ENGLISH EVIDENCE CHECKED 2026-09-13 (P33b) and the page ROLLED CYCLE between reads. The English requirement is listed among "Documents required" with no qualifier at all — verbatim: 'English test: TOEFL 100 | IELTS 7.0 | Proficiency | PTE academic 68, TOEFL iBT and IELTS Academic' — and the word 'exempt' and the word 'waiver' appear nowhere on the page. The 'non-native English speakers' framing this profile uses is IESE's OWN, from the programme page's FAQ (source 1), so it is a reproduction rather than a correction; what is NOT published anywhere on either page is an exemption route, which is why the essays post's 'unless you qualify for an exemption' was removed in the same pass. Read against the 2026-08-31 read, three things changed: tuition €52,000 → '€55,500*' under '*Tuition Fee applicable for September 2027 intake -Class of 2028-'; the September instalment €42,000 → '1st Tuition Installment €45,500 September 2027'; and the calendar, which on 08-31 was still the closed September 2026 set, now reads 'Admissions rounds MiM-28 Round 1 October 2, 2026 · Round 2 November 6, 2026 · Round 3 December 11, 2026 · Round 4 January 15, 2027 · Round 5 February 22, 2027 · Round 6 March 26, 2027 · Round 7 May 2, 2027 · Round 8 June 4, 2027' — eight rounds, not ten. Unchanged: the €120 application fee and the €10,000 non-refundable commitment fee deducted from the total. Also published: 'Travel and accommodation expenses for the Overseas Module and for the London Banking Week are not included in the MiM tuition fees' ↗ — IESE Business School
- IESE Business School — MiM programme structure ↗ — IESE Business School
- IESE Business School — MiM class profile ↗ — IESE Business School
- Financial Times — Masters in Management 2025 ↗ — Financial Times
- QS Business Masters Rankings: Management 2026 ↗ — QS Quacquarelli Symonds
- IESE Business School — MiM career impact & employment report ↗ — IESE Business School