Total tuition for IESE's Master in Management is €55,500, and the figure moved with the cycle: re-read on 13 September 2026, IESE's payments table is now headed "Tuition Fee applicable for September 2027 intake -Class of 2028-" and reads €55,500, where the September 2026 table this profile previously quoted read €52,000. The money is staged — a €10,000 non-refundable commitment fee to hold the seat after admission, deducted from the total, then a €45,500 instalment due in September 2027 — and a €120 application fee is payable with the form. IESE also notes that travel and accommodation for the Overseas Module and the London Banking Week sit outside tuition, so the sticker is not the whole cost. Merit scholarships are assessed as part of admissions and allocated across the rounds, which is a second reason to apply early.
Tuition for the IESE Business School Master in Management is €55,500 (September 2027 intake / Class of 2028) for the 11 months program.
| Total tuition | €55,500 (September 2027 intake / Class of 2028) |
|---|---|
| Tuition (numeric) | €55,500 |
| Program length | 11 months |
| Median tuition (80 euro-priced MiMs we track) | €23,157 |
On tuition, the IESE Business School MiM ranks #78 of 80 euro-priced MiMs we track — above the €23,157 median. See how it stacks up on our cheapest MiMs in Europe and best-value shortlists.
Tuition figures are the published rate for the 2026–27 cycle and exclude living costs, travel, and optional exchange fees. Scholarships and need-based aid can materially reduce the net cost — see the FAQs below.
Frequently asked questions
How much does the IESE Master in Management cost?
Where does IESE rank for the Master in Management?
When are the IESE Master in Management application deadlines?
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