Instituto de Empresa (IE): Innovation in business management
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Instituto de Empresa (IE) is a private university with offices in Madrid and Segovia, specializing in business and innovation
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According to the prestigious Bloomberg Business Week magazine, IE offers the best Entrepreneurship program in Europe and ranks 9th among all Business Schools on the continent (Bloomberg Business Week, 2020)
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Over 130 nationalities are represented, for a total of 75% of international students
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Constant integration of classroom learning with practical experiences in the most innovative companies
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IE is a private university, therefore with a higher cost than other Spanish and European universities: the annual tuition varies from € 21,000 to 23,000. However, through the IE Foundation, IE University also offers several scholarships that are accessible for academic merit and income, and which may partially or fully cover the tuition.
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How does the admissions process work?
1
Complete the application forms
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The first step is an online procedure in which you will have to attach:
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Admission test results (if you have taken SAT, ACT, CAS or LNAT)
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High school transcripts
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Letters of introduction: one from a teacher, another from the principal or director of studies of your school
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Identification documents
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A recent Curriculum Vitae that includes academic background, work experience and extracurricular activities
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A passport photo
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Additional documents: A portfolio of work, diplomas, certificates or awards that make you stand out among the candidates
2
IE Test (if you haven't taken the SAT)
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The IE University Admission Test is conducted in English, and aims to assess your verbal, logical, and mathematical skills in order to corroborate the academic and extra-curricular skills presented in your documents. The test focuses on your ability to reason rather than on concepts, and it also assesses your level of English. You can take this exam in Segovia. Madrid, or in one of the other 30 international IE centers around the world.
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Online Assessment
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The third phase is an online test lasting 20-30 minutes, with 1 written question and 2 questions to be answered through a video recording. You will need a computer with a good internet connection, a webcam, and a microphone. You will be able to request an unlimited number of practice questions before the exam, but you will only have one chance to record the final answers. The Valdo Academics team will help you prepare properly.
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Interview
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The fourth stage is an oral interview, where examiners want to assess personality, critical thinking skills, means of expression, and other communicational skills. Our tutors are experts in interview preparation, and will be thrilled to accompany you every step of the way.
Where could you study?
Segovia Campus
The Segovia Campus is surrounded by history and a green landscape, as it is hosted by the Convent of Santa Cruz la Real, a national monument since 1931. If you want a full-fledged "campus life" experience, IE Segovia is for you: Just 25 minutes away from Madrid thanks to high speed trains, the Segovia campus is a perfect combination of nature, community, and educational and technological innovation, which are always at the center of the university project of IE. With students from over 100 countries, IE Segovia is a global community that offers you a unique development opportunity, academically, personally, and professionally.
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Annual fee 2020-21 (EU / EEA students): € 21,000-23,000 (Source: IE)
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Average cost of living for students in Segovia: from € 800 per month upwards, depending on the choice of accommodation (residence on campus, apartment in the city, or with a host family)
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Madrid Campus
By studying at IE Campus in Madrid you will be immersed both in the life of the city and in the community of innovation and technology at the heart of the identity of IE University. With 75% foreign students from over 130 countries, you will be in a multicultural and dynamic environment. You can choose whether to experience the city independently by renting an apartment or diving into the local culture as a guest in a host family.
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Annual fee 2020-21 (EU / EEA students): € 21,000-23,000 (Source: IE)
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Average cost of living for students in Madrid: from € 900 per month upwards, depending on the choice of accommodation (residence on campus, apartment in the city, or with a host family)
