Master in Management
Madrid, Spain
DURATION
11 Months
LANGUAGES
English, Spanish
PACE
Full time
APPLICATION DEADLINE
Request application deadline *
EARLIEST START DATE
Request earliest startdate
TUITION FEES
EUR 43,300 **
STUDY FORMAT
On-Campus
* rolling admissions process
** September 2023 intake; to become an IE University student, all IE Community members should make a one-off contribution to the IE Foundation; this is a single payment of €1,200 to be made during the enrollment process
Introduction
The Master in Management is uniquely designed to empower you to maximize your potential – both inside the workplace and out. Our program will help you define not just your future career but the future you, leading you on a journey of transformation that’s about the person just as much as the professional.
Knowing which direction to take in the world of work can seem like a daunting challenge. That’s why our mission is to help you discover the next best version of yourself – enabling you to pursue your goals on the career path that’s right for you.
It’s a journey that starts with getting to know the current you. We’ll work with you to build a detailed picture of your aspirations, your strengths, your purpose, and any gaps, creating a shared understanding of who you are now and who you want to become. Then we’ll use our expertise to be your trusted guide to get you to that destination.
Our unique educational framework has a radical focus on you. It’s designed to provide a curated learning experience tailored specifically to what you want and what’s best for you. By working together to define the right direction to take, we can help you align your career goals with the impact you want to make and the fundamentals that engage your sense of purpose. Then, we equip you with the tools you need to make it all happen.
Ideal Students
Who is this program for?
- Ambitious changemakers who want to stand out in today’s competitive market and get on a future-proof career path.
- Forward-thinkers who want to gain a 360º view of the world of business and stay ahead of the most important trends.
- Natural leaders looking to kick-start a career in business management.
- Open-minded explorers who crave incredible experiences outside the classroom and thrive in a buzzing city like Madrid.
- Innovators and disruptors who want to explore the world of entrepreneurship and heighten their impact.
- Curious connection-builders who want to forge deep connections with peers from a diverse, international community and looking for networking opportunities with industry experts, business leaders, and international companies.
Rankings
4th in the world Master in Management / QS - September 2022
17th in the world Master in Management / Financial Times - September 2022
Curriculum
The Master in Management (MIM) program is an 11-month journey tailored to your learning needs and career objectives. During the Core Period, you will explore business fundamentals and important skills to help you succeed in any career you might choose to pursue. The Concentration Period will allow you to specialize in a particular discipline aligned with your career objectives. The final Elective Period provides further opportunity for program personalization with over 50 elective courses to choose from.
Pre-programs and start module
The Pre-Program and Start Module are designed to familiarize you (or refresh) with fundamental concepts and skills that are necessary to maximize your learning throughout the program.
Pre-program
Available around one month prior to the program opening, it comprises:
- Pre-Program Finance
- Pre-Program Excel Business Solutions
- Pre-Program Economics
- Pre-Program Financial Accounting
- Pre-Program Quantitative Methods
Start module
The Start Module will provide you with a fun, useful and outside-the-box way to start developing interpersonal and management skills. This immersive experience is completely practical, consisting of a series of informative sessions, lectures and workshops.
- Team Building and Team Learning
- Analytical Thinking
- Case Method
- Diversity and Inclusion Workshop
- Introduction to Sustainability in Business
- Cross Cultural Workshop
- Who Needs a Problem? Workshop
First and second term: core
The first two terms in the program are Core Periods. All Master in Management students takes these courses regardless of their concentration since they provide the fundamental building blocks for a successful business career.
First term
Lasting two months, this first foundational period focuses on business management cornerstones and ensures that all Master in Management students have the tools and skills they’ll need through the program, regardless of their academic background.
- Opportunities & The Entrepreneurial Manager
- Advanced Excel Business Solutions
- Managerial Communication Skills: Presentation
- Data Analytics For Decision-Making
- Financial Reporting
- Leading People And Teams
- Marketing
- Technology And Innovation Management
Second term
After laying some solid foundations, now you’re ready to start building your skills and widening your focus. During the second term, you will explore the more advanced management techniques employed in today’s rapidly changing business environment. Most courses will focus on the implementation of strategies in global organizations.
- Competitive Strategy
- Economics
- Finance
- Intrapreneurship
- Management Accounting
- Managerial Communication Skills: Writing
- Operations And Supply Chain Management
- Coding Principles For Management
- I2i Design Thinking Lab
Third term: concentrations
During the third term, with solid foundations now in place, it’s time to focus on what exactly you want from your degree. Choose from one of seven concentrations to deepen your specialized knowledge in the area most suited to your specific interests and professional goals. Take time to think about this carefully. What will give you the competitive edge you need to outperform your peers in today’s increasingly competitive job market?
We have curated the business careers most suited to our students into the following concentrations:
- Finance & Investments
- Branding, Marketing & Sales
- Strategic Management
- Digital Business and Analytics
- Entrepreneurship & Corporate Innovation
- International Business
Fourth term: electives
Choose from over 50 diverse electives and take full control of your Master's in Management. Students will be able to choose between a variety of pioneering electives to best suit their professional goals and aspirations.
Our thorough and hands-on approach to learning—combined with an experienced and expert faculty—offers you an unparalleled learning experience that will place you one step ahead of the game. With the teaching and support of a top-ranked international institution like IE Business School, you will master your industry skills and widen your professional horizons, all while being able to handcraft your own degree to suit your individual needs and goals*.
Electives
We have grouped the 50+ electives into the following career areas:
- Strategy
- Finance
- Technology
- Marketing
- Entrepreneurship
- Operations
- Financial control
- Economics
- Other electives
Strategic Management Track
The Strategic Management Concentration is for those who want to focus on corporate and business strategy and are looking to pursue a career in management consulting or corporate strategy. The prerequisites are to have a quantitative background, and a competitive GMAT*. This concentration has a unique selection process as it is tailored for the most committed professionals who will stay “on track” from beginning to end. Once the program has started, this concentration cannot be chosen or changed.
For the fourth term, this concentration allows you to carry out:
- An internship
- A social impact project
*Contact your Admissions Representative for more detailed information on admissions requirements specific to the Strategic Management Track.
Career Success
Career Success is a comprehensive and mandatory course designed in collaboration with top recruiters, alumni, and education providers with a clear goal: equipping you with key skills you will need to succeed in your career journey. The foundations acquired in the Career Success classes are complemented by advising sessions (both in groups and one-on-one) with general and sector-specific advisors. Beyond Career Success classes, the IE Talent & Careers team will provide additional support, from beginning to end, and give you access to job postings, talent forums, events, and other networking opportunities throughout the duration of the program. Some of the Career Success elements are:
- Online Learning Journey: Winning CVs, Effective Cover Letters, and Optimizing Your LinkedIn Profile
- Intro to Careers, Resources, and Systems
- Graduate Programs
- How to Become an Impressive Candidate + Pitch Practice
- Online Assessments: How to Ace Aptitude Tests, Personality Assessments & Recruitment Games
- Preparing for Your Video Interview
- Careers in Technology & Digital Business
- International Business & Consulting Careers
- Plan B Session
- How to Get a Job and Where to Apply Now
Career Opportunities
There’s no shortage of career opportunities in today's rapidly changing world. They range from exciting new career areas to more traditional categories that demand new skill sets to succeed. When deciding the next steps to take in your career, navigating the abundance of choices and ensuring your skills will keep you ahead of the curve can be tough. With so much information, it’s hard to find the signal through the noise.
But your career is our job. Our ongoing conversations with companies and analysis of the labor market have informed the way we’ve organized our Master in Management. It’s why we’ve broken the program down into several career pathways that will give you the edge you need to succeed in the workplace of tomorrow.
The entire program is tailored to your unique ambitions, strengths, and gaps. No two people are the same, and neither are any two career paths. First, we’ll help you plan your career. We’ll give you the tools to learn more about yourself and your options. We’ll guide you in choosing a career pathway that’s well-matched to your goals and skills. Then, we’ll help you pursue your plans. We’ll curate an educational experience to give you the exact set of skills you’ll need to achieve your professional goals. Throughout the program, you will evolve. And we’ll be here to ensure the journey always fits your changing needs.
Admissions
Scholarships and Funding
We offer customized, merit-based aid and loan programs to make sure financial issues don't impede the success of outstanding students.
Several scholarship options are available. Please check the university website for more information.
Program Tuition Fee
Program delivery
This is a full-time, one-year program taught in person in Madrid. Students can do the program either fully in English or in a bilingual format (English + Spanish).
English Language Requirements
Certify your English proficiency with PTE. The faster, fairer, simpler English test, accepted by thousands of universities around the world. PTE, Do it worry-free!
Program Admission Requirements
Demonstrate your commitment and readiness to succeed in business school by taking the GMAT exam – the most widely used exam for admissions that measures your critical thinking and reasoning skills.
Download the GMAT mini quiz to get a flavour of the questions you’ll find in the exam.