IESE Brochure

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    CONTENTS

    Letter From the Dean

    IESEs Full-Time MBA

    Curriculum & Calendar

    Global Perspective

    IESE Around the World

    Inspiring Faculty, Exceptional Students

    Campus Life

    Lifelong Career Support

    Admissions Process

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    3MBA Programs THE FULL-TIME MBA

    LETTERFROM THE DEAN

    Now more than ever, the global business world is calling for well-prepared

    business leaders those who possess wisdom and knowledge, solid business

    skills, a global mindset and a desire to make a positive impact on society. Our

    MBA program was specifically created to develop this kind of leader. Its unique

    curriculum combines a general management perspective, an international focus

    and a deep understanding of the global business arena, all structured within an

    ethical framework.

    For more than 50 years, IESE Business School has been committed to developing

    exceptional executives and entrepreneurs who also have the desire to make a

    positive and lasting impact in the world. With students from more than 50 countriesand faculty members reflecting around 30 nationalities, the IESE MBA stands out

    for its global focus and character. The programs case method offers a powerful

    approach for gaining critical analytical and decision-making skills.

    Our graduates, however, say the IESE community itself is one of the most enriching

    aspects of the program. For 19 months, students interact daily with dedicated

    faculty members and talented peers in an atmosphere of trust, collaboration and

    shared values. The rewards of this experience last a lifetime.

    If you are seeking an MBA program that will transform you both professionally and

    personally, I invite you to learn more about IESE and its Full-Time MBA program.

    Warm regards,

    Jordi Canals

    Dean of IESE Business School

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    4 MBA Programs THE FULL-TIME MBA

    IESESFULL-TIME MBAIESE Business Schools MBA program takes a holistic, general management approach,

    giving students the skills and tools they need to become highly effective leaders in a global

    business environment. Top-ranked among MBA programs worldwide, the program prepares

    well-rounded business leaders who are dedicated to making a positive impact on society.

    MBA PROGRAM HIGHLIGHTS

    IESEs 19-month MBA program stands

    out for its high-quality curriculum and

    the distinctive learning experience it

    offers. Because the program is bilingual

    (English-Spanish) and highly international,

    students acquire vital language andcross-cultural skills that have a long-term

    impact on their careers.

    A general management view is taken

    throughout the program, with different

    business disciplines taught as interrelated

    subjects. The MBA seeks to develop

    students ability to assimilate information

    quickly, isolate problems efficiently and

    hone self-leadership skills. The program

    is aimed at highly motivated students

    who have earned a bachelors degree orequivalent and who have several years

    of work experience.

    THE CASE STUDY METHOD

    IESE professors widely employ the

    case-based study method, which

    comprises roughly 80 percent of the

    curriculum. This practical, hands-on

    approach strengthens students analytical

    and decision-making skills as they probereal business problems and scenarios.

    During the program, students explore

    more than 600 real cases that reflect

    business situations in diverse industries

    and geographic areas.

    This approach also lends itself to the

    global focus of the program. Within a

    collaborative environment, students and

    professors who reflect many different

    nationalities carry out an active dialogue,

    while exchanging ideas and perspectives.

    The case study method is a

    comprehensive approach.

    The professors present a situation

    and give you the opportunity to

    immerse yourself into a company

    or a crisis. Personal analysis

    combined with team and classroom

    discussions help you dissect the

    issue from numerous vantage

    points. This exhaustive examination

    allows students to gain insights on

    how they might handle a similar

    challenge in the future.

    David Edwards (MBA10)David Edwards (MBA10)

    United States. He studied law at the

    University of California-Los Angeles. Before

    starting his MBA, he worked in advertising

    and business development in New York City.

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    5MBA Programs THE FULL-TIME MBA

    A GLOBAL MBA

    The MBAs bilingual curriculum allows

    students to live and study in both

    languages.

    The student body is highly international

    and represents more than 50 countries.

    Faculty members reflect nearly 30

    countries and hold Ph.D.s from the

    worlds most prestigious universities.

    Case studies and coursework are based

    on international business scenarios.

    World business leaders and heads of

    government regularly visit the campus

    for special conferences, speaker series

    and keynote addresses.

    ABOUT IESE

    Created in 1958, IESE Business School

    is a pioneer in international business

    education. The school established its

    Full-Time MBA program the first of

    its kind in Europe in 1964 under the

    guidance of the IESE-Harvard AdvisoryCommittee.

    IESE develops business leaders who

    seek to make a positive impact on the

    global business world through their

    professionalism, integrity and spirit of

    service. With this in mind, the MBA takes

    a comprehensive view of organizations,

    while emphasizing ethics and the impact

    of business decisions on individuals and

    on society as a whole.

    IESE is an initiative of Opus Dei, a personal

    prelature of the Roman Catholic Church.

    The schools values stem from the Christian

    tradition, which advocates the intrinsic

    rights and dignity of each individual.

    Following this, emphasis is placed on the

    ethical dimens ions of decision making,

    indispensable for personal growth and

    corporate sustainability.

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    6 MBA Programs THE FULL-TIME MBA

    CURRICULUM& CALENDAR

    The MBA curriculum provides a solid management foundation, treating essential business

    areas as integrated parts of a whole. The programs challenging workload helps students

    assimilate information quickly, isolate problems efficiently and hone the time-management

    skills needed in todays demanding business environment.

    THE FIRST YEAR:

    GENERAL MANAGEMENT PERSPECTIVE

    In the first year, students are assigned

    to small teams that are carefully

    crafted to ensure the widest possible

    mix of academic, professional and

    cultural backgrounds and perspectives.

    These study groups become a vital

    reference point, while fostering a

    spirit of collaboration that extends

    across the student body as a whole.

    Students take interrelated courses

    covering key business areas, which

    integrate an international perspective

    and ethical decision making. Each

    weekday morning, teams meet to discuss

    the cases prepared the day before.

    Team sessions focus on identifying root

    problems and presenting analyses

    a necessary task before entering the

    classroom.

    SUMMER TERM:

    CORPORATE INTERNSHIPS

    During the summer between the first and

    second years, students have the option

    of participating in a corporate internship

    anywhere in the world.

    Corporate internships offer a perfect

    avenue to explore new sectors, companies

    and countries. They add to the global

    dimension of the program and are often

    a source of job offers after graduation.

    First Year: Building a Foundation

    Term 1 Term 2 Term 3 Summer Term

    October-December January-March April-June June-September

    Analysis of Business

    Problems

    Decision Analysis

    Financial Accounting

    Marketing Management

    Leadership

    Capital Markets

    Competitive Strategy

    Marketing Planning

    and Implementation

    Managerial Accounting

    Globalization of Business Enterprise

    Operational Finance

    Operations Management

    Global Economics

    Fundamentals of Entrepreneurial

    Management

    Corporate Finance

    Leading Organizations: Systems,Values and Ethics

    Operations Strategy

    Transforming Organizations and

    Markets with ICTs

    Quantitative Methods for Management

    Capstone In-Company Project

    Corporate Internship Program

    Business Spanish*

    *For those not fluent in Spanish.

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    THE SECOND YEAR:

    TAILORING YOUR MBA

    After building a solid foundation during

    the first year, students are able to tailor

    their MBAs by selecting courses from

    more than 70 electives. Eligible students

    have the chance to participate in the

    International Exchange Program and

    spend their first semester at one of

    the many top business schools around

    the world.

    IESEs entrepreneurship courses provide

    the forum and financial resources to help

    students turn a new business venture

    into reality. With the schools strong focus

    on entrepreneurship and its history of

    innovative firsts, its not surprising that

    about a third of MBA students create

    their own businesses within 10 years of

    graduation.

    Second Year: Defining Objectives

    Term 1 Term 2

    October-December January-April

    6 Electives** 6 Electives**

    Students may select 6 electives each term out of a total of 70.

    International Exchange Program (optional)

    General subject areas:

    Accounting and Control

    Global Economics

    Managerial Economics

    Business Ethics

    Managing People in Organizations

    Financial Management

    General Management

    Marketing

    Production, Technology and Operations

    Entrepreneurship

    Business Spanish*

    * For those not fluent in Spanish.

    ** See www.mba.iese.edu for the complete list of required general management and elective courses.Course content may be subject to slight variations.

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    8 MBA Programs THE FULL-TIME MBA

    THE INTERNATIONAL EXCHANGE PROGRAM

    Further enhancing IESEs MBA program

    is the chance to study for one semester

    at another top business school. Each

    year, about one-third of the second-year

    class is selected, based on grade point

    average, to take part in the schools

    international exchange program.

    Partner Schools

    BERKELEY Haas School of Business, UC Berkeley, USA

    CEIBS China Europe International Business School, China

    CHICAGO The Univers it y of Chic ago Bo oth Sc hoo l of Busi ness, USA

    COLUMBIA Columb ia Busine ss Scho ol, Columbi a Univers it y, USA

    CORNELL Johnson Graduate Schoo l o f Management, Corne ll Unive rs ity, USA

    DARDEN Darden Graduate School of Business, University of Virginia, USA

    DUKE The Fuqua School of Business, Duke University, USA

    HEC HEC School of Management, France

    IAE Instituto de Altos Estudios Empresariales, Universidad Austral, Argentina

    ISB Indian School of Business, India

    KEIO Graduate School of Business Administration, Keio University, Japan

    KELL OGG Kellog g School of Management , Northwes te rn Uni ve rsi ty, USA

    LBS London Business School, University of London, UK

    MBS Melbourne Business School, University of Melbourne, Australia

    MICHIGAN Stephen M. Ross School of Business, Unive rs ity o f Michigan, USA

    MIT Sloan School of Management, MIT, USA

    NYU Leonard N. Stern School of Business, New York University, USA

    RSM Rotterdam School of Management, Netherlands

    TUCK Tuck School of Business at Dartmouth, USA

    UCLA The Anderson School at UCLA, USA

    UNC The Kenan-Flagler Business School, University of North Carolina, USA

    WHARTON The Wharton Schoo l o f the Unive rs ity o f Pennsyl vania, USA

    YALE Yale School of Management, USA

    At the University of Michigan,

    I had the quintessential

    American university experience.

    The academics were enriched by

    student-led initiatives and the

    strong entrepreneurial culture

    that permeates the campus.It was a great chance to network

    and be a part of a group of

    warm and welcoming students.

    Shilpika Gautam (MBA10)Shilpika Gautam (MBA10)

    India. She earned an engineering

    degree at Indira Gandhi Institute

    of Technology and worked at Tata

    Consultancy Services before starting her

    MBA. After graduation, she secured a

    position in global markets at DeutscheBanks London offices.

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    GLOBALPERSPECTIVE

    IESE MBA graduates leave the program with a deep understanding

    of global business dynamics. Throughout the program, they are

    challenged to confront and solve business problems in a multicultural,

    multilingual context.

    INTERNATIONAL PROGRAM FEATURES

    Students are immersed in a stimulating

    environment of many cultures that brings

    new perspectives and new insights on a

    daily basis. No other business school in

    the world offers an international focus of

    such a high caliber.

    Faculty members represent nearly

    30 countries.

    International students comprise

    80 percent of the student body and

    represent around 50 countries.

    Case studies and coursework are based

    on international business scenarios.

    Multinational student teams mirror

    todays global work environment.

    A focus on ethics prepares students

    to make a positive impact on the

    international business community.

    The International Exchange Program

    enriches the programs global

    dimension.

    IESEs active worldwide presence brings

    up-to-the-minute global changes into

    the classroom.

    THE BILINGUAL ADVANTAGE

    IESEs bilingual MBA in English and

    Spanish allows students to live and work

    in both languages, although they are not

    required to speak Spanish before starting

    their MBA . At the end of the program,

    students are eligible to take the DIEN

    exam (Intermediate Diploma of Business

    Spanish), jointly conferred by IESE and

    the Barcelona Chamber of Commerce,

    Industry and Navigation.

    GLOBAL KEYNOTE SPEAKERS

    Prominent world business leaders and

    heads of government regularly come

    to the campus for special conferences,

    speaker series and keynote addresses.

    Recent speakers include Bill Baker,

    president and CEO of Thirteen/WNET;

    Michel Camdessus, former managingdirector of the International Monetary

    Fund; Martin Wolf, associate editor and

    chief economics commentator at the

    Financial Times; and Muhammad Yunus,

    founder of the Grameen Bank and Nobel

    Peace Prize Laureate, among many

    other worldwide business and economic

    luminaries.

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    12 MBA Programs THE FULL-TIME MBA

    INSPIRING FACULTY,EXCEPTIONAL STUDENTS

    IESE FACULTY

    IESEs outstanding professors hold

    Ph.D.s from the worlds most prestigious

    universities and are internationally

    acclaimed for their research on current

    business issues. Moreover, they are

    successful business people themselves,

    many leading their own enterprises.

    IESEs student/faculty ratio of 4:1 ensures

    close, enduring relationships between

    students and professors. While each

    student is assigned a faculty mentor,

    open-door policies ensure access to all

    professors.

    STUDENT PROFILE

    IESEs highly selective admissions

    process, along with the schools

    prominent reputation among global

    business schools, ensures a high-caliber

    peer group. IESEs MBA student body

    reflects not only intellectual capability,

    but also an extraordinary diversity

    of backgrounds and experiences.

    Number of students 280

    Average age 27

    Average work experience 4 years

    Female students 26%

    International students 80%

    Number of countries represented 50

    Average languages/student 3

    Countries most representedBrazil, Canada, France, Germany,

    India, Japan, Mexico, United States

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    13MBA Programs THE FULL-TIME MBA

    One of the hallmarks of the IESE MBA is its highly personalized and supportive learning

    environment, where talented professors and students work together to tackle relevant

    managerial problems. Students leave the program transformed by the exposure to new

    ways of thinking about the global business world.

    MBA PROFILE AT A GLANCE

    WORK EXPERIENCE

    Fewer than 3 years

    Between 3 and 4 years

    Between 5 and 6 years

    More than 6 years

    18%

    42%

    27%

    13%

    Data compiled in June 2010 based on the Class of 2012.

    ACADEMIC DEGREES

    Business Administrationand Economics

    Engineering

    Sciences

    HumanitiesPolitical Science

    and Law

    40%

    36%

    13%

    6%5%

    Europe (outside Spain)

    Asia

    Spain

    Latin America

    North America

    Rest of the world

    31%

    22%20%

    11%

    10%

    6%

    GEOGRAPHIC ORIGIN OF STUDENTS

    PREVIOUS EXPERIENCE

    General Management 27%

    Consulting 22%

    Finance 21%

    Marketing and Sales 8%

    Other 7%

    Planning and Accounting 6%

    Project Management 6%

    Operations 3%

    IESE professors are amazingly

    approachable and helpful.

    And because the student body is

    relatively small, you are able to form

    close relationships, both in and out

    of the classroom. I gained invaluable

    knowledge outside of class from

    both my professors and classmates,

    which broadened my vision and

    helped me define my career path.

    Pieter Sleeboom (MBA11)Pieter Sleeboom (MBA11)

    Netherlands. He studied civil law at

    Universiteit Leiden and worked at ING Bank

    before beginning his MBA. While working

    toward his degree, he developed a business

    plan for a company he plans to set up

    after he graduates.

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    14 MBA Programs THE FULL-TIME MBA

    IESE offers a wide range of student-run clubs, events and social activities,

    with something for everyone. The MBA is held in Barcelona, one of Europes

    most dynamic cities, which adds an invaluable international dimension to

    the program.

    Barcelona is Spains second largest city

    and has its own unique and fascinating

    culture. The capital of the region of

    Catalonia, Barcelona is a thriving business

    and industrial hub for all of Europe.

    Barcelona offers an unparalleled backdrop

    to become bilingual and experience a

    multicultural and multilingual environment,

    while gaining the vision, flexibility and

    unique understanding that only an

    international experience can provide.

    IESE places great emphasis on

    community, which students experience

    on a very personal level the moment they

    arrive on campus. The school offers a

    wide range of student-run clubs, events

    and social activities that help develop

    leadership skills and form close bonds

    with fellow MBA students. From finance

    to football, they offer students diverse

    opportunities to get involved on campus.

    CAMPUSLIFE

    Major annual events, such as the

    Doing Good and Doing Well sustainable

    business conference, and the IESE-

    Roland Berger International Case

    Competition, bring IESE students into

    contact with their peers from other

    leading business schools in Europe,

    the United States and other parts

    of the world.

    Families who come to IESE find a

    supportive atmosphere where faculty

    and staff members value and encourage

    family involvement. Special events

    and activities are organized on an

    ongoing basis for spouses and families

    to help them feel welcome in the IESE

    community.

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    PROFESSIONAL

    Consulting

    Energy Club

    Entrepreneurs

    Family Business

    Fashion and Luxury Goods

    Finance

    Health Care

    High-Tech and Media

    Marketing

    Private Equity

    Public Speaking

    Responsible Business

    Sports Business

    Women in Business

    REGIONAL

    Asian Business

    German Business

    Italian Business

    Latin American Business

    Nordic Club

    Portuguese Business

    Spanish Business

    SPORTS CLUBS

    Badminton

    Basketball

    Climbing

    Cricket

    Football/Soccer (Men)

    Football/Soccer (Women)

    Golf

    Handball

    Rugby

    Running

    Sailing

    Ski Club

    Swimming

    Tennis

    Volleyball

    Wind n Waves

    SOCIAL CLUBS

    Adventure Club

    Chess

    Cultural Club

    IESE Couples and Families Club

    Photography

    Language Exchange

    Social Action Club

    EVENTS

    IESE-Roland Berger Case Competition

    Doing Good and Doing Well

    IESE Spring Games

    For a complete list of student clubs, please consult our website atwww.mba.iese.edu

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    16 MBA Programs THE FULL-TIME MBA

    The IESE MBA opens the door to a lifetime of career opportunities and support. From their very first

    day on campus, students receive guidance from the schools Career Services team to help them clearly

    identify their professional goals and aspirations. After graduation, IESEs alumni community provides

    an invaluable professional network that spans the globe.

    CAREER SERVICES

    IESEs individualized approach to career

    planning equips students with the

    right skills, tools and knowledge for a

    successful job search. Students have

    the resources they need to achieve their

    goals, not just immediately following

    graduation, but throughout their careers.

    The first year of the program covers

    career strategy, self-assessment and

    function-specific rsum workshops.

    It features an overview of IESEs many

    resources and tools to plan, launch and

    build careers.

    The second year focuses on refining

    career-management skills: interviewing,

    networking and negotiation, and career

    counseling and coaching. Throughout

    the entire MBA program, Career Servicesspecialists work one-on-one with students

    to provide personalized counseling

    and support.

    COMPANIES ON CAMPUS

    The premiere recruiting event of the

    year is IESEs Career Forum, held every

    fall on the Barcelona campus. As one

    of Europes largest recruitment fairs,

    the forum draws representatives of

    leading companies from all over the

    world to make presentations and

    conduct recruitment interviews.

    A significant proportion of the years

    recruitment for corporate internships

    and positions after graduation takes

    place during the forum; most of the jobs

    secured by IESE graduates come as

    a result of Career Forum contacts.

    Career Days and Corporate Information

    Sessions held throughout the year bring

    companies and students together in

    hundreds of on-campus interviews.Participation in professional student

    clubs such as the Consulting Club,

    Entrepreneurs Club and Marketing

    Club further promotes contact between

    students and industry leaders.

    LIFELONGCAREER SUPPORT

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    17MBA Programs THE FULL-TIME MBA

    THE ALUMNI NETWORK:

    LIFELONG LEARNING

    With more than 35,000 alumni in over

    100 countries, IESE offers a lifetime of

    personal and professional connections

    and opportunities.

    The Alumni Association boasts one of the

    highest membership rates in the world,

    clear testimony to alumni satisfaction and

    loyalty. This strong connection provides

    graduates with a lifelong network

    of colleagues and friends to rely on

    throughout their careers.

    Continuous education events feature

    top international business leaders and

    IESE faculty as keynote speakers to

    keep alumni at the forefront of current

    business issues. Without a doubt, at IESE

    learning doesnt stop after graduation.

    SOURCE OF THE OFFER

    IESE Career Center

    Sponsored

    Networking

    Previous Company

    Entrepreneurship

    65%

    21%

    9%

    3%

    2%

    EMPLOYMENT BY SECTOR

    Industry 42%

    Finance 33%

    Consulting 25%

    CLASS OF 2009 EMPLOYMENT STATISTICS

    AVERAGE ANNUAL EARNINGS BY FUNCTIONAL AREA

    EMPLOYMENT BY GEOGRAPHY

    38%

    Spain 34%

    Latin America 13%

    Asia 8%

    North America 4%

    Africa 2%

    Eastern Europe 1%

    Western Europe(outside Spain)

    General Management

    Marketing

    Sales / Business Development

    Finance

    Operations

    99,898

    78,470

    77,100

    74,412

    67,067

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    18 MBA Programs THE FULL-TIME MBA

    MEET US

    As a first step, MBA Admissions

    encourages candidates to fill out the

    Feedback on Your Profile section on our

    website. If you think youre a good fit, we

    urge you to participate in the many events

    that IESE organizes throughout the year.Candidates can learn more about IESEs

    MBA program at international MBA fairs,

    on-campus information sessions and

    Open Days, which feature presentations

    by faculty and staff, a sample class that

    introduces the case study method and

    opportunities to meet current students.

    FINANCING YOUR MBA

    IESE Business School offers students

    many ways to finance their MBA.

    A global loan program is guaranteed

    to all students, regardless of nationality

    and level of income before the MBA,

    with no guarantee or co-signer required.Students can also apply for scholarships

    awarded by the school, the Alumni

    Association and corporate sponsors.

    In addition, students are eligible to

    participate in several programs offered

    by governments and institutions around

    the world.

    KEY DATES & DEADLINES

    ApplicationDeadlines Admission Decisions Commitment Fee

    October 25, 2010 December 3, 2010 December 17, 2010

    December 6, 2010 January 28, 2011 February 18, 2011

    January 17, 2011 February 25, 2011 March 18, 2011

    February 28, 2011 March 25, 2011 April 15, 2011

    April 11, 2011 May 20, 2011 June 3, 2011

    June 6, 2011 June 21, 2011 June 30, 2011

    ADMISSIONSPROCESSThere are many ways to learn more about the IESE MBA, including on-campus

    information sessions, Open Days and MBA fairs. The first step is to visit the MBA

    website at www.mba.iese.edu

    IESE gives you tremendous help

    in identifying career opportunities,

    especially in companies with

    programs for MBA graduates.

    The MBA program itself was an

    inspirational and transformational

    experience. It deepened myunderstanding of the business

    world and how to be an effective

    leader. Most importantly, it offered a

    supportive and friendly environment

    where I always felt at home.

    Valerie Steiner (MBA10)Valerie Steiner (MBA10)

    Switzerland. She studied humanities at

    Georgetown University and worked at Novartis

    Consumer Health before starting her MBA.

    After graduation, she accepted a brandmanagement position at Johnson & Johnsons

    London offices.

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    19MBA Programs THE FULL-TIME MBA

    Open Days

    November 26, 2010

    January 21, 2011

    February 18, 2011

    March 18, 2011

    May 13, 2011

    June 17, 2011

    For more details on how you can finance

    your MBA, please contact the Admissions

    Department ([email protected]).

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