IESE Business School

IESE Business School[2] is the graduate business school of the University of Navarra. It was established in Barcelona in 1958 by Opus Dei, a Roman Catholic organisation.[3] From 1963, in collaboration with Harvard Business School, it offered a two-year Master of Business Administration degree.[4] It has other campuses in Madrid, Munich, New York and São Paulo. It offers an executive MBA and executive education courses.[5]

IESE Business School
TypeBusiness school
Established1958 (1958)
AffiliationUniversity of Navarra
DeanFranz Heukamp[1]: 4 
Academic staff
116 (2021-2022)[1]: 8 
Administrative staff
517[1]: 8 
Students1,474[1]: 8 
Location
LanguageEnglish
Websiteiese.edu

Chronology
  • 1957: Groundwork for the founding of IESE laid by Professor Antonio Valero.[6]
  • 1958: First Executive Education program launched in Barcelona.[7]
  • 1963: Harvard-IESE Committee set up.[8]
  • 1980: Bilingual MBA program created.[9]
  • 1994: First international alliances formed, with agreements with the University of Michigan Business School[7] and MIT Sloan School of Management.
  • 2001: Global Executive MBA offered.[7]
  • 2007: Offices opened in New York City. Major campus expansion completed in Barcelona.[6]
  • 2009: Global CEO Program for Latin America offered, together with CEIBS and Wharton.[7]
  • 2010: Full New York campus inaugurated.[10] IESE-CEIBS-Wharton Global CEO Program launched.
  • 2015: New Munich campus inaugurated.[11]
  • 2019: Master in Management (MiM) launched at Madrid campus,[12] and Executive MBA at Munich campus.
  • 2021: Expansion of the Madrid campus.[13]
  • 2022: The new Madrid campus is inaugurated by King Felipe VI.[14]

Internationalization

Beginning in the late 1950s, IESE has sent members of its faculty to doctoral programs in the U.S. and Europe, equipping its professors with an international mindset.[3]

IESE has helped to develop a network of 15 associated schools internationally, many of them in the developing world. It has formed long-term academic alliances with schools such as Stanford, MIT and CEIBS,[15] and opened campuses in São Paulo, Munich and New York. Its programs feature work and study opportunities around the globe, and its faculty, staff and students are of more than 100 nationalities.

Campuses[16]

Barcelona

IESE's main campus is located in the Pedralbes neighborhood of Barcelona, at the foot of the Collserola mountain range. The 52,000 m2 campus features more than a dozen buildings, the newest of which was inaugurated in 2018 to house its research division and doctoral programs. The MBA programs and a wide range of Executive Education programs are offered on the Barcelona campus.

Madrid

Since its founding in 1974, IESE's Madrid campus has focused on Executive Education programmes -PDD, PDG, PADE-. The Executive MBA is also offered, along with a special program for public sector management. In 2019 the Master in Management (MiM) programme was introduced.[17] The campus is located in Aravaca, on the Cerro del Águila in front of Casa de Campo, in a northeastern suburb of the Spanish capital.The Master building was built in 1991 and extended in 2004. A new campus was opened in 2021: to the original 19,000 m2 a further 16,300 m2 with green spaces and an auditorium have been added.[13]

New York

IESE opened a campus at 165 West 57th Street in Manhattan in 2007. Housed in a neo-Renaissance building constructed in 1916 as the Louis H. Chalif Normal School of Dancing, IESE's New York campus delivers customized programs for companies and general management programs for executives, with a particular focus on the media and entertainment sectors.

Munich

IESE's Munich campus, established in 2005, has focused on Executive Education programs for companies and professionals working in Germany and Central Europe. It also offers an Executive MBA program, and courses included in the MBA and Global Executive MBA programs.

São Paulo

Since 2000, IESE has delivered its Brazil-based activities and programs at ISE Business School, in the Bela Vista neighborhood of São Paulo, home to a number of educational and financial institutions. In addition to general management programs for executives, IESE's São Paulo campus offers an Executive MBA degree.

Associated Business Schools

IESE's global reach goes well beyond the school's five campuses. IESE has helped establish 15 high-quality business schools, mainly in the developing world,[18] beginning in 1967 with Mexico's IPADE. These associated schools are fully autonomous, developed alongside strong and dedicated educators in each of the countries. In addition to IPADE, IESE has played a key role in creating: IAE in Argentina, 1978; PAD in Peru, 1979; AESE in Portugal, 1980; INALDE in Colombia, 1985; IEEM in Uruguay, 1986; LBS in Nigeria, 1991; IDE in Ecuador, 1992; CEIBS in China, 1994; UA&P School of Business Administration in the Philippines, 1995; ISE in Brazil, 1996; ESE in Chile, 1999; MDE Business School in the Ivory Coast, 2003; and SBS in Kenya, 2005.[19]

Programs

Full-time MBA

Students in IESE's MBA program can choose to complete the program over 15 or 19 months at the Barcelona campus. It is a full-time, bilingual, on-campus program. Eighty-five percent of the student population is international, coming from 50 different countries, from various professional sectors, with an average age of 29 and four years of previous professional experience. The 2022-23 academic year started with a 40% female student body, until then the highest figure ever.[20]

Master in Management (MiM)

With a 11-month course, it is an official full-time Master's program to introduce recent graduates to the world of business. It is taught in Madrid and, through case studies of innovative companies, offers a broad and professional vision of economics, marketing and finance.  The 2022-23 academic year also started with a 40% female student body, until then the highest figure ever.[21]

Research

Chairs[22]
  • Abertis Chair of Regulation, Competition and Public Policy
  • Alcatel-Lucent Chair of Technology Management
  • Anselmo Rubiralta Chair of Strategy and Globalization
  • Banco Sabadell Chair of Emerging Markets
  • Bertrán Foundation Chair of Entrepreneurship
  • CaixaBank Chair of Sustainability and Social Impact
  • Carl Schroeder Chair in Strategic Management
  • CELSA Chair of Competitiveness in Manufacturing
  • Chair of Business Ethics
  • Chair of Family-Owned Business
  • Crèdit Andorrà Chair of Markets, Organizations and Humanism
  • Eurest Chair of Excellence in Services
  • Fuel Freedom Chair for Energy and Social Development
  • Fundación IESE Chair in Corporate Governance
  • Grupo Santander Chair of Financial Institutions and Corporate Governance
  • Indra Chair of Digital Strategy
  • Jaime Grego Chair in Healthcare Management
  • Joaquim Molins Figueras Chair of Strategic Alliances
  • José Felipe Bertrán Chair of Governance and Leadership in Public Administration
  • Nissan Chair for Corporate Strategy and International Competitiveness
  • Novartis Chair on Operational Excellence in the Health Sector
  • PricewaterhouseCoopers Chair of Corporate Finance
  • Puig Chair of Global Leadership Development
  • Schneider Electric Sustainability and Business Strategy Chair
  • SEAT Chair of Innovation

Research Centers[23]
  • Center for Business in Society
  • Center for Globalization and Strategy
  • Center for Innovation Marketing and Strategy
  • Center for International Finance
  • Center for Public Leadership and Government
  • Center for Research in Healthcare Innovation Management
  • Entrepreneurship Innovation Center
  • Institute for Media and Entertainment
  • International Center for Logistics Research
  • International Center for Work and Family
  • Public-Private Sector Research Center

International Rankings
Business Rankings
Europe MBA
QS (2023)[24]5
Financial Times (2023)[25]3
Global MBA
QS (2023)[26]10
Financial Times (2023)[27]10
2016 2017 2018 2019 2020 2021 2022
FT - Global MBA 16 10 11 12 13[28] 4[28] 10[29]
The Economist - Global MBA 8 17 - 10 7 1[30]
The Economist - Full Time MBA 8 17 - 10[31] 1 1[32]
FT - Executive Education - Open 2 2 2[33] 6 1
FT - Executive Education - Customized 1 1 1 1[34] 1[35]
Bloomberg European Business Schools - MBA 6 2[36]

Deans
Starting year Ending year Name
1958 1967 Antonio Valero Vicente
1967 1970 Juan Ginebra Torra
1970 1978 Fernando Pereira Soler
1978 1984 Juan Antonio Pérez López
1984 2001 Carlos Cavallé Pinós
2001 2016 Jordi Canals Margalef
2016 Franz Heukamp

Alumni

The first alumni chapter was that of Catalonia, created in 1961. Regional groups for Valencia (Levante), Mallorca (Baleares) and Madrid were established soon after, followed by Aragón (1973), Andalucia (1975), and Galicia, La Rioja, Basque Country and Navarra (1986). The Argentina-Uruguay chapter became the first foreign chapter in 1986; the U.S. alumni chapter was set up in 1987.[37]

In 2021 an alumni reunion was held at the expanded Madrid headquarters and was attended by more than 5000 executives and business people.[38]

Alumni

References
Wikimedia Commons has media related to IESE Business School.
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  2. IESE stands for Instituto de Estudios Superiores de la Empresa, translated in English as the Institute of Higher Business Studies.
  3. López, T. & Pampliega, J. “La fundación del IESE (1956–1958)”, Universidad de Navarra, Biblioteca Virtual José María Escrivá de Balaguer/
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