Loans and scholarships

Most MiM scholarships at IESE are merit-based, meaning that they are awarded for outstanding academic and professional achievements. Current scholarships are listed here.

IESE Ambassadors Scholarship

The IESE Ambassadors Scholarship awards 20 to 30 scholarships to students with outstanding academic records, excellent professional experience and personal merit. These students have exemplified a strong fit with IESE’s values.

IESE Women in Business Scholarship

IESE is committed to increasing the number of women leaders in business. These scholarships support women with a track record of outstanding professional accomplishment.

IESE Excellence Scholarship

This scholarship is awarded to the top performers in our application process and recognizes their outstanding achievements, personal merit and strong fit with IESE’s values.

IESE Young Leaders in Africa Scholarship

IESE awards up to 3 scholarships covering up to 90% of the MiM tuition fees. To be eligible, candidates must be nationals of Africa and have outstanding academic records, leadership potential and personal merit.

IESE Young Leaders in Emerging Markets Scholarship

The MiM program welcomes professionals from developing economies. These scholarships support outstanding candidates who live and work in a developing country.

IESE Social Entrepreneurship Scholarship

IESE awards one scholarship covering 10-50% of the tuition fee to a recently graduated student with relevant experience in social entrepreneurial projects and a strong desire to have a positive impact in the world.

IESE Diversity Scholarship

IESE is committed to creating a diverse community for our students. This scholarship supports exceptional candidates from under-represented nationalities or unique profiles who can contribute positively to the classroom learning experience.

IESE Social Impact Scholarship

IESE values students who have made a significant social impact through their personal or professional experience. These scholarships are awarded to those who have made an outstanding contribution to society, by being involved in the non-profit sector or have helped to solve social or environmental issues.

IESE Young STEM Talent Scholarship

IESE supports students who have a strong background in science or technology and have the potential to drive innovation and technological advancements in their communities. These scholarships awards applicants who have shown interest and aptitude in areas such as big data, digital transformation, programming and artificial intelligence.

IESE University of Navarra Alumni Scholarship

IESE is the graduate business school of University of Navarra (UoN), and welcomes alumni from the UoN family to our programs. The MiM program has select scholarships available to outstanding applicants from UoN who have a strong academic record, high leadership potential and excellent personal merit. To find out more about this scholarship, please get in touch with csanchezg@iese.edu.

IESE Young Italian Talent Scholarship – Fondazione RUI

IESE awards 4 scholarships covering up to 50% of the tuition fee to Italian students with academic excellence and strong commitment to their country. To be eligible candidates must submit a recommendation letter from a staff member of Fondazione RUI. Please email Cristian Ciardelli c.ciardelli@fondazionerui.it.

IESE Legacy Scholarship

The IESE MiM program offers select scholarships available to the immediate family of IESE alumni and current students. To be eligible for a Legacy Scholarship, an applicant must have at least one parent or sibling who is an alumni or current student. The applicant must have a strong academic record, high leadership potential and excellent personal merit to be considered.

Heinrich J. Klein Foundation Scholarship – External Scholarship

The objective of the Heinrich J. Klein Foundation is to sponsor science and international exchange by granting scholarships to people during their training and further education period.

The Board of Trustees of the HJK Foundation selects the applicants and defines the amount of funding the person receives (the decision will be made in June/July each year). Submit your application directly to the HJK Foundation here.

IESE’s Young Christian Leaders Scholarship 

These scholarships are awarded to those youngsters who have made an outstanding contribution to society, by their social and cultural dedication within their communities to expand the core values of the Christian message. 

We recommend that you describe: the particular activities, together with which institutions and the length you have been involved with them, when submitting your scholarship application. 

Foundation Jose M Bosch Aymerich 

The Foundation Jose M Bosch Aymerich grants scholarships to Engineering and Architecture students with strong academic results, who are also in need of financial support, to undertake our Master’s in Management program.  

Nemesio Diez Foundation Scholarship

Nemesio Diez Foundation co-finances scholarships for talented Mexicans and Spaniards who have a clear need for economic assistance due to their personal or family situation.

Application process

Due to the continuous admissions process, scholarships are granted on a rolling basis – therefore, you will increase your chances of receiving a scholarship the sooner you apply!

All scholarship candidacies require one cover letter within the application.   

A wide range of scholarships are available to incoming IESE MBA students. IESE scholarship applications should be completed and submitted within the MBA application form to the Admissions Department.

Current scholarships are listed here.

IESE Excellence Scholarship

This scholarship is awarded to the top performers in our application process and recognizes their outstanding achievements, personal merit and strong fit with IESE’s values. IESE Excellence Scholars will benefit from special engagement with senior leadership at IESE and will have the opportunity to share their ideas on developing our program for future students.

IESE Social Impact Scholarship

IESE values students who have made a significant social impact through their personal or professional experience. These scholarships are awarded to those who have made an outstanding contribution to society, by being involved in the non-profit sector or have helped to solve social or environmental issues.

IESE Trust Scholarship

The IESE Trust awards 20 to 30 scholarships to students with outstanding academic records, excellent professional experience and personal merit. These students have exemplified a strong fit with IESE’s values.

Forté Fellowship

Forté Fellowships are open to all female applicants. Candidates should exhibit exemplary leadership through academic, team, community and creative leadership. Candidates should demonstrate a commitment to women and represent diverse educational and work backgrounds, career goals, ethnicities and citizenship. The maximum amount of the scholarship is one year’s tuition fees.

IESE Women in STEM (Science, Technology, Engineering and Math) Scholarship

This scholarship is meant for women who have a background in STEM or who have significant accomplishments in this field. They have the potential to serve as advocates to encourage and strengthen female representation in STEM.

IESE Women in Management Scholarship

This scholarship supports exceptional female applicants who have 5 years of work experience or more, have attained managerial experience and have demonstrated exceptional leadership qualities.

IESE Diversity Scholarship

IESE is committed to creating a diverse community for our students. This scholarship supports exceptional candidates from under-represented nationalities or unique profiles who can contribute positively to the classroom learning experience.

IESE Leaders in Africa Scholarship

IESE awards up to three scholarships covering up to 90% of the MBA tuition fees. To be eligible, candidates must be nationals of Africa and have demonstrated exceptional work experience and personal merit. This scholarship is available to those who apply within our ER, R1, R2 & R3 application deadlines.

IESE Leaders in Emerging Markets Scholarship

The MBA program welcomes professionals from developing economies. These scholarships support outstanding candidates who live and work in a developing country.

IESE Entrepreneurship Scholarship

These scholarships are awarded to professionals who have displayed a high level of entrepreneurial spirit, creativity and resilience. Applicants should demonstrate a proven track record of entrepreneurship and a commitment to contribute to the entrepreneurial ecosystem at IESE.

IESE Technology & Innovation Scholarship

IESE supports professionals who have a strong background in science or technology and have the potential to drive innovation and technological advancements in their communities. These scholarships award applicants who have shown expertise in areas such as big data, digital transformation, programming and artificial intelligence.

IESE Leaders in Sustainability Scholarship

This scholarship supports applicants who have shown a high level of achievement and passion in leading sustainable business causes. They have the potential to inspire others as champions of sustainable business.

IESE Leaders in Non-Profit & Public Sector Scholarship

This scholarship is primarily for applicants who have dedicated their careers to non-profit or government organizations, helping people on a societal level.

IESE Family Scholarship

IESE welcomes students with families and grants scholarships for students who, in the opinion of the Scholarship Committee, deserve financial aid.

IESE Alumni Association Scholarship

The IESE Alumni Association awards five scholarships covering up to 50% of tuition fees for the first and second year of the MBA program. These scholarships are for future MBA students who have demonstrated exceptional work experience and personal merit.

Guidelines

• Generally, IESE MBA scholarships are merit-based, meaning that they are awarded based on outstanding academic and professional achievements. The GMAT or GRE score also plays an important role in securing a successful application.
• Individual scholarships typically range from 10% to 50% of tuition fees. Please note that living expenses are not covered by any of the scholarships. In exceptional cases, candidates may be awarded a combination of scholarships (e.g., Forte Foundation + Family scholarship). 
• We have a specific pool of need-based scholarships, mainly for candidates from emerging markets. We recommend that candidates with exceptional financial circumstances provide a clear explanation in the scholarship cover letter and include any relevant supporting documentation. These candidates may be asked to provide documentation such as income tax returns, proof of salary, bank statements for the past 3 months, medical care records, etc. 
• We discourage candidates who are fully company sponsored from applying for scholarships, as our scholarships are exclusively intended to support those with financial limitations. 

Application process

• All scholarship candidacies require one cover letter to be submitted with the application. Candidates are not required to indicate the scholarship they are applying for. 
• We strongly recommend that candidates who intend to apply for a scholarship complete the cover letter and submit it together with the MBA application form. The scholarship application will only be considered after they have been accepted into the program and does not affect the admissions outcome. 
• The Scholarship Committee meets a minimum of one time for each round of applications. The Committee reviews each application and awards successful candidates with a specific scholarship. 
• When possible, scholarship decisions are announced together with the admissions decisions. Certain scholarships are awarded at a later date, but no later than June 30. 

IESE offers a scholarship program for promising Executive MBA students capable of making a positive and significant impact on business and society. Current scholarships are listed here.

Excellence Scholarship

Scholarships will be awarded to those students who demonstrate academic merit together with an outstanding professional background.

Woman Talent Scholarship

Scholarships available to women with a high leadership potential.

Entrepreneurship Scholarship

Scholarships will be awarded to entrepreneurship students who have launched or are launching a new business.

Mitsubishi Entrepreneurship Scholarship 

Support for entrepreneurs who have started or are developing a new business. With the collaboration of Mitsubishi Electric.

IESE and ONCE Foundation  Scholarships 

IESE and the ONCE Foundation grant unique annual scholarships of up to 65% of tuition fees to people with disabilities who wish to study the Executive MBA. The scholarships are offered to people with a legally recognized disability of at least 33%, who must present a copy of their disability certificate and fill out a scholarship application form in order to be evaluated. A committee made up of members of the ONCE Foundation and IESE’s EMBA will select the candidates. The deadline for submitting the application is June 1st, and the scholarship awards will be announced one month later.

Application process

Candidates already admitted in the Executive MBA are eligible to apply for a scholarship. Special consideration will be given to those who are experiencing difficult financial situations.

• Candidates are required to submit the scholarship application form within the established deadlines. Admitted students should fill out the specific scholarship application form (Barcelona / Madrid) in order to be evaluated.

• Candidates may apply for more than one category, but only one scholarship per candidate will be awarded.
• Candidates who withdraw before the start of the program may defer their admission, but their scholarship may not be deferred.

The Scholarship Award Committee

Committee members base their decisions on the following criteria:

• Academic merit (including the candidate’s GMAT score or IESE admissions test)
• Experience and leadership skills in his or her professional field
• Impact on his or her company and on society
• Entrepreneurial initiative, capacity for innovation and international track record
• Admissions interview evaluation

We offer a range of scholarships for the Global Executive MBA program to managers, executives and entrepreneurs who have demonstrated the potential to make a positive impact on the global business community.

IESE is particularly interested in contributing to the development of:

• entrepreneurs and innovators who can create economic and social value.
• women who lead and inspire.
• public sector leaders who contribute to shaping society.
• business leaders in growth markets with the skills and expertise to grow their companies.
• senior executives of global organizations who seek to fulfill their real potential in leadership positions.

Current scholarships are listed here.

Women in business scholarship 

These scholarships, covering up to €30,000, are awarded globally. Open to female candidates with significant experience in management roles and currently holding or aspiring to hold a leadership position in either the private or public sector. 

Global leader scholarship 

These scholarships, covering up to €30,000 are awarded globally. Applicants should be leaders working or intending to work in a global context, be it public or private, corporate or entrepreneurial. They must have significant experience in management roles and currently holding or aspiring to hold a leadership position in the private or public sector. 

Eligibility

Candidates must already be admitted to the IESE Global Executive MBA program to be eligible for a scholarship. Upon admission, eligible candidates will be invited to apply for the scholarship of their choice.

• Admitted candidates who are fully or partially sponsored by their companies are not eligible for scholarships.
• Applications can only be submitted for one specific scholarship.
• Although admission to the program is deferrable, scholarships are not.

The Scholarship Award Committee

The Scholarship Award Committee is made up of prestigious business leaders and IESE alumni who actively collaborate with the school. Committee members base their decisions on the following criteria: 

• Academic merit
• Leadership experience
• Impact on his/her company and society
• Admissions interview evaluation

IESE Business School offers a range of scholarships for the AMP and PMD programs to CEOs, C-suite executives, functional managers and entrepreneurs who have financial restrictions but have demonstrated the potential to make a positive impact on the global business community. 

Current scholarships are listed here.

Women in Leadership Scholarship 

Each academic year, the AMP program offers a Women in Leadership Scholarship to support women with outstanding accomplishments. The scholarship covers up to 20% of the tuition fee. 

Entrepreneurship Scholarship 

Each academic year, the AMP program offers an Entrepreneurship Scholarship to support entrepreneurs and innovators who can create economic and social value. The scholarship covers up to 15% of the tuition fee. 

Development Scholarship 

Each academic year, the AMP program offers a Development Scholarship to support candidates from non-profit organizations (NGOs) and IESE associated schools in the effort to have a positive impact in the world. The scholarship covers up to 40% of the tuition fee. 

Global Support Scholarship 

Global Support Scholarship covers 10% of the tuition fee, with the purpose of supporting candidates impacted by recent and ongoing global events.  

Guidelines

• Scholarship applicants must already be admitted to one of the General Management Programs to be eligible. 
• Candidates who are fully or partially sponsored by their companies are not eligible for scholarships. 
• Scholarship applications can only be submitted for a specific program. This means that, once awarded, a scholarship can only be used for the chosen program. 
• Although admission to the program is deferrable, scholarships are not.

The Scholarship Award Committee

The Scholarship Award Committee is made up of prestigious business leaders and IESE alumni who actively collaborate with the school. Committee members base their decisions on the following criteria: 

• Academic merit 
• Significant career development 
• Personal challenges overcome 
• Impact on his/her company and on society 
• Admissions interview evaluation 

Other financial aid for general management programs

Military (USA) (available for AMP only)

IESE Business School is committed to supporting U.S. military service members and veterans to take on leadership roles in the business world. Whether just beginning to think about their transition from active duty or already moving forward, it is essential that service members capitalize on the skillset that they have developed in the armed forces. 

Tax Benefits for Education

Spain (PIF)

PIF is an economic incentive offered to companies who allow their employees to pursue higher education. It is applicable under Spanish legislation for any employee that is actively paying into the Spanish social security system. Contact us for more information.

Other Countries 

Please contact the corresponding authorities in your home country to confirm if any tax benefits apply. 

IESE’s Focused Programs offer a wide variety of scholarships for entrepreneurs, executive women and NGO leaders.

Contact us to find out more about eligibility and how to apply.