Applications Closed - New Application open on September 1, 2026.

Due to the very rigorous competition and an exceptional first-round conversion rate, all available slots for this year’s cohort have now been filled.

Please consider applying again for the new intake, application portal will be available by September 2026.

What Makes a Strong MRM Application

Successful applicants typically demonstrate strong research potential, intellectual curiosity, and clear alignment with faculty research interests.

  • Background in research-oriented master’s programs or predoc/RA positions

  • Strong quantitative or analytical preparation

  • Clear research interests aligned with IESE faculty

  • Letters of recommendation from academic researchers

Admissions Timeline

  • First Round: Closed
  • Interviews: January – February
  • Decisions: Mid-March

 

  • Second Round: Open — Rolling review until April 20
  • Interviews: March–April
  • Decisions: Starting April

Application Procedure

2. ADMISSIONS PRE-COMMITTEE

Once a complete application is received at IESE (application online, 3 recommendation letters, GMAT, TOEFL and photocopies of university transcripts and diplomas), the Admissions Committee will review the application and, where relevant, invite the candidate to a personal interview, or notify him or her that admission has been denied.

3. PERSONAL INTERVIEW

If, after an initial review of the application the Admissions Department decides to invite the candidate to a personal interview, he or she will be notified in writing. Interviews will preferably be held at IESE’s Campus in Barcelona. In the event the candidate is unable to travel to Barcelona, they will be asked to arrange their interviews with an IESE representative through videoconference or skype.

4. ADMISSIONS COMMITTEE

Once the interview report is received at IESE, the Admissions Committee meets again to review the application as a whole in order to reach a final decision. Decision letters will be uploaded and communicated through the Embark Application Portal.

5. ADMISSIONS

  1. If you have an Acceptance Letter to the program in your Embark platform. Congratulations! You have been accepted into the program.
  2. To confirm your participation, you must reply to us by email, formally accepting the offer.
  3. Ensure your response is sent within 15 days from the date of your acceptance.
  4. If you have any questions or need further assistance, contact us promptly doctoral@iese.edu.

Special Educational Needs

During the admission process and throughout their studies, students with special educational needs are provided with adapted services and assessments in accordance with Articles 15 and 18 of Royal Decree 822/2021. For more information, please visit here.

MRM Tuition

Admitted students are eligible for a comprehensive financial support package that includes a full tuition waiver (€30,000) and a tax-free stipend for five years, contingent upon satisfactory academic progress. The average monthly net stipend is approximately €1,550 over the duration of the program.

To maintain eligibility for financial support, students are expected to serve as research assistants for a minimum of 10 hours per week starting from their second year.

If you have any questions about funding, please contact our MRM & PhD Office: doctoral@iese.edu

Note on Medical Insurance

Tuition fees include medical insurance, which is not refundable. Enrollment in the health plan commences the day classes begin. Spouses may be included in the plan for a nominal additional fee. The plan does not cover prescription drugs or medicines, or visits to the dentist.

Expenses

Cost of living: Living expenses in Barcelona are comparable to those in any major European city. IESE has no on-campus accommodation, but IESE can assist you to find accommodation with a list of apartments for rent and general advice on how to find lodgings.