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MBA. Admissions & Fees
The IESE MBA: Fees, funding and admissions
The admissions process helps us to select students whose ambitions and abilities align with the challenges of the MBA. By following our step-by-step admissions guide, we’ll find out more about you while you decide if IESE fits your goals. You’ll also discover what you need to know, the documents you should submit and the dates you need to do it by.
The admissions process is designed to help you and IESE figure out if the MBA is the right fit for you and your goals. You must hold an undergraduate degree and, if you are not a native English speaker, pass an English language test, as the program is taught in English.
Your GMAT or GRE results are important but not the sole deciding factor in the admissions process: Your personality, motivation, goals, leadership abilities and communication skills will also be taken into account.
Follow the six steps below to begin your IESE MBA journey.
These are the expecting dates for MBA Class of 2029.
| KEY DATES | Application Deadline |
|---|---|
| R1 | September 23, 2026 |
| R2 | January 7, 2027 |
| R3 | March 9, 2027 |
| R4 | May 6, 2027 |
MBA: Admissions Process
Admissions pre-committee
Your application will be considered by the committee only when IESE has received copies of all the documents via the online application process and the non-refundable application fee of €200 has been paid.
Personal interview
Face-to-face interviews can be held on the IESE campus in Barcelona, via videoconference, or with admissions directors who travel around the world to meet candidates every year. Your interview will be conducted in English.
Assessment Day
This is your chance to shine. Share experiences with your potential future classmates while presenting aspects of your candidature in an original manner. This part of the process is not required for all candidates if we already have enough information on your candidacy. Although participation is not mandatory (even if you are invited), it is highly recommended.
Admissions Committee
Once you have finished the selection process your application will be presented to the final committee.
Admission
Welcome to IESE! You’ll receive a phone call and email informing you of the committee’s decision.
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.
Application rounds
| Round | Application Deadline | Interview Decision By | Final Decision By |
|---|---|---|---|
| R1 | September 23, 2026 | October 9, 2026 | November 23, 2026 |
| R2 | January 7, 2027 | January 22, 2027 | March 15, 2027 |
| R3 | March 9, 2027 | March 19, 2027 | April 30, 2027 |
| R4 | May 6, 2027 | May 14, 2027 | June 11, 2027 |
* Deposit deadlines may vary by applicant. Please refer to your admission letter for the specific date.
Key dates
| July - August, 2026 | Move to Barcelona. Get ready for the MBA. | Reduced office hours on campus 8:30 am – 2:30 pm |
| August 17-28, 2026 | Business Spanish Program (BSP) for International Students | Optional - registration required |
| September 1-3, 2026 | Welcome & Orientation | Mandatory |
| September 7, 2026 | Beginning of 1st Term | Mandatory |
| December 15, 2026 | End of 1st Term | Mandatory |
*Last update by February 2026. Key dates for MBA 2027 intake subject to change.
MBA program fee
- The initial application fee for the IESE MBA is €200.
- To confirm your intention to join the program, you must pay a non-refundable commitment fee of €10,000.
- The commitment fee is deductible from the total program cost and must be paid before the indicated dates.
- Admitted MBA students may also be eligible for Post-Graduation Payment Aid (PPA), a flexible payment option supported by the European Union’s InvestEU Fund. Learn more.
| September 2027 intake | |
|---|---|
| Commitment Fee | €10,000 |
| Payment MBA Year 1 | €48,500 |
| Payment MBA Year 2 | €58,500 |
| Total | €117,000 |
Calendar of payments
| Enroll Year 2027 | Due Date | |
|---|---|---|
| Commitment fee | €10,000* | Refer to admittance letter |
| Payment MBA Year 1 | €48,500 | Up to October 15, 2027 |
| Payment MBA Year 2 | €58,500 | Up to September 25, 2028** |
| Total | €117,000 |
*The commitment fee is non-refundable.
**Different due dates may apply to loan holders.
Scholarships and loan programs
IESE offers a scholarship program for promising MBA students capable of making a positive and significant impact on business and society.
Learn more about IESE’s scholarships and loans.
MBA rankings.
