IESE Business School

IESE Business School[2] is the graduate business school of the University of Navarra. Founded in 1958 in Barcelona where its main campus is located,[3] IESE in 1963 formed an alliance with Harvard Business School (HBS) and launched the first two-year MBA program in Europe.[4] IESE has campuses in Barcelona, Madrid, Munich, New York and São Paulo.

IESE Business School
TypePrivate business school
DeanFranz Heukamp
Academic staff
128 full time professors (24 Nationalities) [1]
Administrative staff
470 (34 Nationalities)
Students53.421 (149 Nationalities):
MBA 712
Executive MBA 603
Global Executive MBA 62
MRM & PhD 43
MiM 79
CampusBarcelona, Madrid, Munich, New York City and São Paulo.

As a business school, the different campuses teach Master of Business Administration (MBA), Executive MBA and Executive Education programs. IESE is an initiative of the Opus Dei, a personal prelature of the Catholic Church. In the post-pandemic era, IESE faces new challenges and the necessary shift of the economy towards decarbonisation and reducing inequality, according to its dean, Franz Heukamp.[5]

International RankingsEdit

2016 2017 2018 2019 2020 2021 2022
FT - Global MBA 16th 10th 11th 12th 13th[6] 4th[6] 10th[7]
The Economist - Global MBA 8th 17th - 10th 7th 1st[8]
The Economist - Full Time MBA 8th 17th - 10th[9] 1st 1st[10]
FT - Executive Education - Open 2nd 2nd 2nd[11] 6th 1st
FT - Executive Education - Customized 1st 1st 1st 1st[12] 1st[13]
Bloomberg European Business Schools - MBA 6th 2nd[14]


  • 1957: Groundwork for the founding of IESE laid by Professor Antonio Valero.[15]
  • 1958: First Executive Education program launched in Barcelona.[16]
  • 1961: IESE Alumni Association created.
  • 1963: Harvard-IESE Committee set up.[17]
  • 1964: Master of Business Administration program (MBA) established.
  • 1967: IPADE, a business school in Mexico City, created with the assistance of IESE, the first of 15 associated schools established on four continents.
  • 1969: PhD in Management offered.
  • 1974: Executive programs offered in Madrid.
  • 1980: Bilingual MBA program created.[18]
  • 1981: Executive MBA offered in Madrid.
  • 1989: International Advisory Board (IAB) formed.
  • 1991: International Faculty Development Program established to train business professors from around the world.
  • 1994: First international alliances formed, with agreements with the University of Michigan Business School[16] and MIT Sloan School of Management.
  • 1996: Focused Programs, short format programs for senior managers, introduced.
  • 2001: Global Executive MBA offered.[16]
  • 2002: Executive Education program launched in Brazil.
  • 2003: Business Angels Network launched.
  • 2004: New Madrid campus inaugurated.
  • 2005: Executive Education program launched in Munich.
  • 2006: Global CEO Program for China offered by Harvard Business School, CEIBS and IESE. Executive Education program launched in Warsaw.
  • 2007: Offices opened in New York City. Major campus expansion completed in Barcelona.[15]
  • 2007: 50th anniversary.
  • 2009: Global CEO Program for Latin America offered, together with CEIBS and Wharton.[16]
  • 2010: Full New York campus inaugurated.[19] IESE-CEIBS-Wharton Global CEO Program launched.
  • 2012: Executive MBA offered in São Paulo.
  • 2013: 50th anniversary of Harvard-IESE Committee.
  • 2015: New Munich campus inaugurated.[20]
  • 2019: Master in Management (MiM) launched at Madrid campus,[21] and Executive MBA at Munich campus.
  • 2021: Expansion of the Madrid campus.[22]
  • 2022: The new Madrid campus is inaugurated by King Felipe VI.[23]


Internationalization has formed part of IESE's strategy from its earliest days. 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 worked with Harvard Business School for nearly six decades, and in 1964, with the launch of the MBA program, it welcomed the first international students to its Barcelona campus.

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,[24] 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.



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.


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.[26] 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.[22]

New YorkEdit

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.


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 PauloEdit

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 SchoolsEdit

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,[27] 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.[28]


  • MBA
  • Master in Management (MiM)
  • Executive MBA
  • Global Executive MBA
  • PhD Program
  • General Management Programs
  • Custom Programs
  • Focused Programs
  • Public Leadership & Government Programs



  • 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[30]Edit

  • 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


IESE's Executive Committee is responsible for the school's long-term strategic development, faculty hiring, investments and program portfolio, as well as the School's operations. The dean of the School presides over the Executive Committee and reports to the president of the University of Navarra.[31]

The School's International Advisory Board (IAB) and the Executive Committee of the IESE Alumni Association provide strategic orientation on IESE's initiatives and governance, as well as offering their advice on educational programs, expansion, investment and corporate involvement.

The US Advisory Council provides the School with support for the long-term development of activities in the United States, particularly the New York campus, and how these activities can be of benefit to IESE in other parts of the world.

IESE and Harvard Business School have had a close relationship for almost 50 years. In 1963, Harvard Business School approved the formation of the Harvard-IESE Committee, a committee established to offer IESE ongoing guidance as it continued to develop its programs and evolve as a business school. The Harvard-IESE Committee helped guide the launch of IESE's full-time MBA program in 1964, the first of its kind in Europe. The committee has met annually ever since in either the U.S. or Europe. The Harvard-IESE Committee has also played a key role in developing IESE-Harvard joint international executive education programs, first launched in 1994.[31]

IESE Business School DeansEdit

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

International Advisory BoardEdit

Created in 1989, the International Advisory Board (IAB) was established to help IESE assess the evolving socioeconomic context in which businesses functions and the latest needs, tendencies and advancements in the field of management and leadership education. The IAB is composed of prominent business and civic leaders from Europe, the United Kingdom, the Americas and Asia who are recognized for their contributions to the development of management and business. The IAB is appointed by the dean and meets periodically to review global developments in humanistic and management issues and discuss challenges and opportunities.[31]

Notable IAB members include Michel Camdessus of the Banque de France, Victor K. Fung of the Li & Fung Group, N.R. Narayana Murthy of Infosys Technologies, Rafael del Pino of Ferrovial, Franck Riboud of Groupe Danone, Martin Sorrell of S4 Capital,[32] Peter Sutherland of BP; Paul Polman of Unilever; Marc Puig of Puig; Denise Kingsmill of IAG; George Yeo of Kerry Group and Kees J. Storm of Aegon.


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.[33]

IESE's first Global Alumni Reunion was held in Amsterdam in 2000. Since then, the Global Alumni Reunion has been held in cities around the world, including London, Munich, New York and São Paulo.

In 2021, the Global Alumni Reunion 2021 was held at the expanded Madrid headquarters and was attended by more than 5,000 executives and business people.[34]

Notable alumniEdit


  1. ^ "IESE Annual Report 2020-21" (PDF). IESE Annual Report. Retrieved 25 January 2022.
  2. ^ IESE stands for Instituto de Estudios Superiores de la Empresa, translated in English as the Institute of Higher Business Studies.
  3. ^ a b López, T. & Pampliega, J. “La fundación del IESE (1956–1958)”, Universidad de Navarra, Biblioteca Virtual José María Escrivá de Balaguer/
  4. ^ “Five Decades of Europe’s First Two-Year MBA Program” Crack the MBA (29 May 2014)
  5. ^ Sánchez-Silva, Carmen (2021-11-15). "Franz Heukamp (IESE): "La economía ha de cambiar su modo de funcionar"". El País (in Spanish). Retrieved 2022-01-12.
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  10. ^ "Full-time MBA Ranking 2021 | Which MBA? | The Economist". Retrieved 2022-06-14.
  11. ^ Laurene Ortmans (May 13, 2018) "FT Executive Education Ranking 2018"
  12. ^ "Business school rankings from the Financial Times -".
  13. ^ Chan, Wai Kwen; Cremonezi, Leo (May 10, 2020). "Financial Times Executive Education 2020: the top 50 schools". Retrieved Jun 21, 2021.
  14. ^ "These Are Europe's Best Business Schools". Retrieved 2022-06-14.
  15. ^ a b "IESE Business School: MBAs & Executive Education | #1 FT since 2015". IESE. Retrieved Jun 21, 2021.
  16. ^ a b c d "IESE Corporate Brochure 2017". Issuu. Retrieved Jun 21, 2021.
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  20. ^ "Munich Campus | IESE Business School". IESE. Retrieved Jun 21, 2021.
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  32. ^ "Noticias sobre S4 Capital". Dircomfidencial (in Spanish). Retrieved 2021-06-01.
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  36. ^ New York Times, April 30, 2014 "Shake-Up at Repsol, as New Chief Is Named"
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  40. ^ Newsweek, March 20, 2018 "Marek Kamiński wyrusza na kolejną wielką wyprawę!"
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External linksEdit