Archive for July/2012


IE Business School, in collaboration with QS TopMBA, has completed the selection process for this year’s IE Business School Scholarships for Women and the winners of the 22.500€ grants are two women professionals from Africa, both from Nigeria, who will be following the full-time International MBA.  The two grant recipients had exceptional profiles, not only from an academic and professional experience perspective, but also from a future potential perspective.  This year we had 44 candidates apply for these two grants.

QS is pleased to offer over US$1,200,000 (about 975.000€) in scholarship funding for selected applicants from around the world who have attended the QS World MBA Tour, amongst other fairs hosted by QS.

If you have attended or will be attending a QS World MBA Tour event and plan on studying at IE Business School in the 2013-2014 academic year, then you have until Thursday, 31st January 2013 to apply for next year’s grants.

For a full listing of upcoming QS World MBA Tour events, see here.


If you have been admitted to the  Global MBA+ or the Executive MBA+, and have obtained a scholarship for a particular specialization, you must complete the specialization the scholarship has been awarded for.  If during your program you change your specialization, then you will lose the scholarships awarded.

Given the importance of the above policy, it is strongly recommended you choose the right specialization up front if you plan on applying for a scholarship towards your program.

Scholarships and loans must be applied for before students start their program, as financial assistance is never awarded once a student has started their program.  For more infromation contact your Admissions advisor or Financia Aid.


Desde IE trabajamos continuamente en ayudar a los mejores perfiles a formar parte de nuestros programas y en este sentido ahora mismo tenemos en marcha una convocatoria especial de becas, que tiene como objetivo de impulsar el desarrollo directivo de profesionales latinoamericanos.  Estas becas están dirigidas a candidatos del International MBA de IE Business School.

Desde el punto de vista requisitos, los solicitantes deben estar admitido en el International MBA (español o inglés) de IE, aplicar formalmente a la beca, y poder mostrar necesidad económica.  Tener en cuenta que los plazos para solicitar una de estas becas son las siguientes:

1º ronda: 13 de agosto (la decisión se comunicará el 17 de agosto)
2º ronda: 27 de agosto (la decisión se comunicará el 30 de agosto)

Desde el punto de vista cuantía, la dotación de esta convocatoria especial es la siguiente:

Hasta 25 becas con un valor individual de hasta 25.000 €

Para saber más acerca de este programa de becas contacta con tu oficina local de IE (ver: o Financial Aid en Madrid (


Educational Testing Service (ETS), the people who offer the TOEFL, recently offered a US$10.000 prize to Ankit Talwar, an IE Business School MBA student.  TOEFL is the most widely accepted English language assessment tool in the world, and the scholarships recognise the academic excellence of test takers coming from China, India, Japan, Korea and Taiwan. For non-native English speakers coming to IE Business School, candidates must submit proof of their English-language abilities, and the TOEFL is an accepted assessment test.

To see the full article on the scholarship recipients click here.

To learn more about ETS’s scholarship programs click here.


If you are a Master degree candidate currently in the admissions process, or a candidate that has been admitted and is thinking of applying for financial assistance from IE, please keep in mind that IE Financial Aid will be open daily from 8h30 to 20h30 CET (Madrid local time), Monday to Friday, for the entire month of August.  During this period, in addition to being able to call, email or stop by the Financial Aid Office in Maria de Molina, 11, we’ll also be processing scholarship and fellowship applications as pero our usual bi-weekly basis. We’ll also be working with candidates who’ve applied for a loan to process their loan applications.

Important reminder: If you are planning on applying for a loan from one of IE’s banking partners, the deadline for application is 30 July, 2012.  No late loan applications will be accepted.

If you are an Bachelor degree candidate please note all selection rounds have now been completed and we’ll will not be accepting any new scholarship applications for the 2012-2013 academic year.

IE Financial Aid will continue to work with outside funding organizations as well during the month of August, so if you are applying for a loan through an organization such as Sallie Mae, your application will be processed as usual.

For more information on Financial Aid, make sure to check the web site at


The Government of the Hong Kong Special Administrative Region, through its Student Financial Assistance Agency, offers several funding options for all levels of education.  To see the scholarship options for higher level studies, see here.

Of special interest are the following scholarships:

1) Sir Robert Black Trust Fund – Scholarships
2) Sir Edward Youde Memorial Fund Scholarship Schemes

As these scholarships are externally funded, please contact the scholarship-awarding organizations directly as IE does not participate in the selection of scholarship recipients.


Loan terms available through the US Federal Student Loan program are becoming less attractive, and origination fees for both Stafford and Federal Plus loans are on the rise.  BusinessWeek writer Alison Damast writes:

“Incoming first-year MBA students and second-year MBA students typically spend July trying to finalize how they’ll be paying for school in the fall. This summer they’ll be in for a rude shock as they calculate how the recent raft of changes to the federal loan programs will affect their student loan payments…”

To see the full article, click here.


IE Business School and UK Trade & Investment (UKTI), of the British Embassy in Madrid, have launched a joint scholarship program to enable UK students to study a master program that includes an internship in the field of international trade at UKTI’s Madrid office.

Candidates will benefit from a scholarship that covers up to 30% of enrolment fees for pre-experience programs like the Master in Management, Master in International Relations, International LLM, Master in Finance, Master in Marketing Research and Consumer Behavior, Master in Political Communication, and the Master in Corporate Communication. The total amounts would range between 5,400 and 8,700 euros

Scholarships are also available for the International MBA and the Master in Advanced Finance of IE Business School, covering in these cases between 20% and 30% of enrolment fees respectively. Said scholarships will range between 7,000 and 11,400 euros (up to 20% of fees) for the International MBA, and between 10,500 and 17,100 euros (up to 30%) for the Master in Advanced Finance. Scholarship recipients will be able to request an internship at IKTI’s Madrid Office, the nature of which will depend on their profile and academic achievements. In order to do so they will be required to successfully complete UKTI’s selection process. The internships will permit students to build on their professional experience in the field of international trade.

“Today’s business environment requires efficiency to survive, thrive and take companies to the next level. We support UK and Spanish companies in this when doing business in Spain and investing in the UK, respectively, for which we must provide them with a competitive service to win business. UK Trade and Investment in Spain work with professional advisers, with a priority of understanding the needs of our customers in order to help them with tailored and real-world solutions. We are confident that the MoU/collaboration with IE Business School will bring young talent and future business leaders to our project of furthering the excellent commercial relationship between Spain and the UK”, said Martyn Warr, Director for UKTI Iberia.


WEE´12 es un concurso que busca fomentar el talento e iniciativa empresarial entre mujeres europeas con formación técnica. La responsable de la mejor idea de negocio, cursará un máster en IE Business School, en el que adquirirá los conocimientos necesarios para hacer realidad su proyecto y convertirse en una emprendedora de éxito en el sector tecnológico. El objetivo de WEE’12 es promover la ambición empresarial entre las mujeres jóvenes con formación técnica en Europa y desarrollar sus aptitudes empresariales en campos como la energía, la electrónica o la mecánica. La iniciativa parte de la creencia de que la cooperación científica y la innovación son la base para impulsar el crecimiento de la economía en Europa.  Los requisitos para participar en el concurso son ser mujer, ciudadana europea y haber terminado una carrera técnica hace menos de 5 años, o estar a punto de terminarla y tener muchas ganas de sacar adelante una buena idea de negocio de base tecnológica.

Las tres finalistas, dos ingenieras españolas y una francesa, tendrán que defender su idea delante de un tribunal (compuesto por personalidades del mundo empresarial, académicos y directivos de Siemens) que escogerá la idea más innovadora y con mayor potencial.

Ver el video abajo para más información sobre el concurso.


If you qualify for Sallie Mae loans, then you should have a look at the below documents before contacting them.  Below you have a brief description of what each PDF provides from an information perspective, then you can download each document by clicking on the indicated link.  For additional information, visit the Sallie Mae web page at

Information About Smart Option Student Loans from Sallie Mae

1) How cosigners can help your application (download here)
2) Overview and tips on repaying your loans (download here)
3) Tips for students who need a loan for studies outside the US (download here)

Smart Option Student Loans are a great option if you need a student loan and intend to return to the US for work after your degree program at IE, as both your student debt and earnings will be in US Dollars.

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