Archive for category: Press Release

• IESE’s Open Programs rank first in the world, with outstanding participant satisfaction a highlight

The Financial Times has ranked IESE’s Executive Education programs second in the world in the newly released FT Executive Education Combined Ranking 2023. The school’s Open Programs topped the global ranking in that category.

This latest result further cements IESE’s position as one of the premier schools for executive training worldwide. Since 2015, IESE’s Executive Education programs have ranked no. 1 or no. 2 worldwide in the FT ranking. This year, the FT highlighted IESE’s outstanding participant satisfaction rating, the relevance of its programs, its internationality, as well as the caliber of its faculty and participants.

“Ranking once again among the top two schools in the world for executive education shows our ability to consistently deliver an exceptional overall experience to the executives, entrepreneurs, and corporate clients who come to us for their training needs,” said Philip Moscoso, Associate Dean for Executive Education at IESE. “It’s particularly pleasing to note their high satisfaction levels with their time at IESE.”

The 2023 FT Executive Education ranking analyzes two types of programs for executives: open-enrollment programs (open to entrepreneurs and executives from any company) and custom programs (courses that are tailor-made for specific companies). The FT produces separate rankings for open and custom programs, and then an overall rating for all of executive education based on the data collected in them.

No. 1 in the world for Open Programs

In the Open Programs ranking, IESE again saw an exceptional participant satisfaction ranking (9.92 out of 10, the highest of any school on the list). Other areas of note were the follow-up provided to participants once they returned to the workplace (no. 2 in the world), course design and preparation (no. 2 for both), the relevance to the workplace of the skills participants gained in the program, the extent to which IESE programs encouraged new ways of thinking (no. 2 in the world for News Skills & Learning) and IESE´s internationality (no. 1 for both international locations and for partner schools, among other strengths).

IESE is also ranked the no. 4 business school in the world for Custom Programs. Despite Covid-19 being highly disruptive for international programs like IESE´s, corporate clients have continued to place their trust in IESE for their executive training needs. The FT ranking particularly highlighted: the internationality of IESE´s offerings (no.1 for international clients, no.2 for overseas programs, and an internationally diverse faculty), the ability of IESE programs to meet clients´ needs (no.6 in the world for aims achieved) while imparting new skills and learnings (no.7 in the world.), the high likelihood that clients will return to IESE for training as a demonstration of their satisfaction with the IESE experience (no. 7 for Future use) and IESE´s strong alliances with partner schools, including Harvard and MIT.

Find out more about IESE’s latest rankings here.  

You can also see the full FT Executive Education rankings here.

• New employment reports for MBA and MiM program show continued desirability to recruiters

Despite a turbulent global economy, the career prospects of IESE’s MBA and Master in Management students continue to look bright.

According to IESE’s newly released MBA employment report for the Class of 2022, 95% of graduates secured a job offer within three months after graduation. Additionally, 22% of the class leveraged their experience at IESE to make the challenging career “triple jump” consisting of a simultaneous change in industry, job function and geography.

The report highlights how IESE remains a destination of choice for top recruiters, with the school connecting leading companies with IESE talent over the last year through a number of activities and structured recruitment activities.

ABInBev, Adidas, Amazon, Bain & Company, Citi, McKinsey & Company, Novartis, Pepsico and Uber were among the top recruiters for the MBA class of 2022, which comprises 376 students, 32% of them women, of 50 different nationalities.

According to the 2022 employment report, consulting remains the most popular destination for IESE MBAs, attracting 33% of Class of 2022 alumni seeking employment. Diversified industries (28%) and finance (21%) were the next most popular sectors, followed by technology (18%). Within the industrial sector, healthcare was the most popular choice, with 11% heading into that industry.

In terms of geography, the 2022 report shows that Europe (excluding Spain) was the most sought-after region to work in, with 37% of graduates accepting jobs there. Following that was Spain (23%), Latin America (20%), Asia-Pacific (8%), the Middle East & Africa (7%) and North America (4%).

However, the most notable trend was that of geographic change, with 69% of graduates changing location, 58% their sector and 52% their function.

Download the 2022 MBA Employment Report

Meanwhile, the latest Employment Report for the Master in Management (MiM), shows that 96% of Class of 2022 found a job within three months of graduation. The MiM program, launched in fall 2019 and taught in English from IESE’s Madrid campus, attracts younger students with college degrees but less professional experience than their MBA counterparts.

According to the report, consulting is the most popular sector for IESE MiM graduates, attracting 40% of the Class of 2022 seeking employment. Financial services (21%), consumer goods (14%) and technology (14%) were the next most popular sectors.

The top recruiters of the IESE MiM Class of 2022 include Amazon, Citi, Coca Cola, Credit Suisse, LVMH, McKinsey & Company, P&G and PwC.

The MiM Class of 2022 is comprised of 76 students, 30% of them women, of over 25 nationalities. The average age at graduation was 24 years old.

Download the 2022 MiM Employment Report

• New program for leading CEOs includes modules in Cambridge MA, Singapore, and Barcelona.

IESE has joined forces with the MIT Sloan School of Management to boost C-suite leadership worldwide. The two leading business schools have combined their expertise to create the Global CEO Program, a transformational learning experience to help senior executives lead their enterprises to new levels of excellence.

The collaboration harnesses the respective strengths and insights of both schools—MIT Sloan’s wealth of expertise from working at the intersection of management and technology along with the breadth and depth of IESE´s global perspective on business—with a focus on positive impact.

IESE Dean Franz Heukamp noted, “In a global business environment that’s increasingly complex and uncertain, the job of a CEO has become more difficult than ever. That’s why I am thrilled IESE is working with MIT Sloan Executive Education to provide an exceptional learning experience for C-suite executives, one that draws on the deep knowledge and know-how of two world-renowned institutions. With a teaching approach that combines cutting-edge thinking with practical application to solve real-world problems, this program equips CEOs with the tools, knowledge, and networks needed to gain a sustained competitive advantage.”

“MIT Sloan and IESE share a dedication to purpose and impact, and this new collaboration in executive education delivers both for business leaders who need to accelerate the capability to create and capture value in an increasingly complex and uncertain global business environment,” added Peter Hirst, Senior Associate Dean at MIT Sloan.  “Our combined faculty bring unparalleled expertise, insights, and practical tools and frameworks to help leaders foresee and recognize new business challenges and opportunities as well as design and implement systematic solutions that will keep them ahead of the competition…all while building a powerful network of peers across many countries and industries.”

The seven-month-long executive program, which includes modules taught on three continents, is designed for CEOs, owners, presidents, board members, and top-tier executives from across the world. By coupling the faculty and teaching expertise of two world-renowned business schools, the program gives C-suite executives unique insights into leading globally.

The program begins in October 2023 with a residential module taught at the MIT Sloan School of Management in Cambridge, Massachusetts. Participants will be exposed to topics such as expanding their global footprint, building cross-cultural organizations, and structuring corporate governance. The second module, taught in Singapore in January 2024, explores the complexities and opportunities of doing business in Asia, alongside issues like digital transformation and how to consider cross-border differences when defining strategy. The final module takes place at IESE’s campus in Barcelona in May 2024 and addresses matters such as how to achieve profitable growth in an uncertain environment and rethinking innovation processes, among others.

Throughout, participants learn from and network with high-level peers from global organizations, gain access to some of the finest minds in business, and get tailored leadership plans and peer coaching…all while debating, discussing, and reflecting on the issues that can transform their global leadership skills.

You can find out more about the program here.

• The FT Executive Education 2022 ranking, which follows IESE´s record run at no.1 since 2015, consolidates IESE´s position as one of the world´s top business schools.

• Ranking highlights IESE´s outstanding participant satisfaction rating, the relevance and innovation of programs, its internationality, as well as the quality and diversity of faculty and participants.

The FT Executive Education Combined Ranking 2022, released today by the Financial Times, has ranked IESE Business School second in the world. The result, which comes off the back of the school placing no.1 for a record-setting six straight years (2015-2020), consolidates IESE´s position as one of the premier schools for executive training. In 2021 there was no FT Executive Education ranking due to the coronavirus crisis.

The ranking highlighted participants´ high levels of satisfaction with IESE´s programs, as well as the relevance of the skills they gained to the workplace and the extent to which IESE programs encouraged new ways of thinking. IESE´s internationality (both in course design, and faculty and participant mix) also drew praise, as did the quality and diversity of faculty and participants, among others.

The good result comes despite the Covid-19 crisis being particularly disruptive for the most international executive education programs, said Philip Moscoso, Associate Dean for Executive Education at IESE. According to him, “this result shows our ability to deliver an exceptional overall experience to the executives, entrepreneurs and corporate clients who placed their trust in us while the world was in flux. By providing innovative programs that stretch participants´ thinking and broaden horizons through interaction with diverse peers and faculty, we can also equip today´s leaders with the skills and capabilities needed to thrive in new contexts.”

The 2022 FT Executive Education ranking analyzes two types of programs for executives: open-enrollment programs (open to entrepreneurs and executives from any company) and custom programs (courses that are tailor-made for specific companies). The FT produces separate rankings for open and custom programs, and then produces an overall rating for all of executive education, based on the data collected for the two rankings. As well as coming second overall in the combined ranking, IESE was also ranked third in the world for open programs, and third for custom programs.

For open programs, participants gave IESE excellent marks for their overall satisfaction with the IESE experience, rating IESE 9.95 out of 10 on average – the highest rating given to any of the ranked schools. As well as scoring high marks across the board, participants also said that they particularly valued the follow-up provided by IESE once they were back in the workplace (ranking no.2 in the world on this measure), and the new skills and learning they gained on the program. The quality and diversity of the cohort also stood out, which enhances networking opportunities among classmates.

Regarding custom programs, IESE also scored high marks for the internationality of its clients and faculty, the likelihood of corporate clients to return to IESE for their training needs, and the schools strong alliances with partner schools such as Harvard and Wharton.

The Financial Times ranking is based on survey responses from custom program clients and open program participants, combined with data provided by the business schools themselves across a number of different criteria.

See the complete FT ranking here.

More:  

• Latest IESE rankings 
• Guide to interpreting business school rankings

• New venture capital fund will finance 25 to 30 companies over the next three years

Finaves VI venture capital fund, which supports and finances IESE entrepreneurial projects, has been launched with the goal of raising €10 million to finance 25 to 30 companies over the next three years.

The Finaves investments will be made during the seed capital phase, with amounts ranging from €50,000 to €500,000 per investment.

The investors in Finaves VI are family offices, private investors and successful entrepreneurs. It also counts on the support of the Instituto de Crédito Oficial (ICO), which selected it along with five other funds in the incubation and technology transfer category.

According to the director of Finaves VI, IESE Prof. Albert Fernández, the creation of Finaves VI “shows investors´ confidence in the entrepreneurial talent of IESE alumni and in the excellent track record of the Finaves funds over the past 20 years.”

Ninety percent of the investment will be made in Spanish companies that can have a significant impact on their industry, but without focusing on specific sectors. Finaves VI will have a committee composed of IESE professors to analyze these investments.

Entrepreneurial success story and 2030 goals

Finaves has played an important role in IESE’s entrepreneurial ecosystem since its creation by Prof. Pedro Nueno in 2000. During its more than 20 years, it has made more than 60 direct investments worth €15 million and has co-invested more than €100 million with other funds. The companies created by Finaves have created more than 3,000 direct jobs and turnover more than €300 million in annual sales.

Other companies financed with Finaves’ seed capital include Cooltra, Logisfashion, Busup, Worldsensing, ForceManager, Inbrain Neuroelectrics and Parclick.

With the creation of Finaves VI, IESE’s entrepreneurial ecosystem continues to grow. By 2030, IESE sets ambitious goals, in line with three of the UN Sustainable Development Goals:

• Generate 50,000 new jobs by supporting 5,000 entrepreneurs in building their startups and fundraising.
• Impact 2,000 senior managers worldwide through research and activities related to innovation and entrepreneurship.
• Publish 200 new articles and other content related to search funds, corporate entrepreneurship, technology transfer and angel investment, in order to foster innovation.