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Tag: IE Business School

  • 5 Benefits of Opting for an Online MBA Program

    5 Benefits of Opting for an Online MBA Program

    If you’re an industry professional looking to enhance your skill set and worldwide reach without taking time away from work, an Online MBA is an excellent choice.

    IE Business School is ranked as the top Global Online MBA program by the Financial Times for the ninth consecutive year.

    Similar to the increase of remote and hybrid work since the pandemic, the Global Online MBA at IE Business School offers students the option of entirely remote or hybrid teaching—and that’s not all.

    Here are five reasons why an online MBA program might be suitable for you:

    1. Connect with a global network of industry specialists

    As many MBA grads will tell, the network you create is one of the most valuable advantages that business school has to offer.

    With the majority of students in the IE Global Online MBA having at least three years of experience across a variety of industries, there is plenty of chance to learn from an enriching class. Building an international network is an excellent method to learn about the subtleties of the global business scene and gain insights into other industries.

    With over 80,000 graduates from 176 countries, IE Business School is deeply connected to a worldwide community of business professionals.

    Students in the Global Online MBA program can choose one of three destinations for IE’s annual Global Immersion Week, which has previously taken place in London, San Francisco, Sao Paulo, and Dubai. The event allows students to network, attend seminars, and learn how businesses function in different nations.

    2. Keep up with industry trends

    Business schools recognize the value of being ahead of the curve in the corporate world. When picking an MBA program, it is critical to choose a school that is on top of developing market trends.

    As the first MBA program to make entrepreneurship a requirement, the IE Global Online MBA takes a proactive approach to anticipate business changes.

    Courses offer topics ranging from financial analysis to influence and persuasion, ensuring that students graduate with a diverse skill set and promising employment opportunities. In term three, students can further focus in various specialization areas, such as fintech and strategic management, to get current insights into themes that will have a direct impact on their employment.

    3. An online MBA offers flexibility

    Instead of having to choose between continuing your education and developing your profession, an Online MBA allows you to learn and attend events from wherever you are.

    The Global Online MBA is extremely flexible thanks to IE’s Liquid Learning methodology, which includes interactive tools that allow students to participate online or in person at their campuses in Segovia and Madrid. Fortunately, if the 17-month period does not work with your professional obligations, the program can be extended to 24 or 30 months to accommodate your schedule.

    According to a recent survey, 65% of respondents prefer hybrid work. The customizable structure of an Online MBA aligns with changing work styles.

    4. Get specialized career support

    Career services can help you prepare for your future career from the start of your MBA program.

    While not all management schools spend extensively in career support, IE management School’s Career Transformation Program provides personalized coaching sessions to help students maximize their professional profile for each stage of their job applications.

    Students can establish a career strategy that best positions them in the competitive job market by participating in workshops and individual career counseling. The Talent & Career Center organizes a series of career events that connect students and graduates with renowned recruiters from across the world.

    With a flexible Online MBA, students can increase their professional awareness without being constrained by time or place.

    5. Online MBA programs provide affordability

    An Online MBA is an excellent approach to reduce the cost of an MBA program while maintaining the quality of instruction and employment opportunities.

    The world’s premier Online MBA program at IE Business School costs about €60,000, making it one of the most economical MBA programs available.

    To minimize educational barriers, scholarships of up to 15% tuition waiver are provided based on financial need, academic merit, and diversity.Students can also pay their fees in up to 12 payments with no interest.

    Corporate sponsorship is particularly appealing to Online MBA applicants who want to work around their study. Currently, approximately 45% of IE Global Online MBAs are sponsored by their employers.

  • For First Time In 5 Years, IE Business School Tops Financial Times Online MBA Ranking

    For First Time In 5 Years, IE Business School Tops Financial Times Online MBA Ranking

    For the first time since 2018, IE Business School leads the Financial Times Online MBA rating in 2023, surpassing Warwick Management School. IE previously dominated the ranking, finishing top every year since the index’s inception in 2014.

    IE’s recovery comes after the school fell to third place for the first time in its history in the 2022 ranking. IE’s rise is partly due to the significant income gain students achieve after graduation, as well as the substantial average salary they earn three years post-MBA. These are the two most important KPIs for the Financial Times.

    Despite maintaining good performance across all categories, Warwick’s wage increase dropped by 3%, from 36% to 33%, a considerable drop for such a powerful element.

    IE is one of six European schools among the FT’s top 10 Online MBA programs, the remaining four are US schools.

    IE’s Global Online MBA is undoubtedly the biggest winner in the Financial Times 2023 Online MBA ranking, after a five-year absence from the top of the list.

    IE graduates earn average salaries of $205,695 per year three years after the program’s end, with graduate salaries increasing on average by 44% post-MBA.

    Along with its high average salary and significant salary increase, IE ranks highly for climate conscious factors. It comes first for Environmental, Social, and Governance (ESG) as well as for carbon footprint rank—a new metric this year.

    IE also scores well for diversity. It ranks top for female faculty with 49%, as well as achieving gender parity among the board with 50% being female. IE ranks third overall for female students in its cohort with women making up 39%.

    Overall, most schools who featured prominently in last year’s Financial Times Online MBA ranking have seen declines in their positions with three falling out of the top 10 all together. IE is the only business school featured in the 2022 ranking whose position has risen this year..

    In Europe, Warwick falls from first to second place, Imperial College Business School falls from second to third, Durham Business School from seventh to eighth and Polimi Graduate School of Management (formerly MIP Politecnico di Milano) drops from sixth to 10th.

    In the US, the University of North Carolina Kenan-Flagler and the University of Florida: Warrington fall from fourth and fifth in 2022 to sixth and seventh in 2023.

    The three schools who drop out of this year’s ranking are GSM at UNSW, University of Nebraska-Lincoln, and University of Bradford School of Management.

    This leaves room for some newcomers: Carnegie Mellon Tepper School of Business comes fourth, University of Massachusetts Amherst: Isenberg in fifth, and University of Liverpool School of Management in 10th.

    In its first year in the Online MBA rankings, Tepper’s Part-time Online MBA has made significant strides, scoring highly in a number of criteria. As well as placing fourth overall, it is number one for salary increase at 45% and has the third highest salary, with graduates earning on average $195,90 three years post-graduation.

    Amherst: Isenberg’s Online MBA has also made a strong impression on this year’s list as the Online MBA with the highest salary, with its graduates earning an impressive $233,284 three years after graduation.

    The FT’s Online MBA ranking includes data from two online surveys. The first surveys 23 schools all of which are AACSB or Equis accredited, whose programs must have run for four consecutive years, and at least 70% of the content needs to be delivered online.

    The second is of alumni who have finished their Online MBA in 2019, 644 of them completed the questionnaire.