IESE Business School

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

IESE Business School
TypePrivate business school
Established1958
DeanFranz Heukamp
Academic staff
175
Administrative staff
110 full-time professors, 65 part-time professors, 5 visiting professors, 50 researchers, and 500 non academic staff.[1]
StudentsMBA 647, Executive MBA 556, Global Executive MBA 85, MRM and PhD 47, Executive Education 9,143.
CampusBarcelona, Madrid, Munich, New York City and São Paulo.
AffiliationsUniversity of Navarra
Websitewww.iese.edu

IESE offers Master of Business Administration (MBA), Executive MBA and Executive Education programs that have regularly ranked among the top 10 in the world.[4] IESE is an initiative of the Opus Dei, a personal prelature of the Catholic Church.

COVID-19: IESE Online
IESE Business School, Barcelona

Faced with the spread of the COVID19 pandemic that reached Europe in February 2020, IESE organized an academic crisis committee on February 28 to find solutions through online teaching. On March 12 the business school announced a partial closure of its facilities in Madrid and Barcelona, when in Spain there were already 2950 infected.[5] Four crisis scenarios were considered and finally, with the state of emergency decreed by the Spanish government and the confinement, the toughest scenario had to be applied, the fourth, with the complete closure of the campus, which required an urgent transformation and an immediate response.  To this end, they had the digital resources and previous experience with the WebEx platform, in addition to the Zoom platform to cover all the courses of the MBA, the Master in Management (MiM) and the Doctoral Program (PhD). The digital transformation process involved continuous interaction with the participants of the different programmes, an open mind, teamwork and the strictness and flexibility to move forward and consolidate phases. By 15 March, 370 digital sessions and 1,150 hours of classes had been arranged, with the participation of 32,700 people. [6] [7]  

Among the resources created to face the COVID-19 crisis, a digital space of open content online was provided with reports, conferences, interviews and monographs on macroeconomics and politics, business strategies, leadership and people for the world after, that will require a great transformation towards economic and social recovery.   All sessions are broadcast openly through IESE's Linkedin profile and through IESE's Youtube channel. In these sessions, professors analyze the several practical aspects of the crisis, people management, public health systems administration or operations management. [8]

International Rankings
2014 2015 2016 2017 2018 2019 2020
FT - Global MBA 7th 7th 16th 10th 11th 12th -
FT - MBA for Women - - - - 14th - -
The Economist - Global MBA 5th 14th 8th 17th - 10th -
FT - Executive Education - Open 6th 3rd 2nd 2nd 2nd[9] 6th 1st
FT - Executive Education - Customized 3rd 1st 1st 1st 1st 1st[10] 1st[11]

For the sixth consecutive year, the Financial Times considers IESE to be the world leader in executive education. In the 2020 combined ranking that gathers information on open programs and executive programs, IESE is again in first place. According to the evaluation criteria and the survey among students, they stand out for international clients and the diversity of the teaching staff.[12]

Chronology
  • 1957: Groundwork for the founding of IESE laid by Professor Antonio Valero.[13]
  • 1958: First Executive Education program launched in Barcelona.[14]
  • 1961: IESE Alumni Association created.
  • 1963: Harvard-IESE Committee set up.[15].
  • 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.[16].
  • 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[17] and MIT Sloan School of Management.
  • 1996: Focused Programs, short format programs for senior managers, introduced.
  • 2001: Global Executive MBA offered.[18].
  • 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.[19].
  • 2007: 50th anniversary.
  • 2009: Global CEO Program for Latin America offered, together with CEIBS and Wharton.[20]
  • 2010: Full New York campus inaugurated.[21] 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.[22].

Internationalization

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 doctoratal programs in the U.S. and Europe, equipping its professors with an international mindset.[23] 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.

Campuses [25]

Barcelona

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.

Madrid

Since its founding in 1974, IESE’s Madrid campus has focused on Executive Education programs. The Executive MBA is also offered on the Madrid campus, along with a special program for public sector management. The campus, spread over 19,000m2, is located in a northeastern suburb of the Spanish capital.The campus is being expanded by the city's growing appeal to foreign students. A new program has also been introduced since August 2019, the Master in Management (MiM).[26]

New York

IESE opened a campus in Manhattan in 2007. Housed in a neo-Renaissance building constructed in 1916 as a dance school, 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.

Munich

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 Paulo

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 Schools

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]

Programs
  • MBA
  • Executive MBA
  • Global Executive MBA
  • PhD Program
  • General Management Programs
  • Custom Programs
  • Focused Programs
  • Public Leadership & Government Programs

Research

Chairs [29]
  • 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 Corporate Social Responsibility
  • 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
  • SEAT Chair of Labor Relations

Research Centers [30]
  • 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

Governance

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 Deans
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 Board

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 WPP Group, Peter Sutherland of BP, Roberto Servitje of Bimbo; Paul Polman of Unilever; Marc Puig of Puig; Denise Kingsmill of IAG; George Yeo of Kerry Group and Kees J. Storm of Aegon.

Alumni

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.[32]

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.

Notable alumni
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References
  1. "Annual Report 2015–2016". IESE Business School. Retrieved July 18, 2018.
  2. López, T. & Pampliega, J. “La fundación del IESE (1956–1958)”, Universidad de Navarra, Biblioteca Virtual José María Escrivá de Balaguer/
  3. “Five Decades of Europe’s First Two-Year MBA Program” Crack the MBA (29 May 2014)
  4. Forbes “The Best International MBAs”. Ranking 2017
  5. "IESE Barcelona impartirá un máster online durante dos semanas por coronavirus". La Vanguardia (in Spanish). 2020-03-10. Retrieved 2020-06-02.
  6. RRHHDigital. "La transformación de las clases de IESE al formato online". www.rrhhdigital.com. Retrieved 2020-06-02.
  7. "How to manage a move to online learning amid global crisis". IESE. 2020-04-02. Retrieved 2020-06-02.
  8. "Directo: las sesiones online del IESE para afrontar la crisis del coronavirus". La Vanguardia (in Spanish). 2020-03-23. Retrieved 2020-06-02.
  9. Laurene Ortmans (May 13, 2018) "FT Executive Education Ranking 2018"
  10. http://rankings.ft.com/businessschoolrankings/executive-education-customised-2019
  11. https://www.ft.com/content/36c1e468-8f2b-11ea-9e12-0d4655dbd44f
  12. Moules, Jonathan (2020-05-10). "FT Executive Education Rankings 2020: analysis amid the pandemic". www.ft.com. Retrieved 2020-05-14.
  13. Speech by IESE Dean Jordi Canals - iese.edu
  14. Milestones Over 50 Years, p. 6 - issuu.com
  15. Five Decades of Europe’s First Two-Year MBA Program - crackthemba.com
  16. IESE Celebrates A Big Birthday - poetsandquants.com
  17. Milestones Over 50 Years, p. 6 - issuu.com
  18. Milestones Over 50 Years, p. 6 - issuu.com
  19. Los Reyes inauguran la ampliación del campus del IESE en Barcelona - iese.edu
  20. Milestones Over 50 Years, p. 6 - issuu.com
  21. IESE Business School - coursehorse.com
  22. Campus Munich - iese.edu
  23. López, T. & Pampliega, J. “La fundación del IESE (1956–1958)”, Universidad de Navarra, Biblioteca Virtual José María Escrivá de Balaguer/
  24. Guillén, M. F, García Canal, E : The New Multinationals: Spanish Firms in a Global Context. Cambridge University Press, 2010. P. 176
  25. "Our Campuses". IESE Business School. Retrieved July 18, 2018.
  26. Sánchez-Silva, Carmen (2020-02-16). "Las escuelas de negocios expanden sus redes en Madrid". El País (in Spanish). ISSN 1134-6582. Retrieved 2020-02-20.
  27. "International Academic Alliances". IESE Business School. Retrieved May 18, 2017.
  28. Guillén, M. F, García Canal, E.: The New Multinationals: Spanish Firms in a Global Context. Cambridge University Press, 2010.
  29. "Chairs". IESE Business School.
  30. [Centers https://www.iese.edu/en/faculty-research/research-centers/ "Research Centers"] Check |url= value (help). IESE Business School. Retrieved July 18, 2018.
  31. "Meet the Dean Heukamp - IESE Business School". Iese.edu. Retrieved 2017-05-18.
  32. López, T. & Pampliega, J. “La fundación del IESE (1956–1958)”, Universidad de Navarra, Biblioteca Virtual José María Escrivá de Balaguer
  33. Washington Post, April 22, 2010 "Olympics leader Juan Antonio Samaranch dies at 89"
  34. New York Times, April 30, 2014 "Shake-Up at Repsol, as New Chief Is Named"
  35. The Guardian, October 18, 2016 'Jane Jacobs' eyes': Habitat III chief Joan Clos recalls meeting his hero'
  36. El País, junio 21, 2010, "Entrevista con Cristina Garmendia"
  37. Money Week, February 16, 2018 "The world’s greatest investors: Francisco García Paramés"
  38. Newsweek, March 20, 2018 "Marek Kamiński wyrusza na kolejną wielką wyprawę!"
  39. The Guardian, 16 october 2017 "Bank chief prescribes ways to sustainable business growth"
  40. Business Daily Africa (2017). "Top 40 Women Under 40 in Kenya" (PDF). Nairobi: Nation Media Group. Retrieved 25 November 2017.
  41. Wekesa, Grace (31 December 2011). "Chartered Engineer On Top of Her Game". The Standard (Kenya). Nairobi. Retrieved 25 November 2015.
  42. elEconomista.es. "Domingo Mirón asume la presidencia de Accenture España, Portugal e Israel - elEconomista.es". www.eleconomista.es (in Spanish). Retrieved 2020-03-03.
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