What are the total cost of IE Business School MBA?

Question

Karan P · Accepted Answer

The tuition fee for the International MBA program is &euro;82,300. Additionally, there's a one-time contribution of &euro;1,200 to the IE Foundation during enrollment. ​
Living expenses in Madrid can vary, but on average, students might spend around &euro;1,500 per month on accommodation, food, transportation, and other personal costs. For the 11-month program, this totals approximately &euro;16,500.​
So, combining tuition, the IE Foundation contribution, and estimated living expenses, you're looking at a total of about &euro;100,000 for the entire program. Keep in mind, these figures are estimates, and actual expenses may vary based on your lifestyle and choices.​
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K S Saini · Answer

So, the tuition fee for the International MBA at IE is &euro;82,300. On top of that, there&rsquo;s a one-time IE Foundation fee of &euro;1,200 that all students have to pay when they join.
Now, if you include living expenses in Madrid, it can come to around &euro;1,500 per month. For the 11-month program, that&rsquo;s about &euro;16,500 for accommodation, food, transport, and other basic needs.

Fee Component
Amount (EUR)

Tuition Fee
&euro;82,300

Application Fee
&euro;150

IE Foundation Contribution
&euro;1,200

Estimated Living Expenses
&euro;20,000&ndash;&euro;25,000

So when you add everything&mdash;tuition, foundation fee, and living costs&mdash;you&rsquo;re looking at a total of roughly &euro;100,000 for the whole MBA. This is just an estimate, and the actual amount may be a little more or less depending on your lifestyle.