IESE 2012 - Calling All Applicants

Just a quick question. I notice that a significant number of applicants are from India and IESE's class profile shows that India represents a good % of class. Is IESE really a well known BSchool in India, can IESE alumni return to India and get good jobs and is the Indian alumni base active?

What makes you consider IESE besides US and British/Asian BSchools given IESE's stronger footprint in Southern Europe (with its current ailing economies) and Latin America? I thought IESE is a bit off the beaten track for many Asian professionals, happy to be enlightened.

The IESE tuition fee is top range for an European programme, can most folks just disregard costs given other peer schools are cheaper?

I can partially answer that. I think the number of applicants may seem higher simply because of a high proportion of indians in this forum. Indians make 13% of the class this year. This is definitely below the representation you see in other b-schools. And no, IESE is not as well known in India as say, LBS or yale.
Regarding job opportunities in India post MBA, there are not many students willing to work in India immediately after graduation, simply because there's a huge loan to be paid off, and salaries in India in general are low. Which means a reliable answer to this question may be hard to find. Still, I did meet a 2010 graduate this summer who was working for a Spanish company in Gurgaon.

Did you get a mail from IESE which said Admissions Director would like a Personal Interview followed by Assessment Day?

Well, I got an email saying that the admission committee would like a personal interview followed by the assessment day. The email did not say Director.

hey all...i'm considering applying to iese...its infact been a school on my radar for a while - but never given it a serious thought for one reason or the other

i m n indian as well..but unlike the observation above - dont think that many indians look at the school as much...

i was jus looking through their site n came up with the following text on (https://www.iese.edu/en/MBAPrograms/prog ... rocess.asp) -
Decisions on Admission are communicated via email. Admitted candidates must pay a non-refundable commitment fee of 5.000 Euros to hold their position in the program before the indicated commitment fee deadlines. To confirm the intention to join the program a non-refundable reservation fee of 10.000 Euros must be paid before June 30, 2012. Both fees are deductible from the total program cost. If you are admitted when applying to our last deadline in June, both fees must be paid together. Deferrals are not permitted.

Do we have to pay 15,000 euros even before getting in? thats about 10 lakhs (a million rupees!)...i knw tht its deductible frm the tuition cost, but i dont hav those kinda liquid savings to put in at the time of admission...esp with us getting the loan amt only once we get in to school

anyone who can throw some light on this? sucks if i wud havta pull out based on commitment / reservation fees

How about a private student loan from your country of origin for the amount of 15000 euros? What other schools are you applying to? I think most schools have some sort of deposit that you need to put down to confirm a seat in the class (e.g. INSEAD also requires a deposit of 5000 eur to confirm a seat). What are you doing about them? This is not something that is only IESE specific right?

the 15000 amt seems a little on the higher side to me...that insead 5000 euros amt is also amongst the higher ones around...that i cud afford with the savings i have, if i were applying there (which i'm not)...

a few schools tht i m applying to in the US, hav like a $2500-5000 range of deposits

if push comes to shove, i guess i wud havta raise the 15000 euros through a loan...but its jus a hassle tht i knw many indians wud prefer to avoid or rule out IESE at step 1 altogether

Hi, I am new to this site.

I also received a call for an interview with IESE. The wait is killing me already!

Hi ra011y will you attend the assessment day?

Haha. It'll be over before you even realize. Cherish and savor the hours as they slowly pass by.
I don't think I will be attending assessment day.

Hi ra011y,

I will be attending the assessment day. Flight from London quite cheap and at a convenient time. Where are you based?

I also applied to Insead. It's not just the waiting for IESE that is killing me

I am based in the US.

Hey Folks

I have got an interview call from IESE.Will be attending the interview on the 27th of November at Mumbai.Let me know if anyone else is attending an interview at that time

Got an admit today- very excited. Anyone else? I'm trying to figure out how to make a decision, since the deposit is due before I'll hear back from other schools in the US!

I got an invite as well.
Guys, what do you make of the optional but strongly recommended assessment day? My initial reaction is that if I can do without, why bother. But then again, I don't want to miss the opportunity to make a strong impression.

Hi all, I got accepted into the IESE Young Talent Program back in 2010 and have been pre-admitted to the MBA with start date in the fall of 2012.

Pixaar, if possible/reasonable (e.g. considering cost to travel), I would always aim for a personal encounter. Skype is nice and I am sure one can bring his arguments/motivation across, but the personal encounter always adds an additional layer to the whole process. Plus, in case your assessment day is on campus (?), you could combine your stay with a class visit or connecting to current students, which is great! When I had my interview, IESE arranged for lunch with 3 current students from my country, which was great to ask different types of questions. Unfortunately, I could not participate in a class since I had my interview just after lecture period had ended.

Good luck everyone for the interview/assessment day!

Cheers

submitted my app for R4..i.e. the december 5th deadline..keeping my fingers crossed!

Got my admit a few days back.