Master's in Management
A Master's in Management (MiM) is a pre-experience business degree for recent graduates, covering strategy, finance, marketing and operations.
🇪🇸 Madrid, Spain · Private
IE University Fees for Indian Students
IE (Madrid) is known for private business school in Madrid and Segovia. Below: tuition, living costs in Madrid, the total in rupees and loan options.
- Total ≈ ₹51 lakh – ₹61 lakh
- Tuition €30,000 – €38,000 a year
- Intakes: September/October (main)
- Typical loan ₹36 lakh – ₹55 lakh
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Quick answer
How much does IE cost for Indian students?
A 1-year master's at IE University costs about ₹51 lakh – ₹61 lakh in total for an Indian student: tuition of €30,000 – €38,000 a year, living costs of about €15,000 a year and one-time visa and travel costs of ₹1.8 lakh – ₹3 lakh. Most families borrow ₹36 lakh – ₹55 lakh and cover the rest from savings or scholarships.
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Official sources: IE University — official website · Spain — Ministry of Foreign Affairs
IE at a glance
- Location
- Madrid, Spain
- Type
- Private university
- Known for
- Private business school in Madrid and Segovia
- Tuition (international)
- €30,000 – €38,000 a year
- Living costs used
- €15,000 a year
- Total for 1 year
- ₹51 lakh – ₹61 lakh
- Intakes
- September/October (main), January/February (selected programs)
- English tests
- IELTS, TOEFL or an equivalent accepted by the university
- Work during study
- Part-time work is allowed alongside studies (hour limits apply)
- After graduation
- Up to 12 months to look for work or start a business after graduation
- Official website
- ie.edu
Fee breakdown
IE cost for Indian students
1-year master's, at €1 ≈ ₹109. Tuition varies by program — use the figure on your offer letter.
Popular programs
Programs Indian students choose at IE
Master's in Business Analytics
Business Analytics sits between data science and management — you learn analytics tools and apply them to marketing, finance, operations and strategy.
Master's in Finance
A master's in Finance covers corporate finance, investments, financial modelling and risk — a pre-experience alternative to an MBA for finance careers.
Master's in International Business
International Business covers global strategy, trade, cross-cultural management, international finance and market entry.
Compare
IE vs similar universities in Spain
The 6 closest by total cost; 6 of them cost less in total.
Living there
Living costs in Madrid
Spain's capital and largest job market. A room in shared housing usually costs €550 – €850 a month, and a realistic yearly budget is €13,000 – €16,600.
For the cost table we use €15,000 a year — planning figure for Madrid: shared housing, food, transport and insurance. During your studies you can work part-time work is allowed alongside studies (hour limits apply).
Funding
How Indian students fund IE
Typical loan: ₹36 lakh – ₹55 lakh. EMIs on a ₹45 lakh loan start after the course and moratorium.
Timeline
Applying to IE for the September/October 2027 intake
- 01
10–12 months before
Take IELTS; shortlist programs at IE and similar universities.
- 02
8–10 months before
Write your SOP, request two or three LORs and prepare transcripts.
- 03
6–9 months before
Apply on IE's application portal and to scholarships.
- 04
4–6 months before
Accept the offer, pay the deposit and start the education loan (₹36 lakh – ₹55 lakh).
- 05
2–4 months before
Apply for the Spanish national (type D) student visa, then a TIE residence card: apply at the Spanish visa application centre with your admission letter.
FAQs
Frequently asked questions
Still have a question?
Ask a counsellor directly — we reply on WhatsApp during working hours (Mon–Sat, 9 AM–6 PM IST).
Tuition is €30,000 – €38,000 a year for international students. With living costs the total for a 1-year master's is about ₹51 lakh – ₹61 lakh.
At €1 ≈ ₹109, a year's tuition is about ₹33 lakh – ₹41 lakh. Exchange rates move, so we recalculate with the live rate before you pay.
Of the 6 universities closest to it in cost, 6 cost less in total and 0 cost more. IE's tuition is above the middle of our Spain list.
Yes, within visa rules: part-time work is allowed alongside studies (hour limits apply). Part-time income helps with living costs but shouldn't be counted on for tuition.
Often, yes — private banks and NBFCs lend unsecured amounts for many universities if the co-applicant's income is steady. Larger amounts at the lowest rates usually need collateral. Most families borrow ₹36 lakh – ₹55 lakh.
September/October (main), January/February (selected programs). Start preparing 10–12 months ahead; popular programs fill early.
Explore
Keep exploring
Programs and admission
IE: more guides
Compare
Fees at similar universities
Talk to an expert
Talk to a counsellor today
Share your profile — we reply with a checklist and next steps. Expert consultations over call start at ₹355.
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