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ESADE

ESADE (Escuela Superior de Administración y Dirección de Empresas) was founded in 1958 as an independent non-profit institution. It became part of Ramon Llull University in 1995, and today operates on campuses in Barcelona and Madrid. Its MBA programs have occupied its Barcelona Sant Cugat Campus since 2009. The school is regularly ranked among the top international business schools, and was among the first to earn the three most prestigious accreditations: AACSB International, EQUIS, and AMBA. ESADE focuses on three core academic areas—education, research, and social dialogue—all with a global perspective. Its nearly 60,000 alumni are considered school ambassadors of these values in more than one hundred countries.


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Faculty

ESADE Business School’s international faculty of about 90 professors work diligently to balance both the academic and business worlds within their classrooms. The teaching staff partners with multinational companies across many sectors, providing a high degree of personalized attention to students. About 59% of ESADE’s teaching body is involved in research and investigation, and many have published their own books and regularly appear in the media as business experts and opinion leaders. Like the school’s students, professors come from a variety of backgrounds, hailing from more than 20 different countries and spanning all areas of business.

Curriculum

ESADE Business School is comprised of annual September intakes, with a maximum of 190 students divided into three sections according to their program timelines. Most MBA candidates enroll in its 18-month program to take full advantage of all of its components. Students with professional commitments may require a more streamlined 15-month MBA program. In some cases and where strict ESADE requirements are met, a 12-month “fast-track” option is available. Though the final course-length decision won’t be required until as late as spring’s third term.

Regardless of the program and timeline, all students start the full-time MBA in September and will complete the same number of credits (90 total). Mandatory core classes comprise the first seven months, followed by the electives phase. In August of each year, the school also offers bridging courses online to ensure each student starts the MBA program with comparable knowledge.

In the pre-term and during the MBA program, ESADE encourages students to begin learning or to expand on their Spanish language skills, one of the most commonly spoken languages the world over. The school considers foreign-language fluency essential in the increasingly global business market, and that living and studying in Barcelona is provides a key opportunity to consolidate Spanish-speaking skills.

The initial compulsory core courses fall under the theme “understanding the context,” and span an introduction to general management, global contexts, and international business analytics. The second term covers “making decisions” with courses in competitive strategy, operational decisions to improve competition, and innovation and entrepreneurship. The third and final core term is “executive strategy and managing growth,” studying how to lead change, execute strategy, and additional entrepreneurship practice.

Once the core is satisfied, students can pursue eight electives in the category of “Advanced Management Topics,” plus several more electives based on individual interests to refine their expertise. This study section lets students hone skills and deepen their specific market knowledge. With a wide range of options, MBA students can thoroughly explore their potential career trajectories and satisfy their personal requirements. The “Final Master’s Project” takes place during the program’s final months, and lets MBA candidates to demonstrate their expanded knowledge and abilities with either a master thesis, business plan, or in-company project. The project involves the direct guidance of a faculty member and team of “tutors”—experienced professionals who aid students via individual sessions.

ESADE collaborates with universities around the world, and around 35% of its MBA students enroll in an exchange program. (They are not required to take an entrance exam or apply separately.) The school also offers for-credit “Global Study Tours” held in different areas and regions each year; in 2016-17 they included Colombia, Germany, Korea, South Africa, and the United States.

Additionally, students are encouraged to take “study treks” to visit companies around the world, explore ESADE-organized internships, and enroll in career acceleration programs in consulting, and investment and private banking, and business labs focusing on entrepreneurship, family business, innovation, and marketing.

Other MBA Degree Options

Beyond the full-time MBA, ESADE offers the Executive MBA, Global Executive MBA, and the Multinational MBA. In its Barcelona-based, 16-month program, the Executive MBA is part-time and more flexible, allowing students to combine work with their management education. The Multinational MBA is a 15-month program held six different cities, designed for entrepreneurs, senior executives, and experienced managers who aim to grow their businesses in a global environment. Taking place over 14 months, the Global Executive MBA (GEMBA) aims to combine education in the fields of global policy making, international relations, business strategy, and management and leadership. It involves six international residencies in various cities, each 12 days long; graduates will earn two MBA diplomas from Georgetown University and ESADE Business School, and a Global Management Program Certificate from INCAE Business School.

Degree Offerings

Full-time MBA
http://www.esade.edu/ftmba/eng

Executive MBA
http://www.esade.edu/emba/eng

Global Executive MBA
http://www.globalexecmba.com/

Multinational MBA
http://www.the-multinational-mba.com/


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Clubs, Conferences and Competitions

Before the full-time MBA program begins in September, ESADE encourages prospective or accepted students to visit its Barcelona campus and tour its facilities. This pre-term summer window also allows MBA candidates to practice their Spanish skills, or join in introductory or advanced language courses. Visitors may also wish to attend on-campus admissions events.

Once the school year is underway, ESADE students can get involved with the MBA Student Association (MBASA), a student-run body that organizes a broad range of educational, social, professional, cultural, and recreational activities. The group is highly cooperative, and encourages all MBA candidates to submit, develop, and carry out club proposals. MBASA oversees 23 clubs that span business and social interests.  For example, the Design and Innovation club run workshops, seminars and more to promote innovation in business.  Other notable clubs include Sports Business, Women in Business and the Hospitality Club.  Ones with a more cultural focus include the Asia Business and Latin American Business clubs.  With an understanding that students should maintain a work/life balance, the social clubs, such as Salsa and Better Halves, encourage students to have fun through various activities.

“EQUIP” is ESADE’s program that tracks industry trends, explores problems and potential solutions, and invites industry leaders to speak in classes and at special events. MBA candidates also are able to compete in a two-day event called “Leading Futures,” for which they’ll learn about principles in design-thinking workshops, apply methodologies to solve business challenges, and present innovative solutions each business case.

Campus Spaces

ESADE calls Barcelona home. This Mediterranean city is considered one of the most attractive areas in Europe for MBA students, easily combining business and leisure unlike many other urban environments. Barcelona is an entrepreneurial business center, and a thriving gateway to Europe with international diversity, dynamic communities, rich culture, and stunning nature all around.

With foresight about the eventual need for more campus space, ESADE opened the state-of-the-art Sant Cugat Campus in 2009, adding 200,000 square feet of varied facilities. Located in a more rural area, the campus includes an integrated gymnasium, restaurants, and several other on-site services. The Sant Cugat Campus houses the Esadecreapolis, the “creativity park” that invites companies to collaborate with ESADE students and school leaders by providing an ecosystems to inspire, facilitate, and accelerate innovation. The new site is frequented by thousands of students weekly, and is a pioneer in Spain for its design and construction under the Bologna Plan for European Higher Education Areas.


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Career Services

Through ESADE Careers, MBA candidates can get a jumpstart on their professional track. The department’s skilled professionals offer each student personalized attention throughout the career orientation and job search processes. The office provides resources, advice, and tips on narrowing the search for and pursuit of each student’s dream job—whether that is to build a new business or join an existing company.

Specialists include the student development team to aid in career orientation and job-hunting; and the business development team that works with the top companies and organizes year-round events focused on recruiting insights and market trends. Specifically, ESADE Careers helps candidates and graduates define their career strategies, improve their job-search written materials, learn effective ways to meet recruiters, improve interview techniques, negotiate offers, and to enhance their international career prospects. Additional benefits come with ESADE’s network of nearly 60,000 alumni, who hold many leadership positions in top companies around the world—always keeping in touch through the vibrant alumni network across more than 100 countries.

Career Statistics
Ninety percent of ESADE’s full-time MBA graduating Class of 2017 secured a job within three months of graduation. About a third of the class joined the technology industry.  Financial services were the next most popular field, claiming 21% of graduates.  Industry/manufacturing followed with 20% and consulting took in 19% of graduates.  Finally, 6% of the class pursued roles in the general services industry and 2% joined government/non-profit.

More than half of the Class of 2017 (52%) secured employment in Europe.  Latin America was the next most popular destination, as 17% of graduates headed there.  Asia claimed 14% of the class and North America welcomed 9%.  Six percent headed to MENA and the rest settled in Africa or Oceania.


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Class Profile

The Class of 2019 at ESADE is comprised of 187 students. Thirty-one percent of the class are women, and 96%% of the class are non-Spanish with students from 50 different nationalities. Upon matriculation at ESADE, students averaged nearly 29 years in age with five years of full-time work experience.

Nearly half of the class has an educational background in economics/management, while 31% pursued degrees in engineering.  Fourteen percent had studied humanities/social sciences and the rest fanned out across law and other sciences. The average GMAT score of admitted candidates is 660 and the GRE average is 160/162.

Application Procedures

ESADE’s full-time MBA has one annual intake, with classes starting each September and taking place Monday through Friday. As a flexible program, students can decide to complete the MBA in 12, 15, or 18 months (most choose the longer one). The program is open to 190 students maximum, divided into three sections. There are eight rounds of admissions deadlines from fall to spring, though the eighth and final round is open only to European Union residents. The application requirements for ESADE include two years of work experience, along with completing the school’s online application form and submitting two essays, a résumé, two letters of recommendation, $151 (€135) application fee, and transcripts from each college attended as well as a bachelor degree diploma, photograph, and passport or other international identification. Applicants also must report their GMAT or GRE test scores; and English-language results from either TOEFL (IBT 100 or CBT 250), IELTS (7.0 minimum), or Cambridge (proficiency), or Pearson (68 minimum). Interviews are required upon notification by the Admissions Office, held at admissions events, on campus in Barcelona, or via Skype.

Application Checklist

  • Online application
  • Curriculum vitae
  • Minimum two years work experience
  • Official GRE or GMAT
  • Two letters of recommendation
  • A digital photo
  • ID Card or Passport
  • TOEFL, IELTS, Cambridge or Academic Pearson test scores
  • Bachelor’s degree or equivalent
  • Uploaded transcripts, and academic certificates if the degree granted is not shown on transcripts
  • $159 (€135) Application fee

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ESADE’s 2018-2019 tuition is  €64,900 ($76,515), which includes course materials, IT services on-campus, and library services. There is also an additional €100 ($118) MBA student-association fee. As the program may be completed in 12, 15 or 18 months, additional expenses are broken down into monthly cost.  The school estimates that housing may range from €400 to €1,000 per month, utilities €100 to €200 per month, and food €250 to €500 per month.  Additional costs include transportation (€50 to €70/month), sports (€50 to €80/month) and miscellaneous (€250 to €450/month).  Overall, these additional monthly expenses can add up to €1,100 to €2,300.  These estimates can vary greatly depending on the student’s housing, lifestyle, and transportation choices.  Taking these figures into account, the cost of living and other expenses for a 12-month candidate can range from €13,200 to €27,600; for a 15-month candidate, €16,500 to €34,500; for an 18-month candidate €19,800 to €41,400.  Students moving to Barcelona with partners for the academic year are advised to increase all costs by approximately 30%.

ESADE’s financial-aid office personally assists students with MBA-program funding, offering a variety of financial-aid options. Many students finance their degrees through combinations of loans, scholarships, and personal savings. Full-time admitted candidates may simultaneously apply to for loans with ESADE two financial partners, Banc Sabadell and Prodigy Finance, but can select only one option to finance their MBA-program. The maximum loan amount offered through these agreements is capped at 100% of tuition fees (€64,900). A number of scholarships also are offered during the admissions process, based on either academic and talent criteria; or need-based and merit criteria.

Estimated Cost of Attendance

Tuition, course materials, IT services on-campus, and library services €64,900 ($76,515)

MBA Student Association Fee: €100 ($118)

Living Expenses (per month)

  • Housing  €400 – €1000
  • Utilities €100 – €200
  • Food €250 – €500
  • Transportation €50 – €70
  • Miscellaneous €250 – €450
  • Sports €50 – €80
  • Total €1,100 – €2,300

Totals

  • 12 Months €78,200 – €92,600 ($92,196 – $109,173)
  • 15 Months €81,500 – €99,500 ($96,086 – $117,307)
  • 18 Months €84,800 – €106,400 ($99,977 – $125,442)

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Stats

Class Size187
Mean GMAT660
Mean GPAn/a
% Female31%

Essay Topic Analysis


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Recommendation Questions


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Contact

Mailing Address
Av. Torre Blanca, 59
08172 Sant Cugat del Vallès
Barcelona SPAIN

Phone: +34934952088
Fax: +34932048105
Email: [email protected]
Website: http://www.esade.edu/ftmba/eng
Blog: http://mba.esadeblogs.com/
Twitter: @theESADEmba

Deadlines & Events

MBA LiveWire for ESADE

Application results in real time, submitted by site visitors.
June 18, 2018 1:13pm
Accepted via email.
GPA: 4. GMAT: 690. Italy.
May 3, 2018 4:04pm
Accepted via email.
GPA: 3.5. GMAT: 740. Germany.
April 28, 2018 8:49am
Waitlisted via portal.
GMAT: 720. India.
April 27, 2018 1:34am
Waitlisted via portal.
GMAT: 710. India.
October 5, 2017 6:19am
Interview Invite via email.
GMAT: 710.

DecisionWire for ESADE

LBS
Enrolled: London Business School
Admitted: ESADE, London Business School, Oxford / Saïd
GMAT: 640 GPA: 3.6
Post-MBA Career: Consulting
ES
Enrolled: ESADE
Admitted: ESADE, IESE
GMAT: 740
Post-MBA Career: Undecided
IES
Enrolled: IESE
Admitted: ESADE, IESE, INSEAD, Oxford / Saïd
GMAT: 680 GPA: 3.6
Post-MBA Career: Consulting
?
Enrolled: Undecided
Admitted: ESADE, Minnesota / Carlson
GMAT: 720 GPA: 3.8
Post-MBA Career: Consulting