IE Ranked First in Europe in MBA Programs by Both The Wall Street Journal and The Economist

Business Wire, Oct 9, 2003

Business Editors/Education Writers

MADRID, Spain--(BUSINESS WIRE)--Oct. 9, 2003

Business School Known for Entrepreneurship, Innovation and International Environment

IE (Instituto de Empresa) is the leading European business school in MBA programs, according to rankings published recently by both The Wall Street Journal and the Economist Intelligence Unit (EIU). These achievements further consolidate the work carried out over the last 30 years by IE, renowned for its markedly international environment and commitment to entrepreneurship and innovation.

In its annual ranking published in September, The Wall Street Journal also places IE in third position worldwide and first in Spain in the section covering business schools outside the United States. EIU also ranks IE eighth worldwide in MBA programs, according to its ranking, published last week.

The WSJ ranking is based on the opinion of over 2,000 recruiters, whose opinion is taken into account to evaluate the quality of the programs in aspects that include areas of academic excellence, international outlook, levels of diversity, the professional progress of MBA students, skills, and knowledge.

The EIU ranking evaluates the quality of MBA programs. This year over 23,000 graduates from 115 business schools across the world took part in its survey, which is based on criteria that include the academic quality of the program, subsequent professional progress, salaries, the usefulness of networking, graduates' satisfaction, etc.

About IE (Instituto de Empresa)

IE (Instituto de Empresa), a renowned international business school, empowers graduates with the highest levels of academic achievement, innovative thinking and real-world experience to build successful, ethical organizations worldwide. The Wall Street Journal, Financial Times, BusinessWeek and The Economist consistently rank IE as a top international business school and highlight its ability to instill qualities of leadership and entrepreneurship, as well as teaching managerial, communication and interpersonal skills. Additionally, Fortune 1000 companies trust IE as a partner that delivers original, market-oriented concepts with measurable business results. Located in the thriving business community of Madrid, IE offers an open yet structured approach to its full-time master's degree programs, part-time executive master's degrees and executive education programs by integrating academic excellence, entreprenuerism and applied research within an internationally diverse environment.

On the Net: IE's site: http://www.ie.edu