So yesterday I attended this info session held by IESE Business School of Barcelona. The venue chosen was the ArabellaSheraton and a rather small, but sufficient room in the basement. The introduction to the school was held by the associate director of admissions. A very nice to look at lady with US origins and therefore perfect English.
The presentation was without flaws, the slides made a professional and polished impression. What surprised me was the rather small number of people who are going into Marketing afterwards. Only 8%. IESE is somewhat of a "subsidiary" of the Harvard Business School, and also solely relies on teaching through the case-study method. As I question the absolute superiority of this method (most US schools use standard lecture-based teaching at least to a certain extent) that was a slight negative point to me.
A case-study was meant to be held by one of IESEs professors, however he was stuck at the Munich airport due to snowfall and a soccer match that made traffic a bitch at just that time. Therefore the Alumni q&a was moved in before that.
Strangely, all the alumni present had been working in Consulting after graduating from IESE. Also, two of the four alumni present had been working for Bain before and after their MBA, obviously making the financing of the MBA a lot easier.
The alumni were very positive about their experience at IESE and one of them, who I talked to for about 15min, provided some more valuable insight. That did in fact bolster my impression that most of the top European schools are mainly Finance and Consulting (=General Management) driven.
So far, I have almost exclusively considered US schools, such as Kellogg, Fuqua, Haas, Tuck and Ross. I am not so sure if I should add IESE to that list.
With costs of 59000€ for the 19 months of school and cost of living in Barcelona comparable to that of many other capital cities, there is no real benefit in terms of savings there. Interestingly though, they do have an exchange program, so in your second year you can attend one of the top schools in the US (for example) for one semester. This may be interesting to some.
The professor didnt show up when it was 8pm, so I decided to leave then, as most other participants had already, leaving maybe 4 or 5 people for the case study. I didnt feel like participating that much that late, so I decided to call it a day. Too bad about the hot admissions girl, though. She definitely was caliente.