The Fulbright/IE University Award for International MBA is a Fulbright U.S. Student Program partnership award in Spain, offered with IE University.
One American professional joins the full-time International MBA at IE Business School, taught in English, Spanish or both, running September to July.
Benefits & funding
- Full tuition waiver from IE (2026–27 fees: EUR 89,900; fees may vary)
- Monthly living stipend (amount varies by region), international travel, and accident and sickness cover plus extra health insurance
- One-time allowances, including a project allowance of up to EUR 500
- Grantees arrange their own housing; no support for dependants
Eligibility
- US citizens or nationals at the deadline; permanent residents and dual US–Spanish citizens are not eligible
- A bachelor’s or master’s degree, plus at least three years of full-time work after completing a degree
- Not living in Spain (3 months counts) at application or in the academic year before the grant
- Not eligible: PhD holders by the deadline, or anyone who lived abroad five or more of the six years before it
- Spanish at novice level; non-native speakers taking the Spanish track must certify advanced Spanish
Can you apply?
Here's who can apply
Decoded from the official rules. A free account checks them against your passport, degree and age in seconds.
“Candidates may not reside in Spain at the time of application or during the academic year prior to the grant. … Applicants who currently hold or will hold a doctoral degree (Ph.D.) by the national application deadline. … Anyone who has resided abroad for five or more years in the six-year period preceding the national application deadline.” Eligibility
Eligible nationalities
USA
Education required
Bachelor
Experience required
≥ 3 yrs
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Application process
- 1Submit the Fulbright online application for this award, with three recommendations and a Foreign Language Evaluation, by 6 October 2026; campus applicants may face an earlier adviser deadline.
- 2Apply separately to IE for the International MBA; admission must be confirmed by 15 February, though no admission letter is needed to apply to Fulbright.
Program timeline
6 October 2026
Fulbright deadline (2027–28 cycle)
recommended / not recommended notice
End of January 2027
IE admission required
15 February 2027
final selections, on a rolling basis
March–June 2027
grant and MBA begin
September 2027