IESE Diversity Scholarship — Master's Scholarship

The IESE Diversity Scholarship supports exceptional applicants to the Master in Management who come from under-represented nationalities or have unique profiles. Recipients join IESE Business School’s 11-month, in-person MiM in Madrid and are expected to contribute positively to classroom learning.

IESE awards MiM scholarships on merit through a continuous admissions process. Applications for the September 2027 intake are open, with eight rounds ending on June 4, 2027; applicants without an EU passport must submit before May 1, 2027.

Benefits & funding

Merit-based support toward the IESE MiM tuition fee.
IESE does not publish a fixed value or number of awards for this scholarship.
The MiM tuition fee for the September 2027 intake is €55,500.

Eligibility

Apply to the IESE Master in Management and hold an official university degree.
Present an exceptional candidacy from an under-represented nationality or a unique profile that can add positively to classroom learning; this is a selection focus, not a nationality restriction.
Submit a GMAT, GRE or IESE Test result, plus the required transcripts, CV, recommendation, essays and English-language evidence where applicable.
No prior work experience is required for the MiM.
Applicants without an EU passport must apply before May 1, 2027 because of Spanish immigration requirements.

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.

Education required
Bachelor

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Application process

1
Complete the online IESE MiM application for the 2028 intake.
2
Upload the required academic, test, identity and application documents.
3
Include one scholarship cover letter within the application.
4
Submit by an admissions round; IESE advises applying early because scholarships are allocated on a rolling basis.
5
Complete the admissions interview if invited and await the committee’s decision.

Program timeline

Round 1 application deadline
October 2, 2026
Round 2 application deadline
November 6, 2026
Round 3 application deadline
December 11, 2026
Round 4 application deadline
January 15, 2027
Round 5 application deadline
February 22, 2027
Round 6 application deadline
March 26, 2027
Submission cutoff for applicants without an EU passport
Before May 1, 2027
Round 7 application deadline
May 2, 2027
Round 8 and final published application deadline
June 4, 2027
MiM program starts
September 2027