The IESE Social Impact Scholarship supports incoming Master in Finance and Master in Management students who have made an outstanding contribution to society. IESE looks for substantial impact through personal or professional experience, including nonprofit-sector involvement or work addressing social or environmental problems.
Both degree routes are based in Madrid and use the same scholarship page, selection framing and application rounds. The MiF comprises a nine-month academic phase plus a mandatory internship of at least three months, while the MiM lasts 11 months. Scholarship candidacies are submitted inside the relevant degree application and considered continuously.
Benefits & funding
- The award provides tuition support for study in IESE’s MiF or MiM program.
- IESE does not publish a fixed amount or tuition percentage for this named scholarship.
- Living expenses are not listed as covered.
Eligibility
- Applicants must qualify for and apply to either the IESE Master in Finance or Master in Management; as master’s entrants, they must hold a bachelor’s degree or equivalent.
- Candidates must show significant social impact through personal or professional experience, such as nonprofit involvement or work solving social or environmental problems.
- The MiF route is open to recent graduates from STEM, economics, finance or business backgrounds with no more than two years of full-time work experience; it also requires strong academics, quantitative ability, English proficiency and a GMAT, GRE or IESE Test score.
- IESE publishes no nationality, residency, gender or age restriction for this scholarship.
Can you apply?
Here's who can apply
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Education required
Bachelor
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Application process
- 1Choose the MiF or MiM route and complete its online application with the required academic records, test results, CV, English evidence, recommendation, essays and photograph.
- 2Include the scholarship cover letter within the degree application.
- 3In the cover letter, identify the relevant activities, organizations and duration of involvement.
- 4Submit by an admissions-round deadline; scholarship candidacies are reviewed continuously.
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
Round 7 application deadline
May 2, 2027
Round 8 application deadline
June 4, 2027
MiF and MiM programs begin; IESE does not publish an exact start day on the admissions pages
September 2027