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Instituto de Empresa IE Business School

As one of the world top MBA programs that offer one year degree of Master of Business Administration, Instituto de Empresa IE Business School delivers its courses through classroom in a part-time base. This page provides major areas of study, financial information and physical location of Instituto de Empresa IE Business School - Madrid, Spain. Also, you will find school official website, email address, and contact phone number of Instituto de Empresa IE Business School.

Instituto de Empresa IE Business School

International MBA (1 year)

Program Detail

Program Name International MBA
Program Overview
Areas of Study
  • Accounting
  • Communications
  • Economics
  • Entrepreneurship
  • Finance
  • General Management
  • Human Resource Management
  • Management Information Systems
  • Marketing
  • Operations Management
  • Strategy
  • Other: Law; Behavioral and Social Sciences
Joint Degree Offered Yes
Delivery Format Classroom
GMAT Score GMAT Accepted
Tuition & Fees Total Program: EUR 59,900
Financial Aid Availability Financial aid available, contact school for more information
Start Dates &
Application Deadlines
Start Date Application Date
11/3/2014
4/1/2015
This program accepts rolling admissions.
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MBA in Digital Transformation

The MBA Digital Transformation is the academic response to digital change, which is increasingly affecting companies of all sizes. In order to seize market opportunities or to remain competitive, companies have to face the challenges of digitization. The MBA degree in Digital Transformation is an excellent preparation for this special task in business. In this detailed article you will learn everything about studying and possible career opportunities and you will find the right universities straight away.

How are analog business structures meaningfully converted into a digital form? How can a marketing strategy be appropriately applied to social media? Can a smartphone help expand the business model? Students encounter these and other questions when studying digital transformation. An economics-based course that examines the modern challenges of digitization based on business knowledge and methods. Therefore, on the one hand, classic content from areas such as project management or strategic corporate management is taught. In addition, this content is meaningfully linked to contemporary issues that arise from digital change.

Digital business, IT management & Co.

There are many MBA courses with different names that deal specifically with partial aspects or the overall picture of digitization, including digital transformation. The focus here is clearly on change. At first, this appears to be a small task; considering the far-reaching effects of digitization, a separate course of study is sensible for this. Comparable to change management, the task of digital transformation is to bring structures, production processes or even entire companies up to date, digital standards. Last but not least, extensive knowledge of business, management and IT is required to understand this challenge as a holistic concept.

An MBA Digital Transformation is particularly recommended for working Bachelor graduates. This enables them to deepen their economic knowledge and also acquire special knowledge about digitization processes. If you want to boost your career, want to take on more responsibility or promise yourself an salary through an MBA, you should seriously consider studying for an MBA.

The need for digitalization experts is increasing. Many companies recognize that they have to keep up with the times in order to remain competitive. Working people do not have to go away empty-handed, because an MBA course is often also offered as part-time or distance learning. If you decide to do this, you can put your acquired knowledge into practice during your studies.

Requirements

Once you have decided to study for an MBA, certain requirements must be met for admission to the course. The basic requirement is a first university degree, ideally in an economics or information technology course. In exceptional cases, working people can also complete an MBA part-time without first degree. Furthermore, many universities expect several years of professional experience before starting their studies. In addition, some universities require proof of foreign language skills because their courses are designed internationally or (partly) in English.

Costs

Compared to other degrees, studying for an MBA often costs a lot of fees. Below we have researched a few examples of study costs. Don't be put off by the cost of studying, however, because it's a lifelong investment in your future. An MBA course can also be managed with good funding. Since the MBA is primarily aimed at working people, they can consider financing from the employer. Did you already know that tuition fees can be deducted from tax ?

Examples of MBA digital transformation costs

University Degree program Total cost
University of Applied Sciences of the BFI Vienna MBA digital transformation 8,900 euros
Goethe Business School MBA Digital Transformation Management Between 29,750 and 35,000 euros
Vienna University of Economics and Business (WU) Executive Academy MBA Digital Transformation & Data Science Between 37,830 and 39,000 euros
LIMAK Austrian Business School MBA Digital Transformation & Change Management 20,900 euros

Course content

As the name suggests, students of an MBA Digital Transformation become experts in digital change. In order for this to succeed, an interdisciplinary mix of business, management and IT is taught. The focus here is on changes of all kinds: be it in the organization of personnel or company structures or the adaptation of business models to digital innovations, these and other challenges must be overcome. At the end of their studies, students are very familiar with data security, data law or digital corporate management. We have researched a few sample modules from various courses that you can use to orientate yourself:

Possible modules economy

  • Innovation management
  • Project management
  • Strategic corporate management
  • Financial management
  • HR management

Possible modules digitization

  • Data management & data evaluation
  • digital business models
  • IT architecture & IT management
  • digital marketing
  • IT security
  • Data management

The MBA degree in digital transformation often offers scope for specializations. In this way, the students profile themselves on a special topic, deal with the one that is most relevant to them and thus stand out from other applicants. We would also like to list some example modules here:

Possible specializations

  • Industry 4.0
  • Internet of Things
  • Digitization in finance
  • Digital trends & innovations
  • Digital leadership

Duration and expiry

Depending on the type of study, students have between 3 and 5 semesters of regular study time at the MBA. Towards the end of the course, the students write a master's thesis; after passing the course successfully, they have attained the academic degree of the Master of Business Administration (MBA).

The exact course of the MBA course depends largely on the chosen form of study. Basically, you can choose between a part-time study course or distance learning. A part-time MBA course is particularly recommended for those for whom regular attendance of courses guarantees success. There is also the opportunity to exchange ideas directly with lecturers and fellow students.

It looks different with an MBA distance learning. The students of this type of study are completely independent of time and place, but they have to learn all of the learning content themselves. Especially if you are aiming for an MBA distance learning course without a first degree, you should be aware of this. Recently, some courses have also been offered as an online MBA. Here all learning content is made available online, and there is also an exchange with fellow students via online chat.

Career and salary

The need for diversely trained experts for management & digital is increasing. More and more companies are recognizing the potential and necessity of digital change, so they want to benefit from it accordingly. Graduates of the digital transformation are in high demand as experts at the interface between business and IT. Their industry-independent knowledge can be applied in almost all companies, so graduates can forge a career according to their own ideas and interests.

An MBA often qualifies for a management position. Below we have researched possible career fields for graduates of an MBA digital transformation:

  • Project management
  • Change management
  • Data protection & data law
  • Business consulting
  • Digitization officer
  • Big data management
  • Quality management

Salary

Last but not least, the salary is a decisive factor for an MBA degree. As a starting salary, a gross monthly salary between 4,000 and 9,000 euros is possible. Ultimately, this value is only for guidance, because an actual salary is determined by more factors than just an academic degree. Professional experience (e.g. internships, etc.) or additional qualifications also play an important role. A little negotiating skills can also have a positive impact on the salary.


Instituto de Empresa IE Business School


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