The European School of Economics (ESE) is a private business school that offers bachelor's, master's, and other postgraduate courses focused on international business, marketing, finance, and management. The ESE has several campuses globally, including one in Madrid, Spain.
The school was established in 1994 by Elio D'Anna, aiming to provide an innovative educational approach by blending traditional academic excellence with professional development and personal growth opportunities. The philosophy of the school is centered around the idea of "The Dream is the most real thing there is" – proposing that students can create their future by envisioning their goals clearly and pursuing them with dedication.
The Madrid campus provides students with an international learning environment, due to its diverse student body and focus on global business strategies.
Duration: 3 years
Focus: Offers a broad understanding of the operational aspects of business and management.
Duration: 3 years
Focus: Equips students with the skills to manage finances in corporate and international market contexts.
Duration: 3 years
Focus: Covers marketing strategies and practices, emphasizing digital marketing and global markets.
Duration: 1 year
Focus: Provides advanced knowledge in management theory and practice, with leadership skills development.
Duration: 1 year
Focus: Advanced studies in marketing strategies, consumer behavior, and brand management.
Duration: 1 year
Focus: Focuses on financial analysis, investment strategies, and financial markets.
Focus: An intensive program designed to develop global leaders with a deep understanding of international business and innovation.
Course Program Name |
Duration |
Tuition Fees Per Year (USD) |
|---|---|---|
|
BSc (Hons) in Business Administration |
3 years |
$24,000 |
|
BSc (Hons) in Finance |
3 years |
$24,000 |
|
BSc (Hons) in Marketing |
3 years |
$24,000 |
Course Program Name |
Duration |
Tuition Fees Per Year (USD) |
|---|---|---|
|
MSc in Management |
1 year |
$29,000 |
|
MSc in Marketing |
1 year |
$29,000 |
|
MSc in Finance |
1 year |
$29,000 |
|
International MBA |
1 year |
$32,000 |
Application: Submit the online application form along with required documents.
Documents: Academic transcripts, proof of English proficiency (e.g., TOEFL, IELTS), personal statement, and a recommendation letter.
Interview: A possible interview either in person or online.
Decision: Admission decisions are typically communicated within a few weeks of the interview.
Academic Requirements: Completed secondary education for bachelor's programs and a relevant undergraduate degree for master's programs.
English Proficiency: Non-native English speakers need to demonstrate proficiency through standardized tests like TOEFL or IELTS.
Bachelor’s Programs: Approximately $24,000 per year.
Master’s Programs: Approximately $29,000 per year.
MBA Programs: Approximately $32,000 per year.
ESE offers scholarships based on academic merit and financial need. International students are encouraged to apply for these scholarships to reduce tuition costs.
Classrooms: Modern and equipped with the latest technology.
Library: Extensive resources including online databases.
Student Lounge: Comfortable spaces for students to relax and interact.
Cultural Activities: Regular events and activities to immerse students in Spanish culture.
Student Support: Counseling services, academic advising, and career services.
Clubs and Organizations: Student-run clubs and societies to enhance social life and networking.
Internships: ESE has partnerships with numerous companies to provide internship opportunities.
Career Services: Assistance with job placements, resume building, and interview preparation.
ESE has a relatively selective admission process, with an emphasis on academic performance, personal motivation, and career aspirations. Specific acceptance rates are not publicly disclosed but can be inquired directly.
Madrid: The ESE Madrid campus is centrally located, providing students with easy access to the city’s vibrant culture, business hubs, and historical landmarks.
On-Campus Housing: Limited availability; priority is given to international students.
Off-Campus Housing: Assistance is provided to find suitable accommodation in nearby areas.
Online Application Form: Complete and submit the application form available on the ESE website.
Application Fee: Pay the non-refundable application fee as specified by the institution.
Academic Transcripts: Submit official transcripts from all previously attended institutions.
Proof of English Proficiency: Non-native English speakers must provide proof of English proficiency through standardized tests such as TOEFL or IELTS.
Personal Statement: Write a personal statement explaining your motivations for choosing ESE, your career goals, and how the program aligns with your aspirations.
Recommendation Letters: Provide at least one letter of recommendation from a teacher, professor, or professional who can attest to your qualifications and potential.
Resume/CV: Include a current resume or curriculum vitae detailing your academic and professional background.
Interview: Selected candidates may be invited for an interview, either in person or online. The interview aims to evaluate your communication skills, motivation, and fit for the program.
Admission Decision: After reviewing the application and conducting the interview, the admissions committee will make a decision. Applicants will be notified of their admission status via email.
Acceptance of Offer: If admitted, you will need to accept the offer by paying a deposit and completing any additional enrollment forms.
Visa and Travel Arrangements: International students should begin the visa application process and make travel arrangements to Spain.
Application Deadlines: ESE operates on a rolling admissions basis, but it is advisable to apply early to secure a place in your desired program.
Program Start Dates: Programs typically start in the fall and spring. Check the ESE website for specific start dates.
Fall Intake: September/October
Spring Intake: January/February
Summer Intake: May/June (availability may vary by program)
Academic Requirements:
Completion of secondary education (high school diploma or equivalent).
Good academic standing with a minimum GPA as required by ESE.
English Proficiency:
For non-native English speakers, proof of English proficiency is required. Acceptable tests include:
TOEFL: Minimum score of 79 (iBT)
IELTS: Minimum score of 6.0
Cambridge Certificate of Proficiency in English (CPE): Grade C or above
Pearson Test of English (PTE): Minimum score of 50
Additional Requirements:
Personal statement (approximately 500 words) outlining motivations, career goals, and reasons for choosing ESE.
One letter of recommendation from a teacher or professional who can attest to the applicant's academic abilities and potential.
Academic Requirements:
A bachelor's degree from a recognized institution in a relevant field.
Good academic standing with a minimum GPA as required by ESE.
English Proficiency:
For non-native English speakers, proof of English proficiency is required. Acceptable tests include:
TOEFL: Minimum score of 89 (iBT)
IELTS: Minimum score of 6.5
Cambridge Certificate of Proficiency in English (CPE): Grade B or above
Pearson Test of English (PTE): Minimum score of 58
Additional Requirements:
Personal statement (approximately 500 words) outlining motivations, career goals, and reasons for choosing ESE.
Two letters of recommendation from professors or professionals who can attest to the applicant's academic and professional potential.
Current resume or curriculum vitae detailing academic and professional background.
Scholarship Name |
Eligibility Criteria |
Amount |
Application Requirements |
|---|---|---|---|
|
Merit-Based Scholarship |
High academic achievement |
Up to 30% of tuition fees |
Academic transcripts, personal statement, recommendation letter |
|
Need-Based Scholarship |
Demonstrated financial need |
Up to 30% of tuition fees |
Financial statements, personal statement, recommendation letter |
|
ESE International Scholarship |
International students with outstanding academic performance |
Up to 20% of tuition fees |
Academic transcripts, proof of English proficiency, recommendation letter |
|
Alumni Scholarship |
Children or relatives of ESE alumni |
10% of tuition fees |
Proof of relation to alumni, personal statement |
|
Early Application Scholarship |
Students who apply and enroll early |
Up to 15% of tuition fees |
Complete application before the specified early deadline |
Facility |
Description |
Cost (USD) |
|---|---|---|
|
Campus Location |
Centrally located in Madrid, providing access to city amenities and cultural sites |
N/A |
|
Classrooms |
Modern classrooms equipped with the latest technology |
Included in tuition |
|
Library |
Extensive resources, including online databases |
Included in tuition |
|
Student Lounge |
Comfortable spaces for students to relax and interact |
Included in tuition |
|
Computer Labs |
Available with the latest software and high-speed internet |
Included in tuition |
|
Accommodation Options |
|
|
|
On-Campus Housing |
Limited availability, priority for international students |
$12,000 - $15,000/year |
|
Off-Campus Housing |
Assistance provided to find nearby accommodation |
$10,000 - $14,000/year |
|
Meal Plans |
Not typically included, but many nearby dining options |
N/A |
|
Gym and Fitness |
Access to nearby fitness centers and gyms |
$300 - $500/year |
|
Health Services |
Access to local healthcare providers |
Insurance required |
|
Transportation |
Located near public transportation options |
$50 - $100/month |
Small Class Sizes: Personalized attention from professors and more interactive learning experiences.
Diverse Student Body: Students from countries, fostering a multicultural environment.
Innovative Curriculum: Focus on practical learning and real-world applications.
Student Clubs and Organizations: Clubs related to business, marketing, finance, and other interests.
Cultural Activities: Opportunities to participate in cultural events, festivals, and local traditions in Madrid.
Sports and Fitness: Access to nearby fitness centers and sports facilities, encouraging an active lifestyle.
Internships: ESE's strong network with businesses provides ample internship opportunities.
Career Services: Assistance with resume building, interview preparation, and job placements.
Guest Lectures and Workshops: Regular events featuring industry experts and alumni sharing their experiences.
Social Events: Regularly organized social events, including welcome parties, networking events, and cultural trips.
City Life: Madrid's vibrant nightlife, dining, and entertainment options provide students with numerous opportunities to explore and enjoy the city.
Academic Advising: Personalized academic support and guidance throughout the program.
Counseling Services: Access to professional counseling for personal and academic issues.
International Student Support: Assistance with visas, accommodation, and adaptation to life in Spain.
On-Campus Housing: Limited on-campus accommodation, primarily for international students.
Off-Campus Housing: Support in finding suitable housing in nearby areas, with options ranging from shared apartments to private studios.
Internship Program: ESE offers an integrated internship program, where students can gain practical experience in their field of study. The school has partnerships with companies across different industries.
Global Internship Placements: Opportunities for internships not only in Spain but also in other ESE campuses like London, New York, and Rome, providing a global perspective.
Career Counseling: One-on-one sessions with career counselors to help students define their career goals and develop a plan to achieve them.
Resume and Cover Letter Assistance: Guidance on creating effective resumes and cover letters tailored to specific industries and job roles.
Interview Preparation: Workshops and mock interviews to prepare students for job interviews, focusing on both general and industry-specific questions.
Job Fairs and Networking Events: Regular events where students can meet potential employers and industry professionals, expanding their professional network.
ESE collaborates with a wide range of companies and organizations across different sectors, ensuring that students have access to diverse opportunities for internships and job placements. These partnerships include multinational corporations, startups, non-profits, and more.
Strong Alumni Network: ESE has a global network of alumni who work in industries and roles. This network provides current students with valuable connections and insights into different career paths.
Alumni Mentorship: Opportunities for current students to be mentored by ESE alumni, gaining advice and guidance from those who have successfully transitioned from school to the professional world.
While specific placement statistics may vary from year to year, ESE generally boasts a high placement rate for its graduates. Many students secure job offers from their internship companies or through the school’s career services.
Case Studies and Testimonials: ESE regularly shares success stories and testimonials from graduates who have gone on to achieve significant success in their careers. These stories highlight the diverse career paths ESE graduates take and the impact of their education on their professional achievements.
Finance: Financial analysts, investment bankers, consultants.
Marketing: Marketing managers, digital marketing specialists, brand managers.
Management: Business development managers, project managers, operations managers.
Entrepreneurship: Many ESE graduates also go on to start their own businesses, leveraging the entrepreneurial skills and mindset developed during their studies.
Academic Performance: Good academic standing in previous educational endeavors.
English Proficiency: For non-native English speakers, a good score in TOEFL, IELTS, or equivalent tests.
Personal Statement: A well-written personal statement that outlines the candidate’s motivations, career goals, and reasons for choosing ESE.
Recommendation Letters: Strong letters of recommendation from teachers or professionals.
Interview: Performance in the admission interview, which assesses the candidate’s communication skills, motivation, and fit for the program.
City: Madrid
Country: Spain
Address: Calle Antonio Maura, 12, 28014 Madrid, Spain
Central Location: The ESE Madrid campus is situated in the heart of the city, providing easy access to cultural, historical, and business sites.
Accessibility: Well-connected by public transportation, including metro, buses, and trains.
Facilities: Modern classrooms, library, student lounges, and computer labs.
Cultural Exposure: Madrid is known for its rich history, art, and vibrant cultural scene, offering students a unique learning experience beyond the classroom.
Business Hub: As a major business center, Madrid provides numerous internship and employment opportunities for students.
Student Life: A dynamic city with a variety of social, recreational, and professional activities, enhancing the overall student experience.
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