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IE’s MBA program among the top 10 worldwide in Aspen Institute’s sustainability ranking

Madrid, October 2007. IE Business School is No.10 in the world and No. 1 in Europe in the biennial MBA ranking published by Aspen Institute. The Aspen Institute ranking, known as “Beyond Grey Pinstripes”, is considered the most prestigious of its kind and evaluates how social and environmental issues are integrated into the MBA programs of 100 top international business schools.

“In the Beyond Grey Pinstripes survey, success is measured not by how much new MBA graduates earn or how many offers they get,” said Judith Samuelson, Executive Director of the Aspen Institute Business and Society Program, “but by how well prepared they are to guide a company through the complex relationship of business and society, where issues relating to the environment or the well-being of a community can impact a company’s performance and reputation.”

The ranking’s authors highlight the fact that IE Business School offers an extraordinary number of courses with relevant social or environmental content in comparison with other schools. IE Business School’s longstanding commitment to society permeates every one of its initiatives, to the extent that IE now has a dedicated social impact management department that plays a pivotal role in the school’s day-to-day activities.

“At IE we are acutely aware of the need to generate knowledge about responsible leadership. This concern translates into initiatives like our seminars on ethics, the IE Alumni Chair in Corporate Ethics and IE research centres dedicated to eco-intelligent management, diversity and corporate responsibility,” says Joaquín Garralda, Vice Dean of IE Business School and Director of the PwC-IE Centre for Corporate Responsibility. “We know how important it is to have an integral vision of how business decisions impact the environment.”

Social Entrepreneurship Competition

IE has introduced issues related to social and environmental management into over 60 core and elective courses of its masters programs. In the area of entrepreneurship IE offers a social entrepreneurship track to promote the creation of social companies. Moreover, all IE’s MBA students must prepare a business plan which includes an analysis of the social and environmental impact of their project. On an international level IE organises an annual “Social Entrepreneurship Business Plan Competition”, open to all students from the 8 schools that comprise the Sumaq Alliance. IE also organises events like the Forum on Social Responsibility, and recently launched the Corporate Responsibility Tribune, a platform for debate oriented to senior managers of European firms.

IE Business School shapes leaders that promote innovation and change in organisations, equipping directors with an entrepreneurial mindset that generates employment, wealth and social wellbeing. Recognised as one of the world’s leading business schools, IE Business School has an urban campus in Madrid and a faculty of more than 400 professors who teach students from 73 countries on its master, PhD and executive education programs. IE students use innovative online and presential learning formats, including the IE Communities platform where they exchange knowledge and experiences with 35,000 IE graduates that currently hold management positions in some 100 countries.