Posts Tagged ‘Master in Management#8217;


A start-up that customizes gift giving by IE Entrepreneurs

Written on May 27, 2014 by Dirk Hopfl in IE News

Everybody knows the situation which happens every now and then: What gift shall I buy? Another perfume, a tie, some socks, a bag? Nowadays with all the technology around it shouldn’t be that difficult but it looks like that only some Indian entrepreneurs found the solution or at least an approximate solution to this real-life problem: Thank you!

Prateek Rathore, Master in Management September 2011 intake, is now a full-time entrepreneur as a co-founder of, an online start-up in Greater Noida, INDIA. uses algorithms to customize gifting ideas for loved ones based on their personality and interests.

Take a look at the website of and find out more in the video.

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Give us 1 minute and discover our MIM students!

Written on April 25, 2014 by Dirk Hopfl in IE News

Knowing IE Business School, you realize quickly that you will study in a truly diverse environment. With 80% of international students with 55 different nationalities in the classroom, the IE Master in Management is probably one of the most international programs. But did you know as well that in this year intake you will find a National Table Tennis Player, a professional pianist, a London Olympics swimmer (without medal though :0), a TV Presenter and of course some social and not so social entrepreneurs. Get an idea on how your class may look like!

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3 start-up benefits that go beyond monetary compensation

Written on December 10, 2013 by Dirk Hopfl in IE News

Gessica Lomonte, MIM Graduate

The following post was composed by one of our MIM Alumni, Gessica Lomonte. You can check out how her start-up is doing, here.

When you are starting a new company finding awesome team members can be one of your biggest challenges. Your salary is likely to be much lower than the market rate; your boss could be younger than you are and you’ll probably become tired of listening to sentences like “We are running out on cash”. It is going to be hard, but living with these kinds of fears will really make an impact on you. Maybe you might not ever gain much in terms of monetary compensation, but on a personal level rewards are priceless. Here are three benefits you will have:

First-hand Experience

Maybe working for a huge multinational company would give you greater security, but on the other hand, it would also entail more corporate ladders and less responsibility. In a start-up everyone is expected to contribute right from the beginning, to actually make decisions and all in an environment with almost no hierarchy, which means you will manage and learn multiple parts of the business at the same time and a faster pace.

The Chance to make a visible Impact

Problems are catalysts for start-ups. Companies are created with the aim of finding solutions for everyday problems, or for making our lives easier. By working in a start-up and given that teams tend to be rather small, you will be able to contribute and be part of that solution through your ideas and your work.

Attitude and Environment

As Steve Jobs said “Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do”. But most importantly, whether you love your job or not will depend on the people that surround you. Start-up teams are usually made of young and ambitious individuals, and chances are they are also a bit crazy, or at least that is what the rest of the world thinks of them, just because they believe in the unbelievable – and that positive attitude towards the future will shape your personality.

Maybe your salary will be lower, maybe you will have to bring your own laptop to work, and maybe you won’t have monetary benefits; but you will build great friendships and most importantly you will see the outcome of your actions and you will be seen as a person, not a mere number in the annual balance sheet equation.

First published on the Master in Management Blog.


IE Entrepreneurs – Execution is key

Written on August 21, 2013 by Dirk Hopfl in IE News

Gessica Lomonte, MIM 2012, works as a Marketing Manager at cuaQea, a technology startup.

How many times have we read or listened to someone saying that if you have a good idea, the results will come? Well, sorry to say it is not really the case. Having a great idea is key, but knowing how to execute your idea is of paramount importance. In a startup context there is no road map to success, on what to do next, very often you need to make decisions very quickly and foresee if the course of events needs to be changed because it is not giving you the results you expected. You must be willing to take risks and adapt to changing environments and circumstances because not always everything goes as planned.

That being said, you depend on the resources you can make use of, namely time, cash and people. Time can be a constraint and you might be forced to balance the need to build up a detailed picture regarding customer needs against the desire to make decisions quickly. We all know that “cash is king”, no company can think of long-term growth and scalability if it lacks the main resource to make the necessary investments. However, what really makes the difference is the team. Your colleagues are the ones who share your vision and help you turn it into a vivid picture that the rest of the world can see. That is why you must trust your team, empower people around you and be smart enough to know how to capitalize on everyone’s strengths. Each one of the above mentioned affect your future as an entrepreneur, and if just one of them is missing, or it is not correctly “functioning”, that could have a negative impact on your company. The idea is just the starting point, the team behind the scenes is what helps you execute your vision, the available resources you have help you accomplish your objective, but it’s a combination of them all what either makes you a dreamer or a real entrepreneur.

First published on the Master in Management Blog.



Team Work – Love it or Hate it?

Written on July 12, 2013 by Dirk Hopfl in IE News

Michael Jordan might be the greatest basketball player of all time. In 1986-87, he had one of the most prolific scoring seasons in NBA history, scoring over 3,000 points. But from 1987-1990 Jordan had an Achilles heel, the Pistons. The Bulls met and lost to the Pistons in the Playoffs for three consecutive seasons. All that changed in the 1990-1991 season when the Bulls beat the Pistons in a surprising sweep. So what do Jordan and the Bulls have to do with IE?

Let me explain.

Some say that a part of the Bull’s success is because Jordan changed from an individual on a team to a player leading a team. And if there’s one thing you should know about IE, is that it loves group work.

Group work is synonymous with class work.

But with people from all around the world working together in stressful environments, sometimes this doesn’t always go down so well; expect possible conflicts, and expect a lot of them. True, you might be blessed with a group with none at all, like vultures on diets eager to share, but chances are slim. You’re more likely to find yourself in a group where someone or several people have completely different working styles compared to your own. When you want to go “left”, some might want to go “right”, and vice versa. However, together you have to figure out how to go straight which often is easier said than done. But it’s a great way to learn for all. “Coming together is a beginning. Keeping together is progress. Working together is success.”

I think the two most important things I have learned so far are:

It’s important to become friends with the people in your group

Sound silly? It’s not. You’re far more willing to go the extra mile on a group project for someone you consider a friend; and you’re also far more likely to actually pay attention to what they have to say.

Just because you think you are right, it doesn’t mean they’re wrong

As I see it for now, group work isn’t about proving who’s right and who’s wrong. It’s about getting the job done the best way possible; and although I might sound like I know exactly what I’m talking about, I assure you, I don’t; I’m still learning, a lot.

Some might say that IE gives it too much credit and puts too much focus on group work. I disagree; because if you can’t figure out how to work in a group when only your grades are on the line, how will you fare when you graduate and your job is on the line?

Group work, hate it or love it?

The most important thing is to make sure you learn from it.

First publish on IE Master in Management blog, written by Charles Oben.


Get the insights into the IE Campus Life

Written on April 21, 2013 by Dirk Hopfl in IE News

IE Campus LifeIt is difficult to get a sense on how students spend their non-lecture time at IE. For potential candidate this piece of information however is important as a Master degree in a foreign country should not just only be about academics and learning. Immersing into culture, learning Spanish and build up the personal and professional network are as critical to the overall experience.

It is a reality that students spend long hours working in teams preparing presentations, discuss projects and find solutions to the problems highlighted in each case. It is also true that on top you have to spend several hours prior to your team meetings to read all those case studies and technical notes.

However, there seems to be also time for the other “more exciting student life” meaning joining student clubs, networking and partying. Check the web of the IE Campus Life and their facebook page to really learn which student clubs are doing what.


Planning for the Master in Management in September 2013?

Written on March 7, 2013 by Dirk Hopfl in IE News

Experiences that will change your life are awaiting you right here at IE. Thus, if you are ready for changes, the top ranked Master in Management program is an option you might want to consider. The key dates for the September 2013 intake are:

  • Intensive Spanish Classes: to be announced
  • Opening Ceremony:  September 12th 2013
  • Graduation: July 18th 2014
  • BBE: from July to December 2014

Please remember that IE has a rolling admissions procedure which means that there are no explicit application deadlines.  You can find the online application here!!


The world is getting smaller – thanks to IE!

Written on March 1, 2013 by Dirk Hopfl in IE News

Have you ever wondered what Master in Managemnt alumni are doing in the long run after having graduated from IE? Check out the video below to meet Dhruv, an Indian graduate of IE Business School’s Master in Management, and find out the effect IE had on his life and career 3 years after graduating. Also, if you are interested in reading about the trip from Madrid to Mongolia Dhruv speaks about, you can find all the information by clicking here.

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This post was first published on the Master in Mangement Blog.


Career success managed – IE Master in Management

Written on February 13, 2013 by Dirk Hopfl in IE News

Let’s face it – at least one of the reasons you attend business school is to enhance your career prospects. At IE, we will provide you with the competitive edge to succeed in the job market by helping you to take charge and drive your career in the right direction. The tools you will be able to acquire during your Master in Management program will not only enable you to increase your own value proposition based on an excellent education but also your marketability. Some of the resources we provide to help you to kick-start your career are:

The Career Strategy Personal and Professional Development Workshop Series to develop skills in areas such as networking, interviewing, résumé and cover letter writing, as well as negotiations

Access to trained career counselors, the IE Job Bank and the yearly IE Careers Fair that hosts more than 100 international companies

The Careers Immersion Week and Executive Insights Series

The opportunity to gain practical experience during the Corporate Immersion Week

Please check out also the video below for more detailed information on how IE can help you to achieve your career goals.

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Post first published on the Master in Management Blog.


Guanxi – the art of relationship

Written on December 18, 2012 by Dirk Hopfl in IE News

The Master in Management lets you live not only the international environment in Madrid, but also takes you out to one week explorer trips to different destinations in the world. Tamara Zeidan, student of the February 2012 intake, relates her experiences:

Being involved in the unique Global Immersion Week program organized by IE Business School has been one of the most outstanding experiences I’ve lived so far. The following description tries to grasp a small piece of an experience that can only do it justice if you ever visit.

Having read and heard so much about Shanghai my curiosity of discovering this city had been growing and growing. My interest grew even fonder after the Shanghai World Expo in 2010. Many similarities have been drawn with New York; “the city that never sleeps”, “the skyscraper city” or “the financial hub”, but Shanghai is not only that. It also has thousands and thousands of years of history behind it that deeply shape it. Shanghai represents a melting pot between Western and Eastern cultures, between the futuristic skyscrapers and old Shikumen, between a modern generation Y and the old traditional generation and last but not least a blend between Western customs and Chinese traditions. These clashes are the result of a modernization of the city and that is why, I believe, it makes it such a fascinating place to discover.

During our time there, we were lucky enough to visit very interesting companies such as Touch Media, Maersk, Tristate Holdings Ltd and Spring Airlines. We met successful accomplished business people who gave us insights on the main challenges when “Doing Business in China”. They shared with us the reasons why an expanding company, such as Best Buy or Ikea etc., could be unsuccessful or fail upon their launching on Chinese soil. An important cultural aspect in China is that the trust and respect is more important than anything else, sometimes even more than being legal. As John Chan (Managing Director at Streetsmart International Inc.) explained to us, we need to adapt to Chinese markets while respecting their values to successfully conduct business in China and for that, Guanxi (= relationships) are key! If they don’t trust you they can’t do business with you. Basically “There has to be respect and trust in everything you do.” Guanxi, is a complex concept that goes beyond just creating a mutually beneficial relationship; it involves respect, trust, credibility and reciprocity. What is also fundamental in order to establish “Guanxi” is the knowledge and understanding of years of Chinese history. Therefore, one could call Guanxi the art of these relationships.

We also had a great time exploring the city and its cultural attractions when visiting monuments such as the Shanghai museum, the YU Gardens, the old town, the Confucius temple, the markets.. and also the deep water port in Yangshan.

Overall, it was a very enriching experience at every level; personal, professional and cultural. It is the kind of experience that makes you think a lot, not only during but specially afterwards…

To be able to understand how “indescribable” this city is, I hope you will have the opportunity to go to Shanghai within the next three years. This city grows at such an exceptional rate that one year in Shanghai is almost like three years in a western country!

This post was first published on the Master in Management Blog.

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