Major Expansion Planned in 2018 for IESE Business School
Spain’s highly-ranked IESE Business School will soon undergo a complete facilities transformation, according to a recent announcement by the school’s dean, Professor Franz Heukamp.
In 2018, work will begin on a new, state-of-the-art campus building in Madrid. Designed by the architectural firm S-M.A.O. with the goal of achieving LEED Gold certification, the projected 24 million euro investment will double the current space of IESE in Madrid and triple the amount of land available, allowing for future extensions if needed.
“IESE aspires to have one of the most influential training centers in the world. The enlargement of our campus will help us support and stimulate the growth of the business community in Madrid,” Heukamp stressed to the more than 3,000 alumni gathered to celebrate the school’s Global Alumni Reunion in November.
The expansion of the Madrid campus is designed to help the school better serve the approximately 15,000 IESE alumni living in Madrid, while also continuing to enhance the school’s cutting edge research and teaching offering to the national and international business community.
New international programs for managers and companies will be delivered from the campus, and there will also be a special emphasis on deepening IESE’s research and entrepreneurial activity in the city.
The fundraising campaign for financing the project has already started. IESE has the support of its entire network of former students as well as that of its partner companies, who are collaborating to provide 70% of the funding. The remaining 30% will come from IESE’s regular budget.
This project is part of an overall expansion plan for IESE, which began in 2015 with the opening of a new campus in Munich, continued with the expansion of the school’s South campus last year in Barcelona, and which will culminate with this project for the IESE campus in Madrid.