INCAE Business School

Overview

INCAE’s reputation is world renown. In 2003, 2004 and 2005 América Economía magazine ranked INCAE as the #1 business school in Latin America for its quality and creation of knowledge. Wall Street Journal's 2005 MBA Ranking placed INCAE at #10 in the world within Business School recruiting worldwide. In January 2004, the Financial Times, in its “World Top 100 Business Schools” ranks INCAE #4 in the world for the international business experiencie it gives to MBA students. Furthermore, other global organizations as the World Economic Forum rely on INCAE’s research and databases for their studies on economic indicators, competitiveness, and sustainability in Latin America.

INCAE was founded in 1964 by the business community, the governments of the Central American nations, and the Harvard Business School. Today, INCAE is a non-profit, multinational, private, higher-education organization devoted to teaching and research endeavors in the fields of business and applied economics aimed at training and instructing, from a worldwide perspective, individuals capable of succesfully holding top management positions in Latin America.

In more recent years, INCAE has been accredited by the SACS (1995), AACSB (1999) and EQUIS (2004). The United States Department of Education also accredits INCAE for Federal Student Aid.

The Francisco de Sola campus, in Nicaragua, is the home of the full-time, 15-month intensive MBA programme as well as the International Executive MBA. The Walter Kissling Gam campus, in Costa Rica, houses the full-time, 21-month regular MBA in addition to multiple executive training seminars and international joint programmes with partner universities abroad. Furthermore, INCAE currently runs Executive MBA cohorts in Panama, Peru, Guatemala and El Salvador.

In the study programme, all core courses are completed during the first year. The month of June brings students the opportunity to either expand their work experience through a three-month internship at a relevant company or to home their second-language skills by studying either English abroad or Spanish locally. In the second year there is more than just traditional academics for the students. During the first semester, students must carry out a live consulting assingment in teams of 4 to 7 students. This assignment, or fieldwork, can take place anywhere in Latin America, the United States, Europe, and soon, Asia. The students’ performance is closely monitored by INCAE faculty all the way from day one to the day of the final presentation to the board of directors of the host company. In short, an international experience with a practical application of the tools and concepts learned in the classroom.

Full Time

% Female Students25%
% International85
Avg. Work Exp.4
Avg. Students' Age25
Avg. GMAT575
AccreditationsAACSB, EQUIS,
Established Date1964
Start DatesFebruary, August,
Avg. Programme Duration21
Avg. Total Tuition Fees (excluding living expenses + books)47650
Class in Corporate Governance or Business EthicsYes
Teaching MethodologyMostly Case Method based
Avg. Base Salary captured for 201028000
Avg. Bonus captured for 2010USD3000
Percentage of students employed within three months in 201075%
School-sponsored Scholarship / Financial AidYes
School-sponsored Scholarships based on, Undergraduate Academic Merit, Work Experience, Special Research, GMAT Score, Demonstrated Leadership, Financial Needs Based,
Application DeadlineJanuary, July,
Min. GMAT550
Min. TOEFL (paper)400
Min. TOEFL (computer)N/A
Accept IELTSNo
Min years of work experience2
EssayYes
Interview Req.Yes
CV ReferencesYes
Resume/CVYes
Undergrad or equivalent degreeYes
TranscriptsNo
Completed Application FormYes
Application FeeUSD100

Executive MBA

% Female Students20%
% International10
Avg. Work Exp.12
Avg. Students' Age35
Avg. GMAT500
AccreditationsAACSB, EQUIS,
Established Date1989
Start DatesJuly,
Avg. Programme Duration16
Avg. Total Tuition Fees (excluding living expenses + books)23000
Class in Corporate Governance or Business EthicsYes
School-sponsored Scholarship / Financial AidNo
School-sponsored Scholarships based on,
Application DeadlineJune,
Min. GMAT550
Min. TOEFL (paper)N/A
Min. TOEFL (computer)N/A
Accept IELTSNo
Min years of work experience5
EssayYes
Interview Req.Yes
CV ReferencesYes
Resume/CVYes
Undergrad or equivalent degreeYes
TranscriptsNo
Completed Application FormYes
Application FeeUSD0

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Address

Campus INCAE
Carretera La Garita
Alajuela
Costa Rica
960-4050, Alajuela, Costa Rica
Costa Rica

Website

http://www.incae.edu/en/master-programs/

Email

stephanie.carvajal@incae.edu

Phone number

(506) 2437-2144

Application Deadlines