Elite European College's MBA Success Fuels Bet on NYC Campus

IE University has come a long way since a small group of entrepreneurs gathered in the twilight of the Franco era to hatch a plan for modernizing business education in Spain.

The college these days regularly appears near the top of rankings for Europe’s best MBA programs and touts itself as among the first schools to have offered the degree online. Its well-heeled alumni enjoy some of the biggest pay bumps after graduation and classes today take place in a gleaming skyscraper, offering the distracted sweeping views across Madrid and nearby mountains.