The Instituto de Estudios Superiores de Administración (Institute of Advanced Studies in Administration, IESA) is a private non-profit Venezuelan business school with campuses in Caracas, Maracaibo and Valencia.[1] It was founded in 1965.[2] It has its own publisher, Ediciones IESA.
IESA is considered Venezuela's leading business school, and it played a key role in the liberalization economic policy of the second administration of Carlos Andrés Pérez (1989 - 1993). A number of academics from it (including Moisés Naím and Ricardo Hausmann) were appointed ministers, and the group became known as the "IESA Boys," in analogy to Chile's Chicago Boys.[3]
IESA is accredited by two of the three leading global business school accreditation associations: AACSB and AMBA. It was formerly also accredited by EQUIS (2008–2021). In the 2009 QS Global 200 Business Schools Report[4] the school was ranked 9th in South America.