Generally, I would say that IE is a very good university that has fulfilled my expectations of the « university experience » with a great variety of courses which are really interesting. I love the fact that teachers are usually very friendly and really interested in your ideas and person. You don’t get to choose your subject (Except for a few courses) but I was pleasantly surprised with every course for the moment.
As for the location, IE is situated in Salamanca, a Nice neighbourhood of Madrid. The advantage is that you can have your flat really next to the university and still be close to the city centre.
Another point I would like to highlight about the university is that the faculty members are very efficient and try their best to help you out in every situation. Just as an example, when you reside in Spain you need to get an official paper to legally live there, the NIE. Through the process of acquiring, I thought that they really helped us, as most of us do not speak Spanish fluently.