Master in Economic Development and Growth (MEDEG)

C= Compulsory : 36 ECTS

E= Elective Course: 12 ECTS

Master's Thesis: 12 ECTS

course Programs

◤ Access to previous course programs

GENERAL COURSE INFORMATION

☛ First year offered: 2010

• Information about Master´s Degree
• Verification Report
• External Evaluation and Monitoring Reports

QUALITY INDICATORS

☛ Master's Degree indicators

☛ Labour insertion indicators

PROGRAMME’S QUALITY ASSURANCE

The Academic Committee of the Master’s programme complies with the SGIC-UC3M and it is responsible for the follow-up, analysis, review, assessment and quality of the program, it contributes with proposals to improve the program and produces the “Memoria Académica de Titulación” (Programme Report).

• Academic Committee

FACULTY AND COURSE PLAN

☛ Curriculum subjects and their faculty

Graduate Profile and Competences

• Graduate profile and competences

Application

The request is made electronically through our application. Before starting the admission process it is important to consult the supporting information that we offer below:

• Documentation to be uploaded with the online application
• Calendar and general information about admission 
• Follow the step-by-step instructions in the application for admission
   

Requirements

The basic requirement for admission to the Master's course is to have obtained or to be about to obtain prior to start of the Master's courses, either an official degree - or  in the case of foreign qualifications, an equivalent  (Degree, Bachelor's degree) - either in Economics or a related discipline.

Admission criteria

In the selection process, the Committee will be based on the following criteria:

For each criterion a grade of 0 to 5 will be allocated (0-insufficient, 1-bad, 2-sufficient, 3- good, 4-excellent, 5-extraordinary). All the applicants will be grouped into three lists:

• Admitted
• On waiting list
• Rejected

Application and selection process

In order to be considered, application forms must be accompanied by the following documents:

• Application Form
• CV of the applicant in the format available online

Reference letters (Optional, not required). Applicants can optionally send one or two reference letters.

Referees should send their reference letters to the address supplied below indicating the name of the applicant and the programme (MEDEG) in the email heading.

• Reference Form
  
  ☛ Letters can be written using the format supplied or any other format.

You should ask the referees to send their reference letters to soporte@postgrado.uc3m.es.

language requirements

Since English is the official language of the programme, a high level of written and spoken English is required. This knowledge can be accredited with the results of an official C1 English diploma (CEFR) including evaluation of the 4 areas: listening, reading, speaking and writing. As a general rule, the following minimum scores for other certificates are required:

• TOEFL (iBT): 95-120
• IELTS: 7.0 - 8.0
• Cambridge ESOL: Certificate in Advanced English (CAE)
• TOIEC (Four skills): 1096 - 1345

The language requirements will not be required to those students whose mother tongue is English or students who have completed their undergraduate studies in English, upon presentation of the relevant documentation.

students with foreign university degrees

Once admitted to the Master’s, students with university degrees issued by a higher education institution belonging to an educational system outside the EHEA, must provide, for enrolment, the diploma, legalized by diplomatic procedures or by means of The Hague Apostille. They must also submit the transcript of records, with the grade point average, duly legalized.

More information about Legalization of Foreign Documents.

If needed, documents must be accompanied by an official sworn translation into Spanish.

TUITION FEES*

Reservation fee: €800

• it will be paid once the student receives notification of admission to the master’s, and deducted from the first tuition payment
• the reservation fee will only be refunded if the master program is cancelled

60 ECTS in the first academic year:

• EU students: €7,800 (€130/ECTS credit)
• Non EU students: €11,700 (€195/ECTS credit)

✎│Tuition fees
 

NOTE: the indicated public prices do not include in any case, neither the ECTS corresponding to the Formative Complements that the student must take (only master's degrees with previous Formative Complements), nor the cost of issuing the master’s degree certificate.

_______

* Current fees for the 24/25 academic year, pending approval by the Community of Madrid for the 25/26 academic year.

Additional information

• You may enrol on the master’s degree after completing the admission process and receiving formal confirmation of your acceptance.
• When performing the enrolment you can choose between Full-time enrolment or Part-time enrolment.
• The email address provided upon enrolment will be used for formal communications; students are therefore kindly requested to check their mail regularly.
• Pursuant to the regulations of the Universidad Carlos III de Madrid, a student failing to pay any part of the fees will not be admitted and the enrolment process will be terminated. In cases of cancellation of enrolment due to non-payment, the University may demand the payment of the pending amounts for enrolment in previous academic courses as a prior condition of enrolment.
  No diploma or certificate will be issued if a student has any outstanding payments.

✎│Enrolment master’s programmes

✎│ECTS credits recognition

Best Practices and Regulations

• Student cohabitation system
• Ethical code
• Enrollment and permanence rules
• Master's degree access rules
• Master's Thesis rules
• Rules for credits recognition

[+] information

There are several job opportunities for Graduates of the Master in Economic Growth and Development:

a) In a private business Specifically:
• Private businesses and financial institutions operating in developing countries and emerging markets, especially although not exclusively in research departments or areas;
• In private research centres concerned with economic development and growth
• In economic research departments of nongovernmental organisations operating in the sphere of economic development
 

b) In Public Administration, specifically:
• In economy ministries, central banks and government agencies in developing countries
• In government agencies of developed countries operating in the sphere of development cooperation
 

c) International bodies, specifically :
• multilateral agencies and organisations concerned with research into problems of economic development and financing, coordination and implementation of economic development projects (International Labour Organisation, United Nations Development Program, World Bank, International Monetary Fund,  Inter American Development Bank,  CEPAL- Economic Commission for Latin America and the Caribbean,  UNESCO, OECD)

d) At Universities and public and private research centres.

By joining the Master in Economic Development and Growth you join a large network of practitioners and academics in the field of development and related studies. Alumni of the Master in Economic Development and Growth have taken jobs in research and consultancy firms, international organizations, government agencies and think tanks. There have been student placements in organizations like the World Bank, United Nation’s World Food Programme, the FAO, the International Labour Office, the UNDP International Policy Centre for Inclusive Growth, the European Bank for Reconstruction and Development, the European Investment Bank, or the Latin American Development Bank. For example, very recently, one of our students has joined the Bangkok office of the United Nations’ Disaster Risk Reduction Division, another student the Decent Rural Employment Team at FAO.

Other students have gained very valuable direct field experience in developing countries by working in the implementation of large surveys or collaborating in research projects in countries like the Philippines, Malaysia, Bolivia, Colombia, Mexico, Brazil, Dominican Republic, Malawi, Rwanda, Ethiopia or Morocco.

A smaller group of students have continued their studies pursuing PhDs at a wide array of universities in Europe and North America, with the more recent cases being the London School of Economics, the School of Oriental and African Studies (SOAS) at the University of London or the  School of Global Studies at the University of Sussex (UK).