Graduate School of Business
- Direction
- Prof. Eduardo Melero
- Deputy Direction
- Prof. Kurt Achiel Desender
- Language
- English
- Attendance
- On-campus
- Credits
- 60
- Campus
- Madrid - Puerta de Toledo
- Applications
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☛ Places available: 60
- Departments
- Business Administration Department
CONTACT
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APPLICATION FOR ADMISSION
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- Inicio
The Master in Management (MiM) at Universidad Carlos III de Madrid is a one-year program designed to deliver management skills and knowledge to young graduates from a wide range of backgrounds and with little experience in the business world.
The Master of Management is taught at the University's Graduate School, located in Madrid city center's Puerta de Toledo campus. Students are provided with a rigorous, multicultural learning experience focused on real, modern-day management issues while having the opportunity to get in-depth knowledge of cross-functional areas.
As a unique feature of this Master, students can tailor the program's curriculum according to their career plans by choosing their preferred elective courses.
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The Master in Management is ranked 35th worldwide according to the FT Ranking 2023: Masters in Management 2023.
🎥 │8 reasons to enroll in the uc3m Master in Management
│MASTER IN NUMBERS
- ☛ 85% of our graduates obtain jobs within 3 months after graduation
- ☛ 60% of our students and 40% of our professors are international.
- ☛ Students from 18 different countries (2016/17 class)
- ☛ 1st Spanish public business school (4 palmes), according to Eduniversal Business Schools Ranking
- ☛ Ranked 1st among Spanish public business schools in the areas of Business and Management (2015 QS World University Ranking)
- CURRICULUM
- CURRICULUM
The Master in Management is an official master programme adapted to the European Higher Education Area. The study plan consists of a single academic year, with a total workload of 60 ECTS credits, divided into two terms, plus a pre-master’s programme lasting 3 weeks and taking place in September. After acquiring the basic management knowledge and competences, students can tailor the programme's curriculum according to their career plans by choosing their preferred track in the second term.
- The pre-master’s is an intensive 3-weeks program before the beginning of the academic year (at the outset of September), designed for students with an academic background outside the Economics/Business field to go over the basics in Accounting, Finance, Business, and other essential topics of Business Administration.
Year 1 - Semester 1
General subjects Subjects ECTS TYPE Language Strategy 6 C Marketing Management 6 C Quantitative Methods for Management 6 C Accounting for Management 3 C Finance for Management 3 C Firms & Industries 3 C Organizational Behavior 3 C Year 1 - Semester 2
General subjects Subjects ECTS TYPE Language Corporate Governance 3 C Managing People 3 C ELECTIVES Subjects ECTS TYPE Language Leadership 3 E Supply Chain Management 3 E Internships ** 6 E vacio TRACK 1: INTERNATIONAL MANAGEMENT Subjects ECTS TYPE Language International Management 3 E Implementation of Global Strategies 3 E International Human Resource Management 3 E International Finances 3 E TRACK 2: INNOVATION MANAGEMENT Subjects ECTS TYPE Language Innovation Management 3 E Advanced topics in Innovation Strategy 3 E Entrepreneurship 3 E Managing Start-Ups 3 E MASTER'S THESIS Subjects ECTS TYPE Language Final Masters Project 6 C vacio C) Compulsory: 36 ECTS
E) Elective Course: 18 ECTS *
TFM) Final Master's Project: 6 ECTS
- Each suggested track covers 12 of the 18 elective credits of the Master's degree. The remaining elective credits can be completed with a selection from the rest of elective courses, including those belonging to the alternative track.
- Students will also be allowed to design their own hybrid track if they wish to do so.
* Elective courses will only be offered if there is a minimum of 10 students definitely registered on them.
** The Internships elective course shall be included in the registration of the student after the approval of the Internship offer by the Academic Committee of the program, throughout the 1st or the 2nd term of the program.
course Programs
- QUALITY
General Course Information
☛ First year offered: 2011
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).
FACULTY AND COURSE PLAN
Graduate Profile and Competences
- CURRICULUM
- FACULTY
Composed of a team of permanent professors and industry professionals, the Master in Management faculty is an exceptional team of experts who blend academic excellence and industry experience.
Our faculty is a group of young professors with international experience who are able to deliver one of the best business educations worldwide. The Master in Management benefits from the outstanding, hand-picked faculty of the UC3M Department of Business Administration, known for its scientific state of mind, its constant contribution to creating knowledge and its high-level ability to stimulate and convey knowledge.
UC3M FACULTY
- BONACHE, JAIME
Department of Business Administration
Full Professor
Ph.D. in Economics and Business Sciences - Universidad Autónoma Madrid
Brief CV
- CAMINO, DAVID
Department of Business Administration
Full Professor
Ph.D in Economics and Business Sciences - Universidad Autónoma Madrid
Brief CV
- CERVIÑO FERNÁNDEZ, JULIO
Department of Business Administration
Associate Professor
Ph.D. in Economics and Business Sciences - Universidad Autónoma Madrid
Brief CV
- DESENDER, KURT
Department of Business Administration
Assistant Professor
Ph.D. in Economics, Management and Organization - Universidad Autónoma de Barcelona
Brief CV
- DIAS, SAMIRA
Department of Business Administration
Associate Professor
Ph.D. in Business Administration and Management - Bocconi University
Brief CV
- DOBRAJSKA, MAGDALENA
Department of Business Administration
Assistant Professor
Ph.D. in Business Administration - University of Southern Denmark
- GUO, BING
Department of Business Administration
Associate Professor
PhD in Economics - Universitat Autònoma de Barcelona
Brief CV
- MELERO, EDUARDO
Department of Business Administration
Associate Professor
Ph.D. in Management - Universitat Pompeu Fabra
Brief CV
- MÉRIDA, ADRIÁN
Department of Business Administration
Assistant Profesor
PhD in Economics & Management - Copenhagen Business School
Brief CV
- PALOMERAS, NEUS
Department of Business Administration
Associate Professor
Ph.D. in Management - Universitat Pompeu Fabra
Brief CV
- PARASKEVOPOULOU, EVITA
Department of Business Administration
Associate Professor
Ph.D in Science, Techonology and Innovation Management - University of Manchester
Brief CV
- SÁNCHEZ BUENO, MARÍA JOSÉ
Department of Business Administration
Associate Professor
Ph.D. in Management - Universidad de Salamanca
Brief CV
- SERRANO, PEDRO
Department of Business Administration
Associate Professor
PhD in Quantitative Finance - Universidad del Pais Vasco
Brief CV
- STIRPE, LUIGI
Department of Business Administration
Associate Professor
Ph.D. in Business Management - Universidad Carlos III de Madrid
Brief CV
- TOLDRÁ, ANNA
Department of Business Administration
Associate Professor
PhD in Economics - University of Toulouse
Brief CV
- VICENTE, SERGIO
Department of Business Administration
Assistant Professor
Ph.D. in Economics - New York University
Brief CV
- VILLAGARCIA CASLA, TERESA
Department of Statistics and Econometrics
Associate Professor
Ph.D in Industrial Engineering - Universidad Politécnica de Madrid
Brief CV
EXTERNAL FACULTY
- BAXTER, EOIN
FCCA Fellow of the Chartered Association of Certified Accountants (of Britain and Ireland)
BAXTER BUSINESS SERVICES
- MORENO, ARTURO
MBA, MIT Sloan School of Management
- PÉREZ ZAPATA, OSCAR
Social Research Consultor.
Ph.D in Sociology
DUBITAIRE
- BONACHE, JAIME
- ADMISSION
- ADMISSION
Application
The request must be submitted electronically through our application system. Before beginning the admission process, please read the following information:
Requirements
Bachelor’s degree
Foreign applicants must possess an equivalent degree (three or more years of university studies) from an official university. Students in the last year of their Bachelor’s studies may also apply for admission; their application will be considered upon confirmation of the completion of their Bachelor’s programme.
Priority will be given to applicants whose Bachelor’s studies are related to the contents of the Master’s programme: business administration and management, economics, marketing or finance. However, outstanding, highly-motivated students from other disciplines have also been admitted in past editions. The next figure portrays the distribution of students according to their background in the last four years:
We ask applicants with an academic background that is different from Business/Economics to motivate their intention to pursue a Master in Management and to provide evidence of Business/Economics knowledge (e.g., the results of the Graduate Record Examination (GRE) or Graduate Management Admission Test (GMAT), a complete list of the courses taken on Business/Economics with the official grade). In addition, we require students with a background different from Business/Economics to complete the pre-master’s summer program.Professional Experience
While we value professional experience, we recommend applicants who can demonstrate more than three years of relevant post-bachelor professional experience to consider applying for our Master in Business Administration (MBA) program.
Admission criteria
Regarding the admission decision, the Academic Committee of the master’s will evaluate your resume, transcript and motivation letter and make their admission decision based on these documents and an interview. Professional experience is not required.
Applicants who meet all the requirements will be admitted in waves, without having to wait for the admission period to close. Applications will be accepted until September 20.
Visa applicants are strongly advised to apply at least 2 months before the start date to allow minimum time to complete the admission process.
Documentation
Your application will be considered complete only when the following documents are uploaded to the online application system:
- Admission form Management
- CV
- Statement of Purpose
- Two reference letters
- Official transcripts (In English or in Spanish)
- Official Degree (If you have not yet completed your degree, please submit a document stamped by your university stating clearly the EXPECTED finishing date).
- TOEFL scores, or equivalent.
- GRE or GMAT scores (recommended)
Students coming from outside the European Higher Education Area must provide their diplomas legalized by diplomatic procedures or by means of The Hague Apostille.
language requirements
Since English is the official language of the programme, a high level of English is required. Fluent oral and written skills in English must be accredited with the results of an official English diploma such as TOEFL, The British Council IELTS (International English Language Testing System) or the tests carried out by the Language Services of Universidad Carlos III de Madrid, applicants may also demonstrate it with Cambridge ESOL Examinations. This knowledge will be tested during the personal interview. As a general rule, the following minimum scores are required:
- CERF: B2.
- TOEFL (iBT): 85.
- IELTS: global average 6.5.
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 program, students holding a university degree from a higher education institution outside the EHEA must provide the diploma, legalized through diplomatic procedures or by The Hague Apostille, for enrollment. They must also submit their transcript of records, including 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.
- ENROLLMENT
TUITION FEES*
Reservation fee: €1,500
- 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: €9,000 (€150/ECTS credit)
- Non EU students: €13,500 (€225/ECTS credit)
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.
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* 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. Students are advised against enrolling the Master in Management part-time.
- 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 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 in the MiM.
No diploma or certificate will be issued if a student has any outstanding payments. - All students will receive a University student ID card that will provide access to the Library, Student Residence Hall and University sports facilities.
- The University does not offer health insurance to its students. Each student must arrange a contract with an insurance company of their choice. This can be done in the country of origin or in Spain.
- The University does not directly provide accommodation for our students. However, the International Relations and Cooperation Office offers information to international students about university dormitories and other types of accommodation such as sharing flats with other students.
- Because of legal requirements, the expedition of degree diplomas and certificates is conditional upon the payments of all monies owed to the University.
- ADMISSION
- SCHOLARSHIPS
UC3M SCHOLARSHIPS FOR ACADEMIC YEAR 2025/2026
CALL AM01-25/26* │ OPEN
For the academic year 2025-2026 a call has been published for a maximum of 10 scholarships for payment of the net enrolment fees for students accepted into the Master’s, with the following provision:
- 10 scholarships for the sum of €4,500, €3,000, or €1,500 (on the basis of the applications submitted)
To apply, you must have completed the application for admission to the Master’s.
Application deadline: May 31, 2025
Partial resolutions:
- first partial resolution: from February 21, 2025
- second partial resolution: from April 27, 2025
- third and final resolution: from June 20, 2025
* The number of grants and amounts specified in the call, may vary depending on the conditions of the candidates who apply to them, can be even deserted as assessed by the Selection Committee for each program.
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General information on scholarships
For more information on specific scholarships of interest, awarded by the Universidad Carlos III de Madrid as well as other agencies or organizations, please refer here:
- PRACTICAL INFORMATION
- Inicio
MASTER’S COURSE SCHEDULE
VIRTUAL SECRETARIAT
Material Resources of the programme
- INTERNSHIP
Internship
The Extension Internship Program allows post-grad’s students to work in the company in which they have interned or are still interning for an extended period after finishing their Master’s.
Procedure
Interested students must request admission to the Internship Extension to the Master’s direction. After being admitted in the program, the student should pay an enrolment application to Universidad Carlos III.
- Inicio
- INTERNATIONAL
International Complement
The Master in Management offers students the possibility of extending their curriculum in some prestigious European universities and Baruch College, New York, with which the Universidad Carlos III has agreements integrated in the Lifelong Learning program: Higher Education (ERASMUS). Currently we have, under the terms and conditions of the Erasmus Program, student exchange agreements with:
Extended Curriculum
The International Complement of the Master in Management is a 6-month program placed at the end of the regular Master’s program that allows outstanding students to complete an extra 30 ECTS credits in any of the universities with which we have exchange agreements.
This extension is conceived in order to prepare students to:
- Broaden their horizons by exploring different national environments
- Strength their skills to live and work in another country
- Explore different views of management
- Complement their education in other topics of management, choosing among a wide range of subjects at the host university
- Develop their language skills
- Improve their capabilities to work with people from diverse cultures
- Experience alternative pedagogical methodologies for learning management
Official recognition
At the end of this program extension, students will receive formal recognition for their academic study period abroad in the transcript of records and in the degree certificate.
Admission
Interested students must request admission to the International Complement program to the Master’s direction at the end of the first term. The admission to the program will be decided by the Master’s direction on the basis of the academic excellence, as measured in terms of the average mark of the first term of the regular master program. There are a maximum of 4 places available.
After being admitted into the International Complement program, the enrolment application and fees for any subject in our partner universities will be managed directly from Universidad Carlos III.
Program Fees are: 4,500 € (150 €/ ECTS credit) for EU students; 6,750 € (250€/ ECTS credit) for Non EU students.
The University will offer scholarships for all the students admitted to the program. Two scholarships will be for the 50% of the fee and two for the 30% of the fee. This fee reduction will be awarded on the basis of academic excellence/record within the Master’s.
Mobility