The Business and Finance programme at Carlos III University of Madrid is offered by the Business Administration department whose outstanding faculty and commitment to quality instruction and first-class research are a guarantee for incoming students from all over the world.
The two-year Master provides a thorough preparation for the PhD and as such it is considered as the first part of the Doctoral program in Business and Finance. The program consists of this Master, followed by three years of thesis writing (to obtain a Phd in Business and Finance). The Business Administration department is committed to offer financial aid to the best students (over 80% of incoming masters students and 100% of those that pass the Master and continue to the PhD receive support, in the form of tuition waivers and a monthly stipend). In the first year students develop the basic skills and knowledge, while in the second year, the program provides great flexibility to adapt the coursework to your particular research interest.
The program is 100% in English and open to talented and committed students from all over the world without distinctions of race, gender, or religion: more than 80% of our students are from outside Spain.
Students from the Master and PhD programs have found employment in:
You only need to take one of these language tests:
Minimum required score:
The TOEFL iBT ® measures your English-language abilities in an academic setting. The test has four sections (reading, listening, speaking, and writing), each with a score range of 0-30, for a total score range of 0-120. Read more about TOEFL iBT ®.Schedule TOEFL®
Minimum required score:
The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.Schedule IELTS
In general, admission requirements to the program entail possession of a bachelor's degree, or equivalent, with quantitative training in the fields of economics or business administration. Graduates with from programs with strong quantitative requirements (statistics, mathematics, engineering ...) will also be considered.
Access is also open, under the same requirements, to students in possession of a degree obtained under foreign educational systems, once the University verifies that the degree is equivalent to an official Spanish bachelor's degree that gives access to the Master program.
The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.
Universidad Carlos III de Madrid announces a call for financial aid/grants to study University Master’s degrees, earmarked for recruitment of students with proven academic excellence and a research profile. Studying in a Master’s program requires committed and active participants who are passionate about their academic and professional performance
On the one hand, the UC3M offers two types of grants for the study of the University Master's Degree:
The offer is completed with other grants and scholarships that are convened by other important national and international organizations such as the MECD, the Carolina Foundation, ICETEXT or the Community of Madrid
StudyPortals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.
Together with the ISIC Association and British Council IELTS, Studyportals offers you the chance to receive up to £10000 to expand your horizon and study abroad. We want to ultimately encourage you to study abroad in order to experience and explore new countries, cultures and languages.