Highlights
Tuition fee
110 EUR/credit 6600 EUR / year
55 EUR/credit 3300 EUR / year
Unknown
Tuition fee
110 EUR/credit 6600 EUR / year
55 EUR/credit 3300 EUR / year
Unknown
Duration
24 months
Duration
24 months
Apply date
Unknown
Apply date
Unknown
Start date
Unknown
Start date
Unknown
Campus location
Madrid, Spain
Campus location
Madrid, Spain
Taught in
English
Taught in
English

About

Menéndez Pelayo International University (UIMP) and the Centro de Estudios Monetarios y Financieros (CEMFI) have an affiliation agreement whereby CEMFI offers a Graduate Program in Economics and Finance leading to the official degrees of Master in Economics and Finance.

Overview

Overview

  • Courses take place during the first five terms, with three courses per term. Starting in the third term, all courses are elective, which gives students a high degree of flexibility in choosing their preferred areas and in deciding their own degree of specialization. The sixth term is fully devoted to research work on a Master Thesis.

  • The Master in Economics and Finance lasts for two academic years (120 ECTS). Each academic year is divided into three ten-week terms.

  • The Economics and Finance Master from Menéndez Pelayo International University comprises 34 courses. The two preliminary courses take place in September, right before the beginning of the first term. In the first two terms all courses are mandatory (obligatoria). The 24 courses in Module II are all elective (optativa), with the students having to choose nine courses in that module, three in each of the last three terms. Two of the courses are workshops, in which students present and discuss applied and policy papers.

  • The first workshop takes place in the second and third terms, and the second one in the fourth and fifth terms.

  • The sixth term is fully devoted to research work conducive to a Master thesis.

  • The set of training opportunities at the master is completed with a series of  invited lectures short courses, and several series of research seminars organized throughout the academic year.

  • In the summer between the first and the second year students are offered either a summer internship at a private or public institution or to collaborate as a research assistant in a faculty member's

  • The Master Thesis is an original research piece in the field chosen by the student. Each student is assigned an adviser who helps him or her in identifying a suitable research topic and oversees the whole process. The Master Thesis defense takes place in a public session.

Programme Structure

Courses include: 
  • Preliminary Mathematics
  • Preliminary Statistics
  • Mathematics
  • Microeconomics
  • Econometrics
  • Industrial Economics

Key information

Duration

  • Full-time
    • 24 months

Start dates & application deadlines

Language

English

Credits

120 ECTS

Delivered

On Campus

Campus Location

  • Madrid, Spain

What students do after studying

Join for free or log in to access our complete career info list.

Academic requirements

We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.

English requirements

We are not aware of any English requirements for this programme.

Other requirements

General requirements

  • Access with an official Spanish university degree or from the European Higher Education Area (EHEA) : Admission to the Master's Degree in Economics and Finance requires possession of an official Spanish university degree or another issued by a higher education institution belonging to another State belonging to the EHEA that qualifies, in the country issuing the degree, for access to Master's level studies, with special preference for graduates in Economics, Business Administration, Engineering, Mathematics or Physics.

  • Admission with a university degree from outside the EHEA : Graduates from educational systems outside the EHEA may be admitted without the need for official recognition of their degrees, provided they demonstrate a level of education equivalent to the corresponding official Spanish university degrees and that they qualify for postgraduate studies in the country where the degree was awarded. 

Student Insurance via Studyportals Partner

Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items like Additional medical costs, Repatriation, Liability etc. Make sure your student insurance covers your needs.

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Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at Menéndez Pelayo International University and/or in Spain, please visit Student Insurance Portal.

Tuition Fees

Tuition fees are shown in and the most likely applicable fee is shown based on your nationality.
  • International

    Non-residents
    6600 EUR / year
    6600 EUR / year
  • EU/EEA

    EU/EEA Nationals
    3300 EUR / year
    3300 EUR / year

Living costs

Madrid

Spain
745 - 1260 EUR / month

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

In order for us to give you accurate scholarship information, we ask that you please confirm a few details and create an account with us.

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Scholarships Information

Below you will find Master's scholarship opportunities for Economics and Finance.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

Independent provider
Grant
Various benefits
Deadline
07 Oct 2026
Fulbright U.S. Student Program

Read more about eligibility

U.S. government
Location not available
Independent provider
Grant
33600 EUR
Deadline
01 Jul 2026
Mundus MAPP EMJM Scholarship
Merit-based

Read more about eligibility

Mundus MAPP
Location not available
Independent provider
Grant
Various benefits
Deadline
Anytime
Summer courses of Lectures for Institutes of Languages from the University
Merit-based

Read more about eligibility

OeAD, Austria's Agency for Education and Internationalisation
Location not available
Independent provider
Grant
24000 USD
Deadline
Not specified
Becas Fulbright - Realización De Master

Read more about eligibility

Education USA
Location not available
Independent provider
Grant
1000 USD
Deadline
30 Nov 2026
ServiceScape Scholarship

Read more about eligibility

ServiceScape
Location not available
Independent provider
Grant
3500 USD
Deadline
15 Nov 2026
ACES Scholarships

Read more about eligibility

ACES Education Fund
Location not available
Independent provider
Grant
Various benefits
Deadline
15 Sep 2026
Scholarships for university studies and other higher studies

Read more about eligibility

Basque Government
Location not available
Independent provider
Grant
3000 USD
Deadline
30 Jun 2026
Moving Mates Scholarship
Need-based

Read more about eligibility

Moving Mates
Location not available
Independent provider
Grant
2000 USD
Deadline
01 Sep 2026
The Rick Blight Leadership in Action Scholarship for Athletes
Merit-based

Read more about eligibility

Canadian Men’s Health Foundation
Location not available
Independent provider
Grant
Various benefits
Deadline
Not specified
Erasmus+ - Grants for study mobility
Merit-based

Read more about eligibility

OeAD, Austria's Agency for Education and Internationalisation
Location not available
Independent provider
Grant
1500 USD
Deadline
15 Sep 2026
Headway’s Book Lovers Scholarship
Merit-based

Read more about eligibility

Headway
Location not available
Independent provider
Grant
Various benefits
Deadline
Not specified
Queen Elizabeth Commonwealth Scholarships

Read more about eligibility

ACU (The Association of Commonweath Universities)
Location not available
Independent provider
Grant
1550 EUR
Deadline
31 Oct 2026
ELES-Scholarship (Ernst-Ludwig-Ehrlich-Studienwerk)

Read more about eligibility

Austria’s Agency for Education and Internationalisation
Location not available
Independent provider
Grant
5000 EUR
Deadline
15 May 2026
Study a Master's in Europe Scholarship
Merit-based

Read more about eligibility

educations.com
Location not available
Independent provider
Grant
1000 USD
Deadline
06 Jul 2026
Jewish Heritage Scholarship
Merit-based

Read more about eligibility

Diamant Gerstein
Location not available
Independent provider
Grant
5000 USD
Deadline
28 Aug 2026
Women Scholarship for International Students
Merit-based

Read more about eligibility

educations.com
Location not available
Independent provider
Grant
5000 SEK
Deadline
30 Apr 2026
Kreditkortlistan Financial Scholarship
Merit-based

Read more about eligibility

Enkla Media - Kreditkortlistan
Location not available
Independent provider
Grant
1000 USD
Deadline
31 Oct 2026
$1,500 Annual Video Contest Scholarship
Merit-based

Read more about eligibility

IvyPanda
Location not available
Independent provider
Grant
500 USD
Deadline
31 Oct 2026
CryptoRunner Scholarship

Read more about eligibility

CryptoRunner
Location not available
Independent provider
Grant
3500 USD
Deadline
15 Nov 2026
The Bill Walsh Scholarship
Merit-based

Read more about eligibility

ACES: The Society for Editing
Location not available
Independent provider
Grant
25000 USD
Deadline
30 Apr 2026
Atlas Shrugged Essay Contest

Read more about eligibility

Ayn Rand Institute
Location not available
Independent provider
Grant
5000 CAD
Deadline
31 Dec 2026
Pinsky Law New Venture Development Scholarship
Merit-based

Read more about eligibility

Pinsky Law
Location not available
Independent provider
Grant
1000 USD
Deadline
13 Jul 2026
Dream Chaser Scholarship
Merit-based

Read more about eligibility

Salvado Law
Location not available
Independent provider
Grant
7000 USD
Deadline
24 Apr 2026
Go Global MBA Scholarship
Merit-based

Read more about eligibility

educations.com
Location not available
Independent provider
Grant
1500 USD
Deadline
15 May 2026
Study Abroad Scholarship Program - Diversity Scholarship
Merit-based

Read more about eligibility

Spanish Studies Abroad
Location not available
Independent provider
Grant
10000 USD
Deadline
02 Feb 2027
Ritchie-Jennings Memorial Scholarship Program

Read more about eligibility

Association of Certified Fraud Examiners (ACFE)
Location not available
Independent provider
Grant
10000 USD
Deadline
Not specified
The Education for Sustainable Energy Development (ESED) scholarship
Merit-based

Read more about eligibility

Global Sustainable Electricity Partnership
Location not available
Independent provider
Grant
3000 USD
Deadline
31 Dec 2026
Scholarship for students with disabilities
Need-based

Read more about eligibility

Anonymous Hope Fund
Location not available
Independent provider
Grant
Various benefits
Deadline
31 Dec 2026
Grants of the Leopold Figl Foundation for students with residence in Lower Austria
Need-based

Read more about eligibility

Leopold Figl Foundation
Location not available
Independent provider
Grant
Various benefits
Deadline
31 Oct 2026
Kreditkortsval's Scholarship Program for Economics Students

Read more about eligibility

Kreditkortsval
Location not available
Independent provider
Grant
1500 USD
Deadline
15 May 2026
Study Abroad Spanish Heritage Speaker Scholarship
Merit-based

Read more about eligibility

Spanish Studies Abroad Alumni Scholar Fund
Location not available
Independent provider
Grant
1000 USD
Deadline
31 Aug 2026
Florida Rentals Annual Dream Vacation Scholarship

Read more about eligibility

Florida Rentals
Location not available
Independent provider
Grant
1000 USD
Deadline
30 Jun 2026
$1,500 Annual Students’ Presentation Crafting Scholarship

Read more about eligibility

IvyPanda
Location not available
Independent provider
Grant
55 GBP
Deadline
18 Jun 2026
IELTS Morgan Terry Memorial IATEFL Scholarship
Merit-based

Read more about eligibility

IELTS from 6 to 9
Location not available
Independent provider
Grant
1500 USD
Deadline
Not specified
The Annual IELTS from 6 to 9 Scholarship

Read more about eligibility

IELTS from 6 to 9
Location not available
Independent provider
Grant
12000 USD
Deadline
11 Jan 2027
Tobacco Harm Reduction Scholarship Programme

Read more about eligibility

The Tobacco Harm Reduction Scholarship Programme
Location not available
Independent provider
Grant
1000 USD
Deadline
20 May 2026
PlagiarismSearch Essay Contest
Merit-based

Read more about eligibility

PlagiarismSearch
Location not available
Independent provider
Grant
Various benefits
Deadline
Not specified
Erasmus Mundus Joint Masters scholarships

Read more about eligibility

European Commission
Location not available
Independent provider
Grant
965 USD
Deadline
Anytime
Dr. Martin Blank – SYB Scholarship
Merit-based

Read more about eligibility

Shield Your Body
Location not available
Independent provider
Grant
2000 USD
Deadline
31 Jul 2026
The MyUS Community Scholarship

Read more about eligibility

MyUS
Location not available
Independent provider
Grant
3000 USD
Deadline
Not specified
AAPG Foundation Grants-in-Aid

Read more about eligibility

American Association of Petroleum Geologists Foundation
Location not available

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