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Master in Management

Graduate School of Business

Professor Eduardo Melero
Kurt Achiel Desender
Madrid - Puerta de Toledo


Business Administration


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    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.


    Discover Master in Management


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    Estudiantes - Master in Management

    reasons to study master in Management


    • ☛ 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)


    Link button to more information page of the master


    The Master in Management is an official master program 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 program. After acquiring the basic management knowledge and competences, students can tailor the program's curriculum according to their career plans by choosing their preferred elective courses 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, Statistics, and Essentials of Business that are important for a successful completion of the program​.

    C= Compulsory : 36 ECTS

    E= Elective Course: 18 ECTS

    Master's Thesis: 6 ECTS

    (*) 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.



    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 an international group of young professors who are able to deliver one of the best business educations in Spain and Europe. 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.


    • ALI , AYFER
      Department of Business Administration
      Assistant Professor
      Ph.D. in Health Policy/Management - Harvard University
      Department of Mechanical Engineering (Business Administration)
      Full Professor
      Ph.D. in Economics and Business Sciences - Universidad Autónoma Madrid
      Department of Business Administration
      Full Professor
      Ph.D in Economics and Business Sciences - Universidad Autónoma Madrid
      Department of Business Administration
      Assistant Professor
      Ph.D. in Management - ESADE
      Department of Business Administration
      Associate Professor
      Ph.D. in Economics and Business Sciences - Universidad Autónoma Madrid
      Department of Business Administration
      Assistant Professor
      Ph.D. in Economics, Management and Organization - Universidad Autónoma de Barcelona
      Department of Business Administration
      Associate Professor
      Ph.D. in Business Administration and Management - Bocconi University
      Department of Business Administration
      Assistant Professor
      Ph.D. in Economics - Cornell University
      Department of Business Administration
      Assistant Professor
      Ph.D. in Management - HEC Paris
      Department of Business Administration
      Associate Professor
      Ph.D. in Management - Universitat Pompeu Fabra
      Department of Business Administration
      Associate Professor
      Ph.D. in Management - Universitat Pompeu Fabra
      Department of Business Administration
      Assistant Professor
      Ph.D in Science, Techonology and Innovation Management - University of Manchester
      Department of Business Administration
      Associate Professor
      Ph.D. in Business Administration - Universidad Autónoma de Barcelona
      Department of Mechanical Engineering (Business Administration)
      Assistant Professor
      Ph.D. in Business Management - Universidad Carlos III de Madrid
      Department of Business Administration
      Assistant Professor
      Ph.D. in Economics - University of Toulouse
      Department of Statistics and Econometrics
      Associate Professor
      Ph.D in Industrial Engineering - Universidad Politécnica de Madrid



      Department of Economic Analysis II, Universidad Complutense de Madrid
      Associate Professor
      Ph.D in Economics and Management of Innovation and Technology Policy
      Head of the Department of Digital Transformation
      Social Research Consultor.
      Ph.D in Sociology
      Chief Financial Officer



    Places available: 60



    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 program.

    Priority will be given to applicants whose Bachelor’s studies are related to the contents of the Master’s program: 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:

    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 degree 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 from Business/Economics with the official grade). In addition, we required students with a backgrounds different from Business/Economics to complete the pre-master summer program.


    English language

    As English is the official language of the program, a high level of written and oral English skills is required. To validate your level of English, you must provide the results of English tests like TOEFL, the British Council International English Language Testing System (IELTS), Universidad Carlos III de Madrid English Certificate, or Cambridge ESOL. Through a personal interview, you will also have the opportunity to demonstrate a sufficient level of English. As a general guideline, the following minimum scores are required:

    •  TOEFL (hard-copy exam): score of 550
    •  TOEFL (Internet exam): score of 79
    •  IELTS: average score of 7.0
    •  Cambridge ESOL: Certificate in Advanced English (CAE)
    •  Common European Framework (Languages): C1 level

    Students whose native language is English and students who have completed their Bachelor university studies in English will have the English test requirement waived, upon presentation of the corresponding documentation.


    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 AMBA accredited 11-month Master in Business Administration (MBA) program.



    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)


    Admission Criteria

    Regarding the admission decision, the Academic Committee of the master 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.

    Foreign students

    Once admitted to the Master, foreign students with university degree issued by a higher education institution belonging to an educational system outside the EEES, must present, for enrollment, the diploma attesting equivalent training that allows access to postgraduate studies, legalized by diplomatic procedures, or “The Hague Convention Apostille”. More information about Legalization of Documents.

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



    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:


    UC3M Scholarships for the Year 2017/2018 *

    For the academic year 2017-18 has been published a call for a maximum of 11 grants for payment of the net enrollment rates for students accepted into the Master, with the following provision:

    • 5 grants of € 1,500
    • 3 grants of € 3,000
    • 3 grants of € 4,500

    Application deadline: 31st May 2017.

    Two possible resolutions: March and June 2017.

    The number of grants and amounts specified in the Annex to the notice, 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.

    » Financial aid/scholarships for tuition offered by School of Graduate Studies

    » Electronic Bulletin of the UC3M (BOEL)

    General Information about grants and scholarships

    You can find more information about scholarships of UC3M and other agencies or entities.

    Financial aid/scholarships for graduate programs

    Career Services

    University's Foundation (Fundación Universidad Carlos III) holds a careers service ( UC3M Guidance&Employment) which orientates, informs and helps graduates to get through the labour market.


      Academic Calendar

      Academic Calendar 2016/17

      Academic Calendar 2017/18


      Program course schedule

      Direct access to timetable

      Course 2017/18: MiM classes will be scheduled during the morning hours.


      Exam Schedule

      Direct access to exams schedule


      Program price

      course 2017/18*

      • Place Reservation: 1.500€ (It will be paid once the student receives notification of admission to the master, and deducted from the first tuition payment)

      60 ECTS in the first academic year:

      • EU students: 9.000€ (150€ / ECTS)
      • Non-EU students: 13.500 € (225€/ECTS credit)


         *Pending approval by the Community of Madrid for the course 17/18


      ◢  More information about masters prices

      Additional information

      • You can register for the Master’s degree program when you have finished the application admission process and you have received your acceptance.
      • When performing the enrollment you can choose between Full-time enrollment or Part-time enrollment.
      • The email address which the University provides to the student upon enrollment is an important channel for communications within the University. For this reason, it is essential that it be periodically consulted.
      • Failure to pay tuition entails the rejection or cancellation of a student’s enrollment according to the terms established by the University. In cases of cancellation of enrollment due to failure to pay, the University can demand payment of sums pending for enrollment in previous academic courses as a prior condition to enrollment in the MiM.
        The University will not issue a diploma or certificate when a student has payments of any kind pending.
      • All students will receive a Carlos III University student ID card which 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.

      General information for enrollment in official Master’s degrees

      Information about credits recognition


      Quality Assurance

      The Academic Committee of the Master complies with the SGIC of Universidad Carlos III de Madrid and it is responsible for the quality analysis of the program, it contributes with proposals to improve the program and produces the “Memoria Académica de Titulación”.

      Graduate Profile and Competences

      System of complaints and / or suggestions

      Claims, complaints and suggestions received and channeled through the Academic Committee of Quality, so that it is directly informed of all matters related to the quality of qualifications. The seat of that committee are reviewed and processed in accordance with established work schedules and noting in the reports of these committees.

      Furthermore, claims, complaints and suggestions can be made outside the scope of the degree by presenting on paper, through the Registry, and also through the electronic mailboxes (OPINA System) found on the website of the degrees. All questions received, transfer is given to units or services concerned in order to reverse this information to improve the quality offered by the University.

      Also through the University Ombudsman that ensures the protection of the rights, freedoms and interests of all members of the university community, against any violation of the current legislation by the services and bodies of the University.



      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.


      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.


    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:


    University Logos Master Marketing


    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.



    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: 3,950 € (131.66 €/ 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.



    Call European Mobility Master UC3M