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Master in Accounting

Graduate School of Business

Prof. Mónica López-Puertas Lamy
Deputy Direction
Prof. Kurt Desender
Madrid - Puerta de Toledo


☛ Places available: 40

Business Administration


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    The Master in Accounting at Universidad Carlos III de Madrid is a one-year full-time official programme designed to provide high quality graduate education in an area that offers excellent professional opportunities at the national and international level. The master is taught entirely in English and it is aimed at recent graduates and junior professionals who wish to acquire a realistic, practical and professional perspective of Accounting and develop their professional or academic career in this area.

    The Master in Accounting is taught at the University's Graduate School, located in Madrid city center's Puerta de Toledo campus. The relative small, yet extremely diverse, group of students in the master, offers an environment that stimulates rigorous, multicultural learning and encourages independent thinking and critical analysis of accounting issues in a complex business environment

    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. The university also provides students with the option of extra-curricular Spanish training so that all students can learn or improve their working knowledge of one of the leading languages in the world.

    Calculadora - Master en Contabilidad

    Reasons to study Master in Accounting


    • ☛ 1st Spanish Public University AACSB accredited
    • ☛ Best Spanish Public Business School(4 Palmes of Excellence), according to Eduniversal Business Schools Ranking
    • ☛ 1st Accounting program to be offered entirely in English by any Spanish Public University
    • A limited number of places offered to enhance the learning experience
    • ☛ UC3M is ranked 22 in the QS Ranking Top 50 Under 50, which ranks the 50 best young universities in the world

      The syllabus of the Master is structured around 9 central topics, linked to the different areas of expertise within accounting. The program is taught over an 11-month period and it is organized in four 7-week terms.

      The 60 ECTS program consists of compulsory (42 ECTS) and elective courses (12 ECTS) plus an End-of-Master project (6 ECTS) where the student specializes in a particular topic under the guidance of one of our academic experts. The elective courses are designed so that students can specialize in the particular aspects of accounting or related areas that are best suited to enhance his/her career.

      Syllabus content


      Financial Accounting
      Management Accounting
      Financial Statement Analysis and Business Valuation
      Corporate Governance, Corporate Social Responsibility, Ethics and Professional Skills
      Corporate Finance
      Strategy and People
      International Corporate Taxation
      Master's Thesis

      Course 1 - Semester 1

      1st. Term
      Financial Accounting: IFRS I6CEnglish
      Management Accounting I3CEnglish
      Auditing I3CEnglish
      Corporate Governance3CEnglish
      2nd. Term
      Financial Accounting: IFRS II6CEnglish
      Management Accounting II3CEnglish
      Auditing II3CEnglish
      Corporate Social Responsibility, Ethics and Professional Skills3CEnglish

      Course 1 - Semester 2

      3rd. Term
      Financial Reporting in Complex Entities6CEnglish
      Financial Statements Analysis3CEnglish
      Choose two from the following*
      Advanced Management Accounting3EEnglish
      Corporate Finance3EEnglish
      Seminar Series in Auditing3EEnglish
      International Corporate Taxation3EEnglish
      Risk Management and Reporting3EEnglish
      4th. Term
      Security Valuation Methods3CEnglish
      Choose two from the following*
      Seminar series in Data Analytics in Auditing3EEnglish
      Politics and Economics of Accounting3EEnglish
      Corporate Strategy3EEnglish
      Management Skills and Leadership3EEnglish
      Advanced Corporate Finance3EEnglish
      Business Applications of Big Data3EEnglish
      Final Master's Project
      Master's Thesis6C

      * Elective courses will only be offered if there is a minimum of 10 students registered on them

      C) Compulsory: 42 ECTS

      E) Elective Course: 12 ECTS

      TFM) Master's Thesis: 6 ECTS


      General Information about Master

      ☛ Implantation year:

      Quality Assurance

      The Academic Committee of the Master complies with the SGIC-UC3M 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”.​


    Composed of a team of permanent professors and industry professionals, the Master in Accounting 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 Accouting benefits from the outstanding 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.



      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:


      Admission will be decided by the Master Academic Committee.

      Priority will be given to applicants whose Bachelor’s studies are related to Finance and Accounting, Economics, Business Administration, or in Statistics, Mathematics, Physics and Engineering. Applicants should have a strong desire to develop their career in the accounting or auditing profession. However, outstanding, highly-motivated students from other disciplines, with a quantitative focus, may also be considered, on a case by case basis.

      Students in the last year of their Bachelor’s studies may also apply for admission; their application will be considered upon confirmation that they have successfully completed their Bachelor’s program.

      If necessary, the Academic Committee will establish the appropriate basic training to access the Master according to the admission profiles.



      Admission will be decided by the Master Academic Committee. Candidate selection will be done on the basis of the following criteria:

      Academic Excellence 60 points
      Languages (English and other Languages)* 5 points
      Professional Experience 10 points
      Motivation and recommendation letters 20 points
      Other skills and experiences 5 points

      * Minimum Level of English required: B2.

      Admission Profile

      The student profile of this Master in Accounting is any individual with a Bachelor or Degree in Finance and Accounting, Economics, Business Administration, or in Statistics, Mathematics, Physics or Engineering with a strong desire to develop their career in the accounting or auditing profession. It must be a person with intellectual curiosity, knowledge of English, and quantitative skills.

      Students that are admitted to the program may be required, depending on their academic background and experience, to go through a carefully selected list of self-study material before the start of the master. This preparatory material is intended to guarantee that all students, with independence of their academic background, share a good understanding of the basic accounting concepts that are essential to start the master program.

      Language requirements

      Check the language requirements of the generic language required to study for a Master at UC3M, depending on whether it is in Spanish, English or bilingual.

      students with foreign university degrees

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

      More information about Legalization of Documents.

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


      FEES *

      2019-2020 Academic year


      • Reservation fee: €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 credit)
      • Non EU students: €13,500 (€225/ECTS credit)

      * Pending approval by the Community of Madrid for 2019/2020


      ✎│Programs fees

      NOTE: The enrollment fees do not include the cost of issuing the master's degree certificate.

      Additional information

      • You may enroll on the master’s degree after completing the admission process and receiving formal confirmation of your acceptance.
      • When performing the enrollment you can choose between  Full-time enrollment or Part-time enrollment.
      • The email address provided upon enrollment 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 erollment proecess will be terminated. In cases of cancellation of enrollment due to non-payment, the University may demand the payment of the pending amounts for enrollment in previous academic courses as a prior condition of enrollment.
        No diploma or certificate will be issued if a student has any outstanding payments.

      ✎ Enrollment master's programs

      ✎ ECTS credits recognition


    UC3M Scholarships for the Year 2019/2020 *

    CALL AM01-19/20

    For the academic year 2019-20 has been published a call for a maximum of 6 grants for payment of the net enrollment rates for students accepted into the Master, with the following provision:

    • 3 grants of € 1,500
    • 2 grants of € 3,000

    To apply for the aid it is necessary to have completed the application for admission to the Master.


    Application deadline: 31st May 2019.

    Resolutions: February, April and June 2019.

    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.


    » Electronic Bulletin of the UC3M (BOEL)

    General information on grants and scholarships

    For more information on specific grants of interest awarded by UC3M and by other agencies or organisation.

    🎓 Financial aid/Scholarships for Graduate Programs


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    Direct access to timetable (Academic Year 2019-2020) │ Will be published soon

    Classes will be taught during MORNINGS.

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    Access to Virtual Secretariat

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    Material Resources of the program

    Material Resources of Madrid - Puerta de Toledo Campus

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    complaints and suggestions

    General Registry Office

    OPINA system

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