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Master in Management

Graduate School of Business

Imagen presentación del máster
Prof. Eduardo Melero
Deputy Direction
Prof. Kurt Achiel Desender
Madrid - Puerta de Toledo


☛  Places available: 50

Business Administration Department


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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.


    logotipo Financial Times ranking Masters in Management 2023

    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


    logotipo AACSB Accredited

    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


    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.


      Department of Business Administration
      Full Professor
      Ph.D. in Economics and Business Sciences - Universidad Autónoma Madrid
      Brief CV
      Department of Business Administration
      Full Professor
      Ph.D in Economics and Business Sciences - Universidad Autónoma Madrid
      Brief CV
      Department of Business Administration
      Associate Professor
      Ph.D. in Economics and Business Sciences - Universidad Autónoma Madrid
      Brief CV
      Department of Business Administration
      Assistant Professor
      Ph.D. in Economics, Management and Organization - Universidad Autónoma de Barcelona
      Brief CV
      Department of Business Administration
      Associate Professor
      Ph.D. in Business Administration and Management - Bocconi University
      Brief CV
      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
      Department of Business Administration
      Associate Professor
      Ph.D. in Management - Universitat Pompeu Fabra
      Brief CV
      Department of Business Administration
      Assistant Profesor
      PhD in Economics & Management - Copenhagen Business School
      Brief CV
      Department of Business Administration
      Associate Professor
      Ph.D. in Management - Universitat Pompeu Fabra
      Brief CV
      Department of Business Administration
      Associate Professor
      Ph.D in Science, Techonology and Innovation Management - University of Manchester
      Brief CV
      Department of Business Administration
      Associate Professor
      Ph.D. in Management - Universidad de Salamanca
      Brief CV
      Department of Business Administration
      Associate Professor
      PhD in Quantitative Finance - Universidad del Pais Vasco
      Brief CV
      Department of Business Administration
      Associate Professor
      Ph.D. in Business Management - Universidad Carlos III de Madrid
      Brief CV
      Department of Business Administration
      Associate Professor
      PhD in Economics - University of Toulouse
      Brief CV
      Department of Business Administration
      Assistant Professor
      Ph.D. in ​Economics - ​New York University
      Brief CV
      Department of Statistics and Econometrics
      Associate Professor
      Ph.D in Industrial Engineering - Universidad Politécnica de Madrid
      Brief CV


      FCCA Fellow of the Chartered Association of Certified Accountants (of Britain and Ireland)
      MBA, MIT Sloan School of Management
      Social Research Consultor.
      Ph.D in Sociology


      The request is made electronically through our application. Before starting the admission process, please, read the following information:


      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:

      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.


      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, students with university degrees issued by a higher education institution belonging to an educational system outside the EHEA, must provide, for enrolment, the diploma, legalized by diplomatic procedures or by means of The Hague Apostille. They must also submit the transcript of records, with 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.



      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)

      ✎│Tuition fees

      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.


      * Current fees for the 23/24 academic year, pending approval by the Community of Madrid for the 24/25 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 enrolmentStudents 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.

      ✎│Enrolment master’s programmes

      ✎│ECTS credits recognition



    CALL AM01-24/25* │ RESOLVED

    For the academic year 2024-2025 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

    To apply, you must have completed the application for admission to the Master’s.

    Application deadline: May 31, 2024

    Partial resolutions:

    • first partial resolution: published on 8/3/2024
    • second partial resolution: published on 23/5/2024
    • third partial resolution: published on 19/7/2024

    * 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.


    📚 │ Scholarships

    💻 │ UC3M e-bulletin (BOEL) in Spanish

    General information on scholarships

    For more information on specific scholarships of interest awarded by UC3M and by other agencies or organisations.

    🎓 │ Scholarships to study a University Master


    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: 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.



    Call European Mobility Master UC3M