Cookie usage policy

The website of the University Carlos III of Madrid use its own cookies and third-party cookies to improve our services by analyzing their browsing habits. By continuing navigation, we understand that it accepts our cookie policy. "Usage rules"

Master in Economic Development and Growth (MEDEG)

Graduate School of Economics and Political Science

Graduate Economics and Political Science School
Direction
Prof. Jordi Domenech Feliu
Language
English
Attendance
On-campus
Credits
60
Campus
Getafe
Applications

Open

☛  Places available: 40

Departments
Social Sciences, Department of Economics

MORE INFORMATION HERE

For more information click on the link and contact us

 

APPLICATION FOR ADMISSION

» Access your master

Use your 4 digit password to complete your application.

  • Inicio

    The Master in Economic Development and Growth will provide you with the required theoretical and quantitative tools to understand the problem of economic development.

    The programme offers advanced training in economics and econometrics, while it also provides a wide comparative perspective on economic development. In addition, the student can zoom in more specific problems of developing economies like poverty and inequality, the impact of globalization, agriculture and rural institutions, or financial development.

    This master will prepare you for careers in international organizations, the international non-profit sector or think-tanks, public institutions and multinationals with interests in emerging and developing economies, as well as giving you the necessary preparation to start doctoral studies in the field of development or related studies.

     

    IMPORTANT: In addition, students who have completed the required 60 ECTs can decide to spend a second year at the University of Lund (Sweden) joining our 2-year programme with the University of Groningen (the Netherlands) and the University of Lund (Sweden).


    💬 Alumni testimonials

     

    ☛ MEDEG was an Erasmus Mundus Master programme and offered EU funded scholarships for seven consecutive academic years from 2010 until 2016.

    Conjunto de edificios y casas chabolistas evidencian la falta de desarrollo sostenible

    reasons to study Master in Economic Development and Growth (MEDEG)

    │MASTER IN NUMBERS

    • ☛ A maximum of  40 students per class
    • ☛ More than 80% are international students
    • ☛ 1/3 are NOT europeans students
    • ☛ More than 150 alumni professionals and academics in the field of development and related studies
    • 70% of teaching faculty obtained their PhD degrees in top US and European institutions
       
    logotipos de las universidades colaboradoras del MEDEG
  • PROGRAM
  • FACULTY

    The Master's program is taught by a highly qualified team of lecturers and professors including academics from the departments of Economics and Economic History, and experts in the field of development, with extensive experience in national and international bodies.

    The courses combine theoretical and quantitative analysis of development problems, with discussion of practical management tools and evaluation of policies and projects.

     

    UC3M FACULTY

    • MEDINA, LUIS FERNANDO
      Instituto Carlos III-Juan March de Ciencias Sociales
      Senior Visiting Professor
      PhD - Stanford
    • NICOLINI ALESSI, ESTEBAN ALBERTO
      Department of Economics
      Visiting profesor
      PhD - Universitat Pompeu Fabra, Barcelona
    • ROSES, JOAN R.
      Professor of Economic History
      London School of Economics
  • ADMISSION
    • ADMISSION

      Application

      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:

      Requirements

      The basic requirement for admission to the Master's course is to have obtained or to be about to obtain prior to start of the Master's courses, either an official degree - or  in the case of foreign qualifications, an equivalent  (Degree, Bachelor's degree) - either in Economics or a related discipline.

       

       

      Admission criteria

      In the selection process, the Committee will be based on the following criteria:

      ADMISSION CRITERIA %
      Academic record 60%
      Letters of reference 10%
      Motivation letter 10%
      Other qualifications and courses 10%
      Other professional and research experiences 10%

      For each criterion a grade of 0 to 5 will be allocated (0-insufficient, 1-bad, 2-sufficient, 3- good, 4-excellent, 5-extraordinary). All the applicants will be grouped into three lists:

      • Admitted
      • On waiting list
      • Rejected

      Application and selection process

      In order to be considered, application forms must be accompanied by the following documents:

      Reference letters (Optional, not required). Applicants can optionally send one or two reference letters.

      Referees should send their reference letters to the address supplied below indicating the name of the applicant and the programme (MEDEG) in the email heading.

      • Reference Form

        ☛ Letters can be written using the format supplied or any other format.

      You should ask the referees to send their reference letters to soporte@postgrado.uc3m.es.

      language requirements

      Since English is the official language of the programme, a high level of written and spoken English is required. This knowledge can be accredited with the results of an official C1 English diploma (CEFR) including evaluation of the 4 areas: listening, reading, speaking and writing. As a general rule, the following minimum scores for other certificates are required:

      • TOEFL (iBT): 95-120
      • IELTS: 7.0 - 8.0
      • Cambridge ESOL: Certificate in Advanced English (CAE)
      • TOIEC (Four skills): 1096 - 1345

      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.

    • ENROLLMENT

      FEES *

      2019-2020 Academic year

       

      • Reservation fee: €800 (It will be paid once the student receives notification of admission to the master’s, and deducted from the first tuition payment)

      60 ECTS in the first academic year:

      • EU students: €7,800 (€130/ECTS credit)
      • Non EU students: €11,700 (€195/ECTS credit)

      * Pending approval by the Regional Government of Madrid for 2019/2020

       

      ✎│Programme’s fees


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

      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 enrolment.
      • 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 enrolment 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.
        No diploma or certificate will be issued if a student has any outstanding payments.

      ✎│Enrolment master’s programmes

      ✎│ECTS credits recognition

  • SCHOLARSHIPS

    UC3M Scholarships for the Year 2019/2020

    CALL AM01-19/20 *

    For the academic year 2019-20 a call has been published for a maximum of 10 grants for payment of the net enrolment fees for students accepted into the Master’s, with the following provision:

    • 10 grants of  € 3,000 or € 1,500

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

     

    Application deadline: 31st May 2019.

    Resolutions: February, April and June 2019.

    ☛ Published 2nd Resolution dated May 17, 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 for them. They may not even be allocated if decided so by the Selection Committee for each programme.
     

    Grants

    ☛ UC3M e-bulletin (BOEL) in Spanish

    FUNDACIÓN CAROLINA EDUCATION PROGRAM

    CALL FOR SCHOLARSHIPS 2019/20 │ CLOSED

    The Fundación Carolina has opened its call for scholarships for the academic year 2019-2020 exclusively directed to students from all Latin American countries to complete their education in Spanish universities and study centres.

    • Number of scholarships: 1
    • Deadline to apply for the scholarship: March 7, 2019

    [+] information
     

    Logotipo Fundacion Carolina

    General information on grants and scholarships

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

    🎓 Grants to study a University Master’s

  • PRACTICAL INFORMATION
    • Inicio

      titulo cabecera para sección horario del master

      MASTER’S COURSE SCHEDULE

      Check the Master’s schedule (Academic Year 2019/2020)

      titulo cabecera para sección secretaría virtual

      VIRTUAL SECRETARIAT

      Access to Virtual Secretariat

      titulo cabecera para seccion recursos materiales del máeter

      MATERIAL RESOURCES OF THE PROGRAMME

      Material resources of Getafe Campus

      titulo cabecera para sección quejas, reclamaciones y sugerencias

      complaints and suggestions

      General Registry Office

      OPINA system

      icono cabecera para sección empleo y practicas

      Employability

      Access to Employment and internships

    • JOB OPPORTUNITIES

      There are several job opportunities for Graduates of the Master in Economic Growth and Development:

      a) In a private business Specifically:
      • Private businesses and financial institutions operating in developing countries and emerging markets, especially although not exclusively in research departments or areas;
      • In private research centres concerned with economic development and growth
      • In economic research departments of nongovernmental organisations operating in the sphere of economic development
       

      b) In Public Administration, specifically:
      • In economy ministries, central banks and government agencies in developing countries
      • In government agencies of developed countries operating in the sphere of development cooperation
       

      c) International bodies, specifically :
      • multilateral agencies and organisations concerned with research into problems of economic development and financing, coordination and implementation of economic development projects (International Labour Organisation, United Nations Development Program, World Bank, International Monetary Fund,  Inter American Development Bank,  CEPAL- Economic Commission for Latin America and the Caribbean,  UNESCO, OECD)

      d) At Universities and public and private research centres.

    • CAREERS
      estudiantes sentados en el jardin dialogando

      By joining the Master in Economic Development and Growth you join a large network of practitioners and academics in the field of development and related studies. Alumni of the Master in Economic Development and Growth have taken jobs in research and consultancy firms, international organizations, government agencies and think tanks. There have been student placements in organizations like the World Bank, United Nation’s World Food Programme, the FAO, the International Labour Office, the UNDP International Policy Centre for Inclusive Growth, the European Bank for Reconstruction and Development, the European Investment Bank, or the Latin American Development Bank. For example, very recently, one of our students has joined the Bangkok office of the United Nations’ Disaster Risk Reduction Division, another student the Decent Rural Employment Team at FAO.

      Other students have gained very valuable direct field experience in developing countries by working in the implementation of large surveys or collaborating in research projects in countries like the Philippines, Malaysia, Bolivia, Colombia, Mexico, Brazil, Dominican Republic, Malawi, Rwanda, Ethiopia or Morocco.

      A smaller group of students have continued their studies pursuing PhDs at a wide array of universities in Europe and North America, with the more recent cases being the London School of Economics, the School of Oriental and African Studies (SOAS) at the University of London or the  School of Global Studies at the University of Sussex (UK). 

      The Master guarantees an intense interaction between new students and the network of past graduates via our community manager Alexandra López-Cermeño (alexandra.lopez_cermeno@ekh.lu.se), who circulates job openings, information on PhD programmes and funding, student placements, and alumni testimonials:

       

      ☛ Video of master students internship in Mexico

  • JOINT PROGRAMME

    Joint programme Carlos III-Groningen-Lund

    Facahada edificio Biblioteca de la Universidad de Lund

    This international double degree trains you to be a well-rounded expert in the field of development. You get Master's degrees from two out of three top-class European research universities: Universidad Carlos III or University of Groningen and the University of Lund.​

    The programme provides you the theoretical and quantitative tools needed to grasp the main debates in economics and other social sciences, as well as the deep, specialized understanding of context, institutions, and historical legacies in developing economies required to deal with the full complexity of development issues.
The MEDEG programme is offered by a consortium of the University of Groningen (The Netherlands), Universidad Carlos III de Madrid (Spain) and Lund University (Sweden). Candidates study the first year either in Groningen or Madrid. In the second year all students move to Sweden to specialize in development and growth issues at Lund University School of Economics and Management.

    The Carlos III-Groningen–Lund programme provides rigorous training in economics and quantitative methods and offers a variety of electives in central topics in development. At the end of each programme year you complete an independent research project, closely supervised by faculty.
On successful completion, you will obtain either a Master in Economic Development and Growth from Universidad Carlos III de Madrid or an MSc in International Economics and Business from the University of Groningen, and a Master Degree in Social Science with major in Economic Development and Growth from University of Lund.

    In the first year of the MEDEG programme in the Carlos III-Lund mobility you will study a 60 ECTs Master's degree programme in Economic Development. You will acquire advanced knowledge in economic theory, econometrics, and research methods in the first semester. In the second semester, you will study topics related to long run economic growth, comparative development performance or poverty and inequality. Closely supervised by faculty, you are also expected to complete an original piece of research on a topic of your choosing related to economic development to be defended in July.

    In the second year at the University of Lund, you can further specialize in economic development  in relation to issues such as demographic change, institutions, sustainability and energy, innovation and human capital. You take 15 ECTs of compulsory courses and 30 ECTs of electives and can choose elective courses of the MA programme in International Economics. You will also complete a Master's thesis worth 15 ECTs.

     

    ☛ Programme web page at the University of Groningen

    ☛ Progamme web page at the School of Economics and Management, University of Lund