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Master in Business and Finance

Graduate School of Business

Direction
Prof. Jose Penalva
Deputy Direction
Prof. Neus Palomeras Vilches
Language
English
Attendance
On-campus
Credits
120
Campus
Getafe
Applications

Closed

☛  Places available: 25

Departments
Business Administration

MORE INFORMATION HERE

For more information click on the link and contact us

 

APPLICATION FOR ADMISSION

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  • Inicio

    The Master in Business and Finance is a research master, with specializations in Accounting, Finance, Management, and Marketing.

    The program is very demanding as it provides students with the statistical-econometric tools, skills, as well as the empirical and theoretical knowledge needed to produce top-level research that is publishable in top academic journals and pursue a PhD and careers in research and teaching.

    The two-year Master provides a thorough preparation for the PhD and as such it is considered as the first part of the Doctoral program in Business and Finance. The program consists of this Master, followed by three years of thesis writing (to obtain a Phd in Business and Finance). The Business Administration department is committed to offer financial aid to the best students (over 80% of incoming masters students and 100% of those that pass the Master and continue to the PhD receive support, in the form of tuition waivers and a monthly stipend). In the first year students develop the basic skills and knowledge, while in the second year, the program provides great flexibility to adapt the coursework to your particular research interest (see suggested second-year profiles).

    The Master is offered by the Business Administration department whose outstanding faculty and commitment to quality instruction and first-class research are a guarantee for incoming students from all over the world (see JOB PLACEMENT, under PRACTICAL INFORMATION).

    The program is 100% in English and open to talented and committed students from all over the world without distinctions of race, gender, or religion: more than 80% of our students are from outside Spain.


    PhD Brochure

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    Reasons to study master in business and finance

     

     

     

    │MASTER IN NUMBERS

    • 100% in English
    • 80% of students from outside Spain
    • ☛ 60% of students from outside the EU
    • 25 openings, 15 with financial support
    • ☛ Classes of between 5 and 8 students in the second year, by research areas
  • PROGRAM
  • FACULTY

    Our program offers flexibility in learning, and instruction from top-quality faculty with strong research interests. Our faculty members have obtained their PhDs from the most prestigious universities (MIT, Stanford, Wharton, UCLA, LSE, CEMFI, HEC Paris, Universitat Autònoma de Barcelona, New York University, Toulouse, Universidad Carlos III, Universitat Pompeu Fabra) and we maintain strong collaborative ties with prestigious academic professors from top Universities.

    In the last years, we have invited reputed professors to give short courses to our students such as Prof Andrés Almazán (McCombs School of Business, U. Texas), Prof Ashish Arora (Duke University), Prof Gerald Dwyer (Director, Center for Financial Innovation and Stability (Retired)), Prof Diego García (University of Colorado, Boulder), Prof David Luna (Zicklin School of Business, Baruch College), and Prof Fernando Zapatero (USC Marshall School of Business).

    Our faculty has published in the best academic journals: Academy of Management Journal, Academy of Management Review, Administrative Science Quarterly, Econometrica, Journal of Finance, Journal of Marketing Research, Management Science, Organization Science, Strategic Management Journal, Review of Financial Studies, The Accounting Review.

    UC3M FACULTY

    • ALI, AYFER
      Department of Business Administration
      Visiting Professor
      PhD - Harvard University and Harvard Business School
    • BALBÁS, ALEJANDRO
      Department of Business Administration
      Full Professor
      PhD in Mathematical Sciences
    • BARROSO, ALICIA
      Department of Business Administration
      Professor-researcher
      PhD in Economics - CEMFI and UNED
    • BELLÓN, CARLOS
      Department of Business Administration
      Visiting Professor
      PhD in Finance - Wharton School of University of Pennsylvania
    • CASTELLÓ, ITZIAR
      Department of Business Administration
      Visiting Professor
      PhD - Universitat Ramon Llull (ESADE)
    • DUQUE, LOLA
      Department of Business Administration
      Visiting Professor
      PhD in Business Studies - Universidad de Barcelona
    • EROSA ETCHEBEHERE, ANDRÉS
      Departamento de Economía
      Visiting Professor
      PhD
    • ESTEBAN-BRAVO, MERCEDES
      Department of Business Administration
      Associate Professor
      PhD in Economics
    • GARCÍA LARA, JUAN MANUEL
      Department of Business Administration
      Associate Professor
      PhD in accounting - Universidad de Valencia
    • GARCÍA OSMA, BEATRIZ
      Department of Business Administration
      Associate Professor
      PhD
    • GÓMEZ MEJÍA, LUIS
      Department of Business Administration
      Visiting Professor
      Doctoral Degree in Industrial Relations - College of Business Administration - U. of Minnesota
    • GUTIÉRREZ, ISABEL
      Department of Business Administration
      Full Professor
      PhD in Business Economics - Universidad de Sevilla
    • GUTIÉRREZ, MARÍA
      Department of Business Administration
      Associate Professor
      PhD in Economic Sciences - Universidad Complutense de Madrid
    • KAVADIS, NIKOLAOS
      Department of Business Administration
      Visiting Professor
      PhD
    • MACÍAS, MARTA
      Department of Business Administration
      Associate Professor
      PhD in Economic and business Sciences - Universidad de Jaén
    • MARÍN, JOSÉ
      Department of Business Administration
      Researcher
      PhD in Finance - Wharton University
    • MARTÍNEZ-MIERA, DAVID
      Department of Business Administration
      Visiting Professor
      PhD in Economics - CEMFI y UIMP
    • MELERO, EDUARDO
      Department of Business Administration
      Visiting Professor
      PhD in Business Administration
    • MONTES, MARIA J.
      Department of Business Administration
      Associate Professor
      PhD in Economics and Quantitative Methods - Universidad Carlos III de Madrid
    • MORENO, DAVID
      Department of Business Administration
      Associate Professor
      PhD in Economics Sciences - Universidad de Alcalá
    • NÚÑEZ NICKEL, MANUEL
      Department of Business Administration
      Full Professor
      PhD in Economic Sciences
    • ORTEGA, JAIME
      Department of Business Administration
      Associate Professor
      PhD in Economics - Massachusetts Institute of Technology
    • PALOMERAS, NEUS
      Department of Business Administration
      Visiting Professor
      PhD in Business Administration
    • PENALVA, JOSÉ
      Department of Business Administration
      Associate Professor
      PhD in Economics - University of California, Los Angeles (UCLA)
    • PEÑA, NACHO
      Department of Business Administration
      Full Professor
      PhD in Economics - Universidad Autónoma de Madrid
    • RODRÍGUEZ, ROSA
      Department of Business Administration
      Associate Professor
      PhD in Economics - Universidad Carlos III de Madrid
    • ROMO, JUAN
      Departamento de Estadística
      Full Professor
      PhD in Mathematics- Texas A&M University
    • RUIZ, PABLO
      Department of Business Administration
      Associate Professor
      PhD in Economics - Stanford University
    • SAMARTIN, MARGARITA
      Department of Business Administration
      Associate Professor
      European Doctorate in Quantitative Economics - CORE-LSE-DELTA-U. Bonn
    • SÁNCHEZ, MIRIAM
      Department of Business Administration
      Visiting Professor
      PhD in Organizational Psychology and Labour - Universidad Complutense de Madrid
    • SERRANO, PEDRO
      Department of Business Administration
      Visiting Professor
      PhD
    • SURROCA, JORDI
      Department of Business Administration
      Associate Professor
      PhD in Business Administration - Universidad Autónoma de Barcelona
    • TOLDRÁ, ANNA
      Department of Business Administration
      Visiting Professor
      PhD in Economics - Universidad de Toulouse
    • TRIBÓ, JOSEP
      Department of Business Administration
      Full Professor
      PhD in Fundamentals of Economics - Universidad Autònoma de Barcelona
    • USABEL, MIGUEL
      Department of Business Administration
      Associate Professor
      PhD in Financial and Actuarial Economics - Universidad Complutense de Madrid
    • VEIGA, HELENA
      Departamento de Estadística
      Associate Professor
      PhD in Economics - Universidad Autònoma de Barcelona
    • VELILLA, SANTIAGO
      Departamento de Estadística
      Full Professor
      PhD in Statistics and Operations Research - Universidad Complutense de Madrid
    • VIDAL, JOSÉ
      Department of Business Administration
      Associate Professor
      PhD in Economics - Universidad Carlos III de Madrid

     

  • 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

      In general, admission requirements to the program entail possession of a bachelor's degree, or equivalent, with quantitative training in the fields of economics or business administration. Graduates with from programs with strong quantitative requirements (statistics, mathematics, engineering ...) will also be considered.

      Access is also open, under the same requirements, to students in possession of a degree obtained under foreign educational systems, once the University verifies that the degree is equivalent to an official Spanish bachelor's degree that gives access to the Master program.

       

      Admission criteria

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

      • Academic record
      • Quantitative background of students in different areas of Business Administration
      • The prestige of the university of origin
      • Letters of recommendation and motivation.

      The candidate’s academic records and background will have a minimum weight of 50% and the university of origin at least 25%.

      Documents

      Nombre del documento Notas / explicaciones
      Application Form Personal information and academic data of the candidate.
      Two reference letters Must be sent directly by the referees using our contact form. Do not forget to include the candidate’s name and the name of the master the candidate is applying for.
      Declaration of having finished previous studies To be submitted only if you have not completed your bachelor's degree by the time you apply for the master’s program.
      Official Degree (As soon as it is available) Official Bachelor’s degree. Other titles will be considered as complementary documents to enhance the candidate’s application.
      Official academic transcripts Academic records from the candidate’s Bachelor’s degree. Other certificates will be considered as complementary documents to enhance the candidate’s application. Always submit the transcript of you Bachelor’s degree and your latest academic degree (you can also send provisionary grades from you current program if you are enrolled in one)
      Curriculum vitae Resume in English. A specific format is not required.
      A brief statement of purpose Your Motivation letter will be relevant when establishing your research track and interest.
      GRE scores* Not compulsory but highly recommended
      English Certificate Minimum B2 (CEFR) or equivalent

      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.

    • ENROLLMENT

      Program Price *

      Course 2018-2019

       

      • Reservation fee: €450 (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: €2,701.2 (€45.02/ECTS credit)
      • Non EU students: €5,044.2 (€84.07/ECTS credit)
         

      Financial aid/scholarships

       

      ✎│Masters prices


      * The price of enrollment does not include in any case the rate of expedition of the Master Degree Certificate.

      Additional information

      • You can register on 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 will be used principally for communications with said student. For this reason, it is essential that it be actualized and periodically consulted.
      • Failure to make payment shall result in non-admission or termination of enrollment according to that established by the University. In case of annulment of registration because of failure to make payment, Universities can demand payment for previous enrollment in earlier academic years as a previous condition for enrollment.
        Universities shall not issue a diploma or certificate when a student has payments of any kind pending.

      ✎ Enrollment master's programs

      ✎ ECTS credits recognition

  • SCHOLARSHIPS

    UC3M SCHOLARSHIPS FOR THE YEAR 2018/2019

    CALL AM05-18/19 │ RESOLVED

    The UC3M announces 1 grant by amount of 3,000 € for the payment of academic fees for academic years 2018-19, aimed at new students entering the Master in Business and Finance*.

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


    Application deadline: 31st May 2018.

    Resolution: June 2018.

    ☛ Published 2nd Final Resolution dated 07/23/2018


    The number of grants and amounts specified in 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

    » Electronic Bulletin of the UC3M (BOEL)

    Complete uc3m study aids for the ACADEMIC year 2018/2019

    CALL M03-1819 │ RESOLVED

    The Carlos III University of Madrid announces 4 full grants to study the Master in Business and Finance in the academic year 2018/2019, which gives access to doctoral programs of the UC3M. The full aid will include the corresponding academic fees, as well as a monthly allowance of € 909.00 gross.

    To apply for the aid it is necessary to have made the application for admission to the Master. Once the notification of admission is received, the student must pay the place reservation within the established deadlines (if the student is finally awarded, the amount of the reservation will be refunded).


    Application deadline: 28th August 2018.


    Application for Aid

    » More information

    CALL M02-1819 │ RESOLVED

    The Carlos III University of Madrid announces 15 full grants to study the Master in Business and Finance in the academic year 2018/2019, which gives access to doctoral programs of the UC3M. The full aid will include the corresponding academic fees, as well as a monthly allowance of € 909.00 gross.

    To apply for the aid it is necessary to have made the application for admission to the Master. Once the notification of admission is received, the student must pay the place reservation within the established deadlines (if the student is finally awarded, the amount of the reservation will be refunded).


    Application deadline: 17th May 2018.


    Application for Aid

    » More information

    CALL M01-1819 │ RESOLVED

    The Carlos III University of Madrid announces 10 full grants to study the Master in Business and Finance in the academic year 2018/2019, which gives access to doctoral programs of the UC3M. The full aid will include the corresponding academic fees, as well as a monthly allowance of € 909.00 gross.

    To apply for the aid it is necessary to have made the application for admission to the Master. Once the notification of admission is received, the student must pay the place reservation within the established deadlines (if the student is finally awarded, the amount of the reservation will be refunded).


    Application deadline: 23rd February 2018.


    Application for Aid

    » More information

    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

  • PRACTICAL INFORMATION
    • Inicio

      titulo cabecera para seccion calendario academico

      Academic Calendar

      Academic Calendar 2018-2019

      titulo cabecera para sección horario del master

      Program course schedule

      Direct access to timetable (Academic Year 2018/2019)

      titulo cabecera para sección secretaría virtual

      VIRTUAL SECRETARIAT

      Access to Virtual Secretariat

      titulo cabecera para seccion recursos materiales del máeter

      Material Resources of the program

      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

      Acces to Employment and internships

    • JOB PLACEMENT

      Placement of students: Master and PhD program

      Students from the Master and PhD programs have found employment in:

      • Academic positions at universities: University College London, Copenhagen Business School, Erasmus University, Max Planck Institute, Universidade Nova de Lisboa, Lancaster University, ITAM, IESE, Instituto de Empresa, Universidad de Navarra, and Universidad Autónoma de Barcelona, as well as in Jinan University, Central University of Finance and Economics, Xiamen University, and  Zhongnan University of Economics and Law
      • Research institutions and regulators: Spanish stock market regulator (CNMV), Portuguese stock market regulator (CMVM)
      • Private companies: Goldman Sachs, KPMG, CommerzBank or Repsol YPF.

       

      University-wide placement services

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

      UC3M Guidance&Employment