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Master in Business and Finance

Graduate School of Business

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

Open

☛  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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    The Master in Business and Finance offers research-oriented masters with specializations in Accounting, Finance, Management, and Marketing. These separate but overlapping specializations is very demanding in order to provide students with the solid theoretical and empirical tools needed to prepare students for the 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 (100% of those that pass the Master and continue to the PhD receive support, in the form of tuition waivers and a monthly stipend).

    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.

    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.

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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
    • ☛ Low registration fees: around 3200 euros per year in 2016/17
  • PROGRAM
  • FACULTY

    Our program offers flexibility in learning, and instruction from top-quality faculty with a deep research interests. Our faculty have obtained their PhDs from the most prestigious universities (MIT, Stanford, Wharton, 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.

      Since all courses are taught in English, it is essential that applicants demonstrate an advanced level of spoken and written English. For this, candidates must certify a minimum score in any of the following tests:

      • CEFR: B2
      • TOEFL: 550 (Paper Based Test),
      • TOEFL: 210 (Computer Based Test),
      • TOEFL: 80 (Internet Based Test),
      • IELTS: 6.0,

      Presentation of CPE (Certificate of Proficiency English) or CAE (Certificate in Advanced English) will also be accepted as a proof of English proficiency. In rare cases, a test conducted by the Language Laboratory of the Universidad Carlos III itself or a personal interview with the director of the Master's program can be taken into account.

       

      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.
      Statement written by you Only if you completed your Bachelor’s Degree outside Spain.
      Letter from your previous University, or statement written by the applicant (see sample on the left), specifying that you are eligible to pursue postgraduate studies in the country where the bachelor's degree was issued.
      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
      TOEFL scores or equivalent** **For further guidance, see Requirements on the left.

      Language requirements

      You can 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.

      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.

    • 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 year:

      • EU students: 2.843,4€ (47,39€/ECTS credit) Three especialities including.
      • Non EU students: 5.044,2€ (84,07€/ECTS credit)

       

      ◢  More information about masters prices


      * Pending approval by the Community of Madrid for the course 18/19

      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.

      General information for enrollment in official Master’s degrees

      Information about credits recognition

  • SCHOLARSHIPS

    UC3M Scholarships for the Year 2017/2018 *

    For the academic year 2017-18 has been published a call for a maximum of 2 grants for payment of the net enrollment rates for students accepted into the Master, with the following provision:

    • 2 grants of € 3,000

    Application deadline: 11th September 2017.

    Resolution: September 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

    Complete study aids for the year 2017/2018

    EXTENSION M01-1617-2A (CALL M01-1718)

    For the academic year 2017-18 a call for 1 aid has been made for students who have applied for admission or are admitted to the master's program, with the following endowment:

    • The monthly endowment of scholarship will be an amount of €909 gross. Also, the aid will include amounts to cover tuition fees in the first full-time enrollment.

    Application deadline:  25th August 2017.

     

    » Complete study aids for the garduate programs

    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 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

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      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, Erasmus University, Max Planck Institute, Lancaster University, ITAM, IESE, Instituto de Empresa, Universidad de Navarra, and Universidad Autónoma de Barcelona
      • 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 orientates, informs and helps graduates to get through the labour market.

      UC3M Guidance&Employment