Master in Business and Finance (MRes)
31 Jan 2025
EARLIEST START DATE
09 Sep 2025
EUR 5,044 *
* current fees for the 23/24 academic year
The Master in Business and Finance is a research master (MRes), with specializations in the main areas of business (Accounting, Finance, Management and Marketing). This two-year master provides students with the statistical-econometric tools and the theoretical knowledge needed to study business reality with analytical lenses.
The master is oriented to students with curious mindsets interested in understanding the business world from a rigorous and multidisciplinary perspective. It combines core courses that convey the foundations of analytical skills and specialized courses that expose students to state-of-the-art research in their area of interest.
These two years of coursework are considered as the first part of the Doctoral program for the students who are admitted into the PhD. The Doctoral program consists of two years of thorough coursework (MRes) followed by three years of thesis writing under the guidance of an expert supervisor (PhD).
The Master is offered by the Business Administration Department at UC3M, known by its long-standing commitment to quality instruction and rigorous training.
Master in Numbers
- 100% in English
- 80% of international students
- About 75% of our students receive full financial support (tuition fee waiver + monthly stipend)
- About 70% of our graduates pursue a PhD
- 1st Spanish public Business School (Eduniversal ranking)
- The only AACSB-accredited Spanish public Business School
- In the Top 10 of young European universities (QS Top 50 Under 50 ranking)
Scholarships and Funding
The amounts of the financial aid to cover academic fees for first registration will be, as a maximum, 100% of the price of the credit in accordance with the provisions of the Decree of Fees of the Community of Madrid for subjects to be taken in the academic year 2024-2025 and 2025-2026, with respect to the corresponding credits.
- 5 scholarships for first-time enrollment fees
To apply, you must have completed the application for admission to the Master’s.
UC3M Full Scholarships to the Master's Study for the Academic Year 2024/2025
The Carlos III University of Madrid announces 10 full scholarships to study the Master in Business and Finance in the academic year 2024/2025, which gives access to doctoral programs of the UC3M.
- The full scholarship will include the corresponding academic fees, as well as an annual allowance of € 11,500.
To apply for the scholarship it is necessary to have been admitted to the master's program or to have formalized the application for admission to the master's program.
The Master’s program is divided into two academic years (60 ECTS each) that cover core, specialized and elective courses.
- Core subjects provide students with the key analytical skills, concepts and tools (1st year)
- Specialized courses build the foundations of the students’ research area of interest (1st and 2nd years)
- Elective courses allow students to develop a multidisciplinary perspective, and can be chosen from other specializations in the master or from other masters at UC3M (2nd year)
Areas of specialization
There are two main areas of specialization in the program, Accounting & Finance and Management & Marketing. In each of these areas, the students can develop deeper specializations.
- Managing People
- Strategy, Innovation & Entrepreneurship
- Supply Chain Management
- Asset Pricing
- Corporate Finance
- Consumer Behavior
- Quantitative Marketing
Program Tuition Fee
Program Admission Requirements
Show your commitment and readiness for Grad school by taking the GRE - the most broadly accepted exam for graduate programs internationally.