The Business Department of the Universidad Carlos III de Madrid (UC3M) offers a Master of Research (MRes) and a PhD programme, with specializations in Accounting, Finance, Management, and Marketing. The program is academically 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 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 (more than 80% of our students are from outside Spain).
The Business Department is ranked 1st in the Spanish system of public universities and it is the only AACSB-accredited Business Department in the Spanish public system.
UC3M is recognized by its high-standards of meritocracy and internationalization.
The graduate program
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. The master program has a first year that covers statistics, econometrics, and empirical methods, as well as microeconomics, strategic management and financial economics, plus the basic area courses (management & marketing: marketing, organizational theory, innovation management, and human resource management) (accounting & marketing: accounting, corporate finance I & II, dynamic asset pricing).
In the second year, students combine specialized courses to meet their research profile.
As a public institution, we are committed to equal opportunity. We offer financial aid to students in good standing in the form of tuition fee waivers and a monthly stipend. Financial support is extended to those students continuing into the PhD.
Students in this program generally have completed a Bachelor's Degree in Economics, Business Administration (with a quantitative basis), Statistics, Mathematics or Engineering. Most of them are recent graduates or have recently completed another postgraduate degree with a less academic oriented program.
The ideal candidate should possess intellectual curiosity, a strong desire to excel in an academic environment, advanced communication skills in English, and a robust quantitative background. Students with a weak background in statistics and economic theory are considered only if they come from a very prestigious university or have other strong compensating characteristics. These students, if accepted, are expected to do specific online preparation courses in advance so that on arrival they are at the same level as their fellow students.
The master’s principal objective is to train internationally renowned researchers in all areas related to accounting, finance, management and marketing.
After completion of the MRes, the majority of our students continue into the PhD programme at Uc3M or in other institutions. After the PhD, our students have been placed in academic positions at reputed universities, government institutions or private companies.
More details: here
Admission requirements to the program entail the possession of a bachelor’s degree, or equivalent, with quantitative training in the fields of Business Administration or Economics or related areas (Statistics, Mathematics, Engineering, etc.).
Language requirements: Students must demonstrate a working knowledge of the English language, with a minimum required level of B2. English skills must be accredited with the results of an official English diploma (CAE, IELTS, TOEFL).
Admission will be decided by the Master Academic Committee. Candidate selection will be done on the basis of the following criteria:
- Academic record
- Fluency in the English language
- Quantitative background of students in Business Administration or related areas
- The prestige of the university of origin
- Letters of recommendation and motivation
More details at: www.uc3m.es/master/business-finance#admission
Getafe Campus, C/ Madrid, 126, 28903 Getafe
Madrid , Spain