Of the 6 Master in Management programs we track in Spain, 5 publish a salary comparable across schools, and the median across those 5 is $95,000 (from $67,556 to $117,095). It is the Financial Times Masters in Management weighted salary — alumni pay reported roughly three years after graduation, adjusted for purchasing power and expressed in US dollars — not the salary a graduate starts on. For the starting number, the national data further down this page puts a first job at €26,807 (average earnings).
Salary by school
Salary is the FT weighted figure measured about three years after graduation (USD, PPP-adjusted) — not a starting salary. A school not in the FT table shows its own reported figure in its own currency, which is why it is named separately above. Click any school for its full salary and career-outcomes breakdown.
Where graduates work
| Industry | Typical share |
|---|---|
| Consulting | 21–25% |
| Financial Services | 24% |
| Technology | 22% |
| Finance | 20% |
| Retail | 9% |
| Marketing & Media | 8% |
| Consumer Goods | at 1 of 6 schools |
Top recruiters across Spain
Amazon · McKinsey & Company · Accenture · BCG · Boston Consulting Group · Deloitte · Google · L'Oréal · Mercedes-Benz · Meta · Microsoft · Nike · PwC · Salesforce · Uber
What the national data shows
Spain has no single survey like France's, so this stitches two official sources: INE's graduate insertion survey (EILU) for employment and contract, and the Social-Security register for what business-field graduates actually earn. Read it as directional.
Two sources, two caveats: INE's EILU survey is robust on employment and contract but its cohort graduated in 2013-14, and the €26,807 business-field salary is gross/year from the Social-Security register (2018-19 cohort) blending bachelor's and master's. No single Spanish source gives a clean business-master's median.
Read the full breakdown: what a MiM pays in Spain →Working in Spain after your MiM
After completing an EQF-6 or higher degree — a Master's qualifies — at a Spanish institution, international graduates can apply for the residence authorisation for job search or to start a business, valid for up to 24 months and non-renewable. It is a generous window by European standards, opened up by Spain's 2022 immigration reform.
One catch: the authorisation does not itself permit you to work — once you find a suitable job you convert it to a residence-and-work permit. Apply between 60 days before and 90 days after your student stay expires.
Tuition vs. salary
Tuition across these programs runs from €9,000 to €55,500, against a median FT weighted salary of $95,000 at the 5 programmes that publish one.
Tuition is shown in EUR and salary in US dollars (the FT's reporting currency), and the salary is measured about three years after graduation while the tuition is paid up front — so treat this as a rough orientation, not a precise return-on-investment ratio. Living costs, scholarships and exchange rates all move the real number.
Frequently asked questions
What is the average MiM salary in Spain?
Can I stay and work in Spain after a Master in Management?
What share of MiM graduates in Spain find work after graduation?
Sources
- Hoja 20 — Residence for job search or starting a business project ↗ — Ministerio de Inclusión, Seguridad Social y Migraciones
- Encuesta de Inserción Laboral de los Titulados Universitarios (EILU) 2019 ↗ — Instituto Nacional de Estadística (INE)
- Inserción laboral de egresados — afiliación a la Seguridad Social (SIIU) ↗ — Ministerio de Ciencia, Innovación y Universidades
- Salary, employment and recruiter figures are drawn from each school's own reported outcomes — see the individual program pages linked above.