Careers & Salary · Spain

MiM Salary & Careers in Spain.

5 Master in Management programs · median salary $95,000 · 91% employed at 3 months

Across the 5 Master in Management programs we track in Spain, graduates earn a median first-job salary of $95,000 (from $67,556 to $117,095). Figures are each school's most recent reported outcomes, normalised to US dollars by the Financial Times.

Salary by school

# Program Median salary
  1. 1 Esade Business School FT #24 · 91% employed at 3 months $117k
  2. 2 IESE Business School FT #16 · 97% employed at 3 months $114k
  3. 3 IE Business School FT #27 · 88% employed at 3 months $95k
  4. 4 EADA Business School FT #36 · 97% employed at 3 months $80k
  5. 5 Universidad Carlos III de Madrid FT #61 · 87% employed at 3 months $68k

Salaries are FT-weighted figures in US dollars where available, so they are comparable across schools. Click any school for its full salary and career-outcomes breakdown.

Where graduates work

IndustryTypical share
Consulting 21–25%
Financial Services 24%
Technology 22%
Finance 20%
Retail 9%
Marketing & Media 8%
Consumer Goods at 1 of 5 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.

87.3% In employment master's, ~5 yr out (INE EILU; 2013-14 graduating cohort)
57.7% On a permanent contract master's (EILU) — the Social-Security register shows 72% by 4 yr out for a newer cohort
€26,807 Average earnings gross/year, 'Negocios, admin y derecho', 4 yr out (Social-Security register) — blends bachelor's & master's

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

Post-study work route Residence authorisation for job search or starting a business Up to 24 months, non-renewable

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 €52,000, against a median graduate salary of $95,000.

Tuition is shown in EUR and salary in US dollars (the FT's reporting currency), 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?
Across the 5 Master in Management programs we track in Spain, graduates earn a median first-job salary of about $95,000 (range $67,556–$117,095), based on each school's most recent reported figures, normalised to US dollars by the Financial Times.
Can I stay and work in Spain after a Master in Management?
Yes. Graduates of a Spanish institution can stay up to 24 months to look for work or launch a business, then switch to a work permit once hired. See the work-rights section above for the official details.
What share of MiM graduates in Spain find work after graduation?
Across the Spain programs that report it, a median of 91% of graduates are employed within three months of finishing.

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.