Careers & Salary · Spain

MiM Salary & Careers in Spain.

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

Across the 6 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

Master in Management programmes in Spain, ranked by median graduate salary, with each programme's school and median first-job salary.
Rank Program Median salary Profile
1 Esade Business School FT #24 · 91% employed at 3 months $117k
2 IESE Business School FT #16 · 97% employed at 3 months $114k
3 IE Business School FT #27 · 88% employed at 3 months $95k
4 EADA Business School FT #36 · 97% employed at 3 months $80k
5 Universidad Carlos III de Madrid FT #61 · 87% employed at 3 months $68k
6 UPF Barcelona School of Management Not FT-ranked

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 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.

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 6 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.