FT Rank #61

Master in Management

Universidad Carlos III de Madrid
Madrid, Spain
Fees
€9,000 (EU) / €13,500 (non-EU) for the 60-ECTS programme, full-time
Duration
12 months
Employment
87%
Median Salary
$68k
Language
English

Universidad Carlos III de Madrid’s Master in Management placed 61st worldwide in the Financial Times Masters in Management 2025 — the only Spanish public university in the table.¹ ⁴ The one-year, English-taught programme in Madrid reports an 87% employment rate at three months and an FT weighted three-year salary of about US$67,556.¹ ⁵

Overview

UC3M, established in 1989, is a public Madrid university known for research strength in economics and business; its Spanish-registered degree, Máster Universitario en Dirección de Empresas, is presented internationally as the Master in Management.¹ The business school holds AACSB accreditation; its AMBA accreditation applies to the MBA, so the Master in Management is not a triple-crown degree.³ For a wider view of whether the credential fits your goals, see our guide on whether a MiM is worth it in 2026.

Curriculum & Structure

The 60-credit, one-year programme combines a management core with tracks such as international management and innovation management, or a student-designed combination.¹ The cohort of about 60 is roughly 80% international, spanning more than 35 nationalities, and is aimed at recent graduates rather than experienced managers.

Application & Deadlines

The programme starts in September and admits on a rolling basis, with applications closing by 20 September and decisions issued in waves through the spring.² A GMAT or GRE is recommended but not required. International applicants should apply early for visa processing — see how to build a MiM profile.

Tuition & Funding

UC3M prices the degree per credit — about €9,000 for EU students and €13,500 for non-EU students across the 60 credits — with a €1,500 reservation fee counting toward tuition.¹ That undercuts Madrid’s private business schools for a one-year, English-taught, FT-ranked master’s.

Career Outcomes

The Financial Times 2025 weighted three-year salary is about US$67,556, with an 87% three-month employment rate.⁵ UC3M reports that 85% to 90% of its graduates find work within three months, broadly matching the FT figure, though it does not publish its own salary number.² For early-career context, see our career learnings from a MiM.

Campus & Reputation

Madrid is one of Europe’s largest business and consulting hubs, and UC3M’s combination of a public-university fee base, a strongly international cohort and the only Spanish-public FT MiM placement makes its Master in Management a distinctive, well-priced option.⁴ For how a MiM compares with an MBA, see our piece on MiM versus MBA.

Frequently asked questions

Where does Carlos III rank for the Master in Management?
Universidad Carlos III de Madrid placed 61st worldwide in the Financial Times Masters in Management 2025 — the only Spanish public university in the table — with an 87% employment rate at three months and a weighted three-year salary of about US$67,556.
How much does the UC3M Master in Management cost?
The 60-credit programme costs about €9,000 for EU students (€150 per ECTS) and €13,500 for non-EU students (€225 per ECTS), with a €1,500 reservation fee counting toward tuition.
Do you need the GMAT for UC3M?
No. A GMAT or GRE is recommended and may be requested from applicants with a non-business background, but it is not required and no class-average is published.
Is Carlos III triple-crown accredited?
No. UC3M's business school holds AACSB accreditation, while its AMBA accreditation covers the MBA, so the Master in Management is not a triple-crown degree.
Is the UC3M Master in Management taught in English?
Yes. It is a one-year, English-taught programme in Madrid, with a cohort that is about 80% international.

Sources

  1. Master in Management — official programme page uc3m.es ↗ — Universidad Carlos III de Madrid (retrieved Jun 2026)
  2. Master in Management — more information (employment, profile) uc3m.es ↗ — Universidad Carlos III de Madrid (retrieved Jun 2026)
  3. UC3M Graduate School of Business — rankings and accreditations uc3m.es ↗ — Universidad Carlos III de Madrid (retrieved Jun 2026)
  4. UC3M rankings and accreditations uc3m.es ↗ — Universidad Carlos III de Madrid (retrieved Jun 2026)
  5. Financial Times — Masters in Management 2025 rankings.ft.com ↗ — Financial Times (retrieved Jun 2026)