Tuition fees for MBA degree programs in Madrid: Where to study

The number of possibilities and wide range of prices for studying an MBA degree in Madrid are almost overwhelming, and there are even MBA’s on offer in Madrid than in Barcelona, a city notable for having some of the finest business schools in the world.

At EligeMBA, we have attempted to combine on one single page all of the schools in Madrid which offer an MBA program. That way you can see them all at a glance. At the bottom of the page, we have included a summary table to make the information even easier for you to view.

The programs listed below include only those which are taught on-site and in person, though many of these MBA programs may also be taken through distance learning or online. We have only included MBA programs intended for students and professionals with little work experience (less than 5 years). In other words, we did not include the Executive MBA programs.

The best MBA degree programs in Madrid

Madrid is lucky to have some of the best MBA programs in Europe, some garnering international acknowledgment, like the MBA program at the IE Business School, which is considered one of the finest in the world. According to the rankings published by The Financial Times and Eduniversal, the best MBA degree programs in Madrid are the ones offered by the IE Business School, the Universidad Complutense de Madrid and the Universidad Carlos III de Madrid.

At the bottom of this page, we have provided you with a table summarizing the main information on the schools and universities where you can study an MBA in Madrid. We are not certain whether every single MBA program available appears on our list, but we do know that all of the most highly renowned have been included. If you think there is some school missing from the list, do not hesitate to contact us so that we can gather all the information on its programs.

Crystal Palace, Parque del Retiro, Madrid. A place where MBA students can visit after paying their MBA tuition fees.

Foto: Felipe Gabaldón

Public Universities

Universidad Autónoma de Madrid (UAM)

Tuition fees: €3,400 | Credits: 60 ECTS | Duration: 10 months (September – June) | Class schedule: full-time / part-time | Language: Spanish | Address: School of Economic and Business Sciences · C/ Francisco Tomás y Valiente, 5 · Universidad Autónoma de Madrid · 28049 Madrid · Spain

Internships in companies: yes, but this is considered an elective option and depends upon the current availability offered by companies.

Further information:

  • Those students who have not earned a bachelor’s degree in Business Management and Administration, Tourism, Aeronautical Management, Economics and Finance, Finance and Accounting, or Financial and Actuarial Economics are required to take an extra set of courses worth 20 ECTS. These credits also require an extra tuition fee of approximately €1,000.

MBA program website: University Master’s Degree in Business Administration (MBA) at the UAM

Universidad Carlos III de Madrid (UC3M)

Tuition fees: €19,600 | Credits: 60 ECTS | Duration: 11 months (September – July) | Class schedule: full-time | Language: English | Address: Ronda de Toledo, 1 · Universidad Carlos III de Madrid · 28005 Madrid · Spain

Internships in companies: no

Further information:

  • To gain access to this MBA program, in addition to possessing a bachelor’s degree, you must demonstrate minimum work experience of 3 years, and you are recommended to have a C1 level of English.
  • The university offers Spanish language courses for non-Spanish speaking students.

MBA program website: University Master of Business Administration (MBA) at the UC3M

Universidad Complutense de Madrid (UCM)

Tuition fees: €5,000 | Credits: 90 ECTS | Duration: 15 months (September – June / September – November) | Class schedule: full-time | Language: Spanish | Address: School of Economics and Business Sciences · Somosaguas Campus · Universidad Complutense de Madrid · 28223, Pozuelo de Alarcón, Madrid · Spain

Internships in companies: yes (required)

Further information:

  • The MBA program at UCM is one of the best MBA’s in Spain and a great option for studying an MBA in Madrid because of the excellent quality for price. In the year of 2015, the Eduniversal Ranking placed it at number 25 among the best full-time MBA degrees in Europe. It is ranked at number 4 in Spain on the same list.

MBA program website: University Master of Business Administration and Management at the UCM

Universidad Politécnica de Madrid (UPM)

The Universidad Politécnica de Madrid offers two MBA programs, one organized by the Advanced Technical School of Telecommunications Engineers, and another by the Advanced Technical School of Industrial Engineers.

Advanced Technical School of Telecommunications Engineers (GIO)

Tuition fees: €9,500 | Credits: 60 ECTS | Duration: 12 months (October – October) | Class schedule: part-time | Language: Spanish | Address: Escuela Superior de Ingenieros de Telecomunicación · Av. Complutense, 30 · Universidad Politécnica de Madrid · 28040 Madrid · Spain

Internships in companies: no

MBA program website: Master of Business Administration and Management at the UPM

Advanced Technical School of Industrial Engineers (IEN)

Tuition fees: €9,900 | Credits: 60 ECTS | Duration: 10 months (October – July) | Class schedule: part-time (afternoons / evenings) | Language: Spanish | Address: Escuela Superior de Ingenieros Industriales · C/ José Gutiérrez Abascal, 2. · Universidad Politécnica de Madrid · 28006 Madrid · Spain

Internships in companies: no

MBA program website: Master of International Business Management and Administration at the UPM

Universidad Rey Juan Carlos (URJC)

Tuition fees: €3,400 | Credits: 60 ECTS | Duration: 10 months (September – June) | Class schedule: full-time (afternoons / evenings) | Language: Spanish | Address: Argüelles Campus · Universidad Rey Juan Carlos · Madrid · Spain

Internships in companies: yes (required)

Further information:

  • This MBA program can be taken online.

MBA program website: Master’s degree in Executive Management at the URJC

Private Universities

Universidad Antonio de Nebrija

Tuition fees: €18,300 | Credits: 60 ECTS | Duration: 9 months (October – June) | Class schedule: full-time (afternoons / evenings) | Language: Spanish and English | Address: Madrid-Princesa Campus · C/ Santa Cruz de Marcenado, 27 · Universidad Antonio de Nebrija · 28015 Madrid · Spain

Internships in companies: yes (required)

Further information:

  • MBA program in Madrid intended specifically for recent graduates.
  • Includes a two-week international stay at the London School of Economics to complete two international certificate study programs: Global Economic Outlook, Trade & Emerging Markets and Professional Skills Development.
  • Includes two certificates forming part of the Harvard Manage Mentor skill program at Harvard University.

MBA program website: Master of Business Management (MBA) for Young Talents at the Universidad Antonio de Nebrija

Universidad Europea de Madrid (UE)

Tuition fees: €20,900 | Credits: 60 ECTS | Duration: 10 months (October – July) | Class schedule: part-time (afternoons / evenings) | Language: Spanish and English | Address: Alcobendas Campus · Av. de Fernando Alonso, 8 · Universidad Europea de Madrid · 28108 Alcobendas, Madrid · Spain

Internships in companies: yes (required)

Further information:

  • Students are given the opportunity to complete an academic study stay to learn about Business Operations and Management by taking a quarter in the “Technology and Operations Innovation and Entrepreneurship” course program at the University of California, Irvine (United States).

MBA program website: Master of Business Management at the UE

Universidad Francisco de Vitoria (UFV) – ADEN International Business School

Tuition fees: ? € | Credits: 60 ECTS | Duration: 9 months (October – June) | Class schedule: full-time (afternoons / evenings) | Language: Spanish | Address: C/ Orense, 69 · Universidad Francisco de Vitoria – ADEN International Business School · 28020 Madrid · Spain

Internships in companies: ?

MBA program website: Master of Business Management at the Universidad Francisco de Vitoria (ADEN)

Universidad Pontificia Comillas – ICADE Business School

Tuition fees: €22,000 | Credits: 60 ECTS | Duration: 10 months (October – July) | Class schedule: full-time (mornings) | Language: Spanish | Address: C/ Rey Francisco, 4 · Universidad Pontificia Comillas – ICADE Business School · 28020 Madrid · Spain

Internships in companies: no

MBA program website: University Master’s Degree in Business Administration at the Universidad Pontificia Comillas (ICADE)

Business Schools

CEF

Tuition fees: €9,600 | Credits: 60 ECTS | Duration: 18 months (October of Year 1 – February of Year 2) | Class schedule: part-time (Fridays and Saturdays) | Language: Spanish | Address: C/ General Martínez Campos, 5 · Centro de Estudios Financieros (CEF) · 28010 Madrid · Spain

Internships in companies: yes

Further information:

  • This MBA program in Madrid can also be completed online.

MBA program website: Master of Business Management and Administration at the Centro de Estudios Financieros (CEF)

CESMA Business School

Tuition fees: €18,900 | Credits: – ECTS | Duration: 11 months (November – October) | Class schedule: part-time (afternoons/evenings) | Language: Spanish | Address: C/ Bausá, 23 · CESMA Business School · 28033 Madrid · Spain

Internships in companies: no

Further information:

  • This very MBA program in Madrid can be taken online, as well.

MBA program website: Master of Management and Administration at the CESMA Business School

EAE Business School

Tuition fees: €26,500 | Credits: 70 ECTS | Duration: 12 months | Class schedule: full-time | Language: English | Address: C/ Joaquín Costa, 41 · EAE Business School · 28002 Madrid · Spain

Internships in companies: yes

Further information:

  • This is one of the schools with the highest scores in all the rankings. For example, the Eduniversal ranking scored it the 12th best business school in Spain.
  • This MBA program can also be taken online or through a “blended” system, with course work completed both online and in person.


MBA program website: International MBA at the EAE Business School

Escuela Europea de Negocios (EEN)

Tuition fees: ? € | Credits: 72 ECTS | Duration: ? | Class schedule: – | Language used: Spanish | Address: Paseo de la Castellana, 47 · Escuela Europea de Negocios (EEN) · 28046 Madrid · Spain

Internships in companies: ?

Further information:

  • The website of the Escuela Europea de Negocios does not provide a great deal of information. It does not furnish information on tuition fees, course duration or schedules for their MBA program. Nor does it show any e-mail address, physical address or telephone number, though you can find them quite easily by doing a search on Google. We have attempted to contact them but have been unsuccessful up to the present time.

MBA program website: Master of Business Management and Administration at the Escuela Europea de Negocios (EEN)

EOI Business School

Tuition fees: €15,900 | Credits: – ECTS | Duration: October – July | Class schedule: full-time | Language: Spanish | Address: Avenida de Gregorio del Amo, 6 · Escuela de Organización Industrial (EOI) · 28040 Madrid · Spain

Internships in companies: optional

Further information:

  • The School of Industrial Organization was founded in 1955, becoming the first business school in Spain and one of the first in Europe.
  • Students may optionally sign up for an additional major (not included in the basis tuition fee) and a trip to study abroad at international companies.
  • This MBA degree in Madrid is also available online.

MBA program website: Full-time MBA + specialization at the Escuela de Organización Industrial (EOI)

ESCP Europe Business School

Tuition fees: €32,000 | Credits: – ECTS | Duration: September – August) | Class schedule: full-time | Language: English | Address: Arroyofresno, 1 · ESCP Europe Business School · 28035 Madrid · Spain

Internships in companies: no

Further information:

  • The MBA degree program offered by ESCP Europe is an international program. Having a good level of English is an essential requirement to register.
  • Each of the two semesters which this Master’s program lasts is taught in a different city, to be chosen from among the following: Paris, London, Madrid, Turin, Berlin, Warsaw, Beijing and New Delhi.


MBA program website: MBA in International Management at the ESCP Europe Business School

ESDEN Business School

Tuition fees: €14,500 | Credits: – ECTS | Duration: October – June | Class schedule: full-time | Language: Spanish | Address: Ponzano, 87 · ESDEN Business School · 28003 Madrid · Spain

Internships in companies: yes

Further information:

  • The students in this MBA degree program in Madrid will spend one week of study in London (at the London School of Economics) or Milan (at the Marangoni Institute Design School), depending on the field of specialization they have selected.

MBA program website: Full-time MBA + specialization at the ESDEN Business School

ESEM

Tuition fees: €10,000 | Credits: – ECTS | Duration: 2 years (beginning in either October or February) | Class schedule: part-time (Friday afternoons / evenings and Saturday mornings) | Language: Spanish | Address: C/ Ángel Cavero, 16 · ESEM Escuela Internacional de Dirección Empresarial · 28043 Madrid · Spain

Internships in companies: yes (extracurricular)

MBA program website: MBA in Business Leadership, Management and Administration at ESEM

ESERP Business School

Tuition fees: €11,920 | Credits: 60 ECTS | Duration: October – June | Class schedule: full-time (afternoons / evenings) | Language: Spanish | Address: Costa Rica, 9 · ESERP Business School · 28016 Madrid · Spain

Internships in companies: no

MBA program website: Master in Business Administration at the ESERP Business School

ESIC Business School

Tuition fees: €29,600 | Credits: – ECTS | Duration: October – June (teaching period) | Class schedule: full-time (mornings) | Language: English | Address: Av. Valdenigrales, s/n · ESIC Business School · 28223 Pozuelo de Alarcón, Madrid · Spain

Internships in companies: no

Further information:

  • It is a school which scores highly in the international rankings.
  • Teaching location: 55% in Madrid and 45% in Shanghai.
  • ESIC Language School offers language training (general and/or business oriented) in French, Chinese, Spanish, and English. The School is an official examination center for the most renowned language examinations like DELE, TOEFL, or Cambridge.


MBA program website: International Master of Business Administration (IMBA) at the ESIC Business School

EUDE Business School

Tuition fees: ? € | Credits: – ECTS | Duration: ? (beginning in October or March) | Class schedule: part-time (Fridays and Saturdays) | Language: Spanish | Address: C/ Arturo Soria, 245 · EUDE Business School · 28033 Madrid · Spain

Internships in companies: no

MBA program website: Master of Business Administration and Management at the EUDE Business School

IDE – CESEM

Tuition fees: ? € | Credits: – ECTS | Duration: ? | Class schedule: part-time (afternoons / evenings) | Language: Spanish | Address: Pº General Martínez Campos, 46 · Insituto de Directivos de Empresa (IDE – CESEM) · 28010 Madrid · Spain

Internships in companies: no

MBA program website: Master of Business Administration and Management at IDE – CESEM

IEB

Tuition fees: €18,000 | Credits: – ECTS | Duration: October – July | Class schedule: part-time (Wednesdays, Fridays and Saturdays) | Language: Spanish | Address: C/Alfonso XI, 6 · Instituto de Estudios Bursátiles (IEB) · 28014 Madrid · Spain

Internships in companies: no

MBA program website: MBA with a specialization in Finance at IEB

IE Business School

Tuition fees: €65,000 | Credits: – ECTS | Duration: 1 year (with two possible course calendars: September – July or January – December) | Class schedule: full-time | Language: Spanish or English | Address: C/ María de Molina, 11-13-15 · IE Business School · 28006 Madrid · Spain

Internships in companies: no

Further information:

  • The IE Business School is one of the most prestigious business schools in the world, and its MBA program always places among the top positions on all international and European rankings, including those published by The Financial Times, Bloomberg Businessweek, América Economía and The Aspen Institute. It is an amazing choice for doing an MBA degree in Madrid if you have the budget to afford it.


MBA program website: International MBA at the IE Business School

IMF Business School

Tuition fees: €7,400 | Credits: 60 ECTS | Duration: 9 months (beginning in October or February) | Class schedule: full-time | Language: Spanish | Address: Bernardino Obregón, 25 · Campus IMF Madrid · 28012 Madrid · Spain

Internships in companies: Yes

Further information:

  • The students in this MBA program in Madrid receive two Master’s degrees, one issued by the Universidad Camilo José Cela and the other by the IMF Business School.
  • The tuition fee for the Master’s degree includes the educational credentials for Sage NominaPlus, Sage ContaPlus and Sage FacturaPlus, at no extra cost.
  • Internships are guaranteed in Madrid.

MBA program website: Full-time Master of Business Management and Administration (MBA) at IMF

The Kühnel – Villanueva University Center

Tuition fees: €9,600 | Credits: – ECTS | Duration: 12 months | Class schedule: – | Language used: Spanish | Address: C/ Claudio Coello, 11 · Centro Universitario Villanueva · 28001 Madrid · Spain

Internships in companies: optional

MBA program website: Master of Business Administration (MBA) at Kühnel

Summary Table

Business SchoolTuitionCreditsDurationLanguageInternship
Universidad Autónoma de Madrid€3,40060 ECTS10 monthsSpanishYes
Universidad Carlos III de Madrid€19,60060 ECTS11 monthsEnglishNo
Universidad Complutense de Madrid€5,00060 ECTS15 monthsSpanishYes
Universidad Politécnica de Madrid (GIO)€9,50060 ECTS12 monthsSpanishNo
Universidad Politécnica de Madrid (IEN)€9,90060 ECTS10 monthsSpanishNo
Universidad Rey Juan Carlos€3,40060 ECTS10 monthsSpanishYes
Universidad Antonio de Nebrija€18,30060 ECTS9 monthsSpanish, EnglishYes
Universidad Europea de Madrid€20,90060 ECTS10 monthsSpanish, EnglishYes
Universidad Francisco de Vitoria60 ECTS9 monthsSpanish
Comillas - ICADE Business School€22,00060 ECTS10 monthsSpanishNo
CEF€9,60060 ECTS18 monthsSpanishYes
CESMA Business School€18,900-11 months SpanishNo
EAE Business School€26,50060 ECTS12 monthsEnglishYes
EEN Escuela Europea de Negocios72 ECTSSpanish
EOI Escuela de Organización Industrial€15,900-10 monthsSpanishNo
ESCP Europe Business School€32,000-12 monthsEnglishNo
ESDEN Business School€14,5009 monthsSpanishYes
ESEM€10,000-18 monthsSpanishYes
ESERP Business School€11,92060 ECTS9 monthsSpanishNo
ESIC Business School€29,600-18 monthsEnglishNo
EUDE Business SchoolSpanishNo
IDE - CESEMSpanishNo
IEB€18,000-10 monthsSpanishNo
IE Business School€65,000-11 monthsSpanish, EnglishNo
IMF€8,50060 ECTS9 monthsSpanishYes
Kühnel€9,60012 monthsSpanish