MSc Economics

Overview

A rigorous, doctorate-oriented economics master at a department that consistently ranks among the strongest in continental Europe. Small cohort and a heavy mathematical load.

Tuition & fees

Tuition

€8,400 / year

Sample data — not verified

Estimated living cost

€1,150 / month

Indicative estimate for Madrid, not a university figure.

Admission requirements

• Bachelor in economics, mathematics or statistics
• Strong mathematics record — real analysis expected
• GRE recommended for non-EU applicants
• Two academic references

Sample data — not verified · Universidad Carlos III de Madrid — entry requirements

Language requirements

Language: English

• IELTS 6.5
• TOEFL iBT 90

Application deadline

Sample data — not verified · Universidad Carlos III de Madrid — application dates

Program structure

120 ECTS

1. 1Year 1: advanced micro, macro and econometrics
2. 2Year 2: field courses and research workshop
3. 3Master thesis, often the basis of a PhD proposal

Scholarships

• UC3M Excellence Scholarship

  Full or partial tuition, plus a maintenance grant for some awards

  View official source

About the university

A young public university with an unusually strong economics and statistics faculty and one of the largest English-taught undergraduate offerings in Spain.

Founded

1989

Students

23,000

International students

21%

Living in Madrid

Four campuses around Madrid, all on the commuter rail network. Getafe and Leganés are far cheaper to live in than central Madrid.

Application steps

1. 1For a bachelor, non-EU applicants normally need UNEDasiss credential recognition before applying; masters applicants apply directly.
2. 2Submit transcripts, CV and a motivation letter, plus a sworn translation into Spanish where required.
3. 3Provide English or Spanish (DELE B2) language certification depending on the teaching language.
4. 4Accept the place and pay the reservation fee — Spanish masters often charge this well before term starts.
5. 5Apply for the student visa, then register for your TIE residence card within 30 days of arriving.

Official sources

• Universidad Carlos III de Madrid — feesSample data — not verified
• Universidad Carlos III de Madrid — application datesSample data — not verified
• Universidad Carlos III de Madrid — entry requirementsSample data — not verified