Course overview
Master in Finance is a postgraduate (master's) course in finance & accounting at Universidad Carlos III de Madrid in Madrid, Spain. It takes 11 months in four 7-week terms (60 ECTS), Madrid–Puerta de Toledo; 60 places, with intakes in September (one intake a year).
Universidad Carlos III de Madrid is a public institution, ranked =314 in the world in the QS World University Rankings 2027. Read the full course description, modules and entry rules on the official course page.
Key highlights
| University | Universidad Carlos III de Madrid (Public) |
|---|---|
| Location | Madrid, Spain |
| Course | Master in Finance |
| Level | Master's (postgraduate) |
| Subject area | Finance & Accounting |
| Duration | 11 months in four 7-week terms (60 ECTS), Madrid–Puerta de Toledo; 60 places |
| Tuition per year | €13,500 (≈ ₹14.3 lakh) |
| Intakes | September (one intake a year) |
| English requirement | CEFR C1: IELTS 7.0 or TOEFL iBT 95 (at least the equivalent of 4.5 per section) |
Interested in Master in Finance?A counsellor checks your eligibility and helps you apply, free of charge.
Fees and costs
Tuition for international students is €13,500 a year, about ₹14.3 lakh.
€225 per ECTS for non-EU students × 60
Living costs near the university
| Cost | In EUR | Approx. in rupees |
|---|---|---|
| Double room, accommodation onlyBills, internet and weekly cleaning included; VAT extra | €535per month | ≈ ₹56,710 |
| Single room, accommodation onlyStandard and big single rooms | €745–787per month | ≈ ₹78,970 – ₹83,422 |
| Single room, full boardAll meals included | €1,105–1,147per month | ≈ ₹1.2 lakh – ₹1.2 lakh |
| Apartment, accommodation only | €830per month | ≈ ₹87,980 |
Living costs for Spain as a whole: €9,000–14,000 a year. Approximate exchange rates (based on ECB reference rates, March 2026). Actual rates on your payment date will differ.
Plan my monthly living costsEligibility
General entry requirements at Universidad Carlos III de Madrid for master's courses. Some courses ask for more, so check the course page.
- A bachelor's degree in a relevant field; each master's sets its admission criteria (for example, English level and previous degree).
- Apply online through UC3M's master's admission process; programmes close when full.
- Pay the reservation fee after admission (€450 for Big Data Analytics, €1,500 for the business-school master's); it is deducted from tuition.
- Spanish residence or EU status must be in force before the academic year starts for EU prices; otherwise non-EU prices apply.
English requirements
For this course: CEFR C1: IELTS 7.0 or TOEFL iBT 95 (at least the equivalent of 4.5 per section).
| Test | What the university asks for |
|---|---|
| General rule (B2) | IELTS 5.5–6.5, TOEFL iBT 72–94, Cambridge First (FCE), Linguaskill 160–179 or Aptis B2. |
| Business-school master's | Management: IELTS 6.5 or TOEFL iBT 85. Finance and Marketing: C1, IELTS 7.0 or TOEFL iBT 95. |
| Engineering master's | Aeronautical Engineering: official B2 certificate covering four skills, for example IELTS 6.0. |
| Exemptions | Native English speakers and students whose university degree was taught fully in English (with proof). PTE and Duolingo are not listed. |
Intakes
This course starts in: September (one intake a year).
Upcoming intakes and deadlines in SpainHow to apply
- Check the entry requirements and the deadline on the official course page.
- Take IELTS, PTE or the test the university accepts, if you need one.
- Prepare your documents: transcripts, statement of purpose, recommendation letters and CV.
- Apply on the university's application portal and pay any application fee.
- Accept your offer, meet any conditions and pay the deposit.
- Apply for your student visa for Spain, then arrange accommodation.
Documents you'll need
- Passport
- Bachelor's degree certificate and transcripts
- CV and statement of purpose
- Official English certificate (B2 or C1, depending on the programme), unless your degree was taught fully in English
- Recommendation letters where the programme asks for them
Scholarships
UC3M master's scholarships (e.g. call AM01 for Big Data Analytics)
PG
Value: Up to 4 grants of €1,500 for Big Data Analytics in 2026/27; other master's have their own calls
Admitted master's students; each programme's call sets its criteria and deadlines (the 2026/27 Big Data call closed on 31 May 2026).
Official page
About Universidad Carlos III de Madrid
Universidad Carlos III de Madrid (UC3M) was created by an Act of the Spanish Parliament in May 1989. It is a young public university with about 25,000 students, around 30% of them international, spread across four campuses in and around Madrid.
UC3M is known for economics, business, law and social sciences, and for engineering, especially aerospace, telecommunications and data science at its Leganés school. Its Graduate School of Business runs English-taught master's in management, finance and marketing.
Similar courses
Finance & Accounting courses at other universities in Spain
- University Master's Degree in Applied Research in Economics and Businessautonomous-university-of-barcelona1 year (60 ECTS), Faculty of Economics and Business Studies, Bellaterra · €4,500 / year
- MSc in FinanceEsade1 year · €39,000 / year
- Global Master's in FinanceEsade1 year plus a global immersion · €43,200 / year
- Master in FinanceIE University10 months · €42,000 / year
- MSc in Finance and BankingPompeu Fabra University10 months (60 ECTS) · €18,500 / year
- Esade MSc in Financeuniversitat-ramon-llull1 year full time · €39,000 / year
More courses at Universidad Carlos III de Madrid
- Master in Big Data Analytics1 academic year (60 ECTS), Madrid–Puerta de Toledo; 40 places · €7,200 / year
- Master in Statistics for Data Science1 academic year (60 ECTS), Madrid–Puerta de Toledo; 40 places · €7,200 / year
- Master in Machine Learning for Health1 academic year (60 ECTS), Leganés; 40 places · €5,044 / year
- Master in Management1 academic year (60 ECTS), Madrid–Puerta de Toledo; pre-master course late August to early September; 60 places · €13,500 / year
- Master of Science in Marketing1 year full time (60 ECTS), Madrid–Puerta de Toledo; 60 places · €13,500 / year
- Master in Aeronautical Engineering90 ECTS over 3 semesters, Leganés; 80 places · €9,288 / year
FAQs
What is the fee for Master in Finance at Universidad Carlos III de Madrid?
The tuition for international students is €13,500 a year (about ₹14.3 lakh). €225 per ECTS for non-EU students × 60. Fees usually rise each year, so check the course page before you apply.
How long is Master in Finance?
The course takes 11 months in four 7-week terms (60 ECTS), Madrid–Puerta de Toledo; 60 places.
What English score do I need?
CEFR C1: IELTS 7.0 or TOEFL iBT 95 (at least the equivalent of 4.5 per section). Some universities also accept Class 12 English marks or other tests; confirm on the course page.
When can I start?
Intakes: September (one intake a year). Apply early: popular courses can fill up before the deadline.
Can Admission Mantra help me apply?
Yes. A counsellor checks your eligibility, helps you prepare your documents and statement of purpose, and guides you through the application and visa. The first conversation is free.
We researched this page on 28 Oct 2026 from the university's own pages. Fees, entry rules and intakes change every year; confirm them on the official course page before you apply. Listing a course doesn't mean Admission Mantra represents the university.