Spain, officially the Kingdom of Spain, is a sovereign state and a member state of the European Union. It is located on the Iberian Peninsula in southwestern Europe. Spanish universities regulate access to their degrees, and they fix the academic fees. They can also offer unofficial postgraduate degrees. Madrid has the largest number of bars per capita of any European city and a very active nightlife.

Students who earn a 1-year MBA can be equipped with the knowledge and skills necessary to achieve management positions in the business world. A Master of Business Administration program typically combines classwork with individual coaching for personal development.