Master in Business Administration (MBA)

European School of Economics Madrid

Program Description

Master in Business Administration (MBA)

European School of Economics Madrid

The ESE MBA takes a distinctive approach to business education and leadership by combining the most current business management theory with best business practices with a special focus on helping students to achieve their dreams and aspirations.

Ours is not an ordinary MBA… the ESE MBA transforms its graduates into visionary individuals and leaders prepared to live an enriched life and enhanced careers. If you are looking to expand the horizons of what is possible, acquire some thoughts and tools to take on your life’s journey, the first step is to enroll in the ESE MBA.

The aim of the ESE MBA programme is to provide an inter-disciplinary and integrative educational programme for individuals seeking to consolidate their managerial achievements to date and prepare for a career in senior management, ultimately at the highest strategic levels.

The programme is designed to expose programme participants to the latest thinking and practice across a wide range of management disciplines. Teaching materials are derived from cutting-edge academic research in order to develop critical powers of analysis and reflection, and practical and inter-personal skills in preparation for key leadership positions in industry, commerce and the public sector.

The MBA will equip students with an understanding of organisations, their management, and the changing global environment in which they operate. Students will build on their existing understanding of management and organisation within a framework that enables them to relate their business experience to contemporary management ideas and practices. This is achieved trough critical thinking, teamwork, creativity and personal development in a highly interactive and stimulating environment that encourages rigorous, relevant and innovative learning and research.

The key areas of specialisation for the MBA programme are:

  • Marketing
  • International Finance
  • Entrepreneurship
  • International Business
Key Features
  • Dynamic international learning environment with students from around the world, and originating from various business sectors
  • Individual attention due to small class sizes
  • Flexible format with full-time and part-time study
  • ESE comprehensive and competitive international internship programme (optional)
The main aims of the programme then are:
  • To facilitate the advanced study of organisations, their management and the changing external context in which they operate.
  • To develop knowledge and understanding of key areas of management.
  • To develop a career in business and management through the development of relevant skills at the appropriate level or to facilitate further research or study in the area.
  • To facilitate the application of knowledge and understanding of business and management to complex issues through critical and analytical approaches to management theory, practice and research.
  • To enhance the ability to evaluate management techniques, tools and models in a variety of contexts.
  • To recognise the relationship between ideas and practices.
  • To develop personal and interpersonal skills that is relevant to management and communicates the arising issues in written and oral form.
  • To equip students with the necessary knowledge and skills to achieve the appropriate level of post graduate award and continue their lifelong learning development.

It should be emphasised that the programme is an innovative process in professional development with a strong international unique component offering the students the opportunity to move between campuses each term thus enjoying an unrivalled learning experience.

The ESE Madrid centre is fully equipped with a student study area, computer lab, library, and wireless internet access.

Course Programme

The Master in Business Administration (MBA) programme is a 12-month full-time course. All of the ESE postgraduate master degree programmes are taught in English. The MBA at ESE has a standard 180 UK credit structure (90 ECTS credits). Completion of the MBA programme includes:

  • full-time, compulsory attendance
  • final business project
  • internship placement (optional)
Term I

4 core courses, common to all MBA students, regardless of specialisation, and part 1 of Leadership, Governance and Corporate Sustainability module.

Term II

4 core courses, common to all MBA students, regardless of specialisation, and part 2 of Leadership, Governance and Corporate Sustainability module.

Term III

4 specialisation courses in Marketing, International Finance, International Business or Entrepreneurship, and Part 3 of Leadership, Governance and Corporate Sustainability module.

Term IV

Optional internship placement, typically three-months in duration and final business project.



  • Financial Accounting
  • Economics
  • Research and Quantitative Business Methods
  • E-Business and E-Commerce
  • Leadership, Governance and Corporate Sustainability, Part 1
  • Strategic Management
  • Corporate Finance
  • Managing People and Motivation
  • International Marketing
  • Leadership, Governance & Corporate Sustainability, Part 2
PHASE THREE (Dependent Upon Area of Specialisation)


  • Business Ethics
  • Integrated Marketing Communication (IMC)
  • Marketing Management
  • Marketing of Services
  • Leadership, Governance & Corporate Sustainability, Part 3
  • Investment Techniques
  • Multinational Financial Management
  • Mergers and Acquisitions
  • Business Ethics
  • Leadership, Governance & Corporate Sustainability, Part 3
  • International Business Law
  • Operations Management
  • Economics of Money, Business and Finance
  • Business Ethics
  • Leadership, Governance & Corporate Sustainability, Part 3
  • Entrepreneurship
  • Strategic leadership
  • Negotiation
  • Business Ethics
  • Leadership, Governance & Corporate Sustainability, Part 3

The student is expected by Phase Four to of completed all assessments.


Marketing Specialisation

The Marketing specialisation explores critical marketing communication tools, techniques and media, giving a special emphasis to integrated marketing communications (IMC) and its recent evolution; the importance of services within modern economics and the marketing goals and strategies that need to be tailored accordingly; the concepts, principles, tools and techniques of marketing management; marketing decision-making and the relationship of marketing functions to other management functions; ethical behaviour in organisations and corporate responsibility.

International Finance Specialisation

The International Finance specialisation addresses investment decisions as taken by institutional investors (banks, insurance companies, pension funds, mutual funds), as well as by individual households; the principles of investment and risk management for individual financial products as well as portfolios of these products; a step by step perspective of the merger and acquisition process; multinational financial management decisions, global dimensions of finance, foreign exchange markets and rates, derivatives, assessing and managing exposure, acquiring capital, foreign direct investment, multinational capital budgeting, multinational cash management, international trade finance and the international tax and governance environment; ethical behaviour in organisations and corporate responsibility.

International Business Specialisation

Students in the International Business specialisation will examine issues such as the problems affecting cross-border transactions from a legal standpoint and legal issues that often arise in the international business environment; decision-making processes used in operations management, and the quantitative tools used to make effective decisions; process planning and analysis, quality management, operations strategies, facilities layout, forecasting, scheduling, and project management; the economics of business and finance and insights into the complexities of the international business environment from a European perspective; ethical behaviour in organisations and corporate responsibility.

Entrepreneurship Specialisation

The MBA specialisation in Entrepreneurship includes the study of theory building and understanding of the factors shaping the identification, evaluation, and exploitation of opportunities and the creation of new organisations; conceptual frameworks and practical tools of negotiation; strategic leadership and its impact on business performance developing analytical skills, self awareness and leadership skills; ethical behaviour in organisations and corporate responsibility.

Internship Programme

ESE offers one of the most extensive and competitive internship programmes available today. The quality of the placement service is a result of the long established relationships that ESE has fostered with global companies for years. This means that students are given excellent opportunities to enter the job market and gain exposure. The internships are structured, evaluated and recognised as an integral part of the course of study and provide each student the opportunity to spend a period of time in a work environment consistent with the chosen specialisation.

ESE has an internship department in every centre responsible for maintaining close relationships with both students and companies, in order to offer each student the possibility of entering a company or an area of business which is of true interest.

The completeness of this preparation - a mix of academic excellence, internationality and work experience - allows ESE graduates to kick off their careers without hesitation, often in the same companies that hosted them for their internships.

Entry Requirements

Entrance into one of the master programmes at ESE requires the submission of the following documents to the Admissions Office at the ESE centre of interest:

  • Application form, completed correctly
  • A good first degree (second class honours or GPA 3.0 and above)*
  • Resume / CV + Personal Statement
  • Two letters of recommendation
  • IELTS/ TOEFL/CEC** score
  • Three photographs (passport size)
  • Photocopy of passport/ID
  • Application fee (£50) to be paid online addressed to the European School of Economics***
NB: All non-English documents must be officially translated.

* Candidates who do not hold the required qualification but who are able to demonstrate relevant work experience in a managerial position or above for a minimum of 3 years will also be considered.

** Candidates who have completed their studies in the English language (at least 2 years) are not required to submit this test.

*** ESE application fees are non-refundable and must be paid (online or money order) to the European School of Economics prior to the processing of your application. Fee payment must accompany a completed application. Applications arriving without appropriate fees will not be considered.

Course Fees

  • Registration: € 1.600,00
  • Tuition: € 24.000,00
This school offers programs in:
  • English

Last updated October 23, 2017
Duration & Price
This course is Campus based
Start Date
Start date
Sept. 2018
12 months
Full time
24,000 EUR
Spain - Madrid
Start date: Sept. 2018
Application deadline Request Info
End date Request Info
Sept. 2018
Spain - Madrid
Application deadline Request Info
End date Request Info
Tuition fee