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Economic Development and Growth (MADE) logo
Carlos III University of Madrid logo

Economic Development and Growth (MADE)

Carlos III University of Madrid
Tuition EUR 11,700 (Tuition (Year)) — International students; EUR 7,800 (Tuition (Year)) — EU/EEA students
Degree Master
Duration 12 months
Deadline 31 May 2026
Delivery On-campus
Location Madrid, Spain
Language English, Spanish

Program Overview

The Economic Development and Growth (MADE) at Carlos III University of Madrid is a Master programme in Humanities taught in English, Spanish over 12 months, delivered On-campus. This programme equips graduates with advanced knowledge and practical skills for professional and academic careers in the field.

Students gain a rigorous grounding in both the theoretical foundations and applied dimensions of humanities. The programme combines coursework, research components, and practical projects that develop critical thinking, problem-solving, and specialist expertise relevant to industry and research needs.

Graduates of the Economic Development and Growth (MADE) programme are well-prepared for careers in academia, industry, government, and the private sector across Spain and internationally. The programme provides an internationally recognised qualification within the Bologna higher education framework.

Key Program Features

  1. Duration: 12 months
  2. Language of instruction: English, Spanish
  3. Study mode: On-campus
  4. English requirement: IELTS 6.5
  5. Tuition: EUR 11,700 (Tuition (Year)) — International students; EUR 7,800 (Tuition (Year)) — EU/EEA students
  6. Location: Madrid, Spain

Career Opportunities

Graduates of the Economic Development and Growth (MADE) programme are prepared for diverse careers in humanities:

  1. Researcher / Academic
  2. Cultural Programme Manager
  3. Editor / Writer
  4. Translator / Interpreter
  5. Museum Curator
  6. Communications Specialist

Program Curriculum

Course Structure

  1. Microeconomics
  2. International Economics
  3. Economic growth: Theory and Empirical Methods
  4. Development Economics
  5. Advanced Research Methods
  6. Introduction to Econometrics
  7. Econometrics I: Time Series
  8. Macroeconomics
  9. Economic growth, Convergence and Globalization in the Long Run
  10. The Economic Development of Latin America in the Long Run
  11. Labour Markets in Developing Countries
  12. Agricultural Development and Rural Institutions
  13. Financial Systems in Developing Countries

Admission Requirements

Academic Requirements

For all candidates, it will be essential to demonstrate an excellent knowledge of written and spoken English to level B2 or higher than the EFR-Common European Framework of Reference for Language. The following certificates are accepted:

  • TOEFL:
    - Paper Based Test: 550 or higher
    - Computer Based Test: 213 or higher
    - Internet Based Test: 86 or higher
  • Cambridge ESOL IELTS: 5.0 points or higher
  • Cambridge ESOL General: FCE (First Certificate in English) equivalent to level B2; CAE (Certificate in Advanced English) equivalent to level C1; CPE (Certificate of Proficiency in English) equivalent to level C2
  • Cambridge ESOL BULATS (Business Language Testing Service): 60 or higher

English Proficiency: IELTS 6.5 or equivalent.

Tuition & Financial Information

Tuition Fee

EUR 11,700 (Tuition (Year)) — International students; EUR 7,800 (Tuition (Year)) — EU/EEA students

Tuition fees: EUR 11,700 (Tuition (Year)) — International students; EUR 7,800 (Tuition (Year)) — EU/EEA students

IELTS requirement: 6.5

Financial Aid & Scholarships

Contact Carlos III University of Madrid directly for scholarship, grant, and financial aid information for this programme. Many European universities offer merit-based and need-based funding for international and domestic students.

About Carlos III University of Madrid

Carlos III University of Madrid logo

Carlos III University of Madrid

Madrid, Spain

University Charles III of Madrid (UC3M) is a public university in the Community of Madrid, Spain. Established in 1989, UC3M is an institution with a distinctly international profile. It offers a...

University Profile
  • Application Deadline 31 May 2026
  • Start Date 2018-09-01
  • Language English, Spanish
  • Duration 12 months
  • Credits 60