University Carlos III Madrid. Master of business administration
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Why is the Carlos III MBA less expensive than other MBA programs?
What is the AMBA accreditation?
How long will it take to receive an answer to my request?

Is it compulsory to take GMAT and TOEFL to apply for the MBA?

Is there any scholarship or tuition discount?
Are the refresher courses compulsory?
What possibilities do I have to find a job?
Does the MBA arrange lodging for enrolled students?
Can medical insurance be obtained through the University?
 
Why is the Carlos III MBA less expensive than other MBA programs?
Carlos III is a public, non-profit university. In other schools, a large percentage of tuition is used to finance costly marketing campaigns aimed at recruiting new students for future editions. At Carlos III we limit those marketing expenses so that you pay less. We focus our expenses in maintaining and improving the quality of the program. Our high standard of quality is guaranteed by our international accreditation from the Association of MBAs.
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What is the AMBA accreditation?
International accreditations are quality certificates which are obtained after a rigorous external auditing procedure which takes into account the quality of the admissions' process, the curricular structure, the methods of delivery, the faculty, the facilities and the career opportunities (among other things). The AMBA (Association of MBAs) accreditation is one of the three big international business school accreditations, and the only one that refers strictly to MBA programs. Despite the large number of MBA programs, in Spain there are only five AMBA-accredited schools: Universidad Carlos III, ESADE, Instituto de Empresa, IESE, and EADA. Accreditation entitles our alumni to be members of AMBA, a world network of MBA professionals. For more information about AMBA please visit their web site.
http://www.mbaworld.com
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How long will it take to receive an answer to my request?
The Academic Committee reviews applications as soon as they are received. Candidates will be informed of admission no later than three weeks after reception. Original admission letters are only sent by regular mail (never by e-mail) to the address provided by the candidates in their application forms. In addition to that, candidates are informed of admission by e-mail.
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Is it compulsory to take GMAT and TOEFL to apply for the MBA?

GMAT and TOEFL are not required . However, their scores count positively towards admission.

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Is there any scholarship or tuition discount?

The University grants tuition discounts on a competitive basis among the applicants for the financial aid.

Students may apply to these scholarships in September, once they have been admitted to the Master. The grants don't include financing for travel expenses, accommodation or maintenance. In order to apply for the tuition discounts, students must have paid their registration fee.
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Are the refresher courses compulsory?

These courses are compulsory for all students regardless of their academic or professional background. The courses are offered in September.

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What possibilities do I have to find a job?

The Placement Office (Servicio de Orientación y Planificación Profesional (SOPP)) of Universidad Carlos III de Madrid is in charge of helping students to find work experience during the academic year and once they graduate.

According to current legislation, foreign students from non European Union countries are entitled to a limited period of training, but would need a work permit in order to be hired by an employer..
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Does the MBA arrange lodging for enrolled students?

We do not directly provide accommodation for our students. However, we recommend students to check the following options:

Sharing flats with other students. Students are advised to look for announcements posted by other students on campus.
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Can medical insurance be obtained through the University?
The University does not offer any medical insurance to students. Each student must arrange medical insurance by himself, either in his country of origin, or in Spain.
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Namrata Sardar
(IV Edition,MAE)
" I would recommend anyone looking at doing an MBA to the Carlos III programme ... "
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Universidad Carlos III de Madrid | c/ Madrid 126 | Edificio López Aranguren | Despacho 15.1.14 | Getafe, Madrid
Tlf.: 91 624 98 33 | Fax: 91 624 58 75 | mae@ceaes.uc3m.es