Masters abroad: preps and steps

MIM in Spain: Top Universities for MIM in Spain, Eligibility Criteria, Admission Process, Fees

Yocket Editorial Team
MIM in Spain: Top Universities for MIM in Spain, Eligibility Criteria, Admission Process, Fees Image

Spain has been underestimated when it comes to management studies compared to other well-known European study destinations. But, international students can select to study in Spain since the educational system is efficient and well-run, to provide studies of all levels with the most extensive learning opportunities possible. The same goes for taking up MIM in Spain, which offers a positive gateway to students seeking management courses.

For graduates with work experience, the Master of Management (MIM) degree provides general business and management understanding. International business colleges and universities offer MIM degrees as a cost-effective alternative to MBA degrees. We further provide you with more information about top universities in Spain offering MIM programs, eligibility criteria, admission process, and job prospects.

Table of Contents

Why Study MIM in Spain?

Due to the low educational costs and Spain's fantastic quality of life, many international students from all over the globe choose Spain for their higher education. Some benefits students can have with MIM in Spain are:

  • The one-year program will help students to gain better insight into the management field. This helps in preparing for the corporate world.
  • There are better work opportunities post-completion of MIM in Spain. Moreover, there is no compulsion to have work experience.
  • MIM universities in Spain are top class in terms of academic and infrastructure. You will get a positive vibe from studying.
  • Students after completing MIM in Spain will have good job opportunities with better yearly packages.

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Top Universities for MIM in Spain

There are many universities/colleges that offer top-level degrees that provide advanced general administration knowledge and cover a wide range of board courses such as finance, advertising, counselling, and company ventures. Some of the following universities in Spain are:

  1. IE Business School
  2. EADA Business School
  3. ESADE Business School
  4. EAE Business School
  5. GBSB Business School

So, these are some of the best universities for MIM in Spain, let’s discuss it in detail:

IE Business School

IE Business School is a business school with alumni and an undergraduate program in Madrid, Spain. The Master in Management is composed of 2 periods of central business modules and a third period of concentration. The program is designed for high-performing students with entrepreneurial skills who want an advanced and challenging business program and want to expand their opportunity scope. In the main courses during the first 2 periods, students will cover the keystones of business management and build a solid groundwork, expanding the viewpoint to see the business organisation entirely.



QS Subject Ranking 2022


Program offered


Course Duration

1 year

Program Fees

40,956 USD/ per year (3,174,704 INR)

EADA Business School

The EADA Business School is an international business school based in Barcelona. The Master of Management program is planned for international students from diverse cultural and academic backgrounds who want a broad management education with deliberate specialisations. The program focuses on providing different foundations, both social and academic. The specialisations centre around 3 important zones: global innovation, consultancy, and entrepreneurship.



QS Subject Ranking 2022


Programs Offered


Course Duration

1 year

Program Fees

22,944 USD/ per year (1,778,504 INR)

ESADE Business School

ESADE is a prestigious international private educational institution based in Barcelona, Spain. It operates two college schools, ESADE Business School and ESADE Law School, and an ESADE Executive Language Centre. By pursuing MIM in the school, you'll be trained to understand your own approaches, attitudes, and viewpoints. Furthermore, the course familiarises you with the complexity of real-world business. It expands your knowledge and gives you the tools to develop new team-building, analytical thinking, and project-management skills.



QS Subject Ranking 2022


Program Offered

MSc in International Management

Course Duration

10 Months

Program Fees

32,835 USD/ per year (2,545,205 INR)

EAE Business School

The EAE Business School, founded in 1958, is a private business school with locations in Madrid and Barcelona. The Master in STEM Management is a limited program planned for international students with less than 3 years of experience. The program covers a global outline of the company and how the organisation functions from a strategic viewpoint with the objective of evolving critical thinking. Moreover, the MIM prepares students to supervise the integration of all the areas of business activity to execute the most appropriate policies and strategies to accomplish the company’s goals.



QS Subject Ranking 2022


Program Offered


Course Duration

2 year

Program Fees

20,647 USD/per year  (1,600,452 INR)

GBSB Business School

GBSB Global Business School is an internationally certified business school in Spain and Malta that offers English-language business education to students from all over the world and prepares future graduates for global careers. A Master in Management degree at GBSB Global Business School will help students advance a widespread business insight to meet the demands of business today and be among the most competitive in their career fields. From finance and digital marketing to entrepreneurship and blockchain, students can choose to specialise in a niche attentiveness they are obsessive about.


Private School

QS Subject Ranking 2022


Program Offered

Master in Management

Course Duration

9 - 12 months

Program Fees

20,647 USD/ per year  (1,600,452 INR)

Suggested: Best MIM Colleges Without GMAT for International Students

MIM Specialisation in Spain

Universities offering MIM courses help students understand the global management scenario. Its unified concepts, implemented measurable methods, and other concepts help students to prepare themselves while learning different subjects. While the later stage focuses on various specialisations from which students can choose based on their preferences. MIM specialties include:

  • Marketing
  • Analytics
  • Economics
  • Accounting
  • Finance

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Eligibility Criteria and Requirements to Study MIM in Spain

Every student who is seeking admission for MIM in Spain needs to know the eligibility criteria and other admission processes. The following eligibility criteria required for MIM in Spain are:

  • Academic Transcripts
  • English Language Proficiency Test Scores
  • Work Experience
  • Standardised Tests
  • Passport and Visa
  • Additional Requirements

Let’s discuss it in detail:

Academic Transcripts

Most MIM in Spain programs require applicants to have a bachelor's degree in any discipline. As a result, candidates with a social sciences or arts background can similarly pertain to a MIM degree.

English Language Proficiency Test Scores

Good English language proficiency test scores are necessary to get admission to MIM in Spain. Check with your business school to see if they accept IELTS, GMAT, TOEFL, or PTE as English Language Capability Test scores.

Work experience

International students with less than 2 years of work experience can attend MIM programs. Furthermore, unlike the MBA, a competitor seeking admission to the MIM program does not need a long list of accomplishments.

Standardised Tests

To be admitted to elite B-schools in Spain, one must pass the following tests. While most business schools in Spain require a GMAT score to apply for the MIM program, certain notable foundations also accept GRE scores. It's good to double-check whether the College you're applying to requires a GMAT or GRE score.

Passport and Visa

All international students studying in Spain must have a valid passport and student visa for Spain. Remember to apply for your visa at least three months before you want to go.

Documents Required for MIM in Spain

To apply for the MIM in Spain, students need to be ready with all the documents required during the admission process:

  • Medical certificate
  • Police Clearance Certificate
  • Admission Letter
  • SOP
  • LOR
  • Proof of accommodation
  • Travel medical insurance
  • Proof of Funds

Admission Process for MIM in Spain

To seek admission for MIM in Spain you need to follow a certain admission process as per the university guidelines. Mentioned below are steps to follow the admission process:

  • Decide which college you’ll attend to apply for the MIM programs in Spain.
  • Go to the official college’s website and obtain all qualification and affirmation cycle information. Check to see if the college recognizes your bachelor's degree qualification.
  • Upload copies of the several required documents (Mark sheet, CVs, IELTS/TOEFL, GMAT/GRE scorecards) reviewed.
  • After completing and presenting your web-based application format, you will be required to complete a University Interview.
  • You will receive an acceptance letter if you clear the interview. The letter confirms your selection, following which you can reserve a place at the desired college.
  • Pay the MIM course fee in the selected business school in Spain.

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Cost of Studying MIM in Spain

The overall cost of studying MIM in Spain completely depends on the University, living, and other expenses students spend.

Tuition Fees in Spain


Cost (in USD)

Cost (in INR)

Private Universities


16,13,598 per year

Business Schools


20,16,997 per year

Cost of Living in Spain


Cost (in USD)

Cost (in INR)

In other cities


72,611 per month



1,12,951 per month

Other General Costs for MIM in Spain

Basic Utilities

119 USD

INR 9,278 per month


31 USD

INR 2,420per month

Food Cost

415 USD

INR 32,271 per month

Transportation Cost

Regular Trip

1.55 USD

INR 121

Monthly Pass

43 USD

INR 3,388

AVE Speed Rail

77 USD

INR 6,050

Suggested: Is Pursuing MIM Worth it?

Scholarships for MIM in Spain

Students pursuing MIM in Spain can also look for scholarships that will cover study costs and other expenses. There are both private and public scholarships offered for students.



CIEE Scholarships and Grants

Around 2500 USD/ (194618 INR)

ESADE MiM Scholarships for Excellence

The amount varies as per the academic excellence.

Office of Financial Aid by IE Business School

50% of the total tuition costs

UIC Barcelona Scholarship

20% waiver on the academic fees

Job Prospects After Studying MIM in Spain

There is a good job opportunity for students after completing MIM in Spain. There are top companies looking for new aspirants who carry a good knowledge about management and other prospects for the job. The average salary after MIM in Spain is around 34,690 USD/(2,70,000 INR) annually.

Job Prospects

Package (Per Annum)

HR Manager

USD 51,844/(INR 41 lacs)

PR Manager

USD 34,146/(INR 27 lacs)

Development Manager

USD 53,468/(INR 42 lacs)

Sales Manager

USD 48,959/(INR 38 lacs)

Marketing Manager

USD 40,000/(INR 32 lacs)

Project Manager

USD 41,963/(INR 33 lacs)

Suggested: Best Jobs after MIM for International Students

MIM in Spain offers a promising career for students. Pursuing the course from the right university is important and can help in shaping up a career. It is vital to have complete information about the university, career aspect after completing MIM course and other essentials. To know more about MIM programs and other related details connect with our Yocket Professional and clear your doubts hassle free.

Frequently Asked Questions about MIM in Spain

Ques. Is Spain ideal for candidates from India?

Ans. Totally! Aside from excellent training, Spain provides a perfect opportunity for candidates to learn about Spanish culture and language. It offers a better way of life with a faster rate of return.

Ques. How long will the course last?

Ans. MIM in Spain takes one to two years to complete. However, depending on the college you choose, it may differ in some cases.

Ques. What are some of the best MIM programs in Spain?

Ans. The courses available for MIM in Spain are Master's in finance, master in marketing management, master in tourism and hospitality management, etc.

Ques. Is it possible to acquire a scholarship in Spain?

Ans. It can be difficult and time-consuming to obtain a scholarship to study in Spain. However, you should begin planning for the scholarship requirements as soon as possible.

Ques. Is it necessary to get health insurance to study in Spain?

Ans. It is a requirement of your student visa to get health insurance while studying in Spain.

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