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Master’s Degree in International Trade and Economic Relations Madrid

Learn about the dynamics of markets so that you’ll to be able to operate successfully in international businesses.

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Master of Business Economics

The Master’s Degree in International Trade and Economic Relations (MUCREI) is designed to train you to understand and master the instruments used in foreign trade and in global business strategies, while at the same time delving into political, economic, and geo-strategic principles and the keys to corporate diplomacy that allow companies to successfully access the most attractive markets on a global level. You'll study specific management modules, where key aspects such as international finance, management and negotiation skills, global marketing and geo-strategic analysis are explored.

Official degree issued by Universidad Europea de Madrid

Campus-based
Classes in English or Spanish
Alcobendas 9 months, 60 ECTS
Start: 20 oct. 2025
Faculty of Economics, Business and Communication Sciences

Why study the Master’s Degree in International Trade and Economic Relations?

Experiential learning

You'll have access to practical sessions on management skills and masterclasses aimed at enhancing the development of competencies in international trade and economic relations.

Operational vision

You'll learn how the main geo-economic areas and international markets operate, and learn about the operations that are essential for the successful development of foreign trade: procedures, contracting, insurance, risks, logistics, etc.

Period of study abroad

You'll be able to round off your training with a period of study abroad that includes visits and activities in some of the most important institutions in the sphere of trade and international economic relations in the European Union and the United Nations.

Competencies

Specific international management modules will enable you to develop your knowledge of key areas such as international finance, management and negotiation skills, marketing and geo-strategic analysis.

Learn from the best

Your professors will be executives and former executives from leading companies such as KPMG, DROMMER, Maersk Line and the Esteban G. Vigil Foundation, and will familiarise you with professional realities through the analysis of real-life cases.

Boost your career by studying in Spain!

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Testimonials

Comillas
ComillasThis master’s degree offers a dynamic and comprehensive learning experience, equipping students with both practical expertise in international trade and economic relations, as well as essential academic insights in fields such as international business, international relations, and geoeconomics. Through a rigorous, interactive, and scientifically grounded methodology, we prepare future professionals and scholars to navigate and lead in the global economy.

Dr. Hongsong Wang

Director, Master’s Degree in International Trade and Economic Relations

Comillas
ComillasThis master's degree has given me the opportunity to excel in the role I'm now taking on and has made it easy for me to develop professionally in a multicultural environment. Spending a year with people from different countries gives you a broader perspective on business. Highly recommended.

Chantal Ruelas

Alumni from the Master’s Degree in International Trade and Economic Relations (Spanish version). Operations Manager at Volaris.

Study plan

  • The master's programme will provide you with a specific qualification in the field of management within international economic institutions, and the international management of companies.
  • With this degree you'll learn about global business strategies and the instruments used in foreign trade, while at the same time exploring the key political and economic aspects of the most competitive economies and emerging countries. You'll also learn about crisis management processes, mergers, expansions and integration with other companies.
  • The aim of the master’s programme is to create experts in international business, international economic relations and foreign trade management who have a practical and operations-oriented vision of the sector, fostering a spirit of entrepreneurship and creativity.
  • The course syllabus includes specific international management modules where you’ll develop your knowledge of key areas such as international finance, management and negotiation skills, marketing and geo-strategic analysis. It also includes specific modules focused on understanding and operating within the main geo-economic areas and markets, together with modules that explain the operations that are essential for the successful development of foreign trade: procedures, contracting, insurance, risks, logistics, etc.
  • You’ll be able to design and implement a company internationalisation plan. You'll develop a marketing strategy for organisations operating in international – and therefore multicultural – environments. You'll have a global vision of international business and trade, a knowledge of the institutions and organisations that govern international economic relations, and you'll gain a comprehensive understanding of the different financial markets, identifying the best opportunities for the company or institution you work for.
  • You'll be able to round off your training with a period of study abroad that will include activities and visits to some of the most important institutions in the sphere of trade and international economic relations in the European Union and the United Nations in cities such as Brussels, Strasbourg, Frankfurt and Geneva.
  • You’ll be able to access a labour market with a high employment success rate.

Programa de estudios

PRIMER CURSO

MateriaECTSTipoIdioma de impartición
Module I: Management Skills for International Environments6CompulsoryEnglish (En)
Module II: International Economic Environment6CompulsoryEnglish (En)
Module III: International Finance6CompulsoryEnglish (En)
Module IV: Geo-economic Areas: Developed Economies6CompulsoryEnglish (En)
Module V: Geo-economic Areas: Emerging Economies6CompulsoryEnglish (En)
Module VI: Company Internationalisation Strategies6CompulsoryEnglish (En)
Module VII: Foreign Trade Instruments I6CompulsoryEnglish (En)
Module VIII: Foreign Trade Instruments II6CompulsoryEnglish (En)
Module IX: In-Company Internships6CompulsoryEnglish (En)
Module X: Final Master’s Project6CompulsoryEnglish (En)

2009/2010.

40.

You'll be able to do professional internships within the framework of agreements signed with the university that will allow you to apply the knowledge you have acquired, and to develop the skills you need for employment success in the international business sector. You'll be able to do your internship at an international institution linked to foreign trade, or at companies involved in internationalisation processes.

Develop your personal and leadership skills at the Universidad Europea.

Internships are a key element of your postgraduate training. Gaining experience related to what you’ve learnt on your degree programme is the best way to enter the labour market, and to make the most of your university experience. There are two types of internships: curricular (included in your curriculum) and extracurricular (which you can do on a voluntary basis).

You’ll be able to do an in-company internship from day one. These internships are conducted with monitoring by the company and by the internship professor, as well as intermediate and final assessment reports.

Some of the companies that provide internship placements are the following:

  • Innovation Training and Consulting
  • Geovadis FDI & Trade
  • Tavex Europe
  • CBRE Group

This master’s degree is for you if you are:

A recent graduate in business administration, economics, international relations, law, engineering or another subject related to economics and business who is looking to specialise in international business and enhance their training in the global business environment.

Degree competencies

General competencies

With all of the above, and taking into account the two-pronged approach of the master's degree, we aim to develop the following general competencies in students, in accordance with the provisions of Royal Decree 1393/2007 for the master's degree level:

  • GC.1. Capacity for make correlations, honing perception and analytical skills and interpreting the environment in order to be able to integrate information and make decisions in new environments.
  • GC.2. Knowledge integration, i.e. having an integrated vision of all the dimensions of a company or international organisation, in order to be able to analyse problems and look for solutions as a group.
  • GC.3. Ability to understand and leverage cultural diversity, developing respect for diversity.
  • GC.4. Ability to work as part of a team, innovative mentality and decision-making.
  • GC.5. Communication skills (in both Spanish and English) to debate and present ideas and business projects in each area of the course syllabus to a specialised or non-specialised audience.
  • GC.6. Entrepreneurial spirit required to incorporate the knowledge and skills developed during the master's degree into a Final Master’s Project.
  • GC.7. Critical thinking skills and a capacity for self-criticism.
Specific competencies

The following are the specific competencies that graduates will be able to demonstrate on completing their master's degree:

  • SC.1. Ability to lead projects and teams using an integrated ethical and socially responsible approach, assessing the impact of decisions made on profits, the market, people and society.
  • SC.2. Mastery of the fundamentals of the world’s major economic areas, in order to translate these into competitive advantages for the company.
  • SC.3. Understanding the international legal, fiscal, business and technological framework within which a company operates, and its impact on business activity when it comes to embarking on international projects.
  • SC.4. Ability to analyse the international economic environment. Ability to carry out assessments, and to plan strategically for the medium and long-term using existing tools.
  • SC.5. Development of high-level management competencies: leadership, emotional intelligence, communication skills, team management, group work, planning, conflict resolution, negotiation and results orientation, always from a multicultural perspective and with respect for diversity.
  • SC.6. Comprehensive understanding of international financial markets, as well as financial instruments, with a view to helping companies and organisations to define their financial policy.
  • SC.7. Definition and implementation of marketing, sales and communication strategies for a multinational company opening up to new markets.
  • SC.8. Management of the resources required to successfully implement a plan for company internationalisation, relaunching a new activity or the opening up of the company to new markets.
  • SC.9. Identification of the risks involved in the process of business internationalisation and providing advice on tools and instruments that can protect the company from these risks.
  • SC.10. Proactively promote the use of technology in the processes that affect the different areas of decision making, facilitating efficiency, innovation and the generation of knowledge for companies immersed in processes of internationalisation.

Employability

Be the Professional that International Companies Demand

The most comprehensive master's degree designed to create experts in international business, international economic relations and foreign trade management, who have a practical and operations-oriented vision of the sector and mastery of the tools used in global companies.

Bringing you Closer to Professional Realities

On the Master's Degree in Foreign Trade and International Economic Relations, professionals who are working in major companies are involved in teaching on the master's degree programme, bringing students closer to professional realities through the analysis of real-life cases.

Some of these companies are:

  • ICEX
  • AVANTE
  • CECO

Career Opportunities

  • The expansion departments of large companies operating in different sectors, international consultancies, international law firms, government institutions, SMEs that want to embark on the internationalisation process, consultancy services for all types of organisations or your own entrepreneurial initiatives.

Employability

  • Eighty-eight percent of Universidad Europea students find a job within 12 months of completing their studies.

Admissions

Start your future at Universidad Europea

You can become a student at Universidad Europea in three easy steps.

1

Admission exams

Start your admission process by calling +34 917407272 or request information and our advisors will contact you.

2

Place reservation

Once you have been admitted, secure your place by paying the reservation fee.

3

Enrollment

Submit the required documents to formalise your enrollment.

Scholarships and financial aid

We want to help you. If you want to study at the Universidad Europea, you will have at your disposal a wide selection of own and official scholarships.

Credit recognition and transfers

You don’t have to stick with something you don’t like. That’s why we’ve designed specific plans for credit recognition and transfers.

Request your online credit recognition review, transfer your academic file and start studying at Universidad Europea.

Faculty

  • Dr. Hongsong Wang
    Máster's director

    Dr. William Hongsong Wang is a distinguished economist and educator specializing in entrepreneurship, development economics, history of economic thought, economic history, and environmental economics (free-market approach). He holds a Ph.D. in Economics from Complutense University of Madrid, where he graduated cum laude, and has extensive experience in both academia and research, with with numerous influential publications in high-impact scientfic journals.
    As the Director of the Official Master’s Degree in International Trade and Economic Relations (English Edition) at the European University of Madrid, Dr. Wang oversees the program’s strategic direction, curriculum development, and faculty coordination. His leadership ensures that students receive a rigorous and globally relevant education in international trade and economic relations.
    In addition to his administrative role, Dr. Wang is an active researcher and serves as the Head of Research at the Fundación para el Avance de la Libertad in Madrid. His work focuses on economic policy and social freedoms in Spain and European Union.
    Dr. Wang has an extensive teaching portfolio, offering courses in macroeconomics, microeconomics, global business, and the history of economic thought at the European University of Madrid and previously at Francisco Marroquín University Madrid Campus. His dedication to education is complemented by his international experience, having received prestigious fellowships and research grants from institutions such as the Mises Institute and the Mont Pelerin Society.
    Fluent in English, Spanish, Mandarin Chinese, and Shanghainese, Dr. Wang brings a multicultural and interdisciplinary perspective to his teaching and research, making him a valuable asset to the university and the broader academic community.
  • Olecia Shevchenko
    Ms. Olecia Shevchenko is a seasoned consultant and educator specializing in foreign trade, international market promotion, and business development. With over two decades of professional experience, she has played a key role in facilitating commercial exchanges between Spain and East Europe, organizing trade missions, exhibitions, and business networking initiatives.
    Currently, she serves as a freelance consultant, collaborating with businesses and institutions to enhance their market presence in East Europe. Her expertise spans across market research, trade promotion, and strategic planning, with notable contributions to projects such as Olives From Spain in the Estern European market.
    Beyond her consultancy work, Ms. Shevchenko Crespo has a strong academic presence, delivering specialized courses on foreign trade at prestigious institutions like ESIC Business & Marketing School, the European University, and ICEX-CECO.
    Her academic background includes a Master of Business Administration (MBA) from the European Business School in Madrid and a Law degree from the International University of Moscow, where she graduated with honors. She also holds a Sommelier Diploma from the School of Sommelier Wine People in Moscow.
    A polyglot fluent in Russian, Spanish, and English, she brings a global perspective to her work, combining analytical rigor with practical insights in international trade and business strategy.
  • Dr. Pablo Aguirre Carmona
    Dr. Pablo Aguirre Carmona is a distinguished economist and educator specializing in international economics, development policy, and capital regulation. Currently serving as an Assistant Professor at the Universidad Autónoma de Madrid, he is dedicated to teaching and mentoring students in economic policy, financial markets, and international development.
    With a Ph.D. in International Economics and Development from Universidad Complutense de Madrid, Dr. Aguirre’s research has gained widespread recognition, including an award-winning dissertation on capital flow regulation in Brazil, Peru, and Iceland. His academic journey also includes a Master’s in International Economics and Development, a Magister in Development and International Aid, and a degree in Physics from the University of the Balearic Islands, where he was honored with the Premio Extraordinario de Licenciatura.
    Dr. Aguirre has an extensive teaching background, having previously held faculty positions at Universidad Complutense de Madrid and IE University. His scholarly work is published in leading journals such as the Journal of Economic Issues and the International Review of Economics & Finance, where he explores financial crises, capital account regulation, and development policy.
    Beyond academia, he has contributed to policy-oriented research projects with organizations like the Spanish Ministry of Foreign Affairs, UNICEF, and Fundación Carolina, focusing on development financing, policy coherence, and South-South cooperation.
    A committed researcher and educator, Dr. Aguirre combines academic expertise with real-world insights, equipping students with a comprehensive understanding of global economic challenges and policy solutions.
  • Hongning Bi
    Faculty Member & Expert in International Trade and Financial Markets
    Mr. Alan Hongning Bi is an experienced professional in international trade, financial consulting, and investment strategies, bringing a unique combination of academic knowledge and real-world expertise to his teaching and research.
    He holds a Bachelor’s degree in International Trade from Universidad Complutense de Madrid, where he developed a strong foundation in marketing, sales negotiation, and commercial communication. His professional journey spans multiple financial sectors, including crypto asset management, investment advisory, and financial consulting.
    Currently serving as a Senior Financial Consultant at OVB Holding Spain, he specializes in investment planning, financial product sales, and client portfolio management. Previously, he worked as an Operating Manager at Bixin Group, a global crypto asset management firm handling over $4 billion in assets, where he led sales strategies, customer relations, and market analysis.
    As an independent investor, Mr. Bi has been an early investor in prominent blockchain projects like Celer Network, Algorand, and Dapper Labs. His deep expertise in DeFi (Decentralized Finance), financial instruments, and monetary policy further enhances his contributions to academia and professional development.
    Fluent in Chinese, English, and Spanish, Mr. Bi offers a global perspective on international trade, financial markets, and digital assets, making him an invaluable asset in academic and professional circles.
  • Dr. András Tóth
    Dr. András Tóth is a scholar in labor sociology, political science, and public administration, with an extensive academic and research career spanning over three decades.
    Dr. Tóth earned his Ph.D. from the Hungarian Academy of Sciences, focusing on civil society and trade unions. He also holds a Master’s degree in Sociology from Eötvös Loránd University and a Bachelor’s degree in Public Administration.
    His academic work is deeply rooted in labor relations, industrial policies, and Austrian economic theory, with extensive research on the intersection of market dynamics, institutional development, and labor movements in Central and Eastern Europe.
    Fluent in Hungarian, English, and Spanish, Dr. Tóth combines historical insight with contemporary policy analysis. His research and teaching continue to shape discussions on economic policy, state administration, and social transformation in modern economies.
  • Felipe Macías
    Mr. Felipe Macías is a seasoned consultant and educator specializing in international trade, market expansion, and global business strategies, particularly in the agri-food and meat industries. With more than 20 years of experience, he has played a key role in advising SMEs, multinational companies, and public institutions on export promotion and international marketing.
    He holds a Law degree from Universidad Autónoma de Madrid and a Master’s in International Trade from ICEX-CECO, equipping him with a solid foundation in international commerce, legal frameworks, and export strategies.
    As an independent consultant based in Madrid, Spain, he has worked with government trade agencies, industry associations, and corporate clients to develop export strategies, conduct market research, and organize trade missions. His expertise includes internationalization processes, market entry strategies, and business matchmaking.
    In addition to his consulting work, Mr. Macías is a recognized educator, having taught international trade and business strategy at institutions such as Universidad de Barcelona, Universidad Politécnica de Madrid, Instituto Europeo de Posgrado, and Fundación CECO.
    His professional experience includes key roles such as: Marketing Representative for Europe at the United States Meat Export Federation, Business Consultant for Canada Beef, Seafood In-Market Representative for Southern Europe at Food Export USA-Northeast, General Manager at the Spanish Serrano Ham Consortium, leading international promotion efforts, Senior Consultant at Agerón Internacional, working on global trade strategies for SMEs and governments
    Fluent in Spanish, English, French, and Portuguese, Mr. Macías brings a global perspective to his work, combining strategic vision with hands-on expertise to support businesses and institutions in navigating international markets successfully.
  • Cristina Soto
    Ms. Cristina Soto is a multidisciplinary professional and educator, specializing in business administration, marketing, digital transformation, and data analysis. With a diverse academic and professional background, she brings a unique blend of expertise in strategic consulting, financial analysis, and technology-driven business solutions.
    She holds a Bachelor’s Degree in Business Administration (BBA) from IE Business School, where she earned an Academic Excellence Scholarship, as well as an Engineering Degree in Computer Science from UNIR, specializing in Software Engineering and Computing. Additionally, she has pursued a Master’s in Secondary Education, a Master’s in Educational Neuropsychology, and is currently completing a Master’s in Austrian Economics at Universidad Rey Juan Carlos.
    Cristina has held leadership positions in various organizations, including: Director of Systems at Ananda Gestión ETT S.L., Co-Founder and CEO of Stratop & Growth S.L., a strategic marketing and digitalization consultancy, Marketing and Operations Director at Grupo Raza Nostra, overseeing 52 restaurants and food industry operations, Head of Innovation and Digitalization at the Hospitality Association of Gipuzkoa, Operations Supervisor at AREAS S.A., managing hospitality services at Madrid-Barajas Airport
    Beyond her executive roles, she has experience as a university lecturer, private tutor, and professional trainer in mathematics, economics, computer science, and business strategy. Her technical expertise spans data analytics, artificial intelligence, cybersecurity, and cloud computing, holding certifications in Google Analytics, Microsoft Azure, AWS Cloud, and cybersecurity from INCIBE.
    Fluent in Spanish and English, with additional proficiency in French, Cristina’s interdisciplinary knowledge, combined with her entrepreneurial spirit and passion for innovation, makes her a versatile expert in business strategy, digital transformation, and international trade.
  • Dr. Eduardo Tous
    Dr. Eduardo José Tous Granda is a distinguished legal scholar, corporate lawyer, and professor, specializing in commercial law, international arbitration, and cybersecurity regulation. With an impressive academic and professional background, he has established himself as a leading authority in corporate governance, insurance law, and digital risk management.
    He holds a Ph.D. in Law with International Mention (Sobresaliente Cum Laude) from Universidad Complutense de Madrid, where he was awarded the Extraordinary Doctorate Award and the Real Academia Española de Doctores Prize. He has furthered his expertise with certifications from Harvard Law School in Law and Economics and Harvard Kennedy School in Cybersecurity Risk Management.
    Dr. Tous has an extensive teaching career, serving as a Professor of Commercial and Corporate Law at Universidad Complutense de Madrid, Universidad Francisco Marroquín, IE University, and Cardenal Cisneros Higher Education Center, among others. His academic contributions extend to co-directing the University Expert Degree in Digital Law and Cybersecurity.
    Beyond academia, he is an active legal practitioner and founder of SLA Legal Partners, providing advisory services in corporate law, international arbitration, and regulatory compliance. He has previously worked at Moscardó Abogados and De Andrés de Artíñano Abogados, specializing in commercial disputes and corporate arbitration.
    Dr. Tous is also a Senior Researcher for leading legal journals, including the Revista General de Derecho de los Sectores Regulados and Revista Española de Seguros, contributing to key publications on insurance law, mutual organizations, and cybersecurity in financial markets.
    Fluent in Spanish, English, and French, he brings an international perspective to his work, blending legal expertise with corporate strategy and emerging technology risks, making him a highly sought-after legal expert and educator in international business law and arbitration.

Academic quality

As part of its strategy, the University has an internal quality plan whose objective is to promote a culture of quality and continuous improvement, and which allows it to face future challenges with the maximum guarantee of success. In this way, it is committed to promoting the achievement of external recognitions and accreditations, both nationally and internationally; the measurement and analysis of results; simplification in management; and the relationship with the external regulator.

View

Internal Quality Assurance System (IQAS)
Monitoring of the quality degree

Members of the Degree Quality Comittee (CCT)

  • Postgraduate Director
  • Postgraduate Coordinator
  • Programme Director
  • Students
  • Faculty (Postgraduate Final Project Coordinator and Internship Coordinator)
  • Quality Partner (Quality and Academic Compliance)
  • Academic Advisor
  • Responsible of Learning Assesment
  • Academic Director
  • Online Tutor

Main results

Regulations

Frequently Asked Questions

Trade, or the buying and selling of goods and services, benefits everyone (buyers and sellers) and if this trade also extends globally, the advantages are further enhanced. According to the Ricardian model, each country should specialise in the production and export of those goods where it has a comparative advantage over other countries.

The internationalisation of companies means they are better able to use their resources, opening up to new markets at a global level.

An expert in international trade might advise companies on how to internationalise, designing a plan for international expansion, including a marketing and communication plan, that is based on the resources available and on others that can be obtained through government aid or through the financial markets.

Designing a good international business plan is key for a company seeking to increase its profits by attracting customers in new markets in other countries.

You study the management skills that are needed for understanding and analysing the international economic environment. Furthermore, you develop the design skills you need to be able to develop an international business plan that enables companies to efficiently leverage their resources and expand their markets globally, while at the same time respecting the environment and in line with the United Nations' Sustainable Development Goals (SDGs).

The Universidad Europea de Madrid’s Master's Degree in International Trade and Economic Relations offers an extremely comprehensive course syllabus, one that covers all the key areas that are essential for the training of future professionals in the field of foreign trade and international economics, and that is taught by professors who are experts in internationalisation. The methodology used in class, which is fundamentally practical and participatory, allowing students to learn by doing, should also be highlighted.

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