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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.
This master's degree is taught 100% in English.
Official degree issued by Universidad Europea de Madrid
| Campus-based | Classes in English | Alcobendas | 9 months, 60 ECTS | Start: October 2026 | Faculty of Economics, Business and Communication Sciences |
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Testimonials
Study plan
Methodology of the Master’s Degree in International Trade and Economic Relations
- 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.
Syllabus
Programa de estudios
PRIMER CURSO
| Materia | ECTS | Tipo | Idioma de impartición |
|---|---|---|---|
| Module I: Management Skills for International Environments | 6 | Mandatory | English (En) |
| Module II: International Economic Environment | 6 | Mandatory | English (En) |
| Module III: International Finance | 6 | Mandatory | English (En) |
| Module IV: Geo-economic Areas: Developed Economies | 6 | Mandatory | English (En) |
| Module V: Geo-economic Areas: Emerging Economies | 6 | Mandatory | English (En) |
| Module VI: Company Internationalisation Strategies | 6 | Optional | English (En) |
| Module VII: Foreign Trade Instruments I | 6 | Optional | English (En) |
| Module VIII: Foreign Trade Instruments II | 6 | Optional | English (En) |
| Module VI: Quantitative Methods | 6 | Optional | English (En) |
| Module VII: Economic Research | 6 | Optional | English (En) |
| Module VIII: Business Research | 6 | Optional | English (En) |
| Module IX: In-Company Internships | 6 | Mandatory | English (En) |
| Module X: Final Master’s Project | 6 | Mandatory | English (En) |
Programme implementation
2009/2010.
Number of places for incoming student
40.
Professional Internships
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.
Student Profile
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.
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.
Admissions requirements
In order to access the master's degree, the student must meet the legal requirement in accordance with the provisions of RD 822/2021:
- The possession of an official university degree of Spanish Graduate or equivalent is a condition for access to a University Master's Degree, or in its case to have another University Master's Degree, or degrees of the same level as the Spanish Degree or Master's Degree issued by universities and institutions of higher education of a country of the European Higher Education Area that in that country allows access to Master's studies.
- Likewise, persons in possession of degrees from educational systems that do not form part of the EHEA, which are equivalent to the Bachelor's degree, may access a Master's degree of the Spanish university system, without the need for homologation of the degree, but with verification by the university of the level of training involved, provided that in the country where said degree has been issued it allows access to postgraduate university level studies. In no case will access by this route imply the homologation of the previous degree held by the person concerned or its recognition for purposes other than that of carrying out the Master's studies.
Non-English speaking students who study the degree in English must accredit a language level B2 of the Common European Framework of Reference for Languages by presenting a document issued by any officially authorized center that can accredit this level.
Faculty
The Master's faculty is made up of 70,7% PhDs
Our teaching staff
- Dr. Hongsong Wang
Director, Official Master’s Degree in International Trade and Economic Relations
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 numerous influential publications in high-impact scientific 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 former 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. - Dr. Vicente Moreno Casas
Faculty Member & Expert in International Trade and Financial Markets
Dr. Vicente Moreno Casas is an economist and educator specializing in international trade, financial markets, and the economics of complexity. He currently serves as a Professor at Universidad Francisco Marroquín (Madrid Campus) and Instructor at Texas Tech University, where he teaches courses on applied business economics, international economics, and market process theory.
Dr. Moreno earned his Ph.D. and M.S. in Agricultural and Applied Economics from Texas Tech University and holds a Master’s degree in Austrian Economics from Universidad Rey Juan Carlos. His academic journey began with a Bachelor’s degree in Economics from Loyola University, Spain. His research integrates Austrian, institutional, and complexity economics to analyze market evolution, entrepreneurship, and financial dynamics.
An active scholar, Dr. Moreno has published in international peer-reviewed journals such as the Journal of Economic Behavior & Organization, The Review of Austrian Economics, Economic Affairs, and the Review of Evolutionary Political Economy. His works examine the interplay between economic complexity, dynamic efficiency, and institutional change, contributing to debates on innovation, market coordination, and financial regulation.
Dr. Moreno has been recognized with several fellowships and awards, including the Don Lavoie Fellowship (Mercatus Center, George Mason University) and multiple distinctions from the Association of Private Enterprise Education. He regularly presents his research at leading conferences, including the Mont Pelerin Society and the Southern Economic Association.
Combining rigorous theoretical analysis with policy relevance, Dr. Moreno brings a unique perspective to international trade and financial markets, equipping students with analytical tools to understand the dynamics of globalization, entrepreneurship, and financial innovation in a complex world. - Dr. José Morales
Faculty Member & Expert in Geo-economics
Dr. José Morales is an economist, university professor, and researcher specializing in geo-economics, macroeconomic dynamics, and the history of economic thought. He serves as a faculty member in the Department of Applied Economics at Universidad Rey Juan Carlos (URJC), where he teaches courses in Macroeconomics, International Commerce, and Global Economic Relations across undergraduate and postgraduate programs.
He holds a Ph.D. in Economics (Cum Laude) from Universidad Rey Juan Carlos, with a dissertation analyzing the main theories of interest through the lens of the Austrian School and time preference theory. Dr. Morales also earned a Master’s Degree in Austrian Economics—where he received the F. A. Hayek Award for Best Academic Record—and a Bachelor’s Degree in Economics, both from URJC.
His research interests lie at the intersection of macroeconomics, economic geography, and institutional analysis. As a member of the Research Group for the Study and Monitoring of the Economic Cycle (GESCE), he examines structural transformations, interest rate theory, and the spatial organization of global economic systems.
Dr. Morales is the Editor-in-Chief of Procesos deMercado: European Journal of Political Economy and has published widely in academic journals including Semestre Económico, Encuentros Multidisciplinares, and Iberoamerican Business Journal. His most recent work with Springer Nature focuses on innovation in economic education and data visualization using macroeconomic indicators.
In addition to his academic career, Dr. Morales has professional experience as a risk analyst at MAPFRE RE, where he conducted credit risk assessments for international insurance markets.
Bringing together historical insight and contemporary policy analysis, Dr. Morales’s teaching and research offer a comprehensive understanding of how global economic forces and geographical dynamics shape trade, production, and financial systems. - Dr. Eduardo Tous
Faculty Member & Expert in Foreign Trade Instruments: Commercial Law, Arbitration, and Cybersecurity
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. - Dr. Fernando Moroy Hueto
Faculty Member & Expert in International Economics and Development
Dr. Fernando Moroy Hueto is an accomplished economist, educator, and executive with more than three decades of leadership experience in Spain’s top financial institutions. As a faculty member, he combines academic excellence with extensive practical expertise in finance, sustainability, and innovation.
He holds a Ph.D. in Economic Sciences from Universidad Rey Juan Carlos, a Bachelor’s degree in Physics from the University of the Basque Country, and completed the General Management Program (PDG) at IESE Business School. He is also a long-term member of the International Academic Program (IAP) connecting Harvard University, Harvard Business School, and Universidad Autónoma de Madrid.
Before joining academia full time, Dr. Moroy served in senior executive roles at BBVA, Banco Guipuzcoano, and CaixaBank, where he was Institutional Relations Director in Madrid. His professional portfolio extends to entrepreneurship and investment, notably as President of the Madrid Chapter of Keiretsu Forum—the world’s largest private business angels network headquartered in San Francisco.
In academia, Dr. Moroy teaches finance and sustainable economics at renowned institutions including ESCP, Universidad Camilo José Cela, Centro de Estudios Garrigues, and AFI (Analistas Financieros Internacionales). His international teaching experience spans universities in Boston, Lima, São Paulo, and Bogotá.
Dr. Moroy also contributes to the entrepreneurial ecosystem as a board advisor for various startups and as a member of the Spanish Institute of Private Equity and Venture Capital (INCARI). His teaching and research focus on sustainable finance, corporate investment, and the intersection of innovation and economic development.
With his rare blend of academic rigor and real-world leadership, Dr. Moroy inspires students to approach international economics and development through a lens of practical impact, sustainability, and entrepreneurial vision. - José Carlos Rodríguez Mata, M.A.
Faculty Member & Expert in Geo-economics
José Carlos Rodríguez Mata is an economist, educator, and journalist with extensive expertise in geo-economics, monetary theory, and international political economy. As a Faculty Member and Expert in Geo-economics, he combines academic rigor with deep insights from years of experience analyzing the intersection of economics, geography, and global policy.
He teaches courses in macroeconomics, international business policy, and economic geography at Schiller International University, Universidad de las Hespérides, and Universidad Francisco Marroquín. His teaching covers key areas such as globalization, resource distribution, comparative banking systems, and the philosophical foundations of economic thought.
Mr. Rodríguez holds a Master’s Degree in Economics from Universidad Rey Juan Carlos and a Bachelor’s Degree in Journalism from Universidad Complutense de Madrid, where he also completed doctoral coursework in economics. His research focuses on macroeconomic dynamics, monetary policy, and the spatial dimensions of economic development, integrating perspectives from the Austrian School and institutional economics.
Beyond academia, he has had a distinguished career in journalism, contributing to leading Spanish media outlets including The Objective, Voz Media, La Gaceta de los Negocios, and Libertad Digital. He also serves as Director of Fundación Numa and has played a pivotal role in organizing the Austrian Economics Congress and public policy forums at the Instituto Juan de Mariana.
Through his interdisciplinary approach—bridging geography, economics, and communication—Mr. Rodríguez offers students a unique understanding of how global economic forces shape political power, trade, and societal change in the 21st century. - Cristina Soto M.A.
Faculty Member & Expert in Foreign Trade Instruments: Business Administration, Marketing, and Digital Transformation
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. - Olecia Shevchenko, M.A.
Faculty Member & Expert in Management Skills for International Environments
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. - Felipe Macías, M.A.
Faculty Member & Expert in Company Internationalization Strategies
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.
Frequently Asked Questions
What constitutes international trade?
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.
What does a international trade professional do? What are their roles and responsibilities?
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.
What do you study for a Master’s in International Trade?
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).
Where do you study for a Master’s in International Trade?
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.



