Master in International Trade and Business
Learn how to manage Global Operations in International Markets with our Master's Degree in International Trade and Business [MITB]
Our Master is designed to give you a deep understanding of the drivers of globalization, the process of internationalization, how the global economic environment influences firms’ competitive responses, and how the world is interconnected. This program prepares you to deal with the challenges of expanding a business into new global markets along with those of managing teams across cultures and continents.
Once you complete the program, you will obtain the Master Degree in International Trade & Business from ESIC University.
Internationally accredited by AMBA and EFMD
- Part Time
Campuses
- Madrid
Language
On-site
Our Master´s Degree in International Trade & Business in Madrid has two separate tracks. You can finish all the program in Pozuelo campus, or you can go to China to realize a curricular activity with China business specializaction.
Where it is taught?
Master's in International Trade & Business [MITB] in Madrid
Our Master’s Degree in International Trade & Business in Madrid is taught at ESIC Business & Marketing School campus. Our campus in Madrid was inaugurated in 2021 and has 36 classrooms, an auditorium for 300 people, 16 work rooms, 5 meeting points, gym, mindfulness room, cafeteria and much more. Our classrooms are full of students from our master's and postgraduate programs specializing in marketing, management, and technology. The campus is the place to network, work on your ideas and learn. But, above all, it is the perfect place to live the present and build the future.
ESIC Campus in Madrid
Avenida Juan XXIII 12,
Pozuelo de Alarcón, Madrid
View on Google Maps
Phone
Modality: On-site
Duration: 12 months
Language: English
Intakes
Septiembre 2024
WHY STUDY INTERNATIONAL TRADE?
Currently, world business today requires working across countries and cultures, and it is a necessity for most firms today to have people with the skills and knowledge that allow them to compete globally. This fact opens doors for many potential students for international business, thanks to the growing need for people with the know-how for operating on a global scale:
EMPLOYABILITY
Since there are various profiles and ways for international business students to explore, one also widens their career options and job prospects.
WORK ACROSS INTERNATIONAL BOUNDARIES AND CULTURES
How to manage diverse teams, research international markets, and competition, or find new suppliers for your business.
BUILD YOUR BUSINESS KNOWLEDGE
And learn how to improve financial performance, redesign business processes, or solve commercial challenges whilst developing your skills through modules in key areas.
Why ESIC?
At ESIC we know that doing is the best way of learning. Our programme design is based on pragmatic components like tools, workshops, real-world cases, and the deployment of licenses so that you can access the labour market with the best possible preparation. Our MITB approach stands out for its many advantages :
+25 years program in all of Spain
+62,000 alumni = Network
+2,500 alumni in international trade
International experience
Job bank
ESIC Play, ICEMD, debates, activities, Tech Lab
20% of total program operations based
Best faculty in its class
Delivers the best vision and knowledge of global markets and business
Possibility to continue in a foreign university once finished
Rankings
We are proud of the national and international recognition of our programs. We are even prouder of the people who make ESIC one of the best institutions in the world. The quality of the teaching staff, employers and, above all, our students’ and alumni’s desire to excel, make ESIC and our Master´s Degree in International Trade & Business stand out with the following recognitions:
#3
SPAIN
Based on the academic structure of the program.
#4
EUROPE
Based on the reputation, the quality of the academic structure or the innovation in the way of teaching.
STUDENT’S PROFILE, WHO IS THIS MASTER FOR?
The MITB is specifically designed for professionals and graduates who, while coming from different backgrounds, have the common goal of developing their competencies in the international arena. Whether you are a seasoned manager who wants to expand personal capacities in the globalized world, or an entrepreneur that considers that acquiring expertise and knowledge in the international market will clear the path for future opportunities, the MITB strives to deliver the best in its class content for anyone interested in learning how to succeed in commerce and trade abroad.
Objectives Master Degree in International Trade & Business from ESIC University [MITB]
You will acquire the perspective on the nature of foreign trade, competitiveness and you’ll obtain the competencies to evaluate the complexity of the global business environment by mastering analytical tools for solid decision-making processes.
You will be able to develop advanced skills in managing new business models in global scenarios, and understanding the entire supply chain, from complex financial situations to SCM management.
You will be able to broaden and shape the capabilities and resources of business managers in the global business environment, providing them with the knowledge and skills demanded by modern international business organizations.
You will be prepared to face and learn how to solve complex situations in a systematic fashion in volatile and global scenarios.
You will adapt and properly operate in any business environment, or international context.
ACADEMIC STRUCTURE
Our master´s degree covers several strategic, tactical, and operational concepts used in streamlining global trade. Within the program, we focus on understanding when and how these concepts are applied, as well as on optimization methods for their adequate development.
In this module, you will learn to develop a strategic vision for ethical and sustainable decision-making related to where and how to compete, who is the target consumer or supplier, what business model we want to implement, and how we want to position ourselves to capture and generate value for the share and stakeholders and the society. All this is based on innovation, methodologies, and practical strategic tools, the knowledge and use of data, and lastly, a clear focus on the sustainability and profitability of the chosen approach:
- Macroeconomy
- Business strategy
- Business Ethics and sustainability
- Entrepreneurship
- SME & Globalization
Within the finance module, you will be able to understand the primary rules of finance, P&L, balance sheet importance, financial sources, payment methods on international markets, and financial risks to name a few. The unit delivers a holistic perspective on the financial management of international trade.
- Financial analysis
- International trade and supply chain finance
Once we have defined our strategy and the market, it is time to put it into practice and move into an operational stage that allows us to comfortably operate with other stakeholders, like suppliers or customers in terms of contract preparations, terms of sale, Incoterms®, logistics conditions or relevant paperwork to name a few. In other words, operations and the management of this discipline is the area of business concerned, with the delivery of the value the company promised and compromised to their customers and encompasses many activities.
- Global Supply Chain
- Trade policy and legal regulations
- International Operations Management
For better professional development or to be able to grow and reach management positions, it is essential that you acquire a series of skills that ultimately determine the best candidate in a selection process or internal promotions. These skills are today the most sought after by companies regardless of their size and the sector in which they are located.
All the subjects and workshops within this module are taught throughout the entire program so that you can put into practice the skills that are developed with your classmates, teachers, or in your company.
- Negotiation skills
- Cross-cultural negotiations
- Communication and leadership
- Critical thinking
For a more comprehensive development of the operational part of international trade and to acquire deeper knowledge from the Operational Management I part. Financial Risk Management
- Markets research
- Developed and emerging countries strategy
- Markets selection
- Business Plan
Within the finance module, you will be able to understand the primary rules of finance, P&L, balance sheet importance, financial sources, payment methods on international markets, and financial risks to name a few. The unit delivers a holistic perspective on the financial management of international trade.
- Business Analytics
- Financial Risk Management
- International purchasing and procurement
- Inventory Management
These specific subjects are only taught at Shanghai SISU University, specifically for the MITB students who decide to follow part of the program in China, to offer a broad perspective of “doing business in China” under four aspects, entrepreneurship, marketing, operations and finance
- Asian entrepreneurship
- Consumer behaviour and decision
- Smart operations and SCM
- Fintech accounting and corporate finance
*Academic Structure subject to change. All programs are FACE-TO-FACE but Business Reality Webinars may be held outside of class hours.
PRACTICAL ACTIVITIES
Throughout the master's degree, students will work in groups on four practical cases that encompass real situations that involve various subjects on the agenda. Students must carry out a diagnostic phase to then make decisions based on the challenge posed by the teachers. The evaluation of these cases will be carried out by delivering a document and defending it in front of the teacher.
TEACHING METHOD
TRANSFORMATIVE LEARNING BY ESIC
TRANSFORMATIVE LEARNING BY ESIC
It is an innovative training ecosystem that helps you to deploy your talent to the maximum and thus develop professionally and personally. On your journey of personal transformation, you will interact with five pillars of support, which will underpin your learning experience:
- Business reality, brought into the classroom through case studies and practical activities.
- The Soft Skills that are fundamental for your personal and professional development.
- An expert teaching and business faculty.
- A heterogeneous community of national and international students.
- All the different areas and services that ESIC puts at your disposal.
The Transformative Learning teaching method helps you by implementing innovative active learning methodologies where the teacher puts you at the centre of the learning process and guides you towards academic excellence. The aim is for you to acquire skills through the practical application of knowledge and tools.
The resources you will have at your disposal are:
- Asynchronous support materials, videos, readings, etc.
- Self-assessment.
- Tutored application and feedback.
- Practical and experiential activities.
- Assessment system that combines demonstration of individual and group achievements.
- Tutored final project.
FACULTY AND GUEST SPEAKERS
Francisco González López
Programme Director
MBA, ESSEM. Master in Marketing and Commercial Management, ESSEM. Degree in Economics, UAM. Diploma in Marketing and Commercial Management, ESSEM. Currently: Director Master MITB (International Trade and Business) & MIB (International Business). Previously: General Manager, Combiberia, S.A. Business Development Manager, SEUR.
*Faculty and guest speakers are subject to change.
Employability
86%
of our students are working in the sector one year after completing the program.
+3.700
internship offers generated through our professional development unit.
+2.200
job offers processed by our UDP.
CAREER OPPORTUNITIES
At ESIC we provide rigorous training, and its design reflects the view that offers the best training for students who want to pursue careers in the international business environment, delivering comprehensive preparation in all aspects as theoretical modeling, quantitative and empirical analysis.
Within this ecosystem, you are in the position to decide whether to pursue your own path in an entrepreneurship venture or find a position in a private international organization, government agencies, central banks, financial institutions, research, and consulting firms, trading companies, manufacturers, logistics and transport firms, export & import business, or NGOs:
- International consultant
- International marketing director and manager
- Export or import manager
- International purchasing director and manager
- Business development
- International trade specialist
- Logistics operations specialist
- Export credit risks manager
- Sales manager
- Sales director
WHERE DO OUR STUDENTS WORK?
UDP – PROFESSIONAL DEVELOPMENT UNIT
ESIC's Professional Development Unit is made up of a team of professionals dedicated to promoting your professional career, whether you are studying in the classroom or as an Alumni. You can count on the UDP if you need to enter the world of work, as they have their own employment site, although they also collaborate with international sites, fairs and career events.
With almost 4,000 work placement offers and more than 2,000 job offers, the UDP has an overall employability rate of 95% for students in the Marketing and Sales area and 100% in the communication area, among others.
INTERNSHIP AND COLLABORATING COMPANIES
In the master's degree program, you will be in constant contact with working professionals from pioneering companies, either through workshops or interventions in the program. In addition, if you are looking to complete your training with internships, ESIC offers the possibility of contacting top companies in the sector. Among them we highlight:
BUSINESS STUDY TOUR OPTIONAL
As a MITB student, you will have the opportunity to take part in an optional Business Study Tour at SISU Shanghai University (Shanghai, China) to undertake the course 'China: Doing Business Under a New Paradigm.' This course offers a deep and updated exploration of the complexities and opportunities in the business environment in China within the context of its rapid transformation.
The course is based on a combination of lectures, case studies, practical exercises, and interactive discussions, providing you with a rich and stimulating learning experience. Taught by experts in Chinese business and with access to updated resources, this BST (Business Skills Training) will equip you with the tools and knowledge needed to thrive in the dynamic and challenging Chinese market.
*If for any reason beyond our control, this destination is not available, we will do our best to offer a suitable alternative. The execution of this BST is subject to a minimum of 15 students. Places subject to availability. BST delivered 100% in English. Program subject to additional costs.
ESIC IN FIGURES
At ESIC we talk about figures. These are what define us:
Our campuses
There are many reasons why Madrid is the ideal capital to study, but we can sum it up in one: Madrid has it all. If there is one place where opportunities multiply, where everything is possible, where there is freedom to think, create and build... That place is the capital. A city that is open, welcoming and radiant. A city where you go, but from which you never want to leave.
OUR STUDENTS
8% of our MITB students work outside Europe
92% of our MITB students work in Europe
67% of our MITB students have a junior-mid profile
33% of our MITB students have a senior profile
ESIC ACCREDITATIONS
More than 55 years of history means that we have institutional agreements and collaborations that recognise our quality as a business school. These are our accreditations:
ADMISSION PROCESS
We accompany you throughout the whole process, guiding and advising you so that you choose the best option for your professional career. These are the steps to follow:
1 APPLICATION
- You request information through our form.
- An advisor will contact you in the following 24-48 hours.
- You have a first contact call and a consultancy meeting is convened for questions and doubts.
- You have a second call where all your doubts are solved, and you are guided in everything you need.
2 DOCUMENTATION
- If the programme meets your needs, you proceed to apply.
- Prepare the necessary documentation (such as university degree or certificates).
- Conduct a personal and professional essay.
- You hand in all documentation.
3 INTERVIEW
- Once the documentation is approved, you are scheduled for an interview with the program director.
- At this interview, you will be able to discuss any specifics you want to know about the program, as well as any questions you may have.
4 ENROLMENT
- After the interview, your advisor will contact you within 24-48 hours to notify you if you have been accepted into the program.
- Once you have been accepted, you have about 5 days to formalise your enrolment.
- Once the enrolment is complete, you will be given all your access (virtual classroom, e-mail...).
- Of course, our last step is always to congratulate you and to wish you the best for your studies.
TUITION AND FEES
Requests for information and your application is completely free of charge. Once you have been accepted, you have a deadline to pay the registration fee. This amount will be deducted from the final price of the programme.
THE PRICE OF Master Degree in International Trade & Business from ESIC University [MITB] IN madrid
Final price intake : 09/2024 € 17.100
SCHOLARSHIPS AND STUDY GRANTS
We do not want economic issues to be an obstacle for you to reach your objectives and ensure a training with a future. Therefore, we present you with a wide range of possibilities that will help you in this sense, both the Scholarship Plan that we have developed at ESIC, as well as those that are available to you from different public and private organisations. The scholarships and grants available are as follows:
- • In-house scholarships
- • National scholarships
- • International scholarships
- • Mobility grants for international internships
- • Insurance and financial aid
FINANCING
ESIC has financing agreements with certain banks with preferential conditions for students enrolled in any of the school's programs. The specific rules and conditions of each of these agreements can be found in the Secretary's Office. ESIC helps you with the financing of your degree.
If you live outside one of the cities where ESIC has a campus and you are looking for accommodation, we recommend a series of companies and residences dedicated to student accommodation. Find the one that best suits your needs.
More information
PLAN IMPULSE
GETTING AHEAD IS A PLUS
At ESIC we want every step you take to bring you closer and closer to the future you are building. Get a head start and access our PLAN IMPULSE:
- INNOVATION. Totally free access to 3 Workshops on AI applied to business.
- LANGUAGES. Free online course to choose from 12 languages.
- CERTIFICATIONS. Special conditions with ESIC Idiomas.
Benefit from our IMPULSA PLAN if you enroll before 30 June 2024.
MORE INFORMATION
ESIC has partnered with the Flywire platform so that you can pay your enrolment fees securely and conveniently.
Más informaciónFREQUENTLY ASKED QUESTIONS
Study grants will be communicated to you during the selection process. Our grants are adapted to each profile and date of enrolment. In addition, you can find out about the grants that ESIC offers as well as those offered by other public and private organisations.
Yes, there is a percentage of compulsory attendance in the face-to-face masters. However, you may have a small percentage of unjustified absences.
ESIC AGENDA
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