Spain is known for its beautiful cities, and at its heart, Madrid is praised for its vibrant atmosphere and nightlife. As a major European capital and business hub, Madrid offers all the facilities a student could need:
- Universities and graduate schools that offer high academic standards, abundant library resources, and superior research facilities
- An excellent transport system that makes moving around Madrid easy: the subway comprised of 12 lines serves the whole city
- Student organizations and residences that provide help with information on the city, financial aid, and housing.
Historical buildings and monuments stand side by side with breathtaking modernity to provide a backdrop steeped in the Spanish culture and way of life, from the lively streets of La Latina to the green open spaces of El Retiro. Madrid has always been immersed in culture: there are the magnificent collections and ongoing exhibitions at the Prado Museum and the Thyssen-Bornemisza Museum, live performances in Madrid’s numerous theatres and venues, as well as music concerts, fairs, and festivals.
The cost of living in Madrid is lower than in most European capitals. Food is relatively cheap and going out is very affordable. The cost of accommodation, however, is comparable to that of other European capitals, so sharing an apartment is probably the best option for most students. In addition to saving on costs, sharing a flat with Spaniards or other international students will be an enriching experience, and will help build a network of close friends from around the world.
Thanks to excellent connections by bus, train, and plane, Madrid is only a few hours away from other major cities in Spain, as well as other European capitals. Low cost companies and frequent offers enable travel all over Europe at very reasonable prices to iconic cities such as Rome, London, or Paris, which is a great way to round off an unforgettable international adventure.
IE Business School