Spain, officially the Kingdom of Spain, is a sovereign state and a member state of the European Union. It is located on the Iberian Peninsula in southwestern Europe. Spanish universities regulate access to their own degrees and they fix the academic fees. They can also offer unofficial postgraduate degrees. The capital city Madrid has possibly the largest number of bars per capita of any European city and a very active nightlife.

The 1-year MBA is an advanced program of study for students who desire a greater understanding of business management. Completion of the in-depth program may give jobseekers a competitive edge in the marketplace.