Welcome to Management in Madrid
Welcome to Management In Madrid! Here, you will find valuable information about the management course that takes place in Madrid, Spain. Get ready to explore experiences shared by past participants, view captivating photos from previous trips, and discover a wealth of tips and tricks to enhance your learning journey.
Course Details
Course Goals
1. To introduce business students to management topics such as planning, leading, motivating,
managing groups and teams, human resources, organizational strategy, diversity, and related
areas.
2. To help students develop their ability to recognize and diagnose organizational issues and
topics from a managerial perspective.
3. To help students develop a toolbox of management frameworks for addressing topics
common to most businesses.
4. To apply management frameworks, and construct possible outcomes
5. To engage in hands-on exercises and activities that relate to management topics
MGT 330
6. To examine business news articles and identify effective and ineffective activities that align
with management best-practice frameworks
7. Compare and contrast multiple frameworks related to a single management topic and
describe the possible outcomes related to each framework
8. Employ critical thinking skills to analyze real-world business scenarios and apply learned
frameworks and theories
Office Visit La Liga
Our visit to La Liga Legends showed how a company can grow revenue through smart, efficient strategies. A key takeaway was their use of licensing. They allow other businesses to use their brand instead of producing all merchandise themselves. This expands reach and brings in steady income without the overhead of production and shipping.
The company focuses heavily on decisions that either increase revenue or cut costs. For example, they have shifted to targeted digital marketing, using analytics to reach more fans for less money. They also rely on fan engagement data to choose which legends and clubs to promote, ensuring their products match what fans actually want.
By keeping their team small and data-driven, they manage to stay efficient and cost-effective. Overall, the visit was a great example of how brand value and smart use of data can drive business success.
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Dorm Life
During our MGT330 study abroad program in Madrid, we were housed at Yugo Madrid El Faro, a student residence designed for international and exchange students. The dormitory offers well-maintained, air-conditioned double rooms, each furnished with two beds, two desks, two wardrobes, a compact refrigerator, microwave, and a private bathroom with a shower. Room assignments were made based on gender, with roommates paired randomly.
Most students in our group were placed on the same floor, promoting a sense of community, while others were just one or two floors apart. The inclusion of a mini-fridge and microwave was especially convenient; we recommend stocking up on bottled water upon arrival, as many students experienced fatigue and dehydration due to jet lag and the time difference.
Each room was supplied with basic necessities including towels, toilet paper, and bedding. However, soap is not provided and should be purchased independently, which are available at nearby supermarkets for under €5.
Yugo El Faro also features several shared amenities:
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Community room for socializing
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Multiple study rooms for focused work
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Vending machines offering snacks and drinks
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Laundry room with detergent provided (approx. €5 per wash-and-dry cycle)
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Small gym for exercise
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Café area for casual dining or coffee
Overall, the residence hall provided a clean, comfortable, and supportive environment that enhanced our study abroad experience.