Business Management and Finance

Madrid is the capital and most-populous city of Spain. The city has almost 3.4 million inhabitants and a metropolitan area population of approximately 6.7 million. It is the second-largest city in the European Union (EU), surpassed only by Berlin in its administrative limits, and its monocentric metropolitan area is the second-largest in the EU, surpassed only by Paris. Madrid lies on the River Manzanares in the center of both the country and the Community of Madrid region, of which it is also the capital. As the capital city of Spain, seat of government, residence of the Spanish monarch, Madrid is also the political, economic and cultural centre of the country. Madrid houses the headquarters of the UN's World Tourism Organization (UNWTO), the Ibero-American General Secretariat (SEGIB), the Organization of Ibero-American States (OEI), and the Public Interest Oversight Board (PIOB). It also hosts major international regulators and promoters of the Spanish language: the Standing Committee of the Association of Spanish Language Academies, headquarters of the Royal Spanish Academy (RAE), the Instituto Cervantes and the Foundation of Urgent Spanish (Fundéu BBVA). Madrid organises fairs such as FITUR, ARCO, SIMO TCI and the Madrid Fashion Week.

Tourist Places

Prado Museum

Explore Buen Retiro Park and the Crystal Palace

Royal Palace and Gardens

Wander through the Plaza Mayor

Puerta del Sol: The Heart of the City

Museo Nacional Centro de Arte Reina Sofía

Weather in July

Daily high temperatures increase by 4°F, from 88°F to 92°F, rarely falling below 78°F or exceeding 99°F. The highest daily average high temperature is 92°F on July 30. Daily low temperatures increase by 3°F, from 61°F to 64°F, rarely falling below 54°F or exceeding 70°F. For reference, on July 23, the hottest day of the year, temperatures in Madrid typically range from 64°F to 92°F, while on January 15, the coldest day of the year, they range from 33°F to 50°F.

Transportation

Madrid is served by highly developed transport infrastructure. Road, rail and air links are vital to maintain the economic position of Madrid as a leading centre of employment, enterprise, trade and tourism, providing effective connections with not only other parts of the region, but also the rest of Spain and Europe as a whole. Three quarters of a million people commute into the city to work,   and these and other local travellers have available a high-capacity metropolitan road network and a well-used public transport system based on the Metro, the Cercanías local railways, and a dense network of bus routes.

Top Universities

University of Navarra

Pompeu Fabra University

Universidad Carlos III de Madrid

Autonomous University of Barcelona

University of Valencia

University of Granada