Curriculum | INCAE Master Programs


It is a world-class MBA led by the best Faculty in Latin America, whose student body is made up of more than 14 nationalities.

The program is made up of blocks of mandatory courses balanced between the functional areas of administration. It lasts 15 months which include a Management Consulting Project. This program offers the possibility of double degrees and study tours outside the region, as part of the “Global Network Week”.

During the project (MCP), students are exposed to the current economic and business environment under the guidance of a professor. By implementing what they have learned, students gain experience in areas such as decision-making, group work, and others.



Introduction to Business Administration**


Through the Program

  • Critical Thinking and Decision Making**
  • Leadership**
  • Career Services**


  • Advanced Quantitative Methods**
  • Communication and Leadership**
  • Financial Accounting**
  • Marketing 1**
  • HHRR 1**
  • Digital Transformation 1**
  • Finance 1**
  • Operations 1**
  • Managerial Accounting**
  • Women and Leadership**
  • HHRR 2**
  • Fundamentals of Sustainability**
  • Applied Macroeconomics**
  • Global Economy**
  • Industrial Organization**
  • Political Analysis**
  • Finance 2**
  • Operations 2**
  • Marketing 2**
  • Business Strategy**
  • Management Control**
  • Digital Transformation 2**
  • Corporate Strategy**
  • Entrepreneurship / Negotiation**
  • Business Ethics**


Management Consulting Project


  • Global Network Week
  • Immersion Week


Operations & Technology

  • Supply Chain Management**
  • System Dynamics
  • Service Management
  • Operations Strategy
  • Quality Management
  • Project Management**
  • Technology-enabled Innovative Business Models


Finance & Economics


  • International Finance
  • Portfolio Management**
  • Money and Banking**
  • Corporate Finance
  • Financial Institutions and Capital Markets**
  • Mergers and Acquisitions
  • Access to Capital in Emerging Markets

These elective courses cover 80% of the candidate body of knowledge of CFA's Chartered Finantial Analyst.




  • Sustainability Management 1
  • Sustainability Management 2




  • Market Research**
  • Digital Marketing**
  • Data Mining
  • Brand Management**
  • Advanced Marketing**
  • Social Networks




  • Garage 1
  • Social Entrepreneurship
  • Recognition of Opportunities and Entrepreneurship in Latin America
  • Creation of New Ideas, Companies and Teams
  • Finance for Entrepreneurs
  • Corporate Entrepreneurship and Sustainability


Other Areas


  • Culture and Values
  • Human Resources**
  • International Strategy
  • Competitiveness of the Nations
  • Risk Management**
  • E-Business
  • Family Business


Career Services

*Example of electives that have been offered in the past. The offer and language may change without notice.

**Courses that have been taught in English in the past. The language in which they are taught may change without prior notice.

- INCAE reserves the right to change the course offering -



Executive Education

Executive MBA in Latin America
Financial Times Executive MBA Ranking 2018
Executive MBA in the World
Financial Times Executive MBA Ranking 2018

Full-Time MBA Programs

Full-time MBA in Latin America
Financial Times Global MBA Ranking 2019
Business School in Latin America
Financial Times Américas 2018
Full Time MBA in Latin America
QS Global MBA Rankings 2018
Full-time MBA in the World
Financial Times Global MBA Ranking 2019
in the world Salary percentage increase
Financial Times Global MBA Ranking 2019
in the world in Career progress
Financial Times Global MBA Ranking 2019
Full-Time MBA in Latin America with 4 Palms of Excellence.
Eduniversal 2018
MBA in Latin America
Expansión Magazine 2018
TOP 100
Full Time MBA in the world
QS Global MBA Rankings 2018
Tier 1
MBA Ranking
CEO Magazine 2019


of our faculty have a Ph.D.
of the Top 50 Latin American companies are led by incaístas
of our students are international participants