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Education Abroad Office

Universidad de Chile - Facultad de Economia y Negocios (FEN)

Area: International Business Exchange
Location: Santiago
Country: Chile
Term: Spring

UofSC's exchange program in Chile is designed to expose American students to Chilean life, culture, and business studies. The program is located at the School of Business and Economics (Facultad de Economia y Negocios - FEN) within the University of Chile. Chile is a country known for its startling contrasts and extreme beauty. Chile extends along the southwest coast of South America, stretching alongside the Pacific Ocean while never exceeding more than 177km in width. Chile also enjoys one of South America´s most stable and prosperous economies as well as a long democratic tradition. Santiago is the capital of Chile as well as a major commercial, industrial and cultural area. The country´s economic, administrative and political activity is concentrated in the city of Santiago. A few kilometers away are major ski resorts and there is also fast and easy access to the beaches and rural areas.

Founded in 1933, the Universidad de Chile's School of Economics and Business was the first school of economics and business administration in the country. The undergraduate business school is consistently ranked as one of the top undergraduate business schools in Chile. Students on this program should expect rigorous classes and a high degree of independence.

Category: 2, must have successfully completed 1 or more 300-level (or higher) courses in Spanish, or demonstrate evidence of equivalent capability

Cost: UofSC resident tuition rates + in-country costs

Requirements: junior standing; International Business major

Students on an exchange program will pay tuition and fees directly to UofSC. Housing, books, meals, and personal expenses will be paid in Chile. A single person living in a one-bedroom apartment in Santiago Centro, taking public transportation and generally being budget-conscious but still enjoying Santiago could live on $1,300 USD per month. Information on budgeting is available here.

Students typically earn 12-15 credit hours per semester. The majority of the classes are taught in Spanish. However in recent years, the FEN has increased the number of business courses offered in English.  Approximately 15 to 20 classes are taught in English each semester. Please note that many courses require a background in quantitative reasoning. 

To see courses UofSC students have taken at this university, please reference the Registrar's Course Equivalency Table

Exchange students at FEN have the opportunity to participate in several volunteer activities and organizations on campus or in the community. These include the FEN Language Partners program, where UofSC students are paired with Chilean students in order to promote cultural and language exchange. Students also have the opportunity to apply for a teaching assistantship in FEN English classes. Volunteer positions in local high schools also exist. 

Exchange students will also have access to the extra-curricular activities and business visits and excursions are organized throughout the semester by FEN International Student Services. All international students will have access to all sports activities and facilities at FEN, such as the soccer field, a multipurpose field, a climbing wall and a Fitness Center

Per university policy, all UofSC students will be charged emergency medical, evacuation and repatriation insurance for their time abroad. Contact the Education Abroad Office for more details. The University of Chile also requires proof of international health insurance coverage, and USC's insurance plan meets this requirement.

UofSC students participating in this exchange can choose between host families and single/shared student apartments. The Office of International Affairs at the University of Chile will provide accepted students with information and a handbook of suggested housing sites to help students arrange accommodations prior to arrival.

The University of Chile has two semesters. The first semester is from early March to mid-July. The second semester is from late July to late November.  International Business students will attend FEN for the first (spring) semester. 

A mandatory orientation session is held for exchange students upon arrival in Chile. More information will be provided to students upon placement into the program. Typically, orientation will take place 2 days prior to the start of the semester. Topics and activities those days include: academic information, life in Santiago and FEN, tour of campus, a cultural activity to meet Chilean and other international students, and a presentation on culture shock with coping strategies.

All students must have a visa to study in Chile for more than 90 days. Students must apply for the visa in person at a Chilean Consulate in the US. UofSC students and South Carolina residents can apply through the Consulate in Miami. The visa costs approximately $131 and the application may require an HIV test and FBI background test, in addition to the required financial and academic documents. FBI Background checks can take several weeks and up to two to three months to obtain; students are encouraged to request an FBI check early in their application process and prior to acceptance into the university.



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