Skip to Content

Education Abroad Office

Instituto de Empresa

Area: International Business Exchange
Location: Segovia/Madrid
Country: Spain
Term: Spring

UofSC's International Business exchange program at the Instituto de Empresa in Segovia and Madrid (IE) is designed to expose American students to a diversified Spanish life and culture. As well as cultivate students that have an international vocation and life long outlook on learning. The Instituto de Empresa (IE) has over 80 nationalities represented and 65% of the student body comes from abroad. The Instituto de Empresa is located in Segovia and Madrid. Segovia is recognized as a wealth of history and culture and Madrid is seen as a forward-looking city. Segovia was awarded UNESCO World heritage status in 1985. The historical buildings and architecture provide for a unique study atmosphere. From politics to foreign investment the city is always busy with activity and it all takes place in the heart of the city where IE University's Madrid campus is located. IE's Segovia campus is located 25 minutes from Madrid by high-speed rail. Courses are offered at both the Madrid and Segovia campuses- 3rd and 4th year courses are taught in Madrid, and 1st and 2nd year courses are taught in Segovia. Students will select either the Madrid or Segovia campus for the exchange. 

Category: 2, students must have successfully completed at least 1 or more 300-level courses in Spanish, or demonstrate evidence of equivalent capability.

Cost: UofSC resident tuition rates + in-country costs

Requirements: junior standing; International Business major

Students pay in-state tuition and fees to UofSC. Housing costs will vary depending on student's preference and proximity to campus/city center. Living costs will vary depending on lifestyle choices. Students can utilize Numbeo, an online living cost comparison tool to anticipate average costs in Madrid. Students should budget at least $600-800 per month for living costs outside of housing.

IE's exchange program is well-suited for International Business, with three tracks offered by the institution in Finance, Management & Marketing, and Economics. All offer courses taught in English. There are also a limited number of History, Elective, and Spanish courses offered to students. Students should note that non-business classes are primarily offered only at the Segovia campus. Courses are focused on student presence in class, online components and student labs. Attendance is highly important for student grades. The list of courses offered to undergraduate exchange students will be provided in the nomination instructions e- mail. 

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

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.

There are several student residences available to exchange students studying at the Madrid campus. Students can additionally use resources provided by IE to find shared apartments or homestay opportunities. 

The spring semester begins in January and ends mid to late May. The exact date depends on the specific program of study.

Incoming exchange students were treated to an exciting Orientation Week after arriving at IE University for the spring semester. International Mobility Department, in collaboration with the IEU Amigo Network organized a bunch of fun activities to get things off to a good start.

Students who attend Institutio de Empresa for a semester are required to obtain a Spanish visa. Students must appear in person at the Spanish consulate in Miami, or in their home state jurisdiction.


Challenge the conventional. Create the exceptional. No Limits.