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Programs : Brochure

This page is the brochure for your selected program. You can view the provided information for this program on this page and click on the available buttons for additional options.
Dates / Deadlines:

There are currently no active application cycles for this program.
Program Information:

QUICK FACTS
Location Madrid, Spain
Academic Term Autumn Quarter / Spring Quarter
Year (A/W/Sp)
Credits Varies
Eligibility Registered, matriculated MBA Foster School students in good standing; min 3.0 GPA
Language Instruction in English or Spanish
Program Manager Josie Kraft | jgkraft@uw.edu​
Priority Application Deadline January 15 (Priority Deadline)
HIGHLIGHTS
General Students will attend Instituto de Empresa through the Foster MBA. Exchange programs require a high level of independence. As such, students should show preparedness to participate in this experience.
 
PROGRAM OVERVIEW
Instituto de Empresa in Madrid, Spain focuses on three areas: the business, legal and financial training of directors and entrepreneurs in line with the new global economic framework, the generation of collective wealth via sustained support for the creation of new businesses, and the role of forum of opinion for the analysis of new trends and events within the world of business and the economy. IE has been offering outstanding MBA degree programs for more than 30 years and is recognized as one of the world's top business schools (Financial Times and The Economist rankings amongst others). With its full-time MBA programs, and its innovative blended MBA programs which combine the best of online and presential learning, IE has quickly advanced to the forefront of business education, catering to the needs of business professionals across the globe.

For more information about Instituto de Empresa and being an exchange student there, please visit their exchange student information page.

For more information about this program, please visit the Foster School of Business department website.
 
LOCATION

Site

Madrid, Spain's central capital, is a city of elegant boulevards and expansive, manicured parks such as the Buen Retiro. It’s renowned for its rich repositories of European art, including the Prado Museum’s works by Goya, Velázquez and other Spanish masters. The heart of old Hapsburg Madrid is the portico-lined Plaza Mayor, and nearby is the baroque Royal Palace and Armory, displaying historic weaponry.






 

 
ACADEMICS

Prerequisites and Language Requirements

Students participating in this exchange program must be registered Foster MBA students in good academic standing. In addition, they must have a minimum GPA of 3.0.

Credits and Conversion Scale

You will approx. receive 15 UW credits per quarter. How our office will determine the amount is through our Credit Conversion Scale for the program. 

If you would like some assistance, schedule an appointment with one of our Program Assistants here

Courses

Exchange students take a minimum of 4 courses and a maximum of 6. Deadline for course selection is early May. Access to certain elective courses may be limited. Other topics may be available in English or Spanish. More information on courses can be found here.

If you’re looking for a record of how courses from this institution have been transferred in the past, visit the credit equivalency database to help you determine what foreign courses might satisfy your academic needs here at the UW.

For more information about receiving credits for your study abroad, visit Earning credits abroad.

 
ACCOMMODATIONS

Housing

Students must arrange for their own housing. Assistance is provided by the Student Office: familie@ie.edu. Past participants have recommended using a rental agent to help secure housing.






 

 
VISA INFORMATION

The UW Study Abroad Office can't officially advise you about visas.

The volume and diversity of students participating, the shifting requirements of foreign governments, and the complexity of these applications make it impossible for us to accurately advise you on immigration policies.  

If your program requires a visa, documentation will be provided from your host institution after your acceptance. 

 
FINANCES

Program Expenses

As a participant of a university exchange, you pay an exchange fee equivalent to UW tuition (1.5 quarters of UW tuition for semester-long exchanges, and 3 quarters of UW tuition for academic year exchanges). Exchange fees are determined by UW residency status: in-state students pay an exchange fee equivalent to in-state tuition, and out-of-state students pay an exchange fee equivalent to out-of-state tuition. The exchange fee and IPE administrative fee are charged to your UW account and due by the UW tuition deadline for your term(s) of study abroad. You should also budget for additional expenses such as international airfare & transportation, books & course materials, visa & passport fees, study abroad insurance and personal expenses.

Financial Aid

  • A large percentage of UW students utilize financial aid to study abroad. Most types of financial aid can be applied to study abroad fees.
  • You can submit a revision request to increase the amount of aid for the quarter you are studying abroad. These additional funds are usually awarded in the form of loans. To apply, fill out a revision request form, attach the budget sheet (available via the link at the top of this brochure) and submit these documents to the Office of Student Financial Aid.  For more information about this process, consult the Financial Aid section of our website.
  • Consult the Financial Aid section of our website for more information on applying for financial aid, special considerations for summer and early fall programs, and budgeting and fundraising tips.

Scholarships

  • There are many scholarships designed to fund students studying abroad. The UW administers a study abroad scholarship program and there are national awards available as well.
  • Scholarships vary widely in their parameters. Some are need-based, some are location-based, and some are merit-based.
  • For UW Study Abroad Scholarships fill out a short questionnaire on your UW Study Abroad program application to be considered.  You must apply by the priority application deadline for the program in order to be considered for a scholarship.  Click the Overview tab to view application deadlines.
  • Consult our Scholarships page to learn about UW-based and national scholarships. The Office of Merit Scholarships, Fellowships, and Awards can help you learn about additional opportunities.

Budgeting Tools

We understand that figuring out your finances for study abroad can be complicated and we are here to help. Here are some ways to find additional support:

  • Click on the Budget Sheets link at the top of this brochure to view the estimated budget of all expenses for this program.
  • Contact the Global Opportunities Adviser at goglobal@uw.edu to learn more about how to pay for study abroad.
  • Attend a Financial Planning Workshop offered by UW Study Abroad – more information is on the Events page of our website.
  • Visit the Finances section of our website.
  • This useful tool is a great way to estimate how your cost of living in a particular country might compare with the cost of living you are accustomed to here in Seattle.
 
APPLICATION

Application Process

To apply to a Foster MBA exchange program:

1) Submit a UW Study Abroad application. This application includes a set of electronic signature documents related to UW policies and expectations for study abroad.

2) Submit the Foster MBA Exchange program supplemental application. This application requires you to email a personal statement, current resume, an unofficial transcript, and an application fee to jgkraft@uw.edu. For competitive programs in which more applications are received than available spots, the personal statement will be the primary means for selection. Personal statements will be assessed based on how well the student's personal interests and goals match with the program. This application should be submitted by the UW application deadline. 

3) After the UW application deadline, selected students will be notified of their nomination to the exchange program and will receive instructions to submit the exchange program application directly to the program coordinators. Students should receive confirmation from the program coordinators regarding acceptance into the program. Notification dates will vary by program. 

Note that departmental Exchanges generally focus on a specific academic discipline and often restrict participation to students in that department.  Applications and student selection for Departmental Exchanges are managed by the UW academic department, but students participating in Departmental Exchanges work with the UW Study Abroad Office to complete the same pre-departure requirements as other UW study abroad students.

Orientation

To be eligible to study abroad, you must complete the mandatory pre-departure orientation facilitated by UW Study Abroad. Visit your study abroad homepage to complete this mandatory orientation. You must also attend any program-specific orientations offered by the program director.

UW Study Abroad Office also offers several optional orientations aimed at preparing you for your study abroad experience. You can visit the Orientation section of our website to view the current schedule and to register for any optional orientation sessions that pique your interest. 

Orientation must be completed prior to the enrollment deadline for the quarter that you are studying abroad.

Disability Accommodations

The University of Washington is committed to providing access and reasonable accommodation in its services, programs, activities, and education for individuals with disabilities. To request disability accommodation for this program, contact Disability Resources for Students at least 8 weeks in advance of your departure date. Contact info at disability.uw.edu.

Withdrawals

The UW Study Abroad Fee is non-refundable once the payment contract has been submitted. Students withdrawing from a program may also be responsible for paying a percentage of the program fee depending on the date of withdrawal. More details about the withdrawal policy are included in your payment contract. Note that no part of the program fee is refundable once the program has begun.

The date of withdrawal is considered the business day a withdrawal form is received by UW Study Abroad. Notice of withdrawal from the program must be made in writing by completing the following steps:

  1. Provide notice in writing to the program director that you will no longer be participating in the program.
  2. Submit a signed withdrawal form to UW Study Abroad.

Visit the Withdrawals section of our website for more information.