Go Global with an MBA Exchange Program
The World is Your Oyster
Many MBA programs allow for, if not encourage or require, study abroad, and students who leave, as well as those who host, are amazed at how much they learn.
International exchange programs were brought home to me at a Forté Foundation event last week in San Francisco when I met Katie Cannon, a London Business School student currently on exchange at UCLA Anderson. Katie’s infectious enthusiasm for LBS and international study—and her passion for the arts and her interest in media management— make a semester in LA perfect for her. There’s no question that the Anderson students will be learning from Katie as much as she will be learning from them.
Katie is hardly the only one studying abroad during business school. More than half of the top MBA programs offer full-term international exchange programs. London Business School is a good example. It’s a particularly international school; about 35% of its students spend a semester in a foreign country, and a typical class may have people from over 60 different countries. To facilitate exchange, LBS partners with over 30 schools worldwide, and students at those schools can also study in London.
UCLA Anderson, located in southern California, is an ideal exchange choice for students like Katie who want to pursue careers in film, television, or talent management—or even financial services and venture capital. It’s also a great home-base business school for students who want to study abroad— 20% participate in an international exchange. UCLA—along with Cornell Johnson, Duke Fuqua, NYU Stern, Chicago Booth, and Michigan Ross—is a member of the Partnership in International Management network , an international consortium of business schools, and it also has exchange agreements with schools outside that network.
UC Berkeley Haas offers exchange programs established with several leading b-schools, “if,” says the website, “you can bear to be away from Berkeley.” (Click on the Haas link for useful descriptions of each of the exchange schools.) In addition to international offerings, Haas also has an exchange with Columbia Business School, giving students the chance to spend a semester in New York City.
Most other top schools require some form of international experience during their MBA years. For example, Yale School of Management mandates that students take a short-term trip abroad in the second semester of the first year. Professors lead the trips in countries they specialize in, from Brazil to Estonia to Israel to Japan. Yale also offers a more traditional fall term international exchange for second year students. Stanford GSB also mandates a “Global Experience Requirement” which can be fulfilled by study trips or a summer immersion program.
Another resource for current or prospective b-school students interested in international study are the Centers for International Business Education and Research (CIBERs), created by Congress in 1988. To date, there are 33 CIBERs, located at universities around the country, including UNC Kenan-Flager, University of Texas McCombs, and George Washington University.
It’s all there for the asking – so make sure your passport is up-to-date and push yourself out of your comfort zone.