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Quick Info

Quick Info

By Term

  • Fall 2015
  • Spring 2015
  • Spring 2016
  • Academic year 2015-2016
  • Calendar year 2015
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Dates:
TBA
Deadlines:
04/01/2015
Credit:
16 semester / 24 quarter hours
Eligibility:
2.75 Overall GPA
Courses:
See descriptions below

*Please see the detailed information available below for an important note about program dates.

Map:
View Map
Dates:
TBA
Deadlines:
11/01/2014
Credit:
16 semester / 24 quarter hours
Eligibility:
2.75 Overall GPA
Courses:
See descriptions below

*Please see the detailed information available below for an important note about program dates.

Map:
View Map
Dates:
TBA
Deadlines:
11/01/2015
Credit:
16 semester / 24 quarter hours
Eligibility:
2.75 Overall GPA
Courses:
See descriptions below

*Please see the detailed information available below for an important note about program dates.

Map:
View Map
Dates:
TBA
Deadlines:
04/01/2015
Credit:
see credit information below
Eligibility:
2.75 Overall GPA
Courses:
See descriptions below

*Please see the detailed information available below for an important note about program dates.

Map:
View Map
Dates:
TBA
Deadlines:
11/01/2014
Credit:
see credit information below
Eligibility:
2.75 Overall GPA
Courses:
See descriptions below

*Please see the detailed information available below for an important note about program dates.

Map:
View Map
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Study Abroad in Santiago
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Program Overview

Program Overview

The United States isn’t the only country that does big business with China – the global economic power is also Chile’s number-one trading partner. Learn what it’s like to do business in – and with – Chile during CIEE’s Business and Culture program, specially designed for international business students. Intensive language instruction, cultural activities, visits to local and international companies, and coursework at Chile’s most prestigious business school set you up for success as you enter the global marketplace.

Study abroad in Santiago and you'll:

  • Learn or improve your Spanish through instruction specifically designed for international business students and application in the business world
  • Learn about Chile’s business sector through site visits and case study explorations
  • Immerse yourself in Chilean academic and social life through homestays, cultural and co-curricular activities, and CIEE community engagement opportunities
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Scholarships & Grants

Scholarships & Grants

We want as many students as possible to benefit from studying abroad. That’s why CIEE awards more than $3 million every year – more than any other international educational organization – to make study abroad affordable.

Applicants to this program are eligible for the following scholarships and grants:

  • Robert B. Bailey Scholarship
  • Robert B. Bailey Scholarship

    The Bailey Scholarship is awarded to students who self-identify as a member of a group that has traditionally been underrepresented in study abroad, especially ethnic minority students. Award amounts are $1,500 for semester or yearlong programs and $1000 for summer programs, applied toward the awardee’s CIEE program fee.

  • John E. Bowman Travel Grants
  • John E. Bowman Travel Grants

    The Bowman Travel Grants are awarded to students participating in CIEE study abroad programs in non-traditional locations and are meant to help to defray the costs of travel. All awards are $1,000 and are issued directly to the awardee, after all other program fees have been paid. For students whose school is billed for all fees, the award will be released within four weeks of award notification.

  • CIEE International Study Programs (CIEE-ISP) Scholarships
  • CIEE International Study Programs (CIEE-ISP) Scholarships

    In an effort to make study abroad opportunities available to the widest possible audience, CIEE-ISP Scholarships are awarded to students who demonstrate both academic excellence and financial need. $2,000 for semester or yearlong programs and $1,000 for summer programs, applied toward the awardee's CIEE program fee.

  • GAIN
  • GAIN

    CIEE created the Global Access Initiative (GAIN) to help students overcome the major barriers to studying abroad, namely costs and curriculum requirements. GAIN aids in the diversification of study abroad by providing overseas opportunities for students who are economically challenged. The award is $1500 towards an airline ticket with any remaining funds distributed to the student in the form of a check.

  • Kathleen McDermott Scholarship
  • Kathleen McDermott Scholarship

    The McDermott Scholarship is awarded to students with demonstrated financial need, and who are either a Public Health or Nursing major, and/or are participating in a CIEE Community Public Health study abroad program. Awards range from $1000-$2500, depending on duration of study and financial need, and are applied toward the awardee's CIEE program fee.

To be considered, simply check the “Scholarships and Grants” box on your program application.
Apply now

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The CIEE Difference

The CIEE Difference

Coursework

Choose from a host of specialized CIEE electives and direct enrollment courses on various aspects of local and regional business environments, management practices, entrepreneurship, and sector-specific language. You’ll also have a chance to study historical and current trends in the Chilean and Latin American business arenas, as well as the integration and role of Chile within the regional and global marketplaces.

Intensive research projects and case study explorations will help you learn how business is done in Santiago. You might even perform marketing research oriented to local communities and Chilean consumers, study business challenges in Latin American culture, or explore entrepreneur seed capital policies – all with CIEE.

Company Visits and Excursions

study abroad in Chile

See what it takes to run a successful business during guided site visits to some of the most interesting businesses and organizations in Chile. Tour the world’s largest copper mining company and learn about the challenges facing the industry today. Visit a thriving vineyard and discuss the complexities of exporting wine. You’ll also get a chance to see the Santiago Stock Exchange, as well as other popular markets and local economies in Santiago. Additional excursions and activities – such as lectures and conversations with local experts, and a can’t-miss biking trip throughout the countryside – offer practical information, history, and insight into current economic and political activities in Chile.

Immersion

The more you get to know the Chilean people, the more you’ll understand the strengths of and challenges facing the Chilean economy. That’s why you’ll live in a private home with a local Chilean family, visit important cultural and historical sites, learn the steps of the la Cueca – the Chilean national dance – and participate in community engagement and service projects that positively impact the local community.

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Dates, Deadlines & Fees

Dates, Deadlines & Fees

We want to make sure you get the most out of your experience when you study abroad with CIEE, which is why we offer the most inclusions in our fees.

The program fee includes:

  • Tuition and housing
  • Pre-departure advising and optional on-site airport meet and greet
  • Full-time program leadership and support
  • Field trips and cultural activities
  • CIEE iNext travel card, which provides insurance and other travel benefits
Please note, program dates are subject to change. Please contact your CIEE Study Abroad Advisor before purchasing airfare. Click the button to view more detailed information about dates and fees as well as estimated additional costs. Please talk with your University Study Abroad Advisor about additional fees that may be charged by your home institution when participating in a program abroad.
Program
Application Due
Start Date
End Date
Costs
Fall 2015
04/01/2015
TBA
TBA
$14,850

Program Date Notes

Program Fees

In addition to the items outlined below, the CIEE program fee includes an optional on-site airport meet and greet, full-time leadership and support, orientation, cultural activities, local excursions, pre-departure advising, language partners, volunteer opportunities, and a CIEE iNext travel card which provides insurance and other travel benefits.
Participation Confirmation *
$300
Educational Costs **
$11,512
Housing ***
$2,925
Insurance
$113

This breakdown has been prepared from the program budget for the purpose of calculating eligibility for financial aid. During the course of program operations, actual figures may vary. It should not, therefore, be used as a basis for calculation of refunds. CIEE reserves the right to adjust fees at any time.

Students required to study on CIEE programs through a School of Record will be charged a $340 administrative fee in addition to the Program Fees listed.

* non-refundable

** direct cost of education charged uniformly to all students

*** includes all meals

Estimated Additional Costs

International Airfare *
$1,500
Local Transportation
$350
Books & Supplies
$250
Visa Fees **
$160
Potential travel to consulate for visa
$500
Personal expenses
$1,800

The estimated additional costs indicated are intended to assist students and parents in budgeting for those additional living and discretionary expenses not included in the program fee. Actual expenses will vary according to student interests and spending habits.

* round-trip based on U.S. East Coast departure

** average cost

More Information
Spring 2015
11/01/2014
TBA
TBA
$14,850

Program Date Notes

Program Fees

In addition to the items outlined below, the CIEE program fee includes an optional on-site airport meet and greet, full-time leadership and support, orientation, cultural activities, local excursions, pre-departure advising, language partners, volunteer opportunities, and a CIEE iNext travel card which provides insurance and other travel benefits.
Participation Confirmation *
$300
Educational Costs **
$11,512
Housing ***
$2,925
Insurance
$113

This breakdown has been prepared from the program budget for the purpose of calculating eligibility for financial aid. During the course of program operations, actual figures may vary. It should not, therefore, be used as a basis for calculation of refunds. CIEE reserves the right to adjust fees at any time.

Students required to study on CIEE programs through a School of Record will be charged a $340 administrative fee in addition to the Program Fees listed.

* non-refundable

** direct cost of education charged uniformly to all students

*** includes all meals

Estimated Additional Costs

International Airfare *
$1,500
Local Transportation
$350
Books & Supplies
$250
Visa Fees **
$160
Potential travel to consulate for visa
$500
Personal expenses
$1,800

The estimated additional costs indicated are intended to assist students and parents in budgeting for those additional living and discretionary expenses not included in the program fee. Actual expenses will vary according to student interests and spending habits.

* round-trip based on U.S. East Coast departure

** average cost

More Information
Spring 2016
11/01/2015
TBA
TBA

Program Date Notes

Program Fees

This breakdown has been prepared from the program budget for the purpose of calculating eligibility for financial aid. During the course of program operations, actual figures may vary. It should not, therefore, be used as a basis for calculation of refunds. CIEE reserves the right to adjust fees at any time.

Students required to study on CIEE programs through a School of Record will be charged a $340 administrative fee in addition to the Program Fees listed.

Estimated Additional Costs

The estimated additional costs indicated are intended to assist students and parents in budgeting for those additional living and discretionary expenses not included in the program fee. Actual expenses will vary according to student interests and spending habits.

More Information
Academic year 2015-2016
04/01/2015
TBA
TBA
$28,200

Program Date Notes

Program Fees

In addition to the items outlined below, the CIEE program fee includes an optional on-site airport meet and greet, full-time leadership and support, orientation, cultural activities, local excursions, pre-departure advising, language partners, volunteer opportunities, and a CIEE iNext travel card which provides insurance and other travel benefits.
Participation Confirmation *
$300
Educational Costs **
$21,937
Housing ***
$5,850
Insurance
$113

This breakdown has been prepared from the program budget for the purpose of calculating eligibility for financial aid. During the course of program operations, actual figures may vary. It should not, therefore, be used as a basis for calculation of refunds. CIEE reserves the right to adjust fees at any time.

Students required to study on CIEE programs through a School of Record will be charged a $340 administrative fee in addition to the Program Fees listed.

* non-refundable

** direct cost of education charged uniformly to all students

*** includes all meals

Estimated Additional Costs

International Airfare *
$1,500
Local Transportation
$700
Books & Supplies
$500
Visa Fees **
$160
Potential travel to consulate for visa
$500
Personal expenses
$3,600
Expenses during break ***
$1,400

The estimated additional costs indicated are intended to assist students and parents in budgeting for those additional living and discretionary expenses not included in the program fee. Actual expenses will vary according to student interests and spending habits.

* round-trip based on U.S. East Coast departure

** average cost

*** academic year students are responsible for housing and meals during the semester break, which is approximately two months

More Information
Calendar year 2015
11/01/2014
TBA
TBA
$28,200

Program Date Notes

Program Fees

In addition to the items outlined below, the CIEE program fee includes an optional on-site airport meet and greet, full-time leadership and support, orientation, cultural activities, local excursions, pre-departure advising, language partners, volunteer opportunities, and a CIEE iNext travel card which provides insurance and other travel benefits.
Participation Confirmation *
$300
Educational Costs **
$21,937
Housing ***
$5,850
Insurance
$113

This breakdown has been prepared from the program budget for the purpose of calculating eligibility for financial aid. During the course of program operations, actual figures may vary. It should not, therefore, be used as a basis for calculation of refunds. CIEE reserves the right to adjust fees at any time.

Students required to study on CIEE programs through a School of Record will be charged a $340 administrative fee in addition to the Program Fees listed.

* non-refundable

** direct cost of education charged uniformly to all students

*** includes all meals

Estimated Additional Costs

International Airfare *
$1,500
Local Transportation
$700
Books & Supplies
$500
Visa Fees **
$160
Potential travel to consulate for visa
$500
Personal expenses
$3,600
Expenses during break ***
$350

The estimated additional costs indicated are intended to assist students and parents in budgeting for those additional living and discretionary expenses not included in the program fee. Actual expenses will vary according to student interests and spending habits.

* round-trip based on U.S. East Coast departure

** average cost

*** calendar year students are responsible for housing and meals during the semester break

More Information
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Eligibility
2.75 Overall GPA

Eligibility

  • Overall GPA 2.75
  • 1 semester of a college-level business course and 1 semester of economics required
  • 1 semester of college-level Spanish or the equivalent required; 2 semesters of college-level Spanish recommended
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Recommended Credit

Recommended Credit

Total recommended credit for the semester program is 16 semester/24 quarter hours and 32 semester/48 quarter hours for the academic or calendar year.

Course contact hours are 60 hours and recommended credit is 4 semester/6 quarter hours per course, unless otherwise indicated.

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Program Requirements

Program Requirements

All study abroad students are required to enroll in Spanish language course, Intercultural Business Challenges in Latin America, one elective business course, and one additional business or non-business elective.

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About the City

About The City

Chile is a long and narrow country, bordered on the east by the Andes and on the west by the Pacific Ocean. Santiago, 60 miles from the coast and the fifth largest city in South America, is home to over six million inhabitants. Visitors revel in its world-class cuisine, infectious energy, and exotic suburban parks. The capital city of Chile, Santiago, is both modern and dynamic, and the industrial, financial, and geographic center of Chile. It is the home of the regional headquarters for many national and multinational companies and organizations.

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Meet The Staff

Meet The Staff

Staff Image

Patricio Varas Guerrero

Resident Director

Patricio Varas Guerrero, Ph.D., earned his doctorate in linguistics at the Pontificia Universidad Católica de Valparaíso, Chile. His Ph.D. focuses on models of discourse processing, based on corpus linguistics, to explain how different groups use language to reach their functional goals. He lived for ten years in Bogotá, Colombia, where he earned his M.Sc. in Development Planning and Administration, from Universidad de Los Andes. His practical experience has been in the fields of international development projects and public policy at governmental organizations in Chile and Colombia, as well as teaching courses in public policy analysis at Universidad de Los Andes.

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Santiago de Chile is one of Latin America’s most modern and dynamic cities. Along with being a cosmopolitan business center, Santiago represents the great variety that can be found in Chilean culture, from the arts, economic development, and political history to the diverse entertainment and recreational experiences. In 1981, Chile entered an economic crisis but recovered quickly and, since then, has built a strong financial sector.

Chile has 16 million inhabitants, and a landscape with sharp contrasts. In the north is the world’s driest desert—the Atacama—with salt flats, copper mines, and a long, coastline on the Pacific Ocean. Central Chile has a number of valleys with productive agricultural land, plus coastal tourism in Viña del Mar and Valparaíso. Chile extends southwards through volcanoes, alpine lakes, the Andes mountain range, and medium-sized cities that reflect different aspects of Chilean culture, in particular that of the indigenous Mapuche. Chile ends in picturesque Patagonia, where the southernmost city in the world can be found on Cape Horn. Each part of Chile represents an option for new experiences and discoveries, and learning about a country with a rapidly developing economy, a rich history, and a wealth of secrets to discover. I look forward to sharing Chile with you.

— Patricio Varas Guerrero, Resident Director

Staff Image

Claudia Correa

Student Service Coordinator

Claudia Correa is a Santiago de Chile native. She completed undergraduate studies in English and a postgraduate certificate in TESOL at the Pontificia Universidad Católica de Chile. Claudia is in charge of student housing and cultural programming at the CIEE Study Center in Santiago.

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Where You'll Study

Where You'll Study

Founded in 1842, the Universidad de Chile is the country's preeminent public university with more than 23,000 undergraduate students and a faculty of 5,000. It is the largest and oldest institution of higher education in Chile and one of the oldest in the Americas. Known as "La Chile," it was recently ranked the fourth best university in all of Latin America. It offers a wide range of courses in 13 faculties located at campuses throughout Santiago. The university has produced some of the country's greatest luminaries, including two Nobel laureates (Pablo Neruda and Gabriela Mistral) and 20 heads of state. The School of Economics and Business (FEN) was the first school of its kind in Chile, and since 1934 has graduated major figures involved in the country’s development including a majority of Chile’s ministers and government officials, two former presidents, four treasury secretaries, five Central Bank presidents, and many renowned businessmen and entrepreneurs.

The modern CIEE Study Center, located on the University campus, has student meeting and study areas, classrooms, a computer lab, and wireless access.

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Housing & Meals

Housing & Meals

study abroad in Chile

Housing, three meals per day, and laundry services are included in the study abroad program fee. Academic and calendar year students are responsible for housing and meals during the break between semesters, which is approximately two weeks for the calendar year program (February to December) and two months for the academic year program (July to July).

Students live in private homes with local Chilean families. The homestay is essential to the student’s learning process and integration into life in Santiago. The opportunity to live with a Chilean family not only allows students to deconstruct stereotypes and observe real life in action, it also creates opportunities for dialogue about issues raised in their courses and practicing their Spanish language skills. Wherever possible, homestays include at least one member who speaks conversational English, even though the exclusive use of Spanish is strongly encouraged for program participants.

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Orientations

Orientations

You'll begin your study abroad experience in Santiago even before leaving home by participating in a CIEE online pre-departure orientation. Meeting with students online, the resident director shares information about the program and site, highlighting issues that alumni have said are important, and giving you time to ask questions. The online orientation allows you to connect with others in the group, reflect on what you want to get out of the program, and learn what others in the group would like to accomplish. CIEE’s aim for the pre-departure orientation is simple – to help you understand more about the program, and identify your objectives so that you arrive well-informed and return home having made significant progress towards your goals.

A four-day orientation session at the beginning of the program introduces you to the city of Santiago, Universidad de Chile, Chilean culture, and academic program. The orientation includes specially designed sessions on health and safety, local living logistics, and community engagement opportunities.

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Internet

Internet

You are encouraged to bring a wireless-enabled laptop. You'll have Internet access in your homestay as well as at Internet cafés throughout Santiago. You will also have access to computer labs at the Universidad de Chile. Please note that Internet reliability and access is not always available at the same level as in the U.S.

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Culture

Culture

Community engagement is an important cultural and educational component of this study abroad program. As part of the program, CIEE staff arranges group community engagement projects and activities for all participants with diverse organizations and communities throughout the greater Santiago area. The projects are designed to give you a firsthand look at the contemporary social and development challenges facing Santiago and its surrounding areas. Community engagement and service activities are linked to the subject matter and learning goals of the program (for example, micro- and small-business development and economic development projects).

study abroad in Chile

While these activities are optional, they are included in the program fee in order to foster higher levels of participation. Where possible, these activities may be linked to extra credit earning opportunities in the program’s required core course. You may also arrange to volunteer after school and on weekends.

The study abroad program offers you two weekend-long study trips each semester:

Valparaíso from Sea to Sky—This field trip is a three-day excursion focused on the cultural, urban, historical, and economic features of the region of Valparaíso. It includes a visit to Pomaire village (famous for pottery artesania) and Pablo Neruda´s house in Isla Negra, a full urban porteño day in the city of Valparaíso, hiking the hills of the city and navigating along the bay, and exploring Viña del Mar. The final day starts in Sanchez de Loria, the oldest vineyard of the region; moves to San Esteban to attend a typical countryside rodeo show; and ends with a visit to Portillo, a top Los Andes high mountain setting in the frontier with Argentina.

La Serena—Punta de Choros and Humbolt Penhuin Natural Reserve is a four-day trip that includes Valle de Elqui, Ovalle, Valle Hurtado & the Petrified Forest of Pichascas, and the Mamalluca Observatory. It is a multisport trip with biking and trekking activities that offer the option to see parts of Chile at a different pace and with emphasis on the culture, people, history, and geological aspects of the country. It includes a guided tour of the constellations of the southern hemisphere, and three site-specific lectures.

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Academics

Academics

Through required and elective coursework, study abroad students are afforded the opportunity to study various aspects of local and regional business environments, management practices, entrepreneurship, and sector-specific language within a university environment. Students completing the program are able to demonstrate deeper knowledge and literacy about historical and current trends in the Chilean and Latin American business arenas, as well as the integration and role of Chile within the regional and global marketplaces. Students also develop their capacity for intercultural understanding and to communicate across cultures with a focus on business communication tools and skills. As a required component of the program, students are placed in an intensive language class according to their ability as determined by a placement exam at the beginning of the program. Spanish courses specifically focused on business vocabulary and communications are available for students at all language levels.

Academic Culture

Chilean universities tend to convey knowledge through different strategies and methods; memorization and expository lectures are part of the in-class academic culture. In most classes, a great deal of emphasis is placed on note taking. Program staff and resources are available to assist students in navigating different academic challenges through orientation activities and materials, ongoing advising, and peer support with local students.

Nature of Classes

Classes instructed in English are for CIEE, Chilean, and other international students. CIEE study abroad students with sufficient Spanish language skills may also enroll in regular university courses with Chilean students.

CIEE Community Language Commitment

As students gain proficiency in Spanish, resident staff encourages them to use their language skills in everyday settings. The more students participate, the more a community that contributes to Spanish language proficiency and understanding of Chilean society develops.

Grading System

Assessment for courses is typically based on a combination of written and oral assignments and a final paper or examination. The Chilean grading scale goes from one to seven, with four being a passing grade. The CIEE Study Center office in Chile converts grades and credits to the U.S. system according to a predetermined scale.

Language of Instruction

English
Spanish (language courses only, and regular classes open to study abroad students with sufficient Spanish skills)

Faculty

Courses are taught by local Universidad de Chile faculty with postgraduate degrees.

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Course Description

Course Description

All Courses

Note: This course listing is for informational purposes only and does not constitute a contract between CIEE and any applicant, student, institution, or other party. The courses, as described, may be subject to change as a result of ongoing curricular revisions, assignment of lecturers and teaching staff, and program development. Courses may be cancelled due to insufficient enrollment.

CIEE Study Center Syllabi

To view the most recent syllabi for courses taught by CIEE at our Study Centers, visit our syllabi site.

The CIEE core course and direct enrollment business courses are all taught in English.

Required Course

Intercultural Business Challenges in Latin America
This course provides an intellectual and experiential forum for examining cultural aspects of Latin American businesses and the Latin American market, as well as common intercultural experiences in the Latin American business sector. Students study and develop the interpersonal and intercultural skills necessary for functioning in unfamiliar, complex, and cross-cultural environments. Students examine theories of culture, cultural development, and negotiation, and through business case studies and skill-building activities, gain valuable insights and skills required for negotiating intercultural business challenges within a Latin American context. The use of case studies, team exercises, and simulations allow students to develop tools for identifying and solving problems, while at the same time learning to identify differences and similarities between their own and other cultures. This course ultimately aims to provide students with an approach that is intellectual, developmental, and experiential, and allows them to negotiate region- specific cultural issues in the business sector and develop interpersonal competence. Contact hours: 60. Recommended credit: 4 semester / 6 quarter hours.

Required Spanish Language Course

The program requires all students to enroll in a Spanish language course, either regular Spanish language (beginner through advanced levels) or Spanish for Students of Business (intermediate and advanced levels, when offered). Students are assigned to language classes pursuant to a language placement test at the beginning of the semester. Intensive Spanish for Students of Business courses are offered on an enrollment-dependent basis. However, regular Spanish language classes are available to all students at all levels each semester.

Intensive Spanish for Students of Business (beginner to advanced levels)
These courses consist of an analysis of vocabulary and grammar related to various fields in the business world (marketing, finance, management, administration, etc.) in Spanish. Students are offered the opportunity to learn practical vocabulary that enables them to understand and analyze various types of essays, documents, and articles common to the business world. Courses are designed to enhance students’ oral comprehension and written expression in business settings. Students learn strategies for reading and producing business texts and reports. Special focus is placed on the use of technical vocabulary and proper grammar in a practical business context. Contact hours: 60. Recommended credit: 4 semester/6 quarter hours.

Universidad de Chile Elective Courses

Advanced Management Control
The students design a model of a management control system applied to an organization that belongs to an attractive industry in Chile. The model must satisfy specific objectives: identify their strategy and relevant relation concepts, design an integral diagnostic with management-control point of view, apply the main management-control tools, and design a specific system control that must be integrated, balanced, coordinated, and consistent with the organization and conditions. Contact hours: 60. Recommended credit: 4 semester/6 quarter hours.

Business Finance
This course seeks to impart the basic framework of investment decision making under uncertainty and modern portfolio theory. Starting from the Efficient Market Theory (EMT), we develop the theory of the relationship between risk and return of single securities (stocks, bonds, and derivatives) and portfolios of assets, including models such as the CAPM and the APT. We also learn how to apply these tools to create investment strategies and derive measures of performance to test these strategies as well as compare different approaches to modern investment practice. Finally, in an introduction to Behavioral Finance, we explore recent research into deviations from the EMT which have prompted much new research and empirical applications. Contact hours: 60. Recommended credit: 4 semester/6 quarter hours.

Corporate Finance
This course is intended for students who wish to learn and analyze the concepts and theories of modern corporate finance. It would be particularly relevant for those aspiring to careers in financial management in corporations, banks, or other financial institutions. It builds on the core finance topics covered in Finance I and Finance II. The course includes an in-depth analysis of firms’ financing choices and capital structure, valuation of corporate cash flows, institutional and legal aspects of the security issuance process, corporate dividend policy, and stock dividends and splits. Contact hours: 60. Recommended credit: 4 semester/6 quarter hours.

Development of Information Systems
The main objective of the course is to introduce students to the basic topics of management control. At the end of the course, students possess a comprehensive vision of the management control area. More specifically, we expect students to understand and be able to face the principal problems that appear when using the different control mechanisms. This is: planning, performance measurements, performance evaluation, incentives diagram, and organizational culture. Contact hours: 60. Recommended credit: 4 semester/6 quarter hours.

Economic Policy
This course explores the main challenges facing Chile’s economy today, as well as the dilemmas and limitations the economy has faced throughout the country’s recent history. The course’s focus on political economy through an historical context is based on the main theories about Latin America and Chilean economic development, and extensive discussion of evolving economic policies. Contact hours: 60. Recommended credit: 4 semester/6 quarter hours.

Globalization, Treaties, and Trade Agreements
This course explains the consequences stemming from globalized commercial activity on markets and local industries, given the complexity of the international political and economic system, and depending upon the characteristics, diversity, and multiplicity of cultures in which the activity is involved. At the course's conclusion, students are able to assess both the favorable and risky effects that emerge from this activity and understand how to modify the social, cultural, industrial, and local commercial business processes to achieve more beneficial results. Contact hours: 60. Recommended credit: 4 semester/6 quarter hours.

International Business
This course has the fundamental purpose of allowing students to develop concepts and basic tools for analysis, formulation, and management of strategies of international vusiness as a function of the objectives, opportunities, and restrictions that affect the company. Contact hours: 60. Recommended credit: 4 semester/6 quarter hours.

Marketing Research
This course examines the foundations of Marketing Research—the study of market information collection and analysis to support marketing decision making. This course is designed so that students can develop an understanding of the role of marketing research in organizations, technical concepts and terminology of marketing research, and marketing research process; acquire an appropriate knowledge of the main data collection and data analysis techniques; and develop the ability to identify the practical applications of marketing research to marketing and managerial decisions. Contact hours: 60. Recommended credit: 4 semester/6 quarter hours.

Resource Allocation and Welfare Economics
The main objective is to discuss and define the concepts of individual and social welfare, and the precise conditions that must be satisfied to reach an optimal assignation of the resources to maximize individual and social welfare. How and in what context may these conditions be accomplished within a market economy? What are the difficulties that may come up to prevent obtaining these conditions? Is there a conflict between economic efficiency and social equity? The class reviews an implementation of the theoretical derivations to the Chilean Economy. Contact hours: 60. Recommended credit: 4 semester/6 quarter hours.

System Auditing
At the end of the course, students are able to identify the different stages that must be considered to make a systems audit. Additionally, they are capable of knowing the main technological risks with which organizations and management are faced when they perform a systems audit. Contact hours: 60. Recommended credit: 4 semester/6 quarter hours.

Additional Universidad de Chile Courses

The following courses are offered every spring semester. A subset is typically offered during fall semesters.

Environmental and Natural Resource Economics
Human Resource Management
International Management
Labor Economics
Managing Organizations
Monetary Concepts of International Trade

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