Fundação Getúlio Vargas (FGV): São Paulo

Graduate Global Immersion in Brazil

Program Dates: 

The academic calendar at FGV will differ from the University of Minnesota and all exchange students are expected to be at their host campus on the first day of orientation and through the last day of final exams.

Fall Semester 2015 (2nd Semester):

August 3 - Novemeber 27

Spring Semester 2016 (1st Semester):

February 9 - June 19

FGV: Brazil





Brazilian Skyline

Brazilian Skyline

Sao Paulo

Sao Paulo

Sao Paulo, Brazil

Sao Paulo, Brazil

Location details

  • Fundação Getúlio Vargas (FGV) is the largest private business school in Latin America, in the largest capital city in South America.
  • The FGV immersion experience allows students the opportunity to explore business topics in the dynamic Brazilian context. As a pioneer of business administration education in Brazil, FGV will immerse you in teaching, research, and consulting.


  • Exchange students arrange their own housing in Sao Paulo with resources shared by FGV
  • The Inernational Network is an association of FGV students that assists incoming exchange students to find accomodations and sublet announcements

Academics and credits

  • Graduate exchange students must enroll in the minimum number of credits outlined by the host university.  The UMN does not have a minimum course requirement for graduate students on semester exchange.
  • Courses transfer back as S/N on UMN transcripts.
  • Business courses taught in English and Portuguese are available to exchange students.
  • An intensive Protuguese Language Course is offered to the students, although no credit is given. 
  • For information about specific courses available to exchange students please meet with an adviser.


  • currently enrolled in a Carlson Full-time MBA, Part-time, MBA or M.A-HRIR program
  • In good academic standing with a minimum GPA of 3.0
  • Additional criteria may apply
  • The University of Minnesota is committed to the policy that all persons shall have equal access to its programs, facilities and employment without regard to race, color, creed, religion, national origin, sex, age, marital status, disability, public assistance status, veteran status, or sexual orientation

Visa and Passport

  • All Carlson students are responsible for obtaining a passport before they participate on a study abroad program
  • All students participating on an exchange program will be responsible for obtaining a visa or residence permit if requried by their host country.  The Carlson Global Institute will not process visa applications for students participating on exchange programs and are not visa experts.
  • The Carlson Global Institute and the host university will provide resources for visa and residence permit applications if necessary, but students will need to work with the consulate and/or visa processing company directly as well.

What is a business exchange program?

  • Successful exchange students demonstrate a high degree of independence, adaptability, and flexibility because support and services will be different from a US university
  • You are enrolled as an exchange student at a host university and take business courses in English
  • You take courses with students from the host university as well as other exchange students from around the world
  • You attend the host university according to their term dates which differ from the University of Minnesota
  • A small group of Carlson students are selected to study at each partner university per semester and are fully immersed in another country, culture, and education system
  • You will work closely with both Carlson School advisers and advisers from the host university for support pre-departure and during your semester abroad

Application and Admissions

To apply, please visit the Apply page. You will be charged a $50 application fee for each term that you apply for a program. If you apply for two programs in Fall semester you will be charged $50. If you apply for one program in Fall semester and one in Spring semester you will be charged $100. The priority deadline for Fall 2016 and Spring 2017 is February 1, 2016. Applications for Fall 2016 and Spring 2017 will open on September 8th, 2015. Applications for programs that do not fill by the priority deadline will be accepted on a rolling basis until full. Applications will be reviewed and students will be informed of their status within 6 weeks of the priority deadline.

Financial Aid and Scholarships

Most financial aid may be applied to study abroad. University of Minnesota students are eligible for education abroad scholarships.

Cost estimate (Summary)

These estimates will vary based on student preference and exchange rates. All details subject to change based on economic and international factors. Most financial aid may be applied to study abroad programs. Students should also maintain their U.S.-based health insurance plan while abroad. Visa and passport costs are subject to change. Please verify current documentation costs with the Consulate.​

Cost table

Estimated Expenses 2014-2015
Carlson School Tuition (charged to UMN student account)UMN Per-credit rate (varies on credit load)
Transportation (to and from program site)$1,200
Documentation (passport, visa)$160
Books and Materials$200
Room and/or Board$4,500
Essential Daily Living Expenses$2,000
Total$8,560 + tuition costs

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Fact Sheet

Program Manager

Academic term(s)



Semester Exchange

Degree level

Full-time MBA
Masters HRIR
Part-time MBA






São Paulo