Carlson School Exchange in Thailand: Thammasat Business School
Undergraduate Global ImmersionProgram Dates:
The academic calendar at Thammasat 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.
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Fall Semester 2024:
- Orientation week: August 5-9, 2024
- Start Date Semester: August 13, 2024
- Final Exam Dates: During December 2024 Â
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Spring Semester 2025:
- Orientation Week:Â Jan 6-11, 2025
- Start Date Semester: January 13, 2025
- Final Exam Dates: May-June, 2025
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The priority deadline for Fall 2024 and Spring 2025 is February 1st, 2024 at noon.Â
Program Details
- 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
What is a Business Exchange Program?
- Thammasat University is the second oldest university in Thailand and is strong in social science, especially Law, Economics, and Business Administration.
- Bangkok is home to approx. 10 million people and is the country's spiritual, cultural, diplomatic, commercial, and educational hub.Â
- Bangkok is a modern, exciting, and sophisticated city, offering not only the cosmopolitan amenities they would expect from other big cities, but also a unique treasure trove of cultural attractions.Â
- Thailand is a country known for its rich culture, breathtaking temples, delicious cuisine, and some of the world's best beaches—but more than that, exchange students will find it's an exciting place to see firsthand the emergence of a strong global economy, which exports more than $100 billion worth of goods every year and. Thai culture is a dynamic mix of influences from India and China.
- The Carlson Global Institute strongly encourages students to live in the on-campus housing options as those are affiliated with and vetted by the partner institutions.
- Students should check the host university website and fact sheet for specific accommodations information including on-campus and off-campus options, application process and deadline, and cost information.
- Thammasat does not provide on-campus dormitories for exchange students but they suggest a list of private apartments located nearby the campus. They can reserve apartments on your behalf before your arrival.Â
- Each apartment is furnished with a bed, a closet, a desk, a chair, a mirror, and a telephone.Â
- Apartments vary from furnished and unfurnished, to single occupancy and double occupancy.Â
- Students rent apartments near campus with other exchange students and international visitors.Â
- Students on exchange programs take a full semester course load at their host university (12 UMN credits/semester, unless the host university credit requirement is higher).
- Starting Fall 2020, courses from exchange partners transfer back as transfer credit on the official UMN transcript. Transfer credit does not affect overall GPA.
- Business courses taught in English are available to exchange students.
- Students participating in CGI semester exchange programs are strongly encouraged to enroll in the 1-credit Global Identity course for business students. This course helps you to develop your intercultural skills and articulate the value of your experience to future employers. It offers an additional layer of support through one-on-one interactions with your instructor that complements the independent structure of the exchange program.
- For information about specific courses available to exchange students please meet with an adviser.
- No host country language skills required
- Preferred minimum GPA of 3.0
- Students are held to business course prerequisites of the host institution
- CGI strongly recommends that students completed both semesters of I-CORE prior to participating on a business exchange, although it is not required. Â For students who want to participate on a business semester exchange prior to completing both I-CORE semesters:
- Students pursuing a Marketing, MIS, or ACCT major need to have completed MAROON I-CORE prior to participating on a business semester exchange
- Students pursuing a Finance, Entre, SCO, or HRIR major need to have completed GOLD I-CORE prior to participating on a business semester exchange
- Although not required, we encourage students to complete some more major courses prior to participating on a business exchange. Â Students should plan closely with their academic advisers prior to participating on a business semester exchange.Â
- The University of Minnesota shall provide equal access to and opportunity in its programs, facilities, and employment without regard to race, creed, color, religion, national origin, gender, age, marital status, disability, public assistance status, veteran status, sexual orientation, gender identity, or gender expression.
- 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 required by their host country.  The Carlson Global Institute does not process visa applications for students participating on exchange programs
- 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
- Visa and passport requirements are always subject to change by the host country and students are expected to check with the consulate for up-to-date information
To apply for an exchange program you must first apply through the Carlson Global Institute on 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 2024 and Spring 2025 is February 1, 2024 at noon. 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.  Once accepted into an exchange program, you will also complete an application to the host university.
Most financial aid may be applied to study abroad. University of Minnesota students are eligible for education abroad scholarships. Please visit "Financial Aid" and "Scholarships" for more information.
Cost Estimate (Summary)
Expenses are based on a 5 month semester. 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 host country consulate. Carlson School tuition costs based on rates for MN residents registered for 12+ credits.
The Program Fee includes program administration costs, maintaining student status at the UMN for the exchange semester, and international travel, health and security insurance.
| Estimated Expenses 2023-2024 | Global Immersion Exchange (CGI Semester) | UMTC On-Campus Costs (Carlson Semester) |
| Carlson School MN Resident Tuition (charged to UMN student account) | $7,248 | $7,248 |
| Carlson School Tuition Surcharge (charged to UMN student account) | $1,300 | $1,300 |
| Program Fee (charged to UMN student account) | $2,500 | N/A |
| UMN On-Campus Fees | N/A | $1,245 |
| One credit online UMN Global Identity Course (optional) (charged to UMN student account) | $200 | N/A |
| Airfare (to and from program site) | $1,800 | N/A |
| Passport Fee | $165 | N/A |
| Visa Fee (based on US passport) | $200 | N/A |
| Books and Materials | $275 | $500 |
| Housing & Food | $3,200 | $6,514 |
| Essential Daily Living Expenses | $1,000 | $1,100 |
| Miscellaneous | $500 | N/A |
| Total Program Cost | $18,388 | $17,907 |
| Program Incremental Cost (additional cost for studying abroad vs. staying on-campus for a semester) | $481 ($18,388 - $17,907) | - |