Carlson School Exchange in Brazil: Escola de Administração de Empresas de São Paulo da Fundação Getulio Vargas ("FGV")
Graduate Global ImmersionProgram 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 2025 (2nd Semester): Students studying at FGV can study for one or both modules per semester in the MPGI Program
- Semester Dates: August 4 - December 12, 2025 (full semester)
- Module 1: August 4 - October 2, 2025 (partial semester option)
- Module 2: October 6 - December 12, 2025
Spring Semester 2026 (1st Semester): Students studying at FGV can study for one or both modules per semester in the MPGI Program
- Early February to Late June (full semester)
- Early February to Mid-April (partial semester option)
The priority deadline for Fall 2025 and Spring 2026 is February 3rd, 2025 at noon.
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?
- Escola de Administração de Empresas de São Paulo da 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.
- 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.
- 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 accommodations and sublet announcements
- Graduate exchange students take courses in the MPGI Master in Management program.
- 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 Portuguese 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 School graduate program
- In good academic standing with a minimum GPA of 3.0
- Additional criteria may apply
- 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 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.
To apply for an exchange program you must first apply through the Carlson Global Institute on the Apply page. Students must use their UMN email address when creating their application account. You will be charged a $50 application fee. The priority deadline for Fall 2025 and Spring 2026 is February 3rd, 2025 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. Carlson School graduate students are eligible for Education Abroad Fellowships. Please visit "Financial Aid" and "Fellowships" for more information.
Cost
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.
The below cost table includes estimated expenses for both a partial semester (approximately 2.5 months) and a full semester (approximately 4 months). Accepted students may contact the CGI office to receive a Study Abroad Cost Estimate (SACE) form reflecting semester costs relevant to them.
| Estimated Expenses 2024-2025: Partial Semester | |
| Carlson School Tuition (charged to UMN student account) | UMN Per-credit rate (varies by credit load and degree program) |
| Airfare (to and from program site) | $1,700 |
| Passport Fee | $165 |
| Visa Fee (based on US passport) | $0 |
| Books and Materials | $200 |
| Housing & Food | $2,000 |
| Essential Daily Living Expenses | $1,000 |
| Miscellaneous | $250 |
| Total | $5,315 + tuition costs |
| Estimated Expenses 2024-2025: Full Semester | |
| Carlson School Tuition (charged to UMN student account) | UMN Per-credit rate (varies by credit load and degree program) |
| Airfare (to and from program site) | $1,700 |
| Passport Fee | $165 |
| Visa Fee (based on US passport) | $185 |
| Books and Materials | $200 |
| Housing & Food | $3,000 |
| Essential Daily Living Expenses | $1,000 |
| Miscellaneous | $500 |
| Total | $6,750 + tuition costs |