China Map

Carlson School Exchange in China: Hong Kong University of Science and Technology ("HKUST")

Undergraduate Global Immersion

Program Dates:

The academic calendar at HKUST 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 2023: 

Orientation Program: Late August 2023 (dates TBD)

Term: September 1 - December 19, 2023

Spring Semester 2024:

Orientation Program: Late January 2024 (dates TBD)

Term: January 31 - May 29, 2024

The priority deadline for Fall 2023 and Spring 2024 is February 1st, 2023 at noon. 

The University of Minnesota has been closely monitoring the protesting and civil unrest in Hong Kong. We will continue to monitor the situation and are currently accepting applications for semester exchange programs at Hong Kong institutions for the 2023-24 academic year.


View of Campus
View of Campus
HKUST Welcome Sign
HKUST Welcome Sign
Students in HKUST Cafeteria
Students in HKUST Cafeteria
Victoria's Peak
Victoria's Peak
Night Skyline
Night Skyline
Big Buddha Statue
Big Buddha Statue
View of Campus
View of Campus
HKUST Welcome Sign
HKUST Welcome Sign
Students in HKUST Cafeteria
Students in HKUST Cafeteria
Victoria's Peak
Victoria's Peak
Night Skyline
Night Skyline
Big Buddha Statue
Big Buddha Statue

Program Details

    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
    • Hong Kong is situated in the heart of Asia. You will enjoy quality living in an international, cosmopolitan city, that also happens to be one of the safest. You will find rich heritage and diversity, as well as one of the world's freest economies. 
    • Population: 7.2 million people
    • Hong Kong University of Science and Technology (HKUST) is committed to providing a comprehensive business education focusing on developing a global perspective. Hong Kong remains one of the least restricted economies in the world. Commonly seen as the historic meeting of East and West, students will gain a unique insight into culture and the nature of business.
    • 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.
    • HKUST offers on-campus dorm living for undergraduate exchange students, arranged by the student affairs office at HKUST and awarded on a first-come-first-served basis.
    • Dorms are apartment-style with four single bedrooms, sitting room, bathroom, and kitchenette. 
    • Students need to pay attention to deadlines. 
    • 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
    • Some science, social science and humanities courses may be available to exchange students
    • The Language Center offers credit-bearing Chinese language course for 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.
    • Please note that Hong Kong University of Science and Technology does accept Chinese nationals (mainland China, Hong Kong, Taiwan and Macau) as international exchange students
    • No host country language skills required
    • UMN student who has successfully completed the I-Core curriculum or equivalent coursework
    • Preference is given to Carlson School of Management students
    • Preferred 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
    • 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 2023 and Spring 2024 is February 1, 2023 at noon. Applications will open during the Fall 2020 semester.    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 2022-2023 Global Immersion Exchange (CGI Semester) UMTC On-Campus Costs (Carlson Semester)
Carlson School MN Resident Tuition (charged to UMN student account) $7,003 $7,003
Carlson School Tuition Surcharge (charged to UMN student account) $1,250 $1,250
Program Fee (charged to UMN student account) $2,500 N/A
One credit online UMN Global Identity Course (optional) (charged to UMN student account) $200 N/A
Airfare (to and from program site) $1,100 N/A
Documentation (passport, visa, immunization) $250 N/A
Books and Materials $200 $500
Accommodations & Meals $3,000 $5,947
Essential Daily Living Expenses $2,000 $1,114
Miscellaneous $500 N/A
Total Program Cost $18,003 $15,814
Program Incremental Cost (additional cost for studying abroad vs. staying on-campus for a semester) $2,189 ($18,003 - $15,814) -
Estimated Expenses 2022-2023 Global Immersion Exchange (CGI Semester) UMTC On-Campus Costs (Carlson Semester)
Estimated Expenses 2022-2023 Global Immersion Exchange (CGI Semester) UMTC On-Campus Costs (Carlson Semester)


Grade & Credit Conversion Chart
Academic term(s)
Fall Semester
Spring Semester
Degree level
Hong Kong
Host School
Hong Kong University of Science & Technology (HKUST)
Carlson Global Institute (CGI)
Program Model
Partner University Business Exchange