Japan Map

Carlson School Exchange in Japan: Keio Business School

Graduate Global Immersion

Program Dates:

The academic calendar at Keio 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 2024:

  • Orientation: Early September 2024 (first or second day of the lecture period)
  • Courses: September 2 - December 14, 2024


Spring Semester 2025: 

  • Orientation: Early January 2025 (first or second day of the lecture period)
  • Courses: January 6 - March 15, 2025


The priority deadline for Fall 2024 and Spring 2025 is February 1st, 2024 at noon. 

Keio University
Keio University
Yokohama, Japan
Yokohama at Night
Yokohama at Night
Keio University
Keio University
Yokohama, Japan
Yokohama at Night
Yokohama at Night

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

    Keio University has a long history dating back to the mid-1800s when it was founded as the first private institution of higher learning in Japan. Since the school's inception, Keio students have risen to the forefront of innovation and emerged as social and economic leaders. As the globalization of national economies accelerates, management skills in multinational settings are increasingly important and Carlson School students at Keio benefit from their unique academic and social experiences in Japan.

    • 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.
    • KBS House (on campus housing) will be available for exchange students. There are 13 single rooms and 1 shared room. All rooms include computer access, private bathrooms, and efficient kitchens. 
    • Keio University offers other student housing options, in one of the student dormitories. In some dormitories, weekday meals are included in the fee.  
    • 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 are available to exchange students.
    • Exchange students may take other elective courses in Japanese if they have advanced Japanese proficiency. Language courses are also offered to students, but they will not receive MBA credit. 
    • 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. 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 and students will be informed of their status within 6 weeks of the priority deadline.

    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 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 Consulate.​

Estimated Expenses 2023-2024
Carlson School Tuition (charged to UMN student account) UMN Per-credit rate (varies by credit load and UMN degree program)
Airfare (to and from program site) $2,100
Passport Fee $165
Books and Materials $500
Housing & Food $1,500
Essential Daily Living Expenses $1,000
Miscellaneous $500
Total $5,765 + tuition costs


Academic term(s)
Fall Semester
Spring Semester
Partial Semester (Grad only)
Degree level
Host School
Keio University
Carlson Global Institute (CGI)
Program Model
Partner University Business Exchange