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Outgoing Exchange Program

Spring 2022 Marshall Exchange applications are now available (see below) are due Sept 12th, 2021 (11:59pm PST).

Info sessions:

Info Session I (recording Here

Info Session II (recording Here)

Marshall Exchange FAQ Session with past students (recording HERE)

Passcode: 1cE?y%zX

USC Spring 2022 Study Abroad Fair Thursday September 9 10:00 am-1:00 pm (Brazen access Here)

 

Please visit our Covid-19 FAQ page HERE.

 

 

A semester exchange program for Marshall, Leventhal, and CSBA majors to complete business electives abroad

 

Marshall Students Studying Abroad Imagine studying about the rapidly growing Chinese market in Hong Kong, or about fashion marketing in Milan, Italy. The Marshall School of Business Undergraduate International Exchange Program (IEP) allows students to realize this vision. These are the only study abroad programs in which business students can receive full-business credit for their coursework.

As an exchange student, you have the opportunity to study at one of 36 of the world’s top business programs in some of the most dynamic cities on the planet. Whether Seoul or Singapore, Melbourne or Budapest, Paris or Manchester, the IEP program is an unparalleled academic experience and personal growth opportunity.

Unlike conventional study abroad programs, students in the exchange programs become fully-integrated into the culture and lifestyle of the host institution, taking classes with local students, eating at local restaurants, and conversing with local people. In addition to providing students with new perspectives and views on business trends and theories, this also allows business students to be able to have a study-abroad experience without interrupting their studies or delaying their graduation. 

What are the Requirements?

The program is open to Marshall, Leventhal, and CSBA majors only. Marshall and Leventhal minors and IRGB majors are not eligible to apply. All applicants must have the following:

  • A minimum cumulative GPA of 3.0.
  • You must have completed the following courses prior to departure:

    BUAD- 280 and 281 or 305 Accounting

    BUAD-304 Leading Organizations

    BUAD-306 Business Finance

    BUAD-307 Marketing Fundamentals

    BUAD-310 Applied Business Statistics

  • Students are STRONGLY encouraged to also complete BUAD 311 prior to departure. Students who do NOT complete BUAD 311 will NOT be penalized, BUT students who will have it completed BUAD 311 prior to departure will be awarded extra points towards their application (see selection process below).
  • There is no foreign language proficiency requirement to participate in the International Exchange Program. All of our partner programs offer courses in English.

Please note: Meeting the basic requirements does not guarantee that you will be admitted to the program as space is limited, and the program is competitive. However, in the past few years over 95% of persons applying to IEP who met these requirements have been admitted to the program.

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Partner Schools

Partner Schools

The program is literally an exchange, therefore openings to all sites are contingent upon the partner school sending students to USC. Some sites may not be available during certain semesters.

Australia

Australia

 

Canberra

Australia National University

Melbourne

University of Melbourne

Sydney

University of Sydney

Austria

Austria

Vienna

 Vienna University of Economics and Business

Belgium

Belgium

    Brussels

    ICHEC (Spring Only)

    Chile

    Chile

     

    Santiago

    Universidad del Desarrollo

    China

    China

     

    Beijing

    Peking University

    Shanghai

    Fudan University 

    Denmark

    Denmark

     

    Copenhagen

    Copenhagen Business School

    England

    England

     

    Manchester

    University of Manchester, Manchester Business School

    Finland

    Finland

     

    Espoo

    Aalto University School of Economics

    France

    France

     

    Paris

    Germany

    Germany

     

    Oestrich-Winkel

    European Business School

     

    Vallendar

    WHU, Otto Beisheim School of Management

      Hong Kong

      Hong Kong

       

        Hungary

        Hungary

         

        Budapest

        Corvinus University of Budapest

          Israel

          Israel

           

          Herzliya

          Interdisciplinary Center Herzliya (Spring Only)

          Italy

          Italy

           

          Milan

          Universitá Commerciale Luigi Bocconi

          Netherlands

          Netherlands

           

          Rotterdam

          Rotterdam School of Management (Spring Only)

            Portugal

            Portugal

             

            Lisbon

            Universidade Nova de Lisboa (Spring Only)

              Singapore

              Singapore

               

              South Korea

              South Korea

               

              Seoul

              Spain

              Spain

               

              Barcelona: ESADE Business School

              Madrid

              Pamplona

              University of Navarra

              Switzerland

              Switzerland

               

              St. Gallen

              University of St. Gallen

                Taiwan

                Taiwan

                 

                    Taipei

                    National Taiwan University (Spring Only)

                    Thailand

                    Thailand outline

                     

                      Bangkok

                         

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                        Student Experience

                        Student Feedback Forms (Reviews organized by University) 

                        Student Blogs (Blogs organized by location)

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                        What courses do I take abroad?

                        The Marshall International Exchange Program is the ONLY semester abroad program which allows student participants to complete business coursework while abroad which can be applied towards their business major requirements.

                        Once you have been accepted to the International Exchange Program (IEP), you will select your classes from a wide array of business elective courses offered by your host program. We encourage students to take advantage of the strengths of their host institution and enroll in courses that are both interesting as well as unique.

                        Depending on whether you are pursuing the General Business Administration (BUAD) degree, or one of the Business Emphases (Business Communication, Business Analytics, Finance, Marketing, Entrepreneurship and Innovation, or Leadership and Innovation), the courses and number of credits you are able to bring back from abroad towards your business degree will differ.  The Real Estate Finance and the Risk Management emphases currently cannot be taken abroad.  Students wishing to apply any credits towards a minor or 2nd major must contact that department to see if they can be applied towards those requirements.  

                        All students must take a minimum of 12 USC credits while abroad.

                        Students Pursuing a Business (BUAD) Degree

                        Students pursuing the Business Administration (BUAD) degree are able to complete 12 units of upper division business elective coursework, and 3-4 general elective units at your host school (students wishing to apply any credits towards a minor or 2nd major must contact that department to see if they can be applied towards those requirements). Depending on the program, you will need to successfully complete between 4 – 8 business courses. With the exception of a few locations, the maximum number of credits you can obtain abroad is 15 USC credits. The Grade and Unit Conversion Chart lists the location maximums.

                         

                        Students are STRONGLY encouraged to:

                        • Speak with their advisor on the feasibility of studying abroad, as well as helping put a study plan together which includes the semester abroad to ensure they can  graduate in a timely fashion.
                        • Visit the school pages above
                        • Review the course catalogs of our partners to ensure that they offer courses which interest the student
                        • Download this list of courses from the previous year (Spring 2020 and Fall 2020)

                        Please note: these lists are NOT exhaustive and so if a course does not appear on the spreadsheet this does NOT mean the course is not acceptable or not offered, only that it has not been offered the previous semester.

                         

                        You CAN take business electives and non-business electives for credit:

                        • Students are able to satisfy the 12-unit upper division business electives requirement through IEP.
                        • Students are also able to enroll in a limited number of non-business courses, including language, history, international relations, etc. at a number of our partner institutions.

                        You CANNOT take core business classes, GE, writing, and diversity classes for credit:

                        • Students CANNOT satisfy business CORE classes while abroad (BUAD 304, 306, 307, etc.) nor are they able to satisfy foundational courses (ECON 351, 352, MATH 118, etc), nor General Education, Writing or Diversity classes.

                         

                        Once students have been admitted to the program and assigned a location, we will work with students on the course selection process, including reviewing and approving all courses, as well as ensuring that students complete sufficient courses and units abroad.

                         

                        Students Pursuing one of the Emphasis Degree Programs

                        Students pursuing one of the emphasis programs in Business Communication, Business Analytics, Finance, Marketing, Entrepreneurship and Innovation, or Leadership and Innovation are able to apply up to 6 USC credits of coursework towards their emphasis. The courses must be approved by the emphasis program (ie, any Finance classes must be approved by the Finance department) in order to be applied towards the emphasis requirements. The remaining credits (students must take a minimum of 12 USC credits while abroad) may be additional business courses or any other courses offered by our partner.  Coursework toward the the Real Estate Finance emphasis or Risk Management emphasis currently cannot be taken abroad.  

                         

                        Students are STRONGLY encouraged to:

                        • Speak with their advisor on the feasibility of studying abroad, as well as helping put a study plan together which includes the semester abroad to ensure they can  graduate in a timely fashion.
                        • Visit the school pages above
                        • Review the course catalogs of our partners to ensure that they offer courses which interest the student
                        • Download this list of courses from the previous year (Spring 2020 and Fall 2020) to see examples of the types of courses offered at each location
                        • Review the pre-approved emphasis course list (to be released shortly).

                        Please note: these lists are NOT exhaustive and so if a course does not appear on the spreadsheet this does NOT mean the course is not acceptable or not offered, only that it has not been offered the previous semester.

                         

                        You CAN take business emphasis courses, business courses and non-business electives for credit:

                        • Students are able to satisfy up to 6 credits of coursework towards their specific emphasis (courses must be approved).
                        • Students may enroll in additional business courses while abroad to help diversify their business education.
                        • Students are also able to enroll in a limited number of non-business courses, including language, history, international relations, etc. at a number of our partner institutions (students wishing to apply any credits towards a minor or 2nd major must contact that department to see if they can be applied towards those requirements).

                        You CANNOT take core business classes, GE, writing, and diversity classes for credit:

                        • Students CANNOT satisfy business CORE classes while abroad (BUAD 304, 306, 307, etc.) nor are they able to satisfy foundational courses (ECON 351, 352, MATH 118, etc), nor General Education, Writing or Diversity classes.

                         

                        Once students have been admitted to the program and assigned a location, we will work with students on the course selection process, including reviewing and approving all courses, as well as ensuring that students complete sufficient courses and units abroad.

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                        Past Approved Courses for each Location

                        You will be assigned a letter grade for your coursework abroad by the host (foreign) institution. However, the marks will appear as credit/no credit on your USC transcript. The minimum grade for credit is the host equivalent to a USC “C-.” See Grade and Unit Conversion Chart.

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                        Program Dates

                        Program dates vary depending on the host institution:

                         

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                        How much does it cost?

                        You will pay the standard USC full-time student tuition flat-rate (you will NOT pay tuition at the partner institution). Financial aid packages (scholarships, grants, etc) still apply. You can read about Study Abroad and USC Financial Aid at this link: USC Abroad Financial Aid.

                        USC offers a number of scholarships which may assist with your expenses as part of your studies at USC as well as abroad. You can look through the scholarships at the USC Scholarship Universe page. We have also listed some study abroad specific scholarships and databases below. 

                        In addition to the USC flat-rate for tuition, you are responsible for all expenses including, but not limited to:

                        • room and board
                        • books and supplies
                        • meals
                        • airfare
                        • health insurance*
                        • application fees
                        • passport and visa fees
                        • other personal and travel expenses

                        *You will be automatically enrolled in the USC Overseas Health Insurance plan for the semester in which you travel abroad. Students may also be required to purchase the host program health insurance plans, in addition to the USC Overseas Health Insurance plan. Neither requirement can be waived.

                        Estimated costs for each program can be found here: IEP Program Estimated Costs 2021-2022. Please remember these costs are estimated, and tend to be at the higher-end of the range provided by students. For example, 1 student may report paying $500 a month for rent, and another $1200. We then budget at $1000, even though cheaper alternatives do exist.

                        Study Abroad Scholarships

                        USC Study Abroad Grants

                        The Study Abroad Grant is open to USC undergraduate students who are participating in study abroad programs offered at USC. The purpose of the grant is to ensure all students have the opportunity to access these programs. In particular, the grant is intended to assist students with additional expenses associated with overseas studies (e.g., vaccinations, plane tickets, passport fees). Students must have completed the financial aid application process and must be admitted to a USC study abroad program for a full semester or year. Recipients may request to receive funding earlier than the university’s normal disbursement schedule to cover upfront costs. 

                        NSEP David L. Boren Undergraduate Scholarships
                        The National Security Education Program (NSEP) David L. Boren Scholarships offer a unique opportunity for U.S. undergraduates to study abroad. NSEP awards scholarships to American students for study of world regions critical to U.S. interests (including Africa, Asia, Eastern Europe, Eurasia, Latin American & the Caribbean, and the Middle East). The countries of Western Europe, Canada, Australia, and New Zealand are excluded. Interested students should contact USC's Office of Academic and International Fellowships

                        Gilman Scholarships
                        You must be receiving Pell grants to be eligible to apply for a Gilman scholarship. Preference goes to applicants with high financial need, and those applying to study in countries outside Western Europe and Australia. Awards can be as high as $5,000. During the academic year, approximately 25 recipients will be eligible to receive a $3,000 Critical Need Language Supplement for a total possible award of up to $8,000. Critical Need Languages include: Arabic (all dialects), Chinese (all dialects), Korean, and Russian.

                        Gilman-McCain Scholarship
                        The U.S. Department of State’s Gilman-McCain Scholarship provides awards of $5,000 for child dependents of active duty service members to study or intern abroad on credit-bearing programs.  Developed under the framework of the State Department’s Benjamin A. Gilman International Scholarship Program, the John McCain International Scholarship for the Children of Military Families (Gilman-McCain Scholarship) is open to eligible students enrolled at accredited U.S. colleges and universities who receive any type of Title IV federal financial aid.

                        beGirl.world
                        Awards (2) $2000 scholarships to black-women identified college students who have been accepted to a study abroad program. Visit their website for more information.

                        BUTEX: British Universities Transatlantic Exchange Association
                        BUTEX awards £500 scholarships to students spending a semester or year in the UK. Recipients are selected based on their poster or essay submission.

                        DiversityAbroad.com

                        Funding and other information for underrepresented and minority students

                        French Government Scholarships
                        Grants supporting undergraduate and graduate study in France.

                        Freeman – ASIA
                        Freeman-ASIA accepts applications from U.S. citizens or permanent residents studying at the undergraduate level at a two-year or four-year college or university who demonstrate financial need to study abroad in East or Southeast Asia. Check out our Freeman Asia guide from Rebecca Lang, 2019 award recipient.

                        Foundation For Global Scholars
                        FGS empowers globally minded students to gain international understanding and perspective, without regard to financial ability, and to return the investment by making an impact on their local/wider communities.

                        The Fund for Education Abroad
                        Scholarships of up to $10,000 to support study abroad.

                        The Fund for Education Abroad Cyril Taylor Foundation Award
                        The Fund for Education Abroad (FEA) received a gift of $50,000 from The Cyril Taylor Charitable Foundation (CTCF) to fund scholarships for American students to study in the United Kingdom. Named the Cyril Taylor Memorial Scholarship and available for programs in the summer of 2020, the 2020 fall semester and the 2020-2021 academic year, the gift will fund multiple scholarships for 2020-2021 and be administered by FEA.

                        Go Overseas Scholarship
                        The Go Overseas scholarships are available to students currently enrolled in, or in the process of applying to, study abroad programs. More info can be found on the Go Overseas Scholarships website.

                        Hostelling International USA Travel Grants

                        Hostelling International USA (HI-USA) presents an annual Travel Grant in the amount of $1,000 in the greater Los Angeles area to an individual who is just beginning his or her travel experiences in life.

                        IIE Scholarship Database
                        Comprehensive study abroad scholarship database.

                        IEFA.org
                        Comprehensive college scholarship search and grant listings

                        Phi Kappa Phi: Study Abroad Grant Competition
                        The Honor Society of Phi Kappa is pleased to sponsor this Study Abroad Grant competition. The society's Board of Directors encourages qualified undergraduates in all areas of study to apply. Each year, Phi Kappa Phi awards 50 Study Abroad grants of $1,000 each.

                        Rainbow Scholarship
                        This scholarship will be awarded to a deserving LGBTQI student who aims to participate in a high-quality, rigorous education abroad program.

                        StudyAbroad.com
                        Online database of scholarship opportunities.

                        Study in Holland
                        Information on scholarships and grants for study in the Netherlands.

                        Tripping.com Study Abroad Scholarship
                        Travel company that has an essay contest; winners awarded with travel scholarships.

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                        Selection Process

                        In this section, we hope to shed some light on the selection process:

                        • Students submit an application the semester prior to the one they wish to go abroad. The application consists of biographical information, 3 essays, a letter of recommendation, and the student’s resume. As part of the application, each applicant is asked to rank all 36 of the the partner locations in order of preference or interest. Each applicant will also undergo a mandatory interview. 
                        • The application is reviewed by 4 committee members, each of whom provides a numerical score (0-4). Those four scores, combined with the score from the mandatory interview (0-4), and the student’s overall GPA (0-4), are added together, forming the basis for the ranking of the applicants (as you can see GPA is only 1/6th of the total score). The student with the highest overall score is ranked first, and so on. This ranking determines who will be admitted to the program and where they will go. Based on where students are ranked by their application score(s), locations are awarded based on the applicant’s ranking of the exchange locations. For example, the applicant with the highest score will be awarded their first ranked location. The applicant with the second-highest score will be awarded their top-ranked location, if available. If it is not available, then the second ranked location is offered, and so on until all of the locations are filled.
                        • Students not selected will be placed on a waiting list, as will all students NOT receiving their first choice. If space does appear in a location, students will be moved “up” the waiting-list based on their overall ranking, as well as where that location appears on their list. In other words, students who have been placed in their 2nd ranked location would NOT be moved to a lower-ranked location.

                        Students do NOT have to accept any offers extended to them, no matter if it is their first, or last ranked program. Rejecting an offer before the stated acceptance deadline carries with it no penalty, and the student is invited to reapply in the future without any ill-will.

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                          When Do I Apply?

                          You should apply to go abroad at the very beginning of the semester BEFORE you wish to study abroad (those wishing to go abroad in Fall will apply in early Spring and those wishing to go abroad in Spring will apply in early Fall).

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                          How Do I Apply?

                          1. Submit the online application:

                          The application process is quite simple, and requires basic biographical information. Be aware you are not applying to a specific “location” or school, you are applying to the International Exchange Program, and based on your ranking of all 36 locations and your application and interview performance, will be allocated to one of those locations (see selection process below.)

                          2. Upload the required documents:

                          The application process also requires four short essays,  a letter of recommendation, and your resume. The essays are vital to the application, so be sure to take the time to think about the questions you are answering.

                          3. Complete an interview by the stated deadline: 

                          You will be notified of the interview instructions after the application deadline.

                           

                          You will be notified of your acceptance to the program approximately 2-3 weeks after the application due date.

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                          Spring 2021 Application and Instructions

                          Application Deadline - Spring 2022 - 11:59pm PST Sept 12, 2021

                          The application is completely online, including the submission of transcripts, resume, interview, etc. To complete the application, you will need to upload the following documents (meaning you will need electronic/digital copies before you start the application):

                          Electronic copy/scan of your passport (Just the picture page- NOT the entire passport. If you do not have a passport, you should apply for one ASAP- that means TODAY as you will need to start the visa application soon after learning of your admission.)

                          Electronic Copy of your transcript which you can order online here Transcripts (http://arr.usc.edu/services/transcripts/etranscriptrequests.html ) You should have the transcript e-mailed to your USC e-mail address so that you have a copy to upload. DO NOT send it to the IEP office.

                          Electronic copy of your Resume- We only require a resume- no cover letter is required.

                          Letter of Recommendation (which MUST be on company/school letterhead/stationary), and can be scanned and uploaded by the applicant  to the application website OR e-mailed directly to the International Programs Office. You do NOT need to submit a recommendation from an academic source (you can have an employer/supervisor submit the letter), but it cannot be a family member, and should be someone whom you have been affiliated with (work, school, volunteer) within the past 2-years and who can speak about your abilities and character.

                          If your recommender cannot or does not wish to provide you with a copy of the letter, they may e-mail the letter to uginternational@marshall.usc.edu. Uploading them as part of your application is the preferred manner. Only 1 letter is required and will be accepted. Letters can be addressed to IEP Selection Committee. Letters are due no later than 5:00 pm September 14, 2021

                          -Essays As part of the application you need to complete 3 essays.  Each essay should be about 1 page in length, maximum of 1000 words. You will want to write them ahead of time and cut-and-paste them into the application. The prompts are:

                          Essay 1:  Describe why you chose your top three host schools focusing on your academic, professional, and personal goals. You should be as detailed as possible, addressing all schools equally. Examples for choosing your top three schools could be (but not limited to): school culture, coursework abroad, teaching styles, extracurricular opportunities, foreign language courses, networking/career opportunities, etc

                          Essay 2: How have you prepared for your program abroad? What makes you an ideal candidate for the program(s) you selected?

                          Essay 3: The COVID-19 pandemic has impacted our global society in which we have never before experienced in our lifetime. Please discuss how the pandemic has affected you and also what you have learned through those experiences, and how they will inform/impact your semester abroad? 

                          -Interview You will need to also complete a mandatory interview.  You will be e-mailed instructions on completing an online interview  on September 13, 2021 and they will need to be completed by noon September 17, 2021.

                          Please note: There will be a MANDATORY Orientation for all applicants held on Sept 17th, 2021 2-5 pm (Pacific time). Please be sure to make the proper arrangements to attend.

                          Please visit our Covid-19 FAQ page HERE

                          Click Here to APPLY 

                          If you have any questions not answered in the information above, please contact the Undergraduate International Exchange Program via email at uginternational@marshall.usc.edu.

                           

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