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BMGT Exchange: IE Business School, IE University
Segovia, Spain (Exchange Program)
Program Terms: Fall,
This program is currently not accepting applications.
Homepage: Click to visit
Restrictions: UMD applicants only
Fact Sheet:
Class Eligibility: Junior, Senior, Sophomore Credit Type: Transfer Credit
Housing Options: Independent Housing Language of Instruction: English
Language Prerequisite: No Prerequisite(s): None
 Minimum GPA:
3.0 Non-UMD students eligible to apply: No
 Interview required?:
No EA Advisor: Kyle Sturges
 Visa process required for US citizens?:
Program Description:

IE University

Segovia & Madrid, Spain

Collage of Spain

What’s the scoop?

Host Institution

IE University is located in Segovia, Spain, just 25 minutes away from Madrid. 65% of the students enrolled at IE are coming from abroad and the school is home to over 70 nationalities. IE also has a campus in Madrid, which is available to third and fourth year students. The graduate School, IE Business School, is consistently ranked near the top worldwide, achieving number 3 in Europe according to the Financial Times in 2012.

Host City

The city of Segovia has been a World Heritage Site since 1985 and is renowned for its Romanesque art and architecture. Segovia is also home to the beautiful Alcazar Gardens and the Garden of la Merced. The annual film festival MUCES occurs during the fall and screens European films which have not been commercially screened in Spain yet but are popular in their home countries.

Madrid is the capital and largest city in Spain, home to over 6 million people in the metro area alone. It is the seat of the country’s government and economic institutions and is one the cities on the Iberia Peninsula that attracts the most foreign investment. Aside from politics and the economy, Madrid hosts the Museo Nacional Centro de Arte Reina Sofia which showcases Spanish artists, among them Pablo Picasso and Salvador Dali. Of course, the internationally famous soccer team Real Madrid plays their home games in the Santiago Bernabeu stadium.


What do I take?

Students are required to complete 15 UMD credits per semester. Students can also take Spanish language courses. Academic programs offered include Business Administration, Finance, International Relations, and others. For more information visit

Language of Instruction: All classes are taught in English and Spanish.

Note that UMD cannot guarantee that a particular course will be offered in any given semester at IE.

Credit for courses taken at UMD exchange institutions will be accepted as transfer credit.  Courses must be pre-approved by Education Abroad and the student’s academic advisor(s).  Courses must be taken for a letter grade and students must receive the equivalent grade of C- or better in order to receive credit towards their UMD academic record.  The grades for transfer credit courses are not factored into their cumulative GPA and do not show up on their UMD transcript.


When can I go?

Fall Semester: September 2, 2013 - December

Spring Semester: Early January 2014 - June

Full Academic Year: September 17, 2012 - June


Where can I live?

Students have various options for accommodation in Segovia:

On-Campus Residence Halls: Double or single occupancy, private bathrooms and wifi access with meals included. Limited availability for exchange students.

Home-stay: IE will place students with a Spanish family if requested. Great opportunity to improve Spanish language ability!

Off-campus: IE has agreements with various apartment buildings to rent to students in the general campus area.

Accommodation in Madrid is done through private agencies, most housing available is private, furnished apartments ranging from $780 - $1,040.

What’s the cost?

University of Maryland students participating in an exchange program have the benefit of paying University of Maryland tuition rates and fees to attend the abroad institution.  An exchange study abroad fee is also assessed by the Education Abroad Office and students are required to purchase UMD health insurance coverage through CISI.

The tuition and fees noted above are charged directly to the student’s UMD financial account, which means that students can apply UMD scholarships, state and federal financial aid, and alternative loans towards the cost of the exchange.  Please see the Financing Study Abroad webpage for more information and available scholarship opportunities.

Housing costs are paid directly to the host institution or on-site housing agency.

For more specific information on the cost of attending this BMGT exchange, please see the BMGT Exchange Program Cost Sheet .

How do I apply?

After you've researched the exchange and made sure you meet the requirements to apply, you should begin an online MyEA application by clicking  "Apply Now"  above and following the instructions. Once you’ve started the application, you should also schedule a meeting with Chris Olson from the Smith School Office of Global Programs. Please visit the Smith School website for information.

Application Requirements

Minimum Cumulative GPA:  3.0

Language Requirements: None

Application Deadline: October 1 for spring admissions and March 1 for fall/full year admissions

Admissions for UMD Exchanges are competitive and applications are reviewed after the published application deadline.  There may only be a select number of spaces available for semester or year study abroad at a particular host institution.  If a student is nominated to participate in an exchange, then Education Abroad will assist the student with applying directly to the host university.

Who’s here to help?

Chris Olson coordinates all logistical aspects of the IE University program and is responsible for program admissions. Your regional advisor assists in the advising of the IE University exchange program.

Contact or make an appointment with Chris at


Additional Resources and Information

·         Host Institution Website:

·         Host Institution Exchange Website:

·         Student Visa Information:

·         Academic Calendar:

·         UMD Transfer Credit:

Dates / Deadlines:
Term Year Last Day to Apply Decision Date Start Date End Date
Spring 2014 10/01/2013 
10/08/2013 01/07/2014 07/14/2014
 NOTE: Dates reflect information that is available on the program sponsor website. Please confirm with program sponsor before making your travel plans.
Fall 2014 03/01/2014 
03/10/2014 09/02/2014 12/20/2014
 NOTE: CAUTION: These are placeholder dates that you should not use to make your travel plans. Dates will be updated as they become available.

Indicates that deadline has passed
This program is currently not accepting applications.