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Fast Facts:
Fast Facts:
Program Type: Outgoing Exchange Subject(s): Accounting, Energy, Finance, Information Management, International Business, Management, Management Science, Marketing
Language(s) of Instruction: English, Spanish Click here for a definition of this term Language Prerequisite: None, but some knowledge of local language advised
Click here for a definition of this term Secondary Application Required: Yes Click here for a definition of this term Student Visa Required: Yes
Program Description:
Universidad de Chile
Program Description | Academic Details | Eligibility | Application
Financial Details | Housing | Helpful Links | Contact Participants

Program Description


The University
The University of Chile was founded in 1842. It is the oldest higher education institution in Chile. The University is located in the capital city Santiago de Chile and it is a public university with international quality. Freeman students study at the University's Facultad de Economía y Negocios (FEN). FEN offers over 300 courses taught in Spanish and 15 to 20 courses taught in English every semester. The mission of FEN is to develop and train competent leaders with solid knowledge and skills in Business and Economics through its undergraduate, graduate, and executive development programs, who are capable of excelling in Chile and abroad; and to build and generate relevant new knowledge in the fields of Business and Economics that contributes to the development and competitiveness of the country and the Latin American region within an environment of academic rigor, excellence, and intellectual diversity. FEN is accredited by the AACSB and AMBA.

Santiago is the capital of Chile capital and a dynamic, modern city where colonial mansions sit among soaring skyscrapers, folk art becomes fashion and Latin and European cultures intertwine. The city is reinventing itself, with arts, nightlife, and restaurant scenes that have never been better, making this thriving and sophisticated metropolis into the civic, cultural, and historical nucleus of the country. Enjoy it all while gazing up at the peaks of snow-dusted Andes range surrounding the city's extremities.

Surprising, cosmopolitan, energetic, sophisticated and worldly, Santiago is a city of syncopated cultural currents, expansive museums and top-flight restaurants. No wonder 40 percent of Chileans call the leafy capital city home. It's a wonderful place for exploring, and each neighborhood has its unique flavor and tone. 

Chile is a steady and thriving country that has consistently ranked high in political and economic international indices relevant to international business. An increasing number of companies do business in Chile. According to the Doing Business study published by the World Bank, Chile is the 57th easiest country to do business in. Opening a company in Chile takes 7 procedures, roughly 5.5 days, costs approximately 0.70 percent of income per capita, and requires zero paid-in minimum capital even though a small one is recommended to avoid future problems with banks. No wonder more businesses are calling Chile home. Studying abroad in Chile gives students a global perspective needed for success in international business. 

Student Life
Studying abroad on exchange is a very special time in your life. There are some incredible opportunities for personal growth, making new friendships, leaving your comfort zone and of course learning a new language. FEN´s academic work load is intense and challenging but, while you are expected to attend all your lessons (they are compulsory and attendance is taken at the beginning of each class), we are sure that you will make time to discover Santiago by day and by night, learn about Chile´s rich culture and discover skills a classroom setting will never provide. Here are some of the activities offered outside the classroom at FEN:

  • Sports and leisure activities. Choose from over 30 sports and leisure activities every semester, including rock climbing, football (soccer), zumba, ballroom dancing, tennis, photography, taekwondo, yoga and drama. 
  • Friday night parties at FEN. These usually involve live music and are known here as the jaranazos.
  • Student organizations and societies. Get involved in the International Student Association, volunteer organizations, charity work, the Film Society, the Drama Group and the Dance Troupe, among others. 
  • Make a friend. FEN offers a buddy program that matches incoming exchange students with local Chilean students to help you get the most out of your time abroad. 
  • English teaching. Become an English Teaching Assistant and help Chilean students improve their English language abilities. 
  • Talks and conferences. FEN hosts a range of topical talks, conferences and debates, all of which are open to students.
Past participants say, "There's constantly events in Santiago for exchanges to meet Spanish speakers and vice versa, yoga classes, ISA Fen, classes, etc."


Academic Details 

Academic Calendar
The University of Chile is on the southern hemisphere calendar, which means the school year begins in March and ends in November. Tulane Spring Semester is referred to as Semester 1 and takes place March - July. Tulane Fall Semester is referred to as Semester 2 and takes place July - November. 
Ranking and Rigor
Top 101 - 150 bracket in the world for Business and Management - 2017 QS World University Rankings by Subject. 
Top 51 - 100 bracket in the world for Accounting and Finance - 2017 QS World University Rankings by Subject.
Past participants report that the level of academic challenge is generally moderately less difficult than Tulane. 

Business Courses
The Undergraduate School at FEN offers courses in the departments of Business Administration, Economics, Information Systems & Management Control and Auditing. Every semester FEN offers over 300 courses taught in Spanish and 15 to 20 courses taught in English. All courses are open to international exchange students, but registration will depend on availability and class size.
For a list of courses commonly offered at FEN and their Tulane equivalents, please see Sample Courses Offered
For course descriptions, please see the FEN course catalogs:
Semester 2 2018 (Tulane Fall)
Semester 1 2018 (Tulane Spring)

Actual courses offered will vary from semester to semester and year to year. 
Language Courses
There is a Spanish course offered to exchange students through University of Chile's department of Humanities and Philosophy campus. However, it is about 25 minutes from FEN by bus and generally International students find that it doesn't work with their timetable. These language courses are credit-bearing and students can earn credit on a P/F basis. Students receive a certificate upon completion. 

There is also a private academy that offers Spanish language courses close to FEN. These courses are non-credit-bearing. 

International students register for courses online before the semester´s start, full details of which will be sent in advance on an individual basis. There is one successive registration round at the start of the semester during which students can modify their initial selection. One past participant shared the following information about the course registration process: "First you pick the courses online and then they give you a proposed schedule, you can email to try to change in classes or wait until the first week to change them." Past participants say it can be difficult to get into preferred courses but it is fairly easy to add/drop classes once registered. 

Academic Culture
Lectures and tutorials are the preferred class formats at FEN. Most courses have 1.5 hours of lectures twice a week, plus a tutorial / lab session every other week for 1.5 hours. A normal workload is 5 courses for Chilean students, yet most Freeman students at FEN take 4 courses per semester. 

Students should expect group work in every class, lots of reading, essay-styled tests, and mandatory attendance.

Assessment is continuous throughout the semester. Students receive grades based on midterm exams, projects, group work, presentations and/or final exams (varies by class). In Chile, the grading philosophy is that the student starts at 0 (has no knowledge of the subject) and needs to work hard to obtain a good grade. The student’s grade rises as he proves his gain of knowledge throughout the semester. As such, Chilean universities tend to be severe in their grading and a grade of 7 -- the highest grade possible in Chile -- is rarely awarded. In most classes, the majority of students will receive a grade ranging from 4 to 6.

Grading Scale and Conversion Guide
The grading scale in Chile is from 1 to 7. Students must obtain at least a grade of 4 to pass a course. Tulane works with World Education Services (WES) for credit evaluation and grade conversion. Below please find the U.S. equivalents for grades earned at FEN.

grading scale


Eligibility Requirements
For Freeman semester abroad programs, students must:
  • complete their lower division business core requirements prior to their semester abroad;
  • earn a 2.5 GPA in the lower division business core courses;
  • be in good academic, financial and disciplinary standing.

Students who are on disciplinary probation, academic probation and/or honor board probation during the semester or term in which they intend to study abroad are not eligible to participate in a Tulane study abroad program. Approvals are revoked for students who are placed on probation after being approved to study abroad.
Students on disciplinary, academic and/or honor board probation during time of application are considered only if the probation period ends prior to departure for study abroad. Such applications are reviewed on a case-by-case basis by Study Abroad & Exchange in consultation with Tulane's Division of Student Affairs and/or Academic Affairs. If the application is approved, the host institution will be notified of the probationary status. It is within the discretion of the host institution and/or Tulane to place additional restrictions on a recently-disciplined student's participation in a study abroad program.

Requirements for Courses Taught in Spanish
If you wish to take courses taught in Spanish with local students, you must have an advanced intermediate command of the language. 


Freeman Semester Abroad Application
To access the Freeman semester abroad application, please attend a Semester Abroad Info Session and make an appointment for follow-up advising with a Study Abroad & Exchange advisor. 

Some exchange programs are more competitive than others. Students can list up to 10 school on the semester abroad application, in order of preference. All qualified applications are reviewed on a competitive basis based on GPA; completion of 3010s; academic, personal and professional relevance of study abroad programs; and academic, linguistic, personal and cultural preparation. 

Secondary Application 
Upon nomination, exchange participants are required to submit secondary application materials to the host university. Please see for more information.

Financial Details

Program Cost
Exchange program participants pay their regular Tulane tuition plus a $1200 study abroad fee but do not pay Reily Center, Health Center or Student Activities fees. Housing is not charged by Tulane University but rather paid directly to the housing provider abroad. Students are responsible for additional expenses, including international airfare, passport, visa, meals, local transportation, books and supplies, and personal expenses. See the budget sheet for more information. 


FEN Housing Guide
The University of Chile does not have university dorms or on-campus housing, but does provide assistance in finding an appropriate place to live near our campus. See the Housing Guide here:

One past participant shared the following about her housing search: "Through the FEN Facebook page I found a roommate who was already down here. I would get here early to look, and maybe look for Spanish speaking roommates as the process of getting an apartment will be fully in Spanish. Its tempting to choose a big international house, but they are usually overpriced and exhausting. Researching apartments in relation to the school is also important, there's tons of complexes near FEN so you're able to live close."

Past participants recommend living in Central right by FEN, which is "not as nice as some other neighborhoods but convenient to everything and close to FEN." Other areas recommended include Providencia, Bellas Artes, and Bella Vista.

Helpful Links

UChile FEN Factsheet 2018.pdf
FEN International Office
Program Reviews on Abroad101 
Visa Information
U.S. Department of State Travel Advisories

Contact Participants

Click HERE to contact past and present program participants.

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Dates / Deadlines:
Dates / Deadlines:
Term Year App Deadline Decision Date Start Date End Date
Spring 2020 09/05/2019 09/15/2019 03/04/2020 07/08/2020
NOTE: All dates are approximate and subject to change. The Universidad de Chile academic calendar can be found online at