UNC Kenan-Flagler Business School
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Global Immersion Elective Programs

South America: Chile

Student Life
  • Overview

    Kenan-Flagler Global Programs (KFBS semester exchanges, KFBS summer programs, and KFBS short-term immersions) are ONLY open to students who have been admitted to the major or minor Undergraduate Business Program. Pre-business students and non-business majors and minors are not eligible to apply to Kenan-Flagler Global Programs. Admission status to the Undergraduate Business Program will be verified for all applicants.

    This Global Immersion Program to Santiago, Chile and surrounding areas focuses on the relationship between business and its social-political context in a rapidly growing emerging market.

    Over the past 50 years, Chile has faced many of the same challenges of other emerging markets: balancing economic liberalism with domestic social interests, promoting the development of modern domestic infrastructure and social services, and encouraging balanced and sustained development of strategically valuable natural resources. In this program, we will study how Chile has navigated these three challenges, by engaging in discussions with business, political, and community leaders.

    The program aims to draw out lessons of Chile’s growth story that are unique to the region’s natural and cultural resources, as well as develop students’ broader understanding of the challenges of globalization and development in the 21st century.

    This program is led by Kristin Wilson, Assistant Professor of Strategy and Entrepreneurship. This program will begin with classes in mod 4 and will conclude with a one week program in Santiago, Chile from May 11 – 20.

    You can view a draft itinerary to get a sense of the in-country program in Chile.

    Application checklist

    • GPA Requirement: 3.25 Language Prerequisite: 
    • Class during program (min): Junior
    • Language of Instruction: English
    • Non-UNC may apply? No 

    Exchange Options:
    • Undergraduate Exchange: No 
    • Graduate Exchange: No

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  • Program Terms and Dates

    The program begins in mod 4 with a series of classes, in Chapel Hill, on the economy, political life, and culture of the region where you will be traveling in May. Full attendance and participation are required at these classes.

    Attendance is required at a GIE session on December 3, 2018 from 5-6pm to discuss the academic expectations of the program, flight plans, and to ask any questions prior to enrolling in the program.

    This class meets in the McColl Building Room 3250 from 3:30pm–4:45pm on the following dates:
    March 18, 2019
    March 20, 2019
    March 25, 2019
    March 27, 2019
    April 1, 2019
    April 3, 2019
    April 8, 2019
    April 10, 2019
    April 15, 2019
    April 17, 2019
    April 22, 2019
    April 24, 2019

    The on-the-ground program (May 11-20, 2019) consists of 10-12 hour days filled with company visits, academic sessions, debriefs, and some cultural exploration.

    Application Dates

    Application opens: November 1, 2018

    Round 1 Applicants:
    • Round 1 application deadline for Summer 2019: November 15, 2018
    • Notification for Round 1 applicants begins: December 14, 2018

    Round 2 Applicants:
    • Round 2 application deadline for Summer 2019: January 17, 2019
    • Notification for Round 2 applicants begins: February 1, 2019
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  • Academics

    Credit information for KFBS students

    Participants will be enrolled in a 3.0 credit hour course, earning UNC business elective credit, satisfying the requirements for Experiential Education and earning points towards the Kenan-Flagler Inclusive Global Leadership Initiative. Students must successfully complete the mod 4 coursework (March - May) and the on-the-ground immersion (May 11-20) in order to receive credit for this course. On the ground in Chile, you will have full program days with sessions and visits from early morning until late afternoon, and group dinners on some evenings.« PrevNext »
  • Housing

    A unique feature of this program is a full week of home-stays with local families, which will provide students with the opportunity to have meaningful conversations and build relationships with local residents. The educational program will include some guided discussions with local hosts, as well as group reflections on these opportunities.

    Students should expect their host family to be native Spanish speakers who may or may not speak English. Fluency in Spanish is not required for this program, though a working knowledge of the Spanish language is helpful.« PrevNext »
  • Student Life

    This Global Immersion Elective aims to expose students to the vibrant business community and economic decision-makers in one of Latin America’s fastest growing economies. Throughout, this course will encourage students to think critically and gain generalizable knowledge about business social and political context by comparing opportunities and challenges faced by Chile with those of other emerging markets in Latin America and beyond.

    To prepare for the program, classes in Chapel Hill will provide frameworks with which to study economic development and political economy in emerging markets. Sessions will also familiarize students with the history, politics, and culture of Chile. Assignments during this portion of the course will include background reading, research, in-class presentations, and dialogue with visitors to our classroom. Class sessions in Chapel Hill will be scheduled as a 3:30pm class during Mod 4.

    In Chile, we will have the opportunity to engage in conversations with a range of local and multinational businesses, was well as policy makers, community members, and officials of government agencies. Students will also engage in structured cultural learning activities and conversations with local university faculty. During the work week, students should expect intense, full program days, with activities scheduled from early morning until late afternoon. At least once a day, we will take time to reflect actively on our meetings.

    A unique feature of this program is a full week of home-stays with local families, which will provide students with the opportunity to have meaningful conversations and build relationships with local residents. The educational program will include some guided discussions with local hosts, as well as group reflections on these opportunities.

    Students are required to participate in all Chapel Hill portions of the program and all in country activities.
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  • Budget

    Here, you will find a list and links to costs related to this program.

    We suggest you create your study abroad budget using this worksheet to help you think about your costs on this program:
    • Populate the figures from the tables below into the left side costs of attendance
    • Input your financial resources on the right

    Your customized budget sheet can help determine your current financial status, and help you understand what additional funding you may need to help make this an affordable program option.

    Cashier Billed Expenses*:

      Tuition & Program Fees1

    GeoBlue International Medical Insurance

    *Cashier Billed Expenses are those charges billed directly to your UNC ConnectCarolina account.


    Out of Pocket Estimates**:

    International Airfare
      Immigration Visa/Residence Permit
    $0 (US Citizens)

    Passport Application Renewal
      International Cell Phone Plan2 $70
      Personal Expenses3
                Meals Not Provided by Program $50
                Travel Insurance $50
                Local Transportation Not Provided by Program
                Hotel Incidentals (ex. Laundry, Phone) $25
                Shopping/Souvenirs $100
                Other Personal Expenses***  
      Total Estimated Expenses: $5,780

    1Includes accommodations (including breakfast daily and dinners), ground transportation, day travel within Santiago and all sites outside Santiago associated with the program itinerary, venue rental if required, airport transfers, and cultural activities as outlined on the itinerary, gratuities for guides and study abroad administrative fee ($700).
    2Cost of plan varies depending on individual cell phone provider. The program expects participants to purchase an international phone plan for emergency purposes. Wifi available at the hotel.
    3Includes meals not included above, local transportation for evenings out on your own, shopping/souvenirs, incidentals in the hotel (e.g. phone, laundry, room service, minibar, etc.), cell phone charges, personal travel insurance, etc.
    **Out of Pocket Estimates are based on the cost of the program, which is determined by combining the average costs our previous students have spent in each of these categories, along with the costs our partner provides to us as their averages. These estimates are subject to change based on exchange rate fluctuations, bank fees, and individual variances in costs of living.
    ***Other Expenses: the budget worksheet also has a place for you to input other expenses outside of the out-of-pocket estimates that you may incur, such as attending concerts or sporting events.

    Funding your study abroad program

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  • Accessibility

    Please make an appointment with a Kenan-Flagler Global Programs Advisor via the Intranet if you would like to discuss this program. We work with students who are registered with the Accessibility Office or who may require certain accommodations for study abroad.

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    Apply Now!

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