Exchange Opportunities for IBML in Year 4

Welcome! Exchanges Team Elaine Collinson, Director of Undergraduate International Programmes Sheila Mills, International Exchanges and Partnerships Coordinator Katrin Uhlig, International Exchanges Assistant Michele French, Exchanges Secretary

Undergraduate Team Members Lesley Nixon, Senior Student Adviser Karen Clancey, Student Adviser Adele McPherson, MDP Administrator

Do I have to study abroad? All IBML students have to study or undertake a work placement abroad in year 4 You should start thinking now whether you would like to study abroad or do a work placement. If you want to do a work placement it is your responsibility to find and organise it. Work placements need to be approved by Strathclyde.

Where can I study? Europe – Italy, Spain, France, Switzerland, Germany, Austria Canada – HEC Montreal Mexico All partners are linked on our website

Will I receive funding for my year abroad? Students who study abroad on Erasmus are entitled to a grant for study (or combined study & work) Students are only entitled to one Erasmus grant for study in total and one for a work placement in a lifetime Erasmus grant amounts in were 225 Euro a month for study and for work. Please note these amounts are not fixed and vary each year

Neil Hood Memorial Fund If you are applying for an exchange outside Europe you may wish to apply to the Neil Hood Memorial Fund Usually grants available annually for Strathclyde business students Application and further info online - g/neilhoodfundscholarship/ g/neilhoodfundscholarship/

When do I apply? You will apply in semester 1 of 3 rd year. You will be ed about meetings which you should attend. Once you have completed the Strathclyde application you will be nominated to a university abroad and will then have to complete that university’s application procedure. You are not guaranteed your first choice of institution - need to put your preferences on the application form and explain why you are applying for each We will do our best to match your preferences, though some destinations may be more in demand than others The less popular the destination – the more likely you are to secure a place! Keep an open mind and explore all the options

How long can I study abroad? You have the option of completing either – 1 - an academic year studying abroad or 2 - a 8 month authorised work placement and report or 3 – a semester of study and a 3-5 month authorised work placement and report

Will my credits transfer? Study – You need to pass 40 ECTS credits (30 ECTS credits in a combination of business and language classes, and 10 ECTS credits of electives which can be in English and in any subject of interest to you) Work - You need to pass 40 ECTS credits for a 8 month work placement, 20 ECTS credits for a 3-5 month work placement The year abroad is not a holiday and you will have to work hard and pass your credit requirements We will receive a transcript of your grades and decide whether you have passed the year at the end of your studies overseas and make a recommendation to the exam board at Strathclyde on your progress

What are the benefits of studying abroad? Professional benefits Adds an international dimension to your degree New perspective on international business Enhances your CV Gets you interviews Increases your employability Experience of studying at well respected business schools Personal Benefits Increases self confidence and resourcefulness Understanding and tolerance of different cultures and people Meet new friends from across the world Visit new places

Do I pay tuition fees? As an exchange student you will pay the tuition fees at Strathclyde (if applicable) as if you were to study here during your year/semester abroad Student Loan - you can apply for a loan as usual though you must let the award agency (e.g. SAAS) know that you will be on an exchange If you study in Canada or Mexico, you will need to make sure that you have the funds necessary and also that you can afford the extra expense of flights etc

How much does it cost? Flights Insurance Visa Accommodation Estimated cost is £3500 for one semester overseas

Where can I get further info? Students - Talk to exchange students here in your classes - they have come from our partner universities – find out from the students what their university and city is like - Talk to Strathclyde students who have studied abroad - attend the meetings organised by the Exchanges Team Resource Centre - Read the folders containing information on locations and universities Website - Follow the web links on our website to our exchange partners’ websites

Where can I get further info? Undergraduate Office Level 3 Sir William Duncan Building Advising times etc on the website Resource Centre -Access folders and information on partner universities and student reports -Computers in Resource Centre -Access Monday to Friday, 9am – 4pm

Questions?