Italy: IES Abroad Milan | UNC Kenan-Flagler Business School

Milan is a large city of over 1 million inhabitants with over 4.3 million in the metropolitan area. Located in Northern Italy, Milan has a rich history dating to Roman times. Milan changed hands several times from the Renaissance through the Napoleonic Wars due to its strategic prominence and has maintained an international community of expatriates, scholars and workers ever since.

Milan is known as one of the fashion capitals of Europe and has a rich artistic, cultural and creative scene including a range of performing arts and many museums.

Quick Facts & Links

GPA Requirement: 3.00
Program Options: Direct Enroll
- Direct Enroll programs charge varying tuition rates that are not based on UNC tuition. Please thoroughly review the “program cost” section below for specific information. For additional information about program types, click here.
Language of Instruction: English
Program Dates:
- Fall: September 2 to December 19, 2024
- Spring: January 20 to May 10, 2025
Meet program alumni
Accessibility Resources

Application Information

	This Program’s Level of Competitiveness = 1 Level of Competitiveness (1 = least, 3 = most)
1	*Chance of acceptance is probable if students meet the minimum requirements.*
2	Most students are typically accepted.
3	This is one of the most competitive programs. We recommend having a back-up option in mind.

Apply for a Kenan-Flagler Global Program and Global Programs scholarship through the same application system using your Kenan-Flagler credentials. Click the Apply Now button below to learn more about application deadlines, requirements, and to start your application!

Apply Now

Program Logistics

Academics

Please visit Global Academic Procedures for detailed credit and other academic information.

Students will take 15-19 credit hours, including a required IES Abroad Italian language course, in addition to Business-related courses. Students can take the full course load at IES or elect to take courses at IES and Bocconi. If electing to take courses at IES and Bocconi, students must take at least 2 courses at Bocconi. 2 Bocconi courses are included in the program tuition at no extra cost. There is a supplemental fee for taking a third class at Bocconi (*extra cost of up to $1,870 USD). View the ‘Credit Hour Conversions’ accordion on the ‘Academics Procedures‘ page for more information on credit hour conversion from IES to UNC.

Option 1 = IES

IES Abroad Italian Language course (6 UNC credits)
3-4 English-taught IES Abroad courses (3 UNC credits each)

Option 2 = IES + 2 Bocconi courses

IES Abroad Italian language course (6 UNC credits)
1-2 English-taught IES Abroad courses (3 UNC credits each)
2 Business courses at Bocconi (6 Bocconi credits; 3 UNC credits each)

Visit IES Abroad page for all courses expected to be offered.

This program fulfills the Experiential Education requirement or the High Impact Experience requirement (if you are under the new IDEAs curriculum).

Courses taken at IES Milan will transfer back to UNC Pass (IES grade of C and above)/Fail (IES grade of C- and below). Pass grades do not affect your UNC GPA. Fail grades transfer back to UNC as Fs, which will affect your UNC GPA. Though transfer credit for this program is Pass/Fail, future employers and graduate schools will also look at your Barcelona SAE transcript, so grades are important. View the ‘Credit Hour Conversions’ accordion on the ‘Academics Procedures‘ page for more information on credit hour conversion from IES Milan to UNC.

Housing

IES Milan does offer housing placement. You will need to submit Housing Form, Form of Agreement and Waiver, and Medical History & Physician’s Exam form. Homestay, Dormitory and Apartment options are available. The dormitory is a city dorm open to all university students in Milan; therefore space is usually limited, but possible. Apartments are spread throughout the city but near public transportation; the maximum commute is 45 minutes.

Program Cost

We suggest you create your global program budget using our budget worksheet (xlsx) 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.

Visit IES Milan Budget Sheet for detailed expense estimates provided by IES Milan.

Cashier Billed Expenses*
Expense	Estimated Amount
IES Milan Tuition	$14,755****
Global Programs Administrative Fee	$700
GeoBlue International Medical Insurance	$430

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

****This number reflects the inclusion of IES Abroad’s $2000 Public University Grant

Out of Pocket Estimates**
Expense	Estimated Amount
International Airfare	$1,500
Housing	$4,275
Meals	$1,200
Immigration Visa/Residence Permit	$235
Passport Application Renewal	$165
Course Materials	$120
International Cell Phone Plan	$350
Personal Expenses
Travel Insurance	$400
Local Transportation	$100
Miscellaneous	$2,400


Other Personal Expenses***

Total Estimated Expenses	$26,630

Withdrawal Policy: Once a student accepts their offer/enrolls on a study abroad program, the spot will be considered filled and will not be offered to another student. Students who withdraw from UBP Global are responsible for non-recoverable costs including the Global Programs Administrative Fee. Your student account will be assessed charges to cover any/all amounts that Kenan-Flagler UBP Global programs has committed or paid on your behalf and are non-recoverable at the time of withdrawal. Such costs include, housing, meals, transportation and any expenses that may be associated with faculty and support participation on your program (if applicable).

**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: our budget worksheet (xlsx) 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 global program

Scholarships & Financial Aid

Travel Documents

Do you have a valid passport? If yes, check your passport’s expiration date to ensure that your passport is valid at least 6 months after your program’s scheduled end date. If not, you’ll need to submit a passport renewal application.

Do you need to apply for a passport (first time or renew)? If yes, we recommend that you get started on your passport application right away as you’ll need time to collect documents like your birth certificate to include as part of your application. For complete instructions click here.

Will I need immigration documents? If you are accepted into this program you will need to travel to an Italian consulate/embassy in the United States to obtain a visa permitting you to study in Italy. For this appointment, you will need your passport in hand along with other documentation from our office and the host university office. Please set up an appointment with your Global Programs Advisor to discuss.

Meet with an Advisor

UBP students can schedule a meeting to learn more about this and other programs by clicking on the “Schedule Appointment” link below.

Schedule Appointment

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