Outbound Exchange: Frequently Asked Questions
Please read through the following FAQ to help you learn more about our program. If you still have additional questions, please contact us. You may also find detailed processes of exchange on the Step-by-Step page.
- Am I guaranteed an exchange through the Fisher College of Business?
No. There are limited spaces available each year at our partner institutions. When you fill out the application, you will choose two or more institutions that you would attend if selected.
- When is the deadline for the exchange programs?
The deadline for application is December 31, 2013 for undergraduates and January 15, 2014 for MBAs of the academic year prior to the academic year of your intended exchange. The applications will be processed on a first come first serve basis.
- What is the requirement for exchange?
1) You must be admitted to Fisher College of Business.
2) Undergraduate students must have and maintain a 3.0 grade point average, and Graduate students must have and maintain a 3.3 grade point average to be selected and remain in the program.
3) Undergraduate students should have completed study for at least a year at Fisher College to apply. (Planning in your first year and applying in your second/third year at Fisher is recommended.)
4) Undergraduate students must complete pre-requisites of Economics 2001.1: Principles of Microeconomics and 2002.1: Principles of Macroeconomics, Statistics 1430: Statistics for the Business Sciences, and Accounting 2200: Introduction To Accounting I and 2300: Introduction to Accounting II, before departure.
5) Undergraduate students must meet with Jane Palmer, a fulltime Academic Advisor in the Fisher Undergraduate Programs Office, to confirm that your academic standing is eligible for student exchange when applying by completing the "Course Planning Worksheet". Call 292-2715 to schedule an appointment or to check on walk-in hours.
NOTICE: The Ohio State University does not allow students who have records of felonies and sexual offenses or who are on disciplinary probation to participate in Ohio State University sponsored programs. In accordance with this policy, all students who have accepted their participation for the International Students Exchange program will be required to go through a disciplinary check by the Office of Student Conduct. Disciplinary probation does not include academic misconduct as defined in the Ohio State Universities’ Code of Student Conduct. Should the check reveal that you are on disciplinary probation, your application will become nullified and your acceptance rescinded. If you are found on disciplinary probation after you have paid your $150 application fee, the application fee will not be refunded and you will be charged a $200 cancelation fee.
- What can I do to prepare for the application?
Register yourself on the online application page. Prepare your "Course Planning Worksheet" (undergraduates only), resume, letter of intent and obtain a letter of recommendation from an Ohio State faculty member. Please check details for the application process on the Step-by-Step page under “Application”. The applications usually opens around September to October every year.
- Can I go on the exchange program on my graduating term?
No. The transcripts from our exchange partner institutions will not be provided in time for your graduation date if you go abroad on your graduating term.
- Is the application process competitive?
Yes. There are a limited number of spaces available at each of our partner institutions. Students will be selected on a first come, first serve basis, so please submit your application early to have a better chance of going to your selected university.
- I am an international student at OSU. Can I still apply for exchange?
Yes, but you cannot apply to go to your home country on exchange for the purpose of broadening your horizon in a different culture.
It is required that all international students going on exchange meet with an OIA Immigration Officer to make sure you understand the process regarding your U.S. visa before departure. Please print out an OIA Immigration Form when meeting with an Immigration Officer at OIA.
- I have not been admitted into the Fisher College of Business, can I still apply?
Yes, but priority is given to students already admitted into FCOB majors. It is required that you are admitted into Fisher College of Business before you depart on your exchange program, if you are not admitted upon you application. If you do not meet this requirement before you depart for your exchange program, you will be dropped from the program at your own cost.
- I have not completed all of the pre-requisites for exchange, can I still apply?
It will depend on the pre-requisite courses you have remaining. You will have to confirm with Jane Palmer, the Undergraduate Academic Advisor, if you are able to finish the remaining pre-requisite courses before you depart for your exchange program. If this is feasible, you do not have to have all pre-requisites completed at the time of application. Although, if you do not complete all pre-requisites before you depart for your exchange program, you will be dropped from the program at your own cost.
- When will I know if I've been nominated as an exchange student?
If you are selected, you will receive an offer no later than January 25.
- How will I be nominated?
After your acceptance, nominations will be sent by the Office of Global Business to the Partner/Host Institution.
- Do I have to apply to the Host Institution and how do I do that?
You will apply to the host institution according to THEIR process, after you have been nominated by the Office of Global Business. Our office will assist you and will send all exchange students’ applications to the host institution on behalf of the students.
Cost of the Program
- How much does exchange cost?
You will pay your tuition at OSU like any other semester. There is a $150 NON-REFUNDABLE application fee for Student Exchange after acceptance into the program.
Student will incur "out-of-pocket" expenses before departing and while abroad including airfare, visa and other expenses. These expenses are the student’s responsibility. Once overseas, students will need money for entertainment, personal items (like toiletries), travel, groceries, rent, bus/subway pass, etc. Out-of-pocket costs vary somewhat from country to country and are hard to predict due to the fluctuating monetary exchange rate. To get an estimate of living expenses abroad, you may find resources online like NUMBEO, etc.
Each student will be required to purchase SUPPLEMENTAL health insurance regardless of primary coverage for the duration of your ISE Program. Cost will usually range from $150-$200, depending on your selected program.
- How does the supplemental health insurance work?
When you accept your placement through the Office of International Affairs (OIA) Study Abroad Application, you will automatically be enrolled in the supplemental health insurance, which is MANDATORY to all study abroad students.
You must also be enrolled in a primary insurance with either OSU’s Comprehensive Student Health Insurance or your family plan, to receive this supplemental health insurance service. For more insurance information, please visit OIA’s insurance page.
- Is Financial Aid available to help with the cost of a student exchange program?
Financial aid is applicable to all International Student Exchange programs. Students who already receive aid may qualify for additional funding to offset the extra costs sometimes associated with International Student Exchange expenses. Additional aid often comes in the form of loans. Even students who have not received financial aid in the past may be eligible for a loan to help with additional study abroad expenses.
The Office of International Affairs (OIA) historically has provided the budget letters for students who wish to request for an increase in financial aid.
For more information, contact Ohio State’s Office of Student Financial Aid.
- How is disbursement of financial aid handled for a student exchange program?
The process for receiving financial aid remains the same as when students are on campus. Financial aid funds will be electronically transferred to pay your student’s tuition bill. Any surplus will be mailed to the mailing address students have input into the system (this must be a U.S. mailing address). Check with your bank to clarify the process by which these funds are transferred to insure no glitches or hold-ups occur in regard to the student’s financial aid.
- Are there scholarships available for Student Exchange?
Yes. There is a list of resources available here. The Office Of International Affairs (OIA) also provides scholarship information on their scholarship page.
- Is there any penalty for withdrawing from the program?
Official cancellation or withdrawal from a program requires a written notification from the participant either by email, fax or mail. Cancellation/withdrawal becomes effective on the date the withdrawal notice is received by the Office of Global Business, by email or postmark. You will pay a cancelation fee of $700 if you withdraw from the program after your acceptance. This will be charged to your OSU account by the Office of International Affairs (OIA). Additionally, any cost associated with your withdraw (cancelation fee for flights, housing, etc.) will be the students' responsibility.
- How will I register for classes the semester I am on exchange?
When you accept your placement through the Office of International Affairs (OIA) Study Abroad Application, you will automatically be enrolled in the “place holder” course, IS5797 for 12 semester credit hours. OIA will register you for these credits hours closer to your exchange program start dates.
- How will I get credit for courses I need to graduate from OSU?
When you return, a conversion will be made from IS5797 to the actual courses and credit hours for which you will receive credit. In order to maintain full time status, you will need to transfer a minimum of 12 credit hours for the semester spent abroad.
- How will I know which foreign course will come back as which OSU course?
There is a course evaluation process that will identify how the courses abroad will transfer back to OSU. This process will be explained to you in detail at the orientation sessions after you are admitted into the program.
It is also important to understand that the courses abroad are not guaranteed, and you will have to be flexible in the courses you select abroad. This is because course schedules changes at our partner universities, just like OSU courses change, and it is hard for us to predict which course will remain and which will be canceled for each year. It is recommended that students have backup plans to prepare for any unexpected instances.
- Can I take online courses at OSU while abroad?
No, your tuition at OSU will be used by the students coming from our host institutions, under the exchange agreement, so you will not be able to take online courses at OSU while you are abroad.
- May I take courses as Pass/Fail?
Undergraduate students cannot take courses Pass/Fail. Grades must come in as A-E. What you earn on exchange will be reflected on your record and in your GPA at OSU. Graduate students will take business courses as Pass/Fail, but any other course outside of Fisher College may not be graded as Pass/Fail.
For both undergraduate and graduate exchange programs, each host institution has a unique grading scale, to convert the partner university grades into OSU grades.
- Can I take major courses at the host institution?
Yes, you can take Major courses, Core Business courses, and Gen Ed courses while abroad. Please note that some schools have restrictions on the number of Gen Ed courses exchange students can take, or what type of major courses are offered at the partner school. Fisher also provides guidelines on the courses you are able to take, or what courses you cannot take abroad. This will differ depending on your major, and will require consultation with an academic advisor to confirm your specific situation.
For further information, refer to the “UG Guideline for Course Selections” (page 2).
Selecting a Program
- Where can I find information about the available partner institutions?
You can find information on the online application page and the exchange partner page. These pages will provide you with links to the host institutions, as well as notices and news of the partner university. You can also be connected to past student who participated in exchange.
- What are the host institutions' rankings?
All of our partners are top-ranked institutions. In most cases, they are ranked in the top 50 schools world-wide.
- What term is available to study abroad?
Undergraduates may participate in exchange during both Autumn and Spring semester. MBA students can only participate during Autumn Semester. Undergraduates are not able to participate during their graduating semester since transcripts will not come back in time for your graduation. For the same reason, MBA students cannot go abroad in their graduating term.
Currently we do not offer MBA exchanges during Spring Semester. There are NO exchange options during the summer for either Undergraduate or MBA.
- Is there an orientation session for student exchange?
If you are nominated as an exchange student, you will attend a MANDATORY orientation program throughout the previous semester (Fall or Spring) of your term abroad.
You commit to the dates and times of the in- person orientation and the online class, if applicable, once you have submitted you application for exchange. If you miss any deadlines for the online assignments/quizzes, or miss any one of the in-person orientations, unless an extreme emergency situation arises, you will be disqualified for exchange. Please find the dates and times of the orientation in the Step-by-Step Process page, under “Before you Depart”.
- What about Autumn Career Fair season?
The Office of Career Management works with you closely to identify a plan for the recruiting season. It is advised that you update your Fisher Connect information, from cover letter to resume before you go abroad, and create a SKYPE account for online interviews. In the past, multiple Fisher students have participated in successful online interviews during their exchange term abroad, with the help of the Office of Career Management.
You may want to consider an internship with a company located or headquartered in the country where you will study. Some of our programs offer internships as part of the experience. You may also utilize the partner universities career service office, if they offer the service to exchange students.
- Are there other opportunities for international experience?
The Fisher College of Business prides itself on the many international opportunities for students to have an international experience and gain global business skills. If Student Exchange is not an option you choose, you can consider a Fisher Short Term Study Abroad program, offering programs with a business focus. Additionally, OSU’s Office of International Affairs has traditional Study Abroad and short term programs available to students as well.
- What kind of travel arrangements will I have to make?
It will be your responsibility to arrange for the following items to go on exchange, after you are admitted into the program. You may find detailed information on the Step-by-Step page under “Before you Go Abroad”.
The list below is a reference, and other arrangements may be necessary depending on your destination for exchange;
- Flight: Air transportation to travel to the host institution and back to the U.S.
- Passport: Current passport that is valid until 6 months AFTER the end of your exchange program.
- Student Visa: Very important element to enter the country in which you are studying. The process to obtain a visa will differ per country, and most of the time it may take time to receive the appropriate documents. Plan ahead to obtain your visa as soon as possible. To obtain a visa, please refer to the country’s embassy webpage for most updated information.
- Housing: Some institutions may provide housing for exchange student. However, some may not so you will have to search for housing in this case. Some partner universities provide information on off-campus housing on their websites.
You may also use HousingAnywhere to search for housing. Please note that this is an off-campus provider, and neither Fisher College nor OSU will be responsible for any damages or problems that may result in using this resource.
- Medication: Make sure you receive a health check up with OSU’s Student Health Services or your own doctor about studying abroad. You may need to get vaccines for your travel, and any medical examinations for your trip will be your own cost.
If you have any prescriptions that you will take while abroad, it is recommended to take more than you need for the duration of your travel. A prescription request letter can be provided by the Office of International Affairs (OIA) after you are admitted into the program. Please keep in mind that some legal drugs in the U.S. may be considered illegal in other countries.
- Will there be assistance in travel arrangements?
Yes, your host institution coordinator and Fisher’s exchange coordinator will advise you in regard to travel arrangements or academic arrangements, but you will be the main coordinator for your own study abroad.
If you confront any difficulties on student visas and/or housing arrangements in-country, it is recommended that students reach out to the exchange coordinator, at least two months in advance to request additional assistance.
- Are there any resources for travel arrangements and notices?
Please refer to the Global Resource Center page for resource information. Below are other links that may be helpful related to exchange: