Loyola University Maryland

MBA Chilean Study Tour

2020 Chilean Tour

Santiago, Chile: February 29 -March 7, 2020

We invite you to join us for the 2020 Chilean Study tour. This nine-day study tour is an opportunity to combine your academic study with an immersion in South American culture. What makes this study tour unique is the ability for participants to interact with alumni from Loyola’s MBA program in Chile. Spend five nights in Santiago, the capital of Chile, and the last two nights of the tour in Viña del Mar, a beach resort near Santiago.

Loyola Magazine: Overseas trips open a world of study to MBA students 

Scenic Overview of Santiago
Viña del Mar  

Tour Schedule 

The study tour combines classroom learning, opportunities to meet and interact with Chilean Business executives, and cultural experiences. The highlight of the study tour is the site visit – an opportunity to visit multinational corporations as well as Chilean businesses and U.S. companies doing business in Chile. The site visit allows study tour participants an opportunity to have a dialogue with senior Chilean business executives. While the specific sites visited change from year to year, in prior tours, we have visited such sites as General Motors, Under Armour, PepsiCo, Tom James of Chile, Codelco (copper), Undurraga (wine), and Mutual de Seguridad.    

group of students at codelco site
students in orange vests at ingesterra
four students at tom james in chile
Tom James of Chile

The Chilean Study tour is, however, not limited to site visits. Students will have ample opportunity to immerse themselves in Chilean culture. On past study tours, we have taken a day tour into the Andes, toured Valparaiso (a port city), visited the Naval Museum, and gone to a winery. Students have also taken a bike tour of Santiago, hiked to a glacier in the Andes, attended a soccer match, visited a ski resort in the Andes, and visited Isla Negra (the home of Pablo Neruda, Chile’s Nobel prize winning author). The tour concludes with a visit to the beach in Viña del Mar.

2013 Tour
2013 Tour
Vineyard at Undurraga
La Moneda
2013 Tour
Isla Negra

Course Details and Requirements

Students may elect to enroll in either GB 779: International Ethics and Corporate Social Responsibility or GB 748: International Marketing. Both classes count as an elective course for the International Business specialization.  In addition, GB 748 counts as an elective course for the Marketing specialization and GB 779 counts as an elective course for the Management specialization.

In order to enroll in GB 748, students must either have successfully completed GB 702 prior to registration or enroll in GB 702 during the Fall 2019.  In order to enroll in GB 779, students must have either completed GB 700 prior to registration or enroll in GB 700 during the Fall 2019 or Spring 2020 semester.

Students are required to attend all pre-trip classes, fulfill course requirements as required by the course syllabus, and attend all site visits. 

The class dates* (all at our Timonium Graduate Center) are:

  • Saturday, January 11, 2020, 10 am-1 pm
  • Saturday, January 18, 2020, 10 am-1 pm
  • Saturday, February 1, 2020, 10 am-1 pm
  • Saturday, February 8, 2020, 10 am-1 pm
  • Saturday, February 22, 2020, 10 am-1 pm

*Saturday, February 15th is a make-up date

The trip is from February 29th to March 7th, 2020.


The cost for the study tour will be approximately $1625, which includes:

  • Hotel accommodations (double occupancy for 7 nights) 
  • In-country transportation to and from site visits
  • All breakfasts; two lunches; two dinners

sheraton hotel in vina del mar

This fee does not include:

  • Tuition for the three-credit MBA course (this will be collected with your Spring tuition)
  • Airfare
  • Expenses for passports (and visas for non-U.S. passport holders)
  • Health, accident, or travel insurance

Please note:

  • The price is subject to change due to currency fluctuations and airline fuel surcharges
  • Equivalent substitutions may be made for company visits, hotels, and travel
  • Students may elect a single surcharge for an additional $1225

Why do we not include airfare?
We have chosen to exclude airfare from the program costs for several reasons:

First, it should save you money. The fares for groups are actually more expensive than single fares.  If you purchase your ticket as soon as you are notified that you are accepted into the study tour, you should be able to purchase tickets at a substantial discount over group fares. We have seen fares as low at $984.  You are also free to use frequent flier miles if you have miles on American, Delta or United. 

Second, in the event of a travel disruption due to weather or mechanical difficulties, it is much easier for one person to re-book as opposed to re-booking a group.  Again, for this reason, we highly recommend that you purchase travel insurance.

Last, it gives you flexibility. When purchasing your airfare, plan to arrive no later than Sunday morning (March 1); we will have a class session that is mandatory on the evening of March 1.  However, we encourage you to arrange airfare to arrive in Santiago on Saturday, February 29 and hotel accommodations will be provided for Saturday night (February 29).  This also allows you to plan your return flight at your convenience.  You may depart as soon as Saturday, March 7 or anytime thereafter if you wish to stay and explore more of Chile or South America.

How to Apply

The study tour is limited to approximately 24 participants. Individual places will be reserved in the order in which completed applicationsincluding deposits are received. Priority will be given to PMBA students: 1) who are nearest to graduation; and 2) who have not been on Loyola MBA sponsored study tours in the past.

Complete a 2020 Study Tour application. (The 2020 Study Tour is at capacity. Please consider joining us for the 2021 Chilean Study Tour. If you have questions, please email Nan Ellis at nellis@loyola.edu)

Payment Deadlines

Study Tour participation is subject to the following deadlines:

  • A deposit is due with your application.  Your spot is not guaranteed until we receive the deposit of $850.
  • The balance of $775 is due by September 15.
  • Tuition will be collected with your spring tuition in January.
  • Any cancellations will be subject to the following refund schedule.
    • All payments are non-refundable.
    • Your deposit will be refunded only if the study tour is cancelled by Loyola University Maryland. 

No invoices or reminder notices will be sent.

These dates are subject to change.