Program Overview

Introduction to the Spain: ICADE Program

The ICADE Business School, part of the Universidad Pontificia Comillas, offers a unique study abroad opportunity for undergraduate students. Located in Madrid, Spain, this program allows students to immerse themselves in Spanish culture and learn about the country's dynamic economy.

Program Overview

• GPA Requirement: 3.00
• Program Options: Exchange
  • On an Exchange program, students “trade” places with a student from another institution and pay UNC tuition and fees.
• Language of Instruction: Spanish, English
• Program Dates:
  • Fall: August 28 to December 22, 2025 (includes orientation and exams)
    • Note: It is recommended that students arrive a week before classes begin.
  • Spring: January 8 – May 20, 2026
    • Note: It is recommended that students arrive a week before classes begin.

Application Information

• Level of Competitiveness: 2 (Most students are typically accepted)
• Application Process: Apply for a Kenan-Flagler Global Program and Global Programs scholarship through the same application system using your Kenan-Flagler credentials.

Program Logistics

Academics

• Course Offerings: Students can take business core and elective courses at ICADE that will transfer for the undergraduate business major or minor.
• Credit Transfer: Courses taken at ICADE will transfer back to UNC Pass (ICADE grade of 5 and above)/Fail (ICADE grade below 5).
• Language Prerequisite: No prior Spanish language experience required
• Language of Instruction: English/Spanish

Housing

• Accommodation Options: Students can choose to live with a host family, share an apartment with other students, or reserve a room at a student residence in Madrid.
• Housing Service: The university provides guidance on available options.

Program Cost

• Cashier Billed Expenses:
  • UNC Tuition and Fees
  • Fee UG Business Major/Minor
  • Global Programs Administrative Fee: $700
  • BCBS Global Solutions Medical Insurance: $205
• Out of Pocket Estimates:
  • International Airfare: $1,650
  • Housing: $3,960
  • Meals: $2,200
  • Immigration Visa/Residence Permit: $160
  • Passport Application Fee: $165
  • Course Materials: $50
  • International Cell Phone Plan: $350
  • Personal Expenses
  • Travel Insurance: $400
  • Local Transportation: $200
  • Miscellaneous: $2,000
• Total Estimated Expenses (In-State): $17,540
• Total Estimated Expenses (Out-of-State): $33,644

Funding Your Global Program

• Scholarships & Financial Aid: The Undergraduate Business Program offers both merit and financial-need-based scholarships to support students who wish to study abroad.
• Average Merit Scholarship Amounts: $500-$1500
• Financial-Need Scholarship Amounts: Determined by supplemental UNC Office of Scholarships and Student Aid information.

Travel Documents

• Passport Requirements: Students must have a valid passport with an expiration date at least 6 months after the program's scheduled end date.
• Visa Requirements: Students may need to obtain a visa from a Spanish consulate/embassy in the United States.
• Immigration Documents: Obtaining necessary immigration documents is the responsibility of each program participant.