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IES Buenos Aires & Santiago Emerging Economies

Fast Facts

Sessions Offered:

Fall, Spring


Buenos Aires, Argentina and Santiago, Chile




2.75 GPA, and must be in good academic standing with the University of Iowa

Application Due:

9/24 for Spring, 2/24 for Fall

Program Cost:

Click the Application tab.

This program is designed for students interested in business, economics, sociology, and political science. It is multi-location and interdisciplinary which allows it to offer a unique comparative perspective of two of the most notable emerging economies in South America.

Academic Program


Students will start their studies in Buenos Aires and half way through the program there is a week-long, course-related trip to Peru, and then the last half of the program is spent in Santiago, Chile. Students learn about the accelerated pace of globalization and economic growth in these markets. Both of these economies have their distinct culture, institutions, laws, and business practices which serves as models for both the pitfalls and opportunities surrounding economies in transition within the global marketplace. Throughout the program the course, Emerging Economies: A Global Perspective of the Causes, Consequences, and Challenges in Argentina & Chile sets the framework for the semester. It also includes a mock consulting project to put into practice what students are learning in and outside of the classroom. In addition to this course, students choose two of the three courses offered in both Buenos Aires and Santiago.

Examples of courses

1. Business Strategies in Latin America
2. Economic Development in Argentina & Latin America
3. Chile: Sustainability and Business
4. Contemporary Argentine History: Politics and Culture in the Construction a a National Identity.

Students take 16-19 semester hours during the program and all courses are taught in English. A limited number of Spanish language classes are available.

Program Dates

Fall semester runs from late August to early December. Spring semester runs from mid-February to late May. Students arrive in Buenos Aires and depart from Santiago.

Application Deadline

February 24 for fall semester and September 24 for spring semester

For more information

The IES web site has a complete description of the program. Before initiating an application with IES students are required to meet with the Study Abroad Advisor for this program, Kristine Djerf. Please contact the Study Abroad office by stopping in at 1111 University Capitol Centre, or calling 319-335-0353, to schedule an appointment.

Students take their classes at the IES Centers in each country.

Buenos Aires -IES Center

The IES Center is located in downtown and within walking distance of Plaza San Martin and Recoleta Cemetery. The space includes classrooms, a student lounge, library, group study room, staff office and a kitchenette. The center is also equipped with high-speed internet and printer access. The center director is Juan Hudson who has extensive experience living and learning aboard along with teaching in Buenos Aires.

Santiago - IES Center

The IES Center is located in the Providencia neighborhood in central Santiago. This center includes classrooms, a student lounge, library, kitchen & dining area, staff offices, Wi-Fi and remote printer access. María del Carmen Cortés Arce is the center director and is a native of Santiago. Maricarmen has over 30 years of experience with local development activities with government and non-profit organizations.

The Cities

Buenos Aires was first founded on the southern shore of the river Rio de la Plata by Pedro de Mendoza in 1536, but the settlement was abandoned by 1541. Juan de Gray sailed south on the Parana River from Asuncion and reestablished Buenos Aires in 1580. Today, the city and surrounding area has a population of approximately 13 million people. People from Buenos Aires are known as porteños, and the majority of porteños are of European decent. It is estimated that 37% of the population are of Italian origins. The climate is characterized by warm summers and mild winters. The warmest month is January with an average high temperature of 87 degrees.

Buenos Aires - 9 of July Avenue

Santiago is located in Chile’s central valley, the city is the capital and the largest city of the country. The capital was founded in 1541 by Pedro de Valdivia and named Santiago del Nuevo Extremo (Santiago of New Extemadura) in honor of St. James, patron saint of Spain. The Mapocho River runs through the city and the Andes Mountains can be from most points in the city. Both the mountains and the ocean can be reached from Santiago within a few hours of driving. Santiago is the cultural, political and financial center of Chile.

The Countries

With over a million square miles of land, Argentina is the eighth-largest country in the world, the second largest in Latin America and the largest Spanish-speaking country by land mass. The country is divided into 23 provinces, and one autonomous city, Buenos Aires, which is the federal capital of the nation. Each province and the capital have their own constitutions, but exist under a federal system. Argentina is a multicultural country with a strong European influence that can be observed in its styles in fashion, cuisine, architecture and design.

Chile occupies a long, narrow strip of land stretching 2,670 miles from north to south, and is located between the Andes Mountains and the Pacific Ocean. At its widest point the country only extends 217 miles. After the founding of Santiago in 1541, Chile became one of the most centralized, homogeneous colonies as it was cut off to the north by desert, to the south by the Mapuche native peoples, to the east by the Andes and to the west by the Pacific Ocean. As the country of Chile developed a ruling oligarchy formed and by the 20th century the situation became politically unstable. In 1973, a military coup lead by General Augusto Pinochet overthrew President Salvador Allende. Pinochet would rule as a dictator for 17 years. Technically, Chile returned to democracy in 1990, and since then its elected official have amended the constitution that was put in place by General Pinochet.

US Department of State Country Information

The US Department of State provides safety and security information for every country of the world to help you assess for yourself the risks of travel. Each country information page contains a Travel Advisory, Alerts, and other important details specific to that country that could affect you.

Pay close attention to the entry and exit requirements, local laws and customs, health conditions, and other details to help decide whether traveling to any given country is right for you. Non-US citizen travelers may also wish to seek guidance from the embassy of their country of citizenship. The UI International Travel Policy for Students addresses restrictions on student travel to high-risk locations and engagement in high-risk activities abroad.

Living Arrangements

Students live in a furnished room in the home of a Señora or a family in both Buenos Aires and Santiago. In Buenos Aires, your homestay provides breakfast and dinner during the week, and breakfast on the weekend. In Santiago, your homestay provides town meals per day each day of the week, including weekends. Bed linens and towels are provided in each location.

Local Transportation

Both Buenos Aires and Santiago have sophisticated public transportation systems. Student will use the metro systems, buses and/or walk to the IES centers for class.

Travel Arrangements

Participants will make their own travel arrangements to Buenos Aires, Argentina and from Santiago, Chile, taking advantage of any frequent-flyer options and/or internet specials available to them. Students should book airfare to correspond with the arrival and departure dates given by IES for all program locations.
The course related trip to Peru is included in the program fee. Other optional in-country field trips are partially subsidized by IES.


Students must have a 2.75 GPA and be in good academic and disciplinary standing at the University of Iowa.

Good academic and disciplinary standing - It is the policy of the UI Study Abroad office that all students who study abroad must be in both good academic standing and good disciplinary standing.
Students who, even after being accepted into a program, are put on either academic and/or disciplinary probation for any period of time overlapping with the study abroad program dates are ineligible to study abroad.
In these cases, students must forfeit their acceptance and will not be allowed to study abroad. Any student who must forfeit their acceptance and/or attendance on a study abroad program due to a probationary status is wholly responsible for any and all financial expenses incurred. See the ‘Withdrawal Policy’ below for more information about the related late withdrawal fees.

Program Costs

Students are charged a Program Fee on their Ubill. This charge covers tuition, all educational excursions, and housing. In addition to the Program Fee, students are assessed a University of Iowa Study Abroad Administrative Fee . Also on the Ubill will be the mandatory Iowa Regents International CISI insurance
Other costs include but are not limited to, application fee, round trip airfare to the program site, passport fees, student visa fees, meals not included in housing, local transportation, books and supplies, and personal expenses.

Financial Aid & Scholarships

Most financial aid (scholarships, grants, and loans) is applicable to study abroad programs. Please check the Study Abroad website for information on financial aid and how it may be applied to studying abroad. You are also encouraged to speak with someone at the Office of Student Financial Aid to explore financial aid options. Scholarship opportunities exist for study abroad participants. Please explore Study Abroad’s websites for UI Study Abroad Scholarship Opportunities, and Non-UI External Awards.

IES has several scholarships available to University of Iowa students. Please visit the IES Scholarship web site to find out more about their scholarships.

How to Apply

Schedule and meet with Kristine Djerf, the Study Abroad Advisor for Latin America. Appointments can be set up in person in 1111 UCC or by phone at 319-335-0353. After discussing the program and its requirements, students can then complete the University of Iowa Study Abroad application . Final admissions decisions to the program are made by IES.

Application Deadline

February 24 for fall semester and September 24 for spring semester


In order to prepare for your time abroad, you are required by the University of Iowa to complete two orientations.

Online Education Abroad Pre-Departure Orientation

You are required to complete the International Programs online “Education Abroad Pre-Departure Orientation” course distributed through ICON prior to departure. This orientation is mandatory for all students going abroad under the auspices of the University of Iowa. It covers many practical matters about living overseas, such as health and safety, communication, money, goals and much more. You will be enrolled in this course by International Programs and an email will be sent to you once enrolled. If you have any questions you can email

Program-Specific Orientation

This orientation will be facilitated by your study abroad advisor and will cover content specific this program and host countries. It could be conducted in a group setting or one-on-one depending on your type of planned activity abroad. Your study abroad advisor will send you more information about this mandatory in-person session.

Before Traveling

Students must complete certain documents and activities for the University of Iowa and IES before leaving for their study abroad experience and these include:

  1. Uploading a copy of the information page of their passport to their UI study abroad application.
  2. Completing and turning in a copy of their Credit Approval Form.
  3. Registering in MyUI for the appropriate study abroad course.
  4. Completing the ICON Course

IES Orientation

Upon arrival in Buenos Aires students participate in a one-week orientation program. During this time students are introduced to the program and its expectations. Students will meet the IES Abroad staff, their fellow students and explore the city. Topics that are discussed during orientation include academics, housing, transportation, and health and safety. When students arrive in Santiago, Chile there is another two-day orientation. Topics discussed at that time include academic courses, housing, transportation, and health and safety.
Additionally, CORETM, IES Abroad’s Comprehensive Orientation & Re-entry Experience, begins during Orientation and continues throughout the semester with activities focusing on cultural adjustment, goal achievement, and preparing for the return home.

Bariloche, Argentina
Tango in Buenos Aires
City of Santiago