Graduate Global Enrichment in Costa Rica

IBUS 5110: Business & The Environment in Costa Rica


Location: Alajuela, Costa Rica

Objective: This program explores in depth the concepts and principles of green business and is designed to familiarize students with global environmental challenges businesses face and to provide tools as to how to deal with those challenges. An elite group of U.S. and international faculty lead sessions at partner school INCAE that delve into issues of sustainable development and environmental strategy for business around the world. In addition, Carlson students will work in groups with students from INCAE on a group sustainability challenge project.

Program Benefits: The benefits to students participating in this program may include:

  • Gain experience working on cross-cultural teams with students at the program partner school.
  • Increase your knowledge of sustainability and good business practices, and how practices are applied in Costa Rica and around the world.
  • Develop life-long friendships with fellow students from Carlson and INCAE.

Audience and Eligibility

  • This program is open to 30 Carlson students in good academic standing, with a GPA of 3.0 at the time of application.
  • The application process is competitive, and space is limited. Meeting the minimum requirements does not guarantee acceptance.
  • Classes will be a mix of INCAE and Carlson students

Academics and Credit

  • 4 graduate elective credits
  • Grading is A-F basis

Please note this class is NOT a substitute for the Ethics core requirement. Students are evaluated by both Carlson and INCAE faculty.


Costa Rica is a world leader in sustainable development and the promotion of ecologically sound tourism practices and Instituto Centroamericano de Administración de Empresas (INCAE) is a top MBA program in Central America, emphasizing research and innovation. INCAE boasts the Center for Competitiveness and Sustainable Development, a leading institution in the study of corporate environmental strategy. INCAE is also planning to be a Carbon-nuetral campus by 2015 and Costa Rica is aiming to be Carbon-nuetral by 2021.


This program has a demanding schedule and academic standards are high. Before the academic program begins at INCAE, students will spend a day on the coast of Costa Rica. Classes begin Monday morning and days will include 3-4 INCAE lectures plus time for course preparation and work time for group projects. Over the weekend, the group will travel to Monteverde Cloud Forest Reserve for field experience and tourism activities. The majority of time is spent on the INCAE campus. Please contact the Carlson Global Institute for a copy of a sample schedule.

Housing and Food

Students are housed in bungalows on the INCAE campus and will share a room with one or two classmates of their same gender. Because networking and community-building are key parts of the program, single rooms are not available. Bungalows include a shared kitchen, bathroom, and living facilities. Guests are not permitted during the program. Breakfast, lunch, and dinner Monday–Friday are provided in the INCAE cafeteria. Please note the meals are not provided on weekends and you will need to plan accordingly.

Cost Estimate

Fees are based on estimates and may change due to international economic factors. This information applies to 2014-2015 programs.

Tuition for Four Academic Credits (not including collegiate, graduate student assembly, or transportation fees)* $4,940
Program Fee (includes program activities, course materials, hotel accommodations and meals during the program, and international health insurance) $2,250
International Round Trip Airfare between Minnesota and Costa Rica $1000
Passport, Visa, and Costa Rica Exit Tax $195
Daily Living Expenses (includes incidentals, local transportation, and other expenses not covered by the program fee) $300
Meals not covered in the program fee (some lunches and dinners) $300

*Calculated based on the estimated 2013-20134 PTMBA tuition rate. Students enrolled in another degree program will be charged the tuition rate for four credits associated with their degree program. Please see One Stop for more information about tuition and fees or contact us with questions.

Financial Aid and Scholarships

Most financial aid may be applied to study abroad. University of Minnesota students are eligible for education abroad scholarships. See Costs & Billing for additional information on financial aid and scholarships.

Application and Admission

To apply, please visit the Apply page. Students will be charged a $50 application fee.

The application starts on March 15 and the priority deadline is June 15. Applications for programs that do not fill by the priority deadline will be accepted on a rolling basis until until full.

Applications will be reviewed and students will be informed of their status via email within 4 weeks of the priority deadline.

All details subject to change based on economic and international factors.

Quick Links

Video Profile

Costa Rica video image

Faculty Leader

Alfred Marcus
Professor, Edson Spencer Endowed Chair in Strategy and Technological Leadership
Strategic Management and Entrepreneurship Department
Faculty Profile

Contact Information

Carlson Global Institute
CSOM 2-210
Phone: 612-625-9361
Fax: 612-624-8248

Past Participant

Send an email to a Costa Rica Seminar past participant.

Please be respectful of past participants' time, and be reasonable in your expectations of response time. Please do not contact more than two students at a time. If you do not hear back within a week, then you can reach out to another student on the list.

Shelcy Kamrud

Chris Souther

Courtney Wieland

Sam Czura

Access Abroad

We encourage students who may have constraints to consult with our Education Abroad advisors and read information available at Access Abroad.

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