AY 2025-2026 Exchange School List and Key Facts (Additional Round for 2026 Spring)
IMPORTANT: This application is only for 2026 Spring/Summer (depends on schools)
Country
/Region
University Exchange Slots Exchange Program Offered Language Requirement Academic Calendar:
*FOR REFERENCE ONLY. PLEASE CHECK EACH SCHOOLĄ¯S FACT SHEET FOR DETAILED TERM DATES 
Spring/Summer 2026
United States The George Washington University School of Business 2 1. MBA
2. Master
TOEFL internet exam (iBT): 100
or
Academic IELTS: Overall band score of 7.0, with no individual band score below 6.0
January 5 - May 8, 2026
Emory University, Goizueta Business School 1 MBA TOEFL: 100
IELTS: 7.0
January 8 - May 8, 2026
Canada Queen's University, Smith School of Business 2 1. MBA
2. Master
TOEFL iBT - 100
 IELTS - 7.0
*Students in this program need to have a bachelor degree in Management Studies (Commerce, Business or Economics)
Jan - Apr (Master)
McGill University, Desautels Faculty of Management 1 MBA TOEFL: 100
IELTS: 7.0
January 5 to April 30, 2026 (includes exam period)
Schulich School of Business, York University 1 MBA TOEFL: 100
IELTS: 7.0
Winter: January 2 - April 12, 2026
or
Summer: May 2 - August 3, 2026
Brazil FGV EAESP 2 Master No proof needed, TOEFL: 100, IELTS: 7 expected Feb - Jun
Australia Melbourne Business School 2 MBA TOEFL: 102 (written score of 24, and no band less than 21)
IELTS: 7 (no single band lower than 6.5)
Term 1: January - March
or
Term 2: April - June
UK Warwick Business School 1 MBA TOEFL: 100 (Minimum component scores: Reading 22, Listening 21, Speaking 23, Writing 21) * only single most recent test date, not MyBest scores.
IELTS: 7.0 (All four languages elements have to be scored 6.0+, with maximum of two language components at lowest level 6.0 or 6.5.)
Term 2: Jan - Mar
Term 3: Apr - Jul
France EDHEC Business School 2 Master:
1. Lille campus (Business Management track)
2. Nice campus (Finance track)
TOEFL: 95
IELTS: 6.5
Early January to mid May
ESCP Business School 1 Master TOEFL: 95
IELTS: 6.5
Undergraduate or graduate degree from a recognized English language university
Jan - Apr
Grenoble Ecole de Management 4 Master TOEFL: 95
IELTS: 6.5
Undergraduate or graduate degree from a recognized English language university
early January to end of April

*Spring semester not available for some MSc programs
Germany University of Muenster School of Business and Economics 3 Master No proof needed, TOEFL IBT 95, IELTS 6.5 expected 01.04.2026-30.09.2026
University of Cologne, Faculty of Management, Economics and Social Sciences 2 Master TOEFL: 95
IELTS: 6.5
Undergraduate or graduate degree from a recognized English language university
1 April to 31 July 2026
ESMT Berlin 2 Master TOEFL: 100
IELTS: 7.0
Undergraduate or graduate degree from a recognized English language university
January ¨C March
Munich Business School 3 Master TOEFL: 95
IELTS: 6.5
January ¨C April
EBS Business School 4 Master TOEFL: 90
IELTS: 7.0
15/01/2026 - 15/05/2026
Switzerland University of St.Gallen 3 1. MBA (ISP)
2. Master
TOEFL: 100
IELTS: 7.0
MBA(ISP):
6 January to 12 March 2026
Master: Feb - May
University of Zurich 4 Master (exchange students have to obtain a bachelor degree
major in Business Administration / International Trade /
Finance / Accounting or related)
TOEFL iBT - 90
IELTS - 6.5
mid-February to end of June
Sweden Stockholm Business School 2 Master TOEFL-internet: 80 (Writing: 20, Speaking: 20, Reading: 20, and Listening: 20),
IELTS: 6.5 or higher (no subtest less than 6.0 in the Academic Module).
19 January 2026 - 7 June 2026
Umea School of Business and Economics 1 Master No proof needed, TOEFL IBT 100, IELTS 7.0 expected January 19, 2026 - June 7, 2026
The Netherlands Tilburg University 4 Master No proof needed, TOEFL IBT 100, IELTS 7.0 expected Late January to mid June
Erasmus University, Rotterdam School of Management 3 Master TOEFL iBT 80+ (minimum subscore of 18 for reading & listening, and 20 for speaking and 21 for writing).
IELTS 6.5 (minimum subscore of 6.0 for reading, listening, speaking, and writing).
end of January till end of June
Maastricht University School of Business and Economics 2 Master No proof needed, TOEFL IBT 100, IELTS 7.0 expected end of January - begin of July
Norway BI Norwegian Business School 1 Master No proof needed, TOEFL IBT 90, IELTS 6.5 expected 1.05-17.06
NHH Norwegian School of Economics 3 Master No proof needed, TOEFL IBT 90, IELTS 6.5 expected Early January 2026 through mid June 2026
South Africa University of Stellenbosch Business School 2 1. MBA
2. Master
No proof needed, TOEFL IBT 95, IELTS 6.5 expected end of January - mid June
Hong Kong, SAR HKUST Business School 2 MBA TOEFL: 100
 IELTS: 7.0
Jan 26, 2026 - May 31, 2026
Faculty of Business and Economics, The University of Hong Kong 2 MBA TOEFL/ IELTS (academic): TOEFL - 80 (internet base) / IELTS - 6.0 (no subtest lower than 5.5) Jan 2 - Jun 30
The Chinese Universtiy of Hong Kong 1 MBA TOEFL: 100
 IELTS: 7.0
March to June 2026
Taiwan region College of Management, National Taiwan University 1 1. MBA
2. Master
TOEFL: 90
 IELTS: 6.0
Early February2026- July 2026
Korea Korea University Business School 2 1. MBA
2. Master
TOEFL 90
IELTS 6.5
March 3 ~ June 20 (tentative)
Israel Coller School of Management, Tel Aviv University 2 MBA TOEFL: 100
IELTS: 7.0
Undergraduate or graduate degree from a recognized English language university
March 15-May 2, 2025
Thailand Sasin School of Management, Chulalongkorn University 1 MBA TOEFL: 95
 IELTS: 6.5
Undergraduate or graduate degree from a recognized English language university
February 20 ¨C July 26, 2026
India Indian School of Business 1 Master No proof needed, TOEFL IBT 95, IELTS 6.5 expected Feb 23, 2026 - April 2, 2026
India Institute of Management, Ahmedabad 2 MBA TOEFL: 95
 IELTS: 6.5
Term VI: Dec - Mar