Universidad Adolfo Ibañez
CEMS MIM - Master in International Management

CEMS MIM - Master in International Management

Full time, taught in English
The admissions process for 2024 is now closed. Admissions for 2025 will be open in March 2024.
Classes usually start in September 2024 and finish by August 2025 (depending on the school where the student completes his or her studies abroad requirement).


Chileans (not UAI): admision.me@uai.cl

UAI students: maite.sanchez@uai.cl

(Program Manager)
*Dates are subject to possible modifications.

CEMS Master in International Management (CEMS MIM) is a prestigious supranational business degree that can be acknowledged as the best passport for an international career.

This is an internationally accredited program and benefits from a network of 33 top business schools around the world, 71 corporate partners, and 6 social partners that contribute to the students’ learning. This very select program is made available only by a few select universities worldwide and only one per country. Currently, only two universities in Latin America offer this program that is ranked:

QS Masters in Management Rankings 2022: 15th

Financial Times Ranking 2019: 13th

The Economist Ranking 2021: 12th

This international program is taught in English and prepares students by utilizing elements of the academic and executive arenas. It is intended for students who, seeking to develop entrepreneurial skills at the global level and an international career track, wish to experience a semester at other CEMS MIM-network universities. Graduates receive both CEMS certificate and home university Master’s degree.

More info: www.cems.org



Video youtube - qrpKlKjzZQw

CEMS Latam Forum UAI 2023


CEMS MIM unites international-caliber professors from leading universities and business schools, multinational companies and non-profit organizations jointly designing and delivering theoretical knowledge and practical know-how. Students join the one-year CEMS MIM Program to benefit from:

  • International course experience
  • Top-ranked universities
  • Theoretical foundation based on state-of-the-art research results
  • Practical know-how through cooperation with multinational companies
  • Valuable professional and personal contacts through a close community
  • Exceptional career entry perspectives

CEMS MIM program counts three terms: two academic terms (Term 1 & Term 2) and the international internship term (Term 3). The two academic terms must be consecutive (August – June), while the third term can take place before or after terms 1 and 2. Students must spend one academic term at UAI Business School and the other one of the universities abroad of the Alliance.

Common curricular content is in place in all member schools.  Within these general program rules, jointly-established quality criteria have to be met. Within these boundaries, member schools offer their interpretation of the curriculum with a clear local identity.

This is one of the strengths of the CEMS concept: to establish a common framework and quality level while drawing from the variety of local topics, specialties, and qualities.


1/ Internationalism

Our graduates are knowledgeable international business practitioners, able to execute effective business decision-making and change management in diverse contexts.

2/ Practical Approach

Our graduates apply advanced management and leadership competencies developed through systematic experience of and engagement with the corporate world.

3/ Responsible Citizenship

Our graduates champion a holistic vision of responsible business decision-making, leadership, and citizenship, informed by ethical reasoning, personal integrity, and respect for social diversity.

4/ Reflective Critical Thinking

Our graduates are confident, agile, and reflective decision-makers and problem-solvers, able to formulate and apply innovative solutions to complex business challenges.

5/ Comprehensive Leadership

Our graduates are fully aware of their personal responsibility and accountability and of the ethical and cultural frameworks in which leadership is exerted.

  • Global strategy
  • Adaptive Leadership (Block Seminar)
  • Global Citizenship
  • Global Leadership
  • Business Project
  • Skill Seminars
  • International Internship
Elective exclusive courses for CEMS students
*Courses may change term by term.

  • Business in Latin America
  • Consumer behavior
  • Personal leadership and career development
  • Developing your cultural intelligence
  • Negotiation, theory and skills
  • Enterprise decisions, modelling, and simulation (hard skill)
  • Understanding and managing emotions at work
  • Market research
  • Corporate sustainability in the transition to a low carbon economy
  • Rethinking strategy and business models
Life at CEMS-UAI

The 12-month MIM program is an exceptionally rich learning experience, inside and outside the classroom. The active, network-based structure of CEMS means that opportunities abound for students to get involved and make the most of their CEMS year.

At UAI, students have the opportunity to be part of an active academic community, always seeking for the theorical and practical learning.

CEMS Local Office UAI and the CEMS Club Santiago organize networking events with companies, where the students have the opportunity to interact with the local business community, including both in campus talks and company visits. Also, thought the years CEMS Local Office have been the host of the annual regional rotating event LATAM FORUM. This one gather Cemsies from all the South American Universities of the Alliance to a usual 3 consecutive days, that has company guest speakers, Skill Seminars, networking events and other activities.

CEMS at UAI also means fun! Every term, there are multiple activities usually organized by the CEMS Club such as outdoor teamwork games, walking tours on downtown Santiago, visits to museums, trips to the coast (Valparaiso), winery tours and other activities.

The CEMS Club Santiago organizes plenty of networking and integration activities, creating a sense of community among our students and making your time at UAI a truly unforgettable experience.

More information about:

 CEMS UAI        CEMS Club Santiago

Admission Requirements for EXTERNAL Students
(Students outside from UAI Business School)

(Limited enrollment)

  • Applicants must have a Bachelor in Business or related to business/management.
  • No more than 3 years’ work experience.
  • English proficiency equal to TOEFL iBT100; IELTS(Academic)/IELTS Indicator 7.0; CPE C; CAE B; BEC Higher B; Pearson test of English Academic (PTE) 68. The scores are valid for two years after the test is taken. Note: we do not accept TOEFL MyBest Scores.
  • We don’t require GMAT.
  • Fill the online application form available here.
  • Pay USD 100. This payment is made online when the application form has been completed (non refundable).
  • Submit 2 recommendation letters.
  • Submit 1 motivation letter: Why is CEMS for me.
  • Submit your CV.
  • Send your Bachelor Degree, and grade transcript from your University. The Bachelor Degree must be either apostilled (for countries member of The Hague Apostille Convention) or legalized (for countries not member) at the Ministry of Education, the Ministry of External Relations, and the Chilean Consulate in the country where degree was issued.
  • Once the application form has been completed we will contact you and arrange an interview.

The application and selection processes take place simultaneously. The application deadline is March 15 each year. Applications documents should be sent to  admision.me@uai.cl for Chilean candidates.

Format: Full-Time. Our master’s program runs yearly from September to August (depending on the school where the students completes his/her study-abroad requirement).

Annual Fee: US$18.000 (Fee covers tuition costs for the whole academic year. For cost of living information and additional fees in particular schools please visit cems.org).

Term Abroad
The students spend one of their two terms abroad at one of the CEMS schools. The selection committee reserves the right to assign students to a specific school and term abroad.

Contact us

Admission Requirements for UAI Bachelor Students

(Limited enrollment)

  • Students should be able to achieve a good academic track in their undergraduate studies (pregrado) and Leadership skills are also a plus.
  • Applicants must have their bachelor degree done before the start of the CEMS MIM’s.
  • 2 letters of recommendation.
  • Personal Interviews.
  • English: TOEFL iBT (100 or higher) or IELTS Academic (7.0 or higher). The scores are valid for two years after the test is taken. TOEFL MyBest Scores are not accepted.
  • Video: The applicant must answer a question defined by the master’s direction in a maximum of 5 minutes. The video can be sent by Youtube or Video link (session available in webcursos).
  • Personal Essay.
  • Application and selection processes take place simultaneously.


Note: the start and end dates depend on whether term 1 or 2 are taken abroad and the school that the student is attending.

Term Abroad
The students spend one of their two terms abroad at one of the CEMS schools. The selection committee reserves the right to assign students to a specific school and term abroad.

More information
Please contact maite.sanchez@uai.cl (Program Manager) and visit the CEMS website (www.cems.org) for further information.

**All the information and deadlines are presented to the internal UAI bachelor’s students during the Master Forum event, done by UAI Business School every year (second term).
About UAI Business School

UAI Business School

UAI Business School was founded in 1953, and was first known as the Valparaíso Business School. Its founder was Adolfo Ibáñez Boggiano, a businessman and public figure who early on recognized the need to provide professional training for potential business managers, whose performance would promote the country´s development.

Universidad Adolfo Ibáñez directly descended from the Valparaíso Business School and evolved into the dynamic and growing institution that the Business School is a part of today. It offers degree programs in business, engineering, law, psychology, design, and journalism.

Over the past 61 years, the University has successfully consolidated its place as one of the country´s leading universities. It currently has over 9,000 students at the undergraduate and graduate levels in its campuses located in Santiago, Viña del Mar and Miami.

UAI Business School provides management education to students enrolled in undergraduate, Masters of Science, MBA, and PhD programs. The Business School and many of its academic programs and departments are consistently ranked among the best in Chile and Latin America.

The UAI Business School is committed to educating business leaders for the global economy, developing and inspiring entrepreneurs and professionals to create value for their organizations and communities.

Our Peñalolén Campus

Buried deep in the mountainside of the Peñalolén hills you will find the new building for postgraduate courses of the University Adolfo Ibáñez, a place designed to distance you from your daily routine and enable you to embark on the adventure of studying-

The 32,865-square meter Peñalolén campus includes 97 classrooms, 2 auditoriums, 2 libraries, 65 study rooms and 263 offices distributed between 5 buildings: CEMS activities are located in the C Building (graduate building).

The campus also includes a health club, courts and fields.

There are shuttle buses from the University to the Las Condes and Providencia neighbourhoods to the campus.

Here you can found the routes and the schedule of the buses from the University.

 Go to the web site

CEMS Community
School CEMS abbreviation Country City
Aalto University School of Business AALTO Finland Helsinki
AUC School of Buiness AUC Egipto Cairo
Bocconi University UB Italy Milan
Copenhagen Business School CBS Denmark Frederiksberg
Cornell University CORNELL United States Ithaca
Corvinus University of Budapest CUB Hungary Budapest
ESADE Business School ESADE Spain Sant Cugat del Vallès
Escola de Administração de Empresas de São Paulo-FGV EAESP Brazil Sao Paulo SP
HEC Paris HEC France Jouy-en-Josas
HKUST Business School HKUST Hong Kong S.A.R., China Hong Kong
Indian Institute of Management Calcutta IIMC India Kolkata
Ivey Business School Ivey Canada London
Keio University KEIO Japan Tokyo
Koç University Graduate School of Business KOC Turkey Istanbul
Louvain School of Management LSM Belgium Louvain-La-Neuve
National University of Singapore NUS Singapore Singapore
Norwegian School of Economics NHH Norway Bergen
Nova School of Business and Economics NOVA Portugal Lisboa
Rotterdam School of Management, Erasmus University RSM Netherlands Rotterdam
Stockholm School of Economics SSE Sweden Stockholm
The London School of Economics and Political Science LSE United Kingdom London
The University of Sydney Business School USYD Australia Sydney
Tsinghua University School of Economics and Management TSEM China Beijing
UCD Michael Smurfit Graduate Business School UCD Ireland County Dublin
Universidad Adolfo Ibáñez UAI Chile Santiago
University of Cologne UoC Germany Cologne
University of Economics, Prague VSE Czech Republic Prague
University of St.Gallen HSG Switzerland St.Gallen
Vienna University of Economics & Business WU Austria Wien
Warsaw School of Economics SGH Poland Warsaw
Chileans (not UAI) admision.me@uai.cl UAI students maite.sanchez@uai.cl
CEMS MIM Objectives Courses Life at CEMS-UAI Admission Requirements for EXTERNAL Students
(Students outside from UAI Business School)
Admission Requirements for UAI Bachelor Students About UAI Business School CEMS Community CONTACT DETAILS
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