A World of Exchanges


 Student Exchange - Agreements

International Faculty Recruiting Faculty International Exposure

 International Internships

International Students Recruiting International Conferences and Summer Schools





Under the exchange programs, students of any of the three cycles of the Nova SBE can study for one semester at partner institutions with which the School has signed bilateral agreements. Nova sends more than 400 students abroad per year and receives approximately the same number of students from all over the world. Applicants to the exchange program have the opportunity to study in one of 150 partner schools, in 50 different countries.

Student Exchange – Agreements

Nova SBE has established agreements and contacts with universities throughout the world. Click here to check the agreements currently in place. 

First Cycle

In the first-cycle, most foreign students coming in the context of exchange agreements, many of them within the Erasmus/Socrates program. To encourage cultural diversity and the exchange of experience, all foreign students attend classes together with Portuguese students.

All degree programs are taught entirely in English, the exception being a few first-year undergraduate classes.

On the first-cycle degree program if a non-Portuguese speaker student is enrolled in a class, teaching staff are obliged to give that class in English. If there are team projects or group work involved, the teacher must ensure that the foreign students are equally distributed amongst the Portuguese students to encourage student interaction.
These students enroll on elective courses, which are usually completed in the last year of the first-cycle program. Nova SBE is scheduled to increase every year more foreign students. Furthermore, the School has a strategy to ensure readiness of graduates to manage in an international context. Both first-cycle programs in Economics and in Management require the successful completion of some internationalization exposure.
The internationalization requirement can be fulfilled in different ways. On one hand students are strongly encouraged to study abroad under the auspices of exchange programs. It can also be fulfilled through an international internship in a company or completion of courses on international subject matters. The possibility of fulfilling the internationalization requirement by completing some courses on international matters was created taking into account students who cannot go abroad due to personal or economic reasons. The School has consistently been investing in creating economic conditions through exchange programs.

If you are a foreign undergraduate student and want to study at Nova SBE, click here to know more about our exchange programs.

Second Cycle

A system similar to the first-cycle is at the disposal of second-cycle students, although on a smaller scale.
This is due to four reasons:

• First, because there are much less students at the Masters’ level than in the first-cycle;
• Second, because we believe that a significant number of candidates to these programs will be foreigners, for whom internationalization is acquired by their academic experience;
• Third, because many students have already had an international experience in their first-cycle;
• Finally because the second-cycle is shorter in time (18 months) allowing for less flexibility in international experience. However, there are a number of selected programs with which Nova SBE has special agreements for the purpose of student exchange at this level.

We have selected a few top Schools for the Masters in Management (examples are Erasmus at Rotterdam, St. Gallen, EAESP-FGV and Louvain), a few top Schools for the Masters in Economics (such as Toulouse, and Copenhagen University) and a few top Schools with Masters in Finance (Toulouse and INSPER in Sao Paulo, for instance) to allow our students a truly high-quality exchange. These Schools were chosen due to their high standards and the compatibility of their programs with our own.

If you are a foreign student and would like to take an exchange at NOVA click here.


MBA part-time students benefit from bilateral exchange agreements with Anderson School at UCLA; COPPEAD Graduate School of Business (Rio de Janeiro); ESSEC; IAE Aix-en-Provence/Graduate School of Management; EAESP-Fundação Getúlio Vargas (Brazil); INSPER (Brazil); Stockholm Business School; University of San Diego; Wilfrid Laurier University (Canada); Fudan University; The Indian Institute of Management Bangalore and Stellenbosch Business School (South Africa).
MBA full-time students can benefit of one month at the MIT Sloan School during the summer period, as well as the G-Lab project where they can be associated to a one-month period in a Business project with a Corporate partner in cooperation with either the Fudan University in Shanghai or at the INSPER in São Paulo, Brazil.

PhD Program

Regarding the doctoral students, they are required to spend at least one semester abroad, either taking elective courses or working with researchers in order to prepare their dissertation. The school was one of the founders of a Doctoral network, the "Quantitative Economics Doctorate", together with the Universities of Alicante, Amsterdam, Bielefeld, Copenhagen, Paris, Vienna and Venice.

The Universidade Nova de Lisboa has additional agreements and arrangements with other universities under the SOCRATES and ALFA programs, allowing cooperation with other schools offering graduate work in Economics and FInance, in Europe and Latin America.

The school has signed additional agreements for exchanges of Ph.D. students with the Graduate School of Economics at the Fundação Getulio Vargas, and with the Economics Department of the Catholic University (both in Rio de Janeiro).

Regarding the Ph.D. in Management, Nova students can benefit of the CEMS network of top Business Schools around the world, including ESADE, the LSE, HEC-Paris, Bocconi, Stockholm School of Economics, Copenhagen Business School, National University of Singapore, University of Sydney, Richard Ivey, EAESP-FGV among others. These Schools cooperate at different levels and there is a general agreement that the Doctoral students can share some of the resources including some courses, seminars, workshops and research activities in some of these institutions. Ph.D. students and their advisers are strongly encouraged to exploit this network of relations in order to reinforce their research network and strengthen their research activities.

To learn more about exchange programs for PhD students click here.

Information and Contacts - Students Exchange Office
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International Faculty Recruiting  
An important effort has been made to recruit faculty graduated from the best institutions at the international level. In order to put in context our recruiting philosophy, notice that the School was the first in the country, and remains the only, to establish a hiring policy that discouraged the recruitment of home-grown (Nova SBE) Ph.D. graduates to faculty positions.


In fact, of the 66 faculty members with Ph.D.s, only 7 obtained their Ph.D.s in Portugal and only 3 obtained these in Nova SBE. The other 59 obtained their Ph.D.s abroad. The current faculty group currently includes about 50 tenure-track people.

Currently we have faculty from 25 different nationalities, and classes are almost all taught in English in the different programs (the exception being a few introductory courses in the first-cycle). Because of our explicit international approach, the official working language in the School is English. The aim is not only to facilitate life to our new faculty members, but also to make the School more attractive to foreign students.

Faculty International Exposure

Special visibility arises from the international activities of our Faculty. We devise basically three types of activities: teaching and giving seminars in international schools; participation in international conferences, publication in international peer-reviewed journals.

The School practices outsourcing for some programs (the MBA and the PhD). This is a chance to bring relevant faculty, either from a strategic or an academic point of view. The other side of the exchange reflects the presence of faculty abroad, either in sabbatical terms, or for joint research, or even to teach both in regular academic courses and also in executive education.

The School’s faculty hold regular Visiting Professor positions at INSEAD, MIB School of Management, HEC Geneva, London School of Economics, Fundação Getulio Vargas, Solvay Business School, Warwick University, UC Berkeley Law School, the Amsterdam Institute of Finance and COPPEAD amongst others. In general there is no register of this type of activity and it is impossible to measure its direct impact on the image of NOVA SBE. However, the School is developing a specific trend in this domain.

Faculty members participate in international research networks, have joint research projects with institutions across borders (some of them sponsored by foreign companies), organize summer schools, and participate in the organization of international conferences, present conferences abroad and participate on editorial boards and referees of international scientific journals. These facts, together with the publications of Faculty members demonstrate the international nature of the school’s research and publications.

Regarding the incentives for these international activities, NOVA SBE has a very clear policy. We provide our faculty with financial support to participate on conferences, provided a research paper is presented. And promotions in the career are strongly based on the academic performance as measured by publications and international exposure.




International Students Recruiting

International students are a reality at our school at every level of studies. Currently we have students of 57 different nationalities in our School, among regularly enrolled and exchange students. There are several perspectives for the recruitment of these students according to the program considered:

First Cycle

The international component of the student body of the first-cycle consists mostly of foreign students studying at the School as part of international exchange programs. The school has no specific strategy for recruiting first-cycle students internationally, as it cannot control the admissions process, which sets limits on the number of foreign “genuine” first-cycle students can be accepted. The School believes that efforts to achieve an international student body at this level are more profitable if channeled through exchange programs. The number of exchange students has grown dramatically over the past years. The increased ability to attract exchange students derives not only from an effort to increase the number of exchange agreements, but also from international recognition of the first-cycle programs and viral marketing via previous foreign students.
Second Cycle

The pre-experience masters are a source of recruitment of foreign students to our school. About 50% of the applicants are foreign students, especially from Europe, South America and Asia. Membership of the CEMS network provided an interesting alternative for NOVA MSc students, namely to apply for the prestigious CEMS-MIM program, now offered in Portugal exclusively at NOVA, and ranked first in the FT in the aggregate data of the last 3 years. The excellent performance of NOVA in this network of top Business schools, being appointed as CEMS School of the year in 2010 and again in 2011 has strongly contributed to reinforce the attractiveness of Nova for foreign students. Students can apply for Social services financial support and Nova SBE considers the possibility of exempting from tuition fees some outstanding students with financial difficulties. Continuation of such exemptions will be subject to academic performance.

Third Cycle

The internationalization of the PhD program depends crucially on the availability of fellowships for foreign students. In the past the only channel for internationalization of the student body was via exchange programs and international networks.

The Fundação para a Ciência e Tecnologia (FCT) has assured the School that it will finance fellowships, which will substantially increase the possibilities of attracting more foreign students, namely from the European Union. Doctoral scholarships for students coming from outside the EU can be obtained through the program ALBAN.

The Erasmus-Mundus program supports European Masters courses and provides EU-funded scholarships for third country nationals participating in these Masters Courses, as well as scholarships for EU-nationals studying at Partner universities throughout the world.


International Internships

The school has recently developed an agreement with the Portuguese-French Chamber of Commerce. According to this agreement, the best second-cycle students may apply for internships from a couple of months up to a full semester together with a selected group of French corporations. Trips and stays are partially financed by the French Embassy and students may use these internships to develop their research project in order to obtain their Master Degree.
The success of this experience will dictate further negotiations in order to implement similar agreements with other countries.


International Conferences and Summer Schools

International seminars, workshops, summer schools and conferences are key to the international research standing of the school.
Our faculty is very active not only presenting at but also organizing international seminars, international conferences and Summer Schools at Nova SBE. This is seen by the school as a privileged forum for internationalization

Our series of research seminars brought this last year researchers from prestigious schools such as LBS, Yale, University of Lausanne, Carnegie Melon, University of Texas at Austin, HEC Montreal, Cambridge, INSEAD, EAESP, Columbia, ESADE and Bocconi among others. A full list can be obtained here.

Doctoral Students must attend all the research seminars in their respective area (Finance, Economics or Management) as part of their academic requirements. Also, Doctoral students are required to participate and to present their research in International conferences. This is an effective way of disseminating internationally the image of our high-standard research programs.

Also, Summer Schools bring every year world top experts in different fields, attracting students from all around the world. This is a unique opportunity for our Ph.D. Students to interact with students from other fine international institutions. However, it is also an important moment to pass the image of excellence of our research programs.

To sum up, international seminars, workshops, summer schools and conferences are key to the international research standing of the school. In particular, research publications are a long-lasting route of our internationalization strategy, a distinctive trademark of our school, and much more relevant in our everyday life than in many other business schools.