Admissions and Financial Aid

Admissions and Financial Aid

Admissions Process

What are the requirements?

  1. Pay application fee of COP 350,000.
  2. Fill out online form.
  3. Submit all required documents (including TOEFL or IELTS scores).
  4. Entrance exam
  5. Personal interview


  1. Fill out all sections of the Graduate Program Application formonline and print it out.
  2. Pay nonrefundable application fee of COP 350,000 and print or make a copy of the receipt. Print your receipt here.
  3. Submit the following documents:
    1. Two photographs with your name written on the back
    2. Application filled out online and printed out (a)
    3. Application fee receipt (b)
    4. Certified copies of diplomas or graduation certificates accrediting your undergraduate and graduate degrees, if applicable
    5. Official original undergraduate transcripts with grade detail and weighted average (or certified copies). If the undergraduate degree was completed abroad, it is recommended that the original transcript be submitted with an apostille. If you are currently enrolled in or have completed a graduate degree, please submit the transcript for this degree as well.
    6. Current resume with the following information:
      • Noteworthy personal skills and characteristics
      • Academic and research information not included in the application
      • Work history from the past four jobs (company, position, time, and brief description of duties), if applicable
      • Years of work experience, years of teaching experience, and years of research experience
    7. Two recommendations: one from a supervisor and one from a professor (two recommendations from professors will be accepted for candidates without work experience), submitted in an envelope sealed and signed by the evaluator. Download the recommendation form here.
    8. Personal statement for admission to the program
    9. Certificate of English proficiency no more than two years old (70/120 on TOEFL or higher, or 6.0/9.0 IELTS or higher) (mandatory)

These documents must be submitted at the Centro de Atención Integrada (CAI), Calle 18A # 0-33 Este, Bloque E, piso 1, Bogotá, Colombia (open Monday to Friday, 8:30 a.m. - 5:00 p.m.).

Examen de admisión

  1. Prepare thoroughly and in advance for the Graduate Studies Admission Test (PAEP by its initials in Spanish) entrance exam at the LASPAU website, with the Tec de Monterrey course, and with the book Ejercicios de práctica PAEP, which can be obtained at the University’s bookstore..
    This is a standardized, Spanish-language exam that assesses the following:
    • Verbal aptitude: Antonyms, sentence completion, analogies, and reading comprehension (traditional analysis and critical analysis)
    • Math and science: Arithmetic, geometry, algebra, calculus, probability, physics, chemistry, and biology
    • Cognitive abilities: Sequences and logical relationships, transformations, and logical reasoning
    • Writing: Structure, use of vocabulary, syntactic complexity, and composition
    • English (as a work tool): Structure, function words, and reading comprehension
    • Alternatively, the GMAT or GRE may be submitted, provided the scores are less than two years old.<
  2. Take the PAEP entrance exam at the Universidad de los Andes in Bogotá on the date specified in the admissions calendar.
  3. Alternatively, the GMAT or GRE may be submitted, provided the scores are less than two years old.
    • In order to avoid having to come to Bogotá, international students must schedule their exam in their country of residence and contact the Tecnológico de Monterrey by calling +52 (81) 8358 2000 to find out if there are any authorized testing centers in their country of residence to take the PAEP and then schedule the exam for a date close to when it will be administered in Bogotá in order to meet the deadlines for the submission of results and completion of the admissions process. Note that at some testing centers, you will have to make an additional payment, as there are no refunds when not taken in Bogotá.
    • For more information about the GMAT exam, click here.
    • For more information about the GRE exam, click here.

Personal interview

Participate in the admissions interview with the director and a professor from the program within the range of dates specified in the admissions calendar. The exact time and date will be posted on the website. The interview may also be done via Skype for international students.

Once these three steps have been completed, the Graduate Admissions Committee for the Doctor of Business Administration and the Master of Investigation in Research of the School of Management individually analyzes each application to determine admission to the program.

Note for international students:

If you are an international student and are admitted to the program, please note that according to Decree 4000 of November 30, 2004 and Resolution 4700 of November 25, 2009, issued by the Ministry of Foreign Affairs, you are required to have a Student Visa or other type of visa that allows you to study. Once the visa is issued, you must present it at teller windows 2 or 3 in the Admissions Office or send an email to order to fulfill this requirement before printing your registration receipt.

Should you have any questions about this process, please call +57 (1) 339 4949 ext. 2216 or 3988, or send an email to, and you will be advised on how to proceed.

Be sure to give yourself sufficient time when beginning the procedure for applying for a visa in order to avoid any problems with the registration payment.

As a general admissions requirement for the Master of Research in Management, a program in which students interested in undertaking both master’s and Ph.D. studies enroll, an intermediate level of English proficiency must be demonstrated.


What are the important dates?

Applications are evaluated on a rolling basis; however, there are various deadlines throughout the year. Below are the upcoming deadlines.


Application Deadline

October 7, 2015

PAEP Entrance Exam

October 10, 2015

List of Interviews Published

October 14, 2015


October 16 - November 6, 2015

List of Admitted Students Published

November 20, 2015

Start of Classes

January 2016


More information on required documents, exams, interviews, and dates can be found in the Admissions and Financial Aid section.


Contact us: +57 (1) 332 4555, Fax: +57 (1) 332 4459
Calle 21 No. 1-20, Edificio SD, Piso 9 Bogotá, Colombia

Student Life


The School of Management has five groups registered with Colciencias, three of which hold the A1 rating, which is the highest in the country. Students should join one of these groups to advance their research proposals, working and publishing alongside their professors. Research and publication are the core of this program.



Date of Formation


Colciencias Category

Organizational Studies


Eduardo Wills


Public Administration


Clemente Forero


Studies in Finance and Financial Economics


Carlos Pombo


Markets and Decisions


Carlos Trujillo


History and Entrepreneurship


Carlos Dávila