The Binational Business Program is a Fulbright U.S. Student Program award run by COMEXUS, the Fulbright Commission in Mexico, to build understanding between the two countries’ private sectors.
Grantees spend about 80% of their time interning at Mexican or multinational companies and take international business courses at ITAM in Mexico City.
Benefits & funding
- About MXN 300,000 stipend for the grant (around MXN 30,000 a month)
- ITAM fees waived for up to six courses
- One US–Mexico round-trip flight up to US$1,000, plus US$200 relocation and US$100 book allowances
- Accident and sickness cover, a 24/7 mental-health line, and 12 months of federal non-competitive eligibility (NCE)
- No support for dependants; grantees find their own housing
Eligibility
- US citizens or nationals at the deadline; permanent residents are not eligible; dual US–Mexican citizens may apply
- A bachelor’s degree conferred before the grant starts (graduating seniors may apply); no PhD by the deadline
- Advanced Spanish, shown by a Foreign Language Evaluation
- Not living or working in Mexico while applying, nor resident there in the year before the grant
- Not resident abroad for five or more of the six years before the deadline
- Preferred: under three years’ work since graduating and a degree in business, finance, economics, international relations, law or accounting; other graduates with international business experience may be considered
Can you apply?
Here's who can apply
Decoded from the official rules. A free account checks them against your passport, degree and age in seconds.
“Residency in host country NOT permitted in year prior to grant … Must not be living or working in Mexico during the application process … Applicants who currently hold or will hold a doctoral degree (Ph.D.) by the national application deadline. … Anyone who has resided abroad for five or more years in the six-year period preceding the national application deadline.” Eligibility
Eligible nationalities
USA
Residence required
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Education required
Bachelor Enrolled · Bachelor
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Application process
- 1Submit the Fulbright U.S. Student online application, choosing this award, with three recommendations and a Foreign Language Evaluation by 6 October 2026 (2027–28 cycle); applicants through a US college may have a separate campus deadline.
- 2Build the Statement of Grant Purpose around the internship and ITAM courses.
- 3Grantees interview with participating companies; COMEXUS then assigns each placement.
Program timeline
6 October 2026
2027–28 deadline (closed)
recommended / not recommended notice
End of January 2027
final selections, on a rolling basis
Spring 2027
mandatory orientation in Mexico City
Last week of August 2027
mandatory midterm seminar
Early January 2028