Today, as more firms are becoming global, it is extremely important to have international experiences to compete. Some schools stress the importance of international experiences, such as the so-called New MBA Program Global Initiatives in Management Programs. You would get to know several information ideas about the many foreign schools that run MBA programs and find what an MBA exchange student can ultimately catch there. The advantages add to a broader experience, getting to know a new language and of course understanding a different economy. The disadvantage however, is the significant additional cost that you would likely expend being an exchange student to another country.