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2013 thunderbird GLObAL
thunderbird.edu/impact Educating Global Leaders Who Create Sustainable Prosperity Worldwide
thunderbird is a magical place that attracts global leaders from all walks of life in all
parts of the world. this was abundantly clear in January 2013, when a group of women
entrepreneurs arrived from Afghanistan for a two-week crash course in business.
these brave women shared the campus with full-time students from 49 countries,
including many who had just returned from winter courses taught by thunderbird
professors on five continents. While the Afghan women studied in Arizona, three
teams of students departed for real-world consulting projects in Cambodia, india and
indonesia. Meanwhile, thunderbird executive education hosted certificate programs
with high-potential managers from some of the world’s top companies.
thunderbird embraces all of these groups as members of a tight-knit family, which
extends to all industries, sectors and cultures. Wherever global business occurs,
thunderbird shows up and contributes — from executive boardrooms on Wall Street
to colorful bazaars in Kabul. i invite you to learn more about the school’s global
impact in this report, which shares highlights from the fiscal year ending June 30, 2013
best regards,
Larry Edward Penley, Ph.D.Presidentthunderbird School of Global Management
Letter from the President
OVERVIEW
Global Students ........................................................2
Global Faculty ...........................................................8
Global Alumni .........................................................14
Global Clients ..........................................................18
Global Citizenship ...................................................22
Global rankings ......................................................24
Larry Edward Penley, Ph.D., Thunderbird President
1
1
Global Students
2
Iwas born in Canada to parents from China. Besides these two
countries, I have lived in France and Japan. I speak English, French and intermediate Chinese. I travel every chance I get. Even when I stay home, I surround myself with people from every corner of the world. My name is Patrick Mah ’14, and I am from Thunderbird.
Where am I from? 38
14
461
6
2
2
4
1
1
1
8
20
4
1
22
177
11
111
1
Number of Thunderbird students, by country, fall 2012
3
69Countries of citizenship
for Thunderbird students, fall 2012.
59%Students in all degree programs from outside
the United States, fall 2012
100% Thunderbird students with global experience
100% Full-time program graduates who speak a second language
12
23
126
77
6
7
54
4
2
3
21
2 11
1
11 1
11
11
1
1
11
2
22
1
1
2
2
2
7
24
2
13224
6
3
Global Students
4
ENROLLMENT Thunderbird degree programs, fall 2012
■ 380 Full-time MBA
■ 30 Master of Arts
■ 99 Master of Science
■ 462 Distance learning MBAs
■ 112 Executive MBA
GLOBAL EXPERIENCEThunderbird incoming students, fall 2012
■ 1.4 Average number of
languages spoken at the
advanced or intermediate level
■ 2.9 Years living outside native
country
DEMOGRAPHICSThunderbird degree programs, fall 2012
■ 29.5 years, mean age
■ 28% female
Sean Murphy ’13 visits Blyde River Canyon during the South Africa winterim in January 2013.
Classrooms without bordersThunderbird students study global business where it happens,
which is nearly everywhere.
5
MODuLES ABROAD ■ 82 full-time students
■ 3 countries: China, Czech
Republic and Peru
■ 7 weeks for each module
WINTERIMS AND SuMMERIMS
■ 303 full-time students
■ 14 countries: Argentina, Brazil,
Chile, China, Germany, Kenya,
Peru, Singapore, South Africa,
South Korea, Switzerland,
united Arab Emirates, united
Kingdom, united States,
Vietnam
■ 3 weeks, on average,
for each course
LANGuAGE ABROAD ■ 20 full-time students
■ 2 sites: Argentina and China
■ 6 weeks in-country experience
FIELD SEMINARS AND INTERIMS
■ 6 field seminar locations for
the Executive MBA Europe
and Arizona programs: Brazil,
China, Germany, India, Russia
and Switzerland
■ 7 interim locations for the
Global MBA for Latin American
Managers: China, Czech
Republic, Germany, Japan,
South Korea, Turkey, united
Arab Emirates
■ 6 interim locations for the
Online Global MBA: Chile,
China, Czech Republic, Hong
Kong, Peru and Turkey
20Countries where Thunderbird
professors taught courses with degree candidates, fiscal
year 2012-13
Global Students
6
MBA EMPLOYMENT ■ 45% of 2012 graduates
employed full-time within three
months after graduation.
■ 35% improvement in
unemployment for December
2012 graduates, compared to
previous year.
■ 15% of 2012 graduates
employed outside North
America within three months
after graduation.
■ 20 companies hired multiple
Thunderbirds within three
months after graduation in
2012, including American
Express, Amway/Alticor,
Cognizant/MarketRx, Del
Monte Foods, Deloitte
Consulting, Eli Lilly, Ericsson,
Gallup Consulting,
Goldman Sachs, Hilti, Intel,
KPMG, Liberty Mutual,
L’Oréal, MGM Resorts,
Owens Corning, PetSmart,
ProSoft Technology, TSYS
and uS Airways.
$94,212Average salary of full-time
MBA graduates in 2012 (including signing
bonus)
Real-world consultingThunderbird students apply their classroom learning in the field, working
with clients in challenging business environments.
7
THuNDERBIRD EMERGING MARKETS LABORATORY Since 2010, consulting teams have stepped out of the classroom to work with paying clients in a capstone course taught by Thunderbird Professor Michael Finney, Ph.D.
Fiscal year 2012-13
■ 53 Thunderbird student consultants
■ 12 clients served
■ 11 projects in nine countries: Angola, Brazil, Cambodia, India,
Indonesia, Kenya, Mexico, Peru and Tanzania
■ 5 weeks on the ground per project (one week for the Executive
Laboratory, a TEM Lab variation designed for Executive MBA students)
PROYECTO SALTA INTERNSHIP 2013Since 2011, Thunderbird students have worked with women entrepreneurs in Peru through a consulting program funded by Thunderbird for Good partners.
Summer 2013
■ 7 Thunderbird student consultants in Peru
■ 12 weeks on the ground
■ 303 women entrepreneurs served
■ 1,800+ hours of one-on-one or small group consulting
13,665TEM Lab consulting hours
in fiscal year 2012-13
TEM Lab students observe Angolan farming practices in November 2012.
Global Faculty
8
Been there, done thatThunderbird faculty blend theory, practice
Thunderbird Professor Robert Hisrich, Ph.D., draws from firsthand experience when
he teaches his entrepreneurship students about the importance of building credibility with potential investors and clients. He started with little of the elusive asset in 1969 when he and a partner launched a company selling light-weight, durable plastic pallets.
At the time, Hisrich had sales and brand management experience at Procter & Gamble and Ford Motor Co., but no proven record in entre-preneurship. The pallet enterprise made money, but Hisrich gained more knowledge than wealth before eventually selling the startup.
Since then, he has launched a range of enterprises linked to hos-pitality, auto safety, contact lenses, locks, medical software and a variety of consumer goods. His latest start-up, La Bella Terre, produces natural foods and other products sold at AJ’s Fine Foods and other outlets.
6.5Average years of real-world management and leadership
experience per full-time Thunderbird faculty
Been there, done thatThunderbird faculty blend theory, practice
9
“I’m very good at taking products and services to market, and taking businesses to market,” says Hisrich, who has 40 years of real-world expe-rience in sales, brand management, entrepreneurship and consulting.
He is one of many full-time Thunderbird professors who brings firsthand business experience to the classroom. Thunderbird Dean of Faculty and Clinical Profes-sor of Accounting Dale Davison, Ph.D., was a partner in the office of Deloitte & Touche. Thunderbird Associate Professor of Global Stud-ies Roy Nelson, Ph.D., worked at Pharmacia & Upjohn Corp. in São Paulo, Brazil. And Thunderbird As-sociate Professor of Global Mar-keting Sundaresan Ram, Ph.D., started his career as a trilingual salesman in his native India. He quickly established a reputation for success in industrial and consumer marketing, consulting for some of the world’s top companies from places such as Australia, New
Zealand, Singapore, Dubai, China, Malaysia and Canada.
Overall, Thunderbird faculty re-port an average of 6.5 years of non-academic management or leadership experience. The same group also maintains high academic creden-tials, with 94 percent holding Ph.Ds.
“Having a Ph.D. does not elimi-nate real-world experience,” says Hisrich, director of Thunderbird’s Walker Center for Global Entrepre-neurship.
Hisrich’s own career has focused on three pursuits: Research, writ-ing and entrepreneurship. As an academic, Hisrich has lectured at universities in Ireland, Hungary and the United States — including MIT and Boston College. As an author, he has produced 32 books. As an entrepreneur, he has taken two companies public and invested time and money in numerous others.
“I try to keep these three pursuits balanced,” he says. “I love them all.”
GLOBAL PROFILE ■ 50 full-time professors
■ 30% (15) women
■ 94% (47) hold Ph.D.’s
■ 2.1 languages spoken at the
advanced or intermediate
level, on average, per full-time
professor
■ 35 countries where
Thunderbird educators
ran programs with degree
candidates or Thunderbird
Executive Education clients in
fiscal year 2012-13.
■ 5.4 countries or territories
visited outside the united
States, on average, per full-
time professor in fiscal year
2012-13.
■ 42% (21) originate outside the
united States (including one
professor from the u.S. territory
of Puerto Rico). Countries of
origin or citizenship include:
17.5Years living or working
outside native country or territory, on average, per
full-time professor
Australia, Brazil, Canada, China, Cuba, Egypt, Finland, France, Germany, India, Iran,
Malaysia, Nigeria, Peru, South Africa, South Korea, United Kingdom and United States.
Global Faculty
10
Thought leadershipKey metrics of full-time Thunderbird professors, fiscal 2012-13
■ 88 academic articles and book
chapters
■ 58 keynote addresses
■ 79 conference presentations
■ 110 editorial or advisory
positions with academic
journals
Thunderbird Professor Karen Walch, Ph.D., teaches a class with incoming students on Aug. 28, 2012.
Karen Brown, Ph.D. Editor of the Year, 2012 Journal of Operations Management
Outstanding authors
Top researchers from all over the world honored two Thunderbird thought leaders during the Academy of Management annual meeting Aug. 3-7, 2012, in Boston, Massachusetts. Thunderbird Professors Mansour Javidan, Ph.D.,
and Mary Teagarden, Ph.D., won the Emerald Literati Network Award for Excellence for Outstanding Author Contribution for a Chapter in a Continuing Series. The winning chapter, which appears in Volume 6 of Advances in Global Leadership, discusses the science of conceptualizing and measuring global mindset. Javidan and Teagarden frequently collaborate on global mindset research at Thunderbird’s Najafi Global Mindset Institute.
11
900Face-to-face contact hours
with Thunderbird faculty per full-time MBA
student
231Newspaper or magazine
articles citing or authored by Thunderbird faculty,
fiscal year 2012-13
13.6Average number of
years at Thunderbird per full-time
professor
Mansour Javidan, Ph.D. Mary Teagarden, Ph.D.
12
Global Faculty
Developing Your Global Mindset by Mansour Javidan and Jennie Walker (Beaver’s Pond, 2013)
Managing Innovation and Entrepreneurship co-authored by Robert Hisrich (SAGE Publications, 2013)
Entrepreneurship, 9 edition co-authored by Robert Hisrich (McGraw-Hill/Irwin, 2012)
Mastery of Business Presentations by Elizabeth Macdonald (Applied Wisdom Publishing, 2013)
Family Business, 4 edition by Ernesto Poza (Cengage Learning, 2013)
Mastery of Business Writing by Elizabeth Macdonald (Applied Wisdom Publishing, 2013)
Governpreneurship co-authored by Robert Hisrich (Edward Elgar Pub, 2012)
Multinational Business Finance, 13 edition co-authored by Michael Moffett (Prentice Hall, 2012)
Management Frameworks co-authored by Andreas Schotter (Routledge, 2012)
Supply Chain and Transportation Dictionary, 4 edition by Joseph Cavinato (Springer, 2012)
Books that matterNew faculty titles, fiscal year 2012-13
13
TOP CASES Bestsellers in Thunderbird Case Series, 2012
1. Renault Nissan: The Challenge of Sustaining Change by Kannan Ramaswamy
2. Blood Bananas: Chiquita in Colombia by Mary Teagarden and Andreas Schotter
3. LG Electronics: Global Strategy in Emerging Markets by Kannan Ramaswamy
4. Southwest Airlines by Andrew Inkpen
5. Financial Statement Analysis by Graeme Rankine
6. Wal-Mart Tries on Cheap Chic by Lauranne Buchanan
7. Mattel Toys by Michael Moffett
8. Toyota: The Accelerator Crisis by Michael Greto, Andreas Schotter and Mary Teagarden
9. Hydro-Quebec and the Great Whale Project by Allen J. Morrison and Detlev Nitsch
10. Trash Bags in Brazil by Rosane Gertner, Dennis Guthery and Richard Ettenson
79,259Copies of Thunderbird
cases sold in 2012
Thunderbird Professor Graeme Rankine, Ph.D.
330Cases in Thunderbird Case Series since its formation
in 1997 (11 published in 2012)
Global Alumni
14
A world of difference
Thunderbird alumni create a positive impact as global business leaders, but they also make a difference through their social outreach. On average, each alumnus donates more than two weeks of full-time labor each year to
support their communities. Three T-birds combined their efforts in June 2013 to raise awareness for melanoma research and prevention during Race Across America, a nonstop 3,000-mile relay from Oceanside, California, to Annapolis, Maryland. Ken Duffy ’08 volunteered on the support team, Travis Smith ’07 provided photography, and Josh Sherwood ’06 was one of three cyclists who completed the race for Team Melanoma Exposed, sponsored by Bristol-Myers Squibb.
THuNDERBIRD ALuMNI PROFILE Average experience of each alumnus 20 years after graduation*
*Based on combined online surveys of Thunderbird alumni, starting in summer 2011 with the class of 1991. The summer 2013 survey generated 104 responses from alumni in the class of 1993. Overall, 332 of 2,796 alumni from the targeted classes have responded to three annual surveys, representing 11.9 percent of the population.
9.4
Years living outside home country
2.2Languages spoken at the advanced or intermediate level
26.6Countries visited, lifetime
47.8%
Have owned or founded their own company
38.3%Have held C-level positions
11.9%Work in the public or social sectors, or manage corporate social responsibility
Thunderbird familySummary of degree program graduates since the school’s founding in 1946:
39,828 Alumni living
42,040 Alumni living or deceased
148 Countries where alumni live or work
27% Alumni living outside their countries of origin
26% Alumni living outside the United States
Nontraditional alumni from Thunderbird Executive Education and Thunderbird for Good certificate programs:
38,780 Participants in fiscal year 2012-13
15
Thunderbird alumni, from left, Ken Duffy ’08, Josh Sherwood ’06 and Travis Smith ’07 of Team Melanoma Exposed prepare for Race Across America in June 2013.
83.4Annual hours of volunteer
or charity work, on average per alumnus*
Star Wars blew away young Sunder Kimatrai ’92 when the Twentieth Cen-tury Fox film hit theaters in Bombay, India, in 1977. The boy developed a lifelong passion for movies, and today he oversees distribution of Twentieth
Century Fox films in Asia Pacific as the region’s senior vice president. The job allows Kimatrai to combine his love for movies with his passion for travel and meeting people from diverse places.
“When you live abroad, it allows you to see other people differently.”
— Sunder Kimatrai ’92On his global assignments all over Asia Pacific
Global Alumni
16
Prominent Thunderbird AlumniRobert Eichfeld ’67 Grameen Foundation Chairman
Robert Shanks ’76 Ford Motor Co. Chief Financial Officer
Javier Perez ’77 MasterCard Europe President
Anthony Hassiotis ’77 Postbank CEO and Chairman
Phil Cabrera ’78 McDonald’s VP and International Treasurer
Bob Dudley ’79 BP Group CEO
Theo Van der Loo ’79 Bayer President
Saad Abdul-Latif PepsiCo CEO, Asia, Middle East and Africa
Cindy Davis ’81 Wal-Mart Executive VP, Global Customer Insights
Candy Ergen ’81 Dish Network Co-founder
Jacques Tapiero ’82 Eli Lilly President, Emerging Markets
Carol Schuster ’83 Royal Caribbean Senior VP, Marketing
William Wade ’83 Asia Satellite President and CEO
Jim Alling ’85 T-Mobile Chief Operations Officer
Joaquin Duato ’85 Johnson & Johnson Worldwide Chairman, Pharmaceuticals
Ed Verona ’87 u.S.-Russia Business Council President and CEO
William Tung ’87 Columbia Sportswear VP, Latin America and Asia Pacific
Sunder Kimatrai ’92 Twentieth Century Fox Senior VP, Asia Pacific
Kim Williams ’92 CORE Media Group Chief Financial Officer
Eduardo Conrado ’92 Motorola Solutions Senior VP, Marketing and IT
Moukarram Atassi ’92 Commercial Bank of Dubai Head of Investment Group
Gordon Smith ’96 JP Morgan Chase CEO, Consumer & Community Banking
Mark Smucker ’96 J.M. Smucker Co. President, uS Retail Coffee
Robert Sasaki ’98 LaCrosse Footwear President
Roman Vasilev ’03 Government of Bulgaria Minister of e-Government
Johnson & Johnson rejected Joaquin Duato ’85 the first time he interviewed with the company as a young MBA. Fortunately, he found a job with Eli Lilly in its management development program. “They saw the potential in me,”
Duato says. He made the most of the opportunity, leading Johnson & Johnson to take a second look at him in 1989. Today Duato serves as Johnson & Johnson’s Worldwide Chairman of Pharmaceuticals.
“Take the blows, stand up and be resilient.”
— Juaquin Duato ’85Speaking at Thunderbird, April 2, 2013
Prominent Thunderbird AlumniRobert Eichfeld ’67 Grameen Foundation Chairman
Robert Shanks ’76 Ford Motor Co. Chief Financial Officer
Javier Perez ’77 MasterCard Europe President
Anthony Hassiotis ’77 Postbank CEO and Chairman
Phil Cabrera ’78 McDonald’s VP and International Treasurer
Bob Dudley ’79 BP Group CEO
Theo Van der Loo ’79 Bayer President
Saad Abdul-Latif PepsiCo CEO, Asia, Middle East and Africa
Cindy Davis ’81 Wal-Mart Executive VP, Global Customer Insights
Candy Ergen ’81 Dish Network Co-founder
Jacques Tapiero ’82 Eli Lilly President, Emerging Markets
Carol Schuster ’83 Royal Caribbean Senior VP, Marketing
William Wade ’83 Asia Satellite President and CEO
Jim Alling ’85 T-Mobile Chief Operations Officer
Joaquin Duato ’85 Johnson & Johnson Worldwide Chairman, Pharmaceuticals
Ed Verona ’87 u.S.-Russia Business Council President and CEO
William Tung ’87 Columbia Sportswear VP, Latin America and Asia Pacific
Sunder Kimatrai ’92 Twentieth Century Fox Senior VP, Asia Pacific
Kim Williams ’92 CORE Media Group Chief Financial Officer
Eduardo Conrado ’92 Motorola Solutions Senior VP, Marketing and IT
Moukarram Atassi ’92 Commercial Bank of Dubai Head of Investment Group
Gordon Smith ’96 JP Morgan Chase CEO, Consumer & Community Banking
Mark Smucker ’96 J.M. Smucker Co. President, uS Retail Coffee
Robert Sasaki ’98 LaCrosse Footwear President
Roman Vasilev ’03 Government of Bulgaria Minister of e-Government17
Global Clients
18
15,579Thunderbird Executive Education participants
educated, fiscal year 2012-13
Lifelong learning
Thunderbird Executive Education delivers highly rated certificate programs for working
professionals in corporate, government, and social sector organizations. Participants engage with world-class educators in a two-way knowledge pipeline, which carries classroom theory to the field and real-world expertise to Thunderbird. The result is a rich community of lifelong learners that extends to more than 140 countries worldwide.
19
DEVELOPING LEADERS FOR THE 21ST CENTuRY
Rugs and floor cushions replaced traditional classroom tables and chairs when high-potential supervisors from Saudi Aramco gathered for a Thunderbird Executive Education program delivered in May 2013 in Ras Tanura, Saudi
Arabia. The transformed learning environment set the stage for a custom workshop designed to help the oil and gas company contemplate a larger transformation as part of its 2020 Vision. Overall, Thunderbird Executive Education delivered more than half of its programs outside the United States in fiscal year 2012-13.
Thunderbird Executive Education results, fiscal year 2012-13:
High-potential supervisors from Saudi Aramco participate in a Thunderbird Executive Education program in Saudi Arabia.
48Custom clients served,
including 30 new clients, in fiscal year
2012-13
61%
Proposal win rate with custom clients
4.4Customer satisfaction on 5-point scale
200+Delivery methods in Thunderbird methods database
12%
Revenue growth, year over year
13Faculty delivering programs in the Middle East
288Instructors in the Thunderbird Educator Network
478 On-campus program deliveries
508Off-site program deliveries
800Online course participants in 184 programs
Global Clients
20
77 cities where Thunderbird Executive Education ran programs, fiscal year 2012-13
1,166 programs delivered worldwide, fiscal year 2012-13
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Locations where Thunderbird Executive Education ran programs, fiscal 2012-13
21
Worldwide … and online
Thunderbird Executive Education runs programs wherever their clients need services, which
increasingly includes virtual sites managed by Thunderbird Online. One new leadership development program for KPMG Mexico caters to 200 high-potential managers and supervisors spread across Mexico. The synchronous program is 100 percent online, cost and time efficient, and taught completely
in Spanish. The content, based on the Fundamentals of
Management program delivered to
Merck, is being delivered in
eight modules spread over two months in summer 2013.
23Countries on five continents where Thunderbird Executive
Education ran programs, fiscal year 2012-13
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Afghanistan to PeruThunderbird for Good, founded in 2005, creates sustainable prosperity through business education for all. Programs in fiscal year 2012-13 served women entrepreneurs from Afghanistan, Chile, Haiti and Peru. Many participants, such as Haitian business owner Wesmia Bruno, moved quickly to apply the skills they learned at Thunderbird. Shortly after completing her two-week program on campus, Bruno launched a digital marketing firm in Haiti that attracted three major clients within three months. The company complements a graphic design and marketing firm that Bruno previously started in 2011.
Global Citizenship
“The people at Thunderbird are awesome. The two weeks I spent here were amazing.”
— Wesmia BrunoGlobal Cohort participant
from Haiti
119,126Instruction hours for participants
in all Thunderbird for Good programs, fiscal
2012-13
23
SERVING NONTRADITIONAL STuDENTSThunderbird for Good participation, fiscal 2012-13
23,201Participants in Thunderbird
for Good programs, fiscal year 2012-13 (85,766 participants
since 2005)
GLOBAL COHORTIn partnership with Goldman Sachs 10,000 Women and the U.S. State Department
■ 27 participants from Haiti
■ 102 hours of instruction, per
participant, in Arizona
■ 2,754 instruction hours
DREAMBUILDER: THE WOMEN’S BUSINESS CREATORIn partnership with Freeport McMoRan Copper & Gold
■ 57 participants from Chile & Peru
■ 24 hours of online instruction,
per participant
■ 1,368 instruction hours
GOLDMAN SACHS 10,000 WOMEN AFGHANISTANIn partnership with Goldman Sachs 10,000 Women
■ 83 participants
■ 82 hours of instruction, per
participant, in Afghanistan
■ 6,806 instruction hours
PROJECT ARTEMIS AFGHANISTAN
■ 11 participants
■ 96 hours of instruction, per
participant, in Arizona
■ 1,056 instruction hours
GOLDMAN SACHS 10,000 WOMEN PERUIn partnership with Goldman Sachs 10,000 Women, Australian Agency for International Development, Mibanco, and the Multilateral Investment Fund of Inter-American Development Bank
■ 259 participants
■ 150 hours of instruction, per
participant, in Peru
■ 38,850 instruction hours
PROYECTO SALTAAn extension of the Peru partnership
■ 22,764 participants
■ 3 hours of instruction, per
participant, in Peru
■ 68,292 instruction hours
Global Rankings
24
No. 1Thunderbird’s rank in international business from U.S. News & World
Report (18 years in a row) and Bloomberg Businessweek
World-class programsSince its founding in 1946, Thunderbird has been synonymous with global leadership in management education. This leadership is recognized in major publications around the world, which consistently rank Thunderbird degree and certificate programs among the top-tier performers. Learn more at www.thunderbird.edu/rankings.
MBA Rankings
Executive Education
■ No. 3 Top Open Enrollment
Programs in the World,
Financial Times 2013
■ No. 9 Overall Executive
Education, Financial Times 2013
■ No. 15 Top Custom Programs,
Bloomberg Businessweek 2011
INTERNATIONAL FULL-TIME MBA
U.S. News & World Report (2014)
1. Thunderbird
2. university of Pennsylvania
(Wharton)
3. university of South Carolina
(Moore)
4. university of Michigan-Ann
Arbor (Ross)
5. New York university (Stern)
Other Key Rankings
■ No. 1 Internationalism of
Alumni, The Economist 2011
■ No. 3 Best Executive MBA
Programs, The Wall Street Journal 2010
■ No. 4 Top MBA Online
Programs, QS Distance Online
MBA Rankings 2012
TOP MBA PROGRAM BY SPECIALTY: INTERNATIONAL BUSINESS
Bloomberg Businessweek (2012)
1. Thunderbird
2. INSEAD
3. IMD
4. London Business School
5. Georgetown (McDonough)
25
Thunderbird School of Global Management students celebrate their commencement on campus near Phoenix, Arizona.
Global Impact
Thunderbird is the world’s No. 1-ranked school for international business, educating global leaders who create sustainable prosperity worldwide. For more than 65 years, the school has instilled in students the entrepreneurial spirit, business acumen, and multi-cultural, multi-disciplinary skills necessary to thrive in a global economy. Today, in addition to being the first graduate business school to officially adopt a Professional Oath of Honor, Thunderbird is a center of thought leadership and educational excellence for degree candidates, working professionals, corporations, non-government organizations, and all those who seek to make a global impact.
1 Global Place, Glendale AZ 85306-6000 | T: +1 602 978-7000 | www.thunderbird.edu
CONNECT WITH US: thunderbird.edu/facebook thunderbird.edu/twitter thunderbird.edu/linkedin thunderbird.edu/googleplus