2013 thunderbird global · 2013 thunderbird global ... global alumni ..... 14 global clients ......

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

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Global Students

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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

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461

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20

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22

177

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111

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Number of Thunderbird students, by country, fall 2012

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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

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126

77

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54

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Global Students

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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.

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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

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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.

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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

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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

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“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

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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.

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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.

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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

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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

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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

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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

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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

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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.

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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

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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

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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

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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


GOLDMAN SACHS 10,000 WOMEN AFGHANISTANIn partnership with Goldman Sachs 10,000 Women

■ 83 participants


participant, in Afghanistan


PROJECT ARTEMIS AFGHANISTAN

■ 11 participants


participant, in Arizona


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


participant, in Peru


PROYECTO SALTAAn extension of the Peru partnership

■ 22,764 participants


participant, in Peru


Global Rankings

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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)

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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

2013 thunderbird global · 2013 thunderbird global ... global alumni ..... 14 global clients ......

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