International Exchange Programs (IEP) and Global Immersion Programs (GIP) Overview, 2008-2009

1. International Exchange Programs (IEP) and Global Immersion Programs (GIP) Overview, 2008-2009 Ada Obrea Roxanne Rawson MBA Program Office

2. International Exchange Programs (IEP) Ada Obrea MBA Program Office INTERNATIONAL EXCHANGE PROGRAMS

3. Why go on exchange? • Coursework with an international perspective • Access to local corporate & academic resources • Access to career services at host school • Cross-cultural & language development • Exploration of the country and region • Friendships with local students INTERNATIONAL EXCHANGE PROGRAMS

4. The Basics • Full semester, half-semester, or summer study at a partner school • Follows the completion of core courses • 4 Wharton credit units on semester exchange • 2 Wharton credit units on half-semester or summer exchange • With departmental approval, coursework may count toward the major • No extra tuition charge within 21 credit units; living expenses not included INTERNATIONAL EXCHANGE PROGRAMS

5. Exchange Partners Asia • Asian Institute of Management (Manila) • INSEAD (Singapore) • Keio Business School (Yokohama) • Sasin Graduate Institute of Business Administration, Chulalongkorn University (Bangkok) • Indian School of Business (Hyderabad) • Guanghua School of Management, Peking University (Beijing) • China-Europe International Business School [CEIBS] (Shanghai) Australia • Australian Graduate School of Management (Sydney) Middle East • Arison School of Business, IDC Herzliya South America • COPPEAD Graduate School of Business (Rio de Janeiro) Europe • London Business School • HEC School of Management (Jouy-en-Josas) • INSEAD (Fontainebleau) • IESE Business School (Barcelona) • Rotterdam School of Management • SDA Bocconi School of Management (Milan) • Stockholm School of Economics INTERNATIONAL EXCHANGE PROGRAMS

6. The Wharton/INSEAD Alliance • More than 700 MBA exchanges since 2001 • Approximately 40-60 students in each direction, each year • Students take a minimum of 3 INSEAD credits per period/quarter (1 INSEAD cu = .67 Wharton cu) • Can study for 1 or 2 quarters (consecutive or separate, Fontainebleau or Singapore or BOTH!) • Opportunities for INSEAD exchange are in the summer session following the first year; quarters 1, 2, 3, and 4 of the academic year; and the summer following second year Fontainebleau Singapore INTERNATIONAL EXCHANGE PROGRAM

7. The Application Process • When do you apply? • Fall for spring exchanges (2nd years) • Spring for summer and fall exchanges (1st and 2nd years) • What do we look for? • Persuasive and well written essay • Strong academic performance • Conduct becoming a Wharton student • Graduating class INTERNATIONAL EXCHANGE PROGRAMS

8. Sources of Information • “International Opportunities” under the MBA tab of Spike • Exchange calendars • Partner school fact sheets • Links to partner school websites • Policies and guidelines • Application form • IEP Info Sessions • Incoming exchange students from our partner schools • International Exchange Student Reception • Second year students who have gone on exchange • Resource library • MBA Program Office INTERNATIONAL EXCHANGE PROGRAMS

9. IEP Contact Ada Obrea Associate Director Wharton MBA Program Office 300 Jon M. Huntsman Hall aobrea@wharton.upenn.edu 215.898.7604 (to schedule an appointment) 215.898.5012 (direct line) INTERNATIONAL EXCHANGE PROGRAMS

10. MGMT 656: Global Immersion Program Roxanne Rawson MBA Program Office GLOBAL IMMERSION PROGRAMS

11. Course Design Elective course • 0.25 – 0.5 credit units • Pass/fail grade • On campus coursework • 2 to 4 week “in country” experience • Final research paper • Registration through course auction Program destinations • Student interest • Emerging, global markets GLOBAL IMMERSION PROGRAM

12. Course Objectives • Enrich students’ understanding of regional business, cultural and political environments. • Introduce students to local business practices through direct interaction with managers and government officials. • Explore different economic models as benchmarks for global business practices. • Promote intercultural awareness, communication and appreciation. GLOBAL IMMERSION PROGRAM

13. On-Campus Coursework and Preparation Lectures • Business/economic landscape • History • Politics Briefings • Visa application and travel arrangements • Health and safety orientation • Cross-cultural and business etiquette • Pre-departure logistics GLOBAL IMMERSION PROGRAM

14. In-Country Experience Country Overviews • Hosted by local business schools • Provided by cultural and educational attachés Site visits • Meetings with business executives and government officials • Tours of production facilities • Interactions with community leaders Alumni interaction • Dinner program with local alumni • Wharton Global Alumni Forum, when applicable GLOBAL IMMERSION PROGRAM

15. Deliverables Company/Organizational Brief • One-page Visit Summary • One-page • Assigned by team Final Research Paper • 10 pages • Individual research and analysis Attendance and Participation Program Evaluation GLOBAL IMMERSION PROGRAM

16. Taipei Beijing Shanghai Hong Kong 2008 GREATER CHINA GIP GLOBAL IMMERSION PROGRAMS

17. Santiago Buenos Aires São Paulo Rio de Janeiro 2008 SOUTH AMERICA GIP GLOBAL IMMERSION PROGRAMS

18. Bangkok Ho Chi Minh City Kuala Lumpur Singapore 2008 SOUTHEAST ASIA GIP GLOBAL IMMERSION PROGRAMS

19. 2007 AFRICA GIP Accra Nairobi Cape Town Johannesburg GLOBAL IMMERSION PROGRAMS

20. Delhi Bangalore Mumbai 2007 INDIA GIP GLOBAL IMMERSION PROGRAMS

21. Program Fee Inter-city Travel • Flights and ground transportation between program destinations Local Transportation to Site Visits • Typically motor coach • Occasionally public transpiration Accommodations • 3-4 star hotels, double room (single with supplemental fee) • Daily breakfast Miscellaneous Expenses • Program director and student coordinators • Local ground operators • Occasional meeting facilities GLOBAL IMMERSION PROGRAM

22. How to Plan Course Auction • 1st vs. 2nd year priority Finances • Deposit ~ $2,000 toward program fee • Program Fee and loan adjustment • Long-haul airfare, meals and incidental expenses • Travel documents and insurance Timing Issues • Flexible start date for 8-week internship • India GIP consumes winter break, including holidays • May/June GIPs consume first four weeks after final exams GIP vs. Trip vs. Trek GLOBAL IMMERSION PROGRAM

23. Student Coordinator Leadership Opportunity • In-country living experience • Native or near native language fluency • Local business contacts • Extensive pre-departure logistics • Travel with group overseas: 24/7 • Cross-cultural sensitivity • Good academic standing GLOBAL IMMERSION PROGRAM

24. Sources of GIP Information • Updated website information from September • Evaluations • Program-specific information sessions • Second year students who enrolled in GIP • 2008 GIP coordinators • MBA Program Office GLOBAL IMMERSION PROGRAM

25. GIP Contact Roxanne Rawson Director, Global Immersion Program Wharton MBA Program Office 300 Jon M. Huntsman Hall roxanne@wharton.upenn.edu 215.573.4622 (direct line) GLOBAL IMMERSION PROGRAM