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special report:
Planned
Partnership
Morning light illuminates the atrium in the Pam and Roy Herberger Administration Building at Thunderbird. (ROBERT FARTHING / RIESTER)
Poised to grow
Thunderbird expands global presence
with Laureate Education, Inc.
“Working
together, we
will expand
our global
operations
and impact.”
— ANN IVERSON
Chairwoman,
Thunderbird Board of
Trustees
Thunderbird School of Global Management
announced a plan on March
18, 2013, to partner with Laureate
Education, Inc., to expand its presence
around the world, reaffirming its position
as the world’s top institution for international
business education.
Thunderbird and Laureate plan to create a
jointly owned entity through which Thunderbird
will open multiple international instructional
sites, expand its online and executive
education programs and offer undergraduate
degree programs.
The partnership, which is expected to be finalized
by June, preserves Thunderbird’s independence
and continued operation as a private
not‐for‐profit (501(c)3) educational institution,
provides capital support to Thunderbird
and increases student enrollment at Thunderbird’s
Glendale, Arizona, campus.
All new programs will be reviewed and are
subject to approval by Thunderbird and its accreditors
and other relevant authorities. Thunderbird’s
Board of Trustees will maintain its autonomy
and control of its curriculum, faculty,
admission standards and all other aspects of
academic affairs.
Thunderbird, ranked the No. 1 school of international
business by U.S. News & World Report
and Bloomberg Businessweek, will enhance
its programs internationally through Laureate
Education’s extensive network of campuses,
spanning 29 countries.
Cities under consideration for Thunderbird
instructional sites include Madrid, Spain; Paris,
France; Santiago, Chile; and São Paulo, Brazil.
4 spring 2013