Wharton Establishes Partnership for Globalization

The University of Pennsylvania’s Wharton School has established a new partnership that will enhance teaching and research on the economic, technological, political and social aspects of globalization and the teaching of business languages, the school announced Thursday.

This Partnership for Globalization with Sovereign Bank, part of Banco Santander, will support two initiatives at the Wharton School and the Lauder Institute. The collaboration will be channeled through Santander Universities, a Global Division at Banco Santander committed to higher education.

Through this collaboration, the Lauder Institute will launch the TrendLab on Globalization, which will provide an in-depth analysis of globalizing trends on an annual basis.  Central to this three-year project is a five-day conference, hosted at the University of Pennsylvania and focusing on an annual theme.

The Lauder Institute, a joint venture between Wharton and the School of Arts and Sciences, will also design and implement a week-long workshop for teachers of foreign languages, drawn from the Santander network and universities in the United States.

These seminars will help language teachers learn basic business subjects and develop strategies to incorporate them into their language curricula, ensuring that students learn not only to communicate effectively in a foreign language, but also to develop culturally appropriate negotiation and management skills.

“This collaboration will bring together a global network of scholars and will further the Wharton School’s commitment to expanding and sharing knowledge about today’s evolving global economy,” Wharton School Dean Thomas S. Robertson said.  “We are deeply grateful for this gift and delighted to partner with Sovereign Bank and the Santander Group.”

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