1. Presentation to Wharton Business Administrators Linda Kaelin & Mallory Hiatt September 16, 2010

2. AGENDA Overview of Wharton-INSEAD Alliance PhD Exchange Rollout of forms, processes and procedures Q&A Dated: 9-16-10

3. What is Unique about the Wharton-INSEAD Alliance? Fits the agenda of both schools Unmatched combination of skills and locations Globalization Transcultural leadership Global network of knowledge Across (4) campuses -Singapore & Fontainebleau – INSEAD -Philadelphia & San Francisco – United States Components: MBA Exchange PhD Exchange Joint Executive Education Programs Co-Branded Courses Alliance R&D Center Exchange Joint Alumni Activities Faculty Exchange Long & Short-Term

4. Wharton-INSEAD Center for Global Research & Education I.PhD Exchange http://phd.wharton.upenn.eduhttp://phd.wharton.upenn.edu II.Research Grants http://inside.wharton.upenn.edu/faculty/http://inside.wharton.upenn.edu/faculty/ (under Research Section) III. MBA Exchange IV. Faculty Exchange Background Terms & Conditions (Guidelines & Eligibility) FAQ’s Application for Exchange PhD Exchange Budget Application Invitation Letter Application form for Research Grant Sample Award Letter http://www.wharton.upenn.edu/locations/mba-student-exchange.cfm FAQ’s  Requests for travel funding use Research Grant Proposal in II above Principles & Guidelines http://inside.wharton.upenn.edu/faculty/fac_exchange_principles_guidelines.pdf Faculty Exchange Application http://inside.wharton.upenn.edu/faculty/fac_exchange_app.pdf http://inside.wharton.upenn.edu/faculty/fac_exchange_app.pdf

5. VI. Contact List V.Research Award Reimbursement Process for PhD, MBA, Faculty short and long term visits Place 2399-xxx number as first part of description on all reimbursements Use 070-your org-1-010703-xxxx-1502-faculty cref Keep a spreadsheet of all charges with the following for each faculty and each award http://inside.wharton.upenn.edu/faculty/Alliance_contacts.pdf −Faculty name and 2399-xxx number −Date of expense −Amount of expense in dollars −Conversion amount as of the date of the expense in Euros −Description of Expense −Total amount of Award Reimbursements should follow the approved budget. Contact Linda Kaelin 8-7174 with any questionable charges or budget balances.

6. The Wharton-INSEAD PhD Exchange was established to promote international scholarship and collaborative research with members of each school’s faculty. Examples of collaboration include use of technology-supported training and joint dissertation committees. Currently, Wharton PhD candidates are engaged in nine fields of specialization. Each student works closely with distinguished faculty members in programs developed to meet individual research interests and professional goals. Since 2002 14 PhD students have crossed campuses to collaborate on research. One requirement of the PhD student exchange program is that the visiting PhD student be sponsored by a faculty member of the host school sharing the same research area of interest. PhD Exchange program processes were established and implemented to provide consistency across departments and schools. Having consistency ensures compliance with both schools policies and procedures along with a centralized repository for all PhD data and information.

7. PhD Exchange:  Possibility of spending from one term to one year at INSEAD (Fontainebleau or Singapore campus) to work with Wharton faculty at INSEAD, or INSEAD faculty sharing same research area of interest.  Funding may be available through the Alliance Center for Global Research and Education.  Conditional on completion of first year of study and success in qualifying examination at Wharton  INSEAD courses over 5 periods:  P1: Sept-Oct; P2: Nov-Dec; P3: Jan-Feb; P4: March-Apr; P5: May-June PhD Collaboration:  Six INSEAD PhD Students have visited Wharton  Five Wharton PhD Students visited INSEAD in May-June 2009 and two in May-June 2010  Five joint doctoral dissertation committees have been set up  In 2009-10, two new faculty will start their careers at INSEAD, recruited from Wharton PhD program Further Information: http://phd.wharton.upenn.edu/ Contact: Mallory Hiatt (Associate Director, PhD Program); Linda Kaelin (Alliance Manager, Wharton)