Penn Lauder CIBER

Penn Lauder CIBER was established at the University of Pennsylvania in October 2002.

The Lauder Institute is the institutional home of Penn Lauder CIBER, a program funded by the U.S. Department of Education to establish Centers for International Business Education and Research (CIBERs) at leading universities across the United States. The program was created initially under the Omnibus Trade and Competitiveness Act of 1988 in order to increase and promote the nation's capacity for international understanding and economic enterprise. Administered by the U.S. Department of Education under Title VI Part B, of the Higher Education Act, the CIBER program links the manpower and information needs of U.S. business with the international education, language-training, and research capacities of universities across the United States. As of the most recent funding cycle, thirty-one universities have been awarded CIBER grants to serve as regional and national resources to business, students, and academics. Together, these CIBERs form a powerful network focused on improving American competitiveness and providing comprehensive service and programs aimed at helping U.S. business succeed in global markets.

Wharton School to Launch Knowledge@Wharton High School: New Venture Encourages Business Literacy for Next Generation

The Penn Lauder CIBER and the Wharton School of the University of Pennsylvania is pleased to announce the launch a high school version of its popular online journal Knowledge@Wharton, which reaches 1.25 million subscribers worldwide. Knowledge@Wharton High School (KWHS), will be fully operational in February 2009. It will be a free biweekly site offering articles, videos, podcasts, business-related learning simulations and interactive tools targeted to high school students as well as teachers. The goal is to help the coming generation understand business concepts and the role that business plays in realizing their dreams as well as driving innovation and social change.

Each issue of KWHS will feature articles on important global business trends and people, and will explore such topics as starting a business, managing money, running a sports team, playing the stock market, going green, finding an internship, becoming a fashion buyer and volunteering for a non-profit, to name a few. All content will be customized for mobile platforms. With more than 21 million students between the ages of 15 and 19 living in the United States and approximately 600 million worldwide, the potential audience for KWHS is large and currently untapped.

"Bringing leading-edge, yet accessible, economic and business knowledge to high school students around the world will contribute to enhanced life and career chances for millions of people," says Mauro Guillen, director of the Lauder Institute of Management & International Studies, which is provided seed funding and expert advice for this project.

For more information about KWHS, including pre-registering and essay contest details, please visit http://kwhs.wharton.upenn.edu.

Penn Lauder CIBER is proud to have contributed to the following project.

New in Wharton Global Finance Alliance Research Section: Single Family Offices: Private Wealth Management in the Family Context

As featured in the Knowledge@Wharton article, "SFOs in Action: How the Richest Families Manage Their Wealth"

June, 2008 - The Single Family Office (SFO), a professional organization that attends to wealth management and personal services for wealthy families, is part of a tradition that began during the Roman Empire. Today most SFOs control and invest family assets equaling more than $1 billion. Despite their influence, SFO operations have been hidden from public view and little understood...