(GLENDALE, Ariz.) January 28, 2008 — Thunderbird has been ranked No. 1 in International Business by the Financial Times in its annual worldwide ranking of full-time MBA programs, which were announced today.

This is the second year the Financial Times has included an International Business specialty in its annual look at the world’s best MBA programs, and Thunderbird landed the No. 1 position both years, ahead of University of South Carolina Moore; Georgetown University: McDonough; and INSEAD.

The Financial Times joins The Wall Street Journal and U.S. News and World Report which have also ranked Thunderbird No. 1 in international business for seven and 12 years respectively.

“Thunderbird’s continued showing as No. 1 in International Business by the world’s leading business publications is testament to the quality of the global management education we offer our students and the strength of our brand and reputation in the industry,” said Thunderbird President Ángel Cabrera.

Thunderbird has been dedicated to educating global managers since its founding 60 years ago, making it the first and oldest graduate management school focused exclusively on global business. The school’s graduates are distinguished by a global mindset, an entrepreneurial spirit and a strong social citizenship that allows them to create and lead enterprises across national and cultural boundaries, in different social, economic, and political environments.

Once again, Thunderbird, also made the Financial Times’ general list of the top providers of full-time MBA programs. The school is ranked No. 61 on the top 100 list of schools around the world, and No. 31 in the United States.