Penn has forged a significant and growing footprint in Oceania. During a typical academic year, Penn hosts well over 100 students from Oceania. Since Penn and Australia’s University of New South Wales signed an exchange agreement in 2003, several dozen Penn students each year have traveled to Oceania to study or pursue internships. Today, Penn Global’s Global Partnerships Initiative team is actively working with peer institutions in the region to explore new avenues for engagement. In March 2018, Wharton’s Global Forum was held for the first time in Australia, signaling the region’s increasing importance for Penn.