University Of Pennsylvania – Wharton School Of Business
University of Pennsylvania – Wharton School of Business
The oldest US Business School came into being with a $100,000 gift from Joseph Wharton to the University of Pennsylvania in 1881. It started as “School of Finance and Economy” and later added the MBA program in 1921. Wharton was also the first to add MBA program in Health Care Management in 1970. It opened its Executive MBA program in 1975.
Numbers at Wharton
Applications: 5,905
Accepted: 19.6%
Yield: 74%
Class Size: 856
International Students: 30%
International Students: 30%
Average GMAT: 732
Average WorkEx: 5 years
Understanding Wharton
Nearly every department at Wharton is among the top ranks. Thanks to the Quantitative and Analytical skills woven in the curriculum at the school. Analytics is the way of thinking at the school.
Wharton is a truly global school. It offers a number of global learning activities such as Global Immersion Programs, the Global Consulting Practicum, and Global Modular Courses. You can also works towards global dual-degree programs.
The number of student clubs at Wharton is so big that there is one for everyone – oh, not just to participate but to be a president. You will have enough choices to not just find your calling but also to lead a team – inside or outside the classroom. This is to help you to be an inclusive part of the community – inside and outside of Wharton.
Wharton’s new brand platform –Knowledge for Action. It relatesto rigorous research, dynamic thinking, and thoughtful leadership. The Experiential Learning helps you get prepared for the real world through real world simulation exercises.
Center for Leadership and Change Management forms the core of the leadership program at Wharton.Leadership Ventures can include mountaineering, glacier trekking, mountain biking, rafting, sailing etc.
You can choose one of the 19 majors available at the school or create a new major for yourself as 5% of the students at the school do.
The professors at Wharton use a blended method of teaching using case studies, cold calls, real life examples, and traditional lectures. You work on team projects, simulations, and presentations.
Wharton follows a voluntary grade non- disclosure policy but most students abide by it.
Penn Language Center offers language courses from literally A to Z (Afrikaans to Zulu)
For a more experiential approach, Wharton students can take the “Field Application Project” (FAP) course, which develops students’ expertise at addressing and framing unstructured problems, for which a single set of techniques or conceptual lenses will not suffice.
Wharton has 98,000 alumni in 153 countries, and these graduates stay connected to the school and each other through 77 alumni clubs with chapters on six continents.
You can choose a semester-long exchange program at any of the 17 partner schools including INSEAD, AGSM, CEIBS, HEC, IESE, ISB and LBS.
The Wharton International Volunteer Program empowers interested students to work on development projects with small organizations located in emerging economies.
You might find it interesting
A charity fundraiser by the Marketing Club at the end of every academic year. Proceeds from recent years’ shows have benefited Musicians On Call, an organization dedi- cated to bringing music to hospitals.
Want free beer or pizza? Head to the MBA Pub every Thursday. Because Wharton has no classes on Friday, Pub serves as an ideal way for many students to mark the end of the academic week, kick off the weekend, and catch up with classmates and professors
The Penn Fight Night is an important annual tradition at Wharton. Each winter, students and partners face off against fighters representing other UPenn graduate schools in a university- wide, amateur boxing match to raise money for the Boys & Girls Clubs of Philadelphia.
An annual bar crawl, the Walnut Walk, where both boys and girls have to wear “Business on Top, Party on Bottom.” It means professional wear on the upper half of one’s body and pretty much “anything goes” on the lower half.
It is an annual music comedy that pokes fun at MBA life at Wharton and also one of the largest club at Wharton. Entirely written, produced, and performed by students and boasting a six-figure budget, it is one of the largest and longest-running such productions at any graduate program.
Most students don’t live on campus. Instead, most make the quick trip across the Schuylkill River to Centre City.
It’s not uncommon to see children running around on campus, and the school makes every opportunity to integrate families into social activities and even learning opportunities. Wharton Kids have their own club, as do Wharton Partners.
Monies at Wharton
Fees
$81,378
Living Cost
$22,670
Placements (3 months)
$81,378
Median Salary
$135,000
Top Employers
Amazon, Alibaba, Apple, Bain$Co., Barclays, Cargill, Citi, CreditSussie, Deloitte, eBay, Enernoc, Google, GoldmanSachs, intel, GE
Wharton is a Good Fit if
You are interetsed in finance. There is no hiding that Wharton is the biggest name when it comes to finance. The school sends a large number of students to investment banking, hedge funds, private equity, etc.
You are interested to be an entrepreneur. Second most popular field of study at Wharton. The school has a good interest in innovation and social impact and hence, approximately 50 students start a company straight out of the school.
You have international experience on your belt. Wharton loves the intercultural stories and values of students who have been out of their comfort zone.
You want to work in health care. Wharton offers one of the strongest and oldest health care programs.
More about Wharton
The Wharton Journal is a weekly newspaper catering to and written by Wharton MBA students It covers both school and world news and provides student commentary on current events.
Knowledge@Wharton is a free online business research and analysis journal produced by the Wharton School It is pro- duced in several languages, and is also available in podcast format via iTunes
The Wharton Center for Leadership and Change Management publishes the monthly Wharton Leadership Digest, which shares research, events and case studies related to effective leadership
Admission Interviews at Wharton are blind meaning that the evaluators does not review candidates’ resume or application before meeting them. The team-based discussions are roughly 45 minutes in length and are conducted on campus by Admissions Fellows and in multiple hub cities around the world by admissions officers.
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Harvard Alumni for your Applications
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