Founded in 1881 as the first collegiate business school, the Wharton School of the University of Pennsylvania is recognized globally for intellectual leadership and ongoing innovation across every major discipline of business education. With a broad global community and one of the most published business school faculties, Wharton creates economic and social value around the world. The School has 5,000 undergraduate, MBA, executive MBA, and doctoral students; more than 9,000 participants in executive education programs annually and a powerful alumni network of 94,000 graduates.
Wharton runs a range of MBA programs that include the full-time MBA, MBA for executives, joint degree programs (MBA/MA) in international management and arts and sciences, MBA/law program, and MBA/public administration. The school also runs pre-college programs, undergraduate programs in economics, and dual-degree programs in international studies and business, management and technology, and life sciences and management. In the 2015–16 school year, 334 employers participated in the on-campus recruiting process; each student received an average of 7.6 first-round interviews and 1.8 job offers.
About 48% of Wharton's typical undergraduate class of 650 students go into financial services, with the top sectors being investment banking, investment management, and private equity. The Wharton School of the University of Pennsylvania requires applicants to submit either a GMAT or GRE score to be considered for admission to its full-time MBA program. With a 27% acceptance rate last year, the average student had a 722 GMAT and 3.58 undergraduate GPA. Two letters of recommendation must be submitted with an application.
International students are not required to submit TOEFL scores. The deadline to apply for its upcoming class is March 30, 2022. The best thing about Penn is definitely the people or the students.
All students are motivated to do well, but also passionate about multiple interests. It is the perfect blend of a campus life located in a city and the perfect example of a school with well-rounded students. Penn is also known for its research and professional resources. No matter what career you are considering Penn is the place to be.
It is the school with the highest percentage of students with internships. One complaint might be that the culture is too pre-professional, but Penn has a great liberal arts program as well. It has some of the best programs in linguistics, psychology, and urban studies. Penn is a campus where innovation and research are encouraged and fulfilled. Furthermore, it is one of the best colleges in terms of engaging and serving the community.
MBA students are required to tailor their studies by choosing a major or double major from among 19 areas of study and completing at least five credit units in each major area. The 19 major options include the "individualized major," an opportunity for students to complete their majors in an area not adequately covered by the more standard offerings. Nearly 5 percent of students choose to pursue this path, while about 40% of students opt to double major.
The Wharton School awards the Bachelor of Science with a school-specific economics concentration, and Bachelor of Arts degrees focusing on core management, general business, and international studies at the undergraduate level. At the graduate level, the Master of Business Administration program offers dual studies leading to a joint degree from other schools (e.g., law, engineering, government). Similarly, in addition to its tracks in accounting, finance, operations, statistics and more, the doctoral program co-sponsors several diploma programs in conjunction with other schools within the University. The college was a pioneer in so-called 'Executive Education'; custom learning experiences that lead to academic enrichment, however with no standing. Penn's four undergraduate schools include a college of arts and sciences, a business school, an engineering school, and a school of nursing. No matter which school or major students are enrolled in, Penn emphasizes that all undergraduate students receive a thorough foundation in the liberal arts.
Many students take courses across all four undergraduate schools and choose from countless interdisciplinary minors and dual degrees. Wharton's MBA Career Management Team offers a multitude of resources for MBA students seeking employment, including career education programs and mock interviews. Wharton students benefit from one-on-one advising in addition to employer information sessions, on-campus recruiting and job fairs, and varied opportunities for engagement with alumni.
Students can also go on international and domestic career treks hosted by student clubs and MBA Career Management to meet with firms in many industries. The undergraduate and professional profiles of Wharton students are quite diverse. The largest portion of the class, 39%, majored in the humanities, while another 33% had a STEM background.
After graduation, enrolled students then earned an average of five years of work experience. In terms of industry experience, 23% of students had backgrounds in consulting, followed by financial services and private equity/venture capital each at 14%. Technology and non-profit/government were next at 10% each Investment banking and investment management claimed 5% total and another 4% of students split evenly across the healthcare and CPG/retail industries.
Ready for a first-rate summer experience at America's first university? Founded by Benjamin Franklin in 1740, Penn offers an authentic Ivy League experience in the heart of Philadelphia for academically gifted high school students. Penn flourishes in and is enriched by a vibrant urban ecosystem steeped in history and brimming with arts, culture, and innovation.
Explore America's history in Philly's urban setting and feel the pulse of arts, culture, and innovation. Engage with leading faculty and build intellectual connections while taking challenging courses. For summer 2022, Wharton Global Youth Program is offering both on-campus and online summer programs. The Wharton School at the University of Pennsylvania in Philadelphia, Pennsylvania is the first ever collegiate business school. Wharton offers prospective MBA applicants either a two-year, full-time program or a two-year Executive MBA program.
The school also affords students the option of pursuing an MBA/MA through the well-regarded Lauder Program. Wharton is distinctive among leading programs for its high percentage of international students, mandatory yet flexible majors, and rigorous quantitative training. Penn is an elite private university located in Philadelphia, Pennsylvania. It is a large institution with an enrollment of 10,448 undergraduate students. Admissions is extremely competitive as the Penn acceptance rate is only 8%.
Popular majors include Finance, Management Sciences and Information Systems, and Philosophy. Graduating 96% of students, Penn alumni go on to earn a starting salary of $71,600. Wharton's MBA incoming class of has students from 83 countries, which is one of the highest among the top US business schools. The number of female students is 52% and the majority of students come from financial services backgrounds (28%), followed by consulting industry (23%). Both business schools attract the most qualified students in the world.
In 2014, students admitted to HBS had an average GMAT score of 730, while students admitted to Wharton had an average GMAT score of 727. Each school places a large emphasis on the personal statement for business school during the admissions process. In July 2014, Geoffrey Garrett assumed the role of the Wharton School's 13th dean. A former Wharton management department faculty member , he previously served as dean of two business schools in Australia, the University of Sydney and the University of New South Wales.
Given Wharton's reputation as a finance school, Dean Garrett's focus on globalization and innovation may, on the surface, appear to make him a surprise pick. However, Garrett believes in not resting on the laurels of Wharton's heritage and notes in a recent interview that " need to come to the world" as much as the world came to Wharton in the past. Shaking things up with the opening of the Penn Wharton China Center is one example of how Garrett is putting his words into action. Prospective Wharton candidates apply in their senior year of high school either through the early decision process or regular decision process.
These candidates are then grouped with a pool of applicants separate from those applying to the University of Pennsylvania's College of Arts and Sciences , School of Engineering and Applied Science , or School of Nursing. Each of the other three schools also forms its own separate pool of applicants. I have experienced several life-defining moments at the University of Pennsylvania that I am sure I wouldn't have encountered anywhere else. During my college application process a few years ago, I wanted an institution that would be a good academic, financial, and social fit for me. Over my few years there, I have had moments that solidified for me that the school met all of the three aforementioned criteria. My years at Penn haven't been completely rosy - what with catching the infamous "freshman plague," challenging classes, and considering several majors before finding my niche.
However, I can safely say I will be walking away from the University with contacts of amazing professors and staff, and more importantly, lifelong friends who feel like family. Wharton and Booth are two of the world's best business schools, on many fronts. Both programs consistently rank in the top seven worldwide, the quality of education and cost of attendance are comparable. Both schools are located in a major city with vast business resources and cultural attractions. Business students are required to complete 22 business courses, 10 electives based in liberal arts and sciences, and five more unrestricted electives anywhere in the Penn community. Wharton offers nearly two dozen concentrations for students looking to specialize.
Those concentrations include traditional business fundamentals like accounting, finance, and marketing as well as relatively new areas like social impact and responsibility, managing electronic commerce, and business analytics. This year, Wharton led in our admissions standards and employment outcomes category and placed seventh in the alumni experience category. At 7.62%, Wharton's acceptance rate was the toughest of all schools for students entering during the fall of 2020. Students entering this past fall averaged an SAT score of 1504 and 90% finished in the top-10% of their graduating high school classes. Ninety-nine percent of the members of the Class of 2021 who sought employment after graduation had secured at least one job offer by mid-September 2021. The most popular post-MBA industry for 2021 graduates was financial services, with roughly 35% of the class joining such firms.
Just over 27% of graduates took jobs in the consulting industry. Technology, healthcare, and retail were the next most common post-MBA industries, representing roughly 19%, 5% and 3% of the class, respectively. Graduates also found work in real estate, media and entertainment, manufacturing, energy, social impact and professional services sectors.
University of Pennsylvania requires EMBA applicants to submit either a GMAT or GRE score, but the program will also accept Executive Assessment scores from applicants with at least 8 years of full-time work experience. The average Wharton EMBA student has a 640 to 740 GMAT score and 12 years of work experience. Students enter the program with a median base salary of $221,000 prior to enrolling. There are two admissions rounds each year, with one in December and another in February. There are currently 236 students enrolled between Wharton's two EMBA programs in Philadelphia and San Francisco.
Classes in business and finance abounded at the Wharton School, but it lacked in any other areas of business interest. Edmund J. James, with a doctorate from the University of Halle in Germany, reinvigorated the school's curriculum, starting classes on political finance and administration. Later in 1885, James argued for redesigning the course of study at Wharton with elements of German higher education. He wanted to include training in banking, railroading, merchandising, manufacturing, and other similar branches, and expand the course's length to four years from the initial three. Joseph Wharton in November 1893 pledged an additional $75,000 to the school in order to implement James' ideas in the school's curriculum. Between 1895 and 1915, James started teaching at Wharton the new fields of finance and management as they were developing in the business world.
The Wharton School improved its reputation from a bunch of academic "misfits," and some of its alumni rose in the U.S. business world. During this period, the school continued to attract additional faculty members and expand its research programs. You will take at least one third of your classes outside of Wharton, in Penn's other 11 schools. Our flexible program combines the study of business and arts and sciences with dynamic professors and hands-on experiences. When you follow your interests and gain knowledge of the leading edge of business practices, you can succeed in any career you choose.
Strengths - Great approachable Professors, almost any class or activity you can think of, wonderful diversity, beautiful campus. Greek life is active, but not necessary to have a rich social life. Tuition, room and board are expensive but there's lots of aid available. Highly recommended, but very competitive admission rate ( around 8% ).
Suggest applying Early Decision if Penn's your first choice ( 18% acceptance rate ). The university maintains four undergraduate schools which provide a combined 99 undergraduate programmes in sciences, business, humanities, and natural engineering. Providing a combine undergraduate graduation rate of 96 percent for six years, it also maintains 12 graduate and professional schools.
What S The Difference Between Wharton And Upenn It provides the option to practice specialized dual degree programs. The Wharton School of the University of Pennsylvania is one of the most well-known and prestigious business schools in the country. Featuring rigorous courses in disciplines like finance, healthcare administration, and economics Wharton's MBA program attracts some of the most ambitious, career-driven MBA applicants. University of Michigan, Ann Arbor, is the flagship campus of the University of Michigan school system. The public university offers 263 degree programs, enrolls 29,026 undergraduate students and is known for its athletics program. Majoring in business can open doors to a wide range of professional opportunities for graduates and it also can lead to big paychecks.
It is true that, unlike in attending medical school, the requirements for business schools, in general, are more open. There are no required undergraduate classes, for example, that a student must complete to get accepted into UPenn Wharton. The undertaking of applying to the Wharton School's MBA program is a multifaceted process. It is important to maintain an organized and motivated mindset throughout the application process. As the number one business school in America, Wharton is quite competitive, and it's in your best interest to present yourself as well as you can. Wharton has a ranking of number one in both finance and real estate, number three in accounting, and number five in international business among business schools.
Truly, as an institution, Wharton excels in many industries every year. I believe that the intersection of these disciplines— and at the core of that, a comprehensive liberal arts education— can truly open my mind to tackling the world's problems with innovative solutions. I want to design an education for myself that helps me to consider problems like global warming holistically. Rather than a gain singular perspective from the hard sciences, business practices, or public policy, I can truly contribute to challenging the status-quo from the intersection of these subjects. An inside view of science and technology will also aid in my eventual plan to go into either environmental or intellectual property law. As to Alumni, it is really hard to make a judgment based on isolated feedback.
If you put in a minute and some thought into a message to an alum, as long as you can reach them, I am sure it will work out. From my own experience, if someone clearly not wasting my time, and gives me options and clearly won't be trying to mooch off, I would be happy to give time and lend a hand. But bottom line I feel alum rating and welcome weekends are the same - they are not consistent indicators.
