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2003 FULL-TIME MBA PROFILE
The University of Pennsylvania
The Wharton School

Sections:  Getting In  | Academics & Lifestyle | Careers & Alumni Affairs | Graduate Comments


Address: Suite 420 Jon M. Huntsman Hall
3720 Walnut Street
Philadelphia, PA 19104
E-Mail: n/a
Web site: http://www.wharton.upenn.edu
Directions to school


ENROLLMENT

2003/2004 Classes begin: Sept. 3, 2003

Year program was founded: 1921

Institution is: U.S., Private

Length of program: 18 months


Total graduate enrollment 2,249
Full-time MBA students 1,664
Part-time MBA students 0
Distance learning MBA students 0
EMBA students 376
PhD program students 203
 
Current total undergraduate business school enrollment 2,475
 
Change in full-time class size in last 12 months -4%


STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 33%
International students (1) 30%
Married students 17%

For U.S. schools only:
African-American students 6%
Asian-American students 18%
Hispanic-American students 6%
Native American students 0%
White (non-Hispanic) students 39%

Students from the following regions:
Africa 2%
Asia 8%
Eastern Europe, Central Europe and Central Asia 1%
Latin America and the Carribean 5%
Middle East 2%
North America
 (Canada: n/a / U.S.: n/a  )
60%
Oceania 2%
Western Europe 7%

North American students by region:
Canada n/a
Mid-Atlantic U.S. n/a
Midwest U.S. n/a
Northeast U.S. n/a
South U.S. n/a
Southwest U.S. n/a
U.S. Possessions and territories n/a
West U.S. n/a

(1) Students from countries other than the school's home country.


CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores
Average 713
Range (middle 80%) 660 - 760

TOEFL Scores
Average TOEFL score 656
Minimum TOEFL score required n/a

Work Experience (months)
Average 83
Range (middle 80%) 44 - 116
Enrolled students with one year or less of work experience 0%

Student Age (years)
Average 29
Range (middle 80%) 26 - 32

Salary
Average annual pay forgone to enter program n/a



ADMISSIONS

Application fee (resident): $200

Application fee (nonresident): $200

7,215 people applied to the full-time MBA program in 2003. The school accepted 16% (selectivity) of those applicants, and 70% of admitted applicants (yield) enrolled in the program.

The B-school placed 517 applicant(s) on its wait list, from which 111 ultimately enrolled in the program. 18% of applicants had applied in prior years, and of those reapplicants 16% were accepted.

Applicant Profile:
Female applicants n/a
International applicants (1) n/a
Underrepresented minority (2) applicants n/a
Applicants with one year or less work experience n/a

Interviews for MBA applicants are:
By invitation only

In 2003, the B-school interviewed n/a of its full-time MBA applicants, and n/a of its admitted applicants.

(1) Applicants from countries other than the school's home country.

(2) Defined as U.S. citizens who are African American, Hispanic American, and Native American.


INVESTMENT AND DEADLINES FOR CLASS OF 2005

Estimated TOTAL (not annual) cost of full-time MBA program (U.S. dollars)
Resident $72,771
Nonresident $72,771
 
Expected monthly rent $1,000
Recommended annual budget (Resident) (1) $61,901
Recommended annual budget (Nonresident) $61,901

2003-2004 Application deadline(s)
All applicants: Oct. 16, 2003
All applicants: Jan. 8, 2004
All applicants: Mar. 18, 2004

Rolling admissions? No

2003-2004 deadline(s) for scheduling an interview
n/a

2003-2004 Financial aid deadline(s):
June 15, 2004

First-year MBAs:
Average financial aid package n/a
Range (middle 80%) $5,000 - $32,900
Average first-year scholarship awards (not including loans) n/a

Second-year MBAs:
Average financial aid package n/a
Range (middle 80%) $5,000 - $32,000
Average second-year scholarship awards (not including loans) n/a
 

Graduate assistantships offered to qualifying MBAs? No

Scholarships are merit or need based?
Scholarships are Merit-based

24 full-tuition scholarships were awarded by the school to full-time MBAs in the past 12 months

Guaranteed loan? (2) Yes
Maximum amount students can borrow: $61,901

Average outstanding loans for 2003 graduates: $85,286

Financial aid Web site:
http://mba.wharton.upenn.edu/mba/admissions/aid/

(1) Student budget includes tuition fees and living expenses.

(2) Upon admission, any accepted applicant, regardless of nationality, and without the need of a cosigner, is eligible for a loan.


CONTACTS

Dean Patrick T. Harker
Hired as of Feb. 2000
 
Program director Dr. Anjani Jain
 
Admissions director Rose Martinelli
 
Financial aid director Rose Martinelli
 
Career services director Peter Degnan
 
Alumni relations director Leslie Arbuthnot


 
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WHARTON INSIDER CONTENT
Admissions Q&A
Admission Interview Tips
Sample Application Essays
Best Schools for Entrepreneurship
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Best Schools for Management
Finance Video View

WHARTON PROFILES
Full-time '04 | '03 | '02 | '01 | '00 | '99 | '98
EMBA '03 | '01
Exec ed '03 | '01

WHARTON INFO
Admissions Q&A '06 | '02 | '01 | '99 | '97
Placement Q&A '06 | '00 | '99
Financial Aid Q&A '99 |
Video Views Dean Patrick Harker | Prof Raphael Amit - 2006 | Vice Dean Jain - 2006
Search for articles about Wharton

WHARTON RANKINGS
Full-time MBA rank:
2004:  3    1994:  1    
2002:  5    1992:  4    
2000:  1    1990:  2    
1998:  1    1988:  4    
1996:  1    
BW ranking history

EMBA rank:
2003:  3    1997:  --    
2001:  2    1993:  --    
1999:  --    

Exec Ed rank:
2003:  2    1997:  4    
2001:  5    1993:  --    
1999:  3    1991:  7    



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