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2004 FULL-TIME MBA PROFILE
The University of Pennsylvania
The Wharton School
Address: Suite 420 Jon M. Huntsman Hall
3720 Walnut Street
Philadelphia, PA 19104
E-Mail: mba.admissions@wharton.upenn.edu
Web links: B-school Web site
Directions to school
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B-SCHOOL & PROGRAM BASICS

Classes begin Sept. 7, 2004

Year program was founded 1921
Institution is U.S., Private
Business school accreditation:
AACSB
Length of program 18 months

Enrollment
Total graduate business students 2,242
Full-time MBA students 1,671
Part-time MBA students 0
Distance MBA students 0
Executive MBA students 391
PhD program students 180
Doctorate of Business Administration (DBA) students 0
 
Total undergraduate business students 2,385
 
Change in full-time class size in past academic year 5%

STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 33%
International students 1 42%
Married students 19%

For U.S. schools only:
African American students 5%
Alaskan Native of Pacific Islander American students 0%
Asian American students 16%
Mexican American students 0%
Puerto Rican students 0%
Other Hispanic American students 4%
White (non-Hispanic) students 33%
Multiethnic/Multiracial students 0%
Not reported 42%
Other 1%

Students from the following regions:
Africa 3%
Asia 18%
Eastern Europe, Central Europe and Central Asia 2%
Latin America and the Caribbean 5%
Middle East 2%
North America
 (Canada: 5% / U.S.: 95%)
61%
Oceania 2%
Western Europe 8%

North American students by region:
Canada 5%
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 0%
West U.S. n/a

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

CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores - Historical Chart
200420032002
Averagen/a713703
Median716710710
Range (middle 80%)670-760n/an/a

GMAT scores are required as part of the application.


TOEFL Scores
TOEFL scores are required for applicants whose native language is not English.

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

Work Experience (months)
Average n/a
Range (middle 80%) n/a - n/a
New entrants with one year or less of work experience n/a

Student Age (years)
Average 28
Range (middle 80%) 26 - 32

Salary
Average base salary forgone to enter program n/a


ADMISSIONS

Application fee (resident) $200
Application fee (nonresident) $200

5,622 people applied to the full-time MBA program in 2004. The school accepted 16% (selectivity) of those applicants, and 68% of admitted applicants (yield) enrolled in the program.

Selectivity/Yield - Historical Chart
200420032002
Selectivity16%16%13%
Yield68%70%74%

13% of applicants had applied in prior years, and of those reapplicants 21% were accepted.

The B-school placed 559 applicant(s) on its wait list. 173 wait-listed applicants were admitted to the semester for which they applied.

Applicant Profile:
Female applicants 21%
International applicants 1 43%

Interviews for MBA applicants are:
By invitation only

In 2004, the B-school interviewed 55% of its full-time MBA applicants, and 100% of its admitted applicants.

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

COSTS, DEADLINES & FINANCIAL AID

COSTS:
Estimated TOTAL (not annual) cost of full-time MBA program (U.S. dollars)
200420032002
Resident$35,203$72,771$69,892
Nonresident$35,203$72,771$69,892
Expected monthly rent $14,200
Recommended annual budget (Resident) 1 n/a
Recommended annual budget (Nonresident) n/a

2004-2006 DEADLINES:
Application deadline(s)
All applicants:  Oct. 14, 2003
All applicants:  Jan. 6, 2004
All applicants:  Mar. 3, 2004

Rolling admissions? No

Deadline(s) for scheduling an interview
All applicants:  Dec. 9, 2003
All applicants:  Mar. 10, 2004
All applicants:  Apr. 29, 2004

Financial aid deadline(s)
All applicants:  Oct. 14, 2003
All applicants:  Jan. 6, 2004
All applicants:  Mar. 3, 2004

FINANCIAL AID:
Full-time MBAs apply for financial aid through a Central financial aid office at the university

87% of full-time MBAs applied for financial aid for the 2004-2005 academic year. 87% of full-time MBAs received some form of financial aid for the 2004-2005 academic year.

Of those who received financial aid for the 2004-2005 academic year, n/a received institutional scholarships, n/a received assistantships, and 61% received loans.

Average financial aid package for the 2004-2005 academic year (includes scholarships, assistantships, and loans) $59,858
Scholarships: Based on a combination of need and merit


27 full-tuition scholarships were awarded by the school to full-time MBAs for the 2004-2005 academic year.

How does an applicant apply for scholarship consideration?
All candidates are considered for scholarship


Average scholarship awarded $12,332
Guaranteed loan offered? 2 n/a
Maximum amount students can borrow n/a
Average outstanding loans for 2004 graduates n/a

Financial aid Web site


(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 Anjani Jain
 
Admissions director Rose Martinelli
 
Financial aid director Rosemaria Martinelli
 
Career services director Peter J. Degnan
 
Alumni relations director Leslie arbuthnot

 
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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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