BUSINESSWEEK ONLINE: B-SCHOOLS: 1999 MBA PROFILES
University of Pennsylvania
The Wharton School
 1999 MBA Profile
Address: 104 Vance Hall
Philadelphia, PA 19104
E-Mail: mba.admissions@wharton.upenn.edu
Website: www.wharton.upenn.edu/mba/admissions


Editor's Note: Here is a 1999 update of the contacts and statistical information in the 1998 Business Week Online profile for this school. To see the more detailed original profile -- which includes survey details, a strategy for applicants, and graduate comments -- click here.

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Admissions

1999-2000 Student Profile
Total enrollment 1,545 Full-time students 1,545 Part-time students 0
Female 30% Non-U.S. citzens 39% Underrepresented minorities* 9%
Applicants accepted [selectivity] 13% Applicants admitted [yield] 75% Number of applicants 8,434
Overall applicants interviewed 83% Admitted applicants interviewed 95% Admitted students with less than one year of work experience 1%

Class of 2001 Traits
GMAT scores Average 691 Range 440 to 790
Undergraduate GPA Average 3.5 Range 2.2 to 4.0
Work experience [years] Average 5 Range 1 to 19
Student age [years] Average 28 Range 21 to 41

Tuition and Fees
In-state $28,116 Out-of-state $28,116 Room & board $11,100
Recommended annual student budget [out-of-state] $47,456 Average amount of outstanding MBA loans per full-time student $33,000

Application deadlines for Class of 2002

Admission applications Financial aid applications
Domestic 04/10/00 International 04/10/00 Domestic 03/31/99 International 03/31/99
* Underrepresented minority students are defined as U.S. citizens who are African American, Hispanic American, and Native American. They do not include Asian Americans.
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Career Services**

Recruitment
Estimated percentage of Class of 1999 [seeking employment] that took a job at a company with less than 100 employees 5% Percentage of Class of 1999 [seeking employment] that received their first job offer by graduation 95%
Actual on-campus interviews conducted for full-time jobs [including first-round interviews] for second-year students 5,321 Companies that recruited second-year students on campus in past academic year 271
Actual on-campus interviews conducted for summer internships 3,627 Companies that recruited on campus for first-year interships 159
Average number of job offers received by a Class of 1999 graduate [seeking employment] N/A Opportunities posted via the Internet or electronically 1,000

Top Employers / Number of 1999 Hires
Top 10 recruiting firms [i.e. hired the most 1999 grads] and the number of students hired

1. McKinsey & Co. 61 6. Deloitte Consulting 21
2. Merrill Lynch & Co 30 7. Morgan Stanley Dean Witter 18
3. Goldman Sachs 25 8. Andersen Consulting 17
4. Bain & Co 23 9. Booz Allen & Hamilton 16
5. Boston Consulting 23 10. Lehman Brothers 16

Prospects - 1998 / 1999 Grads
Median starting base salary [excluding bonuses] for the Class of 1999 $80,000 Average starting base salary [excluding bonuses] for the Class of 1999 $84,469
Median first year signing bonus for the Class of 1999 $25,000 Average first year signing bonus for the Class of 1999 $25,000
Percentage of job-accepting Class of 1999 graduates who provided usable base salary information 96% Percentage of job-accepting Class of 1999 graduates who received a signing bonus 85%
** The information presented in this section was collected using the MBA Career Services Council's Standards for Reporting MBA Employment Statistics
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Faculty & Teaching

Basic Information
Institution is Private Core MBA curriculumlast revised in 1993
B-school's operating budget for 1999-00 school year $176,000,000 Amount of operating budget used to support financial aid $18,000,000
Graduate school's total dollar endowment as of August 1, 1999 $338,000,000 Increase in operating budget used to support financial aid from 1998-99 academic year 3%
Accelerated MBA program offered No Laptop Computer Requirement No

Distance learning program N/A

School Concentrations / Specializations
Accounting Entrepreneurial Management Finance
Health Care Management Human Resource Management Information: Strategy, Systems and Economics
Insurance and Risk Management Management Marketing
Multinational Management Operations and Information Management Public Policy and Management
Real Estate Strategic Management Environmental and Risk Management
Technological Innovation

Teaching Methods
Lecture 55% Case study 30% Other 15%
Full-time faculty in residence for the 99-00 year 190 Adjunct or visiting faculty in residence for the 99-00 year 59


1998 MBA Profile  |   1999 MBA Profiles Menu
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Administration

Dean Patrick Harker, Interim Phone number 215.898.8225

Director of MBA Programs W. Bruce Allen Phone number 215.898.9744

Director of Admissions Robert Alig Phone number 215.898.3430

Director of Alumni Relations Marti Harrington Phone number 215.898.8478

Director of Financial Aid Robert Alig Phone number 215.898.3430

Director of Career Services Robert Bonner Phone number 215.898.4383


1998 MBA Profile  |   1999 MBA Profiles Menu
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Alumni Affairs

Living MBA alumni N/A Alumni clubs 82

Living alumni who gave to the annual fund raising efforts of the school in 1998-99 N/A Median gift N/A Average gift N/A



The information above was submited on behalf of the school by:

Name Michael J. Baltes Title Director, Media and Publications




 
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