- Wednesday November 4, 2009
- Subscribe Now
University of Pennsylvania
The Wharton School
Getting In
PROGRAM BASICS
Full Time MBA Program
Wharton School
1000 SH-DH
3620 Locust Walk
Philadelphia
,
Pennsylvania 19104
United States
Program Web site:
Status:
Private Institution
Program e-mail address:
Graduate business school is accredited by:
AACSB International
SCHOOL BASICS
Graduate business school enrollment:
Total:
2,321
Full-Time MBA:
1,726
Executive MBA:
411
PhD Program:
184
Undergraduate business school enrollment:
2,621
Other graduate degree programs:
N/A
PROGRAM COSTS
Total direct costs (tuition and required fees) of the entire MBA program:
Resident :
$
101,865
Nonresident :
$
101,865
Recommended annual budget (Resident):
$
81,000
Recommended annual budget (Nonresident):
$
81,000
PROGRAM LENGTH
Full-time program (months):
21
ADMISSIONS
Application Deadlines
Deadline:
Oct. 1
Deadline:
Jan. 5
Deadline:
Mar. 9
Does the program have rolling admissions?
No
Is proficiency in English required for admission?
Yes
Is a minimum score on an English language proficiency test required?
No
Which English language proficiency tests are accepted?
TOEFL Computer Based
TOEFL Internet Based Test
TOEFL Paper-based Test
Relative Importance of Application Elements:
GMAT Score:
Important
Resume/Work Experience:
Important
Application Essays:
Important
Interviews:
Important
Recommendations:
Important
Undergraduate Transcripts:
Important
APPLICANTS
Applications (admitted and denied) to the newest class:
7,493
Applicant interviews are:
By invitation only
Admitted applicants who were interviewed:
100 %
CLASS PROFILE
Full-time students in newest entering class (2009-2010) that are:
Female:
40
%
International:
38
%
Married:
15
%
Students from following regions:
Africa :
2
%
Asia:
16
%
Eastern Europe and Central Asia:
2
%
Latin America and the Caribbean:
6
%
Middle East:
3
%
North America:
65
%
Oceania :
1
%
Western Europe:
5
%
Dual citizenship:
n/a
%
Percentage of U.S. students in newest entering class that are:
Chose not to report:
87
%
Percentage of U.S. students in newest entering class who are from the following regions:
Northeast:
31
%
Mid-Atlantic:
32
%
South:
7
%
Southwest:
5
%
Midwest :
7
%
West:
14
%
Possessions and territories:
0
%
Median months of work experience of newest entering class:
60
Middle 80% range of work experience of newest entering class in months:
From: N/A
To: N/A
Median age of entering class:
27
Mean age of entering class:
28
FINANCIAL AID
Full-time MBAs apply for financial aid through:
Dedicated financial aid office at the B-school
On what basis are scholarships awarded?
Academic merit
A combination of need and merit
How does an applicant apply for scholarship consideration?
As part of the admissions application
GMAT
Are applicants required to take the GMAT?
Yes
GMAT scores:
Median:
720
Middle 80% range GMAT scores:
From:
680
To:
760
Academics & Lifestyle
CLASS OFFERINGS
Average number of students in a full-time MBA core class:
58
Average number of students in a full-time MBA elective class:
38
Elective courses available to full-time MBA students:
165
Electives that have been added to the full-time program since June 30, 2009:
The Economic & Financial Crisis: Causes Consequences
Inside Indian Business
Governance and Mgt of Chinese Firms
Creativity
Year of last major change or significant overhaul to the core curriculum:
2002
Concentrations and specializations offered to full-time MBA students:
Accounting
Actuarial Science
E-commerce
Entrepreneurship
Finance
Health Care Administration
Human Resource Management
Insurance
Marketing
Operations Management
Public Policy
Real Estate
Strategy
N/A
Joint-degree programs offered to full-time MBAs:
MBA/JD (Law)
MBA/MA (Arts)
MBA/March (Architecture)
MBA/MD (Medicine)
MBA/ME (Engineering)
MBA/MSN (Nursing)
MBA/PhD
Other
Does the school offer an accelerated full-time MBA program?
Yes
The school believes that its leading areas of study for full-time MBA students are:
Entrepreneurship
Finance
Health Care Administration
Strategy
Other
FACULTY
Faculty employed by the B-school:
425
Full-time faculty:
Tenured:
143
Non-Tenured:
93
Adjunct/Visiting Faculty:
Tenured:
0
Non-Tenured:
189
Women on Faculty:
Tenured:
19
Non-Tenured:
94
Minority Faculty:
Tenured:
15
Non-Tenured:
23
International Faculty:
Tenured:
38
Non-Tenured:
62
Faculty with PhDs:
Tenured:
143
STUDENT LIFE
Professional clubs available to full-time MBA students:
Biotech/Health care
Consulting
Corporate Social Responsibility/NetImpact
Entrepreneurship
Environmental
Finance
High Tech
Investment Banking
Manufacturing
Marketing
Media & Entertainment
Nonprofit
VC/ Private Equity
Other
Networking clubs available to full-time MBA students:
Black MBA Association
Gay/Lesbian/Bisexual
Hispanic Student Organization
International Club
Partners/Family
Volunteer
Wine
Women in MBA
Other
TEACHING/ACADEMICS
Teaching methods used:
Case Study:
40
%
Experiential Learning:
5
%
Lectures:
20
%
Simulations:
10
%
Team Projects:
25
%
Requirements for graduation:
Students must have attended a minimum number of classes
Other:
Additional graduation requirements:
Students must meet detailed academic qualifications
TECHNOLOGY
Technology improvements in the last three academic years:
Wharton's MBA curriculum now begins with an intensive, 5-day leadership simulation for all incoming MBA students. More than three dozen additional immersive simulations developed by Wharton's Learning Lab are used throughout MBA and Undergraduate courses. The coursepacks of reading materials in all Wharton courses are available electronically online or downloadable to PCs or e-book readers. Wharton's Student Technology Advisory Board continues to drive innovative technologies at the School.
Amount spent:
$ 20,000,000
Alumni Affairs & Careers
B-SCHOOL ALUMNI
Living MBA alumni:
38,856
Active MBA alumni clubs:
78
Countries in which MBA clubs exist:
37
Did school receive an individual gift in excess of $10 million in the past academic year?
No
Business school endowment
$ 656,000,000
Does the main university offer career placement services for alumni?
Yes
Does the main university have an alumni networking Web site?
Yes
University alumni networking site:
Does the B-School have an alumni networking Web site?
Yes
Business school alumni networking site:
Do current MBA students have access to an alumni database?
Yes
CAREER SERVICES
Graduates seeking full-time professional MBA employment:
86
%
Graduates not seeking employment:
10
%
Graduates for whom you have no information regarding employment:
4
%
Annual job-searching trips that the school coordinates or participates in:
Destination:
London
Destination:
New York
Destination:
San Francisco
Destination:
Middle East
Destination:
Los Angeles
Primary source of job offer:
School-facilitated activities:
66
%
Graduate-facilitated activities:
24
%
No information provided by graduate:
10
%
Job Offers for 2009 graduates:
Received first job offer by graduation:
72
%
Received first job offer in three months following graduation:
7
%
Received first job offer more than 3 months after graduation:
4
%
Did not report having received a job offer:
17
%
Accepted first job offer by graduation:
66
%
Accepted first job offer in three months following graduation:
9
%
Accepted first job offer more than 3 months after graduation:
6
%
Did not report having accepted a job offer:
20
%
Top recruiting organizations most recent academic year:
McKinsey & Co
50
Boston Consulting Group
31
Bain & Company
18
Morgan Stanley
12
Deloitte Consulting
10
Credit Suisse
8
Deutsche Bank
8
Goldman Sachs & Co
8
Microsoft Corp.
8
Pacific Investment Mgmt. Co.
8
Amazon.com
7
Booz & Company
7
Citigroup
7
J.P. Morgan
7
Merrill Lynch & Co. Inc.
7
Job-accepting graduates who received a signing bonus:
71 %
Base salary, signing bonuses and other compensation for most recent employed graduates:
Mean base salary:
$
112,223
Median base salary:
$
110,000
Mean signing bonus:
$
27,303
Median signing bonus:
$
20,000
Mean other guaranteed compensation:
$
46,721
Median other guaranteed compensation:
$
30,000
Graduating students who accepted jobs in the following functional areas:
Consulting:
31
%
Finance/Accounting:
49
%
General Management:
8
%
Human Resources:
0
%
Marketing/Sales:
8
%
Management Information Systems (MIS):
0
%
Operations/Logistics:
1
%
Other:
4
%
Graduating students who accepted jobs in the following industries:
Government:
1
%
Consulting:
27
%
Consumer Products:
6
%
Financial Services:
42
%
Manufacturing:
2
%
Media/Entertainment:
1
%
Non-Profit:
2
%
Petroleum/Energy:
1
%
Pharmaceutical/Biotechnology/Health Care:
8
%
Real Estate:
3
%
Technology:
8
%
Other:
0
%
Graduates who accepted full-time jobs in the following regions:
Africa:
1
%
Asia:
10
%
Eastern and Central Europe and Central Asia:
0
%
Latin America and the Caribbean:
3
%
Middle East:
1
%
North America:
76
%
Oceana:
0
%
Western Europe:
8
%
Within North America, graduates who accepted full-time jobs in the following regions:
Northeast:
37
%
Mid-Atlantic:
13
%
South:
3
%
Southwest:
3
%
Midwest:
4
%
West:
16
%
Possessions and territories:
0
%
Canada:
0
%
Top recruiting organizations for internships, most recent academic year:
Boston Consulting Group
31
McKinsey & Company
30
Bain & Company
20
Credit Suisse
15
Morgan Stanley
14
Deutsche Bank
12
Goldman Sachs & Co.
12
UBS Investment Bank
9
J.P. Morgan
8
Medtronic, Inc
8
Microsoft, Inc
7
Booz & Company
7
Barclays Capital
7
American Express & Company
7
A. T. Kearney
6
Internships awarded that are paid:
90 %
Weekly internship compensation:
Mean:
$ 1,555
Median:
$ 1,663
SCHOOL COMMENTS
School Comments:
N/A
Graduate Comments
Incredible diversity of student body allows students to not only learn from the professors/academic outlets, but more importantly from fellow students/friends. -- Finance
Wharton's academic freedom, and ability for us to focus on what matters is singular in creating a good experience. Rather than other school's rigid curriculum, we were allowed to choose our own adventure. -- Venture Capital/Private Equity
Wharton provided me amazing opportunities. The quality of the education I received, the network I am part of, the career opportunities, the social activities there are all reasons to urge friends to attend Wharton. -- Finance
Wharton's strength is the extraordinary, collective capabilities and experiences of its students. The most valuable learnings take place not in the classroom but instead through interactions with peers. -- Entrepreneurship
Beyond the academical aspect of an MBA, this experience opened my eyes to many opportunities that were available to me and gave me amazing friendships -- Entrepreneurship
The MBA experience at Wharton is a life changing experience that will benefit people who know what they want to do in life. -- Consulting
It is the best one in the world, the experiences I got here are incredible. and my profesional value just rocketed. -- Consulting
I believe that Wharton offers the best possible MBA education in the world. Therefore, should the candidates location preferences, family situation and timing fit with Wharton, I believe there is no better place to be. Consulting
If you are a career switcher, I feel that an MBA is an excellent option that allows you to press the "reset" button on your career. -- Investment Banking
I would encourage any friend to attend Wharton for their MBA because the school is so multidimensional, in terms of the student body, coursework, extracurriculars and research opportunities. -- Finance
The academic training at The Wharton School was phenomenal. Not all faculty members are stars but, on average, I learned a lot that I did not know before. -- Consulting
I was thrilled at the opportunities and experiences that were made available to me through The Wharton School. From recruiting to extracuricular to cultural and classmate interaction, it would be difficult to design a program that I would like more. -- Consulting
I had a great experience at Wharton. I would definitely recommend the program to prospective students. -- Venture Capital/Private Equity
Its a great school filled with oustanding students and professors. -- Finance
Prestige of Wharton carried a lot of weight with employers. Curriculum was challenging. Quality of student body was extremely impressive. -- Venture Capital/Private Equity
The Wharton program is great, but the education is just one part of it. The size of the program and international student body enables many opportunities that enhance the two years. -- Finance
Wharton has a well-rounded program that is particularly good for those who are interested in consulting. The school has great reputation and was able to attract lots of companies to on-campus recruiting. The diversity and talents demonstrated by the student body is also unbeatable. -- Consulting
The Wharton MBA Program at The University of Pennsylvania was excellent! The offerings in terms of classes, extracurricular experiences, work experiences, alumni network, etc. etc. are outstanding - and I highly recommend the program. -- Entrepreneurship
Wharton is an incredibly comprehensive program, and can provide a rich educational and social experience for anyone. -- Consulting
I was skeptical about value of an MBA degree when I first enrolled. At Wharton, I learned a lot more than I expected, especially beyond the classroom. -- Investment Banking
I would definitely urge my friends to enroll in the Wharton MBA Program. I found these past two years to be incredible. I am amazed at the caliber of classmates I was surrounded by. We didn't just learn from our professors (who were great, especially in the Real Estate department) but also from our classmates. -- Finance
Admissions Tips
MBA Insider
Check out this feature-rich area for advice and tools that will help you choose the right school—and develop a strategy for getting accepted.
Community
MBA Forums
Ongoing conversations about MBA admissions, finding internships, landing a job, and more.
MBA Admissions
'Getting In' Blog
The latest news on admissions to top business schools from BW writers and editors.
MBA Toolkit
Links to BusinessWeek B-school resources to help get you in, pay for it, and get a great job.
B-School Life
Finding a Job
Paying the Bills
Business Tools
A-Z Index
Lists & Rankings
Blogs
- Apple
- Asia
- Autos
- Branding
- Economy
- Investing
- Management Trends
- Real Estate
- Small Business
- Social Media
- Technology
