ABOUT THE WHARTON MBA

The Wharton MBA is the world’s most competitive program with an admission rate of 9%. It is one of the most prestigious degrees in the world. The two-year Wharton MBA Program is a full-time, residential course of study that leads to a general management degree while helping you develop your vision and the skills to achieve it.

Wharton University is a private Ivy League university in Philadelphia. The opportunities that Wharton offers in terms of facilities, alumni network, and placements are several. It attracts the world’s best talent and so the campus provides students with a unique setup of diversity and learning. Wharton is best known for its rigorous finance program, which many employers believe stands above those of other business schools known for this academic discipline.

THE 2 YEAR MBA PROGRAM 

The Wharton MBA is a 2 year MBA program based in  Philadelphia. It ranks 3rd globally in the Financial Times Global business school rankings.

Wharton faculty members are world-renowned not only for generating new thinking in their fields but also for having a genuine impact on current business practices. 

By joining Wharton you join a network you can always count on. An alumni network made up of more than 100,000 leaders across the world.

The tuition fee for one year is  $80,432. The total first-year budget is $111,695 including boarding expenses etc. 

Generous scholarships are offered to outstanding international candidates on a merit basis. 

  • Joseph Wharton Fellowships 
  • Emerging Economy Fellowships
  • The Reaching Out LGBT MBA Fellowship

CLASS PROFILE

The MBA cohort typically represents a wide array of industries and professional backgrounds, providing a truly global learning experience.

Industry experience of students, prior to joining is also diverse, ranging from consulting, banking and financial services to fashion and performing arts. About 35% are international or non-US students.

The average work experience for the full-time MBA is 5 years which ensures that students contribute richly to classroom learning by bringing forward their varied industry experience Peer-peer learning beyond the classroom is also facilitated through this.

At 50%, Wharton has the amongst one of best gender diversity ratios at B-schools throughout the world which is commendable.

The mean GMAT score for the incoming class is 733. The infographic below depicts the Wharton MBA class profile with statistics about the gender distribution, age, work experience, and geographical background of the students. The average GRE score is 324.

The average GPA is 3.6.

Source: The official school website

COURSE CURRICULUM SUMMARY

Wharton’s MBA program emphasizes an intensive, flexible core in general business education, plus the depth of 19 majors and a breadth of nearly 200 electives. You will select a pathway through content areas based on your education, career experience, and goals. You customize your learning not just through the selection of your electives and majors, but through choices in the core.

MBA Core

You will ground your MBA with six required fixed core classes that will be required for your degree, along with choices in the flexible core. The flexible structure of the core course allows you to take more electives in the first year to prepare for an internship, global experience, business venture, or other interests, and defer some core requirements to the second year. Offered as a quarter or semester-long courses, the core curriculum covers traditional management disciplines

The MBA Core classes include 9.5 credit units, distributed in two parts:

Fixed Core: 3.25 credit units fixed in the first semester

Flexible Core: 6.25 credit units in the first semester or anytime thereafter

Majors 

You can select from 19 MBA concentrations to pursue your goals. Most majors consist of five CUs—usually four CUs in addition to the core curriculum. Courses may count toward more than one major, giving you the option to pursue your MBA with a double major. You may customize your learning further by taking electives in other MBA specialties to round out the curriculum.

International study

The first of its kind in the U.S., the Lauder Institute’s MBA/MA joint degree integrates two degrees in two years: a Wharton MBA and an International Studies MA from Penn’s School of Arts & Sciences. Lauder’s mission is to develop outstanding business leaders who look globally, engage locally, and act responsibly to have a powerful impact on the world.

Entrepreneurship

Imagine what you could do with mentors, workshops, office space, awards, prize money, and more. Penn Wharton Entrepreneurship is one of the most influential hubs of entrepreneurship in the world — an entrepreneurial ecosystem where you can grow your idea into a successful business.

Social Impact

From funded summer internships to direct work with social enterprises, you’ll find the support you need to make an impact while here at Wharton. Wharton’s Social Impact Initiative (WSII), a hub for all activities, brings Wharton’s expertise, entrepreneurial spirit, and vast network to the complex intersection of business and social impact. Wharton students and WSCII furthers the commitment to make Wharton a “force for social good.”

PLACEMENT STATISTICS

Each year, Wharton achieves high employment rates for each MBA class. 

The return on investment is huge given an average alumni salary after graduation of USD 155000 with a sizable variable compensation ~$30,000.

Many students start their own companies, while many students joined startups and new ventures.

These are the key placement statistics.

Source: The official career report 2019

Financial services, Consulting emerged as the 2 industries in which the majority of the class was placed. ~60% of the class was placed in these industries.

Top employers included McKinsey & Co., Bain & Co., BCG, Amazon, Tesla, Goldman Sachs.

NOTABLE ALUMNI

Peter Lynch, Manager, Fidelity investments

Sundar Pichai, CEO of Alphabet

John Sculley, Former CEO of Pepsi

APPLICATION DETAILS

Admission Requirements

Wharton welcomes students from around the globe. The admissions criteria applied in evaluating international applicants are the same as those for U.S. citizens. All application materials, including transcripts and recommendations, must be submitted online and in English.

• Bachelor’s degree

GMATExecutive Assessment, or GRE score

Letters of Recommendation

2 letters of recommendation are to be submitted before the application deadlines. 

Application Fee: $275

Application Deadlines

Source: The official school website

Essay questions

ESSAYS FOR THE 2022-2023 APPLICATION CYCLE

Essay 1: How do you plan to use the Wharton MBA program to help you achieve your future professional goals? You might consider your past experience, short and long-term goals, and resources available at Wharton. (500 words)

Essay 2: Essay 2: Taking into consideration your background – personal, professional, and/or academic – how do you plan to make specific, meaningful contributions to the Wharton community? (400 words)

Required Essay for all Reapplicants: Please use this space to share with the Admissions Committee how you have reflected and grown since your previous application and discuss any relevant updates to your candidacy (e.g., changes in your professional life, additional coursework, and extracurricular/volunteer engagements). (250 words)

Optional Essay: Please use this space to share any additional information about yourself that cannot be found elsewhere in your application and that you would like to share with the Admissions Committee. This space can also be used to address any extenuating circumstances (e.g., unexplained gaps in work experience, choice of recommenders, inconsistent or questionable academic performance, areas of weakness, etc.) that you would like the Admissions Committee to consider. (500 words)