collageThe Wharton School is the business school of the University of Pennsylvania and was established as the first collegiate business school in 1881. This prestigious business school in US has played an important role in transforming the study of business from a trade to an intense and respected profession.
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Wharton School of the University of Pennsylvania
The organization consists of a beautiful campus that offers undergraduate, graduate, and doctoral programs in nearly 20 disciplines. This deemed business school comprises approximately 5,000 students from all across the world and has an international population of over 30% in its MBA course which is one of the unparalleled, highly coveted programs for international aspirants to study in the USA.
The Wharton School is the business school of University of Pennsylvania and was established as the first collegiate business school in 1881. This prestigious business school in US has played an important role in transforming the study of business from a trade to an intense and respected profession. The Wharton School programs are offered in 20 disciplines split into undergraduate, graduate, and doctoral programs. Students can choose from over 19 undergraduate concentrations, 19 MBA majors, and 9 doctoral programs. The school has awarded more than 200,000 certificates from Wharton Online, till date. This business school currently houses approximately 5,000 students from all across the world and has an international population of over 30% in Wharton School MBA course.
Wharton School admissions are available in 3 rounds throughout the year and have different deadlines for its varying range of courses. All the applicants are charged a nonrefundable application fee of 275 USD (for MBA). Wharton School is highly selective with an acceptance rate of merely 12%. Prospective students for Wharton MBA need to submit a GPA of 3.7+/4 (92%+) and a GMAT score of 733 or higher.
Admissions at the Wharton School are available in multiple rounds throughout the year and observe different deadlines for its varying range of courses. All the applicants are charged a nonrefundable application fee of 265 USD when applying at the institute. It is a highly selective school in the country with an acceptance rate of merely 9%.
Students can choose from over 19 undergraduate concentrations, 19 MBA majors, and 9 doctoral programs. It has awarded more than 200,000 certificates from Wharton Online. The school accepts applications for early decision by November 01, 2020, and for regular decision by January 05, 2021. It has a highly selective admission process that results in an acceptance rate of 9%.
The Wharton School Rankings
- The Wharton School, USA is ranked 5th in terms of Best US Business Schools 2021 as per the Forbes Ranking List.
- As per the rankings of The Times Higher Education, this Business School is ranked 10th in terms of top Business Schools.
General
| 3 year average rank | 3 | |
| Audit year | 2018 | |
| Country | US | |
| Rank in 2018 | 3 | |
| Rank in 2019 | 4 | |
| School name | University of Pennsylvania: Wharton |
Career progression
| Aims achieved (%) | 90 | |
| Career progress rank | 17 | |
| Careers service rank | 21 | |
| CSR rank | 58 | |
| Employed at three months (%) | 94 | |
| Female faculty (%) | 25 | |
| Languages | – | |
| Rank in 2020 | 2 | |
| Salary percentage increase | 107 | |
| Salary today (US$) | 217141 | |
| Weighted salary (US$) | 211543 |
Programme assessment
| Alumni recommend rank | 6 | |
| Faculty with doctorates (%) | 100 | |
| FT research rank | 1 | |
| Value for money rank | 92 |
Diversity assessment
| Female students (%) | 46 | |
| International board (%) | 47 | |
| International faculty (%) | 39 | |
| International students (%) | 32 | |
| Women on board (%) | 21 |
International opportunities
| International course experience rank | 50 | |
| International mobility rank | 42 |
The Wharton School Programs
- The school offers an array of courses for international students including undergraduate programs in over 19 disciplines, 19 MBA majors and a total of 9 doctoral programs. Explore: The Wharton School Courses!
- This deemed business school conducts special orientation seminars for students enrolled in any of the programs offered by this college.
- The institute provides 2 types of MBA courses including an MBA for full-time students and an MBA for executives.
- It also offers various dual-degree programs with various other renowned schools of University of Pennsylvania.
- It provides its students with a variety of Interdisciplinary programs– MA lauder or joint degrees.
- The school is also a member of Wharton-INSEAD Alliance which allows its candidates to cover one part of their education abroad at the partner university.
- Some of the popular majors at the institute include accounting, actuarial science, business analytics, business economics, business administration and public policy
The Wharton School Top Programs
| Application Deadlines | Total Fee per Year |
|---|---|
| Master of Science [M.S], Engineering – Systems Engineering | INR 23,62,547 |
| Master of Business Administration [M.B.A]/Master of Arts [M.A] | INR 58,27,380 |
| Master of Business Administration [M.B.A] | INR 68,40,844 |
| Master of Business Administration [M.B.A], Finance | INR 58,27,380 |
The Wharton School Campus
Wharton School campus in Philadelphia is right on Locust Walk, the brick-lined pedestrian thoroughfare at the heart of the University of Pennsylvania. The Wharton school campus is also known for building close interactions across its numerous centers and is pretty large enough to offer world class facilities.
- There are over 100 student-run clubs and organizations which include concerts, academic honor societies and special interest groups on college campuses.
- The school launched the Student Life Space in Philadelphia’s central business district which is a 20,000 square foot land comprising conference rooms, meeting rooms and over 20 group study rooms.
- Office of Student Like comprises various teams, whose aim is to look after the basic needs of the students including leadership development, housing options, public service, career exploration and community engagement and numerous others.
The Wharton School Accommodation
- The Wharton School provides students with several housing options in its residence halls. However, students can also opt for housing options outside the college campus.
- This Business School comprises 9 residence halls and various apartment communities.
- The Residence life offered by the college aims at encouraging personal development of students through in-hall programs offered by the college, academic and social activities and is also responsible for ensuring that students will get a perfect learning atmosphere.
- A large number of facilities such as laundry, recreation areas, common rooms, parking etc. are provided to students who stay on the campus of the college.
- Students, who wish to stay in any of the residence halls of the college are required to fill the housing application form available on the college’s official website and submit the same at the time of admission itself.
The Wharton School Admission
Wharton School currently has a total 2,500 student in its undergraduate programs, with 22% international students. MBA class of 2023 is made of total 897 students with 36% international students. The school represents 83 countries worldwide. Requirements for 2023 Wharton School admission are as follows.
The Wharton School Application Process
Application Portal: Visit the admissions page on the official website of the University of The Wharton School, USA and fill either the common application or coalition application form.
Application Fee: 75 USD (5,916 INR) for UG | 275 USD (21,691 INR) for MBA
Undergraduate Admission Requirements
- Official academic transcripts
- GPA: 3.6/4 (91%) on average
- SAT/ACT score (optional)
- English proficiency scores
- Letters of Recommendation – 2
- Passport
- Statement of purpose
MBA Admission Requirements
- Official academic transcripts
- Average GPA of 3.7/4 (92%)
- GMAT: 733 or higher
- English proficiency scores
- TOEFL iBT score: 80
- IELTS: 6.5
- LOR
- Health certificate
- SOP
- Resume for the ones with job experience/prior experience
- Passport
- 3 Essay
- Work experience
- Interview (additional)
The Wharton School Acceptance Rate
The Wharton School acceptance rate is 12% only for MBA class of 2023. Toal applications were 7,338 of which, only 897 were enrolled. The class comprises 36% international students representing 80+ countries worldwide. The school has 2,500 students in undergraduate programs with 22% international students.
The Wharton School Cost of Attendance
The Wharton School cost of attendance is made of tuition fees and living expenses. Students can expect the total expense for the MBA programs to be around 94 lakhs per year. For all the prospective candidates, an estimated budget for international students looking to study in the US has been tabulated below.
| Nature of Expenses | Cost in INR (First year) |
|---|---|
| Tuition Fee | 67.10 lakhs |
| Health Insurance | 3.18 lakhs |
| Room and Board | 18.05 lakhs |
| Books, Supplies & Personal | 5.36 lakhs |
| Transportation | 0.74 lakhs |
| Total Expense | 94.43 lakhs |
The Wharton School Scholarships
Numerous financial aids are available for international students at the institute in the form of awards and scholarships for international students to study in the USA. Students applying for MBA program are eligible for Wharton Fellowship programs.
| Fellowships/Scholarships | Grants |
|---|---|
| ROMBA Fellowship | Minimum 15.81 lakhs |
| Forte Fellowship | 19.47 lakhs |
| AAUW International Fellowship | 14.23 lakhs |
| MPower Global Citizen Scholarship | Up to 7.90 lakhs |
Some more fellowships are –
- Joseph Wharton Fellowship – Students with excellent academic and personal records are eligible.
- Prism Fellowship – Covers the tuition fees. Students from the LGBTQIA community are eligible.
The Wharton School Alumni
Alumni of the Wharton School are usually provided with various benefits including access to offers made by the Credit Union of the college, Alumni Debit Card, Alumni Select, free access to library and health & fitness services and many more.
A few notable alumni of the Wharton School, USA are as follows:
- Donald Trump – 45th US President
- Elon Musk – CEO of SpaceX
- Sundar Pichai – CEO of Alphabet
- Ivanka Trump – American Businesswoman
- Anil Ambani – Politician
The Wharton School Placements
The Wharton School, USA conducts numerous career fairs for its students which include Workshops, Creative Industries Career Fair, Placement Test, Teacher-Recruitment Fair, Career Link, Career Assessment Activities and many others for the betterment of students.
The median salary for graduates with an MBA from the institute is around 135,000 USD.
- More than 89% of the students get full-time employed after graduation.
- 92.3% of undergraduate students get full-time employment after completing their degree program.
- The median salary the undergraduate students receive is around 82,444 USD (65.83 lakhs).
- The average salary of Wharton graduate students is 74,434 USD (59.43 lakhs).
- Full-time MBA reported 99% full-time job offers and accepted 96.8%.
- MBA class of 2021 graduates get a yearly median salary of 155,000 USD (123.76 lakhs).
- Over 12.3% of full-time MBA jobs are offered outside of the U.S.
Source: The Wharton School
The top industries Wharton students get employment in are tabulated below with employment percentages.
| Industries | Employment Rate |
|---|---|
| Communication | 3% |
| Investment Banking | 32% |
| Consulting | 21% |
| Manufacturing | 3% |
| Technology | 11% |
| Finance | 18% |
Top companies from around the world come to Wharton for recruitment: Google, JP Morgan, Goldman Sachs, Amazon, Microsoft, Time Inc., McKinsey, and Blackstone. Most students take careers in brand management, financial management, investment banking, law, nonprofit management, technology, and private equity.
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