Everything About The Wharton School – University of Pennsylvania

The Wharton School – University of Pennsylvania

The Wharton School at the University of Pennsylvania in Philadelphia, Pennsylvania is the first-ever collegiate business school. Wharton offers prospective MBA applicants either a two-year, full-time program or a two-year Executive MBA program. The school also affords students the option of pursuing an MBA/MA through the well-regarded Lauder Program. Wharton is distinctive among leading programs for its high percentage of international students, mandatory yet flexible majors, and rigorous quantitative training.

What is the tuition for Wharton’s MBA program?


The tuition for Wharton’s MBA program is $80,432 per year. The total cost of the Wharton MBA program is $111,695 per year; this includes budgeted living expenses.

How hard is it to get into Wharton’s MBA program?


The acceptance rate for Wharton is 20.7% It is important to consider the acceptance rate in the context of the student profile of those who are admitted. For example, the average GMAT score is 722.

What is the average GMAT score for admission to Wharton’s MBA program?


The average GMAT score for the incoming class at Wharton is 722.

Does the Wharton MBA program accept the GRE?


Yes. The Wharton MBA program has accepted the GRE for a few years now.

What is the average GRE score for admission to Wharton’s MBA program?


The average GRE score for the incoming class at Wharton is Median Verbal 161 and Median Quantitative 161.

What is the minimum number of years of work experience required for admission to Wharton’s MBA program?


Wharton does not state a minimum requirement for years of work experience. However, it is important for candidates to be aware that they are being considered against other candidates with an average of 5 years of experience.

What is the average number of years of work experience for admission to Wharton’s MBA program? (or, What is the average age of a Wharton student?)


The average number of years of work experience among students in Wharton’s MBA program is 5.

What is the average starting salary for graduates of the Wharton MBA program?


The median starting salary for Wharton MBA graduates is $150,000. The salary will vary by industry, with consulting and finance jobs generally commanding the higher salaries.

How long is Wharton’s full-time MBA program?


Wharton offers a traditional 2 year MBA program.

What are the application deadlines for Wharton’s MBA program?


The Round 1 MBA application deadline is September 8, 2021. The Round 2 application deadline is January 5, 2022. The Round 3 deadline is March 30, 2022.

What percent of Wharton MBA students are women?


The percentage of women in the class at Wharton is 41%.

What type of interview does Wharton use for MBA admissions?


Wharton offers interviews by invitation. The interview is a team-based discussion, comprised of 5-6 interviewees. Following the team-based discussion, each interviewee has a one-to-one short interview, which is resume-based. This means the interviewer has not had access to the application materials.

ADMISSIONS


The Class Profile


The Wharton MBA program received 7,158 applications during the 2019-2020 admissions season, and 916 enrolled to be a part of the Class of 2022. Of those 916 students, 41% are women. Forty-one percent of the class identifies as U.S. minorities, which includes students of African-American, Asian-American, Hispanic American, Native American, and multiethnic backgrounds. Nineteen percent of the Class of 2022 are international students, and a total of 70 countries are represented in the class. The Class of 2022’s average GMAT score was 722 and their average GRE scores were 161 in each section.

The undergraduate and professional profiles of Wharton students are quite diverse. The largest portion of the class, 38%, majored in the humanities, while another 34% majored in business. Those with a STEM background constituted 28% of the class. Of those graded on a 4.0 scale, the average GPA was 3.6. After graduation, enrolled students then earned an average of five years of work experience. In terms of industry experience, 24% of students had backgrounds in consulting, followed by private equity/venture capital at 12%, technology and non-profit, and government each at 10%. Investment banking, investment management, and other financial services claimed 20% total. Another 10% of students split evenly across the healthcare and CPG/retail industries.

Application Procedures


The Wharton application season includes three rounds that usually occur in late September, early January, and late March; those interested in the Lauder Program must submit their applications in the first or second round. Applicants should apply through Wharton’s online application system and are required to fill out a data form concerning both their personal and professional backgrounds. Wharton also requires applicants to provide transcripts from all academic institutions attended, GRE or GMAT scores, TOEFL results if applicable, essays, a résumé, two letters of recommendation, and a $275 application fee. An interview is required for admittance to the MBA program, and interviews are offered to applicants by invitation only.

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