Entrepreneurship has become a draw at Wharton as well. In the last six years, the number of Wharton MBA students doing a startup upon graduating has quintupled, from 1.5% to 7.7% today–above the 5% average at most schools. In the Class of 2013, some 59 graduates either started a business or are self-employed. While support for those entrepreneurial ventures isn’t as developed as the support ecosystem for startups at either Stanford or Harvard, Wharton now has critical mass in the number of students keen to do something on their own and enough faculty to help along the way.
‘WHARTON’S PLACE ON THE LIST OF TOP B-SCHOOLS IS UNSHAKABLE’
What’s undeniable is that Wharton has lost ground in the rankings race and the number of people who annually apply to the school has fallen significantly in the past five years. But those negatives may well be reason to apply to the school’s prestigious MBA program right now.
As Bauer notes, “As with the stock market, when a given investment vehicle is underpriced, demand for it grows and a correction follows. That will happen with Wharton as highly motivated applicants worldwide view the decline in application volume as the ideal time to apply. The list of B-schools with truly global brands is very short. While we don’t see it surpassing Harvard and Stanford in that realm, Wharton’s place on this short list is unshakable. Bottom line: don’t sell Wharton short.”