Even As Apps Plunge, Wharton Hits New Milestones by: Marc Ethier on August 19, 2019 | 8,853 Views August 19, 2019 Copy Link Share on Facebook Share on Twitter Email Share on LinkedIn Share on WhatsApp Share on Reddit Wharton photo FINANCE STILL TOP BACKGROUND FOR INCOMING MBA STUDENTS As you might expect, the largest single group of students had worked in finance, with that industry representing 32% of the class, down from 35% last year; followed by consulting (25%), technology and Internet services (9%), nonprofit and government (9%), healthcare (5%), consumer packaged goods and retail (4%), energy (3%), and media/entertainment (3%). All are in line with recent-year totals. In the finance group, students from private equity and venture capital topped every sector, with 12% of the class. Some 9% were in investment banking, 5% in investment management, and 6% in “other.” Though consulting was down just 2% from last year, that’s 2 points off the record for Wharton. Those percentages reflect only small, inconsequential changes from last year’s mix of work backgrounds. One of the larger shifts: Nonprofit and government students, which stayed steady at 9%, had fallen by 3 percentage points from 12% two years ago. WHARTON INCREASINGLY TAKING STUDENTS FROM INTEGRATED PROGRAMS Of the 856 students in the new class, some 15 are JD/MBA students, down from 26 last year; 67 are in the dual-degree Lauder program, down from 70 in 2018; and 78 are in Wharton’s health management option, up from 72. Last year’s near-doubling of JD/MBA students from 14 the year before reflected an improving market for law schools in general after a severe multi-year slump; this year’s shift may be a correction or a sign that difficult times are returning. DON’T MISS MBA APPS TAKE A SHOCKING PLUNGE and AT WHARTON, APPS DIP BUT GMATs CLIMB Previous PagePage 2 of 2 1 2