MBA Program Stats Annual Tuition: $84,874 Acceptance Rate: 19.23% Full-Time Enrollment: 864 Average GPA: 3.6 Median GMAT: 740 International: 35% Minority: 20% Female: 50% Male: 48% Average Age: 28 What You Need To Know The Wharton School of the University of Pennsylvania is to finance what Harvard is to general management or Northwestern is to marketing. Thereās an impressive variety of financial electives here taught by some of the best finance faculty in the world. We agree with Dan Bauer, formerly of The MBA Exchange, a leading admissions firm, who put it this way: āA Wharton MBA education is like a āblue-chip stockā with a long history of growth. Yes, the marketās enthusiasm and demand for any investment will ebb and flow over time, but in this case, the long-term ROI is rock solid.ā The Wharton School was founded in 1881, making it the worldās first collegiate business school. The Wharton MBA program is a two-year, full-time MBA program that is globally recognized for intellectual leadership and innovation across every discipline of business education. Th B-School is Philadelphia, Pennsylvania ā a city with rich history, and cultural heritage, and iconic landmarks like Independence Hall and the Liberty Bell. āThe diversity of Whartonās student profile was extremely attractive to me. I feel that rather than specializing in a specific field, it encompasses a dynamic range of experienced individuals that I look forward to learning from and collaborating with. I believe exposure to this multitude of expertise will only give me a leg up when re-entering the workforce,ā says MBA Daniel Rooney. Academics And Programs To truly understand the wide-depth of a Wharton education, it may be helpful to look at the types of students the B-School accepts. Wharton has a full-time enrollment of 877 MBAs, which falls in line with pre-pandemic numbers. One area where the Wharton School has surged is the percentage of females in its MBA cohorts. One of Whartonās points of pride is their percentage of women selected into the program. Last year, women comprised 52% of the class and this fall, the school admitted 50% women, turning a feat into a tendency. Along the same lines, 35% of the class is made up of international students ā Whartonās 2nd-highest representation in this area over the past decade. Overall, the Class of 2024 covers 77 countries, with 11% of the class being First Generation and another 8% identifying as LGBTQ+. Overall, 29% of the Class includes Caucasian Americans, with Asian Americans (23%), African Americans (7%), and Hispanic Americans (5%) also representing large segments of the class. The Wharton MBA program emphasizes an intensive, flexible core in general business education, plus the depth of 18 majors and breadth of over 200 electives. The schoolās month-long pre-term session includes a two-day off-campus retreat where students begin the process of learning to lead in a team environment. The first yearās focus is a core curriculum that students complete together in learning teams of six. The core gives students the foundation of broad management skills that are applicable to any industry. In recent years, the B-School has developed 30 to 40 new analytics courses and currently employs 50 professors from the field. A big differentiator for the Wharton MBA program is the ability to declare a major. Six of their majors are designated as science, technology, engineering, and mathematics (STEM) majors, which help students excel in high-demand roles that require both business and technical skills. Thereās also an added bonus ā the chance to spend one semester in the Bay Area at the schoolās San Francisco campus. During the summer months between the first and second years, students are busy with internships, career treks, and volunteer projects around the world. When they return, the second-year curriculum offers flexibility to follow personal interests and career goals. Part of the application asks for two essays and GMAT and GRE scores. Students are required to complete 19 credit units to graduate, but tuition covers 21 credit units, allowing students to take electives outside of Wharton at other graduate schools at the University of Pennsylvania. Wharton offers a variety of student-led conferences and leadership development opportunities through the McNulty Leadership program which offers activities such as ventures, workshops, and coaching. They also have access to the Venture Lab where students can develop and scale ideas. Wharton is a bi-coastal program, offering MBA students the option to attend a semester at the San Francisco campus; a short drive to Silicon Valley. āWharton was my top choice from day one. Itās the only school that offers the opportunity to spend a semester at the San Francisco campus, giving students a unique East Coast cum West Coast experience. Given my entrepreneurial goals, this opportunity is essential to my b-school experience as it would expand the exposure I would get to the startup scene in the U.S.,ā says MBA Dheeraj Chowdary Nekkanti. Read More Rankings Data For Wharton Wharton MBA Rankings Ranking 2023-2024 2022-2023 2021-2022 2020-2021 2019-2020 Poets&Quants 31 1 3 3 3 Getting Into This SchoolTips For Your Wharton Application EssaysWharton wants to feel confident that you will accept a place in its next class. Be ready to prove it!MBA Interview Tips – The Wharton Team-Based DiscussionIn this video, mbaMission Founder and President Jeremy Shinewald will discuss what to expect at your TBD and how you can best prepare.Four Tips For Displaying Teamwork In Your Application EssaysConsider the following four ideas when you are writing an essay about teamwork MBA Program Consideration Set If you believe youāre a close match to this schoolābased on your scores, age and work experience, you could look at these other competitive full-time MBA programs as well. We list them by stretch, match, and more to consider. These options are presented on the basis of brand image and ranking status as a general guideline. These are meant to be a starting point for further exploration. Stretch Schools Harvard StanfordĀ GSB Match Schools Chicago Booth Columbia Tuck Kellogg SOM More Schools to Consider MIT Sloan Berkeley Haas Duke Fuqua Darden NYU Stern Ross Yale Partners who enable Poets&Quants to provide, free to our readers, information, inspiration, and greater access to graduate education opportunities. Columbia vs. Wharton: The Ultimate SmackdownSBC analyzes the key differences between two programs consistently ranked in the top sevenWhartonās Class Of 2024 Profile: MBA Apps Plunge, But Gender Parity & GMATs Hold SteadyWharton MBA applications declined 13.9% for the incoming class of 2024, a harbinger of what is to come for other business schoolsWharton vs. Harvard Business SchoolPhilly vs. Boston. Facts vs. Stories. Finance vs. General Management. That's the essence of the battle between these two giants: Wharton and Harvard.Chicago’s Booth vs. Northwestern’s Kellogg SchoolConsidering Booth or Kellogg? It would be easy to see this as a classic battle between a quant school and a poet school. Not quite. Here's our candid assessment of these prestige business schools in Metro Chicago and how one stacks up against the other.Rankings, Rates, ROI & More: The M7 By The NumbersAll the 2021 school employment report & class profile data ā and much more ā for the Magnificent Seven B-schoolsThis Is What It Costs To Get An MBA From A Top Business SchoolAll the data on tuition, expenses & total cost when you study for an MBA from a leading business school in the United States or EuropeGMAT Versus GRE: Which Top-50 MBA Programs Prefer Which Test?Where a GMAT or GRE score is a must for admission ā and where you don't have to worry about sitting for an entrance examAverage GMAT Scores At The Top U.S. MBA ProgramsAll the score averages for the Class of 2024 at 27 of the leading business schoolsAcceptance Rates & Yield At The Top 50 U.S. MBA ProgramsAcceptance rates rose at elite U.S. B-schools in 2022, but across all 50 P&Q-ranked schools the average rate was similar to 2021 ā and some schools got much more selective 2023-2024 MBA Admissions Events By SchoolA school-by-school listing of MBA events for the 2023-2024 admissions cycle Why Students Chose āWhartonās efforts to increase diversity and inclusion in our education are palpable. As a Latina woman, this is of paramount importance to me. From our faculty to our Leadership Fellows to our Cohort and Learning Team, it feels like we are a well-oiled machine of different and complementing ideas. The constant exposure to and debate with people from different cultural backgrounds will help in my journey to become an intercultural leader. Because of my focus on financial education for lower income women, I aspired to join a program that was executing on my same inclusion principles. Dean Jamesā efforts to breathe diversity into every single aspect of the Wharton education are tangible. Additionally, the opportunity to pursue a double degree in the Lauder Institute also exposed me to an incredibly culturally diverse team. After Wharton and Lauder, I am sure that I will be able to view the world in a diverse lens, which is crucial in developing the flexibility required to embrace change. In my opinion, this is an integral part of what successful leaders will need in a world where the regional business model is no longer enough.ā Mercedes Beras-Goico (ā24) āThe flexibility of Whartonās curriculum was a huge draw for me. As someone who has never formally studied business, I appreciate having the options to learn from some of the brightest minds in business through lectures, engage in robust case discussions with my classmates, and gain real-world experience through collaborative group projects. Iām also interested in participating in the Global Immersion Program to gain an international perspective on how to apply the concepts I learn in class. Having the opportunity to travel abroad and meet with local business leaders, government officials, and Wharton alumni, while learning from professionals in the region will perfectly complement my classroom experience.ā Kendall Rankin (ā24) āThe analytical rigor of Whartonās MBA program, combined with the cross-disciplinary resources of the Social Impact Initiative, was one of the many reasons why I applied to Wharton. Also, it was the only school that has a finance-centric ESG major ā an area of expertise that ties to my career goals. Beyond career progress, Wharton has a lot to offer for personal development too. Iām seeking to hone myself as a leader and become a self-aware and resilient investor. Courses like Executive Coaching and Feedback Program will help me recognize my strengths and weaknesses. Overall, I believe a Wharton MBA will help me grow as an investor and authentic leader.ā Shriya Kumar (ā24) āIt was the schoolās reputation for giving its students a strong finance and quantitative background. This was important to me as I come from a non-technical background. I really want to focus the next few years on developing my quantitative skills and Whartonās program is perfect to fill this gap in my education.ā Lauren Kim (ā24) āDuring an info session that Wharton held ahead of Round 1 applications, I heard a current student say that Wharton is the place where youāll be surrounded by the most diversity of thought that youāll ever be around. Iāve always tried to surround myself with people who think differently than I do, and who come from backgrounds that are different than my own, so that I can continue to challenge my worldview. Business school was no exception, and I realized after talking with Wharton alums and looking through our required courses, that Wharton would provide me that opportunity.ā Taylor Clarke (ā24) Read More Student Features For WhartonMeet The Wharton School’s MBA Class Of 2024Everything is "big" about Wharton and its Class of 2024Meet The Wharton School’s MBA Class Of 2023A versatile class joins a top all-around business schoolMeet Wharton’s MBA Class Of 2022More than a dozen new Wharton MBAs share their journeys, goals & dreamsThe M7 B-Schools: Everything You Need To KnowAll the data on the U.S. B-schools that consistently lead the rankings & spark the imagination of applicants everywhereHigh & Low MBA Salaries And Bonuses At The Top 100 B-SchoolsAll the most important numbers from the top business schools in the United StatesMBA Pay By Region: Hereās How Much Youāre WorthA school-by-school look at how much MBAs can expect to earn by regionMBA Pay By Occupation & Industry: Hereās How Much Youāre WorthA school-by-school pay comparison for MBAs in Consulting, Finance, Technology, and moreWho Really Hires Harvard, Stanford & Wharton MBAs These DaysAn exclusive look at today's major MBA employers at Harvard, Stanford & Wharton & how many MBAs they hire from each schoolWhich M7 School Parties The Hardest? This Survey Found OutIn new report, 84% say grades are secondary to the social side of school10 Movies Every Business Student Must WatchFrom Wall Street to Norma Rae, a movie marathon for admits to business school, current MBAs and anyone interested in life's great truths Career Stats Wharton MBA Compensation Career Statistics 2022 2021 2020 2019 2018 Median Base Salary $ 175,000.00 $ 155,000 $ 150,000 $ 150,000 $ 135,000 Wharton Graduate MBA Career Statistics Job Offers Received 2022 2021 2020 2019 2018 % of MBAs with Job Offer 3 months postĀ Ā Ā Graduation 98.7% 99% 93.5% 98.5% 98.4% Industry Choices Of Wharton MBAs Industry 2022 2021 2020 2019 2018 Consulting 24% 27% 25% 25% 25% Consumer Products & Retail 2% 1% 2% 3% 6% Energy 1% 1% Financial Services 39% 35% 36% 36% 37% FinTech 2% 1% 2% 1% Future Mobility 0% 1% 2% Healthcare 6% 5% 7% 4% 6% Manufacturing 1% 1% 2% 2% 2% Media, Entertainment, & Sports 1% 2% 1% 1% 2% Legal/Professional Services 1% 1% 1% 2% 2% Real Estate 2% 2% 3% 3% 4% Retail 3% 3% 3% 3% Social Impact 1% 1% 2% 1% 1% Technology 17% 19% 16% 15% 15% Admissions For Wharton Essay Questions For Wharton 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 experiences, short and long-term goals, and resources available at Wharton. (500 words) Essay 2: Taking into consideration your background ā personal, professional, and/or academic ā 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) School Features And Admissions AnalysisWharton MBA Class Of 2025: Apps Fall Again, But Penn Reaches Parity For A 3rd Straight YearApplications are down at Wharton, the first major MBA program to release a Class of 2025 profile. A harbinger of the state of the MBA?Wharton Announces 2023-2024 MBA Application DeadlinesThe Round 1 deadline to apply to join Wharton's MBA Class of 2026 is Wednesday, September 6Whartonās Class Of 2024 Profile: MBA Apps Plunge, But Gender Parity & GMATs Hold SteadyWharton MBA applications declined 13.9% for the incoming class of 2024, a harbinger of what is to come for other business schoolsWharton 2022 MBA Jobs Report: Median Salary Jumps 12.9% To $175K16.9% of Wharton MBAs went to work in tech, but in raw numbers, school sets new record for MBAs in the sector12 Charts That Tell The Wharton MBA StoryIncludes an exclusive look at the major employers of Wharton's MBA Class of 2020 What Does Wharton Really Want?Understanding what the school looks for can help you build a successful applicationFormer Wharton Admissions Deputy: How To Get Into Your Target MBA ProgramNellie Gaynor offers advice from a former insider on when & how to applyYour MBA Recommender Strategy Starts Now5 tips to secure a strong recommendationPositioning Extracurriculars On Your MBA ApplicationTips from the MBA admissions experts on how to stand outWhen To Start Your MBA ApplicationRound one countdown: 7 strategies to start now Harvard, Stanford & Wharton: Three MBA Essays That Got Candidates AdmittedSuccessful MBA essay examples for Stanford, Harvard, and Wharton3 Things You Need To Know If Youāre Applying To WhartonEssential advice from a former Wharton gatekeeperTips For The Wharton Team Based Discussion InterviewWho Are You In A Wharton Team Based Discussion?Talker, derailer, thoughtful opportunist ā know your type & adapt accordinglyHow to Ace Whartonās Team-Based DiscussionPlus the rise of the 'Data MBA'What It Now Costs To Hire An MBA Admissions ConsultantThe cost can vary from $20K to a three-school package to $195 an hour for one-on-one coachingThe Most Favorably Reviewed MBA Admission Consulting FirmsThese nine MBA admissions firms stand out for their success with MBA applicants3 Things You Need To Know If Youāre Applying To WhartonEssential advice from a former Wharton gatekeeper MBA Watch For WhartonMBA Watch is where thousands of MBA applicants not only get to tell their story but have John A. Byrne, MBA admissions coaches and our audience, assess their odds of admission and get help to improve their chances of getting in!Mr. Overrepresented MBB Consultant (2+2)I graduated from the senior class of 2022 at a top Canadian undergraduate business school.Mr. Soldier BoyCurrently a Military Intelligence Officer training junior officers in human intelligence collection.Mr. FinanceUndergrad in Business and Data Systems, interned at one of top 3 biggest tech companies but then moved to startup where I eventually lead a sales division.Mr. Comeback KidI have a lower-income background and worked full time while in college to pay my way through college.Mr. Mumbai ConsultantConsultant with a knack for numbers and loves problem solving.Mr. Military QuantI enlisted in the Marine Corps right out of high school.Ms. Interstellar ThinkerGraduated with a first class in Biotechnology Engineering.Mr. Google TechWork at Google as a software engineer.Mr. Marine CorpsI have served in the United States Marine Corps for the past 11 years, and have achieved the rank of Gunnery Sergeant.Mr. 2+2 Singing ConsultantI've always wanted to dedicate my life to positively impacting others but have struggled to identify the best way to do so. MBA Handicapping: HBS With A 3.4 & A 770? Wharton?He also played varsity baseball for four years and was Rookie of the YearMBA Handicapping: How Do Accenture Consultants Get Into Wharton?Average stats but an extraordinary story of success in the jobMBA Handicapping: Penn State Super Star, TED Talk Prodigy, URM ā What Can Keep Him Out Of HBS?Aiming for Harvard, Stanford, Wharton or Kellogg a deferred admitMBA Handicapping: H/S/W Admit Tips For Finance Guys.With a 740 GMAT and a 3.4 GPA, this corporate finance analyst is vowing for five of the M7 MBA programsMBA Handicapping: Indispensable Advice For International MBA ApplicantsA first-gen college grad targeting Kellogg, Haas, Fuqua, McCombs, Tepper & GoizuetaMBA Handicapping: This Indian Male Breaks With The Stereotype — Will H/S/W Be Impressed?With a 750 GMAT, he's targeting Harvard Business School, Wharton, Yale, London Business School, and InseadMBA Handicapping: 780 GMAT–How Come She’s Not Applying To Harvard Business School?HBS & Stanford? Nope. Aiming for Wharton, MIT Sloan & several other top MBA programsMBA Handicapping: What Does A 3.17 GPA Do To A 780 GMAT At H/S/WA senior product manager at a major e-commerce play aims for a top MBAMBA Handicapping: Getting Into Wharton & Harvard With A 720 GMAT & A 3.6 GPACan a golden resume do the trick for this 26-year-old MBA applicant? News Coverage For WhartonWharton Tops P&Qās 2024 Executive MBA RankingIt's the first time Wharton has topped P&Q's composite ranking of U.S. EMBA programs since we began the exercise in 2020Wharton MBA Class Of 2026: 2 Streaks, One Good & One Bad, Come To A CloseThis fall, the Philadelphia business school enrolled a smaller class that is 11% first-generation college students In Leaked U.S. News Ranking, Penn Falls To Lowest Spot In 27 YearsU.S. News ranking of top universities, due out Sept. 24, puts Penn at No. 10; Princeton takes top honors Wharton MBA, Jobless For A Year, Says Many Like Him Are ‘Suffering In Silence’John Costa received a flood of support and even a couple of solid job leads ā after P&Q published a story about his strugglesWharton MBA, Jobless For A Year & $200K In Debt, Offers ‘Urgent Warning’ For Career ChangersSince graduating in 2016, John Costa has twice been jobless for 12 months or more, including currently, having been laid off from his job at McKinsey in August 2023Why Wharton Is Going All-In On AIThe Wharton School is launching an ambitious initiative to provide 'reliable, evidence-based insights' about AI's 'practical & responsible use'2024 Best 40-Under-40 MBA Professors: Corinne Low, The Wharton School, University of PennsylvaniaCongrats to Corinne Low, The Wharton School, at University of Pennsylvania, for being named a 2024 Best 40 Under 40 MBA Professor.2024 Best 40-Under-40 MBA Professors: Michael R. Parke, The Wharton School, University of PennsylvaniaCongrats to Michael R. Parke of The Wharton School for being named a 2024 Best 40 Under 40 MBA Professor.‘South Asian Trailblazers’: How A Wharton MBA Is Building A Media Company In Between ClassesWharton MBA student Simi Shah is founder of a growing media company that is raising voices of South Asian leaders from all sectorsThe Top 100 Business Schools, Ranked By ResearchWharton ousts Harvard from top spot in Financial Timesā ranking, keeps crown in both of UT-Dallasā listsSmart With A Heart: GRE Prep Program Gives Military MBA Candidates An EdgeWith nonprofit's help, Army veteran Lamar Johnson-Harris and dozens of other applicants gain admits to Wharton, Booth, Stanford & other top B-schools The 2023 MBA Job Market Is Unkind To Another Elite B-School: WhartonConsulting is a bright spot, while finance ā Wharton's bread and butter ā sees anemic salary growthAlumni Thriving On Locust: The Future of African Education ā An Interview With Victor PetenkemaniWharton grad brings hybrid American education to AfricaHarvard & Wharton Slump In New 2023 Businessweek MBA RankingStanford's MBA program claims first for the fifth consecutive yearThe Wharton Program Where MBA Students Are The Teachers ā And Prisoners Are The StudentsThe program that sends MBAs to prison to teach incarcerated students, who spend the semester reading case studies & discussing them with their peersMBA Scholarships At The Leading Business SchoolsAt most top business schools, dozens ā and sometimes hundreds ā of need- and merit-based awards are available