How to get into Wharton MBA program
What is Wharton?
What exactly is Wharton? The Wharton School of the University of Pennsylvania is a prestigious business school found in Philadelphia, Pennsylvania, United States of America. It is one of the world’s oldest and most prestigious business schools, having been established in 1881, and it is widely considered the best. As such, more people would like to know how to get into Wharton.
In the fields of business and management, the university offers undergraduate degrees, as well as master’s degrees, doctoral degrees, and executive master’s degrees. Wharton is well-known for its emphasis on developing practical skills for business leaders and conducting academic research that adheres to the highest standards.
The school has a large and active alumni network that is comprised of many successful businesspeople, entrepreneurs, and philanthropists. Its faculty is comprised of several world-renowned scholars and business leaders. Wharton is widely acknowledged as a pioneer in business education and research, consistently ranked as one of the best business schools in the world.
Accounting, e-commerce, economics, entrepreneurship, ethics, finance, general management, health care administration, human resources management, insurance, international business, marketing, production/operations management, public policy, real estate, quantitative analysis/statistics, and operations research are some of the departments and concentrations that can be found at the Wharton School at the University of Pennsylvania.
The tuition for the full-time program is $76,000 per year, and the tuition for the executive program is $210,900 for the entire program. The employment rate of graduates who completed the full-time program is 89.90% at graduation. The Wharton School of the University of Pennsylvania was the first business school in the United States. It now has the most extensive alumni network of any business school in the United States.
Close to 90,000 alumni from all over the world have learned how to get into Wharton. Some of the most notable graduates include John Sculley, the former CEO of Apple Inc., Jeff Weiner, the CEO of LinkedIn, and J.D. Power III, who founded J.D. Power and Associates, which is a global marketing information firm.
98.5 percent of students actively looking for work and who were a part of the Class of 2019 reported receiving job offers, and 93.5 percent of students actively looking for work reported accepting job offers. Graduates reported a median annual salary of US$150,000, a median sign-on bonus of US$30,000 (with the 75th percentile earning US$50,000), and a median guaranteed bonus of US$25,000. Graduates also reported a median guaranteed bonus of US$25,000.
The MBA Career Management team at Wharton assists graduates in securing the jobs they want by providing individualized guidance. This assists graduates in achieving and building the careers they want. The career team has established connections between students and over 650 companies.
These businesses come from various industries and backgrounds, from start-ups to companies on the Fortune 500 list. Graduates are encouraged to use the team’s resources, including career counseling, information banks on companies and industries, workshops, recruiting, research tools, and career treks.
Applying at Wharton
It is essential to have all of your ducks in a row before applying to any MBA program, and Wharton’s MBA is no exception to this rule. As you learn how to get into Wharton, you must know what you need to have when going through this process.
When it comes to the application process at Wharton, they have three rounds of admissions for prospective students. You can visit the Application Deadlines page to determine which application round is most suitable for you.
It is important to know as you learn how to get into Wharton that it is their general policy not to permit the school to grant deferrals, and prospective students are strongly encouraged to submit their applications during the academic year immediately preceding the academic year which they intend to enroll at Wharton.
Wharton receives between 6,000 and 7,000 applications every year. Approximately seventy-five and eighty percent of those who apply are eligible for admission. In general, Wharton will accept approximately 1,000 applicants for a class size of approximately 840 students.
Wharton requires the following items to be submitted for an application to be considered complete:
- Background Information
- Application Fee
- Two Essays
- Transcripts (unofficial or official)
- Two Letters of Recommendation
- GMAT or GRE Score
- English Language Test Score
- Resume
The Wharton MBA Program will continue to accept scores from the GRE and GMAT taken at home through the admissions year of 2020-2021. Using this innovative format, you can take examinations virtually while being supervised by an online proctor. The scores will be provided in an electronic format to their admissions team.
The Wharton MBA Program has an estimated first-year cost of US$111,695, which covers expenses such as tuition and fees (US$80,432), room and board (US$21,050), books, supplies, medical insurance, and additional personal costs (US$10,213). The total budget for the program is anticipated to be US$222,540. Students are on their own to find housing, pay for their meals, and provide their academic supplies.
5,905 prospective students submitted applications to join the Wharton Business School’s MBA Class of 2021; however, only 856 students were ultimately accepted into the program. 44% of the students enrolled in the program are female, 33% are from outside the United States, and 33% are students of color in the United States. The students in the cohort represented 52 different countries and had worked an average of five years before enrolling in the program.
Programs at Wharton
If you are interested in learning how to get into Wharton, you should know that Wharton University offers a variety of Master of Business Administration (MBA) programs. This includes a full-time MBA, an MBA for executives, joint degree programs (MBA/MA) in international management and arts and sciences, an MBA/law program, and an MBA/public administration program.
In addition, the university offers pre-college programs, undergraduate programs in economics, dual-degree programs in international studies and business, management, and technology, and life sciences and management.
The fields of accounting, management, applied economics, ethics and legal studies, marketing, and statistics are among the doctoral programs available at Wharton. Additionally, Wharton operates international programs such as the Wharton-INSEAD Alliance and the Advanced International Studies program.
You can bridge multiple disciplines and personalize your MBA experience by taking advantage of Wharton’s three fully integrated interdisciplinary programs offered at the University of Pennsylvania’s Wharton School.
One thing that you will learn about how to get into Wharton is that students also have the opportunity to pursue joint degrees in addition to graduate business degrees. Some examples of joint degree programs include an accelerated MBA/J.D. degree that can be completed in three years with the Penn Law School, an MBA/M.A. degree in International Studies, and joint degree programs through the Harvard Kennedy School of Government.
Now that you know where to find out how to get into Wharton, the process of your admission is your next step. At AdmissionSight, you will be guided as needed in that step. You can get all the right information and guidance from experts at AdmissionSight. Start your journey today with an initial consultation.
