Wharton School, Full Time MBA

What’s unique about Wharton?

• Entrepreneurial Support- Wharton provides robust resources for entrepreneurship, like professor mentoring through the Venture Initiation Program. Over 300 MBA startups have been created since 2005. Most of the Wharton grads pursue entrepreneurship post-graduation.

• Strong Career Outcomes- Wharton sees stellar placement results, with 95% of graduates receiving job offers within 3 months of completing the MBA program across diverse industries and functions. The career management office guides students in successfully leveraging Wharton’s brand and connections post-graduation.

• Dynamic Global Opportunities – Wharton facilitates valuable global exposure via 10 Global Modular Courses conducted in 130+ countries. These intensive learning opportunities often pair with pro bono consulting abroad. Separate exchange terms allow full MBA study overseas with 60+ leading B-schools globally.

• Expanding Your Business Leadership Skills – Wharton’s mission is cultivating leaders equipped to drive sustainable growth and social progress across organizations and global industries. The school’s pioneering research and curriculum impart the strategic vision, management capabilities, and leadership mindset requisite for impactful guidance.

• Data-driven thinking – Wharton has long been renowned for spearheading data-based insights into management strategy and finance. Today, the school leverages its prowess across business analytics and quantitative methods to empower students as data-driven decision-makers.

Class Profile

Academic Statistics

Undergraduate Degree

Pre – MBA Industries (Top 5)

The Wharton MBA Class of 2025 is composed of 874 students, selected from an extremely competitive pool of over 6,194 applicants. It’s a diverse cohort – with 31% international students representing 70 countries and 50% female students – infusing global perspectives into the learning environment. The students exhibit exceptional academic ability, with average undergraduate GPAs of 3.6 and average GMAT scores of 728. They also arrive with substantial work experience, around 5 years on average generally in fields like consulting, technology, healthcare, finance, and non-profits. By driving both academic and viewpoint diversity among gifted peers, the Wharton program facilitates invaluable peer learning and networking that enhances the community. Through this full talent pipeline, the school can nurture leaders to make meaningful impacts across different industries in the current age of disruption.

The Wharton School MBA Program Application Guide

Are you ready for this next step towards life-transforming business learning? MBA program, available for students interested in leadership worldwide, provided by the Wharton School. Below, you will find guidance regarding the application process to the school, interview tips, essay writing, and scholarships.

What is the Wharton MBA Program acquiring rate? 

Getting into Wharton is challenging. Only 10 to 13 percent of students are selected to study there. One can be admitted to Wharton if they have a good GMAT score. People scoring 700+ can be accepted. You can apply for the Wharton School of Business MBA Program if your profile and career story are good.

Reference: https://pythagurus.in/business-schools/wharton-business-school-mba/#:~:text=In%202021%2C%20Wharton%20received%207%2C338,B%2Dschools%20in%20the%20world.

What is the Wharton School MBA Cost?

First-year budget, 2024-2025

Second-Year budget, 2024-2025

Reference: https://mba.wharton.upenn.edu/tuition-financial-aid/ 

Does Wharton School offer loans and scholarships?

Loans 

• Federal Direct Unsubsidized Loan Program: The Federal direct loan maximum aggregate limit for a graduate school student is $20,500 for each year of the program only. This loan will need the 2024-2025 FAFSA application for the federal Pell Grant to qualify. Please visit the student loan page on the Student Registration and Financial Service (SRFS) student loan site for further details.

• Federal Direct Graduate Plus Loan: If you require more funds than the Direct Loan, apply for the Direct Grad PLUS Loan. The 2024-2025 FAFSA application is needed to qualify for this loan. Student loan information can also be obtained from the Student Registration & Financial Services (SRFS) website.

• Private Alternative Loan Programs: You might take a Private Alternative Loan instead of the Federal Direct or Grad PLUS loan.  Private Alternative Loans are unsubsidized and usually have flat and any interest rates and fees relevant to your credit score. Also, one may be expected to produce cosigners. Unlike Federal Direct and Grad PLUS loans, private loans have no annual or any other income-based limits for monthly payments. Specifically, Wharton’s MBA financial aid office suggests another private alternative to this loan. Thus, one has to study other programs for loans.  Refer to information on the Grad PLUS and Private Alternative Loans and the application process on the Student Registration & Financial Services Website.

• Loan Limits: Less any other financial aid up to the amount of the institution’s Cost of Attendance budget

• A private student loan must be applied for every year of the program for this type of loan.

• Private Alternative Lenders: Select offers a common-sense comparison of loans without preferences. In the above-highlighted areas, students can compare the interest rates, the conditions of repayment, and much more. Choose the “Wharton MBA, University of Pennsylvania” option, then study loan offers. Please remember that what has been described here is not a list of all the products available for student loans.

Scholarships

• Wharton Fellowship Program

• Scholarships are provided for the Admission and Financial Aid letter.

• Many scholarships are two years of funds shared over four semesters in a typical MBA student study plan.

• Another critical point for students is that the Wharton Fellowship Committee needs to review fellowship support.

• The Chapman Taylor Family MBA Fellowship

• The Chapman Taylor Family MBA fellowship was established to offer a grant to Wharton School graduate students, with preference given to Peace Corps volunteers.

• Emerging Economy Fellowships

• There are Global Fellowships for Students from Emerging Economy countries across the globe.

• Forte Fellowships

• Forte Fellowships are given annually to excellent students with leadership skills in academics, professions, or creativity who firmly believe in women’s emancipation in learning institutions or workplaces.

• Friends of Israel MBA Fellowship

• This scholarship is a two-year fellowship for students registered in degree programs at Israeli colleges who are Israeli citizens, have served in the Israeli military, attended an Israeli undergraduate institution, and have worked for an Israeli company for the last five years. Recipients will be a unique group of five to six fellows annually.

• Joseph Wharton Fellowships

• Joseph Wharton Fellowships are named in honor of Joseph Wharton, the founder of the Wharton School of the University. These fellowships target students with excellent academic, personal, and professional performance.

• Judith L. and Willi8amn G. Bollinger Fellowship

• Created in 2006, it is funded by William G. Bollinger to support excellent students enrolled in Wharton MBA programs worldwide.

• Maufid Farra Fellowship

• To provide funding for the support of a graduate student or students in the Wharton School and to maintain the University’s policy of maintaining educational diversity in enrolled students from countries in the Arab League: Algeria, Bahrain, Comoros, Djibouti, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Mauritania, Morocco, Oman, Palestinian Territory, Qatar, Saudi Arabia, Somalia, Sudan, Syria, Tunisia, United Arab Emirates, Yemen.

• Prism Fellowship

• The Wharton Prism Fellowship program will meet full Wharton tuition throughout the Wharton MBA program. This fellowship is presented to one student who is an active and illustrated leader of the LGBTQIA population.

• ROMBA Fellowship

• The ROMBA LGBTQ+ Fellowship is a partnership between The Wharton MBA Program and Reaching Out to foster the next generation of vibrant and committed LGBTQ+ business leaders and active allies. Every Fellow is granted at least $20,000 of scholarship and has access to leadership programming, emphasizing an intensive, fully funded leadership retreat.

• Social Impact Fellowships

• Social Impact Fellowships are then available to students with leadership experience in the public and non-profit areas.

• Corporate and Foundation Fellowship

The following select list of corporations and foundations are fellowship supporters of named Wharton MBA fellowships:

• Alcoa Inc.

• American Express Philanthropic Program

• Bain & Company, Inc.

• Bank of America Corporation

• Bechtel Foundation

• Citigroup Foundation

• Credit Suisse

• Daimler Chrysler Corporation Fund

• Deutsche Bank

• Exxon Mobil Corporation

• Ford Motor Company Fund

• General Mills, Inc.

• General Motors Foundation

• The Goldman Sachs Group, Inc.

• Merrill Lynch & Co., Inc.

• New America Alliance Institute

• Pension Real Estate Association

• Robert A. Toigo Foundation

• Robert R. Nathan Memorial Foundation

Wharton Fellowships for Current Status

The same and other fellowships become available in several fields for students during the Wharton MBA Program. Each has its application process, the amount of awards given, and other conditions. 

• 2nd Year Financial Aid Awards

This was created to provide supplemental funding to assist Wharton MBA students in their second year of the program. The Wharton Fellowship Committee will determine this fellowship support based on the application, loan balances, previous fellowships, and other awards.

• Academic Fellowships

• Ford Fellowship – First year, best student

• Academic Excellence Fellowship – Terms 2 and 3, best student

• Inselbag Fellowship – First year (Top 5% eligible)

• McGowan Fellowship – First year (Top 5% eligible)

• Director’s List Fellowship – Each semester (Top 10% eligible)

• Dr. Bruce I. Jacobs Scholars in Quantitative Finance – Second-year, exceptional students in Quantitative Finance Major

• Entrepreneurial Awards and Fellowships

• Penn Wharton Innovation Fund

• Summer Venture Award

• Startup Internship Award

• Edward B Shills / Leonard L Zeidman Fellowship

• Leadership Fellowships

• Behrman Family Fellowships (3) in demonstrated leadership and financial need.

• The recipient selection process is maintained within the Leadership Program.

• Real Estate Fellowships

• Samuel Zell and Robert Lurie Real Estate Center Awards: The Center consistently applies excellence in education by offering fellowship and scholarship programs for real estate students.

• Whitney M Young Fellowship

• The second year, an active AAMBAA community member who is academically brilliant and has made an extraordinary contribution to the success of people of color in Wharton, the University of Pennsylvania, and other businesses.

• Toigo Fellowships

• The Toigo MBA Fellowship offers minority MBA candidates interested in finance careers a source of contacts, a distinguishing factor in employment, career advice and leadership training, a merit award, and much more.

Military Benefits

• Yellow Ribbon Program

• However, the Yellow Ribbon institution must provide up to $5000 each year, and the Yellow Ribbon Award received by each candidate can be at most $23000. The Department of Veterans Affairs (VA) will contribute the funds to provide a matching grant award in our grant funding. For example, according to the Yellow Ribbon Program, the checklist must show Yellow Ribbon eligibility as per presenting the VA Certificate of Eligibility (COE) to Student Registration and Financial Services.

Reference: https://mba-inside.wharton.upenn.edu/financial-aid/welcome/student-loans/, https://mba.wharton.upenn.edu/tuition-financial-aid/

What are the requirements to do an MBA from Wharton School?

• Transcripts

• GMAT/GRE

• English Language Test

• Resume

• Essays

• Two Letters of Recommendation

• Application Fee

Reference: https://mba.wharton.upenn.edu/application-guide/ 

Wharton School MBA Deadlines?

The Wharton MBA program has three application deadlines per year with three key dates for each round: Application Deadline, Interview Dates, and Decision Dates. 

Interviewed candidates will receive an email notice containing this Interview call, as shown in the Interview Invitation column below. The email with the invitation to the interview will include the link that should lead the candidate to the interview session, which contains an opportunity to agree upon the time for an interview and additional materials the candidate would need.

Reference: https://mba.wharton.upenn.edu/application-timeline-deadlines/ 

What rankings does the Wharton School MBA have? 

University of Pennsylvania (Wharton) has ranked 1st in 124 schools in the Best Business School category. Schools were evaluated based on specified measures, all of which are used to measure school effectiveness.

Wharton School by the Numbers:

• Global Ranking: #1 (current ranking for MBA programs globally)

• Class Composition: 1754 enrolled. 

• Class Size: The percentage of women is 49.7%, 38% Minority Enrollment, 32.7% International, and 28.1% White.

Reference: https://www.usnews.com/best-graduate-schools/top-business-schools/university-of-pennsylvania-01194#:~:text=University%20of%20Pennsylvania%20(Wharton)%202024,widely%20accepted%20indicators%20of%20excellence. 

Wharton School Undergraduate Program?

Wharton undergraduate degrees give you business and more – a program that produces graduates with business and liberal arts education in one Ivy League institution. There are over 20 concentrations, and all ten departments provide an option to specialize in particular fields. They receive Bachelor of Science degrees in Economics from the Wharton School of the University.

Reference: https://www.wharton.upenn.edu/academic-programs/ 

What is the Wharton Executive MBA Tuition?

An executive MBA is not a search for a job; it should be considered a tool that will produce a return for anybody’s organization. To qualify for the class beginning in 2024, tuition and fees are expected at $230,100 or $38,350 per part of an academic term into which the amount is divided. Comparing the results, it is also worth noting that the above-said cost does not include the purchase expenses, set of several textbooks, and other types of literature.

Reference: https://executivemba.wharton.upenn.edu/emba-tuition-financial-aid/#tuition 

Why Choose the Wharton School?

Wharton School of Business is an international institution that offers rigorous academic programs and up-to-date information about the business world. It boasts over 19 concentrations and provides learning that can only be had in finance, marketing, entrepreneurship, and data analytics. With an excellent reputation, an extensive network of alums, and a focus on inclusiveness, Wharton’s significant endowments set its students up to make changes across the global business landscape.

Our Support for The Wharton School MBA Application

If you want to get into The Wharton School, The University of Pennsylvania, our comprehensive application advisory program The MBA Edge can help you launch a successful journey. With a focus on thoughtfully conveying your unique story and fitting with Wharton’s experiential learning culture, our abroad MBA Consultant aims to help you stand apart from other applicants. Our personalized coaching keeps you central in crafting an authentic application strategy tailored to Kellogg’s values like leadership development, cross-collaboration, and social impact. Through customized guidance on all aspects of the process, we strive to equip you not only to gain admission to this highly selective program but also to thrive during your MBA and pursue a meaningful post-graduation career. By working closely together, we hope to position you to join the Wharton School MBA program known for driving change across business and society. application procеss.