Wharton MBA Your Complete Guide to One of the Worlds Top MBA Programs
Wharton MBA is one of the top MBA programs in the world. We analyze the three main MBA programs offered by Wharton and their class profiles and application requirements. Looking at their class composition and the Wharton MBA value addition, it is definitely a tough program to get into. www.goalisb.com | Shruti P | ISB, IIM, MBA Expert | contact@goalisb.com | https://www.youtube.com/@Goalisb
Wharton's Three MBA Pathways
Wharton MBA
2-year full-time MBA program for experienced professionals seeking comprehensive business education and career transformation.
Moelis Advance Access
Deferred MBA program for final-year and pre-final-year students to secure admission early and gain work experience before matriculation.
Executive MBA
Part-time program for working professionals with 10+ years of experience seeking leadership advancement without career interruption.
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Wharton MBA Application Requirements
Applying to the Wharton MBA program is a significant undertaking, but understanding the MBA admission process can smooth your path. Here's a breakdown of everything you need to know:
Background Information
Provide your basic details, including contact information, date of birth, and academic degrees earned.
Education & Transcripts
List all educational experiences from high school to post-graduate work. Submit unofficial transcripts initially; official transcripts required upon admission.
Professional Experience
Detail your full-time work history, including military and entrepreneurial roles. Part-time and summer jobs since college can also be listed.
Application Fee
Non-refundable fee of $275, payable by credit card.
Essays, Recommendations & Testing
Required Essays
Essay 1: How you'll leverage the Wharton MBA to achieve career goals (500 words)
Essay 2: Your planned contributions to the Wharton community (400 words)
Reapplicant Essay: Growth since previous application (250 words)
Optional Essay: Additional information or address weaknesses (500 words)
Letters of Recommendation
Two recommendations required, preferably from current or former supervisors. Recommenders complete a form highlighting your positive qualities and providing specific examples of your potential for success.
GMAT or GRE
Submit scores from either exam. Home tests accepted with online proctoring. Be mindful of testing deadlines for your chosen application round.
English Language Test
Non-native English speakers with limited exposure must submit TOEFL, PTE, or IELTS scores. May be waived if degree earned in English.
Resume
Upload a one-page resume highlighting your skills, experience, leadership potential, and growth trajectory.
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The Wharton School at the University of Pennsylvania offers one of the most prestigious MBA programs in the world.
Program Structure & Experience
Duration and Schedule
The Wharton MBA takes 20 months to complete, including a recommended 3.5-month summer internship for hands-on business experience. The academic year is divided into two years with classes running Monday to Thursday (with potential Friday exams).
Core Curriculum
The Wharton MBA is built on a strong core curriculum comprising 9.5 Credit Units (CU) that provides a solid foundation in essential business concepts including finance, marketing, and operations.
21
Available Majors
40%
Dual Majors
Flexibility and Global Exposure
Multiple Majors
Choose from 21 majors, with about 40% of students opting for dual majors. Tailor your MBA to your specific career aspirations.
Global Exposure
Exceptional opportunities for international experiences through dual-degree programs, study abroad, Global Modular Courses, and Global Immersion Programs.
Career Development
MBA Career Management provides crucial support including on-campus recruiting for summer internships and post-graduation opportunities.
Campus Locations: The primary campus is in Philadelphia, with a unique opportunity to apply for a semester in San Francisco.
Beyond the Classroom
Vibrant Community
Engage in clubs, conferences, sports, and student-led initiatives. Build strong networks and enjoy a well-rounded student life.
Dedicated Advising
Supported by a team of advisors offering guidance on academics, student life, and career development.
Leadership Development
Prepare for future business leadership through rigorous academics and transformative experiences.
The Wharton MBA is a rigorous and transformative experience designed for future business leaders. If you have strong academic credentials, a desire for customization in your business education, and a focus on career acceleration, Wharton could be the perfect place to achieve your goals. www.goalisb.com | Shruti P | ISB, IIM, MBA Expert | contact@goalisb.com | https://www.youtube.com/@Goalisb
Wharton MBA Costs
The Wharton MBA at the University of Pennsylvania provides a world-class business education, but it comes with a significant price tag. Understanding the financial implications is crucial in deciding if the Wharton MBA is the right fit for your career goals.
First-Year Budget
Tuition and Fees: $87,370 (includes $2,000 pre-term fee)
Room and Board: $26,028
Books, Supplies, Misc.: $6,868
Health Insurance: $4,210
Total First-Year Cost: $124,476
Second-Year Budget
Tuition and Fees: $85,370
Room and Board: $26,028
Books, Supplies, Misc.: $6,868
Health Insurance: $4,210
Total Second-Year Cost: $122,476
Financial Planning & ROI
1 Cost of Living
Philadelphia is a major city. Your living expenses may vary depending on your lifestyle choices and where you choose to live.
2 Scholarships & Financial Aid
Wharton offers MBA scholarships, and you may qualify for external scholarships as well. Explore all financial aid options to potentially reduce your costs.
3 Potential Salary Increase
An MBA from Wharton can open doors to significantly higher-paying roles. Consider the potential return on investment (ROI) when weighing the costs.
Financing Tips: Start planning early, consider loans (both federal and private), and actively search for scholarships. The earlier you begin saving and exploring financial aid options, the better prepared you'll be.
Worried about MBA costs? GOALisB advisors can help you explore scholarship strategies, financial planning, and ROI analysis for Wharton and peer programs. www.goalisb.com | Shruti P | ISB, IIM, MBA Expert | contact@goalisb.com | https://www.youtube.com/@Goalisb
Wharton's Global Impact 100K
Alumni Worldwide
Across 153 countries
Recent Wharton Achievements (2023)
Moskowitz Prize 2022
Awarded to Profs. Luke Taylor and Robert Stambaugh for their paper "Dissecting Green Returns" Community Partnership
Partnership with Rebuilding Together Philadelphia enabled 90+ Wharton MBA students to revitalize 11 homes in West Philadelphia
Guggenheim Fellowship
Prof. Zeke Emanuel, renowned Health Care Management expert, awarded prestigious 2023 Guggenheim Fellowship
Innovative Courses
Faculty teaching classes like "Grit Lab 101" by Prof. Angela Duckworth and "Essentials of Personal Finance" by Prof. David Musto www.goalisb.com | Shruti P | ISB, IIM, MBA Expert | contact@goalisb.com | https://www.youtube.com/@Goalisb
Wharton MBA Class Profile: Class of 2025
FT MBA Ranking 2024: Wharton's Excellence
Wharton's 1st place ranking in the prestigious Financial Times MBA Ranking 2024 confirms its status as one of the world's leading MBA programs.
Salary Increase
Key Rankings
Overall Rank: 1st
Alumni Network Rank: 2nd
FT Research Rank: 4th
Weighted Salary: $457,772
Within 3 months of graduation
International Students
Class of 2024 Profile
Applications Received: 6,319
Enrolled: 877
Countries Represented: 77
Women: 50%
International: 35%
LGBTQ+: 8%
Career Outcomes & Placements
Class of 2023 Full-Time
Placements
Wharton Moelis Advance Access & Executive MBA
Moelis Advance Access Program
Application Deadline: April 26, 2023
Interviews: June 2-14, 2023
Requirements
Application fee: $100
GMAT or GRE (test center or online)
Updated resume
Two letters of reference
Two essays (same as 2-year MBA)
Virtual Team-Based Discussion and interview
2022 Cohort Profile
Enrolled: 110
Countries: 57
International: 36%
Female: 46%
Wharton Executive MBA
Application Deadlines:
Round 1: October 12, 2022
Round 2: January 18, 2023
Program Features
Synchronous and virtual classes every other week
22-month program duration
5 residential weeks included
Application fee: $200
Eligibility
Minimum 10 years full-time work experience
GMAT, GRE, or EA (EA requires 8+ years experience)
2 letters of recommendation
2 essays Class Profile
Class Size: 234
Median GMAT: 710
Median EA: 156
Average Age: 37
Average Work Experience: 12 years
Women: 33%
Countries: 36
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