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Wharton MBA Your Complete Guide to One of the Worlds Top MBA Programs

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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.

Planning to apply to Wharton or other top global MBAs? Get personalized guidance on profile building, test strategy, and essays with GOALisB MBA Admissions Consulting.

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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.

Need help crafting a standout Wharton MBA application? GOALisB's expert consultants help you strategize essays, choose the right recommenders, and position your profile to match Wharton's expectations.

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

Applying for a deferred MBA like Wharton Moelis or working professional aiming for Executive MBA? GOALisB specializes in helping early-career applicants and experienced leaders build strong narratives. Schedule your personalized MBA consultation today.

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