About The School
A quick scan of the MBA rankings of recent years confirms that, The Economist aside, Wharton is rarely outside of the world’s top 4. Business as usual for the world’s oldest business schools, and part of a trinity often referred to as HSW. But a fall in applicant numbers in 2012/13 led the Wall Street Journal to ask ‘What’s wrong with Wharton?”, with observers questioning whether the school has lost its luster as students’ interests shift from finance to technology and entrepreneurship.
But if any of the top business schools has taken the time to adjust to a post-Lehman Brothers world it is Wharton. The entrepreneurial community has quintupled in the past six years, with a higher percentage of students starting a business at graduation than at Harvard Business School. The school can also claim the highest percentage of women in a top MBA program, with an unprecedented six years in a row when women made up at least 40% of the class. And the quality of admitted students is also on the rise, if measured by the average 730 GMAT score of the incoming class.
The introduction of a Team Based Discussion component to the MBA admissions process may have dissuaded some, but it has been well received by participants, and showcases the interaction and inclusive values that are a far cry from the outdated stereotype of a competitive student body. And the school’s improving yield, which shows that more applicants who receive an offer to join the Wharton program are saying ‘yes’ suggests that they are a good fit and prize a Wharton education over any other.
Strengths And Specializations
General Management, Finance, Health Care, Entrepreneurship, Real Estate, Nonprofit/Social Responsibility, International Management, Economics, Big Data
The MBA program offers over 200 electives – more than any other top business school
Number of Applicants:6,679
MBA Class Size:851
Sector: Financial Services 36.9%; Consulting 26.3%; Technology 11.3%; Consumer Products 7.4%;
Top Recruiters: McKinsey, Bain, BCG, Google, Deloitte
Avg Base Salary: $127,280
Salary Increase: 94%
Employment in 3 months: 95%
Avg. Work Exp.: 5 yrs
Avg. GMAT: 730
Int’l Students: 32%
Female Students: 44%
Deadlines for Sept 2016: R1 – Sep 27, ’16; R2 – Jan 5, ’17; R3 – Mar 28, ’17
Sources: Wharton, BusinessWeek, Financial Times, US News, MBA50
1. (Required) What do you hope to gain both personally and professionally from the Wharton MBA? (500 words)
2. Teamwork is at the core of the Wharton MBA experience with each student contributing unique elements to our collaborative culture. How will you contribute to the Wharton community? (400 words)
Interview – Team Based Discussion
Three years ago the Wharton Admissions office partnered with the Wharton Innovation group to launch a new evaluation method, the team-based discussion. If you are invited to interview, you will participate in a team-based discussion with 5-6 other applicants during your scheduled session. The team-based discussion will allow you the opportunity to interact with your fellow applicants through discourse involving real-world business scenarios, which will highlight how you approach and analyze specific situations. Your discussion will have a prompt and a purpose and you will work towards a tangible outcome with your group. The team-based discussion is additive and does not replace the opportunity for an individual exchange. There will be time allotted for a short one-on-one conversation with a member of the Admissions staff during the interview.
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