The Wharton School – University of Pennsylvania

Wharton School Full-Time MBA Program Structure

The University of Pennsylvania Wharton School full-time MBA program takes place over the course of 20 months, with students having multiple options for the summer between their first and second years: internships, “career treks” in the U.S. or abroad, the Wharton International Volunteer Program, or working with a nonprofit through the Summer Public Interest Fund.

Curriculum

In 2012 Wharton introduced a new curriculum to its full-time MBA program with the aim of creating more flexibility over the order in which students complete required courses. Wharton School Full-Time MBA students must take six required core courses in August and the first half of their first year with a cohort of about 70 students and a “learning team” of five or six classmates. Flexible core courses can be delayed until the second year, which gives first year students the opportunity to begin personalizing their course of study by choosing electives early on in their MBA process.

Starting when they arrive on campus in August, cohorts will take the following fixed courses: Foundations of Teamwork and Leadership, Marketing Management, Microeconomic Foundations, Advanced Topics in Managerial Economics, Regression Analysis for Managers, and Speaking and Writing. The fixed core courses are worth a total of 9.5 credits. The required core curriculum also includes first-semester courses in speaking and writing. The flexible core portion of required courses allows students to choose from a number of options, including courses focused on Operations, Marketing, Accounting, Corporate Finance, Legal Studies and Business Ethics, Management, and Macroeconomics. Out of these overarching topics, students must choose two options for further study, which are worth an additional 5.5 credits. For example, a student interested in Operations Management could start fulfilling their flexible core by taking one course such as Business Analytics, Information Technology, Innovation, or Operation Strategy.

The new structure of this curriculum gives students the chance to begin taking electives in their first year, as long as they complete the core curriculum at some point in their second year. As a result, students can begin pursuing their interests through choosing from Wharton’s over 200 electives.

Class Profile

The median number of years of work experience that most students enrolled in the Wharton School full-time MBA program possess is five, with a range of zero to 14 years of work experience. The range of GMAT scores for the Class of 2019 is 530-790, with a median score of 730. A total of 863 students are currently enrolled in the Class of 2019 MBA program, with 44 percent identifying as female, 33 percent identifying as people of color, and 33 percent in total were born outside of the U.S.

Careers

Wharton’s MBA Career Management Office manages the relationships between the school and visiting recruiters, and offers students and alumni additional support throughout their career searches. The additional resources include workshops and training sessions on many topics such as self-assessment, resume writing and interviewing. The office also offers one-on-one career counseling, opportunities for career treks across the globe and important information about different industries’ functions.

All students are required to take an internship during their tenure with the program, assisting in developing career paths. The average salary of a MBA graduate from Wharton is well over $100,000 for those looking for employment in both the United States and Asia.

Tuition & Financial Aid

Tuition and fees for the Wharton School Full-Time MBA, which includes a $2,000 pre-term fee, is $76,580 for 2017-2018. This cost increases once room and board, health insurance, books and supplies and ‘miscellaneous’ expenses are factored in. The total cost estimate for one year at Wharton is $109,450.

Students in the full-time program are all considered for one of Wharton’s fellowships. These fellowships can contribute to the costs of both years of schooling, though some are only for second years.

Federal student loans are available, as are private alternative loans. Wharton offers a number of scholarships for specific populations, as well as the John M. Bendheim Loan Forgiveness Fund for Public Service. Additionally, Wharton participates in the Yellow Ribbon Program for armed forces veterans.

Admissions Procedures

In addition to filling out its online application, applicants to the Wharton School full-time MBA program will also be required to submit one mandatory and one optional essay, any undergraduate or graduate school transcripts, two letters of recommendation, GMAT or GRE scores, and a resume. International students may have to provide their TOEFL scores while those pursuing dual degrees may need to provide supplemental information to one or both programs. Those targeting the Lauder MBA/MA program will be required to submit to a telephone interview to demonstrate their language skills through a twenty minute “Oral Proficiency Interview.” Additionally, applicants that are invited to interview must do so. Applicants must also submit an application fee of $265.

Application Deadlines

Round 2 – January 3
Round 3 – March 27