The Wharton School is one of the world’s top business schools, with its MBA program having once again landed the top spot (joint with Stanford Graduate School of Business) in the QS Global MBA Rankings 2020. But how is Wharton different from other top business schools?\r\n\r\nIt can be quite hard to calculate the value of an MBA in today’s turbulent job market, but one of the greatest parts of a Wharton MBA is the alumni network you become a part of. Graduates can add 99,000 alumni to their network for both mentoring and learning opportunities – which is a huge bonus.\r\n\r\nBut let’s take a closer look at the Wharton MBA to give you the full picture…\r\n\r\nWharton MBA Class Profile\r\n\r\n\r\n\t\r\n\t\t\r\n\t\t\t\r\n\t\t\tThe Wharton School: Class Profile and Information\r\n\t\t\t\r\n\t\t\r\n\t\t\r\n\t\t\t\r\n\t\t\tAcceptance rate\r\n\t\t\t\r\n\t\t\t\r\n\t\t\t21 percent\r\n\t\t\t\r\n\t\t\r\n\t\t\r\n\t\t\t\r\n\t\t\tGMAT\r\n\t\t\t\r\n\t\t\t\r\n\t\t\tMean: 732\r\n\r\n\t\t\tRange: 540-790\r\n\t\t\t\r\n\t\t\r\n\t\t\r\n\t\t\t\r\n\t\t\tGRE (mean scores)\r\n\t\t\t\r\n\t\t\t\r\n\t\t\tQuant: 162\r\n\r\n\t\t\tVerbal: 162\r\n\r\n\t\t\tWriting: 4.8\r\n\t\t\t\r\n\t\t\r\n\t\t\r\n\t\t\t\r\n\t\t\tGPA\r\n\t\t\t\r\n\t\t\t\r\n\t\t\tAverage: 3.6\r\n\t\t\t\r\n\t\t\r\n\t\t\r\n\t\t\t\r\n\t\t\tAverage age/experience\r\n\t\t\t\r\n\t\t\t\r\n\t\t\tAge: 28\r\n\r\n\t\t\tWork experience: Five years\r\n\t\t\t\r\n\t\t\r\n\t\t\r\n\t\t\t\r\n\t\t\tDiversity\r\n\t\t\t\r\n\t\t\t\r\n\t\t\tWomen: 46 percent\r\n\r\n\t\t\tInternational: 30 percent\r\n\r\n\t\t\tUS students of color: 36 percent\r\n\r\n\t\t\tLGBT students: 5 percent\r\n\t\t\t\r\n\t\t\r\n\t\t\r\n\t\t\t\r\n\t\t\tPre-MBA industries\r\n\t\t\t\r\n\t\t\t\r\n\t\t\tConsulting: 25 percent\r\n\r\n\t\t\tPrivate equity/Venture Capital: 12 percent\r\n\r\n\t\t\tOther: 10 percent\r\n\r\n\t\t\tNon-profit/Government: 9 percent\r\n\r\n\t\t\tTech/Internet services: 9 percent\r\n\r\n\t\t\tInvestment Banking: 9 percent\r\n\r\n\t\t\tOther financial services: 6 percent\r\n\r\n\t\t\tInvestment management: 5 percent\r\n\r\n\t\t\tHealth care: 5 percent\r\n\r\n\t\t\tCPG/Retail: 4 percent\r\n\r\n\t\t\tEnergy: 3 percent\r\n\r\n\t\t\tMedia/Entertainment: 3 percent\r\n\t\t\t\r\n\t\t\r\n\t\t\r\n\t\t\t\r\n\t\t\tUndergraduate majors\r\n\t\t\t\r\n\t\t\t\r\n\t\t\tHumanities/Social Sciences: 43 percent\r\n\r\n\t\t\tEngineering/Math/Science: 30 percent\r\n\r\n\t\t\tBusiness: 27 percent.\r\n\t\t\t\r\n\t\t\r\n\t\r\n\r\n\r\n \r\n\r\nThe above data represents the Wharton MBA class of 2021.\r\n\r\nYou can see the full report here.\r\n\r\nThings you need to know before applying to the Wharton MBA\r\n\r\nIt’s important to be prepared before you apply to any MBA program – and Wharton’s MBA is no exception.\r\n\r\nWhen it comes to applying, Wharton offers three rounds of admissions. To determine which is the best round for you, you can visit the Application Deadlines page. Prospective students are encouraged to apply in the year preceding their start at Wharton, and the b-school’s general policy is not to grant deferrals. All requests will be handled on a case-by-case basis.\r\n\r\nWharton typically receives 6-7,000 applications every year. Approximately 75 percent to 80 percent of applicants are qualified for admission. Wharton generally admits about 1,000 candidates for a class of about 840 students.\r\n\r\nAfter submitting your application for the Class of 2023 (start date of Fall 2021) successful applicants will be notified for the interview process on the following dates:\r\n\r\n1) Round 1 deadline: September 15, 2020\r\n\r\n\r\n\tInvitation to Interview: October 28, 2020\r\n\tDecisions Released: December 16, 2020\r\n\r\n\r\n2) Round 2 deadline: January 5, 2021\r\n\r\n\r\n\tInvitation to Interview: February 11, 2021\r\n\tDecisions Released: March 25, 202\r\n\r\n\r\n3) Round 3 deadline: March 31, 2021\r\n\r\n\r\n\tInvitation to Interview: April 15, 2021\r\n\tDecisions Released: May 11, 2021\r\n\r\n\r\nPrograms available at Wharton\r\n\r\nWharton runs a range of MBA programs that include the full-time MBA, MBA for executives, joint degree programs (MBA/MA) in international management and arts and sciences, MBA/law program, and MBA/public administration. The school also runs pre-college programs, undergraduate programs in economics, and dual-degree programs in international studies and business, management and technology, and life sciences and management.\r\n\r\nAvailable doctoral programs include accounting, management, applied economics, ethics and legal studies, marketing, and statistics. Wharton also runs global programs, such as the Wharton-INSEAD Alliance and Advanced International Studies.\r\n\r\nWharton offers three fully integrated interdisciplinary programs at the University of Pennsylvania, meaning you can bridge multiple disciplines and customize your MBA experience. Choose from:\r\n\r\n\r\n\tCarey JD/MBA\r\n\tLauder MBA/MA in International Studies\r\n\tHealth Care Management\r\n\r\n\r\nWharton MBA application requirements\r\n\r\nA complete Wharton application will consist of:\r\n\r\n\r\n\tBackground Information\r\n\tApplication Fee\r\n\tTwo Essays\r\n\tTranscripts (unofficial or official)\r\n\tTwo Letters of Recommendation\r\n\tGMAT or GRE Score\r\n\tEnglish Language Test Score\r\n\tResume\r\n\r\n\r\nThe Wharton MBA Program is accepting at-home GRE and GMAT test scores through the 2020-2021 admissions year. This new format allows you to take exams virtually while being monitored by a proctor online. Scores will be sent to our admissions team electronically.\r\n\r\nWharton fees \u0026 expenses\r\n\r\nThe estimated first-year budget for the Wharton MBA Program is US$111,695, which includes tuition and fees (US$80,432), room \u0026 board (US$21,050), books, supplies, health insurance, and additional personal costs (US$10,213). The estimated total program budget is US$222,540. Students are responsible for their own housing, meals, and course materials.\r\n\r\nAdmissions statistics at Wharton\r\n\r\n5,905 prospective students applied to Wharton’s MBA Class of 2021, but only 856 students were actually enrolled onto the class.\r\n\r\nOf the students enrolled on the program, 44 percent are female, 33 percent are international students, and 33 percent are US students of color. Students in the cohort had an average of five years’ work experience and represented 52 countries.\r\n\r\nYou can find out more facts \u0026 figures from Wharton’s most recently admitted class on the Class Profile page.\r\n\r\nCareer after a Wharton MBA\r\n\r\nOf the 863 students in the Class of 2019, 98.5 percent of students seeking employment reported job offers, and 93.5 percent of students reported job acceptances.\r\n\r\nGraduates reported a median annual salary of US$150,000, 60 percent reported a median sign-on bonus of US$30,000 (with the 75th percentile earning US$50,000) but graduates also noted a median guaranteed bonus of US$25,000.\r\n\r\nWharton’s MBA Career Management team helps graduates secure the jobs they want with tailored guidance, helping them achieve and build the careers they want.\r\n\r\nThe career team has connected students with over 650 companies from a variety of sectors and backgrounds, from start-ups to Fortune 500 companies.\r\n\r\nGraduates can utilize the team’s resources including career counselling, information banks on companies and industries, workshops, recruiting, research tools, and career treks.\r\n\r\nWharton MBA facts\r\n\r\nWharton’s MBA program is highly flexible with 19 majors and nearly 200 electives to choose from, allowing students to tailor their course based on background, experience, interests and goals.