Getting into Wharton is a dream of most MBA aspirants. The Wharton School is one of the most reputed business schools in the United States of America. Though there is a huge number of top universities in the USA and many MBA colleges in the USA, Wharton is one name that grabs a lot of limelight. It gives close competition to the top universities worldwide.
Wharton offers a plethora of courses in disciplines like economics, healthcare administration, finance etc. with rigorous and comprehensive curricula. This is the reason why there is no dearth of career-oriented and focused applicants hoping to get into Wharton’s MBA programs.
Founded in 1881, The Wharton School has been listed first on the US News and World Reports ‘Best Finance Programs’ list each consecutive year from its commencement. The prestige and honour associated with a Wharton degree is a great driving factor for students to work diligently, hone their skills, and make them industry-ready for a competitive world that awaits them after the degree.
Another notable feature of Wharton is its extensive MBA graduates community. It boasts of a 99,000-strong alumni base all over the world that is “constantly networking, mentoring, and learning.” This successful alumni community is a testimony to the success rate of Wharton’s MBA programs. To talk in terms of statistics and figures, the range of starting salaries for almost 99 percent of Wharton MBA graduates is between $122,000 and $150,000. This data is provided by the employers who offered jobs to Wharton graduates. Also, a Wharton degree guarantees a successful career outside the States as well. In fact, around 12 percent of recent graduates choose to work outside of the United States of America.
With such world-class facilities and state-of-the-art infrastructure, it goes without saying that getting into Wharton is not an easy task. It may be difficult, but certainly not impossible. With a good academic/professional profile and the right approach, one can make his/her dream of getting into Wharton see the light of day. Read further to find out how to apply for Wharton’s MBA program.
One of the interesting aspects of MBA programs offered by Wharton is that you can select from 12 joint degree programs. These include the three fully integrated, interdisciplinary MBA degrees which are:
Moreover, Wharton also offers 19 different majors and almost 200 electives! These include STEM-certified majors like Business Analytics and Quantitative Finance. In total, there are 19 credit units (CU) and the curriculum is divided into three credit categories. The core requirements are 9.5 CU, major-specific requirements are 5.0 CU, and electives contribute 4.5 CU.
The accepted candidates are eligible to be considered for the broad variety of fellowship opportunities available to Wharton students with exemplary performance. Students with remarkable professional backgrounds, excellent academic records, and well-rounded personalities are also considered for the Wharton Fellowship Program.
There are financial awards as well that cover two years of enrolment. Wharton graduates reap immense benefits not just from the education they receive from this premier institute but also from the reputation and recognition that comes with the degree.
Let us see what Wharton’s MBA Career Management team has to offer in terms of the job search.
It is certainly not a piece of cake to make it to Wharton. It ranks number one in both finance and real estate, number three in accounting, and number five in international business among business schools. It is evident that Wharton is a premium institute and excels in a number of industries.
The recent acceptance rate for MBA applicants is 19.2%. Though this is higher than Harvard Business School’s acceptance rate (that is 12%), it certainly doesn’t mean that getting into it is less competitive.
The educational backgrounds of accepted MBA applicants are luckily not homogenous; 38% of new students come from an undergraduate in humanities, 34% from business, and 28% from STEM disciplines.
You will need to create an account to start your application process. Submitting your application is just one step completed. Applicants need to prepare for interviews and need to ensure they present all aspects of their personality that are not reflected through their test scores and transcripts.
It always helps to prepare a checklist of the requirements. It ensures smooth and organised completion of tasks. Missing out on a deadline would be the last thing a Wharton MBA applicant would want.
It is imperative to present your career path as clearly as possible. This will hold your application in good stead and will give your application an edge. Last but not the least, be honest. Portray yourself the way you are. False information can easily be deciphered, whereas honesty will take you a long way.
Ques.1 How should one prepare for Wharton MBA interview?
To begin with, one should understand the interview format. Wharton has a Team Based Discussion (TBD) and it is mandatory for all interviewees to participate. This discussion is 35 minutes long and usually has a team of 4-5 applicants. A prompt is given and all the participants are required to suggest an outcome. This is followed by a 10-minute long one-on-one interview. It is always good to appear for mock interviews.
Ques.2 Is there a waiver on application fees?
This is the sole decision of the university and is considered only for those applicants who are likely to experience major financial hardships.
Ques3 How long does it take to get the application result?
After round one, the university puts the expected date of an interview on the website. It is usually within a month. For other rounds, the waiting time is shorter. In the last few years, the application deadline for round one was mid-September, and the decision release date was mid-December.
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