The University of Pennsylvania is one of the oldest universities in the US. It was established in the year 1760 as the College of Pennsylvania by Benjamin Franklin, one of the founding fathers of the country. In this article, we will discuss the University of Pennsylvania MBA programme, its fees, eligibility requirements, and acceptance rate. So let us dive in.
The University of Pennsylvania
The university comprises four undergraduate schools and 12 graduate and professional schools. One of the schools under the umbrella of the University of Penn is the Wharton Business School ( or simply known as Wharton), which is considered to be one of the best business schools in the world.
Categorised as a Large university with high research output, the University of Pennsylvania is ranked 13th on the QS world University Rankings. In this article, we will focus on the MBA programme offered by Wharton.
Studying MBA at the University of Pennsylvania – Wharton
Securing admission at the Wharton Business School is no walk in the park. In fact, the University of Pennsylvania acceptance rate is about 9%. Serving as a testament to its standards, the school has some of the biggest names in its alumni network graduating with MBA degrees. Anil Ambani and Aditya Mittal are some of Wharton Business School’s most notable alumni.
The MBA programme taught at Wharton is delivered in two formats: a full-time MBA and an Executive MBA, with the option to graduate with double majors or single specializations. While the first year of the programme focuses on core business functions such as finance, marketing and strategy, the second year deals with electives that students can choose based on their interests.
The duration of the programme is 20 months, and the University of Pennsylvania MBA fees in Indian rupees amount to around INR. 61 lakhs, along with an additional INR. 19.22 Lakhs for accommodation and insurance fees in the first year. If you are curious to know about the University of Pennsylvania MBA online then there are none offered by the business school currently. However, you would be pleased to learn that Wharton Online, an online division of the business school, offers several courses related to financial modelling and business analytics on Coursera that could help you learn essential business skills.
MBA Requirements at the University of Pennsylvania
Here is a detailed table that will help you understand the University of Pennsylvania MBA requirements:
|Education||Bachelor degree equivalent to an American four-year degree|
|GMAT||No specific cut-off but a 720+ is a good score|
|Language Scores||IELTS or TOEFL scores|
|Letters of Recommendations||Two LORs that highlight your personal characteristics and cite examples.|
|Essay Questions||Students must answer the two essay questions posted by the business school|
|Work Experience||Full-time work experience. No of years is unspecified.|
So, here it is. We have provided you with all the necessary information that you need to know about the Wharton School of University of Pennsylvania MBA programme, its fees, requirements, and curriculum structure.
It is important to note that while the requirements to apply to the university appear to be straightforward, only exceptional and unique candidates make it through the admissions committee’s stringent filtration process. Hence, begin planning your MBA journey at Wharton in advance while you are in college itself or even if you have recently passed out so that you have sufficient time to formulate a clear statement of purpose and meet the expectations of the university.
All the best!