What's the benefit of a Wharton MBA? - The Wharton School of the ...
What's the benefit of a Wharton MBA? - The Wharton School of the ...
What's the benefit of a Wharton MBA? - The Wharton School of the ...
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(business and beyond)<br />
<strong>benefit</strong>:<br />
<strong>benefit</strong> risk | invest yield | lead collaborate | trial error<br />
What’s <strong>the</strong> <strong>benefit</strong><br />
<strong>of</strong> a <strong>Wharton</strong> <strong>MBA</strong>?
(EXPECT MORE, DO MORE.)
Expect more from a <strong>Wharton</strong> <strong>MBA</strong> —<br />
breadth and depth through a rigorous general<br />
management foundation plus expert knowledge<br />
in one or more <strong>of</strong> 18 business majors.<br />
Expect more from yourself, and do more<br />
with your career. At <strong>Wharton</strong> you will<br />
develop lifelong connections and leadership<br />
skills to engage <strong>the</strong> world — transforming<br />
your career in ways that extend far beyond<br />
return on investment.<br />
Find out if <strong>Wharton</strong> is right for you:<br />
http://mba.wharton.upenn.edu/
invest,<br />
“My biggest surprise after<br />
two years at <strong>Wharton</strong><br />
was how well I fit here<br />
— how you’re allowed to<br />
be whoever you are. <strong>The</strong><br />
culture does not force<br />
you to fit a preconceived<br />
notion <strong>of</strong> a leader or a<br />
business person. It<br />
encourages you to be <strong>the</strong><br />
best version <strong>of</strong> yourself.”<br />
yield.
Damian Olive, WG’03<br />
Hometown: Buenos Aires, Argentina<br />
Education: B.S. in accounting,<br />
Universidad Católica Argentina<br />
Work History: 5 yrs., most recently<br />
as assistant vice president,<br />
Bank <strong>of</strong> America, Buenos Aires<br />
Majors: Finance and Entrepreneurial<br />
Management
<strong>Wharton</strong> Innovates<br />
Catalog? Forget it. Join <strong>Wharton</strong>’s online community and —<br />
• participate in online discussions<br />
• read <strong>MBA</strong> diaries <strong>of</strong> current students and recent alumni<br />
• explore student pr<strong>of</strong>iles<br />
• watch video essays
http://mba.wharton.upenn.edu/<br />
Go online …<br />
• dialogue with peers<br />
• meet students, faculty, and alumni<br />
• learn our perspective<br />
• investigate our program<br />
• discover Philadelphia<br />
• submit your application
Community<br />
value<br />
Integrity<br />
Curiosity<br />
Innovation<br />
Flexibility<br />
Diversity<br />
Challenge<br />
(business and beyond)
<strong>MBA</strong> Program Overview<br />
Innovative Learning<br />
° First business school (1881)<br />
° 19 research centers<br />
° 250+ faculty<br />
° 18 majors, 200+ electives<br />
° Cohort learning model<br />
° State-<strong>of</strong>-<strong>the</strong>-art building,<br />
Jon M. Huntsman Hall<br />
° San Francisco campus, <strong>Wharton</strong> West<br />
° Global Immersion Program (GIP)<br />
° Global alliance with INSEAD<br />
° 13 student exchange programs<br />
° <strong>Wharton</strong> Research Data Services (WRDS)<br />
° Knowledge@<strong>Wharton</strong><br />
Community<br />
° Nearly 100 Student Clubs—<br />
° 42 pr<strong>of</strong>essional (includes conferences)<br />
° 16 athletic<br />
° 23 international and cultural affairs<br />
° 11 community service<br />
° 16 social<br />
° <strong>Wharton</strong> Leadership Lectures<br />
° <strong>School</strong> Governance Opportunities—<br />
° Dean’s Graduate Student Advisory<br />
Committee<br />
° Academic Services Board<br />
° Ethics Committee<br />
° Career Management Office Advisory<br />
Board<br />
° Admissions Committee<br />
° <strong>Wharton</strong> Graduate Student<br />
Association (WGA)<br />
Leadership<br />
° Learning Team Retreat<br />
° Leadership Ventures—<br />
° Military venture at Quantico<br />
° Ecuador expedition<br />
° Peacekeeping mission at Ft. Dix<br />
° Historic Gettysburg battlefield<br />
° Antarctica<br />
° Leadership Development Club<br />
° Leadership Fellows Program<br />
° Ethics and Responsibility Training<br />
° Communications Program<br />
Careers<br />
° 175 employer information sessions<br />
° 250 on-campus company recruiters<br />
° One-on-one career counseling<br />
° 26 career treks in U.S., Europe, Asia,<br />
and Latin America<br />
° Resume collection and distribution<br />
° Mock interviews and resume review<br />
° Summer internships<br />
° 80,000+ alumni worldwide—<br />
° 6 continents<br />
° 139 countries<br />
° 3,285 in Asia<br />
° 3,133 in Europe<br />
° 991 in Caribbean and Latin America<br />
° 82 alumni clubs<br />
° Global alumni forums<br />
° Online alumni network
Class Pr<strong>of</strong>ile 2006 *<br />
Total Applicants 5,625<br />
Total Admitted Applicants 1,230<br />
Projected Enrollment 810<br />
Male 67 %<br />
Female 33 %<br />
U.S. Citizens 59 %<br />
U.S. Permanent Residents 7 %<br />
International Students 34 %<br />
Minority Students <strong>of</strong> U.S. Origin 27 %<br />
African American 4 %<br />
American Indian or Alaskan Native < 1 %<br />
Asian American 15 %<br />
Hispanic American 4 %<br />
Multiethnic 2 %<br />
Pacific Islander American < 1 %<br />
O<strong>the</strong>r 1 %<br />
Average Age 28<br />
Age Range 21 – 41<br />
Average GMAT 718<br />
GMAT Range (middle 80%) 670 – 760<br />
Average GPA 3.5<br />
GPA Range (middle 80%) 3.1 – 3.9<br />
Average TOEFL 640/279<br />
Countries Represented 58<br />
Married Students, Students with Partners 17 %<br />
Students with Children 2 %<br />
* Data accurate as <strong>of</strong> July 1, 2004<br />
<strong>The</strong> University <strong>of</strong> Pennsylvania values<br />
diversity and seeks talented students,<br />
faculty and staff from diverse backgrounds.<br />
<strong>The</strong> University does not<br />
discriminate on <strong>the</strong> basis <strong>of</strong> race, color,<br />
sex, sexual orientation, religion, national<br />
or ethnic origin, age, disability, or status<br />
as a disabled or Vietnam-era veteran in<br />
<strong>the</strong> administration <strong>of</strong> its educational<br />
policies, programs, or activities, admissions<br />
policies and procedures, scholarship<br />
and loan programs, employment,<br />
recreational, athletic, or o<strong>the</strong>r Universityadministered<br />
programs. Questions or<br />
concerns regarding <strong>the</strong> University’s<br />
equal opportunity and affirmative action<br />
programs and activities or accommodations<br />
for people with disabilities should<br />
be directed to <strong>the</strong> Executive Director,<br />
Office <strong>of</strong> Affirmative Action and Equal<br />
Opportunity Programs, Suite 227, 3600<br />
Chestnut Street, Philadelphia, PA<br />
19104.6106 or 215.898.6993 (voice) or<br />
215.898.7803 (TDD). Specific questions<br />
concerning <strong>the</strong> accommodation<br />
<strong>of</strong> students with disabilities should be<br />
directed to <strong>the</strong> Office <strong>of</strong> Student<br />
Disabilities Services located at <strong>the</strong><br />
Learning Resources Center, 3820 Locust<br />
Walk, Harnwell College House, Suite 110,<br />
215.573.9235 (voice) or 215.746.6320 (TDD).<br />
<strong>The</strong> University <strong>of</strong> Pennsylvania must<br />
reserve <strong>the</strong> right to make changes affecting<br />
policies, fees, curricula, or any o<strong>the</strong>r<br />
matters announced in this publication.<br />
<strong>The</strong> Federal Crime Awareness and<br />
Campus Security Act requires all institutions<br />
<strong>of</strong> higher education to provide<br />
information on <strong>the</strong>ir security policies and<br />
procedures and specific statistics for<br />
criminal incidents and arrests on campus<br />
to students and employees, and to make<br />
<strong>the</strong> information and statistics available<br />
to prospective students and employees<br />
upon request. <strong>The</strong> Pennsylvania College<br />
and University Security Information Act<br />
requires Penn to provide information<br />
about its security policies and procedures<br />
to students, employees and applicants;<br />
to provide crime statistics to students<br />
and employees, and to make those<br />
statistics available to applicants and<br />
prospective employees upon request.<br />
This information about Penn is available<br />
by calling <strong>the</strong> Division <strong>of</strong> Public Safety<br />
at 215.898.7297.
(challenge <strong>the</strong> expected)
Anne Fazioli, WG’05<br />
Hometown: Chicago, IL<br />
Education: B.S. in business administration,<br />
University <strong>of</strong> Arizona<br />
Work History: 4 yrs., most recently as small<br />
business development and women’s development<br />
specialist, Peace Corps, Panama<br />
Majors: Individualized — International<br />
Business Development (<strong>Wharton</strong>),<br />
Latin American Studies/Emerging Markets<br />
(SAIS dual degree)<br />
“When I first got here, most people<br />
didn’t know what to make <strong>of</strong> <strong>the</strong><br />
fact that I had been in <strong>the</strong> Peace<br />
Corps. <strong>The</strong>n I started getting<br />
involved in clubs, and I met people<br />
who shared my interests. Now I’ve<br />
gotten to be a kind <strong>of</strong> champion<br />
for <strong>the</strong> public interest, and I’ve been<br />
able to push past <strong>the</strong> stereotypes<br />
that surround business school.”
“What people say is true: <strong>the</strong><br />
curriculum is quite<br />
rigorous.<br />
But it’s worth it. <strong>Wharton</strong> <strong>of</strong>fers <strong>the</strong> rare<br />
opportunity among <strong>MBA</strong> programs to pursue<br />
specialized electives — topics like speculative<br />
markets that many business schools don’t cover<br />
— and to explore <strong>the</strong>m with world experts.”<br />
Evangeline Yap, WG’03
Favorite Classes (2003 student survey)<br />
Advanced Corporate Finance<br />
Advanced Real Estate Investment and Analysis<br />
Competitive Strategy<br />
Cost Accounting<br />
Decision Models and Uncertainty<br />
Entrepreneurship and Venture Initiation<br />
Ethics and Responsibility<br />
Fixed Income Securities<br />
Foundations <strong>of</strong> Leadership and Teamwork<br />
Geopolitics<br />
Global Strategic Management<br />
Governmental and Legal Environment<br />
<strong>of</strong> Business<br />
Health Care Field Application Project<br />
Information: Industry Structure and<br />
Competitive Strategy<br />
Innovation, Change & Entrepreneurship<br />
International Development Strategy<br />
Macroeconomic Analysis and Public Policy<br />
Management Communications<br />
Marketing Management: Program Design<br />
Marketing Management: Strategy<br />
Negotiation and Dispute Resolution<br />
Operations Management: Supply Chain<br />
Management<br />
Pricing Policy<br />
Private Equity in Emerging Markets<br />
Privatization: International Perspective<br />
Probability Modeling in Marketing<br />
Real Estate Independent Study<br />
Speculative Markets<br />
Urban Real Estate Economics<br />
Venture Capital and Private Equity Finance<br />
flexible.
Penn and Philadelphia<br />
Favorite Philadelphia<br />
Restaurants<br />
Alma de Cuba, Audrey<br />
Claire, Azafran, Bards,<br />
Bistro La Baia, Bleu,<br />
Bluezette, Buddakan,<br />
Café Spice, Continental,<br />
Dimitri’s, Django, Fork, K-town Barbecue,<br />
La Viola, Le Bec Fin, Mama Palma’s,<br />
Marrakesh, Monk’s, Morimoto, Pattaya Grill,<br />
Penang, Pho 75, Pod, Rouge, Shiroi Hana, Silk<br />
City, Striped Bass, 20 Manning, White Dog,<br />
Zanzibar Blue, Zocalo (2003 student survey)<br />
Favorite Philadelphia Places<br />
Philadelphia Museum <strong>of</strong> Art, Fairmount Park,<br />
Wissahickon Park, Kimmel Center, Boathouse<br />
Row, Delaware waterfront, Rittenhouse<br />
Square Park (2003 student survey)<br />
Favorite Stress Relievers<br />
“Two mornings a week I ride my bike to <strong>the</strong><br />
boathouse at 5:45 a.m. to serve as coxswain<br />
on an o<strong>the</strong>rwise all-male boat on <strong>the</strong> crew<br />
team. I never knew getting eight guys to<br />
row toge<strong>the</strong>r would be so challenging!”<br />
— Tamara Paton, WG’04<br />
“<strong>The</strong> way I deal with<br />
stress is to run. I did <strong>the</strong><br />
Philadelphia Marathon,<br />
which starts at <strong>the</strong><br />
Philadelphia Museum <strong>of</strong><br />
Art, takes you down to<br />
Old City, up Chestnut<br />
Street through West Philly, past <strong>the</strong> zoo,<br />
out toward Manayunk, <strong>the</strong>n back to <strong>the</strong><br />
museum. I trained for it by running through<br />
Fairmount Park. It’s a fantastic place to get<br />
away from it all.” — James Warner, WG’03<br />
Favorite Extracurricular Activities<br />
Asia Club, Europa, Guide Mentors, Improv<br />
Club, Investment Management Club,<br />
Marketing Club, Media & Entertainment<br />
Club, Out 4 Business, Say Yes to Education,<br />
Technology Club, <strong>Wharton</strong> African American<br />
<strong>MBA</strong> Association, <strong>Wharton</strong> Follies, <strong>Wharton</strong><br />
International Volunteers, <strong>Wharton</strong> Wildmen<br />
Hockey, <strong>Wharton</strong> Women in Business, Wine<br />
Club (2003 student survey)<br />
Favorite Things About Penn<br />
“<strong>The</strong>re’s no doubt that <strong>Wharton</strong> is <strong>the</strong> focal part<br />
<strong>of</strong> your life here, but it’s part <strong>of</strong> <strong>the</strong> University <strong>of</strong><br />
Pennsylvania community, which <strong>of</strong>fers so many<br />
o<strong>the</strong>r resources. For example, I’ve always had an<br />
interest in archaeology. <strong>The</strong> Museum <strong>of</strong> <strong>the</strong><br />
University <strong>of</strong> Pennsylvania is <strong>the</strong> most important<br />
archaeological museum in <strong>the</strong> Americas, and I<br />
was able to organize tours for o<strong>the</strong>r <strong>Wharton</strong><br />
students.” — Neil Gupta, WG’04<br />
“At <strong>Wharton</strong>, we recognize<br />
tradition and history as<br />
an important part <strong>of</strong> <strong>the</strong><br />
University; just as Penn is<br />
a big part <strong>of</strong> Philadelphia<br />
history, Philadelphia is a<br />
huge part <strong>of</strong> U.S. history.”<br />
— Brian Wong, WG’03<br />
Favorite Living Opportunity<br />
“A large majority <strong>of</strong> <strong>the</strong> class<br />
comes from outside <strong>of</strong><br />
Philadelphia, so we build our<br />
city in relation to each o<strong>the</strong>r.<br />
It’s hard for me to judge<br />
Philly objectively. I love <strong>the</strong><br />
place so much because for<br />
me, Philadelphia means <strong>Wharton</strong>, and <strong>Wharton</strong><br />
means friends.” — Damian Olive, WG’03<br />
“When I came to <strong>Wharton</strong>, I made a conscious<br />
decision not to live in a high-rise. Philadelphia is<br />
one <strong>of</strong> <strong>the</strong> oldest big cities in <strong>the</strong> country, and I<br />
wanted to appreciate its architecture on a daily<br />
basis. I live in a Center City walk-up with high<br />
ceilings and hardwood floors. It has <strong>the</strong> pros and<br />
cons <strong>of</strong> an old place, but it has an incredible<br />
amount <strong>of</strong> charm. It really reflects Philadelphia’s<br />
personality.” — Stephanie Mann, WG’04
go online<br />
(http://mba.wharton.upenn.edu/)
team (work)<br />
trial: error<br />
“In some learning teams, people<br />
divided <strong>the</strong> work based on<br />
what were everybody’s<br />
strengths, which is an efficient<br />
tactic. However, on our team<br />
we also broke down into<br />
smaller groups. Someone who<br />
wanted to learn more about<br />
a particular task paired up with<br />
a teammate who was more<br />
knowledgeable in that area.”<br />
Russell Workman, WG’05<br />
“Each learning team<br />
has a personality. Ours<br />
was very comfortable,<br />
honest and upfront<br />
about individual<br />
expectations. We<br />
were all willing to<br />
pick up <strong>the</strong> ball when<br />
necessary and pass it<br />
when required.”<br />
Gerson Guzman, WG’05
“Everyone contributed<br />
different strengths and we<br />
settled down into patterns<br />
<strong>of</strong> teamwork, <strong>the</strong> kind <strong>of</strong><br />
skills required for crossfunctional<br />
leadership<br />
within a company. As an<br />
international student<br />
with a nontraditional<br />
pr<strong>of</strong>essional background,<br />
I learned <strong>the</strong> common<br />
vocabulary through my<br />
team and developed deeper<br />
friendships with my learning<br />
team members.”<br />
Shaowei Ying, WG’05<br />
“I like that you don’t get to choose your team. It<br />
makes <strong>the</strong> experience more realistic. In <strong>the</strong> workplace<br />
you’re <strong>of</strong>ten thrown in with people you<br />
don’t know very well. One <strong>of</strong> <strong>the</strong> lessons I learned<br />
is that diversity is critical to good outcomes, but<br />
you have to make sure everyone is speaking up.”<br />
Garren Bird, WG’05<br />
lead: collaborate<br />
“I make mistakes all<br />
<strong>the</strong> time. <strong>The</strong> best<br />
part <strong>of</strong> this experience<br />
is that when you do,<br />
<strong>the</strong>re are four or five<br />
o<strong>the</strong>r people to help<br />
you pick up <strong>the</strong> pieces<br />
and move forward.”<br />
Jamee Leffler, WG’05
(anticipate transformation)
“<strong>The</strong>re was something remarkable<br />
about my first year at<br />
<strong>Wharton</strong>. I found my confidence<br />
in my abilities growing.<br />
Suddenly, I was entertaining<br />
ideas that never would have<br />
entered my head a year ago. My<br />
imagination expanded overnight.<br />
I don’t know exactly where or<br />
when it happened — in class,<br />
outside <strong>of</strong> class, in clubs, in <strong>the</strong><br />
learning team — but <strong>Wharton</strong><br />
has changed <strong>the</strong> size <strong>of</strong> my<br />
thoughts and <strong>the</strong> manner <strong>of</strong> my<br />
thinking.”<br />
Emeka Orjih, WG’04<br />
Hometown: Enugu, Nigeria<br />
Education: B.S. in biochemistry,<br />
University <strong>of</strong> Nigeria<br />
Work History: 8 yrs., most<br />
recently as CEO <strong>of</strong> Max Ltd.,<br />
Nigeria<br />
Major: Strategic Management
“<strong>The</strong> warmth and openness <strong>of</strong> <strong>the</strong><br />
students is something that has<br />
surprised me about <strong>Wharton</strong>. I<br />
always knew that <strong>Wharton</strong> was<br />
diverse, but I didn’t know how<br />
willing students would be to open<br />
up and help each o<strong>the</strong>r pr<strong>of</strong>essionally<br />
and personally. We’re here to<br />
teach each o<strong>the</strong>r as well as learn.”<br />
Priscilla Cham, WG’04
explore <strong>the</strong> <strong>Wharton</strong><br />
community and discover if it’s <strong>the</strong><br />
right place for you:<br />
• attend an admissions event<br />
• visit <strong>the</strong> <strong>Wharton</strong> campus<br />
• go online<br />
http://mba.wharton.upenn.edu/
Office <strong>of</strong> <strong>MBA</strong> Admissions<br />
and Financial Aid<br />
<strong>The</strong> <strong>Wharton</strong> <strong>School</strong><br />
University <strong>of</strong> Pennsylvania<br />
420 Jon M. Huntsman Hall<br />
3730 Walnut Street<br />
Philadelphia, PA 19104.6340<br />
215.898.6183 phone<br />
215.898.0120 fax<br />
mba.admissions@wharton.upenn.edu<br />
http://mba.wharton.upenn.edu/<br />
<strong>Wharton</strong> <strong>MBA</strong> Program 2005