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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

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