The 2003 MBA Career Report - Wharton MBA Career Management

The 2003 MBA Career Reportcareers

What is the value of aWharton MBA in today’smarket?“Our Wharton full-time hires start with the business and finance tools to contributeimmediately, but more importantly, Wharton graduates have the leadershipand business strategy training to grow into top-level management roles. Instantproductivity and long-term value; that’s what we get from our Wharton hires.”Phil Darivoff, Managing Director, Goldman Sachs & Co., Capital MarketsIN THIS REPORTpageHow to Hire at Wharton 2Offer Sources 2Class of 2003Profile 4Industry & Function Choices 5Compensation 6Location Choices 7Class of 2004Profile 8Industry & Function ChoicesCompensation 9Location Choices 11Top Hirers 12Employers 2003 14CONTACTSWharton MBA Career Management50 McNeil Building3718 Locust WalkPhiladelphia, PA 19104.6209mbarecruiting@wharton.upenn.edu e-mailhttp://mbacareers.wharton.upenn.edu web(Philadelphia) 215.898.4383 phone(San Francisco) 415.267.6316 phoneAdministrationPeter J. DegnanDirectorJennifer SavoieHead of AdministrationC. Lyndon Brown Front Desk/Job BoardDee LinghamBudget/FinanceTiya McIverOn-Campus RecruitingArea of Expertise Associate Director Recruiting Relationship ManagerAlumni Ursula Maul Varies based on industryConsulting Michelle Antonio James BalaguerConsumer Products & Retail Christopher Morris Victoria AbadirEnergy Chris Higgins James BalaguerHealth Care/Pharma/Biotech Elissa Harris Victoria AbadirInsurance Sara Simons Jennifer TarcelliInternational Ursula Maul Varies based on industryInvestment Banking Cynthia Bush Patricia ForcinaInvestment Management Sara Simons Jennifer TarcelliManufacturing Chris Higgins James BalaguerMedia & Entertainment Cara Tyler Jennifer TarcelliPrivate Equity/VC/Hedge Funds Cynthia Bush Patricia ForcinaPublic Interest Michelle Antonio James BalaguerReal Estate Cara Tyler Jennifer TarcelliRetail Banking/Consumer Finance Sara Simons Jennifer TarcelliTravel & Tourism Cara Tyler Jennifer TarcelliTechnology/Telecommunications Chris Higgins James BalaguerWharton West (San Francisco) Jennifer McEIrath Varies based on industry

I am pleased to present the Wharton MBA Career Report for 2003.As expected, the general recruiting environment for this year was challenging. Theoverall weakness in the economy, pending and eventual war with Iraq, and the lingeringeffects of 9/11 have continued to affect the number of opportunities in the job market.Fortunately, our students have embraced this problem in typical Wharton fashion byutilizing newly acquired skills and knowledge to successfully navigate through the jobsearch process.Some relief is in sight. Concerted efforts throughout the entire Wharton communitycontributed to a late-season increase in job opportunities for our students. GraduatingWharton MBAs landed jobs representing 28 different industries in 31 major cities and24 countries. Our summer interns went to work for 30 different industries in 33 majorcities and 35 countries.During the 2002–2003 year, the Wharton Career Management Office addressedchanging student and employer needs by increasing the number of staff with significantbusiness-related work experience, renewing focus on job skills and industry education,and expanding and diversifying our recruiting base through all available channels. Wehave already seen positive results from this effort — on-campus recruiting increased19%, and job postings rose 31% for full-time and 33% for summerinternships. We will continue these efforts to create greater opportunitiesfor our students in the future.These successes within a difficult climate were made possible by thefull support of the School administration, alumni, and faculty. I wouldalso like to extend our appreciation to all employers who recruited atWharton this year and especially to our top hirers. We thank you foryour continuing support and look forward to working with each of youin the years ahead.Peter J. DegnanDirectorMBA Career Management1

Hire Wharton.As you begin to plan your recruiting strategy, please contact your RecruitingRelationship Manager, who can assist in fulfilling your hiring needs. Below are avariety of resources to help your company develop a recruiting strategy and linkto Wharton talent for full-time, summer, and advanced-level positions.More details can be found at in the Employer section of our website athttp://mbacareers.wharton.upenn.edu.Fast, easy, and cost-effective ways to recruit Wharton talent.MBA Job Board — Students and AlumniThe MBA Job Board is a free online job posting resource that allows employers toadvertise open positions to current MBA students and alumni. You will receiveresumes immediately after you post a position.CareerTRAK Resume DropThe CareerTRAK Resume Drop option allows you to remotely post a position tocurrent students. Contact your Recruiting Relationship Manager who will walk youthrough the process.Resume BookThe Wharton MBA Resume Book is a very convenient way to access summerand full-time candidates. Our resume books contain more than 1,600 talentedand qualified MBA candidates representing a diverse mix of backgrounds andexperience. Order on the Employer section of our website and receive a webbasedsearchable resume database.Meet Wharton students without coming to Philadelphia orSan Francisco.Career Trek ProgramThe Wharton Career Treks are a location-specific program in which students attendpre-arranged information sessions hosted by a variety of companies in diverseindustries. As an employer your participation provides convenient marketingexposure and the opportunity to network with talented students who are interestedin learning more about your company and future opportunities.SOURCES OF ACCEPTED OFFERSGraduate EmploymentClass of 2003On-Campus Recruiting Services 54.3%Personal Networking Connection 17.0%Wharton Alumni Contact 5.5%Job Board Posting 4.5%Return to Previous Employer 3.5%Trek Networking Connection 1.2%Executive Search Company 1.0%Other* 7.5%Not Specified 5.7%*Includes offer sources such as: Alma MaterAlumni Contact, Starting Own Business, CareerFair, Career Management Contact and Other.Summer InternshipsClass of 2004On-Campus Recruiting Services 52.2%Personal Networking Connection 18.3%Job Board Posting 7.9%Wharton Alumni Contact 5.7%Trek Networking Connection 1.6%Return to Previous Employer 1.3%Other* 8.8%Not Specified 4.2%*Includes offer sources such as: Alma MaterAlumni Contact, Career Fair, Family Business,MBA Career Management Contact and Other.Video ConferencingInterview students without leaving your company site! The MBA CareerManagement Office has the capability to facilitate video interviewing if you arenot able to make the trip to campus. Please contact your Recruiting RelationshipManager for details.Develop a campus presence.Employer PresentationHosting an employer presentation is an excellent way to create visibility andpresence at Wharton while providing students with a general overview of yourorganization. To schedule an employer presentation, please contact your RecruitingRelationship Manger for available dates and times.On Campus RecruitingMBA Career Management is happy to help your company schedule an on-campusrecruiting visit. This recruiting option allows you to post a position, collect resumes,and select candidates to interview on campus. Please contact your RecruitingRelationship Manager, who will be happy to walk you though the process.INDUSTRY TRENDS — CLASS OF 2003Increase from 2002 to 2003Consulting 3.2%Consumer Products & Retail 2.0%Health Care/Pharma/Biotech 1.8%Private Equity/VC/Buyouts/Other 1.6%Media & Entertainment 1.3%40% of students seeking a full-timeposition received an offer fromtheir summer internship employer.2

Damian Olive, WG’03Majors: Finance and Entrepreneurial ManagementPrevious Education: B.S. in Accounting, UniversidadCatolica ArgentinaWork History: 5 years, most recently as assistantvice president, Bank of America, Buenos AiresPlans After Graduation: Goldman Sachs, New YorkI’ve lived in Argentina almost all my life, and Iknew I wanted an international career. An MBAseemed the best bridge to that life. Wharton gaveme a strong foundation in business skills andprinciples through the core, then through my majorand electives I was able to dig deeply to any discipline.Then I could take all the soft leadershipskills and put it together. Before I got here Ithought that intellect and drive made someone aleader, but at Wharton I learned that integrity,maturity, empathy, and awareness of others arejust as important. I knew Wharton would be amind-opening experience, and it has been.Melissa Tischler, WG’03Majors: Marketing and Strategic ManagementPrevious Education: B.A. in Social Psychology,Brown UniversityWork History: 3 years, most recently as a strategicanalyst with Organic, San FranciscoPlans for After Graduation: Time, Inc., New YorkAfter graduation, I’ll be working at Time Inc.,doing consumer marketing for one of their 50magazines. With titles like People, Sports Illustrated,and Fortune, there are a lot of exciting possibilities.Considering that I came to Wharton with thegoals of working in marketing, in media, and inNew York, I’m pretty satisfied. Wharton’s locationon the East Coast, the media Career Treks to NewYork, the Media and Entertainment Club, and thealumni contacts I got through Wharton’s onlinestudent/alumni network were all valuable parts ofmaking it happen.3

Class of 2003 Profile“Wharton MBA graduates have a solid combination of academic and business experiencethat enables them to dramatically shorten the typical new hire learning curve and makethem highly productive employees from the first day on the job. This is accomplishedthrough world-class academic studies, prior business experience before starting theirWharton MBA, and internships and other projects Wharton students participate inwhile in the program.”Jeff Balagna, Chief Information Officer, Medtronic, Inc.PROFILE 2003 Number PercentStudentsTotal Number of Graduates 726 100Students Seeking Employment 638 88Students Not Seeking Employment 73 10Continuing Education 2

James Warner, WG’03Major: FinancePrevious Education: B.A.in foreign affairs,University of VirginiaWork History: 6 years, mostrecently as founder of softwarecompany in Los AngelesPlans After Graduation: TheBlackstone Group, New YorkAfter graduation, I’ll be withdistressed businesses at TheBlackstone Group. BeforeWharton, I had quite a bitof experience with buyoutsand turnarounds. It’s somethingI’ve always enjoyed,and I plan to make it mycareer specialty. Intellectually,it’s a very complex area.There’s no cookie-cutterapproach. In bankruptcy,there are a lot of disgruntledparties. You need core financeskills, but also effective diplomaticskills. In a sense, youfunction almost as a lawyer.It becomes the ultimatemulti-party negotiation.GRADUATE EMPLOYMENT, CLASS OF 2003Number PercentINDUSTRY CHOICESConsulting 107 20.9Consumer Products & Retail 39 7.6Advertising & Public Relations 3 0.6Consumer Products 14 2.7Food, Beverage & Tobacco 17 3.3Retail 5 1.0Energy 10 2.0Financial Services 206 40.3Hedge Funds/Other Investments 7 1.4Insurance 7 1.4Investment Banking/Brokerage 112 21.9Investment Management 24 4.7Private Equity/VC/Buyouts/Other 23 4.5Retail Banking/Consumer Finance 33 6.4Health Care/Pharma/Biotech 44 8.5Health Products & Services 11 2.1Pharma/Biotech 33 6.4Manufacturing 17 3.4Automotive 3 0.6Chemicals 6 1.2Manufacturing 7 1.4Mining, Materials & Construction 1 0.2Media & Entertainment 15 2.9Hospitality & Tourism/Leisure 3 0.6Media & Entertainment 12 2.3Public Interest 7 1.4Government/Military 4 0.8Public Interest 3 0.6Real Estate 18 3.5Technology/Telecommunications 35 6.8Computer Hardware 2 0.4Computer Software & Services 17 3.3Electronics & Misc. Technology 3 0.6Telecommunications/Wireless 13 2.5Not Specified 13 2.5Other* 1 0.2TOTAL 512 100Number PercentFUNCTION CHOICESConsulting/Strategy 123 24.0Control/Accounting 6 1.2Corporate Finance/Mergers & Acquisitions 111 21.7Entrepreneurial Management 5 1.0General/Project Management 46 9.0Investment/Portfolio Management 55 10.7Product/Brand Marketing 60 11.7Product Development/Structuring 10 2.0Research 11 2.1Sales 13 2.5Trading 10 2.0Not Specified 24 4.7Other** 38 7.5TOTAL 512 100**Other includes legal services, operations/production management,risk management, and other functions under 1%.*Other includes professional services and industries under 1%.12% of full-time positions includeresponsibilities related to socialimpact management.5

Class of 2003 CompensationNumber Percent Range MedianAnnual Salary 473 100 $16,400 - 225,000 $85,000Sign-on Bonus 324 69 1,000 - 63,250 20,000Year-end Bonus 149 32 781 - 40,000 20,000Relocation Expenses 254 54 500 - 20,000 6,285Tuition Reimbursement 31 7 6,000 - 100,000 31,000Other 79 17 1,000 - 200,000 10,000Total Compensation 473 100 20,400 -435,000 115,000COMPENSATION BY INDUSTRYAnnual Salary Range Salary Median Sign-on Sign-on Bonus TotalPercent* Median CompensationConsumer Products and Retail $38,500 - 150,000 $82,000 91 $16,500 $108,000Consumer Products 40,000 - 105,000 85,500 100 19,400 112,429Food, Beverage & Tobacco 38,500 - 100,000 82,000 94 16,500 108,000Consulting 16,400 - 129,000 100,000 81 15,000 120,000Energy 75,000 - 124,100 89,500 90 12,650 112,896Financial Services 30,000 - 200,000 85,000 57 20,000 115,000Hedge Funds/Other Investments 60,000 - 200,000 80,000 - - 95,000Insurance 50,000 - 125,000 77,500 83 30,000 111,225Investment Banking/Brokerage 65,000 - 125,000 85,000 60 20,000 115,000Investment Management 60,000 - 130,000 100,000 52 18,000 130,000Private Equite/VC/Buyouts/Other 60,000 - 150,000 100,000 36 15,000 131,500Retail Banking/Consumer Finance 30,000 - 178,000 80,000 68 15,000 102,500Health Care/Pharma/Biotech 37,000 - 120,000 86,000 77 20,000 110,000Health Products & Services 37,000 - 120,000 90,000 45 20,000 100,000Pharma/Biotech 60,000 - 110,000 85,500 88 20,000 112,725Manufacturing 65,000 - 100,000 85,000 75 10,000 100,000Chemicals 75,000 - 90,000 85,000 80 12,500 100,000Manufacturing 65,000 - 100,000 85,000 71 10,000 100,000Media & Entertainment 50,000 - 100,000 83,500 50 10,000 92,250Public Interest 69,000 - 90,000 70,000 40 6,000 72,000Real Estate 80,000 - 115,000 90,000 58 9,000 103,250Technology/Telecommunications 54,000 - 135,000 88,000 74 20,000 124,950Computer Software & Services 70,000 - 135,000 87,500 82 34,950 127,000Telecommunications/Wireless 54,000 - 95,000 85,000 77 10,000 100,000*Percentage of students who report sign-on bonuses of those who reported salary within a particular industry.In 2003, 59%of all non-U.S. Whartongraduates acceptedpositions withinthe U.S. comparedto 52% theprevious year, a13.5% increase.6

Shawn M. Harvey, WG’03Major: Strategic ManagementPrevious Education: B.S. inElectrical Engineering,Howard UniversityWork History: 3 years asBusiness Consultant,Accenture, New YorkPlans After Graduation:Consulting, AccentureReston, VAI was working as a systemsengineering intern whenI read an article about awoman who was heading theAmoco Foundation at thetime, and I said, “This is it.I want her job!” I realizedthat I needed a groundingin business fundamentalsfirst, which is how I endedup at Wharton.My internship at thePew Charitable Trustsallowed me to combine mypassion for making a differencein the world with mynewfound strategy andconsulting skills. I evaluatedbest practices in grantmakingstrategy development andperformed a gap analysis todetermine Pew’s organizationalcapabilities and needs— this is similar to the workI do as a consultant. At theend of the day, to know thatmy efforts — somewheredown the line — helped getmoney to a community wasincredibly rewarding.COMPENSATION BY FUNCTIONAnnual Salary Range Salary Median Sign-on Bonus Sign-on Bonus TotalPercent* Median CompensationConsulting/Strategy $16,400 - 129,000 $100,000 78 $15,000 $120,000Control/Accounting 50,000 - 90,000 89,000 50 10,000 132,000Corporate Finance/Mergers & Acquisitions 30,000 - 150,000 85,000 69 20,000 110,000General/Project Management/ManagementDevelopment/Rotational Programs 44,000 - 178,000 90,000 69 15,000 110,000Investment/Portfolio Management 55,000 - 200,000 90,000 52 20,000 122,500Product/Brand Marketing 40,000 - 135,000 84,000 82 20,000 111,000Product Development/Structuring 65,000 - 120,000 85,000 60 20,000 107,500Research 79,500 - 85,000 85,000 73 20,000 109,000Sales 65,000 - 86,000 85,000 69 20,000 115,000Trading 80,000 - 85,000 85,000 70 20,000 115,000*Percentage of students who report sign-on bonuses of those who reported salary within a particular function.LOCATION CHOICES AND COMPENSATIONPercent Annual Salary Range Salary Median Sign-on Bonus TotalMedian CompensationUNITED STATES OF AMERICA 79.9 $37,000 - 200,000 $85,000 $18,000 $115,000NORTHEAST 41.4 38,500 - 150,000 85,000 20,000 113,000Boston 3.7 85,000 - 150,000 100,000 17,500 141,250New York City 26.4 38,500 - 140,000 85,000 20,000 114,225MID-ATLANTIC 12.9 37,000 - 124,100 89,500 15,000 105,000Philadelphia 5.5 37,000 - 110,000 85,000 15,000 102,750Washington, D.C. 4.1 69,000 - 124,100 90,000 11,825 118,530WEST 9.4 48,000 - 135,000 85,000 20,000 115,000Los Angeles 2.0 70,000 - 100,000 85,000 23,500 113,000Seattle 1.6 70,000 - 88,000 77,500 35,000 125,350San Francisco 2.1 70,000 - 110,000 100,000 20,000 115,000MIDWEST 7.4 75,000 - 115,000 89,500 17,500 116,000Chicago 2.9 75,000 - 115,000 100,000 15,000 120,000Minneapolis/St. Paul 2.3 83,000 - 100,000 85,000 20,000 111,500SOUTH 4.5 60,000 - 200,000 100,000 10,000 120,000Atlanta 2.3 80,000 - 100,000 100,000 15,000 120,000SOUTHWEST 2.3 80,000 - 150,000 97,500 22,500 140,000Dallas/Fort Worth 1.4 80,000 - 150,000 100,000 12,500 140,000INTERNATIONAL 17.2 16,400 - 225,000 85,000 20,000 113,500ASIA 7.4 16,400 - 150,000 85,000 20,000 110,400Hong Kong 1.6 80,000 - 94,000 85,000 20,000 117,746Japan 1.4 68,000 - 150,000 86,500 20,000 121,428South Korea 2.3 50,000 - 129,000 65,000 20,000 99,000EUROPE 5.9 66,000 - 105,000 85,000 20,000 115,000Western Europe 5.3 66,000 - 105,000 85,000 20,000 116,000United Kingdom 3.7 70,000 - 105,000 85,000 20,000 115,000London, United Kingdom 2.1 80,000 - 105,000 85,000 20,000 115,000LATIN AMERICA 2.9 38,000 - 225,000 70,000 16,000 100,000Brazil 2.1 38,000 - 225,000 54,000 21,000 100,000NOT SPECIFIED 2.9 - - - - -7

Class of 2004 Profile“I am always impressed with the enthusiasm and get-it-done attitude of the Whartonsummer interns. Despite the short-term nature of their assignments, they dive infast, ask probing and insightful questions, and set achievable goals for themselves andthe project. To know I can delegate to a Wharton intern is valuable in our multitasking,fast-moving environment.”Jane Bulman, Senior Director of National Teleservices, Comcast CorporationPROFILES Number PercentStudentsTotal Number 818 100Students Seeking Employment 747 91Students Not Seeking Employment 39 5Continuing Education 3

Derek Robinson, WG’04Major: MarketingPrevious Education: B.S. Econ.,The Wharton School of theUniversity of PennsylvaniaWork History: 7 years, includingmarketing with Coca-Colaand an Internet start-upInternship: Bain & Co.,New YorkI plan to go into consultingwhen I graduate, and I’ll bewell prepared. I already had alot of real-world experiencepacked into a short time, butnow I also have the theoreticalgrounding and managementskills to back it up. The greatthing about having worked onboth sides of the fence is thatI have a good perspective onhow to work with clients —I understand what they needfrom having been a client myself.SUMMER EMPLOYMENT, CLASS OF 2004Number PercentINDUSTRY CHOICESConsulting 115 15.1Consumer Products and Retail 65 8.5Advertising & Public Relations 2 0.3Consumer Products 15 2.0Food, Beverage & Tobacco 30 3.9Retail 18 2.4Energy and Utilities 14 1.8Energy 13 1.7Utilities 1 0.1Financial Services 308 40.5Hedge Funds/Other Investments 21 2.8Insurance 9 1.2Investment Banking/Brokerage 171 22.5Investment Management 42 5.5Private Equity/VC/Buyouts/Other 43 5.7Retail Banking/Consumer Finance 22 2.9Health Care/Pharma/Biotech 61 8.0Health Products & Services 12 1.6Pharma/Biotech 49 6.4Manufacturing 33 4.4Automotive 5 0.7Transportation 7 0.9Chemicals 6 0.8Manufacturing 10 1.3Mining, Materials & Construction 5 0.7Media and Entertainment 23 3.0Hospitality & Tourism/Leisure 2 0.3Media & Entertainment 21 2.8Public Interest 31 4.1Government/Military 12 1.6Public Interest 19 2.5Real Estate 33 4.3Technology/Telecommunications 67 8.8Computer Hardware 5 0.7Computer Software & Services 31 4.1Electronics & Misc. Technology 14 1.8Telecommunications/Wireless 17 2.2Not Specified 7 0.9Other** 4 0.5TOTAL*** 761 100NumberPercentFUNCTION CHOICESConsulting/Strategy 194 25.5Control/Accounting 4 0.5Corporate Finance/Mergers & Acquisitions 154 20.2General/Project Management 41 5.4Investment/Portfolio Management 81 10.6Management Information Systems/IT 4 0.5Operations/Production Management 12 1.6Product Development/Structuring 18 2.4Product/Brand Marketing 94 12.4Research 28 3.7Sales 19 2.5Trading 17 2.2Not Specified 23 3.0Other* 80 10.4TOTAL*** 761 100*Other includes control accounting, entrepreneurial management,human resource management, legal services, managementinformation/IT, risk management, and other functions under 1%.**Other includes professional services and industries under 1%.***Industry and function totals are higher than numbers ofstudents reporting job acceptances because some students hadmore than one summer internship.Class of 2004 Wharton students pursued moreinternships in Real Estate (up 2.7%), ConsumerProducts and Retail (up 2.2%), Consulting(up 1.5%), and Public Interest (up 1.0%).9

Class of 2004 CompensationSUMMARYNumber Percent Range MedianMonthly Salary 655 100 $400 - 10,400 $6,000Sign-on Bonus 41 6 1,000 - 10,000 4,000Summer-end Bonus 15 2 2,000 - 7,000 5,000Other Compensation 68 10 200 - 12,000 1,900Total Compensation 655 100 400 - 24,500 6,900COMPENSATION BY INDUSTRY Monthly Salary Range Salary Sign-on Bonus Sign-on BonusMedian Percent* MedianConsulting $1,000 - 10,000 $8,000 22 $5,000Consumer Goods & Retail 1,000 - 8,400 5,500 0 0Food, Beverage & Tobacco 2,000 - 8,126 5,900 0 0Consumer Products 1,000 - 8,400 4,000 0 0Retail 1,800 - 7,000 4,875 0 0Energy 800 - 8,000 4,500 14 3,000Financial Services 800 - 10,400 6,634 2 1,000Investment Banking/Brokerage 1,000 - 10,000 7,000 3 1,000Insurance 4,000 - 7,000 6,100 0 0Investment Management 800 - 9,316 6,000 3 1,000Hedge Funds/Other Investments 1,000 - 6,717 5,000 0 0Private Equity/VC/Buyouts/Other 1,100 - 10,400 2,450 0 0Retail Banking/Consumer Finance 1,800 - 7,058 5,900 5 4,500Health Care/Pharma/Biotech 2,000 - 8,000 5,800 7 2,000Health Products & Services 2,000 - 7,500 3,750 0 0Pharma/Biotech 3,500 - 8,000 6,000 9 2,000Manufacturing 1,000 - 7,500 5,833 13 2,000Media & Entertainment 1,760 - 7,500 2,750 0 0Public Interest 1,000 - 4,480 2,400 0 0Government/Military 1,700 - 4,480 2,500 0 0Public Interest 1,000 - 4,400 2,000 0 0Real Estate 2,500 - 7,500 4,838** 0 0Technology Industries 400 - 8,000 5,700 5 1,200Electronics & Misc. Technology 1,000 - 6,500 4,545 0 0Computer Software & Services 400 - 7,500 6,000 4 1,000Telecommunications/Wireless 2,400 - 7,000 5,800 7 4,000In 2003, 57%of all non-U.S.Wharton studentsfound summeremploymentwithin the U.S.*Percentage of students who report sign-on bonuses of those who reported salary within a particular industry.**A number of unpaid summer internships produces a median monthly salary of 0. $4,838 is the average (mean) monthly salary.10

Puja Bhargava, WG’04Major: Marketing andStrategic ManagementPrevious Education: B.B.A.in Finance,University of MichiganWork History: 6 years in investmentbanking at JPMorganChase & Co. in New York,Hong Kong, and LondonInternship: Gucci, Florence, ItalyOne of the reasons I wantedan MBA was because I wascontemplating making a careerswitch and specialize in a particulararea. Here at Wharton,you learn fundamentals,techniques, discipline behindtheories, and then you learnhow to apply them to realworld situations. I also likethe way Wharton deliversthe curriculum. I was ableto double major and takehigh-level electives, and inmarketing, we didn’t just takea 30,000 foot view — it wasquantitative too.COMPENSATION BY FUNCTIONMonthly Salary Range Salary Sign-on Bonus Sign-on BonusMedian Percent* MedianConsulting/Strategy $1,000 - 10,000 $7,000 15 $5,000Corporate Finance/Mergers & Acquisitions 800 - 9,300 7,000 5 2,000General/Project Management/ManagementDevelopment/Rotational Program 400 - 8,000 6,000 0Investment Mgmt/Portfolio Management 800 - 8,000 5,375 0Operations/Production Management 1,000 - 6,900 3,333 0Product/Brand Marketing 600 - 7,900 5,500 4 1,100Product Development/Structuring 3,000 - 7,000 5,250 0Research 1,300 - 9,316 6,250 0Sales 1,760 - 7,500 7,080 5 1,000Trading 2,000 - 10,000 7,083 0*Percentage of students who report sign-on bonuses of those who reported salary within a particular function.LOCATION CHOICES AND COMPENSATIONPercent Monthly Salary Range Salary Median Sign-on BonusMedianUNITED STATES OF AMERICA 80.0 $600 - 10,400 $6,000 $3,000NORTHEAST 36.9 1,000 - 10,400 6,667 3,000Boston 3.4 2,125 - 8,500 6,600 10,000New York City 25.5 1,000 - 10,400 7,000 3,000MID-ATLANTIC 20.0 800 - 8,500 4,000 2,500Philadelphia 13.0 800 - 8,000 3,417 3,000Washington, D.C. 3.2 2,000 - 7,500 3,000 5,000WEST 10.0 2,000 - 8,600 6,225 2,000Los Angeles 2.5 2,000 - 8,600 5,000 -Seattle 1.6 3,000 - 7,050 6,250 1,000San Francisco 3.4 2,100 - 8,500 6,400 2,000MIDWEST 5.4 600 - 9,316 6,500 4,500Chicago 2.0 1,900 - 9,316 7,600 5,000Minneapolis/St. Paul 1.4 5,500 - 7,500 6,457 -SOUTH 3.9 2,000 - 8,500 6,000 2,500Atlanta 1.4 5,000 - 8,500 6,000 -SOUTHWEST 2.2 1,100 - 8,500 6,400 5,000INTERNATIONAL 18.1 400 - 10,000 6,875 5,000EUROPE 8.3 800 - 10,000 7,083 7,500Western Europe 8.0 1,000 - 10,000 7,142 7,500United Kingdom 5.4 1,000 - 10,000 7,142 10,000London, United Kingdom 4.6 1,000 - 9,700 7,142 10,000ASIA 7.0 400 - 8,126 5,500 5,000Hong Kong 1.4 6,500 - 8,000 7,085 -Japan 1.8 1,800 - 8,126 5,000 -Tokyo, Japan 1.3 1,800 - 8,126 5,500 -South Korea 1.7 1,000 - 8,000 2,000 5,000LATIN AMERICA 2.2 1,000 - 7,083 4,000 4,000NOT SPECIFIED 1.8 - - - -11

Employers 2003TOP GRADUATE HIRERS, CLASS OF 2003Permanent Accepted OffersMcKinsey & Company 32Bain & Company 24Boston Consulting Group 20Johnson & Johnson 19Deloitte Consulting 18Goldman Sachs & Company 18Merrill Lynch & Co., Inc. 15UBS Investment Bank 15Citigroup 14Lehman Brothers, Inc. 11Medtronic, Inc. 11American Express Company 9Booz Allen Hamilton 8Credit Suisse First Boston Corp. 8Deutsche Bank AG 8J.P. Morgan Chase & Co. Inc. 7Morgan Stanley 6Samsung Group 6Amazon.com, Inc. 5TOP SUMMER HIRERS, CLASS OF 2004Summer Accepted OffersMcKinsey & Company 32Citigroup 22Goldman Sachs & Company 21Bain & Company 18Lehman Brothers Inc. 18Merrill Lynch & Co., Inc. 17J.P. Morgan Chase & Co. Inc. 16Morgan Stanley & Co. Inc. 16Boston Consulting Group 15Johnson & Johnson 14Credit Suisse First Boston Corp. 12GMAC Commercial Mortgage 12Booz Allen Hamilton 11Diageo 9UBS Investment Bank 9Deutsche Bank AG 8Microsoft Corporation 8American Express Company 7Medtronic, Inc. 7Bear, Stearns & Co., Inc. 6Campbell Soup Company 6Deloitte Consulting 6GlaxoSmithKline Corp. 6ALSTOM 5E.I. DuPont de Nemours & Co., Inc. 5U.S. Department of Interior 5Wharton is a global business environment,welcoming students from more than 60countries each year and integrating internationalviewpoints and experiences into thecurriculum. In 2002–2003, Whartonstudents traveled to Europe, Asia, and SouthAmerica on programs, including WhartonInternational Volunteers Program, GlobalConsulting Practicums, and internationalexchanges, including those through theWharton INSEAD Alliance in France andSingapore. And, despite international healthand diplomatic crises, in late spring 2003,25 Wharton MBA students traveled toArgentina and Brazil as part of the School’sGlobal Immersion Program (GIP).INTERNATIONAL IMPACT% of all accepted positionsthat require international responsibilities.2002 2003Full-Time Employment 22 37Summer Employment 17 28CAREER TREKSThis year’s Wharton MBA students hit the road for Career Treks that took them asfar as Hong Kong. First-year MBA students target the regions and companies to visitfor each trek. Diego Gigliani Uriarte, WG’04, who coordinated the London trek,describes a fast-paced schedule that gave insight into local corporations andlifestyle, while giving students an opportunity to demonstrate their interest torecruiters in region. In the third year of the Career Treks, MBA Career Managementpartnered with student clubs to trek to 300 companies in 12 cities on 15 trips inthe U.S. and abroad.12

Z. John Liang, WG’04Major: Real Estate and FinancePrevious Education: Bachelor of Architecture,University of Arkansas; Registered ArchitectWork History: 8 years, most recently asconstruction project manager in Memphis, TNInternship: investment banking real estate equityresearch group, Friedman Billings Ramsey Group,Washington, DCTo be sure, before coming to Wharton, I had hada very rewarding career as an architect. Yet, I wasconstantly searching for a career path that couldfully utilize my creativity as a designer and myquantitative and analytical skills. I was also fascinatedwith the real estate development industry, andoften asked myself: Why can’t I be both the architectand the final decision maker? Why can’t I be thedeveloper, designer and financial expert all in one?I did some serious soul searching and realized Iwanted to try a career in real estate development.Stephanie Mann, WG’04Majors: Health Care and FinancePrevious Education: B.S. in Human Biology,Stanford UniversityWork History: 5 years in management consultingand software start-upsInternship: Citigroup Investment Banking, New YorkI decided to major in health care and financebecause I’m fascinated by the business opportunitiesin health care. Personally, when I started acompany in health care IT, I became aware of thesignificant role that financial decisions make in acompany’s growth prospects. Since the industry isbecoming both more developed and more complex,a lot of growth opportunities arise for health carecompanies based on their merger, acquisition, andfinancing strategies. These opportunities exist at alllevels of a company’s development, from start-upthrough large business strategy.13

Employers 2003The following employers made offers to Whartongraduates and summer interns in 2003. Companieslisted in bold made offers to three or morestudents from the Classes of 2003 and 2004.@dvocacy, Inc.20th Century FoxA.T. Kearney, Inc.Abbott LaboratoriesAbington Memorial HospitalABN AMROAbt AssociatesAdvancePCSAdvisory Board Company, TheAfghan Central BankAIDS Healthcare FoundationAIG Life Companies (U.S.), TheAlcoa, Inc.Alix PartnersAlliance for Environmental Innovation, TheALSTOMAltius AssociatesAltria GroupAmaranth AdvisorsAmazon.com, Inc.AMB Property CorporationAmeradaAmerican Capital Strategies, Ltd.American Century InvestmentsAmerican Express CompanyAmerican General Investment ManagementAmerican International GroupAmerican International Group, Inc.Amersham, plcAmetekAmgen, Inc.Analysis Group/EconomicsAngelo, Gordon & Co.Apax Globis Partners & Co.Apax Partners & Co. Ventures Ltd.Apple Computer, Inc.Applied Materials, Inc.Aquamarine FundARAMARK CorporationArbor Commercial MortgageArdshiel, Inc.Arraya SolutionsArx Investment ManagementAshoka: Innovators for the PublicAsian Development BankAssociated Press, TheAT&T CorporationATC PartnersAtlas VentureAuspex PharmaceuticalsAvalonBay CommunitiesAvaya Inc.Avon Products, Inc.Azuma LeasingBain & CompanyBain CapitalBanco BBA Creditanstalt SABanco de Credito del PeruBank of America14Bank of JapanBank of Tokyo-Mitsubishi, Ltd.Bank One CorporationBarclays CapitalBariston PartnersBASF CorporationBatteries and BandsBCP Securities, LLCBEA Systems, Inc.Bear, Stearns & Co., Inc.Bearing PointBellwether Group, TheBerkeley Capital ManagementBertelsmann, Inc.Beverly Enterprises, Inc.BioMarin PharmaceuticalsBlackbaudBlackstone GroupBNP ParibasBooz Allen HamiltonBose CorporationBoston Consulting GroupBozartBozzuto Group, TheBP Amoco plcBrand Force, Inc.Brandes Investment Partners, LLCBrasil TelecomBristol-Myers Squibb CompanyBrookside Capital Partners, LLCBrown-Forman CorporationBTG International, Inc.Burger King CorporationBuzzBackBV-Cornerstone Ventures, LPC&S Wholesale GrocersC.F. Martin & Co.Cablevision Stystems CorporationCamargo Correa SACamden Partners Holdings, LLCCampbell Soup CompanyCandle Café, Inc.Canon USACap Gemini Ernst & YoungCapital OneCardinal HealthCare CapitalCarlson CapitalCatalina MarketingCatellusCauseway Capital ManagementCaxton Corp.Celera GenomicsCendant CorporationCenter for Financial Research & Analysis, Inc. (CFRA)Center for Medicare and Medicaid ServicesCenterPoint Energy, Inc.Cerner CorporationCFAR (Center for Applied Research)Chartwell Investment PartnersCherokee Investment Partners, LLCChevronTexacoChildren’s Hospital of PhiladelphiaChina International Capital Co.ChironChristie’s International, plcCIBC World MarketsCigna CorporationCIICitadel Investment Group, LLCCitigroupCity of PhiladelphiaCoca-Cola Company, TheCoghill Capital ManagementColden Capital ManagementColgate-Palmolive CompanyColliers L&A Commercial Real EstateComcast CorporationCommerzbank SecuritiesCompass Bancshares, Inc.Concord Foods, Inc.ConfidentialConstellation Power SourceContiGroup Companies, Inc.Cooper-Horowitz, Inc.Cordova VenturesCornerstone Real Estate Advisers, Inc.Corporate Executive Board, TheCouncil VenturesCredit Agricole IndosuezCredit Suisse First Boston Corp.Cross Atlantic Capital PartnersCrown Cork & SealCurtis Financial GroupCustomized Energy SolutionsDaimlerChrysler CorporationDavid Vose ConsultancyDavidson Capital ManagementDavidson Kempner PartnersDelaware InvestmentsDell Computer CorporationDeloitte ConsultingDenver Children’s HospitalDerby Capital ManagementDeutsche Bank AGDeutsche Post AGDewey Properties, Inc.DiageoDiam InternationalDiamondCluster InternationalDIC EntertainmentDiscovery Communications, Inc.Dolphin Communications Partners, LPDoubleClick Inc.Dresdner Kleinwort WassersteinDTE Energy CompanyDuke Energy CorporationDun & Bradstreet Corporation, TheDuPont Protein TechnologiesE. & J. Gallo WineryE.I. DuPont de Nemours & Co., Inc.E.M. Warburg PincusEastern AdvisorsEastman Kodak CompanyEaston AssociateseBayEisai, Inc.Electronic ArtsEli Lilly and CompanyEmerging Markets Partnership

Emerging Sovereign Group, LLCEndeavor Initiative, Inc.Endicott Financial Advisors, LLCEnterprise Center Capital Corporation, TheEquity Office Properties TrustErnst & Young, LLPESPNEstee Lauder Companies Inc.Eureka Growth CapitalEurohypo AGE-Volve FoundationExcelleRxExelon CorporationExxonMobil CorporationFannie MaeFederal Reserve Bank of New YorkFidelity Investments CompanyFidelity Management & Research CompanyFidelity VenturesFinancial Technology Partners, LLCFINANCO, Inc.Firebird Management, LLCFirst Union SecuritiesFlarion Technologies, Inc.Fleishman-HillardFocus Features (Universal Pictures)Force Capital ManagementFord Motor CompanyForest City Ratner CompaniesForestal Terranova SAFortune Brands, Inc.Fossiker FundFoxconn Electronics, Inc.Franklin Templeton GroupFresh, Inc.Friedman, Billings, Ramsey & Co., Inc.Frito Lay, Inc.Future Pipe GroupGabelli Asset Management, Inc.Gap International, Inc.GenentechGeneral Electric CompanyGeneral MillsGeneral Motors CorporationGenslerGeorge Washington University Aviation InstituteGeorge Weiss AssociatesGeoStrategy Consulting, LLCGFN Financial, Inc.Gillette CompanyGlaxoSmithKline Corp.Gleacher & Co., LLCGlenhill Capital, LPGlobal AffiliatesGlobalView Software, Inc.Globis, Inc.GMAC Commercial MortgageGMAC Mortgage CorporationGOIS European, Ltd.Goldman Sachs & CompanyGood Technology, Inc.Goodyear Tire & Rubber CompanyGP InvestimentosGraco Children’s Products, Inc.Graham Partners, Inc.Greenhill & CompanyGrupo Automotivo do Brasil SAGrupo UnoGSI Commerce Solutions, Inc.Guardsmark, Inc.Gucci Group N.V.Guidant CorporationHarbinger Venture Management Co., Ltd.Harding Group, TheHarrah’s Entertainment, Inc.Harris Williams & Co.Harvard UniversityHawkshaw Capital Management, LLCHCL Technologies, Ltd.Headwaters, Inc.Henry Schein Inc.Hewlett-Packard CompanyHIG CapitalHispanic Information TelecommunicationsNetwork, Inc.Honeywell, Inc.HouseValues, Inc.Hovnanian Enterprises, Inc.Humana, Inc.IconICOS CorporationIdeal Ventures Management, LLCImClone SystemsImportcard FinancialIMS Health IncorporatedInflection CapitalInfosys Technologies Ltd.InnaPhase CorporationInspired Broadcast NetworksIntel CorporationIntelsatInter-American Development BankInternational Business MachinesCorporationInternational Finance CorporationIntrawest CorporationInvestecIrwin Financial CorporationIspat International N.V.J.E. Robert CompaniesJ.P. Morgan Chase & Co. Inc.Jack in the Box, Inc.Janssen’s Fine FoodsJanus Capital Group Inc.JBG CompaniesJefferson Health SystemJohn W. Bristol & Co., Inc.Johns Hopkins UniversityJohnson & JohnsonK12Kaiser Foundation Health Plan, Inc.Karsch Capital ManagementKeefe, Bruyette & Woods, Inc.Khronos, LLCKraft Foods, Inc.Kreditanatalt fur WiederaufbauKrilacon Group, LLCKroll Zolfo Cooper, Inc.L.E.K. ConsultingLazard, LLCLearning Matters, Inc.Leeds Weld Co., Ltd.Legg Mason Inc.Lehman Brothers, Inc.Lenfest Enterprises, LLCLevel TravelLevi Strauss & Co.LG Electronics, Inc.Liberty Mutual Insurance CompanyLiberty Property TrustLight Green Advisors, Inc.Limited Brands, Inc.Linens ‘n Things, Inc.Linguagen Corp.Linneman AssociatesLiz Claiborne, Inc.LLR Equity Partners Inc.Loews CorporationLone Star FundLoomis, Sayles & Co., LPL’Oreal USA, Inc.Los Alamos National LaboratoryLubert Adler Belgravia Associates, LPLucent Technologies, Inc.M&T Bank CorporationMacromedia, Inc.Management InsightManor Care, Inc.Mantra CapitalMarsh, Inc.Massachusetts Financial Services CompanyMattel, Inc.MBA Enterprise CorpsMcCarter & English, LLPMcGraw-Hill Companies, Inc., TheMcKinsey & CompanyMedco Health SolutionsMedical Broadcasting Company, LLCMedImmuneMedtronic, Inc.Memorial Sloan-Kettering Cancer CenterMercedes-Benz USA, LLCMercer Management Consulting, Inc.Merck & Co., Inc.Merrill Lynch & Co., Inc.Metro Development CompanyMicrosoft CorporationMilestone Advisors, LLCMillennium Pharmaceuticals, Inc.Miller Buckfire Lewis & Co., LLCMinistry of Land, Infrastructure & Transport, JapanMisung Industrial Development Co., Ltd.MITRE CorporationMitsubishi CorporationMobil Producing Nigeria UnlimitedModern Africa Fund Managers, LLCMonitor Group Company Group, LPMoore Capital ManagementMorgan StanleyMotorola, Inc.Munn, Bernhard & Associates, Inc.Murex InvestmentsMyers & Co.National Bank of KuwaitNational City BankNational Economic Research Associates, Inc. (NERA)National Trust for Historic PreservationNCH Advisors, Inc.15j11

Neon Capital Management, LLCNestle USA, Inc.Network for Instructional TV, Inc.New Vantage GroupNew York City — Office of the MayorNew York Life Insurance CompanyNew York Times Company, TheNew York Presbyterian HospitalNext Jump, Inc.Nightwatch CapitalNike, Inc.NIkko Salomon Smith BarneyNissayNJTC Venture FundNovartis AGnPlatformNTT DoCoMo, Inc.Oaktree Capital Management, LLCOlympus Real Estate CorporationOmnicom Group, Inc.Orbimed Advisors, LLCOverseas Private Investment CorporationP.E. Valve CompanyPA Early StagePacific Investment Management Company, LLCPalladium Equity Partners, LLCPanasonic Digital Concept CenterParagon Ranch, Inc.Parallax Capital ManagementParamount Capital Investments, LLCPayQuikPeak StrategyPeebles Atlantic Development Corp.PeraconPermalPfizer, Inc.Pharmastar, LLCPhiladelphia Museum of ArtPhoenix Management GoupPinto Technology VenturesPitcairn PropertiesPlantronics, Inc.PNC Bank CorporationPolestar Capital PartnersPopular, Inc.Port of TechnologyPPG Industries, Inc.PricewaterhouseCoopersPrince Streeet Capital ManagementPrism CapitalProcter & Gamble CompanyProgressive CorporationProLogisProvidence Health SystemProxima Technology, Inc.Prudential Financial, Inc.Public Service Enterprise Group IncorporatedPutnam InvestmentsQuaker BioVenturesQuinStreetRain Bird CorporationRandom House, Inc.Raymond James Financial, Inc.RCG Longview, LPReactive NanoTechnologiesRealNetworks, Inc.16Recoton CorporationRecycline, Inc.Redstone Investment Management, LPReinvestment FundRelated Capital CompanyRitchie Capital ManagementRocker PartnersRohm and HaasRothschildRouse Company, TheSafeco Financial Products, Inc.Samsung GroupSan FernandoSanford C. Bernstein & Co., LLCSanta Cruz Networks, Inc.SANYO Electric Co., Ltd.Saw Mill Capital, LLCSchering-Plough CorporationSchieffelin & Somerset Co.Schlumberger, Ltd.Schroder Ventures Life SciencesScrippsSEI Investments CompanySentientSG Cowen Securities CorporationShell Oil CompanyShinsei BankShorebank Advisory ServicesShumway Capital PartnersSiebel Systems, Inc.Siemens Dematic AGSimmons & Company InternationalSmall Enterprise Assistance FundsSmith Bucklin Associates, Inc.Softbank Ventures KoreaSorenson Capital, LLCSOS Liquid Waste Haulers Ltd. Co.Spencer Stuart Management ConsultantsSPI PharmaSprint CorporationSR One/GSKStandard & Poor’s CorporationStarwood Capital, LLCStriker PartnersSugartown Worldwide, Inc.Summit PartnersSun Microsystems, Inc.SuperValu, Inc.Symphony Technology GroupT. Rowe Price Group, Inc.Talbot Hughes McKillop, LLPTechnology, Patents & Licensing, Inc.Telecommunications Management Group, Inc.Telemar Norte Leste SATeleStrat ConsultingTenet Health System Di, Inc.Terminal ParkTexas Pacific GroupTH Lee Putnam VenturesThe Home Depot, Inc.The Lefrak OrganizationThe Parthenon Group, Inc.The Thomson CorporationThe Valley HospitalTiffany & Co.Tiger Management, LLCTilson Capital Partners, LLCTime Warner, Inc.Tishman Speyer Properties, LPToll Brothers, Inc.Total SATrainer Wortham & Company, Inc.Trammell Crow CompanyTransportation & Transit Associates, LLCTrellus Management Co., LLCTroy CorporationTudor Investment CorporationTyson Foods, Inc.U.S. Bancorp Piper Jaffray, Inc.U.S. Department of InteriorU.S. Department of the TreasuryU.S. Federal GovernmentU.S. NavyUbi Soft Entertainment SAUBS Financial ServicesUBS Investment BankU.K. Social Investment ForumUlysses Financial, Ltd.UMass Memorial Medical CenterUniao de Bancos Brasileiros (Unibanco)Unibanco Asset ManagementUnilever, PLCUnitedHealth Group, Inc.Universal Studios, Inc.University of PennsylvaniaUnivision Communications, Inc.US Airways Group, Inc.UTI CorporationV.J. Shah & Co., Inc.Value Partners Management ConsultingVanguard Group, TheVioly, Byorum & Partners, LLCVirgin Mobile USA, LLCVista RealtyVisual SciencesVivendi Universal EntertainmentVulcan, Inc.Walter Scott & PartnersWasserman MediaWater Street CapitalWellington Management Company, LLPWells Fargo Services & CompanyWharton Entrepreneurial ProgramsWharton Small Business Development CenterWhite & Case, LLPWinter PropertiesWireless GenerationWorld BankWyeth PharmaceuticalsXerox CorporationYahoo!Yasuda Mutual Life Insurance Company, Ltd.Young & Rubicam, Inc.Zais Group, LLCZanett, Inc.Ziff Brothers InvestmentsZon Capital PartnersZoro TechnologiesZS Associates

The Wharton School adheres tothe statistical standards set by theMBA Career Services Council (CSC).Salary statistics include all salariesgiven by graduates and interns.International salaries are notexcluded and reported in U.S.dollars calculated (by students) onthe basis of prevailing exchangerates.All figures in this report are roundedto the nearest decimal; not allcharts will total 100%.In accordance with CSC standards,MBA Career Management is unableto release compensation forcategories that represent less than1% of the total.The University of Pennsylvaniavalues diversity and seeks talented students,faculty and staff from diversebackgrounds. The University ofPennsylvania does not discriminate onthe basis of race, sex, sexual orientation,religion, color, national or ethnic origin,age, disability, or status as a VietnamEra Veteran or disabled veteran in theadministration of educational policies,programs, or activities; admissions policies;scholarship and loan awards; athletic,or other University administeredprograms or employment. Questions orcomplaints regarding this policy shouldbe directed to Executive Director, Officeof Affirmative Action, 1133 BlockleyHall, Philadelphia, PA 19104.6021or 215.898.6993 (voice) or215.898.7803 (TDD).

The Wharton School is one of thepremier schools of management inthe world and is widely regarded asa leader in preparing students tosucceed in a globally competitivebusiness environment. Whartonoffers undergraduate, master’s,and doctoral degrees, as well asexecutive education programs.WHARTON FACTS• First business school (1881)• 18 MBA majors, 200+ electives• Cohort learning model• New state-of-the-art building,Jon M. Huntsman Hall• San Francisco campus, Wharton West• Global Immersion Program (GIP)• Global alliance with INSEAD• 13 student exchange programs• More than 100 student-run clubs• 250+ standing and associated faculty• 18 research centers and initiatives• 76,500 alumni worldwide:6 continents137 countries3,350 in Asia2,900 in Europe1,200 in Caribbean & Latin America82 alumni clubsmbacareers.wharton.upenn.eduMBA Career ManagementGraduate DivisionThe Wharton SchoolUniversity of Pennsylvania50 McNeil Building3718 Locust WalkPhiladelphia, PA 19104.6209215.898.4383 phone215.898.4449 faxmbarecruiting@wharton.upenn.edu e-mailmbacareers.wharton.upenn.edu web