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Top 10 Business Schools

  1. Harvard Business School
  2. Stanford Graduate School of Business
  3. The Wharton School
  4. Kellogg School of Management
  5. Sloan School of Management
  6. Booth School of Business
  7. Tuck School of Business
  8. Haas School of Business
  9. Columbia Business School
  10. Stern School of Business

Distance Learning MBA

  1. Capella University
  2. DeVry University Online
  3. Northeastern University
  4. Regis University
  5. Salem International University
  6. University of Phoenix
  7. Walden University
 

University of Pennsylvania Wharton School


In many ways, the Wharton School Graduate Division at the University of Pennsylvania is the Lexus of business programs. It's big, it's expensive, its name impresses people, and it offers many, many options. With across-the-board departmental strength, several top-flight nontraditional business disciplines, and the university resources to support a hand-crafted curriculum, a Wharton MBA can be tailored to suit the needs of just about any business students.
Wharton built its reputation as a premier finance program, and finance continues to hold a prominent place hear, so much so that students complain: "The reputation in finance is so strong that people forget that Wharton is also very good at marketing and operations." Accounting, general management, and business law are also reportedly strong, as are health care, real estate, and non-profit. Several students single out entrepreneurial studies; wrote one, "The Entrepreneurial Center is fantastic, a real standout. Wharton's greatest strength, though, is its excellence in so many departments." Global perspectives are emphasized throughout the program by an international student body, international courses, two international joint-degree programs, and a global immersion program in China, the ASEAN countries, and Latin America.

First year at Wharton flies by due to a quarterly Academic calendar (second year reverts to the more traditional semester system). The schedule, while intense, allows students to cover a great deal of material in a relatively short period, a necessity given that the curriculum here is "very thorough." First-year students are divided into five-member teams to tackle foundation projects during the first two quarters and a Field Application Project during the second half of the year. Notes one students, "The first year is very demanding and stressful. As a result, life becomes less enjoyable for a while. Second year, fortunately, is more relaxed." Another points out that "Teamwork is key. If you have a team that works well together, your life is about 1,000 times easier." All second-year students must complete at least one major in one of more than two dozen fields; students may also design their own majors. In a change from previous surveys, students give professors high praise for teaching ability, reporting that "professors take teaching very seriously,' although several warm that "you've got to watch out for the new hires." Writes one students, "The professors rock! When I was ill last term, my profs offered me extra help, on their own time, to help me catch up." Students are similarly pleased with the administration, describing it as "very receptive to student concerns."

Ranking: University of Pennsylvania (Wharton)

Top Business Schools  
Score 93
Peer assessment score (5.0 highest) 4.8
Acceptance rate (full-time) 16.3%
Recruiter assessment score (5.0 highest) 4.3
Average starting salary and bonus (full-time) $136,676
Average undergraduate GPA (full-time) 3.50
Average GMAT score (full-time) 714
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Graduates employed at graduation (full-time) 84.6%
Graduates employed three months after graduation (full-time) 89.1%
Total graduate business enrollment (full-time) 1,611

University of Pennsylvania Wharton School

Tuition and Financial Aid: University of Pennsylvania (Wharton)

Financial Aid Contact Information  
Financial aid director N/A
Financial aid phone (215) 898-6183
Financial Aid Availability  
Is college-funded aid (fellowships, assistantships, grants, or scholarships) available? Yes
Fellowships available 120
Teaching assistantships available N/A
Research assistantships available N/A
Are international students eligible for college-funded aid? Yes
2008-2009 Expenses  
Tuition Full-time: $44,480 per year
Required fees $8,550 per year
Room and board, books, and miscellaneous expenses $26,970
Average indebtedness of 2008 graduating class $98,668

MBA Career and Salary Statistics: University of Pennsylvania (Wharton)

School has submitted its most recent career data in accordance with the MBA Career Services Council Standards for Reporting MBA Employment Statistics and has granted permission to the Graduate Management Admission Council to send an independent third party to review for accuracy and compliance.

Class of 2008  
Total full-time graduates 811
Total full-time graduates known to be seeking employment 708
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Graduates employed at graduation (full-time) 84.6%
Graduates employed three months after graduation (full-time) 89.1%
Total Base Salary  
Total reporting base salary 605
Low base salary $30,000
Average base salary $112,186
High base salary $300,000
Base Salary: U.S. Citizens  
Low base salary: U.S. citizens $30,000
Average base salary: U.S. citizens $112,789
High base salary: U.S citizen $300,000
Base Salary: Foreign Nationals  
Low base salary: Foreign nationals $35,000
Average base salary: Foreign nationals $111,354
High base salary: Foreign nationals $250,000
Total Signing Bonus  
Total reporting signing bonus 517
Low signing bonus $3,000
Average signing bonus $28,659
High signing bonus $100,000
Signing Bonus: U.S. Citizens  
Low signing bonus: U.S. citizens $3,000
Average signing bonus: U.S. citizens $27,077
High signing bonus: U.S. citizens $100,000
Signing Bonus: Foreign Nationals  
Low signing bonus: Foreign nationals $5,000
Average signing bonus: Foreign nationals $30,846
High signing bonus: Foreign nationals $100,000
Total Other Compensation  
Total reporting other compensation 276
Low other compensation $2,000
Average other compensation $44,787
High other compensation $450,000
Other Compensation: U.S. Citizens  
Low other compensation: U.S. citizens $5,000
Average other compensation: U.S. citizens $50,787
High other compensation: U.S. citizens $450,000
Other Compensation: Foreign Nationals  
Low other compensation: Foreign nationals $2,000
Average other compensation: Foreign nationals $36,001
High other compensation: Foreign nationals $225,000
Base Salary by Occupation  
Numbers for employment by occupation are based on those graduates who reported base salary information by three months after graduation.
Number reporting marketing / sales jobs 41
marketing / sales low salary $70,000
marketing / sales average salary N/A
marketing / sales high salary $140,000
Number reporting Operations / production jobs 4
Operations / production low salary N/A
Operations / production average salary N/A
Operations / production high salary N/A
Number reporting general management jobs 34
General management low salary $82,500
General management average salary $109,603
General management high salary $150,000
Number reporting finance / accounting jobs 274
Finance low salary $35,000
Finance average salary N/A
Finance high salary $300,000
Number reporting management information systems jobs 1
Management information systems (MIS) low salary N/A
Management information systems (MIS) average salary N/A
Management information systems (MIS) high salary N/A
Number reporting consulting jobs 173
Consulting low salary $80,000
Consulting average salary $121,321
Consulting high salary $170,000
Number reporting human resources jobs 0
Human resources low salary N/A
Human resources average salary N/A
Human resources high salary N/A
Number reporting having jobs in other areas 78
Other occupations low salary $30,000
Other occupations average salary N/A
Other occupations high salary $210,000
Base Salary by Industry  
Numbers for employment by industry are based on those graduates who reported base salary information by three months after graduation.
Number reporting manufacturing industry jobs 11
Manufacturing industry low salary $80,000
Manufacturing industry average salary $108,636
Manufacturing industry high salary $150,000
Number reporting service industry jobs N/A
Service industry low salary N/A
Service industry average salary N/A
Service industry high salary N/A
Number reporting non-profit jobs 7
Non-profit low salary $30,000
Non-profit average salary $75,857
Non-profit high salary $90,000
Number reporting government jobs 0
Government low salary N/A
Government average salary N/A
Government high salary N/A
Base Salary by Geographic Region  
Numbers for employment by location are based on those graduates who reported base salary information by three months after graduation.
Number reporting jobs in the Northeast (CT, MA, ME NH, NJ, NY, RI, VT) 247
Northeast low salary $75,000
Northeast average salary $109,183
Northeast high salary $200,000
Number reporting jobs in the Middle Atlantic (DC, DE, MD, PA, VA, WV) 51
Middle Atlantic low salary $84,000
Middle Atlantic average salary $113,183
Middle Atlantic high salary $150,000
Number reporting jobs in the South (AL, AR, FL, GA, KY, LA, MS, NC, SC, TN) 16
South low salary $30,000
South average salary $105,000
South high salary $130,000
Number reporting jobs in the Midwest (IA, IL, IN, KS, MI, MN, MO, ND, NE, OH, SD, WI) 36
Midwest low salary $90,000
Midwest average salary $115,667
Midwest high salary $300,000
Number reporting jobs in the Southwest (AZ, CO, NM, OK, TX) 13
Southwest low salary $90,000
Southwest average salary $115,000
Southwest high salary $170,000
Number reporting jobs in the West (AK, CA, HI, ID,MT, NV, OR, UT, WA, WY) 86
West low salary $44,200
West average salary $115,515
West high salary $170,000
Number reporting jobs located internationally 147
International low salary $35,000
International average salary $114,832
International high salary $250,000


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