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The Wharton School (/ ˈ hw ɔːr t ən / WHOR-tən) is the business school of the University of Pennsylvania, a private Ivy League research university in Philadelphia. Established in 1881 through a donation from Joseph Wharton, a co-founder of Bethlehem Steel, the Wharton School is the world's oldest collegiate business school. [3]
In 1881, American entrepreneur and industrialist Joseph Wharton established the world’s first collegiate school of business at the University of Pennsylvania — a radical idea that revolutionized both business practice and higher education.
- What Is The Wharton School?
- Admission and Programs at The Wharton School
- The Wharton School's Reputation and Standing
- Costs to Attend Wharton
- The Bottom Line
The Wharton School of the University of Pennsylvania—often referred to simply as Wharton—is one of the most prestigious business schools in the world. Wharton's Master of Business Administration (MBA)program placed first in front of the University of Chicago Booth School of Business in a 2023 global survey of the best business finance schools by U....
As is understandable given its prized Ivy League brand value, the admissions process at Wharton is highly competitive. For example, its MBA Class of 2024 received over 6,300 applications, and only 877 were enrolled. On average, the accepted applicants boasted an average GMAT score of 733 and an average undergraduate GPAof 3.6 on a 4.0 scale. Althou...
Wharton claims the largest alumni network of any business school in the United States, with a total membership of nearly 100,000 strong. Historically, Wharton’s reputation has been especially strong with regard to finance. The school produces a steady stream of top candidates for Wall Streetfirms and other finance-related institutions. However, wit...
Wharton is one of the more expensive business schools in the U.S. Total expenses (including room and board, books, supplies, and tuition) for its two-year MBA program are $246,952 for the 2023-2024 school year. First year costs include: 1. Tuition and Fees (with a $2,000 Pre-Term Fee): $87,370 2. Room and Board: $26,028 3. Books, Supplies, Misc.: $...
The Wharton School of Business was founded in the U.S. in 1881 as the country's first business school. Since then, it has become the premier business finance school in the world, attracting students globally and extending its presence into other countries. Correction—Sept. 19, 2023: This article previously misidentified the University of Pennsylvan...
- Jason Fernando
Established as the first collegiate business school in 1881, Wharton played a crucial role in transforming the study of business from a trade to a rigorous and respected profession. Here are a few of the milestones we celebrated along the way.
The Wharton Way is our philosophical North Star, guiding how Wharton drives greater influence and collective progress in the world. It boldly declares our intention to focus our expertise on issues of critical importance to our students, our faculty, and our society at large.
The world’s first collegiate business school, Wharton continues to be a leader in business education. With our unmatched range of programs and faculty expertise, Wharton will give you the tools and knowledge you will need to make an impact on the world around you.
Founded in 1881 as the first collegiate business school, the Wharton School of the University of Pennsylvania is recognized globally for intellectual leadership and ongoing innovation across every major discipline of business education.
