Is it hard to get into the Wharton MBA?

Yes, Wharton MBA is one of the top MBA programs in the world. We analyse the three main MBA programs offered by Wharton and their class profiles and application requirements. Looking at their class composition and the Wharton MBA value addition it is definitely a tough program to get into.

The Wharton MBA offers three MBA programs which we are detailing here:

1. Wharton MBA 2 year MBA program

2. Wharton Moelis Advance Access Program - Deferred MBA

3. Wharton Executive MBA Program

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1. Wharton MBA program

Wharton MBA Application Deadlines:

Round 1 – 6 September 2023

Round 2 – 4 January 2024

Round 3 – 2 April 2024

Wharton MBA Application requirements:

1. Online application form

2. 2 essay questions

3. Academic records

4. 2 letters of reference

5. GMAT or GRE score

6. TOEFL or PTE score (IELTS not accepted)

7. One Page Resume

8. Application fee: $275

Codes for reporting test scores:

1. Wharton MBA TOEFL code: 2926-02

2. Wharton MBA GMAT code: G56-97-73

3. Wharton MBA GRE code: 6802

Wharton MBA Highlights:

1. 18 majors

2. 200+ electives

3. 15+ interdisciplinary degree programs

4. 6 stem majors

5. 15 leadership ventures and workshops

6. 6 executive coaching sessions available to every mba student

7. 128 student clubs

8. 24 student-led conferences

9. Global modular courses

10. Global immersion program

11. Semester in San Francisco

12. Wharton MBA Fees for the first year: $118,568

13. Wharton MBA Fees for the second year: $116,568

14. Wharton MBA Alumni Network: 100,000 alumni in 153 countries

Updates from Wharton School 2023:

1. The 2022 Moskowitz Prize was awarded to Profs. Luke Taylor and Robert Stambaugh for their paper "Dissecting Green Returns," which is now featured on our website.

2. Wharton partnership with Rebuilding Together Philadelphia has enabled more than 90 Wharton MBA and Stuart Weitzman School of Design students to revitalize 11 homes in West Philadelphia, supporting the efforts of this community-led organization.

3. Prof. Zeke Emanuel, a renowned expert in Health Care Management at Wharton, has been awarded the prestigious 2023 Guggenheim Fellowship.

4. Currently, Wharton faculty members Prof. Angela Duckworth and Prof. David Musto are teaching classes such as "Grit Lab 101" and "Essentials of Personal Finance."

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Wharton MBA Class Profile for the Class of 2025 shows how competitive the program is:

1. Applications received for Wharton MBA: 6194

2. Enrolled in the Wharton MBA Class: 874

3. Countries Represented in the Wharton MBA class: 70

4. Women in the Wharton MBA class: 50%

5. LGBTQ+ in the Wharton MBA class: 11%

6. International students in the Wharton MBA class: 31%

7. Average Work Experience represented in the Wharton MBA class: 5 Years

8. Average GMAT - 728

9. Average GRE - 324

10. Average GPA - 3.4

FT MBA Ranking 2022 shows the value that the Wharton MBA governs among the MBA programs worldwide:

1. Rank :1

2. Salary percentage increase: 115

3. FT research rank: 2

4. Rank in 2020: 2

5. Salary today (US$) :238,741

6. Careers service rank: 19

7. Employed at three months (%): 97

8. Female faculty (%): 29

9. Female students (%): 52

10. International course experience rank: 29

11. Environmental, social and governance rank:33

12. Overall Satisfaction : 9.42

13. Weighted salary (US$): 237,530

14. Value for money rank: 87

15. Aims achieved (%): 90

16. Alumni recommend rank: 6

17. Women on board (%): 21

18. International faculty (%): 38

19. International students (%): 51

20. International board (%): 35

21. International mobility rank: 52

22. Faculty with doctorates (%): 100

23. Career progress rank: 21

Wharton MBA Class Profile for the Class of 2024:

1. Applications received for Wharton MBA: 6319

2. Enrolled in the Wharton MBA Class: 877

3. Countries Represented in the Wharton MBA class: 77

4. Women in the Wharton MBA class: 50%

5. LGBTQ+ in the Wharton MBA class: 8%

6. International students in the Wharton MBA class: 35%

7. Average Work Experience represented in the Wharton MBA class: 5 Years

Previous work experience represented in the Wharton MBA Class of 2024 also shows how competitive the application process is:

1. Consulting: 27%

2. Technology: 12%

3. Non profit/Govt.: 11%

4. PE/VC: 9%

5. Other: 9%

6. Investment Banking: 9%

7. Investment Management: 7%

8. Financial Services: 5%

9. Health Care: 5%

10. Energy: 2%

11. CPG: 2%

12. Media/Entertainment: 2%

13. Retail: 1%

Wharton MBA Average Test Scores are of course high making it a coveted program to aim for:

1. Average GMAT Score: 733

2. Average GRE Quant.: 162

3. Average GRE Verbal: 162

4. Average GPA: 3.6

Undergraduate Majors represented in class at Wharton MBA:

1. Humanities: 34%

2. STEM: 34%

3. Business: 32%

Class of 2021 Full-Time Wharton MBA Placements exemplifies how the program adds value in terms of career progress to its graduates:

1. Total Number of Students: 754

2. Students Seeking Employment: 585

3. Job Offers: 579

Wharton MBA Class of 2021 Full-Time - Annually Median Salary ($)

1. All Industries: 155,000

2. Consulting: 165,000

3. Consumer Products: 120,000

4. Financial Services: 150,000

5. Hedge Funds/Other Investments: 150,000

6. Insurance & Diversified Services: 125,000

7. Investment Banking/Brokerage: 150,000

8. Investment Management: 150,000

9. Private Equity/Buyouts/Other: 167,500

10. Venture Capital: 157,500

11. FinTech: 152,500

12. Health Care: 131,000

13. Legal & Professional Services: 190,000

14. Manufacturing: 142,500

15. Media, Entertainment & Sports: 150,000

16. Real Estate: 130,000

17. Retail: 140,000

18. Social Impact: 130,000

19. Technology: 141,000

Wharton MBA Class of 2022 Internships - Monthly Median Salary ($)

1. All Industries: 9,280

2. Consulting: 13,500

3. Consumer Products: 7,400

4. Energy: 6,533

5. Financial Services: 10,746

6. Hedge Funds/Other Investments: 10,205

7. Insurance & Diversified Services: 11,327

8. Investment Banking/Brokerage: 12,500

9. Investment Management: 10,746

10. Private Equity/Buyouts/Other: 10,000

11. Venture Capital: 4,750

12. FinTech: 6,960

13. Health Care: 7,799

14. Manufacturing: 7,000

15. Media, Entertainment & Sports: 8,500

16. Real Estate: 7,015

17. Retail: 6,760

18. Social Impact: 4,333

19. Technology: 8,298

Class of 2021 Full-Time - Annual Median Salary ($)

1. All Functions: 155,000

2. Analytics/Data Science: 147,000

3. Business Development: 130,000

4. Consulting/Strategy: 165,000

5. Corporate Finance (Analysis/Treasury): 140,000

6. Entrepreneurial Management: 155,000

7. General/Project Mgmt/Mgmt Development: 138,000

8. Human Capital: 125,000

9. Investment Banking: 150,000

10. Investment Mgmt/Portfolio Mgmt: 150,000

11. Legal Services: 190,000

12. Operations/Production Mgmt/Supply Chain: 130,000

13. Private Equity/Venture Capital- Investor: 170,000

14. Product/Brand Marketing: 128,000

15. Product Management: 144,000

16. Real Estate: 140,000

17. Restructuring: 160,000

Class of 2022 Internships - Monthly Median Salary ($)

1. All Functions: 9,280

2. Analytics/Data Science: 9,533

3. Business Development: 6,967

4. Consulting/Strategy: 13,000

5. Corporate Finance (Analysis/Treasury): 8,016

6. Entrepreneurial Management: 5,633

7. General/Project Mgmt/Mgmt Development: 8,216

8. Investment Banking: 12,500

9. Investment Mgmt/Portfolio Mgmt: 10,416

10. Operations/Production Mgmt/Supply Chain: 7,250

11. Private Equity/Venture Capital- Investor: 8,000

12. Product/Brand Marketing: 9,028

13. Product Management: 7,616

14. Real Estate: 7,015

15. Research: 7,090

Class of 2021 Wharton MBA Class Statistics:

1. Total Enrolled: 856

2. Male: 458

3. Female: 398

4. U.S. Students of Color: 305

5. International: 257

6. Countries Represented: 63

7. Median Work Experience: 5 Years

Class of 2022 Wharton MBA Class Statistics:

1. Total Enrolled: 916

2. Male: 540

3. Female: 376

4. U.S. Students of Color: 378

5. International: 170

6. Countries Represented: 63

7. Median Work Experience: 5 Years

Employment by Location for the Wharton MBA Class Of 2021 Full-Time program:

United States: 92.40%

1. Northeast: 47.50%

2. West: 25.60%

3. Mid Atlantic :9.90%

4. South: 3.50%

5. Southwest: 3.40%

6. Midwest: 2.50%

International: 7.60%

1. Asia: 4.40%

2. Europe: 1.40%

3. Canada: 1.20%

4. Other: 0.60%

Median Salary ($) by Location

1. United States: $157,000

2. International: $118,100

Thus, there is no doubt that it is a tough program to get into and the applicants must prepare well at all levels to get there.

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2. Wharton Moelis Advance Access Program - Deferred MBA

The Wharton Moelis Advance Access Program for final year or pre-final year applicants.

The Wharton Moelis Advance Access Program Application Deadlines: April 26, 2023

Interview Deadlines: May 25, 2023

Interviews to be conducted between 2 June 2023 -to 14 June 2023

The Wharton Moelis Advance Access Program application requirements:

1. Application fee of $100

2. GMAT or GRE exam - any from test center or online/at-home

3. Updated resume

4. Two letters of reference

5. Two essays – same as 2 year MBA applicants

6. Virtual Team-Based Discussion and personal interview

WHARTON MOELIS FELLOWS COHORT OF 2022 PROFILE

1. Enrolled – 110

2. Countries represented – 57

3. International students 36%

4. Female – 46%

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3. Wharton Executive MBA

Wharton Global MBA Program for Executives application deadlines:

1. Round 1 October 12, 2022

2. Round 2: January 18, 2023

Wharton Executive MBA Program Features:

1. Synchronous and virtual classes every other week.

2. Global cohort members will come together in-person on five or more occasions throughout their 22-month program.

3. GMAT code: G56-97-36 for Philadelphia, G56-97-14 for San Francisco, and G56-97-44 for Global.

4. GRE code: 6802.

5. EA code : G56-97-36 for Philadelphia, G56-97-14 for San Francisco, and G56-97-44 for Global.

6. TOEFL code : 2926.

7. Application fee of $200

8. The Wharton Executive MBA includes 5 residential weeks in the program

FT RANKING of Wharton Executive MBA Program:

1. Rank: 22

2. School Name:University of Pennsylvania: Wharton

3. International faculty (%): 38

4. Work experience rank: 86

5. Women on board (%): 20

6. Salary today (US$): 276,408

7. International course experience rank: 56

8. Overall satisfaction *:9.55

9. Aims achieved (%):79

10. Career progress rank:40

11. Salary increase (%):70

12. Three-year average rank:28

13. Rank in 2021:38

14. Female faculty (%):29

15. International students (%):32

Eligibility and application requirement for Wharton Executive MBA Program:

1. Minimum ten (10) years of full time work experience

2. Online application

3. 2 letters of recommendation

4. 2 essays

5. GMAT or GRE or EA. To submit the EA score work experience must be more than 8 years

Wharton Executive MBA Class Profile:

The first class of the Global cohort option will begin in 2023.

1. 234 total class size (current members of Philadelphia and San Francisco’s cohorts)

2. 156 median ea score

3. 710 median gmat score

4. 37 average age

5. 12 average years work experience

6. Women 33%

7. Countries Represented 36

8. Under 30 5%

9. Over 40 16%

10. Middle 80% EA Range 150-163

11. Middle 80% GMAT Range 680-750

12. Students Holding Advanced Degrees 51%

13. Median Salary and Bonus at Start of Program $220,500

Some Frequently Asked Questions

The FAQ page on the Wharton MBA website provides answers to a variety of questions regarding the application process, program details, and other requirements. By going through the answers provided one the institute website it is possible to get a better idea of the application process. Some of the most common questions that applicants often have include the following:

1. Is the IELTS score accepted by Wharton MBA?

No, the institute does not accept IELTS scores as proof for English proficiency. Only PTE or TOEFL scores are accepted.

2. Is work experience mandatory for enrolling in the Wharton MBA program?

No, the work experience is not mandatory but proof of prior work experience in any field of the industry creates a positive impact on the admissions committee.

3. Are decisions delivered by e-mail for the Wharton MBA?

The Wharton MBA application system sends an e-mail to the applicant whenever a status change occurs in the application. However, the applicant needs to login to their application dashboard to check the application status.

4. When is a Wharton MBA interview scheduled?

The admissions committee selects candidates for interviews based on their application. The interviews are arranged by invitation only and are mandatory for seeking admission into the program.

5. What are Wharton MBA application fee waivers?

The applicant needs to deposit an application fee of $275 for the completion of their application. However, in extreme economic or financial issues, the applicant can consult for an application fee waiver. The waiver is entirely need-based.

Get assistance from MBA admission consultants for your application process.