page_title: Wharton School of the University of Pennsylvania
section_title: MBA program
hierarchical_section_title: Wharton School of the University of Pennsylvania / Graduate programs / MBA program
caption_attribution_description: English: College Hall, University of Pennsylvania
context_page_description: The Wharton School of the University of Pennsylvania is the business school of the University of Pennsylvania, a private Ivy League university in Philadelphia. Established in 1881 through a donation from Joseph Wharton, the Wharton School is the world's oldest collegiate school of business.
  The Wharton School awards Bachelor of Science in Economics degrees at the undergraduate level and Master of Business Administration degrees at the postgraduate level, both of which require the selection of a major. Wharton also offers a doctoral program and houses, or co-sponsors, several diploma programs either alone or in conjunction with the other schools at the university.
  Wharton's MBA program is ranked No. 1 in the United States according to Forbes and No. 1 in the United States according to the 2020 U.S. News & World Report ranking. Meanwhile, Wharton's MBA for Executives and undergraduate programs are ranked No. 3 and No. 1 in the United States respectively by U.S. News. MBA graduates of Wharton earn an average $159,815 first year base pay not including bonuses, the highest of all the leading schools.
context_section_description: The school offers two paths, an MBA for full-time students and an MBA for executives. Students can elect to pursue double majors or individualized majors. During their first year, all students pursue a required core curriculum that covers traditional management disciplines—finance, marketing, statistics, and strategy—as well as the leadership, ethics, and communication skills needed at senior levels of management. Students pick electives in the second year.
  Wharton MBA students may pursue a dual degree with the Lauder Institute, Johns Hopkins University's Paul H. Nitze School of Advanced International Studies (SAIS), the John F. Kennedy School of Government at Harvard University, or with one of the graduate schools at the University of Pennsylvania.
  MBA students from the Class of 2016 earn an average first-year salary and guaranteed compensation of $145,400. The MBA program annually receives around 7000 applications for the 850 places in the class.
  Wharton co-sponsored the Executive Master's in Technology Management Program (EMTM) with the University of Pennsylvania School of Engineering and Applied Science. Graduates received a master of science in engineering (MSE) in the management of technology from the School of Engineering and Applied Science. The EMTM Program ended in August 2014.
  Wharton is also part of the Wharton-INSEAD Alliance. MBA students from each program can spend one period of study at the partner school, allowing Wharton students access to the INSEAD campuses in both Fontainebleau and Singapore.
caption: Cohen Hall, formerly named Logan Hall, served as the previous home of the Wharton School
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