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Wharton Business School
from: TRFThe Wharton Business School in the University of Pennsylvania in Philadelphia is one of the best and most recognized schools of business in the United States. It is, in fact, the very first American business school to be developed. Wharton is a highly respected academic institution for would-be businessmen and entrepreneurs-in-training. Wharton is also the institution of choice for many beginners in business who want to learn from some of the best instructors in the world.
Wharton Business School began as The Wharton School of Finance and Economy in 1881 and was actually the first school of business in the world. Wharton was founded by Joseph Wharton, a philanthropist and industrialist in Philadelphia. Wharton had built his empire focusing on industrial metallurgy, running both the Bethlehem Steel Corporation and the American Nickel Company. Wharton had dreamed of building a school that would educate and develop students for future jobs as leaders in both business and the government.
As an academic institution, the Wharton School was the very first to publish textbooks in business, the first to establish an entrepreneurship center, the first to create a program for students in international management, the first to establish a Master's program in real estate and healthcare, the first to develop a program for executive development and the first to establish a research center.
The admissions policy at Wharton is one of the toughest and most selective. Applicants will be required to have excellent scores in GMAT, high GPA and a list of credentials usually considered essential for admission. Application requirements to different programs may vary.
The academic programs available in the Wharton Business School include:
Undergraduate Program
The 4-year undergraduate program has a total of 37 courses, all of which allow a student to earn a degree in Bachelor of Science in Economics. The courses include subjects in accounting, finance, informational management and marketing.
MBA Program
The MBA Program at Wharton is one of the most famous in the U.S. and around the world. It is one of the few business programs that allows students to create their own major, individualized according to their desired courses of study and preferences. Students have to complete a core curriculum for their first year and then proceed to complete their master's program according to their goals and interests.
The highest honor in the MBA Program is called the Palmer Scholar, which is conferred to the graduating class' top 5%. Students who complete the first year of their MBA program with the highest cumulative GPA are given the Ford Fellowship.
Doctoral Program
The Doctoral Program at Wharton Business School offers 12 fields of specialization. This program is full-time and awards successful students with a PhD instead of a DBA that other programs offer. The program will require at least 4 years to complete and includes specializations such as Business and Public Policy, Statistics, Real Estate, Insurance and Risk Management, Finance and Ethics and Legal Studies. Students entering the Doctoral Program are funded.
Students and Alumnae
The Wharton Alumni network boasts of over 81,000 members spread across more than 140 countries. To date, there are 82 alumni clubs often participating in the annual reunion, along with Global Alumni Forums. Some of the more famous Wharton Business School graduates include many of the presidents, CEOs and chairmen of the top companies in the world, business and political leaders around the world and academic pioneers.
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