Admissions FAQ
Q1: What can I do when I visit campus? A1: You can attend MBA classes, have lunch with a current student, attend an information session hosted by a member of the Admissions Committee, and attend the MBA pub (only available on Thursdays). Some of these activities are not available from May through September when students are not in session. For more information, explore the student-2-student discussion boards or go to the events page.
Q2: Where should I stay when I visit campus? A2: Please review our list of hotels.
Q3: I would like to hear from your current students. A3: To hear from our current students, go to the student-2-student discussion boards, where you'll find the unedited opinions and comments from Wharton students. Also, check out our student diaries, which record the every-day experience of life at Wharton.
Q4: How can I contact Wharton Alumni in my area? A4: Although our alumni have occasionally been overwhelmed by requests to meet one-on-one, they are eager to discuss the benefits of a Wharton education with prospective students at the scheduled receptions and forums in which we participate throughout the World. For a list of these events, please check the Recruiting Events page. Alumni also conduct more than one-third of all our interviewees. In addition to the forums and receptions, we invite candidates to visit campus, sit in on classes, and speak with current students. A campus visit remains one of the best ways to get to know the program and what we have to offer.
Q5: When will the new materials and application be available, and how can I request these materials? A5: The materials are typically available in August for admission in the following year.
Q6: When should I apply? A6: Wharton offers three rounds of admissions. To determine which is the best round for you, please visit the Quick Facts and Due Dates page.
Q7: What are the minimum requirements to apply to Wharton? A7: The minimum requirements to be eligible to apply for admission to the MBA program are as follows:
- Completion of an undergraduate program in an accredited U.S. college or its equivalent in another country.
- Results of the Graduate Management Admissions Test (GMAT)
- Completion of the Wharton application
- If your native language is not English, you must take the Test of English as a Foreign Language (TOEFL). You may waive the TOEFL if you have earned an undergraduate or master's degree in an English-speaking country or from an institution in which English is the language of instruction. To waive the TOEFL, you must include a letter requesting the waiver in your application AND documentation that your education was in English.
- For more information on the application process, go to the How to Apply page.
Q8: I already have an MBA. Can I apply to Wharton? A8: Yes you can apply. We do not exclude candidates who have an MBA or any other graduate degree. You should, however, fully explain your reasons for pursuing a second MBA in your application.
Q9: I earned an undergraduate degree that only took 3 years. Am I eligible to apply to Wharton? A9: There are a number of universities around the world that offer 3-year undergraduate programs. If you have received a Bachelor's degree upon completion of such an undergraduate program, you are eligible to apply for our MBA program.
Q10: How many applications do you receive for a given class? A10: We generally receive 5,500 to 7,500 applications in a given year. Of these, we generally admit about 1,000 candidates and enroll approximately 780 incoming students. It is fair to state that approximately 70 percent of all applicants are qualified for admission.
Q11: How do you assess candidates for the Wharton MBA? A11: Wharton's application review process is extensive and thorough. For details, please go to Evaluation Process.
Q12: How much work experience do most accepted students have? Is there a particular type of work experience Wharton looks for? A12: The average student has worked for 5 or 6 years between college and the MBA program. The Admissions Committee looks for individuals who exhibit professional maturity. In other words, we evaluate work experience not in terms of years but the depth and breadth of an individual's position, his or her contributions to the work environment, and level of responsibility and progression. Wharton looks for diversity in the professional backgrounds of its admitted students just as it does in all other parts of our applicants' profiles. No one industry is favored over another, and experience in a Fortune 500 company does not have higher value than experience in a small business or public institution.
Q13: Does graduate education count as work experience? A13: While we recognize the value of graduate academic work, we do not count academic work towards professional work experience.
Q14: I am still in undergraduate student. What I can do to increase my chances for admission? A14: For Wharton's program, we generally request that candidates have at least 1 year of professional work experience; the average number of years of work experience for this year's incoming class was 5 years. In terms of course work, the stronger your quantitative background, the better prepared you will be to take finance, statistics, accounting, economics, and other quantitative courses offered in our curriculum. Calculus is a good foundation for this. We frequently accept students without this type of background, but we do like to see some indication of a capacity to handle these types of topics (e.g., strong quantitative GMAT scores, strong performance in previous courses of this type). We are also interested in your history of involvement at the undergraduate level and beyond. We advise students to apply in the Fall prior to the academic year in which they want to enroll in the program. We do not offer deferred admissions for those applying while still in an undergraduate program.
Q15: Is an applicant at a disadvantage without previous course work in business? A15: No. Many students at Wharton have not had business courses prior to entering the program. Generally, 40 percent of our class is made up of people with liberal arts backgrounds. Math Camp and Pre-term (1 week and 3 weeks, respectively) offer incoming students an opportunity to "brush up" on their quantitative skills before classes begin. Candidates are also encouraged to complete introductory courses in calculus and statistics prior to entrance, since much of the course work requires quantitative skills. Please go to Nontraditional Students for more information.
Q16: What is the average GPA? A16: For students entering Wharton in September 2004, the average GPA is 3.5; however, as with the GMAT, there are no cutoffs. In evaluating transcripts, the Admissions Committee does not focus on the GPA in isolation. The entire academic history is examined to reveal the rigor of the program, any trends of strength or weakness in specific areas, and any patterns of improvement. In addition, we factor into our evaluation any additional commitments (such as work or extracurricular activities) an applicant had while studying. We will also look at all classes taken since undergraduate, including additional graduate work.
Q17: GMAT Questions A17: The Graduate Management Admissions Test (GMAT) is offered year round as a computer adaptive test. You should plan to register for the test at least 1 month before you plan to take it. You need to have completed the GMAT test before we can process your application. GMAT scores are valid for 5 years after the test date. You should include a photocopy of your official GMAT report. If we are unable to locate your official score sent by ETS, we will confirm your score with ETS by telephone. Our average GMAT score for recent entering classes is approximately 700, but the range of scores of admitted students is very broad. A high score does not guarantee anyone's acceptance, nor does a low score preclude it. There is no minimum score required. If you take the GMAT more than once, the Admissions Committee will evaluate your highest score. We do not average multiple GMAT scores. For more information, go to How To Apply.
Q18: What is the average TOEFL? Do you keep scores submitted a year earlier? A18: For international students entering Wharton in 2004, the average TOEFL score is 279. We keep TOEFL scores submitted within the previous 2 years, or as long as they are valid (2 years from the test date.) Please submit a photocopy of your TOEFL report with your application. If we cannot locate your official report, we will verify it with ETS. For more information, go to How To Apply.
Q19: Can I waive the TOEFL? A19: International students may waive the TOEFL exam if they have earned an undergraduate or master's degree in an English-speaking country or from an institution in which English is the language of instruction. Other international students, with extensive work experience in an English-speaking environment, can include a waiver request with the application. The admissions committee will review this request before granting a waiver.
Q20: Do I need an interview, and how can I arrange an interview? A20: We interview by invitation only. After we review the completed application, Wharton selects candidates for interviews. No candidate will be admitted without an interview.
Q21: What if I want to send information about my application before or after I submit the application? A21: If you submit material before you submit the actual application, we will start a correspondence file for you. Once we receive the application, we will transfer the materials in the correspondence file to your application file. If we receive additional information after you have submitted your application, then you must make sure we are aware that you have already applied. We prefer you do not submit additional material after you submit your application. Once the review of an application has begun, we cannot guarantee that any additional materials sent by an applicant will be considered.
Q22: May I request an application fee waiver? A22: Yes. To request an application fee waiver, you need to submit a letter with your application detailing why you should be considered for the waiver. This waiver is only granted under extreme circumstances related to financial need.
Q23: Can I get my decision over the Web, e-mail, telephone, or via fax? A23: All applicants will receive their decision letter over the Web, regardless of how they applied (Wharton's online system, or via paper). We do not give decisions over the telephone or via e-mail or fax. If admitted, you will receive additional information, along with a copy of your admissions letter, via regular mail.
Q24: How long does it typically take for an applicant to receive an admissions decision after he/she has submitted his/her application? A24: The three round deadlines will be: MBA Program
|
Application Deadline |
|
Decision Release Date |
---|
Round 1 |
October 14, 2004 |
|
December 23, 2004 |
Round 2 |
January 6, 2005 |
|
March 24, 2005 |
Round 3 |
March 3, 2005 |
|
May 19, 2005 |
MBA/MA — Lauder Program
|
Application Deadline |
|
Decision Release Date |
---|
Round 1 |
October 14, 2004 |
|
December 23, 2004 |
Round 2 |
January 6, 2005 |
|
March 24, 2005 |
Q25: What is the application procedure for Wharton's dual-degree programs? A25: Applications for dual-degree programs must be filed separately with Wharton and the co-sponsoring school. Often the co-sponsoring school has earlier deadlines and different procedures than Wharton. Applicants to dual-degree programs should make sure to follow the individual school's instructions carefully. For a full list of dual degree programs, visit Dual- and Joint-Degrees.
Prospective students interested in these dual-degree programs should request Wharton School information and should contact the co-sponsoring school directly for their admissions information. Note: The Lauder Institute's MBA/MA program is an integrated curriculum, so please submit applications to Wharton and Lauder simultaneously.
Q26: Are transfer credits accepted? A26: Wharton does not accept transfer credits but does encourage students to waive required core courses, either by furnishing the required academic or professional credentials or passing Wharton's waiver examinations. Waiving courses gives you the opportunity to take more electives.
Q27: Can I reapply to the MBA Program? A27: You can reapply to the MBA program, but not during the same academic year. For more information, visit Reapplication Procedures.
Q28: Does Wharton allow candidates to defer after they are admitted to the program? A28: We allow admitted candidates to defer enrollment by 1 year for extenuating personal circumstances beyond the student's control. Send all defer requests in writing to the Director of Admissions after you are matriculated into the program.
Q29: What is the cost of the MBA Program, and is financial aid available? A29: Tuition and living expenses for first-year students in the academic year of 2004-2005 is $66,785. Tuition and fee information (along with information about f inancial aid and scholarships) can be found on our Financial Aid page.
Q30: Does Wharton offer loans to international students? A30: We now have a loan program called the Wharton Loan. The Wharton Loan is available to all domestic and international students. Neither a credit check nor a co-signer is required.
Q31: What is the median compensation for graduating MBA students? A31: The median total compensation package for graduates of the class of 2003 was $115,000 . The median base salary was $85,000. Other compensation included sign-on bonus, year-end bonus, tuition reimbursement, relocation expenses, mortgage assistance, automobiles, stock options, etc. For more detailed information, please see the MBA Career Management Website.
Q32: Does Wharton offer a 1-year, a part-time, an evening, or a distance-learning MBA? A32: Other than the Wharton MBA for Executives program, the Wharton MBA is a 2-year, full-time program with most courses taught during the day (Monday-Thursday). Other (non-MBA) programs that may interest you include Wharton Executive Education and Wharton Programs for Working Professionals.
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