Wharton School - University of Pennsylvania WCW Question: Who reads the applications once they arrive at the business school? Are students involved in this process? Is it an individual or Board decision? Wharton Answer: Applications are reviewed by members of the Admissions Committee, including admissions officers, trained graduate assistants, and other key members of the Graduate Division. Decisions are collective and based on multiple readings and reviews of an application. Wharton places a strong emphasis on candidate selection and commits substantial resources to the application review process. WCW Question: How would you describe the decision making process?
Wharton Answer: The decision-making process is holistic, taking into account not only a candidate's academic and professional profile, but his/her personal qualities and contribution to school and community. We are interested in not only what a candidate has demonstrated to date, but in his or her potential going forward. Because our process is not numbers-driven, but focused on the individual as a whole person, we are able to admit a wider diversity of applicants into the program. WCW Question: What criteria are used to evaluate good prospective candidates? Wharton Answer Candidates are evaluated on four basic criteria: 1) academic ability 2) professional development 3) personal qualities 4) presentation. These criteria are assessed collectively, with no weight attached to any one area. The application is read in its entirety, to an overall picture or perspective of the candidate. Decisions are based on this overall profile, so that candidates who may be relatively weak in a given area or areas may be admitted because of the strength of their overall profile. The four evaluation criteria are presented below: Academic ability is based upon past academic performance at the baccalaureate and post-graduate levels, the GMAT, work experience that requires quantitative skills, and professional certifications such as the CPA or CFA. With undergraduate performance, we consider an individual's marks (e.g., GPA, class distinction, and percentile), rank in class, trends in performance, and difficulty of curriculum and/or school. We understand that evaluation measures differ from school to school and evaluate candidates based on the information presented in their official transcripts. We make no effort to translate grades into a common measure such as a GPA on a 4.0 scale. Academics are a relative, and not absolute, measure. In the final analysis we look for candidates who are prepared for the curriculum once they arrive on campus, which includes individuals with a broad range of academic training. With professional development we consider a candidate's demonstrated progression and potential in the work force, including any leadership and management skills he or she may have acquired (see response to professional work experience below). Personal qualities refer to characteristics that are distinctive about an individual. These are as broad as human nature, ranging from traits like initiative to perseverance, emotional intelligence, compassion, humor, teamwork, emotional intelligence, collaboration, and integrity. In general, we are looking for candidates who are well-rounded, have a record of contribution to community, and have a broad perspective on life that extends beyond work or school. There is no ideal set of traits an applicant should possess, as there is no "typical" Wharton MBA student. Rather, each entering class reflects not only wide differences in ethnicity, citizenship, undergraduate major, undergraduate and/or graduate institution, and professional background, but in personal interests, characteristics, and values. The program includes individuals from nearly walk of life. Presentation refers to both a candidate's ability to follow the guidelines laid out in the application and to clearly communicate. With guidelines, we look for candidates to follow the generally prescribed essay lengths, number of recommendations, knowing there will be some variations from these numbers, based on the candidate's best judgment. In terms of communication, we are interested in a candidate's ability to clearly articulate his or her goals, reasons for an MBA, interest in Wharton, and personal views and perspectives. We fully expect differing levels of mastery of English, given our highly diverse and international pool, but do look for the ability to effectively express thoughts and ideas. To aid applicants in their presentation, we have posted a great deal of useful information on our website, including our student2student discussion board (link to "Discussion" from our website: http://mba.wharton.upenn.edu). Taking the time to review this information may not only reduce mistakes on the application, but enhance its overall quality. WCW Question: How important is the GMAT/TOEFL scores? Is there a minimum needed before a candidate should consider applying? Does it matter how many times a candidate sit these exams? Wharton Answer: The GMAT and TOEFL scores are one of several indicators of academic and/or English proficiency. GMAT test results are evaluated in conjunction with undergraduate and post-graduate coursework, work experience that requires financial or other quantitative skills, and professional certifications such as the CPA or CPA. The TOEFL score is evaluated along with the AWA score on the GMAT, written and verbal communication skills, observations of recommenders, and exposure to the English language. There is no minimum score required for either the GMAT or the TOEFEL. The average GMAT in the entering fall 2004 class is 716, with 80% of all scores falling between 670 and 760 (we welcome and frequently admit outliers). The average TOEFL score is 279. When students have taken a test more than once, we consider their highest total score. It is not unusual for candidates to have multiple sittings for an exam, which may indicate tenacity and a commitment to pursuing an MBA. WCW Question: Does the school expect particular profiles from international students? Wharton Answer: International candidates are evaluated according to the same criteria as US or domestic candidates. All students represent a broad diversity of profiles, including geographic location, professional background, intended major, future career path, personal traits, undergraduate or post-graduate major, and type of college or university attended. Our interest is in admitting the best students, regardless of their citizenship. As a result, the makeup of the class may vary from year to year, with each world region having greater or lesser representation at any given time. WCW Question: What is the breakdown in diversity according to geographic region? Wharton Answer: Students in this year's entering class (Class of 2006) represent 60 countries distributed among the following regions: - Africa: 2.2%
- Asia: 9.8%
- Asia Subcontinent: 4.6%
- Europe: 8.4%
- Latin America: 5.8%
- Middle East: 1.7%
- North America (non-US): 2.8%
- Oceania: 1.5%
- US: 58.1
- US permanent residents: 6.2%
WCW Question: What is the male/ female ratio? Wharton Answer: The ratio is 2:1, with females representing approximately 33% of the class. In terms of the actual number of female students in this year's entering class, 269, Wharton has one of the largest groups of women MBAs of any program worldwide. The strength of this network is reflected in the Wharton Women in Business (WWIB) club, where current students and alumni form strong bonds, promote the advancement of women in business, and help attract others to business and MBA programs through initiatives like global women's receptions. WCW Question: How many years of professional experience does the school prefer applicants to have? Wharton Answer: There is no minimum number of years of work experience required for entry into the MBA program. More important than time spent in the work force is the quality of the professional experience a candidate has received: skills acquired, leadership and/or management experience, work progression (e.g., responsibilities, title, salary, bonus - this will differ widely by job function and industry). In addition to demonstrated abilities, we are interested in a candidate's potential for future growth and development. On average, candidates have 6 years of full-time, professional work experience at the time they apply to the Wharton MBA program. There is, however, a wide distribution around this average. The range for this year's entering class is 0 to 19 years. This broad range reflects Wharton's commitment to admitting the best candidates, including early career candidates with minimal professional experience. WCW Question: How would the administration describe the strengths of the school? What makes the programme unique when compared with other programmes? Wharton Answer: The attributes that distinguish Wharton include: Leadership Development: Founded in 1881 as the first US collegiate business school, Wharton is recognized for its innovative leadership and academic excellence across every major discipline. With more than 200 standing faculty, 11 academic departments, 19 research centers, and leading programs at the undergraduate, MBA, doctoral, and executive education levels, the school has more impact on business practices worldwide than any other institution of its kind. Innovation: From its inception, Wharton has been noted for its innovative nature and for setting the business trend. Wharton was the first business school to publish textbooks, create a joint MBA/MA degree with the Lauder Institute, found an entrepreneurship center, and found a joint management and technology degree. Most recently, the School built its new state-of-the-art building (Jon M. Huntsman Hall), created Wharton Research Data Services (WRDS), expanded its curriculum to include experientially-based learning through the Alfred J. West Learning Lab, and established Wharton School Publishing. Global Community: Wharton is recognized throughout Asia and worldwide for its distinctively global education. In addition to a strongly international student body (42% are foreign citizens or US permanent residents representing 60 countries), the program hosts the most cited faculty of any business school worldwide. Extensive opportunities to study, travel, and work abroad exist, including the Global Immersion Program, the Global Consulting Practicum, exchange programs with 12 leading business schools worldwide, and international career treks. Breadth and Depth of Curriculum: The Wharton MBA program is unparalleled in its breadth and depth of curriculum. In year one, students learn core business skills through a broad exposure to accounting, finance, global strategic management, managerial economics, communications, and leadership training. In year two, students may choose from 18 majors and nearly 200 electives. Students graduate with a versatile, broad based education Cross-Functional Career Training: From the time students enter the MBA program they are offered extensive programming and workshops that build the skills to aid in a successful job search. With over 300 on-campus recruiters and more than 600 hiring firms representing 16 functional areas in a wide variety of industries, the School offers extensive career opportunities. WCW Question: How would the current students describe the school and the programme? Are they content with the career services department? Wharton Answer: Current students report anecdotally and in surveys that they value the Wharton MBA program for its breadth of elective offerings, wide range of majors, partnered governance (faculty, staff, and students jointly share in decision-making and student serve on numerous school committees), wide array of co-curricular opportunities (more than 100 clubs and student-run conferences), the diversity of their fellow classmates and world-class faculty. The Wharton MBA Career Management Office works closely with the MBA students, Wharton Career Club Leaders, and our Student Advisory Board to identify career needs of our MBAs and create services and programming that directly address these issues. Staff from the office has also increased corporate outreach efforts, visiting various companies in the US and Abroad to build relationships and increase brand awareness. This has resulted in a substantial increase in MBA Student and Alumni Job Board postings, increased number of Trek visits, and a greater number of on campus recruiting requests. WCW Question: Who are the major recruiters on campus? Wharton Answer: Full-time top hires per our (newly posted) 2004 Career Report listed below... More information at http://mycareer.wharton.upenn.edu/report/index.cfm - McKinsey & Company
- Goldman, Sachs & Company
- Boston Consulting Group
- Bain & Company
- Citigroup
- Johnson & Johnson
- Lehman Brothers Holdings Inc.
- J.P. Morgan Chase & Co. Inc.
- Credit Suisse Group
- Banc of America Securities
- Booz Allen Hamilton
- Merrill Lynch & Co. Inc.
- American Express Company
- Diamond Cluster International
- Deutsche Bank AG
- General Mills, Inc.
- Microsoft Corporation
- Morgan Stanley
- UBS AG
- General Electric
- Medtronic
WCW Question: What guidelines should candidates adhere to for the essays? 'Do's & Don'ts' Wharton Answer: There are generally two pieces of advice we give candidates: 1) be genuine and sincere about whom you are. 2) provide in-depth answers to the essay questions. In the first instance, we are looking to get to know applicants as individuals - both personally and professionally. There are no expectations that individuals fit a particular work profile, economic or social status, or academic background. What is compelling to the Admissions Committee are candidates who are genuine and who do not try to present a picture of what they "think" the Admissions Committee wants to hear. The Committee is quite diverse; we look for this same diversity in crafting an entering class. In terms of the essays, candidates should be reflective and provide insight into their values, perspectives, goals, and general approach to work and life. In an applicant pool where 75-80% of candidates are admissible (i.e., have a reasonable academic and professional background), the essays are an area in which candidates can distinguish themselves. The key is to be introspective and reach beyond broad, standard responses to essay questions. WCW Question: How important is it to stay within the designated word limit? Wharton Answer: The word limits are intended as a general and not absolute guideline. We do believe the established essay lengths allow sufficient space for candidates to answer the questions. We expect individuals to adhere as closely to these stipulations as possible, knowing there will be instances where less or more space is required. WCW Question: What role do the 'Letters of Recommendation' play? Wharton Answer: Letters of recommendation provide insight into a candidate's professional development, work style, ability to work collaboratively on a team, potential for growth, and general personality. Recommendations may confirm information presented elsewhere in the application or provide new perspectives on a candidate. As such, recommendations are an important part of the more qualitative aspects of the evaluation process. More important than a recommender's job title or company is his/her knowledge of the candidate and ability to answer the kinds of questions we ask on the recommendation form. In general, recommendations from direct supervisors are preferred. In instances where this is not possible, applicants are asked to use their best judgment, explaining their choice of recommenders, if needed, in the optional essay. As with all areas of the application, recommendation letters are just one area of evaluation. Admissions decisions are typically made across multiple criteria. It is the rare applicant who is denied based on only one element such as recommendations of his or her application. WCW Question: What is the function of an interview at your school, and what role does it play in the admissions process? Wharton Answer: Interviews are by invitation, after a full review of an application. Applicants who are viable candidates for the MBA program in a given year are invited to interview and may schedule one on-campus or off-campus with staff or alumni. All interviews carry equal weight in the admissions process, so there is no advantage to interviewing in one venue over another. Interviews are blind, without the interviewer having read the applicant's file. The interview is designed to allow the applicant and the school to get to know one another and establish a dialogue. Discussion focuses on questions such as why the candidate seeks an MBA, why Wharton is a good "fit" for him or her (vice versa), future career goals, personal values, and interests outside school or work. In the evaluation process, interview results provide additional insight into a candidate. Upon completion of an interview, a candidate's entire file is reviewed again and compared with the applications of other candidates who have also interviewed. As supplements to the application, interviews are not a turnkey event upon which a final admissions decision is based. WCW Question: Are there unofficial/ official quotas allocated by country or region? Wharton Answer: There are no quotas by country or region. While we do seek geographic diversity in crafting our entering class, this distribution does vary over time, depending upon the numbers of applications we receive from various regions. When applications from a particular area like Asia, for example, are strong relative to other regions, this group will be more highly represented in the program. WCW Question: Does your school have 'rolling' admissions or admissions 'rounds'? When is the best period for a candidate to apply? Are candidates penalized for applying in the last round? Wharton Answer: We have 3 admissions rounds. We encourage candidates to apply in either Round 1 or 2, both of which are relatively evenly distributed in numbers of students admitted. Applying in either of these rounds provides students with ample time to choose among the MBA programs to which they have been admitted, as well as prepare for the transition back to school and life in what is frequently a new city. International students also benefit from more time to process their student visas. Round 3 is more selective, with fewer seats remaining in the class. There will always be room in the class, however, for the best candidates in Round 3.
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