withmoon> No, there is no benefit. The speaker series is run by students; admissions decisions are made by the admissions committee. These are entirely separate departments with no interaction.
pega09> A bad interview does not mean that you are automatically dinged either. Someone could be sick that day, or simply just have performed poorly. Wharton understands that, which is why the school views the application in its entirety. If everything else in your application indicates that you're an amazing communicator who just may have had a poor day, then even with a bad interview you may still be accepted. As for the difference between 65 and 95, well, I might have exaggerated its similarity to the GMAT. In fact for the GMAT it is true that 720 and 780 are not very different. For an interview, however, if the half-hour convinces your interviewer that you are a not-to-be-missed candidate (ie typically shows you have great charisma, charm and communication skills, which themselves are important and rare skills that typically make the difference between 65 (merely right answers) and 95 (fantastic communicator)), then that too will help your candidacy. The thing is, however, extremely few people will get the 95, so I would say that 95% of applicants to Wharton get in with a score of 65 or below on the interview (using your scoring matrix..)
pega09> 1. They do look at it, but I wouldn't spend too long on this. I personally just took a few hours to fill it in.
2. They will look at the updated resume. However I wouldn't worry about this either. The resume is not quite as important as the other parts of the application. In fact, when I applied last year, I did not submit a resume.
Stumbled across some useful replies from Wharton adcom on the interview:
Question: "What are some of the differences between an applicant chosen after the interview and one denied, besides someone not being well-versed on their own application information submitted?"
Answers from Kathryn Bezella: "The interview is meant to give us a sense of how you communicate in person. It helps us see how you listen and respond thoughtfully to questions about your work experiences, and it also allows us a greater sense of your personality. Usually the IV would not be the single factor that would keep you from gaining admission to Wharton - it is still only one of many aspects that we would be evaluating, so someone denied post IV most likely still has other "holes" or areas that needed improvement in their application."
"We make sure the interviews are blind in order to keep the interviewer's mind open. We wouldn't want to bias them based on your undergrad record or that essay you may have decided to write at the last minute. Blind IV's allow us to meet YOU, and not just your file."
Answer from Ainsley Parker: "Because the interviewers won't have seen your application, everything you talk about will be new for them. Certainly things that you speak about in your essays are meaningful, but it's up to you as to whether or not you discuss them."
Question: "Could you please describe the process you go through to decide whether to invite an applicant for interview or not? Do you waitlist an applicant before or after the interview?"
Answer from Judith Hodara: "We read all of the files carefully and assess if we would like more information on the candidate; or we are interested to learn more. We would waitlist only after the interview."
Question: "If you are interviewing an applicant and the numbers and basic profile of their application is in the ballpark for a Wharton student, what distinguishes an applicant that you recommend for acceptance from one that you recommend for denial?"
Answer from Judith Hodara: "We are looking very closely for the sense of self; how well can a student articulate where they are on their path and where they would like to go? How well do they know themselves, and how reflective can they be about this stage in their professional and personal lives? About 90% of those who apply are academically in the ballpark. The rest is individualism."