1) Social entrepreneurship refers to the starting of one's own non-profit company. So you need to face all the challenges of starting a company, but uniquely tailor that company's goals towards helping society.
2) The consulting club is made up mainly of people trying to transition into consulting careers. We don't actually 'meet' as a club that often. We are a professional club, meaning we mainly organize and coordinate events that help people succeed professionally in consulting. Most of these don't require the club to meet as a whole- rather, whoever is interested signs up for these events, and attends them. However, even these events tend to be highly personal, matching up say consultants with first year students, or second years and first years, rather than being an 'event' per se where everyone attends. We find this to be better because it helps people work around their own schedules, and also gives people better, more high quality interaction.
Some of these events include: inviting firms to send employees (consultants) to come help with looking over our resumes, chatting with us over coffee to learn about the firm, and also give general interview advice. We also organize events with those with prior (either summer, or previous full-time) experience in consulting helping out in similar ways- learning about their firms, and helping with interview and resume advice. And yes, we also have casebooks, although students tend to leverage casebooks from different schools.
3) Well, community activities are not crucial in the sense that you don't have to have served the public. You do need to show interests outside of work and school though; but any such interests would be fine. They don't have to be the type that serve the public good.
Thanks very much for your information. I am wondering whether you can briefly introduce the lifestyle at Wharton and Philadephia, say, what attracts you most about life in UPenn.
thanks kittylyx: you have a name very similar to my friend from college!
Chinazdk: what exactly about the lifestyle would you like to know about? Philly is a mid-sized city, so it's not as exciting as New York or Chicago, but there's more happening than say at Tuck. The city also apparently has the highest number of (good) zagat-rated restaurants in the country, so the food is great! I also like the fact that the city is so near the school that it takes only about half an hour to walk home every day. Very nice having everything so conveniently located!
As for Wharton, I would say the best thing is that there is always something happening everyday. Be it a party, social event, talk, lecture... things are happening all the time and you will never feel bored! As for what it is that you personally choose to do with your time, that's up to you- but rest assured that you will always have plenty of choices to choose from.
BTW, just to clarify... many of the things I've said (for instance, that you don't really NEED community service) probably applies to every other school as well, so feel free to ask questions that relate to the general business school application process as well, or how you should choose a school, etc.
BTW, I see that you are also the student of Lauder Class Chinese track. Is it because that you aim your future career in China? I saw on Wharton's website that this program is designed for those who would like to spend their career in a Foreign country, like in Japan or in Spain..