Wharton Business School Facts and Figures
Established in 1881, Wharton Business School at the University of Pennsylvania (also known as “Penn State”) is the world’s first university business school and is one of four undergraduate schools at the University of Pennsylvania, others include Arts, Sciences , Engineering and Nursing. . It was founded by American businessman and industrialist Joseph Wharton, whose vision for the school was for graduates to become “pillars of the state, whether in private or public life.”
Wharton is an Ivy League business school and has been ranked and ranked among the most prestigious in the country, recognized for its innovative teaching methods, as well as a variety of academic programs and resources. Because of this, admissions are competitive and selective. Typically, the undergraduate program receives about 5,500 applications per year, with less than about 10% accepted.
Wharton School offers BS, MBA and Ph.D. and offers concentrations in Accounting, Business and Public Policy, Business Management, Environmental Management, Finance, Health Care Systems, Organizational and Human Resource Management, Insurance and Risk Management, Legal Studies and Business. Ethics, Management, Marketing, Multinational Management, Operations and Information Management, Real Estate, Retailing, Statistics and Strategic Management.
About 30% of undergraduate students graduate with more than one college degree and 35% of students study abroad. Wharton has an alumni network of 85,000 graduates, and the school has more than 4,900 undergraduate, MBA, executive MBA, and doctoral students. Thousands more students in other undergraduate and MBA majors choose to take management and public policy courses in business school as well.
In addition to the first Wharton School at the University of Pennsylvania located in Philadelphia, Pennsylvania, other campuses reside elsewhere. These include San Francisco, California on the top floor of the Folger Building in the city’s business and financial district; Fontainebleau, France; and Singapore – the latter two through a partnership between the Wharton School of Business and INSEAD, one of the world’s largest graduate business schools, founded in 1957.
The Wharton School of Business is also known for its online research journal Knowledge @ Wharton. The magazine is a free biweekly online resource in multiple languages consisting of podcasts, research articles, books, lectures, and more. Knowledge @ Wharton has more than 1.30 million subscribers worldwide and has more than 2,000 articles in its database.
Current students: 4,950
Bachelor’s degree: 2,621
MBA programs for executives: 411
Permanent faculty: 219
Associate teaching staff: 71
New teachers: 23
International Faculty: 95
Female teachers: 59
Endowment: $ 656 million