The Wharton School, Pennsylvania, Philadelphia

    Philadelphia, PennsylvaniaLocation
    SchoolSchool type
    Estd 1881established year

    The Wharton School: Rankings, Courses, Admissions, Tuition Fee, Cost of Attendance & Scholarships

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    Anam Shams

    Content Curator

    The Wharton School is the business school of the University of Pennsylvania and was established as the first collegiate business school in 1881. This prestigious business school in US has played an important role in transforming the study of business from a trade to an intense and respected profession. 

    The organization consists of a beautiful campus that offers undergraduate, graduate, and doctoral programs in nearly 20 disciplines. This deemed business school comprises approximately 5,000 students from all across the world and has an international population of over 30% in its MBA course which is one of the unparalleled, highly coveted programs for international aspirants to study in the USA.

    Admissions at the Wharton School are available in multiple rounds throughout the year and observe different deadlines for its varying range of courses. All the applicants are charged a nonrefundable application fee of 265 USD when applying at the institute. It is a highly selective school in the country with an acceptance rate of merely 9%.

    Students can choose from over 19 undergraduate concentrations, 19 MBA majors, and 9 doctoral programs. It has awarded more than 200,000 certificates from Wharton Online. The school accepts applications for early decision by November 01, 2020, and for regular decision by January 05, 2021. It has a highly selective admission process that results in an acceptance rate of 9%.

    The Wharton School Rankings

    • The Wharton School, USA is ranked 5th in terms of Best US Business Schools 2021 as per the Forbes Ranking List.
    • As per the rankings of The Times Higher Education, this Business School is ranked 10th in terms of top Business Schools.


    Establishment year 1881
    Major area of Study MBA
    MBA Majors and specialties Business, finance, marketing
    Application fee 265 USD
    Exams to study ACT, SAT, GMAT, GRE, TOEFL or PTE
    Average GMAT score 732
    Mean GRE Verbal-162
    11th hour of the deadline 5:00 p.m. Eastern Time (ET)
    Average GPA 3.6
    English language proficiency score TOEFL or equivalent
    Average Work Experience for MBA 5 years

    The Wharton School Campus

    • Wharton School campus in Philadelphia is right on Locust Walk, the brick-lined pedestrian thoroughfare at the heart of the University of Pennsylvania
    • There are over 100 student-run clubs and organizations which include concerts, academic honor societies and special interest groups on college campuses.
    • The school launched the Student Life Space in Philadelphia's central business district which is a 20,000 square foot land comprising conference rooms, meeting rooms and over 20 group study rooms.
    • Student Affairs comprises various offices whose aim is to look after the basic needs of the students including leadership development, housing options, public service, career exploration and community engagement and numerous others.
    • The Wharton campus is also known for building close interactions across its numerous centers and is pretty large enough to offer world class facilities.

    The Wharton School Housing Facilities

    • The institute also provides students with several housing options in its residence halls. However, students can also opt for housing options outside the college campus.
    • This Business School comprises 9 residence halls and various apartment communities.
    • The Residence life offered by the college aims at encouraging personal development of students through in-hall programs offered by the college, academic and social activities and is also responsible for ensuring that students will get a perfect learning atmosphere.
    • A large number of facilities such as laundry, recreation areas, common rooms, parking etc. are provided to students who stay on the campus of the college.
    • Students who wish to stay in any of the residence halls of the college are required to fill the housing application form available on the college’s official website and submit the same at the time of admission itself.

    The Wharton School Courses

    • The institute offers an array of courses for international students including undergraduate programs in over 19 disciplines, 19 MBA majors and a total of 9 doctoral programs.
    • This deemed business school conducts special orientation seminars for students enrolled in any of the programs offered by this college.
    • The institute provides 2 types of MBA courses including an MBA for full-time students and an MBA for executives.
    • It also offers various dual-degree programs with various other renowned schools of University of Pennsylvania. 
    • It provides its students with a variety of  Interdisciplinary programs- MA lauder or joint degrees.
    • The school is also a member of Wharton-INSEAD Alliance which allows its candidates to cover one part of their education abroad at the partner university.
    • Some of the popular majors at the institute include accounting, actuarial science, business analytics, business economics, business administration and public policy

    Wharton School Application Process

    How to Apply?

    Application Portal: Visit the admissions page on the official website of the University of The Wharton School, USA and fill either the common application or coalition application form.

    Application Fee: 265 USD

    Application deadlines:

    Deadlines for various courses at the institute may vary. However, deadlines for MBA program of the school is as follows:

    Round Application Deadline Admissions Decision
    Round 1 September 17, 2019 December 18, 2019
    Round 2 January 7, 2020 March 26, 2020
    Round 3 April 15, 2020 May, 2020

    Basic Admission Requirements 

    1. Official academic transcripts with an average GPA of 3.70.
    2. English proficiency scores like an average TOEFL score of 110 or equivalent.
    3. Letters of Recommendation
    4. Statement of purpose
    5. Health certificate
    6. Resume for the ones with job experience/prior experience
    7. Visa/passport (if required)
    8. GMAT (avg score of 790 for MBA)/GRE scores for graduate applicants
    9. Financial Statement
    10. Interview (additional) 

    MBA at The Wharton School

    The MBA program accepts applications in three rounds. If the application is submitted after the deadline for Round 1 or 2, it is rolled into the next round. After Round 3, the application is not accepted. The MBA/MA Lauder and the Carey JD/MBA program have two rounds.

    On the day of the deadline, a completed application must be submitted by 5 pm. Selected students are invited for an interview and the college will contact the student to arrange the interview. It is a part of the application process.

    • Official academic record
    • Photocopies and certificate of official copies of school documents
    • Standardized test score (if applying for interdisciplinary programs)
    • Proof of English Language proficiency

    Francis J. and William Polk Carey JD/MBA

    • GRE or GMAT scores
    • Essays
    • Two recommendation letters
    • Interview

    Wharton/Lauder Institute Joint-Degree

    • Oral Proficiency Interview
    • Lauder essay (no more than 800 words)
    • Lauder Interviews (on invitation only)

    Wharton School Cost of Attendance

    For all the prospective candidates, an estimated budget for international students looking to study in the US has been tabulated below. 

    Nature of Expenses Cost
    Tuition Fee 70200 USD
    General Fee 2984 USD
    Health Insurance 3348 USD
    Room and Board 22450 USD
    Books and Supplies 1408 USD
    Meals 5,000 USD
    Transportation 3,000 USD
    Personal/ Miscellaneous 5664 USD

    Scholarships by The Wharton School

    Numerous aids are available for international students at the institute in the form of awards and  scholarships for international students to study in the USA. The applicants are required to apply for any of the aid they are eligible for at the time of applying for admission to any of the programs in the college.

    Several studentships, awards, grants, loans, aids etc. are offered to the candidates by this deemed college some of which are discussed as follows:

    Financial Aid Package for International Students

    Wharton Fellowship Program All students who are admitted to this college are considered eligible for Wharton Fellowship support based on the application for admission. The fellowship criteria include unique personal qualities and background, academic achievement, exceptional professional development, and community involvement.
    Loans Different types of interest free loan options are available to students who are financially weak to support them in their studies.
    Additional Work Options This deemed B-School also offers additional role specific work options to help students in their finances.

    Some of the fellowships that the candidates can avail when applying the school are listed below:

    1. Joseph Wharton Fellowships: awarded to candidates showcasing spectacular academic record and personal plus professional achievements.
    2. Forte Fellowships: awarded to female students with splendid academic and professional performance possessing great leadership and creative abilities who can also prove her commitment towards empowerment of women in general.
    3. Academic Excellence Fellowship: For outstanding and academically brilliant students enrolled in an MBA program at the institute in term 2 and 3.

    Alumni Network

    Alumni of the school are usually provided with various benefits including access to offers made by the Credit Union of the college, Alumni Debit Card, Alumni Select, free access to library and health & fitness services and many more.

    A few notable alumni of the Wharton School, USA are as follows:

    1. Donald Trump – 45th US President
    2. Elon Musk – CEO of SpaceX
    3. Sundar Pichai – CEO of Alphabet
    4. Ivanka Trump – American Businesswoman

    The Wharton School Placements

    The Wharton School, USA conducts numerous career fairs for its students which include Workshops, Creative Industries Career Fair, Placement Test, Teacher-Recruitment Fair, Career Link, Career Assessment Activities and many others for the betterment of students.

    The median salary for graduates with an MBA from the institute is around 135,000 USD.

    • More than 89% of the students get full-time employed after graduation.
    • 92.3% of the undergraduate students get full-time employment after completing their degree program.
    • The median salary the undergraduate students receive is around 82,444 USD. 
    • The average salary of Wharton graduate students is 74,434 USD.
    • Full-time MBA reported 98.5% full-time job offers and accepted 93.5%.
    • MBA graduates get a Yearly Compensation range of 130,000-165,000 USD, 150,000 USD median.
    • In the Class of 2020 full-time MBA 86% of graduates got placed in the USA and 13% got job internationally. 
    • Over 12.3% of full-time MBA jobs are offered outside of the U.S.

    The top industries Wharton students get employment in:

    Communication 3%
    Investment Banking 32%
    Consulting 21%
    Manufacturing 3%
    Technology 11%
    Other Finance 18%

    Top companies from around the world come to Wharton for recruitment: Google, JP Morgan, Goldman Sachs, Amazon, Microsoft, Time Inc., McKinsey, and Blackstone. Most students take careers in brand management, financial management, investment banking, law, nonprofit management, technology, and private equity. 

    $81,3781st YEAR

    2 years

    Course Duration

    Sep 08

    Application Deadline

    LOR | SOP

    ENTRY Requirement



    8.7 / 10
    $72,3001st YEAR

    2 years

    Course Duration

    Sep 08

    Application Deadline


    5 years

    Course Duration

    Dec 15

    Application Deadline


    5 years

    Course Duration

    Dec 15

    Application Deadline


    5 years

    Course Duration

    Dec 15

    Application Deadline


    The Wharton School Overview

    Insitution type
    Private (Not for Profit)
    University of Pennsylvania
    Student Population
    Application Cost
    Average Cost of Attendance
    $81,378 / Year
    Student : Faculty Ratio
    7 : 1

    The Wharton School comparison

    The Wharton SchoolColumbia Business SchoolKellogg School of ManagementRoss School of BusinessTepper School of BusinessHarvard Business SchoolMIT Sloan School of ManagementLondon Business School
    programsPG Programs -3
    Doctorate Programs -7
    PG Programs -4
    PG Programs -5
    Doctorate Programs -9
    UG Programs -1
    PG Programs -7
    Doctorate Programs -1
    UG Programs -16
    PG Programs -2
    Doctorate Programs -11
    UG Programs -3
    PG Programs -3
    Doctorate Programs -8
    PG Programs -5
    Doctorate Programs -7
    cost to studyAverage Tuition Fees   ARS 81378
    [For PG Program]
    Hostel + Meal - ARS 38286 Per Year
    Average Tuition Fees   ARS 50496
    [For PG Program]
    Hostel + Meal - ARS 21816 Per Year
    Average Tuition Fees   ARS 108918
    [For PG Program]
    Hostel + Meal - ARS 16047 Per Year
    Average Tuition Fees   ARS 51736
    [For UG Program]
    Average Tuition Fees   ARS 145000
    [For PG Program]
    Hostel + Meal - ARS 16502 Per Year
    Average Tuition Fees   ARS 55816
    [For UG Program]
    Average Tuition Fees   ARS 45000
    [For PG Program]
    Hostel + Meal - ARS 17944 Per Year
    Average Tuition Fees   ARS 73440
    [For PG Program]
    Hostel + Meal - ARS 23010 Per Year
    Average Tuition Fees   ARS 51520
    [For UG Program]
    Average Tuition Fees   ARS 17800
    [For PG Program]
    Hostel + Meal - ARS 14720 Per Year
    Average Tuition Fees   ARS 146828
    [For PG Program]
    Hostel + Meal - ARS 64847 Per Year
    collegedunia reviews8.8/10 Read 3 reviews8.7/10 Read 3 reviews8.8/10 Read 8 reviews9.4/10 Read 2 reviews8.1/10 Read 7 reviews8.5/10 Read 16 reviews8.9/10 Read 6 reviews7.9/10 Read 13 reviews
    ranking (overall)# 2 Financial Times 2020
    # 4 Financial Times 2019
    # 6 Bloomberg 2019
    --# 21 Financial Times 2021
    # 30 Financial Times 2020
    # 17 Bloomberg 2019
    # 27 Financial Times 2021
    # 31 Financial Times 2020
    # 15 Bloomberg 2019
    # 1 Financial Times 2020
    # 2 Financial Times 2019
    # 3 Bloomberg 2019
    placement (average package)

    Top recruiters: A.T. Kearney, Amazon, Amazon Studios, American Express, Alpine Investors, Bayshore Global Management, EY-Parthenon, Exxon Mobil Corporation, Facebook, JPMorgan Chase, YouTube, Yelp, Xandr, Xiaomi.

    collegedunia score- Out of 10- Out of 10- Out of 10- Out of 10- Out of 10- Out of 10- Out of 104.2 Out of 10
    -Read Full ComparisonRead Full ComparisonRead Full ComparisonRead Full ComparisonRead Full ComparisonRead Full ComparisonRead Full Comparison

    Admission & dates

    Round 1 Deadlines

    September 15

    Application deadline

    Round 2 Deadlines

    January 5

    Application deadline

    Round 3 Deadlines

    March 31

    Application deadline

    Test Scores For International Applicants

    ExamsAvg. ScoreMin ScoreMax. Score%Submitted
    Language Proficiency
    TOEFL Check Detailed Score110---

    The Wharton School Acceptance Rate

    - %

    acceptance rate


    total applicants


    total enrolled

    The Wharton School enrollment

    The Wharton School Enrollment

    Attendance Cost


    attendance cost

    The table shows average yearly cost of attendance for international students. Amount may vary with the course opted, nature of accommodation, and personal spending habits of a candidate. Check Program wise Fees

    Tuition fees
    Post Graduate Program
    $81,378 / Year
    On Campus
    Room and Board
    $22,670 / Year
    Off Campus
    Room and Board
    $15,616 / Year

    Top Accreditations [Institutional & Program Wise]

    Program wise accreditation
    Business Programs
    Association to Advance Collegiate Schools of Business


    total facultyfull timepart timegraduate assistants


    Times Higher Education logo

    Times Higher Education

    Ranked #38

    Engineering (International)

    Ranked #27

    Law (International)

    Ranked #14

    Arts (International)

    Ranked #11

    Economics (International)

    College Rating

    Based on 3 Students Rating

    8.8 out of 10
    8.0/10Social Life


    8.7 /10

    The Wharton School is without any doubt is an amazing school for MBA and that's why I applied for it. To apply for an MBA, there is a separate Wharton Web Application Portal, which cost me around $270. I received the admissions decisions within 4-6 weeks, post my submission of the application.

    Course Curriculum :

    We have a huge campus that always brings something exciting for all of us. Our campus is also known for building close interactions across its numerous centers. It is pretty large enough to offer world-class facilities to all of us pursuing our MBA here.

    8 /10 academic/food
    8 /10 faculty
    9 /10 infrastructure
    9 /10 accomodation
    9 /10 placement
    9 /10 extracurricular
    8.5 /10

    I came to know about this college through an article in a newspaper. I was attracted by their on-campus placement. That's why I applied to this college. The admission form fee was $300. The payment was done through online mode. I submitted some documents such as Transcripts, Two Letter of Recommendations, GMAT score, and Resume.

    Course Curriculum :

    The course teaches us how to think out of the box. Along with hard work, in my opinion, one should have a creative mindset and the ability to overcome any problem without any help. The faculty is lovable and are best at their work. We were allowed to have guest lectures, web seminars, and interaction with the personnel in the field to help us solve our doubts.

    9 /10 academic/food
    9 /10 faculty
    9 /10 infrastructure
    8 /10 accomodation
    9 /10 placement
    7 /10 extracurricular
    9.2 /10

    I always wanted to be attached to Wharton solely because of the prestige the name carried. But once you look at the alumni list you'll see the reason. From Elon Musk to Donald Trump and my Idol Warren Buffet. That was it. I needed to enroll and luckily I got into it. I applied to the college through an admission portal online along with which I had to pay a $275 application fee.

    Course Curriculum :

    So the curriculum is basically bifurcated into two parts fixed and flexible. The fixed course is your typical business course to boost your analytical thinking and prepare a foundation to build on while flexible courses which are basically half of my curriculum are catering to my interests and goals. I worked with a small team in the first year and learned a lot through co-curricular activities. I will also partner with my faculty soon and learn more and increase my expertise in the time to come.

    10 /10 academic/food
    9 /10 faculty
    9 /10 infrastructure
    9 /10 accomodation
    10 /10 placement
    8 /10 extracurricular
    3733 Spruce Street, Philadelphia, PA 19104

    Nearby This Campus

    • Bus Station
    • Super Market
    • Airport

    Bus Station

    38th St & Walnut St0.04 km
    Walnut St & 39th St0.07 km
    Walnut St & 37th St0.15 km
    Walnut St & 38th St0.16 km
    Show More


    Penns Landing Seaplane Base Airport5.36 km
    Philadelphia International Airport10.32 km
    Wings Field21.26 km
    Northeast Philadelphia Airport21.47 km
    Show More

    Super Market

    The Fresh Grocer of Walnut0.38 km
    The Fresh Grocer of Grays Ferry1.49 km
    Trader Joe's1.92 km
    Park Town place2.00 km
    Show More

    *All distance are measured radially. Actual distance may vary

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