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Wharton alumni network has 81,000+ members in 142 countries around the world. There are eighty-two alumni clubs providing support to the School. In addition to the annual campus-based Wharton reunion, Wharton partners with its alumni clubs to mount three annual Global Alumni Forums around the world. Notable alumni include : Wharton alumni network has 81,000+ members in 142 countries around the world. There are eighty-two alumni clubs providing support to the School. In addition to the annual campus-based Wharton reunion, Wharton partners with its alumni clubs to mount three annual Global Alumni Forums around the world. Notable alumni include :
] ]

== Alleged criminals ==

An alleged child molester and sex offender has been a faculty member at Wharton. Refer to:
http://www.philly.com/mld/inquirer/news/local/states/pennsylvania/15393120.htm

The professor who is the prime suspect in the brutal murder of his wife is has been linked to Wharton and to the ]. Refer to:
http://www.philly.com/mld/inquirer/news/local/states/pennsylvania/counties/chester_county/16324419.htm?source=rss&channel=inquirer_chester_county



'''Industry''' '''Industry'''

Revision as of 12:45, 5 February 2007

Wharton School
File:Whartonlogo.gif
Motto"Apply unparalleled intellectual resources to prepare business leaders who fuel the growth of industries and economies throughout the world"
TypePrivate
Established1881
Endowment$614.5 million
DeanPatrick T. Harker
Undergraduates2,340
Postgraduates1,671
LocationPhiladelphia, Pennsylvania, USA
CampusUrban, 269 acres (1.1 km²)
Websitewww.wharton.upenn.edu

Wharton School is the business school of University of Pennsylvania in Philadelphia, Pennsylvania. Established in 1881 by Joseph Wharton as the world’s first collegiate business school, Wharton offers the B.S., MBA and PhD degrees in business. It is widely considered one of the very top elite institutions for business education in the world.

Wharton School has over 300 standing professors, the world’s most published and most cited business school faculty, and its 8-student-to-faculty ratio is one of the smallest numbers among U.S. business schools. With the most electives of any business school, Wharton offers concentrations in Accounting, Business and Public Policy, Finance, Health Care Systems, Insurance and Risk Management, Legal Studies and Business Ethics, Management, Marketing, Operations and Information Management, Real Estate, Retailing and Statistics.

Wharton School has been ranked the single best business school in the world by Financial Times in every year in which the magazine has ranked business schools, except for 2005, when it tied with Harvard. The high prestige of the school, makes Wharton's admissions process highly selective — it is one of the most competitive business school in the U.S. A high GPA, high GMAT score, and very strong non-quantitative credentials are typically prerequisites to admission. It is known as a popular destination for Rhodes Scholars upon their return from Oxford University.

The School owns an influential journal, Knowledge@Wharton, that is "the envy of every other school", and a powerful publishing house Wharton School Publishing which publishes books, audio books, e-documents, CD-ROMs, and videos that have received what the publisher calls "the Wharton seal of approval." Wharton maintain the world's largest financial, economics, management, marketing, and public policy data warehouses accessible through state-of-the-art web-based data management services, called WRDS.

History

The Wharton School, the world’s first collegiate business school, was founded in 1881 by Philadelphia industrialist and philanthropist Joseph Wharton. A native Philadelphian, Wharton became a leader in industrial metallurgy and built a fortune through his American Nickel Company and Bethlehem Steel Corporation. The anvil, a School symbol, reflects Wharton’s pioneering work in the metal industry. Joseph Wharton envisioned creating a new collegiate foundation that would produce educated leaders of business and government. From the beginning, he defined the goal of the Wharton School of Finance and Economy (its original name) to be: "to provide for young men special means of training and of correct instruction in the knowledge and in the arts of modern Finance and Economy, both public and private, in order that, being well informed and free from delusions upon these important subjects, they may either serve the community skillfully as well as faithfully in offices of trust, or, remaining in private life, may prudently manage their own affairs and aid in maintaining sound financial morality: in short, to establish means for imparting a liberal education in all matters concerning Finance and Economy."

Setting an early standard for innovation, Wharton published the first business textbooks, established the first research center at a business school, created the first center for entrepreneurship, created the first program in international management, established the first MBA in health care and real estate, and developed the first executive education program. To this day, it is regarded as one of the world's leading business and management schools, and employs the world's largest, most cited faculty with 304 standing and associate members.

Academics

The school has 304 standing and associated faculty, 11 academic departments and 20 research centers and initiatives. The institutional mission of the Wharton School: to apply unparalleled intellectual resources to prepare business leaders who fuel the growth of industries and economies throughout the world.

Academic Departments

  • Accounting
  • Business and Public Policy
  • Finance
  • Health Care Systems
  • Insurance and Risk Management
  • Legal Studies
  • Management
  • Marketing
  • Operations and Information Management
  • Real Estate
  • Statistics
  • Actuarial

Research Centers

  • Jay H. Baker Retailing Initiative
  • Pension Research Council
  • Center for Human Resources
  • Council on Employee Relations
  • Leonard Davis Institute of Health Economics
  • S.S. Huebner Foundation for Insurance
  • Small Business Development Center
  • Wharton Financial Institutions Center
  • Wharton e-Business Initiative
  • Wharton Sports Business Initiative
  • Wharton Center for Health Management
  • Wharton Center for Leadership
  • Wharton-SMU Research Center
  • Reginald Jones Center for Management, Strategy, and Organization
  • Fishman-Davidson Center for Service and Operations Management
  • William and Phyllis Mack Center for Technological Innovation
  • Emerging Technologies Management Research Program
  • Risk Management and Decision Processes Center
  • SEI Center for Advanced Studies in Management
  • Sol C. Snider Entrepreneurial Research Center
  • Weiss Center for International Financial Research
  • Boettner Center for Pensions and Retirement Research
  • Rodney L. White Center for Financial Research
  • Samuel Zell and Robert Lurie Real Estate Center
  • Zicklin Center for Business Ethics Research

Wharton MBA Program (MBA)

Eighteen majors are available to Wharton MBA students, who can also elect to pursue double majors or individualized majors. During their first year students pursue a required core curriculum. After completing the first year, electives are available. The MBA program offers nearly 200 electives within Wharton's 11 academic departments, the "largest" selection of any business school. Thousands of other University electives are also offered through other Penn schools.

Wharton's required Pre-term includes coursework, waiver testing, and the "Learning Team Retreat". Coursework includes introductory and review courses in financial accounting, microeconomics, statistics, and financial analysis. Preparatory courses cover material not included in Fall coursework that students are expected to understand. In addition, Pre-term includes classes on business history and languages, as well as short seminars in communication skills, computing technology, trading simulations, and career management.

Offered on a quarterly schedule throughout the first year, core courses cover traditional management disciplines finance, marketing, statistics, and strategy, as well as the leadership, ethics, and communication skills needed at senior levels of management.

Academic Honors for MBA Program

The top academic honor in the Wharton MBA Program is the Palmer Scholar designation, given to the top 5% of the graduating MBA class. Students who rank in the top 20% of the graduating class after both their first and second years are awarded Graduation with Honors. Students who rank in the top 20% of their class after the first year are awarded First Year Honors.

The student (or students) with the top cumulative GPA at the end of the first-year of the MBA Program is awarded the Ford Fellowship.

Only grades earned from courses taken at Wharton qualify for academic honors. Courses taken Pass/Fail or electives taken outside of Wharton do not count towards the eligibility for academic honors, but do count towards the MBA degree.

Wharton MBA Program for Executives (WEMBA) The Wharton MBA Program for Executives is a two-year, weekend residential program built on the same curriculum as Wharton's full-time MBA program, including the same application process, admissions criteria, and program services. Students from a diverse range of industries and organizations earn a full MBA degree from Wharton while continuing their careers. The program is offered in two locations: on the Wharton campus in Philadelphia and at Wharton West in San Francisco, where Wharton faculty travel to the West Coast to lead their courses. The program attracts students from throughout the U.S. and North America; some have also traveled from Europe, Asia, and South America.

Wharton Doctoral Programs The Wharton Doctoral Programs take approximately four to six years to complete. Wharton grants PhD degrees (as opposed to some programs, which grant DBAs.) Eleven fields of specialization are offered by the program: Accounting, Business & Public Policy, Ethics & Legal Studies, Finance, Health Care Systems, Insurance & Risk Management, Management, Marketing, Operations & Information Mgmt., Real Estate, and Statistics. The entering class of 2005 contained 34 students, half of which were U.S. citizens. The average age of an entering student is 26. All Wharton doctoral students are funded.

International study Options for international study and experience include Wharton's alliance with INSEAD, the Global Immersion Program, Wharton Leadership Ventures, Wharton's Global Consulting Practicum, and exchange programs with schools in 11 countries around the world.

Dual and joint degrees Wharton Undergraduates may pursue joint degrees in engineering through the Jerome Fisher Program in Management and Technology (M&T), international business through the Huntsman Program in International Studies and Business (ISB), Nursing & Health Care Management (NHCM), and a joint program in life sciences and business through the The Roy and Diana Vagelos Program in Life Sciences and Management (LSM). Undergraduates may also, independent from these programs, pursue dual degrees with any of Penn's three other undergraduate schools.

William L. Mack Plaza

Wharton MBA students may pursue a dual degree with Lauder Institute, Johns Hopkins' School of Advanced International Studies or in one of the 12 graduate and professional schools at the University of Pennsylvania:

Alumni network

Wharton alumni network has 81,000+ members in 142 countries around the world. There are eighty-two alumni clubs providing support to the School. In addition to the annual campus-based Wharton reunion, Wharton partners with its alumni clubs to mount three annual Global Alumni Forums around the world. Notable alumni include (source):

Jon M. Huntsman Hall

Alleged criminals

An alleged child molester and sex offender has been a faculty member at Wharton. Refer to: http://www.philly.com/mld/inquirer/news/local/states/pennsylvania/15393120.htm

The professor who is the prime suspect in the brutal murder of his wife is has been linked to Wharton and to the University of Pennsylvania. Refer to: http://www.philly.com/mld/inquirer/news/local/states/pennsylvania/counties/chester_county/16324419.htm?source=rss&channel=inquirer_chester_county


Industry

  • Anil Ambani, Chairman/Managing Director, Anil Dhirubhai Ambani Group
  • Geralyn Breig, Former President, Godiva International
  • Julian A. Brodsky, CEO and Chairman, Comcast Interactive Capital
  • Charles Butt, Founder, CEO and Chairman, H-E-B Grocery Company
  • Robert Castellini, owner, Cincinnati Reds.
  • Robert B. Cavanaugh, CFO, J.C. Penney
  • Frank Cerminara, CEO and CFO, Hershey
  • Art Collins, Chairman and CEO of Medtronic
  • Stephen Cooper, Interim CEO, Enron
  • Robert L. Crandall, Chairman and CEO of American Airlines, Inc
  • Donny Deutsch, Chairman and CEO of Deutsch Inc.
  • Mike Eskew, Chairman and CEO, UPS
  • Jerome Fisher, Founder, CEO and Chairman Emeritus, Nine West Group
  • Rakesh Gangwal, CEO and Chairman, US Airways Group
  • C. Christopher Gaut, CFO, Halliburton
  • Robert B. Goergen, Founder, CEO and Chairman, Blyth
  • Stanley Goldstein, Founder, CEO and Chairman, CVS
  • Paul R B Harner, Chairman, Berkmont Industries
  • Luiz Augusto Heeren, CEO, British-American Tobacco
  • Robert M. Hernandez, Vice Chairman and CFO, USX Corporation
  • Lee S. Hillman, Chairman, CEO, Bally Total Fitness
  • Donald D. Humphreys, COO, Exxon Mobil
  • Jon Huntsman, Sr., Founder, Chairman and CEO, Huntsman Corporation
  • Reginald Jones, Former Chairman and CEO, General Electric
  • W. Leo Kiely, III, President and COO, Coors Brewing Company
  • Yotaro Kobayashi, Chairman and Co-CEO, Fuji Xerox
  • Michael Kowalski, President and CEO, Tiffany & Co.
  • Dwayne Lamont Rayner, CEO, Renaissance Capital Management
  • Leonard A. Lauder, Founder, Chairman and CEO, Estee Lauder Companies
  • Terry Leahy, CEO, Tesco
  • William E. Macaulay, Chairman and CEO, First Reserve Corporation.
  • Alan Miller, Founder and CEO, Universal Health Services
  • Aditya Mittal, President and CFO, Mittal Steel Company
  • Robert S. Morrison, Chairman and CEO, Quaker Oats Company; former CEO of Kraft Foods
  • Arnold J. Palmer, Chairman and CEO, Hudson Industries Corporation
  • Manuel Pangilinan, CEO and Chairman, First Pacific
  • Ronald O. Perelman, Chairman and CEO, MacAndrews & Forbes Group
  • Lou Platt, Chairman and CEO, Boeing
  • Robert Potamkin, Co-Chairman and Co-CEO, Planet Automotive Group
  • Edmund T. Pratt, Jr., CEO and Chairman Emeritus, Pfizer
  • John Richards, President, Starbucks
  • Jean-Pierre C. Rosso, CEO and Chairman, CNH Global N.V.
  • Rick Simonson, President, Nokia
  • Susan M. Stalnecker, Vice President, Du Pont
  • Howard R. Suslak, Co-CEO and Chairman, Mac Donald and Company
  • Nicholas F. Taubman, CEO and Chairman, Advance Auto Parts
  • James S. Tisch, CEO, Loews Corporation
  • Laurence A. Tisch, Chairman, Loews Corporation
  • Gary L. Wilson, CEO and Chairman, Northwest Airlines
  • Kenneth L. Wolfe, CEO and Chairman, Hershey Foods
  • Richard D. Wood, CEO and Chairman, Eli Lilly and Company
  • Peter T. Worthen, CEO and Chairman, Schreiber Corporation
  • William Wrigley Jr, CEO, Wm. Wrigley Jr. Co
  • Klaus Zumwinkel, Chairman and CEO, Deutsche Post AG

Finance

High Tech

Media

Nonprofit, law and government

Real Estate

Consulting

Rankings

On December 5, 2003 Wharton enacted a policy of declining to actively participate in the rankings of business school programs. The School cited concerns for alumni and students' privacy as well as beliefs that the survey might interfere with the School's own efforts to survey them.

Some recent rankings were:

2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994
Business Week (MBA/USA) 2 3 5 1 1 1 1
Business Week (Undergraduate/USA) 1
Financial Times (MBA/Worldwide) 1 1 1 1 1 1 1 1 1
US News (MBA/USA) 3 2 2 2 3 4 3 2 2 2 3 3 2
US News (Undergrad/USA) 1 1 1 1 1 1 1 1 1 1 1 1 1
Wall Street Journal (MBA/USA) 7 6 4 1 5 18


Books on Wharton

  • Nicole Ridgway, The Running of the Bulls : Inside the Cutthroat Race from Wharton to Wall Street, Gotham, 2005.
  • Steven A. Sass, Pragmatic Imagination: A History of the Wharton School, University of Pennsylvania Press,1983.
  • Emory Richard Johnson, The Wharton school: Its fifty years, University of Pennsylvania Press, 1931.

External links

Official university sites

Wharton history

Student life

Publications

Campus Links

Template:Geolinks-US-buildingscale

References

  1. Editors; The Economist 22 September 2005 Economist archive
  2. http://mba.wharton.upenn.edu/mba/academics/curriculum/electives.php
  3. http://www.wharton.upenn.edu/mbaexecutive
  4. http://www.wharton.upenn.edu/doctoral
  5. http://www.wharton.upenn.edu/doctoral/overview/quick/

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