Uploaded on May 9, 2025
Understand the financial aid options at Wharton, including need-based fellowships and merit-based scholarships available to both domestic and international students.
Financing Your Wharton MBA: Scholarships and Fellowships Overview
An Overview of the Wharton MBA Program: Class of 2026, Admissions, Scholarships & More The Wharton MBA program at the University of Pennsylvania is among the most prestigious business education programs worldwide. Known for its rigorous academics, global reputation, and industry-focused coursework, Wharton prepares students for leadership roles across sectors. The Wharton Philanthropy Fellowship offers unique opportunities for those aiming to lead, innovate, or influence organizations. This presentation explores the Wharton MBA class profile for 2026, admissions process, scholarships, employment outcomes, and more. Wharton MBA Class of 2026 Profile Class Size & Selectivity 866 students selected from 7,322 applicants, making it one of the largest and most diverse MBA classes globally. Academic & Demographic Highlights • Average GMAT: 732 • Average GPA: 3.7 • Average Work Experience: 5 years • Women: 47% • International Students: 31% • Countries Represented: 65 • LGBTQ+ Students: 10% • First-Generation College Students: 11% • Military Background: 6% Employment Outcomes & Placements Class of 2024 Employment Report Top Hiring Sectors • Median Base Salary: $175,000 • Consulting • Median Signing Bonus: $30,000 • Private Equity • Job Offer Rate Within 3 Months: 94% • Investment Banking • Technology • Venture Capital Wharton graduates benefit from personalized career coaching, global job treks, and a vast alumni network exceeding 100,000 members. Admissions & Acceptance Rate Acceptance Rate Admissions Criteria Holistic Evaluation Approximately 23%, reflecting Strong academic record, Applicants are assessed on a highly competitive leadership, initiative, and academic ability, professional admissions process. career progression are impact, leadership potential, essential for acceptance. community engagement, and interpersonal skills. Scholarships & Fellowships Scholarship Types Notable Fellowships • Need-Based Fellowships • Joseph Wharton Fellowships (merit-based) • Merit-Based Scholarships • Emerging Economy Fellowships (for developing • External Scholarships countries) • Forté Fellowships (supporting women leaders) Most fellowships require no separate application and • are awarded automatically. Prism Fellowship (LGBTQ+ community) • Howard E. Mitchell Fellowship (diversity and inclusion) • Social Impact Fellowships (social ventures) Cost of Attendance Tuition $87,970 University Fees $4,670 Room and Board $28,320 Books and Supplies $1,080 Transportation and Personal $5,522 Expenses Health Insurance $4,662 Total Estimated Cost $132,224 This estimate covers essential expenses for a single student living in Philadelphia. Prospective students should budget according to personal circumstances. Application Requirements & Interview Format Application Components • Academic Transcripts • GMAT or GRE Scores • Professional Resume • Two Essays • Two Letters of Recommendation • Application Fee Interview Process Includes a unique Team-Based Discussion (TBD) virtual group exercise followed by a one-on-one interview. The TBD assesses communication, leadership, and collaboration skills. Final Thoughts & FAQs Why Wharton MBA? Combines academic excellence, global opportunities, strong career support, and a collaborative community with a competitive acceptance rate of 23%. FAQs • Average GMAT: 732 • Cost: ~$132,224 per year • Median Salary: $175,000 (Class of 2024) • Application requires GMAT or GRE • Strong academic and professional profile needed For personalized guidance on MBA applications or interview preparation, consider reaching out to MBA Guide Consulting. Contact us: Mail: [email protected]
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