Tag Archives: Wharton School

Wharton School 2015-2016 MBA Application Deadlines

The University of Pennsylvania’s Wharton School has announced the MBA application deadlines for the 2015-2016 admissions season. Round 1 Deadline Application due: September 29, 2015 Invitation to Interview Release: November 3, 2015 Decision: December 17, …

wharton MBA deadlines

The University of Pennsylvania’s Wharton School has announced the MBA application deadlines for the 2015-2016 admissions season.

Round 1 Deadline

Application due: September 29, 2015

Invitation to Interview Release: November 3, 2015

Decision: December 17, 2015

Round 2 Deadline

Application due: January 5, 2016

Invitation to Interview Release: February 9, 2016

Decision: March 29, 2016

Round 3 Deadline

Application due: March 30, 2016

Invitation to Interview Release: April 13, 2016

Decision: May 3, 2016

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To be considered for a round, complete applications must be submitted by 5:00 p.m. Eastern Time (ET) on the day of the deadline. MBA/MA–Lauder and JD/MBA program applicants may only apply to one of the first two rounds.

For more information, please visit the Wharton School’s admissions website.

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B-Schools Showcase Green Business Practices

Today’s global economy has two faces: one of exponential growth in developing countries, and the flip side—a voracious ravaging of resources by developed nations. While some business leaders continue to march in step to the …

Today’s global economy has two faces: one of exponential growth in developing countries, and the flip side—a voracious ravaging of resources by developed nations. While some business leaders continue to march in step to the “more is better” mantra, others are realizing that business as usual is not sustainable for our planet.

Earth Day may be commemorated officially on only one day of the year, but business schools around the country are using the occasion to show their dedication to tackling issues of climate change and sustainability that are at the core of doing green business.

sustainability and business

Here’s what’s going on this week at some of the top MBA programs:

Business Takes the Lead: How Innovation Will Drive Our Mitigation and Adaptation to Climate Change 2015 Conference, Wednesday, April 22, 2015, at the University of Pennsylvania Wharton School

Fight Less, Collaborate More: How to Solve the World’s Greatest Environmental Challenges, Thursday April 23, 2015, at the Stanford Graduate School of Business

UCLA Anderson School of Management is on day two of its annual Social Innovation Week, which runs April 20-23, 2015. Panelists and speakers will discuss social entrepreneurship, social impact in media and entertainment, corporate social impact and one-for-one models.

UC Berkeley Haas School of Business announced yesterday that the team from the full-time MBA program took first place in the Morgan Stanley Sustainable Investing Challenge, at Morgan Stanley’s London Headquarters on April 17. The winning team’s investment thesis was about drought mitigation innovation.

University of Michigan Ross School of Business announced today that influential Indian business leader, GV Sanjay Reddy, Vice Chairman GVK, will be the keynote speaker for Commencement on May 1st, 2015. At the event, he will share his views on the power of positive business, and how it creates a social impact on society.

And finally, Columbia Business School deserves a ‘shout out’ for its great article on the business case for going green.

This is just a sampling of the activities currently taking place on business school campuses, where sustainability and good stewardship are more than just buzz words—they are the very key to long-term economic growth and a better planet for future generations.

Earth image courtesy of Flickr user woodleywonderworks, CC 2.0

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Survey Says Wharton Beats HBS For Most Satisfied MBAs

Spurred to action by Harvard Business School‘s MBA satisfaction survey published in February, the University of Pennsylvania’s Wharton School came out with its own poll earlier this week and claims to beat out HBS by …

Spurred to action by Harvard Business School‘s MBA satisfaction survey published in February, the University of Pennsylvania’s Wharton School came out with its own poll earlier this week and claims to beat out HBS by nearly 25%. The question asked of respondents in the original survey was: how likely they would be to recommend an HBS MBA to an interested and qualified friend or colleague. The results garnered HBS a Net Promoter Score (NPS) of 41, on a par with Walgreens or Tracfone. The NPS at Wharton, meanwhile, is 51, right up there with Discover Card.

This scoring system, created by management consultants to measure customer loyalty, subtracts the share of students who were less enthusiastic about the program from those who would strongly recommend it to a friend. People who rate the MBA program 0-6 on a 10-point scale are the “detractors,” while those who give it a 9 or a 10 are considered promoters. Those in the middle are considered passives and therefore aren’t included in the score.

MBA satisfaction

image credit: The Wharton Journal

At the time of the Harbus’s anonymous survey publication, 105 students had responded. Over 249 Wharton students filled out an anonymous survey link sent via email blast and Facebook two weeks ago.

According to an article in The Wharton Journal, Wharton’s NPS of 51 was comprised of 61.85% promoters and 10.84% detractors. In the Harbus survey, the MBA program’s NPS of 41 was comprised of 62% promoters and 22% detractors. In other words, the same percentage would recommend the program, but a greater number at HBS had serious gripes about it.

The Wharton article praises the increased satisfaction score with second-years, going from 49 to 53. There’s a conundrum though, in the fact that ‘the people at Wharton’ is simultaneously the top answer for what people like about Wharton, and for what people don’t like about Wharton.

Over at the Harbus, their survey results also indicate people seem to either love or dislike the same things: classmates, classroom learning, career opportunities, and program structure. The Harbus closes its article on a hopeful note, calling the survey “the beginning of an ongoing discussion about the strengths and weaknesses of the MBA program.”

Meanwhile, The Wharton Journal says in their survey wrap-up that the administration is interested in reading the feedback, noting that Deputy Vice Dean Maryellen Lamb responded, “Given the data-driven culture of Wharton, I’m delighted to see our students express their school spirit and pride through a system like NPS.”

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Hot MBA Jobs of the Future

Are you wondering what the hot MBA jobs of the future will be? Take a look at these six up-and-coming jobs that US News & World Report highlights as well-suited for business school graduates. Not …

Are you wondering what the hot MBA jobs of the future will be? Take a look at these six up-and-coming jobs that US News & World Report highlights as well-suited for business school graduates. Not surprising, they all command solid salaries, and the US Bureau of Labor Statistics predicts hiring growth in these industries.

Here are US News’s top picks:

Operations research analyst: Higher-level operations research analysts usually have an MBA with a specialization in production and operations management. Consider top schools, such as University of Pennsylvania’s Wharton School and the Michigan Ross School of Business.

IT Manager: These professionals supervise employees, communicate with internal executives and outside vendors as well as plan various tech upgrades for their employer. Check out the excellent program for information systems at MIT Sloan School of Management.

Management Analyst: These professionals provide feedback on improving an organization’s efficiency and profitability. Competitive candidates have a few years of experience in operations, and have earned an MBA with a focus on management. Stanford Graduate School of Business and Harvard Business School have top programs.?

 Financial analyst: These professionals help companies determine when to buy and sell investments.  The Chicago Booth School of Business and the NYU Stern School of Business offer top finance programs.

HR specialist: These professionals work with a company’s employees, by doing anything from recruiting them to training them to explaining their benefits. HR specialists don’t need an MBA, but the degree will help them stand out from the competition.

Information security analyst: These analysts monitor and protect an organization’s computer network and systems. Companies prefer to hire those with an MBA. The UT McCombs School of Business and Carnegie Mellon University’s Tepper School of Business are top-notch programs for studying information systems.

As you can see, employers are looking for skilled managers to lead the way in today’s global economy. Business and management degrees can be a powerful driver of confidence and opportunity to achieve those ambitious goals.

You may also be interested in:

Strong Job Market Predicted for 2015 B-School Graduates

 

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Wharton to Offer World’s Largest Student-Run Impact Investing Fund

This week, the Wharton School of the University of Pennsylvania announced a new partnership to provide students with world-class experiential training in impact investment through an online crowdfunding platform, and to greatly expand the student-run …

This week, the Wharton School of the University of Pennsylvania announced a new partnership to provide students with world-class experiential training in impact investment through an online crowdfunding platform, and to greatly expand the student-run Wharton Social Venture Fund (WSVF), a flagship program operated under the Wharton Social Impact Initiative.

Wharton Social Impact Initiative (WSII), the School’s hub for social impact activities, research, and opportunities, will lead the collaboration with OurCrowd, an equity-based online crowdfunding platform, and investment firm Locust Walk Impact Partners.

This development makes Wharton’s offering the largest and most active student-run impact investing fund in the world.

In this unique model, WSII trains and supervises MBA and select Wharton undergraduates who staff the Wharton Social Venture Fund. These students then work with Locust Walk Impact Partners to identify genuine investment opportunities; capital for these investments will come through a dedicated social impact channel on the OurCrowd crowd-funding platform.

“We are delighted that our students are getting real-life, experiential education in impact investing,” says WSII Senior Director Jacob Gray, who oversees the Wharton Social Venture Fund. “It was important for WSII to maintain our focus squarely on the educational opportunity for students. This way Locust Walk can focus on doing great deals, OurCrowd brings a platform for investors, and Wharton brings the best students in the world.”

Founded in 2007, the WSVF portfolio has included strategy and co-investment projects, with an approach focused on companies in education, energy, health and wellness, food and nutrition, environmental sustainability, and financial inclusion. The group also annually competes in the MBA Impact Investing Network & Training Program (MIINT) and has won the competition two of the last three years.

As the largest and most active equity-funding crowd platform, OurCrowd is disrupting and democratizing the traditional Angel and Venture Capital funding models.

“Crowdfunding is a perfect way to raise funds for impact investing,” says OurCrowd CEO and Founder, Jonathan Medved. “We have already invested in companies that are changing the world in diverse areas such as disabilities, gun safety, food security, malaria diagnostics, tsunami warning, prescription drug assurance, and more. By working together with Locust Walk and the Wharton Social Venture Fund, we will dramatically expand the impact investing ecosystem.”

Locust Walk Impact Partners is led by Rob Fioretti, who received both his undergraduate and MBA degree from Wharton. The investment firm is staffed entirely by MBAs trained by the Wharton Social Venture Fund.

“Combining the talents of some of the best and brightest business minds in the world with the leading crowdfunding site in the world is a natural fit,” says Fioretti, “And we are thrilled that we will be able to offer individuals the opportunity to invest and participate in the growth of these select companies.”

The collaboration will take effect immediately. The first deals are expected to launch on the Our Crowd platform in Q2 2015.

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Stanford GSB Tops Latest US News B-School Ranking

Stanford Graduate School of Business no longer has to share the limelight at the top of U.S. News & World Report’s latest ranking of Best Business Schools for 2016. The three-way tie last year between …

Stanford Graduate School of Business no longer has to share the limelight at the top of U.S. News & World Report’s latest ranking of Best Business Schools for 2016. The three-way tie last year between Stanford, Harvard Business School and University of Pennsylvania’s Wharton School has been broken, with those schools occupying second and third place, respectively.

Chicago Booth School of Business ranks No. 4, MIT Sloan School of Management takes fifth place, and Northwestern’s Kellogg School of Management ranks No. 6. The top ten is rounded out by UC Berkeley Haas School of Business, Columbia Business School, Dartmouth’s Tuck School of Business, and, coming in at No. 10, UVA Darden School of Business.

The schools making up the top ten remain largely unchanged from last year. NYU Stern School of Business had occupied 10th place in the 2015 ranking, and Darden was at No. 12. NYU Stern is now tied in the No. 11 spot with Michigan Ross School of Business.

#11. Michigan Ross School of Business
#13. (tie) Duke Fuqua School of Business
#13. (tie) Yale School of Management
#15. UCLA Anderson School of Management
#16. Cornell’s Johnson School of Management
#17. UT McCombs School of Business
#18. UNC Kenan-Flagler Business School
#19. Olin Business School at Washington University in St. Louis
#20. CMU Tepper School of Business

The U.S. News rankings are based on a weighted average of several indicators, including overall program quality, peer assessments, recruiter assessments, placement success, starting salary and bonus, average GMAT/GRE score, undergraduate GPA and more.

To compile this year’s rankings, all 464 master’s programs accredited by AACSB International were surveyed in fall 2014 and early 2015. A total of 385 responded, of which 126 provided enough of the data needed to calculate the full-time MBA rankings.

You may also be interested in:

The Truth Behind 3 Common MBA Rankings Myths

Separate GMAT Rankings for U.S. and Asian Applicants

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