36mbaMission Insider’s Guide: The Wharton School · 2016–2017University of PennsylvaniaThe Wharton SchoolSummaryEstablished in 1881, Wharton is not only the oldest business school in the United States, but also the world’s first collegiate business school. In addition, it is one of the largest graduate business programs in the country, with more than 1,700 full-time students, more than 225 professors, more than 200 elective courses spanning ten de-partments, and more than 20 research centers and initiatives.Perennially ranked among the top business schools in the world, Wharton appears to be best known for its reputa-tion in finance—as its original name, the Wharton School of Finance and Commerce, would indicate. Nevertheless, the school seems to pride itself on its breadth and depth of expertise in a multitude of business areas. In that spirit, the school possesses strong programs in other fields, such as marketing, leadership, and management. Any applicant concerned about Wharton’s versatility need look no further than the school’s standing in the 2017 U.S. News & World ReportMBA rankings by specialty:• Accounting: 2 (tie)• Entrepreneurship: 7• Finance: 1• Information Systems: 9• International: 5 (tie)• Management: 3• Marketing: 2• Production/Operations: 2• Supply Chain/Logistics: 10The school also offers a consistently top-ranked real estate program, as well as a top-notch health care program and a strong focus on leadership development. According to our research for this guide, for many students, the one thing they would change about Wharton’s MBA program is that it has a reputation for excellence in finance only. Indeed, we would agree that dismissing Wharton as simply a “finance school” would be a mistake.According to a second year with whom we spoke, two other popular misconceptions about Wharton are that its students are “cocky” and that the atmosphere is “cutthroat.” This same student added that visitors are often surprised to find a student body full of “incredibly down-to-earth” individuals who tend to end up asking them-selves, “How did Iget accepted?” Rather than fostering an overly competitive environment, we learned, Wharton manages to cultivate a highly collaborative, friendly culture. What one recent alumnus we interviewed liked best
