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Wharton School of the University of Pennsylvania

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Wharton School
Image:Whartonlogo.gif
Established 1881
Type Private
Endowment $580.3 million
Staff 304
Dean Patrick T. Harker
Undergraduates 2,320
Postgraduates 1,671
Location Philadelphia, Pennsylvania USA
Campus Urban, 269 acres (1.1 km²)
Website www.wharton.upenn.edu

The Wharton School of the University of Pennsylvania is a business school founded in 1881 by Joseph Wharton, who hoped the School would produce graduates who would become "pillars of the state, whether in private or in public life." The School is considered one of the world's leading business schools.

As of 2005, Wharton offers programs 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. The School has approximately 2,340 undergraduate, 1,690 MBA and 200 doctoral students, and an alumni network of more than 81,000 in 140 countries around the world.

The School owns 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."

Twenty research centers at Wharton facilitate research that is used to update the material presented in the classroom.[1]

Contents

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History

Joseph Wharton founded the School in 1881 as the first collegiate business school in the world that was part of a wider university. His purpose was to "impart a liberal education in all matters concerning finance and economy."

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.[citation needed] 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.

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Academics

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[2]. 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.

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International study

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

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Dual and joint degrees

Wharton Undergraduates may pursue a dual degrees in engineering through the Jerome Fisher Program in Management and Technology (M&T) and international business through the Huntsman Program in International Studies and Business (ISB).

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:

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Alumni network

Wharton alumni network has 81,000+ members in 142 countries around the world. There are 82 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):

Industry:

  • Anil Ambani, Chairman/Managing Director, Reliance Industries Limited
  • Charles Butt, Founder, CEO and Chairman, H-E-B Grocery Company
  • Robert Castellini, owner, Cincinnati Reds.
  • Art Collins, Chairman and CEO of Medtronic
  • Donny Deutsch, Chairman and CEO of Deutsch Inc.
  • Mike Eskew, Chairman and CEO, UPS
  • Jon Huntsman, Sr., Founder, Chairman and CEO, Huntsman Corporation (see photo)
  • Yotaro Kobayashi, Chairman and Co-CEO, Fuji Xerox
  • Terry Leahy, CEO, Tesco
  • Aditya Mittal, President and CFO, Mittal Steel Company
  • Alan Miller, Founder and CEO, Universal Health Services
  • Robert S. Morrison, Chairman and CEO, The Quaker Oats and ex-CEO of Kraft
  • John Richards, President, Starbucks
  • James S. Tisch, CEO, Loews Corporation
  • Gary L. Wilson, CEO and Chairman, NorthWest Airlines
  • William Wrigley Jr, CEO, Wm. Wrigley Jr. Co
  • Donald Humphreys, Senior Vice President and Treasurer, Exxon Mobil Corporation
  • William E. Macaulay, Chairman and CEO, First Reserve Corporation.
  • Luiz Augusto Heeren, CEO, British-American Tobacco
  • Julian A. Brodsky, CEO and Chairman, Comcast Interactive Capital
  • Robert B. Cavanaugh, CFO, J.C. Penny
  • Frank Cerminara, CEO and CFO, Hersey
  • Stephen Cooper, Interim CEO, Enron
  • Robert L. Crandall, Chairman and CEO of American Airlines, Inc
  • 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
  • Robert M. Hernandez, Vice Chairman and CFO, USX Corporation
  • Lee S. Hillman, Chairman, CEO, Bally Total Fitness
  • Donald D. Humphreys, COO, Exxon Mobil
  • Regonald Jones, Former Chairman and CEO, General Electric
  • W. Leo Kiely, III, President and COO, Coors Brewing Company
  • Michael Kowalski, President and CEO, Tiffany
  • Dwayne Lamont Rayner, CEO, Renaissance Capital Management
  • Leonard A. Lauder, Founder, Chairman and CEO, Estee Lauder Companies
  • 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
  • Geralyn Breig, Former President, Godiva International
  • 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
  • Kenneth L. Wolfe, CEO and Chairman, Hersey Foods
  • Richard D. Wood, CEO and Chairman, Eli Lilly and Company
  • Peter T. Worthen, CEO and Chairman, Schreiber Corporation
  • Klaus Zumwinkel, Chairman and CEO, Deutsche Post AG

Finance:

High Tech:

Media:

Nonprofit:

Real Estate:

Consulting:

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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) 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
Wall Street Journal (MBA/USA) 6 4 1 5 18
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References

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    See also

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    External links

    Official university sites:

    Wharton history:

    Student life:

    Publications:

    Campus Links:

    Coordinates: 39.953° N -75.197° E


    Ivy League business schools
    Columbia Business School | Cornell (Johnson School) | Dartmouth (Tuck School)
    Harvard Business School | Penn (Wharton School) | Yale School of Management
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