WHARTON MBA 2008-2009

ASPIRE …
TO LEARN MORE, DO MORE
AND BE MORE.

THIS IS THE WHARTON MBA.

http://www.wharton.upenn.edu/mba

Innovative Engaged Global

Learning Community Access
page 4 page 18 page 30
2 the wharton mba innovative business education 3

WHARTON was founded in 1881 as the first

collegiate business school, and that spirit of
innovation still drives us today. Part of the Ivy
League’s University of Pennsylvania, Wharton
offers a distinctively collaborative MBA experi-
ence, unparalleled resources, and a commitment
to learning and personal growth.
We bring together the world’s top faculty,
students, alumni, and industry leaders in a
dynamic and engaged community. This diversity
of talent places you at the leading edge of new
ideas that shape global practice in the business,
non-profit, and government sectors.
Wharton is where you come when you aspire to
learn more, do more, and be more.
http://www.wharton.upenn.edu/mba
INNOVATIVE
LEARNING

“Each year, we develop new methods

to teach as technology evolves. We
incorporate simulations into the learn-
ing experience that resemble real life
problems and decisions. This way, we
can get years of experiential learning in
the matter of a semester.”

David J. Reibstein, Professor of Marketing

6 the wharton mba innovative learning 7

Curriculum
UNPARALLELED IN DEPTH AND BREADTH, classes emphasize rigorous,
analytical thinking — how to reason strategically, make decisions, and understand all
the dimensions of a business problem. With Wharton’s range of faculty expertise and
classes, you gain enormous flexibility and choice to follow your interests — including the
power to create your own, individualized major.

FEATURES
• 250+ professors
• Core curriculum centered on learning
teams and cohort system
• 19 majors, nearly 200 electives
• State-of-the-art learning
technology and facilities
• Joint MBA/MA program with the
Lauder Institute for students with
foreign language skills and a passion
for international business
• Exchange programs in 15 countries
• 15+ dual degree programs
• Experiential and simulation-based
learning
˚ Small Business Development
Center (SBDC) consulting projects
˚ Learning Lab simulations of
real-world business scenarios
• International Opportunities
˚ Global Consulting Practicum
(GCP) Designed to educate
“The advantages here are so diverse you really have the power to create MBA students in the challenges of
your workload based on your own goals and interests — or even find international business and the skills
new ones along the way. Whether individually or working as part of a of consulting
˚ Global Immersion Program
team, the knowledge you gain is immediately applicable and the career (GIP) in regions such as Asia,
possibilities are endless.” Europe, and Latin America
MAJORS
• Accounting
• Business & Public Policy
• Entrepreneurial Management
• Environmental and Risk Management
• Finance
• Health Care Management
• Human Resource & Organizational
Management
• Individualized Major
• Information: Strategy & Economics
• Insurance & Risk Management
• Management
• Managing Electronic Commerce
• Marketing
• Marketing & Operations Management
• Multinational Management
• Operations & Information
Management
• Real Estate
• Statistics
• Strategic Management

Stephanie Milk, WG’09, G’09

Dual Degree: Wharton/Lauder
Hometown: Akron, Ohio
Activities/Clubs: Dean’s Graduate Student Advisory Committee, Graduate and Professional Student
Association (GAPSA), School of Arts and Sciences Graduate Government (SasGov), Consulting Club,
Booz Allen - Lauder Research Project, Internship with Bain & Company in São Paulo, Brazil
8 the wharton mba innovative learning 9

Faculty
WHARTON FACULTY SHARE WITH STUDENTS cutting-edge research and
insights from their work with business and government leaders around the world. Faculty
members use a mix of teaching methodologies and real-world experiences to
challenge your assumptions and prepare you for your future.

Wharton’s 250+ professors — the world’s largest, most published, most cited
business school faculty — generate the knowledge and innovations that transform
global business practice and public policy. Drawn from 11 distinct departments, they
work directly with leading companies and policy-makers around the world and bring that
real-world knowledge each year into Wharton’s classrooms and more than 20 research
“I want students who are going to cut through the clutter, who know the
centers and initiatives. right questions to ask. It’s the analytical insight — a way to look at a
problem or situation, break it down, and know what you need to do to
FACULTY STRENGTHS BY DEPARTMENT INCLUDE*
come up with the answer. It’s what Wharton is really, really good at.
53 Finance 19 Accounting
49 Management 13 Real Estate
People often say that our strength is finance. Our strength is analytical
34 Operations and Information Management 12 Health Care Management thinking.”
26 Marketing 11 Business and Public Policy
22 Statistics 6 Insurance and Risk Management Peter S. Fader, Professor of Marketing, Consultant to the Music Industry
21 Legal Studies and Business Ethics

*For an updated list of faculty and strengths by department, please visit our website.

PREVIEW WHARTON KNOWLEDGE

Over the Web, to your iPod, on your cell phone, every two weeks
Wharton’s award-winning Knowledge@Wharton brings the latest
analysis and research to a global audience of 1+ million subscribers.
10 the wharton mba innovative learning 11

Curriculum Structure
first year second year
foundational

Pre-Term Courses
learning

19 MAJORS (see page 7)

foundations leadership essentials

Management Communication Ethics and Responsibility

Nearly 200 ELECTIVES
Foundations of Leadership Management of People
and Teamwork at Work
SELECTED CLASSES*
Government and Legal Environment of Business • Advanced Corporate Finance • Pricing Policy
• Corporate Development: • Private Equity in Emerging
Mergers & Acquisitions Markets
analytical

Managerial Statistics Decision Models • Corporate Valuation • Problems in Financial

Economics for Managers and Uncertainty • Entrepreneurship Reporting
conceptual framework for general management

• The Finance of Buyouts • Real Estate Investment and

and Acquisitions Analysis
strategy finance accounting operations marketing • Financial Derivatives • Sports Business Management
• Innovation, Change & • Strategic and Competitive
Competitive Corporate Financial Operations: Marketing Entrepreneurship Advantage
Strategy Finance Accounting Quality and Program • Leading Effective Teams • Urban Real Estate Economics
core business fundamentals

Productivity Design functional specialization • Legal Aspects of • Venture Capital and

Entrepreneurship Entrepreneurial Management
Global Macro- Managerial Operations: Marketing • Negotiation and Dispute • Venture Capital and the
Strategic economic Accounting Supply Strategy Resolution Finance of Innovation
Management Analysis and Chain • New Product Development
Public Policy Management • Political Environment
of Multinational Firms

THE FIRST-YEAR CORE CURRICULUM IS A DISTINCTIVE STRENGTH ELECTIVES AND MAJORS PROVIDE THE OPPORTUNITY TO DEVELOP
OF THE WHARTON MBA PROGRAM. Throughout your first year, you EXPERTISE IN ONE OR MORE AREAS OF INTEREST. The breadth of
acquire a foundation of general management skills that prepare you for success across all Wharton's resources means that many areas of interest are available for students to study.
functions and industries. You develop strategies that integrate all key areas of an Students often pursue double-majors, or may create a major to fit their needs.
organization, from finance and marketing to operations and human resources. The
program offers the flexibility to waive some core classes if you have sufficient prior
academic study or work experience.

*Wharton students are also able to take up to four classes through other schools in the University of Pennsylvania that count toward
their degree.
 12 the wharton mba innovative learning 13

learn from knowledge leaders whose work shapes public policy and drives global business thought and practice.
14
Team Work
LEARNING TEAMS ARE AN
INTEGRAL PART of the Wharton
experience. Working with other students
from diverse backgrounds, you build
skills of teamwork, collaboration, and
persuasion. Your team challenges you,
while providing an environment that
builds effective working relationships,
puts learning into practice, and develops
your individual leadership style. The
ability to lead in multicultural peer
teams is an essential skill recruiters seek
in Wharton students.
Meet the Ichiban Learning Team:
(Ichiban means “Number 1” in Japanese)
the wharton mba innovative learning 15
“If I had to pick one trait I admire most
in my learning team, it would be diversity.
Everyone brings a different point of view and
it's energizing to work towards building
consensus. It’s so applicable to real world
situations; I know I’m gaining experience
that will last a lifetime.”
Gonzalo Mibelli, WG’09 (photo top left)
Hometown: Caracas, Venezuela
Activities/Clubs: Whalasa Co-President, Rebuilding
Together House Manager, Soccer Club, Graduate
Assistant, Cohort E Athletic Rep, Finance Club,
Marketing Club, Fashion & Luxury Industries Club.
“Wharton’s emphasis is on leadership, and leadership in business is really
important to me. Our learning team experience has been a tremendous
exercise in gaining these skills. It’s really been a transformative experience.”
Omar McGann, WG’09
Hometown: Brooklyn, NY
Activities/Clubs: Follies, Whartones, Media & Entertainment Club, African American MBA Association
16 the wharton mba innovative learning 17

Leadership Learning
AT WHARTON, YOU LEARN LEADERSHIP BY LEADING. Our programs
emphasize hands-on learning, from MBA Learning Team Retreats to co-curricular
programs and fellowships to hundreds of student clubs and team projects. In addition
to the core course in Foundations of Leadership and Teamwork, our wide variety of
leadership opportunities include:

• Learning Teams — All students are • Wharton Leadership Ventures —

part of a learning team that focuses
on both task (group projects in class)
and process (teamwork and group
dynamic) success.
• Fellowships — Leadership Fellows,
Venture Fellows, and Non-Profit
Fellows are selected for intensive roles
within the leadership programs.
Leadership Fellows guide the Learning
Team Retreat and work with 1st year
teams. Venture Fellows deliver specific
Leadership Ventures. Non-Profit
Fellows explore the potential for
cross-sector collaboration designed to
create social value.
Designed as outdoor experiential
programs, ventures assist participants
in improving their capacities to think
strategically, communicate effectively,
and act decisively.
• Leadership Coaching Program —
Mentoring program that matches
students with alumni.
• Leadership Essentials — Rigorous
study of ethics, communications, and
key elements of business leadership.

Leadership Venture

A Rope Team near the summit Leadership Fellows at a Retreat

of Mt. Cotopaxi in Ecuador
 ENGAGED
COMMUNITY

“Your life becomes incredibly busy once

you start the MBA program, and
having people you can immediately
count on is important. I’ve received
a tremendous amount of support from
my professors, administration and
fellow students, and I have developed
some of the most meaningful relation-
ships of my life here at Wharton.
We’re all here for the education —
but true friendship, that's something I
didn’t expect.”

Margaux Guerard, WG’09

Hometown: New York, NY
Activities/Clubs: Fashion and Luxury Industries Club,
Marketing Club, Women in Business Club
20 the wharton mba engaged community 21

Student Life
WHARTON STUDENTS INTERACT EXTENSIVELY with faculty, staff,
alumni, and leaders of global companies and organizations to create an involved, vibrant
community. Wherever you are from — and 45% of our students are international, from
more than 80 countries — Wharton’s cohort system, learning teams, and student activ-
ities help you to develop your own networks and friendships within the community.

The energy of our community is first evident in your classes and learning teams — then “The community here at Wharton is just as robust and varied as the
continues with 110+ clubs and student conferences, countless volunteer initiatives, academics! It’s really about taking advantage of all there is to offer —
interactions with global business leaders, and all the opportunities of Philadelphia and
the Washington/New York/Boston region. from athletic clubs to professional and/or volunteer clubs. Coming from
the military, I’ve been impressed by the camaraderie that is felt here. The
MORE THAN 110 STUDENT CLUBS SCHOOL LEADERSHIP networks I’ve created from the community will carry me throughout my
• 47 professional (includes conferences) AND SERVICE OPPORTUNITIES
• Wharton Graduate Association post-Wharton life.”
• 23 international and cultural affairs
• 9 community service (WGA)
• 20 social • Dean’s Graduate Student Advisory Thomas Clarkson, WG’09
• 17 athletic Committee (DGSAC) Hometown: Jacksonville, Florida
• MBA Program Office Advisory Board Activities/Clubs: House Manager of Rebuilding Together Philadelphia, Veterans Upward Bound Tutor,
• Ethics Committee Co-President of Veterans Club, Sales & Trading Club, General Management Club, Social Impact Club
• Career Management Student Advisory
Board
• Admissions Committee
22 the wharton mba engaged community 23

Diverse Community Class Profile 2010

THE DIVERSITY OF THE STUDENT BODY is one of the most rewarding aspects 7,328 Total Applicants
of the Wharton experience, both inside and outside the classroom. Our clubs, student 1,190 Admitted Applicants
associations, and alumni groups create an active and supportive community starting with 800 Projected Enrollment
the admissions process, throughout your two years at Wharton, and as a lifelong member 64% Male
of Wharton’s alumni community. 36% Female
55% US Citizens
5% US Permanent Residents
40% International Students
26% Minority Students of US Origin
5% African-American
12% Asian-American
5% Hispanic-American
<1% Native American/Alaskan Native
3% Multiethnic
28 Average Age
18–43 Age Range
6 Average Years of Work Experience
2% 0–2 years
20% 3–4 years
38% 5–6 years
22% 7–8 years
18% 9+ years
715 Average GMAT
STUDENT DIVERSITY
660–760 GMAT Range (middle 80%)
NETWORKS INCLUDE: 3.5 Average GPA
• African American MBA 3.1–3.9 GPA Range (middle 80%)
Association (AAMBAA) 629/276/111 Average TOEFL
• Europa 72 Countries Represented
• Greater China Club 22% Married Students, Students with Partners
• India Club 5% Students with Children
• Out for Business (Out4Biz)
• Partners and Families
• Wharton African Student
Association (WASA) Data accurate as of June 25, 2008; final class profile available September 2008.
• Arabia Visit the Wharton MBA website for current and updated information.
• Wharton Hispanic American
MBA Association (WHAMBAA)
• Wharton Veterans Club
• Wharton Women In Business
(WWIB)
24 the wharton mba engaged community 25

Social Impact & Responsibility

SOCIAL IMPACT THRIVES AT WHARTON, both in our curriculum and in a wide
range of activities that involve students, administration, alumni, industry, and
philanthropic organizations. You will find ample opportunity to develop and apply the skills
that effect change — whether you are interested in a career in social impact and responsibility,
or in volunteering your time and talent for the environment and community.

SOCIAL IMPACT CLUBS AND COMMUNITY

ELECTIVES INCLUDE: SERVICE INCLUDE:
• Business Ethics & Corporate • Energy Club
Responsibility • Health Care Board Fellows Program
• Business & Public Policy (Major) • International Development Club
• Community Reinvestment • Non-Profit Board Leadership Program
• Entrepreneurship & • Non-Profit Fellows Program
Social Wealth Creation • Rebuilding Together
• Environmental Management Law • Say Yes to Education
& Policy • Social Venture Fund
• Environmental Risk Management (Major) • Summer Public Interest Fund
• Environmental Sustainability • Wharton Community Consultants
& Value Creation • Wharton Health Care International
• Ethics & Responsibility Volunteer Program (WHIVP)
• International Business Ethics • Wharton International Volunteer
• Microfinance Program (WIVP)
• Private Equity in Emerging Markets • Wharton Social Impact
• Urban Fiscal Policy • Wharton Tax Assistance Program

“It’s a very important time for social impact at Wharton, and I am the
co-chair for the 2008 Net Impact Conference. Our Dean has made
social impact one of his top initiatives, and there is tremendous
energy among the students and administration to more deeply
incorporate these issues into the curriculum and the overall experience
of MBA students.”

Jessica Foster, WG’09

Hometown: Merion Station, PA
Activities/Clubs: North America Net Impact Conference Co-Chair, Wharton Social Impact,
Wharton Community Consultants

In November 2008, Wharton will host the 16th Annual Net Impact Conference, entitled “The
Sustainable Advantage: Creating Social and Economic Value.” More than 2,000 MBA students and
professionals will come together to discuss how businesses and organizations can effectively address the social
and environmental challenges of the 21st century.
26 the wharton mba engaged community 27

Industry Engagement
AT WHARTON, YOU LEARN NOT ONLY IN THE CLASSROOM, but
also from world business leaders and policy makers directly. Opportunities range from
our Executive Speaker Series to training with mentors in our Global Consulting
Practicum, Business Plan Competition, and Entrepreneur-in-Residence Program.

Student-organized conferences and lecture series’ attract thousands of participants each

year. These events introduce you to global business and government leaders and provide
you with the managerial experience of planning and running a conference.

ANNUAL STUDENT
CONFERENCES INCLUDE:
• Consulting
• Entrepreneurship
• Finance
• Global Business Forum
(regional forums on Africa, Asia,
Europe, India, Latin America)
• Health Care Business
• Investment Management
• Marketing
• Media and Entertainment
• Private Equity and Venture Capital
• Restructuring
• Social Impact Management
• Technology
• Wharton Women in Business
• Whitney M. Young, Jr. Conference
ENTREPRENEURSHIP CONFERENCE
The Wharton Entrepreneurship conference provides an exciting and open forum for
entrepreneurs, students, venture capitalists and leaders to create and exchange ideas that
lead to new and successful ventures. Annually, it is one of the largest Philadelphia events
aimed at small businesses and entrepreneurs. The conference features panels, workshops
and one-on-one sessions to educate both experienced and budding entrepreneurs on how
to build successful organizations.
RECENT SPEAKERS INCLUDE:
Steve Ballmer VENTURE INITIATION PROGRAM (VIP)
CEO, Microsoft An educational program managed by Wharton Entrepreneurial Programs, VIP
Stephanie Bell-Rose allows students to take a business concept from a developed and researched idea
President, Goldman Sachs Foundation to implementation. Students develop their ventures from the initial stages of
Jeffrey Bezos their business through two phases of the program in a supportive, entrepreneurial
CEO, Amazon.com environment with VIP faculty and/or partner advisors.
P. Chidambaram
Finance Minister of India
Peter Loscher,
President and CEO, Siemens
Anne Mulcahy
Chairman and CEO, Xerox
Henry Paulson
US Treasury Secretary and former Chairman
and CEO, Goldman Sachs
Anne Sweeney
President, Disney-ABC Television Group
Jack Welch
Former Chairman and CEO, General Electric
Dieter Zetsche
Chairman of the Board of Management,
Daimler AG
28 the wharton mba engaged community 29

PHILADELPHIA HIGHLIGHTS INCLUDE: BOATHOUSE ROW, PHILADELPHIA MUSEUM OF ART, FAIRMOUNT PARK

Philadelphia
PHILADELPHIA, THE BIRTHPLACE OF AMERICAN DEMOCRACY and
commerce, is one of the country’s liveliest, most diverse cities, open for business all day
and fun all night. And it puts you right in the heart of the energetic East Coast corridor
— a train ride away from New York City, Washington, DC, and Boston. On campus,
your close-knit MBA community centers on Huntsman Hall. Built in 2002 for the
specific needs of Wharton’s high-tech community, Huntsman is your home away from
home on Penn’s historic Ivy League campus.

WISSAHICKON PARK, KIMMEL CENTER FOR THE PERFORMING ARTS DELAWARE WATERFRONT, RITTENHOUSE SQUARE
 GLOBAL
ACCESS

“When you just stay in one place and

do one thing, you end up living in a
bubble. Coming to Wharton and
meeting people with different expe-
riences, cultures, and backgrounds is
like bursting that bubble. It opens
your eyes to reality. And looking
to the future, that is going to be
extremely valuable.”
Sol Anitua, WG’08, G’08
Hometown: Madrid, Spain
Activities/Clubs: Non-Profit Leadership Board
Program, Europa, Catholic Club, International
Cultural Show, Finance Conference
32 the wharton mba global access 33

The Wharton MBA Student

Class of 2007

Careers
1.2% public interest
WHARTON’S CAREER MANAGEMENT SERVICES AND LIFELONG 1.2% energy 2.7% diversified financial services
CONNECTIONS create opportunities to fully utilize the skills you learn in the
4.2% real estate 1.2% manufacturing
program and position yourself for success. Employers value Wharton graduates for their
exceptional strategic thinking, breadth of core competencies, and ability to hit the ground 1.6% media &
entertainment 24.4% investment
running. banking/brokerage
27.4% consulting
Comprehensive career services help you determine the right career path and expose 58% north america
you to a wide variety of companies recruiting both on and off campus.

26% humanities/ 4% africa and middle east

OPPORTUNITIES • Diverse employment choices, including: liberal arts & sciences/math
• 6,000+ job board positions ˚ Consulting
• 200+ employer information sessions ˚ Consumer Products & Retail 5.2% latin america
23% business
• Nearly 300 on-campus company ˚ Energy 25% engineering/ <1% oceania
recruiters ˚ Financial Services information systems/
• One-on-one career counseling ˚ Health Care/Pharma/Biotech computer science
• 20+ career treks in the US and abroad ˚ Manufacturing 22% economics 11% europe
• Resume collection and distribution ˚ Media & Entertainment
• Mock interviews and resume review 6.5% investment
˚ Professional Services 4% other first degree management
• Summer internships ˚ Public Interest
˚ Real Estate 12% asia 10% asia subcontinent**
˚ Technology 7.1% technology
industries 13.7% hedge funds/private
equity/venture capital
In the past year, more than 2,000 companies engaged Wharton MBA students through 4.3% health care/
pharma/biotech 0.3% insurance
a wide range of activities that included on-campus recruiting, job board postings, and
4.5% consumer products
two dozen student treks in a range of cities worldwide. Of these companies, more than & retail
650 made at least one offer to students in the class of 2007.
TOP FULL-TIME HIRERS, CLASS OF 2007
McKinsey & Company Citi Private Bank
Google, Inc. United Nations GRADUATE EMPLOYMENT*
Bain & Company Merrill Lynch & Co. industry choices
Boston Consulting Group PepsiCo GEOGRAPHIC ORIGINS
Morgan Stanley Pfizer Inc. country of citizenship
Booz Allen Hamilton Microsoft Corporation
BACKGROUND
IBM Corp. Lehman Brothers Holding undergraduate major
Goldman Sachs & Company Yahoo! Inc.
*For a complete list of career statistics, please see the
Wharton MBA Career Management Report.

**Asia Subcontinent includes: Afghanistan, Bangladesh,

India, Maldives, Nepal, Pakistan, and Sri Lanka.

All figures are rounded to the nearest decimal and

may not total 100%.
 global access 35
The Wharton Network

Sydney
Alumni, Clubs, and Admissions Receptions

Tokyo

Ho Chi Minh City

Manila
Taipei

ASIA PACIFIC
Singapore
Seoul

Shanghai

Bangkok
Hong Kong
Kolkata Shenzhen
Beijing

Kuala Lumpur
Hyderabad
Bangalore
Chennai
ASIA

Delhi

Mumbai
Lahore

Abu Dhabi
Kuwait City
Dubai

Dar Es Salaam

Alumni
Nairobi

Johannesburg
Riyadh
EUROPE

Beirut
Moscow

THE VALUE OF YOUR WHARTON MBA continues after the two years you
Istanbul
Kiev

spend here, with lifelong connections and friendships. Our alumni network empowers
Budapest

Athens

Tel Aviv

you at every stage — 82,000+ alumni, including world leaders in corporate, non-profit,
Warsaw

Cairo

AFRICA AND MIDDLE EAST

Reception Cities: Visit us at one of more than 70 locations worldwide

and government organizations. The relationships you build give you the power to move
Munich
Frankfurt

Milan

ahead in your job, change your career, even relocate around the globe.
CARIBBEAN AND LATIN AMERICA
Brussels

Lagos
Madrid

GLOBAL ALUMNI NETWORK GLOBAL ALUMNI FORUMS*

Zurich

• 82,000+ alumni worldwide • 2009

Paris

Accra
London

˚ 6 continents ˚ Dubai
˚ 140 countries ˚ Beijing
• 80 Global Alumni Clubs ˚ Bogotá
˚ 31 US Regional Clubs • Recent forums have been held in:
˚ 40 International Clubs ˚ Cape Town
Rio de Janeiro

˚ 8 Affinity Clubs ˚ Ho Chi Minh City

˚ Lima
Buenos Aires
Sao Paolo

˚ Costa Rica
˚ Hong Kong
New York City

Washington DC

˚ Istanbul
Boston

Philadelphia

Santiago
Caracas

˚ London
˚ Mexico City
Panama City

˚ Moscow
Miami
Dallas Atlanta
Toronto

Lima

˚ Mumbai
Bogota
Salt Lake City Detroit

Charlotte

˚ Rio de Janeiro
80 Alumni Clubs

Tampa
Mexico City
Chicago

˚ Santiago
San Jose
Minneapolis

Houston
NORTH AMERICA

Austin
Seattle

*Admitted students are invited to attend

Monterrey

Wharton’s Global Forums.

San Diego
ALUMNI

San Francisco

Los Angeles
San Jose
 36 the wharton mba global access
join a network of more than 82,000 wharton alumni leading innovation around the world.
1 2
FROM FINANCE TO PHILANTHROPY, from Mumbai to Wall Street, Wharton
alumni create a legacy of leadership and vision, including:
1 Anil D. Ambani, WG’83
Chairman of Reliance ADA Enterprises, one
of India’s top three private-sector business
houses, named 2006 Businessman of the Year
by the Times of India
2 Ann McLaughlin Korologos, WG’88
Chairman of the RAND Corporation and
former Secretary of Labor (the first female
Secretary of Labor — Frances Perkins — also
attended Wharton)
3 Peter S. Lynch, WG’68
Former Vice Chairman of Fidelity Investments,
manager of the Fidelity Magellan Funds
Wharton’s Economic Summit and annual Global Forums convene business and government when it was the top-ranked general equity
leaders, alumni, and faculty to examine key issues that drive and transform the global economy. Top left: mutual fund in America
Prof. Michael Useem. Center (l to r): Art Collins, WG’73; Jon Huntsman, W’59, H’96; Prof. Thomas 4 Risa Lavizzo-Mourey, MD, WG’86
Donaldson. Bottom: Dean Thomas Robertson; Alpesh Chokshi, WG’88; Simon Pillar, WG’88. President and CEO of the Robert Wood
Johnson Foundation, the nation’s largest
health and health care philanthropy
5 6
37
3 4
5 Ruth Porat, WG’87
Head of Morgan Stanley's Financial Institutions
Group (FIG); one of the first analysts to warn
about the late ’90s tech market
6 Iqbal Quadir, G’83, WG’87
Founder of GrameenPhone. Currently the
largest telephone company in Bangladesh with
nearly sixteen million subscribers,
GrameenPhone provides telephone access to
more than 100 million rural people living in
60,000 villages
7 Corrado Passera, WG’80
President and CEO of Italy’s Intesa
Sanpaolo S.p.A.
8 Henning Schulte-Noelle, WG’73
Former Chairman of the Management Board of
Allianz SE, world's largest insurance company
7 8
38 the wharton mba
“I’d like to create more opportunities for women in the business world,
and my Forte Fellowship through Wharton is helping me make that
possible. As part of the Wharton Women in Business (WWIB)
club, I am part of an engaged group of like-minded individuals that
celebrates women in business. The involvement I have in WWIB, the
people I’ve met in and out of the classroom, as well as the vast
alumni network I will soon be a part of — this will all lead me to a
successful future.”
Wainwrote Varophas, WG’09
Hometown: Bangkok, Thailand
Activities/Clubs: Wharton Women in Business International Officer, Net Impact North America
Conference Organizer, Wharton International Volunteers Program Scoper, VP Southeast Asia Club and
Admissions Office Graduate Assistant
RECIPIENT: FORTE FELLOWSHIP
an investment in your future 39
Financing Your MBA
WHARTON IS COMMITTED to assisting all students in finding the necessary
financial resources for their education. We believe it is imperative to approach financing your
MBA with a long-term vision, understanding that a Wharton MBA is an investment in
yourself and considering the value of your degree five, 10 and 20 years after graduation.
Wharton offers a variety of fellowships, loan programs and funds, and we encourage students
to compare the fees and terms of all student loan products to determine which ones are best
suited to their individual needs. Below are just some of the financing and financial aid options
that are open to all students.
FELLOWSHIPS
Fellowships are open to all students; eligibility varies based on individual fellowship criteria.
All fellowships are awarded by the Financial Aid Office on a rolling basis after admission and
the Selection Committee awards fellowships to approximately 30 percent of first-year
students; Wharton Fellowships are also available to second-year students who excel in their
first year of study or who have financial need.
In addition to awards from the School, students may also receive funding from alumni
groups and other organizations. Moreover, some fellowship opportunities include
additional resources for students, such as mentorship from alumni in various fields such as
private equity.
LOAN PROGRAMS AND FUNDS
As an MBA is a long-term investment, most students rely on loans to cover some or all of
their education or living costs. At Wharton, approximately 87 percent of students borrow
from one or several loan programs, and students have the right to select the educational loan
provider of their choice.
For international students, most lenders require a U.S. citizen or permanent resident
co-signer, though Citibank does have a program available that does not require a co-signer.
JOHN M. BENDHEIM LOAN FORGIVENESS FUND FOR PUBLIC SERVICE
provides up to $10,000 per year for five years after graduation. A career in the public or
non-profit sector is required for eligibility.
HOWARD E. MITCHELL FELLOWSHIPS
The Howard E. Mitchell Fellowship (HEM) is a full-tuition award for exceptional
students of Hispanic, African-American, and American Indian descent.
EMERGING ECONOMY FELLOWSHIPS
These $20,000 fellowships are offered to students from emerging economies throughout
the world.
For a complete list of our fellowships, loan programs and funds, please visit the Wharton MBA website.
Policies subject to change. Please check online for updated information.
40 the wharton mba

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Contact Us
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mba.admissions@wharton.upenn.edu
THE FIRST The University of Pennsylvania values
diversity and seeks talented students, faculty and
staff from diverse backgrounds. The University
BUSINESS does not discriminate on the basis of race, color,
sex, sexual orientation, gender identity, religion,
SCHOOL, 1881… national or ethnic origin, age, disability, or status
as a disabled or Vietnam-era veteran in the
AND STILL administration of its educational policies, pro-
grams, or activities, admissions policies and
procedures, scholarship and loan programs,
LEADING THE employment, recreational, athletic, or other
University-administered programs. Questions
WAY. or concerns regarding the University’s equal
opportunity and affirmative action programs and
activities or accommodations for people with
disabilities should be directed to the Executive
Director, Office of Affirmative Action and
Equal Opportunity Programs, Suite 228,
3600 Chestnut Street, Philadelphia, PA
19104.6106 or 215.898.6993 (voice) or
215.898.7803 (TDD). Specific questions con-
cerning the accommodation of students with dis-
abilities should be directed to the Office of
Student Disabilities Services located at the
Learning Resources Center, 3702 Spruce Street,
Stouffer Commons, Suite 300, Philadelphia,
PA 19104.6027, 215.573.9235 (voice) or
215.746.6320 (TDD).

The University of Pennsylvania must reserve the

right to make changes affecting policies, fees,
curricula, or any other matters announced in this
publication.

The Federal Crime Awareness and Campus

Additional Wharton Programs:
MBA/MA-Lauder Program
web: http://www.lauder.wharton.upenn.edu/
email: lauderinfo@wharton.upenn.edu
MBA Program for Executives
web: http://www.wharton.upenn.edu/mbaexecutive/
email: mbaexec-admissions@wharton.upenn.edu
Executive Education Program
web: http://www.executiveeducation.wharton.upenn.edu/
email: execed@wharton.upenn.edu
Security Act requires all institutions of higher
education to provide information on their securi-
ty policies and procedures and specific statistics
for criminal incidents and arrests on campus to
students and employees, and to make the infor-
mation and statistics available to prospective
students and employees upon request. The
Pennsylvania College and University Security
Information Act requires Pennsylvania institu-
tions to provide information about its security
policies and procedures to students, employees
and applicants; to provide crime statistics to stu-
dents and employees, and to make those statistics
available to applicants and prospective employees
upon request. This information about Penn is
available by calling the Division of Public Safety
at 215.898.7297.

Ph.D. Programs
web: http://www.wharton.upenn.edu/doctoral/
email: doctoral-admissions@wharton.upenn.edu

Office of MBA Admissions

and Financial Aid
The Wharton School
University of Pennsylvania
420 Jon M. Huntsman Hall
3730 Walnut Street
Philadelphia, PA 19104.6340
web: http://www.wharton.upenn.edu/mba/
phone: (+1) 215.898.6183
email: mba.admissions@wharton.upenn.edu