What’s therisk in gettingan MBA ?

risk:benefit risk | invest yield | lead collaborate | trial error

(Wharton Innovates)

(there are no guarantees in today’s world.)

Investing two years to complete aWharton MBA is a risk. The benefit?You’ll develop the business and leadershipskills to realize your career goals, gainingmore than you ever imagined.

An MBA is a long-term investment. If youhave big goals, the only thing riskier thantaking a chance is playing it safe.

Find out if Wharton is right for you:www.wharton.upenn.edu/mba

invest,

yield.

“My biggest surprise aftertwo years at Whartonwas how well I fit here— how you’re allowed tobe whoever you are. Theculture does not forceyou to fit a preconceivednotion of a leader or abusiness person. Itencourages you to be thebest version of yourself.”

Damian Olive, WG’03Hometown: Buenos Aires, ArgentinaEducation: B.S. in accounting, Universidad Católica ArgentinaWork History: 5 yrs., most recently as assistant vice president, Bank of America, Buenos AiresMajors: Finance and EntrepreneurialManagement

www.wharton.upenn.edu/mbaCatalog? Forget it. Join Wharton’s online community and —• participate in online discussions• read MBA diaries of current students and recent alums• explore student profiles• watch video essays

Wharton InnovatesGo online …• dialogue with peers• offer your perspective• understand our perspective• investigate our program• meet students, faculty, and alumni• discover Philadelphia• submit your application

valueCommunity

Integrity

Curiosity

Innovation

Flexibility

Diversity

Challenge

(Wharton Innovates)

MBA Program Overview Class Profile 2005*

Innovative Learning° First business school (1881)° 18 research centers° 250+ faculty° 18 majors, 200+ electives° Cohort learning model° New state-of-the-art building,

Jon M. Huntsman Hall° San Francisco campus, Wharton West° Global Immersion Program (GIP)° Global alliance with INSEAD° 13 student exchange programs ° Wharton Research Data Services (WRDS)° Knowledge@Wharton

Community° More than 100 Student Clubs—

° 42 professional (includes conferences)° 16 athletic° 23 international and cultural affairs° 11 community service° 16 social

° Wharton Leadership Lectures ° School Governance Opportunities—

° Dean’s Graduate Student Advisory Committee

° Academic Services Board° Ethics Committee° Career Management Office Advisory

Board° Admissions Committee° Wharton Graduate Student

Association (WGA)

Leadership° Learning Team Retreat° Leadership Ventures—

° Military venture at Quantico° Ecuador expedition° Peacekeeping mission at Ft. Dix° Historic Gettysburg battlefield° Wharton Initiative for Leadership

Learning (WILL)° Leadership Development Club° Leadership Fellows Program° Ethics and Responsibility Training

Careers ° 250+ employer information sessions° 450+ on-campus company recruiters° One-on-one career counseling° 15 career treks in U.S., Europe, Asia,

and Latin America° Resume collection and distribution ° Mock interviews and resume review° Summer internships° 76,500 alumni worldwide—

° 6 continents° 137 countries° 3,350 in Asia° 2,900 in Europe° 1,200 in Caribbean and Latin America

° 82 alumni clubs° Regional alumni forums° Online alumni network

The University of Pennsylvania values diversity and seeks talented students,faculty and staff from diverse back-grounds. The University does not discriminate on the basis of race, color,sex, sexual orientation, religion, nationalor ethnic origin, age, disability, or statusas a disabled or Vietnam-era veteran inthe administration of its educationalpolicies, programs, or activities, admis-sions policies and procedures, scholar-ship and loan programs, employment,recreational, athletic, or other University-administered programs. Questions orconcerns regarding the University’sequal opportunity and affirmative actionprograms and activities or accommoda-tions for people with disabilities shouldbe directed to the Executive Director,Office of Affirmative Action and EqualOpportunity Programs, Suite 227, 3600Chestnut Street, Philadelphia, PA19104.6106 or 215.898.6993 (voice) or215.898.7803 (TDD). Specific questionsconcerning the accommodation of students with disabilities should bedirected to the Office of StudentDisabilities Services located at theLearning Resources Center, 3820 LocustWalk, Harnwell College House, Suite 110,215.573.9235 (voice) or 215.746.6320 (TDD).

The University of Pennsylvania mustreserve the right to make changes affect-ing policies, fees, curricula, or any othermatters announced in this publication.

The Federal Crime Awareness andCampus Security Act requires all institu-tions of higher education to provideinformation on their security policies andprocedures and specific statistics forcriminal incidents and arrests on campusto students and employees, and to makethe information and statistics availableto prospective students and employeesupon request. The Pennsylvania Collegeand University Security Information Actrequires Penn to provide informationabout its security policies and proceduresto students, employees and applicants;to provide crime statistics to studentsand employees, and to make those statistics available to applicants andprospective employees upon request.This information about Penn is availableby calling the Division of Public Safety at 215.898.7297.

Total Applicants 7,200Total Admitted Applicants 1,130Projected Enrollment 799Male 66 %Female 34 %U.S. Citizens 60 %U.S. Permanent Residents 9 %International Students 31 %Minority Students of U.S. Origin 31 %

African American 6 %American Indian or Alaskan Native < 1 %Asian American 17 %Hispanic American 5 %Multiethnic 1 %Pacific Islander American < 1 %Other 2 %

Average Age 28Age Range 21 – 46Average GMAT 714GMAT Range (middle 80%) 660 – 760Average GPA 3.5GPA Range (middle 80%) 3.0 – 3.9Average TOEFL 642/ 281Countries Represented 57Married Students, Students with Partners 17 %Students with Children 2 %

* Data accurate as of July 1, 2003; visit www.wharton.upenn.edufor current statistics.

(challenge the expected)

“When I first got here, most peopledidn’t know what to make of the fact that I had been in the PeaceCorps. But when I started gettinginvolved in clubs, I met people whoshared my interests. Now I’ve gottento be a kind of champion for thepublic interest, and I’ve been able topush past the stereotypes that surround business school.”

Anne Fazioli, WG’05Hometown: Chicago, ILEducation: B.S. in business administration,University of Arizona Work History: 4 yrs., most recently as smallbusiness development and women’s devel-opment specialist, Peace Corps, Panama Majors: Individualized — InternationalBusiness Development (Wharton), Latin American Studies/Emerging Markets(SAIS dual degree)

“What people say is true: the

curriculum is quite

But it’s worth it. Wharton offers the rareopportunity among MBA programs to pursuespecialized electives — topics like speculativemarkets that many business schools don’t cover— and to explore them with world experts.” Evangeline Yap, WG’03

benefit.

rigorous.

Favorite Classes (2003 student survey)Advanced Corporate FinanceAdvanced Real Estate Investment and AnalysisCompetitive Strategy Cost AccountingDecision Models and UncertaintyEntrepreneurship and Venture InitiationEthics and ResponsibilityFixed Income SecuritiesFoundations of Leadership and TeamworkGeopoliticsGlobal Strategic ManagementGovernmental and Legal Environment

of BusinessHealth Care Field Application ProjectInformation: Industry Structure and

Competitive StrategyInnovation, Change & EntrepreneurshipInternational Development StrategyMacroeconomic Analysis and Public PolicyManagement CommunicationsMarketing Management: Program DesignMarketing Management: StrategyNegotiation and Dispute ResolutionOperations Management: Supply Chain

ManagementPricing PolicyPrivate Equity in Emerging MarketsPrivatization: International Perspective Probability Modeling in MarketingReal Estate Independent StudySpeculative MarketsUrban Real Estate EconomicsVenture Capital and Private Equity Finance

Technology Club, Wharton African AmericanMBA Association, Wharton Follies, WhartonInternational Volunteers, Wharton WildmenHockey, Wharton Women in Business, Wine Club (2003 student survey)

Favorite Things About Penn“There’s no doubt that Wharton is the focal partof your life here, but it’s part of the University ofPennsylvania community, which offers so manyother resources. For example, I’ve always had aninterest in archaeology. The Museum of theUniversity of Pennsylvania is the most importantarchaeological museum in the Americas, and Iwas able to organize tours for other Whartonstudents.” — Neil Gupta, WG’04

“At Wharton, we recognizetradition and history as an important part of theUniversity; just as Penn is a big part of Philadelphiahistory, Philadelphia is ahuge part of U.S. history.” — Brian Wong, WG’03

Favorite Living Opportunity“A large majority of the classcomes from outside ofPhiladelphia, so we build ourcity in relation to each other.It’s hard for me to judgePhilly objectively. I love theplace so much because forme, Philadelphia means Wharton, and Whartonmeans friends.” — Damian Olive, WG’03

“When I came to Wharton, I made a consciousdecision not to live in a high-rise. Philadelphia isone of the oldest big cities in the country, and Iwanted to appreciate its architecture on a dailybasis. I live in a Center City walk-up with highceilings and hardwood floors. It has the pros andcons of an old place, but it has an incredibleamount of charm. It really reflects Philadelphia’spersonality.” — Stephanie Mann, WG’04

Favorite PhiladelphiaRestaurants Alma de Cuba, AudreyClaire, Azafran, Bards,Bistro La Baia, Bleu,Bluezette, Buddakan,Café Spice, Continental,Dimitri’s, Django, Fork, K-town Barbecue, La Viola, Le Bec Fin, Mama Palma’s,Marrakesh, Monk’s, Morimoto, Pattaya Grill,Penang, Pho 75, Pod, Rouge, Shiroi Hana, SilkCity, Striped Bass, 20 Manning, White Dog,Zanzibar Blue, Zocalo (2003 student survey)

Favorite Philadelphia Places Philadelphia Museum of Art, Fairmount Park,Wissahickon Park, Kimmel Center, BoathouseRow, Delaware waterfront, RittenhouseSquare Park (2003 student survey)

Favorite Stress Relievers “Two mornings a week I ride my bike to theboathouse at 5:45 a.m. to serve as coxswainon an otherwise all-male boat on the crewteam. I never knew getting eight guys torow together would be so challenging!”— Tamara Paton, WG’04

“The way I deal withstress is to run. I did thePhiladelphia Marathon,which starts at thePhiladelphia Museum ofArt, takes you down toOld City, up Chestnut

Street through West Philly, past the zoo, out toward Manayunk, then back to themuseum. I trained for it by running throughFairmount Park. It’s a fantastic place to getaway from it all.” — James Warner, WG’03

Favorite Extracurricular ActivitiesAsia Club, Europa, Guide Mentors, ImprovClub, Investment Management Club,Marketing Club, Media & EntertainmentClub, Out 4 Business, Say Yes to Education,

get online

Penn and Philadelphia

(www.wharton.upenn.edu/mba)

team (work)

“We’re here to take risks —not stay comfortable and fallback into the same ways ofdoing things. Instead of onlydoing what we’re already goodat, we learn from each otherand try to improve on what we don’t know. ”— Neil Gupta, WG’04

“The learning team is an experimentalground where you can try things out.If you’re somebody that in the past has been just part of a team but morequiet and you want to try to be moreof a leader, here’s a great opportunitywith low risk to try to take control anddo that.”— Derek Robinson, WG’04

lead: collaborate

“Working together, we all have changed a little bit.We’re listening to each otherbetter, especially in MarkStratprojects. Compared to otherpeople in China, I was consid-ered talkative, but here I’mnot good at speaking up in agroup. My teammates heretalk a lot, so working withthem has helped me improve.Now I notice that we nevermake decisions before we allspeak out.” — Yu Qian, WG’04

“The way the learning teams are structured is veryimportant — there’s no defined leader. We all haveto reach decisions by consensus. If we feel stronglyabout a point of view or a course of action, we needto convince our team members.” — Sam Hariri, WG’04

trial: error

(anticipate transformation)

Emeka Orjih, WG’04Hometown: Enugu, NigeriaEducation: B.S. in biochemistry,University of NigeriaWork History: 8 yrs., mostrecently as CEO of Max Ltd.,NigeriaMajor: Undecided

“There was something remark-able about my first year atWharton. I found my confidencein my abilities growing.Suddenly, I was entertainingideas that never would haveentered my head a year ago. Myimagination expanded overnight.I don’t know exactly where orwhen it happened — in class,outside of class, in clubs, in thelearning team — but Whartonhas changed the size of mythoughts and the manner of mythinking.”

explore the Wharton community and discover if it’s theright place for you:

• attend an event• visit the Wharton campus• go online

“The warmth and openness of thestudents is something that hassurprised me about Wharton. Ialways knew that Wharton wasdiverse, but I didn’t know howwilling students would be to openup and help each other profession-ally and personally. We’re here toteach each other as well as learn.”— Priscilla Cham, WG’04

www.wharton.upenn.edu/mba

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