The Wharton School of the University of Pennsylvania is the business school of the private Ivy League university in Philadelphia. Established in 1881 through a donation from Joseph Wharton, it is the world’s oldest collegiate school of business. Current and former CEOs of Fortune 500 companies including Alphabet Inc., General Electric, Boeing, Pfizer, Comcast, Oracle, PepsiCo and Johnson & Johnson are also Wharton school alumni.
About Wharton School in brief
The Wharton School of the University of Pennsylvania is the business school of the private Ivy League university in Philadelphia. Established in 1881 through a donation from Joseph Wharton, it is the world’s oldest collegiate school of business. Wharton’s MBA program is tied for the highest in the United States with an average GMAT score of 732 for its entering class. Current and former CEOs of Fortune 500 companies including Alphabet Inc., General Electric, Boeing, Pfizer, Comcast, Oracle, PepsiCo and Johnson & Johnson are also Wharton school alumni. The school was meant to train future leaders to conduct corporations and public organizations in a rapidly evolving industrial era. It is also credited with founding the academic field of industrial relations as well as several capacities in federal government, most notably as a mediator and arbitator in the federal government. It also helped establish the statistical procedure for measuring the gross domestic product, which later led an international effort to establish the same information for all national economies. It was also responsible for the creation of the econometric model of the economy, which combined economic theory with mathematics, providing another way to test theories and theories of economic trends and also measured seasonability and stock, stock, and stock price trends. It has been named after Wharton professor George W. Taylor, who later won the Nobel Prize in Economics for his work in the field of economic theory and statistics. The Wharton business school is located in Philadelphia, Pennsylvania, and is a member of the University of Pennsylvania’s Ivy League network.
It offers a doctoral program and houses, or co-sponsors, several diploma programs either alone or in conjunction with the other schools at the university. It’s alumni include current U.S. President Donald Trump, SpaceX founder Elon Musk, and billionaire investor Warren Buffett. The business school was founded by Wharton Professor Joseph Wh Barton in 1879. It became the first business school established in theUnited States. It now offers Bachelor of Science in Economics degrees and Master of Business Administration degrees at the postgraduate level, both of which require the selection of a major. The MBA for Executives and undergraduate programs are ranked No. 3 and No. 1 in the U States respectively by U. S. News & World Report. The university’s MBA graduates of Wharton earn an average USD 159,815 first year base pay not including bonuses, the highest of all the leading schools, according to the magazine. It teaches students how to run a business in a fast-growing, high-tech and high-paying industry such as finance, finance, insurance, real estate, manufacturing, retail and health care, and other fields. It began as a business school for finance and commerce and later became the Wharton Business School for Finance and Commerce. It changed its name to simply Wharton in 1972. It currently offers a number of programs, including a doctoral degree program and a master’s degree program in business administration. Its alumni include the CEOs of Alphabet Inc., General Electric and Boeing, among others.