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MBA Courses at University of Pennsylvania

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Dark Clock Icon Last updated on 30 Oct '24, by Akansha katariya (Study Abroad Expert)

UPenn MBA/PGDM
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The University of Pennsylvania MBA deadlines for round 1 and round 2 are Jan 3, 2025, and Apr 2, 2025, respectively. The decision deadline for Round 1 is Apr 1, 2025, and May 13, 2025, for Round 2.

University of Pennsylvania MBA Highlights 2025

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Commonly asked questions
On Highlights

Q:   Which one is better for MBA - Harvard Business School or Wharton Business School?

A: 

Harvard Business School of Harvard University as well as the Wharton Business School of the University of Pennsylvania are one of the top three business schools in the world and thus getting a degree from either of these is equally prestigious. In terms of rankings, the Wharton Business School has an upper hand. However, Harvard Business School offers more affordable education.

We have given below a comprehensive comparison of both the business schools below:

ParticularsHarvard Business SchoolThe Wharton School
QS Global MBA Ranking 2024#3#2
Acceptance Rate3.4%5.9%
Average Package

Median Base Salary: USD 175,000 (INR 1.45 Cr)

Median Signing Bonus: USD 30,000 (INR 25 L)

Annual Base Salary: USD 175,000 (INR 1.45 Cr)

Signing Bonus: USD 30,000 (INR 25 L)

Guaranteed Bonus: USD 30,000 (INR 25 L)

First-year Tuition FeesINR 18 L - 62 LINR 35 L - 73 L

Conversion Rate: 1 USD = INR 83.17

Q:   How much does Wharton MBA cost for Indian students?

A: 

Wharton's MBA application cost is $275 and is non-refundable. With your application, you can pay by credit card (Visa, MasterCard, or American Express). MBA at Wharton for Indian students is quite expensive. The table below highlights the total cost of pursuing MBA at Wharton:

1st year tuition fees

Fees components

Amount

Tuition & fees

INR 70,06,349

Other expenses in 1st Year

Fees components

Amount

Hostel & Meals

INR 14,28,445

Insurance

INR 3,32,594

Transportation

INR 73,470

Books and Supplies

INR 5,59,524

Personal Expenses

INR 3,40,106

Total

INR 27,34,139

 

Q:   What are the benefits of attending the University of Pennsylvania for MBA?

A: 

Master of Business Administration (MBA) is one of the best courses offered in the University of Pennsylvania. With the help of this course, students get to develop communication skills, analytical and strategic thinking abilities, and leadership skills by getting to work in teams.

For international students, the university offers a major benefit for candidates pursuing the MBA programme in one of the following concentrations: Business Analytics; Business Economics & Public Policy; Business, Energy, Environment & Sustainability; Environmental, Social & Governance Factors for Business; Finance; Operations, Information & Decisions; Quantitative Finance; Social & Governance Factors for Business; and Statistics. All of these specializations are STEM focused and they make an overseas student eligible for 36 months of post-completion OPT, as compared to 12 months for a non-STEM major.

Given below are the details of the UPenn University MBA:

ParticularsDetails
Duration

1 - 2 years

Annual Fee

INR 35 L - 73 L

Course Types

Full-time MBA

Evening MBA

Hybrid MBA

Executive MBA 

Accreditation

Association to Advance Collegiate Schools of Business (AACSB)

Specializations

Accounting

Business Analytics

Business Economics & Public Policy

Business, Energy, Environment & Sustainability

Diversity, Equity & Inclusion

Entrepreneurship & Innovation

Environmental, Social & Governance Factors for Business (ESGB)

Finance

Healthcare Management

Management

Marketing

Marketing & Operations

Multinational Management

Operations, Information & Decisions

Organizational Effectiveness

Quantitative Finance

Real Estate

Social & Governance Factors for Business

Statistics

Strategic Management

Median Annual Base Salary

USD 175,000 (INR 1.46 Cr)

Median Signing Bonus

USD 30,000 (INR 25 L)

Median Guaranteed Bonus

USD 30,000 (INR 25 L)

Conversion Rate: 1 USD = INR 83.49

Q:   Which is better for MBA Harvard or Wharton?

A: 

Since Wharton has a better reputation for the technical aspects of finance than Harvard does today, it is slightly more prestigious than Harvard in the field of finance.  But in the consulting arena, Harvard is high above Wharton, and the combined effect gives the edge to Harvard.

Both Wharton and Harvard Business School are renowned schools, and receiving an MBA from one of them can open up important chances for career progression. The choice between the two programs should ultimately be based on personal tastes and goals, as each programme has distinct advantages and disadvantages of its own. To find out which programme best fits your goals for both your personal and professional life, it may be good to explore its professors, alumni network, and career outcomes.

Below table highlights the difference between both the universities:

Name of The University

Ranking

TIMES HIGHER EDUCATION

Acceptance Rate

MBA Tuition Fee

Harvard University 

# 2 for Business by (THE) 2023

4.0%

INR 61.84 L - 71.11 L

Wharton (University of Pennsylvania )

# 14 for Business by (THE) 2023

6%

INR 70.06 L

 

Q:   How can I get admission to the University of Pennsylvania for an MBA?

A: 

International students willing to apply for an MBA programme can apply through the university portal. They must fulfill the basic eligibility and submit the required documents along with the application fee. The student must complete their college-level education equivalent to a four-year American undergraduate or baccalaureate degree before applying. Then submit documents such as background information, essay, GMAT/GRE score, resume, LOR, transcripts, and English language proficiency score and pay USD 90 (INR 7.5K) as the application fee to apply at the university.

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University of Pennsylvania MBA Rankings

University of Pennsylvania MBA 2024 FAQs

Q:   Is Wharton better than Harvard MBA?

A: 

Since Wharton has a better reputation for the technical aspects of finance than Harvard does today, it is slightly more prestigious than Harvard in the field of finance.  But in the consulting arena, Harvard is high above Wharton, and the combined effect gives the edge to Harvard.

Both Wharton and Harvard Business School are renowned schools, and receiving an MBA from one of them can open up important chances for career progression. The choice between the two programs should ultimately be based on personal tastes and goals, as each programme has distinct advantages and disadvantages of its own. To find out which programme best fits your goals for both your personal and professional life, it may be good to explore its professors, alumni network, and career outcomes.

Below table highlights the difference between both the universities:

Name of The University

Ranking

TIMES HIGHER EDUCATION

Acceptance Rate

MBA Tuition Fee

Harvard University 

# 2 for Business by (THE) 2023

4.0%

INR 61.84 L - 71.11 L

Wharton (University of Pennsylvania )

# 14 for Business by (THE) 2023

6%

INR 70.06 L

Q:   Is Wharton MBA hard to get into?

A: 

The University of Pennsylvania (Wharton) is ranked third in the list of Best Business Schools. With an acceptance rate of 10-13%, getting into Wharton isn't impossible, but it's also not simple. While the average GMAT score for admitted students is 700+, Wharton accepts applications with GMAT scores as low as 600 or as high as 500. A Wharton MBA applicant's average GMAT score is 700+. This won't prevent you from being admitted if your score is less than 700. Wharton claims unequivocally that there are no minimum GMAT or GRE score criteria for admission to their MBA program.

Q:   How much does Wharton MBA cost for Indian students?

A: 

Wharton's MBA application cost is $275 and is non-refundable. With your application, you can pay by credit card (Visa, MasterCard, or American Express). MBA at Wharton for Indian students is quite expensive. The table below highlights the total cost of pursuing MBA at Wharton:

1st year tuition fees

Fees components

Amount

Tuition & fees

INR 70,06,349

Other expenses in 1st Year

Fees components

Amount

Hostel & Meals

INR 14,28,445

Insurance

INR 3,32,594

Transportation

INR 73,470

Books and Supplies

INR 5,59,524

Personal Expenses

INR 3,40,106

Total

INR 27,34,139

Q:   An MBA from Wharton worth it?

A: 

The Wharton MBA is ideal for people who want to improve their business and leadership abilities in order to advance in their careers. In fact, the Wharton MBA has regularly ranked among the best MBA programs in terms of Full-Time Job Offers and 20-Year Earnings. Wharton's MBA programme can help you sharpen your vision, learn new skills, and expand your professional network, resulting in a myriad of employment opportunities. It is vital to investigate critical variables such as alumni network, curriculum, class size, professors, and research centers to evaluate whether Wharton is the ideal business school for you. The Wharton MBA programme enhances earning potential, expands professional prospects, and offers several intangible benefits.

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Akansha katariya

Study Abroad Expert

Akansha katariya is a content creator at shiksha.com, creating content for study abroad. Having pursued B tech. in Electronics and communication from RGPV University, she has been creating content across diverse domains. When not guiding students, sh...Read Full Bio
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