Wharton MBA Acceptance Rate- Class of 2023 Profiles and Insights

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The Wharton School MBA program is one of the top ranking courses in the USA as well as world. From the course structure to placements, the program offers students a dynamic learning environment. As a business school as well, the Wharton School is known for its faculty, expert-alumni lectures, etc.

Currently, the class of 2023 comprises 897 students out of 7,338 admission applications. Admitted students were evaluated on a comprehensive selection criteria which includes academic GPA, test scores for GMAT/GRE, recommendation letters, essays, etc. Admissions to Wharton MBA are quite competitive. The program records as low acceptance rate. Let’s look at the Wharton MBA acceptance rate trends and get an analysis of selection criteria from the MBA class profile of 2023.

Quick Links: Wharton MBA Program Deadlines | Wharton MBA Placements | Wharton Student Life

Wharton MBA Acceptance Rate

Wharton School MBA acceptance rate is 21% for Class of 2023. The UPenn business school is quite stringent in terms of MBA admissions and adheres to a holistic approach. Over the years, the school as recorded a competitive acceptance of below 25%. The Wharton MBA program admission rate of last few years has been tabulated below:

Year	MBA Acceptance Rate
2021	21%
2020	25%
2019	23%
2018	21%
2017	19%

Other US business schools with similar MBA acceptance rate includes Chicago Booth, Kellogg, Dartmouth Tuck, Michigan Ross, and Tepper. Compare Wharton School’s MBA program with other top B-schools:

Wharton MBA Class Profile 2023

The infographic mentioned below offers a details on the University of Pennsylvania’s Wharton School MBA Class of 2023:

Wharton MBA International Student Enrollments

Wharton MBA class’23 comprises 36% international students, belonging to 86 countries across the world. Other significant enrollments statistics include- 52% students are female and 7% students belong to LGBTQ+.

Wharton MBA Average GPA

The Wharton School MBA program students belonged to diverse academic backgrounds such as economics, engineering, psychology, business, etc. The average GPA of Class’23 is 3.6 on the scale of 4.0. Also Check: How to calculate GPA?

The breakdown of undergraduate majors of the current MBA students is mentioned below:

Wharton MBA GMAT Score

Submission of GRE and GMAT is necessary for admission to MBA program at UPenn. Students can opt for either of the two standardised tests. The breakdown of GMAT score of Wharton MBA class of 2023 is given below:

Average Score: 733
Median Score: 740

The average GRE score of Wharton MBA class’23 is 162 in Verbal, 162 in Quant, 4.6 in Writing.

Also Read: GRE vs GMAT for MBA Admissions

Wharton MBA Class Profile- Pre-MBA Work Experience

As mentioned above, the average pre-MBA work experience of Wharton students is around 5 years. Majority of MBA students were employed in Consulting, followed by financial services. The top 5 pre-MBA industries:

Wondering how employable the Wharton School MBA graduate are? Well, around 98% MBA graduates received full-time job opportunities in 2021. The median annual salary of MBA graduates is 155,000 USD. Check: Wharton MBA Placement reports for top recruiters and salary packages offered to the graduates.

The Wharton School MBA program is gaining popularity with each year, making its admission process stringent and aggressive. Despite that, the MBA program maintains an acceptance rate between 19%-25%. As indicated by the statistics, international students are also present at in the program in good numbers, comprising 36% of the class of 897 MBA students.

FAQs

Ques. What GMAT score is required for Wharton MBA?

Ans. Students need at least 700+ GMAT score to be considered for admission in Booth MBA program. The average score fo MBA class of 2023 is 733, whereas the median score is 740.

Ques. What are the work experience requirement for UPenn MBA program?

Ans. The full-time MBA from University of Pennsylvania Wharton School requires a work experience of minimum 1 year. As per the records, the average work experience of MBA class of 2023 is 5 years.

Ques. What is the GPA score requirement for Wharton MBA?

Ans. As per the eligibility criteria, applicants need a minimum GPA of 2.75 to apply for the Wharton School MBA program. However, the Class Profile records indicate that the average GPA of enrolled students is 3.6.

Ques. Can international students apply for UPenn MBA programs?

Ans. Yes, international students can apply for Booth MBA program. Current MBA batch includes 36% international students from 83 countries. The admission requirements for international students is same as the domestic students.

Ques. What is the acceptance rate for Wharton MBA?

Ans. For the class of 2023, the business school recorded an acceptance rate of 21% for MBA program. Last 5 year trends also indicate that the university is selective in terms of admissions and its acceptance rate is around 19% to 25%.