ACCEPTANCE RATE. The other two most popular functions were private equity (14.7%) and investment banking (10.3%). A sizable 24% of those admitted early in the 2019-20 cycle were legacy students. 2020-2021 Admissions at The Wharton School. Yesterday (November 18), we reported 2020 MBA graduates of Northwestern’s Kellogg School of Management also saw only a modest dip in employment rates. Courtesy of Wharton’s Instagram feed. Here’s How To Get It With Stacy Blackman Consulting, Making Your MBA Happen With Fortuna Admissions, CentreCourt Specialized Masters Admissions Festival, Backstage With Poets&Quants: Top Online MBA Admissions Event, Backstage With Poets&Quants: STEM MBA Programs, Backstage With Poets&Quants: UNDERGRAD Business Admissions Event, Poets&Quants preMBA Networking Festival | 2020, Insider’s Guides To The Top Business Schools, Wharton MBAs See Slip In Employment Rate, Median Salaries Flat, had reported significant gains in median salary, APPLICATIONS TO WHARTON SOAR BY 21% TO A NEW RECORD, Stanford GSB Cruises Into First In P&Q’s 2019-2020 MBA Ranking. Some 13.4% of this year’s graduates landed jobs outside the U.S. It’s not conclusive without more details, but the coronavirus pandemic’s impact on the report could be showing up in consumer products/retail and manufacturing, both of which are at four-year lows. The school also failed to include job offer and acceptance rates at graduation, preferring only to provide a more positive look at employment three months after commencement. 3 Harvard, No. Rejected By Harvard Business School. Use the acceptance rate as a general guide for curating a list of 10-15 schools that fall into different ranges of competitiveness. Online programs are cannibalizing many of the full-time two-year MBAs, according to the report. That list includes many of the larger mainstream MBA employers, including the big financial players Goldman Sachs, Morgan Stanley, J.P Morgan, Blackstone, and BlackRock; big tech companies Apple, Amazon, Facebook, Google, IBM and Microsoft; and global consulting firms McKinsey, Bain and Boston Consulting Group. 4 among U.S. schools, behind No. Some 91.6% reported accepting a job offer, also down from last year’s rate, which was 93.0%. There is no “typical” Wharton student, but they are all ambitious, passionate, and well-rounded people who thrive in team environments and excel as leaders. Pay for only the articles you want to read. After two years of steady gains, the median salary for Wharton MBA graduates remained flat at $150,000 this year, according to the school’s just-published 2020 employment report. The full Wharton report can be found here. Full access to in-depth articles and commentary about current MBA issues and the world's leading business schools, Hard-to-find data and analysis on the latest MBA admission trends, statistics and MBA salaries and industry choices, Member-only access to quarterly webinars with MBA admissions directors and corporate recruiters, Accelerator Members have the option to be included in an annual resume book compiled and sent to the largest employers of MBAs globally, Access to exclusive quarterly webinars with leading admission consultants who will help you get into a highly selective MBA program, Insider membership comes with all of the Accelerator benefits, plus, One-hour individual admissions consulting sessions with a P&Q preferred MBA Admissions Consultant, Monthly briefings with P&Q Founder John A. Byrne on the latest application trends, rankings, and developments at the world's top schools, Access to exclusive monthly hour-long group coaching sessions with the legendary Sandy Kreisberg, Invitation to an Insider-only annual dinner hosted by P&Q Founder John A. Byrne in New York and San Francisco, Priority for a free MBA profile assessment in our Handicapping Your MBA Odds series and other, 2021 Best MBA Programs For Entrepreneurship, 2019-2020 Poets&Quants International Top 50, Insider’s Guides to the Top Business Schools, Want HBS? Founded in 1881, Wharton is the oldest U.S. business school and second-largest behind Harvard. Wharton’s numbers resemble a trend seen at other top MBA programs that have released their 2020 employment numbers: a top-shelf MBA remains strong in an otherwise battered economy. More than two-thirds (36.2%) of the class went into finance compared to 35.8% last year, and 24.5% took consulting positions, down from 25.1%. Wharton’s employment report is skimpy and late. Thinking a recession’s a fine time to apply to business school? Start-Up Entrepreneur, Stanford GSB | Ms. East Africa Specialist, GMAT 690, GPA 73.45 % (No GPA in undergrad), GMAT 760, GPA 3.5 / 4.0 in Master 1 / 4.0 in Master 2, Poets&Quants | Wharton MBAs See Slip In Employment Rate, Median Salaries Flat. We will update this page with news about partnerships like these that may offer a free or discounted membership. © 2020 The Philadelphia Inquirer, LLC Terms of Use/Privacy Policy/California Notice California residents do not sell my data request. Peak of 28.3 % in 2017 from $ 135,000 last year just 5.6 of... Industries for Wharton MBAs -- 21 % in 2019-2020 -- to a new.! Update this page with news about partnerships LIKE these that may offer a free or discounted membership LIBERAL ARTS the! Faring this fall students, making it a dynamic learning environment all industries 2019! 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