The University of Pennsylvania, known as UPenn, is located in Philadelphia, Pennsylvania, and it is one of the Ivy League institutions. The university has offered more than 100 different degree programs since 1757, and it is one of the oldest universities in America, founded in 1740. It is home to the United States’ first student union as well as 165 research centers. The university is proud of its historical heritage, its association with Benjamin Franklin, and its continued commitment to academic excellence.
University of Pennsylvania Accreditation Details
The University of Pennsylvania has been accredited by the Middle States Commission on Higher Education.
University of Pennsylvania Application Requirements
Applicants can apply to the University of Pennsylvania using the Common Application. Alongside the Common Application students must submit:
- Official High School Transcripts
- Standardized testing scores (either SAT with Writing and two SAT subject tests or the ACT with Writing)
- Teacher Evaluations
- Personal Essay
- $75 non-refundable fee
Students may also be contacted for an interview if they are applying for early admission. This is based on interviewer volunteer availability. These interviews take place on campus or virtually.
The University of Pennsylvania provides the following guidance on what they look for when admitting prospective students to the university. The committee values students as leaders and will make a positive impact on the campus. They also look for strong academic records achieved by students who took challenging curriculum during school. The University of Pennsylvania is interested in students who are well-rounded and active in their schools and communities. The Wharton School of Business is particularly interested in students who have taken calculus during high school and have a genuine interest in business
Tuition and Financial Aid
The estimated tuition for undergraduate students living either on campus or in off-campus housing is estimated to be $66,800 per year. This is inclusive of books, fees, room and board.
Students who are living at home are estimated to pay $55,100 per year in tuition and fees.
The Wharton MBA is estimated to cost $68,210 for the first year of tuition, but the school predicts that students will need a budget of $97,542 to cover all of the first-year expenses.
The University of Pennsylvania accepts the following types of payment and financial aid:
- Work-Study programs
- Penn Monthly Budget Plan
- Alternative Loans
- Tuition pre-payment program
Online Degree(s) Available
Wharton School of Business
The Wharton School of Business is internationally recognized as one of the leaders in collegiate business schools. The school allows students to take classes throughout the university’s course catalog as well as the core courses within the business school so that students can achieve a well-rounded education. Wharton is very active and provides many different activities for its students. The school is progressive in their teaching of leadership and other teamwork skills, and it encourages its students to take on leadership roles both in the classroom and in their lives.
Bachelor of Science/ Bachelor of Arts in Business
Students at Wharton take approximately 60 percent of their degree credits from the business school and 40 percent from the other schools at the University of Pennsylvania. Wharton offers both a Bachelor of Science and a Bachelor of Arts in Business, and the distinction will be made during the third and fourth years of study when students begin to choose their specialization tracks and career paths.
During the first two years of a business degree at Wharton, students will take the following core courses:
- Introduction to Economics for Business
- Leadership and Communication in Groups
- Foreign Language
- General Education
- Global Environment
- Managerial Economics
- Introduction to Operations and Information Management
- Business Fundamentals
- Societal and Organizational Environment courses
It is during the third and fourth years of the degree where students will be able to choose their major as well as consider a minor course. The concentration options available from Wharton are:
- Actuarial Science
- Behavioral Economics
- Business Economics & Public Policy
- Environmental Policy & Management
- Global Analysis (second concentration only)
- Health Care Management & Policy
- Insurance & Risk Management
- Legal Studies & Business Ethics (second concentration only)
- Management (specializations in entrepreneurship and innovation, multinational management, organizational effectiveness, strategic management)
- Managing Electronic Commerce (second concentration only)
- Marketing & Communication (dual concentration)
- Marketing & Operations Management
- Operations & Information Management (tracks in business analytics, decision processes, information systems, and operations management/management science)
- Real Estate
- Retailing (second concentration only)
- Social Impact & Responsibility (second concentration only)
Wharton also offers ample opportunities for students to study abroad. The study abroad options are ideal for students who are interested in global business and cultures. Students must being to plan for their year abroad one year in advance. They must also have a 3.0 GPA, be in good academic standing, have no disciplinary record, have completed the fundamental courses required for business students and meet any other criteria for their selected program.
The Wharton MBA is a full-time program that takes place over 20 months. Students pursuing an MBA can choose one or more options from a list of 18 different majors. Most students choose two majors and selective their elective courses based on a further subject of interest so they that they can maximize their options and have a fully flexible degree. Classes at Wharton are taught by both faculty and business leaders who teach business theory that is relatable to modern practices in business.
During their first year, students will be required to take a leadership course. Their leadership skills will grow as they take advantage of leadership ventures, workshops and fellowships throughout their studies. They will also be offered one-on-one executive coaching.
The Wharton MBA also offers a global learning experience with study abroad options as well as practicums and global experience at home. Students may choose from dual-degree programs as well as global courses. There is an optional global immersion program offered by the school for second-year students.
The University of Pennsylvania’s business school provides a top-tier and well-rounded education to students seeking undergraduate degrees or an MBA in business. The University of Pennsylvania focuses on flexible degrees to produce well-rounded leaders who are prepared for the world of global business.