Wharton Business School Acceptance Requirements

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Business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services). It is also "any activity or enterprise entered into for profit." A business entity is not necessarily separate from the owner and the creditors can hold the owner liable for debts the business has acquired. The taxation system for businesses is different from that of the corporates. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business. A distinction is made in law and public offices between the term business and a company such as a corporation or cooperative. Colloquially, the terms are used interchangeably. Corporations are distinct from with sole proprietors and partnerships. They are separate legal entities and provide limited liability for their owners and members. They are subject to corporate tax rates. They are also more complicated and expensive to set up, but offer more protection and benefits for the owners and members.

Article Title : Business
Article Snippet :Peggy Bishop Lane on Why Accounting Is the Language of Business. Knowledge @ Wharton High School. September 23, 2013. Archived from the original on 13
Article Title : Yale School of Management
Article Snippet :The Yale School of Management (also known as Yale SOM) is the graduate business school of Yale University, a private research university in New Haven
Article Title : Columbia Business School
Article Snippet :of three schools: Harvard Business School, Columbia Business School, or The Wharton School at the University of Pennsylvania. The school's faculty are
Article Title : Cambridge Judge Business School
Article Snippet : These courses have the highest entry requirements within the Judge Business School with the lowest acceptance rates of less than 10%. All students on
Article Title : University of Pennsylvania College of Arts & Sciences
Article Snippet :collegiate school of business, the Wharton School was founded in 1881 by an endowment from Joseph Wharton. The School of Veterinary Medicine and the School of
Article Title : University of Pennsylvania
Article Snippet :medical school, which was the first medical school established in North America, and the Wharton School, the nation's first collegiate business school. Penn's
Article Title : Samuel Curtis Johnson Graduate School of Management
Article Snippet :proposal was made "sixteen years before Joseph Wharton endowed the nation's first collegiate business school at the University of Pennsylvania." At a university
Article Title : Graduate Record Examinations
Article Snippet :is that scores cannot be more than 5 years old (e.g., Wharton, MIT Sloan, Columbia Business School). Some GRE scores (usually pre-2002 ones) are accepted
Article Title : Marriott School of Business
Article Snippet :The Marriott School of Business is the business school of Brigham Young University (BYU), a private university owned by the Church of Jesus Christ of
Article Title : HEC Paris
Article Snippet :international partner business schools, including the Singapore Management University, HKUST, London Business School, Columbia Business School, Wharton, and Yale

The Wharton School of the University of Pennsylvania also known as Wharton Business School, The Wharton School or simply Wharton) is the business school of the University of Pennsylvania, a private Ivy League university in Philadelphia, Pennsylvania. Established in 1881 through a donation from Joseph Wharton, the Wharton School is the world's oldest collegiate school of business. Furthermore, Wharton is the business school that has produced the highest number of billionaires in the US.
The Wharton School awards Bachelor of Science in Economics degrees at the undergraduate level and Master of Business Administration degrees at the postgraduate level, both of which require the selection of a major. Wharton also offers a doctoral program and houses, or co-sponsors, several diploma programs either alone or in conjunction with the other schools at the university.
Wharton's MBA program is ranked No. 1 in the United States according to The MBA Guidebook and No. 1 in the United States according to the 2020 U.S. News & World Report ranking. Meanwhile, Wharton's MBA for Executives and undergraduate programs are also ranked No. 2 and No. 1, respectively, in the United States by the same publications. According to US News, MBA graduates of Wharton earn an average $159,815 first year base pay not including bonuses, the highest at leading schools.
Wharton's MBA program is tied for the highest in the United States average GMAT score of 732 (97th percentile) for its entering class. In general, Wharton has over 95,000 alumni in 153 countries, with notable figures such as Donald Trump, Jeremy Rifkin, Elon Musk, Warren Buffett, Sundar Pichai, Nassim Nicholas Taleb, Aditya Mittal, Steven A. Cohen, Jeff Weiner, Anil Ambani, John Sculley, Walter Annenberg, Leonard Lauder, Laurence Tisch, Michael Moritz, Ruth Porat, Kunal Bahl, Shellye Archambeau, and William Wrigley Jr. II. Its alumni include a U.S. President and the CEOs of SpaceX, Google, Tesla, Inc., LinkedIn, The Blackstone Group, CBS, General Electric, Boeing, Pfizer, Comcast, Oracle, DHL, UPS, Pepsi, Time, Inc, BlackRock, Johnson & Johnson, UBS AG, Wrigley Company, and Tesco.

The Wharton MBA program opens doors to greater knowledge and a global, collaborative network. The broad-based core curriculum is complemented by a wide selection of electives. Classes in the core develop essential business knowledge, while electives allow students to delve into areas of personal interest and build a major from one of 17 areas of study. Classroom learning combines with hands-on experiences to foster business leaders with the knowledge, communication prowess, and teamwork skills essential in today's organizations. With the Wharton MBA Resource Guide we encourage you to explore the academic and co-curricular resources available within Wharton, at the other schools at Penn, and through our partnerships domestically and abroad.

In 1881, American entrepreneur and industrialist Joseph Wharton had the most radical idea in the history of business: the establishment of the world's first collegiate school of business at the University of Pennsylvania. And this was only the beginning of the Wharton Schools history of leadership. In addition to writing the first business textbooks and establishing the first research center at a business school, we have produced Nobel Prize winners, founders and leaders of the worlds top companies, ambassadors, heads of state, and a US Supreme Court Justice . Wharton is home to one of the most published and most cited business school faculties in the world . We have created groundbreaking theories and best practices that have driven business and economic growth the world over as well as the people who put that knowledge to work . Today, we serve the global business community as the most comprehensive source of business knowledge in the world . Our unique heritage and deep commitment to three foundational values continue to inspire the institutional mis - sion of the School: to apply unparalleled intellectual resources to prepare business leaders who fuel the growth of industries and economies throughout the world . A continued commitment to innovation: Whartons innovative environment continues to generate the knowledge and ideas that are the building blocks of global business practice . Our faculty includes more than 225 of the worlds leading experts in 10 academic disciplines and count - less subspecialties . The Schools research enterprise is supported by 20 research centers and initiatives . We bring innovation into the classroom with new programs including technology enhanced learning tools and specialized interdisciplinary programs in global business, the life sciences, technology management, retailing, and ethics, among others . Breadth of expertise and global outreach: The expertise of our faculty creates opportunities to gain in depth knowledge in virtually every major challenge facing global business today in programs across the entire spectrum of business education . As part of the University of Pennsylvania, an Ivy League institution, we also share vast resources in business law, ethics, public policy, technology, and the life sciences more than any other business school . As the largest global business school, Wharton reaches the broadest international audience with an ever-expanding range of programs and services . Whartons global reach includes 91,000 alumni, as well as more than 1 . 8 million readers through Knowledge@Wharton . And Wharton operates around the world with two campuses in Philadelphia and San Francisco, and bases in Europe and Asia . Deep engagement with leading businesses and policy makers: Whartons impact in the classroom and the world is fueled by our long-term relationships with leading companies and global policymakers . Every year, we work with more than 1,000 com - panies, including more than two-thirds of the Fortune 500 and leading global firms, as well as government agencies around the world . This engagement in research, academic programming and curricular design enables Wharton to bridge the gap between theory and practice . It makes Wharton a unique environment where new knowledge grows in a real-world, real-time context

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