Most applicants’ dream is to join the esteemed Wharton MBA program but they become limited with financial concerns.
However, fret not, for countless aspiring scholars face similar dilemmas, especially those eyeing international studies.
In this post, we’ll delve into the array of MBA ( Master of Business Administration) scholarship avenues available at Wharton, crafted to support driven individuals like yourself poised to leave an indelible mark on the global academic landscape.
MBA Scholarship at Wharton School, University of Pennsylvania
Did you know that Wharton school has different opportunities for international students who wishes to apply for an MBA program but are unable to proceed with their dreams as a result of financial constraints.
You stand a chance to a fully funded or partially funded scholarship in 2024.
About MBA Scholarship at Wharton School, University of Pennsylvania
The Wharton School at the University of Pennsylvania isn’t just another business school it’s a globally acclaimed institution that stands shoulder to shoulder with the elite HSW (Harvard/Stanford/Wharton) trinity.
Renowned for its legacy of fostering innovation across diverse sectors, from finance to technology and beyond, Wharton serves as a magnet for future leaders committed to driving meaningful change on a global scale.
Wharton MBA Scholarship Benefits
Here are accessible benefits:
Howard E. Mitchell Fellowships: full tuition
ROMBA Fellowships: (I) Minimum of $20,000 (ii) An all-expenses-paid retreat
Wharton Prism Fellowship: Full Wharton tuition for the two years MBA program
Friends of Israel MBA Fellowships: Full two years-tuition award
Wharton Fellowships for Current Students: Additional support amount depending on the beneficiary’s existing loan balances, prior fellowships, and other support received.
Eligibility Criteria for MBA Scholarship at Wharton School
To qualify for this scholarship you must fulfil the following:
Excellent academic record
Exceptional professional development
Community involvement
unique personal qualities and background
Minimum Requirements to Apply to the MBA Program
Completion of an undergraduate program in an accredited U.S. college or its equivalent in another country.
Results of the Graduate Management Admissions Test (GMAT) or the Graduate Record Examination (GRE).
Submission of Online Wharton application.
Applicable Courses
- Accounting
- Business Economics and Public Policy
- Finance
- Health Care Management
- Legal Studies and Business Ethics
- Management
- Marketing
- Operations, Information & Decisions
- Real Estate
- Statistics
Application Strategies
Crafting a compelling application for Wharton MBA scholarships requires strategic finesse. Here are key tactics to boost your chances:
Highlight Your Unique Journey:
Share your distinctive experiences and ambitions to set yourself apart from other applicants vying for the same opportunities.
Demonstrate Academic and Professional Distinction:
Showcase not just your academic prowess but also your notable achievements and advancements in your professional journey.
Accentuate Contributions to Community and Diversity:
Highlight your involvement in community initiatives and efforts to promote diversity, underscoring your commitment to creating positive change.
Align Goals with Wharton’s Resources:
Clearly outline how Wharton’s extensive resources and network will play a pivotal role in realizing your career aspirations.
Mastering these approaches is essential for crafting an application that resonates with Wharton’s esteemed admissions committee and sets you on the path to securing coveted scholarships.
A Complete Application will Consist of the Following Items:
Background information
Application fee:
The application fee for Wharton’s MBA program is $275 and non-refundable. It can be paid by credit card (Visa, MasterCard, or American Express), with your application.
Two Essays:
Essay 1: Outline your strategy for leveraging the Wharton MBA program to attain your future career objectives, taking into account your prior experiences, short and long-term aspirations, and the resources accessible at Wharton.
Essay 2: Describe your intentions for making significant and tailored contributions to the Wharton community, considering your personal, professional, and academic background. Please note: First -time applicants are required to write Essay 1 and 2
Transcripts:
To apply for the MBA program, you must provide transcripts of all academic coursework completed at the undergraduate level and beyond, regardless of credit or degree status. You have two options for submitting your transcripts:
- Upload unofficial transcripts.
- Self-report your grades using our Online Transcript Template.
Two letters of recommendation:
We ask for two letters of recommendation from individuals who are familiar with your performance in a professional setting, preferably from a current or former supervisor.
- The title or position of the recommender is less important than their ability to provide insightful and specific comments about you. Please choose recommenders who can offer direct insights into your skills and abilities.
- All recommendations must be submitted electronically. Once you have reached out to your recommenders, please fill out the form on the Recommendations page.
If you need to make changes to your selection of recommenders, you can do so even if a recommender has not yet started their recommendation.
You can delete them and assign a new recommender.
Please note that while your new recommender won’t appear on the recommendation page of your application, we will see the updated listing when you submit your application.
If you or your recommender have any questions, please contact mbarecs@wharton.upenn.edu.
GRE or GMAT score:
As an institution, we welcome scores from tests taken either at a designated test center or remotely from home.
It’s important to note that all at-home tests are closely monitored by a human proctor online to ensure integrity and fairness.
Additionally, applicants have the option to self-report their scores.
When providing your scores within the application, kindly list your highest score as the primary one.
This helps us better understand your academic achievements and capabilities.
The GMAT code for the Wharton MBA Program is G56-97-73. The GRE code is: 6802.
English proficiency test score:
Applicants from non-native English speaking country will be required to submit ether IELTS, PTE or TOEFL
Resume:
Please upload a concise one-page resume focusing on your functional job skills, depth of experience, leadership abilities, and potential for growth.
We value what you have learned in your roles more than the duration of your tenure. Ensure the scanned documento highlights pertinent information only, excluding pictures, graphics, and unnecessary text.
Save the scanned document as a .pdf file, avoiding password protection or macros. Check that the file size does not exceed 10 MB.
Legibility is crucial; illegible documents will be rejected and delay the application evaluation process.
For more information, please visit the official school’s website.
Types of MBA Scholarship
Come let’s dive into the world of scholarships at Wharton School, where a plethora of opportunities awaits! Let’s take a peek at some of these prestigious awards:
Joseph Wharton Fellowships:
Honoring the school’s visionary founder, these scholarships recognize students who excel academically, professionally, and personally.
Emerging Economy Fellowships:
Geared towards students hailing from burgeoning economies across the globe, providing vital support for their educational journey.
Forté Fellowships:
Empowering outstanding female students who showcase remarkable leadership skills and a strong dedication to advancing women’s empowerment in both education and the professional sphere.
ROMBA Fellowship:
Cultivating a diverse community of LGBT+ and ally business leaders, fostering inclusivity and innovation in the corporate world.
Prism Fellowship:
Offering full tuition coverage for students who demonstrate exemplary leadership in advocating for the LGBTQIA community.
Friends of Israel MBA Fellowship:
Extending support to Israeli students with military backgrounds or those who have engaged in studies or work within Israel.
Social Impact Fellowships:
Recognizing students with a proven track record of making meaningful contributions in the public and non-profit sectors, paving the way for positive societal change.
The Chapman Taylor Family MBA Fellowship:
Specifically tailored for individuals with Peace Corps service experience, providing them with invaluable opportunities to further their education and career pursuits.
With such a diverse array of scholarships available, aspiring scholars at Wharton have the chance to not only pursue their academic passions but also make a lasting impact in their respective fields and communities.
International Applicants
International students and U.S. citizens have identical requirements for the MBA program.
While acknowledging the unique obstacles international applicants encounter, Wharton and the University of Pennsylvania offer guidance and support throughout the MBA application process.
We provide resources to assist with visa procurement and relocation to a new country, ensuring international students receive the necessary assistance during their application journey.
Does the Wharton School of the University of Pennsylvania offer scholarships to international students?
Yes, most Wharton School Scholarships are dedicated to international students who fulfill the eligibility criteria.
What type of scholarships does the Wharton School of the University of Pennsylvania offer?
The Wharton School offers partial and full tuition of various types, depending on the particular scholarship.
What is the duration of a Wharton School of the University of Pennsylvania Scholarship?
The scholarship lasts for the period of the recipient’s academic study (two years) if the recipient continues to uphold the eligibility criteria for which he or she is awarded the scholarship.
Can undergraduates apply for the Wharton School of the University of Pennsylvania Scholarships?
No, the Wharton School is an MBA school. Therefore, undergraduates cannot apply for scholarships.
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