Wharton Welcomes its MBA Class of 2020
With students in the Wharton MBA Class of 2020 settling on campus, Deputy Vice Dean Maryellen Reilly took to the school’s MBA Admissions Blog to welcome the new class.
The Wharton MBA Class of 2020
Although application volume is down, the average GMAT score rose to the school’s previous record high of 732. This score matched the Wharton MBA Class of 2017.
“This class is an impressive collection of leaders from all walks of life, backgrounds, nationalities, industry experiences, and ambitions,” Reilly writes. “These newest members of the Wharton community bring with them a wide-range of perspectives to enrich their shared experiences both in and outside of the classroom.”
Application volume fell by 6.7 percent, dropping from 6,692 to 6,245. But here Wharton is in good company.
It is difficult to find a leading U.S. school reporting that applications were increasing measurably year over year. The vast majority are sharing that numbers are decreasing, or at best remaining steady.
Perhaps one of the biggest shifts between last year’s class and this year’s is the uptick in humanities undergrads, increasing to 45 percent from 41 percent. Students with STEM backgrounds make up another 29 percent of the class, trailing those in business, at 26 percent.
Around 33 percent of the incoming class is international, increasing from 32 percent last year. Although students this year hail from 80 different countries, compared to just 65 one year ago. U.S. students of color make up another third of this year’s class, not changing from last year.
There are 862 students in the Class of 2020, one shy of the previous class. The percentage of female students slipped one point, to 43 percent.
In terms of prior work experience, former consultants outnumber all others by a considerable margin, making up 27 percent of the class, up from 26 percent last year. The next-largest group, at 13 percent, comes from private equity/venture capital, with 10 percent of tech students following closely.
For the whole view of the Class of 2020, check out the Wharton profile here. As well, get familiar with the school’s MBA programs here.
This article has been edited and republished with permissions from our sister site, Clear Admit.
Who are the Most Important Female Leaders in Business School Today?
Being a woman in business isn’t easy. While the industry works to improve gender equality, there is still a long way to go. Currently, women only hold 18.1 percent of directorships at publicly held companies. According to the latest report from MSCI, a research and analytics firm for investors, it could be until 2027 before women fill 30 percent of those roles.
And women in business school face similar struggles. Just five years ago, only three of the top 25 schools in the United States had 40 percent or more women enrolled in its MBA programs. And while, currently, nearly half have reached that mark, gender parity is still a ways off. Part of the struggle has to do with female leaders in business school. Currently, there’s only one female dean at a top-tier business school, and there are few other women who’ve made it to the top of their business schools as deans.
The challenges faced by female business school leaders are myriad, which is why we felt it was so important to recognize those women who’ve become prominent leaders in business schools around the world. Continue reading…