MBA Finance
3.4 /5
- Private University
Wharton School of Business
Talk to ExpertMBA Finance at University of Pennsylvania Overview
Duration | 20 months |
Tuition & Fees | ₹77.11 Lakh Get Fees details |
International Students Admission Website | Go to Website  |
Official Career Service Website | Go to Website |
Course Level | PG Degree |
MBA Finance at University of Pennsylvania Fees
Students interested in pursuing a MBA Finance from University of Pennsylvania must fulfil the associated monetary requirements that come with the course. The fee structure includes the payment of the first-year tuition fee. Students must also plan for some other costs they may incur associated with living in USA such as rent, food, medical, travel and other expenditures. The cost may vary as per the lifestyle being pursued by the students and some other fees that may be charged by University of Pennsylvania over the duration of studies. The first year tuition fee for MBA Finance is around USD 84,830. For a more detailed fee breakdown regarding the MBA Finance from University of Pennsylvania, refer the table given below:
1st year tuition fees | Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 77,11,047 |
Other expenses in 1st Year | Fees components | Amount (for 1 year) |
|---|---|
| Insurance | INR 4,01,051 |
| Transportation | INR 90,900 |
Calculated at the exchange rate of 1 USD = INR 90.9 | Tuition & expenses were last updated on 24ᵗʰ February 2025Download exam sample paper
MBA Finance at University of Pennsylvania Entry Requirements
- No specific cutoff mentioned
- No specific cutoff mentioned
- Applicants must have completed an undergraduate program in an accredited U.S. college or its equivalent in another country
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- Several universities around the world offer three-year undergraduate programs. If the applicant has received a bachelor’s degree upon completion of such a program, he/she is eligible to apply to the MBA program
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- The University will not be accepting the GMAT Focus from the intervening period of approximately 15 weeks between its release in October 2023 and its merger with the legacy GMAT at the end of January 2024
- Interview will be there for applicants
MBA Finance at University of Pennsylvania Frequently Asked Questions
A total of 98.7% of the University of Pennsylvania MBA Class of 2025 students accept internships. The median salary as per all industries is USD 10,400 (Around INR 9 lakh). Industries in which these students are working are Consulting, Energy, Financial Services, FinTech, etc. Most of the MBA students are hired in Consulting / Strategy function. Other job functions where these graduates were hired include Private Equity, Product Management, Investment Banking, etc.
International students willing to apply for an MBA programme can apply through the university portal. They must fulfill the basic eligibility and submit the required documents along with the application fee. The student must complete their college-level education equivalent to a four-year American undergraduate or baccalaureate degree before applying. Then submit documents such as background information, essay, GMAT/GRE score, resume, LOR, transcripts, and English language proficiency score and pay USD 90 (INR 7.5K) as the application fee to apply at the university.
As per the university's linked UPenn graduates are employed by the following top employers-
- University of Pennsylvania
- Penn Medicine, University of Pennsylvania Health System
- Children's Hospital of Philadelphia
- The Wharton School
Some of the top employers of UPenn MBA graduates of 2024 were Amazon, Google, Bank of America, American Express, Microsoft, JP Morgan, etc. Check the table given below to know more about more hiring companies:
Top Employers | |
|---|---|
Estee Lauder Companies | Morgan Stanley |
Thrive Capital | Goldman Sachs & Company |
Deloitte Consulting LLP | McKinsey & Company |
Uber | UBS |
The Walt Disney Company | TikTok |
Apollo Global Management | Citi |
Lincoln International | Evercore |
Moelis & Company | NextEra Energy |
UPenn MBA average salary for international students was USD 134,826 (Around INR 1.17 Cr.). The placement rate for the MBA Class of 2024 was 93.1 (receiving job offers). The placement rate for the students who accepted job offers was 88.2%. A few of the top employers of these graduates were Amazon, Google, Bain & Company, Bank of America, American Express, JP Morgan, Microsoft, etc.
MBA Finance at University of Pennsylvania Application Process
- Applicants need 2 letters of recommendation, preferably from supervisors
- A selection of positive personality characteristics. Recommenders will be asked to choose three characteristics from a list of ten that best describe the candidate they are recommending
- Two free-form questions:
- Question 1: Please provide example(s) that illustrate why you believe this candidate will find success in the Wharton MBA classroom. (Word count: 300)
- Question 2: Please provide example(s) that illustrate why you believe this candidate will find success throughout their career. (Word count: 300)
- The title or position of the recommender is not as important as his/her ability to comment knowledgeably and specifically about them
- Applicants are required to submit two essays and answer the following questions:
- Essay 1: How do you plan to use the Wharton MBA program to help you achieve your future professional goals? You might consider your past experience, short and long-term goals, and resources available at Wharton. (500 words)
- Essay 2: Taking into consideration your background – personal, professional, and/or academic – how do you plan to make specific, meaningful contributions to the Wharton community? (400 words)
- Optional Essay: Please use this space to share any additional information about yourself that cannot be found elsewhere in your application and that you would like to share with the Admissions Committee. This space can also be used to address any extenuating circumstances (e.g., unexplained gaps in work experience, choice of recommenders, inconsistent or questionable academic performance, areas of weakness, etc.) that you would like the Admissions Committee to consider. (500 words)
- Please upload a one-page resume
- Resume should describe functional job skills, breadth and depth of experience, demonstrated leadership and management skills, and potential for growth
- The resume should be uploaded as a PDF document with the proper 3-letter extension, and should not include a password protection or macros which will cause the upload to fail.
- The file size should not exceed 10 MB.
- Submit academic transcripts of all academic work completed at the undergraduate level and beyond
- Submit GMAT/GRE score
- Submit English Proficiency Scores
- SRFS is offering a five-month payment plan and a four-month payment plan for the Fall 2023 term.
- The enrollment deadline for the five-month plan is July 14, 2023 and the first payment date is July 15, 2023
- The enrollment deadline for the four-month plan is July 31, 2023 and the first payment date is August 1, 2023
- Plans are available for the fall and spring semesters, and students must re-enroll each semester, even if they previously participated in the plan
MBA Finance at University of Pennsylvania Rankings
| Rank | Rank Publisher |
|---|---|
| #1 | |
| #1 | |
| #1 |
MBA Finance at University of Pennsylvania Placements
| Particulars | Statistics (2024) |
|---|---|
| % Batch placed | 99.8 |
| International Placements (annual) | Total 816 offer's |
| Internship Available | Yes, 3.5-month summer internship is recommended for students Internships are not required, but most students choose one or more internships, often in combination with other summer experiences |
Top Recruiters for University of PennsylvaniaMBA Finance at University of Pennsylvania Students also asked
Both UPann and Harvard are popular universities. Both are good in different ways. Students who are looking for programs like Law, Policy, Humanity should choose Harvard, where students who want to study Business, Healthcare, Tech should choose UPenn.
UPenn expects a minimum cumulative GPA of 3 on the 4 scale as a general admission requirement. However, students who enrolled or were selected by the University of Pennsylvania scored much more than the required. Students who want to take UPenn admission must aim to score more than 3 GPAs to beat the competition. Along with the GPA, students must submit ACT or SAT scores to provide support to the application as the university provides test options for them.
The University of Pennsylvania and Harvard University, both are the most reputed institutions in the USA. There is no comparison between them. Students can check the below comparison table and decide where they must apply-
Particulars | UPenn | Harvard University |
|---|---|---|
Acceptance Rate | 6% | 3% |
Tuition Cost | Between INR 18L and INR 72L for Masters and INR 51L and INR 57L for undergraduate programs.
| Between INR 18L and INR 72L for Masters and INR 45L and INR 49L for undergraduate programs.
|
Courses | UG=90+, PG=100+ | UG=50+, PG=100+ |
No, University of Pennsylvania usally does not require the GRE for most PG programs, making it optional. Some specific PhD programs or competitive master (MS) programs may require it. Indian students must meet all the admission requirements at the UPenn.
The University of Pennsylvania provides many popular programs to international students. Some popular programs are Management, Marketing, Business Analytics, Accounting, MBA, Finance, and more. Students can check the UPenn PG Rankings as per US News below:
Popular programs | UPenn Graduate School Ranking (US News) |
|---|---|
Accounting | #2 |
Business Analytics | #4 |
Entrepreneurship | #6 |
Finance | #1 |
Marketing | #2 |
University of PennsylvaniaStudents Ratings & Reviews
7 Verified Reviews- 43% students never faced discrimination in this university
MBA Finance at University of Pennsylvania Highlights
- The Finance major provides students with the analytic and theoretical tools required to master practical issues in Finance, with applications to financial management in business firms, financial institutions, government, and not-for-profit entities
- Courses in the Finance Department include descriptive, institutional, and historical aspects of the field, with emphasis on the theory and methods of analysis that make extensive use of relevant techniques of economic analysis, mathematics, and statistics
- The core Finance classes in Corporate Finance and Macroeconomics ensure that all Wharton graduates will be ready to master personal finance issues and are able to provide critical input to businesses, financial institutions, governments, and not-for-profit entities
MBA Finance at University of Pennsylvania Scholarships
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