MBA Finance
3.4 /5
- Private University
Wharton School of Business
Talk to ExpertMBA Finance at University of Pennsylvania Overview
MBA Finance offered at University of Pennsylvania is a PG level course, which is considered the top-ranked course across the university and the country. Students who are willing to apply, can pursue the course within the duration of 20 months.
International students applying at University of Pennsylvania for the MBA Finance, need to submit the necessary documents as per the department and the course including the qualification proof along with test scores of exams including IELTS, TOEFL, PTE, GMAT and GRE. Additionally, it is recommended that the students apply for the course before the deadlines as the seats available at the university for the course are limited.
The University of Pennsylvania tuition fees for MBA Finance for the first-year international student is USD 84,830. In addition to the tuition fees students need to look into other various factors that are necessary to manage their stay during the study at the university, which include the other necessary costs, covering accommodation costs, hostel fees, food, books, supplies, utilities, etc.
Duration | 20 months |
Tuition & Fees | ₹75.27 Lakh Get Fees details |
International Students Admission Website | Go to Website  |
Official Career Service Website | Go to Website |
Course Level | PG Degree |
- Overview
- Fees
- Entry Requirements
- Application Process
- Rankings
- Placements
- Highlights
- Scholarships
MBA Finance at University of Pennsylvania Fees
The fee breakup of the University of Pennsylvania MBA Finance includes the first-year tuition fee and cost of living. The cost of living will include expenses like rent for accommodation, meals, and other utilities. The first-year tuition fees MBA Finance is USD 84,830. Students must note that the total expenses are subject to vary, depending on the additional charges set by the University of Pennsylvania.
Students can check the table given below to know more about University of Pennsylvania MBA Finance fee breakup.
1st year tuition fees | Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 75,26,966 |
Other expenses in 1st Year | Fees components | Amount (for 1 year) |
|---|---|
| Insurance | INR 3,91,477 |
| Transportation | INR 88,730 |
Calculated at the exchange rate of 1 USD = INR 88.73 | 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
While the business schools like Harvard, Stanford GSB, and Wharton are among the top schools to pursue Business and Management, Wharton is the least selective of all three.
Wharton's larger class size (866 in MBA Class 2026) is the main reason for its accessibility. Wharton seeks students with strong quantitative and diverse professional backgrounds, which makes it more accessible than Harvard and Stanford.
Mentioned below are the offer rates to the most prestigious b schools in the world:
| School | MBA Acceptance Rate (2025) | Class Size (Approx.) | Number of Applicants (Approx.) |
|---|---|---|---|
| Wharton | 20.5% - 24.8% | 866 | 7,300 |
| Harvard Business School (HBS) | 9.1% - 13.2% | 930 | 9,000 |
| Stanford GSB | 7.0% - 8.4% | 420 | 5,000 |
Interviews are conducted at the Wharton School as a part of the Wharton MBA application process. Although these interviews are conducted via an interview only. They are one-on-one interviews focusing on the professional experience, career goals, candidate's leadership skills, and the fundamental answer to question of 'why Wharton'?
The interview is also equipped to test one's fit for the programme by checking aptitude, by posing behavioral and situational questions.
Interviewees are advised to prepare specific examples of leadership, challenges, failures, and teamwork.
Yes, an MBA at Wharton UPenn is completely worth it for Indians investing over 90L for studies. The programme is designed for students looking for a quantitative, leadership-driven, and globally popular MBA program, and for those aiming career in Consulting, Finance, Tech, or Entrepreneurship fields.
The programme is available in specializations such as Business Administration, Finance, Education, Entrepreneurship, Entrepreneurship and Innovation, Organizational Dynamics, and more. These programs offer the strongest networks, placement in top-tier consulting, tech, finance, or entrepreneurship fields. Students can expect an estimated salary of around INR 1.45 Cr with a substantial starting bonus annually once they complete the course.
While Wharton UPenn does not have any cutoff for Indian students, they prefer to submit it to stand out . International students with an Engineering and Tech background aim to score a GMAT score of 730+ and a GRE score of 325+. International students who want to get admitted to Wharton must focus on various factors, including exceptional work experience, a recommendation letter, and an interview, rather than only test scores, which do not guarantee admission.
Both Harvard Business School and Wharton offer elite programs to international students. Students must choose between the two based on their career goals, industry, and learning style. Students who are seeking programs in Finance and Investment Banking must go with Wharton, whereas for Entrepreneurship, Harvard is better. Harvard University is better for leadership roles in the public /private sectors, whereas Wharton is good for quantitative or data-driven roles.
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
International students must fulfill the basic eligibility and submit the required documents such as LOR, SOP, transcripts, and many more. The academic requirements of UG and PG for the University of Pennsylvania admissions are given below:
PG Requirements:
- Background Information
- Essay
- GMAT/GRE score
- Resume
- LOR
- Transcripts
- GRE (optional)
- English language proficiency score
UG Requirements
- High school documents
- Transcripts
- LOR
- ACT/SAT scores
- English language proficiency score
The University of Pennsylvania and Harvard University, both are the most reputed institutions in the USA. There is no comparison between them. However, students can decide where to go as both of them are extremely popular and can lead to a successful career. Students with extremely excellent performance can make a place in either of two as their acceptance rates are very low. The Harvard University acceptance rate is 3.41% which is the second the lowest in history and UPenn acceptance rate is 5.4%. Both universities provide a wide range of programs in over 100 specializations and their tuition costs are high. Students can check the below comparison table and decide where they must apply:
Particulars | UPenn | Harvard University |
|---|---|---|
Acceptance Rate | 5.4% | 3.41% |
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+ |
All three Business Schools are ranked best for their Business and Management courses. They are highly ranked by the top-ranking bodies for Business and Management Studies.
The table below shows the QS Rankings of the best Business Schools globally:
Business Schools/Universities | QS World Ranking 2025 |
|---|---|
Harvard University | #1 |
Stanford University | #3 |
University of Pennsylvania | #9 |
The table below shows the Shiksha Popularity Rankings of MBA offered at these top universities:
Business Courses | Harvard University Ranking | Stanford University Ranking | University of Pennsylvania Ranking |
|---|---|---|---|
Master of Business Administration | #7 | #2 | #3 |
For the Class of 2029, UPenn received approximately 9,500 applications through the Early Decision plan, of which almost 1,300 students were admitted by the university. This makes the University of Pennsylvania acceptance rate stand at roughly 13.6%, which is on the more selective side; however, at the same time, a lot higher than the UPenn regular acceptance rate of a mere 3.7%.
| Decision Plan | Student Applications | Students Accepted | UPenn Acceptance Rate 2025-26 |
|---|---|---|---|
| Early Decision | 9,500 | 1,292 | 13.6% |
| Regular Decision | 62,500 | 2,312 | 3.7% |
| Overall | 72,544 | 3,530 | 4.9% |
Yes, to fulfill the basic eligibility, international students must hold a 3-year bachelor's degree from a recognised university, along with having a strong academic background. For programs like B.Com, BSc, or BA degrees, and additional requirements like professional achievements, GMAT/GRE scores, quantitative rigor, and more. To improve your overall application, students can also submit essays, an optional statement, test scores, supplemental courses from Coursera, HBS, and analytical skills through work.
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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