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Master of Business Administration (MBA)private nonprofit Employment Report 2023

The Wharton School

University of Pennsylvania
Philadelphia, PA
2-Year Cost of Attendance
$248,000
Tuition: $174,740 (2-year program)
Sub-15% Selectivity Floor: With an admit rate of 12.5%, this MBA program is tiered strictly as a Reach or Super Reach for all applicants regardless of exceptional test scores or career accomplishments.
Class Admissions Profile
Admit Rate
12.5%
GMAT Quartiles (25th – 50th – 75th)
710 · 735 · 760
Undergrad GPA (25th – 50th – 75th)
3.50 · 3.65 · 3.85
Average Work Experience
5.0 years (60 mos)
Fellowships & Aid
Median Fellowship Grant
$38,000
Students Receiving Fellowships
48.0%
Median Graduate Debt
$85,000
Post-MBA Compensation
Median Starting Base Salary
$175,000
Median Signing Bonus
$30,000
Employed (3 Months Post-Grad)
93.0%

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School 25-75: 710–760
School Median: 3.65
Sweet Spot: 3.5 – 6.5 yrs
2-Yr Budget: $80,000
Total 2-Year Student Budget (Savings + Family Support):$80,000
$0 (100% Debt)$100,000$200,000+ (Self-Funded)
Decision brief / student-controlled record

IF I CHOOSE THIS SCHOOL, WHAT HAPPENS?

Compare the planning estimate with your actual aid offer, expose the remaining funding gap, and keep verified deadlines beside the financial decision.

Planning estimate / 2023

Cost and borrowing forecast

Estimated annual net price$124,000Published program cost, annualized
2-year estimated cost$248,000Assumes the current annual estimate repeats
Projected funding gap$168,000After $40,000/yr family budget
Illustrative monthly payment$1,908If the full gap is borrowed for 10 years at 6.5%
Published outcome evidence
Median starting salary$175,000Published program outcome
Median signing bonus$30,000Published program outcome
Employed at 3 months93.0%Published placement rate
Median graduate debt$85,000Published median