The Wharton School of the University of Pennsylvania is one of the world's leading business schools. The Wharton School has produced founders and leaders of the world’s top companies, the heads of state, Nobel Prize winners, a U.S. Supreme Court justice, astronauts and ambassadors.
History
Joseph Wharton founded the school in 1881 as the first collegiate business school in the United States. Regarded as an innovator and visionary, his purpose was to "impart a liberal education in all matters concerning finance and economy." Wharton published the first business textbooks, established the first research center at a business school, created the first center for entrepreneurship, created the first program in international management, established the first MBA in health care and real estate, and developed first executive education program. To this day, it is regarded as one of the world's leading business and management schools, and employs the world's largest, most cited faculty with 304 standing and associate members. Wharton is recognized around the world for its innovative leadership and broad academic strengths across every major discipline and at every level of business education. As of 2005, Wharton offers programs in Accounting, Business and Public Policy, Finance, Health Care Systems, Insurance and Risk Management, Legal Studies and Business Ethics, Management, Marketing, Operations and Information Management, Real Estate, and Statistics. The school has approximately 2,320 undergraduate and 1,671 MBA and doctoral students, and an alumni network of more than 80,000 in 139 countries around the world.
The School owns the Wharton School Publishing which publishes business books and management tools in multiple formats – books, audio, electronically – to fit the learning preferences of every reader.
Rankings
The Wharton School's undergraduate business program has consistently been ranked #1 by US News (since 1987). It is also consistently ranks among the top MBA programs in the world. It has been ranked #1 by Business Week (since 1992) and The Financial Times (since 1999). In 2004 Wharton's ranking dropped to #5 in Business Week but continued to hold #1 position in Financial Times and USnews.
Since 2005, Wharton has enacted a policy of declining to actively participate in the rankings of business school programs. They, along with Harvard Business School, cited concerns for alumni and students' privacy as well as beliefs that the survey might interfere with the school's own efforts to survey them. As such, they have been removed entirely from several major MBA rankings.
Prominent Alumni
Leadership in the global business environment takes many forms. Wharton alumni are widely recognized for the leadership they provide across a diverse array of companies, industries, and enterprises throughout the world. The following list represents a small sampling Wharton innovators and leaders in their fields.
Industry
- Anil D. Ambani, co-CEO, Reliance Industries
- Luiz Augusto Heeren, CEO, British-American Tobacco
- Robert W. Baker, Vice Chairman, American Airlines
- Julian A. Brodsky, CEO and Chairman, Comcast Interactive Capital
- Charles Butt, Founder, CEO and Chairman, H-E-B Grocery Company
- Robert B. Cavanaugh, CFO, J.C. Penny
- Frank Cerminara, CEO and CFO, Hersey
- Art Collins, Chairman and CEO of Medtronic
- Stephen Cooper, Interim CEO, Enron
- Robert L. Crandall, Chairman and CEO of American Airlines, Inc
- Mike Eskew, Chairman and CEO, UPS
- Jerome Fisher, Founder, CEO and Chairman Emeritus, Nine West Group
- Rakesh Gangwal, CEO and Chairman, US Airways Group
- Stanley Goldstein, Founder, CEO and Chairman, CVS
- Paul R B Harner, Chairman, Berkmont Industries
- Robert M. Hernandez, Vice Chairman and CFO, USX Corporation
- Lee S. Hillman, Chairman, CEO, Bally Total Fitness
- Donald D. Humphreys, COO, Exxon Mobil
- Jon Huntsman, Founder, Chairman and CEO, Huntsman Corporation
- Regonald Jones, Former Chairman and CEO, General Electric
- W. Leo Kiely, III, President and COO, Coors Brewing Company
- Yotaro Kobayashi, Chairman and Co-CEO, Fuji Xerox
- Michael Kowalski, President and CEO, Tiffany
- Dwayne Lamont Rayner, CEO, Renaissance Capital Management
- Leonard A. Lauder, Founder, Chairman and CEO, Estee Lauder Companies
- Terry Leahy, CEO, Tesco
- Aditya Mittal, President and CFO, Mittal Steel Company
- Robert S. Morrison, Chairman and CEO, The Quaker Oats and ex-CEO of Kraft
- Arnold J. Palmer, Chairman and CEO, Hudson Industries Corporation
- Manuel Pangilinan, CEO and Chairman, First Pacific
- Ronald O. Perelman, Chairman and CEO, MacAndrews & Forbes Group
- Lou Platt, Chairman and CEO, Boeing
- Robert Potamkin, Co-Chairman and Co-CEO, Planet Automotive Group
- Edmund T. Pratt, Jr., CEO and Chairman Emeritus, Pfizer
- Geralyn R Breig, CEO, Godiva International
- John Richards, President, Starbucks
- Brian L. Roberts, President and CEO, Comcast Corporation
- Jean-Pierre C. Rosso, CEO and Chairman, CNH Global N.V.
- Rick Simonson, President, Nokia
- Susan M. Stalnecker, Vice President, Du Pont
- Howard R. Suslak, Co-CEO and Chairman, Mac Donald and Company
- Nicholas F. Taubman, CEO and Chairman, Advance Auto Parts
- James S. Tisch, CEO, Loews Corporation
- Laurence A. Tisch, Chairman, Loews Corporation
- Gary L. Wilson, CEO and Chairman, NorthWest Airlines
- Kenneth L. Wolfe, CEO and Chairman, Hersey Foods
- Richard D. Wood, CEO and Chairman, Eli Lilly and Company
- Peter T. Worthen, CEO and Chairman, Schreiber Corporation
- William Wrigley Jr, CEO, Wm. Wrigley Jr. Co
Finance
- Ted Aronson, Founder, Chairman and CEO, Aronson+Johnson+Ortiz
- Zeti Aziz, Governor of the Central Bank of Malaysia
- Thomas M. Bayer, Executive Chairman, European Bank
- Alfred R. Berkeley, Vice Chairman NASDAQ Stock Market
- Mitchell J. Blutt, Executive Partner, J.P. Morgan Partners
- Dr. Boediono, Governor, Central bank of Indonesia
- Geoff Boisi, CEO, J.P. Morgan Chase
- Christopher Browne, Co-Founder, Tweedy, Browne Company
- Warren Buffet, CEO of Berkshire Hathaway
- Peter A. Burt, CEO, Bank of Scotland
- Frank V. Cahouet, Former Chairman and CEO, Mellon Bank Corporation
- Angel Corcóstegui, CEO, Banco Santander Central Hispano
- Edward E. Crutchfield, Chairman and CEO, First Union Corporation
- Jose L. Cuisia, Governor of the Central Bank of Philippines
- Suzanne Cutler, EVP, Administrative Services, Federal Reserve Bank of New York
- Antonio De Sousa Franco, Governor of the Bank of Portugal
- Kenneth P. DeAngelis, Founding Partner, Austin Ventures
- Pridiyathorn Devakula, Governor of the Central Bank of Thailand
- James Dinan, CEO and Founder, York Capital Management
- Catherine Austin Fitts, CEO and Founder, Dillon & Read
- Frank B. Fisher, Chairman and CEO, American National Bank
- Samuel J. Foti, President and COO, MONY Life Insurance
- Thomas M. Garrott III, Chairman and CEO, National Commerce Bancorporation
- Leonard I. Green, Founder and Partner, Leonard Green & Partners
- Bulent Gultekin, Governor of the Central Bank of Turkey
- James A. Harmon, President and Chairman, Export-Import Bank of the U.S
- Robert F. Henricksen, Chairman and CEO, Northwest Bank
- Vernon Hill, Chairman and CEO, Commerce Bank
- Akinari Horii, Governor, Bank of Japan
- Benny T. Hu, President, China Development Industrial Bank
- Robert Hurst, Vice Chairman of The Goldman Sachs Group, Inc. since May 1999
- Jonathon Jacobson, Co-Founder, Highfields Capital Management
- Serck Joo Hong, President and CEO of Chohung Bank of Korea
- Jeffrey Koo Jr, Chairman and CEO, Chinatrust Commercial Bank and founder of Crimson Capital
- James T. Larkin, Vice Chairman, American Express
- Vincent P. Lisanke, President and CEO, American Express Credit Corp
- Thomas F. Loeb, Chairman and CEO, Mellon Capital Management
- Peter Lynch, Vice Chairman, Fidelity
- Robert I. MacDonnell, Founder, Kohlberg Kravis Roberts & Company
- Howard S. Marks, Chairman, Oaktree Capital Management
- Joe McNay, Chairman and Founder, Essex Investment Management
- Michael Milken, Inventor of the junk bond market
- Bill Miller, CEO, Legg Mason Capital Management
- Kenneth W. Moelis, Managing Director, Donaldson Lufkin and Jenrette
- James E. Moltz, Chairman and President, Deutsche Bank
- Michael J. Moritz, Partner, Sequoia Capital
- David R. Murray, President and CEO, Vanguard Venture Partners
- John Neff, Chairman, Wellington Management
- Robert J. Newhouse, CEO and Chairman, Marsh & Mc Lennan Companies Inc
- Dan Och, Founder, Och-Ziff Capital Management
- Farouk al-Okdah, Governor of the Central Bank of Egypt
- David Pottruck, Co-CEO of the Charles Schwab. Board director of Intel
- David Pullman, Founder, Chairman, and CEO, Pullman Group
- Julio A. De Quesada, President and Chairman, Citigroup
- Charles S. Sanford, Jr., retired chairman and CEO of Bankers Trust Co.
- Ted Schlein, Sinor Partner, Kleiner Perkins Caufield & Byers.
- Henning Schulte-Noelle, CEO and Chairman, Allianz AG
- Chulakorn Singhakowin, Chairman and President, Bank of Asia
- Winthrop H. Smith, Chairman, Merrill Lynch
- Michael L. Tarnopol, Vice Chairman, Bear, Stearns & Co.
- Frederick B. Taylor, Vice Chairman and Chief Investment Officer, US Trust
- Valeri Telegin, Chairman, Bank of Russia
- Yoshio Terasawa, Chairman, The Tokyo Star Bank
- Lawrence G. Tint, CEO, Barclays Global Investors
- Koichi Toyomaru, President and CEO, Nippon Life Insurance (Asia’s largest insurance)
- Anthony F. Vuoto, President and CEO, First USA Bank
- John A. Ward, Chairman and CEO, American Express Bank
- Norman M. Wayne, CEO, CIGNA Reinsurance
- Arthur F. Weinbach, Chairman and CEO, Automatic Data Processing Inc
- Lawrence E. Wesneski, Chairman, President and CEO, Hoak Breedlove Wesneski
- Alfred West Jr, CEO, SEI Investments
- Allen D. Wheat, Chairman and CEO, Credit Suisse First Boston
- Richard B. Williams, Chairman and CEO, Dun & Bradstreet Corporation
High Tech
- Jim Bankoff, Former CEO and President of Netscape.
- Sundeep Bhan, Chairman, President, and CEO, Medsite.com, Inc.
- David M. Buckley, EVP, Technical Operations, Biogen
- Sharon A. Fordham, CEO, WeightWatchers.com
- Richard D. Forman, Chairman, President, and CEO, register.com
- Jeffrey Grass, Founder, PayMyBills.com
- Steven James Lee, Chairman and CEO, PolyMedica
- Allan C. Kwan, Chairman and CEO, Asia.com
- Olukunle Malomo, President and CEO, HummingBox Communications
- Farhad Mohit, Chairman and Founder, Bizrate.com
- Elon Musk, Founder and CEO of Paypal
- Elizabeth A. Nelson, Former CEO and CFO of Macromedia
- Peter M. Nicholas, Founder, CEO and Chairman, Boston Scientific
- Brett O'Brien, Chairman, Xdrive Technologies,
- Bilal Ojjeh, CEO, MBA-Exchange.com
- Jay Penske, CEO, VSI and Cofouder & Chairman Firefly Mobile
- Lou Platt, Former Chairman and CEO, Hewlett Packard
- Brian Roberts, CEO, Comcast
- John Scully, Former CEO of Apple
- Sundi Sundaresh, President & CEO, JetStream Communications
- James L. Vincent, Chairman and CEO of Biogen
- Larry Weinbach, Chairman, President, and CEO of Unisys Corporation.
- Peter Yip, Founder, Chairman, & CEO, China.com
Media
- Walter Annenberg, CEO of Triangle Publications, Founder of Seventeen Magazine and TV Guide
- Leslie E. Bider, Chairman and CEO, Warner/Chappell Music
- Roberto F. Civita, Chairman and CEO, Abril S.A. São Paulo, Brazil
- Bruce E. Crawford, Chairman, The Omnicom Group
- Lorenzo diBonaventura, Co-President, Warner Brothers Studios
- Michael D. Fleisher, CEO, Gartner
- David P. Glickman, Founder and Chairman, TelePacific Communications
- Hussam Hamadeh, Founder and Chairman, Vault.com
- Alain Levy, CEO of EMI Recorded Music
- Alfred C. Liggins III, President, CEO, Treasurer and Director, Radio One
- Jon McBride, CEO, MBA Jungle
- Harold W. McGraw III, Chairman, President, and CEO, The McGraw-Hill Companies.
- Peter E. Murphy, EVP and Head of Strategy, The Walt Disney Company
- Manuel V. Pangilinan, President and CEO, Philippine Telephone Company
- David Power III, Chairman and Founder, J.D. Power and Associates
- Sylvia M. Rhone, Chairman and CEO, Elektra Entertainment Group
- Joseph Segel, Founder, QVC; Founder, Franklin Mint
- Paul J. Vidich, CEO, Time Warner
- Alberto Vitale, Former Chairman, President and CEO, Random House
- Adlai W. Wertman, President and CEO, Chrysalis
- Fred Wilson, Chairman, Thestreet.com
Nonprofit
- Ted Aronson, Chairman, CFA Institute
- David T. Ayres, chief of staff for attorney general John Ashcroft.
- Ernesto P. Balladares, Former President, The Government of Panama
- Jeffrey A. Barks, Associate Dean, Massachusetts Institute of Technology
- Drusilla D. Blackman, Dean, Columbia University
- Dr. Boediono, State Minister of Indonesia
- Frank Brown, Dean, INSEAD
- Richard Casavant, Dean, University of Tennessee
- David R. Decker, Dean, New York Institute of Technology
- James DePriest, Music Director and Conductor, Oregon Symphony
- L Thomas Divilio, Chairman, Memorial Hospital
- Chaka Fattah, US Congressman
- Edwin Feulner, President of Amecican Heritage Foundation
- Alfred Irving Hallowell, President of the American Anthropological Association
- Paul Judge, Chairman of the British Royal Society of Arts; Founder of Judge Business School at Cambridge University
- William K. Laidlaw, Dean, Case Western Reserve University
- Lawrence Lessig, Founder and Director of Harvard Berkman Center for Internet & Society
- Neng Liang, Dean, Peking University
- Ann D. McLaughlin, Chairman, The Aspen Institute
- Jeffrey C. Miller, Executive Associate Dean, Northwestern University
- Daniel F. Muzyka, Dean, University of British Columbia
- Howard Paul Forman, Chairman, Yale University School of Medicine
- Vincent Perez, Minister of Energy of Philippines
- John Quelch, Dean of the London Business School
- Thomas Rhodes, President of National Review; Founder and Chairman of the American Civil Rights Coalition
- Manuel Roxas, Minister of Trade and Industry of Philippines
- Richard Stearns, President, World Vision
- Rexford Tugwell, governor of Puerto Rico
- Gary Wilson, Canadian Senator
- Anthony E. Whyte, Chairman and CEO, American Institute Management Technology
- Klaus Zumwinkel, Chairman and CEO, Deutsche Post AG
Real Estate
- William Fair, CEO, American Skiing Company
- Laurence E. Hirsch, Chairman and CEO, Centex Corporation (largest home builder in the USA)
- William L. Mack, President and CEO. Mack Organization
- Tadashi Nomura, President and CEO, Nomura Estate Co Ltd
- Nelson W. Potter, CEO, Fleetwood Enterprises,
- Donald Trump, Founder, President and CEO, Trump Hotels and Casino Resorts
- Scott A. Wolstein, CEO and a Director, Developers Diversified Realty Corporation
- Mortimer B. Zuckerman, Founder and Chairman, Boston Properties
Consulting
- Melvyn E. Bergstein, Chairman and CEO, DiamondCluster International
- Peter Cohan , Founder and President, Cohan & Associates
- Thomas Copland, Co-CEO, Monitor Group
- Michael J. Donahue, CEO and COO, KPMG Consulting
- James W. Down, Vice Chairman, Mercer Management Consulting
- Barry W. Huff, Chairman, Deloitte and Touche
- Philip A. Laskawy, Chairman and CEO, Ernst & Young LLP
- Shaun F. O’Malley, Chairman and CEO Emeritus, PricewaterhouseCoupers, LLP
- Edward L. Wax, Chairman, Saatchi and Saatchi
- Larry Weinbach, Chairman and CEO Emertus of Andersen Worldwide
See also
External links
- Wharton School website
- Wharton School Publishing
- Knowledge@Wharton English
- Knowledge@Wharton Spanish and Portuguese
- Knowledge@Wharton Chinese
- Wharton Research Data Service
- Wharton Lauder Program
- SAIS-Wharton Joint Degree Program
- Wharton MBA Admissions Blog
- Getting into a Top 5 MBA Program - includes Wharton