Admissions | Wharton Undergraduate
Wharton Undergrad - College Confidential
The highest paid Wharton undergrad last year landed a $112,000-a-year salary, though there were undergraduates of other schools that hit even higher numbers. Washington University’s Olin School of Business, where 98% of the graduates accepted jobs three months after commencement, had one Class of 2014 who started a new job at a salary of $130,000, even higher than most MBA graduates, and Boston College’s Carroll School had a graduate win a $115,000 starting salary.
Wharton Undergraduate Concentration
Blue Chips - these are folks with pedigree. They went to top undergrads and worked at highly sought after jobs (by those at the top undergrads). There's nothing particularly special about them as people, but they have a strong blue chip background. They are the Princeton undergrad to McKinsey kids, the Westpoint grad who serves in Iraq, Wharton undergrad to Goldman kids, and so forth. They didn't just work in IB, but they work at Goldman or Morgan Stanley. They didn't just work at no-name private equity fund, but they worked at Carlyle or TPG. They didn't just work in consulting, but at McKinsey/Bain/BCG. They are smart and accomplished kids who did as well as they could taking a traditional and well-trodden path.
First, the disagreement. Employers do not pay you for the number or type of degrees you have -- they pay you for generating more revenue, value, etc., than you cost the employer. If a Wharton undergraduate degree gives you all of the skills necessary to generate the maximum revenue you can generate for your employer, then you do not need an MBA. Many bigtime MBA programs require all students to take basic MBA courses. These courses may be repeats of undergraduate courses. If a Wharton undergrad program gives you a substantial amount of the training you would receive in an MBA program, then there is no need to get an MBA. Given the high quality of the Wharton undergrad program, it would not surprise me if a lot of these students don't think their knowledge and skills will increase dramatically by getting an MBA.The four-year undergraduate program at Wharton, with required courses in mathematics, statistics, economics, finance, humanities, and behavioral and natural science, provides the foundation for a rich supplement to the study of financial and cost accounting, tax planning, and auditing. Accounting 101 and 102 are required courses for all Wharton undergraduate students. These courses, along with Accounting 201, 202, and two additional courses in accounting, comprise the accounting concentration.