Best Business School Rankings 2025–26
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Pennsylvania (Wharton)

Philadelphia, PA

#2
5
from 2024–25
740
GMAT
914
Class size
$92,820
Tuition
Note: School has locations in Philadelphia and San Francisco. Tuition amount is the figure advertised by the school and includes mandatory fees and other costs. GMAT score is median or average, as provided by the school. Find more details on the school's website : https://mba.wharton.upenn.edu/ .

Wharton is number 2 on the overall ranking of US business schools. The Philadelphia-based school is known for a strong focus on finance — the rigor of that curriculum is often called out — and a large and effective alumni network. The school rose three spots on our Compensation Index this year to take the No. 1 spot.

Of the five indexes this ranking is based on — Compensation, Learning, Networking, Entrepreneurship and Inclusion — Pennsylvania (Wharton) ranked 1st in Compensation, 6th in Networking, 16th in Inclusion, 19th in Entrepreneurship and 51st in Learning. Index scores are based on student and alumni survey responses as well as salary data the school reports to MBA CSEA.

Index Ranks

#2
9#220212025
Overall
▲ 5
from 2024–25
#1
Compensation
▲ 3
#51
Learning
▲ 6
#6
Networking
▲ 3
#19
Entrepreneurship
▲ 8
#16
Inclusion
▼ 12

Index Scores

0100

Student Population

The breakdown below is compared with other US schools. Collected gender and non-binary data is for all students in the newest class, which for most schools is the Class of 2026. Wharton reported 53% male and 47% female/non-binary.

Gender and Race Breakdown Among US Students, Compared with Other US Schools - Pennsylvania (Wharton)

Pennsylvania (Wharton)

Male

0%100%

Female/ Non‑binary

White

Asian

Black

Hispanic

Visit Inclusion Index page for more data. Gender is for whole class. Race data only for US students.

Bloomberg also collects data on race and ethnicity from US schools — they provide us with percentages of the first-year class of American students for the following groups: White, Black, Asian, American Indian, Hawaiian/Pacific Islander, and Hispanic (of any race). These groups are categorized as such by the schools when submitting data to the federal government.

Hires by Industry

Wharton sent the majority of its recent MBA graduates, those with jobs, into Financial Services, Consulting Industry and Technology Industry.

Percent of Hires in Each Industry (Top 3) - Pennsylvania (Wharton)

559 graduates hired in total
36.7%
25.2%
16.1%

Compensation by Industry

The median base salary across all industries reported by Wharton graduates is $175,000; the median signing/starting bonus is $30,000.

Demographics

Survey respondents weigh in on their school’s population, answering broad questions about what campus life is like for female, LGBTQ, and minority students.

Nationalities (top 5) - Pennsylvania (Wharton)

Total Number of Nationalities: 70
United States 58.0%
India 10.0%
China 6.0%
Canada 3.0%
Nigeria 2.0%

Campus Atmosphere - Pennsylvania (Wharton)

  • Completely Disagree
  • Strongly Disagree
  • Somewhat Disagree
  • Neutral
  • Somewhat Agree
  • Strongly Agree
  • Completely Agree

Women are well represented among my school’s faculty and administration

Female protagonists are well represented in case studies

LGBTQ students are given equal/adequate opportunity to participate in class discussions and on teams

Social activities are generally inclusive towards LGBTQ students

Minorities are well represented among the faculty and administration

Minority protagonists are well represented in case studies

Other Schools