23. My Wharton Experience

Updated: May 25, 2020


Its my dream to get educated at one of the world’s Best Business Schools and I have chosen the Wharton Business School for my Executive Education and I had done a Three Module Accelerated Development Programs ( ADP ) covering , viz.. 1. Strategic Management. 2. Finance Management. 3. Strategic Thinking and Leadership between 2016 -2018. Two modules have been covered in India and third one at Wharton’s Campus in Philadelphia , USA.

Pic : ADP Certificate Award Cermony


The Wharton School of the University of Pennsylvania is the business school of the University of Pennsylvania, a private Ivy League university in Philadelphia, Pennsylvania. Established in 1881 through a donation from Joseph Wharton, the Wharton School is the world's oldest collegiate school of business.


Wharton's MBA program is ranked No. 1 in the United States according to Forbes and No. 1 in the United States according to the 2020 U.S. News & World Report ranking. MBA graduates of Wharton earn an average $159,815 ( CTC of Rs.1.2 Cr / annum and with other perks , it may go upto Rs.1.5 Cr. on average ) first year base pay not including bonuses, the highest of all the leading schools.


Pic : With Prof.Harbir Singh, Wharton and Prof.Prashant Kale, Rice University, USA.


Wharton's MBA program is tied for the highest in the United States with an average GMAT score of 732 (97th percentile) for its entering class.

I. Details of Modules :

1) Strategic Management - Executing Growth Strategies.


This ADP Module consists of extensive study materials with a Lot of Case Studies of International Repute and Fortunate to Interact with Prof.Prashant Kale of Rice University, USA and Prof. Harbir Singh of Wharton Business School, who Published several Books and Articles in International Journals like Harvard Business Review and Sloan Management Review etc.got an opportunity to learn how to grow in Complex Business Environment through Consolidations and Strategic Alliances.


Strategy is all about the Finding a Fit Case through Trade-Offs and Bringing a Competitive Advantage to the Table , Where Rivals find it difficult to Manage.


As a Growth Strategy, When to go International Strategies through Strategic Alliances and integrating the Firms Seamlessly in an Organic Fashion amicable to both the Partnering Organisations.

2) Finance Management - Wharton Finance for Executives


Traveled to New York and stationed in Manhattan , and then moved to Wharton US Philadelphia Campus and attended a Branded Wharton Module , ie. Wharton Finance for Executive , from 20th to 24th Feb'2017. The Core Faculty Member this Program is Prof. Michael Roberts along with other two renowned Professors of Finance one each from Israel and Netherlands..



Pic : Wharton Classroom


Core Concepts learnt during this program


- Capital Budgeting,

- Design of Optimal Capital Structure ,

- Private Equity, Sources of Value and Free Cash Flow Analysis, Cost-Benefit Analysis and Discounted Cash Flow Analysis,

- Mergers and Acquisitions, Risk Assessment and

- Evaluation of a Project( NPA Method ) with World Famous Nobel Prize Winning " Black -Scholes " Formula etc.. And Options Trading / Hedge Funding etc.


3. Strategic Thinking and Leadership.

Pic : With Prof.Mike Useem, signing on Book Authored by him.


We had the opportunity of leaning from Prof.Mike Useem , who is an Authority on Corporate Leadership at Wharton and Other Faculty being Prof.Harbir Singh. Both have authored several books together as well as individually. Notable Books of them include , The India Way, The Leaders Check List , Leading Up, Investor Capitalism and Fortune Makers etc.


Pic : With World Famous Management Guru, Prof.Ram Charan, Coach of Fortune 500 CEOs and met him and had a little chat with him at Wharton Business School.


Core Concepts learnt during this program

  • Detailed Analysis of Role of Corporate Leaders in building everlasting lasting Businesses Institutions.

  • How Critical is Decision Making in the Times of Finance and Political Crisis.

  • How One wrong decision in Soloman Brothers has lead to its demise.

  • How Chile’s Mining Minister handled the Miners rescue operation lasted for several weeks.

  • Handling Crisis and maintaining the serene environment in an organization, while swimming in troubled waters.

Pic : Batch Photo at Wharton Campus


In Nutshell, Its a rigorous training program of compacted materials covered in a few days ( a Typical 6 months course for MBA graduates covered in 5 days in Executive

Education ).


On 3rd day night ( of 5 day module ) during the campus program, Wharton had arranged a Networking Night at a nearby Five Start Hotel. I had a wonderful opportunity of interacting with CEOs, CFOs, MDs,Promoters and Partners of organisations to exhange views on corporate world. I could make a few the co-participants as a life time friends from Brazil, Japan , USA and India etc.

Pic : With Mr.Noma , CFO of a Japanese Pharma Giant


I had experienced one of the Pinnacle Moments in my Life, When I went to the podium to summarise the five day Finance Module and also proposed a vote of thanks to the Faculty and Administrative Staff at Wharton.


II. Wharton Today


Established as the first collegiate business school in 1881, Wharton played a crucial role in transforming the study of business from a trade to a rigorous and respected profession. Here are a few of the milestones we celebrated along the way.Our community is shaped by our students, making it a dynamic learning environment

The Wharton School of the University of Pennsylvania is the business school of the University of Pennsylvania, a private Ivy League university in Philadelphia, Pennsylvania. Established in 1881 through a donation from Joseph Wharton, the Wharton School is the world's oldest collegiate school of business.


The Wharton School awards Bachelor of Science in Economics degrees at the undergraduate level and Master of Business Administration degrees at the postgraduate level, both of which require the selection of a major. Wharton also offers a doctoral program and houses, or co-sponsors, several diploma programs either alone or in conjunction with the other schools at the university.


Wharton's MBA program is ranked No. 1 in the United States according to Forbes[5] and No. 1 in the United States according to the 2020 U.S. News & World Report ranking.[6] Meanwhile, Wharton's MBA for Executives and undergraduate programs are ranked No. 3 and No. 1 in the United States respectively by U.S. News.[7][8] MBA graduates of Wharton earn an average $159,815 first year base pay not including bonuses, the highest of all the leading schools.[9][10] Wharton's MBA program is tied for the highest in the United States with an average GMAT score of 732 (97th percentile) for its entering class.


Wharton has over 95,000 alumni in 153 countries,including current U.S. President Donald Trump, SpaceX founder Elon Musk, and billionaire investor Warren Buffett. Current and former CEOs of Fortune 500 companies including Alphabet Inc., General Electric, Boeing, Pfizer, Comcast, Oracle, PepsiCo and Johnson & Johnson are also Wharton School alumni.


III. Globally Recognised Alumni of Wharton


1. Warren Buffett




2. Elon Mask




3. Sundar Pichai



4. Donald Trump




5.John Sculley





MM.Rao


===========================================================================================

Sources : https://www.wharton.upenn.edu/history/

19 views0 comments