Welcome to the
Moelis Advance Access Program!
Use #WhartonBound when you share the good news online!
You did it – welcome to the Moelis Advance Access Program! Moelis Fellows comprise an inclusive cohort of the most promising leaders, minds, and innovators that recently graduated from colleges and universities around the globe, and we are excited to build this community alongside you all.
Below you can find information on your next steps, how to connect with one another and us, and ways to learn more about the Moelis Program and the Wharton MBA.
Ready to accept your place in the Moelis Advance Access Program’s Cohort of 2023? Here’s how!
Step 1
MAKE YOUR DEPOSIT
Your enrollment decision form and a deposit of $1,000 are due by 5:00 pm ET on Thursday, August 3, 2023.
Log in to your Wharton online application. Your online application account includes a link to the enrollment form. Please complete and submit the enrollment form.
If we do not hear from you by the appropriate deadline, we must assume that you have declined our offer.
Step 2
BEGIN VERIFICATION PROCESS
Log into your Wharton Online Application to view information regarding our verification process, which is conducted for Wharton by ReVera. Your checklist includes instructions on how to start the verification process.
In two weeks you will be sent an email from verifications@reveraservices.com that will include a link to start your verification. You will be prompted to enter your date of birth and the email address used in your application. Students will receive a confirmation email from ReVera immediately following successful payment of the $115.00 fee and submission of the authorization form. Deadlines for submitting authorizations and fees to ReVera are 5:00 pm ET on Thursday, August 3, 2023.
We will not contact any current full-time employer until your year of matriculation to the Wharton MBA program.
The verification process is routine for all admitted students.
Step 3
SUBMIT TRANSCRIPTS AND TEST SCORES
SEND WHARTON MBA ADMISSIONS YOUR OFFICIAL TRANSCRIPTS AND TEST SCORES
Sending Official Test Scores to Wharton MBA Admissions
If you self-reported your test scores at the time of your application, and have not sent the official versions to the Wharton MBA Admissions Office via the test provider, you need to do so by the enrollment deadline.
- Wharton’s GMAT code: G56-97-73
- Wharton’s GRE code: 6802-5199
- Wharton’s TOEFL code: 2926-02
- PTE: Email your scores to Wharton MBA Program at mbaoperations@wharton.upenn.
edu
Sending Official Transcript(s) to Wharton MBA Admissions
- For electronic copies of official transcripts: An official electronic PDF copy of your transcript can be sent to Wharton. Please send official electronic copies directly to Charicha Ford at fordc@wharton.upenn.edu.
- For paper copies of official transcripts: When requesting an official paper copy of your transcript, please use the regular postal service. Transcripts should be sent to the attention of:
Charicha Ford
111 Vance Hall, Full-Time MBA Admissions Suite
3733 Spruce Street
Philadelphia, PA, USA 19104
Step 4
GET CONNECTED ON SLACK
You are invited to join the Moelis Advance Access Program’s Slack workspace. This online community allows you to engage with one another, all other Moelis Fellows, and gain access to Moelis Program events and resources.
You will receive a link to join the Moelis Advance Access Program’s Slack workplace via email by July 1!
Those who enroll in the Moelis Advance Access Program will maintain their Slack profile. Those who do not enroll at the time of the deadline will be removed from this instance of Slack.
We are in the process of planning welcome events so we can celebrate both in-person and virtually. Please check back soon!
EXPLORE ACADEMICS
Wharton is the preeminent thought leader of business education, and you now have the opportunity to join this scholarly community which has shaped the world. You will thrive in our classrooms, explore different ways of learning, build and feel supported to personalize your experience, and travel the globe with Philadelphia as your starting point.
EXPLORE THE CURRICULUM
- Fulfill one (or more!) of the 19 available majors by choosing from over 200 courses offered by our 10 academic departments. Tailor your education to explore your interests and adapt to your learning style.
- Learn More
ADVISING SUPPORT NETWORK
- You will have a team of professionals focused on ensuring that you get the most out of all aspects of the Wharton experience – community, academics and career. We partner with you to direct and connect you to resources at any point in your two-year journey.
- Meet the Team
MBA COURSE LISTINGS
- Browse all the course listings at Wharton to begin planning your academic journey.
- Learn More
VIEW ACADEMIC CALENDARS
MOVING TO PHILADELPHIA
Philadelphia is an ideal location for business school — small-scale and historic, with all the resources of a major East Coast city. One of the country’s liveliest, most diverse cities, it also puts you right in the heart of all the opportunities of the East Coast — a train ride away from New York City, Washington, D.C., and Boston.
Philly is big enough to have lots to do, yet small enough to get to know. Penn’s campus is in University City, a neighborhood with its own stores, restaurants, and movie theaters. Less than a mile away is Rittenhouse Square, a fashionable area with dozens of places to eat, shop, and hang out. Rittenhouse is very popular among Wharton Students with over 80% of the current class choosing to live there.
Because the vast majority of Wharton students come from outside of the city, you will be part of a close-knit community in which it’s easy to make friends quickly.
Wharton MBA Housing Guide
The Wharton MBA official Housing Guide (www.VeryApt.com) will assist you in finding a suitable apartment in Philadelphia. Started by two recent Wharton MBA grads, VeryApt offers trusted apartment reviews based upon price range and amenities.
Housing in Philadelphia
You’ll find varied and affordable housing options accessible to Wharton, from campus living to high-rise apartments to single-family homes. To learn more about Philadelphia’s neighborhoods, check out VisitPhilly’s Neighborhood Guide. Below are a few housing options that are popular with Wharton and Penn students.
RITTENHOUSE SQUARE AND CENTER CITY
UNIVERSITY CITY
SUBURBAN LIVING
ON-CAMPUS HOUSING
PENN HOUSING OFFICE (ON- AND OFF-CAMPUS HOUSING)
Philadelphia Living Resources
Philadelphia enjoys a thriving, eclectic culture across neighborhoods. The restaurant scene includes world cuisines from Belgium to Vietnam, haute cuisine, small BYOBs, reinvented pub grub, and Philly’s famous cheesesteaks.
Nearby Fairmount Park, the largest urban park in the world, maintains running, cycling, and riding trails and offers boat rentals on the Schuylkill River, the site of Philadelphia’s picturesque Boathouse Row and the Dad Vail Regatta, the largest collegiate regatta in the country. Even closer to home is Penn’s state-of-the-art Pottruck Health and Fitness Center, right across the street from Wharton’s Jon M. Huntsman Hall.
RESOURCES FOR LIVING IN PHILADELPHIA
DIVERSITY AT WHARTON
Black, Indigenous and People of Color (BIPOC)
Clubs
African American MBA Association
African American MBA Association (AAMBAA) was created to enhance the professional, academic, and social development of students of African descent at Wharton, and provide resources to foster the successful progression from prospective students to Wharton alumni.
⌨ Website
✉ Email
Wharton Asian American Association of MBAs
The Wharton Asian American Association of MBAs mission is to create a tight-knit community at Wharton that provides support and mentorship while celebrating the expression of Asian culture in America. The club promotes self-reflection and conversation around being Asian in America, and encourages members to be thoughtful leaders and advocates in the workforce for Asian empowerment.
Wharton Hispanic-American MBA Association
The Wharton Hispanic-American MBA Association (WHAMBAA) includes nearly 100 members and represents all students who identify as Hispanic-American and/or Latinx-American at Wharton as well as those who want to join the familia! WHAMBAA supports and engages members with social events, academic tutoring, mentoring, thought leadership, and targeted professional development services.
⌨ Website
Wharton Latin American Student Association
Wharton Latin American Student Association (WHALASA) is the largest international club at Wharton, and proudly hold the reputation of hosting the best social events in the MBA community! The club’s mission is to promote an open dialogue with the Latin American community on the region’s challenges and opportunities within the global context, while building a stronger community and generating networking opportunities.
⌨ Website
Partnerships
Fellowships
- Howard E. Mitchell Fellowship
- This fellowship is awarded to traditionally underrepresented domestic populations to provide financial support to graduate students of color, based on proven leadership, academic excellence, work experience, and/or demonstrated commitment to empowering traditionally underrepresented groups.
- Whitney M Young Fellowship
- Second-year, active member of the AAMBAA community who has demonstrated academic excellence and made outstanding contributions to the achievement of excellence by people of color in the Wharton, University of Pennsylvania, and/or greater business communities.
- Toigo Fellowships
- The Toigo MBA Fellowship provides minority MBA candidates committed to careers in finance with an unmatched network of contacts, a prestigious point of difference in the eyes of employers, one-on-one career guidance, leadership training, a merit award—and more.
Women
Clubs
Wharton Women in Business
Wharton Women in Business (WWIB) is a professional club that aims to help all Wharton women further develop their voices as confident female leaders within WWIB, Wharton, and with the world by providing tools, resources, and opportunities to do so.
⌨ Website
Partnerships
Fellowships
- Forté Fellowships
- These fellowships are awarded each year to outstanding female students who demonstrate exemplary leadership academically, professionally or creatively, as well as a proven commitment to the empowerment of women in education or the workplace.
International Students
Clubs
Asia Club
The Wharton Asia Club was founded with the intention of bridging the gap between the Wharton community and the Asian business environment, and aims to fulfill the aspirations of students interested in learning more about Asian culture, markets, and professional opportunities.
Australia/New Zealand Club
The Australia/New Zealand Club provides a forum for students from and interested in Australia and New Zealand to connect and celebrate all things ANZ.
Brazil Club
The Brazil Club mission is to enrich and amplify the experience of students by fulfilling their interests in Brazil’s culture and businesses.
Canada Club
The Canada Club provides a social network for Canadian students, and anyone interested in working or living in Canada.
Caribbean Business Initiative Club
The Caribbean Business Initiative Club (CariBiz) is an inclusive organization that welcomes all who have an interest in Caribbean culture, economic affairs, and development.
⌨ Website
✉ Email
Europa!
Europa is Wharton’s club for Europeans and students with an interest in Europe. The Club’s mission is to provide a community for those with European cultural and professional interests on campus. Europa proviedes a link between European employers and Wharton students, and to Wharton European Alumni.
French Association
The French Association promotes the French culture and network on Wharton’s campus. The club mission is to spread out the French “Art de Vivre”, organize the French Trek centered on “Luxury and French Elegance”, and celebrate the diversity of all French-speaking cultures. The club connects companies and students in their job search (in France and in the US) in collaboration with the Wharton Alumni Club of Paris.
German Club
The German club celebrates the vibrant culture and economy of Germany. The club brings German values, traditions, and connections within German industries to MBA students. Club members plan a local Oktoberfest celebration in Philadelphia, and some members travel to Munich for the annual festival.
Greater China Club
The Greater China Club serves the interests of MBA students who are professionally or culturally interested in the Greater China region. The club creates fun experiences for members to foster relationships and improve cross-cultural exchanges including a Chinese New Year’s Party, Moon Festival Party, Chinese dinners, and other social events.
India Club
The India Club aims to foster a close network among Indians, South Asians and all those interested in India to enhance their experience at Wharton through social, outreach, academic, and career initiatives. The club helps to promote and organize the Wharton India Economic Forum, India GIP, and treks.
Israel Club
Israel Club aims to bridge Wharton and the rising Israeli tech and business scene, to promote familiarity with Israel’s culture and to become a social platform to its members.
Japan Club
Japan Club aims to enrich the Wharton community by promoting awareness of Japanese business and culture, and strives to advance Wharton’s international brand and support the professional development of prospective, current, and graduated members.
✉ Email
Korea Club
Korea Club strives to promote Korean culture and raise awareness around Korea-related issues within the Wharton community through various social, cultural and professional events.
Middle East and North Africa Club
Middle East and North Africa Club (MENA) is focused on business in the MENA region and, more specifically, devoted to engaging its members in MENA business driven initiatives and events. The club aims to bridge the gap between Middle Eastern students and the Wharton community.
Russia and Former Soviet Union Club
The Russia and Former Soviet Union Club aims to serve as a platform to bring together members of the Wharton community who have personal, cultural, and/or professional ties or interest related to Russia and the FSU. The club holds various activities covering the professional, cultural/educational, and social dimensions of Russia and the FSU.
Southeast Asia Club
The Southeast Asia Club aims to serve students from the Southeast Asia region in the Wharton Community and to promote Southeast Asian culture and to introduce business / investment opportunities in Southeast Asia to the Wharton Community.
Wharton Africa Student Association
The Wharton Africa Student Association (WASA) is the focal point for Africa-related activities at Wharton, connecting and supporting African students, students who have lived or worked in Africa, and all students with a professional or cultural interest in Africa. Each year, WASA organizes engaging programming (such as the Wharton Africa Business Forum), career preparation, networking opportunities, academic support, social gatherings, and treks to the continent for its members.
⌨ Website
✉ Email
Fellowships
- Emerging Economy Fellowships
- These fellowships are offered to support students from emerging economies throughout the world.
- Friends of Israel MBA Fellowship
- This fellowship is a two-year, full-tuition award to Israeli students who have completed Israeli military service, have attended an Israeli undergraduate institution, and/or been employed by an Israeli company for the previous five years. Recipients will comprise a distinctive cohort of five to six fellows each year.
LGBTQ+ Community
Clubs
Out For Business
Out for Business is Wharton’s lesbian, gay, bisexual, transgender, and queer professional and social club providing a network for students, faculty, and staff. The club’s mission is to create a safe, inclusive, and fun community at Wharton for LGBTQ+ people and straight allies.
Website
Email
Partnerships
Fellowships
- ROMBA Fellowship
- The ROMBA LGBT+ Fellowship is a joint effort between The Wharton MBA Program and Reaching Out to develop the out LGBT+ and active ally business leaders of tomorrow. Each Fellow receives a minimum $20,000 scholarship and access to exclusive leadership programming including an all-expenses-paid retreat.
- PRISM Fellowship
- The Wharton Prism Fellowship will cover full Wharton tuition over the recipient’s time in the Wharton MBA program. This fellowship is awarded to one student who is a member of and demonstrates leadership in support of the LGBTQIA community.
Military Veterans
Clubs
Veterans Club
The Veterans Club is deeply committed to assisting transitioning service members and veterans who are interested in pursuing an MBA. Club members take great pride in our military service, are extremely proud to be a part of the Wharton community, and believe the best way to continue serving is by giving back to others. Together, we are united through service.
Website
Email
Fellowships
- Yellow Ribbon Program
- The Yellow Ribbon Program (YRB) is a provision of the Post-9/11 Veterans Educational Assistance Act of 2008. Wharton offers grant funds through the Yellow Ribbon Program for veterans and is committed to funding all students who are 100% eligible under the Post-9/11 GI Bill®. Eligible applicants may receive a maximum Yellow Ribbon Award of up to $20,000. The Dept. of Veteran Affairs (VA) will match the award amount that we grant.
Partners & Families
Clubs
Kids Club
The Kids Club serves as a resource for MBA families to make the transition to Wharton and Philadelphia easier while also providing fun kids activities and friendships along the way. The club plans playgroups, quarterly parties, and organized outings for students, partners, and their children.
Partners Club
Partners Club is a networking and social club designed exclusively for all significant others of Wharton MBA students. The club organizes social, cultural, and informational activities for its members and aims to provide a smooth and welcoming transition to Wharton.
We know that considering additional student loans in a few years can be daunting. The Wharton MBA Financial Aid Office is available to help you make informed decisions about financing your two years of study. The sections below provide some general insights, but you can contact the team at financialaid@wharton.upenn.edu during your deferment period when questions arise.
Moelis Fellows will be reviewed for all possible merit-based fellowships at Wharton during the winter immediately before their matriculation. The Wharton MBA Admissions & Financial Aid Office will use both your initial application as well as each year’s Intent to Enroll form (your mandatory annual professional update form) to inform scholarship awarding
Budget & Tuition
We encourage you to save as much as possible to effectively maximize your experience while reducing overall debt after graduation.
First Year Wharton MBA Budget
The following estimated budget provides the standard costs for the first year of the Wharton MBA program. The budget is based on a 9-month academic calendar from August 2022 to May 2023. Allowances for room, board, books, supplies, and miscellaneous expenses are included in the standard budget.
Please note that these are based on average, reasonable costs, and may not be sufficient to cover lifestyle choices. Students who budget conservatively can reduce the overall cost of the program.
MANDATORY CHARGES INCLUDE:
- Tuition, General Fee, Course Materials Fee, Clinical Fee, and Pre-Term Fee – these charges will appear on your student billing statement and are based on the tuition and fees for the current class.
- Health insurance – assessed to all students unless you are covered under an equivalent policy and can provide proof of insurance. The Health Insurance fee is added to the second student billing statement made available at the end of August.
JOINT-DEGREE BUDGET AND TUITION
If you’re enrolled in Lauder or the JD/MBA program, your budget will vary. For other dual degree programs, consult a Financial Aid team member.
Estimated First-Year Student Budget
| Tuition | $77,500 |
| General Fee | $3,660 |
| Course Material Fee | $1,050 |
| Clinical Fee | $664 |
| Pre-term Fee | $2,000 |
| Tuition & Mandatory Fees | $84,874 |
| Room | $15,030 |
| Board | $7,857 |
| Books and Supplies | $1,710 |
| Transportation | $945 |
| Personal | $4,123 |
| Health Insurance | $4,029 |
| Total Living Expenses | $33,694 |
| Total First-Year Cost of Attendance | $118,568 |
Additional Details
Per federal regulations, student aid can only be used for expenses directly related to obtaining your Wharton degree.
THE STUDENT BUDGET CAN BE INCREASED TO COVER THE FOLLOWING EXPENSES:
- Global Immersion Programs (GIP)
- Global Modular Courses (GMC)
- Fall Semester in San Francisco
- Personal Medical Expenses above Insurance*
- Child care expenses*
- Computer purchase up to $2,000* (one time only)
* Students with extenuating circumstances and/or computer purchase can request a budget reevaluation to borrow funds above the set student budget once the Fall 2022 semester has started. Budget increases can only be approved for purposes and amounts that fall within guidelines set by the University and federal law. Please contact the Wharton MBA Financial Aid office by email at financialaid@wharton.upenn.edu for additional information.
HOW TO PAY YOUR BILL
Timing and procedures for paying tuition.
Student Loans
Student Loan Instructions
Overview of Financial Aid
Many Wharton MBA students rely on student loans to cover their costs of attendance. Note that borrowing loans to cover 100% of the student budget will increase your overall debt after graduation.
Educational student loans are available through the Federal Loan Program or private lenders. Students may opt to use a combination of the Federal Loan Program and private lenders to cover their cost of attendance. Doing research prior to borrowing could save you money both during school and through the loan repayment period. To calculate an estimate of the size of your monthly loan payments and the annual salary required to manage them, please visit the loan calculator on FinAid.org.
Information for:
Student Loans Credit Review Tip
Most private loan programs, along with the Direct Graduate PLUS Loan program, require some form of credit evaluation of you, and your co-signer if applicable. Therefore, it is critical that you review your credit report and clear up any discrepancies before you even start the financial aid process. We recommend that you obtain a copy of your credit report as soon as possible to get a full understanding of your credit-worthiness and have time to correct any errors.
U.S. Citizens/Permanent Resident Students
Keep an eye out for your Admit News e-mails. The Wharton Financial Aid Office will use this tool to alert you of financial aid deadlines along the way.
The student loan instructions below will help you navigate the financial aid process if student loans are required to fund the tuition and living expenses for your first year at Wharton. If the funds are needed to cover the Fall and Spring term billing statements, please be sure to submit all loan applications by the recommended deadline.
The first step when choosing a student loan is to evaluate your financial aid status and determine which loan options (if needed) are best suited for your first year at Wharton. Students typically borrow from one or several loan programs and may select the educational loan provider of their choice.
FEDERAL DIRECT LOAN PROGRAM
FEDERAL DIRECT GRADUATE PLUS LOAN PROGRAM
PRIVATE ALTERNATIVE LOAN PROGRAMS
PRIVATE ALTERNATIVE LENDERS
International Students
Keep an eye out for your Admit News e-mails. The Wharton Financial Aid Office will use this tool to alert you of financial aid deadlines along the way. The student loan instructions will help you navigate the financial aid process if student loans are required to fund the tuition and living expenses for your first year at Wharton.
The first step when choosing a student loan is to evaluate your financial aid status and determine which loan options (if needed) are best suited for your first year at Wharton. Students typically borrow from one or several loan programs and may select the educational loan provider of their choice.
If you are an international student who is neither a dual U.S. citizen nor a U.S. permanent resident, we encourage you to investigate all sources of funding within your home country, including government and private scholarships and loans. Additionally, international students with US cosigners may be able to access domestic educational student loans.
Check out the Student Loan FAQs.
DISCOVER® CUSTOM GRADUATE LOAN
PRODIGY FINANCE
MPOWER
Lauder Students
In addition to the student loan instructions for the academic year, Lauder MBA students may also be eligible to apply for a student loan for the summer.
Lauder students will receive additional student loan instructions at the end of April. There will also be a financial aid session during the Lauder orientation in May, and the Wharton MBA Financial Aid team will be available to answer questions about this loan and other general financial aid questions.
Funding
There are numerous ways to fund your academic pursuits at Wharton including fellowships, scholarships, loans, and group-specific monetary support. Choose from the options below to learn more about your funding options. If you have any questions, please contact the Wharton MBA Financial Aid Office by email at financialaid@wharton.upenn.edu.
Wharton Fellowship Program
All admitted students are considered for Wharton Fellowship support based on the application for admission. Criteria for fellowship selection includes unique personal qualities and background, academic achievement, exceptional professional development, and community involvement.
- Awards are offered in your Admission and Financial Aid letter.
- Fellowships are two-year awards, split equally over four semesters (fall and spring terms) for a typical MBA student (exceptions below).
- The Wharton Fellowship Committee does not offer reconsideration of fellowship support.
CONDITIONS OF FELLOWSHIP SUPPORT
Funding for Current Students
Throughout your time in the MBA Program, additional funding opportunities become available to students in multiple areas. These have their own distinct application processes, award amounts, and selection criteria.
FELLOWSHIPS AND AWARDS
Additional Revenue Sources
Although a selective process by nature, there are many related work options and Fellow Programs available to current MBA Students. Beyond the compensation received, these roles provide the opportunity to enrich your personal experience in the Wharton MBA Program.
FELLOW OPPORTUNITIES
ADDITIONAL WORK OPTIONS
SUMMER INTERNSHIPS
External Funding Options
We encourage all students to explore scholarship opportunities made available by clubs, organizations, and/or corporations with whom they may be affiliated.
Below you will find information on external funding opportunities available to all students seeking out these sources of aid.
SCHOLARSHIP RESOURCES
Resources for International Students
If you are an international student who is neither a dual U.S. citizen nor a U.S. permanent resident, we recommend that you investigate all sources of funding within your home country, including government and private scholarships and loans.
INTERNATIONAL RESOURCES LIST
Military Benefits
- The Yellow Ribbon Program (YRB) is a provision of the Post-9/11 Veterans Educational Assistance Act of 2008. In Academic Year 2021-2022, Wharton plans to offer $20,000 per year (matched by the VA totaling $40,000) committed to funding students who are 100% eligible under the Post-9/11 GI Bill®, in addition to the tuition and fee reimbursement rates. These benefits will be capped each semester based on full tuition and fees less any Wharton Fellowship (or external funding specific to tuition and fees) received.
- Details and eligibility guidelines can be found at gibill.va.gov
- The University of Pennsylvania Veterans Office will process your Certificate of Eligibility (COE) and provide submission instructions around May 1, 2021 for the upcoming year.
*GI Bill®️” is a registered trademark of the U.S. Department of Veterans Affairs (VA). More information about education benefits offered by VA is available at the official U.S. government website at www.benefits.va.gov/gibill.
Questions?
We are available to answer any questions you have during your enrollment process.
Please use the form below to submit a question to MBA Admissions staff.
SUBMIT YOUR QUESTION
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