Moelis Advance Access Program
Apply senior year. Work for two to four years.
Return home to get a Wharton MBA.
The Moelis Advance Access Program is a deferred admission fellowship program that offers Penn undergraduate seniors a guaranteed pathway to the Wharton MBA after pursuing two to four years of work experience. The program accepts a highly selective cohort of Penn seniors whose academic and career interests expand traditional notions of business education. The program was established with philanthropic support from Ken Moelis, W’80, WG’81, and Julie Taffet Moelis, W’81. Read the news release.
Apply during your Senior year for Round 3 MBA Admissions. Applicants will be evaluated similarly to the overall
GAIN WORK EXPERIENCE
Follow your passions during the deferment period by obtaining quality, substantive work experience. Moelis Fellows are encouraged to work in a wide range of industries.
ENGAGE WITH WHARTON
Your journey with Wharton starts from the moment you are admitted. During your deferment period, you will have access to the Wharton community and professional development opportunities.
BEGIN THE MBA PROGRAM
Join us after two to four years of work experience, and receive a $10,000 yearly fellowship (or more based on merit) during the two-year full-time MBA program.
The Moelis Advance Access Program is designed for highly qualified Penn seniors who aspire to set the stage early for their advanced education and highly successful careers. Seniors in the College of Arts and Sciences, School of Engineering and Applied Science, School of Nursing, the Wharton School, and all coordinated dual degrees may apply.
|Application Deadline||Interview Invitations||Interview Dates||Decisions||Deposit Deadline|
|Wednesday, May 27, 2020||Thursday, June 11, 2020||Wednesday, June 17 - Friday, June 26, 2020||Wednesday, July 8, 2020||Thursday, July 30, 2020|
- Application fee waived
- Unofficial transcript with final year fall and spring courses listed
- Standardized test scores (GMAT or GRE)
- Current resume with all internships, part-time positions and future full-time position listed
- Two letters of recommendations from a professor, internship supervisor/employer, or a campus leadership advisor
- Two essays (Same essays as general MBA applicants)
- Team Based Discussion (Virtual or On Campus) and One-on-One Interview with the Director of the Moelis Advance Access Program
Should you be accepted into the Moelis Advance Access Program, students are required to pay a split deposit of $1,000 on or before the deposit deadline and $1,000 due the year you decide to matriculate. All Moelis commits will also submit a yearly declaration of intent to enroll and verification of work experience.
Attending Wharton as an MBA student will be a completely different experience than your undergraduate years at Penn. We encourage Penn students to attend one of the events below to see why returning to Wharton is the best decision you could make!
Moelis Advance Access Information Session
Join us in the Fall as we host an information session to expose Penn students to the details of our Moelis Advance Access Program.
Mock Application Workshop
Nervous about submitting your application? Attend our Spring Mock Application workshop to get an inside look at components of a competitive MBA application.
Connect with Current Students
We have 55 current second year students across many backgrounds, careers, and interests that are available to speak with you about their experiences at Wharton. Browse the profiles of the Admissions Fellows and find someone with similar career goals, interests and maybe even the same undergraduate background as you!
The ability to engage with the Wharton community after enrolling is what sets the Moelis Advance Access Program apart from other deferment admissions programs. Moelis Fellows access exclusive professional development and Wharton resources, which include:
- Quarterly social and professional development events
- Yearly retreats
- Professional Mentor Matching
- Complimentary tickets to select Wharton conferences and events
I AM A CURRENT STUDENT AT PENN, WHAT ARE THE EARLY ACCESS OPTIONS I HAVE FOR THE WHARTON MBA?
Penn juniors studying at the Wharton School can apply to submatriculate into the Wharton MBA and start as a full-time MBA student in their senior year. Please review guidelines here and speak with your undergraduate advisor about the possibility.
Penn seniors in the College of Arts and Sciences, School of Engineering and Applied Science, School of Nursing, the Wharton School, and all coordinated dual degrees are eligible to apply for deferred admission to Wharton through the Moelis Advance Access Program, which allows you to work for two to four years before returning to Wharton for your MBA.
I AM A JUNIOR AT WHARTON ON SCHEDULE TO FINISH EARLY. SHOULD I APPLY TO SUBMATRICULATE OR APPLY FOR THE MOELIS ADVANCE ACCESS PROGRAM?
The Wharton MBA values students bringing professional experience to the MBA classroom. It is rare that students are admitted without any full-time work experience. Unless you have standout entrepreneurship experience or extensive work with a family business that you know you will return to after your studies, then the Moelis Advance Access Program most likely will be a better fit for you. Please talk with your Undergraduate Advisor to help guide you through the decision-making process.
WHO IS ELIGIBLE FOR THE MOELIS ADVANCE ACCESS PROGRAM?
The Moelis Advance Access Program is open to Penn seniors, beginning with the Class of 2018, in the College of Arts and Sciences, School of Engineering and Applied Science, School of Nursing, the Wharton School, and all coordinated dual degrees.
CAN I APPLY IF I AM GRADUATING FROM PENN A SEMESTER OR YEAR EARLY?
Yes, all current Penn seniors graduating a semester early or any current juniors finishing their studies in three years instead of four years are eligible to apply to the Moelis Advance Access Program.
CAN I APPLY TO THE MOELIS ADVANCE ACCESS PROGRAM IF I AM A CURRENT GRADUATE STUDENT WHO SUB-MATRICULATED AS AN UNDERGRADUATE AT PENN?
Yes, if you sub-matriculated directly from Penn to a graduate degree program and are currently completing your last year of studies at Penn, you are eligible to apply.
IF I GRADUATED LAST YEAR FROM PENN AND THEN IMMEDIATELY STARTED A GRADUATE PROGRAM AT ANOTHER UNIVERSITY, CAN I APPLY TO THE MOELIS ADVANCE ACCESS PROGRAM?
Yes. As long as you did not work full-time between your studies, you are eligible to apply.
IF I AM A CURRENT GRADUATE STUDENT AT PENN BUT I DID NOT ATTEND PENN FOR MY UNDERGRADUATE STUDIES, AM I ELIGIBLE TO APPLY TO THE MOELIS ADVANCE ACCESS PROGRAM?
No, but you can apply to the general Advance Access Program.
WHEN IS THE APPLICATION DEADLINE FOR THE MOELIS ADVANCE ACCESS PROGRAM?
Apply to the Wharton MBA Program by the Round 3 deadline during your senior year.
WHAT IS THE APPLICATION FEE FOR MOELIS APPLICANTS?
Moelis applicants will have their application fee waived.
DO YOU ACCEPT BOTH THE GRE AND THE GMAT?
Yes, we accept both tests and do not have a preference for either. Please make sure to take the test by our testing deadline and submit your unofficial scores with your application.
I AM TAKING MY GMAT OR GRE CLOSE TO THE DEADLINE AND WILL NOT RECEIVE A FULL TESTING REPORT WITH PERCENTILES AND/OR WRITING SCORES UNTIL AFTER THE DEADLINE. WHAT SHOULD I DO?
We ask that applicants take the GMAT or GRE no later than 2 weeks before the application deadline. This will ensure that you are able to submit your application with all scores. You may not enter 0’s for the score and percentage fields. Unfortunately, we cannot review your application with missing scores.
ARE THE RECOMMENDATION REQUIREMENTS THE SAME FOR MOELIS APPLICANTS?
Like other Wharton applicants, all Moelis applicants are required to submit two recommendation letters. However, recommendation letters for Moelis applicants can come from professors, internship supervisors, or campus leadership advisors. We recommend submitting letters from a mixture of professional and academic/campus sources.
WILL I HAVE TO INTERVIEW FOR THE MOELIS ADVANCE ACCESS PROGRAM?
Yes, if you are invited to interview, you will participate in the Team Based Discussion interview on campus. Moelis applicants will also interview separately with the Director of the Moelis Advance Access Program.
IF I AM INTERESTED IN THE LAUDER INSTITUTE, THE CAREY JD/MBA PROGRAM, OR THE HEALTHCARE MANAGEMENT PROGRAM, CAN I APPLY TO THE MOELIS ADVANCE ACCESS PROGRAM?
Yes. The application will allow you to select the above joint degree options when applying. However, all additional application materials specific to each program (e.g., LSAT, language tests, etc.) are still required at the time of application.
CAN I APPLY TO JOINT DEGREE PROGRAMS AFTER WORKING FOR SOME TIME AND DISCOVERING AN INTEREST IN THE PROGRAM?
Yes, you would reach out directly to the joint degree program and submit a separate application for their program.
IS THERE A COMPETITIVE ADVANTAGE IN THE APPLICATION PROCESS FOR A PARTICULAR SCHOOL OR MAJOR AT PENN?
No, we are looking for the strongest candidates across all schools, coordinated dual degrees, majors, and scholar programs at Penn.
IF I AM NOT ACCEPTED TO THE MOELIS ADVANCE ACCESS PROGRAM, WILL THIS HURT MY CHANCES OF BEING ACCEPTED IN THE FUTURE?
No. Your future application will not be at a disadvantage.
WHAT IS THE ENROLLMENT DEPOSIT?
Accepted Moelis applicants are expected to pay $1,000 by the beginning of June to secure their seat in the class and an additional $1,000 the year they decide to matriculate and begin classes.
HOW LONG CAN I DEFER MY START DATE IN THE MBA PROGRAM?
Moelis Fellows can defer for up to four years, but during those years you still need to be employed and gaining quality work experience. Moelis Fellows are required to submit a yearly intent to enroll, keeping the MBA Admissions Office informed of their plans to matriculate.
HOW WILL I ENGAGE WITH WHARTON DURING MY WORKING DEFERMENT PERIOD?
Moelis Fellows will be a part of a close-knit community that will be provided access to the Wharton network and resources through: quarterly social or professional development events, yearly retreats, professional mentoring program, complimentary tickets to select events, and more!
Moelis Cohort of 2019 Profile
Every year, we admit a truly outstanding cohort of Penn students across all academic backgrounds to join the Moelis community.
680 – 740
160 – 167
GRE Verbal Range
3.13 – 3.96
157 – 170
GRE Quant Range
Undergraduate Academic Program
- College of Arts & Sciences, 5
- The School of Engineering & Applied Sciences, 2
- Dual Degree Programs, 1
- Penn Nursing, 1