Any student in a bachelor’s degree or full-time graduate degree program who completed or will complete their academic program within 8 months of the Moelis Program’s application deadline (Deferred Admission Round).

Yes, students graduating early from their undergraduate studies are eligible to apply to the Moelis Advance Access Program. For example, if most of your class graduates in May, but you are graduating a semester early in December, you are still eligible to apply.

Yes, any graduate degree student is eligible to apply to the Moelis Advance Access Program so long as: (1) the graduate degree program was conducted full time, and (2) you matriculated into your full-time graduate program immediately following completion of your bachelor’s degree.

Yes, you are eligible to apply as long as you did not work full-time between your undergraduate and graduate studies. This includes any candidate that sub-matriculated into their graduate program.

There is a $100 application fee. Active-duty military, veteran who have received an honorable discharge, and applicants for whom the fee presents a financial burden can have their application fee waived with proper documentation. If you have any questions about the application fee or are seeking a fee waiver, please email mba-advanceaccess@wharton.upenn.edu.

Yes, we accept both tests and do not have a preference for either. Additionally, we will accept scores from exams that were completed in person at a test center or online from home. We accept self-reported scores at the time of the application deadline, but require official scores to be sent by those who enroll in the Moelis Program.

We require two letters of recommendation for each applicant. Applicants to the Moelis Advance Access Program can have letters submitted from any combination of the following individuals: college faculty, supervisor from an internship or employment, campus or community leader, advisor, or coach.

The Admissions Committee invites a select number of candidates to interview; only those who interview for the Moelis Program will be considered for admission. During the 2025 application round, all candidates will learn if they are invited to interview on Thursday, May 29, 2025. Wharton’s interview includes a virtual Team-Based Discussion as well as a virtual one-on-one with a member of the Wharton MBA Admissions Team.

Admitted Moelis Fellows are eligible to apply to the Lauder MBA/MA, Carey JD/MBA, and the Health Care Management program in the year they intend to matriculate at Wharton. If admitted to the Lauder MBA/MA, Carey JD/MBA, or Health Care Management program, you will be automatically enrolled in the respective program. We strongly encourage you to thoroughly review the details of your program of interest, including applicant requirements, curriculum, and tuition implications during your deferment period. Please note that each program has slightly different timelines for admissions notifications.

Yes, Wharton offers 15+ joint and dual degree programs and we support any Moelis Fellow who decides to apply to any of these programs during their deferment period. The process to apply varies by program, but Moelis Fellows can apply during the year immediately before their matriculation to Wharton. The admission decision at any of these programs will not impact their offer of admission to the Wharton MBA.

No, we look to admit promising candidates across all academic disciplines, any accredited college or university, and all professional areas of interest.

No, your future application will not be disadvantaged. The Moelis Program is only one early pathway to the Wharton Full-Time MBA Program, and it is highly selective. We hope that any candidate who does not gain admission to Wharton via the Moelis Program will apply to Wharton again after several years of full-time work experience.

Admitted students are asked to pay an initial $1,000 deposit by the enrollment deadline to secure their space in the Moelis Fellows cohort. A final $1,000 deposit is due in the year immediately before matriculating into the Wharton MBA. The entire $2,000 deposits are applied to first year tuition and fees at Wharton.

You can defer for two, three, or four years. During those years, you still need to pursue career options that develop professional and leadership skills. All Moelis Fellows are required to submit a yearly Intent to Enroll form, which informs the Wharton MBA Admissions Committee your current professional endeavors and when you plan to matriculate.

University of Pennsylvania undergraduate students will automatically have their application fee waived to the Moelis Advance Access Program. Additionally, graduates of any of Penn’s undergraduate degree programs who are admitted into the Moelis Advance Access Program are eligible to receive a $10,000 Moelis Fellowships for each year of the Wharton MBA. All recipients of the Moelis Fellowship are also automatically reviewed for additional merit-based fellowships from Wharton during their year of matriculation.

All candidates admitted to the Moelis Advance Access Program will be automatically reviewed for all possible merit-based fellowships (scholarships) during their year of matriculation. Moelis Fellows complete their Intent to Enroll form each year following their admission – this information is used alongside their original application to inform scholarship awards. Moelis Fellows are equally likely to receive scholarships as all other students who gain admission to Wharton in Rounds 1, 2, and 3.

To be eligible to matriculate, you must complete 2-4 years of your deferment period. We would like you to utilize this period to engage in meaningful full-time work experiences. It’s entirely up to you to decide whether to matriculate after two, three, or four years of deferment—there is no one-size-fits-all approach. Each year, when completing your Intent to Enroll Form, you will indicate whether you wish to defer for another year or if you’re ready to join the incoming class. To make the most of your deferment period, thoughtfully consider how the work experience you bring to Wharton will allow you to fully leverage the MBA program’s opportunities—both inside and outside the classroom—and how it will ultimately support your long-term career goals. We encourage you to use your best judgment in choosing the optimal time for you to pursue your MBA, and the Moelis Advance Access team can answer any question and provide guidance throughout your deferment period.