Wharton Stories

Trimming the Jib and Other Ways to Think About Business 

Image: Undergrads learn to sail an obstacle course in formation on the Chesapeake Bay. (Photo credit: Will Keyworth Photography)
An immersive look inside Team Sailing, a Wharton Leadership Venture designed to foster team cohesion in a high-pressure environment.

The mast began to pitch towards the water at a harsh 45-degree angle. The wind blew rain horizontally against the sailors, and for the first time, they had to balance pulling the boat’s cables with wiping their faces off. The sailboat had never moved this fast, and everybody suddenly was familiar with the physics behind how wind turns into speed.

Dillon Hale, the instructor, laughed a bit to himself and reminded students that “as much as it feels like it, the boat won’t tip over. You’ll only fall into the water if you try to.”

However, these were not sailing athletes or physics students; they were four business students far outside their comfort zones. They got on the Wired about an hour earlier, and only one had sailing experience.

As quickly as the storm started, it ended. The wind slowed in the opposite direction, and the rain turned into a light mist, but they weren’t allowed to cheer quite yet. The sail at the front of the boat began to flap wildly, and the boat slowed.

Malek DeBrabander, W’25, yelled, “I’m ready to switch directions!”

Rachel Doman, W’26, and Abu Mcunu, W’25, with the confidence of experienced sailors, yelled in response, “Ready to tack!”

Abu, on the left side, let go of the taut cable. Rachel, on the right side, began pulling furiously until the cable tightened and locked it into place. The boat satisfyingly tilted and picked up speed, and for a second, it felt like the boat was flying.

The waves grew larger, and everybody on the boat groaned. They weren’t ready for another storm, but Dillon said the opposite was occurring.

“Waves are just a history of the wind.”

A team and their instructor ride choppy waves through the wind and rain. (Photo credit: Will Keyworth Photography)

The Road to Adventure

On a Friday at 6 am, seeing a coach bus waiting outside Huntsman Hall on Penn’s campus is not surprising.  The usual guess is that students are going to New York or DC with their clubs for career treks.

Wharton Leadership Ventures (WLV) often uses them to take students to unusual locations, such as rural Pennsylvania or upstate New York for daylong “intensives” like high-ropes courses or mountain biking. WLV also flies students to locales like Cotopaxi in Ecuador or Patagonia for week-long hiking and backpacking Expeditions over winter and spring breaks.

“We’re doing things in a completely new environment,” said Erica Montemayor, Senior Associate Director of WLV. “What students take most from this experience is just getting out of their comfort zone.”

Venture experiences are coordinated and overseen by Wharton undergrads known as Venture Fellows. A fellow was on every boat during this intensive, helping facilitate acclimation and reflection during and after the sailing experience.

Kai Mai, a fellow on his fourth sailing venture, explains: “You learn how to lead a wide range of students and see their leadership styles, and by the end, you walk away with an expanded skill set.”

Learning to lead as a venture fellow features standards like speaker events and communication training but also has unorthodox aspects.

“We do hands-on outdoor learning during fall and spring training, and then we divvy ourselves up and lead these intensives and expeditions,” Kai said. “We actually have mountain guides do some of our trainings.”

The Practice Run

The role of the venture fellow becomes clearer when watching Malek lead different groups during the intensive. At the start of the day, he takes attendance and ensures everybody gets their food. Once the bus arrives in Annapolis and everybody wakes up from their morning naps, he leads the group through an icebreaker.

Once the ice was broken, the groups were ready to sail. The first part of the day would consist of learning how to sail, and the second part would culminate in an obstacle course similar to regular sailing competitions, where each group would have to organize themselves into a pre-set formation and go around the course five times in a time trial.

The rain picked up as everybody boarded their boats for the practice run. On the Wired, instructor Dillon taught the group the vocabulary of a sailboat. To turn, the front sail had to match the direction of the wind, or in sailing terms, people on port and starboard needed to “tack” or “trim the jib” to match the movement of the wind.

The practice run featured leadership struggles, uncoordinated tacks, and Dillon’s intervention to keep the boat moving. As the rain picked up and slowed down, everybody settled into their roles after being forced to adapt to hard conditions.

After lunch, the instructors explained the next step of the intensive. They flipped over the whiteboard to showcase a colorful illustration of boats moving between cones. At the start of each time trial, the finish line order would be listed, and they would time the speed it took the boats to cross the finish line. They gave each boat a walkie-talkie, and the instructors took a step back – it was time for the students to lead each other.

As the rain picked up and each boat moved to the start of the course, each team began practicing using the walkie-talkies.

“Can somebody tell a joke right now?”

Another team chimed in: “We’re not going to do well at this.”

The time trial’s structure meant that each team was working to compete against their previous performance. As each round continued, the boats got more efficient at moving into the proper formation at the finish line and presented faster times. By the final round, the last boat crossed the finish line in ten minutes. Everybody cheered as the time was announced through the walkie-talkies.

Wharton students pose in their lifejackets before team sailing gets underway. (Photo credit: Will Keyworth Photography)

Reflecting on the Race

The way WLV teaches leadership is separate and entirely connected to the in-class business education.

Malek, the fellow on the Wired, explains that venture fellows “go to expert talks of organizational psychologists and learn what the best techniques are for leadership,” which is reminiscent of the leadership techniques taught in courses like Management 3010.

WLV heavily emphasizes the value of reflection and transference, ensuring that the experience’s lessons are brought into real-world business and leadership contexts. While organizational psychologists can help guide the theories behind leadership, a key theme of the ventures is that leadership is also built in unorthodox environments and contexts and that organizational success is not only present in the workspace.

“We’ve adopted after-action reviews from the military where we go back and reflect and recap these moments,” Kai, another fellow said.  “Whenever I do something new, and I make a mistake here or there, I’m able to adapt these AAR techniques into my life.”

Kai then quickly runs through an example of his reflection process.

“Am I communicating this thing well? Or should I try to think about this in a different way? Or what is that other guy thinking?” Kai asked. “There are so many factors at play that AAR has allowed me to pinpoint and focus on that present moment.”

y utilizing different reflection and learning processes, venture fellows have been able to think about leadership in nontraditional, nuanced ways. The best part is that they can bring these processes to the participants, as seen by the Wired boat’s after-action review (AAR).

Rachel, the third-year student on the Wired, reflected: “There was a lot of new terminology and figuring out what worked, but once we got in sync with the jib, it was very rewarding to work well as a team and watch everybody else come into their roles.”

The corollary here is readily apparent – college students are often put in unfamiliar, jargon-heavy internships or courses where they have no option but to adapt to the language and culture of their new environment. While different, sailing is another example of how teamwork can make it easier to gain these necessary skills.

The goal of the sailing intensive was to gather a group of strangers, put them into an unfamiliar context, and derive success from the entire team’s ability to adapt to new circumstances. It was even satisfying to come in last place.

“There’s something kind of metaphorical about the fact that we had to be last in order to make sure that everyone else was able to succeed,” Abu, W’25, said. “Accomplishing that goal was a great moment because we all figured it out together.”

Erica agrees. “It’s complete chaos, but it’s interesting to see what you’ve learned, apply it, and move quickly,” she said. “Because life is always going to move, and it’s either going to move you or you’re going to respond to it.”

After the AARs, everybody thanked their instructors, and the sun peeked out of the clouds and began shining brightly. The Chesapeake Bay began to shimmer, rays reflecting off the water and twinkling against the boats. The whole group groaned, and everybody started to complain about how they had to sail in the unforgiving rain just a few hours earlier.

When walking towards the bus, laughter and chatter filled the air as everyone talked freely, arms slung around the shoulders of their old crewmates and new friends. As the wind blew through the narrow streets, the conversations got louder, and the group turned into one big wave of sound.

—Alex Zhou, C’25, W’25

Posted: December 13, 2024

Wharton Stories

Bridging the Cultural Divide

Personal experience and selfless family sacrifice led Tsion Bezabih, W’27, to create a nonprofit aimed at helping young people connect.

One morning in my Ethiopian home, when I was seven years old, I was awakened by the sounds of laughter and packing. I quickly got out of bed and saw our luggage piled up on the floor next to my mom. I asked, “Where are we going?” She replied that we were going on a shirshir, which meant “vacation.” My parents would always call anything a shirshir, whether it was a trip to the amusement park in Addis Ababa or a visit to Awasa, a vacation spot in Ethiopia. So I assumed we were taking a short getaway to one of the usual local destinations. When we arrived at the airport, I was confused by my aunt’s and grandmother’s tears. Little did I know I wouldn’t be back for another six years.

During my family’s first year in the United States, I frequently complained about our moving away, which I could see hurt my parents. I had vivid memories of my parents back in Africa, with my dad drawing cartoons and heading the office of a newspaper company while my mom owned an import/export business. All of that changed in the U.S.: My dad worked as a valet attendant and my mom as a custodian. At times they juggled two jobs each to support our new lives here in Philadelphia. Going from an office to jobs like those wasn’t easy for my parents, especially considering they weren’t fluent in English. The hardships they went through helped me see how fortunate I was to have parents willing to make such sacrifices. Their difficult path led me to Penn, and during move-in last fall, I saw another Habesha woman pushing a cart twice her size, and I couldn’t hold back my tears. She reminded me so much of my mother.

My parents’ sacrifice, mixed with the hardships I witnessed in Ethiopia, inspired me to help others — initially, orphans in Ethiopia. After reading my college essay on the topic, my former eighth-grade math teacher and mentor, Larry Kaplan, GED’97, reached out to discuss a similar program he was thinking of developing. We quickly set up a meeting at a Center City cafe to discuss our plans for what would later be known as the Philly Unity Project, or Philly UP.

Read the full story at Wharton Magazine.

—Tsion Bezabih, W’27 

Posted: December 11, 2024

Wharton Stories

Wharton EMBA Program Offers Cross-Cohort Flexibility

“The ability to take electives with a different cohort is an extraordinary opportunity to build connections with more students from differing backgrounds and industries,” says Richard Waterman, Deputy Vice Dean for Wharton’s EMBA Program.

A key advantage of Wharton’s MBA Program for Executives is the vast amount of electives and flexibility it offers to fully employed students. After spending their first year with their chosen cohort, students have the unique opportunity in their second year to take courses in one of the other cohorts whether that be in the vibrant Silicon Valley ecosystem with our San Francisco Cohort, the historic University of Pennsylvania campus with our Philadelphia Cohort, or expanding their global perspective with our Global Cohort by taking courses online or at locations around the world.

“The ability to take electives with a different cohort is an extraordinary opportunity to build connections with more students from differing backgrounds and industries,” says Richard Waterman, Deputy Vice Dean for Wharton’s EMBA Program. “These connections enrich the learning experience and benefit students throughout their careers,”

People sitting at tables in a room with a large window view of a suspension bridge over water in the background.
Wharton’s San Francisco Campus Photo Credit: Getty Images

The flexibility is embedded in the program’s structure, which enables students to take electives – or spend an entire term – in their second year (pending space and approval) with any of the three cohorts. Also built into the 22-month program is the addition of a new floating credit unit, which students fulfill outside of the standard program calendar through elective classes, Global Modular Courses, or independent study.

Wharton’s EMBA program offers 130+ electives across the three cohorts – more than any other business school – giving students ample opportunity to take classes of interest across the curriculum and around the globe.

Electives are driven by student interest and taken during the second year of the program during the summer, fall, and spring terms. Students can choose to major or earn a concentration or both. Students can select from among 10 available majors as well as two concentrations: Business Analytics and Healthcare Management.

The program also offers electives during academic calendar breaks, as some students find those easier to fit into their schedules, especially for the floating credit unit requirement. These block week courses run for three to five consecutive days and feature a diversity of subjects ranging from Advanced Topics in Negotiation and Sports Business to Financial Disclosure Analytics.

Aerial view of a cityscape featuring urban buildings and skyscrapers in the background, with a prominent round-shaped red-brick building in the foreground and trees scattered throughout.
Wharton’s Philadelphia campus Photo Credit: Getty Images

The majority of our students are interested in taking a class (or classes) with a different cohort,” says Dr. Waterman. “They value the flexibility in their second year whether it’s due to changes in their location, a desire to make more connections, or a curiosity about a different part of the country or world.”

In addition, the floating credit unit can be fulfilled through one of the program’s many Global Modular Courses (GMCs), which are intensive workshop courses offered to Wharton students in key business locations around the world. The courses are led by Wharton faculty and are intended to provide unique educational experiences to students in a regional context. 

The courses are offered in an intensive workshop format over three to seven days during school breaks on topics like Operations and Business in India, Conducting Business in Emerging Economies: Vietnam, Finance in the UAE, Marketing in Saudi Arabia, and Leadership and Change in Rwanda.

Read more about EMBA program updates

By Meghan Laska

Posted: December 9, 2024

Wharton Stories

Making a Tangible Impact through Snider Consulting

Image: A Snider Consulting team meets with an instructor in Tangen Hall (Photo credit: James Graves)
Through the four-year consulting program at Penn, undergrads get real-time experience with startups almost from the minute they step on campus.

At the end of October, as Locust Walk’s trees hit their peak bloom of red and orange, students were submitting their midterm essays and Esha Pathi, W’25, was getting ready for her team’s midpoint presentation.

“We’ve conducted a ton of interviews with other students and are hoping to share our findings in a clean, synced way to the client,” she explained. “It’s a chance to recalibrate the scope – midpoint is a great sanity check, touching base to see if the client wants you to dive deeper or completely pivot for the final presentation.”

She spoke with the fluency and professionalism of a seasoned consultant while describing how Snider Consulting manages relationships with their clients. To be fair, she is a seasoned consultant. This is her fourth year in Snider, and she currently serves as her team’s engagement manager (EM). As an EM, she oversees her consulting group to ensure they are on track to accomplish their weekly and semester goals.

Snider Consulting is a four-year program in Penn’s Venture Lab that hires Penn student consultants to provide “tailored research, analysis, and execution support to meet clients’ needs.” As a part of Penn’s expanding entrepreneurship opportunities for students, Snider Consulting not only utilizes students’ unique experiences and knowledge but also hires them directly as paid student workers.

The way it works is teams of students work with companies to solve strategic problems for them. The students meet weekly within their teams, with Snider Consulting as a whole, and with their clients to deliver those results.

Jon Potter, Snider’s growth program director, explains how the program has changed over the years: “It’s evolved to the point where the undergrad program is pretty much exclusively focused on Penn startups, from students or faculty, companies coming from the Penn ecosystem.”

They have worked with a variety of clients, ranging from global consulting firms to growth stage startups that have raised eight figures and early-stage clients that have since gone on to raise Series A and B funding from venture capital firms.

Both Esha and Shivani Desai, a fourth-year who is an engagement manager and leading the first-year training program, have felt the impact of working for high-growth Penn enterprises and the accountability of Snider Consulting being a paid, high-responsibility job.

Shivani says that “it’s put a sense of responsibility on me from an early stage, and it was nice to receive formal feedback my first year. I carried myself better at Penn.”

The four-year aspect of the program is especially compelling. The tangible impact that Snider provides to companies is incredibly valuable, and students often report that it has far-reaching implications beyond their first year.

“As much as college is really important, a lot of it is kind of low stakes because you’re only doing things for yourself,” Esha said. “Snider was the first time that I did something for the success of someone else’s company. There’s a lot of additional pressure to execute at 120 percent and that’s the attitude that I’m going to take into the future.”

As Shivani and Esha discussed their progression through the program, they continually mentioned that they gained a sense of tangible confidence that allowed them to carry themselves with more professionalism in the workplace. However, having such early access to Snider Consulting’s network has also allowed them to explore which workplaces to channel this energy towards.

Through their four-year experience in Snider Consulting, students wear a variety of hats. They start out learning by doing—training their financial analysis skills and interfacing with clients and their real-world challenges. As they progress, they begin to take on mentorship roles with the first-years and lead the processes that accomplish real impact for Penn startups.

Shivani declared her concentration in entrepreneurship because of her experiences working with these startups, and through Snider, she gained exposure to Venture Lab as a whole. The summer after her first year, she participated in Venture Lab’s Bet on Entrepreneurship program that connected her with an internship at a venture-capital firm in San Francisco.

When Esha was looking for internships, she “tapped into the Snider network, a really great community of alumni that have gone on to do such incredible things. Everyone in Snider pays it forward.”

However, this focus on “paying it forward” doesn’t stop at the alumni network.

Michael Sarboraria, W’28, C’28 (Photo credit: Weining Ding, W’27)

Michael Sarboraria, a first-year in the Life Sciences and Management program, began his time in the Snider Consulting training program in early October. In high school, he worked on a passion project that produced braces for multiple-sclerosis patients, and he came into Penn looking to gain exposure to life sciences entrepreneurship.

Of his time in the training program so far, he mentions that his biggest takeaway is the willingness of upper-level students like Esha and Shivani to serve as mentors in his professional and personal development.

“The training really starts from the ground up,” he remarked. “The fact that they’re willing to put aside time and actually invest in the younger students in the program is the most positive form of mentorship I’ve had.”

However, the mentorship extends beyond professional into personal. Shivani says that Snider “sets up coffee chats where students can grab a coffee or meal, and the upper-level students get to know them outside of the projects that they do.”

Students also learn the necessary business art of the coffee chat and get to earn that coffee money themselves. Michael has done a few coffee chats and gotten the inside scoop about course selection and life at Penn, but he’s excited to “graduate” the training period.

“I’m looking forward to completing the training program,” he said. “My next step is actually getting involved in the program and trying to make an impact for some of these startups that I’ve been really excited to see passing through.”

—Alex Zhou, C’25, W’25

Posted: December 4, 2024

Wharton Stories

Wharton EMBA Students Bond On and Off the Field

Image: Wharton EMBA soccer team (Photo Credit: Obehi Ukpebor)
What began as a fun way to unwind before Saturday classes has grown into a beloved tradition for many students in Wharton’s MBA Program for Executives.

EMBA weekends are packed with a variety of activities, from rigorous classes and study sessions to group dinners—and, of course, SOCCER.

Obehi Ukpebor, WG’25, a second-year student originally from Nigeria and the team’s honorary captain, says playing sports has always been a way for him to quickly make friends in new environments. Wanting to foster and strengthen a sense of community while also deepening his relationships with classmates, Obehi proposed the idea of starting a Wharton EMBA soccer team. The response was immediate and enthusiastic.

Credit: Obehi Ukpebor, WG’25

The first game was played right after a “particularly challenging” Term 1 final exam, and what started as a casual match quickly turned into a regular weekend fixture. Over time, it evolved into a full-fledged tradition, with multiple teams, official jerseys, and occasional matches against the EMBA cohort from the Philadelphia campus.

With busy schedules balancing full-time jobs and academic commitments, Obehi finds that the soccer games offer a much-needed mental break. 

“It’s just pure fun,” he says. “Running around for an hour on the field is a great way to de-stress before Saturday’s classes and the rest of the weekend.”

The soccer games were so well-received that his classmate, Toms Zvidrins, WG’25, and Obehi also launched a Friday morning basketball game, which quickly became popular in the EMBA community. Both the soccer and basketball games are co-ed and open to classmates’ partners, children, friends, and Wharton professors.

For those who prefer a different kind of activity, Professor of Operations, Information and Decisions Gad Allon offers “running” office hours on Saturday mornings, a group that often runs by the scenic waterfront of San Francisco. Some of the runners also come join the fun soccer games after their run.

These activities enrich the tight-knit community built among Wharton EMBA students, says Obehi. “When you get to Wharton you wonder if you’re at the right place because everyone is so smart and accomplished, but you quickly realize that everyone is there to support each other. It’s about getting better together, and this creates a strong bond. We look for opportunities to spend more time together.”

Credit: Obehi Ukpebor, WG’25

Obehi’s classmates, who include two Olympians, a former MVP of the Super Bowl, a former pro basketball player, doctors, scientists, veterans, and entrepreneurs, have become not only friends but also a support system and a lifelong network. “They inspire me, and I know we’ll be part of each other’s lives for the long term,” he says.

Beyond sports, Obehi’s classmates often organize events that strengthen their connections, such as camping trips, hikes, team dinners, and festive parties celebrating occasions like Halloween and Diwali.

“Aside from all of our academic coursework and studying, there’s always something happening,” Obehi adds. “Even when we travel for work, we make an effort to visit classmates in their hometowns. We find ways to stay connected and bond, no matter where we are in the country.”

By Meghan Laska

Posted: December 2, 2024

Wharton Stories

Wharton Ranked #1 in Poets & Quants 2024 Executive MBA Ranking

The Wharton MBA Program for Executives was named the top Executive MBA (EMBA) program by Poets & Quants in their 2024 rankings.

“We are incredibly honored to be recognized as the top Executive MBA program by Poets & Quants for 2024. This accolade reflects our commitment to providing unparalleled education and leadership development opportunities to our students. It underscores Wharton’s dedication to excellence and innovation in business education,” said Wharton’s MBA Program for Executives Director of Admissions Barbara Craft.

This prestigious recognition adds to Wharton’s impressive standing in other major rankings, including the top spot in U.S. News & World Report’s 2024 list of U.S. EMBA programs, third place in Fortune | Education’s Best Executive MBA Programs, and a tie for second in the Financial Times’ Global EMBA rankings.

Read more in Poets & Quants.

Posted: November 27, 2024

Wharton Stories

Wharton Field Challenge: Empowering Financial Futures

Image: Penn students explain to visiting West Philadelphia high-school students the difference between index funds and their returns. (Photo courtesy of MGMT 3530 TAs)
Third-year Anthony Wright describes taking an Academically Based Community Service (ABCS) course that teaches West Philadelphia middle- and high-school students financial literacy

This semester, I am taking an ABCS course, Management 3530: Wharton Field Challenge: Financial Literacy Community Project, a course that focuses on helping middle- and high-school students in West Philadelphia become financially responsible.

When researching Wharton as a prospective student, I fell in love with the idea that students were granted the opportunity to take ABCS classes and apply the knowledge learned inside the classroom to help West Philadelphia students. MGMT 3530 stood out to me in particular because it focuses on teaching financial literacy to students in underserved communities. As someone who grew up in a low-income community and a household with minimal financial literacy, I often turned to news articles, documentaries, and renowned business professionals to gain financial knowledge and advice. After finding this class, I knew it would be a privilege to share the financial knowledge I have learned at Wharton with these students and help them attain a life of financial freedom.

The class is structured in two main parts: lectures and in-class teaching lessons. On Mondays, Penn students meet to review the key financial literacy concepts we will cover in each week’s lesson plan. Moreover, we learn about the wealth disparities in the West Philadelphia community and how to best combat them. In these lectures, students are equipped with the knowledge and skills to hone their teaching techniques, classroom strategies, and overall basic financial literacy.

On Tuesdays through Fridays, Penn students go into West Philadelphia schools to build one-on-one relationships with middle- and high-school students and teach key financial literacy concepts covered in the lectures. The students are not only taught concepts but are also able to put this knowledge into practice. They have the opportunity to create the beginning stages of their own startups and can implement new skills in their business models. Furthermore, many students often begin investing in safe investments such as mutual funds, the S&P 500, and other high-performing, low-risk investment options, which start their journey to financial freedom and generational wealth.

One of the most surprising experiences I have had so far in this course is how interested these younger students are in learning about financial literacy. Whether it’s learning about ETFs (exchange-traded funds) and mutual funds, investing in stocks, or maintaining higher assets than your liabilities, the West Philadelphia students are so intellectually curious about what we are teaching and are constantly asking us ways they can immediately implement our advice into their lives and their financial wellbeing.

This course has been nothing short of eye-opening. Being able to witness these students’ brilliant ideas and their motivation to create generational wealth for their families has showed me how impactful this class is.

Growing up, I attended a school called Beacon Academy that helps eighth graders from underserved communities in Boston apply to independent boarding schools. This school changed the trajectory of hundreds of students’ lives, including mine. I was able to pursue my dreams of attending a New England boarding school which opened the door for me to attend a school like Wharton. After pursuing a career in finance, I want to return to Beacon Academy to continue the life-changing work they do and provide more students with the opportunity to create a better life for their families and themselves through education.

MGMT 3530 has inspired me to not wait until I am finished pursuing my career in finance to have an impact in underserved communities. Instead, it has shown me that I can have an impact on young students’ lives throughout my career.

For anyone who is on the fence about taking this class, I would highly recommend that they do. It is hard to understand the impact that you can have on students’ lives until you are in the classroom with them and directly interacting with them. For a lot of these students, they have never had the access to such helpful and useful financial advice, and are often so appreciative of the lessons we plan for them. Moreover, this class often gives students the inspiration as well as the confidence to attain a life of financial freedom, generational wealth, and potentially even pursue careers in business or finance.

Anthony Wright, W’26

Posted: November 25, 2024

Wharton Stories

Wharton student interns at Common Cents

“As financial landscapes evolve and new economic challenges arise, the role of organizations like Common Cents becomes even more important”

Erin Hong, W’26, Tenafly, NJ

Published on November 6, 2024.

This summer, I had the incredible opportunity to intern at Common Cents, a student-run organization at the University of Pennsylvania that doubles as a national nonprofit. Our mission is impactful yet simple: to prepare college students and underserved high school students with the necessary financial skills to achieve independence. The core of Common Cents’ approach lies in its community-oriented structure, where committees collaboratively organize events, workshops, and craft bespoke educational resources tailored to the unique needs of our peers.

The intimate setting of Common Cents, where I knew each team member personally, fostered a warm and supportive environment that was conducive to both personal and professional growth. This familiarity allowed for a free exchange of ideas, making our meetings feel more like brainstorming sessions among friends rather than formal corporate gatherings. It also enabled me to take initiative confidently, knowing that my contributions would be received openly and constructively.

This story is by Erin Hong. Read the full story here.

Posted: November 21, 2024

Wharton Stories

Tips for Round 2 Applications from the Admissions Director

The Round 2 deadline for Wharton’s MBA Program for Executives is January 14, 2025.

The Round 2 (and final) deadline for Wharton’s MBA Program for Executives is Tuesday, January 14, 2025. It’s crucial to start working on your application early, as crafting a strong submission requires significant time and effort.

This is the top recommendation from Admissions Director Barbara Craft. She advises prospective applicants to plan backwards from the deadline to figure out how much time is needed to secure sponsorship from your employer (their sign off is a required piece of the application). You will also need time to prepare for a standardized test, write compelling essays, complete the online application, gather transcripts, and secure a letter of recommendation from your manager or above.

“You can’t accomplish everything in just a week,” she says. “Begin early by discussing your plans with key people in your life, such as your partner, employer, and children. Their support is essential as you navigate this journey.”

Barbara also encourages visiting the program and engaging with current students. “It’s important to ensure that this program is a good fit for you. Current students can share their experiences in the program and explain the depth and flexibility of the curriculum and the time commitment required.”

If you receive an invitation for a virtual interview, be sure to come prepared. “Candidates should formulate thoughtful questions that relate to their unique circumstances and the Wharton experience. We’re trying to determine if someone is a good fit for this program and if the program is a good fit for them. Our questions aim to uncover how well prepared you are for an MBA, what your future aspirations are, as well as how you will contribute to the Wharton community,” she explains.

Recognizing that this is a significant decision, the admissions team is available to answer your questions and provide all the guidance they can, notes Barbara.

Here is a checklist of what is required to be submitted by the January 14 application deadline. 

If you have questions at any point in the application process, please contact us. We are happy to help and look forward to hearing from you!

-By Meghan Laska

Posted: November 8, 2024

Wharton Stories

Navy Vet Insights: What Military Applicants Should Know About Wharton’s EMBA Program

Navy Veteran and Wharton EMBA student Marco Segura, WG’25 aims to inspire and support more veterans in joining the program, by actively sharing his experiences, supporting military applicants, and demonstrating the value of their perspectives in the Wharton community.
Veterans and members of the military comprise more than 10% of the Wharton MBA Program for Executives (EMBA) class. Wharton second-year EMBA student and Navy veteran Marco Segura, WG’25, is one of those passionate to see that number increase.

“It’s a wonderful program and worth it, but like everything else you have to put your left foot in front of your right foot and go all in,” says Marco “Military students bring a lot of value to the program with their unique perspectives and experiences, and I am committed to helping more veterans transition into business.”He knows first-hand about unique experiences. Growing up in Lima, Peru, he dreamed of becoming an American and serving in the military. At age14, he embarked on an undocumented immigration journey to Virginia. Living with his aunt, he learned English in high school and planned a future in construction – until an admissions brochure arrived in the mail from the University of Virginia that ignited his aspirations for a four-year degree.

Marco with his mother in 2021
Marco with his mother in 2021, Photo: Ada Hermoza-Ross and George Ross

“I started to see how school was like magic,” says Marco. “It could unlock opportunities – and this would only happen in the U.S.” His new goal became to do well in school, attend college, and then join the military.
While he did earn his undergraduate degree from UVA, the rest of his plan was delayed due to his immigration status. As he sorted that out, he earned a master’s degree. Finally, after a delay of several years, he was able to join the Navy – but with a hitch. “When you’re a new American, you have to wait for a lengthy background check to be an officer, but I didn’t want to wait any longer to serve, so I enlisted,” Marco explains. With no prior mechanical experience, Marco became a ship mechanic and attended law school at night. “I was the only enlisted person in my Command attending law school night classes, waking up at 4 a.m. for military duties and then spending evenings in school.”

His focus shifted in his last semester when he attended a guest lecture by Wharton alumna and negotiation expert Mori Taheripour, WG’03. “Her talk ignited my interest in business and led me to consider pursuing an MBA at Wharton,” Marco recalls. After attending admissions events and engaging with Wharton’s EMBA program to learn if it would be a good fit, he decided to apply.

Today, he’s a second-year EMBA student at Wharton’s San Francisco campus, a Tillman Scholar, and Senior Assistant Vice President of Corporate & Investment Banking at Wells Fargo’s Confirmations Team. As a leader of the Wharton Veterans Club, he actively encourages fellow veterans to explore the EMBA program by sharing his experiences and how he navigated the admissions process.

Marco with his wife Karolline Segura
Photo: Leonor Hermoza

Marco emphasizes how he made sure to tell his personal story and how he would contribute to the Wharton community. “Approximately 1% of the population in the U.S. serves in the military; we are unique individuals with our own experiences and perspectives that we can bring to the classroom. That kind of diversity brings value to the ecosystem.”

Another important part of his application process, he says, was preparing for the standardized test and knowing when to ask for help. “I thought I was going to apply in Round 1, but I wasn’t happy with my Executive Assessment (EA) score. So, I sought out tutoring to improve my score enough to apply in Round 2,” Marco explains.
Knowing when to ask for help has continued to be crucial throughout his journey. “In my first year, I struggled with some quantitative subjects, but a member of my learning team helped me understand the material. I went to his house every week and we’d work together. Wharton EMBA students are collaborative, and we’re all committed to each other’s success,” he says. The program, he adds, forms a tight-knit community. “It’s an amazing place with a unique student body. My classmates are my inspiration and have become family. That’s why I want to make sure to give back to other military applicants by increasing awareness and supporting them through the process because this is an incredible opportunity.”

– Meghan Laska

Posted: November 4, 2024

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