Chance Me Wharton!

Hello! I am an upcoming senior and was wondering if anyone would be able to look through this and provide some feedback/chances! Thank You!

Demographics:
Indian male, Illinois, competitive public school, middle/high income

Major - finance (generally to other schools I am applying mix of business and engineering)

Scores:
GPA - 3.85 UW, 4.54 Wj
ACT- 36 (34 E, 36 M, 36 R, 36 S)
SAT - 1560 (790M, 770R)
SAT II - MATH 2 (780), Chem (750)
PSAT - 1480
Class rank: school doesn’t rank

  • I have earned some certificates in programming as well as financial trading

Transcript:

  • Freshman year: Only AP Human Geo allowed (5)
  • sophomore year: Only AP European History allowed (5)
  • junior year: APUSH, AP Chem, AP Calc AB, AP 3 English (all scores pending)
  • senior year: , AP physics (Both EM and Mechanics), AP Macro, AP Micro, AP Calc BC, AP Compsci

EC’S and awards:

  • Tennis: 4 Years in Highschool, Varsity since sophomore year
  • Hindu Sunday School (Youth Coordinator)
  • internship at a local startup (did marketing) during summer after 10th grade
  • finance research at the Univesity of Illinois summer after 11th
  • Business Professionals of America - 4 years, multiple state awards and 2nd in nation in Personal Financial Management
  • Chapter president of BPA as well
  • Model UN - 4 years - Treasurer for two years
  • Principal Advisory Board (what the name implies)
  • Director of Finance at local student run charity , also received a Mayoral Commendation for my work
  • Student Ambassador and member of finance team and charity known as Peerlift
  • Board Member for local youth group KidsMatter
    -Math tutor

If you would like more information, please let me know!!

I suspect that you understand that a finance degree from the Wharton School is among the most sought after and valuable degrees at the undergraduate level.

Your ACT is outstanding & your GPA is very good. ECs are good since they include notable athletic engagement as well as demonstrated interest in business & finance. But I think that you should apply ED if Penn-Wharton is truly your first choice so that your increase your odds for admission.

@Publisher If I apply ED, is it true that there is a higher chance I won’t get any financial aid? I am upper/middle class myself and I am not trying to pay too much for undergraduate college. I am really looking into the financial aid (both merit and need) portion of what schools have to offer as well.

As mentioned above, your ACT and GPA position you very well for a successful application. As someone who applied to Wharton last year, I would advise you to focus all of your college essays on how you are developing your passion for economics because Wharton’s finance program is extremely competitive. If Wharton is your top choice, I would highly recommend applying ED, as its ED program has about a 25% acceptance rate. The acceptance rate for regular decision is closer to 8%. Spend your first semester senior year being involved in economics as much as possible and focus your essays on your exploration of economics for the greatest chance of being accepted. Applying early or regular decision has no impact on finanial aid distributed. Furthermore, if you are accepted early and demonstrate that they did not provide the financial aid you need, you can be exempt from being required to attend the college.

@SwoleSoul : Because your initial post in this thread stated “middle/high income”, my impression was that financial aid was not a primary concern. Applying ED should not affect your financial aid award, if any, to the University of Pennsylvania Wharton School of Business.

If financial aid is a primary concern, then you should consider applying to schools which are likely to offer you merit scholarship grant money.

Also, I have different numbers regarding Penn’s admit rate for the most recent class (class of 2022) than those shared by another poster in this thread.

Penn’s overall admit rate for the class of 2022 was 8.39% which blends both ED & RD admits.

ED admit rate was 18.5% (1,312 admitted out of 7,074 ED apps).

RD admit rate was 6.46 % ( 2,419 admitted out of 37,408 RD apps).

Total number of apps received RD & ED for Penn’s class of 2022 was 44,482.

55% of the available freshmen seats were taken/offered to ED applicants.

As an aside, I believe that both Penn & Northwestern had overall admit rates of 8.39%.

bro its too easy see u there

@SwoleSoul you are definitely a promising candidate.
Did u end up applying ED? or are u waiting for RD decisions?

@paradox15 I was just waitlisted at Penn, Dartmouth, and UMich and rejected from Princeton, I will be most likely attending UT Austin’s McCombs school of business

@SwoleSoul did you ED at Penn or anywhere else?

@Sush2016 I did RD for penn and was waitlisted, did not RD anywhere

did not ED anywhere *