<p>^Not entirely true. If you take too many classes in Wharton when you're not, you can get put on academic probation. I've seen it happen; it's hilarious.</p>
<p>I've never seen a SAS kid (outside of math and physics majors) be competitive quantitatively. Wharton vs. SEAS quantitative stuff - that's another story and there's merits to both Excel-style math and differential equations-style math.</p>
<p>"If someone is debating between wharton and SAS, and not sure what you want to do, just do SAS."</p>
<p>I suppose that's good advice, in a way. If you don't know for sure that you want to go to Wharton and have a business career, you don't really belong there. There's nothing wrong with that but keep in mind that you basically only get one shot at Wharton - some people have the idea that they'll just transfer if they change their mind later, which would be great except that they take very few transfers.</p>
<p>I'm not sure that it's really true that SAS students and Wharton students are on a level playing field for business jobs. Not to say that zero SAS people get hired, but you'd think that having a degree from the #1 undergrad B-school in the country would give you, uh maybe like a slight advantage?</p>
<p>I think you have a funny definition of "substantive" meaning "excluding all real world applications'. The difference between a Wharton degree and SAS econ degree (and other Ivy econ programs) is like the difference between engineering and physics - physics tells you why a bicycle works but nothing about how to actually build a bicycle, engineering teaches you how you would actually build a bike. As an engineer you need to understand physics up to a point (Newtonian physics) but beyond that point (relativity, quantum mechanics, etc.) the theoretical stuff doesn't help you in the real world in most cases . If your goal is to be a physics professor you have know that stuff but if your goal is to be an engineer who designs bicycles you don't need ten theoretical physics courses. Same thing with Wharton - if you think of it as "financial engineering" then you realize you need a certain level of theoretical knowledge but beyond that point there are diminishing returns.</p>
<p>I suppose if by "SAS students" you mean "math/physics majors" you'd be correct that they were ahead of the average Wharton student in math. That leaves the other say 90% of SAS students who are behind.</p>
<p>And yet there are so very many liberal arts students from Harvard, Yale, Princeton, Swarthmore, Columbia, Williams, Amherst, that get hired by these very same firms, even though they are surely "behind" in math.</p>
<p>Ye gads! banking jobs without a finance degree?? How can this be?? My shiny wharton world is crumbling around me!! o noes!!</p>
<p>Banking using math? Come on. Determining percentages in excel is not math. Are those liberal arts students going to hedge funds and doing real quantitative work? Only the most outstanding ones who might as well have math majors.</p>
<p>Bagels, you're quickly devolving into a college apologist.</p>
<p>Oh please. I've always been a proponent of liberal arts education over business education at the undergraduate level on principle. This is nothing new. Moreover, after 4 years of witnessing the two side by side, I can now say such a philosophical opinion is reinforced by empirical observation. As for quantitative powers of Wharton students, what you just said is exactly my point:</p>
<p>
[quote]
Banking using math? Come on. Determining percentages in excel is not math. Are those liberal arts students going to hedge funds and doing real quantitative work? Only the most outstanding ones who might as well have math majors.
[/quote]
</p>
<p>The relatively extensive quantitative training (or predisposition) of business students is not a prerequisite to entrance into the temples of high finance. Critical thinking and intelligence in general are far more valuable and sought-after by employers.</p>
<p>What would really be interesting is a comparison of alumni data that compares graduates by industry, so the 13% of college grads who go into finance can be compared against the 40% of wharton grads who do. Unfortunately the differences in methodology make such a comparison very difficult.</p>
<p>Wharton's methodology separates bonuses from salary (we don't know which graduates have these bonuses, but 55.7% of them do), whereas the College lumps salary and bonus together.</p>
<p>As for per-industry, the College delineates salary by industries (in which case the average finance salary is $591,375 and the median is $222,500) But that too is impossible to compare to Wharton which only lists the average salary for its entire graduate body, including the 60% not involved in finance, which gives an average salary of $165,699, a median of $150,000). And the average bonus is $304,442 but we don't know which graduates get those.</p>
<p>If you make all sorts of assumptions and statistical faux pas, then you can lump the averages we have (medians are of course better but we lack a median bonus reported), which would make it SAS = $591,375 and Wharton = 165,699 + 304,442 = $470,141. However this comparison is based on so many glaring statistical cockups that it's essentially worthless.</p>
<p>Im thinking about economics. Would I have to apply to Wharton or to the college?</p>
<p>If you are accepted into the college and then decide you want to be in Wharton can you get in? What about vice versa?</p>
<p>Also what is Wharton looking for anyway? I haven't quite figured that out. If you have no previous business experience or anything like that can you still get in? Is Wharton, like all the other schools, looking for "diversity?"</p>
<p>hey guys i have a BIIIG question.
on the supplement section (form 1C), there's a drop-down box thingy that's supposed to give u options of which single degree school u'd like to be considered for if not chosen for the whatever accelerated/joint degree programs u choose.</p>
<p>how come when i click on the arrow, there's absolutely NOTHING??? i'm confused</p>
<p>1) Wharton is for applied business careers. College's Economics is more academic and traditional liberal arts school teaching.</p>
<p>2) You must have a high GPA in your time at Penn to enter one school from another. It's around 3.8 to go into Wharton; don't remember College but someone else here posted it recently.</p>
<p>3) No school is going to say they aren't looking for diversity. You'd just better be smart and as they say, take a Mathematics SAT II. Wharton does not expect you to have a stock market account or to have run your own Fortune 500 company as a high school student to get in.</p>