Friday Factoid: Wharton Means Consulting?
January 29th, 2010
Perennially ranked among the top business schools in the world, Wharton as its original name, the Wharton School of Finance and Commerce, indicates is best known for its reputation in finance, still its largest department. However, if you are under the impression that Wharton is the program of choice for future investment bankers only, think again!
Check out these 5 facts about consulting at Wharton:
- Every year since 2005, more graduates have accepted positions in consulting than in investment banking.
- Wharton’s Consulting Club is one of its largest, with more than 800 members, a membership of approximately half the students in the program.
- One of Wharton’s most popular electives is Strategy and Competitive Advantage. Professor Nicolaj Siggelkow, a protégé of strategy guru Michael Porter, is notorious for pushing students to clarify their answers, when they use trite buzzwords like “adding value” and “frameworks,” landing students in the hot seat for 30 minutes of additional questions.
- The 2008 Consulting Conference was the largest student-run consulting event ever held at Wharton, featuring a keynote speech by the chairman of the Americas region of McKinsey & Co., as well as panels on topics ranging from best practices in private equity to those in socially responsible business.
- In recent years, the Consulting Club has hosted an annual case competition for first-year students; the winners have been offered summer internships with Boston Consulting Group.
