DEFINITION of 'Wharton School'
This is one of America's top business schools and is located at the University of Pennsylvania. The Wharton School was founded in 1881 through a donation by Joseph Wharton. Wharton is considered to be the world's first collegiate business school and is regarded by many as one of the most prestigious business schools in the world.
BREAKING DOWN 'Wharton School'
The admissions process at Wharton School is one of the most highly competitive in the country. The Wharton School also offers a variety of business undergraduate degrees, along with an MBA and PhD program. Some specializations that Wharton offers include: accounting, finance, marketing, real estate, multinational management operations and entrepreneurial management.