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Focus on Wharton in China

Focus on Wharton in China

Located in Philadelphia, Wharton Business School of the University of Pennsylvania is one of the world’s best business schools. Founded in 1881, it is the first business school in American universities. The goal of this business school is to teach business related knowledge, and train professional people to lead the world and speed up its development in the future. Wharton has profound influence in all aspects concerning business, including global strategy, finance, risk and insurance, public health, law and morality, fixed assets, and public policy. Its mode of business education stresses leadership, and the ability of innovation. In this focus on Wharton, we will go over what makes this business school one of the best in the United States  and also how it can help you grow your career in China.

What makes Wharton so Great?

The Wharton School not only trains future business elites, but also studies deep into the business world. Also, it is the world’s top innovator of business knowledge. To realize this goal, it has to master inter-disciplinary methods and associate these methods closely with the business world. The 18 research centers of Wharton have been shouldering such responsibility. The fields these research centers study into include: leadership and emergency problem dealing, starting business, e-commerce and business revolutions. In these research centers, professors, students and business people sit together to discuss and analyze problems.

Currently, Wharton has over 240 experienced teachers and professors, over 5,000 undergraduates, MBAs, EMBAs and Phds. Also, there are over 8,000 senior executives who take classes. Its over 110,000 graduates form the biggest alumni network for business schools in the world. Wharton now has alumni associations in 73 districts in the world, and 47 of them are not in America. These provide chances of career and personal development for Wharton alumni. Some of its alumni have become successful businessmen or statesmen. These include the president & CEO of Estee Lauder Companies, Leonard Lauder, CEO of Deutsche Post AG, Klaus Zumwinkel, the famous ‘stocks god ‘ Warren Buffet, the famous Chinese economist Lang Xianping(郎咸平), and vice president of Fidelity, Peter Lynch.

Over 1/3 of Wharton’s students are from countries other than America, which means that students can get to know many different cultures here. Since the world is now globalizing, it is important to have knowledge of other cultures. Wharton was ranked the best business school in the United states by the 2022 USnews ranking.

How can Wharton help you start a career in China?

In January 2013, Wharton opened its WFOE in China. This agency will take charge of Wharton’s study for the China market, complete Wharton’s website in Chinese, develop new courses for senior executives and other programs related to China. Now,  Wharton has 15,000 Alumni in Greater China, who have all received the advanced and systematical education of Wharton, and made outstanding contributions to the development of China’s economy

Wharton provides programs for executives in China. Volkswagen(上海) had its senior managers took market strategy courses in Wharton given by Professors David Rubinstein and John Zhang.

By cooperating with its graduates in China, Wharton has established cooperation relationships with many large companies in China, which can provide Wharton with many good students, and provide internships and jobs for Wharton’s graduates. Also, Wharton can help these companies to train their employees. Wharton has cooperation programs with over 20 business schools and universities in China. Changjiang Business School(长江商学院), and the business schools of Tsinghua University and Peking University are all its cooperators. 

On top of those partnerships, Wharton business school is fostering the Wharton China Center, and various international business programs to give you the tools to start your career in China. At Daxue, we can help you further with our internship program that will help you develop a better understanding of the Chinese market. With us, you will work on market research reports and in-depth articles in the fields that interest you the most and learn more about China’s business environment. 

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Edited by Amy Wang from Daxue Consulting China