zurichs wrote:
The aforementioned article is not and should not surprising given Wharton's strong tie to Wall Street (the school was formerly known as The Wharton School of Finance).
Many schools have core competencies (HBS = management / Stanford = tech / Wharton = Finance) and depending on latest macro-trends, a school will either benefit or suffer. Essentially, Wharton's core competency is tarnished at present - everyday there is a new negative article about finance. Nothing is permanent and the tides will change. HBS has at times fallen to 4th and 5th in rankings, so has Stanford and Booth. These schools cycle through the top spot(s) but rebound because they have strong alumni, great university affiliations and the recognition of employers. You really cannot go wrong regardless of where you choose to go.
Despite the current situation, Wharton still puts more people on Wall Street than any other school, and those jobs still pay more than any others (even after the decline).
The most important thing to ask yourself is whether you think a school is highly reputable (pedigree helps a lot) and if the companies you want to work for recruit there. Last week Tesla was, along with Apple, Amazon, Google and Microsoft were on campus. I have multiple friends who worked at all these places and Wharton has strong, demonstrated ties to the West Coast tech scene. In May of last year, our tech / entrepreneurship competition attracted top VC judges who represented billions in AUM.
We also have the Goldmans, McKinnseys and Blackstones of the world as well.
An small admissions statistic cannot and will not derail a school with a century of success.
Ultimately, you want to leave on a better path than you came in on and the recruiting power of this place is in my opinion, incredible.
Best of luck everyone.