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  • MBA transfer
    From: tracy2009  Jul 08, 2012 Posts 1

     

    I am currently enrolled to a top 15 b-school for its MBA class of 2014. As my post MBA goal is to find a placement in Venture capital and Private Equity, I am considering transfer to Wharton. Could anyone please advise me all transfer related qualification, process and schedule?  Any inputs will be highly appreciated.

  • Re: MBA transfer
    From: Fanaticalfan  Jul 08, 2012 Posts 1,159
    In reply to

    Wharton does not accept 'transfers' - ie. you would not get credit for classes already completed (although you could claim a waiver from some core classes and take additional electives in their place). Basically, you would need to apply as a fresh applicant, not as a transfer.

    And I must say, that applying to Wharton when you have just started another well-regarded MBA program may be difficult. An MBA is a major investment in time and money, and it is generally expected that you will have done you due diligence before applying (and especially before accepting offers). Wharton adcom may read something into your decision-making skills on this issue.

    (No personal attack intended here - just how it may look at adcom).

    If you want to maximize your chances of being admitted to Wharton, my advice would be to withdraw from the other school now, rather than starting.

    But this is the high-risk strategy, as there is no guarantee you would be admitted to Wharton, and this could leave you with any MBA program at all (unless you can get a deferral from the other school?). Things could be even more complicated if you have already left your employer. Ultimately you will have to balance these issues up against the benefit of access to the PE/VC field (and even then, this is not an easy field to break into without relevant prior experience).

    FF

  • Re: MBA transfer
    From: victormlee  Jul 09, 2012 Posts 2,531
    In reply to

    I agree with most of what FF has said, above.

    Just to add some more color...unlike with four-year bachelor programs, the short, two year timeframe for the MBA program simply does not afford enough time to effect a transfer in a meaningful fashion. You would basically be losing out on at least 50% of the program - and arguably the more critical 50% (even if you did manage to get course credit recognized, in a hypothetical world). 

    At this point in time, I would say to go forward with your program, forget about Wharton, and put all your efforts into doing well in school and networking heavily. If you have no previous finance experience, entrepreneurial experience, and/or years of expertise in a particular field (especially in technology or natural sciences), consider exploring investment banking positions, first, to develop the skillsets which many PE and VC shops will assume/take for granted.

    -Victor

    WG '11 

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