The Wharton School of the University of Pennsylvania is the business school of the University of Pennsylvania, a private Ivy League university in Philadelphia, Pennsylvania. Established in 1881 through a donation from Joseph Wharton, the Wharton School is the world's oldest collegiate school of business; the Wharton School awards Bachelor of Science in Economics degrees at the undergraduate level and Master of Business Administration degrees at the postgraduate level, both of which require the selection of a major. Wharton offers a doctoral program and houses, or co-sponsors, several diploma programs either alone or in conjunction with the other schools at the university. Wharton's MBA program is ranked No. 1 in the United States according to Forbes and No. 1 in the United States according to the 2020 U. S. News & World Report ranking. Meanwhile, Wharton's MBA for Executives and undergraduate programs are ranked No. 3 and No. 1 in the United States by U. S. News. MBA graduates of Wharton earn an average $159,815 first year base pay not including bonuses, the highest of all the leading schools.
Wharton's MBA program is tied for the highest in the United States with an average GMAT score of 732 for its entering class. Wharton has over 95,000 alumni in 153 countries, including current U. S. President Donald Trump, SpaceX founder Elon Musk, billionaire investor Warren Buffett. Current and former CEOs of Fortune 500 companies including Alphabet Inc. General Electric, Pfizer, Oracle, PepsiCo and Johnson & Johnson are Wharton School alumni. Joseph Wharton, a native Philadelphian, was a leader in industrial metallurgy who built his fortune through the American Nickel Company and Bethlehem Steel Corporation; as Wharton's business grew, he recognized that business knowledge in the United States was only taught through an apprenticeship system, such a system was not viable for creating a wider economy during the Second Industrial Revolution. After two years of planning, Wharton in 1881 founded the Wharton School of Finance and Economy through a $100,000 initial pledge, making it the first business school established in the United States.
ESCP Europe, established in 1819, a few other business schools were established in Europe prior to Wharton's founding. The school was meant to train future leaders to conduct corporations and public organizations in a evolving industrial era. Wharton was quoted as saying that the school was meant to "instill a sense of the coming strife: of the immense swings upward or downward that await the competent or the incompetent soldier in this modern strife". From the founding of the school, he defined that its goal was "to provide for young men special means of training and of correct instruction in the knowledge and in the arts of modern Finance and Economy, both public and private, in order that, being well informed and free from delusions upon these important subjects, they may either serve the community skillfully as well as faithfully in offices of trust, or, remaining in private life, may prudently manage their own affairs and aid in maintaining sound financial morality: in short, to establish means for imparting a liberal education in all matters concerning Finance and Economy".
The school was renamed the Wharton School of Finance and Commerce, in 1902, formally changed its name to Wharton School, in 1972. Early on, the Wharton School faculty was connected to an influential group of businessmen and lawyers that made up the larger Philadelphia School of Political Economy; the faculty incorporated social sciences into the Wharton curriculum, as the field of business was still under development. Albert S. Bolles, a lawyer, served as Wharton's first professor, the school's Industrial Research Unit was established in 1921. Wharton professor Simon Kuznets, who won the Nobel Prize in Economics, created statistical data on national output, prices and capital stock, measured seasonability and secular trends of these phenomena, his work laid out what became the standard procedure for measuring the gross national product and the gross domestic product, he led an international effort to establish the same statistical information for all national economies. Professor Lawrence Klein, who won the Nobel Prize in Economics, developed the first econometric model of the U.
S. economy, which combined economic theory with mathematics, providing another way to test theories and predict future economic trends. Wharton professor George W. Taylor is credited with founding the academic field of study known as industrial relations, he served in several capacities in the federal government, most notably as a mediator and arbitrator. During his career, Taylor settled more than 2,000 strikes. In 1967, he helped draft the New York State civil service law that legalized collective bargaining in the state but that banned strikes by public employees—legislation known today as the Taylor Law. Wharton professor Wroe Alderson is recognized as the most important marketing theorist of the twentieth century and the "father of modern marketing". Wharton professor Paul Green is considered to be the "father of conjoint analysis" for his discovery of the statistical tool for quantification of market research. Wharton professor Solomon S. Huebner is known as "the father of insurance education."
He originated the concept of "human life value", which became a standard method of calculating insurance value and need. He established the goal of professionalism in the field of insurance, developed the first collegiate level program in insurance and chaired the Department of Insurance at Wharton, contributed t
David Robert Clark is a United States rower. He was born in St. Louis and lives in Longmont, Colorado. Clark was the stroke on the U. S. national crew which finished third in the World Rowing Championships in Munich, Germany in 1981. He rowed on the four-oared crew that finished 7th in the World Rowing Championships in New Zealand 1983. Clark earned a silver medal with the U. S. team in the men's coxless four at the 1984 Summer Olympics with Jonathan Smith, Philip Stekl, Alan Forney. Their time of 6:06.10 was less than three seconds behind the victorious New Zealand team of Shane O'Brien, Les O'Connell, Conrad Robertson, Keith Trask, which finished at 6:03.48. Clark graduated from Cornell University in 1982, was inducted into the Athletic Hall of Fame in 1990. In the no. 6 seat with the Cornell heavyweight crew team, Clark won the Intercollegiate Rowing Association title in 1981 and 1982 and competed in the Henley Royal Regatta. Clark joined the Phi Kappa Psi fraternity at Cornell, through that organization, the Irving Literary Society.
Gioia e Rivoluzione is the third compilation of the Jazz fusion band Area and was released in 1996. This album concentrates on the albums released on the Cramps label. Just like the first compilation "Anto/Logicamente", this album contains "Citazione da George L. Jackson", the non-LP b-side of "L'internazionale". "L'Internazionale" appears as well, but instead of the studio version released on the single, it's the live version contained on the "Arezione" album. The studio version, as of 2014, is not available on CD. Luglio, Settembre - 4:29 Arbeit Macht Frei - 8:01 L'Abbattimento dello Zeppelin - 6:55 Cometa Rossa - 3:58 Lobotomia - 4:01 L'Elefante Bianco - 4:36 La Mela di Odessa - 6:46 Gioia e Rivoluzione - 4:39 L'Internazionale - 4:02 Evaporazione - 1:56 Il Massacro di Brandeburgo n. 3 in Sol Maggiore - 2:31 Citazione da George L. Jackson - 3:18 Giulio Capiozzo - drums, percussion Patrizio Fariselli - electric piano, clarinet, synthesizer Demetrio Stratos - vocals, harpsichord, steel drums, percussion Ares Tavolazzi - bass, trombone Paolo Tofani - guitar, flute Eddie Busnello - saxophone Patrick Djivas - bass, double bass