For the first time in its 140-year history, the Wharton School of the University of Pennsylvania will welcome an MBA class with more women than men.
The incoming 2023 MBA class is nearly 52 percent women, which marks a 10 percent increase in female students compared to last year's first-year class.
"If industry truly desires its organizations — and the leadership within them — to reflect the world around us, we must improve the diversity of the pipeline of future business leaders. In short, this crucial work must start here," said Dean Erika James, PhD, the first woman ever appointed to lead the school.
Wharton set two other MBA records: The class of 2023's average GMAT score of 733 is the highest ever for an incoming class, and LGBTQ+ representation reached 7 percent, also an all-time high.
Wharton ranks No. 2 among the best business schools in the country by U.S. News & World Report.