Introducing the Core: Cluster 1 20082009

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Introducing the Core Cluster 12008-2009
Anjani Jain, Vice Dean Peggy Bishop Lane, Deputy
Vice Dean
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Introducing the Core

• Purpose of the Core
• Structure of the Core
• Faculty Perspectives
• First Year Basics
• Questions and Answers

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Why Does Wharton Have a Core Curriculum?

• Conceptual foundations essential to any business
  career path
• Breadth of knowledge relevant to the general
  manager
• It lays the foundation of leadership, analytical
  skills, and business fundamentals
• Fall term has particular focus on leadership and
  analytical tools to prepare for better
  understanding of business fundamentals

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Conceptual Structure of the Core
Foundational Learning
Pre-Term Courses
Management Communication
Ethics and Responsibility
Leadership Essentials
Management of People at Work
Foundations of Leadership and Teamwork
Government and Legal Environment of Business
Analytical Foundations
Managerial Economics
Statistics for Managers
Decision Models and Uncertainty
Conceptual Framework for General Management
STRATEGY
FINANCE
ACCOUNTING
OPERATIONS
MARKETING
Operations Quality and Productivity
Marketing Program Design
Competitive Strategy
Corporate Finance
Financial Accounting
Core Business Fundamentals
Global Strategic Management
Operations Supply Chain Management
Macroeconomic Analysis and Public Policy
Managerial Accounting
Marketing Strategy
Functional Specialization
Elective Courses in 18 Potential Majors
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MBA Curriculum
1st YEAR
FALL
SPRING
AUGUST
1st QUARTER
2nd QUARTER
3rd QUARTER
4th QUARTER
OPTIONAL
PRE-TERM
GLOBALIMMER SION MGMT 656 (.5
cu)
Managerial Accounting ACCT 622 (.5 cu)
Managerial Accounting ACCT 622 (.5 cu) (if not
taken in Fall)
Financial Accounting ACCT 621 (.5 cu)
Marketing Management Strategy MKTG 622 (.5 cu)
or
or
Financial Accounting ACCT 620 (1 cu)
Statistical Analysis for Management STAT 621 (.5
cu)
Management of People at Work MGMT 621 (.5 cu)
Operations Management Supply Chain Mgmt OPIM 632
(.5 cu)
Operations Management Quality
Productivity OPIM 631 (.5 cu)
Foundations of Leadership Teamwork MGMT 652
(.5 cu)
Foundations of Leadership Teamwork MGMT 652
Governmental Legal Environment of
Business LGST/BPUB 621 (.5 cu)
Ethics Responsibility LGST 652 (.25 cu)
Marketing Management Program Design MKTG 621 (.5
cu)
Competitive Strategy MGMT 654 (.5 cu)
Global Strategic Management MGMT 655 (.5 cu)
Macroeconomic Analysis and Public Policy FNCE 602
(1 cu)
Decision Models and Uncertainty OPIM 621 (.5 cu)
Managerial Economics MGEC 621 (.5 cu)
Corporate Finance FNCE 601 (1 cu)
Corporate Finance FNCE 601 (1 cu) (If not taken
in Fall)
or
Mgmt Communication WHCP 653 (.25 cu)
Mgmt Communication WHCP 653 (.25 cu)
Mgmt Communication WHCP 653 (.25 cu)
Mgmt Communication WHCP 653 (.25 cu)
or
or
or
2nd Year
FNCE 602 (1 cu) (if not taken in previous
spring) Electives (4.0 - 5.0cu, depending upon
FNCE 602)
Electives (5.0cu)
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Fall Core Cluster 1
Peggy Bishop Lane, ACCT 621 Adj. Assoc.
Professor of AcctDeputy Vice DeanPhD,
Northwestern Univ., 1995
Stanley Baiman, ACCT 620
Professor of AcctPhD, Stanford Univ., 1974
Edward I. George, STAT 621 Professor of
Statistics Chair, Statistics Dept.PhD, Stanford
University, 1981 (Cohort B Faculty Liaison)
Rick Johnston, ACCT 620
Visiting Assistant Professor of AccountingPhD,
Wharton, 2004
Wayne R. Guay, ACCT 620 Associate Professor of
Acct PhD, Univ. of Rochester, 1998
David R. Bell, MKTG 621 Assoc. Professor of
MarketingPhD, Stanford Univ., 1996 (Cohort C
Faculty Liaison)
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Fall Core Cluster 1
Alex Edmans, FNCE 621 Asst. Prof. of
FinancePhD, MIT, 2007
Franklin Allen, FNCE 601 Professor of Finance
Econ.DPhil, Univ. of Oxford, 1980
Sigal Barsade, MGMT 652 Assoc. Professor of
MgmtPhD, Cal - Berkeley, 1994
Nien-he Hsieh, LGST 652 Assoc. Prof. of Legal
Studies PhD, Harvard Univ., 2000
Neil A. Doherty, MGEC 621 Prof. of Insur. and
Risk MgmtPhD, Cranfield Inst. of Tech., 1979
John Paul MacDuffie, MGMT 621 Professor of
ManagementPhD, MIT, 1991
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Fall Core Cluster 1
Gavin Cassar, ACCT 622Asst. Professor of
AccountingPhD, UC Berkeley, 2005
Kartik Hosanagar, OPIM 621 Asst. Professor of
OperationsPhD, Carnegie Mellon University,
2003 (Cohort A Faculty Liaison)
Olivier Chatain, MGMT 654Asst. Professor of
ManagementPhD, INSEAD, 2007
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Registration

• Non-Auction
• Core Courses
• Pre-registered with your cohort
• Pre-determined time block
• Will appear on your Spike calendar and on
  PennInTouch as registrations become final, by
  September 2nd
• Independent/Advanced Study Projects
• Non-Wharton Courses
• Auction
• Electives
• Substitutes (e.g., BPUB784 or MKTG777)
• See Fall Core Grid

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FNCE601 Corporate Finance

• Question Fall or Spring?
• Reasons to postpone until spring semester
• Some dual degree/specialized programs
• Lauder and Health Care students
• Students with little or no quantitative
  background
• Consequences
• Cannot put off core to take elective
• Different instructors in different semesters
• Can create essential breathing room
• See an academic advisor to discuss
• Fill out online form currently available closes
  tomorrow, August 22

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WHCP653Management Communication

• Question 1 Quarter 1, 2, 3 or 4?
• Question 2 Native or Non-native?
• Considerations
• Waivers
• Recruiting expectations
• Meets once a week may not miss first class and
  strict attendance policy thereafter
• Time
• Native Sections Opposite MGMT 652 in Q1, LGST
  652 in Q2
• Non-native sections 12pm or 3pm
• Online form currently available closes tomorrow,
  August 22nd

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Concert Rules

• Pre-Term was relaxed your fall faculty will
  expect you to respect the classroom environment
• Class starts and ends on time. Students and
  faculty are expected to be prompt.
• Students sit according to a seating chart.
• Students remain in attendance for the duration of
  class, except in an emergency.
• Students display name tents.
• All phones and electronic devices are turned off.

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Grading at Wharton

• Grading system
• Relative scale
• Traditional A through F with and -
• Required distribution
• Maximum Class MBA GPA 3.33 (B)
• Lowest 10 (LT) indication is required
• Grading Guidelines
• As 25-35
• Bs 60
• C and below 5-15
• Minimum Academic Standards
• Fewer than 3 F grades in any two contiguous
  grading periods
• Fewer than 5cu of LT indicators in first year
• Probation 2 or more F grades in any grading
  period

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Honors at Wharton

• Criteria
• Graded courses only, not P/F
• Only Wharton courses are counted
• Minimum of 3cu at Wharton
• No Fs
• Honors
• Directors List (semester, top 10)
• First year honors (academic year, top 20)
• Ford Fellowship (academic year, top GPA)
• Inselbag Scholarship (academics, leadership)
• Graduation with honors (top 20)
• Palmer Scholars (top 5)

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Exams

• Schedule is published on MBAPO website
  (Calendars)
• Q1 Midterms
• MGEC 621 Tuesday, Sept. 23
• ACCT 621 Wed., Sept. 24
• FNCE 621 Thurs., Sept. 25
• ACCT 620 Mon., Sept. 29
• Q1 Finals
• ACCT 621 Thurs., Oct. 16
• MKTG 621 Fri., Oct. 17
• MGEC 621 Mon., Oct. 20
• STAT 621 Tues., Oct. 21
• FNCE 621 Wed., Oct. 22
• Rescheduling possible only for grave personal
  emergencies
• Discuss with MBAPO, faculty will refer you to our
  office

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Resources

• MBA Program Office
• Learning Team
• Cohort Academic Representatives
• Faculty Liaison
• Weingarten Learning Resource Center
• Counseling and Psychological Services (CAPS)
• Faculty and TA office hours
• Tutor_at_Wharton

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Questions?