If You’re Going to San Francisco, Be Sure to Wear a Cell Phone in Your Hair

Starting
this fall, business students
interested in earning an MBA from the Wharton School will be able to attend
a lecture, grab lunch at the Fog City Diner and cruise down to the Silicon
Valley for an afternoon meeting with a start-up. Wharton West, as it’s
called, will offer the school’s executive MBA program, individual MBA
courses (for students based in Philadelphia), internships, expanded executive-education
courses and faculty-research projects—all in the City by the Bay.
Dr. Patrick Harker,
dean of the school, said that Wharton West is a “direct response to market
forces” and will “bring the Wharton brand of management education and
the best of Wharton’s resources to emerging markets and developing industries
in the West.”
“If you look
at the history of this school over the last 20 years, it is very much
a story of relentless innovation,” added Dr. David Schmittlein, the Ira
A. Lipman Professor of Marketing who serves as Wharton’s deputy dean.
“This is a reflection of that.” The program, which is costing the school
in the realm of $10 million, also “fits very nicely with Wharton’s desire
to be the global leader in management education.”
Schmittlein quickly
makes it clear that it’s “not just a tech-based, dot-com kind of phenomenon,”
adding: “We have a fabulous and very active alumni base, about 7,000 people
on the West Coast, that would like us to be more active there. That’s
an attraction for us, besides our ongoing interest in New Economy companies
and technology-based businesses. We’ve also got a set of faculty that
are interested in entertainment and sports businesses or businesses that
tend to work off of those kinds of business models. There is a concentration
of [economic] activity on the West Coast, which is a draw for us, because
it is easier to interact with [those businesses] with a greater presence
on the West Coast than we currently have.”
The executive
MBA program is set at 100 students, with “two cohorts of roughly 50-60
students per cohort,” Schmittlein noted, which is the size of the executive
MBA program in Philadelphia.
Wharton West
also provides the school with a “significant expansion in our global reach
for global clients” of its non-degree executive programs, both in West
Coast-based companies and “companies that have significant operations
in Asia that find it much more feasible to send people for a week to San
Francisco” than to Philadelphia.
In addition,
Wharton has been investigating the possibility of forming partnerships
with certain business schools outside the U.S., and having a presence
in Philadelphia and San Francisco “makes us much more appealing” to potential
partners.