This major brings theoretical tools and practical experience to bear on the relationship among business, government, and society. Areas of faculty expertise include deregulation and privatization, technology, public and urban finance, and international industrial policy.
This major provides in-depth foundations for those interested in the complex relationships between business and the natural environment, management of environmental risks, and the business and economics of energy.
The Diversity, Equity & Inclusion major prepares students to face the challenges involved in creating and maintaining organizations that are diverse, inclusive, and rooted in equity. As organizations attempt to harness the contributions of many stakeholders, students who pursue the major will not only be well prepared for DEI-focused careers, they will also be prepared to be leaders of change in any organizational role.
The Entrepreneurship & Innovation major provides MBA students with skills, analytical tools, perspectives, and experiences that prepare them for careers as autonomous entrepreneurs, family-business entrepreneurs, or entrepreneurs in corporate settings. Students create real business plans, work on other field projects, and gain access and insight from entrepreneurial business community leaders.
The major in Environmental, Social and Governance Factors for Business (ESGB) is designed to provide in-depth foundations for those interested in the complex relationships between business and the natural environment and business and society more broadly, including management of environmental, social, and governance risks and opportunities, and the ways in which firms incorporate ESG factors into their governance.
The Finance major provides students with the tools required to take on financial leadership roles in both the private and public sector. While attention is given to historical and institutional aspects, the primary emphasis is on analytical methods that make extensive use of cutting-edge techniques from economic analysis, statistics and computer science.
The health care management major differs from many other majors at Wharton in blending specific coursework and professional development opportunities. The major draws on a rich variety of electives across the university, including courses in the behavioral and applied social sciences, biomedical sciences, and social policy. It is closely associated with the Leonard Davis Institute of Health Economics, which facilitates research and education in health services financing and delivery. You must apply for admission to this major at the time of your initial Wharton application.
Students whose interests do not conform to existing MBA disciplines may petition for the approval of an individualized major. This option is available to students with specific, well-defined, interdisciplinary interests. We encourage students to explore the variety of MBA subjects that the Wharton MBA program offers, but we also recommend students plan their journey carefully. Individualized MBA majors require forethought and planning to complete; we would strongly advise students interested in this pathway to speak with an academic advisor once accepted into the Wharton MBA program.
Marketing investigates fundamental approaches to understanding markets, competitors, and portfolios of product offerings and operating technologies. Wharton has one of the largest sets of marketing courses and faculty.
The multinational management major focuses on multinational management complemented by functional electives in the areas of finance, marketing, accounting, legal studies, public policy, real estate or health-care management.
This major aims to improve the quality and productivity of enterprises by discovering, developing, and validating new principles, theory, and methods. Rooted in process management, decision making and information.
The organizational effectiveness major is designed to educate students in leading edge theory and practice associated with employee management and the organizational design. This major spans topics from understanding individual and group behavior to designing management systems and structures to support business strategy.
The Quantitative Finance major aims to prepare students for a wide range of careers in the financial industry, including quantitative asset management and trading, financial engineering, risk management and applied research. It is designed to appeal to students with strong quantitative backgrounds who wish to develop their skills for quantitative applications in finance. Students majoring in Quantitative Finance will have both the technical expertise that allows them to compete for quantitative positions in finance, and the generalist MBA experience that provides them with the necessary leadership skills to quickly rise to the top of their organizations.
One of two industry-focused majors at Wharton, the real estate major consists of three required courses (real estate law, development, and finance) and two electives, including real estate economics, urban fiscal policy, the relationship between government policy and private development, international real estate markets, and the aesthetic and technical considerations of architecture. Coursework provides the quantitative and qualitative tools necessary for leadership.
The major in Social and Governance Factors for Business (SOGO) is designed to provide in-depth foundations for those interested in the complex relationships between business and society, including management of environmental, social, and governance (ESG) risks and opportunities more broadly, and the ways in which firms incorporate ESG factors into their governance. It is designed for those students especially interested in the social and governance factors.
The statistics major teaches students to develop a systematic and effective approach to data, draw inferences and conclusions, and communicate results. This major widely applies across industries because its quantitative approach offers important insights for general decision making. Courses range from a rigorous training in the fundamentals of statistical theory to applications of popular methodologies, such as regression analysis and forecasting. Courses also provide exposure to computer software for implementing key techniques.
The strategic management major has a deep grounding in the basic logic of competitive advantage, premised on a careful analytical treatment of the distinct qualities and positions of individual firms and an understanding of broader competitive dynamics.
Our STEM majors offer another benefit for international students, who can obtain a STEM OPT extension for their F-1 visa after graduation. The extension allows students to apply the skills they learned in their STEM degree studies in full-time employment in the U.S. If you choose one of these majors, you will be eligible for 36 months of post-completion OPT (compared to 12 months for a non-STEM major):
14.00 Undergraduate Internship in Economics
(, )
Prereq: Permission of instructor
Units arranged [P/D/F]
For Course 14 students participating in off-campus internship experiences in economics. Before registering for this subject, students must have an employment offer from a company or organization and must identify a Course 14 advisor. Upon completion of the internship, student must submit a letter from the employer describing the work accomplished, along with a substantive final report from the student approved by the MIT advisor. Subject to departmental approval. Consult departmental undergraduate office.
Staff
No textbook information available
14.000 Graduate Internship in Economics
(, )
Prereq: Permission of instructor
Units arranged [P/D/F]
For Course 14 students participating in off-campus internship experiences in economics. Before registering for this subject, students must have an employment offer from a company or organization and must identify a Course 14 advisor. Upon completion of the internship, student must submit a letter from the employer describing the work accomplished, along with a substantive final report from the student approved by the MIT advisor. Subject to departmental approval. Consult departmental graduate office.
Staff
No textbook information available
14.001 Data Economics and Development Policy Summer Internship
(, , )
Prereq: Permission of department
Units: 0-1-0
TBA.
Provides students in the DEDP Master's program the opportunity to synthesize their coursework and professional experience in development economics and data analysis. In the context of a summer internship, students apply the knowledge gained in the program towards a project with a host organization, typically in the development sector. Students will be supported in finding a suitable opportunity or research project. All internship placements are subject to approval by the program director. Each student must write a capstone project report. Restricted to DEDP MASc students.
S. Ellison
No textbook information available
14.06 Advanced Macroeconomics
()
Not offered regularly; consult department
Prereq: 14.01 and 14.02
Units: 4-0-8
Blends a thorough study of the theoretical foundations of modern macroeconomics with a review of useful mathematical tools, such as dynamic programming, optimal control, and dynamic systems. Develops comfort with formal macroeconomic reasoning and deepens understanding of key macroeconomic phenomena, such as business cycles. Goes on to study more specific topics, such as unemployment, financial crises, and the role of fiscal and monetary policy. Special attention to reviewing relevant facts and disentangling them from their popular interpretations. Uses insights and tools from game theory. Includes applications to recent and historical events.
Staff
14.13 Psychology and Economics
()
(Subject meets with 14.131)
Prereq: 14.01
Units: 4-0-8
Introduces the theoretical and empirical literature of behavioral economics. Examines important and systematic departures from the standard models in economics by incorporating insights from psychology and other social sciences. Covers theory and evidence on time, risk, and social preferences; beliefs and learning; emotions; limited attention; and frames, defaults, and nudges. Studies applications to many different areas, such as credit card debt, procrastination, retirement savings, addiction, portfolio choice, poverty, labor supply, happiness, and government policy. Students participate in surveys and experiments in class, review evidence from lab experiments, examine how the results can be integrated into models, and test models using field and lab data. Students taking graduate version complete additional assignments.
F. Schilbach