Business Education

Wharton Business School location

Leadership in the Business World  August 25, 2015 – 07:21 am
The University of Pennsylvania

LBW offers opportunities to learn about leadership in 21st century organizations through a dynamic and rigorous mix of classes with Wharton professors and business leaders, company site visits, and team-building activities.

Each summer, LBW students:

  • Attend lectures and presentations from outstanding Wharton faculty and guest speakers.
  • Engage in classroom discussions about core business subjects, entrepreneurship, and leadership.
  • Receive coaching on communication and team-building skills from six upper-level Wharton undergraduates who serve as Resident Team Advisors (RTAs).
  • Develop and enhance leadership skills through collaborative teamwork.
  • Visit business enterprises and speak with successful leaders across the industries of finance, entrepreneurship, entertainment, real estate, retail, and more.
  • Work in teams to design and present an original business plan, evaluated by a panel of venture capitalists and business professionals.
  • Participate in weekend and evening cultural and social activities.
  • Test their potential as future business leaders.

Application Policies and Procedures

Wharton will select 160 students to attend LBW. LBW will run from . The program fee is $7, 500 and covers tuition, housing, most meals, activities, and weekend trips.

Admission to LBW is highly selective. Each year the LBW admissions committee receives many more applications than there are available places. Selections are based on a record of academic excellence, demonstrated leadership, and a genuine interest in developing leadership skills. Admission to LBW is need-blind.

Application for the program requires:

  • High school transcript (unofficial transcript is acceptable)
  • School profile (obtained from school office or guidance counselor)
  • Two letters of recommendation from teachers
  • Short essay
  • $75 application fee

It is optional, but we recommend that applicants send in standardized test scores for the LBW application.

If English is not an applicant’s first language and the applicant’s school does not provide instruction in English, the admissions committee requires TOEFL scores. Competitive applicants tend to have a composite score of 100 and above. SAT or ACT tests may be submitted in lieu of the TOEFL.


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