Press Releases

PHILADELPHIA, September 15, 2020 — Penn President Amy Gutmann and Wharton Dean Erika H. James are pleased to announce a $10 million commitment from the foundation established by Wharton MBA alumnus Yuri Milner and his wife Julia, to create the Friends of Israel MBA Fund. This new fellowship will provide…Read More

PHILADELPHIA, September 14, 2020—As Election Day 2020 draws closer, the Biden campaign has unveiled a substantial list of policy proposals. The Penn Wharton Budget Model (PWBM) at the Wharton School of the University of Pennsylvania has analyzed the budgetary and economic effects of Biden’s tax and spending plans across seven…Read More

Deadline to Apply for Online Program is October 16 What: The Wharton School is pleased to invite business journalists to apply for the flagship Wharton Seminars for Business Journalists program. The Wharton Seminars for Business Journalists, led by the Wharton School’s most prominent professors, help reporters gain a better understanding of key business…Read More

New Wharton Baker WisePlum Consumer Loyalty Study Reveals that Consumers are Less Forgiving, Needing More From Retailers During Global Pandemic PHILADELPHIA, August 3, 2020 – The COVID-19 pandemic has made a substantial impact on retail and, as a result, brands are continuing to strategize on how best to engage with…Read More

Using Data Science to Optimally Allocate COVID-19 Tests to Protect Travelers LOS ANGELES – July 27, 2020 – A multi-disciplinary team of researchers, entrepreneurs, and policy makers announced an AI-based project, nicknamed “Eva,” that uses data to support decision making by the Greek government as it reopens the tourist industry…Read More

PHILADELPHIA, July 15, 2020—The Lipman Family Prize announced that Hope Enterprise Corporation and CareMessage are the two winners of the Beacon Awards. Each organization will receive $250,000 in unrestricted funds. Three additional organizations were named finalists for the Beacon Awards: READ Global, Soccer Without Borders, and iDE. “With this additional…Read More

What: Adi Wyner, Professor of Statistics and Faculty Lead of the Wharton Sports Analytics and Business Initiative, will lead a live panel discussion on the future of sports in a post-pandemic world and how leagues are pivoting their plans and business models to move forward without fans in attendance. Hosted…Read More

A Showcase for Wharton Thought Leadership  PHILADELPHIA, June 8, 2020 — The global pandemic has reordered the rules of business in ways that will not be obvious until months or years from now. And while many business leaders know that a quick return to “business as usual” is not possible,…Read More

Prism Fellowship to be awarded annually to incoming first-year student  PHILADELPHIA, June 1, 2020 – The Wharton School of the University of Pennsylvania today announced its new Prism Fellowship which recognizes an outstanding MBA student who is both a member of and demonstrates leadership in support of the LGBTQIA+ community.…Read More

PHILADELPHIA, May 28, 2020 — The ongoing coronavirus pandemic will have long-term consequences for the federal budget, including the Social Security program’s finances. While the annual Social Security Trustees Report released April 22, 2020 did not account for the effects of the pandemic on Social Security’s finances, the Penn Wharton Budget Model (PWBM) has included these effects in its latest projections of Social Security’s financial outlook. PWBM finds that: Under…Read More

PHILADELPHIA, May 19, 2020 — Wharton Dean Geoffrey Garrett is delighted to announce an anonymous $10 million gift to amplify opportunities and outcomes of the cutting edge Wharton Neuroscience Initiative (WiN). This commitment will propel faculty research and teaching, student learning, and corporate engagement through WiN. “WiN isn’t narrowly about…Read More

PHILADELPHIA, May 14, 2020 – The Wharton Global Youth Program at the Wharton School of the University of Pennsylvania is excited to announce the winning teams in the 8th annual Knowledge@Wharton High School Investment Competition. This year’s Global Finale, held via live video conference on May 8 for nearly 100…Read More

PHILADELPHIA, May 12, 2020 – The Carnegie Corporation of New York announced today that Penn Integrates Knowledge Professor Duncan Watts has won a 2020 Andrew Carnegie Fellowship, which includes a grant of $200,000. With his grant Watts plans to study bias and misinformation in the media. The 2020 class of Andrew…Read More

Led by AI expert Kartik Hosanagar, AI for Business will explore impact to industries and society Professor Kartik Hosanagar PHILADELPHIA, May 7, 2020 – The Wharton School of the University of Pennsylvania announced today the establishment of Wharton AI for Business (Artificial Intelligence for Business), which will inspire cutting-edge teaching and research in artificial intelligence, while…Read More

Felicity Johnson, WG’20, Founder, and John Hurst, WG’20, V’20, Strategic Advisor PHILADELPHIA, May 4, 2020 – Penn Wharton Entrepreneurship is pleased to announce the winner of the fourth annual Startup Challenge, sponsored by Eric Aroesty, C’92: My Virtual Veterinarian, founded by Felicity Johnson (WG’20) and advised by John Hurst (WG’20,…Read More

PHILADELPHIA, May 4, 2020 — Penn President Amy Gutmann, Wharton Dean Geoffrey Garrett, and Penn Arts & Sciences Dean Steven J. Fluharty are pleased to announce the establishment of the Rosa Lee and Egbert Chang Professorship at the University of Pennsylvania, generously funded by Nancy Yang, W’92 in honor of her…Read More

PHILADELPHIA, May 1, 2020 — In response to the coronavirus pandemic, at one point almost every U.S. state had imposed lockdown orders. Some states have begun to relax these orders and many others are considering easing their restrictions. Penn Wharton Budget Model (PWBM) analyzed the health and economic effects of…Read More

PHILADELPHIA, April 8, 2020 — On March 27, 2020, President Trump signed the $2.3 trillion Coronavirus Aid, Relief and Economic Security (CARES) Act, providing immediate relief to households and businesses in response to the coronavirus pandemic. Penn Wharton Budget Model (PWBM) has analyzed the short-term economic effects of the pandemic…Read More

PHILADELPHIA, April 2, 2020 — Wharton Dean Geoff Garrett is delighted to announce a new chapter in finance research and education at the Wharton School. The MBA program is launching a new quantitative finance major within the Finance Department. New courses will be offered, bolstered by the establishment of the…Read More

Payroll tax holiday would cost more than $800 billion, leave out low-income households  PHILADELPHIA, March 12, 2020 — In response to the economic effects of the coronavirus (COVID-19), the Trump administration has called for a temporary payroll tax holiday that would eliminate all Social Security and Medicare payroll taxes. Penn…Read More