Aithal, Architha and Aithal, Sreeramana (2018): How and Why Wharton Business School became World Topper – A Case Study on Organizational Quest for Excellence of First US Business School. Published in: International Journal of Application or Innovation in Engineering & Management (IJAIEM) , Vol. 7, No. 1 (10 February 2018): pp. 15-42.
Preview |
PDF
MPRA_paper_85727.pdf Download (172kB) | Preview |
Abstract
After accepting quality higher education as service, many global business schools are competing to attract intelligent students to various innovative courses and by training them to become further smart, providing better challenging placements in the corporate sector with lucrative salaries. Such schools competing globally by differentiating their education model through top-level infrastructure, globally competitive faculty member, providing industry oriented and research-based curriculum, customized curriculum and teaching methods through providing a choice from an infinite number of electives, and competence based examination and evaluation system. Recent ranking results announced by the USA based Elsevier’s SSRN identified Wharton Business School of the University of Pennsylvania, USA as Ranked ONE business school in the world in terms of its number of annual research paper publications. Wharton’s 235-plus professors are one of the largest, most published faculties at any business school. The standing and affiliated faculty members of WBS work within and collaborate across 10 academic departments. For 2019 outgoing MBA batch, the school admitted 863 students from 65 countries out of 6,692 applicants. In this paper, we have analysed the operational and business strategy of Wharton business school in its quest for excellence and courage to innovate decisions on academic performance and research performance and compared with its competitors in the same country like Booth School of Business, Harvard B-School, Stanford Graduate B-School, Stern B-School, Columbia B-School, and Sloan B-School.
Item Type: | MPRA Paper |
---|---|
Original Title: | How and Why Wharton Business School became World Topper – A Case Study on Organizational Quest for Excellence of First US Business School |
Language: | English |
Keywords: | SSRN Ranking, Wharton Business School, Operational and business strategy in Business school, Research case study, Faculty research output, Organizational Strategy, Quest for excellence in higher education |
Subjects: | A - General Economics and Teaching > A2 - Economic Education and Teaching of Economics A - General Economics and Teaching > A2 - Economic Education and Teaching of Economics > A23 - Graduate I - Health, Education, and Welfare > I2 - Education and Research Institutions > I23 - Higher Education ; Research Institutions O - Economic Development, Innovation, Technological Change, and Growth > O3 - Innovation ; Research and Development ; Technological Change ; Intellectual Property Rights O - Economic Development, Innovation, Technological Change, and Growth > O3 - Innovation ; Research and Development ; Technological Change ; Intellectual Property Rights > O31 - Innovation and Invention: Processes and Incentives |
Item ID: | 85727 |
Depositing User: | Dr. Sreeramana Aithal |
Date Deposited: | 08 Apr 2018 07:04 |
Last Modified: | 26 Sep 2019 20:19 |
References: | [1] Aithal, P. S. (2017). An Effective Method of Developing Business Case Studies based on Company Analysis, International Journal of Engineering Research and Modern Education (IJERME), 2(1), 16-27. DOI: http://dx.doi.org/10.5281/ZENODO.400579. [2] Aithal, P. S. (2017). Industry Analysis – The First Step in Business Management Scholarly Research. International Journal of Case Studies in Business, IT and Education (IJCSBE), 2(1), 1-13. DOI: http://dx.doi.org/10.5281/zenodo.810347. [3] Aithal, P. S., (2017). Company Analysis – The Beginning Step for Scholarly Research. International Journal of Case Studies in Business, IT and Education (IJCSBE), 1(1), 1-18. DOI: http://dx.doi.org/10.5281/zenodo.573769. [4] Pfeffer, J., & Fong, C. T. (2004). The business school ‘business’: Some lessons from the US experience. Journal of management studies, 41(8), 1501-1520. [5] Graham, A. K., Morecroft, J. D., Senge, P. M., & Sterman, J. D. (1992). Model-supported case studies for management education. European Journal of Operational Research, 59(1), 151-166. [6] https://www.wharton.upenn.edu Accessed on 10th December 2017. [7] Aithal, P. S. & Suresh Kumar, P. M. (2016). Opportunities and Challenges for Private Universities in India. International Journal of Management, IT and Engineering (IJMIE), 6(1), 88-113. DOI : http://doi.org/10.5281/zenodo.161157. [8] Aithal, P. S. & Suresh Kumar, P. M. (2016). Innovations in Private Universities : A Case of Srinivas University. International Journal of Management, IT and Engineering (IJMIE), 6(1), 250-264. DOI : http://doi.org/10.5281/zenodo.161151. [9] Aithal, P. S. (2016). Creating Innovators through setting up organizational Vision, Mission and Core Values : a Strategic Model in Higher Education. International Journal of Management, IT and Engineering (IJMIE), 6(1), 310-324. DOI : http://doi.org/10.5281/zenodo.161147. [10] Braun, N. M. (2004). Critical thinking in the business curriculum. Journal of Education for Business, 79(4), 232. [11] Hu, E. Y. (2017). "Do Undergraduate Business Schools Cultivate Creative Thinking: The Wharton Curriculum As A Case In Point," Joseph Wharton Scholars. Available at https://repository.upenn.edu/joseph_wharton_scholars/27. [12] Aithal, P. S., Madhushree, Revathi, R. (2017). Comparison of Private Universities in India based on NIRF Ranking and Fee Charging Strategies. International Journal of Case Studies in Business, IT and Education (IJCSBE), 1(2), 72-85. DOI: http://dx.doi.org/10.5281/zenodo.1098373. [13] Mazzarol, T., Norman Soutar, G., & Sim Yaw Seng, M. (2003). The third wave: Future trends in international education. International Journal of Educational Management, 17(3), 90-99. [14] Aithal, P. S. & Shubhrajyotsna Aithal, (2016). Impact of On-line Education on Higher Education System. International Journal of Engineering Research and Modern Education (IJERME), 1(1), 225-235. DOI : http://doi.org/10.5281/zenodo.161113. [15] Aithal, P. S. (2016). Innovations in Experimental Learning – A Study of World Top Business Schools. International Journal of Scientific Research and Modern Education (IJSRME), 1(1), 360-375. DOI : http://doi.org/10.5281/zenodo.161043. [16] Aithal, P. S., Srinivas Rao, A. & Suresh Kumar, P. M. (2015). How Innovations and Best Practices can Transform Higher Education Institutions : A case study of SIMS. International Journal of Management (IJM), 6(2), 83 – 98. DOI: http://doi.org/10.5281/zenodo.61594. [17] Aithal, P. S., Srinivas Rao, A. & Suresh Kumar, P. M. (2015). Quality Enhancement in Higher Education Institutions : A case study of SIMS. International Journal of Multidisciplinary Research and Development, 2(5), 18-31. DOI: http://doi.org/10.5281/zenodo.266940. [18] Aithal, P. S., (2015). How an Effective Leadership and Governance Supports to Achieve Institutional Vision, Mission, and Objectives. International Journal of Multidisciplinary Research and Development, 2(5), 154-161. DOI: http://doi.org/10.5281/zenodo.266788. [19] Aithal, P. S., (2015). Development and Deployment in Higher Education Institutions. Elixir International Journal, 84, 33594 – 33597. DOI: http://doi.org/10.5281/zenodo.266779. [20] Aithal, P. S., (2015). Strategies to be adopted in Higher Education Institutions to Enhance Admission Demand. International Journal of Extensive Research, 5, 9-25. DOI: http://doi.org/10.5281/zenodo.268530. [21] Aithal, P. S., (2015). Faculty Empowerment Strategies in Higher Education Institutions. International Journal of Management, IT and Engineering (IJMIE), 5(7), 108-115. DOI: http://doi.org/10.5281/zenodo.266967. [22] Aithal, P. S., and Suresh Kumar, P. M. (2015). Applying SWOC Analysis to an Institution of Higher Education. International Journal of Management, IT and Engineering (IJMIE), 5(7), 231-247. DOI : http://doi.org/10.5281/zenodo.163425. [23] Aithal, P. S., Suresh Kumar, P. M., and Pavithra Kumari, (2015). Methods and Approaches for Employability Skill Generation in Higher Educational Institutions. International Journal of Management, IT and Engineering (IJMIE), 5(7), 390-410. DOI: http://doi.org/10.5281/zenodo.267044. [24] Aithal, P. S. (2015). Comparative Study on MBA Programmes in Private & Public Universities - A case study of MBA programme plan of Srinivas University. International Journal of Management Sciences and Business Research (IJMSBR), 4 (12), 106-122. DOI : http://doi.org/10.5281/zenodo.163884. [25] Hawawini, G. (2005). The future of business schools. Journal of Management Development, 24(9), 770-782. [26] Varun Shenoy & Aithal, P. S., (2017). Placement Strategies of World's Top Business Schools. International Journal of Management, Technology, and Social Sciences (IJMTS), 2(1), 6-17. DOI: http://dx.doi.org/10.5281/zenodo.810144. [27] Vidaver-Cohen, D. (2007). Reputation beyond the rankings: A conceptual framework for business school research. Corporate Reputation Review, 10(4), 278-304. [28] Aithal, P. S. & Suresh Kumar, P. M. (2017). Challenges and Opportunities for Research & Publications in Higher Education. International Journal of Scientific Research and Modern Education (IJSRME), 2(1), 42-49. DOI: http://dx.doi.org/10.5281/ZENODO.400619. [29] Aithal, P. S. (2017). Comparison of Research Output and Fee Charging Strategies of Some Top Global & Indian Business Schools. International Journal of Case Studies in Business, IT and Education (IJCSBE), 1(1), 53-66. DOI: http://dx.doi.org/10.5281/zenodo.584117. [30] Aithal, P. S. (2016). Study of Annual Research Productivity in Indian Top Business Schools. International Journal of Scientific Research and Modern Education (IJSRME), 1(1), pp.402-414. DOI : http://doi.org/10.5281/zenodo.161041. [31]. Aithal, P. S. (2016). Study of Research Productivity in World Top Business Schools, International Journal of Engineering Research and Modern Education (IJERME), 1(1), 629-644. DOI : http://doi.org/10.5281/zenodo.160969. [32] Aithal, P. S. & Suresh Kumar, P.M., (2016). ABC Model of Research Productivity and Higher Educational Institutional Ranking. International Journal of Education and Management Engineering (IJEME), 6(6), 74-84. DOI: http://doi.org/10.5815/ijeme.2016.06.08. [33] Aithal, P. S. and Suresh Kumar, P. M. (2016). Organizational Behaviour in 21st Century – Theory A for Managing People for Performance. IOSR Journal of Business and Management (IOSR-JBM), 18(7), 126-134. DOI: http://doi.org/10.9790/487X-180704126134. [34] Aithal, P. S. & Suresh Kumar, P. M. (2016). Theory A for Optimizing Human Productivity, IRA-International Journal of Management & Social Sciences, 4(3), 526-535. DOI : http://dx.doi.org/10.21013/jmss.v4.n3.p2. [35] Aithal, P. S., Shailashree V. T & Suresh Kumar P. M., (2016). Analysis of ABC Model of Annual Research Productivity using ABCD Framework. International Journal of Current Research and Modern Education (IJCRME), 1(1), 846-858. DOI : http://doi.org/10.5281/zenodo.62022 [36] Aithal, P. S. & Suresh Kumar, P. M. (2016). CCE Approach through ABCD Analysis of ‘Theory A’ on Organizational Performance. International Journal of Current Research and Modern Education (IJCRME), 1(2), 169-185. DOI: http://dx.doi.org/10.5281/ZENODO.164704. [37] Aithal, P. S. (2016). Research Performance Analysis of Some Indian Top Business Schools Using ABC Model. International Journal of Computational Research and Development, 1(1), 70-83. DOI : http://doi.org/10.5281/zenodo.163532. [38] Aithal, P. S., (2016). Inspiring through Self-Contribution – An Analysis of How Active the Indian Top Business School Directors in Research & Publications. International Journal of Engineering Research and Modern Education (IJERME), 1(2), 137 – 154. DOI: http://dx.doi.org/10.5281/ZENODO.164690. [39] Aithal, P. S., (2016). Excellence in Individual Research & Publications : Examining the Active Role of Role models (Deans) of World Top Business Schools. International Journal of Engineering Research and Modern Education (IJERME), 1(2), 179-199. DOI: http://dx.doi.org/10.5281/ZENODO.192881. [40] Aithal, P. S. & Suresh Kumar, P. M. (2016). Application of Theory A on ABC Model to enhance Organizational Research Productivity in Higher Education. International Journal of Advanced Trends in Engineering and Technology (IJATET), 1(1), 142-150. DOI : http://doi.org/10.5281/zenodo.240646. |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/85727 |