Business Economics & Public Policy, MBA
The Business Economics and Public Policy major equips future business leaders with the tools to analyze incentives and policies of firms, governments, and consumers. Whether a firm is engaged in real estate development, bringing new products to market, developing new technologies, exporting products, addressing environmental issues, or providing infrastructure services, it will need to be familiar with the incentives of competitors and the role of government so that it can understand which actions it can take, and how other actors will respond.
The major enables students to formulate policy with the best techniques offered by both private and public sector research. The tools will be useful across a range of careers, particularly those that involve developing economies or regulated industries. It helps future private managers to understand, react to, and help form the environment in which they will operate.
The department’s courses focus on understanding the implications for the business world of increased globalization; technological change, such as the internet and e-commerce; the increasing role of intellectual property rights; and the public demand for greater government efficiency. These new developments have resulted in privatization, deregulation, and changes in health, antitrust, and environmental policy — all of which critically affect business interests.
For more information: https://bepp.wharton.upenn.edu/programs/mba/
Curriculum
A minimum of 19 course units is required for graduation.
Major electives taken on a pass/fail basis cannot be counted toward the Business Economics & Public Policy major.
| Code | Title | Course Units |
|---|---|---|
| BEPP Major Requirements | ||
| Select four course units, with at least three from the following: 1 | 4.0 | |
| Behavioral Economics, Markets and Public Policy | ||
| Housing Markets | ||
| Firms, Markets and Public Policy. | ||
| Risk Analysis and Environmental Management | ||
| Energy Markets & Policy | ||
| Public Finance and Policy | ||
| Urban Fiscal Policy | ||
| Nations, Politics, and Markets. | ||
| Risk Management | ||
| Markets for Pure Risk | ||
| Business Insurance and Estate Planning. | ||
| Fundamentals of Actuarial Science I | ||
| Fundamentals of Actuarial Science II | ||
| Actuarial Statistics | ||
| Advanced Study Projects | ||
| Advanced Corporate Finance | ||
| Electives | ||
| Select 5.5 course units of electives | 5.5 | |
| MBA Core Requirements | 9.5 | |
| Total Course Units | 19 | |
| 1 | Students may seek approval to have one of the four course units be from other departments of The Wharton School or in other schools of the University. |
MBA Core Requirements
| Code | Title | Course Units |
|---|---|---|
| Accounting | ||
| Select one of the following: | 0.5-1 | |
| Fundamentals of Financial Accounting | ||
| Fundamentals of Financial and Managerial Accounting | ||
| Finance 1 | ||
| Corporate Finance | ||
| Select one of the following: | 0.5-1 | |
| Corporate Finance | ||
| Corporate Finance (Half CU) | ||
| Macroeconomics | ||
| Select one of the following: | 0.5-1 | |
| Macroeconomics and the Global Economic Environment | ||
| Macroeconomics and The Global Economic Environment (Half CU) | ||
| Legal Studies | ||
| LGST 611 | Responsibility in Global Management | 0.5 |
| or LGST 612 | Responsibility in Business | |
| Microeconomics | ||
| MGEC 611 | Microeconomics for Managers: Foundations | 0.5 |
| MGEC 612 | Microeconomics for Managers: Advanced Applications | 0.5 |
| Management | ||
| MGMT 610 | Foundations of Teamwork and Leadership | 0.5 |
| MGMT 611 | Managing Established Enterprises | 1 |
| or MGMT 612 | Management of Emerging Enterprises | |
| Marketing | ||
| MKTG 611 | Marketing Management | 0.5 |
| MKTG 612 | Dynamic Marketing Strategy | 0.5 |
| or MKTG 613 | Strategic Marketing Simulation | |
| OIDD | ||
| OIDD 611 | Quality and Productivity | 0.5 |
| or OIDD 615 | Operations Strategy | |
| Select one of the following: 2 | 0.5 | |
| Quality and Productivity | ||
| Business Analytics | ||
| Online Business Models and the Information-Based Firm | ||
| Innovation | ||
| Operations Strategy | ||
| Statistics | ||
| STAT 613 | Regression Analysis for Business 3 | 1 |
| or STAT 621 | Accelerated Regression Analysis for Business | |
| Management Communication | ||
| WHCP 611 | Management Communication | 0.25 |
| Select one of the following: | 0.25 | |
| Advanced Persuasive Speaking | ||
| Communication Challenges for Entrepreneurs: "Pitching your Business" | ||
| Persuasive Writing for Business Leaders | ||
| Total Course Units | 9.5 | |
| 1 | |
| 2 | Students must take at least one of OIDD 611 and OIDD 615, and may take both to satisfy the requirement. |
| 3 | STAT 621 is by placement only. |
The degree and major requirements displayed are intended as a guide for students entering in the Fall of 2020 and later. Students should consult with their academic program regarding final certifications and requirements for graduation.