what is a whartonite 
 whartonite is a colloquial term used to refer to graduates of the wharton school of the university of pennsylvania because of the wharton school s reputation in the financial sector the term whartonite is often associated with professionals in industries such as investment banking investment management private equity and venture capital in some cases the term can be used in a derogatory manner referring to a professional with an attitude of superiority or arrogance in this sense it is associated with the negative stereotypes that sometimes surround the financial sector the wharton schoolthe wharton school was established in 1881 by the industrialist joseph wharton it is widely referred to simply as the finance school due to having long been rated as the preeminent school for those pursuing careers in finance 1despite its reputation for producing graduates who work for wall street and other financial firms wharton also boasts mba majors in a diverse range of subjects including healthcare management marketing real estate and environmental social and governance esg factors 2the school has been expanding outside of its pennsylvania location it launched an executive mba program in 2001 through which students can complete their studies out of a newly established campus building located in san francisco similarly the school opened the penn wharton china center in 2015 a new campus located in beijing that aims to strengthen wharton s connections and influence in the greater china region 34rankings and alumniwharton is widely regarded as one of the world s top institutions for business education u s news world report ranks wharton s mba program as the third best in the united states it ranks its undergraduate business program as number one 56those looking for examples of individual wharton graduates will have no shortage of people to choose from in fact wharton boasts a large alumni network for its mba program of 100 000 graduates it is no surprise that some among them are very prominent indeed including sundar pichai ceo of alphabet john sculley former ceo of pepsi and peter lynch the one time manager of fidelity s magellan fund elon musk and warren buffett both also attended wharton as undergrads though buffett transferred out before graduating 78