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Advanced Finance Program

Program Overview

The Wharton Advanced Finance Program is a one-of-a-kind, world-class opportunity for senior-level executives and high-potential professionals who are rapidly ascending in their career to learn and master finance in an immersive yet flexible learning journey.

Taught by the same distinguished Wharton faculty who teach in our top-ranked MBA program, the Advanced Finance Program is for executives who need to master the necessary financial skills to remain at the leading edge of their professions.

Upon completion of the Advanced Finance Program, you will be granted Wharton alumni status, becoming a part of our 96,000+ global alumni network, and gain access to resources that facilitate both personal and professional growth through lifelong learning opportunities.

Read more about the Experience & Impact »

Advanced Finance Program Highlights & Benefits

  • Enjoy the flexibility of starting your learning journey in a timeframe that aligns with your professional goals and allows you to learn while you work
  • Build a global network through the dynamic Wharton learning community in which you will be immersed
  • Experience individual coaching and support from Wharton’s team of expert executive coaches
  • Achieve Wharton alumni status

Contact Us

Schedule a personalized consultation with Maria Minniti, Director, Senior Leadership Programs.

+1.215.898.1776  

Download the program schedule, including session details.

Tuition for Philadelphia programs includes lodging and meals. Prices are subject to change.

Still considering your options? View programs within Finance & Wealth Management or use our Program Finder.

Experience & Impact

The Advanced Finance Program provides an exclusive, tailored learning journey that allows you to accelerate your learning development in a way that complements your current knowledge base and helps you meet your career goals. You will be taught by the same Wharton faculty who teach in our top-ranked MBA program. Also, in many of our finance programs the learning environment is further enriched by renowned industry leaders and experts who reveal best practices and share highly relevant experiences from the industry front lines.

The Advanced Finance Program consists of six open-enrollment finance programs and is designed to be completed within two years. Choose from the following programs:

Throughout your learning journey, you will experience highly personalized service from Wharton. From the application process and program selection, to executive coaching and one-on-one feedback, you will have world-renowned business experts to support and guide you.

At the completion of the Advanced Finance Program, you will return to your organization with:

  • Advanced financial acumen that will distinguish you professionally
  • Strategic insight that will strengthen your financial leadership skills as well as enhance your professional value to your company
  • A powerful network of peers and industry leaders from a variety of industries and business disciplines

Who Should Attend

The Advanced Finance Program is for senior-level executives and high-potential professionals who wish to accelerate their career development in the area of modern finance. Specifically, this program is a unique alternative to a master’s in finance. Additionally, executives working in roles where they need to significantly expand their understanding of finance or whose career mobility demands greater financial expertise will benefit.

Ideal participants will have significant career and academic achievement and will currently be on a career progression that has involved consistently increasing levels of responsibility.

The Admissions Committee may request that applicants submit academic records and a professional letter of recommendation as part of the admission process. If requested, this letter must be written by someone who can attest to your professional achievements and provide additional information about your career goals.

Plan Your Stay

FAQs

What is the Advanced Finance Program?

The Advanced Finance Program (AFP) is a flexible approach to obtaining an advanced level of executive education in finance. Intended for executives for whom professional development is a priority, AFP is structured to support career advancement with a curriculum that is comprehensive in finance.

Benefits of the AFP include:

  • Wharton alumni status, including a lifelong Wharton email address
  • The flexibility to select from eight open-enrollment programs in finance
  • The opportunity to build a global peer network
  • Executive coaching
  • A personalized Wharton consultation to guide the design of your program experience

Will I become a Wharton alumnus/alumna if I complete the program?

Yes, upon successful completion of the AFP, you will be granted Wharton alumni status.

You will be joining one of the largest business school alumni organizations in the world. With more than 96,000 members who live and work in more than 130 countries, the Wharton alumni network is a powerful community of which you become a part and to which you have access.

Upon completion, AFP participants will receive a lifelong Wharton email address, and be invited to global alumni forums that showcase thought leadership from around the world. Also, you will have access to resources that facilitate both personal and professional growth through lifelong learning opportunities.

How is the Advanced Finance Program different from an MBA?

The program’s flexible nature and the immersion in the subject of finance is what most distinguishes the Advanced Finance Program from a traditional MBA degree, which generally includes courses in marketing, strategy, and leadership. The AFP consists of six open-enrollment finance programs that you select to meet your individual professional goals, taken on your own timetable over a two-year period. Please note, however, that the six programs do not qualify for academic credit and cannot be transferred or used as a credit toward a degree.

In a traditional MBA cohort, participants spend up to two years with their same class of peers. Because the AFP experience is condensed over six program weeks, you will meet and interact with many individuals from all over the world, allowing you to create your own powerful professional network.

This program, however, could be considered an alternative to a master’s in finance.

Which programs are eligible?

The AFP consists of six open-enrollment finance programs. Choose from the following programs:

Please contact us at +1.215.898.1776 or execed@wharton.upenn.edu for a personalized consultation.

Do I have to take three finance programs each year, or can I complete them more quickly?

You may complete the AFP in less than a year. The only requirement is to complete all six finance programs within a two-year period.

A Wharton program consultant can assist you in selecting the sequence of programs that meets your professional goals and fits your work schedule. Please contact us at +1.215.898.1776 or execed@wharton.upenn.edu for a personalized consultation.

Can I take longer than two years to complete AFP?

No. The curriculum is designed to be completed in two years or less, and the timeframe for completion cannot be extended.

If I previously attended and completed an open-enrollment finance program at Wharton, can I receive credit toward completing the AFP?

If you attended an open-enrollment finance program within the past 24 months, you may be eligible to receive credit for ONE program toward completing the AFP. Please contact us at +1.215.898.1776 or execed@wharton.upenn.edu for a personalized consultation.

I attended a Wharton Custom Program sponsored by my company. Would the Custom Program count toward the AFP?

No, we regret that we cannot consider custom programs as eligible to count toward the AFP.

Is there an application deadline?

Admissions are done on a rolling basis, so the earlier you submit your application, the better. It is best to apply at least three months in advance of the first program you wish to attend. Upon approval of your application, your first program becomes your entry point into the AFP.

Do I need to take the GMAT or any other graduate-school admissions exam?

No, we do not require an admissions examination to attend an executive education program.

I graduated from a university several years ago or already have an MBA. Can I still apply?

Yes. AFP participants come from different professional and educational backgrounds, but what distinguishes them is a commitment to lifelong learning and professional advancement.

English isn’t my native language, and I don’t work in an English-language environment. Can I still attend?

All AFP candidates must be fluent in English to complete reading assignments and to actively engage in group discussions and activities. Being able to fully communicate in English with your executive peers and Wharton faculty is an integral part of the experience.

If you have taken the Test of English for International Communication (TOEIC) within the past two years, your score must be 800 or higher.

If you have less than one year’s experience working in an English-speaking environment, or if you are unsure about your current level of English, please contact us immediately at execed@wharton.upenn.edu. We can better advise you then.

How much does it cost? What forms of payment are accepted?

The total AFP fee is $65,000. This includes tuition for six open-enrollment finance programs, executive coaching, private accommodations, most meals, and all program materials.

Payment can be made by check, wire transfer, or credit card.

A $10,000 deposit is due within 30 days of acceptance into the program. This confirms your attendance. The balance of $55,000 is due within the next 60 days, or 90 days after acceptance to the program.

I’ve been accepted to AFP, but I’m unable to attend and wish to cancel my enrollment. What should I do?

If you wish to cancel enrollment in one of your selected AFP courses, we are more than happy to reschedule your attendance for the next program date, or we can work with you to identify a more convenient session. If you wish to withdraw entirely from the AFP, please contact Wharton Client Relations at +1.215.898.1776 or execed@wharton.upenn.edu to discuss your specific situation.

Please note these transfer and cancellation policies:

Transfer of Registration:

We will allow participants to transfer between different dates of a specific program with at least 10 days’ notice before the start date.

Cancellations and Refunds:

Cancellations received more than 90 days prior to the start of the first program in your learning journey will receive a full refund. Cancellations received less than 90 days prior to the first program’s start date will incur a charge of $10,000. Please note that after you have taken your first program in the AFP, no refunds will be given.

Requests to cancel or defer participation in the AFP must be made in writing and submitted to Wharton Client Relations at execed@wharton.upenn.edu.

I have a question that isn’t addressed here. Whom can I contact?

For more information, please contact Wharton Client Relations at +1.215.898.1776 or by email.

Faculty

Itay Goldstein, PhD   See Faculty Bio

Joel S. Ehrenkranz Family Professor; Professor of Finance; Coordinator of PhD Program, The Wharton School

Research Interests: Corporate finance, financial fragility and crises, financial markets

Robert Holthausen, PhD   See Faculty Bio

EY Professor; The Nomura Securities Co. Professor; Professor of Accounting and Finance, The Wharton School

Research Interests: Effects of organizational structure on financial performance, management compensation issues, valuation

Jeffrey F. Jaffe, PhD   See Faculty Bio

Associate Professor of Finance, The Wharton School

Research Interests: Corporate finance, investments, money management, and the effects of information on the behavior of security prices

Michael Roberts, PhD   See Faculty Bio

William H. Lawrence Professor; Professor of Finance, The Wharton School

Research Interests: Applied econometrics, corporate investment, capital structure

Bilge Yilmaz, PhD   See Faculty Bio

Wharton Private Equity Professor; Professor of Finance; Director, Wharton Alternative Investments Initiative, The Wharton School

Research Interests: Corporate finance, alternative investments, game theory, political economy

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