<p>Good LORD is there a lot of bad information flying around here. Okay, let’s get the basics down.</p>
<p>The Jerome Fisher Program in Management & Technology has been around for quite a long while. It gives you a degree from Wharton and Engineering.
The Vagelos Program gives you a degree from Wharton and the College.</p>
<p>These two programs are EXTREMELY different. So before I go any further, let’s understand the schools we’re talking about.</p>
<p>The School of Engineering takes science and shows how to implement it. It focuses on the practical more than the theoretical. With a degree from SEAS you will show up ready to work, while a degree from the SAS will prepare you for graduate/professional study but not necessarily job-readiness. At the same time, you miss out on some of the foundations of science that make what you’re doing possible.
The School of Arts & Sciences focuses on the theoretical aspect of science. You will learn concepts in great detail, but you will miss out on a lot of their practical applications. Essentially, the College will teach you what a light bulb is, how it works and why it works. SEAS will teach you how to create a light bulb.
Wharton is an undergraduate business school. It will teach you how to interact with others in a professional environment, how to handle situations, etc. It will also give you the tools necessary to run an effective business or rise to the top of an existing corporation. At the same time, you will not learn (unless you want to) the fundamentals of economics.</p>
<p>The M&T program is extremely practical, as you might guess. You are earning a degree in Business with a Management concentration. You are simultaneously earning a degree in Engineering.
The LSM program is a mixture between the practical and the theoretical. You will earn a degree in Biology, Biochemistry or Biological Basis of Behavior as well as a Managment concentration in a Business degree. </p>
<p>Both programs are extremely versatile and will set you up for a hell of a job right after graduation. Both programs help you get paid internships before junior and senior years. The M&T program will set you up with a business internship before junior year and an engineering internship before senior year; the LSM program gives you a business internship before junior year and a lab internship before senior year.</p>
<p>The essential difference is that LSM focuses much more on research and theory than the M&T program does.</p>
<p>However, if you are thinking of applying based on “prestige” alone, perhaps with a slight interest in the actual program(s), please for your own sake just DON’T DO IT. If you are thinking “long term,” think of your actual interests. Your long term interests will determine your long term success or lack thereof. If you only have a marginal interest in theoretical science, then you should recognize that taking 18.5 courses to fulfill the BBB major for LSM would be EXTREMELY difficult and tedious, and your GPA would certainly suffer.</p>
<p>Also, LSM is amazingly difficult to get into, as is M&T. Don’t apply expecting to get in. If you don’t get into either of the special programs you apply for, you will be placed in the regular applicant pool, so don’t worry about that. Oh, and applying for one of these programs doesn’t mean that you have a better chance of getting in. If those who apply for one of those programs get into Penn at large at a higher rate, it’s simply because those applicants are on average better candidates than the rest of the applicant pool.</p>