Whats happening at Wharton?
We have to help students think about career management. The ones that come back [for the second year], do so because they’re thinking about their career, skill sets, and how they’re going to improve them. Our students know that if they want to join a dot-com, they could do that tomorrow. We’re starting to see the click-and-mortar companies come back. Those companies, as well as the dot-coms, need a depth of business knowledge and talent. It’s not enough to have an idea. Companies need to execute marketing and distribution plans. So from a long-term perspective, the folks at business school are doing the right thing, and [dot-com] companies want them. Q: Bob, for the past year and a half, a good percent of Wharton grads have gone to work for startup companies. Any word on how they’re faring in the wild workforce? A: Twenty-five Wharton students didn’t come back the summer after their first year. Those students wanted to jump on certain opportunities and Wharton has a fairly open policy