The Wharton School of the University of Pennsylvania is the business school of the Universityof Pennsylvania, a private Ivy League university located in Philadelphia. Wharton was established in1881 through a donation from Joseph Wharton and is the first business school in the United States.TheWharton School awards Bachelor of Science in Economics degrees at the undergraduate level and Masterof Business Administration degrees at the postgraduate level, both of which require the selection ofa major. Wharton also offers a PhD program and houses or co-sponsors several diploma programs eitheralone or in conjunction with the other schools at the university. Wharton has 471 standing and associatedfaculty, including 123 international faculty, and it also has 20 research centers across various disciplines.The faculty at the Wharton School annually receives the highest research index score of any businessschool in the world. Wharton also publishes the online journal Knowledge@Wharton and furnishes WhartonSchool Publishing in partnership with the Pearson publishing company.