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| University of Pennsylvania |
The University of Pennsylvania (commonly referred to as Penn
or UPenn) is a private Ivy League research university located in Philadelphia, United States of America. Incorporated as The Trustees of the University of Pennsylvania, Penn is one of
14 founding members of the Association of American Universities as well as one of the
nine original Colonial Colleges. Penn claims to be the oldest university in the
United States of America. Its degrees like MBA degrees, MS degrees, online degrees are highly appreciated internationally.
Benjamin Franklin, Penn's founder, advocated an educational
program that focused as much on practical education for commerce and public
service as on the classics and theology although Franklin's curriculum was
never adopted. The university coat of arms features a dolphin on the red chief,
adopted directly from the Franklin family's own coat of arms. Penn was one of
the first academic institutions to follow a multidisciplinary model pioneered
by several European universities, concentrating multiple "faculties"
(e.g., theology, classics, medicine) into one institution. It was also home to
many other educational innovations. The first school of medicine in North
America (Perelman School of Medicine, 1765), the first collegiate business
school (Wharton School of Business, 1881) and the first "student
union" building and organization (Houston Hall, 1896) were all born at
Penn.
Penn offers a broad range of academic departments, an
extensive research enterprise and a number of community outreach and public
service programs. It is particularly well known for its medical school, dental
school, design school, business school, law school, engineering school,
communications school, nursing school, veterinary school, its social sciences
and humanities programs, as well as its biomedical teaching and research
capabilities. Its undergraduate program is also among the most selective in the
country, with an acceptance rate of 10 percent. One of Penn's most well known
academic qualities is its emphasis on interdisciplinary education, which it
promotes through numerous double degree programs, research centers and
professorships, a unified campus, and the ability for students to take classes
from any of Penn's schools (the "One University Policy"). Online college degrees are also offered through Penn. It's online degree programs are maintained through highly professional faculties.
All of Penn's schools exhibit very high research activity.
Penn is consistently ranked among the top research universities in the world,
for both quality and quantity of research. In fiscal year 2015, Penn's academic
research budget was $851 million, involving more than 4,300 faculty, 1,100
postdoctoral fellows and 5,500 support staff/graduate assistants. As one of the
most active and prolific research institutions, Penn is associated with several
important innovations and discoveries in many fields of science and the
humanities. Among them are the first general purpose electronic computer
(ENIAC), the rubella and hepatitis B vaccines, Retin-A, cognitive therapy,
conjoint analysis and others.
Penn's academic and research programs are led by a large and
highly productive faculty. 28 Nobel laureates have been affiliated with Penn.
Over its long history the university has also produced many distinguished
alumni. These include twelve heads of state (including one U.S. President),
three United States Supreme Court justices, and supreme court justices of other
states, founders of technology companies, international law firms and global
financial institutions, and university presidents. According to a 2014 study,
the University of Pennsylvania has produced the most billionaires of any
university at the undergraduate level. Penn's endowment, at $9.6 billion in
2014, is the tenth-largest university endowment in the United States and the
thirtieth-largest on a per-student basis.

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