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Arianne Flit Student in the class of 2023 The Wharton School, University of Pennsylvania 3925 Walnut Street Philadelphia, PA 19104 (215) 934-1121 [email protected]

Sunday, November 22, 2020 Diana Robertson Undergraduate Vice Dean The Wharton School, University of Pennsylvania 3730 Walnut St Philadelphia, PA 19104 SUBJECT: SOCIAL IMPACT AT WHARTON

Dear Dr. Robertson, The Wharton school is a trailblazer in teaching, research, and innovation. However, there is one area where it is lacking: social impact. Only one of the 11 required business fundamentals that Wharton students have to take is about social values or social responsibility. Also, out of the 46 courses listed on Wharton’s social impact initiative page, few are requirements for concentrations, and few have practical components. This reflects the disconnect between Wharton’s social impact offerings and student learning. For this reason, I propose the implementation of a more social impact heavy curriculum consisting of social impact components in business fundamentals and more required social impact courses. This would be beneficial because it would contribute to the personal and educational development of Wharton students and because it would amplify Wharton’s potential to create long lasting positive impact. Firstly, social impact is gaining traction and becoming more relevant than ever before in the business world, with prestigious firms such as BCG working on social impact topics with 50% of its largest clients. By adding a social impact component to the business fundamentals, Wharton students would be better equipped to apply business knowledge to solve social impact problems. Additionally, by making existing social impact courses requirements for concentrations, they would be able to thrive in their careers. Given that neither traditional liberal arts nor business education focuses on social impact, a more social impact heavy curriculum would help Wharton students stand out in their future work experiences. Secondly, if Wharton seeks to continue shaping the future leaders of the world and contribute to positive change, a more social impact heavy curriculum is an actionable way to achieve this. The addition of social impact components to business fundamentals and required social impact courses would reinforce values such as empathy, generosity, and kindness in students consistently throughout their Wharton

undergraduate experience. It would ensure that they have the capacity to be socially responsible in their business endeavors, and to use business knowledge to help others. It would create a generation of leaders who know the value and importance of creating positive social impact. Finally, although some may argue that making the curriculum more social impact heavy won’t really change students’ undergraduate experience, studies published in the Psychological Science journal have proven that doing good makes us feel good, and that this doesn’t change with time. Therefore, the inclusion of experiential learning that allows students to create social impact and feel the warm glow of doing good would strengthen the social impact heavy curriculum and guarantee its effectiveness. Overall, the benefits that come with a more social impact heavy curriculum are countless, and the downsides are negligible. With it, Wharton has the potential to change students’ lives, and the lives of every single person each students’ influence can reach. Thank you for taking the time to go over my proposal. Please let me know if you have any questions about it. Regards, Arianne Flit...