ing Gross National Product,[69] the Penn effect (the observation that consumer price levels in richer countries are systematically higher than in poorer ones), and the "Wharton Model"[70] develop

 at Penn. The university is probably best well known as the place where the first general-purpose electronic computer (ENIAC) was born in 1946 at the Moore School of Electrical Engineering.[66] It was here also where the world's first spelling and grammar checkers were created, as well as the popular COBOL programming language.[66] Penn can also boast some of the most important discoveries in the field of medicine. The dialysis machine used as an artificial replacement for lost kidney function was conceived and devised out of a pressure cooker by William Inouye while he was still a student at Penn Med;[67] the Rubella and Hepatitis B vaccines were developed at Penn;[67][68] the discovery of cancer's link with genes, cognitive therapy, Retin-A (the cream used to treat acne), Resistin, the Philadelphia gene (linked to chronic myelogenous leukemia), and the technology behind PET Scans were all discovered by Penn Med researchers.[67] More recent gene research has led to the discovery of the genes for fragile X syndrome, the most common form of inherited mental retardation, Kennedy's disease, a disorder marked by progressive muscle and bulbar atrophy, and Charcot–Marie–Tooth disease, a progressive neurodegenerative disease that affects the hands, feet, and limbs.[67] Conductive polymer was also developed at Penn by Alan J. Heeger, Alan MacDiarmid and Hideki Shirakawa, an invention that earned them the Nobel Prize in Chemistry. Ralph L. Brinster, on faculty since 1965, developed the scientific basis for in vitro fertilization and the transgenic mouse at Penn. The theory of superconductivity was also partly developed at Penn, by then faculty member John Robert Schrieffer (along with John Bardeen and Leon Cooper). The university has also contributed major advancements in the fields of economics and management. Among the many discoveries are conjoint analysis, widely used as a predictive tool especially in market research, Simon Kuznets's method of measuring Gross National Product,[69] the Penn effect (the observation that consumer price levels in richer countries are systematically higher than in poorer ones), and the "Wharton Model"[70] developed by Nobel-laurete Lawrence Klein to measure and forecast economic activity. The idea behind Health Maintenance Organizations also belonged to Penn professor Robert Eilers, who put it into practice during then President Nixon's health reform in the 1970s.[69]
Rankings[edit]

University rankings
National
ARWU[71]    12
Forbes[72]    11
U.S. News & World Report[73]    7
Washington Monthly[74]    21
Global
ARWU[75]    14
QS[76]    13
Times[77]    15
General rankings
According to U.S. News & World Report Penn is currently ranked 7th in the United States (tied with Duke and MIT), behind Princeton, Harvard, Yale, Columbia, The University of Chicago and Stanford.[78] U.S. News also includes Penn in its Most Popular National Universities list,[79] and so does The Princeton Review in its Dream Colleges list.[80]
In their latest editions Penn was ranked 13th in the world by the QS World University Rankings,[81] 14th by the Shanghai Jiao Tong University's Academic Ranking of World Universities,[82] and 15th by the Times Higher Education World University Rankings.[83] According to

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ources and overall scale ranks Penn with only a small handful of peer universities in the U.S. The size of Penn's biomedical research organization, however, adds a very capital intensive component to the university's operations,

 majors from each school.
For graduate programs, Penn offers many formalized joint-degree graduate degrees such as a joint J.D./MBA, and maintains a list of interdisciplinary institutions, such as the Institute for Medicine and Engineering, the Joseph H. Lauder Institute for Management and International Studies, and the Institute for Research in Cognitive Science.
Academic medical center and biomedical research complex[edit]
Hamilton Walk and the John Morgan Building at the Perelman School of Medicine
Perelman School of Medicine
University of Pennsylvania Dental School
University of Pennsylvania School of Dental Medicine
Penn's health-related programs—including the Schools of Medicine, Dental Medicine, Nursing, and Veterinary Medicine, and programs in bioengineering (School of Engineering) and health management (the Wharton School)—are among the university's strongest academic components. The combination of intellectual breadth, research funding (each of the health sciences schools ranks in the top 5 in annual NIH funding), clinical resources and overall scale ranks Penn with only a small handful of peer universities in the U.S.
The size of Penn's biomedical research organization, however, adds a very capital intensive component to the university's operations, and introduces revenue instability due to changing government regulations, reduced federal funding for research, and Medicaid/Medicare program changes. This is a primary reason highlighted in bond rating agencies' views on Penn's overall financial rating, which ranks one notch below its academic peers. Penn has worked to address these issues by pooling its schools (as well as several hospitals and clinical practices) into the University of Pennsylvania Health System, thereby pooling resources for greater efficiencies and research impact.
Admissions selectivity[edit]
The Princeton Review ranks Penn as the 6th most selective school in the United States.[45] For the Class of 2015, entering in the fall of 2011, the University received a record of 31,659 applications and admitted 12.26 percent of the applicants (9.5% in the regular decision cycle), marking Penn's most selective admissions cycle in the history of the University.[46] The Atlantic also ranked Penn among the 10 most selective schools in the country. At the graduate level, Penn's admissions rates, like most universities', vary considerably based on school and program. Based on admission statistics from U.S. News and World Report, Penn's most selective programs include its law school, the health care schools (medicine, dental medicine, nursing, and veterinary), and its business school.
Research, innovations, and discoveries[edit]



Claudia Cohen Hall, formerly Logan Hall, home of the College of Arts and Sciences and former home of the Wharton School
Penn is considered a "very high research activity" university.[47] Its economic impact on the Commonwealth of Pennsylvania for 2010 amounted to $14 billion.[48] In 2011 Penn topped the Ivy League in research expenditures with $814 million worth of research,[2][49] of which about 70%

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hiladelphia, the official arboretum of the state of Pennsylvania. Penn also owns the 687-acre (2.78 km2) New Bolton Center, the research and large-animal health care center of its Veterinary School. Located near Kennett Square, New Bolton Center received nationwide media attention when Kentucky Derby winner Barbaro underwent surgery at its Widener Hospital for injuries suffered while running in the Preakness Stakes. Penn borders Drexel University a

th to Penn's Bower Field on the south, including the former main regional U.S. Postal Building at 30th and Market Streets, now the regional office for the U.S. Internal Revenue Service. Over the next decade, the site will become the home to educational, research, biomedical, and mixed-use facilities. The first phase, a comprising a park and athletic facilities, opened in the fall of 2011. Penn also plans new connections between the campus and the city, including a pedestrian bridge. In 2010 Penn, in its first significant expansion across the Schuylkill River, purchased 23 acres at the northwest corner of 34th Street and Grays Ferry Avenue from DuPont for storage and office space.


Upper Quad Gate
In September 2011 Penn completed the construction of the $46.5 million 24-acre (97,000 m2) Penn Park, which features passive and active recreation and athletic components framed and subdivided by canopy trees, lawns, and meadows. It is located east of the Highline Green and stretches from Walnut Street to South Streets. The University also owns the 92-acre (370,000 m2) Morris Arboretum in Chestnut Hill in northwestern Philadelphia, the official arboretum of the state of Pennsylvania. Penn also owns the 687-acre (2.78 km2) New Bolton Center, the research and large-animal health care center of its Veterinary School. Located near Kennett Square, New Bolton Center received nationwide media attention when Kentucky Derby winner Barbaro underwent surgery at its Widener Hospital for injuries suffered while running in the Preakness Stakes.
Penn borders Drexel University and is near the University of the Sciences in Philadelphia. The renowned cancer research center Wistar Institute is also located on campus. In 2014 a new 7-story glass and steel building will be completed next to the Institute's historic 117-year-old brick building further expanding collaboration between the university and the Wistar Institute.[31]
Libraries[edit]


Fisher Fine Arts Library, also referred to as the Furness Library or simply the Fine Arts Library
Penn's library began in 1750 with a donation of books from cartographer Lewis Evans. Twelve years later, then-provost William Smith sailed to England to raise additional funds to increase the collection size. More than 250 years later, it has grown into a system of 15 libraries (13 are on the contiguous campus) with 400 full-time equivalent (FTE) employees and a total operating budget of more than $48 million. The library system holds 6.01 million book and serial volumes as well as 4.21 million microform items.[2] It subscribes to over 68,000 print serials and e-journals.[32]
Penn's Libraries, with associated school or subject area: Annenberg (School of Communications), located in the Annenberg School; Biddle (Law), located in the Law School; Biomedical, located adjacent to the Robert Wood Johnson Pavilion of the Medical School; Chemistry, located in the 1973 Wing of the Chemistry Building; Dental Medicine; Engineering, located on the second floor of the Towne Building in the Engineering School; Fine Arts, located within the Fisher Fine Arts Library, designed by Frank Furness; Katz Center for Advanced Judaic Studies, located on Walnut Street at Washington Square; Lea Library, located within the Van Pelt Library; Lippincott (Wharton School), located on the second floor of the Van Pelt-Dietrich Librar

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be suspended. In the fall of 1749, eager to create a school to educate future generations, Benjamin Franklin circulated a pamphlet titled "Proposals for the Education of Youth in Pennsylvania," his vision for what he called a "Public Academy of Philadelphia."[14] However, according to Franklin's autobiography, it was in 1743 when he first had the idea to establish an academy, "t

13 External links
History[edit]

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The school considers itself the fourth-oldest institution of higher education in the United States,[note 2] as well as the first university in the United States with both undergraduate and graduate studies.


This statue of Benjamin Franklin donated by Justus C. Strawbridge to the City of Philadelphia in 1899 now sits in front of College Hall.[13]
In 1740, a group of Philadelphians joined together to erect a great preaching hall for the traveling evangelist George Whitefield, who toured the American colonies delivering open air sermons. The building was designed and built by Edmund Woolley and was the largest building in the city at the time. It was initially planned to serve as a charity school as well; however, a lack of funds forced plans for the chapel and school to be suspended. In the fall of 1749, eager to create a school to educate future generations, Benjamin Franklin circulated a pamphlet titled "Proposals for the Education of Youth in Pennsylvania," his vision for what he called a "Public Academy of Philadelphia."[14] However, according to Franklin's autobiography, it was in 1743 when he first had the idea to establish an academy, "thinking the Rev. Richard Peters a fit person to superintend such an institution." Unlike the other Colonial colleges that existed in 1743—Harvard, William and Mary, and Yale—Franklin's new school would not focus merely on education for the clergy. He advocated an innovative concept of higher education, one which would teach both the ornamental knowledge of the arts and the practical skills necessary for making a living and doing public service. The proposed program of study could have become the nation's first modern liberal arts curriculum, although it was never implemented because William Smith, an Episcopalian priest who was provost at the time, and other trustees preferred the traditional curriculum.[15][16]
Franklin assembled a board of trustees from among the leading citizens of Philadelphia, the first such non-sectarian board in America. At the first meeting of the 24 members of the Board of Trustees (November 13, 1749) the issue of where to locate the school was a prime concern. Although a lot across Sixth Street from Independence Hall was offered without cost by James Logan, its owner, the Trustees realized that the building erected in 1740, which was still vacant, would be an even better site. The original sponsors of the dormant building still owed considerable construction debts and asked Franklin's group to assume their debts and, accordingly, their inactive trusts. On February 1, 1750 the new board took over the building and trusts of the old board. On August 13, 1751 the Academy of Philadelphia, using the great hall at 4th and Arch Streets, took in its first secondary students. A charity school also was opened in accordance with the intentions of the original "New Building" donors, although it lasted only a few years. In 1755, the College of Philadelphia was chartered, paving the way for the addition of undergraduate instruction. All three schools shared the same Board of Trustees and were considered to be part of the same institution.[17]

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