"We're incredibly proud of this show. Executive producer Jeff Davis has brought an exciting, cinematic story to life with a breakout young cast who our audience has wildly embraced," said David Janollari, Head of MTV Programming.

"Picking up 'Teen Wolf' for a second season marks another step towards the further diversification of our schedule, with this big, bold, entertaining scripted series."

'Teen Wolf' is MTV's highest rated new series of the 2010-2011 season. With nearly 1.7 million total viewers each week, the small screen reimagining of the '80s movie ranks #4 among all shows in its time slot.

Developed and executive produced by Jeff Davis (who created CBS' hit procedural 'Criminal Minds'), the show stars Tyler Posey as werewolf-in-training Scott McCall; Crystal Reed as Allison Argent, the mysterious new girl and Scott's crush; Dylan O'Brien as Scott's best friend Stiles; Tyler Hoechlin as Scott's guide to all things wolf Derek Hale; Holland Roden as Lydia Martin, the popular girl with a secret; and Colton Haynes as Scott's lacrosse nemesis Jackson Whittemore.

Season 1 of 'Teen Wolf' is currently airing on Monday nights. In next week's episode (Mon., July 18, 10PM ET), Stiles must help Scott face his second full moon as a werewolf. Meanwhile Scott's romance with Allison is unraveling , and Derek is on the run from the sheriff, wanted for murder.

Are you excited for Season 2 of 'Teen Wolf'?Watch a preview of next week's episode here: