Carnegie Mellon – Tepper School of Business

Tepper School of Business

Carnegie Mellon

http://www.tepper.cmu.edu/index.aspx

Tepper School of Business
Carnegie Mellon University
5000 Forbes Avenue
Pittsburgh, PA 15213

The business program at Carnegie Mellon was founded in 1949.  Prior to the business school being renamed Tepper School of Business in 2003; it was referred to as the Graduate School of Industrial Administration. Since its establishment, Tepper School of Business has developed underlying principles in business management.  The mission of Tepper School of Business is to create and disseminate knowledge through research and teaching and translate that knowledge into productivity as well as create ethical and intelligent business leaders.

Undergraduate School

Background:

  • The Business program at Carnegie Mellon was founded in 1949 and later renamed Tepper School of Business in 2003.
  • The type of degree earned at Tepper School of Business is a Bachelor of Science (BS).
  • Tepper School of Business has many different BS options like a BS in Economics and a BS in Business Administration.
  • The typical length of a program at Tepper School of Business is four years.
  • The Tepper School of Business is accredited by the AACSB.

Faculty:

  • The Tepper faculty has produced eight Nobel Laureates in the area of Economics over its history.
  • Tepper School of Business received a good rating for its teaching quality from Businessweek.com.
  • The student to faculty ratio is reported at 9 to 1[1].

Admissions:

  • As of 2011, there were 472 students enrolled at Tepper School of Business, 182 of who were female.
  • The average number of students accepted every year by Tepper School of Business is 82.
  • As of 2010, Tepper School of Business had an acceptance rate of 15.1%.
  • The average GPA for students applying in the 2010-2011 academic year was 3.64.
  • The average SAT score for students applying to Tepper School of Business in 2010 was 1379[2].
  • The average ACT score for 2010 accepted applicants was 31.

Tuition:

  • The cost of tuition for Tepper School of Business is listed at $40,300 annually.

Facilities:

  • Tepper School of Business is housed at Carnegie Mellon in Pittsburgh, PA.
  • The facilities and services at Tepper School of Business received an average rating by Businessweek.com.
  • Tepper School of Business has numerous centers and institutes.  Some of these include but are not limited to: the Carnegie Mellon Electricity Industry Center, the Carnegie Bosch Institute for Applied Studies in International Management, the Center for Behavioral Decision Research, the Center for Excellence in Communication and Leadership.

Employment Outlook:

  • The average starting salary for 2010 graduates of Tepper School of Business was $61,956.
  • Tepper School of Business was ranked 9th as an MBA feeder school by Businessweek.com.
  • Tepper School of Business earned a rating of excellent for job placement by Businesswek.com.

Notable Alumni

Tepper School of Business has many notable alumni from both its graduate and undergraduate programs.  Some of these include but are not limited to:

  • Charles Erwin Wilson – Former General Motors CEO and Secretary of Defense
  • James Gosling – Creator of the Java programming language
  • Nobel Laureate include: Robert Lucas, Merton Miller, Franco Modigliani, Herb Simon, Edward Prescott, Finn Kydland, Oliver Williamson and Dale Mortensen[3].

Graduate School

Background:

  • Tepper School of Business has MBA, Executive MBA, Master of Science (MS) in Computational Finance and Doctoral programs.
  • The MBA program is a full-time program that gets students real world experience and prepares them to be leaders in an ever changing global economy.

Faculty:

  • Tepper School of Business has faculty members who hold the top editorial positions at the leading finance, organizational behavior and economic journals.

Admissions:

  • The average GMAT scores for MBA students at Tepper School of Business in 2010 was 690 with an average GPA of 3.35.
  • The acceptance rate for Tepper School of Business MBA program as of 2010 was 27.5%[4].
  • There were 210 students in the Tepper School of Business MBA program in 2010.

Tuition:

  • The tuition for students entering in the fall of 2011 was $52,500 for second year students and $54,800 for first year students.

Facilities:

  • The MBA program is housed in Tepper School of Business at Carnegie Mellon in Pittsburgh, PA.

Employment Outlook:

  • The MBA class of 2010 had an average starting salary of $93,722.
  • 69.7% of the 2010 MBA graduates had employment offers by graduation with 88.9% getting employment offers within three months of graduation[5].

[1] Businessweek.com

[2] Businessweek.com

[4] U.s.news&worldreport.com

[5] U.s.news&worldreport.com

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