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Tepper School of Business – Carnegie Mellon University

The Tepper School of Business is based at Carnegie Mellon University in Pittsburgh, Pennsylvania.  In addition to its full-time MBA program, Tepper offers an evening part-time MBA program, and numerous open enrollment opportunities for an executive MBA program.  Since 2013, Tepper has offered a part-time Online Hybrid MBA, a 32-month option in which to complete the full-time MBA’s curriculum with a combination of online and on-site instruction.  Tepper is well known for having developed the management science approach to business education as well as for its MBA small class sizes and flexible academic curriculum.

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Tepper’s full-time MBA boasts a student-to-teacher ratio of 5:1, and overall employs nearly 150 faculty members.  Aside from teaching classes, these faculty members contribute to Tepper’s nine research centers, whose research and resources cover topics like international management, green design and entrepreneurship.


A pioneer in management science, which takes an analytical approach to examining organizational issues, Tepper prides itself on offering a wide range of teaching methods in its classrooms.  Professors employ lectures, business cases, group projects and in-class presentations, among other methods.  First-year students are not divided into cohorts or assigned to sections but instead take their core courses with a variety of classmates and professors.

Tepper’s academic year begins at the end of August and ends in early May, with graduation taking place later that month.  The academic year is divided into four mini-semesters of 6.5 weeks each.  Full-time students typically take four to five classes per semester during the fall and spring and then use the summer to complete internships.  Tepper also offers an early graduation option, which allows students to take courses during the summer in between their first and second year so that they finish by December of their second year.

Prior to the start of classes, the majority of first-year students elect to participate in BaseCamp, a pre-term program that runs throughout August and offers math, diversity and community-building modules as well as career development programming.  During the first year, students at Tepper complete 16 required courses, representing 102 units out of the 192 units required for graduation.  These courses cover business fundamentals in managerial economics, accounting, finance and operations management, among others.

Students begin taking elective courses in their third mini-semester alongside four other required courses.  Full-time students must maintain a minimum course load of 36 units, or six courses, per full semester.  While the second year is fairly flexible in terms of course selection, students must complete one elective in each of four disciplines: organizational behavior, strategy, quantitative analysis and information systems.  To tailor their education to their career goals, students can specialize in one of six tracks in a particular career path or functional area such as Business Analytics or Technology Leadership by taking specified elective courses.  Students who do not wish to follow a track pursue the General Management curriculum, through which they can further their studies through 12 concentrations in general academic areas like finance, accounting and marketing.  Tepper reports that most students complete three to four concentrations.

Tepper students interested in gaining international experience can participate in global treks or a semester abroad.  Global treks are international trips to places like Dubai, China, India and South Africa that occur during winter and spring breaks and include company visits and networking events.  Tepper has also partnered with the Otto Beisheim School of Management to offer a study abroad program located in Koblenz, Germany.

Other MBA Degree Options

Along with its full-time MBA programs, Tepper also offers a part-time MBA option, called the Part-Time On-Campus MBA, and an online option, called the Part-Time Online Hybrid. The latter includes on-site classes every other month, hosted by Carnegie Melon locations across the U.S.  Studies are rounded out with live, online courses and independent work.  Most students finish their degree within three years for each. There are currently six options for students interested in obtaining a dual or joint degree.  Students may pursue an MBA from Tepper concurrently with a master’s in Engineering, Software Engineering, Healthcare Policy, Public Policy, or Engineering at other schools within Carnegie Mellon University.  There is also a JD/MBA option with the University of Pittsburgh School of Law.

Tracks & Concentrations at Tepper


  • Business Analytics
  • Energy Business
  • Entrepreneurship
  • Management of Innovation & Product Development
  • Technology Leadership
  • Biomedical Entrpreneurship


  • Accounting
  • Business Technologies
  • Communications
  • Economics
  • Entrepreneurship
  • Ethics and Social Responsibility
  • Finance
  • Marketing
  • Operations Management
  • Operations Research
  • Organizational Behavior
  • Strategy

Degree Offerings at Tepper

Full-time MBA Program

Part-time On-Campus MBA Program

Part-time Online Hybrid Program

Executive Education

Dual and Joint Degrees

MBA/Biomedical Entrepreneurship, MBA/Soft­ware Engineering, MBA/Healthcare Policy, MBA/JD, MBA/Public Policy, MBA/Engineering

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Clubs, Conferences & Competitions

Despite a relatively small class, Tepper students still have many extracurricular activities to explore.  There are a total of 40 clubs spread across professional, educational and social interests.  The popular Consulting Club, for instance, offers members access to its case database and hosts lectures, discussion panels and guest speakers.  The club also helps members prepare for post-MBA careers in consulting by conducting mock interviews and résumé reviews and organizing networking events.  Tepper’s chapter of Net Impact, meanwhile, promotes corporate responsibility and business ethics through initiatives like working with local nonprofits on specific business issues and advocating for green initiatives on campus.

Tepper students also enter a number of case competitions each year.  Members of the Alpha Club, the investment management club that oversees the Tepper Opportunity Fund, routinely participate in trading competitions each year.  In addition, the Operations Management club recently held their 21st annual International Case Competition, at which a dozen business school teams competed to present the best analysis of an operations case study.  Tepper also hosts the W.L. Mellon Speaker Series that brings CEOs and other executives to campus six or so times a year to discuss strategies and current events related to global business.

Campus Spaces

Located on the southern end of Carnegie Mellon’s campus, east of downtown Pittsburgh, Posner Hall is the main building of the Tepper School of Business.  Among other amenities, Posner Hall is home to classrooms, the Career Opportunities Center, the admissions office, multiple conference rooms and auditoriums, and a deli.  Since graduate housing is unavailable, Tepper students rent or buy housing in nearby neighborhoods.  Roughly 70% of Tepper students live in Shadyside, an upscale residential neighborhood only a mile or so from campus.

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Career Services

The Career Opportunities Center (COC) provides a range of resources and services to assist students and alumni with their job search.  Students may work with a career counselor who has specific experience in their area of interest or attend COC-sponsored workshops covering topics like résumé writing, interview preparation and cover letters.  Working closely with over 350 companies each year, the COC also provides an on- and off-campus interview program, organizes corporate presentations and partners with clubs to create career treks to different cities.  Tepper reports that close to 82% of the 2015 graduating class secured a job offer through a school-facilitated activity.

Career Statistics

Roughly 92% of Tepper’s Class of 2016 seeking employment had received a job offer within three months of graduation.  The average salary for Tepper graduates was about $117,717, with an average signing bonus of $27,385.  Likely due to its affiliation with the science- and engineering-focused Carnegie Mellon, Tepper sent almost 34% of the Class of 2016 into post-MBA jobs in the technology industry.  Meanwhile, roughly 28% of graduates entered into consulting, and about 17% chose to work in finance.  About 7% of the class found jobs in the pharmaceutical, biotechnology and healthcare sector, and roughly 5% of graduates went into both manufacturing and 7% into consumer products.

Approximately 30% of 2016 graduates chose positions in the Western U.S., while about a third accepted an offer in the Northeastern U.S.  Roughly 13% of students accepted jobs in in the Mid-Atlantic. Fifteen percent of graduates left for Midwest companies, about 3% moved to the Southwest and 5% to the South. Just over 4% of the Class of 2016 found post-MBA employment outside of the U.S.

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The Class Profile

Tepper welcomed a class of 207 students in the fall of 2016.  The average GMAT score for the Class of 2018 was 686.  The average GPA of first-year students was 3.3, with 28% of the class majoring in engineering as undergraduates, 27% in business, and 12% in economics.  Prior to matriculating at Tepper, students had amassed an average of 5.3 years of work experience.  Twenty-eight percent of the Class of 2018 is female, and 35% of students are international.  Ten percent of first-year students identify as a U.S. under-represented minorities.

Application Procedures

Applicants can apply to Tepper’s full-time MBA program in one of three rounds, which typically occur in early October, early January and mid-March. Part-time and Part-time Online Hybrid candidates can apply in one of three rounds that coincide with the full-time program’s latter two rounds, in addition to one other deadline in early May. International students are encouraged to apply by the January deadline.  To apply, candidates must submit their application form, essays, GMAT or GRE scores, a résumé, one recommendation letter, and transcripts from all undergraduate and graduate institutions attended.  Tepper also requires applicants to submit TOEFL scores, if applicable, and a $200 application fee.

After submitting an application, interviews are conducted on an invitation-only basis.  Candidates invited to interview may schedule an on- or off-campus interview or a telephone interview with a member of the admissions committee, though Tepper notes that on-campus interviews are preferred.  Applicants who have shown dedication to promoting diversity in business may also apply to Tepper through the Consortium for Graduate Study in Management.

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Tuition for the 2017-2018 academic year is $64,000 for first-year students.  With additional living expenses, however, Tepper estimates that first-years will spend around $86,778 as well as an additional $1,200 for a laptop purchase.  Although Tepper does not offer any need-based scholarships, there are a number of merit-based scholarships available to all admitted students, and Tepper encourages students to pursue additional outside scholarships through organizations such as the Consortium for Graduate Management Studies and the Forté Foundation.  For further financial aid, federal loan programs are available to U.S. citizens and permanent residents.  International students, meanwhile, may reference Tepper’s list of recommended private lenders, all of which require a US co-signer.

Cost of Attendance

  • Tuition: $64,000
  • University Fees: $834
  • Room, Board & Misc.: $15,504
  • Books/Supplies: $1,450
  • Transportation: $2,990
  • Health Insurance: $2,000
  • Total: $86,778

  Get all of this info to read on the go! Download the Tepper School Snapshot PDF.

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Mailing Address:
Tepper School of Business
Carnegie Mellon University
5000 Forbes Avenue
Pittsburgh, PA 15213
Phone: 412-268-2268
Fax: 412-268-4209
Email: [email protected]
Twitter: @teppercmu

MBA LiveWire for CMU / Tepper

Application results in real time, submitted by site visitors.
March 20, 2018 1:31am
Accepted via phone.
GPA: 3.4. GMAT: 700. China.
March 16, 2018 3:03am
Accepted via phone.
GPA: 3.25. GMAT: 640. Thailand.
March 15, 2018 9:45am
Accepted via phone.
GPA: 3.6. GMAT: 700. Turkey.
March 14, 2018 10:31pm
Waitlisted via email.
GPA: 8.82/10. GMAT: 710. India.
March 14, 2018 8:29pm
Accepted via phone.
GPA: 3.58. GMAT: 720. Ghana.

DecisionWire for CMU / Tepper

Enrolled: UNC Kenan-Flagler
Admitted: CMU / Tepper, Georgetown / McDonough, UNC Kenan-Flagler, Vanderbilt / Owen
GMAT: 700 GPA: 3.0
Post-MBA Career: Asset Management, inc. Hedge Funds
Enrolled: CMU / Tepper
Admitted: CMU / Tepper, Georgetown / McDonough
GMAT: 690 GPA: 3.3
Post-MBA Career: Technology
Enrolled: None
Admitted: CMU / Tepper, UNC Kenan-Flagler
GMAT: 760
Post-MBA Career: Technology
Enrolled: Undecided
Admitted: CMU / Tepper, Cornell / Johnson, Duke / Fuqua
GMAT: 730 GPA: 3.79
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