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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 a part-time Online Hybrid MBA, a 32-month option in which students 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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Faculty

Tepper’s full-time MBA boasts a student-to-teacher ratio of 13:1, and overall employs nearly 160 faculty members. Aside from teaching classes, these faculty members contribute to Tepper’s eight research centers, whose research and resources cover topics like international management, green design and entrepreneurship.

Curriculum

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 mini-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 operations, finance, entrepreneurship, strategy, and marketing 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 three 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 five 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 Mellon 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

Tracks

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

Concentrations

  • 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
https://www.cmu.edu/tepper/programs/mba/program-options/full-time.html

Part-time On-Campus MBA Program
https://www.cmu.edu/tepper/programs/mba/program-options/part-time-on-campus.html

Part-time Online Hybrid Program
https://www.cmu.edu/tepper/programs/mba/program-options/part-time-online-hybrid/

Executive Education
https://www.cmu.edu/tepper/executive-education/

Dual and Joint Degrees
MBA/Biomedical Entrepreneurship, MBA/Software Engineering, MBA/Healthcare Policy, MBA/JD, MBA/Public Policy, MBA/Engineering
https://www.cmu.edu/tepper/programs/mba/curriculum/dual-and-joint-degrees/


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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 22nd 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 84% of the 2017 graduating class secured a job offer through a school-facilitated activity.

Career Statistics

Roughly 91% of Tepper’s Class of 2017 seeking employment had received a job offer within three months of graduation. The average salary for Tepper graduates was about $119,402, with an average signing bonus of $30,101. Likely due to its affiliation with the science- and engineering-focused Carnegie Mellon, Tepper sent 43% of the Class of 2017 into post-MBA jobs in the technology industry. Meanwhile, 20% of graduates entered into consulting, and about 15% chose to work in finance. About 9% of the class found jobs in the pharmaceutical, biotechnology and healthcare sector, and roughly 3% of graduates went into both manufacturing and consumer products.

Approximately one third of 2017 graduates chose positions in the Western U.S., while about 26% accepted an offer in the Northeastern U.S. Roughly 14% of students accepted jobs in in the Mid-Atlantic. Fourteen percent of graduates left for Midwest companies, about 6% moved to the Southwest and 7% to the South. Just over one percent of the Class of 2017 found post-MBA employment outside of the U.S.


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The Class Profile

Tepper welcomed a class of 220 students in the fall of 2017. The average GMAT score for the Class of 2019 was 691. The average GPA of first-year students was 3.3, with 37% of the class majoring in engineering as undergraduates, 23% in business, and 11% in economics. Prior to matriculating at Tepper, students had amassed an average of 5.7 years of work experience. Twenty-seven percent of the Class of 2019 is female, and 33% of students are international. Twenty-nine percent of first-year students identify as 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 late April. 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 2018-2019 academic year is $66,000 for first-year students. With additional living expenses, however, Tepper estimates that first-years will spend around $89,378 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 $66,000
  • University Fees $852
  • Room, Board & Misc. $15,526
  • Books/Supplies $1,450
  • Transportation $3,210
  • Health Insurance $2,340
  • Total $89,378

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

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Stats

CLASS SIZE220
FEMALE27%
MEAN GMAT691
MEAN GPA3.3

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Contact

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]
Web: www.tepper.cmu.edu
Twitter: @teppercmu

MBA LiveWire for CMU / Tepper

Application results in real time, submitted by site visitors.
July 9, 2018 4:27pm
Accepted from Waitlist via portal.
GPA: 3.9. GMAT: 720. Pittsburgh.
June 26, 2018 4:04pm
Waitlisted via portal.
GPA: 3.9. GMAT: 620. Pittsburgh.
June 15, 2018 11:30pm
Applied via n/a.
May 23, 2018 11:43pm
Accepted via phone.
GPA: 3.37. GMAT: 670. Boston.
May 12, 2018 1:48am
Interview Invite via email.
GPA: 3.38. GMAT: 670. Boston.

DecisionWire for CMU / Tepper

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