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2005 FULL-TIME MBA PROFILE
Carnegie Mellon
Tepper School of Business
Address: 5000 Forbes Avenue
Pittsburgh, PA 15213-3890
E-Mail: mba-admissions@andrew.cmu.edu
Web links: B-school Web site
Directions to school
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B-SCHOOL & PROGRAM BASICS

Classes begin Aug. 29, 2005

Year program was founded 1949
Institution is U.S., Private
Business school accreditation:
AACSB
Length of program 21 months

Enrollment
Total graduate business students 909
Full-time MBA students 316
Part-time MBA students 163
Distance MBA students 140
Executive MBA students n/a
PhD program students 102
Doctorate of Business Administration (DBA) students n/a
 
Total undergraduate business students 575
 
Change in full-time class size in past academic year n/a

STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 22%
International students 1 30%
Married students 25%

For U.S. schools only:
African American students 6%
Alaskan Native of Pacific Islander American students 0%
Asian American students 13%
Mexican American students 0%
Puerto Rican students 0%
Other Hispanic American students 4%
White (non-Hispanic) students 39%
Multiethnic/Multiracial students 1%
Not reported 6%
Other 2%

Students from the following regions:
Africa 1%
Asia 18%
Eastern and Central Europe and Central Asia 1%
Latin America and the Caribbean 3%
Middle East 0%
North America
 (Canada: 2% / U.S.: 98%)
75%
Oceania 1%
Western Europe 2%

North American students by region:
Canada 2%
Mid-Atlantic U.S. 38%
Midwest U.S. 5%
Northeast U.S. 19%
South U.S. 7%
Southwest U.S. 11%
U.S. Possessions and territories n/a
West U.S. 19%

(1) Students from countries other than the school's home country.

CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores - Historical Chart
20052004200320022001
Average692691680672660
Median700690680680n/a
Range (middle 80%)630 - 750640 - 750630 - 730610 - 730n/a

GMAT scores are required as part of the application.


TOEFL Scores
TOEFL scores are required for applicants whose native language is not English.

Average TOEFL score 638
Minimum TOEFL score required 600

Work Experience (months)
Average 50
Median 48
Range (middle 80%) 12 - 96
New entrants with one year or less of work experience 10%

Student Age (years)
Average 28
Median 27
Range (middle 80%) 23 - 32

Salary
Average base salary forgone to enter program n/a
Median base salary forgone to enter program n/a


ADMISSIONS

Application fee (resident) $100
Application fee (nonresident) $100

1,084 people applied to the full-time MBA program in 2005. The school accepted 35% (selectivity) of those applicants, and 43% of admitted applicants (yield) enrolled in the program.

Selectivity/Yield - Historical Chart
20052004200320022001
Selectivity35%28%27%26%n/a
Yield43%45%52%54%n/a

4% of applicants had applied in prior years, and of those reapplicants 33% were accepted.

The B-school placed 177 applicant(s) on its wait list. 40 wait-listed applicants were admitted to the semester for which they applied.

Applicant Profile:
Female applicants n/a
International applicants 1 n/a

Interviews for MBA applicants are:
By invitation only

In 2005, the B-school interviewed 70% of its full-time MBA applicants, and 100% of its admitted applicants.

(1) Applicants from countries other than the school's home country.

COSTS, DEADLINES & FINANCIAL AID

COSTS:
Estimated TOTAL (not annual) cost of full-time MBA program (U.S. dollars)
Program Cost - Historical Chart
20052004200320022001
Resident$78,140$74,780$70,440$61,400$26,750
Nonresident$78,140$74,780$70,440$61,400$26,750
Expected monthly rent $700
Recommended annual budget (Resident) 1 $58,900
Recommended annual budget (Nonresident) $58,900

2005-2007 DEADLINES:
Application deadline(s)
All applicants:  Nov. 14, 2005
All applicants:  Jan. 9, 2006
All applicants:  Mar. 20, 2006

Rolling admissions? No

Deadline(s) for scheduling an interview
n/a

Financial aid deadline(s)
n/a

FINANCIAL AID:
Full-time MBAs apply for financial aid through a Dedicated financial aid office at the B-school

100% of full-time MBAs applied for financial aid for the 2005-2006 academic year. 81% of full-time MBAs received some form of financial aid for the 2005-2006 academic year.

Of those who received financial aid for the 2005-2006 academic year, 60% received institutional scholarships, 0% received assistantships, and 100% received loans.

Average financial-aid package for the 2005-2006 academic year (includes scholarships, assistantships, and loans) $29,450
Median financial-aid package for the 2005-2006 academic year (includes scholarships, assistantships, and loans) n/a
Range of financial-aid packages $0 - $58,900
Scholarships: Based on academic merit


24 full-tuition scholarships were awarded by the school to full-time MBAs for the 2005-2006 academic year.

How does an applicant apply for scholarship consideration?
All candidates are considered for scholarship


Average scholarship awarded $15,884
Guaranteed loan offered? 2 No
Maximum amount students can borrow n/a
Average outstanding loans for 2005 graduates $65,860
Total money distributed to MBAs in past academic year $4,778,932

Financial aid Web site


(1) Student budget includes tuition fees and living expenses.

(2) Upon admission, any accepted applicant, regardless of nationality, and without the need of a cosigner, is eligible for a loan.

CONTACTS

Dean Kenneth B. Dunn
Hired as of July 2002
 
Program director John Mather
 
Admissions director Laurie Stewart
 
Financial aid director Bonnie Lack
 
Career services director Kenneth Keeley
 
Alumni relations director John Sengenberger

 
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CARNEGIE MELLON RANKINGS
Full-time MBA rank:
2004:  15    1994:  14    
2002:  19    1992:  17    
2000:  14    1990:  9    
1998:  14    1988:  13    
1996:  17    
BW ranking history

Exec Ed rank:
2003:  --    1997:  --    
2001:  --    1993:  --    
1999:  --    1991:  15    



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