2007 UNDERGRAD PROFILE
Carnegie Mellon
Tepper School of Business at Carnegie Mellon
B-School and Program Basics
| Address: | 5000 Forbes Avenue Pittsburgh, PA US 15213 |
Program E-Mail |
Program Web site |
Tepper School of Business at Carnegie Mellon is a private institution.
Undergrad business program was founded:
Accredited by NA
Classes begin:
| Fall Semester | 08/27/2007 |
| Fall Semester | 08/27/2007 |
| Fall Semester | 08/27/2007 |
Enrollment
| Total undergraduate business school enrollment | 475 |
| Total full-time undergraduate business students | 475 |
| Total part-time undergraduate business students | 0 |
| Total distance undergraduate business students | 0 |
STUDENT PROFILE: MOST RECENT ENTERING CLASS
| Female students in class | 42% |
| International students | 18% |
For U.S. schools only: |
|
| African American students | 4% |
| Native Americans | 1% |
| Asian Americans | 30% |
| Hispanic | 4% |
| White (non-Hispanic) | 37% |
| Unknown | NA % |
| Other | 24% |
U.S. students by region:
| Mid-Atlantic U.S. | 35% |
| Midwest U.S. | 6% |
| Northeast U.S. | 41% |
| South U.S. | 4% |
| Southwest U.S. | 6% |
| West U.S. | 7% |
| U.S. Possessions and territories | 0% |
Citizenship:
| U.S. | 83% |
| Canada | 1% |
| Other | 16% |
| Unknown | 0% |
CLASS TRAITS: MOST RECENT ENTERING CLASS
| Does the school require standardized tests, such as the SAT or ACT? | No |
SAT Scores for full-time entering business students |
|
| Average | 1410 |
| Median | |
| Range (Middle 80%) | From 1360 to 1520 |
| Minimum SAT Score | |
ACT Scores for full-time entering business students |
|
| Average | 90 |
| Median | n/a |
| Range (Middle 80%) | From n/a to n/a |
| Minimum ACT Score | NA |
| Minimum High School GPA | NA |
| Does the school require an entrance exam? | No |
| Student Age (years) | |
| Average | 18 |
| Median | 18 |
| High School performance of entering business students | |
| Top 10% of high school class | 100% |
| Top 25% of high school class | 100% |
| GPA of 3.75 or higher | 48% |
| GPA of 3.5 to 3.75 | 28% |
| GPA of 3.25 to 3.49 | 17% |
| GPA of 3.00 to 3.24 | 6% |
| GPA of 2.50 to 2.99 | 1% |
| GPA of 2.00 to 2.49 | 0% |
| GPA of 1.00 to 1.99 | 0% |
| GPA below 1.0 | 0% |
| For Internal Transfers | |
| Minimum overall college GPA | NA |
| Additional application requirements | |
ADMISSIONS
| University Application fee (resident) | $ 65.00 | ||
| University Application fee (nonresident) | $ 65.00 | ||
| University Application fee (non-resident transfers) | $ 65.00 | ||
The university financial aid office manages admissions to the business program
18864 people applied to undergraduate programs for the 2006 academic year. The school accepted NA % (selectivity) of those applicants, and NA % of admitted applicants (yield) enrolled.
NA % of applicants had applied in prior years, and of those reapplicants NA % were accepted.
The university placed 3000 applicant(s) on its wait list. wait-listed applicants were admitted to the semester for which they applied.
Does the business program admit freshmen? Yes
NA % of 2006 admissions to the program were freshmen
How do freshmen apply? Indicate interest on university application
How do internal transfers apply? NA
freshmen (admitted and denied) sought full-time admission to the business program for the 2005-2006 academic year.
NA % of these applicants were admitted to the program and NA % of admitted students enrolled.
internal candidates (admitted and denied) sought full-time admission to the business program for the 2005-2006 academic year. were admitted to the program.
| Share of all university applicants who are female: | 34% |
| Share of all university applicants who are not from the U.S. | 14% |
Interviews for applicants are Recommended, Not required
Additional application requirements (including those for international students):
International - complete pre-application, submit TOEFL or IELTS scores if SAT or CR score is below 600 and English is not the first language. Transfers - follow all admission requirements as a freshman and submit any college/university transcripts.
Relative importance of the following factors in deciding who gets admitted to the university:
Secondary School Record: Very Important
Class Rank: Very Important
High School GPA: Very Important
SAT/ACT Scores: Very Important
Application Essay: Very Important
Recommendations: Very Important
Interview: Considered
Extracurricular Activities: Very Important
Talent/ability: Very Important
Character/personal qualities: Very Important
Volunteer Work: Very Important
Work Experience: Important
COSTS
Annual Costs
| Resident Tuition | $ 34,180.00 |
| Nonresident Tuition | $ 34,180.00 |
| Room and Board | $ 9,280.00 |
| Books | $ 945.00 |
| Other Expenses (please specify) | |
| Activity Fee | $168.00 |
| Orientation Fee | $190.00 |
| Port Authority (Bus Pass) | $70.00 |
Tuition per credit hour (U.S. dollars)
| Resident | $ 1,425.00 |
| Nonresident | $ 1,425.00 |
2007-2008 DEADLINES
| University Application deadlines for: | Fall Semester | 11/01/2006 | Fall Semester | 12/01/2006 | Fall Semester | 01/01/2007 |
| Business Program deadlines for: | |
FINANCIAL AID
The business program's financial aid ofice manages financial aid for the business program
Financial Aid Web site
Total scholarship money given to business students through the financial aid office in the 2005 academic year: $ 3,450,575.00
Total scholarship money to be distributed to business students through the financial aid office in the 2006 academic year: $ 3,497,272.00
Scholarships are awarded to students in the business program based on A combination of need and merit
Scholarships in the 2006-2007 academic year | |
| Percent of business students receiving some scholarship money | 53% |
| Percent of business students receiving full-tuition scholarships | 53% |
| Percent of scholarships offered to business students based on need | 79% |
| Percent of scholarships offered to business students based on merit | 21% |
How do applicants apply for scholarships?
Admitted students are automatically considered for scholarships. There is no separate application.
Does the schoool offer a guaranteed loan to all business students (regardless of nationality): No
The maximum amount a business student can borrow per year is: NA
The average outstanding debt among 2006 business program graduates is: NA
CONTACTS
| Dean Kenneth B. Dunn | Hired as of 07/01/2002 |
ACADEMICS & REQUIREMENTS
Specializations offered:
Other, , , ,
Programs Offered
| BS | Business Administration | Full time |
| Core curriculum last revised 2000 |
| Average class size in required business classes | 54 |
| Average class size in business electives | 29 |
| Average class size in non-business classes (required for admission to the business program | n/a |
15% of business classes (core and elective) have fewer than 20 students
53% of business classes (core and elective) have 21 to 50 students
32% of business classes (core and elective) have more than 50 students
99% of required business courses reached maximum enrollment by the first day of class from June 30, 2004 to June 30, 2005.
1% of required business courses had waiting lists for enrollment
AREAS OF STUDY & ELECTIVES
The school reports that the following are its five leading areas of study:
Entrepreneurship, Finance, General Management, Management Information Systems, Marketing
Number of elective courses (not multiple sessions of same course) available in the past academic year: 44
New electives added in the past academic year:
Negotiations
What special programs are available to business students?
MBA - 3.2 application
Honors Thesis
Computational Finance Undergraduate Degree
| Work study or co-op opportunities | Yes |
| Teaching Assistantships, graders and deparmental assistantships as well as financial aid eligible work-study. | |
| Study abroad opportunities | Yes |
| Exchange agreements with leading business schools world wide. Undergraduate campus in Qatar | |
| Volunteer and community service opportunities | Yes |
| Require professional service activities through formal course (70-201) | |
| Business clubs and extracurricular activities | Yes |
| Eight undergraduate clubs with a high participation of students. | |
FACULTY
| Total full-time undergraduate business faculty | 96 |
| Total undergraduate business adjuncts and visiting business faculty | 14 |
| Total undergraduate permanent/tenured business professors | 47 |
9% of permanent/tenured business professors are women
2% of permanent/tenured business professors are underrepresented minorities (African American, Hispanic American or Native American)
2% of permanent/tenured business professors are members of company boards of directors or boards of advisors
2% of permanent/tenured business professors have owned their own business
Prominent Faculty: Finn Kydland, Allan H. Meltzer, Chester Spatt
STUDENT LIFE
Freshmen are required to live on campus
100%of all business students live on campus
Business students are not grouped together in "learning communities" in housing or other facilities
TECHNOLOGY
Number of omputers available to undergraduate business students (within the program and university as a whole): 386
Wireless network is available in main B-school buildings
Technology changes made over the past three years:
Note re: "computers available": 99% of first-year students own a computer. (83% are laptops)
Improvements:
* Upgraded business school wireless network to 802.11a for improved capacity
* Renovated undergraduate business classroom: response system, video conferencing and individual microphones. Parallel to graduate program.
* Improved email infrastructure including virus blocking, spam filtering
* Improved undergraduate printing system, drastically reducing waste while increasing satisfactio
THE FULL-TIME JOB HUNT
The school has information regarding the employment of 100% of 2006 graduates
Of 2006 graduates for whom we have information...
87% were seeking full-time professional employment in business
13% were not seeking full-time professional employment in business
For those not seeking employment in business...
0% of those were already employed at graduation
31% were planning to continue their education immediately after graduation
6% were postponing their job search
13% were planning to start their own business
50% of those not working were doing so for other reasons
companies recruited business students on campus from June 30, 2005 to June 30, 2006
companies posted full-time job offers for undergraduate business students on the school's job boards from June 30, 2005 to June 30, 2006
Of 2006 Job-seeking Graduates...
received their first job offer by graduation
received their first job offer within three months of graduation
received their first job offer more than three months after graduation
did not report having received an offer
| Top 10 recruiting firms that hired the most graduates in the past academic year | No. hired |
| Deloitte Consulting | 5 |
| Deutsche Bank AG | 4 |
| UBS | 4 |
| JPMorgan Chase & Co. | 4 |
| Goldman Sachs Group | 3 |
| IBM Consulting | 3 |
| Citigroup | 2 |
| Credit Suisse Group | 2 |
| Goodyear Tire & Rubber | 2 |
| Heinz (H.J.) | 2 |
| Historic Salary Prospects for 2005 Grads (school reported) | |
| Average base salary | $ 54,674.00 |
| Median base salary | $ 55,000.00 |
| Average signing bonus | $ 6,000.00 |
| Median signing bonus | $ 6,000.00 |
| Average other guaranteed compensation | NA |
| Median other guaranteed compensation | NA |
CAREER DIRECTIONS
What percentage of 2006 graduates who accepted jobs did so in the following functional areas? Are these figures estimates based on the number of students majoring in these functional areas? No
| Finance (includes corporate finance, investments, treasury and financial analysis, public finance, etc.) | 42% |
| Accounting/auditing | 0% |
| General Management | 3% |
| Human Resources | 0% |
| Marketing/Sales (includes public relations, product management, market research, advertising, etc.) | 18% |
| Management Information Systems | 0% |
| Operations | 7% |
| Logistics/Transportation | 0% |
| Other | 30% |
What percentage of 2006 graduates who accepted jobs did so in the following industries? Are these figures estimates? No
| Accounting | 0% |
| Consumer Products & Retail | 6% |
| Consulting | 28% |
| Financial Services | 43% |
| Government, Nonprofit, & Education | 4% |
| Health | 3% |
| Manufacturing | 4% |
| Media & Entertainment | 3% |
| Sports & Leisure | 0% |
| Technology & Science | 3% |
| Transportation | 0% |
| UTILITIES | 2% |
| Other | 2% |
North American Jobs
0% of 2006 graduates accepted jobs in Canada
100% of 2006 graduates accepted jobs in the U.S.
Here's the regional breakdown on job acceptances in North American regions:
| Northeast (ME, VT, NY, NH, CT, MA, NJ, RI) | 56% |
| Mid-Atlantic (PA, MD, VA, WV, DE, DC) | 24% |
| South (NC, SC, KY, TN, GA, FL, AL, AR, LA, MS) | 6% |
| Southwest (CO, AZ, TX, OK, NM) | 1% |
| Midwest (WI, MO, KS, IA, MN, NE, MI, OH, IN, ND, SD, IL) | 11% |
| West (CA, HI, WA, OR, AK, MT, ID, UT, NV, WY) | 2% |
| U.S. possessions and territories (America Samoa, Palau, Guam, Puerto Rico, Virgin Islands) | 6% |
| Canada | 0% |
INTERNSHIPS
companies recruited internship-seeking undergraduate business students on campus from June 30, 2005 to June 30, 2006
NA % of internships were paid.
| Average compensation per week | NA |
| Median compensation per week | NA |
| Average internship length (weeks) |
companies posted internships for undergraduate business students on school job boards from June 30, 2005 to June 30, 2006
| Top 10 Recruiting Firms for Internships | No. interns |
| Citigroup | 7 |
| UBS | 6 |
| JPMorgan Chase & Co. | 3 |
| Merrill Lynch | 3 |
| Proctor & Gamble | 3 |
| Barclay's Capital | 3 |
| General Electric | 3 |
| Morgan Stanley | 2 |
| Lehman Bros. | 2 |
| Mellon Financial | 2 |
ALUMNI AFFAIRS
19% of living undergraduate business alumni contributed to the program/university some time between June 30, 2005 and June 30, 2006
Of those who contributed...
| The average gift was | $ 1,947.00 |
| The median gift was | $ 100.00 |
From June 30, 2005 to June 30, 2006, the undergraduate business program 19% received any individual gift in excess of $10 million
Prominent Alumni
David Coulter, Managing Dir. & Sr. Advisor, Warburg Pincus LLC
Larry Kurzweil, President and COO, Universal Studios, Hollyw
Tod Johnson, CEO, The NPD Group, Inc.
PROGRAM REQUIREMENTS
Credit hours required for business degree (including university and program requirements)
| Minimum of 121 for BS in Business Administration |
| Minimum of 37 for BS in Business Administration |
