PROGRAM BASICS

• • David A. Tepper School of Business
  • FlexTime MBA Program
  • 5000 Forbes Avenue
  • PA
  • Pittsburgh, 15213-3890, Pennsylvania
  • United States
  • Program Web site: http://www.tepper.cmu.edu
  • E-mail: mba-admissions@andrew.cmu.edu
• • Percentage of part-time students who graduate within six years of entering program: 98 %
  • Average months to complete program: 33
  • Maximum months permitted to complete program: 45
  • Does the school have a separate full-time MBA program? Yes
  • If so, can part-time students switch to the full-time program? Yes

• Tuition and Fees: (Based on six credits in the fall and six credits in the spring)

  • Resident: $21,384.00
  • Non-Resident: $21,384.00

• Tuition per credit:

  • Resident $1,782.00
  • Non-resident $1,782.00
• • Graduate business school is accredited by: Association to Advance Collegiate Schools of Business (AACSB)

SCHOOL BASICS

• Graduate business school enrollment:

  • Total: 726
  • Full-Time MBA: 422
  • Part-Time MBA: 201
  • PhD Program: 103
• • Undergraduate business school enrollment: 359
  • Graduate degree programs: Other
  • Other graduate degree programs: Master of Science in Computational Finance; Executive MBA in Asset and Wealth Management

ADMISSIONS, SELECTIVITY AND YIELD

• • Total applications, most recent entering class: 90
  • Applications accepted, most recent entering class: 76 %
  • Admitted students enrolled: 87 %
  • Applicants wait-listed during the last admissions cycle: 2
  • Wait-listed applicants admitted for the semester to which they applied: 0
  • Applicant interviews are: By invitation only

ENTRY REQUIREMENTS

• • Rolling admissions? Yes
  • GMAT required? No
  • Are applicants allowed to submit the GRE? Yes
  • If not, how are applicants' quantitative abilities checked? Applicants are required to supply EITHER GMAT or GRE scores.

• GMAT score distribution (incoming class)

  • 25th Percentile 600
  • 50th Percentile (median) 640
  • 10th Percentile 550
  • 75th Percentile 680
  • 90th Percentile 710
  • Average GMAT Score 638
• • Is proficiency in English required? Yes
  • Is a minimum score on an English language proficiency test required? Yes

• Which English language proficiency tests are accepted?

  • • IELTS
    • TOEFL Internet Based Test
    • TOEFL Paper-based Test
• • Minimum paper-based TOEFL: 600

• Relative Importance of Application Elements:

  • GMAT Score: Very Important
  • Resume/Work Experience: Very Important
  • Application Essays: Very Important
  • Interviews Very Important
  • Recommendations: Very Important
  • Undergraduate Transcripts: Very Important

CLASS PROFILE

• • Female students: 15 %
  • International students: 15 %

• Percentage of U.S. students in newest entering class that are:

  • African American: 2 %
  • Asian American: 8 %
  • Hispanic or Latino American: 2 %
  • White (Non-Hispanic): 84 %
  • Chose not to report: 4 %

• Postgraduate work experience (months):

  • Mean: 52
  • Median: 48
  • From: 12
  • To: 108
  • One year or less: 17 %

• Base salary of entering part-time MBA students:

  • Mean: $64,615.00
  • Median: $65,000.00

• Middle 80% range:

  • From: $41,000.00
  • To: $83,000.00

• Entering students work in the following functional areas:

  • Consulting: 5 %
  • Finance/Accounting: 23 %
  • General Management: 5 %
  • Human Resources: 2 %
  • Marketing/Sales: 8 %
  • Management Information Systems: 18 %
  • Operations/Production: 34 %
  • Other: 5 %

• Entering students work in the following industries:

  • Consulting: 5 %
  • Consumer Products: 8 %
  • Financial Services: 17 %
  • Government: 8 %
  • Manufacturing: 22 %
  • Non-Profit: 8 %
  • Petroleum/Energy: 13 %
  • Pharmaceutical/Biotechnology/Health Care: 7 %
  • Technology: 7 %
  • Other: 5 %

• Organizations that send the most participants to the part-time MBA program:

  • BNY Mellon 22
  • Carnegie Mellon University 21
  • EQT 16
  • Medrad 15
  • Westinghouse 13
• • Mean age, newest entering class: 27
  • Median age, newest entering clas: 27

FINANCIAL AID

• • Part-time MBAs apply for financial aid through: Dedicated financial aid office at the B-school
  • Students receiving some form of financial aid in 2011-12: 48 %

• Of part-time MBA students who applied for financial aid for the 2011-12 academic year, percentage receiving:

  • Institutional Scholarships: 0 %
  • Assistantships: 0 %
  • Loans (private and government): 100 %
• • Mean financial aid package: $23,719.00
  • Median financial aid package: $20,500.00
  • On what basis are scholarships awarded? Academic merit
  • Full-tuition scholarships awarded, 2011-12: 0
  • How does an applicant apply for scholarship consideration? all candidates are considered for scholarships
  • Does school offer a guaranteed loan to all part-time MBAs? No

FACULTY

• • Faculty employed by the B-school: 143

• Full-time faculty:

  • Tenured: 44
  • Non-Tenured: 57

• Adjunct/Visiting Faculty:

  • Tenured: 0
  • Non-Tenured: 42

• Women on Faculty:

  • Tenured: 3
  • Non-Tenured: 25

• Minority Faculty:

  • Tenured: 7
  • Non-Tenured: 15

• International Faculty:

  • Tenured: 13
  • Non-Tenured: 39

• Faculty with PhDs:

  • Tenured: 44
  • Non-Tenured: 52
• • Faculty on company boards: 9

STUDENT LIFE

• Active MBA specialization clubs open to part-time students:

  • • Biotech/Health care
    • Corporate Social Responsibility/NetImpact
    • Entrepreneurship
    • Finance
    • Marketing
    • Nonprofit
    • Other
    • VC/ Private Equity
    • Consulting
    • Information Technology
    • Manufacturing
    • Investment Banking

• Active MBA networking clubs open to part-time students:

  • • International Club
    • Black MBA Association
    • Hispanic Student Organization
    • Volunteer
    • Women in MBA
    • Other
    • Gay/Lesbian/Bisexual
    • Partners/Family
    • Wine
• • Do part-time MBA students have their own area/center on campus? No
  • Do part-time MBA students have break-out rooms? Yes

TEACHING/ACADEMICS

• Teaching Methods:

  • Case Study: 25 %
  • Lectures: 50 %
  • Simulations: 15 %
  • Team Projects: 10 %
• • Estimated number of hours per week students spend on classwork, excluding time spent in class: 14
  • Teachers in the part-time program: 48
  • Tenured teachers in the part-time program: 22
  • Faculty also teaching in full-time program: 100 %
  • Faculty with at least five years of full-time corporate experience 5 %
  • Average core class size: 49
  • Average elective class size: 35
  • Electives available: 97

• Recently added electives:

  • Organization Design Project
  • Internet Commerce & Intellectual Property
  • Ethics and Leadership
  • Financial Intermediation
• • Last curriculum revision: 2007

• Concentrations and specializations offered to part-time MBAs:

  • • Accounting
    • Finance
    • Marketing
    • Other
    • Entrepreneurship
    • Operations Management
    • Organizational Behavior
    • Strategy
    • International Business
    • Economics
    • Statistics and Operations Research

• Additional concentrations offered:

  • Information Technology/Information Systems
  • Communications
• • Does the B-school offer an accelerated part-time MBA program? No

• Leading areas of study:

  • • Finance
    • Strategy
    • Marketing
    • Operations Management
    • Organizational Behavior

• Graduation requirements:

  • • Students must have attended a minimum number of classes
    • Students must have earned a pre-determined GPA/Letter grade average
    • Other: Describe in next screen
• • Other graduation requirements: Capstone project completion and elective requirement completion
• • Credits required to graduate: 64

TECHNOLOGY

• • Technology improvements in the last three academic years: New tv studio; web apps for alumni/student services; Faculty Center projectors, touch panel control, flat panel displays, podiums, flexible display orientations; Classrooms dual HD projectors, touch panel control, HD dist. learning equipment, recording technology, doc camera, audio/sound treatment, widescreen projectors, current generation touch panel control & updated video switchers; Virtual Machine architecture, converted web/database servers to virtual machines; upgraded Bloomberg terminals.
  • Amount spent: $6,000,000.00

B-SCHOOL ALUMNI

• • Living MBA alumni: 8,800
  • Active MBA alumni clubs: 35
  • Countries in which MBA clubs exist: 14
  • Living MBA alumni who gave in past year: 19 %
  • Does the main university offer career placement services for alumni? Yes
  • Does the main university have an alumni networking Web site? Yes
  • University alumni networking site: http://www.cmu.edu/alumni
  • Does the B-school offer career services for alumni? Yes
  • Does the B-School have an alumni networking Web site? Yes
  • Business school alumni networking site: http://tepper.cmu.edu/alumni/index.aspx
  • Do current MBA students have access to an alumni database? Yes

CAREER SERVICES

• • Do part-time MBAs have access to career development office?
    • Yes
  • If yes, at what point in the degree process are part-time MBA students able to use the service?
    • After the first year
  • Are part-time MBAs permitted to interview for full-time jobs? Yes
  • Are part-time students included in resume drops? Yes

• • -The Carnegie Mellon University Tepper School of Business provides a substantive curriculum delivered by top-notch professors, most with real-world experience. The Flex-Time (i.e. part-time) MBA program's courses and instructors are identical to those in the full-time program, ensuring the same high quality learning experience. The Flex-Time schedule works well for students with full-time jobs. Finally, Carnegie Mellon University provides a superb learning environment.
    
    -There's no doubt about the quality of education at the Tepper School however, part-time students are often unable to take advantage of the many wonderful extra-curricular activities that are made available to the full-time program. After several attempts to voice our concerns about being effectively treated as "second-class citizens" the only response was that there was an extreme space constraint that forced the administration to schedule events during normal business hours. While this should not reflect poorly on the merit of the degree itself, it is cause for hesitation upon issuing a recommendation to another prospective student.
    
    -The only improvement is having the schedule of flextime classes set and predictable. But I do understand that things change due to professor's overall schedules and things like sabbaticals.
    
    -My experience at the Tepper School has made me a higher performing individual professionally, personally, and in my community. At the Tepper School your classmates and professors push you to excel in all areas of life beyond the traditional MBA curriculum and give you the support to succeed. This has been 3 of the best years of my life and I would urge all of my friend and colleagues who aspire to be a leader in their community to apply to the Tepper School.
    
    -The school excels in quantitative teachings, however some more common sense day-to-day applications are left out. There often are decision points where common sense rules the day, which the school fails to address.
    
    -Tepper is great academically and with its career placement and many activities. But what really sets it apart is the community within the program, which you do not always find elsewhere.
    
    -Clearly state to prospective students of the differences between full time and part time and make clear what the program could deliver specifically to the part time program.
    
    -Tepper provides an excellent ROI. Anyone who has the chops to get in and succeed there will find ample opportunities to showcase their new skills while earning an enviable salary upon graduation.
    
    -I'd like to see Tepper work with large companies within Pittsburgh to develop a mutually beneficial partnership.
    
    -I found the part-time program to be amazing - difficult but very rewarding for the effort. My classmates were very dedicated, which enhanced my experience tremendously, and the rigor of the program ensured learning in leaps and bounds. If people considering business school are serious about the endeavor and want to wring the most out of their time and experience, Tepper should be at the top of their list.
    
    -Carnegie Mellon is home to some of the world's premier institutions in information systems, robotics, artificial intelligence, entertainment technology, computer and electrical engineering, business, and the arts. MBA students are allowed to take classes at any of the other schools just as those students are allowed to take MBA classes. Instances where students from different schools collaborate on projects together have yielded some of the most innovative results. Greater collaboration between the schools on campus could improve the MBA program.