24th

Carnegie Mellon University

Tepper School of Business

Quick Stats

  • Avg. SAT Score
    1415
  • Annual Tuition
    $44,880
    $ $ $ $ $
  • Program Enrollment
    363
  • University Selectivity
    28%
  • University Yield
    29%
  • Job Offers
    93%
  • Average Salary
    $64,572
  • Top Industry
    Financial Services
  • School Status
    Private
  • Accreditation
    AACSB Accredited
  • B-School Founded
    1949
  • Program Length
    Four Year
Contact Information
5000 Forbes Avenue
Pittsburgh, Pennsylvania 15213, United States
Website
405x225

Tepper School of Business

Our graduates’ hallmark is an ability to stay ahead of global complexity. Our students value the advantages of an exceptional student experience emphasizing rigor as well as a breadth of extracurricular options. Our small campus allows students to form close relationships with their classmates and professors and is an ideal setting for business students to explore options for leadership, cross-campus coursework and student clubs. Students have strong career support via Carnegie Mellon’s Career Development Center. As a top school for recruiters, our students’ starting median salaries were $70,000 in 2012.

What Current Students Say See All 13 Comments >

I think the most important thing is you are surrounded by really smart and down to earth people who are willing to cooperate and help each other. Class sizes are really small and professors are amazingly accessible by providing multiple emails, phone numbers and office hours. The workload is really tough and conditions are harsh, maybe throughout the years you sometimes even regret your decision however you know that you are spending your 4 years at the right place and you are doing the right thing if you are going to college for knowledge and personal growth.

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About Carnegie Mellon University

Admissions

Admissions Selectivity
28% Carnegie Mellon University 58% Average Across All Schools
Most Important Admissions Factors
  1. Secondary school record
  2. Class rank
  3. SAT/ACT scores
University Admissions
  • Min. SAT 0
  • Min. ACT 0
  • Min. GPA
B-School Admissions
  • Min. SAT
  • Min. ACT
  • Min. GPA
More Information
Total Applications
  • Applied
  • Accepted
  • Accepted Apps Enrolled
17314% 17,314
28% 28
29% 29
28% School Selectivity
29% School Yield
Demographics of Applicants
  • Male Applicants
  • Female Applicants
  • International Applicants
  • U.S. Applicants
Application Deadlines
Jan 1
Fall 2013
Required Tests
  • SAT or ACT
  • SAT subject tests: Math and one other
  • TOEFL (for non-native English speakers)
  • Are Interviews Required? Recommended
Additional Requirements:

TOEFL required for non-native English speakers.
Total Applications to Program
  • Applied
  • Accepted
  • Accepted Apps Enrolled
3291% 3,291
12% 12
21% 21
12% Program Selectivity
21% Program Yield
Program Requirements
  • Admissions managed by Business Program
  • Are interviews required? Recommended
Required Tests

Transfer Requirements
  • How internal transfers are handled Separate application
  • Min college GPA for transfers 3.0
  • Other transfer requirements Personal statement, resume, need to be enrolled in (or have completed) Multivariate Analysis
Freshman Requirements
  • Freshman admissions Yes
  • Percent of admitted applicants who are freshmen 100
  • Min GPA required in pre-business courses No
  • How freshmen are admitted Indicate interest on university application
Other Requirements for freshman

Careers

Financial Services 40%
Top Industry
  • Consulting 34%
  • Other 3%
  • Petroleum/Energy 2%
Accenture 7
Top Employer
  • Deloitte 7
  • Citi 5
  • IBM 4
Job offers within 3 months after graduation
93% Tepper School of Business 75% Average Across All Schools
More Information
Job Offers Received and Accepted
  • This School
  • All Schools
By Graduation
89% 89
59% 59.267238095238085
89% Receive Offers
84% 84
56% 55.65923664122137
84% Accept Offers
After graduation, but within 3 months
4% 4
16% 16.189999999999998
4% Receive Offers
9% 9
17% 17.25698275862069
9% Accept Offers
More than 3 Months after graduation
0% 0
10% 10.193835616438358
0% Receive Offers
0% 0
13% 12.771399999999998
0% Accept Offers
84% Graduates seeking full-time employment
16% Graduates not seeking employment
97% Percentage of graduates for whom employment information is available
Salaries and Percentages of Job Accepting Graduates
Area Grads Accepting Jobs Avg. Salary 10k 50k 100k 150k 190k
Consulting
37% 37
$63,900.00
42K 72K
Finance/Accounting
42% 42
$65,773.00
48K 75K
General Management
3% 3
Data not provided
Management Information Systems
3% 3
Data not provided
Marketing/Sales
5% 5
Data not provided
Operations/Production
3% 3
Data not provided
Other
7% 7
Data not provided
Area Grads Accepting Jobs Avg. Salary 10k 50k 100k 150k 190k
Consumer Products/Retail
3% 3
Data not provided
Consulting
34% 34
$65,117.00
54K 72K
Financial Services
40% 40
$67,000.00
45K 75K
Government/Education
6% 6
Data not provided
Non-Profit
2% 2
Data not provided
Petroleum/Energy
2% 2
Data not provided
Technology/Science
10% 10
$71,333.00
48K 90K
Other
3% 3
Data not provided
Area Grads Accepting Jobs Avg. Salary 10k 50k 100k 150k 190k
U.S. Northeast
46% 46
$67,261.00
48K 75K
U.S. Mid-Atlantic
36% 36
$59,682.00
35K 76K
U.S. Midwest
7% 7
$62,500.00
60K 70K
U.S. West
11% 11
$69,400.00
55K 90K
Salaries for Most Recent Graduates
Salaries for Most Recent Graduates
Average Signing Bonus for Most Recent Graduates
Internship Employers / Interns Hired
  • Citi 7
  • Deloitte 4
  • Barclays 4
  • Deutsche 3
  • UBS 3
Internship Services
  • Companies that recruit interns on campus
  • Companies that posted internships on school message board
  • Average intern length in weeks 10
  • Percentage of internships that are paid 85
Career Services
  • Number of companies that recruited students on campus
  • Number of companies that posted full-time jobs on school message boards
Other activities and career services provided to undergraduate business students:

Cost

Resident
$ $ $ $ $
$58,104
Total Yearly Cost
  • Tuition $44,880
  • Fees $674
  • Expenses $12,550
Non-Resident
$ $ $ $ $
$58,104
Total Yearly Cost
  • Tuition $44,880
  • Fees $674
  • Expenses $12,550
46% Percent of Institutional Grants or Scholarships 0% Percent of Full-tuition Institutional Grants or Scholarships
Basis for Grants or Scholarships
  • Need 93%
  • Merit 7%
More Information
Financial Aid
  • Financial Aid Management No
  • Website http://www.cmu.edu/hub
Scholarships
$3,598,174
Total aid distributed to undergrad business students last year
$4,217,823
Total aid distributed to undergrad business students this year
Loans
  • Loan Guarantee Policy No
  • Max Loan Guarantee Per Year

Academics

Average Class Size
  • Tepper School of Business
  • All Schools
Core Business Classes
43% 40
50% 46
Elective Business Classes
60% 35
50% 29
Required Classes with a Waiting List
40 Tepper School of Business 12 Average Across All Schools
* On the First Day of Enrollment
Top Areas of Study
  • Entrepreneurship
  • Finance
  • Management Information Systems
  • Marketing
  • Operations Management
More Information
Business Program Classes
20% Less than 20 Students 20% More than 50 Students
60% 21 to 50 students
35 Average number of students in non-business required electives
47 Different Elective Courses
New Electives
  • Entrepreneurship in Creative Industries
  • Organizational Learning and Knowledge Management
  • Commercialization and Innovation
  • Program length Four Year
  • Last change to curriculum 2008
Degrees Offered / Credits Required
  • BS/Business Administration 121
  • BA/Economics
  • BS/Economics
  • BS/Economics and Mathematical Sciences
  • BS/Economics and Statistics
Faculty
  • All Faculty
  • Tenured
47% 47
55% 55
Prominent Faculty
  • Dennis Epple

    Policy

  • Allan Meltzer

    Policy

  • Chester Spatt

    Finance
  • Are work study or co-ops available? Yes
  • Description of work study / co-ops:

    Work study as office assistants, and as teaching assistants for select courses. No formal co-op program.

  • Is study abroad available? Yes
  • Description of study abroad programs:

    The Business program has 4 exchange programs with institutions abroad. Students are encouraged to attend one of these programs or study at Carnegie Mellon's Qatar campus.
  • Is community service or volunteering available? Yes
  • Description of community service/volunteering:

    A number of Business clubs work with non-profit organizations. The major's curriculum also requires the completion of a professional service project which may include community service.

Students

80% Students in Top 10% of High School Class 56% Students with High School GPA over 3.75
1500 75th Percentile Score on SAT 33 75th Percentile Score on ACT
Student Body Breakdown
  • International Students
  • U.S. Students
  • Male Students
  • Female Students
Ethnicity of Students
Asian American
45% 45
White
36% 36
Not Reported
8% 8
* Percentages are for U.S. citizens in most recent entering class; only top three responses shown.
More Information
U.S. Regional Breakdown
14%
11%
33%
6%
8%
21%
Student Citizenship
U.S.
81% 81
Other Non-U.S. Citizenship
19% 19
Dual Citizenship
0% 0
Canada
0% 0
18 Average age of full-time students
95% Freshman retention rate
Graduation Rate
  • 4 Years
  • 6 Years
79% 79
93% 93

Alumni

Alumni Donors
Total Living Alumni
Alumni Donations
Average Gift Largest Gift
Most Prominent Alumni
  • Jeffery Housenbold

    President and CEO, Shutterfly

  • Jonathan Kaplan

    CEO, The Melt; former CEO Flip Video

  • Raymond W. Smith

    retired Chairman and CEO of Verizon Communications; currently the Chairman of Rothschild Continuation Investments, Founding Partner of Arlington Capital Partners, a private equity firm, and Chairman of Verizon Ventures