Tepper School of Business at Carnegie Mellon University is a pioneer in the field of analytics-based management science. The school has ranked consistently among the top 20 business schools in the USA and is globally renowned for its Swartz Center for Entrepreneurship.

The Programs offered at Tepper School of Business include undergraduate degrees in business and economics, Masters of Science degree in business analytics, computational finance, and product management. Currently, the school is home to around 650 students with international candidates constituting around 20% of the total population.

It is recognised worldwide for its STEM MBA program that incorporates the fundamentals of business with technology, engineering, and science. The program also offers an added advantage to international students. They can go for Optional Practical Training and apply for a 24-month extension post completion of OPT, which provides them with 36 months of temporary employment in the US.

The school follows a competitive admission process with a 27% acceptance rate. While the school does not follow any rigid application checklist while selecting students, candidates applying to Tepper school of business maintain an average GPA of 3.32 (85%) and a GMAT score of 680 – 720.

Applicants also have to pay around 250 USD as an application fee while the tuition fee is around 70,000 USD. However, the school extends a very limited number of merit-based scholarships applicable towards tuition to international students. Candidates in need of financial aid, can also consider opting for Fulbright scholarship programs in India.

Highlights

Type of University	Private
Year of Establishment	1949
Campus Setting	Urban
Total Enrollment	1,305
Full-time graduate employed at graduation	80.9%
Female:Male	30:70
QS Global MBA Ranking	37

Tepper school of business acceptance rate

How hard is it to get into Tepper’s MBA program? The acceptance rate for Tepper is 31.2%. It is important to consider the acceptance rate in the context of the student profile of those who are admitted. For example the average GMAT score is 680.

Tepper School of Business Rankings

Ranked 16th in Best Business Schools according to the US News ranking agency for the year 2022
Ranked 7th in part-time MBA according to the US News ranking agency in the year 2021
Tepper School of Business ranked #37, as per QS Global MBA rankings 2021
The school ranked 9th in The Economist Full-time MBA 2021 ranking
Ranked #27 in Financial Times Global MBA Ranking 2021

Carnegie Mellon University (Tepper) is ranked No. 16 (tie) in Best Business Schools and No. 7 (tie) in Part-time MBA.

Ranking	Rank (out of 100)
Overall rank	33
Regional rank	26

#15 Business School

Bloomberg Businessweek

#1 Online MBA

U.S. News & World Report

Full-Time MBA Overall School Rankings

#8

Two-Year MBA
Times Higher Education/Wall Street Journal (2018)*

#14

MBA Ranking, U.S. Schools
Financial Times (2021)

#15

Business School
Bloomberg Businessweek (2019-20)

#15

Best MBA Programs
Fortune (2021)

#16

Graduate Business School
U.S. News & World Report (2022)

#17

Business School
Forbes (2019)

#18

MBA Ranking, U.S. Schools
QS Top Universities (2021)

Part-Time MBA Rankings

#1

Best Online MBA
U.S. News & World Report (2021)

#2

Top Online MBA
Poets&Quants (2021)

#3

Best Online MBA
Princeton Review (2021)

#3

Best Online MBA Programs
Fortune (2021)

#7

Best Part-Time MBA
U.S. News & World Report (2022)

Entrepreneurship
Bloomberg Businessweek (2019)

#13

Finance
U.S. News and World Report (2020)

Tepper School of Business Campus & Accommodation

Tepper School of Business shares campus with its parent institution Carnegie Mellon University. Students of Tepper can take part in the organizations and activities offered at Carnegie Mellon University Campus and connect with their fellow peers.

Spring Carnival is one of the most beloved traditions at Carnegie Mellon. With more than 100 events, it is also one of the largest. There are also over 400 student-run campus organizations encompassing a broad spectrum of interests including but not limited to social, service, academic, recreational, athletic, cultural and governance.

Tepper School of Business campus offers housing facilities along with meal plans for undergraduate students. A variety of housing options are available like traditional, suite-style and studio apartments. All residential halls offer amenities such as laundry, wireless internet connection etc. Housing rates are around 13,000 USD per academic year. However, there is no graduate student housing at Carnegie Mellon. Prospective candidates can refer to resources provided by Housing Services for off-campus student housing in the US.

Tepper School of Business Programs

Tepper School of Business offers two undergraduate degree programs in business and economics, five master’s programs and one PhD program.

The undergraduate business program at Tepper School of Business is designed around four core courses in economics, computing course, mathematics and business. Apart from one, students will also have to pick a concentration course offered on study areas like entrepreneurship, finance, marketing management, accounting, etc.
The undergraduate program in business also includes a variety of projects, internships and leadership development programs which will allow students to apply the knowledge and skills learned in classrooms.
The Bachelor of Science in Economics and Bachelor of Arts in Economics program at Tepper School of Business has received the US Department of Education Designation.
These programs have now joined the ranks of other Economics Stem offerings – Bachelor of Science in economics and mathematical sciences, Bachelor of Science in economics and statistics. Students can also opt for a minor in economics offered by Tepper School of Business.
Masters Program offered at Tepper School of Business include MBA, Master of Science in business analytics, computational finance and product management, Master in integrated innovation for product and services.
MBA at Tepper School of Business is offered in three formats – full-time, part-time online hybrid and part-time flex.
The two part-time MBA programs are for 32 months whereas the Full-time MBA has a course duration of 21 months. Students who have enrolled on the full-time MBA program can take part in the summer internship.
The MBA program at Tepper Business School focuses on analytical decision making and leadership development which sets it apart from other schools. Students will have the option to choose from over 200 electives and 12 concentrations.
The Master of Integrated Innovation for Products and services degree is designed for the next generation of design thinkers, innovators and world-changers.

The doctoral program at Tepper School of Business offers eight focused fields of study. These include economics, marketing, financial economics, operations management, accounting, business technologies, operations research. Tepper School of Business also collaborates with other colleges under Carnegie Mellon University to offer joint PhD degrees.

Tepper School of Business Application Process

Tepper School of Business follows a holistic admission process while selecting students. Besides academic grades and curriculum rigor, the university will take into consideration non-academic interests, talent or potential, hobbies, community involvement. Leadership, motivation, passion and perseverance, community and volunteer service and other experiences are also considered when making admission decisions.

Where to apply: Common Application

Application Fee:

75 USD (Undergraduate admission)
200 USD (MBA Admission)

Documentation Requirement

Academic Transcripts
Two Academic letters of recommendation
Three Essays
Standardized test scores required to study in USA such as SAT or ACT
English Proficiency Scores which includes TOEFL or IELTS
Secondary School Counselor Evaluation
One professional letter of recommendation (For MBA applicants)
Current Resume
Official GMAT/GRE scores (for MBA applicants only)

Students applying for MBA programs may be invited for an interview with a member of the admissions team after submission of all the above application documents

Tepper School of Business Cost of Attendance

The following table gives the cost of attendance at Tepper School of Business:

Expenses	Costs
Tuition	70,000
Additional Fees	906
Room and Board	11,582
Books and Supplies	680
Transportation	7,00
Personal Expenses	2,000
Medical Insurance	1,852

Tepper School of Business Scholarships & Financial Aid

The college offers a generous amount of financial aid to the students in the form of merit-based scholarships to afford their studies in the USA.

Tepper MBA Scholarship is given to all full-time and part-time MBA students at the time of admission on the basis of the overall strength of the admissions application.
The Tepper School Forté Scholarship helps support female candidates who have an exceptional academic record. These candidates are selected during the admission process.
The Tepper School of Business is a member of the Consortium for Graduate Study in Management (CGSM). The Tepper School Consortium Fellowship is a fellowship for the students to become a member of the consortium and get admitted to The Tepper School. These students will get full tuition, a merit-based fellowship that will cover their MBA tuition fee and other mandatory fees for the full 2 year time period.
Apart from these other types of scholarships, federal loans or private education loans are provided to the students. These financial aids vary from course to course.

Tepper school of business notable alumni

Tepper School of Business has a strong network of Alumni who stay connected with the school community in various ways. The alumni can attend webinars, be an admission ambassador or a recruiter. Alumni can also get involved with current students as their mentors and can provide counselling and career advice to the current students.

Tepper School of Business at Carnegie Mellon University | Leverage Edu

The school also offers resources such as cutting-edge research, skill development, career planning, and networking opportunities that alumni members can use for professional development.

Some of the distinguished alumni of the school are – Jim Bernier (Executive Vice President, Head of Derivative Products Group, PNC Bank), Michelle Crottier (Regulatory Affairs Finance Manager, Google), Bob DeAngelis (Executive Vice President, KeyBank).

Tepper School of Business Placements

As per the 2020 MBA Employment Report published by Tepper School of Business, around 89% of the class of 2020 received a job offer three months after graduation and 87% accepted their job offers. The class of 2020 also set a new record high for starting salaries with a median of 136,000 USD. This is 10,000 USD more than the previous year’s MBA graduate starting salary. Moreover, among those who accepted their job offers, around 91% received a signing bonus. The median signing bonus was 30,000 USD.

The median compensation of 2020 full-time MBA graduates by function is detailed in the table below:

Job Function	Salary in USD
Consulting	160,000
General Management	127,500
Information technology	130,000
Production and operations management	120,000
Finance	130,000
Marketing	135,000

The Master’s career centre at Tepper School of Business partners with over 200 recruiters globally to better improve internship and full-time employment opportunities for students. Some of the top recruiting partners are Accenture, Amazon, Apple, Altman Vilandrie & Company, Abbott Laboratories, American Express, Bank of America Merrill Lynch, Cognizant Technology Solutions, Capital One Financial Co., Facebook, Dell, Deloitte, Federal Reserve Bank of New York and so on.

Instead of keeping pace with current trends, Tepper School of Business believes in transforming the way organizations function through innovative ideas, creative solutions and approaches. Thus at Tepper, students will experience future-focused business education that is customized to today’s marketplace.

At Tepper School of Business, students will also come across some of the highly qualified, intellectual and creative minds who are experts in their chosen field. From them, students will learn how to face challenges and lead with confidence.

Tepper school of business mba fees

Class Size	77
Average Years of Work Experience	6
Length of Program	32 Months
Average Post-Graduation Salary	$126,250
Tuition (In-State & Out-of-State)	$17,500 Per Semester

Tepper school of business online mba

The Carnegie Mellon Tepper Online Hybrid MBA offers the best of both worlds—the convenience of learning from anywhere coupled with in-person experiences that ensure you don’t miss out on anything by being online—all in one high-caliber program ranked #3 by U.S. News and World Report.

The Tepper Part-Time Online MBA classes are taught by their renowned faculty so you are never shortchanged on quality.

Weekly online classes are augmented by in-person Access Weekends held several times a year, letting you connect in person with classmates and professors.

The Tepper Part-Time Online MBA online program has the same rigorous curriculum focused on leadership and analytics taught in weekly live sessions by the same faculty who teach their full-time students.

Community and connections: Spend time with faculty and classmates during Access Weekends, which take place six times a year in various locations. Start classes with the professors who will be teaching you all semester and network with your classmates, other MBA students and alumni, while building personal and professional connections that are critical to your MBA experience.

All the Tepper School advantages: The Tepper MBA experience isn’t just about the classroom experience. Top-ranked career services, student clubs and leadership training are essential components of the Tepper School advantage. All of these are available to you as an online student. You won’t miss out when you’re part of our online format.

Flexibility: The online hybrid format offers the ultimate flexibility. Live, interactive classes take place just two evenings a week; offline, you work at your own pace and within your busy schedule.

Thinking you may want to switch to our full-time program later? No problem—since it’s all one program, you have that option.

Curriculum

With an unparalleled focus on leadership development and analytics, the Tepper School MBA curriculum provides an integrated view of business and skill development that will prepare you to manage, lead, and solve complex business problems.

The focus on analytics, leadership, development and strategic decision-making provides a powerful foundation for applying coursework that emphasizes core management fundamentals. The curriculum emphasizes mastery of management fundamentals in year one, prior to the selection of electives that provide breadth and depth in key industry and functional areas.

Class Profile

The Tepper School of Business Part-Time Online Hybrid MBA program features 77 students, 34 percent of which are female. Four percent are international. The average student in the program scored 674 on the GMAT, had a 3.39 undergraduate GPA, and enrolled with 6 years of prior professional work experience.

Tuition, Scholarships, and Financial Aid

The total cost for the Carnegie Mellon Part-Time Online Hybrid MBA is $17,500 USD per semester, over the course of eight separate semesters. This does not include fees.

Admissions

The following must be included in the Carnegie Mellon Part-Time Online Hybrid MBA application:

• An online application form
• Current resume
• One required essay
• One professional recommendation
• Unofficial transcripts of all academic work
• Official GMAT score (preferred) or GRE (accepted)
• Official TOEFL or IELTS score (if applicable)
• $200 application fee

2021-2022 Carnegie Mellon Tepper Online MBA Deadlines

Round Two – January 5, 2022
Round Three – March 6, 2022
Round Four – April 18, 2022

Carnegie Mellon Tepper Online MBA FAQ’s

How has the university coped with the pandemic?

The school is currently operating in a hybrid format however all in-person non-curricular gatherings and meetings have been made exclusively virtual.

What is the predominant background of students entering the Carnegie Mellon Online MBA program?

More than half of this year’s students received an undergraduate degree in engineering. Twelve percent came from business and another 10% from math/science.

What MS programs does Carnegie Mellon offer?

The university has several MS programs including those in computer science, product management, and business analytics.

Tepper School of Business MBA Fees