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The Tepper School of Business at Carnegie Mellon University

Business School Admissions

Application (Fall 2013)

Application deadline (U.S. residents) April 22
Application deadline (international students) March 4
Application fee $100

Admissions & Enrollment (Full-time)

Acceptance rate 23.9% - Low
Average age of new entrants 28
Average undergraduate GPA 3.35 - Medium
Undergraduate GPA range (10th-90th percentile) 2.73-3.84
Entrants providing undergraduate GPA 109
Average GMAT score 686 - High
GMAT range (10th-90th percentile) 620-740
Students with prior work experience 192
Average work experience (months) 54

Admissions & Enrollment (Part-time)

Acceptance rate 78.9%
Average age of new entrants 27
Average undergraduate GPA 3.39
Undergraduate GPA range (10th-90th percentile) 2.9-3.9
Entrants providing undergraduate GPA 52
Average GMAT score 638
GMAT range (10th-90th percentile) 550-710
Students with prior work experience 60
Average work experience (months) 52

Undergraduate Majors

TOEFL required for international students Yes
Minimum TOEFL score required 600 paper test
100 internet-based test

Factors and Procedures Used in Admissions

(Data appear as originally submitted by this school)
Full-time program
We carefully evaluate all components of applications. We seek candidates with strong potential for academic and professional success and who are highly motivated, innovative, self-directed and possess a strong work ethic. Personal competencies such as communication, interpersonal, teamwork and leadership skills are among other key considerations. Post-undergraduate experience is not required.
Executive program
This dual degree program is designed for highly qualified professionals. Participants typically have between 10 and 15 years of experience in their fields, but others may have more or less experience, particularly if they are in career transition. While an undergraduate degree is required, it need not be in business administration.
Part-time program
We carefully evaluate all components of applications. We seek candidates with strong potential for academic and professional success and who are highly motivated, innovative, self-directed and possess a strong work ethic. Personal competencies such as communication, interpersonal, teamwork and leadership skills are among other key considerations. Post-undergraduate experience is not required.
Part-time distance learning program
n/a

Admissions Contacts

Director of admissions James Frick
Full-time program phone (412) 268-2273
Full-time program E-mail mba-admissions@andrew.cmu.edu
Full-time program website http:/​/​www.​tepper.​cmu.​edu
Executive program phone (412) 268-2304
Executive program E-mail Exec-Director@andrew.cmu.edu
Executive program website http:/​/​tepper.​cmu.​edu/​executive-education/​index.​aspx
Part-time program phone (412) 268-2273
Part-time program E-mail mba-admissions@andrew.cmu.edu
Part-time program website http:/​/​www.​tepper.​cmu.​edu/​FlexTimeMBA
Part-time distance learning program phone N/A
Part-time distance learning program E-mail N/A
Part-time distance learning program website N/A
 

Business School Academics

Program Offerings

(12) Departments/concentrations
accounting management information systems
economics production/operations management
entrepreneurship organizational behavior
finance public administration
international business quantitative analysis/statistics and operations research
marketing other
Departments with highest M.B.A. demand finance, marketing, production/operations management, organizational behavior, other
Types of M.B.A. programs offered full-time traditional two year, full-time accelerated, full-time other, part-time evenings and weekends, part-time other, other executive MBA
Joint programs available law, public policy/administration, MBA/MSCF, MBA/MSE, MBA/MSHCPM, MBA/MSCEE, MBA/MSPPM

Curricula Descriptions

(Data appear as originally submitted by this school)
Full-time program
There are no academic departments and no majors. Elective courses are required to fulfill depth and breadth requirements. Instead of 2 semesters, students take 4 mini-semesters per academic year. In a typical mini-semester, students take 4 or 5 courses affording students exposure to topics and professors. Students take at least 32 mini courses in the program, half of which are electives.
Executive program
The EMBA in Asset and Wealth Management gives students access to leading b-school faculty and experienced financial services practitioners. Comprised of 2-week classroom units, the program allows professionals to enhance their knowledge without spending long periods away from work. Half of the units occur at Carnegie Mellon University (US) and half are at the University of Lausanne(Switzerland).
Part-time program
Unlike many other leading business schools, the Tepper School of Business incorporates the same curriculum and the same faculty associated with the Full-Time MBA program. This ensures a high-caliber academic experience and degree that complements the Full-Time counterpart MBA program.
Part-time distance learning program
n/a
 

Business School Ranking

#18 Best Business Schools

(6) Ranking by Specialties

#21 in Entrepreneurship
#18 in Finance
#2 in Information Systems
#12 in Part-time M.B.A.
#4 in Production / Operations
#8 in Supply Chain / Logistics

Business Ranking Scores

These data apply only to full-time students.

Score 74
Peer assessment score (out of 5) 4.0
Recruiter assessment score (out of 5) 3.8
Acceptance rate 23.9% - Low
Average starting salary and bonus $117,650 - High
Average undergraduate GPA 3.35 - Medium
Average GMAT score 686 - High
Full-time graduates employed at graduation 74.1% - High
Full-time graduates employed three months after graduation 88.4% - Medium
Enrollment (full-time) 420
 

Business School Student Body

Student Body (Overall)

Enrollment 576

Student Body (Full-time)

Enrollment (full-time) 420
Minority students 23.8%
International students 31.0%

Student Body (Part-time)

Enrollment (part-time) 156
Minority students 3.8%
International students 15.4%
 

Business School Cost

Financial Aid Contact Information

Financial aid director Elizabeth Casale
Financial aid phone (412) 268-7581

Expenses

Tuition
Full-time: $54,800 per year
Part-time: $1,782 per credit
Required fees N/A
Room and board, books, and miscellaneous expenses $22,200
Average indebtedness of 2011 graduating class $83,388

Financial Aid Availability

College-funded aid (fellowships, assistantships, grants, or scholarships) available Yes
Fellowships N/A
Teaching assistantships 0
Research assistantships 0
International students eligible for college-funded aid Yes
High
Career and Salary Statistics

Business School Career and Salary Statistics

Carnegie Mellon University has submitted its most recent career data in accordance with the MBA Career Services Council Standards for Reporting MBA Employment Statistics and has granted permission to the Graduate Management Admission Council to send an independent third party to review for accuracy and compliance.

Class of 2011

Full-time graduates 218
Full-time graduates known to be seeking employment 189
Full-time graduates employed at graduation 74.1% - High
Full-time graduates employed three months after graduation 88.4% - Medium

Base Salary: Overall

Total reporting base salary 164
Low base salary $46,730
Average base salary $101,150
High base salary $140,000

Base Salary: U.S. Citizens

Low base salary: U.S. citizens $50,000
Average base salary: U.S. citizens $101,560
High base salary: U.S citizen $140,000

Base Salary: Foreign Nationals

Low base salary: Foreign nationals $46,730
Average base salary: Foreign nationals $99,585
High base salary: Foreign nationals $138,945

Signing Bonus: Overall

Total reporting signing bonus 129
Low signing bonus $2,000
Average signing bonus $20,977
High signing bonus $67,838

Signing Bonus: U.S. Citizens

Low signing bonus: U.S. citizens $2,000
Average signing bonus: U.S. citizens $20,516
High signing bonus: U.S. citizens $52,000

Signing Bonus: Foreign Nationals

Low signing bonus: Foreign nationals $5,000
Average signing bonus: Foreign nationals $22,993
High signing bonus: Foreign nationals $67,838

Other Compensation: Overall

Total reporting other compensation 31
Low other compensation $3,000
Average other compensation $13,568
High other compensation $47,000

Other Compensation: U.S. Citizens

Low other compensation: U.S. citizens $3,000
Average other compensation: U.S. citizens $10,689
High other compensation: U.S. citizens $31,500

Other Compensation: Foreign Nationals

Low other compensation: Foreign nationals $5,000
Average other compensation: Foreign nationals $33,000
High other compensation: Foreign nationals $47,000

Base Salary by Occupation

Numbers for employment by occupation are based on those graduates who reported base salary information by three months after graduation.
Number reporting marketing/sales jobs 30
Marketing/sales low salary $65,000
Marketing/sales average salary $100,924
Marketing/sales high salary $120,000
Number reporting operations/production jobs 9
Operations/production low salary $66,000
Operations/production average salary $99,875
Operations/production high salary $118,000
Number reporting general management jobs 32
General management low salary $76,901
General management average salary $100,345
General management high salary $121,000
Number reporting finance/accounting jobs 50
Finance/accounting low salary $46,730
Finance/accounting average salary $92,296
Finance/accounting high salary $138,945
Number reporting management information systems (MIS) jobs 0
Management information systems (MIS) low salary N/A
Management information systems (MIS) average salary N/A
Management information systems (MIS) high salary N/A
Number reporting consulting jobs 45
Consulting low salary $75,000
Consulting average salary $111,940
Consulting high salary $140,000
Number reporting human resources jobs 0
Human resources low salary N/A
Human resources average salary N/A
Human resources high salary N/A
Number reporting having jobs in other areas 1
Other occupations low salary $100,000
Other occupations average salary $100,000
Other occupations high salary $100,000

Base Salary by Industry

Numbers for employment by industry are based on those graduates who reported base salary information by three months after graduation.
Number reporting government jobs 0
Number reporting manufacturing jobs 9
Manufacturing low salary $80,000
Manufacturing average salary $99,616
Manufacturing high salary $115,000
Number reporting non-profit jobs 2
Non-profit low salary $75,000
Non-profit average salary $82,500
Non-profit high salary $90,000

Base Salary by Geographic Region

Numbers for employment by location are based on those graduates who reported base salary information by three months after graduation.
Number reporting jobs in the Northeast (CT, MA, ME, NH, NJ, NY, RI, VT) 54
Northeast low salary $70,000
Northeast average salary $101,139
Northeast high salary $130,000
Number reporting jobs in the Middle Atlantic (DC, DE, MD, PA, VA, WV) 30
Middle Atlantic low salary $65,000
Middle Atlantic average salary $97,138
Middle Atlantic high salary $130,000
Number reporting jobs in the South (AL, AR, FL, GA, KY, LA, MS, NC, SC, TN) 12
South low salary $50,000
South average salary $88,273
South high salary $125,000
Number reporting jobs in the Midwest (IA, IL, IN, KS, MI, MN, MO, ND, NE, OH, SD, WI) 24
Midwest low salary $68,000
Midwest average salary $103,310
Midwest high salary $140,000
Number reporting jobs in the Southwest (AZ, CO, NM, OK, TX) 3
Southwest low salary $72,000
Southwest average salary $94,333
Southwest high salary $115,000
Number reporting jobs in the West (AK, CA, HI, ID, MT, NV, OR, UT, WA, WY) 34
West low salary $52,590
West average salary $109,065
West high salary $125,000
Number reporting jobs located internationally 10
International low salary $46,730
International average salary $96,497
International high salary $138,945
 


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