A 5 minute read

Carnegie Mellon University’s Tepper School of Business came into being in 1949 when management was a fledgling academic area. Even then the new B-school refused to follow the conventional case-study method of teaching and created a problem-solving methodology to business and management challenges. Ranked at #12 in the latest Bloomberg Businessweek MBA rankings the Tepper MBA program is consistently rising in various business school rankings. This is mostly due to its focus on innovative teaching methods and continued emphasis on subjects such as analytics and big data.

CMU Tepper School of Business MBA Program - Class Profile, Career and Employment Outcomes

If Tepper School of Business is your target business school, this article will help you in researching the class profile, and career prospects its full-time MBA program can offer you.

 

Here is a brief outline of this article:

General Information on the Tepper School of Business MBA Program

Location –

Tepper School of Business
Carnegie Mellon University
5000 Forbes Avenue
Pittsburgh, PA 15213

Admissions Office

Street address:
4765 Forbes Avenue
Suite 2300
Pittsburgh, PA 15213

Mailing address:
5000 Forbes Avenue
Pittsburgh, PA 15213

Phone: 412-268-5687
Email: mba-admissions@andrew.cmu.edu

Social media – FacebookTwitterYouTubeLinkedIn, Instagram

Tepper School of Business MBA Program – Class Profile, Cost of Attendance, Median Salary

Below are the details of the Tepper MBA program’s class profile, cost of attendance, median salary. Here is the list of the total cost (tuition fee + living expenses) of top MBA programs across the world.

S. No. Tepper School of Business Numbers
1 Average GMAT 690
2 Average GPA 3.4
3 Class Size (enrolled in the class of 2020) 236
4 GMAT Range 640 – 742
5 2019-20 Tuition $68,000
6 % Received job offers 3 months after graduation 92%
7 Average Annual Salary 120,382
8 Median Annual Salary 125,000

Tepper MBA Program: 2020 Incoming class profile

Enrolled 236
GMAT Scores 640 – 742
Undergraduate GPA (Average) 3.4
Undergraduate GPA Range 2.9-3.8
% of women in the class 28%
% of international citizens 34%
Countries represented 32

Pre-MBA Industry of Tepper Business School’s incoming class of 2020

Unlike many other B-schools, Tepper’s MBA class is made up of a vast majority of science/engineering graduates. Engineers make up 39% of the class, and IT professionals and students from a pure mathematics and science background make up 6% & 5% of the class respectively.

Pre-MBA Industry – Tepper School’s incoming class of 2020
Industry Percentage
Engineering 39%
Business 27%
Economics 12%
Humanities & Social Sciences 10%
Mathematics & Physical Science 6%
Information Systems & Computer Science 5%
Other 1%

Tepper School of Business MBA Program: 2018 – 2019 MBA Application Deadlines

Tepper (Carnegie Mellon University) maintains a commitment to make their classes diverse and hence it doesn’t subscribe to a rigid student profile. Their application process is entirely online and requires the student’s resume, GMAT/GRE score, TOEFL/IELTS scores (if applicable), transcripts of all academic work, 1 recommendation, 1 essay, and the $200 application fee. The shortlisted candidates are invited for the final interview.

As always, the competition is fierce, and it is very important that you have your application ready by Round 1 or Round 2. Learn here why applying in Round 1 or Round 2 is important.

Tepper MBA Program Application Rounds Application Deadline Admissions Decision
Round 1 October 3, 2018 December 12, 2018
Round 2 January 5, 2019 March 14, 2019
Round 3 March 7, 2019 May 8, 2019

Tepper MBA Program: Employment Report (Class of 2018)

The MBA graduates of Tepper used their engineering background to find lucrative jobs in the technology industry. Most of the graduates – 32.4% – were offered post-graduation jobs by technology organizations.

After that came, the Consulting industry with 23.1% of the jobs offers, but here too technology-related businesses had a small slice of the pie – with 4.05% of the consulting companies sporting tech as their core business.

Below is a detailed look at the employment statistics by industry, job function, and location.

Employment by Industry

Technology related businesses offered the maximum number of jobs to Tepper’s MBA graduates. They accounted for 32% of the jobs accepted by the students. However, the Consulting industry paid the best salaries with mean salaries for students in this industry coming to $135,921.

Carnegie Mellon Tepper School of Business - Employment by Industry

Below is the detailed employment report of Tepper School of Business outgoing class of 2018.

Industry Percent Mean Annual Salary Median Annual Salary
Biotechnology/Pharma 12.1 $ 112,821 $ 115,000
Consulting 23.1 $ 135,921 $ 135,000
Consumer Products 4.6 $ 101,375 $ 107,000
Financial Services 11 $ 117,932 $ 122,500
Manufacturing 5.8 $ 110,112 $ 115,000
Entertainment/Media 1.7
Other 9.2 $ 104,425 $ 109,500
Technology 32.4 $ 121,448 $ 130,000

Employment by Function

When it comes to job roles/profiles Consulting ruled the roost – a quarter of the graduates opted to pursue consultancy roles. Maybe the generous salaries attached to these functions had something to do with it? The median salary offered to graduates taking up jobs in consulting is $135,000.

Carnegie Mellon Tepper School of Business - Employment by Function

General management functions also attracted many students and accounted for 22.5% of the class of 2018’s job offers.

Function Breakdown Percentage Mean Base Salary Median Base Salary
Consulting 25.4 $ 134,533 $ 135,000
Finance 19.1 $ 113,897 $ 112,000
General Management 22.5 $ 117,849 $ 120,000
IS/IT: Management 2.9 $ 112,376 $ 111,111
Marketing 17.9 $ 111,810 $ 115,000
POM 8.7 $ 122,333 $ 130,000
Other 3.5 $ 112,167 $ 109,500

Employment by Location

92% of the students of Tepper School received a job offer within three months after graduation. Despite a third of the class being made up of international students, close to 95% of the class accepted offers within the United States.

Carnegie Mellon Tepper School of Business - Employment by Region

Employment Breakdown by Region (US)

Region Percentage Median Base Salary by region
Mid Atlantic 11.6 $ 107,500
Midwest 12.7 $ 120,000
Northeast 26.6 $ 125,000
South 8.1 $ 111,000
Southwest 7.5 $ 107,500
West 28.3 $ 130,000

Employment Breakdown by Region (International)

Region Percentage
Asia 2.9
Europe 1.2
Latin America & the Caribbean 1.2
United States 94.7

Tepper School of Business: Major Employers

  • PricewaterhouseCoopers
  • Deloitte
  • KPMG
  • McKinsey & Company
  • Boston Consulting Group
  • Cigna
  • Amazon
  • Target
  • Deutsche Bank
  • Google Inc
  • Amazon
  • Verizon Communications
  • Proctor & Gamble
  • Philips Healthcare
  • Adobe Systems
  • Amazon
  • Apple
  • Johnson & Johnson
  • Microsoft
  • Target

Tepper School of Business – Notable Alumni

CMU Tepper School of Business, Tepper MBA Program - Notable Alumni

  • Gunjan Kedia, vice chairman of Wealth Management and Securities Services at U.S. Bank
  • Jim Bernier, Executive Vice President, Head of Derivative Products Group, PNC Bank
  • Chuck Bracken, Chairman & Chief Executive Officer, The Barton Group
  • Lyenda Simpson Delp, Managing Director, Black Rock
  • Ozgur Dogan, Director, Amazon WW Logistics Product and Tech
  • Lori Heinel, Executive Vice President, Deputy Global Chief Investment Officer, State Street Global Advisors
  • Tal Heppenstall, President, UPMC Enterprises
  • Michael Hermeston, Director of Product Operations, Communication, Photos, and Cloud Products, Google
  • Kalpesh Kapadia, CEO, Deserve, Inc.
  • Lillian MacEachern, Vice President, JPMorgan Chase & Co.
  • Rob Rice, Controller, ExxonMobil Exploration Company
  • Sujal Shah, President & CEO, CymaBay Therapeutics, Inc.
  • Aurobind Satpathy, Senior Partner, McKinsey & Company
  • Ranjit Singh, Principal, Pricing & Profitability Management Practice Leader, Deloitte
  • Michael Smith, Chief Marketing Officer, Yapta
  • Susan Smith, Management Consultant, FORCE Consulting Group LLC
  • Eric Butler, Executive Vice President, Union Pacific Railroad Company
  • Stephanie Ercegovic, President, Discovery Capital Management
  • Rimmo Jolly, Managing Director, Citi Prime Finance Asia Pacific Markets
  • PJ Juvekar, Managing Director, Equity Research, Chemicals & Agriculture, Citigroup Investment Research
  • Katherine Kohatsu, Principal, Health Industries Advisory, Strategy, PricewaterhouseCoopers network
  • Brian Olsavsky, Senior Vice President and Chief Financial Officer, Amazon.com
  • Jim Ostry, Managing Director, HOLT Strategy & Branding, Credit Suisse, Inc.
  • Paul Wellener, Principal, Consumer, and Industrial Products Practice, Deloitte Consulting LLP

Other MBA programs you should consider

Stretch Schools: NYU Stern, UCLA (Anderson), Yale School of Management, MIT Sloan

Match Schools: Washington (Foster), Georgetown (McDonough), Washington (Olin)

Safety Schools:  Wisconsin School of Business, Michigan State (Broad), Penn State (Smeal)

Have a question? Write to us at acethegmat@e-gmat.com.

 

Payal Tandon
Co-founder, e-GMAT
Welcome to e-GMAT Support!
I am Payal, Co-Founder of e-GMAT.
Feel free to ask any Query.
Thank you for your query.
We will be contacting you soon on