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CMU Tepper MBA Program – Class Profile | Employment Reports & Salaries

Carnegie Mellon University’s Tepper School of Business came into being in 1949 when management was still 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 #15 in the latest Bloomberg Businessweek MBA rankings the CMU Tepper MBA program is consistently ranked in the top-20 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 MBA Program - Class Profile _ Employment Reports & Salaries 

If the 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

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CMU Tepper 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. CMU Tepper School of Business Numbers
1 Average GMAT 687
2 Average GPA 3.3
3 Class Size (enrolled in the class of 2021) 200
4 GMAT Range 640 – 730
5 2019-20 Tuition $68,000
6 % Received job offers 3 months after graduation 92%
7 Average Annual Salary 124,058
8 Median Annual Salary 126,250

CMU Tepper MBA Program: 2021 Incoming class profile

CMU Tepper MBA Class Profile Number
Median GMAT 700
Undergraduate GPA Range 2.9-3.8
% of women in the class 33%
% of international citizens 35%
Countries represented 28
Average Work Experience 5.7
GPA Range (Middle 80%) 2.9 – 3.8
Average Work Experience (Middle 80%) 3.0 – 8.3

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 2021
Industry Percentage
Engineering 34%
Business 23%
Economics 14%
Humanities & Social Sciences 10%
Mathematics & Physical Science 8%
Information Systems & Computer Science 5%
Other 6%

Tepper School of Business MBA Program: 2019 – 2020 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. 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 Application Round Application Deadline Admissions Decision
Round 1 October 6, 2019 December 11, 2019
Round 2 January 5, 2020 March 4, 2020
Round 3 March 2, 2020 May 4, 2020

Tepper MBA Program: 2019 Employment Report

CMU Tepper MBA graduates used their engineering background to find lucrative jobs in the technology industry. Majority of the graduates – 61% – were offered post-graduation jobs by technology & consulting organizations.

An equal number of CMU Tepper MBA graduates took up jobs in the Consulting industry. 27.3% of these were in Management/Strategy consulting and 3.2% were in Technology consulting. Below is a detailed look at the employment statistics by industry, job function, and location for 2019 CMU Tepper MBA graduates.

CMU Tepper MBA: Employment by Industry (2019)

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.

CMU Tepper MBA - 2019 Employment by Industry

Below is the detailed employment report of Tepper School of Business outgoing class of 2019.

Industry % Accepted Mean Median
BIOTECHNOLOGY/HEALTH/PHARMACEUTICAL 7.00% $110,615 $110,000
Biotechnology 0.50% N/A N/A
Medical Products/Devices 1.10% N/A N/A
Medical Services 3.20% $107,167 $105,000
Pharmaceuticals 2.10% $113,750 $112,500
CONSULTING 30.50% $140,844 $145,000
Management/Strategy 27.30% $143,907 $150,000
Technology 3.20% $115,833 $125,000
CONSUMER PRODUCTS 3.20% $107,000 $109,000
FINANCIAL SERVICES 10.20% $112,333 $120,000
Asset Management 0.50% N/A N/A
Commercial Bank 3.20% $121,200 $135,000
Credit Reporting/Analytics 0.50% N/A N/A
Investment Bank 3.20% $112,333 $125,000
Other 1.60% N/A N/A
Private Equity/Venture Capital 1.10% N/A N/A
MANUFACTURING 8.60% $114,838 $112,700
Aerospace 2.70% $123,400 $125,000
Automotive 2.10% $106,350 $105,200
Chemicals 1.10% N/A N/A
Other 2.70% $109,000 $110,000
MEDIA/ENTERTAINMENT 0.50% N/A N/A
OTHER 5.90% $109,082 $120,000
ENERGY/PETROLEUM/UTILITIES 2.10% $107,567 $118,000
GOVERNMENT/NOT-FOR-PROFIT 1.60% N/A N/A
TECHNOLOGY 30.50% $125,630 $130,000
Electronics 0.50% N/A N/A
Hardware 3.70% $127,571 $125,000
Internet/eBusiness 14.40% $125,077 $130,000
Other 1.60% N/A N/A
Software 8.60% $127,400 $128,000
Telecommunications 1.60% N/A N/A

CMU Tepper MBA: Employment by Function (2019)

When it comes to job roles/profiles Consulting ruled the roost – almost a third  of the graduates opted to pursue consulting 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 $145,000.

CMU Tepper MBA - 2019 Employment by Function

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

FUNCTION % ACCEPTED MEAN MEDIAN
CONSULTING 32.10% $140,094 $145,000
Internal 3.20% $109,667 $119,000
Management/Strategy 28.90% $143,605 $145,500
FINANCE 18.70% $108,626 $115,000
Accounting 0.50% N/A N/A
Analytics 1.60% N/A N/A
Asset Management 1.60% N/A N/A
Corporate (Analysis/Treasury) 8.00% $115,857 $117,500
Investment Banking 3.70% $109,857 $125,000
Other 1.60% N/A N/A
Research 0.50% N/A N/A
Structured Products 1.10% N/A N/A
GENERAL MANAGEMENT 16.60% $113,639 $120,000
General/LDPs 8.00% $123,693 $130,000
Project Management 2.70% $85,000 $90,000
Strategic Planning/Bus. Development 5.90% $112,946 $125,000
IS /IT: MANAGEMENT 1.60% N/A N/A
Management 1.10% N/A N/A
Programming/Software Development 0.50% N/A N/A
MARKETING 19.30% $121,882 $125,000
Brand (B2C) 3.70% $118,286 $120,000
Product/Industrial (B2B) 10.20% $128,177 $130,000
Research/Analytics 2.70% $114,700 $120,000
Sales 2.70% $112,700 $112,500
POM 8.60% $126,033 $125,000
Operations Management 5.90% $130,100 $127,500
Supply Chain Management/Logistics 1.60% N/A N/A
Production Management 1.10% N/A N/A
OTHER 1.60% N/A N/A
HUMAN RESOURCES 1.60% N/A N/A

CMU Tepper MBA: Employment by Location

94% 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 92% of the class accepted offers within the United States.

CMU Tepper MBA - 2019 Employment by Region

CMU Tepper MBA: Employment by Region

REGION % ACCEPTED MEAN MEDIAN
North America 91.80% $122,652 $125,000
Mid-Atlantic 16.00% $110,516 $105,000
Midwest 10.20% $135,311 $140,000
Northeast 28.30% $134,220 $140,000
South 3.70% $110,393 $120,000
Southwest 5.30% $117,250 $119,000
West 28.30% $128,224 $130,000
Asia 5.90% $96,600 $105,000
Europe 0.50% N/A N/A
Latin America and the Caribbean 1.10% N/A N/A
Oceania 0.50% N/A N/A

CMU Tepper School of Business: Major Employers

  • Alix Partners
  • A.T. Kearney
  • Deloitte
  • McKinsey & Company
  • PricewaterhouseCoopers
  •  Capital One
  •  Deutsche Bank
  •  Merck & Co.
  •  Strategic Advisors
  •  Amazon
  • Hewlett-Packard Inc.
  • Microsoft Corp.
  • VMware
  • Google
  • Hewlett-Packard Inc.
  • Target
  • Wayfair

CMU 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)

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