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Tepper School of Business - Ranking, Courses, Fees, Acceptance Rate
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Last updated on 26 Nov '25Carnegie Mellon University Business & Management StudiesWhat's new?
What’s New at Tepper School of Business 2025
The Round 1 applications for the Tepper School of Business MBA are closed for the Fall intake.
The remaining deadlines for the Tepper Full-time MBA and Online Hybrid MBA are mentioned below:
- The round 2 application deadline for Carnegie Mellon MBA is Jan 8, 2026.
- The round 3 application deadline for Carnegie Mellon MBA is Mar 3, 2026.
The early decision deadlines for undergraduate programs at the Tepper School of Business are closed for 2025.
- The Regular Decision deadline for Tepper School of Business UG programs is Jan 5, 2026
- About Tepper School of Business
- Tepper School of Business Courses and Fees 2025
- Carnegie Mellon University Business & Management Studies Popular Courses
- Carnegie Mellon University Business & Management Studies Popular Programs
- Tepper School of Business Rankings 2025
- Tepper School of Business Admission dates 2025
- Tepper School of Business Admission Requirements 2025
- Tepper School of Business Placements 2025
- Tepper School of Business or Haas Berkeley: Which is better?
- Tepper School of Business Campus Life
- Tepper School of Business Notable Alumni
- Carnegie Mellon University Business & Management Studies Students reviews
About Tepper School of Business
Established in 1949, Tepper School of Business is Business School of Carnegie Mellon University which is private university in Pittsburgh, Pennsylvania.
Carnegie Mellon B-School is accredited by AACSB. School’s approach to Business is called “The Intelligent Future” and is based on data, technology and Human intelligence. Tepper School of Business MBA students to faculty ratio stands at 8:1. Full-time MBA program offered by Tepper School of Business is ranked #19 in USA by US World and News rankings 2026. Tepper School of Business acceptance rate is 19% - 20%. According to official website of Carnegie Mellon School of Business, Class of 2026 represents 25 countries including India.
According to Tepper School of Business report 2024, 81.4% of the MBA graduates received a job offer by 3 months. These graduates were placed at top companies like Amazon, Bain, Bank of America, Facebook, Google, HP, JP Morgan etc.
Things to Know about Tepper School of Business
Here are some more highlights for Carnegie Mellon School of Business:
|
Tepper School of Business |
Validation |
|---|---|
|
Acceptance Rate (General) |
19% - 20% |
|
Bloomberg Business Week Ranking (2025-26) |
#15 |
|
Known for |
Nobel prize winners, technology-infused Business and Management programs |
|
MBA Class Size (2026) |
156 |
|
Placement Rate |
81.4% |
|
Average Age (MBA Class 2026) |
29 years |
|
Average work experience (MBA Class 2026) |
6.3 years |
(USD 1 = INR 89.22)
This is what the Tepper School of Business MBA Class 2026 looks like:
|
Tepper MBA Class Profile (Class 2026) |
Data |
|---|---|
|
Women |
31% |
|
LBGTQIA+ |
11% |
|
Minorities |
52% |
|
International students |
39% |
History
Carnegie Mellon School of Business was founded as Graduate School of Industrial Administration in 1949 by William Larimer Mellon. The school received a record USD 55 million from its alumnus David Tepper in 2004, hence it was renamed as David A. Tepper School of Business.
Commonly asked questions On About Business & Management Studies
Tepper School of Management acceptance rate is 19% - 20% which makes it ambitious school to get into.
Student can get admission to this B-School by fulfilling below mentioned requirements:
Tepper School of Business MBA Requirements as International student:
· 4 years Bachelor's Degree
· Scanned copies of all Academic Records
· English language proficiency
· LORs
· 5 years work experience
· Video essay
· CV
· Standardized entrance test scores
(USD 1 = INR 89.22)
To apply for Tepper school of Business School, there is no minimum GMAT score mentioned, however, below is the data of Tepper MBA Class 2026, according to which the students who received the offer letter from this B-School has an average GMAT score of 697 along with other Tepper MBA application requirements.
Tepper School of Business Academics (MBA Class 2026) | Data |
|---|---|
GPA (On a scale of 4.0) | 3.26 |
GMAT | 697 |
GRE | 323 |
Undergraduate Majors | Business/Commerce (22%), Engineering (32%), Math/Physical Science (9%), Science (23%), Economics (9%), Social Sciences (5%), Humanities/Arts (5%), Other (7%) |
Tepper School of Business is the B-School of Carnegie Mellon University which is a well renowned and among the best universities around the world. The MBA from Tepper has an analytics focused curriculum which is also STEM certified, by the help of this Management degree, the students can stay in the US for upto three years under OPT.
Tepper School of Business Courses and Fees 2025
The school offers programs at Undergraduate, graduate, PhD levels. 4 year undergraduate degree in Business administration is offered by school in which the students can choose from various concentrations such as Accounting, Business Analytics, Business Technology, Entrepreneurship, Finance, etc.
MBA programs are offered Full-time and Hybrid online. These programs are STEM-Certified which allows an international student to work in US for minimum 3-years under OPT. Students have option to choose from various MBA concentrations which are 13 with 5 MBA tracks.
Below-mentioned degrees are under Tepper School of Business:
- Undergraduate Courses
- MBA
- MSBA
- MSPM
- PhD
Below mentioned are some concentrations available for mentioned courses:
- Accounting
- Business Technologies
- Economics
- Entrepreneurship
- Finance
- Marketing
- Operations Management
- Sustainability
Tepper School of Business Fees 2025
Tuition fee varies at Tepper School of Business for different programs. Carnegie Mellon MBA Tuition Fee for 1st year is USD 81,340 (INR 72.57 L). Duration of full-time MBA at Carnegie Mellon University is 2 years. Tepper MBA non-refundable application fee at this B-School is USD 200 (INR 17.8 K).
Cost of Living
Mentioned below is the cost of living at Tepper School of Business per year-
|
Tepper Living expenses |
Amount |
|---|---|
|
Housing |
USD 10,260 (INR 9.15 L) |
|
Food |
USD 5,130 (INR 4.57 L) |
|
Books & Supplies |
USD 1,450 (INR 1.29 L) |
|
Personal Expenses |
USD 9,500 (INR 8.47 L) |
|
Transportation Fee |
USD 256 (INR 22.8 K) |
|
Health Insurance (Estimate) |
USD 3,258 (INR 2.90 L) |
(USD 1 = INR 89.22)
Read More: Tepper School of Business UG Courses
| Courses | 1st Year Tuition Fees | Duration & Eligibility |
|---|---|---|
MS(22 courses) | INR 23 L - 83 LGet Fee Details | Duration: 9 months-4 years Exam Accepted: IELTS: 6.5 - 7, TOEFL: 84 - 96, PTE, Duolingo: 105 - 130, GMAT, GRE |
MBA/PGDM(18 courses) | INR 23 L - 83 LGet Fee Details | Duration: 9 months-4 years Exam Accepted: IELTS: 6.5 - 7, TOEFL: 84 & Above, PTE, Duolingo: 105 - 120, GMAT, GRE |
BBA(9 courses) | INR 57 L - 59 LGet Fee Details | Duration: 4 years Exam Accepted: IELTS: 7.5 & Above, TOEFL: 102 & Above, PTE, Duolingo: 135 & Above, SAT |
Commonly asked questions On Fees and Eligibility
The school offers programs at Undergraduate, graduate, PhD, and masters' levels. A traditional four-year undergraduate degree in Business administration is offered by the school in which the students can choose from various concentrations such as Accounting, Business Analytics, Business Technology, Entrepreneurship, and Finance etc.
Below mentioned degrees are provided under Tepper School of Business:
· Undergraduate Courses
· MBA
· MSBA
· MSPM
· PhD
Below mentioned are concentrations available for mentioned courses:
· Accounting
· Economics
· Entrepreneurship
· Finance
· Marketing
The course fee varies at Tepper School of Business for different programs. The Carnegie Mellon MBA Tuition is for the first academic year excluding the living expenses. The fee has to be paid –semester-wise. The duration of Full-time MBA at Carnegie Mellon University is 2 years.
The Tepper MBA application fee at this B-School is USD 200 which is non-refundable in case of a rejection.
Tepper Living expenses | Amount |
|---|---|
Housing | USD 10,260 (INR 9.15 L) |
Food | USD 5,130 (INR 4.57 L) |
Books & Supplies | USD 1,450 (INR 1.29 L) |
Personal Expenses | USD 9,500 (INR 8.47 L) |
Transportation Fee | USD 256 (INR 22.8 K) |
Health Insurance (Estimate) | USD 3,258 (INR 2.90 L) |
(USD 1 = INR 89.22)
The course fee varies at Tepper School of Business for different programs. The Carnegie Mellon MBA Tuition is for the first academic year excluding the living expenses. The fee has to be paid –semester-wise. The duration of Full-time MBA at Carnegie Mellon University is 2 years.
The Tepper MBA application fee at this B-School is USD 200 (INR 17.8 K) which is non-refundable in case of a rejection.
Carnegie Mellon University Business & Management StudiesPopular Courses
1
Carnegie Mellon University Business & Management StudiesPopular Programs
4.2(4)9 months - 4 years4.3(9)9 months - 4 yearsTepper School of Business Rankings 2025
Tepper School of Business is considered one of best universities of the world and ranks #56 according to QS World University rankings 2025.
According to the rankings by Bloomberg Business Week 2025-26, full-time MBA of Tepper School of Business is ranked #15.
According to US World and News 2025, Tepper School of Business is ranked #18 in the world. Top MBA has ranked the Tepper full-time MBA #46 in 2026.
Below are some rankings given by top ranking bodies in the world for Tepper School of Business:
|
Ranking Bodies |
Rankings |
|---|---|
| Shiksha Popularity Ranking in USA | #11 |
| US New Ranking 2025 | #18 |
| THE Ranking 2025 | #26 |
| Shiksha Popularity Ranking Globally 2025 | #51 |
| QS Ranking 2025 | #56 |
Commonly asked questions On Rankings
The Tepper School of Business is B-School under the umbrella of Carnegie Mellon University which is considered one of the best universities of the world and ranks #58 according to QS World University rankings 2025.
No, Carnegie Mellon is not an Ivy, but its schools such as Tepper Business School is ranked highly in the list of the best business schools of the world.
According to the rankings released by Bloomberg Business Week 2024-25, the full-time MBA of Tepper School of Business is ranked #9.
Tepper School of Business Admission dates 2025
The Business and Management courses at Tepper School of Business have a rounds system for admissions.
Here are Carnegie Mellon MBA admission deadlines for 2026:
|
Tepper MBA Rounds |
Application Deadline |
|---|---|
|
Round 1 (Fall 2026) |
Sep 30, 2025 (Closed) |
|
Round 2 |
Jan 8, 2026 |
|
Round 3 |
Mar 3, 2026 |
|
Round 4 |
May 5, 2026 |
The early decision deadlines for undergraduate programs at the Tepper School of Business are Nov 3, 2025 (closed).
The Regular Decision deadline for Tepper School of Business UG programs is Jan 5, 2026.
Tepper School of Business Admission Requirements 2025
Tepper School of Business acceptance rate is 19% - 20% meaning out of every 100 applications, only 19 to 20 students get an offer letter which makes it ambitious school to get into.
Student can get admission to this B-School by fulfilling the below-mentioned requirements:
Tepper School of Business MBA Requirements as an International Student:
- 4 years Bachelor’s Degree
- Scanned copies of all Academic Records
- English language proficiency (IELTS/TOEFL)
- LORs
- 5 years work experience
- Video essay
- CV
- Standardized entrance test scores (GMAT/GRE)
Below are average scores for exams Carnegie Mellon MBA 2026 class:
|
Tepper School of Business Academics (MBA Class 2026) |
Data |
|---|---|
|
GPA (On a scale of 4.0) |
3.26 |
|
GMAT |
697 |
|
GRE |
323 |
|
Undergraduate Majors |
Business (22%), Engineering (32%), Math (9%), Economics (9%) |
Tepper School of Business Admission Process 2026:
Step 1-Choose a program: International students have to choose a program among various Undergraduate, graduate, and certificate programs and eligibility criteria.
Step 2- Fill out application form on official website of College
Step 3-Pay application fee: Students must pay the application fee of USD 200 (INR 17.8 K) for MBA program.
Step 4-Wait for a response and attend interview
(USD 1 = INR 89.22)
Commonly asked questions On Admission Requirements
Student can get admission to this B-School by fulfilling the below mentioned requirements:
Tepper School of Business MBA Requirements as International student:
4 years Bachelor's Degree
Academic Records
English language proficiency
LORs
Work experience of 5 years.
Video essay
CV
Standardized entrance test scores
Tepper School of Business Admission Process 2025:
Choose a program: International students have to choose a programme among various Under graduate, MBA, and certificate programs and the eligibility criteria.
Fill out the application form on the official website of the College
Pay application fee: Students must pay the application fee of USD 200 (INR 17.8 K) for the MBA program.
Wait for a response
(USD 1 = INR 89.22)
Yes, GMAT is required as part of the Tepper MBA admission process.
The below mentioned are the average scores for the exams Tepper MBA 2026 class had:
Tepper School of Business Academics (MBA Class 2026) | Data |
|---|---|
GPA (On a scale of 4.0) | 3.26 |
GMAT | 697 |
GRE | 323 |
Tepper School of Business Placements 2025
According to Tepper School of Business report 2024, 81.4% MBA graduates received job offer by 3 months, post-graduation with average mean base salary of USD 151,215 (INR 1.34 Cr) and average signing bonus of USD 30,000 (INR 26.74 L).
These graduates were placed at the top companies like Amazon, Bain, Facebook, Google, HP, JP Morgan etc.
Top industries Carnegie Mellon MBA graduates got placements are Consulting, Consumer Packaged Goods and Financial Services, with Consulting industry offering highest average package of USD 192,000 (INR 1.71 Cr).
Here are the highlights of placements of the Carnegie Mellon MBA graduates class of 2023:
|
Carnegie Mellon MBA graduates (2024) |
Data (2024) |
|---|---|
|
Average Mean base salary |
USD 151,215 (INR 1.34 Cr) |
|
Average signing bonus |
USD 30,000 (INR 26.74 L) |
|
Top Employers |
Amazon, Facebook, Google, HP, JP Morgan |
|
Average work experience |
6.3 years |
Table below shows professional functions Tepper MBA graduates secured placements at:
|
Industries |
Tepper School of Business Placement (Class 2024) |
Average Mean Base Salary |
|---|---|---|
|
Consulting |
30.9% |
USD 165,134 (INR 1.47 Cr) |
|
Finance/Accounting |
21.3% |
USD 144,941 (INR 1.29 Cr) |
|
General Management |
11.8% |
USD 140,853 (INR 1.25 Cr) |
|
Marketing/Sales |
19.1% |
USD 145,873 (INR 1.30 Cr) |
|
Information Technology |
4.4% |
USD 164,520 (INR 1.46 Cr) |
|
Operations/Logistics |
10.3% |
USD 129,860 (INR 1.15 Cr) |
(USD 1 = INR 89.22)
Commonly asked questions On Placements
According to the Tepper School of Business report 2024, 81.4% of the MBA graduates received job offer by 3 months, post-graduation with an average mean base salary of USD 151,215 and an average signing bonus of USD 30,000.
These graduates were placed at the top companies like Amazon, Bain, Bank of America Merrill Lynch, Bristol-Myers Squibb, Cisco, Facebook, Google, HP, JP Morgan etc..
The top industries Carnegie Mellon MBA graduates got the placements are Consulting, Consumer Packaged Goods, and Financial Services, with Consulting industry offering the highest packages.
The top industries Carnegie Mellon (Tepper) MBA graduates got the placements are Consulting, Consumer Packaged Goods, and Financial Services, with Consulting industry offering the highest average packages USD 192,000.
Below table sheds more light on the professional functions Tepper MBA graduates secured placements at:
Industries | Tepper School of Business Placement (Class 2024) | Average Mean Base Salary |
|---|---|---|
Consulting | 30.9% | USD 165,134 (INR 1.47 Cr) |
Finance/Accounting | 21.3% | USD 144,941 (INR 1.29 Cr) |
General Management | 11.8% | USD 140,853 (INR 1.25 Cr) |
Marketing/Sales | 19.1% | USD 145,873 (INR 1.30 Cr) |
Information Technology | 4.4% | USD 164,520 (INR 1.46 Cr) |
Operations/Logistics | 10.3% | USD 129,860 (INR 1.15 Cr) |
Tepper School of Business or Haas Berkeley: Which is better?
Tepper School of Business is Business school of Carnegie Mellon University in Pittsburgh, Pennsylvania and Berkeley HAAS School of Management is in Silicon Valley, California. Both B-Schools have low acceptance rates, although if a student applies to Tepper School of Business, chances of getting admission increase as Tepper acceptance rate is higher than Berkeley Haas.
Berkeley Haas’ average starting salary is USD 158,000 (INR 1.40 Cr) which is higher than Tepper School of Business.
Table compares these two best Business schools in depth:
|
Criteria |
Tepper School of Business |
Berkeley HAAS |
|---|---|---|
|
Location |
Pittsburgh, Pennsylvania |
Bay Area, close to Silicon Valley |
|
Average Mean Base Salary (MBA 2024 graduates) |
USD 151,215 (INR 1.34 Cr) |
USD 158,000 (INR 1.40 Cr) |
|
Placement rate (Class 2024) |
81.4% |
86% |
|
Acceptance Rate (Typically) |
19 - 20% |
11.6% |
|
Tuition (MBA) |
USD 81,340 (INR 72.57 L) |
USD 89,033 (INR 73.2 L) |
|
Top Companies Hiring |
· Amazon · HP · JP Morgan |
· Adobe Systems Inc. · Amazon · Bain & Company · EY-Parthenon · Deloitte
|
|
Ranking (US World and News 2025) |
#18 |
#11 |
(USD 1 = INR 89.22)
Tepper School of Business Campus Life
Located in Pittsburgh, Pennsylvania, the students of Tepper School of Business enjoy location of school as it is situated within proximity to places such as great restaurants, clubs and pubs. The school is situated in Urban area in a 140-acre campus of its parent institution. Students also enjoy rich history of Pittsburgh, which is highly affordable, foodie-friendly and home to many theatres, first-rate museums and 90 unique neighborhoods.
The Tepper School of Business is located on CMU’s campus. Life of Tepper MBA students is vibrant and active as there are more than 40 clubs available the campus to choose from. The students can even start their clubs.
There are student-led global treks that allow these Tepper MBA students to immerse themselves in new cultures and gain first-hand insights in international business practices and emerging trends.
Accommodation
Tepper School of Business provides on-campus housing which is affordable, additionally near the campus, there are many off-campus options available, and the students can opt for apartments in Shadyside, Oakland, and Squirrel Hill. Shadyside is a 3-minute drive or 11-minute’ walk to the university.
Tepper School of Business Notable Alumni
With global alumni network of 17,500 in various countries, Carnegie Mellon School of Business is good choice for students around the world.
Tepper School of Business is well renowned for its Nobel prize winners including alumni Dale T Mortensen, Oliver Williamson, Edward Prescott, and Finn Kyland and faculty members including Herbert A. Simon, Franco Modigliano, Merton Miller, Robert Lucas, and Lars Peter Hanson.
Some of the most popular alumni are mentioned below:
|
Tepper School of Business Notable Alumni |
Professions of the Alumni |
Photos |
|---|---|---|
|
Ravi Jagannathan |
American Economist |
|
|
David Tepper |
Founder and President of Appaloosa Management |
|
|
Bennet Ifeakandu Omalu |
President and medical director of Bennet Omalu Pathology |
|
|
Nobuhiro Seki |
Japanese businessman and serial tech entrepreneur |
|
|
Alan B. Thomas Jr. |
Chief Operating Officer at IntelliBridge |
|
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Student Forum
Anything you would want to ask experts?Answered 2 months ago
Carnegie Mellon's international student strength makes up about 45% of the total student population. Also the Indian-origin students currently studying at CMU amount to 1,700+
The enrollment trends for international students over the last few years are given below:
Year | International Enrollment | Indian Enrollment |
|---|---|---|
Fall 2023 | 6,308 | 1,777 |
Fall 2022 | 6,701 | 1,947 |
Fall 2021 | 5,697 | 1,471 |
Fall 2020 | 3,951 | 1,080 |
Fall 2019 | 5,597 | 1,445 |
R
Contributor-Level 10
Answered 4 months ago
The top employers for Carnegie Mellon University graduates are:
Amazon | Apple | Meta |
Microsoft | NVIDIA | |
Tesla | - | - |
P
Contributor-Level 10
Answered 11 months ago
The Tepper School of Business is B-School under the umbrella of Carnegie Mellon University which is considered one of the best universities of the world and ranks #58 according to QS World University rankings 2025.
According to the rankings released by Bloomberg Business Week 2024-25, the full-time M
P
Contributor-Level 8
Answered a year ago
Over 14,500 students are available at Carnegie Mellon University currently. CMU University has received 33,707 applications among which 1,708 were enrolled for the fall of 2023-24. Mentioned below are the Carnegie Mellon University enrollment statistics for undergraduates:
Particulars | Stats 2022-2023 | Stats 2023-2024 |
|---|---|---|
Application Received | 34,261 | 33,707 |
Admitted Students | 3,873 | 3,843 |
Total Students Enrolled | 1,716 | 1,708 |
Yield Rate | 44.3% | 44.4% |
Acceptance Rate | 11.30% | 11.40% |
Contributor-Level 9
Answered a year ago
Carnegie Mellon University UG admission are moderatly competitive for international students because of its acceptance rate. The Carnegie Mellon University acceptance rate is around 11.40% for the class of 2023-24. Mentioned below are the Carnegie Mellon University enrollment statistics for undergra
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