Tepper School of Business - Ranking, Courses, Fees, Acceptance Rate

Established in the year 1949, Tepper School of Business is the Business School of Carnegie Mellon University which is a private university in Pittsburgh, Pennsylvania. The school is situated in Urban area in a 140-acre (0.57 km²) campus of its parent institution.

NYC Carnegie Mellon School of Business was founded as the Graduate School of Industrial Administration (GSIA) 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 the David A. Tepper School of Business.

This B-School 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 Modigliani, Merton Miller, Robert Lucas, and Lars Peter Hanson.

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, Finance, etc. The MBA programs are offered for Full-time as well as Hybrid online, these programs are STEM-Certified which allows an international student to work in the US for a minimum of 3-years under OPT, additionally, the students have the option to choose from a wide range of MBA concentrations which are 13 with 5 MBA tracks.

Carnegie Mellon B-School: Tepper School of Business is accredited by the Association to Advance Collegiate Schools of Business (AACSB) which is a prestigious accreditation institution around the world. The School’s approach to Business is called “The Intelligent Future”, and it is based on data, technology, and Human intelligence. The Tepper School of Business MBA students to faculty ratio stands at 8:1, which means there is one faculty available for 8 students at the school.

The Full-time MBA program offered by Carnegie Mellon University under the Tepper School of Business is ranked #16, according to the US World and News rankings 2024.

According to the Tepper School of Business report 2024, 81.4% of the MBA graduates received a job offer by 3 months, post-graduation with an average mean base salary of USD 151,215 (INR 1.29 Cr) and an average signing bonus of USD 30,000 (INR 25.72 L).

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 the Consulting industry offering the highest average package of USD 192,000 (INR 1.64 Cr).

Things to Know about Tepper School of Business

With a global alumni network of 17,500 in many countries, Tepper School of Business remains a top choice for students around the world.

A typical Tepper School of Business acceptance rate is 19% to 20%, which means that out of every 100 applications only 19 to 20 students are rolled out an offer letter. Please note that this acceptance rate is based on the typical number of MBA applications and the students who are given admissions, it can fluctuate from year to year.

Here are some more highlights for NYU Carnegie Mellon School of Business:

(USD 1 = INR 85.75)

Focused on inclusion, Tepper School of Business is aimed to making the world a better place where everyone gets equal opportunities to learn and grow with their Business and Management programs.

This is what the Tepper School of Business MBA Class 2026 looks like:

According to the official website of Carnegie Mellon School of Business, the Class of 2026 represents 25 countries including India.

Below are the average scores for the exams the Carnegie Mellon MBA 2026 class had:

Business professionals from different fields all over the world are admitted to the Masters of Business Administration program offered by Tepper School of Business.

Below are the detailed Pre-MBA Industries details of the students enrolled at Carnegie Mellon for the MBA class 2026:

The table below sheds more light on the professional functions Tepper MBA graduates secured placements at:

The Business and Management courses at Tepper School of Business have a rounds system for admissions.

Here are Carnegie Mellon MBA admission deadlines for 2025:

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 2, 2025, the students will be notified by Apr 1, 2025.

Ranked among the best B-schools around the world, MBA programs ranked at #16 out of the best 124 business schools around the world by US News & World 2024. This B-School is quite popular among Business and Management enthusiasts around the world, which is why the Imperial College acceptance rate stays around 19% to 20% meaning out of every 100 applications, only 19 to 20 students are rolled out an offer letter which makes it an ambitious school to get into.

However, a student can get admission to this B-School by fulfilling the below-mentioned requirements:

Tepper School of Business MBA Requirements as an International Student:

• A four-year Bachelor’s Degree from an accredited university
• Scanned copies of all the Academic Records
• English language proficiency (IELTS/TOEFL/Duo lingo DET)
• An online application
• Letters of recommendation (Submit at least 2 with one being of current supervisor or manager)
• Average work experience (Class 2026) was 5 years.
• Video essay: Goals
• CV/Resume
• Supporting documentation
• Standardized entrance test scores (GMAT/GRE)
• Application fee of USD 200 (INR 17.1 K)

Tepper School of Business Admission Process 2025:

Step 1-Choose a program: International students have to choose a program among various Undergraduate, graduate, and certificate programs and the eligibility criteria.

Step 2- Fill out the application form on the official website of the College

Step 3-Pay application fee: Students must pay the application fee of USD 250 (INR 21.3 K) for the MBA program.

Step 4-Wait for a response and attend an interview

Step 5-Pay tuition fees of USD 7,200 (INR 6.16 L)

(USD 1 = INR 85.5)

Located in Pittsburgh, Pennsylvania, the students of Tepper School of Business enjoy the location of the school as it is situated within proximity to places such as great restaurants, clubs, and pubs. The Tepper school students say that it’s a very close-knit community with so many opportunities available.

The Tepper School of Business is located at the Tepper Quad which is centrally located on CMU’s campus. It is the place where the students can be found exchanging ideas, having discussions, and meeting different people.

The 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.

The students also enjoy the rich history of this city Pittsburgh, which is highly affordable, foodie-friendly, and home to many theatres, first-rate museums, and 90 unique neighborhoods. Pittsburgh is also nature-friendly, with more tree per square mile than any other U.S. city with more than 1,700 acres of city parks.

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.

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.