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Tepper School of Business

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VerifiedPublicEstd. 1949
Founded
1949
Type
Public
University Guide

About Tepper School of Business

Explore overview, courses, fees, admissions, campus life, scholarships and student accommodation guidance in one premium Admistay guide.

Tepper School of Business at Carnegie Mellon University is a pioneer in the field of analytics-based management science. The school has ranked consistently among the top 20 business schools in the USA and is globally renowned for its Swartz Center for Entrepreneurship. The programs offered at Tepper School of Business include undergraduate degrees in business and economics, Masters of Science degree in business analytics, computational finance, and product management. Currently, the school is home to around 650 students with international candidates constituting around 20% of the total population.

It is recognised worldwide for its STEM MBA program that incorporates the fundamentals of business with technology, engineering, and science. The program also offers an added advantage to international students. They can go for Optional Practical Training and apply for a 24-month extension post completion of OPT, which provides them with 36 months of temporary employment in the US. The school follows a competitive admission process with a 27% acceptance rate. While the school does not follow any rigid application checklist while selecting students, candidates applying to Tepper school of business maintain an average GPA of 3.32 (85%) and a GMAT score of 680 - 720.

Applicants also have to pay around 250 USD as an application fee while the tuition fee is around 70,000 USD. However, the school extends a very limited number of merit-based scholarships applicable towards tuition to international students. Candidates in need of financial aid, can also consider opting for Fulbright scholarship programs in India.

Tepper School of Business Rankings

  • Ranked #39 in Top MBA Schools as per LinkedIn rankings 2024
  • Ranked 16th in Best Business Schools according to the US News ranking agency for the year 2022
  • Ranked 7th in part-time MBA according to the US News ranking agency in the year 2021
  • Tepper School of Business ranked #37, as per QS Global MBA rankings 2021
  • The school ranked 9th in The Economist Full-time MBA 2021 ranking
  • Ranked #27 in Financial Times Global MBA Ranking 2021

Highlights

Type of University Private
Year of Establishment 1949
Campus Setting Urban
Total Enrollment 1,305
Full-time graduate employed at graduation 80.9%
Female:Male 30:70
QS Global MBA Ranking 37

Tepper School of Business Campus & Accommodation

Tepper School of Business shares campus with its parent institution Carnegie Mellon University. Students of Tepper can take part in the organizations and activities offered at Carnegie Mellon University Campus and connect with their fellow peers.

  • Spring Carnival is one of the most beloved traditions at Carnegie Mellon. With more than 100 events, it is also one of the largest.
  • There are also over 400 student-run campus organizations encompassing a broad spectrum of interests including but not limited to social, service, academic, recreational, athletic, cultural and governance.
  • Tepper School of Business campus offers housing facilities along with meal plans for undergraduate students.
  • A variety of housing options are available like traditional, suite-style and studio apartments. All residential halls offer amenities such as laundry, wireless internet connection etc.
  • Housing rates are around 13,000 USD per academic year. However, there is no graduate student housing at Carnegie Mellon. Prospective candidates can refer to resources provided by Housing Services for off-campus student housing in the US.

Tepper School of Business Programs

Tepper School of Business offers two undergraduate degree programs in business and economics, five master’s programs and one PhD program.

  • The undergraduate business program at Tepper School of Business is designed around four core courses in economics, computing course, mathematics and business. Apart from one, students will also have to pick a concentration course offered on study areas like entrepreneurship, finance, marketing management, accounting, etc.
  • The undergraduate program in business also includes a variety of projects, internships and leadership development programs which will allow students to apply the knowledge and skills learned in classrooms.
  • The Bachelor of Science in Economics and Bachelor of Arts in Economics program at Tepper School of Business has received the US Department of Education Designation.
  • These programs have now joined the ranks of other Economics Stem offerings - Bachelor of Science in economics and mathematical sciences, Bachelor of Science in economics and statistics. Students can also opt for a minor in economics offered by Tepper School of Business.
  • Masters Program offered at Tepper School of Business include MBA, Master of Science in business analytics, computational finance and product management, Master in integrated innovation for product and services.
  • MBA at Tepper School of Business is offered in three formats - full-time, part-time online hybrid and part-time flex.
  • The two part-time MBA programs are for 32 months whereas the Full-time MBA has a course duration of 21 months. Students who have enrolled on the full-time MBA program can take part in the summer internship.
  • The MBA program at Tepper Business School focuses on analytical decision making and leadership development which sets it apart from other schools. Students will have the option to choose from over 200 electives and 12 concentrations.
  • The Master of Integrated Innovation for Products and services degree is designed for the next generation of design thinkers, innovators and world-changers.

The doctoral program at Tepper School of Business offers eight focused fields of study. These include economics, marketing, financial economics, operations management, accounting, business technologies, operations research. Tepper School of Business also collaborates with other colleges under Carnegie Mellon University to offer joint PhD degrees.

Tepper School of Business Application Process

Tepper School of Business follows a holistic admission process while selecting students. Besides academic grades and curriculum rigor, the university will take into consideration non-academic interests, talent or potential, hobbies, community involvement. Leadership, motivation, passion and perseverance, community and volunteer service and other experiences are also considered when making admission decisions.

Where to apply: Common Application

Application Fee:

  • 75 USD (Undergraduate admission)
  • 200 USD (MBA Admission)

Documentation Requirement

  • Academic Transcripts
  • Two Academic letters of recommendation
  • Three Essays
  • Standardized test scores required to study in USA such as SAT or ACT
  • English Proficiency Scores which includes TOEFL or IELTS
  • Secondary School Counselor Evaluation
  • One professional letter of recommendation (For MBA applicants)
  • Current Resume
  • Official GMAT/GRE scores (for MBA applicants only)

Students applying for MBA programs may be invited for an interview with a member of the admissions team after submission of all the above application documents

Tepper School of Business Cost of Attendance

The following table gives the cost of attendance at Tepper School of Business:

Expenses Costs
Tuition 70,000
Additional Fees 906
Room and Board 11,582
Books and Supplies 680
Transportation 7,00
Personal Expenses 2,000
Medical Insurance 1,852

Also check: Cost of MBA in USA for Indian students

Tepper School of Business Scholarships & Financial Aid

The college offers a generous amount of financial aid to the students in the form of merit-based scholarships to afford their studies in the USA.

  • Tepper MBA Scholarship is given to all full-time and part-time MBA students at the time of admission on the basis of the overall strength of the admissions application.
  • The Tepper School Forté Scholarship helps support female candidates who have an exceptional academic record. These candidates are selected during the admission process.
  • The Tepper School of Business is a member of the Consortium for Graduate Study in Management (CGSM). The Tepper School Consortium Fellowship is a fellowship for the students to become a member of the consortium and get admitted to The Tepper School. These students will get full tuition, a merit-based fellowship that will cover their MBA tuition fee and other mandatory fees for the full 2 year time period.
  • Apart from these other types of scholarships, federal loans or private education loans are provided to the students. These financial aids vary from course to course.

Tepper School of Business Alumni Network

Tepper School of Business has a strong network of Alumni who stay connected with the school community in various ways. The alumni can attend webinars, be an admission ambassador or a recruiter. Alumni can also get involved with current students as their mentors and can provide counselling and career advice to the current students.

The school also offers resources such as cutting-edge research, skill development, career planning, and networking opportunities that alumni members can use for professional development.

Some of the distinguished alumni of the school are - Jim Bernier (Executive Vice President, Head of Derivative Products Group, PNC Bank), Michelle Crottier (Regulatory Affairs Finance Manager, Google), Bob DeAngelis (Executive Vice President, KeyBank).

Tepper School of Business Placements

As per the 2020 MBA Employment Report published by Tepper School of Business, around 89% of the class of 2020 received a job offer three months after graduation and 87% accepted their job offers. The class of 2020 also set a new record high for starting salaries with a median of 136,000 USD. This is 10,000 USD more than the previous year’s MBA graduate starting salary. Moreover, among those who accepted their job offers, around 91% received a signing bonus. The median signing bonus was 30,000 USD.

Job Function Salary in USD
Consulting 160,000
General Management 127,500
Information technology 130,000
Production and operations management 120,000
Finance 130,000
Marketing 135,000

The Master’s career centre at Tepper School of Business partners with over 200 recruiters globally to better improve internship and full-time employment opportunities for students. Some of the top recruiting partners are Accenture, Amazon, Apple, Altman Vilandrie & Company, Abbott Laboratories, American Express, Bank of America Merrill Lynch, Cognizant Technology Solutions, Capital One Financial Co., Facebook, Dell, Deloitte, Federal Reserve Bank of New York and so on.

Instead of keeping pace with current trends, Tepper School of Business believes in transforming the way organizations function through innovative ideas, creative solutions and approaches. Thus at Tepper, students will experience future-focused business education that is customized to today’s marketplace. At Tepper School of Business, students will also come across some of the highly qualified, intellectual and creative minds who are experts in their chosen field. From them, students will learn how to face challenges and lead with confidence.

FAQs

Q1. How can I apply at Tepper School of Business?

Ans. Students can apply through the Consortium Application Portal for graduate application and the Common Application portal for undergraduate application.

Q2. What are the English language proficiency requirements at Tepper School of Business?

Ans. Candidates must submit a TOEFL-iBT score of a minimum of 102 or above or an IELTS score of at least 7.5.

Q3. I was unable to appear for the GMAT exam. Can I still apply for an MBA at Tepper School of Business?

Ans. Taking into consideration the ongoing challenging situation due to the pandemic, Tepper School of Business has decided to grant a waiver on GMAT or GRE scores on a case to case basis. Candidates need to submit a test waiver application request while applying for admission.

Q4. What are the admission deadlines at Tepper School of Business?

Ans. Round 1 admission deadline for the MBA program at Tepper School of Business is on October 3, 2021; Round 2 is on January 5, 2022, and round 3 is on March 6, 2021.

Q5. Does Tepper School of Business offer internship opportunities?

Ans. Yes, Tepper School of Business offers summer internship opportunities for students enrolled on the full-time MBA program.

Courses & Fees

Compare courses in a cleaner, easier way

Explore tuition, duration, language, eligibility, and exam requirements without the clutter.

Courses

17

Fee from

₹48,41,420.04

Exams

IELTS · TOEFL

Showing 5 of 7 bachelors

Overview
Degree TypeBachelor
Duration4 years
Study ModeFull Time
LanguageEnglish
Fees
Tuition FeeINR 65.3 L/Yr
Native FeeUSD 69,702 /Yr
Estimated Total₹2118847
Fee trendTuition progression
Official Program Page
Admission Guide

Admission Process

Tepper School of Business admissions are extremely competitive as it recently admitted only 27.7% students out of the total applications received. The B-school of Carnegie Mellon University offers 2 UG programs , 4 masters degree programs and an MBA program in different disciplines. To get into Tepper School of Business graduate programs, an applicant must have a 3.57 GPA (90%) or above in bachelor’s along with a GMAT score ranging between 620-760. However, all graduate applicants are advised to check the class profile of the program they wish to apply to get an idea of admission standards. 

To be eligible for Tepper School of Business MBA, admission seeking students must have a GPA between 2.85-3.84 on 4.0 scale (82-97%) in bachelor’s along with a GMAT score between 650-750 or GRE score between 314-338. For MBA programs at Tepper, an application fee of 200 USD (16,633 INR). For the PG programs at Tepper School of Business international students are required to pay an application fee of 125 USD (10,396 INR). Prospective applicants may apply to Tepper School of Business admissions throughout the year in four different application rounds. The exact deadlines for admission varies for each graduate program.

Tepper School of Business Top Programs

Programs Test scores Annual Tuition Fees (USD) Application

Master of Business Administration

GMAT: 650-750 | GRE: 314-338

75,712

Apply Now

MS in Business Analytics

GMAT score of 640-750

72,252

Apply Now

MS in Product Management

GMAT score of 620-760

70,656

Apply Now

Master of Integrated Innovation for Products & Services

Optional


 

N.A

Apply Now

Learn more about Tepper School of Business before applying for admissions here!

Tepper School of Business Admission Deadlines

The undergraduate applications for Tepper School of Business are no longer available for the current academic year. Following are the application deadlines for Tepper School of Business undergraduate programs:

Timeline Decision Dates

Early Decision 1

November 1, 2023 

Early Decision 2

January 3, 2024

Regular Decision

January 3, 2024

Regular Decision for Schools of Drama and Music

December 1, 2023

Early Admission

January 3, 2024

Spring Transfer (except College of Fine Arts)*

October 15, 2023

Fall Transfer (except College of Fine Arts)

February 15, 2024

Following are the application deadlines for Tepper School of Business Master’s degree programs:

Rounds MBA MSBA MSM

Round 1

October 2, 2022

Oct. 29, 2023

November 5, 2023

Round 2

January 5, 2023

January 28, 2024

January 5, 2024

Round 3

March 12, 2023

March 24, 2024

March 31, 2024

Round 4

May 1,2023

May 12, 2024

May 19, 2024

Tepper School of Business Graduate Admissions

Tepper School of Business graduate programs include 4 Masters programs in the fields of business analytics,Product Management, Finance and much more. International applicants must apply as soon as possible to provide enough time for application evaluation and visa process.

Application Portal: Online Application 
Application Fees: 125 USD (10,396 INR)
Admission Requirements:

  • Official transcripts of your degree level
  • GPA or aggregate: 3.49 (89%)
  • Essays and Video essays
  • CV
  • One professional reference
  • Copy of passport
  • Test score:
    • GMAT - 620-750
    • GRE: 50th percentile or above
  • English proficiency test scores- 
  • TOEFL IBT - 102
  • IELTS - 7.0
tepper pg

Course-specific Admission Requirements for Tepper School of Business Graduate programs:

Programs Academic Qualifications Test scores Documents Checklist Work experience

MS in Business Analytics

3.26 GPA or 91% (average) in four-year undergraduate degree or equivalent

GMAT- 650-730

CV/Resume | Essays | LOR

Not required

MS in Product Management

4 year undergraduate degree or equivalent from an accredited institution in General mathematics including calculus and linear algebra, Basic statistical concepts and methods, Basic programming in any modern language

GMAT-690-740

CV/Resume | Essays | LOR

Not Required

Master of Integrated Innovation for Products & Services

Bachelor's degree in any discipline

Optional


 

CV/Resume | Essays | LOR

Not Required

Tepper School of Business MBA Programs

Tepper School of Business MBA is a 21 months full time MBA program that comprises a summer internship and receives application for September and May intakes. The analytical and leadership abilities you'll need to lead in a world where human intelligence unlocks the power of data and multidisciplinary cooperation fuels innovation are delivered by Tepper MBA programmes with a STEM designation.

Application Portal: MBA Application 
Application Fees: 200 USD (16,633 INR)
Admission Requirements:

  • Official transcripts of your degree level
  • GPA or aggregate: 2.85-3.84 on 4.0 scale (82-97%) 
  • One written essay and one video essay
  • One professional recommendation
  • Unofficial transcripts of all academic work
  • Current resume/CV
  • Personal statement
  • Test scores:
    • GMAT: 650-750
    • GRE: 314-338
  • English language proficiency score:
    • TOEFL IBT- 25 (each section)
    • IELTS- 7.0

Tepper MBA Application Deadlines 

Round Deadlines

1

October 2, 2023

2

January 8, 2024

3

March 4, 2024

4

May 6, 2024

Tepper School of Business Undergraduate Admissions

Tepper School of Business offers undergraduate degrees in Business and Economics. Applicants for the business school must possess the high school course requirements which should include 4 years of English, 4 years of Mathematics, 1 year Chemistry, 1 year Physics, 1 year of Biology, 2 years of Foreign language and 3 electives.

Application Portal:

  • Undergraduate Business- Common Application
  • Undergraduate Economics- Apply through Dietrich College

Application Fee: 75 USD (6,237 INR)
Application Requirements:

  • Official Transcripts of high school
  • Secondary school counselor evaluation
  • Academic letter of recommendation
  • Common Application essay
  • Carnegie Mellon University common application writing supplement (Three short-answer questions)
  • English language proficiency test:
    • TOEFL - 102
    • IELTS - 7.5

Tepper School of Business  Undergraduate Application Process

Tepper School of Business Admission Decisions

Students applying to undergraduate courses will get their admissions decision by the following dates:

Timeline Decision Dates

Early Decision 1

December 15, 2023

Early Decision 2

February 1, 2024

Regular Decision

April 1, 2024

Regular Decision for Schools of Drama and Music

April 1, 2024

Early Admission

April 1, 2024

Spring Transfer (except College of Fine Arts)*

December 15, 2024

Fall Transfer (except College of Fine Arts)

May 15, 2024

Students applying to masters courses will get their admissions decision by the following dates:

Rounds Decision Dates 

Round 1

Dec. 14, 2023

Round 2

March 14, 2024

Round 3

May 16, 2024

Round 4

June 20, 2024

Students applying to MBA courses will get their admissions decision by the following dates:

Rounds Decision Dates 

Round 1

December 6, 2023

Round 2

March 6, 2024

Round 3

May 8, 2024

Round 4

June 5, 2024

Tepper School of Business Selection Criteria

Candidates are not automatically accepted or rejected based on GPA or test results in a holistic assessment process. The admissions screening process considers all factors, including GPA, letters of recommendation, responses to the video essays, job experience, objectives and interests that are compatible with the MBA department, and pertinent test results and portfolios that have been submitted. In order to understand you, your interest in the topic, and your career objective better, the admission committee does not use lengthy Statements of Intent but rather a series of brief essays.

Tepper School of Business has a competitive admit rate of 27.7 which makes it a tough nut to crack. Applicants must present strong academic qualifications, professional abilities and competent test scores in order to be selected by the business school.

FAQs

Ques. Is Tepper a good MBA school?

Ans. Tepper School of Business is the business school of the renowned Carnegie Mellon University and it is ranked No. 16 in Best Business Schools in the world and No. 6 in Part-time MBA.

Ques. Is Tepper School of Business hard to get into?

Ans. Tepper School of Business admissions are extremely competitive with an acceptance rate of 27.7%. The average GPA of the current class of Tepper School of Business is 3.33.

Ques. What is the average GMAT for Tepper?

Ans. Students are required to sit for GMAT examination and secure an average score of 702 to get admission in Tepper School of Business

Ques. How can I get admission in Tepper School of Business ?

Ans. Tepper School of Business accepts application via its own portal and requires one professional letter of recommendation, Essays and Video essays, Resume, GRE/GMAT scores and English proficiency test scores

Ques. Does Tepper School of Business accept international students?

Ans. Yes, international students can make an application to Tepper School of Business. International students must submit minimum test scores of English proficiency tests like TOEFL, IELTS, etc.

Placements & Recruiters

Tepper School of Business Placement Details

Tepper School of Business in Pittsburgh, Pennsylvania, United States placement details include salary insights, top recruiters, and hiring trends to help students understand career outcomes and campus opportunities.

Students usually compare highest package, average package, and recruiter profile before applying. This section gives a compact overview of career outcomes and placement visibility in Pittsburgh, Pennsylvania, United States.

Recruiters
N/A
Salary Metrics
0/2
Placement Metric

Highest Package

N/A

Represents the top salary package reported in the available placement information.

Placement Metric

Average Package

N/A

Shows the typical package range students may expect based on the available average salary data.

Placement information is currently limited.

More salary or recruiter data may be updated later for this college.

Rankings over the years

Year-wise highlights from global and country rankings available for this university.

2022

Highlights
2022
  • Business: #14 in country
  • Top source: Financial Times
  • 1 ranked streams
  • Focus areas: Business
  • 2 ranking records in 2022

2023

Highlights
2023
  • Business: #11 in country
  • Top source: US News
  • 1 ranked streams
  • Focus areas: Business
  • 3 ranking records in 2023

2024

Highlights
2024
  • Business: #8 in country
  • Top source: Bloomberg
  • 1 ranked streams
  • Focus areas: Business
  • 4 ranking records in 2024

2025

Highlights
2025
  • Best overall country rank: #19
  • Overall: #19 in country
  • Top source: Financial Times
  • 2 ranked streams
  • Focus areas: Business, Overall
  • 2 ranking records in 2025

2026

Highlights
2026
  • Business: #19 in country
  • Top source: QS
  • 1 ranked streams
  • Focus areas: Business
  • 1 ranking record in 2026

Contact Information

4765 Forbes Ave, PA 15213

+1-412-268-5959