Tepper MBA Program Overview
Duration: 21 Months
Format: Full-time
Mode of Delivery: On-site
Summer Internship
Ranked 16th MBA Program by US News & World Report
When are the Tepper MBA Application Deadlines?
Round 1: October 2, 2023
Round 2: January 8, 2024
Round 3: March 4, 2024
Round 4: May 6, 2024
Tepper MBA - Carnegie Mellon
About the Program and application Requirements
Tepper MBA Admission Process
Online Application
Interview
Final Decision
CMU Tepper MBA Application Requirements
Online Application
Current Resume
Two Essays (One written and one video)
One re applicant’s essay in case of reapplicants
One Professional Recommendation
Academic Transcripts
Official GMAT/GRE or EA Score or Approved Test Waiver
English Language Test Proficiency - IELTS/TOEFL (If applicable)
Application Fee of $200
Admission Interview
What is the Tepper CMU MBA ranking?
The CMU Tepper MBA FT rank on various parameters is as follows.
FT MBA Ranking -Rank in 2023: 49
Carnegie Mellon University's Tepper School of Business is ranked 23rd among the top business schools in the world. The school has seen an impressive increase in salary percentage by 136%, which is a remarkable achievement. The school has also performed well in terms of career services, as it ranks 9th in this category. Additionally, 95% of students are employed within three months of graduation. However, the school's environmental, social, and governance rank is 70, indicating that there is room for improvement in this area. The faculty at Tepper School of Business is highly educated, with 96% of faculty members holding doctorates. The school has a diverse student body, with 30% female students and 38% international students. Despite its relatively high rank, the school ranks 63rd in terms of value for money, indicating that the cost of attending may be a concern for some students. Nonetheless, the school's alumni speak highly of it, as evidenced by its alumni recommend rank of 23. Overall, the Tepper School of Business offers a strong academic program with excellent career opportunities for its graduates.
Tepper MBA Class Profile Class of 2024 & 2023
Students: 192
Women: 31%
International Citizens: 56%
US Minorities: 60%
US Underrepresented Minorities: 17%
LGBTQ: 8%
Veterans: 5%
Age
Average Age: 29 Years
Middle 80% Age Range: 25-34 Years
GPA
Average GPA: 3.33
Median GPA: 3.36
Middle 80% GPA Range: 2.84-3.82
GMAT
Average GMAT: 702
Median GMAT: 710
Middle 80% GMAT Range: 640-750
Work Experience
Average Work Experience: 5.8 Years
Median Work Experience: 5.2 Years
Middle 80% Range: 3.1 – 9.1
Less Than One Year: 1%
Countries Represented: 22
Argentina, Canada, Chile, China, India, Indonesia, Iran, Japan, Mexico, Nigeria, Pakistan, Panama, Peru, Singapore, S. Korea, Spain, Taiwan, Thailand, Turkey, United Kingdom, United States and Vietnam.
Academic Majors Represented
Engineering: 48%
Business/Commerce: 21%
Arts/Humanities: 4%
Social Sciences: 3%
Economics: 16%
Math/Physical Science: 6%
Other: 2%
Industries Represented
Technology/New Media: 24%
Financial Services: 16%
Consulting: 15%
Healthcare: 6%
Consumer Goods & Retail: 6%
Manufacturing: 5%
Government: 5%
Other: 22%
Class Profile - 2023
Total Students: 231
International Citizens: 34%
Women: 21%
Countries Represented: 29
Median Work Experience: 5.1 Years
Average GPA: 3.35
Average GMAT: 691
Academic Majors
Arts/Humanities: 6%
Business: 22%
Engineering: 33%
Humanities/Social Science: 6%
Mathematics/Physical Science: 2%
Other: 16%
Social Science: 16%
Tepper MBA Tuition, Scholarships and Courses
About tuition fee and scholarships
CMU Tepper Tuition
Tuition Fee for Full-time MBA Program is $72,800.
For Fall 2022 and Spring 2023, attending this university will incur various expenses, including , university fees, health insurance, room and board, books and supplies, and transportation. The total cost for both intakes is $15,967 in addition to tuition for the fall and $13,155 in addition to tuition for the spring. University fees are consistent for both semesters at $464. Health insurance is provided for Fall 2022 but not for Spring 2023, with the cost for the fall intake being $2,812. Room, board, and miscellaneous expenses are the same for both intakes at $10,705. Books and supplies cost $725 for both intakes, and transportation costs are also consistent at $1,261. Overall, students should take these expenses into consideration when budgeting for their education at this university.
There are various payment plans and benefits available for students at Tepper.
Tepper MBA Employment Report
Class of 2022
Class of 2022 Full Time MBA Graduates Placements
Graduates received an offer within 3 months of graduation: 97%
Student Assessment of Career Services Rank 8th by The Economist 2021
Alumni Assessment of Career Services Rank 9th by Financial Times 2022
Median Base Salary (Full-time MBA 2022 Graduates):$148,067
Employment by Function
Consulting: 40.60%
Internal: 0.80%
Management/Strategy: 39.80%
Financial Services: 14.10%
Asset Management: 2.30%
Corporate (Analysis/Treasury): 2.30%
Investment Bank: 7.00%
Other: 2.30%
General Management: 10.90%
General/LDPs: 6.20%
Project Management: 0.80%
Strategic Planning/Business Development: 3.90%
IS/IT: 0.80%
Management: 0.80%
Marketing: 21.90%
Brand (B2C): 1.60%
Product/Industrial (B2B): 18.00%
Research/Analytics: 1.60%
Sales: 0.80%
POM: 6.20%
Operations Management: 2.30%
Production Management: 0.80%
Purchasing: 0.80%
Supply Chain Management/Logistics: 2.30%
Other: 5.50%
Average Compensation by Function
Consulting: $163,954
Management/Strategy: $164,325
Financial Services: $147,056
Asset Management: $115,000
Corporate (Analysis/Treasury): $130,667
Investment Bank: $168,333
Other: $131,667
General Management: $134,821
General/LDPs: $128,375
Strategic Planning/Business Development: $144,300
Marketing: $136,086
Product/Industrial (B2B): $135,931
POM: $128,375
Operations Management: $128,667
Supply Chain Management/Logistics: $133,333
Other: $128,333
Employment by Industry
Biotechnology/health/pharmaceutical: 6.20%
Biotechnology: 0.80%
Medical Product/Devices: 1.60%
Medical Services: 1.60%
Pharmaceuticals: 2.30%
Consulting: 39.10%
Management/Strategy: 35.90%
Technology: 3.10%
Consumer Products: 3.10%
Energy/Petroleum/Utilities: 0.80%
Financial Services: 16.40%
Asset Management: 1.60%
Commercial Bank: 0.80%
Diversified Services: 1.60%
Insurance: 2.30%
Investment Bank: 7.00%
Private Equity/Venture Capital: 1.60%
Other: 1.60%
Manufacturing: 2.30%
Other: 2.30%
Media/Entertainment: 1.60%
Entertainment: 1.60%
Real Estate: 0.80%
Technology: 28.10%
Electronics: 0.80%
Hardware: 0.80%
Internet/E-Business: 14.80%
Software: 10.20%
Telecommunications: 0.80%
Other: 0.80%
Other: 1.60%
Retail/Merchandising: 0.80%
Other: 0.80%
Average Compensation by Industry
Biotechnology/Health/Pharmaceutical: $129,250
Pharmaceuticals: $119,000
Consulting: $164,612
Management/Strategy: $166,752
Technology: $140,000
Consumer Products: $120,000
Financial Services: $145,000
Insurance: $138,333
Investment Bank: $168,333
Manufacturing: $121,667
Other: $121,667
Technology: $140,426
Internet/E-Business: $140,540
Software: $139,631
Employment by Region
Mid-Atlantic: 18.20%
Midwest: 11.60%
Northeast: 33.10%
South: 4.10%
Southwest: 6.60%
West: 24.80%
International
Asia: 1.70%
Average Compensation by Region
Mid-Atlantic: $151,818
Midwest: $164,786
Northeast: $147,588
South: $130,880
Southwest: $139,625
West: $146,921
Who were the top employers at Tepper in 2022 placements ?
The Class of 2022 Full-time MBA graduates at Carnegie Mellon University's Tepper School of Business have secured employment with some of the top companies in the world. Among the top employers for Tepper graduates in 2022 are Amazon, Deloitte, Microsoft, PwC, Boston Consulting Group, McKinsey & Company, EY Parthenon, Bain & Company, Google, AlixPartners, Capital One Financial Corporation, Jefferies Group, and TATA Consultancy Services. These companies are leaders in their respective fields, spanning industries such as technology, consulting, finance, and more. This diverse range of employers highlights the versatility of the Tepper MBA program, which prepares graduates for success in a wide variety of industries and roles. These top-tier employers are a testament to the high-quality education and career preparation provided by the Tepper School of Business