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Businessweek Ranks the Tepper Full-Time MBA #12 in the U.S.

In its 2018 ranking of full-time MBA programs, Businessweek placed the Tepper School at #12 out of 94 U.S. business schools, up from #14 in 2017. In its global ranking, Businessweek ranked Tepper at #13.

To complete this ranking, Businessweek surveyed MBA students graduating between Oct. 1, 2017, and Sept. 30, 2018; MBA alumni who graduated between Oct. 1, 2009, and Sept. 30, 2012; and nearly 3,700 companies that recruited MBA graduates in 2016 and 2017.

Each school received a score out of 100 along a new set of four indexes. Tepper placed at #19 for compensation, #13 for networking, #4 for learning, and #6 for entrepreneurship. —

U.S. News & World Report Gives Tepper High Marks

In its most recent rankings, U.S. News & World Report gave the Tepper School’s three MBA formats top-20 rankings. Its 2019 list of the Best Online MBA Programs places the Part-Time Online Hybrid MBA at #3. Indiana University’s Kelley School of Business and the University of North Carolina’s Kenan-Flagler Business School tied for the #1 spot.

The online MBA ranking retains the same top three schools as in last year’s rankings, in which the Tepper School tied at #2 with Kelley. All three schools earned higher scores over last year. Via data collected from the schools and from a peer reputation survey, U.S. News calculated scores along such criteria as student engagement and faculty credentials.

The 2020 Best Business Schools list includes Tepper’s Full-Time MBA at #17 and the Part-Time On-Campus MBA — recently revamped as the Part-Time Flex MBA — at #9.

This ranking also included MBA specialty areas, in which Tepper placed #2 for information systems and for production and operations, #7 for supply chain and logistics, and #13 for finance. These rankings are based on nominations from deans and directors at peer business schools. —

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Undergraduate Economics Introduces Bachelor’s Degree in Economics and Politics

Together with the Institute for Politics and Strategy, the Undergraduate Economics Program has launched a degree program in economics and politics, emphasizing a data-driven approach to understanding economic and political decision-making.

The program features a foundational and analytical economics curriculum, including courses in microeconomics and macroeconomics, econometrics, and data science. It also includes courses in political science and international relations offered by the Institute for Politics and Strategy.

As of this spring, the Bachelor of Science in Economics and Politics is offered as both a primary and an additional major. —

New Part-Time Flex MBA Incorporates Online Coursework for Pittsburgh-Area Students

The Tepper School has launched a new three-year, part-time MBA degree for Pittsburgh-area professionals. Designed to offer more flexibility than the former part-time on-campus option, the Part-Time Flex MBA provides local students access to the same online courses offered in the Part-Time Online Hybrid curriculum, as well as evening and weekend study on the Carnegie Mellon campus.

Like the online format, the Part-Time Flex MBA includes six weekends each year of intensive in-person classes combined with twice-weekly live class sessions taken online. In addition, students may choose to take elective courses offered on campus during the day or evening, as well as online, to supplement their core curriculum.

The new format was developed in response to feedback from current part-time students seeking more flexibility in their course schedules; the on-campus option required students to attend three hours of evening courses in person twice a week.

A unique element of the Part-Time Flex MBA is the “Tepper Roadmap,” a personalized professional development plan that takes students through a series of activities to build career and leadership skills and help students advance in their current careers.

The first cohort of Part-Time Flex MBA students begins its program this fall.

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Carnegie Mellon Alumni Awards Honor Four Business School Graduates

Carnegie Mellon University recognized 11 university alumni with Alumni Awards during Commencement Weekend for their professional accomplishments and university service. Four of the honorees were business school graduates, including — for a second year — the Founders Medal for Outstanding Service and Exceptional Achievement.

Created last year, the Founders Medal recognizes an alumnus who is uncommonly dedicated to the university and whose professional accomplishments are unparalleled. This year, the university recognized Tod Johnson (BSIM 1966, MSIA 1967). Johnson significantly increased the size and influence of The NPD Group, where he is now Executive Chairman. Johnson is frequently called upon as an expert in the field of marketing research. He is Vice Chair of the university’s Board of Trustees and recently pledged a $50 million endowment in support of scholarships. Johnson follows fellow Graduate School of Industrial Administration alumnus Jim Swartz (MSIA 1966) in receiving this honor.

Eric Butler (E 1981, MSIA 1986) received an Alumni Achievement Award in recognition of his leadership and impact as Executive Vice President and Chief Executive Officer of Union Pacific Railroad, from which he is now retired.

Two business school alumni were recognized with an Alumni Service Award, presented for volunteer service to the university and the alumni community. Bill James Jr. (BSIM 1978), Senior Vice President of Loop Capital Markets, is a volunteer partner to the Carnegie Mellon Advising Resource Center and led the establishment of the CMU Black Alumni Association Endowment Fund to support the group’s activities. He is also a member of the Andrew Carnegie Society Board. Paul Wellener IV (MSIA 1986), Vice Chair for the U.S. industrial products sector at Deloitte, led an initiative at Deloitte to support the Tepper Quad and name the Deloitte Foundation Innovation Hub.

During the Alumni Awards ceremony, graduating student Eleanor Taft Mueller (MBA 2019) was honored with a 2019 Student Engagement Award, which recognizes a graduating student for their contributions to the quality of life at CMU. —

Undergraduate Economics Seniors Earn University-Level Recognitions

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Two graduating seniors in the Undergraduate Economics Program were recognized by Carnegie Mellon University for their academic and leadership achievements.

Seth Henry, a senior economics major with minors in international relations and politics and in innovation and entrepreneurship, was selected as an Andrew Carnegie Society Scholar. University administrators honor 40 students each year as ACS Scholars for their academic excellence, leadership, and extracurricular involvement.

Jules Ross, a senior economics major with an additional major in international relations and policy, was initiated into the Phi Beta Kappa Society, a national academic honor society. Ross is one of 21 CMU seniors selected for early initiation. —

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International Association for Applied Econometrics Elects Robert Miller as Fellow

The International Association for Applied Econometrics, an academic association devoted to research and public education in the field of econometrics, has elected as a fellow Robert Miller, Richard M. Cyert and Morris DeGroot Professor of Economics and Strategy. Miller is the only Carnegie Mellon University researcher among the current roster of IAAE fellows.

In 2017, Miller was also elected as a fellow of the Econometric Society, an international society of economic researchers that publishes the research journals Econometrica, Quantitative Economics, and Theoretical Economics. —

Param Vir Singh Named a “Top 50 Undergraduate Professor” by Poets & Quants

Poets & Quants for Undergrads profiled Param Vir Singh, Carnegie Bosch Associate Professor of Business Technologies, as one of the 2018 Top 50 Undergraduate Professors.

The publication interviewed 50 professors at international and U.S. business schools about their experiences as an educator. “If my students can explain how technology can help shape businesses and society, then I’ve done my job as their professor,” he stated.

He highlighted the interdisciplinary strengths of the Tepper School and praised undergraduate students for their “unrestricted creativity.”


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Laurence Ales Becomes First Director of Undergraduate Research in Economics

Intended to serve as a resource for undergraduate students pursuing research opportunities, the Undergraduate Economics Program has developed the new role of Director of Undergraduate Research in Economics. Laurence Ales, Associate Professor of Economics, assumed the post this fall.

Research is an essential aspect of the economics curriculum, and this new position will support students in conducting research both in their coursework and for independent study. Ales will also help connect economics students with faculty who share their research interests, helping foster mentor relationships and providing opportunities for research assistantships. —