News

Tepper ranks third internationally for recruitment

Degrees from the Tepper School of Business just became much more valuable. The third most valuable, to be exact - both in the country and in the world.

In their September 21 issue, The Wall Street Journal listed CMU's Tepper School third in both the national and international categories for business school rankings. The rankings measured "how appealing the schools are to recruiters - the buyers of MBA talent." Of all schools ranked, only the Tepper School and Mexico's Instituto Panamericano de Alta Direccion de Empresa (IPADE) placed in multiple categories.

The ranking comes almost two years after alumnus David Tepper donated $55 million to CMU?s former Graduate School of Industrial Administration (GSIA), renaming it the Tepper School of Business. It also comes after the Tepper School's MBA program shrank from 500 graduating students to 315, the Journal reported, to reduce class sizes and lessen the strain on the faculty.

"I can definitely tell a better quality of students actually entering the business school, which is kind of unusual," said Arish Gupta, president of CMU's Omega Psi chapter of the Alpha Kappa Psi coed business fraternity. "Being a business fraternity, you get to see which freshmen are really engaged ... and this freshman class is really engaged on campus. Just looking at their class, it?s developed really well."

Gupta commented on how the majority of the fraternity's seniors have been able to secure internships and positions at the nation?s top banking firms as a result of the Tepper School's worth in the industry. "With this improvement," he said, "it really pushes us ahead." In particular, Gupta singled out the school's Information Systems and Management and Information Systems (MISM) programs as being among the most successful.

Jason DiVenere, a recent graduate of the Tepper School and now a supply chain consultant for IBM in Washington, D.C., said that the number of CMU graduates who returned during the school?s recent Technical Opportunities Conference proved how highly IBM valued Tepper students.

"I know IBM had 10 people this year standing at our booth," said DiVenere, "and a lot of them were recent grads. So that speaks a lot about the percentage of new hires that they're hiring coming from CMU. They [IBM] probably hire a lot more students from CMU than other schools." IBM was only one of several large corporations recruiting at this past week?s Opportunities Conferences.

Kenneth B. Dunn, the Tepper School's dean and a professor of financial economics, could not be reached for comment. However, Gupta noted that this ranking put the Tepper School in a srong place in relation to other peer universities. "This makes us stronger as a whole," he said, "both in terms of our status as a business school and [in terms of] actual recruitment."