2010 mba full time viewbook
TRANSCRIPT
CarnegieMellon Universitywww.tepper.cmu.edu
full-timeMBAtepperschool of business
1
tBAOHONG SUN, CARNEGIE BOSCH PROFESSOR OF MARKETING tSPEAKER: CHRISTOPHER KUBASIK, PRESIDENT AND COO, LOCKHEED MARTIN
That phase in your life where you knowthat an MBA is key to getting where youwant to go. Over the years, we’ve heardstories from people all over the world. Accounts and events that have inspiredand amazed us.
“I hit a plateau and had to make a career switch if I was ever going to reachmy professional goals.”
“In my heart, I knew there was a set of fundamental business skills that I simplydidn’t possess ...but that I’d need if I was going to make it in business.”
Or our favorite: “I was terrified by what I did not know, and that’s when I knew I needed to do something brave.”
We get it. We really do.
We have had the privilege of educating thousands of Tepper MBAs, and everyone of their stories is different. This is aspecial place where special stories reside.
We are sharing some of their stories with you so that you can relate, compare and reflect on how you fit with the Tepper School community (and vice versa).
Everybody has one.A personal story about their “big step.”
As B-schools go, we are decidedly different from the typical MBA program. And we are unapologetic about it.
We are among the smallest because we believe exceptional community andteamwork must be inherent parts of the student experience. These prizedcharacteristics are best achieved wheneverybody in the school — from professorsto classmates to the receptionist in thelobby — knows your name.
We choose to teach in a way that is rigorous and analytical so that our graduates’ reputations for demonstratingcertainty in uncertain times is unmistakable.
Increasingly, there is no such thing as an honest-to-goodness precedent. We place a premium on knowing how tothink; and watching you go where you’ve never been and never thought you could.
BRAVEdo something
1 Introduction
3 Year One: Mastering the Fundamentals
7 Internships: Know-How for the Great Unknown
18 Year Two: Depth and Breadth for Your Career
23 Success: A Future of Your Own Making
38 Career: Your Career Advantage
44 Admissions: Ready to Make Your Mark?
46 Pittsburgh: Forget Everything You Think You Know
48 Tepper School Resources
1tB**RS HAPPY HOUR EVERY FRIDAY
Why we’re different ...and why it matters
Thinking, itself, is a powerful form of leadership. One reason corporate recruiters rate Tepper School MBAs sohighly is the undisputed intellectual advantage our graduates bring into theirjobs. We call this advantage “analytical decision-making.” Don’t make themistake of pigeonholing our program as“quant” or all about numbers. Instead,think of us — and our high regard foranalytics — as a place where you discoveryour potential to solve unstructuredproblems with powerful accuracy andstrategic ability.
You will have no fear of complexity. Youwill distinguish yourself by mastering aframework for assessing a situation withuncertain, complex and dynamic variablesand produce a solution that represents a better decision.
What does this advantage really mean?You will be a high-performer who fullyunderstands how to lead, negotiate and communicate with cutting-edge toolsthat enable you to utilize predictive modeling techniques that forecast and test decision-making outcomes.
This is what we do better thanany other B-school.
Best of all, these analytical tools willserve you throughout your lifetime. There is no “flavor of the month”coursework and program formats. Thereare no short-cuts to leadership. Thoseexecutives who make things happen arethe ones who possess confidence thatcomes from understanding the facts necessary to make smart decisions.
Go brain go.
The full-time Tepper MBA experience has three phases: Year One, SummerInternship and Year Two. The two-yearexperience builds upon the corefundamentals, providing an ever-expandingskill set for better decision-making andcareer leadership, as you continuethrough the program.
No experience is wasted. From the teampresentations in the classroom to socialevents, to the case competitions to the International Festival, your time at the Tepper School will be an unforgettableexperience that blends new learning with lifelong friendships.
Our program is structured as a three-part sequence:
> Mastering the Fundamentals (Year One – core coursework)
> Implementing Your Career Plan (summer internship)
> Depth and Breadth for Your Career (Year Two – elective coursework).
Our famous mini-semester system is the foundation around which your learning and career preparation revolve.The “mini” is a block of courses that lasts roughly seven and a half weeks, which is half the time normally provided at most B-schools. (It also provides twice the electives that you’ll find elsewhere.)Challenging and fast-paced? Absolutely,which is why Tepper MBAs are renownedfor making impressive transitions intotheir full-time jobs. A full schedule, withcompeting deadlines and priorities, makesfor an executive who knows how to take a leadership role.
tMARVIN GOODFRIEND, PROFESSOR OF ECONOMICS tTEAM DAY, CAMP GUYASUTA
In keeping with our tradition of innovation, the MBA faculty may revise the curriculum and course offerings at any time.
Financial Accounting
Probability andDecision-Making
Optimization andDecision-Making
ManagingOrganizations
Statistics andDecision-Making
ManagerialEconomics
Finance
InterpersonalCommunications
ManagerialPresentations
Managerial Accounting
The first year of the Tepper MBA program
is unlike other leading B-schools. Students
take a set of 14 core classes throughout the
first year. Better thinking comes from better
knowledge. Our job is to prepare you for
anything, and your long-term career
success ultimately will be determined by
your strategic thinking and decision-making.
Year Two provides the opportunity to
begin exploring electives and concentrations
— both in the Tepper School and across
the Carnegie Mellon University campus —
that will expose you to the industries
and functional areas relevant to specific
career choices.
We are committed to being a leader of
innovation, and our current curriculum
review is one example of how Tepper
MBAs stay ahead of business practice.
Learn more and join the discussion at:
www.tepper.cmu.edu/curriculumblog
www.te
pper.cmu.edu
2 3
Year OneMastering the fundamentals
FALLmini-semester 1
7.5 weeksmini-semester 2
7.5 weeks
MarketingManagement
Production OperationsManagement
Macroeconomics (or)Business Government
and Strategy
ELECTIVE
ELECTIVE
ELECTIVE
ELECTIVE
Optional/AdditionalELECTIVE
Optional/AdditionalELECTIVE
Business Law
SPRINGmini-semester 3
7.5 weeksmini-semester 4
7.5 weeks
5:1Our student-to-faculty ratio is one ofthe best in top-ranked B-schools.
54
tLAURIE WEINGART, CARNEGIE BOSCH PROFESSOR OF ORGANIZATIONAL BEHAVIOR AND THEORYtBRYAN ROUTLEDGE, ASSOCIATE PROFESSOR OF FINANCE tTREK TO CHINA AND THAILAND
There are no ivory towers at the TepperSchool. Professors will know you by name and bring our signature style ofteaching into the classroom. Lectures.Case studies. Cold-calling. Team projectsand group presentations. C-level guestspeakers. Faculty research. All of it is integrated into the classroom for alearning experience that is astransformational as it is invigorating.
Our claim to fame — one that has provenitself in these current economic times —is a focus on analytical decision-makingto business problems. Some call this approach “management science,” and today many credit the Tepper Schoolas the pioneer of evidence-based management.
We have a decades-long commitment to educating generations of graduates in a manner that provides exceptional analytical, strategic and problem-solvingskills. We are a humble community that shuns ego, competitiveness and arrogance...and yet, there is no otherbusiness school that can match the Tepper School’s educational model.
How will you solve a problem for which there is no precedent?
Do you know exactly what to do whenfaced with a decision that has layers of complexity?
Your skill set will need to stand the test of time. Unfortunately, these days, manyMBA graduates are emerging with aknowledge and skill base that has a shelflife of just several years. We find this both exasperating and unacceptable.
Soft programs produce soft leaders.
For students who are serious aboutgaining knowledge that will exceed that of their peers, we remain one of the fewoptions where the rigor and relevance of the B-school experience has provenitself in the form of prestigious academicrecognition, cutting-edge curriculum,integrated cross-campus collaboration and longstanding industry partnerships.
It has been said that imitation is thesincerest form of flattery. Today, someform of Carnegie Mellon’s originalacademic model is taught at every leading business school.
We concur with one of our Nobel laureates, the late Professor Herb Simon, who said, “The essence of leadership and management is making decisions in a state of uncertainty.”
You can expect the unexpected throughoutyour career. What differentiates us is thesame characteristic that will differentiateyou: original thinking that produces better decisions that impact organizationsand society.
Teaching at the frontier A manifesto on what sets us apart
www.tepper.cmu.edu/mbacurriculumwww.tepper.cmu.edu/mbaclubswww.tepper.cmu.edu/online-community
The Tepper School has one of the beststudent-to-faculty ratios of any top-tierbusiness school. With an impressive 5:1 student-to-professor ratio, you willknow your professors. There are no lecturehalls with hundreds of classmates...ourelective classes average 35 students perclass, and our core classes average 75 students per class.
Our reputation for knowledge discovery is renowned. There are seven Nobellaureates within the faculty legacy of theTepper School. No other business schoolin the world has surpassed this academicachievement, and it’s this commitment toexcellence in all aspects of our programthat differentiates us from our peers.
We’re Smaller So You’re Bigger
There are 30+ professional and
social clubs at the Tepper School,
and our small class size ensures
that all students have an
opportunity for involvement
and leadership positions that
include partnerships with
corporations, case competitions,
community involvement and
global study abroad.
Student clubs are an integral
part of student life at the Tepper
School — we want students
to take advantage of every
opportunity to network, travel
and gain exposure to their career
path while they are studying.
Students also organize Global
Treks to locations including India,
Japan, China, South America,
South Africa and the Middle East.
Each trek is organized into alumni
events, networking, corporate
site visits, lectures, cultural and
social events.
www.te
pper.cmu.edu
> 7The Tepper School of Business legacyincludes seven Nobel laureates.
6
tMICHAEL TRICK, ASSOCIATE DEAN, RESEARCH; PROFESSOR OF OPERATIONS RESEARCH tCOMMUNITY DAY
Your summer internship is a 10-week interview. Today’s hiring trend reflects apreference among companies to use theMBA internship as an evaluation forhiring full-time employees. Nearly halfour students receive full-time job offers at the end of their summer internships.
Internship interviews begin in early winter,as Mini 3 is underway, and opportunitiesvary by company and industry. If you areseeking a job in consulting, your internshipmay highlight market assessment andthought leadership projects that encompassimpact analysis models or channeloptimization recommendations. In theconsumer packaged goods industry,Tepper School MBA interns work onmarket entry plans, as well as consumerand trade promotional strategy initiativesthat require rapid turnaround.
Within the financial services industry, our students in banking and corporatetreasury areas design structured financevehicles and value international tradeobligations and performing/non-performingglobal loan portfolios.
Implementing your career plan
These excerpts from students’ resumeshighlight a few of the internship projectsthat Tepper MBAs have managed:
Merck & Co., Inc.Leveraged programming and financialmodeling skills to build a dynamic salesforecasting model to determine marketpotential for an adult rotavirus vaccine.Analyzed the sales, cash flows and risksassociated with potential solutions usingMonte Carlo simulations; presented results and recommendations to Merck’sFinance Executive Committee.
Deutsche BankTraded European bond futures anddeveloped global macro and relative-valuetrading strategies. Valued defaultedSoviet-era obligations, Paris Club debt andEastern European non-performing loanportfolios. Worked with U.S, power tradingdesk, and Calendar and Gas Basis Tradeswere executed based on my research andfundamental analysis.
Caterpillar Inc.Teamed with quarry and constructiontruck team to develop a model to analyzeprofitability and risks from possible globalstrategies; identified relationships among
various business factors such as marketshare, price and availability; and presentedthe model to high-level managers.Caterpillar Six Sigma Green Belt Trained.
Booz Allen HamiltonAnalyzed market and operational structuresof a construction product industry and itsdistribution channels. Designed nationally-deployed statistical surveys for marketsegmentation of various target customergroups. Analyzed the results andgenerated initial customer segmentationbased on trends.
Proctor & GambleDeveloped and executed marketing plansto defend against competitor productlaunches. Conducted session to forecastcompetitor moves using Response Modelingand AC Nielsen data. Analyzed results to determine next steps and forecastedlonger-term implications for product andcategory at large.
www.te
pper.cmu.edu
INT
ERN
SHIP
S
know-how for the great unknownThe world is moving.
And where will it take you? To places you’ve dreamed about?
To places you’ve never imagined?
At the Tepper School, you’ll find yourself on a unique journey
to the future — where the real world meets you and what
you’ve discovered.
The students on the following pages have completed Year
One of their journey and are currently summer interns. We’re
sure you’ll find a little of yourself in each of their stories.
(And we hope you’ll meet them someday.)
7
250Companies partner with the Tepper School as MBA recruiters.
9
PARKER HUMBERTmba/mshcpm ’11
HOMETOWN : Frederick, Maryland • UNDERGRAD : BS – Business Administration,University of Central Florida • PRE -MBA EMPLOYMENT: Senior Manager, CorporateStrategy and Market Development, Express Scripts, Inc. • MBA CONCENTRAT IONS :Strategy, Organizational Behavior • MBA IN T ERNSH I P : Summer Associate, Bain &Company • E T C E T ERA : I keep an actively managed “bucket list.” I’ve been fortunateenough to check off quite a few things, the first of which was to surf while the sunrises and the most recent to attend the Super Bowl.
BAINParker, it’s known that you have an entrepreneurial spirit. What was the riskiest venture you’ve ever undertaken?Proposing to my wife. That would be it.
Explain that?We’re sky divers. And when I proposed I arranged for a huge banner that said“Mandy, will you marry me?” displayedacross the landing site. She saw it on her way down.
She obviously said, “Yes.”How could she say “No”?
Have you always lived your life like this?Actually not. Because I’ve been going toschool and working since I was 12.
What kind of career did you pursue at 12?It’s a long story, but weaving baskets andselling them door to door. It was fascinatingto me that I was good at it. Also, being the oldest of nine kids, I became fairly adept at negotiation and mediation. For instance, determining which sibling was the rightful owner of a peanut butter and jelly sandwich.
It seems that if anybody was born for business, it was you.Probably true because I always neededmoney for school. And I knew I would needit for an MBA. As far back as high school, I always knew I’d need an MBA.
Why did you choose the Tepper School? I’ve always been an analytical person, and Tepper was truly a perfect fit. I knewTepper would give me a concrete analyticaltool kit instead of being all about casestudies like other B-schools.
Speaking of entrepreneurial spirit, tell usabout changemicrofund.comIt’s an online fund my two partners and I created when we were just out of college. It helps people in emerging markets, like the Dominican Republic, start businesses of their own.
Where did the funding come from?We found banks, individuals and businessesthat wanted to help. What sold them wasthe fact that this wasn’t a handout, it was a hand-up. It empowers people to createbusinesses of their own and to eventuallypay back the investment in their business.
Are you still sky diving?We do it every year for our anniversary. It’s our gift to each other.
Obviously it doesn’t frighten you.Frightening would be exchanging sweaters.
INTERVIEW WITH PARKER HUMBERT,
INTERN AND GOALIE FOR
BAIN & COMPANY IN BOSTON.
HE’S GOOD.JUMPStart
}8
LIBERTY MUTUAL
To her, the people were friendly, open,
and there was a true sense of community.
And, of course, there was the curriculum
and how it translated to what is
happening in the real world. She
emphasizes that analyzing data and
decision-making made infinite sense
compared to [“name another B-school
curriculum”].
Arti pulled together 14 organizations
to raise money for the Austin Children’s
Shelter. She’s worked with abused
children for a good part of her adult life.
She’s great at being a decent human
being . . .which is why she’s great for
the Tepper School.
Her dad’s an engineer. Her mom’s a
librarian. She’s an entrepreneur at heart.
And, next year, with that MBA in her
hand, the world just better get ready.
Really.
STARLONE STAR Barcelona 2004She watched the white sails glide
effortlessly across the Mediterranean.
And others bob gently up and down,
calmly wasting time in their moorings.
She was mesmerized, her thoughts
swaying back and forth between the
past and present. She drifted into a
sea of orange, watching her beloved
Longhorns crush Oklahoma, and lazily
drifted back to a fisherman proudly
displaying his catch of the day. Oh,
what it would be like to be out there.
Boston 2010On the way to her internship at Liberty
Mutual, she passed Boston Harbor.
Hey, there was water, and there were
boats. This time, sailing lessons were too
good to pass up. Just like her internship
in financial planning, investing and
evaluating risk.
The Tepper School became her first
choice from her very first visit.
The atmosphere was particularly
collaborative compared to [“name
another B-school”].
www.te
pper.cmu.edu
1110
ARTI MISTRYmba ’11
HOMETOWN : Houston, Texas • UNDERGRAD : BBA – Finance, University ofTexas at Austin • PRE -MBA EMPLOYMENT: Financial Planning Manager, Texas Instruments • MBA CONCENTRAT IONS : Finance, Strategy, Marketing,Entrepreneurship • MBA IN T ERNSH I P : Corporate Development ProgramSummer Associate, Liberty Mutual • E T C E T ERA : Learning how to sail while in Boston for the summer.
13
JUAN PABLO RUBIANO-GROOT mba ’11
HOMETOWN : Bogota, Colombia • UNDERGRAD : BS – Industrial Engineering, Universidad de Los Andes • MASTER ’ S : Master in Mathematical Engineering, Universidad Complutense de Madrid • PRE -MBA EMPLOYMENT: Structurer – Trader, BBVA Colombia, S.A.
• MBA CONCENTRAT IONS : Strategy, Organizational Behavior, International Business •MBA IN T ERNSH I P : Summer Associate, McKinsey and Company • E T C E T ERA : I’m a certified basic-level international chef.
McKinsey & Co.
He sprinkled the fish with lemon juice, and let it settle overnight. He added chopped onions, pepper and cilantro for a touch of Latin flavor.
The glorious ceviche is one of the favorite creations of derivatives expertJuan Pablo. Not that he hadn’t had formal training at cooking school in hisnative Colombia, and many are thankful for the lessons.
Then there was tennis. When he was five, his parents put a racket in hishand, and at the age of 12, he was ranked among the top 20 players inColombia. How could he have known at the time that his true talent layelsewhere? For instance, he earned his undergraduate degree in industrialengineering. He traveled to Spain where he got his master’s in applied math and, at the same time, interned at a bank. It was there where hebecame an expert in derivatives.
People talk about his sangria.
He went on to teach derivatives at Javeriana University in Bogota. However,Juan Pablo wanted to be more than just a trader. Thus, the Tepper School of Business.
He knew there were skills he did not have, but once he possessed them, the advantage of choosing a career direction would belong to him. He says money is not the focus of his decision, vis-á-vis a passion for what he would be doing.
Today, Juan Pablo loves his internship at McKinsey & Company, one of thelargest consulting companies in the world. It was a great chance to use his analytical skills, (thank you, Tepper School), and come up with solutionsto help make other companies more productive. The many dimensions offinance now reveal themselves.
Have you heard about his risotto?
GO AHEAD,bite offmore than you can chew.
12
14
I understand you just came back from South Africa.I met a friend from Ethiopia. She’s in the Peace Corps. We went to the World Cup. I was rooting for England.
England?My dad is English, how could I not?
So why did you want an MBA?I’m very ambitious.
Very few people would admit to that.I never thought the “A” word was a dirty word. To me, it means you really want to do something with your life.
Why the Tepper School?Wow, how much time do you have! What it did for me was get me to focus and to prioritize the work load. It taught me how to take a ton of data, synthesize it, analyze it, and make a better decision.
And how did you get your internship?A couple of things. I actually wear the company’s vintageclothing so I was into it. And by sheer tenacity. I followedup with them for about three weeks.
Reading your bio info, it’s surprising you chose business.You’ve got other impressive talents as well. You mean the female a cappella group. That was great.We competed at the national level. And back in the day, I co-starred in a community production of Arthur Miller’sThe Crucible. Whether I could make a living at it. . .
And you’re a wine expert.Sounds sort of snobby, doesn’t it? But my dad was a career Army guy and collected 400 bottles from all over the world. I became a certified sommelier.
You don’t do anything halfway...and you’re entirely likable.Thank you.
MODCLOTHHOMETOWN : Chicago, Illinois • UNDERGRAD : BA – International Relations, Boston University • PRE -MBA EMPLOYMENT:Program Coordinator, Conservations Campaigns, The Nature Conservatory • MBA CONCENTRAT IONS : Marketing,Organizational Behavior • MBA IN T ERNSH I P : Analytics Intern, ModCloth • E T C E T ERA : I write a blog aboutPennsylvania liquor policy, alcohol trends and wine and liquor ratings.
GILLIAN SOWRAYmba/msppm ’11
Army
www.te
pper.cmu.edu
15
BRAT
LOVES Green Day, loves Pearl Jam, the
Killers, and really loves The Offspring.
LOVES the U.S., not to mention Italy, France,
Sweden, Thailand and Singapore.
LOVES his native Turkey.. .a lot.
LOVES tennis, skiing, hoops and especially
solving puzzles. (The ones that come in pieces.)
LOVES the people at the Tepper School,
L’Oreal and Hershey.
LOVES international finance, diversity,
being curious and the way his MBA program
has helped him to know himself better.
LOVES all the packaged goods he’s ever
worked on.
That said, “kisses” to everybody.
www.te
pper.cmu.edu
FROMTurkeywith LOVE
HER
SHEY
1716
HOMETOWN : Izmir, Turkey • UNDERGRAD : BA – Economics, Sabanci University
• PRE -MBA EMPLOYMENT : Financial Controller, Consumer Products, L’Oreal – Turkey • MBA CONCENTRAT IONS : Finance, Strategy, Operations
• MBA IN T ERNSH I P : International Financial Planning Intern, The Hershey Company • E T C E T ERA : Always ready to strike up an in-depth conversation about beauty products, including all types of mascaras.
CIHAN UNALmba ’11
2 19
tROBERT DAMMON, ASSOCIATE DEAN, EDUCATION; PROFESSOR OF FINANCIAL ECONOMICStART BONI, JOHN R. THORNE CHAIR OF ENTREPRENEURSHIP; ASSOCIATE TEACHING PROFESSOR OF ENTREPRENEURSHIP tTEAM-BUILDING AT ORIENTATION
ConcentrationsMost students choose multiple concentrations as a way to gain exposureto disciplines and industries pertinent to their career path.
> Accounting
> Biotechnology
> Communications
> Economics
> Entrepreneurship
> Finance
> Information Systems
> International Business
> Marketing
> Operations Research
> Organizational Behavior
> Production/Operations
> Strategy
MBA TracksEach year, approximately 25 percent of students elect to pursue an MBA Track in their second year, which is anacademic option that organizes your elective coursework into a “deep dive” of cross-campus collaboration betweenthe Tepper School and other CarnegieMellon colleges.
> Entrepreneurship in Organizations
> Financial Engineering (in collaboration with the Carnegie Mellon Statistics Department, the Heinz College of Public Policy)
> Global Enterprise Management
> Investment Strategy
> Management of Innovation and Product Development (in collaboration with engineering and design faculty at the Carnegie Institute of Technology and the School of Fine Arts)
> Technology Leadership (in collaboration with the School of Computer Science)
Dual Degree Options> MBA/MS Computational Finance (MSCF)
> MBA/Software Engineering (MSE)
> MBA/Healthcare Policy andManagement (MSHCPM)
> MBA/Juris Doctorate (JD)
> MBA/Public Policy and Management(MSPPM)
> MBA/Civil and Environmental Engineering (MSCEE)
An advantage for students pursuing financialengineering The Tepper School offers a dual degree
that is a powerful option for students
studying finance and pursuing a career
in financial services. Our top-ranked
financial engineering program —
the Master of Science in Computational
Finance — is paired with the MBA
degree for a course sequence focused
on quantitative aspects of investment
banking, sales and trading and
portfolio management.
This dual degree requires one
additional semester of study beyond
the traditional Tepper MBA program.
The strength of the MBA/MSCF dual
degree is the caliber of faculty from
throughout the Carnegie Mellon
campus who oversee the curriculum
and work with students on various
aspects of career preparation. Likewise,
the MSCF program includes an
internship option, which is uncommon
within most financial engineering
programs. Internships provide an
excellent platform for students to
transition into full-time jobs.
Both recruiters and alumni have been
vocal advocates of the MBA/MSCF
degree. For those students who meet
the prerequisites, this option is an
ideal path to set yourself apart in
the marketplace. No other business
school offers a degree that combines
the coursework, internship and
career services support of a financial
engineering/MBA program.
www.te
pper.cmu.edu
Year Two blends real-world experience via capstone courses
with an impressive range of electives (more than 120) for your
career choices. With the foundation of a strong first year, you
now will be ready to leverage a high degree of flexibility in
Year Two for strategic decision-making across multiple business
functions or for organizational leadership.
In keeping with our tradition of innovation, the MBA faculty may revise the curriculum and course offerings at any time.
Year Two Depth and breadth for your career
18
ELECTIVE
Concentration, Track or Other Elective
Concentration, Track or Other Elective
Concentration, Track or Other Elective
Concentration, Track or Other Elective
Concentration, Track or Other Elective
Concentration, Track or Other Elective
Optional/AdditionalELECTIVE
Optional/AdditionalELECTIVE
ELECTIVE
FALLmini-semester 1
7.5 weeksmini-semester 2
7.5 weeks
ELECTIVE
Capstone
Concentration, Track or Other Elective
Concentration, Track or Other Elective
Capstone
Concentration, Track or Other Elective
Optional/AdditionalELECTIVE
Optional/AdditionalELECTIVE
Optional/AdditionalELECTIVE
ELECTIVE
SPRINGmini-semester 3
7.5 weeksmini-semester 4
7.5 weeks
80Percentage of students with concentrations inEntrepreneurship, Finance,Organizational Behavior,Production/Operations, and/or Strategy.
30Tepper SchoolMBAs compete in roughly 30 case competitionsannually.
Management and Strategy
>Bargaining, Reputation and Strategic Investment
>Biotechnology Industry Structure Strategy
>Competitive Strategy Project
>Consulting and Conflict Resolution
>Corporate Strategy and Renewable Advantage
>Corporate Transition
>Customer-Driven Strategies and Services
>Managing Intellectual Capital and Knowledge-Intensive Businesses
>Manufacturing Strategy
>Strategic Corporate Management
>Trade and Investment Strategy
Marketing
>Analytical Marketing Project
>Branding
>Business-to-Business Marketing
>Customer-Driven Strategies and Services
>Customer Management Using Probability Models
>High Technology Product Innovation
> Interactive Marketing Leveraging Technology
> Integrated Product Development Project
>Marketing Applications of Data Mining
>Marketing Communication and Buyer Behavior
>Marketing Project
>Marketing Research
>New Product Management
>Optimization for Interactive Marketing
>Pricing Strategy
Operations Research
>Operations Research Technologies for Consultants
>Operations Research Implementation
>Operations Research Project
>Operations Research Models for RoutingDistribution
>Sequencing and Scheduling
>Simulation Modeling for Production Systems
Organizational Behavior and Analysis
>Advanced Negotiations in Complex Environments
>Developing Star Performers
>Evidence-Based Management
>Groups and Teams in Organizations
> Interpersonal Negotiations
>Knowledge Management and Organizational Learning
>Managerial Decision-Making
>Managing Intellectual Capital and Knowledge-Intensive Businesses
>Organizational Change
>Organizational Power and Influence
Production/Operations Management
>Demand Management and Price Optimization
> JIT Manufacturing and Supply Chain Management
>Manufacturing Strategy
>Operations Management Project
>Quality Design and Analysis
> Simulation Modeling for Production Systems
>Sustainable Operations
Quantitative Analysis
>Business Forecasting with Time Series Models
>Business Networks
>Mining Data for Decision-Making
>Modeling for Management Science Application
>Optimization Methods in Finance
tCOMMENCEMENT SPEAKER: PAULA WAGNER, FOUNDER, CHESTNUT RIDGE PRODUCTIONStCHESTER SPATT, PAMELA R. AND KENNETH B. DUNN PROFESSOR OF FINANCE
www.te
pper.cmu.edu
MBA electives
Accounting
>Auditing and Financial Diagnostics
>Corporate Financial Reporting
>Financial Statements of the Banking Industry
>Fundamentals of Tax Planning
> International Accounting
>Strategic Cost Analysis
>Valuation and Financial Information
Communications
>Business Acting
>Business Acting II
>Consulting and Conflict Resolution
>Executive Communication Skills
>Presenting Competitively
>Writing for Managers and Executives
Economics
>Capitalism
>Engineering Economics of Electric Power Systems
>The Global Economy
>Money Banking and Financial Markets
>Monetary Policy in the U.S. and Abroad
>Risk Management and Analysis
> Sustainable Business: Energy and Environmental Policies
Entrepreneurship
>Biotechnology Industry, Structure, Strategy
>Commercialization of Technology
>Entrepreneurial Management
>Entrepreneurial Thought and Action
>Entrepreneurship Project
>Funding Early Stage Ventures
>Technology Commercialization Workshop
Finance
>Corporate Finance
>Corporate Restructuring
>Economic Issues in Financial Regulation
>Fixed Income Investments
>Futures and Swaps
> International Finance
> Investment Analysis
>Optimization Methods in Finance
>Options
>Studies in Corporate Finance
>Studies in Financial Engineering
>Taxation and Financial Strategy
>Theory and Policy of Modern Finance
>Trading on Behavioral Finance
>Venture Capital and Private Equity
Information Networking and Systems
>Computer Networking
>Human Computer Interaction
> Information Resources Management
> Information Security and Privacy
> Information Systems Development
> Information Technology Management
> Introduction to Human Computer Interaction for Technology Executives
>Management of Software Development
>Strategic Uses of Information Technology
>Systems Architecture for Managers
>Telecommunications for Business
>Web Application Development
International Management
>Capitalism
>The Global Economy
> International Accounting
> International Finance
> International Management in Europe
> International Management in TransitionalEconomies
>Law of International Trade
Legal and Political Environment
>Ethical Issues in Business
>Legal Aspects of Mergers and Acquisitions
>Real Estate Strategies – Legal Environment
2120
120Tepper MBAs have nearly twice theoptions for taking elective classescompared to other leading B-schools.
SUC
CES
S
Intriguing accounts of Navy SEALs, Internet whizzes,
marketing geniuses, real estate moguls, sneaker
designers, green engineers and more. And all of them
Tepper School alumni.
See exactly what an analytical approach to an
MBA can do for you. Make a difference in a complex,
ever-changing, competitive world.
a future ofyour own making
www.te
pper.cmu.edu
2322
Student clubs
Professional
>Alpha Club
>Biopharma Business Club
>Business and Technology Club
>Consulting Club
>Energy Club
>Entrepreneurship and Venture Capital Club
>Graduate Finance Association
>Marketing Club
>Operations Management Club
>Quantitative Finance Club
>Real Estate Club
>Student Consulting International Organization
Educational
>Asian Business Association
>Black Business Association
>Graduate Business Association
>Latin American Business Club
>Net Impact
>Organizational Leadership Club
>Out@Tepper
>Public Speaking Club
>South Asian Business Association
>Tepper Women in Business
Social
>Endurance Club
>Golf Club
>Military Veterans Association
>Poker Club
>Robber Barons
>Soccer Club
>Tepper Christian Fellowship
>Tepper Partners Club
>Volleyball Club
>Wine Club
tSUNDER KEKRE, BOSCH PROFESSOR OF OPERATIONS MANAGEMENT
30+Our small size and a large offering of student clubs gives Tepper MBAsmany opportunities for leadership.
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PErF
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FITN
ESS
Thus began the entrepreneurial career of Alden Mills, an amazinghuman being.
Alden delayed his business career for ten years, first graduating fromAnnapolis, and then serving his country as a Navy SEAL. That’s right, a Navy SEAL. But the idea of startinghis own business always had a place in the corner of his mind. As did getting an MBA.
For Alden, a Tepper MBA was a perfectfit. As a Navy SEAL, the code wordswere “orientate, observe, decide, act.”At the Tepper School, it was “analyze,decide, act.” He liked the size, smallwith lots of one-on-one time with professors. And since he was behindmost business “civilians,” he feltthese attributes would definitely helphim leapfrog to his rightful place in the real world.
The result can be seen on TV, in newspapers and on the Internet. He now owns a company worthy of a Navy SEAL – Perfect Fitness. And to look at him you know he uses his own products: Perfect Push-Up, Perfect Pull-Up. Something “perfect”for every muscle in the body.
As Alden puts it, “This is not bull (a Navy expression). At the risk of totally buttering up the TepperSchool, I use just about everything I learned, from supply chainoptimization to people skills to crafting marketing messages.”
MORAL OF THE STORY: YOU
CAN SUCCESSFULLY SELL CRABS
WITHOUT AN MBA. WITH IT,
THE WORLD IS YOUR OYSTER.
(PUN INTENDED).
AT A HOTEL, SOMEWHERE
NEAR THE WATER IN
MASSACHUSETTS, A BOY
APPROACHES A GUEST.. .{
&BrAWNBrAINS
“Excuse me sir, do you like crabs?”
“Excuse me?”
“Blue crabs?”
“I do.”
“I can get you as many as you like.”
“Really? Well, how about six?”
“Meet you back here in an hour.”
25
ALDEN MILLSmsia ’00
HOMETOWN : Southbridge, Massachusetts • UNDERGRAD : BS/BA, Naval Academy
• PRE -MBA EMPLOYMENT: Executive Officer – SEAL Team TWO • MBA CONCENTRAT IONS :
Entrepreneurship, Operations, Marketing • MBA IN T ERNSH I P : MBA Intern, First Aid Kits, Johnson & Johnson • POST-MBA : CEO and Co-Founder, Perfect Fitness • E T C E T ERA :
Push-ups were my absolute weakest exercise in SEAL training.
EXdaredevil
MONICA ROBINSONmba ’03
MICROSOFT
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HOMETOWN : Pittsburgh, Pennsylvania • UNDERGRAD : BA – Chemistry and Business, Carnegie Mellon University • PRE -MBA EMPLOYMENT: Solution Specialist and System Administrator, TIGG Corp. • MBA CONCENTRAT IONS : Marketing, Strategy, International Management • MBA IN T ERNSH I P : Marketing Intern, Johnson and Johnson
• POST-MBA : Senior Product Manager Marketing, Microsoft Corporation • E T C E T ERA :
Met my husband at the Tepper School!
27
Don’t ask me what my top speed was. But I do remember it felt spectacular. My passion for skiracing subsided as soon as it dawned on me that I could kill myself. It took a very long time for that to dawn on me.
My undergrad degree is in chemistry and business.A double-dipper. But after not too much thought, I decided that lab rats don’t have fun.
My husband and I are both in Seattle now, mewith Microsoft and he at Vulcan real EstateDevelopment. That worked out. Thank you, Tepper.
What’s unique here is an analytical approach to solving problems. It makes infinite sense whenyou think about it because it leads to betterdecisions. I learned to prioritize, so I could handle a pretty intense workload. I became acutely adept at writing marketing plans. Speaking ofwhich, I wrote the marketing plan that helpedlaunch “Office 2010” for mid-markets and small businesses. Yeah, I was proud of that.
The advice I’d give to people coming to Tepper is to balance your workload and have a life. There are so many interesting people and so much to do in Pittsburgh. Don’t bury yourself.You’ll truly be missing out.
When we were dating, my husband, John, tried to impress me by skiing a half pipe. I told him I was impressed all the way to the hospital. Soafter three knee surgeries, he’s into fishing, and I still look longingly at my skis. In the closet.Occasionally, I weep.
JOHN ROBINSONmba ’03
HOMETOWN : Mission Hills, Kansas • UNDERGRAD : BS – Civil Engineering, University of Kansas • PRE -MBA EMPLOYMENT: Consultant, Project Manager, Euronet Worldwide • MBA CONCENTRAT IONS : Finance, Strategy
• MBA IN T ERNSH I P : Aquila Energy • POST-MBA : Senior Development Underwriter, Vulcan Inc. • E T C E T ERA : Met my wife at the Tepper School!
VU
LCA
N, I
NC
.SpaceManWe don’t know if it was the pressure of
coloring between the lines, flunking
“building blocks,” or a distaste for the
feel of Play-Doh but...
One day, when John was in kindergarten,
he walked home from school, told his
mom he was quitting, and announced,
“I’m gonna be a fisherman.”
His abdication from kindergarten did
not work out. Instead, he’s underwritten
more than a billion dollars of real estate
development projects, including a 1.5
million-square-foot space (six city blocks)
for Amazon’s headquarters.
He eventually moved on to the first grade.
At the University of Kansas, John
wanted to be an engineer. That’s what his
dad, two uncles, grandfather and his
grandfather’s brother did. Since he was a
skier, a hiker and a kayaker, John also
loved the prospect of working outdoors.
His degree in civil engineering took him
to construction projects in places like
Guatemala, where he was instrumental
in building the country’s first coal
power plant.
He decided he wanted the whole business
package for his future. John pursued
an MBA. The Tepper School was his first
choice, influenced by its #2 finance
ranking in the Wall Street Journal. He
also felt the school’s emphasis on analytics
(and therefore creative solutions) would
prove more beneficial than relying
predominantly on case studies. The Tepper
School also introduced him to Monica,
his future wife. What more could you
ask of a B-school?
Now, he and Monica have settled in
Seattle. He’s the Senior Development
Underwriter at Vulcan, Inc. He will
not quit this job to become a fisherman.
But, he will eat seafood. That’s the
trade-off.
John’s advice to anyone who asks:
Never stop asking questions, make
the most out of your professor’s
time (because they want you to),
and get to know the ‘Burgh.
28
Long-distance runner wears Nike.
Long-distance runner works for Nike.
Long-distance runner designs Nikes.
Long-distance runner leaves Nike.
Hmmm...
At Nike, Kevin rose to product process manager, advising
creative teams about how to use new technology to get a
particular running shoe ready for mass production.
But within the company, his creative side was aching to make
an appearance. The door opened, and he flew, uh, ran through
it to the “Nike Innovation Kitchen,” the hub of the company,
which is an organization within the organization responsible
for designing the shoes of the future.
Two of his designs are now being mass-produced.
His creative juices now overflowing, Kevin applied to and was
accepted at the Art Center College of Design in Pasadena,
California. And when he gets his master’s in Industrial Design,
he hopes to return to, where else, Nike.
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31IF THESHOE fits
KEVIN BETHUNEmba ’06
HOMETOWN : No hometown really; lived all over the Midwest and East Coast • UNDERGRAD : BS – Mechanical Engineering,University of Notre Dame • PRE -MBA EMPLOYMENT: Senior Engineer and Project Manager, Westinghouse Electric Company
• MBA CONCENTRAT IONS : Finance, Strategy, Entrepreneurship • MBA IN T ERNSH I P : Westinghouse Electric Company, LLC(direct report to CFO on strategic growth initiatives and associated metrics) • POST-MBA : Finance Manager and Product ProcessManager, Nike, Inc. • E T C E T ERA : Created two lifestyle-performance shoe designs for the Jordan Brand.
AMAZON
R IGHT PAGE C LOSES T TO CAMERA ;
COUNTERC LOCKW I S E ;
1 Brian Olsavsky, Vice President, Finance (MSIA ’89)
2 Nikhil Ambale, Senior Financial Analyst (MBA ’09)
3 Shrutee Sharma, Senior Manager (MBA ’09)
4 robert Early, Senior Finance Manager (MBA ’06)
5 Shaun Vickers, Technical Program Managerfor Amazon WebStore (MBA ’03)
L E F T PAGE C LOSES T TO CAMERA ;
COUNTERC LOCKW I S E ;
6 Marc Onetto, Senior Vice President, Worldwide Operations (MSIA ’75)
7 Christine Lee, Finance Manager (MBA ’06)
8 Albert Hwang, Transportation Manager (MBA ’06)
9 Geoffrey Bent, Senior Financial Analyst (MBA ’07)
10 Dirk Pohlers, Senior Financial Analyst (MBA ’08)
11 Cynthia Elliott, Computer Components (MBA ’06)
12 Ozgur Dogan, Senior Manager, Kindle (MBA ’06)
13 Clover Kim, Senior In-stock Manager, Shoes(MBA ’09)
14 Vishwas Shringi, Finance Manager (MBA ’07)
15 Anshul Sharma, Senior Financial Analyst (MBA ’09)
16 Nikhil Doegar, Senior Financial Analyst, eCommerce Platform Finance (MBA ’08)
17 raju Gupta, Finance Manager, Merchant Services Finance (MBA ’07)
18 Suhag Saraiya, Senior Vendor Manager (MBA ’09)
19 Tom Crane, Senior Manager, Finance (MSIA ’96)
THE SMALLEST
B-school MEETS THE EARTH’S
biggest bookstore...a LOVE story
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JAQUANA MILESmba ’10
HOMETOWN : Cleveland, Ohio • UNDERGRAD : BBA – Information Technology, University of Cincinnati • PRE -MBA EMPLOYMENT: IT Operations Team Lead, Hewlett Packard • MBA CONCENTRAT IONS : Operations, International Business
• MBA IN T ERNSH I P : Intern, Amazon.com • POST-MBA EMPLOYMENT: VP Quality and Change Delivery Consultant, Bank of America • E T C E T ERA : Competed in two regional ice-skating championships and won 1st and 2nd place.
BAN
KO
F A
MER
ICA
numbersBorn, Cleveland, Ohio.
University of Cincinnati.
Information Systems major.
President of Honorary Society for Women in Business.
Headed I.T. initiative for minority students.
Hired by Hewlett Packard.
IT Operations Team Leader.
Promoted to management.
WAIT A MINUTE!
MBA? Why not!
Tepper School is just like her — friendly and analytical.
Today, Bank of America in Charlotte, North Carolina.
Streamlining processes for global wealth/investment clients.
Sky’s the limit. Really, sky’s the limit.
Oh, used to be a competitive figure skater.
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34 by the
JUSTIN PARISImba/mscee ’10
HOMETOWN : Fairfield, New Jersey • UNDERGRAD : BS – Materials Science and Engineering, Cornell University • PRE -MBA EMPLOYMENT: Project Manager, Watermark Environmental • MBA CONCENTRAT IONS : Operations
• MBA IN T ERNSH I P : Business Development Intern, IBACOS • POST-MBA :
TAKTL Program Manager, Form Surfaces • E T C E T ERA : Currently mapping the back-country hiking trails of West Virginia and western Pennsylvania.
TAK
TL
We know you’re a Cornell graduate. What was your major?Materials Science.
What exactly is that?Well, the dictionary version would be “Solid State Physics.” The dirty versionwould be mixing solids as you would chemicals.
I shudder to ask you what got you interested in that.Let’s just say it was a diversion from ice hockey and lacrosse.
And when you graduated?I worked at a start-up company in Lowell,Massachusetts, as an environmental engineer. We specialized in hazardousgroundwater remediation.
Thus, going green first began for you.Thus it did. I worked there for six years.
And what interested you in an MBA?I was promoted to project manager and wanted to see how the business sideof things worked.
So why the Tepper School?Beside its reputation, I liked that it was an integral part of Carnegie Mellon.
I assume you took advantage of it.I took courses at the engineering college, the College of Fine Arts and the College of Computer Science.
You were a Carnegie Mellon representativeat the Copenhagen Climate Change Conference. How did that happen?I was a member of the university’s Green Practices Committee, which reports to the President’s Office. I guess I got involved in enough projects to get noticed.
And today?I was just hired by another start-up company. We’re designing a process to produce low-environmental-impact concrete products for the architectural industry.
What do you do in your spare time?Actually, I am part of a group that runs afundraiser for a place called ConstructionJunction every year. It’s a zero wasteevent. In other words, recycling and composting waste instead of sending it to a landfill.
I’m exhausted listening to you.Take a knee.
Last question. What was the best job you ever had?Caddying. I was outdoors every day, and the pay was in cash.
You were on the green for the green.Take a knee.
IT’S EASYbeingGREEN
36
39You will enter the marketplace transformedwith a set of new strategic and analyticalskills. You will deliver results that reflecta newfound intellectual agility thatapproaches dynamic, unstructuredproblems with a confidence about how to find an answer.
The Career Opportunities Center is yourpartner in planning, preparing for and pursuing your career. You will work with career counselors who are former industry executives, and your career plan will include a valuable portfolio ofskill development and networking opportunities:
> Interview preparation> Career fairs> CEO Speaker Series> West Coast career trek> New York career trek> Corporate presentations> Tepper Prepper (Year One)> Project courses> Resume development> Career panels> One-on-one counseling> Lifelong career services
Ready for anything
A Close-Knit Alumni CommunityThe Tepper School’s alumni networkspans dozens of global chapters in every major market worldwide. There are literally thousands of corporate executives and entrepreneurs who understand and respond to an unspokencommitment: our small size gives us a powerful advantage in the form of a strong community that supports you in your job search.
When you reach out to seek contacts and career advice, you will get it. Youwon’t face a huge network of strangerswho may share an alma mater, but lack the familiarity and culture that define a truly strong community.
Our community is a special one. It differentiates us. We know it, and we nurture it.
CA
REE
Ryour careeradvantage
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The core of our academic philosophy is that our
graduates will make a difference in the global
management arena. The Tepper School has a bias
for people who want a challenge and aren’t afraid
of risk. Our graduates have the skills and the
confidence to set their transformation into motion.
This is evidenced by the thousands of alumni
who have enjoyed successful careers ranging from
innovative entrepreneurs to Fortune 100 CEOs.
tSPEAKER: RANDY LEWIS, SENIOR VICE PRESIDENT, WALGREENS
38
100corporate presentations conductedby recruiters and companies each year.
Tepper School recruiting PartnersIN 2009 – 2010
> 3M
> A.G. Edwards
> A.T. Kearney
> Abbott
> ABN AMrO
> Accenture
> Adobe Systems
> Agilent Technologies, Inc.
> Alcoa
> Amazon.com
> American Airlines
> American Century Investments
> American Eagle
> American Express
> Amgen, Inc.
> Analog Devices
> Anheuser-Busch, Inc.
> Ann Taylor
> AOL Time Warner
> Apple Computer, Inc.
> Aramark
> AT&T
> Automatic Data Processing
> Avaya
> AXA Equitable Life Insurance
> Bain & Company
> Baird Capital Partners
> Bank of America
> Bank of New York Mellon Corporation
> Barclays Capital
> Barclays Global Investors
> BASF, The Chemical Company
> BathGate Capital Partners
> Bausch & Lomb
> Bayer HealthCare
> BearingPoint
> BellSouth
> Black & Decker Corporation
> Blackrock Financial Management
> Bloomberg
> Blue Shield of California
> BNP Paribas
> BNY Mellon Asset Management
> Boeing Capital Corporation
> Booz & Company
> Booz Allen Hamilton
> Bose
> Boston Company Asset Management
> Boston Scientific Corporation
> Bristol-Myers Squibb Company
> Capital One
> Cardinal Health
> Caterpillar
> Censeo Consulting Group
> Chevron
> CIGNA
> Cisco Systems, Inc.
> Citadel Investment Group
> Citi
> Comcast Corporation
> Comerica Bank
> Constellation Energy
> Cooper Industries
> Corning Incorporated
> Credit Suisse
> DAI Management Consultants
> Del Monte Foods
> Delaware Investment Advisors
> Dell Computer
> Deloitte & Touche LLP
> Deloitte Consulting
> Deutsche Asset Management
> Deutsche Bank Securities
> Diamond Management & Technology Consultants, Inc.
> Discover Financial Services
> Dow Chemical Company
> DTE Energy
> E&J Gallo
> Eastman Kodak
> Eaton Corp
> Ebay
> Eli Lily Corporation
> Emerson
> EQT
> Ernst & Young
> Expedia, Inc.
> ExxonMobil Company
> Fannie Mae
> Federal reserve Bank of New York
> Federated Investors, Inc.
> FedEx
> Fidelity Investments
> Florida Power & Light
> Ford Motor Company
> Freddie Mac
> Gap Inc.
> GE Commercial Finance
> GE Consumer Finance
> Genentech
> General Electric Capital Corporation
> General Electric Company
> General Mills
> General Motors
> GlaxoSmithKline
> GNC Corporation
> Goldman Sachs
> Goodyear Tire & rubber Company
> Google Inc.
> Hanesbrands, Inc.
> Harrahs Entertainment
> Hartford Investment Management Company
> H.J. Heinz Company
> Hewlett Packard
> Hitachi Consulting
> Honeywell
> HSBC
> IBM
> IDEO
> iGATE
> Infosys Consulting
> ING Corp.
> Intel Corp.
> JMP Securities
> Johnson & Johnson
> Johnson Controls
> JP Morgan Chase & Co.
> Kennametal Inc.
> KeyBank
> Kimberly-Clark
> KLA-Tencor
> KPMG
> Kraft Foods Inc.
> Lands’ End
> Las Vegas Sands Corp.
> Lehman Brothers Inc.
> Liberty Mutual
> Limited Brands
> Lockheed Martin
> L’Oreal
> M&T Bank Corporation
> Marketing Analytics, Inc.
> Mars & Co.
> MathWorks
> Mckesson
> McKinsey & Company
> MEDrAD, Inc.
> Mercer
> Merck & Company
> Merrill Lynch
> Michael Baker Corporation
> Microsoft Co.
> Moody’s Investors Service
> Morgan Stanley
> Nationwide Financial
> Navigant Consulting
> New York Life
> Nomura Securities
> Parker/Hunter Asset Management
> PepsiCo, Inc.
> Pfizer
> PIMCO
> PNC Financial Services
> Point Management Group
> PPG Industries Inc.
> Pratt & Whitney
> Praxair, Inc.
> PricewaterhouseCoopers LLP
> Procter & Gamble
> Progressive Insurance
> PrTM Management Consultants
> Prudential Financial, Inc.
> Putnam Investments
> rAND Corporation
> rBC Capital Markets
> rBS Greenwich Capital
> respironics, Inc.
> roche’s Diagnostics Division
> rohm and Haas Company
> ronin Capital
> ross Products Division
> Sabre Holdings Corporation
> Samsung
> Samsung Securities Co
> SAP America, Inc.
> Sapient Corporation
> Sara Lee Corporation
> Scotia Capital
> SEI Investments Company
> Siemens Management Consulting
> Sikorsky AirCraft (United Technologies Company)
> Skyway Capital Management
> Societe General
> Sony Corporation of America
> Standard & Poor’s
> State Street Corporation
> Sun Microsystems, Inc.
> Susquehanna International Group
> Symantec Corp
> T. rowe Price Associates, Inc.
> Target Corporation
> Texas Instruments
> Thermo Fisher Scientific, Inc.
> Thomson reuters
> Thornburg Investment Management
> TIAA-CrEF
> Timken Company
> T-Mobile
> Touchstone Partners, LLC
> Toyota
> Travelers
> Tyco International
> UBS
> Unilever
> Union Pacific railroad
> Unisys Corporation
> United Airlines
> United Technologies Corporation
> Vanguard
> VeriSign
> Verizon Communications Inc.
> Victoria’s Secret
> Visa
> W.r. Grace & Co.
> Wachovia
> Walt Disney Company
> Washington Mutual
>Wellington Management Company
> Wells Fargo & Company
> Western Asset Management
> Westinghouse Electric Company
> Weyerhauser Company
> Yahoo! Inc.
40 41Full-Time MBA accepted positions
www.tepper.cmu.edu/mbasalarieswww.tepper.cmu.edu/mbacareers
tMCGINNIS VENTURE COMPETITION
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Interim statistics for accepted positions reported to the Career Opportunities Center as of July 13, 2010. This report conforms to the MBA Career Services Council Standards for Reporting MBA Employment Statistics. Final Salary Statistics for the Class of 2010 willbe available in October at: www.tepper.cmu.edu/mbasalaries
Function and Industry, Class of 2010
>
■ Finance: 29%
■ Marketing: 23%
■ Consulting: 21%
■ General Management: 16%
■ Production/Operations Management: 8%
■ Financial Services: 26%
■ Manufacturing: 26%
■ Consulting: 20%
■ Technology: 17%
■ Other: 9%
■ Not-For-Profit/Government: 3%
42 43Your worldwide network
Global networking is a distinct advantage of our size and scope. The Tepperalumni network has more than 30 worldwide chaptersand impressive affinity groups ranging from Wall Street to the military.
tLINWOOD HARRIS, ASSOCIATE DIRECTOR, MASTERS ADMISSIONStSPEAKER: WILLIAM CAMPBELL, CEO, INTUIT
The school provides opportunities to network as well as stay ahead ofbusiness practice. You will haveaccess to a library of research, expertcommentary, lectures and videosthrough a resource hub known asTepper Lifelong Learning.
Each week, alumni chapters across the globe host alumni panels, faculty visits, student treks and CEOpresentations. Your membership in the alumni network will paydividends as your career broadens in responsibility, geography andindustry. As you progress throughoutyour career, the Tepper Schoolcommunity is a constant source ofnetworking, support and inspiration.
AtlantaAustinBostonCharlotteChicagoCincinnatiDallasDenverDetroitFt. LauderdaleHartfordHoustonPhoenixPittsburghLos AngelesMarylandMiamiNew York City
PhiladelphiaPrincetonRochesterSacramentoSan DiegoSan Francisco Bay Area
St. LouisSeattleTampa BayTriangleWashington, DCWest Palm Beach
•••BangaloreBangkok BeijingNew Delhi
Hong KongJakartaKuala LumpurMumbaiSeoul ShanghaiSingaporeTaiwanTokyo
AtlantaAustinBostonCentral New JerseyChicagoClevelandColumbusConnecticutDallasDenverDetroitHoustonKansasLos AngelesNew York CityNorth CarolinaPhiladelphiaPhoenixPittsburgh
San Francisco Bay Area
SeattleWashington, DC
•••BrazilChinaFranceIndiaIsraelJapanKoreaMexicoSpainSwitzerlandTaiwanTurkeyUnited Kingdom
Tepper School of Business Carnegie Mellon University
www.twitter.com/tepperadcomwww.twitter.com/teppercmu>
Alumni Chapters worldwide
tJAMES FRICK, DIRECTOR, MBA ADMISSIONS
Our standards are high and our admissionsprocess is very competitive, but our idealstudent does not fit a rigid profile. Wewelcome students from diverse academic,professional and personal backgrounds,and seek exceptional individuals whohave made an impact on whatever paththey have chosen.
We examine all components of your MBAapplication to gain an understandingabout you as a candidate. Our admissionscommittee is interested in your potentialfor academic success at the Tepper Schoolof Business and for professional successin the future. We evaluate your reasons forapplying, because we want to be sure thatyour background and goals are consistentwith our strengths for a mutual fit. We
seek students who are highly motivated,tenacious, self-directed and innovative,and who demonstrate personal integrityand a strong work ethic.
Personal competencies such ascommunication, interpersonal skills,teamwork and leadership qualities are among other key considerations.Non-native English speakers must beskilled and confident when speaking,listening, reading and writing in English, to ensure that they can participate fully in our learning environment.
Do you need professional experience? No.We seek diversity in all dimensions andwelcome applications from exceptionallytalented and motivated individuals whomay not yet have significant experience.
We look forward to meeting you andwelcoming you to the Tepper Schoolcommunity.
Laurie StewartExecutive DirectorMasters AdmissionsClass of 1987
AD
MIS
SIO
NS
ready to make your mark?We know that the options for prospective MBA students
are numerous. We also know that programs offering
a comparable experience are scarce. We do not offer a
one-size-fits-all MBA degree.
Above all, we’re big fans of thinking. Given the alternative,
it’s a good way to be successful in the business world.
So, let’s get to know one another.
MBA PREREQUISITES
MBA applicants must hold the equivalent
of a bachelor’s degree and demonstrate
a strong aptitude for mathematics. Entering
MBA students must have completed one
semester of college calculus and either
statistics, calculus II or linear algebra
before matriculating. Candidates who
do not meet the math requirements may
be admitted with the provision that they
complete the necessary math courses
before joining the program. A Quantitative
Skills review Program (QSrP) is offered
to students who have studied calculus but
would like a review before classes begin.
Admission offers may contain provisions
that require entering students to attend
pre-MBA programs.
VERIFICATION PROCESS
We are committed to ensuring the integrity
of our admissions process and the reputation
of our educational programs. We also want
to protect and enhance the value of the
degrees that we confer on our students.
To guard against any allegations that
candidates may have misrepresented
themselves in their admission applications
in an effort to increase their chances of
gaining admission to a competitive
graduate program, we have made the
decision to establish an independent
verification of application credentials for
all of our master’s students. We believe
that this verification process will support
our efforts to ensure integrity throughout
the program. Upon admission, you will
receive more details about this process.
IMPORTANT INFORMATION
All application materials become the
property of Carnegie Mellon and are subject
to verification. After 90 days, we reserve
the right to make a decision using materials
we have received. Application fees and
enrollment deposits are nonrefundable.
Since our program requirements,
curriculum and schedule are subject to
change at any time, please visit:
www.tepper.cmu.edu/mba
for updated information.
www.tepper.cmu.edu/mbaadmissionswww.tepper.cmu.edu/mbadeadlineswww.tepper.cmu.edu/moreinfo
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Regardless of what you’re thinking about the city you will call home for two years, the Pittsburgh of today is a breathtaking example of how amodern-day urban renaissance hasperfectly blended an industrial revolution with the Information Age.
We used to be a best-kept secret, and although we liked being out of the spotlight, the world has, indeed,discovered Pittsburgh’s charms. We boast more green space than cities twiceour size (60 percent of our local land is covered in forest). Visitors are alwaysawestruck by the beautiful confluence of the three rivers at Pittsburgh’s doorstep. Along this 35-mile stretch of urban waterfront, you will exploresports, recreation, shopping, nightlife and waterparks.
Students always comment on Pittsburgh’slivability. From an exceptionallyaffordable cost of living to housing optionsin historic nearby neighborhoods, the city offers something for everyone. TheTepper School sits on Carnegie Mellon’s100-acre campus that is located just a few miles from Pittsburgh’s downtown. We have Schenley Park as our backyard,which is a favorite spot of runners, golfers, hikers and cyclists.
46 47Pittsburgh: Forget everything you think you know
www.tepper.cmu.edu/thinkpittsburgh Tepper MBA To-Do List> Find a bargain at the Three rivers
Arts Festival
> Dodge the spray at the Formula Onerace during the Three rivers regatta
> Catch Major League Baseball’s Opening Day at PNC Park
> Enjoy the sidelines at the VintageGrand Prix
> Tune in at the Pittsburgh Blues Festival
> Bundle up the family for the outdoor New Year’s Eve “First Night” celebration
> Lace up for the City of PittsburghGreat race
> Explore galleries and exhibits at theCultural District Gallery Tour
> Tee off at any of the 300 golf coursesin the tri-county area
> Take the kids to the Carnegie Science Center and Sports Workscomplex
> Nominate a favorite flick at theThree rivers Film Festival
> Scream on the rollercoasters at Kennywood Amusement Park
> Tailgate with friends before a Steelers football game
> Enjoy the year-round blooms at Phipps Conservatory and Botanical Gardens
tPITTSBURGH ZOO AND AQUARIUM tHISTORIC KENNYWOOD AMUSEMENT PARK tSHANNOPIN GOLF COURSEtPITTSBURGH: CITY OF BRIDGES tTYLER (MBA ’10), GRETCHEN, WILLIAM PETERSON tCARNEGIE MUSEUM OF NATURAL HISTORY
tSHADYSIDE COFFEEHOUSE tTHE ANDY WARHOL MUSEUM
tMR. SMALL’S THEATRE
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sCARNEGIE MELLON UNIVERSITY CAMPUS tBENEDUM CENTER tPITTSBURGH STEELERS
#1In 2009, The Economistrated Pittsburgh as “America’s Most Livable City.”
tJOHN MATHER, EXECUTIVE DIRECTOR, MASTERS PROGRAMS; TEACHING PROFESSOR OF MARKETING tCLASS TRIP TO PNC PARK
Come visit the Tepper School!A great way to learn more about theTepper School is by visiting our campus.Campus visitors have the opportunity to sit in on a class, take a tour, spend time with current students and attend an information session conducted by amember of the school’s admissions team.We welcome visitors Mondays throughThursdays when classes are in session,with the information session offeredweekly on Mondays.www.tepper.cmu.edu/mbavisit
Attend an MBA event near youThroughout the fall and early spring, Tepper School admissions team membersand local Tepper alumni participate in more than 100 events for prospectiveMBA students around the world. Find out when we’ll be in a city near you –we would love to catch up with you. www.tepper.cmu.edu/mbaevents
Tepper School resources
Tepper School’s online communitySpecialized questions? No problem. We’re available to you through onlinechats, webinars, Twitter, threadeddiscussion boards and more. Want toknow what it’s really like to be a TepperSchool MBA student? You can connectwith a current student whose academicand career interests match yours throughthe “Contact a Current Student” feature.www.tepper.cmu.edu/online-community
Join the Tepper School’s mailing listWhen you’re part of our mailing list, we’llkeep you updated on what’s happening at the Tepper School and on CarnegieMellon’s campus. We’ll also let you knowabout any MBA events that may behappening near you and provide info thatis useful to anybody thinking of applying. www.tepper.cmu.edu/moreinfo
Learn more about the admissions processFor information to help you navigate the admissions process, visit www.tepper.cmu.edu/mbaadmissions You can find links to our online application,details on upcoming deadlines, recententering class profiles, application tipswritten by members of our admissionsteam and much more.
www.tepper.cmu.edu>
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InformationMasters Admissions Office:Phone: 412.268.2272800.850.4742 (U.S. only)Campus Visits: 412.268.5687Fax: 412.268.4209
Email: [email protected]
Diversity Strategies and Programs:Phone: 412.268.4320www.tepper.cmu.edu/diversity
Financial Aid:Phone: 412.268.1242Fax: 412.268.4959www.tepper.cmu.edu/faid
Career Opportunities Center:Phone: 412.268.2278www.tepper.cmu.edu/mbacareers
Ph.D. Admissions Office:Phone: 412.268.2301www.tepper.cmu.edu/phd
Executive Education:Phone: 412.268.2304www.tepper.cmu.edu/execed
Carnegie Mellon UniversityDr. Jared L. CohonPresident
Dr. Mark S. KamletExecutive Vice President and Provost
Tepper School of BusinessKenneth B. Dunn, Ph.D. Dean
Ilker Baybars, Ph.D. Deputy Dean
robert M. Dammon, Ph.D. Associate Dean, Education
Michael Trick, Ph.D.Associate Dean, research
Jonathan Glover, Ph.D. Head, Doctoral Program
John H. Mather, Ph.D. Executive Director, Masters Programs
Milton L. Cofield, Ph.D. Executive Director, Undergraduate Business Administration Program
Dennis Epple, Ph.D. Head, Undergraduate Economics Program
Tepper School Business Board of AdvisorsFrancois de Carbonnel (MSIA ’72)Consultant and Corporate Financial Advisor
David A. Coulter (BSIM ’71, MSIA ’71)Managing Director and Senior Advisor Warburg Pincus
Lewis Hay III (MSIA ’82) Chairman and Chief Executive Officer NextEra Energy, Inc.
T. Jerome Holleran (BS-CIT ’57, MSIA ’69)Chairman Precision Medical Products, Inc.
Larry E. Jennings, Jr. (BS-MCS ’84, MSIA ’87)Senior Managing DirectorValStone Partners
Gunjan Kedia (MSIA ’94)Executive Vice PresidentInvestment ServicesState Street Corporation
Jon r. Kinol (MSIA ’92)Global Head, Interest rate ProductsCredit Suisse (USA), Inc.
James Levy (BSIM ’65, MSIA ’66)Chairman Park Lane Ventures
Jack E. McGrath (MSIA ’61) Senior Vice President (retired) Booz & Company
David T. Morgenthaler Founding PartnerMorgenthaler Ventures
Marc A. Onetto (MSIA ’75) Senior Vice President Worldwide OperationsAmazon.com, Inc.
Cindy Padnos (MSIA ’80)Managing Director Illuminate Ventures
Frank A. risch (MSIA ’66) Vice President and Treasurer (retired)ExxonMobil Corporation
James E. rohr Chairman and Chief Executive OfficerThe PNC Financial Services Group, Inc.
Manoj P. Singh (MSIA ’76) Global Managing Partner, OperationsDeloitte Touche Tohmatsu
James r. Swartz (MSIA ’66) Founding Partner Accel Partners
David A. Tepper (MSIA ’82)President and FounderAppaloosa Management L.P.
Kevin D. Willsey (MSIA ’89)Managing DirectorHead of Equity Capital Markets JPMorgan Securities, Inc.
Pamela Zilly (MSIA ’77) Senior Managing Director (retired)The Blackstone Group
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Statement of AssuranceCarnegie Mellon University does not discriminate and Carnegie Mellon University is required not to discriminate in admission, employment,or administration of its programs or activities on the basis of race, color, national origin, sex or handicap in violation of Title VI of the Civilrights Act of 1964, Title IX of the Educational Amendments of 1972 and Section 504 of the rehabilitation Act of 1973 or other federal,state, or local lawsor executive orders.
In addition, Carnegie Mellon University does not discriminate in admission, employment, or administration of its programs on the basis ofreligion, creed, ancestry, belief, age, veteran status, sexual orientation or gender identity. Carnegie Mellon does not discriminate in violationof federal, state, or local laws or executive orders. However, in the judgment of the Carnegie Mellon Human relations Commission, thePresidential Executive Order directing the Department of Defense to follow a policy of “Don’t ask, don’t tell, don’t pursue” excludes openlygay, lesbian and bisexual students from receiving rOTC scholarships or serving in the military. Nevertheless, all rOTC classes at CarnegieMellon University are available to all students.
Inquiries concerning application of these statements should be directed to the provost, Carnegie Mellon University, 5000 Forbes Avenue,Pittsburgh, PA 15213, telephone 412.268.6684 or the vice president for enrollment, Carnegie Mellon University, 5000 Forbes Avenue,Pittsburgh, PA 15213, telephone 412.268.2056.
Carnegie Mellon University publishes an annual campus security report describing the university’s security, alcohol and drug, and sexualassault policies and containing statistics about the number and type of crimes committed on the campus during the preceding three years.You can obtain a copy by contacting the Carnegie Mellon Police Department at 412.268.2323. The security report is also available online at www.cmu.edu/police/statistics.htm.
Obtain general information about Carnegie Mellon University by calling 412.268.2000. ww
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eduTepper School of Business
William Larimer Mellon, Founder
Carnegie Mellon University5000 Forbes AvenuePittsburgh, PA 15213-3890
Masters Admissions OfficePhone: 412.268.2272Fax: 412.268.4209Toll Free: 800.850.4742 (U.S. only)
www.tepper.cmu.edu