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Press Release

Contact:
Michael B. Laffin
412-268-3486

For immediate release:
September 22, 2004

Tepper School of Business Ranked No. 2 MBA Program by The Wall Street Journal

Four academic concentrations recognized for excellence

PITTSBURGH—The Wall Street Journal today announced that the Tepper School of Business at Carnegie Mellon advanced to second place among the top-19 national MBA programs in a survey of 261 full-time programs worldwide. This year's survey represents opinions of 2,849 corporate recruiters and is the fourth consecutive top-10 finish for the Tepper School.

"The Journal's ranking is an impressive reflection of how highly regarded our students are by corporate recruiters," said Dean Kenneth B. Dunn. "Tepper students bring to the marketplace an exceptional range of skills that are uniquely suited to analyzing complex situations and identifying solutions for today's dynamic and technical business environment."

According to The Wall Street Journal, recruiters cited Tepper students' "analytical skills and enthusiasm," their "work ethic and ability to get the job done" and "faculty experience in industry." The Tepper School was also recognized again this year for excellence in four academic concentrations: operations (No. 2); information technology (No. 2); entrepreneurship (No. 4); and finance (No. 4).

For the 2004 survey, The Wall Street Journal made a significant change in its survey methodology, dividing the leading business schools into three groups — national, regional and international — based on where companies tend to recruit. (The Tepper School is ranked No. 2 in the national category.) This year's survey contained questions on recruiters' perceptions of a school and its students as well as a new component called "supportive behavior," which measures a recruiter's intention to return to a school and the likelihood of providing offers to a school's students over the next two years. The complete rankings report can be found at www.careerjournal.com.

Founded in 1949, The Tepper School of Business at Carnegie Mellon is a pioneer in the field of management science and analytical decision making. Its groundbreaking curricula are the basis for many business and academic models throughout the world, especially those committed to interdisciplinary collaboration and technology. The most recent example of this is the new MBA Tracks program that allows students to pursue areas of study that cross several disciplines and involve other Carnegie Mellon schools, yet maintains Tepper's traditional focus on the intersection of business and technology. The school's notable distinctions include a faculty that consistently produces ground-breaking research published in leading academic journals; a unique contribution to the intellectual community including four Nobel prizes; and a consistent presence in the top tier of national and international doctorate, master's level and undergraduate business school rankings.

More information on the school and its programs can be found at business.tepper.cmu.edu.

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