Carnegie Mellon University
Division of Enrollment Management  ›  Student Financial Services  ›  Cost of Attendance  ›  2026-2027 Graduate Tuition  ›  Tepper School of Business  ›  Tepper School Master of Science in Management (MSM)

Tepper School Master of Science in Management (MSM)

2026-2027 Cost of Attendance

Cohort Tuition

Cohort tuition remains constant for the length of the program.

Fall 2026

Spring 2027
Fall 2026 Entering Cohort $695 per unit $695 per unit

Students Entering in 2026

 

Fall 2026

spring 2027

Academic Year

Tuition

See above

See above

See above

Living Expenses - Housing

$5,175

$5,175

$10,350

Living Expenses - Food

$2,588

$2,588

$5,176

Books, Course Materials, Supplies, Equipment

$363

 $363 $726

Travel Allowance

$1,610

 $1,610 $3,220

Misc. Personal Expenses

$5,262

 $5,262 $10,524

Activity Fee

 $122 $122 $244

Transportation Fee

 $151 $151 $302

Technology Fee

 $245 $245 $490
Health Insurance (Estimate) $3,352 $3,352
Estimated Loan Fees* $750 $750 $1,500

TOTAL

$19,618 + tuition

$16,266 + tuition

$35,884 + tuition

*For students who borrow federal loans.

Please Note:

  • 99 credits are required for graduation
  • Tepper Master's tuition rates and fees are evaluated annually and are subject to change.
  • Tuition, university fees, and health insurance are charged to your student account. You have the option of opting out of the health insurance cost if you have existing coverage.
  • Students may choose to borrow for non-tuition costs like room and board, even though these costs are not charged to the student account. 
  • A laptop computer with an additional estimated cost of $1,500 is required. Students may make a one-time request to borrow up to $1,500 to cover the documented purchase of a laptop computer for school use.
  • Students who must retake a course or complete additional coursework due to a failing/non-passing grade will be charged tuition for the units associated with the additional coursework. 
View MSM Program details