1948 - The William L. and Mary T. Mellon Foundation donates $6M to the Carnegie Institute of Technology to establish the Tepper School of Business.

1949 - Six students and seven faculty members start the first academic year of the Tepper School of Business.

1955 - IBM 650, the first computer at Carnegie Mellon, is installed in the basement of the Tepper School of Business.

1957- TheTepper School of Business awards its first two doctoral degrees to William R. Dill (IA ‘53, Ph.D. ‘56) & Allen Newell (Ph.D. ‘57), both of national distinction.

1961-1962 - Richard M. Cyert is named Dean of the Tepper School of Business. In 1972, he becomes the president of Carnegie Mellon University. 

1964-1965 - Thomas M. Kerr joins the Tepper School, co-teaching a course on corporate and social responsibility with Leland Hazard, forerunner of the school’s leadership in business ethics.

1964-65 - First launched in 1959, the Management Game is disseminated to other business schools through its publication in The Carnegie Tech Management Game: An Experiment in Business Education, edited by Kalman J. Cohen (IA ‘56, Ph. D. ‘59), William R. Dill (IA ‘53, Ph.D. ‘56), Alfred A. Kuehn (CIT ‘52, IA ‘54, Ph. D. ‘58), & Peter R. Winters (IM ‘52, Ph. D. ‘58).

1967-1968 – With the help of Tepper School of Business faculty members, the School of Urban & Public Affairs (SUPA) opens its doors. William W. Cooper, a founding faculty member of the Tepper School, becomes the first dean of SUPA (later named the Heinz College of Information Systems and Public Policy).

1970-1971- Tepper School of Business implements a new mini-semester model – a major educational innovation offering more electives and greater flexibility.

1972-1973 - Tepper School of Business is one of the first business schools to introduce an entrepreneurship program and make the study of entrepreneurship an integral part of its curriculum. Alumnus John R. Thorne (IA ’52) heads the program.

1973-1974 - The Shadow Market Open Committee, co-founded by Professor Alan Meltzer, holds its first meeting on September 14, 1973. Melzer, named University Professor in 1980-1981, taught the longest running course at Carnegie Mellon University on “Why Capitalism.” The topic was later published as a book in 2012.

1975-1976 - The American Institute of Certified Public Accountants recognizes Yuji Ijiri (Ph.D. ‘63) for the “most notable contribution to accounting literature,” The Theory of Accounting Measurement. He is the only person to achieve this recognition four times.

1978-1979 - Herbert A. Simon, a founding faculty member of Tepper School of Business, earns the 1978 Nobel Prize in Economic Sciences. He is the first of the school’s nine Nobel Laureates.

1982-1983 - Elizabeth E. Bailey is appointed Dean of Tepper School of Business. Bailey is the first woman to serve as the dean of a Top 10 graduate business school. 

1985-1986 – Tepper School of Business three-year, part-time master’s degree (flex-time) program begins.

1987-1988 - Crisis Management and Leadership in Business is introduced as the first such program at a top business school. Taught by Gerald Meyers (CIT ‘50, IA ‘54), the course provides the theory behind business crises and practices in dealing with them; guest speakers are (or were) the top executive of the company under discussion.

1989- 1990 – The Donald H. Jones Center for Entrepreneurship is established through a $1M gift from Pittsburgh entrepreneur Donald H. Jones. Jack Thorne (IA ‘52) becomes the center’s director.

1992-1993 – Posner Hall, a $13.5 million addition to the original Tepper School building, is dedicated with major grants from Helen and Henry Posner, the Richard King Mellon Foundation, descendants of William Larimer Mellon, and the Vira I. Heinz Endowment.

1993-1994 -A new degree program, the Master of Science in Computational Finance, is introduced with a class of 14 students. 

1996-1997 - The FAST Lab, a real-time financial trading simulator, and its co-creators Sanjay Srivastava and John O’Brien, receive the Computerworld Smithsonian Award for visionary use of information technology in the field of education and academia.

1997-1998 – Students are required to use laptops at the Tepper School of Business for the first time.

1998-1999 - Tepper School of Business begins construction of a third-floor addition to Posner Hall, with a $2M pledge from Robert Bosch and additional support from alumni and friends.

2000-2001 - Tepper School of Business officially changes its Master of Science in Industrial Management (MSIA) degree to the Master of Business Administration (MBA).

2002 - Former Professor of Financial Economics, Ken Dunn, retires as managing director at Morgan Stanley and returns to Tepper School of Business to become dean.  

2004- David A. Tepper donates $55M to name the David A. Tepper School of Business. 

2011 - Bob Dammon is appointed the ninth dean of the Tepper School of Business. A researcher and professor of financial economics, he joined the faculty in 1984 and was appointed to serve as the school's associate dean for education from 2008 to 2011.

2013 – The Tepper School of Business launches a new, part-time Online Hybrid MBA program. 

2018 - Carnegie Mellon University introduces a new degree program, the Master of Science in Product Management (MSPM). The interdisciplinary program combines expertise from the university's School of Computer Science and the Tepper School of Business.

2018 – The grand opening of the new Tepper Quad, home of the Tepper School of Business and the largest building on Carnegie Mellon University’s campus, takes place with a lead naming gift of $67M from David A. Tepper and a $33 million gift from James A. Swartz to name the Swartz Center for Entrepreneurship.

2020 - Isabelle Bajeux-Besnainou is named the 10th Dean of the Tepper School of Business, the second woman in this role.

2021 – The Tepper School of Business expands its Master of Science in Business Analytics (MSBA) program by adding a full-time option for recent college graduates seeking to specialize in business analytics.

2023 - The Tepper School launches its 10-month Master of Science in Management (MSM) program to equip young business professionals equip students with fundamentals to set the stage for a data-informed, human driven approach to business.