The Tepper School’s Top 10 Stories of the Year
Another year is in the books at the Tepper School. Faculty, alumni and awards all made headlines that drew the attention of the Tepper community over the last 12 months. These are the 10 most-read stories of the 2016-2017 academic year.
OBITUARY: REMEMBERING ALLAN MELTZER, DISTINGUISHED ECONOMIST
Allan Meltzer, the Allan H. Meltzer University Professor of Political Economy at the Tepper School and a world-renowned economist, passed away on May 8 at the age of 89. He was highly regarded in the field of monetary policy and penned more than 10 books and 400 papers during his career that included a magisterial two-volume history of the Federal Reserve. He also previously served in various advisory roles with the White House, U.S. Treasury, Federal Reserve Board and International Monetary Fund and was widely viewed as one of the greatest economists of the 20th century.
OBITUARY: YUJI IJIRI, WORLD-RENOWNED ACCOUNTANT AND EDUCATOR, DIES AT 81
The Tepper School lost another internationally recognized member of its community when Yuji Ijiri passed away on Jan. 18 at the age of 81. Ijiri was the R.M. Trueblood University Professor of Accounting and Economics Emeritus at the Tepper School and was well-known for his innovative accounting research that led to the founding of triple-entry accounting. He was inducted into the Accounting Hall of Fame at Ohio State University and is the only four-time winner of the American Accounting Association (AAA) Notable Contributions to Accounting Literature Award.
FULL-TIME MBA CLASS OF 2016 EMPLOYMENT STATISTICS: MAJORITY OF GRADS HEAD INTO TECHNOLOGY, CONSULTING, AND FINANCIAL INDUSTRIES, STARTING SALARIES REACHED ALL-TIME HIGH
The Tepper School full-time MBA class of 2016 graduated with record-setting success. The class set a school record for median base salary at $117,000 and a median sign-on bonus of $25,000 with 91.5 percent of students receiving job offers within just three months of graduation — 82.7 percent with offers at graduation.
TEPPER SCHOOL RESEARCH ANALYZES ERRORS CONSUMERS MAKE IN GIFT-GIVING
Research coauthored by Jeff Galak, associate professor of marketing, suggested that gift givers focus more on the moment of exchange, but receivers are more concerned with the practicality and long-term use of the gifts. The paper recommends considering gifts that will be meaningful and useful to the recipient, rather than ones that elicit an immediate reaction.
NEWS RELEASE: CARNEGIE MELLON OFFERS A NEW MASTER’S DEGREE IN PRODUCT MANAGEMENT
A new joint master’s degree program was announced in May between the Tepper School and the university’s School of Computer Science that will turn computer scientists and engineers into “CEOs of the Product.” Carnegie Mellon’s new Master of Science in Product Management, a 12-month master’s degree program, will launch in January 2018. The first application deadline is July 1.
COHEN AND TEPPER SCHOOL PH.D. STUDENTS EARN CONFLICT MANAGEMENT AWARD
The International Association of Conflict Management awarded a research group that included Tepper School associate professor of organizational behavior and theory Taya Cohen with its annual Outstanding Article Award at its annual conference in New York last June. The IACM honored Cohen’s group for its study analyzing characters of adults with low versus high levels of moral character titled “Moral Character in the Workplace.”
BASECAMP BEGINS: WELCOMING THE NEW COHORT OF TEPPER SCHOOL MBA STUDENTS
The newest Tepper MBA students arrived to campus in August to participate in the annual three-week BaseCamp program to prepare for success at the Tepper School. The incoming class will be the last to graduate from Posner Hall and GSIA as the school transitions to the David A. Tepper Quadrangle in 2018.
OUTSTANDING ALUMNI HONORED AT REUNION WEEKEND 2017
Four high-achieving alumni were honored at the annual All-Class Reunion Celebration at Heinz Field in May. Tod S. Johnson was honored with the Alumni Lifetime Achievement Award; David Mawhinney was recognized with the Alumni Achievement Award; James Ostry received the Alumni Service Award; and Swetha L. Arbuckle was awarded the Recent Alumni Service Award.
UNDERGRADUATE BUSINESS ADMINISTRATION PROGRAM WELCOMES LARGEST CLASS TO DATE
With new programs and the upcoming opening of the Tepper Quad, the Tepper School last fall welcomed the largest class of undergraduate business administration students in the school’s history. The first-year class of 146 students included students from 20 states and seven countries.
WEINGART RECEIVES HONOR AS ACADEMY OF MANAGEMENT FELLOW
Laurie Weingart, senior associate dean of education and Carnegie Bosch Professor of Organizational Behavior and Theory, was one of eight members selected by the Academy of Management to the 2016 Fellows Group. The lifetime designation is awarded to a select number of AOM’s nearly 20,000 members each year. Weingart was honored at the annual AOM meeting in Anaheim, California last August.