The Tepper School of Business is located on Carnegie Mellon University’s campus in Pittsburgh while the Ross School of Business comes under the University of Michigan. Although they have similar ranks in the Financial Times MBA Rankings 2020, they are set apart due to multiple factors:
| Tepper School of Business | Ross School of Business | |
|---|---|---|
| ranking (overall) | # 27 Financial Times 2021 # 31 Financial Times 2020 # 35 Financial Times 2019 | # 21 Financial Times 2021 # 30 Financial Times 2020 # 28 Financial Times 2019 |
| Programs | UG Programs -16 PG Programs -2 Doctorate Programs -11 | UG Programs -1 PG Programs -3 |
| Cost to Study | Average Tuition Fees 55816 [For UG Program] Average Tuition Fees 45000 [For PG Program] Hostel + Meal - 17944 Per Year | Average Tuition Fees 49350 [For UG Program] Average Tuition Fees 72114 [For PG Program] Hostel + Meal - 16502 Per Year |
Top Courses Comparison
| ranking | # 28 for Business by Times Higher Education 2023 # 101 for Business by Academy Ranking of World Universities 2021 | # 8 for Business by US News 2024 # 23 for Business by Times Higher Education 2023 |
| application | #1269 Applicants # 200 Admissions # 15 % Acceptance Rate | #2989 Applicants # 421 Admissions # 14 % Acceptance Rate |
| exam scores | Duolingo - 120/160GMAT - 680/800GRE updated - 300/340IELTS - 7.0/9PTE - 58/90TOEFL - 100/120 | GMAT - 720/800IELTS - 7/9PTE - 70/90TOEFL - 100/120 |
| Admission Criteria/Better to Have | GPA of 3.32 average and preferably 680 GMAT Score. Average Work Experience required around 5.4 years. | GPA of 3.5 average and preferably 720 GMAT Score. Average Work Experience required around 5.3 years. |
| cost to study | Total Cost (Tuition + Living) -70000 | Total Cost (Tuition + Living) -72114 |
| Return on Investment/Average Package | #Average Salary126250 | #Average Salary164336 |
| documents required | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose |
| application dates | Jun 18, 2023 (Application Deadline For Fall 2023 Intake) | Jan 9, 2023 (Round 2 Application deadline) Mar 17, 2023 (Decision Release Round 2) Apr 3, 2023 (Round 3 Application Deadline) |
Other Popular Comparisons
Apart from the above-mentioned factors, here are certain more aspects to consider:
- The primary difference between the two is that Tepper is a private school and Ross is a public school, and Ross has a lot more value for money.
- Tepper has a smaller class size than Ross, which facilitates easier learning and formation of close-knit groups.
- However, there are more female students at Ross, that is, 43% of the total class, while at Tepper it is only 25%.
- The majority of students in the current MBA batch at Tepper had done their undergraduate in engineering while most students at Ross have a business background.
- The majority of the graduates from both colleges favored careers in Consulting and Technology.
- Tepper is renowned for its STEM-designated MBA course.
- Graduates from Tepper received a salary increase of 126% whereas graduates from Ross received only 115%, even though the employment rate of Ross was higher.
- Tepper has more international students - 28% compared to Ross’s 18%. International students at Tepper can also get an F-1 visa for full-time work through Optional Practical Training (OPT).
International students are more likely to fare better at Tepper because they can gain more exposure. However, doing an MBA from Ross might be cheaper and will bring similar returns like that from Tepper.
