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Carnegie Mellon University

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Carnegie Mellon University Business Programs

Carnegie Mellon University is a private not-for-profit institution located in Pittsburgh, Pennsylvania. The city atmosphere of Pittsburgh makes it a great place for students who enjoy having lots of educational and entertainment options.

218 Undergraduate Degrees
398 Graduate Degrees
$57,606 Avg Cost After Aid (Undergrad)
17% Acceptance Rate

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Carnegie Mellon University Rankings

We have ranked Carnegie Mellon as #9 out of 1,477 colleges and universities in the country in our 2023 Best Colleges list. This puts it in the top 1% of all schools in the nation! Carnegie Mellon also holds the #1 spot on the Best Colleges in Pennsylvania ranking.

Our rankings are based on an outcomes-based approach rather than subjective ones used by other media outlets. As such, we utilize data from the Integrated Postsecondary Education Data System (IPEDS) and the College Scorecard, among other sources. Visit our rankings and methodology section to learn more.

Carnegie Mellon has also been awarded the following overall awards by our latest rankings.

Rank Ranking Name Share
#5 Best Business Graduate Certificate Schools Tweet It - Post It
#7 Best Business Bachelor’s Degree Schools Tweet It - Post It
#10 Best Business Master’s Degree Schools Tweet It - Post It
#15 Best Business Doctor’s Degree Schools Tweet It - Post It

Program Level Awards

These are highlights of some of the most noteworthy awards granted to specific programs at Carnegie Mellon.

Rank Ranking Name Share
#1 Best Management Information Systems Master’s Degree Schools Tweet It - Post It
#1 Most Popular Telecommunications Management Doctor’s Degree Schools Tweet It - Post It
#3 Best Business Administration & Management Bachelor’s Degree Schools Tweet It - Post It
#4 Best Management Sciences & Methods Bachelor’s Degree Schools Tweet It - Post It
#15 Best Economics Bachelor’s Degree Schools Tweet It - Post It
#23 Most Popular Management Sciences & Methods Master’s Degree Schools Tweet It - Post It

Awards From Around the Web

The following table lists some notable awards Carnegie Mellon has earned from around the web.

Rank Ranking Name Source
#1 Best Management Information Systems Graduate Degree Schools College Factual
#3 Best Management Sciences & Quantitative Methods Schools College Factual
#5 Best Business, Management & Marketing Schools College Factual
#6 Best Business Administration & Management Schools College Factual
#12 Best Schools Course Advisor
#21 Best Economics Schools College Factual

Where Is Carnegie Mellon University?

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Contact details for Carnegie Mellon are given below.

Contact Details
Address: 5000 Forbes Avenue, Pittsburgh, PA 15213-3890
Phone: 412-268-2000
Website: www.cmu.edu/
Facebook: http://www.facebook.com/carnegiemellonu
Twitter: http://twitter.com/carnegiemellon

How Do I Get Into Carnegie Mellon?

You can apply to Carnegie Mellon online at: admission.enrollment.cmu.edu/pages/apply-now

Admission Requirements for Carnegie Mellon

Submission Required?
High School GPA required
High School Rank considered but not required
High School Transcript required
College Prep Program required
Recommendations required
SAT or ACT Scores considered but not required
TOEFL required

How Hard Is It To Get Into Carnegie Mellon?

17% Acceptance Rate
53% Of Accepted Are Women
76% Submit SAT Scores
If you plan to apply to Carnegie Mellon, make sure you don't wait until the last minute to fill out your application. The school is one of the most selective in the United States and has a low acceptance rate of 17%. If you are admitted, that's something to brag about!

Approximately 47% of accepted students are men and 53% are women. The acceptance rate for men is 13%, and the acceptance rate for women is 23%.

Average Test Scores

About 76% of students accepted to Carnegie Mellon submitted their SAT scores. When looking at the 25th through the 75th percentile, SAT Evidence-Based Reading and Writing scores ranged between 700 and 760. Math scores were between 760 and 800.

SAT Reading and Writing Scores for Carnegie Mellon University  ( 700 to 760 )
200
800

SAT Math Scores for Carnegie Mellon University  ( 760 to 800 )
200
800
Carnegie Mellon received ACT scores from 35% of accepted students. When looking at the 25th through the 75th percentile, ACT English scores ranged between 33 and 36. Math scores were between 33 and 35. Composite scores were between 33 and 35.

ACT English Scores for Carnegie Mellon University  ( 33 to 36 )
1
36
ACT Math Scores for Carnegie Mellon University  ( 33 to 35 )
1
36
ACT Composite Scores for Carnegie Mellon University  ( 33 to 35 )
1
36

Can I Afford Carnegie Mellon University?

$57,606 Net Price
41% Take Out Loans
0.7% Loan Default Rate
The overall average net price of Carnegie Mellon is $57,606. The affordability of the school largely depends on your financial need since net price varies by income group.

The net price is calculated by adding tuition, room, board and other costs and subtracting financial aid.

Student Loan Debt

While almost two-thirds of students nationwide take out loans to pay for college, the percentage may be quite different for the school you plan on attending. At Carnegie Mellon, approximately 41% of students took out student loans averaging $6,601 a year. That adds up to $26,404 over four years for those students.

The student loan default rate at Carnegie Mellon is 0.7%. This is significantly lower than the national default rate of 10.1%, which is a good sign that you'll be able to pay back your student loans.

Carnegie Mellon University Undergraduate Student Diversity

6,341 Full-Time Undergraduates
50% Women
52% Racial-Ethnic Minorities*
There are 6,622 undergraduate students at Carnegie Mellon, with 6,341 being full-time and 281 being part-time.

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There are also 6,897 graduate students at the school.

Gender Diversity

Of the 6,341 full-time undergraduates at Carnegie Mellon, 50% are male and 50% are female.

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Racial-Ethnic Diversity

The racial-ethnic breakdown of Carnegie Mellon University students is as follows.

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Race/Ethnicity Number of Grads
Asian 2,201
Black or African American 250
Hispanic or Latino 587
White 1,568
International Students 1,038
Other Races/Ethnicities 697

Geographic Diversity

Pennsylvania students aren't the only ones who study at Carnegie Mellon University. At this time, 45 states are represented by the student population at the school.

Over 102 countries are represented at Carnegie Mellon. The most popular countries sending students to the school are China, India, and South Korea.

Online Learning at Carnegie Mellon University

15 Took All Classes Online
431 Took At Least One Class Online
-23.8% Avg Growth Over 4 Years
In 2019-2020, 431 students took at least one online class at the school.

The following chart shows how the online learning population at Carnegie Mellon has changed over the last few years.

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Online Affordability Rankings of Carnegie Mellon

During the most recent year for which we have data, the full-time undergraduate tuition at Carnegie Mellon University was $58,810 for both in-state and out-of-state students. The following table shows how Carnegie Mellon is ranked for affordability for both in-state and out-of-state students among colleges and universities that are not mostly online.

Major Tuition for In-State Students Tuition for Out-of-State Students
Actuarial Science #1 #1
Management Sciences & Quantitative Methods #56 #56
General Management Information Systems #71 #71

Online Growth Rankings of Carnegie Mellon

The average growth rate over the last four years of online students at Carnegie Mellon University was -23.8%. This is the #1,778 largest growth rate of all schools that are only partially online. This refers to all students at Carnegie Mellon regardless of major.

When we speak of partially online, we are referring to schools whose online population is less than 50% of its total student body. Mostly online refers to those with online populations greater than or equal to 50%.

Carnegie Mellon University Business Concentrations

The table below shows the number of awards for each concentration.

Major Bachelor’s Graduate Certificate Master’s Doctor’s TOTAL
Management Science 0 0 272 0 272
General Business Administration and Management 141 0 0 0 141
Actuarial Science 2 18 86 0 106
Econometrics & Quantitative Economics 45 0 6 7 58
Applied Economics 18 0 0 0 18
Applied & Professional Ethics 12 0 0 0 12
Other Management Sciences and Quantitative Methods 0 0 3 3 6
General Management Information Systems 0 0 3 0 3
Accounting 0 0 0 0 0
Interior Design Management 0 0 0 0 0
Operations Management 0 0 0 0 0
Business Economics 0 0 0 0 0
Other Entrepreneurial and Small Business Operations 0 0 0 0 0
Entrepreneurship 0 0 0 0 0
Finance 0 0 0 0 0
Other Finance and Financial Management Services 0 0 0 0 0
General Human Resources Management/Personnel Administration 0 0 0 0 0
Organizational Behavior Studies 0 0 0 0 0
International Business/Trade/Commerce 0 0 0 0 0
Marketing/Marketing Management, General 0 0 0 0 0
Other Management Information Systems and Services 0 0 0 0 0
Telecommunications Management 0 0 0 0 0
Other Economics 0 0 0 0 0
International Economics 0 0 0 0 0
TOTAL 218 18 370 10 616

References

*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.

More about our data sources and methodologies.

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