Graduate School of Industrial Administration
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Former names
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Graduate School of Industrial Administration (1949-2004) |
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| Type | Private Business School |
| Established | 1949 by William Larimer Mellon |
| Endowment | $113 Million |
| Dean | Robert M. Dammon |
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Academic staff
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107 |
| Undergraduates | 349 |
| Postgraduates | 851 |
| 105 | |
| Address | 5000 Forbes Avenue, Pittsburgh, PA, United States |
| Campus | Urban |
| Website | tepper.cmu.edu |
| Business school rankings | |
|---|---|
| Worldwide MBA | |
| Business Insider | 22 |
| Economist | 30 |
| Financial Times | 33 |
| U.S. MBA | |
| Bloomberg Businessweek | 15 |
| Forbes | 19 |
| U.S. News & World Report | 18 |
| U.S. undergraduate | |
| Bloomberg Businessweek | 17 |
| U.S. News & World Report | 6 |
The Tepper School of Business is the business school of Carnegie Mellon University. It is located in the university’s 140-acre (0.57 km2) campus in Pittsburgh, Pennsylvania, US.
The school offers degrees from the undergraduate through doctoral levels, in addition to executive education programs.
The Tepper School of Business was originally known as the Graduate School of Industrial Administration (GSIA), which was founded in 1949 by William Larimer Mellon. In March 2004, the school received a record $55 million gift from alumnus David Tepper and was renamed the "David A. Tepper School of Business at Carnegie Mellon".
A number of Nobel Prize–winning economists have been affiliated with the school, including Herbert A. Simon, Franco Modigliani, Merton Miller, Robert Lucas, Edward Prescott, Finn Kydland, Oliver Williamson, Dale Mortensen, and Lars Peter Hansen.
In 1946, economist George Bach was hired by the Carnegie Institute of Technology (predecessor of Carnegie Mellon University) to restart the school’s economics department. Bach had previously been working at the Federal Reserve during World War II. He added William W. Cooper from the field of Operations Research (which had increased its visibility during the war) and Herbert A. Simon, a political scientist who was to direct the undergraduate business program. The beginnings of the Cold War were applying pressure on the academic community to increase US managerial ability, and when William Larimer Mellon gave a $6 million grant to found a school of industrial administration, Bach became the first dean, bringing along the entire economics department.
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