Booth and Tepper are two of the most competitive MBA programs in the country, but they differ in key areas. Booth holds a stronger US News ranking. Booth reports a higher median base salary. Tepper offers lower annual tuition, and Tepper delivers the stronger 5-year ROI. Booth is the more selective program by acceptance rate.
| Metric | Booth | Tepper |
|---|---|---|
| Rankings | ||
| US News Rank | #32026 | #162026 |
| Bloomberg BBW Rank | #72024 | #172024 |
| Financial Times Rank | #52025 | #302025 |
| QS Global MBA Rank | #52025 | #282025 |
| Admissions & Financials | ||
| Annual Tuition | $80,040 | $69,800 |
| Median Base Salary | $190,000 | $170,000 |
| 5-Year ROI | 493% | 509% |
| Class Size | 614 | 211 |
| Acceptance Rate | 20.4% | 28.0% |
| Median GMAT | 730 | 710 |
| Average GPA | — | — |
Green = better value per metric. Rankings: lower rank number = better. Salary & ROI: higher = better. Acceptance rate & tuition: lower = better.
Chicago Booth is renowned for its flexible curriculum and analytical approach to business education. With a focus on data-driven decision-making and economic theory, Booth produces graduates who excel in consulting, finance, and entrepreneurship. The school is known for its intellectual rigor and diverse student body.
Carnegie Mellon Tepper is known for its quantitative and analytical approach to business education. With strong ties to CMU's computer science and engineering programs, Tepper is ideal for students interested in business analytics, operations, and technology management.
Booth is a top M7 program; Tepper is a highly ranked T15 school. Booth ranks higher in US News, but Tepper delivers a stronger 5-year ROI of 509%. The best choice depends on your career goals and preferred location.
Booth is more selective with a 20.4% acceptance rate, compared to 28.0% for Tepper.
Booth reports a median base salary of $190,000, while Tepper reports $170,000. Actual salary varies significantly by industry and function.
Booth annual tuition is $80,040 and Tepper is $69,800. Tepper offers a 10,240 lower annual cost.
Now see where you rank against these programs
Plug in your GPA, GMAT, and experience to get a live 0–100 competitiveness score.