43. University of Pittsburgh’s Joseph M. Katz Graduate School of Business
University of Pittsburgh’s Joseph M. Katz Graduate School of Business301 Mervis Hall
Pittsburgh, Pennsylvania , 15260
First Round: Oct. 1, 2014
Second Round: Dec. 1, 2014
Third Round: Feb. 1, 2015
Fourth Round: April 1, 2015
The University of Pittsburgh’s Katz Graduate School of Business has two full-time MBA options: a one-year program and a two-year program. Both are fairly small, intimate experiences with the school entering less than 100 students in each of the past two years–and both are filled with a good bit of experiential learning opportunities to offset the younger age of the students here who tend to have a bit less work experience.
The Katz two-year MBA program is designed for those who seek a traditional graduate business education. Students gain real-world experience through an optional professional internship following the first year of study or through Katz Consulting Field Projects, electives, community service projects, and interactions with business leaders during case competitions and campus visits.
Degree requirements for the program include a minimum of 57 credits, an appropriate distribution of 22.5 credits of required core courses and 30 credits of elective courses, a maximum of 15.0 credits per term, and a minimum cumulative quality point average of 3.0.
Katz two-year students start in August and graduate 20 months later in April.
Latest Up-to-Date Rankings:
Poets & Quants (2014): 61
Businessweek (2014): 35
Forbes (2013): 48
U.S. News & World Report (2015): 52
Financial Times (2014): 40 (U.S.)
The Economist (2014): 43 (U.S.)
In U.S. News, Katz jumped to 52nd from a rank of 85 in 2011, making Katz the fastest rising program in the ranking over the past three years. The Financial Times’ 2013 list, moreover, ranked the school in the top 20 among public institutions and the #1 salary in increase in the United States.
In 2013, Forbes and The Economist, which rank schools on the basis of return-on-investment, ranked Katz in the top 25 among public institutions and as the #1 return on investment in the United States per The Economist.
Program Costs: $48,964 (resident) / $63,632 (non-resident)
Median GMAT: 628
GMAT Range (mid-80%): 550-700
Average GPA: 3.37
Acceptance Rate: 25%
Full-Time MBA Enrollment: 158
Mean Age: 26
Average 2014 Base Salary: $80,096
Average 2014 Signing Bonus: $8,727
Percentage of Class of 2014 MBAs with Job Offers at Graduation: 87%
Percentage of Class of 2014 MBAs with Job Offers Three Months Later: 96%
Top recruiting organizations for Class of 2014:
- Crane Company: 7
- Nationwide Insurance: 6
- SDLC Partners: 2
- PNC: 2
Where the Class of 2014 Went To Work:
- Manufacturing: 37%
- Financial Services: 26%
- Consulting: 8%
- Other: 18%
Are You Ready? You Can Be.® At Katz, we’ve designed our program around one constant: Business never stops reinventing itself — and neither should our students. But true agility depends on a solid foundation. That’s why the Katz tool kit offers a thorough grounding in the fundamentals and an array of global experiences. It’s an education that sharpens instincts and makes bold decisions second nature. Our graduates hit the ground running and make a difference on day one, adding value to organizations of all types and sizes.
Customize Your MBA
- One-Year MBA The world’s first to offer this type of MBA we compress our MBA program into a rigorous format that limits your time away from the workforce.
- Two-Year MBA The traditional-style MBA gives you a comprehensive understanding of business operations. Our program is rooted in experience-based learning, internships, team-building, and networking activities.
- Part-Time MBA Designed with the working professional in mind, the program enables you to continue working while earning your MBA.
- Executive MBA Built for mid-level and senior managers, the program enhances strategic vision and provides immersion learning in the program’s locations in Pittsburgh, Prague, and São Paulo.
- Joint and Dual Degrees Pair your MBA with a master’s degree in either law, engineering, information systems, international business, international development, or public and international affairs.
Experience-based Learning The Katz MBA is rooted in the principles of experience-based (EBL) learning. Through Consulting Field Projects, students work as management consultants on challenging projects for real companies. Past clients have included Westinghouse Electric, Thomson Reuters, Philips, Inc., Bank of New York Mellon, and UPMC, among many others. Through the Woodcock Leadership Fellows program, students are embedded into the boards of directors of nonprofit organizations, and through the BNY Mellon CSR Fellowship program, students assess the corporate social responsibility programs of Western Pennsylvania companies. At a fundamental level, practically every Katz course incorporates case studies, group projects, and assignments tied to current events. The active learning model prepares you to think on your feet, so you can stand tall in a world of splintering markets.
Pittsburgh is More Than Our Address The world can learn a lot from Pittsburgh’s civic reinvention. How do you grow new business in the face of economic upheaval? What’s the best way for private and public sectors to work together for the common good? What strategies build resilience day by day? We’re proud to live in a city that’s continually searching for innovative answers to those questions. Pittsburgh is home to numerous Fortune 500 companies with their headquarters or regional offices in the region. In recognition of Pittsburgh’s abundance of culture, natural geographic beauty, and economic diversity in the health care, computer science, robotics, engineering, and energy sectors, Pittsburgh has been rated as a top place in the US to live or visit by Forbes, The Economist, National Geographic, and Places Rated Almanac.
Concentrations and Certificates The Katz MBA provides a solid grounding in management fundamentals and exposure to global opportunities. We offer six types of concentrations, enabling students to specialize in finance, information systems, marketing, operations management, strategy, or organizational behavior and HR management. Furthermore, we require that full-time students earn one of nine types of certificates to further refine their focus. The certificates, which are shaped by market demand, contain a mandatory experience-based learning component. We recently revised our MBA curriculum to give students greater flexibility so that they can take more electives and fewer core courses.
Award-Winning Faculty Katz faculty members bring their latest research to life in the classroom. Students interact closely with faculty members and can take advantage of their mentorship. It’s a point of pride that our professors are accessible and approachable, as many have won University of Pittsburgh awards and Katz teaching awards. Our faculty members serve as editors of many top research journals and have been recognized with numerous awards for their publications. Katz faculty have a results-oriented focus toward solving pressing issues in business and society. By embracing entrepreneurship as a frame of mind, they envision cutting-edge research questions, apply new ideas to business models, and take risks with transformative results.
Tailored Career Management The Katz Career Management Center is committed to helping students find the right position at the right company. The staff builds and maintains relationships with top employers nationally and in Western Pennsylvania. Career Management works closely with other units of Katz to ensure that our students have the critical skill sets and character necessary for success. We provide students with personalized coaching and assistance with job search planning and post-MBA career management. Our staff also collaborates with corporate partners to develop individualized strategies so that organizations can maximize their recruiting efforts. The Katz Executive-in-Residence program gives students access to former executives, who are now part of our Career Management team.
Global Opportunities Katz MBAs experience international business firsthand by completing a Global Research Practicum(GRP) or Global Business Project (GBP). The GRP is a three-credit course in which students travel abroad and augment their learning with site visits to companies. Students must then complete a research project on a particular business issue. The GBP, which is available to our students through the school’s International Business Center, is a three-credit course that gives Katz students the opportunity to travel abroad and complete a consulting project. In this case, our students work with MBA students from other top U.S. business schools. Past trips have been held in Brazil, China, India, and Thailand.
Innovation Drives Us We instill an entrepreneurial spirit into the structure of our curriculum, case competitions, and extra-curricular activities. Our showcase event is the annual Randall Family Big Idea Competition, which draws students from across the University of Pittsburgh, who present their business ideas to a panel of business leaders. In 2013, $85,000 in prize money was awarded to students for their startup ideas. Our Institute for Entrepreneurial Excellence, which is one of five centers of specialized knowledge at the school, helps start-up ventures get up off the ground and provides support to small businesses throughout Western Pennsylvania.
Collaboration is Key Our students serve on project-based teams at every step of the way. Since our students represent a diverse class, both in cultural backgrounds and professional experience, this exposes you to new and different ways of thinking. We have been rated No. 1 in teamwork by Bloomberg Businessweek. Our goal is to mold graduates who excel individually and as part of cross-functional teams. Today’s flattened corporate hierarchies require a new breed of leader: the open-minded collaborator.
Grow Your Network Katz MBAs join the alumni family of more than 23,000 Katz alumni in more than 90 countries around the world. This global network of alumni ensures that our students and alumni have a professional network to call on wherever their studies or careers take them. The Katz alumni network includes prominent leaders in business, including many CEOs, presidents, chief financial officers, and owners or founders.
Strength in Differences Katz strives to enroll men and women of all backgrounds. During the past three years, diversity student applications to Katz MBA programs have increased 144 percent and the number of diversity students admitted has increased 85 percent. Our graduates formed the Pitt Black MBA Network (PBAN), which assists the school in recruiting diversity students and faculty, in addition to raising money for student scholarships. Our students take advantage of a number of national diversity organizations, including the National Black MBA Association, National Society of Hispanic MBAs, Association of Latino Professionals in Finance and Accounting, and MBA Women International.