54. 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. 15, 2012
Second Round: Dec. 10, 2012
Third Round: Feb. 8, 2013
Fourth Round: April 8, 2013
Final Round: June 7, 2013
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 57.0 credits, an appropriate distribution of 27 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.
Lastest Up-to-Date Rankings:
Poets&Quants (2012): 54
BusinessWeek (2012): NR
Forbes (2011): 51
U.S. News & World Report (2012): 85
Financial Times (2012): 44 (U.S.), 83 (global),
The Economist (2012): 46 (U.S.), 99 (Global)
For the second consecutive year, the Katz Graduate School of Business gained additional ground eight places in Poets&Quants’ ranking of the best full-time MBA programs in 2012, rising two places to a rank of 54th. That’s after an eight-place gain the previous year from 64th. The latest improvement is largely due to a significantly better showing in U.S. News & World Report’s 2012 ranking and a ranking from The Financial Times which did not have the school on its list in 2011.
In U.S. News, Katz jumped to 68th from a rank of 85 in 2011. The Financial Times’ 2012 list, moreover, ranked the school 46th in the U.S. and 83rd in the world.
In 2011, Katz largely improved in our composite ranking due to its inclusion on the Forbes list, which ranks schools on the basis of return-on-investment. In 2011, Forbes ranked Katz 51st in the U.S. Previously, the school had not been included in Forbes’ ranking.
The big surprise for Katz in 2012 was BusinessWeek, which largely ranks schools on the basis of graduate satisfaction and a corporate recruiter opinion poll. In 2010, the magazine ranked the school 54th. But in 2012, Katz was a no show because of what BusinessWeek called an inadequate response rate on its employer survey. Falling off the BW list didn’t hurt the school because of its improved ranking from U.S. News and its inclusion on the FT list.
Tuition & Fees: $44,040 (resident)
Tuition & Fees: $57,716 (non-resident)
Median GMAT: 614
GMAT Range (mid-80%): 500-690
Average GPA: 3.28
Acceptance Rate: 36%
Full-Time MBA Enrollment: 171
African American: 11%
Hispanic or Latino American: 10%
Mean Age: 26
Average 2012 Base Salary: $76,136
Average 2012 Signing Bonus: $9,550
Percentage of Class of 2012 MBAs with Job Offers at Graduation: 80%
Percentage of Class of 2012 MBAs with Job Offers Three Months Later: 92%
Top recruiting organizations for Class of 2012:
- Deloitte 8
- Crane 5
- SDLC Partners 3
- PNC 2
- IBM 2
Where the Class of 2012 Went To Work:
- Consulting: 28%
- Manufacturing: 23%
- Technology: 13%
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. That’s how our students continually impress corporate recruiters with their ability to hit the ground running and make a difference on day one.
Customize Your MBA We know everyone’s situation is different, which is why Katz offers five MBA programs:
- One-Year MBA The world’s first to offer this type of program, we compress our MBA program into a rigorous format that halves the amount of time that you have to leave 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 executive skills and provides immersion learning on three continents.
- Joint and Dual Degrees There are six options to 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 based upon the philosophy 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. Through two types of ethics and leadership fellows programs, students work on the boards of nonprofits and assess the Corporate Social Responsibility programs of Western Pennsylvania companies. 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 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. They embrace entrepreneurship as a frame of mind that enables them to envision cutting-edge research questions, apply new ideas to business models, and to take risks with transformative results.
Tailored Career Management The Katz Career Management team 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 to help organizations 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 GRPs are three-credit courses during 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, 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, or 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 2012, $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 teams at every step of the way. Since our students are 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. It is part of what we believe is the need breed of leadership: the open-minded collaborator.
Grow Your Network Katz MBAs join an exclusive alumni family. There are 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 and is raising money for student scholarships. Our students can 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.