Tepper School Master of Science in Management (MSM)

Division of Enrollment Management › Student Financial Services › Cost of Attendance › 2026-2027 Graduate Tuition › Tepper School of Business › Tepper School Master of Science in Management (MSM)

PLEASE NOTE: The 2026-2027 Graduate Student Activities Fee was updated July 29, 2026, to $124 per semester ($248 per academic year) to reflect the Carnegie Mellon Graduate Student Assembly's approved increase for the year.

2026-2027 Cost of Attendance

Cohort Tuition

Cohort tuition remains constant for the length of the program.

	Fall 2026	Spring 2027
Fall 2026 Entering Cohort	$695 per unit	$695 per unit

Students Entering in 2026

	Fall 2026	spring 2027	Academic Year
Tuition	See above	See above	See above
Living Expenses - Housing	$5,175	$5,175	$10,350
Living Expenses - Food	$2,588	$2,588	$5,176
Books, Course Materials, Supplies, Equipment	$363	$363	$726
Travel Allowance	$1,610	$1,610	$3,220
Misc. Personal Expenses	$5,262	$5,262	$10,524
Activity Fee	$124	$124	$248
Transportation Fee	$151	$151	$302
Technology Fee	$245	$245	$490
Health Insurance (Estimate)	$3,352		$3,352
Estimated Loan Fees*	$750	$750	$1,500
TOTAL	$19,620 + tuition	$16,268 + tuition	$35,888 + tuition

*For students who borrow federal loans.

Please Note:

99 credits are required for graduation
Tepper Master's tuition rates and fees are evaluated annually and are subject to change.
Tuition, university fees, and health insurance are charged to your student account. You have the option of opting out of the health insurance cost if you have existing coverage.
Students may choose to borrow for non-tuition costs like room and board, even though these costs are not charged to the student account.
A laptop computer with an additional estimated cost of $1,500 is required. Students may make a one-time request to borrow up to $1,500 to cover the documented purchase of a laptop computer for school use.
Students who must retake a course or complete additional coursework due to a failing/non-passing grade will be charged tuition for the units associated with the additional coursework.

View MSM Program details

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