The Tepper School of Business at Carnegie Mellon made possible by a generous $55 million gift by David A. Tepper (MBA 1982). This gift represents the largest financial gift in the 104-year history of Carnegie Mellon University.
In recognition of this transformational gift, the school, renowned worldwide for its pioneering role in introducing management science to higher education and corporate management practices, will be named the David A. Tepper School of Business at Carnegie Mellon.
This historic gift accelerates the school's plans for achieving its vision to own the space in which business and technology intersect. In conjunction with the March 19, 2004, naming announcement, the Tepper School of Business at Carnegie Mellon also shared details regarding four key areas in which plans for immediate investment were announced.
Nearly doubling the school's current endowment, the recent gift competitively positions the school with other top-ranked programs. The financial resources now available ensure ongoing resources for academic and strategic initiatives among the school's various academic programs:
Mr. Tepper is president and founder of Appaloosa Management, a $3 billion hedge fund investment firm based in Chatham, N.J. The firm was rated among the top Wall Street performers of 2003.
Founded in 1949 by William Larimer Mellon as the Graduate School of
Industrial Administration, the school is a pioneer in the field of
Please explore this special site for details of the gift and an up-close look at the Tepper School of Business at Carnegie Mellon. Visit us throughout the coming months as we continue to share exciting news and events.