David A. Tepper School of Business
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The David A. Tepper School of Business, located at Carnegie Mellon University in Pittsburgh, Pennsylvania, consistently ranks among the top business schools in the world.
Its concentrations include finance, entrepreneurship, operations management, and information technology.
Previously called the Graduate School of Industrial Administration, the school was founded in 1949 by William Larrimer Mellon. Since then the school has distinguished itself by focusing on developing the scientific principles that underlie business management.
Many of the Tepper School's innovations have been adopted by other business schools around the globe. It pioneered the "quantitative" or "fundamental analysis" based approach to teaching management, as separate from the "case-study" based approach developed originally at the 'Harvard Business School'. It also pioneered the use of computer simulation for experiential learning of business roles via the 'Management Game'.
The Tepper School's faculty have won wide acclaim for research which spans all of the functional areas of business and economics. The school has also produced six Nobel laureates in Economics: Robert Lucas Jr, Merton Miller, Franco Modigliani, Herbert Simon, Finn E. Kydland and Edward Prescott.
The Graduate School of Industrial Administration was renamed the Tepper School of Business on March 19, 2004 in recognition of a record $55 million donation from a Wall Street investor - David A. Tepper.