Carnegie Mellon University Business Administration (Bachelor's): Tuition, Graduate Salary, and Debt

  • Bachelor's in Business Administration, Management and Operations
  • Private nonprofit university
  • Pittsburgh, PA
  • About 151 graduates a year

College Scorecard June 2026 release · BLS wages May 2025

The short answer

Carnegie Mellon University business administration graduates earn more than graduates of most business administration programs nationally, $95,891 in their first year. The typical graduate leaves with $23,250 in federal loans, close to the national median of $26,000. It is one of the higher-paying business administration degrees in Pennsylvania.

First-year earnings$95,891Top 1% of 1,105 programs nationally
Earnings after 5 years$159,08866% more than year one
Median federal debt$23,2507th lowest of 65 Pennsylvania programs
Debt-to-earnings24%Pennsylvania median 58%, national 55%

How it compares

Each figure is the median for graduates of the program. The Pennsylvania and national columns are the medians across all business administration bachelor's programs that report the figure.

Five years out, Carnegie Mellon University graduates earn more than the national figure and about $94,025 more than the Pennsylvania median.

Debt and first-year pay at every Pennsylvania business administration program

Programs in the upper left give graduates higher pay for less debt. Dashed lines mark the Pennsylvania medians.

Carnegie Mellon UniversityOther Pennsylvania programs

Hover over or tap a dot to see the school. Only programs that report both earnings and debt are shown.

What graduates earn over time

Pay rises about 66% between the first and fifth year.

Carnegie Mellon University grads, year 1$95,891
Carnegie Mellon University grads, year 5$159,088
All Pennsylvania business administration grads, year 5$65,063

Year 1 and year 5 figures come from different graduating classes, so the growth rate is an estimate.

Does family income change the outcome?

Graduates who received Pell Grants, which go to students from lower-income families, earned $22,681 less in their first year than other graduates. Students who expect to rely on grants should weigh this gap.

Pell Grant recipients, year 1 earnings$82,036
Other graduates, year 1 earnings$104,717

Paying back the loans

On a standard 10-year plan, the median debt means a payment of about $246 a month, or 3.1% of a graduate's typical monthly pay in the first year.

The government publishes these as ranges to protect privacy. They were measured in 2018 to 2020, partly during the pandemic pause on federal loan payments, so the forbearance share may be higher than usual.

Where graduates work, and what the pay is worth

Prices in the Pittsburgh area are about 5% below the national average, so a $95,891 salary here buys what about $101,289 buys in a typical US city.

Careers this field leads to

These are the jobs that the federal crosswalk from fields of study to occupations links to business administration, largest first. Pay is the median across all experience levels.

General and Operations Managers

$103,130

Median pay in Pennsylvania. 172,010 people work in this job in Pennsylvania. Nationally, jobs are projected to grow 5% from 2025 to 2035, with about 285,000 openings a year. Typical education to start: bachelor's degree, plus 5 years or more of related work experience.

Bottom 10%: $49,990Top 10%: $220,530

First-Line Supervisors of Office and Administrative Support Workers

$65,270

Median pay in Pennsylvania. 56,600 people work in this job in Pennsylvania. Nationally, jobs are projected to stay about the same in number from 2025 to 2035, with about 127,400 openings a year. Typical education to start: high school diploma or equivalent, plus less than 5 years of related work experience.

Bottom 10%: $45,000Top 10%: $97,560

First-Line Supervisors of Retail Sales Workers

$46,690

Median pay in Pennsylvania. 40,970 people work in this job in Pennsylvania. Nationally, jobs are projected to shrink 4% from 2025 to 2035, with about 113,500 openings a year. Typical education to start: high school diploma or equivalent, plus less than 5 years of related work experience.

Bottom 10%: $30,830Top 10%: $73,880

Project Management Specialists

$100,150

Median pay in Pennsylvania. 36,150 people work in this job in Pennsylvania. Nationally, jobs are projected to grow 7% from 2025 to 2035, with about 76,500 openings a year. Typical education to start: bachelor's degree.

Bottom 10%: $61,600Top 10%: $160,560

About Carnegie Mellon University

Business Administration ranks 3rd of 11 bachelor's programs at Carnegie Mellon University by first-year earnings. The top three are Computer Science ($171,264), Electrical Engineering ($139,337), and Business Administration ($95,891).

Other business administration bachelor's programs near Pittsburgh

Common questions

The median graduate earns $95,891 one year after graduating and $159,088 five years after. The median across business administration bachelor's programs in Pennsylvania is $46,866.

About this data

  • Earnings and debt only include students who received federal financial aid (grants or loans).
  • Earnings only count graduates who were working and not enrolled in more school. Graduates who went straight to further study are not included.
  • Debt only includes federal loans. Private loans and credit cards are not counted.
  • Some schools with several campuses report one combined figure for all of them. We count each of those schools once, and leave them out of Pennsylvania comparisons when their main campus is in another state.
  • Scorecard figures describe graduating classes from several years ago. BLS wages are from May 2025.
  • School-level numbers like tuition, admission rate, and graduation rate are for the whole school, not the business administration program.

Sources

  1. U.S. Department of Education, College Scorecard, field of study and institution files, June 2026 release
  2. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025
  3. Bureau of Labor Statistics, Employment Projections 2025 to 2035
  4. Bureau of Economic Analysis, Regional Price Parities, 2024
  5. NCES, CIP 2020 to SOC 2018 crosswalk, and IPEDS institution directory, 2024

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