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Report pulled 3/5/26. For planning purposes only. Courses subject to change.
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This list contains all graduate-level courses at CMU for summer 2026 marked with a REO modality as of the report date. Having an REO modality does not mean that students outside the offering department will be allowed to enroll or that the course will count toward your degree requirements. Please consult your graduate advisor before enrolling in courses.
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SEMESTER
COLLEGE
DEPARTMENT
COURSECOURSE TITLEDESCRIPTIONSECTION
REQUIRED SECTION
UNITS
SECT TYPE
MINI
GRAD/UNDER
DAY
BEGIN TIME
END TIMEBUILDINGROOM
INSTRUCTORS
CALENDAR
TEACHING LOCATION
TEACHING MODALITY
ROOM CAPACITY
MAX ENROLLMENT
ACTUAL ENROLLMENT
WAITLIST SIZE
CONFIRM
CROSS-LISTED COURSES
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M26CIT
Electrical & Computer Engineering
18613Foundations of Computer Systems (FNDS COMP SYS)
This course provides a programmer's view of how computer systems execute programs, store information, and communicate. It enables students to become more effective programmers, especially in dealing with issues of performance, portability and robustness. It also serves as a foundation for courses on compilers, networks, operating systems, and computer architecture, where a deeper understanding of systems-level issues is required. Topics covered include: machine-level code and its generation by optimizing compilers, performance evaluation and optimization, computer arithmetic, processor architecture, memory organization and management, networking technology and protocols, and supporting concurrent computation. This course is modeled after 15-213/18-213/15-513, and is intended for ECE MS students with expanded course contents presented at the graduate level. It prepares students for other graduate level computer systems courses as well as working in the industry. Anti-requisites: 15213, 18213, 14513, 15513, 18600
A12 unitsLNGTWR11:00AM12:20PMCMUREMOTE
Kesden, G (gkesden)
Pgh Summer Full M26
PITREO9993000C
5
M26CIT
Electrical & Computer Engineering
18651
Full-Stack Software Development for Engineers (FUL STK SOFT DEV ENG)
This course introduces the principles, concepts, technologies, and practices of full-stack software development for creating end-to-end web applications using a classical client-server architecture and the model-view-controller pattern. Students acquire basic frontend and backend development skills and learn how to apply modern development practices in the context of an individual project using the plain web stack for the frontend, TypeScript and a NoSQL database layer for the backend, and other common libraries, light-weight frameworks, and tools as adjuncts. The course also reviews fundamental concepts including types, objects, multi-paradigm programming (functional and object-oriented), modularity, asynchronous and event-based computation, authentication and authorization, and dynamic updates. Students practice how to version-control their codebase, manage a small project, incrementally transform requirements expressed as user stories into working software, maintain code quality using static analysis tools, build their application on an integration server, and deploy it on the cloud. To enroll in this course, students must already be proficient in imperative programming using multiple languages and familiar with the basics of algorithms and data structures. Each student will need their own laptop computer to use in the course. This course is crosslisted with 18351. Although students in 18-351 and 18-651 will share lectures, quizzes, and all in-class components, students in 18-651 will be assigned two additional and more advanced deliverables for the project component.
A12 unitsLNGTR06:00PM07:50PMCMUREMOTE
Wlodarski, R (rwlodars)
Pgh Summer Full M26
PITREO999500C18351 A
6
M26HC
Heinz College Wide Courses
94806Privacy in the Digital Age (PRIVACY DIGITAL AGE)Privacy is a complex and multi-faceted concept. This course combines technical, economic, legal, psychological, ethical, and policy perspectives to present a holistic view of its role and function in the digital age.

The reduction of the cost of storing and manipulating information has led organizations to capture increasing amounts of information about individual behavior. New trade-offs have emerged for parties involved with privacy-enhancing or intrusive technologies: individuals want to avoid the misuse of the information they pass along to others, but they also want to share enough information to achieve satisfactory interactions; organizations want to know more about the parties with whom they interact, but they do not want to alienate them with policies deemed as intrusive. Is there a "sweet" spot that satisfies the interests of all parties? Is there a combination of technological solutions, economic incentives, and legal safeguards that is acceptable for the individual and beneficial to society? This course tries to address the above questions.
Z66 unitsLYGTBADNMDNM
Peca, J (jpeca)
HC Pgh Mini 6 M26
PITREO9993000C
7
M26HC
Heinz College Wide Courses
94869Conflict Resolution (CONFLICT RESOLUTION)
Conflict is an inherent part of our social experience and present at all levels of our interactions, from intra- and interpersonal to intergroup and international. It can be simple and easily addressed or long lasting and complex. It can be destructive or spur our creativity. We experience conflict daily in our personal and professional lives: in our families, communities, organizations, and across international boundaries. This course introduces concepts and theories to create a foundational understanding of the sources of conflict, analyze conflict situations, and identify approaches and strategies that shift conflict from destructive to constructive processes. Through this material you will build a foundation of conflict theories and frameworks rooted in social psychology, law, political science, social work, and business; explore and build awareness of your personal perspectives about conflict and conflict resolution; and learn to appropriately select and apply theories and concepts to analyze a conflict. The course will challenge you to develop self-awareness around your biases and perspectives through readings, lectures, group discussions and critical reflections.
Z66 unitsLYGT06:00PM08:50PMCMUREMOTE
Basma, D (dbasma)
HC Pgh Mini 6 M26
PITREO9991500C
8
M26SCS
Software & Societal Systems
17630Prompt Engineering
Prompt Engineering examines the science behind language model prompting and the strategies by which to design prompt-based systems. Students in this course will learn a brief history of large language models (LLM) as well as contemporary approaches to LLM design and development, such as instruction-tuning, alignment, and calibration. Under alignment, students will study hallucinations, bias, sycophancy, immorality and deception by LLMs. Students will learn about contemporary prompt engineering strategies and techniques, including chain-of-thought, retrieval augmented generation (RAG), tool usage, various ways to self-prompt for response verification and consistency and agent-based prompting, including the use of personas, and benefits of agent-based debate and collaboration. The course covers standard prompt engineering benchmarks and evaluation metrics to evaluate the efficacy of prompt designs. Finally, students will practice using cloud-based language models to complete coursework. Various options exist, including OpenAI's GPT, Google's Gemini, multiple models, including Anthropic's Claude, available on Amazon Bedrock. Class tutorials exist to guide students on how to setup and use one of these services.
D12 unitsLNGTR2:00 PM3:20 PMCMUREMOTE
Breaux, T (tdbreaux)
Pgh Summer Full M26
PITREO9993000C
9
M26SCS
Software & Societal Systems
17636
DevOps: Engineering for Secure Development and Deployment (DEVOPS: ENG SEC D&D)
Modern computing systems are frequently hosted on the cloud. That is, they are inherently distributed systems. To appropriately build and deploy these systems developers should know not only about development tools such as container management tools but also the structure of the cloud - in particular how it utilizes virtual machines, containers and networks. They should also understand security mechanisms both in the internet and how to authorize users and maintain credentials securely. Finally, to protect the system once it is placed into production, a developer needs to know how to enable the detection of problems during execution through collection and navigation of logs produced by the system. These are the topics covered by this course.
D12 unitsLNGTR07:00PM08:20PMCMUREMOTEAldrich, J
Pgh Summer Full M26
PITREO9995000C
10
M26SCS
Software & Societal Systems
17667Internship for Software Engineers (INTERNSHIP FOR SE)
Internship for Software Engineers is a course for students who must complete a required summer internship in the MSE-SS and MSE-ES professional programs. The internship should be in the field of Software Engineering and approved by the MSE program prior to enrolling in the course. Students will be required to reflect on their internship and what they have learned to receive credit.
I3 unitsINGTBADNMDNM
Berardone, J (jberar); Balobeshkina, A (abwalker)
Pgh Internship Summer M26
PITREO9994700C
11
M26SCS
Software & Societal Systems
17679
Paper Writing for Industrial Software Research (PPR WRTG SE RESEARCH)
Expository writing is used to present facts in a manner that supports a thesis. Successful thesis writing frequently requires identifying the audience, identifying and assessing facts for their relevancy and credibility to the thesis, and ensuring that conclusions are scoped and directly follow from facts. This course will introduce students to the software engineering thesis writing process with a specific focus on reflective practice. Students will work to identify a thesis topic based on their experience and interests, they will conduct a literature review to identify related work, will engage in reflective writing and learn to critique this writing. This course is for students enrolled in the Masters of Software Engineeirng program who are completing the research writing course option.
D6 unitsLNGW05:00PM06:20PMCMUREMOTE
Miranda, E (mirandae); Schmerl, B (schmerl)
Pgh Summer Full M26
PITREO9991500C
12
M26SCS
Software & Societal Systems
17697Directed Study (DIRECTED STUDY)This course is for Master of Software Engineering Online program students only.D
variable units
TNGTBADNMDNM
Breaux, T (tdbreaux)
Pgh Summer Full M26
PITREO999500C
13
M26SCS
Software & Societal Systems
17699Independent Study (INDEPENDENT STUDY)
This independent study is for Master Software Engineering and Master of Science in Information Technology - Software Engineering on-campus students only.
A
variable units
TNGTBADNMDNM
Garlan, D (dg4d); Schmerl, B (schmerl)
Pgh Summer Full M26
PITREO9991000C
14
M26SCS
Software & Societal Systems
17699Independent Study (INDEPENDENT STUDY)
This independent study is for Master Software Engineering and Master of Science in Information Technology - Software Engineering on-campus students only.
D
variable units
TNGTBADNMDNM
Cohen, W (wcohen)
Pgh Summer Full M26
PITREO9991000C
15
M26TSB
Business Administration
45741
Managing Networks & Organizations (MNG NETWKS & ORGNZTN)
This course is designed to improve your effectiveness a manager by introducing you to social network concepts and tools as they apply to organizations. A central objective of the course is understanding organizational structure, behavior, dynamics, and environment. You will develop the skills to understand social networks and learn to recognize key elements of your own and others' social networks that enhance competitive capabilities. Topics to be covered include how social networks affect power and influence, leadership, innovation and the generation of novel ideas, careers, organizational change and competitive advantage. At the conclusion of this course you will have the skills to map out social networks, diagnose features of the networks that either help or hinder the performance of individuals, groups and companies, and be able to manage important features of social networks in organizations. To connect theory with practice, empirical examples will be drawn from both academic articles and cases, covering a wide range of industries.
M66 unitsLYGR08:30PM09:45PMCMUREMOTE
Aven, B (aven)
MBA Pgh Mini 6 M26
PITREO9994900C
16
M26TSB
Business Administration
45741
Managing Networks & Organizations (MNG NETWKS & ORGNZTN)
This course is designed to improve your effectiveness a manager by introducing you to social network concepts and tools as they apply to organizations. A central objective of the course is understanding organizational structure, behavior, dynamics, and environment. You will develop the skills to understand social networks and learn to recognize key elements of your own and others' social networks that enhance competitive capabilities. Topics to be covered include how social networks affect power and influence, leadership, innovation and the generation of novel ideas, careers, organizational change and competitive advantage. At the conclusion of this course you will have the skills to map out social networks, diagnose features of the networks that either help or hinder the performance of individuals, groups and companies, and be able to manage important features of social networks in organizations. To connect theory with practice, empirical examples will be drawn from both academic articles and cases, covering a wide range of industries.
O66 unitsLYGR07:00PM08:15PMTBATBA
Aven, B (aven)
MBA Pgh Mini 6 M26
PITREO9994900C
17
M26TSB
Business Administration
45741
Managing Networks & Organizations (MNG NETWKS & ORGNZTN)
This course is designed to improve your effectiveness a manager by introducing you to social network concepts and tools as they apply to organizations. A central objective of the course is understanding organizational structure, behavior, dynamics, and environment. You will develop the skills to understand social networks and learn to recognize key elements of your own and others' social networks that enhance competitive capabilities. Topics to be covered include how social networks affect power and influence, leadership, innovation and the generation of novel ideas, careers, organizational change and competitive advantage. At the conclusion of this course you will have the skills to map out social networks, diagnose features of the networks that either help or hinder the performance of individuals, groups and companies, and be able to manage important features of social networks in organizations. To connect theory with practice, empirical examples will be drawn from both academic articles and cases, covering a wide range of industries.
P66 unitsLYGR05:30PM06:45PMTBATBA
Aven, B (aven)
MBA Pgh Mini 6 M26
PITREO9994900C
18
M26TSB
Business Administration
45745Ethics and Leadership (ETHICS & LEADERSHIP)
This course introduces you to important ethical problems that you may face in contemporary business. ¿In particular, it is intended to bring up difficult ethical challenges and dilemmas, and to offer credible decision-making frameworks for coping with those challenges. Many of these challenges will involve justifying one's position to those in disagreement. To this end, the course emphasizes articulating reasoned arguments. It is neither intended to preach the esoteric wisdom of moral philosophers, nor convert sinners into moral saints. It is rather designed to assist you learn common patterns of success and failure. ¿It is intended to give you the opportunity to reflect on your own values as they apply to the job of the leader. Class sessions will primarily consist of games, collaborative case discussions, and explorations of theoretical frameworks for interpreting ethical challenges.
M66 unitsLYGT08:30PM09:45PMCMUREMOTE
Kim, T (twkim)
MBA Pgh Mini 6 M26
PITREO9994900C
19
M26TSB
Business Administration
45745Ethics and Leadership (ETHICS & LEADERSHIP)
This course introduces you to important ethical problems that you may face in contemporary business. ¿In particular, it is intended to bring up difficult ethical challenges and dilemmas, and to offer credible decision-making frameworks for coping with those challenges. Many of these challenges will involve justifying one's position to those in disagreement. To this end, the course emphasizes articulating reasoned arguments. It is neither intended to preach the esoteric wisdom of moral philosophers, nor convert sinners into moral saints. It is rather designed to assist you learn common patterns of success and failure. ¿It is intended to give you the opportunity to reflect on your own values as they apply to the job of the leader. Class sessions will primarily consist of games, collaborative case discussions, and explorations of theoretical frameworks for interpreting ethical challenges.
O66 unitsLYGT07:00PM08:15PMCMUREMOTE
Kim, T (twkim)
MBA Pgh Mini 6 M26
PITREO9994900C
20
M26TSB
Business Administration
45745Ethics and Leadership (ETHICS & LEADERSHIP)
This course introduces you to important ethical problems that you may face in contemporary business. ¿In particular, it is intended to bring up difficult ethical challenges and dilemmas, and to offer credible decision-making frameworks for coping with those challenges. Many of these challenges will involve justifying one's position to those in disagreement. To this end, the course emphasizes articulating reasoned arguments. It is neither intended to preach the esoteric wisdom of moral philosophers, nor convert sinners into moral saints. It is rather designed to assist you learn common patterns of success and failure. ¿It is intended to give you the opportunity to reflect on your own values as they apply to the job of the leader. Class sessions will primarily consist of games, collaborative case discussions, and explorations of theoretical frameworks for interpreting ethical challenges.
P66 unitsLYGT05:30PM06:45PMCMUREMOTE
Kim, T (twkim)
MBA Pgh Mini 6 M26
PITREO9994900C
21
M26TSB
Business Administration
45790Management Presentations (MANGMNT PRESNTATIONS)
This course provides opportunities to practice and hone your presentation skills, both with and without PowerPoint. Presentations are typically completed individually. All presentations are designed to prepare you for roles as managers and leaders in your organization.
M56 unitsLYGT08:30PM09:45PMCMUREMOTE
Walter, B (bwalter)
MBA Pgh Mini 5 M26
PITREO9993500C
22
M26TSB
Business Administration
45790Management Presentations (MANGMNT PRESNTATIONS)
This course provides opportunities to practice and hone your presentation skills, both with and without PowerPoint. Presentations are typically completed individually. All presentations are designed to prepare you for roles as managers and leaders in your organization.
O56 unitsLYGT07:00PM08:15PMCMUREMOTE
Walter, B (bwalter)
MBA Pgh Mini 5 M26
PITREO9993500C
23
M26TSB
Business Administration
45790Management Presentations (MANGMNT PRESNTATIONS)
This course provides opportunities to practice and hone your presentation skills, both with and without PowerPoint. Presentations are typically completed individually. All presentations are designed to prepare you for roles as managers and leaders in your organization.
P56 unitsLYGT08:30PM09:45PMCMUREMOTE
Dejeu, E (edejeu)
MBA Pgh Mini 5 M26
PITREO9993500C
24
M26TSB
Business Administration
45790Management Presentations (MANGMNT PRESNTATIONS)
This course provides opportunities to practice and hone your presentation skills, both with and without PowerPoint. Presentations are typically completed individually. All presentations are designed to prepare you for roles as managers and leaders in your organization.
Q56 unitsLYGT07:00PM08:15PMCMUREMOTE
Dejeu, E (edejeu)
MBA Pgh Mini 5 M26
PITREO9993500C
25
M26TSB
Business Administration
45806Entrepreneurial Alternatives (ENTPRNL ALTERNATIVES)
Entrepreneurial Alternatives will examine paths of entrepreneurship outside of high-growth, new venture creation. In particular, the course will focus on tactical elements of business acquisition and franchise purchase including target evaluation, financial analysis of targets, business valuation, deal structuring, financing of purchases, and post-purchase operations and integration. In addition to its focus on business acquisition and franchise purchase, this course will explore other alternative entrepreneurial paths including social entrepreneurship and corporate entrepreneurship.
M56 unitsLYGR08:15PM09:30PMCMUREMOTE
Caric, L (lcaric)
MBA Pgh Mini 5 M26
PITREO9994900C
26
M26TSB
Business Administration
45832Brand Strategy (BRAND STRATEGY)
This course covers why brands are important, what they represent to consumers, how companies currently manage their brands, and strategies for creating and sustaining brand equity.
M66 unitsLYGM08:30PM09:45PMCMUREMOTE
Murphy, M (mmurphy1)
MBA Pgh Mini 6 M26
PITREO9994000C
27
M26TSB
Business Administration
45848Ethics and AI (ETHICS AND AI)
This course will explore the ethical challenges that businesses face when making use of AI, map out policies which have been proposed as solutions to these challenges, and analyze the normative arguments behind these policies. The goal of the course is to acquire the skills necessary to understand the ethical challenges which emerge from AI, and develop responsible corporate practices around these technologies. The course is organized around seven core principles for the responsible use of AI: (1) Autonomy, (2) Explainability, (3) Benefit, (4) Responsibility/Control, (5) Non-Discrimination, (6) Fairness, and (7) Dignity. We will focus on a different domain of use to illustrate each principle, including cases from transportation, healthcare, media, lending, and marketing.
O66 unitsLYGTBADNMDNM
Leben, D (dleben)
MBA Pgh Mini 6 M26
PITREO9994900C
28
M26TSB
Business Administration
45884
AI Methods for Social and Visual Data (AI METHODS FOR DATA)
No course description provided.M56 unitsLYGM08:30PM09:45PMCMUREMOTE
Collier, B (bcollier)
MBA Pgh Mini 5 M26
PITREO9994900C
29
M26TSB
Business Administration
45891Story Telling for Business (STORY TELLING-BUS)
"In Leadership Communication, students tackle a specific aspect of workplace communication and hone their skills through practice and feedback."
M56 unitsLYGR08:15PM09:30PMCMUREMOTE
Burke, C (clarab)
MBA Pgh Mini 5 M26
PITREO9992500C
30
M26TSB
Business Administration
45895Acting for Business I (ACTING BUS I)
The purpose of this Business Acting course is to widen your public comfort zone & to unlock your potential for greater expressive power for use in business communications. This experiential course helps participants to get "out of themselves" and to become more expressive, outgoing & connected when communicating. This course concerns itself with live, interpersonal, face-to-face communication in public space; this is done through learning & practicing the specific communication tools of Acting in live theatre. The course teaches empathetic listening & assertive influence achieved through practical Acting tools rooted in the basic concepts of "Action" & of the Speaker's "Best Possible Self", & through the cumulative Seven Stages to Executive Presence. Participants must validate their own participation by working with openness & enthusiasm toward improving their ability to influence others. Note: This is not a course in professional lying. Instead, it teaches expressive power with which to better communicate what you believe to be true. It does not prescribe formulaic, "correct" answers regarding behavior in particular business situations, nor does it deal with or value copying movie or television acting. Instead, the course teaches how to effectively influence & impact people live in a room -- and lays out a system for doing so.
M56 unitsLYGM08:30PM09:45PMCMUREMOTE
Instructor TBA
MBA Pgh Mini 5 M26
PITREO9994000C
31
M26TSB
Business Administration
45898Writing for Managers (WRITING FOR MGRS)
This elective focuses on best practices in written communication for business people in managerial positions. Students will receive instruction and feedback to help them understand the expectations of future and present employers and Tepper faculty to: target decision-making audiences at all company levels with precise, problem-solving language; write effective email that encourages results; create short reports that make a work process transparent; develop a direct style that conveys an authoritative and reader-friendly tone; create charts and graphs that are precise and clear at a glance; use simple design/layout strategies that make a document more action-oriented; increase vocabulary/language awareness; and practice revision strategies. Students will complete weekly written assignments of varying lengths (some in class). These assignments fall into two options that each student will choose: 1) short assignments assigned by the professor (some involving short cases) or 2) one larger project of the student's choosing. Students will be guided in their choices since this course is open to part-time (usually already employed) students and full-time students (who will be preparing for either internships or full-time work). In other words, students will be choosing the kinds of assignments that will best prepare them for their present and future work. This course is focused on the individual's development is therefore not graded on a curve.
M66 unitsLYGW08:30PM09:45PMCMUREMOTE
Instructor TBA
MBA Pgh Mini 6 M26
PITREO9992500C
32
M26TSB
Business Administration
45906AI Informed Entreprenuership (AI ENTREPRENUERSHIP)TBAM66 unitsLYGR08:15PM09:30PMCMUREMOTE
Ammirati, S (ammirati)
MBA Pgh Mini 6 M26
PITREO9994900C
33
M26TSB
Business Administration
45942Organizational Change (ORGANIZATIONAL CHNGE)
This course focuses on processes of organizational change. The goals are to provide frameworks and tools for effectively introducing and sustaining organizational change. Topics include initiation, implementation and institutionalization of change in various organizational contexts. The course is organized around readings, cases, lectures, videos discussions and outside projects.
M56 unitsLYGT08:15PM09:30PMCMUREMOTE
Beenen, G (gbeenen)
MBA Pgh Mini 5 M26
PITREO9992500C
34
M26TSB
Business Administration
45985
Product Management for and by Product Managers (PM FOR AND BY PMS)
This comprehensive MBA course serves as an essential introduction to the dynamic field of Product Management, equipping students with the foundational knowledge and skills necessary to excel in the ever-evolving business landscape. As organizations increasingly prioritize innovation and customer-centric strategies, product managers play a pivotal role in driving success.

Tailored to individuals intrigued by the convergence of technology, business, and management, this course delves into the unique challenges and responsibilities inherent in the role of a product manager. Often likened to the "CEO of the product," product managers operate at the nexus of diverse functions, steering the product from inception to market while intricately aligning product decisions with broader business objectives. Notably, they navigate this terrain without direct control over many resources essential for a product's success.

In this course, participants will gain a comprehensive understanding of the multifaceted skill set required of product managers. Proficiency in diverse capabilities is essential, and leadership is exercised through influence rather than formal authority. The curriculum provides students with insights into the pivotal role a product manager plays within an organization, shedding light on the intricacies of the position. By the course's conclusion, students will possess a robust foundation in digital product management, empowering them to comprehend the complexities of the role and its strategic significance within an organization.
M12 unitsLNGT07:15PM10:00PMCMUREMOTE
Friedman, M (maxf)
MBA Pgh Summer1/ALL M26
PITREO9993500C
35
M26TSB
Business Administration
45990Management Game (MANAGEMENT GAME)Missing Course Description - please contact the teaching department.M12 unitsLNGW08:30PM09:45PMCMUREMOTE
Lamont, D (dl0d)
MBA Pgh Summer1/ALL M26
PITREO9995000C
36
M26TSB
Business Administration
46772Financial Computing (FINANCIAL COMPUT)
The goal of the course is to refresh and expand your knowledge of several important topics of the Master Program, such as object oriented programming with C++, theory of pricing and hedging of derivative securities, numerical analysis and stochastic calculus. The course is organized around a project of design and implementation of a powerful C++ library for pricing of derivative securities. You will learn important principles of implementation of financial models and master algorithms of evaluation of different types of derivative securities: European, American, standard, barrier and path dependent options on stocks and interest rates. Course Materials - available through Carnegie Mellons Office of Technology Education blackboard website. Access to this website will be provided at the network orientation.
E50 unitsLYGM09:00AM12:00PMTBATBA
Kramkov, D (kramkov)
MBA Pgh Mini 5 M26
PITREO9995000C
37
M26TSB
Business Administration
46773Simulation Methods (SIMULATION METHODS)
This course initially presents standard topics in simulation including random variable generation, variance reduction methods and statistical analysis of simulation output. The course then addresses the use of Monte Carlo simulation in solving applied problems on derivative pricing discussed in the current finance literature. The technical topics addressed include importance sampling, martingale control variables, stratification, and the estimation of the Greeks. Application areas include the pricing of American options, pricing interest rate dependent claims, and credit risk. Recommended (but not required) Text Monte Carlo Methods in Financial Engineering, by Paul Glasserman (ISBN #0-387-00451-3). Course Materials Course materials will be distributed on the first day of class. Some coursework will be available through Carnegie Mellons Office of Technology Education blackboard website. Access to this website will be provided at the network orientation.
E50 unitsLYGT09:00AM12:00PMTBATBA
Lehoczky, J (jl16)
MBA Pgh Mini 5 M26
PITREO9995000C
38
M26TSB
Business Administration
46774
Term Structure Theory and Practice (TERM STRUCT THEORY)
This is an advanced course on fixed income pricing theory and practice. The course will present popular continuous-time spot rate evolution and term structure models such as the Hull & White and the Heath-Jarrow-Morton models. These valuation techniques will then be applied to solve practical financial engineering problems relating to structuring and risk management. The highlight of the course is a series of in-class case presentations in which student teams will function as derivative structuring groups. Each team will design and price an exotic structured security and then give a sales pitch to a hypothetical client. Reference Text - Options, Futures, and Other Derivatives, Seventh Edition (or higher) by John C. Hull (ISBN #0-130149908-4). This textbook should be purchased before you arrive in Pittsburgh. Course Materials - Course materials will be distributed on the first day of class through Carnegie Mellon's Blackboard website. Access to this website will be provided at the network orientation.
E50 unitsLYGW09:00AM12:00PMTBATBA
Seppi, D (ds64); Larsson, M (martinl)
MBA Pgh Mini 5 M26
PITREO9995000C
39
M26TSB
Business Administration
46775Advanced Risk Management (ADVANC RISK MGMT)
Market failures associated with growth, leverage, and liquidity has led to a regulatory shift towards incorporating more formal measurements of liquidity risk and countercyclical capital conservation buffer (e.g., Basel III versus Basel II). May 1, 2009: (UK Banking Crisis Report to Parliament) John McFall, Chairman of the Committee said: In this course arbitrage free pricing theory, econometric developments and growth theory are combined to understand risk management theory and practice. Two important sub-themes are: i. Underlying principles driving risk management ii. Application of these principles by designing, and implementing real time algorithmic trading strategies. For the first sub-theme we start by developing the theory of how growth, leverage, and liquidity drive volatility in the banking sector. In response to these relationships the Basel standards have evolved including for example, the Pillar I (capital adequacy/liquidity constraints) and Pillar 3 (market disciplinary) approaches to managing risk. The course then works through a set of real world structures from the banking, hedge fund and corporate sectors. Each structure is decomposed and analyzed to understand how it works.
E50 unitsLYGR09:00AM12:00PMTBATBA
O'Brien, J (jo0x)
MBA Pgh Mini 5 M26
PITREO9995000C
40
M26TSB
Business Administration
46888
Optimization for Prescriptive Analytics (OPT PRESCRIPT ANALYT)
Mathematical optimization technology is key to turning data into better decision making. The application of large-scale optimization models can bring a critical competitive advantage to many firms. This course focuses on developing such optimization models for operational and strategic decision making, with applications that include vehicle routing, employee scheduling, network design and capacity planning. Methodologies include linear programming, integer programming, nonlinear programming, constraint programming, heuristics, and column generation.
M56 unitsLYGM08:15PM09:30PMCMUREMOTE
Van Hoeve, W (vanhoeve)
MBA Pgh Mini 5 M26
PITREO9994700C
41
M26TSB
Business Administration
46892Data Analytics in Finance (DATA ANALY FINANCE)TBDM56 unitsLYGW08:15PM09:30PMCMUREMOTE
Khokher, Z (zkhokher)
MBA Pgh Mini 5 M26
PITREO9995000C
42
M26TSB
Business Administration
46892Data Analytics in Finance (DATA ANALY FINANCE)TBDO56 unitsLYGW06:45PM08:00PMCMUREMOTE
Khokher, Z (zkhokher)
MBA Pgh Mini 5 M26
PITREO9993000C
43
M26TSB
Business Administration
46893
Operations and Supply Chain Analytics (OPS AND SUPP CHN ANA)
Operations and supply chain analytics is concerned with the development and application to data of business analytics tools to support high-impact strategic, tactical, and operational decisions within both manufacturing and service firms. Topics include supply chain design, demand forecasting, inventory planning, sales and operational planning, revenue management, staffing in service organizations, and healthcare management. The underlying feature in these applications is managing the risk that arises from supply and demand mismatches with the goal of maximizing enterprise value. The course emphasizes how sophisticated and holistic implementation of the operations and supply chain analytics toolbox, integrating descriptive, predictive and prescriptive analytics techniques, can be an essential lever to increase or sustain a firm's competitive advantage.
M66 unitsLYGW08:15PM09:30PMCMUREMOTE
Agrawal, D (deepakag)
MBA Pgh Mini 6 M26
PITREO9994900C
44
M26TSB
Business Administration
46898Ethics and Artificial Intelligence (AI ETHICS)
This course will explore the ethical challenges that businesses face when making use of AI, map out policies which have been proposed as solutions to these challenges, and analyze the normative arguments behind these policies. The goal of the course is to acquire the skills necessary to understand the ethical challenges which emerge from AI, and develop responsible corporate practices around these technologies. The course is organized around seven core principles for the responsible use of AI: (1) Autonomy, (2) Explainability, (3) Benefit, (4) Responsibility/Control, (5) Non-Discrimination, (6) Fairness, and (7) Dignity. We will focus on a different domain of use to illustrate each principle, including cases from transportation, healthcare, media, lending, and marketing.
M66 unitsLYGM08:15PM09:30PMCMUREMOTE
Leben, D (dleben)
MBA Pgh Mini 6 M26
PITREO9994200C
45
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