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Tepper School of Business

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2551: 564:, announced that he would make a single donation of $ 55 million to Carnegie Mellon University's Graduate School of Industrial Administration. This donation was made after he had been encouraged by Kenneth Dunn, his former professor (who became dean of the school). Tepper accepted the suggestion but made the contribution a “naming gift” and suggested that the school's name be changed to the David A. Tepper School of Business. In November 2013, Carnegie Mellon announced another gift of $ 67 million from Tepper to develop the Tepper Quadrangle on the north campus. The Tepper Quad includes a new Tepper School facility across the street from the Heinz College as well as other university-wide buildings and a welcome center which serves as a public gateway to the university. The Tepper Quad was dedicated on September 13, 2018. 760: 849: 592: 1075: 394: 691: 25: 568: 664:
have a cumulative QPA of 3.5 through the prior semester or at the end of the fall semester to petition for overload. A course overload is any schedule with more than 50 units in a semester. Students can receive no more than 7 units for a total of 57 units. This change to the Overload Policy impacts Tepper students beginning in spring 2018.
926:. The primary method of instruction for the New York campus is live, interactive video. Lectures are recorded and made immediately available to students via the internet. Faculty teach twice every seven weeks in New York at which times the students are invited to join the professor for lunch after class. 1146:
The International Management MBA Track features an eight-week global experience in which students travel to Western and Eastern Europe to study emerging, transitional and competitive economies. During study abroad, students experience real-world aspects of classroom work through manufacturing tours,
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Under Bach's leadership, in 1958, the school's Management Game was the first to use computer simulations for experiential learning of business roles; such simulations have subsequently been adopted by other institutions. In 1989, the school's Financial Analysis and Security Trading Center (FAST) was
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and Technology. Year two advances the theories and analytical framework developed in the first year to provide breadth and depth in areas that support corporate strategy and general management as students complete three to four concentrations in specific functional areas. In lieu of selecting three
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The mini-semester system is half the length of a traditional academic semester, with four mini-semesters per academic year. Each is 7.5 weeks long, and students typically take 5 different courses each mini-semester. This system, which was pioneered by the Tepper School, allows students to take more
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In August 2017, Tepper School of Business updated its overload policy. Students will not receive an automatic approval for overloading their course schedule. Rather, students will need to complete a petition to receive an overload approval; the petition is reviewed by the UBA program. Students must
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orthodoxy. Modigliani's prize recognized his life-cycle hypothesis, which attempts to explain the level of saving in the economy. Modigliani proposed that consumers would aim for a stable level of income throughout their lifetime, for example by saving during their working years and spending during
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in economics, described as "pioneering research into the decision-making process within economic organizations". In 2004, Kydland and Prescott received the Nobel Prize for "their contributions to dynamic macroeconomics: the time consistency of economic policy and the driving forces behind business
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To earn MSPM degree, students must complete a total of 111 units of coursework, which includes a mandatory summer internship and a semester-long capstone project. The capstone takes the form of a product management project, in which students work with product companies on solving the problems for
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The Master of Science in Computational Finance (MSCF) degree is primarily granted through a sixteen-month full-time program. The school also offers a thirty-three-month part-time degree program and four non-degree certificate programs. Certificate students focus on one "stream" of the MSCF degree
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From its outset, academic research has been one of the primary focuses of the Tepper School. When speaking of the school's founders, one author stated "Research was their fundamental engine of progress". The Tepper School has established 16 different research centers to continue the emphasis on
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every spring in three tracks: Technology, Life Sciences, and Sustainable Technology. Teams from many universities and countries compete for cash prizes and venture startup assistance. Entrepreneurship education was pioneered at the school in the 1970s, under the leadership of Mr. Jack Thorne.
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Tepper Executive Education offers both open enrollment and custom programs for executive leadership training. Programs include studies in the fields of Advanced Analytics, Communication, Disruptive and Emerging Technology, Diversity, Equity, Inclusion and Belonging, Innovation, and Strategic
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The school's primary MBA degree (previously named MSIA-Master of Science in Industrial Administration) is a two-year, full-time program, during which most students complete an internship in the summer between the first and second year of study. Students may take classes in lieu of a summer
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their retirement. Miller's prize was awarded in recognition of his contributions to corporate finance. The results of his research—in collaboration with Franco Modigliani—are now taught in every business school in the country. Simon's prize was given for his development of the idea of
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who displays the best work in the field of economic theory. A large proportion of the winners of the award has later made contributions to economics that have changed the practice of the field. Since its inception, four recipients have already been awarded the
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The General Management MBA Track, the core track serves as an umbrella academic option due to the flexibility associated with multiple concentrations. The General Management MBA Track complements the eight other Tepper MBA Tracks: Analytical Marketing Strategy,
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Robert E. Gleeson and Steven Schlossman, "George Leland Bach and the Rebirth of Graduate Management Education in the United States, 1945-1975." Selections: The Magazine of the Graduate Management Admission Council, 11, No. 3 (Spring 1995),
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and methodologies that students in the doctoral program learn form the basis for further study and research either in one of the core disciplines, or in one or more of the remaining functional areas of business: Accounting,
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Undergraduate business students are also encouraged to explore opportunities to learn about different cultures in which to live and work. Each year students travel abroad as part of a capstone educational experience.
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internship, which allows full-time students to complete their studies in 16 months. Working professionals in the Pittsburgh area may also complete the MBA degree in the evening as members of the flex-time program.
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presentations at financial institutions, meetings with government and non-governmental organizations as well as the experience of living in an international setting. This program operates in partnership with the
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The MBA curriculum is designed to increase in complexity and application throughout students' time at the Tepper School. The first year builds a fundamental skill set in the core disciplines, including Finance,
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MBA students also have a Capstone project, which is like a culmination of all the students work at Tepper. It is akin to a final year project where the students work with various firms on real world problems.
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project, in which students work with a large business data set to develop descriptive, predictive, and prescriptive analytical models and report their findings to company leaders at project completion.
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than 32 different courses while enrolled in the MBA program. The Tepper School prefers this structure as students can gain exposure to a greater breadth of topics, as well as several electives.
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and programming; these courses are offered in a self-study, pass/fail format. Once students pass these courses, they can move through the rest of the core coursework, which includes courses in
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was first introduced by Carnegie Mellon in 1958 and has been adopted by many other business schools as an effective business simulation model. Tepper students work with an external
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was hired by the Carnegie Institute of Technology (predecessor of Carnegie Mellon University) to restart the school's economics department. Bach had previously been working at the
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To earn their MSBA, students must complete a total of 108 units of coursework, culminating in a capstone project that extends across two minis. The capstone takes the form of a
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The Tepper School's online Master of Science in Business Analytics (MSBA) degree is granted through an eighteen-month, mostly online program. Similar to the Tepper School's
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to manage a multinational corporation, guiding the organization through a wide range of issues including global expansion, labor negotiations, operations,
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The doctoral degree is organized around a preliminary set of courses in the core disciplines of Economics, Organizational Behavior and Theory, and
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In addition to the major in business administration, Tepper requires students to either minor or second major in other programs of the university.
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The Hunt Library at Carnegie Mellon University is the primary source of hardcopy research material for students and faculty at the Tepper School
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Twenty full-time faculty instruct 40 full-time students in Pittsburgh and 51 full and part-time students in the financial district of
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The Tepper School of Business, originally known as the Graduate School of Industrial Administration (GSIA), was founded in 1949 by
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the first educational institution to successfully replicate the live international data feeds and sophisticated software of
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in Organizations, Global Enterprise Management, Management of Innovation & Product Development, Technology Leadership,
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to four general management concentrations, second year students may complete courses in satisfaction of specialized
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Many of the faculty who teach the online MSBA program also teach on campus at the Tepper School of Business or at
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The program includes mix of technical, business and design courses and is taught by accomplished faculty from
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All doctoral candidates receive full tuition, plus a stipend package for five years, through the
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In the 1950s and 1960s, the Tepper School of Business led the intellectual movement known as the
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The Alexander Henderson Award is presented to the student at the Tepper School of Business at
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were applying pressure on the academic community to increase US managerial ability, and when
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The Tepper Quad building, the principal teaching facility at the Tepper School of Business.
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The Undergraduate Economics Program is jointly administered by the Tepper School and the
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Outstanding undergraduates from any major are eligible for a 3-2 accelerated MBA program
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a Norwegian economist, for his contribution to a pricing model in the financial field.
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their customers and report their findings to company leaders at project completion.
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Prior to the founding of the Tepper School, management education typically used the
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In fall 2020, there were 586 total students enrolled in the full-time MBA program.
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In fall 2020, there were 584 total students enrolled in the undergraduate program.
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The school also offers PhD degrees jointly with other colleges in the University:
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The curriculum consists of courses in finance, traditional finance theories of
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were spin-offs by the Graduate School of Industrial Administration's faculty.
441:, Bach became the first dean, bringing along the entire economics department. 2906: 2854: 2813: 2751: 2513: 2401: 2387: 2374: 1787: 1112: 1107: 1055: 923: 827: 781: 680: 580: 508: 374: 335:. In March 2004, the school received a record $ 55 million gift from alumnus 317: 255: 996:
The first portion of the MSBA program consists of two foundation courses in
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who was to direct the undergraduate business program. The beginnings of the
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H. John Heinz III College of Information Systems and Public Policy
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The school offers a traditional four-year undergraduate degree in
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Carnegie Mellon University Usable Privacy and Security Laboratory
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On March 19, 2004, alumnus David Tepper, founder of hedge fund
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Tepper also offers the following joint and dual MBA degrees:
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Center for Organizational Learning, Innovation and Knowledge
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Carnegie Mellon University Computational Biology Department
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trading is based, the application of these models in both
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U.S. News & World Report (2022), Best Online MBA #4
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and was renamed the David A. Tepper School of Business.
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Graduate School of Industrial Administration (1949-2004)
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Healthcare Policy and Management with the Heinz College
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have been affiliated with the school, including alumni
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View of Hamerschlag Hall at Carnegie Mellon University
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Poets and Quants (2022), US MBA Ranking Summary #16
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programs in Economics, Finance, and related fields.
460:, based upon examples from successful companies and 1158: 2502:Dietrich College of Humanities and Social Sciences 2289: 677:Dietrich College of Humanities and Social Sciences 2066:Carnegie Mellon University course catalog website 608:. The program's coursework places an emphasis on 2904: 756:, shifting economies and financial performance. 1180:The Carnegie Mellon Electricity Industry Center 1164:research established at the school's founding. 2431: 2275: 1398: 1365:List of United States business school rankings 843: 437:gave a $ 6 million grant to found a school of 2923:Universities and colleges established in 1949 2417: 1834:"CMU's Strategy for Well-Rounded B-Schoolers" 1370:List of business schools in the United States 649:Leadership & Organizational Effectiveness 571:David A. Tepper '82, benefactor of the School 16:Business school of Carnegie Mellon University 2541:Margaret Morrison Carnegie College (defunct) 1417: 1415: 1413: 1211: 1200:PNC Center for Financial Services Innovation 911:. Early in the program, students are taught 397:Tepper Quadrangle, Pittsburgh, Pennsylvania. 1343:Financial Times (2022), US MBA Ranking #15 1185:Center for Behavioral and Decision Research 1093:Behavioral Marketing and Decision Research 929: 2918:Schools and departments of Carnegie Mellon 2689:Hunt Institute for Botanical Documentation 2424: 2410: 1097:Department of Social and Decision Sciences 1087:Department of Social and Decision Sciences 734:Center for Innovation and Entrepreneurship 670: 1595: 1593: 1410: 1375:List of Carnegie Mellon University people 599: 586: 109:Learn how and when to remove this message 2335: 1749: 1225:. Among the deceased award winners are 1149:WHU – Otto Beisheim School of Management 1073: 976: 895:and finite difference approximations of 857:curriculum: Mathematics, Statistics, or 847: 758: 689: 590: 566: 392: 2772:Mellon Institute of Industrial Research 2182:"Tuition and Financial Aid Information" 1629:The History of Economic Through Website 1502: 1500: 1352:Poets and Quants (2023), Online MBA #2 936:Master of Science in Product management 2905: 2198: 2087: 2085: 2083: 2081: 1888: 1752:"Dean profiles Working for $ 1 a year" 1590: 1136: 1127: 826:Public Policy and Management with the 769:University of Pittsburgh School of Law 45:Please improve this article by adding 2724:Pittsburgh Science of Learning Center 2405: 2315:"2023 Best Business Schools Rankings" 1884: 1882: 2684:Human Computer Interaction Institute 2677:National Robotics Engineering Center 1931: 1772: 1497: 1476:"Announcing a Transformational Gift" 1335: 547:hypothesis that directly challenged 491:economics approach which emphasized 18: 2928:1949 establishments in Pennsylvania 2767:Main Building, U.S. Bureau of Mines 2704:Pittsburgh Life Sciences Greenhouse 2078: 1423:"Tepper School Facts & Figures" 1392: 1026: 852:A tour group inspects the premises. 814:Civil and Environmental Engineering 316:The school offers degrees from the 13: 2880:Swartz Center for Entrepreneurship 2283:"2023 QS Global MBA:United States" 2147:Carnegie Mellon University Website 2122:Carnegie Mellon University Website 1879: 1743: 1654:"Franco Modigliani- Autobiography" 1443: 1399:Patrick Thomas (16 October 2020). 1205:Swartz Center for Entrepreneurship 891:, computational methods including 122:David A. Tepper School of Business 14: 2939: 2360:Tepper School of Business website 2353: 2186:Tepper School of Business website 2018:Tepper School of Business website 1994:Tepper School of Business website 1967:Tepper School of Business website 1784:Special Report - Business schools 1605:Tepper School of Business website 1549:Tepper School of Business website 1525:Tepper School of Business website 1223:Nobel Memorial Prize in Economics 982: 939: 621:Master of Business Administration 2913:Business schools in Pennsylvania 2734:Carnegie Mellon University Press 2650:Pittsburgh Supercomputing Center 2549: 2458:Information Networking Institute 1863:"Business Administration Tracks" 1750:Bradshaw, Della (May 17, 2004). 1349:Fortune (2022), MBA Ranking #15 1159:Research centers and initiatives 1021:CMU's School of Computer Science 23: 2729:Integrated Innovation Institute 2699:Language Technologies Institute 2529:Masters in Software Engineering 2495:Entertainment Technology Center 2317:. U.S. News & World Report. 2265: 2241: 2217: 2192: 2174: 2160: 2135: 2110: 2054: 2030: 2006: 1979: 1955: 1907: 1855: 1826: 1801: 1719: 1695: 1670: 1646: 1617: 1004:and data mining, optimization, 698: 2865:Center for PostNatural History 2655:Software Engineering Institute 1678:"Merton Miller- Autobiography" 1561: 1537: 1513: 1468: 1346:QS (2022), US MBA Ranking #18 1235:overlapping-generations models 897:partial differential equations 1: 2329:"QS Global MBA Rankings 2023" 2199:University, Carnegie Mellon. 1889:University, Carnegie Mellon. 1385: 1233:, among the very pioneers of 47:secondary or tertiary sources 2782:Pittsburgh Technology Center 2507:Social and Decision Sciences 2168:"Tepper PhD Program website" 1292:U.S. News & World Report 1175:Tepper Blockchain Initiative 1170:Accelerate Leadership Center 683:, as well as for entry into 456:approach popularized at the 7: 2886:Waffle Shop: A Reality Show 1358: 1244: 844:MS in Computational Finance 58:"Tepper School of Business" 10: 2944: 2524:School of Computer Science 2434:Carnegie Mellon University 2093:"Degrees and Certificates" 1218:Carnegie Mellon University 963:School of Computer Science 944:School of Computer Science 736:at Tepper holds an annual 577:School of Computer Science 388: 303:Carnegie Mellon University 2827: 2797: 2742: 2638: 2593: 2558: 2547: 2536:Tepper School of Business 2519:Mellon College of Science 2441: 2343:"Global MBA Ranking 2023" 1987:"Consulting Career Track" 1915:"Undergraduate Economics" 1320: 1307: 1302: 1289: 1276: 1263: 1258: 1251: 1212:Alexander Henderson Award 959:Tepper School of Business 948:Tepper School of Business 439:industrial administration 295:Tepper School of Business 273: 262: 234: 222: 212: 202: 192: 187:Isabelle Bajeux-Besnainou 180: 167: 157: 149: 136: 126: 2660:CERT Coordination Center 1756:Business Schools Ranking 1625:"Robert Lucas Biography" 930:MS in Product Management 822:University of Pittsburgh 269:, 140 acres (57 ha) 2757:Bellefield Boiler Plant 2331:. Quacquarelli Symonds. 2285:. Quacquarelli Symonds. 1939:"MBA Program Structure" 1780:"But can you teach it?" 722:Organizational Behavior 671:Undergraduate Economics 606:business administration 458:Harvard Business School 324:levels, in addition to 2453:College of Engineering 2301:Bloomberg Businessweek 1254:International Rankings 1195:Green Design Institute 1122:William Larimer Mellon 1079: 1037:foundational knowledge 893:Monte Carlo simulation 853: 772: 695: 646:International Business 643:Graphic Communications 600:Undergraduate Business 596: 587:Undergraduate programs 572: 503:winners in Economics: 435:William Larimer Mellon 398: 333:William Larimer Mellon 34:relies excessively on 2828:Projects and legacies 2667:Carnegie Mellon CyLab 2615:Scotch'n'Soda Theatre 1083:Behavioral Economics 1077: 991:asynchronous learning 977:MS Business Analytics 901:statistical arbitrage 851: 805:Computational Finance 762: 693: 655:Operations Management 594: 570: 541:rational expectations 396: 2714:Ames Research Center 2465:College of Fine Arts 1838:Business Week Online 987:synchronous learning 934:The Tepper School's 873:portfolio management 810:Software Engineering 562:Appaloosa Management 521:Oliver E. Williamson 462:microeconomic theory 365:and faculty members 2743:Location, Buildings 2384: /  1844:on October 30, 2009 1545:"The "FAST" Center" 1404:Wall Street Journal 1142:Global Study Abroad 1137:International study 1128:Executive Education 1042:Financial Economics 1033:Operations Research 917:financial computing 877:stochastic calculus 859:Financial Computing 794:Investment Strategy 790:Operations Research 738:Venture Competition 634:Business Technology 554:bounded rationality 427:political scientist 419:Operations Research 401:In 1946, economist 344:Nobel Prize-winning 326:executive education 123: 2875:Robot Hall of Fame 2819:Alumni and faculty 2788:Walking to the Sky 2672:Robotics Institute 2388:40.4415°N 79.942°W 2345:. Financial Times. 2249:"Research Centers" 2038:"MBA Duel Degrees" 1506:Mintzburg, Henry. 1303:Global MBA Ranking 1080: 1013:business analytics 854: 773: 765:Barco Law Building 750:board of directors 696: 631:Business Analytics 597: 573: 466:management science 417:from the field of 403:George Leland Bach 399: 239:5000 Forbes Avenue 121: 2900: 2899: 2777:Newell Simon Hall 2225:"Global Programs" 1521:"School Timeline" 1336:U.S. MBA Rankings 1333: 1332: 537:Lars Peter Hansen 533:Dale T. Mortensen 513:Franco Modigliani 505:Robert Lucas, Jr. 415:William W. Cooper 383:Lars Peter Hansen 371:Franco Modigliani 355:Oliver Williamson 351:Dale T. Mortensen 291: 290: 225:Doctoral students 162:William L. Mellon 119: 118: 111: 93: 2935: 2870:Conflict Kitchen 2801: 2642: 2597: 2562: 2553: 2445: 2435: 2426: 2419: 2412: 2403: 2402: 2399: 2398: 2396: 2395: 2394: 2393:40.4415; -79.942 2389: 2385: 2382: 2381: 2380: 2377: 2347: 2346: 2339: 2333: 2332: 2325: 2319: 2318: 2311: 2305: 2304: 2297:"Best B-Schools" 2293: 2287: 2286: 2279: 2273: 2269: 2263: 2262: 2260: 2259: 2253:School’s Website 2245: 2239: 2238: 2236: 2235: 2229:School’s Website 2221: 2215: 2214: 2212: 2211: 2196: 2190: 2189: 2178: 2172: 2171: 2164: 2158: 2157: 2155: 2153: 2139: 2133: 2132: 2130: 2128: 2114: 2108: 2107: 2105: 2103: 2097:School’s Website 2089: 2076: 2075: 2073: 2072: 2058: 2052: 2051: 2049: 2048: 2042:School's Website 2034: 2028: 2027: 2025: 2024: 2010: 2004: 2003: 2001: 2000: 1991: 1983: 1977: 1976: 1974: 1973: 1963:"MBA Curriculum" 1959: 1953: 1952: 1950: 1949: 1943:School’s Website 1935: 1929: 1928: 1926: 1925: 1919:School’s Website 1911: 1905: 1904: 1902: 1901: 1886: 1877: 1876: 1874: 1873: 1867:School’s Website 1859: 1853: 1852: 1850: 1849: 1840:. 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Simon 367:Herbert A. 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