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Press Release

Contact:
Chriss Swaney
412-268-5776
Mike Laffin
412-268-3486

For immediate release:
December 3, 2002

Carnegie Mellon Announces New Integrated Engineering Program Culminating in an MBA Degree

Pittsburgh—Carnegie Mellon University will offer a new integrated engineering and business program culminating in a bachelor's degree in engineering and a master of business administration (MBA) degree. The program, the only one of its kind among the top-ranked engineering programs nationwide, is scheduled to begin in fall 2003.

The program will admit up to 20 students who are interested in completing the five-year program leading to a bachelor of science degree in one of five engineering majors from the Carnegie Institute of Technology and an MBA degree from the university's business school.

"We foresee these students becoming leaders in technology, planning and investment management," said John L. Anderson, head of Carnegie Mellon's College of Engineering. "This new integrated, double-degree program relies on the excellence of our faculty in both our business and engineering programs." According to business school Dean Kenneth B. Dunn, "The real advantage here is for focused and motivated students who know what they want and don't want to wait to get their MBA. This is a very exciting program because it allows them to get their career on a better trajectory in a shorter amount of time."

The integrated program requires students to take their normal engineering program through six semesters with the remaining four semesters consisting of MBA courses and engineering courses. Internships complement the program's depth, with the students completing three internships in engineering and business for practical experience.

"I think this new approach takes us back to what I experienced when I was an engineering undergrad," said Philip L. Dowd, a member of Carnegie Mellon's board of trustees and a managing director of Sherick Enterprises LLC, a financial services company.

Dowd, who received his undergraduate engineering degree in 1963, said he went into an MBA program right after graduation. "I found that the addition of an MBA to my engineering degree changed the way employers looked at me," Dowd said. "This new integrated degree program is a great deal because it gives our students the ability to showcase engineering skills as well as essential business practices in marketing and accounting," according to Dowd.

Kears Pollock, who received both his undergraduate and master's degrees in chemical engineering in 1962 and 1964, said the new program gives Carnegie Mellon an excellent new market niche and plays on the school's tradition of innovative education, offering truly outstanding engineering students an opportunity to compress their formal education more efficiently. Pollock also is a member of Carnegie Mellon's board of trustees and is a retired executive vice president of PPG Industries.

"The flexibility of our engineering curriculum makes this program possible," Anderson said. "More of our engineering students are obtaining non-traditional jobs in such fields as consulting and technology management. The integrated BS/MBA will open opportunities for our graduates."

Rich Lunak, president of McKesson Automation, said this new program is an excellent idea. "I lead several technology companies, and I know that it is essential for today's successful engineer to have a general understanding of business and management," said Lunak, a 1987 alum of the university's Electrical and Computer Engineering Department. His Pittsburgh-based company manufactures and markets inpatient medication management systems that help hospitals re-engineer use of various medications in a more cost-effective way.

Carnegie Mellon has rapidly evolved into a nationally recognized institution with world-class education and research programs in engineering, computer science, robotics, the sciences, business management, public policy, the fine arts and liberal arts.

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