Carnegie Mellon University
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Master of Science in Management Curriculum

Customize Your MSM Degree with a Flexible Curriculum

The business world is agile, innovative, and full of opportunity. Your master’s degree should be the same.

Our MSM degree is a two-semester program that will light the spark in your business career by equipping you with business fundamentals and the opportunity to specialize in Entrepreneurship, Finance, Marketing, Operations, or Strategy.

A Data Informed, Human Driven Approach to Business

The Intelligent Futureneeds intelligent leaders. What better place to become one than Carnegie Mellon’s Tepper School of Business, the birthplace of the data-informed, human driven approach to decision-making?

Our curriculum reflects our analytical approach to business and provides students with exposure to emerging technologies. Here, you’ll be challenged with practical applications of your studies through project-based work.

MSM Curriculum - YEAR ONE

SUMMER - Orientation (4 weeks, 3 units):

  • Introduction to Business
  • Job Search Prep
  • Math Prep


  • Managerial Economics
  • Finance I
  • Probability & Statistics
  • Accounting I


  • Operations Management
  • Marketing Management
  • Presentations
  • Elective


  • Optimization
  • Behavioral Strategy & Macro-Management
  • Elective
  • Elective


  • Elective
  • Elective
  • Elective
  • Elective

Tailor Your MSM Degree to Your Career Goals

Tailor your career path by completing a specialization in Entrepreneurship, Finance, Marketing, Operations, or Strategy. A specialization requires 5 content area courses (30 units):

  • Three required: cover content applicable to most roles in the area
  • Two elective: more advanced content or explore sub-areas

MSM Specialization Areas:

  • The entrepreneurship specialization is intended to equip MSM graduates for successful careers in business innovation roles, either in a corporation or a family business, or via purchasing and transforming an existing business. As a part of the Strategy specialization, you’ll have the opportunity to take additional courses in Franchising, Entrepreneurship through Acquisition, Family Business, and Future of Real Estate.
  • Want to further your knowledge in Finance? While all MSM students take a core course in Finance, if you choose to specialize in Finance, you’ll take a deeper dive into Finance with courses in Corporate Finance and Investment Analysis. You’ll also have the opportunity to take additional Finance elective courses of your choice.
  • All MSM students will engage core Tepper Marketing courses which cover the fundamentals of creating, communicating, and delivering value to customers. In addition, Tepper Marketing courses teach students to leverage analytical techniques and skills in order to drive and make informed decisions. With a Marketing specialization, you’ll have the opportunity to take additional courses in Digital Marketing, Marketing Research, and Consumer Behavior.
  • MSM students who participate in the Operations specialization will be primed for careers that support the design, delivery, and development of products and services across a variety of industries. As part of the Operations specialization, you’ll have the opportunity to take additional courses in Six Sigma, Operations Strategy, and Service Management. 
  • MSM students with a strategy specialization will be equipped for successful careers in management consulting or internal corporate consulting groups. As a part of the Strategy specialization, you’ll have the opportunity to take additional courses in Trade and Investment Strategy, Managing Across Cultures, Pricing Strategy, and Corporate Restructuring.

Required Specialization Courses


  • Lean Entrepreneurship

  • Commercialization & Innovation: Strategy

  • New Product Management


  • Finance II
  • Corporate Finance
  • Investment Analysis


  • Digital Marketing and Social Media Strategy
  • Marketing Research
  • Consumer Behavior


  • Six Sigma 
  • Operations Strategy
  • Service Management


  • Corporate Strategy

  • Technology Strategy

  • Strategic Management and Innovation

Specialization Electives**

As an MSM student, you can expand your core curriculum with the option to choose two electives that match your specialization. Below are some examples of elective courses for each specialization.


  • Family Business
  • Future of Real Estate
  • Franchising


  •  International Finance
  • Debt Markets
  • VC and the Finance of Innovation


  • Technology Strategy
  • New Product Management
  • Consumer Brands


  •  Supply Chain Management
  • Risk Analytics
  • Sustainable Operations


  •  Commercialization and Innovation: Strategy
  • Trade and Investment Strategy
  • Pricing Strategy

Additional Electives

Taking courses outside of the core curriculum and your specialization is a key component to Tepper’s MSM program. Electives build upon the foundations that are set in core courses and allow students to develop deeper knowledge of these areas. You’ll have the opportunity to take electives across Tepper’s various areas of instruction, including Communications, Strategy, and more. MSM students may choose to begin their leadership journey by taking courses in Organizational Behavior like Negotiations or improve analytical skills in End-to-End Business Analytics. 

**Courses are subject to change