Investment Analysis

    Master of Investment Analysis at Carnegie Mellon University

    Master of Investment Analysis at Carnegie Mellon University

    The Investment Analysis at Carnegie Mellon University is a Full Time Master program offered at the university's main campus in Pittsburgh , United States of America. The program is delivered on campus in English and can be completed in 2 years. Students develop academic knowledge and practical skills that prepare them for future careers in this field. The next available intake starts on August 22, 2026.

    About Master of Investment Analysis

    Requires Completion of 45-820 Finance II. The objective of Investment Analysis is to introduce you to the tools used by investment professionals to manage assets and their risks. The course covers optimal asset allocation, its performance evaluation, and risk management. The goal is to apply basic tools in finance as such mean-variance portfolio optimization and gain a better understanding why and when these tools fail. As such we will talk about the measurement and implications of tail events, the impact of liquidity on prices and trading, the risk of default, and the implications of return predictability. (7/13-LK)

    Requirements and Admission Criteria for Master of Investment Analysis at Carnegie Mellon University

    Entry Requirements

    GPA

    3.41

    Average

    3.43

    Median

    3.03-3.76

    Middle 80%

    English Requirements

    • IELTSMin 7.5
    • TOEFLMin 102

    English Program Requirements

    Candidates are required to demonstrate a level of competence in English to meet the admissions requirements of the university. You are required to take a TOEFL, IELTS, or Duolingo exam unless:

    • You attended an undergraduate institution, earning a bachelor’s degree, where the sole language of instruction was English.
    • You earned a graduate degree where the sole language of instruction was English. (Although not required, we do recommend that you take the English Language Proficiency exam.)

    You must request that the official score be sent from the testing agency to our program for us to verify the score entered into the application. Request that the official score be sent to us using the following codes:

    • TOEFL Program Code: Institutional Code = 2074; Departmental Code = 02
      • Pro Tip: The recommended TOEFL score is 25 on each section of the Internet-based test. The minimum TOEFL scores required to apply for admission are: Reading: 20, Listening: 20, Speaking: 20, Writing: 20
    • IELTS Program Code: Select Carnegie Mellon and the Tepper School of Business 
      • Pro Tip: The recommended IELTS score is 7 overall and 7 in each band. The minimum IELTS scores required to apply for admission are: Listening: 7, Reading: 7, Writing: 7, Speaking: 7, Overall Band: 7
    • Duolingo Program Code: Select Carnegie Mellon University – Tepper School of Business
      • Pro Tip: The recommended Duolingo English Test (DET) score is 120 overall

    Pro Tip: TOEFL and IELTS scores are valid for two years and must be valid at the time you submit your application.

    Pro Tip: If you earned a degree from a non-U.S. institution, your academic documents should state that the sole language of instruction for the entire university was English in order to be eligible for a TOEFL/IELTS/Duolingo waiver. If your academic documents don’t include this, you should upload an official letter from the University Registrar indicating English as the mode of instruction for the entirety of the degree.

    Fee Information

    Application Fee 75
    Master of Investment Analysis at Carnegie Mellon University
    Carnegie Mellon University
    Carnegie Mellon University
    United States of America

    United States of America, Pittsburgh

    WhatsApp student consultation with YouApply