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Societal change in the energy industry is creating unprecedented business opportunities. The Energy Business track brings together the Tepper School’s path-breaking approach to business education with Carnegie Mellon’s core strength in engineering to provide graduates with the ability to become leaders in the energy industry.

Required Courses

  • Energy Finance

  • Real Options

  • Finance II

  • Energy Business Project Course (Capstone)

Required Electives (Choose 4 with a least 1 from each category)



Business, Economics and Accounting

  • Commercialization and Innovation Strategies

  • Catastrophic Risk Analysis

  • Government & Business

  • Options

  • Business Analytics and Forecasting

  • Entrepreneurial Alternatives

  • Entrepreneurship for High Growth Companies

  • Sustainable Operations

  • Commercialization and Innovation Strategy

Student-Chosen Electives

Additional energy-related graduate coursework is offered throughout Carnegie Mellon University, see the full list here. Track students may fulfill as many as two of their required electives with such courses, subject to the permission of the track advisor and course instructor. 

For more information please visit contact faculty coordinators:

Chris Telmer, Associate Professor of Financial Economics (

Jay Apt, Professor and Co-Director of the Carnegie Mellon Electricity Industry Center (

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