Carnegie Mellon University

Carnegie Mellon University

Endowment management for university long-term funding

Rfcyber Lab Intern

Summer 2026Posted on 5/16/2026
No salary listed
Internship
Bachelor's, Master's
Pittsburgh, PA, USA
In Person
No H1B Sponsorship

About the job

Requirements
  • Enrolled in a masters or other post-graduate program
  • Have a bachelors in electrical or computer engineering
  • Previously taken or enrolled in CMU 18-743 or equivalent
  • Engagement with CMU-NCA Lab
  • Ability to work in a lab as needed on the CMU Pittsburgh campus
  • You will be subject to a background check and must be eligible to work in the United States without Visa sponsorship
Responsibilities
  • 70% Development and analysis of RF signal detection and classification
  • 20% Collection, preparation, collation of sample RF data for processing
  • 10% Development of other signal processing algorithms and systems

About the company

Carnegie Mellon University

Carnegie Mellon University

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CMU Investment Office manages Carnegie Mellon's endowment to provide permanent financial support for research and education, including scholarships and operations. It grows and protects assets through a globally diversified portfolio that includes private equity, venture capital, hedge funds, real estate, natural resources, public equities, and fixed income, using external investment managers. It differs from others by being a university endowment with a dedicated CIO and a global, private-investment–centered approach focused on disciplined long-term growth and risk management. Its goal is to grow and preserve the endowment so CMU can sustain its research, education mission, and operations in perpetuity.

Company Size

11-50

Company Stage

N/A

Total Funding

N/A

Headquarters

Pittsburgh, Pennsylvania

Founded

2018

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Simplify's Take

What believers are saying

  • FY25 endowment returned 10.9%, lifting market value to $3.5 billion.
  • FY25 gifts and gains exceeded distributions, adding $252.6 million net to endowment assets.
  • CMU earned six No. 1 U.S. News graduate rankings in April 2026, strengthening fundraising appeal.

What critics are saying

  • CMU cut 18 School of Computer Science jobs in August 2025, signaling cost pressure.
  • Federal research reimbursement caps threaten a $40 million shortfall, squeezing university support.
  • The Canaan lawsuit over Qatar funding and antisemitism keeps reputational and discovery risk active.

What makes Carnegie Mellon University unique

  • Charles A. Kennedy has led CMU investing since 2010, emphasizing global private assets.
  • CMU endowment reached $3.5 billion by June 30, 2025, with disciplined stewardship.
  • The Dietrich Foundation adds recurring capital, amplifying CMU’s long-duration funding base.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Paid Vacation

Paid Holidays

Professional Development Budget

Wellness Program

Commuter Benefits

Childcare Support

Company News

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