C

Carnegie Mellon University

Endowment management for university long-term funding

Research Associate - College of Engineering, Electrical and Computer Engineering

Full-TimePosted on 7/4/2026
No salary listed
Mid
Bachelor's
Pittsburgh, PA, USA
In Person
Academic & Institutional Research, Medical Research

About the job

Requirements
  • A Bachelor's Degree is required, or a combination of education and relevant experience demonstrating comparable knowledge may be considered.
  • One to three years of data collection and analysis experience is required.
  • One to three years of research, laboratory, and methodology experience is required.
  • Successful completion of a background check is required.
Responsibilities
  • Support an ongoing human neurostimulation study.
  • Assist with participant recruitment, study coordination, data collection, and experiment execution.
  • Work directly with research participants during neurostimulation experiments.
  • Maintain study documentation and assist with data management and analysis as needed.
  • Identify problems and obstacles to progress and develop strategies to solve problems.
  • Program software in support of job functions as needed and attend project meetings.
  • Perform research experiments following experimental protocols and procedures.
  • Research and document information by compiling and maintaining accurate and detailed records.
  • Summarize statistical information for analysis, examination, or presentation and write technical reports.
  • Build and validate quantitative models as needed.
  • Use software packages to input, manipulate, collect, and record results or observations.
  • Perform other duties as assigned.

About the company

C

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

INACTIVE