Stock Under $10 with 50-100% upside potential - 14 Days FREE!

Carnegie Mellon's Master Of Product Development Program Plans Expansion

PITTSBURGH, Dec. 13, 2012 /PRNewswire/ -- When Carnegie Mellon University began its Master of Product Development (MPD) degree program a decade ago, it was the first of its kind, combining instruction and expertise from three world-class schools on campus. The program, a one-year graduate-level offering, takes a holistic approach toward innovation, underscoring the importance of an interdisciplinary perspective for successful product development. Now the Tepper School of Business has officially joined the School of Design and the Department of Mechanical Engineering as a third partner in oversight of this interdisciplinary degree, underscoring growing interest in the program by traditional business professionals.

"The program is designed to mirror the challenges that design professionals experience in the real world," said Jonathan Cagan, Master of Product Development co-director and the Tallman and Florence Barrett Ladd Professor of Mechanical Engineering. "It is not feasible to design in a vacuum, approaching innovation from a single perspective.  Today's great products and services are the innovations of teams of professionals that understand the intersection of form, functionality, logistics, marketing and consumer behavior."

Joining Cagan as co-directors of the MPD program are Eric Anderson, associate professor in the School of Design and associate dean of Carnegie Mellon's College of Fine Arts, and Peter Boatwright, the Carnegie Bosch Associate Professor at the Tepper School of Business. In addition to interdisciplinary research conducted in the program, Cagan and Boatwright also have collaborated on two books, "The Design of Things to Come" and "Built to Love: Creating Products that Captivate Customers," which introduced the concept of "product emotions" and detailed the scientific process by which design teams can build the emotions into products that their customers desire.

Currently, the class consists of approximately 20 students, annually. With increased interest from students with business backgrounds and new opportunities for capstone projects supplied by industry sponsors, the program is expected to grow to 30-40 students in the near future.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
TRY IT FREE

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
Dividend Stock Advisor
TRY IT FREE
New! $49.95/yr

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREE

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Real Money
TRY IT FREE

24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.

Product Features:
  • Jim Cramer + 20 Wall Street pros
  • Intraday commentary & news
  • Real-time trading forum
  • Actionable trade ideas
Real Money Pro
TRY IT FREE

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass + 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
TRY IT FREE

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 15,354.40 121.18 0.80%
NASDAQ 3,498.97 33.73 0.97%
S&P 500 1,667.47 17.00 1.03%
US 10 Yr 1.949% +0.084

Brokerage Partners

Advertising Partners
Special Features

Free Newsletters from TheStreet

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy. Manage Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs