Initial Statement of Beneficial Ownership (3)

FORM 3	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES	OMB APPROVAL OMB Number: 3235-0104 Estimated average burden hours per response... 0.5
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person * Moscato Timothy	2. Date of Event Requiring Statement (MM/DD/YYYY) 10/14/2014	3. Issuer Name and Ticker or Trading Symbol EDUCATION MANAGEMENT CORPORATION [EDMC]
(Last)        (First)        (Middle) C/O EDUCATION MANAGEMENT CORPORATION,, 210 SIXTH AVE, 33RD FLOOR	4. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director                            _____ 10% Owner ___ X ___ Officer (give title below)          _____ Other (specify below) See Remarks /
(Street) PITTSBURGH, PA 15222        (City)              (State)              (Zip)	5. If Amendment, Date Original Filed (MM/DD/YYYY)	6. Individual or Joint/Group Filing (Check Applicable Line) _ X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	2593	D
Common Stock (Restricted Stock Units)   (1)	12225	D
Common Stock (Restricted Stock Units)   (2)	3532	D

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security (Instr. 4)	2. Date Exercisable and Expiration Date (MM/DD/YYYY)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Options (right to buy)	(3)	5/4/2022	Common Stock	2000	$3.59	D
Employee Stock Options (right to buy)	(4)	11/8/2023	Common Stock	5886	$12.74	D

Explanation of Responses:
( 1)	Restricted Stock Units vest 25% per year on the first, second, third, and fourth anniversaries of the date of the grant, which was 11/02/2012. Grant shown net of 25% which vested on 11/02/2013.
( 2)	Restricted Stock Units vest 25% per year on the first, second, third, and fourth anniversaries of the date of the grant, which was 11/08/2013.
( 3)	Stock Option was originally granted on 05/04/2012 but was exchanged for replacement options on 09/13/2012, and retained the original term and vesting schedule of 25% per year on the first, second, third, and fourth anniversaries of the date of the original grant.
( 4)	Stock Option was granted on 11/08/2013 with a vesting schedule of 25% per year on the first, second, third, and fourth anniversaries of the date of the original grant.

Remarks: Chief Operating Officer of The Art Institutes

Reporting Owners
Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Moscato Timothy C/O EDUCATION MANAGEMENT CORPORATION, 210 SIXTH AVE, 33RD FLOOR PITTSBURGH, PA 15222			See Remarks

Signatures
J. Devitt Kramer, Attorney-In-Fact		10/16/2014
** Signature of Reporting Person		Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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