"Carmen Fantasy" is a concert piece for orchestra, created by the composer Franz Waxman in 1946. It is based on the famous opera Carmen by Georges Bizet, which tells the story of a passionate and free-spirited woman in Spain. Waxman's arrangement captures the essence of the original opera while adding a modern orchestral flair. The piece features several well-known melodies from Carmen, including the "Habanera" and the "Toreador Song." It is often performed in concert settings and showcases the dramatic and emotional qualities of the music, making it a popular choice for orchestras around the world.