Masters in Engineering Management

What is Engineering Management

Engineering management is an interdisciplinary program designed specifically to elevate engineers to leading decision making key roles in top organizations. It is a career that brings together the technological problem-solving understanding of engineering and the organizational aspect of management to look after the operations of engineering companies. The person is entitled to coordinate with the management, production to discuss project specifications and procedures and accomplish goals and directives of the enterprise.

Engineering management programs typically include instruction in accounting, economics, finance, project management, systems engineering, industrial engineering, mathematical modeling and optimization, management information systems, quality control & six sigma, operations management, operations research, human resources management, industrial psychology, safety and health. There are many options for entering into engineering management, albeit that the foundation requirement is an engineering degree (or other computer science, mathematics or science degree) and a business degree. Job prospects are bright as leading managers in technological firms or taking up technically intensive roles in financial institutions.

Requirements to Study Engineering Management

Most of the universities in the USA, Canada require you to give the GRE. Few universities from Germany require GRE scores. However, GRE is not required for admission to Australian universities. IELTS or TOEFL is compulsory for acquiring student visa and as a proof of English proficiency.

Core Subjects in Engineering Management

Subjects include:

  • Marketing with application to Technology
  • Intellectual Property
  • Business Law and Entrepreneurship
  • Finance in High-Tech Industries
  • Corporate Finance
  • Operations Management
  • Statistical and Optimization Methods
  • Finance & Managerial Accounts

Specialisations in Engineering Management

Specialization subjects include:

  • Strategic Leadership and Management
  • Construction Management
  • Software Product Management
  • Conflict Management
  • Engineering Project Management
  • Leadership Development for Engineers
  • Communication Skills for Engineers
  • Managing Major Engineering Projects
  • Supply Chain Management

Cost of Studying Engineering Management

Although the fees vary from university to university, the average tuition cost for master’s studies in Engineering Management in the US are $30,000/year. Average living costs vary upto $8900/year. They are almost the same in Canada. In Australia, average tuition costs are A$35000 / year and the average living costs are A$8,500/year.

Job Prospects after Masters in Engineering Management

2019 Top Universities for Masters in Engineering Management

Stanford University
Georgia Institute of Technology
Columbia University
University of California, Santa Barbara
New York University
University of Southern California
University of California, Davis
Iowa State University
Case Western Reserve University
Lehigh University

More Universities to target for Engineering Management in 2019