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.
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.
Specialization subjects include:
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.