What is Engineering Management?

Engineering Management Programs (MEM) combine professional engineering practice with core business and management subjects typically found in an M.B.A. program. These comprehensive graduate engineering degrees provide a blend of engineering skill and business knowledge needed to develop innovative solutions to complex business problems.  Furthermore today’s businesses face complex challenges – sustainability, environmental protection, outsourcing, the piecemeal integration of a process. Hence  there is a new need for companies and organizations to integrate technical and business skills to solve these difficult problems. MEM graduates can fill this gap. In the complex, competitive world of technology driven industry, skilled engineers who understand the essential principles of business and law have a tremendous competitive advantage.

Who should study Engineering Management?

If you are an engineering student interested in technology leadership or a career in industrial management, high technology management, R&D management or even technology entrepreneurship in a start-up company, an MEM degree may be the way to get started.  The Engineering Management Masters Program will enable you to develop skills in business, technology management, or entrepreneurship by combining a core management curriculum with a master’s level technical education – it is the appropriate alternative to a traditional masters in engineering or an MBA

Where should you study Engineering Management?

  1. Cornell’s MEM program is built around a core of three required courses and a project. The required courses are in Project Management, Business Analytic Methods, and Risk Analysis. The project activity is a one-semester focused team effort on problems that vary from year to year, with teams ranging from 4-12 students (depending on the scope and needs of particular projects). This activity provides valuable experience in working in a team, exercising leadership skills, and addressing problems that are too big to be done individually. In addition to this required core, students must also take a “financial” elective and a “behavioral” elective. The curriculum requires a student to complete a three-course specialization, which is normally a mixture of engineering and management courses, often focused on a particular application area like energy, manufacturing, telecommunications, biomedical, property development, etc.
  2. Dartmouth College’s MEM program draws from a partnership between Dartmouth’s Thayer school of Engineering and its Tuck School of Business. The curriculum centers around engineering analysis and design courses and a management core sequence. Courses in technology assessment, accounting, and risk assessment have recently been introduced, and the elective list now includes business law with an entrepreneurial focus, as well as technology project management, among others.
  3. Duke University’s MEM Program is a collaboration involving the Pratt School of Engineering at Duke and the Fuqua School of Business and School of Law. Duke’s interdisciplinary curriculum consists of a core business foundation, a focused technical concentration, an internship, and a seminar and workshops series. The four core business courses are marketing, accounting and finance, intellectual property and business law, and leadership and management. Duke envisions that it’s program will enable engineers have the interdisciplinary perspective to understand not only technological challenges, but also the environmental, societal, and fiscal implications of engineering design decisions.
  4. MIT’s SDM Program is a  balanced offering between systems-level engineering content and management content sufficient to prepare graduates to assume leadership roles in product and systems development – MIT itself showcases the program as meant for those who want to lead, not leave engineering
  5. Northwestern’s MEM Program combines innovation and entrepreneurship along with electives in design thinking and a  capstone Strategic Management course. The program is specifically meant for engineers already in project management/product management roles
  6. Stanford’s Masters in Management Science and Engineering is specifically meant for  engineers looking at a lifelong career in addressing the technical and managerial needs of private and public organizations. Successful applicants to this program know math, engineering and behavioral science. They can conduct experiments to design better systems, organizations and work processes. They understand how to analyze data to solve real-world problems. They can develop mathematical and computational models to inform action. They know how to surface and examine unarticulated assumptions and root causes.
  7. The University of Southern California’s MEM Program prepares recent engineering and related field graduates and working engineers for careers in managing in today’s technologically complex environment.

Careers following Engineering Management

A Master’s in Engineering Management equips a candidate with the following skill-set:

  1. Manage technical projects, from concept to completion
  2. Extract critical insights from big data
  3. Identify bottlenecks and streamline operations
  4. Create and analyze sophisticated financial models
  5. Balance market demands with product feasibility, cost, and ethical considerations
  6. Work collaboratively and communicate clearly with clients and colleagues

Companies that hire Engineering Management Graduates

  1. Abbott Laboratories
  2. Accenture
  3. Ambri
  4. AOL
  5. Applied Research Company
  6. Arcadia Solutions
  7. Baxter Healthcare
  8. Brooks Running
  9. Cisco Systems
  10. Engineered Materials
  11. Federation of State Medical Boards
  12. Fletcher Spaght
  13. GE Healthcare
  14. GE Ventures
  15. General Electric
  16. GlaxoSmithKline
  17. Global Crossing
  18. Goldman Sachs
  19. Harvard Office of Technology Development
  20. HAVI Global Solutions
  21. Heuft USA
  22. IBM
  23. ITW Hi-Cone
  24. Kraft Foods
  25. Logos Technologies
  26. MacLean-Fogg
  27. Medtronic
  28. Microsoft RTP
  29. Moog
  30. Morey Corporation
  31. Motorola
  32. Northrop Grumman
  33. Parsons Corporation
  34. Pharmavite
  35. Ranger Aerospace
  36. Recycled Energy Development
  38. Stryker Instruments
  39. Tabors Caramanis Rudkevich
  40. Tatum
  41. Verizon
  42. Abbott Laboratories
  43. Accenture
  44. Ambri
  45. AOL
  46. Applied Research Company
  47. Arcadia Solutions
  48. Baxter Healthcare
  49. Brooks Running
  50. Cisco Systems
  51. Engineered Materials
  52. Federation of State Medical Boards
  53. Fletcher Spaght
  54. GE Healthcare
  55. GE Ventures
  56. General Electric
  57. GlaxoSmithKline
  58. Global Crossing
  59. Goldman Sachs
  60. Harvard Office of Technology Development
  61. HAVI Global Solutions
  62. Heuft USA
  63. IBM
  64. ITW Hi-Cone
  65. Kraft Foods
  66. Logos Technologies
  67. MacLean-Fogg
  68. Medtronic
  69. Microsoft RTP
  70. Moog
  71. Morey Corporation
  72. Motorola
  73. Northrop Grumman
  74. Parsons Corporation
  75. Pharmavite
  76. Ranger Aerospace
  77. Recycled Energy Development
  79. Stryker Instrument
  80. Abbott Laboratories
  81. Accenture
  82. Ambri
  83. AOL
  84. Applied Research Company
  85. Arcadia Solutions
  86. Baxter Healthcare
  87. Brooks Running
  88. Cisco Systems
  89. Engineered Materials
  90. Federation of State Medical Boards
  91. Fletcher Spaght
  92. GE Healthcare
  93. GE Ventures
  94. General Electric
  95. GlaxoSmithKline
  96. Global Crossing
  97. Goldman Sachs
  98. Harvard Office of Technology Development
  99. HAVI Global Solutions
  100. Heuft USA
  101. IBM
  102. ITW Hi-Cone
  103. Kraft Foods
  104. Logos Technologies
  105. MacLean-Fogg
  106. Medtronic
  107. Microsoft RTP
  108. Moog
  109. Morey Corporation
  110. Motorola
  111. Northrop Grumman
  112. Parsons Corporation
  113. Pharmavite
  114. Ranger Aerospace
  115. Recycled Energy Development
  117. Stryker Instruments
  118. Tabors Caramanis Rudkevich
  119. Tatum
  120. Abbott Laboratories
  121. Accenture
  122. Ambri
  123. AOL
  124. Applied Research Company
  125. Arcadia Solutions
  126. Baxter Healthcare
  127. Brooks Running
  128. Cisco Systems
  129. Engineered Materials
  130. Federation of State Medical Boards
  131. Fletcher Spaght
  132. GE Healthcare
  133. GE Ventures
  134. General Electric
  135. GlaxoSmithKline
  136. Global Crossing
  137. Goldman Sachs
  138. Harvard Office of Technology Development
  139. HAVI Global Solutions
  140. Heuft USA
  141. IBM
  142. ITW Hi-Cone
  143. Kraft Foods
  144. Logos Technologies
  145. MacLean-Fogg
  146. Medtronic
  147. Microsoft RTP
  148. Moog
  149. Morey Corporation
  150. Motorola
  151. Northrop Grumman
  152. Parsons Corporation
  153. Pharmavite
  154. Ranger Aerospace
  155. Recycled Energy Development
  157. Stryker Instruments
  158. Tabors Caramanis Rudkevich
  159. Tatum
  160. Verizon

Salary Range – USD 65,000 – USD 1,10,000

Entering Class Profiles

  1. Average Age 24
  2. Women 43% 2
  3. Average GRE  Quant – 165
  4. Average GRE Verbal – 160
  5. Analytical Writing 3.5-4.0
  6. Average TOEFL – 108
  7. Grade Point Average 3.3–3.8

Application Process

Admission to the MEM program requires

  1. a Bachelor’s degree in engineering or science from an accredited institution (transcripts required, including an estimated GPA and a grade scale)
  2. Statement of Purpose
  3. Resume
  4. Three recommendations
  5. Graduate Record Exam (GRE) results
  6. Test of English as a Foreign Language (TOEFL) results (international applicants only)
  7. An interview

Tuition Fees

Typically Tuition ranges from USD 48,540 To USD 65,000. Scholarships are available on merit.

To know more about Engineering Management Programs and create a school shortlist and an application plan of action for yourself connect with us on 8097055667

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