Every engineer faces a choice after graduation, a choice between practical knowledge or higher studies. Higher education happens to be the most popular choice amongst the millennials today and completing one’s master’s degree in a stream that matches one’s passion and career goals is as important as the degree itself. A master’s degree today is an important aspect of one’s career, not just because it gives more detailed information about the course the student is interested in, but also the fact that it gives a feeling of accomplishment and respect to the student in the field. While Engineering students have numerous branches and courses to choose from, another option that is now upcoming is an MS in Engineering Management.
|Course||Master of Technology in Engineering Management|
|Duration||1 – 2 years|
|Eligibility Criteria||BE/Btech Degree in Engineering|
|Average Fees||INR 1 lakh – INR 4 lakh|
|Average Salary||INR 4 lakhs – INR 6 lakhs|
|Job Options||Engineering Project Manager, Senior Lead Analyst, Construction Management Engineer, Cost System Analyst|
This Blog Includes:
- What is MS in Engineering Management?
- MS in Engineering Management Syllabus
- Subjects Covered
- Tuitions Fees and Cost
- Admission requirements for MS in Engineering Management
- MEM vs MBA
- MS in Engineering Management Online Courses
- Top Colleges in India 2023
- Top Colleges Abroad
- MS in Engineering Management in Canada
- MS in Engineering Management in UK
- MS in Engineering Management in USA
- MS in Engineering Management in Germany
- Ms in Engineering Management in Australia
- Top Recruiting Companies
- Top 5 High-Paying Jobs
What is MS in Engineering Management?
Master’s degree in Engineering Management, abbreviated as MEM is a degree specifically designed for engineering graduates to build the connection between engineering, technology and management. The course is mainly related to managing and optimizing the results of engineering processes using enterprise management tools. The degree is popular among engineering grads who want to get a higher management role in their business hierarchy. As can be understood by its name, it applies to only those students who have an engineering background and are capable of grappling with the technical aspects of the course. Having an undergraduate degree in engineering and the required percentage to enrol in the program are the only two requirements of this course.
MS in Engineering Management Syllabus
Enlisted below are some of the common subjects covered are-
- Statistics and Probability
- Managerial Economics
- Operations Management
- Technology Management
- Accounting and Financial Management
- Project Management
- Data Analysis
- Engineering Systems Simulation
- Design Project Management
- International Business Management
MEM is a multi-disciplinary and immersive program. Students are required to take many core and specialised courses and select electives as well as mandatory internship modules to move forward in their areas of specialization. These are as follows:
- Applied Machine Learning
- Data Science for Business Intelligence
- Operations and Supply Chain Management
- Technology Development and Commercialization
- Computer Simulation for Risk
- Operational Analytics
- Project Management
- Product Management
- Manufacturing Management
- Systems Engineering and Architecture
- Environmental Systems Analysis
- Economics & Public Policy
- Leadership and Organizational Behaviour
- Strategic Management
- Business Accounting
- Finance, etc.
The duration of the (MEM) program will depend on the university or college that you might choose. A full-time program may last somewhere around or between 12 to 24 months whereas a part-time degree or distance learning program may get completed in 6 to 9 months or a year.
Tuitions Fees and Cost
The tuition fee for a MEM program will depend on the 3 factors (in general) that are:
- University/ College/ Country
Students wishing to study in the United States would be forced to pay a fee of 25.41 lakh. The average tuition rate for the first year is 17.42 lakh, with a living expense of 7.99 lakh.
Students who want to study in Canada would have to spend 15.24 lakh. The average tuition rate for the first year is 10.50 lakh, with a living expense of 4.85 lakh.
Students who want to study in the United Kingdom will have to pay 21.48 lakh. The average tuition fee for the first year is 16.38 lakh, with a living expense of 5.10 lakh.
Students who want to study in Australia would have to spend 25.97 lakh. The average tuition fee for the first year is 20.63 lakh, with a living expense of 5.34 lakh.
Several Accreditation bodies for MEM include:
- Master of Engineering Management Programs Consortium
- American Society of Engineering Management
- Accreditation board for engineering and technology
- National Council of Examiners for Engineering and Surveying
- The Institution of Engineering and Technology
- European Network for Accreditation of Engineering Education, etc.
Admission requirements for MS in Engineering Management
Admission requirements may vary between universities and the mode of learning, but here are some basic admission requirements:
- A bachelor’s degree in an engineering or science discipline or its equivalent with a good CGPA.
- Good GRE or GMAT scores as preferred by universities.
- At least 2 letters of recommendation
- Statement of purpose
- TOEFL, IELTS, or PTE scores for international students whose native language is not English.
- All past academic records and transcripts
- Work experience (if asked by a university)
MEM vs MBA
If you are confused between MEM or MBA, the choice that you will be making will depend on your long-term career goals and interests. Before making a suitable choice, applicants must be familiar with the admission requirements, program of study, career outcomes and cost of education or tuition fees while selecting a program. Some points that students must keep in mind when it comes to choosing between two courses are listed below:
|MBA||MS in Engineering Management (MEM)|
|The MBA program is generally open to graduates from any discipline or field of study like science, arts, commerce etc.||MS in engineering management or MEM is a specialised program or degree that is strictly designed for science and engineering graduates with a stronghold in Physics, Mathematics, Chemistry and Mechanics.|
|MBA programs are much more expensive than doing MS in engineering management.||It is much more affordable than a regular MBA degree which is also regarded as a money-making degree.|
|Professional or work experience is required before going for an MBA program especially abroad.||MS in engineering management is designed for young engineers and science enthusiasts so the need for work or professional experience is not required.|
|MBA covers a wide variety of subjects that are related to management and its disciples and does not particularly focus on technology.||In Masters in Engineering Management, an engineering student is in touch with the course he/she studied in their undergraduate while getting the opportunity to learn new and different perspectives of how a company or business runs.|
|MBA is ideal if you want to move to higher-level business management and leadership roles||MS in engineering management is specially designed in order to build the connection between engineering, technology and management.|
|The MBA is ideal if you want to transition to top-level executive and business management positions.||If your interest and heart lie with technology and if you are passionate enough to develop and foster strong business and decision-making skills to solve complex problems, then MS in engineering management is the course to go for.|
MS in Engineering Management Online Courses
Here’s a sneak peek of the Online Full-Time/Part-Time courses offered for the course by various institutes in countries:
|Engineering Management MSc Online||Brunel University London|
|Master Management in Engineering Management||IU International University of Applied Sciences, Germany|
|MSc in Engineering Management Online||Tufts University – Medford, USA|
|Master’s Degree in Website Management and Engineering||UNIR, Mexico|
|Master of Science Engineering Management||Westcliff University, USA|
|Master of Science in Engineering Management||Embry-Riddle Aeronautical University, USA|
|Master in Engineering Management||University of Siena, Italy|
Top Colleges in India 2023
Find below the top science colleges in India which offer MEM:
- St. Stephen’s College, Delhi
- Loyola College, Delhi
- St. Xaviers College, Mumbai
- Institute of Management – Christ University, Bangalore
- Madras Christian College, Chennai
- The Oxford College of Science, Bangalore
- Stella Maris College, Chennai
- Ramjas College, Delhi
- Fergusson College, Pune
- Hans Raj College, Delhi
Top Colleges Abroad
Many colleges across the globe offer an MS in Engineering Management, and they also offer variations to the same course to provide a more suitable course framework according to the convenience of the students. The variants are-
- Combined engineering course with engineering management as an option.
- An engineering branch with management
Here are some of the well-known universities for MEM programs around the world:
- Cornell University
- Duke University
- Dartmouth College
- Johns Hopkins University
- Massachusetts Institute of Technology
- Purdue University
- Northwestern University
- University of Southern California
- McGill University
- University of Ottawa
- University of Windsor
- University College London
- Brunel University London
- The University of Melbourne
- University of Auckland
- Tsinghua University
- RWTH Aachen University
MS in Engineering Management in Canada
There are many universities in Canada that offer engineering with management at the master’s level. Universities like the University of Alberta, the University of Ottawa, the University of Regina and the University of Windsor offer courses like MEng, MS and MBA in the field.
MS in Engineering Management in UK
The UK is one of the leading countries in terms of quality research and teaching. Some of the best universities in the UK are the University of Birmingham, University College London, University of Warwick, Coventry University and Brunel University. The minimum eligibility criteria for studying MEM in the UK is a bachelor’s in the relevant field of study, a GRE and an IELTS score.
MS in Engineering Management in USA
Studying Engineering Management in the USA is an excellent choice as the country is particularly famous for its STEM courses. Universities like Cornell University, Johns Hopkins, Duke University, Northwestern University, and the University of Wisconsin offer courses like MEng, MS and MBA for this course for a duration of 1 to 2 years. The one-year course fees for these programmes are somewhere between INR 110,770 to INR 56,664.
MS in Engineering Management in Germany
Germany is another great destination for studying abroad for master’s in science. Top Universities like Technical University Berlin, HTW Berlin, Technical University Munich and Hamburg University of Technology offer MEM to international students. The cost of studying MS in Germany is between 1 to 2 lakh (course fees for one year) and the eligibility criteria for the same is a bachelor in engineering with IELTS, TOEFL or other German language test scores.
Ms in Engineering Management in Australia
MEM in Australia is an excellent choice for students hoping to advance in their careers and get managerial exposure. Australia is one of the best countries for management and has some of the best universities for this course such as the University of Queensland, Melbourne, Curtin University and Deakin University.
Top Recruiting Companies
Top firms that are responsible for hiring MEM graduates include:
- Apple Financial Service
- Bain & Co
Top 5 High-Paying Jobs
Read on to find out the most prominent career & jobs after MEM
The Individual looks after technical staff on engineering projects within their company, ensuring that projects are completed on time, within the given budget, and within project specifications.
A project manager is responsible for the planning, procurement, and execution of the project in any definite undertaking.
A professional who uses analysis and design techniques to solve business problems using information technology. Students who want to study in Canada would have to spend 15.24 lakh. The average tuition rate for the first year is 10.50 lakh, with a living expense of 4.85 lakh.
The Operations Manager is concerned with the management of designing and controlling the process of production & redesigning business operations.
A professional with advanced technical skills and sufficient managerial skills.
Both the degrees have elevated professional job opportunities, for many, the more traditional way is MBA which delivers a better range of career options, while for many others the more recent masters in engineering management are the better choice.
Here are some choices you can consider – Automation engineer, Chemical process engineer, Client services analyst, Design engineer, etc.
Here are the 5 essential elements that need to be included – Strategic Planning, Product Development, Communication, Resource, People.
Thus, we hope that through this blog you must have got all the necessary information and facts that will help you in future if you want to pursue MS in Engineering Management. Reach out to our Leverage Edu experts for a step by step guidance and personal counselling. Book your free session with us today.