General Information: +1.303.735.5950 MBA graduates often work in marketing, economics, banking, finance and investment and are usually hired by non-technical companies. The masters in engineering management degree may not have the historical roots or established reputation like the … As the degree continues to grow in popularity, it raises a question that more and more prospective graduate students are encountering: What are the benefits of a masters in engineering management vs. an MBA? Our faculty bring substantial professional experience and are able to make assignments really authentic and relevant,” Svoboda says. I don’t think there’s a better environment for someone interested in an engineering startup or to collaborate, be mentored or get advice from a very engaged local community. An MBA offers proficiency on project management, business operations and organizational behavior across different fields and proves to be useful for students from a wide range of disciplinary backgrounds. This led to the eventual offering of what came to be known as Executive MBA programs. Students in the EMP encounter a carefully crafted program of study that offers a breadth of perspective and a depth of knowledge that sets graduates apart from traditional MBA graduates. A masters in engineering management enables students who come from an engineering or technically-related background to augment that knowledge with business skills it takes to bridge the gap and succeed as leaders and decision-makers in high-tech organizations, departments, and corporations - in a program that's designed specifically for, by and with engineers. “There’s a lot of group-based learning and so in any given group, you may find someone who works in software, a civil engineer, and an electrical engineer working together. But in recent years a new path has emerged for individuals whose professional pursuits are more focused on scientific and technical fields: the masters in engineering management. Understanding the Masters in Engineering Management Degree. An MBA, on the other hand, offers a broader curriculum that spans into different fields. The Program is offered through the College of Engineering and Applied Science at CU Boulder, which was founded in 1893 and is widely recognized among the top public research institutions in the country. This time, they aimed to balance out theoretical learning with more active, group-based project learning initiatives. Today, the masters in engineering management degree is recognized as an advanced credential, gaining momentum over the past decade with more programs emerging nationwide. Engineering managers occupy a unique position in their industry. The engineering management position draws from a wide set of aptitudes and often necessitates postgraduate training in the form of a master’s degree. A MEM is the best option for anyone with a solid engineering background and should be an engineer’s first choice when he or she wants advanced education in his or her field and has the desire to stay in a technical industry. To enroll in an MEM program, one must have an engineering or science-related undergraduate degree. In that sense, finding ways to develop leaders who can effectively synthesize engineering and technology expertise with skills in management, leadership, creative thinking and decision-making creates a kind of “best of both worlds” professional. Even in non-engineering companies and organizations, engineering impacts all kinds of business initiatives and endeavors in a variety of ways and more often than not is becoming the focal point of major organizational decisions. In fact, the degree itself has a deeper history than most might think; early forms of graduate-level programs focused on providing business management and leadership skills specifically for individuals looking to work at engineering and technology organizations began emerging in the 1960s. “Students in our Program benefit from a very diverse classroom dynamic,” Svoboda says. It entertains students from a wide variety of undergraduate disciplines with 3-5 years paid work experience. We're working on a new One additional aspect you should consider when weighing the choice between a masters in engineering management vs. the MBA is: which will be more effective at setting you apart in the eyes of potential employers? In addition to newer and emerging areas of specialization within MBA programs, another obvious evolution over the years has been how courses, and programs in general, are delivered. Is Engineering and Management a good degree ? Industrialization and the growth of heavy industry and manufacturing companies required a new kind of manager who could effectively oversee and lead large operations with divided areas of specialization and labor tasks, and successfully bridge the divide between management and employees. Privacy • Legal & Trademarks • Campus Map, College of Engineering and Applied Science, The MBA was first offered during the early 20th century. In the 1950s and 1960s, research indicated that MBA programs at the time weren’t broad enough and needed to incorporate more study of theoretical concepts and research opportunities. With an MEM, engineering students and professionals get to concentrate on technical concepts and get to develop their management skills in their core areas of expertise. Areas of study in the Program’s curriculum include: Additionally, the Program requires the completion of up to five elective courses, which provide students with opportunities to further specialize their studies and develop highly-marketable knowledge and expertise in new and emerging areas. The trend shows no signs of slowing — the explosive growth of complex organizations and companies that are driven primarily by engineering and technology are contributing to the demand for the degree and further strengthening its name recognition. Entrance requirements vary by program and institution, and both the masters in engineering management and MBA require the successful completion of graduate-level entrance exams (though in some cases applicants who have achieved a certain GPA for their undergraduate degree may be exempt from this requirement). According to the Ohio University, most individuals with an MBA work for finance and accounting firms, businesses that deal with services or consumer products, consulting firms, non-profits, and government agencies in the West Coast or the Northeastern United States. the Lockheed Martin Engineering Management Program at the University of Colorado Boulder, College of Engineering and Applied Science at CU Boulder, Finance and Accounting for Engineering Managers, Project Management OR Software Project Management OR Fundamentals of Systems Engineering, Advanced Topics in Quality Management/Systems, Independent Study – Industry Sponsored Projects. Unlike MEM programs, most MBA programs in the United States require a GRE or GMAT but aside from this requirement, it is fairly easy for any student with an undergraduate degree from any discipline to get into an MBA program.
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