Studyportals

Engineering Management

New Mexico Institute of Mining and Technology

M.Sc.
24 months
Duration
37686 USD/year
22164 USD/year
Unknown
Tuition fee
Passed
Unknown
Apply date
Unknown
Start date

About

Entrance into the MEM program in the New Mexico Tech Management Department requires competence in engineering, science and mathematics comparable to a calculus‐based bachelor of science degree in an engineering or applied science discipline

Overview

The Graduate Engineering Management Program in the Department of Management at New Mexico Tech is designed for working engineers and applied scientists to attain knowledge, skills, and perspectives that will assist them in the management of increasingly large and complex technology-based projects. Successful management of these types of projects requires both analytical and people-oriented skills, and the 30-hour degree program is designed to instill both in our graduates through the following:

  • Ability to apply Management Science-based optimization techniques to problem situations in the real world. Understanding of the use of these techniques in an entrepreneurial context.
  • Ability to understand the structure of complex databases, how to do relatively simple data mining searches, and how to construct a database that may be useful to many users. 
  • Understand economic and financial modeling and simulation and its application to analysis and valuation of risky investment projects and portfolios. Understand the application of statistical techniques to real data encountered in project-oriented engineering environments.
  • Understand team building, project structuring, and implementation in the context of a technology-based organization.
  • Ability to analyze markets for new technologies from the perspectives of analysis of risk and uncertainty, the technology life cycle, and the product life cycle. Understand specifics of consumer behavior in the context of new technology products.
  • Understand the components of a successful funding package for an entrepreneurial venture, both within and outside a technology-based firm. Understand the negotiation process from game-theory and applied perspectives, and be able to put together the outlines of a business plan for a new venture.
  • Demonstrated ability to utilize one or more of the techniques and methodologies learned in EMGT coursework into a project – preferably a workplace application – that solves a real technology-management problem.
A key component of the New Mexico Tech (NMT) Master of Engineering Management (MEM) graduate program is the theoretical foundation underlying all courses. This theoretical exploration is very different from the conceptually-oriented graduate education in general MBA programs at conventional business schools.The other key difference between the Tech MEM program and a general MBA program is that Tech offers greater depth, rather than breadth, in its curriculum. The MEM program is focused on issues associated with the management of technology and innovation. This is reflected in the program’s focused coursework and in the independent study requirement.

Programme Structure

The purpose of the core is to provide foundations in quantitative and qualitative methods that will assist the practicing (or aspiring‐to‐practice) engineer in a changing technological and economic environment. The core is designed for engineers and is grounded in the notion that program participants possess the analytical skills associated with a calculus‐based undergraduate bachelor of science in engineering.The minimum of six (6) hours of electives will assist program participants to gain expertise in an area of interest and relevance to their careers. These two courses should be taken as a sequence, and participants may select their sequence after consulting with their faculty advisor(s). The elective sequence may be any approved graduate elective sequence from graduate coursework offered at New Mexico Tech. Students considering elective sequences from other graduate institutions may do in consultation with their New Mexico Tech graduate committee.The terminal MEM requirement is a final project, culminating in a formal document and presentation to the faculty that is analogous to the Independent Study option currently available to graduate students at New Mexico Tech. Participants will benefit from designing, supervising, and executing a project that will ideally be a workplace application. This experience will aid them throughout their careers as they are faced with the need to resolve critical strategic questions and implement recommended solutions.

Key information

Duration

  • Full-time
    • 24 months

Start dates & application deadlines

Language

English

Delivered

On Campus

Other requirements

General requirements

For more information, please visit program website.

Work experience

Preference for limited program slots will be given to individuals with at least 2 years work experience in either engineering or applied science.

Tuition Fee

  • International

    37686 USD/year
    Tuition Fee
    Based on the original amount of 18843 USD per semester and a duration of 24 months.
  • National

    22164 USD/year
    Tuition Fee
    Based on the original amount of 11082 USD per semester and a duration of 24 months.

Funding

Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

Our partners

Engineering Management
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New Mexico Institute of Mining and Technology

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