An engineer is trained to solve problems and has expert knowledge of technical skills like coding and mathematics. A master’s in engineering management is appropriate for an engineer who wants to major in business acumen. An MS in engineering management guarantees core competencies and diverse skills in technology and management.
With this article’s help, you can bridge the gap between engineering and management. Furthermore, it will help you advance your engineering career with perfectly aligned business skills, as you can confidently optimize the outcomes of engineering processes with the help of business management tools.
Further, this article will also cover the skills you will learn in the engineering management curriculum. Also, we will unwrap some of the common job prospects and career paths that graduates in engineering management can choose from, along with their expected average salaries.
What is Engineering Management?
An MS in engineering management is intended for engineers to gain in-depth knowledge of managerial skills to excel in engineering projects. A master’s in engineering management will help managers focus on a project as a whole – from developing a product to completing the project.
An engineering manager can unleash new professional milestones and opportunities to help customers and organizations. A MEM course will boost productivity and efficiency and guarantee success for aspiring engineering managers. Through the online engineering management curriculum, aspiring students will develop the following skills:
- Effective communication
- Team building and leadership
- Negotiation skills
- Product development and quality management
- Budgeting, quality control, and performance management
- Logistics and sustainability
These skills will help the students deliver high-quality products and services in a competitive market. Most of the online courses will concentrate on the latest tools and technologies. As a result, greater emphasis will be placed on practical skills and their application to industry-led projects.
This is one of the advantages of a master’s in engineering management. The program’s project work will give students the confidence to apply the knowledge to practical business scenarios and solve problems with critical thinking.
Let us examine why a master’s degree in engineering management will advance your career.
Top reasons to pursue a Master’s Degree in Management Engineering
These reasons are enough to persuade you to make the right decision for your career:
1. Demand is higher
Since most businesses are technology focussed and driven, companies hire engineers who can also speak the language of business and collaborate with teams on future projects. According to Glassdoor, an engineering manager’s average salary in India is Rs. 4 million yearly. Companies like Honeywell, Infosys, and Intel are some of the hiring companies that offer jobs to experienced engineers with managerial skills.
2. Natural Progression in Management
A master’s degree is a natural progression for managers-to-be with a few years of experience in product development engineering. Many electrical, mechanical, and aerospace engineers transition into careers as project, process, and production engineers with a strong affinity for technical and managerial skills.
3. To be a leader
Once you pursue a career in engineering management will allow you to concentrate solely on building your strength and skill set to become a better leader in your field. In addition, the degree will teach you how to communicate with other engineers and non-technical backgrounds employees effectively.
Apart from communication, you will gain a well-rounded education and skills in finance, work ethic, and corporate social responsibility.
4. Edge over MBA
A master’s degree in engineering management is better than an MBA program. Though both the courses are similar, a MEM program requires students to have an educational background and experience in STEM. In addition, an engineering management degree will provide a holistic view of finance, marketing, and management that is right for today’s competitive market.
5. Technically advanced
The curriculum is updated with the latest tools and technology to prepare students to create new products and services for industries looking to innovate.
6. Manage Team & Collaboration
Managers will also amplify their expertise with other engineers to achieve the joint company’s goals and objectives. A master’s degree will promote collaboration between teams, stakeholders, and management and acknowledge outstanding ideas and innovation. This will increase inclusivity and the teams’ efficiency to achieve better results.
Job opportunities after MS in Engineering Management
In addition to engineering managers’ job prospects, various industries offer many professional positions depending on experience and education. Therefore, the scope increases after a master’s degree:
- Technical Manager
- Operations Manager
- Automation Engineer
- Project Management Engineer
- Product Manager
- Architectural Engineer And Manager
- Design Engineer
- Application Engineer
- Construction Project Engineer
- Structural Engineer
These are some of the job opportunities that we have mentioned. Still, the possibilities are endless for engineers who want to take responsibility for the engineering and business sides of the project.
For example, according to Glassdoor, an operational engineer in India earns approximately Rs. 1,49,000 monthly. At the same time, an automation engineer manager earns Rs. 2 million yearly.
As career options are endless, aspiring managers can bring their ideas to life and launch their products by combining technical expertise and business knowledge. In an engineering leadership training program, you will be equipped to bring about change and influence management decisions to provide better products through technological advancements.
Conclusion
It is the right time to pursue a master’s degree in engineering management for seniors looking to advance their careers into management roles. Technology and leadership go hand in hand. An MS in engineering management will help you increase your value in the company and foster a productive and conducive environment between teams for growth.
Simplilearn’s master’s course in engineering management is for a year, and students can take advantage of the online learning facility to concentrate on work and study for the boot camp. Simplilearn’s course will also allow you to study abroad to help you build a network, socialize and improve your chances of working internationally.
