As education technology advances, it’s becoming easier for working professionals to complete a master’s degree without disrupting their work schedule. Among the most popular degrees is the Master of Engineering Management (MEM).
An MSEM is an ideal choice for technical professionals looking to gain leadership skills in their field. Here are four reasons to consider enrolling in an engineering management MBA.
To advance their career
For senior engineers, the next step in their career path is often to move into management. They have two options: obtain an MBA or enroll in a master’s degree focusing on the abilities needed to be a successful engineering manager.
Unlike an MBA, which requires the study of broad and general subjects, such as marketing, supply chain management, and business strategy, a MEM program equips its graduates with the technical knowledge needed to oversee and manage engineering projects from a commercial point of view. It also enables students to utilize their understanding of classic and emerging technology to address complicated problems and develop novel commercial solutions.
MEM is designed for professionals, making it possible to pursue the degree without disrupting a full-time job. Many universities offer online MEM programs that are convenient and accessible to working professionals. This has enhanced this graduate credential’s visibility, reputation, and value.
To advance their knowledge
Once senior engineers have accrued years of experience in a technical field, they may wish to transition into management. However, earning an MBA degree can be expensive and time-consuming for working professionals, forcing them to put their careers on hold while pursuing graduate school.
Fortunately, there’s an alternative to an MBA that allows working professionals to hone their leadership and business skills while still staying in the field they love. A new alternative for practicing engineers is a Master in Engineering Management (MEM) degree, which combines conventional management courses with engineering-specific themes.
Because most MEM programs require applicants to have a background in a STEM field, they offer more options for working professionals looking to advance into management roles in a tech-centric environment. This gives the MEM degree an advantage over more traditional MBA degrees, which often accept students with a bachelor’s in a non-STEM field. Additionally, the MEM program offers a more concentrated curriculum pertinent to the demands of current tech-based enterprises.
To develop leadership skills
Unlike MBA programs, which may not provide the specific technical knowledge you need to lead a team of engineers or technology specialists, engineering management MBAs typically offer the opportunity to learn from faculty with a science, technology, engineering, and mathematics (STEM) background. This unique perspective is invaluable for developing leadership skills for complex technology-based enterprises.
It’s important to note that an engineering management MBA is a graduate-level program requiring a bachelor’s degree or equivalent work experience in a relevant field of study. However, it offers the opportunity to take your career to the next level by building leadership and business management skills, which will be valued in almost any industry or role.
It’s worth noting that while an MBA is more commonly known, the rise in demand for technical skills in management has also boosted the visibility and value of engineering management programs. Both choices are worthwhile for individuals seeking to enhance their professions in business or engineering.
To gain a competitive edge
A master’s degree in engineering management will help you obtain your goals, whether you are an engineering professional wishing to further your career or move into a team lead or project management-type responsibility. Unlike an MBA, typically structured as a general business degree, many MEM programs are specifically geared to the technical world of engineering management.
As a result, graduates are prepared to understand and apply business fundamentals to a technology-driven landscape. Adding this understanding to your engineering expertise, you will be better equipped to create solutions that address real-world challenges and deliver ROI for organizations.