Engineering Management Department
The Master of Science in Engineering Management degree program provides practical training in the essential elements of running a technology-focused business including instruction in project management, business strategy, teamwork, collaboration, and communication, product management and marketing, accounting, finance, legal aspects of technology businesses, operations and supply chain management. For some, engineering management is described as a "technical MBA."
However, it is distinguishable from an MBA in its focus on training graduate students to manage the development of new technology and learning how to create competitive advantage from the strategic use of information technology. Currently, companies are showing a preference for technical graduate students who have both a deep understanding of technology and who also show cross-training in business management knowledge and skills. It is with this emphasis that the Engineering Management Department focuses its training.
Moreover, given the effects of globalization on technology-based businesses, the ITU masters in engineering management degree emphasizes the need for candidates to develop a strong appreciation and awareness of emerging technologies and to be able to adapt to the constant impact of change in the business environment.
The standards to which the Engineering Management program aligns itself include models provided from universities who are members of the Masters in Engineering Management Program Curriculum (MEMPC). This is a prestigious group of nine top-tier universities in America including Cornell University, Dartmouth, Duke, Johns Hopkins, MIT, Northwestern University, Purdue, Tufts University, and the University of Southern California. The ITU department also studies guidance put out by the American Society of Engineering Management (ASEM) and participates in the Technology and Engineering Management special interest group of the IEEE.