Online Master of Science Engineering Management: Engineering Entrepreneurship Track

Engineers with the right blend of technical and management skills are among the most sought-after professionals in the field. 

Graduates with a Master of Science in Engineering Management will be able to pursue management positions in a wide range of functions, including product design, development and innovation, R&D, engineering management, general management, operations, project management, IT, software development, marketing and sales. In addition to logistics, trade and supply chain management, graduates can pursue careers in manufacturing, pharmaceuticals, information systems, telecommunications and energy.

Job Outlook

According to the U.S. Department of Labor Statistics, employment for engineering management professionals is expected to grow. Those who obtain master’s degrees will be among the most in-demand candidates for positions with a wide range of companies. Firms in a variety of industries will continue to seek new ways to contain costs and improve efficiencies.

Engineering management professionals with training in entrepreneurship are sought out for their specific skill set in helping businesses develop processes and proficiencies through the use of technology, and within a multitude of divisions. A master’s degree in engineering management with an emphasis in engineering entrepreneurship offers graduates maximum versatility as the degree can be applied to careers in nearly any field of business. Engineers with an entrepreneurial focus offer solutions for businesses and collaborate with a range of stakeholders to ensure an organization’s success.

Career Path

Operations Supply Chain Engineer, Systems Engineer/Architect, Project/Program Manager, Applications/Sales Engineer, Technical Lead/Manager, Data Scientist, Engineering Project Manager, Business Intelligence Analyst, Automation Engineer, Chemical Process Engineer, Client Services Analyst, Construction Project Engineer, Design Engineer, Director of Hardware Engineering, Economics Consultant, Firmware Engineer, IT Manager, Logistics Engineer.

Non-traditional Career Paths

Sales

Marketing

Business Development

Technical Program Manager

Income Range

$95,000 - $208,000

Industry Outlook

FL: 13% ⬆️

US: 4% ⬆️

(Sources: Bureau of Labor Statistics and onetonline.org)

Program Curriculum

The Master of Science in Engineering Management online program consists of three semesters. Students enroll in 4 courses (12 credits) each semester.  During the Fall and Spring, students will enroll in four 16-week courses. During the Summer, students will enroll in two 12-week courses.  A total of 30 credit hours, including three components: the Engineering Management Core Courses (nine semester hours), Business Electives (nine semester hours) and Engineering Entrepreneurship Track (12 semester hours). Up to six semester hours of graduate credit may be transferred into the master’s program.

Elective Courses

Students in the Engineering Management program are required to take 3 courses (9 credit hours) to build an engineering management core foundation that includes topics in engineering quality management, systems improvement, engineering project management, intellectual property issues, and business laws. The 3 core courses are:

EIN 5226 Total Quality Management for Engineers Fundamentals of TQM and its historical development. Integration of QC and management tools, QFD, benchmarking, experimental design for scientific management.

ESI 6455 Advanced Engineering Project Management This course covers entire phases of project management including selection, planning, budgeting, scheduling, monitoring, and control. It focuses on the management of engineering projects through case studies and independent research assignment.

LAW 5072 Business Law and Intellectual Property for Engineers and Entrepreneurs Focused on the formation, governance, operation, and legal protection of businesses. Coverage includes contracts, malpractice, products liability, employment law, and intellectual property law.

Business Elective Courses

Students in the program are required to take 3 courses (9 credit hours) to gain fundamental knowledge about management functions that includes topics in accounting, finance, organizational behavior, leadership, marketing, and operations management. The suggested list of courses is given below:

ACG 6026 Accounting for Managers Presentation of the nature, techniques and uses of accounting from the perspective of people who manage businesses and investments in businesses. Covers both financial and management accounting.

FIN 6406 Corporate Finance In-depth examination of asset, liability and capital structure management, with emphasis on valuation capital budgeting techniques; risk evaluation; working capital management; and methods of short-term, intermediate and long-term financing.

MAN 6209 Organization Design and Behavior Covers how managers interact with organizations to accomplish complex tasks by examining how strategy, structure and systems interact with behavioral variables.

MAN 6830 Organization Information Systems Introduction to information systems and their role in organizations from a user’s viewpoint. Survey and application of the basic concepts necessary for understanding information systems. Study of the main activities in the development cycle used to acquire formation systems capability.

MAR 6805 Marketing Management in a Global Environment Analysis and application of theory and problem solving for marketing management in the global environment. Emphasis will be on the role of marketing in the organization; planning the marketing effort; management of the marketing organization; control of marketing operations; and evaluation of the marketing contribution.

MAN 6501 Operations Management This course covers analysis, design, and operations of organizational systems. The systems approach is used to provide a framework or general model of analysis, to which specific concepts, quantitative techniques, and tools can be related. The material presented has application to any organization of people and machines, including hospitals, governmental agencies, service organizations, and industrial concerns.

EIN 5359 Industrial Financial Decisions The use of financial techniques and data in planning, controlling and coordinating industrial activities. This course will familiarize the student with accounting concepts and analytical methods.

Engineering Entrepreneurship Track Courses

Students in this track are required to take four courses from Engineering Entrepreneurship course list. Additional courses may be selected with approval of the program director.

EGN 6436 Manufacturing Process Design Resources modeling, process plan modeling, and planning methodologies for process selection, operations selection, machining parameters selection, setup planning, and inspection planning.

EIN 5367 Design of Production Systems The design of an industrial enterprise including feasibility, plant layout, equipment specifications, auxiliary services, economics and scheduling.

EIN 6105 Technology Policies and Strategies Strategies and policies for managing all aspects of technology. Includes value chain integration, intellectual property, and internal processes and systems.

EIN 6160 Management of Innovation and Technology The course provides an integrated view of management of technology. The combination of theory and practice addresses the challenges of globalization, time compression, and technology integration.

EIN 6324 Technology Entrepreneurship Entrepreneurial process, evaluation of technology, startup operations and strategy, business plans and venture capital, intellectual property and rights, growth and technology management.

EIN 6325 Business Plan Development This course deals with the critical decisions and action steps that entrepreneurs must make in both planning and executing a new venture. It also covers how to develop an effective written plan.

EIN 6327 Entrepreneurship and New Venture Initiation It covers critical factors of initiating new ventures: entrepreneurial networks, venture creation, strategies, evaluation, financing, legal considerations, market strategies, and feasibility analysis.

EIN 6329 Advanced Engineering Business Plan Development This course takes students through the process of writing a plan for a new business venture through to implementation. Heavy emphasis placed on research and case analysis.

EIN 6392 Product Design for Manufacturability and Automation Overview and integration of the design-material-manufacture process. Design considerations for manufacturability, assembly, and economical production. Concurrent engineering systems.

Applicants for admission into the Master of Science in Engineering Management online program must meet the following University Graduate School admission criteria: 

Admissions Requirements

• A bachelor’s degree in STEM (science, technology, engineering, math), business or a closely related field from a regionally accredited institution with a minimum of “B” average in upper-level undergraduate work, or a graduate degree from an accredited institution.

• Undergraduate grade point average (GPA) of 3.0 or higher for the last 60 hours of upper division coursework. The applicant whose GPA does not meet the minimum GPA requirement may be considered for conditional admission.

• Good standing with all previously-attended colleges and universities. 

Transfer of Credit

Students may receive permission to transfer up to a maximum of six semester credits provided that: (1) the courses were taken at the graduate level at an accredited college or university; (2) with a grade of ‘B’ or better; (3) the courses were judged relevant by the program director; (4) the credits were not used toward another degree; and (5) the credits will be no older than six years at the time of graduation. No more than 12 semester hours taken at FIU as a non-degree seeking student may be counted toward the Engineering Management graduate program. 

International Students

• Proof of English Language Proficiency. If you earned a bachelor degree in a country whose official language is not English, you must demonstrate English language proficiency by earning a passing score on the Test of English as a Foreign Language (TOEFL) or the International English Language Testing System (IELTS). TOEFL required minimum score: 550 (paper-based exam) or 80 (internet-based). IELTS required minimum score: 6.5. When requesting official scores, please refer to FIU Institution code 5206. TOEFL / IELTS scores are valid for two years. View list of TOEFL/IELTS-exempt countries.

• Official Transcripts Translation. If official transcripts are not in English, a second copy of the transcript must be requested for translation by an official translation agency. Both the official translation, as well as the original transcripts, must be submitted to FIU.

• Certified Copy of Diploma. If you obtained your degree at a foreign institution.

Admissions Documents

The following must be submitted:

• Online master's programs application. Be sure to select Master of Science in Engineering Management.

• Official transcripts from all previously attended universities. A copy of the diploma is needed if the degree is not posted on the transcript. 

• A resume including education, training, and employment history, practical and research experience (such as projects and publications), skills and other pertinent information.

• A statement of purpose describing your professional goals and reasons for pursuing this degree at FIU.

• Three letters of recommendation must be sent. Letters are to be from those who have knowledge of the applicant's prior professional experience (e.g. a supervisor) or of the applicant's ability to perform graduate work (e.g., a professor) and should attest to the applicant's intellectual ability, motivation, maturity, and potential. 

Meeting the minimum admission requirements does not guarantee admission into the program. Official transcripts/translations must be submitted directly by the respective institution(s) in electronic format or mailed in a sealed institution envelope to: 

FIU Online
Florida International University
11200 SW 8th Street, MANGO 540
Miami, FL 33199

Pursuing your graduate degree is one of the best investments you can make – one that will open doors to personal and professional opportunities. Our tuition costs represent some of the best value in higher education, and we also offer financial aid support to help you reach your goals.

The total cost of the online Engineering Management program is $25,000 for Florida residents and non-Florida residents. Students pay for courses at the beginning of each semester. All fees are subject to change.

Scholarship opportunities available

Academic Works

FIU offers   Academic Works, a website that matches students with relevant scholarship opportunities.  Find the one that’s right for you!  Academic Works is an online scholarship application tool where FIU students can browse and apply for more than 100 scholarships, made possible by the generosity of FIU alumni and friends.  Students can apply after they are matriculated into one of our programs.  For more information visit   https://give.fiu.edu/business-governance/scholarships/.

Other Resources

There are other third party resources that prospective students can access while researching on how to pay for school.  Below are various links that provide more information on financial aid and scholarship opportunities:

• FinAid
• FastWeb
• BigFuture

Federal Financial Aid

For information on Federal Financial Aid and the Free Application for Federal Student Aid (FAFSA), please visit our   financial aid page.

Learn more about the details of our program by listening in to our information session.