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Whether you are still finalizing an undergraduate degree in an Engineering-related field, or if you’re a graduate already working in a similar industry, earning a Master’s in Engineering Management Online may be the next step in advancing your career. An Engineering Management emphasis takes the skills students to develop in their undergrad and blend them with essential business practices, making graduates highly marketable in leadership positions. Whether you’re looking to bring new expertise to a company under which you’re already employed, or if you’re interested in starting your own firm, an online master’s degree in Engineering Management will provide you with the necessary preparation for lifelong career success.
www.onlinemasterscolleges.com is an advertising-supported site. Featured or trusted partner programs and all school search, finder, or match results are for schools that compensate us. This compensation does not influence our school rankings, resource guides, or other editorially-independent information published on this site.
Southern New Hampshire University is a private, nonprofit, accredited institution with more than 3,000 on-campus students and over 60,000 online students, making us one of the fastest-growing universities in the country. Founded in 1932, we’ve been relentlessly reinventing higher education ever since and have gained national recognition for our dedication to helping students transform their lives and the lives of those around them.
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Most Affordable Master’s in Engineering Management Programs Online
One of the most stressful aspects students typically grapple with when returning for graduate school is the cost of their program. To make this easier on you, we’ve gone through and found 15 of the most affordable master’s degrees in Engineering Management, allowing you to focus more on preparing to continue your academic career.
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Affordability is important, but there are other qualities students are typically looking for in a graduate program. This list outlines 15 of the best online master’s degrees in Engineering Management out there, based on qualities such as program length, graduation rate, class size, and overall quality.
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Understanding an Online Master’s in Engineering Management Program
A master’s degree in Engineering Management is designed to teach students how to not only apply their undergraduate engineering training to long-term project planning but also how to incorporate the business know-how that is often necessary to execute these plans to their fullest extent. These programs are a good fit for students who hold a bachelor’s degree in an Engineering-related field who are interested in more management-related positions.
What is Engineering Management?
An Engineering Management graduate will often find themselves accomplishing higher leadership roles within an engineering firm, or going on to start a firm of their own. Whether you’re interested in achieving a like project manager or project leader, a program in Engineering Management will foster the skills that are necessary to accurately oversee other employees, guiding them through the necessary steps of achieving specific engineering project goals.
Online Master’s in Engineering Management Admission Requirements
As is the case with many graduate-level programs, you will likely be required to meet certain requirements before being able to apply to an Engineering Management master’s degree program.
Related Work Experience: Many Engineering Management master’s programs will expect applicants to have a certain amount of professional work experience prior to being allowed to apply.
Related Undergraduate Program: It’s also common for these programs to be looking for applicants who received a bachelor’s degree in an engineering-related field.
GPA: A specific GPA may not always be required for admissions into a grad program, but it’s not uncommon. Some schools may give you a few options for how GPA is calculated though: programs may look at your overall GPA, or they may allow you to use your GPA from your most recent 60 undergraduate credits.
Curriculum for an Online Master of Engineering Management Program
Budget Planning: Being able to accurately assess how much a project will cost is one of the most important aspects of managing an engineering project. Classes like this will teach you the skills necessary to develop a long-term budget plan, guaranteeing all project funds are allocated to the most efficient areas.
Ethical Engineering Practices: These courses teach you a wide range of best practices for the engineering field, including how to facilitate strong, trustworthy relationships with clients; how to ensure legal compliance with all parties involved with a project; and how to handle conflicts of interest.
Foundational Project Management: Most programs will include a foundational Engineering Project Management course. Classes like these will provide a widespread of introductory knowledge, but may also give students the opportunity to get their feet wet by developing their first engineering management business plan.
Marketing Issues in Engineering: Just because you have a good product doesn’t necessarily mean it will sell. Marketing courses like these will guide you through how to pitch your ideas to potential clients, and how to ensure your projects receive as much funding as necessary to reach their greatest potential.
Organizational Leadership: The goal of a course like this is to provide you with the skills that are common to all great leaders. You will develop strong communication skills, learn how to diagnose potential issues to a firm or project, learn how to handle organizational issues in the proper order and timeframe.
Online Master’s in Engineering Management Program Length
How long it takes to work through an academic program can depend on a few factors. A lot of schools may work on something similar to a cohort system, meaning you will be required to follow the same curricular sequence as the other students who were in your acceptance class. This, however, may be less common for online programs.
One of the best qualities of online learning is flexibility, and not necessarily just in regards to the class format. Some programs may permit you to attend “part-time”, meaning you are allowed to take as many or as few classes as you’d like per-semester. This would mean how long a program lasts will be for the most part decided by you.
In regards to credits, these programs may fall between 30 and 60 credits. A 60-credit program is often thought of as a “two-year” program, but this is assuming students are able to attend school mostly full-time (between 12 and 15 credits per semester).
Accelerated programs may exist. These often allow certain classes to be completed in short timeframes, perhaps cutting a semester in half, or maybe offering courses over the summer terms. Working through an accelerated format typically does not affect the overall cost of a program, but it can potentially get you working in the field a bit soon, which can help to pay off potential student debt.
How to Pay for a Master’s in Engineering Management Degree
Paying for an online master’s degree in engineering management may seem daunting at first, but there are many options to help support the financial side of a degree for prospective students and working professionals.
Techniques for Financing a Online Master’s in Engineering Management
Loans and Grants
Employer Tuition Reimbursement
Teaching and Research Assistantships
Graduate-level engineering management students can often qualify for grants at the state or federal level for funding their research. Backed by the government’s Direct-PLUS or Unsubsidized Stafford Loans, federal graduate loans can help students fund their degree while completing their necessary research. For more information, visit the Federal Student Aid website to see if you qualify.
It’s common for professionals in the field to return to school to advance their education. To help support their employees, many employers now offer reimbursement for the cost of graduate-level programs and degrees. Each employer can have their own requirements, so it’s important to understand each company, their reimbursement programs, and the requirements that employees must meet to qualify.
Engineering management master’s students might be able to fund their online degree through teaching research assistantship roles through their school. Many departments offer a limited number of these roles to help graduate students pay for tuition or their cost of living. Federal Work-Study (FWS) positions are also offered based on financial need, academic success, and specific areas of interest.
Scholarships for Online Master’s in Engineering Management Students
While finding an affordable program is helpful when it comes to what you’re paying out-of-pocket, it’s always a bonus to reduce that cost even further. Many schools will likely offer some kind of scholarship funding for qualifying students. Below you will find a few scholarships we’ve picked out that work well for an Engineering Management program.
National Science Foundation Graduate Research Fellowship ProgramWho Can Apply: The NSF graduate research fellowship is offered to early-career professionals who are also students enrolled in an ABET-accredited engineering program. Students will be able to choose their preferred project, graduate program, and advisor. Amount:$34,000 annual stipend and $12,000 for tuition. Deadline: June 15
Sigma Xi Grants in Aid of ResearchWho Can Apply: Open to graduate students in engineering and computer science, this award can be used to support the cost of research, travel, and required equipment. Amount:$1,000 Deadline: Varies
Florida Engineering Society: Florida Engineering Society (FES) is a professional organization that promotes and defends interests of all engineers in the state of Florida. FES administers many scholarships starting from high schools to universities. Some of these scholarships are available for students pursuing engineering management degrees. Visit this site to get full details of scholarships. Amount: Varies based on the scholarship Deadline: Varies based on the scholarship
Free or Low-Cost Master’s in Engineering Management Programs:
Graduate students continue to seek out affordable options for college, but did you know that there are online engineering management courses that are free? These courses do not get you a degree in Engineering Management, but you can learn the courses within Engineering Management for free and that too from reputable universities. Here are some courses that are available for free:
Resources for Online Master’s in Engineering Management Students
There are many engineering-focused professional organizations that are dedicated towards advancing professional acumen and providing necessary resources for field-specific announcements, cultivating professional relationships and networking, and promoting entrepreneurship, continuing education, and industry-specific development.
Society of Women Engineers: SWE’s goal is to give women in engineering a place and voice within the industry. SWE holds various networking events to promote professional networking and advancement amongst women.
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