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ONLINE MASTER OF ENGINEERING IN ENGINEERING MANAGEMENT (MEM)

Learn how to accelerate your career and stand out as a leader within your engineering team. Steven’s Online Master of Engineering in Engineering Management (MEM) program equips you with the managerial and technical expertise to create and lead engineering projects.

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The Online Master’s in Engineering Management Program

Leverage Advanced Techniques to Forecast and Utilize Cost Information in Decision-Making

Assemble and Manage an Effective Engineering Design Team in a Business Environment

Analyze and Visualize Data Using Python and Other Tools

Build System Dynamic Models to Examine and Understand System Behavior

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Learn How to Create, Manage and Apply Technology to Engineering Projects
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The Master of Engineering in Engineering Management Online Overview

The Stevens online master’s of engineering in engineering management uniquely prepares engineers for leadership roles within their teams by fostering analytical and social intelligence to create and manage innovative engineering projects. The Master of Engineering in Engineering Management degree bridges the gap between the engineering and business fields, combining engineering’s technical knowledge and problem-solving skills with business management principles learned through an MBA. Students build their expertise in technical disciplines and people management through a holistic learning approach that includes a Capstone project where they address a real-world organizational challenge. Of note, the pillars and concentrations of the Stevens online master’s in engineering management program create an academic framework for a student to customize based on personal interests and professional goals. Online MEM students take core coursework built on three pillars: management for engineers, data science and management, and engineering modeling and risk analysis — all designed to meet the needs of students from diverse engineering disciplines. Then they take electives to pursue their interests or focus on a particular area. 

Unlike many other competitive online programs where the coursework is divided between the engineering and business schools, a Stevens online engineering management master’s student completes all of their classes within the Schaefer School of Engineering. Courses focusing on interpersonal and management skills are always contextualized through a lens of technical expertise. Stevens online master’s in engineering management students learn how to:

Leverage advanced techniques and analysis to estimate and use cost information in decision making.

Form and manage an effective engineering design team in a business environment.

Handle and process information using tools such as Python. 

Master the fundamentals of system dynamics and build system dynamic models.

QUICK FACTS

TERM START DATE

FALL 2024: September 9, 2024

OVERVIEW

  • 30 Credit Hours
  • 10 Courses
  • 100% Online
  • 2 Years or Less Completion Time*

*Total time to complete the program may vary based on the number of credits taken each semester.

No. 12

IN THE NATION

Recognized as the No. 12 Online Master’s in Engineering Management program in the country by U.S. News & World Report (2023).

No. 14

IN THE U.S.

Ranked among the “Best Value Colleges” for  20-year return on investment by Payscale (2021).1 

No. 13

IN THE NATION

Recognized as one of the Top 20 U.S. Private Schools for Best Career Placement by The Princeton Review (2022).

100%

EMPLOYMENT

100% of MEM graduates in the Class of 2021 accepted job offers within three months of graduating.2

No. 1

IN N.J.

Named the No. 1 Online Master’s in Engineering Program at a N.J. school (U.S. News & World Report, 2022).

1 Based on the cost of a four-year bachelor’s degree program.
2 Based on data from 63% of spring 2021 graduates who attended full time.

Online Engineering Management Degree Career Outlook

According to the U.S. Bureau of Labor Statistics (BLS), there are 201,500 architectural and engineering managers employed across the U.S.1 and 222,100 industrial production managers.2 The BLS forecasts about 29,000 openings in these two fields each year between 2022 and 2032, with 11,800 of these being new openings.3

The states with the highest employment rates for engineering managers include California, Texas, Michigan, Pennsylvania and Illinois. Engineering manager salaries vary according to location, but many upper-level roles are well into the six figures. The BLS lists the median annual wage for architectural and engineering managers at $165,370.4

1 U.S. Bureau of Labor Statistics, 2024.
2 U.S. Bureau of Labor Statistics, 2024.
3 U.S. Bureau of Labor Statistics, 2024.
4 U.S. Bureau of Labor Statistics, 2024.

Related Career Fields

Graduates of the M.Eng. in Engineering Management program bring a blend of interpersonal and technical skills to a variety of engineering and engineering leadership roles.

Prospective Occupations for Engineering Management Graduates

Job Title
Employed
Median Annual Earnings
Job Title Architectural and Engineering Manager
Employed 201,500
Median Annual Earnings $165,370
Job Title Industrial Production Manager
Employed 222,100
Median Annual Earnings $116,970
Job Title Materials Engineer
Employed 22,300
Median Annual Earnings $104,100
Job Title Electrical Engineer
Employed 196,600
Median Annual Earnings $103,320
Job Title Environmental Engineer
Employed 47,300
Median Annual Earnings $100,090
Job Title Mechanical Engineer
Employed 286,100
Median Annual Earnings $99,510
Job Title Industrial Engineer
Employed 327,300
Median Annual Earnings $99,380
Job Title Project Management Specialist
Employed 881,300
Median Annual Earnings $98,580
Job Title Civil Engineer
Employed 326,300
Median Annual Earnings $95,890
Job Title Surveyor
Employed 50,800
Median Annual Earnings $68,540

Source: U.S. Bureau of Labor Statistics, 2024.

Engineering Management Degree Online Curriculum/Concentrations

Online MEM students take coursework built on three pillars: management for engineers, data science and management, and engineering modeling and risk analysis.

Terms 1-3 lay the groundwork for technical proficiency and managerial success through a series of required core courses, while Terms 4-5 are for taking electives or a program concentration.

TERM 1

This course presents advanced techniques and analysis designed to permit managers to estimate and use cost information in decision making. Topics include: historical overview of the management accounting process, statistical cost estimation, cost allocation, and uses of cost information in evaluating decisions about pricing, quality, manufacturing processes (e.g., JIT, CIM), investments in new technologies, investment centers, the selection process for capital investments, both tangible and intangible, and how this process is structured and constrained by the time value of money, the source of funds, market demand, and competitive position.

This project-based course exposes students to tools and methodologies useful for forming and managing an effective engineering design team in a business environment. Topics covered will include personality profiles for creating teams with balanced diversity; computational tools for project coordination and management; real-time electronic documentation as a critical design process variable; and methods for refining project requirements to ensure that the team addresses the right problem with the right solution.

TERM 2

This course brings a strong modeling orientation to bear on the process of obtaining and utilizing resources to produce and deliver useful goods and services so as to meet the goals of the organization. Decision-oriented models such as linear programming, inventory control, and forecasting are discussed and then implemented utilizing spreadsheets and other commercial software. A review of the fundamentals of statistical analysis oriented toward business problems will also be conducted.

This course enables the engineering management student to acquire the knowledge and skills they will need to handle the variety and volume of information encountered in today’s workplace. The course uses Python, which is rapidly becoming the language of choice for information handling and data analysis. Students will work with both structured and semi-structured data.

TERM 3

This course emphasizes the development of modeling and simulation concepts and analysis skills necessary to design, program, implement, and use computers to solve complex systems/product analysis problems. The key emphasis is on problem formulation, model building, data analysis, solution techniques, and evaluation of alternative designs/ processes in complex systems/products. An overview of modeling techniques and methods used in decision analysis, including Monte Carlo and discrete event simulation is presented.

This course is a study of analytic techniques for rational decision-making that addresses uncertainty, conflicting objectives, and risk attitudes. This course covers modeling uncertainty; rational decision-making principles; representing decision problems with value trees, decision trees, and influence diagrams; solving value hierarchies; defining and calculating the value of information; incorporating risk attitudes into the analysis; and conducting sensitivity analyses.

To meet the interests and career goals of students, the following courses are available as recommended electives during Terms 4 and 5. Alternately, students may take up to four courses that focus on a particular area of their choice including Construction Management, Mechanical Engineering, Electrical Engineering, and Systems & Software Engineering upon reviewing the specific courses with the faculty advisor or Program Director.*

TERM 4**

Project success depends, largely, on the human side. Success in motivating project workers, organizing and leading project teams, communication and sharing information, and conflict resolution, are just a few areas that are critical for project success. However, being primarily technical people, many project managers tend to neglect these “soft” issues, assuming they are less important or that they should be addressed by direct functional managers. The purpose of this course is to increase awareness of project managers to the critical issues of managing people and to present some of the theories and practices of leading project workers and teams.

MANAGERIAL ANALYTICS ELECTIVE

This course provides a hands-on introduction to the modern techniques for visualizing data and leverages such techniques with the corresponding problem solving skills necessary to complement data visualization into specific strategic decision making. The student will first learn to use the latest off the shelf software for data visualization. In specific the student will learn the following languages: R, D3, Google refine and Spot fire.

SUPPLY CHAIN AND LOGISTICS MANAGEMENT ELECTIVE

The supportability of a system can be defined as the ability of the system to be supported in a cost effective and timely manner, with a minimum of logistics support resources. The required resources might include test and support equipment, trained maintenance personnel, spare and repair parts, technical documentation and special facilities. For large complex systems, supportability considerations may be significant and often have a major impact upon life-cycle cost. It is therefore particularly important that these considerations be included early during the system design trade studies and design decision-making.

TERM 5**

The Capstone is a customized and personalized experience that allows students the opportunity to build innovative solutions for real-world engineering problems. Students will collaborate with a faculty member and tailor their projects to their areas of interest or use real-life issues at their current organizations.

MANAGERIAL ANALYTICS ELECTIVE

Getting usable information from the vast amount of data we are immersed into requires a combination of methodologies, tools, techniques, algorithms and ingenuity. Creating views, extracting trends, defining patterns, identifying clusters are all elements we need to manage large data. The field of data mining has evolved from the disciplines of statistics and artificial intelligence. This course will examine methods that have emerged from both fields and proven to be of value in recognizing patterns and making predictions from an applications perspective. Final goal of the course is to provide the students with a “data toolbox” they can use in their activities. This “toolbox” contains methods and tools that students will use themselves during the course for real world applications. The course is hand-on, but no coding is required, using Open Source Data Science tools that are based on Graphical User Interfaces.

SUPPLY CHAIN AND LOGISTICS MANAGEMENT ELECTIVE

This course covers the theory and application of modeling aggregate demand, fragmented demand and consumer behavior using statistical methods for analysis and forecasting for facilities, services and products. It also aims to provide students with both the conceptual basis and tools necessary to conduct market segmentation studies, defining and identifying criteria for effective segmentation, along with techniques for simultaneous profiling of segments and models for dynamic segmentation. All of this provides a window on the external environment, thereby contributing input and context to product, process and systems design decisions and their ongoing management.

*Applicants are not required to select a program concentration during the application process.

**Students lacking sufficient statistics coursework in their academic background will be required to take Probability and Statistics for Systems Engineering in lieu of an elective course in term 4 or term 5. Once enrolled, students will work with a student support coach to determine which courses to take.

Why Choose Stevens Engineering Management Master’s For Your Online Master’s in Engineering Management 

The Stevens online master’s in engineering management program is ranked number 12 in U.S. News and World Report’s “Best Online Master’s in Engineering Management Programs” for 2023. U.S. News & World Report also listed it as the number one “Online Master’s in Engineering Program at a N.J. School” for 2022. The Princeton Review rated Stevens as the “Top 20 U.S. Private Schools for Best Career Placement” (2022) and PayScale listed Stevens as number 14 of “Best Value Colleges” (2021). 

Stevens online master’s in engineering management program graduates work at Exxon, BMW, Lockheed Martin, IBM and Goldman Sachs. They also find opportunities in every sector since engineering management professionals are in demand in any industry where technical roles require business management expertise. This includes manufacturing, education, banking, retail, government, agriculture and healthcare. The average engineering manager salary is around $165,370.

The Stevens Online Master of Engineering in Engineering Management coursework is offered 100% online. In doing so, students can complete the degree in less than two years while continuing to work. Prospective MEM candidates are typically mid-career engineers looking to develop leadership competencies and enhance their technical proficiency. Upon completion of the program, Stevens online master’s in engineering management program graduates are equipped with the managerial and technical expertise to utilize management systems and successfully create and lead engineering projects. 

FREQUENTLY ASKED QUESTIONS

The typical path to becoming an engineering manager is earning a bachelor’s degree in engineering in your field of interest and passing the National Council of Examiners for Engineering and Surveying (NCEES) Fundamentals of Engineering exam as well as obtaining your state-specific license and certifications.

Many engineers seeking to acquire leadership competencies or add additional technical expertise after gaining five to six years of experience working in the field enroll in an online master’s in engineering management program. You only need your engineering license to become an engineering manager. However, some people with the job title engineering manager opt to earn engineering management certifications from the American Society for Engineering Management. The median salary for an engineering manager is around $165,370.

Yes. The MEM enables engineering professionals to enhance their technical and management expertise and advance to leadership roles within their teams. There also are numerous job opportunities for engineering management degree holders in the various engineering fields and professionals with the job title “engineering manager” are in demand in any industry where technical roles require business management expertise. The median engineering manager salary is around $165,370.

One hundred percent of members of the MEM class of 2021 who responded to a survey indicated that they had accepted job offers within three months of graduating.

Online Master of Engineering in Engineering Management (MEM) Accreditation

Stevens Institute of Technology has been continually accredited by the Middle States Commission on Higher Education (MSCHE) since 1927. Stevens is accredited until 2027 and the next self-study evaluation is scheduled to take place during 2026 – 2027.

MEM ALUMNI HAVE GONE ON TO EMPLOYMENT AT ORGANIZATIONS SUCH AS:

BMW

GOLDMAN SACHS

LOCKHEED MARTIN

EXXON

IBM

UPS

FACULTY

The School of Systems and Enterprises (SSE) faculty is made up of experienced educators and active researchers who offer industry insights to Engineering Management students.

Professional headshot of Stevens faculty member, Alparslan Emrah Bayrak

Alparslan Emrah Bayrak

Assistant Professor
Professional headshot of Stevens faculty member, Chong Ee

Chong Ee

Adjunct Professor
A professional headshot of Stevens faculty member, Yeganeh Hayeri

Yeganeh Hayeri

Professor
Professional headshot of Stevens faculty member, Carlo Lipizzi

Carlo Lipizzi

Program Director and Professor
Professional headshot of Stevens faculty member, Teresa Zigh

Teresa Zigh

Teaching Associate Professor

PROGRAM ADMISSION REQUIREMENTS

BACHELOR’S DEGREE

Minimum GPA of 3.0 from an accredited institution. Degree required to begin the program; completion not required at time of application.

TWO LETTERS OF RECOMMENDATION

Faculty members and/or professional colleagues.

STATEMENT OF PURPOSE

Optional, but strongly recommended.

ACADEMIC TRANSCRIPTS

Applicants must submit transcripts from all undergraduate and graduate institutions where credit was earned. You may submit unofficial transcripts during the application process. After admission, you will be required to submit official transcripts.

TOEFL/IELTS/DUOLINGO SCORES

Required for international students.

RESUME

Optional, but strongly recommended.

Key Dates & Deadlines

Term
Early Submit
Priority Submit
Final Submit
Start of Classes
Fall 2024
May 21, 2024
Deposit Waiver* and Application Fee Waiver Available.
June 25, 2024
Application Fee Waiver Available and Early Application Review.
August 6, 2024
September 9, 2024

*Applicants who apply by the early submit deadline and are admitted may be eligible for a $250 deposit waiver. Applicants who receive education assistance from employers or other tuition discounts are not eligible. Other eligibility conditions may apply.

TUITION*

$1,864

Per Credit (30 Credits)

$60

Application Fee

Fee waivers available

$250

Enrollment Deposit

Financial Aid

*Tuition based on fall 2023 rates effective September 2023. Tuition and fees are subject to change annually. Additional program fees may apply.

UPCOMING WEBINARS

Attendees will receive an application fee waiver.

Engineering Management Master’s: Blending Technical Expertise with Interpersonal Management
Thursday June 6, 2024
07:00 PM ET

Request Information

By submitting this form, I agree to be contacted via email, phone, or text to learn more about the programs at Stevens Institute of Technology. Since this program is 100% online, Stevens Institute of Technology does not offer US visas to attend.