I am often asked questions about the salary and employment prospects for graduates from an Engineering Management program such as the one at Oklahoma State University. That is a very difficult question to answer in general. For example, oil prices are low, and companies involved exploration and production of oil and natural gas are contracting. On the other hand, the aerospace industry here in Oklahoma is experiencing a shortage of engineers.
To better answer that question IN GENERAL, I will point you to U. S. Department of Labor’s Bureau of Labor Statistics. Their Occupational Outlook shows a median pay of $132,800 per year in 2015. They also predict very strong competition for these jobs in the coming years… All the more reason to better equip yourself with an advanced degree.
Here is an interesting article in ACM Queue about skills needed as an engineering manager. This article is aimed toward software engineering, but it is valuable for all engineering and technology managers.
The author lists 9 traits that she learned as an engineering manager. Two of them really jumped out at me:
3.) Explaining tech to non-tech. If you can’t explain your problems, solutions, concepts, etc., to non-tech colleagues and management, I doubt that you ever get much support. your projects may never see the light of day.
6.) Caring about other disciplines. The author mentions understanding the roles of sales and marketing. I will add finance and human resources, just to name a few.
How do you learn these things? Most can be taught, but are not really understood until put into practice on the job. You might consider adding a M.S. in Engineering and Technology Management to your resume. Such a degree will certainly give you a head start down the road to acquiring these skills.
According to U. S. News and World Report, some students find that a “bootcamp” type of course is a quick way to job. Being involved in higher education where we offer a Master of Science in Engineering Management, I find there is room for many types of programs. Yes, bootcamps seem ideal for retraining or transitioning from one filed to another. On the other hand, we hear from employers all the time that the engineers that get promoted most frequently have two traits: 1.) They are excellent engineers that can mentor other engineers AND 2.) have an understanding of how the business functions. That is, they understand how their actions affect the “business” of the organization.
So, I say, yes, their are many valuable educational programs and venues. Not every program is correct for every student.
(Note: This article was posted in 2015 when I was living and working in Louisville, KY.) According to Louisville Business First, after CEO’s and Medicine/dental, Engineering Managers have very high pay here in the Louisville area.
HIghest local pay (2014). Source: Louisville Business First.
Sitting watching a huge container ship in the glide up the Savannah River toward the Port of Savannah, Georgia, gave me a new perspective on container ships… They are HUGE. They make shipping containers look like Legos.
A friendly visitor seated next to me talked about how the Corps of Engineers was dredging the river to accommodate the new super containers ships that would soon be able to pass through the widened Panama Canal.
A little research made me again marvel the inter-connectivity of our world. Currently, most of the goods shipped to the US from Asia go to a West Cost port. They are then offloaded and moved inland via truck or rail. Once the Panama Canal is widened shipping rates to the East Coast will be reduced because the new ships can carry about twice as many containers. This will mean that containers destined for Memphis or Chicago may actually transit Panama and make port in Savannah or Charleston.
Wow… a “little” change about 1600 miles away can have a major effect on business activity here.
In December 2014, I got a text message from one of our military students, a U.S. Army pilot stationed in Korea, that he was ferrying a plane from Korea to the East Coast, and had scheduled an overnight rest stop over in Louisville. He knew that I had an interest in aviation and invited me to Louisville International airport to tour the plane. (I must confess that I suspected the he had the ulterior motive of confirming that I was a really person, not just a bot teaching his online courses.)
Come to find out, the plane was a decommissioned Beechcraft King Air, known to the Army as an RC-12H. Before he arrived, I did some online research to find out more about the plane and found some pictures of this King Air with about a ‘gazillion’ antennae protruding from every surface… clearly this plane had a mission to “listen” to something.
RC-12H in military configuration
The plane that I got to tour had all of the electronic eavesdropping device and antennae removed. The primary content inside the plane were the standard cockpit instruments and auxiliary fuel tanks.
Come to find out, that very plane made the news when it was airlifted to an Army Depot located in the Pocono Mountains in Pennsylvania. Here is the story of the final flight of this plane: To view the news story, click this link.
Video of Airlift of RC-12H to its final destination.
I wanted to thank our student for including me in this adventure.
I also want to thank all of our military students for their service to this great country of ours!
We begin a new chapter in the Engineering Management program. The Department of Industrial Engineering at the University of Louisville has offered the M.Eng.E.M. degree on campus in Louisville and in Panama for many years.
Beginning today (8/26/2013) this degree will be available as a fully online program. Our goal for the first semester was to have 20 students enrolled. As of this writing, there are 35 students registered for courses, with a few last minute applications pending.
Several of our students are recent grads of the various undergraduate degrees offered by Speed School. Most of our students are new to UofL as well as new to online education. The bulk of our students are in the general Louisville area, but we have students scattered around the U.S. and military students deployed internationally.
This a strong start to an exciting new program.
If you would like more information, please click this link.
I am being asked more frequently a question such as, “What is the difference between and MBA and a Master’s in Engineering Management?” The follow up question is, “Which one is right for me?”
Here are two recent articles that should provide some food for thought.
Vivek Wadhwa: Why I No Longer Advise Startups to Hire M.B.A’s
Steve Blank: Should I Get an M.B.A.?
I readily admit that Prof. Wadhwa teaches in an engineering school, and that might affect his point of view. However, between these two articles, there are some worthwhile thoughts that might help a prospective student with an important education decision.