Master of Engineering Management (MEM) in USA – Top Universities, Costs, Eligibility, Jobs & Salaries
Masters in Engineering Management (MEM) degree is also famously known as the “Engineers’ MBA”. It’s a great option for the engineering graduates who want to fast track their careers without putting a big hole in the pocket (an MBA degree from a top school can be as expensive as $200,000). In this article, Parinita Gupta writes about the Masters of Engineering Management (MEM) in USA – top universities, costs, eligibility, jobs, and salaries.
Master of Engineering Management in USA
Co-authored by Parinita Gupta
What is a Masters of Engineering Management (MEM)
MEM is a professional Master’s Degree that bridges the gap between the field of Engineering or technology and the field of Business Management. Engineering Management is a multidisciplinary field that seeks to address problems associated with complex engineering operations or systems. MEM graduate programs are grounded in principles such as systems engineering, management science, project management, and financial analysis. The degree is popular among engineering graduates who want to get a higher management position or role in the corporate hierarchy.
How is MEM different from the Masters of Management (MiM) and MBA programs?
A Master of Engineering Management degree is more specialized than an MBA or MiM in quite a few aspects. The primary focus is on the leadership and management aspects that are required to manage large and complex technical and engineering projects.
Common core courses for these degree programs are likely to include topics in financial studies for engineers, engineering management, organizational behavior, decision making in engineering and strategic management for engineers.
Eligibility Criteria for MEM Programs
Both Master of Engineering Management and Master of Business Administration (MBA) degree programs, typically require applicants to fill out the necessary applications and submit official transcripts, the required test scores (GRE or GMAT), letters of recommendation, a personal statement and a resume.
Master of Engineering Management programs may have additional requirements of a minimum 3.0 GPA, a bachelor’s degree in engineering or a STEM discipline and work experience (1 – 2 years). These programs may also require students to have a solid background in Engineering, Calculus, Statistics, Science, and Physics. Some MBA degree programs may have a minimum GPA requirement as low as a 2.0. They also require applicants to have work experience in a few instances.
A Master of Engineering Management is a more technical degree program designed for Engineers while an MBA is a broader program for business professionals. Both degree programs vary greatly in their course topics and admissions requirements however; they prepare graduates for careers in leadership positions.
Why Study Masters in Engineering Management in USA?
Masters in Engineering Management is widely offered in the USA and they also offer one of the best universities and curriculum to cover these programs. MEM programs are offered both full-time and also through distance learning. The admission requirements may vary depending upon the requirements from different universities.
If you’re looking for top universities that provide an MEM degree, there’s a consortium of schools that go by the name Master of Engineering Management Programs Consortium (MEMPC) which is something worth looking at.
The MEMPC is nothing but a small group of highly selective and forward-thinking professional graduate engineering management programs dedicated to the following goals:
- Maintaining outstanding, industry-relevant academic programs by sharing best practices, curricular innovations, benchmarking studies, industry input and student feedback.
- Providing a national network of MEM students, alumni and faculty to facilitate career progress and placement.
- Promoting the benefits of a MEM degree to business and industry through joint outreach ventures.
- Answering what a MEM graduate can do for your company.
46 Top Universities for Masters in Engineering Management (MEM) in USA
- Cornell University
- Dartmouth College
- Duke University
- Johns Hopkins University
- Northwestern University
- Purdue University
- UT Austin
- University of Southern California (USC)
- Northeastern University
- Penn State University
- Colorado State University
- The University of Texas at Dallas
- University of Colorado Boulder
- The University of Texas at Arlington
- University of Arizona
- Tufts University
- Stanford University
- Columbia University
- San Jose State University
- University of Michigan – Ann Arbor
- Illinois Institute of Technology, Chicago
- University of South Florida
- UC Irvine
- University of Dayton
- New Jersey Institute of Technology, Newark
- University of Houston – Clear Lake, Pasadena
- University of North Carolina at Charlotte
- National University, San Diego
- Rochester Institute of Technology, Rochester
- Stevens Institute of Technology, Hoboken
- Central Michigan University, Mount Pleasant
- Wichita State University
- Western Michigan University
- University of Michigan-Dearborn
- University of Maryland Baltimore County
- Syracuse University
- Clarkson University
- University of Kansas
- Iowa State University
- Gannon University
- Drexel University
- Univeristy of Idaho
- University of Nebraska, Lincoln
- Montana State University
- International Technological University
Duration and Fees of MEM Programs in USA
Achieving a degree in Engineering Management gives students the required knowledge and skills to apply them to the engineering field. Rather than just working as an engineer on various projects, the MEM graduates will be able to lead and manage engineering teams to ensure that projects are successful and on budget.
The duration of the Masters in Engineering Management programs will depend on the mode of the program. A full-time program generally lasts from 12 to 24 months. On the other hand, distance-learning or Part-time programs may last half a year to 9 months or it may also continue up to a year.
The tuition fees for MEM programs for the students depend on the University and duration of the programs. The estimated tuition fee for one term may range from $28,000 to $65,000. This range of fees includes the entire tuition fee or the yearly fee depending on the length of the program. For international students, the tuition fees vary anywhere between $50,000- $105,000 which includes living expenses.
Top Recruiters, Jobs, and Salaries after MEM in USA
The average salary for the students from some Top Business Institutes/ Schools after completing the MEM degree can be around $90,000 per annum. The figures mainly fluctuate depending on the firm and the city locations. After completing the MEM degree, the candidate can be hired as an Application Engineer, Associate Marketing Manager, Automation Engineer, Business Analyst, Client Services Analyst, Clinical Specialist, Director of Business Strategy, etc.
In today’s complex data-driven world, companies prefer candidates with both strong business and engineering acumen over candidates with pure engineering backgrounds. Masters in Engineering Management graduates are highly in demand for jobs in the following domains:
- Data analytics
- Product management
- Marketing management
- Performance Analytics
- Quality Control
- Application Engineer
- Automation Engineer
- Director of Hardware Engineering
- Economics Consultant
- Financial Analyst
- Firmware Engineer
- Forensic Analyst
- Global Markets Analyst
A few of the top companies hiring Masters in Engineering Management graduates around the world include IBM, Google, Bloomberg, Deloitte, Apple, Amazon, General Motors, Goldman Sachs, etc. Transition to senior management and leadership roles among MEM graduates is often quick because of their strong in-depth skills in engineering & management. After successful completion of the Engineering Management degree, the graduates can easily achieve a higher salary. Saying that students can easily recover the money invested in a master’s program in the US. The candidates should, therefore, choose the university wisely before getting enrolled for the Master’s program.
The average salary of a MEM graduate highly depends on the university; the candidate’s academic and work experience in the specific field, the company, geographical location, etc. Graduates from top universities may fetch an average salary in the range of $70K to $90k annually. With proper experience, it can easily go beyond $100K.
About Parinita Gupta: Parinita is a full-time banking professional. Additionally, she is also a passionate blogger and digital marketer.
She mostly writes about the Banking & Finance, Technology, and FinTech sector. But, she also enjoys writing on other topics as well. You can follow her on Twitter.
Need help with Masters (MS) Applications at Top Universities? Check our MS Admission Counselling Services & Pricing.
Author: Tanmoy Ray
I am a Career Adviser & MS Admission Consultant. Additionally, I also manage online marketing at Stoodnt. I did my Masters from the UK (Aston University) and have worked at the University of Oxford (UK), Utrecht University (Netherlands), University of New South Wales (Australia) and MeetUniversity (India).
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