During
the last two decades, traditional MBA programs have given
way to graduate degrees tailored to the business world's
increasing emphasis on technology, global expansion, and
the rise in entrepreneurship. At the same time, new MBA
programs are striving to accommodate working engineers'
need for flexible class schedules and relevant curricula,
as more midcareer professionals enter managerial positions.
"Virtually
every MBA program created a technology track in the 1990s," says
Bruce Clark, an associate marketing professor at Northeastern
University in Boston, which offers a technology MBA program
[see sidebar, ""]. "They're being designed
for people committed to tech careers. People in midcareer,
such as engineers needing management training in preparation
for a move to a new role in their companies, are the predominant
audience for these degrees."
Photo: Vincent L. Long
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The
result is an overwhelming array of offerings for engineers
seeking cross-disciplinary skills to better manage product
designs and foster technological innovation. Petersons.com,
an education Web site, lists more than 100 engineering
management programs. It includes technology MBAs, online
MBAs designed to accommodate the hectic schedules of working
professionals, and business programs focusing on entrepreneurial
and intercultural engineering skills.
The
Engineered MBA: Susan Jaques, a working engineer and student
at Deakin University's tech MBA program, says distance learning
requires organization and focus.
"These
programs teach engineers how to bring together different
disciplines and practice engineering in a team environment," says
Wade H. Shaw, editor of IEEE Engineering Management
Review. Most of these tech MBA programs are in the
United States, Shaw says, although some European schools
are beginning to follow suit.
Choosing
a course depends on your professional goals, family, job,
other obligations, and finances. Loosely speaking, traditional
MBAs are best if you're interested in finance, marketing,
and general management. A joint MBA-M.S. program is best
for in-depth study of a single science or technology. A
technology management degree is ideal if you'll be overseeing
divisions or projects requiring a working knowledge of
several technologies, and a technology MBA is suitable
if you'll be managing a technology company.
"Some
of our students start their own businesses,
but mainly, they are here to advance within their company," notes
Northeastern's Clark. For example, the university's MBA
class of 2002 averaged a 30 percent increase, to US $105
000, over their previous annual salaries, and more than
two-thirds received major promotions. Although many of
Clark's students hold undergraduate and even graduate
degrees in engineering, an increasing number have worked
in biotechnology, reflecting the growth of that industry
and the drop-off in information technology and telecommunications.
Many come armed with general MBAs but want more specialized
management training.
Such
technology-friendly specialization is also evident in the
University of Pennsylvania's Executive Master's in Technology
Management program, an MBA alternative taught by engineering
and Wharton business school professors. It targets students
who plan to continue in technology-intensive roles or industries
but need to understand strategic issues and develop stronger
management skills.
The
courses are designed to help students "anticipate and manage
emerging science and technologies," says the program's
codirector and engineering professor Dwight L. Jaggard.
Meeting on alternate weekends, students get a concentrated
version of traditional core MBA courses along with classes
in several technology areas, from IT and telecommunications
to nanotechnology, photonics, biotechnology, and drug discovery.
As
the business world becomes increasingly multinational,
management training programs are also taking a more global
outlook. U.S. business schools have formed alliances,
satellite campuses, and joint and exchange programs with
non-U.S. universities. These efforts aim to give students
the experience of tackling complex business and technical
concepts in an international setting.
Sixteen
years ago, increasing industrial competition, particularly
that from Japan, prompted the Massachusetts Institute of
Technology to found the Leaders for Manufacturing program,
which offers a dual MBA-M.S. degree. Initially, it focused
on teaching those with science and engineering backgrounds
the fundamentals of manufacturing and operations in a cross-disciplinary
way. Nowadays, it also looks at more contemporary issues
like globalization and outsourcing. International subject
matter and plant tours are becoming a major part of the
program, notes director Donald Rosenfield. Many students
spend a half-year in overseas corporate internships.
Other
programs sponsor visits to non-U.S. universities and companies.
This year, Penn students took a 10-day trip to China that
included classes at Hong Kong's University of Science and
Technology and tours of Hong Kong and Shanghai firms. Northeastern,
in association with the Reims Business School in France,
runs summer trips to Southeast Asia and Eastern Europe.
A recent trip to Singapore, Malaysia, and Thailand featured
seminars on how cultural mores affect business deals, and
how to raise capital locally and interact with regional
government offices and agencies.
How
do you teach someone to be an entrepreneur? "Traditionally,
universities have not been the best place for teaching
students how to start small businesses, be innovative,
and leverage basic science and engineering into new products," says
the IEEE's Shaw. "It's also hard to find people with
enough expertise across the necessary areas to teach." For
example, he notes, "in a start-up, you need engineering
expertise to make a prototype; management expertise to
market and sell the product; legal experts to sort out
patents, royalties, and product ownership; and people
adept at acquiring funding."
There's
an obvious demand for entrepreneurial programs and other
hands-on MBA programs. Northeastern's new master's degree
in technological entrepreneurship, for example, is designed
for students who want to start their own companies. Meanwhile,
its tech-MBA program for working professionals encourages
students to use their companies' real-life issues as class
lessons.
As a
Northeastern student, Peter Webb, a principal technical
specialist at engineering software firm The MathWorks,
in Natick, Mass., drafted an initial design for a program
to enable an existing MathWorks program to be used for
another application. His adaptation saved the company the
costlier task of creating a new program from scratch. A
great example of technical activity driven by an in-depth
understanding of the business side of a company, the resulting
software began shipping this past June.
Deakin
University's program addresses the risk associated with manufacturing
and product design
Webb,
who began his career as a programmer, says, "My technical
education had not prepared me for the challenges I'd face
as a manager, like reading financial reports, dealing with
immigration lawyers, and understanding marketing lingo.
After my MBA, I not only knew that stuff, but also how
to create and manage an environment where tech innovation
and creativity could be fostered. You wouldn't get that
from a normal MBA."
Mira
Sahney had worked as a research engineer before enrolling
in MIT's Leaders for Manufacturing program. Though she
knew a lot about product development going in, she says, "You
learn only the way your company does it. Management school
gives you the chance to learn from case studies and other
students' and also alumni experiences."
Engineers
with families and work commitments who still
want to earn a tech management degree have created an
explosion of programs and scheduling options that include
weekend, evening, and online classes. Northeastern's
accommodation of working professionals was a significant
factor in Webb's decision to matriculate there. "It enabled
me to keep my job, which is huge if you have a mortgage
and kids," he says.
MIT's
System Design and Management program, jointly run by the
Sloan School of Management and the School of Engineering,
is an alternative to an MBA program, and graduates receive
an M.S. degree. Geared toward engineers on upward leadership
tracks in their organizations, it features distance learning
options and live video classes.
Coursework
centers on the development of complex engineering systems
such as software, infrastructure, and defense products.
Students take core courses in systems architecture, engineering,
and program management; MBA-style managerial courses; and
four technology electives. Each also writes a thesis addressing
the engineering and management aspects of a systems-related
challenge.
Deakin
University in Melbourne, Australia, two years ago launched
an "engineered" MBA degree program taught by faculty from
business, law, science, and engineering. The curriculum
was designed with the help of the professional association
Engineering Education Australia. Though a traditional MBA
program might cover only a product's financial risk, for
example, Deakin's program also addresses the risk and liability
associated with manufacturing and product design.
Like
many MBA programs these days, this one also gives students
the option of distance learning through mailed class work
and learning guides, as well as access to study groups
and tutors via the Internet, videoconferencing, phone,
and fax. "Many of our students are in the military, posted
overseas or in submarines," remarks Glenda Graham, manager
of development for Engineering Education Australia. "This
structure gives them maximum flexibility over where and
how to study."
"Distance
education requires a different approach to learning," says
Deakin student Susan Jaques, a senior project engineer
with Brisbane Oil and Gas in Australia. "Without classes
to attend, you have to be very organized and focused. The
subject material is not spoon-fed: you have to be able
to take the information you get and figure out what to
do next."
Cooperation
between academia and industry will become more prevalent
as companies continue to streamline manufacturing, notes
Dennis Mahoney, director of MIT's System Design and Management
program. Five years ago, MIT faculty worked with defense
contractor United Technologies Corp., Hartford, Conn.,
to create certificate programs and workshops for the company's
systems engineers. After a successful pilot program, the
school now plans to open similar programs with other companies.
Developing
complex engineering systems will only get harder in the
future, says Mahoney, "given the accelerating complexity
of integrating resources, technologies, suppliers, and
producers in a global environment." By training managers
to be tech savvy, he says, "we can help transform their
enterprises."