When you earn a degree in engineering management you will build a foundation in business leadership fundamentals.

Most affordable online masters in engineering Management

Are you currently employed in a technical field but want to enhance your vocational outlook? Are you excited about the premise of leading teams to create innovative products? Are you hoping for a program that is specifically designed for working professionals?

Then an online graduate degree in engineering management may be the next best step for you!

Advance your career and become a technical leader with one of the most Affordable Online Master’s in Engineering Management programs.

What kind of online Master’s in Engineering Management degree should you get?

Each program is unique in its format and emphasis.

For example, at the University of Maryland College Park you can earn a Master of Engineering degree with a specific focus on project management. However, at UCLA you can earn a broader engineering degree then specialize in business.

Find a program that not only offers the specialization you require, but also the format that works best for you. And take heart that each of these programs are offered fully online. Distance education is the way of the future, offering cheap tuition and notable flexibility.

For that reason, you should also look at College Choice’s Most Affordable Online Colleges and Universities for a Master’s Degree.

How much money do people make with a online Master’s in Engineering Management degree?

When you combine technology and engineering with business and leadership you’re looking at one lucrative career field.

Payscale, for example, notes an average annual salary for Engineering Managers of $110,827. But that’s just the average. Depending on experience and education, which a graduate degree can give you, engineering managers can make upwards of $155,000 a year.

What can you do with an online Master’s in Engineering Management degree?

A Master’s in Engineering Management degree opens up your career in innumerable ways.

This degree not only demonstrates your advanced technical skill sets, but it enables you to be a leader in an array of industries and settings.

Whether you want to work in chemical or bioengineering, consumer product design or civil architecture, there is always a demand for project managers and team leaders. One of these online degrees ensures a confident step into management positions.

What are the requirements for an online Master’s in Engineering Management degree?

Most of these programs take at least two years to complete, though some can be earned in less time. Regardless, you’ll allocate your first term or two to core coursework. This entails foundational business courses such as:

  • Operational Management
  • Economics
  • Financial Accounting
  • Technical Entrepreneurship

Then, in your second year you will have the opportunity to narrow your scope. You can take electives in areas pertaining to your interests and career goals. These are wide-ranging, including everything from Six Sigma to lean technology, engineering statistics to probabilistic analysis.

What are the most affordable online Master’s in Engineering Management degrees?

Though some of these engineering management degrees are offered through large research universities and others through small religious colleges, all share one thing in common: they offer the most flexible and affordable engineering management degrees.

To find the most affordable programs we first looked at every program across the country that offers the degree online. From there we calibrated tuition rates, financial resources, and scholarship opportunities. What we found are not only the 25 most affordable programs, but some of the best ranked too!

Our figures and information come from the university and colleges’ websites, PayScale, and nationally recognized US News & World Report and The National Center for Education Statistics.

1

Louisiana Tech University

Average Net Price: $9,497

School Website

Overview

Louisiana Tech University is located in Ruston and is part of the the University of Louisiana System. It is a public school committed to research development with current collaborations with NASA, the National Science Foundation, and more. Nearly 13,000 students attend LA Tech.

Features

LA Tech’s MS in Engineering and Technology Management degree allows students to concentrate specifically in engineering management. This is an ideal program for those who are interested in the tech industry and its relationship to engineering and leadership. Some of the classes you’ll take include:

  • Finance and Accounting for Non-Financial Managers
  • Engineering Administration
  • Economics and Decision Making
  • Statistical Analysis for Six Sigma

Notables

Forbes names LA Tech one of “America’s Top Colleges.” Indeed, the school is lauded for its social mobility, community service emphasis, affordability, and academic excellence. Clearly strong in many areas, LA Tech is most known for its engineering, pathology, and education programs.

2

University of Michigan-Dearborn

Average Net Price: $11,322

School Website

Overview

The University of Michigan is not only one of the best schools in the nation, it is world-renowned for its engineering programs. And the Dearborn campus is no exception. UM Dearborn offers more than 100 academic programs, though its management and engineering degrees are among the best. Approximately 9,000 students attend this branch of the University of Michigan.

Features

The MS in Engineering Management degree at UM Dearborn consists of 35 credit-hours that can be earned fully online. This program will equip you for a career as a technical manager in a range of fields, from marketing to accounting, law, and finance. The wide-ranging curriculum covers everything you need to know about:

  • Production Management
  • Systems Engineering
  • Total Quality Management
  • Management of Product and Process Design

Notables

Students at UM Dearborn have access to all the same resources, events, libraries and archives, and services of the main campus. And one could argue that UM Dearborn students also have access to the same prestige. The University of Michigan system is one of the best in the Midwest.

3

University of South Florida

Average Net Price: $11,398

School Website

Overview

The University of South Florida is located in Tampa and is part of the State University System of Florida. It is a research university with more than 130 programs of study, including those offered through its renowned College of Engineering. More than 40,000 students attend USF.

Features

USF offers an MS in Engineering Management program designed to help you develop critical technical management skills. You will study both qualitative and quantitative approaches to leadership and production. And you will build your knowledge base in process optimization, entrepreneurship, and analytics through classes such as:

  • Technology Finance
  • Engineering Management Policy and Strategies
  • Work Design and Productivity Engineering
  • Management of Technological Change

Notables

Ranked among the top 100 best public schools in the nation by U.S. News & World Report, USF is strong in many areas. For example, its engineering, library studies, education, and criminology graduate programs are some of the best in the country. It’s not surprising then that USF is considered one of the fastest growing research universities in the U.S.

4

Purdue University

Average Net Price: $11,693

School Website

Overview

Purdue University is located in West Lafayette, IN. It was founded to provide education in the areas of science, technology, and agriculture. Today, however, Purdue offers nearly 300 programs in a range of academic and professional areas.

Features

At Purdue you can earn an MS in Engineering degree while specializing in Engineering Management and Leadership. This is a 33 credit-hour program that balances technical, industry knowledge and leadership development. Unique to Purdue is its emphasis on the global marketplace. Courses cover:

  • Accounting and Decision-Making
  • Strategic Marketing Management
  • Operational Management
  • Strategic Management and Business Planning

Notables

A flagship university, Purdue is known for its research activities and contributions. The University even established renowned Discovery Park, a multidisciplinary research park consisting of nearly a dozen centers, labs, and facilities. Purdue is also a member of the Big Ten Academic Alliance and is ranked sixtieth nationally by U.S. News & World Report.

5

University of North Carolina at Charlotte

Average Net Price: $12,084

School Website

Overview

The Charlotte campus within the wider University of North Carolina System is a public, research-based university. Organized into nine colleges, UNC Charlotte offers more than 200 academic and professional degree programs. And nearly 30,000 students attend UNC Charlotte.

Features

The MS in Engineering Management program offered online through UNC Charlotte is a blend of business, systems operations, and organizational behavior classes. This is a hands-on degree that emphasizes real-world problems and solutions. In addition to core coursework on systems analytics and management, you can also concentrate in one of four areas:

  • Systems Analytics
  • Logistics and Supply Chains
  • Lean Six Sigma
  • Energy Systems

Notables

Consistently ranked among U.S. News & World Report’s “Best Colleges,” UNC Charlotte is well-respected for its academics, social mobility, and research activity. Similarly, the university is also praised by the likes of Forbes, Washington Monthly, American City Business Journals, and more.

6

Oakland University

Average Net Price: $12,198

School Website

Overview

Oakland University located in Rochester Hills, MI. It is a public university that serves much of the greater Detroit area as well as students online. Offering more than 250 academic programs, Oakland is organized into seven colleges and professional schools, including its highly regarded School of Engineering and Computer Science.

Features

Oakland’s MS in Engineering Management program is offered through the Industrial and Systems Engineering Department. Though it is also in cahoots with the School of Business Administration. You are therefore assured to graduate ready to make hard management decisions within the tech industries. For example, some of the classes you’ll take include:

  • Product Lifestyle Management
  • Engineering Decision Analysis
  • E-Commerce and ERP
  • International Business

Notables

Oakland is at the center of vibrant research activities. Indeed, its campus is marked by a broad range of research facilities. Among them are the Center for Creative and Collaborative Computing, the Center for Robotics and Advanced Automation, and the Center for Integrated Business Research and Education.

7

Arkansas State University

Average Net Price: $12,310

School Website

Overview

Arizona State University is the largest research university in the state. It is a public school with five campuses in and around Phoenix. And with over 72,000 enrolled students, including those studying both on campus and online, ASU is one of the nation’s biggest universities.

Features

ASU’s online MS in Engineering Management program consists of 30 credit-hours, which are spread over 10 courses. This is also an interdisciplinary program that combines business fundamentals and leadership development with technical training. Indeed, ASU graduates have gone on to find careers as:

  • Architectural Managers
  • Systems and Software Managers
  • Strategic Technology Developer
  • Engineering Educator

Notables

ASU is recognized as one of the “Most Innovative Schools in America” by U.S. News & World Report. It is well regarded for its research pursuits and is among the top 20 universities nationwide for research expenditures. ASU has graduated numerous Fulbright, Marshall, Truman, and Rhodes Scholars.

8

Arizona State University

Average Net Price: $13,007

School Website

Overview

Arizona State University is the largest research university in the state. It is a public school with five campuses in and around Phoenix. And with over 72,000 enrolled students, including those studying both on campus and online, ASU is one of the nation’s biggest universities.

Features

ASU’s online MS in Engineering Management program consists of 30 credit-hours, which are spread over 10 courses. This is also an interdisciplinary program that combines business fundamentals and leadership development with technical training. Indeed, ASU graduates have gone on to find careers as:

  • Architectural Managers
  • Systems and Software Managers
  • Strategic Technology Developer
  • Engineering Educator

Notables

ASU is recognized as one of the “Most Innovative Schools in America” by U.S. News & World Report. It is well regarded for its research pursuits and is among the top 20 universities nationwide for research expenditures. ASU has graduated numerous Fulbright, Marshall, Truman, and Rhodes Scholars.

9

New Mexico Institute of Mining and Technology

Average Net Price: $13,331

School Website

Overview

The New Mexico Institute of Mining and Technology is based in Socorro, NM in the Rio Grande Valley. Offering around 50 degrees in technology, engineering, business, and technical communication, as well as the sciences, New Mexico Tech is considered one of the best small tech colleges in the nation. Around 2,000 students attend.

Features

You can earn an MS of Engineering Management degree from New Mexico Tech that is fully online. Through this program you will gain the skills and knowledge needed for leading complex technology-based projects. This is a 30 credit-hour program designed specifically for working professionals. Graduates have gone on to acquire careers as:

  • Design Engineers
  • Client Services Analysts
  • Project Managers
  • And much more

Notables

Newsweek counts New Mexico Tech as being among the best small science and engineering schools in the nation. Likewise, the National Science Foundation ranks it among the top 15 nationally. Finally, New Mexico Tech is a recognized National Center of Academic Excellence, which brings in substantial research opportunities and scholarship funding.

10

Missouri University of Science & Technology

Average Net Price: $13,874

School Website

Overview

Missouri University of Science and Technology is located in Rolla and is part of the larger University of Missouri System. It is a public school known for its academic strengths across the STEM fields. Its engineering, business, and management programs are some of the best and most popular. Nearly 9,000 students attend Missouri S&T.

Features

When you earn your MS in Engineering Management degree from Missouri S&T you will find yourself at the intersection of high-technology and business development. Not only will you become fluent in the languages of engineering and technology, but you will become an analytical leader who can drive and inspire companies. Core courses consist of:

  • Project Management
  • Advanced Financial Management
  • Operations Management Science
  • Management for Engineers and Scientists

Notables

The University is home to the Engineers without Borders program, which currently has around a half dozen ongoing projects around the world. This initiative, among many others, reflects Missouri S&T’s commitments to global advancement through STEM research and outreach.

11

University of California Los Angeles

Average Net Price: $14,236

School Website

Overview

The Los Angeles member within the University of California System is a public, research-driven institution. It is one of the oldest in the system and currently serves more than 45,000 undergraduate and graduate students. UCLA is comprised of over a dozen colleges and schools, including the Anderson School of Management.

Features

UCLA’s online MS in Engineering program allows you to specialize in management. You will therefore develop your understanding of business fundamentals. And you will learn the ins and outs of systems engineering, quality and reliability engineering, and project management. Some of the business-focused classes you can expect to take include:

  • Operation and Supply-Chain Management
  • Financial Management
  • Management Communication
  • Intellectual Property and Business Law

Notables

UCLA is ranked the top public university in the nation by U.S. News & World Report. Likewise, many of its individual departments and colleges are among the best of their kind. The Anderson School of Management, for example, offers some of the nation’s strongest engineering programs.

12

Texas A&M University

Average Net Price: $15,455

School Website

Overview

Texas A&M University is located in College Station, TX. It is a land, sea, and space-grant school with one of the largest enrollments in the state of Texas. Nearly 70,000 students attend Texas A&M, enrolled in one of its 10 colleges.

Features

At Texas A&M you can earn a Master of Engineering in Technical Management. This program takes less than two years to complete and was fully designed with working engineers in mind. This program provides a base in project management, new product development, and decision-making. For example, some of the classes you’ll take include:

  • Engineering Personal Leadership
  • Technology Management Decision Making
  • Value Chain Management
  • Contract and Risk Management

Notables

A nexus of research activity, Texas A&M is ranked third for its research expenditures. Only MIT and Berkeley top its expansive efforts. Nationally ranked, Texas A&M is among the top 100 best schools in the nation according to ARWU, U.S. News & World Report, and Washington Monthly.

13

University of Maryland, College Park

Average Net Price: $15,757

School Website

Overview

The University of Maryland, College Park is a public research school. It is located just outside of Washington DC and is the flagship university within the wider University System of Maryland. Nearly 40,000 students attend UMD.

Features

UMD’s Master of Engineering program is both online and offers a concentration in project management. You can earn the full master’s degree or just a certification, which takes less time to complete. Either way, this unique program is ideal for those business leaders who want to specialize specifically in delegating, overseeing, and directing projects. Classes include:

  • Program and Portfolio Management
  • Sustainability Fundamentals for Project Managers
  • Evolving as a Project Leader
  • Managing Projects in a Dynamic Environment

Notables

UMD is a member of several elite organizations, among them the Big Ten Academic Alliance and the Association of American Universities. It is a Public Ivy that partners closely with national agencies such as NASA, the National Institute of Standards and Technology, and more.

14

University of Wisconsin, Madison

Average Net Price: $15,874

School Website

Overview

The University of Wisconsin in Madison is a flagship university and one of the oldest in the state. It is comprised of 20 colleges and schools and has an enrollment of over 43,000 combined undergraduate and graduate students. UW Madison is renowned for many of its academic programs, including its engineering, business, and computer science degrees.

Features

UW Madison boasts an MBA for engineers. This exhaustive 30 credit-hour MS of Engineering in Engineering Management program takes between two and three years to complete. Through the Madison program you will learn how to integrate engineering practices with business foundations. Classes cover:

  • Engineering Economic Analysis and Management
  • Communicating Technical Information
  • Quality Engineering and Quality Management
  • Technical Project Management

Notables

UW Madison is a Public Ivy with an academic reputation on par with its private Ivy League counterparts. It is also nationally ranked by Forbes, U.S. News & World Report, Washington Monthly, and much more.

15

University of Texas at Austin

Average Net Price: $16,010

School Website

Overview

The flagship member within the larger UT System, the University of Texas at Austin is a mammoth research institution. More than 50,000 students attend UT Austin and are enrolled in one of the 18 schools and colleges, including the Cockrell School of Engineering. UT Austin is home to dozens of renowned research facilities, 18 of which are housed in the Cockrell School.

Features

The Cockrell School of Engineering at UT Austin offers an online MS in Engineering Management degree. Students learn how to lead and manage complex projects while at UT Austin. They gain insight into the processes, personnel, products, and services in global business environments. Courses cover:

  • Management Simulations in Engineering Management
  • Engineering Economics
  • Projects in Engineering Management I and II
  • Legal Issues in Engineering Management

Notables

UT Austin is a Public Ivy, meaning its academic excellence rivals that of the private Ivy Leagues. Campus is pocked with illustrious research centers and initiatives, including the Computer Engineering Research Center, the Engineers for a Sustainable World, and the Business Engineering Association.

16

University of Alabama Birmingham

Average Net Price: $16,092

School Website

Overview

The University of Alabama at Birmingham is a public school. It is one of three comprising the University of Alabama System and it is the most active research university in the state. More than 20,000 students attend UAB.

Features

The Master of Engineering program at UAB is specifically focused on Information Engineering Management. You’ll explore everything from consumer-driven company design to mainframe management. This is a highly flexible degree that allows students to study at their own pace and from a distance. Some of the classes you’ll take include:

  • Communication for Technology Professionals
  • Leading Technology Organizations
  • Technical Entrepreneurship
  • Technology and Innovation

Notables

UAB is ranked among the top 20 schools nationally for its federal research and development funding. Likewise, it is nationally and globally ranked by The Princeton Review, U.S. News & World Report, and many others. Bloomberg Businessweek, for example, designates UAB among the best for its business programs.

17

Kansas State University

Average Net Price: $16,431

School Website

Overview

Kansas State University is located in Manhattan (Kansas, of course!). It is a land-grant school, meaning it has strong commitments to the areas of tech, medicine, and engineering. More than 22,000 students attend Kansas State.

Features

Kansas State University’s Global Campus and the College of Engineering offer a Master of Engineering Management degree. Students gain an economic, technical, and HR perspective for technical management. You will graduate ready to find a career (or advance your current career) in a diverse array of settings, such as:

  • Government Agencies
  • Healthcare Providers
  • Military Operations
  • Consultation Offices

Notables

Kansas State University is a flagship university. While known for its agriculture and medical programs, the KSU campus also houses a number of research centers in the fields of engineering, semiconductor materials and radiological tech (SMART), and more.

18

University of Nebraska Lincoln

Average Net Price: $16,462

School Website

Overview

The Lincoln campus within the wider University of Nebraska System is the flagship university. It is home to vibrant research activity and an array of well-ranked academic programs and colleges. UNL is the oldest school in Nebraska and has approximately 25,000 students.

Features

UNL’s College of Engineering and the College of Business partner together to offer a Master of Engineering Management program. This 30 credit-hour degree is accelerated with courses taught in eighth-week segments. In addition to classes on risk analysis and engineering management, you will take several courses in the MBA department, such as:

  • Financial Accounting
  • Managerial Economics
  • Supply Chain Management
  • Strategic Human Resource Management

Notables

Campus is marked by its commitment to engineering. The Engineering Library, the Mesoscale Engineering Laboratory – featured in Science magazine – and the biotechnology labs clearly demonstrate this. UNL is nationally ranked by Forbes, U.S. News & World Report, and more.

19

University of Arizona

Average Net Price: $16,466

School Website

Overview

The University of Arizona is located in Tucson and is a public school known for its research activities. More than 43,000 students attend UA, which is comprised of 19 colleges and schools. Carnegie classifies UA as a highly active research university.

Features

Arizona’s online MS in Engineering Management program is markedly practical. You will graduate a leader in the business side of technology and engineering. This is a highly customizable program, allowing you to design a degree that best fits your career aspirations. At Arizona you will have the opportunity to explore a range of subjects, including:

  • Quality Engineering
  • Reliability Engineering
  • Law for Engineers and Scientists
  • Technical Sales and Marketing

Notables

The University of Arizona is nationally ranked by a range of sources, from Forbes to the Council for Aid to Education. The UA campus is home to the Science and Engineering Library, which holds an exhaustive array of archives.

20

Christian Brothers University

Average Net Price: $16,660

School Website

Overview

Memphis’ oldest school, the Christian Brothers University, was founded by the Roman Catholic Church and maintains those affiliations today. It is organized into four schools and colleges, including the Gadomski School of Engineering. And it is one of the smallest schools on our list with around 2,000 combined undergraduate and graduate students.

Features

When you earn an MS in Engineering Management degree from CBU you will learn how to close the divide between technology and business. This is an ideal program for those who want a technical career. You can therefore expect to study technology transfers, legal perspectives, and team relations as well as project management and leadership strategy. Classes include:

  • Theory and Applications in Engineering Management
  • Quality Assurance
  • Technical Project Management
  • Engineering Financial Management and Accounting

Notables

Christian Brothers is a highly regarded university. It was named one of the “Best Southeastern Colleges” by The Princeton Review. It is also among the top 10 best schools for racial diversity, according to U.S. News & World Report.

21

Stanford University

Average Net Price: $16,695

School Website

Overview

Hardly in need of an introduction, Stanford University is a giant in many ways. Its academic programs are among the best in the nation. It’s located near Silicon Valley, making it an ideal place for engineers to further their education. And it conducts some of the most exciting research in the world.

Features

It’s hard to argue with a degree from Stanford! The Master’s in Management Science and Engineering program will ready you for both private and public sectors. While at Stanford you will develop executing strategies, learn how to lead, and hone your analytic skills. Buckle in, though, because studying part-time at Stanford means at least three years of study. Classes include:

  • The Spirit of Entrepreneurship
  • Dynamic Systems
  • Probabilistic Analysis
  • Stochastic Modeling

Notables

Stanford is ranked among the top five best schools in the world by Forbes, U.S. News & World Report, Washington Monthly, Times Higher Education, and just about everyone else. Campus is home to dozens of illustrious research centers.

22

Washington State University

Average Net Price: $17,815

School Website

Overview

Washington State University is a public research university located in Pullman. Though it offers many degree programs it is a land-grant institution most known for its strengths in the sciences, engineering, and business. Around 30,000 students attend WSU systemwide.

Features

WSU offers a Master’s in Engineering and Technology Management degree. Organized into 30 semester hours and 10 courses, this is a notably interdisciplinary degree program. You will take courses in business, management, and technology with the opportunity to explore a variety of engineering and management principles through electives such as:

  • Lean Agility
  • Enterprise Resource Management
  • Six Sigma Quality Management
  • Applications of Constraints Management

Notables

Washington State is a nationally ranked university. It lands among the top 100 best public schools in the nation, according to U.S. News & World Report. Likewise, its business and engineering programs are consistently top-ranked too.

23

Rowan University

Average Net Price: $18,067

School Website

Overview

Located in Glassboro, NJ, Rowan University was founded as a teacher’s college. Today, however, it is home to more than 15,000 students and 13 colleges and schools. The Henry M. Rowan College of Engineering is among one of the University’s best and most popular schools.

Features

When you earn a Master of Engineering Management degree from Rowan you will be fully equipped to manage at all career levels. You will gain crucial knowledge of administrative procedures, including decision making and budgeting. And you’ll also develop advanced technical skills. Some of the classes you’ll take at Rowan include:

  • Facilities Management
  • Systems in Engineering Management
  • Managing Engineering Teams
  • Engineering Economics

Notables

Rowan University is a well-decorated school with recognitions and rankings in many areas. It is known for its social mobility, its engineering programs, its graduate schools, and its online education.

24

South Dakota School of Mines and Technology

Average Net Price: $19,311

School Website

Overview

The South Dakota School of Mines and Technology is a public university based in Rapid City. It provides academic programs at all degree levels and has around 3,000 students. SD Mines offers around 30 areas of study in the sciences and engineering.

Features

SD Mines Online offers an MS in Engineering Management program that is both multi-disciplinary and applications-oriented. This program is a blend of engineering, management, and operations research, with electives spanning the spectrum. You will have the opportunity to study everything from ergonomics and safety to economics, risk assessment, and more. This degree is organized into four units covering:

  • Business and Finance
  • Management
  • Quantitative Methods
  • Operations Management

Notables

With a job placement rate of 96 percent for graduates of SD Mines, the university is a known leader in career development. And though it is strong in many areas across the STEM fields, its engineering programs are ranked among the top in the nation.

25

Duke University

Average Net Price: $19,950

School Website

Overview

Duke University was founded by Methodists and Quakers but only holds a loose religious affiliation today. It is a private, research-driven school with more than 35,000 students. The university boasts some of the most productive research teams in the nation.

Features

Duke’s Pratt School of Engineering offers a Master of Engineering Management degree that is online, affordable, and prestigious. You can specialize in commercialization, data and decisions, financial engineering, or operations management. Regardless of focus, you will become an expert in all things marketing, finance, business law, and management. For example, some of the classes you’ll take as student include:

  • Intellectual Property, Business Law, and Entrepreneurship
  • Finance in High-Tech Industries
  • Marketing

Notables

Duke has graduated some of the most Rhodes, Truman, Fulbright, and Marshall Scholars in the nation. It’s not surprising then that the University is ranked among the top 10 in the nation and world by Forbes, Wall Street Journal, U.S. News & World Report, and much more.

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