Engineering and Technology Management
About the Program
The Mines Engineering and Technology Management (ETM) program is an accelerated one-year master’s degree program designed for graduates of science, technology, engineering or math (STEM) undergraduate programs who seek to enhance their knowledge, marketability and career potential. The ETM program enriches a STEM background with contemporary business management tools, skills and insights that are needed in rapidly changing, technology-focused enterprises. The unique ETM curriculum focuses on building leaders who can effectively create, build and manage complex technology intensive organizations, both public and private.
The program offers an attractive alternative to more specialized one-year management programs and traditional MBA programs for students with the appropriate technical background. Enhancing your strong technical undergraduate training with knowledge of business and management will make you a better engineer or applied scientist. The combination of a STEM undergraduate and the ETM MS degree creates a powerful combination of technical depth and quantitative management tools to position you for increased career opportunities, higher starting salary and significantly higher lifetime earnings.
An undergraduate degree in engineering or applied science is usually required to be admitted to this program.
Why Choose ETM Over an MBA?
Rapid and discontinuous changes in technology demand increased organizational responsiveness through the design, development, and implementation of innovative strategies, products, services and processes.
To deal with these technological changes, technology intensive firms must rapidly integrate, modify, and replace their existing organizational practices to remain competitive. The over-arching goal of the Mines ETM program is to provide an understanding of the complexity and dynamism of modern high-technology enterprises. More specifically, the ETM program enables students to examine the strategic use of technology and innovation to gain and sustain the competitiveness of industrial economies.
The ETM program is intended to enable students to think critically about the wide range of cross-disciplinary issues. The strong analytical and managerial aspects of the curriculum provide graduates with a skill set that will enable them to assume leadership roles in industry and government.
There are several aspects that distinguish the Mines ETM program from a traditional MBA program.
Serving Different Student Needs
Many students are attracted to traditional full-time MBA programs as a vehicle to transition into new careers or industries. Examples include changing from customer service to corporate finance, or moving from the insurance industry into the banking industry.
The Mines ETM Program serves different student needs. The program is designed specifically for students who have STEM backgrounds and wish to leverage that background into engineering management and the management of technology with a focus on developing quantitative based analytic skills. The ETM program enhances and amplifies a technical degree to help engineers and applied scientists accelerate their careers into increased responsibilities and opportunities.
Many MBA programs typically include a curriculum of required business courses that cover numerous general business functions applicable to both small franchise businesses and large multinational consumer product businesses. The breadth of the required curriculum results in the typical two-year program duration.
Mines’ ETM program is more focused, and shorter in duration. The program is responsive to the changing needs of industry and governments that require engineers and scientists to work collaboratively across business functions and to manage and lead large and complex technical projects globally.
Because our ETM students come from STEM backgrounds, they share strong quantitative skills, the rigor to tackle complex problems, and the curiosity to explore new ideas and concepts. These traits help form immediate bonds and mutual respect, resulting in a strong sense of community among ETM students.
Mines ETM Program Advantage
Small Program Size
The ETM program is a small program by design. The small cohort of students entering the ETM program each year get to know each other quickly and build personal and professional relationships that last a lifetime. One of the benefits of a graduate business education is the professional relationships you create; the ETM program provides opportunities to build a wonderful network of like-minded individuals – curious, determined, and eager to propel tomorrow’s technology today.
The ETM program is designed to be completed in one academic year (two semesters, 30 credit hours) as a full-time student. Compared with typical two-year MBA programs, the ETM program is more focused, allowing you to graduate quickly and begin to make an impact sooner. Most students enter the ETM program in the fall and graduate at the end of the following spring semester, some entering directly following completion of an undergraduate degree. Students can also choose to attend part-time, or can enter the program in the spring semester.
Unique Course Offerings
The ETM curriculum provides access to a wide range of classes focused on the unique demands of global industries like technology, energy, and manufacturing. Many classes emphasize quantitative analysis and predictive methodologies, tools that are in high demand within rapidly changing competitive business environments. These classes leverage the quantitative competencies of STEM graduates to build the foundation for better management and decision-making.
Small Class Sizes
Almost all ETM classes have fewer than 30 students, allowing for personalized instruction and dialogue between faculty and individual students, as well as frequent and meaningful interaction between students.
Many ETM classes provide focus on the “soft” skills that typical STEM programs leave out: interpersonal communications; team building; managing projects; the ethics of decision making; and exercising formal and informal leadership. For example, every ETM student completes an intensive communications workshop that includes video analysis of his or her presentation skills. Recognizing that most business activities are executed by teams, many ETM courses culminate in completion of team projects rather than final exams.
Mines is an internationally recognized research institution whose graduates are in high demand. We believe students earning a Mines ETM degree represent the best of the best – students with a strong undergraduate background in one of the STEM or related fields, supplemented with additional knowledge, skills and insight from the management sciences, ready to make a positive impact on the world today.
ETM students benefit from the extensive industry connections built across the entire Mines community. In addition to the annual ETM Executive in Residence seminar series, ETM students have access to the numerous and frequent on-campus speakers who visit from a wide range of industries and disciplines. ETM students also have full access to vibrant Mines career services and job search activities happening each semester, including career fairs where hundreds of companies come on-campus to recruit Mines students.
Mines is located in beautiful Golden, Colorado, at the foot of the majestic Rocky Mountains. Golden offers an authentic small town feel but with ample living, dining and entertainment amenities. The Mines campus is also served by a short shuttle bus trip to the Denver light rail system, providing easy access to all downtown Denver entertainment and sports offerings. Our unique location provides easy access to world class skiing, snowboarding, river rafting, hiking, fishing, rock climbing and numerous other nearby attractions.
The MS degree in Engineering and Technology Management involves 30 credit hours of course work. There is a set of core courses required of all students in the ETM program. Each student then can tailor his or her studies by selecting an area of focus or by completing courses in any focus group.
Non-Thesis Option Course work
- 15 credits (5 classes) of core courses
- 15 credits (5 classes) courses in the areas of focus listed below
Thesis Option Course work
- 15 credits (5 classes) of core courses
- 9 credits (3 classes) courses in the areas of focus listed below
- 6 thesis research credits
Additional Co-curriculum Requirements
All thesis and non-thesis ETM students have four additional degree requirements:
- Leadership and Team Building Ropes Course: All ETM students participate in a one-day off-campus leadership and team building retreat in their first fall semester of study. This program focuses on developing team and leadership skills through a program of rope exercises.
- Communications Seminar: All ETM students are required to attend a two-day communications seminar in their first fall semester of study. The seminar provides students with a comprehensive approach to good quality communication skills, including presentation proficiency, organizational skills, professional writing skills, meeting management, as well as other professional communication abilities. The communications seminar is designed to better prepare students for the ETM learning experience, as well as their careers in industry.
- Economic Evaluation Seminar: All ETM students must attend an economic evaluation workshop, which provides an overview of engineering economics and the criteria used to evaluate investment decisions in technology-based industries.
- Executive-in-Residence Program: Each spring we invite a senior industry executive to conduct a series of seminars related to leadership and strategy in the engineering and technology sectors. These seminars provide insights and knowledge to graduate students preparing for positions in industry. The Executive in Residence actively engages with students in a variety of ways including personal mentoring, small group meetings, and career planning.
- Undergraduate degree, preferably a Bachelor of Science in engineering or applied science.
Core Courses (15 credits)
- EBGN525 Business Analytics
- EBGN540 Accounting & Corporate Finance
- EBGN553 Project Management
- EBGN563 Management of Technology
- EBGN585 ETM Capstone (take in final semester)
Areas of Focus Courses (15 credits non-thesis or 9 credits thesis)
Students can tailor their studies by selecting any selection of five ETM electives from the following list. The available electives are shown in two categories of focus, but ETM students can choose from both categories (List A and B).
List A: Engineering Management and Analytic Methods
- EBGN526 Stochastic Modeling
- EBGN528 Industrial Systems Simulation*
- EBGN555 Linear Programming
- EBGN559 Supply Chain Management*
- EBGN560 Decision Analysis
- EBGN590 Econometrics
List B: Technology Management and Innovation
- EBGN515 Economics and Decision Making
- EBGN566 Technology Entrepreneurship
- EBGN567 Business Law and Ethics
- EBGN572 International Business Strategy
- EBGN576 Managing and Marketing New Products
- EBGN598 Special Topics in Economics and Business
* Not offered every year
MINES 4+1 ENGINEERING AND TECHNOLOGY MANAGEMENT MS PROGRAMS
For Mines’ UG students the ETM MS 4+1 option offers the opportunity to combine a STEM undergraduate degree with knowledge of business and management in an efficient manager. By combining a deep understanding of science and engineering fundamentals with quantitative business knowledge and leadership skills you will enhance your knowledge, marketability and career potential. To facilitate achieving your BS and MS degrees in 5 years, Mines’ undergraduate students can double count six credits of approved undergraduate courses towards the ETM degree. The six undergraduate credits can be from the following courses (please check with your undergraduate advisor as to the best way to apply these courses to your undergraduate degree):
EBGN425/525 – Business Analytics
EBGN 553 – Project Management
EBGN 560 – Decision Analysis
EBGN 563 – Management of Technology
PEGN 438 – Petroleum Data Analytics
MEGN485/585 – Manufacturing Optimization with Network Models
MEGN486/586 – Linear Optimization
MEGN487/587 – Nonlinear Optimization
MEGN488/588 – Integer Optimization
For some examples of specific 4+1 combinations, see the links below:
- Program Flier
- ETM Advising Sheet
- Course Catalog
- Fall 2019 Course Schedule
- Spring 2020 Course Schedule
- List of Graduate Courses
- 2019 Executive in Residence Seminar Series
If you have questions or would like
more information about the program,
please contact Kathleen Martin
“The ETM program taught me to apply a business-driven approach to the engineering concepts I learned as an undergraduate. It prepared me to be a more valuable engineer in the oil and gas industry.”
’17 B.S. in Petroleum Engineering
’18 M.S. in Engineering and Technology Management
Student Fellowships and Funding Opportunities
Broussard Fellowships for Engineering Technology & Management
Apply by March 1 to compete for limited scholarships available to accepted Engineering and Technology Management students. Students are awarded these fellowships based on their academic scholarship. Please indicate on your application that you wish to receive financial aid.
Teaching Assistant Positions
Apply by March 1 to compete for limited teaching assistant (TA) positions to begin in the following fall semester. PhD students have priority on the available positions. We hire approximately 10 students to teach principles of economics recitation sections. We also hire students to work as hourly graduate assistants to grade for courses. Faculty members will hire students as research assistants (RA) when research projects are secured. Once you enroll at Mines students may search for on-campus positions in Diggernet.
US Association for Energy Economics
The Colorado School of Mines Chapter of the United States Association for Energy Economics (USAEE) is committed to expanding the reach of energy information in both the private and public sectors. The Chapter focuses on current energy issues and research at the state, national, and international level. It provides an excellent forum to meet, network, and exchange ideas in the regional energy community. The Chapter hosts several events and field trips a year, the most notable of which is the annual Rocky Mountain Energy Economics Banquet which takes place each fall.
You can learn more and stay up-to-date on Chapter activities by accessing the US Association for Energy Economics website.
To get in touch with us at the Colorado School of Mines Chapter, please contact one of the representatives below. They can help answer any questions you may have.
- President: Braeton Smith
- VP - Operations: Sadie Fulton
- VP - Communications: Martin Kohn
- VP - Finance: Tisi Igogo
- Faculty Advisor: Ian Lange