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 a traditional MBA program for students with the appropriate technical background. Learn more about why you should consider the Mines ETM over a MBA program here. If you are comparing other specialized programs in engineering and technology management, learn more about the Mines ETM Program advantages here.

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.

Curriculum Focus

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.

Community

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.

One-Year Program

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.

Leadership Enhancement

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.

Professional Recognition

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.

Industry Connections

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.

Location

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.

Degree Requirements

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:

  1. 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.
  2. 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.
  3. 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.
  4. 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. For detailed information, click here.

Prerequisites

  • Undergraduate degree, preferably a Bachelor of Science in engineering or applied science.

Curriculum

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

Valerie White climbing

Mines provides many resources to students that improve opportunities for career advancement, research and more. The ETM program is very diverse and efficient.

Valerie White
Division of Economics and Business
Engineering and Technology Management MS
Class of December 2017

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.
Darlene Regina Pauli Scholarship Fund
Eligibility: Female Colorado residents pursuing a master of science degree in any geological science at Colorado School of Mines, with a preference for students pursuing a master’s of science degree in Mineral and Energy Economics. This is an annual, need-based scholarship; must maintain a 3.0 GPA. Contact the Division of Economics and Business for details on applying. The average award is $2,000 per year.
Resource Capital Funds Graduate Fellowship

RCF is a mining-focused private equity firm based in Denver. A fund was established by RCF in 2002 to provide financial awards in the form of two RCF Fellowships to worthy graduate students enrolled as full-time candidates for Master of Science or a Doctor of Philosophy degrees in either Mining and Earth Systems Engineering or Mineral and Energy Economics.

Each RCF Fellowship award is $35,000 and is intended to cover full tuition for residents, plus a monthly stipend, for the student’s first two semesters of study. The fellowship includes the potential to be considered for a summer internship at RCF at the conclusion of the first year of study. Fellowship recipients will have an outstanding academic background and a strong interest in mine finance, project evaluation, mine feasibility and mineral economics. The fellowship recipient must achieve a minimum GPA of 3.50 during their first semester of study to remain eligible to receive the funds during the second semester, as well as to be considered for the summer internship program. Interested students should submit their graduate application by March 15th, clearly indicating an interest in and qualifications for the RCF Fellowship in their application letter. Awards will be announced by June 1st.

Student Organizations

Mines Entrepreneurship Club

The entrepreneurship club brings students together to gain the knowledge and skills needed to start a new business.  We facilitate the learning process by  setting up a forum where students can interact with successful and experienced alumni  and other prominent community members.  Topics covered include, but are not limited to: taking an idea from concept to reality, raising capital (bootstrapping, VC funding, angel funding, IPOs), legal needs and patent issues, and developing a business plan. The club continues to plan, sponsor, and market  events outside of standard meeting times that provide education and mentorship such as the Rockies Venture Club Angel Investor Conference and various events  with the CSM alumni association and career services.

Mission Statement

The Colorado School of Mines Entrepreneurship Club aims to provide an environment for students to network and share ideas in an effort to encourage the entrepreneurial spirit and foster innovation.   The club also emphasizes community and providing the mentorship needed for students to overcome business challenges they face after graduation.  Furthermore, the club will act as a forum where students can interact with prominent community entrepreneurs and access relevant entrepreneurial resources.  Our goal is to benefit students interested in starting their own business or working for a firm with an entrepreneurial culture.

Faculty Sponsor: Mark Mondry (mmondry@mines.edu) or contact ship.csm@gmail.com with any questions.

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 our public 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.

Leadership