Products and services in today's world are steadily becoming more advanced and complex. We need modern business processes in order to develop, sell, produce, purchase and maintain them, and to use and recycle them safely and efficiently. The way these business processes are organized and managed is crucial. And this is precisely the area on which te master's programme in Industrial Engineering and Management (IEM) concentrates.
The master's programme - MSc Industrial Engineering and Managementfocuses on the development and management of processes within or between companies. You will acquire up-to-date knowledge of scientific theories, allowing you to analyze and optimize processes in organizations and apply your findings. The aim is to gain a better understanding of the relation between process development, process control and the relevant achievement indicators.
Are you interested in advising organizations in the business, financial services or healthcare sectors on how to improve processes so that they can optimize their performance? Can you appreciate the extent of the opportunities offered by information technology? Then this could be the right master's programme for you!
The master’s programme in IEM is taught entirely in English. The programme comprises a total of 120 European Credits (EC) over a period of two years. There are four specializations within the IEM master’s programme:
-Production and Logistic Management (PLM);
-Information Technology and Management (ITM);
-Healthcare Technology and Management (HCTM);
-Financial Engineering and Management (FEM).
You have to choose one of these specializations before starting the master’s programme. The IEM programme offers six common courses (30 EC), open for all students. Some are compulsory, some are elective. The common courses are:
- Introduction to IEM;
- Management and Organization of Technological Innovation;
- Management of Technology;
- Organization & Strategy
- Empirical Research and Data Analysis.
In addition to the common courses each specialization offers:
- two bridging courses (10 EC) (which give students the possibility to cover possible knowledgegaps depending on educational background);
- a number of specific specialization courses (50 EC);
- final thesis (30 EC).
Financial Engineering and Management
Risk is prevalent in today's world. People skilled in valuing and hedging risks are – and will continue to be – in high demand. Financial engineering graduates enjoy a wide array of career opportunities where they can apply the tools they have learned. Working for an investment bank or an insurance company is one career option, but by no means the only one. Skills necessary to price and manage complex risks are also highly valued by non-financial corporations. For example, all internationally active firms must hedge foreign exchange risk, and firms transforming raw materials have to manage volatile commodity prices. Finally, financial engineering graduates may also pursue other avenues of professional development, including consultancies, software companies and regulatory institutions.
Health Care Technology and Management
This specialization offers students a solid foundation for a management position in large health care organizations. Most graduates will begin their career in positions in which they are expected to optimise health care processes or manage the development and implementation of new technologies in the organization. Some students may choose to focus on process design and organization, as part of which they will use and develop performance measurement systems. This information is used to improve the organizational processes of a hospital, for example. Other graduates will manage the development and implementation of new medical technologies or ICT solutions in health care organizations. Examples of key process tasks include estimating the need for a certain technology in the organization and the impact of the technology on patients, doctors and other individuals involved.
Information Technology and Management
ITM specialization graduates are well-equipped for a career in process management, information analysis and management-related positions in any organization. Many graduates will participate in projects concerning the re-engineering of complex administration, communication and business processes. Their work may result in the determination of IT needs, assessment of IT investments and management of organizational changes that are needed for the full realisation of newly enabled business processes. In time, graduates may attain positions such as chief information officer or principal consultant.
Production and Logistic Management
The PLM specialization provides a solid academic background for a management career in production and logistics. After graduation, our students make careers in a wide range of companies: multinationals, medium-sized manufacturing companies, consultancy and even an own company that has been established. Typical positions include logistics manager or logistics analyst.
The logistics manager's task is to manage the flow of goods and its effects on the organization. This applies both to internal logistics (production, inventory) and external logistics (supply of raw materials and delivery of final products). Logistics analysts focus on the analysis and improvement of the production and logistics processes of their company.
Starting positions of our students include analyst / consultant at the supply chain management department of Procter and Gamble, logistics analyst at Wehkamp, management trainee at Stork, consultant operations management in health care, solutions analyst for UPS Supply Chain Solutions and logistics manager at Burg Industries.
The IEM Admission Board assesses international applicants with a Bachelor’s degree awarded by a research university or university for higher professional education (college) on an individual basis. International applicants have to meet the following criteria:
- an adequate educational background (certificates including secondary school);
- a NUFFIC credential evaluation;
- good academic records (with an overview of all courses you finished);
- a convincing explanation of your motivation in English;
- a minimum score of 6.5 on the IELTS (or equivalent) is required
An applicant with a Dutch nationality and an international degree will be assessed on the admissions requirements as mentioned under national degree.
An applicant with a non-Dutch nationality and a Dutch degree will be assessed on the admissions requirements as mentioned under international degree.
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