Management of Engineering and Technology Development Concentration

Project management and product development might be the next step in your engineering and technology career, but there's no reason it should be the last. William & Mary's Management of Engineering and Technology Development Concentration will prepare you to become a strategic business leader who can plan and manage across business disciplines and bring greater opportunity to yourself and your company.

A complete, strategically driven MBA that builds on your technical skills

Using your existing knowledge and experience as a foundation, the Flex MBA's Engineering and Technology Development Concentration will provide you with a thorough grounding in business strategy and strategic decision-making. You'll get:

  • The accounting, finance, marketing and operations background you need to understand how different business units function and interact.
  • The analytical and decision making skills to approach challenges and recognize opportunities with a broader perspective.
  • The communication and leadership skills you need to effectively manage up, down and across the org chart.
  • The global perspective you need to function in a business world where new competition and new markets can come from any part of the world.
Comprehensive, yet convenient

All of the courses in the Management of Engineering and Technology Development Concentration are taught on weekday evenings at William & Mary's Peninsula Center in Newport News. In addition to taking the MBA Foundation and MBA Professional Courses that form the core of the Flex MBA, you'll choose at least 12 hours of coursework from the following electives to complete the concentration. (Students earning the concentration must still complete 16.5 total elective hours, and may choose their remaining 4.5 elective hours from any offered electives, whether part of the concentration or not.)

BUAD 6591 - Predictive Analytics

3 credits

This course is designed to provide students with a deep understanding of the theory and practice of Classification techniques, which constitutes perhaps the most commonly used techniques in the Data Scientist's tool kit. These Predictive Analytics techniques are important members of a family of analytics often referred to as Machine Learning techniques. An important part of this course is an introduction to a powerful and ubiquitous software package called R, which is used extensively in labs and assignments in this class.

BUAD 6621 - Project Management

1.5 credits

This course focuses on the management of complex projects and the rules and techniques, which have been developed in the past 25 years to assist managers with such projects. All three phases of project management - Planning, Scheduling, and Control are explored in detail. In addition to studying various scheduling techniques for projects, this course explores issues dealing with project selection methods, project risk assessment, project team dynamics, new product development projects, runaway projects, and monitoring and control of projects.

BUAD 6631 - Advanced Project Management

1.5 credits

This course picks up where Project Management Part I ends. The objectives of this course are to:

  • extend the student's knowledge of project management, particularly in the areas of project cost management (cost estimating and application of earned value management) and project risk management. We will use a (30 day trial version) of an add-on software package to MS Project for quantitative risk management.
  • expand the student's capabilities with MS Project
  • extend the student's knowledge in other areas of project management including (1) project selection, (2) value engineering as well as (3) program management and (4) project portfolio management.
BUAD 6611 - Supply Chain Management

3 credits

This course deals primarily with the design and operation of logistics networks or supply chains, and the flow of materials and information on them. Students in this course will be exposed to both the strategic and operational aspects of managing today's complex supply chains. Specific topics include vendor-managed inventory; efficient customer response; collaborative planning, forecasting and replenishment; planning distribution and supply; managing product variety, transportation, supply chain planning, distribution and supply; managed product variety; transportation; supply chain planning software; eMarketplaces; inter- and meta-mediaries and design and optimization of supply networks.

BUAD 6641 - Lean Toolkit

1.5 credits

In this course, you will learn the Lean methodology, which uses a particular type of business process mapping in order to document and understand business processes (values stream mapping). This course would not qualify a student for Green Belt Certification.

BUAD 6651 - Six Sigma Toolkit

1.5 credits

In this course, you will learn the Lean methodology, which uses a particular type of business process mapping in order to document and understand business processes (values stream mapping). This course would not qualify a student for Green Belt Certification.

BUAD 6671 - Lean Six Sigma Project

1.5 credits

Students learn Lean and Six Sigma tools in the Lean Toolkit and Six Sigma Toolkit courses for improving the quality and efficiency of business processes. These courses also offer a first exposure to the application of those tools. This course offers additional experience in applying Lean and Six Sigma tools to a project. Analogous with industry standards, a student who completes this course earns a Lean Six Sigma Green Belt certification.

BUAD 6691 - Engineering Economic Analysis

3 credits

Organizations that do engineering and/or technology development must address the economic aspects of their projects. Early portions of the course assume that benefits, costs, and quantities have a high degree of certainty. The latter portion of the course explores risk (uncertainty) with regard to benefits, costs, and quantities.

BUAD 6601 - Management of Emerging Technologies

3 credits

This course focuses on the state-of-the-art techniques for developing and managing the development of new products and software, especially those technologies for identifying competitive product and software configurations, rapid prototyping, and discovering what users want and need in a quick, cost-effective manner. Topics include 3D printing, prototyping, voice of the customer, agile development, maturity models, collaborative design, and Scrum..