Industrial management master's degree programs are designed to teach students to manage the research and development process, implement government regulations, and develop industrial processes. Students pursuing these master's degrees study industrial facilities management, systems analysis, and international trade in preparation for employment opportunities with manufacturing firms, government agencies, and shipping companies.
Applicants to a Master of Science (M.S.) in Industrial Management program must first have a bachelor's degree in a related field such as engineering or industrial education. A thesis or capstone project is required in order to graduate. Online programs are available at some schools, though they are rare to find.
Master's Degree in Industrial Management
An M.S in Industrial Management covers issues such as transportation and accounting related to the production of goods. Earning one of these degrees usually requires completion of a research-based thesis under the supervision of a faculty advisor, though some programs offer comprehensive examinations as an alternative capstone experience. Industrial management courses include the following:
- Management information systems
- Human factors in engineering
- Engineering management
- International technology management
- Facilities management
Popular Career Options
Individuals with master's degrees in industrial management may find jobs in the following manufacturing, finance, and transportation occupations:
- Systems manager
- Operations consultant
- Manufacturing director
- Production supervisor
- Transportation coordinator
Employment Outlook and Salary Info
According to the U.S. Bureau of Labor Statistics (BLS, www.bls.gov), industrial production managers were expected to see a 4% decline in employment from 2014 to 2024. The BLS reported the median annual salary earned by such managers was $93,940 as of May 2015, with the highest ten percent earning upwards of $162,240. Individuals holding master's degrees in industrial management may also find positions as general and operations managers; the BLS indicated that general and operations managers earned a median salary of $97,730 a year as of May 2015.
Continuing Education Information
Graduates with a Master of Science in Industrial Management can enhance their professional qualifications by earning an additional graduate or professional degree. For example, a Juris Doctor law degree can allow for consultant positions with engineering or manufacturing companies.
Students who earn a master's degree in industrial management will have the chance to advance their careers by learning more about the organization and operation of industrial processes. Different occupations that students can hold with this degree include a systems manager, operations consultant, and production supervisor.