Engineering Management (EMGT) Courses
Updated April 2025
Program Core
EMGT 5001 - Management Science for Engineering Management: This course exposes students to up-to-date management science applications in engineering and technology organizations. Key techniques include linear programming, inventory models, and forecasting models.
EMGT 5002 - Financial Management: This course begins with study of the interaction between financial and accounting systems and continues with a discussion of cash flow analysis, performance management, and business projections. This foundation is followed by discussion of the latest in corporate financial management, capital budgeting, business valuation, merger and acquisition, among other topics.
EMGT 5003 - Information Systems in Technology Organizations: This course explores the role of information systems in the decision processes of data- and technology-intensive organizations. Topics include methodology for database design, models for business processes and workflows, approaches for data analytics and prediction, and ethical and social impacts of information systems. The course involves some hands-on experience with systems such as Oracle or a similar industry-standard DBMS (DataBase Management System).
EMGT 5004 - Engineering Analytics: This course equips engineering managers with a fundamental understanding of data-driven decision making. Decisions by modern engineering managers increasingly require a range of statistical skills including gathering and describing data, designing samples and experiments, drawing statistical inferences and conclusions, evaluating the confidence of conclusions, developing regression and other empirical models for anticipating future behavior and use of statistical quality control and six Sigma to drive process improvement. The course will also cover selected recent developments in data analytics with case applications in engineering and technology contexts.
EMGT 5005 - Technology Marketing: This course covers design, development, marketing, and sustaining of new products and technologies both inside and outside an engineering and technology organization. The course also introduces basic methodologies for market research, including data-driven empirical analysis and other qualitative approaches.
EMGT 5006 - Managing Human Resources in Technology Organizations: This course covers human resource management issues at the project, department, and enterprise levels with a focus on technology and engineering organizations. The course exposes students to theories and practices related to leading project teams, managing employee performance and productivity, diagnosing organizational issues, developing strategic human resource plans, managing employee compensation, and responding to the changing legal and technological environments.
Engineering Management Electives
EMGT 5007 - Technology Entrepreneurship: Entrepreneurship is important for new startups and established technology organizations. This course focuses on skills, resources, and policies that are essential to the advancement of innovations. It covers topics on game-based negotiation exercises, development of value propositions for new products and services, and design of business models in hyper-competitive environments.
EMGT 5008 - Engineering Project Management: Development of project network models that can be used to plan, monitor, and control complex projects utilizing work breakdown structures, PERT (program evaluation review technique), and CPM (critical path method) analysis. Development of probability models for cost estimate and time-to-completion of each activity, providing a hands-on approach to project risk management.
EMGT 5009 - Systems Risk and Decision Analysis: An advanced treatment of major topics involved in modern engineering decision-making and risk management: fundamental statistics, probability, and economics principles for decision theory; multi-criteria decision-making and decision making under uncertainty; game theory and its applications; decision making processes and risk evaluation; and an introduction to Monte Carlo and Markov decision processes.
EMGT 5010 - Energy Markets: An advanced research-oriented course that utilizes a managerial methodology (e.g., Data Envelopment Analysis) for complex energy policy and environmental assessment issues to include techniques used in modeling business/policy applications for understanding energy and environmental problems.
EMGT 5011 - Financial Modeling: Portfolio optimization and other applications of management science techniques in a financial context. Analysis of domestic and international risky assets, including commodities, financial assets, and debt instruments. The course also covers the latest tools in financial risk management, including hedging and other risk sharing techniques.
EMGT 5012 - Complex Financial Systems: Modern financial systems are complex, interconnected, and sensitive to a variety of information from diverse sources. This course is devoted to development and testing of agent-based simulation models of complex financial systems and the analysis of model outputs.
EMGT 5013 - Technology Leadership Seminar: Explore classical and modern leadership theories and their practical applications to technology and engineering organizations. Apply decision tools and techniques to address issues of organizational change, employee motivation, conflict resolution, team development, and professional ethics.
EMGT 5014 - Managerial Economics: This course introduces the intermediate microeconomic theory with applications in the area of technology economics and engineering management. Specific topics cover the nature of firms, consumer demand, production theory, cost estimation, market structure and competition, pricing strategies and practices, and firm capital budgeting.
EMGT 5015 - Supply Chain Management: This course focuses on the management and improvement of supply chain processes and performance, covering key concepts and techniques to analyze and how to manage and improve the supply chain processes in different market scenarios. Additional topics may include global supply chain design, planning and coordinating the supply chain, managing inventories, transportation networks, etc.
Special Topics
EMGT 5089-01 - Space Business Development: A collaboratively designed course between Space Force/AFRL and New Mexico Tech (NMT) to focus on key aspects of business and economic development in the ecosystem of the commercial space industry. Main topics cover an overview of the space economy, space business risk management, space venture and financing, space contracts, government relations, and partnership building, space markets and business strategy, and other emerging issues.
EMGT 5089-02 - Space Technology History: Lectures led by experts from the Space Force, dive into the evolution of the space industry, from the 1950s to today's "new space" era. This course offers critical insights into space technology, its business models, and relevant economic policies. It also provides an opportunity to explore scientific and engineering challenges, investment trends, and the ever-changing regulatory landscape in the commercial space industry.
EMGT 5089-03 - Introduction to Space Industry: The course is designed for students interested in the history, law, regulation, and policy of the space industry. Students will learn about the legal frameworks that govern space activities, including treaties such as the Outer Space Treaty and the Moon Agreement, federal acts such as the Commercial Space Launch Act, the National Space Policy, the SPACE Act, and the Artemis Accords, and federal agencies such as NASA, FCC, NOAA, and the FAA. The course will also cover key policy issues, including commercialization, emerging technologies, and environmental and ethical issues. Students will also examine the regulatory requirements for space activities, including licensing, export compliance, and intellectual property issues. The course will culminate in a capstone project, in which students will apply their knowledge and skills to develop a research project or policy proposal related to a current space industry issue or challenge.
*Note: These three space-related courses are part of the Space Resources Management Initiative at New Mexico Tech.