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Welcome to the Management Department at New Mexico Tech!

 

WHAT WE’VE BEEN UP TO

Vision:

The Management Department at the New Mexico Institute of Mining and Technology will be recognized statewide, regionally, and in national and international contexts because of the leadership qualities shown by its graduates and the research and service contributions of its faculty.

Mission:

The mission of the Management Department is to provide undergraduate and graduate students with the conceptual, analytical, and business and management knowledge and skills required to manage and lead engineering, science, and technology organizations now and in the future, and in doing so, contribute to economic development in New Mexico and the southwest.  The Management Department is focused on furthering our understanding of the interface between management and technology through teaching, research, and practical application to the technology management problems facing business and public organizations.

Undergraduate Bachelor of Science Degree Department Strategic Learning Outcomes: Students will demonstrate an understanding of the often complex and dynamic environments faced by engineering, science, and technology organizations and the knowledge and skills required to manage and lead those organizations through the following:

 

  1. Ability to identify, analyze, and evaluate global, economic and geopolitical problems impacting the internal and external environments of technology organizations.
    Coursework:  MGT 101, ECON 251, ECON 252

 

  • Understand and apply the knowledge and skills required for today’s engineering, science, and technology managers to solve practical problems and sustain organizational growth, including managing information and projects, leading teams, making decisions, and interfacing with customers.
    Coursework:  MKT 335 (now MGT 335)

 

  • Understand and apply the general body of business and management knowledge to resource problems faced by engineering, science, and technology organizations, to include managing people, financial, marketing, and operational resources.
    Coursework:  FIN 302 (now MGT 302), MGT 330

 

  • Ability to identify, analyze, and evaluate the risks associated with developing and commercializing new technologies and products, and research new business formation and growth.
    Coursework:  MGT 481

 

  • Ability to formulate and model unstructured problems using multiple analytical tools and techniques.
    Coursework:  MGT 462, MGT 476 (new course)

 

  • Understand and apply state-of-the-art management and business tools and techniques to drive process improvements in engineering, science, and technology organizations.
    Coursework:  MGT 451, MGT 472

 

  • Understand and apply the execution of managerial functions in business and public organizations, covering the fields of accounting, finance, marketing, applied operations research, business law, and managerial economics.
    Coursework:  ACCT 201, ACCT 202,  BA 490 (Now MGT 490)

 

Graduate Master of Engineering Management Degree Department Strategic Learning Outcomes The Graduate Engineering Management Program in the Department of Management at New Mexico Tech is designed for working engineers and applied scientists to attain knowledge, skills, and perspectives that will assist them in the management of increasingly large and complex technology-based projects.  Successful management of these types of projects requires both analytical and people-oriented skills, and the 30-hour degree program is designed to instill both in our graduates through the following:

 

  1. Ability to apply Management Science-based optimization techniques to problem situations in the real world. Understanding of the use of these techniques in an entrepreneurial context.
    Coursework:  EMGT 501

 

  1. Ability to understand the structure of complex databases, how to do relatively simple data mining searches, and how to construct a database that may be useful to many users.
    Coursework:  EMGT 503

 

  1. Understand economic and financial modeling and simulation and its application to analysis and valuation of risky investment projects and portfolios. Understand the application of statistical techniques to real data encountered in project-oriented engineering environments.
    Coursework:  EMGT 502EMGT 504

 

  1. Understand team building, project structuring, and implementation in the context of a technology-based organization. Coursework:  EMGT 506

 

  1. Ability to analyze markets for new technologies from the perspectives of analysis of risk and uncertainty, the technology life cycle, and the product life cycle. Understand specifics of consumer behavior in the context of new technology products.
    Coursework:  EMGT 505

 

  1. Understand the components of a successful funding package for an entrepreneurial venture, both within and outside a technology-based firm. Understand the negotiation process from game-theory and applied perspectives, and be able to put together the outlines of a business plan for a new venture.
    Coursework:  EMGT 507

 

  1. Demonstrated ability to utilize one or more of the techniques and methodologies learned in EMGT coursework into a project – preferably a workplace application – that solves a real technology-management problem.
    Coursework:  EMGT 590EMGT 572