Industrial Engineering with Business Studies

Master of Science (M.Sc.)

Industrial Engineering

With the English language course of study Master of Science “Industrial Engineering”, the FOM University of Applied Sciences offers graduates of industrial engineering, business science and engineering science Bachelor courses of study from China, and also other countries, the possibility of professional specialisation. The full-time course over three-semesters takes place in Germany at the FOM university centre in Essen.
In the course of study “Industrial Engineering” students deepen their existing technical and business expertise and in addition acquire important management competencies for responsible specialist and management duties. In particular, focus areas are product lifecycle-management, digitalisation of production and the organisation of an international technical sales department.

The course of study also teaches up-to-date knowledge of areas such as controlling & financing, international commercial and contract law, as well as technology & sustainability. In combination with the course being taught in the English language as well as the intercultural knowledge gained from staying in Germany, the Master’s course of studies prepares participants for professional life in an internationally-orientated company.

You will complete your master studies in Industrial Engineering with Business Studies with the academic degree of Master of Science (M.Sc.).

Duration

3 semester

Studymodel

Campus

Credit Points

90 ECTS

Accreditation (Master)

The FOM University of Applied Sciences is accredited by the German Council for Science and Humanities for its special service to education and research and was the first private university in Germany to receive system-accreditation by the FIBAA in 2012. This seal of approval proves that the quality management of the FOM University meets the high standards of the Accreditation Council, the most important body for the quality of studies and education at German universities. In 2018 the FOM University received system-accreditation for further eight years. Thus, all courses of study offered by the FOM are accredited. A Master’s degree from the FOM University enables entry to a subsequent a PhD programme.

Prerequisites for admission
Start & duration
Tuition fees

What you need for admission

First academic degree in industrial engineering with 210 CP

- or a first university degree with engineering modules amounting to at least 60 credit points and with modules in business administration amounting to at least 60 credit points,

- or a first university degree with engineering modules amounting to at least 60 credit points and a successfully completed FOM-preparatory course in business administration,

- or a first university degree with business administration modules amounting to at least 60 credit points and a successfully completed FOM-preparatory course in technology,

- or a university degree (Diplom, Magister, Bachelor, state examination) in any discipline and 1.5-years work experience in a relevant field as well as successfully completed FOM-preparatory courses in business administration and technology.

English language proficiency B2 or above

Start: winter semester

Duration: 3 semester

Studycosts

registration fee 1.580,00 euro
one-off enrolment fee
tuition fee 11.400,00 euro
examination fee 350,00 euro
one-off examination fee at the end of the course
total fees 13.300,00 euro
Total costs includes enrolment fee, tuition fee and examination fee

Semester Overview

Study programme

Controlling & Financing

Controlling in an international environment
Financing and financing strategies (e.g. export and project financing)
Overview of the Financial institutions (lessors, insurers, financiers)
Risks in international industrial plant construction
Risk management and controlling

Technical Systems & Digitalisation

Overview of the field of modelling and simulation of technical systems
Development of simulation models of technical systems with the help of physical principles and differential equations
Model reduction and Validation of models
Presentation of methodical and technical tooling Aspects (practical exercises with Matlab/Simulink etc.)

Digitisation and Society
- data protection
- freedom of information
- Creation of personality profiles
- Right to forget etc.

Digitisation and economy
- Special features of digital goods (Internet of Things, network effects, Big Data)
- Rights of disposal and ongoing structural change (Industry 4.0, Sharing economy, crowdworker, work 4.0)
- Effects of digitisation competition policy, the
- promotion of innovation and the consumer protection

Research Methods

Qualitative and quantitative research methods
Quantitative data analysis (applications with R, statistical test procedures, multivariate procedures)

Decision focused Management

Classical Decision Theory
Management decisions from a psychological point of view
Decisions in the strategy context

International Commercial & Contract Law

World trade and globalisation
Basics of national and international business law
National and European law
International law as Basis of international commercial law
International private law
contract law
Selected contractual and rights of indebtedness
International Civil Procedure Law and Institutions
Significance of Compliance
Compliance Organisation
Compliance as an integrated part business and personnel processes

English for Technical Management

Grammar review
Language skill development
Selected negotiation and contract vocabulary
Business communication

Technology Management

Corporate and technology strategy
Technology management and concepts
Product development and methods
Process development and models
Project and risk management
Innovation and R&D Controlling
International Sales Management & Marketing
Product-Liftcycle-Management

Transfer Project

Consolidation of a subject module of the first two semesters
Reflection on one's own transfer competence
Application of specific methods
Transfer of scientific content into professional practice
Evaluation of the own teaching-learning process

International Project- & Claimmanagement

Fundamentals of international management
Basics of international project management
Project controlling in an international environment
Risk management in an international environment
Stakeholder management in an international environment
contractor management
supporters Project management techniques in an international environment

Intercultural cooperation and leadership
- Leadership and decision making
- team development
- Communication models and information
- conflict management

Deployment and development of international project managers
Claim Management and Claim Strategies
Negotiation concepts (Harvard concept and others) and strategies
Ethics and Compliance in
International Project Management

Technology & Sustainability (5 CP)

Sustainability – Basics
The roles of different actors in sustainable development
Sustainability assessment of products, Services and processes
Technology and technology transfer as Instrument of sustainable development
Technology- or Technology assessment
Sustainability relevant fields of technology