Program Introduction


Management Engineering (MGE)

UNIST School of Management Engineering provides education at the crossroads of engineering and management. Management engineering concerns the application of scientific analysis methods for efficient and effective decision making in business operation and management. In this context, the School of Management Engineering at UNIST aims at developing talented people who combine both engineering and management knowledge, and who will lead the national industry and economy based on active and self-directed leadership, strongly built on problem solving ability based on engineering accuracy and business intuition. Under the vision of "Data-Driven Management," the School of Management Engineering at UNIST focuses on quantitative data analysis techniques, such as optimization, data mining, technology innovation management, process management and enterprise systems, and financial engineering.

 

The UNIST School of Management Engineering emphasizes practical problem solving using a systematic approach to design, planning, forecasting and optimization of business systems, with a strong emphasis on data analysis. It offers a broad catalogue of subjects in the areas of computer programming and engineering, e.g., databases and applied programming, business administration, e.g., finance and investment, and industrial and financial engineering, e.g., production management, data mining and risk management. This multidisciplinary curriculum culminates in the 'project lab' course, which promotes links among subjects in different disciplines. Through the completion of the project lab, you will solve typical problems faced by modern businesses using your knowledge of management engineering techniques. For example, until now, students have had the opportunity to participate into projects carried out by various real world organizations, such as the Korea Institute of Science and Technology, Korea Exchange, Labor Welfare Corporation, and Hyundai Heavy Industries. The knowledge that you will acquire at the School of Management Engineering can be applied to almost any industrial field, ranging from manufacturing to information systems and financial services industry.

To ensure the provisioning of such a multidisciplinary curriculum, UNIST has assembled a faculty with diverse backgrounds, such as industrial engineering, financial mathematics, and information technology.

Features:

To train students to be highly adaptable in a continuously changing business environment, the UNIST School of Management Engineering strongly promotes self-initiative in the curriculum at all levels. Students are constantly trained to identify, synthesize, and analyze complex business situations in the public and industrial sectors, and prepare for further research after graduation.

As an example, in March 2016 the ‘project lab’ course focused on the issue of "Finding items to diversify business based on competency" with a company that produces insulation materials in Ulsan. The objective was to discover promising new products and new business areas for insulation technology, in order to steer future market intervention and competence acquisition. While completing the course, students have been able to build an integrated database that linked technology and product information. Data mining techniques, such as relationship prediction and information visualization, have then been used to identify promising new products and new business areas.

Careers after graduation:

Graduates of the UNIST School of Management Engineering can continue their studies in graduate schools across Korea and abroad to deepen their research skills, or enter general industry to directly apply their management engineering knowledge in the real world.

When choosing to continue in a graduate school, you will be recognized for your expertise and you will have the opportunity to work for the finest research institutes and higher education institutions in Korea and abroad. When entering industry, you will be able to access positions in both the public and private sectors in a variety of industries, such as manufacturing, finance, logistics, distribution, telecommunications and automotive. In recent years, many graduates have also joined start-ups focusing on the latest technologies or have sought to start their own businesses. Typical industry profiles of a management engineering graduate are the ones of decision makers in the department of product development and planning, management innovation, production planning and management, quality control, information systems, and project management. Your multidisciplinary skills will also facilitate career growth into top management.

While the demand for job profiles with management engineering capabilities is increasing rapidly, and only going to accelerate in the near future, the number of professionals who meet the needs of employers is still far from fulfilling this demand. UNIST graduates are expected to be most needed in different industries because of their convergent and multidisciplinary thinking, comprehensive and systematic problem solving ability, analytical and technical skills, and solid leadership and decision making capabilities based on rigorous data analysis.