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Ameer Khatri MBA Consultant

Federation University Of Australia MeM Program Overview

16/10/2023

6.5

IELTS

90

TOEFL

$95K

Avg. Cost of Study

18

Months Duration 

$130K

Avg. Salary

Summary

Introduction to MeM at FUA

The Master’s course covers the key knowledge and skills required for engineering project and resource planning and execution. This includes contracts and costing, business analysis and decision making, the global management environment, human and financial resources, risk, and research methodology. You will also undertake an independent piece of research in the last year of your course.

The unique course structure will ensure you are well prepared to make your mark, not only in Australia, but worldwide, where efficient and competent planning and execution of large projects, particularly in infrastructure, is essential in ensuring the success of key global industries.

Why Study MeM at FUA?

16

FT Rankings

NA

US News

5

QS Top MBA

Program Costs + Living Expenses : MeM at FUA

$18,491

Avg. Cost of Tuition/Quarter

+ 

$14,537

Avg. Living Cost/Quarter

95,000

Avg. Cost of Study

FeesUndergraduate (AUD)
Tuition14,400 – 34,600
Overseas Student Health Cover (OSHC)752
Living cost (accommodation, food, transport, clothing, and entertainment20,290
Total35,442 – 55,642

 

Employement Prospects : MeM at FUA

85%

Employed within 3 months of graduation

130K

Avg. Salary

    Most Sought-after Jobs

Investment manager.

Change management engineer

Fashion retail project manager

Capital markets analyst

Consultant

Mergers and acquisitions (M&A)

  • Technology: MEM graduates are in high demand in the technology industry, where they can use their skills to lead and manage engineering teams, develop new products and services, and solve complex technical problems. Some examples of technology companies that hire MEM graduates include Google, Facebook, Apple, and Amazon.
  • Finance: MEM graduates are also in high demand in the finance industry, where they can use their skills to analyze data, make financial projections, and manage investment portfolios. Some examples of finance companies that hire MEM graduates include Goldman Sachs, Morgan Stanley, and JP Morgan Chase.
  • Consulting: MEM graduates are also well-suited for careers in consulting, where they can use their skills to help clients solve complex business problems. Some examples of consulting firms that hire MEM graduates include McKinsey & Company, Bain & Company, and Boston Consulting Group.
  • Healthcare: MEM graduates can also use their skills to improve healthcare delivery, develop new medical devices, and manage healthcare organizations. Some examples of healthcare companies that hire MEM graduates include Johnson & Johnson, Pfizer, and Abbott Laboratories.
  • Energy: MEM graduates can also use their skills to address the challenges of energy production and distribution, develop new energy technologies, and manage energy companies. Some examples of energy companies that hire MEM graduates include Exxon Mobil, Chevron, and Shell.
  • Sustainability: MEM graduates can also use their skills to address the challenges of sustainability, develop new sustainable technologies, and manage sustainable businesses. Some examples of sustainability companies that hire MEM graduates include Tesla, Beyond Meat, and General Electric.

The average salary for MEM graduates is \$130,000 per year. However, salaries can vary depending on the industry, the level of experience, and the specific job title.

Eligibility Criteria for MeM at FUA

Academic Qualifications:

  • A four-year bachelor’s degree from an accredited college is required of all students.
  • Students who possess a relevant technical background in engineering, physics, or another related field and meet the aforementioned degree requirement.
  • Students accepted to Stanford have an overall high school GPA of 3.0 on a 4.0 scale.

Student Eligibility for Indians:

If an Indian student satisfies one of the following requirements, they may apply: completed a 4-year UG degree with a first-class grade from an accredited university in a relevant discipline.

Note: Stanford does not consider a three-year bachelor’s degree in any discipline to be sufficient for graduate study. After receiving a three-year bachelor’s degree from India, you must complete a two-year master’s programme.

  • International students from non-English speaking countries must also meet the basic eligibility standards.
  • Avg. Score in IELTS 7.0 / 9
  • Avg. Score in TOEFL100 / 120
  • Avg. Score in PTE 68 / 90
  • Avg. Score in GRE 328 / 340

Application Deadlines - FUA MEM

DateApplication Status
Late SeptemberOnline Application Opens
December 1, 2023 (11:59pm PST)Application deadline for Autumn 2024-25 for applicants also applying to the Knight-Hennessy Scholars program
December 12, 2023
(11:59pm PST)		Application deadline for Autumn 2024-25

The application deadline is final. Applications will not be accepted after the deadline.

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Scholarships Available : MeM at FUA

  1. Stanford Graduate Fellowships
  •  Stanford Graduate Fellowships are given to exceptional graduate students based on their academic ability and research potential. Full tuition and stipend support are offered via fellowships for up to three years.
  • Students must have a high academic record, a demonstrated interest in research, and excellent letters of recommendation in order to be considered for a Stanford Graduate Fellowship.
  • Fellowships are frequently given to graduate students who are just beginning their studies.

2. Scholars at Stanford University

  •  Stanford Knight-Hennessy A highly selective scholarship programme called Scholars offers outstanding graduate students from all across the world full financial support. Scholars are picked based on their academic prowess, capacity for leadership, and dedication to public service.
  • To qualify, Students applying for the Stanford Knight-Hennessy Scholarship must have a high academic record, a commitment to public service that can be seen, and excellent letters of recommendation.
  • There is no set subject of study requirement, and scholarships are given to pupils from all around the world.

3. Management Science and Engineering Department at Stanford University Fellowships

  • Graduate management science and engineering students can apply for a number of fellowships from the Stanford Department of Management Science and Engineering. Scholarships are offered to fund research, stipend, and tuition costs.
  • Students must be enrolled in a degree programme in the Department of Management Science and Engineering at Stanford to be eligible for a Stanford Department of Management Science and Engineering Fellowship.

The criteria used to award fellowships are academic merit, potential for research, and leadership abilities.

4. Stanford Graduate School of Engineering Fellowships

  •  The Stanford Graduate School of Engineering provides graduate students in all engineering areas with a range of fellowship opportunities. Scholarships are offered to fund research, stipend, and tuition costs.
  • Students must be enrolled in a degree programme at the Stanford Graduate School of Engineering in order to qualify for a Stanford Graduate School of Engineering Fellowship.
  • Scholarships are given based on academic achievement, potential for future research, and leadership abilities.

5. Fellowships from Stanford University

  • Graduate students from many fields are eligible for a range of fellowships from Stanford University. Fellowships offer financial support funding for research, stipend, and tuition costs.
  • Students must be enrolled in a degree programme at Stanford University in order to qualify for a Stanford University Fellowship.
  • Scholarships are given based on academic achievement, potential for future research, and leadership abilities.
  • Graduate students who are unable to pay the entire cost of attendance can apply for financial aid via Stanford Financial Aid. Grants, loans, and work-study programmes are all forms of financial assistance.

Specializations & Electives Offered

MS&E master’s students complete breadth as well as depth. All are required to develop competence in optimisation and analytics, organisations and decisions, and probability.  In addition, every student pursues a speciality in one of seven areas:

  1. Financial Analytics
  2. Operations and Analytics
  3. Technology and Engineering Management
  4. Computational Social Science
  5. Decision and Risk Analysis
  6. Energy and Environment
  7. Health Systems Modeling

To know in depth about the curriculum and pre-requisites click here.

FAQs About MeM

You are eligible to apply if you have earned a Bachelor of Science in a similar science discipline, but you may be at a disadvantage compared to engineering majors who have applied. Please thoroughly review the requirements of the program in the MSME Graduate Handbook to help you decide if you are prepared for our program.

 Yes. Students with a BS degree are eligible to apply to the PhD program.

You can enter all types of work experience in the Education and Experience section as well as detailing these experiences on your CV (Resumé).

Students who have already received a Master’s degree or an equivalent international advanced degree in Mechanical Engineering or a closely related discipline are not eligible for admission to Stanford’s MS program in Mechanical Engineering. Students with a Master’s degree in a discipline that does not substantially overlap with Stanford’s MS program may apply.

Students who are already enrolled in a program leading to a Master’s degree or an equivalent international advanced degree in Mechanical Engineering or a closely related discipline are not eligible for admission to Stanford’s MS program in Mechanical Engineering.

Application Process & timeline

We strongly advise all our clients to have a proper excel sheet or a timetables mapped out.
Once you are done with GMAT the entire application process usually take 4-6 weeks

Step 1

GMAT / GRE Score

2-3 months.

If you are not sure about what score to target then look at the average score of the schools you want and shoot above the average. 

Step 2

Profile Evaluation

 1-2 weeks.

Get your profile evaluated from a professional consultant and figure out what schools you can target based on your profile

Step 3

Application Prep

3-4 weeks at least. 

Start writing at least 1 month in advance of their 1st deadline. First application usually takes the longest.

Step 4

Interview Prep

1 week

School will notify you and give you roughly 1 week to schedule your interview. Ideally, start your prep ASAP and Do some mock interviews.

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