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MScTechnology Ventures with Systems Engineering Management

Why this course?

This unique and exciting two-year programme provides you with the opportunity to study and benefit from the expertise of both Carnegie Mellon University and the University of Strathclyde.

When you think about tech start-ups and entrepreneurship, Silicon Valley probably comes to mind. There's so much opportunity and funding in the region that entrepreneurs see it as a fertile ground for turning ideas into a reality.

Scotland also has a renowned history of innovation which is at the very heart of the country’s psyche and the University of Strathclyde is a central part of Scotland’s first Innovation District. This degree allows you to combine the best of Silicon Valley and Glasgow City Innovation District, creating the perfect combination for students wishing to develop the necessary skills to launch ventures that solve society’s biggest challenges.

What you'll learn

This MSc Technology Ventures with Systems Engineering Management will teach you how to focus your engineering skills and approach problems like an entrepreneur. You'll expand your expertise in systems engineering management and emerging technologies to help you launch an innovative venture and career worldwide.

The management of large complex systems engineering projects demands a unique set of skills not taught within conventional engineering or business management programmes.

Systems engineering is an interdisciplinary field of engineering and engineering management that focuses on how to design and manage complex systems over their life cycles. It ensures all likely aspects of a project or system are considered and integrated into a whole, which can be useful to understand when launching a technology venture with the aim of expansion and growth.

The aim of the MSc Technology Ventures with Systems Engineering Management dual degree is to develop systems engineering management capability. The course will create graduates who understand the complexities of the management situations they face, and who can apply systems thinking approaches and techniques to address the challenge of managing the complexity between the technical system being developed, and the people and organisations responsible.

Ultimately it will enable you to create a realistic understanding of how to manage complexity and uncertainty within engineering, business and socio-technical systems to achieve successful new technology ventures.


Year 1

For the first year of the dual degree programme, you’ll be supported down the exciting and challenging path to become a tech entrepreneur, teaching you the skills to start your own business or launch a venture within a large corporation. This will be at Carnegie Mellon University, within the College of Engineering, in Pittsburgh, United States.

Top-Ranked Coursework

The Integrated Innovation Institute partners with Carnegie Mellon’s College of Engineering to deliver cutting-edge, highly specialised engineering coursework for the Technology Ventures degree programme. Experience world-class technology academics with unique access to the world’s most exciting tech ecosystem. The college ranks sixth in 2019 U.S. News and World Report’s list of top graduate schools.

Find out more about the first year of the dual degree on the Carnegie Mellon University programme page.

Year 2

You’ll spend your second year of the dual degree at the University of Strathclyde, in the Department of Design Manufacturing & Engineering Management (DMEM). You’ll gain practical experience of working within globally distributed teams and with an industrial client.

Award-winning University

We’ve invested £1 billion into our campus to ensure our students are in a first-class working and learning environment where they are inspired through both their studies and their surroundings.

The University of Strathclyde is regularly recognised for its achievements and quality, having won several awards including Scottish University of the Year 2020 (The Times Good University Guide 2020), Top 20 UK University for Research Intensity (Times Higher Education REF2014) and a 5-star rating (QS Stars University Ratings).

Entrepreneurial support

Carnegie Mellon University

As a graduate of the MSTV degree, you will be uniquely positioned to launch your first venture through Carnegie Mellon’s pre-incubator program, VentureBridge. Receive mentorship and support as you turn your start-up into a reality, completing the program with a validated proof of concept and strategy for acquiring customers.

Open exclusively to CMU students and alumni, the VentureBridge program is based at CMU's Silicon Valley campus and hosted by the Swartz Center for Entrepreneurship.

University of Strathclyde

The University of Strathclyde has a strong commitment to enterprise. Since 2005, we've helped to support the formation of over 260 start-up and spin-out companies!

In recognition of the University’s great work, Strathclyde was named UK Entrepreneurial University of the Year in 2013/14 at the Times Higher Education (THE) awards.

Find out more about the Strathclyde Entrepreneurial Network.

Industrial experience

During the second year of your course, at the University of Strathclyde, you'll undertake an industrial group project. This will help you to develop and apply your skills as a technology ventures entrepreneur within the real world.

The Industrial Group Project will give you the opportunity to work as part of a team. You'll develop your people, project management and leadership skills. You'll do this by applying systems engineering management principles to address a practical problem for an industrial client, gaining direct industry experience. The Industrial Group Project works in conjunction with major organisations that face challenges with the management of major design engineering projects and have a demand for the skills gained from this course.

Through this module you'll gain experience to add to your CV, develop skills, manage a project through to completion and practice working in a multidisciplinary group preparing you for collaborative work throughout your future career.

We work with on average 50 organisations per year and previous students have worked with organisations such as:


  • Adidas
  • Airlie Ice Cream
  • Drink Baotic
  • Promedics Orthopaedics
  • Rolls Royce
  • Spirit AeroSystems (Europe), Inc
  • Unilever


  • Adidas
  • Alexander Dennis
  • Belle Bridal
  • Chivas Brothers Ltd
  • HATSUN Agro Products (India)
  • Johnstons of Elgin
  • Terex Trucks


  • Adidas
  • Allied Vehicles
  • Jaguar Land Rover
  • NCR
  • RSPB Scotland
  • Weir Group
  • WEST Brewery

International experience

You’ll gain an international experience by studying, integrating and living in two different countries and universities throughout this unique dual degree masters.

Carnegie Mellon University

Carnegie Mellon University (CMU) challenges the curious and passionate to imagine and deliver work that matters.

A private, global research university, Carnegie Mellon stands among the world's most renowned educational institutions, and sets its own course. With cutting-edge brain science, path-breaking performances, innovative start-ups, driverless cars, big data, big ambitions, Nobel and Turing prizes, hands-on learning, and a whole lot of robots, CMU doesn't imagine the future, we create it. 

Find out more about CMU.

University of Strathclyde

Engineers are problem solvers. They must combine creative, practical and technical skills in an innovative manner in order to find solutions to modern challenges.

The energetic and innovative Department of Design, Manufacturing & Engineering Management was founded in 1989 and is headed by Professor Alex Duffy.

The department delivers broad-based education and research aligned to the needs of innovative global industry. Relevance, creativity, quality, and multidisciplinary team working are key themes in the way the department operates. The department is concerned with ‘what to make’ and ‘how to make it’, and its research interests involve product and process technologies, design methodologies, advanced manufacturing and organisational modelling.


You'll learn from leading experts who have great experience working with major systems development and operation organisations.

Staff include:

  • Professor Alex Duffy
    Professor Duffy is a leading expert in systems design, coordination of systems engineering projects, performance improvement and strategic development.
  • Professor Jörn Mehnen
    Professor Mehnen is an internationally renowned expert in Industry 4.0 technology, Internet of Things and Through-Life Engineering as well as Cloud Manufacturing.
  • Dr Ian Whitfield
    Dr Whitfield is an internationally recognised expert in collaboration within large engineering projects, knowledge and information management through life, and modular systems design.


For year two of the programme, you will be based within the Department of Design, Manufacturing and Engineering Management (DMEM), the only department in the UK combining end-to-end expertise from creative design, through engineering design, manufacture and management of the entire system.

Our industrial links provide an excellent route into real-world application and direct engagement with major companies

The Advanced Forming Research Centre (AFRC) near Glasgow Airport is hosted by DMEM. The AFRC is a powerful platform with very strong links into industry and host to the latest manufacturing technologies. This gives students direct access to the latest high-tech equipment. The AFRC has invested £35M in equipment for the development of forming and forging technologies.

Our facilities provide you with a large range of rapid prototyping and manufacturing tools and machinery.

The Advanced Digital Manufacturing Facility gives you hands-on access to the latest Internet of Things (IoT) devices that are used in class and that you can also use in your projects. This will help you to design, prototype and manufacture as well as perform research on a broad range of items.

Additionally, as a Masters student in the department, you will also have access to a private postgraduate student community area, including collaboration work areas and social areas, as well as a kitchen.

Dual degree options

The MSc Technology Ventures dual degree programme has three streams to choose from:

  • MSc Technology Ventures with Design Engineering
  • MSc Technology Ventures with Digital Manufacturing
  • MSc Technology Ventures with Systems Engineering Management

Find out more about the MSc Technology Ventures dual degree and more about studying in CMU.

Course content

Year 1, Carnegie Mellon University

Students will spend two semesters at the Silicon Valley campus and complete 99 units of coursework, plus a third semester completing a summer internship. You'll find the full Carnegie Mellon University course structure under the Course Plans section on their website.

Semester 1 courses (Fall)

  • Innovation and Entrepreneurship
  • Product Management
  • Business Models and Strategy
  • Venture Governance
  • Legal Issues in New Venture Creation
  • Elective

Semester 2 courses (Spring)

  • Enterprise Innovation
  • The Leadership Challenge
  • Grand Challenge Innovation
  • Financial Fundamentals for New Ventures
  • Agile Marketing for New Ventures
  • Dynamic Global Teams

Semester 3 courses in Silicon Valley (Summer)

  • Internship

Year 2, University of Strathclyde

Compulsory classes

People, Organisation and Technology (10 credits)

This module aims to introduce students to the “softer” aspects of engineering management. Given some key organisational and technological issues, the main focus is to examine the relationship between “human” elements and change management from an engineering-oriented perspective.

At the end of this module students will be able to:

  • Discuss key issues in organisation and technology by critically defining and discussing key characteristics of an organisation and evaluating the impact of technology on the workplace of the future
  • Understand modern people management concepts and practices by evaluating leadership and motivation techniques using analytical approaches and will demonstrate critical understanding of the role of people in a modern organisation
  • Identify the challenges and consequences of change, including defining and discussing the skills required to handle organisational change and the drivers and obstacles towards organisational change
  • Understand the impact of organisational and technological issues on people when managing changes. This includes identifying drivers and obstacles from organisational, technological and human perspectives using analytical methods as well as creating strategies to help implement changes

Assessment and feedback is given in the form of:

  • Group presentations and a group report
  • An individual essay
Systems Thinking & Modelling (10 credits)

This module aims to introduce students to the theories and principles of Systems Thinking. The module also introduces the methods, tools and techniques for modelling, analysing, improving and designing systems in a variety of organisations including industrial, commercial and public sector.

The module covers: Systems theory, concepts and approaches; Hard and soft systems analysis and systems dynamics; Systems and organisational performance – including leadership in a systems environment and ‘design’ in a systems environment and Practical application of Systems Thinking.

At the end of this module students will be able to:

  • show clearer understanding and knowledge of hard and soft approaches and how they can be used to deal with complexity and system behaviour in a business context
  • develop understanding of fundamental cybernetic principles that form the foundations of Checkland’s Soft System Methodology and Beer’s Viable System Model
  • develop knowledge and skills in systems analysis and business process modelling
  • critically evaluate the most appropriate methodology to model, analyse and design engineering/business systems across a range of organisations
  • demonstrate an understanding of how to model a business system and to develop a solution to solve a business system problem
  • develop an awareness of the importance of system approaches in management interventions

Assessment and feedback is in the form of a group presentation and one coursework in the form of a reflective diary.

Systems Engineering Concepts (10 credits)

This module aims to enable students to understand the principles and techniques of Systems Engineering and demonstrate the appropriate application of these concepts and knowledge within an engineering context.

The module covers: system lifecycle processes and models (waterfall, incremental, spiral, agile etc), V-model, ISO15288 life cycle of systems, approaches to requirements elicitation and analysis, systems decomposition and integration, verification and validation and understanding the relationship with ISO9000, management of complexity including methodologies for the modelling, analysis and optimisation of complexity within systems engineering.

At the end of this module students will be able to:

  • Demonstrate an understand of the implications of ISO15288 and ISO9000 from a systems engineering perspective
  • Apply requirements engineering tools and techniques to define and document a system
  • Use optimisation techniques to demonstrate how the system of systems could be restructured in some way to improve performance
  • Demonstrate and critique the application of existing systems lifecycle models and propose adaptations where appropriate

Assessment and feedback is in the form of coursework (100%)

Systems Architectures and Design (10 credits)

This module aims to develop an understanding of the principles of complexity and the systems architecting process to allow application to a wide range of engineering, business and socio-technical systems.

The module covers: Understanding types of systems and their requirements: engineering systems; business systems; socio-technical systems; System architecting process; Architecting using different perspectives: enterprise; operational; systems; logical; physical; decision; The lifecycle perspective; Optimising the solution; Applying architecting in practice.

At the end of this module students will be able to:

  • Demonstrate an understanding of how complicatedness, complexity, uncertainty are related to systems
  • Describe how systems can be adapted in order to make them adaptable, resilient, agile and sustainable
  • Demonstrate the use of a structured approach in order to create enterprise, operational, systems, logical, physical and decision architectures
  • Apply optimisation techniques to improve relevant aspects of the system’s performance
  • Use appropriate research techniques in order to demonstrate integration between the system perspectives
  • Demonstrate that good research practice has been adopted in investigating, modelling and documenting the architecting of an engineering, business or socio-technical system

Assessment and feedback is in the form of coursework (100%), there is no exam

You'll learn about the principles of complexity and the systems-architecting process which can be applied to a wide range of engineering, business and socio-technical systems.

Engineering Risk Management (10 credits)

This module aims to introduce the basic principles and techniques of engineering risk management and demonstrates the appropriate application of this knowledge within an engineering context.

The module covers: Risk definitions and basic risks in engineering; Risk management processes; Reliability - achieving reliability; Reliability, Availability, Maintainability and Safety (RAMS) cycle; failure rate; Mean Time Between Failure; Mean Time to Fail; Mean Life; failure stages within bathtub distribution; downtime; repair time and availability; Risk classification - failure rate; severity and detection; As Low As Reasonably Practicable (ALARP); Risk identification - Failure Modes and Affects Analysis; Hazard and Operability Study; Fault and Event Tree Analysis; Risk-based decision making – uncertainty, decision trees, Pareto optimality, Analytic Hierarchy Process and Risk legislation and litigation in engineering.

At the end of this module students will be able to:

  • Demonstrate awareness of and ability to make general evaluations of risk issues in the context of the particular specialisation, including health & safety, environmental and commercial risk
  • Demonstrate awareness of relevant regulatory requirements governing engineering activities
  • Demonstrate ability to work with information that may be incomplete or uncertain, quantify the effect of this on the design and, where appropriate, use theory or experimental research to mitigate deficiencies

Assessment and feedback is in the form of a group coursework to show understanding of the risk management process in practice (100% for group contribution and submission of main reports).

Postgraduate Group Project (40 credits)

This module aims for students to integrate and apply design, manufacturing and engineering management knowledge and skills to an industry based product and process development project and to develop project management skills.

The module consists of a team-based industrial project where an outline project brief is set by an industrial client. The team is expected to manage all aspects of the project through to a finished solution. This can be a product, system or process depending on the nature of the project. Teams meet with academic staff and industrial clients regularly through the project.

At the end of this module students will be able to:

  • Have in-depth understanding and knowledge of products and management practices in industry
  • Critically review and evaluate products and management practices of the particular company and the business impact of proposed solution
  • Demonstrate knowledge and ability in applying and using various analysis and modelling tools and techniques
  • Demonstrate project planning and management, presentation, consulting and team working skills
  • Plan, control and lead an industrial project from inception to completion.
  • Evidence achieving deliverables which meet the client company requirements.

Assessment and feedback includes a project report, a presentation to the client and any other deliverables specified in the project brief.

Postgraduate Individual Project (60 credits)

The aim of the individual project is to allow students to combine the skills learned in other modules of the course and apply them within a significant project in a specific area of design, manufacture, or engineering management. This will be achieved through students carrying out work into a particular topic relating to their course and preparing a dissertation that documents the project.

On completion of the module the student is expected to be able to:

  • Define a valid project in a cutting-edge field of study relevant to the student’s degree – with an appropriate methodology and work plan for the project
  • Plan, manage and complete project, involving where appropriate technical analysis and independent critical thinking. This involves giving a thorough, logical and critical review of the subject matter; using appropriate tools, processes and levels of analysis in the project and applying project management techniques to manage a successful project
  • Document their project using suitable presentation techniques (such as language, figures, writing, layout, structure etc.); showing clear evidence of the value of the project and its outcomes and describing the project with clarity

Based on the work of a project, a student will submit an individual dissertation that will account for 90% of the final mark for the class. An interim project justification report will account for the remaining 10% of the mark.

Elective classes

Students must choose 30 credits from:

Product Modelling and Visualisation (10 credits)

You'll be introduced to the concepts of multi-perspective product modelling and techniques used to visualise products before they are fully designed and manufactured.

Strategic Supply Chain Management (10 credits)

This module aims to introduce the fundamental techniques of risk management, risk-informed decision making and the general principles of risk analysis and its place in risk management, as well as the chance to develop skills in applying these methods to a variety of engineering examples.

The module covers: modelling approaches and methods used by industry currently to manage risk; tools and techniques that are gaining popularity in industry but are not widespread; the basic principles of uncertainty and consequence modelling and the tools and techniques required to apply these principles and Industry standard processes and software tools.

At the end of this module students will be able to:

  • understand theory that underpins standard approaches to elicitation of expert judgment
  • understand basic theory of fault and event tree modelling
  • understand the standard approaches to modelling dependency between random variables
  • develop the ability to assess the robustness of a risk model
  • understand the standard methods used in ALARP decision-making
  • appreciate the consequences of choosing specific measures for risk

Assessment and feedback is in the form of 40% individual work and 60% group work.

Design Methods (10 credits)

You'll gain a structured introduction to the design management process, issues and tools.

Sustainable Product Design and Manufacture

You'll develop the skills to address global challenges in sustainable product development and the study of environmental legislation.

Design of Experiments for Process Optimisation (10 credits)

This module aims to introduce students to statistically planned experiments and industrial measurements.

The module covers: Basic concepts of quality such as inspection and parameter design; Statistically planned experiments including two-level and three-level factorial experiments; Taguchi’s contribution to quality improvement including location/dispersion analysis and strategy for robust design; Test and measurement system including signals processing, DAQ hardware and software and Graphical programming (LabView).

At the end of this module students will be able to:

  • demonstrate knowledge and understanding of design of experiments
  • demonstrate knowledge and understanding of Taguchi’s approach to quality improvement
  • demonstrate knowledge and understanding of test and measurement systems

Assessment and feedback is in the form of two pieces of coursework:

  • Coursework 1 – plan and evaluate a factorial experiment using Excel (60%)
  • Coursework 2 – design a data acquisition application using LabView (40%)


Knowledge and Information Management for Engineers (10 credits)

You'll develop the skills to design develop and implement knowledge and information management systems.

Business Simulation Methods (10 credits)

This class introduces two main forms of business simulation: discrete-event simulation and system dynamics (a continuous simulation technique).

Entry requirements

To apply for the MSc Technology Ventures dual degree you will need to apply to both the University of Strathclyde, on the apply button on this programme page, as well as Carnegie Mellon University, so that both of our admissions teams can assess your application.


First or second-class Honours degree, or equivalent, in a relevant engineering, technology, science or business related discipline.


Degree, or good HND plus relevant industrial experience, may be considered for entry to the Postgraduate Diploma. Depending on satisfactory progress, students may transfer from the Diploma to the Masters course.

English Language Requirements

IELTS (for international students)
6.0 overall with no individual component below 5.5

Pre-Masters preparation course

The Pre-Masters Programme is a preparation course held at the University of Strathclyde International Study Centre, for international students (non EU/UK) who do not meet the academic entry requirements for a Masters degree at University of Strathclyde. The Pre-Masters programme provides progression to a number of degree options.

Upon successful completion, you will be able to progress to this degree course at the University of Strathclyde.

Fees & funding

Students on the MSc Technology Ventures dual degree will pay the Carnegie Mellon University fees in year one of the degree stated below (view CMU fees in the Tuition and Financial Aid section) and the Strathclyde fees below in year two of the degree. Please note, this is a two-year dual degree programme, therefore, you will require funding for both Year 1 and Year 2 to gain the Masters.

Fees for year one at Carnegie Mellon University are:

$50,521* total

(Split into 2 Academic terms $48,500* and Summer term $2,021)

Fees for year two at the University of Strathclyde are:

2019/20 full-time

The fees quoted below are for full-time courses and per academic year unless stated otherwise.


  • £8,100

Rest of UK

  • £9,250


  • £20,050

How can I fund my course?

Faculty of Engineering Excellence Scholarship (FEES) for International Students

If you're applying for an MSc course you'll be eligible to apply for a Faculty of Engineering Excellence Scholarship offering up to £3,000 towards your tuition fees.

The scholarship is available for application to all self-funded, new international (non-EU) fee-paying students holding an offer of study for an MSc programme in the Faculty of Engineering at the University of Strathclyde. Please note you must have an offer of study for a full-time course at Strathclyde before applying.

You must start your full-time MSc programme at Strathclyde in the coming academic year (2020/21).

Scottish and non-UK EU postgraduate students

Scottish and non-UK EU postgraduate students may be able to apply for support from the Student Awards Agency Scotland (SAAS). The support is in the form of a tuition fee loan and for eligible students, a living cost loan. Find out more about the support and how to apply.

Don’t forget to check our scholarship search for more help with fees and funding.

Students coming from England

Students ordinarily resident in England may be to apply for postgraduate support from Student Finance England. The support is a loan of up to £10,280 which can be used for both tuition fees and living costs. Find out more about the support and how to apply.

Don’t forget to check our scholarship search for more help with fees and funding.

Students coming from Wales

Students ordinarily resident in Wales may be to apply for postgraduate support from Student Finance Wales. The support is a loan of up to £10,280 which can be used for both tuition fees and living costs. Find out more about the support and how to apply.

Don’t forget to check our scholarship search for more help with fees and funding.

Students coming from Northern Ireland

Postgraduate students who are ordinarily resident in Northern Ireland may be able to apply for support from Student Finance Northern Ireland. The support is a tuition fee loan of up to £5,500. Find out more about the support and how to apply.

Don’t forget to check our scholarship search for more help with fees and funding.

International students

We have a large range of scholarships available to help you fund your studies. Check our scholarship search for more help with fees and funding.

Please note

The fees shown are annual and may be subject to an increase each year. Find out more about fees.


The career opportunities for students graduating from the MSc Technology Ventures with Systems Engineering Management dual degree are endless. Engineering management blends engineering principles and manufacturing technologies with project management and business, whilst systems engineering considers the combination of complex interrelated systems, as well as the human factors, that make up modern engineering projects.

Industries that lead the development of aerospace, automotive, civil and construction, defence, electronics, infrastructure, and power generation projects have identified that systems engineering management skills are the scarcest in the sector and are a rare commodity in today’s recruitment environment.

Example graduate job titles include:

  • Systems Engineering Manager
  • Systems Engineer
  • Control Systems Engineer

According to PayScale*, the average Systems Engineering Manager salary is £53,159.

*Last accessed 18 February 2019

Many graduates from the Department of Design, Manufacturing & Engineering Management become entrepreneurs and have started up their own companies or work freelance, for example:

  • Colour Academy Publishing Ltd who create educational colouring books was founded by Product Design Engineering graduate Matthew Carter
  • The Freelance Design Engineer who designed the Queen’s baton for the 2014 Commonwealth Games is Product Design Engineering graduate Michael Aldridge
  • VH Innovation Ltd, the parent company of Recoil Kneepads was founded by Product Design Engineering graduate Victoria Hamilton
  • Fiodh Scotland, which produces Scottish heritage watches from old whisky barrels was founded by Product Design and Innovation graduate Michael Youmans
  • DMEM Visiting Professor Dugald Cameron who created the early sketches of the ultrasound machine used in pregnancy scans
  • and many more!

Contact us


To apply for the MSc Technology Ventures dual degree you will need to apply to both the University of Strathclyde, via the button below, as well as Carnegie Mellon University, so that both of our admissions teams can assess your application.

Technology Ventures with Systems Engineering Management

Qualification: MSc, Start date: Sep 2020, Mode of delivery: attendance, full-time

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