Study programme description for students
Industrial Asset Management - Master
Facts
Studyprogram code M-OFFINN
Credits (ECTS) 120
Level Master's degree (2 years)
Leads to degree Master of Industrial Asset Management (industriell teknologi og driftsledelse)
Full-/Part-time Full-time
Duration 4 semesters
Undergraduate No
Language of instruction English
The master's degree programme in Industrial Asset Management provides a modern and practice-oriented approach to engineering education. The programme enables students to enhance their professional qualifications by combining technical, operational, and managerial disciplines related to modern industrial assets. The term assets includes, among others, industrial plants and facilities, energy production and distribution systems, manufacturing and processing systems, industrial equipment, civil structures and infrastructure, transport systems, and medical and healthcare technologies, across both the public and private sectors.
A master’s degree in Industrial Asset Management provides students with advanced competence and qualifications that are highly sought after in both public and private industry.
The programme is interdisciplinary and combines practice-oriented technical and management subjects such as industrial assets and modern uncertainties, decision analysis and processes, smart operations and maintenance, industrial logistics, condition monitoring and predictive analytics, asset economics, project management, modelling and simulation of performance dynamics, human–technology–organisation systems, risk analysis, and practical industrial training. The programme equips graduates with the core competencies required to pursue demanding and competitive careers in modern industry.
The master’s programme has two specialisations:
- Asset Technology and Digitalisation Processes
- Sustainable Assets and Smart Operations
The programme accepts students with a bachelor’s degree in both engineering and non-engineering disciplines.
Graduates will be qualified for a wide range of engineering and operational roles in both the private and public sectors. By combining multiple disciplines, the programme enables students to solve advanced technical and operational challenges outside their specialisation, in collaboration with experts from other fields. This provides excellent career opportunities in modern land-based and offshore industries, as well as in the public sector.
The programme is international, with Norwegian and international students studying together, and all teaching is conducted in English.
Objectives, content, and organisation of the study programme
The Study programme comprises 120 credits (ECTS) in total. In each specialization, 70 ECTS points are mandatory courses, 20 ECTS points are elective courses, and 30 ECTS points cover the master’s thesis.
The coursework in the study programme in general consists of lectures, seminars, project assignments, group work, obligatory and voluntary exercises, and laboratory work. Details on teaching and learning methods, required literature, evaluation methods, and assessment criteria are provided in each course description.
The department offers a list of recommended and other elective courses. Elective courses beyond these must be approved by the department. In general, students will have considerable freedom to choose appropriate elective courses depending on personal interests and career opportunities. The students themselves must check that they have the basic knowledge and fulfil any prerequisites to be able to take these courses.
The master's thesis project can be done either at UiS or in cooperation with the industry. Majority of our students base their master's thesis on practical industrial issues in different organisations.
The University of Stavanger aims to offer all its programmes as planned, but the courses must still be subjected to the availability of resources and a more than a minimum number of student admissions. The content and extent of the programme and individual courses can also be changed over time due to changes in the subject environment, the use of new technology, new practices and theories, and general societal changes.
Learning outcome
A graduate should have the following learning outcomes defined in terms of knowledge, skills and general competence:
Knowledge
K1: The candidate has advanced and interdisciplinary knowledge within industrial assets in the public and private sectors.
K2: The candidate has thorough and relevant knowledge on advanced, complex, and integrated nature of modern industrial assets w.r.t. new challenges and opportunities
K3: The candidate has thorough and relevant knowledge related to issues within their chosen field of specialization within Industrial assets.
K4: The candidate has knowledge of engineering, operations, and management of industrial assets that can be used for analysis, development, and innovation in new areas of practical and/or theoretical importance.
K5: The candidate has the ability to analyse practical or academic problems related to industrial assets based on history, traditions, and industrial and societal needs.
Skills
S1: The candidate can analyse existing theories, methods, and interpretations related to industrial assets and work independently with general practical and theoretical problem solving.
S2: The candidate can independently identify, map, analyse and communicate challenging issues based on relevant theories, practices, and modern understanding within their chosen field of specialization in Industrial assets.
S3: The candidate can use relevant methods and knowledge for research and professional development in an independent manner.
S4: The candidate can analyse and relate critically to various sources of information and use them to structure and formulate practical and/or academic arguments related to engineering, operations, and management of industrial assets.
S5: The candidate may conduct an independent, limited research or development project under supervision and in accordance with current research ethical standards related to engineering, operational, and managerial aspects.
General Competence
G1: The candidate can analyse relevant practical, academic, and research ethical challenges and be eligible to participate in the development and implementation of new technologies, methods, and principles for industrial assets.
G2: The candidate can apply knowledge and skills in new areas to carry out advanced tasks and projects related to industrial assets.
G3: The candidate can communicate comprehensive work professionally and independently, and master terminology, language, and expressions related to industrial assets.
G4: The candidate can communicate professional issues, as well as analyses and conclusions in the field, both with specialists and the general public.
G5: The candidate can contribute to new thinking and innovation processes in advanced, complex, and integrated industrial assets in all life cycle phases.
Career prospects
This multi-disciplinary study programme qualifies the graduates for a wide range of challenging careers in modern private industry and public organisations, In general, the graduates will be well qualified towards many career opportunities in a range of organisations and sectors, inclusive of;
- energy production, energy transmission and distribution systems, offshore industry, offshore platforms, processing facilities
- civil structures, transportation sector, and infrastructure
- supply chain and logistics, and other types of technical services
- industrial manufacturing, aviation, maritime, medical and health care, food sector, fishing industry, etc.
- land-based facilities, asset operators, service and technology providers, engineering contractors, consultants and authorities
- public institutions such as public roads administrators, railways administrators, energy transmission systems administrators
Many will also have interesting job opportunities within research, education, or in the public sector devoted to control, regulation, policies, and law enforcement related to various industrial sectors.
A degree in Industrial Asset Management provides a basis for work with:
- engineering
- operations
- industrial maintenance
- services
- projects
- consultancy
- reliability and availability
- operational safety and security
- asset integrity
- industrial technology and digitalization
- cost exposure
- societal impact and environmental footprint
- various leadership positions with a focus on value creation and risk mitigation connected to industrial assets, technical systems, and equipment
Course assessment
The schemes for quality assurance and evaluation of studies are stipulated in the Quality System for Education.Studyplan with courses
Student exchange
Schedule for the exchange
Students can go on a study abroad experience during the 3rd semester of the master programme in Industrial Asset Management.
In general, this 3rd semester consists of 20 ECTS credits of electives. You must be able to find corresponding courses that matches the master program specialisation you have chosen, at the host university that you choose to go on an exchange. The courses you want to take abroad must be approved by the department. It is important that the subjects/courses from abroad do not overlap with subjects you have already taken. Some early advice is to think about your specialization and your fields of interest.
If you plan to stay the whole 3rd semester abroad and take a total of 30 ECTS, then you must choose at least one non-science/technology related course equivalent to 10 ECTS (e.g. economics, project management, societal issues, green transition, or similar).
The Master program in Industrial asset management has bi-lateral student exchange agreements to facilitate your study abroad experience with many well-recognized Universities to in Italy, The Netherlands, Spain, France, Germany, Finland, Sweden, and Australia.
More opportunities
In addition to the recommended universities listed below, UiS has several agreements with universities outside Europe that are applicable to all students at UiS, provided that they find a relevant subject offering. Within the Nordic and Baltic region, all students can use the Nordlys and Nordtek networks.
Contact your Study Adviser at the Faculty if you have questions about guidance and pre-approval of courses:
General questions about the exchange: Go to the exchange guide in the Digital student service desk
See where you can travel
Contact information
Faculty of Science and Technology, tel (47) 51831700, E-mail: post-tn@uis.no
Study Adviser: Cathrine Hofker Tønnessen
