Master of Science in Industrial Asset Management

Industrial Asset Management gives a modern practical twist to your technical education. This programme strengthens your professional expertise combining technical engineering, industrial maintenance, operational and management disciplines that are highly requested by various industrial and public sectors.

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About the programme
Duration

2 years (4 semesters)

Language of instruction

English

ECTS credits

120

Start of studies

August every year

En person går inne i en bygning. På hver side av personen er det illustrasjoner av maskiner.

About the programme

This programme levels up your Bachelor's degree with practical insights and knowledge about technical engineering, industrial maintenance, operational and managerial aspects related to modern industrial assets.  

  • The term "asset" includes, industrial plants and facilities, energy production and distribution systems, manufacturing and processing, industrial systems and technical equipment. It also includes industrial processes, civil structures and infrastructure, transportation systems, medical and health care systems, both in public and private sectors. 
  • Industrial Asset Management is a multidisciplinary study programme. The knowledge that you acquire can be used in offshore industry, energy sector, land-based production and process industry, technical infrastructure, transport, health, and many other industrial sectors.
  • In this programme students work with projects and issues that are directly taken from the public and private sector. 
  • This programme is designed to address the growing market demand in the field of asset management, operations and maintenance. Our graduates are well-positioned in the industry. The programme incorporates the latest knowledge, know-how and practices to equip future asset managers with the skills they need to develop solutions for the future.
  • This master's programme has a strong international profile with students from all over the world, and all courses are taught in English.   
  • The programme has achieved top results amongst the students in the national study survey Studiebarometeret, initiated by the Ministry of Education and Research and conducted by the Norwegian Agency for Quality Assurance in Education  (NOKUT).  

The programme has two specialisations:

This specialisation is open to students with a bachelor’s degree in engineering.

The specialisation has a focus on further advancing your engineering qualifications with selected practically oriented disciplines.

In addition to common courses, the specialisation covers disciplines such as machine learning for engineering, generative AI, energy and energy integration, additive manufacturing, civil structures, offshore wind, projects, investments and contracts.

This specialisation leads to the Norwegian professional title 'sivilingeniør'.

This specialisation is relevant for students with different types of backgrounds (see Academic requirements for more information). 

The specialisation has a focus on strengthening your technical qualifications with selected practically oriented disciplines.

In addition to common courses, the specialisation covers disciplines such as AI-based decisions, project risk, economics of energy, energy transition and energy technologies, investments, contracts, supply chain, climate change and sustainability.

Career prospects

This programme stood out due to its close ties with industry, its practical and interdisciplinary approach, and its emphasis on both technical and managerial aspects of asset management.

Former student Shambu Jayakumar (Jay), Specialist in Asset management at TenneT

Learning outcomes

All study programmes at the UiS have a set of defined learning targets. Read more about the learning outcome for this study programme.

After having completed the master programme in Industrial Asset Management, the student shall have acquired the following learning outcomes, in terms of knowledge, skills and general competences:

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.

Studyplan with courses

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Academic requirements

Specialisation in Asset Engineering and Digitalisation Processes

A bachelor’s degree in any engineering discipline is required. Applicants must have the equivalent of 25 ECTS credits in mathematics, 5 ECTS credits in statistics and 7,5 ECTS credits in Physics.
It may be an advantage if the applicant has taken subjects related to engineering, technical and operational aspects of engineering facilities/systems and processes in the bachelor's degree and/or has relevant technical and operational industrial experience related to engineering systems and processes.

Specialisation in Sustainable Assets and Smart Operations

A bachelor's degree in a relevant field such as general engineering, projects and contracts, economics and business management, operations management, supply chain and logistics, construction and construction management, industrial production, industrial services, industrial technologies, and general management, as well as other social sciences and business-related disciplines. Applicants with other educational backgrounds will also be evaluated by the admissions committee.

Admission to this master's programme requires a minimum grade average comparable to a Norwegian C (according to ECTS Standards) in your bachelor's degree. Applicants with a result Second-class lower Division or lower are not qualified for admission.

Supplementary rules for admission (PDF)

Application and admission

Student life at UiS

More information about Industrial Asset Management

Do you want to study Industrial Asset Management?
Jayantha Liyanage talks about Industrial Asset Management.

Student exchange

By going on exchange to one of our partner institutions abroad as part of your studies, you will have an opportunity to get a unique education. In addition to improving your career opportunities, you grow as a person and gain the ability to greater reflect on the topics you study as part of your degree.

All about exchange

Frequently asked questions

Why should I choose UiS?

This study, industrial technology and operations management, is quite unique. There are not many engineering disciplines that focus on technology, operational and management aspects of complex technical systems.

What are the job prospects after completing a master's degree?

If you look at the labor market now, the industrial norm becomes more complicated and more technologically advanced. Students must acquire skill sets and qualifications beyond the traditional engineering subject. This study programme is designed to provide the qualifications required of future engineers. Everyone who takes this course is competitive in the job market.

What qualities do students need to succeed?

We need engineers who can think outside the box. If you choose this master's degree, it is an advantage that you are independent, creative and want to be part of the industrial development.

Contact us

Adviser
51831867
Faculty of Science and Technology
Faculty Administration TN
Kontor for utdanningsadministrative tjenester
Professor
5183 1440
Faculty of Science and Technology
Department of Mechanical and Structural Engineering and Materials Science