Do you want to further develop your engineering qualifications and also be competent for operational and technological job positions? Industrial Asset Management is a multidisciplinary programme, which will prepare you towards an exciting future carrier both in the public and private sectors.
2 years (4 semesters)
English
August every year

The master programme in Industrial Asset Management brings a modern twist to engineering education. Through this Master's degree, students will acquire modern multi-disciplinary expertise that is much in demand for various industrial sectors today.
This programme levels up your engineering education (mechanical, structural, electrical, civil, process, petroleum, energy, etc.) with practical knowledge about modern industrial assets, relevant standards & regulations and systems (i.e. production plants, process facilities, energy production and distribution systems, machines and equipment, infrastructure and civil structures, etc), digitalized and integrated operations, modern industrial maintenance, enabling technologies of Industry 4.0, relevant standards & regulations, and industrial decision making and performance management.
The focus of the study programme is to enable graduating students to obtain competitive competence on a Master's degree level in technology and to develop knowledge and qualifications related to modern, digital, advanced, and complex industrial facilities/engineering systems in industrial and public organizations. They will be able to apply the knowledge obtained in challenging industrial environments in all life cycle phases of complex engineering assets and systems, (i.e. concept, design, procurement, construction, installation, commissioning, operation, maintenance, modification. Life extension and decommissioning or reuse).
This programme offers practical understanding and knowledge for engineers also covering up-to-date industrial developments such as; digital transformation and industry 4.0, their associated technologies such as the internet of things, data-driven decisions, modelling and simulations, green transformation, national and international Standards, etc., that prepare them for professional work life in modern industrial settings.
This MSc programme has a strong international profile with students from all over the world.
Career prospects
The programme qualifies the graduates for a broad range of positions in private industry and public organizations. Since the core of the master programme consists of commonly usable principles and methods, graduate students can qualify for many attractive job positions in both the Land-based and offshore industries.
In general, the graduates will be well qualified for positions within various sectors inclusive of facility/plant owners or operators, service and technology providers, engineering contractors, consultants, authorities, as well as public institutions who are involved in designing, building, operating, removing, and/or recycling of advanced and complex engineering facilities and systems. This can include, for instance, energy production and distribution, manufacturing, infrastructure, offshore systems and platforms, processing facilities, and a wide variety of other engineering and service industries.
Many will also have interesting job opportunities within research, education, or in the public sector devoted to control, regulation, and law enforcement of industrial sectors.
Moreover, a completed master's degree with a minimum average grade of B for courses and a grade of A or B for Master thesis may qualify for admission to an engineering/technical PhD programme at the University of Stavanger.
Meet our former students
Ine Høines
Dept. engineer at Gassco
Vanessa Sele
Maintenance engineer at Oceaneering
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 in industrial assets and systems both in the public and private sectors.
K2: The candidate has thorough and relevant knowledge in industrial and maintenance engineering of smart and technological supported industrial assets (ex. production systems/processes, production facilities, technical systems/machinery/equipment, etc.) that covers the scope of NORSOK Z-008 standard and comply with Industry 4.0 vision.
K3: The candidate has thorough and relevant knowledge in industrial asset management of advanced, complex, and integrated industrial assets that covers the scope of ISO 55000 and IEC 60300 standards.
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 in industrial assets based on history, traditions, and industrial and societal needs.
Skills
S1: The candidate can analyse existing theories, methods, and interpretations in industrial assets (ex. Production systems/processes, production facilities, technical systems/machines / equipment, etc.) and work independently with practical and theoretical problem-solving. The candidate can independently identify, map, analyse and solve challenging industrial processes/problems using existing theories, methods, and interpretations in the field.
S2: The candidate can use relevant methods and knowledge for research and professional development in an independent manner.
S3: The candidate can capture stakeholders’ needs, measure, analyse and visualise performance indicators and asset health measures, model, simulate and predict asset behaviours, and diagnose and prescribe interventions.
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 activities.
General Competence
G1: The candidate can analyse relevant academic and research ethical challenges and be eligible to participate in the development and implementation of new technologies, methods and principles, as well as engineering, operations, or management solutions for industrial assets in the industry.
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 expression in 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 technology and management of advanced, complex, and integrated industrial assets in all life cycle phases.
Academic requirements
A bachelor´s degree in any engineering discipline is required.
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.
- Has relevant technical and operational industrial experience related to engineering systems and processes.
All applicants must have at least 30 ECTS credits in mathematics/statistics/calculus.
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.
Application and admission
Deadlines
and other admission requirements
Contact
For inquiries regarding admission to international Master's programmes, send an email to: admissions@uis.no
Find more information here: When to apply?
More information about Industrial Asset Management
Study environment
Student life
Enjoy your time as a student in Stavanger
LIAM
Student Line Association for Industrial Asset Management
CIAM
Cluster of Industrial Asset Management
Study plan and courses
Enrolment year: 2023
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Compulsory Courses
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Condition Monitoring and Predictive Maintenance
Year 1, semester 1
Condition Monitoring and Predictive Maintenance (IAM540)
Study points: 10
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Human-Technology-Organization in Complex industrial systems
Year 1, semester 1
Human-Technology-Organization in Complex industrial systems (IAM570)
Study points: 10
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Smart Operations and Model-based Maintenance Engineering
Year 1, semester 2
Smart Operations and Model-based Maintenance Engineering (IAM510)
Study points: 10
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Industrial assets, Processes, and Performance in modern context
Year 1, semester 2
Industrial assets, Processes, and Performance in modern context (IAM560)
Study points: 10
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Reliability Analysis
Year 1, semester 2
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Modelling and Simulation of Operations and Maintenance
Year 2, semester 3
Modelling and Simulation of Operations and Maintenance (IAM640)
Study points: 10
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Master thesis Industrial Asset Management
Year 2, semester 3
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Economics and Decision Analysis for Engineers
Year 2, semester 3
Economics and Decision Analysis for Engineers (PET685)
Study points: 10
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Choose one course 1st semester
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Probability and Statistics 2
Year 1, semester 1
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Statistical Modeling and Simulation
Year 1, semester 1
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Recommended Electives 3rd semester
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Introduction to Data Science
Year 2, semester 3
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Green Transition
Year 2, semester 3
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Foundations of Risk Analysis and Risk Science
Year 2, semester 3
Foundations of Risk Analysis and Risk Science (RIS505)
Study points: 10
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Technical Safety
Year 2, semester 3
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Other Electives 3rd semester
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Life Extension of Structures
Year 2, semester 3
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Project Management
Year 2, semester 3
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Supply Chain and Lean Management
Year 2, semester 3
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Practical Training in Structural and Mechanical Engineering
Year 2, semester 3
Practical Training in Structural and Mechanical Engineering (MSK690)
Study points: 10
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Energy, Energy Technologies, and Energy System Integration
Year 2, semester 3
Energy, Energy Technologies, and Energy System Integration (PET515)
Study points: 10
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Exchange studies 3rd semester
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 program 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.
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
Schedule for the exchange
Students can go on a study abroad experience during the 3rd semester of the master programme in Industrial Asset Management.
This semester consists of 10 ECTS credits of electives, and the student must be able to find a corresponding course at the host university of they 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 advice is to think about your field of interest.
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
Student exchange
- All countries
Aachen University of Technology
Er du på utkikk etter en spennende mulighet i Tyskland er RWTH Aachen University det naturlige valget! Universitetet streber etter å bli det beste tekniske universitetet i Tyskland og er på god vei til målet. Bli med på en del av reisen – bli utvekslingsstudent i Aachen!
Lappeenranta University of Technology
Lappeenranta University of Technology (LUT) er et ungt og innovativt universitet i Finland, som er kjent for å koble forskning og utdanning innen teknologi og business og ha et strategisk fokus på bærekraftig teknologi og energi. Universitetet ligger i sør-øst Finland og har betydelig akademisk kontakt til Russland.
Tampere University
Tampere University of Technology (TUT) er Finlands nest største tekniske universitet. Universitetet er internasjonalt høyt rangert og er kjent for å kombinere forskning innen naturvitenskap og teknikk med industri og næringsliv. Campus ligger midt i de tusen sjøers land og bare 2 timer fra Helsinki.
- Australia
- Finland
Lappeenranta University of Technology
Lappeenranta University of Technology (LUT) er et ungt og innovativt universitet i Finland, som er kjent for å koble forskning og utdanning innen teknologi og business og ha et strategisk fokus på bærekraftig teknologi og energi. Universitetet ligger i sør-øst Finland og har betydelig akademisk kontakt til Russland.
Tampere University
Tampere University of Technology (TUT) er Finlands nest største tekniske universitet. Universitetet er internasjonalt høyt rangert og er kjent for å kombinere forskning innen naturvitenskap og teknikk med industri og næringsliv. Campus ligger midt i de tusen sjøers land og bare 2 timer fra Helsinki.
- France
- Germany
Aachen University of Technology
Er du på utkikk etter en spennende mulighet i Tyskland er RWTH Aachen University det naturlige valget! Universitetet streber etter å bli det beste tekniske universitetet i Tyskland og er på god vei til målet. Bli med på en del av reisen – bli utvekslingsstudent i Aachen!
- Italy
- Netherlands
- Spain
- Sweden
- United States
Contact us
Faculty Administration TN
Kontor for utdanningsadministrative tjenester
Faculty Administration TN
Kontor for utdanningsadministrative tjenester
Department of Mechanical and Structural Engineering and Materials Science
Department of Mechanical and Structural Engineering and Materials Science
The Department of Mechanical and Structural Engineering and Materials Science is a leading academic environment for education and research within offshore technology as well as land-based industry.

The department is focusing on mechanical and civil disciplines, including the petroleum and renewable energy sectors.
The students will be qualified to take over challenging careers in industry in a broad capacity, inclusive of design and robust engineering of complex systems, developing and implementing new technology, methods and principles for optimization of engineering systems, etc.
The department has about 50 faculty and staff members. The current enrolment is about 20 PhD degree students, 90 master degree students and 250 bachelor degree students.
The main areas of the department’s expertise are:
- Civil and Structural engineering
- Mechanical design, production and simulation
- Marine and Subsea technology
- Industrial Asset Management
- Energy and Gas technology
- Materials science
To support leading educational and research activities, the department has developed its lab facilities and other resources, including:
- Mechanical workshop
- Welding laboratory
- Concrete and cement laboratory
- Scanning Electron Microscope (SEM)
- Transmission Electron Microscope (TEM)
- Corrosion laboratory
- Metrology and mechanical testing laboratory
- Gas and energy laboratory
- CAD and FEM Computer laboratory
- Soil mechanics
- Surveying laboratory
- Rapid prototyping (3D printing) laboratory
The department has a very close cooperation with the industry to support its educational and research activities. The Centre for Industrial asset management (CIAM), based in the department, is an important key to establishing such cooperation.
One of the most up-and-coming is the Risavika Gas Centre, a research and development centre for environmental and gas technology, located in the Stavanger region.
In addition to the local expertise and competencies available, the Department actively collaborate with some of the leading educational and research organizations around the world.
News from the department
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