M.Tech. in Industrial Engineering and Management 

at Institute of Engineering and Technology, Indore

Industrial Engineering includes minimizing project costs, defining parameters and constraints for things like delivery time, operating man hours and shipping costs in manufacturing processes across various industries. Hence, students get to study about the cost estimation and cost control methods where they can learn how to calculate the product cost before its actual manufacturing and come up with effective strategies to minimize the cost as much as possible and maximize the profits. The subject is very important for students who wish to pursue a successful career in Industrial Engineering.

Relevant Link: Industrial Engineering Syllabus

Industrial Systems Design deals with the real-world industrial design scenarios. You can find yourself doing year-long projects analyzing, for example, systems of an ice cream truck, how the product is stored, how much of it goes to waste, how the deliveries are transported, who decides the price, order quantity, and so much more. Many universities also give actual projects from big companies so you gain real experience with real-life problems and solutions. The subject is of utmost importance for students willing to become an industrial engineer in the near future.

Reference Link: Industrial Engg. Syllabus