Cost engineering is a well-established area of research, training and development at Cranfield University. It is recognised that improving cost engineering capabilities within industry contributes to the development of affordable products and technologies. There is growing demand at local, national and international levels to impart cost and affordability engineering knowledge to support organisations that seek high quality cost engineers. This course is suitable for engineers, buyers and people with a commercial background eager to further their skills and knowledge in cost engineering; or graduates currently working in industry keen to extend their qualifications; or individuals with other qualifications who possess considerable relevant experience.
Why did you choose your postgraduate course? As a cost engineer within the automotive industry I wanted to enhance and improve my knowledge and skills in order to manage in this highly aggressive market and at the same time achieve an official certification as a cost engineer.
Did postgraduate study meet your expectations? Yes it did. Cranfield University’s course is well engaged with the real industry which helped me develop further my cost management techniques and also get the opportunity to share my practices with other cost engineers from different companies and industries.
What skills did you acquire from postgraduate study? Through this study I definitely improved my skills in the management of data which is of utmost importance for effective cost engineering. I have also increased my knowledge on the available tools and techniques in cost estimating.
What was you individual project about? The allocation of manufacturing overheads in product costing within the company I work for - Methode Electronics Malta Ltd - a global manufacturer and supplier of electronic and electromechanical devices to the automotive original equipment manufacturers.
Has your course or job led to any particularly interesting activities? Yes, apart from having a more leading role within the Finance department in determining overhead cost allocation I am now also responsible for the Data Management section which is a very dynamic and interesting activity.
Would you recommend your course and why? Yes, to both students and individuals already working in industry as the course structure offered at Cranfield University is very well aligned to today’s industry needs and will definitely enhance one’s capabilities.
Do you have any advice for students considering postgraduate study? My advice to all students considering such study is to go for it as they will definitely find it useful in today’s highly competitive working environment
What are you doing now? I am a Program Quoting Manager and my responsibilities include setting up the company’s standard costing rates, preparing all product costings and quotations to be submitted to the major automotive OEM’s (Ford, GM, Jaguar, LandRover, Audi, VW, BMW, Fiat, Renault, PSA) and evaluation of suppliers’ quotations and direct involvement in supplier selection decisions.
What do you enjoy about your job? As a cost engineer I enjoy the interaction that is required with all the company departments in order to achieve my targets which at the same time is a continuous learning curve.
Describe your experience of postgraduate study at Cranfield The Masters was very interesting for the wide range of backgrounds and nationalities of the fellow students. We learnt a lot from each other as much in the studies as in personal development and cultural perspective. It was a very enjoyable experience. The modules were very diverse, with introductions to many different subjects, with first individual assessments and group projects at the end of the year. These are quite interesting and instructive to learn working in a team, which will be the case for most of us in the future. The final Master’s thesis, of 3-4 months, is finally the last step of the postgraduate study, and to me the most important in the experience since it is what might define our personal profile when looking for a job.
What skills are you acquiring from the study? I acquired a scientific approach of the subjects and of the research that I did not gain in my engineer formation. The library resources and the software furnished by the university are very useful and complete to be able to do serious works.
Also, because I found and created my Master’s thesis subject along with my supervisor, I learnt the process of searching a home institution, looking at their current projects and what would be of interest to them, contacting them and writing a brief research proposal; I think this skill is very important in our future life and I am really glad to have learnt that from my supervisor.
Would you recommend the course? Why? I would recommend this course as it enlarges skills and knowledge about a wide range of different subjects introduced along the year. It is a good opening course to achieve its studies and get experience in subjects most likely to be confronted to in our professional life (project management, environment economics, team work...). The individual thesis project at the end of the course allows a specialisation by personalising studies and improving skills in a particular topic chosen.
Do you have any advice for students considering postgraduate study? I would recommend the students to do postgraduate studies to improve their skills, but also to make contacts and build a network (other students, teachers and industries during the Master’s thesis and other conferences) for future work research. I would say that postgraduate studies tend more to project the people in professional life and are more oriented toward our future work research.
Describe your experience of postgraduate study at Cranfield I can definitely say that I met experienced and competent academics during my life at Cranfield. The study environment and library resources were excellent. I have also made fantastic friends from various countries that I believe I can rely on and perhaps can work with in the future as needed.
What skills are you acquiring from the study? Professionalism, competency and working in the field without hesitation.
Were there any parts of the course that you found particularly enjoyable/useful? The group project was excellent . It was undertaken professionally as a consultancy provided to a well established company. Therefore, it was really useful and I consider it provided me sort of international experience.
What was your individual project about? Evaluation of best available technologies and best practical environmental options for waste management in the Maldives. The project was sponsored by the Government of the Maldives
Would you recommend the course? Why? Yes, because the course provides all the necessary knowledge that a person will need for his/her further carrier development
Do you have any advice for students considering postgraduate study? For anyone who is considering postgraduate study definitely without any further question it’s Cranfield University. This is because of several aspects, including its excellent reputation, great study environment and its experienced academics.
What are your plans for the future? Back to work (EPA Maldives) with confidence, which I have been even before I started the course at Cranfield, as well as exploring to start up a consultancy business.
What do you most like about Cranfield? Liked all about Cranfield, especially the invaluable assistance provided by the staff since my first day at Cranfield.
Candidates must possess, or be expected to achieve, a First or Second class UK Honours degree in a relevant science, engineering or related discipline, or the international equivalent of these UK qualifications. Other relevant qualifications, together with significant experience, may be considered.
Recipient: Cranfield University
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