Dubai, UAE, July 24, 2016:  The University of Wollongong in Dubai (UOWD) has launched a new Master of Engineering Asset Management (MEAM) degree program, designed for engineers who wish to combine the technical aspects of asset reliability, safety and performance with financial and managerial skills.

With industries such as airlines, rail, telecommunication and energy developing at a rapid pace, the University has identified a strong demand for engineering professionals who have a thorough knowledge and understanding of asset management best practice. UOWD is currently the only university in Dubai to offer this accredited and highly specialised program.

Professor Khalid Hussain, Dean of the Faculty of Engineering Information Sciences at UOWD, said, “The emphasis of the new master’s degree is on achieving sustainable business outcomes and competitive advantage for organisation’s physical assets, thus empowering managers in the engineering sector to contribute positively to boardroom decisions”.

Reliability Engineering and Asset Management is a critical field of managerial and technical importance to the UAE and international industries, with a majority of companies around the globe relying on their engineering asset managers to have a positive influence on a company’s bottom line. It is estimated that 20% of the annual typical operation cost is spent on maintenance and managing assets including its fixed plant, mobile equipment, civil, electrical and mechanical infrastructure.

The new postgraduate degree aims to equip experienced engineers with advanced technical and managerial capabilities to create a more competitive, cost-efficient and productive organisation. 

MEAM focuses on evolving international standards and best practice and equip asset managers with the advanced skills necessary to manage property, infrastructure, facilities, physical equipment and other assets through their lifecycle – key elements which are vital for any organisation’s success. 
For enquiries regarding this program, students can contact: info@uowdubai.ac.ae, or 042 781 800.