Assessing risks and life cycles

In everyday as well as strategic decision-making processes in companies, particularly in risk and life cycle management, it is crucial to consider all influencing aspects. For this purpose, all parameters of facilities and products − economic, legal, safety-relevant as well as technical risks – are holistically gathered and assessed from various angles over the entire life cycle. Specific perspectives of companies or corporate divisions have to be considered accordingly.

Whether from the viewpoint of planning, construction or operation of plants and facilities, from the perspective of product development and distribution or as decision-makers responsible for the implementation of a project, the "Product and Asset Management" master's degree course imparts far-reaching competencies, methods and tools for specialists and executives in the service sector or in trading markets. Fundamentals of mathematics and business administration as well as the legal framework are part of the repertoire, and so is the practical deepening by means of case studies in different segments. In this context, the significance of information technology as well as of simulation and modelling are emphasized additionally.

Career prospects

Occupational prospects present themselves in asset-intensive industries such as energy supply, chemical industry and railway undertakings or in the production of technical products, for example in the automotive industry or medical-technical product development.