It seems like upper management is when engineers really make the big bucks, is it not? I'm a comp engineer, debating on getting masters in engineering management or an mba. Just wondering if it will be worth it in the long run.
I work for a very very very large engineering company. A degree in management of any sort will most likely not help you become a manager. They will not look at your resume and say "hey, he has a degree in management, he'd make a great manager." At best what you learn in the class you'll be able to apply to your daily work and be a better employee, which will make you more likely to be picked as a manger.
Every possible manager I can think of, right up to the president and CEO either does not have any management degree, or got the degree after he/she had been manager for a while.
You don't become a manager by taking some stupid classes, you become a manager by being good at what you do.