Two-year programs offered by junior and community colleges are quicker and less expensive than four-year programs. Contrary to popular belief, the path to advancement does not always travel through a bachelor or master's degree program. Two-year associate degrees are more convenient because most offer part-time, evening, weekend, and online classes. This convenience provides advantages for those who have full-time jobs, especially adults with families.
Well, basically engineering managers supervise teams if engineers during the design and development of medical equipment, computer hardware and electrical devices. A number of programs are offered in this field i.e. associate, bachelor, masters degrees. FYI, if you just got out of field, Associate in Engineering management can get you in this field easily, take a look: http://www.excite.com/education/business/engineering-management/associate