Abstract
The current engineering education aims to educate a person to a desired level, no matter what latent capabilities he or she may have. This may be good for the age of mass production with increasing number of working age population, but with the increasing diversification and with the quickly decreasing working age population, a new form of engineering education is required. This education called Engineering Administration, just as in Business Administration is focused on bringing out the latent capabilities of each individual and to achieve a goal with the currently available resources (time, money, human, etc.). Such engineering education which corresponds to Theodore Roosevelt's "Do what you can, with what you have, where you are" will make out engineering more tailored to our needs.