The rapidly globalizing economy calls for professionals with skills and expertise to successfully design and implement efficient business plans in real time. An MBA in Project Management prepares a student with knowledge and understanding of how to act strategically and decisively in real-world situations. Moreover, with a lot of top global universities and colleges offering high-quality education and training programs, an MBA with an emphasis on Project Management can be worth pursuing. Here is all the information on MBA in Project Management.
Course-Level | Postgraduate |
Duration | 2 Years |
Eligibility | Bachelor’s degree with the minimum work experience |
Admission Process | Merit and Entrance-based |
Course Fee | Up to INR 10 Lakhs |
Average Salary | INR 3-20 Lakhs per annum |
Top Recruiting Organizations | BG India, NDSC, SGC India Private Limited, L&T Infotech, HCL Technologies, Capgemini, Infosys, Tech Mahindra |
Job Profiles | Computer Scientist, Database Administrator, Project Leader and many other positions |
This Blog Includes:
What is Project Management?
Project Management deals with the application of knowledge, processes, methodologies, skills and experience to accomplish project objectives within acceptable parameters. Also, the final deliverables have to be achieved in a provided timescale and budget unlike just ‘Management’ which is an ongoing process. This calls for professionals with management and technical skills along with good business awareness.
Here are a few reasons for pursuing MBA after BSc for a shining career!
Why Pursue an MBA in Project Management?
An MBA program in Project Management deals with the basics of critical project planning and developing well-structured project schedules in a business environment. Moreover, students are allowed to select projects, and review projects and fundamentals to understand the influence of the stakeholder. A career in Project Management is considered to be a top choice in today’s world. Let’s explore the benefits of pursuing an MBA program in Project Management:
- Professionals in Project Management are employed with a range of skills to work in a variety of industries like IT, consultant etc.
- The course offers an opportunity to polish Project Management skills every single day.
- There is fast growth with a specialization in Project Management.
- An MBA program in Project Management opens the door to alluring career opportunities.
- Project managers are highly in demand for the development of new technology and resources.
Subjects Covered
An MBA in Project Management covers interactive project planning concepts like financial planning, project life cycle and risk analysis. You will study cross-cultural management in order to understand the cultural issues affecting the projects and ways to deal with them. Moreover, industrial exposure and training will allow you to inspect the project planning of an organisation and make suggestions for improvements. Below is a list of basic subjects covered in the Project Management course:
Resources Considerations in Projects | Project Quality Management | Case Studies in Project Management |
Project Identification and Selection | CPM and PERT | Project Risk Management |
Organizational Structure and Issues | Value Engineering | Project Termination |
Project Planning | Project Performance Measurement and Evaluation | Purchasing and Contracting for Projects |
Basics of Project Management | Project Execution and Control | Project Management Information System |
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Basic Eligibility Requirements
Candidates need to meet a few conditions to pursue MBA in Project Management. These requirements are very similar to any other MBA course. Read the following points to understand it better:
- A BBA degree or any other equivalent degree with a minimum of 50%–60% grades from an accredited university.
- You must pass one of the entrance exams given below
- There is no upper age limit for enrollment in this course.
- For candidates in the reserved category, the passing percentage is relaxed by 5%.
Entrance Exams
A candidate can take a number of well-known entrance tests to be considered for admission to the MBA Project Management programme. For studying this course abroad, you just have to clear the GMAT exam. In India, there are a couple of tests that you can give. These are as follows:
Check out some of the best answers for why an MBA!
Admission Process
A merit list or entrance exam, followed by a personal interview, is used to determine admission to the MBA Project Management programme. The majority of colleges offer to counsel and choose students based on their bachelor’s degree marks or a merit list created by the universities. For course admissions, a few reputable universities hold entrance examinations and individual interviews.
The following is a discussion of the MBA Project Management Admission course stages:
- Choose the college or university where you want to apply, and find out which entrance exam applicants must take. Enter those selection exams.
- Enrol in those admission exams.
- Based on the results of the selection tests, colleges narrow down the pool of applicants. The college publishes a cut-off list, and applicants must make it on that list to advance to the next phase of the admissions process.
- The group discussion and personal interview rounds will come after.
Documents Required
As a part of the admission process, you must also submit a list of required documents. Some of the essential documents required to pursue an MBA abroad for Indian students are as follows:
- Visa
- Resume
- Passport
- Language Proficiency scores such as IELTS, TOEFL
- Academic transcripts
- LOR
- Statement of Purpose
- Additional documents
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Skills Acquired
The following are some of the abilities that participants in the MBA Project Management programme will learn.
Critical Thinking | Good Communication Skills | Creative, Strong, and Strategic Mindset |
Analytical Skills | Problem-Solving Skills | Strong Organizational Skills and Management Skills |
Negotiation Skills | Strong Leadership Quality | Ability to Monitor and Control Budgets |
Risk Taker | Attention to Detail | – |
Top Universities and Fees
Various universities and colleges all across the world cover master’s courses in Project Management for students to develop organisational and leadership skills to manage projects and people. There is a wide range of learning options for an MBA program like online/distance learning courses, and full-time or part-time MBA programs. Here is a list of universities and colleges offering MBA in Project Management:
Institution | Fees | INR Conversion |
University of Toronto, Canada | CAD 78,533.02 | INR 47.12 Lakh |
University of British Columbia, Canada | CAD 81,034.07 | INR 48.62 Lakh |
Technical University Munich, Germany | EURO 20,474.12 | INR 17.81 Lakh |
Teesside University, UK | GBP 16,407.95 | INR 16.13 Lakh |
University of Alberta, Canada | CAD 40,350.30 | INR 24.21 Lakh |
Coventry University, UK | GBP 31,100.03 | INR 30.58 Lakh |
Harvard University, USA | USD 91,190.40 | INR 74.51 Lakh |
University of Greenwich, UK | GBP 24,022.10 | INR 23.62 Lakh |
University of Melbourne, Australia | AUD 11,1742.32 | INR 61.79 Lakh |
University of East London, UK | GBP 24,448.80 | INR 24.04 Lakh |
Top Universities Accepting GMAT Scores
MBA in Project Management: Job Prospects
After earning an MBA in Project Management there are endless career opportunities available for students with the knowledge and expertise of essential tools and methods of project planning. Below is a list of career options available for those with an MBA in Project Management:
Database Administrator | Engineering Director | Project Analyst |
Manager of Software Engineers | Computer Scientist | General Manager |
Consultant | Project Planner | Project Quality Manager |
Senior Project Manager | Project Manager | Program Manager |
Director of Project Management Office | Project Risk Manager | Project Portfolio Manager |
Also Read: MBA Career Options
Top Recruiters
Top Recruiting Companies | |
---|---|
Accenture | IBM |
Hitachi | Telford International |
Epsilon India | BG India |
UnitedHealth Group | NDSC |
Saipem | Bechtel India Private Ltd. |
Future Scope
Graduates of MBA programmes in project management may find employment in a variety of fields, such as architecture, marketing, graphic design, and film.
Applicants might pursue a PhD in Management Studies to deepen their education in project management. Candidates may fully understand all facets of project management as well as develop their project management knowledge and abilities in this course. Graduates may get employment in reputable or government-related channels or businesses with high-wage packages after completing this degree.
FAQs
Ans. An MBA Project Management degree is a good choice if you want to go towards a career in project management. The course covers all the core topics related to business and management that is necessary for having a successful career. Moreover, many companies prefer a candidate with an MBA degree for a position as a project manager.
Ans. While both degrees are excellent for working in high-level managerial and executive job positions, MBA is obviously the better choice if you want to have a broad specialization in business-related fields, with greater career options open. But if you are sure of specializing in a specific field of business, you could go for a master’s in project management.
Ans. While an MBA may not be absolutely necessary for being a project manager, an MBA Project Management degree is certainly valuable since it covers vital topics such as project planning basics, managing multiple projects etc., which is of immense use for a project manager.
So, if you’re someone who wants to focus deeply on the details of hands-on project execution, an MBA in Project Management is the most suited career option for you. You can reach out to the experts of Leverage Edu, who can help you in choosing the best university for your field of interest.
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An MBA degree in project management will be a great asset for employees who want to be able to qualify for promotion to management-level positions within the companies they work for.. Thank you for sharing the post with us.
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Hi Urooj,
Rightly said about MBA in Project Management!
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Please am really interested in this course and i have all the requirement except GMAT /GRE and TOEFL,PTE, IELTS, Cambridge English can i please still apply.
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Hi, Cornelius.
You must meet the eligibility requirements.
You can also call us at 1800 57 2000 for expert guidance
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10 comments
An MBA degree in project management will be a great asset for employees who want to be able to qualify for promotion to management-level positions within the companies they work for.. Thank you for sharing the post with us.
Hi Urooj,
Rightly said about MBA in Project Management!
Please am really interested in this course and i have all the requirement except GMAT /GRE and TOEFL,PTE, IELTS, Cambridge English can i please still apply.
Hi, Cornelius.
You must meet the eligibility requirements.
You can also call us at 1800 57 2000 for expert guidance
Please i want to apply i have all the requirement listed except TOEFL, IELTS, PTE, GMAT/GRE can i please still apply?
Hi, Corenlius!
If you want to pursue MBA in Project Management Abroad those are the basic eligibility requirements you need to have. Some of the listed universities may not follow on this criteria, depending upon the university! Feel free to contact us at 1800 57 2000 or mail us at hello@leverageedu.com for expert help, clarity and application process!
Please am really interested in this course and i have all the requirement except GMAT /GRE and TOEFL,PTE, IELTS, Cambridge English but am from Ghana and English speaking country where I did my first degree in English. can i please still apply
Hi, Clement!
These are all the basic requirements you have mentioned for applying to universities abroad. Hope you have checked the eligibility requirements mentioned in the blog.
Call us at 1800 57 2000 for expert guidance.
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I want to pursue MBA in Project Management
Hi Francis,
We are delighted to know that you aspire to pursue MBA in Project Management. We hope that our blog must have provided you with all the relevant information. For more inquiries, you can get in touch with our Leverage Edu experts on 1800572000 and they will help you out with your admission process, the best-fit university and a lot more!