Many schools have MBA in Project Management programs that can be completed fully online through their distance education programs. Students can expect to learn about project management software, group dynamics, organizational communication and project planning. The programs may include courses that prepare graduates for certification from the Project Management Institute.
Prior to applying, prospective students may need to have taken fundamental business courses. They may also need to ensure that their computers are equipped with MS Office Pro and Microsoft Project or other specialty software.
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MBA in Project Management Programs
Master of Business Administration (MBA) in Project Management degree programs train students to manage complex projects from initiation to completion. Students can learn how to direct and manage all aspects of a company's projects, from operations planning and supply chain management to human output and communications.
Program Information and Requirements
Typically, master's degree programs in project management can be completed in as little as 18 months. Students may opt to complete training at their own pace, and a broadband connection and access to a computer are necessary. Additionally, programs typically require students have access to specialty software, such as MS Office Pro and Microsoft Project.
Students may be required to complete fundamentals courses in business prior to beginning their MBA in project management training. Aspiring project managers engage in management and accounting classes as well as specific core classes. Typically, the project management curriculum includes the following:
Introduction to Project Management
Students can learn the foundations of project management, with a focus on project timing, scheduling and task-assignment. Typically, students are exposed to the basics of managerial accounting and risk management as these subjects relate to project implementation and completion.
Initiation and Planning
Initiation and planning are sometimes taught in separate courses. Students gain strategies for identifying project stakeholders, project scope, resources and project cost. Additionally, students can learn effective team-building techniques.
Students train in project execution and control, with an emphasis on setbacks, supply chain management and proper quality control. Students can also gain exposure to cost and budgeting in the late stages of project development.
Career Information for Graduates
Students who receive their master's degree in project management can choose to work as project managers within specific industries, such as healthcare, construction, pharmaceuticals or biotechnology, without additional certification. However, many employers prefer candidates who have received their Project Management Professional (PMP) certification, in addition to their degree.
The salaries of project managers vary by industry, location and experience level. Salary.com reported in November 2016 that IT project managers earned a median salary of $77,538 across various industries, while general project managers earned a median salary of $69,147 at the same time.
Continuing Education Information
The Project Management Institute administers the examination and certification for project managers. There are two general certifications: Project Management Professional (PMP) and Certified Associate in Project Management (CAPM). PMP candidates must have at minimum a high school diploma and five years of experience. CAPM candidates must have a minimum of 23 hours of project management education or a high school diploma and 1,500 hours of experience. To maintain certification, recipients must complete specific, approved continuing education credits prior to renewal.
Business-savvy students who want to direct their careers toward project management may pursue an online MBA with a focus in the subject. Graduates have the business expertise and advanced organizational skills to design and implement projects within a wide range of industries.