MBA Project Management

MBA Project Management is another multi-dimensional program that covers general management studies as well as prepares candidates for project-related responsibilities in various organizations and industries. The course integrates business and technical study to prepare candidates for the challenging job profiles in this field. Graduates from any stream or even those holding a master’s degree can study MBA Project Management.

The MBA Project Management course is available in online, part-time, full-time, and distance modes, so it is easy for candidates to study the MBA Project Management course at their convenience. On average, the annual course fee may range from INR 3 lakhs to 12 lakhs.

Admission to the course is mostly dependent on scores obtained in entrance examinations such as CAT, MAT, XAT, SNAP, NMAT, ATMA, etc. Students who have a keen interest in MBA Project Management can apply to universities such as Pune Institute of Business Management, Parul University, NIMS Institute of Management and Commerce, Sikkim Manipal Institute of Technology, and Institute of Business Management and Research.

The common job roles that students get after MBA Project Management include Project Manager, Project Cost Estimator, Project Risk Manager, Project Planner, Project Leader and etc. These roles often pay an average salary between INR 5 lakhs and INR 8 lakhs a year. Read below to find more information about the MBA Project Management course.

Students interested in pursuing MBA Project Management can check the course highlights below to get a better understanding of it.

Project Managers contribute to turning plans into tangible results for companies. MBA Project Management provides graduates with the skills and experience needed for advanced managerial roles and functions. The top reasons to choose MBA Project Management are:

• There is high demand for graduates with MBA Project Management. One can expect aggrandizement in one’s career upon completion of the course. There are millions of job opportunities in both private and public sectors. 
• An MBA degree in Project Management focuses more on the technical aspects of the field. They are able to learn how their duties fit in the overall organization, including culture and strategic planning. It helps to add new and fresh perspectives with a readiness to explore various areas of project management. Also, students will get access to practical tools to manage projects.
• The future of business lies in the hands of project management. It helps to innovate and improve industries. Candidates are also made aware and prepared for rewarding and challenging roles in leadership through this degree.
• Further, students get chances to network with experts, paving the way for a great scope to build good professional relationships. Therefore, students must express interest, introduce themselves and build contacts.

One can select the type and mode of MBA Project Management according to their requirements. There are provisionals for both full-time students and working professionals. As the programme is rooted to create visionary individuals, colleges have started providing various modes to pursue the course. Let us look at the different types of MBA Project Management below:

MBA Project Management: Full-Time Course 

It is a full-time two-year programme involving classroom teaching and learning and is designed typically for students who can dedicate time to the course. Additionally, candidates will be able to acquire skills and competencies in business leadership development. Complex theories and practices are unpacked in the classroom for learners to grasp better and ensure the success of graduates in a business environment. 

MBA Project Management: Part-Time Course

A part-time MBA Project Management course requires students to dedicate at least two to three years of study. They can pursue their jobs, if any while studying the course. The course makes you suitable to work for small start-ups to big companies as project management skills are critical for both budget and time. 

MBA Project Management: Online Course

Working professionals can benefit immensely from online MBA Project Management courses, an option that many universities are providing to candidates. They can work and study at the same time thereby allowing them to complete the course without a break in their career. This way, the course becomes quite easier to pursue as compared to a traditional MBA.

Executive MBA Project Management

An executive MBA should be applied for by professionals who are looking for a transition in their career and advancement in their career trajectory. The course may take anywhere between 24 and 27 months. A minimum of two years of work experience along with graduation is mandatory for this type of MBA Project Management. 

MBA Project Management educates students in the planning and leadership of projects and helps them to master the art of strategizing and making decisions in an ever-changing business world. The syllabus of MBA Project Management is different from other specializations and students must have a thorough understanding before choosing this specialization. The syllabus may vary from one university to another, however, the common subjects taught in the first and second years are given below for easy reference:

MBA Project Management Semester 1 Syllabus

MBA Project Management Semester 2 Syllabus

MBA Project Management Semester 3 Syllabus

MBA Project Management Semester 4 Syllabus

Other Elective Subjects in MBA Project Management

The eligibility criteria for the MBA Project management course offered by different colleges vary. However, there are certain basic requirements that candidates need to fulfill to take admission into any college of their choice. The eligibility criteria for the MBA Project Management course are as follows:

These are the basic eligibility criteria students need to satisfy to get admission into the MBA Project Management course. Make sure you check the eligibility conditions defined by the colleges you are applying for; otherwise, your application might get rejected.

For MBA Project Management, students have to appear for entrance examinations. The scores acquired in any of these exams will help them acquire a seat in the business schools in India. The top entrance exams are:

• MAT (Management Aptitude Test)
• CAT (Common Admission Test)
• XAT (Xavier Aptitude Test)
• SNAP (Symbiosis National Aptitude Test)
• NMAT (NMIMS Management Aptitude Test)
• ATMA (AIMS Test for Management Admissions)
• CMAT (Common Management Admission Test)

India, being on the path of development, offers various lucrative jobs in the field of project management. With constant infrastructural, agricultural, industrial, and various other government projects being executed, there are ample job opportunities after pursuing MBA in Project Management. The areas of recruitment include construction, financial services, energy, engineering, healthcare, law, marketing, information technology, software development and etc. 

Candidates who have pursued this course can take up jobs in different private and public organizations and seek the following profiles:

• Project Manager
• Site Maintenance Manager
• Project Executive Supervisor
• Program Manager
• Project Risk Manager
• Project Procurement Manager
• Project Cost Estimators
• Project Quality Managers

Project executives can bag packages of INR 3 lakh to INR 8 lakh per year right after completing their MBA in Project Management. However, job opportunities also vary on the internships pursued by the students as well as the institute from which the course has been pursued. Experienced candidates who are hired for profiles like Project Manager and Project Quality Managers can get salaries up to INR 20 lakh (varies from organization to organization).