An online master’s in construction management (MCM) is well suited for ambitious individuals working on large-scale projects, leading large diverse teams, and sharpening their leadership skills in the construction industry. Construction Management professionals plan, coordinate, budget, and supervise end-to-end construction projects in a fast-growing industry.
A master’s in construction management online is bound to take you to the next orbit of a stellar career in the growing Construction Industry. The average pay in 2019, as per the US Bureau of Labor Statistics (BLS), was $95,260, and the number of jobs in the Construction Industry grew by 8%. It makes a strong case to enroll in a construction management degree right away.
Southern New Hampshire University is a private, nonprofit, accredited institution with more than 3,000 on-campus students and over 60,000 online students, making us one of the fastest-growing universities in the country. Founded in 1932, we’ve been relentlessly reinventing higher education ever since and have gained national recognition for our dedication to helping students transform their lives and the lives of those around them.
We’re proud to provide affordable, accessible education that students can pursue on our 300-acre campus in Manchester, NH, over our innovative online platform or at our regional centers in Manchester, Nashua, Portsmouth and Salem, NH, and Brunswick, ME.
SNHU has earned the GetEducated.com Best Buy and Best of Business – Best Online Degree awards and is consistently ranked as a top Military Friendly® School by G.I Jobs®.
With all the buzz around careers in Construction Management, the plethora of colleges offering online MCM programs can be mind-numbing. To make it easy for students, we have used objective and research-backed criteria to develop a list of the best Construction Management schools offering Masters in construction management online programs. You can pick and choose from the Ranking Table below the one that suits you the best.
Higher education in the US has become increasingly expensive, and Construction Management is no exception. Hence, it is prudent for individuals aspiring for an online construction management program to consider affordability and the return on the investment. We have researched dozens of programs to help you judiciously choose the most affordable online construction management degree. Here are the most affordable online Masters in construction management programs:
Understanding Masters in Construction Management Programs
Any professional course has its moorings in the real world, and the application of technology and other aspects of economics, finance, and operations make it into a robust program. A Master’s in Construction Management covers various aspects of real estate, building systems, construction costs, materials and labor, and various financial and accounting aspects. While there are various specializations available offering deeper expertise in each of these aspects, a Construction Management degree itself can be a specialization of choice.
Online Masters in Construction Management Degree Types
If you are thinking of a career in Construction Management, there is a program available depending on what you have studied so far and what you plan to do in the future. Our research of all online Master’s in construction management shows that there are courses available covering almost all Construction Industry aspects, including Engineering, Energy, Surveying, Project Management, and all Construction viz types. Commercial, Residential and Infrastructure facilities.
MBA in Construction Management
Management skills are important in any business sector, even more in the Construction Industry with large scale projects involving hundreds of millions of dollars. MBA in Construction Management allows students to bring together technical, project management, and people skills in an influential way and put together a great viable construction business plan.
The Master’s degree demonstrates one’s authority in the professional field of construction. The graduate’s advanced knowledge should allow them to analyze concepts in their field with a more theoretical and critical perspective.
MS Construction is an advanced graduate degree that focuses on construction more thoroughly. It includes the physical construction and renovations of sites such as buildings, roadways, waterways, and power supply sites. A master’s degree in construction may also involve logistical considerations such as resource distribution, project management, and communication.
Suppose you are a Civil Engineer, a Construction Consultant, a Construction Project Manager, or a Building Foreman/Supervisor and need a leg up in your career. In that case, you should go for a Master’s in Construction Management or MCM. In a Master’s in Construction Management, you will be learning the management principles and innovative technologies to effectively lead, organize, and manage the construction projects of commercial, residential and infrastructure facilities. Construction Management, buildings, and infrastructure facilities can be constructed in a controlled, systematic manner to maximize construction efficiency and assure the highest quality.
Specializations in Masters in Construction Management Programs
A Master’s in Construction Management can take you on to different career pathways of engineering, construction, and project management. You can go about choosing your specialization depending on your interest and the career prospects of that field. Here are a few that our research says as the best:
Master’s degree in construction project management
Construction Project Management introduces you to Project Initiation and Planning, the Project Development Cycle’s fundamentals, Lean Project Delivery method, and Lean Design Behaviors. Technological advances, such as Building Information Modeling, will be introduced with real-world examples of BIM uses during the Lifecycle of the Project. The course also takes you through the importance of project planning and scheduling and an opportunity to develop a Work Breakdown Structure.
Master’s in construction design
This program aims to give students an advanced understanding of construction management by providing necessary tools, methods, and theories relevant to the discipline and the practitioners and their application across the various phases of a project. The program is designed to cover the entire construction process, such as early stages, design, construction products, and facilities management.
Master’s in construction finance
Construction Finance includes an in-depth understanding of economics and the mathematics of money, an integral component of every construction project. Other important areas include the time value of money, the definition and calculation of the types of interest rates, and the importance of Cash Flow Diagrams.
Master’s in building and construction
This specialization includes planning, construction, and management of infrastructures such as roads, tunnels, bridges, airports, railroads, facilities, buildings, dams, utilities, and other projects. It will provide students the knowledge and an extensive focus on modern construction materials, techniques, and effective construction management practices.
Curriculum and Skills Gained in Masters in Construction Management Programs
A master’s in construction management is a highly practical program. The curriculum has been designed to impart you with concepts and skills that find application in the real world for solving problems of the Construction Industry. A Master’s program enables you with mastery and authority in your industry, and therefore the focus is more so on skills such as:
Technical skills to plan and undertake construction-related activities associated with various building types and systems
Cognitive skills to evaluate and research traditional and alternative construction methodologies and processes
Skills that demonstrate the ability to synthesize complex information then plan, organize, lead and control a construction project to completion within the cost, time, and quality parameters
Skills to generate contractual and construction documentation for building construction projects to inform construction workers, managers, consultants, and/or clients of their roles and responsibilities and project performance
Risk Management Skills to mitigate risk and monitor project progress
A few subjects or electives taught to students of Master’s in construction management to facilitate these skills are summarized below for your ready reference.
Project management in construction
Describe basic project management (PM) concepts and tools
Know different PM knowledge areas, paradigms, and traditions
Identify PM issues in specific cases
Understand specific characteristics of construction projects
Financial management and accounting
Financial and management accounting in decisions concerning resource allocation and performance evaluation product costing and cost control.
Investments and investment calculations
An income statement, balance sheet, and cash flow
Financial targets and ratios
Preparation of budgets
Earned Value Analysis
Construction contract relationships
Organization of the construction industry: types of firms and roles.
The nature of contracts.
Principles of construction law, standard contracts, and their roles.
Regulation and quasi-regulation.
Transactional and relational contracting.
Procurement principles, including award criteria, risk allocation in contracts, public procurement, directives, sustainability.
Partnerships, partnering, and collaboration: types, systems, second-order contracts, trust, and communication.
Building Information Modeling
A model-based process to help you effectively plan, design, construct and manage buildings and infrastructure
Usage of most popular 3D software including Revit, AutoCAD, Civil 3D, and more
Conceptual design to file management techniques
Accreditation for Online Masters in Construction Management Programs
Accreditation is a formal, independent verification that a program or institution meets established quality standards and is competent to carry out specific conformity assessment tasks. Conformity assessment tasks can include testing, inspection, or certification. Accreditation nudges institutions to pursue excellence in their academic processes, meet their high standards, and consistently maintain them, increasing trust and confidence among the public. By boosting accountability, it helps potential students and their families place a certain level of trust in the institution’s institution and the course basis of the Accreditation received. Read more about Accreditation on our Accreditation guide.
It would have become evident by now that Accreditation is an important factor to consider when choosing the right program or an institution for a master’s degree in construction management. An accredited Construction degree online will lend worthiness and acceptance by the Construction Industry – whether Commercial, Residential, or Infrastructure – when you choose to build a career on completing the program.
We take a quick look at some of the International Accreditation Agencies for Construction Education, which have set hallmarks for imparting high standards for educational institutions in the domain. A few internationally recognized Accreditations are being referenced here for your understanding.
American Council for Construction Education: The mission of ACCE is to be a leading global advocate of quality construction education; and promote, support, and accredit quality construction education programs. It aims to promote and improve construction education and research, engage in accrediting construction education programs offered by colleges and universities. It lays down procedures consistent with its policies and those established by other accreditation agencies. At regular intervals, it publishes current information concerning criteria and procedures adopted by the corporation for accrediting. It also publishes, from time to time, a list of the colleges and universities which have or are seeking accredited programs of study in construction.
Accreditation Board for Engineering & Technology: ABET accredits college and university programs in the disciplines of applied and natural science, computing, engineering, and engineering technology at the associate, bachelor’s, and Master’s degree levels. With ABET accreditation, students, employers, and society can be confident that a program meets the quality standards that produce graduates prepared to enter a global workforce. Developed by technical professionals from ABET’s member societies, the criteria focus on what students experience and learn. ABET’s voluntary peer-review process is highly respected because it adds critical value to academic programs in the technical disciplines, where quality, precision, and safety are of the utmost importance.
As a student, you need to know that while ABET reviews Construction Engineering and Technology programs, ACCE reviews Construction Management Programs.
Timeline for graduation from Masters in Construction Management Programs
Time taken to complete your Construction Management degree would be an important factor in your plan before taking up the course. Generally speaking, earning your online Master’s degree will take you approximately 15-24 months to complete. If you choose to, many schools will allow three to four years to complete your Master’s program, including your thesis project.
It will normally take two years to graduate from an online master’s in construction management. However, a few factors like the choice of subjects and accompanying credits, if you are going for an internship, whether you are going full-time or part-time, determine your time to completion.
Online Masters in Construction Management Programs Admission Requirements
A master’s in construction management online program comes with its requirements for admission and eligibility criteria that you have to meet to get to the best of the Colleges offering your choice programs. The demand for such courses has surged over time, and naturally, some are competitive to get into. Here we present the broad-range criteria that colleges apply for students’ admission into their online Master’s in construction management programs.
Bachelor’s in Civil or Construction Engineering, Architecture, or other related fields
Academic Transcripts, GPA scores, and CV
A good score by your side can always help you to get into the best of college programs. For preparing well for the qualifying exams, you can refer to the detailed information provided by our GRE guide and GMAT guide.
Online Masters in Construction Management No GRE Programs
While most Universities and Colleges ask for some GRE or GMAT programs, a few don’t lay so much emphasis on them as the gating criteria. These institutions do not impose the criteria of GRE or GMAT scores as they understand that these courses are designed for working students who would rather gain hands-on experience on the job than have to spend time studying for the GRE or GMAT.
You can go through the top online Master’s in construction management. No GRE programs that we have mentioned below for you:
Fastest Online Construction Management Masters Degrees
Compared to an undergraduate program, a Master’s program is an advanced one in its approach and design. Most of the students vying for a Master’s degree are raring to go for a job after completing the degree. A Master’s program is more focused and offers highly specialized education to make the student’s industry-ready. This keenness to get started with a great job brings in another aspect of return on investment of money and time. While we take you through the fee aspect in another section, we would like to emphasize the importance of time or duration of the program that some students like to consider while choosing the right Online Master’s degree in Construction Management.
Some universities offer accelerated programs to enable students to compress their learning in a very short time and earn their degree by completing an industry project. These programs can be a bit more academically rigorous and challenging, and at the same time, are accredited by the recognized agencies. A few of these programs take about 16-18 months. In contrast, a few others offer highly accelerated online construction management degrees, enabling students to complete the degree in as quickly as nine months.
We have curated below a list of Universities offering some of the fastest online construction management degrees accredited.
How to Pay for Online Master’s in Construction Management Programs
Student loan debt has been hitting the news headlines for all the wrong reasons for several years now. The student loan debt statistics for 2020 show how serious the student loan debt crisis has become for borrowers across all demographics and age groups. There are 45 million borrowers who collectively owe nearly $1.6 trillion in student loan debt in the US. Student loan debt is now the second-highest consumer debt category – behind only mortgage debt – and higher than both credit cards and auto loans. As per data of the Institute for College Access and Success, the average student loan debt for members of the Class of 2018 is $29,200, a 2% increase from the prior year. Hence, the Master’s in Construction Management degree online cost becomes a really important consideration for the student.
The online Master’s degrees offer an affordable way to learn the same academically rigorous curriculum and earn similarly accredited degrees.
There are different ways that a student can pay for the online Masters in construction management.
which are need or merit-based and do not have to be paid back
which are need-based and do not have to be paid back
which have to be paid back with interest; federal loans are preferred over private
Employer reimbursed tuition is another way of paying for your online Master’s degree. Suppose you are working somewhere and have negotiated a sabbatical that your employer will pay for or a prospective employer who will absorb you in their organization and pick up the fee tab. In that case, this option works for you.
You can go for FAFSA or The Free Application for Federal Student Aid, a form that determines your financial aid from the government and most colleges. The form collects personal and financial information from students and parents and applies a formula to determine your Expected Family Contribution or EFC.
Scholarships for Masters in Construction Management Students
While there are quite different ways to pay for the Master’s in construction management as outlined in the previous section, aspiring students can also seek financial support from certain scholarships to fund their tuition fees. Scholarships for Master’s in construction management programs offer fully funded or partial support, and you can find a list of Construction Management scholarships for students in this section.
Siebel Scholars: Siebel Scholars Program provides USD 35,000, one of the highest scholarships for pursuing Construction Management. The number of scholarships available is 90, and the deadline for application varies.
IFMA Scholarships: IFMA scholarships range up to USD 10,000 and are awarded to graduate students enrolled in facility management or facility management-related programs (FM related programs include, but are not limited to, construction management, architecture, interior design, and some engineering disciplines). Working students are also accepted for this award. Students applying for the IFMA Scholarships must have a minimum 3.2 GPA. The deadline is May 15, 2021, for the upcoming academic year.
SOPREMA: SOPREMA established its scholarship program to commit to the continued success and growth of our industry by investing in the next generation dedicated to the building envelope. The SOPREMA Scholarship helps graduate students pursue construction management at an accredited college or university for the upcoming academic year. The scholarship award is up to USD 5000, and the deadline is March 27, 2021.
Construction Management Association of America: The Mid-Atlantic Chapter of the Construction Management Association of America (MACCMAA) awards a limited number of scholarships to qualified students to help them defray the costs of pursuing a degree in construction management. Applicants must be enrolled in a construction management degree program or another CM-related degree program and show a strong interest in a career in CM. Students must reside or attend a college/university in Pennsylvania, New Jersey, or Delaware.
FAQs about Construction Management Masters Programs
Despite all the information you have, it’s never too easy to make up your mind when taking a crucial decision like the one with a master’s degree in construction management. Be rest assured; you are not alone. If there are a few doubts and questions which you still might have, like others, we clarify those here:
Q:Is a Construction Management degree worth it?
A: Construction Management offers varied and promising career pathways to large-scale projects, lead big, diverse teams, and sharpen your project management skills. Construction Management professionals plan, coordinate, budget, and supervise end-to-end construction projects in a fast-growing industry.
Q:Should I get a master’s in construction management?
A: A Master’s program in Construction Management has its bearings in the real world. The application of technology and other aspects of economics, finance, and operations make it a robust program. A Master’s in Construction Management covers various aspects of real estate, building systems, construction costs, materials and labor, and various financial and accounting aspects. Simultaneously, there are various specializations available, offering deeper expertise in each of these aspects.
Q:What schools offer construction engineering?
Western Carolina University, Eastern Kentucky University, University of Illinois, Iowa State University, and North Dakota State University are some of the colleges which offer an online Master’s in Construction Management
Q: Are online courses in Construction Management accredited?
Yes, Accreditation is an important criterion in selecting the right Master’s program in Construction Management. You should consider only the ones that have been accredited by reputed international accreditation agencies. You can read more about ithere.
Careers and Salary Outlook for Construction Management Masters Graduates
Online programs in Master’s Construction Management programs are bound to take you to the next orbit of a stellar career in the fast-growing Construction Industry. The average pay in 2019, as per the US Bureau of Labor Statistics (BLS), was $95,260, and the number of jobs in the Construction Industry grew by 8%. The online Master’s in construction management salary tilts the scales in its favor, and needless to say, it makes a strong case to enroll for an MCM program right away.
Certifications and Licensing for Construction Management Masters Graduates
Technically, you don’t need any certifications. However, it’s still a good idea to have an educational background in construction management. Just like field experience is a “nice to have” and not mandatory for construction managers, a construction certification is helpful but not 100% necessary for all job seekers. An online graduate Certificate in Construction Management or an Advanced Certificate in Construction Productivity is a few among many that can give you an edge over others for a flourishing career in Construction Management.
For one, the Construction Management Association of America offers a Certified Construction Manager designation to those who meet minimum work experience requirements (which range based on pre-existing education) and pass a formal exam. The exam costs $425 for non-CMAA members and $325 for members. Should construction managers need to retake the exam, CMAA knocks the price down to $125.
If you’re looking for certifications that would look great on any contractor’s resume, start with Occupational Safety & Health Administration (OSHA) training. As the name implies, OSHA focuses on preparing contractors for safety management in the field. Its 10-hour courses are meant for entry-level workers, whereas its 30-hour courses were created for construction managers — particularly those who work directly with safety. OSHA training costs vary.
Additional Resources for Construction Management Professionals
It’s often said that your network is your net worth. An online master’s course in Construction Management is not just for building a strong academic foundation in Construction fundamentals but also a great point to start networking with professionals for your career ahead. There are various professional organizations and groups that you can be associated with as a Member and stand to gain a lot in networking and career opportunities that come along with them. There are more than five great professional organizations for construction management professionals, but finding just a few is a great place to start.
As per Forbes, Construction Management has been named one of America’s best jobs, but these professionals need a support group just like any other professional. Through membership with an association that caters to their field, these individuals can find learning and networking opportunities to help them grow in their careers. We list down the five most important below:
Associated Builder and Contractors: American Builders and Contractors is a nationwide association representing over 25,000 construction firms across the United States. Through its 79 chapters, the membership body represented every aspect of the construction field. It was created based on the merit shop philosophy, which requires its members to develop professionals and work to an ethical standard. Through ABC’s involvement in governmental regulations, legal advocacy, continuing education, and championing employee benefits, this shop-only association provides the construction workforce with a solid foundation on which their practices are based.
Construction Management Association of America: CMAA was founded in 1982 and has grown to create training and educational opportunities for its 16,000-member body. Individuals, corporations, and construction firm owners from both the private and public sectors make up this association, which has nearly 30 regional chapters all over the company. Because of its dedication to construction management, it is considered a professional organization that sets the industry’s standard for management practices. Through certifications, conferences, and workshops, members can learn about the new advancements in management procedures and build a better and safer industry for all construction professionals.
American Institute of Constructors: The American Institute of Constructors, known as AIC, is a professional organization aimed at providing training and networking opportunities for all the subfields located within the construction industry in America. The institute is dedicated to providing a standard for both individuals and construction firms, and membership is considered a mark of professionalism. It enables professionals to receive certification, attend workshops and conferences, and network with like-minded people within the industry, to create a standard of ethical practice that all members aspire to reach.
Associated General Contractors of America: The AGC is a general contractor’s association that boasts members from nearly every subfield in the industry. From building to a utility to federal construction, members work worldwide and are bolstered by a strong association that advocates on their behalf. The association offers training and networking opportunities either; it currently supports a political action committee that strives for better standards, both in construction and for their members. From contracts and law to labor and public relations, this association takes every opportunity to provide a higher standard for its members.
Design-Build Institute of America: One of the most interesting professional organizations for construction management professionals is DBIA. This institute works on the design-build model, pairing construction managers with designers with a single responsibility point. This is becoming more popular in the commercial sector and offers both types of professionals the chance to network with each other and build lasting relationships. The institute provides certification to this effect as well as conferences and continuing education opportunities.
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