MBA Project
Management Online

Source – Integrated Post Secondary Education Data System & University Data
*Tuition rates are for in-state and per year. Program specific rates may apply.
**NA – data not available

An MBA in Project Management program encompasses a diverse curriculum, integrating core business principles with specialized project management courses. Students acquire strategic planning, risk management, and leadership skills, engaging in real-world projects and internships. The program emphasizes global perspectives, ethical considerations, and the application of technology in modern project management, preparing graduates for leadership roles in dynamic and evolving project environments.

Curriculum for an Online MBA in Project Management Program

An MBA in project management combines general business principles with courses focused on different project management skills, theories, and topics. While specific course names and materials vary by school, many colleges and universities require similar courses.

• Leadership: A lower-level course that covers broad business topics, leadership focuses on applying leadership techniques as a manager within a business. Students learn leadership skills, including communication and managerial styles, to best lead within an organization. This course prepares students for their future careers as workplace leaders. 
• Project Tools and Techniques: A course specific to project management, project tools, and techniques introduces the different ways to plan and implement projects to meet overall goals. Students learn about different tools and techniques and then learn how to apply tools and techniques at different project stages. This course serves as a foundation for future project management courses.
• Project Management: An overview of the entire field, project management, looks at different processes, concepts, and practices. This course covers the life cycle of a project, including planning, executing, and closing.
• Operations Management: Usually required or offered as an elective course, operations management lets students explore the production and delivery of items. Great for those interested in careers in supply chain management, operations management teaches students to design, operate, and improve supply chains through supply chain management software, decision trees, and lean management principles. 
• Quantitative Analysis for Decision Making: A math-heavy course required later in the MBA, quantitative analysis and decision-making combines statistics and mathematics to determine the probability of various outcomes. Students learn to use quantitative analysis to make better project management decisions and then explain their reasoning to others. 

Skills Gained in an Online MBA in Project Management Program

Aside from earning a graduate degree, students enroll in an online MBA in project management programs to learn sought-after skills. These skills are acquired through instruction, coursework, and sometimes internships. Here are some:

• Strategic Planning: Developing long-term project strategies aligned with organizational goals.
• Leadership: Guiding and motivating teams to achieve project objectives.
• Risk Management: Identifying, assessing, and mitigating potential project risks.
• Agile Methodologies: Implementing flexible and adaptive project management approaches.
• Communication: Effectively conveying project information to stakeholders.
• Financial Acumen: Budgeting, cost estimation, and financial analysis for project planning.
• Stakeholder Engagement: Building and managing relationships with project stakeholders.
• Decision-Making: Making informed and timely decisions to drive project success.
• Quality Management: Ensuring project deliverables meet quality standards.
• Problem Solving: Addressing challenges and finding solutions throughout the project lifecycle.

MPM vs. MBA in Project Management: Understanding the Differences

An interest in project management does not automatically make a master’s in project management the best choice. Depending on individual goals, an MBA in project management could be a more suitable graduate-level option than a master’s in project management for certain students. Below are some factors for each option and how they align with different student goals.

Common Specializations for an MBA Project Management Online

MBA in Project Management programs may offer diverse specializations tailored to students’ career goals. These specializations deepen expertise in specific areas such as risk management, IT project management, or sustainable project management. Customizing their MBA allows students to align their education with industry demands, enhancing their skills for specialized roles within the project management domain. Here are a few specializations project management students can consider:

Graduation Timeline

The graduation timeline for an MBA in Project Management typically spans 1.5 to 2 years, depending on the program structure and whether students are enrolled full-time or part-time. The total required credits often fall between 36 and 42, incorporating coursework in project management methodologies, leadership, and strategic decision-making. Students may also engage in a capstone project or internship, culminating in a well-rounded skill set for project management roles.

Accelerated MBA in Project Management Online Programs

Accelerated programs offer a quicker path to degree completion, allowing students to fast-track their education. By condensing traditional coursework into a shorter timeframe, these programs save time and often reduce overall tuition costs. Students benefit from an intensive and focused learning experience, enabling quicker entry into the workforce and a more efficient pursuit of career goals. MBA in project management students should diligently research accelerated programs to ensure alignment with their academic and career objectives, taking advantage of the quicker path to degree completion. Here are examples of some accelerated MBA in Project Management programs:

• Southern Illinois University, Edwardsville¹
• Louisiana State University²

Graduate programs, including an online MBA in project management, aim to ensure candidates meet essential qualifications to thrive in the program. Admissions requirements are in place to assess applicants’ readiness and suitability, ensuring a conducive environment for academic success in the chosen degree. Some typical online MBA in project management requirements include:

• Relevant Bachelor’s Degree: An earned undergraduate degree from an accredited institution.
• Work Experience: Typically 1-2 years of relevant professional experience for an online MBA in Project Management.
• Online Application: Submission of an online application form.
• Letters of Recommendation: Typically, two or more letters of recommendation from employers or professors.
• GRE/GMAT Scores: Some programs may require GRE or GMAT scores; check specific requirements.
• Statement of Purpose: A written statement outlining career goals and reasons for pursuing an online MBA in Project Management.
• Résumé: A detailed resume highlighting professional and academic achievements.
• Academic Transcripts: Submission of official academic transcripts from all prior institutions attended.
• Interview: Some programs may require an admissions interview.
• Application Fee: Payment of the application fee as required by the specific institution.

The GMAT (Graduate Management Admission Test) is a standardized exam often required for MBA admissions. Some colleges may waive the GMAT requirement based on factors like extensive professional experience, advanced degrees, or specific academic achievements. Waivers acknowledge the candidate’s qualifications, providing flexibility for individuals with substantial expertise or notable accomplishments. Here are a few universities that offer MBA Project Management Online No GMAT Programs:

• South New Hampshire University³
• University of North Alabama ⁴

Accreditation ensures the quality and credibility of educational programs. For MBA in Project Management students, researching accredited programs is crucial. Accreditation validates that a program meets industry standards, enhancing the degree’s value. Prospective students should prioritize accredited institutions, ensuring a reputable education aligned with recognized benchmarks, thus maximizing career opportunities and professional credibility. There are three main accrediting bodies for MBA programs in the United States:

1. AACSB International (Association to Advance Collegiate Schools of Business)⁵
2. ACBSP (Accreditation Council for Business Schools and Programs)⁶
3. IACBE (International Accreditation Council for Business Education)⁷

Here are the regional accrediting agencies in the United States:

• New England Commission of Higher Education (NECHE)
• Middle States Commission on Higher Education (MSCHE)
• Higher Learning Commission (HLC)
• Southern Association of Colleges and Schools Commission on Colleges (SACSCOC)
• Northwest Commission on Colleges and Universities (NWCCU)
• Western Association of Schools and Colleges (WASC) Senior College and University Commission (WSCUC)

Free online courses offer accessible learning resources without cost, covering a wide range of subjects. While these courses provide valuable knowledge and skills, it’s crucial to note that they are not accredited. MBA in Project management students can benefit from the content for personal enrichment or skill development, but these courses may not contribute to formal academic credentials due to the lack of accreditation. Here are some examples of free online project management courses that students can explore:

Some courses mentioned on these sites may be free, while others may demand a small fee. As policies and offers keep changing periodically, students are advised to check for the latest ones that suit their needs.

Opting for online study allows MBA in project management students to access potentially lower tuition rates than their on-campus counterparts. Despite these savings, students must still address the remaining costs. Fortunately, various avenues, including scholarships and financial aid, offer valuable assistance in covering the expenses of pursuing an MBA degree. Students interested in pursuing an online MBA in Project Management may be able to receive funding from the following sources:

Scholarships

Scholarships are financial aid awarded based on academic, extracurricular, or demographic criteria. They alleviate the financial burden of education, making it more accessible. Scholarships recognize and reward students for their achievements, fostering academic excellence and supporting diverse educational pursuits.

Grants 

Students can be given grants by organizations like educational institutions, non-profit institutions, and state and federal governments. Unlike scholarships, they can be awarded based on needs and not necessarily on merit.

Graduate Assistantships

Graduate assistantships offer financial support for graduate students, often in the form of stipends or tuition waivers, in exchange for research, teaching, or administrative duties. These positions not only ease the financial burden but also provide valuable professional experience and mentorship, enhancing the overall graduate education experience.

FAFSA

The Free Application for Federal Student Aid (FAFSA) is an application form that can determine if a student is eligible for federal financial aid and can receive funding from the government and institutions.

Read the Financial Aid Guide for more information on funding higher education.

Scholarships for Online MBA in Project Management Students

Scholarships significantly alleviate financial burdens for prospective MBA in Project Management students, fostering accessibility to quality education. To secure funding, students must actively research and apply for scholarships tailored to their program. These opportunities not only support academic pursuits but also empower individuals to pursue advanced degrees, realizing their educational and career goals without financial constraints. Some potential scholarships include:

Matthew H. Parry Memorial Scholarship¹¹

In October 2009, the PMI Board of Directors contributed $50,000 to PMIEF, establishing the Matthew H. Parry Memorial Scholarship. This scholarship, named in recognition of Mr. Parry’s substantial contributions to PMI and project management, is available to graduate or undergraduate students pursuing a degree. Applicants should exhibit an interest in project management as a prospective career.
Award/Amount:$2,000
Deadline: Varies

Gaylord E. (Gary) Christle Scholarship¹²

The Gaylord E. (Gary) Christle Scholarship, established in honor of his impactful contributions to project management, is open to students pursuing bachelor’s, master’s, or doctoral degrees in project management or related fields. Named after the founder of the Performance Management Association, it recognizes and supports academic excellence in this discipline.
Award/Amount: Varies
Deadline: Varies

Project managers work in various industries, and job titles can vary. Most project managers work for a large business or corporation, managing multiple client projects simultaneously. Some potential sectors include construction, healthcare, marketing, hospitality, and entertainment. Note that no amount of education guarantees any specific position, salary, or career. While job titles and responsibilities vary, many online MBA in project management graduates end up in positions like these:

Certifications complement an MBA in Project Management by confirming specialized expertise, improving employability, and showcasing advanced skills. While not mandatory for an MBA, certifications offer a competitive advantage in the U.S. job market, providing students with a practical edge and increased credibility in the field of project management.

MBA in Project Management Students can pursue certifications such as:

• Project Management Professional (PMP)¹⁷
  The PMP certification in the USA is a widely acknowledged credential showcasing a professional’s project management expertise on a global scale. Issued by the Project Management Institute (PMI), it signifies advanced proficiency in initiating, planning, executing, monitoring, and closing projects. Attaining PMP certification validates skills and boosts career prospects by demonstrating a high level of proficiency in the field.
• PRINCE2.com¹⁸
  PRINCE2, a widely accepted method for global project management, adapts to various projects. PRINCE2 Agile merges agile’s adaptability with PRINCE2’s structure, offering practical guidance to seamlessly combine both methodologies, minimize conflict, and enhance effectiveness. These recognized qualifications provide essential project management skills, improve adaptability, and boost employability across diverse industries and project scales.

Students interested in project management benefit from joining professional organizations. These professional organizations offer networking opportunities, workshops, industry resources, and job boards, making them excellent resources for online MBA in project management students and new professionals. Here are a few to explore:

• American Business Women’s Association
  Founded in the aftermath of WWII, the American Business Women’s Association works to connect women in business to foster personal growth, continued education, and professional recognition. 
• American Management Association
  Great for new management professionals, the American Management Association teaches professionals new skills to navigate the evolving management field. Member benefits include a free seminar, industry research, and various discounts. 
• Business Professionals of America
  Business Professionals of America has over 45,000 members, many of whom are current students pursuing a business degree. Members can learn new skills and connect with other MBA project management students. 
• International Project Management Association
  With locations in every major area around the globe, IPMA consists of over 70 smaller organizations. Students can use this resource to learn more about scholarships, locations, and professional development. 
• Project Management Institute
  The leading organization for project managers, the Project Management Institute offers student and professional memberships. PMI also awards leading industry certifications.