From construction to hospitality, project managers work in various fields and industries. These skilled leaders develop new departmental strategies, hire talent, and oversee large projects. Positions in this field require a combination of work experience and education, and many project managers earn an MBA. An MBA Project Management Online teaches the professional skills necessary to lead at a high level. This page explores the best online MBA in project management programs, including potential job outcomes, salaries, and what to expect from an online school.
Identifying the best online MBA in Project Management Programs involves assessing key factors such as faculty proficiency, program flexibility, student support services, affordability, and accreditation. The teams at OMC meticulously curated a list, ensuring a thorough evaluation for prospective students seeking an academic path aligned with their goals. This comprehensive assessment guarantees a well-rounded perspective when selecting from the top online MBA programs in Project Management.
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College Name & Address | Tuition | Graduation Rate |
---|---|---|
#1 Stevens Institute of Technology Castle Point On Hudson, Hoboken, New Jersey 07030-5991 | $36,680 | 83% |
#2 University of Texas at Dallas 800 West Campbell Road, Richardson, Texas 75080-3021 | $13,874 | 70% |
#3 DeSales University Division of Business 2755 Station Avenue, Center Valley, Pennsylvania 18034-9568 | $20,520 | 69% |
#4 Montclair State University 1 Normal Avenue, Montclair, New Jersey 07043-1624 | $12,600 | 67% |
#5 Maryville University 650 Maryville University Drive, Saint Louis, Missouri 63141-7299 | $27,846 | 71% |
#6 Bellevue University 1000 Galvin Rd S, Bellevue, Nebraska 68005-3098 | $4,749 | 66% |
#7 Saint Mary’s University of Minnesota 700 Terrace Heights, Winona, Minnesota 55987-1399 | $9,180 | 64% |
#8 University of Wisconsin-Whitewater 800 W Main St, Whitewater, Wisconsin 53190-1790 | $8,108 | 62% |
#9 Waynesburg University 51 W College St, Waynesburg, Pennsylvania 15370-1257 | $16,080 | 66% |
#10 Capella University 225 South 6th Street, 9th Floor, Minneapolis, Minnesota 55402-3389 | $14,767 | NA |
#11 Mississippi State University Lee Boulevard, Mississippi State, Mississippi 39762 | $8,800 | 61% |
#12 Norwich University 158 Harmon Drive, Northfield, Vermont 05663-1035 | $17,904 | 61% |
#13 Cornerstone University 1001 E Beltline Ave NE, Grand Rapids, Michigan 49525-5897 | $13,680 | 60% |
#14 University of Mary 7500 University Dr, Bismarck, North Dakota 58504 | $16,740 | 60% |
#15 University of Hartford 200 Bloomfield Ave, West Hartford, Connecticut 06117-1599 | $14,292 | 59% |
#16 Lawrence Technological University 21000 West Ten Mile Road, Southfield, Michigan 48075-1058 | $21,366 | 60% |
#17 Dallas Baptist University 3000 Mountain Creek Parkway, Dallas, Texas 75211-9299 | $18,072 | 58% |
#18 Trevecca Nazarene University 333 Murfreesboro Rd, Nashville, Tennessee 37210 | $9,917 | 56% |
#19 Northwest University 5520 108th Ave NE, Kirkland, Washington 98083-0579 | $19,101 | 58% |
#20 Florida Institute of Technology 150 West University Boulevard, Melbourne, Florida 32901-6975 | $22,338 | 59% |
#21 Oklahoma Christian University 2501 E Memorial Rd, Edmond, Oklahoma 73013 | $11,250 | 55% |
#22 Liberty University 1971 University Blvd, Lynchburg, Virginia 24515 | $7,980 | 47% |
#23 Grand Canyon University 3300 W Camelback Rd, Phoenix, Arizona 85017 | $10,175 | 41% |
#24 Fayetteville State University 1200 Murchison Rd, Fayetteville, North Carolina 28301-4298 | $3,438 | 34% |
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.
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.
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:
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.
MBA in Project Management | Master’s in Project Management |
---|---|
Focuses on general business topics with an emphasis on project management | Focuses on project management within a specific industry |
Great for those looking to advance their career | Great for those looking to change careers |
Leads to a broad array of career outcomes in business | Leads to project management-specific positions |
MBAs are highly respected in the business world | The master’s degree is highly respected among project management professionals |
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:
Area of Focus | Description | Careers This Concentration Prepares For |
---|---|---|
Risk Management | This specialization focuses on identifying, assessing, and mitigating potential project risks. Students gain expertise in developing strategies to minimize uncertainties, ensuring successful project outcomes. This specialization equips professionals to navigate complex project environments and proactively manage challenges for enhanced project resilience and stakeholder satisfaction. | Risk Managers, Compliance Analysts, and Project Auditors |
Information Technology(IT) | This specialization explores the strategic application of technology to project workflows. Focusing on IT project planning, execution, and governance, students acquire skills to lead technology-driven initiatives, ensuring successful integration and alignment with overall project goals within dynamic IT environments. | Project Directors, Program Managers, and Delivery Managers |
Construction Project Management | This specialization emphasizes the unique challenges of overseeing construction projects. Students acquire skills in project planning, risk management, and stakeholder communication specific to the construction industry. This specialization ensures professionals can successfully manage complex construction projects from inception to completion. | Construction Project Managers, Site Superintendents, and Construction Safety Managers |
Healthcare Project Management | This specialization addresses the distinctive aspects of managing projects in healthcare settings. Students develop expertise in healthcare project planning, regulatory compliance, and stakeholder coordination, ensuring they can successfully navigate the complexities of delivering projects within the dynamic healthcare industry. | Healthcare Project Managers, Healthcare Facility Planners, and Healthcare Information Systems Project Managers |
Supply Chain Management | This specialization focuses on integrating project management principles with supply chain strategies. Students gain skills in optimizing processes, managing logistics, and enhancing coordination within the supply chain. This specialization equips professionals to oversee projects that involve complex supply chain dynamics for improved project outcomes. | Supply Chain Managers, Logistics Coordinators, and Operations Analysts |
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 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:
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:
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:
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:
Here are the regional accrediting agencies in the United States:
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:
Course | Provided by | Description |
---|---|---|
Project Management Principles8 | edX | The course offers an overview of diverse project management methodologies, providing a comprehensive review of key methods, concepts, and roles in predictive, agile, and hybrid project management. It covers practices and management skills to enhance organizational capabilities in delivering high-quality products and services. |
Diploma in Project Management9 | Alison | This diploma course comprehensively guides individuals through project management, presenting the essential phases of the system development lifecycle: analysis, planning, design, and evaluation. Practical aspects of project management methodology are explored to ensure success in this dynamic industry. The course suits those aiming to effectively complete projects within set timelines and budgets. |
Project Management: How to be a Successful Project Manager10 | Future Learn | This course explores project management fundamentals, encompassing theoretical and applied perspectives, and addresses project constraints like cost, time, and resources. Participants can learn crucial project manager skills and their business role with insights into advancing their professional careers. |
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 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.
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 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.
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 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:
Occupation | Median Annual Salary | Job Growth (2022-2032) | Job Description |
---|---|---|---|
Medical and Health Services Managers13 | $104,830 | 28% (much faster than average) | A high-paying and high-growth position – medical and health services managers plan and direct various healthcare services. Other tasks include hiring staff, creating work schedules, and setting department goals. |
Sales Managers14 | $130,600 | 4% (as fast average) | At the head of an organization’s sales team, sales managers set sales goals, train employees, and monitor customers to keep sales strategies up to date. Sales managers work in wholesale, retail, finance, and manufacturing. |
Cost Estimators15 | $71,200 | -3% (decline) | A cost estimator analyzes data to determine the overall cost of various projects. These professionals work in all fields and must have excellent analytical, mathematical, and communication skills. |
Top Executives16 | $100,090 | 3% (as fast as average) | Leaders at the highest level of the organization, top executives consist of professionals like CEOs, CFOs, and presidents. Project managers could take on a larger leadership role with their new skills from an MBA program. |
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:
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:
An MBA in Project Management is a graduate-level program that combines business administration principles with specialized training in project management. It equips students with the skills to plan, execute, and oversee projects effectively, emphasizing leadership, risk management, and strategic decision-making within the context of business operations.
Southern Illinois University, Edwardsville
South New Hampshire University
AACSB International (Association to Advance Collegiate Schools of Business)
ACBSP (Accreditation Council for Business Schools and Programs)
IACBE (International Accreditation Council for Business Education)
edX- Project Management Principles
Alison- Diploma in Project Management
Future Learn- Project Management: How to be a Successful Project Manager
Matthew H. Parry Memorial Scholarship
Gaylord E. (Gary) Christle Scholarship
U.S. Bureau of Labor Statistics: Occupational Outlook for Medical and Health Services Managers
U.S. Bureau of Labor Statistics: Occupational Outlook for Sales Managers
U.S. Bureau of Labor Statistics: Occupational Outlook for Cost Estimators
U.S. Bureau of Labor Statistics: Occupational Outlook for Top Executives