Online MBA Courses in Project Management

An online MBA in Project Management is a specialized program that helps students explore leadership and managerial roles. This program is designed for students who want to pursue a career as project manager. Students can enhance their career prospects and knowledge by learning contract negotiation, project planning, and risk management.

An online MBA in Project Management mixes theoretical knowledge with practical skills. The duration of this program can vary from college to college depending on the learning modes (full-time, part-time, and online) and syllabus.

MBA in Project Management program is available in various learning modes that cater to the convenience of both students and working professionals.

• Regular MBA: This mode requires students to attend in-person classes. The two-year program includes coursework, case studies, final projects, and internships.
• Part-Time or Executive MBA: Working professionals who cannot devote their daytime to classes can complete the executive program in 2 to 3 years.
• Online MBA: Online programs allow students and professionals to study at their own pace. They offer online study materials, live classes, webinars, and recorded sessions for convenience.

MBA in Project Management is becoming increasingly popular among employers. As the business landscape becomes increasingly complicated and interwoven, there is an increased demand for project managers who can successfully lead and oversee initiatives. 

Some of the key benefits of an online MBA in Project Management are:

• Skills enhancement: Students can gain various skills from this program to help them plan and execute company projects.
• Career growth: It boosts career growth with better opportunities.
• Flexibility:  With flexibility in the learning process, working professionals can balance work and study with online programs.
• Affordability: An online MBA in Project Management is more affordable than a regular course.
• Engagement: Online courses offer interactive lessons, virtual classrooms, and online discussion forums for enhanced learning.
• Innovative teaching methods: The teachers use innovative ways to keep the students engaged and simplify the learning.

The MBA in Project Management program curriculum aims to equip students with management, corporate, and strategic planning skills. The syllabus varies according to the college course structure. However, the sections below give an overview of the subjects taught in this program.

MBA in Project Management Subjects 1st Year

Read the sections below to check out the MBA in Project Management subjects list:

Semester 1 Subjects

• Principles for Economics and Markets
• Managerial Effectiveness and Ethics
• Organizational Behaviour and Human Resource Management
• Accounting and Finance
• Quantitative Techniques and Analytics

Semester 2 Subjects

• Entrepreneurship
• Marketing Management and Research
• Introduction to Sub-system of Project Management
• Project Selection and Portfolio Management
• Market and Technical Analysis

Second Year MBA Project Management Syllabus

Read the sections below to check out the MBA in Project Management course subjects:

Semester 3 Subjects

• Operation Management
• Business Environment and Strategy
• Project Time and Cost Management
• Project Finance & Budgetary Control
• Generic Elective-I
• Lean and Six Sigma

Semester 4 Subjects

• Project Monitoring and Information System
• Project Team Building, Evaluation and Control
• Project Risk Management
• Generic Elective-II
• Strategic Sourcing and Inventory Management
• Project Work Report

MBA Project Management Elective Subjects

• Organizational behavior
• Marketing management
• Project management
• Financial Management
• Operations management
• Business Economics
• Data Analytics
• Human resources Management
• Innovation
• Managerial Accounting
• Project evaluation
• Project planning
• Project risk management
• Supply chain management
• Business Analytics

The general eligibility criteria for an MBA in project management in leading institutes are listed below:

MBA Eligibility Criteria for Indian Students

• Candidates must hold a bachelor's degree or equivalent qualification in any discipline from a recognized university or institution, with a minimum aggregate of 50%.

MBA Eligibility Criteria for Foreign Students

Foreign applicants seeking an MBA in Project Management must fulfill the general qualifying requirements listed below.

• The candidate must have a bachelor's degree from an accredited university with at least 50% marks.

The fees for a regular MBA in Project Management in India range from Rs 6 Lakhs to 12 Lakhs. In contrast, an online MBA in Project Management costs only between Rs 1,50,000 and Rs 2,50,000. Flexi-payment options are also available in some universities.

The admission procedure for an online MBA in Project Management course is as follows:

• Registration: After selecting the college, register by filling basic, education & work experience-related details.
• Payment: Pay the application fee to register. 
• Document Upload: Upload the documents such as marksheets.
• Document Verification by University: The University will evaluate the documents and confirm the admission.

An online MBA in Project Management does not require entrance tests. However, to get admission to a regular college, students must take entrance exams such as: 

• CAT: Common Admission Test
• MAT: Management Aptitude Test
• XAT: Xavier Aptitude Test
• CMAT: Common Management Admission Test
• ATMA: AIMS Test for Management Admissions

These exam scores are accepted widely in various MBA colleges in India with respective cut-offs.

The industry that MBA Project Management program graduates choose to work in impacts their salaries. After completing an MBA in project management, students can work as managers in any organization.

Some of the popular job options for graduates in MBA project management include:

• Project Manager
• Program Manager
• Project Coordinator
• Agile Project Manager
• IT Project Manager
• Construction Project Manager
• Operations Manager
• Business Analyst
• Product Manager
• Consultant (Project Management)
• Risk Manager
• Supply Chain Manager
• Quality Assurance Manager
• Change Manager
• Procurement Manager
• Financial Analyst (Project Management)
• Marketing Manager (Project Management)
• Operations Analyst
• Project Scheduler
• Project Management Office (PMO) Manager

Here is the list of the top companies that hire MBA in Project Management graduates:

• InfoEdge
• Genpact
• Amazon
• Wipro
• Accenture
• TCS
• Capgemini
• IBM
• Deloitte
• Verizon
• Infosys
• HCL Technologies
• Cognizant
• Tech Mahindra
• Bharti Airtel
• Reliance Industries Limited
• Flipkart
• Paytm
• OYO
• Google India

India has many prestigious colleges for students pursuing an online MBA in Project Management and regular programs. Students can opt for the course according to their flexibility and convenience.

Top Private Colleges for MBA in Project Management

Here is a list of the best private colleges that offer an MBA in Project Management:

• DY Patil University
• Jain University  
• Dr MGR Educational and Research Institute 
• Sikkim Manipal University
• IMT Ghaziabad
• Pune Institute of Business Management

Top Government Colleges for MBA in Project Management

• Andhra University
• Kurukshetra University
• Bharathidasan University 
• IIM Ahmedabad 
• IIM Bangalore 

Project management MBAs are highly sought after in a variety of sectors in India as well as abroad. The need for qualified project managers who can efficiently plan, carry out, and finish projects on time and within budget is expanding as projects become more complicated. The areas where MBA in Project Management graduates can work are Construction, Financial Services, Energy, Engineering, Software Development, Information Technology (IT), Healthcare, Law, Marketing, and Consulting.

India's increasing economic growth and infrastructure development have created a huge demand for project managers. Students can apply for jobs in various areas such as IT, banking, academic, trading, and government sectors

A degree in Project management offers abundant career opportunities to those who want to pursue a career abroad. Graduates of an MBA in Project Management can work as Business Consultants, Business Development Managers, entrepreneurs, Project Managers, General Managers, Industry specialists Managers, Marketing Managers, Operations Managers, Product Managers, Program Managers, and Sales Managers. 

Some of the countries offering high-paying jobs in this field are Switzerland, the United States, Australia, and New Zealand.

Below is the average pay of a project management job role in the following companies:

• InfoEdge: Rs. 3.6 LPA to Rs. 9.3 LPA
• Genpact: Approximately Rs. 6.1 Lakhs
• Amazon: Rs. 1 lakh to Rs. 2.10 Lakhs
• Wipro: Rs. 4.9 Lakhs
• Accenture: Rs. 9 Lakhs
• TCS (Tata Consultancy Services): Rs. 2.7 Lakhs to Rs. 5.5 Lakhs
• Capgemini: Rs. 3 Lakhs to Rs. 1.8 Crores
• IBM: Rs. 9.6 Lakhs
• Deloitte: Rs. 3,87,636 to Rs. 20,68,919
• Verizon: Rs. 2.1 Lakhs

Why study for an MBA in Project Management?

Ans. Pursuing an MBA in a Project Management program helps to gain skills and knowledge to manage and execute a project effectively in an organization.

Is any scholarship offered to the students to do MBA Project Management courses?

Ans. Yes, many scholarships are available to pursue online MBA courses based on merit and economic status.

What are the important MBA Project Management subjects?

Ans. Some of the important MBA Project Management subjects are: 

• Project Management Fundamentals
• Risk Management
• Project Scheduling and Budgeting
• Leadership and Communication
• Project Finance
• Human Resource Management for Projects

Is there any need for an entrance test to pursue an online MBA in Project Management?

Ans. No, there is no need to appear for an entrance test for an online MBA in Project Management course.

Which are important MBA Project Management books for students?

Ans. Some of the important books for this program are: 

• A Guide to the Project Management Body of Knowledge (PMBOK® Guide) 11th Edition
• Project Management Absolute Beginner’s Guide by Greg Horine
• Project Management for the Unofficial Project Manager by Kory Kogon
• Project Management for Humans: Helping People Get Things Done by Brett Harned
• Critical Chain Project Management by Eliyahu Goldratt
• Project Management – Industrial Megaprojects by Edward W. Merrow

What are the skills required for an MBA in Project Management?

Ans. Students will require skills like analytical, communication, time management, team management, problem-solving, risk management, etc, for an MBA in Project Management program.