MBA in Project Management
An Online MBA in Project Management is a 2-year online program that helps students and working professionals excel in their project management skills. The main focus of this course is to help individuals learn the basic and advanced skills related to project management, which includes project planning, risk management, contract negotiation and cost control. Completing this course can make the student an expert in applying different processes, methods, skills, knowledge and experience for the timely completion of a complex project.
Online MBA in Project Management: Syllabus
To handle a project, an individual must have the skills and expertise to cover each department or subject of the project more efficiently. An Online MBA covers a range of subjects that can help individuals learn all the required skills to handle big projects. Following is a list of main subjects which are covered in this online MBA:
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Project Quality Management
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Principles of Management
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Project Risk Management
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Organizational Behavior
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Contracts Management
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Business Management
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Cost Control and Budgeting
MBA in Project Management: Skills You Can Develop
An Online MBA in Project Management can help individuals excel in various skills required to handle a project more economically and on time. The following are the most common skills that can be developed by the students with this course:
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Skills |
Application in Job |
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Project planning and execution |
These essential skills will help you set the project’s objectives, timeline, resource management, and proper execution planning. |
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Communication Abilities |
This is also an essential skill in project management. Planning is only helpful if adequately communicated to the stakeholders and team. That’s why communication is a crucial skill that helps you communicate your plans, objectives, and standards more effectively. |
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Leadership and team management |
This skill will allow you to manage the team and direct them to timely and effective project completion. Handling the team is a vital component of project management, as it will result in the smooth functioning of the project, making it an essential skill for a project manager. |
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Risk Management |
It helps you identify potential risk factors that can become hurdles in the successful completion of the project. This skill will guide you in making important decisions about regulating the risks affecting the project. |
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Budgeting and Cost Control |
These are beneficial skills to learn as they can guide you in arranging all the essential resources at a low cost while delivering better results. They will also allow you to maintain a project budget, avoiding last-minute financial issues. |
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Strategic Thinking |
This ability will help you think more practically and make decisions that benefit the project. It will also help you align your projects with the organizational objectives, leading to the overall success of the organization. |
MBA in Project Management: Career Options
Completing an Online MBA in Project Management will help you gain several skills to speed up your success. Below are the top job roles or positions that will be waiting for you after the completion of this course:
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Job Position |
Responsibilities |
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Project Manager |
As a Project Manager, you are responsible for handling the project from start to end. You will plan, formulate objectives, allocate resources, and prepare the budget for the project. You will also ensure the project is completed within time and budget and matches all standards. |
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Project Analyst |
As a Project Analyst, your work will involve analyzing, researching and data to identify important aspects that can affect the successful completion of the project. You are responsible for supporting the Project Manager by offering insights into the project's improvement and ensuring its completion. |
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Project Quality Manager |
The Project Quality Manager is responsible for checking and supervising the quality related to the project's planning, controlling, assuring, improving, and reporting. The Project Quality Manager also ensures the quality of the resources used in the project’s documentation and provides quality training to the project team for better results. |
Top Universities for Online MBA in Project Management
Many colleges provide an Online MBA in Project Management. Following are the top 3 options that come under the best universities:
Jain University Online
This university provides an Online MBA in Project Management, which can help students and working professionals excel in project management skills. An Online MBA with Jain University Online is the best choice to develop your leadership, critical thinking, and technical skills.
Following is the fee structure for the Online MBA at Jain Online University:
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Total Fee: INR 1,80,000
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Per Semester: INR 45,000
*Zero-cost EMI is also available.
An Online MBA in Project Management at Online Jain University: The Curriculum
Online Manipal University
An online MBA at Online Manipal University is a two-year program that provides professional skills to help you excel as part of a project team. It is a good option for learning and becoming an expert in project management.
Following is the fee structure for pursuing an Online MBA at Online Manipal University:
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Total Course Fee: INR 1,75,000
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Per Semester Fee: INR 43,750
An Online MBA in Project Management at Online Manipal University: The Curriculum
DPU Online Pune
An Online MBA in Project Management at DPU Online is a two-year program that offers the deep knowledge needed for a project's smooth functioning. This program helps you learn cost management, risk assessment, and leadership skills. These courses will help an individual excel in a career in project management.
Following is the fee structure of the course at DPU Online Pune:
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Total Course Fee: INR 1,69,200
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Per Semester Fee: INR 45,000 (INR 34,200 for the fourth semester)
An Online MBA in Project Management at DPU: The Curriculum
An Online MBA in Project Management offers a wide range of career options that help working professionals and students to make their careers more successful. To make a career in Project Management, you must learn all the techniques and tools to help you excel in your performance and deliver the best results. With the help of this course, you can learn all these skills with more flexibility and convenience by sitting at your home. So, enrolling in this program is the best decision for those looking to upgrade their skill set.
Frequently Asked Questions
1. What is an Online MBA in Project Management?
An Online MBA in Project Management is a two-year postgraduate degree directed towards professionals and students. It focuses on aspects of management necessary for effective project management, such as project planning, risk analysis, and budgeting. This helps people work effectively on projects in different sectors.
2. What is the duration of an Online MBA in Project Management?
The duration of this course is generally two years, but it also varies from university to university, as each has its own policies.
3. Do I need prior experience in project management to enroll in an Online MBA in Project Management?
It is not compulsory to have previous knowledge of how to execute and manage projects, but it can help you understand the concepts more easily. The curriculum includes different core subjects as well as advanced subjects related to project management, which can be useful for both beginners and experienced ones.
4. Can a working professional pursue an Online MBA in a Project Management program?
Yes, its online mode allows working professionals to manage their studies and work together. This can help them schedule their daily activities, professional tasks, and studies.
5. How does a regular MBA differ from an Online MBA in Project Management?
The curriculums of an online MBA and a regular MBA are similar. Both focus on beginner—to advanced topics related to project management. The major difference between these two is their mode and associated expenses.
6. Are there any scholarships or financial aid options available?
Yes, most universities provide scholarships, early-bird offers, or EMI options. These discounts and offers help individuals access education at a minimum cost.
