Project Management Concentration
Why should I consider a career in Project Management?
According to the Project Management Institute (PMI) “15.7 million new project management roles will be added globally across seven project-intensive industries by 2020.” This is a career field with double-digit growth potential. PMI research further indicates that “every year, the skills shortage will open an estimated 1.57 million jobs across the globe for workers new to project management.” You have the opportunity to be a part of this growth if you pursue project related education and a project management career.
Additionally, salaries are growing each year and employees with education and credentials in Project Management are in demand. According to PMI research, the mean salary for those with 1 to 3 years of experience is approximately $77,000 a year with the mean total compensation at approximately $111,000 a year (PMI Salary Survey, 8th edition).
MBA with Project Management Concentration
The MBA with a Project Management concentration will build upon the current skills and knowledge that you have already established to prepare you for a career in the project management discipline, as a project manager or project team member. Additionally completion of this program will prepare you to pursue further credentials in the project management area, including the knowledge and skills required for the Project Management Institute (PMI) Certified Associate in Project Management (CAPM) certification exam or the Project Management Professional (PMP) certification exam. The CAPM is a stepping stone to the full Project Management Professional (PMP) certification that can be obtained after many hours of experience as a Project Manager. Your choice of certifications will depend on the extent of your experience as a Project Manager.
Project Management concepts are covered in most of the MBA core courses and the concentration requires the following specific project management electives:
- MG 585 - Project Management (3 hours)
- MG 685 - Cases in Applied Project Management (3 hours)
- MG 670 - Leadership and Team Building (3 hours)
- AC 626 – Cost for Management Decision Analysis (3 hours)
- CIS 625 – Enterprise Systems Analysis and Design (3 hours)
- FI 630 – Managerial Finance (3 hours)
- MG 600 – Foundations of Business (4 hours) - Introductory course that is taken first semester.
- MG 624 – Organizational Behavior (3 hours)
- MG 640 – Management Policy (3 hours)
- MK 660 – Marketing Strategy (3 hours)
- QM 670 – Decision Theory (3 hours)
Consider the MBA in Project Management today to enhance your future career opportunities.