MBA Project Management: Course, Syllabus, Colleges, Scope, Jobs, Salary

MBA in Project Management - Courses, Admission, Fees, Scope, Salary

Edited By Moksh Dheri | Updated on Oct 16, 2024 11:51 AM IST

MBA in Project Management is a postgraduate degree programme of two academic years, with four semesters. The course curriculum of the MBA degree in Project Management includes project planning, risk management, contract negotiation, and cost control. It assists in developing strong communication skills, negotiation skills, time management, and managerial skills.

The syllabus of a Project Management course consists of subjects such as Project Formulation, Project Support Systems, Risk Management, and Project Management Software. To be eligible, students should have a bachelor’s degree in management or a similar specialisation with an aggregate score of 50 per cent. Then they must appear for the relevant entrance examinations.

Project Management is very important for organisations as it helps the companies to control all the moving parts of a project. The career options one can choose after graduation are Project Manager, Project Planner, and Risk Manager. Students can choose a career based on their interests and their future goals and aspirations.

Latest Updates on MBA Project Management Exams

CAT Exam- 24 Nov, 2024
CAT Admit Card-05 Nov 2024 - 24 Nov 2024

Highlights- MBA Project Management

Particulars	Values
Degree Name	MBA Project Management
Degree Type	Postgraduate
Degree Duration	Two year
Semesters	Four
Entrance Exams	CAT, MAT, GMAT, CMAT, XAT, NMAT
Eligibility Criteria	Bachelor’s degree
Admission process	Direct admission and based on the entrance examination
Course Fees	Rs. 80,000 to Rs. 11.60 Lakhs
Average Salary	Rs. 10 LPA
Job profiles	Project Manager, Project Planner, Risk Manager, Operations Manager, and Project Coordinator
Top recruiters	Infosys, Cognizant, Tech Mahindra, Tech Consultancy, Accenture, and Capgemini

MBA Project Management Eligibility Criteria

Students must fulfil the basic eligibility requirements specified by the institutes. After fulfilling the eligibility criteria, students can apply for admission by filling out the application form either on the official website or on the programme brochure. In the table below, we have mentioned the eligibility details of MBA Project Management.

Eligibility Parameters	Details
Educational Qualification	Bachelor's degree from a recognised institute in India
Minimum Aggregate score	50 per cent aggregate score
Entrance examinations	CAT, MAT, XAT, CMAT, NMAT
Provisional Admission	Those in the final year of graduation are eligible to apply on a provisional basis

MBA in Project Management Admission Process

Every institute has its admission procedure, however, it is determined by the student's performance in the entrance examinations. Students can apply either online or by visiting the official website of the institute. Some of the important admission guidelines of the MBA Project Management course are listed below.

Candidates can apply for admission once they have fulfilled all the eligibility requirements of the course.
Those who successfully clear the entrance exam must then go through aptitude tests, group discussions, and personal interviews as conducted by the colleges.
Based on their performance in all stages, seats will be allotted to students.
Selected candidates need to submit documents to the college for verification.
The last step is to pay the course fees.

Top Entrance Exams for MBA Project Management Degree

MBA is a promising choice for someone interested in making a career in business or finance. Admissions are mostly based on the entrance examinations. There are several examinations conducted at national, state, and university levels. Students should appear for the examination depending on the requirements of the institute.

Exam Name	Level	Conducting Body	Exam Schedule
CAT	National	IIM Lucknow	CAT Exam Schedule
MAT	National	AIMA	MAT Exam Schedule
CMAT	National	NTA	CMAT Exam Schedule
XAT	National	XLRI Jamshedpur	XAT Exam Schedule
SNAP	National	Symbiosis International University	SNAP Exam Schedule

MBA Construction Management Cutoff

The cutoff depends on the number of candidates appearing for the examination, the difficulty level of the examination, and the prestige and stature of the institute. Cutoff requirements are released annually by the college post-examination results. Students should choose the most suitable college based on the cutoff scored by the students.

Exam Name	Cutoff
CAT	CAT Cutoff
XAT	XAT Cutoff
MAT	MAT Cutoff
CMAT	CMAT Cutoff

Top MBA Specialisations

Candidates can choose various specialisations depending on the interests and future goals of the candidates. Some of the popular specialisations offered in an MBA course are listed below.

MBA in Logistics Supply Chain Management	MBA Capital Market
MBA in Marketing Management	MBA in Data Analytics
MBA FinTech	MBA in Digital Marketing
MBA Retail Management	MBA in Banking & Finance Management
MBA Banking and Insurance	MBA Artificial Intelligence

MBA in Project Management Subjects/Syllabus

The syllabus of an MBA in Project Management covers business communication, business ethics, financial management, human resource management, and international business. The course provides the students with a broad overview of various aspects of project management from the commencement to the conclusion. In this section, we have discussed the syllabus of an MBA degree in Project Management.

Year I
Introduction to Project Management	Project Procurement Management
Quality Management in Projects	Case Studies in Project Management
Strategic Planning for Projects	Value Engineering
Project Management Information System	Project Planning
Research Methodology and Seminar	Purchasing and Contracting for Projects
Project Management Professional Certification Exam Review	Project Quality Management
Year II
Small Business Management	Project Exports
Management Information System	Project Termination
Tools and Techniques of Project Management	Basis of Project Management
Project Identification	Selection of project
Computer Integrated Manufacturing	Operations Management

MBA in Project Management Fee Structure

The academic or tuition fee of an MBA Project Management varies depending on different factors. Private institutes are more expensive as compared to their government counterparts. The tuition fee generally does not include accommodation or travel costs, or application fees. The average fee for an MBA Project Management varies from Rs. 80,000 to Rs. 11.60 Lakhs.

Scope of MBA in Project Management

Candidates after an MBA in Project Management can work in many industries. Regardless of project-oriented work being prevalent in the IT industry. It is also used widely in business services, oil and gas, finance and insurance, manufacturing, construction, and utility industries around the world.

Project managers can earn a handsome package based on their skills and experiences. Many companies are looking forward to investing in projects globally, and the need for qualified Project Managers is also on the rise which creates more job opportunities.

Career Options Available After MBA Project Management

The job opportunities after MBA Project Management include project planning, execution, organisation, monitoring, and closure at a specific time and cost. This is accomplished by a Project Manager or a team of project managers working together to achieve the specific and desired goal. Mentioned below are some of the popular careers after MBA Project Management.

Job Profiles	Job Description	Average Salary
Project Manager	A project manager is a professional who is responsible for the management and development of new projects. Active research is required to design new projects, as well as to prepare and present new ideas to improve current processes that impact the business.	Rs. 17.5 LPA
Project Planner	A project planner entails creating programmes for design, procurement, construction, installation, and commissioning activities for each project from tender to completion, as well as reviewing programme progress on a regular cycle and providing management reporting as needed.	Rs. 8.9 LPA
Risk Management Analyst	A risk management analyst is in charge of the organisation's comprehensive insurance and risk management programme, assessing and identifying risks that could seriously affect the organisation's reputation, safety, security, or financial success.	Rs. 9.6 LPA
Project Procurement Manager	A project procurement manager is in charge of coordinating and negotiating with suppliers to obtain low-cost, high-quality materials for manufacturing processes. Project Procurement Managers devise strategies to deliver outputs within budget and time constraints.	Rs. 28.8 LPA
Project Leader	A project leader creates team schedules and assists with team member onboarding and training. He or she creates and communicates a clear list of team members' expectations and goals. Make project team members feel valued by providing emotional support.	Rs. 17.9 LPA

Top Recruiters

Infosys
Wipro
IBM
Cognizant
Tech Mahindra
NABARD
Capgemini

Benefits of Studying MBA in Project Management

MBA Project Management is a promising course for someone interested in learning the required technical skills. Candidates can learn both professional and technical skills in the course. Candidates will learn effective time management, negotiation skills, managerial skills, and how to complete the project within a set of constraints.

Salary After MBA Project Management

There are many job profiles that a student can choose from once they have completed a Project Management course. However, the initial salary may be lower, the salary will keep on increasing as the students get the required experience. In this section, we have discussed the average salaries of private and government sectors.

Job Profiles	Average Salary
Private	Rs. 3 LPA-Rs. 100 LPA
Government	Rs. 3 LPA-Rs. 50 LPA

Source: Naukri.com

Top Private MBA Project Management Colleges in India with Fees

Limited colleges in India provide MBA Project Management courses. The fees charged by a private institute are on the higher side as compared to a public institute. In this section, we will discuss the popular MBA Project Management colleges in India along with their respective fees.

Colleges	Fees
Jain Deemed to be University, Bangalore	Rs. 1.70 Lakhs
Pune Institute of Business Management, Pune	Rs. 7.95 Lakhs
CMJ University, Shillong	Rs. 1.20 Lakhs
KCT Business School, Coimbatore	-
HK Hi-Tech College, Jodhpur	-
NICMAR University, Pune	Rs. 11.60 Lakhs
Asian International University, Manipur	-
NIMS University, Jaipur	Rs. 4 Lakhs
Singhania University, Jhunjhunu	Rs. 80,000
Parul Institute of Management and Research, Vadodara	Rs. 3.94 Lakhs

MBA Project Management is a course that provides students with many career opportunities. It provides the students with several skills that will be helpful for them in their future careers such as negotiation skills, time management skills, managerial skills, and budgeting. The average salary of a Project Manager in India is Rs. 17.3 LPA depending on the skills and experiences of the candidate.

Frequently Asked Questions (FAQs)

1. What is MBA project management?

A master of business administration (MBA) in project management equips graduates with the knowledge and experience required for advanced managerial positions. Accounting, finance, human resources, strategic planning, and business operations are all covered in an MBA programme.

2. Is an MBA in project management good?

A project management MBA can be a huge help to those who are just starting out in their careers. Most disciplines have project managers in charge of a team. The best project managers typically have some hands-on experience with the team they're managing.

3. Is an MBA in project management difficult?

Project management work is complex because project managers must be detail-oriented and organised to complete their tasks, but that doesn't mean it's impossible to learn.

4. Which MBA field has the highest salary?

MBA in Business Analytics, MBA in Finance, and MBA in Entrepreneurship are three of the highest-paying MBA specialisations.

5. What are the career options in MBA in project management?

Project Analyst, Project Manager, Executive, and General Manager are the few career options after an MBA in project management.

6. Who is eligible for pursuing MBA in project management?

Candidates after a bachelor's in a related discipline such as BBA and BCom with a minimum of 50 per cent from a recognised university are eligible to pursue an MBA in Project Management. However, this varies largely and you will see many engineering graduates pursuing this course as well.

7. What is the salary of an MBA Project Management graduate?

MBA Project Management graduates earn an average salary of Rs 5,00,000 -Rs 8,00,000.

8. Where are the graduates after completing MBA are recruited?

Candidates are recruited in many different fields such as health care, construction, information technology, and consultation.

9. What is the duration of an MBA in project management?

The duration of MBA in project management course is of two years, which includes four semesters and it is a full time course.