MBA Project Management Subjects, Syllabus, Jobs, Scope, and Salary

An MBA specialisation in Project Management is a multifaceted course that covers general management studies, skills and modules about project-related responsibilities for various companies and organisations. 

An MBA project management degree is a two-year postgraduate program. This MBA course incorporates topics like Project Risk Management, Project Planning and Execution, Project Finance, Project Contracting, Project Control Systems and many other related subjects. 

[Also Read: Top MBA Specializations]

Why Choose An MBA Project Management Degree?

It's an integrative program that covers technical and business-related subjects to prepare students for challenging job profiles in the job market. In addition, Students with a specialisation in project management in a Master of Business Administration program develop skills that allow them to take decisive action in dynamic and fast-paced environments to accomplish the company's most important goals. 

In an MBA and project management course, students learn how to plan, lead and implement viable strategies to streamline operations and manage company projects. There's also a high demand for graduates of this degree. 

As a result, there are many job opportunities in both the private and public sectors. Students also get to network with other experts in the field and build good professional relationships. 

MBA Project Management Degree Overview: 

Parameters	Details
Course Name	MBA In Project Management
Course Level	Postgraduate
Modes Of Access	Full-Time Part-Time Online/Distance Learning
Eligibility Criteria	50% In Graduation From Any Undergraduate Stream 50% Marks In 10+2 From A Recognized Board No Age Limit
Admissions Process	Entrance Exams: CAT, MAT, XAT, CMAT, SNAP, GMAT.
Top Colleges	National Institute For Industrial Engineering Pune Institute Of Business Management (PIMB) Jain University, Bangalore Alagappa University Nicmar University, Pune
Average Course Fee	₹4 Lakhs - ₹6 Lakhs Per Year
Top Recruiters	TCS Capgemini IBM Infoedge Genpact Amazon Wipro Accenture
Average Annual Salary	₹5 Lakhs Per Annum

Types of Project Management MBA Programs 

Anyone with an undergraduate degree from a recognised university or institution can opt for an MBA project management degree. There are provisions for full-time and part-time learning modes for students and working professionals interested in this program. 

Here are the types of project management MBA programs you can choose to pursue: 

• MBA Project Management: Full-Time Course

This is a full-time, two-year course that requires students to be present in the classroom. It's also the most popular mode of education that most students opt for. 

A full-time, on-site learning model allows students to connect with their teachers and other students giving them more experience, exposure and knowledge. 

• MBA Project Management: Part-Time Course

A part-time course is more prevalent among working individuals. It has a two or three-year duration. The classes are usually held on the weekends and after business hours. In this learning model, there's more of an emphasis on practical skills, which allows candidates to work for either small start-ups or large corporations where project management skills are crucial.  

• MBA Project Management: Online Course/Distance Learning

This course is popular among working individuals as well. An online course allows students to simultaneously work and study without them having to take a break from their careers. This way, the course is easier to complete compared to a traditional full-time MBA course.  

• Executive MBA Project Management

Candidates looking to advance in their careers or for a career transition take an Executive MBA in project management course. It lasts between 24 to 26 months, so around 2 years in total. Candidates need at least two years of work experience and an undergraduate degree from any field to choose this program. 

MBA Project Management Courses And Syllabus

An MBA syllabus has always been versatile. Offering further specialisations like project management in its programs helps candidates hone in on the careers they want to pursue. 

The best MBA for project management programs help students develop planning and leadership skills to manage projects and strategise solutions in an ever-changing environment. Here is a semester-wise breakdown of the topic you can expect to be covered throughout this MBA course.

MBA In PM: Semester I	MBA In PM: Semester II
Managerial Accounting Economic Analysis for Business Decisions Basics of Marketing Organisational Behaviour Business Research Methods Digital Business	Marketing Management Human Resources Management Financial Management Operations & Supply Chain Management
MBA In PM: Semester III	MBA In PM: Semester IV
Strategic Management Decision Science Summer Internship Project	Enterprise Performance Management Indian Ethos & Business Ethics
Elective Subjects
Basics of Project Management Project Quality Management and Value Engineering Project Risk Management Project Execution and Control Organisational Structure and Organisational Issues Resources Considerations in Projects Project Management Information System Project Management Software Purchasing and Contracting for Projects Project Identification and Selection Project Performance Measurement and Evaluation PERT and CPM Case Studies in Project Management Project Planning Project Close-out, Termination, and Follow-up

Best MBA Project Management Jobs For Graduates 

An MBA in PM program offers students a wide scope of job opportunities. Graduates from this stream can work in IT companies, banking sectors, academic sectors, trading firms and government agencies. They can expect lucrative careers and job opportunities at some of the top companies in India and abroad.

Here are some popular job roles candidates can pursue once they finish their MBA course:

• Project Lead

Projects leaders work with department heads, managers and other stakeholders within a company to develop goals and delegate tasks to team members. They create and communicate a list of expectations and goals and nurture collaborations among team members. 

Average Salary: ₹5.0 Lakhs To ₹26.0 Lakhs

• Consultant

Consultants are professionals who have a deep understanding of their industry and a wealth of experience to back them up. They help companies and clients improve their business performances by providing expert analysis, solutions and recommendations. Their clients can either be individuals, an organisation or a company. 

Average Salary: ₹3.3 Lakhs to ₹22.0 Lakhs

• Project Risk Manager

A project risk manager is responsible for identifying and mitigating any risks relating to a project. They need to have organisational skills to assess the state of ongoing projects and map out future implications from their assessments. 

Average Salary:  ₹3.0 Lakhs to ₹25.8 Lakhs

• Project Procurement Manager

Having a project procurement manager on a team increases the chances of successful procurement, on-time, and on-budget implementation. Their responsibilities include coordinating and negotiating with suppliers for materials required for company projects and production processes. 

They also conduct data and statistical analysis to find opportunities to increase resources and generate more revenue for the company. 

Average Salary: ₹6.0 Lakhs to ₹40.0 Lakhs

• Site Maintenance Manager

Site maintenance managers ensure that all equipment within an office, building or property is taken care of. In addition, they oversee the installation, upkeep and repair of the company's facilities. 

They are also responsible for tracking expenses and progress. This way, the company knows when something needs to be fixed or improved. 

Average Salary: ₹2.5 Lakhs to ₹20.6 Lakhs

List of Top Colleges Offering MBA Course in Project Management

College Name	Course fee	Avg. Salary	Administration
Alagappa University	₹25,700	₹2.46 LPA	Public
BITM	₹10.6 lakhs	₹6 LPA	Private
Madurai Kamaraj University	₹9,400- ₹36,400	₹4.5 LPA	Public
MIT College of Management	₹3.58 lakhs	₹3.80 LPA	Private
Praxis Business School	₹8.91 lakhs	₹11.1 LPA	Private
Pune Institute of Business Management (PIMB)	₹7.45 lakhs	₹7.1 LPA	Public
The Gandhigram Rural Institute	₹61,240	₹2 LPA to 3.20 LPA.	Public
Universal Business School	₹9.98 lakh- ₹10.98 lakhs	₹8.1 LPA	Private

Conclusion 

Students who wish to pursue an MBA project management degree can expect several job opportunities in various fields like construction, energy, financial services, healthcare, engineering, law, marketing, IT, etc. 

While looking for MBA colleges in India, consider colleges powered by Sunstone. There are more than 50 such colleges all across India, and all of them provide Sunstone’s benefits. Sunstone has curated course modules that include industry-relevant training for students. These training modules have specifically been designed to increase your chances of landing a job after graduating.  

FAQ - MBA Project Management

Is the MBA Project Management course expensive?

An MBA degree from any of the top colleges in India can cost a lot of money. But, such colleges and universities offer good value for money in terms of placement opportunities. To get an MBA in project management from any of the top colleges in India, you may have to spend around ₹11 lakhs. 

Who can do an MBA Project Management course?

Anybody who has a graduation degree from a recognised university may apply for an MBA course in project management. But before you take admission, make sure you enquire about the prerequisites.