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Online MBA in Project Management
Professionals may gain the advanced skills and knowledge needed to run complicated projects across a variety of sectors by pursuing an online MBA in project management. This specialized curriculum equips graduates with the skills necessary to design, carry out, and supervise projects successfully from start to finish by fusing fundamental business concepts with strategic project management methodologies. Important subjects like risk management, budgeting, team leadership, and quality control are covered in the curriculum to make sure graduates are equipped to face the demands of the fast-paced corporate world of today.
Online MBA in Project Management: Overview
This program blends specialist coursework on project management concepts and methods with the all-encompassing business curriculum of a regular MBA. Project planning, risk management, budgeting and cost control, quality assurance, and team leadership are often important curricular elements.
The application of project management concepts and approaches, such as Agile, Lean, and Six Sigma, to actual situations is taught to students. To guarantee that graduates can convert theoretical knowledge into practical abilities, the program frequently includes case studies, group projects, and practical tasks.
Key Highlights of Online MBA in Project Management
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PARAMETERS
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DETAILS
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LEVEL OF COURSE
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Post Graduation
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COURSE DURATION
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2 years
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ELIGIBILITY CRITERIA
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Graduation or Diploma. In some cases work experience is needed and in some cases work experience is not needed.
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ADMISSION PROCESS
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Direct/ Merit-based/ Entrance exam-based
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ENTRANCE EXAM
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CAT, XAT, MAT, SNAP, GMAT
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COURSE PEDAGOGY
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Online classes and Learning Management System (LMS)
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FEE RANGE
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5 - 20 Lakhs
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SPECIALIZATION
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Finance, Marketing, Supply Chain Management, Human Resource Management
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TOP UNIVERSITY
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Symbiosis Center for Distance Learning (SCDL), Amity University Online, IIM Bangalore
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JOB PROFILE
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Program Manager, Project Coordinator, Risk Manager
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AVERAGE SALARY
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9 - 15 LPA
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Universities that Provide Online MBA Program in Project Management
- IIM Bangalore: Provides a range of project management courses and programs online via edX and IIMBx.
- Amity University Online: Provides an MBA with a Project Management concentration. The course is intended to provide participants with a thorough understanding of project management techniques and concepts.
- Symbiosis Centre for Distance Learning (SCDL):Offers a Post Graduate Diploma in Business Administration (PGDBA) with a specialization in Project Management.
Why Choose an Online MBA Course in Project Management?
- Lower Expenses: Obtaining an online MBA in Project Management is a flexible, useful, and affordable approach to improving your professional chances and acquiring advanced business and project management abilities.
- Actual events Examples: Case studies, simulations, and projects that mimic real-world problems are frequently included in the curriculum, which is designed to be extremely practical. You may immediately apply what you learn to your present or future employment duties thanks to this practical approach.
- Distance Learning Style: You don't have to move or travel to a campus to get an online MBA because you can study from anywhere. Professionals in the workforce who have to juggle their personal and professional obligations with their education would especially benefit from this flexibility.
Who is Eligible to Choose Online MBA in Project Management?
- Employment Background: Relevant job experience is preferred by many online MBA programs, while it's not necessarily required. This prerequisite varies but often takes into account two to five years of work experience. Admissions committees may see via work experience that candidates have real-world expertise and can add value to class discussions.
- Bachelor's degree: Candidates must be graduates of an accredited college or other university with a bachelor's degree. Although certain schools may favor applicants with a background in business, commerce, economics, or similar disciplines, the degree may be in any discipline.
- Entrance Examinations:Certain online MBA programs in India may mandate that candidates pass particular admission tests. Examples of these exams are the Xavier Aptitude Test (XAT), Management Aptitude Test (MAT), Common Admission Test (CAT), and other entrance exams that are exclusive to individual states or universities. These tests evaluate the linguistic, mathematical, and reasoning skills of candidates.
Duration of Online MBA in Project Management
- Full-Time: Full-time online MBA programs typically last between 18 months to 2 years, during which time students must devote a large amount of their time to courses, assignments, and projects.
- Part-Time: Part-time Online MBA programs can last anywhere from two to three years or longer. They are intended for working people who must combine their studies with full-time jobs or other obligations.
- Facilitated Programs: A few online MBA programs have expedited alternatives that let students finish their coursework in as little as 12 to 15 months.
Topics Covered in Online MBA in Project Management
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Semester 1
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Semester 2
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Organizational Behavior
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Human Resources Management
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Statistics for Managers
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Financial Management
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Management Theory and Practice
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Marketing Management
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Accountancy for Managers
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Operations Management
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Graduation or Diploma. In some cases work experience is needed and in some cases work experience is not needed.
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Graduation or Diploma. In some cases work experience is needed and in some cases work experience is not needed.
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Managerial Economics
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Research Methods for Business
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Semester 3
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Semester 4
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Fundamentals of Project Management
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Quantitative Methods in Project Management
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Project Planning and Scheduling
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Project Quality Management
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Manpower Development for Technological Change
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Business Policy and Strategic Management
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Business laws and Regulations
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Generic Elective-II
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Project Finance & Budgetary Control
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Project Work Report
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Project Performance Measurement & Control
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IT in Projects
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Generic Elective-I
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.
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Skills Needed for Online MBA in Project Management
- Innovative Thinking:Analyzing complicated business issues and coming to well-informed conclusions need critical thinking. It entails weighing the advantages and disadvantages of several alternatives to choose the optimal course of action. This might entail determining possible bottlenecks and evaluating the viability of project timeframes in project management.
- Data Interpretation:To monitor project progress, predict results, and make choices, project managers must interpret and analyze data. Proficiency in data analysis facilitates comprehension of financial reporting, resource allocation, and performance measures, hence assisting in maintaining project objectives.
- Social Skills:These abilities help project managers establish trusting bonds with stakeholders, clients, and other team members. This involves the ability to actively listen, empathize, and negotiate. These abilities aid in dispute resolution and promote a cooperative team atmosphere.
Recommended Books for Online MBA in Project Management
- "A Guide to the Project Management Body of Knowledge (PMBOK Guide)" by Project Management Institute (PMI)
- "Project Management: A Systems Approach to Planning, Scheduling, and Controlling" by Harold Kerzner
- "The Fast Forward MBA in Project Management" by Eric Verzuh
- "The Talent Code: Unlocking the Secret of Skill in Sports, Art, Music, Math, and Just About Anything"by Daniel Coyle
- "Agile Project Management: Creating Innovative Products" by Jim Highsmith
- "The 7 Habits of Highly Effective People: Powerful Lessons in Personal Change" by Stephen R. Covey
Application Procedure For The Online MBA In Project Management
- Verify Your Eligibility: Check if you satisfy the prerequisites for each program by going over the admissions standards. Having a bachelor's degree from an accredited university, meeting certain academic requirements, having professional experience, and, if relevant, having fluency in the English language are some examples of this.
- Assemble the Essential Documents: Collect the materials you'll need for your application, which may include your academic records, reference letters, a personal statement or statement of purpose, a résumé or curriculum vitae (CV), and any additional materials the school requires.
- Complete Common Examinations: Certain programs may mandate that applicants pass admission examinations or standardized tests like the CAT, MAT, or XAT. Get ready for the tests and plan your test day appropriately. Your application will be examined by the program's admission committee, which will consider your educational background, professional background, test results (if any), and other pertinent information.
- Interview: As part of the selection procedure, some programs could need interviews. If you are invited for an interview, be ready for the interview and show up on time. After accepting the admission offer, proceed with the course enrollment process as directed by the program. This might entail paying tuition, signing up for classes, and using online learning resources.
Educational Expenses for an online MBA in Project Management
- Course Cost and Tuition: Depending on the school and length of the program, the cost of tuition for an online MBA in project management in India can range from INR 50,000 to INR 5,00,000. Reputable organizations could have greater costs.
- Registration Fees: Generally, each application costs between INR 500 and INR 2,000
- Entrance Fees: A few thousand rupees may be required for some programs' enrollment or registration fees.
Is Enrolling in this Online MBA Program Worthwhile?
- Improved Career Possibilities: Across sectors, an MBA in project management may lead to leadership roles and higher-level project management jobs. It gives you the abilities and qualifications required to lead challenging projects and assume greater responsibilities.
- Enhanced Earning Potential:Recent graduates frequently get a large pay boost. Many pay studies indicate that people with an MBA usually make more money than people with only an undergraduate degree or other less specialized qualifications.
- Work-Life Balance: You may learn from anywhere and fit your coursework around your personal and professional obligations thanks to the flexibility of the online model. If you have other obligations or a full-time job, this is quite helpful.
Job Opportunities for MBA in Project Management
- Program Manager:Ensures that several connected initiatives are in line with the strategic objectives of the company. Program managers prioritize managing interdependencies and coordinating activities across projects.
- Project Coordinator: Assists project managers by managing scheduling, paperwork, communication, and administrative duties to guarantee seamless project operations.
- Risk Manager: They identify, evaluate, and reduce project-related risks. This position entails creating risk management plans and making sure legal and regulatory standards are met.
Leading Employers for Online MBA in Project Management
- Google: Google is well-known for its creative projects and exciting work atmosphere, and it provides project managers with lots of chances to work on leading-edge technological projects.
- Amazon:The company needs qualified project managers to oversee a variety of initiatives that support its extensive commercial activities, from e-commerce to cloud services (AWS).
- Pfizer: As a top pharmaceutical business, Pfizer employs project managers to supervise initiatives related to medication discovery, production, and distribution.
- Deloitte:This well-known consulting company hires project managers to oversee customer projects in a range of sectors, including technology, finance, and healthcare.
- Johnson & Johnson: This multinational healthcare organization is in need of project managers for initiatives including clinical trials, product development, and regulatory compliance.
- PwC: PwC project managers work on consulting assignments, offering customers in a variety of industries strategic counsel and project management.
Addmission Open for 2024
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