Corporations across the globe in industries such as telecommunications, construction, information technology, entertainment, healthcare, and defense are becoming increasingly project-based and project-team oriented. An MBA with a concentration in Project Management provides students with the skills necessary to lead complex projects for mid to large-size corporations. The program focuses on best practices for selecting, initiating, planning, executing, monitoring/controlling, and closing projects.
Students engage in the practical application of project management principles through team exercises and the use of current industry software. All project management courses at the MBA level follow the Project Management Body of Knowledge (PMBOK®) Fifth Edition standards set by the Project Management Institute (PMI®). You will possess all the requisite skills and abilities needed to both pass the PMP Certification Exam and excel in the field as a knowledgeable member of a project team.
The MBA Concentration in project Management is designed to incorporate flexibility for working professionals and is offered online so that the course may be conveniently accessed by students 24/7. This flexibility also allows for the student to deal with the duties of meeting family needs, maintaining a job, and other outside responsibilities yet have access to their course room when they have extra time.
Job creation in the project management field is very positive with growth rates being the highest in the healthcare industry. Project management roles are expected to increase by 30 percent in the healthcare industry (Hanover Report, 2013). Nationally, project management roles are expected to grow at a faster rate than the national average for all occupations (Hanover Report, 2013). The Bureau of Labor Statistics estimates that the job-growth rate will exceed 19 percent. The Hanover Report also estimated that the job growth rate for project managers and management analyst to exceed 29 percent (Hanover Report, 2013). The projected job growth rates of 19 percent and 29 percent represent a substantial increase and fully support the approval of the program. Lastly, the Hanover Report’s (2013) salary profile indicates that the average salaries of project managers range from $88,000 in Florida to $101,000 in Georgia with a national average of $92,000.
In almost every industry there are diverse stakeholder demands for project managers with strong foundational knowledge and significant depth in the skills and abilities developed in MBA Concentration in Project Management Program. The typical project manager is responsible for managing a program that prepares individuals to apply quantitative and qualitative knowledge, skills, tools, and techniques to manage projects in a wide range of fields and occupations. Includes instruction in project planning, risk management, cost and time management, contracts and procurement, accounting, statistics, decision making, and human resources. The strong skills and abilities that are acquired in the program open the door for employment in many diverse fields.