Edited By Julian Palacio
Review & Contribution By Emily Johnson
Elevate your project management skills with a Master’s in Project Management Online. Master tools and strategies to drive success, manage complexity, and achieve outstanding results across diverse industries.
Project management involves planning, executing, and overseeing projects to achieve specific goals within constraints like time, budget, and resources. A master’s in project management online equips students with the skills and knowledge to effectively lead and manage projects in various industries. This advanced degree program focuses on key areas such as project planning, risk management, cost control, and stakeholder communication. Students gain a deep understanding of project lifecycle, methodologies like Agile and Waterfall, and tools used in project management. With a blend of theoretical knowledge and practical application, graduates are prepared to tackle complex projects, ensuring they are completed on time, within budget, and to the desired quality standards. This degree is ideal for professionals aiming to advance their careers and lead successful projects across diverse sectors.
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Featured Online Programs
Find the Best Master’s in Project Management Online Programs
Since project management is a thriving profession in high demand, finding the best Master of Science in Project Management programs can be challenging. Look for accredited colleges with well-trained, experienced faculty, a favorable student-teacher ratio, and excellent value for money. These factors ensure a quality education that equips graduates with the skills needed for successful project management careers. Based on several critical components and our proprietary methodology, here is the list of the best master’s in project management online programs (not arranged by ranking):
Univ | Address | Tuition | Grad Rate |
University of Southern California | University Park, Los Angeles, California 90089 | $66,640 | 92% |
Universities and programs are ranked by various factors, such as affordability, curriculum and coursework, reputation and availability, program length, statistics, the potential of employment, and return on investment for the students. For a more in-depth analysis, please read about our rankings methodology page.
What to Expect from a Master’s in Project Management Online Program
A master’s in project management online provides comprehensive training in project planning, execution, and leadership. Students explore risk management, budgeting, stakeholder communication, and project methodologies. Typically, the program requires around 30-36 credits and can be completed in 1-2 years, depending on full-time or part-time enrollment. The curriculum combines theoretical knowledge with practical applications, often including case studies and real-world projects. Additionally, many programs offer opportunities for internships and networking with industry professionals. Graduates are well-prepared to lead diverse projects, ensuring they meet organizational goals efficiently and effectively.
Curriculum and Coursework
The curriculum and coursework for a master’s in project management online emphasize theoretical foundations and practical applications. Students engage in various learning experiences, including lectures, case studies, and hands-on projects. The program covers essential aspects of managing projects, such as planning, execution, and monitoring, while also focusing on leadership and communication skills. Across degree types, core subjects in an online MS in Project Management are similar but may vary by college and program. This comprehensive approach ensures graduates can handle complex project challenges in diverse professional settings.
Project Management
This course explores modern project management through an enterprise-level, experiential view, linking projects to organizational mission, vision, and values. Students apply essential tools and techniques via case-based group work, addressing real-world issues. The course covers scope, schedule, cost, risk, quality, and communications, incorporating Agile frameworks, sustainability, and Benefits Realization Management.
Project Communications and Leadership
This course emphasizes the crucial role of leadership and communication in project success. It enhances project managers’ abilities to inspire and motivate teams. The course covers self-awareness, motivation, conflict management, negotiation, and Agile principles. Students gain practical tools and templates for improved team collaboration and communication, addressing contemporary issues like ambiguity, complexity, and sustainable project management.
Quantitative and Qualitative Decision-Making
This course enhances business problem-solving and managerial decision-making using various tools and techniques. Students learn decision analysis, data collection, probability distribution, and prediction methods. The course combines theoretical concepts with practical application through case studies and business simulations, providing a comprehensive understanding of decision-making processes in different management areas.
Principles and Best Practices in Project, Program, and Portfolio Management
This course, typically taken towards the end of a master’s program, emphasizes independent research on emerging trends and unique methodologies. Under instructor supervision, students explore advanced project management topics, contributing to original research and enhancing their practical and theoretical knowledge.
Learning Outcomes and Skills Gained
An master’s in Project Management equips graduates with a comprehensive understanding of project management principles and methodologies. Learning outcomes include effectively planning, executing, and overseeing projects, ensuring they align with organizational goals. Students develop strong leadership and decision-making skills, enabling them to handle complex projects and navigate challenges. The program also enhances their capability to communicate and collaborate with diverse teams, ensuring successful project delivery within scope, time, and budget constraints. Upon completing the program, students gain the following skills:
- Acquire a deep understanding of project management frameworks and methodologies, enabling effective project oversight from start to finish.
- Learn to develop detailed project plans, including scope, schedule, and resource allocation, to ensure alignment with organizational goals.
- Gain skills in executing and monitoring projects, ensuring they stay on track and adapt to changes as needed.
- Enhance leadership capabilities to effectively manage and motivate project teams, fostering a collaborative and productive work environment.
- Develop advanced decision-making abilities to tackle complex problems and make informed choices that impact project success.
- Learn to identify, assess, and mitigate risks, ensuring project stability and minimizing potential disruptions.
- Improve communication skills for effective interactions with stakeholders, team members, and other key players.
- Gain techniques for resolving conflicts and managing disagreements within project teams, promoting a positive work atmosphere.
- Master skills in managing project budgets and resources, ensuring projects are completed within financial constraints and with optimal resource use.
- Build the ability to adapt project strategies and methods to evolving industry trends and organizational needs, maintaining relevance and effectiveness.
Types of Master’s in Project Management Online Students Can Obtain
Online students pursuing a master’s in project management can typically choose between a Master of Science (MS) or a Master of Business Administration (MBA) with a project management concentration. The MS focuses on technical aspects such as risk management, scheduling, and project methodologies, while the MBA emphasizes leadership, strategy, and business operations. Both degrees prepare students to manage complex projects, but the choice depends on whether the student prefers a more technical or business-focused approach.
MS in Project Management
An MS in Project Management equips students with specialized skills in planning, executing, and overseeing projects across industries. The program emphasizes methodologies like Agile and Waterfall, risk management, budgeting, and stakeholder communication. Graduates are prepared to lead complex projects efficiently, ensuring they meet deadlines, stay within budget, and achieve desired outcomes.
MBA in Project Management
An MBA in Project Management combines project management principles with broader business strategies, focusing on leadership, finance, and organizational management. Students learn how to lead projects while aligning them with business objectives. The program covers risk management, budgeting, and strategic planning, preparing graduates to manage projects and drive business success in diverse industries.
Areas of Specialization for Master’s in Project Management Online
Specialization within a master’s in project management online program allows students to focus on a specific area of interest, tailoring their education to align with career goals. This targeted approach enables students to develop expertise in niche fields, enhancing their skills and knowledge relevant to their desired industry. Students can position themselves as specialists by concentrating on particular aspects of project management, increasing their marketability and potential for career advancement in competitive job markets. Here are some specializations that students of a master’s in project management online can pursue:
Area of Specialization | Description | Career Options |
---|---|---|
Project and Portfolio Management[1] | This specialization focuses on managing multiple projects and aligning them with organizational goals. Students learn to prioritize, balance resources, and assess risks across projects. This specialization equips individuals with the skills to optimize project portfolios, improve decision-making, and enhance overall business performance in dynamic environments. | Portfolio Manager Program Manager Project Management Office (PMO) Director Strategic Project Manager |
Construction Management | This specialization prepares students to oversee construction projects from inception to completion. It covers project planning, cost estimation, scheduling, and risk management. Students gain expertise in managing resources, coordinating with various stakeholders, and ensuring projects meet safety and quality standards, equipping them to handle the complexities of the construction industry. | Construction Project Manager Site Manager Construction Estimator Construction Superintendent |
Transportation Management | This specialization focuses on planning and managing transportation projects, including infrastructure development and logistics. Students learn about project planning, traffic systems, supply chain management, and regulatory compliance. This specialization equips students with the skills to manage large-scale transportation initiatives, ensuring efficiency, safety, and sustainability in the movement of people and goods. | Transportation Planner Logistics Manager Supply Chain Manager Fleet Manager |
Real Estate Development | This specialization focuses on managing real estate projects from concept to completion. Students learn about project financing, land acquisition, regulatory approvals, and construction management. This specialization equips them with skills to oversee residential, commercial, and mixed-use developments, ensuring projects meet financial goals, comply with regulations, and align with market demands. | Real Estate Project Manager Property Developer Real Estate Analyst Asset Manager |
Business Management | This specialization enhances skills in managing business projects, focusing on strategic planning, resource allocation, and performance evaluation. Students learn to align projects with organizational goals, improve operational efficiency, and lead cross-functional teams. This specialization prepares graduates to handle diverse business initiatives, drive growth, and optimize project outcomes in various industries. | Business Development Manager Operations Manager Management Consultant Project Coordinator |
Full-Time and Part-Time Programs
Full-time master’s in project management online programs usually take 1-2 years to complete, offering a focused, immersive experience. Part-time options extend to 2-3 years, catering to working professionals by balancing studies with job responsibilities. Accelerated programs provide an intensive path, allowing completion in 12-18 months. Course timelines vary between colleges, so reviewing specific program details is important to understand the duration and structure offered. Here’s a summary of completion timelines for the master’s in project management online:
- Full-Time Programs: Typically completed in 1-2 years.
- Part-Time Programs: Usually take 2-3 years to complete.
- Accelerated Programs: Can be completed in 12-18 months.
Accelerated Master’s in Project Management Online
Accelerated MS in Project Management programs are designed for students seeking to complete their degree in a shorter timeframe, typically 12-18 months. These intensive programs offer a fast-tracked curriculum, allowing students to quickly acquire advanced knowledge and skills. By compressing the coursework and increasing class intensity, accelerated programs help students rapidly advance their careers, enhance their qualifications, and enter or re-enter the workforce with specialized expertise sooner than traditional programs. Here are a few institutions that provide an accelerated master’s in project management online program:
Requirements for Getting into a Master’s in Project Management Online
When it comes to admission to a reputed institution, the requirements will be stricter. There could be similar criteria for a master’s in project management online, but they may vary between programs. Generally, institutions evaluate a combination of academic background, professional experience, and other qualifications to ensure candidates meet the standards for success in advanced project management studies. Reviewing specific program details is essential to understand the exact criteria required. Here is a list of some of the common admission requirements for a master’s in project management online Program:
- Bachelor’s Degree: An undergraduate degree from an accredited institution, often in a related field.
- Transcripts: Official academic transcripts showing a strong academic record.
- Professional Experience: Relevant work experience, particularly in project management or related roles.
- GPA: Minimum GPA requirement, often around 3.0 or higher.
- Resume/Curriculum Vitae: A detailed resume outlining professional experience and achievements.
- Statement of Purpose: An essay or statement explaining career goals and reasons for pursuing the degree.
- Letters of Recommendation: Typically, 2-3 letters from academic or professional references.
- GMAT/GRE Scores: Some programs may require standardized test scores, though this can vary.
No GRE Master’s in Project Management Online
Only a few institutions demand the GRE (Graduate Record Examination) for admission. The GRE assesses analytical writing, quantitative reasoning, and verbal reasoning skills, aiding universities in evaluating academic readiness. A strong GRE score can strengthen an application. However, many universities have started waiving GRE requirements, focusing instead on holistic assessments that consider professional experience, academic records, and other qualifications, reflecting a more comprehensive approach to admissions. Here are some universities offering No GRE master’s in project management online programs:
How to Ensure a Master’s in Project Management Online Is Accredited
Accreditation is an endorsement by a recognized accrediting body that ensures an institution or program meets established quality and educational standards. It helps students by validating that the education provided is rigorous and reputable. Accreditation can enhance the value of a degree, making it more respected by employers and facilitating credit transfers. It also ensures that the program adheres to continuous improvement practices and offers quality education aligned with industry standards. A master’s in project management online is typically accredited by organizations such as:
Universities can also be accredited nationally or by one of six regional accrediting agencies:
- New England Commission of Higher Education (NECHE)
- Middle States Commission on Higher Education (MSCHE)
- Higher Learning Commission (HLC)
- Southern Association of Colleges and Schools Commission on Colleges (SACSCOC)
- Northwest Commission on Colleges and Universities (NWCCU)
- Western Association of Schools and Colleges (WASC) Senior College and University Commission (WSCUC)
Where to Find Free Online Courses for Master’s in Project Management Online Students
There are many free online courses offering valuable learning opportunities without financial commitment. However, these free courses are not complete degree programs; their certificates are typically viewed as participation acknowledgments rather than accredited qualifications. While they provide useful knowledge and skills, they do not replace formal education or professional certification programs recognized and valued by employers and academic institutions. Here are a few free online courses that students can explore:
Course | Description | Provided by |
---|---|---|
Diploma in Project Management[7] | This course provides a comprehensive overview of project management principles, covering all essential phases of the system development lifecycle: analysis, planning, design, and evaluation. The course focuses on practical project management methodology, preparing students to manage projects effectively. It is ideal for individuals aiming to complete projects efficiently, on time, and within budget, offering a solid foundation for success in the project management industry. | Alison |
Construction Management Procedures[8] | This course offers a thorough understanding of managing construction projects, covering stages from securing contracts to execution and control. It includes planning, design, costing, scheduling, quality management, effective contract negotiation, and stakeholder communication. Students gain essential skills for successful project delivery and industry insight by the end. | Alison |
Engineering Project Management[9] | This course offers a thorough grounding in project management tailored for engineering projects. It covers essential practices and strategies to ensure success and competitiveness in the field. Suitable for fresh engineering graduates, project management students, and current professionals, this free online course enhances skills in managing engineering projects effectively. | Alison |
Ways to Pay for a Master’s in Project Management Online
Management courses can be costly, leading to hesitation among students due to financial concerns. To mitigate student debt, exploring alternative funding methods is essential. Students should investigate various financial strategies and resources to make higher education more feasible. Effective planning and resource management can help balance the cost of pursuing a master’s in project management online. Here are a few ways students can fund their program:
Scholarships are financial aid provided to students based on various criteria such as academic achievement, financial need, or specific talents. They help reduce the cost of education, making it more accessible and less burdensome. Scholarships can come from schools, organizations, or private donors.
Grants are financial aid that do not need to be repaid. They are often awarded based on financial need, academic performance, or specific criteria the granting organization sets. Grants help cover educational expenses, such as tuition and books, making higher education more affordable.
Student Loans
Student loans are borrowed funds that students use to pay for education-related expenses. Unlike grants and scholarships, loans must be repaid with interest. They can come from federal or private lenders and typically have varying terms and repayment plans. Student loans help bridge the gap between the cost of education and available financial resources.
Graduate Assistantships
Graduate assistantships are positions offered to graduate students that provide financial support and professional experience. Students assist with teaching, research, or administrative tasks in exchange for a stipend or tuition remission. These roles offer valuable experience and can help offset the costs of graduate education.
FAFSA, or the Free Application for Federal Student Aid, is a form used to determine a student’s eligibility for financial aid from the U.S. federal government. It assesses financial need and helps qualify students for grants, loans, and work-study programs. Submitting the FAFSA is a crucial step in accessing various financial assistance for higher education.
Scholarships for Master’s in Project Management Online Students
Scholarships are available for most programs, which can save a considerable amount of money. For MS in Project Management students, numerous scholarships are tailored to support their educational journey. Universities, professional organizations, and private foundations may offer these. Scholarships can be based on academic merit, leadership potential, or specific project management interests, easing the financial burden and making advanced education more accessible for aspiring project managers. Here are a few examples of a scholarship available for master’s in project management students to explore:
Scholarship | Description | Award/Amount | Application Deadline |
---|---|---|---|
PMI Educational Foundation Scholarships[10] | PMI Educational Foundation Scholarships provide financial assistance to students pursuing degrees in project management or related fields. Funded by the Project Management Institute, these scholarships support academic and professional development, helping students gain essential skills and advance their careers in project management. | Varies | May annually |
Dr. Harold Kerzner Scholarships[11] | The Dr. Harold Kerzner Scholarships, sponsored by the Project Management Institute Educational Foundation, support students pursuing degrees in project management. Named after a renowned expert in the field, these scholarships recognize academic excellence and potential, helping recipients advance their education and careers in project management. | $7500 | May annually |
Career Opportunities and Salaries After Graduating
Graduating with an MS in Project Management opens diverse career opportunities across various industries, including technology, healthcare, finance, and construction. Professionals in this field are in high demand due to their expertise in managing complex projects and driving organizational success. Salaries for graduates can be lucrative, reflecting the critical nature of their skills. Compensation typically includes competitive base salaries, with potential for bonuses and benefits, rewarding the strategic and leadership roles they undertake. Here’s a list of potential career paths for students graduating with a master’s in project management online:
Occupation | Skills Required | Median Annual Salary | Job Growth (up to 2032) | Job Description |
---|---|---|---|---|
Project Controls Manager[12] | Communication, interpersonal, team-handling, and problem-solving skills. | $153,630 | No Data Available | A Project Controls Manager develops and implements standardized controls to manage various projects’ budgets, scheduling, and quality. They establish policies to identify and mitigate risks, create methods for estimating, procurement, accounting, and reporting, and address cost, scope, and supplier performance. They also guide project managers. |
Project Accounting Manager[13] | Communication, interpersonal, and problem-solving skills. | $131,249 | No Data Available | A Project Accounting Manager leads a team of accountants to monitor project financial performance. They oversee the creation and maintenance of project accounts, ensuring timely postings, allocations, accruals, and payments. They review monthly project status reports to ensure accuracy and completeness before project reviews. |
Project Management Supervisor[14] | Communication skills, business acumen, problem-solving, and team-handling skills. | $110,782 | No Data Available | A Project Management Supervisor oversees project managers and support teams, ensuring adherence to schedules, milestones, and quality targets. They provide guidance, training, and resources for successful project delivery and enforce standards. They also facilitate problem-solving and resourcing. This role typically requires a bachelor’s degree and may require project management certification. |
Director of Project Management[15] | Communication, interpersonal, organizational, problem-solving, and team-handling skills. | $176,201 | No Data Available | Emergency management directors develop and implement plans for responding to natural disasters and emergencies, aiming to minimize risk to people and property. They coordinate with public safety officials, nonprofits, and government agencies, organize training, assess damage, and manage resources. They also secure federal funding, review and revise emergency plans, and ensure compliance with regulations. |
Certifications and Licensing for Master’s in Project Management Online
Certifications are a valuable enhancement to an MS in Project Management, demonstrating a candidate’s specific expertise, skills, and knowledge to employers. These credentials can make securing specialized roles in the broader project management field easier. While licenses for practicing project management are generally not required, some sensitive government projects may need one. Here are a few certifications that graduates of a master’s in project management online can pursue:
Certified Project Manager[16]
The Certified Project Manager (CPM) certification validates a professional’s expertise in managing projects effectively. It demonstrates proficiency in planning, executing, and closing projects, ensuring they meet goals and deadlines. Earning a CPM enhances career prospects, showcasing the holder’s commitment to excellence and competence in project management.
Project Management Professional[17]
The Project Management Professional (PMP) certification, offered by the Project Management Institute (PMI), validates a professional’s ability to manage projects effectively. It demonstrates advanced knowledge and experience in project management methodologies, improving career prospects and earning potential. PMP is highly regarded and widely recognized across industries.
Certified Associate in Project Management (CAPM)[18]
The Certified Associate in Project Management (CAPM) certification, offered by PMI, is designed for entry-level project managers. It validates foundational knowledge of project management principles and practices. Earning CAPM demonstrates a commitment to the field and provides a solid foundation for advancing to more advanced project management roles.
Additional Resources for Master’s in Project Management Online
After graduation, students must prioritize learning beyond textbooks to broaden their knowledge and expertise. Joining professional associations offers students invaluable resources and opportunities to enhance their knowledge. These memberships provide access to industry publications, seminars, workshops, and conferences. By connecting with peers and professionals, students can engage in discussions, share ideas, and gain insights from experienced practitioners. This continuous interaction and exposure to real-world applications deepen understanding and foster professional growth. Here are a few resources that master’s in project management online students can explore:
Title/Resource | Description |
---|---|
Association for Project Managers | The Association for Project Management (APM) is a leading professional body for project managers. It offers resources like certifications, training, events, and publications to enhance skills and knowledge. APM promotes best practices and fosters a community for networking and professional growth in project management. |
Project Management Institute | The Project Management Institute (PMI) is a globally recognized professional organization for project managers. It offers certifications like PMP and provides resources, tools, and networking opportunities. PMI promotes best practices and continuous learning through its publications, events, and community engagement, supporting career advancement in project management. |
International Association of Project Managers (IAPM) | The International Association of Project Managers (IAPM) offers globally recognized certifications and resources for project managers. It promotes best practices and provides training, networking opportunities, and professional development. IAPM supports project managers in enhancing their skills and knowledge, fostering a global community dedicated to excellence in project management. |
International Project Management Association (IPMA) | The International Project Management Association (IPMA) is a global network promoting professional project management through standards, training, and certification. IPMA connects project managers worldwide, fostering excellence and innovation. It offers competency-based certifications and facilitates knowledge exchange to enhance the effectiveness of project management practices globally. |
FAQs About Master’s in Project Management Online
What is a master’s in project management online?
A master’s in project management online is an advanced degree focusing on the principles and practices of managing projects. It covers areas like planning, execution, risk management, and leadership, equipping students with skills to oversee projects efficiently and align them with organizational goals.
How long does it typically take to complete a master’s in project management online?
Is it better to get a PMP certification than a master’s in project management online?
What can you do with a master’s in project management online?
How does the program stay updated with industry trends and advancements?
Why study a master’s in project management online?
Is a master’s in project management online worth it?
Citations:
Boston University Metropolitan College -Project and Portfolio Management
Boston University Metropolitan College
Boston University Metropolitan College (No GRE)
NYU School of Professional Studies
PMI Global Accreditation Centre
Construction Management Procedures
Engineering Project Management
PMI Educational Foundation Scholarships
Dr. Harold Kerzner Scholarships
Director of Project Management