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Why Pursue a Career in Project Management?

One of the fastest growing fields today is the occupation of project management. It is a field with a high focus on a combination of business and IT. Those considering a project management position based on being a business undergraduate may find that they are lacking some of the crucial IT skills required to fulfill the job role. Their background suggests that they will not have an intuitive feel for the complexities involved in IT projects, which are by far the most difficult types of projects that benefit and even depend on project management principles. However, individuals who have an IT background and a master’s of science in project managementprovide a unique combination of skill sets that make them highly marketable throughout the IT community.

What is a Master’s in Project Management Like?

A master’s program in project management will normally take around two years to complete if you attend the program full time. Because many master’s students are already professionals with full-time jobs, the majority of programs will allow master’s students to attend part time as well as full time. Of course, if you are attending the program part time, it will take longer than two years.

When you are selecting a school, the most basic requirement is to be sure that the college you are considering is accredited. You also want to be sure that the program is approved by the Project Management Institute. Next, you need to consider the reputation of the school as well as the educational delivery methods the school uses. For example, such prestigious universities as George Washington University and Penn State offer both on-campus and off-campus programs. Off campus programs are usually taught, tested and completed on-line. While some people may be uncomfortable with an on-line format, IT professionals will not have any problems. Finally, you need to take costs and the availability of financial aid into account. Some schools will, of course, be more expensive than others.

What is the typical curriculum of a Master’s in Project Management?

The typical project management curriculum will teach you the basic components and processes used in project management, then focus in on the three main components of any project: time, cost and scope. In addition, most Master’s programs will provide you with graduate level management and other business courses. At the end of your program, you most likely will be asked to prepare a thesis or project to complete your degree.

What requisites do I need to attend a Master’s in Project Management?

Most Master’s programs will require their students to have a bachelor’s degree from an accredited university and at least 12 years of work experience. GMAT test scores are also required, as is an English language proficiency test such as TOEFL for international students. Applicants will also typically be asked for numerous professional recommendations, if you are not already an employee of a sponsoring partner.

Who Should Consider Master’s in Project Management?

Even with regard to IT projects, project management requires a leader to manage the resources, people and time available to him or her to complete the program successfully. If you do not care to be in a management role, then project management is probably not for you. Flexibility to adapt to changing conditions as well as the ability to organize the corporations efforts efficiently are also good traits for project managers to have, although such skills can be acquired.

What Are the Career Opportunities in Project Management?

Project management professionals, especially those with advanced degrees, are in great demand right now, which means that you will have multiple career opportunities. According to the 2013 PMI Project Management Salary Survey, the USA comes in third in the list of countries with top salaries for project management with a median of $108,000.