Project management has over the years evolved as a significant growth lever in the dynamic and changing landscape of the global economy. Project management professionals with their command to handle tasks and deliver outcomes for business success serve as assets for organizations. The fact that project management is involved in almost every aspect of a business emphasises its significance and high demand. As per a recent report, India by 2030 will require over 4.1 million workforce to fill project management roles and job positions. This confirms the high demand for courses like MBAs in Project Management and why this is a lucrative career choice for young candidates. In this post, let us give you the course details of MBA in project management, eligibility, and the scope of the program to help you make an informed career choice.
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Overview of Online MBA in Project Management in India
An Online MBA in Project Management is a 2-year postgraduate program that helps young graduates and working professionals to access and excel in the field of project management. Project management plays a key role in the success of a business. Every organization across sectors needs managers to manage projects through effective planning, strategizing, and implementation. An online MBA in Project Management equips candidates with all the required skills and know-how to excel in this field and meet the demands of recruiters. It also allows them the flexibility to continue other roles and responsibilities such as a job.
Course Details of Online MBA in Project Management
Here are the course details of the online MBA in Project Management:
Syllabus of Online MBA in Project Management
Below are the semester-wise details of the Online MBA in Project Management syllabus:
Eligibility Criteria of Online MBA in Project Management
- Students must complete a bachelor’s degree in any discipline from a recognized university with 40 - 50% marks.
- Applicants must possess sufficient knowledge and understanding of the English Language.
- Working professionals with experience in this field are also eligible.
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Scope of Career After an Online MBA in Project Management
India’s economy is experiencing growth and diversification across industries leading to a surge in the number of professionals with expertise in project management. This enhances the extensive scope of Online MBA in Project Management. Moreover, since project management plays a key role across industries and sectors, management graduates in India are finding wide opportunities in this field. An MBA in Project Management gives candidates the scope to lead in a variety of job roles in their careers as mentioned below.
Career Opportunities After an Online MBA in Project Management
Below are some roles and responsibilities that Project Management MBAs can perform:
1. Project Analyst:- Average Salary Range: Rs 5 lakh - Rs 8 lakh per annum
2. Project Leader:- Average Salary Range: Rs 14.9 lakh - Rs 25 lakh per annum
3. Project Procurement Manager:- Average Salary Range: Rs 10 lakh - Rs 23 lakh per annum
4. Project Manager:- Average Salary Range: Rs 8 lakh - Rs 24.2 lakh per annum
5. Project Risk Manager:- Average Salary Range: Rs 22.2 lakh - Rs 23.9 lakh per annum
6. Project Scheduler:- Average Salary Range: Rs 2.1 lakh - Rs 12.8 lakh per annum
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Conclusion
Globally, businesses are identifying the decisive significance of project management in driving organizational innovation and success, the demand for skilled project management professionals has soared high. An MBA in Project Management is an effective way for students and working professionals to acquire in-depth knowledge of the essential project management concepts in theory as well as practically. This makes the apparent choice of an MBA in Project Management the best for candidates for a lucrative career.
The best thing about an online MBA is that the existing workforce can also acquire enough skills through this program to add value to their job roles. With Amity University Online’s MBA programs, you can take the first step to reaching your career goals in this field. Amity Online is India’s leading research and innovation-driven institution offering a range of online undergraduate and postgraduate programs in different domains. Learn more at the Amity Online Portal.
