Various universities in India offer this course, including Vidyavardhaka College of Engineering, Pune Institute of Business Management (PIBM), Arunodaya University, Parul University, MIT Art, Design & Technology University, RICS School of Built Environment and Amity University. 

Highlights 

Some of the most important features of the degree program named MBA in Project Management are mentioned below in the table such as course name, course level, duration and many other features. People interested in completing the degree program named Project Management can refer to the following information. 

Project management is the most important sector of the business that promotes the business and the commercial sector. Besides effective management of projects has been at the center of every growth and development process for business. The business skills such as leadership skills, management skills and communication skills are enhanced in the individual with the help of this program.

Project management is the process of planning, coordinating and directing the activities to achieve a particular goal. Project management assists in ensuring work is completed on time, within budget and in the appropriate manner. A project typically has a definite start and finish and it is accomplished to produce something new, such as a product, service, or outcome. The individual in charge of a project is referred to as a project manager. This individual ensures that the team operates harmoniously and that everything remains on course. Project management involves establishing goals, creating a plan, allocating work, time management and monitoring progress.

It also involves addressing issues, keeping the team on track, and communicating with everyone involved. There are various steps of project management: beginning the project, planning, executing the project, reviewing how it's progressing, and closing it once it is completed. Effective project management prevents teams from wasting time and money. It is applied across various industries such as construction, software development, marketing, and healthcare. 

Teams can use project management to collaborate more efficiently and achieve good outcomes. In other words, project management ensures that a task is executed well at the right time and in the best manner possible.

Benefits of an MBA in Project Management 

Some of the desired benefits that are acquired by the students who complete a degree of management in Project Management are that Project Management graduates have different job prospects available to them in various sectors ranging from construction, healthcare, IT, finance, marketing and many others. Potential jobs for the students are project coordinator, project specialist, project scheduler, project analyst, project manager and many others. A degree in project management offers flexibility in career choice to the student. 

This degree offers flexibility and convenience to graduate students making it a perfect choice for students who are juggling between their personal and professional responsibilities. The growing recognition of the field of project management also adds to the belief that project management can prove to be a fulfilling career choice for students nowadays. The salary potential is usually high and students are offered well-paying jobs after completing the degree program in project management. The salary of the professionals could rise or fall depending on industry, location and experience of the professionals. 

Students with this degree will be expected to study a wide range of topics under the degree of MBA in Project Management. These subjects include project planning, risk management, quality control supply chain management and many others. Such topics are meant to impart to students the skills and knowledge that are required in actual project management endeavors. 

Project planning and scheduling are one of the main skills that students acquire because project planning is the foundation of the project management cycle. Through this skill, students can schedule the projects by calculating the budget and expenses of the project. The other skills which are acquired by the students the technical skills such as HTML, C etc. The technical skill can take the student from the mediocre to the expert level. 

The other skills include cost management, where the students acquire the skill to plan and establish the budget of the project. Some of the skills, like risk management, are acquired by the students, which helps them to establish a risk management strategy before the project is carried out to recognise, evaluate and manage the risks. Team management is one of the main skills that is also acquired by the students, where students learn to work intact with the teams. 

Eligibility

The admission criteria for the MBA in Project Management are discussed below:

• Students should have a bachelor's degree. This degree can be in any discipline from any recognized university. A 50% or equivalent CGPA or more passing percentage is needed for admission.

• For students under the reserved category ( OBC/SC/ST) 5% relaxation is offered from the required 50% percentage. 

• Students can apply in their final year after submitting a no-objection certificate from the principal of their college.

• For top universities score of 60% or more is required for admission

• A good score in the entrance exams is needed for those who wish to get admission to top colleges. 

Admission Process

The steps for the admission process for an MBA in Project  Management are as follows:-

• Students must fulfill the admission criteria mentioned above.

• Few of the colleges/ universities have criteria that demand at least one year of relevant experience. Experience is important to understand management studies. The individuals can acquire the skills better for their advancement in the future.

• Students need to pass entrance exams like CAT, XAT, CMAT, SNAP, GMAT and other private university-based examinations depending on the requirements of different universities. Depending upon the cut-off or the score admissions will be provided in this course. 

• All invited candidates must complete the online or offline admission form and attach all required papers, including their Aadhar card number, proof of address proof of residency grade sheets 10 and 12 and graduation grade sheet.

• After clearing the entrance exams needed by the respective universities students need to appear for the group discussion round and the personal interview round. These rounds are conducted to assess student’s communication skills and problem-solving abilities.  

• The final selection in the universities is based on the overall score, which is calculated based on the entrance exam score GD/PI performance and work experience. 

• Results of the entrance exam and interview are the basis of admission into the MBA program in entrepreneurship management. 

• Document verification can be done by the students before paying the costs and then they can enroll in the classes.

The curriculum for an MBA in Project Management course teaches the students how to plan, lead and accomplish a company’s most desired goals. This degree program provides skills and knowledge to the students that will prove to be essential to stand out in the job market. Thus, a wide range of employment opportunities are available with significant prospects in a variety of industries across various sectors including construction and information technology. MBA in Project Management covers topics such as Introduction to Project Management, Project Planning and Scheduling, Project Finance and Budgeting, Managing Human Resources in Projects, Quantitative Methods in Project Management, Project Risk Management, Project Quality Management and Contracts Management in Projects. Fundamentals of Project Management, Operations Management, Business Research Methods, Financial Management, Project Finance, Project Evaluation, Organisational Behavior, Marketing Management and many others.

Career Prospects 

India as well as the whole world’s economy is experiencing growth and diversification across the different sectors leading to an increase in the need for skilled professionals specialised in the field of project management. After completing the degree in project management the graduates will have achieved critical awareness of business opportunities and issues and will be able to come up with effective strategies for continued professional development as well as an acute awareness of the needs that ensure the sustainability and development of the organization. The program is based on developing successful business postgraduates whose knowledge will drive strategic business decisions.

Colleges with specialisations in Project Management/ Specialised PGDM/MBA in Project Management- Fees

The colleges mentioned below are the ones that offer an MBA in Project Management. The table mentions the name of the Program the duration and the fees may vary from one college to another. Students interested in this program must go through the table to know about various colleges and choose the best one for themselves.

Colleges with specialisations in Project Management/ Specialised MBA/PGDM in Project Management: Average Package

Future Scope 

An MBA in Project Management offers a promising and bright future with significant career prospects and growth potential. The field of project management is highly sought after with a growing and increasing demand for skilled project managers across the globe. Graduates after graduating with a degree in project management can find job roles in project leadership, consulting, entrepreneurship and more with the potential for higher salaries and career advancement.

An MBA in Project Management is the optimum means to acquire the knowledge and skills needed by professionals in the industry. The best reason why this field is in high demand nowadays is that it will contribute to your professional development and broaden your career opportunities. The degree named MBA in Project management will allow the professionals to work on projects involving critical thinking, problem-solving and analytical skill sets and such projects are in high demand right now. 

Project management has a high scope as applicants will also get a chance to work on live projects with different organizations like government departments, schools, etc, which will enable them to establish good bonds with their clients and employers. Professionals earn to plan and execute projects in an efficient manner, which will enable the person to prioritize tasks, manage resources and keep their team on target towards the objectives of the project at hand. Project management can help people land in job profiles with a handsome package 

Conclusion

Around the world companies are realizing the importance of project management in fueling organizational innovation and success. The need for qualified project management professionals has skyrocketed. An MBA in Project Management is a successful method for working professionals and students to gain comprehensive knowledge of the fundamental project management concepts theoretically as well as practically. This renders the seemingly obvious choice of an MBA in Project Management the most suitable for applicants for a high-paying career. Therefore there are numerous opportunities for those looking to further their careers in Project Management. Project management careers include planning, monitoring, and completing a project within time and budget. A project manager or multiple project managers serve as a team to achieve the desired objectives.