MBA in Project Management Highlights

About MBA in Project Management

The full form of MBA is a Master of Business Administration. It is a Post Graduate degree which helps in becoming business experts. It is one of the most popular qualifications and is widely recognized in India. It was first discovered in the USA during the late 19th century. MBA provides training and develops the learners with the essential crafts to be strong leaders, managers and administrators.

What Does a Project Mean?

A project is undertaken to fulfill the particular aims of a company. It can be both long -term or short-term. Each project brings new opportunities and various sets of tasks to accomplish. For the completion of the project and these tasks, the company requires a management team. Project Management helps an organization or an individual to solve various complex problems.

The management team is accountable for placing together the business plans and ensuring the company's objectives are met.

What does Project Management mean?

Project management includes the preparation and development of a company's resources to move a particular task, event, or service towards completion. It applies accurate knowledge, methods, tools and abilities to meet the requirements of the project.

Eligibility Criteria

The most basic necessity to do an MBA program is to get a Bachelor's degree in any respective field. A minimum of aggregate 55% marks is required in the Bachelor's degree from any recognised university. Students with a business background in education are preferred.

Although, few dual BA-MBA programs do exist but they often require severe entrances conditions and extraordinary academic history.

Admission Process

To get admission in a prestigious MBA school one must write a common entrance exam accompanied by a Personal Interview. Many Universities also consider the grades scored in Undergraduate Degree.

This entrance exam is commonly known as GMAT or CAT. Usually is considered one of the tough entrance exams to crack in India.

GD & PI are further followed by and are carried through the Management of the individual institutes.

To do an MBA in Project Management, one needs to get admission to a prestigious institution like the following :

MBA in Project Management Syllabus

MBA in Project Management College of India

1. L&T Institute of Project Management ( L&T IPM ) :

 Designed for perfection in Project Management, the L&T Institute was established in Vadodara in 2008. The Institute soon verified itself as a core of perfection in Project Management.

2. National Institute of Constructive Management and Research

Commonly known as NICMAR, is a non-profit administration Institute established in the year 1983 in Maharashtra. The Institute provides education in the field of Management and Construction Engineering. Also, it provides a platform for high-level research and practices through print and audiovisual media, discussions and workshops.

3. National Institute of Industrial Engineering ( NITIE ) :

NITIE is listed number one Institute for MBA in operations in the nation. Located at Mumbai, it is lined with the top IIM's and receives decent placement every year.

4. Swami Vivekananda Institute of Information Technology :

SVIT offers education in Engineering and Management courses at UG and PG level. It was instituted in the year 2004 and is ranked among the top 25 colleges for studying Management.

The eligible candidates can seek admissions in any of these colleges through an online or offline mode. They can also register themselves on their respective websites to get additional information.

Types of jobs after MBA in project manager

1.Project Manager :

A Project Manager is a professional who is in overall charge of planning and execution of a particular project. Project Manager has the responsibility of initiating, planning, designing, execution, monitoring and closure of a project.

2. General Manger :

A second career option for those with an MBA in Project Management concentration is that of general manager.

A General Manager is an official who helps in running the regular business exercises of a particular unit or firm.

3. Operation Manager :

An Operation Manager is more concerned with the working class of an organisation. It is responsible for the effective and strong management of labour, productivity, quality check and safety measures as built and set for the Operations Department.

4. Executive Officer :

An executive manager sets the vision and goals of his department, or the entire firm or organization. The most familiar type of Executive Managers is CEO( Chief Executive Officer), COO (Chief Operating Officer), CFO (Chief Financial Officer) and many more. Being an Executive Manager brings a lot of perks and rewarding experience as well as massive responsibilities along with it.

5. Project Analyst :

A Project Analyst is commonly known as a Business Analyst. A Project Analyst analyzes, reviews and records the necessities of a project throughout its lifecycle. He or she supports the entire project unit complete the plan within its planned scope, program and accounts.

6.Entire Costs:

The MBA can be an expensive degree. One must carefully perform financial planning. The tuition fees depend upon organisation to organisation and the duration of the programme. In India, it can cost starting from around 30,000 - 2,00,000 Rupees.

Besides all, if you think you can manage the business world well and can carry out an organisation's duties well enough, then this course might be the one for you!