Recently, we discussed what project management is and why project managers are so important. Here we’ll explore what you can do with a Master’s in Project Management.
As part of our discussion, we’ll explain what jobs a Master’s in Project Management prepares you for, we’ll review whether or not earning a Master’s in Project Management is truly worth it, and we’ll explain why you should consider earning your Master’s in Project Management online.
To start, earning your Master’s Degree in Project Management from an accredited institution is one of the best ways to prepare yourself for an exciting and successful career in this competitive field, especially if you’re interested in leadership or management positions.
Completing your master’s degree will give you a firm grounding in the foundational concepts, skills, and capabilities expected of efficient and effective project managers, while also enhancing your leadership and management skills so that you’re prepared for senior-level industry roles.
When you’ve finished reading this post, fill out our information request form to receive additional details about CSU Global’s 100% online Master’s Degree in Project Management, or if you are ready to get started, submit your application today.
What Jobs Does a Master’s in Project Management Make You Eligible For?
Earning your Master’s degree in Project Management will qualify you for many project management employment opportunities, including management and leadership-level positions.
As a trained project manager, you will also be able to pursue roles in different industries and at different types of organizations, including private or public corporations, nonprofit organizations, and state or federal government agencies.
The most typical job title for a recent graduate from a master’s degree program in this field is Project Manager, especially if this is your first time securing full-time, dedicated employment in the industry.
As a professional Project Manager, you’re likely to be tasked with responsibilities like:
- Establishing and achieving project objectives using effective techniques.
- Utilizing industry best practices during the planning and execution of projects.
- Analyzing project records to monitor and control projects you oversee.
- Minimizing time and cost overruns to manage resources efficiently.
You’ll also have the chance to apply for more niche roles and specialty positions, including several exciting and lucrative job titles, such as:
Project Management Specialists & Business Operations Specialists
The Bureau of Labor Statistics (BLS) doesn’t report job outlook figures for project managers, but they do report annual wages, and the May 2021 data shows that project management specialists earned a median annual wage of $94,500.
Individuals with a Master’s Degree in Project Management have the potential to be a great fit for a role as a project management specialist because the skills developed during their degree program translate directly to the day-to-day responsibilities and expectations for this position.
If you’re not interested in pursuing a more niche, specialist-type role in a field like IT or construction management, then simply serving as a general project manager could be the perfect fit for you, so be sure to keep an open mind when pursuing employment opportunities.
Computer and Information Systems Manager
Project management graduates with advanced IT and technical skills may want to pursue a career as a computer and information systems manager, where responsibilities are likely to include planning, coordinating, and directing computer-related activities in an organization.
This role is challenging and complex, but it’s an excellent position for people with project management skills and abilities, and it’s an excellent career option for anyone looking to secure lucrative employment in a growing industry.
In fact, BLS reports that computer and information systems managers earned a median annual salary of $159,010 as of May 2021, and BLS also projects employment for this job to grow 16% between 2021 and 2031, which is faster than the average rate of growth for all occupations.
If you’ve got a technical background and you’re interested in helping organizations plan, run, and maintain high-technology operations, then this role may be the perfect fit.
Construction managers are responsible for planning, coordinating, budgeting, controlling, and supervising construction projects, overseeing all project activities from initial conception to completion.
The work of a construction manager requires precise attention to detail, excellent organizational skills, exceptional planning capacity, and the ability to coordinate resources and develop and apply strategies.
This role can be intense and challenging, but that makes it more appealing to people with project management backgrounds.
Demand for construction managers is also projected to grow rapidly over the next decade, with BLS projecting an 8% growth in the employment of construction managers between 2021 and 2031.
As for salaries, construction managers tend to do quite well too, with the BLS reporting their median annual salary was $98,890 as of May 2021.
Is a Master’s Degree in Project Management Worth It?
Yes, it’s worth completing a Master of Project Management degree because it is one of the best ways to develop the knowledge and technical expertise required to find success in this competitive field.
Through the process of earning your degree, you’ll develop the theoretical understanding and practical experience required of project managers, such as:
- Analyzing project records to effectively monitor and control all elements of an organizational project.
- Helping to make crucial staffing decisions, ensuring each project has the resources it needs.
- Developing detailed project plans and managing budgets.
- Making effective resource management decisions, ensuring projects are completed on time and under budget.
Beyond the technical skillset that you develop, you can also list master’s degree credentials on your resume, which is a great way to grab more attention from hiring managers. Those academic credentials can inspire trust in your ability to handle mission-critical job functions commonly assigned to project managers.
No matter what specific role you choose to pursue in the field of project management, completing an online master’s degree program, like CSU Global’s Master of Project Management, is likely to improve your marketability and increase your chances of securing a competitive, rewarding role in the industry.
Can You Get an Accredited M.S. in Project Management Online?
Yes, you can get a regionally accredited Master’s Degree in Project Management online from CSU Global, an online university that’s not just regionally accredited, but also widely respected by industry professionals.
Our accelerated online Master’s program in Project Management was specifically designed to help students juggle their educational pursuits with existing work and family responsibilities.
Choosing to get your Master of Project Management online from CSU Global offers several advantages over traditional programs, including not needing to appear at any set times or locations for classes, getting access to monthly class starts, and accelerated eight-week courses.
Why Should You Consider Studying Project Management at CSU Global?
Enrolling in CSU Global’s online Master’s program in Project Management is one of the best ways to gain the foundational knowledge, skills, and credentials you need to achieve long-term success as a professional project manager.
Our master’s program is regionally accredited by the Higher Learning Commission and it’s also accredited by the Global Accreditation Center (GAC) for Project Management Education Programs, which means our students and alumni are granted substantial credit toward the experience requirement should they choose to pursue PMI certifications after graduation.
All of our program’s instructors have direct, recent experience in the field and our program was also specifically designed to prepare you to assume command of large-scale, organizational projects within a global workforce, ensuring that you have the training and skills needed to oversee project selection, direct teams of people, monitor resource levels, and create a total organizational perspective that goes beyond silo thinking.
This program holds several excellent rankings, including:
- A #1 ranking on Top 25 Online Master’s in Project Management from Best Masters Programs.
- A #4 ranking on Best Online Project Management Degree Programs from Intelligent.
- A #7 ranking on Top 10 Online Masters in Project Management from Online Course Report.
CSU Global itself is also widely regarded as an excellent institution for higher education, and currently holds several top rankings of its own, including:
- A #10 ranking for Best Online Colleges for ROI from OnlineU.
- A #1 ranking for Best Online Colleges & Schools in Colorado from Best Accredited Colleges.
- A #1 ranking for Best Online Colleges in Colorado from Best Colleges.
Finally, we offer competitive tuition rates and a Tuition Guarantee to ensure that your low tuition rate won’t increase as long as you remain enrolled as a student.
To get additional details about our fully accredited, 100% online Master’s Degree in Project Management please give us a call at (800) 462-7845, or fill out our Information Request Form.
Ready to get started today? Apply now!