Affordable Online Master’s Degrees in Project Management

Project management roles are as diverse as the people who fill them, with countless opportunities available to graduates of master’s in project management degrees. Many companies and industries require trained professionals to oversee short-term and ongoing projects. Project management is expected to remain in demand – especially with the expansion of roles in technology and healthcare. The field offers excellent salaries: of the 25 management occupations recognized by the Bureau of Labor Statistics, nearly half have median salaries that include six figures.

If you enjoy managing multiple moving parts, overseeing a diverse array of staff, and being able to call the shots, an online master’s in project management could be the perfect degree for you.

Online Master’s in Project Management Degree at a Glance

Fast Facts

Time to Complete Full-time students who take classes during the fall, spring, and summer can finish in one year, but most degree seekers take between one and two years.
Credit Hours The majority of master’s in project management programs require approximately 30 hours, meaning students should plan to take 10 credits per term to graduate in one year.
Concentrations
  • Construction Management
  • f

  • Transportation Management
  • Sustainability
  • Clinical Trial Design
  • Leadership
Accreditation Global Accreditation Center for Project Management Education; Association to Advance Collegiate Schools of Business
Additional Considerations During an online master’s in program management degree, students will likely be required to complete a capstone project during their final semester.

25 Affordable Online MBA in Project Management
Rank School Score Toggle Content
1

Missouri State University-Springfield

Value Score 8.31
Average Tuition $4,590
Percentage of Students in Online Programs 39%
Number of Online Programs 15
Part-time cost per credit hour $255

MSU-Springfield offers more than 30 online programs, including an online master's degree in project management that includes a core STEM (Science, Technology, Engineering, and Mathematics) education. The curriculum prepares students to meet customer satisfaction and global market demands as project management professionals. MSU-Springfield's program, which distance learners can complete entirely online, features two options: a 36-credit seminar track or a 33-credit thesis track. To graduate, students in both tracks must pass a comprehensive final examination.

Admission to the program is competitive. Applicants must provide undergraduate transcripts, GMAT or GRE scores (which may be waived with an undergraduate GPA of 3.0 or higher), a completed statement of purpose form, and a professional resume. All distance learners pay the same tuition rates, regardless of their state of residence. MSU-Springfield allows students to transfer credits equivalent to 30% of those required for their degree.


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2

Sam Houston State University

Value Score 7.99
Average Tuition $5,139
Percentage of Students in Online Programs 62%
Number of Online Programs 13
Part-time cost per credit hour $266

The third oldest university in Texas, SHSU was established in 1879 as a teacher training school. Located in Huntsville, the school features more than 40 online degree programs. SHSU's online MS in project management, a 36-credit program, ensures graduates are prepared to effectively manage project life cycles using the latest technologies and techniques. This master's in project management online, which does not require any on-campus participation, also readies students for Project Management Institute certification. Course topics include tools of project management, operations planning and control, and team leadership.

SHSU's fall and spring semesters last for 16 weeks; the university also offers two summer sessions. Distance learners can access all course content online through the Blackboard Learning Management System (LMS).

Online students are eligible for financial aid, and SHSU features a scholarship opportunity for distance learners in project management: the College of Business Administration Distance Learning Starter Scholarship. Program applicants must meet minimum undergraduate GPA and GMAT score requirements and must have three years of managerial experience.


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3

Liberty University

Value Score 7.46
Average Tuition $7,781
Percentage of Students in Online Programs 97%
Number of Online Programs 18
Part-time cost per credit hour $457

The largest Christian university in the world, Liberty boasts more than 12,000 on-campus students and more than 100,000 distance learners. The school's MBA in project management online provides instruction on subjects like business law, economics, and operations, while imparting knowledge of marketing and management practices for domestic and international projects. Additionally, the curriculum places an emphasis on applying ethics to management. Liberty's asynchronous, 45-credit MBA in project management consists of 33 credits of core courses and 12 credits of project management courses. The university allows students to transfer up to 50% of the credits required for their MBA, and may award credit for professional training. Most online courses last for eight weeks, while some last for 14 or 17 weeks.

Applicants must have a minimum undergraduate GPA of 3.0 and a minimum 15 credits of upper-level business courses. Those applicants without the 15 credits may be temporarily denied admission but placed into the MA in executive leadership program until they complete a specific three-credit, upper-level business course.


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4

University of Wisconsin-Platteville

Value Score 7.10
Average Tuition $7,640
Percentage of Students in Online Programs 83%
Number of Online Programs 6
Part-time cost per credit hour $424

UW-Platteville's online master's degree in project management endows distance learners with the diverse skills needed to successfully manage the time, budget, and scope of complex projects. Requiring students to complete 30 to 36 credits, the program includes courses on managerial accounting, consumer behavior, and applied statistics. UW-Platteville allows students to transfer up to 12 credits toward their degree and requires them to maintain a GPA of 3.0 or above in order to graduate. By taking nine credits per semester, distance learners can earn their degree within two years.

UW-Platteville delivers its online courses through the Desire2Learn LMS. Distance learners take most of their exams online, but may need to complete proctored exams at their local learning center. All students in this online master's in project management program pay the same tuition, regardless of whether or not they live in Wisconsin.


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5

Colorado State University-Global Campus

Value Score 6.92
Average Tuition $9,000
Percentage of Students in Online Programs 100%
Number of Online Programs 10
Part-time cost per credit hour $500

CSU-Global offers a fully online master's degree in project management that helps students hone their skills in business and technical areas, including planning, strategy, negotiation, conflict resolution, financial metrics, and managing contracts. The 36-credit curriculum emphasizes critical thinking and analytical skills, preparing students for the real-world challenges of project management. Graduates leave the program prepared to take the Project Management Professional (PMP) certificate exam.

CSU-Global grants awards of completion to students who finish series of courses in certain skill sets, such as strategic leadership in 21st-century project management. Additionally, the university offers internship opportunities and degree specializations including finance, IT, and human resource performance. To graduate, distance learners must complete a capstone course where they develop a comprehensive project plan.

Applicants with an undergraduate GPA less than 3.0 must complete a course in the fundamentals of research and writing to be eligible for admission to the program.


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6

Embry-Riddle Aeronautical University-Worldwide

Value Score 6.80
Average Tuition $6,960
Percentage of Students in Online Programs 90%
Number of Online Programs 11
Part-time cost per credit hour $580

In ERAU's master's in project management online, students develop skills in documentation and planning, financial expertise, staff and professional development, and other areas. The 30-credit program features multiple start times throughout the year and nine-week sessions. ERAU offers a variety of degree concentrations, including aviation and aerospace, systems engineering, and global management. Distance learners work collaboratively, and the university assigns an academic advisor to each student. To graduate, students must complete a capstone project involving the development of an ePortfolio demonstrating knowledge and skills gained. All course content is available online.

ERAU permits distance learners to transfer up to 12 credits earned with a grade of "B" or better towards their master's degree. Additionally, the school offers a tuition discount to active-duty members of the military. Applicants should have a solid background in written communication, computer skills, and quantitative methods.


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7

Purdue University-Main Campus

Value Score 6.75
Average Tuition $9,208
Percentage of Students in Online Programs 19%
Number of Online Programs 14
Part-time cost per credit hour $348

Located in West Lafayette, Indiana, Purdue delivers a master's in project management online that endows distance learners with a variety of skills, including portfolio management, scheduling, outsourcing resources, and risk management. Courses required for the degree include IT economics and procurement management, project estimating, and IT policy, law, and ethics. Graduates leave the program prepared to take the PMP certification exam.

To earn their master's degree, students must complete 34 credits (or 30, if they already have the PMP credential) and typically do so in two or three years. Distance learners who do not reside in Indiana have to pay a slightly higher tuition rate, but Purdue offers installment plans and other financial aid options. Applicants must have a background in IT systems and architecture, along with an undergraduate GPA of 3.0 or higher. Purdue may accept those applicants with a lower GPA on a conditional basis.


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8

Saint Mary's University of Minnesota

Value Score 6.54
Average Tuition $7,884
Percentage of Students in Online Programs 28%
Number of Online Programs 7
Part-time cost per credit hour $438

A 36-credit degree, SMUMN's online master's degree in project management emphasizes the development of leadership and technical skills to help graduates remain competitive in a complex global market. Distance learners can complete this asynchronous program, which consists of 12 courses, within two years. Graduates leave prepared for the PMP certification exam.

Throughout the curriculum, distance learners focus on cost management strategies, productivity, and project timelines, all from an ethical perspective. A Catholic university in the Lasallian tradition, SMUMN promotes "ideals of excellence, ethics, and social justice." To graduate, students must complete a capstone project, which can be either a major term paper or a technical project simulation of their choice. The university admits students on a rolling basis, and the master's in project management program features three start dates. Distance learners can transfer up to six credits from an accredited institution toward their master's degree.

SMUMN gives each of its distance learners an iPad preloaded with a mobile learning program to enable them to easily connect with faculty and peers online.


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9

Bellevue University

Value Score 6.53
Average Tuition $9,450
Percentage of Students in Online Programs 92%
Number of Online Programs 15
Part-time cost per credit hour $525

Located in Nebraska, Bellevue has offered online degree programs since 1996. Today, the university's master's in project management online focuses on research and data collection methods to help students master technical and project management skills, as well as team dynamics and working with virtual teams. The curriculum includes courses on topics like emerging trends in project management and cost control in projects. As a prerequisite to the degree, distance learners must complete an IT project management course unless they already have the PMP designation or related certification. All program faculty are currently working in project management and hold the PMP credential.

Applicants must have three years field experience, a current professional resume, and an undergraduate GPA of at least 2.5 (or a minimum 3.0 in graduate studies). Bellevue provides scholarship opportunities, along with online tutoring, library, and technology support services, to its graduate distance learners.


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10

Granite State College

Value Score 6.39
Average Tuition $8,016
Percentage of Students in Online Programs 83%
Number of Online Programs 3
Part-time cost per credit hour $397

Located in Concord, New Hampshire, Granite offers a robust lineup of distance learning programs. More than 77% of the school's students participate in online classes. Granite's online master's degree in project management emphasizes skills that assist students with managing projects throughout their life cycle, making ethical decisions, leading teams, and meeting quality standards. The curriculum focuses on practice and includes a required capstone course. All program faculty are experts in the field and have real-world experience.

Distance learners can complete Granite's MS in project management online, but the degree does include "selected blended or hybrid courses." Students who don't live in New Hampshire must pay a slightly higher tuition rate. Granite awards credit for equivalency test scores, professional training programs, experiential learning portfolios, or military experience. Applicants must have an minimum 3.0 undergraduate GPA and submit two letters of professional or academic reference, a resume, and 500 to 1,000 word statement, along with required forms and transcripts. Admission at Granite is rolling.


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11

New England College

Value Score 6.23
Average Tuition $13,560
Percentage of Students in Online Programs 86%
Number of Online Programs 26
Part-time cost per credit hour $565

NEC serves 900 graduate students worldwide with its online degree programs. The school offers 13 master's degrees through distance learning, including a master's in project management online. An asynchronous, fully online program, this 36-credit degree covers nine project management competency areas and consists of core courses, project management concentration courses, and a capstone. Courses cover subjects like economics for leadership and contract management, and the curriculum emphasizes technical tools like GANTT, PERT along with quality analysis and advanced problem-solving skills.

In earning their degree, distance learners advance their knowledge in communication, strategic thinking, collaboration, leadership, and ethics. Students can complete the program within two years, and graduates leave prepared for the PMP certification exam. As NEC features rolling admissions, this program offers start dates every seven weeks. Applicants do not need to submit GRE/GMAT scores to be eligible for admission.


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12

City University of Seattle

Value Score 5.75
Average Tuition $13,708
Percentage of Students in Online Programs 100%
Number of Online Programs 9
Part-time cost per credit hour $571

With a campus in Seattle, Washington, CityU features 28 locations worldwide. This private, nonprofit university delivers a master's in project management online through its School of Management. Courses in the program count toward continuing education credits for maintaining PMP certification. In earning their degree, distance learners develop skills in leading domestic and international teams, applying project management tools and techniques, creating and implementing solution to common problems in project management, and achieving desired project outcomes. The 45-credit curriculum includes an introductory course in project management, core courses, and mastery courses such as project managers as change agents and mastering portfolios and programs. CityU permits students to transfer credits earned at an accredited institution toward their degree, and offers tuition discounts for active-duty members of the military.

Online graduate students are eligible for financial aid. Applicants do not need to submit any standardized test scores.


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13

Harrisburg University of Science and Technology

Value Score 5.74
Average Tuition $7,200
Percentage of Students in Online Programs 98%
Number of Online Programs 1
Part-time cost per credit hour $800

Located in Pennsylvania's capital, HU emphasizes experiential learning. The university delivers its online master's degree in project management in an "executive format," holding classes online while requiring students to go to campus one weekend each month for additional coursework. The program, which prepares students for PMP certification, endows them with leadership skills necessary to successfully manage project life cycles.

HU's 36-credit MS in project management requires students to complete 12 courses: five core courses, five electives, and two experiential learning courses. Students can choose to emphasize in IT management or another concentration (with advisor approval). Those selecting the IT management concentration should preferably have an undergraduate background in technology. HU offers a variety of financial aid options, including interest-free payment plans. To be eligible for admission, prospective students do not need to submit GRE or GMAT scores but should submit a personal goals statement along with a professional resume.


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14

Regis University

Value Score 5.48
Average Tuition $10,800
Percentage of Students in Online Programs 51%
Number of Online Programs 13
Part-time cost per credit hour $600

A Jesuit Catholic university located in Denver, Colorado, Regis features nearly 80 online degrees, including an asynchronous MS in organization leadership with a specialization in project leadership and management. The 30-credit program consists of nine core credits, 18 specialization credits (in courses like leading change and innovation and management of project performance), and a three-credit capstone course. Regis delivers its master's degree in eight-week terms, with start dates in January, March, May, June, August, and October.

All distance learners at Regis pay the same tuition rates, regardless of their state of residence. Applicants to this online master's in project management should have two years related work experience and must submit a professional resume, essay, and a recommendation from a colleague or supervisor. Prospective students should submit their application no later than two weeks prior to their desired start date.


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15

Southern New Hampshire University

Value Score 5.29
Average Tuition $18,810
Percentage of Students in Online Programs 92%
Number of Online Programs 33
Part-time cost per credit hour $627

SNHU in Manchester, New Hampshire offers more than 200 online programs, including 50 specialized MBA degrees. The school's MBA in project management online is asynchronous, and students can earn their degree within 15 months by taking two courses per 10-week term. Distance learners who choose to take a PMP certification course as part of their degree are qualified to sit for the exam after graduation.

All online students at SNHU pay the same tuition rates, whether or not they live in New Hampshire. The school provides a 25% tuition discount to active-duty members of the military. Distance learners enjoy access to dedicated academic and career advisors, 24/7 tech support, tutoring services, an online library, writing center, bookstore, and student union. Admission is rolling, and applicants do not need to submit GMAT or GRE scores.


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16

Northeastern University Global Network

Value Score 4.98
Average Tuition $22,656
Percentage of Students in Online Programs 74%
Number of Online Programs 23
Part-time cost per credit hour $615

Using the Blackboard LMS, Boston's Northeastern-Global delivers a master's in project management online that instructs students on effectively leading multiple projects, managing risk and quality, implementing portfolios, and practicing ethics and social responsibility. Available elective courses in the program include managing troubled projects and portfolio management in the enterprise environment. Emphases of this MS in project management include applied, collaborative, civic, global, and experiential learning, as well as specialized and integrative knowledge.

Northeastern-Global offers a variety of degree concentrations within its master's program in project management, including clinical trial design, construction management, and organizational communication. The 45-credit program features four start dates per year. Applicants do not need to provide GMAT or GRE scores are not required, but must submit a 500 to 1,000 word statement of purpose, two letters of recommendation, and a professional resume.


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17

Florida Institute of Technology-Online

Value Score 4.59
Average Tuition $16,128
Percentage of Students in Online Programs 100%
Number of Online Programs 12
Part-time cost per credit hour $896

Originally founded in 1958 to educate the working professionals of the "Space Coast," today FIT features a variety of 100% online courses. The school offers an MBA in project management online through its Nathan M. Bisk College of Business comprising 12 classes, or 36 credits. Distance learners can earn this degree in two years. With eight-week sessions, program coursework includes case study analysis, optimal technique identification depending on phase of project life cycle, and application of academic principles. FIT delivers the degree in an asynchronous format, using videos, discussion boards, chat rooms, and interactive media.

Prospective students do not need to pay an application fee or submit standardized test scores. FIT permits students to transfer credits earned with at least a grade of "B-" toward their degree. Tuition rates are the same for all distance learners.


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18

Golden Gate University-San Francisco

Value Score 4.49
Average Tuition $16,830
Percentage of Students in Online Programs 46%
Number of Online Programs 16
Part-time cost per credit hour $935

Specializing in educating working professionals, GGU-San Francisco serves nearly 4,500 graduate students. The school offers an online master's in project management, wherein distance learners build knowledge and learn techniques to manage business dynamics, technology, programs, and portfolios. All instructors in the program have the PMP designation and real-world experience in the field.

The university delivers this online program in an asynchronous format, but typically requires distance learners to complete one proctored exam per term. GGU-San Francisco permits students to transfer up to six credits toward the 36 credits required for the degree. As a requirement for graduation, students demonstrate mastery of course content through a final capstone project.

To be eligible for admission, prospective students must pass the Graduate Writing Proficiency Exam (or a graduate writing course with a "B" or better), and demonstrate math skills equivalent to intermediate algebra. Alternatively, GGU-San Francisco features an online MBA with a concentration in project management.


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19

Pennsylvania State University

Value Score 3.84
Average Tuition $19,328
Percentage of Students in Online Programs 6%
Number of Online Programs 21
Part-time cost per credit hour $805

Internationally recognized project management scholar Dr. Jeffrey K. Pinto developed the curriculum for and now leads Penn State's master's in project management online. Within the program, distance learners can select from a variety of degree tracks: enterprise architecture, enterprise resource planning with SAP software, supply chain management, or independent study, where students complete a creative research project based on an existing issue in their workplace.

Distance learners and program faculty interact through Skype, the Blackboard LMS, email, and discussion fora. Some courses do require students to complete group work online. Distance learners can complete this asynchronous program, with 12- to 15-week course sessions, within two years. Penn State permits students to transfer credit earned at a regionally accredited institution toward this 30-credit degree. Additionally, the university offers a variety of financial aid options including installment payment plans and assistance for the unemployed.


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20

Drexel University

Value Score 3.83
Average Tuition $31,239
Percentage of Students in Online Programs 48%
Number of Online Programs 30
Part-time cost per credit hour $1,157

Located in Philadelphia, Drexel provides more than 140 degree and certificate programs through distance learning. Included among these is an online master's degree in project management, which instructs students in effectively managing complex programs, projects, and portfolios in competitive environments. Drexel offers this 45-credit program, which includes a mandatory capstone project, in 10-week quarters. Courses cover topics like project estimation, project planning & scheduling, and project risk assessment. Graduates can use the business, communication, and leadership skills gained in this program to effectively manage single or integrated projects.

The university features a variety of financial aid options, and provides special tuition rates to alumni, active-duty military, and members of partner organizations. Applicants must submit a 500-700 word personal statement, a resume, and two professional letters of recommendation. Currently, residents of Wisconsin are not eligible for admission to any of Drexel's online programs.


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21

George Washington University

Value Score 3.25
Average Tuition $27,810
Percentage of Students in Online Programs 26%
Number of Online Programs 27
Part-time cost per credit hour $1,545

Available through GWU's School of Business, its online MS in project management program began in 1996 and is among the most respected in the world. The curriculum explores, among other subjects, international project management methods and advanced applications. Faculty members have real-world experience in astrophysics, IT, construction, engineering, and other fields.

Although distance learners can earn this master's in project management entirely online, all GWU students must attend an on-campus orientation in Washington, D.C. Students completing the capstone course at the program's conclusion must also return to campus for a weeklong residency. Full-time distance learners can finish the program in two years.

GWU offers financial aid options for graduate students, including scholarships and loans. Additionally, certain companies (like LEIDOS and Lockheed Martin) provide employee tuition discounts. Applications must include a professional resume, two letters of recommendation, and GRE/GMAT test scores. Prospective students may disregard the standardized test scores requirement if they have seven years of relevant work experience.


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22

Stevens Institute of Technology

Value Score 3.05
Average Tuition $32,200
Percentage of Students in Online Programs 38%
Number of Online Programs 16
Part-time cost per credit hour $1,450

Located in Hoboken, New Jersey, Stevens delivers a range of online degrees through the Canvas LMS. The school's master's in enterprise project management focuses on leadership, technology, and business skills that build support and collaboration across team projects. Some courses in the program feature synchronous components (including live lectures requiring real-time participation), but these are recorded for students who are unable to participate. Stevens does not require experience in project management for admission, but knowledge of business practices helps students understand case studies and coursework. Sample courses include project analytics, marketing management, and process innovation and management.

Applicants to this master's in project management online program should submit two letters of recommendation, a professional resume, GMAT/GRE scores, and bachelor's degree transcripts (Stevens requires a minimum 3.0 GPA). The program includes 12 core courses and 3 electives.


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23

Brandeis University

Value Score 2.10
Average Tuition $45,900
Percentage of Students in Online Programs 20%
Number of Online Programs 7
Part-time cost per credit hour $1,435

Founded in 1948, Brandeis is located in Waltham, Massachusetts and offers a MS in project and program management through its distance learning programs. Consisting of 10 courses, or 30 credits, this online master's degree in project management covers subjects like foundations of data science and analytics, negotiating and conflict resolution, and the human side of project leadership. The asynchronous program boasts small class sizes, with 15-20 students in each. Graduates leave with the ability to lead programs of various scope and complexity, both domestic and international.

Brandeis allows graduate students to transfer up to six credits toward their degree. Applicants should have a bachelor's degree from a regionally accredited institution. To be eligible for admission, prospective students must submit undergraduate transcripts, a resume, a statement of professional goals, and one letter of recommendation.


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24

Boston University

Value Score 1.79
Average Tuition $47,422
Percentage of Students in Online Programs 18%
Number of Online Programs 10
Part-time cost per credit hour $1,482

BU's master's in project management online combines comprehensive management knowledge with project management strategies. Throughout the curriculum, students gain proficiency in project management life cycles, process groups (from initiating to closing), and tools and techniques (including risk analysis and budgeting). Program instructors are authorities in their areas, including mega projects and earned value analysis. Courses cover topics like enterprise risk management and eCommerce.

A 48-credit program, BU's MS in project management typically takes distance learners two years to complete. The university delivers the program in an asynchronous format, and courses last for seven weeks each. Graduate assistantships provide up to $4,200 in financial aid (per student) each semester. The school also provides loans, scholarships, and payment plans to those who qualify. Applicants do not need to submit GRE or GMAT scores to be eligible for admission.


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25

Georgetown University

Value Score 1.56
Average Tuition $44,712
Percentage of Students in Online Programs 11%
Number of Online Programs 6
Part-time cost per credit hour $1,863

Located in our nation's capital, Georgetown features an online master's of professional studies in project management that includes applied learning techniques and hands-on projects to build analytical and strategic planning skills. This master's in project management online includes a mix of asynchronous and synchronous components, and features small class sizes limited to 20 or 25 students.

The curriculum, which consists of 10 courses, or 30 credits, takes one to three years to complete. Applicants should hold a bachelor's degree, have two years of experience, and submit two letters of recommendation along with a professional resume and personal statement. Prospective students do not need to provide GRE or GMAT scores. Students may opt to pursue the program's full-time, "fast track" option taking three classes in both the fall and spring semesters and two classes in the summer.


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What Will I Learn in My Online Master’s in Project Management Program?

SAMPLE COURSES

An online master’s in project management teaches all the necessary skills for graduates to find success in the field. Courses begin by providing an overview of common tasks before moving into specific courses that are designed to ensure graduates are well-rounded, efficient, and effective managers.

  • Project Scope Management: Students learn how to define, evaluate, and translate project requirements into manageable tasks that provide concrete deliverables. Special consideration is given to how project managers can incorporate client needs into project scope.
  • Cost Engineering and Control: This course is designed to help students learn about estimating processes and bid preparation, ensuring projects run smoothly and within the budget. Other topics covered include labor estimates, equipment, cost-control techniques, changes to scope of work, and claims.
  • Sustainability in Project, Portfolio, and Program Management: Social equity, economic efficiency, and environmental performance are the three cornerstones of this course, which helps students be cognizant of sustainability issues within project management.
  • Project Contracts: Being able to plan and administer contracts for employees or resource acquisition is a big part of a project manager’s job description, and this course teaches them fundamentals of acquisitions, requests for proposals, vendor selection, and contract closure.

CONCENTRATIONS

Because online master’s degree programs in project management offer such a broad curriculum, many schools offer concentrations for students who want to focus on a particular industry or field.

  • Construction Management: This specialization track prepares individuals for roles that require an understanding of the engineering and management methodologies for a construction site.
  • Transportation Management: Students preparing for logistical careers in road, rail, or air transportation receive a practical, overarching view of technologies and frameworks used to manage large-scale projects.
  • Logistics and Supply Chain Management: Typically requiring 9-12 credits, this concentration covers topics such as integrated logistics management, global supply chain management, and purchasing procedures.
  • Clinical Trial Design: A unique option within project management, this concentration serves students who plan to work in lab settings. Topics include validation and auditing, optimization, problem-solving, and data analysis.

Employment Outlook for Master’s in Project Management Graduates

MASTER’S IN PROJECT MANAGEMENT CAREERS

Graduates of online master’s in project management programs can be found in medical labs, production facilities, and more. The sheer volume of opportunities available means that professionals will be able to climb the career ladder and find work in other industries if they need a change. A master’s degree in project management prepares students for career advancement in many of the jobs below.

Construction Manager

$89,300 Avg Annual Salary
Bachelor’s Degree Required

Construction managers can be found on residential and commercial building projects, working to ensure that plans are followed, crews are coordinated, materials are ordered, budgets are balanced, and proper supervision is maintained throughout the lifecycle of the project.

Projected Growth Rate 5%

Emergency Management Directors

$70,500 Avg Annual Salary
Bachelor’s Degree Required

Responding to natural disasters and other emergencies, these project planners must be able to work quickly while also facing immense pressure and a lack of information about the nature of their project.

Projected Growth Rate 6%

Farm, Ranch, or Agricultural Manager

$66,360 Avg Annual Salary
High School Diploma Degree Required

Whether overseeing a small family farm or a national operation, these professionals manage crop production, harvesting, cover crops, and replanting. They also oversee the purchasing of supplies and how crops are sold.

Projected Growth Rate 2%

Industrial Production Manager

$97,140 Avg Annual Salary
Bachelor’s Degree Required

IPMs oversee all the functions required for a facility to produce goods for sale. They decide how to best utilize workers and equipment and ensure projects are on budget and on time, review production data, and write reports.

Projected Growth Rate 4%

Purchasing Manager

$111,590 Avg Annual Salary
Bachelor’s Degree Required

Whether working with an organization, retailer, or wholesaler, purchasing managers plan, oversee, and coordinate the purchase of services, raw or finished materials, and products needed for a business to function.

Projected Growth Rate 1%

LICENSURE AND CERTIFICATION

Graduates of master’s degrees in project management aren’t typically required to hold licensure, but their are many opportunities to earn them. Individuals often use certificates to either move up in their current field or gain the specialized knowledge needed to take up a project management role in a different industry.

  • Project Management Professional: Offered through the Project Management Institute, this is the most recognized PM certification, both domestically and globally. Individuals with a few years of experience in the role are eligible to apply. Acquiring this certification can raise your earning potential.
  • Professional in Project Management: Offered by the Global Association for Quality Management, this certificate is comprised of 14 modules that are designed to produce well-rounded project managers.
  • Master Project Manager: The American Academy of Project Management provides this certificate to individuals who have at least three years of experience and an approved degree.

JOB PLACEMENT

Even though positions for project managers have grown, only about half of all these professionals hold advanced degrees or certificates. Individuals with master’s degrees in project management or certifications will stand out from competition and will typically earn a higher salary.

MASTER’S IN PROJECT MANAGEMENT SALARY

There are many factors that affect the pay of project managers, including work setting, level of education, and years of experience. The table below features data from Payscale to help those considering careers as project managers understand the salaries they can expect throughout their professional lives.

Project Management Careers by Experience
Job Title Overall Median Salary Median Salary for Entry-Level Employees (0-5 years) Median Salary for Mid-Career Employees (5-10 years) Median Salary for Late-Career Employees (20 years)
Construction Manager $73,538 $59,000 $73,000 $88,000
Project Management Director $122,358 $86,000 $103,000 $145,000
Senior Project Manager, IT $110,899 $93,000 $108,000 $126,000
Senior Engineering Project Manager $111,388 $93,000 $102,000 $126,000
Senior Engineering Project Manager $111,388 $93,000 $102,000 $126,000
Program Project Manager $82,350 $65,000 $84,000 $115,000

Do I Need to Take the GRE to Enroll in an Online Master’s in Project Management Program?

The graduate record examination is a standardized test used by thousands of universities to determine a prospective student’s fitness for graduate-level study. The exam tests four crucial skills: analytical writing, critical thinking, quantitative reasoning, and verbal reasoning. The GRE is administered by the Educational Testing Service, a national nonprofit that has centers around the country for students to take the exam.

The majority of GRE test takers study for eight to 12 weeks before taking the exam, and many free and paid services are available to help students acquire good scores. Distance learners should complete a practice test as a baseline to determine their areas of focus.

The majority of online master’s degree programs in project management don’t require GRE scores. Some schools, like the University of Kansas, waive the GRE requirement if applicants have at least two years of related professional experience. Other schools, such as the University of Denver and the University of Wisconsin at Platteville, don’t have GRE requirements.

Accreditation for Online Master’s in Project Management Degrees

In order to transfer credits, complete an advanced degree, receive a letter of employment, or qualify for licensure, a student must attend an accredited university. Approximately 85% of all higher education institutions are regionally accredited, while the remainder are nationally accredited. Nationally accredited programs typically accept transfer credits from students who attended either type of institution, while regionally accredited schools typically don’t accept nationally accredited transfer credits.

When selecting an online master’s in project management program, students should try to find a school that’s accredited by one of the six regional accrediting bodies. Degree seekers can also look for programmatic accreditation from the Global Accreditation Center for Project Management Education or the Association to Advance Collegiate Schools of Business

Financing Your Online Master’s in Project Management Program

Many companies pay graduates of online master’s degree programs in project management above average salaries, but degree seekers must first figure out how to pay for college before reaping the benefits of their degrees. The first step for graduate students should always be filling out the FAFSA, the government application that provides details on federal scholarships, loans, grants, and work-study options. Other funding sources may include teaching assistantships, research positions, and scholarships/grants provided by private foundations.

Project Management Scholarships

Project Management Institute Education Fund Scholarships Up to $7,500

PMI offers numerous academic scholarships through its regional chapters.

Scholarship Deadline: May 1
Eligibility Requirements: Students must be members of the the awarding PMU chapter or be a child or grandchild of a member.

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CTU Graduate Scholarship $2,000

PMIEF provides this scholarship to Colorado Technical University graduate students.

Scholarship Deadline: Spring
Eligibility Requirements: Student must submit two essays and a resume and have a minimum cumulative GPA of 3.0.

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Dr. Harold Kerzner Scholarship $7,500

The International Institute for Learning oversees these annual scholarships for graduate and undergraduate PM majors.

Scholarship Deadline: May 1
Eligibility Requirements: Students must attend an accredited institution and demonstrate financial need.

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PEG Management Scholarship $2,500

The National Society of Professional Engineers makes this available to graduate students pursuing an MBA or master’s in project management.

Scholarship Deadline: March 15
Eligibility Requirements: Student must hold an undergraduate engineering degree and mail five copies of the completed application to the scholarship panel.

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Hawk Consultants Scholarship $2,000

Available to University of Alaska Anchorage students enrolled in a master’s in project management program.

Scholarship Deadline: TBD
Eligibility Requirements: Student must have a minimum GPA of 3.0, be enrolled at least part-time, and be formally admitted to the program.

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