MBA in Project Management: Course Details, Eligibility, Admission, Fees

Duration

2 Years

Average Fees

INR 22,000 to 4 LPA.

Ram Rakshith V

Updated on Sep 13, 2023 by Ram Rakshith V

Ram Rakshith V

Updated on Sep 13, 2023 by Ram Rakshith V

MBA in Project Management in India is a two-year postgraduate degree program that deals with making strategic decisions on project planning, execution and coordination, and project risk management. The course prepares students to act decisively in setting timelines and budgets for various projects in a company. 

Admission to MBA in Project Management is based on entrance exams such as MAT, CAT, XAT, etc. As part of the eligibility criteria, students from unreserved categories should secure a minimum of 50% of their bachelor's degree from a recognized university. There is a 5% relaxation in graduation marks for SC/ST candidates. The candidates are required to clear entrance exams. The MBA Project Management fees vary from INR 22,000-4 LPA

MBA in Project Management Course Details

Degree Masters
Full Form Master of Business Administration in Project Management
Duration 2 Years
Age No age limit
Entrance Exam CAT, MAT, XAT, NMAT, CMAT, etc
Minimum Percentage 50% in graduation for unreserved category and 45% for SC/ST/PwD students
Average Fees INR 22,000 to 4 LPA.
Similar Options of Study PMP in Project Management
Average Salary INR 6 to 20 LPA (Source: Payscale)
Employment Roles Project Manager, Engineering Project Manager, Software Development Project Manager, etc.
Opportunities SBI, Accenture, Infosys, L&T, Railways, IBM, etc

What is MBA in Project Management?

The MBA PM full form is Master of Business Administration in Project Management. The course is one of the sought-after specializations under MBA courses. The Project Management MBA in India is designed to impart students with the knowledge of contract negotiation and cost control in project management along with building leadership skills.

This course is best for students who wish to work in companies such as Financial Services, IT, Construction, etc. There is a broad scope of MBA Project Management graduates with several job roles such as Project Managers, Project Analysts, etc. MBA in Project Management average salary in India is in the range of INR 6-20 LPA (Source: Payscale).

Table of Contents:

MBA in Project Management Eligibility Criteria

The MBA Project Management course eligibility can vary depending on the business school or college offering the course. Given below is a set of standard eligibility criteria that students must fulfill to take up this course:

  • Candidates should have completed a bachelor's degree in BBA/BCom/BTech, or any equivalent degree with a minimum of 50% marks for unreserved category and 45% for SC/ST/OBC category students. The student is also required to qualify for entrance exams such as CAT, CMAT, MAT, etc.
  • There is no specific age limit to pursue this course.

Why Choose an MBA in Project Management in India?

MBA in Project Management course helps students gain technical and managerial skills to completely understand the process implementation of projects. Below are some points on why a student should pursue a Project Management MBA in India: 

  • By 2027, India will have the second-largest number of project management-oriented jobs in the world (218 lakhs).
  • At the current rate of growth, India requires 7,00,000 more project managers every year for the next 10 years.
  • The graduate of the MBA in Project Management will develop skills to design, evaluate, and apply those in completing projects within a limited time frame
  • Project Management is a growing and dynamic business profession that involves planning, coordinating, and evaluating jobs of all sizes, as well as managing the people and risks involved.
  • There are more employment opportunities for managing projects of all sizes as a senior team leader, project manager, project director, etc.

Why Choose MBA Project Management

MBA in Project Management vs PMP in Project Management

MBA in Project Management Admission 2023

Admission for the MBA in Project Management in India is either through entrance exams or on a merit basis. Colleges like Asian International University offers admission based on merit score. Listed below is the admission process to be followed to pursue the Project Management MBA in India:

  • Step 1: The students need to clear the entrance exam cut-off as required by the respective colleges.
  • Step 2: The candidate can fill out the application form for respective colleges through online or offline mode.
  • Step 3: After entrance exam results are published, the colleges shortlist the candidates for GD and PI sessions based on cut-off marks.
  • Step 4: The candidate must complete the document verification process and deposit the required course fees.

MBA Project Management Admission Process

Entrance Exam for MBA in Project Management

The students have to appear for various entrance exams conducted at the national, state, or college level such as CAT, CMAT, MAT, etc. to seek admission to the MBA in Project Management in India. Listed below are some important entrance exams for MBA in Project Management:

MBA Entrance Exams

Tentative Registration Date

Exam Registration Details

Accepting Colleges

CAT

Aug 2 - Sep 13

Application Form

KCT Business School, Alagappa University, Manipal University

MAT

Aug 17 - Sep 14

Application Form

Amity University, Jain University

XAT

Jul 15 - Nov 30

Application Form

Alagappa University, Amity University

CMAT

February 2024

Application Form

Gondwana University, PIBM

GMAT

August 2023

Application Form

Gondwana University, Manipal University

Top MBA in Project Management Colleges in India

MBA in Project Management is one of the most preferred specialization courses pursued by students across India. The course is offered by private colleges like Amity University, KCT Business School, etc., and government colleges like Alagappa University, Pune University, etc. Colleges like KCT Business School also offer admission based on government quota for which a student needs to qualify for the TANCET entrance exam.

Listed below are some top colleges for MBA in Project Management in India:

Top 5 MBA Project Managment Colleges

Sl.No

Institution

Average Fees (INR)

1

Alagappa University

40,000 PA

2

Gondwana University

-

3.

Pune Institute of Business Management

4 LPA

4. 

Asian International University

-

5. 

KCT Business School

1.5 LPA

6.

Amity University, Kolkata

3.5 LPA

MBA in Project Management Fees Structure

The MBA in Project Management fees range from INR 22,000 to 4 LPA. The fees for government colleges offering an MBA in Project Management range between INR 23,000-3 LPA. The fees for private colleges range between INR 85,000-4 LPA. Given below is a list of some of the best MBA in Project Management colleges along with the fee breakdown:

College Name Tuition Fees (INR) Admission Fees (INR)
Pune University 3.75 LPA 50,000
Manipal University 1.66 LPA 1,000
Jain University 85,000 LPA -
Bharathiar University 23,040 LPA -

Types of MBA in Project Management Courses

Students can complete an MBA in Project Management in India through full-time, part-time, and distance modes. Many colleges offer this course according to the needs of students and working professionals. MBA in Project Management course details are given below:

Type

Eligibility

Course Duration

Full-Time MBA in Project Management 

Bachelor's degree with a minimum of 50% marks for unreserved category and 45% for SC/ST/OBC category + Entrance Exam Score+ GD and PI rounds.

2 Years

Online MBA in Project Management 

Bachelor's degree with a minimum of 50% marks for unreserved category and 45% for SC/ST/OBC category

2 years

Distance MBA in Project Management 

Bachelor's degree with a minimum of 50% marks for unreserved category and 45% for SC/ST/OBC category

2-4 Years

MBA in Project Management Subjects

The MBA in Project Management syllabus for first-year focuses on project management concepts like cost management, risk management, project planning, etc. The second-year syllabus is focused on strategic project management, project portfolio management, advanced quantitative analysis, etc.  Some of the MBA in Project Management core subjects are listed below: 

MBA in Project Management Subjects Topics Covered
Project Formulation and Appraisal Economic planning and development, Conceptual framework of project management,  Project identification, Project formulation, Project appraisal - Market appraisal, etc
Project Planning and Execution Nature and scope of Project Management, Project organization - Forms of organization, Project scheduling, and time monitoring, Project implementation - Factory design and layout, etc
Project Risk Management Risk Management: Concept and Objectives, Risk Management in Business, Risk Identification and Measurement, Risk Exposure Losses, etc
Project Control System Project Decision Making - Concept and Design, Multiple Projects and Constraints, Network analysis and decision-making, Project monitoring and management information system, etc
Small Management System Small Scale Sectors, Small Scales Industries in India, Capital structure of selected units, Human resources in small business, Problems of small business, etc

Read More: MBA in Project Management Subjects and Syllabus

MBA in Project Management vs PMP in Project Management

MBA in Project Management is meant for students to learn more about project planning and strategic decisions while PMP in Project Management is a certification course for working professionals to hone their skills in project leadership and project implementation. Given below are the differences between the two courses.

Parameter MBA in Project Management PMP in Project Management
Type Masters degree Certification
Duration  2 years 4 years
Entrance Exam CAT, MAT, TANCET, etc PMI exam
Focus Area The course deals with making strategic decisions on project planning, execution and coordination and project risk management. The course provides  specific knowledge, skills, tools, and techniques for working professionals to lead projects for any organization
Average Fees INR 22,000-4 LPA INR 42,863
Job Opportunities Project Manager, Project Lead, etc Project Manager, Project Technical Specialist, etc
Average Salary INR 6-20 LPA INR 16.5 LPA

Courses After MBA in Project Management

There is good scope for students to take up jobs and higher studies after a Project Management MBA in India. The graduates can also choose to pursue research in project management. Students can also take similar certification courses. Some of the courses are:

  • Ph.D. in Management Studies
  • Certification programs in IIMs

MBA in Project Management Salary

The average entry-level MBA in Project Management graduate salary is in the range of INR 6-10 LPA. After graduates have three plus years of experience they can earn in the range of INR 12-20 LPA (Source: Payscale). Students can get hired on job profiles of Pharma Managers, Sales Managers, etc. Below listed are the top job roles for MBA in Project Management graduates along with their descriptions and average salaries:

MBA in Project Management Jobs Job Description Average Salary
Project Manager Responsible for setting guidelines for the steady flow of project planning and implementation INR 13 LPA
Project Lead Guides and directs a team of individuals toward the completion of a specific project INR 13 LPA
Project Analyst Research collects, and analyzes data for the strategic decision-making process in new project developments INR 6 LPA
Project Risk Manager Identifies and updates risks and opportunities associated with project cost and implementation INR 14 LPA
Project Quality Manager Spearheads and oversees the quality control and assurance procedures for various projects INR 15.1 LPA

[Source: Payscale]

Read More: MBA in Project Management Jobs Salary

Career Options After MBA in Project Management

Project Management MBA in India graduates can work in various job sectors related to Marketing, Construction, Software, etc. The graduates are hired by top private and government organizations like Honeywell, Accenture, TCS, Railways, etc. Some of the MBA in Project Management jobs are listed below:

Top Private Companies for MBA in Project Management

Listed below are some of the top private companies along with salaries that offer jobs for MBA in Project Management graduates:

Company Average Salary (INR)
L&T 5-20 LPA
Accenture 3-21 LPA
Infosys 7-20 LPA
TCS 2-8 LPA
Honeywell 5-8 LPA

Top Government Companies for MBA in Project Management

Listed below are some of the top government companies along with salaries that offer jobs for MBA in Project Management graduates:

Company Average Salary (INR)
Railways 5-14.8 LPA
Airforce 9-22.7 LPA
HAL 14-20 LPA
Bharat Biotech 7.5 LPA
SBI 9.6 LPA

[Sources: Payscale, Ambition Box, Glassdoor]

MBA Project Management Recruiters

Skills To Excel in MBA in Project Management 

MBA in Project Management graduates should have both technical skills and managerial skills to excel in their professional careers. Listed below are some essential skills:

  • Knowledge of Project Management Methodologies - Students should have basic knowledge of project management methodologies like Scrum, Agile, Waterfall, Lean, etc.
  • Project Planning - It is a necessary project management skill because a project plan is the foundation of the project management cycle. It includes the project schedule, resources, and costs.
  • Communication Skills - Graduates should have a clear communication plan for customers, stakeholders and contractors regarding completing a project.
  • Project Scheduling - A project schedule organises tasks, teams, and time to complete a project.
  • Project Forecasting - It is the process of trying to figure out potential outcomes in a project. It’s guided by historical data and other research that can help with accuracy.
  • Project Budgeting - This is like the fuel that drives the project. It tracks costs throughout the life cycle of the project.

MBA in Project Management Fee Structure

FAQs

What is MBA in Project Management?

It is a 2-year postgraduate programme that deals with the study of planning, coordination and implementation of various projects in an organisation.

What is the eligibility criteria for MBA in Project Management?

Candidates should have a bachelor's degree in BBA/BCom/BTech or any equivalent degree with a minimum of 50% marks for the unreserved category and 45% for the reserved category from a recognized university.

What are the fees for MBA in Project Management?

MBA in Project Management in India will have an average fee of INR 22,000 to 4 LPA.

What are the popular MBA in Project Management entrance exams?

MBA in Project Management admission can be taken by qualifying entrance exams such as CAT, MAT, CMAT, etc.

What are some core subjects in MBA Project Management?

Project Management & Entrepreneurship Development, Project Evaluation, Procurement Methods, etc are some important subjects taught in the course.

What to do after MBA in Project Management?

Students can either do a Ph.D. in Management Studies, Advanced Certification courses or take up jobs in various companies

What are the job roles offered for graduates of MBA Project Management?

Project Manager, Project Leader, Project Risk Manager, etc are some top job designations for graduates of this course.

What is the average salary for Project Management MBA graduate in India?

The average salary offered to graduates in India is in the range of INR 6-20 LPA. (Source: Payscale)

See Various MBA in Project Management Colleges in India

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