MBA in Project Management: Course Details, Eligibility, Admission, Fees
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 MBA Project Management syllabus includes core topics like project cost management, leadership and team management, project governance, project stakeholder management, etc.
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 MBA Project Management fees vary from INR 60,000-4 LPA.
Table of Contents
- What is MBA in Project Management?
- Why Choose an MBA in Project Management in India?
- MBA in Project Management Admission 2023
- Entrance Exam for MBA in Project Management
- Top MBA in Project Management Colleges in India with Fees Structure
- Types of MBA in Project Management Courses
- MBA in Project Management Subjects and Syllabus
- MBA in Project Management vs PMP in Project Management
- Courses After MBA in Project Management
- MBA in Project Management Salary
- Career Options After MBA in Project Management
- MBA in Project Management Scholarship
- Skills To Excel in MBA in Project Management
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 | ₹4 - 6 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. |
| Top Recruiters | 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.
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 KCT Business School, etc., and government colleges like Pune University, etc.
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. The average MBA Project Management graduate salary in India is in the range of INR 6-20 LPA (Source: Payscale).
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.
| 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.
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 |
Accepting Colleges |
| Nov 26, 2023 |
KCT Business School, PIBM |
|
| Feb 25- Dec 17, 2023 |
Parul University, Pune University |
|
| Jan 7, 2024 |
Alagappa University, KCT Business School |
|
| February 2024 (Tentative) |
Gondwana University, PIBM |
Top MBA in Project Management Colleges in India with Fees Structure
The MBA in Project Management fees range from INR 60,000 to 4 LPA. The fees for government colleges offering an MBA in Project Management range between INR 60,000-1 LPA. The fees for private colleges range between INR 1.50-4 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 | Admission Fees | Miscellaneous Fees |
| Pune University | INR 70,850 PA | INR 1,500 | - |
| Parul University | INR 81,000 PA | - | INR 90,000 PA |
| KCT Business School | INR 1.50 LPA | - | INR 45,000 PA |
| PIBM | INR 3.97 LPA | INR 10,000 | - |
| Arunachal University | INR 60,000 PA | - | INR 4,000 PA |
Best MBA in Project Management Colleges in India Location Wise
Below listed are location-wise MBA Project Management colleges in India with the average annual fees:
| Location | Average Fees |
| MBA in Project Management Colleges in Tamil Nadu | INR 22,000-2 LPA |
| MBA in Project Management Colleges in Uttar Pradesh | INR 1-3 LPA |
| MBA in Project Management Colleges in Rajasthan | INR 75,000-2.50 LPA |
| MBA in Project Management Colleges in Maharashtra | INR 1-2.50 LPA |
| MBA in Project Management Colleges in Gujarat | INR 80,000-3 LPA |
| MBA in Project Management Colleges in West Bengal | INR 1-3.50 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 |
Online MBA Project Management Course
Below listed are online MBA in Project Management course details:
- The online MBA in Project Management can be pursued from colleges like Parul University, Jain Online University, Manipal University, etc.
- The average online MBA in Project Management course fees is in the range of INR 45,000-1.50 PA.
- The colleges also offer placement opportunities to students in top companies like Flipkart, HDFC Bank, Honeywell, etc.
Distance MBA in Project Management Course
Below listed are a few details about the distance MBA in Project Management course:
- The course can be pursued from colleges like IMTS Institute, Sri Balaji Correspondence College, etc.
- The average course fee is between INR 20,000-50,000 PA.
- The course duration can be maximum extended to 4 years.
MBA in Project Management Subjects and Syllabus
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 60,000-4 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
- Global Executive MBA in Project Management
- PMP Certification Course
- Information Technology Infrastructure Library Certification Course
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 (Sources: Ambition Box & Glassdoor). 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 the average entry-level and experienced salaries:
| MBA in Project Management Jobs | Average Entry Level Salary | Average Salary After 3+ Years of Experience |
| Project Lead | INR 7-8 LPA | INR 12-17 LPA |
| Project Analyst | INR 7-8.30 LPA | INR 12-15 LPA |
| Project Risk Manager | INR 6-8 LPA | INR 9-13 LPA |
| Project Quality Manager | INR 6-7 LPA | INR 11-16 LPA |
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 Entry Level Salary (INR) |
| L&T | INR 6.50 LPA |
| Accenture | INR 6 LPA |
| Infosys | INR 6-8 LPA |
| TCS | INR 6.50-7.50 LPA |
| Honeywell | INR 6-8.50 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 Entry Level Salary |
| Railways | INR 6-6.50 LPA |
| Airforce | INR 6-9 LPA |
| HAL | INR 6 LPA |
| Bharat Biotech | INR 7.5 LPA |
| SBI | INR 6-7 LPA |
[Sources: Ambition Box & Glassdoor]
MBA in Project Management Scholarship
The students who want to study MBA Project Management can get scholarships from private and government colleges or schemes based on merit scores, annual income, and other related factors. Below listed are a few scholarships for MBA in Project Management course:
|
Scholarship |
Eligibility Criteria |
Amount |
| PNB Housing Finance Protsahan Scholarship | Students who want to study MBA/PGDM/CA courses and have secured at least 70% marks in an undergraduate degree. | Tuition Fee Waiver |
| Ericsson Empowering Girl Scholarship | Students who are in the second year of engineering or MBA course. | Upto INR 75,000 Per Annum |
|
IMT EWS Scholarship |
90 percentile or above in CAT OR XAT |
40% on the course fee |
Read More: Management Scholarships
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.
Top MBA in Project Management Colleges
Top Management Entrance Exams
Exam Date: May 19, 2024
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 60,000 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)