Master of Business Administration [MBA] (Project Management) Course Details - Admissions, Eligibility, Duration and Course Fees

About Master of Business Administration [MBA] (Project Management)

• MBA Project Management is a two-year masters program in project management and its techniques.

• The application of knowledge, processes, methods, skills and experience to achieve the project objectives is all a part of Project management.

• A project is an individual endeavour taken to achieve an outcome that is planned and is desirable.

• The main difference between an MBA and MBA in Project Management is that the students learn basic management skills in MBA, while the students of MBA Project Management learn how to bring a project to fruition with the available resources in the limited timespan.

• All projects need defining, planning, execution, control and closure. Students learn the skills to achieve this in the course.

• The top MBA Project Management colleges in India that offer the course are:

• Maharashtra Institute of Technology, Pune

• Universal Business School, Mumbai

• Rayat Bahra University, Mohali

• MIT School of Management, Pune

• Gondwana University, Maharashtra

• Directorate of Distance Education, Madurai Kamaraj University, Madurai

• National Institute of Industrial Engineering, Mumbai

• MBA Project Management distance education is also available in many universities.

• Project Planning And Execution, Project Control System, Project Risk Management, Project Finance, Project Contracting And Clearances are some of the topics in the MBA Project Management syllabus.

What is Master of Business Administration [MBA] (Project Management)?

• Project management is the application of knowledge, processes, methods, skills and experience to achieve the project objectives.

• A project is a single attempt taken to achieve an outcome that is planned and is desirable.

• The skills taught in the course include defining, planning, execution, control and closure of the project.

• Project Management has to be specially tailored to fit the industry the project is in.

• A normal MBA equips the students with basic management skills. An MBA Project Management in India helps the students learn how to initiate, plan, execute, control and close a project in the given limited timespan with the available resources.

• In the late 18th Century, the science and practice of project management developed into a discipline of study.

• Henry Gantt and Henri Fayol are considered the two forefathers of project management.

• Henry Gantt developed the Gantt chart for the tracking of scheduled projects in the early 1900s, and Henri Fayol created the five management functions that form the foundation for knowledge about scheduled projects.

• By the 1950s, project management was recognized as a key scientific discipline in the engineering industry and the military.

Why Choose Master of Business Administration [MBA] (Project Management)?

• A person with MBA Project Management in India can draw a salary of INR 8.46 L per annum.

• Reputed companies like L&T, Capgemini, HCL, Infosys and others recruit project managers for their projects.

• A graduate in project management will be trained to handle and avert crises and risks that may come during the course of a project.

Top Colleges for Master of Business Administration [MBA] (Project Management):

Eligibility Criteria for Master of Business Administration [MBA] (Project Management):

• Graduation with a minimum 50% aggregate marks and a valid score in any of the national level entrance exams like MAT / CAT / GMAT / NMAT.

• Or University entrance exams like ATMA / XAT etc.

Admission Procedure for Master of Business Administration [MBA] (Project Management):

• Admission procedure includes applying to any of the entrance exams and qualifying in it.

• The three stages of admission are generally followed:

• Written Test

• Group Discussion

• Personal Interview