How to Advance Career with MBA in Project Management?

1. How an MBA in Project Management will Advance Your Career? Considering an MBA in Project Management provides a candidate with the opportunity to manage teams, strategize, and solve different problems. If you are a natural leader with a flair for business and a knack for getting things done perfectly and on time, then you can an ideal candidate for pursuing this course. This degree combines different skills in business and leadership with specific techniques in advanced project management to prepare you for executive-level positions in the field. If you are considering pursuing an on-site or an online MBA in project management in India, then this article will be helpful for you. Project Management Job Outlook There are many project managers who hold just a bachelor’s degree which is associated with entry-level positions in the field. While a bachelor’s in project management can provide the graduate with specialized project management training, however, employers look for an MBA in project management when hiring for upper-level positions. Project management is a fast-growing field and the demand is increasing with more international companies setting up their business in India. Companies are losing money because of poor project performance, hence they need project managers who are qualified professionals. The few professionals qualified to fill the roles particularly those with an advanced and specialized degree such as project management MBA- will be in a unique position to take advantage of the opportunity this shortfall represents. The Different Job Profiles A project management MBA helps in getting to top-level positions. With the advanced business skills that come with a professional degree, you are more likely to understand responsibilities, manage teams, develop strategies, solve complex logistical problems and so on. A few of the project management job profiles are mentioned below: 1.Project manager: A project manager’s job role includes organizing, leading, and problem-solving on a given project. They need to handle more than one project at a time. They also have to define goals for the projects and create timelines and budgets to manage risks and communicate with the stakeholders on a given project through all phases of its life cycle. 2.Senior project manager: Big companies tend to work on different projects at a single time. Senior project managers are required to oversee the different project managers. They need to supervise and direct them, allocate the resources, communicate with the other companies, and handle the projects. 3.Program manager: When projects are large, interconnected, and interdependent, they are considered as programs. The program manager is those who handle these complex projects and set objectives, plan, implement, manage operations and report on the progress of the program. 4.Project portfolio manager: Project portfolio managers help the companies identify the most worthwhile projects, distribute resources as well as improve project and portfolio performance. The project portfolio manager needs to set the priorities and allocate resources between the project based on the company and the executive’s goals.

2. So, these are some of the job profiles to keep in mind while pursuing an MBA in project management. If you also want to gain success in your career then act now. There are plenty of colleges that offer MBA in project management. Go through them to choose the right college to pursue your dream course. Get admission now and step forward in your career.