Online MBA in Project Management - ICFAI University, Agartala

  • Years 2 Years
  • Type Course Post Graduate
  • stream Management
  • Delivery Mode
Written By universitykart team | Last updated date May, 13, 2024

About Online MBA in Project Management: Admission Process, Salary, Eligibility Criteria, Entrance Exams, Skills Required, Fee Structure, Top Colleges, Career/Scope, Job Profiles

An MBA project management Online is intended to assist students in gaining the abilities and expertise required to succeed as project managers. Planning a project, managing risks, negotiating a contract, and cost control are all covered in the coursework. Additionally, students study effective teamwork and client communication.

Graduates of a master of business administration (MBA) in a project management program have the knowledge and expertise necessary to land advanced managerial positions. An MBA program instructs students in accounting, finance, human resources, strategic planning, and operational aspects of businesses.

An online MBA in project management could be helpful for people who want to hold managerial positions. This degree offers a reasonably simple route to organizational leadership. However, project management jobs can face stiff competition.

Graduates with an online MBA in project management can find employment in several fields, including marketing, engineering, construction, healthcare, and information technology (IT). A project manager may be able to advance to the position of chief operating officer or another C-suite executive with the help of an MBA.

Online MBA in Project Management Highlights

The main features of the Course Online MBA in Project Management are listed below:

Particulars Value
Name of Course Online MBA in Project Management
Course-Level Postgraduate
Duration 2 Years
Eligibility Bachelor's degree with minimum work experience
Admission Process Merit and Entrance-based
Average annual Fee 1 to 7 Lakhs
Average Salary INR 3-20 Lakhs per annum
Top Recruiting Organizations IBM BTO Business Consulting Services, T Infotech, HCL Technologies, Capgemini, Infosys, Tech Mahindra, Honeywell
Job Profiles Computer Scientist, Database Administrator, Project Leader, Software Publisher, Research Assistant, Operations Manager, and many other positions

Why Online MBA in Project Management?

(1). Online MBA in Project Management is one of the most sought-after courses in the world, and it is an essential field with huge demand. The course has been designed to give students a thorough understanding of project management and its related concepts, tools, and techniques.

(2). Candidates will gain an opportunity to work on real-life projects with various organizations, such as government departments, educational institutions, etc., which can help them build strong relationships with clients and employers.
 
(3). Through an Online MBA in Project Management, you will learn how to plan and organize projects effectively, which will help you to prioritize tasks, manage resources and keep your team focused on the goals of the project at hand.
 
(4). An Online MBA in Project Management provides practical knowledge about how organizations work together successfully over time through effective collaboration among employees from different departments or functions within an organization (such as marketing and finance).
 
(5). The MBA degree in Project Management will help you get an excellent job in the project management industry and make you more competitive than your peers

MBA in project management Eligibility criteria

The requirements for an Online MBA in project management differ by nation, institution, and institution. However, a bachelor's degree in any discipline with at least a 50% average is the basic prerequisite for pursuing an MBA in project management. In addition to the required academic credentials, certain institutions may additionally demand work experience. The MBA in Project Management is also open to applicants who have a professional degree, such as a C.A., ICWA, C.S., etc.

Online MBA Project Management Admission Process

(1). The admission process is fairly simple because all you have to do to enrol in a university is go to the online registration page on the college's or university's official website. Following are the detailed instructions: First and foremost, register yourself on the internet website using your personal information. Next, select your course (Online MBA Project Management) from the PG Admission site. After that, thoroughly fill out your admissions form. then add any required papers there. Then, submit your application there.

(2). Other than the online registration process you can visit the college campus and continue the Admission Process for Online MBA in Project Management

Online MBA in Project Management Selection Process

Students are chosen for the Online MBA in Project Management program based on how well they perform on the entrance exam. With a restricted number of seats, it may be determined by merit and quota or by the entrance exam cut-off scores. On their official website, the MBA in Project Management program outlines the steps and procedures that applicants must complete to be admitted. Both online and offline applications will be accepted for the MBA in Project Management course. By providing all necessary documentation, students can apply online on the university's website.

Online MBA in Project Management Entrance

To get Admission to Online MBA in Project Management few colleges conduct the entrance exams like:

SNAP CMAT
XAT GMAT
MAT CAT

Online MBA in Project Management Skills Required

Some of the skills that play an important role while pursuing an Online MBA in Project Management:

Time Management Decision Making
Good Communication Problem Solving skills
Creative Thinking Leadership Skills

Comparing Online MBA Specializations: Project Management vs. Organizational Behavior

In the table given below course Online MBA in Project Management is compared with the Online Master of Business Administration (MBA) in Organizational Behavior:

Name of Course Online MBA in Project Management Online Master of Business Administration (MBA) in Organizational Behavior
Overview of Course An online MBA in project management could be helpful for people who want to hold managerial positions. This degree offers a reasonably simple route to organizational leadership. However, project management jobs can face stiff competition. An MBA in Organizational Behavior (OB) is a specialized degree program that focuses on understanding human behaviour in the context of organizations. It combines principles from psychology, sociology, and management to develop insights into how individuals, groups, and systems function within the workplace.
Course-Level Postgraduate Postgraduate
Duration 2 Years 2 year
Eligibility Bachelor's degree with minimum work experience Bachelor's degree in any discipline
Exam Types Semester-wise examinations and projects Semester-wise examinations
Admission Process Merit and Entrance-based Entrance exam (e.g., CAT, MAT, XAT) followed by Group Discussion (GD) and Personal Interview (PI) rounds
Average annual Fee 1 to 7 Lakhs INR 1 lakh - INR 5 lakh (varies by institution)
Average Salary INR 3-20 Lakhs per annum INR 6 lakh - INR 20 lakh (varies by job role and organization)
Top Recruiting Organizations BG India, NDSC, SGC India Private Limited, Telford International, Bechtel India Private Limited, IBM BTO Business Consulting Services, L&T Infotech, HCL Technologies, Capgemini, Infosys, Tech Mahindra, Honeywell Corporations, consulting firms, universities, non-profit organizations, government agencies, Accenture, Deloitte, IBM, McKinsey Company, Tata Consultancy Services (TCS), Infosys, Amazon, Wipro, KPMG, Ernst Young (EY)
Job Profiles Computer Scientist, Database Administrator, Project Leader, Software Publisher, Research Assistant, Operations Manager, and many other positions Organizational Development Specialist, Human Resources Manager, Talent Acquisition Manager, Training and Development Manager, Change Management Consultant, Leadership Development Specialist

Top Online MBA Programs in Project Management: Colleges and Fees

Here are some of the top colleges offering Online MBA in Project Management in India along with their approximate fees:

College Name Fees (Approx.) (INR)
Indian Institute of Management, Kozhikode 1,00,000 - 1,50,000
Symbiosis Center for Distance Learning 50,000 - 1,00,000
Narsee Monjee Institute of Management Studies 2,00,000 - 2,50,000
ICFAI University 70,000 - 1,00,000
Amity University 1,50,000 - 2,00,000
IGNOU (Indira Gandhi National Open University) 40,000 - 50,000

Online MBA in Project Management Job Profiles

The Top job profiles for Online MBA in Project Management graduates along with their job Profiles are listed below:

Job Roles Description
Project Manager A project manager is in charge of organizing and directing the creation of new projects. Designing new projects and developing and presenting fresh suggestions for ways to enhance already-existing procedures that influence the organization both involve active investigation.
Project Planner A project planner is responsible for developing plans for each project's design, acquisition, construction, installation, and commissioning activities from the time of the initial bid until the project's completion. They also regularly assess the program's progress and offer management reports as required.
Risk Management Analyst A risk management analyst is in charge of the organization's comprehensive insurance and risk management programme, assessing and identifying risks that could seriously affect the organization's reputation, safety, security, or financial success.
Project Procurement Manager A project procurement manager is in charge of working with vendors to secure affordable, high-quality materials for manufacturing operations. Project procurement managers come up with plans for completing projects on time and within budget.
Project Leader A project leader organizes team schedules and helps with new team member onboarding and training. He or she compiles and conveys a concise outline of the objectives and expectations of the team members. Offering emotional support, makes the members of the project team feel appreciated.

MBA Project Management Employment Areas

There are numerous Employment Areas for Online MBA in Project Management courses, few are listed below:

Information Technology Companies Banking
Amazon TCS
Trading Firms Government Agencies

Online MBA Project Management Salary

Candidates who choose a career in project management can comfortably earn a good salary package. Here is a table outlining some of the common job roles and average annual salaries for individuals with an Online MBA in Project Management:

Job Role Average Annual Salary (INR)
Project Manager 6,00,000 - 12,00,000
Program Manager 8,00,000 - 15,00,000
Project Coordinator 4,00,000 - 7,00,000
Business Analyst 5,00,000 - 9,00,000
Operations Manager 7,00,000 - 12,00,000
Supply Chain Manager 6,50,000 - 11,00,000
Construction Project Manager 6,00,000 - 10,00,000
IT Project Manager 7,00,000 - 14,00,000
Quality Assurance Manager 6,50,000 - 12,00,000

Online MBA Project Management Scope

Students who want to advance their careers as quality consultants, project leaders, analysts, or business developers in top organizations should consider a Postgraduate degree in Online MBA Project Management. Therefore, the graduates can work on projects ranging from technology implementation and infrastructure development to marketing campaigns and product launches.

Pursuing an Online MBA Project Management course allows you to stay updated with the latest industry trends, tools, and methodologies. Overall, an Online MBA Project Management course can provide you with a well-rounded skill set and a competitive advantage in the job market.

An online MBA in project management allows graduates to work in various industries, including construction, engineering, healthcare, marketing, and information technology (IT). Also, an MBA can enable a project manager to move into the role of a chief operating officer or another C-suite executive. MBA in Project Management students might focus on a particular career track, such as a career in IT, marketing, finance, sustainability, or human resources. Choosing a concentration helps students focus their careers and positions them for employment in industries that suit their interests.

Career opportunities after the course Online MBA in Project Management

Here's a table outlining some career opportunities you might pursue after completing an Online MBA in Project Management:

Career Opportunity Description
Project Manager Overseeing the planning, execution, and closing of projects within various industries.
Program Manager Managing multiple projects simultaneously to achieve organizational goals and objectives.
Project Consultant Providing expert advice and guidance to organizations on project management best practices.
Operations Manager Optimizing processes and procedures to ensure efficient and effective business operations.
Supply Chain Manager Coordinating the flow of goods and services from suppliers to customers, ensuring efficiency.
Construction Manager Leading construction projects, from planning and budgeting to supervising on-site activities.
IT Project Manager Managing technology projects, including software development, system upgrades, and more.
Healthcare Project Manager Overseeing projects within healthcare organizations, such as hospital expansions or IT upgrades.
Quality Assurance Manager Ensuring products or services meet quality standards through rigorous testing and analysis.
Business Analyst Analyzing business processes and systems to identify opportunities for improvement.

Higher Studies Post-Online MBA in Project Management

One can also have the chance to enrol in a PhD program that is research-based to open more doors. The Ph.D. program can be applied soon after passing the master’s degree in Project Management. Here's a table outlining further education opportunities after completing an Online MBA in Project Management in India:

Program Name Institution/Provider Duration Description
Executive Certificate in Project Management Indian Institute of Management (IIM) or similar business schools 6 months to 1 year Advanced certification focusing on practical project management skills and leadership.
Master of Science (MSc) in Project Management Various universities offering distance learning programs 2 years In-depth study of project management methodologies, tools, and techniques.
Professional Diploma in Project Management Project Management Institute (PMI) or equivalent organizations 6-9 months Certification program emphasizing PMI standards and best practices in project management.
Advanced Diploma in Strategic Project Management Indian School of Business (ISB) or similar institutions 1 year Intensive program covering strategic aspects of project management and business leadership.
Certification in Agile Project Management Agile training institutes or online platforms 3-6 months Specialized training in Agile methodologies for managing complex projects effectively.

These are just a few options available for further education and specialization in project management after completing an Online MBA. Each program offers unique insights and skills to enhance your career prospects in this field.

Essential Skills for Success: Online MBA in Project Management Graduates

Project management skills are the core abilities necessary to complete a project from start to finish. Project management skills are a combination of technical skills like risk management and interpersonal skills like communication and motivation. Project management skills can have a direct impact on the team's ability to complete an assignment.

Many skills are crucial to being an excellent project management graduate. Understanding what these skills are and how you can improve them can help you excel in your career.

(1). Adaptability

(2). Patience

(3). Negotiating

(4). Understanding industry technology

(5). Interpersonal skills

(6). Organization

(7). Motivation

(8). Risk management

(9). Budget management

FAQs Related to project management online MBA

Q: What is a project management online MBA?

A: A distance learning program called an online MBA in project management educates students in advanced business and project management techniques using online resources. It gives students the abilities and information they need to succeed in project management positions across a range of sectors.

Q: What prerequisites must a student meet to enrol in an online MBA program in project management in India?

A: A bachelor's degree in any discipline from a reputable university is normally required for applicants, as is a minimum percentage or CGPA. However, eligibility requirements may differ between universities. Additionally, certain colleges could demand appropriate work experience.

Q: How long does it take to complete an Online MBA in Project Management?

A: The duration of an Online MBA in Project Management in India usually ranges from 1 to 2 years, depending on the program structure and the student's pace of study.

Q: Are Online MBA degrees in Project Management recognized by employers in India?

A: Yes, Online MBA degrees in Project Management from reputable and accredited institutions are recognized and valued by employers in India. However, it's essential to choose a recognized and reputed university to ensure the degree's credibility.

Q: What are the key subjects covered in an Online MBA in Project Management?

A: Common subjects covered in this program include project planning and execution, risk management, financial analysis, leadership and team management, strategic planning, and organizational behaviour.

Q: Can I pursue an Online MBA in Project Management while working full-time?

A: Yes, one of the advantages of an Online MBA is the flexibility it offers. Many students pursue this degree while working full-time, as they can study at their own pace and schedule their classes around their work commitments.

Q: How are online classes conducted for an MBA in Project Management?

A: Online classes are typically conducted through virtual learning platforms, video conferencing, pre-recorded lectures, online discussion forums, and interactive assignments. Students can access course materials and interact with professors and fellow students online.

Q: What are the career opportunities after completing an Online MBA in Project Management in India?

A: Graduates with an Online MBA in Project Management can pursue various project management roles in industries such as IT, construction, healthcare, finance, and consulting. Job titles may include project manager, program manager, project coordinator, and operations manager.

Q: Is there any specialization available within an Online MBA in Project Management?

A: Some universities may offer specializations or elective courses within the Project Management MBA program, allowing students to focus on specific areas like IT project management, agile project management, or international project management.

Q: How much does an Online MBA in Project Management cost in India?

A: The cost of an Online MBA in Project Management can vary widely depending on the institution, program duration, and reputation. On average, the tuition fees may range from INR 2 to 6 lakhs or more. Additionally, consider other expenses like study materials and technology requirements.

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