MIP-Politecnico Di Milano

MBA, Full Time (1 year)

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MBA in Project Management

Did you know that around a third of a company's total expenses arise from project work? Planning and controlling projects is one of the core areas of a successful company. In an MBA project management course, you will learn everything you need to plan projects responsibly and bring them to economic success. You can find out what you need to bring with you for the MBA course, what course content you can expect and what career prospects there are in our detailed article.

Economic prosperity is characterized, among other things, by the fact that a company is striving for growth. For example, in order to open up a new business area or to optimize work processes, appropriate measures are taken in the form of projects. Such a project wants to be crowned with success, therefore ideally the expertise of capable process and project managers is required.

An MBA project management degree has a varied structure. For example, it imparts important leadership skills to organize projects and motivate employees. But the economic efficiency of a project must also be taken into account. Last but not least, content from business management topics such as controlling is integrated in the course. With an MBA in project management, graduates are often given a job in the management of a company.

With an MBA project management, you are able to take on a key role in companies of all kinds thanks to the additional specialist knowledge acquired. Entrepreneurial economic growth benefits from successfully implemented projects. Therefore, they can become management experts regardless of the industry, Graduates of an MBA course often hope for more salary through an MBA, which is usually the case in reality.

The MBA course is usually a course for experienced professionals who want to acquire additional qualifications for the job, The majority of the MBA project management courses are therefore offered as part-time MBA or distance learning, So you don't have to do without your job because of your studies. Thanks to your studies, you represent a great added value for your employer. So don't be afraid to speak to your boss about funding for your studies, for example through employer financing or an exemption during the examination phases.

Requirements

In general, there are two prerequisites that new students have to bring to an MBA. A first university degree is essential for starting your studies. The MBA project management conveys knowledge of business and management that is independent of the industry, so a specific Bachelor's degree is rarely required. However, there are exceptions to this rule, for example an MBA distance learning course without a first degree is possible. For this, prospective students often have to distinguish themselves through a special professional qualification. Regardless of whether you have a bachelor's degree or not, you almost always need to have several years of professional experience,

Costs

If you decide to do an MBA in project management, you have to expect some costs for your studies. For an exemplary overview, we have researched the study costs of various universities below. But do not let that distract from the cost of your academic dreams, because with a good financing studies, you invest a lifetime in your future. By the way, did you know that you can also deduct tuition fees from tax ?

Examples cost MBA project management

In addition to the pure study costs, there are often additional costs. For example, you must also include travel or travel expenses for events or exams. Teaching materials such as books or media (devices) also want to be paid for and used.

Course content

The course content of an MBA project management is completely geared towards successful project work. The student thus becomes an expert for project work of all kinds, Are you working in the industrial sector and want to optimize production processes? Your company wants to expand abroad and is looking for a suitable corporate strategy with as little wastage as possible? These and other entrepreneurial matters are taken up in projects and implemented as successfully as possible. To ensure that this works successfully, students of an MBA project management are taught extensive leadership and social skills, In addition, this content is supplemented by business topics of corporate management or management.

Using this study concept, graduates of the MBA project management degree can not only plan and successfully carry out projects, they also ensure cost-effective project work and motivating management of employees. We would like to show you what possible content you can expect in a corresponding course of study using some example modules.

Possible project management modules

• Project finance
• Project controlling
• Project marketing
• Strategic management
• Risk management
• Business planning
• Organizational strategies
• Change management

Duration and expiry

Depending on the study model, an MBA course lasts between two and three years. How long a course of study actually lasts depends on your own motivation and personal circumstances. The universities themselves stipulate a standard period of study of three to five semesters, The degree concludes with the academic degree of the Master of Business Administration (MBA), which is equivalent to any other Master's degree.

An MBA project management course is often organized as a part-time variant. At the beginning of your studies, you can choose between part-time study and distance learning. Anyone who chooses a part-time MBA classroom study will come across a course of study with attendance times two to three days a week or on weekends. With the MBA distance learning course you are not bound in time and place, but you have to acquire the contents of the course completely yourself. Recently, some courses have also been offered as an online MBA course.

Career and salary

Prepare to climb the career ladder with an MBA project management. Because with the appropriate specialist knowledge, you can hold important positions on the management level regardless of the industry, Nothing stands in the way of a career in your dream industry. Or you can continue to advance in your existing profession and take on more responsibility in your area.

As a project manager, you ensure the successful and efficient implementation of projects of all kinds. Whether industry, administration, public service or the private sector, these and many other areas need sensible project planning and implementation in order to remain successful and competitive.

Salary

It's no secret that the prospect of a higher salary is one of the main reasons for studying for an MBA. In fact, MBA graduates also earn a good salary, because after all, these graduates often take on a job with a lot of responsibility. The degree alone is not only decisive for a high salary. Other factors are crucial for the salary negotiation. On the one hand, it depends on how much professional experience you already have, on the other hand, a certain portion of negotiation skills has a significant impact on the monthly salary.