The project economy is booming, with businesses everywhere using more projects to solve complex global problems and innovate than ever before.
Business schools have responded by launching specialized MBA degrees in Project Management. They cover the entire project life cycle, financial planning and risk analysis.
Many enable remote study, meaning students do not have to quit their job and forgo a salary to get the degree. This enables the cohorts to be highly diverse to reflect the globalization of project management, and provide cross-cultural management skills that are crucial to success in the field.
The courses tend to come with industry certifications and designations, such as PMP certification from the Project Management Institute. This paves the way to further industry qualifications and a global network of project managers, both of which may prove valuable in the job market.
Most of the schools bolt-on specializations in project management, rather than offer full MBA programs in the subject. Others offer certifications that can bolster a student’s resume. All focus on putting theory into practice through consultancy projects, for instance, and are often centered on innovation.
Here are the top 10 MBA programs in Project Management
The WU Executive Academy, Vienna University of Economics and Business, runs a Professional MBA in Project Management. The degree program gives students a foundation in business fundamentals as well as a specialization in project management. WU Vienna has triple crown accreditation from the EQUIS, AACSB and AMBA awarding bodies, ensuring quality of teaching standards and research output.View School Profile
SKEMA Business School has a summer school that includes a project management module. MBA students come to the school’s Paris campus in June to learn how to lead increasingly complex and large projects. The content covers how to design and negotiate contracts, risk analysis and planning techniques, as well as cross-cultural management. SKEMA was founded in France but has campuses across the world, offering students a truly global learning experience since they can move between bases.View School Profile
NEOMA Business School in France has 10 years’ experience in educating future international project development leaders. The school runs an MSc in Project Management, but MBA students can take courses around project management too. They learn about the political, financial and environment aspects of global project management. What’s more, the learning is hands-on, with students working on real consulting projects with leading corporations.View School Profile
Nottingham Trent University Business School, in the UK, was the first university globally to achieve an award from the Association for Project Management. Its students are on a pathway to becoming chartered project managers, a respected industry designation. The school runs an MSc in Project Management but its MBA students study project management as well via experiential projects that focus on responsible and sustainable management.View School Profile
At the Naveen Jindal School of Management in Texas, MBA students can take a project management certificate program that was among the first in America to be accredited by the Project Management Institute (PMI) and Global Accreditation Center for Project Management Education Programs (GAC). Such industry connections mean the course can stay responsive to market demands and offers students a global network of project managers that may be valuable in securing a job.View School Profile
The University of Mary Washington offers an AACSB-accredited MBA with a project management certificate in Dahlgren, Virginia. It is part of a partnership with the local navy base. A fast-track program, it takes just 12 months to complete. Prospective students may have the GMAT or GRE admissions requirement waived.View School Profile
The Stevens Institute of Technology, in New Jersey, offers MBA students a project management certificate program that covers risk management, human resources, et al, and emphasizes leadership development and analytical skills. The school focuses on innovation and also runs a master’s program in enterprise project management that is accredited by the PMI.View School Profile
Although the school does not offer an MBA in Project Management, students in the school’s full-time MBA can take elective classes in project management. The school also hosts a research area in ‘Megaproject Management,’ which looks at ways to tackle large-scale projects such as the development of carbon-neutral fuels.View School Profile
The Moscow Business School runs an MBA specialization in Project Management that gives students a broad base of knowledge, needed to run projects including marketing, finance, and human resources. Students learn how to create a project from the ideation to the execution phase. The school in the Russian capital also runs a specialization in innovation and projects.View School Profile
IMISP was among the first business schools in Russia to be accredited by AMBA, and the school in St Petersburg is also certified by the PMI. The school’s MBA can be completed in a short 10 months, providing a relative quick return on investment. Students can go on exchange to some of Europe’s best business schools including ESADE in Spain and SDA Bocconi in Italy.View School Profile