Often designed as the perfect management bridge for mid-career professionals, a Master of Science in Project Management aims to help students intertwine their already-acquired business acumen and experience with the communication and leadership skills necessary to be a team and project leader in virtually any field.
Career Outlook & Salaries with This Degree
As corporations, both small and large, continue to expand the scope and complexity of the projects they undertake, existing employees are being further expected to be able to manage the short- and long-term operations of those projects. Because of the necessity of project management in such a large array of business operations, no one specific career path or job duty is tied to an MSPM. To that end, in many instances, a degree in project management is best suited for those looking to advance within a current position or career that requires the particular skill set.
Salary structure will vary, most notably due to the vast array of possible industries and career options that are tied to the efficient execution of projects and other similar corporate initiatives. While those in project consulting could expect to earn between $60,000 and $70,000, construction project managers may expect to earn in upwards of $75,000 with an MSPA. Information technology professionals could expect $85,000, while those in manufacturing with an MSPA could expect to earn six figures.
Job Responsibilities with this Degree
Typical job responsibilities for someone with an MSPA degree would likely follow that of the proscribed coursework during the program, including bid estimation, scheduling, and personnel leadership, among others necessary duties.
Course Requirements and Prerequisites for Earning this Degree
Since the MSPM is often intended for those seeking a mid-career educational and skill-training bump, a bachelor’s Common coursework in most MS in Project Management programs include the study of bid estimation and cost management, planning and scheduling, quality control, risk assessment, project leadership, and the utilization of digital tools. Elective offerings are also quite common, with communication courses often an option.
