Best Master's In Project Management Degrees

Updated November 17, 2022

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Project management degrees feature interdisciplinary curricula. Coursework focuses on human relations and business strategies. Potential specializations include

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Getting a Master's Degrees in Project Management

Experienced professionals can earn a master's in project management degree to qualify for leadership positions. Coursework emphasizes negotiation, communication, and conflict resolution skills. Curricula typically cover business analytics and cost estimation and forecasting. Graduates can pursue in-demand project management certifications.

Project management degree holders can work in construction, information services, and finance. This broad demand makes the degree an attractive option for workers who want to advance professionally. The following sections introduce typical program requirements and potential jobs and their salaries. This guide also answers popular questions about project management degrees.

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Frequently Asked Questions About Project Management

What can I do with a master's in project management?

Students earning a master's in project management degree prepare to lead large teams. Degree-seekers select a concentration to prepare for their specific career goals.

How long does it take to get a master's in project management?

Learners typically earn their project management degree in 1-2 years. Part-time students may need an additional year. Degree-seekers work with an enrollment advisor to plan their course load and graduation timeline.

Are project managers in demand?

The Bureau of Labor Statistics (BLS) projects a growing demand for project managers. For example, the BLS projects employment for construction managers to increase 11% from 2020-2030. This projection indicates a strong job market for graduates.

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Why Get a Degree in Project Management?

A master's in project management degree qualifies holders to work in many fields. Graduates often secure high-paying positions. Master's degree holders make decisions that impact entire companies and organizations. Degree-seekers learn from industry experts to prepare for these responsibilities.

Benefits of online learning include the ability to attend a top out-of-state school. The best schools provide online learners with the same academic and career-planning resources available on campus. Many programs feature asynchronous classes. This format allows students to complete coursework around their work schedule. Students who work while in school can immediately apply new knowledge and skills.

How Much Does a Project Management Degree Cost?

Institutions may charge a per-credit or per-semester tuition rate. Private schools typically cost more than public institutions. Project management degree-seekers should also budget for technology fees, materials, and graduate student fees. Online learners may also need a new computer to meet technology requirements.

Some employers offer tuition reimbursement programs. Degree-seekers should also complete the FAFSA to determine whether they qualify for federal financial aid. Students with financial need may receive federal grants and low-interest loans.

How Much Do Project Management Majors Make?

High-paying careers for project manager degree holders include construction project manager and IT project manager. Graduates can also work as administrative services and facility managers. Construction managers earn a median annual salary of $97,180, according to BLS data. However, salaries vary by position and industry. Geographic location also affects earning potential. People in areas with higher costs of living typically earn higher salaries.

For a project manager, salary often increases with a master's in project management degree. Professionals can also earn a project manager certification to increase their earning potential. Those who specialize in an industry with a high demand for managers may qualify for higher salaries. Some workers receive a raise when they begin leading large teams.

Courses in a Master's in Project Management Program

Project management degrees feature interdisciplinary curricula. Coursework focuses on human relations and business strategies. Potential specializations include enterprise architecture, supply chain management, and engineering. Some programs allow degree-seekers to create a custom specialization with an academic advisor.

Students earning a project manager degree often complete the following three courses. However, course topics, academic requirements, and graduate outcomes vary by school and program. Learners can consult their prospective school's student handbook for detailed information. An admissions advisor can provide more information about the student experience.

  • Requirements Elicitation and Business Analytics

    Project managers in all industries need advanced business analysis skills. This class covers basic business analysis topics, stakeholders' roles, and business analysis planning. Participants create mock documents for stakeholders. They also research business concepts. Graduates apply these skills when following workplace best practices.
  • Schedule Management

    Project managers create schedules for employees under their supervision. This course explores interactions among a project's schedule, scope, and interdependencies. Learners also critique various work breakdown structures. These assignments train degree-seekers to recognize and respond to scheduling mistakes.
  • Cost Estimation and Forecasting

    The project planning process involves estimating costs over the project's duration. Managers make sure the project stays on budget. This class teaches basic terms and concepts, formal techniques, and independent cost estimates. During a final assignment, learners apply value management techniques.

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Career and Salary Outlook for Project Management Majors

Professionals often earn a project management degree to qualify for career advancement. Management positions typically offer more responsibilities and higher salaries. These professionals often lead teams and collaborate with other managers.

The careers highlighted below feature median annual salaries exceeding $97,000. Project management degree-seekers can research career opportunities using their school's virtual career center resources. Learners can also make a career counseling appointment.

  • Construction Project Managers

    These professionals supervise workers, develop budgets, and explain contracts to stakeholders. Other responsibilities include hiring subcontractors and writing reports. Construction managers overseeing large projects may also lead a team of less-senior managers. The career requires at least a bachelor's degree and extensive on-the-job training.
  • Administrative Services and Facility Managers

    These managers improve their employer's efficiency. They supervise staff, set department goals, and recommend new procedures and policies. Master's degree holders can work in healthcare facilities, schools, and professional services companies. Individuals most qualified for this role hold a master's degree and certification from the International Facility Management Association.
  • IT Project Managers

    IT project managers ensure their employer's computer networks run smoothly. Responsibilities include installing and maintaining hardware, running security checks, and researching the latest technology. They collaborate with other senior managers to develop budgets and hire new IT staff. Candidates for this position need at least a bachelor's degree. They also need 5-10 years of relevant work experience.
Career Salary Outlook
CareerMedian Annual SalaryProjected Growth Rate (2020-2030)
Construction Project Managers$97,18011%
Administrative Services and Facility Managers$98,8909%
IT Project Managers$151,15011%

Source: Bureau of Labor Statistics

Best Master's in Project Management Degrees 2022

#1 Best Master’s In Project Management Degrees

Georgetown University

  • Washington, DC
  • 4 years
  • Online + Campus

Learners can earn their master's in project management from Georgetown University, which offers 87 master's programs. The master's in project management builds advanced knowledge and skills, helping students increase their career opportunities. Working professionals benefit from the school's flexible enrollment options, which make it easier to schedule classes around other responsibilities.

The master's curriculum incorporates theoretical and practical knowledge to build a comprehensive understanding of project management. Degree-seekers prepare for the workforce with internships and other hands-on learning opportunities. Students may also be able to choose a concentration, building specialized skills in a specific area of project management.

Georgetown University at a Glance:

Location: Washington, District of Columbia

School Type: Private

Admission Rate: 14%

Graduate Tuition In State: $51,336

Graduate Tuition Out of State: $51,336

Percent of Students Awarded Aid: 55%

Average Tuition
In-state
$55,440
Out-of-state
$55,440
Retention Rate
97%
Admission Rate
14%
Students Enrolled
19,593
Institution Type
Private
Percent Online Enrollment
15% Percentage of all students who are enrolled online.
Accreditation
Yes Middle States Commission on Higher Education

#2 Best Master’s In Project Management Degrees

University of Southern California

  • Los Angeles, CA
  • 4 years
  • Online + Campus

The master's in project management program at University of Southern California is one of 199 master's degrees offered by the university. The program encourages career growth through its experiential learning components. Graduate programs prioritize flexibility through their enrollment options, which help enrollees balance school with work or other responsibilities.

Learners take advanced project management classes that build a theoretical and practical understanding of the field. Students strengthen their career-readiness through internships and hands-on learning opportunities. Concentrations and electives let learners customize the degree based on their career goals.

University of Southern California at a Glance:

Location: Los Angeles, California

School Type: Private

Admission Rate: 11%

Graduate Tuition In State: $46,272

Graduate Tuition Out of State: $46,272

Percent of Students Awarded Aid: 69%

Average Tuition
In-state
$57,256
Out-of-state
$57,256
Retention Rate
96%
Admission Rate
11%
Students Enrolled
48,321
Institution Type
Private
Percent Online Enrollment
17% Percentage of all students who are enrolled online.
Accreditation
Yes Western Association of Schools and Colleges Senior Colleges and University Commission

#3 Best Master’s In Project Management Degrees

Drexel University

  • Philadelphia, PA
  • 4 years
  • Online + Campus

Drexel University offers several career-focused graduate programs, including a master's in project management. Located in Philadelphia, Pennsylvania, the private institution serves learners of all types thanks to its many enrollment options. Master's degree-seekers take advanced courses in project management that build on their prior training.

Whether enrolled online or on campus, master's candidates can access a generous selection of college resources and support services. For example, financial aid counselors connect students with grant and scholarship opportunities. Master's degree-seekers can also attend networking events and use library services.

Drexel University at a Glance:

Total Master's Programs: 119

Total Online Master's Programs: 39

Admission Rate: 75%

Graduation Rate: 69%

Student-to-Faculty Ratio: 11-to-1

Graduate Tuition In State: $35,181

Graduate Tuition Out of State: $35,181

Average Alumni Earnings After Six Years: $54,400

Average Tuition
In-state
$52,146
Out-of-state
$52,146
Retention Rate
89%
Admission Rate
75%
Students Enrolled
24,205
Institution Type
Private
Percent Online Enrollment
38% Percentage of all students who are enrolled online.
Accreditation
Yes Middle States Commission on Higher Education

#4 Best Master’s In Project Management Degrees

George Washington University

  • Washington, DC
  • 4 years
  • Online + Campus

For student seeking career advancement, George Washington University offers a master's in project management. Located in Washington, District of Columbia, the private university offers a variety of enrollment options for degree-seekers, including online programs. During the master's in project management program, learners complete a rigorous curriculum that builds on their undergraduate training.

College resources and support services help master's candidates progress toward their degree. Academic advisors help with course selections, while financial aid counselors recommend grants and scholarships. Master's degree-seekers can also take advantage of tutoring centers, library services, and service learning opportunities.

George Washington University at a Glance:

Total Master's Programs: 164

Total Online Master's Programs: 50

Admission Rate: 41%

Graduation Rate: 82%

Student-to-Faculty Ratio: 13-to-1

Graduate Tuition In State: $31,770

Graduate Tuition Out of State: $31,770

Average Alumni Earnings After Six Years: $58,600

Average Tuition
In-state
$54,453
Out-of-state
$54,453
Retention Rate
92%
Admission Rate
41%
Students Enrolled
27,814
Institution Type
Private
Percent Online Enrollment
22% Percentage of all students who are enrolled online.
Accreditation
Yes Middle States Commission on Higher Education

#5 Best Master’s In Project Management Degrees

Embry-Riddle Aeronautical University-Worldwide

  • Daytona Beach, FL
  • 4 years
  • Online

Embry-Riddle Aeronautical University-Worldwide offers 15 master's programs, including a highly ranked master of science in project management. The degree helps graduate students gain specialized training to reach their career goals. Flexible enrollment options, including on-campus and online classes, help enrollees fit school into their schedules.

During the program, learners complete a challenging curriculum that builds comprehensive knowledge of project management. Internships and other hands-on learning opportunities let enrollees apply classroom knowledge in real-world settings. Learners choose concentrations and electives to build specialized skills in a specific area of project management.

Embry-Riddle Aeronautical University-Worldwide at a Glance:

Location: Daytona Beach, Florida

School Type: Private

Admission Rate: 62%

Graduate Tuition In State: $8,268

Graduate Tuition Out of State: $8,268

Percent of Students Awarded Aid: 49%

Average Tuition
In-state
$9,912
Out-of-state
$9,912
Retention Rate
52%
Admission Rate
62%
Students Enrolled
13,773
Institution Type
Private
Percent Online Enrollment
93% Percentage of all students who are enrolled online.
Accreditation
Yes Southern Association of Colleges and Schools Commission on Colleges
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