Best Master’s Degree in Project Management

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Considering a Master’s Degree in Project Management?

Project managers affect nearly every industry. These talented individuals work to move an organization through every stage of a project at any level, including budgeting, organizing, planning, and managing a team.

If you are a project manager, you will need to know how to communicate and work effectively with others. You will need to be a powerful motivator and understand the ins and outs of projects of all kinds. Whether you work in government, healthcare, private industry, education, or any other sector, obtaining a master’s degree in project management is a wise career choice.

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Recommended Schools

Top 10 Best Master’s in Project Management Degrees

Rank School Location
1 Boston University Boston, MA
2 Georgetown University Washington, DC
3 Lehigh University Bethlehem, PA
4 George Washington University Washington, DC
5 Northeastern University Boston, MA
6 Stevens Institute of Technology Hoboken, NJ
7 The University of Texas at Dallas Dallas, TX
8 University of Denver Denver, CO
9 Mississippi State University Mississippi State, MS
10 Saint Mary's University of Minnesota Winona, MN

What kind of master’s degree in project management should you get?

While project managers are needed in just about every industry, very few individuals have the skill sets necessary to pursue these lofty positions. Employers are looking for candidates who know how to solve problems, work well with others, and, at the end of the day, get the job done.

While many companies will hire a project manager with just a bachelor’s degree, most organizations are more likely to promote a manager who has advanced education. Therefore, you should consider a bachelor’s degree in a related field, such as business, before moving on to a broad-based degree in project management.

Want to study Project Management online? Then take a look at our ranking of the Best Online Master’s in Project Management Degrees. You’ll be able to study with flexibility and save some money in the process.

How much money do people make with a master’s degree in project management?

Starting salaries for individuals with master’s degrees in project management vary widely depending on the industry. On average, you can expect to earn around $71,311. However, many people make more, especially if they work in a high-demand industry (such as healthcare) or have several years of experience.

Luckily, these jobs are also in high demand. Over the next ten years, this field is expected to grow by over 33 percent, creating nearly 22 million new jobs.

What can you do with a master’s degree in project management?

Almost every company needs an individual skilled in project management. Most managers work in the fields of information technology, engineering, telecommunications, architecture, or construction. In these positions, you will work to develop all stages of a project to lead it to fruition, such as planning, budgeting, and organizing the workforce.

Most college programs offer a Master of Business Administration in Project Management, meaning that many students go on to work in some type of leadership role upon graduation.

What are the requirements for a master’s degree in project management?

Most schools will require that you have a bachelor’s degree in a related subject, such as business administration, before beginning graduate studies. Several prerequisite skills are also desired by most colleges, such as communication skills, the ability to work within a team, and the ability to multitask.

Universities also like to see that you have strong budgeting and problem-solving skills, along with a great deal of flexibility. While enrolled, you will take coursework in specific topics such as finance, organization, and leadership to help you enhance your skills as a project manager.

What are the best master’s degrees in project management?

The best master’s degrees in project management are those that include the ability to specialize in a chosen concentration. Some schools allow students to take coursework in unique areas such as healthcare management or construction management, a benefit to students who are already working at some level of project management in those fields.

Furthermore, since most students who pursue degrees in project management are already employed, the best degrees are those that offer flexible scheduling. Search for a degree that is offered both on-campus and online to ensure you are receiving the most customizable and highest quality program, and be sure to find one that can be pursued either part- or full-time to ensure that it will be compatible with your busy schedule.

Rankings

See our rankings methodology page.

  1. Boston University
    Location

    Boston, MA

    Tuition

    $$$$$

    Overview

    The award-winning Master of Science in Project Management at Boston University is designed to provide students with the tools and techniques necessary to monitor and track every element of project management, including cost analysis, scheduling, resource allocation, and communications. The program benefits students with a wide range of professional responsibilities and is ideal for those working in a variety of contexts, including information technology, business, biotechnology, and consulting. Degree electives even allow students to pursue certificates in Administrative Sciences.

    Program Features

    This program is offered at Boston University’s Metropolitan College, where students have access to interactive learning experiences both on-campus and online. Required classes include:

    • Project Communications Management
    • Project Risk and Cost Management
    • Project and Program Governance
    • Financial Concepts
    • Quantitative and Qualitative Decision- Making
    • Global Supply Chains
    • The Innovation Process: Developing New Products and Services

    Notables

    Students at Boston University have access to a booming alumni community and distinguished, award-winning faculty. A unique feature of this program is the ability for online graduate students to participate in international study experiences through the Administrative Sciences department. Students can take partner courses abroad in locations such as England, France, Mexico, Germany, and Taipei.

  2. Georgetown University
    Location

    Washington, DC

    Tuition

    $$$$$

    Overview

    Georgetown’s thirty-credit program provides students with hands-on experience in project management by enlisting them in activities such as real-world case studies, networking, and project planning. This program, which can be completed full- or part-time, generally takes around two years to complete and can be started at any time throughout the year. This makes it ideal for working professionals.

    Program Features

    The program emphasizes the technical knowledge and leadership skills for which employers are looking. Students will learn how to analyze and minimize costs and risks, as well as how to plan, manage, and incorporate research. Required courses include:

    • Ethics
    • Project Management Fundamentals
    • Project Initiation & Development
    • Communication & Collaboration for Managers
    • Project Planning
    • Project Execution & Delivery

    Notables

    Offered at the School of Continuing Studies, Georgetown’s program in Project Management is one of thirty professional certificate, custom, and corporate training programs. These programs are contemporary and hands-on, challenging students o embrace that which is out of the ordinary. As a result, Georgetown is a top-ranked university, repeatedly recognized as one of the Best Colleges by U.S. News and World Report.

  3. Lehigh University
    Location

    Bethlehem, PA

    Tuition

    $$$$$

    Overview

    This part-time program is designed for professionals who want to earn a flexible degree at their own pace. Nationally ranked and accredited, the program prepares students by involving them in the landscape of global business. Students will experience a rigorous curriculum taught by faculty who are scholars, innovators, and experienced leaders.

    Program Features

    The program is built on five guiding principles. These principles promote qualities in students such as structured/unstructured decision-making, leadership, ethical and social responsibility, extensive and inclusive thinking, and comprehensive understanding of domestic and global business. Classes built upon these themes, with students taking classes in:

    • Introduction to the Organization and its Environment
    • Project Risk Management
    • Project Management Fundamentals
    • Managing Products and Services
    • Managing People
    • Project Requirements and Scope Management

    Notables

    Lehigh is a premier private research university, ranking at the top of national research universities each year. With over 75,000 alumni worldwide, over 95% of recent graduates achieve jobs in their field within six months of graduation. Programs are highly interactive and provide a global perspective, encouraging community involvement. In fact, over seventy percent of Lehigh students participate in community service by their senior year.

  4. George Washington University
    Location

    Washington, DC

    Tuition

    $$$$$

    Overview

    This unique program emphasizes the personal and qualitative, as well as the technical aspects, of managing projects. Coursework is highly immersive, involving students in team-based projects to help introduce them to the integrated, interdisciplinary nature of multiple perspectives. The university designed the program under a close partnership with Project Management Institute, the world’s leading project management organization, to ensure that graduates are prepared for serious careers in project management.

    Program Features

    This program requires about eighteen months of full-time study, although some students may choose to extend their schedule as they take classes part-time. Required courses include:

    • Statistics for Managers
    • Optimization Models for Decision Making
    • Risk Analysis for Decision Making
    • Cost Estimation and Control
    • Direct Computation Project Management
    • Project Management Finance
    • Executive Decision Making

    Notables

    George Washington is located in the heart of Washington, D.C., just moments away from the White House, State Department, and World Bank. This prime location gives students unique access to speakers, hands-on learning experiences, and internship opportunities. As a result, most students obtain jobs in their fields before they even graduate.

  5. Northeastern University
    Location

    Boston, MA

    Tuition

    $$$$$

    Overview

    Northeastern’s graduate degree in Project Management is offered both on-campus and online, each with a wide variety of entry terms that allow students ultimate flexibility. Students enrolled in this program have the opportunity to pursue tailored concentrations to ensure that they are prepared for whichever career path they are interested in. The university also offers several comparable certificate programs for individuals who are not yet ready to pursue a master’s degree.

    Program Features

    This fledgling program, launched in 2009, trains students in every aspect of project management, including planning, budgeting, and negotiations. Required classes include:

    • Project Scheduling and Cost Planning
    • Project Scope Management
    • Project Quality Management
    • Project Evaluation and Assessment
    • Foundations of Project Management
    • Project Risk Management

    In addition to these required courses, students may pursue concentrations in topics such as Organizational Communication, Program and Portfolio Management, Leadership, and several others.

    Notables

    This unique program allows students to tailor their studies towards their past professional experiences with project management, as well as to study in the dynamic city of Seattle. The college’s location lends students the opportunity to engage with prominent industries such as software development, nonprofits, life sciences, biotechnology, and information technology. Both experiential and cooperative learning programs are available to help students extend their education beyond the classroom.

  6. Stevens Institute of Technology
    Location

    Hoboken, NJ

    Tuition

    $$$$$

    Overview

    Steven’s thirty-credit program in Enterprise Project Management focuses on strategy as applied to the modern version of the discipline. The curriculum is unique, concentrating on business and leadership skills, as well as the technical abilities necessary to produce leaders in the industry. Graduates are prepared to work in a variety of fields, such as software engineering and construction management. Students may also use this program to satisfy professional certification requirements.

    Program Features

    This interdisciplinary program exposes students to project direction, budget management, and timeline creation. Required courses include:

    • Strategic Perspectives in Project Management
    • Fundamentals of Project Management
    • Project Analytics
    • Leader Development
    • Project Management Office
    • Leading Across Projects

    Students may also choose from one of three specialized concentrations, including General Management, Software Engineering, or Construction Management.

    Notables

    This program is offered on-campus as well as online. Online students benefit from Stevens’ proximity to all kinds of industry, including finance, media, and accounting. Students studying on campus benefit from guest lectures, speakers series, special events, hands-on projects, and networking sessions. Online students can participate in live lectures and work on group projects in a program ranked twenty-eighth in the country by U.S. News and World Report.

  7. The University of Texas at Dallas
    Location

    Dallas, TX

    Tuition

    $$$$$

    Overview

    The University of Texas at Dallas offers several levels in which students can enhance their experiences in Project Management. The Project Management Core set of courses leads to a graduate certificate in Project Management, while the Master of Science in Management Science with an emphasis in project management includes additional coursework in business management and an international study trip. Students may also choose to pursue an MBA that requires completion of fourteen additional credits.

    Program Features

    This unique program features a flexible on-campus schedule for busy working professionals. Students only attend classes on Thursday, Friday, and Saturday, or can participate in an asynchronous online program. Coursework will be taken in the following subjects:

    • Project Overview, Strategic and Process Management
    • Project Initiation
    • Project Planning
    • Project Execution Planning
    • Advanced Project Management and Simulation
    • Introduction to Organizational Behavior

    Notables

    This program was designed in collaboration with local industry experts to help develop the competency of their existing project managers. As a result, the program offers a superior, unique blend of technical and cultural skill development. The university was ranked one of the Best Graduate Schools in 2018, according to U.S. News and World Report, and continues to graduate successful alumni from its Project Management programs.

  8. University of Denver
    Location

    Denver, CO

    Tuition

    $$$$$

    Overview

    Offered either entirely online or during evening classes on campus, the Project Management degree at the University of Denver is segmented into ten-week terms. Only twelve courses are required for degree completion in this flexible program. Students graduate fully prepared to take the PMI Project Management Professional Certification Examination.

    Program Features

    This highly customizable program allows students to design custom plans that best suit their career goals and skills. Students will take classes such as:

    • Leadership Development
    • Building the 21st Century Organization
    • Principles of Financing for Organizations
    • Principles of Project Management
    • Project Contracts and Procurement
    • Project Management Tools and Techniques
    • Project Management Dynamics

    In addition to these core courses, many students also opt to take elective classes in areas such as Leadership and Organizations.

    Notables

    The University of Denver is consistently ranked as one of the country’s top 100 universities by U.S. News and World Report. Its programs are career-focused and affordable, with tuition starting at just $660 per credit hour. Significant financial aid is available, including an institutional scholarship designed for students with academic merit and financial need. Other awards include the Graduate Impact Scholarship, intended for students planning to make an impact both locally and globally, and various need-based grants.

  9. Mississippi State University
    Location

    Mississippi State, MS

    Tuition

    $$$$$

    Overview

    Mississippi State University offers a Master of Business Administration with a minor in Project Management. Offered both online and on-campus in Starkville, Mississippi, this program enhances students’ skills in business, speaking, writing, analysis, and presentation, allowing them to make the career advances necessary to become leaders in the field. Both programs are flexible and hands-on, with the online program receiving multiple recognitions as a frontrunner in distance learning in project management. This affordable degree has been ranked a Best Online MBA Program by U.S. News and World Report, as well as a top-ranked program for veterans.

    Program Features

    The university also hosts a graduate minor in this field. For the major, students are required to take classes such as:

    • Leadership Skills for Managerial Behavior
    • Strategic Marketing Management
    • Economics for Managers
    • Corporate Finance
    • Financial Statement and Management Accounting Report Analysis for Decision Making
    • Management Information Technology and Systems
    • Law, Business, Ethics, and Dispute Resolution

    Notables

    In addition to the rigorous coursework provided at Mississippi State, students also have access to nationally prominent faculty in a cohort-based program. This promotes constant interaction among faculty and students. Students also engage in experiential programs, such as professional development workshops (including the unique MBA+ opportunity) and consulting projects.

  10. Saint Mary's University of Minnesota
    Location

    Winona, MN

    Tuition

    $$$$$

    Overview

    Saint Mary’s University of Minnesota structures its Master of Science in Project Management so that students are first introduced to a profound, foundational core understanding of business practices and philosophies. Then, through skill-based projects and real-world examples, students develop the management, goal-setting, and communication skills necessary to lead any team through a complex project. Students work in a cohort-based model, allowing for maximum collaboration, and can begin studies in the spring, summer, or fall.

    Program Features

    This degree is offered on-campus in Rochester or Twin Cities, online, or in a blended program. Regardless of the setting, it can be earned in under a year. Twenty-four core credits are required, along with a range of management and capstone courses. Required courses include:

    • Fundamentals of Project Management
    • Project Planning and Scheduling
    • Technical Communication
    • Project Leadership Team and Stakeholder Management
    • Project Integration and Quality Management
    • Project Risk Management
    • Project Procurement and Cost Management

    Notables

    Because St. Mary’s is a private, nonprofit university, students are the priority when it comes to designing coursework and activities. With a low enrollment of just under 6,000 students, the school hosts a variety of extracurricular and study abroad programs to help students meet their personal goals as well as professional. It has repeatedly been ranked as one of the “Best Value,” “Best Regional,” and “America’s Top Colleges” for several years in a row as a result.

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