Project management seems like a straightforward career but its complexities have given rise to a growing number of accelerated online Master’s in Project Management programs. Students from all educational and work backgrounds are flocking to this graduate degree because it provides them with the necessary training to become managers, directors, and supervisors in their industry. And while traditional programs are still a great choice for pre-service professionals, working adults may be better served by an online program that can cater to their needs.
The 5 Most Affordable Accelerated Project Management Master’s are:
- Bellevue University
- Grantham University
- Sam Houston State University
- Western Carolina University
- University of Wisconsin Platteville
Keep reading for the full Top 30!
Online programs in this field are more flexible than on-campus programs for a few reasons: the choice between live and on-demand classes, accelerated terms, participating immersive summer sessions, and a virtual portal that holds all coursework assignments and tests. They are also more affordable than traditional programs because many schools make it possible for out-of-state students to take advantage of in-state tuition. And, last but not least, these programs come in accelerated formats, enabling working professionals with experience in the field to complete their degrees in two years or less.
Methodology: Ranking the Most Affordable Accelerated Master’s in Project Management
At Fast Master’s Online, speed isn’t the only thing that matters – quality is key. So FMO editors feature only trusted, accredited institutions, ranking them according to current IPEDS tuition data.
1. Bellevue University
Bellevue University offers one of the best online Masters in Project Management. This fully online program can be completed in as few as 18 months. In this program, students learn how to take their project leadership skills up to the highest possible level. They master advanced skills for complex projects. Furthermore, this program can help students foster professional connections.
Bellevue University is a private school with lots of experience in online learning. In fact, many of Bellevue’s programs are 100% online, so online students can rest assured that they’ll get what they need in their courses. This school has its roots in career-focused learning, so students learn the practical skills that they’ll need on the job. Bellevue’s online courses are both flexible and student-centered. Washington Monthly highlights Bellevue University as one of the top ten colleges for adult learners.
Degree: Master of Project Management
Format: Online – 18 months
2. Grantham University
Grantham University offers an MS in Information Management with an emphasis in Project Management. Grantham makes a good choice for those who want an affordable online Master’s degree in Project Management. The program imparts the skills students will need to manage information-based projects. As a result, it’s especially beneficial for people in IT careers. This online degree program can be completed in less than two years.
Grantham University has been focused on student achievement for more than 70 years. This student-centered school provides more resources than many other schools, helping those students succeed academically. This school is uniquely affordable, with one of the lowest tuition rates in the nation. Plus, as a fully online university, Grantham provides plenty of flexible learning options. Grantham University has been recognized repeatedly as a military-friendly university.
Degree: MS in Information Management – Project Management
Format: Online – less than 2 years
3. Sam Houston State University
Sam Houston University offers an MS in Project Management that can be completed online in 18 months. As one of the best online Masters in Project Management, this degree from Sam Houston teaches students how to manage projects in environments that constantly evolve. Students gain confidence in their ability to design and implement effective strategies for these environments.
San Houston State University has a long history, but it still meets the needs of today’s students. For example, Sam Houston State is a leader in online education. Many of its programs are available fully online, so students who need more flexibility can succeed no matter where life takes them. Sam Houston is committed to “preparing students for meaningful lives,” both inside and outside their careers. Sam Houston State University is ranked #5 in the nation for Project Management programs.
Degree: MS in Project Management
Format: Online – 18 months
4. Western Carolina University
Western Carolina University provides an affordable online Master’s in Project Management. Students may complete this program in two years. During that time, students receive preparation to sit for their PMI certification exams. They also learn how to maintain and execute complex mid-level management projects.
Western Carolina University is one of the top schools in the United States for online education. This school is well respected for its impactful research, and it provides a comprehensive education for more than 12,000 students. Western Carolina creates multifaceted learning opportunities that combine teaching, research, and scholarship. Western Carolina does not require a GRE for its Master’s of Project Management program.
Degree: Master of Project Management
Format: Online – 2 years
5. University of Wisconsin Platteville
The University of Wisconsin-Platteville has an MS in Project Management. Many consider this program to be one of the best online Master’s in Project Management. Students may complete this program in two years. UW Platteville’s Project Management degree recognizes that today’s project management experts must balance a lot of priorities, and this program helps students learn how to manage all of them. The program provides a firm foundation for advanced projects and prepares students for a wide range of potential project-centered careers.
The University of Wisconsin Platteville is an important branch in the University of Wisconsin system. UW Platteville provides challenging academics taught by talented faculty members, and students enjoy a low student-to-faculty ratio. This school is especially strong in science, engineering, agriculture, and related fields. Programs here emphasize innovation and forging ahead, which is why UW Platteville students are called pioneers. The University of Wisconsin Platteville has been ranked #1 in the state for annual ROI.
Degree: MS in Project Management
Format: Online – less than 2 years
6. Colorado Tech University
At Colorado Tech University, students can earn an MS in Management with a concentration in Project Management. This program is a top choice for those who want an affordable online Master’s degree in Project Management. This online program has a generous transfer policy, which means that some students may be able to complete their degrees more quickly than expected. This MS is especially relevant for business technology careers. It teaches students how to better manage time, budgets, and other aspects of project management.
Colorado Tech University is a recognized name among technical colleges. This school is a leader in both technical education and online education. Its online programs are designed for both flexibility and value, making education more accessible to busy adult learners. Students here can tailor their education based on their own goals, and they can take advantage of the many opportunities and resources that this school has to offer. Colorado Tech University is highly ranked for online education.
Degree: MS in Management – Project Management
Format: Online – generous transfer
7. CSU Global
CSU Global is a fully online campus that offers one of the best online Masters in Project Management. It’s an accelerated learning program, so students can finish their degrees quickly and move on to the next steps in their careers. This program emphasizes leadership skills as well as project management skills. It provides practical career preparation that can help learners succeed in this rapidly-growing field.
CSU Global is the online learning branch of Colorado State University. Being a fully online campus, CSU Global provides a wealth of resources for nontraditional students. These resources include flexibility and personalized career guidance. This way, online students never feel like an afterthought or like they’re getting left behind. Many CSU Global students are adults with jobs, families, and other responsibilities. 99% of CSU Global Master of Project Management alumni report that they are working in the project management field.
Degree: Master’s in Project Management
Format: Online – accelerated
8. University of Mary
The University of Mary has a great Master’s of Project Management program. Among private Catholic schools, this program is one of the most affordable Master’s degree in Project Management options. Students can complete this program in as few as 15 months. Within the program, learners develop the skills they need to manage projects in any sector. The program teaches students how to meet complex needs by using high-demand skills, including project coordination. Students finish the program by completing a capstone project.
The University of Mary is a Benedictine Catholic university that welcomes students of all faiths and backgrounds. This school is unique among Catholic schools because it provides a career-focused education. Still, it rounds out this education through the liberal arts and service learning opportunities. The University of Mary also has thriving online programs with plenty of flexibility, so students can earn a great education without making compromises. The University of Mary was recognized as a University of Distinction for the 2020-2021 school year.
Degree: Master of Project Management
Format: Online – 15 months
9. Embry-Riddle Worldwide
Embry-Riddle Worldwide has an MS in Project Management program. Many people consider this program among the best online Masters in Project Management. The program has done a lot to earn that distinction. For one thing, it has a generous transfer policy that lets many students finish their degrees in less time. It also teaches the skills that students will need to help organizations maximize their success. The program teaches strategic planning skills, including the skills needed for implementing and documenting those plans.
Embry-Riddle Worldwide is the online campus for Embry-Riddle University. Embry-Riddle ranks highly for its online programs, providing top resources for student success. This aeronautical university is unique among other schools, focusing on engineering, science, technology, and business. It supports the advancement of its students, helping them grow into exciting and in-demand careers. Embry-Riddle University maintains a deep commitment to military members and their education.
Degree: MS in Project Management
Format: Online – generous transfer
10. Avila University
Avila University has an MA program in Management, and students can choose a concentration in Project Management. This choice ranks among the most affordable online Master’s degree in Project Management options. The online program can be finished in 18 months. It trains future project managers to work with technical details and to work effectively with other team members. It fosters leadership and communication skills as well as critical thinking across a variety of projects.
Avila University is a Christian school whose motto is “Be Inspired.” Students and faculty at Avila take that motto seriously. The academics go well beyond classroom learning, with lessons that learners can take into their lives and careers long after graduation. Avila provides a liberal arts education that focuses on the whole person, not just the academic mind. It emphasizes contributing to society as a whole instead of just contributing to a job. 70% of professors at Avila University have achieved a terminal degree.
Degree: MA in Management – Project Management
Format: Online – 18 months
11. Ashland University
Ashland University offers an MBA in Project Management. For students who specifically want an MBA, this program may be one of the best online Masters in Project Management. The program moves quickly, and students can complete it in as few as 12 months. This way, students can put their new skills to work fast. Ashland’s Project Management degree is designed to increase management skills and employability. It also prepares students to sit for the Project Management Professional certification exam.
Ashland University provides a Christian education that focuses on the whole individual, not just the part that engages in classroom learning. Classes emphasize each student’s unique passions and talents, and learners are encouraged to use those skills to change the world. Ashland focuses not just on career and academic skills, but on leadership skills as well. Ashland ensures a high-quality education in the classroom, including the online classroom. Ashland University’s online MBA programs are ranked #6 in the state of Ohio.
Degree: MBA in Project Management
Format: Online – 12 months
12. Marian University
Marian University’s programs include an MS in Management. Within that program, students can focus specifically on Project Management. Among similar schools, Marian University provides an affordable online Master’s Degree in Project Management. The online program lasts for 15 months, and it instills advanced project management skills like problem-solving and communication. With multiple start dates, this program also provides flexibility for busy learners.
Marian University is a Catholic school that focuses on values-based academics. It blends theoretical knowledge with practical experiences, so students get a well-rounded but hands-on education. Marian University has small class sizes, so students get an individualized learning experience. Plus, Marian offers a 100% online learning platform that provides the same quality of education that students receive on campus. Marian University offers an excellent value for education. Out of all of Wisconsin’s private colleges and universities, Marian University offers the lowest net tuition.
Degree: MS in Management – Project Management
Format: Online – 15 months
13. Saint Mary’s University of Minnesota
Saint Mary’s University of Minnesota has a great MS in Project Management program. In fact, this program is one of the best online Masters in Project Management. Saint Mary’s of Minnesota remains highly ranked for Project Management. Students may complete this program in as few as 12 months. During that time, they’ll learn leadership and management skills, and they’ll benefit from deep learning experiences.
Saint Mary’s University of Minnesota is a Catholic university with a mission to nurture and empower its students. Student success is the heart of this university. The school has many campuses, including a thriving online learning platform that provides flexibility for working adults who want to earn a degree. This school provides a complex and well-rounded education, whether students learn on campus or learn from a distance. According to College Rank, Saint Mary’s of Minnesota has one of the top 20 Project Management programs in the US.
Degree: MS in Project Management
Format: Online – 12 months
14. College of St Scholastica
The College of St Scholastica offers an affordable online Master’s in Project Management. This program has a great value, especially among private colleges. Students may complete this program in less than two years, thanks to accelerated degree options. Within this degree, students learn how to manage projects in technology, all while sharpening their leadership and management skills.
The College of St Scholastica draws students with big visions who want to make a difference in the world. It’s a Benedictine Catholic school that’s growing every year thanks to its quality education and deep commitment to its values. St Scholastica provides a personalized education. Students at St Scholastica are treated like individuals, and this school honors their unique passions and goals. St. Scholastica is ranked #1 in Minnesota for upward economic mobility.
Degree: MS in Project Management
Format: Online – less than 2 years
15. Liberty University
Liberty University’s MS in Project Management is one of the best online Master’s in Project Management available today. This program takes less than two years to complete. It recognizes that the business world is driven by results. Therefore, it teaches students how they can create results that are both effective and long-lasting. The program provides training for innovation and strategy.
Liberty University is a widely-recognized Christian school with some great online programs. Those online programs provide all the benefits of a Christian education with all the convenience of distance learning. Whether they learn online or in the classroom, Liberty University students learn to live faith-filled lives and provide service to others by using their passions and talents. Liberty University Online offers some of the lowest tuition rates in the United States.
Degree: MS in Project Management
Format: Online – less than 2 years
16. Colorado Christian University
Colorado Christian University offers an MBA in Project Management. It’s an affordable online Master’s degree in Project Management, especially among MBA programs and Christian schools. The program can be completed in 18 months. It teaches students how to manage people, budgets, and other aspects of large projects. It also focuses on the ethics of project management and how project managers can make the most ethical decisions on the job.
Colorado Christian University is Colorado’s flagship university. Its motto is “Grace and Truth,” and it has spent more than 100 years in service of that motto. Colorado Christian is known and respected for its academic excellence. This school focuses on both the mind and the heart, providing a multifaceted approach to learning. CCU is ranked as one of the top universities nationwide.
Degree: MBA in Project Management
Format: Online – 18 months
17. Penn State World Campus
The Master of Project Management from Penn State is one of the best online Master’s in Project Management. This degree program comes from Penn State’s World Campus, and students can complete it in two years. The business world has an increased demand for project managers, and this program is designed to help students fill those all-important roles. Through this program, students learn how to handle bigger projects with leadership and organization.
The Penn State World Campus is highly ranked among online learning platforms. It delivers Penn State’s high-quality education, but it also provides the added flexibility and convenience that the busiest learners need from their schools. That’s why the World Campus is a top choice for adult learners, military members, and other nontraditional students. Several of Penn State’s business graduate business programs are highly ranked by US News and World Report.
Degree: Master of Project Management
Format: Online – 2 years
18. Regis University
Regis University offers an MS in Project Leadership and Management. It’s an affordable online Master’s degree in Project Management with an added focus on team leadership skills. This two-year program appeals to business leaders and those who want to become business leaders. It helps students sharpen their current skills so that they can help businesses grow and encourage a forward momentum.
Regis University is a Jesuit Catholic University that focuses on making a difference. At this school, education has always been and always will be a deep experience. Regis University educates the mind, explores ethics, and focuses on the whole learner. This school often attracts students who want to make the world a better place. Part of the school’s mission is to help build a more humane world. US News and World Report ranked Regis University #1 in Colorado for best state economy overall.
Degree: MS in Project Leadership and Management
Format: Online – less than 2 years
19. Georgetown University
Georgetown University has a Master of Professional Studies program, and within this program, students can pursue a concentration in Project Management. Many people count this program among the best online Master’s in Project Management programs. This two-year degree program teaches students how to manage projects from the planning stage to execution. It builds skills like leadership, organization, and communication.
As a whole, Georgetown University focuses on providing an education with integrity. It’s a Jesuit Catholic university, which means that it maintains a commitment to excellence, thoroughness, and service to others. It’s a school that educates the whole person. Georgetown’s School of Continuing Studies is especially for graduate students. It’s a place for those students transform their lives and careers by taking the next steps in their educational journeys. Nearly half of Georgetown students are people of color.
Degree: Master of Professional Studies – Project Management
Format: Online – 2 years
20. New England College
New England College has an MS in Management with a concentration in Project Management. This affordable online Master’s degree in Project Management can be completed in twelve months. It’s designed for working adults, so it comes with lots of flexibility. The program imparts key expertise for working in project management.
New England College helps students gain practical skills so they can achieve the careers of their dreams. It offers many valuable resources to promote student success, including several great online programs. New England College has a 10:1 student to faculty ratio, so it appeals to those who prefer smaller cohorts and class sizes. New England College students come from 48 states across the US. US News and World Report ranks NEC as having some of the best online graduate education programs in the nation.
Degree: MS in Management: Project Management
Format: Online – 12 months
21. Lasell University
Lasell University offers one of the best online Masters in Project Management today. This MS degree is fully online and can be finished in as little as twelve months. This program teaches the skills that project managers need to manage complex business projects, from initial ideas to wrapping everything up. It also teaches students how they can make the most of their time, budgets, and other resources.
At Lasell University, the School for Graduate Studies helps students keep their careers moving forward. As a result, this school is a top choice for career development. Lasell provides an education with a professional focus, helping learners make connections between their studies and the real-world applications where they will use those studies. Lasell University’s Graduate and Professional Studies programs let students earn credit for work experience.
Degree: MS in Project Management
Format: Online – 12 months
22. Walden University
Walden University offers an affordable online Master’s in Project Management. This MS degree program lets students transfer up to 50% of their credits, so some students may be able to finish their degrees quickly. The program teaches the broad aspects of technical project management. However, it also teaches the smaller technicalities and skills that can set future project managers apart.
Walden University has a mission for social change. Its motto is “Education for Good,” and every class works toward that motto. Walden University is unique because it exists entirely online. It puts online students first because it only has online students, and faculty members are well versed in distance education techniques. At Walden, students learn how they can use their skills to make a difference. More than 76% of Walden’s students are women, and Walden has students from more than 120 countries.
Degree: MS in Project Management
Format: Online – transfer 50%
23. Northeastern University
Northeastern University’s MS in Project Management is one of the best online Masters in Project Management. Students can finish this program in 12 to 18 months; The timing depends on whether a student chooses a part-time or full-time commitment. In any case, the courses in this program impart the skills it takes to help companies thrive and meet their goals.
Northeastern University has some excellent graduate studies programs that empower students and help them take their learning to the next level. Northeastern has a deep career focus, so students can use their studies to meet their life goals. Northeastern offers a practical education that goes beyond ideas. The education here applies to real world experiences. Northeastern University is a military-friendly school and a participant in the Yellow Ribbon program.
Degree: MS in Project Management
Format: Online – 12 months
24. Rochester Institute of Technology
The Rochester Institute of Technology offers an MS in Professional Studies with an emphasis in Project Management. This online program can be completed in as little as 8 months. Thanks to this accelerated time commitment, this program is a highly affordable online Master’s degree in Project Management. Rochester recognizes that the Project Management industry is growing quickly. It provides deep knowledge and skill enhancement so that students become ready to fill in the gap.
The Rochester Institute of Technology thrives in STEM and business, so it attracts a lot of goal-oriented students who want to move upward in their careers. A Rochester education includes deep learning and practical applications for classroom knowledge. Rochester values creativity and innovation, and its online programs provide plenty of flexibility for students who have busy lives outside of school. RIT is the third-largest private STEM school in the United States.
Degree: MS in Professional Studies – Project Management
Format: Online – 8 months
25. Boston University
Boston University’s MS in Project Management can be completed in 12 months. It comes from Boston’s Metropolitan College campus, and it’s one of the best online Masters in Project Management today. The program empowers students to manage projects, no matter how simple or complex those projects may be. Students learn how to work with teams and lead them from the start of a project to the finish line. By graduation, students gain confidence as leaders and project organizers.
Boston University Metropolitan College has passionate and talented faculty members who guide students in their career pursuits. This school is full of resources and support, as it’s a leader in career-centered education. Boston University Metropolitan College is a challenging school that’s committed to helping students succeed in their goals.
Degree: MS in Project Management
Format: Online – 12 months
26. University of Southern California
The University of Southern California offers one of the best online Masters in Project Management. It’s a 12-month degree that challenges students and helps them gain confidence in their skills. The program is designed to help business professionals take their careers to the next level. It teaches the hard and soft skills that students will need to manage projects of all shapes and sizes.
The University of Southern California is a deeply respected school, so a degree from USC can help students reach new career heights. The USC Online campus provides all the benefits of a USC classroom, but it adds flexibility into the mix. USC succeed across several areas, including STEM and business. It’s a top choice for students who want to pursue these areas in their careers. USC has one of the leading online learning platforms in the United States.
Degree: MS in Project Management
Format: Online – 12 months
27. University of Denver
The University of Denver offers an MS in Organizational Leadership with a concentration in Project Management. This degree works much like an affordable online Master’s degree in Project Management, and it draws students who want to prioritize their leadership skills. The eighteen-month program instills practical knowledge to prepare students for their PMP certification exams. More importantly, it helps students become managers that organizations can count on.
The University of Denver is a popular choice for students who want a career-centered education. This school focuses on the skills that employers are looking for, so these students can stand out in the job market. In the University of Denver’s courses, learners get to turn their passions into practical, real-world skills. Denver also provides an innovative education, so it appeals to forward-thinking students. The University of Denver is consistently ranked as one of the nation’s top 100 universities.
Degree: MS in Organizational Leadership – Project Management concentration
Format: Online – 18 months
28. Southern New Hampshire University
Southern New Hampshire University offers an MS in Project Management and Operations. It’s an affordable online Master’s degree in Project Management that can be completed in 15 months. The program requires no GRE or GMAT scores, and it teaches the skills that students will need for project management in all areas of business. The course content is connected to real-world business situations, so students will feel uniquely prepared by the time they graduate.
Southern New Hampshire is a leader in online education. It uses skills-based academics, so students can build their careers and move forward. Southern New Hampshire University is known for its innovation, and it brings that innovation directly into the classroom. Whether that classroom exists in person or online, the students get a contemporary approach to education. SNHU is also deeply committed to accessibility and affordability. SNHU Online has frozen its tuition at the 2012 rate, so it’s more affordable than many other online universities.
Degree: MS in Project Management and Operations
Format: Online – 15 months
29. Drexel University
Drexel University’s Master’s in Project Management is a two-year program. It helps learners sharpen their business and leadership skills so that they can manage projects across a wide range of industries. Many people consider this program one of the best online Masters in Project Management. Thanks to its flexibility and skill-building courses, Drexel University helps students gain confidence in their management abilities so they can succeed in the field.
Drexel University’s graduate courses come from the Goodwin College of Professional Studies. This department makes a good choice for adult learners. It emphasizes individuality, flexibility, and accessibility in education. Drexel’s Goodwin College of Professional Studies imparts leadership skills and other practical knowledge, helping learners take the next steps into long-term career success. One year after graduation, Drexel graduates earn 22.9% more than the national average.
Degree: Master’s in Project Management
Format: Online – 2 years
30. Brandeis University
Brandeis University has an affordable online Master’s in Project Management, especially among private schools. The degree is an MS in Project and Program Management, and students can finish this degree in as little as 12 months. The program is very relevant, using the latest methods and resources in the virtual classroom. Students learn technical management skills that will help them compete in the world of business.
Brandeis University is a nonsectarian university with Jewish roots. The school honors its Jewish history even as it welcomes students of all backgrounds. Many people consider Brandeis to be the perfect size; It’s a medium-sized private school, so it’s big enough to offer big resources but small enough for individuality. Students here learn from distinguished faculty members as they get a well-rounded liberal arts education. The Princeton Review ranked Brandeis University #6 for students most engaged in community service.
Degree: MS in Project and Program Management
Format: Online – 12 months
Why Should I Get My Master’s in Project Management Online?
An online masters in project management is a great way to accelerate your career while continuing to work or handle other responsibilities. Project management is an in-demand skill set that is useful to a variety of industries. Plus, earning a masters in project management online offers all the benefits of remote learning including flexible scheduling and the ability to work at your own pace.
An online masters in project management will equip you with the skills to effectively oversee the competition of important tasks within an organization. These tasks include analytics, leadership, construction management, organizational communication, business analysis and so much more. Earning your masters in project management online will not only help you become a more effective decision-maker, but it will also make you more attractive to employers or executives within your organization.
Is PMI Accreditation Important?
The Global Accreditation Center at the Project Management Institute vets all the project management programs available and grants accreditation to certain programs that meet their standards. PMI accreditation means that the institution has demonstrated a deep commitment to educational quality and continuous improvement. Although not always necessary depending on your career goals, PMI accreditation can go a long way toward proving to a hiring manager or HR rep that you have the skills necessary to handle the position you are after.
It proves that the program you are investing your time into lives up to the rigorous standards of the Project Management Institute, which can be beneficial if you’re receiving your degree from a program that isn’t as widely known as others. While there are many quality programs available that have not achieved the distinction, PMI accreditation is always a bonus and you should seek out programs that meet these standards whenever possible.
What Can I Do with a Master’s in Project Management?
If you’re just starting your journey into project management, you may be wondering, what job can I get with a masters in project management? The answer is that there are tons of fantastic masters in project management jobs available in a wide array of industries. Some common masters of project management jobs include project managers, project coordinators, project management consultants, senior project managers, and more. Project management can also be a great skill to combine with an existing skill set to increase your chances of landing a job with more managerial responsibilities.
Industries that offer competitive master of project management jobs include tech, healthcare, IT, government, manufacturing and so much more. Plus, most masters in project management jobs offer competitive salaries and generous benefits packages for employees. masters degree in project management jobs require applicants to demonstrate the managerial and administrative skills necessary to the completion of complex tasks. As a result, master of project management jobs can be quite challenging, yet also very rewarding.
If you’re still asking yourself what job can I get with a masters in project management, do a quick Google search and you will see the openings for project managers across different industries — as well as some of the responsibilities that come along with the role. You will most likely find that masters degree in project management jobs are everywhere and come with fantastic salaries and amazing benefits.
How Much Can I Make a Master’s in Project Management?
While there are plenty of affordable programs and financial aid packages available, a masters in project management requires an investment -even if it’s just your time. For this reason, you may be wondering if a master’s degree in project management worth it? The answer depends on your career goals and what you’re looking to accomplish. The median masters in project management salary is around $120,000, which alone should make a masters in project management worth it. Plus, there is plenty of room for advancement. For example the average masters in project management salary for employees with more than 20 years of experience increases to around $135,000.
But, that being said, not all graduates will go on hold the title of project manager. You may be wondering how much does a project coordinator make? The average project coordinator salary in the US is around $106,000 per year. This figure will vary depending on your level of experience and the industry you’re in, but if you’re asking yourself how much does a project coordinator make – the answer is slightly less than a project manager, yet still quite well.
The master’s degree in project management salary is considerably higher than the national average because project managers possess a skill set that is useful in many contexts and applies to a wide range of industries. If you are debating the question of is a masters in project management worth it, you’ll have to consider your own career goals. The master’s degree in project management salary is certainly enticing, but if you don’t think you’re well suited for being a project manager or coordinator, it may not be worth the investment. However, if you’re looking for a fast-paced and engaging career with a comfortable salary and benefits, then a masters in project management is worth it.
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