Masters in MBA - Project Management in USA: Top Universities, Fees, Requirements, Eligibility & Scholarships

Pursuing an MBA in Project Management in the USA is a smart move if you're aiming to build a career in leadership, strategy, or operations. The program not only equips you with essential skills like planning, budgeting, and team management but also opens doors to roles such as project manager, operations lead, and risk analyst. 

The US has 9 out of the top 10 MBA schools in the QS Rankings, highlighting the country’s global reputation for quality education. With a median MBA salary of $120,000 (INR 1 Cr), graduates are well-positioned for high-paying and impactful roles. This blog will explore top programs and universities, assisting you in your plan to study in the US.

MBA in Project Management in USA: Overview

An MBA in Project Management in the USA is typically a 1 - 2.5-year course that prepares you with the skills needed to lead complex projects and teams. A degree from a top university like the University of Pennsylvania not only equips you with a career in management but also helps in enhancing your strategic thinking, decision-making, and leadership abilities. 

Below is an overview of the MBA in Project Management in the USA.

Before exploring the details of universities and programs, let's first understand why pursuing an MBA in Project Management in USA can be beneficial.

Why Pursue MBA in Project Management in USA?

An MBA in Project Management is not only crucial for career growth but also boosts employability, with 80% of full-time MBA graduates securing jobs within three months of graduation. MBA Programs offered by top institutions like Yale University are renowned for their quality, providing a strong foundation in project management skills. 

Here’s why an MBA in Project Management in the USA can be beneficial.

• High Employability: With 80% of full-time MBA graduates securing employment within three months, an MBA in Project Management significantly enhances your job prospects. It offers strong demand across industries like technology, healthcare, and construction.
• Access to Top Institutions: Institutions like the University of North Carolina offer programs that provide an industry-oriented curriculum, real-world case studies, and extensive networking opportunities, ensuring high-quality education and career growth.
• Salary Potential: Graduates can expect competitive salaries, with median earnings around $120,000 (INR 1CR)  annually, offering a strong return on investment.
• Diverse Career Paths: The skills gained in the program open doors to a variety of leadership roles, including project manager, operations director, and business consultant.
• Global Recognition: A degree from a prestigious US institution carries international recognition, making it easier to find job opportunities not only in the USA but also in global markets.
• Industry-Relevant Curriculum: MBA programs in Project Management focus on the latest tools, techniques, and trends in the industry. This includes agile methodologies and advanced project planning, which are highly valued by employers.

After understanding the reasons for studying an MBA in Project Management in USA, let’s check out the top universities offering this program.

Top Universities For Studying MBA in Project Management in USA

Understanding the best universities and colleges in the USA helps you make an informed decision about where to enroll for your degree. For instance, a Masters in Project Management from the University of Denver prepares you for roles like operations director in companies like Microsoft, Amazon, and General Electric.

Below are the top universities offering MBA in Project Management in USA.

In addition to top universities, there are other institutions that offer reputable programs for this degree.

Popular Universities for MBA in Project Management in USA

Apart from top universities, there are reputable institutions like Carlow University that offer affordable and career-oriented MBA programs in Project Management. These universities provide excellent alternatives for students who may not be able to enroll in top-tier schools.

Here are some popular universities offering an MBA in Project Management in USA.

Next, let's take a look at the eligibility criteria for an MBA in Project Management in USA.

Eligibility Criteria for MBA in Project Management in USA

The eligibility criteria typically include a bachelor's degree in any field, a minimum GPA (depending on the university), and submission of academic transcripts. Universities also require GRE or GMAT scores.

International applicants must demonstrate English language proficiency levels through tests like TOEFL or Pearson Test of English. Once you get an acceptance letter, you can apply for the F-1 US student visa.

Here are the eligibility criteria for an MBA in Project Management in USA.

Once you have explored the eligibility requirements, let’s take a look at the application process for applying to the program.

Application Process for MBA in Project Management in USA

Top MBA schools, such as Stanford University, have acceptance rates around 9%, indicating high competition. A complete application, submitted on time, can make the difference between acceptance and rejection.

Typically, the process involves filling out the application on the portal, submitting documents like academic transcripts, and attending interviews. Once you receive acceptance, you will need to apply for a student visa to USA.

Here are the steps involved in applying for an MBA in Project Management in the USA.

• Step 1: Submit Your Application: Complete your university application with your personal details, academic history, and any necessary essays or forms.
• Step 2: Provide Required Documents: Submit the following documents if needed:
  • Academic transcripts
  • Proof of English proficiency (e.g., IELTS, TOEFL)
  • Letters of recommendation
  • Statement of Purpose (if needed)
  • Resume/CV (if needed)
• Step 3: Attend an Interview: Some universities, like the University of Denver, may require an interview. Be ready to talk about your academic journey, goals, and why you’re applying.
• Step 4: Track Your Application: Check your application status on the university portal. Make sure to respond quickly if they ask for any more documents.
• Step 5: Apply for Your Student Visa: Once accepted, apply for your F-1 student visa by submitting:
  • Acceptance letter from the university
  • Visa application form (DS-160)
  • Proof of financial support
  • Visa application fee of $535 (INR 46.1K)
  • Passport-sized photos
  • SEVIS fee payment confirmation

Next, let’s explore the course structure to understand the subjects and specializations available in an MBA in Project Management in the USA.

Course details for MBA in Project Management in USA

The MBA in Project Management in the USA includes core subjects like Project Risk Management and Financial Planning, with options to specialize in areas such as Agile Project Management and Construction Management. 

In addition to the coursework, students have the opportunity to participate in internships with top companies or work on capstone projects, gaining practical, real-world experience.

Below is the course structure for an MBA in Project Management in the USA.

Now, let’s find out how much it costs to study MBA in Project Management in USA.

Cost of Pursuing MBA in Project Management in USA

The average cost of a two-year top-10 MBA course in the USA is estimated at $234,473 (INR 2CR). The average tuition cost for an MBA in Project Management in the USA ranges from $9,810 - $53,000 (INR 8.4L - INR 45.7L) per year, depending on the university. 

In addition to tuition fees, students typically spend around $12,000 (INR 10.3L) annually on accommodation, food, and other living expenses.

Here is the cost of living in the USA for MBA in Project Management.

Note: The INR conversion is based on the current exchange rate. 

Students can apply for scholarships to help reduce their costs in the U.S. Let’s discuss this in detail.

MBA in Project Management in USA: Scholarships for Students

Each year, 1.7 million scholarships are awarded in the USA, with the U.S. government spending $46 billion on scholarship funding annually. However, only 0.1% of students receive full-expense scholarships. MBA students in Project Management can apply for both internal and external scholarships.

Below is a breakdown of internal and external scholarships to study in the USA for Indian students.

Internal Scholarships

Internal scholarships are offered by universities from their own resources and are typically based on financial need or merit. For instance, Capella University offers a $2,500 (INR 2.1L) financial award in the form of a Master’s scholarship.

Here are some internal scholarships.

Next, let’s take a look at external scholarships offered by agencies such as the government and foundations.

External Scholarships

Beyond university scholarships, you can explore external ones, typically offered by the government. Indian applicants can apply for the Fulbright Scholarship, which covers the cost of studying an MBA in Project Management in USA.

Here are some external scholarship options.

After exploring financial aid options such as scholarships, let’s take a look at potential career roles after an MBA in Project Management in USA.

Job Opportunities After MBA in Project Management in USA

An MBA can significantly boost your earnings, with graduates earning 1.75 times more than those with only a bachelor's degree. An MBA in Project Management equips you with key skills like leadership, budgeting, risk management, and strategic management, preparing you for top roles like Project Manager, Product Manager, and Risk Manager.

Here are some popular job roles for graduates after an MBA in Project Management in USA.

Source: Indeed

Note: The INR conversion is based on the current exchange rate. 

Now, let’s explore the top companies hiring graduates after an MBA in Project Management in USA.

Top Recruiters Hiring Graduates in MBA in Project Management in USA 

An MBA in Project Management equips you with skills such as strategic planning, leadership, and risk management. This makes you suitable for roles in industries like construction, Information Technology, finance, and healthcare. 

For instance, you could work as a Risk Manager in companies like JPMorgan Chase, Amazon, or IBM, overseeing and mitigating project risks.

Here are the top recruiters hiring graduates with an MBA in Project Management.

Source: Glassdoor

Pursuing an MBA in Project Management in USA requires careful planning. Let’s understand how upGrad can assist you in this process.

How upGrad Can Help You Study MBA in Project Management in USA?

Planning to study abroad can be challenging due to the complexity of the process. upGrad simplifies the entire journey by offering expert support, making your journey smoother and more manageable.

Here’s how upGrad can help you.

• Personalized Mentorship: Get one-on-one guidance tailored to your goals, helping you make confident decisions throughout your journey.
• Visa and Scholarship Assistance: Receive expert help with visa paperwork and discover scholarship opportunities to ease your financial burden.
• English Language Test Preparation: Prepare well for tests like IELTS or TOEFL with focused resources and coaching.
• Career Counseling and Resume Review: Obtain career advice and detailed feedback on your resume to strengthen your job applications.
• Post-Graduation Support: Get help finding internships, part-time job roles during studies, and full-time positions after completing your program.

Don't delay your MBA  journey abroad. Book a 1:1 session with upGrad experts, apply with confidence, and build a foundation for a successful career!