As the field of business and economies around the world advance and change over time, different degrees are viewed as being more important to employers. The field of project management is one that has existed in business for years, but specific project management degree programs and specializations are still quite young. For many employers, an MBA degree, along with work experience in the field, has been viewed as appropriate educational preparation to work in project management positions.
According to Monster.com though, project management degrees and specializations are becoming more and more common at universities across the country. Those individuals already employed in the field or looking to enhance their education before graduation should consider a Master’s in Project Management. Before pursuing a Master’s in Project Management, individuals should consider a number of factors before investing the time and money to pursue this advanced degree program.
Skills and Abilities
Before considering a career in project management, students and professionals in entry-level positions need to take a look at themselves in the mirror and determine if they have the proper skills and abilities to succeed in this field. Joseph Mendoza, director of program management at San Diego-based technical talent firm Kineticom, believes that project managers need to be “90% diplomat and 10% technician.”
Individuals looking for a career in project management should possess strength at multitasking, resource management, team leadership, and motivation. These skills are not only important for entry-level positions, but are also critical in moving up to higher positions. If individuals possess these skills, a Master’s in Project Management can help them refine those skills and advance their career.
Is it the Right Degree?
As mentioned earlier, project management degree programs and specializations are in their infancy compared to other business degrees. Certain individuals could once get into the career field with no degree or certification, while employers have more recently been looking for MBA degree holders. However, in the 21st century more and more institutions are offering Master’s in Project Management degrees.
Before enrolling in a program, it is important to research career fields and specific positions to see what kind of education employers prefer.
Does the Field Interest You?
This question should cross every individuals mind before deciding upon any degree program. The factor of interest is especially important given the additional investment of time and money that graduate degrees require. Individuals should consider whether or not they are interested in the typical roles and responsibilities of project managers before enhancing their education in the field.
Project managers have to guide team members in their group, consult with clients about projects, and communicate with management about project progress. Responsibilities include developing projects, devising budgets, and manage communications all in an effort to keep projects on track.
These are just some of the most important factors that individuals considering a Master’s in Project Management should keep in mind. Some individuals will be advancing from an undergraduate program directly to a graduate program, while others will be returning to school to enhance their education and boost their employment prospects.
These factors will weigh differently on the minds of different individuals, and the degree itself will bring a different value to each individual. It is important for individuals considering a Master’s in Project Management to compare these factors to their current situation and appropriately judge what this degree can do for them.