MASTERS IN PROJECT MANAGEMENT IN THE US
Which country is best for masters in project management?
MASTER IN PROJECT MANAGEMENT IN THE UNITED STATES
In the United States, a master's degree in project management is normally a two-year program that requires overseas students to have an 83-86 percent on their bachelor's degree. In a complex context, the curriculum prepares a person to lead a project through initiation, planning, execution, and control.
This interdisciplinary degree teaches students how to arrange and plan a company's resources in order to meet deadlines. The program incorporates the science of organizing elements as well as project management-based IT technologies that provide effective results.
#WHY STUDY MASTER IN PROJECT MANAGEMENT IN THE US?
- Many US colleges are ranked among the finest in the world for project management.
- In terms of project management, many US colleges are among the best in the world.
- According to the Bureau of Labor Statistics, the management industry in the United States is predicted to grow by 6% by 2024, with roughly 505,000 new job vacancies for project managers in the next seven years.
- In the United States, a Project Manager earns an average of 99,400 dollars per year.
- In the country, there is an 82 percent pay differential between project management officials and non-project management officials.
- In the United States, the Project Management industry is predicted to grow by 31.34 percent by 2027.
- Project management programs at US colleges are classified as STEM programs, allowing students to work in the United States for up to three years.
If you wish to study abroad, contact Grad-Dreams for the best international career plans.
#TOP UNIVERSITIES
University |
Duration |
Program fees (INR) |
Northwestern University |
9-18 months |
43,04,233 |
New York University |
2 years |
53,10,720 |
George Washington University |
2 years |
47,83,965 |
Boston University |
2 years |
86,86,790 |
University of Maryland, College Park |
2 years |
78,42,142 |
University of Connecticut |
1.5 years |
47,99,540 |
University of Kansas |
2 years |
28,63,702 |
Pennsylvania State University |
2 years |
38,50,982 |
Worcester Polytechnic University |
2 years |
42,98,892 |
University of Houston |
2 years |
32,38,646 |
COSTS
Pre-arrival costs
Expenses |
Estimated Cost (in INR) |
14,700 |
|
15,912 |
|
14,197 |
|
SEVIS Fee |
26,347 |
Application fee |
5,645- 7,527 |
F-1 student visa |
12,045 |
Flight fare (one-way) |
52,695 |
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#Tuition fees
Each year, the cost of earning a degree at some of the greatest institutions in the United States ranges from $17,000 to 70,000 dollars (equivalent to 12 Lakhs INR to 53 Lakhs INR).
#Cost of living
Type of expense |
Cost in INR/ year |
Apartment rent |
7,22,788 - 10,84,572 |
Gas and electricity |
1,50,635 |
Health insurance |
1,50,635 |
Food cost and grocery |
2,25,935 |
Entertainment |
1,88,278 |
Travel |
1,08,448 – 2,25,935 |
Learning materials |
1,80,748 |
#SCHOLARSHIPS
Scholarships |
Amount (in INR) |
Awarding Body |
Eligibility |
Dean’s Scholars Award |
7,52,089 |
NYU |
Minimum GPA 3.7, must have 12 credits of the program |
JN Tata Endowment Scholarship |
9,77,852 |
Trust |
UG from Indian University |
National Overseas Scholarship |
Varies |
Ministry of Social Justice & Empowerment |
Minimum55% in UG |
Narotam Sekhsaria Scholarship |
Variable |
Narotam Sekhsaria Foundation |
UG from Indian University |
International Student Grant |
1,50,438 |
University of Kansas |
Meritorious international students. |
PEO International peace scholarships for women |
9,40,111 |
IPS |
Full-year of coursework must be left for completion |
#CAREER
Project managers are classified as a residual category of unclassified managers by the US Bureau of Labor Statistics. After completing this program, one can easily find a variety of jobs in the United States with attractive median earnings. A Project Manager's annual salary ranges from 46,700 to 157,000 dollars, depending on a variety of characteristics such as amount of education, location of employment, and work experience.
- A graduate student with no years of experience can earn a minimum of 53,900 USD immediately out of university.
- A master's degree in project management can increase your earnings by 31% over a bachelor's degree.
- A project manager's remuneration is also entitled to a 12 percent raise every 15 months.
- It is one of the highest-bonus positions in the country, with 85 percent of project managers receiving an average annual bonus of 5-9 percent.
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