MASTERS IN PROJECT MANAGEMENT IN THE US

Which country is best for masters in project management?

By Grad-Dreams

USA

Higher Education

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.

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#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)
IELTS	14,700
GRE	15,912
TOEFL	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.