Masters in Project Management in USA is a postgraduate degree program, which usually takes 12-20 months to complete. The minimum admission requirement for MS in Project Management in USA is to have a bachelor's degree in a related field with a minimum GPA of 3.0 and a minimum TOEFL iBT score of 80+.
The average annual cost of pursuing the program at some of the top universities in USA is around 33,000 USD to 100,000 USD which is equivalent to around 27 lakhs- 83 lakhs INR. Masters in project management in USA can earn you as much as USD 150,000/year at an entry-level.
Masters in Project Management in USA: Top Universities
A full-time on-campus master's in project management in USA takes up to 2 years. The program is available under an MS as well as MEng degree too. Listed below are the top universities offering the program along with the duration as well as fees:
| Top Universities | Programs | Application Deadlines | Tuition Fee (USD) |
|---|---|---|---|
| Northwestern University | MS in Project Management | Final Deadline: 31 May 2024 | 86,200 |
| New York University | MS in Project Management |
Summer 2024: 1 May 2024 Fall 2024: 1 August 2024 |
76,449 |
| Boston University | MS in Project Management |
Summer: 1 June 2024 Fall: 1 June 2024 Fall 2 2024: 1 October 2024 |
100,948 |
| University of Maryland, College Park | M.Eng Project Management | 31 July, 2024 | 38,433 |
| George Washington University | MS in Project Management | 1 May 2024 | 63,900 |
| University of Kansas | M.Eng Project Management | Rolling Basis | 33,839 |
| University of Connecticut | MS in Business Analytics and Project Management |
Summer: 1 May 2024 Fall: 28 June 2024 Spring: 18 December 2024 |
44,400 |
| Worcester Polytechnic Institute | Master of Science Construction Project Management | Rolling Basis | 53,130 |
Why study Masters in Project Management in USA?
- Many of the US universities such as Northwestern University and New York University rank among the global best for project management.
- According to the U.S Bureau of Labor Statistics, the unemployment rate in the United States is as low as 3.5%.
- As per BLS.USA management sector is expected to grow by 6% by 2024 and around 505,000 new job openings are expected for project managers in the upcoming seven years.
- The average salary earned by a Project Manager in the USA is 99,400 USD (81.06 lakhs INR)
- The salary gap between project management officials and non-project management officials in the country is a premium of 82%.
- The Project Management industry is expected to grow by 31.34% by 2027 in the United States.
- Project management programs at US universities are categorized as a STEM program allowing students to stay back in USA for up to 3 years to look for work.
Masters in Project Management in the USA - Admissions
Pursuing project management courses in USA requires international students to fulfill certain specific criteria. One of the major requirements that international students must fulfill is to have 16 years of education- 10+2+4, which means you are required to have a four-year bachelor’s degree.
Masters in Project Management in USA: Eligibility
- Academic Degree- A first-class or strong upper second-class undergraduate degree
- Minimum GPA- The minimum GPA requirement is 3.0 on a scale of 4.0
- English Proficiency Test Score- IELTS: 6.5 or above, TOEFL: 80+.
- Statement of Purpose(SOP)- Submit a 5000 word personal statement outlining their academic and professional background, their reasons for applying to the program, and their career aspirations.
- Letters of Recommendation (LOR)- Applicants are usually required to provide at least 2-3 academic or professional references.
- GMAT or GRE scores.
Masters in Project Management in USA: Admission Requirements
The following table discusses the specific requirements set by the top universities in USA for international students who are planning to pursue Masters in Project Management in USA:
| Top Universities | Academic Requirements | TOEFL iBT Scores | Additional Requirements |
|---|---|---|---|
| Northwestern University | An undergraduate degree in engineering or architecture with a minimum GPA of 3.0 | 85 | Transcripts, GRE Scores, 3 LORs, Personal Statement, CV |
| New York University | An undergraduate degree in a related field | 110 | College/university transcripts, Statement of purpose, 2 LORs, Resume, Kira Talent Assessment |
| Boston University | A bachelor’s degree, GPA of 3.0 or better | 84 | Transcripts, Statement of purpose, 1 LOR, Resume |
| University of Maryland, College Park | A bachelor’s degree, GPA of 3.0 or better, in engineering, architecture, computer science, computer information systems or information technology from an accredited institution. | 100 | Transcripts, Statement of purpose, LORs, Resume |
| George Washington University | A bachelor’s degree, GPA of 3.0 or better, in a related field | 100 | Transcripts, Statement of purpose, 1 LOR, Resume |
| University of Kansas | A 2.5 or higher undergraduate grade point average (on a 4.0 scale). | 79 | Transcripts, Statement of purpose, LORs, Resume, GRE scores |
| University of Connecticut | A minimum undergraduate grade-point averages (GPA) of 3.0 for either all 4 years or for the last 2 years.
Completion of a one-semester college-level calculus or statistics course with a grade of "C" or better. |
79 | Resume, Personal Statement, Transcripts |
| Worcester Polytechnic Institute | A bachelor’s degree, GPA of 3.0 or better, in a related field | 84 | Transcripts, SOP, 3 LORs, Resume |
US Student Visa
International students interested in pursuing a full-time academic course must apply for a USstudent visa. The following documents are required for the same:
- A valid passport
- Form DS-160 (Nonimmigrant visa application confirmation page)
- Application fee payment Receipt
- Form I-20
- Proof of financial support.
Masters in Project Management in USA: Cost of Study
The cost of studying in USA is a cumbersome expense to cater to. International students must be familiar with various expenses that they will suffer when planning to study abroad. Being familiar with these expenses allows them to plan ahead and look for funding if required.
Masters in Project Management in USA: Tuition Fees
The cost of pursuing masters in project management in USA varies from university to university. The overall program fees range between:
| Top Universities | Total Tuition Fee (USD) | Total Tuition Fee (INR) |
|---|---|---|
| Northwestern University | 86,200 | 71.98 Lakh |
| New York University | 76,449 | 63.84 Lakh |
| Boston University | 100,948 | 84.30 Lakh |
| University of Maryland, College Park | 38,433 | 32.09 Lakh |
| George Washington University | 63,900 | 53.36 Lakh |
| University of Kansas | 33,839 | 28.26 Lakh |
| University of Connecticut | 44,400 | 37.08 Lakh |
| Worcester Polytechnic Institute | 53,130 | 44.37 Lakh |
Cost of living in USA
An international student's annual cost of living in the United States is on average 25,000 USD which roughly estimates to 20 lakhs INR. This can be different for every student depending on the place they are living in:
| Expense Type | Average Annual Expense (USD) | Average Annual Expense (INR) |
|---|---|---|
| Accommodation | 14,400 | 11.98 lakhs |
| Meals | 1,200 | 98,893 |
| Transportation | 840 | 69,925 |
| Health insurance | 1,000 | 83,244 |
| Personal expenses | 2,000 | 1.66 lakhs |
| Total | 19,440 | 16.18 lakhs |
Masters in Project Management in USA: Scholarships
International students are offered a varied number of scholarships to study in the US. Given below is a list of university-specific and general scholarships available to international students studying masters in project management in USA. Scholarships specific to Indian students are also offered in the USA.
| Scholarships | Amount (in INR) | Awarding Organization | Eligibility |
|---|---|---|---|
| Dean’s Scholars Award | 7,52,089 | NYU | Minimum GPA 3.7,must have 12 credits of the program |
| PEO International peace scholarships for women | 9,40,111 | IPS | Full-year of coursework must be left for completion |
| National Overseas Scholarship | Varies | Ministry of Social Justice & Empowerment | Minimum55% in UG |
| JN Tata Endowment Scholarship | 9,77,852 | Trust | UG from Indian University |
| Narotam Sekhsaria Scholarship | Variable | Narotam Sekhsaria Foundation | UG from Indian University |
| International Student Grant | 1,50,438 | University of Kansas | Meritorious international students. |
Masters in Project Management in USA: Job Opportunities
The table below throws light on the various job designations a graduate in masters in project management in USA can apply for along with the average salaries offered:
| Job Profile | Average Salary (USD) | Average Salary (INR) |
|---|---|---|
| Business Development Manager | 131,076 | 1.07 crore |
| Head of Projects | 167,892 | 1.37 crore |
| Construction Project manager | 112,963 | 92.25 lakhs |
| Information Technology Asset manager | 124,839 | 1.01 crore |
| Assistant Project Manager | 64,964 | 53.05 lakhs |
| Risk and Capital Manager | 122,607 | 1 crore |
| Logistics manager | 115,370 | 1.26 crore |
| Administration Manager | 142,408 | 1.16 crore |
Masters in Project Management in USA v/s Masters in Project Management in Canada
| Parameter | Masters in Project Management in USA | Masters in Project Management in Canada |
|---|---|---|
| Duration | 2 years | 2 years |
| Average Tuition Fees | 19,305-91,575 USD (15.77 lakhs-74.81 lakhs INR) | 2,300 to 38,900 CAD (INR 1.39 to 23.72 lakhs) |
| Cost of Living | 2,280 USD (1.85 lakhs INR) | 1,987 CAD (1.19 lakhs INR) |
| Percentage Required | 83-86% | 60-70% |
| English Language Proficiency Tests | IELTS: 7.0 | TOEFL: 100+ | IELTS: 6.5-7.0 | TOEFL: 93- 100+ |
| Average Salary | 87,000 USD (70.96 lakhs INR) | 50,000 to 150,000 CAD (INR 30.48 Lakhs to 91.39 Lakhs) |
The core curriculum for MS in Project Management in the USA is made to give you a solid and comprehensive grounding in project management that will support the work you do in the specialization courses and position you for a variety of project management career options.
FAQs
Ques. Is MS in project management worth it in USA?
Ans. Many of the top universities for MS in Project Management in USA such as Northwestern University and New York University rank among the global best for project management. As per U.S Bureau of Labor Statistics management sector is expected to grow by 6% by 2024 and around 505,000 new job openings are expected for project managers in the upcoming seven years. Additionally, The average salary earned by a Project Manager in the USA is 99,400 USD (81.06 lakhs INR)
Ques. What is the total cost of studying for a Masters in Project Management in the United States?
Ans. The cost of studying for a Masters in Project Management in USA is around 33,000- 100,000 USD (27 lakhs-83 lakhs INR). The cost varies from university to university.
Ques. Who is eligible for MS in project management in USA?
Ans. Basic admission requirements and eligibility criteria for MS in Project Management in USA: A minimum GPA of 3.0 on a scale of 4. The percentile equivalent to the same is 83-86 or a grade equivalent to B. GMAT or GRE scores Resume (Work experience will be required by most of the universities). Proof of financial support- should state that you can afford your first-year tuition fees and living expenses. Proof of health insurance. Language proficiency: IELTS: 7.0 | TOEFL: 100+ I-20 forms issued by the university for acquiring the F-1 student visa. A valid passport
Ques. Where can I pursue a Masters in Project Management in USA?
Ans. Yes, the universities offering masters in project management rank globally with universities such as Northwestern University, NYU, Boston University, etc. holding positions in the Top 100.
Ques. Can a person pursuing an MBA become a project manager?
Ans. Yes, MBA is an advanced degree and is sometimes chosen to become a project manager. You are not required to pursue another masters degree in project management.
Ques. Can I study for a Masters in Project Management in USA without GMAT?
Ans. Most of the universities require either GRE or GMAT scores. Although, there are some universities such as Pennsylvania State University that do not ask for GRE or GMAT scores.
Ques. Is it worth pursuing masters in project management in USA?
Ans. Yes, USA is considered as one of the best countries for pursuing masters in project management. The growth rate expected in the US-market is high for project managers. The degree may cost a hefty amount but with companies like EY, BAin & Co hiring graduates of project management, handsome salaries are offered.
Ques. Is a masters in project management in USA a STEM program?
Ans. Yes,Masters in project management is a STEM course in USA. STEM categorization of a program is usefull for an international student as this allows them to stay back in USA for up to 3-years to look for jobs.
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