Whether you work in manufacturing, business consulting services, healthcare, or research and development, an online master’s in project management could help you reach the next level. These programs teach the interpersonal and technical skills necessary to oversee the completion of complex assignments and projects within your organization.
But which school and program have what you need to succeed? To help, we’ve created a ranking of the best online masters programs in project management for 2024, focusing on overall cost, quality, accreditation, and more. See which schools earned top marks for the year.
2024’s Best Online Master’s Degrees in Project Management
Worried about juggling timelines, program quality, and career outcomes? This list will guide you through the best project management online master’s degrees in 2024 and spotlight programs that are tailored for aspiring project managers.
The Master’s in Project Management program at Florida Tech helps students develop skills and knowledge within concentration areas like operations research and information systems. Students have access to lectures, class discussions, workshops, and even guest speakers. They also have an opportunity to gain hands-on experience in the field by working with organizations that need help from a project management expert. The program’s capstone involves working on real-life management challenges with a team, enabling students to demonstrate what they’ve learned. Applicants must hold a bachelor’s degree. Those who’ve graduated from other fields such as mathematics, science, and engineering are encouraged to apply.
Program Highlights:
Project Management, M.S.
- Credits: 33
- Length: 18 months
- Mode: On campus, fully online
- Accreditation: IACBE
School Services & Accreditation
| Career Services | Yes |
| Academic Counseling | Yes |
| Accreditation | SACSCOC |
Cornerstone University’s Master of Business Administration program offers three concentrations: project management, finance, and health care. This program teaches students to apply core business principles of marketing, organizational behavior, entrepreneurship, finance, accounting, economics, and statistics from a leadership standpoint. Core courses for the project management track include Fundamentals of Project Management; Cost, Quality and Team Management; and Communications and Risk Management. Students learn how to meet budget and time commitments, manage projects, and work with teams. Classes are offered entirely online and taught from a Christian worldview. You don’t need a Graduate Record Examination (GRE) or a Graduate Management Admission Test (GMAT) score to apply.
Program Highlights:
Master of Business Administration
- Credits: 38
- Length: 18 to 24 months
- Mode: On campus, fully online
- Accreditation: ACBSP
School Services & Accreditation
| Career Services | Yes |
| Academic Counseling | Yes |
| Accreditation | HLC |
The Master of Science in Organizational Change and Project Management at Dallas Baptist University bases its teachings around innovative leadership and decision-making, skills vital to helping launch change initiatives and large projects. The program combines in-person courses with both synchronous and asynchronous online classes. Applicants must have bachelor’s degrees and show a 3.0 GPA or higher in any previous coursework. They also must submit two letters of recommendation from sources outside their families, a current and professional resume, a statement of purpose, and official transcripts. They must also show they have sound moral character that complies with the school’s mission.
Program Highlights:
Master of Science in Organizational Change and Project Management
- Credits: 36
- Length: 18 to 24 months
- Mode: Hybrid
- Accreditation: ACBSP
School Services & Accreditation
| Career Services | Yes |
| Academic Counseling | Yes |
| Accreditation | SACSCOC |
School Services & Accreditation
| Career Services | Yes |
| Academic Counseling | Yes |
| Accreditation | NECHE |
School Services & Accreditation
| Career Services | Yes |
| Academic Counseling | Yes |
| Accreditation | SACSCOC |
School Services & Accreditation
| Career Services | Yes |
| Academic Counseling | Yes |
| Accreditation | HLC |
School Services & Accreditation
| Career Services | Yes |
| Academic Counseling | Yes |
| Accreditation | NWCCU |
School Services & Accreditation
| Career Services | Yes |
| Academic Counseling | Yes |
| Accreditation | NECHE |
School Services & Accreditation
| Career Services | Yes |
| Academic Counseling | Yes |
| Accreditation | HLC |
School Services & Accreditation
| Career Services | Yes |
| Academic Counseling | Yes |
| Accreditation | SACSCOC |
School Services & Accreditation
| Career Services | Yes |
| Academic Counseling | Yes |
| Accreditation | SACSCOC |
School Services & Accreditation
| Career Services | Yes |
| Academic Counseling | Yes |
| Accreditation | SACSCOC |
School Services & Accreditation
| Career Services | Yes |
| Academic Counseling | Yes |
| Accreditation | HLC |
School Services & Accreditation
| Career Services | Yes |
| Academic Counseling | Yes |
| Accreditation | HLC |
School Services & Accreditation
| Career Services | Yes |
| Academic Counseling | Yes |
| Accreditation | HLC |
School Services & Accreditation
| Career Services | Yes |
| Academic Counseling | Yes |
| Accreditation | SACSCOC |
Inside Scoop: A Look at 3 Top Online PM Programs
You know you want to be a project manager, but you’re not sure how to get there. Applying to and enrolling in an online program can seem like a big step. To help you better understand what you’re getting into, we’re profiling three top programs in detail. These inside looks include information on the curriculum, cost, and what you’ll learn as you get ready to graduate and build your career.
Walden University
Walden University’s Master of Science in Project Management program will teach students how to manage teams and undertake important projects for their respective organizations. Accredited by the Global Accreditation Center for Project Management Education Programs, this program is comprised of 30 credits, including a capstone course. This capstone course offers the opportunity to demonstrate the knowledge students have gained. This program will also provide much of the academic experience necessary to obtain the Project Management Professional credential. Students may transfer up to 15 credits, potentially halving the time it takes to graduate.
As a bonus, enrollment in Walden University’s project management master’s degree online program won’t just lead to a master’s degree. As students complete their coursework, they may become eligible to obtain Graduate Certificates in Advanced or Applied Project Management.
Colorado State University Global
Colorado State University Global’s Master of Science in Project Management has been accredited by the Global Accreditation Center for Project Management Education Programs. This assures students and employers about the quality of the education offered and serves as an opportunity for students to obtain credit for their degree when they later apply for a certification offered by the Project Management Institute. And because the curriculum is aligned with the Project Management Institute’s Body of Knowledge, graduates will be prepared to apply for the Project Management Professional (PMP) certification.
This program includes a capstone course as well as a practicum class. Students will work under the direct supervision of a master’s prepared project manager at a designated organization to take an active role with that organization. This practicum’s primary purpose is to offer students an opportunity to apply what they’ve learned to the real world.
Missouri State University
The Master of Science in Project Management is part of the College of Business at Missouri State University. This program is accredited by the Project Management Institute’s Global Accreditation Center for Project Management Education Programs. It has a curriculum that’s based on the Project Management Institute’s Book of Knowledge. This curriculum consists of 30 credits, 21 of which go to the core requirements. These include classes such as:
- Project Risk Analysis
- Project Leadership
- Cost Analysis for Project Management
- Project Control Systems
The remaining nine credits must be completed with electives.
There are two unique features in this program. First, before graduating, students must score at least a 70 on a comprehensive final exam. Second, undergraduate students at Missouri State University might be eligible to enroll in the accelerated track. If qualified, these students may apply up to 12 credits to their project management program course requirements.
Key Advantages of Earning an Online Master’s in Project Management
By earning a project management degree online, students can continue working while earning their degree to expand their professional options. Let’s look at this and some other advantages.
Flexible learning
Distance education is becoming the new normal due to flexible learning options and different learning modes. Students not only can take classes at a pace that suits their schedule, but they can usually take the majority of them asynchronously.
Complement an undergraduate degree
The undergraduate degree focused on understanding the project. The project management curriculum teaches both the business and human aspects of managing a large-scale project involving multiple team members. The master’s degree in project management is the perfect complement to an undergraduate degree in almost any area of study.
Learn how to lead and manage others
In most organizations, their most valuable resource is its people. A major portion of project management teaches students how to work with others, including motivating peers, resolving interpersonal conflicts, and other organizational leadership skills.
What You’ll Learn in a Project Management Master’s Degree Online Program
Regardless of which project management master’s degree online project you select, you will learn the technical skills necessary to oversee a project from start to finish. This includes learning how to forecast budgets and understand accounting and financial statements. Still, you’ll also learn the softer skills needed to deal with interpersonal challenges and conflicts that can arise when working in a team setting. Many of the concepts will parallel the Project Management Body of Knowledge established by the Project Management Institute. Below is a preview of some of the classes you’ll get to choose from during your master’s degree education in project management.
Popular Courses
Quantitative Analysis for Decision Making
This class focuses on teaching students hard skills necessary for making decisions before, during, and after a project. Students will learn about various statistical and mathematical concepts to anticipate and predict what results will occur. Students will then discuss how to best apply those results to the overall direction of a project and an organization’s operations.
Foundations of Project Management
As one of the core classes in most project management programs, this class will look at project management’s foundational concepts. This includes working in a team setting, effective communication across different practice areas, handling interpersonal conflict, and project assessment techniques involving quantitative and qualitative measurements.
Global Project Management
This class takes foundational project management ideas and applies them to the global economy. Students will examine how political, economic, and cultural factors can affect the project management process that’s taking place in another country. Secondary issues will also be discussed, such as logistical considerations.
Organizational Theory and Behavior
Much of what a project manager does is focus on the people involved in the project. Organizational theory and behavior examine the psychology of individuals in the workplace. This class will look at how people make decisions, communicate, and use motivation to complete their work tasks.
Enterprise and Project Risk Management
This class examines the nature of risk, both to a business and whole, but especially during a project. Students will use real-world examples to identify and reduce quantitative and qualitative risks legally and ethically.
Accreditation for Online Project Management Master’s Degrees
Before choosing a project management master’s degree online program, you should confirm it is accredited. Most financial aid providers, employers, and postsecondary institutions won’t recognize a degree from a non-accredited institution. Accreditation confirms that a particular school or program provides an education that meets certain standards.
There are two main types of accreditation: institutional and programmatic. Institutional accreditation covers the entire school and usually comes from a regional or national accrediting body. Programmatic accreditation only applies to a specific program.
The primary accrediting body is the Global Accreditation Center for Project Management Education Programs (GAC) from the Project Management Institute (PMI). However, some project management programs may be accredited by the Accreditation Council for Business Schools and Programs, or ACBSP. To check a school’s accreditation status, visit the Database of Accredited Postsecondary Institutions and Programs search tool at the U.S. Department of Education’s website.
What You Can Do with a Master’s in Project Management
After obtaining a master’s degree in project management, you could move into a high-demand career in many industries, whether it’s large-scale manufacturing, high-tech business services, or public interest programs. After you graduate, the compensation and demand you can expect depend on what particular industry you plan on working in. For example, project management jobs in manufacturing may not be as in-demand as those in the healthcare sector. Here is a rough overview of the job opportunities you can expect when entering the project management job market.
Natural Sciences Manager
A natural sciences manager will oversee the work of science professionals. They are commonly found supervising research and development projects. With a project management degree, they can gain the soft skills essential to working with scientists and upper management. They will also have the hard skills needed to ensure the project meets its goals and that it does so within budgetary and logistical constraints.
| 10th Percentile | Median Annual Pay | 90th Percentile |
|---|---|---|
$66,050 | $129,100 | $208,000+ |
Source: Bureau of Labor Statistics, 2019
Health Information Manager
Health information managers work to protect and make use of patient data in the healthcare setting. Because they usually work with advanced technology, such as database software, network storage, and servers. They are often involved in upgrades and major changes to a healthcare organization’s medical records system. A project management degree can help health information managers make sure the changes occur as smoothly as possible.
| 10th Percentile | Median Annual Pay | 90th Percentile |
|---|---|---|
$58,820 | $100,980 | $189,000 |
Source: Bureau of Labor Statistics, 2019
Information Technology Manager
IT managers run and implement an organization’s computer and information systems. This includes making sure everything is operating smoothly. Sometimes this requires them to oversee the design and implementation of a new hardware or software system within the organization. A project management degree can be useful in either situation by helping IT managers ensure best practices are followed or to best mitigate potential risks.
| 10th Percentile | Median Annual Pay | 90th Percentile |
|---|---|---|
$87,480 | $146,360 | $208,000+ |
Source: Bureau of Labor Statistics, 2019
Budget Analyst
Budget analysts help an organization better understand its spending processes. With this understanding, the organization can better plan its finances and anticipate its cash flow and expenditures. Project management is a useful degree when the budget analyst examines one or more projects and tries to estimate their costs. It provides the context to better understand the overall process and the skills and tools necessary to conduct assessments and anticipate risk.
| 10th Percentile | Median Annual Pay | 90th Percentile |
|---|---|---|
$50,230 | $76,540 | $116,510 |
Source: Bureau of Labor Statistics, 2019
Industrial Production Manager
These professionals manage the production process in factories, plants, and any other facility engaged in manufacturing. An online master’s degree in project management can be very useful to industrial production managers if they decide to improve the efficiency of their production lines or assist in the implementation of major changes to the production process.
| 10th Percentile | Median Annual Pay | 90th Percentile |
|---|---|---|
$65,050 | $105,480 | $176,070 |
Source: Bureau of Labor Statistics, 2019
Costs and Financial Aid for Online Master’s Degrees in Project Management
The master’s in project management online degree is one of the best ways to improve your professional prospects, including potential higher compensation. But before you can expect higher pay, you need to pay for your degree. Luckily, many sources and types of financial aid are available, such as grants, scholarships, student loans, fellowships, and employer tuition reimbursement. This latter source is particularly promising, especially for those who will work while in school but return to the same job after graduation.
How Affordable Your Online Master’s in Project Management Could Be
| School Name | No. of Credits | Cost/Credit | Total Tuition Cost |
|---|---|---|---|
48 (quarter credits) | $695.00 | $33,360 | |
36 | $480.00 (in-state) and | $17,280 (in-state) and | |
36 | $627.00 | $22,572 |
FAQs About Online Project Management Master’s Degrees
What are the admissions requirements for an online master’s in project management?
If you’re thinking about applying to a project management master’s degree online program, you can expect some variation in what each admissions office will ask for. However, most of them will ask for the following:
- Official transcripts
- Statement of purpose
- Application
- Application fee
- Letters of recommendation
- Resume or curriculum vitae
Keep in mind that while most programs do not ask for GRE or GMAT test scores, a few programs require them.
How long will it take to finish my master’s in project management?
Most master’s in project management online programs are comprised of 30 to 36 credits. Depending on the chosen course load, you can earn your master’s degree in as little as 15 months, such as is the case with Southern New Hampshire University. However, many students prefer a slower academic pace so they can continue working while in school. In that case, expect to finish the degree in about two years.
Can I earn a master’s in project management 100% online, or do I need to visit campus?
Most project management master’s degree online courses are offered fully online, with no on-campus visits required. However, a few schools will have a practicum or in-person learning requirement that requires students to visit a physical site to complete the experiential course requirements.