The role of projects in organizations is receiving increasing attention in the business community. Projects are the major tool for implementing and achieving the strategic goals of organization. Even without national certification, a degree in project management better equips you to add value within your organization due to the systematic processes taught within project management curricula.
The project management concentration provides further instruction and practical application in project design, resource management, risk management, principles of effective communication and quality assurance.
Industry-recognized national certifications such as the Project Management Professional (PMP)® have various benefits. As a PMP, a person can work in any industry. The PMP can also provide a significant advantage when it comes to salary and earning potential. In addition, the PMP signifies that a person speaks and understands the global language of project management and connects him or her to a community of professionals, organizations and experts worldwide.
The M.B.A. with a project management concentration assists individuals interested in pursuing PMP certification by:
- Fulfilling the 35-hour project management education prerequisite for Project Management Professional (PMP) certification: Project Management Institute (PMI).
- Providing holistic project management instruction that combines the information needed to be prepared to take the PMP Exam with practical and hands-on training.
- Encouraging cross-industry engagement with other professionals also seeking PMP training and certification.
Degree Program Requirements
A master's degree in business administration with a specialization in project management requires 38 total credit hours. This includes 12 credit hours of vocationally-focused concentration classes. This full-time program offers courses one at a time and is approximately 77 weeks long.
- BUS-530: Fundamentals of Project Management—3 credit hours, 6 weeks
- BUS-531: Cost, Quality, and Team Management—3 credit hours, 6 weeks
- BUS-532: Communications and Risk Management—3 credit hours, 6 weeks
- MGT-698: Applied PM Project—3 credits hours, 6 weeks
Core Courses: 26 credits, 53 weeks
- BUS-505: Research Methods—3 credit hours, 7 weeks
- ECN-530: Economics—3 credit hours, 6 weeks
- BUS-503: Ethics, Values and Social Responsibility—3 credit hours, 6 weeks
- ACC-525: Accounting for Decision Making—4 credit hours, 8 weeks
- FIN-643: Managerial Finance—4 credit hours, 8 weeks
- MGT-531: Organizational Behavior and Change—3 credit hours, 6 weeks
- MKT-651: Marketing Strategies—3 credit hours, 6 weeks
- MGT-539: Entrepreneurship and Innovation—3 credit hours, 6 weeks
The course descriptions below preview the content you can expect to learn through the Master of Business program. For information about our academic policies and graduation requirements, see the PGS Graduate Academic Catalog.
An examination of research methods available for the 21st century organization and statistical concepts useful for data-driven decision making. Focus is placed on the systematic process of collecting, analyzing and interpreting research articles and data to answer a specific research question. The course will also introduce students to basic descriptive and inferential statistical tools within the context of a business related problem.
A study of the decision-making skills necessary for managers and entrepreneurs in the context of the macroeconomic environment and the application of microeconomic price theory as it pertains to human capital issues. Readings include essays by several Nobel prize-winning economists. Further, the course challenges students to develop a Christ-centered worldview regarding economic issues pertinent to managers.
A theoretical and practical overview of ethics theory, values formation and ethical decision making within the context of management and leadership. Ethics and values are presented from a Judeo-Christian perspective with emphasis on workable models for ethical decision making and social responsibility at both the professional and personal level.
An examination of contemporary accounting issues for managers, such as principles, techniques and uses of accounting in the planning and decision making of organizations. The use of information technology plays a key role in this course. Areas of emphasis include the budgetary process, performance evaluation techniques, product costing methods, constraint management and ethics.
A study of essential concepts of financial management including working capital management, capital budgeting, capital structures, planning, time value of money and dividend policy. Prerequisite: ACC-525.
The study of the behavior of individuals and teams within organizations based on current management theory. Emphasis is given to understanding, predicting, motivating and changing work-related behaviors in organizations. Key topics include organizational structure, understanding culture, power, diversity, leadership and communication within the organization.
A case-method course using real marketing issues as a means to learn how to synthesize marketing fundamentals into effective and practical solutions.
A focused study of the tools needed in identifying and capitalizing on entrepreneurial business opportunities, methods for managing those opportunities and critical thinking skills needed for innovation and growth. Students work with a team to design an entrepreneurial venture. Additional topics include stimulating new ideas, managing innovative ideas, adapting to change and individual and group roles in the creative process.
An exploration of the framework and fundamental methodologies of project management. Topics include foundational concepts such as requirements gathering, scope management, change control and time management, as well as an introduction to common tools, techniques and the process required to become a certified Project Manager.
An exploration of a variety of project management principles necessary to manage the resources of a project. Specific topics include project budgeting, cost estimation and control, quality assurance and control, acquiring, developing, and managing a project team, conflict management and negotiation skills. Prerequisite: BUS-530.
A study of the principles of effective communication, including managing risks, issues and stakeholder expectations. Topics include the methodology for identifying, measuring and responding to risks and issues, as well as the professional and social responsibilities of project management. Prerequisite: BUS-531.
A project-based capstone course in which the student will demonstrate the ability to integrate project management education and practical experience by implementing a plan for improvement based on the project management cycle. Prerequisite: BUS- 532.