Master in Business Administration – Project Management
Gain knowledge and skills required to plan and execute successful projects with an MBA.
As a project manager, you may be called upon to organize and oversee all aspects of a project from start to finish, from establishing and maintaining the budget to assembling the right staff for your team. The Master of Business Administration with a specialization in Project Management is designed for those seeking a business degree that goes beyond the basics. By supplementing the core MBA curriculum with a collection of courses focused on skills vital to a career as a project manager, this program equips students with the expertise necessary to successfully take on leadership roles in companies ranging from established corporations to cutting-edge startups.
Aspen University is approved as a Project Management Institute (PMI®) Charter Registered Education Provider. Students who graduate with the Master of Business Administration in Project Management degree will be well on their way to qualifying for Project Management Professional (PMP®) certification. For additional certification requirements, please visit the PMI website.
Students will complete courses covering business finance, managerial accounting, business ethics, project management essentials, and project management organizational frameworks.
Graduate Capstone
Students are required to complete a capstone project. This individualized project allows students to apply knowledge and skills acquired in their courses and real-world experiences. It is designed to promote vital assets of learning integration, synthesis, and expertise in change management and leadership.
Enjoy Flexibility– 12 online courses with program start dates every 2 weeks
Choose Where You Learn– Online courses
Affordable Monthly Payments
Focus on Your Passion– Choose your capstone project
Why More Students Are Choosing Aspen
MBA Courses
Aspen’s MBA curriculum features 12 courses designed to equip you with advanced leadership and management skills. Taught by experienced educators from diverse industries, you’ll have the opportunity to apply new knowledge directly to your field through the integration of your MBA capstone project.
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MGT500 - Management
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BUS530 - Marketing Management
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BUS560 - Business Ethics
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MGT570 - Advanced Strategic Management
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MGT520 - Quantitative Analysis
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BUS510 - Managerial Accounting
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BUS550 - Business Finance
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BUS540 - Managerial Economics
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MGT645 - Project Management Essentials
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MGT646 - Project Management Organizational Framework
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MGT647 - Project Management Integration Framework
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BUS799 - Graduate Capstone
Management provides a solid foundation for facing the challenges of a rapidly changing and highly competitive business environment. This course introduces the fundamental management functions of planning, decision-making, organizing, leading, and controlling, as well as the tools and techniques of managing people, processes, projects, and the work environment. Students explore current issues in management and gain insights into how successful organizations operate.
3 CreditsRequired Books
This pulls together specialized models, tools, and processes from the perspective of the manager who is responsible implementing a coordinated marketing program. Because consumers and business buyers face an abundance of suppliers seeking to satisfy their every need, companies and not-for-profit organizations cannot survive today by simply doing a good job at marketing management. They must do an excellent job if they are to remain in the increasingly competitive global marketplace. Many studies have demonstrated that the key to profitable performance is knowing and satisfying target customers with competitively superior offers. This process takes place today in an increasingly global, technical, and competitive environment. Marketing management is the conscious effort to achieve desired exchange outcomes with target markets. The marketer's basic skill lies in influencing the level, timing, and composition of demand for a product, service, organization, place, person, idea or some form of information.
3 CreditsRequired Books
Today’s managers face many different opportunities to make decisions ethical and unethical as they compete with other firms. This course will provide an opportunity for managers to take business ethics seriously. That means taking the time to understand the core elements of the system that have gone awry and led to some extreme behaviors. Business ethics is primarily about business. This course will allow managers to get beyond the view of business as separate from ethics by allowing an opportunity to understand that business ethics is a fundamental of business management. This course begins by exploring the inherent values of future managers, how ethics is an integral aspect of an organization’s value-creation activities and aspirations.
3 CreditsRequired Books
Advanced Strategic Management is designed to help students effectively guide an organization toward a profitable and dynamic future. This course provides students with a formal method of defining the organization's purpose and aligning the entire business to achieve corporate goals. It also examines emerging technologies in information processing as an important element of strategic planning.
3 CreditsRequired Books
A background to use a broad array of powerful and appropriate analytic tools to make business decisions is presented. These skills will enhance the ability to contribute solutions to an organization that are based on quantitative analysis. By learning which methods are appropriate to a given solution and by becoming familiar with the assumptions associated with each method, evaluation of if the best process was used to generate results based on the available data. Skills to become a better decision-maker and problem-solver are presented. A key ability is to use mathematical programming to make or confirm decisions instead of relying on rules of thumb, opinions, and expert judgement.
3 CreditsRequired Books
Accounting, the language of business, provides crucial decision-making information to business organizations. This introduction to financial and managerial accounting prepares students to construct and interpret financial statements, generate budgets, and to use accounting data for strategic and management purposes with an emphasis on profitability. Legal and ethical issues in accounting are also discussed.
3 CreditsRequired Books
This course explores financial statement and cash flow analysis and the time value of money. It presents information on bonds and stock valuation and risk, return, and value. There are also discussions on capital budgeting processes and techniques, cash flow and capital budgeting, and cost of capital and project risk. Options and the international financial market are discussed as well.
3 CreditsRequired Books
Economics is the study of how resources are allocated. People of a nation and their government decide how much of a commodity should be produced and how that commodity is allocated. The allocation is done by a price system in free markets. There, prices determine how commodities are to be allocated, and prices determine how much should be made by a business. Microeconomics conveys the study of this allocation system to the level of an individual business. For over 200 years, business behavior has been carefully studied, conclusions made and tested, the models formulated and refined. Managerial Economics draws on the principles of economics and applies them to managerial decisions. It is incumbent on the student to be well versed in economic theories, models, and concepts so that their applications are pertinent, appropriate, and well-reasoned.
3 CreditsRequired Books
Introduction of the fundamental elements of effective project management and provides students with the opportunity to apply these elements using exercises and examples based on real-time projects. The tools and techniques used to plan, measure, and control projects, as well as the methods used to organize and manage projects, are also discussed. Focus is on developing project managers who can find the right people to do the right work at the right time, and for these people to make the right decisions. If you intend to certify as a Project Management Professional (PMP)®, initiate contact with the Project Management Institute at www.pmi.org and/or your local PMI® chapter.
3 CreditsRequired Books
Project Management Organizational Framework covers principles and practices presented in the Project Management Body of Knowledge (PMBOK® Guide) developed by the Project Management Institute (PMI) Standards Committee. This guide addresses such organizational and structural issues as scope, time management, human resource planning, and project communications, and serves as the foundation for the project manager certification areas of competency.
3 CreditsRequired Books
PMIF completes the topics presented in the Project Management Institute's Project Management Body of Knowledge and includes project cost, quality, procurement, and risk management. Continuing the work from PMOF, PMIF provides students with additional opportunities to apply these concepts using real-life exercises and examples. Special consideration is given to preparing students for the Project Management Professional (PMP)® certification exam.
3 CreditsRequired Books
The capstone project allows students to apply the knowledge and skills acquired in their courses to the work environment. This project is completely individualized; students are encouraged to select work-related projects that are of particular interest to them and that will result in professional growth and benefit the organization.
3 CreditsRequired Books
“The faculty is top-notch, and the instructors are some of the best. Their ability to link learning materials to things in your life to make that “connection” is vital for learning, and Aspen instructors in the School of Business and Technology have been amazing for me.
David G.
MBA Project Management, graduated April 2024Cost & Time to Completion
The Best Fit for Working Adults
We understand the difficulties in pursuing your MBA when you have a demanding work schedule. The 8-week courses at Aspen University allow you to complete your program in as little as 2 years.
Our Monthly Payment Plan Makes Us Different.
Paying for your MBA shouldn’t be complicated. Our Monthly Payment Plan makes it easy for working nurses to finance their MBA program.
Tuition Rates
| $15,480 | Tuition |
| $2,075 | Fees |
| $1,800 |
Estimated
Textbook
Costs
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| $19,355 | |
Other Ways to Finance Your MBA
Students who have served, or are currently serving in the United States Military and their legal spouses are eligible to receive a Military Affiliation Discount from Aspen University.
Aspen University is currently approved by the U.S. Department of Education to offer federal student aid for the MBA program.
Aspen University maintains employee tuition discount partnerships with a large and growing number of organizations. Tell your enrollment advisor where you work and ask them to check for you prior to enrolling.
Aspen offers several payment plans for students to fund their education.
Earn Your MBA with Confidence
The School of Business and Technology at Aspen University has received specialized accreditation for its business programs through the International Accreditation Council for Business Education (IACBE) located at 11960 Quivira Road in Overland Park, Kansas, USA. For a list of accredited programs please view our IACBE Member status page.
Clayton W.
MBA Information Management, graduated July 2021Admission Requirements
Application – A completed application; Aspen does not charge an application fee
Bachelor’s Degree – Official Transcript demonstrating a bachelor’s degree from an institution that is accredited by a CHEA recognized accrediting body or an international equivalent; applicants must have earned at least a 2.5 GPA in their bachelor’s program (see Catalog for more information)
Career Outlook
In an increasingly project-oriented world, the role of skilled project managers is more critical than ever. Industries across the globe rely on project management professionals to ensure that projects are completed on time, within scope, and on budget, making this an essential skill set in today’s business landscape. According to the Project Management Institute (PMI), the global economy will require 25 million new project professionals by 2030 to meet the growing demand across various sectors such as construction, IT, healthcare, and finance. This need is driven by factors like economic growth, the increasing complexity of projects, and the high rate of retirements in the workforce. To close this talent gap, an estimated 2.3 million individuals will need to enter project management-oriented roles each year until 2030.
The U.S. Bureau of Labor Statistics also projects strong growth for management occupations, including project management roles, with employment expected to grow 7% from 2023 to 2033. This expansion is driven by the increasing need for organizations to improve efficiency and productivity through effective project management practices.
An MBA in Project Management from Aspen University prepares graduates for several leadership roles, including project manager, program manager, operations manager, and project consultant. These roles are in high demand across various industries, including technology, manufacturing, healthcare, and construction, where the ability to lead complex projects is crucial for success.
Average Annual Salary for Project Managers
$98,580
Data pulled from the Bureau of Labor Statistics in Fall 2024. Salary can vary widely depending on geographical location and role.
MBA Frequently Asked Questions
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What is an MBA degree?
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Is Aspen’s MBA program accredited?
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Can I finish my MBA degree online?
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What specialties are offered in the MBA degree program?
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Can multiple specialties within the MBA program be completed simultaneously?
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Does Aspen recommend any supplemental learning to support students completing the MBA program?
A Master of Business Administration degree is a graduate-level degree that prepares graduates for advanced leadership and management roles in business.
Yes, the MBA program is accredited by the International Accreditation Council for Business Education.
Yes, Aspen’s MBA degree programs are completed online.
Aspen offers MBA degrees specializing in Finance, Information Management, and Project Management.
No, students can only complete one specialization.
Students without a strong mathematics background are encouraged to check out MBA Math. The focus at MBA Math is on the basics, making efficient use of your time. With the greater confidence of a firmer quantitative foundation, you will be positioned well to take on the challenges of the MBA program! You work at your own pace, according to your particular needs, making use of the teaching materials as you wish.