Online MBA in Project Management

Master of Business Administration - Project Management

Project Management Institute (PMI) projects a dramatic increase in the number of jobs requiring project-oriented skills. By 2027, they expect employers will need close to 88 million individuals working in project management-oriented roles globally.¹ Colorado Technical University offers a Master of Business Administration degree with a Project Management concentration that covers the nine knowledge areas specified by PMI in the PMBOK^® Guide. This program is designed to integrate business foundation courses with the theory and practice of project management. In a capstone course, you will have the opportunity to produce a complete project plan and demonstrate your understanding of project integration and management of projects within a program, using project management software to manage cost, time, and resources.

Program Credits

5 Weeks

Course Length

Online Colorado Springs

Location

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Program Overview

Effective August 2023, this program is no longer available for future enrollments at the Aurora Campus.

The Master of Business Administration with a concentration in Project Management (MBA-PM) is a 48-credit-hour program offered online and at our Colorado Springs campus. It includes 32 credit hours in the business administration core and 16 credit hours in the project management concentration.

This degree program is designed to provide the tools, techniques, and the opportunity to develop the skills needed to effectively manage projects. In addition, the program integrates business foundation courses with the theory and practice of project management in order to prepare well-equipped and skilled project managers. The curriculum is designed to help graduates prepare to pursue careers in project management by developing proficiency in decision-making, program and portfolio management, business tools and techniques, and the principles and skills of project management.

This program does not lead to additional licensure or certification. As such, CTU has made no determination regarding prerequisites for licensure or certification in any state or jurisdiction.

The mission of the College of Business and Management is to offer professional market-driven business degrees that build business competencies transferrable to all industries. The College of Business and Management accomplishes this mission by offering curriculum that aligns to industry standards, remains relevant, and builds practical skills applicable to the competitive global business environment.

For the eighth consecutive year, CTU’s online Master of Business Administration degree programs are ranked among the Best Online MBA Programs by U.S. News and World Report.*

* CTU programs are ranked among U.S. News & World Report’s 2024 Best Online Programs.

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Courses

Courses: Core		Credits
ACCT615 This course focuses on constructing and evaluating financial models to enhance profitability in the manufacturing environment. Students will evaluate the cost structures, pricing, and the role the balanced score card plays in purchasing and manufacturing decisions.	Advanced Cost Accounting	4
ECON616 During this course the student will study the practical aspects of both micro- and macroeconomics and how they are applied to the managerial environment. The students investigate the role of economic principles in management analysis and decision making: the study of demand, cost, and supply concepts from a business viewpoint; and the application of national income measures to strategic planning and the future.	Applied Managerial Economics	4
FINC615 Emphasizes management decision making utilizing accounting and finance concepts. The following subjects are addressed in the course: financial reports and metrics, financial analysis and planning, financial forecasting, financial markets, financial leverage, working capital management, capital budgeting processes, cost of capital and long term financing. The student will apply the knowledge learned by completing a financial strategy report and accomplishing a research report summarizing an application of financial analysis from either the academic or professional literature.	Applied Managerial Finance	4
HRMT620 Human capital management creates a paradigm to strategically look at people as the most valuable asset. This course provides a framework for students to integrate human capital management as part of the overall business strategy. By understanding, evaluating and integrating the human capital management model, the student will also be able to apply these approaches both domestically and globally.	Strategic Human Capital Management	4
INTD670 The course analyzes the concepts of leadership versus managerial roles and responsibilities relative to societal expectations for ethical behavior and regulatory scrutiny affecting both leaders and managers in an organization setting. This course also differentiates among ethical decision-making processes and decision problems with ethical implications. Students examine a variety of complex ethical issues confronting industry leaders and professionals as they work with various stakeholders of an organization. Additionally, students explore the code of conduct at work, methods to implement a code of conduct, and issues related to managing conflicts of interest within a decision making process.	Leadership and Ethical Decision-Making	4
PJM640 The course is designed to provide an understanding of achieving organizational strategic objectives through effective project selection and management. Students will examine the process of decision-making by organizational managers pertaining to key decisions, prioritization, and alignment with their overall strategic objectives. The course also explores the role of the Project Management Office (PMO) and how the decisions made by this office impact organizational project planning, cost, scheduling, monitoring, and control.	Managerial Decision- Making in a Project Management Environment	4
PJM650 This course focuses on the relationship between project risks and the organizational risks at the strategic level. The alignment of project objectives and embedding risk management in the overall strategy of the organization will be addressed. The management of the project scope from a risk and strategy perspective throughout the project life cycle will also be discussed. Students will have the opportunity to apply project and program risk management and strategic decision-making processes to project situations.	Strategic Project and Risk Management in a Dynamic Environment	4
	Total Credit Hours:	28

Courses: Concentration		Credits
PJM600 This course is an introduction to the foundational discipline of effective project management in any industry. It examines the methods, approaches, processes, skills, tools and techniques, and value delivery system that project managers use to complete their projects on schedule, within budget, within scope, within quality, and customer acceptance. Students will explore and apply elements of the theoretical and operational framework of project management.	Project Management Fundamentals	4
PJM610 This course is focused on effective project planning, execution, and control. It examines the skills, tools & techniques, processes, and principles used in various project management environments to deliver projects successfully. Students have the opportunity to acquire skills for overseeing projects and managing project teams throughout the project life cycle.	Project Planning, Execution and Control	4
PJM620 This course provides students with an opportunity to apply different approaches to project scheduling and control. Students explore how to balance scope, time, and cost by utilizing tools and techniques. Specific project management tools covered include Gantt chart, Work Breakdown Structure (WBS), Program Evaluation and Review Technique (PERT), Milestone Charts, Critical Path Method (CPM), Critical Path (CP), Earned Value Management (EVM), Burn down charts, Net Present Value (NPV), and Internal Rate of Return (IRR).	Project Scheduling and Control	4
PJM630 This course provides an overview of procurement and contract management in project management. It examines the full life cycle of project procurement as it relates to both the buyer and the seller. Topics covered include bidding (RFQs, IFBs, and RFPs), contracts (fixed price, cost plus, time and materials), and the impact on project risk and contract negotiation. The course also reviews changes in contracts and methods to resolve disputes.	Project Procurement & Contract Management	4
PJM690 This course requires students to synthesize and apply the project management knowledge, methods, approaches, tools, and techniques to address a relevant issue. Students will have the opportunity to develop a project or program management plan from a given or chosen project or program scenario and present the application of their work.	Project Management Capstone	4
	Total Credit Hours:	20

Total Credit Hours: 48

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Learning Outcomes

MBA Program Learning Outcomes

Evaluate ethical dilemmas to make informed business decisions.
Develop business communication skills to support organizational interaction.
Interpret data using multiple modalities to solve business problems.
Examine current strategies and methods applicable in major business disciplines.
Review global perspectives used in a diverse business environment.

MBA-PM Concentration Learning Outcomes

Demonstrate leadership and advanced project management knowledge, technical expertise, critical-thinking, financial, and analytical skills to successfully lead program and project teams to deliver value.

Faculty

Bruce Stetar, DBA

University Dean

Dr. Stetar is the University Dean of the College of Business and Management at CTU. He has over 28 years of experience as an educator, filling roles in both the teaching and administration areas across a range of academic programs and divisions in the fields of Business, IT and Applied Communications at institutions in four different countries.

Cynthia Solari, DBA

Executive Program Director

Dr. Solari is an Executive Program Director for CTU's College of Business and Management. She has spent over 20 years in higher education, pre-dominantly in an operations role, focusing on organizational change and leadership development strategies within the non-traditional and online sector.

For more faculty profiles please visit our Leadership and Faculty page.
For more information visit the College of Business and Management.

Admission Requirements

MBA Foundation Requirements

The Masters of Business Administration (MBA) is built upon the expectation that students will enter the program with a solid business background to succeed in some of the core MBA courses. Therefore the MBA requires students to have prior foundational knowledge in all core business disciplines to be successful. Students entering in the MBA program without an undergraduate degree in business will be required to successfully complete two MBA foundation courses (MGMT502 and MGMT503) covering the following areas of business: accounting; economics; finance; marketing; statistics; management; business law; ethics; business policy; business strategy; information technology; operations management; and global leadership.

If the student can show evidence of a GMAT score of 500 or above the foundation requirements may be waived. Students continuing from any of CTU’s non-business bachelor programs must complete the MBA Foundation Requirements. The foundation courses are also available to students with an undergraduate business degree who wish to refresh their knowledge in these subject areas. MBA foundation courses must be completed prior to respective MBA required courses that hold MGMT502 or MGMT503 as a prerequisite. Students must successfully complete and pass MGMT502 and MGMT503 prior to the end of the first quarter. Students who do not meet the MBA foundation requirements will be withdrawn, canceled or transferred from the MBA program. Students must be able to exhibit proficiency by successfully completing the foundation course with a minimum 70% passing score. If after 5 attempts (applies to each course separately) students do not pass the foundation course, students are encouraged to work with the Student Advising department if they have questions regarding these foundation courses, timeframes for completion, or for alternative programs of study as needed.

Accreditations and Alignments

This program is accredited by the Accreditation Council for Business Schools and Programs (ACBSP).

The MBA with a concentration in Project Management degree program is accredited by the PMI Global Accreditation Center for Project Management Education Programs (GAC).

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FAQs

What is a Master of Business Administration (MBA) in Project Management degree?

CTU’s Master of Business Administration (MBA) in Project Management Degree Program is designed to provide the tools, techniques, and the opportunity to develop the skills needed to effectively manage projects.

What will I study in this MBA degree program?

As you work to complete your MBA, you will be immersed in courses where you will study these topics and much more: theory and practice of project management, decision-making, program and portfolio management, business tools and techniques, and the principles and skills of project management.

When and where can I begin my classes?

Courses for the Master of Business Administration in Project Management start Online and at our Colorado Springs campus approximately every five weeks. Completion of the CTU admissions process will depend on how quickly you complete the steps in the CTU online application process. You may complete the application process over the phone with an advisor or you may go online. Once you’ve completed the online application, you may hear from an advisor within the following 24 hours to discuss the next steps toward starting your degree program. Master’s programs may have additional entrance requirements that take additional processing time.

How many credits are required to graduate from a master’s degree program?

The Master of Business Administration in Project Management degree program consists of 48 credits. You may be eligible for transfer credit, which is evaluated on an individual basis. Not all credits are eligible to transfer.

Why should I pursue an MBA degree at CTU?

As you study topics in business that are always being evaluated and updated to reflect industry-relevant trends, you will experience a curriculum through classroom learning and hands-on experience that aligns to industry standards and helps you work to develop skills that are applicable to the competitive global business environment.

Is this Master of Business Administration degree program accredited?

The Master of Business Administration in Project Management degree program at CTU is accredited by the Accreditation Council for Business Schools and Programs (ACBSP). The MBA with a concentration in Project Management degree program is accredited by the PMI Global Accreditation Center for Project Management Education Programs (GAC).

Are there any requirements for pursuing an MBA at CTU?

Students entering in the MBA program without an undergraduate degree in business will be required to successfully complete two MBA foundation courses (MGMT502 and MGMT503). The foundation requirements may be waived if the student can show evidence of a GMAT score of 500 or above. Students continuing from any of CTU’s non-business bachelor programs must complete the MBA Foundation Requirements. MBA foundation courses must be completed prior to respective MBA required courses that hold MGMT502 or MGMT503 as a prerequisite. Students must successfully complete and pass MGMT502 and MGMT503 prior to the end of the first quarter.

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¹ Project Management Institute, http://www.pmi.org/learning/careers/job-growth

**The GAC Accredited Program seal is a mark of Project Management Institute, Inc.