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.
The MBA in Project Management:
- Is programmatically accredited by the Accreditation Council for Business Schools and Programs (ACBSP)
- Has courses that integrate intellipath™, our proprietary learning application, which can customize coursework to suit your knowledge level
- Is ranked among the Best Online MBA Programs by U.S. News & World Report for the eighth consecutive year*
- Can be completed in as little as 12 months2
CTU aims to make it easy to manage your education with your smartphone or tablet anytime, anywhere with CTU Mobile. Our online and mobile-friendly classes run 5 weeks long and you can choose from 9 start dates a year.
* CTU programs are ranked among U.S. News & World Report’s 2023 Best Online Programs.
Relevant Institutional/Programmatic Accreditation
CTU is institutionally accredited by the Higher Learning Commission www.hlcommission.org
This business degree program at CTU is accredited by the Accreditation Council for Business Schools and Programs (ACBSP)
CTU's Master of Business Administration in Project Management is accredited by the PMI Global Accreditation Center for Project Management Education Programs (GAC).**
- October 03, 2023
- November 14, 2023
- January 02, 2024
- Colorado Springs
Online MBA in Project Management Program Details
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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.
Course Title Course Description Credit Hours ACCT615This 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 INTD670The 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 PJM640The 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 PJM650This 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
Course Title Course Description Credit Hours PJM600This 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 PJM610This 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 PJM620This 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 PM630
This course includes writing, negotiating and adhering to contracts, as well as legal and ethical considerations. Procurement, including writing, clarifying and communicating specifications, is covered. There is an emphasis on Contract Administration and dealing with subcontractors. Topics include bidding, types of bids (e.g., RFQs, IFBs, and RFPs), types of contracts (e.g., fixed price, cost plus, and time and materials), and their respective purposes and impact on risk and project contract negotiations. Changes in contracts, methods to resolve disputes, and writing clear statements of work (SOW) are discussed.
Contracting and Procurement in Project Management 4 PM665
As the Capstone course in the Project Management program, this course requires students to demonstrate how to synthesize and apply the concepts, knowledge, skills, tools, and to a real world scenario project. Students will be required to demonstrate the ability to produce a complete project plan, understand project integration and management of projects within a program, use project management software to manage cost, time, and resources, and manage project stakeholder expectations.
Project Management Capstone 4 Total Credit Hours: 20
Total Credit Hours: 48
Accreditations and Alignments
The MBA degree 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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Admission RequirementsMBA 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.
Cost of this degree may be reduced based on one or more of the following:
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Program details are provided lower on the page.
Classes start October 3, 2023 *
*Start dates may vary by program and location.
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.
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.
Courses for the Master of Business Administration in Project Management start online and at our Colorado Springs and Denver South campuses 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.
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.
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.
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).
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.
1 Project Management Institute, https://www.pmi.org/learning/careers/job-growth
2 As a master’s degree program, this program is designed as an 18-month program; however; many factors will impact your time to completion, including course loads, proficiency and/or transfer credits and breaks Students who take 1-2 classes per session, may complete the program in as little as 12 months.
**The GAC Accredited Program seal is a mark of Project Management Institute, Inc.