Masters in Project Management in Australia

Posted on: July 19, 2016

Recent studies have shown that 15.7 million new project management roles will be added globally by 2020 and Australia alone will account for over 375,000 of those roles.

That's a big number, no matter how you look at it. Now combine that with the fact that Project Managers in Australia command the second highest median salary in the world and you can see why this is such a popular area of study in Australia.

In this article, we'll go over the universities that offer the Masters in Project Management (MPM) in Australia, job prospects and salaries after the course, and some important factors that you need to keep in mind while selecting your university.

Universities that offer Masters in Project Management in Australia

Take a look at the table below for a list of leading universities that offer the Masters in Project Management in Australia along with essential course information , including, the cost of the course for international students and the duration of the course.

University Course Cost/ Fees per year Years
University of Technology Sydney Master of Project Management A$ 25,140 1.5
Queensland University of Technology (QUT) Master of Project Management A$ 29,400 1.5
Queensland University of Technology (QUT) Master of Project Management + Master of Engineering Management A$ 29,400 2
Griffith University Master of Engineering Project Management A$ 29,500 2
RMIT University Master of Project Management A$ 29,760 2
University of South Australia Master of Project Management A$ 30,250 2
University of Queensland Master of Project Management A$ 34,611 1.5
University of Sydney Master of Project Management A$ 38,000 1.5
University of Adelaide Master of Project Management - 2
Australian National University Master of Project Management A$ 39,024 2

* Only universities that are ranked within the top 500 in the world in the QS World University Rankings 2015/16 are included in this list.

Career prospects

Before we dive into the job prospects and industry statistics, we want to make sure that you are aware that Australia currently offers post study work visas to international students.

However - and this is something that you really need to know - your eligibility for the post study work visa depends on the type of course that you complete in Australia AND the duration of your course, amongst other things.

If you are not completely familiar with the eligibility criteria then read this article on work visas after your Masters before you select your course.

Now that you are aware of the post study visa regulations, let's move on to industry statistics.

Recent reports by PMI have estimated that there will be more than 375,000 new project management roles in Australia by 2020.

However, as we stated earlier, the concepts covered in the MPM program are universally applicable. So the roles you can apply to and the salary you can expect would depend on the industry you work in and the depth of experience you have prior to undertaking the course.

For instance, if you have an IT background then you will most likely be looking at jobs in the ICT industry which is reported to have a surge in demand for skilled developers and managers.

Similarly, if your background is in civil or construction engineering, then you will be happy to know that job openings for Construction Managers are expected to be high from now to 2019 probably due to the major infrastructure projects in many Australian states.

And what about salaries?

Things are looking good on that front as well with a recent report by PMI indicating that project managers in Australia earn a median salary of A$139,037 which is the second highest in the world.

Course overview

The MPM course is a generalised area of management studies making the concepts applicable to any industry. It instils a “big picture” thinking mind-set that is crucial to managing projects.

What does that mean from a learning standpoint? Well, you will typically learn time, cost and quality management along with real-time, practical knowledge in managing complexity, benefit realization, procurement, program and portfolio management etc. through relevant case studies and group assignments. In some cases, you also get to work on developing plans for real projects as a part of your coursework!

Moreover, if you would like to be a CAPM (Certified Associate in Project Management) or PMP (Project Management Professional) certified professional, you can usually use your degree to meet the 35 hours of prior learning pre-requisite required to undertake the exam. On the other hand, if you already hold the CAPM or PMP certification, you might be able to use the units in the program to earn Professional Development Units (PDUs) needed to maintain and/or renew the certification.

Remember, you will need to have at least a few years of work experience in order to derive maximum benefit from the course. If you don’t have the required experience, you can consider doing courses such as the Master of Engineering Management, which also has tremendous scope in Australia, and you can read about it here.

Conclusion

There are a whole range of opportunities for project managers and given the expected employment numbers in Australia, now would be a good time to up-skill and do the Masters in Project Management. We have tried to provide a comprehensive overview of the course in this article, however, if we have left anything out or you require any further information then please fill out this enquiry form and we will get back to you.

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