#Pmp stand for professional
A good quality MBA program can cost around $100,000.īut a PMP certification is relatively inexpensive almost every working professional can afford it. How much does an MBA cost? Probably more than you can afford. Here is a video on Introduction to PMP Certification Training. PMP certification training provides specialized knowledge that an MBA usually lacks-and this has a higher value in the job market. Individuals with PMP certifications are immediately identifiable to employers as someone with real skills. The answer to this need is the PMP certification, which combines technical knowledge with managerial skills. They prefer technocrats to just bureaucrats. They need managers who understand and work with technology. However, organizations-especially technology companies-have realized that they need more than just managers. Ideally, an MBA should be able to find employment in any industry, in any vertical. An MBA can be fairly generalized, seldom focused on a particular industry or functional area, which is its greatest strength. MBA programs are designed to create managers. Enroll in our PMP® Certification Course today and develop a strong foundation in the principles of project management. Another thing to consider is that the PMP is relatively new-there aren’t as many PMPs in the job market as there are MBAs. In fact, a PMP certification helps you build on the skills that you have already acquired while working for the industry. You get trained in the vertical of your choice to meet a specific requirement of the industry. On the other hand, PMP works based on industry needs. More and more professionals are realizing that even after spending thousands of dollars to get an MBA, their career remains stagnant.
But is the industry ready for so many MBA professionals? Apparently not. Add to this online education options, and it seems there are MBAs everywhere. Every institute (with varying reputations) have jumped into the MBA bandwagon. Today, there are more MBA courses out there than ever before. And everyone who could afford a degree got one. There was a time when an MBA was not very common it was essentially a two-year, graduate degree that not many people achieve-and, there weren’t many institutes or universities that offered an MBA program.īut as the demand for MBA rose, many institutes began offering shorter executive MBA programs, making it much easier for a working professional to get an MBA degree. However, there are a few things you need to consider before you make a decision.Įlevate your career prospects with Simplilearn's MBA courses - Gain a recognized qualification and open doors to lucrative job opportunities. At the end of the day, the answer will depend on your personal career choice. It should have long-term as well as short-term benefits.Īny type of education you consider should be evaluated according to these parameters.It should make you more suitable for the job market.Where do you see yourself 5 years from now? What about in 10 years?Ī professional degree like an MBA or PMP Certification is supposed to help you get ahead in your career therefore, it should fulfill these three requirements: Before getting into the differences between the PMP® and MBA, ask yourself this question:
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