PMP is a less-popular certification course, but it has a lot of professional value in the field of project management. MBA is a globally popular post-graduation degree. You have to have 2-5 years of project management experience and some training to take the PMP certification exam. It takes 2 years to complete a full-time MBA course and about 3 years to complete a part-time course. You also have to have 24-60 months of project management experience, depending on your degree. Depending on the institution, they also have to pass exams like GMAT, CAT, and XAT to take admission.Ī high school diploma or a graduation or post-graduation degree is necessary for the PMP certification exam. Those who want to pursue MBA must have at least a 50% score in their Bachelor’s degree. The training can cost anywhere from $50-$3,500. Other than additional training costs, a PMP certification exam costs $405 for members of PMI, and for non-members, the price is about $555. This figure includes fees, living expenses, and other costs. The per annum cost for a 2-year MBA degree is about $1,60,000- $1,80,000. This table on some parameters of both PMP and MBA will help you understand the difference between PMP and MBA. But nowadays, many companies are looking for a PMP certification in their next employees’ resumes. So why the debate about ‘MBA or PMP which is better?’ Well, both of them are professional courses with relevance in the job field. You can take both offline and online MBA classes, and an MBA degree is almost bound to give your resume a boost in the job market. An MBA course can have many specializations, and students can choose the one they think suits their career goals the most. MBA or Master of Business Administration, on the other hand is a post-graduation degree pertaining to the world of business administration. ![]() This certification is perfect for you if you have already worked in project management for 3 years or more. The course trains students in all the necessary skills necessary for managing any project from beginning to end. Out of all the project management certifications in the world, PMP is the most popular. Project Management Professional or PMP is a project management certification course offered by many project management institutions around the globe. Go for PMP certification training to ace your PMP exam in the first go. ![]() But at the end of the day, you have to decide between these two courses based on your professional goals and needs. In this article, we will discuss the differences and pros and cons of both these courses for your understanding. There are a few parameters you have to consider before you decide ‘Which is better, MBA or PMP?’, like the cost of the two courses, how much time both of them take to complete, and the eligibility criteria of these courses. PMP certification vs MBA debate can be confusing for students who are looking for a course that can boost their careers. So, why is the PMP vs MBA debate taking up the industry by storm? One of them is an ages-old tried-and-tested option, while another one is just becoming popular in the professional field. The odds at Wharton are pretty much close to their overall admit rate due to the two earlier factors, along with the fact that you are an Asian or Indian, simply due to the large numbers of Asians and Indians in the elite MBA applicant pool.Project Management Professional certification PMP and MBA are courses that can take you far in your professional life. You are a virtual shoo-in at Tepper, which is a superb choice for you right in town, or Duke Fuqua. And you clearly have challenged yourself with the big wins you cite. Few product managers can say that they have a track record in seeing to completion $10 million-plus projects on-time and on-budget. ![]() With those caveats out of the way, let me just say your have an amazingly impressive background of accomplishment. It’s also notable that despite the fact that Penn State graduates a lot of students every year, very few of them ever end up at Wharton which, like HBS and Stanford, loves Ivy Leaguers, near Ivy Leaguers and public Ivies. Your first choice school, Wharton, has been over-indexing GMAT scores in recent years so the fact that your 710 is 22 points below the latest class average of 732 is more consequential than it should be.
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