PMP vs MBA
I have chatted in the chat rooms and seen many people asking the question “Should you take the PMP Exam or the MBA?” I can recall the first time I read this. I had to take a few steps backwards, raise my eyebrows and say “wow!” I still remember the years it took to get my MBA. I was part of a team and had to do other people’s work all the time. We moved to another state and had our first child. That MBA required a lot of character. Is there a PMP at the same level? The PMP is only one test you need to pass. I was both a PMP and an MBA so I thought about the reasons for the question. There was merit. Application: I gained a lot of higher-level knowledge in many subjects during my MBA studies. I learned more from graduate school than the PMBOK. I was often given the task of devising strategies, adventure scenarios, or competitions that would support theories and best practices. Practical knowledge was used. I also learned a few new Excel tricks like the “Goal-Seek” function. My PMP study helped me to improve my project management skills. Although I didn’t have a lot of knowledge in certain areas, I was able to talk about process procedures and ITTOs all day. Some practical applications were taught to me, including critical chain scheduling and Monte Carlo. Simulation: I have learned many practical applications from both the MBA and PMP, but they are not directly applicable to my job. However, I would say that the PMP criteria is more easily understood by those in my field of work (project management). Although I felt I learned more from my MBA, the PMP content is so practical that it makes it more practical to continue. Standardization: What’s in an MBA? It all depends on where you went to school. Even if I didn’t go to your school, how do I know that you have the criteria I value? An MBA can offer a lot of flexibility. Its watered-down appeal is due to that, I believe. While some companies pay attention to AACSB relevant degrees, many companies/managers don’t.
Learn more about AACSB.
The PMP is a standardised knowledge test for project management. The test is a solid stepping stone to accomplishment and qualifies applicants for criteria knowledge. Every applicant takes the test and is tested on the same type of criteria that is relevant to Project Management Body of Knowledge. Branding: Although I didn’t go to Harvard, I did attend a state school that required a high GMAT score to be admitted. People who live in the same state as the college are most impressed that I went there. I am currently living in another state, so I don’t think I have seen the school’s branding potential in my career. The PMI institute is a recognized standard in practice. The PMI institute is widely accepted and admired. The PMP is an equivalent to Project Management, just like a CPA for Accounting. The credential indicates that the discipline has been practiced.
A certain level of knowledge has been reached.
Continued learning is taking part.
Which credential is more important when I look at job boards? It seemed to me that employers were more selective about a bachelor’s degree than a PMP, but that an MBA was more important than a PMP. Employers include the PMP credential in their proposals if they think about it from an employer’s point of view.
Networking: I met many good people during my MBA tenure. They are still there every other week…on LinkedIn. Perhaps it will lead to something else in the future. I do network w