Is an MBA degree essential for a project manager?
An MBA is not essential for a project manager, but it is a critical component should one want to expand his or her career. As project managers, we rarely have direct reports, although we get a lot of experience managing people on our project teams. As a result, it is hard to move into a managerial role. I have found more people willing to give me opportunities in my career (including managerial experience) as I’ve worked towards attaining and completing the MBA. I also feel that an MBA gives one a much better understanding of how businesses are run as a whole, and allows a project manager to be much more effective and efficient in project execution.
