Study Masters in Project Management in Australia

Project Management is a dynamic and rapidly growing field in Australia, and pursuing a Masters in Project Management in Australia can be a wise career move. Here are other reasons for studying Project Management courses in Australia:

1. World-renowned universities: Australian universities have world-class project management programs. According to the QS World University Rankings 2023 by Subject, 6 of the top 100 universities for Project Management are in Australia.

2. Variety of specialisations: Australian universities offers a wide range of project management courses like MBA project management, MSC project management, etc.

3. Increase in employment: As a Project, Management is a diversified field and each business requires a project manager, the demand for professionals is growing in Australia. Industries like Healthcare, Construction, IT/Technology, and Engineering require project managers in Australia.

Source: https://studyonline.rmit.edu.au/blog/four-best-industries-project-management-careers

Australia offers a range of Project Management courses that cater to the diverse academic and professional aspirations of students. From short courses to full-fledged masters programs, there are various types of Project Management courses available in Australia. These courses provide students with a deep understanding of project management principles, tools, and techniques, and prepare them for leadership roles in various industries. Here are the top specialisations you can opt for:

1. MBA in project management:

An MBA in Project Management is a popular program in Australia that combines business management skills with project management principles. It is a two-year program that covers a broad range of topics, including finance, marketing, operations, and project management. The program is designed to equip you with a deep understanding of project management principles, tools, and techniques, as well as a strong foundation in business management.

In this program, you will learn how to manage projects within the context of the overall business strategy. This will enable you to become a well-rounded professional with a deep understanding of project management principles and business management skills. The program will prepare you to take on leadership roles in various industries, where you can apply your knowledge and skills to manage projects successfully while aligning them with the overall business strategy. You can pursue career opportunities in various industries, including construction, engineering, information technology, and healthcare.

2. MSC in project management:

If you choose to pursue an MSC in Project Management program in Australia, you can expect to develop advanced project management skills and knowledge. The one-year program is designed for students who already have a background in project management or a related field, and covers advanced topics such as project risk management, agile project management, project governance, and project leadership.

You will learn how to apply advanced project management techniques to manage complex projects across various industries, making you a valuable asset to any organisation. Australian universities offer globally recognised MSC programs in Project Management that are highly valued by employers, opening up various career opportunities in industries such as construction, engineering, information technology, and healthcare.

Australia is home to several top-ranked universities that offer globally recognised Project Management courses. Here’s a list of top universities for Project Management courses in Australia according to the QS World university Rankings 2023:

• The University of Melbourne

• The University of New South Wales (UNSW Sydney)

• Monash University

• The University of Sydney

• The University of Queensland

• Australian National University (ANU)

The eligibility requirements vary with the institution you are applying for, but here are the common ones:

• English language proficiency test scores such as IELTS with a minimum band score of 6.5

• You should have completed your 10+2 and undergraduate studies from a reputed education board and university in any discipline to be eligible for admission

• Most Australian universities don't need GRE/GMAT scores. GRE/GMAT scores are required only for MBA program that too in select high ranked universities

Project management is a highly sought-after profession in Australia, with strong employment prospects across various industries. A Masters in Project Management from a reputed university in Australia can open up various career opportunities, including:

1. Project Manager: As a project manager, you will be responsible for overseeing the entire project lifecycle, from planning and execution to monitoring and evaluation.

2. Business Analyst: As a business analyst, you will be responsible for analysing business requirements, identifying problems and opportunities, and proposing solutions to improve business performance.

3. Construction Manager: As a construction manager, you will be responsible for managing construction projects, including planning, scheduling, and overseeing the construction process.

4. IT Project Manager: As an IT project manager, you will be responsible for managing IT projects, including software development, network installations, and system upgrades.

5. Healthcare Project Manager: As a healthcare project manager, you will be responsible for managing healthcare projects, including hospital renovations, technology upgrades, and medical equipment installations.

Overall, the demand for project management professionals is expected to grow steadily in Australia, creating various career opportunities in the coming years. Additionally, Australian universities have strong industry connections and offer internship opportunities to their students, providing valuable hands-on experience and enhancing employability.

An entry-level Project Management Officer with less than 1 year experience can expect to earn an average total compensation of AUD57,371. An early career Project Management Officer with 1-4 years of experience earns an average total compensation of AUD74,322. A mid-career Project Management Officer with 5-9 years of experience earns an average total compensation of AUD85,492. An experienced Project Management Officer with 10-19 years of experience earns an average total compensation of AUD85,976. In their late career (20 years and higher), employees earn an average total compensation of AUD110,000.

*According to the PayScale data as in March 2023

Pursuing a Masters in Project Management in Australia can be an excellent decision for individuals seeking to enhance their project management skills, gain international exposure, and improve their employability in various industries. Moreover, the multicultural and welcoming environment, along with the opportunity to work while studying, provides students with a holistic educational experience, preparing them for a successful career ahead. If you want to know more about Project Management courses in Australia, get in touch with our international education experts at IDP. They will help you with the start of your study abroad journey.