This blog can assist you if you need assistance choosing between an MBA and a PgMP® (Program Management Professional Certification).

The differences between the two certifications will be discussed throughout the post so you can understand both the big picture and the specifics of each. Without further ado, let's examine each certification and determine which is best for specific candidates.

The short answer is that an MBA will cover all of the essentials you'll need to thrive in business if you're starting from scratch and have no prior expertise. When you've earned some experience following that, you should think about including a PgMP certification on your résumé.

PGMP Certification characteristics:

  1. A senior certification for project managers with substantial training and experience, the PgMP.
  1. In order to earn their PgMP certification, candidates had to successfully complete a program that tested their management skills across a number of interconnected projects.
  1. Project and program managers with more than 8 years of experience are eligible for this certification.

Features of MBA Program:

  1. One of the most significant benefits of getting an MBA is that it increases your academic and practical understanding of how companies work
  1. An MBA degree requires you to step outside of your comfort zone. You’ll learn about the most recent developments in international business.
  1. An MBA can also help you prepare for changes in the business world. The skills you acquire are also the most effective instruments you have for adapting to the unavoidable change in industry.

Eligibility

PgMP Certification Training Prerequisites:

Candidates for the Program Management Professional (PgMP) must have the following qualifications:

  • A four-year degree (Bachelor’s degree or global equivalent) is required.
  • A minimum of four years’ experience in project management is required.
  • Experience in program management for four years.

To be considered for a full-time MBA, you must meet the following requirements:

  • You must have graduated from a recognized university with a bachelor’s degree or equivalent in any discipline.  
  • On average, your average score should be 50%. Colleges and institutions have different minimum scoring requirements.
  • If you’re a final-year student, you’ll need to show documentation that you finished your degree within the timeframe set by the college/university.
  • You may also have to pass an entrance exam, depending on the institute. CAT, GMAT, and XAT, among others, are the most popular.

PgMP (Program Management Professional):

  • A four-year degree (Bachelor's degree or global equivalent) is required.
  • Project management experience of at least 4 years is required.
  • Experience in program management for four years.

MBA (Master of Business Administration):

  • A bachelor's degree from a recognized university in any (discipline or equivalent).
  • You must pass an entrance exam, such as the CAT, GMAT, or XAT.
  • Group Discussion (GD) and Personal Interview rounds (PI).

Job/ Career Outlook

There are a ton of misinterpretations about PgMP certificates versus MBA degrees. Individuals accept that an MBA rises to huge measures of cash and don’t understand there are numerous degrees more qualified for projecting the executive’s occupations than business degrees. The MBA is a business degree and has no immediate association with the project board. It’s anything but smart to get an MBA to work in the field of undertaking the executives.

The program management professional certification will get you the desired profession and open doors that are for all intents and purposes inaccessible for those with graduate degrees, so it gives an unmistakable benefit over any remaining degrees. The certificate can be effortlessly coordinated into the gig market, and you will track down potential chances to utilize it even in regions that don’t need project executives like public help, deals and promoting. As a matter of fact, there are numerous extraordinary positions only sitting tight for project directors that don’t need any credentialing.

The PgMP is an exceptionally powerful program and is accessible from one side of the planet to the other.

Conclusion:

PgMP Certificate holders enjoy a particular benefit of having the option to work in various fields, for example, IT, finance and so on. An MBA won’t give you experience in these fields, since you generally wind up representing considerable authority in only one space. Along these lines, what you pick truly relies upon your drawn-out profession objectives. If you want to prosper in the field of project management then you should opt for PgMP.  

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Posted 
Dec 26, 2022
 in 
Business
 category

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