Jobs, Salaries and Career after Masters in Project Management - Updated 2023

2020 median Pay for Project Management

The median annual wage for postsecondary teachers was $80,560 in May 2020.

Pay

However, it may be stressful, especially for beginning teachers seeking advancement, to balance teaching duties with an emphasis on research and publication. At the community college level, professors are more likely to focus on teaching students. Work Schedules Most postsecondary teachers work full time, although part-time work is common. Postsecondary teachers who work part time may offer instruction at several colleges or universities. Some have a full-time job in their field of expertise in addition to a part-time teaching position. For example, an active lawyer or judge might teach an evening course at a law school. College and university courses are generally during the day, although some are offered in the evenings or on weekends to accommodate students who have jobs or other obligations. Academic calendars typically include breaks, such as between terms.

Best paying jobs for Business Administration and Management -MBA - Updated 2022

Number of Jobs for Project Management

Number of Jobs in 2020 was 1,276,900

Job Outlook for Project Management

Overall employment of postsecondary teachers is projected to grow 12 percent from 2020 to 2030, faster than the average for all occupations. About 139,600 openings for postsecondary teachers are projected each year, on average, over the decade. Many of those openings are expected to result from the need to replace workers who transfer to different occupations or exit the labor force, such as to retire.

Job description of Project Management

Postsecondary teachers instruct students in a variety of academic subjects beyond the high school level. They may also conduct research and publish scholarly papers and books.

Duties

Postsecondary teachers typically do the following:

  • Develop an instructional plan (known as a course outline or syllabus) for the course(s) they teach and ensure that it meets college and department standards
  • Plan lessons and assignments
  • Teach courses in their subject area
  • Assess students’ progress by grading assignments, papers, exams, and other work
  • Advise students about which courses to take and how to achieve their goals
  • Work with colleagues to develop or modify the curriculum for a degree or certificate program involving in-person, online, or hybrid delivery of course material
  • Stay informed about changes and innovations in their field
  • Serve on academic or administrative committees, as needed

Postsecondary teachers, often referred to as professors or faculty, specialize in a variety of subjects and fields. At colleges and universities, professors are organized into departments by degree field, such as history, science, or business. A professor may teach one or more courses within that department. For example, a mathematics professor may teach calculus, statistics, and a graduate seminar on a topic related to polynomials.

Postsecondary teachers’ duties vary, often based on the size of their employing institution. In large colleges or universities, they may teach courses, conduct research or experiments, publish original research, apply for grants to fund their research, or supervise graduate teaching assistants. In small colleges and universities or in community colleges, they may spend most of their time teaching courses and working with students.

Full-time professors, particularly those who have tenure (that is, they cannot be fired without just cause), often are expected to devote a great deal of time on original research. Tenured professors must document their analyses or critical reviews and publish their research findings. They also may be expected to serve on college and university committees.

Part-time professors, often known as adjunct professors, usually spend most of their time teaching students.

Professors may teach large classes of several hundred students (often with the help of graduate teaching assistants), smaller classes of about 40 to 50 students, seminars with a few students, or laboratories in which students practice the subject matter. Some teach online, either exclusively or in addition to providing live instruction.

Professors’ tasks also may include collaborating with their colleagues and attending conferences to keep up with developments in their field.

Information about postsecondary teachers who provide vocational training in subjects such as repair, transportation, and cosmetology is available in the profile on career and technical education teachers.

How to become Project Management

Educational requirements vary with the subject taught and the type of educational institution. Typically, postsecondary teachers must have a Ph.D. or other doctoral degree in their field. However, a master's degree may be enough for some postsecondary teachers at community colleges. Other postsecondary teachers may need work experience in their field of expertise.

Education

Postsecondary teachers who work for 4-year colleges and universities typically need a Ph.D. or other doctorate in their field of degree. For some specialties or for part-time positions, schools may hire those with a master’s degree or who are doctoral degree candidates.

Doctoral programs usually take several years to complete, and students typically need a bachelor’s or master’s degree to enroll. Most Ph.D. programs require students to write a doctoral dissertation, a paper presenting original research in their field of study, which they then defend in questioning from experts. Candidates usually specialize in a subfield, such as organic chemistry or European history.

Community colleges may hire those with a master’s degree. However, some institutions prefer that applicants have a Ph.D.

Work Experience in a Related Occupation

Institutions may prefer to hire those with teaching or other work experience.

In some fields, such as health specialties, art, law, and education, hands-on work experience is especially important. Postsecondary teachers in these fields often gain experience by working in an occupation related to their field of study.

In other fields, such as biological science, physics, and chemistry, some postsecondary teachers have postdoctoral research experience. Sometimes called a “post-doc,” this experience takes the form of a job that usually involves working for 2 to 3 years as a research associate or in a similar position, often at a college or university.

Some postsecondary teachers gain teaching experience by working as graduate teaching assistants—students who are enrolled in a graduate program and teach classes at the institution in which they are enrolled.

Licenses, Certifications, and Registrations

Postsecondary teachers who prepare students for an occupation that requires a license, certification, or registration, may need to have—or may benefit from having—the same credential. For example, a postsecondary nursing teacher might need a nursing license or a postsecondary education teacher might need a teaching license.

Advancement

Postsecondary teachers with a doctoral degree often seek tenure—a guarantee that a professor cannot be fired without just cause. Attaining tenure may take up to 7 years of progressing through the positions by rank: assistant professor, associate professor, and professor. The decision to grant tenure is based on a candidate’s research, contribution to the institution, and teaching.

Some professors advance to high-level administrative positions, such as dean or president. For information on deans and other administrative positions, see the profile on postsecondary education administrators. For more information about college and university presidents, see the profile on top executives.

Important Qualities

Critical-thinking skills. To conduct original research and design experiments, postsecondary teachers need to analyze information logically.

Interpersonal skills. Postsecondary teachers need to work well with others for tasks such as instructing students and serving on committees.

Resourcefulness. Postsecondary teachers must be able to present information in a way that students will understand. They need to adapt to the different learning styles of their students and be able to use technology for lessons or assignments.

Speaking skills. Postsecondary teachers need good communication skills to present lectures and provide feedback to students.

Writing skills. Postsecondary teachers need strong writing ability to publish original research and analysis.


What people in similar profession do

Job Title What they do How to become one
Project Management Postsecondary teachers instruct students in a variety of academic subjects beyond the high school level. Educational requirements vary with the subject taught and the type of educational institution. Typically, postsecondary teachers must have a Ph.D. or other doctoral degree in their field. However, a master's degree may be enough for some postsecondary teachers at community colleges. Other postsecondary teachers may need work experience in their field of expertise. Education Postsecondary teachers who work for 4-year colleges and universities typically need a Ph.D. or other doctorate in their field of degree.
Logistics, Materials, and Supply Chain Management Industrial production managers oversee the daily operations of manufacturing and related plants. Industrial production managers typically need a bachelor’s degree and several years of related work experience. Education Employers prefer that industrial production managers have at least a bachelor’s degree. While the degree may be in any field, many industrial production managers have a bachelor’s degree in business administration or industrial engineering. Sometimes, production workers with many years of experience take management classes to become production managers.
Operations Management and Supervision Computer and information systems managers plan, coordinate, and direct computer-related activities in an organization. Typically, a bachelor’s degree in computer or information science, plus related work experience, is required. Many computer and information systems managers also have a graduate degree. Education Computer and information systems managers typically need a bachelor's degree in computer and information technology or a related field, such as engineering technologies. These degrees include courses in computer programming, software development, and mathematics.
Non-Profit, Public, Organizational Management Top executives plan strategies and policies to ensure that an organization meets its goals. Top executives typically need at least a bachelor’s degree and considerable work experience to enter the occupation. Education Top executives typically need a bachelor's or master's degree in an area related to their field of work, such as business or engineering. Top executives in the public sector may have a degree in business administration, public administration, law, or the liberal arts. Top executives of large corporations may have a master’s degree in business administration (MBA). College presidents and school superintendents are typically required to have a master’s degree, although a doctorate is often preferred. Although many mayors, governors, and other public sector executives have at least a bachelor’s degree, these positions typically do not have any specific education requirements. Work Experience in a Related Occupation Many top executives advance within their own organizations, moving up from lower level management occupations or supervisory positions.
Organizational Leadership Human resources managers plan, coordinate, and direct the administrative functions of an organization. Candidates typically need a combination of education and several years of related work experience to become a human resources manager. Although most positions require a bachelor’s degree, some require a master’s degree. Education Human resources managers usually need a bachelor’s degree. Candidates may earn a bachelor’s degree in human resources or in another field, such as business management, education, or information technology.
Real Estate Property, real estate, and community association managers take care of the many aspects of residential, commercial, or industrial properties. Although many employers prefer to hire college graduates, a high school diploma combined with several years of related work experience is typically required for entry-level positions. Some managers also must have a real estate license. Education A high school diploma or equivalent is typically required for most onsite property management positions. However, many employers prefer to hire college graduates for commercial management positions and offsite positions dealing with a property’s finances or contract management.
Accounting , Accountancy Accountants and auditors prepare and examine financial records. Accountants and auditors typically need at least a bachelor’s degree in accounting or a related field to enter the occupation. Completing certification in a specific field of accounting, such as becoming a licensed Certified Public Accountant (CPA), may improve job prospects.   Education Accountants and auditors typically need a bachelor's degree in accounting or a related field, such as business.
Human Resources Management Compensation and benefits managers plan, develop, and oversee programs to pay employees. Compensation and benefits managers typically need a combination of education and related work experience. Education For most positions, compensation and benefits managers typically need a bachelor’s degree in business, human resources, or a related field. Work Experience in a Related Occupation Work experience is essential for compensation and benefits managers. Managers often specialize in either compensation or benefits, depending on the experience they gain in previous jobs. Managers often start out as compensation, benefits, and job analysis specialists.
Finance Top executives plan strategies and policies to ensure that an organization meets its goals. Top executives typically need at least a bachelor’s degree and considerable work experience to enter the occupation. Education Top executives typically need a bachelor's or master's degree in an area related to their field of work, such as business or engineering. Top executives in the public sector may have a degree in business administration, public administration, law, or the liberal arts. Top executives of large corporations may have a master’s degree in business administration (MBA). College presidents and school superintendents are typically required to have a master’s degree, although a doctorate is often preferred. Although many mayors, governors, and other public sector executives have at least a bachelor’s degree, these positions typically do not have any specific education requirements. Work Experience in a Related Occupation Many top executives advance within their own organizations, moving up from lower level management occupations or supervisory positions.

Job Outlook for other majors in Business Administration and Management -MBA

Job Title Number of jobs Median Salary Job outlook
Project Management 1276900 $80560 Faster than average
Business Administration and Management -MBA 2704400 $107680 As fast as average
Logistics, Materials, and Supply Chain Management 189300 $108790 Slower than average
Operations Management and Supervision 482000 $151150 Faster than average
Non-Profit, Public, Organizational Management 2704400 $107680 As fast as average
Organizational Leadership 161700 $121220 As fast as average
Real Estate 364100 $59660 Slower than average
Accounting , Accountancy 1392200 $73560 As fast as average
Human Resources Management 18700 $125130 Slower than average
Finance 2704400 $107680 As fast as average

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Source and Credit : Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, https://www.bls.gov/ooh/