At New England College, the Master of Science in Management degree is designed to give students the high-level skills and experience they need to add value to organizations in virtually any industry. From mastering essential project management skills to understanding the keys to corporate leadership, students develop myriad proficiencies through this management-focused program. Discover just a few of the many things students often do with a Master of Science in Management degree from NEC.
Specialize in Project Management
The Master of Science in Management program centers on teaching high-level project management skills. Students learn about the lifecycle of a project and managing it from beginning to end, effectively preparing to do so in a business setting. From scheduling and budgeting to allocating resources and staffing assignments, this online master’s program prepares students to specialize in project management in a number of industries.
In addition, many Master of Science in Management graduates go on to earn one of the eight available certifications from the Project Management Institute (PMI), which means this master’s program could serve as an important step on a successful project management career path. Since each certification requires a combination of project management-specific education and experience, earning a Master of Science in Management degree could help students prepare for the PMI exam and the professional opportunities ahead.
The demand for highly qualified project managers continues to increase in many industries, which may make a project management specialization a valuable educational choice. As Steve DelGrosso states in CIO, “The marketplace in the U.S. is demanding the PMP or other project management certification. … If you can’t present a certified project manager on their deal, they won’t consider you.”
Offer Advanced Problem-Solving Tactics
The Master of Science in Management program encompasses more than project management mastery. Students can also learn many of the essential components of guiding a multifaceted project, including advanced problem-solving tactics.
No matter the role in the business world, students can expect to encounter complex problems regularly. With graduate-level experience in problem-solving, they can learn to consider the many sides of an issue effectively, communicate successfully with stakeholders, and solve critical problems in a way that offers an organization the greatest advantage.
In master’s-level courses such as Economics for Decision Making, students learn how to navigate stakeholder relationships and strategies for balancing available means with desired outcomes. Thanks to the program’s emphasis on ethics in the business world, aspiring leaders could also become adept at using professional standards to guide any problem-solving approach.
Conduct High-Level Research
As the demand for cutting-edge research grows in every corner of the business world, knowledge and data become increasingly valuable. Executing high-level research can allow professionals to offer even more value to their companies and could enable Master of Science in Management graduates to add another area of expertise to an already impressive skill set.
Even experienced researchers may find the Master of Science in Management program’s Research Methods course essential to developing a strong practice in this area. Since the course includes concepts such as research design, literature reviews, and research methods for project managers, it could enable Master of Science in Management graduates to excel at conducting high-level research.
Since students can complete the Master of Science in Management degree online, they may be able to hone their research skills as they maintain professional connections in the business world. Due to the flexibility and location independence this project management program offers, many students opt to continue to work and apply their newfound skills immediately while earning their graduate degrees.
Manage Supply Chains
In many cases, project managers must also manage supply chains to execute projects effectively. Those who have a high-level understanding of how to navigate supply chains can often produce more accurate cost analyses, develop more cost-effective project proposals, and maintain projects’ budgets and schedules.
NEC students may have the opportunity to take their supply chain management skills to the next level through specialized coursework. The program’s Supply Chain Management course centers on developing competitive strategies, making operational decisions, and using automation technology. Upon completing this degree program, graduates may use these skills to become supply chain managers or to secure other executive roles.
Lead Teams and Companies
Project managers, by definition, hold leadership roles. In fact, Master of Science in Management graduates hold titles such as director of project management, process and integration director, and new product development director. With high-level management training and a strong understanding of administrative concepts, professionals in this position can learn how to lead successfully.
With a Master of Science in Management degree, project management professionals may have the opportunity to hone their leadership skills before applying them in the real world. In courses such as Organizational Leadership and Change, students may learn both traditional and contemporary theories of management and develop an understanding of how they apply in various professional settings. Students can also learn key concepts such as the importance of vision in guiding organizational change and strategies for building successful teams, which may prove critical in a management role.
Due to their unique leadership skill set, Master of Science in Management graduates may find themselves empowered to manage more effectively. For example, the ethical issues and standards that students learn may inform their ability to comply with regulations, encourage employee commitment, and ensure high-level business performance, which can enhance the value they provide.
Excel at Communication
Effective communication is essential in the business world, no matter your job title. Project managers and other management professionals need strong communication skills to acquire key data, provide accurate cost estimates, lead successful teams, and adhere to project budgets and schedules. Since project managers often need to secure management buy-in and departmental support before launching projects, persuasive communication and public speaking skills are essential in this type of role.
The core coursework offers students the opportunity to learn essential business communication skills and understand how to implement them to increase organizational effectiveness. In this online master’s program, students may also hone communication skills through academic discussion platforms, one-on-one interactions with instructors, and networking with peers.
Develop Savvy Strategies
For project managers, developing a strong sense of business strategy is essential. Effective project managers must understand how to evaluate an organization’s strategy, identify key needs and areas for improvement, and propose applicable solutions. Strong project managers should also know when and why to implement change programs as well as how to ensure their success based on the organization’s approach and employees’ expectations.
With courses such as Strategic Planning and Policy, Master of Science in Management students can develop a high-level understanding of business strategy. Since this course focuses on competitive analysis, strategic alliances, and entrepreneurial startups, students may also learn how to develop business plans and respond to niche networks. These skills may prove especially valuable to project managers who opt to take leadership roles in startup companies or pursue their own entrepreneurial ventures.
Negotiate in Corporate Settings
In most industries, both high-stakes negotiations and everyday dialogues are necessary to complete simple tasks and execute large-scale strategies. Successful project managers need strong negotiation skills to gain organizational support for projects, coordinate contracts, and manage risk. Because corporate negotiations often require agreements from stakeholders with a variety of perspectives and demands, project managers also need a well-honed talent for conflict management.
At NEC, the online project management degree offers coursework that focuses on organizational communication, negotiation, and conflict resolution, which can help students to master these key skills. Through this core class, students can expect to learn how to prepare for a negotiation with research and data collection, how to process individual stakeholder needs, how to identify potential ethical issues, and when to seek outside assistance. In this program, students also work to master teamwork and conflict management, both skills that could help ensure success in project management and every aspect of the business world.
From effective negotiation and savvy business strategy to high-level problem-solving and corporate leadership, advanced project management skills could enable aspiring professionals to succeed in many industries. Visit the School of Graduate and Professional Studies at New England College to learn how a Master of Science in Management degree could become a key component of your career path in project management.