The cheapest online master’s in project management programs offer a low-cost way to develop leadership skills in budgeting, team coordination, and strategic execution. Designed for working professionals, these flexible master's degrees often include capstone projects and preparation for PMP certification.
Key Takeaways:
- Amberton University offers the lowest tuition at just $4,500, making it the most affordable project management master’s online.
- Arizona State University Online claims the top spot for earnings among project management graduates, with a median salary of $120,085.
- Aspen University provides unmatched faculty access with a 5:1 student-faculty ratio.
Our rankings only reflect accredited institutions offering fully online master’s degrees in project management with verified tuition rates under $30,000. Visit our methodology for a detailed breakdown of our data sources and ranking criteria.
2025 Most Affordable Online Master's Degrees in Project Management
| Rank | School | Location | Annual Tuition |
|---|---|---|---|
| Amberton University | Garland (TX) | $4,500 | |
| University of Arkansas Grantham | Kansas City (KS) | $5,475 | |
| Columbia Southern University | Orange Beach (AL) | $6,282 | |
| Aspen University | Denver (CO) | $7,740 | |
| University of the Potomac | Multiple Locations | $8,100 | |
| Waldorf University | Forest City (IA) | $8,280 | |
| Purdue Global | Indianapolis (IN) | $9,700 | |
| University of Kansas | Lawrence (KS) | $9,817 | |
| Dallas Baptist University | Dallas (TX) | $9,900 | |
| Arizona State University, Online | Tempe (AZ) (and 4 others) | $9,982 | |
| Liberty University | Lynchburg (VA) | $10,170 | |
| University of Louisiana - Lafayette | Lafayette (LA) | $10,240 | |
| National University | La Jolla (CA) | $10,608 | |
| University of Wisconsin - Platteville | Platteville (WI) | $11,261 | |
| Southeastern Oklahoma State University | Durant (OK) | $11,400 |
Overview of Online Project Management Master's Degrees
Project management master's degree programs are designed to help you become an adept project manager capable of overseeing diverse assignments in various organizations and sectors. Most classes feature hands-on projects that simulate real-world situations. For instance, you might be tasked with creating a project charter, devising a risk management plan, or conducting a post-project review.
In a master's in project management program, you'll learn technical skills such as project planning and scheduling, risk management, budgeting, and performance monitoring. Given the importance of soft skills in this field, you'll also develop leadership, conflict resolution, collaboration, and effective communication skills.
Online project management degrees typically require 30-36 credit hours. You may be able to complete your graduate degree in two years if you're studying full time, and there are a few accelerated programs available if you'd like to finish sooner. You do not necessarily need to hold a bachelor's degree in project management or business administration to be accepted into an online master's program, but if you don't, you may be required to take a few prerequisite courses.
If you haven't yet earned an undergraduate degree, you may be interested in our lists of the best online bachelor's degrees in project management and the most affordable online project management degrees.
Common Courses
Since graduates with an online project management master's degree may go on to seek certification through the Project Management Institute (PMI), the curriculum of some programs focuses on providing the knowledge needed to pass the certification exams. In addition to the core courses, programs often end with some type of culminating course that may involve a research project, a thesis, or portfolio development. A few programs also require an internship.
Some of the online courses commonly found in a project management master's program include:
Project Planning and Control
In this course, students learn to design and manage complex projects, ensuring they remain within budget and on schedule. They'll practice using industry-standard tools and techniques for project scheduling and control.
Risk Management
This course teaches students to identify, assess, and mitigate project risks. They will also develop strategies to ensure projects run smoothly despite unforeseen challenges.
Stakeholder Management
Through a variety of experiential learning activities, students are trained to effectively communicate with stakeholders, ensuring their needs are addressed and their involvement is optimized throughout the project lifecycle.
Budgeting and Cost Control
This course delves into techniques, tools, and best practices for creating project budgets and monitoring project expenses. Students will also learn about cost forecasting and control mechanisms.
Leadership and Team Management
By emphasizing soft skills, this course trains students in leading teams, managing conflicts, and ensuring optimum team performance throughout a project.
Performance Monitoring and Evaluation
Students are introduced to methodologies for evaluating the progress and performance of a project against set goals, ensuring continuous improvement.
Funding an Online Project Management Degree
Before you enroll in an online master's in project management program, you'll want to think through the cost and how you're going to pay for the degree. Tuition fees make up the majority of the cost of earning a degree, so to start calculating expenses, you can multiply each school's per-credit tuition fee by the number of required credits in each program.
Alternatively, you can get an estimate by using data from the National Center for Education Statistics (NCES). The NCES collected data from graduate schools across the country for the 2021-22 school year. The center's findings show that the for graduate programs at public universities was $12,596, while private schools averaged $12,596. Multiplying these figures by the number of years you'll need to complete the graduation requirements can also give you some sense of the cost.
Although you'll probably have a number of funding sources available to you — savings, income, gifts, and financial aid — you still may want to find ways to save money on your master's degree. An online program like one of the most affordable online project management degrees listed above may be a great option for you. Since many schools set lower tuition rates for online students than for on-campus enrollees, distance education may allow you to significantly reduce your tuition costs.
Online programs can also help you save because they eliminate room and board fees, as well as expenses related to traveling to and from school. If you go the online route, you could also relocate to a more affordable city or state while you complete your degree.
Financial Aid
Many students rely on financial aid to fund at least part of their education. As an online student enrolled in an accredited college, you can apply for financial assistance.
The best forms of financial aid are grants, fellowships, and scholarships provided by the federal and state governments, as well as the schools themselves. These forms are preferred because you won't need to repay them. However, this funding usually goes to those students who can demonstrate financial need. As a graduate student, especially if you're a working adult, your financial circumstances may prevent you from receiving these types of aid.
If this is the case, you will likely be offered a student loan, but the interest can dramatically increase the total cost of earning a degree. Before you accept a loan, use our student loan repayment calculator to determine the final cost of repaying the loan. Also, think about repayment terms. Federal student loans often have lower interest rates and more flexible terms than private student loans.
There is one other type of financial aid available — private scholarships sponsored by nonprofits, civic organizations, and businesses. This aid can be determined by several factors, not just financial need. Private scholarships can be awarded based on academic merit, career goals, and family heritage.
To be considered for private scholarships, you'll need to research and submit a separate application for each opportunity. For all other types of aid, however, you can apply by submitting one form — the Free Application for Federal Student Aid (FAFSA). Your application will be reviewed by both the federal government and financial aid officers at your school. You'll then receive a financial aid letter detailing what types of aid and the amounts you're being offered.
What Can You Do With an Online Project Management Degree?
An online project management master's degree opens doors to myriad career opportunities in various sectors, including IT, construction, healthcare, and finance. Employment opportunities may go by different job titles, such as program manager and cost estimator. Some of the more common occupations include the following:
Project Management Specialists
oversee all aspects and phases of a project, from scheduling and budgeting to procurement and trouble-shooting. Although many employers hire job candidates with only a bachelor's degree, some require a master's degree and several years of work experience for senior-level roles.
Logisticians
use computer software to plan and track materials, supplies, and products. As an integral part of the supply chain for any manufacturing organization, they develop systems and look for ways to improve efficiency and reduce costs.
Management Analysts
are usually tasked with maximizing an organization's growth while also increasing productivity and performance. These professionals can utilize project management techniques to help employees within the organization adapt to change.
Many project management professionals further enhance their credentials by earning certifications. Two of the most popular options are the (CAPM) and the (PMP), both sponsored by the PMI. These certifications demonstrate your expertise, which may make you a more competitive job candidate for advanced roles in larger corporations.
If you're interested in research in the field, you may want to pursue a doctorate in project management. A terminal degree paves the way to opportunities in academia and high-level research.
Consider earning an online MBA with a focus on project management or similar discipline. You can also check out our list of the most affordable online MBA programs .
FAQs About Online Master's in Project Management Degrees
How Do I Choose a Master's in Project Management?
As you're reviewing your options for earning an online master's degree in project management, you'll want to take several factors into consideration. Curriculum is particularly important in this field. If you plan to seek certification, you'll want to choose a program that will help you prepare for the exam. Other key factors are tuition and fees, noteworthy faculty members, school-sponsored financial aid, and online student services.
The school you choose should also have institutional accreditation, which is an assurance of a quality education. All of the schools on our list of the most affordable online project management degrees are accredited. It may also be important to you to select a program that has been accredited by the PMI. This program-level accreditation indicates that the curriculum is centered on industry standards.
Is a Project Management Master's Difficult?
As with all degree programs, what is easy for some may be difficult for others. However, a project management master's degree program is rigorous, requiring you to grasp complex technical practices and develop strong interpersonal skills. It requires commitment, focus, and time management to successfully complete a master's program.
Is an MBA or a Master's in Project Management Better?
Both an MBA and a master's in project management offer tremendous value, but they cater to slightly different needs. An MBA in Project Management provides a broad business foundation with a specialization in project management, ideal for those aiming for leadership roles that require business acumen. In contrast, a master's in project management delves deeper into the intricacies of project management, which is best for those seeking expertise in this specific function.
Financial Considerations: Is Pursuing a Master's Degree in Project Management Worth It?
Determining if a master's degree in project management is worth it depends on individual career goals, financial considerations, and the potential return on investment. The most affordable online master's degrees in project management provide a budget-friendly way to gain expertise in essential areas like project planning, risk management, budgeting, and stakeholder communication. For instance, the University of Arkansas Grantham offers the most affordable option at $5,475 annually.
Financial outcomes also play a crucial role. Graduates from Arizona State University, for example, achieve high median earnings of $120,085, making it a compelling option despite its higher tuition of $9,504. Elmhurst University, while costing $13,800 annually, provides significant financial aid, averaging $27,835, potentially lowering out-of-pocket expenses.
Accredited programs on our affordability list above ensure alignment with industry standards, with some offering PMP certification, adding further value. Evaluating these factors against your personal and professional goals can help determine if investing in a master's degree in project management is the right decision for you.
Student Reviews of Online Project Management Programs
My experience with Penn State World Campus was outstanding. The courses were thorough, and the online format offered the flexibility I needed for my graduate studies. The faculty delivered expert instruction and personalized support, ensuring a well-rounded educational experience. I highly recommend both Penn State University and its World Campus.
Review Date: 8/18/2024
Would Recommend: Yes
Helpful for Career: Yes
I remember highly disliking the higher education system in my home country Germany, to such a degree that I thought I would never take up studies again. After working for a few years, I realized that a graduate degree might actually be the exact thing that my career needed to level up. I cast my reservations aside and chose Hult, as their practical approach and small classes promised to be exactly what I needed. And what can I say, my expectations were fulfilled. The faculty is incredibly passionate... Read More
Review Date: 1/12/2024
Would Recommend: Yes
Helpful for Career: No
GCU is no different from any other online school. They all pretty much follow the same format, with a few wrinkles. I find some of the course work challenging and some of the course work easy. I have attended several online schools and they all are about the same. GCU is like every other online school, they have some people that like it and some people that do not. Remember, education is what you make it. There are numerous of people who have become successful from GCU. I completed a Masters from... Read More
Review Date: 7/15/2023
Would Recommend: Yes
Helpful for Career: Yes
First of all I would like to start by saying I am not sure why this school has so many negative reviews. I have a Bachelor's Degree from a very reputable Science and Engineering based University and the classes here are just as tough as what I have taken there. Like anything else you get out of it what you put into it. If you procrastinate and do not put in enough time to do the research required of the degree programs here at CTU then you will not do well. I have had wonderful Professors and each... Read More
Review Date: 5/18/2022
Would Recommend: Yes
Helpful for Career: No
At 59 years old I finally took the leap of faith and went back to school. I first started my BS in Cyber Security & Information Assurance I am not going to lie it was an experience I will never forget I liked it so much that I went back and got my Masters in Informstion Technology Management. I have to say I had an excellent experience from enrolment to the instructors and mentors were all top notch. I also won the capdtone award from someone that hated writing I was excited to win that. I just wish... Read More
Review Date: 10/14/2022
Would Recommend: Yes
Helpful for Career: No
I have had a great time with EU, I received my bachelor’s degree in construction management in 2018 and loved the school so much that I went back and now pursuing my master's degree in project management. The administration personal are so helpful on anything that I need, they also really care about how you’re doing in school. I got many phone calls from my assist dean on how I was doing. I really like this school and wish I could get my doctorate degree from this school. I would definitely recommend... Read More
Review Date: 11/12/2019
Would Recommend: Yes
Helpful for Career: No
I attened CSU-Global for both my undergrad (IT) and grad (PM) degrees. I completed both in 3 years (stacked courses and went year-round). A lot of the feedback on here talks about "self-taught", but it's an online course. It should be understood that online courses limit interaction. However, almost all of my instructors were responsive to emails, phone calls, and even set up video chat options. They replied to every student discussion forum and made specific comments to each student. Papers were... Read More
Review Date: 1/24/2023
Would Recommend: Yes
Helpful for Career: No
Some of the classes were OK but some of them are really bad and need updating. The marketing class should be scrapped. It was by far the worst class I have ever taken. It is also group based and we had one member that could not even write in complete sentences. So it seems you can just pay for a degree and not apply yourself. The teachers are just facilitating and most don't add any value to the class each term other than babysitting. Resources are not available. Totally different experience than... Read More
Review Date: 11/16/2020
Would Recommend: No
Helpful for Career: No
You get what you pay for. Professors are great. But the online delivery (Moodle) of course material, chats etc is much much less than I expected, after using products such as Pearson, Canvas ans black-board. Moodle/Amberton Univ has no videos, just a text of live chats, its like watching TV with sound, but no picture. Many books to order, much reading, written APA style case studies, varily easy program, but the front line support staff are not knowledgeable, do not know their system well, or course... Read More
Review Date: 3/21/2019
Would Recommend: No
Helpful for Career: No
University of Wisconsin-Platteville has helped make my educational goals an obtainable asset! With online classes, I am able to work full time to help cover the tuition expenses. The Desire2Learn portal has streamlined access to classes. The calendar feature reminds you when homework is due and when tests are coming up. They offer a variety of online programs that are user friendly. I highly recommend UW-Platteville for your educational needs.
Review Date: 2/6/2017
Would Recommend: Yes
Helpful for Career: No
I was fortunate to be part of the launch of the Master of Professional Studies in Project Management at Georgetown University's School of Continuing Studies. I was impressed at the level of quality this program offered during its initial courses. Having worked in curriculum development, this program met both the intellectual challenge and flexibility I was looking for in an online format. Moreover, the course director and program manager were extremely understanding and helpful when I had to withdraw... Read More
Review Date: 2/15/2018
Would Recommend: Yes
Helpful for Career: No
I found this course helpful for my career and growth. This is very much interesting and knowledgeable course. Faculties are very good and they are highly qualified. Students enrolled are very much interactive and self motivated. I would definitely recommend this school
Review Date: 6/20/2017
Would Recommend: Yes
Helpful for Career: Yes
I didn't have the admissions issues some others mentioned. I used my post 9/11 and the military outreach person made sure it went smoothly. Now for the classes... Well they didn't make a hell of a lot of sense to me. The seminars were pretty good and the professor seemed to know his business, but then the assignment had almost nothing to do with the assigned reading or the seminars. This school also makes you do a ton of those useless discussion boards, they added zero value to the course and are... Read More
Review Date: 3/8/2019
Would Recommend: No
Helpful for Career: No
I've been with Strayer since 2002 and although I've seen quite a few significant changes over the years, they have always been able to fit in with my schedule. As a husband, father of 7 and full-time employee I needed an institution that was capable of fitting my schedule. Strayer has been able to do this. As far as the Financial department goes, I would not know much about this since my company has paid 100% from my Associate's Degree all the way through my Master's Degree. Having said this, though,... Read More
Review Date: 3/27/2019
Would Recommend: Yes
Helpful for Career: Yes
I'm currently enrolled and pursuing an MS in Information Technology with a major in Project management. American Military University (AMU) has been very resourceful and encouraging in helping me achieve my goal. I'm currently active duty military with rigorous working hours, but the flexibility of this school has made it possible for me to remain in school. For students currently working and thinking of how they could cope with both aspect of life (working and going to school), search no more because... Read More
Review Date: 3/4/2017
Would Recommend: Yes
Helpful for Career: Yes
I believe that all of the classes the were offered at Trident University while I was studying there were very applicable to the files that I work on. On a near daily basis something comes up with work that I can think back to what I have learned from the University and have confidence in my knowledge and skills.
Review Date: 3/17/2019
Would Recommend: Yes
Helpful for Career: Yes
Everglades University has a structure that is accommodating to students who are adults, work full time, have families and additional life responsibility. The academic structure of one class every two months works great with my schedule. The online library and research tools for academic databases is extensive. It is so helpful not having to stress out when it's time to write a paper because of lack of information and resources. The professors create a personalized environment with individual student... Read More
Review Date: 5/11/2017
Would Recommend: Yes
Helpful for Career: Yes
The staff at Grantham have been absolutely wonderful and accommodating. When I was searching for a school to help further my degree I didn't have to look much further than Grantham. From day one they have been in contact with me to answer any question I have about the program and with specific classes. Professors are prompt to respond to emails and they reach out to their students when it may seem like they need help. The advisors are very helpful when scheduling classes and give recommendations... Read More
Review Date: 2/26/2017
Would Recommend: Yes
Helpful for Career: No
I just completed my MBA IT Managment degree from WGU in 14 months through a lot of hard work and support from my program and course mentors. I highly recommend this school for individuals who can work independently while at the same time reaching out to the faculty for any roadblocks that come up. I was impressed with the wealth of knowledge the course mentors have on the various subjects they support. I believe the curriculum has also prepared me for greater roles within the IT industry which I... Read More
Review Date: 11/12/2018
Would Recommend: Yes
Helpful for Career: No
AIU is about discilpline, reaching for your star and building that indiviual you are to become! AIU makes it your responsibility to conquer and to overcome what you did not know who you really were to become. I thank my God , because before applying at this college, God had already assigned this leadershiip ,staff and professors to educate me. Now I have caught my star and to walk towards my valuable journey.
Review Date: 5/1/2018
Would Recommend: Yes
Helpful for Career: Yes