{"id":28365,"date":"2021-01-12T20:56:20","date_gmt":"2021-01-13T04:56:20","guid":{"rendered":"https:\/\/careerkarma.com\/blog\/?p=28365"},"modified":"2025-10-02T10:39:01","modified_gmt":"2025-10-02T17:39:01","slug":"pmp-vs-mba","status":"publish","type":"post","link":"https:\/\/careerkarma.com\/blog\/pmp-vs-mba\/","title":{"rendered":"PMP vs MBA: Which Should You Go For?"},"content":{"rendered":"\n<p>Deciding whether to get an MBA (master of business administration) degree or a PMP (project management professional) certification doesn\u2019t have to be a daunting experience.<br><\/p>\n\n\n\n<p>Below we will discuss the differences between these educational paths so you can decide which one may be right for you.&nbsp;&nbsp;<\/p>\n\n\n<!-- load the widget code --><div class=\"esy_widget_container esy_type_search\" style=\"min-height:175px\"><\/div><script data-cfasync=\"false\" type=\"text\/javascript\">document.addEventListener(\"DOMContentLoaded\", function(event) {ESY.Widget({category_id: '',domain_id: 'careerkarma.com',widget_id: '945946',custom_options: '',tags: '',intro: '',type: 'search'});});<\/script><!-- END load the widget code -->\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-is-pmp\">What Is PMP?<\/h2>\n\n\n\n<p>A PMP certificate is for those who wish to become a project manager. No matter the career, if your responsibility is to bring projects to completion, you should consider a PMP program.<br><\/p>\n\n\n\n<p>Offered by the Project Management Institution, it is a specialized, internationally recognized certificate. To obtain this certification, you must complete a course and pass an exam based on the PMI\u2019s<a href=\"https:\/\/www.pmi.org\/certifications\" target=\"_blank\" rel=\"noopener\" rel=\"nofollow\"> Project Management Body of Knowledge<\/a> (PMBOK).&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-project-manager-professional-salaries-and-job-outlook-nbsp\">Project Manager Professional Salaries and Job Outlook&nbsp;<\/h3>\n\n\n\n<p>As a new field, there are not many qualified PMPs in the market. Therefore, your chance of getting a high-paying job as a project manager is relatively high.&nbsp;<br><\/p>\n\n\n\n<p>In 2019, the salary for a PMP without certification in the US was $100,000 per year. But with qualification, that salary could increase by 20 percent.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-is-an-mba\">What Is an MBA?<\/h2>\n\n\n\n<p>An MBA is a valuable degree that covers many key practices used in businesses. However, it\u2019s not as specialized as a PMP certificate.&nbsp;<br><\/p>\n\n\n\n<p>Students usually start with a four-year degree or a <a href=\"https:\/\/careerkarma.com\/blog\/business-administration\/\">course in business administration<\/a> before moving on to this two-year master\u2019s degree.&nbsp;<br><\/p>\n\n\n\n<p>When <a href=\"https:\/\/careerkarma.com\/blog\/masters-degree\/\">studying for a master\u2019s degree<\/a> you will learn about subjects like accounting, business communication, human resources, supply-chain management, entrepreneurship, and marketing.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-mba-salaries-and-job-outlook-nbsp\"><a href=\"https:\/\/careerkarma.com\/blog\/mba-specializations\/\">MBA Salaries and Job Outlook<\/a>&nbsp;<\/h3>\n\n\n\n<p>An MBA allows you to work in many different professions or even become your own boss. Those that utilize MBAs include product managers, financial analysts, business analysts, and <a href=\"https:\/\/careerkarma.com\/blog\/operations-management\/\">operations managers<\/a>.&nbsp;<br><\/p>\n\n\n\n<p>A business development manager, for example, can earn an average starting salary of $71,280 per year. With more experience and training, that salary increases to $190,000 per year.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-pmp-vs-mba-differences-and-similarities\">PMP vs MBA: Differences and Similarities<\/h2>\n\n\n\n<p>Below you\u2019ll find some of the most important differences and similarities between a PMP certification and an MBA.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-broad-base-vs-specialization-nbsp\">Broad Base vs Specialization&nbsp;<\/h3>\n\n\n\n<p>An MBA is a broad-based degree that covers many skills and areas. A PMP certificate, meanwhile, is more specialized and focuses mainly on project management.&nbsp;&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-different-career-paths\">Different Career Paths<\/h3>\n\n\n\n<p>An MBA allows you to work many different types of jobs, including as a financial advisor, <a href=\"https:\/\/careerkarma.com\/blog\/how-to-become-a-business-analyst\/\">business analyst<\/a>, actuary, financial planner, chartered accountant, or financial manager.&nbsp;<br><\/p>\n\n\n\n<p>The PMP certificate allows you to work in one primary profession: project management.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-flexibility\">Flexibility<\/h3>\n\n\n\n<p>With an MBA, you can easily switch careers using your business education. But with a PMP certificate, you will primarily work your way up the ladder as a project manager.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-income\">Income<\/h3>\n\n\n\n<p>With a PMP certificate and additional training, your salary is similar to an MBA professional.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-opportunities\">Opportunities<\/h3>\n\n\n\n<p>Both awards help you join some of the fastest-growing professions in the world. Some project managers get both a PMP certificate and an MBA to increase their overall value.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-education\">Education<\/h3>\n\n\n\n<p>Both of these educational paths will require classroom time. Remember, an <a href=\"https:\/\/careerkarma.com\/blog\/online-masters-programs\/\">online master\u2019s degree program<\/a> can be completed in two years.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-mba-vs-pmp-requirements\">MBA vs PMP: Requirements<\/h2>\n\n\n\n<p>Requirements for a PMP certificate and MBA degree are not so different.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-pmp-requirements\">PMP Requirements<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Schooling.<\/strong> PMP certification requires a bachelor\u2019s degree in project management and work experience. Once you get your certificate, you should <a href=\"https:\/\/careerkarma.com\/blog\/cpd-courses\/\">continue learning through online resources<\/a>.<\/li>\n\n\n\n<li><strong>Continued education.<\/strong> Many decide to get a PMP certificate following their MBA as it can be required for a project manager.\u00a0<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-mba-requirements\">MBA Requirements<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Schooling.<\/strong> A bachelor\u2019s degree from an accredited institution is usually required to move on to a master\u2019s.\u00a0\u00a0<\/li>\n\n\n\n<li><strong>Work experience.<\/strong> Between two and three years of work experience, and sometimes letters of recommendation, are required to enter an MBA program.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-mba-vs-pmp-exam-and-cost\">MBA vs PMP: Exam and Cost<\/h2>\n\n\n\n<p>The cost of acquiring an MBA or PMP certificate differs depending on your route. We look at some options below.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-how-much-does-a-pmp-certification-cost\">How Much Does a PMP Certification Cost?<\/h3>\n\n\n\n<p>Costs will depend on your country and the institution you attend. PMI members get discounts on exams, textbooks, and e-learning material.&nbsp;<br><\/p>\n\n\n\n<p>To become a PMI member you must <a href=\"https:\/\/www.pmi.org\/membership\/join\" target=\"_blank\" rel=\"noopener\" rel=\"nofollow\">visit their website and register<\/a>. Fees for members and non-members in the US are found below.<br><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>PMI membership fee<\/strong>: $129 per year plus a $10 application fee.<\/li>\n\n\n\n<li><strong>Exam fee:<\/strong> Non-members pay $555 while members pay $405\u00a0<\/li>\n\n\n\n<li><strong>Application of certification exam:<\/strong> Non-member pay $400 while members pay $250\u00a0<\/li>\n\n\n\n<li><strong>Re-exam fee<\/strong>: Non-members pay $375 and members pay $275<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-how-much-does-an-mba-degree-cost\">How Much Does an MBA Degree Cost?<\/h3>\n\n\n\n<p>Here\u2019s the cost breakdown for an MBA degree.<br><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.mba.com\/exams\/gmat\/about-the-gmat-exam\/gmat-exam-structure\" target=\"_blank\" rel=\"noopener\" rel=\"nofollow\">GMAT<\/a> <strong>exam:<\/strong> $250\u00a0<\/li>\n\n\n\n<li><strong>Re-exam<\/strong>: $20<\/li>\n\n\n\n<li><strong>Late registration<\/strong>: $35\u00a0<\/li>\n<\/ul>\n\n\n\n<p>Once you\u2019ve passed the GMAT, you can <a href=\"https:\/\/careerkarma.com\/blog\/online-mba-in-international-business\/\">enroll in a business school<\/a>. A <a href=\"https:\/\/www.mastersportal.com\/articles\/2788\/how-much-does-studying-an-mba-degree-cost-in-2020.html\" target=\"_blank\" rel=\"noopener\" rel=\"nofollow\">breakdown by country of university options<\/a> can be found online.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-mba-vs-pmp-which-exam-is-easier\">MBA vs PMP: Which Exam Is Easier?<\/h3>\n\n\n\n<p>Both an MBA and PMP certificate require their fair share of studying. Is one easier than the other? We compare them below.<br><\/p>\n\n\n\n<p>The PMP exam is based on one main source: the <a href=\"https:\/\/www.pmi.org\/certifications\" target=\"_blank\" rel=\"noopener\" rel=\"nofollow\">PMBOK<\/a>. If you study this thoroughly your chances of passing will easily be better. You can download this directly from PMI\u2019s website.&nbsp;<br><\/p>\n\n\n\n<p>Regarding an MBA and exam difficulty, firstly, if you\u2019re looking for a broad and formal education in all things business, get an MBA as it has more potential to open doors that a PMP credential on its own may not do.<br><\/p>\n\n\n\n<p>Regarding the MBA exam, in the US, every year candidates send their GMAT scores to US universities that offer MBA courses, as this is a prerequisite to get enrolled in any MBA program. The <a href=\"https:\/\/studyabroad.shiksha.com\/exams\/gmat\" target=\"_blank\" rel=\"noopener\" rel=\"nofollow\">Graduate Management Admission Test (GMAT)<\/a> tests your analytic, verbal, quantitative, and reading skills, along with the IELTS\/TOEFL scores.&nbsp;<br><\/p>\n\n\n\n<p>Some colleges also accept GRE scores for business school admissions, and both <a href=\"https:\/\/careerkarma.com\/blog\/gmat-vs-gre\/\">the GRE and GMAT are similar<\/a>, however, GMAT is recognized in more institutions and jobs.&nbsp;<br><\/p>\n\n\n\n<p>So, if your asking whether one is easier than the other, the answer is not as clear-cut as you would hope. Both are equally difficult and require extensive studying and preparation. If you want to get a feel for both exams, there are online <a href=\"https:\/\/careerkarma.com\/blog\/best-gmat-prep-an-essential-guide\/\">GMAT practice tests<\/a> and <a href=\"https:\/\/careerkarma.com\/blog\/gre-test-prep\/\">GRE practice tests<\/a> you can take.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-mba-vs-pmp-pros-and-cons\">MBA vs PMP: Pros and Cons<\/h2>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh4.googleusercontent.com\/P5E1G_suYX4gAcf4WI23pDOqK2dXf_rCBGkccK3K_5K9Mz7HPSQu7o1HVbFuCdrtEQaZTo0f1BUzJVUr5P6PcY0VaU0PlxKqwlrAlYTaEzwlmdN-pZbYqTGat7wv31o5nvp9RlfF\" alt=\"a young male adult sitting inside an office, with his laptop on his lap. He wears black-framed glasses, a black hoodie with a white logo on the front, khaki pants, and blue shoes with brown laces. He looks happy.\"\/><figcaption class=\"wp-element-caption\"> Is it time for you to consider an MBA or a PMP certificate? <\/figcaption><\/figure>\n\n\n\n<p>You can find some of the pros and cons of an MBA or a PMP certificate below.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-mba-pros\">MBA Pros<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Job opportunities.<\/strong> This degree improves your chances in a highly-competitive job market.\u00a0<\/li>\n\n\n\n<li><strong>Global markets.<\/strong> It can also expose you to a global market and enhance your knowledge of the global economy.<\/li>\n\n\n\n<li><strong>Networking.<\/strong> You\u2019ll join thousands of alumni and have access to top professionals in your field.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-mba-cons\">MBA Cons<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Cost.<\/strong> It takes a financial commitment. Besides the tuition fees, there are the costs of books and maybe accommodation. Some institutions offer tuition help like paying upfront at a discount, paying by installments, scholarships, or grants.<\/li>\n\n\n\n<li><strong>Long-term commitment.<\/strong> Your MBA education will usually last around two years. Some choose to do a four-year <a href=\"https:\/\/careerkarma.com\/blog\/combined-bachelors-and-masters-degree-online\/\">bachelor\u2019s plus master\u2019s degree online<\/a>.<\/li>\n\n\n\n<li><strong>Lack of specialization.<\/strong> An MBA will give you the building blocks for later specialization.\u00a0<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-pmp-certification-pros\">PMP Certification Pros<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Proven knowledge.<\/strong> This certificate shows you have the knowledge and experience to direct projects.\u00a0<\/li>\n\n\n\n<li><strong>Salary. <\/strong>This is the highest-paid IT certification. Certified PMPs have higher salaries than non-certified project managers.\u00a0<\/li>\n\n\n\n<li><strong>Resume.<\/strong> It will look great on your resume and you\u2019re sure to be in demand.\u00a0\u00a0<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-pmp-certification-cons\">PMP Certification Cons<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>It is expensive.<\/strong> The 35 hours of formal education, plus the exam is costly unless you are a PMI member.<\/li>\n\n\n\n<li><strong>The exam is time-consuming. <\/strong>Everything needs to be meticulously documented. Examiners need detailed information including in the Work Breakdown Structure (WBS).<\/li>\n\n\n\n<li><strong>Expiration date.<\/strong> Certificate renewal is done every three years, once you submit 60 <a href=\"https:\/\/www.pmi.org\/certifications\/certification-resources\/maintain\/pdu\" target=\"_blank\" rel=\"noopener\" rel=\"nofollow\">professional development units as required by the PMI<\/a>.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-should-you-get-an-mba-or-pmp-certification\">Should You Get an MBA or PMP Certification?<\/h2>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/RWWai6eWvN3n2gpXB-e70JIms9xMEzdqTt0S7uydfqqC47fWW9YS6jIVNTFsqj2zCQWRHsyqACVnry8Yq5oyybWTsLsoInffAux0jrJdatq_ZuZ32D_8hdX59ZUeT8xieauEnaI2\" alt=\"a smart man in a suit with a blue tie, is sitting in a modern office. On his white desk is a silver laptop, a black lamp, a plant in a white pot, he is holding a black pen and has a white mug next to him. He looks like a professional.\"\/><figcaption class=\"wp-element-caption\"> Getting a degree or certification will help you in the long run.&nbsp;&nbsp; <\/figcaption><\/figure>\n\n\n\n<p>Getting a PMP certification or an MBA degree is worth it if you are working in business or project management.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-advantages-of-getting-pmp-certified\">Advantages of Getting PMP Certified<\/h3>\n\n\n\n<p>This qualification most certainly helps project managers get better jobs, higher salaries, and more networking opportunities.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-advantages-of-getting-an-mba\">Advantages of Getting an MBA<\/h3>\n\n\n\n<p>The economy is in constant flux. An MBA can help you land a job or even <a href=\"https:\/\/careerkarma.com\/blog\/invest-in-yourself-how-to-become-an-entrepreneur\/\">become an entrepreneur<\/a>.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"Deciding whether to get an MBA (master of business administration) degree or a PMP (project management professional) certification doesn\u2019t have to be a daunting experience. Below we will discuss the differences between these educational paths so you can decide which one may be right for you.&nbsp;&nbsp; What Is PMP? A PMP certificate is for those&hellip;","protected":false},"author":102,"featured_media":28366,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[25395],"tags":[],"class_list":{"0":"post-28365","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-degrees"},"acf":{"post_sub_title":"","sprint_id":"","query_class":"{term} vs {term}","school_sft":"","parent_sft":"","school_privacy_policy":"","has_review":"","is_sponser_post":"","is_guest_post":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.0 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>PMP vs MBA: Which Should You Go For? | Career Karma<\/title>\n<meta name=\"description\" content=\"PMP vs MBA: Here&#039;s why you should get a PMP certification or an MBA degree.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/careerkarma.com\/blog\/pmp-vs-mba\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PMP vs MBA: Which Should You Go For?\" \/>\n<meta property=\"og:description\" content=\"PMP vs MBA: Here&#039;s why you should get a PMP certification or an MBA degree.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/careerkarma.com\/blog\/pmp-vs-mba\/\" \/>\n<meta property=\"og:site_name\" content=\"Career Karma\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/facebook.com\/careerkarmaapp\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-13T04:56:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-10-02T17:39:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/careerkarma.com\/blog\/wp-content\/uploads\/2021\/01\/jonathan-daniels-CuVtBUNqj3Y-unsplash.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1020\" \/>\n\t<meta property=\"og:image:height\" content=\"681\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Biba Rey\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/BehindSpaces\" \/>\n<meta name=\"twitter:site\" content=\"@career_karma\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Biba Rey\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/careerkarma.com\/blog\/pmp-vs-mba\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/careerkarma.com\/blog\/pmp-vs-mba\/\"},\"author\":{\"name\":\"Biba Rey\",\"@id\":\"https:\/\/careerkarma.com\/blog\/#\/schema\/person\/da3ffa08fb10524e86fe4462ef9c33e6\"},\"headline\":\"PMP vs MBA: Which Should You Go For?\",\"datePublished\":\"2021-01-13T04:56:20+00:00\",\"dateModified\":\"2025-10-02T17:39:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/careerkarma.com\/blog\/pmp-vs-mba\/\"},\"wordCount\":1402,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/careerkarma.com\/blog\/pmp-vs-mba\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/careerkarma.com\/blog\/wp-content\/uploads\/2021\/01\/jonathan-daniels-CuVtBUNqj3Y-unsplash.jpg\",\"articleSection\":[\"Degrees\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/careerkarma.com\/blog\/pmp-vs-mba\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/careerkarma.com\/blog\/pmp-vs-mba\/\",\"url\":\"https:\/\/careerkarma.com\/blog\/pmp-vs-mba\/\",\"name\":\"PMP vs MBA: Which Should You Go For? 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